In general, I am incredibly skeptical of this market. However, the trend is up and needs to be respected. The stock market it incredibly overvalued at the moment by most measures. We all know what happens when we get incredibly overpriced markets. Still…The trend MUST be respected.
https://www.multpl.com/shiller-pe/table/by-month
It is just a matter of time before we get a healthy pullback and that will be the time to be greedy. I am generally sitting on the sidelines, with the exception of some day trading. I am still testing the “Hot Hand” method. Which has shown some good returns, but is in second place. One of the methods is testing better and I may end of flipping to it. I am going to keep using the Hot Hand until the end of January before I make a decision to switch
All of the metrics are currently positive and will likely continue that way in the near term.
