No qualifying author-owned investment thesis was confirmed in this post.
Author names commodities/companies as overvalued but gives no fundamental reason or catalyst; also SLV/GLD are unnamed ETFs mapped from 'Silver'/'Gold'.
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It's crazy how so many people believe that things can run up infinitely and end up getting caught with their pants down and complain that it has dropped 10%+ on a single day when it has been up over 100%+ in the past year.. For example, Silver, AMD, PLTR, Gold.. Don't get me wrong, there is nothing wrong with these companies or commodities, but valuation wise, it seems crazy to me. Me personally, I picked up a ton of what I believe are undervalued stocks with great potential of upward momentum and mainly Canadian stocks such as...
T/TU
CP
CNR/CNI
CSU
GIS
UNH
Everything seems overly valued right now, but I do have my eyes on some tech stocks such as MSFT and GOOG and would like to reenter, but not at the current valuations. What is everybody doing?