Yes, you’ve been told everything is going well. The market is within an earshot of new highs and all of the people who’ve been warning of a great, tremendous, collapse, are super assholes.
With marked exception to the following notable names, all who’ve been muddled to pieces in a bear market– down more than 20% for the year.
AGN -29%
LFC -35%
BCS -26%
NFLX -24%
REGN -32%
RBS -31%
DB -32%
CS -37%
LNKD -43%
PANW -26%
MU -32%
TWTR -39%
VRX -75%
JWN -21%
UAL -24%
FSLR -27%
HAR -21%
SCTY -62%
The list goes on for 9 pages inside Exodus. Here is the link for members. The minimum market cap requirement for that screen is a billion. It is, essentially, the cross section of the global economy.
Do you know what’s missing on that list?
Ironically, miners and energy stocks aren’t abundantly found there, in spite of the fact that they are the number one risk to the market and economy right now. Morons of the first magnitude have propped up an already dead industry. They just can’t read through the lines like I can.
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This is just bearish porn. General market is only down 3-5% for the year. These companies are just not competitive enough. FB and AMZN are the gold standards.
DB and CS are singing a song of pain. If one listens just a little. That thud is the bull taking one to the forehead.
DB and CS. European banks. No reason why they should they do well, when the Euro Zone is a mess.
lol. Go back to being a progressive baby adult.
AMZN will go down. It is just like TSLA and NFLX (ok, better cash flow than TSLA…): good companies with outrageously overpriced stock. They are way too big to grow earnings at the multiples needed to justify the stock prices.
Price discovery can only be evaded for so long…
So, the world that you want to live in will just have FB and AMZN?
Sounds like a post-dystopian society.
Perhaps there are other soon to be gold standard companies who will rise up from the ashes of the has beens. Vanguards of the future.
words are cheap. Name them.
They didn’t rise up yet. I’ll let U know when I see them rising.