CIO & Founder, Capital Wealth Planning at Capital Wealth Planning
Member since: Jun '23 · 99 Opinions
We have to continue to expect this volatility for 3 years, and at least into the summer. You can play this volatility by buying the dips and selling calls. Hold Apple. It won't skyrocket in the next few days. He's more worried about chatGPT's next generation building hardware that surpasses the iPhone.
He just trimmed. How often are you using Google search vs. chatGPT (85/15 for him). Ad dollars will decline within Google. He wanted to reduce his overweight in GOOGL and hang onto a little. Are lots of reasons to like GOOGL, still because of lots of other businesses, but search is their golden egg.
Daily active users is up 26% YOY. Excellent growth in users and AUM. Is up 29% this month, so careful chasing it.