Locator: 48723MARKET.
Focus on dividends: I can't remember if I posted this earlier. Link here.
So much going on.
FOMO, YOLO. MOJJO.
I think it's two out of three: FOMO and MOJO. We're kind of past YOLO.
In the old days, there was a 10-1 ratio between Dow movement and S&P 500 movement. Right now, in the pre-market, S&P is up almost 64 points.
CVS: pre-market up 7%. Frothy? Irrational exuberance. A phrase coined by Alan Greenspan in 1996 during the dot-com bubble.
META and MSFT: amazing. Will make every investor / trader re-think Trump's policies. Having said that, this is less about Trump's policies and more about the sixth industrial revolution.
Seriously, has anyone ever seen a stock go up $83 (12%) in one day? Or another stock go up $40 in one day, 8%?
CNBC at 5:00 a.m. is raving about ChatGPT. I agree. I use ChatGPT so much I feel embarrassed taking all this free information.
Copper? Wow. What a great opportunity.
Look at SCCO.
Mackezie Financial Corp raises position in SCCO, 27 minutes ago, story was posted.
Link here. Warns on tariffs. Prior to Trump tariffs, the company is bullish on its finances as noted by looking at dividend policy:
In a move that contrasts with its modest sales performance, Southern Copper announced an increase in its quarterly dividend to $1.50 for Q2 2025, with a further increase to $1.80 planned for Q3 2025. This represents a significant increase from the $1.20 paid in Q2 2024 and reflects the company’s commitment to shareholder returns. The company’s annual dividend yield for 2025 is projected at 6.4%, up from 4.6% in 2024 and 5.4% in 2023, making it an attractive option for income-focused investors despite recent stock price volatility.
In the Bakken, some thoughts:
Chord Energy: is it setting itself up for more acquisitions, or is it a target itself.
News out of the US oil patch is not necessarily good over the short term. Because I'm so overweight in oil, I've sworn off new investments in energy, but Chord is hard to ignore. To stay true to my word to not increase overal holdings in oil and gas, I'm selling other oil and gas companies in order to buy more CHRD. For example, I traded my NOG position for CHRD.
Devon: I was ready to suggest that Devon could easily sell off its holdings in the Bakken, but after checking with ChatGPT, that doesn't seem likely. Will hold.
Tech:
- right now surging; time to add more tech to portfolio assuming this run will continue, or wait for a pullback?
- ignore META and MSFT now because the surge is absolutely amazing; wait for pullback?
- is there an opportunity with QCOM? Wow, that's a tough one. Of the tech I follow, QCOM is most problematic, whether to add more QCOM now or stick with the winners (META, MSFT, AVGO, AMD)?
- One may want to take a look at whom QCOM has partnered. Link here.
BRK: no safe haven. Continues to fall. I hate to think how much Warren Buffett and Charlie Munger missed by not investing in MSFT, META. I can't help but think a lot of 70-year-old investors are not happy with BRK right now. I'm certainly not.
F: continues to bother me. Better said, perhaps, "intrigues me." Losing only $22,000 per EV, compared with losing $44,000 per EV last year.
The cash burn is horrendous. If you want to put Ford's cash burn in perspective, ask ChatGPT to compare Ford's cash burn with that of GM's. By one measurement, GM is showing cash-flow positive or some kind of profit on EVs (although lots of smoke and mirrors and we're not being given "clean" numbers. Supposedly GM is looking to turn profit-positive with EVs in 2025 (this year) whereas that won't be true for Ford until 2027 or 2028.
Railroads: I can't help but believe that railroads won't be the huge winners with Trump's policies.
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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.
- Longer version here.
