Stock Thread (45 Viewers)

[ConstruxBoy]

Big Tin needs a better PAC

Big Ten already raided the PAC.

 

[Pigskin Fanatic]

Big Tin needs a better PAC

Big Ten already raided the PAC.

well played.

 

[General Malaise]

Big Tin needs a better PAC

Big Ten already raided the PAC.

 

[Bossman]

Tariffs inbound on imported Steel ..
US Steel stocks are cranking today. Up, up, and away!

 

[McBokonon]

Started an $APP position over the last couple of days.

Just bought some more on the AH dip. Good numbers IMO.

ETA: Just went green. Bottom-ticked that sucker at $59 and it's back to 67+

Well, $APP has been amazing for me. Overall position is up 113% since I started buying in June. Gonna trim about a quarter of my position here and let the rest ride through whatever volatility might happen.

This thing has been absolutely ridiculous. Even after a trim this position is already approaching top 5 and I just started my position this year. Up 24% AH on earnings.

 

[Alex P Keaton]

My company’s stock was up >10% today. Good times.

 

[Orange&Blue]

Tariffs inbound on imported Steel ..
US Steel stocks are cranking today. Up, up, and away!

which are?

 

[GoBirds]

What a day. Sure we’ll have a bumpy road til year end but that’s a heck of a bounce!

 

[Nugget]

The market is now starting to price that in. Small Caps are gonna fly after lagging for years.

Looking @ TNA to ride this upswing....

Good way to go, or?

I jumped in for a quick dip. TNA was built for Q4 of election years. Who doesn’t want to help small business! Will likely double down if it drops under 40.

Up 20% and out. Need to reload my cash fund.

 

[Bossman]

Tariffs inbound on imported Steel ..
US Steel stocks are cranking today. Up, up, and away!

which are?

U.S. Steel (X 8.27%), Cleveland Cliffs (CLF 20.07%), and Steel Dynamics (STLD 13.76%)

 

[JB Breakfast Club]

Sure wish I'd had MELI on my trim list yesterday. Yikes.

 

[General Malaise]

BROS B4 HOSE

 

[McBokonon]

BROS B4 HOSE

I'm not sure the collective thread could have timed this one better.

$APP up 43.9%. It's up more than my cost basis which I only started in August, 281.67% overall.

 

[General Malaise]

There's a BROS on my way to work. Been there for 15+ years and long ago, when it was staffed with young hawts, it was a popular stop for the guys in our office. Coffee is terrible but the gals flirted with us and made is feel less hideous than our wives do, so it was fun. Few of the gals would drop by the office with treats. Good times.

Now that it's public and we all grew tired of coffee that tasted like Folgers it's no longer a mainstay in our lives. Young coeds in short shorts have been replaced by dudes or butterhogs and, well, I'm at age where I need coffee to taste good or I won't bother with it. Like Tarrintino in Pulp Fiction.

But today, in tribute to the earnings call and stock lift, I shall order one coffee from BROS today on my way into the office.

 

[Bossman]

What a day. Sure we’ll have a bumpy road til year end but that’s a heck of a bounce!

I don't think many expected this market reaction from the election.
I'm sure there will be pullback at some point but this is fun while it lasts.
My portfolio is up about 8% in a day and a half. ... and in case you're wondering, that's several dozens of dollars!

 

[Gatorade]

Not a broad based rally in the least.

Utilities, Staples, Pharma, Retail getting hammered.

META down.

Weird day.

Yields flying up.

A correction is absolutely in the cards between now and February. Some recalibration is forthcoming and some volatility no doubt.

Small cap value just ripping while rates going up. Interesting times.

That’s what caught my eye. I’m with todem. I see a correction coming because some of this is just odd. They are saying inflation will be coming (which as with tariffs) and rates are up and you’d think that would be awful for small caps. Seeing TSLA up 12% because Musk endorsed Trump is interesting as well.

Expected deregulation has small caps excited about future earnings potential.

 

[Todem]

Not a broad based rally in the least.

Utilities, Staples, Pharma, Retail getting hammered.

META down.

Weird day.

Yields flying up.

A correction is absolutely in the cards between now and February. Some recalibration is forthcoming and some volatility no doubt.

Small cap value just ripping while rates going up. Interesting times.

That’s what caught my eye. I’m with todem. I see a correction coming because some of this is just odd. They are saying inflation will be coming (which as with tariffs) and rates are up and you’d think that would be awful for small caps. Seeing TSLA up 12% because Musk endorsed Trump is interesting as well.

Expected deregulation has small caps excited about future earnings potential.

Understandable and small caps have been lagging for a bit until recently after that .50 basis point cut.

They should have a good 2025.

 

[Capella]

@General Malaise thanks for the bros tip bro

 

[Bob Sacamano]

Did some BROS toe dipping.

