NVIDIA is up +15.8% just this past week and +32.7% this past month, and now at $926 a share!
I think this AI melt-up madness ends when NVIDIA hits $1000 (another 8%, not long now).
This sort of sharp parabolic moves typically mark the coming end....when the fall finally arrives, and people no longer see a BTD (buy the dip) that they typically do, you'd see selling and selling begets more selling...and then terrible things happen.
The higher this US market goes unabated the higher the risk something BIG will go pear shape. When the market is no longer fearful of the Fed and a gradually sinking US economy, you'd have to start to worry. We have a new generation of investors/speculators who have not gone through a real recession. The last one we had, Governments gave out hand-outs, the next one we're on our own.
