Itās interesting to watch, all the green lines that had a really good time so far are pointing downward since roughly May / June. Samsung, Nvidia, SK Hynix, TSMC, Intel, Micronā¦ (but not Apple).
Canāt be a coincidence. It may be an overall market correction that stops at a reasonable level (whatever that means, a year ago, or pre-āA.I.ā-craze?) or a temporary fluctuation. Too early to tell.
But if it is what it looks like, or if enough people think it isā¦ well, I hope you didnāt bet your retirement planning on it.
South Koreaās efforts to rein in the leveraged products wreaking havoc āin its financial markets may not go far enough to quell skyrocketing volatility, analysts say, as pain and public anger mount over a $2 trillion-and-counting stocks wipeout.
Itās hard to āheartā this post, but itās true. Probably more suicides incoming.
Per the conversation upthread, debt is cheap. Until itās not.
And political heads will roll. Seems like the government:
Cheered on the rising marketā¦South Koreaās Finance Minister Koo Yun-cheol came under pressure from opposition lawmakers and said he was sorry for introducing the leveraged products without careful consideration.
Apple still financially hurt because of AI.
July 31 (Reuters) - Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global supply āchains.
Rather a nasty scratch than decapitation. Apple will be fine. And announce another mind-boggling quarter. I donāt know how they do it, but somehow they do.
Canāt remember a time when Apple shares didnāt drop after an earnings call. Seems to happen every quarter for one reason or another.
Old Wall Street adage: Buy the rumor, sell the news.
It looks like they disappointed the markets, because their expected revenue is 11% instead of 12%. I would kill to have that result with my mob company!
Paolo
They say itās the AI bubble. Itās like the dot com bubble. AI will disappear, exactly like the dot com economy has gone away!
Paolo
AAPL is in a werid spot from many companies in that its a commonly held retirement asset (mostly by large intitutional investors) and selldowns happen for reasons unrelated to the performance of the company (like when there is a glut of payouts to reconcile).
You hear in the news about a company disappointing investors, but sometimes thatās just buzz for a healthy churn in the price after something juice hits the news or the embargo lifts.
Investment at the day-trader level is a horse of a different color altogether.
Isnāt killing part of the job running a mob company?
And Iām dying. Murdered, you might say. 
