Yes, we all have to make adjustments. I sold out of my retirement portfolio and have went all in on polymarket bets to have a comfortable retirement with less risk.
Nothing like making a buttload off of tacitly legalized insider trading - perhaps even in a state which outlawed gambling. What a time to be alive!
Did you get a chance to see this? https://www.justice.gov/opa/pr/us-s...ied-information-profit-prediction-market-bets
I did. I wonder if the John Oliver video had anything to do with it. Only the little people get punished.
There is no telling how lucrative all of this has become for quite some time. It is just too easy for those in the know to partake in this type of endeavor.
I had a BIG FAT gain in my stocks today. In spite of AAPL and COST being in the red. I also had a HUGE beat on the SP500 with my stocks by.....1.54%. TGIF
With yet another week in the books I am now year to date for my entire account.....+4.84%. A really good little RALLY that wee are in right now.
A nice little article. All Time Highs (SP500) versus All Time Lows (Consumer Sentiment) https://ritholtz.com/2026/04/aths-vs-atls/ AND....a primary reason why this can happen at the same time is sentiment surveys DO NOT capture how people are feeling....they tend to capture what the media is spouting.....which is constant negativity....parroted back by those being surveyed.
This is a shame. The Last Tree Standing https://tonyisola.com/2026/04/the-last-tree-standing/ "Many dread retirement for all the wrong reasons. They work because it’s all they know. Their identity and social circle orbit the workplace and they’re terrified of severing the ties. Work becomes who they are not what they do. Despite being financially comfortable they can’t let go."
Sounds fine to me. If I choose to invest in this IPO....this is EXACTLY who I want to see in control. SpaceX’s IPO Plan Will Give Elon Musk Ironclad Rule Over the Resulting Empire With great power, etc. https://futurism.com/space/spacex-ipo-elon-musk-stocks
The story of the day. Nvidia stock clinches record close, pushing market cap over $5 trillion once again https://finance.yahoo.com/sectors/t...cap-over-5-trillion-once-again-173529477.html
AND....the close today. S&P 500, Nasdaq close at records, boosted by Intel, as investors hope for a restart to U.S.-Iran talks https://www.cnbc.com/2026/04/23/stock-market-today-live-updates.html
As to....INSIDER TRADING. I dont waste my time being concerned or thinking about it. I am sure it is RAMPANT. There are going to be all sorts of insider issues with the new....."Prediction Markets".....CASINOS masquerading as trading and investing. They will be IMPOSSIBLE to manage in terms of insider trading. AND...I am sure it will also be used as an excuse to CHEAT some little person out of a big hit....that is legit. I dont trust anything to do with any of those gambling sites. Just because those that are....CONNECTED.....can play their little games is not relevant to me. As an actual "legal" investor I dont have the time or energy to worry about all the insiders and their connections that allow them to scam the system. It is NOT a zero sum game....I hate that phrase.....whatever they do or make is NOT relevant to what I do and make...legally. At least over the long term.
As to the above: I was curious about all the AI systems and other speculators trading the daily news and headlines. About two weeks ago I asked a friend that used to be a high level Merrill Lynch VP and is still in the business.... if reporters tipping off traders to upcoming stories or headlines or news content.....and those tips being traded on just before publication....would be insider trading of some sort under the current rules. He said......NO. To me this is where the big money could be made....having advance notice of news and opinion and headline content on a day to day basis from reporters, editors, and others....that are giving out the information under the table in advance of publication.
YES.....these GAMBLING SITES....pretending to be investing in my view......are subject to RAMPANT fraud and scams....with NONE of the safeguards that are in place in a "normal" casino. AND I believe that many big winners.....even if perfectly legal...will often be harassed and challenged to death........before they ever receive a penny.
What a CRAP article this is. Basically NOTHING more than a fear-mongering headline. There is absolutely NOTHING....ZERO...of any substance in the article. This was a top of the page....headline article on a major site. AND.....yes these companies are going to cut many, many, employees. Over many years they ALL got way too FAT with workers. Look at "X" (TWITTER)....somehow they are doing just fine with about 60-80% less workers. They went from nearly 8000 workers to about 2840 now. Private business is NOT charity. If a reduction in workers is justified or necessary it WILL happen. As a shareholder I do not want a company that I own being BLOATED with unnecessary employees. Big Tech's jobs cuts feel like an economic warning https://finance.yahoo.com/markets/a...-feel-like-an-economic-warning-100000161.html I would say that CRAP like this pretending to be journalism......are the real ECONOMIC danger and warning.
YES.....top talent is going to have a field-day in the current AI frenzy. AI talent war: Software industry is a new target as top executives jump ship to OpenAI https://www.cnbc.com/2026/04/25/ai-talent-wars-enterprise-software-executives-openai.html
