"Companies like LVMH have high quality businesses, they compound profits over long periods of time and deliver great returns for shareholders," said Mark Denham, head of European equities at French asset manager Carmignac.
"It is true that the ratings of these companies have risen so it becomes slightly more asymmetric, but over the long term earnings compounding is the dominant factor.”
Aside from all above the ticket ti get into this market is getting way higher than it's value therefore a drope is both likely and possible.
My own personal trade set up is shown on the chart , please feel free to share your comments .
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