Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The indiscriminate buying in the market recently has been something to behold and suggests we could soon be due a reality check. The mad monetary policy of central banks everywhere has for some time been forcing institutions into hunting down yield wherever they can find it and this has caused the equity markets and the junk bond markets to soar.
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