Well fortunately, Central Banks rectified that problem...When high dividend stocks began lagging over two months ago, momentum shifted back to growth stocks, at the end of the cycle...
"Technology remains the leader. This is always a plus as it indicates the speculative sentiment is alive and well. Defensive sectors are all lagging, to varying degrees, a major plus"
Wall Street is rushing to bring IPO supply to market...
IPOScoop:
The Nasdaq Composite Index jumped 9.7 percent for the (3rd) quarter, the biggest gain among the three major U.S. stock market indexes. On the strength of the Nasdaq Composite, the IPO market surged back to life and September’s final IPO scored an opening-day moonshot...
Panic delayed, not denied...
IPO Mutual Fund
The high beta ETF is outperforming...
Semiconductors are outperforming despite the fact that they usually peak at the beginning of the cycle, not the end i.e. they are early cyclicals...
"speculative sentiment is alive and well"
Intel
Lam Research
And 500% overvalued beer stocks...
However, on Friday the top performing IPO of the past year imploded...
And the second best performer...
There've only been two other crashes from this level, so I'm sure it's nothing...
As long as no one tries to sell this will all be fine...
"I missed you dumb money"
