Talking Stocks 2.0

[scarlet knight]

Stupid to buy ZM tomorrow? Up 22% after hours.

[kearez]

Originally Posted by scarlet knight

Stupid to buy ZM tomorrow? Up 22% after hours.

Feel like Microsoft Teams, and Cisco WebEx will catch up eventually. My company is moving forward using Teams more and more.

[S2000_driver]

Originally Posted by jpeezy14@hotmail.com

https://www.marketwatch.com/story/ro...S%3D1598898703

If you had issues with TD or other brokerage accounts this morning, you weren't the only one (it hit my frustrations as well). Blame it AAPL and TSLA today!

TD choked but thinkorswim app worked just fine for me...

[HippoPAPAmus]

Originally Posted by kearez

Feel like Microsoft Teams, and Cisco WebEx will catch up eventually. My company is moving forward using Teams more and more.

I think Zoom still has a place, but many are pushing hard to get a market share. I would not buy in tomorrow as I expect a pull back in the next few days / week. I intend chase it up with my stops all day. If drops, I’ll happily take my profits and move on.


Sent from my iPhone using Tapatalk

[beshannon]

Originally Posted by scarlet knight

Stupid to buy ZM tomorrow? Up 22% after hours.

I have no interest in ZM and would never use the product, I just post this for information

https://seekingalpha.com/article/437...ter-dont-chase

[trippinjimmy]

Originally Posted by scarlet knight

Stupid to buy ZM tomorrow? Up 22% after hours.

Yes, it's up 22% after hours! Buy low/sell high buddy, not the inverse.

If it drops after this initial earnings boost to share price, and you believe in the company's long term prospects, look into picking some up, but I question how much room it'll have left to run with it already trading at 1846.97x earnings as of yesterday's close.

[beshannon]

Zoom Video, Apple, Kodak, Dow Futures - 5 Things You Must Know Tuesday

https://www.thestreet.com/markets/5-...tuesday-090120

[JParm]

https://www.cnbc.com/2020/09/01/tesl...mid-rally.html

Sold out of a 1/3 of my position in TSLA.

That's one stock I don't mind locking profits in; greatly overvalued, but still have skin in the game in case more craziness ensues.

"If Tesla is selling, maybe you should too."

[beshannon]

Originally Posted by jpeezy14@hotmail.com

https://www.cnbc.com/2020/09/01/tesl...mid-rally.html

Sold out of a 1/3 of my position in TSLA.

That's one stock I don't mind locking profits in; greatly overvalued, but still have skin in the game in case more craziness ensues.

"If Tesla is selling, maybe you should too."

TSLA is further going to dilute its shareholders

Tesla to sell up to $5 billion in stock amid rally

https://www.cnbc.com/2020/09/01/tesl...mid-rally.html

[JParm]

Originally Posted by beshannon

TSLA is further going to dilute its shareholders



https://www.cnbc.com/2020/09/01/tesl...mid-rally.html

haha, yes - the same article I shared.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

haha, yes - the same article I shared.

As sorry, I did not see the link

[PeqFB]

I’m going to take some of my TSLA’s profits and sell about 50%. No reason to get too greedy plus it can’t keep going up right????

[beshannon]

Originally Posted by PeqFB

I’m going to take some of my TSLA’s profits and sell about 50%. No reason to get too greedy plus it can’t keep going up right????

No one ever went broke taking a profit.

The market can remain irrational longer than you can remain solvent.

https://seekingalpha.com/news/361042...led-smart-move

I have mixed feelings. I was going to buy at the open yesterday and did not. The stock continues to run away from me and I hate to chase. The upside is where? Post split targets at 700? Why? Because it can? I am really torn and would like to own a position for the long term but I cannot help but think there is a pullback waiting.

[logo]

Originally Posted by PeqFB

I’m going to take some of my TSLA’s profits and sell about 50%. No reason to get too greedy plus it can’t keep going up right????

Dog leashes give freedom to move forward and back. Some dogs lag, some dogs stay by masters side, some are overzealous and get ahead of themselves. For the latter, at some point the leash ends and there’s only one direction left to go. That, or J Powell buys you a longer leash.

