Not believing this bounce May 10th
- Thread starter KGTrader4
- Start date
I agree but he didn't have the guts not to care cuz he was insecure about his credential and everybody made sure that he stayed that way. Now he's starting to be more confident and is not afraid to do what he thinks is right and it helps it just happens to be what the country needs right now.
Eventually he will go back to this...
But for the time being, he is a bloody meat-eating hawk.
Federal Reserve taking very small baby steps and hardly, raising rates when inflation is raging and the price of food, gas, etc. all going higher, we are just at the start of this bear market. It is going to get worst day by day. Sanctions on Russia hurt the US just as much although, idiots will tell you, only Russia is suffering from it. Giving Ukraine more arms, prolongs the war and makes it worst economically, for everyone. They may prolong this war another year? Then, the world economy will be in shambles and we will all be in a recession. Remember all those tens of billions the US and Europe are throwing Ukraine's way still have to be paid by US and European taxpayers. And all those monies will drive inflation thru the roof. You do not need to be a genius to figure that one out.
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Strange reaction to another terrible CPI number. I don't see why anyone would be buying the NQ. The amount of infinite P/E companies are numerous.
The industries that analysts still love like cloud software & cyber security are all trading at 50-inifinty P/E. Even Palo Alto Networks the darling of the cyber security bunch has a negative EBITDA and trades a cool $50B market cap with 10X sales. Unless deflation is coming 'round the bend this stock will drop another 50-75%. I used own Cloudflare (NET) and it is currently down 76% and still overpriced selling at 25X sales.
Ukraine war makes no sense either. Why is the US all of a sudden buddies with the comedian from Ukraine? Neoliberals never saw a war they didn't like I guess.
The industries that analysts still love like cloud software & cyber security are all trading at 50-inifinty P/E. Even Palo Alto Networks the darling of the cyber security bunch has a negative EBITDA and trades a cool $50B market cap with 10X sales. Unless deflation is coming 'round the bend this stock will drop another 50-75%. I used own Cloudflare (NET) and it is currently down 76% and still overpriced selling at 25X sales.
Ukraine war makes no sense either. Why is the US all of a sudden buddies with the comedian from Ukraine? Neoliberals never saw a war they didn't like I guess.
It is all about the monies. Think about the tens of billions in arms the US is giving Ukraine. Even the European NATO members are jumping in and getting their share. So, the US gives Ukraine, Soviet era arms to fight the Russians with. NATO countries get more advanced fighter jets, missiles, etc. courtesy of the US taxpayers. US arms manufacturers get to manufacture more howitzers, ammo, missiles, fighter jets, etc. All of it again, courtesy of US taxpayers. And the economic aid, you think US politicians are doing this without a cut of the tens of billions doled out to Ukraine? How about some campaign cash and quid pro quo? The icing on the cake? Joe Biden acts like he cares about inflation. You think all these spending on Ukraine, like $47 billion so far is not going to cause massive inflation in the US? Most of those monies will be spent in the US.