Locator: 48661INVESTING.
Broadcom: minutes ago, I asked ChatGTP, "what's going on with Broadcom today?" GTP's answer:
AVGO is trading at $248; up $.6.40; up 2.6%.
That comes with a long "essay" on what's driving AVGO today -- a much better synopsis than even what Motley Fool would provide at a subscription price. A lot of investing websites are in deep trouble. Top of that list: Motley Fool, and SeekingAlpha.
- likewise, Drudge Report? Useless.
- likewise, ZeroHedge -- I haven't visited that site in years.
- next up: ChatGPT will send me a daily summary of news I'm interested in based on what my internet surfing has generated.
- this will end my dozens of newsletter e-mails that I don't want showing up in my in-box every day.
Apple: I also did the same thing with Apple (AAPL) -- completely negates any need to try to find the story on CNBC for a quick summary.
Now, for ChatGPT: "what's the real story on Ukraine's drones hitting Russia over the weekend?" ChatGPT will provide a more balanced summary on the continuum between The New York Post and The New York Times.
Critical: social media comments regarding SaaS and VMware following Beth's comments.
Disclaimer
Brief
Reminder
Briefly:
- 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.
- I've now added Oracle to the disclaimer. I am also inappropriately exuberant about all things Oracle.
- Longer version here.
For traders, and perhaps, investors: what's more important -- the monthly "Consumer Confidence" numbers or Tom Lee's prognostications on CNBC?
- Bitcoin:
- in 2019, a CNBC host dismissed Tom Lee's advice to invest 1 - 2% of a portfolio in Bitcoin at $5,000 as "crazy"; was the host Becky Quick, taking her "advice" from Warren Buffett? It seems likely.
- today, Tom Lee says Bitcoin is going to $3,000,000 -- that's $3 million -- per coin.
- S&P 500:
- today, Tom Lee says he thinks a new bull market started on April 7th and he never changed his year-end price target for the S&P 500 of 6,600. Today, the S&P 500 is 5,900. At 6,600, that would be a 12% increase.
Like many investors, because of my fear of getting really, really wealthy, I'm missed:
- Bitcoin;
- Netflix;
- Palantir;
Fortunately, I did not miss:
- Nvidia;
- AVGO;
- ORCL;
But I'm still disappointed.
Living in a state with no income tax has softened that blow a bit (missing Netflix, Palantir).
Tom Lee is a regular guest on CNBC but has never wavered; he has always stood his ground.
- Benjamin Graham --> Peter Lynch --> Warren Buffett --> Tom Lee?
Beth, from over the weekend, tag AVGO, Boradcom:
