It’s not like I didn’t say anything about how preposterous it was to rush into companies with no profits, no revenues, and no plausible technology. It’s just nonsense.

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It’s not like I didn’t say anything about how preposterous it was to rush into companies with no profits, no revenues, and no plausible technology. It’s just nonsense.

Even though the market was rocketing higher all-day Monday, the sector I mentioned before we opened that was looking vulnerable – – quantum computing – – continued to take it on the chin. I’m not sure why the public is suddenly turning their back on this highly speculative sector, but it’s ugly:

The stock market is like a bomb waiting to go off that never does. Or a messiah that never comes. Take your pick. The /NQ, in that spirit, has done nothing but climb since midnight on Thursday. The only hope for the bears at this point is a string of earnings shocks. I wouldn’t hold your breath.

Looks like the inexplicable passion for buying public companies with absolutely no profits, and virtually zero revenues, might be hitting some air pockets. Here are three quantum computing stocks whose breakouts seem to be, at best, faltering.

I’ve got to cogitate a bit before putting together content for this weekend, so I’ll just hurl a couple of infographics your way from the car sector. As for the first – – – maybe a pronunciation issue?
