Massive unbelievable stock gains in nvda are behind it...

[v-shape-0DTE]

Worthless NFTs were selling for almost $100 million each a few years ago.

Why cant 1 Nividia share sell for 1300 bucks?, sounds cheap to me

Sure why not be worth 32 trill? It's all monopoly money anyways

 

[S2007S]

Worthless NFTs were selling for almost $100 million each a few years ago.

Why cant 1 Nividia share sell for 1300 bucks?, sounds cheap to me

Reason it can't anytime soon is at 1300 a share it would be sitting on a market capitalization greater than the gdp of the USA....

So I highly doubt such a return at this time is plausible

 

[Businessman]

 

[S2007S]

Can I ask how does America keep inflation so perfect while nations like Zimbabwe and Venezuela have continued skyrocketing inflation??


Why can't their economic leaders come to America and have our federal reserve teach them about monetary policies. I just don't understand how we can have such a perfect monetary system with low unemployment and a stock market that goes up every single day and helps millions of people make free money. How can we teach other countries what we know so they don't have to print such large denomination dollars like 100 trillion dollars.

 

[murray t turtle]

NVDA trend looks still strong to the upside. They did try and take it down lower earlier but, looks like it has gone back up. I would hazard a guess that the bulls are supporting NVDA. Just my 2 cents. I think it could go much higher. I am long NVDA for the record.

%%
SAME here/
except NVDA/ top 10 position$ TQQQ[or swap$] QLD/ QQQ/ XLK trades as of 1:47 CST.
LOL /sorry since NVDA split/ most will not figure a $100 or $200stock or ETFs priced like that ''large number $'' LOL
Market are seldom wrong/ opinions\ are wrong all the time/even more so with super tech trend$. Wisdom is profitable to direct.......................................

 

[S2007S]

Sure why not be worth 32 trill? It's all monopoly money anyways

32 trillion.....haaaaaaaa


What would yearly revenue have to be to absorb that kind of market capitalization....

 

[nitrene]

Can I ask how does America keep inflation so perfect while nations like Zimbabwe and Venezuela have continued skyrocketing inflation??


Why can't their economic leaders come to America and have our federal reserve teach them about monetary policies. I just don't understand how we can have such a perfect monetary system with low unemployment and a stock market that goes up every single day and helps millions of people make free money. How can we teach other countries what we know so they don't have to print such large denomination dollars like 100 trillion dollars.

USD is world's reserve currency. That is the main reason. Another reason is those countries have no economy not based on commodities. And most importantly those countries are run by dumbfucks.

Venezuela thought they could force grocery stores to lower the price that Chavez wanted well the market doesn't work that way but an 80 IQ peasant of a leader is too stupid to understand that.

Zimbabwe thought executing white farmers was a great idea but then they had no one to run the farms and famine & hyperinflation ensued. Just another 80 IQ peasant running things for you.

 

[nitrene]

I'm pretty sure the top will be when the $9 trillion sitting in T-bills finally get deployed into the market. Or when the bubble threads end. That's when you should worry.