(Topic ID: 175889)

Stock Market Traders?


By kpg

4 years ago

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There are 12714 posts in this topic. You are on page 94 of 255.
#4651 9 months ago
Quoted from iceman44:

Not as big as the one last Jan 2019 when it hit $145
Don't you love all those idiot analysts that don't get it and were wrong all the way up. That's what you get when you value businesses on old metrics and don't look to the future.
Where did Dan Niles go? Doubling down on his short position at $250 a few months ago.

The guy that shorted AAPL

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#4652 9 months ago

Looks like cruise lines are being taken out to the woodshed again thanks to Norwegian.

Fun speculative play, and I know it has worked out well for others, but I am too squeamish to play it.

https://www.cbsnews.com/amp/news/coronavirus-outbreak-norway-cruise-ship/

#4653 9 months ago

PINS, FSLY, SE, TTD, SHOP, AAPL, AMZN, MELI, ETSY, PYPL.....oh my

Probably need another quarter for the "in the ditch" to play out. That much closer to a vaccine. Although could be sooner if the momentum trade slows down. No sign of it yet. Tech is outperforming with blow out numbers, and the path of least resistance is up in the mid term.

Patience. Have to have it to look through the short term fear and panic to the vaccine and the ultimate destination. It's a tough thing to execute emotionally.

As always, "Don't fight the Fed". You heard the commentary last week. People like El-Erian know it, admit it, praise it and then "exit their tactical positions too early". Lol

Every Apple analyst other than Dan Ives and Gene Munster ought to be taken out to the woodshed and shot!

#4654 9 months ago

iceman44 I was looking at MAC a little and wonder what your overall idea is on it. Right now in the mid-$7’s it’s laying a .15 div. that was cut recently from .50, when it was trading about 3X it’s current value.

Long term I think malls are in danger, but if you get in now, and MAC goes back to around where it was your effective yield would be very appealing.

So are you in this long term to take the div, or are you in this shorter term to see it recover and then walk away?

This company has been around since the 60’s, so I’m sure they have had to change course a few times since then. Might have to do it again if malls do see a long term decline.

#4655 9 months ago
Quoted from desertT1:

iceman44 I was looking at MAC a little and wonder what your overall idea is on it. Right now in the mid-$7’s it’s laying a .15 div. that was cut recently from .50, when it was trading about 3X it’s current value.
Long term I think malls are in danger, but if you get in now, and MAC goes back to around where it was your effective yield would be very appealing.
So are you in this long term to take the div, or are you in this shorter term to see it recover and then walk away?
This company has been around since the 60’s, so I’m sure they have had to change course a few times since then. Might have to do it again if malls do see a long term decline.

I think I linked a great analysis on the long term viability and breakup value

I’ll try and find it

Mac is high destination spots with high end restaurants

I think they announce next week and let’s see what kind of clarity they provide on rent collects etc

#4656 9 months ago
Quoted from iceman44:

PINS, FSLY, SE, TTD, SHOP, AAPL, AMZN, MELI, ETSY, PYPL.....oh my
Probably need another quarter for the "in the ditch" to play out. That much closer to a vaccine. Although could be sooner if the momentum trade slows down. No sign of it yet. Tech is outperforming with blow out numbers, and the path of least resistance is up in the mid term.
Patience. Have to have it to look through the short term fear and panic to the vaccine and the ultimate destination. It's a tough thing to execute emotionally.

Yes Ice. I feel “certain/select” comeback stocks and REITs will benefit greatly down road. You can’t just buy any old Reit or Airline ETF, you need to buy the strongest and best companies to benefit. I am going to try to find some of those next, but would Definitely appreciate your choices as we hear more info about the Financials of these companies as the weeks roll on.

Thanks!

#4657 9 months ago

Took my 25% gain in COMM today and rolled it into RKT. Anybody else buy this today? It's a small position (1,500 shares), but one that I am just going to sit on. With the volume of mortgages they handle and where they are going, I see tremendous upside.

For those playing along at home I bought V and REGN today as well.

Got to stick and move...

