RJ Hamster
Why This Isn’t a Bubble Yet
 Don here…Everyone keeps comparing AI to the dot-com bubble. Gianni Di Poce put up two charts this morning that tell a different story.During the dot-com boom, companies flooded the market with high-yield and investment-grade debt to finance expansion. Debt issuance exploded. Valuations surged for two straight years before the collapse.That’s not happening now. Debt growth has been flat. PE ratios in tech aren’t expanding. The AI rally has been driven by earnings, not speculation.In today’s free session replay, you’ll discover:The debt issuance comparison that changes the bubble narrative. Cumulative growth in corporate debt during dot-com was parabolic. Current AI-era debt growth is a fraction of that. Different interest rate environments explain part of it.Why precious metals need a breather before the next leg higher. Silver is three to four standard deviations above its 20-month moving average. Gianni expects sideways action into Q2 before the rally resumes. Silver miners still have a target near 150.The Janus portal signal for 2026. First five days positive? The year averages 16% returns. First five days negative? Just 3%. Today’s close matters.What short interest at 30-year highs means for stock prices.The median S&P 500 stock sits in the 88th percentile for short interest since 1995. Historically, these readings preceded strong buying opportunities.The Russell 2000 hit a new all-time high today. Google hit a new all-time high. Amazon rallied nearly 2%. The problem is tech leadership. The NASDAQ hasn’t made a new high since October while the rest of the market keeps pushing.Gianni’s watching tomorrow’s Supreme Court tariff decision for direction. Either way, the market is looking for a catalyst.→ Watch Gianni break down why this rally isn’t a bubble and what the NASDAQ divergence means for your portfolioDon Kaufman Chief Market Strategist, TheoTRADEP.S. While most traders react to news, Gianni Di Poce has been quietly flagging explosive setups 3 days before they hit the wire. AMD +389% in 5 days. Tesla +155% in 4. IONQ +74% in a month. All caught before the story broke. Tomorrow at 12PM EST, he reveals the signal in a rare LIVE session. No replays. No chasing.👉 [CLAIM YOUR SEAT NOW →] Helping You Become a Better Trader…it’s What We Do. Experience TheoTrade® Today!Whether you are a beginning, intermediate, or active trader, you will find a treasure chest of valuable trading education resources, both free and paid, that will help take your trading to the next level. We are committed to helping you become the best trader you can be. Disclaimer: Neither TheoTrade.com or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA |SIPC |NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.TheoTradePO Box 24790 Christiansted, Virgin Islands 00824 1 (800) 256-8876support@theotrade.comWant to change how you receive these emails? You can Update your preferencesTheotrade.com | Privacy PolicyIf you no longer wish to receive our emails Unsubscribe |
