Trading the stockmarket (NO Referrals)

tangey said:
Yeah, but you'd hope not from the CEO who is saying that his company, that is valued at $5T by the market, is not appreciated by the same market.
Click to expand...
I mean realistically all he’s saying is that the company was in profit, good results and the stock still dropped. So it makes no sense. Don’t read too much into it. It does sorta make me think it’s overvalued hence the lack of pump and even a drop on good results.
 
Efour said:
What happened did they decide that the bubble needed some pumping?

9.85% on AVGO at time of typing.
Click to expand...
Crash cancelled.

Alphabet, Micron, data centre stocks all up 10%. AMD/Intel up 5% ish.

Nvidia not moved much, which is daft as it is the first in line to make money and least risky of the lot. Think ill buy some.
 
Last edited:
lots of fear and unknown with the nvidia stock. its not sustainable and due correction, plus AI buble fears.
i dont actually see a problem so much with the graphics cards they sold for AI, even if the bubble "pops" they will have other uses as we slowly tranisition worklaods away from CPU to GPU.
Nvidia has also ramped up production very quickly, expirence suggests there should be a pull back, consolidation?
 
Last edited:
Trusty said:
www.yesigiveafig.com

Part 1: My Life Is a Lie

How a Broken Benchmark Quietly Broke America
www.yesigiveafig.com www.yesigiveafig.com

Essential reading
Click to expand...

Interesting the article uses the term "Zugzwang" (any move will worsen their position). Fed Policy has been so poor that eventually they will back themselves into a situation where either raising or lowering interest rates will make absolutely no difference to the mess they have created. It's why I've always been confident buying Bitcoin. For years I have expected a major breaking of the system, yet they have been able to kick then can down the road. I don't think we are that far away from another major crisis at the Fed, but I don't know what form it will take. I have Bitcoin so I'm not that worried about it. Good luck to them. Each time the crisis hits they manage to fudge their way out of it, but you do wonder how many times they'll be able to do this.
 
DIABLO said:
Wow, someone dumped a shedload of Novo Nordisk; down 10% in an instant.

Edit -

"Novo Nordisk's Semaglutide Fails to Meet Primary Endpoint of Slowing Alzheimer's in Clinical Study
Novo Nordisk ($NOV) said that its weight-loss drug semaglutide failed to meet its primary endpoint of reducing Alzheimer's progression in two phase 3 trials enrolling a total of 3,808 adults.The drug failed to show a statistically significant reduction in disease progression compared with a placebo combined with standard of care, the company said.Treatment with semaglutide showed improvement in some related biomarkers but did not slow the advancement of the disease, the company said.Shares of the company were down 9.5% in recent premarket activity."
Click to expand...
Purchased some more today after the fall. Takes my average to €40 a share.
 
I believe it was a bit of a dead cat bounce scenario. It's (market) has fallen so far a pump has occurred.

Probably back to normal soon. Although maybe it's a temporary floor.
 
Trusty said:
www.yesigiveafig.com

Part 1: My Life Is a Lie

How a Broken Benchmark Quietly Broke America
www.yesigiveafig.com www.yesigiveafig.com

Essential reading
Click to expand...
very grim indeed

"Which means if you measured income inadequacy today the way Orshansky measured it in 1963, the threshold for a family of four wouldn’t be $31,200.

It would be somewhere between $130,000 and $150,000."


Median household income was $83,730 in 2024
so 50k differance

Poverty line : $31,200
or 100k for the poor
 
Last edited:
The only thing I'd comment on is the childcare costs. One assumes many on a lower budget simply can't afford it, and therefore these people if at all possible will be using family members, often grandparents, to provide that. If you don't have a family member then it's costing you that $36K or whatever extra.
 
LostCorpse said:
very grim indeed

"Which means if you measured income inadequacy today the way Orshansky measured it in 1963, the threshold for a family of four wouldn’t be $31,200.

It would be somewhere between $130,000 and $150,000."


Median household income was $83,730 in 2024
so 50k differance

Poverty line : $31,200
or 100k for the poor
Click to expand...
The way they measured it in 1963 is no longer relevant. They need a new benchmark.
 
You must log in or register to reply here.
Back
Top Bottom