All things STOCKS

#7,204
#7,204
Thunder Good-Oil said:
At some point the “sell on the news” effect will kick in. The alt energy stocks have done well. They should pop again if the Ds take both GA Senate seats, but I would be ready for a drop after the Harris/Biden administration takes the wheel. On the other hand I do think that infrastructure could do well as both sides could come to an agreement to stop giving away handouts and to actually invest the stimulus funds into real projects like bridges, roads, charging infrastructure, etc.

Unless there is an organized, unified push back against China I think that they will do well. Like it or not, their economy wasn’t hit as hard from COVID as the rest of the world. I’m looking at BABA this week. I doubt that the free world will unify and push back and will instead want to get their crap at a low cost from China.
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Remember when Walmart used to advertise "Made in America"? Many of their customers cannot afford made in America.
 
#7,207
#7,207
GoDucks349 said:
I'd forgotten about Jerry Green.......... Coached at Oregon prior to moving to Tenn. I was quite happy to see him gone. He was not a good fit at Oregon.
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Just curious, do you invest in any REITs (especially those that have been beaten up a little bit this year?)
 
#7,208
#7,208
BigOrangeMojo said:
Just curious, do you invest in any REITs (especially those that have been beaten up a little bit this year?)
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REITs scare the heck out of me, so that would be a no.

If one were to invest in REITs it would be a very good idea to understand the underlying properties and be comfortable with those cash flows.
 
#7,210
#7,210
BigOrangeMojo said:
Just curious, do you invest in any REITs (especially those that have been beaten up a little bit this year?)
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Hypothetically speaking lets say a REIT has been beaten up this last year and the underlying properties are small business office buildings. Can you be sure that these buildings will become rented to an acceptable level in the future? Considering the possibility of people continuing to work from home and as a result the company no longer needs a full time office location resulting in lower rental levels and lower rental rates.

Or perhaps a hotel REIT, how long before travelers return and can the REIT manage it's debt? Lots of REITS rely on rolling debt to make the high yield payments typically associated with REITs.
 
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#7,211
#7,211
GoDucks349 said:
Hypothetically speaking lets say a REIT has been beaten up this last year and the underlying properties are small business office buildings. Can you be sure that these buildings will become rented to an acceptable level in the future? Considering the possibility of people continuing to work from home and as a result the company no longer needs a full time office location.

Or perhaps a hotel REIT, how long before travelers return and can the REIT manage it's debt? Lots of REITS rely on rolling debt to make the high yield payments typically associated with REITs.
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Agree, I wouldn't touch a REIT that is heavily tied to the office building sector or hotel sector. I'm not brave enough to hold anything like a MFA, which isn't actually backed by a hard asset. I really don't like those that are heavily tied to retail but I am in SPG (even in the 2nd quarter, SPG made money, which was shocking - SPG is best in breed and I won't lie, the upper 50s was a steal there).

I think those REITs in the storage units and apartment areas got a lot of collateral damage in the market this year for little reason. For example, MAA collected over 99% of its rents. I think those in the warehousing and medical office building sectors will be fine for years to come.


Full disclosure - I try to keep approx. 15-20% of portfolio in REITs. Right now, I'm in the following 7: Public Storage (PSA), Mid America Apartment (MAA), Simon Property Group (SPG), Equity Residential (EQR), Realty Income (O) and William P Carey (WPC), Global Medical (GMRE)
 
#7,213
#7,213
Many speciality REITs don’t seem like a bad idea. Cold storage facilities, broadcast towers, warehousing (including mini), possibly industrial parks. Office space and retail shopping and lodging REITs face an uphill battle. Residential could go either way... people are at home more, but millennials have been proponents of renting and should trend toward owning as they grow up.
 
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#7,214
#7,214
Might do some day trading today. Liking the way the market looks this morning. Looking at LAIX for a day trade. Already took a small position in it a couple weeks ago.
 
#7,215
#7,215
I sold my gevo a little early at 4.70-80, but it all works out. A hit piece came out this morning and I got back in for 300 shares at 3.90.
 
#7,216
#7,216
Day traded PHUN today with BTC reaching new highs. Made a quick $70 before I stopped out.

More importantly, I'm up 23% over the last 2 months. Making better trades each time. Haven't taken more than a 10% loss in any trade during this time, and have only lost money twice in 10 trades during this time.
 
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#7,217
#7,217
Dang. Left about $380 by stopping out of $PHUN. Jumped up all the way to 1.44 today.

EDIT: And still climbing.
 
#7,225
#7,225
BigOrangeMojo said:
I got up this morning, logged into my E-Trade account and checked my performance for the past 6 months: 69.69%

Not bragging but more showing off my immaturity
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This year has certainly been a great opportunity for those of us with the means to invest and get a lot of value. I regret not putting more in some long positions, I have 3 or 4 that are well over 100% gainers.
 
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