Lots of people have been contacting me about yesterday's stock market action.
After 3 years of confidently chanting "AI is not a bubble!!", I recently stated my belief that certain segments of the stock market have entered bubble territory... but I do NOT believe "the bubble" is about to pop.
First of all, capex spending forecasts continue to INCREASE. Industry giants which were hoarding cash and doing buybacks are now pouring trillions into the economy (and raising money to pour even more). This is a big tailwind for economic growth (and corporate earnings, if you didn't notice this past quarter).
Individuals have not yet tapped a meaningful percentage of what AI can do for their lives. Meanwhile, with the emergence of agentic AI, corporations are scrambling to see what it means for them (positively or negatively). So, they're spending on capex too. That's not a 3 month process. It's a massive investment wave, which is economically bullish.
Of course, many valuations have become stretched, but TBH I'm not God to know with surety which ones! It really depends on how much more AI has to offer... and its new capabilities have surprised me each step of the way (and I've been a bull the whole way).
It's true that a growing number of people are pontificating about "the end of the AI bubble" this week, but I've been hearing that for 3 years. Everyone's an expert.
Meanwhile, bigger/smarter entities (like GOOGLE) are putting their money on AI. If they didn't believe in AI, they'd stop spending and watch OpenAI, Anthropic, etc. blow themselves up.
I DO believe this will end in a bear market, but so what? It always does! Until then, you can count on Wall St to bang the drum until it breaks. They're all about the money, so they'll sell the story until the book bursts into flames... and then they'll sell THAT to the public.
Personally, I think the story remains very much intact. There WILL be bumps in the road (check out the crazy corrections that occurred in 1998/1999!), but as long as the big guys keep raising capex forecasts, I don't know how anyone can say this is over.
The money is flowing, just like in 1998 and 1999. The difference is that there's a lot more immediate ROI this time around. In 1999, I was the head of Investment Research at AMR Research (one of the world's top Software/Internet consulting firms on the planet) and personally saw RFIs and RFPs fall off a cliff in November of 1999. That foretold the end. QQQ was at $67. Four months later QQQ topped out...
...at $120.
Here in June 2026, we don't yet see signs of slowing spending. There ARE many people and corporations adjusting their spending, but there are also many ramping it up (mine keeps going higher and is more likely to double than get cut). This is why capex forecasts keep going up. That's the statistic that tells you what you need to know.
I'm not saying to let things blindly ride. Being cognizant of the potential for a bursting bubble is healthy. Just understand that bull markets take two steps forward followed by a scary step back.
Accordingly, IDK if this "correction" is over, but I doubt the bull market is.
_________________________
๐ฅ๐๐+ ๐ฒ๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO priority ideas closed at a loss since MAY... of 2024 !
Highlighted $AEHR @ 3, $NVDA @ 40, $MU @ 100, $ARM @ 100, $MRVL @ 70, $KRKNF at $0.60 (and dozens of other documented multi-baggers). ๐
https://t.co/DSgv7C1UfM
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All from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Lived one town from Roaring Kitty ๐น
$AEHR, $AVEX, $CLFD, $CRM, $CURI, $CXDO, $DELL, $DRSHF, $GEODF, $GKPRF, $IDN, $INFU, $IREN, $ITMSF, $IWM, $IZEA, $KRKNF, $KRMD, $MU, $NVDA, $OKTA, $OPTX, $SMCI, $TPCS, $TRAK, $TSSI, $TWLO, $VTSI, $WATT
A.I. (aye, I told you so) !
๐จ๐๐ญ๐จ๐๐ค ๐๐๐ฅ๐ค ๐๐ข๐ฏ๐ ๐ข๐ฌ ๐๐๐๐!!!๐จ
The 30-year Wall Street Technology & A.I. veteran who CRAMER PAID FOR PICKS is LIVE... NOW !!!
https://t.co/lnjDQ817e9
On last Friday's show, Money Mark identified $DELL and $TSSI as winners in the Anthropic / xAI data center deal... and how the market made the wrong move on $EVLV and $AVEX ... and BOOM! ๐ฅ๐
We've also highlighted $AEHR @ 3, $WATT @ 12, $NVDA @ 40, $MU @ 100, $ARM @ 100, $MRVL @ 70 (and numerous small cap A.I. multi-baggers)๐
Get today's A.I. update / picks + YOUR Q&A with our 1O,OOO global followers... NOW on Stock Talk Live! https://t.co/gKI6RpTIfx
๐๐ก๐ข๐ฌ ๐๐๐๐ค:
Could Chinese DRAM impact $MU and $DRAM?
