– S&P 500’s price/sales now = dotcom ATH of 3.7x
– $NVDA market cap close to India’s 2023 GDP
– $BRK cash % of assets 65% now vs 52% in Q1 2000
– $TSLA was 2.6% of Top 15 carmakers 2023 unit sales
– $TSLA market cap now 34% > Top 15 combined
Pls don't leave out $MSTR..
In Y2k also..
Star performer.. pic.twitter.com/ExiPeTTEXD
— 17 – The Furu of The Great Furus (@Quantum_Dine) November 12, 2024
ALERT: S&P 500 has officially closed above 6000 points pic.twitter.com/ZCE3O2rFZo
— Bravos Research (@bravosresearch) November 12, 2024
What happened in 2021 is that the end of year rally in 2020 spilled over into the new year and made its high in early February. Then momentum stocks pulled back to the 200 dma and made another run. However, this time they ran out of gas before year end.
Everyone assumed they had… pic.twitter.com/apJaPguSLd
— Mac10 (@SuburbanDrone) November 12, 2024
This year is playing out shockingly similar to 2021.
Complete with clueless pundits tripping over each other to raise their end of year Ponzi estimates. pic.twitter.com/R9xWxgE1bL
— Mac10 (@SuburbanDrone) November 12, 2024
The Bitcoin 'dome' awaiting the monthly close to confirm a big breakout #Crypto #Bitcoin #Altcoins #Blockchain pic.twitter.com/ozdzUb7m13
— Northstar (@NorthstarCharts) November 12, 2024