RDDT, SHAK, HOOD. These really seem like businesses of the future/younger generations. I recently bought the first two. I probably should watch HOOD for a reasonable entry point.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Shocked how quickly everyone forgot what they did during the gamestonk days
Hmm, sounds like typical FUD. If so, definitely a great buying opportunity.
AXON is one of my largest holdings (cb around $250). They got a double whammy with an analyst downgrade and then the defense budget comments. I'm sticking with it. AXON is more in the law enforcement space than true defense. Also, there is very limited competition as of now. Some analysts say AXON is essentially the NVDA of enforcement. It's had a huge rally. Earnings next week!
UNH at the bottom end of that trading range that it was in since 2021, until a breakout and then breakdown back into it recently. It's a potential place to put in a stop if it did breakdown below the range. It does look like it will breakdown below some MA support which it has held for over a decade. If it's not a short term news related overreaction and doesn't recapture it back then I'd think that would be a resistance in the future.
edit: Cramer (not that I care) was thinking it was a time to buy and that the DOJ never wins these things. Sounded like Ackman has been shorting it as well. Next support in the low high 300s low 400s.
Where it's been trading this morning premarket would be about 30% off its highs.
edit: Cramer (not that I care) was thinking it was a time to buy and that the DOJ never wins these things. Sounded like Ackman has been shorting it as well. Next support in the low high 300s low 400s.
Where it's been trading this morning premarket would be about 30% off its highs.
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UNH is a strong and growing company. Just a lot of FUD going on due to recent events and now DOJ (which will take years to resolve). FUD could be powerful, but the company itself is doing fine. Should be interesting on how it performs today.
Well at least at the open for now, it's held the bottom end of that trading range and bounced off a little bit.
Was just about to post that. Good news for $coin, hood and the like…
Great meme! The SEC became a criminal organization for the past few years.
In 2023, UNH denied one in three in-network claims, for a 33% denial rate. That's three times the industry average. Run....
UNH looks like it’s held the bottom end of the range for the day. If you happened to step in in the morning, I’d say 470s-mid 480s would be next area of resistance.
Brought some at $452 but also $499 from the day before but most of my dividend stocks did well. I’ll be happy if UNH ends up $520 in a couple of months or $550. Glad I got out of most of the Tech stocks at their highs. That’s why you need to hold cash sometimes for buying opportunities.
On Friday, Morgan Stanley (NYSE:MS) reaffirmed its Overweight rating and $610.00 price target on UnitedHealth Group (NYSE:UNH) shares, which currently trade at $469.24 with a market capitalization of $431 billion.
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440 area was the bottom of the range and it basically went there in the morning and bounced off and held throughout the day.
There’s MA support that has held for a decade plus and that was broken today so if the stock can’t retake it in a somewhat timely fashion, that could be a firm resistance. It’s not the same area of resistance as what I mentioned above but could end up bending down to the same area eventually. That can limit the upside somewhat, at least in the short term, possibly longer.
The new DOJ appointed by Trump might throw the case out appears the suit started few months ago. I did sell a portion of my buy at $452 at $467 and will buy more if it fall back to $440 or $430. I’m confident that the stock will get back to $520 at some point, 3 months, 6 months or even a year.
Yes, added to RDDT and SHAK today. Also needed to tweak some allocations in my custom basket. Small buys for JPM, SPGI, AXP, CDNS, NOW.
Watching HOOD, UNH, BBAI, and SERV but no positions as of now. Also, would love to buy CMG at $49.9. Now sure if it will make it there.
Sold my AMZN yesterday but started a new position down 10% from high today. Added to GOOG down over 12% from high.
This is a much bigger, much more complicated issue. Still, with so many other, less problematic investment options present, why mess with UNH, given all the variables and the potential downside? Risk-Reward ratio says "look elsewhere."
Added to the FTAI and WOLF positions I started yesterday.
CRWD was down so that sale was fine but the above mentioned were down more so obviously should have held out a little longer
Still have more cash then i did yesterday so Its probably a pretty square trade thus far.
CRWD was down so that sale was fine but the above mentioned were down more so obviously should have held out a little longer
Still have more cash then i did yesterday so Its probably a pretty square trade thus far.
Insurance companies are going to be in big trouble in any cost cutting and budget cuts. No one likes insurance companies. It is one thing that unites people from all sorts of political ideologies.
PLTR is likely to reach $90, which is a positive development. However, I prefer a gradual increase in the value of my long-term investments rather than such rapid surges. While companies like PLTR that have a significant advantage over their competitors may warrant a higher valuation, I believe a more orderly price trajectory is preferable.
I bought RDDT at $185 and $163 (so $174'ish cost basis). Happy to double the position if it gets below $150. As for PLTR, I would eagerly buy at $90 and correct that mistake. LOL!
Do you have a price range to buy BBAI? Haven't jumped into this one yet.
BBAI may drop down to $4. I took some profit by selling yesterday.
