What AI Stocks do you like?

[OSU Beavers]

Most people know next to nothing about the stock markets and conflate "The Market" with a healthy economy. The opposite is often true as we have been seeing for four years as the average American suffers under an awful economy while the market indices have been having a very nice run.

America as a whole was more prosperous, content and free when we made our own stuff, raised our own food and didn’t ship jobs overseas. If we can get closer to that model it might mean lower returns on your stock portfolio but it also should mean a better society for the American people.

 

[Gobears81]

The election gap on IBIT is about filled, reached oversold territory, and STILL above the 200 EMA

 

[Joe Flacco]

The election gap on IBIT is about filled, reached oversold territory, and STILL above the 200 EMA

If you look at weekly bars for Bitcoin it is not anywhere near oversold.

If you are looking at daily bars and want to buy the dip because it is oversold, what you really want to see is the oscillator or indicator hit overbought and then oscillate up and down in the upper half of it's range. If it hits oversold then it can start just oscillating in the lower half of the range which is what you would see when the price is trending lower making lower highs and lower lows.

 

[Joe Flacco]

What MSTR is doing buying Bitcoin with debt just makes me feel like they are going to get blown up. Maybe they are just smarter than everybody else, but that is the kind of behavior the market likes to punish.

 

[OSU Beavers]

You want affordable housing? This crash/correction, that was pushed back by four years of Biden hyper-spending, is how you get affordable housing.

 

[James Mpls]

View attachment 96677

It's a nice pop but it's still trending down. Series of lower highs and lower lows.

You can see that there were similar pops in January only to move lower. Still looks like it's going lower to the bottom of the box around $200-$220 to me. You want to see it at least make equal highs and equal lows like July-Sept 2024 for signs of bottoming.

Very nice call. Impressive TA. I will continue to accumulate TAO and BTC…

 

[Fernando]

Most people know next to nothing about the stock markets and conflate "The Market" with a healthy economy. The opposite is often true as we have been seeing for four years as the average American suffers under an awful economy while the market indices have been having a very nice run.

America as a whole was more prosperous, content and free when we made our own stuff, raised our own food and didn’t ship jobs overseas. If we can get closer to that model it might mean lower returns on your stock portfolio but it also should mean a better society for the American people.

You can't go back to the old days. Cost to produce is cheaper outside US and we want lower prices.
Past four years with Biden have been good for the US with upward trend of stock market and not going into a recession.
Now we have uncertainty and higher threat of going into recession with Trump's reckless handling in cutting jobs and tariffs increasing prices. Future doesn't look good.

 

[Bobby Bucks]

Mt Gox just moved $905 million in Bitcoin to an unmasked wallet after a test transfer to Bitgo. They still hold around $3 billion in Bitcoin. They always seem to muck up the market when it’s already jumpy. On Friday around 3 pm I dumped about a third of my Bitcoin related IRA, ETFs, mining stock, wish I’d dumped it all. Patiently waiting to jump back in when it’s in the 70,000s. Will also add more TAO.

 

[sputnam]

I would never bet against Musk. The AIs are leapfrogging each other. Right now, Grok3 is the leader. In a month or two, it may be Google. No one knows for sure which one will end up on top. The odds on favorite to be the final winner is Open AI.... but, no one really knows.