OT: Stock and Investment Talk
- Thread starter RU-05
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I don’t know anything about it either—it’s not the type of investment I’d make at this stage of my lige but that’s just a personal preference. Make sure you read the “Important Disclosures” link in the main link, especially the Risks section, as I know you will. Note that the “Appreciation” numbers are not akin to annualized return, art is illiquid, there are some conflicts of interest including fees for administrative services and the fact that they estimate their own FMV, etc. I did not look at their Offering Circulars.Anyone hear commercials for this? I don’t know squat about securitized art so wondering if anyone has thoughts.
Masterworks
Purchase shares in great masterpieces from artists like Pablo Picasso, Claude Monet, Andy Warhol, and more.www.masterworks.io
Told you all! Nothing in the market matters until the Fed meeting notes. Since there was no FUD or surprises, the red mostly went bye, bye.
As for my NVDA!!!!!!!!!!!!!!!!!!!!! CRUSHED earnings:
www.cnbc.com
Here’s how the chipmaker did versus Refinitiv consensus expectations for the quarter ending January:
EPS: $1.32, adjusted, versus $1.22 expected, up 69% year-over-year.
Revenue: $7.64 billion, versus $7.42 billion expected, up 53% year-over-year.
Nvidia said it expects to report $8.10 billion in the first quarter, higher than analyst expectations of $7.29 billion. Nvidia CEO Jensen Huang said in a statement that the company is seeing “exceptional” demand because its chips are useful for artificial intelligence and other intensive applications.
As for my NVDA!!!!!!!!!!!!!!!!!!!!! CRUSHED earnings:
Nvidia provides strong revenue outlook on demand for computer chips
Nvidia reported fourth-quarter earnings on Wednesday.
Here’s how the chipmaker did versus Refinitiv consensus expectations for the quarter ending January:
EPS: $1.32, adjusted, versus $1.22 expected, up 69% year-over-year.
Revenue: $7.64 billion, versus $7.42 billion expected, up 53% year-over-year.
Nvidia said it expects to report $8.10 billion in the first quarter, higher than analyst expectations of $7.29 billion. Nvidia CEO Jensen Huang said in a statement that the company is seeing “exceptional” demand because its chips are useful for artificial intelligence and other intensive applications.
Great company in a growing market, plus their chips are not a commodity at all.Told you all! Nothing in the market matters until the Fed meeting notes. Since there was no FUD or surprises, the red mostly went bye, bye.
As for my NVDA!!!!!!!!!!!!!!!!!!!!! CRUSHED earnings:
Nvidia provides strong revenue outlook on demand for computer chips
Nvidia reported fourth-quarter earnings on Wednesday.
Here’s how the chipmaker did versus Refinitiv consensus expectations for the quarter ending January:
EPS: $1.32, adjusted, versus $1.22 expected, up 69% year-over-year.
Revenue: $7.64 billion, versus $7.42 billion expected, up 53% year-over-year.
Nvidia said it expects to report $8.10 billion in the first quarter, higher than analyst expectations of $7.29 billion. Nvidia CEO Jensen Huang said in a statement that the company is seeing “exceptional” demand because its chips are useful for artificial intelligence and other intensive applications.
+1
Their chips are super high end and differentiated. It is crazy to see them growing so fast!
This market is likely going nowhere until the Ukraine and inflation issues subside. And it’s not clear that a decrease in inflation won’t also mean slowing growth. Not only that, but it’s clear that a lot of retail traders got washed out and no longer have stimulus play money. Where are the stonks, memes, Wall Street bets, etc.= MIA. Even this thread is basically on life support because the stock market lost its groove with Main Street investors. It’s like when a sports team has a down year - attendance drops, news cycles, get stale, less chatter.
That’s funny because I’m the reverse. My participation in this thread went from up from occasionally scan to more participation when the market started coming down. Like I said volatility is good for trading. Also can talk more about mainstream names as opposed to esoteric high flying ones which don’t fit my risk profile.
This thread has been moving at a snail’s pace since the market started dropping. I’ve been swing trading more than ever lately because I can’t sit idle and watch the volatility.
