Stock Thread (29 Viewers)

[urbanhack]

Something to watch here: https://www.theverge.com/2024/9/30/...quartz-chip-mining-north-carolina-spruce-pine

We may need @BassNBrew to do recon.

Also just reading that PYRGF could possible be used to process lower quality quartz if there is an issue.

 

[GoBirds]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

 

[Todem]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

I already positioned into O and GLPI a while ago as well as intermediate Corp Bonds, High Yield Corporates and emerging market debt in anticipation of rate cuts. Also Small Caps on the stock side. And I gave the bat signal here last October 2023 on utilities when the sector dropped to a 5 year low.

 

[urbanhack]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

I already positioned into O and GLPI a while ago as well as intermediate Corp Bonds, High Yield Corporates and emerging market debt in anticipation of rate cuts. Also Small Caps on the stock side. And I gave the bat signal here last October 2023 on utilities when the sector dropped to a 5 year low.

VICI?

 

[GoBirds]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

I already positioned into O and GLPI a while ago as well as intermediate Corp Bonds, High Yield Corporates and emerging market debt in anticipation of rate cuts. Also Small Caps on the stock side. And I gave the bat signal here last October 2023 on utilities when the sector dropped to a 5 year low.

Anywhere you see that’s still a decent value at this time compared to others?

 

[General Malaise]

Doomberg with a really bullish piece on Tin. Sent it to @kevzilla

Any other tin guys that want to read it, HMU.....I'll get it over to you. Alphamin having a nice little run of late.

 

[Todem]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

I already positioned into O and GLPI a while ago as well as intermediate Corp Bonds, High Yield Corporates and emerging market debt in anticipation of rate cuts. Also Small Caps on the stock side. And I gave the bat signal here last October 2023 on utilities when the sector dropped to a 5 year low.

Anywhere you see that’s still a decent value at this time compared to others?

Nothing is screaming at me. Literally nothing. I am doing rebalancing already and planning 2025.

I am taking some profits for those that are not 100% stocks and reallocating to more fixed income. For example if the target allocation is 70/30 and the portfolio is currently sitting at 85/15 we are taking that 15% overweight and selling it and buying more on the fixed income side.

Just doing some risk adjustment type stuff.

If we get a decent sized correction then we can shift heavier into equites again.

For 100% equity portfolio...just trimming some profits here and there and selling any dogs or stagnant stocks I don't really see doing much over the next 12-18 and especially if they don't pay dividends.

But generally speaking...staying long as always and not doing anything drastic.

 

[pecorino]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

 

[Monty Burns]

With rates dropping do you all like any high yield options like REITs/O ? Where are you jumping into in anticipation of rates lowering ?

And I gave the bat signal here last October 2023 on utilities when the sector dropped to a 5 year low.

I saw that, agreed with your "why", and got a decent chunk of VPU at that time.....up 43% as of todays close....

 

[Sand]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

 

[pecorino]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

HUM down 12% on Tuesday. Down 16% in premarket today. Yikes. Watching and waiting....

 

[steelerfan1]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

HUM down 12% on Tuesday. Down 16% in premarket today. Yikes. Watching and waiting....

now down 21% premarket. ouch.

 

[pecorino]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

HUM down 12% on Tuesday. Down 16% in premarket today. Yikes. Watching and waiting....

now down 21% premarket. ouch.

Bought 100 shares at $230 then immediately sold a November $260 call for $800 to lower the cost basis a bit more.

 

[General Malaise]

Sorry for all caps....

ALPHAMIN ANNOUNCES CAD$0.06 PER SHARE INTERIM FY2024 DIVIDEND/ RECORD QUARTERLY TIN PRODUCTION OF 4,917 TONNES/ Q3 EBITDA GUIDANCE OF US$91.5 MILLION

 

[Sideshow Bob]

$.06

CAD

So we each get a ring pop?

And there was much rejoicing. Yaaaaaaaaaaay

 

[General Malaise]

$.06

CAD

So we each get a ring pop?

And there was much rejoicing. Yaaaaaaaaaaay

Can't you just appreciate the free money?1!?111

 

[Lomez]

$.06

CAD

So we each get a ring pop?

And there was much rejoicing. Yaaaaaaaaaaay

Can't you just appreciate the free money?1!?111

What's wrong with a ring pop?

 

[identikit]

Bueller........Bueller

 

[Bossman]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

HUM down 12% on Tuesday. Down 16% in premarket today. Yikes. Watching and waiting....

Would you consider now to be an attractive entry point ... or a catching a falling knife?

 

[pecorino]

Humana crushed today on heavy volume. I'll do some research tonight and may buy some tomorrow.

Their Beirut office isn't turning in good numbers these days. Tehran office is sending out profit warnings.

HUM down 12% on Tuesday. Down 16% in premarket today. Yikes. Watching and waiting....

Would you consider now to be an attractive entry point ... or a catching a falling knife?

