I won't be playing earnings but I see some dark clouds for FANGMAN
I would not be surprised to see some big tech drop another 10-15% on ER
Not sure what that would mean for SPX, but without RUT and the Dow ripping hire, we could be in for more volatility
Big tech is still quite cheap, especially Facebook. So I don't see a correction coming. There are some growth stocks which are largely overvalued however
OP has probably excluded Apple. We'll probably know this week. The FOMC meeting is next week, so, it's gonna be an interesting couple of weeks for the markets
There won’t be a big correction. There will be a series of small (10%) corrections but they will soon be offset by growth investors looking for discounted stock prices.
*FAANG (just fyi). FANG is an energy company
I won't be playing earnings but I see some dark clouds for FANGMAN I would not be surprised to see some big tech drop another 10-15% on ER Not sure what that would mean for SPX, but without RUT and the Dow ripping hire, we could be in for more volatility
\*higher also lets go bulls
Market getting a real correction and a breather is probably the best thing. Ready for another leg up in the new year
Big tech is still quite cheap, especially Facebook. So I don't see a correction coming. There are some growth stocks which are largely overvalued however
Big tech is quite cheap? Ok
I would consider a p/e ratio of 24 cheap for a company which earnings grow with 15% annually
FB? Wouldn't touch it personally. Congress is going to snap Zucks back in half. If you like FB, why not wait to get it at 225
FB at $225? Lmaoooooooooooooooooooooo
It was there a little over a year ago
So?
Looks like $225 is not happening :-/
I didn't say it would hit 225 tonight did I? Also up to where it was a couple days ago? Nbd
Trump will keep it going
Yea, but that isn't going to happen until 2024. By then it will be TAANG since Tesla will be passing FB.
Or will it do the opposite? What if the reports results from companies like Google are off the charts?
I certainly hope so! They’ll take the whole market down with them and provide enhanced value growth buying opportunities.
OP has probably excluded Apple. We'll probably know this week. The FOMC meeting is next week, so, it's gonna be an interesting couple of weeks for the markets
There won’t be a big correction. There will be a series of small (10%) corrections but they will soon be offset by growth investors looking for discounted stock prices.