Talking Stocks 2.0

[-dustin]

SPWR is going off today, as well. That's one of my election outcome gambles...up about 60% since I opened my position.

[jaisonline]

FYI.... regarding DKNG’s S-1, more shares unlock to sell on Oct 20. The amount is unknown at this time. Only 5% of insider shares are locked for long term holds. Ugh.

[jaisonline]

Originally Posted by huncho

it takes time to adapt to the new life and i assume it will get better as the weeks go. mlb had the same issue and they turned out fine. these guys just need to realize they cant be going out and partying every day anymore

Amen about the partying. Wish the NFLPA & NFL would agree to start putting teams in hotels and having high schoolish chaperones :)

The stock got hammered when MLB had their 2 1/2 rounds of games being canceled (Marlins, Cards, & Mets). Stock decreased -10% to -20% pretty much each round except the canceled Mets / Yanks series. Any NFL hit will be much worse. note: I do like how MLB kinda put playoff teams in wannabe bubbles.

Unlike MLB, the NFL has far larger rosters and staff.

It is what it is...

[JParm]

Another "this is why you stay invested" type of day.

I'm sitting on 10% cash on the ready, but again, heavily invested otherwise.

It's definitely been stomach-churning lately and when to deploy that last 10% has been harder to identify, but I for one am happy with today's action (especially FSLY) after what might have been following yesterday.

[beshannon]

Futures up +144 this morning, IBM is the big news so far

https://www.cnbc.com/2020/10/08/ibm-...-company-.html

Regeneron, JPMorgan Chase, Domino's Pizza - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-100820

[JParm]

https://seekingalpha.com/news/362079...tcoin-purchase

Some exposure to Bitcoin via SQ here. Not a bad move, IMO.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

https://seekingalpha.com/news/362079...tcoin-purchase

Some exposure to Bitcoin via SQ here. Not a bad move, IMO.

Well 1% of assets does not concern me. I am not a fan of virtual currencies. If that stake grows I will be a seller of SQ

[JParm]

Originally Posted by beshannon

Well 1% of assets does not concern me. I am not a fan of virtual currencies. If that stake grows I will be a seller of SQ

Interesting - I actually like the move.

Not a big fan of crypto myself, but limited exposure is ok with me. Now, at 5-10% I'm ok...once we hit 20-30%, I would be out as well.

[glenn_herwig]

I bought GBTC yesterday. That’s my exposure to bitcoin. Easy for tax reporting. And you can buy and sell in IRA or brokerage account.

[beshannon]

Markets back to treading water after being whipsawed by news headlines.

I still see nothing that has changed my view that we are over bought and too high based on the fundamentals.

I will continue to research, hold cash and wait for a better opportunity.

To revisit the ABBV discussion, this is another reason why I like the stock and hold iot long term

AbbVie acquisition of Luminera Derm probably for "several hundred million dollars"

https://seekingalpha.com/news/362088...illion-dollars

This company has cash and can look for acquisitions to add to their product pipeline

[JParm]

https://www.marketwatch.com/story/wi...S%3D1602245401

Decent insight here from HSBC. Long story short - market is acting as it should, without being too aggressive either way.

Everyone can agree that the recovery has been quick (for tech at least) and while we might stay within a certain range over the next few months, I still believe we'll be higher in 12-18 months. Continuing to buy the dip.

[austinp]

Looks like a nice open to the upside this morning.


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[avidflyer]

And it just keeps climbing....should hit 29K by the end of the week....

[Kowaco]

Am I missing something? I see articles talking about Tesla’s crazy price high EPS,but what about companies like Shopify that have no earnings. I’m invested in lots of these companies, but it reminds me of 2000 when every day a company had huge gains and everyone said this is different. It really sticks in my mind because a friend was a stock broker and he said when the NASDAQ closed above 5000 they all came out of their offices and were dancing in the hall, we all know what happened next


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[logo]

I’ve been posting about it for months, but NET has just flexed its strength today with the release of Cloudflare One. This company is so much more than just a CDN and has a very bright future IMO. It’s just getting started.

[AshCashEmAll]

Originally Posted by logo

I’ve been posting about it for months, but NET has just flexed its strength today with the release of Cloudflare One. This company is so much more than just a CDN and has a very bright future IMO. It’s just getting started.

I’ll probably buy some tomorrow. $50 still a good price


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[G8RDPM]

Miss Brian and JPeezy and their guidance/opinions today.
Hopefully they will be back soon.
Appreciate their work. This has been my most followed thread on TRF for a while!

[AshCashEmAll]

Originally Posted by G8RDPM

Miss Brian and JPeezy and their guidance/opinions today.
Hopefully they will be back soon.
Appreciate their work. This has been my most followed thread on TRF for a while!

Same. I’m 25 and don’t really have anyone around me to go to for advice. This thread is my guidance and very grateful for it too.


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[JWD531]

Originally Posted by G8RDPM

Miss Brian and JPeezy and their guidance/opinions today.
Hopefully they will be back soon.
Appreciate their work. This has been my most followed thread on TRF for a while!

I am by no means a replacement so I won’t do anything too drastic other than share what little I see. Earnings season basically starts tomorrow (some have already started nut JPM and some others really kick it off).

Expect some more “action” over the next few weeks from earnings (not just related to “that thing in a few weeks”). Market is pretty strong, nothing OVER extended but we are starting to get a little overbought in the short term in S&P500 and Nasdaq (sorry but I don’t follow DJI). Russell 2000 quietly been strong this recent month, but a small pullback will be healthy (nothing to be scared about. All approaching technical resistance levels soon. My guess is S&P gets to previous high and pulls back a bit, unless earnings push it through (less likely IMO, but historically Q4 has good returns). If it pushes through, buckle up!

