On Substack, everyone is chasing the same trends, creating a self-fulfilling prophecy: as more writers hype a stock, more investors pile in, driving prices higher regardless of fundamentals. This herding behavior makes Substack a fascinating tool for riding market hypes.
On Substack, everyone is chasing the same trends, creating a self-fulfilling prophecy: as more writers hype a stock, more investors pile in, driving prices higher regardless of fundamentals. This herding behavior makes Substack a fascinating tool for riding market hypes.
That is how momentum trading happens.
Great piece! I’m curious though, why do you think ZETA could be a PE target in the next few years?