OT: Stock and Investment Thread

Dec 17, 2008
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We seem to be nearing the bottom. I have personally moved ~50% of my short term portfolio to long term growth stocks and away from high dividend and high cash flow stocks. I bought back some of my fintech plays (especially PYPL, SQ, AFRM, UPST, MELI). Also got into some high beta metaverse stocks like RBLX. I will be looking to buy more, but these levels was what I was waiting for in the past month.
I'm PYPL in that 155 area. I'm not in the others. 155 broke intraday but was retaken. It's bounced off that area a few times since. I think earnings can help it break out or break down. A rally up to that last support, now resistance, is possible or the next support is in the 120s.

Even if growth is slowing, I still think it can grow into its current multiple over time which may be higher than the market but is lower than its own historical PE.
 

T2Kplus20

Heisman
May 1, 2007
31,293
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I'm PYPL in that 155 area. I'm not in the others. 155 broke intraday but was retaken. It's bounced off that area a few times since. I think earnings can help it break out or break down. A rally up to that last support, now resistance, is possible or the next support is in the 120s.

Even if growth is slowing, I still think it can grow into its current multiple over time which may be higher than the market but is lower than its own historical PE.
When does PYPL report?
 
Dec 17, 2008
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Was listening to the Interactive brokers CEO on CNBC. He was saying the largest holding among their retail clients is TSLA among other names. He said they've made gains but they don't want to sell and are looking at it for 10 years down the line and all the things they feel TSLA will develop.

I don't own any myself and never have but if I made big gains I'd look to take some off. The same way a loss isn't a loss until you sell, a profit isn't a profit until you take it. Plus you know since the company is so tied to Musk, how about the "hit by a bus" factor. I suppose it's my conservative nature but I still thinking taking some profits on big gains is prudent even if it does keep going up cause there's no way to know for sure.
 
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patk89

All-Conference
Jul 25, 2001
6,304
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Credit Suisse just upgraded Tesla to a buy "checks all of the boxes". View share price decline as an opportunity. Had previously been neutral. 52 week price target of $1,025. P/E 81x forward earnings, had hit a post pandemic peak of 218x in January 2021. I'm still not buying.
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Yes. I really don’t trade at all. The last buy I made, other than dividend reinvestment, was a couple years ago. I have relatively large (low 7 figure) embedded LTCG in a taxable account that will hopefully go to the kids with a stepped up basis. Most of my portfolio is in tIRA but I’m doing Roth conversions to try to balance that out. I have about 30x “bare-bones necessary” annual expenses in cash and fixed income—factoring in social security and a modest pension from a job In the ‘80s, so I feel I can ride out an 8-10 year market decline without having to sell in a down market.
I don’t know if you have the taxable account solely in your name or a joint account. It may only have the step up basis for half the account if the account is in both your name. My father account, a couple mths before he passed, was in both our names but I created a new account for just my father and transferred the stocks over so the entire acct was stepped up. You don’t want your kids paying extra taxes. The next generation will have that extra cushion. I create a new account for my mom.

Great job in saving and investing,
 
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Dec 4, 2010
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Was listening to the Interactive brokers CEO on CNBC. He was saying the largest holding among their retail clients is TSLA among other names. He said they've made gains but they don't want to sell and are looking at it for 10 years down the line and all the things they feel TSLA will develop.

I don't own any myself and never have but if I made big gains I'd look to take some off. The same way a loss isn't a loss until you sell, a profit isn't a profit until you take it. Plus you know since the company is so tied to Musk, how about the "hit by a bus" factor. I suppose it's my conservative nature but I still thinking taking some profits on big gains is prudent even if it does keep going up cause there's no way to know for sure.
 

rurahrah000

All-Conference
Aug 21, 2010
3,249
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We seem to be nearing the bottom. I have personally moved ~50% of my short term portfolio to long term growth stocks and away from high dividend and high cash flow stocks. I bought back some of my fintech plays (especially PYPL, SQ, AFRM, UPST, MELI). Also got into some high beta metaverse stocks like RBLX. I will be looking to buy more, but these levels was what I was waiting for in the past month.

