Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

WarGamer

(12,103 posts)
Thu Jan 20, 2022, 08:35 PM Jan 2022

Something you might not hear on the MSM... unless you watch the Financials

COVID-19 stocks are getting absolutely crushed.

Peloton, Moderna, Zoom... and today Netflix are getting destroyed after a profitable and unrealistic 2020/2021 inflated values to the moon.

Combined with the upcoming rate hikes and Fed tapering... the market's not going to be happy this year... it's a massive MASSIVE bubble.

Not a bad thing for everyone, though... I'm a daily options trader and make $$ off of a chaotic volatile market if it's going UP or DOWN.

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Something you might not hear on the MSM... unless you watch the Financials (Original Post) WarGamer Jan 2022 OP
Wow. Zoom has lost 61% of its value since its peak at $400 6 months ago. gristy Jan 2022 #1
yup... Netflix lost $100/share today WarGamer Jan 2022 #2
Pres. Biden will be blamed for this. Although the "bubble" is Trump's doing with his Samrob Jan 2022 #3
This article may be interesting to some DU'ers bdamomma Jan 2022 #4

WarGamer

(12,103 posts)
2. yup... Netflix lost $100/share today
Thu Jan 20, 2022, 09:00 PM
Jan 2022

Amazon even looks vulnerable...

They have ER next week and I'm looking at buying Put contracts...

Samrob

(4,298 posts)
3. Pres. Biden will be blamed for this. Although the "bubble" is Trump's doing with his
Thu Jan 20, 2022, 09:07 PM
Jan 2022

tax cuts for the wealthy and allowing the big money to buy back their shares when the money should have been put into the economy. Now the big big money will make even more by shorting the market to the heavens.

Latest Discussions»General Discussion»Something you might not h...