OT: Stock and Investment Talk

[rutgersdave]

It’s getting scary today, might have brought too much too fast. I think am at 45-50% equity now but some really good prices. Willing to go to 60-65% if it falls to better prices. Most of my buys at 15% below and even in March the techs that I buy didn’t go below 20%.

 

[T2Kplus20]

It’s getting scary today, might have brought too much too fast. I think am at 45-50% equity now but some really good prices,

Don't get greedy! LOL. You should be happy with buying at a discount even though you may not have gotten the lowest discount possible. You are still going to make a ton of money on the upswing.

Dropped in all of our available cash on hand over the past few days and this morning (not our cash reserves, which are separate), but now considering pulling forward my annual bonuses that hit on 3/5. We are planning to invest the entire amount, since we don't need additional reserves at this time. Hmm.....it's a huge chunk of bank. Thoughts? We would borrow from our reserves and just replenish with our bonus.

 

[rutgersdave]

Don't get greedy! LOL. You should be happy with buying at a discount even though you may not have gotten the lowest discount possible. You are still going to make a ton of money on the upswing.

Dropped in all of our available cash on hand over the past few days and this morning (not our cash reserves, which are separate), but now considering pulling forward my annual bonuses that hit on 3/5. We are planning to invest the entire amount, since we don't need additional reserves at this time. Hmm.....it's a huge chunk of bank. Thoughts? We would borrow from our reserves and just replenish with our bonus.

Don’t borrow. It might be the big one, and you want to have reserve to buy later.

 

[T2Kplus20]

Don’t borrow. It might be the big one, and you want to have reserve to buy later.

We put in a lot already, so perhaps I will just want until 3/5 for when the bonus lands. Even if next week is the turnaround, I'm still happy with my moves. Shouldn't get greedy.

We will be back at all time highs soon enough. The economy is doing nicely and society is ready to open back up.

 

[RUAldo]

Don't get greedy! LOL. You should be happy with buying at a discount even though you may not have gotten the lowest discount possible. You are still going to make a ton of money on the upswing.

Dropped in all of our available cash on hand over the past few days and this morning (not our cash reserves, which are separate), but now considering pulling forward my annual bonuses that hit on 3/5. We are planning to invest the entire amount, since we don't need additional reserves at this time. Hmm.....it's a huge chunk of bank. Thoughts? We would borrow from our reserves and just replenish with our bonus.

Risky proposition...I’m all for nibbling on dips but I wouldn’t go all in unless we hit a major correction.

 

[T2Kplus20]

Risky proposition...I’m all for nibbling on dips but I wouldn’t go all in unless we hit a major correction.

See post above, agree with you and Dave. I'll wait. It's only a week anyway!

 

[rurahrah000]

Something is going on. Anyone? Rates don’t jump like that for no reason.

I am starting to think I was wrong about you. Maybe you are smarter than I initially thought

 

[RU in IM]

Risky proposition...I’m all for nibbling on dips but I wouldn’t go all in unless we hit a major correction.

and it doesn’t take much to have a major correction. Just look at the last half of 2018; there was a sizable correction and it wasn’t driven by any major event. It’s best to gradually invest your cash, unless you have an opportunity after a big correction.

 

[T2Kplus20]

and it doesn’t take much to have a major correction. Just look at the last half of 2018; there was a sizable correction and it wasn’t driven by any major event. It’s best to gradually invest your cash, unless you have an opportunity after a big correction.

+1
That's what we normally do. Can't get greedy and deviate from the plan.

 

[RUAldo]

and it doesn’t take much to have a major correction. Just look at the last half of 2018; there was a sizable correction and it wasn’t driven by any major event. It’s best to gradually invest your cash, unless you have an opportunity after a big correction.

I’ve found taking a gradual approach has worked well for me. Take profits when the time is right by trimming positions. build or add to positions on dips and corrections.

 

[mdk01]

Schwab seems more responsible than RH.