[logo]

Originally Posted by beshannon

No one ever went broke taking a profit.

The market can remain irrational longer than you can remain solvent.

https://seekingalpha.com/news/361042...led-smart-move

I have mixed feelings. I was going to buy at the open yesterday and did not. The stock continues to run away from me and I hate to chase. The upside is where? Post split targets at 700? Why? Because it can? I am really torn and would like to own a position for the long term but I cannot help but think there is a pullback waiting.

I agree with you. I just can’t put my hard earned money into something I know is so grossly overvalued. Don’t get me wrong, I like their cars and value what their overall goal is, but they do not have the pipeline, in my view, to ever come close to running a multi trillion dollar monopoly like AAPL has. I would love to hear any Tesla bull here rationalize why this stock is priced right currently. I personally see them as a car company, not so much a major energy or tech player. All cars have tech. All cars use energy. Several automakers dabble in side projects. I guess it’s just Musk himself that makes up the 300B in overvalue?? We must keep in mind that things like the boring company, spaceX, Neuralink (which I think is snake oil), are not Tesla. At the current valuation, TSLA would need to increase their EPS by an order of magnitude to be even considered somewhat more overvalued than even AAPL, let alone a car or energy company.

[JWD531]

Originally Posted by logo

I agree with you. I just can’t put my hard earned money into something I know is so grossly overvalued. Don’t get me wrong, I like their cars and value what their overall goal is, but they do not have the pipeline, in my view, to ever come close to running a multi trillion dollar monopoly like AAPL has. I would love to hear any Tesla bull here rationalize why this stock is priced right currently. I personally see them as a car company, not so much a major energy or tech player. All cars have tech. All cars use energy. Several automakers dabble in side projects. I guess it’s just Musk himself that makes up the 300B in overvalue?? We must keep in mind that things like the boring company, spaceX, Neuralink (which I think is snake oil), are not Tesla. At the current valuation, TSLA would need to increase their EPS by a factor of 30 to be even considered somewhat more overvalued than even AAPL, let alone a car or energy company.

It’s okay to simply say “you missed it,” and get back in when it isn’t so overvalued. There are thousands of other stocks out there... I try not to dwell on the opportunities I missed, just the ones I can get into now. If you use sound judgment and listen to your own internal risk tolerances, you shouldn’t be disappointed.


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[beshannon]

Originally Posted by JWD531

It’s okay to simply say “you missed it,” and get back in when it isn’t so overvalued. There are thousands of other stocks out there... I try not to dwell on the opportunities I missed, just the ones I can get into now. If you use sound judgment and listen to your own internal risk tolerances, you shouldn’t be disappointed.


Sent from my iPhone using Tapatalk

Agreed.

Discipline over conviction!

[-dustin]

TSLA hovering around -1%. I'll hold out and see what happens. NIO reaction to their dilution sunk the stock briefly. And still ended in the green. I don't know that TSLA follows the same rules as everyone else. Which is concerning, but at the same time, fun to watch. When it's going well.

[JParm]

Pretty nice green day on the tech end thus far; APPS making some nice moves as well.

Patiently waiting for a few dips to deploy some new cash.

[Hard_Six]

Originally Posted by jpeezy14@hotmail.com

Pretty nice green day on the tech end thus far; APPS making some nice moves as well.

Patiently waiting for a few dips to deploy some new cash.

Definitely liking that APPS movement

[JParm]

https://www.cnbc.com/2020/09/01/coro...on-deeter.html

If you still haven't invested in cloud / digital transformation stocks, I would suggest you take a deep look into it.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

https://www.cnbc.com/2020/09/01/coro...on-deeter.html

If you still haven't invested in cloud / digital transformation stocks, I would suggest you take a deep look into it.

I agree

I am long MSFT, CRM, ADBE, CSCO and PYPL

[scarlet knight]

There is also the next generation of cloud stocks that are more turbo charged. Zoom, Fastly, Crowdstrike, Zscaler, etc.

Handle with care.

