Has there been clear indications that inflation is coming down? Not quite, even though energy prices are stabilising. China's zero covid policy continues to make lots of people upset, sending jitters across supply chains and not to mention the war in Ukraine continues to wage on. Means nothing much has changed over the last few months or quarters. I don't think this is going to be a sustained rally. It's more like a shock from the defribillators to keep the heart going.
Bull markets start when market is full of uncertainty and utter pessimism. That's also where the prices of high quality stocks come at very awesome discounts. That's also when u need serious balls to get into the market to buy. After market has gone up sufficiently and everyone starts to agree that the bull market is here and confirmed, prices of quality stocks would've doubled easily from the lows. That's ironically the time everyone jumps in and buy. But, that's also where the market enters a healthy correction. Like what grandpa buffet always says... "when people are fearful, I buy... and when everyone else is buying, I get ready to buy some more when things drop"
Wall Street’s "Crystal Ball" Shatters as Stocks Stage Big Rally
There're some integrity issues here that needs to be addressed from the core of the business before anyone will be willing to put in their hard-earned money into the company. Now I really wonder how much of what they've revealed about the financial condition of the company is real, and how much is bogus. I'd stay away until things are clearer.
Super Micro Shares Tank over 33% as Ernst & Young Resigns as Its Accountant
Well, just ask bard what's the intrinsic value of Google and you'd get things like $90 to $200 depending on the models used. My opinion - google Is still trading at a discount now. I'd wait for the next 2 weeks which I'm quite certain will see quite a bit of turmoil in the market as Biden and friends start the limbo of "I wana raise debt ceiling/I don't want." Either way they're going to come to a compromise somewhere and during those times if the war of words get intense and fueled by some other big doomsday naysayers, market is Expected to get choppy. That's when I might consider adding shares Of good companies, if the price is right.
I'm very sure I'm not going to invest in this company, but I think it is still tradeable. How about I buy a far out of the money put? Coz each time something like that is reported, the stock crashes big time. I might just have a chance at winning this "lottery ticket" if I pick the right put option.
Super Micro Shares Turn Negative for 2024 After Auditor Resignation
Let's see if Nvidia can x10 by next year this time, and then x10 in another year. By then that'd mean that a $10,000 investment in Nvidia would turn into 1 million bucks in less than 3 years. Would that be possible, or would that just be my wishful thinking? Time will tell, and it pays to be hopeful.
Nvidia Just Passed Microsoft as the Most Valuable Company in the World. Is it Too Late to Invest?
This is good news, showing that the economy is doing well with unemployment low. Combined with non farm payrolls, this should be indicating that the US economy is indeed shining. But then everyone is selling crazy even before market opens. That's just proving again the famous saying "being greedy when others are fearful" right. Statement applies only to high quality stocks ie the elite of the elite.
US December Unemployment Rate 4.1% (Est 4.2%, Prior 4.2%)
When everyone panics and sells, that's the time to go in and buy, coz if u keep doing what everyone else is doing, how're u going to become richer than them? This however, applies to top quality stocks only. There's a saying, "no matter how cheap trash is, it's still trash."
Option Movers | This Palantir Put Soars 990% in One Day; Tesla Sees Bullish Sentiment