To start off, this isn’t one of those “the market will crash posts”. I have no idea when the market will crash. I just want to say the type of growth we see today across many different sectors is different than anything we’ve seen in the past.
$SLV is up 45% in a month.
$RKLB is up 65% in a month
$MU is up 44% in a month
Silver, space, semi-conductors - 3 unrelated industries with little in common but the starting letter s.
Everywhere, people are saying how it’s “just beginning”. How the dollar is being devalued. How their thing is the “next big thing”. Even if it is, let’s take some time to take in the scale of growth. How sustainable is increasing 1.5x in a month? And this is not just one sector where stocks reflect the greed of investors, it’s 3 unrelated ones. And while this past month has seen extreme growth, there was a lot of growth in all 3 sectors leading up to this as well. I can’t help but think that this is increasingly a market driven by FOMO and hype. Maybe the exponential growth continues and we see 70% growth the next month. Maybe we crash and everything drops 70%. Maybe suddenly everything flattens out and trends towards their more natural growth (likely under 30% a year). But looking at the charts, I have to believe that we are headed towards a culmination point, and something will happen.