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Brothers, today is EXTREMELY EXTREMELY EXTREMELY critical!! First, the two parties will hold their 15th procedural vote tonight. If the result gets 60 votes with consensus, the U.S. government is expected to reopen soon. If it still doesn't reach 60 votes, the U.S. government will continue to be shut down. This is bearish for both the economy and U.S. stocks. Second, NVIDIA has filled all recent gaps. NVIDIA's most recent lowest gap: closing price of 182.16onOctober23,openingpriceof182.16onOctober23,openingpriceof183.84 on October 24. Today NVIDIA opened at 184.9,withalowof184.9,withalowof182.09. Third, BTC and ETH ETF funds have returned to net inflows. On November 6, BTC ETF had a net inflow of $240 million. On November 6, ETH ETF had a net inflow of $12.51 million. ETH ETF returned to net inflows for the first time after 6 consecutive days of net outflows. Today focus on the bipartisan vote!
Why is TODAY so critical? Let me break it down: 1/ This is the 15th procedural vote. In the previous 14 votes, GOP kept the bill unchanged. BUT today, they're making SYMBOLIC concessions π 2/ Example: Dems wanted healthcare provisions. GOP previously said NO. Now GOP says "we'll vote on healthcare AFTER govt reopens" - a small but meaningful shift π₯ 3/ They've also EXTENDED the temporary funding deadline β° 4/ The math: Need 60 votes for consensus GOP: 53 members Dems who voted YES: 3 Votes needed: just 4 more! π’ 5/ After 33 DAYS of shutdown, negative impacts are piling up. If 4 Dems flip tonight = govt could reopen within days! This is HUGE. Watch closely today! ποΈ
You can't just call it a bubble based solely on rising stock prices, right?! The P/E ratio equals stock price divided by earnings per share, which is suitable for reflecting bubbles. The P/E-TTM used here equals total market capitalization divided by net profit over the past four quarters, or equivalently, stock price divided by the sum of earnings per share over the past four quarters. NVIDIA's latest earnings report hasn't been released yet. As long as the most recent quarter's net profit exceeds that of the same period last year, the P/E ratio will be even lower than the current figure.
Is There a US AI Stock Bubble? NVIDIA $NVDA had a P/E ratio of 52.8 on November 7th, with a five-year high of 240 (July 2023 peak). Broadcom $AVGO had a P/E ratio of 87.16 on November 7th, with a five-year high of 229 (December 2024). AMD $AMD had a P/E ratio of 115.01 on November 7th, with a five-year high of 1,376 (July 2023). Microsoft $MSFT had a P/E ratio of 35.2 on November 7th, with a five-year high of 40 (July 2024). Google $GOOGL had a P/E ratio of 27.08 on November 7th, with a five-year high of 38 (April 2021). Amazon $AMZN had a P/E ratio of 34.16 on November 7th, with a five-year high of 323 (March 2023). META had a P/E ratio of 26.77 on November 7th, with a five-year high of 37 (July 2023).