I've noticed a lot of garbage stocks rising lately (for example BB, FCEL, etc), so I figured I'd check up on Cathy's collection of garbage stocks. Appears we're at about the halfway point.
Remember the Fed still has a $6.6T balance sheet, and now they're talking about cutting rates. In reality that's the last thing they should be doing, otherwise we get yet another bubble and more inflation.
Cathy's the best at collecting garbage stocks, so might as well go for a ride on the bubble. Just make sure to know when to get off the ride. Her biggest issue is that she can't hold cash.
Remember the Fed still has a $6.6T balance sheet, and now they're talking about cutting rates. In reality that's the last thing they should be doing, otherwise we get yet another bubble and more inflation.
Cathy's the best at collecting garbage stocks, so might as well go for a ride on the bubble. Just make sure to know when to get off the ride. Her biggest issue is that she can't hold cash.
Note
In other words, this market bubble will get bigger, Europe (FDAX in particular) is about the break out and Japan is pumping like crazy. I think the bubble extends until at least end of January (Fed meeting).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.