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I still hold about 18% of my Port value in Tesla shares at this time.
It used to be about 28% several months ago.
I am a swing trader depending on price moves and how quick price moves.
"as for TSLA, this stock is expensive no matter what metric you look at and competition is rising"
I feel like you as well.
Though more Teslas are seen in my city, I also see a whole range of variety and good BEV's... from BMW, AUDI, KIA, Hyundai, GM, Polstar, etc.
The color of his statement was in the red... lol.
Elon made millionaires in the past.
From what I have read... likely as well few retail traders who bought shares early enough,
for me that he was up even to make it in the auto industry was unthinkable.
Surprise, surprise. C'est La Vie.
May be this could shed some light on Neb.
He posted earlier that what he posts and what he does are two different things.
He is a free spirit.
Cheers & GLTY
Few days ago, Elon said "I will make Nvidia share holders millionaires".
Today, 24 Sep 2024, nvda share price had Bullish Triangle Breakout.
Yesterday, 23 Sep 2024, Tesla share price had an Ascending Triple Breakout.
It's share price is in the same mode of Breakout
Things are going at this time in Elon's favor and Tesla & Nvidia shares are rising.
We shall see how far this bliss may continue. GLTA
Palantir share price Ascending Triple Top Breakout today on 23-Sep-2024.
This follows the Double Top Breakout of 12-Sep-2024 and it seems like a clue of reinforcing the previous message.
We shall see. Strange the same type of clues are showing in several shares of other stocks in my Port.
What's going on with the market and few posters view of a doom and gloom bear ahead?
How about the war in the ME that is going on? What are we to expect here?
Intriguing situation. We shall see.
GLTA
Tesla share price Ascending Triple Top Breakout today on 23-Sep-2024.
Interesting to note that we had the same occurred just on 19-Sep-2024, just one session ago!
What may be the significance of 2 successive ascending top breakouts just one trading session apart?
This is rare, as the opposite is what usually often happens in this area, in general.
Interesting how the market clues can be varied as to detail, nuanced as to type of clues, and uniquely different in its dynamic, when seen in the microscope.
Following the market from a technical point could be more interesting than the Fundamentals as it what happens behind the curtain remains mostly secret as to details. And creative work happens at the detail level.
GLTA
Elon Musk said "I will make Nvidia holders Millionaires".
I think he probably is hinting that he will be buying a lot of the AI chips and other hardware from Nvidia.
Feels like the chance to sell your Tesla shares and buy Nvidia shares instead may be the way.
However, depending on any one of these companies, or even both, would not seem of realizing such a goal.
Talk is cheap... and proof is abundantly found in hundreds of posts at You Tube as the reported Elon Musk talk. C'est La Vie.
GLTA
Amazon share price is still in the same Triple Top Breakout mode since 11-Sep-2024.
My timing to add more about that time was good. GLTA
On technical front, Intel share price had an Ascending Triple Top Breakout today on 20-Sep-2024.
UPDATE 6-Qualcomm approached Intel about a takeover in recent days, WSJ reports
17:31:36 PM ET, 09/20/2024 - Reuters
(New throughout, adds background on Intel's recent challenges and steps)
Sept 20 (Reuters) -
Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Intel's shares closed up 3.3%, while Qualcomm fell 2.9%. Qualcomm, with a market capitalization of $188 billion, is worth about twice as much as Intel.
An acquisition would put Qualcomm, known for its cell phone chips, in charge of a storied Silicon Valley business that created the guts of the modern PC but has been struggling to make the switch to chips that support AI.
Earlier this month, Reuters reported that Qualcomm explored the possibility of acquiring portions of Intel's design business and that its PC design unit was of particular interest.
PS: Today's volume was heavier than usual, trading 260,377,912 shares, versus an average of 52,297,501 shares per day during the last twelve months. The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation by traders as of 4:15 PM ET Friday, 09/20/2024
Today, 6,775,962 shares of IONQ traded hands, in-line with the 6,510,045 share daily average during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers as of 4:10 PM ET Friday, 09/20/2024
I am seeing for next week a "golden cross" likelihood/similarity... of crossing of the 20 ema with 50 ma in the chart.
We shall see. Have a great weekend,
Cheers & GLTA
IanFromSI,
Interestingly, it seems likely that we have few things in our lives that we are facing simultaneously, lol.
Konaploinks, also aroused my interest in IonQ before yours.
I just bought shares in it.
And I have another one in my Port of probably pursuing something similar- QS
Almost like you I am retired about 25 years ago. I pursue many hobbies and interests most in intellectual domain.
