If people can’t afford the monthly payment, I’m surprise the auto companies hasn’t made it happen yet. Weren‘t car loan in the past about 3 years and now car loans are 5-6 years? I hate my 5 year loan and would never go greater than 5 years.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Reminds me of how my eye doctor is convinced of an imminent dollar crash because the dollar is just debt and when the government prints more of it, somebody (a Rothschild or someone…I can’t follow his rabbit hole stuff) “gets a cut.”🙄 He’s a silver bug so he’s had a rough couple of weeks while companies like MSFT will benefit from a declining dollar.
Crazy numbers
I recall the usual def of a recession was met last year but ignored
That was about the same time Philly Fed said jobs number was inflated by a million
Cant trust numbers about anything (Ukraine now toasted despite all the BS)
www.forexlive.com
I recall the usual def of a recession was met last year but ignored
That was about the same time Philly Fed said jobs number was inflated by a million
Cant trust numbers about anything (Ukraine now toasted despite all the BS)
Loading…
www.npr.org
Philadelphia Federal Reserve says 10K jobs were added in the US in Q2, NOT 1 million | Forexlive
Yes, that's right, the Philly Fed says 1 million jobs were not added, only 10,000
It feels early to me. Yea there has been a lot of hype lately with AI and a big run up but it seems closer to early innings than long in the tooth IMO. Sure there could be pullbacks, even steep ones, because of the crazy fast run up but I feel like it's not near being fully mature yet.
Cloud was a craze at one time too and that lasted for some years and now it seems like it's maturing. I don't feel that about AI yet but we'll see.
It may be early for AI-based products and customer usage, but likely not for NVDA and their chips. Any company looking into using AI needs NVDA products. They are pretty much the ballgame now. I posted this before:
Other than chips stocks and Big Tech, where are the rest of the AI plays? What struck me as odd was AI players like Uipath are still down big.
Did some clean-up today = couldn’t stand looking at two big mistakes in PYPL and Block. Time to move on.
I was just going for the joke without giving much thought to what the guy was saying.
However, if I were to be serious (momentarily), I'd say that, while artificial intelligence and machine learning are exciting areas of information technology with a lot of potential upside for investors, I'd caution that they're also technologies that represent a very high investment risk with an unusually high potential for volatility and failure.
IMO, even more than typical caution and attention is warranted. Could be great for frequent traders and speculators. Maybe not so much for long-term hands-off investors. At least not yet.
But I'm no investment analyst. So pay your money and take your chances, I guess.
Last edited:
Rate hike coming?
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
https://www.cnbc.com/2023/05/26/inf...are|com.apple.UIKit.activity.CopyToPasteboard
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
https://www.cnbc.com/2023/05/26/inf...are|com.apple.UIKit.activity.CopyToPasteboard
Old news. CPI in April was flat'ish, so PCE is the same. They move together. All eyes on May CPI print now. Truflation CPI tracker dipped below 3% a few days ago.
Collins and Goolsbee on the record, time for the pause.
Plan accordingly! :)
Yea and that's why I stick with the bigger names who will do something with AI like MSFT, META, NVDA etc...
But again I'm not a momentum guy and I wouldn't jump on the train of these big tech (AI) names that I own now because they've run so far so fast. I've said before I don't believe in FOMO. If something takes off without me on it, so be it. Strategic knife catching, yes. FOMO no.
I'm sure there will be a pullback sooner or later, possibly a big one and that's when if you're not in maybe it's time to look again.
I agree but sometime you have to jump in but keep an eye on the market in case you need to pull the trigger fast. It’s not buy and hold time, maybe after the crash everyone is expecting.
Last edited:
Yes, between the inflation print and the FOMO on NVDA, Marvell, etc there is still too much money sloshing around. I expect another 25bp.
Marvell goes BOOM, well deserved correction for an exceptional business:
www.cnbc.com
Also, interesting deal between TSLA and F:
www.cnbc.com
Marvell shares rocket 32% on earnings beat and 'tremendous' business potential for A.I.
Shares of Marvell Technology surged about 32% off the back of quarterly earnings results.
Also, interesting deal between TSLA and F:
Ford's EV charging deal with Tesla puts pressure on GM, other rival automakers
A surprise deal between Ford and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers' EV strategies.
Was wondering why Ford was up so much more then GM.Marvell goes BOOM, well deserved correction for an exceptional business:
Marvell shares rocket 32% on earnings beat and 'tremendous' business potential for A.I.
Shares of Marvell Technology surged about 32% off the back of quarterly earnings results.
