Anybody Buying Yet? Where’s the Bottom?

[BigHornRam]

I touched this grass a little too hard this morning.

 

[jryoung]

I touched this grass a little too hard this morning.
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Bro (mus) that's cheating.

 

[jryoung]

That one is on my list as well. I've only pulled the trigger on CRM so far and It's had a nice jump. It's a long play for me so I'll check back in in 3-5 years and see how it plays out.

It's a pretty simple move IMO: These all got beat down and misunderstood when all the LLM's started coming out as if they'd suddenly be replaced and anequated. I use and have used software/services from this list weekly if not daily for over a decade. AI is only making them better while increasing their operational efficiency and profitability. Just my 2 cents. I'm at peace with the decision regardless. Hard to know when to take profit, but I'm pretty top heavy in chips and I haven't had a conviction like this for a while.
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.......and back to chips today LOL.

Hellooooo Marvell

 

[SAJ-99]

.......and back to chips today LOL.

Hellooooo Marvell

New EO says government money could be coming their way. I'm a little cautious on the names going up. At some point it is pure chasing.

(e) Within 30 days of the date of this order, the Director of OMB, in coordination with the National Cyber Director and the Director of CISA, shall determine whether any Federal grant programs have available and relevant funding that can be directed toward applicants developing advanced AI vulnerability detection.

Promoting Advanced Artificial Intelligence Innovation and Security

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose.

www.whitehouse.gov

 

[PoleX]

.......and back to chips today LOL.

Hellooooo Marvell

Hedged with a couple leaps on chips. Glad to see a pull back in SaaS today. Crazy time to be in the market. Hopefully some tough decisions to make in 6 months. One tweet away from a disaster!

 

[KS_Flatlander]

Much like blackjack, I take the “insurance” bet no matter the trend …Gold and Silver. They help cushion the TACO tweets and portfolio roller coaster bumps, a bit.

 

[Irrelevant]

Much like blackjack, I take the “insurance” bet no matter the trend …Gold and Silver. They help cushion the TACO tweets and portfolio roller coaster bumps, a bit.

I mean, the last few years have been good, so I suppose you're not wrong, as long as you know when to get in and out.

 

[KS_Flatlander]

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I mean, the last few years have been good, so I suppose you're not wrong, as long as you know when to get in and out.

You’re right to point this out. We are living the “good times” now. I should’ve mentioned the precious metals are my insurance in addition to a mix of index equities, income stocks, and bonds. Thanks.

 

[longbow51]

Anyone know anything about JEPQ or JEPI? Seems almost like derivatives in a way, but they've been doing well for a while, writing covered calls. Not qualified dividends, though, taxed as ordinary income.

 

[Nameless Range]

I read an article yesterday that Anthropic is looking to go public, and they juxtaposed an interesting set of stats.

Anthropic Valuation: 965 Billion
Anthropic Revenue Run Rate: 47 Billion

WalMart Valuation: 950 Billion
Walmart Annual Revenue: 750 Billion

I know there's a lot of different arguments to the valuation debate, but more broadly the fact that something like 40% of our GDP growth is related to AI, seems like a lot of eggs in one very very new basket. Particularly when places like China is/will provide near-commensurate products to OpenAI, Anthropic, etc, for dang near free.

 

[KS_Flatlander]

Anyone know anything about JEPQ or JEPI? Seems almost like derivatives in a way, but they've been doing well for a while, writing covered calls. Not qualified dividends, though, taxed as ordinary income.

I’ve been invested in both for last ~8 mos. I rotated out of some high yield dividend payers (…return of principal types) because I was chewing my fingernails off every month. Less stress with JEPI and JEPQ. Fits my needs. No regrets.

 

[Bonasababy]

I read an article yesterday that Anthropic is looking to go public, and they juxtaposed an interesting set of stats.

Anthropic Valuation: 965 Billion
Anthropic Revenue Run Rate: 47 Billion

WalMart Valuation: 950 Billion
Walmart Annual Revenue: 750 Billion

I know there's a lot of different arguments to the valuation debate, but more broadly the fact that something like 40% of our GDP growth is related to AI, seems like a lot of eggs in one very very new basket. Particularly when places like China is/will provide near-commensurate products to OpenAI, Anthropic, etc, for dang near free.

There is huge risk in public safety and with the current white house regime, military and terrorist use of some anthropic products. That means a lot of public pressure to limit, regulate, even ban.

I wouldnt want to get in for that reason and sure wouldnt want to still be holding it as polls start to show the looming reality coming next year after the election.

AI now makes up more than a third of the SP500...the risk averse have to consider past options might need tweaking.

 

[jryoung]

Anyone know anything about JEPQ or JEPI? Seems almost like derivatives in a way, but they've been doing well for a while, writing covered calls. Not qualified dividends, though, taxed as ordinary income.

I've had it for about 18 months in my active portfolio. Goal was to reduce volatility with the pending uncertainty of the election. VTI probably would have been a better choice in hindsight to capture better upside, but it's been steady.