I hope everyone who held IBM for the long term sold off their stocks to take profit because that was a huge signal from the heavens. If you were looking to get back in, this recent crash might be a good time. If my memory does not fail me, IBM was recently caught up in some security breach for a Singapore government agency affiliate too, so it might just be a perfect storm. I believe software will be a roller coaster ride up and down, especially while AI is dominating the scene. But IBM has strong enough fundamentals that they might come back around when the market starts the cycle of AI and AI-adjacent profit taking, or diversification for risk management etc. On the flip side, the messy operators like Oracle $Oracle(ORCL)$  simply cann

Thing is rates SHOULD go up, and usually we are price takers, following what the US feds do. With all the mess and inflation in the USA, mostly created by the president himself, interest SHOULD be going up up to arrest the trend. However the Donald fancies himself an expert and instead wants the rates LOWERED, even resorting to putting in place a puppet (who the wider market somehow convinces themselves, is a financial hawk). At the first given opportunity, Warsh (the newly installed Fed chair) chose to hold rates steady, which was mind-blowing to say the least, and the market should have taken a huge punishment. Now the gamble gets pushed back another quarter: everyone is convinced that this time round the rate will really go up. [LOL] [LOL] The market is gambling, and we actually pr

Just a significant time point where investors feel that the timing and price is perfect. Realistically, AI is a bubble and it is foolish to not constantly take profit on the way up, especially at significant moments like SK Hynix doing their IPO

England wins it all. Football finally goes home. Everyone lives happily ever after. Seriously though, it would be monumental if England beats Argentina, finally washing the bitter taste of Maradona's "hand of god". How that was allowed to stay in the annals of football's history, I never will understand. If England scores the breakthrough, the momentum should power them over Spain and be the champions.

If the banks are keeping up such a scorching pace because of US interest raise expectations, I am skeptical. Warsh has proven to be an unreliable operator, spouting all sorts of excuses to avoid hiking rates, because his dear Master Trump wants it lowered instead. At the last round, expectations were already rife that interest would go up because inflation in the USA was dire, especially with the Iran war. Then Warsh held interest rates steady, and the market did not meltdown from the failed gamble. Now the story is "hawkish outlooks, expectations of interest rates hike", same rubbish... so is the market going to collapse if this gamble blows up?

It seems a little scary that the banks keep making new highs, is there really so much good business to be done? Or is this pricing in the expectations that US Feds will be upping the interest rates? And that it will be good for the banks?

I did get 13 squares hahahaha

The crash of gold is surprising, considering that there was a war (started by the US) and it was not going good, yet people still flocked to USD because of expectations that interest rates will be pushed upwards due to inflation. For the life of me, I will not understand how interest rates no changing did not plunge USD into dire straits and boosted gold, insead people are just hanging around waiting for the next adjustment, hoping that the president's lapdog Warsh, will bring interest up. Absolute nonsense.

Typical manipulation by Musk hiding his junk in his treasure vault. Look where we are at now, an insane IPO that oushed the guy into the trillionaire stratosphere, but a sudden run to the bond market for more money. This is what happens when the surface looks shiny and nice (reusable rockets, dominant Starlink satellite internet, but the junk is hidden below (self manoeuvre of twitter, xai between TSLA and SPCX) with burdensome debt and problematic cash burn. The valuation for the IPO was already not acceptable, but the casual investors bought into the hype and are now caught with their pants on the floor. Funny enough, news is going around that the shares held by retail investors have been diluted (3.4% dilution, due to acquiring Cursor for $60 billion in stocks), resulting in analys

It was almost a given that SPCX was going to turn out like this. Starting with it foundations, where I jovially called it 3 children in a trenchcoat calling themselves a businessman. Yes, I get it, Starlink is absolutely a game changer and the reusable rocket part of the business is revolutionary, but any serious investors would stay away like the plague, looking at the burdensome numbers that xai and twitter contributes. The hype for SPCX was so significant that if you made an effort to look, there are analysis from all angles. Just looking at the revenue (mind you, NOT the final computed profit), would tell you that the near 2 trillion valuation floated was demented. Then you look at the losses brought by xai twitter, etc., and no sane person will want to hitch their wagon on this r

That is so lame... Inflation is fairly bad, all thanks to the war waged, only to circle back to a peace deal that looks to be an even bigger loss (holy 300 billion reparations??) Then everyone keeps flooding back into USD to capture the expected increase in interest rates that did not happen, yet there's no meltdown (and no, don't tell me that hiccup in equities is significant). Warsh is well and truly the president's lapdog, taking the cop-out of keeping rates steady.

Elon loves to spout crap to wow his fans, maybe he can hit the revenue of 1T, but he isn't telling you out loud that the losses are what everyone should be looking at. Buy buy buy, says the fans. Rocket! Starlink! Tech! Market dominance! But what about the loss makers, xai, twitter, whatever rubbish Mr. Moneybag will try to bring in, go further weigh your investments down. This is some massive and extremely wild delusion.

I called Japan, because they did well, very well in fact, to qualify for the world cup. Even taking down England, who were improving under Tuchel. After all everyone loves an underdog winning it all. It is nice that the 2nd game of the WC (Korea Czechia) was 10am Shanghai Time And no, no way I am investing with relation to football or world cup.

First day, people who overestimate will buy in, and it will shoot up, maybe to 160? But a couple of weeks in and it will take a nosedive and start the real climb upwards (or not... after all it's 3 children in a trench coat acting as a business man)

Got the timing down and scored the goal... olayyyy olay olay olay...

I would go for memory (dram) and space (nasa). Memory is a safe bet to avoid any mess, space will get a boost from spacex IPO. I don't trust energy and broad AI/ AI adjacent stuff to play the game by the rules.

Looks like it will not fall into bearish conditions though. But the biggest culprit for gold being sold likely is the expectations of rising interest rates in USA Just as stated, questions of fed independence makes this a funny proposition. Does Warsh do the correct thing to try and halt the impact of inflation, or does his spine liquefy and maintains (or decreases, as prez Trunp keeps asking for) interest rates [Surprised]

So Grok (the musk AI bot) has been shown to have poor usage rates by the US government, 3 out of 400 known examples of uses by the federal government. This will weigh down on expectations of the success of the AI part of spacex when it gets listed. Which further proves that AI as it is, is a gimmick and investors looking to pick up a piece of spacex have unrealistic views. The company will not succeed based on proper fundamentals and business dealings, but on the world's richest man having his hand in messing with world affairs, hoarding more wealth and being able to manipulate his stock prices. Spacex rockets being reusable has shook up the market, a huge win for the environment and a proof of concept that sustainability is a winning play, even on the biggest stage. But the company is sad

I think Walsh will might be bad news, I cannot believe that he will not concede when trump comes knocking, but I hope I am wrong. Let us see, but hopefully Powell staying on the board helps curtail some of the fallout

I think nvda being the leader of the herd will  hold on the long term trend of climbing upwards. The slides now are just blips, the hype is too big and nvidia too well known to have any serious problems... that is until the AI bubble bursts