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beshannon · 20 July 2020, 10:46 PM

S&P target close, Wall Street analyst survey

Tony Dwyer is at a 12- to 18-month target of 3,300

JParm · 20 July 2020, 10:57 PM

Quote:

Originally Posted by beshannon

S&P target close, Wall Street analyst survey

Tony Dwyer is at a 12- to 18-month target of 3,300

Thanks for the list. Tony is usually one of the bigger bulls out there, so not surprised that he's on the higher end.

What is good to see is that most of these are in the 3000 range, with the low being 2750. Of course, this is all guess work and there's always the possibility that it could go lower than that, but the outlook looks decent over all in my opinion.

beshannon · 20 July 2020, 11:00 PM

Quote:

Originally Posted by jpeezy14@hotmail.com

Thanks for the list. Tony is usually one of the bigger bulls out there, so not surprised that he's on the higher end.

What is good to see is that most of these are in the 3000 range, with the low being 2750. Of course, this is all guess work and there's always the possibility that it could go lower than that, but the outlook looks decent over all in my opinion.

I agree which is why I am basing my current trades around a 12-18 month window.

Trying to predict next week or next month is a fools errand.

JParm · 21 July 2020, 12:08 AM

Tech stocks making a comeback early, which honestly shouldn't be much of a surprise as last week's vaccine news is now a bit stale and the DOW run-up is hitting that same wall that it did in May.

SE, FSLY and LVGO looks to have gone through a consolidation period last week and is now making bigger gains after Twilio's recent report of COVID tailwinds in the tech environment.

As always, I'm an advocate of long-term gains here and always recommend holding pat vs. taking short-term gains/losses when nothing fundamentally has changed with these 3 companies specifically.

rushca01 · 21 July 2020, 01:59 AM

I bought for the first time when the market was low back in March. This is my first real investment outside my 401k. I’m “younger” at 37 and it’s the first time I had some serious cash to put in the market. I’m really tempted to pull some cash to buy a 16610LV....I know it’s not wise but dang it would be nice.

scarlet knight · 21 July 2020, 02:19 AM

Quote:

Originally Posted by rushca01

I bought for the first time when the market was low back in March. This is my first real investment outside my 401k. I’m “younger” at 37 and it’s the first time I had some serious cash to put in the market. I’m really tempted to pull some cash to buy a 16610LV....I know it’s not wise but dang it would be nice.

If your stocks go down, you have a screen with lower prices. You should enjoy your profits periodically , IMHO.

JParm · 21 July 2020, 02:26 AM

Quote:

Originally Posted by rushca01

I bought for the first time when the market was low back in March. This is my first real investment outside my 401k. I’m “younger” at 37 and it’s the first time I had some serious cash to put in the market. I’m really tempted to pull some cash to buy a 16610LV....I know it’s not wise but dang it would be nice.

I'm 36 and if I were you, I too would take some profit off the table and enjoy it.

Money is money...what good is it if you can't enjoy life with it. It sounds like you have other investments, so why not.

logo · 21 July 2020, 02:48 AM

Quote:

Originally Posted by scarlet knight

If your stocks go down, you have a screen with lower prices. You should enjoy your profits periodically , IMHO.

Quote:

Originally Posted by jpeezy14@hotmail.com

I'm 36 and if I were you, I too would take some profit off the table and enjoy it.

Money is money...what good is it if you can't enjoy life with it. It sounds like you have other investments, so why not.

Agree with these gentlemen. All depends on your investing goals - if it’s to retire early, leave it in there. If it’s to make a bit of extra cash and have some fun, well a watch is a great choice that also happens to retain value. Me personally, I’m rooting for MSFT on behalf of my future gold sub haha. Despite this being a stock thread, we are a Rolex forum, after all.

illiguy · 21 July 2020, 02:53 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

I'm 36 and if I were you, I too would take some profit off the table and enjoy it.

Money is money...what good is it if you can't enjoy life with it. It sounds like you have other investments, so why not.

I’m glad folks are realizing that, financially, this is a bad “trade.” Moreover, watches are not investments.

But ... work to live or live to work ... enjoy life!

scarlet knight · 21 July 2020, 03:22 AM

The value is remembered after the price is forgotten.

