Screwball

The company mentioned in the article above is CoreWeave who IPOed in March. Ticker Symbol CRWV if you want to have some fun. It has, as the article stated, almost doubled this year, but it did take a 10% hit on Friday. Somebody with brass balls can trade that prick, I want nothing to do with it.

Good article. Couple of things that caught my eye; You don't say! No, tell me it ain't so. If it brings down major banks and insurers we know what happens next. We have already watched that movie and it's not pretty.

Well, you have people like Neel Kashkari and Austan D. Goolsbee on the FOMC, but I don't think Neel (cabin a woods or some sort of horse****) Kashkari has a vote right now. Goolsbee is a ghoul and FOS up to his ears. Neel... I remember people defending that little creep back during TARP days. Spit!

This is bigger than people understand. I'm old, will be 70 next year. My crazy retired buddies and people our age are nothing but a heath care bad news machine. Nothing but horror stories. It became worse when private equity started buying the medical system and turned into a profit center. If they can automate it with AI, or find a way to cut costs with it, they will do so. Our health care system will only get worse and our loved ones will suffer. But the stock price will go up. Let's have a little fun... Incorrect. If you ever worked in a hospital, rest home, or assistant living facility you would immediately know what that is. And it ain't dogs. AI will never replace the people who do the incredible work they do in this most challenging industry. My respect for them is off the charts. Too easy to go ask HAL as a student, or a corporation, instead of making it about our people. What can possibly go wrong?

And then there is AI and health care....Good idea? Maybe not. Here is an article about using AI in health care. I'll paste one quote from the article; AI’s errors may be impossible to eliminate – what that means for its use in health care That doesn't sound good. Wonder what a real doctor might say? One of the financial blogs I read has a doctor who has posted there for quite a few years. I think he's a smart and good guy from reading all his stuff over the years, so I trust him. This is his reply to that article which is being discussed; If wasn't already skeptical of our medical system...

The pot stocks are flying today, some up 30-40%. Most are small caps so they trade like a penny stock so you can make a killing - and get your face ripped off as well. Silver is taking a breather so far today, down almost 5%. Gold down a little but gave up quite a bit from open. I'm kinda with this guy; This probably has something to do with it, especially recently. 3 month chart by day of the dollar index. The metals usually trade inverse to the dollar index;

Too funny! Pot stocks are up 15/20% on the news (after hours).

Interesting chart porn of the day. Silver must be the new tulips. What a ride. First chart a 3 year by week. The horizontal yellow lines go back 5 years ago. Nothing related to today. Haven't looked at the chart for quite a while. As you can see it didn't do much for quite a while, then went up a bit in April/June of 24 until April of 25 and took a ****. Then went nuts. Looks like a hockey stick. A closer look; I'm not sure what's going on here. Is it a tulip thing or... Silver needed for data chips? On the other side of the coin (no pun intended) one would think the ass kicking winter has already brought us would drive the price of Natty Gas up, no? Well, it kinda did, but what's going here the last few days or week? Looks like a gap to get filled there too.

ORCL getting hammered to the tune of %14 today.

This stuff reminded me of an article I read years ago. April 2000 to be exact. It was in Wired magazine which is now pay only so you can't get to the article there, but here is a .pdf of the same article. Written by Bill Joy, founder and chief scientist of Sun Mircosystems and author of the Java Language specification. Long article about technology, including Ted Kaczynski, and where it all may be heading from the view back in 2000. Why the future doesn't need us - Wired Magazine April 2000 - 18 pages

The rest of the Madoff story. From NPR on the whistleblower nobody listened to; Madoff Whistleblower: SEC Failed To Do The Math Also on this date in 2004, the death/murder of Gary Webb. Quite the rabbit hole this.

I obviously have no idea, but with my limited experience I would guess some platforms do certain things better than others. I can tell within the same platform it does much better with some things than others. All new. I don't know when, but at some point I'm going to inform my Aussie AI buddy his name is HAL, for various reasons. :-)

Toto, I've got a feeling we're not in Kansas anymore. You can't make this **** up. Let's look at a little chart porn shall we? Six month chart that I narrowed to Sept 1 by day. The yellow arrows with the red ellipse around them are the Fed rate cut days. 9/17 was the first rate cut, then another on 10/29, and now another on 12/10. On 9/17 the S&P was around 6627 at close. Today it is 6886. That's about 4% for 75 bps of cuts. I guess cheaper money isn't what it use to be. Speaking of chart porn and yellow arrows; The full 6 months and you notice that horizontal arrow 6028 level. That gap will fill at some point.

Fed cuts rates by 25 bps. Expected. Market didn't do much.

We will see. Not only here, but other places there seems to be a push back from the people. Good. Let's see what happens. But then again, politicians work for money, not for us.

I have tracked my electric bill for over 3 years, even reading my meter daily for a year to check the power company. Our cost of electricity is up 9.6% per kWh over the last year. That's a double in 7 1/2 years.

I know a guy who works at our local sewer plant. There is also the problem with capacity. During large storms that happen twice in 20 years we were at peak capacity the plant could handle. Add in data centers that use a considerable amount of water, what then? Who pays for the sewer plant expansion? You must plan for peak demand plus). We know who, us. And our sewer rates are off the charts now.

We have a small river going through Cornhole. Most of the time pretty nice, and uneventful. Many times this summer you could walk across it. This is no place for a data center. Plus we are so far out in the sticks they have to pump in sunlight. Wait till they try to buy lakefront property about 40 minutes north of here.

While I'm here, I noticed JPM got whacked a bit today. There is nothing better than swine bankers get whacked, unless it was a few more of them. And JPM is the swine of the swine. Madoff. Epstein. They (not just JPM) are the money movers. For everything. And they make money on everything. That's the rules. 🙂 And the best part, if they blow themselves up they get bailed out.

This kind of fits here or maybe in the investment thread. Topic of conversation on a local FB page about a potential data center around Cornhole somewhere. Good conversation so far but it is FB so that won't last long. It gave me a thought, and some/many here may be too young to remember this. AI generated via Twitter Grok. Used that for an image before and like the results, but not this time. Went back and forth for a bit and still not happy, but it works. Nancy Reagan and the just say no to drugs back in the 80s.

Chart porn; 1 day chart and tonight after hours by minute. 4:29 tweet, NVDA goes from $185 and a half to $190. Not much of a jump but it did move the price.

NFLX is in the news. Let's look at some chart porn. 3 year chart of NFLX by week; It hit a high of $134.12 around the end of June just before earnings release. Humm... Now around $100 six months later. Don't follow this sector but something happened. Been a hell of a ride from the $27.34 for the previous 3 years.

Fun with AI; I asked; Funny it talks about baseball, that's kinda weird. It seems to remember what I have asked in the past, but the baseball thing is kinda creepy. I never asked about that. I used Microsoft Copilot.

That's part of what drives me nuts about that stuff. That is also like HTML, our internet web language (which many times uses java script of some flavor along with it) as well. <p> xxxxx </p> for starting and ending a paragraph for example. At least HTML visually makes a little more sense IMO. Then they are hard to type, but I guess if you did that enough the fingers would get trained. I'm pretty good with the numbers on top after all these years.