I’m mixed on VZ. Great operator, but I don’t know where they actually fit between TMO and a revamped T. I’m in T mainly because it’s hard for me to imagine that the WM/Disc shares and refocused newco T (with 4-5% dividend) can be any worse than what the stock has done past few years.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
The only thing with these telcos and I'd say staples/utilities and the like is that I wonder if some of them undergo a rerating as the fed raises rates, especially if they're more aggressive. These stocks are seen as safety and dividend plays (vs growth) and the "accepted yield" has been lower in recent times because of zero rates. With rates going up will yields have to swing back closer to where they had been prior to this prolonged low rate environment.
Why do you choose to reject news reports from Fed members? Bloomberg News this morning is covering this. My post is based on this news.
Now, you may not agree/support their stance. But the facts of their posturing are facts.
I suggest you look at primary sources, what Fed members are saying themselves, now.
I get that you are enthusiastic. But you really don't have to respond to every post here that counters your beliefs.
Is T back down to it's recent low or close to it? I have it on my watch list, but haven't been paying too much attention. F dropped a ton as well. Both may be good entry points.
I could envision a 50bps move and I think they're telegraphing the potential for it so the market can digest it. I'm assuming July is July 2023. I don't expect 3% by July of this year.
Because Bullard is by far the biggest voting member hawk and Bostic is off the deep end (and has been for a long time). Bullard predicted massive hikes for the past 12 month and has been right 0.0 times. His colleagues ignored him at the last meeting.
Bostic is as irrelevant as it gets. Gotta put fear porn in context.
Inflation will start going down soon, especially as last year's base effect kicks in. This rate hike cycle will be historically modest.
Definitely not the new base. Rates will continue to tick up for a while. I believe getting to around 2%'ish is appropriate and likely. We all need to remember that much of the current inflation is due to non economic and monetary issues. The Fed has limited control over this. Things like Russia/UKR and COVID supply chains just need to work themselves out. Powell knows this.
Bullard this morning (as reported on Bloomberg) indicates 3% by end of 2022.
Mohamed El-Erian is on Bloomberg now and being very critical of the Fed's policy credibility. Too little, too late.
Bullard this morning: https://www.bloomberg.com/news/arti...aster-is-better-for-fed-in-rate-hike-strategy
The quote you posted above said 3% by July so that seemed a little out there to me. 3% by the end of this year? Maybe....I wouldn't rule it out if they want to front load some hikes and see how things go.
TA is still voodoo, but some voodoo is good. :)
I'm fascinated with the continued correlation between growth/tech and crypto. The really seemed to have synced up over the past several months.
Last edited:
You can still see it as voodoo and mumbo jumbo, I'm not trying to convince you or anyone but I will bring up stuff like that here because I use it and think it's useful.
These levels, averages, candlesticks etc...can all be graphical depictions of market psychology and also give potential points of equilibrium between buyers and sellers.
CL maybe another one at a bottom end of a trading range? Support below in the mid-high 60s if it did break down from the range.
Then tell me when to buy more TQQQ, UPRO, NVDA, GOOGL, AMZN, MSFT, and ENPH.
Thanks! :)
I've mentioned levels for GOOGL, AMZN, MSFT in past here before. NVDA is a good one too, others I don't have interest in.
I said potential points, I didn't say hard/concrete demarcations. It doesn't mean stocks at resistance can't break out or stocks at support can't break down or that things stay in channels/trading ranges forever. If it all held to form, I'd be super rich lol and so would anyone else. These are tools to help.
I often give specifics here more than most in terms prices and what not. Really it shouldn't matter to you as you say since you're holding and not trading. I still think getting in at potentially better prices matters even if you hold forever but it matters more if you trade and you say you don't.
Look at NKE, been mentioning that for a while and especially when it was brought up on Fast Money. They gave the 105ish level and I agreed with that (90-105) but also said right where it was that day in the 115ish area was not bad either and had some support. It turned around just there, I didn't get in at that time but took a shot a little after it seemed it may have bounced off that area. Now have given possible areas where it might run into some resistance 138 some slighter resistance and mid 140s stiffer resistance.
CL just mentioned it may be near a bottom of a trading range and if it were to break where it could go.
These are guide posts not hard and fast demarcations but I'm not flying blind as I've told you before and fundamentals still matter, it's used in conjunction with that. It's not either/or.