I never thought I would ever reach the age group I happen to be in having lived a terrible childhood as a refugee and in disease (dysentery) from young age.
But here I am a happy man enjoying this gift of life... in total contrast to my early life tribulations, but in gratitude and grace... feeling connected to my Source in good spirit and awareness.
Salute and blessings, and good luck to you in your life journey
Day order to buy IonQ share at $7.82 filled. GLTA
PS: First step in phased process of buying.
Tesla share price Ascending Triple Top Breakout today, on 19-Sep-2024.
Cheers & GLTY & GOD bless
Thanks for your informative post, friend.
Cheers & GLTY
No problem for me. Not thinking of selling shares of intc soon.
Not a day trader. Not a short term speculator. That's not my span of interest at all.
GLTA whatever they're doing and make it to mostly end up in profits, at the bottom line.
Whoever is thinking in the very short term and let it impact their decision usually is not a good thing in the stock market.
Hope you're doing fine.
Cheers & GLTY
Day order to buy at $21.45 filled. GLTA
PS: Adding more shares in my Port today significantly reduced my average cost per share.
Day order to sell at $79.20 filled. GLTA
PS: A second round of modest profit of 20% in few weeks. After a possible/likely correction I may go for a third round.
... and a terminal case, sadly.
DJT- Damned Journey of Titanic - on its way to hit the Iceberg.
Be aware that the st signal now changed to Long Tail Up today 17-Sep-2024.
A warning that prices likely may go down after the run up. GLTA
Still going strong in the mode of the Breakout on 12-Sep-2024
Hope it reaches $40... when I likely may sell part of my shares.
We shall see. Hopefully it can do it...
Cheers & GLTA
Intel receives some much-needed good news as it reportedly wins new military contract
10:51:56 AM ET, 09/16/2024 - Briefing.com
Badly in need of a win amid a dreadful 2024 that has seen its stock plummet by about 60%, some positive news has finally emerged for beleaguered chip company Intel (INTC). Last Friday night, Bloomberg reported that INTC is in line to secure up to $3.5 bln in federal grants through The Pentagon's "Secure Enclave" initiative, which was created to help lessen the military's dependence on foreign chip manufacturers. By no means is this a game-changer for INTC that wipes the slate clean of all its troubles, but the new military contract is still a welcomed development that should provide its top-line and cash flow with a much-needed boost.
In terms of selecting a domestic chip maker for the Secret Enclave program, the government's options are quite limited. Up to 90% of the world's advanced semiconductors are manufactured in Taiwan -- the bulk of which are produced by Taiwan Semi Manufacturing (TSM) -- and INTC is one of the few, if not the only, chip manufacturer with the scale to meet the government's needs.This positioning has significantly benefitted INTC as the company has already racked up $8.5 bln in federal grants and $11.0 bln in loans through the CHIPS Act in support of its foundry expansion plans. However, INTC still faces a massive funding deficit given that it will need over $100.0 bln in capital over the coming decade to help construct new factories in Arizona, Ohio, New Mexico, Oregon, and abroad.Considering INTC's deep struggles and data center market share losses at the hands of NVIDIA (NVDA) and Advanced Micro Devices (AMD), there is an even greater sense of urgency for the company to shore up its financials. To put INTC's downfall into perspective, the company's cash flow from operations for the six-months ended July 1, 2024, was $1.07 bln compared to $6.7 bln for the same six-month period ended in 2022.On that note, a couple weeks ago Bloomberg reported that INTC is considering splitting its Product and Foundry segments in a shock move meant to help stop the bleeding. In Q2, the Foundry segment, which is core to INTC's "IDM 2.0 strategy", posted an operating loss of more than $(2.8) bln -- more than $1.0 bln worse than the year-ago period. Those mounting losses, combined with deteriorating sales, especially in the Data Center and AI (DCAI) segment (-3% in Q2), prompted INTC to initiate a huge headcount reduction plan of at least 15% of its workforce, which it also suspended its dividend.Whether INTC takes such drastic measures as splitting off the Foundry business remains to be seen, but selling off other non-core assets seems like a very plausible possibility. In fact, in another Bloomberg report from last week, it was reported that INTC is considering selling part of its Mobileye (MBLY) stake. After INTC spun MBLY off in an IPO in October 2022, it retained an 88% ownership stake in the chip maker for autonomous driving technology.
After a barrage of negative headlines over the past few months, there are few companies more in need of a narrative shift than INTC. This new military contract does offer a reprieve, although it doesn't resolve the underlying competitive issues that have engulfed INTC.