Uggi · 21 July 2020, 05:06 AM

Any views on KO from the wise heads on here? Along with everything else I bought a chunk back in March and it is one of the few things I have hung onto after closing most of my positions out and sitting on cash waiting for opportunities. I added a bit more today ahead of Q2 figures. I think there's some value here and I like the diversification in the company.
Aston Martin is the other I've been adding to - they have a really good new strategy, new CEO, a Formula 1 return and a new Bond film out later this year.
Be curious if there are any views on either.
Other than these I'm still long on MSFT and some banks but wish I hadn't closed my entire Amazon position....

JParm · 21 July 2020, 05:45 AM

And just like in May, the calls for sector rotation out of tech are premature yet again.

I bet we'll see a 3rd cycle like this - just a fair warning to learn from these past 2 times and take advantage as best as possible.

Quote:

Originally Posted by Uggi

Any views on KO from the wise heads on here? Along with everything else I bought a chunk back in March and it is one of the few things I have hung onto after closing most of my positions out and sitting on cash waiting for opportunities. I added a bit more today ahead of Q2 figures. I think there's some value here and I like the diversification in the company.
Aston Martin is the other I've been adding to - they have a really good new strategy, new CEO, a Formula 1 return and a new Bond film out later this year.
Be curious if there are any views on either.
Other than these I'm still long on MSFT and some banks but wish I hadn't closed my entire Amazon position....

Long MSFT but not KO. I think KO is a very valuable company, though I don't know that it's one I'd be playing earnings with. Long-term, it's a solid stock.

JParm · 21 July 2020, 06:10 AM

LLNW just reported Q2 and posted beats on everything; there should be even more tailwinds for the tech stocks like FSLY here.

Again, this should not be a surprise for those following along with the tech sector and what COVID has done to accelerate business for these companies.

I'm not long LLNW but did purchase a few calls last week in anticipation of this. They were pretty cheap, so worth the gamble with all the information we have.

https://seekingalpha.com/news/359279...ats-on-revenue

chsu74 · 21 July 2020, 06:39 AM

I have LLNW and thought its a value play. However, Wall St don’t like the stock and management. APPS, EVSI and ENPH have performed much better.

JParm · 21 July 2020, 06:50 AM

Quote:

Originally Posted by chsu74

I have LLNW and thought its a value play. However, Wall St don’t like the stock and management. APPS, EVSI and ENPH have performed much better.

It looks like I spoke too soon anyway - high up immediately after hours, followed by a downward push.

We'll see how this opens tomorrow!

chsu74 · 21 July 2020, 07:10 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

It looks like I spoke too soon anyway - high up immediately after hours, followed by a downward push.

We'll see how this opens tomorrow!

The only way to make money off this position is to sell straddles based on price history of the stock

beshannon · 21 July 2020, 09:18 PM

Earnings are the news this week

https://www.thestreet.com/markets/5-...tuesday-072120

Coca-Cola EPS beats by $0.01, misses on revenue

https://seekingalpha.com/news/359297...ses-on-revenue

JParm · 21 July 2020, 09:28 PM

Quote:

Originally Posted by beshannon

Earnings are the news this week

https://www.thestreet.com/markets/5-...tuesday-072120

[/url]

Looking forward to what TSLA and MSFT bring tomorrow.

The march up in tech looks to continue, and I for one happily welcome it. We have trimmed down to 11 stocks and will most likely stay away from cyclicals until closer to year end / 2021, when wide vaccine availability should be more clearly laid out.

Are we in a tech bubble? Sure. But does that mean it cannot continue to go up? Absolutely not.

"Davis is quick to point out that he is not calling a top. The six big stocks can continue hitting new highs if the rest of the market follows along."

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

One other thing to think about is if not in tech, where else would you be? If I were to take profits from there, where would I put it to get the same return? Yes it's risky, but at least it is risk with upside at this point; can't say the same with a lot of other stocks.

beshannon · 21 July 2020, 09:45 PM

Quote:

Originally Posted by jpeezy14@hotmail.com

Are we in a tech bubble? Sure. But does that mean it cannot continue to go up? Absolutely not.

"Davis is quick to point out that he is not calling a top. The six big stocks can continue hitting new highs if the rest of the market follows along."

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

One other thing to think about is if not in tech, where else would you be? If I were to take profits from there, where would I put it to get the same return? Yes it's risky, but at least it is risk with upside at this point; can't say the same with a lot of other stocks.

