New to stocks: has a stock market growth similar to the one in 2020 ever existed before?
Jan 4, 2021
18 Comments
Looking at many tech companies and their stock value curve this year, it looks like a giant tech bubble to me. But I am a noob. Glancing over historical data seems to confirm this view. Any other point in history where stock value for a sector grew so steep and remained like that for good?
comments
You should be looking at inflation-adjusted numbers for one, and log scale charts second.
All bubbles are not equal. Performance doesn’t equal bubble.
I would say Apple, ARKK, Tesla are bubbles,
Google, Facebook and amazon are undervalued
As always, bubbles burst when most folks least expect. As of now, many folks would agree that we are in a EV bubble, which is most likely why the bubble might not pop any time soon.