Hypselotimophobia – The Fear of High Prices

Posted by

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. mp3 songs commented on Feb 12

    mp3 songs

    […]that would be the finish of this post. Right here you’ll find some web sites that we believe you will value, just click the links over[…]

  2. طلا و جواهر commented on Feb 13

    خرید طلا

    I do not know if it’s just me or if perhaps absolutely everyone else encountering troubles with your site. It seems as if some of the written textual content inside of your posts are operating off the monitor. Can any person else you should comment and…

  3. Global Geeks commented on Feb 13

    Global Geeks

    […]Here is a great Weblog You may Discover Exciting that we Encourage You[…]

  4. خرید گوگل ادوردز commented on Feb 14

    تبلیغ در گوگل ادوردز

    Hey! I know this is fairly off subject but I was pondering if you understood in which I could get a captcha plugin for my remark kind? I’m making use of the same weblog platform as yours and I’m getting problems finding one particular? Thanks a good de…

  6. خرید طلا commented on Feb 14

    خرید طلا

    Great tale, reckoned we could mix a number of unrelated info, nevertheless truly truly really worth using a research, whoa did a single specific learn about Mid East has received a good deal a lot more problerms also

  7. خرید فیلتر شکن commented on Feb 15

    vpn ایفون

    Howdy there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m striving to get my weblog to rank for some qualified search phrases but I’m not seeing extremely good results. If you know of any please share. Enjoy it!

  8. work and travel programs for americans commented on Feb 15

    work and travel programs for americans

    […]very few websites that happen to be in depth beneath, from our point of view are undoubtedly properly really worth checking out[…]

  9. 100 kona coffee commented on Feb 16

    100 kona coffee

    […]Sites of interest we’ve a link to[…]

  10. قالب جوملا commented on Feb 16

    جوملا

    Thanks for yet another educational net internet site. The spot else could I get that sort of information created in such an ideal approach?I have a enterprise that I’m just now running on, and I have been at the seem outfor these kinds of data.

  11. gratis inserate commented on Feb 16

    gratis inserate

    […]Every when inside a whilst we choose blogs that we study. Listed below are the latest web sites that we opt for […]

  12. خرید vpn commented on Feb 16

    vpn ایفون

    I know this if off subject but I’m looking into starting up my possess weblog and was curious what all is needed to get set up? I’m assuming having a website like yours would price a quite penny? I’m not very web savvy so I’m not one hundred% specific.…

  13. p spot commented on Feb 16

    p spot

    […]one of our visitors just lately recommended the following website[…]

  14. nipple erector set commented on Feb 16

    nipple erector set

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

  15. سیستم cctv commented on Feb 17

    سیستم حفاظتی

    I do not know if it is just me or if maybe absolutely everyone else encountering problems with your internet site. It seems as if some of the written textual content inside your posts are working off the monitor. Can somebody else please remark and all…

HowIInvestMyMoney