Agreed, the TINA trade continues, those who constantly predict crashes never offer an alternative except cash

JParm · 21 July 2020, 10:04 PM

Quote:

Originally Posted by beshannon

Agreed, the TINA trade continues, those who constantly predict crashes never offer an alternative except cash

So true...

JParm · 21 July 2020, 11:47 PM

Looks like a bit of sector rotation early, maybe having to do with KO's positive results yesterday afternoon.

Will have to see if it continues throughout the day or if we have a late fade post-lunch.

beshannon · 22 July 2020, 12:13 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

Looks like a bit of sector rotation early, maybe having to do with KO's positive results yesterday afternoon.

Will have to see if it continues throughout the day or if we have a late fade post-lunch.

Would like to see more of this rotation as it would take some of the froth out of the current levels

logo · 22 July 2020, 01:23 AM

I can’t wait for MSFT to lay the law tomorrow with earnings and show this market why they’re king. I expect decent earnings from tech all around, but there are a few that I think will outperform, and some that will underperform relative to expectation.

JParm · 22 July 2020, 01:31 AM

Quote:

Originally Posted by logo

I can’t wait for MSFT to lay the law tomorrow with earnings and show this market why they’re king. I expect decent earnings from tech all around, but there are a few that I think will outperform, and some that will underperform relative to expectation.

Yes, tomorrow should be exciting.

Will MSFT do what's expected and beat expectations? Or will it disappoint, bringing all of tech down with it?

My money's on the former.

beshannon · 22 July 2020, 02:44 AM

Trimming some positions today, everything is to toppy for me, need to raise cash and wait out earnings and the rest of the summer

Trimmed AMZN, AAPL and CRM

JParm · 22 July 2020, 03:47 AM

For the TSLA bulls and bears:

https://www.cnbc.com/2020/07/21/tesl...f-profits.html

JParm · 22 July 2020, 06:19 AM

https://www.cnbc.com/2020/07/21/snap...s-q2-2020.html

Big miss for SNAP. Not one that I own, but could have implications for FB, PINS, TWTR, etc.

Numbers don't look terrible, but the growth story is lagging and COVID apparently did not help, which is opposite of what would be expected.

AshCashEmAll · 22 July 2020, 07:01 AM

Quote:

Originally Posted by jpeezy14@hotmail.com

https://www.cnbc.com/2020/07/21/snap...s-q2-2020.html

Big miss for SNAP. Not one that I own, but could have implications for FB, PINS, TWTR, etc.

Numbers don't look terrible, but the growth story is lagging and COVID apparently did not help, which is opposite of what would be expected.

Maybe its a personal bias but I'm in my mid 20s and I know a lot of my peer group stopped using SNAP due to Instagram adding the story feature with filters. On top of that they made updates that just made the app difficult to use from what it first was. I know a lot of people that deleted the app and never looked back and among social media apps I can confidently say it is the least popular.

JParm · 22 July 2020, 07:05 AM

Quote:

Originally Posted by AshCashEmAll

Maybe its a personal bias but I'm in my mid 20s and I know a lot of my peer group stopped using SNAP due to Instagram adding the story feature with filters. On top of that they made updates that just made the app difficult to use from what it first was. I know a lot of people that deleted the app and never looked back and among social media apps I can confidently say it is the least popular.

I'm a bit older than you (36) and haven't used SNAP since I tried it when it first came out. I could never get onboard with it as a user, and I definitely didn't see it as an investment opportunity...just personal opinion, of course.

JParm · 22 July 2020, 09:36 PM

https://seekingalpha.com/article/435...k-market-crash

Relatively basic stuff here, but wanted to share anyway for those new to the market.

MSFT / TSLA earnings after the close today, as we've discussed.

Mainly staying on the sidelines in watch and wait mode. If TSLA goes below 1400, I'll look to add.

