Chasing early retirement one smart move at a time. Hot takes on markets, crypto and the headlines moving them. Not financial advice.
South Carolina, USA
Joined August 2015
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Kind of sounds like where we are coming from right now Warren Buffetts first interview in 1962https://www.instagram.com/reel/DflhRZHA_Bl/?utm_source=ig_web_copy_link&dlrf=NTc4MTIwNjQ2YQ==
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Right on time!
Wall Street sold AI stocks. Now they're bouncing back.
CoreWeave reported 168% sales growth, and Louie Navellier believes the rebound could accelerate into Thanksgiving.
Why he's watching $NVDA and the broader AI sector:
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Doesn't surprise me
You just can’t make this up
Rep. Ro Khanna sold Nvidia $NVDA perfectly at the top
One month later, CEO Jensen Huang admitted to an affair with a suspected Chinese spy
$NVDA is down 26% since
Khanna sits on the House committee that investigates China’s attempts to steal US tech
To be fair, he's said his trades are run by a 3rd-party
But he's also stated “Members of Congress should not be trading stocks”
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This is what the AI bears didn't want to see, the spending is actually turning into revenue. Who sold the dip last week?
xitter.cf/Reuters/status/2120611…
CoreWeave jumped more than 20% igniting a rally in battered AI cloud stocks, as its hefty spending yielded strong revenue growth and the company signaled a pullback from the borrowing binge that had set off alarms of an AI bubble reut.rs/4kKBV02
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CoreWeave up almost 25% and suddenly everybody loves AI stocks again. A week ago hedge funds were dumping tech, so is this a real bottom or just a relief bounce?
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Not a bubble, sure. But when one CoreWeave report can flip the whole market in a day, it sure feels like one.
xitter.cf/business/status/212051…
“Artificial intelligence is a phenomenal technology revolution, it’s absolutely not a bubble.”
AI pioneer Kai-Fu Lee discusses whether trillion-dollar AI valuations can be justified with Francine Lacqua bloom.bg/4iL5Jr0
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A day after a hot CPI and everyone's back to buying AI because CoreWeave beat. Real rally or bull trap?
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Yesterday everyone was pricing in a hike and Nvidia was sliding, and today AI is ripping again. Who knows anymore, which one does the market actually believe?
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Hot CPI and a 10-year flirting with 5% ate a chunk of Monday's rally. Is anybody really ready for a 50bp hike in December?
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Three hot core prints in a row and the market barely fell. Feels like nobody actually believes the Fed goes 50.
xitter.cf/Reuters/status/2120242…
With core CPI inflation rising 0.3% in October for a third straight month, the Federal Reserve may have to raise interest rates by 50 basis points at its December policy meeting — more than most economists expected. Howard Schneider has more reut.rs/48cuoQh
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Market just had its best day since April and the Fed still wants to hike. Meanwhile most people say their money's going nowhere. Who's this rally actually for?
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Wilson says the correction is in the final innings and today sure acted like it. Anyone still buying the dip on Nvidia?
xitter.cf/SquawkCNBC/status/2119…
"This is the final innings," says Morgan Stanley's Mike Wilson of recent market corrections. cnb.cx/4zeNWib
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Feels like everyone's just waiting on CPI tomorrow to decide if this is a dip or a trend. Hike odds are sitting around 77%. You buying anything today or waiting it out?
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A donut stock is beating Nvidia this year. Krispy Kreme's profit jumped 7x even with revenue down, while Nvidia gave back over $1 trillion from its peak. AI isn't dying, it's getting repriced, and it's a good reminder that patience beats chasing whatever's hot.
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Everyone's split between buying the dip and getting out. Gold quietly had a strong week while stocks got hit. Who's actually buying Monday?
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A bounce would be nice but it still doesn't feel like the trend has turned. Anyone calling this the bottom yet? xitter.cf/CryptoWorldJosh/status…
Predicted the last BTC dump precisely when everyone was still purely bullish.
But have we finally bottomed out or is another move lower coming?
$BTC is now flashing a bullish divergence that could soon confirm, opening the door for a short-term relief rally.
But the bigger picture hasn’t changed yet.
Relief first. More downside later?
Watch the full analysis on YouTube for the key support & resistance levels and my plan for the week ahead 👇
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