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Showing posts from April 12, 2021

Monday - What Does Warren Buffet's DotCom Indicator Predicts' Today?

 Stocks set to fall after record highs on Fri. DOJ is 100 points lower this morning due to Biden's infrastructure discussions later today. Also early earning news are expected to flow in for the first quarter this week. Uber's delivery recovery is faster than expected to a level that they don't have enough drivers. Microsoft announced Nuance acquisition for $19.7 billion, including Nuance's debt. This will increase healthcare provider space by 100%; in addressable market.  Warren Buffet's indicator, regarding the value of the country's publicly traded stocks divide by its gross national products, is alarming. This ratio was very high in the late 90's which predicted the DotCom bubble. Now it's high again making people like Elon Musk giving it a spotlight on twitter. Let me know what you think. Keep smiling and stay charitable.