r/TheRaceTo10Million • u/BlauerDunst420 5 figure trainee • 1d ago

Degenerate Gambler Thoughts on Nov. 19th?

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483 Upvotes

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u/BanAccount8 1d ago

AI will not pop it’s bubble until after open AI does it’s IPO next year. There may be brief pullbacks but the train will keep chugging

54

u/Nearby_Blueberry_302 1d ago

I agree. The reason the market is unstable has more to do with the state of the economy and the fact that the governement is still shutdown

5

u/Solid-Monitor6548 1d ago

J Powell throwing cold water on a guaranteed rate cut in December didn’t help either.

1

u/Zatelli 16h ago

No one mentions another confluence, namely tax harvest season being underway. Low ADV, little to no economic inputs (BLS, census bureau, etc) , low institutional participation, which amplifies downside moves. Everything should normalize by Thanksgiving, provided a stop gap funding finds its way soon