Investors are confusing this for a blowoff when it is in fact the sound of a starting gun.
The market is telling investors who choose to listen that we are moving to next phase of the secular bull market.
This is literally the first inning.
https://t.co/1Zc3YH8NH2
๐บ๐ธ TESLA IS FORMING AN INSANE PATTERN RIGHT NOW.
The same exact pattern that sent $TSLA parabolic in 2012 is here once again.
The same Cup and Handle pattern, same breakout, same outcome is inevitable.
Most people will miss this entirely because of tech stocks.
Make sure you don't.
Fun and useless fact for those who think $TSLA is close to starting a big run. The entire 2020 moved started after the first day of June in 2019 (then it was June 3rd) where it just kept selling for no reason at all. That day it tagged a pivot from the 5 year base (180 pre split of the expansion move from 2013).
Today, after nearly 5 years we are tagging the 414.5 pivot YET again (for the umpteenth time) for no reason at all.
Everyone is focused on the wave of stock supply set to hit the market as the megacap AI IPOs begin to debut.
The bigger story may be what happens after they do.
By year end, investors will no longer be forced to speculate about the size of the AI economy or the pace at which it is expanding.
For the first time, the market will have concrete revenue, growth, margin, and demand data from many of the most important private companies in the ecosystem.
That information has the potential to completely redefine what qualifies as "high growth."
This record run in the markets is pricing in far more than most investors realize.
The coming wave of AI disclosures may expose a level of growth that makes many of today's seemingly aggressive valuations appear surprisingly conservative.
@OffDaHook35@OriolesFansSay this lineup has so much potential. Mayo, Holliday, Gunnar, Ward, Alonso, Basallo all have potential for 30+ home run seasons. Even Cowser if he gets going again. Same with Westburg when healthy.