Talking Stocks 2.0

[bimmer nerd]

I added AMZ & SQ.

Considering couple of LEAPS on Lulu

[JParm]

Originally Posted by bimmer nerd

Have been eyeing AMD as well

Strike & date?

77.5 / March 19.

[jaisonline]

Logo,
My post was NOT about lost income to doctors. I didn’t mention anything close to that.

Tech solutions like Epic and advances in equipment are obviously beneficial. I'm not seeing it for TDOC. Sure, their virtual offerings are great for patients who don’t want to travel (especially for COVID), need a quick check- up, or have non-emergencies. At the end of the day, the best patient care is in-person.

Originally Posted by logo

I’m a doctor, I disagree with this. This needs to be considered from a patient perspective, not a doctors perspective - do I get paid less? Yes. Is it better for the patient? Often yes. Also, I see overlap between telemedicine and health technology in general, and as long as technology can offer a superior solution to what I can offer, then I’ll just have to swallow my pride. Investment in telehealth and health technology is if you believe this will transform PATIENT CARE, not doctor income. Not to mention it saves the insurer a bunch of money. Doctors are low on this totem pole.

[AshCashEmAll]

Originally Posted by jaisonline

Logo,
My post was NOT about lost income to doctors. I didn’t mention anything close to that.

Tech solutions like Epic and advances in equipment are obviously beneficial. I'm not seeing it for TDOC. Sure, their virtual offerings are great for patients who don’t want to travel (especially for COVID), need a quick check- up, or have non-emergencies. At the end of the day, the best patient care is in-person.

True best patient care is in person but I’m sure most doctors think they can handle about 90% of everyday patient problems that come there way over a video call. Kaiser the biggest hmo has been cornering people to do video calls with doctors for all their problems during this pandemic. Reality is profits and efficiency is more important to hospitals and clearly they’ve found an outlet for that through telemedicine. I’m long TDOC and it’s scary to think that’s the future but then again I’m sure AI was taken the same way and look how prevalent it is in our everyday lives.


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[beshannon]

Tech might be setting up for a bounce today, Futures all positive

Momentum trade got crushed and value got a slight bump. those who get really hurt on days like this should look at their beta and either hedge or scale back the hot stocks. That is unless you are looking a very long time out.

[beshannon]

Not much of a move higher

Goldman boosts year-end S&P target to 3,700 on vaccine progress

https://seekingalpha.com/news/363487...ccine-progress

For the longer term outlook which is where I am

The strategists see the benchmark index reaching 4,300 by the end of 2021 and 4,600 by the end of 2022.

[JParm]

Tech lives on, as it always does.

I've said it before, but this market cannot move higher without all indices moving up together in my opinion. While sector rotation should happen, it shouldn't be at the huge moves we saw the last two days.

And this is why you buy the dip...

[logo]

A few big gains today on low volume, but no convincing breakout in the DOW or NASDAQ to my eye from previous highs. While the vaccine news was nice, it’s influence won’t be felt till late Q1/Q2 of 2021. So short term I’m getting a bit more wary that we see bigger drops before we see bigger gains, but who knows.

[HTXlex]

Any one have any positions in PLTR and PSTH?

[JParm]

Originally Posted by HTXlex

Any one have any positions in PLTR and PSTH?

I sold calls in PLTR the other day.

I like the price action enough to trade it, but not sure enough about the company to own longs.

[beshannon]

Originally Posted by logo

A few big gains today on low volume, but no convincing breakout in the DOW or NASDAQ to my eye from previous highs. While the vaccine news was nice, it’s influence won’t be felt till late Q1/Q2 of 2021. So short term I’m getting a bit more wary that we see bigger drops before we see bigger gains, but who knows.

Tech is bouncing but the broader market is tired

Originally Posted by HTXlex

Any one have any positions in PLTR and PSTH?

No

[Gravity]

Has anyone been going into SPCE? Been building a position since April. Definitely speculative but I feel long term this has legs.

[beshannon]

Originally Posted by Gravity

Has anyone been going into SPCE? Been building a position since April. Definitely speculative but I feel long term this has legs.

No

Far too speculative for me, 31% short interest and negative earnings.

