NEW YORK: Billionaire Elon Musk is warning against margin debt, citing the risks of “mass panic” in the stock market as a possible recession looms.
“I would really advise people not to have margin debt in a volatile stock market and, you know, from a cash standpoint, keep powder dry,” Musk said in the All-In podcast released last Friday.
“You can get some pretty extreme things happening in a down market.”
The market already priced in the potential of a Fed rate hike, this is how the saying "buy the rumour, sell the news" came about. If the Feds hike, nothing happens; if the Feds don't hike, its a surprise, and the market rushes to compensate.
the spike is due to earning report and mentioned by broker thus ppl rush in. no really any big news. the price eventually retrace back to where it belong
High speed memory demand will definitely increased due to AI application boom i.e. ChatGPT and definitely a catalyst for MI who supplies key materials and packaging equipment
ChatGPT is not a new thing. It's just AI. AI with knowledge from the web. ChatGPT has been making a lots of mistake lately. You dare to risk your life with ChatGPT. It's just another version of Google search.
@brandon99. Its not something new but its not the same as google search. The method on how they access, process, and present the data requires a different underlying architecture as well as equipments
A lots of stock gurus are betting on ChatGPT now. Just like last time Sino-US trade war, they beat the drums that factories from China will move to Malaysia and as the result the tech stocks surged. Even stock gurus promote rubbish, rubbish will rise and then newbies will take the hit a few quarters a later as the reports will still be bad.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
whaleing
247 posts
Posted by whaleing > 2023-03-07 16:23 | Report Abuse
run first, buy in later