The Daily Ninja 8/29/24
(8/28/2024)
📉 The Federal Reserve is expected to deliver steeper rate cuts due to a softening labor market.
📉 The Federal Reserve likes to Bluff, just like when they said we're going to get on top of that stubborn inflation.
📊 Labor demand has softened, unemployment has risen, and supply has increased, making for an odd combination of rising concerns about the US slide into recession.
📉 "The time has come for policy to adjust."
🐯 It's like an incestuous relationship between the heads of the FED and the government.
⚠️ The Federal Reserve knows that when unemployment hits a certain point, it ticks really high really fast, like the last move of a parabolic rise or a steep crash in the markets.
📉 The Federal Reserve's decision to lower rates is just a political move and will only be temporary.
💸 The fact of the matter is food's still expensive electricity is still expensive and you can't change that without stopping the consumer from spending money.
(8/27/2024)
🚨 Nvidia stock is about to shock the absolute World.
📉 Nvidia's market cap expanded by 9fold since the end of 2022, but then lost almost 30% of its value over the next 7 weeks, shedding about $800 billion off its market cap.
💸 If an investor is taking a loss in one asset class, they may be forced to sell something in another asset class, thus creating a ripple effect.
📈 The stock's volatility is top of mind for Wall Street, with any indication of waning AI demand or a leading Cloud customer tightening its belt potentially translating into significant revenue slippage.
📉 When the stock market is in bubble territory and held up by a handful of stocks, "it's not going to end well as it drops".
🤑 The CEO of Google and meta enthusiastically endorsed the pace of their build outs and said under investing was a greater risk than overspending.
📉 Nvidia has gotten so big that even a 7% drop from its top is causing people to freak out, indicating it's in the last stage of a parabolic rise.
Go out and crush it!
-Ninja Out







