Really no TA or opinion basis for this, just kind of amazed I've seen so many charts just this past week that look 84% similar in so many ways. ($FDS, $BIDU, $WLK, $CA, - just off top of my head now). For those who have no idea what the "Bubble analysis" project is - it's a LPPL (Log-periodic power law based model) conducted by idek what to call them - mathematician geniuses really. The project aims to identify trends in a "bubble" like trend such as $BTC was back in Oct. 2017. In summary - 4 quadrants of stock-based portfolios. 1. Stocks in a positive bubble, backed by strong fundamentals. 2. Stocks in positive bubble, backed by weak fundamentals. 3. Stocks in a negative bubble, backed by weak fundamentals. 4. Stocks in a negative bubble, backed by strong fundamentals. The positive/negative bubbles are expressed as when price increases (or decreases) faster than exponentially, therefore the logarithm of price increases (or decreases) faster than linearly - initiating a bubble that eventually pops. Getting way off topic, but super interesting if anyone wants to cry themselves to sleep by trying to mathematically figure the shit out. BUT ANYWAY, only reason I came across $CA chart was because it was listed in July's update in Quadrant 1 (Positive bubble, positive fundamental value + growth score). I'm long $FDS so, that's what we're going with.
www.ethz.ch/content/...ockpit-July_2018.pdf
www.ethz.ch/content/...ockpit-July_2018.pdf