One last move for stock market in this bubble?

Jan 7, 2021 434 Comments

Its a bubble for sure, I think its about the time it busts.
Tesla lovers will be massacred. I see tesla down to $400 with in 6 months..

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 TOP 434 Comments
  • Google
    anfieHdk

    Go to company page Google

    anfieHdk
    There Is No Alternative. Where else are you gonna put your money? 0.50% Treasury notes?
    Jan 7, 2021 28
    • Amazon
      Neverest

      Go to company page Amazon

      Neverest
      The reason for a bubble right here. None of us greedy bastards is happy to get 0.5% on treasury bonds anymore. Even 5% today is so last century
      Jan 7, 2021
    • TI
      cacikcu

      Go to company page TI

      cacikcu
      There’s a generation growing up who don’t even stop using their phones while wiping their asses. But everyone here thinks that they will invest in gold. Interesting...
      Jan 8, 2021
  • OP
    Looking at the votes, I can understand the sentiment and can confirm my statement above.
    Jan 7, 2021 11
  • Go ahead and short it and let us know how it goes
    Jan 7, 2021 0
  • Barclays PLC / Eng
    mothepro

    Go to company page Barclays PLC Eng

    PRE
    Barclays Investment Bank
     mothepro
    We are in a bubble for sure, but I think the market will continue climbing for the following reasons:

    1. Savings accounts yield almost no gains these days. In the dot com bubble savings accounts used to give 7%+, and in the 2007 crisis you could get 4-5% with a CD. This 4-7% during those periods was risk-free and volatility free. Today no such option exists...
    2. Real estate is good depending on which market ur in. If you’re an owner in downtown areas, rent is weak and you probably are making concessions just to get tenants. The issue with Real Estate is that the barrier to entry is high.
    3. Currently there is 0% interest rates practically, and they are here to stay as long as Covid issues are here.
    4. Bond yields are also very low unless u go to a developing market and then buy junk bonds with very high yield but likely to default on payments.
    5. Gold is moving sideways but it’s had a good run this year. Bitcoin has also been doing well this past month but if u get into it, it is going to add substantial volatility to your overall portfolio.
    6. This leaves us with equities which are easiest thing to get into, and they offer a very attractive yield in a 0 interest rate environment. Equities might even be priced too low in this current economic cycle where there is no yield elsewhere.
    7. My point is that there is always going to be asset classes that work during a downturn in the economy. In the dot com bubble it was savings accounts and in the 07-08 subprime mortgage crisis it was the CDs. This time around I think equities are that asset.
    Jan 7, 2021 12
  • No one knows how high Tesla goes and where it’s bottom is. Even if it falls to $400, that would be equal to $2000 pre split which everyone felt was overvalued.
    No one knows!!!
    Jan 7, 2021 0