#HappyToe

 

[Capella]

Time to go long Bros, Todem.

Will check it out.

I highly highly doubt it's anywhere NEAR your target list for a buy. I do think it has more growth ahead of it, but it's expensive right now and as a coffee drinker, I think their coffee is terrible. They don't even sell drip coffee.

But, they know how to market to teens and college kids and once they get their hooks in, it's sticky money.

I’ve been meaning to get this one for a while so I went in for a 150 shares.

Yea another happy broski

 

[stbugs]

Did some BROS toe dipping.

#HappyToe

MFer. I was planning to add some this week before earnings but yesterday was so busy and damn it if the great day on the market distracted me. Completely forgot.

The reaction is part of the good news in the market week so it’s a wee bit more than it should be. The actual revenue surprise was 3%, so not exactly a blow your doors off 35-40% worthy. I’m still mad at myself as $33 was a solid entry point. I’ll keep it on my watch list as I do think things are a wee bit too rosy right now. Enjoyable but I agree with @Todem about hoarding some cash.

 

[Bob Sacamano]

I sold it all. 40% in 3 days is enough, s-t cap gains be damned. But will also add it back to my watch list. If you find an entry point you like, yell.

 

[Bob Sacamano]

PS jumped to 3.5. NOW I agree with GM that it's a little pricey

 

[Bob Sacamano]

Also added back to MELI, having trimmed some in the run up. There's more uncertainty there than when I bought in (including some tougher comps coming up), but a growth company missing earnings in part due to opening 6 fulfillment centers and in part because they're aggressively pushing into credit doesn't scare me. Makes me overweight again, but 40% Y/Y with an earnings miss is palatable.

 

[Sand]

What a day. Sure we’ll have a bumpy road til year end but that’s a heck of a bounce!

I don't think many expected this market reaction from the election.
I'm sure there will be pullback at some point but this is fun while it lasts.
My portfolio is up about 8% in a day and a half. ... and in case you're wondering, that's several dozens of dollars!

I'm not surprised once the magnitude of the mandate became clear. But, I don't think anyone quite expected that outcome.

I also expect the froth to cool down, but hopefully see a relatively clear sky moving forward for a while.

 

[Ridgeback]

I sold it all. 40% in 3 days is enough, s-t cap gains be damned. But will also add it back to my watch list. If you find an entry point you like, yell.

Yeah, i just let 80% of my shares go. I'll take a 50% bounce in less than six months. I'll be able to load back up sooner than later at a much better cost basis.

 

[⚡DEADHEAD⚡]

Bought a few shares in my wife's ROTH IRA of IONQ, a quantum play. I don't want to miss the boat on quantum, and understand the big boys like NVDA and MSFT are in the space, but there's room and IONQ is single-minded on quantum, which I like. A risk with lots of upside.

Up 45% in a week. Join me.

 

[Bossman]

Somehow screwed up my order for selling a Dec 165 NVDA call yesterday, but it worked out as I sold a Dec 168 call this morning for 4.25, which is more than I would have gotten for the 165 call yesterday.

I'm sure I'll get burned eventually, but the NVDA options are so expensive that I've been having good results selling a well out of the money covered call when we get an upswing, and then selling a well out of the money uncovered put when we get a downswing.

Kinda tailed you on this yesterday.
Sold 2 covered calls NVDA 11/15 ... $148 strike
Paid me $4.60
I like your idea of cashing in on the overreaction of the market when days like yesterday and today happen.
The premium is already down, I'm betting it won't hit strike, and I'll just pocket the $920 premium.
If they get called, I'm ok with that for the reasons stated above. If not called, I'll probably do it again on the next bump up.

I was looking to do this again today and I'm surprised those Dec 168 calls are paying less now then when you got them.
I know the time is shorter but with the price moving like it has I was expecting more.
Looks these NVDA shares of mine will be gone for sure by next Friday.
Net $152.60 per share (adding in the premium) at about a $96 cost basis ... so I still made a nice 60% profit since I started buying these in April.

 

[Dr_Zaius]

Somehow screwed up my order for selling a Dec 165 NVDA call yesterday, but it worked out as I sold a Dec 168 call this morning for 4.25, which is more than I would have gotten for the 165 call yesterday.

I'm sure I'll get burned eventually, but the NVDA options are so expensive that I've been having good results selling a well out of the money covered call when we get an upswing, and then selling a well out of the money uncovered put when we get a downswing.

Kinda tailed you on this yesterday.
Sold 2 covered calls NVDA 11/15 ... $148 strike
Paid me $4.60
I like your idea of cashing in on the overreaction of the market when days like yesterday and today happen.
The premium is already down, I'm betting it won't hit strike, and I'll just pocket the $920 premium.
If they get called, I'm ok with that for the reasons stated above. If not called, I'll probably do it again on the next bump up.

