Been a supporter for a while. Keep up the good work.
The play is $ORCL. Massively beaten down and an exceptional opportunity to buy and giant at a discount. I think people undersell how many ways $ORCL is actually involved in your life. I bet you there is SOMETHING at your day job that runs on an $ORCL platform.
EPS up 17% YOY, up 91% last quarter
Net Income up almost 19%, up 95% last quarter
Down 50% from highs
Fwd P/E of 22
The two items most inversely correlated with risk assets continue to surge – silver breaking above $100/oz today and gold on the precipice of testing $5,000/oz. That this is happening with the major averages hovering near their all-time highs may well go down as the most bizarre circumstance in modern history. The precious metals complex and the stock market cannot both be right and something is going to have to give at some point. Make your choice.