There was some movement of capital from overseas, however the US economy is stable and many headwinds seem neutralized, at these levels its a mistake for TLT to keep climbing as the chances of a rate hike are now about 50% in the FALL. Therefore TLT may return to about $115 by year end. This anomaly is temporary. This afternoon watch it slide.
You must be kidding, this equity value should be over $80, its a matter of time. It has build up a base over the past month, and more investors will go in long term as the pivot unfolds in the coming months. Target is $80 by year end. Anything under $50 is a steal, dirt cheap.
This stock will in the coming weeks or months trend to new highs similar to what FB, AAPL, GOOG, and FB pulled off in the past. That is namely about a 500% return from lows. I would suspect by end 2016 NVDA will be trading near $100, and more like $150 by mid 2017. The new share price will include the new markets that are just beginning to exponentially grow.
Investors have no idea of the dramatic changes in the industry, and are still seeing this is geometric growth.
It's unbelieve that the share price is still under $80.
Analysts just keep increasing targets or vice versa chasing, they follow study. They can't anticipate big shifts or they would have predicted FB at $25, GOOG at $100, or AAPL at $15. It's pointless. You guys watch too many movies. The FACT is NVIDIA is the best GPU in the world, and is heading into data centers, A.I., and other markets and has a monopoly. The FACT is this was under appreciated in 2015, so like TSLA, AAPL, FB, GOOG, and others in the last 5 years, it will appreciate in share price easily 100% to 200%. If the market holds then in 2 quarters this will be over $80.
This may move up slightly above $2 however I doubt it, it can also drop down to $1.25 with further dilution and lack luster gross sales. The company may be good but most traders are just that, and I think the equity price is about fair at these levels at best.