There are not enough rich people that will take joyrides for this to be profitable anytime soon, IMHO

[JParm]

Great close today for tech - again, buy the dip and stay long, and you'll be fine.

The last two days were overdone on both the value buys and tech selloffs, as discussed here, and you have to take advantage of days like that and buy.

[7sins]

Great day today with MRNA from my post yesterday, up 9%. Listen to their CEO at conference this morning , they had very encouraging things to say for their covid vaccine and more importantly noted how mRNA will revolutionize the cure for cancer. Also storage is at 0C compared to PFE at -72C making transport easier for MRNA. If this gets greenlighted it’s going to the moon. I bought in Jan 2022 leaps. Dr Faucci is also on their board of directors...

Also added big position into RKT today. They absolutely blew past earnings, top and bottom yesterday. Best quarter ever in 35 year history, yet down 2.5%. MOST importantly, they announced a $1B buyback, that’s roughly 50M shares at $20. The float is only 100M to begin with and is 20M shares short. So now the float is cut in half to 50M shares now of which 40% is short. This is RIPE for a short squeeze and easily move back to IPO price north of $30 for the largest mortgage company in the US. This will be a home run in time.

[huncho]

Originally Posted by 7sins

Great day today with MRNA from my post yesterday, up 9%. Listen to their CEO at conference this morning , they had very encouraging things to say for their covid vaccine and more importantly noted how mRNA will revolutionize the cure for cancer. Also storage is at 0C compared to PFE at -72C making transport easier for MRNA. If this gets greenlighted it’s going to the moon. I bought in Jan 2022 leaps. Dr Faucci is also on their board of directors...

Also added big position into RKT today. They absolutely blew past earnings, top and bottom yesterday. Best quarter ever in 35 year history, yet down 2.5%. MOST importantly, they announced a $1B buyback, that’s roughly 50M shares at $20. The float is only 100M to begin with and is 20M shares short. So now the float is cut in half to 50M shares now of which 40% is short. This is RIPE for a short squeeze and easily move back to IPO price north of $30 for the largest mortgage company in the US. This will be a home run in time.

i got into rkt shortly after their ipo at around 21.5...i don't really know what's going on with that stock anymore. it went to 34 before the last earnings then fell to 20 days after they announced great earnings. was expecting some kind of move after yesterdays earnings too but nothing happened. still holding and have some calls for next year but honestly not even expecting much at this point. all the signs point towards this stock blowing up but its just sitting there. hopefully the buy back is what triggers the move back up

[7sins]

Originally Posted by huncho

i got into rkt shortly after their ipo at around 21.5...i don't really know what's going on with that stock anymore. it went to 34 before the last earnings then fell to 20 days after they announced great earnings. was expecting some kind of move after yesterdays earnings too but nothing happened. still holding and have some calls for next year but honestly not even expecting much at this point. all the signs point towards this stock blowing up but its just sitting there. hopefully the buy back is what triggers the move back up

I hope so too! I think it’s a sign how much they believe they are undervalued, that’s a huge buyback. Otherwise they would have issued a dividend instead. I wrote leap puts and own the stock and 2022 leap calls, I think $30 should be feasible next year

[bimmer nerd]

Originally Posted by 7sins

Great day today with MRNA from my post yesterday, up 9%. Listen to their CEO at conference this morning , they had very encouraging things to say for their covid vaccine and more importantly noted how mRNA will revolutionize the cure for cancer. Also storage is at 0C compared to PFE at -72C making transport easier for MRNA. If this gets greenlighted it’s going to the moon. I bought in Jan 2022 leaps. Dr Faucci is also on their board of directors...

Also added big position into RKT today. They absolutely blew past earnings, top and bottom yesterday. Best quarter ever in 35 year history, yet down 2.5%. MOST importantly, they announced a $1B buyback, that’s roughly 50M shares at $20. The float is only 100M to begin with and is 20M shares short. So now the float is cut in half to 50M shares now of which 40% is short. This is RIPE for a short squeeze and easily move back to IPO price north of $30 for the largest mortgage company in the US. This will be a home run in time.

