China mania does seem to be fading a bit today. Wonder whether this is a pullback or if the party's over? With the market at record highs, probably the former.
If the markets continue to defy gravity (a big if), maybe those juicy China stock profits will find their way into something else? Any ideas?
Doesn't seem to be many bargains out there. I'm almost always fully invested, but am currently sitting with over 30% cash.
Maybe Nasdaq low floaters will start catching fire again (they usually do at a market top). Anyone have any favorites here? CSPI, OBCI, CTIB, UFPT, and PZZI all seem somewhat undervalued based on good earnings numbers last quarter.