Stop whining. Be patient and buy the dips. This is a great time to improve positions on key etfs, funds, or stocks.
Ain’t nobody whining here. I’ve been rotating my portfolio and nibbling on dips for some core positions. But also swing trading on big up/down days. The reality is that inflation is an absolute mess and far worse than anything I’ve ever seen in my lifetime. Cars, houses, food, utilities, etc. - every aspect of the economy is impacted.
So much for yesterday’s BS report:
www.cnbc.com
Russia adds 7,000 troops to Ukraine border, despite claims it would withdraw some forces, U.S. says
“There’s what Russia says and then there’s what Russia does,” Secretary of State Antony Blinken said Wednesday.
Doesn't matter either way.So much for yesterday’s BS report:
Russia adds 7,000 troops to Ukraine border, despite claims it would withdraw some forces, U.S. says
“There’s what Russia says and then there’s what Russia does,” Secretary of State Antony Blinken said Wednesday.
#dontcare
Just got back from Florida, spent Wed eve, Thurs and Friday at Disney. Absolute mob scene. Literally couldn't get in a restaurant Friday afternoon for lunch. Amazing how many people there were on a midweek non holiday. And of course the prices were ridiculous.
I'm not much into rides anymore, and the 2 hour lines made them a grueling affair, but the Star Wars section was the really cool. The rides were OK but the "world" was awesome. Not that I plan on going back anytime soon but if I did I'd just chill there and drink some gold squadron lager.
I'm not much into rides anymore, and the 2 hour lines made them a grueling affair, but the Star Wars section was the really cool. The rides were OK but the "world" was awesome. Not that I plan on going back anytime soon but if I did I'd just chill there and drink some gold squadron lager.
Buy some DIS! Business is booming. Latest Spiderman movie made almost $2B of the next quarterly earnings report.
I already own it. I would say that took some of the sting out of the ridiculous pricing but it didn't.
Still first hand experience says business is booming, at least in FL.
RBLX tanks due to earning miss, but user metrics are bullish. Buying opp?
Shares of metaverse company Roblox plummet after missing fourth quarter expectations
Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.
Roblox was a big time buy today, although it maybe a while until it recovers. These days stocks that miss on earnings are getting whacked and stay down for a while. Roblox is a stock to own for the future. They will figure out how to monitize all these users. Facebook went through the same growing pains years ago as well. If this earnings report came out 1-2 years ago, this stock would have jumped up 20%.
Volatility is where I make the money. There is nothing sweeter. When the market just goes up, it can be fun, but volatility is much more exciting.
Amazon and Visa agree to end global dispute over credit card fees
Amazon has been piling pressure on Visa to lower its fees, signaling growing frustration from retailers over the costs associated with major card networks.
Not sure I understand your reasoning. can you provide more support for purchasing?
RBLX not a stock usually for my risk profile but I'm curious about it. What makes it a better play for the Metaverse vs FB except maybe first mover advantage? Why can't FB eventually do all they do and more and eat whatever market share they and others have. Really sounds more like a video game company than anything more than that. I feel like FB could be potentially be that and more if they come through.
Sounds like growth is slowing coming out of the pandemic and metrics compared to other video game companies look expensive. I see a lot of people like it but to me I'd view it as lottery ticket speculative play and have to be willing to lose the money. I do like to play lotto though lol.
I have feeling it will drop below the IPO price over time but we'll see.
Sounds like growth is slowing coming out of the pandemic and metrics compared to other video game companies look expensive. I see a lot of people like it but to me I'd view it as lottery ticket speculative play and have to be willing to lose the money. I do like to play lotto though lol.
I have feeling it will drop below the IPO price over time but we'll see.
Completely agree on RBLX. I'm watching and will likely add it to my long hold stocks.
Define "short seller". Is that anyone that has any short positions in their portfolio or just people that specialize in short selling?
Emotional silliness. Buy such artificial dips! Perhaps AAPL will now need to revise Q1 guidance? LOL!
Solid earnings from Walmart, nice beat:
www.cnbc.com
Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices
The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.
