Dipped down today due to a round of financing. I'm watching and hoping to buy soon. BTW, I just learned that you can trade Gold futures on Coinbase with 19x leverage. Good idea? :)
OT: Stock and Investment Talk
- Thread starter RU-05
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I'm so f'ing tempted to buy a contract and see what happens. Looks like it only costs around $100 plus setting aside a margin buffer. Coinbase also does crude oil futures with 8-9x leverage. When the hell did this happen? I assumed it was only coins/crypto.
While sorting through the avalanche of "quantum" bologna I came across article on Intel. It highlights how Intel's "solution" to its problems was to return to the poisoned well of DEI marketers and accountants who wrecked Intel years ago. Selling sizzle instead of steak..
"Intel’s board is incompetent and its horrible decisions over the decades are going to push it towards death. The decision to fire Pat Gelsinger, put in charge a CFO + career sales and marketing leader, and cut spending on fabs in favor of a renewed focus on x86 is an example of the incompetence that will end Intel. ..
Upon closer inspection, these failures are no surprise. 7 of 11 members have no relevant semiconductor experience. Two more are accomplished in the field but as academics, not industry players. They have no experience making hard decisions, understanding critical business inflections, and are not qualified for what’s at stake. "
Intel On The Brink Of Death Due To Culture Rot Says Scathing Report | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
In 2015 Intel took a leap into the DEI (divide and conquer psyop) sinkhole that Americans fall into over and over and over.
Intel Pledges $300 Million to Increase Workforce Diversity
Only 24% of 2013 employees were femaletime.com
Jensen let the car out of the bag - actual quantum computing is years away. The talk about new quantum processors is silly,
Only a few quantum computers exist in labs and they are experimental
"D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday.
Huang was asked Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing chips, but that those computers would need 1 million times the number of quantum processing units, called qubits, that they currently have.
Getting “very useful quantum computers” to market could take 15 to 30 years, Huang told analysts."
Probably not much. Maybe a few insurance companies dip due to future payouts, but the fires are not in Silicon Valley where Big Tech is.
It will take a while, but other than (obviously) the insurance companies I think Lowe's and Home Depot will see a bump.
I own HD, bought it in July. Up 7%. 2.3% div. I'll keep holding.
Been eyeing the ITB (US Home Construction ETF) and see if it dips below $100. At $102 right now. HD and Lowes are significant holdings.
In other news, quickly down 9% on NKE. Damn you Ackman! :)
Create your "T2Kplus20 ETF" for this thread. Post exactly what's in it now (and the weighting) and post what your are evaluating for inclusion. Go ahead. Have at it.
I already have a 33-holding custom basket based on T2K's proprietary research methodology (with a small amount of help via FS Insights/Tom Lee). It kicked the S&P's butt last year! :)
Rebuilding will start in about seven years with California red tape and permit bullshit they are notorious for.
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