Originally Posted by huncho

i got into rkt shortly after their ipo at around 21.5...i don't really know what's going on with that stock anymore. it went to 34 before the last earnings then fell to 20 days after they announced great earnings. was expecting some kind of move after yesterdays earnings too but nothing happened. still holding and have some calls for next year but honestly not even expecting much at this point. all the signs point towards this stock blowing up but its just sitting there. hopefully the buy back is what triggers the move back up

I have RKT $30c 1/19/22 and DKNG $60c 3/19/21

Will look into MRNA tomorrow. Thanks for the heads up.

[Gravity]

Originally Posted by beshannon

No

Far too speculative for me, 31% short interest and negative earnings.

Reminiscent of what I kept hearing about my TSLA holdings through 2019 ;)

[sgwatchguy]

Originally Posted by Gravity

Has anyone been going into SPCE? Been building a position since April. Definitely speculative but I feel long term this has legs.

Same

[pearson1995]

People who were invested in Livongo, what’s your opinions on teladoc and are you long on them?

[beshannon]

Originally Posted by Gravity

Reminiscent of what I kept hearing about my TSLA holdings through 2019 ;)

And that could be true, but the question was asked and I answered, no. I did not invest in TSLA early on either and I am just fine

[beshannon]

Futures flat on the S&P, NASDAQ +318 VIX approaching 20

Watching the action

[JParm]

https://www.barrons.com/articles/glo...?mod=hp_LEAD_1

Same story, different rally - we get vaccine news, the markets overreact exuberantly to the upside in value / cyclicals, and then we come right back to earth as people remember that cases are rising and the vaccine isn't close to being here.

Again - very long tech.

[JWD531]

Originally Posted by jpeezy14@hotmail.com

https://www.barrons.com/articles/glo...?mod=hp_LEAD_1

Same story, different rally - we get vaccine news, the markets overreact exuberantly to the upside in value / cyclicals, and then we come right back to earth as people remember that cases are rising and the vaccine isn't close to being here.

Again - very long tech.

Hospitalizations also skyrocketing, which is a greater indicator of potential lockdowns than just cases, IMO. We will see how it plays out.


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[logo]

Originally Posted by JWD531

Hospitalizations also skyrocketing, which is a greater indicator of potential lockdowns than just cases, IMO. We will see how it plays out.


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There’s a delay between cases, hospitalization, and death. The norm is that most ever cases today will translate into hospitalization in about 10-14 days, and death about 10-14 days after that. So it will get much worse still.

[beshannon]

Lower open and the NASDAQ flat as there was naturally going to be profit taking

I am not looking for any trades at this point, I raised a bit of cash earlier this week and am now content to sit with the positions I have.

AAPL demand giving suppliers a boost, I am long AAPL, SWKS, QCOM and AVGO

[JParm]

Originally Posted by pearson1995

People who were invested in Livongo, what’s your opinions on teladoc and are you long on them?

I was long LVGO and got out after the merger was announced. I've been in and out of TDOC and I'm still there, but with a smaller position than what I've had in the past.

This has nothing to do with the company itself - I like TDOC long-term, thus why I own shares, but what I don't like is the price action. Just look at the chart over the last few months.

I'll hold onto what I have now, but I don't see myself adding anymore.

On another note, AMWL and U report at the close today; long in both and will remain that way. Will most likely add to U if it does dip, as I like their business and where they're going.

[-dustin]

Those of y'all contributing to IRAs that are also managing investments on your own, is there overlap in what you're investing in? For example, if your IRA is volatile and aggressive, are you investing in similar stock/ funds on your own or are you playing it more safely?

[JParm]

Originally Posted by -dustin

Those of y'all contributing to IRAs that are also managing investments on your own, is there overlap in what you're investing in? For example, if your IRA is volatile and aggressive, are you investing in similar stock/ funds on your own or are you playing it more safely?

I'm 37, so a long time horizon - take that for what it's worth:

Money we have in stocks that I manage is very aggressive - all growth, and concentrated in less than 15 names.

My 401k is very aggressive as well, small cap tech mostly.

Roth is a bit more throttled back, with funds that track the major indices.

The remaining in mutual funds is probably the least aggressive, with again, funds tracking the indices, as well as exposure to retail, defense and other things that I don't generally invest in with the daily stock watching that I do.

There's a tiny bit of overlap there; for example, I'm heavy AMZN and GOOGL while knowing some of our funds have those in the portfolio. I don't really worry about that though.