Cathie Wood Loads Up $24.5M In Roblox As The Gaming Company's Stock Crashes - Roblox (NYSE:RBLX)
Cathie Wood-led Ark Investment Management on Wednesday raised its exposure in Roblox Corp (NYSE: RBLX) on the day shares of the social gaming platform plummeted after it reported worse-than-expected fourth-quarter results.
www.benzinga.com
Seems like a reasonable view by Josh Brown.
we are not talking about your monthly 401k. We are talking about trading/gambling ideas. A lot of trades have converted to long term holds.
Another take on RBLX (via Morningstar):Cathie Wood Loads Up $24.5M In Roblox As The Gaming Company's Stock Crashes - Roblox (NYSE:RBLX)
Cathie Wood-led Ark Investment Management on Wednesday raised its exposure in Roblox Corp (NYSE: RBLX) on the day shares of the social gaming platform plummeted after it reported worse-than-expected fourth-quarter results.
Seems like a reasonable view by Josh Brown.
Roblox Reports Weak Q4; Efforts to Age Up and Globally Diversify Player Base Appear To Be Working
Analyst Note | Updated Feb 16, 2022
Roblox posted a relatively weak end to 2021, with slowing user growth and engagement in the U.S. stoking fears that the firm won’t be able to continue its momentum coming out of the pandemic. However, the platform still saw decent growth in global daily active users, which hit 49.5 million, with improving reach among older gamers as more than 52% of users were over the age of 13. Engagement also improved to over 10.8 billion hours, up 28% versus a year ago. Despite the weak end to the year, January metrics appear strong with DAUs up 32% year over year to 54.7 million and hours engaged up 26%.
We are maintaining our $100 fair value estimate. With shares trading at a significant discount to our fair value estimate, we believe investors can gain exposure to the firm’s unique model with a large margin of safety, but we expect shares to remain highly volatile.
Profitability was also weaker than we’d expected, with the adjusted EBTIDA margin down to 21.8% during the quarter from 39.8% last year due to the ongoing investment in headcount and increased developer payouts. While Roblox has been hiring to catch up with the DAU explosion, we expect the pace of hiring to slow down. Developer exchange fees exceeded 20% of bookings for the second straight quarter, up from 18% a year ago. While these payouts will expand as a percentage of bookings, we don’t project that the firm will hit its 25% target without changing the Robux payout ratio.
Bookings improved 20% to $770 million during the quarter as the firm benefited from the larger audience and increased engagement. Roblox’s efforts to increase the age of Roblox users was also evident in other areas, as 40% of the top 1,000 games had a majority of users over the age of 13 and 50% of engagement was from this older group. Geographic diversity also continues to improve as DAUs in Asia-Pacific doubled and now represent 23% of the total versus 15% a year ago.
My recent stock purchases have essentially become long holds. However, I am mostly focusing on TQQQ and UPRO now and building up those positions. I'm also eyeing URTY as a shorter term play since the R2K is trading at a 10 year low. Small caps normally snap back after market weakness.
I saw that and potentially a good sign inflation hasn't affected consumer spending...at least for now.Solid earnings from Walmart, nice beat:
Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices
The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation.
I think retail sales were up 3.8% in January.
13F filings from David Tepper's Appaloosa showed him taking a bunch of small positions in mall based retailers. Mind you 13Fs are backward looking.
It really boils down to risk on/off. You guys keep talking about the market being rational vs. irrational. It’s all about risk management. More troops = higher risk. Less troops = lower risk. When you are managing billions of dollars or actively trading, the headline news will drive investment decisions.
+1 - Chicken Littles are so emotional. Buy all artificial dips. Money to be made!
Listen, a Russia/Ukraine war is not a minor distraction. Oil shoots up, inflation stays high, NATO mobilizes, cyberwar is a possibility, China watches and gets emboldened to do something with Taiwan. These geopolitical possibilities are no trivial matters.
The irrationality is the lack of DD that leads to these swings.
Russian state TV showed a tank battalion loaded up on rail cars departing and the market shoots up. It’s not like they were moving multiple BTGs out of the AO. Then US intel says no troops have left the border and the market tanks.
In reality there was no change to risk or threat posture, so the wild swings are irrational.
