Weekly Thoughts on the Market - Screw Analysts!

An interesting week we have behind us. After a surprising sell-off of all indices and especially small growth stocks at the beginning of the week, the market immediately recovered. This bull trap supposedly originated in the Delta variant (aka Delter). So at least the opinion of leading analysts and news.

However, the bounceback shows us that this may not have been true after all. After all, the mutations haven't gone away, more seem to emerge every few weeks, and the effectiveness of Astra and 💕Daddy💕 Ugur 🥰's inoculants is rather so sigh.

Analysts don't have a clue. Analysts are also people like you and me. They see what is happening in the market and try to figure out the next best thing backwards. And if there were the reasons and there was no sell off, none of them would say "Hm funny, actually everyone is scared of Delter and the Red Day was on the calendar for today".

This brings me to another of this week's sass that stinks to high heaven: again, the theme that analysts are full of shit. I've heard analyst projections on various oil companies. Of course, I don't know all the earnings of all the big stocks by heart, but the numbers struck me as sus.

Wasn't Chevron a dying old economy company for dividend suckers?

Briefly held the cash flow for the last few years next to it. This cash flow for the next 3 years is completely out of touch with reality. This dump should be happy about >0 if OPEC oil prices play along. Maybe one of these years on the level is conceivable - but no 3 years à 18000mrd$.

Okay, that's my rant for today. I am looking for interesting non-$ growth stocks, the cheap Netflix price is itching my fingers and I currently have a harvest play with AMD. Anyone with informed opinions on this is welcome to slide into my Reddit DMs.

zl;ng: analysts are full of shit. TR shouldn't pay a dime to get such nonsense in the app.