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OT: Stock and Investment Talk

You’d be surprised. I used to mention during peak stock market FOMO that I would overhear guys in their early 20s at the gym talking about buying 5 shares of X, 10 shares of Y, and so on and so forth. Which struck me as odd because I buy in much larger blocks and figured how much can you really make based on this numbers. But multiply that across millions of recipients of handouts and no doubt the market benefited.
Don’t believe it, maybe a few new investors but would have invested with or without the covid handout. The majority would have just used it to pay for their everyday expenses like I did.
 
Don’t believe it, maybe a few new investors but would have invested with or without the covid handout. The majority would have just used it to pay for their everyday expenses like I did.
IDK, hard to deny the numbers and the money didn’t appear out of thin air:

“Retail trading just wrapped up a record year in 2020, as unprecedented market volatility and Covid lockdowns created a unique opportunity for regular investors to play the stock market's surprising comeback. JMP Securities estimates the brokerage industry added roughly 10 million new clients in 2020, according to app download data from SimilarWeb. More than 6 million of those clients flocked to Robinhood.”

 
The covid handout was peanuts. With a thousand dollar, how much can u buy? I think another story that is overblown.
^^^^^ Truth.

Big buying day! Loaded up on a few favorites. Also, Cramer and the Charity Trust making large buys in multiple sectors.

Awaiting GOOGL's earnings report.
 
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^^^^^ Truth.

Big buying day! Loaded up on a few favorites. Also, Cramer and the Charity Trust making large buys in multiple sectors.

Awaiting GOOGL's earnings report.

I did some buying, but you have announced many many big buying days over the last 5 months….. and here we sit, at a six month bottom. They all can’t be big buying days….. prudent investing would be to gradually invest on days like this. Especially, with what has happened to the TQQQ and the UPRO over the last month.
 
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I did some buying, but you have announced many many big buying days over the last 5 months….. and here we sit, at a six month bottom. They all can’t be big buying days….. prudent investing would be to gradually invest on days like this. Especially, with what has happened to the TQQQ and the UPRO over the last month.
I did buy NVDA at 188 but sold it later for a dollar profit. There will be plenty of buying in the next few days But it’s not over today. I think the panic is setting in and people are liquidating to meet their margins,
 
^^^^^ Truth.

Big buying day! Loaded up on a few favorites. Also, Cramer and the Charity Trust making large buys in multiple sectors.

Awaiting GOOGL's earnings report.
GOOGL - $70B buy back!
Mixed results for the quarter, but ad rev and margin UP.

MSFT looks good across the board.
 
Google/Alphabet down big in after hours; and MSFT also down a fair amount. -5.2 and -1.75. I did buy some MSFT this afternoon
 
Google/Alphabet down big in after hours; and MSFT also down a fair amount.
I think AMZN will be 300-500 lower Than current low when earnings come out, maybe 2,200-2,400.

brought 2 share GOOG after earnings but expect to buy more At $2,000.
 
Beat for Chipotle as well.....the economy is humming along.

Recession fear = LOL
 
Google/Alphabet down big in after hours; and MSFT also down a fair amount. -5.2 and -1.75. I did buy some MSFT this afternoon
MSFT now positive once stupid investors actually read and thought about the earnings report. LOL!
 
Solids earnings for both. Amazing companies, just gotta keep buying! Scared investors are such a blessing.

Forward guidance is the concern with today's earnings announcements. The yellow flag has been hoisted. Pay attention, or pay dearly.
 
Forward guidance is the concern with today's earnings announcements. The yellow flag has been hoisted. Pay attention, or pay dearly.
Funny to watch scared investors immediately sell MSFT down 5% and then watch it rebound to green once people actually read the earnings report. Home run across the board for my #1 holding! :)
 
Funny to watch scared investors immediately sell MSFT down 5% and then watch it rebound to green once people actually read the earnings report. Home run across the board for my #1 holding! :)
Closed at 270.22.
266.00 -4.22 (-1.56%)
After hours: 5:03PM EDT
Funny, huh?
 
