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OT: Stock and Investment Thread

T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
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SleepingGiantIsAwake said:
T2, I bought some BTC, ETH, and a bunch of Alt coins. Easy for ones that are available on Coinbase, Kraken etc. There’s a few ETH based alts (eg MIR) that I want to take positions in, but royal pain to buy. I have MEW set up with MM,Uniswap but I get big warnings when going to purchase since looks like these go through “ GeckoCoin”.

Could use to talk to someone. TK (or any crypto vets (-: ), would appreciate some help (like a quick conversation 😀). Thanks for any advice / help.
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Let me start a crypto conversation. There are a few folks that are WAY more experienced and knowledgeable than me on this thread. Look for it later today. In the meanwhile:

@bob-loblaw
@ScarletNut
@RUTGERS95

I'm learning quickly, but most of my in depth knowledge is only around ETH and BTC.
 
B

bob-loblaw

Senior
Jan 23, 2011
2,033
852
0
T2Kplus20 said:
Let me start a crypto conversation. There are a few folks that are WAY more experienced and knowledgeable than me on this thread. Look for it later today. In the meanwhile:

@bob-loblaw
@ScarletNut
@RUTGERS95

I'm learning quickly, but most of my in depth knowledge is only around ETH and BTC.
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I've been debating starting a separate thread for some time now. It's probably best served in it's own thread, away from the constant Tesla banter. I guess I cant really say that as Tesla has gone in on Crypto.

I'll take a look real quick. If you didnt start one, I'll just put one together. Today's a good day as the market is closed.
 
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R

RUAldo

All-Conference
Sep 11, 2008
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jtung230 said:
Please do. I stand by it. I would say Tesla makes beautiful but expensive cars. But the proportions on the model Y are off. Especially compared to the competition.
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Car-mageddon is coming. Nio and Xpeng reported good numbers too.
 
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BellyFullOfWhiteDogCrap

All-American
Dec 4, 2010
5,866
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jtung230 said:
Please do. I stand by it. I would say Tesla makes beautiful but expensive cars. But the proportions on the model Y are off. Especially compared to the competition.
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Model Y is going to be first off the line in both Berlin and Austin. Shanghai Y ramp has just started. What does that tell you?
 
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RU05

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Jun 25, 2015
14,651
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T2Kplus20 said:
Bullish article on GE:

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Not sure I agree with the $16.80 level set in Jan 2018 as being resistance, that was just a blip in an otherwise strong downward trend dating back to late 2016. The stock fell from $30, all the way down to the low $6's in late 2018. Was there a short lived upward move that failed at 16.80? Sure, is that enough to create a level, I dunno, but you barely even see it when looking at a 5 year chart.

The resistance level appears to be right where we are at, which was it's precovid levels around $13. This is also the level where it plateaued before further diving in late 2018. And sure enough GE which is up 23% ytd, once it hit this level, is down 4% in the last 30 days. Break through here and I think the technicals are 100% in your favor, just a matter of the fundamentals creating the necessary tailwind.

I think the infrastructure deal would be huge, but the overall trend is going green and GE is positioned very well in that regard.
 
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T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
19,206
113
RU-05 said:
Not sure I agree with the $16.80 level set in Jan 2018 as being resistance, that was just a blip in an otherwise strong downward trend dating back to late 2016. The stock fell from $30, all the way down to the low $6's in late 2018. Was there a short lived upward move that failed at 16.80? Sure, is that enough to create a level, I dunno, but you barely even see it when looking at a 5 year chart.

The resistance level appears to be right where we are at, which was it's precovid levels around $13. This is also the level where it plateaued before further diving in late 2018. And sure enough GE which is up 23% ytd, once it hit this level, is down 4% in the last 30 days. Break through here and I think the technicals are 100% in your favor, just a matter of the fundamentals creating the necessary tailwind.

I think the infrastructure would be huge, but the overall trend is going green and GE is positioned very well in that regard.
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I did look at other analyst reports, and most are still meh about GE. Seems like a slow and long hold kind of play.
 
R

RU05

All-American
Jun 25, 2015
14,651
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T2Kplus20 said:
I did look at other analyst reports, and most are still meh about GE. Seems like a slow and long hold kind of play.
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The story (or a story) with GE is that it is such a big company with so many distinct branches that it would take a long time to turn it around. As an extension of that I think the analysts are going to be slow to go from bearish to bullish.

But we do know this was a $50 stock in 2000, it was $40 in 2007, it was $30 in 2016(just reading this perhaps keep an eye out for the $20 level). Right now it's at $13, so, much closer to it's bottom then it's top. You can still get a great return without it ever getting back near it's all time high's.

Given it's current E-Trade estimates you are looking at 54x p/e for 2021, 27x in 2022, 18ish for 2023, and then only slight growth into 2024. So off those estimates it's at least fairly safe here, though it will need to beat those if you are looking for sustained long term upward trend.
 
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rurahrah000

All-Conference
Aug 21, 2010
3,247
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jtung230 said:
Up 50 bps in Q1. Somewhat expected given the 20% cash allocation and underperforming large cap tech stocks. My trading portfolio for the year was interesting. Jan. 133%, Feb. 7.21%, Mar -8.54%. That GME put contract really came back and bite me on the *** in March.
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T2Kplus20 said:
Entire retirement portfolio is up 2.53%. Roth IRAs are doing the best at 6.13% (which includes our energy play - XLE) and our T Rowe Price Rollover IRA is doing the worst at -2.39% (most tech heavy).

Not included in this calculation.....my crypto account is up 52%! LOL.
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Got to get more alpha than that guys. You guys are very active investors.
 
