Current State of Stock Market FOMO

Stock-Markets / Stock Market 2023 Jul 04, 2023 - 10:11 AM GMT

We have CP LIE Tuesday and then the Fed rate meeting Wednesday in advance of which retail investors and many fund managers woke up June 1st to realise that there is a bull market underway and literally PANIC bought like a herd galloping towards the edge of the AI cliff.

Barrons also FOMO 'd turning bullish at 4300!

This ARTICLE is an excerpt form my recent analysis on the current state of the stocks bull market as it FOMO'd to new highs Stock Market FOMO Maniacs Rug Pull Imminent? US House Prices Trend Current Statethat was was first made available to patrons who support my work, so for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $5 per month. https://www.patreon.com/Nadeem_Walayat.

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S&P

Targetting 4500 Mid Summer 2023.

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By Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

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