All things STOCKS

#11,077
#11,077
Carp said:
Maybe. I'm just saying that retail investors have made a large impact on the market since COVID began.
Click to expand...
I'd like to see a breakdown of the market participants (institutions, mutual funds, hedge funds, retail). I don't think the amount traded by individuals moves the broad market much. I could be wrong.
 
  • Like
Reactions: Orange.
#11,078
#11,078
Velo Vol said:
I'd like to see a breakdown of the market participants (institutions, mutual funds, hedge funds, retail). I don't think the amount traded by individuals moves the broad market much. I could be wrong.
Click to expand...

Individuals don’t move markets much, but since they are connected like never before (Wall Street Bets) they can easily move small, listed companies. I doubt that there is nearly as much shorting of companies under a billion market cap as there was around 2019.

Individuals were about 10% of trades 10 years ago, 15% 3 years ago, and 20-25% in 2021.

It was hilarious how the Reddits hammered the hedge funds and other shorts in early 2021. It is criminal how Wall Street then rigged the game to crash the stocks that they (Reddits/WSB) drove up. No doubt the Wall Street Bets community is now closely monitored by the Wall Street traders. GameStop, AMC, and Koss probably never come close to happening again.
 
  • Like
Reactions: Rocky_Top_Vol13, Orange., tbh and 1 other person
#11,079
#11,079
Overnight futures are looking good right now. I’ll bet that if Thursday closes up then Friday will have a significant sell off before the 3-day weekend. But markets don’t typically do what is logical. Maybe I’ll try a ST trade of a leveraged bear ETF through the holiday. Maybe FAZ. However FOMO bulls might not want to sit out over the weekend. Coin flip.

Maybe the bottom is here or near. The list of good and great companies trading at 52-week lows has been extensive recently.
 
#11,080
#11,080
#11,081
#11,081
SNOW is off nearly 75% from the 52WH.

I might open a position today. I wonder how it will be trading. It’s popular so the low might be at the open. Maybe I’ll buy half at the open and buy more a few hours or days later.

They actually beat on revenue. Just gave a cautionary indication on the overall economy affecting their customers purchases.
 
#11,082
#11,082
Thunder Good-Oil said:
SNOW is off nearly 75% from the 52WH.

I might open a position today. I wonder how it will be trading. It’s popular so the low might be at the open. Maybe I’ll buy half at the open and buy more a few hours or days later.

They actually beat on revenue. Just gave a cautionary indication on the overall economy affecting their customers purchases.
Click to expand...

I'm gonna pick up some shares right at open. Do you know about $NET? They are my favorite cloud play.
 
#11,083
#11,083
mrorange211 said:
I'm gonna pick up some shares right at open. Do you know about $NET? They are my favorite cloud play.
Click to expand...

Not really. But I own Akamai, SalesForce, and VMWare so I might have similar exposure. I also have a ton of IBM - one of my largest holdings (3%). My advisor suggests reducing the IBM, but I still like them. I think that they are transitioning well into new tech and should have moved on from things like dealing with funding pensions that were a drag on their earnings while competing with new tech companies that started with a clean slate.

I’m also long QCOM, QQQs, AAPL, DELL, and GLW in various tech names. Kept KD after IBM jettisoned it as well (and it’s off 50%). Tech, healthcare, and financials are my favorite sectors. And the defense industry. I thought that industrials would be a great sector for the next decade but it seems like names ran up early on the talk of government investing in infrastructure - but the idiots in charge decided to spend on incentivizing the workforce to stay home collecting benefits instead of getting to work.
 
#11,084
#11,084
Thunder Good-Oil said:
Not really. But I own Akamai, SalesForce, and VMWare so I might have similar exposure. I also have a ton of IBM - one of my largest holdings (3%). My advisor suggests reducing the IBM, but I still like them. I think that they are transitioning well into new tech and should have moved on from things like dealing with funding pensions that were a drag on their earnings while competing with new tech companies that started with a clean slate.

