Stock Thread (12 Viewers)

[fruity pebbles]

I think I'm going ALL CASH tonight.

Anyone else think we're headed for a recession with this America First strategy?

Everybody Wang Chung tonight.

I can’t tell if he’s serious or trolling us lol

 

[Sand]

Semis might run tomorrow

Yep

595K views · 49K reactions | Wile E. Coyote Falling | Wile E. falling just never gets old to us! | By Looney Tunes | Facebook

Wile E. falling just never gets old to us!

www.facebook.com

 

[SFBayDuck]

For those looking for deals.

% Below 52-Week High
Gold: -1%
US Bonds: -2%
S&P: -7%
Apple: -9%
Microsoft: -15%
Google: -17%
Amazon: -17%
Bitcoin: -18%
Nvidia: -28%
Palantir: -36%
MicroStrategy: -44%
Tesla: -46%
Ethereum: -46%
Dogecoin: -59%
Trump Media: -72%
Trump Coin: -82%
Fartcoin: -89%
Melania Coin: -94%

 

[fruity pebbles]

For those looking for deals.

% Below 52-Week High
Gold: -1%
US Bonds: -2%
S&P: -7%
Apple: -9%
Microsoft: -15%
Google: -17%
Amazon: -17%
Bitcoin: -18%
Nvidia: -28%
Palantir: -36%
MicroStrategy: -44%
Tesla: -46%
Ethereum: -46%
Dogecoin: -59%
Trump Media: -72%
Trump Coin: -82%
Fartcoin: -89%
Melania Coin: -94%

I’ll add the Nasdaq is now down over 10% and the semi indexes are down about 25% and the median semi stock in the index is down 34%.

 

[The Duff Man]

Need some good news to steady the ship here.

Based on Canada/US talks it looks like odds of a trade war have increased as Canada is signalling they are tired of the on again/off again act.

Not helpful that the leaders despise each other but maybe things improve as Trudeau will be out next week.

 

[ericttspikes]

That January spike was a godsend to trim. I don't see how we don't have a recession at this point.

 

[BassNBrew]

That January spike was a godsend to trim. I don't see how we don't have a recession at this point.

Still in her record-breaking era: Taylor Swift tour smashes record with $2-billion revenue

Taylor Swift's record-breaking Eras tour concluded Sunday. Her production company, Taylor Swift Touring, confirmed that it sold more than $2 billion in tickets.

www.latimes.com

Not even close

 

[pecorino]

Saw Scott Bessent on CNBC this morning. Did not instill confidence in me. Sounded like he was lying on several occasions. Couple that with the flip flopping tariffs, this doesn’t look great for the home team. I’m in camp recession.

 

[fruity pebbles]

Some nice deals in big cap tech imo. Picked up some more Meta at 605. I’ll keep buying this one in increments if it moves further down. Forward PE of 23. MSFT and Google have stabilized some.

 

[Redwes25]

I am not a fan of Tariffs but if Trump is going to do these Tariffs I think he should just implement them. All this back and forth is creating unnecessary uncertainty and volatility.

 

[General Malaise]

I had the good sense to unload 1/4 of my BROS at $85.18 (which was a gift from heaven) and then got rid of the rest when I was full of panic and sold the rest at $76.25. I think another poster here identified this stock as a good 'trader' early on, not long after its IPO and I think it might just be setting a new ceiling/floor as a rental. I'm watching it to see where it settles. Would imagine BROS tests $60 before it shoots back up again. If I buy again, I'll let you know. I still think it's a long-term winner, but it's got some maturity to go through first and it seems to be volatile when earnings are released.

BROS broke $60 this morning but has bounced some. I'm tempted here, but think I should wait until closer to the close to see what it's doing.

 

[Schmeabs]

I am not a fan of Tariffs but if Trump is going to do these Tariffs I think he should just implement them. All this back and forth is creating unnecessary uncertainty and volatility.

I still believe it is a negotiation process and there will not be any prolonged economic damage from the tariffs. The volatility is crazy and it will continue. Definately an opportunity to make some tactical trades during these swings.

 

[General Malaise]

Also starting to look at NKE again. Fell off a cliff this past summer and has been bouncing around the 70s since. Got a recent upgrade but with uncertainty in tariffs, maybe not the wisest place to park money. Still, if it can break $80 again, I wonder if it has legs to get back above $100. Recent upgrade target is $115 from DBS Bank.

 

[General Malaise]

Also starting to look at NKE again. Fell off a cliff this past summer and has been bouncing around the 70s since. Got a recent upgrade but with uncertainty in tariffs, maybe not the wisest place to park money. Still, if it can break $80 again, I wonder if it has legs to get back above $100. Recent upgrade target is $115 from DBS Bank.

Talked myself into it. In small at $78ish.

 

[NajehHejan]

Spidey sense telling me oil prices will go up soon.

