Ep. 53 - Stocks are Overbought
The unthinkable happened.
2 short months ago, stocks recorded record outflows.
Fast forward to today, stocks are overbought.
I’ve said it before, and I’ll say it again. Rarely does the crowd get rich together.
It takes a data-driven action plan to create the courage to entertain unconventional ideas.
And the fun isn’t over yet.
My call for a blowoff top is still very much in play. As I see it, the biggest risk to portfolios near-term remains to the upside…not the down.
Uttering the words overbought conditions may ignite fears of pain ahead. But that’s incorrect.
Disclosure: This recap uses AI…
The skinny
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