Ok...got my order in. I also looked at my account of course. I have a big gain so far today. BUT....only from four stocks. I have four in the red....HD, AMZN, AAPL, and COST. Poor HD and AAPL they are being disrespected lately. AAPL...just cant seem to get anything right...at the moment. They are still not able to put out any sort of cohesive AI strategy....or products. I think their top management are out of touch when it comes to AI and product development. As to AMZN and COST and HD.....great management and business across the board. There is simply NO REASON for these businesses to be doing what they are doing in the markets right now. With the ten year rate about to dip into the 3% range......the weakness in these companies....short term....is out of touch with reality. BUT....no one ever said that the short term markets reflect reality. I am totally sold on all four of my.....at the moment....red companies. I have no doubt these companies are among the best in the world and are ICONIC, DOMINANT business models. So i will ignore it all and sit and wait for the......LONG TERM.
Another economic report.... How do we even know if this is right or wrong? I don't think anybody can trust any economic report at this point. Trust is a very valuable thing and once it is questionable or devalued, it is very, very difficult to restore. A lesson that the government and policymakers literally do not understand. Now, that will not stop the media or politicians from using them to their advantage.
I am discounting the red that I have in my portfolio today. It is early in the day and I suspect that at least two if not all four will be green by the close. I guess it depends on how much the fear-mongering ramps up over CPI tomorrow. AND....if CPI is about the same as PPI....we will of course seen see MASSIVE content in all the news sites about the.....RECESSION....that is about to take us out. NO....we are not anywhere near recession. The consumer is still strong. AND....I expect a good holiday season for Halloween, Thanksgiving and Christmas. Of course I have already seen some articles warning.....or fear-mongering....about retail sales for those events. It never ends......NOISE, NOISE, NOISE. BUT......I am lucky. I am way out there on my little surf board.....RIDING THE WAVE. I am so far out there that I cant even hear any of the NOISE.
Yes....SMOKIE. And another one to come tomorrow. ALL....compliments of the idiots at the....BLS. I dont care who is in power.....it is WAY past time to clean house at the BLS. This distorted and inaccurate data is ridiculous.
I like it as a big tech and NVDA owner. US data center build hits record as AI demand surges, Bank of America Institute says https://finance.yahoo.com/news/us-data-center-build-hits-152856787.html
Yeah, it is amazing that it is this bad. I really wonder how much of this is intentional at times. If not, then incompetence is an understatement. However, the incentive for policymakers to skew data would seem very possible for any respective group. I think the problem is going to be....nobody will even trust an "accurate" report because we have no idea or way to verify it. I suppose we will just be better off with our own experiences. If your neighbors are losing jobs or while shopping you realize prices are high....all anecdotal...but probably more accurate...lol.
In reality....nothing much going on today now that PPI is out of the way. Looking forward to being done with CPI tomorrow and moving on the the FED IDIOTS meeting next week so we can get our rate cut and move on.
Speaking of "sentiment." A little article that talks about the silly surveys and what people actually do versus what a survey tells us. https://awealthofcommonsense.com/2025/09/the-vibes-are-broken/
I dont begrudge Oracle shareholders the big gain today. BUT....EPS.....a miss....Revenue...a miss....Net Income slightly down. Compared to the earnings that NVDA puts up quarter after quarter....Oracle is not in the same league. Yet time after time....poor NVDA....falls following great earnings. Even if it does not fall it certainly does not put up a +$85 day after earnings.....it struggles to put up a few dollars. Of course the big jump in Oracle today is based on future cloud growth. NONE of the big gain today is based on the current earnings......hard numbers.....most were a miss or flat. It is ALL future projections. Since I dont follow this stock I dont know how trustworthy those projections are. Time will tell if this is all truth or simply overblown wishful thinking. Oracle stock soars after CEO says AI-fueled cloud revenue set to jump to $144 billion https://finance.yahoo.com/news/orac...nue-set-to-jump-to-144-billion-154530523.html (BOLD is my opinion OR what I consider important cocntent) "Key Points Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up from $10.3 billion in fiscal 2025. The database software company announced deals with Google and OpenAI during the quarter. Oracle shares spiked 30 % Wednesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12% from $13.3 billion a year earlier during the quarter, which ended on Aug. 31, according to a statement. Net income was about flat at $2.93 billion, or $1.01 per share, compared to $2.93 billion, or $1.03 per share, in the same quarter last year. Oracle said Tuesday that its remaining performance obligations, a measure of contracted revenue that has not yet been recognized, soared to $455 billion, up 359% from a year earlier. During the quarter, OpenAI said it signed an agreement with Oracle to develop 4.5 gigawatts of U.S. data center capacity. Alongside larger cloud providers such as Microsoft, Oracle has been one of the big winners of the artificial intelligence boom, due to its cloud infrastructure business and its access to Nvidia’s graphics processing units, or GPUs, needed for large workloads. CEO Safra Catz said in the statement that the company signed four multibillion-dollar contracts with three different customers in the quarter. Also in the quarter, Oracle said cloud rival Google’s Gemini AI models would become available on Oracle’s cloud infrastructure. Oracle shares hit a record last month and are up 45% in 2025 as of Tuesday’s close, while the S&P 500 index has gained 11%. A gain of 22% or better on Wednesday would represent the best day for the stock since the dot-com boom of 1999 and its third-sharpest rally ever. It would also lift the company’s market cap past $800 billion. In the statement, Larry Ellison, Oracle’s co-founder, chairman and technology chief, said that in October, the company will bring out an Oracle AI Database service that will allow for running AI models from OpenAI and other companies atop client data stored in Oracle databases. The effort would deepen Oracle’s product integration with OpenAI. In August, Oracle said it has brought OpenAI’s new GPT-5 AI model to its cloud applications. “Historically, we don’t deal with CEOs. Now we deal with CEOs,” Ellison said on a conference call with analysts. He also said he’s dealing directly with heads of state, “because AI is so important.” Oracle generated $3.3 billion in revenue from cloud infrastructure, up 55% from a year earlier. The growth rate was 52% in the fiscal fourth quarter. According to the statement, Oracle now sees $18 billion in cloud infrastructure revenue in the 2026 fiscal year. That would suggest 77% growth from the roughly $10 billion total in fiscal 2025. The company called for the annual sum to reach $32 billion, $73 billion, $114 billion and $144 billion over the subsequent four years. Kirk Materne, an Evercore analyst with the equivalent of a buy rating on Oracle stock, said in a note to clients that he had anticipated $108 billion in fiscal 2029 cloud infrastructure revenue. In July, Microsoft said it produced $75 billion in revenue from its Azure cloud infrastructure over the past 12 months. Amazon’s cloud revenue during the same period approached $112 billion. For the fiscal second quarter, Oracle called for $1.61 to $1.65 in adjusted earnings per share, with 14% to 16% revenue growth. Analysts were looking for $1.62 in earnings per share on $16.21 billion in revenue, which implies 15% growth. Capital expenditures for the new fiscal year will be around $35 billion, representing 65% growth, Catz said on the earnings call. Microsoft and other cloud incumbents are accustomed to allocating more for property and equipment for their build-outs. “This is, in some ways, I don’t want to call it asset-light, like from the finance world, but it’s asset-pretty-light, and that is really an incentive for us,” Catz said. “I know some of our competitors, they like to own buildings. That’s not really our specialty.” MY COMMENT See above at the top of this post.