Nice day today. I added up my AMZN, GOOG, MSFT, AAPL and FB about 68% of my total stocks. I guess I should diversify but these stocks are so expensive. I read the S&P top might be around 4,600 before correcting.
Tech is green like the rest of the market but FB showing a little better relative strength again. So far been staying above that 210 level I mentioned which is good and I think if it can get through mid 220s then 240ish area (around where I began buying it) might not be out of the question a little bit down the line. 50DMA is in that area too. As it stands now, I'm just about break even on the shares I've bought since it's earnings drop.
AMZN pushing up against it 200DMA. MSFT in that low 300s area which I've mentioned was resistance in the past. Will be something if they can break out of these areas.
AMZN pushing up against it 200DMA. MSFT in that low 300s area which I've mentioned was resistance in the past. Will be something if they can break out of these areas.
I know 3,300 is AMZN resistance and hope it can break thru but in the long run (6 more months) will do fine. AMZN and GOOG are the safest stocks in my opinion. MSFT and AAPL lagging but they were the last to fall. I guess when the start moving faster then it’s closer to end of the recovery.
IF, still an IF, FB does get up to the 240s, something I do at times is get rid of the higher shares if I think it may have trouble going higher. I suppose something of a typical retail move. That whole sigh of relief they say where you're back to your price that you bought at, break even and then out. That's kind of how some of these support/resistance levels form too I think. Thing is for me it's not all the shares I bought in FB recently just the initial ones, so sigh of relief-ish lol.
The 50DMA is there and the huge gap (which hopefully will get closed in the future) is there so it might have trouble. So get rid of the highest shares that I acquired (240s area) there and those break even while the other shares I bought are all under 200. Then if it gets rejected by that area I think could be resistance it, say 220s or whatever then I buy some or all of them back (depending on what's happening in the market etc..)at a lower level and lower the cost basis from what it is currently. Not saying it will happen but it's an imaginary map in my head of what I could do in the future.
All great companies and long holds. I added to FB under $200, but should have bought more!
NKE fading/rejected a bit from the 50DMA in that 138 area. It has had a big run as of late, thought it could briefly penetrate up to the mid 140s before a retrace. Still holding the shares I recently acquired for now.
I may buy NKE on the next dip. I had a feeling it would fade off the highs. I didn’t love the quarter but they showed resilience in a tough environment.
I sold my NKE yesterday before earnings because you never know if goes up or down. I just brought it back at 134 and more confidence about the stock as a long term 6 mths. I sold my ADBE and will wait after the earnings to buy again.
My speculative stocks are AI, U, CRL and UPST. All doing well so far.
Last edited:
I bought in the low 120s (really could have gotten it in the teens but was too chicken at the time but took a shot after it looked like it bounced from that support). Sold some last week in the low 130s before earnings and held the rest to see how earnings would go. For now I'm holding the rest and seeing what it does. Ideally 145ish area is where I'd sell it but if it has trouble getting up there and through the 50DMA at 138ish (where it peaked today) I may sell earlier.
I'd consider buying back if it faded back to the area I bought it recently or lower. I wouldn't buy it here myself.
I'll let this post go. Little wishy washy, but acceptable. :)
And yes, even for buy and hold, better prices are helpful.
You should hold GOOGL and AMZN through their splits. Lots of companies got nice bounces after the stocks became available at lower sticker prices. AAPL, NVDA, and TSLA come to mind.
Best CEO in the business crushes it again:
A keynote from Nvidia’s CEO strengthens our belief in the chip maker’s future growth
While Nvidia CEO Jensen Huang got super technical in a highly anticipated speech Tuesday, the takeaway for investors was simple: The chip maker continues to push the boundaries of computing power and blur the lines between reality and science fiction.
In his keynote at the GTC 2022 developer’s conference, Huang introduced new technologies — both hardware and software — and laid out the many ways his company’s innovations are accelerating automation. In one example, Huang displayed the process of teaching a digital character to move more naturally, noting that Nvidia was able to cram 10 years of digital character simulations into three days in the real world.
Bottom line
There were high expectations coming into today’s event and Nvidia did not disappoint. The updates served to increase our conviction that Nvidia lies at the heart of the most exciting and innovative secular growth end markets on the planet. Without Nvidia’s hardware and software offerings, many of the other investment focus areas such as cloud, gaming, automation, robotics, professional visualization, the metaverse and any other artificial intelligence applications you can think of simply would not be possible.
