It truly amazes me that people eat stock splits up. They did the same thing back during the dot com bubble. Stocks would announce a split and rally 30 50 100 and of course it doesn't add value to anything. Meaning everything remains the same...shares split and you are still holding the same value of stock as you did before. Now today what we have what we didn't have 2y yrs ago is fractional shares. Aside from that less companies these days split their stocks. There are hundreds of stocks trading above 100 200 and now a days these companies probably think its cooler to keep their 400 500 600 1200 stock prices.. Look atbreak, stock is at historical highs above 600k, will probably be a million a share in 2 yrs!
You really think that could happen? That's what's so different about this market. Even the drops like Tuesday are totally fake. Everything is just eaten up instantly. No one bats an eye and the thing V's and heads even higher.
You don't think it can until it does and trust me it will come and be very painful .... It always does. Maybe not now or next yr but it will come. And you'll be wondering why you didn't sell... Happened to me yrs ago. I bought around a a week or 2 before the market topped....then a few yrs ago with my retirement fund I kept making free money and I thought if this keeps up ill be able to retire yrs early, well that ended some months later......here we are again. And my retirement fund is printing money everyday. I just can't see it at this trajectory, if so once again I'll be retiring yrs early...
This guy doesn't believe in a forever bull market The epic stock rally will end badly, the AI bubble will burst, and the economy will sink, warns elite investor Jeremy Grantham Theron Mohamed Feb 15, 2024, 8:39 AM EST https://markets.businessinsider.com...look-ai-bubble-crash-recession-economy-2024-2
haha that guy is a clown and that business insider has to be a joke of a publication. Nonstop doom and gloom that will never happen. And if not this year or next year then 2026? and QQQ already at that point will be at 600-700.
Grantham is the most amazingly bearish investor I have seen. His picture is in the dictionary under Permabear. He's pretty much been bearish since 2000.
Smci is trading at 1039 tonight. ..I can almost guarantee an open at 1050 plus by early morning and then just a straight line up to 1100!!!!!!..people paying 1000 expect 1100 and 1200 people paying 1100 expect 1200 1400 people paying 1200 expect 1400 and 1500 and the cycle continues until the top fool buys it thinking its going to keep on rising only to see it finally peak and collapse. ....
Qqq at 600-700. Let me guess the magnificent 7 and other high tech flying stocks are going to have to keep their magical momentum going... If I had to take a guess. Qqq at 700. .trading at 434. You are saying absolutely no pull back just a straight line up! Combined market cap of the magnificent 7 are just about 13 trillion today If you think qqq at 700 then the Combined market cap of these companies at qqq 700 would be north off 25 trillion which means these companies would be worth over 90% of the US gdp Imagine the law of large numbers then. Every earnings quarter after quarter after quarter would have to be literally off the charts to keep investors piling in day after day after day
Just as I thought $1050!!! Now by mid day smci should start to see 1075-1100. ...nothing but free money. At the rate it's moving at 100-200 bucks a week stock will be above 5000 soon and 10,000 by Christmas. Talk about a stock that literally just hands you free money every single day....the most amazing market I have ever witnessed in my life.