This article is another perspective on why stocks are decreasing in price even when many companies' earnings have beat expectations.
I think it is partially the deflation of the market participants’ expectations. The market has been on a sugar high for some time. It is similar to eating the monster size chocolate bar. You feel up for a while and, then...., you get slammed down.
On the hardware side of technology, I have seen some drop offs in companies such as AMAT, WDC, MU, and NVDA. After tech is losing its leadership, there seems to be a void as to which industry will "take the baton" next.
Finally, because there is no true AI yet – we are far away from computers replicating “true human thought”. Portfolio management computer systems are operating in a fast but mechanical way. Computers are great for many tasks, but investing is as much an art as it is a science.
How does a computer deal with patience other than lagging its processing?
