my biggest struggle is in the timing of the entry/exit points most painful lesson is from holding long dated AAPL Call@220 vs near dated calendar options. Approaching maturity, I confused trading with investing and ignored a strong intuitive sense to close them when price was pushing 250. I wanted to exercise them, thinking 220 would be a bargain. then the tariffs happened and the rest is history.
Don't just take Jensen Huang's word for it, go listen to some of the quantum physicists, scientists like Neil deGrasse Tyson. To paraphrase, he was asked a question about why we can't have quantum computers in the mainstream. The time when you can apply it outside of very controlled conditions is still far away.
Quantum Computing Stocks Tumble as Nvidia CEO Sees Use Years Away; Rigetti Down 41%; QUBT Drops 38%
Quantum computing stocks fell in premarket trading on Wednesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.QUBT fell 18%; Rigetti Computing, QMCO fell 16%; D-Wave Quantum fell 15%; IONQ fell 11%.“If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it’s probably on the late side,” Huang said in a question-and-answer session during Nvidia’s analyst day. “I
"it's like steering an oil tanker", is what they say. What did Powell expect, by wanting "more evidence"? Now has to make a sharper turn with 50bps. Shld've cut sooner 25bp & control the narrative, so that mkt/businesses don't get ahead of themselves thinking inflation fight is over. Fed was late in leaving rates low for so long, now late the other way.
Dimon Says He’s Skeptical of Soft Landing After Rate Cut
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he remains skeptical about a soft landing in the US following the Federal Reserve’s first rate cut in more than four years — and said he w
I think the major banks' balance sheets are stronger and not weighed by toxic assets this time. Of course, we don't know what's lurking beneath, but it would appear that it is the small poorly managed banks that are most at risk. I don't think there will be systemic contagion this time, but Fed needs to rein in a little to prevent panic.
Are Banks on the Edge of Another 2008-Style Precipice?
Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are dow
The FED is walking a tight rope between keeping up momentum to fight inflation Vs over tightening, which could lead to recession. The indicators that they use as guidance are lagging. The most prudent way forward is to have small increments in rates and analyse the effect of the initial aggressive tightening. Powell faces pressure from the senate comm., who in turn must deal with populist politics. It points to a 25bp hike next. There is always the option to scale up again if needed.
If they changed the name from Bing to something else, anything else, I might give it a try. I personally find "Bing" annoying and it conjures the image of Steve Ballmer ...🙈
Microsoft Adds New Bing to Windows Computers in Effort to Roll Out AI
Feb 28 (Reuters) - Microsoft Corp on Tuesday started adding its recently upgraded Bing search engine
Not Apple fanboi but does musk think people owe him a living? There're several considerations b4 a business commits it's advertising dollars & be hasn't made it any easier to make that commitment.