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Re: sharpchicity post# 52632

Tuesday, 09/06/2022 2:41:28 PM

Tuesday, September 06, 2022 2:41:28 PM

Post# of 53702
I would guess we see the PR within the next few days but I doubt it matters to the stock unless the overall stock market improves. It is really ugly right now across most stocks, but especially small companies. All the gains of July/early August are gone. VTSI continues to be a star relative to most, but even that isn’t saying much.

The worst part for me is I’m not sure why sentiment is so bad? Most companies are performing extremely well. I’ve never seen so many tiny PS, PE, EV, Ev/ebitda numbers. It’s almost as if the real estate sector is sucking up all the oxygen, leaving little enthusiasm for stocks. Even inflation is starting to ebb with the softer energy prices of late. Wash DC will be in gridlock for at least the next two years and probably six years and typically the stock market loves Wash DC gridlock. Everywhere I go I see consumers flush with cash and spending like there is no tomorrow. Yet stocks are dead.
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