Im no podcaster but I've been saying the market overvalued for months and months. of course my biggest 2020 losses were a Tesla short and Tesla put expiring worthless.
I am in stocks that are 5x to 10x overvalued . IM in stinky pinkies 10x to 100x overvalued. IM in Cryptos which I have no idea what they are. but rest assured I think they are all overvalued. I remember following the top 100 on coinmarketcap.com and when 100 coins were at a MC of 100 miollion of more and I was flabbergasted. the 99th highest is at $953 million right now.
everything is overvalued but is it? the answer is NO because the value of anything is what someone is prepared to pay for it. The Bid is the true litmus test. So regardless of what the fundamentals are the stuff is valued properly for TODAY. next week and next month well that could be a different story
I have two equities I am willing to keep as an investment. the rest are short term
Investing is for those who don't know how to trade
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.