What Did You Buy Today?

[fenders53]

(01-06-2021, 05:22 PM)EricL Wrote:

(01-06-2021, 05:16 PM)fenders53 Wrote:

(01-06-2021, 02:08 PM)EricL Wrote:

(01-06-2021, 12:06 PM)kblake Wrote: What's the next group to fly?

Seems the pot, solar, and EV sectors are all hot.

It does seem that way.  Valuations were stupid six weeks or six months ago so buy quality that will actually make money when you can.  A few of the solar stocks prices are totally out of control vs reality earnings.  I am also going to watch what goes down due to the regime change.  This market is so desperate for something to buy and I bet it circles back around soon enough to but the "junk".

I agree. Seems there is an insane amount of money sloshing around, moving from one hot thing to the next. When you have $700B stocks like TSLA moving the way it is, and thinking back to the powerful move in AAPL a few months back, it's just incredible.

Social media and ETF buying creates herds of buyers, moving things higher and higher. Moar stimulus that just passed, and more likely to come just keeps pushing things higher.

Short of enemy rockets flying this market can't go down appreciably for awhile.  Probably so called rotations as the media explains away moves. growth-growth-value-growth-growth.  The market rationalizes buying almost everything soon enough.