$NVIDIA (NVDA.US)$ what a day another kick in the balls. the...

$NVIDIA(NVDA.US)$ what a day another kick in the balls. the media flat out sucks and I'm talking about Fox Business Bloomberg CNBC they stink. their job is to sell controversy so they bring every freaking bobblehead on TV today saying oh the AI bubble is breaking it's crashing chip stocks are crashing and then they ask them well what are you buying what would you recommend and then they say oh retail really that's interesting because the economy slowing consumers aren't spending retails in the shitter why because that's what the earnings showed what else are you buying oh I'd recommend the mining companies silver mining companies gold mining companies okay that's real interesting because they've already run and they've sold off and gold's not busting new highs and typically the revenue growth for these companies are single digit what else are you buying well we'd recommend the banks. there are six to eight multiple very low multiple compared to the chip stocks which are trading at 22 23 times P/E. well that's really interesting because two weeks ago everybody is saying how bad the banks are that the large Nationwide Banks or Goldman Morgan Chase Bank of America are at maximum earnings potential right now because interest rates are high and when interest rates come down they're going to make less even though I'm driving fees will kick in cuz you'll get IPOs they're going to make less that's number one number two you've got this trillion dollar worry that's over hanging on the entire Banks where most of the regionals are holding these commercial loans and they haven't marked the market and valued these office buildings that are vacant and empty and it'll crash the banking system yet again like silicon valley last year. these people are fucking idiots every one of them you can put a ribbon around them because the returns that they're getting for their clients stink. so they all preach a eyes of bubble remember Cisco remember the dot-coms I lived it I was there behind a trading desk I owned a small broker dealer. 95% plus of the.com stocks had no profits none and they were priced at four to five years forward valuations at 20 times revenues today. that's why they crashed. Nvidia is printing money hand over fist like no company and you can't even compare Cisco's growth at its peak to what Nvidia is doing now or where the future for AI will lead to. so fuck these people on TV they suck because we've already been through this shit several times and each time the stocks come back and set new highs.