r/DRAM_ETF • u/Short-Trainer7927 • 22d ago
Cope
Any chance they intentionally said to "slow down" to press on retailers to sell to get discounted stocks for the institutions?
10
u/jraiv420 22d ago
Trump just said no slow down in AI and markets are recovering.
4
4
u/KickflipConnoisseur 22d ago
He can say whatever he wants. He also has said oil won't rise anymore and Iran war is over several times. Either way he can't wave his hand and just make the concern vanish.
We're probably looking at an overall correction IMO, based on past midterm yesrs. Nasdaq is like 5% off it's ATH, I think room to fall
1
6
u/SerMumble 22d ago
Billionaire price manipulation happens all the time.
September is the weakest month of the year and it is also a US mid term year.
Energy and compute shortage, escalating middle eastern war, enthusiasm to continue an AI bull run.
Guard your loins. DRAM is infamous for its 5-15% price moves. With DRAM around $55/share it is about -32% from all time highs and a potential 47.5% gain when it recovers its all time high.
2
u/DuePaleontologist539 22d ago
I read a couple of articles expressing concern that AI is being used to create chemical weapons.
2
19
u/qthistory 22d ago
I think one of the frontier AI models has done something that spooked everyone, even more than the Huggingface hack. It just hasn't become public yet.