Stock Thread (9 Viewers)

[General Malaise]

Nike, oof.

I didn’t realize companies were still reporting earnings. Seems late.

Grrrrrrrrrrrrrr

 

[Sand]

Piggybacking on a bond question... I know when rates rise, bond funds sometimes dip because they're loaded with the older, lower rates. Is there an optimum time to jump into bond funds that'll be holding the new/higher rates? What can I look for to know which funds are the better options in the rate environment?

Bond markets are pretty efficient. The best time to jump in is at the high water mark for rates. If you can call that on the regular please be my PM buddy. I can't prognosticate, so am just buying and holding what I am comfortable with duration wise. Eventually these bond funds will catch up and have nice high yields as they buy new stuff. Or you can buy fixed duration ETFs or individual bonds and just hold to maturity and shortcut the whole "worrying about interest rates" thing. Or a mix, which is what I'm trying to do.

 

[beef]

Sold off a bunch of SOXL. Never been more excited to pay taxes either.

 

[kevzilla]

AFMJF was up exactly half a percent on 250% of average daily volume.

 

[Capella]

Was just thinking how boring this week has been and I guess everybody decided to take their year-end profits at once.

 

[Sand]

So I ended up +24.75% for the year, slightly beating the markets. And that's despite bonds being pretty sucky. My company stock that I've been plowing the max into the ESPP having doubled this year sure didn't hurt.

I'll happily take half the gain next year.

Expenses were pretty high this year and we ended up at exactly 33x expenses. Things that make you go hmmm...

 

[Capella]

My tech heavy account did a robust 72.91 this year. Mutual fund 24%. Tis a good year. Let’s do it again in 2024.

 

[Desert_Power]

So I ended up +24.75% for the year, slightly beating the markets.

I don't really have a good cumulative return number I calculate with all the different accounts and transactions. Net worth is easier to track and that is up by 27% this year.

Front loading the 401k max by the start of Feb worked out nicely too.

 

[ChiefD]

2024 is hungover.

 

[The General]

Yikes. Tech getting slapped around.

 

[Sand]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

 

[General Malaise]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

Apple and AMD getting hit hard, but APPL was up 42% and AMD +112% last year. Perspective and all.

 

[FreeBaGeL]

Dividend stocks having a pretty good day though. Start of a rotation into those now that people think HYSA rates will start going down?

 

[Sand]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

Apple and AMD getting hit hard, but APPL was up 42% and AMD +112% last year. Perspective and all.

AAPL got downgraded. Eh - that kind of thing always seems to be ephemeral.

 

[General Malaise]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

Apple and AMD getting hit hard, but APPL was up 42% and AMD +112% last year. Perspective and all.

AAPL got downgraded. Eh - that kind of thing always seems to be ephemeral.

The brokerage also cut the iPhone maker's price target to $160 from $161.


EVERYBODY IMMEDIATELY START TO PANIC!!!!!!1111

 

[The General]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

Apple and AMD getting hit hard, but APPL was up 42% and AMD +112% last year. Perspective and all.

AAPL got downgraded. Eh - that kind of thing always seems to be ephemeral.

The brokerage also cut the iPhone maker's price target to $160 from $161.


EVERYBODY IMMEDIATELY START TO PANIC!!!!!!1111

AAPL is at 185 so that’s not so great

 

[The General]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

The going up part is more fun.

 

[SFBayDuck]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

The going up part is more fun.

In accumulation phase, a sideways or even bear markets aren't a bad thing. But yeah, they still aren't fun as you watch the account balances diminish (it's net worth update day today, too!).

 

[Sand]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

The going up part is more fun.

In accumulation phase, a sideways or even bear markets aren't a bad thing. But yeah, they still aren't fun as you watch the account balances diminish (it's net worth update day today, too!).

Fun fact - the S&P is in all-time-high status about 5% of the time.

It is more fun when it goes up, though.

 

[The General]

Yikes. Tech getting slapped around.

We had like 9 straight up weeks. A slap around week was due.

The going up part is more fun.

In accumulation phase, a sideways or even bear markets aren't a bad thing. But yeah, they still aren't fun as you watch the account balances diminish (it's net worth update day today, too!).

The whole buy low, sell high thing!

 

[pecorino]

If you don’t have a position in DEO

Start one today.

Never heard of this one, so is this it? Do you have a catalyst or a reasoning why this is buy for you?

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaca, and brandy, as well as beer, including cider and flavoured malt beverages.

I have talked about this one since 2020 when I started posting in here.

I love booze companies.......and this is one of the finest in class.

A staple and defensive position for sure. It’s on sale.

Bumping this. DEO is trading around $143 again, right around those lows on November 10. If you did not get in then, the opportunity is still there to buy.

 

[pecorino]

I keep looking at rotating into VNQ (a Vanguard REIT) or VDC (a Vanguard staples ETF). But with the Vanguard money market still paying 5.3% at zero risk, I'm standing pat. I've never held so much cash--right around 20%--but until rates start to drop, I'll take the risk-free 5.3%, thank you very much. The corollary is that when rates begin to fall again, there should be a significant influx of cash into markets.

