WAKE UP.....FED. You are behind the curve. BUT...there is ZERO chance they will do anything before May. The FED is hopelessly mired in politics right now. Last month was the worst January for layoff plans since 2009: Challenger The layoff data follows major job cut announcements from Amazon https://finance.yahoo.com/news/last...ff-plans-since-2009-challenger-131244531.html
I will NOW exit this site for now. I refuse to waste time talking about IDIOCY. I would rather go and do other things today while I sit and wait for SANITY to return to the markets some time in the future.
FOR SALE: Beat up and beaten down old stocks for sale. Inquire at your broker. No reasonable offer refused. Here is the stocks that I consider a......FIRE SALE....although there is "possibly" more room to drop in this IRRATIONAL, down momentum, short sellers, market. Well make that a......."DUMPSTER FIRE SALE". MSFT.......6 months.......(-25%) AMZN......3 months.....(-10.37%) PLTR.......3 months.......(-30.68%) NVDA......3 months.......(-12.37%)
DUH.....this massive short term drop....is way overblown. Just look at the recent EARNINGS. You know "earnings".....those things that companies report every quarter. You have heard of them right? They are those things that old time investors used to use to measure the success of their companies that they owned. Yeah I am talking about WAY BACK.....in the ancient days of investing. I am talking about way back in the old days....before we realized that what was really important was...... all the media fear-mongering and rumor-mongering and made up drama. And all the manipulative BS that the short sellers and other traders and insiders float every day. NOW....that is something that investors can real rely on. Forget those pesky.....old fashioned....earnings. Come on....join the COOL KIDS of investing.....earnings are for CHUMPS. Big Tech CEOs seek to quell AI worries hammering software stocks https://finance.yahoo.com/news/big-...ries-hammering-software-stocks-170124972.html
You are talking to the wind......it is a NEW NORMAL. From now on just take your business advice from the MEDIA....they are experts in "business"....of course. After all.....they tell us so every day. 'I can do it in math': Wall Street's private credit giants try to calm AI fears amid steep software sell-off https://finance.yahoo.com/news/i-ca...s-amid-steep-software-sell-off-165544679.html "For those on the call that are thinking Fortune 500 companies are going to take all their software and just rip it out and just say, 'I'll just ask ChatGPT,' that's simply not the way it works. Don't take my word for it again. We're not technologists. Take Jensen Huang's words for it," Blue Owl (OWL) co-CEO Marc Lipschultz said on the company's fourth quarter earnings call Thursday morning." .......... "Of course, I can do it in math," Lipschultz said. "But there's no relation to any practical statistic that would lead to anything other than ... a lower return for a year, [or] you get a lower return for a couple of years." The executive added that one would "have to destroy 70% of the value of every one of these software companies" for the current losses being priced in by the market to come to fruition." I put this up here as GENERAL commentary. I DO NOT follow any of the companies in this article....including Blue Owl.
Of course they are......this is what business does. NO....they do not just follow the media BS. I guess they just did not get the MEDIA message that their company is wiped out. The AI that spooked the stock market just got a big update https://finance.yahoo.com/news/ai-spooked-stock-market-just-174546333.html
HEY.....AMZN owners.....run for the hills. It is earnings day. Tomorrow the stock will drop like a rock. Only two hours till........the ZOMBIE APOCALYPSE....for AMZN. Barricade the doors.....get out the silver bullets......stock up on stakes and crosses......cover everything in garlic.....make sure all your windows and doors are protected with salt. Tomorrow...we all die.
