My thoughts. Sure....nobody is ever going to use this for nefarious or damaging purposes. They will and we all know it. I did watch a program a while back and it basically pointed to the same outcome. Some of the programs would simply not discontinue their own existence. Some wild stuff.
I had another good day today....a BIG gain. Only two stocks in the RED....AAPL and COST. I also beat the SP500 by 0.43% today.
We are all set up for a BANNER WEEK. Powell has talked. The little spat seems to be over in the Middle East with Iran's nuclear aspirations SMASHED for now. Oil is back down to where it was. Etc, etc, etc. It would be nice to end the week with three GREEN days in a row. We have a good....probability....to do so.
Yes Smokie. Since these....thinking machines....are being built, set up, and programed by.....HUMANS.......and....being given access to ALL human knowledge.....they will have our innate desire to live.......as well as ALL of our flaws....lying, cheating, criminal behavior, etc, etc, etc. Off the cuff.....I would put our odds of surviving AI at about....50/50.....at best and probably actually much worse. AND if we happen to survive....that will only be because the machines either need us for some reason....or consider us irrelevant......or see us as some sort of toy to play with.
With the SP500 at about 6100 at the close today. I am reminded of my prediction at the start of the year to end 2025 at SP500......6800 to 6900. To hit my minimum of 6800 from here will take a gain of about....11.4%. Here is what some are saying. Wall Street bull calls for another 10% rally in S&P 500 by end of 2025 https://finance.yahoo.com/news/wall...rally-in-sp-500-by-end-of-2025-200633557.html "The S&P 500 (^GSPC) is back within one percentage point of an all-time high. One of Wall Street's notorious bulls believes the benchmark index has plenty further to run this year. BMO Capital Markets chief investment strategist Brian Belski boosted his year-end target to 6,700 from a prior forecast of 6,100. Belski had previously reduced his forecast amid the tariff turmoil that tanked markets in April." MY COMMENT With the runway we seem to have ahead of us right now.....I am feeling pretty good about my prediction. Of course.....NO ONE....can predict the markets over a span of 6 months.
You have my prediction from the start of the year. ANYONE ELSE....got any year end SP500 predictions...starting here at about mid year?
