9/13/24 :: VROCKSTAR :: 
ADBE
Small swing here at $530
- quick comment here
- still a co that has >3.5% cash yields likely to grow double digits
- defn an at risk to AI situation (as are all software- frankly)
- but the beat and only small revision to guide doesn't show me any material deficiencies
- not the cheapest name at over 30x PE (still higher than META and GOOGL which i think have probably better protection to lead on the AI disruption front)
- so i'm keeping it small for now, not wed to it
- mkt wants to be bid into next week's highly telegraphed rates cut - not going to opine on this but to say - i have my positions (
GDLC, 
BITW are core, 
NXT and 
CELH are large, and a pile of cash with some swings and well hedged lol hello salad bot 
SG again).
- so what we are seeing today is typical degross, reset. the fact it's not down 20% tells me there's lower risk it takes days to sort out.
- let's see. if i owned it, id not touch it
- if you don't need to own it, not a risk to waiting
- i'm just playing a lil bingo on a friday given my light exposure in the book, generally
have a good weekend everyone
V
ADBESmall swing here at $530
- quick comment here
- still a co that has >3.5% cash yields likely to grow double digits
- defn an at risk to AI situation (as are all software- frankly)
- but the beat and only small revision to guide doesn't show me any material deficiencies
- not the cheapest name at over 30x PE (still higher than META and GOOGL which i think have probably better protection to lead on the AI disruption front)
- so i'm keeping it small for now, not wed to it
- mkt wants to be bid into next week's highly telegraphed rates cut - not going to opine on this but to say - i have my positions (
GDLC, BITW are core, NXT and CELH are large, and a pile of cash with some swings and well hedged lol hello salad bot SG again).- so what we are seeing today is typical degross, reset. the fact it's not down 20% tells me there's lower risk it takes days to sort out.
- let's see. if i owned it, id not touch it
- if you don't need to own it, not a risk to waiting
- i'm just playing a lil bingo on a friday given my light exposure in the book, generally
have a good weekend everyone
V
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.