Just scooped up some GUSH after hours at 22.62. It’s the 2x bull ETF. I think the corresponding 2x bear ETF DRIP has had its run for now.

Out at 23.64 for a small gain. That one took years off my life.

 

[NajehHejan]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

 

[Bob Sacamano]

Anyone still in or interested in entering SOUN at this point? Would love your perspective.

 

[McBokonon]

$RDFN getting bought by $RKT. $RDFN was a 2020 darling, trading up to around $90 at one point. Up 69% pre-market to $9.84. I still don’t like the RKT/UWMC space at all.

 

[pecorino]

S&P nearing correction territory. Nibble, nibble. Buying back some JPM and QQQ this morning.

 

[Nugget]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

funded half my Roth this morning - SOXL at 19.00

 

[jvdesigns2002]

I’m still waiting on the sidelines. I’m not going to lie, some names are starting to look tempting, but I’m sticking to my hypothesis. Feels to me like the market still has to digest a lot of employment and tariff data. A lot of people that got laid off or are getting laid off have gotten decent severance packages. I don’t know if we’ll feel a lot of the effects of this quick moving administration for at least 3-6 months and I feel like there is still a healthy runway for volatility and movement downwards in the near future. I’m certainly not trying to time the bottom of the market, but I don’t feel like we are at or near it. I hope and prefer that I’m wrong.

 

[Todem]

S&P nearing correction territory. Nibble, nibble. Buying back some JPM and QQQ this morning.

Finally a 401K contribution day that is blood red.

Glass half full long term thinking folks.

 

[The_Man]

I’m still waiting on the sidelines. I’m not going to lie, some names are starting to look tempting, but I’m sticking to my hypothesis. Feels to me like the market still has to digest a lot of employment and tariff data. A lot of people that got laid off or are getting laid off have gotten decent severance packages. I don’t know if we’ll feel a lot of the effects of this quick moving administration for at least 3-6 months and I feel like there is still a healthy runway for volatility and movement downwards in the near future. I’m certainly not trying to time the bottom of the market, but I don’t feel like we are at or near it. I hope and prefer that I’m wrong.

I'm still waiting for the resolution of the federal budget deal. I'm not trying to time a bottom either, as soon as a budget agreement is reached, I'm probably going to be 100% back in.

But I remain skeptical they're going to get something done by Friday and - if they don't - I can see the shutdown going on and on until it really messes things up and/or completely rattles the market

 

[jvdesigns2002]

I’m still waiting on the sidelines. I’m not going to lie, some names are starting to look tempting, but I’m sticking to my hypothesis. Feels to me like the market still has to digest a lot of employment and tariff data. A lot of people that got laid off or are getting laid off have gotten decent severance packages. I don’t know if we’ll feel a lot of the effects of this quick moving administration for at least 3-6 months and I feel like there is still a healthy runway for volatility and movement downwards in the near future. I’m certainly not trying to time the bottom of the market, but I don’t feel like we are at or near it. I hope and prefer that I’m wrong.

I'm still waiting for the resolution of the federal budget deal. I'm not trying to time a bottom either, as soon as a budget agreement is reached, I'm probably going to be 100% back in.

But I remain skeptical they're going to get something done by Friday and - if they don't - I can see the shutdown going on and on until it really messes things up and/or completely rattles the market

I think your plan makes sense. I certainly could understand that course of action. My concerns with the market extend past the federal budget deal (I do think they’ll figure something out in the 11th hour). My concerns are based on this hypothesis (I want to make clear to any member or admin of the forum that this is not me spewing any political belief.This is a political/economic prediction that I have and I’m solely bringing it up to show the relationship to my hypothesis on the markets): I think that for this administration to get the goals that it wants (reduce inflation, reduce interest rates so that the US can try to refinance it’s debt at lesser rates, to reduce the size of government, deregulation..etc)—there will have to be some dirty work done. The pandemic era created and resulted in a time where the markets were largely driven by government action (printing of currency, military actions that resulted in a lot of government contracts to defense companies, massive stimulus efforts..etc). The dirty work that needs to be done in order to achieve the larger goals of this administration involve not only stopping those actions—but in some cases reversing them. The decisions and initial actions of this dirty work are happening now and have been happening for a few weeks—but it will take months for their true effects to be felt in scale by the public and in the markets. The administration is already preparing the public for uncomfortable/tough times—-so what I’m saying is not really going out on a limb. I think the markets will drop moderately in the near to mid future as these actions get digested—and I think that this will lead to some anger and frustration towards the government. This is where my political prediction comes into play. I think that the scapegoat of the future anger/frustration/unpopularity of these “necessary and uncomfortable” steps will fall onto Elon, and from that point on—the building back of the greener economic pastures and landscape (the part of the process where deregulation starts to set in, unemployment rates stabilize or start to improve, inflation starts to look more back to normal..etc)—will be something that our elected leader will take credit for. Effectively, my hypothesis is basically almost like a spring cleaning process. The first thing you have to do with a deep cleaning is to make a bigger mess. You empty the drawers, you separate the necessities from the trash before you put things back together in a leaner, cleaner, more organized and efficient manner. I believe we are still in the early stages of making a bigger mess” part of the process.

