/biz/ - Business & Finance

>>57859213
Market is trending if previous day's price is correlated with next day's price. If correlation is high, momentum is there. If momentum is there, then even if you hop on a little late, you can ride for a long time.

>>57832255
And here I am, completely oblivious, DCAing into boring indices for last 15 years and putting recent paychecks into 5% Vanguard MM accounts.

>>57787532
AI is constrained by prohibitive compute cost. But NVIDIA is only game in town right now. Unironically, for AI to succeed, NVIDIA must fail (cheaper compute, new specialized chips).

>>57757018
We are the smart ones.

This is an election year, so obviously Dems want to keep the markets hot. But Russia really does not like Dems who have turned Ukraine into a major headache for them. So what to do? Create a global supply chain disruption at some critical node (houthis, cyberattack some US port or grid, I don't know). This will drive up prices in the US, thus forcing Uncle Jerome's hand. Fed will then raise interest rates. This starts pulling all the fake printed money that's pushing up the entire market. This sets off a chain reaction that pops one bubble after another. That's when you and I, who have been hoarding cash in our Vanguard 5% MM accounts and paying down debts, start swooping in and buying all the bags. Thank me later. Screencap this.