Not able to on E-Trade.
Side note: E-Trade recently changed up their charts, and earnings-revenue graph pages and they are super glitchy. I need to look into this.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
Side note: E-Trade recently changed up their charts, and earnings-revenue graph pages and they are super glitchy. I need to look into this.
Also:
Great stuff as usual, but also talk on Berkshire and their cash holdings, which was a discussion here recently.
Something along the lines of Berkshire is at 24% equities which is down from 30ish% but in line with 10 year average
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Berkshire needs a ton of cash given they need cash to cover insurance claims which is a huge business for them, and there is tons of natural disasters to watch out for. Buffet said something along the lines of "my insurance companies are run by pessimists".
Also said something in his annual letter which echoed what I mentioned the other day, that being, Buffet has made mistakes, which is not surprising in this business. Even I do sometimes.
Great stuff as usual, but also talk on Berkshire and their cash holdings, which was a discussion here recently.
Something along the lines of Berkshire is at 24% equities which is down from 30ish% but in line with 10 year average
&
Berkshire needs a ton of cash given they need cash to cover insurance claims which is a huge business for them, and there is tons of natural disasters to watch out for. Buffet said something along the lines of "my insurance companies are run by pessimists".
Also said something in his annual letter which echoed what I mentioned the other day, that being, Buffet has made mistakes, which is not surprising in this business. Even I do sometimes.
One more:
GM up 3+% on buy back and div increase.
Needs to get back above $50, but that stock is super super cheap and rolling in cash.
I thought it odd they just closed up shop on their cruise business. I get streamlining, but that seems like a high growth business with market panache. Could they not have sold it? Obvious answer is, No, but I'm still curious.
GM up 3+% on buy back and div increase.
Needs to get back above $50, but that stock is super super cheap and rolling in cash.
I thought it odd they just closed up shop on their cruise business. I get streamlining, but that seems like a high growth business with market panache. Could they not have sold it? Obvious answer is, No, but I'm still curious.
I do that all the time. And during my daily walks. Just wasn't able to get to it last night. I'm normally able to catch WAYT live or close to live.
The market will grow up eventually and stop reacting like a dog seeing a squirrel. These tariff "announcement" are just meaningless background noise (until the next one happens).
@rurahrah000
SOUN earnings after the bell. Calls or puts?
Just made a small earnings play on CLOV - 4.5 calls expiring tomorrow. 10x or zero. LOL!
SOUN earnings after the bell. Calls or puts?
Just made a small earnings play on CLOV - 4.5 calls expiring tomorrow. 10x or zero. LOL!
Everyone makes mistakes, that's nothing surprising. Frankly, you can be wrong more than right and still do well if those right ones are big winners.
I can't say I subscribe or operate like this always but many would say if you're quick to recognize the losers and cut the losses while letting the winners run, you'll still do very well despite potentially being wrong more than right.
Also mentioned on WAYT, and it may have been in the Buffet letter, but if you let the winners run, the losers will just fade away. Ie the winners become larger positions in the portfolio while the losers become smaller, without having to do anything else, such as selling your losers.
Can only lose 100% on a position, but you can be up 1000% or more.
Some of Buffett's best advice. If you keep trimming the flowers, your garden will have nothing but weeds.
I tend to accumulate rather than cut the loss, mind you I operate in the "safety" of large/megacap names, also often ones that have already taken a hit. So there's a cushion there as well. It's burned me in the financial crash (don't touch financials now) but it generally works for me. Provided there's some quality there, the turn eventually comes to varying degrees... sometimes big like the last tech crash.
It's not that cutting losses quick and letting winners run is a wrong either. It's a psychology thing imo (I always say know your own psychology), so you have to be of a certain mindset to take the repeated (smaller) losses which I don't know that I have. I'm more of if I think there's something here, I'm going to accumulate and wait if necessary.
It is hovering around the 200DMA and other longer term MA support but it's holding for now. It's dancing around that area. Should it break, I wouldn't rule out the low 90s to low 100s area as the next area of support.
No issue with margins. Jensen spoke about this for months. Slightly lower margins during the Blackwell ramp up and then they will increase back to the mid 70s.
Not sure what BTBF means. No bear market until the S&P is down 20%. As of now, it's down like 4%.
LOL! Good one. And yes, buying the dips always works for the broad indexes (and most of the time for quality stocks). Just depends on the time it takes.
Alert from FS Insights:
SPX getting close to bottoming as sentiment reaches extremes
- 2-week steep slide for US Equities looks close to bottoming.
- Technology remains in good shape despite this past week’s decline.
- AAII sentiment has reached one of the most bearish levels of all time.
SPX getting close to bottoming as sentiment reaches extremes
- 2-week steep slide for US Equities looks close to bottoming.
- Technology remains in good shape despite this past week’s decline.
- AAII sentiment has reached one of the most bearish levels of all time.
I sold CAVA around $120 and bought it back today. I don’t understand why a lot of these food stocks are getting crushed especially with little tariff exposure.
CMG still not under $50, but probably a very good buy at $52'ish. As for CAVA, can't figure out how much of its price action is due to good business results versus meme stock dynamics.
I'm in SHAK and probably going to buy CMG soon. Any others? SG and CAVA seem so meme'y.
I haven’t stepped in yet but keeping an eye on both of them.
MCD which has been languishing for awhile on the other hand has done better lately.
Bought more CAVA at $95 and added to a decent size position. Definitely a roller coaster, but I love this play long term.
It's had what looks like a definitive break of its 200DMA but also oversold at least on a short term basis so possible bounce may happen. I'm still waiting on it for now.
Ha. On this weeks Compound and Friends Josh Brown blows this argument out of the water. Basically calls me a dickhead.
On this week’s episode, I remember JB saying:
“That RU-05 guy on the Rutgers Rivals board is a dickhead”
Might be paraphrasing.
And Jim L = buy CSCO
I know. Now i want to buy that too.On this week’s episode, I remember JB saying:
“That RU-05 guy on the Rutgers Rivals board is a dickhead”
Might be paraphrasing.
And Jim L = buy CSCO
I think CSCO screams for leap calls. Nice uptrend but it's not a stock that will 2-3x anytime soon. A 20-30% move would be big. Leaps would maximize the rally.
Lag seven continues to underperform.
PM and T keep flying and both hit another 52 week high. VZ having another solid day. For now, the defensive stocks are in favor, but for how long? I might up my modest exposure in tech, but just on the margins
PM and T keep flying and both hit another 52 week high. VZ having another solid day. For now, the defensive stocks are in favor, but for how long? I might up my modest exposure in tech, but just on the margins