CPI @ 7.5%

[Thin Lizzy]

Another thing I’ve noticed is that stocks which popped on earnings promptly gave back the gains, Google, whereas stocks that dropped like Facebook didn’t retrace anything and have kept going down:

[sculpture]

"Meta" is a globally despised company

I think its best days are behind it

The warning sign in the US indices is that breadth is very low, I.e, they're being held up by the outperformance of a very few mega corps

[OneMoreRep]

"Meta" is a globally despised company

I think its best days are behind it

I sold all my positions on Facebook/Meta because the world has finally realized Zuckerberg is a high-grade scumbag.

As much as people use their products, I am starting to think they are about to go the way of MySpace.

I know very well that close to 2 Billion people use a combination of their products. So I am not blind to the market share they possess, but I think people are realizing that at the core their company is predatorial and not the kind of entity you want to do business with.

"1"

[Thin Lizzy]

"Meta" is a globally despised company

I think its best days are behind it

The warning sign in the US indices is that breadth is very low, I.e, they're being held up by the outperformance of a very few mega corps

True. Apple is largely responsible for keeping the S&P up.

[Mayday]

I sold all my positions on Facebook/Meta because the world has finally realized Zuckerberg is a high-grade scumbag.

As much as people use their products, I am starting to think they are about to go the way of MySpace.

I know very well that close to 2 Billion people use a combination of their products. So I am not blind to the market share they possess, but I think people are realizing that at the core their company is predatorial and not the kind of entity you want to do business with.

"1"

I think you are on the right path here.

Kids don’t use Facebook, it’s for older people.

My daughter and all her school friends watch YouTube and socialise on gaming platforms like Minecraft and Roblox.

Mass online gaming is the next social media. I can understand why Facebook changed to Meta but nobody wants to sit around in a boardroom and chat. Playing games while socialising is what it’s all about.

[sculpture]

I sold all my positions on Facebook/Meta because the world has finally realized Zuckerberg is a high-grade scumbag.

As much as people use their products, I am starting to think they are about to go the way of MySpace.

I know very well that close to 2 Billion people use a combination of their products. So I am not blind to the market share they possess, but I think people are realizing that at the core their company is predatorial and not the kind of entity you want to do business with.

"1"

This was the right move

Zuckerberg is an absolute dirt bag and we only know the tip of the iceberg

[deadz]

This was the right move

Zuckerberg is an absolute dirt bag and we only know the tip of the iceberg

Yep, responsible for dementia Joe's win.

[Lartinos]

I remember watching that Zuck movie and actually believing the story.

Later on I realized he and FB are manufactured entities.

If you look into his eyes you see an imposter.

[Mayday]

Volmageddon….

Market liquidity is now lower than the pandemic event……

Up? Down?.