 

[The Duff Man]

Hard to discuss some other theories around this without getting political, but put me in the camp of: conditions have been right for a recession for a while and the policies being discussed will push us into one.

 

[Sleestak]

Responding to jvdesigns: What I know about macro could fill a thimble. That said, cutting the deficit meaningfully requires reducing SS, Medicare, and Medicaid payouts big time. Cutting a modest number of Feds, their agencies, and programs isn't going to get there. The only way to do that is via an ELE (Elon Level Event) and I'm not sure he has the juice, nor am I sure that this (or frankly any) administration has the pain tolerance. It will be interesting to see how that all plays out, and how it manifests in the markets. What dry powder I have is still in the bag with the silica gel. Will make sure to let everyone know when I put it to work, so they can profit off my ignorance by doing the opposite!

 

[jvdesigns2002]

Hard to discuss some other theories around this without getting political, but put me in the camp of: conditions have been right for a recession for a while and the policies being discussed will push us into one.

I certainly apologize if my post skated the edge a little too close. I feel like everybody here has made a legit effort to make sure that their posts are about the stock market—and even if their base case hypothesis are based on political overtones—I dont get the vibe that anybody here is staying off of topic. My point effectively was that the government has this way of creating scenarios that help them get their goals done. When the pandemic hit—the goal of our government was to prevent our markets and economy from sinking and they took drastic efforts to accomplish that. Sure—we are dealing with some ramifications of that policy—but they did accomplish keeping us afloat (perhaps they did that a little too well). In this case, the government has labeled what their goals are—and part of that goal is going to require lowered interest rates. If they want to fed to reduce rates—the fed needs motivation. This motivation will come in the form of increased unemployment (which the government layoffs is helping to create) and possibly increased inflation. Being that inflation reduction is the goal—I think they will focus more unemployment and they are going to create unemployment through laying off of government employees and most likely not giving as much government money out to other institutions and businesses. Effectively, for their plan to be effective-they need to create a temporary scenario where bad news is good news for the sake of their goal. I believe we are entering that phase—and some sort of recession is certainly in the range of outcomes. I am in the camp that if we have one, it won’t be a bad one—but it could be kinda sharp and short. In the meantime, I think we are dealing with a market where momentum has been all but drained, and the government backing that we’ve all gotten used to will be unavailable (at least temporarily).

 

[jvdesigns2002]

Responding to jvdesigns: What I know about macro could fill a thimble. That said, you aren't cutting the deficit meaningfully without reducing SS, Medicare, and Medicaid payouts big time. Cutting a modest number of Feds, their agencies, and programs isn't going to get there. The only way to do that is via an ELE (Elon Level Event) and I'm not sure he has the juice, nor am I sure that this (or frankly any) administration has the pain tolerance. It will be interesting to see how that all plays out, and how it manifests in the markets. What dry powder I have is still in the bag with the silica gel. Will make sure to let everyone know when I put it to work, so they can profit off my ignorance by doing the opposite!

I feel you. I have the same kind of thoughts when I draft fantasy players. If I draft them—they magically forget how to play their sport or immediately suffer some sort of injury. Being the kiss of death does kinda suck. lol

 

[The Duff Man]

Hard to discuss some other theories around this without getting political, but put me in the camp of: conditions have been right for a recession for a while and the policies being discussed will push us into one.

I certainly apologize if my post skated the edge a little too close. I feel like everybody here has made a legit effort to make sure that their posts are about the stock market—and even if their base case hypothesis are based on political overtones—I dont get the vibe that anybody here is staying off of topic. My point effectively was that the government has this way of creating scenarios that help them get their goals done. When the pandemic hit—the goal of our government was to prevent our markets and economy from sinking and they took drastic efforts to accomplish that. Sure—we are dealing with some ramifications of that policy—but they did accomplish keeping us afloat (perhaps they did that a little too well). In this case, the government has labeled what their goals are—and part of that goal is going to require lowered interest rates. If they want to fed to reduce rates—the fed needs motivation. This motivation will come in the form of increased unemployment (which the government layoffs is helping to create) and possibly increased inflation. Being that inflation reduction is the goal—I think they will focus more unemployment and they are going to create unemployment through laying off of government employees and most likely not giving as much government money out to other institutions and businesses. Effectively, for their plan to be effective-they need to create a temporary scenario where bad news is good news for the sake of their goal. I believe we are entering that phase—and some sort of recession is certainly in the range of outcomes. I am in the camp that if we have one, it won’t be a bad one—but it could be kinda sharp and short. In the meantime, I think we are dealing with a market where momentum has been all but drained, and the government backing that we’ve all gotten used to will be unavailable (at least temporarily).

