OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Do you guys think he doesn’t know exactly what’s he’s doing? He’s historically been playing chess while others have been playing checkers. I think he’s going to be ok.
Yes. In this instance, I don’t think he realizes what he is doing. This is not his world. Wouldn’t shock me if he was nervous. Somewhat violent drawdown on speculative tech. And he’s pledged TSLA shares to the TWTR buyout. Wonder how much further those shares need to fall to trigger a margin call. Probably unlikely, but markets do strange things.
I think it’s much closer to his world than you’d think, but I guess we will see how it plays out.
it’s not. You think he understand materiality thresholds in purchase agreements (Well tested in countless deals in 2009)? Think he bothered to ask before sending out his tweet? These are levels of detail he‘d have no interest in. But they are quite important. That’s why he retracted so quickly. He’s out of his element,
you people obsessing about some spambotsh2tstock while the economy tanks.... lol, what a forum...
I think he understands anything he cares to understand. Back to my original point- he knows exactly what he’s doing. An opinion, I know, we will see how it plays out I’m sure
Of course he understands what he wants to. He’s a brilliant guy. My point is he has little interest in a provision of a legal merger agreement and only knew about it after kicking over a beehive. What do you think the odds are that he was in calls with lawyers reviewing the key provisions? Think he did that? I think it’s very doubtful that he knew what he was doing with his initial text which required a follow up message. Will be shocked if we don’t see an announcement from the SEC in the coming days investigating his tweets and their impact on TWTR share price.
Last edited:
Did we hit the bottom or did we just get a break today? I think AMZN, GOOG, and FB might have hit their lows but AAPL and MSFT might go lower. Other S&P stocks might go lower.
More good inflation data! Import prices:
INFLATION LIKELY PEAKED
Though inflation is likely to remain elevated, there are growing signs that price pressures have peaked.
A separate report from the Labor Department showed import prices were unexpectedly flat in April as a decline in the cost of petroleum offset gains in food and other products. Import prices had surged 2.9% in March.
Economists had forecast import prices, which exclude tariffs, would climb 0.6%. In the 12 months through April, import prices rose 12.0% after accelerating 13.0% in the year through March.
Government data this week showed monthly consumer prices increased at the slowest pace in eight months, while the gain in producer prices was the smallest since last September.
INFLATION LIKELY PEAKED
Though inflation is likely to remain elevated, there are growing signs that price pressures have peaked.
A separate report from the Labor Department showed import prices were unexpectedly flat in April as a decline in the cost of petroleum offset gains in food and other products. Import prices had surged 2.9% in March.
Economists had forecast import prices, which exclude tariffs, would climb 0.6%. In the 12 months through April, import prices rose 12.0% after accelerating 13.0% in the year through March.
Government data this week showed monthly consumer prices increased at the slowest pace in eight months, while the gain in producer prices was the smallest since last September.
A few people on CNBC yesterday said.....when the big dogs crack, that's probably the bottom or damn close. Speaking about AAPL and MSFT.
Yes but read an article that it doesn’t just only happen for 1 day and will need further downside which I agree with. I was waiting for AAPL and MSFT to fall, gave me the signal that the end is closer. The PE will look attractive then. AAPL $120-130(38% back to the high) and MSFT $230-240(45% back to the high). We’re talking about extra $10-15 dollars which in the long run shouldn’t matter too much. I added some quantity of AMZN(76% back to the high)and GOOG(30% back to high) today.
Waiting on NVDA and ADBE. There are several other S&P stocks waiting to fall more UNH, BDX, ADP, QQQ, SPY, and maybe EMR, MCD, EW, ALGN, TQQQ, GS, JPM, BAC.
Last edited:
That’s a relief. Was going to start a go fund me page. But it’s fun watching him blow his money because of his tweet. It’s karma for all the crap he pulled with 🚀🚀🚀
you know my thoughts on AMZN. While not as compelling, I think you’ll have a good result over time owning MSFT at these levels. I’ll add another name to the mix, which is a comp in once crucial way to ADBE - Autodesk. The traditional metrics look crazy even though the stock is off a good amount from its highs but you have to understand what the company is doing, ADBE languished for a long time while undergoing its SaaS conversion. Autodesk is in an earlier stage of the same conversion process. Probably like ADBE product suite a bit better, but still think Autodesk is worth a look.
Last edited:
Your thoughts on pay packages (immense stock grants) of Jassy and other top execs? Supersized $$$ not tied to company's performance seems pretty bold, no?
very bold. It’s a negative but offset, in my view, by current price and company’s continued growth and economics, would also note that current mgmt has done a very good job. Not good enough to earn what is too generous pay, but that’s why I’d consider it here and not at a higher price. You’ll do reasonably well over time, I think. Edit to add that I’ve owned it since 2008 and this is the first time in quite a while I‘ve thought about adding.
