It doesn seem to matter does it? Everytime there is bad news, the market shrugs it off in 24 hours. The amount of stocks making yearly new highs on the ASX is similar to the level in 2020 bull rally. Market clearly seems to think its a bull environment no matter what. Bad time to be shorting (still) imo.
Take a look at this lot.of yearly new highs. Some ridiculous valuations there. Just hop on and ride the gravy train for now though.. Stop and re think when NDX futures hit 21000.
But as the crew here know , a humungous short of a lifetime is coming up when the plebs fially stop believing the hype and the biggest bubble in history deflates.. Meanwhile.....
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