Locator: 49509INVESTING.
Absolutely the most fascinating tech story out there today -- too big to fail: you can't not watch. This is either going to be the most amazing turnaround story ever in the history of free market capitalism or it's going to be a train wreck that we watch in slow motion. Link here.
During the day:
Rush Limbaugh:
I learned a lot from Rush. I am absolutely convinced Rush would agree that President Trump is managing the government shutdown perfectly. At the end of the day, Rush was second to none with his political analysis.
It is very, very interesting that people like Maureen Dowd and/Peggy Noonan have not commented on this. It's very, very clear that Hakeem Jeffries and Chuck Schumer have not figured this out, whereas Mike Johnson and John Thune have. I don't need the push back so I'm not going to expand on this, but this is exactly how the military, literally on a daily basis, handles these things.
The Monroe Doctrine:
An a/c carrier in the Caribbean. A good spot to do training exercises. Puts the cartels (Colombia), Maduro (Venezuela), and Cuba on notice. Not just a twofer but a threefer -- a trifecta.
It's interesting: I've spent the afternoon reading Joanne Paul's House of Dudley and discussing themes from that book with ChatGPT. The combination really puts the Hegseth decision to put an a/c carrier in the Caribbean in perspective.
By the way, the US couldn't have done that had Trump not shut the Mideast down. At least for the moment. That "extra" a/c that provides backup in the Persian Gulf, if needed, can now circle aimlessly in the American Gulf.
Kilmar Abrego Garcia on his way to Liberia by Halloween?
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Investing
Cramer: supply and demand --
- finished the one-hour show with AMD, Micron, Boeing, GE Vernova, gold
Cramer:
BRK-B is down 7% in the past six months. Interestingly, Cramer avoided any comment when a viewer called in and asked about BRK-B. Anyone having to ask Cramer what to do with BRK-B at this point is simply not paying attention.
Earnings next week:
- Tuesday: Seagate, UPS, Celestica
- Wednesday: MSFT, CAT, Meta, SBUX, Boeing; FOMC meeting;
- Thursday: Amazon, Apple,
- Friday: Chevron, XOM
Tech, chips in the Android universe -- see disclaimer:
- CPUs: dime a dozen; incredibly competitive; this is where Intel operates, along with AMD
- GPUs: one name -- Nvidia, though AMD has recently entered that space
- NPUs: one name -- Qualcomm though Google has its own proprietary chip for its Pixel phone which can be used in computers
- memory: this is really cool -- memory is a niche game and there are three or four companies involved in memory but each has its own relative niche (or quasi-monopoly).
- some investors like Seagate (STX); some investors like Micron (MU). At six months, one year, and five years, their charts are almost identical. Six months:
AI prompt: I found this incredibly interesting when I asked Google Gemini this question -- Which company has the lead in CPUs -- I think it's AMD -- (Nvidia has GPU lead, not CPUs).
Google Gemini:
Am I diversified?
On this segment, I was surprised Cramer didn't see this. He got the answer right but for the wrong reason. A viewer in this segment had both META and MSFT in his 5-ticker portfolio and asked if he was diversified. Cramer struggled with this: agreeing that the viewer was diversified "even though the viewer had two Mag 7 / high cap tech stocks in his five-ticker portfolio. In fact, META and MSFT are in two completely different sectors. META is in social media / advertising; MSFT is in infrastructure / software / business sales. Two completely different sectors.
In fact, the Mag 7: no overlap -- all seven are in completely different sectors:
One could consider adding the following to the Mag 7 and not be duplicative, only a very partial list:
- Oracle
- Netflix
- Micron
- AMD
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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.
- Many posts are not proofread for several days after they've been posted.
- 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.
- And Oracle.
- Longer version here.
