The MSCI World Consumer Discretionary Price index has rocketed 85% since mid-March, while the The MSCI World Information Technology Price index, has soared over 75%.
Examples of high-dividend, low-volatility stocks included those in the utilities, real estate and consumer staples sectors.Investors should avoid "scarily priced" sectors of stocks, such as IT and consumer discretionary, according to MBMG Group Managing Director Paul Gambles. "There's such a narrow operating window in which those stocks can continue to go up from where they are now," Gambles said.
The MSCI World Consumer Discretionary Price index has rocketed 85% since mid-March, while the MSCI World Information Technology Price index, has soared over 75%.
keep in mind, spy only likes breaking out with tiny volume and heavy resistance it will pullback and absorb selling and then buy again slowly with little volume until it breaks out
when all else fails for SPY, pump apple green
looks like SPY is dumping already bears defending all those 370 calls that were sold
Another bubble ripe for popping.
For the stock market... Bad News is Good News for the Market. Good News is Great News for the Market and Great News is even better for the Market. 95% of the S&P are above its 200 day moving average... Next Stop 33000 for the Dow and 4200 for the S&P
come on S&P 500, get to 370 and that call wall. then dump
It is worth paying attention to the price of bitcoin, which is where the revolution is currently taking place.