#4658 9 months ago
Quoted from DBLM:

Took my 25% gain in COMM today and rolled it into RKT. Anybody else buy this today? It's a small position (1,500 shares), but one that I am just going to sit on. With the volume of mortgages they handle and where they are going, I see tremendous upside.
For those playing along at home I bought V and REGN today as well.
Got to stick and move...

How have you been? Yes Rkt was on my list but got sidetracked today. What time did they start selling it today? Bought SLV Tues and that has been giving me a good uptick.

#4659 9 months ago

Silver really making a move now watched a doco years ago that said it should go up to $100 an ounce someday. I was looking at silver and bitcoin i chose silver lol. Anyway i bought a heap and have been siting on it since. Do people think it could go that high?

#4660 9 months ago
Quoted from pinnyheadhead:

How have you been? Yes Rkt was on my list but got sidetracked today. What time did they start selling it today? Bought SLV Tues and that has been giving me a good uptick.

Doing well and trust you are as well. Don’t know what time it started as my guy took care of me but I got in at 18, so early in the cycle. I am viewing RKT as a fintech stock and think it has a good upside. Right now, rocket is the number one provider of mortgages and is branching out into other lending. I think one can easily get in at this time and be very happy in the future.

#4661 9 months ago
Quoted from noob-a-tron:

Silver really making a move now watched a doco years ago that said it should go up to $100 an ounce someday. I was looking at silver and bitcoin i chose silver lol. Anyway i bought a heap and have been siting on it since. Do people think it could go that high?

I think $100 silver is a pipe dream. Silver is common compared to other metals plus the biggest consumer of it is all but gone (the film industry - back when things were shot on film and not digital). In my opinion silver’s run will shrink away while gold will maintain it’s new levels.

#4662 9 months ago

It is very useful in medicine and non toxic and has many other uses. The film industry has been dead for a long time and its not mentioned in this report on silver.

https://www.bullionvault.com/gold-news/infographics/21-incredible-uses-for-silver

#4663 9 months ago

I think silver has a great future and wish I bought in a few months back when I was considering it. Unfortunately I was procrastinating on best way to get in.Still am etf, exploration, production, idk ?
Im also hot on trying to get into nickel at the moment as well. Perhaps another commodity with a bright future.
Finally I need some tech and medical stock to round out the portfolio but find everything way overvalued at the moment
Hard to know what and when to pounce.
I can see the shit may hit the fan by years end. Then a proven vaccine next year if we are lucky..
Sure is a whole new world out there, I guess most important is to be safe and stay healthy.
GLT all.

#4664 9 months ago

I was looking at platinum next, It seems to do well when the economy recovers and tanks when recession hits. Not sure what time to get involved in it though.

#4665 9 months ago
Quoted from noob-a-tron:

I was looking at platinum next, It seems to do well when the economy recovers and tanks when recession hits. Not sure what time to get involved in it though.

Now I like platinum. When you want to buy gold for $1000 a tory oz you buy platinum and swap to gold when the prices sync back up. Platinum is cheap and the auto industry knows it. They will likely retool and start using it in catalytic converters again because of it. Paldium is so over priced. The only down side to platinum is it is really only found in a few places on earth and they are kinda hot spots. Manufacturers don't Ike there supplies disrupted.

#4666 9 months ago
Quoted from DBLM:

Took my 25% gain in COMM today and rolled it into RKT. Anybody else buy this today? It's a small position (1,500 shares), but one that I am just going to sit on. With the volume of mortgages they handle and where they are going, I see tremendous upside.
For those playing along at home I bought V and REGN today as well.
Got to stick and move...

"Small position" is all relative to one's perspective

-1
#4667 9 months ago
Quoted from BMore-Pinball:

"Small position" is all relative to one's perspective

True enough. In the case of RKT, wish I bought more yesterday. Might buy more today. It is at 25 bucks pre market, and looks ready to explode. I think this is one to buy.

#4668 9 months ago

My son asked if he can use his bank account that we have put money into over the years. He wants to risk it now he is only 17. I said buy Platinum he wanted silver but i think more can be made from platinum now. He has 11k to invest in something any ideas would be appreciated.

