Most of us know that stocks can become overvalued when too many investors become overoptimistic about the prospects of the company.
just in time - recently invested in NVidia because of the described reasons :)
Well done :-)
I agree with the conclusion, but there is valid investing in “Momentum”. I do not have the skill to do it, but fair dos to those who do.
the herd = the tape. Don't fight it, but try not to get stampeded either.
In the case of NVDA, I just stick to a short moving average.
https://www.portfoliovisualizer.com/tactical-asset-allocation-model?s=y&sl=1tXkrMk86Rk4W03rVcshKl
do MSFT !
yep. A moving average, like any signal, is not an infallible one-size-fits-all tool. I apply the 3 MMA to what I perceive as AI bubble stocks, but as to what that includes, your guess is as good as mine.
just in time - recently invested in NVidia because of the described reasons :)
Well done :-)
I agree with the conclusion, but there is valid investing in “Momentum”. I do not have the skill to do it, but fair dos to those who do.
the herd = the tape. Don't fight it, but try not to get stampeded either.
In the case of NVDA, I just stick to a short moving average.
https://www.portfoliovisualizer.com/tactical-asset-allocation-model?s=y&sl=1tXkrMk86Rk4W03rVcshKl
do MSFT !
yep. A moving average, like any signal, is not an infallible one-size-fits-all tool. I apply the 3 MMA to what I perceive as AI bubble stocks, but as to what that includes, your guess is as good as mine.