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The crypto mania is continuing to offer a short window of opportunity for likely only a few more months as Bitcoin continues to trade near well above $50,000 which means virtually anyone with a decent GPU in their desktop PC can make easy money crypto mining in the background, and here s how my desktop PC is actually earning a net $6.50 per day crypto mining in the background, which within 3 weeks earned $136 net of UK electricity costs that resolves to $200 per month, more than enough to cover 5 years of Patreon fees at $3 per month ($180)!
AMD profiting from it s Zen 3 processors if not it s 6000 series GPU s due to lack of supply has meant that AMD s eye watering valuations have evaporated. Gone is Mid 2020 s EC of 317, gone is Novembers 137, AMD not stands on an EC of just 56! Which means AMD IS CHEAP! Thus gets a buy rating of 100%.
AMD is correcting which is good news given the fact that I consider the stock to be cheap in valuation terms. However with heavy support at $74, there is not much downside form the current price of $84. The current downtrend is pending reversal which could happen at any time. AMD s buying level remains at $78, though do take note that the Buy rating is 100%, so personally if I were looking to buy AMD stock then I would at least buy some at the current price with perhaps a limit order to buy more at $78.
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The crypto mania is continuing to offer a short window of opportunity for likely only a few more months as Bitcoin continues to trade near well above $50,000 which means virtually anyone with a decent GPU in their desktop PC can make easy money crypto mining in the background, and here s how my desktop PC is actually earning a net $6.50 per day crypto mining in the background, which within 3 weeks earned
Google stock has just rocketed higher after under performing it s brethren, and coming from it s last great buying opportunity low during September that saw Google trade down to $1400. This illustrates the primary point that we don t know precisely WHEN an individual stock will surge higher i.e. the AI stocks are not going to all move in lock step together. So it is pointless to ask questions such as why is Amazon soaring but Google is not, if a stock is good then eventually it will come good in terms of price performance and Google is literally PRIMARY which means that Google is likely to be the first mega-corp to be run by an AI in all but name. So the existence and scope of the AI s control and management needs will need to be inferred where one big clue will be inexplicable to most stock price movements that to me reveal the handiwork of post human intelligence - DEEP MIND!