$SPX article just came out a bit ago. Just a share, I have no
long term view, just what the market/stocks tell me through prices.
Prices guide my action plan.
Hedge fund Crescat Capital warns
clients S&P 500 could drop 34%
Posted by fredsaid on 22nd of Jul 2021 at 01:25 pm
Now that would be something ! AAPL would be 180,
AMZN at 4500, NVDA at 300 (which is 1200), ... Don't
see it happening this year but you are right who knows...
I would be willing to have the view that we drop 10-15% before
we gain another 34% from here though, if I was pushed to have a
view. But that's just for fun. The market will tell me what I need
to do next
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$SPX article just came out
Posted by fundamentalvalues on 22nd of Jul 2021 at 01:14 pm
$SPX article just came out a bit ago. Just a share, I have no long term view, just what the market/stocks tell me through prices. Prices guide my action plan.
Hedge fund Crescat Capital warns clients S&P 500 could drop 34%
https://seekingalpha.com/news/3718134-crescat-capital-us-stock-market-is-51-overvalued-inflation-sp-500
Key word is "could". It
Posted by pmahoney on 22nd of Jul 2021 at 01:17 pm
Key word is "could". It could go up 34% too. Who knows.
Now that would be something
Posted by fredsaid on 22nd of Jul 2021 at 01:25 pm
Now that would be something ! AAPL would be 180, AMZN at 4500, NVDA at 300 (which is 1200), ... Don't see it happening this year but you are right who knows...
I would be willing to
Posted by fundamentalvalues on 22nd of Jul 2021 at 01:23 pm
I would be willing to have the view that we drop 10-15% before we gain another 34% from here though, if I was pushed to have a view. But that's just for fun. The market will tell me what I need to do next