This is looking like a great buy... at least for today. Up nearly 10% just today!!!!!
 
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Dec 17, 2008
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Nasdaq showing some good relative strength this morning but crazy reversals can happen in both directions as we've seen recently.

AMZN peeking above that 2900 level I've mentioned.

MSFT starting to push up on the low 300s range.

PYPL pushing up against that 170 resistance. That didn't offer much support on the way down not sure if it'll be much resistance on way up if earnings are good. That 180-190 area might be stiffer. Part of me is wondering if I should take some off before earnings either later today or some time tomorrow.
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Nasdaq showing some good relative strength this morning but crazy reversals can happen in both directions as we've seen recently.

AMZN peeking above that 2900 level I've mentioned.

MSFT starting to push up on the low 300s range.

PYPL pushing up against that 170 resistance. That didn't offer much support on the way down not sure if it'll be much resistance on way up if earnings are good. That 180-190 area might be stiffer. Part of me is wondering if I should take some off before earnings either later today or some time tomorrow.
I wonder if BITCOIN will affect PYPL earnings. I‘l wait for the earning to buy PYPL, it’s almost down 50%.

I hope AMZN earnings are good. AMZN was the only stock I didn’t wait for the 10-15% drop before buying, brought around 3200-3300. It was trading around 3,100-3,500 for about a year before the drop. I think it’ll do just fine. I’m feeling better about the market.
 
Dec 17, 2008
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I wonder if BITCOIN will affect PYPL earnings. I‘l wait for the earning to buy PYPL, it’s almost down 50%.

I hope AMZN earnings are good. AMZN was the only stock I didn’t wait for the 10-15% drop before buying, brought around 3200-3300. It was trading around 3,100-3,500 for about a year before the drop. I think it’ll do just fine. I’m feeling better about the market.
I sold some PYPL at 170. My conservative nature gets the better of me frequently. I think it can push through 170 for sure if earnings are good but I'm taking some off the table.
 

T2Kplus20

Heisman
May 1, 2007
31,293
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I sold some at 170. My conservative nature gets the better of me frequently. I think it can push through 170 for sure if earnings are good but I'm taking some off the table.
I got my new stocks at such good prices, they may become long holds as well. Guess I'm just not a trader!
 
Dec 17, 2008
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I got my new stocks at such good prices, they may become long holds as well. Guess I'm just not a trader!
I have core positions at way lower levels in a bunch of your typical large/megacap names in different sectors that I've had for a very long time.

I also trade in those same names though. It's "safer" for me and if things don't go the way I expect, I'm willing to average down and hold them for longer if necessary. You know those typical "trade turns to somewhat longer investment" kind of deals. I can't do that with confidence with super high PE and high flyer momentum names of the moment so I generally avoid them. I'd like to think I'm self aware of my knowledge base, my risk tolerance and what lets me sleep at night without worry and I stick to that and it's served me well for 20 years or so of doing this as Joe Retail guy. If you don't have awareness of your own capabilities and risk tolerance that's when things can go awry IMO.
 

Scarletnut

All-Conference
Jul 27, 2001
5,471
4,164
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No nothing about it, but I stay away from companies that have expenses that are more than double their revenue. It has dropped over 93% off its 1-year high. Curious why you bought it; what are their prospects?

strange profile; 99% off ATH and their activities range from blockchain technology to the production and sale of fruit juice concentrate.
Well, if the Chinese economy moves positively, then FTFT should pop since its involved in all aspects of their e-cmmerce. Its popped 15% today already.
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
I sold some PYPL at 170. My conservative nature gets the better of me frequently. I think it can push through 170 for sure if earnings are good but I'm taking some off the table.
I decided to buy PYPL with my other riskier stocks like NVDA, AMD, and ADBE. Most of them fell 50% and PE fell below 50. All great buys and will just have to wait a year for big returns.
 

