An ‘enormous’ stock-market bubble has already popped, says David Einhorn

Strange sentence, having trouble understanding the context of it.
Sept 2nd was the top, that's straight foward enough to understand.
But it can't have 'already' popped on 2nd Sept.
With hindsight it can be said to have likely popped after the top.

But really, it's still too early to call it popped or a rout or bear market.
Mr. Market is as strong as an ox, very easy to underestimate, Einhorn might think he can smell blood but it may end up it's his own.

 

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He needs a female editor;
most likely he meant sept 2 was one of many tops in an uptrending bull market.
Personal- I believe in bear markets+ bull markets; but calling a whole market a bubble?? HUH, that sounds anti-caspitalist + as if any stock market goes to zero or is worthless as a bubble=nonsense.
I think he did do well on GM dividends.OCT was a bit weak; but SDOW+ dxd, SPXS did well some...……………………………...………………………………………….

 

Like a broken clock he has to be right sometimes.

 

Yes, that's a good point. Calling the market a "bubble" or even just the Nasdaq or Tech stocks a "bubble to burst" implies it obliterates for maybe many years.
I doubt it very much.
Ya, a few stocks here and there may collapse but not the whole market.
Tesla, Amazon, Microsoft, Apple etc may see a nasty correction but evaporate??? Highly unlikely.
If anthing, shortly we may see a new technology theme burst on the scene - Robot machines and robotic software and IA (artificial intelligence) listings so the beginning once again of a new wave.
As well, Fintech stocks I doubt will implode, maybe GS will which is not altogether a bad thing imo hehe

 

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4th quarter tech stocks/tech ETFs tend to do super strong; but SDOW, DXD, SPXS...…... finished up/ OCT/good for the bears...……………………………………………………………...…………….

 

Some tech stocks are cursed for a corrction as advertisement prices have likely peaked pre corona. The ad display auctions were a bubble in itself. Therefore FB and Google at least might lose some of their gains very soon.

 

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True;
some tech ETFs did go down a few cents today..........................................

 

Seriously ad auctions were a bubble that is currently deflating. No need for sarcasm just eyeball ER for these firms next time.

 

What is ER?

 

Earnings report