Hypselotimophobia – The Fear of High Prices

Hypselotimophobia (from the Greek, is an anxiety or extreme fear or hatred of high prices)

If you are uncomfortable buying or trading stocks that are at new highs, this is not your tape.

There are only two categories of investors who are unfazed by the deluge of new 52 week highs – the nimble and the desperate.

The nimble are in a position to act quickly should things change.  With every tick, they are tossing blades of grass into the wind to gauge direction in real-time.  If you run a machine shop or have a waiting room full of patients, this is not feasible.

The desperate are most likely professional runners of money, those without the luxury of waiting for their pitch.  They must get more stocks on the books to show that they “didn’t miss it” and they must do so regardless of the top-tick risk.  An ill-timed buy today can quickly be described as an “intermediate-term” pick to the investment committee if need be, but a swollen cash position in a vortex of up stocks cannot be explained at all.

There’s a bumper crop of gaps and breakouts, hundreds of 52 week highs daily – so why isn’t everybody happy?

Most market participants are not incredibly nimble nor are they under career pressure to buy at any price.  The drumbeat of daily new highs can be more frustrating than fun for them.

Unless you’re in the habit of buying new highs, the ascent of this market has been way less enjoyable over the last 6 weeks than the headlines would lead outsiders to believe.

If you are a a hypselotimophobe, there isn’t much for you to do at this juncture, so maybe you want to just chill out.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. software download for windows 10 commented on Aug 25

    software download for windows 10

    […]check beneath, are some totally unrelated web sites to ours, having said that, they’re most trustworthy sources that we use[…]

  2. software download for windows 10 commented on Aug 26

    software download for windows 10

    […]The facts mentioned in the post are several of the most effective out there […]

  3. Adult SEO commented on Aug 27

    Adult SEO

    […]The facts talked about inside the report are several of the top available […]

  4. Bvlgari commented on Aug 28

    Bvlgari

    […]Here is a good Blog You might Uncover Exciting that we Encourage You[…]

  5. Fendi commented on Aug 28

    Fendi

    […]always a big fan of linking to bloggers that I adore but do not get a lot of link like from[…]

  6. Chloe commented on Aug 28

    Chloe

    […]just beneath, are a lot of totally not associated websites to ours, having said that, they’re certainly worth going over[…]

  7. 1 million website visitors commented on Aug 29

    1 million website visitors

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless genuinely really worth taking a search, whoa did 1 understand about Mid East has got extra problerms as well […]

  8. cars practice passages commented on Aug 30

    cars practice passages

    […]usually posts some really intriguing stuff like this. If you’re new to this site[…]

  9. خرید vpn commented on Aug 31

    vpn ایفون

    The knowledge pointed out inside of the report are some of the most powerful obtainable.

  10. 123klussers.nl/stappenplannen commented on Aug 31

    123klussers.nl/stappenplannen

    […]please stop by the web sites we stick to, such as this 1, as it represents our picks through the web[…]

  11. how to make a penis mold commented on Sep 02

    how to make a penis mold

    […]very few internet sites that come about to be detailed below, from our point of view are undoubtedly well really worth checking out[…]

  12. travellergram commented on Sep 04

    travellergram

    […]here are some hyperlinks to web pages that we link to since we assume they may be really worth visiting[…]

  13. sex balls commented on Sep 05

    sex balls

    […]we like to honor a lot of other online web sites around the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  14. patria pascoli commented on Sep 06

    patria pascoli

    […]please check out the web pages we comply with, including this a single, as it represents our picks in the web[…]

  15. خرید vpn commented on Sep 06

    vpn ایفون

    Do you have a spam issue on this weblog I also am a blogger, and I was curious about your circumstance a lot of of us have produced some nice techniques and we are searching to trade tactics with others, why not shoot me an e-mail if interested.