OT: Stock and Investment Talk

[rutgersguy1]

DIS with good earnings on the subs and park biz. Up 8% in the extended hours. The NFLX sympathy drop would've been a good time to get in for a trade. I was tempted but I held back.

Disney parks business roars back as company beats earnings expectations, stock soars

Disney reported earnings for the fiscal first quarter that beat analyst estimates.

www.cnbc.com

 

[T2Kplus20]

FB finally gets a little bit of a bounce. A dead cat or not we'll see in some time, could always retest too. First time I've heard someone (Mr Wonderful) full throated in favor of it. Just one person's opinion of course.

Out of the rest of my MSFT and AMZN that I was holding from a recent trade. Sold both slightly above where I sold the first lots of each but basically against the same resistance areas.

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Saw that video as well. It makes sense. I definitely think FB is woefully oversold. Also, the bears tried to derail the rally again around 2:30 to 3:00pm, but the bulls said no way in hell!

 

[rutgersdave]

DIS with good earnings on the subs and park biz. Up 8% in the extended hours. The NFLX sympathy drop would've been a good time to get in for a trade. I was tempted but I held back.

Disney parks business roars back as company beats earnings expectations, stock soars

Disney reported earnings for the fiscal first quarter that beat analyst estimates.

www.cnbc.com

Glad I brought it when it was down.

 

[T2Kplus20]

DIS with good earnings on the subs and park biz. Up 8% in the extended hours. The NFLX sympathy drop would've been a good time to get in for a trade. I was tempted but I held back.

Disney parks business roars back as company beats earnings expectations, stock soars

Disney reported earnings for the fiscal first quarter that beat analyst estimates.

www.cnbc.com

Disney is pumping.....up 7%. Very good performance which should only get better. Parks moving to 100% operations, movie business improving (latest Marvel Spiderman grossed about $1.8B).

 

[RutgersNo1]

Roblox partners with NFL. Let’s gooooooo.

 

[T2Kplus20]

Roblox partners with NFL. Let’s gooooooo.

RBLX is an outstanding long hold!

 

[T2Kplus20]

KABOOM for my TWLO. Amazing beat (up 20% after hours):

Twilio spikes after major revenue beat and bold quarterly guidance

The cloud communications software company announced almost 10% more revenue than analysts had expected for the fourth quarter.

www.cnbc.com

 

[phs73rc77gsm83]

Note re: Target Date Funds

As I’ve written earlier in this thread, I’m not a big fan of Target Date funds, especially in taxable accounts, due to relative tax inefficiency and a bit higher expense ratios than creating your own glide path. I do understand how they might be desirable in some cases and have no problem with that. Those of you that hold a Vanguard Target Date mutual fund in a taxable account probably got a shock in looking at the 1099-R. Target Date funds typically have relatively high turnover due to rebalancing to stay with their glide path. In 2021, however, another factor caused significantly higher turnover. Vanguard and other fund complexes are competing for institutional dollars for 401-Ks and such. In this competition, Vanguard significantly lowered the minimum investment requirement for institutional shares. This resulted in many smaller or mid-size institutions transitioning from Admiral share classes to the newly lowered minimum institutional class to save a few basis points. To accommodate this transition, Vanguard had to sell underlying investments in retail and Admiral classes to meet redemptions. This, in turn, caused large capital gains to be realized in taxable accounts irrespective of shareholder size. This didn’t impact institutional holders or tax deferred accounts but did create huge capital gains taxes for many relatively investors.

This isn’t necessarily unique to Vanguard and could potentially occur in index funds held in taxable.

I don’t typically put much credence in many YouTube presentations but this guy has some credibility and his points have been cited by others. Just a heads up for those holding Target funds in taxable. Of course, if held in tax deferred, there is no issue.

I am a big fan of Vanguard and mutual funds but this might be a reason to focus on asset location and ETF vs mutual funds.

