3Mon·

We are in a bubble 🦧🪤

If every chip shop suddenly goes up and every last schmuck on Tiktok/Insta is making money on the market and is now talking about financial education, you should be careful.

$OPEN (+13.34%)

17 Comments

Timon W@Manchkeiner

3Mon

Unfortunately true. Nevertheless, I took a quick 50% yesterday

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Epi@Epi

3Mon

The blow off top is still missing...

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Stuttgarter81@Moneymoney

3Mon

...what do you think is a fair value for the s&p 500?

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Epi@Epi

3Mon

@Moneymoney 4500? 😬
But who knows the fair value? And is it relevant? 🤷

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Stuttgarter81@Moneymoney

3Mon

@Epi who a dream 🤩... I saw an exciting statistic yesterday. It showed that only US large caps are actually maximally overvalued and European large caps are trending just above average. All other regions and all small caps are below the historical average. Can you imagine a scenario in which big techs fall and the broad market remains stable? I can only think of a global digital tax. Best regards 🖖

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Shrimpman@Shrimpman

3Mon

@Moneymoney That's why I got out of the MCSI World and now have a Greece and a Dax Etf

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Stuttgarter81@Moneymoney

3Mon

@Shrimpman I understand. I am also defensively positioned and have the USA, Europe and EM equally weighted and almost 70 percent in cash ...Do you have an entry plan? Or based on gut feeling? Best regards 🖖

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GeldGenie@GeldGenie

3Mon

@Moneymoney 70% Cash? 😱

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Stuttgarter81@Moneymoney

3Mon

@GeldGenie I am rather defensively positioned. I took the low in April in my stride - I was then 40% invested - but I sold the 10% too early when the s&p 500 reached 5600. Bonds also generate a return. I'm actually quite happy with this year. Just over 5 percent up. But yes, the sharp rise also hurts. Well, I'll remain patient - there are always opportunities - a big setback would of course be great 👌

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Der Spekulant@Derspekulant1

3Mon

It will be just as much fun as any meme stock until it goes down again.

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Walter S.@Roots

3Mon

Well then...
nice comb with which you draw the parting here...
Dork or not dork...?

p.s. not every snack bar is going up, only the ones that offer fries...

ok. The ones with burgers on offer too...

Regards

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Deleted User

3Mon

Comment was deleted

PaulPK@PaulPK

1Mon

@Allan- Yes, because novo is not a chip shop :D

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Deleted User

1Mon

Comment was deleted

PaulPK@PaulPK

1Mon

@Allan- No, I don't even hold them because I thought the product was bad. But given the market capitalization, it's not a chip shop...

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Deleted User

1Mon

Comment was deleted

PaulPK@PaulPK

1Mon

@Allan- Yes - I understood penny stocks that have a chance of a blatant increase - there have been quite a few recently. I was actually trying to say that I don't see this opportunity with novo :) But especially with $WOLF

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