Anybody Buying Yet? Where’s the Bottom?

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.
 
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
 
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.
 
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.
 
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.
Huh? I never said that. Most people should move along with their investment plan. I'm sitting at about 75/25. This thread is for interesting ideas or concerns. Some people are in oil stocks, some in tech, some in chips. People are just pointing out things to watch or names that might benefit. If my posts bother you, use the block button.

You can go to other threads and see people disregarding AI capabilities. On this one people want to just bathe in the revenue and earnings and price rise. Eventually these things have to come together. When, Where, and How I have no idea. Enjoy the rise, but for the opportunistic, there are plenty of names to bet against and make money, if only briefly.

There are always things to be worried about, and that is good. There should be. And professionals worry about them because it's part of the job.

I have heard your argument before. Stocks can go down too. Totally normal actually.

"At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained," Ben Bernanke
 
Some of us are old enough to have been bit hard by putting too much into tech.

Bottom line it should come down to how much you are willing to lose.

Now that Im retired I have a pretty conservative mix but still take a small% to play with something riskier. That's been international equity funds lately.

Am intrigued by the new nuclear technology but like anything picking winners from stocks is especially risky when multiple players are in the game.
 

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