Lessons from 1999... how to ride a bubble!
$WATT CEO buys MORE stock!
AI earnings roundup $MBD $DELL $OKTA $SNOW etc.
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO picks closed at a loss since MAY... of 2024 !
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Nailed $DWAC before it wasย $DJT
* Lived one town from Roaring Kitty ๐น
$AEHR, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $GEODF, $GKPRF, $GLD, $IDN, $INFU, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $TPCS, $TRAK, $TSSI, $TWLO, $VTSI, $WATT
Gave you $AVEX on the day it IPO'd (40 PT -- achieved!) and again on my weekly show Friday after traders wrongly sold it off after earnings๐ฅ๐
30 years of Wall Street experience at work. Direct link to my assessment
https://t.co/5infy1DL64
He also picked $AEHR @ 3, $WATT @ 12, $NVDA @ 40, $MU @ 100, $ARM @ 100, $MRVL @ 70 etc ๐
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
1O,OOO global followers
NO picks closed at a loss since MAY... of 2024! What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Lived one town from Roaring Kitty ๐น
$AEHR, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $GEODF, $GKPRF, $GLD, $IDN, $INFU, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $TPCS, $TRAK, $TSSI, $TWLO, $VTSI, $WATT
DO YOU UNDERSTAND WHAT JUST HAPPENED AT THE ENHANCED GAMES..
Peter Thiel and Donald Trump Jr. spent millions to create a steroid Olympics.
They promised to "redefine human limits" and put up $25M in prize money.
After 5 hours in Las Vegas, hereโs the scoreboard:
- 1 world record (not recognized by anyone)
- Thor Bjรถrnsson failed his 515kg deadlift (managed only 475kg)
- olympic sprinter Fred Kerley missed the 100m WR by 0.4s - without even taking drugs
- the only "record" came from a Greek swimmer who finished 5th at Paris 2024. He wore a supersuit banned since 2009 and beat the clean record by just 0.07s
the whole pitch was that drugs would shatter the limits of clean sport.
instead they proved the gap between juiced and clean is now 7 hundredths of a second - in a suit banned 17 years ago.
the only thing they actually proved was how good the clean athletes already are.
You think the Enhanced Games exposed anything or just embarrassed themselves?
Love it. ๐ช๐ฝ I did stuff like this until 2008. I was 38. I stopped because I had all the money I'd ever need and retired.
It bore fruit at larger companies too. $AKAM and $ORCL were among them. Wall Street firms paid for the information.
Funny, I just realized that the boiler plate below is two years old. It's been 17+ years since I started providing my picks for free online (originally vs. Seeking Alpha). 24 triples in five years there and 12 years of similar results for Wall Street firms before that, making this actually my 30th year of averaging over 40% annually invested capital.
I guess I should leave that boiler plate alone. Claiming 30 years of this will make me look like a liarโฆ and old! ๐ญ๐
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO picks closed at a loss since MAY... of 2024 !
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Nailed $DWAC before it wasย $DJT
* Lived one town from Roaring Kitty ๐น
$AEHR, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $GEODF, $GKPRF, $GLD, $IDN, $INFU, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $TPCS, $TRAK, $TSSI, $TWLO, $VTSI, $WATT
The $TRAK PR is bullish for every public company that is addressing FSMA 204 compliance, including $WATT $INVE and $AVY
TRAK PR -- https://t.co/Dm3UID0nD6
I've been hearing/saying FMSA 204 deployments are ๐ฅ๐ & there's tons of proof this week (exa. WATT / AWS deployments jumping from 5+ to 50+). https://t.co/gxatmfawSj
I'll update all of this on my YouTube show today & tomorrow. FYI, my last update on all players is at 46:32 of this vid https://t.co/owTwkvAbGW
FYI, today is Russell 2000 rank day. WATT / TRAK are both poised to be beneficiaries. This will spark forced buying and/or short covering in the weeks ahead.
For example, Raymond James says the requirement to get in is roughly $159M and WATT (currently at $180M) getting in will force institutions to buy 10% of its outstanding shares (mandatory) over the next 9 weeks.
