Locator: 46001INV.
Nvidia: before we get started -- folks are going to start hearing "Grace Hopper" more often starting today. CNBC is mentioning / stressing that Nvidia's new class of chips -- super-chips -- will set a new, higher bar.
At the open:
- AAPL: up 51 cents.
- Nvidia: up $9.34.
- DVN: up 61 cents.
- INTC: up 0.15%.
Personal investing:
- bought NVDA at the open today.
The market:
https://x.com/The_Right_Facts/status/1722329655699476483?s=20
ReplyDeleteFake Data (very chinese of us) everywhere.
https://x.com/kingofcrude/status/1722310802839929057?s=20
not to mention SPR games with EIA reports.
With regard to the SPR: I agree 1000% that the EIA can be politicized and may be manipulating their reports. However, having said that, and I've said this many times on the blog: the "SPR issue" is very clearly a "political" issue. The SPR no longer matters to me. I continue to post the numbers and the SPR stories, but the SPR absolutely no longer matters with regard US security or investing (not to be taken out of context).
Deletei would NOT bet the Farm on Cramer.
ReplyDeleteWho would? Other than Cramer himself. But Jim Cramer is to mom-and-pop investing as Rush Limbaugh was to national politics. Name the political analyst that carried more weight than Rush Limbaugh, and who has replaced Rush (spoiler alert: no one has replaced Rush). Likewise, name the business analyst that carries more weight than Jim Cramer (spoiler alert: there is no one).
Deletewhen Cramer talks of a trade, he has already made it.
DeleteThat may or may not be true. He got into trouble once before along that line, and I'm sure he's cautious. So, there's that. Second, I'm not a trader, so that argument, even if accurate, does not interest me. Third, so what? By the time somebody reads "something" I have posted, I may have already bought or sold that same "something." If the argument is that his trades can move the market to benefit his charitable trust, that validates my argument that he is very, very important for traders and investors. Fourth, I've pointed out many, many times, Cramer wears two hats: that as a trader and that as an investor. You often can not tell what hat he is wearing when he talks about a particular trade (to buy or to sell). Fifth, one of the few analysts that runs two one-hour programs daily without a script -- not to be taken out of context or literally. But these conversations are tedious and do not help my investing. So, time to get back to work.
Delete