Tonight’s Question: The Most Egregious Signs of Froth
- Joshua M Brown
- April 6th, 2011
Tonight's question: What are the most egregious signs of froth you're seeing right now?
According to the latest Investors Intelligence Survey, bears collapsed to just 15.7 percent of those surveyed from a 23.1 reading last week, bulls are now 57%.
It's almost too good - every day I look at my stocks at the close and on balance they're up a uniform 1-3%. Every day more startups are getting funded and silver, gold and oil breakout even further. We all know this can't go on forever - or can it?
And the longer the good vibes permeate through this market, the more ridiculousness we see. Now they're running the little one-drug biotechs!
So I'm asking - what are the most worrisome signs you're seeing that things have gotten out of hand to the upside? Lay 'em on me in the comments section below...
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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