Locator: 51140MARKET.
After a lackluster morning, and much negative, the major indices change at mid-day. Looking better.
Near the close:
AVGO turned positive.
AAPL still negative but has come off its lows. Later, near the close, AAPL turned green for the day. Trading at 315 it's only $2 from its all-time high.
WTI comes down a bit. Everything suggests investors / traders are more hopeful with regard to the Mideast. I'm not getting the feeling that Iran has yet followed through with major military response.
It seems SK Hynix WI is pulling tech back up. There is concern that SK HNIX (SKHYV) will take investor money from other tech. Surprisingly, the Dow is the big winner today despite SK HNIX being listed on the NASDAQ.
NVDA: up an astounding $8.00 but it's been a laggard; folks finally "getting it"?
Other tech in the red, but not bad.
SK HNIX WI trading at $170 (IPO priced at $150).
But there's no way the average US investor a) understands any of this; and, b) can put any value on these companies (appropriate P/E). This is all YOLO, FOMO, and MOJO. Talking heads talk like they really understand this.
Me? I'm really fascinated by what Apple is doing, along with QCOM and AVGO. A new CEO may change direction to some extent but Tim Cook who knows the "supply chain" will always be there to help the CEO. AVGO seems to be the favorite of the three (APPL, AVGO, QCOM). APPL is always "scary" around earnings time. QCOM has been incredibly volatile with regard to investor interest. My thoughts: these companies have a huge moat: cash-on-hand; cash flow; and huge market cap.
Rumors: META could spend $220 billion this year.
A talking head I trust on CNBC favors AMZN -- one of my three favorite companies to watch but not necessarily buying stock hand-over-fist.
"SpaceX stock is struggling" -- CNBC.
BRKB is down again today.
You can track all of Berkshire's real-time quarterly moves through the CNBC Berkshire Hathaway Portfolio Tracker or monitor the exact weights on the Slickcharts Berkshire Hathaway Holdings page.
BRKB:
- 38 tickers in the equity portfolio; Cramer recommends five stocks.
- only 14 each represent greater than 1% of the portfolio; the rest seem simply to be a nuisance; the other 24 won't move the needle;
- Peter Lynch held 20 tickers, didn't he?
- there must be some reason for these 24 but I don't understand
- of those 14, most represent less than 5% each of the overall portfolio, and two are oil/energy;
- the top four: AAPL, AMEX, BofA, and KO;
- the only "new" / "interesting" / tech holding is GOOG -- great call but like AAPL can be very volatile.
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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 and Oracle to the disclaimer. I am also inappropriately exuberant about all things Broadcom and Oracle.
- Longer version here.
