Can the hype surrounding AI keep boosting the performance of Palantir Technologies (PLTR) shares, or is it time for the stock to pull back?
Since the stock began trading on September 30, 2020, it has gained about 160%. Over the past year, it has returned more than 185%. To put this into context,
Dan Zanger is a revered name among traders. His legendary story of turning $11,000 into $18,000,000 over the span of a year and a half is not one we’ve been able to corroborate but regardless his profitability has not been questioned because his approach to trading is time-tested.
What Dan does that few academic finance professors would advocate is to put most of his eggs in a very few baskets.
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Billionaire Bill Gates doesn’t follow the pattern of investing that esteemed academics recommend. Any Ivy League business school in the country will advocate for diversification, so why then does Bill shun the advice of academics and put all his eggs into just a few baskets?
One answer is that it’s precisely the approach that made him rich.
» Read more about: Billionaire Bill Gates Has $21 Billion In Only 2 Stocks »
Sometimes if you can’t beat ’em, you just have to join ’em. That might well be the case when it comes to Nancy Pelosi’s investment portfolio.
In online forums, her extraordinary outperformance has received enormous attention. How did Nancy Pelosi generate so much wealth on a politician’s salary is a common refrain.
Recently,
Warren Buffett’s transformation of Berkshire Hathaway from a struggling textile firm into a powerhouse conglomerate is legendary, illustrating the quintessential investor’s dream. Last year, Berkshire Hathaway celebrated a record-breaking profit just shy of $100 billion.
Now a nonagenarian, Buffett remains at the helm and his investment moves always draw significant attention. But Berkshire’s vast cash reserves are also a prime money-maker these days.
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The crypto hype seems to be long in the distant past, eclipsed by buzz over artificial intelligence and machine learning.
But perhaps the nail is not yet in the coffin of the most high profile of all the cryptocurrencies, bitcoin. Recently, some well-known traders have been announcing their entry in the digital coin,
Oh gee, not only do bulls have to worry about how the CAPE index has risen above 30, historically a signal of an impending market correction. And not only do they have to be skittish about Nvidia hitting a $2 trillion market capitalization, leaving Meta and other Magnificent 7 stocks in the dust on valuation,
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Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks.
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Technical charts are littered with examples of historical comparisons. Is the most recent bullish run-up in the S&P 500 similar to the 1929 peak? Is the hype around AI similar to the buzz around the internet in 2000? Is the soaring Nvidia stock chart akin to the bull run in Cisco 24 years ago?
It’s hard to tell looking at a stock chart alone whether history will repeat or simply rhyme,
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Some stock market indicators are better than others but have you heard of one being perfect for over a century? If the cyclically adjusted price-to-earnings ratio, better known as CAPE, is to be believed, then the markets could be set for a rocky road this year.
Unlike traditional PE ratios, the CAPE figure factors in inflation and smooths the peaks and troughs of unforeseen or surprising events –
