YES...lots of good data and statistics in the link that SMOKIE put up. After reviewing all that info....an EPIC BEAT. The only micro-blip I see is....GAMING revenue down by about 1% from the prior quarter....although up by 30% year over year. I dont know what expectations were. Automotive and robotics was up by 1% and 32% from a year ago....although I dont know what expectations were. Certainly not a big focus of the company right now. For a mature company....HUGE MARGINS....For the quarter, GAAP and non-GAAP gross margins were 73.4% and 73.6%, respectively.
I am not expecting any BIG FIREWORKS tomorrow. At the moment only up by about $8 a share. We will be lucky to get $5-$8 tomorrow in my view. AND...unfortunately after that the good old financial media will be beating away on the.....negative drums....as usual. AND...if we are lucky enough to get a gain of $8 tomorrow....the stock will still be $18 below the prior high. So in other words.....a typical good SINGLE day for the stock at best tomorrow....at worst NOTHING. BOOM.......SHOW ME THE MONEY.......at least for a couple of days.
At least now we are basically about 90% to 95% done with earnings. There is NOTHING that will happen over the rest of the year except for the December FED meeting and rate cut DRAMA.....and a few government labor and data reports. So the the short term, the speculators, the market manipulators, and the traders, will be the usual focus of the short term..... I say......WHATEVER. F....off.
Totally agree. I think he probably knows pretty well where we are in AI and the 5-10 year future. He probably knows more than some 28 year old financial writer....with no business experience and probably ZERO investing experience.....fear-mongering for clicks. A nice little article. Nvidia CEO Jensen Huang rejects talk of AI bubble: ‘We see something very different’ https://www.cnbc.com/2025/11/19/nvidias-huang-rejects-ai-bubble-we-see-something-very-different.html
BACK to REALITY. NO there is NO AI bubble. NO....there is no such thing as circular sales and financing...it is simply called....BUSINESS. NO....there is nothing wrong with buying an ownership interest in other tech companies and leveraging their technology. YES......AI is being embedded in companies and business all over the world....whether you see it or not. NO....the media can HYPE all their fear and negativity but that does NOT make it reality. AND.......NO....there is no housing crises or affordability crisis. It has NEVER been easy to buy a house. To get into our first house....we had to settle for a little two bedroom house on the wrong side of the tracks. We had No dishwasher, No washer or dryer......and were on edge every single month to be able to pay our $160 a month mortgage...on our combined GROSS income of $600 per month. We bought under a HUD foreclosure program because we had NO MONEY to make a down payment. That is how it used to work and for many people that is how it still works. You do what you have to do to get your foot in the door. The only difference now.....SOCIAL MEDIA....is making everyone crazy with ENVY and EXPECTATIONS....thinking that the BS they see INFLUENCERS and others posting represents REALITY. It DOES NOT. People NOW have ZERO self awareness that every generation has struggled to get started.....and....many of the past generations had it WAY WORSE than young people do now. I know.....I lived it and have seen it with generations over many decades. People can buy homes and get into the housing markets.....if they wish and do what every generation before them has done.....buy where you can afford in spite of wanting all the HGTV perks and bennies.....and...be willing to buy in lesser areas. That is why it is called a....STARTER HOME. This is how EVERY generation has started with their first house. We heard the same BS with the Millennials as we are now with GenZ....and YES.....the Millennials now own homes in normal percentages, they got married, they had kids, etc, etc, etc. It will be the same for GenZ. As to affordability in day to day living. GUESS WHAT.....a huge percentage of the population has ALWAYS lived pay check to paycheck. A fair percentage of the population has always been POOR. Poll Data on this issue is NOT accurate....people will spout back to pollsters the platitudes about the economy and affordability being bad... that they see and hear in the media every day....but ask them how they personally are doing....and you see the real picture....most people are JUST FINE. One little example....out of many....look what you can make working what used to be a high school, teen, job......$20 per hour or more....a couple working these low end, fast food, jobs can make $100,000 a year with benefits. UNHEARD of 10-15-20 years ago when these jobs paid....$5 to $7....an hour. The MEDIA....the POLITICIANS.....want everything to be NEGATIVE, NEGATIVE NEGATIVE. "Affordability BS.....is mostly POLITICS......government is NOT going to pull you up.....YOU have to pull yourself up. A single example....eggs....I bought 12 large Grade eggs the other day at HEB for......$1.97. We are being cherry picked to death with examples of the NEGATIVE by the media and politicians...every day. IGNORE IT ALL and spend that time planing and thinking about how to PULL YOURSELF UP. GOVERNMENT is never going to pull YOU up. GET out of the NEGATIVE thinking cycle and get into taking control of YOUR life. GET beyond the negative thinking that leads to passive FAILURE.
