When stock was under 9 PE it did nothing but to go down but when PE jumped to 12+ with recent Q loss the stock does noting but go up...it is the high PE that we love or low PE that we hate???
Can markets continue uptrend when big bank stocks are in reverse? Banks being fore front of the economy, are high valuation of the stocks justifiable? But then who cares when it comes to NFLX, TSLA, FB, SCTY world? People chase what works and rest is trash? Will Tweeter spark another rally in Internet craze???