usctrojancpa
Well-known member
Dang Lennar, DR, Zillow, and Redfin had a great week.
NEW -> Contingent Buyer Assistance Program
I wouldn't let 10 meme stocks get you out of the market. Especially when interest rates are at 0%. Look at GME getting pounded and as a result, all other stucks are generally up and I strongly think that will continue as most high growth companies especially tech are posting record high earnings. One can argue the valuations are getting frothy but with interest rates at 0%, its expected.
But in the end, its your choice and your $. Just keep in mind, time in market > timing the market.
I might be wrong, but reopening trade will not hurt tech names long term. As long as tech continues to grow earnings, I don't see reopening trades impact tech names long term. I find tech more of a defensive trade tbh. They are great to hold onto when you need to lockdown the economy and they will do better once the economy re-opens again. Keep in mind, we are spending more time then ever on the web and all that infrastructure is powered by these tech companies.
I've been pocketing out-of-the-money put premiums on MSTR. Buy the home builders on the dip, they are going to crush earnings for this quarter (reporting in March). I already gave you guys Zillow and Redfin.
The largest dips by % were RIOT MARA MSTR AQB ALTO INUV and SOS. Liquidated RIOT MARA MSTR, added AQB ALTO and SOS on dip.
Dollar wise, the biggest drop from single stock was CLGX as it retreated from $90 to $83. This is my largest single stock holding by $ so the dip was significant in dollars. For comparison, the combined value of all 7 stocks mentioned in first paragraph is less than my CLGX holdings.
For 2021 to date, at peak I was up +$73,500 since Jan 1st. Currently up +$59,500 as of this writing, so the account has dipped about $14,000 from peak.
sleepy5136
Well-known member
eyephone said:
I wouldn't let 10 meme stocks get you out of the market. Especially when interest rates are at 0%. Look at GME getting pounded and as a result, all other stucks are generally up and I strongly think that will continue as most high growth companies especially tech are posting record high earnings. One can argue the valuations are getting frothy but with interest rates at 0%, its expected.
But in the end, its your choice and your $. Just keep in mind, time in market > timing the market.
momopi
Well-known member
Sold OSTK, still have some shares to sell later.
Sold JPM, out completely. Still have BAC and C shares.
Bought some MRK BMRN LI AMD today. Note that BMRN is higher risk.
Looking to exit NNDM $18-$20 then buyback at $14 and under.
Looking to exit remaining MRNA shares $190-$200.
Looking to exit OIH at $200 and up.
Sold JPM, out completely. Still have BAC and C shares.
Bought some MRK BMRN LI AMD today. Note that BMRN is higher risk.
Looking to exit NNDM $18-$20 then buyback at $14 and under.
Looking to exit remaining MRNA shares $190-$200.
Looking to exit OIH at $200 and up.
morekaos
Well-known member
>
momopi
Well-known member
With vaccine rollout, there is pent up demand in retail, amusement, tourism, travel, and home shopping. Perhaps 2Q 2021 or after.
There are still many value stocks and sector stocks that are undervalued from last year, versus internet/tech/etc. stocks that have been greatly inflated. At some point we may see the inflated stocks deflate, and money flowing back to sectors that recover toward profitability.
There are still many value stocks and sector stocks that are undervalued from last year, versus internet/tech/etc. stocks that have been greatly inflated. At some point we may see the inflated stocks deflate, and money flowing back to sectors that recover toward profitability.
sleepy5136
Well-known member
momopi said:
I might be wrong, but reopening trade will not hurt tech names long term. As long as tech continues to grow earnings, I don't see reopening trades impact tech names long term. I find tech more of a defensive trade tbh. They are great to hold onto when you need to lockdown the economy and they will do better once the economy re-opens again. Keep in mind, we are spending more time then ever on the web and all that infrastructure is powered by these tech companies.
usctrojancpa
Well-known member
momopi said:
I've been pocketing out-of-the-money put premiums on MSTR. Buy the home builders on the dip, they are going to crush earnings for this quarter (reporting in March). I already gave you guys Zillow and Redfin.
momopi
Well-known member
momopi
Well-known member
Small buys of AMAT MARA PLTR NNDM CTXS SPLK VMW AQB on morning dip.
