Tonight’s question: What are the most egregious signs of froth you’re seeing right now?
According to the latest Investors Intelligence Survey, bears collapsed to just 15.7 percent of those surveyed from a 23.1 reading last week, bulls are now 57%.
It’s almost too good – every day I look at my stocks at the close and on balance they’re up a uniform 1-3%. Every day more startups are getting funded and silver, gold and oil breakout even further. We all know this can’t go on forever – or can it?
And the longer the good vibes permeate through this market, the more ridiculousness we see. Now they’re running the little one-drug biotechs!
So I’m asking – what are the most worrisome signs you’re seeing that things have gotten out of hand to the upside? Lay ’em on me in the comments section below…