In any bull market, there are always 3 stages. First it’s ignored, then there are people getting on board as time moves on, but when enough people pick up on it, we hit a mania of parabolic non stop rising. Until of course, it comes tumbling down.
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How much higher do you think the stock markets will go? 10%? 20%? 100%? Infinite?
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I can't actually see it getting that far ahead of itself. It's already in a bubble and retail investors have never been so exposed. Other fundamentals are also not looking good for the market. Actually, the gold bull is now well under way and more and more attention will lead people to extract wealth from the stock market and move towards gold.
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Certainly could happen. At this point, anything is possible. The real economy has been dead for years so nothing makes sense anyway.
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Good post
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Thank you for watching!
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Limit your exposure - it is OK to make money on this rising stock market but do not bet your life savings on it. I prefer to play with call options, even if direction reverses the only loss is the price of the option contracts. I take profits out from stock market, redistributed to other assets.
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Good work. I personally don't trust the stock market at all.
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