All the high PE stocks are about to take a dump with the market correction that's coming. Look at TSLA and SCTY today. Big market up day and AAPL down, NFLX down, AMZN down. Beware, FB is on that list too.
Amen to that. Obama certainly doesn't have the stones to do it. Kudos for Israel......they will do it if they can figure out the logistics. It was a lot easier to take out the Syrian reactor being built.
I couldn't agree more, our 400 point S&P gain this year could evaporate in a few days. As Larry Fink of BlackRock says, there is a FED induced market bubble again. They manage $4.1 trillion in assets. Think they could move markets as they move to buy protection?
Did you see where Larry Fink with BlackRock (with $4.1 Trillion in assets under management) on October 29 said we have market bubbles again, thanks to the FED? When they go to lock in those profits all hell is going to break loose. Our 400 S&P gain this year could all but evaporate. Once the selling starts the $400 Billion in margin debt will cause acceleration as margin calls begin.
Not to mention the long overdue 10%+ general market correction. Been way too long and we are way overdue. All of these stocks like FB that have run up will take a 50% haircut in a matter of days, if not overnight. I own no FB and am not short. Beware out there.
When you get a PE this high, in a bubble market caused by the FED, even a "little issue" will make investors run for safety. The whole market is way overdue for a 10% correction. With $400 Billion in margin debt on the books we will be lucky if it stops at 10%. It's coming soon, be prepared.
And when the balloon in the market in general, caused by the FED, pops, everyone is taking a big haircut.
That would make it worth 4 times what Disney is valued at. Can you say 2000 tech bubble again? It may go up in the short run but when the pin pops the market bubble reality will set in.
The entire market is now bubbly because of the FED. $400 Billion in margin debt. No 10% pullback in over a year. It's coming and will take the FB's of the world down hard. Just hope it's limited to 10%.
This whole market is a bubble caused by Fed easy money. It's about to tank 10 to 15%, the whold market.
The market is way overdue for a 10% correction. Haven't had one in over a year. I was surprised it didn't continue up after the Fed announcement. This could be the start of one. If so, all of these stocks that have run up will take a 40 to 50% haircut. Beware out there. It's always when the retail investor finally decides to get back in the market that they pull the rug out and let it fall.
Agreed! I'm looking for a sell off to the 40's where I will start to nibble, depending upon the guidance. Citi says this morning that the retail shopping season will be down.