The 'It's Not A Bubble' Report
****if you entered the tournament challenge, shoot me a DM, email (rotationresearch@gmail), or leave a comment with your bracket name and email****
Breaking News! New York Hedge Fund guy says AI is not a bubble.
You know, the famous New York hedge fund guys seem to be real sharp, real reputable. But then you see how they manage their sports teams and you realize – clearly insider trading pulled a lot of weight.
But that doesn’t mean the guy isn’t right. In fact, I tend to agree.
Oracle’s sales team is trotting the globe, selling communism and authoritarianism via “AI” and data centers to every government in the third world. There’s nothing bubble about man’s endless desire to dominate and control the world around him. Bull market!
The colleges might be full of racists, plagiarists and all sorts of characters who hate the reality of the physical world – but that doesn’t mean they don’t want new computers. Think about all the bullshit studies, papers and radicalist propaganda you can produce with the power of Dell’s new GPU PCs and servers. The stock has spoken – bull market
You think the autonomous drones are going away? Only if enough nukes drop to wipe everybody out. Bull Market
Of course Tech via XLK has lagged for a couple of months now. It’s an interesting price and relative strength spot here.
The lagging is largely thanks to Apple. We’ll see if Apple’s desperate attempt to catch some buzz helps the stock. It’s at the bottom of the range, which is not a bad spot to bet on iSlave upside.
Sure relative strength is at 52 week lows. And so was gold’s relative strength in late February. I’m just sayin’.
But you know, maybe we really are doing this bubble thing. We’ll see if SOUN holds this confluence area around 5. It doesn’t get much more bubble than this.
Have a great day. Trade ‘em well
