Well, who would of known that Google would be this year year's top performers among the Magnificent 7 (up 50%) despite it having the most to lose vs. ChatGPT

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My 2 cents it sounds like the wealthy in the know and are pulling money off the table. Now that they have retail money on table and pension pots it’s time to collect. Money spent on these data centres it’s a 5 year depreciation cycle. Apose to dot com where the fibres laid have been used for the past 50 years. You can’t convince people to spend on AI again in 5 years if the last 5 years of investment yielded very little return. For me the recession AI capex expenditure will cause will be a massive opportunity for wealth transfer. Dollar will depreciate significantly vs other tangible assets I also foresee crypto collapse along with the AI craze when people realise they’ve been duped. AI has its uses and will benefit in manufacturing, menial labour jobs scientific research for pattern and disease detection but, the margin for return on investment will be so low it will destroy faith in the investment. What maybe a saving grace is when the bubble pops and if costs can be brought down significantly it will cushion the blow.

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LEAPS on META vs using margin on robinhood to load up with shares at open - both have the same risk of wiping me out within a month, right?

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we can’t even get a real correction before it Vs back to all time highs again. Sitting on my hands until we get a real discount

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im torn. stakes were high but otoh- people were genuinely going to go hungry. choice came down to having unisnsured enrollees vs. mass hunger (very imminent.)

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Well, I guess you're in luck on that front. 99% odds it's going to be Gavin vs JD

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#Go to a mortgage calculator and put down 30-year vs 50-year. You are basically paying $200 less per month but paying for 20 more years. Terrible deal. LMAO🤌

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This is pretty wild, but not really all that surprising. This is the effect of the market leveling off and going down for a couple days. What if the market really sells off? Lots of pain for lots of novice traders. Personally I am flat plus a couple big positions I would like to reduce size on and a little gold. Sold most shorts end of last week.  Mostly in a trade mentality vs buying for swing or longer holds due to valuation and potential for further sell off.

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Im talking S&P7 vs the S&P493

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I think the party is over. We all know that we cant trust the numbers vs wayyy too high of valuations.

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