ASML - Relative Expensive but can still go up further.ASMA Price to Sales to Ratio during Dot Com Bubble was 15. The current Price to Sales is 10. So, the stock fundamentally need to go up another 50% before reaching Dot Com bubble level.
However, that does not incorporate the facts the growth in revenue and profitability.
The market is telling us that it is business as usual. With more money being printed, more money will flow into equities.
The majority of people will remain poor because they don't have any strategy or plan to ride this wave up. It's all about being emotional and blaming the 1% for every misery they have in life (even though they have the options to open brokerage accounts and buy stocks, unlike majority of people in the world that is unbanked and don't have access to capital)
Stop playing the blame game. Make money from capitalism and do what the fuck you want to do in life.
SOX
AMD is still in raging bull and a parabolaAMD is an example of how market works and how the smart money works.
AMD is an example of how small bets can turn into big without taking any leverage or margin.
I personally don't know anyone who invested in AMD sub 3 dollars but they are plenty of then, hopefully they have not sold it yet.
AMD is an example of a company at the right time, in the right industry at the right point of time. Semiconductor is hot. Industrial 4.0, Deep learning, graphic cards, and AMD is just RIDING THE TREND altogether.
AMD is NOT the only stocks that did well. Globally, semis and tech have been doing very well.
Even in third world country like Malaysia, you have stocks that did 10-20x for the past few years benefiting from this major trend. Heck, AMD is a big company and still did 20x for the past 4 years.
The big gains will keep coming.
Learn programming and coding, scrape all the historical data from various data providers, do A.I and machine learning on these data, you will see the SAME PATTERN over and over again.
Parabola always happen and always act the same way. It is hard to know when the music stops, but ride it while the music keeps playing.
IR 4.0 is coming and we have not yet seen the impact from this industrial revolution, MOST people will come into the party late.
And most people will invest at the PEAK of this major global trend. Be the smart one, not the dumb one.
Remains bullish on AMD until 80-100 USD per share, then I may consider getting out my positions.
Regards.
Semiconductor and Industrial 4.0Most people don't understand don't get it when it comes to market.
Because they think that by just looking at charts, that is more than enough to beat the market.
Remember, market are moved by whales and smart money.
Whales and smart money have COMPREHENSIVE PLAN on the market.
They are not obsessed or focused on SHORT TERM and INTRADAY moves. That's why seconds chart on trading view is a joke.
Whales and Smart Money knows about the presence of Industrial Revolution 4.0
If you are not aware, these books should already be on your reading list:
www.amazon.com
www.amazon.com
Remember, Schawb wrote this book in 2016 and then the next one in 2018, if you read the book in 2016 and you know that blockchain will be the next big thing, you are already know that Bitcoin and Crypto will be huge back then.
Also, most semiconductor stocks gave massive gain in 2017, all due to I.R 4.0
Here are the list of 4.0 theme:
1. Blockchain and Distributed Ledger Technologies
2. The Internet of Things
3. Artificial Intelligence and Robotics
4. Advanced Materials
5. Additive Manufacturing and Multidimensional Printing
6. Biotechnologies
7 Neurotechnologies
8 Virtual and Augmented Realities
9. Energy Capture, Storage and Transmission
10. Geoengineering
11. Space Technologies
Semiconductors play roles in blockchain, iot, ai, robotics and manufacturing. So, considering all of these multiple catalyst, shouldn't the semis go higher?
Anyone who just bought the dip from 2013 has been making a lot of money while those people who try to long and short and time the market are net loser.
This trend will continue until we reach peak expectations and when they are euphoria amongst the retailers and businesses, then that's the peak.
As long as everyone keeps calling for market to crash, then, market will grind higher in a wall of worry.
That's how market works. Deal with it.
Industrial 4.0 will overcome all the economic issues and economic policies. The catalyst is big enough that it will keep climbing and grinding higher.