Uber will also be added to the index.
Daaaayyyyuuuuuuuuumm!
Does it really feel like a bubble ?? Where's the flood of IPO's ?
Bubble or not doesn't matter. It will never end. You can call at the infinity bubble if you want. This thing is more unstoppable than anyone understands.No way there is a real bubble without worthless stocks going public and puking within 6 months. SPACs were a 2020-2021 phenomenon. Reddit is going public soon so we'll know what stage the bubble is in. Reddit shooting to the moon a la WSB style means the bubble is just beginning.
Another lazy analysis by Barchart. Using 7 stocks as a gauge for the whole market? It completely ignores the meteoric rise of LLY, NVO and all the home building stocks.
Uber will also be added to the index.
Daaaayyyyuuuuuuuuumm!