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Jtung230

Heisman
Jun 30, 2005
19,082
12,248
82
GME selling 3.5mm shares “at-the-market”. LOL. I was wondering how they were going to price those shares.
 
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RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
rutgersdave said:
Very nice day. GOOG , MSFT and FB near new highs. AMZN still at about 3150 with at least 200 points to go. NVDA, CRM, PYPL, AAPL and AMD hopefully move up a little further. Earnings around 4/26-4/28.
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Another nice day, starting to reduce my exposure.
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
19,206
113
rutgersdave said:
Another nice day, starting to reduce my exposure.
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Traditional/value tech is on a roll and this will continue. Long hold! Spec growth remains a bit soft, except for TSLA and the EV market.

If GS is right about rates, the market will boom.
 
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RUBlackout

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Mar 11, 2008
10,721
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does anyone have a recoomendation on the best platform to trade on and monitor a portfolio with potential for advisory and financal planning in one?

I currently have robinhood, schwab along with IRAs managed by AXA(FA)---I dont mind Schwab or Robinhood but just curious what everyone else sees as the best
 
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RUAldo

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Sep 11, 2008
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RUBlackout said:
does anyone have a recoomendation on the best platform to trade on and monitor a portfolio with potential for advisory and financal planning in one?

I currently have robinhood, schwab along with IRAs managed by AXA(FA)---I dont mind Schwab or Robinhood but just curious what everyone else sees as the best
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Fidelity is the best I’ve ever had based on CX/UX.
 
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T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
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RUAldo said:
Fidelity is the best I’ve ever had based on CX/UX.
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Agreed, Fidelity is a great platform, simple and easy to use. My current 401k and RSU program is with Fidelity. So is one of my rollover IRAs and crypto (brokerage) account.

E-Trade is pretty solid as well. I have also heard good things about M1 (which allows you to create sub-account more easily).
 
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phs73rc77gsm83

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Aug 11, 2011
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RUBlackout said:
does anyone have a recoomendation on the best platform to trade on and monitor a portfolio with potential for advisory and financal planning in one?

I currently have robinhood, schwab along with IRAs managed by AXA(FA)---I dont mind Schwab or Robinhood but just curious what everyone else sees as the best
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I use Vanguard and I’m very happy with them. I used Fidelity years ago and I think they are fine, as is Schwab.
 
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RUAldo

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Sep 11, 2008
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Am I the only one finding it hard to deploy cash in this market? I’ve got my 401Ks, IRAs, 529s on autopilot, but I’m gun-shy in my trading account at current levels. I’m waiting for a serious down-day to start buying!
 
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RUBlackout

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Mar 11, 2008
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RUAldo said:
Am I the only one finding it hard to deploy cash in this market? I’ve got my 401Ks, IRAs, 529s on autopilot, but I’m gun-shy in my trading account at current levels. I’m waiting for a serious down-day to start buying!
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I fell the same way expecting a dip but who knows
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
19,206
113
RUAldo said:
Am I the only one finding it hard to deploy cash in this market? I’ve got my 401Ks, IRAs, 529s on autopilot, but I’m gun-shy in my trading account at current levels. I’m waiting for a serious down-day to start buying!
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We had plenty of down days over the past few weeks. Did you miss the boat.....again? 😜

I bought at some crazy lows. I have a small amount of cash in our rollover IRA that focuses on value/traditional tech. Also, I'm scheduled to put more of last month's bonuses in our E-Trade brokerage account on Wed. We will see with that one.
 
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RUAldo

All-Conference
Sep 11, 2008
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T2Kplus20 said:
We had plenty of down days over the past few weeks. Did you miss the boat.....again? 😜

I bought at some crazy lows. I have a small amount of cash in our rollover IRA that focuses on value/traditional tech. Also, I'm scheduled to put more of last month's bonuses in our E-Trade brokerage account on Wed. We will see with that one.
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I didn’t buy the spec tech drop because I felt many of those stocks were still overpriced. Although many have yet to really recover. I want to go heavier in the medical device sector but I’ve been waiting for a sale so I can go on a shopping spree. I need a China dispute or something to spook the market LOL.
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
31,196
19,206
113
RUAldo said:
I didn’t buy the spec tech drop because I felt many of those stocks were still overpriced. Although many have yet to really recover. I want to go heavier in the medical device sector but I’ve been waiting for a sale so I can go on a shopping spree. I need a China dispute or something to spook the market LOL.
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Many, many awesome tech companies were and are still undervalued. As for health sciences and medical device companies, that entire sector is full of underpriced companies. It will be going BOOM very soon.

Don't wait too long. Even after a big down day, prices will be much higher than a few weeks ago.
 
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rurahrah000

All-Conference
Aug 21, 2010
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RUAldo said:
I didn’t buy the spec tech drop because I felt many of those stocks were still overpriced. Although many have yet to really recover. I want to go heavier in the medical device sector but I’ve been waiting for a sale so I can go on a shopping spree. I need a China dispute or something to spook the market LOL.
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Dude, with your impeccable timing, I would have thought you would be beating the S&P 500 handily. Why did your returns for Q1 fail to beat the S&P 500 index?
 
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RUAldo

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Sep 11, 2008
4,649
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rurahrah000 said:
Dude, with your impeccable timing, I would have thought you would be beating the S&P 500 handily. Why did your returns for Q1 fail to beat the S&P 500 index?
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I haven’t broken down my returns for Q1 yet across my entire portfolio. I did just fine if nothing else because I’m heavy on Alphabet and FB and added new long term positions in Sesen Bio and InMode that have performed well. I traded in and out of Marriott and Palantir to make a few bucks. Other than the spec tech dip and GME madness, there has been little to no volatility so hard to find bargains (at least for me).
 
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