Well, it is not a great time to buy.
The market goes up on seemingly any news, positive or negative. And usually when the market runs up in advance of a number being released, it sells off on the news. Recently, we have seen it continue rising.
At some point we will have a 15%-20% correction.
I do not see where they include the Fed actions on this “rattling” of the market? Keep in mind they have been doing the draw down now for several months.
The over-inflated market is overdue for a correction. This time the correction is not based on any of the normal market activities, but on statist and elitist flights of fanciful fantasy compliments of the Fed.
Buying on margin makes no sense to me. The ones who benefit are the brokers who get commissions and have nothing to lose when playing with other people’s money. Many people have no idea their brokers are using borrowed money to invest. Make sure your brokers aren’t doing this. There are a lot of law suits out there.
for later perusal