Themailhag

Themailhag t1_je8gp7r wrote

Its only up “recently”because of the fed money injection. Sure it was uptrended but not like this. Point is that money will rotate out. And nvda is vastly more over priced now than back when it ran up to 340. It wont hit 340 during this rally. The question becomes what is that magic top number? 272? 280? 300? And once investers realize the rug is coming you’re going down very quickly

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Themailhag t1_je8ej19 wrote

Thats because the fed isnt usually stupid enough to turn the printers back on for a weekend, only to continue tightening. Basically they wanted to break the middle class and they broke the banks instead. Or more likely found another way to steal from us along the way. End result, were green right now only because of the cash injection

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