2016 second dot com bubble about to burst?

Something I've noticed looking at charts/graphs over the years is that real adoption (i.e. real use and demand) is almost always linear. If you can't draw a straight line through your chart comfortably then its probably in a bubble.

Bitcoin is a nice example

Starbucks coffee:

Facebook:

^ this is one of the only stocks I've seen which isn't obviously in a bubble. However it will still go below trend when the bubble pops, just less so

 

Apple is a pure bubble stock lol. In the same period that they lost 50% of their market share in their most successful product their stock price doubled

 

Keep in mind that companies like uber, lyft, airbnb are also tech bubble companies. If they do IPO in this market their insane bubble valuations may be met with stark reality on day one. Those would be potentially good shorts.

don't companies usually announce when they're doing an IPO? i don't know too much about this

 

Apple is a pure bubble stock lol. In the same period that they lost 50% of their market share in their most successful product their stock price doubled

I mean again I don't know a lot about this stuff but the net profit and profit margin charts are showing a very regular trend, come 2017 they could get back up

 

I mean again I don't know a lot about this stuff but the net profit and profit margin charts are showing a very regular trend, come 2017 they could get back up

That's bubble thinking. Everyone looking at short term trends no one looking at long term fundamentals.

 

looking at October 27 through early November now for possible price correction in tech stocks

 

Almost everything new in the tech sector behaves as a bubble now.