Who looks at all of this and says, "yeah, everything looks fine, lets keep my money in stocks that have never made a penny". Apparently these people still exist
The tech sector has been completely annihilated this year.
I think i heard there are over 200 companies on the nasdaq with summed lifetime net earnings of 0.
Shiller pe at 26.5. Buffet indicator elevated. Vix is at cycle highs around 30.
None of that indicates capitulation
Who looks at all of this and says, "yeah, everything looks fine, lets keep my money in stocks that have never made a penny". Apparently these people still exist