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Post by jeffolie on Jun 14, 2015 7:45:44 GMT -6
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Post by jeffolie on Jun 14, 2015 7:50:09 GMT -6
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Post by jeffolie on Jul 3, 2015 7:11:30 GMT -6
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Post by jeffolie on Jul 3, 2015 12:19:24 GMT -6
Yale's Shiller: Public Faith in 'Overpriced' Stock Market At 15-Year Low By FJ McGuire | Thursday, 02 Jul 2015 The U.S. stock market is one of the most expensive in the world and may be prone to bubbles, Nobel Prize-winning economist Robert Shiller warned. Measuring valuations with his cyclically adjusted price-to-earnings index (which is price divided by 10-year average earnings) the Yale University professor told CNBC that his "CAPE index ... is higher than it's been, except 1929, 2000 and 2007," ominous years for the market. "The public [also] worries that the stock market is overpriced," he said. "Their confidence in the level in the market is at its lowest since 2000." He warned that bubbles can be formed "when people think it's time to get in, even though it's overpriced." However, a MarketWatch survey of stock strategists and portfolio managers found that while no one believes stocks are cheap, too much is being made of high short-term valuations. MarketWatch reported that just because stocks are pricey doesn’t mean they can’t get more expensive. It is just a matter of how much more, said Dan Greenhaus, chief strategist at BTIG. “Further, valuations are high but given the level of interest and inflation rates, one could rationalize that level,” he told MarketWatch. Read Latest Breaking News from Newsmax.com www.newsmax.com/Finance/StreetTalk/robert-shiller-stock-market-bubble-economy/2015/07/01/id/653115/#ixzz3eqzcNe63
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Post by jeffolie on Jul 6, 2015 16:24:04 GMT -6
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Post by jeffolie on Jul 7, 2015 7:26:56 GMT -6
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Post by jeffolie on Jul 11, 2015 4:22:33 GMT -6
US investors are so bearish, it's bullish The American Association of Individual Investors' net percentage of bulls minus bears was at -12% on July 2, the second-lowest level since 2013 (the lowest being -13% on June 11). But, as Lee has pointed out before, extremes in this case usually mean the opposite: "Historically, the AAII survey is a contrarian indicator with a very good track record at the extremes," Lee wrote in a note last month. "For instance, since 1987, whenever the net bulls reading is this low, stocks have seen a subsequent six-month rally 100% of the time, with an average gain of 7%." finance.yahoo.com/news/tom-lee-see-buy-signal-161839664.html
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Post by jeffolie on Jul 13, 2015 15:10:52 GMT -6
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Post by jeffolie on Jul 14, 2015 4:29:59 GMT -6
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