I was looking to do this again today and I'm surprised those Dec 168 calls are paying less now then when you got them.
I know the time is shorter but with the price moving like it has I was expecting more.
Looks these NVDA shares of mine will be gone for sure by next Friday.
Net $152.60 per share (adding in the premium) at about a $96 cost basis ... so I still made a nice 60% profit since I started buying these in April.

Yeah I briefly thought about closing them out last week when the stock was down a bit, but it still feels pretty unlikely mine will trigger. And like you, I won't be too broken up if my shares get called away.

On the options front, I took a hard look at the SMCI options several weeks ago, and was really tempted to by a very OOM put, but I figured I'd just be lighting a couple hundred bucks on fire. In hindsight I would have made a bit (although not a killing), but that stock is definitely pure gambling in that I'm not sure how randos like us would have any idea what is actually going on under the hood there.

 

[McBokonon]

AXON: Bodycams/Tasers (just law enforcement in general)
TMO: Life Science Equipment

I like Thermo Fisher and know them well. High but not crazy P/E. Axon looks very richly priced to me and I hardly know it. I’m looking for names that are well known and the industry standard bearer. Maybe Axon is that, but I can’t buy something that’s trading north of 125 fit it’s P/E.

P/E isn’t a good metric for everything. But AXON is definitely expensive, and has been for all the years I’ve owned it.

ETA: I like forward P/E more than trailing 12 months, generally. The TTM P/E is north of 125 but forward is <70. Still high but also not as meaningful for growth stocks like this one.

$AXON beat and raise again. Been more or less flat since this post, which is not a bad thing considering the run it's on, but up AH. I added more in June for the first time in 2 years and it is my second largest position behind only Costco, but might take over tomorrow. Still never feel like I have enough.

Another beat and raise for $AXON. Busted through $500 AH, making it a double since this conversation started in January. Just absolutely firing on all cylinders.

 

[BassNBrew]

Wow. Applovin up 46% today and Zillow 24%.

 

[BassNBrew]

Arista Networks Inc down AH over 7% on a small beat. Started a position at $391. I've been burned by this in the past so may wait for tomorrow.

 

[stbugs]

AXON: Bodycams/Tasers (just law enforcement in general)
TMO: Life Science Equipment

I like Thermo Fisher and know them well. High but not crazy P/E. Axon looks very richly priced to me and I hardly know it. I’m looking for names that are well known and the industry standard bearer. Maybe Axon is that, but I can’t buy something that’s trading north of 125 fit it’s P/E.

P/E isn’t a good metric for everything. But AXON is definitely expensive, and has been for all the years I’ve owned it.

ETA: I like forward P/E more than trailing 12 months, generally. The TTM P/E is north of 125 but forward is <70. Still high but also not as meaningful for growth stocks like this one.

$AXON beat and raise again. Been more or less flat since this post, which is not a bad thing considering the run it's on, but up AH. I added more in June for the first time in 2 years and it is my second largest position behind only Costco, but might take over tomorrow. Still never feel like I have enough.

Another beat and raise for $AXON. Busted through $500 AH, making it a double since this conversation started in January. Just absolutely firing on all cylinders.

Well that’s nice. It will hopefully make up for TTD beating everything but not by enough. TTD’s been on a great run anyway so maybe got ahead of itself a bit. Can’t complain, one of the first stocks I bought so I’m up 650% (before tonight) and it’s my #2 easily.

As of now, AXON is #3 and a triple.

 

[matttyl]

What a day. Sure we’ll have a bumpy road til year end but that’s a heck of a bounce!

I don't think many expected this market reaction from the election.
I'm sure there will be pullback at some point but this is fun while it lasts.
My portfolio is up about 8% in a day and a half. ... and in case you're wondering, that's several dozens of dollars!

I don’t think many expected the decisiveness (and speed) of the election results. Many thought it would take days to have an official outcome that everyone agreed was the actual result. The market doesn’t like unknowns.

 

[BassNBrew]

Sold a chunk of AZON at 531.99.

 

[McBokonon]

AXON: Bodycams/Tasers (just law enforcement in general)
TMO: Life Science Equipment

I like Thermo Fisher and know them well. High but not crazy P/E. Axon looks very richly priced to me and I hardly know it. I’m looking for names that are well known and the industry standard bearer. Maybe Axon is that, but I can’t buy something that’s trading north of 125 fit it’s P/E.

P/E isn’t a good metric for everything. But AXON is definitely expensive, and has been for all the years I’ve owned it.

ETA: I like forward P/E more than trailing 12 months, generally. The TTM P/E is north of 125 but forward is <70. Still high but also not as meaningful for growth stocks like this one.

