“The AI boom and hype is strong. So strong that without the AI-popular stocks, S&P 500 would be down 2% this year. Not +8%.” – SocGen

This latest AI bubble is pathetic.

AI has been around since the 1950s, but today's dunces think it's brand new. pic.twitter.com/fCYKO7bnnp

— Mac10 (@SuburbanDrone) May 17, 2023

Any questions? pic.twitter.com/XLp1KesTGt

— Mac10 (@SuburbanDrone) May 17, 2023

"The AI boom and hype is strong.

So strong that without the AI-popular stocks, S&P 500 would be down 2% this year. Not +8%." – SocGen pic.twitter.com/1OyBPKHvyj

— Ayesha Tariq, CFA (@AyeshaTariq) May 17, 2023

Bulls should explain how the S&P 500 could be headed for new highs when the leading and most crowded sector isn't even at new highs. pic.twitter.com/2OtqGjeuYc

— Mac10 (@SuburbanDrone) May 17, 2023

Nvidia is up over 100% year to date.

It's up 97% since the last tag of the 50 day moving average.

Everyone is bearish. pic.twitter.com/U0XJlO7fvt

— Mac10 (@SuburbanDrone) May 17, 2023