Calling a Super Bubble: Front Row With Jeremy Grantham

For almost a half-century, value-investing icon Jeremy Grantham has been calling market bubbles. Now, he says U.S. stocks are in a “super bubble,” only the fourth in history, and poised to collapse. In this interview, Grantham, co-founder of Boston’s GMO, goes further, explaining his bubble analysis and discussing what he sees as multiple threats to the economy and the planet, including persistent inflation and climate change. He spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.”

TSLA Tesla

 

TSLA 3 year chart shows it pulled back below previous resistance of $900 and is now just above the upward trend line. RSI has dropped below 50 and %R has been trending down for more than a month.

On the daily charts the stock is below a downward sloping 50 sma, and just above the 200sma at $814.

LLNW Limelight Networks

 

LLNW stock advanced from the December lows to a new high then pulled back to the previous highs around $3.20 then bounced again to new highs on strong volume.

The 3 year chart shows it still has room on the upside. All indicators bullish.

FUTU Futu Holdings Ltd ADR

 

FUTU looks like it bounced off support and getting close to a new uptrend.

BBIG Vinco Ventures Inc

 

BBIG jumped 6X in a matter of days then pulled back to where it started. It has now broken the down trend line and bounced off support on strong volume. Looking good.

SPLK Splunk Inc

 

The selling of SPLK is finally over.

11 analysts have this stock as a strong buy with targets of  $125-$203

Bitcoin Prediction BTCUSD

 I found this online, and so far it's been accurate.

Will 29,999 be a buying opportunity?