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Stock Market Era |OT2| Taking SPY private at $420. Funding secured.
- Thread starter Sheepinator
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- OT
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Are you planning to hold in the long term? Are you considering the current ongoing investigation regarding the faulty models?
Buying into ICLN at over 14€ really was a shit deal. I mitigated some lossed by selling during the correction and bought back in at 11,80€. (Prices on Trade Republic). I'm holding it for years, so only irked slightly that my first month of investing has me down over 6% now. But I'm wondering at this point how long it will take for ICLN to get back to its previous highs.
Yes I'm planning to go long on $BA. The investigations might result in short term pain but i'm optimistic. It's still almost 50% off all time highs and with economic recovery in the US gathering pace i'm optimistic about the next year or two now that orders are starting to pick up again.
This is also a bit off a rebalance because i want to reduce my Nasdaq exposure.
Thanks. I'm considering opening a position but I'm a bit wary because of what might come from those investigations.
As i understand those investigations have less to do with Boeing and more with the engine manufacturer. Anyway those are all 25 yr old planes and is nowhere near as bad as the Max situation
I was genuinely curious to hear your reasoning.
Ah well, good luck with your investing.
What's an example of a high yield money market fund? Fidelity has my core position as SPAXX (Fidelity Government Money Market). I guess I'm asking what qualifies as high yield.
Was listening to the news today and they were talking about how dating sites were gaining momentum and that users that are posting pictures of their vaccination proof are skyrocketing in popularity. There's going to be a huge pent up demand for use of these apps for people to get out there. Wonder if something like MTCH is worth a look, they seem to be up a lot already since March since I'm sure people were still virtual dating.
Down 30% since peak. I wonder how deep it has to fall
Still at a staggering 940 P/E
Cough "High Yield"
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Started actively investing for the first time in December when I opened a Roth IRA, which is kind of my tax-advantaged "play" account since the rest of my retirement savings are in TSP. Killed it for the first couple of weeks, invested heavily in growth stocks, renewable energy and ARK ETFs, thought I was being smart by DCA-ing in my $12k total for 2020 and 2021 over the course of three months. Yesterday midmorning my balance was down to $10,500 and I panic sold everything, and I must say I'm feeling pretty good about that decision looking what used to be my portfolio... going to sit it out for a few days and see what happens before buying back in with a mix of more conservative buys and maybe the stuff I had before if it's still on a deep discount...
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It was just below the peak that they bought Bitcoin. Who goes next?
ICLN is doing me damage day by day. It's given back virtually all the gains since Biden and Dems won, which seems excessive.
At least it looks like the market is starting to consider some of the post-corona stocks overvalued too. NCLH down 12%, and I sold my remaining hotel stocks earlier today, as it seemed a bit much to value them above pre-corona... they were also down 10% over the last few days.
Well, the pe ratio of the companies. Ford is apparently doing well with that eMustang, too.
I'm amazed DISCA has continued to rise throughout all of this. Wish I had bought it when it pulled back to $50 or just held instead of selling after earnings. Missed opportunity there, double whammy too since it went into other growth stocks. Whomp whomp.
I feel like a lot of things are oversold at this point. Looking at something like PINS, they just had a 51bn offer on the table from MSFT and now are at $40bn? Can argue it is still over-valued but with positive balance sheet, positive cash flow, 50% annual growth, half the market cap of SNAP and 1/20th the market cap of FB it screams oversold.
Yeah, boy do I wish I sold it when I was up 25%. Down 16% now on the lot I bought in Dec. Swung some here and there so really only down ~10%. I did read that they are going to announce infrastructure plans in the next couple weeks. They met yesterday to kick it off.
I feel like a lot of things are oversold at this point. Looking at something like PINS, they just had a 51bn offer on the table from MSFT and now are at $40bn? Can argue it is still over-valued but with positive balance sheet, positive cash flow, 50% annual growth, half the market cap of SNAP and 1/20th the market cap of FB it screams oversold.
Yeah, boy do I wish I sold it when I was up 25%. Down 16% now on the lot I bought in Dec. Swung some here and there so really only down ~10%. I did read that they are going to announce infrastructure plans in the next couple weeks. They met yesterday to kick it off.
Wonder if this news might impact Tesla too - https://www.thedrive.com/news/39609...production-car-with-level-3-self-driving-tech
Disputes the narrative that Tesla is a 'tech' company and other car manufacturers are dinosaurs that won't be able to catch up.
I've been slowly reducing my ICLN ever since january but yeah the past two weeks have been brutal.
With Biden legislation probably atleast another 6 months away i might exit it for now
Agreed nothing happens until late this year/early next year, but there might be some buy the rumor stuff coming up. It's the next thing on the docket after the COVID relief plan.
At this point I'm not really going to try and time another potential 10-20% to the bottom when it is already down 30% and miss a possible rally from being oversold. Missed the boat on getting out early enough for it to make sense IMO.
Biden, Buttigieg Push Infrastructure Plan
The president and the transportation secretary meet with House lawmakers to discuss a proposal for rebuilding aging roads, dams and railroads.
www.wsj.com
VW been on my watchlist for a long time, but I really missed the boat on that recent rise. Maybe Honda instead...
I wonder if there are any decent ETFs for the car industry which explicitly do not include Tesla. Would be interested in that.
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ARKG plummeting and having bought in at basically the peak makes me testy to invest more even though I do trust that genomics will over the long term increase and this would be a fantastic opportunity to average down. Tough to get over the psychology of wanting to get out entirely seeing it so red.
It's only like 15-20% off it's ATH from the last 20 years. It's not exactly cheap and basically been trading sideways for a decade.
Obviously, it's way below it's 90's prices which hit the mid-30's but it doesn't really represent a value stock right now IMO. The Mach-E is a pretty great EV for the pricepoint but it probably won't sell that well in the big scheme of things.
All ARK funds are going to continue to get clobbered. They do not use leverage so they will not go insolvent. But money is running away from the fund, causing them to liquidate holdings, causing those holdings to go down in price, causing more withdrawals from ARK funds, causing a lower ARK price, cause them to liquidate holdings... etc.
Well Ford is shifting its entire line up to EV in the very near future. No more gasoline. But i do agree it aint cheap.
I just thought of the idea a few days ago to buy Ford after watching reviews for the Mach-E, then i saw the current pirce and the way it already trended and said, Nope!
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