What I can say is just to trade SpaceX tactically. Like FB and AMZN IPO at that time, SpaceX may thank by going down 40% before reverting up. Shall watch and stay invested. Trade wisely.
SpaceX Is Vastly More Expensive Than Any Stock in the S&P 500, Fueled by "FOMO" Mentality
Billions of dollars have flowed into SpaceX ETFs as retail investors look past conventional valuations.
$Tesla Motors(TSLA)$ sometimes, we aak why Elon is asking for soooo much money, but if he can fulfill the targeted achievement why not! Will you support this pay package? In the long run, TSLA stock price will continue tonscalhigher. Just be patient.
Think it is good to keep a light position and trade. One is to see if there is more potential depper correction but who knows?!
Retail Investors Aren't Scared Of The Stock Market. That Will Only Make The Selloff Worse
Regular investors have been 'buying the dip' aggressively. Remember: Be fearful when others are greedy.Individual investors' eagerness to "buy the dip" suggests that the stock market is close to a significant top.This bodes ill for the stock market because widespread "buying the dip" behavior among retail investors is a hallmark of market tops, just as reluctance to buy the dip typically occurs near market bottoms.According to contrarian analysts, a market bottom will be close when retail investors engage in just the opposite behavior than "buying the dip." To put that another way, a bottom will be imminent when investors eagerly use the occasion of every rise in the market to reduce their stock exposure.Such fearful investor behavior isn't apparent nowadays. It becomes even more remote with each successive dip in which investors are rewarded for buying. Their