The new love of my life just arrived in Tempe 12 minutes ago, after traveling from one Chinese city to another, then to Japan, then to Indianapolis, and back to Phoenix.
She’s modest, just enough for my needs, and super-pretty, especially when back-lit. I’ll be playing in bed a lot more going forward. I’ll be playing WoW only since I’m dealing with cheap Intel integrated graphics on my first-ever laptop.
I want to unlock Lady Liadrin for Hearthstone. So, level a character to 20. I also like some of the Legion class changes, like Rift-style world events and open-tapping. I’m actually kind of psyched for a WoW expansion for the first time since BC. I just need a character to play it with.
My main reason for the new laptop is web programming for my game project, at the library and on the road. Analysts say the PC market is bouncing back in the second half of this year after a long decline, which is good news for PC gamers.
Everywhere I go, I see people playing Pokemon Go. Runkle wrote an excellent personal account today of the Pokemon Go experience.
CNBC analysts have been discussing the Pokemon Go phenomenon virtually all day every day this week. They are yammering about it right now, in fact. John Riccitiello, CEO of Unity and former EA CEO was interviewed on CNBC early this morning.
Riccitello says to expect an ocean of Pokemon Go-like games, although “follow-on” games in situations like this rarely do as well, and he’s sure Nintendo will be developing this for years to come.
As of today, Pokemon Go is the most popular mobile game ever in the U.S.
I’ve said only Blizzard both understands and implements great characters, but Nintendo has clearly accomplished this feat.
Instead of streaming Hearthstone last night, pro streamer Reynad was discussing Pokemon Go characters. Blizzard’s Hearthstone characters have died into plain cards lately, flattened with familiarity, and no longer seem so alive.
Appropriately, investors are taking profits in Blizzard this week, in tandem with glaring bugs in the most recent Hearthstone patch.
Robbers in the U.S. are also taking profits from Pokemon Go players, who are showing up in remote locations with little defensive capability in their pajama pockets.
Weekly Stocks Commentary
Stocks are breaking out now, and after 18 months, I was finally there at the right time with my finger on the trigger. I’m up 3% in Tencent (TCEHY) and 6% in Kinder Morgan (KMI) after only one week, which were my blog picks in the last two weeks on technical breakouts.
Blizzard and NVidia are breaking out to new highs. The Dow and S&P are breaking out. China (MCHI) is breaking out. Dow Transports and the Russell 2000 are also looking pretty good as classic confirmations, with CSX (railroad) reporting strong results yesterday.
There is a massive shortage of available equity in the U.S. and a massive amount of cash. Interest rates are near zero. Bond yields are low. Gold and silver have had a huge spike, and they are looking much more toppy than stocks. It looks to this kitty like supply and demand are a wind in the sails for stocks right now.
Currencies, oil, Europe financials, and world politics remain big risks. There are far too many factors to even start discussing. It’s amusing to see market nerds in interviews and on Twitter yelling certain doom and protesting because they are in bonds and precious metals, and the market turned against them.
Microsoft (MSFT) has been extremely strong this week after notching deals with Facebook and General Electric. This is a very sharp up-move, outperforming the broad market. I’m holding Google, which is out of favor right now. I have $MSFT in VOO, my one ETF holding.
Everyone is talking about Pokemon Go‘s positivity for Google (maps and supporting tech) and Nintendo, but no one is talking about Microsoft’s focus on AR from the very beginning, with its Hololens. A smashing public success of AR in Pokemon Go probably augurs well for Microsoft’s vision.
Pokemon Go can also be a boost for wireless providers like Verizon due to insane data usage.
I’d like to say I’m done playing the investment game for a while, but I have a feeling Blizzard, NVidia, or both could get slammed on any earnings disappointment on 8/2 and 8/4, so we’ll just have to see. They are only large holdings because they are large winners.