It seem pretty clear that everyone is anticipating a significant correct ( Downward drop )
When? That's the million dollar question.
Trumps election seems to be a broad but common assumption...In my opinion, much to obvious.
Election is still a long time away if you consider that 'V' shape has already happened due to FED pumping the market by printing cash in overdrive.
Why would they artificially pump the market past pre covid levels? Unlikely.
Airlines and banks will certainly headline as examples of the effects of huge pump and dump resulting in 'bull trap'
All I know is it will come when people least expect it.
If you discuss with your broker, many firms are positioning themselves for defensive by means of increasing cash holdings and moving to conservative models.
Have a back up plan such as cash or even BBUS/BBOZ or something similar.
AIZ Price at posting:
$1.55 Sentiment: Sell Disclosure: Not Held
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