everyone is pissing off of the bull.....maybe correction is close....

the bull is really strong, it might look at 3200 before a break....

Super bull returns. Was it the shortest bear market ever in the history of stock market?

as predicted, sp500 really broke 3200 today!

As expected

Finally, correction comes!

Come on, daddy bear please comes out play play. Give us negative 10-15% by next week can ah?

I have been eyeing it too. I wish to get below or near 170....

congrats!

futures rebound....where is papa bear??

bull trap

Haiya! The best he could do is to slow it down.....can't turn it around just yet.....unless GDP stays at negative in 2021

come to daddy!! now!!

Robin hood rules.....meaning bull market very strong.....meaning, be careful.

haiyu! papa bear come out play play lah, no more MCO already mah.

all green....papa bear sick already

gloves are highly overvalued at current price.

Exactly! Just like property stocks TPs some years ago, and every one of them now all plummet 70-80%

I've seen so many analysts keep on changing their TPs AFTER they saw stock price moved. It's really....laughable sometimes.

i don't think they deserve high valuation TP of 30x, 40x etc. because their business model is quite high risk actually, a lot of factors can affect the profit margin, ie. raw material price, currency rate, investment in factories, high level competitiveness (it's not difficult to make gloves, learning curve is short) etc. And I prefer to look at a business in 5-10 years ahead instead of just 1 or 2 years. Analysis usually gives TP based on 1 or 2 years ahead only, although they like to talk big. You will find many of them keep adjusting their TPs based on market price movement, which is ridiculous.

This post has been edited by yok70: Jun 16 2020, 10:55 AM

Yes. This is the facts that many still don't want to believe. However, I agree a lot of people has or will lose their jobs. But, there are other jobs awaiting. Those who couldn't fit in for now, need to learn new skills in order to catch up with the world's changing of trend. High Tech's booming has no doubt changes (or should say, transforming) our familiar economy model into "something else", which highly integrated with high tech.

A 35% fall of USD....China is the one who is most capable to realize this fall, if it could take over US's dominating partnerships among world's countries. Trump has been making more and more enemies with the world.

https://www.marketwatch.com/story/the-dolla...oof2&yptr=yahoo