NKE is just one of many stocks that will get punished this year. Everything is over valued. Stocks that were left for dead are up 100, 200 percent off the lows. You have companies that aren't making a dime make new highs. I can see 2021 being one of the worst in the market in some time. All these young investors believe buy everything and become a millionaire over night. Those people are in for a rude awakening. Buying a CD and keeping cash may be the best investment this year lol
I'm looking at buying puts in certain stocks. In no way am I a bear. I just don't see this buy everything mentality working forever lol.
I'm looking at buying puts in certain stocks. In no way am I a bear. I just don't see this buy everything mentality working forever lol.