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Listen to the wise advise from Fly-Sig. An example of a hyped IPO, Lucid Group, LCID. | |||
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| Lawyers, Guns and Money  |
10 Reasons You Shouldn't Ignore This Week's Sharp Reversal And Selloff https://www.zerohedge.com/mark...reversal-and-selloff This Still Isn't Panic Fear is spreading across macro, tech, and emerging markets. The uncomfortable part is that this still feels like orderly de-risking rather than outright panic. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| If you see me running try to keep up  |
Good article chellim1, thanks for posting. I’m waiting to see how SpaceX ipo goes. | |||
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| Lawyers, Guns and Money |
There's Much Riding On Earnings As Stock Valuations Hit Record High The US stock market has hit a new all-time high valuation. That leaves a lot of room for downside if earnings expectations do not live up to the hype...  https://www.zerohedge.com/mark...ions-hit-record-high "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| Internet Guru |
Earnings are the reason for the high valuations. | |||
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| Lawyers, Guns and Money |
The companies rising the fastest have no earnings:  "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| Internet Guru |
That's just a sign of an overbought and predictive market. | |||
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| No More Mr. Nice Guy |
It's a thin market right now, with the indices being driven by a small number of high flyers. It isn't necessarily a prediction of doom, but it shows a lot of speculation, aka wishful thinking. | |||
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