AI Rethought: OK AI- I have been very negative on. And with good reason. I do research out the yahoo for what I do. Every paper I have penned on the market's moves, every post I have made here at ET comes from hours and hours of hard work. I don't like shortcuts. And AI is a badly executed shortcut. When you read an AI generated news story it reads like crap. Kids not doing the work on school papers it's an AI cop out. There is nothing we really need now from AI. If you use your phone now to travel you have a mapping system it works you don't need AI. AI to the consumer = fraud. And tricksters trying to trick you.... BUT WHAT DOES AI MEAN FOR ALL THE COMPANIES IN THE STOCK MARKET? And here is where my tune is changing. Yes the mega guys will crash because their cash outlay does not match the result. But what of every day companies... The reach of AI and the way in many little ways AI can contribute to cutting costs... it does perhaps set us up for a future of growing earnings.<---- The overall EPS picture for the markets for the next ten years is going to be HIGH. Higher than it would of been without AI And that allows PE's to drift up. So while there may not be a killer app that we all need... many many companies will benefit in small ways and the combined effect will be stronger overall Earnings.~si
SBUX at $96 seemed off, I agree with Stoney the guy who thrashed CMG portions will he dilute SBUX coffee to save costs?
$390--$400 is NT resistance. April 4th it broke from $448<-- That would be my Shorter term target before it corrects. (if it doesn't at $400)
Retail sales breakdown: Electronics, appliances, and personal care shine as big-ticket categories lag LOGI @$88 It's got work to do at $90 but then... $95 looks easy.
I am luckily not in SIGA now! They just failed MPOX a trial. I know I shouted out a hold yesterday for upgrades but... safety first. SIGA SIGA Technologies, Inc. $11.972.54(+26.94%)4:00 PM 08/14/24 NASDAQ |$USD |Pre-Market:$7.74-4.23(-35.34%)8:59 AM
HOOD Robinhood Markets, Inc. $18.650.24(+1.30%)4:00 PM 08/14/24 NASDAQ |$USD |Pre-Market:$19.40+0.75(+4.02%)8:58 AM
GOVax moving again now! on the SIGA trial fail.. watch->)GOVX GeoVax Labs, Inc. $3.250.75(+30.00%)4:00 PM 08/14/24 NASDAQ |$USD |Pre-Market:$3.88+0.63(+19.38%)9:04 AM