SMC Update 9-9-25

Tue, 09/09/2025 Tuesday, 09/09/2025 6:39 PM PDT


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daniel039209
daniel039209

SPX , NDX making new all time highs again. I think I read the SPX IS UP 90% and the NDX is up well over 100 % from late 2022.
Anyone know what makes the market STOP making new highs ??? I guess when the last buyers come in. Still not quite like 2000 year when CSCO was trading close to 190x earnings. All he real big stocks are NOWHERE close to that. Still hoping for an October sell off for a parabolic move up into March - April 2026. New highs are by definition , not bearish

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