/biz/ - Business & Finance

pot stocks reporting earnings this week. we going up or down?

>tfw sitting on stack of cash waiting for 3.8k while u buy shitcoins hoping they go up in a bear market

>>10519971
right on dude 420 vape naysh bruh

>>9329020

>>8954245
it's easy to say the market is overinflated but if you look deeper that seems to be less and less the case.
what's really driving this market is the incredible amount of share buybacks companies are doing. If valuations were so high you would think companies wouldn't be buying back billions worth of their stock. But in fact they are, implying they still see upside.

Comparing this market to the tech bubble is fucking hilarious and retarded. There is no comparison. Large cap tech is printing fuck tons of money and their valuations are pretty reasonable given that. The amount of retard pets.com type companies are actually quite small, although some do exist.

On top of all that we have a president for the first time in a decade who actually gives a damn about business. This is driving a huge influx of capital into the markets from first time investors who previously didn't do shit because of muh rigged system and muh regulations