BobbySpa

IPOs - HOT HOT HOT!!

AMEX:IPO   Renaissance IPO ETF
Is it feeling frothy or what? IPO ETF at all time highs. Market is hot hot hot and nary a bear anywhere. Just not sure what to think at this point. I'm finding myself buying stocks that I never buy for FOMO. Hedged completely just in cast but wow when I see a chart like this and look a the underlying hot IPOs, 2020 has seen many of them up 50% or more. Getting awfully hot in the kitchen but this thing still may have room to run to the 39s based on impulse leg outlined.
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