 

[T2Kplus20]

Note re: Target Date Finds

As I’ve written earlier in this thread, I’m not a big fan of Target Date funds, especially in taxable accounts, due to relative tax inefficiency and a bit higher expense ratios than creating your own glide path. I do understand how they might be desirable in some cases and have no problem with that. Those of you that hold a Vanguard Target Date mutual fund in a taxable account probably got a shock in looking at the 1099-R. Target Date funds typically have relatively high turnover due to rebalancing to stay with their glide path. In 2021, however, another factor caused significantly higher turnover. Vanguard and other fund complexes are competing for institutional dollars for 401-Ks and such. In this competition, Vanguard significantly lowered the minimum investment requirement for institutional shares. This resulted in many smaller or mid-size institutions transitioning from Admiral share classes to the newly lowered minimum institutional class to save a few basis points. To accommodate this transition, Vanguard had to sell underlying investments in retail and Admiral classes to meet redemptions. This, in turn, caused large capital gains to be realized in taxable accounts irrespective of shareholder size. This didn’t impact institutional holders or tax deferred accounts but did create huge capital gains taxes for many relatively investors.

This isn’t necessarily unique to Vanguard and could potentially occur in index funds held in taxable.

I don’t typically put much credence in many YouTube presentations but this guy has some credibility and his points have been cited by others. Just a heads up for those holding Target funds in taxable. Of course, if held in tax deferred, there is no issue.

I am a big fan of Vanguard and mutual funds but this might be a reason to focus on asset location and ETF vs mutual funds.

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Love Vanguard, but hate Target Date funds (all of them). They tend to be too conservative and normally come with high fees (Vanguard is probably the exception).

 

[phs73rc77gsm83]

Love Vanguard, but hate Target Date funds (all of them). They tend to be too conservative and normally come with high fees (Vanguard is probably the exception).

Yes, a bit higher fees than I like. Also, you can easily create your own glide path with whatever asset allocation your comfortable with and adjust as needed. To do this, you’d probably keep index funds in taxable and fixed income in tax deferred. If you have to rebalance in a bull market, sell stocks and bonds as needed and replenish stocks with bond sales and reallocate.

 

[T2Kplus20]

Yes, a bit higher fees than I like. Also, you can easily create your own glide path with whatever asset allocation your comfortable with and adjust as needed. To do this, you’d probably keep index funds in taxable and fixed income in tax deferred. If you have to rebalance in a bull market, sell stocks and bonds as needed and replenish stocks with bond sales and reallocate.

Completely agreed! A little effort goes a long way.

 

[rutgersguy1]

Salesforce tells employees it's working on NFT cloud service

Salesforce executives envision a way for creators to publish digital assets on OpenSea's marketplace, according to a meeting attendee.

www.cnbc.com

 

[T2Kplus20]

Big day tomorrow!

January consumer inflation expected to rise by 7.2%, the highest since 1982

Economists are expecting another hot inflation report — with the headline consumer price index running at a 7.2% pace in January.

www.cnbc.com

 

[rutgersguy1]

Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982

The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.

www.cnbc.com

 

[T2Kplus20]

Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982

The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.

www.cnbc.com

As expected, another hot month. Look for moderation to begin next month and the following as the base effect takes hold. Supply chain issues are beginning to improve, so that's a good sign!

 

[Rutgers Chris]

As expected, another hot month. Look for moderation to begin next month and the following as the base effect takes hold. Supply chain issues are beginning to improve, so that's a good sign!

First 20-30 minutes is a great explanation of our "supply chain issues" and how we could fix them with a few sensible steps.

 

[Joey Bags]

As expected, another hot month. Look for moderation to begin next month and the following as the base effect takes hold. Supply chain issues are beginning to improve, so that's a good sign!

Where are you hearing supply chain issues are improving? In virtually every industry that I've been following, the bottom is or is about to completely drop out.

Apple is concerned China is going to shut down ports for 3 weeks after the olympics.

 

[T2Kplus20]

Where are you hearing supply chain issues are improving? In virtually every industry that I've been following, the bottom is or is about to completely drop out.

Apple is concerned China is going to shut down ports for 3 weeks after the olympics.

Earnings reports of most companies.

 

[T2Kplus20]

Thankfully my long afternoon meeting ended early and I had the chance to buy a bit prior to the bell! Continued to add to my UPRO and TQQQ positions. Also made some purchases for our E-Trade account (all ETFs). Good day. :)

 

[rutgersguy1]

I think this has been a name mentioned here.

