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OT: Stock and Investment Talk

GDP was down for the quarter, though Leisman said it had more to do with imports(and something else) than it does with actual economic contraction. He said there weren't many analuysts who predicting a negative # for the quarter, and those that did predict we will once again see growth in the 3rd quarter.

The DJI didn't react too much to the announcement.
Good thread on the specifics, showing the demand is there but the supply can’t keep up.
 
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GDP was down for the quarter, though Leisman said it had more to do with imports(and something else) than it does with actual economic contraction. He said there weren't many analuysts who predicting a negative # for the quarter, and those that did predict we will once again see growth in the 3rd quarter.

The DJI didn't react too much to the announcement.
Sounds like a BS number, but this will likely put the brakes on the Fed. Can't be jacking rates if the economy isn't growing. Not a good look, and remember, the Fed is influenced by politics.

 
Good thread on the specifics, showing the demand is there but the supply can’t keep up.
Ya, that 4%(the .8 + 3.2) is what Leisman was noting.

Leisman also noted 9% increase in corporate investment as a positive.

Edit: Though I'm not sure why the exports number is something that should be swept under the rug.
 
Ya, that 4%(the .8 + 3.2) is what Leisman was noting.

Leisman also noted 9% increase in corporate investment as a positive.

Edit: Though I'm not sure why the exports number is something that should be swept under the rug.
Seems clear this was about omicron and Russia. Real stuff, but likely to be temporary. Once again, this will likely mitigate the Fed's desire to go nuts with rates.
 
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Seems clear this was about omicron and Russia. Real stuff, but likely to be temporary. Once again, this will likely mitigate the Fed's desire to go nuts with rates.
Welp, even with the negative GDP#, we did see an 8% inflation #.

Maybe this takes the .75 officially off the table, but I imagine the .5 is going to happen.
 
LUV with a strong Qtr. Following up strong QTRs from American and I think Delta.

Lots of dept, but time to get back in on airlines?

Edit: LUV CEO did say they have $5b is cash, not dept. Says business is "on fire". Need more pilots. And pilot instructors.
 
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I've got PINS ripping alongside FB. Still deep in the red on each, but hopefully, we've hit bottom.
Even with the increase today far in the red. I started accumulating at 30% down but with it down 50%, hard to avoid loss. I ‘m glad I reduced my exposure before it hit the 50% but added last night. Good long term investment that I will be adding more.
 
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Even with the increase today far in the red. I started accumulating at 30% down but with it down 50%, hard to avoid loss. I ‘m glad I reduced my exposure before it hit the 50% but added last night. Good long term investment that I will be adding more.
FB?
 
Analyst was just on, and noted that while the Rev growth was the lowest since it's IPO, the yoy comp was a 40% increase.

So significant pull fwd last year. Widen the lens and the overall growth trend continues to look impressive. Yet the stock is down 33% yoy.
 
Welp, even with the negative GDP#, we did see an 8% inflation #.

Maybe this takes the .75 officially off the table, but I imagine the .5 is going to happen.
The market will rally with a 0.5% increase next week.
 
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Interesting AZMN report, they took a big loss/write-off on Rivian this quarter. AWS beats, but lots of other lines items are light.

Still waiting on AAPL.
 
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HOOD fatally injured itself during the initial GME saga. Once they turned off trading, they destroyed its relationship with their customers.
I believe they are also in trouble for additional practices too e.g., lax option protocols, gamifying investments to lure “new investors,” I think some questionable margin protocols, and other compliance and regulatory issues that resulted in fines and ongoing scrutiny.
 
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I believe they are also in trouble for additional practices too e.g., lax option protocols, gamifying investments to lure “new investors,” I think some questionable margin protocols, and other compliance and regulatory issues that resulted in fines and ongoing scrutiny.
+1
HOOD is a complete mess.
 
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Why up so little?
I think it was up about 4.5% in trading today and another 1.4% or so in after hours. That’s a pretty big aggregate jump for a stock with that market capitalization. Probably part of the gain was felt in the regular trading session (somewhat baked in before the release?)
 
