Print FriendlyThere is no way this bull market doesn’t end very badly. We all know that is the reality of this liquidity-fueled market, but we keep investing for “Fear Of Missing Out.”
An excellent example of investor exuberance came recently in “Investors Go All In:”
“More importantly, over the past 5-MONTHS, more money has poured into the equity markets than in the last 12-YEARS combined.”
If that chart alone doesn’t get your “Spidey senses” tingling, I am not sure what will. However, I have a few more charts to share with you.
In the short term, fundamentals don’t matter. Such is because over a few days, weeks, or even months, what drives prices higher or lower is the psychology of investors. As such, we can look at technical deviations to determine how exuberant