RUAldo

All-Conference
Sep 11, 2008
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Shocked to hear on CNBC that the average Robinhood customer account is about $4,000. Hard to see how Robinhood can stay alive long term unless those account numbers skyrocket.
 

T2Kplus20

Heisman
May 1, 2007
31,293
19,275
113
Shocked to hear on CNBC that the average Robinhood customer account is about $4,000. Hard to see how Robinhood can stay alive long term unless those account numbers skyrocket.
Gotta be bought out soon. Low market cap, high amount of cash.
 

T2Kplus20

Heisman
May 1, 2007
31,293
19,275
113
I decided to buy PYPL with my other riskier stocks like NVDA, AMD, and ADBE. Most of them fell 50% and PE fell below 50. All great buys and will just have to wait a year for big returns.
Those are "risky"? Yikes. NVDA and ADBE are part of my safe value tech plays! :)
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Those are "risky"? Yikes. NVDA and ADBE are part of my safe value tech plays! :)
RISKIER than AAPL, MSFT, GOOG, UNH, HD, AMZN, GS, FB

I’m a conservative investor, the others are mainly 20-30 PE. IN this environment, I like low PE stocks with high potential
 

T2Kplus20

Heisman
May 1, 2007
31,293
19,275
113
I think the potential liabilities now that a customer was awarded $30K in connection with the GameStonk nonsense could make Robinhood untouchable.
One of the big boys buys it, uses the app as a simple option for beginners. Something like that.
 

phs73rc77gsm83

All-Conference
Aug 11, 2011
3,061
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One of the big boys buys it, uses the app as a simple option for beginners. Something like that.
I wouldn’t want to buy the company but if I did, it’d be an asset sale rather than a stock sale. This would allow the buyer to acquire the customer list, app, cash, and maybe some other assets while not assuming or taking over liabilities (which could be very large and as yet not well-known.)
 
Dec 17, 2008
45,214
16,774
0
Amazing day today. These are the type of days where understanding technicals especially basics like 50 and 200 day moving average allows you to generate significant alpha.
Without technicals imo you just have scribbles on a screen lol. That’s how I was before I leaned about them. Having some idea of charting, technicals and candlestick patterns gives you a little bit of a roadmap.
 

T2Kplus20

Heisman
May 1, 2007
31,293
19,275
113
Since the beginning of the year, 80% of S&P 500 companies that have reported beat street estimates.

#earningsmatter
#buybuybuy
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Without technicals imo you just have scribbles on a screen lol. That’s how I was before I leaned about them. Having some idea of charting, technicals and candlestick patterns gives you a little bit of a roadmap.
I just know a little technical but it give you idea of bottoms.
 

RUinPinehurst

All-American
Aug 27, 2011
8,396
7,918
113
Shiller PE ratio for the S&P 500....

Current: 37.31 +0.69 (1.89%)
4:00 PM EST, Mon Jan 31
Mean:16.91
Median:15.86
Min:4.78(Dec 1920)
Max:44.19(Dec 1999)
 
Dec 17, 2008
45,214
16,774
0
ATT decides on a spin off for Warner.

The U.S. telecoms group will distribute shares of the new Warner Bros. Discovery as a dividend of $1.11 per share, down from $2.08 per share.

AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own.

 

RUAldo

All-Conference
Sep 11, 2008
4,690
3,352
113
ATT decides on a spin off for Warner.

The U.S. telecoms group will distribute shares of the new Warner Bros. Discovery as a dividend of $1.11 per share, down from $2.08 per share.

AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own.

Stock is down in pre-market. Im not sure what investors were looking for. Dividend will still be in the 6% range and shareholders pick-up Disc/WM shares. Im interested in seeing where this stock ultimately lands.