.SPX: It’s Time to be More Fearful than Greedy
@OguzO Capitalist:
We may literally be entering a bubble.Last month, retail investors bought a record $100 billion worth of stocks.Given that the market was already expensive, they likely got caught up in FOMO and poured most of this money into already overvalued stocks, further stretching valuations.At some point, smart money will inevitably start dumping some of these overextended names to take profits and de-risk their portfolios.When that happens, retail investors will panic and flee the market faster than they bought in.This will likely trigger the long-overdue correction.It’s time to be more fearful than greedy. $S&P 500(.SPX)$ Line chart titled Rolling 1m estimated Retail Demand $bn displays blue line fluctuating from negative 40 billion in 2016 rising to