I’m also long QCOM, QQQs, AAPL, DELL, and GLW in various tech names. Kept KD after IBM jettisoned it as well (and it’s off 50%). Tech, healthcare, and financials are my favorite sectors. And the defense industry. I thought that industrials would be a great sector for the next decade but it seems like names ran up early on the talk of government investing in infrastructure - but the idiots in charge decided to spend on incentivizing the workforce to stay home collecting benefits instead of getting to work.
Click to expand...
I think my IBM has given up the least this year of all my non energy / oil holdings. Our broker also wanted us to move out of them and into Disney 8 months back which I vetoed. Sometimes I get lucky
 
#11,086
#11,086
walkenvol said:
I think my IBM has given up the least this year of all my non energy / oil holdings. Our broker also wanted us to move out of them and into Disney 8 months back which I vetoed. Sometimes I get lucky
Click to expand...

One huge selling point for me is masters.org. IBM hits that thing out of the park.

Looks like Michael Dell is screwing me yet again. I can’t stand that guy. He decided that I have to either take cash or Broadcom shares for my VMW. I owned the original Dell. He ran it into the ground and then took it private. Then I owned EMC which owned VMWare. That a-hole stole EMC, stole VMW’s cash and then split it off of Dell/EMC without their cash. He sits on boards and enriches himself instead of the shareholders. He is what is wrong with public companies/corporatism. John Malone is the same.
 
  • Like
Reactions: walkenvol
#11,087
#11,087
Thunder Good-Oil said:
One huge selling point for me is masters.org. IBM hits that thing out of the park.

Looks like Michael Dell is screwing me yet again. I can’t stand that guy. He decided that I have to either take cash or Broadcom shares for my VMW. I owned the original Dell. He ran it into the ground and then took it private. Then I owned EMC which owned VMWare. That a-hole stole EMC, stole VMW’s cash and then split it off of Dell/EMC without their cash. He sits on boards and enriches himself instead of the shareholders. He is what is wrong with public companies/corporatism. John Malone is the same.
Click to expand...
And they never are held responsible for their actions
 
  • Like
Reactions: Rocky_Top_Vol13
#11,089
#11,089
mrorange211 said:
The public is too busy arguing about guns, abortion, or something cultural. The country has been stolen from them since WW2 cause they aren’t paying attention to anything other than the Kardashians.
Click to expand...

At least many more now own equities (over 50%), but 95% of those don’t understand what it is that they own. Wall Street executives are tight with the policy makers from both parties. Not with just the lobbyist dollars, but the lucrative jobs that they get after leaving political office. Nobody with a voice is watching the hen house.
 
  • Like
Reactions: Go aeiou and mrorange211
#11,090
#11,090
Well, I did notice that Intel stockholders rejected the exec compensation plan. That said, stockholder votes are non-binding. But it is pretty ridiculous.
 
#11,091
#11,091
What really chapped my a** was when the leaders of corporations argued that their stock based compensation shouldn’t be recorded as an expense on the P/Ls. Delusional. An entity gives away equity shares in their own capital structure and it’s not supposed to dilute the value of the corporation? The unfortunately we gave turnips for brains politicians like AOC influencing legislative decisions.

Investment advisors arguing that they shouldn’t be required to be fiduciaries is another insane argument that Wall Street criminals preach. “Appropriate” investments. What BS.
 
  • Like
Reactions: Rocky_Top_Vol13 and tbh
#11,092
#11,092
I actually think stock buy-backs have been illegal most places most of the time. I'm not sure how they became illegal, but it's an interesting process for calling money "profit" and then giving it to the executive team. Strangely, there seems to be even less returns to shareholders outside the USA. 30 years ago, somebody pointed out that if USA companies wanted to lower costs by sourcing something overseas, they should outsource the executive team.

I'm reading a 1999 book about the history of financial speculation (Devil Take the Hindmost), and there's an interesting quote in it about John Blunt, the head of the infamous "South Sea Company," which converted the british national debt into a stock company in 1720. The author writes:

"For instance, Gateway, a computer manufacturer, announced in June 1997 that it was repurchasing shares at $35 which it had issued twenty months earlier for $14.50. Executive stock options were particularly lavish at Sunbeam, a consumer appliances manufacturer, and Cendant, a marketing company, both of which fraudulently overstated their profits that same year. Sir John Blunt was a man before his time. Were he to return today, he would be hailed as a champion of "shareholder value"

It's useful to point out that people did see the problems back then. Ponzi finance was a big thing (they didn't call it that) and it was well recognized by smarter people when stocks were paying dividends out of paid in capital, regardless of the non-existence of reporting requirements and difficult communications in the 17th and 18th centuries. Nothing unsophisticated about people back then.