It's all about valuations in this climate. MSFT is a great company. Just expensive at around a 29 p/e.
Cheap for that growth. MSFT is an indispensable company that society is integrated with. Seriously, you need to be buying during such a correction. Don't keep missing out.
 
Wow, silly sellers lost money selling it at 5% down. Thanks for the update!

It didn’t go down 5% after hours, it initially went down $5, big difference. If it went down 5%, I would agree with your “silly” comment.
 
It didn’t go down 5% after hours, it initially went down $5, big difference. If it went down 5%, I would agree with your “silly” comment.
It went down to $259, so over $11. Back in the green again now. LOL!
 
MSFT now UP almost 5%. LOL, so many investors are emotional little children.

GOOGL ending the extended session down only 2.5%. Battled back to cut loses. $70B buyback and 20-1 split coming soon.

Plan is to continue to add to my leveraged ETFs in my fun account when I can lower CBs. All other accounts are just stick to the plan.

Good advice from Cramer, plan accordingly:

 
MSFT now UP almost 5%. LOL, so many investors are emotional little children.

GOOGL ending the extended session down only 2.5%. Battled back to cut loses. $70B buyback and 20-1 split coming soon.

Plan is to continue to add to my leveraged ETFs in my fun account when I can lower CBs. All other accounts are just stick to the plan.

Good advice from Cramer, plan accordingly:

Which leveraged ETF's are in your portfolio and are these trades or investments?
 
Which leveraged ETF's are in your portfolio and are these trades or investments?
I have:

TQQQ (3x of the QQQ)
UPRO (3x of the S&P 500)
USD (2x of the semiconductor index)
UWM (2x of the Russell 2000)

These are long holds for me. I will keep adding to them while the market is weak. I did a brief trade with SOXL (3x semis), but that one was too wild for me. In a span of a few weeks, I had a bunch of 15% days (either + or -).
 
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What’s the latest on QS? Kind of lost track but you just reminded me it was once on my watch list.
More of a trade than an investment. Sold a bunch when it hit 20. Bought some back at 15. Have another order in at 11. The company itself is far from making a profit or a product. But they are making progress on solid state battery and have deep pocket investors to keep the lights on.
 
More good news for CW. Her relationship with Bill Hwang/Archegos. Hits keep on coming.
 
Visa earnings are a nice indicator of the strength of the consumer (and overall economy).

Forward guidance is the concern with today's earnings announcements. The yellow flag has been hoisted. Pay attention, or pay dearly.
At least one concern, as CNBC is telling it, is that the current strong demand is going to force the fed to be more hawkish. A .75 hike, which not too long ago was never mentioned, is now being mentioned quiet often.
 
At least one concern, as CNBC is telling it, is that the current strong demand is going to force the fed to be more hawkish. A .75 hike, which not too long ago was never mentioned, is now being mentioned quiet often.
0.75 is just stupid talk right now for certain people to get attention. Most importantly, CLs can stop with the recession is coming FUD, because it is nonsense.
 
0.75 is just stupid talk right now for certain people to get attention. Most importantly, CLs can stop with the recession is coming FUD, because it is nonsense.
Cramer said they should just hit us with a .75 and get this over with.
 
Cramer said they should just hit us with a .75 and get this over with.
He is just frustrated since the market is acting like an emotional child. There is so much irrational fear going on that the snap back is going to shock people. This is setting up like the March 2020 recovery once again.
 
He is just frustrated since the market is acting like an emotional child. There is so much irrational fear going on that the snap back is going to shock people. This is setting up like the March 2020 recovery once again.

We had back to back 30% gains in the S&P. Inflation at 40 year highs, with significant fed tightening coming. I think this pullback is pretty rational.

Now this probably is providing us a good buying opportunity, especially as we look a few years out, but this current downward trend does make sense.
 
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