Soldato
Yeah, I've got a looooot of red..
The question is how long is this going to last.Yeah, I've got a looooot of red..
Good buying opportunity for tech stocks if you ask me. If Omicron is bad news, they'll continue to rake it in. If it isn't, the markets will rebound.
Talk of bubble fears, similar to .com crash - maybe playing into the mindset a little?
Too much inflationary pressure for an extended downturn imo. Short term pullback perhaps, but then on to new ATHs.
Money will go wherever it needs to go to beat inflation.....can't see that being anywhere but equity market for the forseeable.
Remember these tech companies aren't loss-making pie-in-the-sky 'Thing but on the internet' hot air like back in the .com days. They are huge profit-making engines with enormous, growing markets.
Can any explain just how the stockmarket works these days? I've just done some googling on share prices and noticed Nvidia has a PE ratio of just under 95 and a market cap of around $800b whereas Intel has a PE ratio of 9 and market cap of $200b yet by every financial metric I can find (earnings, revenue, employees, fixed assets etc) Intel towers over Nvidia. For that ratio to make sense Nvidia's earning would have be around $45b a year which an order of magnitude higher then it's current level of $4.3b, so what gives? Market madness/herd mentality of do people genuinely believe team green will one day end being that big?
What's going on with NIO??
How are you getting 20% with BNB coin?
Edit: Never mind, just re-read the post properly.
Google Evergrande.
Also Sonny was perma banned but now appears to be just suspended so not sure he can respond....
150 is a lot less then it used to be. Use the consoles for a guide is probably fair, they make most on the games so entry pricing to the masses is their businessmainstream unless it's below £150.
What's going on with SONNY? Should we be buying now or just wait and see what happens? Please respond asap I have money standing by