OT: Stock and Investment Thread

RU05

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@rurahrah000
Is China finally poised for the long-awaited breakout? It's right there again!

iShares China Large-Cap ETF

Not sure who it was, but I think it was Nathan, and he noted this is a breakout of an even longer term downward trend. The FXI is down more then 50% from it's early 2021 highs.

It does look like it may have put in a double bottom, first in Oct 22, and more recently in Jan, which is the low we see in the above chart.

Longer term the FXI peaked in 2008, when it got into the $70's, but after crashing in the gfc has since butted it's head off the $50 level multiple times, most recently, as noted above in 2021.

So it does look like it wants to run here, but the problem with China, is the same problem we've been talking about, at any time the gov't can do some bat **** stuff, like arresting a CEO for no reason, invading Taiwan, or reacting to what the US does with Tik Tok, that can tank these stocks yet again.

Probably worth buying a little though.
 
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RU05

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TSLA broke below $175, now threatening to break below $170.

Ives thinks all the negativity is in the price? At 40x P/E I don't know if that's true.
 

T2Kplus20

Heisman
May 1, 2007
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Not sure who it was, but I think it was Nathan, and he noted this is a breakout of an even longer term downward trend. The FXI is down more then 50% from it's early 2021 highs.

It does look like it may have put in a double bottom, first in Oct 22, and more recently in Jan, which is the low we see in the above chart.

Longer term the FXI peaked in 2008, when it got into the $70's, but after crashing in the gfc has since butted it's head off the $50 level multiple times, most recently, as noted above in 2021.

So it does look like it wants to run here, but the problem with China, is the same problem we've been talking about, at any time the gov't can do some bat **** stuff, like arresting a CEO for no reason, invading Taiwan, or reacting to what the US does with Tik Tok, that can tank these stocks yet again.

Probably worth buying a little though.
Trend looks good, but the problem with China is you never know when it will go China again. LOL! Looking at Jan 2025 calls for FXI or KWEB.
 
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T2Kplus20

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TSLA broke below $175, now threatening to break below $170.

Ives thinks all the negativity is in the price? At 40x P/E I don't know if that's true.
TSLA is a pure sentiment play. Sentiment is down right down, if that changes, it will pump back to ATHs.
 

RU05

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WTI back up around $80.

The one year looks like it wants to go up. As does the 5 year.

But there is a downward trend off of the June 2022 high, and Sept 2023 highs that it looks to be bumping up against right around here.
 

T2Kplus20

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WTI back up around $80.

The one year looks like it wants to go up. As does the 5 year.

But there is a downward trend off of the June 2022 high, and Sept 2023 highs that it looks to be bumping up against right around here.
Can't imagine WTI goes much higher for an extended time period. Supply and demand dynamics are not favorable.

In other news, look out! My PFE calls are pumping. :)
 

RU05

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Bill Baruch buys SCCO, Southern Copper.

Up 8% today on drilling results.

Stock had been dealing with the $80 level since 2021. Broke out in the past week. Jumping again today. Now at $94. ATH's. Off and running?
 

RU05

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TSLA closed below $170, has sold off a tiny bit more in extended. $168.
 
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T2Kplus20

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TSLA at closed below $170, has sold off a tiny bit more in extended. $168.
Not the right time yet, but TSLA is a great future play. The EV sentiment turns around and Elon drops some AI announcements. TSLA's rebound may be META 2.O!
 

RU05

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Not the right time yet, but TSLA is a great future play. The EV sentiment turns around and Elon drops some AI announcements. TSLA's rebound may be META 2.O!
Maybe,

But Meta was like 10x PE at it's lows in late 2022. Right now it's still only 33x.

Tesla is currently 41x. Still a ton more to give back before that comparison becomes apt.
 

T2Kplus20

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Maybe,

But Meta was like 10x PE at it's lows in late 2022. Right now it's still only 33x.

