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