Stock Thread (18 Viewers)

[FreeBaGeL]

SE, SE, wherefore art thou?

Oh jeez I hadn't even looked at that today.

 

[Capella]

SE, SE, wherefore art thou?

357 a share just 13 months ago.

 

[Sand]

SE, SE, wherefore art thou?

Oh jeez I hadn't even looked at that today.

You should have taken the hint and not looked. GB. I can't find any news corresponding to today's action, either.

 

[Orange&Blue]

SE, SE, wherefore art thou?

357 a share just 13 months ago.

I bought at 120 and sold at 340. At the time I was thinking I might be missing out on the next apple, but decided not to be greedy. Capital gains made mine/wife's Roth contributions and a family trip to universal.

 

[GoBirds]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

 

[Capella]

Santa ain’t comin this year boys

 

[McBokonon]

Santa ain’t comin this year boys

I logged into Fidelity this morning and they just showed a picture of Santa’s bloody head on a pike as a warning to others.

 

[pecorino]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

Long term, this seems like a good investment. The question is what would you have done with that cash otherwise?

 

[GoBirds]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

Long term, this seems like a good investment. The question is what would you have done with that cash otherwise?

Money market, booze, dancers?

 

[stinkzmagee]

Weeeeeeeeeee “investing” is fun.

Anyway, what’s some favorite blue chips that pay nice dividends (4% +) that are getting into steal territory? My appetite for super risky stocks has been pretty much ruined, but surely these blue chips are safer and starting to have some nice upside, right?

To add to this, I think energy and utilities could have more run but I’m thinking bottom feeding here…

Communications sector has gotten wrecked. I’m in some T, VZ also looks attractive but don’t think I need both of them.

Real Estate sector also down pretty bad, CCI and AMT look attractive if they drop another 20% or so.

Consumer discretionary has held up quite well. I was really hoping to snag HD and SBUX on larger discounts. Will keep on watch but not buying here.

Technology the big names aren’t dividend payers. I’ve been adding INTC.

 

[pecorino]

Weeeeeeeeeee “investing” is fun.

Anyway, what’s some favorite blue chips that pay nice dividends (4% +) that are getting into steal territory? My appetite for super risky stocks has been pretty much ruined, but surely these blue chips are safer and starting to have some nice upside, right?

To add to this, I think energy and utilities could have more run but I’m thinking bottom feeding here…

Communications sector has gotten wrecked. I’m in some T, VZ also looks attractive but don’t think I need both of them.

Real Estate sector also down pretty bad, CCI and AMT look attractive if they drop another 20% or so.

Consumer discretionary has held up quite well. I was really hoping to snag HD and SBUX on larger discounts. Will keep on watch but not buying here.

Technology the big names aren’t dividend payers. I’ve been adding INTC.

Sure, there are individual names with dividends that are steals here like VZ. Why not just buy a basket using an ETF? I like vanguard and they offer several. They’ll get you 3%. Riskier but I’m the same vein, Todem-approved ADX gets you about 7%.

For single companies, VZ gets you 7% which would be my top pick. I’m steering clear of real estate in 23.

 

[pecorino]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

Long term, this seems like a good investment. The question is what would you have done with that cash otherwise?

Money market, booze, dancers?

So 0.05%, -eleventeen %, and/or herpes? I’d say AMZN is the wiser choice.

 

[stinkzmagee]

Weeeeeeeeeee “investing” is fun.

Anyway, what’s some favorite blue chips that pay nice dividends (4% +) that are getting into steal territory? My appetite for super risky stocks has been pretty much ruined, but surely these blue chips are safer and starting to have some nice upside, right?

To add to this, I think energy and utilities could have more run but I’m thinking bottom feeding here…

Communications sector has gotten wrecked. I’m in some T, VZ also looks attractive but don’t think I need both of them.

Real Estate sector also down pretty bad, CCI and AMT look attractive if they drop another 20% or so.

Consumer discretionary has held up quite well. I was really hoping to snag HD and SBUX on larger discounts. Will keep on watch but not buying here.

Technology the big names aren’t dividend payers. I’ve been adding INTC.

Sure, there are individual names with dividends that are steals here like VZ. Why not just buy a basket using an ETF? I like vanguard and they offer several. They’ll get you 3%. Riskier but I’m the same vein, Todem-approved ADX gets you about 7%.

For single companies, VZ gets you 7% which would be my top pick. I’m steering clear of real estate in 23.

Definitely have been picking up ADX. I like some of the individual names as I like to write covered calls on them when the chart looks extended

 

[FreeBaGeL]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

Long term, this seems like a good investment. The question is what would you have done with that cash otherwise?

Money market, booze, dancers?

