StockCats

Back in the Twitter days I associated with some shady characters

@TukiFromKL x.com/RealStockCats/…

🚨 Let me tell you why this Goldman Sachs headline is the most dangerous one you'll read today.. Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure around AI".. replaced entire departments with chatbots.. And Goldman Sachs just said it contributed basically zero to economic growth.. so where did the money go? > It went to Nvidia.. $130 billion in GPU sales.. Jensen is the only man on earth who got rich from AI that hasn't produced anything yet.. > It went to stock buybacks.. companies fired people, cut costs, reported "record profits" and bought back their own shares.. the money went UP not OUT.. Jesus! > It went to a bubble.. the same way crypto money went to Lamborghinis and not infrastructure.. AI money is going to valuations and not productivity.. here's the part that should terrify you.. They already fired the people.. Atlassian 1,600.. Meta 21,000.. Block 40%.. Amazon warehouses.. the jobs are already gone.. But the growth didn't come.. the productivity didn't come.. the revenue didn't come.. they burned the village to build a city that doesn't exist yet.. and Goldman Sachs just looked at the empty lot and said "there's nothing here"

@Stock_Pursuit yeah I am because $SPX looks like a rounding top and it "feels" like news could hit the wire at any time that causes a significant down move - however "mission accomplished" news could turn it around on a dime, so say 3

@RealStockCats Are you real bearish on equity indices? Scale of 1 to 5 on bearish

feels like the only thing holding up this market is the puts they want to expire worthless tomorrow

@walter_schloss yeah I kind of rushed things but x.com/RealStockCats/…

@RealStockCats If the price moves from 120 to 100 (as shown on your chart) it is not down 20% , that would be at 96 ...

oil is in a bear market for almost 4-years now but you won't hear that on the news

sorry tech bros, AI can't repair destroyed infrastructure

yeah but can AI live in a cabin in the woods off the grid?

@RealStockCats Soon they will track you and change the digital price tag based on credit score and algo calculated "perceived product need." Just like the airlines do now.

so my local Walmart installed "digital price tags" on all the shelves recently - I guess that means they can lower prices remotely with a couple click of a mouse now

on the other hand, they could raise the price of cat food when they see me pull into the parking lot

If you're getting your news solely from mainstream U.S. sources - CNN, MSNBC, Fox, Newsmax (God help you) etc. - you are getting a very tiny Overton Window of propaganda.

Powell press conference recap: The Fed is uncertain about everything and is simply monitoring the situation

Powell is basically admitting during this FOMC presser that we are in stagflation.

the "rate of inflation" remains *somewhat* elevated prices are 25% higher than they were a few years ago

Best analogue I can think of for today's market vibe is the period in mid Feb 2020 bf Covid when the news flow was uniformly negative but people weren't selling bc they were bulled up on other themes and were scared of missing the uptrend that was set to resume once Covid faded.

@RudyHavenstein videos like this are a threat to our democracy

I got the memo. Short-term pain for long-term gain!

@EvaderDirt I wasn't aware the Sultan was following me and it seems like RKitty isn't very active here anymore, so I just started over with this new handle

I've read about your original UserName getting hacked, and you were explaining to someone that the platform doesn't make it easy. On one your accounts (pic below) you had a couple of unique followers. RKitty and Sultan were following you at one point. Wondering if you still keep in touch..? 🙂

Back in the Twitter days I associated with some shady characters

add a "fuel surcharge" to the bill and if anyone complains tell them it's "transitory"

@no_pullbacks basically the same concept x.com/RealStockCats/…

@RealStockCats Because higher gas prices are an excuse to raise other prices and then conveniently forget to lower them if gas were to decline in price again. Funny, but true.

so everyone is freaking out because the "nominal" price of gas is about the same as it was 15 years ago

@StealthQE4 if the market gaps down at the open then up - if the market gaps up at the open then down

So stocks up or down on Monday?