stock market was up today...

[Thunder Good-Oil]

Could def see Doordash fading hard. I like Zoom, but they really have no moat to speak of.

I don’t see Uber, or even ABB going away

They’re definitely not going away, but the $100B market caps could take a decade or two to justify. The thing that stuck out to me was the $200 million that UBER spent on legal expenses to fight that drivers are ICs rather than employees. One thing not mentioned though is autonomous vehicles and UBER should be in the middle of that mix. It will come down to management executing or not. Amazon was once an online bookstore.

ABB is interesting. They have a really good head start and have an advantage head-to-head with traditional hotels by not having to maintain the physical assets. But branded accommodations might be more desirable as far as preferences of travelers to stay in clean rooms. Quality control will be important. I wonder if the Hiltons, Marriotts, Hyatts, etc. could mobilize their own staffs and provide housekeeping at properties.

The article makes a dire case for Door Dash. I don’t think that that is a very good business except in highly populated areas like central business districts.

 

[Thunder Good-Oil]

And reefer... I would think that big tobacco would take a huge bite of that business once they aren’t in jeopardy of being attacked by big government.

 

[85SugarVol]

And reefer... I would think that big tobacco would take a huge bite of that business once they aren’t in jeopardy of being attacked by big government.

You think Cannabis is going to get taken out by Big Tobacco?

 

[Thunder Good-Oil]

You think Cannabis is going to get taken out by Big Tobacco?

I agree with the article that the barriers to entry aren’t onerous. The current players aren’t all that profitable considering that they are able to charge a premium. But the industry might mirror beer and wine. To compete with Bud Light the craft brewers just stay in their lane. If I ever do go long reefer it will be with Constellation Brands or an ETF like POTX.

 

[85SugarVol]

I agree with the article that the barriers to entry aren’t onerous. The current players aren’t all that profitable considering that they are able to charge a premium. But the industry might mirror beer and wine. To compete with Bud Light the craft brewers just stay in their lane. If I ever do go long reefer it will be with Constellation Brands or an ETF like POTX.

I got into Cannabis via a new ETF not too long ago. It’s a play with the major US Multi State Operators.

MSOS -
AdvisorShares Trust AdvisorShar (MSOS) Stock Price, News, Quote & History - Yahoo Finance

Interestingly (to me at least) it is a Synthetic ETF. Kinda cool.

 

[Thunder Good-Oil]

I got into Cannabis via a new ETF not too long ago. It’s a play with the major US Multi State Operators.

MSOS -
AdvisorShares Trust AdvisorShar (MSOS) Stock Price, News, Quote & History - Yahoo Finance

Interestingly (to me at least) it is a Synthetic ETF. Kinda cool.

Volume of about $50M is pretty good. $225M in assets also not bad. Trading 20% plus of the shares, I would think it’s going to be volatile, but I don’t follow trading/technicals very closely.

 

[85SugarVol]

Volume of about $50M is pretty good. $225M in assets also not bad. Trading 20% plus of the shares, I would think it’s going to be volatile, but I don’t follow trading/technicals very closely.

The top 50% of its holdings are the large US MSOs. Those are the big boys with licenses to grow and distribute in multiple states. They actually make money.

But yes, volatile none the less.

 

[1972 Grad]

Thanks. The article also mentions TDOC. I bought it at $85.76 and it's up to $204.15 now. I added 2 more yesterday in the same general field NVTA and BEAM. I didn't invest a lot in any of these. I do take some chances on a few volatile stocks, but the vast majority is in well established companies.

Another stock that I bought on Dec.17, 2020 is Lemonade (LMND) . Bought at $99.71 three weeks ago today, closed at $152.18 this afternoon. Pretty nice gain.

 

[Velo Vol]

 

[85SugarVol]

Cathie Wood’s original $4000 early call on Tesla lookin pretty good right now...

 

[SpaceCoastVol]

Interesting article down the page addressing bag holders. Pretty good points about the crazy valuations coupled with looming competition.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Thus, the five most dangerous bubble stocks are those that are likely to fail even if the anticipated sea change happens.

#1 Doordash (DASH)

#2 Zoom Technologies (ZM)

#3 Aphria/Tilray (APHA) (TLRY)

#4 Airbnb (ABNB)

#5 Uber Technologies (UBER)

APHA has been an options trader's dream.

 

[evillawyer]

Trump stock performance falls short of Obama, Clinton

 

[NorthDallas40]

Trump stock performance falls short of Obama, Clinton

LMFAO what a cherry picked narrative

 

[evillawyer]

LMFAO what a cherry picked narrative

As I said yesterday, if I said water was wet, you'd argue it's dry.

 

[NorthDallas40]

As I said yesterday, if I said water was wet, you'd argue it's dry.

This isn’t water your pushing.

Where was the floor when Barry took over sister? There was only one way to go. Now how about Trump?

All Barry did in his first term was restore the market mostly to the level it was at before the big drop at his taking office.

