|Wall Street Model||
Earnings Estimate Trend: Remains BEARISH
Valuation: Could be worse, but not much. Still BEARISH
Declining bullish enthusiasm: No evidence of that. A new indicator that is BULLISH
Sentiment: Remains NEUTRAL
Current Stock Exposure: I view the current market as a mania where valuation doesn't matter. My stocks are doing great but I'm being hurt by my attempt to time the market. Rather than hedge, I am currently going to a 50% cash position and will stay there as long as valuation is terrible. I may not fully participate in the mania but I should at least benefit somewhat as long as it goes on.
With my wife on Aruba