WEBCAST "This is the important slide on Cannabis. Prospects for legalization are huge. WV, PA, NY, CT, NJ, all of those are probably going solid green. Fed legalization is the Trojan Horse. Layer on an election Blue Wave & these stocks fly." Free access:
Great chart from @michaelbatnick . As much as parallels are being drawn of the huge growth of tech stocks lately - and that it's akin to the late 1990s - the recent run is still not even CLOSE to the late 1990s... "Not Crazy Can Still Be Nuts"
Technology stocks have driven a huge part of American stock market growth. But many investors are starting to make comparisons with the dotcom bubble of the late 1990s and asking how long these sky-high valuations can continue to hold sway
Falling bond yields have led to valuation expansion (you're willing to pay more for stocks when rates are low), which has been a huge contributor to equity returns since the GFC.
Friday will certainly be interesting. For one thing it’s a Friday right after a huge sell-off. But also, if you were bullish stocks two days ago and you still believe in a quick recovery, are you now a buyer of stocks? If not, what does that say about how bullish you were?
Look at these INSANE intraday charts of $IMRN $LTRPB $DUO & realize that we are in the middle of the BEST market for traders in years, many penny stocks are spiking huge too, get in my chat & let's trade $NAKD $SQBG $XELA $CRIS $DGLY $CIDM $GNUS $ENT $SOLO
All stocks are worthless pieces of paper unless someone else is willing to buy. Like a painting, there in little intrinsic value; just perceived value. All stocks are risky regardless of "quality " and ALL stocks eventually blow up and suffer huge losses. #factoflife
Don’t envy the US market recovery! The marketcap of top 5 names in S&P 500 is now EQUAL to total marketcap of the bottom 360! 42% of stocks are in a bear market. Huge move in top 5 US stocks has also meant that the US is now 60% of the globe. @_prashantnair takes a deeper look
Joe Biden hits stock buybacks - I've been warning for a couple of years this is going to be a huge issue for tone deaf companies that are firing workers, losing money and moving jobs overseas but buying back stocks.
Climate chaos is a HUGE risk to our economy and to investors. But right now, federal workers saving for retirement have NO option to divest from fossil fuel stocks. We need to change that. & I are pushing to investigate these risks.
At a time of huge income and wealth inequality, Americans should be outraged that profitable corporations are laying off workers while spending billions of dollars to boost their stock’s value to further enrich the wealthy few.
At a time of huge income and wealth inequality, Americans should be outraged that profitable corporations are laying off workers while spending billions to boost their stock’s value to further enrich the wealthy few. My op-ed with :