Sometimes maybe you just get "a feeling" about things. In the market, it seems that most stocks are just floating about with no clear winners. Even the pundits come out with their pumps on the flashy or trendy stocks like in artificial intelligence (AI) software. These pumps can cause the stock to surge a week, but then when you start looking at their financials and the reality of management and high costs and losing in earnings, eps, it points out glaring hyped up prices. And true to nature of a fickle market, the hyped AI stocks correct as traders sell.
After every post here there is note about watching how things work out to our prognostications. There are many factors that can waylay outlook. One important point about trying to look a few months ahead is that we do not get arrogant by putting "too much" on our projections, predictions and hope. We always say "some" on any one stock and not "too much".
There is one factor that can affect any bullish prediction - Short sellers. The other is insider greed to take more than the company's results warrant. That goes for any stock.
I will likely post more on the above later. For now, looking at the overall market, world events, the fed's calling - it seems time to become more circumspect. The words "some" not "too much" still resonates here and if "too much" , it may be time to adjust.
Stay tuned for more opining on the market and stocks to watch.
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