Boiler Room: The Official Stock Market Discussion

Saysumthinfunnymike

Saysumthinfunnymike

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49ers..Braves..Celtics
Nautica said:
You're using pre-covid figures as reasoning for current pandemic valuations. Mind-boggling, especially when most companies declined to issue guidance. Earnings were priced so that every company could knock it out of the park since the pandemic skewed figures. There has been no growth, just like there's been little to none since 2018.

Things aren't 5% better than they were in February, we have no business being where we are right now, let alone August's high. We had no business being at 9800 if we're all the way 100. Which is why we will fall further.
Click to expand...

I completely disagree. If you don't think the big companies like Netflix and Amazon are bigger now than they were before then you cannot be helped. They are bigger than they have ever been and the earnings are showing that. They were pandemic proof and then some.

I'm not disagreeing that the QQQ can fall some more but there are already analysts that are telling their clients that now wouldn't be a bad time to start getting back into tech. You can wait longer sure but nobody will time the bottom exactly anyway.

The market has been dependent on tech because it's the sector that can be relied on through whatever storms are thrown our way.

Value is a fine play.. a long play.. but some of those companies aren't coming back. Hey, I don't give a shyt what you do with your money anyway. I'm way up, I got money on the sidelines, SPACs held up and in some cases took off over the past couple weeks, there are always ways to make money. You can be a bear if you want to. lol
 
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Serious

Serious

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1st Round Playoff Exits
PACB moving in pm :ehh:

:yeshrug:


Just looked they’re in the 4th spot now for ARKG :wow:

Remember whales don’t do a massive buy at once, they gradually build positions over time me so that they don’t attract attention. ARK is clearly heavy on them.
 
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