Q.E. & MAGNIFICENT SEVEN- WHY I WENT SHORT NASDAQ TODAY

Dec 21, 2023

∙ Paid

The stock market broke from all-time-highs today and I went short (small) the NASDAQ @ 16,850

Here are my reasons:

1. WE ARE IN A STOCK MARKET BUBBLE! A critical (to me) measurement of whether the stock market is overpriced is the price-to-book value. Today the market (S&P) is over 6-to-one (see Barrons Weekly) which I believe is the historically ALL…

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