In my home country, Austria, stocks and the market are almost never discussed in public media. So when they do, I usually take notice. In the past, I observed that when these papers start writing articles about stocks, usually when markets are crashing, it is a good signal that a bottom is near, since they only start writing when most damage has been done. They won’t notice before…
Today I saw an article from our public media company about the demise of the big 5 internet giants (MSFT, AMZN, etc). The author opined that growth will come to a halt in 2019 and made comparisons to the 2000 tech bubble - which I found quite ridiculous.
As most people here, I don’t try to time the market. No one knows what will happen and neither do I. However, this „public media company that knows nothing about stocks reporting about markets“-indicator has served me well in the past, so I wanted to share it with you.
No matter how you look at it, I think it’s save to say that today is a much better time to buy stocks than it was in September. It’s great to have someone knowledgeable like Bert reassuring your investments in a timely manner when it’s needed most. That is what you will get + world class research and very enjoyable writing when you subscribe to Bert. So I would also urge anyone interested in the enterprise IT sector to subscribe to Bert‘s Ticker Target. Very much worth it!
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