Trading the stockmarket (NO Referrals)

Palantirs been bouncing around 21$ for months and finally seems to have broken resistance :)

Tampa General hospital has been using them and just renewed on the deal
Egm9E0J.png

seems like pretty good results for them, people were crying about privacy when the NHS was trying to use them...


throwaway4372 said:
If I won millions today I'd retire and be happy not working. No chance in hell I'd be back at work just for something to do.
Click to expand...
Same, I could probably live off less than 100k in interest/dividends a year and still really enjoy my life.

probably only needs about 2.5mil to do it, no idea how lottery winners seem to end up miserable or broke
 
Last edited:
Minstadave said:
With nvidia they're not trying to make money out of AI. They're selling the hardware to everyone else trying to make money out of AI, even if AI doesn't make anyone any money eventually they'll be a lot of hardware sold.
Click to expand...
I think the things I'm sceptical of re Nvidia are
- Will AI enthusiasm last longer than a year or two if it does turn out to be mainly hype with limited business applications aside from stock image generation and low stakes customer service chatbots? Market could be saturated quite quickly...
- If current AI industry does manage to start a genuine revolution and the demand for hardware continues to grow, how long can Nvidia maintain it's semi monopoly? Early market leaders in new fields often fall to others in the end, plus regulators might intervene at some point... Is there really that much of a barrier that AMD or Intel or Qualcomm or some other competitor won't be giving them a run for their money in a few years? Idk
 
Last edited:
I added some Intel to my portfolio as I think it could be a decent play on the AI bubble given it's barely moved, on the other hand it could also continue to barely move! :D

I want more NG, Rights Issue I think means new shares pop up on 12/06, I suspect some may sell for instant profit, going to be watching for top up opportunities on it.
 
Last edited:
throwaway4372 said:
Dunno about other companies, but we're peeing money away having devs work on implementing ai functionality which is utter garbage. Hard to see how that's positive for stock price.
Click to expand...
It's very early days and the garbage provides experience which then leads to much better things. Use cases for AI are endless and will allow other future technologies to progress, such as robotics. See is as a gold rush. Nvidia is providing the tools (very expensive shovels) for those wishing to implement AI (dig for gold).
AI will likely go through the bubble stage and then the industry will mature and grow out of it.

I carried out an experiment the other day as I hadn't really used ChatGPT much. As someone who trades I was looking at a financial tool that a company was selling for £100. It's nothing complicated hence only £100 but I wondered how ChatGPT would do. In 30 mins together we had generated the main functionality the tool offered. This involved asking for code, ChatGPT generating it, refining the code by asking for stuff to be parameterised etc, me asking ChatGPT to fix a few errors which it then did, and then me testing it. It came apart a little later when I tried to add more functionality to make it feature complete but that might have been partly my fault.
As someone who can code, of course I could have done it myself, albeit taking much longer. ChatGPT is definitely a tool I'll now add to my tool belt.

And people have been doom talking Nvidia for years but look at where it's at today. Chances are 10,20 whatever years from now it's going to be a much more valuable company than it is today.
 
Last edited:
radderfire said:
You might never reach retirement age so keep that in mind.
Click to expand...

For Sure. There's a different balance for everyone. As long as I can be on holiday for every single day of my annual leave, anything else can go to savings.

I certainly would never do that FIRE thing
 
HungryHippos said:
Dumb advice not to plan for it, what if you do make it and you've spent all your money?

It's called planning so you aren't left out to dry.
Click to expand...

I'm not saying don't plan for it, I'm saying don't put off living your life just to wait for your pension. For instance, there are ways to travel the world very cheaply, and if he does that, he won't need so much of a pension. A big pension is not everything, especially if you never get to take it. Also, remember you may not be able to enjoy life as much when you're old, for health reasons.
 
Last edited:
Spoiler Alert!!

Just watched Patrick’s video on elections and how the India stock market tanked as the incumbent PM who’s pro business didn’t get the majority that people was expecting. How the Mexican market dipped as the very left wing leader won and they expect changes that are non market friendly.

Another QI takeaway was that the FTSE finished higher for every UK prime minister from when they first became prime ministers.

Interesting year with labour forecasted to come in to power and Trump a head of the polls..
 
DarrenM343 said:
It's very early days and the garbage provides experience which then leads to much better things. Use cases for AI are endless and will allow other future technologies to progress, such as robotics. See is as a gold rush. Nvidia is providing the tools (very expensive shovels) for those wishing to implement AI (dig for gold).
AI will likely go through the bubble stage and then the industry will mature and grow out of it.

