2Mon·

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 (+7.81%)

17 Comments

Timon W@Manchkeiner

2Mon

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

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Epi@Epi

2Mon

The blow off top is still missing...

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Stuttgarter81@Moneymoney

2Mon

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

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Epi@Epi

2Mon

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

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Stuttgarter81@Moneymoney

2Mon

@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

2Mon

@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

2Mon

@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

2Mon

@Moneymoney 70% Cash? 😱

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Stuttgarter81@Moneymoney

2Mon

@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

2Mon

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

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Walter S.@Roots

2Mon

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

2Mon

Comment was deleted

PaulPK@PaulPK

3Wk

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

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Deleted User

3Wk

Comment was deleted

PaulPK@PaulPK

2Wk

@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

2Wk

Comment was deleted

PaulPK@PaulPK

2Wk

@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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