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Feb 21, 09:56 PM
Politics

Nasdaq $QQQ Futures Reverse Post $NVDA Earnings, PE Ratio at 103 Sparks Caution, AI Bubble Speculation

Authors
  • Keith McCullough
  • Special Situations 🌐 Research Newsletter (Jay)
  • Wuhan Blitz Primary Swan
4

Nasdaq $QQQ futures reversed after $NVDA earnings, leading to concerns about a short-term top. $NVDA's high PE ratio of 103 raised caution among investors. Despite this, some see $NVDA at beautiful levels. Speculation arose about an AI bubble following $NVDA's surge.

Written with ChatGPT (GPT-3).

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