I'm bullish in this market but all these perma-bulls here what were they doing in 2022? Were you doubling down every time the NQ went down another 10%? You will get wiped out with this strategy for certain in a heavy bear market.
Well NVDA went from $94 to $141 in just a few short weeks after the split. Broadcom doesn't have nVidia levels of revenue gains so I would guess it won't go up more than 10-15%. It will bring in a lot of option volume since at $170 it will be cheaper to buy options than at $1700. The most parabolic semi stock move was ARM, it went from the low $90s to almost $170 in like 3 weeks (on the back of its inclusion into the S&P 500 index).
End of 2022 those lead tech stocks were down huge, I remember Facebook down below 100 and tesla falling as if they were going bankrupt. Then like magic in early 2922 they sprung back up and never stopped ....its been one continuous run straight up for all tech ever since December 2022
Oh look the U.S. stock indexes are setting another all-time high.....SHOCKER $$$$$$$$ So easy making free money$$$$$$$$$$$$$$$$$$$$$$$$$$$$4
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Imagine if the nasdaq was down 20% year to date?? The fed funda rate would be under 3% if that was the case.
At the trajectory we are moving at and zero fear in the market and the same exact stocks moving up each and every day the nasdaq will be at 32,000 by end of 2024!!!!!!
Everyone's retirement account is literally just handing people early retirement. At the rate stocks are moving millions of people will be retiring early....why work when your portfolio is going to be up a massive 20 to 30% a year for the next 4 or 5 decades. You don't even have to worry about anything...your retirement account will pay for anything and everything.....
52 week highs MSFT AAPL Google Amazon Facebook Oracle Walmart Costco TSM As long as they can push these stocks up just 1 dollar a day you will see continuous after continous new highs. And if one doesn't participate say apple they will make up for it by pushing up msft higher to offset the negative in apple. Look at Facebook today. These stocks are moving up massively, we aren't talking market caps of 80 billion or 200 billion but 2 and 3 trillion. So the moves are extremely substantial.
There are perma-bulls like me, and then there are the far-right bulls like EqtTrdr, Rickshaw and V-0shape0. One remembers 2022, and what happened to the market in 2018 when Trump demanded all US-based businesses stop interacting with China. The others have goldfish memory and see only the short-term, and are circle-jerking on AI. When Trump is back in office, all that shit will seem like hiccups.