This is also why I don’t see Amazon as being in bad shape. They have so much in sales that of course they are getting hit by all the same factors. That’s why their report was good and should create a floor for going up from here.
Lol come on manIt's not in bad shape, but it's basically a grocery store chain
I will admit that I had to return a few things and have a big credit but I order so much more on Amazon now than I used to as I keep finding things I buy and if it’s the same as Target, I like having it dropped at my door.LOL - My partner is blaming the prime increase on me buying stuff in November from Amazon and then returning it all used January 31.
Stop reminding me. I was the idiot who brought it up to no replies and didn’t buy it or more U worried about Amazon.Congrats to anyone who bought SNAP on the dip yesterday.
GL man, I'm not going to join you. Although I am hearing a lot more talking heads saying they'll be taking profits and this run has to pullback soon.Never short oil. I got lucky with my DCAing over Tuesday and Wednesday and was able to sell everything yesterday and make almost a penny per share.
Then I saw NRGU down again bigly this morning and jumped right back in.
I am such an idiot.
New cost basis on NRGD at 3.299
I am using the ETF TIP@Todem- happy belated birthday, hope it was a good one! You mentioned a bit ago that the only bonds you’d be in are short term inflation protected. They seem to be taking a hit as well. With raising rates on the horizon and any duration being a killer, are we best maybe just holding cash? I am typically 80/20 and don’t want to be all in on equities. Maybe cash is the new bonds?
I am using the ETF TIP
Adjusted for inflation and yielding over 4% now. No more than a 3-4% weighting. And I am using floating rate credit (floating rate loan bond funds) which does very good in a rising interest rate environment.
And cash.
True, it's more like a Super Walmart with AWS instead of a dividendLol come on man
I just noticed that the "gallons" of Clorox I just got from Sam's were 122 ounces. Hopefully, that'll help.First ***** in the armor of consumer staples.
Clorox was down almost 13% pre market on a bad miss and pressure on margins from inflation and supply chain issues.
CLX is still way too rich here but I want to see if the virus of this report infects the pretty ones too that I like.
When defensive stocks start getting hit then I can feel more comfortable we may form a broad market bottom.
Link below has the 5 biggest ETF by size, in descending order. I checked out the top 3 and am gonna hop on the FLTR train myself.Can you please explain to us amateurs how to use "floating rate credit?"
There’s always one. I was 2.5% at one point. Volatility still rolling.
If you really want to be disappointed, measure the amount of beer bars give you in a "pint" glass.pollardsvision said:I just noticed that the "gallons" of Clorox I just got from Sam's were 122 ounces. Hopefully, that'll help.
Man that metaverse looks like something my kid drew. I’m sure they’ll continue to be a data mining Mecca and I own some but sheesh. They’re a laughing stock right now with the youngsters.FB is just getting slaughtered from a price and media perspective. Lots of talk about antitrust, competition, poor performance in the early metaverse stage, etc. I struggle over whether this is a real concern or just talking points to lower the price so big players can gobble it up.
The chart looks like many other tech stocks from late last year that continued to sell off another 30+% from here. Surely FB wouldn’t dip all the way down into the $150-$175 range, right? I mean I suppose it’s possible…
Lot's and lot’s of noise........the stock is on a fire sale.FB is just getting slaughtered from a price and media perspective. Lots of talk about antitrust, competition, poor performance in the early metaverse stage, etc. I struggle over whether this is a real concern or just talking points to lower the price so big players can gobble it up.
The chart looks like many other tech stocks from late last year that continued to sell off another 30+% from here. Surely FB wouldn’t dip all the way down into the $150-$175 range, right? I mean I suppose it’s possible…
I don’t own Facebook (though I’m not really philosophically opposed, really) but I got an Oculus over the weekend and it kind of blew my mind more than I expected.Man that metaverse looks like something my kid drew. I’m sure they’ll continue to be a data mining Mecca and I own some but sheesh. They’re a laughing stock right now with the youngsters.
No idea how much more FB falls, but it appears it has not hit its floor yet.FB is just getting slaughtered from a price and media perspective. Lots of talk about antitrust, competition, poor performance in the early metaverse stage, etc. I struggle over whether this is a real concern or just talking points to lower the price so big players can gobble it up.
The chart looks like many other tech stocks from late last year that continued to sell off another 30+% from here. Surely FB wouldn’t dip all the way down into the $150-$175 range, right? I mean I suppose it’s possible…
No idea how much more FB falls, but it appears it has not hit its floor yet.
I'm not sure if you are serious about charting but was looking at it earlier and $175 was the number I settled on.General Malaise said:5 year chart and my rusty, neophyte tech analysis suggests a floor of $175. And then, load up.
I read about Martin Pring's book 22 years ago and he's the like the godfather of charting. But I wasn't very good at TA and to be honest, the book put me to sleep most nights.I'm not sure if you are serious about charting but was looking at it earlier and $175 was the number I settled on.
Holding cash to buy at this price, if it doesn’t reach this level in the near future, I put the money to work in either Amazon or Apple.General Malaise said:5 year chart and my rusty, neophyte tech analysis suggests a floor of $175. And then, load up.
It’s amazing how delusional some of the AMC followers are. I’m still not a believer in GME either but they are two completely different situations. I saw some tweets about excitement for slashing some debt all the way down to 7.5%. That’s crazy high nowadays. Popcorn and free NFTs for movies,AMC ENTERTAINMENT - EXPLORING OPPORTUNITIES TO OFFER PREPACKAGED AND READY-TO-POP MICROWAVEABLE AMC THEATRES PERFECTLY POPCORN, IN SUPERMARKETS
Alternate Headline: “Business who insists it’s not dying kind of acting like it knows it’s dying.”
Madness. I've never wanted AMC to go away but the valuation was and still is ridiculous. Heck, I've enjoyed their theaters for a long time.AMC ENTERTAINMENT - EXPLORING OPPORTUNITIES TO OFFER PREPACKAGED AND READY-TO-POP MICROWAVEABLE AMC THEATRES PERFECTLY POPCORN, IN SUPERMARKETS
Alternate Headline: “Business who insists it’s not dying kind of acting like it knows it’s dying.”
Valuation is crazy. I don’t think there was a Gordon Gekko out there trying to bankrupt them, just a simple case of a dying business. Their revenue was already falling every year and then collapsed during the pandemic as streaming took off. They are a much worse business right now with revenue far off pre-pandemic levels, way more debt and way more competition and somehow the market cap is still way more than peak because the add 4x the total share count and most of their investors don’t understand that. I don’t think I’ve read a single AMC supporter ever post about fundamental numbers.Madness. I've never wanted AMC to go away but the valuation was and still is ridiculous. Heck, I've enjoyed their theaters for a long time.
Valuation is crazy. I don’t think there was a Gordon Gekko out there trying to bankrupt them, just a simple case of a dying business. Their revenue was already falling every year and then collapsed during the pandemic as streaming took off. They are a much worse business right now with revenue far off pre-pandemic levels, way more debt and way more competition and somehow the market cap is still way more than peak because the add 4x the total share count and most of their investors don’t understand that. I don’t think I’ve read a single AMC supporter ever post about fundamental numbers.
There will be more chances.TWLO up 27% after earnings. I’ll take that. Really starting to think I should have deployed what cash I had left (it’s more like 10% now) on 1/24 when a bunch of stocks looked nice. Still cautious but nice to see.