Caution: It's Earnings Season, And The Market Has Very High Expectations

• click to rate

  Posted by Two Blokes Jul 14 - Filed in General - #TwoBlokesTrading  - 2 views
  
  Market expectations are extremely high, as shown by lofty forward P/E ratios; stocks are priced for earnings to exceed already ambitious forecasts. I strongly advise against aggressive buying at current highs—trim expensive positions, keep cash on hand, and avoid margin to manage risk.