Gotta love ZERO RISK in the SP500 = $$$

Uber will also be added to the index.

Daaaayyyyuuuuuuuuumm!

 

I still remember a similar 2 stock comparison back in '99:





It always ends badly.

 

I'm surprised a good website like Barchart would make such a worthless comparison. They should do a comparison of the trailing P/E. Cisco 1000+ nVidia 80, so according to their logic NVDA should go up another 13X before its as overvalued as CSCO was in 1999.

 

Does it really feel like a bubble ?? Where's the flood of IPO's ?

 

We already had them - remember all the SPACs? We have already seen speculation at a fevered pitch - crap stocks being bid up the moon, even bankrupt companies.

 

No way there is a real bubble without worthless stocks going public and puking within 6 months. SPACs were a 2020-2021 phenomenon. Reddit is going public soon so we'll know what stage the bubble is in. Reddit shooting to the moon a la WSB style means the bubble is just beginning.

Another lazy analysis by Barchart. Using 7 stocks as a gauge for the whole market? It completely ignores the meteoric rise of LLY, NVO and all the home building stocks.

 

Bubble or not doesn't matter. It will never end. You can call at the infinity bubble if you want. This thing is more unstoppable than anyone understands.

 

Cope hits new highs.

 

If that is true, the Dow is going to be volatile like no other.

 

Too many are still not on board the Free Money Train to the Land of Hopes and Dreams for this to be THEE Top.