Talking Stocks 2.0

[JParm]

Originally Posted by trippinjimmy

I think if we head lower 2800 is the lowest we go. Not doing anything today (including looking at my account)and probably won’t entertain any ideas until at least Friday. Even then, with the election Tuesday, we could be in for more drama especially if a certain raising cap gains tax individual gets in. I still believe we push 4200 within 18 months. IMO we’re having a sale, but too much uncertainty in the next few days.


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Agree on the sale portion - have added to positions in CRWD, CRM and DOCU today.

Could see more pain, but I'm comfortable taking nibbles here and there.

[trippinjimmy]

Originally Posted by jpeezy14@hotmail.com

Agree on the sale portion - have added to positions in CRWD, CRM and DOCU today.

Could see more pain, but I'm comfortable taking nibbles here and there.

Especially when no one knows the bottom...nibbles are the best way to go! I’m a big fan of crowd strike and sales force!

I think in terms of adding for me, Looking at adding to TTD, msft, and intc right now.

2800 I’m all over amzn, and if we do go significantly lower, I’m attacking momentum (shop, tsla, fang, roku, etc) and etfs, vym, spyg, and mfms.

I’d like to add to jd and baba, but they’re not budging.

And my risky hr I hope pays off in 3-5 years, charlottes web. Taken a beating this past year and hasn’t quite recovered.


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[Zack21]

Originally Posted by trippinjimmy

I think if we head lower 2800 is the lowest we go. Not doing anything today (including looking at my account)and probably won’t entertain any ideas until at least Friday. Even then, with the election Tuesday, we could be in for more drama especially if a certain raising cap gains tax individual gets in. I still believe we push 4200 within 18 months. IMO we’re having a sale, but too much uncertainty in the next few days.


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That is really sound advice not to look at our accounts on a day like today. I just wish I could follow it.

[mwatt65]

I see that AT&T has a 7.73 Yield, do you think its safe to pick up some and hold for 3 to 5 years?

[trippinjimmy]

Originally Posted by mwatt65

I see that AT&T has a 7.73 Yield, do you think its safe to pick up some and hold for 3 to 5 years?

What is your definition of safe?


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[JParm]

https://www.barrons.com/articles/the...?mod=hp_LATEST

I'm no technician and earlier said that after 3200, 3000 would be our next level of support - this article thinks otherwise. Break 3200 and we could be in for something far worse.

Not sure that I agree, but more food for thought for everyone.

[mwatt65]

What's the chance of them cancelling the dividend? or reducing it? stock dropping to $15. If the yield stays the same & the stock does not drop, I would be ok with that.

[Xelorpepsi]

There is too much volatility for me right now, so I am staying away from the markets at least until next week. My main re-entry points right now are as follows: AAPL (105), AMZN (3,000), TSLA (370), SHOP (900), DIS (100). Let's see!

[trippinjimmy]

Originally Posted by mwatt65

What's the chance of them cancelling the dividend? or reducing it? stock dropping to $15. If the yield stays the same & the stock does not drop, I would be ok with that.

T has raised dividends for 36 consecutive years. I’d say you’re as close to 100% safe as you’ll get on the “cancelling” part...at this stage, it seems all stocks are volatile, so in terms of share price dropping, it may.

If you think T is a wise investment for your future but are wary about things, dca into the position over time.

Personally, I like undervalued, beaten down stocks of successful companies. Presents a great opportunity to not only get a nice dividend but appreciation in share price.

In 10 years of dca and drip-Ing T, I think you’ll be ahead of your principle from where we stand today. Do you have significant alpha, that I’m not sure of.

Do your DD on any individual stock though!


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[JParm]

https://newsfilter.io/a/45e42dfb0148...b25fa9e514d283

PINS crushes it! So glad I held through the painful Q1 results to reap the last two quarters.

This stock is not going away, gents.

FSLY, on the other hand, tanking...will listen in at 5 ET. (edit: looks to be recovering nicely).

[Screwly]

Originally Posted by jpeezy14@hotmail.com

https://newsfilter.io/a/45e42dfb0148...b25fa9e514d283

PINS crushes it! So glad I held through the painful Q1 results to reap the last two quarters.

This stock is not going away, gents.

FSLY, on the other hand, tanking...will listen in at 5 ET. (edit: looks to be recovering nicely).

+10 bucks post!!

[JParm]

Listening in on TDOC and I'm impressed with where they're headed. New partnership with Johns Hopkins, as well as another in Spain.

Price action post-earnings doesn't warrant what the company is doing - added more here.

Edit: after an initial dip in the -6% range, it is now sitting at -2% on low volume after the strong earnings call. This will get eaten up by institutions.

