Not exactly. Some stocks go up because the companies are making money, they also have retained earnings to re-invest, and they buy back dividends. Compare XOM to bitcoin this year.

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Hewlett Patterson Linkwater
Hewlett Patterson Linkwater

Written by Hewlett Patterson Linkwater

Anti-psychotic drug enthusiast. Author of “Channeling Hypomania in Aruba” and other stories. Creator of the Blackborow Station Podcast.

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