Treasuries get hit and stocks take off? What!?
This is a new entry into the definition of bizarre. Inherently, it’s bullish for rates to go a little bit higher, since it means the economy is strengthening. However, the rate of change is too fast and one would assume this would jar the markets.
Perhaps the market has finally accepted a higher rate environment?
I am pleased to see POWI, CXO and IMMR lifting off. It makes me feel good to not entirely miss out on this rally. Truth be told, I’ve been on guard for a pullback ever since this rally started in 2009. I am sure many of you feel the same.
Maybe it’s time to let the old guard down and run naked through the alleyways of Wall, screaming “Boom-shacka-lacka.” Perhaps the market will never trade down again and I am wasting my time attempting to time the market.
Either way, it’s a bull market and the only strange thing about it is the lack of enthusiasm or believability in the retail client. This is so different from the dot com run, when my barber and bartender played the game. Nowadays, people think it’s rigged and scoff at anything to do with equities.
Maybe that’s a good thing.
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I think it’s as simple as the market will never trade down again. It’s a new paradigm, things are different this time, green shoots, Goldilocks environment, free market capitalism is the true path to prosperity, money on the sidelines, market is historically cheap.
That is all.
It’s like early signs that the late 70s into the early 80s are being brought back, only rather than a flight to quality into gold to avoid the skyrocketing yields, capital is going into stocks.
Flight to quality into stocks? Does that make any sense? haha. probably not.
I almost forgot. Stock prices have reached
what looks like a permanently high plateau.
More and more, retail investors are getting more interested. Noticing among family, friends, and just random people in general. Nowhere near froth yet, but I’m starting to get concerned.
^Agreed.
http://www.thedailysheeple.com/wp-content/uploads/2013/04/anatomy-of-a-bubble.png
BOOM-SHACKA-LACKA (no nba jam)
For what it’s worth, I’m a barber.
Although I’m always fighting my bearish ways, working in San Francisco many or most of my clients are working for Google, Apple, Tesla, SCTY, etc. so I tend to ask and listen more than talk.
Loving DUST in at 72 on Friday out at 80 God Love that stock.
God loves the Fly LOL..
I thrive on, bring about I discovered exactly what I became seeking. You could have concluded our Four day time lengthy search for! God Appreciate it dude. Employ a pleasant day time. Bye