Under the definition of Irrational Exuberance should be this chart of the Nasdaq....

Over-valued, horrible reward to risk, banks are swimming in cash, FED is NOT buying stocks.... 

$QQQ $MSFT $AAPL $CSCO $ORCL $AMZN $NFLX $FB $SQQQ $TSLA $TQQQ https://t.co/9be6y51bkb