Ocho Cervezas said:
The stock market is far easier than gambling. All you need is GLD, QQQ, and CLOU. Put everything you got on that and you will be fine.
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Um.. couldn't strongly disagree more with this statement.
GLD is paper gold. If you can't redeem a GLD share for a portion of real gold, then it is "paper" gold (read: fake). A certificate of ownership is not the same as having the gold in your hand. There is a reason why there is a considerable premium over the gold spot price to take possession of the gold physically. If you trade GLD, than make sure you treat it like playing craps; it is subject to all kinds of external pressures that the public does not notice.
Cloudflare is VPN software. There are a gazillion VPN solution providers. There is nothing special about Cloudflare vs other VPN providers.
As for QQQ - the biggest companies on Nasdaq are way overvalued, just like they were in 2000.
AAPL - the stock is priced as if business is BETTER post-Covid than pre-Covid!!! Same with TSLA (and they haven't made a dime to date), except they cook the books by using "deferred revenue" to show a profit. Almost the same for NFLX - how can you officially say you're making a profit when your negative cash flow is billions more than your profit? (In all fairness, that's how AMZN became so big.. convince a lot of investors to wait out 10 to 15 years of losses before you make your first cent.) MSFT is so tightly wound that the minute they announce an earnings miss, that stock is dropping 10-20% very easily. AMZN is funny - they most likely lose $$ on their retail operations; AWS for Amazon is just like Adwords for Google - if it wasn't for these counterparts, how would they make $$ ? FB is getting their arse saved by buying up Instagram, but how long will businesses keep advertising on FB/Instagram? If it is true a lot of companies are going bankrupt or out of business due to this COVID crap, advertising naturally has to fall.
BTW - if you haven't noticed, a bunch of Robinhooders are buying up TSLA, AMZN, AAPL, etc.
I'd rather put my money long term in TGTX than any Nasdaq stock. There is very little upside (and a lot more downside) for these Nasdaq stocks.