Nope. Not soaring eagle.
That’s kind of surprising though. HZON only raised like ~$600mil and Sportradar is valued at $10bil?
Sell the rumor. Don’t keep it long term is my strategy until they prove otherwise.
End is near.
Too old to understand this…
The hedge fund firm’s assessment of the current market is mixed. Not one of the six bubble measures for the total market, for example, is in bubble territory, though Bridgewater gave a “frothy” rating to “the number of new buyers” in the market as well as “broad bullish sentiment.”
When the hedge fund firm looked at emerging technology companies, however, three of the six measures were flashing “bubble,” including many new buyers in the market, broad bullish sentiment, and purchases being financed with credit.
Can we say the bubble for emerging technology has already burst? Many are chopped by 50%+ . So are these the losers or BTFD candidates? What about those drop by less than 50%+, MUST BUY candidates?
Emerging technology was floating on hype and BS. Will be shaky for years. Biotech is almost always a bad bet. Although MRNA maybe break thru technology.
California tax revenues are depended on stock market bubble to higher and higer.
Meanwhile, I want to keep reminding you that there are literally hundreds of stocks that have come public in the last year or two that will go to zero. Some will be fraudulent. Some will suffer from bad luck and just fail.
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WS makes tons.
We should be worried about zombies stocks that @manch favor. Many of those could dive to near zero if bubble for them burst. Safer to stay with well known stocks with outstanding fundamentals. Avoid stocks that are… high growth, zero earnings, high stock compensation, high sales/price.