Listening in on FSLY now.

[JParm]

Not as impressed with FSLY's call - TikTok still seems to be at play, which I'm not a fan of.

Since last week, I've now reduced my FSLY position by nearly 80%. I'm not totally giving up on them, but have found other stocks to move into. Long FSLY, but only a very small holding now.

[beshannon]

Amazon, Apple, Tiffany, Marvell, Ford - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-102920

Futures +90 at this point, I do not expect much upward momentum even after AAPL and GOOGL earnings. We need to hold 3250 for the short term

[JParm]

https://www.cnbc.com/2020/10/29/reop...aders-say.html

You all know I'm a big tech guy, but some LEAPS are looking very attractive in cyclicals after the last few days.

Still nibbling and adding to my positions in tech, but will most likely initiate some LEAPS in MAR and WYNN, with an expiration around Jan 2022. WYNN has done a good job holding that 69 level throughout the summer.

Will obviously be watching AMZN, GOOGL and FB earnings today.

[JParm]

https://www.marketwatch.com/story/wh...S%3D1603972126

Also, let's keep in mind the long-term outlook vs. the short-term volatility (or at least take advantage of that volatility).

UBS puts a target of 3700 for the summer of '21.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

https://www.marketwatch.com/story/wh...S%3D1603972126

Also, let's keep in mind the long-term outlook vs. the short-term volatility (or at least take advantage of that volatility).

UBS puts a target of 3700 for the summer of '21.

For me that is too optimistic given the latest news flow. By 2022 I would say that is very possible.

[JParm]

Originally Posted by beshannon

For me that is too optimistic given the latest news flow. By 2022 I would say that is very possible.

I don't disagree - main takeaway there is stay long and don't panic, as we SHOULD be higher 6-12-18 months out (thus the longer-timed LEAPS that I mentioned earlier).

[JParm]

https://www.cnbc.com/2020/10/29/stoc...ses-surge.html

Good, quick read on perspective here over the last few days.

[beshannon]

Averaged down in COP, started new position in WBA

Markets bouncing with numbers out on economy that were not good and earnings which have been good for the most part.

[trippinjimmy]

Still most likely not buying today, but V is tempting me.

[bimmer nerd]

Originally Posted by jpeezy14@hotmail.com

https://www.cnbc.com/2020/10/29/reop...aders-say.html

You all know I'm a big tech guy, but some LEAPS are looking very attractive in cyclicals after the last few days.

Still nibbling and adding to my positions in tech, but will most likely initiate some LEAPS in MAR and WYNN, with an expiration around Jan 2022. WYNN has done a good job holding that 69 level throughout the summer.

Will obviously be watching AMZN, GOOGL and FB earnings today.

I like your your call on WYNN. Have been thinking about Jan 2022 calls as well.

What are some of the companies you're looking at in cyclicals?

[bimmer nerd]

How do you guys think TWTR will do after earnings?

[JParm]

Originally Posted by bimmer nerd

I like your your call on WYNN. Have been thinking about Jan 2022 calls as well.

What are some of the companies you're looking at in cyclicals?

I did execute the LEAPS that I discussed right at open for WYNN and MAR.

I also placed one for TJX just now as well.

Keeping an eye on RTX and HON. Not going to initiate any long positions in cyclicals, but LEAPS are always in play.

[avidflyer]

At what entry point for draft kings?? $35 getting attractive

[cornerstore]

Pins doing well post earnings, but that huge bullish gap up today to all time highs will likely to be back filled at some point. A 25% gap up is not a good base to move higher without some Fib retracement .

[JParm]

Originally Posted by cornerstore

Pins doing well post earnings, but that huge bullish gap up today to all time highs will likely to be back filled at some point. A 25% gap up is not a good base to move higher without some Fib retracement .

There is a part of me that's thinking about taking some profit off the table, maybe reduce position by 10%; not sure where I'm going just yet.

[Zack21]

Is anyone picking up any FSLY today? There seem to be plenty of bullish and bearish opinions out there on this one at the moment.

[logo]

Originally Posted by Zack21

Is anyone picking up any FSLY today? There seem to be plenty of bullish and bearish opinions out there on this one at the moment.

Decided I’m not touching it. Very happy with my NET as my long CDN/cyber security/cloud play.

[logo]

I said yesterday the market has some irrational volatility right now. Case in point: Big tech down 5% yesterday, up 5% today. Yesterday COVID was coming to ruin everything, today it’s not so bad and GDP/jobs looks better than anticipated with big tech blowout earnings in deck. Seems to me the market is hyper focused on present day news swings more than focused on forward looking. Keeping my focus long, we climb higher.