OT: Stock and Investment Thread

[RU05]

TSLA setting up a nice reverse head and shoulders

 

[RU05]

SPCX tonight.

 

[RU05]

Every time something happens in the word where gold and silver are expected to stir the price goes down instead. I always knew metals were manipulated but its farcical now. The powers that been want to keep everyone in paper. Eventually they wont be able to keep pushing the beachball down.

The AI thing is scary. I knew 2 years ago it was fool's gold because I knew Jensen and his leather jacket was practically the Don King of computer hardware. So much hype went into AI (tech is the easiest to corn people with) that to say people overinvested is an injustice. Equity lunatics piled-in and bought usually cautious insurance cos to overinvest - same for retirement funds. When AI scam flips its investors stuck with the bill.

People here probably heard of Ed Zitron. He knows the math and financial implementation of AI better than anyone for awhile now. He explains how $billions worth Nvidia processors are in storage because there is no use for them now ( data centers still being built etc), Jensen told tech buyers if they didn't buy the chips he had they couldn't get the newer ones. People overinvested in things they didn't understand and warped math and shallow media fed the problem. The linked roundtable has AI and financial experts giving a realistic picture of the situation

Ed Zitron: Microsoft Has $80 Billion Of AI Chips It Can't Plug In​

Bigger Than AIG: The AI Debt Secretly Buried in Your Insurance - Dan Oliver​

“The AI boom is not a stock story. It’s a debt story.” Dan Oliver explains how AI infrastructure debt could spread through private credit and insurance companies, potentially triggering another wave of Fed bailouts.

America’s $10tn AI infrastructure boom is starting to fray (FT)​

https://archive.is/WJ9oI

Gold and Silver ripped for a year. Got over their skis. They have to digest the move. NVDA stock did the same. Countless other stocks have done the same.

 

[Postman_1]

 

[Rutgers Chris]

Merger incoming

 

[RU05]

Gained strength later in extended. Seemed to drag along the likes of CRWV.

 

[RU05]

Treasuries are off the boil.

 

[Navion N8865H]

PLUG at 52 week low. Is it worth the gamble picking up a block of shares?

 

[RU05]

E-Trade has added an AI assistant. Haven't asked it anything yet aside from "wassup?".

 

[RU05]

PLUG at 52 week low. Is it worth the gamble picking up a block of shares?

No.

 

[RU05]

Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.

 

[T2Kplus20]

Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.

Got a trade alert for CLF. Playing for a move back to $20'ish. So calls out to March or June. $12 stop loss.

 

[T2Kplus20]

E-Trade has added an AI assistant. Haven't asked it anything yet aside from "wassup?".

Should be interesting to chat out. I assume this is coming to all major platforms.

 

[RU05]

Added to CRWV.

It's been smoked, but at a support level and is holding on big volume, so far at least.

Remind me to sell this add if it goes on a run.

 

[RUAldo]

How about CMG? Been hit hard lately.

 

[RU05]

Got a trade alert for CLF. Playing for a move back to $20'ish. So calls out to March or June. $12 stop loss.

Been done owned it.

At $13.92. $14 is so clearly a level it needs to break out threw, dating back 5 years. 1 year chart says it wants to.

 

[RU05]

How about CMG? Been hit hard lately.

Looks like it's at a support level. Bounced here last Nov. Bounced here in June.

Do we think the business is turning around so as the stock can become investable? Otherwise a trade at best.

 

[T2Kplus20]

Looks like it's at a support level. Bounced here last Nov. Bounced here in June.

Do we think the business is turning around so as the stock can become investable? Otherwise a trade at best.

CMG needs a turnaround catalyst. I just don't think the CEO and exec team are that good right now.

 

[RUAldo]

CMG needs a turnaround catalyst. I just don't think the CEO and exec team are that good right now.

I don’t buy stocks on potential takeovers, but CMG seems like a good candidate

 

[RUAldo]

Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.

I have a medium size IOT position. One of my fav business models. I think about adding almost every week but haven’t pulled trigger. I’ll prob wait until earnings and if it’s good will add to my position on any pullbacks.

 

[RU05]

If you’re heavy on cybersecurity you had nice day today in an otherwise down market.

 

[Rutgers Chris]

If you’re heavy on cybersecurity you had nice day today in an otherwise down market.

the comments…

 

[RU05]

ADBE on the comeback trail?

 

[T2Kplus20]

ADBE on the comeback trail?

The chart looks interesting, but it had before and failed. NOW is still my horse in the software turnaround trade.

 

[RU05]

The chart looks interesting, but it had before and failed. NOW is still my horse in the software turnaround trade.

I won NOW as well. Crushing it actually. Up 45%.

I even traded it poorly, buying it, selling it as it dipped further, and then buying back at a higher price.

So that 45% is a little misleading. But a little tax loss on the books to work with.

 

[RU05]

Rob Sechan, actually mentioned tax loss recently on the halftime.

There's a couple dud's on my books which continued to get hammered, possibly in part due to tax loss selling, and also possible more tax loss selling is coming.

I go 10 months not thinking about this being a thing, and then here we are again.

 

[Anon1751565407]

ADBE on the comeback trail?

Why is ADBE a $100 billion company? Thats my question.

 

[NightKnight]

Why is ADBE a $100 billion company? Thats my question.

They're the default editing tool and all over the education/college market. That gives them a certain stickiness to this point. I don't see things getting better and getting A LOT WORSE is a possibility. Been out of ADBE for years.

 

[RU05]

Why is ADBE a $100 billion company? Thats my question.

Check their earnings. They make tons of $$. Actually a very cheap stock, even more so given their growth history.

 

[RU on Manns Planet]

NBIS and MRVL look to be primed

 

[Anon1751565407]

Check their earnings. They make tons of $$. Actually a very cheap stock, even more so given their growth history.

For now they make tons of $$. I recently heard an anecdote about someone who basically recreated ADBE’s top four products using AI. Stickiness I get but moat is becoming more of a shallow creek.

 

[RU05]

For now they make tons of $$. I recently heard an anecdote about someone who basically recreated ADBE’s top four products using AI. Stickiness I get but moat is becoming more of a shallow creek.

Thus why the stock has struggled the last year. But so far the earnings keep going up.

 

[T2Kplus20]

Thus why the stock has struggled the last year. But so far the earnings keep going up.

ADBE has given the middle finger to all the doom and gloom predictions.....so far. Its results continue to be fantastic.