NZSX50 - Good News!

[couta1]

It is a bit of a worry when the success of the market is all over the news. Sure sign it overpriced and toppy

It's only a handful of stocks like A2 and Xro that are making it look toppy IMO. There are still quite a few stocks that are on a reasonable PE whose prices haven't increased much over the last year .

[bull....]

It's only a handful of stocks like A2 and Xro that are making it look toppy IMO. There are still quite a few stocks that are on a reasonable PE whose prices haven't increased much over the last year .

yea agree, plenty of under performing stocks around that still make good money but havent performed relative to the market

[value_investor]

8100 and climbing?!

As crazy as it sounds it could be higher right now than it is. Its being propped up at the moment by the performance of the likes of ATM and AIR but others that have high weighing haven't had stellar runs this year. AIA and FBU have been below average the past 12 months while shares like RYM and SPK have under performed to perhaps where they should have.

No end in sight to the bull market, the interesting thing will be if the earnings results will keep up with forward PE's in 2018..

[bull....]

8100 and climbing?!

As crazy as it sounds it could be higher right now than it is. Its being propped up at the moment by the performance of the likes of ATM and AIR but others that have high weighing haven't had stellar runs this year. AIA and FBU have been below average the past 12 months while shares like RYM and SPK have under performed to perhaps where they should have.

No end in sight to the bull market, the interesting thing will be if the earnings results will keep up with forward PE's in 2018..

reached the 8100 target agree it was reached because of a few stocks out performing , see what happens now , i see s$P500 is consolidating in the target range mentioned on the black monday thread but still looks very bullish and i was reading the other day most strategist and fund managers are underperforming indexs as most didnt believe it would be this high so that could lead to a very bullish 4th quarter?.

[Valuegrowth]

It is time go behind overlooked value stocks. Most stocks are topping up. Market may hit even 8200 but there is a risk of falling currently high riding stocks sooner than later. When that happens index also will fall.I am bearish on on extended stocks but still I have faith on great value stocks and attractive defensive stocks.

[bull....]

looks like a its short termed topped out around our 8100 target that was reached, have to wait see what happens from here

[bull....]

didnt rest long at 8100, but i guess that was no surprise really still looks pretty cheap in relation to the outlook for interest rates

hoping for another 20% next year

[Valuegrowth]

It may drop below 7000 by the end of 2018.

https://www.msn.com/en-us/finance/news/wise-investors-are-already-planning-for-the-next-bear-market/ar-BBHqvbu

Wise Investors Are Already Planning for the Next Bear Market

[bull....]

So much for the excitement of last year contining this year so far , the double top at 8400 holds so far and most metrics look negative technically at this time , throw in the fundamantals of possibly higher bond rates and inflation and us money withdrawl and it could make for a grind down going forward. who knows guess we will follow the whim of wall st at the end of the day.

[bull....]

wall st hammer time , wonder if nzx will be hammered today as well .... not that good a report season so far