It indicates that US stocks are in a bubble, and it's not a good thing that stocks are fanatical again
According to the latest Bloomberg Markets Live Pulse survey, this week's “meme-stock” (meme-stock) boom indicates a bubble in the US stock market and is likely to peak.
$GameStop(GME.US)$GameStop, Inc., and $AMC Entertainment(AMC.US)$AMC Entertainment Holdings is the two biggest favorites of the 2021 meme stock boom. After retail trading idol Keith Gill, nicknamed “Roaring Kitty” (Roaring Kitty), posted a mysterious post on social media platform X this week, the two companies' stock prices first soared and then plummeted.
GameStop surged nearly 180% on Monday and Tuesday, and AMC surged 135%, but was sold off on both Wednesday and Thursday, losing more than half of its gains.
Bloomberg reports that despite crazy price movements that revived memories of the meme stock frenzy a few years ago, many of the 230 respondents to the MLIV Pulse survey suspected that this was an encouraging sign for the stock market as a whole.
Along with $S&P 500 Index(.SPX.US)$The S&P 500 Index and $Nasdaq 100(LIST91325.US)$The Nasdaq 100 Index hit a new high this week, and more than 40% of respondents thought the GameStop and AMC deal was too exciting...

Another BO $IOIPG(5249.MY)$, let's see if it can keep the momentum going.

$DCHCARE(0283.MY)$
1. Reversal with high volume
2. Retest 40MA successfully
3. Volume increasing break resistance
Support = RM0.295
Resistance = RM0.35
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions.

Having identified artificial intelligence (AI) opportunities in Malaysia, $SNS(0259.MY)$  now expects a meaningful contribution from its newly ventured data centre fit-out business segment.
Besides selling AI super servers, the ICT system and solutions provider is also involved in testing and commissioning as well as operation and management within the premises of data centre...