The Fed does care about all stocks but importantly they care about valuations. Many growth stocks really god ahead of them selves and may not see the highs they’ve recently experienced again
Hi Dillon. This piece was excellent. Obviously no one knows what will happen in the weeks and months ahead but your analysis makes the picture much clearer to me. Please keep up the good work on your newsletter. It’s greatly appreciated.
Great insights! The only thing I'm still worried about is I thought in 2018 we had a marketwide sell off where here it's only high growth. Does the FED even care about high growth as long a the indexes remain strong? If you watch CNBC you would think this is just a normal dip overall? This kind of article does help either. https://www.cnbc.com/2021/12/06/a-major-shift-is-underway-at-the-federal-reserve-that-could-see-a-speedier-end-to-its-easy-policies.html
CNBC is almost a good contrarian indicator lol
The Fed does care about all stocks but importantly they care about valuations. Many growth stocks really god ahead of them selves and may not see the highs they’ve recently experienced again
Gotcha, I'm sitting on some UPST with an average cost of $280. Do you think it will ever get there again?
Absolutely, I didn’t sell the stock because I think it will reach its all time high again. $UPST is an incredible company!
Do you have a 1YR PT for UPST?
doesn't help either, sorry :)
Wow, Dillon, this was helpful. I will be watching for updates as I have plenty of cash to deploy. Thanks!!
Thanks for reading Ship and happy you liked it! I’ll keep you updated 👊🏼
Awesome piece
Hi Dillon. This piece was excellent. Obviously no one knows what will happen in the weeks and months ahead but your analysis makes the picture much clearer to me. Please keep up the good work on your newsletter. It’s greatly appreciated.
Thanks for reading Michael! This is much appreciated 👊🏼