I am shocked, shocked I tells ya, how billionaires can be bearish at the bottom and on the way up from the bottom. The "but, but the billionaires are bearish" crowd grow moar upset with each passing green day, green week and soon to be green month, green year all the way to the top.
S$p up nearly 7% from its Thursday lows, that's only 2 trading days later...they want 3000 so bad on the s$p, they will probably grab it this week, then it would be a sell!...
Unloaded more longs here that I took out last week. Waiting for s$p 3000 to get rid of the rest and add more short etfs. Have my retirement fund to take care of the big runs up in the market...again market is more expensive than February when markets were at historical highs.
Amazon has added over $70 billion in market cap in 5 trading days so its time to play how much amazon would be worth staying at this trajectory. So let's see, they would add close to $2 trillion in market cap. As you can see this is quite an impossible feat. Nasdaq being pushed higher by the same very heavy weighted stocks with of course the biggest market caps in history.
Ha, it was up to historical highs and as soon as I wrote that message it went straight down My point is that there is no way Amazon can continue to add the amount of market cap its been adding, the company would be valued at over $3 trillion by end of this year....what warrants a $3 trillioj market cap for Amazon? And when can you say that Amazon is a fully valued stock?