I bought back AMAT covered calls I sold a while ago, that might have been a little too soon. Closed NVDA and TSLA put spreads. I'm going to sit on my hands now, I think this has more to fall.
*Investors Blog*
- Thread starter Warstud
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Applied is a great company. Perhaps the 1st well run Semiconductor Equipment Manufacturing company.
One of my favorites, I've owned it for very long time. When they run it up I sell OTM calls, when it falls I buy them back. I don't want to get called out of it, so I play it very cautiously. I think I might have been able to hold off on buying them back, but..........
Made a small investment in FSELX
Is IBM considered a ‘has been’ company from the past ?
I have no clue
I don’t even know what they do anymore but since you asked and I looked just recently have they matched their high from the year 2013.
Pretty sad performance? 11 years of nothingness.
Gosh, I hope I’m still alive in 11 years and healthy. Assuming at the end of the month I find out I don’t have cancer.
Oh, OKOops.
My question was meant for Jeff….
I just sat down for a minute while I dig holes and plant shrubs in my backyard so I haven’t looked back at what any of the previous posts are about
From an ownership perspective, that's spot on.
As a great Silicon Valley American company, even more so. Applied was a pioneer in the valley. Because of them (and others) America has always led in the manufacture of Semiconductor Mfg Equipment. Without them there is no Apple, NVIDIA, TSMC, you name it.
I worked for one of the early AMAT execs who became President of Novellus (now Lam Research). Dr. Peter Hanley asked for a forecast analytics application; after 2 years and big bucks to a consulting company, I was asked to step in. It changed my life. Peter was known as, "the big guy in 4000 you don't piss off." Tough but fair. Listened and never forgot what you said. He gave me the golden handcuffs...
Oh yeah, Peter was a car guy... A true Silicon Valley legend. "Every problem is a Sales problem." "You're not done? Then what the xxxx are you doing here? Get back to work!"
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They continue to milk there large customer base for consulting fees. Last few years they have been portraying themselves as experts in the Cloud - sell the software cheap, charge a boatload for ongoing service and licenses.
They do a lot with compliance / legal stuff - the kind of stuff the biggest companies have to do to meet all the various regulatory requirements - what countries you are and are not selling to, what conflict minerals you are or are not using. Easier for big consumer companies to outsource this - so if they get something wrong they have someone to blame. Since IBM is no longer a consumer company, they wouldn't make the headlines if charged anyway.
They also still hold a ton of patents others license so they make a lot on those - with zero cost so its all profit.
Things look sad this morning, maybe to be expected after last week. Will be interesting where we stand in 4 more days/ Friday.I trust nothing about the market and by that I mean, the drop maybe a time for the AI's in the market to buy as they make money both directions and if things are too flat they dont do as well.
maybe
Sad in what way?
I trust nothing about the market and by that I mean, the drop maybe a time for the AI's in the market to buy as they make money both directions and if things are too flat they dont do as well.
I am an emotional guy, but the market - I try not to be?
I expected the market to be up today and the NASDAQ not flat... it might be a good thing, time will tell. Short term numbers hour by hour I dont go by unless I am going to trade
Im confused about your post
Nasdaq is flat. ok, up less than 100 which is to me statically insignificant. @ $16,767.92
Then why watch? (sorta sounds emotional I guess) NASDAQ is up near 0.5%. That's not tiny for 2 hours, but this type of market, it could take a huge poop in 20 minutes
My feed says its up 1/2%?Im confused about your post
ok, up less than 100 which is to me statically insignificant. @ $16,767.92
Greed is good!
We don't want these paltry 0.6% gains. Bring back ZIRP!!!!
We don't want these paltry 0.6% gains. Bring back ZIRP!!!!
Stocks are up, long bonds are up, commodities are up, the dollar is up, BTC is up.
Looks like maybe gold is down a tiny bit. Odd.
Still - almost everything is up.
Looks like maybe gold is down a tiny bit. Odd.
Still - almost everything is up.
Gold has been on such a flyer rest is necessary. I'm really tempted to sell some, frankly.
