Not to drag us too far off topic, but how do the batteries hold up in the winter there?

Any stock or ETF suggestions for nickel, lithium, cobalt mining?

I looked into solar panels for my home and all the companies I talked to seemed real shady. It was like talking to used car salesmen. Noone would give a straight answer on total costs. I would like to invest in green energy companies as it is the future of energy, but I don’t trust them.

On another note, I am meeting with a tdameritrade broker tomorrow. I was thinking of putting $50k into a managed account and $5k into a self managed account to basically gamble. I already have $2000 gambled in crypto which is down $500 currently.

hehe.

Be careful with the fees for the managed account. 50k is probably on the smaller side for what a managed account makes sense.

Same. I live on salt water so nobody services them in this environment. Plus, hurricane season. When we reroofed the house I played around with the Tesla tiles and it was going to be 110k with no warranty. Hard pass.

With $50k you are probably better of with something like Wealthfront at only 0.25% fee

Anything good cooking for today?

I think today may be the day CCIV crosses $30 again. Short term it's been very bullish up over 30% on the month. Looking for a bull run up to the merger/ticker change vote on or about 23 July. Still slowly divesting (slowly...) but back in the green! Been a wild ride from $23 to 60$ to $17 to $29 this year.

I'm also bullish on CCIV!

Oil over $76 a barrel today

Energy is ripping. Makes me very happy

More to come.

Apple Oct calls looking good. Rally keeps going into earnings

10 yr slipping again and Vix is 15.71. Good for equities and growth

SWBI rocketing over the last few days. I'm up 70% on it so far this month.

Global X but it's already doubled since last year. Commodities are rough, I wouldn't jump into it now, lumber just went down another 30%...so the commodity play is giving back some gains.

The numbers don't box on solar panels for me in Las Vegas. My $300 electric bill is cheaper than buying or leasing them. The electric utilities have solar farms here. MGM Resorts has a private solar farm that provides a majority of their power.

Hey horse, see that water over there? Go take a drink. Lol

So did your PINS go up after they banned chubby ads?

https://www.marketwatch.com/investing/stock/pins?mod=over_search

Did I miss something with Apple? Seems to be on a tear in the recent weeks.

That Wish went down to that 11 dollar target I mentioned pretty quickly. Most meme stocks are in falling knife territory though. Though they tend to do this every so often. I'll hold off for some signs of a reversal.

Oil is still where most of my money is. Some tech is looking interesting like apple and amd.

Just running up into earnings.

It is a safety stock. People often put money in it when they don't feel comfortable with other options.
Right now I personally have not been excited about investing new money in more aggressive stocks. I am holding what I have but have a good part in cash. Even most blue chip dividend stocks are historically high.

You missed me saying buy it a few weeks ago.

Then again, I always say buy on dips. After lagging the 1st half Apple and Amazon have a great 2nd half set up with interest rates dropping and the VIX below 15

Up 55% on Oct calls. Channeling the Najerians on this one.

Oh man. That CEO. He’s going for a gold medal in the “woke olympics”. Lol

Yo Ice what's your criteria for a dip? Down 3-5%? Down 5%+?

On Apple? July should be volatile as it usually is. I’d back up the truck at $125, just like last time it hit $110. And buy again at $130 ish although I’m adding new money to it now for the long term accounts

Oh no I didn't. I have thousands of shares. I'm just not used to seeing growth like this...consistently .

Thanks. I bought at $114 during the dip. I'm glad I did too.

I didn’t do Oct calls but did some August $140 calls when it was down yesterday morning. Been leaning to the old guard and adding to FB MSFT AAPL and just QQQ more lately. Thanks for the updates! Enjoy your 4th!

Oh And my Dad has almost 10,000 AAPL shares and didn’t buy them yesterday. He bought chunks at $8 and $12 before the 7-1 and 4-1 splits 10 years or so ago and held. Only regret he has, which is not really a regret, is not reinvesting dividends along the way.

Like you say “never sell AAPL”.

It will be interesting to see what happens with PINS in the near future. I'm considering selling it while I'm up. It isn't that I expect the ad ban is going to make much difference in the short term, but the saying 'go woke go broke' is very real. They've now set a precedent that in the short term sounds great, but it opens them up to MANY other complaints and pushes to remove other types of ads etc. As a person who basically ad blocks everything - I don't care what reasons you give me that they are essential - what ads are displayed on any given site does not matter to me personally, but millions of others will care and these days people love to be offended by everything.

