TSM Surges -- Friday, May 10, 2024

Locator: 47110INV.

Utilities: this week the big story -- utilities. Exhibit A: SRE -- 

Economy: CNBC talking head says we should call it a victory and say it was a soft landing. I call it a touch and go.

All three major indices green at the close! 

NOVAVAX doubles today.  Link here.

TSLA: drops below $170 support.

• AWOL: Cathy Wood, ARKK, haven't seen her on CNBC for several weeks now

F: another EV company. On another record-setting day on the DOW, F settles down slightly.

Yesterday I wrote:

• it still boggles my mind what Buffett sold in the past six months. 

Exhibit A: TSM. 

Instead he bought back his own shares -- this is not just the last few days, but a full year:

It's almost as if folks

• don't believe the AI story, and/or
• they're really fearful.

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Re-Posting

Locator: 47107INV.

This was the big discussion on CNBC -- whether the "bull market" has staying power. And not once -- oh, there it is -- the Bank of America spokesperson -- he's got it exactly right -- said what is said below, posted back in April 7, 2024. Says to look back to the 1990s -- an incredible decade.

Is anyone paying attention to the oil sector and AAPL:

• CVX: up $2.47, up 1.52%;
• AAPL: up almost 1%; up $1.59
• it still boggles my mind what Buffett sold in the past six months.

Snow. The number of articles on Buffett / Snow seems out of proportion to his overall holdings. Currently SNOW represents about 0.3% of his entire equity portfolio. Even if SNOW's share price triples it won't move the needle for BRK. And lately, it's not been proving to be a very good investment regardless:

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Disclaimer: Briefly

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

See disclaimer. This is not an investment site.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

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The Book Page 

The Upper East Side.

Bill Rudin, CNBC, May 10, 2024, NYC real estate.

Best seven neighborhoods to live in, in Manhattan: link here. 

• bottom line:
• lower east side
• upper east side
• upper west side
• and then, the lower west side, with multiple smaller areas, but essentially:
• banking, financial, what we in the midwest think NYC is all about
• Flatiron 
• financial (FiDi)
  

Link here.

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Soccer Last Night 

Playing through a fast-moving storm and a tornado warning, Sophia's soccer team played an incredibly good game and won 2 - 0.