Maybe use leap calls to get some extra juice from WMT. That's one of the companies that's not going anywhere. It's a US institution.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
In the real world, I added to HII.
Sold off pretty big off it's earnings, not sure why, can't find much by way of analysis on it, but rev's growing EPS growing, 14x P/E.
Broke through long term resistance at around $250 a month or two back. Ran up to $300 before selling off. Guess where it held.
It was already a pretty big position, and the stock is pretty stodgy, but figure it's a textbook add on a pullback.
Sold off pretty big off it's earnings, not sure why, can't find much by way of analysis on it, but rev's growing EPS growing, 14x P/E.
Broke through long term resistance at around $250 a month or two back. Ran up to $300 before selling off. Guess where it held.
It was already a pretty big position, and the stock is pretty stodgy, but figure it's a textbook add on a pullback.
I'm seeing 40x.Just noticed Walmart’s PE multiple is over 30.😳
Unfortuneately E-Trade is unable to figure out it's historical P/E due to the recent split. Or at least I think that's the reason I'm seeing a 5x P/E in 2014.
I read that as “down 40k.” Spending too much time in crypto chats
Crypto showing some life.....except for SHDW! Should I double down on it? :)
The cloud of what FTX is doing with its holdings is becoming irritating. Otherwise confidence is unswayed.
Up 220% sold the rest.
Little bit of that Reddit lightning.
It was a tiny position and i never wished I had bought more given its a meme’r, lets see if I regret selling too soon.
My $30 put options have paid for all of our vacations this year and next years tuition for our kids.
Speaking of FTX, all creditors are now getting their principle back PLUS positive returns. $12B needed to be repaid and the assets are worth $15B. SBF actually made everyone money (while breaking the law). LOL!
Quite a ride for DELL. It is up 20+% just in the past 11 days at more than 75% in 3 months. I think it maybe time to take some profit. There is mild resistance at the $150-155 level.
They’ve been trying to push that narrative to get SBF a reduced sentence, but eff that. Imagine you loaned them 100 $sol pre-collapse, valued around $3k. You got your $3k back which is better than nothing, but that 100 $sol is worth $17k now so you got royally screwed anyway. Settling everything in USD worked to their benefit.
Any thoughts on ZETA? Started buying in the high $15's. I think this can be a big AI application winner. Stepping on CRM's toes. Only $3.5B cap.
Doing well on my PFE calls. Also bought SOFI $7 leap calls a few weeks ago. So far so good.
Yeah, supposedly if everyone wasn't forced to sell at the FTX implosion, assets would have been 3-4x by now.
As I said before, the Fed needs to cut rates to lower inflation. :)
fortune.com
World's largest asset manager wants Fed to reverse course: Slash rates to tame inflation
Rick Rieder, BlackRock’s chief investment officer of global fixed income, oversees about $2.4 trillion in investments.
It's an interesting thought.As I said before, the Fed needs to cut rates to lower inflation. :)
World's largest asset manager wants Fed to reverse course: Slash rates to tame inflation
Rick Rieder, BlackRock’s chief investment officer of global fixed income, oversees about $2.4 trillion in investments.
Unfortunately the article is paywalled. I assume the idea is centered around housing?
That's weird, there wasn't a paywall on my phone. Found a summary statement:
BlackRock Inc.’s Rick Rieder has some advice that bucks conventional wisdom: The best way for the Federal Reserve to temper inflation will be to lower rates, not hold them higher. That’s because well-heeled Americans are earning more than they have in years from fixed-income investments, given that benchmark rates remain on hold at their highest level in a generation, according to Rieder, BlackRock’s chief investment officer of global fixed income. “I’m not certain that raising interest rates actually brings down inflation,” Rieder told Bloomberg’s David Westin
Weed stock SNDL has been trending the past couple days on Reddit. For those that may want to throw a wager down on a meme.
It jumped off it's lows in March and is up a near double. Has consolidated down and then up since and trying to break out past that early April high.
The long term chart is terrible, the one year though looks pretty good. Built a base, took a run, consolidated, and is now looking to break out.
I guess there is a fundamental story hear, but they don't actually report earnings consistently. Or at least E-Trade doesn't post their earnings.
It jumped off it's lows in March and is up a near double. Has consolidated down and then up since and trying to break out past that early April high.
The long term chart is terrible, the one year though looks pretty good. Built a base, took a run, consolidated, and is now looking to break out.
I guess there is a fundamental story hear, but they don't actually report earnings consistently. Or at least E-Trade doesn't post their earnings.
But is that any different then any other time when rates were high? And whatever rate we are currently at, isn't all that high historically. It's just high compared to the post financial crisis era.
Blackrock view has nothing to do about inflation and all about their mkt to mkt. If the fed pivots to higher rates, as they should, blackrock is fkedAs I said before, the Fed needs to cut rates to lower inflation. :)
World's largest asset manager wants Fed to reverse course: Slash rates to tame inflation
Rick Rieder, BlackRock’s chief investment officer of global fixed income, oversees about $2.4 trillion in investments.
Well, it's probably a matter of perspective. The last two times Fed rates were 5% or higher (2005/2006 and 2000) inflation was running between 3-4%. However, back then nobody gave a shit. The Feds artificial 2% "target" is a rather new idea and has no basis in economic theory. Just Powell winging it.
not hight at all
PCE stopped falling and CPI 3.4 yoy is bad
I don't know about all of you or what you see but I just got back from Florida and plane was full, hotels were full, restaurants were full etc etc
Here, all our restaurants are full, streets are full, people are roads
heading into summer there is no way spending subsides. Fed needs to raise rates 50bps and get his over with
PCE Core = 2.8% YoY
This is a perfectly fine level (and based on last week's PPI and CPI, will likely tick down again at the end of the month).
Life it good. Time for the Fed to get back to a neutral level. Probably 3.5% to 3.75%.
target first spoke about in late 80s and became official under Ben. you don't want higher than 2% long term as it creates tremendous disadvantages for trade and balance of payments in addition to general economic issues.
the only positive sign I'm seeing, which may sound bad, is that people are starting to default in revolving credit and car loans in numbers that are catching the eyes of the powers that be. This is good, maybe the credit spending slows which is driving all of this
From all indications they want to cut. Just not rushing to do so. Economy looks good, no rush.
The rate cut is the carrot. Let it lead the way.
No, I was referring to the FFR. Powell needs to cut it back down to 3.50-3.75% and then hold.
I'm fine with that. Powell knows that holding at this restrictive level may snatch defeat from the jaws of victory. So, 2 cuts this year would be fine. Just start slowly moving back to neutral.
