OT: Stock and Investment Talk
- Thread starter RU-05
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Read through to AAPL?
www.cnbc.com
Qualcomm gives light forecast, phone chip sales fall 17%
Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.
Be careful. Remember, AAPL now has a tremendous wind to its back with the falling dollar (versus what happened in 2022).Read through to AAPL?
Qualcomm gives light forecast, phone chip sales fall 17%
Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.
I don't think earnings will be a big deal. They have been pretty transparent with the lack of patients to date. Getting those sites up and running and of course the next trial/approval is key.
I’m more a fan of dividends than buyback. That’s real money coming back to me as a shareholder.
Buybacks are often ill timed. Like during this recent tech crash, that would’ve been a good time to up the purchases but I wonder how many did.
Rather have buybacks now than dividends. Don't need the income or extra taxes. Give me higher stock prices! :)
Once again, for now.
Give me qualified dividends AND higher stock prices, please. I mean, since we're just wishing here.
A pause is not a pivot. We might be at the terminal rate for the rest of the year. Powell explicates stated that there is not inclination to lower rates.
When I was working I didn’t want the dividends and, as you say, didn’t want the associated taxes (even if qualified are taxed lower). Since retirement, I like the dividends. I’m not opposed to buybacks either, though.
Pause = one big step closer to the pivot
It's a process. Stocks can do fine at any interest rate. It's the raising that matters.
This kind of discussion has come up before with regards to taking profits on a position.
As I say, I'm a simple guy. I said for that too, paying taxes doesn't really enter my mind much at all. If it's an appropriate time to sell, I'll sell taxes or not. Same for dividends.
Money in my pocket is always a good thing, regardless of whether Uncle Sam gets a cut or not. Money in my pocket is preferred to hoping management of these companies picks an opportune time for buying back shares instead of frittering the money away at the wrong time. IMO that happens more often than not.
Stop losses are a good thing and I couldn't say I would have done anything different for LLY. JNJ is a name in pharma I would accumulate using technicals and such if it were dropping a lot but LLY I don't think I would. BTW JNJ spinoff of their consumer health biz is this week. Ticker KVUE
I've mentioned LLY here a few times in the past with regards to their diabetes drugs used for weight loss. NVO as well. This Alzheimers one could be another big one for them.
J&J's consumer health business Kenvue is going public this week. Here's what to know
J&J's consumer health spinoff Kenvue is expected to set an initial public offering price Wednesday night and trade Thursday on the New York Stock Exchange.
Novo Nordisk cuts some U.S. supply of Wegovy obesity drug as demand soars
Novo Nordisk said Thursday that it was cutting the supply of some doses of its popular obesity drug in the U.S. as it struggles to keep up with surging demand.
SBUX has had like a 20% run in a little over a month. I suppose it was sell the news on earnings which didn't seem bad. It looks like China has stabilized with reopening as well but guidance for it was kind of muted. Valuation is somewhat high as well.
I think it's possible for a little bit more of a pull back into mid 90s area and then see what happens there and what the overall market is doing. The market has been meandering for awhile and 4100s has been resistance. If any sort of recession on the horizon later in the year, how will that affect expensive coffee?
Fed quietly going to the banks and demanding 24hr turnaround (very significant as it's usually 3-5 days) time on various internal metrics and outlook on deposit inflows.
ruh roh
ruh roh
I understand your point and agree taxes shouldn’t be the primary consideration. I try to maximize my wealth but manage my income. Being retired, I take into the following regarding “managing income”: tax bracket, Roth conversions, IRMA surcharges, qualified dividends, tax gain and tax loss harvesting, estate planning, etc. that’s not to say I wouldn’t sell something if the time was appropriate.
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all they need to do is restrict lending, higher reserves, raise credit requirements
NO NEED for rate increases
Fed just sucks
Do you think CMA might be in trouble, if the light is shining on them? I was thinking about shorting it Friday and now it’s down 7% pre open.
Buffett can get it wrong too at times.
www.cnbc.com
Paramount Global shares fall 17% premarket after revenue, earnings miss estimates
Paramount Global shares plummet as company cuts dividend and earnings miss estimates.
FYI - sounds like T Rowe is coming out soon with an ETF version of PRWCX. 5-star gold fund run by one of the best managers ever. It may only cover the stock sleeve of the portfolio, but regardless, I will add this to all our taxable accounts if/when it is available.
Got a very large position in the I-shares version:
TRAIX – T. Rowe Price Capital Appreciation I Fund Stock Price | Morningstar
TRAIX - T. Rowe Price Capital Appreciation I - Review the TRAIX stock price, growth, performance, sustainability and more to help you make the best investments.
I just put some money in a CD there lol but well under FDIC limits so not worried.
Some of this I wonder if it's not the shorts just pushing and pushing like they do until things break. I read PAC West had 73% insured deposit base, that doesn't sound bad to me but yet it keeps selling off. What's the typical make up at a bank of insured/uninsured deposits?
I would think most deposits that were going to flee have fled so what's left to go? On top of which, did any depositor at SVB, FRC or whatever lose money in practice? No.
Short 100 SPY @ 407.10
We climbed a wall of worry but failed to break through 4200 in the last 2 months. We are not looking any better than we did in January. Let’s see if I can swing this down to 390.00
We climbed a wall of worry but failed to break through 4200 in the last 2 months. We are not looking any better than we did in January. Let’s see if I can swing this down to 390.00
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anon_0k9zlfz6lz9oy
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anon_0k9zlfz6lz9oy
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Markets pricing a 99.8% chance of cuts by years end and a 75% chance of a cut in September.
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anon_0k9zlfz6lz9oy
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Average 8.7 months after last hike until cut. Median is 5 months
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anon_0k9zlfz6lz9oy
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I also bet the “Don’t Pass” line in craps. Now that would be awful.
Remember, Bulls make money, Bears make money but Pigs get slaughtered.
Nobody can be that awful! By the way, if you want to short the S&P, man up and go with SPXU.
Stagflation is not an option. What might happen in a year is that the FED moves the goalposts to 3% target inflation.
What everyone needs to talk about is the record profits from corporations that raised prices when the didn’t have to. Let’s start shining the light on these companies!
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