Investing

[Deleterious]

1 hour ago, Screwball said:

Chart porn from the beginning of the year. INTC went vertical in March it looks like. Have no clue why.

 There is a HUGE gap that will eventually fill. Giddy up!

Not the only reason, but data centers are starting to use more and more CPU's.  Intel does CPU's very well and their Xeon server CPU are in big demand.

The CHIPS act helped and encouraged domestic companies like Apple, Tesla, and Google to do business with Intel.  

Their CEO has reportedly implemented some nice cost-cutting measures.  

 

[Deleterious]

12 minutes ago, Screwball said:

Just for fun.

Youtube video. Trailer for a documentary made in 2009 about the floor traders in Chicago. Also how the computers replaced them. Our markets at one time traded in fractions. Chicago and NY had the big trading floors. Hand signals to buy and sell back in the day. Wild stuff.

Once the computers took over... Great book by Michael Lewis of Moneyball fame. Flashboys - link to AMZN.

Flashboys - AMZN

All about how the tech and computers found more advantages to skim money. Probably back when the movie Wall Street came out (87, looked it up) they were trading in fractions and on the floor using hand signals. Flashboys came out in 2014ish. He documents the incredible progress of the tech.

And that was a long time ago...

 

Robert Downy Jr. probably said it best.

 

[gehringer_2]

2 hours ago, Screwball said:

Chart porn from the beginning of the year. INTC went vertical in March it looks like. Have no clue why.

 There is a HUGE gap that will eventually fill. Giddy up!

wasn't it about then (March) when news about 3rd party bookings for 1.8nm chip fab started to show up? Also Del's observation that CPUs are suddenly back in vogue.

Edited 23 hours ago by gehringer_2

[Deleterious]

13 minutes ago, gehringer_2 said:

wasn't it about then (March) when news about 3rd party bookings for 1.8nm chip fab started to show up? Also Del's observation that CPUs are suddenly back in vogue.

Yeah.  The Tesla deal was early April.  Maybe smaller deals came first, but that was the big one.  

[Screwball]

12 hours ago, Deleterious said:

Not the only reason, but data centers are starting to use more and more CPU's.  Intel does CPU's very well and their Xeon server CPU are in big demand.

The CHIPS act helped and encouraged domestic companies like Apple, Tesla, and Google to do business with Intel.  

Their CEO has reportedly implemented some nice cost-cutting measures.  

 

Makes sense.

[Screwball]

12 hours ago, Deleterious said:

Robert Downy Jr. probably said it best.

 

In that documentary they talked about a rule that if you hit someone on the trading floor you were fined like 300 bucks. A guy knocked someone on their ass, threw 300 dollars on his chest and said when he gets up I'm going to hit him again. A wild breed for sure.

[Deleterious]

53 minutes ago, Screwball said:

In that documentary they talked about a rule that if you hit someone on the trading floor you were fined like 300 bucks. A guy knocked someone on their ass, threw 300 dollars on his chest and said when he gets up I'm going to hit him again. A wild breed for sure.

I would have owed money on payday back when I worked.  

[Screwball]

Here is the complete documentary minus the outtakes (which were great) Youtube (runtime 1:17 minutes);

Floored

Edited 10 hours ago by Screwball

[Deleterious]

 

[gehringer_2]

the top chart is the real one. Oil has come down a little though.

[Screwball]

NASDAQ - high at 9:49 then...as the heat map above shows;