The line can't go down anymore.>65%+ of transactions in equity markets are done through passive trading, in indexes tied to marketcap, or through very simple algorithmic trading that outright ignores information and follows simple (if it greens, buy it; if it reds, short it) automatic trades>that means that a big company can only get bigger, that short squeezes can create entire rallies (like the ones we are seeing), and there is literally no way for the market to crash unless people decide to withdraw their money from ETFs (spoiler: they won't and they can't control it, trillions of dollars in indexed options come from people's 401k(s))>revenues, profits, costs, supply lines, it all does not matter, all that matters is marketcap because the modern market is outright rigged to ignore balance sheets and just see stock pricesThis is a new paradigm of the market, and the only way to make a profit is if you buy, buy, buy everything. Take debt (it frees you from some tax obligations, so it is even better), if necessary, but keep on buying. That is what Ellison is doing, that is what Fink and Musk have realized. Stocks from the major companies have turned into Cryptocurrency, and should be piled and reserved as such. Unlike Bitcoin, Nvidea stocks even have inherent value, earn dividends, and are far easier to trade.Even treasuries are losing to AI. Soon, you'll have options to earn your salary in AI tokens.
>>62258636>boomers retiring>jobs lost to AIWhat now?
>>62258636Okay saaar boat in with my 1million rupies lifesavings madarchid, only up 100k eoy wagmi lfg oooooooo blodybasterds!
>>62258636OP would be telling everyone to buy Cisco and Microsoft stock in mid-2000
>>62258815Nope.This time it really is different.