Recent comments in /f/wallstreetbets

bobstaman t1_je6vwoc wrote

Right now the market is trying to price in rate cuts. Rate cuts = Bond yields going down and that'll put the "growth" trade back on the table. People are buying tech in anticipation of the rate cut announcement. This will probably be the case until the Fed/Jpow/some speaker comes out and claps down on the market to get yields going back up BUT until that happens... we pricing in rate cuts>lower yields>tech stocks go uppies.

Now the game plan right now should be: Go upside until Fed speak talks up the yields to put pressure on tech again. IF the Fed shows any further easing or cut possibilities.... go hard upside until next Fed speak. IF Fed comes out firing, touting higher for longer, no chance of cuts, etc.... careful with the upside.

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Spins13 t1_je6uz7w wrote

Nah. The day a good quarter is announced it will go up 10%. Then 10% or more on the next one. No one without insider knowledge knows the numbers before they show up. It will stay flat until better results and may even dip with S&P.

In 5 years it will be at least 180$. I wouldn’t worry too much about the near future if you are playing the long game

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