Think you‘re well diversified buying the All Country World Index? It‘s now pretty much a bet on Tech and Healthcare… pic.twitter.com/Megv0oMQGz
— D.Schrottenbaum, CFA (@David_Schro) April 28, 2020
It's all U.S. tech stocks. I've seen this movie before pic.twitter.com/8cWLhLU4HX
— Win Smart, CFA (@WinfieldSmart) April 28, 2020
Forward P/E looks very expensive pic.twitter.com/Bhcw8IQfp5
— Win Smart, CFA (@WinfieldSmart) April 28, 2020
This isn't even close as to what Forward P/E's will be when #estimates are lowered further in the coming months.
Yes…this will matter, maybe not today, but it will matter. pic.twitter.com/ZrybiEsfxo— Lance Roberts (@LanceRoberts) April 28, 2020
Short term headwinds for stocks, particularly tech & healthcare:
20 day average for Healthcare & Biotech Optimism indices near *HIGHEST LEVEL EVER*
Not good for stocks in the short term
–@sentimentrader pic.twitter.com/yz6vGvkpLW
— Troy Bombardia (@bullmarketsco) April 28, 2020
Companies: We have no clue what our earnings will be.
Bulls: We don't either but let's buy stocks.— Sven Henrich (@NorthmanTrader) April 28, 2020
With the S&P 500 Index now up more than 30% from its low, the question arises if this is a bear market rally or a bull market correction. pic.twitter.com/bzd183V4I9
— jeroen blokland (@jsblokland) April 28, 2020