Monday, January 27, 2025

Morning Post 01/27/2025 SPX

Good morning STB!

Well, AI is all the rage this morning. Deep Seek deep sunk markets overnight, and Davos says AI is the global threat we’ve all been looking for. AI pretty much freaks me out. The pace that it has developed appears to be way ahead of schedule (years to decades) from estimates just last year. My main problem, whose values are at the core of the program? 

Good v evil 

On to the lie - 

Minis off 130. Was a bit worse, but they have recovered to catch 6k support. Obvious question this morning - double top? Trouble is coming. I think two main things 1) banks and 2) economic lies are coming to roost. In the meantime, let’s watch liquidity. 

Have a good day. 

GL and GB! 

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