News Formal

THE FINANCE GHOST: Have you herd?

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

Sverige Nyheter Nyheter

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?

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. ..

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 20. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Personal Finance | New website to track scams | City PressIn a recent press release, CMTrading chief trading strategist Fred Razak wrote that “the massively increased digitisation of the world means that perhaps misinformation is the greater cyber threat than a direct cyberattack, particularly to individuals who engage in online trading
Källa: City_Press - 🏆 7. / 72 Läs mer »

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.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »