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09-02-2020, 08:18 PM | #6001 |
Mod Team
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Woof. Things are starting to get crazy.
Lots of "fear of missing out" talk coming from people at work, friends, message boards. Don't let FOMO have you making bad decisions. |
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09-03-2020, 11:04 AM | #6002 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
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VARSITY
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I wonder if we're in line for a big correction. It's completely "me-search" instead of research, but I've recently heard several independent bits of bad news in my personal network, to the point where I've wondered if some sort of tipping point has been reached in terms of companies holding the line on the economy.
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09-03-2020, 11:06 AM | #6003 |
I'll be back.
Join Date: Nov 2002
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Expected pullback.
Tomorrow should be a nice green day.
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09-03-2020, 11:20 AM | #6004 |
Fish are scared of me
Join Date: Nov 2001
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I wish I was loaded with cash right now ,I'd be buying shit up. BUT I don't so it's a good day not to click on your account balance and wait a week.
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09-03-2020, 03:03 PM | #6005 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Is this not the .com bubble? I mean we're not having companies with 0 revenue (except Nikola) have huge stock prices, but P:E is way out of line and there is just stupid money floating around. I haven't thought about the .com bubble because it was sooooo stupid we could never do anything like that again, right? But there are a lot of similarities. |
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09-03-2020, 04:04 PM | #6006 | |
Veteran
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Quote:
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09-03-2020, 05:11 PM | #6007 |
MVP
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09-03-2020, 05:42 PM | #6008 |
Mod Team
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09-03-2020, 07:03 PM | #6009 |
TACO SALAD
Join Date: Apr 2008
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Extended holiday weekends tend to be sell offs. It's sort of silly but it's probably been needed for tech, its been overbought for a bit. The 10y yield being around a 150 p/e is going to drive future FCF valuations a bit bonkers for high growth. A cooldown prior to elections madness makes sense.
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09-03-2020, 10:25 PM | #6010 |
Woman should only make babies
Join Date: Nov 2003
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Litecoin got wrecked
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09-04-2020, 07:12 AM | #6011 |
Roy E.
Join Date: Sep 2005
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Should I buy more Tesla/Apple now, or wait for them to drop some more?
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09-04-2020, 07:14 AM | #6012 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $130477
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Quote:
I think Amazon is a great investment especially now because I imagine sooner or later they will do a stock split and when that gets announced its going to fly 50% |
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09-04-2020, 08:53 AM | #6013 |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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09-04-2020, 09:02 AM | #6014 | |
Why so serious?
Join Date: Dec 2016
Location: Chicago
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BTW - everyone in the market had been citing an insanely large buyer of tech calls recently as really pushing this last leg of the move higher. The buyer has been unmasked:
https://www.ft.com/content/75587aa6-...4-3ff866753fa2 Quote:
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09-04-2020, 09:15 AM | #6015 |
MVP
Join Date: Oct 2017
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QQQ on sale today. This may be my option to invest more heavily in tech long term.
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