Stimulus is already priced in at about 0.6% based on the reaction/correction from last week (or week before? Time flies!). So don’t expect that to skyrocket either way if that changes.

Industrials slowly starting to heat back up, FAANG+M still strong, semiconductors slightly extended in the short term so short term traders may start taking profits soon if not already.

Energy (oil/gas demand during winter) tend to perform well to end the year, but still weak. Financial sector “waking up a bit” recently as well.

Hope that helps? May not...


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[beshannon]

Originally Posted by G8RDPM

Miss Brian and JPeezy and their guidance/opinions today.
Hopefully they will be back soon.
Appreciate their work. This has been my most followed thread on TRF for a while!

Thanks and sorry, took a long weekend, back to it today.

[beshannon]

I happen to agree with this

Jim Cramer: Another day, another rally where stocks ‘go up on nothing’

https://www.cnbc.com/2020/10/12/jim-...source=twitter

The markets are forward looking but I believe things are too optimistic.

Earnings are the story this week, JPM beat

Amazon, J&J, Apple and JPMorgan - 5 Things You Must Know Tuesday

https://www.thestreet.com/markets/5-...tuesday-101320

[JParm]

Also took a long weekend - was surprised to see the levels of big tech yesterday when I glanced on relatively light-to-no news.

https://www.cnbc.com/2020/10/13/blac...ck-market.html

BlackRock CEO says we've still got legs up, with most people remaining underinvested. Story hasn't changed for me - continuing to add on dips in tech.

This earnings season will be interesting - JPM signaling a bounce back, and I know many are looking to see if that continues with the other banks / cyclicals. This could be like last quarter, where we saw great numbers from certain tech companies, only to see the stocks go down because a lot of it was probably already baked in.

I'll be looking to add to new positions this earnings immediately after reports for those companies that post very strong numbers but go the other way in stock price...good opportunities to add there when you know the fundamentals are great but maybe prices jumped a bit too much / too soon.

[beshannon]

C and JPM earnings beats could set a floor under the markets if people believe that the loan loss reserves will stabilize and credit will continue to be paid.

Tech is the other area of focus as AAPL introduces new phones and all the associated vendors that are in play there to.

I am long JPM, AAPL, QCOM, AVGO and SWKS

[JParm]

Originally Posted by beshannon

C and JPM earnings beats could set a floor under the markets if people believe that the loan loss reserves will stabilize and credit will continue to be paid.

Tech is the other area of focus as AAPL introduces new phones and all the associated vendors that are in play there to.

I am long JPM, AAPL, QCOM, AVGO and SWKS

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

Not only the new iPhone, but AMZN's Prime Day could keep us steady in the green today as well. This and the anticipation of earnings could introduce a false sense of euphoria early.

[JWD531]

Originally Posted by jpeezy14@hotmail.com

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

Not only the new iPhone, but AMZN's Prime Day could keep us steady in the green today as well. This and the anticipation of earnings could introduce a false sense of euphoria early.

AAPL typically has a down day on iPhone release day. But typically strong to end the year. I’ll be curious to see if it sells off a bit today or bucks the trend. This is definitely an unusual year.


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[KaVo8]

I’ve been looking at 3D printing technology for a recovery/restocking inventories due to prolong manufacturing shutdown since 03/2020. Would like to know your opinion for 3D printing as a longer term investment guys.


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[JWD531]

Originally Posted by beshannon

C and JPM earnings beats could set a floor under the markets if people believe that the loan loss reserves will stabilize and credit will continue to be paid.

Tech is the other area of focus as AAPL introduces new phones and all the associated vendors that are in play there to.

I am long JPM, AAPL, QCOM, AVGO and SWKS

It sure would be nice to see financials start getting back to normal. However I think there’s a reason they’re still behind. I added to my JPM position yesterday since I expected good earnings, but I’m not going all in just yet.


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[JParm]

Originally Posted by KaVo8

I’ve been looking at 3D printing technology for a recovery/restocking inventories due to prolong manufacturing shutdown since 03/2020. Would like to know your opinion for 3D printing as a longer term investment guys.


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3D printing is interesting to me, though I'm just not sold on it as an investment opportunity.

Is it an actual disruptor, or just complementary to other forms of manufacturing? Is it growing fast enough to warrant an investment vs. other technological advancements (i.e. does it deserve a place in the portfolio over other high growth opportunities)? Can I identify the clear leader amongst the group - the blue chip amongst all the players?

All questions that I would have to answer before investing and right now, I truly don't see a positive answer to any of them. That's just my personal opinion though - I could be absolutely off!

[beshannon]

Originally Posted by JWD531

It sure would be nice to see financials start getting back to normal. However I think there’s a reason they’re still behind. I added to my JPM position yesterday since I expected good earnings, but I’m not going all in just yet.


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Until we get some inflation and interest rates rise, the financials will be challenged. It could be years away. If you want to look at financials look for solid balance sheets, and undervalued prices relative to the size of their loan book and fee income.

https://seekingalpha.com/news/362169...rt-sector-open

[KaVo8]

Originally Posted by jpeezy14@hotmail.com

3D printing is interesting to me, though I'm just not sold on it as an investment opportunity.

Is it an actual disruptor, or just complementary to other forms of manufacturing? Is it growing fast enough to warrant an investment vs. other technological advancements (i.e. does it deserve a place in the portfolio over other high growth opportunities)? Can I identify the clear leader amongst the group - the blue chip amongst all the players?

All questions that I would have to answer before investing and right now, I truly don't see a positive answer to any of them. That's just my personal opinion though - I could be absolutely off!

Great point regarding id the leader among the group. I’ve been following Cathie Wood/ARK investment ETF PRNT. it’s been performing well for the 3D printing sector.

Thanks for your opinion, a different perspective.


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