Starting to see more and more western media floating the idea that China’s continued brutal lockdown of port and manufacturing cities is more of a backhanded way to turn the screws against the West rather than a true public health precaution.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
^^^^^ Perfect example of cause and effect fallacy. Just like a few CLs on this board actually tried to take credit for their long predicted market crash in 2020. Like there wasn't a 100-year pandemic! LOL.
FYI - during that time period cited, the market performed well.
Silly fear porn. China has a zero COVID policy and it is unsustainable. They painted themselves in a corner and lack natural or vaccine produced immunity. Sooner or later COVID is going to whack them just like what happened in NZ.
I dunno this hurts their economy as well, and from the get go, once they figured out there was a real issue, (aside from letting people out of the country), they have been pretty heavy handed in terms of trying to control the spread of the virus. This is how they've handled it, and unlike in the US and other countries there has been no citizenry as well as politicians in power who have revolted against the measures.
Exactly!! Recessions happen 6 to 18 months after rising rates and the inversion.
Time to temporarily get back into the volatility play. There will be a time to get back into growth stocks at some point in the future. I have been selling a lot of upside calls on my growth stocks at strike prices I would be comfortable getting called. The premium is then redirected towards volatility. Unfortunately, I don't have a money tree in the backyard like some people.
Last edited:
COST is a premium PE. I don’t think WMTs PE is too bad when you take forward PE into account. I’m not one though to buy things at ATHs even if it may be breaking out. I’m more the knife catcher.
Proshares has some nice VIX-related options.....including shorting that bizatch!
Citi makes the BUY call for RBLX this morning. Also, gotta believe SOFI is going to get whacked again due to Biden extending the student loan repayment freeze.
Best to pick up that knife from the floor after it's fallen, and even then only if it's a real good knife. But seriously, I'm value-oriented with individual stocks. Funds, too, for that matter. "Forward" earnings projections are problematic. Too many variables at work today and thus tomorrow.
Most of time, someone picks up the knife and puts it back in the draw before you realize it's on the floor.
Great value fund = DODGX
Buffet just invested $$$ in HPQ. I had been looking at HPE, the enterprise company. P/e of 5.67. 15.85 share price. 3.04% dividend. That appears to be a nice knife on the floor.
You already missed HPQ's pop:
Warren Buffett’s Berkshire Hathaway reveals an 11% stake in HP (HPQ). Shares up more than 15% in premarket trading Thursday. Good quarter, but is work from home dead? Makes things, buys back stock and $1 billion in dividends.
As for HPE, textbook value trap. Pass on that one.
Saw that but stock retreated this morning. CW is a big investor. Hope she is right on this name. Will be some tough sledding the next couple of years.
I think RBLX will be a big winner in the long run, but these are the stocks taking a big hit now. Perhaps a better price can be had if patient?
Many of the same sectors in the green today as yesterday...pharma/healthcare, defense, staples. COST, WMT, dollar stores still running and CL maybe breakout above the 200DMA.
Combo.
401k - normal schedule (obviously)
Brokerage account - every other week, but may wait a day or two to invest based on market trends. May also add in extra cash if there is a compelling opportunity.
Fun account - mostly ad hoc
Anyone look at the chart for UHS? My eyes see a recent golden cross and cup and handle forming since 07/21. I bought 100 of the 5/22 140 calls for 5 dollars a few days ago. I didn't use a call spread, but target would be between $160-175 after earnings. If I were to do a call spread, I would sell the $170 call for 05/22. My $140 call is already almost at break even.
Last edited:
Besides the constant BTC buys, I've been using the last 2 mos to DCA into stocks I'm now upside down on and I believe have upside. Unity, Canopy Growth, Draftkings, GMBL, SKLZ, ARKK, ARKX & Sofi.
Unity- Software that 3/4's of mobile apps are built on
Canopy- Long term pot play.
Draftkings - Leader in online gambling, w/o the overhead of physical casinos like other competitors
GMBL/SKLZ - Online esports gambling. Ask your kids about esports.
ARK funds. I'm a Cathie fanboy. unapologetic
Sofi-Big name in a very competitive space. On sale due to Uncle Joe's student loan moratorium continuing.
I also have a couple of Space plays Ive been looing to get more involved in
Unity- Software that 3/4's of mobile apps are built on
Canopy- Long term pot play.
