OT: Stock and Investment Talk
- Thread starter RU-05
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Just started it. The preshow intro was excellent
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Yes, I have been getting his research since last summer. Signed up for a 30-day free trial and then was offered a highly discounted rate since I'm an individual investor. Still expensive, but definitely worth it. You get almost daily videos from Tom Lee and Mark Newton (Head of TA for Fundstrat). Multiple 1-hour webinars each month. Tons of great stuff.
Most importantly, Tom and the team's stock list (about 35 stocks) has crushed the S&P 500 since it started in 2019. Beat the S&P 500 easily every year.
2019 = 33.2% vs. 24.4%
2020 = 46.4% vs. 16.3%
2021 = 30.8% vs. 26.9%
2022 = -15.5% vs. -19.4
2023 (YTD) = 24.4% vs. 19.7%
Send me a DM/conversation if you want to learn more. I can make referrals.
I closed my CVX calls for now (made almost 10%). Need to research the Saudi flush possibility. It they do so, it would create an amazing buying opportunity due to the artificial/temporary drop in oil prices. Still think CVX is a great play.
Almost everything sucked last year.
I'll check for the top performing S&P and Nasdaq stocks every week and make
my buy/sell decisions.
Not Energy and healthcare.
But yeah overall most stocks were down and that did make my assumption pretty likely
It is looking more and more likely that all/most BTC spot ETFs will be approved prior to the next "final deadline" on January 10th. The crypto market make keep pumping through the holidays. Are you planning for any stock plays? Perhaps MARA calls.
I have a nice amount of BTC and ETH via Fidelity. Not too much to worry about if something goes wrong, but enough to feel good about a pump.
@ScarletNut and @rurahrah000 (love to hear from both of you as well).
Keep an eye on biotech. Since the 10y pushed risk assets to a recent low, XBI has ripped from $63 to $78.
I had bought GBTC. Not much though.
And I own some ATOM coins, which I bought because of a 20% yield, but NJ passed a law and NJ residents can't collect the yield. But the price has appreciated, will sell it eventually.
in at 65 area with sizable purchase. will exit most soon as it's a good return
A little skin in the game is good. ATOM is up about 25% in the past month.
Just to remind everyone:
CRSP = PDUFA is this Friday, highly likely the FDA approves their sickle cell anemia gene therapy (almost a certainty)
BLUE = PDUFA is December 20 for their sickle cell anemia gene therapy, also highly likely for approval, and they should bounce hard even with the CRSP approval.
And remember, the FDA can issue a decision earlier than PDUFA. That's the deadline for review unless the FDA requests more data/information (which doesn't seem likely in either case).
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Pre-revenue biotech (which is most of the XBI) is probably the most interest rate sensitive sub-sector due to the need for financing. Great play if you think rates will continue to drift lower.
Why compare BTC to BRK? Makes Pomp look like a troll.
At least he didn't call out the late great Munger with the tweets! :)
I have a good amount of BTC and ETH. I have a ton of RIOT and MARA shares along with lots of calls expiring in the next month. I will continue to roll them until I feel the run is over.
I do have BLUE calls and to a smaller extent CRSP calls. I will buy more $4.5 BLUE calls tomorrow.
Pomp certainly is a troll if he’s comparing BTC to Berkshire Hathaway.😂 He calls himself a “lifelong learner” which is code for “I’m making crap up as I go along so I can make money.”
I need to pick up MARA calls today (and maybe RIOT). By the way, do you wait for expiration day to roll calls or do you do it earlier? Not sure if there is a good rule of thumb for rolling.
EDIT: Finally started a PLTR position this morning, high $18s. Will add as opportunities allow.
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Any idea why PLTR sold off? Merely an expensive stock cooling off after a big run?
Doesn't seem to be any news on PLTR, probably just too far too fast. Seems to be a nice entry point to start a position. Prospects are positive for PLTR to get into the S&P 500 soon. I think they only need one more quarter of profit to be eligible.
I'm already up about 60% on the CRSP calls. Options are fun. LOL! As for TOST, they bring in a lot of revenue, but do they have a path to profitability?
E*Trade consensus doesn’t expect profits soon. But JB said next year.
MDB should become profitable very soon. Earnings were solid today, but the stock is down 5% in extended. Probably just profit taking after a solid rally. May be a nice place to enter:
MongoDB earnings clear Wall Street's bar, but stock falls
Call me crazy, but yesterday during extended I started a very small position in YINN (3x of FXI). These China ETFs are back down to 10-year lows (which they also hit in 2022 and then ripped hard). Gotta be close to a bottom, right?
😁
😁
Falling knife.
But ENPH was a falling knife, until it wasn't. Up 50% in like a month.
ENPH is hyper-dependent on interest rates. As high rates drop, ENPH goes up. Kind of like biotech!
-10% now. Looks like the rev guidance is a bit weak. CEO is a Rutgers alum.MDB should become profitable very soon. Earnings were solid today, but the stock is down 5% in extended. Probably just profit taking after a solid rally. May be a nice place to enter:
MongoDB earnings clear Wall Street's bar, but stock falls
www.morningstar.com