My "priority ideas" list is currently 15 for 15, dating back to May 10... of 2024! These are REAL INVESTMENTS, NOT quick pumps (the avg holding period of these picks is 264 days).
Of course, not all of my ideas work. However, for the past two years, my priority ideas have been flawless, thanks to extreme discipline in utilizing elite professional research methods.
This is nothing new. I picked 24 triples for Seeking Alpha in just 5 years (2009-2014). This article celebrated #19 and included 5 other names that ALL tripled and/or got acquired. https://t.co/yl0Dz4QNUg
This is what happens when you combine research from REAL industry experts with REAL Wall Street analysis (not what the 1O,OOO clowns out there are trying to feed you). ๐ฅ๐
And it's ALL free... my way of giving back for the blessings God bestowed, enabling me to retire a multimillionaire 17 years ago at age 38 ๐๐ฝ๐
Catch you all at 2PM on this Friday's edition of Stock Talk Live !!! https://t.co/lnjDQ81F3H
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO losing picks since MAY... of 2024 !
What do you expect from the guy who:
* Guided Wall St thru the '99 bubble
* Cramer paid for picks ๐คฏ
* Was in the movie, "MovieCrash"!
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $BCHTD, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $IREN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT
BOOM! Picked $AEHR at $3, $KRKNF at $0.70, $DRSHF at $0.55, $TSSI at $3, $GSAT at $9 and introduced $OPTX at $5 (all documented)...but is it time to sell? Find out NOW!!!
๐จ๐๐ญ๐จ๐๐ค ๐๐๐ฅ๐ค ๐๐ข๐ฏ๐ ๐ข๐ฌ ๐๐๐๐!!!๐จ
https://t.co/lnjDQ817e9
๐๐ก๐ข๐ฌ ๐๐๐๐ค:
Have stocks topped out?
The latest on A.I. including $NVDA $TSMC & $ARM
$WATT short circuits the shorts
The $AVEX IPO !
Plus, YOUR Q&A...
๐๐ก๐ ๐๐ ๐ฒ๐๐๐ซ ๐ฏ๐๐ญ ๐ฐ๐ก๐จ ๐๐ซ๐๐ฆ๐๐ซ ๐ฉ๐๐ข๐ ๐๐จ๐ซ ๐ฉ๐ข๐๐ค๐ฌ ๐ข๐ฌ ๐๐๐๐ !
https://t.co/gKI6RpTIfx
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $BCHTD, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $IREN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT
$OPTX hit the top of my fundamental R/R valuation range (which is based on my operating model, which is based on an in-depth assessment of its capabilities and prospects).
Based on that, I said it was worth closer to 12 than 6... and here we are. Let the pumpers pump. I only care about fundamental truth & valuation.
More details on last Friday's addition of Stock Talk Live! https://t.co/lnjDQ81F3H
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO losing priority ideas since May '24!
What do you expect from the guy who:
* Sold picks to Wall St in the '99 bubble
* Was PAID by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Called $AEHR at $3 https://t.co/DSgv7C2s5k
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $BCHTD, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT
Still no response from them to my call out... because they don't actually know the $WATT story. They just start bear raids with no real research & hope enough suckers fall for it. Otherwise, they'd accept my challenge and try to make me look stupid in front of my larger audience.
Their approach works many times (because they target serial raisers), but it would work more often if they actually did real research... but TBH they don't have the expertise to know how. Their lead guy went to school for architecture, not stock analysis. ๐คท๐ปโโ๏ธ๐คซ๐๐คฆ๐ปโโ๏ธ
p.s. $AEHR also sold a lot of shares under an ATM this quarter and look at them. It's called expansion capital. It's called fundamentals. It's called RESEARCH... and very few people truly know how to do it.
๐จ๐๐ญ๐จ๐๐ค ๐๐๐ฅ๐ค ๐๐ข๐ฏ๐ ๐ข๐ฌ ๐๐๐๐!!!๐จ
TODAY... A NEW OFFICIAL A.I. PICK!!
The 30-year Wall Street technology and A.I. vet answers Q&A for our global audience of 1O,OOO investors... NOW on Stock Talk Live!
https://t.co/lnjDQ817e9
๐๐ก๐ข๐ฌ ๐๐๐๐ค:
Is the market safe now?
$GSAT acquired!!