I bought a week ago at $230 (posted it upthread). Part of the reason I did is because the premiums on November calls mitigate the risk. Honestly, I did not do a bunch of due diligence--it is a well known name that makes a ton of money. The fact that their profits will be dinged because of changes to Medicare do not change that fact all that much. Not saying you should tail me, but this is a stock that is trading at 50% off its highs from just a year ago, pays a modest dividend, and will reward you immediately with a 4% premium on a covered call which is decently out of the money. I'll take it,.

 

[Sand]

Huh - so evidently we have an existential crisis in the stock markets. We're running out of ticker symbols thanks to single stock ETFs. Honestly, I never paid attention to that part of the market at all - to the point I really didn't know these issues existed. And checking some of these things have huge volume. I can see having 2x the S&P or TLT, but 2x MSTR? Good grief.

There are evidently a veritable **** ton of degenerate gamblers out there.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[SFBayDuck]

Huh - so evidently we have an existential crisis in the stock markets. We're running out of ticker symbols thanks to single stock ETFs. Honestly, I never paid attention to that part of the market at all - to the point I really didn't know these issues existed. And checking some of these things have huge volume. I can see having 2x the S&P or TLT, but 2x MSTR? Good grief.

There are evidently a veritable **** ton of degenerate gamblers out there.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Can't find it now, but saw a tweet earlier this week about the ridiculous flows into MSTU (2x MSTR).

I own some MSTR as a levered play on BTC. Leveraging that twice more? A little too much for me!

 

[kevzilla]

What is the Venn diagram of people who don't think Vegas is fun any more and the recent inflows into these leveraged ETFs. Is it just a circle?

 

[Desert_Power]

To achieve those goals, Tesla will have to master two formidable technical challenges: cutting the production cost of electric vehicles, and making them drive themselves without human intervention to a safety level capable of satisfying risk-averse regulators. Musk didn’t give his guests at the robotaxi event evidence of progress on either score.

Lovely paragraph from the WSJ.

 

[Todem]

So I guess I won’t be able to take a Johnny cab anytime soon?

 

[arrow1]

$.06

CAD

So we each get a ring pop?

And there was much rejoicing. Yaaaaaaaaaaay

CAD is the symbol?

 

[General Malaise]

$.06

CAD

So we each get a ring pop?

And there was much rejoicing. Yaaaaaaaaaaay

CAD is the symbol?

Canadian Dollar.

 

[SFBayDuck]

Can't find it now, but saw a tweet earlier this week about the ridiculous flows into MSTU (2x MSTR).

I own some MSTR as a levered play on BTC. Leveraging that twice more? A little too much for me!

BTC up about 4%. MSTR up 14%. MSTU up 28% (it's working!).

 

[hooter311]

I'm a bitcoin super bull, but those leveraged MSTR funds are gonna burn a lot of people.

 

[identikit]

Thanks for the Humana tip, guys...

In for a chunk

 

[Runkle]

To achieve those goals, Tesla will have to master two formidable technical challenges: cutting the production cost of electric vehicles, and making them drive themselves without human intervention to a safety level capable of satisfying risk-averse regulators. Musk didn’t give his guests at the robotaxi event evidence of progress on either score.

Lovely paragraph from the WSJ.

Crazy how the thing is supposed to be "fully self-driving" without a steering wheel or pedals (in all weather conditions), yet is under $30,000, and also can only recharge via in-road conductive chargers that must be placed under the asphalt of all the streets and highways in the entire United States, but is going to come out in 2 years.

 

[FreeBaGeL]

To achieve those goals, Tesla will have to master two formidable technical challenges: cutting the production cost of electric vehicles, and making them drive themselves without human intervention to a safety level capable of satisfying risk-averse regulators. Musk didn’t give his guests at the robotaxi event evidence of progress on either score.

Lovely paragraph from the WSJ.

Crazy how the thing is supposed to be "fully self-driving" without a steering wheel or pedals (in all weather conditions), yet is under $30,000, and also can only recharge via in-road conductive chargers that must be placed under the asphalt of all the streets and highways in the entire United States, but is going to come out in 2 years.

Hopefully this is not political, but the other crazy thing here is that Musk has said autonomous driving is the primary driver of future profits for Tesla. Yet the political candidate he VERY openly supports, probably more publicly and enthusiastically than any CEO has supported a candidate in history, just said in one of his rallies that he would make autonomous vehicles illegal if he is elected.

 

[Sand]

I'm a bitcoin super bull, but those leveraged MSTR funds are gonna burn a lot of people.

I laughed when I read this and saw what MSTR is doing today.

 

[Buckna]

To achieve those goals, Tesla will have to master two formidable technical challenges: cutting the production cost of electric vehicles, and making them drive themselves without human intervention to a safety level capable of satisfying risk-averse regulators. Musk didn’t give his guests at the robotaxi event evidence of progress on either score.

Lovely paragraph from the WSJ.

Crazy how the thing is supposed to be "fully self-driving" without a steering wheel or pedals (in all weather conditions), yet is under $30,000, and also can only recharge via in-road conductive chargers that must be placed under the asphalt of all the streets and highways in the entire United States, but is going to come out in 2 years.

The 1 to 2 inches of ground clearance seems… problematic to say the least.

