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I wanted to catch up with some thoughts about seven key equity indexes.
Let’s start off with the NASDAQ Composite. We are near lifetime highs, thanks largely to the continuing NVDA/AI insanity. Once NVDA starts to break – – and it will break, mark my words – – it’s game over for the entire tech sector. There is no other.
This is a good example of how a company’s performance and its share price are not the same thing. This is regarding the Pets.com of the modern era, Chewy.com, which is a service I use regularly for all my dog food needs. First off, this is kind of amusing…….
Good morning again, everyone. I wanted to use the ruse of a market update as a way to sneak in an apology. As for the update, weirdly, my portfolio is actually doing all right. Incredibly, within minutes of the opening bell, the /NQ went red. I have closed nothing. So maybe even fake inflation data isn’t enough anymore. Today’s going to be dicey.
