Todays the big day. Where we see a company ipo over 2 trill based on a story.
SpaceX appears to be TSLA on steroids. Promising the future in some way shape or form
In the meanwhile you have value traps like paypal and Adobe dropping due to the very same thing. Theyre dinosaurs in the past.. AI or competition will get em. Narratives.
Long story short. We all know the grift. Markets at all time highs while we are in a never ending war and oils higher than its been in a while. Lets pump the cyclical memory and chip makers because its different this time.
The only difference seems to be the memeification of wallstreet.
It seems like this sub is locked into these beaten down tickers that keep getting wiped while you could have made 3x in the last few months off amd, any space stock etc.
Do you get mad at these moves? What keeps you pouring money into pypl, adbe intu. Etc?