#4669 9 months ago
Quoted from noob-a-tron:

He has 11k to invest in something any ideas would be appreciated.

Buy Stocks. 3 to 5 of them & let them ride out til he is 30. Not sexy but investing in companies like Apple over the next 10 years will be a winner. Research & find companies which will thrive and be dominate in the next 10 years. Apple, amazon, etc. Do not buy commodities. I have no clue what silver or platinum will be worth in 10 years but I know Apple will be worth more.

#4670 9 months ago
Quoted from DBLM:

True enough. In the case of RKT, wish I bought more yesterday. Might buy more today. It is at 25 bucks pre market, and looks ready to explode. I think this is one to buy.

Lets hope so, I just bought RKT.

#4671 9 months ago
Quoted from Pin-Pilot:

Lets hope so, I just bought RKT.

I was interested until I saw the market cap is already near 50 billion. I wanted to own it around 20 billion.

#4672 9 months ago
Quoted from loneacer:

I was interested until I saw the market cap is already near 50 billion. I wanted to own it around 20 billion.

In this market I am not sure how anything is justified. AAPL goes up no matter what as do many other stocks. One week it is this, the next week it is the opposite. It feels more like gambling at present. Pick a target and shoot.

#4673 9 months ago

Duplicate

#4674 9 months ago
Quoted from Pin-Pilot:

Lets hope so, I just bought RKT.

I dig it! I look at how they are positioned now and where they are going and am bullish on the prospects. The combination of low rates and telework is driving a boom of housing sales right now. Evidently, they are going to transition into other areas of lending, which will be great. Although I have not personally used their services, they are easy to use, which is a big plus. Working with traditional banks on mortgages can be a pain in the ass. Because of this, I think you need to consider them a fintech company.

Quoted from loneacer:

I was interested until I saw the market cap is already near 50 billion. I wanted to own it around 20 billion.

I understand where you are coming from but I think you might be missing the boat a little. In 2019, they had revenues of 5.1B. The first half of this year, their revenue is estimated to be between 6.3 and 6.6B. That is exponential growth, and the valuations I think are in line with what they are.

#4675 9 months ago
Quoted from noob-a-tron:

My son asked if he can use his bank account that we have put money into over the years. He wants to risk it now he is only 17. I said buy Platinum he wanted silver but i think more can be made from platinum now. He has 11k to invest in something any ideas would be appreciated.

Metals as a first investment is a bad idea (at least all in). This is what i did and it worked out pretty good. Buy a gold and platinum coin every year. I'm in the US so it's Eagles for me. Sell the Platinum coins and buy gold replacements when the prices sync up again. Keep the gold for the long term. As for the rest of it, buy mutual funds or a really diversified big company like Berkshire or Amazon. At that age you want winners. Start getting riskier after he learns the ropes.

#4676 9 months ago
Quoted from Mad_Dog_Coin_Op:

Metals as a first investment is a bad idea (at least all in). This is what i did and it worked out pretty good. Buy a gold and platinum coin every year. I'm in the US so it's Eagles for me. Sell the Platinum coins and buy gold replacements when the prices sync up again. Keep the gold for the long term. As for the rest of it, buy mutual funds or a really diversified big company like Berkshire or Amazon. At that age you want winners. Start getting riskier after he learns the ropes.

Serious question, how do you sell coins for a fair price and securely?

#4677 9 months ago

Buy and sell with a dealer. In person is a plus but there are lots of good ones online. Check the reviews. Selling Eagles is easy. Spot + 1% is usually the going rate for BU coins. It is pretty much walk in and do the deal. Graded coins are a little tougher to deal with and that's why I don't mess with them. I'm only in it for the metal. I'm not a coin collector. By the way, any metal purchases over $1500 does not get hit with sales tax.

#4678 9 months ago
Quoted from Mad_Dog_Coin_Op:

Buy and sell with a dealer. In person is a plus but there are lots of good ones online. Check the reviews. Selling Eagles is easy. Spot + 1% is usually the going rate for BU coins. It is pretty much walk in and do the deal. Graded coins are a little tougher to deal with and that's why I don't mess with them. I'm only in it for the metal. I'm not a coin collector. By the way, any metal purchases over $1500 does not get hit with sales tax.

