When will the market crash?

[Anonymous No.21760717]

The markets are so absolutely fucked that the NASDAQ hit its 36th record All Time High close on Friday in the span of 2 months despite there being a pandemic and a new economic depression.

The NASDAQ is at 11,500. It's up 70% since it's March low, when it was still severely overvalued. Apple is now a $2 trillion company with a P/E of 36.

Elon himself said 3 months ago that Tesla stock is over valued, back then it was 600$ per share, now shares hit $2100 yesterday. It's P/E is 1482.

This shit is going to crash hard. FAANG now account for 23% of the S&P 500 - 5 companies account for 23% of total market cap. And Tesla is set to join the S&P 500, with it's nearly $500B market cap the FAANGT will account for 25% of the S&P 500.

[Anonymous No.21760779]

bubble bubble toil and trouble the neets held on and didn't get double

[Anonymous No.21760798]

>>21760717
The dollar is what's going to crash, and then the markets will 5x against the worthless ponzi of the USD

[Anonymous No.21760839]

>>21760717
I don't give a fuck about that ponzi scam thar the stock market is. I just hope it doesn't take down crypto when it crashes

[Anonymous No.21760882]

>>21760798
>The dollar is what's going to crash

such a profoundly dumb uneducated take

money printer go brr XD

[Anonymous No.21760901]

>>21760798
oh and in case you think you're some kind of genius for saying THE DOLLAR IS GOING TO ZERO, literally every 18 year old buying TSLA on Robinhood says the same thing

good job

[Anonymous No.21760957]

>>21760901
as an addendum, this misconception is actually a large part of the reason why the stock market is pumping so hard. Everyone thinks the dollar is going to 0 because MONEY PRINTER GO BRR LOL!!!!!!!!!!!

They put that stupid fucking meme on television for fuck's sake.

[Anonymous No.21760959]

>>21760717
> the best type of capitalism incoming
Pulling everything out everything out of crypto and the stock market in 2 weeks time. I'm gonna make so much fucking money when everything crashes and burns.

[Anonymous No.21760975]

>>21760717
Post your short positions then pussy

[Anonymous No.21761208]

Lmao you gave all the reasons why you buy an index fund in the first place. Tech is where all the growth will be for the next 25 years. Besides did you not see big tech's earnings reports?

[Anonymous No.21761433]

>>21760882
cope

[Anonymous No.21762189]

bump