Intel share price has an Ascending Triple Top Breakout today, on 16-Sep-2024.
This follows the Double Top Breakout of Aug. 30 breakout and is positive.
We shall see how this one may help turn around the bad slide.
I'd rather wait before adding more... given my Port circumstance and improved status at this time.
Cheers & GLTA
Disney share price appears to be in process of defining the bottom of the long price decline.
We shall see.
GLTA
Palantir share price continuing in the mode of the Double Top Breakout on 12-Sep-2024.
Momentum for PLTR is strongly bullish. The 14-period Slow Stochastic oscillator is above 80, the level which many analysts call overbought. This means that investors have been actively purchasing shares and driving the price higher.
The last 10-days have seen significant volume in PLTR, with average daily volume above the average for the last year. Today's volume is no exception; with 50,062,311 shares having been traded already. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers as of 1:41 PM ET Monday, 09/16/2024
PS: My average cost is $13.48 after selling twice before up to 50% of my shares. Presently I am ahead in profits by 173% and watching to sell 50% probably this week should price increase reach twice my average cost. Not to hurry considering the overall picture as of now. We shall see. GLTA
LIFE HAPPENS IN THE PRESENT
Cheers & GLTY
Weedy thinking!
Good to see chart pattern still continuing in "Bearish Signal Reversed" mode since it started on 11-Sep-2024. GLTA
PS: I like to see a confirm for upturn in the chart.
Increasingly more Cybertrucks seen in our City by the Bay. The contrast with other cars is indeed eye catching.
As I posted several days ago, I saw an Orange color that was outstanding.
I think many are attracted to own and drive such cars.
Smart Elon understands well this attraction as a great business genius. Wants and Needs
Cheers & GLTY & GLTA
Sofi share price still in mode of Double Top Breakout since 11-Sep-2024.
It appears the challenge ahead is to rise above $7.94, next $8.06 towards $8.30
We shall see.
Cheers & GLTA
I will stop posting on this board anymore for the foreseeable future.
What I have posted recently have been removed. I have gotten the message. I want to be helpful. That's all.
Things should go smoother as it is wished and I don't want to be there where I am not wanted. Sorry to cause whatever the reason must have been for the removal of my posts.
In good spirit I wish everybody peace and harmony.
Cheers & GLTA
Have been watching it and it kept going up... quite a bit since they have some agreements with Nvidia.
Dell is preparing to produce the new generation of Computers that will use AI .
Doing fine owning shares in 4 of the Mag 7 already.
Sure Dell is also good to own.
Thanks for the reminder.
Cheers & GLTY
It appears among the challenges of AI happen to be that even a complete research of lots of DATA necessarily still may end... in giving the the wrong answer to a simple question. For it's based on an answer that does not include for its context.
Nvidia appears heading soon to giving a signal of a share price breakout.
We shall see how it will end by tomorrow Friday.
All the more cost in energy used could be a waste unless such challenges are resolved. The human presence and involvement is a must. We won't have full and always dependable responses by AI anytime soon.
Any information without consideration of the context could lead to serious mistakes using AI as its source.
One search "Do cats speak English" yielded an answer "yes" based on a information/data on record from a show/clip in which a cat talked English.
Similar and more challenging problems exist in voluminous data collected (Tesla Robo-taxi) from driving autos records. Larger collection of data does not necessarily mean better for Self Driving Autos, among other challenges. I think expecting perfection in this kind of automation using AI I think happens to be more wrong than it is... for human beings! C'est La Vie.
Cheers & GLTA
It appears among the challenges of AI happen to be that even a complete research of lots of DATA necessarily end... in giving the right answer.
All the more cost in energy used could be a waste. The human presence and involvement is a must.
Any information without consideration of the context could lead to serious mistakes using AI as its source.
One search "Do cats speak English" yielded an answer "yes" based on a information/data on record from a show/clip in which a cat talked English.
Similar and more challenging problems exist in voluminous data collected (Tesla) from driving autos records. Larger collection of data does not necessarily mean
better for Self Driving Autos, among other challenges. I think expecting perfection in this kind of automation using AI I think happens to be more wrong than it is... for human beings!
Konaploinks,
Interestingly, Invidia and IonQ share price chart patterns signaled "Bearish Signals Reversed" yesterday, on 11-Sep-2024.
What's going on? Any connection?
Amazon share price Triple Top Breakout today on 11-Sep-2024. GLTA
Still in the same rut. GLTY