If you want any sense of how unhinged and psychotic things have become, look no further than NVDA options and its volatility data. Anyone really think this is their stock’s future?
Market Values NVDA’s Future
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
PREMIUM: Never-Ending Liquidity
by Silver Singularity
Hi Slopers, time for another post and, boy, what a year so far!
Where to start? Well, NVDA I guess! What happened with that stock is the most mind-blowing thing I have ever seen so far, and I’ve been trading since 2012, even TSLA in 2021 wasn’t even close to being as impressive as this one.
The only thing I can recall that felt the same was Bitcoin in 2017 and 2021 but even if crypto is behaving like a risk-on asset it’s just not comparable to stocks IMO.
For some perspective about how strong that mania has become, at $973 on Friday NVDA was up 97% and a whopping $1.2T (almost) in market cap added YTD.
(more…)Vimeo Long
Here’s a nice basing pattern for your consideration: Vimeo (VMEO). The increasing volume lately helps.
An Impressive Rise
Grinder (GRND) shot up 6.66% as I took this screenshot. And, no, I refuse to look for graphics to augment this stock chart.
