(02-05-2021, 06:03 PM)jagibelieve Wrote: So for some the "Stock Market under President Biden" has turned into a casino.

Meanwhile I'll take my small gains from yet another up day.  NASDAQ at an all time high... good times... for now.

NASDAQ is booming but I personally love the progressive industries that support the future (e.g. Telehealth, EVs, weed, lithium, semiconductors, online gambling).  Sure, I have recovery stocks as well (oil, airlines, financial) but this is a once in a 20 year opportunity to ride this wave comparable to the dot.com era.  Also, given the advent of Robinhood and other trading apps, young people are jumping into the market which creates much more investment funds $$ to support these trendy stocks that support future technology and future regulations (legalizing weed and gambling).  If and when it dips, I can always yank my $$ out.  There's a lot of $$ out there and people seem to be placing it into the market --- we never even gave that a thought when I was younger.  We grew up on putting money into 401k and buying rental homes and traditional investments like that.  If the younger generation want to booster companies by investing in the market, have at it  ..... it only benefits us all in the long run.

FYI -- I like Boeing going up to ~ $300+ but I still think we are 3 months away from any real movement of significance.  I'll also jump into Carnival in a few months as well as I think people are looking to Jan 2022 to go on cruises and party it up after 2 years of hibernation.

Why am i here on a Friday evening ?  Dang, I need to re-evaluate my life ..... adios 

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