I think the dotcom bubble would still put this stuff to shame. Nowadays people are following the gummint around and buying up stocks hoping the gummint buys, too. The first time I thought it may be similar to the dotcom bubble was when I watched Trilogy Metals triple in one day because the gummint took a stake in them. That's when I said "yeah.... this may be dotcom'ish". Back then freaking mutual funds were doubling in a year. I don't see that yet, but stocks doubling and tripling in a day or a few days wasn't all that uncommon. We've got people now riding INTC because everybody and their mother is propping them up - the gummint, allies, enemies, etc. INTC is over there wondering what they're supposed to be doing while they're being propped up. lol. Weird, weird, world. Not to mention it ain't just the AI space. Lots of other sectors have been booming the past few years (some of it driven by AI needs). Everything seems to be going up. Not that I'm complaining. Just hope they all don't crash at once. But if they do, hey - buy up.
why ORCL down >5% today ? after a report revealed the company's artificial intelligence cloud business operated with very thin profit margins and lost early $100 million from renting out Nvidia's high-performance AI chips. According to internal documents cited in the report, the gross profit margin for this business was roughly 14%, a figure much lower than what analysts had expected. This suggested that the high costs of running the advanced AI chip infrastructure were weighing on profitability. https://www.politico.com/newsletter...2025/10/07/trump-california-shutdown-00597117
If I recall, the DXY was at a peak that somewhat coincided with the dotcom bubble (right around the time of the collapse). I think the market started collapsing and so did DXY. It goes through these boom bust cycles. If you look at the DXY chart, it's like a boom cycle happens right around the time the DXY starts going back up after a collapse.
I admittedly don’t pay attention to gold prices but like to buy some physical gold every now and then and it’s been pretty stable at $2000 an oz. Last I saw it was $3000 an oz and I was like well what can you do. So I go to buy a few ounces and wtf it’s now $4000 an ounce. My dollars are becoming worthless.
Trump needs to stop running his mouth. 500 point drop cause he is mouthing off about China Tariffs again.
But then how will his buddies make money? They load up on puts, he talks nonsense, they unload their puts, he chickens out whatever BS statement he made.. rinse and repeat.
I'm a boring old buy and hold type of dude. I've been trimming since mid Sept, things just don't make sense to me. I've made a good deal of money during this Biden/Trump bull market by being boring and the result is I sleep well at night. Do enjoy these types of threads to see how others go at it, especially in these times. I just know myself and don't have the temperament for the short term moves.
today China accenuated its tariff negitiation leverage with this China tightens new rare earth export controls , to the detrimant of US chip makers, mushrooming to the MAG 7 stocks as well msft dropped 11; my spread on MSFT was in-the-moeny, now it's out-of-the-money there is 19 more days to MSFT's next earnings release
Here we go. It was just a matter of time. When the tariff absurdities marry up with the AI bubble, look out below! If you've been thinking of selling your house, you might want to do it now and hope you can sell high and then buy low in a bit.
I like it better when we get some small snippets of tariff talk, lol. I didn't like the timing of this one but was worried it'd be coming, can't keep having it on easy mode, right?? Haha
