Once in awhile I get that feeling that "this" has happened before.
Today I got that feeling looking at the volume in DIA and FAZ.
Part of the feeling is a result of the narrative in the financial sphere that acknowledges the high valuations of stocks on a P/E basis, and acknowledges the strong U.S. dollar and the increasing likelihood of a rise in interest rates. There is the divergence between the few leaders of the market and the many losers as reflected in the A/D line. And all we can talk about is stock buybacks, and unicorns.
Unicorns.....
And I found this really interesting picture...
Do your stretching exercises,
control risk.
gh
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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh