ATH could mean that we have an analogy with 2012 and potentially a RSI neg div.
If the correlation with TIF keeps on goin we could see prolly something similar for both.
No doubt that we are still in QE-land as the market continues to rip higher, but a stock with a 1.79 beta could be seen quite aggressive even for the team of gurus fighting Ackman. The same Icahn has warned that the stock market could face a 'big drop', but prolly that was a relative statement.
Might be nice to wait and see if that's the scenario.
If the correlation with TIF keeps on goin we could see prolly something similar for both.
No doubt that we are still in QE-land as the market continues to rip higher, but a stock with a 1.79 beta could be seen quite aggressive even for the team of gurus fighting Ackman. The same Icahn has warned that the stock market could face a 'big drop', but prolly that was a relative statement.
Might be nice to wait and see if that's the scenario.
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