RH probably has plenty of shares to lend. Schwab apparently doesn't

 

[Rutgers Chris]

Rough day. Pretty sure it's time to sell everything and move out of the market and into NBA Top Shot.

 

[RUBlackout]

This is only the start of the correction. The market will bounce around like this for a few weeks before seeing major dips

 

[jtung230]

I am starting to think I was wrong about you. Maybe you are smarter than I initially thought

Nah, maybe just not dumber.

 

[rutgersdave]

This is only the start of the correction. The market will bounce around like this for a few weeks before seeing major dips

The techs are having their correction now but the rest of the market SPY and DIA will go down to 5-10% correction but that will take time.

 

[rurahrah000]

Rough day. Pretty sure it's time to sell everything and move out of the market and into NBA Top Shot.

Not a rough day if you hedged your portfolio like I previously suggested

 

[T2Kplus20]

This is only the start of the correction. The market will bounce around like this for a few weeks before seeing major dips

We will be back at all time highs soon. Folks were all doom and gloom with the corona crash and we were breaking all time highs within several months.

 

[T2Kplus20]

Interesting watch on the feds and BTC:

 

[Frida's Boss]

We will be back at all time highs soon. Folks were all doom and gloom with the corona crash and we were breaking all time highs within several months.

Because of government actions, both Treasury and Fed, with bipartisan support due to the virus. The risk, of course, is the bond market takes control of rates from the Fed and that control is wrestled away quickly.

 

[T2Kplus20]

Because of government actions, both Treasury and Fed, with bipartisan support due to the virus. The risk, of course, is the bond market takes control of rates from the Fed and that control is wrestled away quickly.

And aren't those actions still happening? Rates and pumping. Hell, the fed gov is about to dump another $1.9T on the masses.

All of this = 🚀 🚀 🚀 (just like last time)

 

[jtung230]

killing it today. Covered part of GME at 25%. Bought and sold Apr 1 TSLA 650 puts for 20%. Hope to close out the balance for 30% gain. I just have to not look at the rest of the portfolio and I'll be happy.

 

[Rutgers Chris]

This is interesting.

THCB a spac which recently merged with Microvast, a battery developer, recently signed a deal with the above mentioned OSK.

So OSK signs a deal for clean energy, including EV, with the USPS and OSK recently signed a deal with Microvast.

But THCB was down big today?

someone always knows something...

 

[RUAldo]

Not a rough day if you hedged your portfolio like I previously suggested

This is the kind of day I love my VXX position.

 

[coloradoknight]

The feds can have a bigger impact over short term rates. Supply and demand influence long term rates.

 

[jtung230]

This is the kind of day I love my VXX position.

Sold half today at 17.09. Almost triple down yesterday at 14.4. Did close out my GME short at 108.45. Trying not to get greedy and settle for only 34% profit. Only short left is a TSLA put and VXX.

 

[Frida's Boss]

And aren't those actions still happening? Rates and pumping. Hell, the fed gov is about to dump another $1.9T on the masses.

All of this = 🚀 🚀 🚀 (just like last time)

Yes, but in spite of those actions, you saw the 10 year yield spike. Now, it’s not at a historically high level, but a continued climb would have a meaningful impact on equity valuations. Even with the economic stimulus.

 

[RUDead]

Is anyone following Holicity (HOL) SPAC?

Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month

KEY POINTS

• Rocket builder Astra is merging with special purpose acquisition company Holicity to go public in a deal that values the rocket company at a $2.1 billion enterprise value.
• Astra will list on the Nasdaq under the ticker symbol ASTR when the SPAC deal closes, which is expected in the second quarter.
• The rocket start-up in December became the latest private company to reach space after its Rocket 3.2 vehicle launched from Kodiak, Alaska.

Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month

Rocket builder Astra is going to be the next publicly traded space stock, merging with SPAC Holicity to go public at a $2.1 billion valuation.

www.cnbc.com

 

[jtung230]

Is anyone following Holicity (HOL) SPAC?

Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month

KEY POINTS

• Rocket builder Astra is merging with special purpose acquisition company Holicity to go public in a deal that values the rocket company at a $2.1 billion enterprise value.
• Astra will list on the Nasdaq under the ticker symbol ASTR when the SPAC deal closes, which is expected in the second quarter.
• The rocket start-up in December became the latest private company to reach space after its Rocket 3.2 vehicle launched from Kodiak, Alaska.

Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month

Rocket builder Astra is going to be the next publicly traded space stock, merging with SPAC Holicity to go public at a $2.1 billion valuation.

www.cnbc.com

Literally to the moon!!!

 

[T2Kplus20]

This is the kind of day I love my VXX position.

Surely it doesn't offset your long loses. Unless you are a SUPER bear! :)

 

[rutgersdave]

All the techs stocks that I trace are down 14-17% right now and might go down 1-2% points more. I buy mostly techs that have PE , FB has a 25 PE, CRM PE 60, AMD PE 40, and ADBE 42. If they don’t turn up in a couple of months, I turn into a long term investor, a year. These stocks grow at a healthy growth.

 

[T2Kplus20]

All the techs stocks that I trace are down 14-17% right now and might go down 1-2% points more. I buy mostly techs that have PE , FB has a 25 PE, CRM PE 60, AMD PE 40, and ADBE 42. If they don’t turn up in a couple of months, I turn into a long term investor, a year. These stocks grow at a healthy growth.

+1
This pull back is a gift for tech stocks. Not going to be greedy, but I wish we had more cash on hand to buy low. Bought a bunch already. Bonuses coming next Friday! :)

 

[jtung230]

+1
This pull back is a gift for tech stocks. Not going to be greedy, but I wish we had more cash on hand to buy low. Bought a bunch already. Bonuses coming next Friday! :)

Easy Cathie. You don’t have to buy on every dip. Stick your long term strategy.

 

[T2Kplus20]

Easy Cathie. You don’t have to buy on every dip. Stick your long term strategy.

You buy or you die!!! 🚀 🚀 🚀 🚀 🚀

Which is easy to say in your mid-40s. LOL.

 

[RUAldo]

I’m not gonna lie - Musk’s antics are growing tiresome. Hope the SEC has the balls to put Musk in his place.

Redirect Notice

www.google.com

 

[RUDead]

I’m not gonna lie - Musk’s antics are growing tiresome. Hope the SEC has the balls to put Musk in his place.

Redirect Notice

www.google.com

Don't expect anything more than a slap on the wrist. He is part of the protected class.

 

[rurahrah000]

Surely it doesn't offset your long loses. Unless you are a SUPER bear! :)

No it doesn’t, but if you are like most smart investors, you probably had most of your money invested during this insane run. Buying call options on volatility will allow you to generate more revenue to invest without having to pull money from existing investments.

 

[T2Kplus20]

For the CW fans and obsessed haters on the board.....buys and sells by ARK today:

Latest Trades

	Fund	Date	Direction	Ticker	CUSIP	Company	Shares​	% of ETF
1	ARKF	02/25/2021	Buy	9923HK	G9835C108	YEAHKA LTD	708,000​	0.1781​
2	ARKF	02/25/2021	Buy	TDOC	87918A105	TELADOC HEALTH INC	39,654​	0.2038​
3	ARKF	02/25/2021	Buy	SQ	852234103	SQUARE INC	38,002​	0.1996​
4	ARKF	02/25/2021	Buy	SI	82837P408	SILVERGATE CAPITAL CORP	44,913​	0.1322​
5	ARKF	02/25/2021	Buy	PYPL	70450Y103	PAYPAL HOLDINGS INC	86,542​	0.5096​
6	ARKF	02/25/2021	Buy	OPEN	683712103	OPENDOOR TECHNOLOGIES INC	307,000​	0.2021​
7	ARKF	02/25/2021	Buy	DSYSJ	S2192Y109	DISCOVERY LTD	71,324​	0.0161​
8	ARKF	02/25/2021	Sell	LSPD	53227R106	LIGHTSPEED POS INC	59,324​	0.0958​
9	ARKF	02/25/2021	Sell	SCHW	808513105	CHARLES SCHWAB CORP/THE	246,711​	0.3533​
10	ARKF	02/25/2021	Sell	GWRE	40171V100	GUIDEWIRE SOFTWARE INC	19,579​	0.0502​
11	ARKF	02/25/2021	Sell	TCEHY	88032Q109	TENCENT HOLDINGS LTD	192,478​	0.3811​
12	ARKF	02/25/2021	Sell	AMZN	023135106	AMAZON.COM INC	7,256​	0.5071​
13	ARKG	02/25/2021	Buy	RPTX	760273102	REPARE THERAPEUTICS INC	20,646​	0.0061​
14	ARKG	02/25/2021	Buy	MASS	65443P102	908 DEVICES INC	57,853​	0.0306​
15	ARKG	02/25/2021	Buy	CMLF	18978W109	CM LIFE SCIENCES INC	369,000​	0.0682​
16	ARKG	02/25/2021	Buy	ADPT	00650F109	ADAPTIVE BIOTECHNOLOGIES CORP	183,168​	0.0949​
17	ARKG	02/25/2021	Buy	ACCD	00437E102	ACCOLADE INC	92,800​	0.0390​
18	ARKG	02/25/2021	Buy	SGFY	82671G100	SIGNIFY HEALTH INC	184,100​	0.0576​
19	ARKG	02/25/2021	Sell	TWST	90184D100	TWIST BIOSCIENCE CORP	41,202​	0.0533​
20	ARKG	02/25/2021	Sell	CDNA	14167L103	CAREDX INC	301,100​	0.2253​
21	ARKK	02/25/2021	Buy	BEAM	07373V105	BEAM THERAPEUTICS INC	298,495​	0.1165​
22	ARKK	02/25/2021	Buy	BIDU	056752108	BAIDU INC	299,835​	0.3734​
23	ARKK	02/25/2021	Buy	EXAS	30063P105	EXACT SCIENCES CORP	25,439​	0.0140​
24	ARKK	02/25/2021	Buy	TXG	88025U109	10X GENOMICS INC	52,725​	0.0390​
25	ARKK	02/25/2021	Buy	TWTR	90184L102	TWITTER INC	1,268,926​	0.4133​
26	ARKK	02/25/2021	Buy	TDOC	87918A105	TELADOC HEALTH INC	393,495​	0.3841​
27	ARKK	02/25/2021	Sell	PINS	72352L106	PINTEREST INC	885,520​	0.3067​
28	ARKK	02/25/2021	Sell	TSM	874039100	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	378,699​	0.2041​
29	ARKK	02/25/2021	Sell	SNAP	83304A106	SNAP INC	991,159​	0.2833​
30	ARKK	02/25/2021	Sell	SE	81141R100	SEA LTD	103,585​	0.1035​
31	ARKK	02/25/2021	Sell	ROKU	77543R102	ROKU INC	238,061​	0.3962​
32	ARKK	02/25/2021	Sell	REGN	75886F107	REGENERON PHARMACEUTICALS INC	33,376​	0.0642​
33	ARKK	02/25/2021	Sell	NVS	66987V109	NOVARTIS AG	14,692​	0.0054​
34	ARKQ	02/25/2021	Buy	KTOS	50077B207	KRATOS DEFENSE & SECURITY SOLUTIONS INC	95,578​	0.0744​
