Home » What an overbought market, endless negative signal this week

What an overbought market, endless negative signal this week

by admin

Jim Cramer in Squawk on the Street, June 30, 2022.

Virginia Sherwood | CNBC

Not a great setup. There are too many articles and posts about how we are overhyping AI and how there isn’t enough content to justify recent market moves.

There is no doubt that the market, in particular Nasdaqgathered endlessly on what amounts to the same information: Nvidia (NVDA) makes great cards; Adobe‘s (ADBE) their commissioning; so it is Platform meta (META) but we don’t know how; as Microsoft (MSFT), Alphabet‘s (GOOGL) Google and most importantly, Soothsayer (ORCL); but don’t forget Broadcom (AVGO) a Marvell (MVRL).

Source Link

Related Posts