Apple on track to become $2trillion company by December 2020?

Bleg

Tempting..................

AnotherJoe

Were you tempted? I hope you gave in to it.


and up to 908 premarket. Its not even going to spend any time in the 800's.


p.s. according to those with access to the data, the short squeeze hasn't started yet either. When that happens all bets are off. Not sure if I have the cojones to buy more now though.When you were expecting to buy at 650 its tough to buy at 900 even if you think its going to 1000+ I've been wrong before cant get carried away.

Bleg

I was not brave enough. I still might.

Malkytheheed

Bubble is about to massively burst. Whole S&P500 is due a MASSIVE correction. It's coming before June. Mark my words.

AnotherJoe

That's what my mate thought four years ago and then a year ago (he sold off completely both times)
 I reckon he's probably down several hundred £k on account of his attempts at market timing. (He's pretty well off ! )
How much will the correction be ?

And have you sold up in anticipation ? And are you as wealthy as my mate on account of your knowledge of future markets movements? (He's less wealthy than he could be of course)

Username999

CreditCardChris said:

https://i.gyazo.com/09f826c4618e2ff93ac28ce3931ff5ed.png

What do you think? Stock has gone up 93% this year, another 80% and it'll hit $2trillion.

It's going so parabolic it's putting bitcoins 2017 run to shame :T

Well it's hit $2T well before December!
A mad world.

sebtomato

Complete bubble.
All those US technology companies now have valuations completely disconnected from the actual economy.

george4064

sebtomato said:

Complete bubble.
All those US technology companies now have valuations completely disconnected from the actual economy.

To play devils advocate, some might argue that the economy is disconnected from those US technology companies.

sebtomato

george4064 said:

sebtomato said:

Complete bubble.
All those US technology companies now have valuations completely disconnected from the actual economy.

To play devils advocate, some might argue that the economy is disconnected from those US technology companies.

Well, first thing all those people becoming unemployed on tighter budgets are going to cut is upgrading to the latest iPhones and other non-essential gadgets or services.
Therefore, Apple (consumer company) having its market valuation raising currently is completely random and pure speculation, probably because people have nowhere to put their money/invest to...
Alphabet (Google) and Facebook increasing in value, when the ad market is collapsing is again random.
The only company (from the top technology ones) that is truly improving given the economy is Amazon.

Thrugelmir

george4064 said:

sebtomato said:

Complete bubble.
All those US technology companies now have valuations completely disconnected from the actual economy.

To play devils advocate, some might argue that the economy is disconnected from those US technology companies.

If people are unemployed they'll have no money to spend.