The AI Craze Things have been -To The Moon - Tiger Brokers Online Investing Community - To The Moon

The AI Craze

Things have been incredibly good for a few tech stocks. Hitting new record highs almost on a daily basis. Good for them.

Except that it is not so for the majority of counters in the S&P500, DOW or even Nasdaq.

This means that the values are being confined to a handful of stocks. And this lopsidedness is worrying. Not sustainable.

We saw this happen in 2020 when a handful of "Internet" stocks were sucking up liquidity from the rest of the markets. And we all know what happened when the bubble burst.

We don't know when, or even if this time the burst happens again. But we need to be aware and watchful and make our own calls. Take control of your own destiny. Don't let FOMO mentality determine your fate.

Steve Eiseman of The Big Short fame was refently interviewed in a finance podcast. Look it up. Agreed or not, just watch and decide for uourself.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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