Draftkings - Leader in online gambling, w/o the overhead of physical casinos like other competitors
GMBL/SKLZ - Online esports gambling. Ask your kids about esports.
ARK funds. I'm a Cathie fanboy. unapologetic
Sofi-Big name in a very competitive space. On sale due to Uncle Joe's student loan moratorium continuing.
I also have a couple of Space plays Ive been looing to get more involved in
Cathie wood will be I. Our office in may for a thematic investing event we are hosting. I’m a fanboy also and own a few of her ETFs. I like the thoughts behind it all yet down quite a sum of money but more long term holds.
I am just trying to be smarter about my DCA and approach lately as everything is a long term
Hold but how I disperse money is the question in my buy in
Makes sense. The question is always how to disperse the funds owning many different positions across spaces. Not just as easy as throwing $500 constantly into VOO every two weeks though that is an option. Just trying to see what others do
Many brokerages will allow you to create your own basket of stocks, etc. you can create your own basket and then add money with allocation of percentages of monies to each equity.
For our E-Trade brokerage account, we use a simple plan. This is where most of our excess monthly cash goes. It is now our 2nd largest account. Our overall strategy is to add and buy, but not sell (to avoid taxes). As such, we are pretty conservative with hold "forever" ETFs. We avoid mutual funds since it is a taxable account.
We use our cash every 2 weeks to increase positions WHILE keeping our holdings in their appropriate allocation ranges. Sometimes we only buy 1 or 2 ETFs. Sometimes we buy all 8. Details:
VONE (R2K index) = 24-25%
IWF (R2K growth index) = 19-20%
IGM (tech index) = 12-13%
VIG (dividend index) = 12-13%
VTV (value index) = 12-13%
SOXX (semi index) = 6.5-7.5%
VO (mid-cap index) = 5-6%
VB (small-cap index) = 5-6%
My "fun" account with leveraged ETFs, crypto plays, and other wild stuff is a Fidelity brokerage. This is the account that I mess around with the most. :)
I like SOFI long term, but it would be nice for DC to stop screwing them. LOL!
Mentioned them a couple times, and I've been in it for awhile, mostly being flat,
HII.
It's pretty much flat if you look at the one year, 3 year, and even the 5 years chart.
But if you look at the 10 year you see a 5x run from 2013 to 2018, going from under $50 to $250.
It's currently at $200, so it's pulled back from those ath's back in 2018, but as I mention it's been flat over the last 5 years, so it's building a pretty long base.
Current P/E at 16x, with 15ish % expected eps growth for the forseeable.
HII.
It's pretty much flat if you look at the one year, 3 year, and even the 5 years chart.
But if you look at the 10 year you see a 5x run from 2013 to 2018, going from under $50 to $250.
It's currently at $200, so it's pulled back from those ath's back in 2018, but as I mention it's been flat over the last 5 years, so it's building a pretty long base.
Current P/E at 16x, with 15ish % expected eps growth for the forseeable.
The call options that I have been selling for SOFI have been expiring worthless for a while now. It’s almost as if I have made almost 25% dividend on my investment in the past 6 months.
I have to admit. I have no idea about options. Looked into the basics a while back and was confused as hell. I'm a true buy and hold guy! :)
Looks like the rest of retail joined the party. TGT up 6% too on the day, COST still on its run 4.5% on mid teens YoY sales growth. Energy also turned green to end the day.
IMO that's why I like technicals for money that I'm trading. It's a roadmap to help with entry points and exit points. It doesn't mean it's always right and you can't be early or late but I think it's much better than flying blind which I've mentioned here multiple times.
Might be time to add RXL to the fun portfolio! Proshares 2x healthcare index ETF. :)
It's not broken out of that channel you mentioned a little while back and frankly looks like it might retest its lows. Honestly, if you're a stock that doesn't make money that's quite possible imo.
Not something for me both the options and the company but I always like specifics whether it's a play for me or not, thanks. I do see what you see with the cup and handle but personally that's not always a formation I trust. It could be though and maybe earnings is what pushes it if they're good. Maybe a breakout of that high 140s low 150s area would give confirmation. MACD, RSI and stochastics could be turning positive on short term basis but medium term not so much.
Selling out of money call options on a stock that you plan to buy and hold for long term is a good way to earn additional money, almost like a dividend. Great for markets like this where growth stocks that pay no dividend are down.
