Simply throw away those EPS calculation, NAV calculation ..... Trading and reasoning don't mix. When you trade stocks/futures, take some profit when the price moves in your favor. Leave some quantities behind because the price might go to the moon, Mars and beyond.
I'm fortunate to be in some of these Mag 7's. All long spread option positions, no shares. I've been rolling higher all along, taking some profits. This ballistic trajectory is new to me. It feels a bit like musical chairs. Waiting for the music to stop and hoping to have a place to sit. I have some hedges in place, but I'm still nervous, trying not to be greedy and blinded by it...
Nvda today including after hours has added another $50 bullion in market capitalization So to think of It like this. 1 day. Just 1 24 hr day nvda added an entire general motors...... An entire general motors with 167,000 employees.... Let that sink in for a moment!!!!
If you think NVDA has gone up a lot, check out SMCI since last week. Its gone from $310 to $530+. Oh and the Wedbush analyst said it was overpriced at $250.
The Stock market can stay irrational longer than you can stay solvent. Market could continue this bubble rally into 2025 and 2026. NDX 25,000 18 year bull market cycle from 2008. Then we get a 80% crash all the way back down to 5000.