Can't stop thinking about how much lower we were when ChatGPT debuted... If this DeepSeek thing is the real deal, watch out below.
IMHO, this DeepSeek-gate is a bit overdone. It's just a chatbot. Even the Spanish government did a chatbot Most of AI's value, AFAIU, is in (future) self-driving cars. And in the more distant future, robots (not Tesla humanoid BS robots, but actually useful robots), think something like a fruit-picker, brick-layer, etc., that can really function autonomously. Not saying that Nvidia et al won't fall harder, they were probably inflated. But, again, imho, this Communist copycat changes very little. But we'll see, I may be dead wrong. It wouldn't be the first time
I’m have had a pretty decent lead with scalping and I’m overtrading now, so this is my final exit for the day. Have a good day. Keep your wits about you.
I'm trying to pick a bottom here on ES. Enough selling for one day. NQ does seem like it can roll over, though?
Sorry to hear that See YM vs. NQ I find it amazing that even with Nvidia down 17%, the YM is still managing to stay in the green. Also, it made its LOD two hours before ES and NQ NG down up to 8% (it seems that many data centers run on gas-generated electricity and today is the end of the world ) I'm looking forward to the reports later in the week discrediting the Chinese chatbot Edit: big funds must be in emergency mode trying to determine if the Comm-bot is for real and what the actual impact is. Then they will decide how to fuck their customers one way or the other
We're one headline or tweet from a big rally. EDIT: I haven't been paying too much attention or studying up, but seems like a potential overreaction. Could be something to it of course. Who knows.