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AAPL has a history of no major moves with earnings, nothing to do with stupid people. It usually moves up or down 5% or less.
Amazing earnings, amazing company. Buy and hold is all investors need to do with AAPL.
 
Amazing earnings, amazing company. Buy and hold is all investors need to do with AAPL.
Glad I got rid of almost all my techs last couple of weeks. Now, I’m slowly buying all of them at the new lower prices.

It makes sense to time the market.
 
LOL! Nice try. It doesn't.
Out before the 2008 crash and before the March 2020. That‘s why 35 years experience of investing count. You’re a smart guy, you’re been doing more than buy and hold lately, even switching mutual funds is trying to time the market.

I’m not suggesting that the average investor should try to time the market.
 
+1
Big tech is rocking earnings so far! AAPL and AMZN batting clean up tomorrow. :)

Mighty Casey (AMZN) struck out. Now at a 2 year low and down over $1,100 a share since last July
 
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Out before the 2008 crash and before the March 2020. That‘s why 35 years experience of investing count. You’re a smart guy, you’re been doing more than buy and hold lately, even switching mutual funds is trying to time the market.

I’m not suggesting that the average investor should try to time the market.
Don't believe your timing, especially with 2020. In that thread, you massively missed the re-correction and was waiting for Dow 14k. Oops.

Also, as per many studies, even if you have "perfect" timing, which is impossible, DCA wins out.
 
Don't believe your timing, especially with 2020. In that thread, you massively missed the re-correction and was waiting for Dow 14k. Oops.

Also, as per many studies, even if you have "perfect" timing, which is impossible, DCA wins out.
You know I was out in end of Feb 2020 so just getting back in any time in the next 7 mths made me money before the market got back to the Feb level. You know I can’t stand out of the market that long.

Never said DCA isn’t right for most people but experience count. I haven’t work for 13 years so I don’t have the monthly contribution in the 401k forDCA. Of course I would contribute every month if I was working.
 
You know I was out in end of Feb 2020 so just getting back in any time in the next 7 mths made me money before the market got back to the Feb level. You know I can’t stand out of the market that long.

Never said DCA isn’t right for most people but experience count.
Thanks for admitting that you swung and missed in 2020. Folks that stayed in the market and bought during the crash did better (like me!). Experience matters. I learned from 2008/2009 about what works.
 
So, I bought 500 put options around the close of the day of TQQQ at $0.70 expiring tomorrow at a strike price of $41 on a hunch that AAPL and AMZN results may not be received well by the market. Looks like I will be closing my position tomorrow for a profit. I love volatility in the market.

FYI, in the past month there has been a new ETF (UVIX) which is a 2x volatility whereas UVXY is a 1.5x volatility. UVIX is new so options are not as robust, but this would be an even more fun and profitable way to play volatility. Warning, treating these types of securities is really deep end of the pool material.
 
So, I bought 500 put options around the close of the day of TQQQ at $0.70 expiring tomorrow at a strike price of $41 on a hunch that AAPL and AMZN results may not be received well by the market. Looks like I will be closing my position tomorrow for a profit. I love volatility in the market.

FYI, in the past month there has been a new ETF (UVIX) which is a 2x volatility whereas UVXY is a 1.5x volatility. UVIX is new so options are not as robust, but this would be an even more fun and profitable way to play volatility. Warning, treating these types of securities is really deep end of the pool material.
You would have made more if you just bought it. Also, you can do the SQQQ for an inverse 3x.
 
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Thanks for admitting that you swung and missed in 2020. Folks that stayed in the market and bought during the crash did better (like me!). Experience matters. I learned from 2008/2009 about what works.
If you were buying and holding with your mutual funds DCA, you wouldn’t be posting on this board because it wouldn’t make any sense. I noticed in the last two years, you started buying the big techs I was recommending for the last 3-4 years.

That question about the Arkk fund was for you. I guess you’re still in them unless you tried to time them.
 
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.
Truth T2K.
 
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