He's describing what an analyst theoretically is supposed to do or be able to do, without taking into account the fact that we don't live in a ideal world where theory and practice are the same.

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What difference would it make if you did understand what the FEDs dot plot was a year ago- in fact your probably better off not understanding it. You have a better chance of hitting on a prediction.

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I think the majority of people go to work, consume some bullshit entertainment, and get their information from the news. That’s all of the learning they do. There seems to be a lot of people who are clueless as to what’s going on. The guy was right about a lot of things. The Peter thiel crypto thing is something I don’t understand, but the majority of his corruption concerns and brainwashing of the masses are fact. Could he have articulated it better than to use television shows as examples? Definitely. But was he wrong that the people who control the entertainment industries(news, television, music) feed the masses a perception that they want the masses to have? Definitely not.

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>Lastly, I don't think the SEC is gonna look so kindly upon the fact that Trump's company is trying to tell people how to stop shortsellers. They are not trying to do that. They have just put a section in their website FAQ, answering to the question on how investors can stop their shares being loaned for a short interest position. The DJT investors wanted to know that and they have got their answer.

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Man I havent did a ER play in forever in fact I havent held a position overnight in a long while as well I like sleep

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The fact that he knows he does not understand his job is actually very encouraging, people like these are willing to really learn from experience and their seniors, what you don’t want to see is a fresh graduate going into a job and begin complaining that they are not given any decent projects or having their opinions taken seriously, courses taught in university always lag behind real life events, when students encounter a new problem their first response is often to find similarities with cases they’ve studied and try to find a solution, only very few people are born with the instinct to solve problems as is, these are the people advancing their fields while others simply wade through their careers, there are many famous generals in history noted for their prowess but only one Alexander, Hannibal, Caesar etc.

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Brother markets dont only go up zoom out re$ar%\^, we havent even touched mean reversion that flips bearish. In fact we are simply just at 20ma and most bull markets rotate 5-10% at times back to 20ma-50ma.

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Ehh, but there were reasons why we were gapping up. We were expecting 6-7 rate cuts, record earnings from tech, data showing we were getting lower inflation. Again, there’s a reason why. In my opinion, I fell like this correction is needed, I just didn’t think it would’ve happened in 6 days. That’s why I’m saying we’re due for a bounce, weather it holds or doesn’t is irrelevant, the fact is we’re due for one.

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I am actually interested in this stuff, but they'd never hire me because of my undergrad's name and the fact that the degree isn't clearly business related lmao

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Fun fact: people who have been DCAing into the S&P 500 in 2024 at regular intervals are now down YTD.

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