I started a thread on AI, in Hobbies.
And another in trading /investing same place.
This is where I bore everyone again.
Mods are welcome to move this there and put a link in...
AI is "getting there", which is one way civilisation might collapse.
When all the shopkeepers, gardeners, crop pickers, decorators have an AI app on their phone, they won't need to work.
You don't need all that much money to just live off Bond returns from Money Market funds, which beat inflation.
Meanwhile, you can just use your noodle. See what's moving where, and why.You don't need to leave money for long, You can keep it in cash until something sort of appears.
Trump's tariffs have been a dogsend..
AI doesn't quite know about some things yet, but it will, very soon.
Markets have been diving up and down in response to the tariffs - no great insight there,
So where was Trump going? to do deals? Far east, talking to China, Korea. He was bound to be doing deals.
Korea had horrible tariffs,. China sort of, but China's exports have been shooting up despite Trump, so less "upside".
China went up, 10% or so. It should rise again. Watch Japan, too.
(Click on them they get bigger)
Don't be too greedy, be mindful of how the talks are going timewise and the slope of the moving average curve - yellow. When it's getting less steep, sell.
Korea was a stunner, I had a lot in there, reduced now.
Tech will probably be ok, but it's unpredictable. It's results week, so all is mad. Stay away.
As soon as someone says "we may not see quite the returns from AI we expected, in profits", it could all dump.
Then they'll put ads and porn on AI , and it'll be back in orbit.
Korea:
I asked AI what the dates were, is all I used it for. You could ask what is likely to make the SM go up, soon....
I daresay it'll go on about China more, war in Ukraine, the Christmas rally, and the FED in the US cutting rates.
Medical advances can cause a single stock to orbit.
An arrangement between say OpenAI and Oracle or anyone, would send that right up. SOme people watch the meetings carefully.
Now, if you can make 50% in a couple of weeks, why would you want to use a low cost tracker? They can dump, too. Check April.
The blue line is my current stop-loss, where Korea will sell if the price falls.
Low cost tracker:
I'll pass on that, though it's not bad at the moment. Vulnerable as heck, though.
That same S&P 500 tracker is the lower line on this, 3 years. You may prefer a Strategic Bond - I use the upper, blue line one, but not much, and not now. Note how it didn't dip much in April.
