Don't get me wrong, I love GOOGL and I'm in on it big time - HOWEVER, I don't see any major catalyst's post earnings in the short term. When It was 18PE I threw everything I had at it, now I'm kind of like "eh". That pre DOJ judge decision worked. Only thing is, I have confidence throwing thousands at that stock, whereas $ASTS feels like it will die any day, but that growth potential is real.
What're other googlers thoughts on this? Feel free to correct me.
Thought the fomc rate cut decision is on 28th but apparently it's 29th 2pm ET which is after my 9:30 am European expiry
I have Vix 16ps should I sell or can the IV drop later and tomorrow? Typically IV goes up pre-decision and the meeting right?
HELP ME OUT BROS
I dunno - its different this time. VOO's P/E ratio today is \~29. It's hot, but not bubble hot. I think pre-dot com crash we had P/E = 46, and pre-2009 crash it was at \~100. I think a correction is on the horizon for sure, but not a 2009 like crash.