[JParm]

Originally Posted by scarlet knight

There is also the next generation of cloud stocks that are more turbo charged. Zoom, Fastly, Crowdstrike, Zscaler, etc.

Handle with care.

Very true. We might as well throw e-commerce names into there as well.

I would not blindly go out and invest in anything internet-related just because of name (a la dot-com boom).

There's a reason why FSLY is one of my largest holdings, along with SE. I've done my research and have invested in what I personally feel are best of breed.

Due diligence is key.

[RBradleigh]

Originally Posted by beshannon

No one ever went broke taking a profit.

The market can remain irrational longer than you can remain solvent.

https://seekingalpha.com/news/361042...led-smart-move

I have mixed feelings. I was going to buy at the open yesterday and did not. The stock continues to run away from me and I hate to chase. The upside is where? Post split targets at 700? Why? Because it can? I am really torn and would like to own a position for the long term but I cannot help but think there is a pullback waiting.

I realize ETFs aren’t sexy but I’ve seen a nice (on paper) gain with QCLN as a way to get exposure to TSLA. I believe TSLA is it’s largest holding, ~ 10%

I’m up 77% and initial buy was before the Covid crash. Of course the surge mainly due to TSLA.

[beshannon]

Adding to ABBV, the news and weakness in the sector is overdone IMHO.

9 P/E with a 4.9% yield is too good. Forward P/E is 7.7

[JParm]

https://seekingalpha.com/news/361054...-extraordinary

https://www.cnbc.com/2020/09/01/inve...isors-say.html

2 sides to the AAPL / TSLA coin.

As a long-term bull, I err towards the Seeking Alpha article - but that does not mean blindly put your money into these two stocks.

[trippinjimmy]

Originally Posted by jpeezy14@hotmail.com

https://seekingalpha.com/news/361054...-extraordinary

https://www.cnbc.com/2020/09/01/inve...isors-say.html

2 sides to the AAPL / TSLA coin.

As a long-term bull, I err towards the Seeking Alpha article - but that does not mean blindly put your money into these two stocks.

Apple's "only" 38.83 PE...whereas TSLA is 1200 and change. I really don't know what to make of the markets at this point. I, like you, have been bullish since March and am enjoying massive returns...but how long can this be sustained?

It's comforting to know that as of last week, there's still trillions sitting in money market accounts waiting to be deployed.

Is the massive overbuying of equities the "new normal" and representative of early inflation from the Fed's money printing machine?

The indices rise this past decade correlates very highly with both QE and low interest rates, which aren't going anywhere.

I tend to think we can go higher yet, but I'd be lying if I said I'm not starting to question my bullishness. I'd like to see some type of pullback in the next few months so I can deploy more cash I'm sitting on.

In the meantime, I'll just keep trickling money in weekly to my faves on isolated pullbacks.

[beshannon]

Originally Posted by trippinjimmy

It's comforting to know that as of last week, there's still trillions sitting in money market accounts waiting to be deployed.

Is the massive overbuying of equities the "new normal" and representative of early inflation from the Fed's money printing machine?

The indices rise this past decade correlates very highly with both QE and low interest rates, which aren't going anywhere.

I tend to think we can go higher yet, but I'd be lying if I said I'm not starting to question my bullishness. I'd like to see some type of pullback in the next few months so I can deploy more cash I'm sitting on.

In the meantime, I'll just keep trickling money in weekly to my faves on isolated pullbacks.

I agree and the TINA trade is still going. Don't fight the Fed and don't fight the tape.

Stay vigilant and keep stops and limits tight if you are protecting profits. I feel the same way but cash is nearly worthless and in some cases bad.

[JParm]

Originally Posted by trippinjimmy

I tend to think we can go higher yet, but I'd be lying if I said I'm not starting to question my bullishness. I'd like to see some type of pullback in the next few months so I can deploy more cash I'm sitting on.

In the meantime, I'll just keep trickling money in weekly to my faves on isolated pullbacks.

Agree with you here. I have some extra cash I'd like to deploy, but patiently waiting on a pullback that we know should come.