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stock market still surging

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stock market still surging Empty stock market still surging

Post by truthbetold Sun Jul 20, 2014 9:08 pm

Market roared on friday.  My risky bets were getting killed for a while but recovered smartly on friday.  volatility is low yet this seems a risky market.  most experts are talking about a correction. 

Small cap are too highly over valued. 
Summer doldrums.
No correction of more than 10% for more than 48 months (i really do not know the exact number of months and exact %).
Tesla, social networks, bio techs, etc are overvalued and in bubble territory. 

World politics is murky. 
Ukraine messy fight and MH-17.
Gaza war
Iranian nuclear talks
On going Syria
Any thing can happen nigeria 

But US second qtr gdp is expected to be good.  tech gaints seem to be dong well (goog and INTC), Mega mergers and new proposals. 

Somehow US market seems to be positively inclined.  But for how long?

truthbetold

Posts : 6799
Join date : 2011-06-07

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