Anybody Buying Yet? Where’s the Bottom?

[Nick87]

Didn't Kevin O'Leary just get the go ahead to start building his 40,000 acre data center in Utah?

What about Canada?

 

[Flatrock]

2 days last week when it went up over $200 a share. At $1550 just wondering if I should buy more. Saw a report sometime back with a price target of $2500. Reminiscent of SCMI, LOLOL!!

What about MU at $750?

I have no idea on either of them. Sandisk is up over 30x this past year! Pretty crazy.

 

[mtmiller]

I have no idea on either of them. Sandisk is up over 30x this past year! Pretty crazy.

I wish I had gotten on the train so I could afford SSDs.

 

[jryoung]

I have no idea on either of them. Sandisk is up over 30x this past year! Pretty crazy.

When your buddy in the storage industry gives you the lowdown in October and you have additional conversations over the next couple months and still don't listen.

 

[SAJ-99]

Tech layoffs are on a blistering pace due to AI. Good for those stocks, bad for the economy. Eventually we will see problems from all this. Right now investors are ignoring a lot.

 

[Irrelevant]

Tech layoffs are on a blistering pace due to AI. Good for those stocks, bad for the economy. Eventually we will see problems from all this. Right now investors are ignoring a lot.

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Great for my potential house offer. Those tech Bros were buying homes, second homes, investment homes, IDK, over here driving our market up

 

[SAJ-99]

Great for my potential house offer. Those tech Bros were buying homes, second homes, investment homes, IDK, over here driving our market up

And Big Sky, Whitefish, Jackson, Vail etc. the problem is when it bleeds into the broader economy.

 

[Irrelevant]

And Big Sky, Whitefish, Jackson, Vail etc. the problem is when it bleeds into the broader economy.

I've had my fingers crossed for a recession for over a decade. Bring it on!

 

[Bonasababy]

Tech layoffs are on a blistering pace due to AI. Good for those stocks, bad for the economy. Eventually we will see problems from all this. Right now investors are ignoring a lot.

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There are IMO a lot of people saying it will all work itself out based on the past entrance of new tech into the job market.

What they arent taking into account is that in the past changes took years to realize. AI is on a much faster, much more accelerated timeline.

 

[Flatrock]

Tech layoffs are on a blistering pace due to AI. Good for those stocks, bad for the economy. Eventually we will see problems from all this. Right now investors are ignoring a lot.

So what are people supposed to do? Sell? Get defensive because of some layoffs? There is also blistering growth from AI. There are ALWAYS negative things happening in the economy and reasons to sell. Yet somehow stocks and the economy just go up and up and up. Weird.