Those days are gone, you simply can not fight the FOMC with its never ending cash. Discount prices are also gone. Its hold your nose and pay up, or stand aside.
Yep dip was bought, same thing over and over and over. Welcome to the land of perfect, where everyone is a stock market millionaire.
These are probably the Janus funds of this soon to be bubble era. (ARKG doesn't own TSLA shares - ignore that). I'm guessing the SPAC's are the CMGI of this era too??
TSLA only up 700% this year. https://www.marketwatch.com/story/h...en-figure-windfalls-11608825106?mod=home-page
SammyJ dropping wisdom bombs left and right. Been around this stuff for 25 years, as quite a few others on here have as well. Yes, there was a time that reckless buyers got punished without mercy, but as Rickshaw and others have alluded, it's very, very temporary in these new world markets. You can still get annihilated picking an unfavored sector, but so long as you stick to many of these herd stocks, the favored indicies, etc. it's basically a given that you come out ahead. Sentiment be damned...