First purchase in the last 40 days.
Added $AVGO at 346$, almost a full position now, like it hardware and software parts with basically no Capex involved.
I watched Warsh's Jackson Hole speech and read dozens of articles post-meeting to reconfirm my takeaway:
Looks like a rate hike feels guaranteed with Warsh sticking to the 2% target and yields up. AI productivity gains are long-term, not an immediate offset. IMO.
Expecting a
After the strong $NVDA earnings people wonder on the stock development - there a a few small clouds on the horizon:
1. $NVDA management guided gross margin to continue declining to c. 74% in Q3 to the range 71%-72% in Q4.
Q2 reported 75%. Reasoning high memory prices.
2. FCF
I like this simple AI economics math from @PeterBerezinBCA explaining how huge future hyperslaers revenues should be to justify the railway 😂, sorry, AI centers build out.
A lot of people wondering why $NVDA share prices do not go up post-earnings. Probably that is a partial
Yesterday I started trimming my Cybersecurity portfolio which gained almost 80% in the last 4-5 months.
It went too far up and technical analysis supports that.
Stocks are being traded above thier 1Y median analysts targets:
- I trimmed 50% of my $PANW position
- I watching if
