Locator: 48773SIR.
The sixth industrial revolution is absolutely incredible (tag sixthindustrialrevolution, AI, SIRTRUMP). About six weeks ago, maybe three months ago, I forget, I get re-invigorated to study this SIR so that I could put a short summer course together for Sophia -- more on that later. [Note: SIRTRUMP has nothing to do with knighting the president; it's a tag for the sixth industrial revolution under Trump, or while Trump was president.]
But this is incredibly exciting. I will have to discuss some of this with an extended family member (or now, extended family members) who are better versed in this than I.
First of all, I am blown away by how good John Orton's 2004 book on semiconductors is. More on that later, perhaps. I update notes on this book at this blog. I guess that's all I will say about it for now.
The book that got me started in this go-around was The Lunar Men, and the book that got me started with The Lunar Men, was the H. W. Brands biography on Ben Franklin and a memoir by Christopher Benfey. I have notes on all these books over at my literature blog.
But first, a look at the market:
- NVDA: up over 1%; up almost $2 / share
- AVGO: up over 2%; up over $6 / share
- ORCL: up over 2.5%; up over $6 / share
Then:
- TSM: up almost 4%; up over $9 / share
Others:
- AMD: down half a percent; down 70 cents; well off its 52-233k high ($175)
- MU: down over 2.5%; down almost $3 / share
Most others I don't care about. Including AAPL.
None-tech in the news:
- UNP: down over 1.5%; down $3.75 / share
- CSX: up over 3%; up $1 / share
Uber partners with Lucid:
- LCID: up almost 40% today; up almost $1 / share
Cramer says stay away from LCID, RIVN
- RIVN: up 5% (on shirttails of LCID, no doubt); up about 63 cents
Other autos:
- F: down almost a percent; down ten cents;
- GM: up about a third of a percent; up about 20 cents
Of interest:
- BRK-B: the market surges -- both the Dow and the NASDAQ and BRK falls again; earlier in the day it had dropped from $472 to $468 (a $4-drop) but has since recovered and is only down a dollar, trading at $471. One gets the feeling that BRK is finding "resistance" at $470. Something to consider for those interested. I'm not.
- DIS: this is quite a story -- I was never interested in DIS -- never would have recommended it to my extended family members, but it's quite a story right now; up 1.4%; up $1.65 today; trending toward its 52-week high and everything suggests it has room to run. Link here with regard to Disney intellectual property (IP).
Energy:
- no longer interested in the short term; I'm not doing anything with energy; just collecting dividends. Can't sell; cost basis must be trending toward zero after all these years
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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.
