Stock Market is the bottom in?

[SD51555]

I'm late to this party, and even I'm up nicely.

https://twitter.com/x/status/1988730263908852050

Last time big money was printed for the big hoax, everything exploded in price and scarcity.

https://twitter.com/x/status/1988262942618583051

Who's gonna fistfight outside walmart on Thanksgiving with these kinds of numbers?

https://twitter.com/x/status/1988038968068165767

 

[SD51555]

https://www.wisn.com/article/looming-ban-on-hemp-based-thc-products-could-devastate-wisconsin-business/69415813

 

[Mortenson]

Is the whole market propped up by AI companies circle jerking each other? The big short guy apparently doubled down on his AI short.

 

[SD51555]

Is the whole market propped up by AI companies circle jerking each other? The big short guy apparently doubled down on his AI short.

I still don't understand what their product is going to be that merits trillions in investment. I get AI video and AI content, even AI music. I don't see a multi trillion dollar industry. They may have gotten way out ahead of themselves.

I don't get it. Maybe I'm just uninformed.

 

[hunts_with_stick]

I still don't understand what their product is going to be that merits trillions in investment. I get AI video and AI content, even AI music. I don't see a multi trillion dollar industry. They may have gotten way out ahead of themselves.

I don't get it. Maybe I'm just uninformed.

Robots that will be able to do anything and everything

 

[hunts_with_stick]

Medical advances, mechanical advances, etc…

 

[Barndog56]

I still don't understand what their product is going to be that merits trillions in investment. I get AI video and AI content, even AI music. I don't see a multi trillion dollar industry. They may have gotten way out ahead of themselves.

I don't get it. Maybe I'm just uninformed.

Oklo has a P/E ratio of -275, but a $16 billion market cap. Might be years before they make money.

Put a dozen company names on the wall and throw 3 darts at them. One will go up 5% and the other 2 will drop 5%, or vice versa. Repeat that every day. Could be the same companies going up and back down over and over.

Last week 2 companies I was watching had revenue and earnings per share higher than expected, and they dropped.

Seems like a lot more gambling than investing.

Think I'll set up monthly buys of a couple ETF's and ignore it.

 

[bwoods11]

Garmin is down about $50 a share, if it drops more. I might add !

 

[jsasker007]

 

[Brian662]

Its a bloodbath today. My TSLA shares have been volatile but ultimately up quite a bit, this one is going to sting a little.

 

[SD51555]

Its a bloodbath today. My TSLA shares have been volatile but ultimately up quite a bit, this one is going to sting a little.

I sold a PLTR $157.50 put for 11/28 today. I got paid $171, and before market close that position worsened by 73%.

Definitely crap off day.


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[PatinPA]

Henrik Zeberg says Etherium will hit $10k minimum. It’s at $3,406 currently. I hate the idea of crypto but the guy sure seems confident.

I sold what little I had at $4600. Was thinking about dipping back in though

 

[jsasker007]

Netflix split 10:1. About $110 a share currently.

 

[Westwind]

I sold what little I had at $4600. Was thinking about dipping back in though

I made a little bet. So far I got my face singed off with that blowtorch, lol

 

[PatinPA]

Oof was on rutcation all week and didn't see what was going on. Taking a bath on almost everything. Yikes.

 

[SD51555]

I bailed on my PLTR put. I've seen chatter of Peter Thiel bailing on PLTR and NVDA, and lots of other bro asset classes in free fall. Maybe it's close. Seems like lots of doom indicators are at all time highs, but just barely. Foreclosures, corporate bankruptcies, auto loan delinquincies, household debt totals, student loan debt, # of fast food restaurants closing, median age of first time homebuyers, etc.

 

[buckvelvet]

I bailed on my PLTR put. I've seen chatter of Peter Thiel bailing on PLTR and NVDA, and lots of other bro asset classes in free fall. Maybe it's close. Seems like lots of doom indicators are at all time highs, but just barely. Foreclosures, corporate bankruptcies, auto loan delinquincies, household debt totals, student loan debt, # of fast food restaurants closing, median age of first time homebuyers, etc.

https://finance.yahoo.com/news/peter-thiel-fund-sold-off-103831552.html

Looks like it's real.

 

[hunts_with_stick]

Yeah, I sold a bunch yesterday, either capitalized on some gains or took some small losses. Better than big losses! I did buy a couple of things I thought on sale, butmight sell more today depending on what happens

 

[bwoods11]

It’s going to buy time soon, I’m seeing some deals now .

 

[SD51555]

I've been wanting to get back into Visa or Mastercard. V is down in the lower half of it's range. I flung a chunk of stink bait out there today to see if I could catch some. Being on the brink of the next major hit to the currency, I thought payment processors would be a logical place to scoop up as much of that new currency as possible.