lundi 17 août 2020

 It is not only the TESLA stock which is advancing at an unbelieveble speed these days. Other high cap stocks do the same. Here are 2 I'm watching closely.

Amazon; in a span of a year (even less), it did double in value. That is not without importance as this is a very large market cap stock (> 1$ trillion). This is a huge bubble (oh, it can triple again, that is not impossible).

AMAZON stock bubble

While I can read that Amazon is a "stay-home" stock (a sort of crap story by WallStreet so you buy the stock no matter the price), I see NVIDIA stock doubling in 5 months. Probably stay home stock as well as people get free money from the government to not work and play video games. Oh, I know NVIDIA is not only video games, it is also artifical intelligence disruptive bullshit! Those words can make one look intelligent right? I'm going to tell you a secret; this stock is a huge bubble. Then again, it can go to 100.000$ a share, perfectly possible because it's AI.

NVIDIA stock bubble


How nice isnt it?


Aucun commentaire:

Enregistrer un commentaire

Is Nikola a fraud?

Most of you probably did see the report from Hindenburg Research which has detailed evidence about the Nikola company being a complete frau...