OT: Stock and Investment Thread

T2Kplus20

Heisman
May 1, 2007
31,206
19,211
113
Sold a little FB and AAPL but expect both continue to go up but will buy more after it dip. I expect big increase with AMZN tomorrow. I will make sure to buy FB, APL, GOOG and Amazon on dips.
Bad job. Lost out on some nice returns.
 

RU05

All-American
Jun 25, 2015
14,651
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AAPL = DAMN

Crazy earnings.
Was going to say that AAPL, not surprisingly also crushes it.

Is the market expensive? I dunno, with earnings like these, and those we are expected to see in the qtr's ahead, maybe not.
 

T2Kplus20

Heisman
May 1, 2007
31,206
19,211
113
Was going to say that AAPL, not surprisingly also crushes it.

Is the market expensive? I dunno, with earnings like these, and those we are expected to see in the qtr's ahead, maybe not.
Waiting to see how Morningstar adjusts FMV for FB, AAPL, and MSFT. They raised GOOGL to $2925. Much more growth coming to the big 5 techs.
 

RUTGERS95

Heisman
Sep 28, 2005
29,470
40,569
113
Probably good news for GBTC. The SEC may approve a bunch of ETF options at the same time, including Grayscale's conversion of GBTC to an ETF.
no it's more than that. It's the first etf with direct btc asset allocation vs companies with exposure to crypto. With the digital yuan action the past month and now ecb debt issuance of 2yr notes on eth network, i think they are gonna push for holding longer. will be interesting
 
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RUschool

Heisman
Jan 23, 2004
49,910
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I like to listen to Jeremy Siegel Penn U and he earlier said market might go up 40% by end of year. I might not believe the 40% but expect the market to move upward. I am always caution unlike T2K so I take profits and trade on the dips. The market normally goes crazy high before it crashes. Euphoria and then capitulation.
 
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RU05

All-American
Jun 25, 2015
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I like to listen to Jeremy Siegel Penn U and he earlier said market might go up 40% by end of year. I am always caution unlike T2K so I take profits and trade on the dips. The market normally goes crazy high before it crashes. Euphoria and then capitulation.
Very bullish, a couple weeks ago said he had never heard a fed chair so dovish. That didn't change with Powell's remarks today.
 
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RU05

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Jun 25, 2015
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I expect AMZN tomorrow to have a big day like FB and AAPL today. The stock may go up 5-6%. Load up guys tonight.
Question is, is it more like AAPL, which is up 1.8% or like FB which is up 7.7%?

It's post covid chart looks more like AAPL.
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Question is, is it more like AAPL, which is up 1.8% or like FB which is up 7.7%?

It's post covid chart looks more like AAPL.
The last qtr it didn’t reach its high. Range bound 2950-3370 and now 3486. You should have brought when it was around 2975-3000. 17% increase already. It was 3030 March 30,2021 about a month ago.
 
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T2Kplus20

Heisman
May 1, 2007
31,206
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113
I like to listen to Jeremy Siegel Penn U and he earlier said market might go up 40% by end of year. I might not believe the 40% but expect the market to move upward. I am always caution unlike T2K so I take profits and trade on the dips. The market normally goes crazy high before it crashes. Euphoria and then capitulation.
Remember, you only "lose" money if you sell. :)

Words to live by:

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - PL
 

tom1944

All-American
Feb 22, 2008
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Remember, you only "lose" money if you sell. :)

Words to live by:

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - PL
Isn’t it also you only make money when you sell also?
 

RU05

All-American
Jun 25, 2015
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BRK.B(a BIG holder of Apple stock) after breaking through a 3 year resistance level continues it's upward move.

Up about 17% ytd. I think their shareholder meeting is tonight?
 
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T2Kplus20

Heisman
May 1, 2007
31,206
19,211
113
I like to listen to Jeremy Siegel Penn U and he earlier said market might go up 40% by end of year. I might not believe the 40% but expect the market to move upward. I am always caution unlike T2K so I take profits and trade on the dips. The market normally goes crazy high before it crashes. Euphoria and then capitulation.
Morningstar FMV for FB increased to $390. Well deserved move based on those amazing earnings. It's not about timing the market, but rather the amount of time in the market. Don't get weak-kneed now and miss out like you did last spring.
 
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RU05

All-American
Jun 25, 2015
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F's guidance is dragging down GM, as well as, I assume, BWA this morning.

I do own the other side of the F story in RNECY which is up 5% today. I was surprised they are up, but maybe I shouldn't be.

I'm currently right there in between the Dow and the S&P.
 

RU05

All-American
Jun 25, 2015
14,651
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Dang F down 10%. The idea of selling it at yesterdays report did cross my mind, never got too close to actually doing it though.
 
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Oct 19, 2010
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Remember, you only "lose" money if you sell. :)

Words to live by:

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - PL

Yes, this. Reminds me of the maxim that success in the stock market is determined not by timing the market, but by time in the market.
 
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RU05

All-American
Jun 25, 2015
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Lots of big pharma swinging and missing. BMY, MRK, GILD.

TWTR down too, UBER as well and that was is enticing on the dip.
 

RU05

All-American
Jun 25, 2015
14,651
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BMY pretty much sitting where it was at in 2015, and even crazier where it was in 1998(which was followed by a deep decade long trough). . 3% dividend but, ya know, if this thing can't break out......
 

RU05

All-American
Jun 25, 2015
14,651
9,158
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Lots of big pharma swinging and missing. BMY, MRK, GILD.

TWTR down too, UBER as well and that was is enticing on the dip.
Finnerman buys more BMY and MRK on the dip. Reasoning is the negative reaction was a % you would expect from a 20x multiple, but MRK is a 11X multiple thus the dip was an over reaction.

She also like that they reaffirmed guidance.
 
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