Look, bro, today’s round-up goes something like this— 1. Jim Cramer is saying NVDA still looks cheap when compared with ServiceNow on a P/E basis. Meaning NVIDIA’s multiple isn’t as high as people think. Looking at the growth, it still seems like an entry could make sense for the long term. 2. Oil went above $90, and Trump’s Iran blockade is working. US reserves are now in the danger zone. Inflation could raise its head again. Think about energy or inflation hedges in your portfolio. 3. Chagee (CHA) is making a splash overseas, but it has fallen behind in its home markets of India or China. A bruising home fight means the competition is pretty tight. The overseas boom could push the stock up, but stay cautious after looking at the home situation. 4. A man in Kentucky had a meat allergy and was craving burgers. So he started ostrich farming. It’s bizarre news, but some people take extreme steps. No link to the market, just added for fun. 5. OPEC+ did not change its oil production policy for October. Meaning supply will stay the same, and oil prices will remain elevated. In the short term, oil stocks should get support. Today’s trend—oil and energy are strong, tech is selective. What do you think, is NVDA still cheap on a P/E basis, or is this a trap?
⚠️ Personal analysis, not financial advice.
#Trading #Binance #StockMarket #Economy #Oil
--
Disclaimer: My personal analysis, not financial advice. DYOR.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #StockMarket #Economy #Oil
--
Disclaimer: My personal analysis, not financial advice. DYOR.