Is Alteryx a good investment?

DECEMBER 6, 2020. We’ve been trading our asses off. Jesus Christos. How hard can it be to spot a hold at a price? Harder everyday. Why? Valuations. Repeat “multiple expansion,” atop a troubled economy. And how does that end? Fugly, every fugly time. “Hunt the beaten down cyclicals” you say? “Build a barbell” you say? Well, of course.
That approach says balance lockdown plays with recovery plays. Uh hum. Why do you suppose we’ve just covered Ford and GM?
This story’s simple. Narrow markets, such as we’ve had for months, squeeze money into the few plays that are working. Think the mega-caps, Tesla too. Those monster runs are a bit chasey and slippery anti-trust questions now.
And the already hot cyclicals and remaining lockdown plays? Multiple expansion. And what’s that? Inflated share prices residing on fixed fundamentals. Who pays up, and again, for the exact same earnings? Absolutely everyone. That changes when earnings come in light. Oh boy. And what does that look like? Fugly, sudden, rude.
Did we mention–we’ve been trading our asses off? We’re investors and that means trading too. That’s what we do. And we’re “Being Paid in Waves. Day Trading Alteryx.”