ac

213 posts

ac

ac

@ac__05

Katılım Ağustos 2017
67 Takip Edilen13 Takipçiler
ac
ac@ac__05·
@Crowded_Mkt_Rpt @biancoresearch Jim is far from a balanced view. He seems to reiterate headlines with little genuine understanding. I have caught him on numerous wrong takes that after just sensationalized headlines. Things he has no understanding. Seems like a common thing boomers love to do
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ac@ac__05·
room of "professional traders" @forexanalytix that can't take a little honest feedback when called out. Misogynistic, toxic, sexist, belittling community. No wonder Dale left suddenly. Thought I could still give it a try after Dale... Heck no, this is absolutely toxic.
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ac@ac__05·
@josephwang Why are non tech ppl so confident about what they think they understand about AI and what's priced in. The claims told by the CEOs raising funds and what engineers say/think are wildly different.
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ac@ac__05·
@WarrenPies Your type of work is one of the more easily replaceable by AI than other jobs that the top claim (as they lie in desperation of investments and funding). AI is useful but it's far from it's investment claims. Why is open AI pivoting to the most desperate ways to make money
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Warren Pies
Warren Pies@WarrenPies·
AI's impact on the labor market is no longer theoretical. In the most AI-exposed industries, job losses are accelerating (especially compared to their pre-AI trend growth). AI resistant industries continue to add jobs. As the year progresses, expect this wedge to grow.
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ac@ac__05·
@forexanalytix This is becoming unwatchable with Blake. I want to hear the others, less you, constantly selling your community. Every 2 minutes. Here's what we did yesterday... Blah blah social media.. come in our community. One more of this and unsubscribing. Miss Coach
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ac@ac__05·
@TimmerFidelity there's plenty of engineers like myself or AI creators like Yann LeCun that have long known the limits of LLM, and no possibility of AGI. Many companies have gone all in with those promises. Many lies being told about what LLMs can do in the future.
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ac@ac__05·
@TimmerFidelity I saw ur recent interview saying no bubble cuz there's healthy skepticism in circular financing concerns. But what about the bubble in promises of AI. CEOs have been sold they can invest in AI and save on hiring, while there's truth in that, some areas way more than others,
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Jurrien Timmer
Jurrien Timmer@TimmerFidelity·
But how big is too big for the AI trade? At what point do we have a market that goes up and down only because that’s what the Mag 7 are doing, and not because the majority of stocks are advancing? History suggests that we are already there. First of all, the tech and communication services sectors alone already count for as much as those sectors did back in 2000. And that’s not including other sectors in which the Mag 7 dwell (e.g., Amazon). And history is clear that when the Nifty 50 stocks go down, the index goes down.
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ac@ac__05·
@AnnaEconomist Also how it's used is also very inefficient if you consider the true costs. Like taking a jet to work. Some tasks are better w AI. But many that ppl are hoping AI will solve are more efficient and reliable w humans. A LLM is a useful machine and tool. It is not intelligent at all
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Anna Wong
Anna Wong@AnnaEconomist·
To naysayer of AI boosting productivity...it starts at the micro level. Exhibit A, Walmart's (who's moving from New York Stock Exchange to Nasdaq) earnings today. Walmart provides a strong signal (even a sufficient signal) of what's going to happen to US labor market in the next few years.
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ac@ac__05·
@AnnaEconomist AI can help SOME productivity. But the narratives are overhyped. What is priced in is questionable. True AGI is not on any path as of now. You can't extrapolate this tech that existed since 60s simply bc we got more data+ power now and a lot of industries woke up to it recently
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ac@ac__05·
@adamtaggart Adam, you have great work. I hope you read this. Your review analysis at the end is AI snakeoil. Pls watch the interview search "MIT AI snakeoil".
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Adam Taggart
Adam Taggart@adamtaggart·
Whoops - almost let this anniversary slip by accidentally It has been 2 years, two absolutely wonderful years, since I made the leap to full independence in order to better serve your needs with the highest degree of integrity THANK YOU to everyone who has supported me in this journey so far -- the viewers, the experts willing to come on the channel & the many offering support and encouragement I hope you have found this service of worthwhile quality IMO, @thoughtfulmoney is just getting started. If I successfully execute on my plans, the best is yet to come...
Adam Taggart@adamtaggart