A BIG win for $AEHR !!
Watt's next for the $WATT rollercoaster ride?
How did the $OPTX and $ITMSF earnings call go?
MORE A.I. stocks, news, & analysis!
Plus, YOUR Q&A!
๐๐ก๐ ๐๐ ๐ฒ๐๐๐ซ ๐ฏ๐๐ญ ๐ฐ๐ก๐จ ๐๐ซ๐๐ฆ๐๐ซ ๐ฉ๐๐ข๐ ๐๐จ๐ซ ๐ฉ๐ข๐๐ค๐ฌ ๐ข๐ฌ ๐๐๐๐ !
https://t.co/gKI6RpTIfx
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO picks closed at a loss since MAY... of 2024 !
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Nailed $DWAC before it wasย $DJT
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT
๐จ๐๐ก๐๐ญ'๐ฌ ๐๐ฒ ๐๐๐ ๐.๐. ๐๐ข๐๐ค?๐จ
Find out at 2PM, as the 30-year Wall Street technology and A.I. vet reveals the pick and answers YOUR Q&A with our global audience of 1O,OOO investors... on Stock Talk Live! https://t.co/lnjDQ817e9
๐๐ก๐ข๐ฌ ๐๐๐๐ค:
Is the market safe now?
What are the best A.I. stocks to buy?
Watt's next for the $WATT rollercoaster ride? Why was I targeted in the latest short report?
How did the $OPTX earnings call go?
All the latest A.I. news & analysis.
Plus, YOUR Q&A!
๐๐ก๐ ๐๐ ๐ฒ๐ซ ๐ฏ๐๐ญ ๐๐ซ๐๐ฆ๐๐ซ ๐ฉ๐๐ข๐ ๐๐จ๐ซ ๐ฉ๐ข๐๐ค๐ฌ ๐ข๐ฌ ๐๐๐๐ ๐๐ญ ๐๐๐!!!
https://t.co/gKI6RpTIfx
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO picks closed at a loss since MAY... of 2024 !
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Nailed $DWAC before it wasย $DJT
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $BCHTD, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $OPTX, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT
๐จ๐๐๐๐ ๐๐ก๐ ๐๐๐๐ค?!?๐จ
The weekly A.I. show starts at 2PM !!!!
* How will $SMCI impact $DELL and $TSSI?
* What are the A.I. stocks to accumulate now??
* Watt's next for the $WATT rollercoaster ride?? Did investors misinterpret the Q4 report?
The 30-year Wall Street vet answers all questions for his global audience of 1O,OOO investors at 2PM... on Stock Talk Live!
https://t.co/lnjDQ817e9
๐๐ก๐ข๐ฌ ๐๐๐๐ค:
A.I. stocks crushed... what's next for them?
Are $WATT and $OPTX buys here?
$VTSI earnings analysis
As always, the latest A.I. news & analysis.
Plus, YOUR Q&A!
๐๐ก๐ ๐๐ ๐ฒ๐ซ ๐ฏ๐๐ญ ๐๐ซ๐๐ฆ๐๐ซ ๐ฉ๐๐ข๐ ๐๐จ๐ซ ๐ฉ๐ข๐๐ค๐ฌ ๐ข๐ฌ ๐๐๐๐ ๐๐ญ ๐๐๐!!! https://t.co/gKI6RpTIfx
๐ฅ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐% ๐๐ง๐ง๐ฎ๐๐ฅ ๐ซ๐๐ญ๐ฎ๐ซ๐ง๐ฌ!!๐ฅ
NO picks closed at a loss since MAY... of 2024 !
What do you expect from the guy who literally...
* Sold picks to Wall St in the '99 bubble
* Was paid by JIM CRAMER'S funds!
* Called the rise/fall of MoviePass (& was in the movie!)
* Nailed $DWAC before it wasย $DJT
* Lived one town from Roaring Kitty ๐น
$AEHR, $ALAR, $AMPL, $ARAAF, $ATGN, $BCHT, $BCHTD, $CTLP, $CURI, $CXDO, $DELL, $DRSHF, $ECOR $GAIA, $GEODF, $GKPRF, $GLD, $IDN, $ITMSF, $IWM, $IZEA, $KRKNF, $MOB, $MU, $NVDA, $SMCI, $SNES, $TPCS, $TSSI, $VTSI, $WATT