It's January 1999, bears are calling for a crash! Market rips another 26 percent until march of 2000 just after the hanging chads incident! Where are we now?
@market_sleuth abig overnight move like that turns the next 2 days into consilidation chop mode. We could see further downside but they probably box this till er and data release.
Bears had their way finally. I'm figuring Trump signs a deal this week with Iran which is a priced in 2 to 3 percent to the upside possibly putting us right back at all times highs with some fresh short powder for another leg up. Things go badly then we are going into correction
How much does it cost to flood the media with fud to tank the markets? I mean there are people and firms getting rich to try and derail the markets right?
Easy says INOD is one of the clearest AI infrastructure plays
"AI is scaling exponentially and the more data it ingests, the more clean labeled data it needs"
"Companies outsource this because it saves time, energy and hiring costs, and that’s where Innodata comes in"
Red alert on amd, adcd showing completion here but of course it could keep going. Im expecting wick up tomorrow and dump. The news is perilous right now and taco tuesday is here!
This tech driver is of course miniscule to the ai demand but has put significant pricing inflation on all sorts of tech. Amd's track record the past 10 quarters is 90 percent bearish earnings play wise. Maybe the coin flips bullish and the melt up continues.
Not sure if anybody has noticed the huge amounts cyber/ransomware attacks the past six months. So what happens is that these companies have immediately refresh their entire hardware and software fleet especially holding out after covid. This has been a huge driver for tech.