 

[hooter311]

I'm a bitcoin super bull, but those leveraged MSTR funds are gonna burn a lot of people.

I laughed when I read this and saw what MSTR is doing today.

Make no mistake, I'm all in on MSTR and always have been, I just dont trust the funds leveraging shares of MSTR.

 

[Lomez]

Huh - so evidently we have an existential crisis in the stock markets. We're running out of ticker symbols thanks to single stock ETFs. Honestly, I never paid attention to that part of the market at all - to the point I really didn't know these issues existed. And checking some of these things have huge volume. I can see having 2x the S&P or TLT, but 2x MSTR? Good grief.

There are evidently a veritable **** ton of degenerate gamblers out there.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Existential sounds not good

 

[hooter311]

Humana is positioned to lose a good chunk of it's Medicare Advantage market share this fall. Tread carefully.

 

[Capella]

I know if nothing else got me me NVDA got me

 

[SFBayDuck]

Nice to see CEG and EXC rebound in the last couple weeks or so. Man what a winner this was/is.

Todem, mad respect.

Eh, I'm only up 660% on CEG.

CEG Update: +769%

 

[Capella]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

 

[FreeBaGeL]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

I've been taking profits slowly the last two months and feel dumb too, seeing where it is now. So it's kind of a dumb if you do, dumb if you don't scenario.

 

[Nugget]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

I've been taking profits slowly the last two months and feel dumb too, seeing where it is now. So it's kind of a dumb if you do, dumb if you don't scenario.

This is my biggest issue - if I don't optimize every decision I feel bad. Sell too early or too late and I left money on the table. If I buy low and it goes up, I should have bought more.

I plan to move to all index funds in December/January.

 

[stbugs]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

I've been taking profits slowly the last two months and feel dumb too, seeing where it is now. So it's kind of a dumb if you do, dumb if you don't scenario.

Feeling very frothy. Look at ARM. Price to Sales is 50, yes 50 for a company with 15-20% growth. The sequential growth from the last two quarters is 1%. Feels like in some of the hot stocks (like Palantir), the ratios are getting to the same levels as stocks back at the end of 2021. Even Apple seems stretched. Their sales numbers in 2024 are 6% higher than 2021 so their growth has been flat to down since 2022. Stock is up almost double since the start of 2021. Walmart has grown 15-20% in 4 years and is almost double in the same period. The P/E ratio is 42 for barely any YOY growth. Costco’s P/E ratio is 52.

NVDA has much better numbers but at some point their sales will cut off hard. Same thing happened in gaming and crypto mining. They have cycles, and will again where data centers will be putting more money into software and building out capabilities and not need an arms race for chips to be first like there is now. Just like PCs and smart phones, there will be a hardware slowdown where the hardware is more than enough to do whatever they need and not be huge growths. I have zero clue when that will happen but it will so I don’t blame anyone for profit taking. I’ve had way more regrets investing and holding on to stocks longer that I should have.

There’s also just some craziness like MSTR. I still don’t get that stock price. People are literally paying $163k per bitcoin that they have. Why would you ever buy that company instead of BTC? The CEO has a history of fraud and that company has nothing extra that is meaningful that makes it more than just a bunch of BTC that you pay 2.5 times more for to hold.

I’m feeling nostalgic for end of 2021 right now.

 

[stbugs]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

I've been taking profits slowly the last two months and feel dumb too, seeing where it is now. So it's kind of a dumb if you do, dumb if you don't scenario.

This is my biggest issue - if I don't optimize every decision I feel bad. Sell too early or too late and I left money on the table. If I buy low and it goes up, I should have bought more.

I plan to move to all index funds in December/January.

I’ll be honest and say that I’ve been thinking that way but something’s bothering me a bit more so I might be moving a bit more defensive soon and then move into more ETFs. I do want to keep some aggressiveness as I still think tech will be great long term but I’d rather taper off my risk more.

 

[Capella]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

I've been taking profits slowly the last two months and feel dumb too, seeing where it is now. So it's kind of a dumb if you do, dumb if you don't scenario.

Describes my life I guess

 

[pecorino]

Humana is positioned to lose a good chunk of it's Medicare Advantage market share this fall. Tread carefully.

Much of that was priced in a couple weeks ago when it tanked. Up over 10% since then. If buyers haven’t done so already, they might consider selling a covered call against it.

 

[Sand]

Nice to see CEG and EXC rebound in the last couple weeks or so. Man what a winner this was/is.

Todem, mad respect.

Eh, I'm only up 660% on CEG.

CEG Update: +769%

When is the last time you could say that about a utlility? A ****ing utility! I'm not sure if ED has seen that kind of growth in the last century.

 

[Sand]

There’s also just some craziness like MSTR.

I have some and just marvel what a beta of 3+ does. It's like a superball.

 

[Capella]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

Rigjt on cue

 

[Bossman]

How much higher can nvda go realistically? Already worth 3.3T, slightly behind Apple now. Sometimes I feel dunb/greedy for not taking profits more frequently.

Rigjt on cue

What a JERK!