Technical Trader subscribers click here to download the full report. The market is still in a position to break higher, even though momentum has been…
Last week’s short picks all whipsawed. The method suffers in a rangebound market with high frequency reversals, but still beats the market over the average holding period.
Lee Adler December 3, 2025
The latest budget and liquidity data suggest a generally stable backdrop, yet several underlying indicators point to potential early-stage warnings that merit close attention.
This started when I saw a new Fortune headline claiming that AI is “wiping out jobs.” As a heavy user of AI, who is well aware of its fatal flaws, I have found these claims to be patently ridiculous. So I asked the AI itself whether it was true. As it turns out, the more questions posed, the weaker the story becomes. Who is supposedly losing work, what evidence supports the claim, when this collapse began, where it shows up in the data, and why the press keeps repeating it — none of it holds up. Employment, payrolls, and withholding taxes are all still rising.
So I put the questions directly to ChatGPT and required neutral, current, evidence-only answers. Here is the full exchange.
They say that AI is the most important technological revolution of our time. It will replace workers, reshape the economy, outrun human intelligence, and maybe even do away with the human race.
Uh… No.
They say that AI is the most important technological revolution of our time. It will replace workers, reshape the economy, outrun human intelligence, and maybe even do away with the human race.
I’ve used it for a year. I’m not impressed. After an initial burst where it taught me a little coding, which, ironically I was forced to learn because of its errors, it did not increase my productivity. It became counterproductive.
Having spent much of my career dealing with issues of financial feasibility, and economic and functional obsolescence, it began to dawn on me that AI would never be economically viable. So I asked the AI itself about that. This report presents the questions I put to the chatbot, and the straight dope it gave in response.
All cycles suddenly aligned to the upside last week. Projections now point to xxxx-xxxx in the short run, and xxxx-xxxx in Qx of 2026.
Last week’s short picks all whipsawed. The method suffers in a rangebound market with high frequency reversals, but still beats the market over the average holding period.
The market has entered a highly uncertain setup with mixed indications. The most likely outcome is for the trading range to continue for several months with frequent whipsaws. There are few indications that……..