Even Compares to the crazist 2000 S&P500 is overvalued
During the holidays, I'll be holding onto cash. My target for the $S&P 500(.SPX)$ in 2024 is 5000.Considering the current market environment, especially the high valuations of tech stocks, there are still some uncertainties. Compared to 2000, the market today appears even more frenzied, with overall stock valuations surpassing those of that time.Then, there were many deeply undervalued value stocks in the market, whereas now, most of the passive holdings in the S&P 500 have reached 50%, reducing the capacity for price discovery. Additionally, it's challenging to find significantly cheap investments in traditional sectors, as highlighted in Buffett's recent annual report.Moreover, in 2000, there were some wildly sp
can only look for support around $814; $850 just won't hold
$SUPER MICRO COMPUTER INC(SMCI)$ What's my take on the stock offering? It seems like a clear distribution of shares at a high level. Once we break through the green box, we can only look for support around $814; $850 just won't hold.
The emergence of Sora presents a significant challenge for . Tesla's core value proposition lies in its autonomous driving technology, heavily reliant on AI and machine vision, which has earned Tesla the reputation of being an AI company. However, Sora, functioning as a real-world simulator, facilitates the implementation of AI for autonomous driving by more companies, potentially narrowing the technological gap with Tesla. With a bearish gap open due to a downgrade, my next support levels are at 160.92, though they're not highly refined. There won't be upside potential until the 172.38-174.53 zone is regained. TSLA has been the worst-performing stock in the S&P500 for 2024 so far.As for my confidence in Tesla, it depends on how the situation unfolds. If the s
The emergence of Sora poses a major challenge for $Tesla Motors(TSLA)$. Tesla's autonomous driving technology, which relies heavily on AI and machine vision, is at the core of its value proposition. This technology has also earned Tesla the reputation of being an AI company. However, Sora, as a real-world simulator, will enable more companies to implement AI for autonomous driving, potentially narrowing the technological gap with Tesla.
YouTube TV is among the most successful live OTT services around.Over-the-top (OTT) streaming offering YouTube TV has reached a milestone of 5 million subscribers and trial customers, making it one of the most popular nontraditional live TV services in the U.S. Owned by Alphabet $Alphabet(GOOG)$ , five-year-old YouTube TV has differentiated itself from the competition with unique features such as a cloud-based DVR, real-time statistics for live sports, and more.Now that an increasing number of people are cutting the cord and moving to internet-based television, here why this might this be the right moment for Alphabet to break YouTube TV out as a stand-alone operation.YouTube TV succeeded where Google Fiber failedYouTube TV is not Alph
$Gaotu Techedu Inc.(GOTU)$ I personally favor GOTU over $TAL Education Group(TAL)$ and $New Oriental Education & Technology(EDU)$ because a smaller company can turn the tide faster than a bigger company. Titanic vs speedboat. Also is GOTU purely online and can change because of that very fast. And the beauty of all, GOTU already changed their bussiness and got 2 profit quarters
The struggling streaming service might be able to reignite growth in an increasingly competitive industry.While Netflix $Netflix(NFLX)$ was thriving for many years before 2020, the pandemic -- which forced people to stay inside and find ways to entertain themselves -- was a major boon for the business. But recently, as economies reopen and things return to normal, the company is struggling to achieve the impressive growth to which shareholders are so accustomed.This top streaming stock needs to find a way to turn its prospects around, and advertising might be the answer.Netflix is facing a new realityIt has been widely reported that because of shutting off its service in Russia, Netflix ended up losing 200,000 subscribers in the f