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submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Honestly, the whole market feels grossly overbought right now. 🤔

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[–] [email protected] 2 points 1 year ago (1 children)

Grossly overbought? Why do you say that? The average P/E is near the long-term average, although a few stocks are bringing it up.

[–] [email protected] 1 points 1 year ago

SPY normally returns 15%ish and is up nearly that 6 months into the year. Things are overheated.