While the high price-to-earnings multiple may result in limited near-term upside, over the long term we believe that the company’s best days lie ahead. With every hardware iteration greatly outperforming the last one — and the recurring revenue software services opportunity growing rapidly, the underlying business fundamentals are stronger than ever.
-----
My bottom line - Buy as much NVDA as you can! This may become the first $5T company in the near future.
A keynote from Nvidia’s CEO strengthens our belief in the chip maker’s future growth
While Nvidia CEO Jensen Huang got super technical in a highly anticipated speech Tuesday, the takeaway for investors was simple: The chip maker continues to push the boundaries of computing power and blur the lines between reality and science fiction.
In his keynote at the GTC 2022 developer’s conference, Huang introduced new technologies — both hardware and software — and laid out the many ways his company’s innovations are accelerating automation. In one example, Huang displayed the process of teaching a digital character to move more naturally, noting that Nvidia was able to cram 10 years of digital character simulations into three days in the real world.
Bottom line
There were high expectations coming into today’s event and Nvidia did not disappoint. The updates served to increase our conviction that Nvidia lies at the heart of the most exciting and innovative secular growth end markets on the planet. Without Nvidia’s hardware and software offerings, many of the other investment focus areas such as cloud, gaming, automation, robotics, professional visualization, the metaverse and any other artificial intelligence applications you can think of simply would not be possible.
While the high price-to-earnings multiple may result in limited near-term upside, over the long term we believe that the company’s best days lie ahead. With every hardware iteration greatly outperforming the last one — and the recurring revenue software services opportunity growing rapidly, the underlying business fundamentals are stronger than ever.
-----
My bottom line - Buy as much NVDA as you can! This may become the first $5T company in the near future.
Did you catch this? Nice little partnership…
Lucid Group Builds Intelligent EVs on NVIDIA DRIVE | NVIDIA Blog
By developing on DRIVE Hyperion, Lucid ensures its vehicles are always at the cutting edge, receiving continuous improvements over the air.
blogs.nvidia.com
Great partnership! Thanks for posting.Did you catch this? Nice little partnership…
Lucid Group Builds Intelligent EVs on NVIDIA DRIVE | NVIDIA Blog
By developing on DRIVE Hyperion, Lucid ensures its vehicles are always at the cutting edge, receiving continuous improvements over the air.blogs.nvidia.com
CNBC Investing Club - the link is behind a paywall. Didn't want to cut and paste the entire article, just the highlights.
Carl Icahn says there 'very well could be a recession or even worse'
The founder and chairman of Icahn Enterprises said surging inflation is a major threat to the economy.
Just not buying the recession fear.....and definitely "nothing worse". The economy is too good and so is the job market.Carl Icahn says there 'very well could be a recession or even worse'
The founder and chairman of Icahn Enterprises said surging inflation is a major threat to the economy.www.cnbc.com
I’m skeptical of soft landing but recession I’m not sure. Whatever the case may be, I like to hear opinions of people smarter than me.
Not sure why everyone is focused just on the fed funds rate. Real rates (treasury bonds/bills) have already moved a bunch and are impacting borrowing costs for short- and long-term instruments, including mortgages and corporate debt. This will start to slow down the economy. The average 30-year mortgage rate is now up to 4.7%, versus 2.875% just a few months ago. As a result, buying power is going WAY down. The additional interest equates to about $100k in interest over the life of a loan for the average home….. in the northeast, it’s even more. I heard on CNBC that, historically, it takes about 6 months to have an impact on the housing market. Bottom line, the higher borrowing costs (for cars homes, etc.) coupled with higher energy costs, will reduce disposable income for many.
Cheap money juiced the economy for the last several years, now the opposite can happen.
Cheap money juiced the economy for the last several years, now the opposite can happen.
Good point. Fidelity released a webinar today that covered this topic. The market already did a lot of the heavy lifting for the Fed. It gives me more confidence that the market will continue to perform well. It also provides a good rationale on why the market popped so much after the first rate hike. The market beat the Fed to the punch.
I remember talking to my boss 20 or so year ago, and the take away was a loan at 5% was basically free money.
We are no where near "opposite of cheap money" territory.
Latest posts
-
Football Rutgers Football promotes Charlie Noonan to Defensive Tackles Coach
- Latest: Christian0007
-
