News Formal

THE FINANCE GHOST: Have you herd?

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

An investor somewhere is converting rand to dollars at our worst exchange rate, all for the privilege of buying a stock like Nvidia at a record high. What could possibly go wrong? By FinanceGhost

We need to talk about herd mentality, particularly when a stock like Nvidia is up nearly 120% this year alone.

My favourite sentiment indicator is the ARK Innovation exchange traded fund vs the Nasdaq 100 and S&P 500. Year to date, $ARKK and the Nasdaq 100 are both up 27%, with the S&P 500 up only 9.6%. Tech is frothy again, driven by excitement around artificial intelligence. ..

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

THE FINANCE GHOST: Have you herd?An investor somewhere is converting rand to dollars at our worst exchange rate, all for the privilege of buying a stock like Nvidia at a record high. What could possibly go wrong?
La source: FinancialMail - 🏆 20. / 63 Lire la suite »

PHANTOM SHARES: The Finance Ghost: The lowdown on Premier, Reunert, Balwin and Tiger BrandsThere are two businesses on the JSE that could be shortened to ‘Premier’ — one of which is making money lately from squid and the other from bread and other baked goods. Yes, the JSE certainly offers variety.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »