Monday, January 6, 2025

You're Fired! -- January 6, 2025

Locator: 44627ARCHIVES. 

 Trudeau: announces he is stepping down. 10:00 a.m. CST, January 6, 2024.

  • will remain in office until new leader is selected / elected
  • faulted for "hurried" meeting with Trump at Mar-a-Lago
    • under Trudeau, Canada seen as 51st state of the US, by new American president
  • same issues in Canada affecting liberal party as those facing Dems in US
    • fallout from Covid-19 policies
    • inflation
    • opioid crisis

NVDA: up 200% in one year.

Early morning Monday, January 6, 2025: has/have the magnificent seven morphed into the amazing trio (AAPL, AMZN, AVGO)?

  • MSFT: up $8
  • AAPL: up $3.55
  • NVDA: up $7.42
  • AMZN: up $4.21
  • AMD: up $3.19
  • MU: up $10.21
  • CSCO: up marginally
  • GOOG: up $5.92
  • AVGO: up over $10 at one point earlier this morning; now up $4.39
  • QCOM: up $6.2412

Major story on CNBC today: tariffs. And we'll never see this graph on CNBC --

Link here. I know what assumptions do to folks who make assumptions, but tonight, since I'm in a good mood, I'll make assumptions. I assume a few / some / many / most folks know who Marc Andreessen is. Well, on second thought, maybe I shouldn't make that assumption.

If you don't know, wiki will help.

Balance of trade, Reuters, December 20, 2024, link here:

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Disclaimer
Brief Reminder 

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here.   

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