It seems like this market just alternates between "buy big tech (NQ)" vs. "buy the cyclicals (YM)", so I guess the ES never drops 2% especially with buying at the close that seems to happen.
Well NVDA is officially up 10X since the 10/10/2022 close ($112.27) which was the low. Not even 20 months. Amazing, really. Will it go up another 10X after its split?
If your dividend isn't even 1% what is the point?
The problem is no one wants to buy a value tech company, its an oxymoron. HPE, CSCO, ORCL, etc. are dogs with fleas.
If this were true & not just another lie from the GDR why would the STASI be listening in on every citizen? What a joke.
The best movie about the lies of the STASI is the 2006 film Das Leben der Anderen.
Its always about genetics in the end.
I remember there was a starting pitcher for the Houston Astros in the early 2000s who died from an undiagnosed genetic defect in his heart. I mean this was a guy who received the best health care in America and had great access to training facilities and...
It is notoriously difficult to reduce the drug discovery process. I did research in synthetic organic chemistry when I was at Berkeley and it is very difficult to predict drug interactions & the inevitable side effects, metabolites, etc. The book The Billion Dollar Molecule covers it pretty...
Reading this reminded me of the first song to appear on the original MTV program. It was ironically called Video Killed The Radio Star by The Buggles. Television also destroyed the music industry. Music went from artists who wrote great tracks to who was the best looking & prettiest on the boob...
I don't know when the stock split is but NVDA will easily be at $1500 in no time, probably before the next earnings report.
Also my prediction is that the company that has the best application for AI will not be one of the big tech companies everybody thinks. It likely will be some VC backed...
The high commodity prices are strange considering the USD keeps rising. You'd think it would be falling but I think in reality all currencies are falling due to endless bailouts from US to Europe to China.
The DX index is a trade weighted US dollar index so even if the USD rises it just means...
This is different than the Internet 1.0 bubble. It is more like the Cloud bubble where using IT services became easy to use for people who didn't understand server hardware. AI is just an extension of automation from computer programming only its promise is using programming without any...
The US is already a plutocracy run by the banks & energy companies. You have a choice:
1) Leave the Fed and society continues until the reserve currency is no longer the USD (MMT).
2) End the Fed and go back to cyclical depressions like from Reconstruction to 1913.
US will not get better under...
The city of SF just gave free booze & drugs to the homeless a few weeks ago. There is no future for SF and its corrupt politicians running the bay area into the ground. Amazingly these rich idiots in the bay area continue to elect these thieves.
Oakland is also full of corrupt politicians. They...
I'm pretty sure Gekko was an amalgam of Ivan Boesky & Carl Icahn. Really, Gekko was a serial dealmaker so he was more like Icahn. I'm pretty sure Bluestar Airlines was a metaphor for the TWA disaster that Icahn was involved in.
Boesky's actions are covered in Den Of Thieves (James B. Stewart) &...
All that is correct, however as a trader you really have to embrace the bubbles created by an empire on its last days.
If the Fed was serious they would have raised rates to 9% as the Taylor Rule states. They were never serious about it to begin with. As soon as the SVB/Signature Bank/FRC...