All things STOCKS

[Thunder Good-Oil]

It’s NVDA earnings time. It will drive markets.

 

[Majors]

It’s NVDA earnings time. It will drive markets.

Not sure how to feel, beat the expectations but does it slow down with the below statement.

"We expect that our sales to these destinations will decline significantly in the fourth quarter of fiscal 2024, though we believe the decline will be more than offset by strong growth in other regions," Nvidia's said in a letter to shareholders.”

 

[Velo Vol]

Strange times.

 

[Thunder Good-Oil]

RIP: Charlie Munger

 

[Thunder Good-Oil]

Charlie’s portfolio;
1) Costco
2) Berkshire Hathaway
3) Daily Journal (Bank of America, Wells Fargo, Alibaba, US Bancorp).
4) Rental RE properties (he was a RE attorney before partnering with Buffett).
5) A fund that Li Lu managed.

 

[Vol737]

This may not be a bad thing as I believe a normalization of rates has been long overdue, albeit uncomfortable over the past year and a half or so. I think markets will be just fine as long as there is clarity. I've been a bottom feeder during this time and the past couple of weeks have been a nice reward.

Powell: Fed rate cut speculation is 'premature,' rate hikes still possible

The Federal Reserve chairman offered a warning to investors who believe the Fed is finished raising rates and will soon pivot to cutting.

finance.yahoo.com

 

[Firebirdparts]

Here comes santa claus

 

[Rocky_Top_Vol13]

Here comes santa claus

If you were looking at small potatoes, lets say $500, who would you throw it at?

 

[Thunder Good-Oil]

If you were looking at small potatoes, lets say $500, who would you throw it at?

You need to define a risk tolerance as well. A share or 2 of a well diversified ETF like SPY, VTI, DIA, or VOO best if the objective is to steadily grow the investment.

Or pick an S&P sector with the Select Sector ETFs. XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLRE, XLU, XLV, or XLY. You won’t be as diversified as one of the funds above that are tracking broad market averages, but they are still somewhat safe.

If really wanting to roll the dice with the understanding that much of that investment capital can be lost you can go with a leveraged ETF such as CURE or FAS or one of several others. Or pick an individual stock or two.

 

[Go aeiou]

If you were looking at small potatoes, lets say $500, who would you throw it at?

Do you already have an account at a brokerage/mutual fund company(i.e. Vanguard)?
you might need to be concerned about fees.

 

[Thunder Good-Oil]

Do you already have an account at a brokerage/mutual fund company(i.e. Vanguard)?
you might need to be concerned about fees.

WeBull and RobinHood might be good options. HOOD has had several missteps, but new businesses typically do have them. They offer fractional shares and ban some penny sticks, so that’s a positive.

Personally I wouldn’t have a WeBull account. They are Chinese owned.

The big discount brokers (Schwab, Fidelity, e-Trade) usually have good low fee options for IRA accounts.

 

[Thunder Good-Oil]

I’d go with a RobinHood account if I was starting out today.

11 Best Online Stock Brokers for Beginners of December 2023 - NerdWallet

With so many online brokers working to attract beginner investors, finding the right broker can be tough. We've compiled a list of the best stock brokers for beginners.

www.nerdwallet.com

Best Discount Brokers of 2023

Investopedia ranks the best discount brokers for low-cost trades, low margin rates, fractional share trading, and low-cost options to save you money.

www.investopedia.com

 

[Firebirdparts]

There's sort of a joke metric that you shouldn't spent more on a new car that the amount your account has gone up in a single day. December 13th was the new defining day for me.

I have a lot of oddball small cap trash in my brokerage account, not really worth mentioning. I had 100 shares of SAVE for a long time, and eventually I did buy more so that it's not longer a couch money position, but as you all probably are aware it's no sure thing they're going to be bought. Not feeling so great about it now.

As I've mentioned, I have a lot of long bond exposure, like half my net worth, through various funds. Most of my money is in a 401k so I have to hold funds. I don't like bond funds, but you have to work with what you have.

When things go parabolic I will sometimes shave off the excess above some random number into cash, but I am not in the mood just yet.

 

[Firebirdparts]

If you were looking at small potatoes, lets say $500, who would you throw it at?

Generally I don't see a problem with S&P500 mutual fund and prepare to wait.

Based on that, If you want to make FUN then you could do a 3X S&P500 which the best is UPRO. This is basically nitroglycerin. Somebody just came out with a 4X S&P500 which is called XXXX.

This is WAY TOO MUCH leverage, but with $500, it's okay to light the fuse on a bomb. it's only $500. You'll never know when to sell, nobody does.

 

[Thunder Good-Oil]

There's sort of a joke metric that you shouldn't spent more on a new car that the amount your account has gone up in a single day. December 13th was the new defining day for me.

I have a lot of oddball small cap trash in my brokerage account, not really worth mentioning. I had 100 shares of SAVE for a long time, and eventually I did buy more so that it's not longer a couch money position, but as you all probably are aware it's no sure thing they're going to be bought. Not feeling so great about it now.

