This Monday's sharp downward move may have marked the beginning of the end of this market bubble.
Look at the ridiculous jump in S&P 500 P/E ratio and other figures in the link below published 2 days ago.
www.reuters.com/arti...ubbles-idUSKCN24E13G
Market leaders like Amazon are nothing short a speculative bubble.
Earnings are not growing exponentially yet P/E is close to 150.
Tech Giant earnings out next week and day traders who continue to buy on dips may be about to face a nasty reality.
Look at the ridiculous jump in S&P 500 P/E ratio and other figures in the link below published 2 days ago.
www.reuters.com/arti...ubbles-idUSKCN24E13G
Market leaders like Amazon are nothing short a speculative bubble.
Earnings are not growing exponentially yet P/E is close to 150.
Tech Giant earnings out next week and day traders who continue to buy on dips may be about to face a nasty reality.