The stock market opened the week with a 0.5% jump, surpassing 45,000. This highlights the strength of high-tech companies in the indices, with historical highs being tested a month later than in and . The Greed and Fear Index has been showing signs of extreme greed, currently standing at 74 on Monday morning. The “Buffett indicator” for market capitalisation to has broken records set in 2008 and 2000. Despite high levels of greed, it is not necessarily a sell signal, as short squeezes can occur. The market still has room to continue rallying, with positive momentum expected after a “golden cross” signal in . Trump’s trade agreements are also easing market anxiety. Investors should be prepared for sharp upward jumps, especially with important events like the Fed’s and monthly employment data coming up.
Read more at Investing.com: Dow Jones Index Has Reached Its Top Levels, but Don’t Rush to Short It
