Dot com bubble 2.0 in 2022? Place your bets here fellas.
Dot com bubble 2.0 in 2022? Place your bets here fellas.
Do you mean Dot com crash 2.0?
Dot com crash 1.0 took 2.5 years to play out, (March 2000 to October 2002)
We could easily see Nasdaq 10,000 this year, but not sure if we will see Nasdaq go as low as 5000, but cant rule it out happening sometime over the next couple of years if the action is similar to 2000, 2001 and 2002
yeah dot com crash 2.0....jan. 2022 looks like the beginning of it. whether it will continue to go down or go back up....only times will tell. so place your bets here.
I don't see much similarity at all other then lower tier IT companies which have already dropped a ton in many cases. One key difference is the top IT companies are making gobs of money the revenue hopes of the late 1990s re the internet are now real earnings being dominated by top tier IT. Current weakness isn't just IT it's any company with little or no earnings that rose on momentum and growth. Includes speculative small caps ( started correcting spring 2021 ) and businesses whose earnings were disrupted by supply chain issues ( eg auto parts ).
wasn’t the dot cot crash 1.0 in 2000 like that? Tech companies with little or no earning crash and gone like the wind? I see similarities here i.e. : shop, twlo, net, pypl, docu, zm, roku, tdoc, etc.
I could get into the actual dynamics of what happened, but basically if you want to believe these are similar situations feel free. I'd note right away several companies on your list are profitable.
I could get into the actual dynamics of what happened, but basically if you want to believe these are similar situations feel free. I'd note right away several companies on your list are profitable.