I know you have a lot of biotech exposure just coincidentally the company going public right now all that noise while Jenny was trying to get her point out a biotech company going public just now um you have a lot of biotech exposure Joe's talked a lot about biotech is that the place to go considering some of this turbulence we're seeing in the market >> well it's been a great story obviously year to date uh Frank you know XBI is up I think 20% the the IBB which I have exposure to is up around 19 I think pa ...

Cathie Wood reconfirms the Price target for Tesla in 2030 of $260090% of this valuation is based off robotaxis and no humanoid robots baked In https://t.co/XUAPM5RaOf ...

Obviously, there are some questions about the valuation side of it. Um, to Dan's point, and it looks like one of the people hinting in that direction is one of the people who made his name during the financial crisis. >> Yeah, Michael Bur, the hedge fund manager who called out that 2007 financial crisis and the collapse of the US housing market back in 2007, has now put a sour note on this AI trade.perhaps one of the biggest calls on this bubble race that we've gotten so far that kind of puts a little realn ...

Walmart is on track to join the “elite” crop of companies with a trillion-dollar valuation after its announced partnership with OpenAI powered the stock to a record high, according to Mizuho analyst David Bellinger https://t.co/GDgWw9jCJB ...

Market Sentiment & Valuation Concerns - Some analysts see parallels between the current market and the market of October 1999, suggesting a potentially similar trading strategy [1] - Concerns exist regarding stock market valuations and the AI trade, particularly the speed and valuation levels of the market's movements [7][8] - Market participants express weariness and concern about stock market valuations, indicating potential jitters [7] - Despite overall concerns, some argue that negative or nervous sentiment can be a bullish sign, as the opposite of prevailing sentiment often occurs [10] Economic Indicators & Investor Positioning - Traditional sentiment indicators are mixed, with the American Association of Individual Investors showing subdued sentiment, while Conference Board data indicates some froth among retail investors [11][12][13] - The absence of CFTC data due to a government shutdown makes gauging institutional investor positioning difficult [11] Comparison to the Tech Bubble - While some valuation charts resemble peaks seen in past markets, particularly for the S&P 500, top 10 names in the S&P 500 or NASDAQ 100 are not quite at tech bubble highs [3] - The current earnings environment differs significantly from the tech bubble era, with more substantial businesses and less reliance on speculative metrics [4][5] - During the tech bubble, many companies raising billions of dollars were essentially "fake companies" lacking real businesses [5] Potential Market Trajectory - The market could experience a significant rally in the short term before potentially reaching a top [9] - The key is whether the productivity impacts of AI will take time to materialize, potentially slowing down market momentum [8][9]

Pharmaceutical Sector Analysis - The pharmaceutical space has been under pressure, leading to cheaper multiples [1] - The industry is attractive due to its lack of correlation with AI and strong balance sheets [2] - Healthcare sector positioning is underweight, providing sustainability [3][4] - Medicare's low percentage of revenues for the sector makes government negotiation a win [5] - Valuations of many companies are at multi-year EPS relative value [6] Company Specifics (Fizer) - Fizer's deal with Metera and mid-stage readout of the long-acting GLP1 drug are turning points [7] - Fizer has allocated 70 billion USD for R&D and capex spend [5] Market Dynamics - Generalist investors are overweight in technology and may rotate into the pharmaceutical space [10] - The market doesn't care about a government shutdown [14] Valuation - Bristol is trading at 85 times next year's earnings, and Merc is probably about the same [9] - Giving Bristol a 12 multiple quickly makes it a 72 USD stock, and Merc a 120 USD stock [9]

We start off with big moves in big tech here at home and halfway around the world. Nvidia, Micron, and AMD among the biggest winners in the chip space as the AI RIP tries to get back on track. Data storage names like SanDisk, Western Digital, Seagate surging today, too.Meanwhile, China's AI stocks have been on a quite a tear this year. The Kweb jumping more than 2% today and nearly 45% since January, led by Alibaba, BU, JD, and more. Year to date, the K web has more than doubled up the triple Q.So, as we st ...

Live in three hours, we have quite the lineup of community members coming on to speak about the Dash ecosystem and its valuation.Thanks @DigitalGoldTalk for the opportunity, everyone tune in and learn! 💡Digital Gold Talk (@DigitalGoldTalk):Join us today for an AMAZING show on $DASH We will discuss tech and value with some of the top DASH community leaders. ...

Market Trends - The market is shifting towards speculation rather than ownership of assets [1] - There's a growing trend of "perpifying" everything, indicating a desire to speculate on valuations instead of owning the underlying assets [1] Company/Project Specifics - Plasma's XPL token (ticker: XPL) experienced high pre-market trading volume of approximately $100 million on Hyperliquid [1] Strategic Implications - The platform that facilitates speculation on a wide range of assets is likely to succeed in the current market environment [1]

Market Sentiment and Consolidation - The market is consolidating after gaining 28% from the April lows, digesting those gains [1] - August is typically a period of lower liquidity, contributing to market consolidation [2] - The market is in a wait-and-see period, awaiting the Federal Reserve's interest rate decision in September [2] - Investor sentiment is cautiously optimistic, with many having missed reloading on stocks after selling during the April downturn [3][4] Valuation and Earnings - Fundamental investors are using valuation as an anchor, despite the market facing multiple stress tests in recent years [6] - S&P earnings have grown despite significant economic challenges, suggesting a potential rerating of the S&P [6][7] - The market's multiples may continue to drift higher [7] Speculative Stocks and IPOs - The limited number of IPOs in recent years has created scarcity, driving up the prices of newly listed stocks [9] - Bitmine's value can be assessed based on its Ethereum holdings, which have increased significantly [10] - Bitmine's Ethereum holdings have increased from $4 per share to over $25 per share [10]