Johnnie Tidwell
10.8K posts

Johnnie Tidwell
@sbjohnnie
Skilled in many disciplines but basically just a good guy...
USA Katılım Haziran 2009
634 Takip Edilen320 Takipçiler

@sbjohnnie lol. I'll give a little credit to great US companies as well. :)
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@TweetLeni This is the third day, so I’m expecting another spike up tomorrow. 😉
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@MbarkCherguia They wouldn’t like me next move; hopefully they kissed their mom goodbye,
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@TweetLeni I’m still working on 2024, but I hope to get 24 & 25 done in a couple days — hopefully.
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So I'd like to share something I've been thinking about and today seems a good day to do it since the Dow is up and SP is down. It's such an interesting split.The Dow is price-weighted—I get it—but set that aside for a second. Historically, the Dow was dominated by industrials. Around 2015, there was a major shift where tech overtook industrials in both weight and influence. A lot of you probably remember when $AAPL was added to the Dow. Apple was the topic of the day, everyday. It got so extreme that @cnbc jokingly called it “the stock that shall not be mentioned” because it was all anyone talked about. Now here’s the part I find interesting. AI could start to rebalance things. Yes, AI is driven by tech but it also fuels industrialization. Think reshoring, infrastructure, robotics, autos. In other words, tech doesn’t just lead the AI boom it fuels industrials.
When I look at stock prices, that’s where I see the opportunity:
Tech feels largely priced in, at least at this stage.
Industrials still look cheap. And AI cannot happen without them.
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