How to spot a bubble:
I believe there are roughly 6 stages of a market’s valuation. People use different methods to justify buying stocks in each phase:
1. Multiple of FCF
2. Multiple of EBITDA
3. Multiple of Revenue
4. Multiple of ARR
5. Multiple of Bookings
6. Multiple of GMV
— Chamath Palihapitiya (@chamath) July 7, 2020
$TSLA finally ends its winning streak, down a whopping 2%…
But Nikola is back! Up 35% TODAY. pic.twitter.com/ojuTXb1aRh
— Sarah Ponczek (@SarahPonczek) July 8, 2020
Positioning in Put/Call is disturbing vs VIX (cost of puts). I fear that the HF positioning is long and unprotected as puts are too expensive, setting up for a potential/violent Mo-factor unwind. (see yest video for more) t.co/CjuZVjO52d pic.twitter.com/PCQoqljrZO
— Michael Taylor (@biotequity) July 8, 2020
Interesting tidbit you might not know about me: I was a stockbroker at Merrill Lynch, near Seattle, when the t.co/4a6SYROPlf bubble burst.
What I learned more about humans and markets during that time has informed my research as much as anything I learned at Stanford. t.co/f2TM586ImM
— Kate Judge (@ProfKateJudge) July 8, 2020
Watching this stock market swell is a complete joke at this point. I am thinking about taking my profits and sit on the sidelines until the end of earning period or quite possibly till elections to see how the market reacts. Another crash or a massive correction is inevitable.
- We all knew Big Tech conspired, censored, and spread misinformation to help Leftists win. Elon Musk bought a crime scene and is releasing receipts… On 1/3, the subpoenas should start.
- Whitehouse press secretary f*cks up, stops mid sentence as she realizes what she is saying.
- GUY CAUSES 35,000 CUSTOMERS ELECTRICITY OUTAGE BY DESTROYING A SUBSTATION WITH A RIFLE TO STOP TRANNY SHOW
- Climate Change Lockdowns? Yup, They Are Actually Going There…
- KanYe Interview with Gavin McInnes Was Fantastic
- Alex Jones Shows His True Colors
- Europe’s Leadership – Pure Insanity
- 25 Ex-Soldiers Plotting Military Coup Arrested in Massive Raid by German Police
- Walmart CEO readies mass store closures!
- Dr Peter McCullough: “the unvaccinated are the envy of the world right now”