Screwball

Latest S&P chart after close today. Watching that big red candle back to 10/10 and the lower support level. What do we have here Alice? We have a little peaky under that $6550.78, at close. Futures has recovered some.

It's always about the bottom line. What makes it so difficult is being the henchmen who are forced to carry it out. Then, the poor foot soldiers who keep the trains running on time get hammered with more work. Sorry kids, I have miss your ballgame because deadline... Until they are next, and they will be. The below picture tells the story, except the stock went up 17% that day. Cha-ching.

If I am allowed to be nosy, did they give any reasons for the layoffs? I would be curious of what the company said, and what the reasons are according to the employees. People are the easiest and quickest way to help the bottom line. Reducing people saves money and they don't care about much else. You can now do someone else's job along with yours. Your welcome, or your next. I went through this in 2017. They laid off hundreds then announced a mutimillion dollar expansion. Imagine that.

That didn't take long. Mr. Market started out good, but has now given it all back and then some. This is the same chart. The gap has already filled.

More chart porn. This is today's chart of the MAGS, the ETF that is made up of the following companies; Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), NVIDIA (NVDA), Microsoft (MSFT), and Tesla (TSLA). 3 month chart. Yellow arrow shows the gap it created today at open. This gap will at some point, close.

Today was NVDA day. NVDA is the market, and this current blimp size bubble big money has blown. NVDA is the the head of steamship of the MAGS as they are known. As NVDA goes, the market goes. Their market cap is equivalent to around 17% of our GDP. They reported earning after the market closed today. As it turns out it wasn't really too eventful. A little chart porn. First is a 9 month showing NVDA price action. What I thought would be fun is to see how it reacted after hours when they reported and the conference call. It didn't do too much all day, but after hours it got a little goofy. The big jump was when earning numbers hit. Then it drifted a little higher. The crazy part is the 4 huge moves after hours shown by the long lower candle tails. What's going on one wonders?

Maybe if you didn't have half the people on this board on ignore you would know AI has been talked about in this thread going back at least 10 pages. Try to keep up Gomer.

The main ingredient is to make it easy on the assembly lines. Something has to happen every X amount of seconds. It also proves they are designed by people who probably never changed a tire.

Sounds legit to me, and not surprising. Add that in with poor prep (what they lay down first - that tar isn't what it once was either). The chemicals, or lack thereof, are a large part no doubt. I see it also like they used to do with plastic. You were allow so much re-grind in the recipe, but they would cheat. I'm guessing the roads are the same way.

I know some guys who do paving. These are the truck drivers hauling the loads and the ones who run the paving machines. They have told me over the years the quality of the asphalt has deteriorated. I wouldn't doubt that a bit. We can see it in town. They pave the main roads more often than they used to. I think they cheat buy using more grinding in the mix than they should. All about the money and the swindle.

I thought this was funny. Might also be partially true. https://x.com/CramerTracker/status/1990823529839788217 Won't link for some reason. The Tweet is from Inverse Jim Cramer and it a parody account. It says; Not to be overdramatic but if Nvidia misses earnings tomorrow we’re going extinct btw

True story. About 15 years ago a guy I knew was at a neighbors house about a quarter of a mile away from where he lived. He rode his bike home. It was a slight grade downhill - easy - didn't even have to petal much. He was gassed. Turned into his driveway and crashed. There was a cop somewhere and swooped in. Busted him for a dui. I heard it on the police radio. He was close to home and riding a bike because he was due in court a few weeks later for a pending dui. Good guy, good job, just like to drink a few beers and talk to people. He lived alone, around 60. The next day he did the books at the place he worked, went home, got a gun, walked to the end of his street by the river, called the cops and told them where to find him, and put a bullet through his head.

Even when some of them make sense for a while, it doesn't last. Part of the bread, circuses, and rotating villains. They laugh at us.

Adding; rule number one in a bar is don't piss off your bartender. Rule number 2 is don't forget to piss before you leave.

The little dive bar I go to has 2 bartenders that could make a sailor blush (when needed) and aren't scared of anyone. I don't know how they do it, and I did it for 13 years. I appreciate them, tip them well, and try to be a sounding block when times are tough. I can't imagine what it might be like at midnight. No way I would even do it. Watching the potential idiots and how they deal with them is the best entertainment going these days. We had a live one the other day. Some lady showed up nobody ever saw before. Next thing you know, she was showing everyone her tongue could go below her chin. No teeth either. Let your imagination run wild how that turned out. I respect the **** out of these girls.

I spent years in retail. Gas stations, bartending/bowling alley before I moved on. Sometimes the pubic were not easy to get along with - especially a drunken idiot - or someone who thinks the bigger scene they cause will get the job done. I don't do it anymore, but I have to believe it is much more difficult today. Everyone should be a bartender for a couple of years. Nothing like dealing with drunks.

Just what we need, especially with that jackass involved.

Looking at the chart porn, the S&P is back down into the long sell-off candle from 10/10/2025. 9 month chart by day shortened from April 2025 when the last run-up began.

This might be paywalled but everyone will get the gist; Wall Street Blows Past Bubble Worries to Supercharge AI Spending Frenzy - from the WSJ

One New Years Eve we decide we would stay home and watch movies instead of going out. We made a list and Up in Smoke was one of them. Couldn't find it at any video store in town (small town). The only copy we could find was at the public library - wild - but thanks. I would have never thought that.

One morning I was going North. Just ahead me not to far was a flatbad truck that came from somewhere loaded with a huge crucible of molten aluminum headed for the Hydramatic plant on Alexis Rd. Just before the Craig bridge he got in a wreck, jack-knifed, turned on its side and spilled all the AL on the road surface. Talk about a major CF and traffic jam. I only missed it by a few minutes. What a mess that was.

Thanks but this didn't work either. Not sure what is going on. Will mess with it more when I have time. It is there, just really skinny. Nothing makes it wider it seems. AI wants me to setup a css file. I messed with that a little and it doesn't do anything either.

I'm glad my name ain't Dave. I wonder if he gets the connection. I haven't told him yet. 🙂

We have now agreed I will give him a new name. Thinking... I'm kinda partial to Hal. New sport, **** with AI.