People are spending more and more time in front of screens, and Apple and Facebook are capitalizing beautifully.
Greenlight Capital was down for the quarter.
Netflix and Halliburton are two gems that plainly illustrate what's justifying this broad market run.
When people attach such frothy numbers to IPOs, we have problems.
Companies that are inventing incredibly important drugs go down almost every day.
In tech, several of these tropes are currently making the rounds.
See: yesterday's rapid lockstep reversal.
Until these overpriced stocks come down enough to attract acquirers, I think they'll cause real problems for the market.
It's unnerving that almost every strong stock has a poorly performing company underneath it.
It's very easy to stand by. Maybe too easy.