Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

Oil going down, and S & P going up. You should be happy!

I'm always happy.

 

[BigHornRam]

I'm always happy.

Really?

 

[Big Sky Guy]

We all should just be happy they are working to fix the problems facing ordinary Americans.

For sure. Ordinary Americans always hate having to have ten 100's in their wallet. Now we can reduce that to four 250's!

 

[SAJ-99]

Really?

I don’t do stupid very well, but I have learned to walk away for that. I have created a nice little bubble.

 

[SAJ-99]

@SAJ-99 What are your current thoughts on the potential market impacts of the pending IPOs for Anthropic, SpaceX and OpenAI? Who is most likely to be impacted by the potential "Liquidity Drain" and potential fast tracking into the S&P?

Looks like a race to go public. Not a surprise given even the appetite for these names. However, I'm not sure on the timing. Why the sudden rush? Do they think that there is a limited amount of money for the IPOs in the space? Or are they worried that once a competitor has to start public reporting of data, the BS tour will come to an end?

Anthropic Files Confidentially For IPO

Anthropic said Monday that it has submitted a confidential filing for a proposed IPO, marking an escalation in the race among generative AI behemoths to make it first to the public market.

news.crunchbase.com

 

[noharleyyet]

I don’t do stupid very well, but I have learned to walk away for that. I have created a nice little bubble.

If that bubble is objectively transparent you've had at least six consecutive admins of disdain....

 

[SAJ-99]

If that bubble is objectively transparent you've had at least six consecutive admins of disdain....

The bubble needs to be transparent because we all need sunlight, Vitamin D and such. But yes, if I worried about being disappointed by Admins I would be very depressed.

 

[PoleX]

I’m trimming a little on chips and YOLOing into SaaS.

 

[jryoung]

I’m trimming a little on chips and YOLOing into SaaS.

Put some money into NOW last week at $99.

 

[PoleX]

Put some money into NOW last week at $99.

That one is on my list as well. I've only pulled the trigger on CRM so far and It's had a nice jump. It's a long play for me so I'll check back in in 3-5 years and see how it plays out.

It's a pretty simple move IMO: These all got beat down and misunderstood when all the LLM's started coming out as if they'd suddenly be replaced and anequated. I use and have used software/services from this list weekly if not daily for over a decade. AI is only making them better while increasing their operational efficiency and profitability. Just my 2 cents. I'm at peace with the decision regardless. Hard to know when to take profit, but I'm pretty top heavy in chips and I haven't had a conviction like this for a while.

 

[PoleX]

Kenny Rogers guides a lot of my trades so don’t take advice from me :