Yeah,wot the hell,you didn't share the love on SHARE trader??! :):):(:),You havnt come down yet?Was it Golden Tip Tops?
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Not to mention our school education is a joke. NCEA useless, current college students between Covid and strike action have lost nigh on two terms worth of education in 3 years. The quality for the rest of the time is churning out many that can barely read and write. I don’t hold much hope for eduction or health for some time….
https://online.hbs.edu/blog/post/bus...ity-strategies
WHY YOU NEED SUSTAINABILITY IN YOUR BUSINESS STRATEGY
These days tech stocks are everybody's darlings. Not for me. I prefer out of favour stocks with temporary issues now. Boring stocks are very beautiful. Better to buy boring stocks at beautiful prices than chasing hot stocks of today. I expect some kind of pull back in markets. It’s not a rocket science to identify value stocks. Are we going to pay PE ratio of 30, 50, 80 and 1000 for stocks and lose money? Besides, Growth companies cannot continue high growth continuously for number of years.
https://www.businessinsider.com/tech...decade-2019-11
The 13 biggest tech company failures in the last 10 years
https://markets.businessinsider.com/...price-12513423
MarketWatch First Take: Nvidia created an AI bubble, and software stocks are already paying the price
https://markets.businessinsider.com/news/stocks/tech-stocks-svb-banking-crisis-rally-overvalued-markets-investing-sp500-2023-3
Tech stocks are now among the most overvalued
THE BULL.... REPORT
Improved Stock Market Breadth Reflects Broad-Based Market Strength
Date: [09/06/2023]
The stock market has exhibited a notable improvement in breadth, indicating a more robust and broad-based market rally. The recent uptick in breadth signifies a healthier market environment with increased investor confidence and widespread optimism.
Expanded Sector Participation: A significant factor contributing to the improved stock market breadth is the broad participation of sectors in the rally. Previously, market gains may have been concentrated in a few sectors, but the recent trend showcases a more widespread distribution of strength. Multiple sectors, including technology, healthcare, financials, and consumer discretionary, have witnessed positive performance, suggesting a broad-based market rally.
Small and Mid-Cap Stocks Outperforming: Another encouraging sign is the outperformance of small and mid-cap stocks. These companies, often considered an indicator of overall market health, have shown resilience and positive price action. The strength in smaller companies indicates that investors are willing to take on more risk, which is often seen as a positive sign for market breadth.
Reduced Concentration Risks: The improved market breadth has helped alleviate concerns related to concentration risks. In the past, when a few large-cap stocks dominated market gains, it raised concerns about the vulnerability of the market to the performance of a handful of companies. The broader participation of stocks reduces this risk and creates a more balanced market landscape.
Rising Number of Advancing Stocks: An increase in the number of advancing stocks versus declining stocks is another measure of improved market breadth. When a larger proportion of stocks is advancing, it indicates a healthier market environment with more buying interest across various stocks and sectors. This broader participation enhances overall market stability and resilience.
Positive Market Sentiment: The improvement in stock market breadth reflects a positive shift in investor sentiment. As more stocks participate in the upward movement, it suggests that investors are increasingly confident in the market's overall trajectory and are more willing to deploy capital across a wider range of opportunities.
Looking Ahead:
The enhanced stock market breadth bodes well for the sustainability of the market rally. A broader participation of stocks and sectors signifies a healthier and more resilient market environment. However, market conditions are subject to change, and investors should continue to monitor indicators of breadth, sector performance, and market sentiment for a comprehensive understanding of market dynamics.
Conclusion:
The stock market has witnessed an improvement in breadth, signaling a more robust and broad-based market rally. Increased participation from various sectors, outperformance of small and mid-cap stocks, reduced concentration risks, and a rising number of advancing stocks all contribute to the positive market breadth. These factors indicate a healthier market environment and suggest a greater level of investor confidence. Nonetheless, investors should remain vigilant and employ prudent investment strategies while considering their individual financial goals and risk tolerance.
all hail the AI
First high value jobs already replaced by AI model ....Hedge Fund Managers ...thats what I just heard on CNBC ...interview with a Hedge Fund manager whose Chief Investment Officer is a AI model only ...wow ...as per him AI can learn faster and are more smarter at picking up trends and stocks
The role of AI in the field of fund management has been growing, and it has the potential to transform certain aspects of the industry. However, it is unlikely that fund managers will be completely replaced by AI. Instead, AI is more likely to be used as a tool to augment and support human decision-making.
AI can analyze vast amounts of data, identify patterns, and generate insights at a speed and scale that surpass human capabilities. This can be beneficial in areas such as data analysis, risk assessment, and portfolio optimization. AI-powered algorithms can assist fund managers in making more informed investment decisions and improving portfolio performance.
However, there are certain aspects of fund management that require human judgment, intuition, and experience. Fund managers possess the ability to interpret qualitative information, consider complex market dynamics, and adjust investment strategies based on changing conditions. Additionally, they provide personalized advice and maintain client relationships, which often involve a level of trust and communication that AI cannot replicate.
The most likely scenario is a collaboration between fund managers and AI technologies. Fund managers can leverage AI tools to enhance their decision-making processes, automate certain tasks, and gain deeper insights into market trends. This combination of human expertise and AI capabilities has the potential to create more efficient and effective investment strategies.
It's worth noting that the extent to which AI impacts the fund management industry will depend on various factors, including regulatory considerations, investor preferences, and technological advancements. While AI will continue to play an increasingly important role, the human element of fund management is expected to remain significant for the foreseeable future.
@dollarsanddata
The ChatGPT portfolio started trading on 5/16 and is up 1.4% as of June 6.
The S&P 500 is up 4.2% over the same time period.
Thanks for playing!
Imagine when the AI super computers can do technical analysis as well as some old man in NZ squinting at the screen (or 12) through their spectacles.
Then imagine when it develops the power to use moving average crosses to determine entry and exit prices.
Once that day comes, we're all rich.
But I think it's some time away before a computer can recognise simple patterns.