20 July 2020, 10:46 PM	#3631
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	S&P target close, Wall Street analyst survey Tony Dwyer is at a 12- to 18-month target of 3,300 __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

21 July 2020, 12:08 AM	#3634
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	Tech stocks making a comeback early, which honestly shouldn't be much of a surprise as last week's vaccine news is now a bit stale and the DOW run-up is hitting that same wall that it did in May. SE, FSLY and LVGO looks to have gone through a consolidation period last week and is now making bigger gains after Twilio's recent report of COVID tailwinds in the tech environment. As always, I'm an advocate of long-term gains here and always recommend holding pat vs. taking short-term gains/losses when nothing fundamentally has changed with these 3 companies specifically. __________________

21 July 2020, 06:10 AM	#3643
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	LLNW just reported Q2 and posted beats on everything; there should be even more tailwinds for the tech stocks like FSLY here. Again, this should not be a surprise for those following along with the tech sector and what COVID has done to accelerate business for these companies. I'm not long LLNW but did purchase a few calls last week in anticipation of this. They were pretty cheap, so worth the gamble with all the information we have. https://seekingalpha.com/news/359279...ats-on-revenue __________________

21 July 2020, 09:18 PM	#3647
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Earnings are the news this week https://www.thestreet.com/markets/5-...tuesday-072120 Coca-Cola EPS beats by $0.01, misses on revenue https://seekingalpha.com/news/359297...ses-on-revenue __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

21 July 2020, 11:47 PM	#3651
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	Looks like a bit of sector rotation early, maybe having to do with KO's positive results yesterday afternoon. Will have to see if it continues throughout the day or if we have a late fade post-lunch. __________________

21 July 2020, 01:59 AM	#3635
rushca01 "TRF" Member Join Date: Feb 2016 Location: Indiana Watch: GMT BLRO Posts: 1,756	I bought for the first time when the market was low back in March. This is my first real investment outside my 401k. I’m “younger” at 37 and it’s the first time I had some serious cash to put in the market. I’m really tempted to pull some cash to buy a 16610LV....I know it’s not wise but dang it would be nice.

21 July 2020, 03:22 AM	#3640
scarlet knight "TRF" Member Join Date: Jul 2010 Location: USA Watch: Good ones Posts: 8,518	The value is remembered after the price is forgotten.

21 July 2020, 05:06 AM	#3641
Uggi Banned Join Date: Apr 2018 Location: HOME! Posts: 1,175	Any views on KO from the wise heads on here? Along with everything else I bought a chunk back in March and it is one of the few things I have hung onto after closing most of my positions out and sitting on cash waiting for opportunities. I added a bit more today ahead of Q2 figures. I think there's some value here and I like the diversification in the company. Aston Martin is the other I've been adding to - they have a really good new strategy, new CEO, a Formula 1 return and a new Bond film out later this year. Be curious if there are any views on either. Other than these I'm still long on MSFT and some banks but wish I hadn't closed my entire Amazon position....

21 July 2020, 06:39 AM	#3644
chsu74 "TRF" Member Join Date: Jan 2010 Location: CT Watch: 16710,116520,SLA19 Posts: 405	I have LLNW and thought its a value play. However, Wall St don’t like the stock and management. APPS, EVSI and ENPH have performed much better.

22 July 2020, 01:23 AM	#3653
logo "TRF" Member Join Date: Jan 2019 Location: North America Posts: 2,368	I can’t wait for MSFT to lay the law tomorrow with earnings and show this market why they’re king. I expect decent earnings from tech all around, but there are a few that I think will outperform, and some that will underperform relative to expectation.

22 July 2020, 02:44 AM	#3655
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	Trimming some positions today, everything is to toppy for me, need to raise cash and wait out earnings and the rest of the summer Trimmed AMZN, AAPL and CRM __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

22 July 2020, 03:47 AM	#3656
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	For the TSLA bulls and bears: https://www.cnbc.com/2020/07/21/tesl...f-profits.html __________________

22 July 2020, 06:19 AM	#3657
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	https://www.cnbc.com/2020/07/21/snap...s-q2-2020.html Big miss for SNAP. Not one that I own, but could have implications for FB, PINS, TWTR, etc. Numbers don't look terrible, but the growth story is lagging and COVID apparently did not help, which is opposite of what would be expected. __________________

22 July 2020, 09:36 PM	#3660
JParm "TRF" Member Join Date: Aug 2010 Location: NorCal Watch: Yes! Posts: 6,571	https://seekingalpha.com/article/435...k-market-crash Relatively basic stuff here, but wanted to share anyway for those new to the market. MSFT / TSLA earnings after the close today, as we've discussed. Mainly staying on the sidelines in watch and wait mode. If TSLA goes below 1400, I'll look to add. __________________

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