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  • Day Traders Know a Bubble When They See One, and They Want In

    From bnnbloomberg.ca

    It’s a bubble, according to a survey of retail stock investors. And they don’t want to miss it. An E*Trade Financial survey found that roughly three-quarters of retail investors believe the market is “fully or somewhat” in a bubble, a 3 percentage-point increase from the previous quarterly poll. At the same time, bullish sentiment has increased, rising to pre-pandemic levels at 61%. “Optimism grew as the market hit new all-time highs, vaccines increased, stimulus measures continued, and earnings estimates are high,” said Mike Loewengart, managing director of investment strategy at the firm. The S&P 500 ... (full story)

high level brainwash. Nothing can rise without crash, its the way everything works in this world. now its probability of some kind of conflict between USA and Russia. Is it good for markets - no.
History is replete with the words of Politicians and purveyors of Financial and Economic expertise saying: "We have it under control!", "It's going to the Moon!", "There's nothing to worry about", and "We see no end in sight". Of course the end comes quickly on the heels of such statements with the majority saying: "I never saw that coming" and the rest saying they tried to warn everyone. Normality Bias is what gets you killed...
Impossible. Probably a bullsh*t to claim day trader know a bubble when they see one. If indeed so, they will not be day trader still taking risk in the market earning an income to sustain their living expense. They will instead be relaxing on some private island or super luxurious yacht in the company of beautiful models and celebrities partying all days and nights. It just similar to all those who offer get-rich-start-your-own-online-business course that supposedly taught by 'successful' online entrepreneur. If they are successful, they don't need to teach course to earn their keep. Who will want to share their get-rich secret? Do you see Warren Buffet advertise courses on how to get rich through his stuff of investing? He don't need to and there is no need to.
Quoting Yawgmouth
History is replete with the words of Politicians and purveyors of Financial and Economic expertise saying: "We have it under control!", "It's going to the Moon!", "There's nothing to worry about", and "We see no end in sight". Of course the end comes quickly on the heels of such statements with the majority saying: "I never saw that coming" and the rest saying they tried to warn everyone. Normality Bias is what gets you killed...
Modern day version is "We have a miracle cure for Cov-19 that is TOTALLY safe so just shutup and go take that jab. Its ABSOLUTELY good for you.".
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Quoting Hareii
{quote} Modern day version is "We have a miracle cure for Cov-19 that is TOTALLY safe so just shutup and go take that jab. Its ABSOLUTELY good for you.".
Are you saying the vaccines are unsafe or ineffective? If so we would all be interested in your credible sources because when this fact gets out to the general public it will definitely move the market one way or another.
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  • Story Stats
  • Posted: Apr 13, 2021 6:10am
  • Submitted by:
     Newsstand
    Category: Entertainment News
    Comments: 5  /  Views: 2,752