- A market crash will come, likely sooner than later, as this bull market isn’t based on fundamentals.
- However, it’s equally important to seize the upside as well as protect yourself from the downside.
- A cash cushion and knowledge about fundamentals is what will give you the best risk reward scenario for your portfolio.
You might find this strange: talking about a stock market crash while the Dow is above 19,000, the S&P 500 above 2,241, and the Nasdaq largely above 5,300, and revised economic growth at 3.2% all in the midst of a seemingly never-ending bull market. On top of that, 610 Nasdaq and NYSE companies are currently at their 52-week highs while only 14 are at their 52-week lows.
Nobody can know when this bull market is going to end, but it will end eventually as the fundamentals fueling it aren’t all that strong. More →