Replies to post #381026 on SPDR S&P 500 (SPY)

[2018trader]

I was wrong about nvda looks like wave 3 continues upward for awhile from here unless that was a short wave 4 now 5 begins.

[imiloa]

spartex, agreed on all of that.
i'm in software industry, so i grok NVDA's market position.
just seems iffy to presume they will grow revenues 90x
over the next decade or so
in a world with millions working on AI dev,
with increasing use of AI to accelerate development.

time will tell how it plays out.
just seems irrational exuberance to me in the moment,
which, of course, is nothing new since the late 90s.