NVIDIA Corp (NVDA)

[Brokemillwright]

A little snippet from a new letter I get. They are cash heavy, and have 30% in strong high div stocks. Essentially saying we're in bubble land and to protect one's self

Sooner or later, investors are going to realize that cheap value stocks – like oil tankers and the other energy and shipping plays we watch – are the safehaven of this new cycle, not tech stocks.  (NVDA is up 20% in after-hours trading tonight after reporting quarterly results. A 20% move for a stock with a market cap over $700 billion--that's already doubled this year--is hard to justify on even the most bullish earnings estimates. Typical late cycle behavior.