$AXON beat and raise again. Been more or less flat since this post, which is not a bad thing considering the run it's on, but up AH. I added more in June for the first time in 2 years and it is my second largest position behind only Costco, but might take over tomorrow. Still never feel like I have enough.

Another beat and raise for $AXON. Busted through $500 AH, making it a double since this conversation started in January. Just absolutely firing on all cylinders.

Well that’s nice. It will hopefully make up for TTD beating everything but not by enough. TTD’s been on a great run anyway so maybe got ahead of itself a bit. Can’t complain, one of the first stocks I bought so I’m up 650% (before tonight) and it’s my #2 easily.

As of now, AXON is #3 and a triple.

I’m similar. AXON is #1 for me by an almost uncomfortable amount with TTD #3 (COST sandwiched between them.) LDOS #4 and APP out of a cannon into 5th.

 

[identikit]

AXON up 14+ today!!!

Owned it for only 10 weeks, up 47%

 

[⚡DEADHEAD⚡]

For those that own Honeywell, a $140 billion+ company, they own 54% of a company named Quantiniuum, a well-regarded quantum start up that has eyes on an IPO. One headline speculated a $10 billion valuation. That's an interesting backdoor play on quantum for those interested.

 

[Desert_Power]

AXON up 14+ today!!!

Owned it for only 10 weeks, up 47%

Good company and stock here. Should have been buying more but up a lot.

 

[Desert_Power]

$UPST with a crazy day too.

 

[ConstruxBoy]

AXON up 14+ today!!!

Owned it for only 10 weeks, up 47%

Good company and stock here. Should have been buying more but up a lot.

yeah, when I first saw it mentioned here it was already a little overvalued (by Morningstar) so I held off and now it's REALLY overvalued. So I missed the jump. Sigh. That's the way it goes sometimes.

 

[GoBirds]

What a week fellas!

 

[Sand]

$UPST with a crazy day too.

My employer reported earnings - +9% today. My ESPP and 401k are very happy.

 

[SFBayDuck]

$UPST with a crazy day too.

My employer reported earnings - +9% today. My ESPP and 401k are very happy.

You have company stock in your 401K?

I have quarterly RSU vesting next week…hoping for a dip to save on taxes. Can’t sell until after earnings in December anyway, which is when next ESPP purchase also hits.

 

[Sand]

$UPST with a crazy day too.

My employer reported earnings - +9% today. My ESPP and 401k are very happy.

You have company stock in your 401K?

I have quarterly RSU vesting next week…hoping for a dip to save on taxes. Can’t sell until after earnings in December anyway, which is when next ESPP purchase also hits.

My company does it's match in company stock.

 

[Sand]

Not a broad based rally in the least.

Utilities, Staples, Pharma, Retail getting hammered.

META down.

Weird day.

Yields flying up.

A correction is absolutely in the cards between now and February. Some recalibration is forthcoming and some volatility no doubt.

Todem,

Speaking of corrections and elections I thought this was really interesting:

• Election day 2008 +675% (14% annualized)
• Election day 2012 +400% (14% annualized)
• Election day 2016 +207% (15% annualized)
• Election day 2020 +81% (16% annualized)

Way cool. Stocks for the long run - elections don't matter.

 

[⚡DEADHEAD⚡]

Maybe I should buy more CEG.

Constellation Energy in the WSJ

 

[Harry Frogfish]

Not a broad based rally in the least.

Utilities, Staples, Pharma, Retail getting hammered.

META down.

Weird day.

Yields flying up.

A correction is absolutely in the cards between now and February. Some recalibration is forthcoming and some volatility no doubt.

Todem,

Speaking of corrections and elections I thought this was really interesting:

• Election day 2008 +675% (14% annualized)
• Election day 2012 +400% (14% annualized)
• Election day 2016 +207% (15% annualized)
• Election day 2020 +81% (16% annualized)

Way cool. Stocks for the long run - elections don't matter.

I love this kinda stuff, thanks. So, each of the last 4 administrations, has averaged a 14-16% return annually, correct?

That's remarkably "consistent" and obviously exceptional, historically speaking. While one side or the other would love to lay claim, the fact is, that seems to be a reach. If anything, one could maybe lay claim to 75% of those 16 years being "run" by one party.

That said, I would love to hear why any of those numbers are/were mis-leading in some way(s). If nothing, it's interesting is all.

The other thing which would be fun to know -- and yeah, it would take like 5 minutes to do -- but we don't have the exact parameters of the 4 Election days (like exact beginning/ending dates) you are referencing. What's the % gain from Election Day 2024, from 2020 (and the annualized %)?

 

[identikit]

Looking like another banger of a day in the markets


Love it!!

 

[Capella]

Didn’t think we’d be open today