The author also questions the sustainability of the current market trend, with many predicting an overextension or bubble burst, yet the market continues to rise consistently. They compare the current situation to past market conditions in the 90s and 2020, noting significant differences. The author wonders if this could be indicative of a new paradigm or the advent of the Singularity.
Key takeaways:
- The author has been investing for over 16 years and has never seen anything like the current market, especially in the past 2 months.
- Nvidia has been performing exceptionally well, while other tech stocks like Apple, Google, and Tesla have fallen significantly.
- Despite the fall of these tech stocks, the indexes continue to rise, attributed to AI and chips.
- The author questions whether this is a new paradigm or the Singularity happening, as the market continues to rise despite predictions of a fall or bubble.