$50 got me 750,000 Shiba Inu coins..
So long, suckers!
So long, suckers!
Stock Advice Thread
- Thread starter dgtatu01
- Start date
The earnings season has been crazy. Some crazy drops either before or after ER's with no rhyme or reason or correlation with result of earnings. I bought PYPL around $202 on the dip and still holdng, AFRM at $235 today and sold AH today, bought UPST at $247 and holding for now, bought FUBO at $25 and holding for now. I rode SOFI thru big drop today and back up AH. ... this is bad for your nerves.
RIVN is now worth more than F and GM after hours.Wow. Rivian might IPO at $120/share??! That's a hard pass for me.
Rivian Automotive is indicated to open with +$100B market cap (RIVN)
Rivian Automotive (RIVN) is indicated to open at $120 per share after the IPO was priced at $78 per share,. Read more on the Rivian IPO.seekingalpha.com
Not too late to buy or add to financials on a day the CPI number tanked nearly all growth stocks.
For those of you who are value investors, I was reading up on Lucid Motors and the discussion turned toward the development of solid-state batteries replacing lithium-ion batteries and how this newest battery technology will change this market positively for EVs. Anyway, a company called QuantumScape (QS) believes they have solved the solid state battery problems to improve recharge speed and battery life for these vehicles. This discussion apparently is still unsettled but the work and conversation continues. Viable solid-state batteries will be the game changer for the EV industry so I found it interesting. The chart on QS looks good and the options trade very well if there are any options traders in the crowd. The article I read if you might be interested is...here.
investorplace.com
Regards.
The Forever Battery That Promises to Change the EV Industry
With solid-state batteries, the name pretty much says it all: Take the liquid electrolyte solution in conventional batteries, compress it into a solid, and create a small, hyper-compact solid battery that – because it has zero wasted space – lasts far longer and charges far faster.
investorplace.com
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Reading up on Lucid Motors and the discussion turned toward the development of Solid State batteries and how the newest battery technology will change market positively for EVs. Anyway, a company called QuantumScape (QS) believes they have solved the solid state battery problems to improve recharge speed and battery life for these vehicles. The chart on QS looks interesting and the options trade very well. The article I read if you might be interested is...here.
Regards.The Forever Battery That Promises to Change the EV Industry
With solid-state batteries, the name pretty much says it all: Take the liquid electrolyte solution in conventional batteries, compress it into a solid, and create a small, hyper-compact solid battery that – because it has zero wasted space – lasts far longer and charges far faster.
I don't own QS, but I am up >80% on Lucid thus far. It's really taking off. I did sell off a little to lock in profits......then turned around and funneled it into ATVI which has taken a beating recently.
Congrats to the EV winners! My gains in ALB and F have more than offset my SPAC losses but I've only taken money off the table in the former. Letting the latter run.
I don't chase but QS is selling off hard like many others in the space and is perhaps providing an entry point.
My brokerage account deserves the beating it's taking today after one hell of run the past month.
Been adding to DIS and CSCO on the way down in the IRA's lately.
I don't chase but QS is selling off hard like many others in the space and is perhaps providing an entry point.
My brokerage account deserves the beating it's taking today after one hell of run the past month.
Been adding to DIS and CSCO on the way down in the IRA's lately.
I like the LCID chart and have been watching the options but they're way over priced right now. They missed badly on their recent earnings announcement so watching for them to even out a bit for better pricing. The chart does look like there could be an impending correction after the move up. We'll see. It's a bull until it's a bear...as they say. QS, right now, looks like a better buy opportunity but I'll have to wait to see how it lines up. As they say...it's a bear until it's a bull.
I am as guilty as anyone chasing some of these pre-revenue stocks. I suppose if the market is going to value it, might as well take advantage of it. That said, this is largely FOMO driven ... which means it's a stressful thing to keep watch of. You lose as quick or quicker than you gain at times. Where possible, probably best to take the profit and move on to the next thing.
Interesting days in the market lately, anyone pick up anything good, or still wait and see for further declines? I mainly focus on dividend paying stocks and have been waiting on QYLD to drop. I picked up a chunk today. It's not alot of growth, but pays monthly and a very high yield.
It's a difficult market to invest in ... you feel like you are on the defense the whole time, and that's still not working.
One risky one to consider is UVXY, which is in some respects the antithesis of SPY. UVXY theoretically goes up when SPY goes down. However, it's not something you would want to trade and hold buy rather as day trader kind of stock ... it's a hedge type of investment, have to be really careful with this one. It was good today, and good of recent, but obviously in general it's not going to be up since the market generally goes up.
https://optionstradingiq.com/what-is-uvxy-and-how-does-it-work/
One risky one to consider is UVXY, which is in some respects the antithesis of SPY. UVXY theoretically goes up when SPY goes down. However, it's not something you would want to trade and hold buy rather as day trader kind of stock ... it's a hedge type of investment, have to be really careful with this one. It was good today, and good of recent, but obviously in general it's not going to be up since the market generally goes up.
https://optionstradingiq.com/what-is-uvxy-and-how-does-it-work/
One of those time frames where I accept my punishment. Make moves and you still screw up, had OMCL, sold all but 10 shares this week, goes up 30% after hours today because OMCL bought another company (of course, backwards to what usually happens after a purchase)…groan.
