On Intel I think the "everything is going mobile" is PR for investors, the PC market doesn't have any foreseeable growth potential atm.
edit
Here's a link to read about it. https://mises.org/library/unseen-consequences-zero-interest-...
As a general FYI to those reading -- please fact check before commenting.
The Federal Reserve's quantitative easing program ended on Oct 29th, 2014 (538 days ago!) It is difficult to assert that a program which ended over 500 days ago is permanent.
Additionally, one may be willing to assert that "ZIRP is permanent regime now" too, to tack onto the culture that central banking has entered a new era.
For anyone who did not see that news, ZIRP (zero interest rate policy) ended on Dec 15, 2015 with a rise, and is currently believed to rise again at the next meeting.
http://b-i.forbesimg.com/jessecolombo/files/2014/01/united-s...
http://moneymorning.com/wp-content/blogs.dir/1/files/2015/09...
http://www.naic.org/images/capital_markets_archive/2013/1305...
whether they do a token 0.5% hike (they probably won't), it's obvious that something very basic has changed, and quite likely irreversibly.
They also don't support your hypothesis that something has changed irreversibly.
Raising the interest rate more than 0.5% would have likely had a negative impact. It's very likely the Fed will raise it again later this year.
Please explain the problem here. You're acting like there's some big deception imposed on the public due to companies choosing to return capital to shareholders via one specific mechanism. As if somehow they're buying back stock and "fooling" people into thinking they're making more money or something, and stock prices are irrationally rising. The buybacks, earnings, financials are all open for everyone to read. It's evident by some of your commentary that you can't be bothered.
If you don't agree with the price that other people are willing to sell for shares in this market, you are more than welcome to take the other side of that trade and sell into every buyer on the planet. I'm sure you're not doing that.
Nor is it remotely the only way to assume a bearish position.
>Stock buybacks can be deceptive if a company buys back stocks with debt and doesn't have proper cashflow to pay it off.
You can't tell the cash flow and debt levels from the financial reporting? You don't account for this in your valuation? Where is the deception? Report it to the SEC.
>Non-technical investors see the stock going up and keep piling more cash in.
An equivalent number of people are "pulling cash out". A stock trade is just that: a trade. Again, what makes you a better judge of the "correct" price than those actually making the deal?
>If you think markets are perfect, you have a lot to learn my friend
Not sure where that comes from, but you're right, I do have more to learn. That said, it looks like I'm a few levels up on you (and far less confident in my ability to predict anything).