There is so much hype, speculation, and ignorance in the market it scares me. We are approaching a parabolic curve growth, and way over extended from the 200MA on monthly charts.
This looks a lot like a COVID/FED QE / 0% Interest High Debt Bubble waiting to pop.
History teaches the stock market does a 33% correction on average every 8 years.
We are 12 years into a huge sustained bear market...unless you count the March 2019 COVID scare.
The recovery from March to highs in September eliminates it from averages - Historically average recovery is 14 months.
Return to Baseline February 20 - June 4 on QQQ (<4 months)
*EDUCATIONAL PURPOSES ONLY - NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
This looks a lot like a COVID/FED QE / 0% Interest High Debt Bubble waiting to pop.
History teaches the stock market does a 33% correction on average every 8 years.
We are 12 years into a huge sustained bear market...unless you count the March 2019 COVID scare.
The recovery from March to highs in September eliminates it from averages - Historically average recovery is 14 months.
Return to Baseline February 20 - June 4 on QQQ (<4 months)
*EDUCATIONAL PURPOSES ONLY - NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Commentaire:
So far, it's up, up, and away.
Commentaire:
Nasdaq composite Sep-Jan 14.92% benchmark.
+5%/month takes a lot of work to beat it I'm ahead, but wow, so much work to be there.
+5%/month takes a lot of work to beat it I'm ahead, but wow, so much work to be there.