🚀 This week will be very exciting in the markets!
The whole week will be accompanied by an unpleasant situation on the Middle Eastnamely the attack Iran on Israel and the possibility of further conflict. The White House wants to calm the situation to avoid escalation. This conflict could significantly affect the price of oil.
However, let us look at the key events that will bring...
Read more
Today's stock market developments!📈
US stocks gained today. The S&P 500 index is heading for another all-time high, with upbeat results from technology companies, including Netflix, supporting hopes for continued record growth. Microsoft is setting new all-time highs too!
In the course of trading, the added Index S&P 500 0,7 % to build on Tuesday's new closing high. The Dow Jones...
Read more
Have a nice morning,
I've been thinking about big companies lately. There's no doubt they are expensive, but I'm kind of wondering after the way they're climbing up even in January if $MSFT $AAPL $META or even $ASML will ever go down significantly in the next few years or just march further up. What do you think? Is this just a bubble or not?
And just with these companies and in this situation, I don't think it's a bubble. ASML may have jumped quite a bit after the results, but FY24 is not supposed to be the best year for this company and the company and analysts are expecting a decline or stagnation. I believe the stock will fall this year and I will be very happy to overbought. The following year 25 is supposed to be a breakout year for ASML in a good way. Google is not at its worst price either. I definitely wouldn't buy, but I would overbought around $120 already. I'd say Google is the cheapest of the top tech stocks.
Today's developments in the stock market are fascinating: U.S. stocks are rising again and technology companies are back in the lead! 🖥️⚙️
Right at the opening bell, U.S. stocks started rising, leading S&P 500 index to another record. Investors are expressing optimism about economic developments and are expecting interesting results that could indicate the rise of technology...
Read more
I somehow can't stop rolling my eyes that it's still going up and I wonder if it will still continue after this week;)
Investors, is there a stock you've liked this year that you've bought often and has become your favorite?
I have become very fond of $ASML, $CVS and $O this year. I see potential in all three companies and think there is quite a bit of room for growth in the stock. I've bought the aforementioned stocks quite frequently this year and they already make up a large part of my...
Read more
A few years back I had a little something there, but I sold it for a loss because it looked like a value trap. Canon didn't make much money on photo equipment, the lithographic equipment was a step behind ASML and could only compete with Nikon. Most of their income comes from printers and that may be a declining business over time (I see it mentioned in almost every HPQ analysis).
What I understand so far is that their machine is based on a completely different principle than the EUV from ASMl and the process is more time consuming, so the efficiency/costs are not fully ideal and especially it is not yet proven in series production. If it turns out that it really can do 4nm technology in sufficient quality and price, it may change the balance of power in ASML's monopoly position, but I think we are still far from that.
Anyway, I think that even if the lithography does take off, it won't be an advantage for them over ASML in terms of being able to supply China with the technology to make advanced semiconductors. They will get the same restrictions from the US as anyone else.
Investors, which company's results surprised you the most this week? Did you buy or sell shares of any companies before or after the results?
I was pleased with the results of $BAC and a little surprised by the results of $ASML. I was still buying $BAC on Monday before the results and buying $ASML on Wednesday after the results at a discount.
Shares of $ASML are up more than 10% this year, but the share price is still a great buy for me. Yesterday ASML reported its results, which I view quite positively, but the stock was down about 5% after the results and I did a little overbought.
Do you have $ASML stock in your portfolio and are you overbought at the current price?
You may have caught that Canon is launching an alternative product that is capable of producing 5nm cycles. It's nicely done here, so someone might be interested in https://youtu.be/8UdNB3ZY4Ks?feature=shared
As always a great summary! i'm curious to see the results.