Friday, September 12, 2014 7:08:04 PM
We have normal, level corporate profits. Because, they made do w less labor costs as a result of the 2008 blood letting in the labor market, and.... Because interest rates are artificially low. And as far as the rise in equities prices , thank the fed, and the QE policies.
But, as far as " overpriced " equity prices, looking at RSI , fast / slow Stochastics , and ADX.... This period, right now is a much longer stay in "no mans land", so far anyways.
Congrats on the stock picking , that is impressive.
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