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The good news is it seems as though the market has priced in...

  1. bgtaylo
    3,806 Posts.
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    25/04/20
    08:44
    Post #: 44248053
    The good news is it seems as though the market has priced in optimism for earnings of the top 5 faang.
    Anything below expectations could create panic.
    They are already sitting on bloated PE ratios
    Netflix & Amazon the highest at roughly 100.
    At 20% weight of the index , if they don’t hit target , we could be looking at an avalanche.
    As there are a lot investors hiding there as a safe haven.

    Value at posting: 2,958.8
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