All minimal good news is bought and all bad news is ignored. Nothing is factored in or discounted like the past 100+ years. WHAT?! Who are the nutjobs or geniuses buying nasdaq at this level? I must have learned nothing in the past 20 years after witnessing the nasdaq bubble pop in 2000-2001.
You think the big boys (hedge funds, mutual funds, banks and brokers) care what you think? They can drive the stockmarket higher or lower depending on what they are trying to do. As a retail trader, you would be best served trading with the trend. If not, you will go broke soon enough.
%% LOL; I was thinking in MAY/market is overdue for a correction. BUT NasdaQQQ+ tech stocks/ETFs are known for super strong trends....................................................................................
Totally fascinating. Apple today hit 2 trillion mark, and TESLA is worth more than all other car manufacturing companies combined or very close to it. when the fall happens it will be just as epic. People now trained that market will Not go down Ever apart from very brief period.
Thats 8x annual revenue. High but not crazy high. Company is innovative so you would expect to be at the front of new technology.. ready to sell to the masses for decades.
You got that right. 20 years and counting and you still are clueless about the stockmarket. And you wonder why you keep losing monies?
Well, you are correct. Besides I just read that some animal rights group got involved in the financial markets; and successfully petitioned that PIGS should NOT be slaughtered. Bravo to that.