Nice dip in crypto this morning but alas, Coinbase doesn't support limit orders. ;p Have to do that over at Kraken.
DOW up NASDAQ down suggests money leaving hyped companies with weak earnings, and moving money into companies with stronger earnings.
Will start selling remaining oil/energy stocks and funds when OIH hits $200. Was tempted to exit GUSH at >$70 today but held off.
Nice dip in crypto this morning but alas, Coinbase doesn't support limit orders. ;p Have to do that over at Kraken.
DOW up NASDAQ down suggests money leaving hyped companies with weak earnings, and moving money into companies with stronger earnings.
Will start selling remaining oil/energy stocks and funds when OIH hits $200. Was tempted to exit GUSH at >$70 today but held off.
momopi
Well-known member
Unloaded remaining shares of RIOT MARA MSTR. Since I got RIOT and MARA low I still came out ahead. But overall account is down $16K from peak this month. Let's see how far this dip goes.
Sold FENY GUSH and some OIH to take profit. Currently researching minerals/ores stock. Does anyone have experience with iron/copper or commodities ETF?
Researching:
Rare Earth: MP, REMX
Iron: X, CLF, SLX (Steel), ASX
Copper: CPER, JJC, CFX, COPX
Nickle: JJN
Tin: JJM, JJT
Aluminum: JJU, AA
Lead: LD
Lithium: REMX
Silver: HL, PAAS
Metals: DBB, JJM, MIXI (commodities ETF, heavy on iron)
Mining: XME, PICK
& Commodities ETF like DBC PDBC etc.
Sold FENY GUSH and some OIH to take profit. Currently researching minerals/ores stock. Does anyone have experience with iron/copper or commodities ETF?
Researching:
Rare Earth: MP, REMX
Iron: X, CLF, SLX (Steel), ASX
Copper: CPER, JJC, CFX, COPX
Nickle: JJN
Tin: JJM, JJT
Aluminum: JJU, AA
Lead: LD
Lithium: REMX
Silver: HL, PAAS
Metals: DBB, JJM, MIXI (commodities ETF, heavy on iron)
Mining: XME, PICK
& Commodities ETF like DBC PDBC etc.
Cornflakes
Active member
What do smarties here think of Palantir for the long term investment?
I have just started doing the research and I like it so far.
2020 revenue $1B
TAM is $120B
Their business model is Business to Business, and Business to Govt. services, worldwide, industry agnostic. My interpretation, kinda sorta recession-proof, and not much real competition to what they do.
In the next 5 years, even if they capture only 10-20% of TAM, that is significant growth and it will show in the stock price.
Another way I was looking at it. S&P500 companies generate 11.35T revenue. If just those 500 companies spend 1% for PLTR services to capture value out of their operations, that is 113B spend. The other hald can come from Govt contracts. And, this is just US. Intl, govt. and businesses are not even factored in.
I am probably getting ahead of myself here but is this next TSLA?
I have just started doing the research and I like it so far.
2020 revenue $1B
TAM is $120B
Their business model is Business to Business, and Business to Govt. services, worldwide, industry agnostic. My interpretation, kinda sorta recession-proof, and not much real competition to what they do.
In the next 5 years, even if they capture only 10-20% of TAM, that is significant growth and it will show in the stock price.
Another way I was looking at it. S&P500 companies generate 11.35T revenue. If just those 500 companies spend 1% for PLTR services to capture value out of their operations, that is 113B spend. The other hald can come from Govt contracts. And, this is just US. Intl, govt. and businesses are not even factored in.
I am probably getting ahead of myself here but is this next TSLA?
momopi
Well-known member
eyephone said:
The largest dips by % were RIOT MARA MSTR AQB ALTO INUV and SOS. Liquidated RIOT MARA MSTR, added AQB ALTO and SOS on dip.
Dollar wise, the biggest drop from single stock was CLGX as it retreated from $90 to $83. This is my largest single stock holding by $ so the dip was significant in dollars. For comparison, the combined value of all 7 stocks mentioned in first paragraph is less than my CLGX holdings.
For 2021 to date, at peak I was up +$73,500 since Jan 1st. Currently up +$59,500 as of this writing, so the account has dipped about $14,000 from peak.