More Tales From Nvidia: AI and AI Accounting Gone Rogue (Issue #256!)

Well, I finally figured out how OpenAI keeps getting their valuation marked up. New top-secret Super Intelligent technology:

This is straight B.S. Let’s see if the IRS does something, or they just find it fruitful to pick on some guy that runs a gas station for not declaring cash purchases:

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A Bond Tell

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Oversold Oscillator

The S&P Oscillator remains oversold at -5.17% vs. -4.98%

I have no index positions on currently.

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Wednesday’s Closing Market Data

Closing Volume

– NYSE volume flat its one-month average 

– NASDAQ volume 7% above its one-month average 

– VIX index: up 2.43% to 16.43

Breadth

S&P 500 Sectors

% Movers

Heat Maps

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