morekaos
Well-known member
Depends…if the position is a long term holding then , yes…the position is ALWAYS repurchased, exactly 31
Days later, it is a discipline. But many times I have discretion .
NEW -> Contingent Buyer Assistance Program
Days later, it is a discipline. But many times I have discretion .
1. No backstop like government investment
2. TikTok
Up 108% on MU.
Amazon won't help tomorrow. The 52 week low would make it even more oversold and down over 65%. It doesn't guarantee it won't go lower but with vix up, seems put premiums would be juiced cushioning any further blow if you wanted to buy it anyway.
Added a little more Oracle and AMD.
Bought XOM for $130 couple weeks back.
Note: after consolidations, for self managed accounts my core position (2/3) in taxable is BRK-B, GPIX, & GPIQ and in IRA it’s Vanguard index funds. Only 1/3 of the money is in individual stocks and other ETF’s.
Days later, it is a discipline. But many times I have discretion .
sleepy5136
Well-known member
out of curiosity, why Oracle? Why not other stocks that have been sold off due to AI bubble concerns?
sleepy5136
Well-known member
I've been actively building a position in the cybersecurity space. Specifically CRWD
GrowthStateofMind
Active member
$ORCL is compelling for 2 recent news catalysts:
1. No backstop like government investment
Oracle and the U.S. Department of Energy Collaborate to Accelerate AI Initiatives
Oracle and the U.S. Department of Energy (DOE) today announced a joint effort to further advance the DOEs current and future AI and advanced computing initiatives, including the Genesis Mission. As part of a non-binding agreement, Oracle and the DOE will work together to foster technological...
www.webwire.com
2. TikTok
Oracle and the U.S. Department of Energy Collaborate to Accelerate AI Initiatives
Oracle and the U.S. Department of Energy (DOE) today announced a joint effort to further advance the DOEs current and future AI and advanced computing initiatives, including the Genesis Mission. As part of a non-binding agreement, Oracle and the DOE will work together to foster technological...
www.webwire.com
sleepy5136
Well-known member
The TikTok part is interesting. I’d be curious to know how much cash it’s printing as a business.
Regarding the AI infrastructure play I think there are already many players here like CoreWeave and Nbis. It requires a good amount of spending and I’m honestly not sure if we need to have 10+ companies creating AI infrastructure. The cloud for example has AWS/Azure/Google as the main players. I could be completely wrong but personally don’t feel Oracle is going to succeed there.
Regarding the AI infrastructure play I think there are already many players here like CoreWeave and Nbis. It requires a good amount of spending and I’m honestly not sure if we need to have 10+ companies creating AI infrastructure. The cloud for example has AWS/Azure/Google as the main players. I could be completely wrong but personally don’t feel Oracle is going to succeed there.
momopi
Well-known member
Investing in Oracle is betting that they will plow through building data centers in Michigan and Wisconsin despite issues like construction delays and funding.
I’d also keep an eye out on robotics as they are a key component to automation. BOTZ ETF invests in companies that I like (ABB, FANUC, ISRG, etc).
I’d also keep an eye out on robotics as they are a key component to automation. BOTZ ETF invests in companies that I like (ABB, FANUC, ISRG, etc).
I work in cyber - probably the best sector of the software industry to invest in currently. AI has created a whole new category of exposure and risk.
morekaos
Well-known member
This has certainly worked out…I bought on that dip in April in the late $60’sDepends on when you bought it…I grabbed a ton of MU when it dumped a few months back
morekaos
Well-known member
I hope you did!!
GrowthStateofMind
Active member
MU yearly chart is crazy, 97 was previous high from 2000 tech bubble and didn’t close above 97 till this past year…
momopi
Well-known member
Up 108% on MU.
Ready2Downsize
Well-known member
Do u still have orcl? Getting pretty oversold here. Maybe buy it by selling some puts?
morekaos
Well-known member
Add…$147.00
Ready2Downsize
Well-known member
Most oversold it's ever been except for THE 52 week low but might as well see if the 52 week low holds I guess.Add…$147.00
Amazon won't help tomorrow. The 52 week low would make it even more oversold and down over 65%. It doesn't guarantee it won't go lower but with vix up, seems put premiums would be juiced cushioning any further blow if you wanted to buy it anyway.
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Ready2Downsize
Well-known member
Not sure there is a lot of upside in the short term but I was thinking companies that will benefit from all the $$$ going to AI centers. CAT is holding up well. Going to see what else is doing ok, maybe an ETF to spread risk out.
momopi
Well-known member
Added a little more Oracle and AMD.
Bought XOM for $130 couple weeks back.
Note: after consolidations, for self managed accounts my core position (2/3) in taxable is BRK-B, GPIX, & GPIQ and in IRA it’s Vanguard index funds. Only 1/3 of the money is in individual stocks and other ETF’s.
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GrowthStateofMind
Active member
On that note about AMZN, it had rather high volume and premium of ominous bearish bidside single leg in-the-money weekly expiry call flows (shorts on 227.5 strike calls) show up before earnings earlier in the week, then proceeded to dump as much as 10% today. Big money did the same bearish unusually high premium options flows to GOOG and MSFT before their earnings dumps over the past week.Most oversold it's ever been except for THE 52 week low but might as well see if the 52 week low holds I guess.
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GrowthStateofMind
Active member
I don’t know that holding up well is a term I would use, it’s been free-fall since July when it was 133 and continues to dip since last month’s high of mid 90s. It’s hanging on for dear life right now at near previous lows and keeps fading every bounce on the indexes - a lot of relative weakness lately and 200d moving average is still well above current share price. I’ll trust a bounce if it gets above 200d moving average because it’s still in free fall downtrend.
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