How many of you bought NVDA 100 points ago and still own it? I bet all of you did, yes? I suppose we’re living through a tech renaissance where computing power, abiding by Moore’s Law, keeps doubling and with it the share prices of the underlying companies. But something changed a few years ago, didn’t it?
When Steve Jobs was at the helm, he’d pit these chip companies against one another — like rabid pitbulls in a cage — causing their margins to shrink and share prices to collapse. Ever since Apple passed $200 billion in cash, they started to become more gracious with their suppliers, permitting them to ‘get a piece of the pie’ and jog on with dignity. Personally, I don’t think Apple should show them any quarter, whatsoever, but instead offer them the black flag during negotiations.
“You either take this deal or your stock will get cut in half. Any questions?”
With a very rich Tim Cook and Apple, the tech world is all basking in each other’s glory.
Courtesy of Exodus, here are the other high tech growth stories outperforming this year. It’s quite a list.
Even contract manufacturers are seeing their margins explode. A personal favorite is UCTT, a direct play in the fast growing OLED market. No one knows for sure how long this detente will last, until the knives come out and pricing becomes an issue. With the $1,000 iPhone set to launch, I’m guessing there’s MOAR upside.
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Guess what? Several months ago I said the US stock indexes, had been weaponized.
Do you know how dumb, americans are, watching daily the exacerbation of financial weaponization?
#1 The djia&naz are programmed that’s proven. So uh. someone is doing it (bubble-stretching of equities)
#2 Guess what the handful of people doing it are saying: “I can’t believe how dumb americans are. We are literally weaponizing the stock market right in front of them”
L
O
L
How can you,
the dickwad observer,
not extrapolate that as plausible?
(watch the downvote. anyone downvoting this entry is demonstrating and literally validating its supposition)
please explain to the dickwad observer wtf you are talking about – how is the us stock index a weapon?
Lately our Showtime has been weaving the idea of Full Spectrum Dominance (FSD) into his gibberish about my beloved stawk markets. FSD is the idea that a gov’t and military can control all potential battlefields; be it the traditional ones on land and sea or more nuanced environments like space, society, the media, the economy, biology, and even the human mind.
It’s an interesting idea that the markets would be a subject of interest for the deep state/MIC/gov’t—I know I personally feel like I was kicked in the dick when my portfolio is down and vice versa.
the question then becomes, if the stock market is “weaponized” then why program it to keep going up “bubble stretching of equities” as showtime says…?
The glance at a valuation chart, as a ratio with a historical longterm timeline, shows the last 5-6+ years of equity increases are merely a standard classic boombust incline
People using the term ‘full spectrum dominance’ way, way before me. I found it relevant here.
If you have some, intellectual curiosity. I’ll suggest to you with all the technology we have and rigged systems people point to (government, politics, corporate, 1%, bigbanks, oil, etc), how is Wall st absolved and free from scrutiny?
When to a degree it should always be just the opposite, and was only several years ago the cliche greed corruption and bullshit Wall st cycles through.
You still haven’t really answered the question of why? Why keep bringing the price up as a “weapon”?
Stocks are cheap here and will be for quire awhile bc CB’s couldn’t manufacture inflation if they tried. You people bleeting on about “valuation” and “remember the tech bubble” are the contemporary versions of “back in my day”.
That sentiment is a component of bubbles. If you want to think that, Idc
Fly, have you not connected NVIDIA’s rise with cryptocurrency mining? Seems to me a huge driver of their demand and margins.
100 Points ago? $6.66 was the buy point 😉
The whole Solar Index chart just hit a new ATH as well. Go SOXL….