As I've mentioned, I have a lot of long bond exposure, like half my net worth, through various funds. Most of my money is in a 401k so I have to hold funds. I don't like bond funds, but you have to work with what you have.

When things go parabolic I will sometimes shave off the excess above some random number into cash, but I am not in the mood just yet.

I’m long a bunch of trash stocks that I’m holding on to to use for the tax benefit. I wouldn’t own otherwise. SAVE is scratching back (still well below the buyout price) . GoPro. The reefer ETF. I need a good tax planner that knows how to use to offset which gains. Things like can the losses off set conversions to Roth accounts.

I also need to know if creating an investment company makes sense. I have margin interest that doesn’t off set gains on my returns. But - I’m moving away from crazy amounts of leverage.

 

[Thunder Good-Oil]

Generally I don't see a problem with S&P500 mutual fund and prepare to wait.

Based on that, If you want to make FUN then you could do a 3X S&P500 which the best is UPRO. This is basically nitroglycerin. Somebody just came out with a 4X S&P500 which is called XXXX.

This is WAY TOO MUCH leverage, but with $500, it's okay to light the fuse on a bomb. it's only $500. You'll never know when to sell, nobody does.

Some of those new brokers catering to smaller accounts don’t offer mutual funds. Although they do have access to Exchange Traded Funds. WeBull doesn’t have mutual funds and RobinHood wasn’t offering them recently. But they are usually setup up to enable crypto accounts - which is a lot like gambling with that XXXX.

 

[Go aeiou]

If you were looking at small potatoes, lets say $500, who would you throw it at?

I'm conservative, but bought some of this shoe co the other day. excellent running shoes and trendy.
ONON

 

[Firebirdparts]

Sorry about using the phrase "mutual fund". Didn't mean to start a discussion on that level.

I still have a bunch of Tilray TLRY marijuana stock. Had a couple of chances to get out of it with a profit but underwater right now.

 

[Rocky_Top_Vol13]

Thanks for the food for thought everyone.

 

[Thunder Good-Oil]

Sorry about using the phrase "mutual fund". Didn't mean to start a discussion on that level.

I still have a bunch of Tilray TLRY marijuana stock. Had a couple of chances to get out of it with a profit but underwater right now.

POTX is down something like 90%. That’s crazy. I guess MJ stocks were way overvalued with the expectation of the government getting out of the way, but it’s moving much slower now. Maybe Big Pharma and tobacco will eventually be the last companies standing.

I also made a mistake buying some Smith and Wesson shares. Moving their HQ to Maryville seemed like a really smart move. But the leftists are litigating the industry into extinction. The government should step in and make laws making it easier for those companies to counter sue and win. SWBI should continue going up slowly, but they’ll never have huge profit growth.

 

[Thunder Good-Oil]

I’m also in the red with VZ, KHC, PENN, STT, SRCL, D, PYPL, FAN, URA, UNG, NBR, and a few other dogs. Good thing I’ve kept my winners. D, VZ, and KHC might not be red considering dividends. But I’ll probably cut those at some point.

I thought that PENN would have been better with legalized gambling, but their competition is formidable and they own real estate properties that didn’t do well through the pandemic.

I liked KHC as it was a Buffett pick and I thought tgat it was a safe place for some retirement funds. I still don’t know what their issues have been. Margins and management missteps I’d guess.

VZ just has too much competition I’d reckon and maybe legacy land lines.

D is another puzzler. I guess that they are competing with bond markets for investment dollars and they took another hit with their borrowing costs as they spend on CAPEX.

PayPal just got about a decade ahead of a reasonable pricing for their stock. Maybe too many shares in the hands of the founders who sell off into any recovery.

I think that Stericycle might have bad management.

Buy the best companies in the best industries when they aren’t overpriced stocks.

 

[Thunder Good-Oil]

I'm conservative, but bought some of this shoe co the other day. excellent running shoes and trendy.
ONON

Schwab Equity rating is an F for ONON. 100x p/e but sales and profits are surging. They are taking a lot of shelf space from Nike and Adidas. Those two won’t sit back and let that trend continue.

Unusual that the next earnings don’t come out until late March. But they’re Swiss.

 

[kiddiedoc]

It may not be too late to get in on the weight loss drugs. I cashed my Novo for 250%, but Lilly may yet have a long upside.

 

[Thunder Good-Oil]

It may not be too late to get in on the weight loss drugs. I cashed my Novo for 250%, but Lilly may yet have a long upside.

Isn’t Novo Nordisk the leader in treating diabetes? If they have a huge block buster drug for obesity that might cannibalize their diabetes side.

The snack food companies certainly got slammed by the weight loss drugs’ emergence.

 

[Thunder Good-Oil]

Dexcom is another diabetes stock. They were cut in half over the summer - probably due to the weight loss drugs narrative. But they’ve been coming back strong over the last month.