Yep, earnings announcement July 29th, people anticipating good news. I bought AAPL about 2 weeks ago hoping this would happen.

Congrats! You know this is what Apple does after a period of consolidation AND the drop in rates has helped fuel some PE multiple expansion. Combine that with GREAT performance, Apple
Stores re-opening etc etc

It truly is a unicorn stock as Buffett likes to refer to it.

If only it was that easy. We'd all be billionaires.

So an update on this because..wtf.

So, literally minutes after I posted this, I noticed it was starting the normal afternoon selloff. By the end of the day, it had basically dropped to where it was at open (so it had went up 12.5% and dropped to maybe 2%). Today it dropped an additional 13%.

What is maddening about this is that in my mind with all the states deciding to forego licenses and background checks gun sales would go up.
Instead, apparently background checks are the 'basis' for determining demand and since they aren't doing that, for some reason the outlook is that sales will go down.

I understand the concept of 'scared of restricting so more people buy' mentality, which is what made me buy it months ago anyway, but you would think that the idea that now you don't have to jump through hoops to get one would also drive the sales up. To me there is nothing that makes the forecast any worse today, than yesterday.

And this is an example of why I hate the market.

For very good fundamental reasons Tram. There are plenty of analysts and naysayers that have been wrong for years and missed out on an awesome run.

They didn’t understand the basic shift to services and the power of the ecosystem and ability to drop multiple recurring revenue streams into it.

The only thing that can stop Apple is Apple. Millennials and GenZ eat it up solidifying it potentially for decades as long they continue to innovate and grow

It’s the no brainer Unicorn right in front of our faces.

Have a great 4 th everybody!

PE ratio is too high at the current levels (and even your desired price of $110). It's a consumer goods company that has already sold to the entire world. Or are you a big believer in the future sales of the "Apple Car" they are currently pursuing?

Do you think the current/future connected world only only consists of phones, watches, earpods, and cars? I disagree with that notion, and can think of a dozen products they could develop without diving too far into the "scifi" realm. I agree their growth may not be as rapid as the last 20 years (1:112 split in that time wow!!!!). Apple is also a "sticky" brand with an obsessive following. To me it's a great investment with moderate growth opportunities.

I’m overweight apple, if it hits $110 a share I’ll buy a lot more Apple!!

See what I mean. No offense but it’s NOT just a consumer goods company.

The fact that they have an installed user base of over 1.5 billion people that they can drop recurring revenue streams into is massive. “Services”

Not to mention health care, autos, AR and whatever else is in the pipeline we don’t yet know about.

They possess the most valuable human capital in the world

That’s the mistake analysts made the past several years that were wrong. Now they get it.

No offence but this is magical thinking. If you honestly are trying to suggest that one company is so transcendent that it overcomes mere categorization or comparisons to peer price to earnings ratios then I feel sorry for you.

Apple, Microsoft, Google, Amazon

What is your point again? We are presumably talking about future stock prices and not listing companies that have done well in the past.

Add Facebook and a few others. Microsoft hit all time highs today. Microsoft, FB, and Google have been running hot, next Amazon and Apple. Apple is already gearing up. Historically July is tough and if anyone can nab some good names at a discount, take advantage.

Facebook hit an all time high today? Interesting- i didn't know it was even close to that!

Microsoft

Invest in what you want to invest in. Winning names keep winning.

Apple has streaming service with 40 million subscribers (Netflix 2013 had 40 million). It’s very possible for Apple to grow its subscribers over the years it’s only been streaming for 20 months.

Apple charges subscription for extra cloud storage which I pay every month. It’s not a lot of money but I suspect over hundreds of million subscribers they do make a lot on this.

Apple is getting into the lucrative payment market.
Quote:
Apple Pay accounts for about 5% of global card transactions and is on pace to handle 1-in-10 such payments by 2025, according to recent trend data compiled by Bernstein, a research firm.

Apple makes billions of dollars from Google just to have Google as default search engine. I believe $12B a year. For comparison Home Depot had $12B profit last year.

If someone thinks Apple is just a hardware company that’s like saying Amazon is just a retail company.