Hype around NVIDIA never stops. All reports and analysts are guessing the future which is not seen . AI adoption is going to be a Big Bubble . Investors should not chase insane valued stocks
Looking Scarier for US economy and artificially pumped markets over last 2 years
US 2024 Budget Deficit Forecast Jacked Up by 27% to Nearly $2 Trillion
Ukraine aid, student loan plan help add $400 billion to gapFDIC seen struggling to recoup recent bank failure paymentsThe nonpartisan Congressional Budget Office ramped up its estimate for this year’s
$(.IXIC)$ Overbought levels and high forward valuations . Higher interest rates are here for longer. FED clearly saying one cut at the most by year end. With elections looming, Mr.Market can get highly volatile with downward pressure .
All Big boys bought at low of April and ready to offoad now. Who will catch falling knife ?
Tech Stocks See Biggest Weekly Inflows in over 2 Months as Megacaps Stage Comeback
U.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam by the end of May, strategists at BofA Global Re
Markets will react to this. Seems June is going to be interesting .
Trump Is Guilty on All Counts in Hush-Money Case. Now What?
A jury in former President Donald Trump’s criminal hush-money trial took just two days to reach a historic verdict: guilty on all 34 counts.The outcome is a win for Manhattan District Attorney Alvin Bragg, who was the first prosecutor in the country to file criminal charges against the former president. The case is the only one of four criminal trials Trump faces that is likely to wrap up before the November presidential election, in which he is the presumptive Republican nominee. Here’s a rundo
Hype has started busting. There is no real monetary gains from actual AI applications yet other than hyped chip manufacturers getting orders to build AI chips. OpenAI hype ended with ChatGPT and none talks much about that these days. So none knows what the actual AI Biggest game changer application and how much revenue /profits it might generate. Suggest to stay away from market as this is election year and anything can change!!
Whatever the Technicals it may be, current situation on world is extremely fragile with long ward, high oil prices, soaring inflation and hence higher interest rates. All $NASDAQ tech stocks would be under selling pressure for a good bottom. Dont try to dip buy as this time none knows bottom. Let the dust get settled first
Apple's Technical Climb To $240 By Year-End
Apple Inc. remains under pressure amid soaring headwinds of regulatory pressure and iPhone saturation.iPhone sales are under pressure amid stiff competition and a depressed upgrade cycle in China.The