So 0.05%, -eleventeen %, and/or herpes? I’d say AMZN is the wiser choice.

FWIW, money market is closer to 4% right now.

Heck, with smaller banks (SoFi!) you can get 3-4% in your CHECKING account these days.

 

[Ridgeback]

Yeah, I was gonna roll another 10k into a treasury at 4.75 but my Betterment account is offering 3.75 for their savings account. I might opt for that just to have the flexibility to jump back in sooner next year if things trend change.

 

[SFBayDuck]

Yeah, I was gonna roll another 10k into a treasury at 4.75 but my Betterment account is offering 3.75 for their savings account. I might opt for that just to have the flexibility to jump back in sooner next year if things trend change.

I've sold a few things in my Fidelity accounts, but not rushing to get the money back in as their Money Market Account is paying 3.68% right now.

 

[GoBirds]

Am I stupid for adding more AMZN at these levels? Keep taking bites, the P/E ratio is way high compared to non growth stocks still but that’s apples/oranges isn’t it?

Can’t help myself.

Long term, this seems like a good investment. The question is what would you have done with that cash otherwise?

Money market, booze, dancers?

So 0.05%, -eleventeen %, and/or herpes? I’d say AMZN is the wiser choice.

Getting 3.9% in money market right now though, not bad.

 

[General Malaise]

Stocks and their family are a real ****.

 

[humpback]

Good thing he doesn't need the money because Musk is just lighting it on fire.

 

[ghostguy123]

Good thing he doesn't need the money because Musk is just lighting it on fire.

Maybe he's looking to buy back some stock that he sold a while back

 

[Sand]

Good thing he doesn't need the money because Musk is just lighting it on fire.

Great minds think alike, because evidently so am I.

 

[tommyGunZ]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

 

[pecorino]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

 

[ChiefD]

UWMC must not be worried about money. Looks like Mat Ishbia is buying the Phoenix Suns and Phoenix Mercury.

 

[FreeBaGeL]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

It wasn't that long ago P/E was over 1,000, so by that metric it's a deal!

 

[FreeBaGeL]

I swung trade TSLA last time the sentiment was in the dumps and it worked out great so I'm going to try again here, cautiously.

 

[fruity pebbles]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

It wasn't that long ago it was over 1,000, so by that metric it's a deal!

I think it split between then and now

 

[FreeBaGeL]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

It wasn't that long ago it was over 1,000, so by that metric it's a deal!

I think it split between then and now

Splits shouldn't affect P/E ratio since EPS is changed by the same amount as share price. IE share price is 1/5th of what it was pre-split but so is EPS, so it cancels each other out.

 

[fruity pebbles]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

It wasn't that long ago it was over 1,000, so by that metric it's a deal!

I think it split between then and now

Splits shouldn't affect P/E ratio since EPS is changed by the same amount as share price. IE share price is 1/5th of what it was pre-split but so is EPS, so it cancels each other out.

Sorry,misunderstood. Thought we were referring to the price.

 

[FreeBaGeL]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I was thinking the same thing today and even looked at some calls. Then I remembered that I hate Tesla, that I shouldn't try to catch a falling knife and that their P/E is over 40. I'll keep watching it, though.

It wasn't that long ago it was over 1,000, so by that metric it's a deal!

I think it split between then and now

Splits shouldn't affect P/E ratio since EPS is changed by the same amount as share price. IE share price is 1/5th of what it was pre-split but so is EPS, so it cancels each other out.

Sorry,misunderstood. Thought we were referring to the price.

Ah, yes I can see how that would be confusing after re-reading my post. I meant P/E ratio was over 1,000.

 

[Capella]

I swung trade TSLA last time the sentiment was in the dumps and it worked out great so I'm going to try again here, cautiously.

I’ve been in and out of Tesla a lot over the last few years and the price right now is tasty but him using that company to fund his Twitter fiasco isn’t comforting.

 

[General Malaise]

I'd rather own CYDY than TSLA right now. That guy is toxic sludge.

 

[tommyGunZ]

I'd rather own CYDY than TSLA right now. That guy is toxic sludge.

Yeah, besides not being able to sleep, in general as a low risk investor I prefer CEO’s who are wise and humble enough not to display their ignorance on a public stage on a daily basis. Did you listen to that Twitter Space last night where a Netflix engineer completely made Elon look like a fool by asking him basic IT engineering questions and Musk had no clue?

I’ll never be rich, but I feel much more confident with my money invest in Tim Cook.

 

[BassNBrew]

Commie pinko liberal here. Thinking about picking up some TSLA. If Musk leaves twitter, goes back to TSLA, a big bounce seems likely.

He’s hurt the company big time in the near term, but people have short memories.

I'd rather own CYDY than TSLA right now. That guy is toxic sludge.

