OT: Stock and Investment Talk
- Thread starter RU-05
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Yes, but the story is not good. Investors didn’t fall for the Tesla bot diversion. It’s hard to be a growth company when you can’t come up with new models.
Cramer said don’t buy any stocks without positive earnings. In this environment, might be advisable not to buy any stocks with PE greater than 30. Glad AAPL did well.
Plant The seeds and hope to harvest the crops in 6-9 months.
AAPL with strong earnings and V, another fave of mine, with good earnings as well. Was looking to add but for now I guess not.
V was one of my tradable stocks but the PE is too high like 44. This market is painful unless you’re out of it.
Lol...yeah, they're barely growing.
They could reveal 10 new models, but wouldn't be able to make any of them. Semiconductors. This was explained in the call.
Maybe they should have promised 30 new EV models by 2025.
Have had core positions in V and MA for a long time. I love them in their space. The PE is a little rich but they're growing and transaction volumes are doing well too. Forward PE for V is under 30.
I'm not buying it after these earnings but if there was a blip and it came down more I was waiting to add.
Yup, AAPL with the KABOOM!
www.cnbc.com
Apple revenue pops 11% to $123.9 billion, Cook says supply chain improving
Apple reported fiscal first-quarter earnings after the bell. Here are the results.
I don’t like to use forward PE and the market isn’t falling for it. I would think FB forward PE is now 17 or 18.
FB foward PE is 22 but many things are unloved right now. The sentiment is negative overall. If FB falls further I'd buy that too but it's not at levels I want currently. If valuations are little rich it's not my ideal but if it's company that I think can grow into it, isn't way out of line historically for that company and its demonstrating earnings power I can be comfortable buying it at the right price.
It looks good for all the techs but that just might be for this hour.Yup, AAPL with the KABOOM!
Apple revenue pops 11% to $123.9 billion, Cook says supply chain improving
Apple reported fiscal first-quarter earnings after the bell. Here are the results.
Confused by your post. You said the same thing as me. They can’t make new models because of chip shortage. NOT good for a growth company. They already over promised on a bunch of stuff so why not add a few more to the list.
ETA I said this is bad for all autos in an earlier post. But Tesla has more room to fall.
Lots of big companies continue to crush earnings and provide strong guidance. This is why the market will be back to ATHs soon.
Another big earnings win for the software sector. Yesterday NOW blew-up. Today it's TEAM with a home run:
www.cnbc.com
Atlassian jumps as quarterly results top estimates and company raises guidance for 2022 subscriptions
Atlassian raised its subscription growth forecast for the fiscal year as it plans to raise prices. The company also acquired start-up Percept.ai.
FWIW, you could say this at any point of any downturn in the history of the stock market. We all know the market will go up over time. It’s the “soon” you need to be careful of. I’m nibbling and day trading a bit, but need to see more consistent market moves before I get more aggressive.
I'm bullish on "soon" for 2 reasons:
1. Big companies continue to crush earnings - this always rules the day
2. Inflation will start inflecting down (perhaps not with the Feb data, but likely the March data)
Also, the market is irrationally baking in the worst case scenario and I doubt it will happen.
And despite those chip shortages, they will increase vehicle deliveries by >50% this year. The chip shortage is getting better, not worse, but we still have a year+ until the new foundries are up and running. Also, why push out new models when you can't satisfy demand for the ones already in production? Did you see they only have 4 days of vehicle inventory?
TSLA is my biggest holding by far. The market can be irrational and macro is a mess. Yesterday's call was a reassurance of my long position. No worries here.
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The 50% number is not supposed to be tested until 2023. If Tesla only beats 2021 by 50%, the stock will crater. They have to show they can produce more than 1.5mm vehicles this year. The chip shortage is impacting all automakers. But it will hit Tesla harder because of valuation multiples. This can be a short term issue and the company can do well in the long run. But expect Price pressure in the near term.
Sentiment still negative. Don't think any earnings news will lift the market appreciably. MAs still below the 200 too. I'm generally patient anyhow but with this kind of sentiment I think being patient is prudent.
Earnings are strong and will rule the day. Just keep buying and take advantage of an irrational market.
About the only thing earnings have done so far is provide some market stability. Otherwise, nobody really seems to care how well Apple and Microsoft are doing.
Over the long haul yes. I'm still willing to buy but as I say at prices I'm willing to pay. I was waiting to see if any hint of negative might have knocked down V and AAPL for me to add at a lower level but that didn't happen. If it continues to go up in the short term so be it but I won't chase.
I'm not that old but I act like an old fuddy duddy at times. Never have thought to trade with Robinhood and after the other brokers went commission free, I'm not sure what the appeal is after that and if it offers something the others don't.
I heard last night active users on it has dropped. I don't suspect this is a dot com bubble or crash but wonder if being burned in the market has turned retail traders away which is what often happens to a retail trader (of which I'm one). They get burned they go away and they don't come back, especially a younger one.
No regulation. Most brokerage firms will not allow you to trade options and leverage products unless you have experience. Anything goes in HOOD.
The traders or investors on Robin hood are most likely to be younger investors that are into speculative stocks. Many of these stocks are down 50% or more and the investors probably have been chased away. Losing half your assets would do that. During the dot com bubble, I use to talk stock with a friend at the gym and he would only invest in the dot com stocks and he lost a huge amount and never traded again. I was much more conservative in my investing back then and never invested in any of the tech stocks with high PE like Intel or Cisco.
The downfall of HOOD was that it royally pissed off their customer base and couldn't live up to their promises. That's why it is in freefall.
Cramer just announced that there has been a negative advance/decline ratio for 20 straight days. The longest in 20 years. We might be getting closer to the bottom, but there are many companies that will not bounce back; similar to many of the high flyers after the dot.com bust. As painful as it is, this pull back will be healthy for the market in the long run.
+1
When the rebound comes, it normally comes in a blink of an eye. So buy what you are comfortable with, but don't be too patient.
I tested out robinhood and have been using it since 2020. Very easy to make a trade(almost dangerous at how easy). It seems more updated in technology than a lot of other trading apps like Schwab. It also allows to trade crypto on there without having to go to coinbase.
that said, if I didn’t hold an ETH position in there I would be completely off of it and be completely in fidelity, which is a great site and commission free as well. The big difference to me in platforms is the ability to see further into your portfolio and getting insights to make decisions. As a beginner going into robinhood is easy but when you start diving deeper into tax harvesting or single name concentration you will be limited there.
I think more and more people will leave robinhood as a result. My $.02
Get on board! AAPL (and other big techs) are saving the market:
www.cnbc.com
Apple is like a 'freight train at the moment,' tech analyst says
Apple is unstoppable at the moment, according to Ben Wood, chief analyst at CCS Insight.
Tough to beat Fidelity. The platform is industry leading and customer service is amazing.
Fidelity is the best platform. I have multiple accounts with them - current 401k, IRA rollovers, brokerage. I also like E-Trade which is where we have our main brokerage account.
Agreed completely. I switched to them from Schwab after years
Seems like Robinhood really gained users after the very brief market decline when Covid hit in March 2020. Many of those guys saw speculative stocks run up pretty much unabated and their confidence grew that this would continue. Now, with some of the very sizable drops, they are realizing that it isn't as easy as they thought. Out of the market. Or index funds where they should have been from the start.
I have Fidelity and Ameritrade and I never thought of switching.
I suppose I should be grateful to Robinhood, Adoption of commission free trading among the brokers was probably at least in part instigated by them.
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