How can anyone justifiy the current tech stock prices?
Jayden Harris
Did you try averaging up
Levi Gomez
I almost bought airline stocks 2 weeks ago because you retards said we hit the bottom. Then I realized that Zig Forums is always wrong and didn't buy any. Dodged a bullet there.
Justin Roberts
is there really an argument for oil prices and demand coming back? I haven't found one.
based. We need 2D tech to advance so we can fuck an anime.
We witnessed the March drops But What indicators pointed to this beforehand AND how do you identify as soon as it starts dropping that this might be a 10 % and not just a little 2-5% drop? Volume?
PE Ratio of AAPL is ~25 That's certainly not stupidly overvalued. These companies have a shit ton of your private information, and literal mountains of cash. They are valuable because they are powerful and not the other way around.
Landon Stewart
Won't happen for two reasons: We dont know if we can have a viable vaccine. There's some good reasons why we wont be able to (same reason why we cant develop a vaccine for HIV). Second, you have to realize that governments are incredibly incompetent. Their reaction was one that was completely overblown, due to them not taking the virus seriously at first. It was an overreaction for what it was. Destroying the economy for this virus was absolute insanity in hindsight, and they'll never do something so stupid again.
What will happen if a "second wave" hits, is they will mitigate it with giving people masks and instructing them to wear them, and maybe cancel large events (500+ people). That's it because that'll be enough to not overwhelm hospitals, which is what the lockdown was suppose to be about (somehow switched to trying to make sure nobody dies from it at all, which frankly, is idiotic.)
Crashing this market with no survivors? Might as well get it over with.
Caleb Perez
>we will have a short SHARP recession
This therefore indicates a v shape recovery. Everything will have been put on pause for half a year, we'll have a recession of course but a sharp short ones makes sense.
No fucking banks have defaulted like in 2008. It's not the fucking same you complete ass
Nicholas Peterson
Gee I don't know maybe the big fucking announcement about fucking lockdown?
Brandon Lewis
Why not?
John Bell
Energy, industrials, consumer cyclical - travel, leisure I can agree on. What did I miss?
agree. one reason the reaction was overblown was because western countries mimiced what china did in their small town. that's completely normal in communistic china but it was new way to react to virus in the west. nowadays news spread from china quickly to the west in the internet
Kek bought 1 share of VTIQ for $24.40. If in a few years it pulls a Tesla that puny share will be worth $500 or more. If it shits oh well, I'll just not splurge on fast food for a while.
Sebastian Jenkins
WOW GREAT RESPONSE
Kevin Lopez
>Just invested another $2k as per my monthly contribution