Last edited:
Overall nice day for the market. It was good to see the bears try to derail the rally, only to be beaten back by common sense investors.
www.cnbc.com
All the S&P 500 sectors closed higher Friday led by gains in consumer discretionary and information technology, which added 4.1% and 3.4%, respectively. It was a broad-based comeback with about 95% of the S&P 500 ending the session in the green.
Nike and Salesforce closed up 4.7% and 4.1%, leading the Dow higher. American Express and Boeing added more than 3% each, further pulling up the index.
Beaten-up tech stocks also made a comeback as Meta Platforms and Alphabet gained 3.9% and 2.8%, respectively. Tesla jumped 5.7% while battered semiconductors Nvidia and AMD also popped more than 9%. Apple rose 3.2%, steering itself out of bear market territory after becoming the last Big Tech name to succumb to the sell-off on Thursday.
Nasdaq pops 3%, Dow jumps 400 points in comeback rally following steep losses earlier in the week
Stocks jumped Friday, as investors looked to steer the S&P 500 away from official bear market territory following a week of heavy losses.
All the S&P 500 sectors closed higher Friday led by gains in consumer discretionary and information technology, which added 4.1% and 3.4%, respectively. It was a broad-based comeback with about 95% of the S&P 500 ending the session in the green.
Nike and Salesforce closed up 4.7% and 4.1%, leading the Dow higher. American Express and Boeing added more than 3% each, further pulling up the index.
Beaten-up tech stocks also made a comeback as Meta Platforms and Alphabet gained 3.9% and 2.8%, respectively. Tesla jumped 5.7% while battered semiconductors Nvidia and AMD also popped more than 9%. Apple rose 3.2%, steering itself out of bear market territory after becoming the last Big Tech name to succumb to the sell-off on Thursday.
I’m shocked BTC didn’t finish above $30K given the broader market rally. What will be interesting is if BTC money starts flowing back into stocks. I think the UST/Luna crap will scare off a lot of institutions that have been considering crypto or building positions, especially if they can pick up beaten down tech stocks instead. Why buy BTC when you can grab FAANG at 52 week lows? Or, if you want to go the spec route, there are tons of stocks 80%+ off their highs that have legit business models.
The volatility this year has been incredible. I love the swings in the market from Wednesdays to Fridays. This allows me to buy options that expire on Friday very cheap and then turn them into quick 3-10x profits. This has been an amazing year thus far. I might buy 4-5 houses in Stone Harbor right on the beach and convert them into one giant home. I will leave the homes that are 2-3 blocks from the beach for the folks that trade for crumbs.
4pm is irrelevant for BTC. It has been hovering right at the $30k mark for the past hour or so.
Not following. Volatility doesn’t equate to cheap options. It’s the opposite.
Well if in the coming months tech starts trading up and BTC is trading side ways or down I’d bet it’s a flight to stocks and away from crypto due to recent events that highlight the heightened risk.
Not sure about that. Up until the past 4-6 months, BTC moved very differently than tech. Is this the new normal or will BTC revert back to past independent movements? No idea.
The biggest problem for crypto is that it has failed every use that people try to label it with.
Yup - and it’s a solution in search of a problem. Ask anyone about BTC, DeFi, and the world of crypto, etc. I’m talking about friends, family, co-workers = I.e., mainstream (regular people). Just give it a try. What you’ll find is that NOBODY gives a rat’s ass about it. There is virtually no mainstream adoption or scale because it has no relevance to everyday people’s lives. Yes, Blockchain has legit use cases. Yes, the metaverse will need a virtual/digital currency. And NFT use cases will grow well beyond the BAYC nonsense. But I think this recent scare will set the crypto world back years and institutions will rethink potential investments. Way better and less risky investments to place bets right now.
ETH had 1.3m transactions yesterday, which doesn't included layer 2 activity. Sorry, it's not going anywhere.
You do realize that’s -20% from a year ago. Shouldn’t it be going in the opposite direction?
Nope. Transactions are up and close to the all time high. You need to factor in layer 2 activity as well.
Solana is not ready for prime time and won’t be for another 3 years. They are count the # of transactions differently, so it’s hard to compare.
Partially correct. The network has issues, yes, but they are flipping NFT volume form ETH. People are realizing paying $200 in gas for a $50 NFT makes no sense. Solana Pay has so much potential, just need the network to catch up
Matt Levine is a very good columnist on Bloomberg. His latest on Musk and Twitter