Also, interesting deal between TSLA and F:
Ford's EV charging deal with Tesla puts pressure on GM, other rival automakers
A surprise deal between Ford and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers' EV strategies.
Sounds like giving Ford access to the charging network now qualifies TSLA for government funding to expand the network. Definitely win-win for both companies.
Thought maybe CHPT would be down a bunch on the news, but it was up a little.
Pretty much at all time lows though.
Wouldn't be suprised to see GM follow suit in terms of using TSLA’s charging system.
Last edited:
Important FYI for markets:
thehill.com
Biden, McCarthy reach debt ceiling deal to avoid default
Top leaders in both parties reached a long-sought deal on Saturday to avoid an unprecedented government default, announcing an agreement on a plan to lift the debt ceiling immediately and apply new…
thehill.com
I have CHPT in my custom EV ETF. Overall, the position is down about 10%. However, it seems to be the biggest competition to TSLA's network and may be gaining widespread coverage in many local markets. I'm willing to be patient.
Their coverage may be misleading. They have charging units in a lot of places, but from my very limited experience many of them are useless level one chargers
I know they push/highlight their Level 2 charging market share stats, so I assume everyone is moving away from earlier tech. They are also working on Level 3 expansion (high speed and larger vehicle charging). We shall see! Earning report on Thursday.
Limited data point, but ChatGPT takes a hit for lawyers using it. Aside from that the two attorney's messed this up six ways to Sunday.
Loading…
www.cnn.com
All new tech can be used for good or evil. LOL! Sounds like ChatGPT.5 is being trained as we speak. This will be way more powerful than the currently available 4 version. ChatGPT is going to gut law offices around the world.
I agree and I am in most of the AI stocks but they are going higher only due to the hype. I wish I was buying larger quantities but am cautious since I don’t know when the hype is over.
Hype of a new technology is an interesting thing. Some bears are yelling 1999 already, but I read a few articles saying current day AI dynamics are more like 1995 (so lots of room to run). The Internet gave people access to knowledge and information. However, AI allows people to do things they weren't trained for. That's big. Surely there will be tons of AI winners and losers, so we all need to figure it out! LOL.
Great quote from the head tech analyst at Raymond James:
"There is an AI war going on and Nvidia is the only arms dealer"
This isn't going to change until someone comes up with a product that can compete with the H-100.
Joe just mentioned something on halftime that's about my thinking. He was like when you see a whole bunch of AI IPOs that's when you can say it's bubblicious. I agree and that's what the dot com bubble was like. Something else that pops into my mind is when you see crazy valuations for companies that make no money like many of those silicon valley companies. Something else is when you see every man on the street who doesn't pay attention to the market talking about and investing in AI similar to what happened with crypto.
Those are the kind of things my mind will go okay we're getting long in the tooth in AI. Right now I see a lot of hype and momentum but it's not broad based. It's a good handful of companies but not all over the place IMO. So for sure given the momentum, a pullback and even a deep one (recession is not of the picture yet) is quite possible but I don't think the AI train is going over the cliff any time soon and it's not close to being fully mature yet.
I was actually referring to AI as a whole, not the specific company. I don't own C3.ai. Bought more CURE today!
The generative artificial intelligence bubble is only growing. The earnings report for AI tomorrow will be insane. That stock has gone up too much and too far.
NatWest bank (UK) asking for "reasons" depositors want to withdraw money
Suspicions are the bank is low on cash and not really trying to protect depositors from "scams"
dailyhodl.com
www.benzinga.com
Suspicions are the bank is low on cash and not really trying to protect depositors from "scams"
Billion-Dollar Bank Demands Customers Prove Withdrawals Are Valid, Warns Cash Can Be Refused At Will - The Daily Hodl
A UK-centered bank with $28 billion in assets under management is demanding customers explain why they are withdrawing cash.
dailyhodl.com
Major Bank Demands Customers Prove Withdrawals Are Valid, Warns Cash Can Be Refused At Will - NatWest Group (NYSE:NWG)
NatWest Group PC (NYSE: NWG), a U.K.-based bank, is asking its customers to explain why they're withdrawing their cash.
www.benzinga.com
Last edited:
No additional LABU. Gotta drop more to buy (since I'm sitting on a $4.38 CB). Right now I have twice as much CURE to LABU, which feels right. The only way to lose money on CURE is freaking out and selling too early. Most large HC companies are rock solid.
Any thoughts on small caps? Looking crazy cheap.
Similar threads
Latest posts
-
-
Basketball VIDEO: Steve Pikiell + Ace Bailey talk Purdue Postgame- Latest: William J. Leggett
-
