There’s one hot sector which is so speculative that it makes AI investing look like the most prudent and conservative decision since T-Bills, and the name of it is………

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There’s one hot sector which is so speculative that it makes AI investing look like the most prudent and conservative decision since T-Bills, and the name of it is………

I came this close to actually breaking down and buying into the quantum computing sector yesterday. If that’s not the sign of a top, I’m not sure what is. Here are some of the more heavily-traded issues in this $0 revenue, nothing-but-losses, totally-unproven-technology sector:

I couldn’t help but notice the island reversal pattern that just took place in the semiconductor sector.

Remember quantum computing? It was a white-hot sector oh, about a week ago, and although it has retained almost all its massive gains, the shiny new pebble of crypto have distracted the short-attention crowd of traders. It’s a bit surprising this sector went so bananas, since the technology is FAR from complete (and revenues, to say nothing of profits, are many years away, at best) but – – it is what it is.
