I have seen those lottery stories, makes you really wonder. Do you know how easy it is to collect a lottery amd stay rich forever. I know i could make every bit of those millions work in my favor.
Does anyone realize the snowball effect this has. Shutting their doors forever just doesnt end there...it follows a long path downward into every nook amd cranny of the economy.
I'm seeing more articles like this and also screenshots of people playing risky option plays along with people buying penny stocks and touting that stocks only go up. There are millions of new accounts the last year or so, especially the last 3 months, I know about 10 people who are now trading...
I don't believe any of these headlines. Yea a handful are missing payments but the prediction for 20 million renters being evicted is just not true at all.
And this is what they predict because of these missed housing payments:
Around 20 million renters could face eviction by the end of...
How come???? Ohhhhh that's right because the market is always forward looking and that only means it has to be positive when you look out 6 months 1 and 3 years. Nothing is ever negative when pricing in "future growth" on wallstreet. Its always happy happy happy days,, fresh smelling roses and...
All I keep hearing is a V shaped recovery is actually happening, so how can there possibly be "widespread economic damage"??? Even one of the fed members said last week that the unemployment rate will be at 7% by end of 2020. Historical highs every single day on the nasdaq, people going back to...
Let's come back to this article after the nasdaq breaks another 39 historical highs by the end of 2020.
Novogratz Says Stock Bubble Spurring ‘Dangerous Valuations’
Sonali Basak
July 10, 2020, 5:04 PM
https://finance.yahoo.com/news/novogratz-says-stock-bubble-spurring-210410191.html
Here, these are stocks that only go up
have to add anoter handful to that list but this should be enough to get you through next week.
https://www.elitetrader.com/et/threads/stocks-that-only-know-one-direction.346598/page-2#post-5135223
This trade will only last for so long before it collapses. At the trajectory and magnitude that these stocks are climbing, which is a COMPLETE vertical, is completely unsustainable. Eventually law of large numbers will take place and earnings will not at all justify equity prices.
This is extra billions not making it into the economy if this extension does NOT pass
Goodbye, extra $600: Unemployment benefits won’t exceed former wages in next stimulus bill, Treasury’s Mnuchin says
Published: July 10, 2020 at 12:58 p.m. ET
By
Jonathan Nicholson
556
The extra funds on...
Tesla has added an entire FORD with adding over $23 billion market cap in one day.
How anyone can think these markets are not going to collapse is beyond me. There is absolutely no possible way this is sustainable!!!
That is absolutely true but ask anyone who owns any of these high flying parabolic stocks and they would totally disagree. They only believe these stocks move in only 1 direction forever.
$220,000,000,000 in market capitalization gains in apple and amazon together this week alone.
Cant wait to see how quick these hundreds of billions in market capitalization unwinds because it always does.
This thread can relate to this one I created about stocks that only know one direction
https://www.elitetrader.com/et/threads/stocks-that-only-know-one-direction.346598/page-2#post-5135223
China told citizens to buy stocks, boosting market — ‘We have the Fed...China has its state media’
PUBLISHED MON, JUL 6 202011:27 AM EDTUPDATED MON, JUL 6 20204:48 PM EDT...