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r/wallstreetbets
The Top Is In
Investor summaryBearish
The author believes the market has peaked because his non-investor father is suddenly talking about stocks, signaling extreme greed.
Bear points
- Market has likely peaked as indicated by the title.
- Extreme greed from non-investors is a classic contrarian bearish signal.
Post body
Woke up to this text this morning from my Dad. For reference he is a corporate salesman but does not know the first thing about valuing a stock. When others are greedy, especially those who dont normally talk about stocks, its time to be fearful.
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