/biz/ - Business & Finance

>>24115061
This is probably true for certain companies, it's case by case rundown. The tech stocks have detached from valuations however and have simply become safe haven assets. Short term I can get it, but should make one very uncomfortable in the mid/long term, and it may very well be a lost decade.

I think there are deals to be made on the remaining beaten down stocks, but at this point most will require many years to see a return. People that are investing large amounts now though are pitiable. Through sheer luck I caught the falling knife back in March, if you didn't start investing in those next few months then you weren't paying attention.

From another perspective it's not so much that valuations have become detached, it's that the equity prices are being corrected via inflation. In that sense, the stock market isn't getting more expensive, it's staying the same and the dollar is what's going down. This is obviously true to a certain extent.

But it's mostly bullshit due to the fact that we're at an ATH during a recession (when the stock market was ALREADY in a bubble back in 2019). This creates a scenario where everyone is looking at each other waiting to see who drops their bags first, or again, the lost decade scenario. But the market has never moved so quickly, buyers and sellers have hair triggers.

It's a Mexican standoff.

>>24105327
What stocks are you doing covered calls on?

Someone shill me some good stocks under $100 to sell covered calls on