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valuemind

01/22/24 5:54 AM

#110076 RE: wadegarret #110074

US stocks rose significantly even during the interest rate rising year 2023. How could she fall during the interest rate falling year 2024. Besides, 2024 is the year of president election! There are so many undervalued high growth stocks right now. Unfortunately I do not have spare cash to buy.
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nelson1234

01/22/24 6:18 AM

#110077 RE: wadegarret #110074

Ed Yardeni thinks there is a 20% chance of a 'melt-up' let by tech stocks, sending the indices far higher"
Ed Yardeni: “.. a new scenario that we haven't discussed before”: We see a 20% probability of “a meltup in the stock market with technology stocks leading .. The forward P/E of the $SPX Info Tech sector is currently 26 .. it rose near 50.0 in 2000, so has room to soar .. in this scenario ..”https://pbs.twimg.com/media/GEZ6tDdWkAEqFwN?format=jpg&name=medium