On quiet days in the stock market, you sometimes find yourself wondering... what's next?
What little companies, with no fame or fanfare today, will become economic juggernauts over the next 10 years?
Unfortunately, this is usually where people start guessing β or listening to the next guy, who's also guessing.
But AI changes one important part of the problem.
A human investor can only keep track of so many industries, themes and companies at once.
Software doesn't have that limitation.
Sharestep maps listed companies into tens of thousands of highly specific economic niches, then continuously scans them for signs that something interesting is happening.
Nobody has to think of the niche first. Nobody has to type the search query.
When some obscure corner of the market starts coming to life, the system can surface it.
That's the idea behind https://t.co/tgdK5MjRtK.
No market hocus-pocus. Just a field of view that would be impractical for one person to maintain.
@WallSt_Wiz I think there's a big trend of trading the run up rather than what comes after.
The narrative is confident, so traders skim the optimism before earnings and boost.
@jesustguzman For you guys who day trade, I'm curious - what's the hit ratio you're comfortable with?
I.e. how many trades come out green? Or does it just depend on total return and you don't care how many trades individually lose?
For example I just checked the UK.
Social rent (govt. assisted) averages Β£500 per month per household. Private rent averages Β£1400 per month per household.
The private number has risen much quicker in the last 10 years. So it looks like rent inflation is lower than it feels...
Could be similar in US, Canada etc.
π¨ US INFLATION CAME IN AS EXPECTED!
Groceries, Rent, Insurance, Gas & Diesel. Everything still feels expensive.
Hey @grok, why are ordinary people STILL Facing rising costs? π
Everyone was talking about $GOOGL and $MSFT yesterday.
In the meantime, optical component manufacturers had an extraordinary rally. Double-digit gains for $AXTI, while $LITE, $AAOI, $COHR and $FN ripped almost as hard.
Ferevish speculation around AXT Inc's Q3 earnings...