FV Will Trend Exhaustion Take Down The Bulls?

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Moon Kil Woong 5 months ago Contributor's comment

No, however, steep run ups usually come to an end and moderate over time. There is good reason for the run up. Housing is flat lining so new money is going into stocks. Inflation and rates are picking up so people are moving money out of bonds. And eventually the stock market may buckle, however, it most likely will be because of global trade wars and/or meltdown by third world countries. Always keep your eyes open and don't fall for end of the world calls without a good spark to ignite a mass change in demeanor.

Last, watch earnings. This is the biggest indicator of the direction of the stock market.