OT: Stock and Investment Thread

T2Kplus20

Heisman
May 1, 2007
31,322
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Haha....from our resident Jack Bouroudgian (not sure you'd know who that is...permabull that use to come on CNBC frequently, if not daily many years back). Only time I ever saw him give up the ghost was in the crash after it went way down lol.

Technicals are completely useful and just about every professional (not that I'm one) in the market uses them to some degree now. I don't particularly like flying blind, especially in an environment like this.
TA is only useful because other people think it is useful (no real reason). You summarized the most important fact, sentiment and performance is what really matters and will crush TA all the time.

Never heard of Jack B! Now Tom Lee, that's my guy.

#Bulls4Life

 
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Dec 17, 2008
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TA is only useful because other people think it is useful (no real reason). You summarized the most important fact, sentiment and performance is what really matters and will crash TA all the time.

Never heard of Jack B! Now Tom Lee, that's my guy.

#Bulls4Life

Sentiment can be measured by technicals, charting, candlesticks etc..that's part of the point.
 
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Joey Bags

All-American
Sep 21, 2019
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If China attacks Taiwan, short Tesla.
lol I'm assuming this is somewhat tongue in cheek.

China wouldn't attack Taiwan short of a full scale invasion. And if they planned on invading, they'd need months of amphibious assault training for around 500k-2M troops (total estimated needed to capture and occupy Taiwan successfully). To put in perspective, it took Russia months of round the clock movement to build up troops on Ukraine's border before invading and that was just to position ~190k troops into place. China would never be able to discretely invade Taiwan, the writing would be on the wall months if not a year+ in advance.

If you start hearing reports of massing of troops on the mainland side of the strait, then you'd want to think about shorting.
 

RUAldo

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Sep 11, 2008
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What’s up with AAPL today? I’ve been stuck in meetings and behind on the news.
 

RUschool

Heisman
Jan 23, 2004
49,910
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Finally showing signs of cracking and catching up with the rest of FAANG and tech at least to a degree?
I posted this a few days ago.

I waiting for it to roll over. AAPL has been a very slow mover downward. it was only 5 months ago, AAPL was $140, $20 lower than today price. I think one big push will get us closer to $140. When it hit $140, it will be time to buy AAPL, CRM, NVDA, PYPL, and ADBE.

MSFT was like that until it wasn’t. Cramer mentioned that MSFT is a great stock but the PE is too high a couple of days ago when it started dropping. No one mentioned it was an expensive stock until it fell.


This article indicate a low of $134 using a 20 PE. I was going to post the comment but I no longer can see the entire article.
 
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RU in IM

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DOCU getting pummeled again. Down 17%, after hours. Not long ago (early December) it was mentioned on this board that people are “irrational“ and “stupid“ when a selloff brought DOCU down over 50% to about $135. Well, three months later it’s down another 40%. A lot of lessons being learned …….

and Rivian….. yikes. Down another 13% after hours
 
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RUAldo

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Sep 11, 2008
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DOCU getting pummeled again. Down 17%, after hours. Not long ago (early December) it was mentioned on this board that people are “irrational“ and “stupid“ when a selloff brought DOCU down over 50% to about $135. Well, three months later it’s down another 40%. A lot of lessons being learned …….
One trick re-opening pony…
 
Dec 17, 2008
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DOCU getting pummeled again. Down 17%, after hours. Not long ago (early December) it was mentioned on this board that people are “irrational“ and “stupid“ when a selloff brought DOCU down over 50% to about $135. Well, three months later it’s down another 40%. A lot of lessons being learned …….

and Rivian….. yikes. Down another 13% after hours
Well I wasn’t participating or even reading the thread much back then but as I’ve said my non participation was a sign of my thoughts on crazy valuations and interest in high flying names.
 

T2Kplus20

Heisman
May 1, 2007
31,322
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DOCU getting pummeled again. Down 17%, after hours. Not long ago (early December) it was mentioned on this board that people are “irrational“ and “stupid“ when a selloff brought DOCU down over 50% to about $135. Well, three months later it’s down another 40%. A lot of lessons being learned …….

and Rivian….. yikes. Down another 13% after hours
Rivian = Don't be Stupid. Buy TSLA

All other EV makers are just talk until proven otherwise.

 
Dec 17, 2008
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I posted this a few days ago.

I waiting for it to roll over. AAPL has been a very slow mover downward. it was only 5 months ago, AAPL was $140, $20 lower than today price. I think one big push will get us closer to $140. When it hit $140, it will be time to buy AAPL, CRM, NVDA, PYPL, and ADBE.

MSFT was like that until it wasn’t. Cramer mentioned that MSFT is a great stock but the PE is too high a couple of days ago when it started dropping. No one mentioned it was an expensive stock until it fell.


This article indicate a low of $134 using a 20 PE. I was going to post the comment but I no longer can see the entire article.
It could go there and I think the 140s is an area of support before that though. It hasn't breached the 200DMA yet but it's been flirting with it. I tend to think sooner or later it will break but I don't know when.

China retaliation news on any sanctions of Chinese companies probably hurt it too today. NKE didn't take too big of a hit though.
 

RUschool

Heisman
Jan 23, 2004
49,910
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Not that I would buy or have ever owned either of these stocks but Dan Ives of Wedbush on Halftime about RIVN and DOCU with contradicting price target and comments vs recommendations.