Just a minor correction, be sure to check the state tax laws for purchases of precious metals, bullion, or coins before you buy as the laws differ from state to state. Some state tax laws are different from metal to metal, some states charge no tax at all on bullion or coins regardless of the amount, and some states charge no tax over a certain threshold. Bought some Silver Eagles a few weeks ago, wish I had bought more now.

#4679 9 months ago

I have eagles and maples if your looking at coins avoid milk dots.

#4680 9 months ago

My RE and other commodities search led to this.

Tesla rival, low end entry

https://www.google.com/search?q=nio+share+price&oq=nio&aqs=chrome.0.69i59l2j69i57j46j0j69i60j69i61l2.2447j0j7&sourceid=chrome&ie=UTF-8

Massive deal with Suning

https://en.wikipedia.org/wiki/Suning.com

I am very ant..i chin.a, however this appears to be a no brainer cash cow.

I will need to engage NYSE for this one, Anyone in ?

Thoughts ?

#4681 9 months ago
Quoted from BrianBannon:

Just a minor correction, be sure to check the state tax laws for purchases of precious metals, bullion, or coins before you buy as the laws differ from state to state. Some state tax laws are different from metal to metal, some states charge no tax at all on bullion or coins regardless of the amount, and some states charge no tax over a certain threshold. Bought some Silver Eagles a few weeks ago, wish I had bought more now.

True. My state is super strict on taxes and everything else.

#4682 9 months ago
Quoted from Mad_Dog_Coin_Op:

True. My state is super strict on taxes and everything else.

Cali?

SPG, MAC, LVS all up about 8% today. And CCL

SPG reports after the bell. Amazon news re JC penny. MAC in the am.

Go back on a 6 month chart and look at the run up to June 6th, post re opening excitement, and plug in just about any "in the ditch" stock name. They all have that big spike followed by more "fear and panic" after the Covid spike.

It's time to start picking your winners in the post Covid world imo.

MAC announced a secondary offering for i assume current shareholders to liquidate. We will find out more manana.

I would consider SPG and LVS "speculative strong buys" and STOR a "strong buy" for myself.

As always, you need to do your own due diligence!

#4683 9 months ago

https://www.cnbc.com/2020/08/10/mohamed-el-erian-wave-of-bankruptcies-are-big-threat-to-market-rally.html

Yes it's about the "technicals", that is why you buy stocks that also have excellent "fundamentals" in this environment like Apple and Amazon, etc.

Today we saw a rotation back into "value". Some of these companies aren't great businesses that i don't want to own LONG TERM but see short term opportunity given the fear and panic created by Covid.

A lot of unknowns, Congress, elections and the virus. . With your Cornerstone stocks none of those issues matter.

#4684 9 months ago

My REITs have grown quite a bit in the last several weeks. I have to accumulate slowly, but they have run up so much that I might keep adding cash to my account, but keep it there until we see if things pull back soon. Already have positions if it keeps going, but things seem pretty high.

#4686 9 months ago

DC, Here is the property lineup of MAC.

https://www.macerich.com/Leasing/Find

About 55% of the properties have a JC Penney. 7% have a Neiman Marcus.

70% of MAC properties have Macy's as an anchor tenant.

I'm looking to recover some of the significant discount to NAV post covid/vaccine.

Not a great business i want to own long term.

"Amazon has also been in conversations with several mall landlords about putting its Go Grocery stores in J.C. Penney locations, according to the report. Amazon recently listed job openings related to several locations of its new grocery store concept in Greater Washington."

#4687 9 months ago

Guessing this could be very good

#4688 8 months ago

Well, now that “that“ question has been answered we can see how Mr. Market is going to handle things.

Oh, and did I see silver down 15% today? Maybe that question was answered too. At least for now.

#4689 8 months ago
Quoted from desertT1:

Well, now that “that“ question has been answered we can see how Mr. Market is going to handle things.
Oh, and did I see silver down 15% today? Maybe that question was answered too. At least for now.

