04-16-2021, 06:31 AM
A SPY chart on Fastgraphs is just scary. I own a Russell ETF that languished for years and ran way up finally. Many of the Aristocrats are dangerously over valued. We also have historically low interest and we are still printing money. This is why I have no clue when the market corrects and stays down. I see minimum wage as a non issue. Stocks aren't really priced for significant problems though like a large corporate tax increase.
I am invested defensively in holdings and strategies. I am not going to try to time it in any meaningful way until I see a catalyst. Nothing we are concerned about now is news.
I am invested defensively in holdings and strategies. I am not going to try to time it in any meaningful way until I see a catalyst. Nothing we are concerned about now is news.