2024 Trading Thread
05-31-2024
, 05:32 AM
A couple of other stocks getting pounded after hours.
Dell down 16% Mongo DB down 25%.
Cyber Security has been rolling over for a while.
Technicals deteriorating under the surface.
Six stocks now make up 30% of the S and P.
They kill the troops first and the generals last.
The patient is sick.
Dell down 16% Mongo DB down 25%.
Cyber Security has been rolling over for a while.
Technicals deteriorating under the surface.
Six stocks now make up 30% of the S and P.
They kill the troops first and the generals last.
The patient is sick.
Last edited by Maximus122; 05-31-2024 at 06:02 AM.
Yesterday
, 08:01 PM
Today
, 11:17 AM
The market is in a really bad place, where it keeps putting more and more money into big safe names, like Microsoft and Nvidia, which don't need investor capital. They are already extremely profitable.
Then you have other companies like Unity, Beyond Meat, Teladoc etc, which aren't profitable, but have potential if they were given money to expand, but investors have no interest.
Investors only want to buy the big, safe moats, but everybody is doing that and those names are bubbles now. There is no yield in them.
Then you have other companies like Unity, Beyond Meat, Teladoc etc, which aren't profitable, but have potential if they were given money to expand, but investors have no interest.
Investors only want to buy the big, safe moats, but everybody is doing that and those names are bubbles now. There is no yield in them.