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Re: Percysixstargazer post# 3231

Tuesday, 07/15/2014 4:39:42 PM

Tuesday, July 15, 2014 4:39:42 PM

Post# of 8529
Thank Janet Yellen:

"The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged loan market."

Most small cap biotechs are trading between 30-50% below their 52-week highs. I guess she didn't get the memo.
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