Affirm shares plummet 21% after company releases financial results early

Affirm is one of several hot "buy now, pay later" companies, which offer short-term and low-interest loans to users when they buy consumer goods online.

www.cnbc.com

 

[T2Kplus20]

I think this has been a name mentioned here.

Affirm shares plummet 21% after company releases financial results early

Affirm is one of several hot "buy now, pay later" companies, which offer short-term and low-interest loans to users when they buy consumer goods online.

www.cnbc.com

So their earnings actually look good, but they tanked their stock due to a mistaken early release?

 

[rutgersguy1]

So their earnings actually look good, but they tanked their stock due to a mistaken early release?

I think they had a bigger than expected loss than what was expected. (.57) vs expected (.32) but they did raise guidance a little because of a new relationship with Amazon to offset the issues with Peloton. Not a stock that I follow or that fits my profile. Just posted the article as an FYI.

I'm waiting to see if I can reload on some of the names I just sold.

 

[T2Kplus20]

I think they had a bigger than expected loss than what was expected. (.57) vs expected (.32) but they did raise guidance a little because of a new relationship with Amazon to offset the issues with Peloton. Not a stock that I follow or that fits my profile. Just posted the article as an FYI.

I'm waiting to see if I can reload on some of the names I just sold.

I'm good on stocks, unless we retest lows. Working on adding to the positions mentioned above. Getting an oversized annual bonus on 3/1. Gotta figure out what to do with that.

 

[Joey Bags]

Earnings reports of most companies.

True, but a lot of firms are covering up their pitfalls by cashing in on alternative investments and private equity which looks good now but isn’t sustainable long term.

 

[Rutgers Chris]

I'm good on stocks, unless we retest lows. Working on adding to the positions mentioned above. Getting an oversized annual bonus on 3/1. Gotta figure out what to do with that.

There’s really only one answer- meta real estate 😂

 

[T2Kplus20]

There’s really only one answer- meta real estate 😂

Gotta work on my meta farming!

 

[Rutgers Chris]

Gotta work on my meta farming!

I’ve already got my suite to watch meta verse Rutgers games

Page Redirection

thesuites.app

 

[RutgersNo1]

Mortgage rates hit 4% for the first time since May 2019.

 

[tom1944]

Mortgage rates hit 4% for the first time since May 2019.

My first mortgage was 16% so I dont get that worried about the new excessive mortgage rates

 

[T2Kplus20]

My first mortgage was 16% so I dont get that worried about the new excessive mortgage rates

My parents bought 30-year Ts at 12% in the early 80s. The old days! Gives you perspective when the emotional bears and CLs think the world is ending if the Fed raised rates to 2-3% LOL!

 

[jtung230]

My first mortgage was 16% so I dont get that worried about the new excessive mortgage rates

And how much was the house? It’s all relative.

 

[RutgersNo1]

The Russia news is killing the market.

 

[T2Kplus20]

The Russia news is killing the market.

These artificial news drops are always the best for buying!

 

[jtung230]

These artificial news drops are always the best for buying!

Better than yesterday or the day before?

 

[rutgersguy1]

Retest of the lows in the cards now? Regardless of whatever triggered it.

 

[rutgersguy1]

Better than yesterday or the day before?

Well I sold some stuff the day before CPI so better lol. 😉 Willing to reload some of if it falls enough and depending on how the market feels.

 

[T2Kplus20]

Retest of the lows in the cards now? Regardless of whatever triggered it.

Going to be a soft market UNTIL the Fed gives more clarity on their plan. The market is fine with what is going to happen, just doesn't like not knowing the details.

 

[T2Kplus20]

Better than yesterday or the day before?

Much better than the day before.....lots of green on Wed.

 

[T2Kplus20]

Crazy Fed Hawk Bullard gets smacked back for yesterday's comments. The majority of the Fed knows, inflation is due to supply chain and pandemic, not economic issues that the Fed directly deals with. Gotta buy on FUD like this!

 

[RUAldo]

Anyone have a sense as to whether Russia invades or strong opinion?