All momentum got taken out to the woodshed

Rotation into the ditch

#4690 8 months ago
Quoted from iceman44:

All momentum got taken out to the woodshed
Rotation into the ditch

... and futures are up big again today

#4691 8 months ago
Quoted from Pin-Pilot:

In this market I am not sure how anything is justified. AAPL goes up no matter what as do many other stocks. One week it is this, the next week it is the opposite. It feels more like gambling at present. Pick a target and shoot.

Now that it (RKT) has dropped about $7, I sold some September puts that would get me in at around $16.25 if I'm assigned. I'd like it better at $12-15, but $16 is a lot better than $26 it was last week.

#4693 8 months ago

I think it'll be good for Apple, but Tesla valuation seems to be on the (very) high side to me so hard to see the same there. I'm glad I bought some TSLA at $215, I guess it's time to sell before reality hits it

#4694 8 months ago

It has been a curiosity to watch RKT. Is it an innovator/disruptor or a traditional company? The valuations at $25+ only make sense if it’s a disruptor.

I would be tempted at that $16 and change price point, but with what the macs just did...probably will have to fall a bit below that before I would think to nibble.

I guess I am just more interested in other sectors of the market and it would really have to move to turn my head.

#4695 8 months ago
Quoted from Kkuoppamaki:

I think it'll be good for Apple, but Tesla valuation seems to be on the (very) high side to me so hard to see the same there. I'm glad I bought some TSLA at $215, I guess it's time to sell before reality hits it

Still time to get into APPL before the split. Arguably a consumer spending 2020 favorite, their $460 shares will trade around $115 at the end of august due to the 4 for 1 split, BUT they have a whole wave of 5G-frenzy coming in Sept and Oct and iPhone 12 will be a must-have. That will drive the 'now affordable' shares to appeal to more investors who will load up on shares. While I would never tell anyone what to do, I have added to my position this month, and will expect those post-split 4 for 1 shares to hit $140 by the end of the year.

#4696 8 months ago
Quoted from Oaken:

It has been a curiosity to watch RKT. Is it an innovator/disruptor or a traditional company? The valuations at $25+ only make sense if it’s a disruptor.
I would be tempted at that $16 and change price point, but with what the macs just did...probably will have to fall a bit below that before I would think to nibble.
I guess I am just more interested in other sectors of the market and it would really have to move to turn my head.

I don't think the market quite knows what to do with RKT but I am long. I still have all of my shares and look for it to do well. The housing sales numbers are strong and I feel confident this company is going to be a winner.

#4697 8 months ago

Picked up some RKT yesterday at $18.67
I'll give it a couple earnings cycles and see how it plays out

#4698 8 months ago
Quoted from BMore-Pinball:

Picked up some RKT yesterday at $18.67
I'll give it a couple earnings cycles and see how it plays out

I think you'll be happy. They just unexpectedly released earnings early (to boost the sagging stock price I'm sure). Up 7% so far in premarket.

#4699 8 months ago
Quoted from loneacer:

I think you'll be happy. They just unexpectedly released earnings early (to boost the sagging stock price I'm sure). Up 7% so far in premarket.

Make that 13%.

#4700 8 months ago
Quoted from loneacer:

I think you'll be happy. They just unexpectedly released earnings early (to boost the sagging stock price I'm sure). Up 7% so far in premarket.

Not earnings, but Q2 guidance. Earnings will be Sept 2.

Some good insight into their numbers are below. RKT is going to be a winner!

Shares of Rocket Companies RKT rose 10% in premarket trade Friday, after the parent of major mortgage lender Quicken Loans offered guidance for its second quarter. The company, which went public last week, said it expects net income of $3.5 billion, after a loss of $54 million in the same period a year ago. Revenue is expected to climb to $5.037 billion from $938 million a year ago. The guidance was issued as part of a financial disclosure requirement for bondholders, the company said in a release. It will report second-quarter earnings on Sept. 2 and does not expect to offer guidance in future quarters. There are currently too few FactSet estimates to create a reliable consensus. The company said its closed loan originations volume of $72.3 billion was up 126% from a year ago. Rocket raised $1.8 billion in its IPO. The stock closed Thursday just above its IPO issue price of $18.

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