35	ARKQ	02/25/2021	Buy	RAVN	754212108	RAVEN INDUSTRIES INC	28,584​	0.0311​
36	ARKQ	02/25/2021	Buy	TER	880770102	TERADYNE INC	54,700​	0.1874​
37	ARKQ	02/25/2021	Buy	TRMB	896239100	TRIMBLE INC	67,500​	0.1350​
38	ARKQ	02/25/2021	Buy	VUZI	92921W300	VUZIX CORP	197,000​	0.1028​
39	ARKQ	02/25/2021	Buy	JD	47215P106	JD.COM INC	99,748​	0.2505​
40	ARKQ	02/25/2021	Buy	EXPC	30217C109	EXPERIENCE INVESTMENT CORP	66,000​	0.0277​
41	ARKQ	02/25/2021	Buy	BIDU	056752108	BAIDU INC	63,723​	0.5109​
42	ARKQ	02/25/2021	Buy	ACIC	049284102	ATLAS CREST INVESTMENT CORP	410,320​	0.1387​
43	ARKQ	02/25/2021	Sell	GOOG	02079K107	ALPHABET INC	2,800​	0.1531​
44	ARKQ	02/25/2021	Sell	XLNX	983919101	XILINX INC	59,129​	0.2013​
45	ARKQ	02/25/2021	Sell	TSM	874039100	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	57,786​	0.1973​
46	ARKQ	02/25/2021	Sell	ADSK	052769106	AUTODESK INC	26,052​	0.2004​
47	ARKQ	02/25/2021	Sell	AMZN	023135106	AMAZON.COM INC	2,480​	0.2038​
48	ARKQ	02/25/2021	Sell	SNPS	871607107	SYNOPSYS INC	29,871​	0.1976​
49	ARKQ	02/25/2021	Sell	ROK	773903109	ROCKWELL AUTOMATION INC	15,019​	0.0986​
50	ARKQ	02/25/2021	Sell	FLIR	302445101	FLIR SYSTEMS INC	158,502​	0.2289​
51	ARKW	02/25/2021	Buy	TSLA	88160R101	TESLA INC	23,966​	0.2047​
52	ARKW	02/25/2021	Buy	TDOC	87918A105	TELADOC HEALTH INC	151,423​	0.4343​
53	ARKW	02/25/2021	Buy	SQ	852234103	SQUARE INC	62,647​	0.1761​
54	ARKW	02/25/2021	Buy	SPOT	L8681T102	SPOTIFY TECHNOLOGY SA	30,850​	0.1174​
55	ARKW	02/25/2021	Buy	SKLZ	83067L109	SKILLZ INC	189,969​	0.0700​
56	ARKW	02/25/2021	Buy	SHOP	82509L107	SHOPIFY INC	7,775​	0.1196​
57	ARKW	02/25/2021	Buy	BIDU	056752108	BAIDU INC	141,918​	0.5139​
58	ARKW	02/25/2021	Buy	TWTR	90184L102	TWITTER INC	399,822​	0.3836​
59	ARKW	02/25/2021	Sell	SE	81141R100	SEA LTD	71,559​	0.2104​
60	ARKW	02/25/2021	Sell	SNAP	83304A106	SNAP INC	514,924​	0.4161​
61	ARKW	02/25/2021	Sell	CRM	79466L302	SALESFORCE.COM INC	100,695​	0.2889​
62	ARKW	02/25/2021	Sell	AAPL	037833100	APPLE INC	116,653​	0.1754​
63	ARKW	02/25/2021	Sell	BABA	01609W102	ALIBABA GROUP HOLDING LTD	377,406​	1.1185​

 

[T2Kplus20]

To sum up the day (and state of the market): 🤣

Stocks plunge in worst day of February, but GameStop surge returns: CNBC After Hours

Bob Pisani explains GameStop's sudden resurgence of strength, by pointing out that there is no real reason the stock is suddenly soaring again.

www.cnbc.com

 

[SBP]

This is the kind of day I love my VXX position.

THIS?
iPath® Series B S&P 500® VIX Short-Term Futures

 

[rurahrah000]

THIS?
iPath® Series B S&P 500® VIX Short-Term Futures

or UVXY for greater leverage