So, here’s the thing. After Trump snagged the election, the U.S. stock market went into overdrive, hitting record highs. We’re seeing some pretty wild action with growth stocks like Applovin ( $AppLovin Corporation(APP)$ ), Upstart ( $Upstart Holdings, Inc.(UPST)$ ), and LYFT ( $Lyft, Inc.(LYFT)$ ) —these guys racked up single-day gains of over 20% just from their earnings reports. Crazy, right?
But let’s not get carried away. These mega gains have that meme stock vibe, where everyone’s jumping in just because it’s trending, not necessarily because of solid fundamentals. Remember GameStop and AMC? Yeah, that kind of hype can be a double-edged sword.
In a bull market, everyone’s feeling all warm and fuzzy, but that doesn’t mean we should throw caution to the wind. Following the herd can be risky business. Sure, the market looks rosy right now, but investing should be more about your gut and due diligence, not just chasing whatever’s hot.
Would I buy these stocks in a bull market? Maybe, but with a lot of caution. It’s all about balance—don’t put all your eggs in one basket, and keep an eye on the fundamentals. The bull market might continue, but it’s always wise to be a cautious observer.
What do you think? Are these gains too good to be true, or are we riding this bull market to the moon?