#SP500 Topping Pattern 2000 vs. Topping Pattern 2025
Even a blind man can see this with his cane!
Not there yet. Likely to see Throw-over.
But soon.... and this time the Bubble is MUCH bigger. https://x.com/HenrikZeberg/status/1937795927097618513
Way back in Y2K, Cisco was the most valuable company in the world ($.55 trillion market cap). At the peak the company's price target was upgraded 2x based upon predictions the internet would continue growing 30% per year indefinitely. The prediction was half right, because internet usage did continue to grow exponentially. Sadly, the stock imploded and lost -88% of value.
"Nvidia shares plunged in late January when a new cheap AI model from Chinese startup DeepSeek prompted demand concerns for its AI chips. Then, the stock plummeted again in April as Trump's steep tariff announcements rocked the stock market."