Stocks edged higher at the opening bell Wednesday, finding support, analysts said, as investor worries about rising inflation appeared to remain in check.
The Dow Jones Industrial Average DJIA, -0.01% was up 90 points, or 0.3%, at 34,402, while the S&P 500 SPX, +0.00% gained 0.2% to trade at 4,196. The Nasdaq Composite COMP, +0.28% rose 0.3% to 13,701.
WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 205% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!
This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2019-2020 annual reports, $FB $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all - overvalued by 1,176% compare to IntrinsicValue!!!