 

[Todem]

I keep looking at rotating into VNQ (a Vanguard REIT) or VDC (a Vanguard staples ETF). But with the Vanguard money market still paying 5.3% at zero risk, I'm standing pat. I've never held so much cash--right around 20%--but until rates start to drop, I'll take the risk-free 5.3%, thank you very much. The corollary is that when rates begin to fall again, there should be a significant influx of cash into markets.

Being proactive in getting into those beaten down sectors before the first rate cuts start coming in is what it's all about long term.

Get ahead of the herd.

And BTW not all at once but start taking positions.

 

[Capella]

Can we go back to 2023

 

[JB Breakfast Club]

Jobs and wage report threading the needle of good but not too good.

 

[dancingbones]

Took a nibble at MPW today - health care REIT down 30% today on poor client news - at today's price the dividend yield is 17%

Seems to me like someone will keep renting hospitals even if that client goes under.
Useful to note I came in last in the 2023 stock picking contest though , so proceed with caution!

 

[Sand]

Useful to note I came in last in the 2023 stock picking contest though

That's my designated spot, bub.

 

[Todem]

We ar

Can we go back to 2023

We are 4 trading days in brohan.

Relaaaaaaaaaax. Buckle up for first half volatility.

 

[McBokonon]

I had governance concerns on EBS and BA but basically got told not to be a worrying Walter.

Now $BA has Alaska Air grounding all 737 MAX 9’s because of that window blowing out. No idea what this does to the stock on Monday but these guys can’t get out of their own way.

 

[Capella]

We ar

Can we go back to 2023

We are 4 trading days in brohan.

Relaaaaaaaaaax. Buckle up for first half volatility.

lol oh I’m fine. I’ve had way worse weeks for sure.

 

[Irish3]

Did any of you who bought Humanigen stock get the court- ordered legal notice of a class action settlement against them?

 

[Capella]

Did any of you who bought Humanigen stock get the court- ordered legal notice of a class action settlement against them?

I did not. The company is worth less than my car so I don’t really see what the point would be.

 

[McBokonon]

I had governance concerns on EBS and BA but basically got told not to be a worrying Walter.

Now $BA has Alaska Air grounding all 737 MAX 9’s because of that window blowing out. No idea what this does to the stock on Monday but these guys can’t get out of their own way.

$BA down about 7% pre-market. $SPR (Spirit Aerosystems) down 16% premarket, though, so if the narrative shifts to fully blaming them and you aren’t worried about Boeing’s governance, then maybe you get a sale. I’m still avoiding these guys.

 

[The General]

Morning NVDA :schwing:

 

[General Malaise]

The iPhone falling out of an airplane at 16,000 feet and still working has to be in the works for a marketing campaign for APPL, right?

 

[tommyGunZ]

The iPhone falling out of an airplane at 16,000 feet and still working has to be in the works for a marketing campaign for APPL, right?

4chan boards probably blaming Tim Cook for the Alaskan door blowout. :CONSPIRACY:

 

[SFBayDuck]

The iPhone falling out of an airplane at 16,000 feet and still working has to be in the works for a marketing campaign for APPL, right?

Did you find it in your yard?

 

[Bob Sacamano]

Forget the phone. I want to know what kind of case was on that thing.

 

[Capella]

Forget the phone. I want to know what kind of case was on that thing.

Yea, exactly. I’ve dropped my iPhone on my kitchen floor and it cracked.

 

[General Malaise]

The iPhone falling out of an airplane at 16,000 feet and still working has to be in the works for a marketing campaign for APPL, right?

Did you find it in your yard?

Not far off....

 

[The General]

Morning NVDA :schwing:

Double :schwing:

 

[McBokonon]

Anyone hopping into a Bitcoin ETF tomorrow?

 

[stbugs]

Anyone hopping into a Bitcoin ETF tomorrow?

If GBTC transitions then I will. Haven’t heard of anything is official.

 

[Bob Sacamano]

Anyone hopping into a Bitcoin ETF tomorrow?

If GBTC transitions

Borderline political. Bvwih

 

[McBokonon]

Anyone hopping into a Bitcoin ETF tomorrow?

If GBTC transitions then I will. Haven’t heard of anything is official.

They are.

 

[Capella]

Anyone hopping into a Bitcoin ETF tomorrow?

Not a chance in hell. Done with that crap.

 

[General Malaise]

Explain bitcoin to one of your grandparents who died 20 years ago. Do it like a Tweet - 148 characters or less.

I'd like to hear it. Convince me.

 

[McBokonon]

Anyone hopping into a Bitcoin ETF tomorrow?

Not a chance in hell. Done with that crap.

c’mon, gamble on options with me. You love the action!

 

[fruity pebbles]

Anyone hopping into a Bitcoin ETF tomorrow?

I don’t get bitcoin, as much as I try and understand it, so no. I don’t get it even more now that it’s becoming more and more institutionalized. Each their own though, just not for me.

 

[Capella]

Anyone hopping into a Bitcoin ETF tomorrow?

Not a chance in hell. Done with that crap.

c’mon, gamble on options with me. You love the action!

Lmao You may as well do the crack with glass in it