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What's The Global Liquidity Picture Signaling | Weekly Round Up

Inflection Point

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Nvidia Gains Market Cap in One Day

Nvidia gained more market cap in one day than 472 of the companies in the S&P 500. Nvidia at a 938 billion, it is closing in on a trillion dollars of market cap. Tesla's down 55% from the peak and it's going to go down another 50, 60% from there. The company makes $1.4 billion in profit. But you can't pay hundreds of times earnings for a stock.

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