I carried out an experiment the other day as I hadn't really used ChatGPT much. As someone who trades I was looking at a financial tool that a company was selling for £100. It's nothing complicated hence only £100 but I wondered how ChatGPT would do. In 30 mins together we had generated the main functionality the tool offered. This involved asking for code, ChatGPT generating it, refining the code by asking for stuff to be parameterised etc, me asking ChatGPT to fix a few errors which it then did, and then me testing it. It came apart a little later when I tried to add more functionality to make it feature complete but that might have been partly my fault.
As someone who can code, of course I could have done it myself, albeit taking much longer. ChatGPT is definitely a tool I'll now add to my tool belt.

And people have been doom talking Nvidia for years but look at where it's at today. Chances are 10,20 whatever years from now it's going to be a much more valuable company than it is today.
Click to expand...
I've said this on another AI thread, but AI workloads will be moving away from the datacenter. At the moment these AI companies are haemmoraging money paying all the energy and hardware costs for running inference on these models like ChatGPT, Gemini, Copilot etc.

The new Microsoft Copilot+ hardware spec for laptops, and the upcoming Pixel 9 are these companies moving the workloads onto consumer hardware so we pay the energy costs. (as a nice side effect, all this new hardware has 16gb RAM minimum, finally).

This will be the model in future, and will significantly reduce the demand for data center hardware. Still needed for training and research of course..... but the gold rush will plateau soon.
 
I couldn't buy ARM in my isa. But there was a 3x long.

Well. That is certainly doing well. Up 80 percent and I didn't get in at recent low.

Most of my buys are now vuag. For every pound I invest 25p I put in an individual stock 75p in vuag

Same as TSM. Had to get a 3x

As usual my old UK stocks are not doing great. Gradually exiting them for vuag
 
Last edited:
Whilst I do throw some investment into VUAG it's hard to see S&P 500 just rising forever, imo it will be the first thing to get rekt in a crash.

I'm still buying it but reluctant to make it my main investment personally, even if other developed world trackers are heavily into US, they're not 100% US.

Feels like S&P 500 at the moment is the high risk/high reward option, if tech stocks keep crushing it you'll be glad to be heavily in it.

By the way T212 are doing the ref scheme again for anyone who uses them, they had paused it recently but it's back as of about 2 days ago.
 
HungryHippos said:
Whilst I do throw some investment into VUAG it's hard to see S&P 500 just rising forever, imo it will be the first thing to get rekt in a crash.

I'm still buying it but reluctant to make it my main investment personally, even if other developed world trackers are heavily into US, they're not 100% US.

Feels like S&P 500 at the moment is the high risk/high reward option, if tech stocks keep crushing it you'll be glad to be heavily in it.

By the way T212 are doing the ref scheme again for anyone who uses them, they had paused it recently but it's back as of about 2 days ago.
Click to expand...


Ooh. I will see if I can offer it to some mates. The t212 refferal

Yeah it is a tad risky. But I don't really see any other markets growing any better. Europe seems a bit of a dead duck. And I do think big tech isn't in a bubble. Over valued maybe. But I don't really see anything as a better bet.

I mean I'm tempted to divert some cash into Microsoft. But obviously being in vuag you're doubling up there too.
What I'm seeing in my line of work from Microsoft is starting to bear fruition. It's a bit patchy but man, copilot is actually useful. Thought it would be garbage. That's just one example. Let alone the cloud/data infrastructure progress!
 
Last edited:
413x said:
Yeah it is a tad risky. But I don't really see any other markets growing any better. Europe seems a bit of a dead duck. And I do think big tech isn't in a bubble. Over valued maybe. But I don't really see anything as a better bet.
Click to expand...

Yes it's just whether the current march onwards can continue or not, markets are cyclical in nature and we've not had a good crash really except the covid dip that was really short-lived.

I am planning to DCA into stocks next 2-4 years probably (drain from Cash ISA to Stocks ISA) even though I know lump sum investing is better, if we get a proper correction in this timeframe I'll accelerate buying accordingly, as long term any dip is a buying opportunity as long as the underlying thing is good.

My main play is still going to be funds/etfs, I have a few UK stocks as well, but I want most of my portfolio to be simple to manage. I will also be betting on VUAG out-performing a bit here but just going to keep it somewhat reined in :D

If S&P 500 has a good drop I'll load up.
 
I'm very much into simplifying now. I just can't be bothered with micromanaging single stocks anymore. Honestly. My UK stocks have been a big let down. Even though keep hearing UK stocks are undervalued.. That's great... Except they seem perpetually undervalued
 
You must log in or register to reply here.
Back
Top Bottom