You were fine.

I wanted to say more but didn’t

 

[BassNBrew]

$RDFN getting bought by $RKT. $RDFN was a 2020 darling, trading up to around $90 at one point. Up 69% pre-market to $9.84. I still don’t like the RKT/UWMC space at all.

Not sure what Rocket is going to do with Redfin.

I'm adding some UWMC on the 5.6% pullback. Puts the dividend yield at 6.6% although I will seel these new shares with any 5% pop before the ex-dividend date.

 

[BassNBrew]

Sticking with my plan of adding a couple of shares of Amazon, Meta, NVidia, and AMD, GBTC on any pullback. These will all look stupid cheap in the next two years.

I have some other names I want to add but unfortunately they have gone on a positive run during this downturn.

 

[ghostguy123]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

funded half my Roth this morning - SOXL at 19.00

This SOXL train is fun ain't it?

 

[NajehHejan]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

funded half my Roth this morning - SOXL at 19.00

This SOXL train is fun ain't it?

I took today off. An entry point at 18.05 is tempting, but I think we'll see 14/15 later this week.

 

[fruity pebbles]

Sticking with my plan of adding a couple of shares of Amazon, Meta, NVidia, and AMD, GBTC on any pullback. These will all look stupid cheap in the next two years.

I have some other names I want to add but unfortunately they have gone on a positive run during this downturn.

My plan as well. Adding to Amazon, Meta, Google and Microsoft and a little less so Nvidia, only because I am adding to a semi etf as well. Have a charts with buy points on each and methodically adding more. Today bought some Meta and Google.

 

[Nugget]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

funded half my Roth this morning - SOXL at 19.00

This SOXL train is fun ain't it?

I took today off. An entry point at 18.05 is tempting, but I think we'll see 14/15 later this week.

I’m buying my other half at $7.

 

[BassNBrew]

Where would Tesla stock be right now if Cathie Wood didn't want to have a child with Elon?

 

[pecorino]

Adding GOOG at $168.

 

[SFBayDuck]

Rebalancing band triggered in one of my aggressive accounts this morning, and not to the upside! Sold some GOVZ and IAUM, bought some UPRO.

 

[fruity pebbles]

Nasdaq down nearly 14% from high to low, whoosh that was quick.

 

[The Duff Man]

Where would Tesla stock be right now if Cathie Wood didn't want to have a child with Elon?

Missed the short opportunity on this one.

Slam dunk….in hindsight

Unless we haven’t fully missed it yet….

 

[fruity pebbles]

Where would Tesla stock be right now if Cathie Wood didn't want to have a child with Elon?

Missed the short opportunity on this one.

Slam dunk….in hindsight

Unless we haven’t fully missed it yet….

Even after this drop, it’s still incredibly expensive

 

[BassNBrew]

Tempting to swap all my Disney for Nvidia.

 

[General Malaise]

I see BROS crashed through 60....

Maybe 50 is the new 60.

 

[Ridgeback]

I see BROS crashed through 60....

Maybe 50 is the new 60.

I mistakingly sold in the mid 50's. I wouldn't mind to take another swing. Assuming there will still be enough people willing to pony up $6 for their sickingly sweet drinks.

 

[GoBirds]

Adding GOOG at $168.

I like that, may add to my pile too. Added some VTI and established a starting position in C.

 

[ghostguy123]

Whatcha buyin Todem?? Lol

The DOW, LYB, and DEO you mentioned I'm basically even on at this point. VRT down a little since I only bought a little and then some more today when down like 10%.

 

[General Malaise]

Probably should have held on to SQQQ and SDOW.

Oh well.

 

[ghostguy123]

Back in SOXL @ 20.02

Hoping to sell later today at 22.02 for 10% (IRA tax-free) gain

Are you DCA'ing? I bought at 20 and 19. Ready to DCA when it hits 18's.

Dang - I got greedy here - had I set my gain for 5% like the other day, instead of 10%, it looks like it may have just hit. I will DCA at 18 but not 19. This market is in bad shape.

Out at 20.88. Less than my goal but no way I’m holding over the weekend

funded half my Roth this morning - SOXL at 19.00

This SOXL train is fun ain't it?

I took today off. An entry point at 18.05 is tempting, but I think we'll see 14/15 later this week.

Or......today

 

[pecorino]

Relentless selling today but maybe the tide's turning into the close with a whipsaw rebound?

 

[NajehHejan]

I am tempted to deploy some cash today, but I just don't see any short term upside catalysts - only downside - nothing positive on the horizon