The more famous companies that set off a speculative bubble gave free stock options to members of parliament and even the king back then. That tells you that there was widespread awareness that duping investors needed to be brought under control.
 
Last edited:
#11,093
#11,093
Thunder Good-Oil said:
Overnight futures are looking good right now. I’ll bet that if Thursday closes up then Friday will have a significant sell off before the 3-day weekend. But markets don’t typically do what is logical. Maybe I’ll try a ST trade of a leveraged bear ETF through the holiday. Maybe FAZ. However FOMO bulls might not want to sit out over the weekend. Coin flip.

Maybe the bottom is here or near. The list of good and great companies trading at 52-week lows has been extensive recently.
Click to expand...

This is why I don’t short term trade very often. 3 really strong days this week and the first half of Friday is a 4th really good day. Of course, markets can still be weak heading into the close. But these are unusual times. The consecutive number of down weeks through last Friday was historic.

FOMO is winning the day so far.
 
#11,094
#11,094
Trying to buy some big tech today. AMAT INTC CACO. Plus ISRG and CURE. And ICE. So far only INTC has hit the limit and executed. Put in a new order for AMZN after dropping an earlier limit from 2,121 to 2,000 and missing the pullback - but not expecting it to hit this week.
 
#11,095
#11,095
Got an eye on NVDA MMM NFLX and SNOW.

I’m conflicted on 3M. 3.99% dividend BUT it’s $5.96 and earnings are $9.6. 15.5x earnings multiple. $146 is way off of the $207 52WH.

Netflix was $700 but is now under $200. I haven’t been a fan, but they are profitable with strong revenue. P/E is now under 20x.

NVDA has probably been punished from the global supply chain issues. Analysts expect a strong price recovery in tge shares.

Being extra cautious with SNOW.
 
#11,096
#11,096
Thunder Good-Oil said:
Got an eye on NVDA MMM NFLX and SNOW.

I’m conflicted on 3M. 3.99% dividend BUT it’s $5.96 and earnings are $9.6. 15.5x earnings multiple. $146 is way off of the $207 52WH.

Netflix was $700 but is now under $200. I haven’t been a fan, but they are profitable with strong revenue. P/E is now under 20x.

NVDA has probably been punished from the global supply chain issues. Analysts expect a strong price recovery in tge shares.

Being extra cautious with SNOW.
Click to expand...
Some of you guys may want to check out AXSM
 
#11,097
#11,097
Redleg68 said:
Some of you guys may want to check out AXSM
Click to expand...

Small cap, high risk bio-pharmaceutical losing almost $4/share in the current environment isn’t on my radar atm. I’d rather own a bio-tech ETF or large cap to spread out the risk. I’m sitting on too many high risk companies that keep getting knocked back instead of surging as COVID drags on instead of getting knocked out. I’m pretty much limiting moving cash into this market to great companies with beat up stock prices. I haven’t even touched crypto yet other than HOOD as a derivative (and it blew up - risk from order flow revenue and going out of favor with the Reddit bros I’m guessing).
 
#11,098
#11,098
The 13x put/call ratio is frightening. But if it executes it could esdily double, triple, or better.

I’m not a sports bettor, but if I was - $250 will pay $100 if TN baseball doesn’t win the CWS. 40% return in less than a month.
 
  • Like
Reactions: walkenvol
#11,099
#11,099
Interesting to see MU down 7% today.

I agree with thunder, I wouldn't pick AXSM over 10,000 other medical also-ran wannabe companies. Yes, they pop here and there. I don't have any predictive power. What you really need is inside information and knowledge of plans of people to manipulate the stock. If you have that, red leg, you might have to start talking to us in code. I do see those $40 calls in July. Dang. People offering $1 for a $50 call in July.
 
  • Like
Reactions: Redleg68
#11,100
#11,100
I setup 8 GTC buy limit orders on Wednesday. 7 stocks, all over $50B market cap, plus the leveraged healthcare ETF. 7 are still dancing around just over the strike.

The Jamie Dimon and Elon Musk comments this morning make the fear level go up. But so far the markets have just kind of cancelled Thursday’s pop. I wish the weekend wasn’t here already.

I think that Elon is mostly playing games. I think that he enjoys saying and doing things to move securities, industries/sectors, or markets. He’s probably manipulating equities, but his lawyers are better than the SEC’s.
 
New posts
You must log in or register to reply here.

VN Store



Back
Top