this post was submitted on 14 Jun 2023
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Finance

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Honestly, the whole market feels grossly overbought right now. ๐Ÿค”

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[โ€“] CodingAndCoffee@lemmy.world 1 points 1 year ago (1 children)

SPY normally returns 15%ish and is up nearly that 6 months into the year. Things are overheated.

[โ€“] Woozy@lemmy.fmhy.ml 1 points 1 year ago

SPY is still down since Jan 2022. It'll have to surpass that (and be rising quickly) before it feels too hot for me.