Tesla is currently 41x. Still a ton more to give back before that comparison becomes apt.
I don't think the META rebound had anything to do with fundamentals. It was about Zuck getting the message and "finding Jesus" with his reckless spending.
 
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RU05

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I don't think the META rebound had anything to do with fundamentals. It was about Zuck getting the message and "finding Jesus" with his reckless spending.
Is cost cutting and reshifting focus not fundamentals?
 

gmay8

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Nov 29, 2005
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My RIVN bet has sure come back to earth. At one point I was up 23% at its height. I'm back down in the red at -2%.

Just gonna keep holding, that was my plan from the start, but that's why smart traders take their 20% and run, where as I'm probably gonna watch this thing crash to zilch
 

ashokan

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May 3, 2011
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A few weeks ago I watched a Marques Brownlee review of a Fisker car. He said it was a bad car but it was also clear there were things he really liked about it. I never liked the gov meddling in car biz but I dont like to see the companies go down. Seems like they really geared-up for a major shift with gov prodding but the negatives weren't softening. Toyota never bit and now they are taking-up the conventional car slack the other companies left chasing the EV train.

This is the Worst Car I've Ever Reviewed​

 
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T2Kplus20

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My RIVN bet has sure come back to earth. At one point I was up 23% at its height. I'm back down in the red at -2%.

Just gonna keep holding, that was my plan from the start, but that's why smart traders take their 20% and run, where as I'm probably gonna watch this thing crash to zilch
I still like RIVN for a long play, just think it may be bumpy until a positive earnings report (that shows progress on R2 and cost cutting). I will buy again soon.....shares or leap calls. Not sure when.
 
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RU05

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My RIVN bet has sure come back to earth. At one point I was up 23% at its height. I'm back down in the red at -2%.

Just gonna keep holding, that was my plan from the start, but that's why smart traders take their 20% and run, where as I'm probably gonna watch this thing crash to zilch
Was wondering if it was down today on the Fisker news. Sounds odd but who knows


Lets see if it holds above atl’s.
 

RU05

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SentinelOne down big on earnings from last night. Everything was pretty much inline including guidance, but obviously the market was looking for more.

Morgan Stanley still likes it. Growth expected to be 30% yoy. Was 14x price to rev's(I think that is before this earnings, so rev's should be up while price is down).

In the cyber security business, they've thrown an AI in there recently. So 2 hot topics right there.

I felt like I missed it as it ran up from $12 up to $30. Now below $24, I think I'm going get in tomorrow.
 

T2Kplus20

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May 1, 2007
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SentinelOne down big on earnings from last night. Everything was pretty much inline including guidance, but obviously the market was looking for more.

Morgan Stanley still likes it. Growth expected to be 30% yoy. Was 14x price to rev's(I think that is before this earnings, so rev's should be up while price is down).

In the cyber security business, they've thrown an AI in there recently. So 2 hot topics right there.

I felt like I missed it as it ran up from $12 up to $30. Now below $24, I think I'm going get in tomorrow.
I need to look at MongoDB. This was a Dan Ives table pounder and has pulled back quite a bit. I think he mentioned SentinelOne as a great cyber play along with CRWD, ZS, and PANW.
 

rurahrah000

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You are an experienced vet of the crypto market. You get a pass! :)
TSLA is in trouble. They are not growing and have a high multiple. They have stopped innovating… where is autonomous driving? I expect it to go lower.
My RIVN bet has sure come back to earth. At one point I was up 23% at its height. I'm back down in the red at -2%.

Just gonna keep holding, that was my plan from the start, but that's why smart traders take their 20% and run, where as I'm probably gonna watch this thing crash to zilch
Until RIVN can show itself to do what TSLA was doing 10 years ago and learn to really save money, any rips in the stock should be sold. This stock is not going to hit $20 for a while, if ever.
 
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ashokan

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More AI fail from Adobe Firefly. Rigged gimmick.




 
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