Just posting this because these headlines mean there is another 38 year bull market remaining and thousands and thousands of percent returns on every and each individual stock for the next 3 plus decades. The stock market is poised for a 40% drop, warns economist who says the current climate feels a lot like 1929 Published: July 6, 2020 at 8:55 p.m. ET https://www.marketwatch.com/story/t...els-a-lot-like-1929-2020-07-06?&mod=home-page
Everyday they release news of surging virus cases the nasdaq goes to historical highs Ferocious US surge adds 1 million new coronavirus cases in 28 days to hit 3 million By Madeline Holcombe and Holly Yan, CNN Updated 2:27 PM ET, Wed July 8, 2020 https://www.cnn.com/2020/07/08/health/us-coronavirus-wednesday/index.html
Apple ,msft,Amzn and Goog would now be the 2 Nd biggest mkt cap mkt in world. Their bigger than Japan and almost twice the size of China . Talk about monopoly . Wow
Amazon has added a A QUARTER OF A TRILLION DOLLARS in market capitalization the last 4 weeks!!!!! Let that sink in A QUARTER OF A TRILLION DOLLARS
Not one analyst is saying 1 word of caution . Matter of face their fanning the flames and telling all buy buy buy . If these analysts are so good were were they 6 months ago . Why didn't they have $3500 targets ? There all the same . They get paid $1 mil a yr to tell us were somethings already been and just raise the rats after the fact. If these co's are this powerful and worth near $2 tril each then their monopolies and must be broken up . Nobody can compete against them . Amazon will soon destroy fed ex and ups , they will destroy grocery stores at some pt , they've decimated retailers . As i type amazon's almost at $3100 after hrs .Apple $382. 5% growth and 30 p/e .This bubble puts 1999 to shame . csco was trading at 80 p/e with 40% growth . Amazon 140 p/e with 20% growth .