NOW....the markets....obviously up big and in the green to open. GREAT. BUT what we are seeing today is NOT some..... INSANE RALLY....it is simply gaining back some of what has been lost to the STUPIDITY of the last few weeks. NVDA...up about $6 a share.....basically what we have seen many, many, times on a good day. Today is not some sort of HISTORIC DAY in the markets....it is a catch up day.....a recovery day from some of the BS caused losses. What will count is the LONG TERM....as usual.....and today will hopefully be a nice little single data dot in the long term chart. CELEBRATE today.....have fun.....but keep CLINICAL FOCUS on reality.
Some HUGE lessens in this little article......great lessens for life, investing and success. AND......a basic continuation of my comments above: Cultural Confidence: The Missing Ingredient of Western Prosperity https://www.realclearmarkets.com/ar...ingredient_of_western_prosperity_1148493.html "What our greatest civilizations shared wasn’t just power or prosperity—it was a fierce belief in themselves, something the modern West is forgetting." Great civilizations have this.....as do people that PULL THEMSELVES UP. AND: ......"We even touched on schadenfreude and how easily demagogues exploit our innate and ignoble tendency to resent those who have what we do not. In moments of mass delusion, logic’s voice is almost always drowned out by the hysterical passions of those seduced by the demagogue’s oratory"..... Agree or not.....this is a significant little article....that applies on the national and world level....but ALSO....is a LESSON for every individual regarding life success.
To give away the answer......NOT AT ALL. Three Record Breaking Streaks Are Over. How Worried Should Bulls Be? https://www.carsongroup.com/insight...streaks-are-over-how-worried-should-bulls-be/
HERE is the answer to some FEAR MONGERED topics we have had to ENDURE lately. US labor market gained 119,000 jobs in September as unemployment edged up slightl https://finance.yahoo.com/news/us-l...unemployment-edged-up-slightly-153908135.html Nvidia stock soars after Q3 earnings, forecasts top estimates with sales for AI chips 'off the charts' https://finance.yahoo.com/news/nvid...es-for-ai-chips-off-the-charts-153409984.html US homes sales rose in October as homebuyers seized on declining mortgage rates https://finance.yahoo.com/news/us-homes-sales-rose-october-150121885.html
HERE is the market today. Dow, S&P 500, Nasdaq soar after Nvidia's earnings beat, jobs report blows past expectations https://finance.yahoo.com/news/live...report-blows-past-expectations-143553808.html
FUNNY....that no one told us this....during the flood of NEGATIVITY lately. Corporate Insiders Buying Stock Dip at Fastest Pace Since May https://finance.yahoo.com/news/corporate-insiders-buying-stock-dip-103000508.html
AND....to continue my little theme of the day.......remember all the DIRE BS we heard 10-15 years ago about the poor Millennials? Millionaire millennials everywhere? New Fidelity survey highlights the status of retirement savers. Millennials, welcome to the 401(k) millionaire club. https://finance.yahoo.com/news/mill...he-status-of-retirement-savers-132010459.html
I am seeing all kinds of good news today. We have to do something about that. it is NOT NORMAL...to have to ENDURE so much positive content. What is wrong with these people...supporting and pushing POSITIVITY on the poor unsuspecting public. Average 401(k), IRA balances hit record highs amid 2025′s market gains https://www.cnbc.com/2025/11/20/ave...hit-record-highs-amid-2025s-market-gains.html
WTF is wrong with people....to continue the above.....we all know this can NOT be true. it is just TOO positive. It is just NOT RIGHT to have people actually feeling good about anything. CUT IT OUT. Walmart hikes sales and earnings forecast as it attracts shoppers across incomes https://www.cnbc.com/2025/11/20/walmart-wmt-q3-2026-earnings.html
AND....one final piece of good news.....I just cant take any more....so i will stop here before I get giddy. it is not good to be exposed to too much positive news....it MUST be buried for the good of humanity. Too much positivity might actually encourage people to do something positive with their OWN life. We cant have that....WTF...is wrong with the media today? U.S. greenlights AI chip exports to Gulf tech giants after Saudi Crown Prince’s Washington visit https://www.cnbc.com/2025/11/20/us-...s-to-gulf-after-saudi-crown-prince-visit.html
I CELEBRATE....my big gain so far today and all my stocks being GREEN. A big recovery of some of the losses of the past few weeks. NOW....going forward.....I believe that the items below will be BIG INDICATORS.....of where the short term markets go over the rest of this year: 1. Do the markets hold and gain into the day today....or do we see some FADE toward the end of the day. 2. Does the market RALLY continue tomorrow.....or does it fade.
