feels exactly like 1999. I don't know whether we'll actually replay it exactly, but I think all the ingredients are in place and certainly from a trading standpoint, you have to position yourself like it's October 99. Um, I don't see why you would do anything but that.All right, but what's also making new highs today are the smaller cap stocks. the Russell 2000 finally breaking out recently and known no one knows more about that. Lori Calvosina, head of US equity strategy at RBC Capital Markets.Let's talk a ...

pulse. Karen, you actually made a trade based on yesterday's game. Yes.The PPH, which was the the Vanax big cap pharma. You know, it's been interesting. The space has been under pressure for so long.And it, you know, the multiples while they were cheap up here, they just kept getting cheaper and cheaper and cheaper. We know Tim and my Fizer just my Fiser now. We are all Fisers now.Yeah. But I think um you know, it's an interesting space. you do have this catalyst in that yes there's a deal that it sounds li ...

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]

Market Valuation & Expectations - The market initially overreacted to potential economic downturns, then swung too far in the opposite direction, expecting overly positive outcomes [1][2] - The market's current valuation of certain secular growth stocks, particularly the "Magnificent Seven," may be unsustainable given economic realities and company earnings potential [3][4] - From April 8th, the Mag 7 stocks initially lost almost 20% of their market cap, then recovered and added trillions of dollars [3][4] Economic Outlook - The economy's performance has been better than initially feared, but not as strong as recent optimism suggests, leading to market volatility based on fluctuating reports [5][6] - Economic reports are expected to continue fluctuating between optimistic and pessimistic views, causing market whipsaws [6] Nvidia's Valuation - Nvidia's valuation is currently receiving a "super premium," with market expectations potentially exceeding the company's ability to deliver [8][9] - Nvidia is projected to generate $250 billion (a quarter of a trillion dollars) in revenue next year, with half of that becoming net profit [7]

Valuation & Market Performance - Nvidia's market capitalization hits $4 trillion for the first time [1] - Among AI stocks, Nvidia's valuation appears relatively cheaper [2] - The market initially reacted negatively to Nvidia's previous quarter performance [1] Supply Chain & Geopolitical Factors - Nvidia has effectively eliminated China from its sales forecasts due to sanctions [2] - Supply constraints for Nvidia have eased significantly [2] Industry Trends - The strength of the semiconductor industry is broad-based, not limited to Nvidia or mega-cap companies [3]

Group 1 - The article initiates coverage on Ulta Beauty (NASDAQ: ULTA) with a Buy rating and a price target of $432.81, highlighting it as the largest dedicated beauty retail network in the U.S. with over 1,300 stores and strong digital channels [1] - Ulta Beauty offers a range of products and services including cosmetics, skincare, salon services, and private-label products, indicating a diversified business model [1] - Moretus Research employs a structured framework to identify companies with durable business models and mispriced cash flow potential, focusing on U.S. public markets [1] Group 2 - The research emphasizes rigorous fundamental analysis combined with a judgment-driven process, aiming to provide clarity and actionable insights for investors [1] - Valuation methods are based on sector-relevant multiples tailored to each company's business model, emphasizing comparability and simplicity [1] - Moretus Research targets underappreciated companies undergoing structural changes or temporary dislocations, which can lead to asymmetric returns for investors [1]

Group 1 - Celsius (NASDAQ: CELH) has experienced significant volatility, gaining and losing almost three times its current value over the last couple of years, yet it has emerged stronger than ever before [1] - The company is well-positioned for future growth, indicating a robust recovery and potential for further expansion in the market [1] Group 2 - The article emphasizes the importance of informed, data-driven decisions in investment strategies, highlighting the need for thorough research and analysis [1] - The author expresses a commitment to sharing insights and analysis with a broader audience, contributing to a community of investors [1]