So now are you girls gonna count Biden’s economy as starting in May 2020? Or Jan 2021?

Sure... water is wet

 

[Thunder Good-Oil]

Which pandemic hit during the first terms of BHO and Bubba?

 

[Y9 Vol]

Trump stock performance falls short of Obama, Clinton

Ignorant

 

[Velo Vol]

Which pandemic hit during the first terms of BHO and Bubba?

The market (Dow) did better in 2020 than it did in 2018.

 

[allvol123]

The market (Dow) did better in 2020 than it did in 2018.

Weird how throwing out trillions would do that.

 

[Thunder Good-Oil]

The market (Dow) did better in 2020 than it did in 2018.

And it returned more in 2017 than in 2014, 2015, and 2016 combined. 2019 returns did as well.

 

[VolStrom]

And it returned more in 2017 than in 2014, 2015, and 2016 combined. 2019 returns did as well.

Got any predictions? I'm going to leave the majority of my money in the S&P for the duration of my time on earth so I don't screw up.

 

[Thunder Good-Oil]

Got any predictions? I'm going to leave the majority of my money in the S&P for the duration of my time on earth so I don't screw up.

I want to buy defense, but I think that the biggest names in weapons will be dead money for a bit longer. I might buy L3-Harris instead of waiting though. This administration will probably neglect the military and the Republicans will have to build it back up down the road. The big names (LMT for example) will take off when the end of the far Left’s disruption is in sight. China and Iran likely become bigger threats. Joe isn’t supposed to be as big of a China backer as he’s been portrayed.

China should be back in favor but Joe is a wild card. Especially companies that were hurt by tariffs. The key is to consider where the equity prices are at... semi-conductor business will be great, but stock prices already reflect much of their projected, positive bottom lines. Intel has lagged the other chip makers.

Hopefully the spending on the economy will be slanted toward rebuilding infrastructure (Martin Marietta Materials). But the pipeline is already under attack. We’ll probably get back to a net importer of energy soon enough, so maybe the biggest Norway ETF does well. Canada as well if the western regions aren’t ruined by their socialists in the east. Hopefully we’ll be replacing bridges and roads rather than giving handouts with the stimulus money.

Financial equities and inflation hedges seem like good (or “safer”) ideas. Green energy seems to have run too far IMO and even oil equities have bounced a bit in anticipation of $4 petro. Next Era Energy should advance. They have great management and will exploit the green economy. Chevron would be a great stock to own if they’re able to preserve that dividend.

I think that Stericycle will benefit from the vaccine deployment. Waste Management’s business seems to be well positioned, although I haven’t looked at the share prices lately.

I’ll be very happy if 2021 markets close up 5-10% from today.

 

[Y9 Vol]

The market (Dow) did better in 2020 than it did in 2018.

Wonder why?

 

[Ernest T. Vol]

I want to buy defense, but I think that the biggest names in weapons will be dead money for a bit longer. I might buy L3-Harris instead of waiting though. This administration will probably neglect the military and the Republicans will have to build it back up down the road. The big names (LMT for example) will take off when the end of the far Left’s disruption is in sight. China and Iran likely become bigger threats. Joe isn’t supposed to be as big of a China backer as he’s been portrayed.

China should be back in favor but Joe is a wild card. Especially companies that were hurt by tariffs. The key is to consider where the equity prices are at... semi-conductor business will be great, but stock prices already reflect much of their projected, positive bottom lines. Intel has lagged the other chip makers.

Hopefully the spending on the economy will be slanted toward rebuilding infrastructure (Martin Marietta Materials). But the pipeline is already under attack. We’ll probably get back to a net importer of energy soon enough, so maybe the biggest Norway ETF does well. Canada as well if the western regions aren’t ruined by their socialists in the east. Hopefully we’ll be replacing bridges and roads rather than giving handouts with the stimulus money.

Financial equities and inflation hedges seem like good (or “safer”) ideas. Green energy seems to have run too far IMO and even oil equities have bounced a bit in anticipation of $4 petro. Next Era Energy should advance. They have great management and will exploit the green economy. Chevron would be a great stock to own if they’re able to preserve that dividend.

I think that Stericycle will benefit from the vaccine deployment. Waste Management’s business seems to be well positioned, although I haven’t looked at the share prices lately.

I’ll be very happy if 2021 markets close up 5-10% from today.

The question is who has the benefit of all this liquidity in the US and around the world? I'm thinking financials, emerging markets and nasdaq. Weak dollar will work almost inverse to emerging markets. Small caps also benefit from liquidity.

 

[Thunder Good-Oil]

The question is who has the benefit of all this liquidity in the US and around the world? I'm thinking financials, emerging markets and nasdaq. Weak dollar will work almost inverse to emerging markets. Small caps also benefit from liquidity.

Yes. Good news for EMs and small cap companies. The trick is finding investment vehicles that haven’t already taken off are are getting priced to perfection. It might be a mistake but I’m holding back a lot of cash... even with the near zero yields.