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Friday, April 19, 2024

Facebook and Exxon Mobil are both Overvalued Stocks for Different Reasons (Video)

Courtesy of EconMatters

XOM is trading as a Bond in this yield chasing QE inspired Central Bank World, and FB is your classic momentum stock. The first lesson of modern investing is that everything is a trade in financial markets. Avoid being the bag holder in either of these two stocks. The day of their demise is merely a calendar event on the investing time clock horizon.

 

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