By rage, I mean 1-2% higher. The losses from yesterday have been absolved. You may now sashay throughout Wall Street, walking in distinctive curves, as to avoid leaking your natural essence and buy as many tech stocks as your black heart desires.
Valuation?
Who cares?
Have a look at the p/s ratio for NVDA, compared to the past 12 years.
Now that’s what I call “NOT OVERVALUED”. Hello.
As for me, I’m doing quite well, thank you very much. I am long IMAX and that motherllama is terrorizing short sellers today, up more than 7% on ‘news.’
Some of today’s bigger tech winners include LITE, AAOI, OLED and VECO. It’s just an all around splendid day. For the life of me, I cannot think of a single reason to sell stocks. Nothing, and I mean nothing, can stop stocks from heading higher today. It’s virtually impossible for a sell off to occur, at around ~10:30am lasting through 2pm. That would be folly.
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“Leaking your natural essence.” LOL
Just think, had it not been for me, you never would’ve known about WEBSTER EDGERLY
https://en.m.wikipedia.org/wiki/Ralstonism
Yesterday I told you not to panic:
https://tinyurl.com/y8bwquvl
today, I tell you to take it easy and tomorrow I will recommend you panic and sell…rinse repeat.
Come on guys, it’s all rigged bullshit game. You dont need models and AI for these centrally planned markets. The real panic comes when the usual synagogue suspects at the FED (with the help of PPT) pull the plug for political reasons and when all insiders are positioned to benefit from plunder of the clueless plebs. Until then it’s all optics….my 2cents.
“Valuation” LOL
Amazon aside, please describe what stock has not adhered to valuation metrics over a time period longer than 1 year
pets.com & boom.com
I wished I owned NVDA all of 2016.
Summer of Chop
which one are you in the photo of this post?
I’m the guy that paid for it taking the picture.
We all pay for it some how