Yeah SARK works in a similar fashion with ARKK. Not something you want to be in longer term. Sometimes meaning less than a week. I would not buy it Monday. Last Friday was that day perhaps but whose to say how long the selloff lasts?
Been looking for buys though yet I've only added to VT, JEPI and started small in a new position with TWLO. Software and things like CRM should be turning at some point one would think.
I was early in PYPL and DIS but hanging tight with buys planned on much wider spreads next time.
Currently on December hiatus. Sold Invesco High Yield fund for the tax loss after 28 years invested therein. Yield fell to around 4%. I can get better returns with tax-free ETFs. No joke. Plan on reinvesting after the 30-day waiting period to avoid an IRS audit. Sold UVE and RKT at losses, again taxable non-IRA.
Looking at more ORI, EFC and EARN to replace on the income side. Exploring other options as well.
Looking at more ORI, EFC and EARN to replace on the income side. Exploring other options as well.
Investing has been challenging the last month …and likely moving forward for a bit. Assuming there is rotation in January to value … trying to figure out where that money goes and follow that … although, some of the best “value“ is arguably in a lot of these small and mid-caps that have been hammered the last few months.
Five EV picks and a decent overview of the EV market in general.
www.investors.com
These Are The 5 Best EV Stocks To Buy And Watch Now
EV stocks have multiplied in Tesla's wake and as electric cars look to go mainstream.
www.investors.com
Just booked another MO dividend check. Best performing stock in the stock market of all time other than BRK.B
Buying a few cyclicals lately, maybe unwisely restless, a few ag and steel related stocks, a big freight Co and big home builder.
It's a "Dividend King", defined by raising the dividend payout for 50 years straight or longer. It's currently $ 3.60 per share, last year it was $ 3.44. They intentionally pay out 80% of earnings to shareholders in order to keep lawyers from going after any cash they would have had lying around.
I like them because they don't have a bunch of yearly CAP-ex like Telecom, etc. They don't have to spend a ton of money each year to try and keep up with their competitors, meaning the dividend is rock-solid. Marlboro doesn't need to be changed. They are raising the dividend each year right now, even know the smoking industry is declining, via buybacks and price-increases. That's how their EPS increases every year even though smoking rates are declining. They are still a LONG way away from not being able to do either of those things.
I only buy dividend payers. I'm a dividend investor and compounding dividends is the best way to play the market if you want to do well over time, IMO. Right now, MO and XOM are my favorites because the dividend is great and they are undervalued as far as share price, so I feel really good about getting my initial investment back if I decide to sell later with all those years of dividends received being profit. Many like BTI, but I vowed to never buy any overseas stock again after being burned by Shell.
ATKR, STLD-steel related, LEN-home building, FMC and CTVA in ag, GXO and SAIA in logistics, trucking.
No, but I’m now going to take a close look! My nephew works in the Ag industry, likes FMC ok, but thinks bean planters particularly are switching toward CTVA.
I got CTVA in the DOW spinoff but quickly sold and lost track to my detriment. Thanks for reminding me.
The only thing about MGPI is it's been boom or bust historically and the chart is quickly approaching a double-top. The spirits business is a major source for rye whiskey sold under various labels. They operate a distillery fairly local to me in Lawrenceburg, IN.
I may have mentioned it in the past and once again, lost track in the cheap money period of Fed policy 2020-21. Now that earnings, cash flow and assets matter again a lot of these type names will get a second look.
Took a look, believe I would prefer some shares around $80, just a good, solid holding.
Okay, 30+ days up.
Went long on LDI (P/E 0.31 - yes, you read that correctly), NMCI and purchased more ORI.
Looking at T again and CAG. Also considering small stakes in NLY and NYCB.
How about y'all?
Went long on LDI (P/E 0.31 - yes, you read that correctly), NMCI and purchased more ORI.
Looking at T again and CAG. Also considering small stakes in NLY and NYCB.
How about y'all?
Sold more ALB, PM, FITE, FCX (too early). Exited LEV, INSG last month.
Bought more DIS, SPSM and sitting tight for lower prices.
Bought more DIS, SPSM and sitting tight for lower prices.
Fellows, I caved in and shifted mostly to Cash, oil and gas, and ocean freight, ESEA. I’ve held shares in a few positions mentioned previously, try in 2022 to get a better feel by the usual early March run up. No good with any financials or techs I’ve tried, nor my hot truckers/logistics in 2021.
Been sitting on on my swing trade cash since the end of September. My long term investments are in a different account.
Started buying the first week of January. A number of stocks that I track appear to be bottoming out after significant drops in Q4. Today was my sixth green day in January, but my first significant green day. Slightly red for the month.
BBIG MDIA and GROM were my leaders today.
Hoping for a repeat of 2021 Q1.
Started buying the first week of January. A number of stocks that I track appear to be bottoming out after significant drops in Q4. Today was my sixth green day in January, but my first significant green day. Slightly red for the month.
BBIG MDIA and GROM were my leaders today.
Hoping for a repeat of 2021 Q1.
Microsoft is buying Activision. I wonder what will happen to each as I own both.
ATVI deal with Microsoft is for $95/share if approved. The stock is currently sitting at just over $82/share after hitting $93 in pre-market today. Assuming the deal goes then, it’s on sale to buy currently. The risk is whether the deal gets finalized.
Just went back into VIAC and also purchased NWSA. Still looking for bargains while maintaining a decent cash cushion.
CMCSA should also do well until after the midterms and Covid winter for the theme parks.