Yeah, besides not being able to sleep, in general as a low risk investor I prefer CEO’s who are wise and humble enough not to display their ignorance on a public stage on a daily basis. Did you listen to that Twitter Space last night where a Netflix engineer completely made Elon look like a fool by asking him basic IT engineering questions and Musk had no clue?

I’ll never be rich, but I feel much more confident with my money invest in Tim Cook.

Wow that was impactful on your thoughts.

 

[tommyGunZ]

Yes, listening to Musk being undressed and laughed at by engineers last night was sobering. I know my own biases, and I try not to let them affect my investments, so occasionally I go too far the other way and ignore the obvious. Last nights real time discussion and more subsequent reading the last 24 hours leads me to keeping my $ elsewhere.

 

[ConstruxBoy]

Yes, listening to Musk being undressed and laughed at by engineers last night was sobering. I know my own biases, and I try not to let them affect my investments, so occasionally I go too far the other way and ignore the obvious. Last nights real time discussion and more subsequent reading the last 24 hours leads me to keeping my $ elsewhere.

That's smart investing.

 

[beef]

FU too Santa!

 

[JB Breakfast Club]

Krampus is back

 

[beef]

Seems like my 401k/IRA contributions always happen on the rally days and never ones like this. Since I have years until retirement I love this market collapse to load up on, but I swear I'm probably missing out on 10-15+% just from horrible timings. My last big deposit was on the 13th.

 

[Sand]

Sold a bunch of stuff, including PLTR, SOFI, and a couple others to capture tax losses. Bought some FANG with the (diminished) proceeds. In my IRA bought some GS and MS bonds at 5.625%. Figured I'd capture some of these while yields were high.

Now that I'm done selling the chances of finishing green on the day have shot up exponentially.

 

[SFBayDuck]

Sold a bunch of stuff, including PLTR, SOFI, and a couple others to capture tax losses.

Going to cut bait on this one for tax loss harvesting as well.

 

[McBokonon]

I was going to say that not renewing Sunday Ticket was probably the first smart thing $T has done in over a decade but then I learned they spun off DirectTV a while back, so I guess I’m still waiting.

 

[jvdesigns2002]

I swung trade TSLA last time the sentiment was in the dumps and it worked out great so I'm going to try again here, cautiously.

I dont disagree with your sentiment or call-but I think Tesla falls moderately to significantly before it bounces back. Way more competition in the EV space, has a lot of exposure in China, elon might have to sell off more shares in order to finance his twitter and other investments, still trades At significantly higher multiples than other automakers in the EV space, and in my opinion- somewhat aging design styles in the model C and S. On top of that- you have economic headwinds on the macro side of the markets. With that said- you mentioned that you are cautiously implementing your strategy- which certainly makes sense.

 

[SFBayDuck]

Sold a bunch of stuff, including PLTR, SOFI, and a couple others to capture tax losses.

Going to cut bait on this one for tax loss harvesting as well.

Think I'm going to also lock in some losses by swapping some QQQ for ONEQ.

 

[FreeBaGeL]

I swung trade TSLA last time the sentiment was in the dumps and it worked out great so I'm going to try again here, cautiously.

I dont disagree with your sentiment or call-but I think Tesla falls moderately to significantly before it bounces back. Way more competition in the EV space, has a lot of exposure in China, elon might have to sell off more shares in order to finance his twitter and other investments, still trades At significantly higher multiples than other automakers in the EV space, and in my opinion- somewhat aging design styles in the model C and S. On top of that- you have economic headwinds on the macro side of the markets. With that said- you mentioned that you are cautiously implementing your strategy- which certainly makes sense.

I think this part makes sense to some extent though as Tesla's margins are out of this world compared to the traditional automakers. Those old timers are stuck paying dividends, pensions, and letting dealerships and salespeople siphon off a huge chunk of their profits. Tesla does similar total net profit to Toyota (who is pretty much the class of the industry) despite selling 10% as many vehicles. Ford is lucky if they even make a profit in a given quarter.

But regardless, I'm not really buying as 10 year hold. Just a swing trade because sentiment on Tesla changes fast, and they have a tendency to deliver surprisingly good sales figures and then the cult just starts buying again. I'm not going crazy with it, I'll average in a little more every few weeks as I think you're right, I doubt they've hit the bottom yet.

 

[ghostguy123]

Merry Xmas, geeze

 

[ghostguy123]

So Amazon is at like 2019 prices? Yeesh

 

[Capella]

Perfect ending to the year imo

 

[Capella]

So Amazon is at like 2019 prices? Yeesh

Crazy. Hate that I’m done buying for a while. Sucks.

 

[ChiefD]

The stock market is playing prison rules.