Jeep Grand Cherokee Helped Drive Sales Increase For Stellantis -- Does This Look Like A Recession? July 4, 2023

Locator: 45883ECON.  

Does this look like a recession?

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Stellantis 

Pricing, link here:

Link here.

Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier. The uptick is another sign of demand for new vehicles rebounding, as inventories of cars and trucks improve from historically low levels during the coronavirus pandemic and supply chain problems. [Those in bold are high-end models.]

Stellantis’ sales increase is expected to be among the lowest of the second quarter, according to auto industry forecasters who project industry sales to have increased 16% to 18% during that time compared with a year earlier.

Southern Surge -- July 4, 2023

Locator: 45882FREEDOM. 

Greetings from Texas -- Happy July 4th, 2023:

July 4, 2023:

I don't see this ery often any more. It was a "big deal" when I was in school in the 1950s - 1960s. 

Ron DeSantis replies, link here:

From the linked article:

Florida’s agricultural and construction industries say they are experiencing a labor shortage because a new immigration law that took effect July 1, 2023, is leading migrant workers to leave the state.

The law, signed in May by Florida governor and GOP presidential candidate Ron DeSantis, seeks to further criminalize undocumented immigration in the state.

The law makes it a third-degree felony for unauthorized people to knowingly use a false identification to obtain employment. Businesses that knowingly employ unauthorized workers could have their licenses suspended, and those with 25 or more employees that repeatedly fail to use the E-Verify system to check their immigration status can face daily fines. Business owners and workers alike say the ranks of laborers in Florida have grown noticeably thinner.

“The employee who wants to work on the farm is not available anymore,” said Hitesh Kotecha, owner of a produce packaging facility in South Florida who leases land to farmers.

“How are we going to run the farms?”

Update, the southern surge, link here: 

I've seen this reported extensively over at Breitbart, The Drudge Report, by Tucker Carlson no twitter. 

Just kidding.

Reminder: Whisper Numbers -- July 4, 2023

Locator: 45888INV.

We'll start seeing 2Q23 numbers. 

Whisper numbers.

There's a lot more to this site than "earnings whisper."

"Pivots" and "Growth" particularly notable.

"Peers" -- for some companies, great; others, really, really bad. 

But I was impressed with the peers noted for NVDA:

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For Investors

Advice to myself:

• read, read, read -- and not just business news.
• focus on investing but don't fail to trade when opportunity presents itself
• have a plan:
• establish a time-horizon
• tweak the plan not less than every six months
• review the plan annually
  
• invest in what one knows
• stick to the plan
• my plan includes
• pay myself first; add new money to the portfolio on a prescribed basis

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Sticking to a Plan

Link here.

New Home Page For Tech -- Let's Spend Some Time On Semiconductors, Chips, AI -- July 4, 2023

Locator: 10001TECH.

Note: as of August 14, 2023, this post now becomes a "page" tabbed at the blog. 

Updates

June 5, 2024: chip companies have huge day on the market today. Perhaps many, many reasons, but this is what caught my attention: TSM may get ASML etcher this year. Link here.

May 16, 2024: TSM as a foundry.

April 13, 2024: 3 nm / 2 nm CPU and GPU update.

April 13, 2024: M4 update, the 3-nm chip, and the 2-nm chip.

April 8, 2024: all the talk today on CNBC was with regard to 2 nm. In fact, Apple is already taking about 1.4 and 1.3 nm chips. See below. A reminder: INTC says they need more cash from the government.

April 8, 2024: CHIPS Act -- $11 billion for TSM announced today.

March 26, 2024: SK Hynix GPUs for Nvidia chips; $4 billion investment in Indiana.

March 12, 2024: 2 nm (Apple-TSM).

January 18, 2024: an inflection point.

January 14, 2023: TSM earnings call; focused on 1.3 nm.

December 14, 2023: 1.4 nm.

December 3, 2023: Supercomputers and all that jazz. Great update.

December 2, 2023: Nvidia Grace Hopper 200.

October 30, 2023: M3 announcement.

September 10, 2023: investing update.

September 5, 2023: QCOM, AWS, INTC, link here.

August 29, 2023: generative AI is tracked here.

August 14, 2023: the fourth update of CPUs, GPUs, cores, and threads.

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Original Post

Chips, transistors: link here.

Publicly traded companies:

• complete list, link here.
• Apple not listed;
• Xilinx listed; no longer publicly traded; bought by AMD
• excellent list, Yahoo!Finance; ranked by market cap;
• seven best to buy in 2023: link here, current, June 21, 2023. Based on YTD returns which seems a very, very poor way to come up with top seven, but here we go:
• NXPI, QCOM, MPWR, INTC, NVDA, TSM, AMD

Browsers: link here.

Tech 101:

• how the value chain works, link here:

Wow. July 2, 2023

Locator: 45887ARCH.

Flashback: from August 3, 2014.

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A Note for the Granddaughters

Before leaving southern California, our granddaughters each gave me a card thanking us for a wonderful vacation.

The older granddaughter's card included a sketch of a "book-tree." It has endless amount of symbolism. She and I, back in Boston, spent many hours up in her favorite "climbing" tree, sitting among the limbs, reading books. She used that memory to create the sketch.

Note the books:

• I-98: she must have been listening when I discussed my blog story about I-98
• Ten Blogs: somehow she knows that I have several blogs
• Fish: her memories of the two of us fishing in Texas and California
• Sailing Handbook: something she is studying to go on a global sailing trip with her dad
• The Beatles: our favorite albums
• Baken (sic) Oil

At the bottom of the tree is a chess board; we've all enjoyed learning to play chess. And, of course, the Apple laptop computer on top of the chess board.