Yes, the news is true: I have left Wealthion To hear why & what comes next, plus ask me any questions you have, read my new post at:

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The Wizard Of Ops
The Wizard Of Ops@WizOfOps·
Hey everyone, no @DarkMatterTrade today, so it is just me. It will probably be a lot of the same content as the substack, but I'll give a possible trade plan going into March opex. I'll follow that up with a mini AMA. Within reason. :) I challenge all Volland doubters to tune in today. Here at 8:30: youtube.com/watch?v=yWbC3_…
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ac@ac__05·
@WizOfOps @WonderExplorer2 @RPunor Agree with @WonderExplorer2 . The fact is many of levels or calls many can do a lot better using TA or other strategies. Yours don't work as well as you think. You constantly tried to predict all year and gotten way off in timing. Your data works for ODTE at best. Sucks any swing
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The Wizard Of Ops
The Wizard Of Ops@WizOfOps·
First, I do run a fund. Second, it has done just fine. Third, what fund do you have in mind that would full port 10d puts? Perhaps your idea of a fund is misguided. We hedge, exercise solid risk controls. Diversify in tenors, vehicles, and data points. Funds are not huge one-sided trades that full port theses and get 100% right. lol. But these last couple of tweets have been quite revealing about your trading experience and style. Until you become more introspective about your trading, every datapoint and edge will disappoint you.
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The Wizard Of Ops@WizOfOps·
Good Morning! The FOMC catalyzed a very significant drop in markets, dropping $SPX almost 3%. This is the drop we have been waiting for. Puts have been very underbought, and when watching yesterday on our live stream, the overvixing ramped up when we crossed 6000. The way the drop unfolded is exactly how I was describing, closing at a remarkably high overvixing, caused partially by illiquidity and by some put buying. I was not expecting the FOMC to cause the massive drop because I thought too many people were expecting what they said yesterday. A hawkish cut with fewer cuts expected next year was the base case. Projections of inflation in some cases seemed to indicate that FOMC officials believe inflation will increase next year. I agree with that group. Regardless, I'm sure you are asking what is next. With the overvixed put buying, there is now modest support down to 5800, but vanna is once again very low positive thanks to coming back in range of Dec opex ITM sold calls and the new ITM sold calls I mentioned yesterday. As a result, to advance, severe undervixing will be required at least initially. There is also a very solid chance of another leg down before that advance because of the low aggregate vanna. All that being said, yesterday was a very powerful overvix signal, which means within 3 weeks we should reclaim 6050. This signal was successful in August and September and is a very high probability signal. As a result, everyone who was looking for a Santa Rally now might get it, albeit from a much lower starting point. From a swing and long-term perspective next year, we are looking at 6250 all year long as the major resistance. There will be smaller monthly ones along the way, but 6250 (with possible peeking above) is very strong, although this year we passed the annual major call strikes, so it isn't impossible... but we still have to pay for this year, so I see that as strong.
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ac@ac__05·
@WizOfOps @WonderExplorer2 @RPunor "if you haven't made money ... on my calls" --completely trying to divert and put blame on others instead of owning mistakes. Plenty of traders make money while still being able to admit when they are wrong.
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The Wizard Of Ops
The Wizard Of Ops@WizOfOps·
If you haven't made money over the past couple of months on my calls, you should truly re-evaluate your risk management plan. If you look later, I also said that 5800-5850 gained support over the Dec opex, and that it made 5500 much tougher to reach. No one will ever be 100% in changing market conditions and flows, but if you want to cling to the call that didn't pan out and ignore the other 9 that did... you do you.
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