/biz/ - Business & Finance

Anonymous Sun, May 28, 2023 14:36:05 No.55113235 [View]
File: 47 KB, 500x398, 20230528_153553.jpg [View same] [iqdb] [saucenao] [google]

>NVDA gained more market share last week than their entire historical revenue to date
>Semiconductor sector most overbought in it's history
>NDX outperforming SPX by historical amounts
>NDX at levels overbought comparable to 2000, 2018 and 2021
>Literally the worst possible macro environment ahead for tech/growth companies IE; restrictive credit and increasing unemployment.
>Entirely possible we get a credit downgrade that pushes up yields AND refilling of TGA that will also push up yields

I predict tech tranny apocalypse, maybe around quad witching June 16th.

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/biz/ - Business & Finance

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