A perfect example of what I said just the other day about analyst recommendations. They don’t often put sells on stocks and their recommendations are nonsensical compared to their analysis and/or price targets. Commentary and analysis can be useful but the actual recommendation forget about it. Scott Wapner called him out on it, which is one thing I like about the show (he pushes the panelists and guests), but I don’t think Ives really gave a satisfactory explanation.
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Not that I would buy or have ever owned either of these stocks but Dan Ives of Wedbush on Halftime about RIVN and DOCU with contradicting price target and comments vs recommendations.

A perfect example of what I said just the other day about analyst recommendations. They don’t often put sells on stocks and their recommendations are nonsensical compared to their analysis and/or price targets. Commentary and analysis can be useful but the actual recommendation forget about it. Scott Wapner called him out on it, which is one thing I like about the show (he pushes the panelists and guests), but I don’t think Ives really gave a satisfactory explanation.
Wedbush when pushed about which Fang was the best , AMZN, in yesterday discussion.
 

T2Kplus20

Heisman
May 1, 2007
31,322
19,306
113
Not that I would buy or have ever owned either of these stocks but Dan Ives of Wedbush on Halftime about RIVN and DOCU with contradicting price target and comments vs recommendations.

A perfect example of what I said just the other day about analyst recommendations. They don’t often put sells on stocks and their recommendations are nonsensical compared to their analysis and/or price targets. Commentary and analysis can be useful but the actual recommendation forget about it. Scott Wapner called him out on it, which is one thing I like about the show (he pushes the panelists and guests), but I don’t think Ives really gave a satisfactory explanation.
CNBC discloses long positions by guests, gotta do to same with those weasel short sellers.
 
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T2Kplus20

Heisman
May 1, 2007
31,322
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Many of the Tech keep on drifting farther down ADBE, MSFT, NVDA,FB, PYPL and AAPL.

MY Target prices

ADBE $300, MSFT $250, NVDA $180, PYPL $84, and AAPL $140
Hoping and wishing isn't a strategy. The entire market is down due to irrational fear and silliness. Better option is just a leverage play of the indexes.

With that said, definitely adding to a few favorites as well.
 

RU in IM

All-Conference
Nov 3, 2011
2,687
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Okay, time to start feeling bad for Cathie. ARKK at $55:58; now down 65% from the high. It’s got to be tough sleeping at this point.
 

T2Kplus20

Heisman
May 1, 2007
31,322
19,306
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Okay, time to start feeling bad for Cathie. ARKK at $55:58; now down 65% from the high. It’s got to be tough sleeping at this point.
Why? They are still making their fees and money continues to flow to ARK (not sure why, but it is). Keep an eye on ARKG. Almost down to pre-COVID level! :)
 

RU Cheese

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Sep 14, 2003
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I like the “irrational fears” as you call it. The volatility has been great for me. Up about 5% thus far in 2022.
I traded volatility the summer after grad school. It's a fantastic play of either a) macro events get wierd like they are currently, or b) things are booming and vol is at an all time low. Just waiting game.
 

rurahrah000

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Aug 21, 2010
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5%? Crumbs. You need to set yourself up for something bigger.
up 5% in less than 3% when the Nasdaq is down 18% and S&P is down 12%, I'll take it. It's not as good as your impeccable stock market time... oh wait... that's not true. Weren't you loser who was insulting people and calling them names like chicken little or little bear for not buying AAPL at $170? How's that working out for you? I told you to wait for a level closer to $145-155. You need to the respect people smarter than you... which is pretty much everyone on this forum.
 
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T2Kplus20

Heisman
May 1, 2007
31,322
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That is why I play the long/short game. It is good to be in hedge funds.
Hedge funds are for sissies. Missed out on massive returns of the past 10 years by being scared and playing it safe. LOL!

Go leverage when the market is artificially down. Simple stuff. Open your mind and learn.
 

rurahrah000

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Aug 21, 2010
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Hedge funds are for sissies. Missed out on massive returns of the past 10 years by being scared and playing it safe. LOL!

Go leverage when the market is artificially down. Simple stuff. Open your mind and learn.
Nice try. I think most people would agree that index funds and ETF's are for sissies (your core investments). I don't have much respect for you, but I will give you this much, you don't give up. You are the kind of person that my wife describes surgeons as... "Often wrong, but never in doubt" except that you have 1/3 the IQ of most surgeons.
 
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T2Kplus20

Heisman
May 1, 2007
31,322
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Nice try. I think most people would agree that index funds and ETF's are for sissies (your core investments). I don't have much respect for you, but I will give you this much, you don't give up. You are the kind of person that my wife describes surgeons as... "Often wrong, but never in doubt" except that you have 1/3 the IQ of most surgeons.
I have no respect for people like you. Scared and playing it safe. If you just weren't so narrowminded and tried something new, you would get ahead. I know missing out on all those gains over the past 10 years keeps you angry, but you shouldn't use an online message board to complain so much. Try to be more happy!
 

rurahrah000

All-Conference
Aug 21, 2010
3,249
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I have no respect for people like you. Scared and playing it safe. If you just weren't so narrowminded and tried something new, you would get ahead. I know missing out on all those gains over the past 10 years keeps you angry, but you shouldn't use an online message board to complain so much. Try to be more happy!

Sounds like you are projecting your failures onto others. Anyways, good luck with what ever it is that you do. Keep buying high and selling low and justify it by calling it DCA. We need morons like you or else it would be much harder to make money. Hopefully it works out for you. If not, then I will give you a job cleaning the toilets in my hedge fund. We give out incredible bonuses to everyone. I know how much you like bonuses. I will no longer be responding to your foolish comments. If you have a coherent argument then I will respond back.