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QQQM - Technically Speaking: Investors Go 'All-In' Without A Net
Invesco NASDAQ 100 ETF
We have recently written a couple of posts about the "exuberance" that has invaded the market since the election.
Such is often seen near short- to intermediate-term peaks in markets as investors go "all-in" without a net.
The markets are indeed currently exceedingly exuberant on many fronts. With margin debt back near peaks, stock prices at all-time highs, and "junk bond yields" near record lows, the bullish media continues to suggest there is no reason for concern.