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Thread: Intersting thoughts

  1. #601  
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    ''BABA- has consolidated well around the 286 range, 290 range and mid 295s. I like the strong support for BABA from the short term support created. A consolidation above 300 can push this to the upper gap fill trend line resistance at 320. See a strong push to 308-310 this week and a break of that can see a bullish movement. Best entrance is above 295 pull back or the consolidation levels near 300''.
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  2. #602  
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    Global Market Comments
    October 12, 2020
    Fiat Lux

    Featured Trade:(MARKET OUTLOOK FOR THE WEEK AHEAD, or BACK TO THE NIFTY FIFTY),
    (CAT), (JPM), (BAC), (NSC), (UNP), (V),
    (MA), (FDX), (UPS), (IP), (AAPL), (TSLA)


    The Market Outlook for the Week Ahead, or Back to the Nifty Fifty

    My daughter needed a desk so she could go to high school from her bedroom. So, I drove around Northern Nevada to get the perfect piece, visiting Reno, Sparks, Carson City, and Minden. It is one of the most conservative parts of the country, probably 90% republican.What I saw was amazing.

    There were Biden/Harris signs everywhere. Yes, there will still some Trump signs, but they were in a definite minority. Four years ago, you only saw Trump signs. The rare Clinton/Kaine sign was full of bullet holes, torn down, or copiously marked with offensive graffiti.

    I thought, hmm, there must be a trade here.

    We seem to be on the verge of massive changes in the US economy. Get in front of them and you’ll make a fortune. Lag behind, and you’ll be seen driving an Uber cab.

    Technology undoubtedly led the decade, bringing in a 30% annual return since 2009. Industrial and other domestic stocks brought in no more than 12%. The “Roaring Twenties” could bring the reverse.

    Technology will continue to do OK. Ever falling prices and greater service is a tough business model to beat. But let’s face it, none of these things are cheap. Apple (AAPL) going from a 9X multiple to 45X?

    Industrials could be playing a massive catch up game initiating a new supercycle as they did from 2000-2010 when tech lagged in the wake of the Dotcom Bust.

    This switch is made easier by the fact that most big industrial companies are now de facto technology ones. They all now use advanced cloud software, sophisticated robots, and state of the art distribution systems. Caterpillar (CAT) even has a 290-ton dump truck that drives itself like a giant Tesla (TSLA)!

    Many of these companies I have covered for nearly 50 years, when they last belonged to the Nifty Fifty. So, for me, it’s a matter of dusting off my old research, seeing who is left, and giving them a modern spin. The great thing about these stocks is that many pay decent dividends.

    I’ll give you a short list of where to buy the dips.

    Banks – JP Morgan (JPM), Bank of America (BAC)
    Railroads – Norfolk Southern (NSC), Union Pacific (UNP)
    Credit Cards – Visa (V), Master Card (MA)
    Couriers – FedEx (FDX), UPS (UPS)
    Consumer Discretionary – International Paper (IP)

    Hmm, a market where everything goes up. I like it! Dow 120,000 here we come!

    Trump ordered all Stimulus Negotiations to cease, and then changed his mind six hours later. Clearly, the president has given up on the election and wants the next administration to inherit a Great Depression. Or is this Covid-19 talking? It’s the perfect scorched earth strategy. Write off another 2 million small businesses. Down ticket republican candidates will be beaten like a red-headed stepchild. Stocks plunged 600, with airlines in free fall, then bounced 700.

    Jay Powell REALLY wants a stimulus package, claiming the economy desperately needs fiscal help to maintain a recovery or face a prolonged depression. “The risks of overdoing it seem, for now, to be small,” the central bank chief told the National Association for Business Economics. Are his pleas falling on deaf ears in Washington? Trump just gave our Fed governor the middle finger salute.

    Share Buybacks vaporized T\this year and will be miniscule next year, with companies whose earnings have been crushed by the pandemic not participating. The ban on bank share buybacks imposed by the Fed continues. This has been the largest portion of net stock buying for the past decade. The good news is that foreign investors stepped in as big buyers in 2020, taking the indexes to new highs.

    Apple to announce new 5G iPhone this week. The release came a month late, thanks to the pandemic. Scheduled for October 13, the event is called “High Speed”. Apple’s biggest sales quarter in history has just begun. Buy dips in (AAPL).

    The Election is Noise and its best to focus on the bull market that has just begun, says JP Morgan. Record fiscal stimulus and quantitative easing in the face of near-zero interest rates create a perfect storm in favor of equities. The best stock to own going into the October 13 Prime Day?

    Weekly Jobless Claims edged down to 840,000, still missing 200,000 from California, due to an upgrading computer system. California stopped reporting data so they can rebuild the antiquated computer system of the Employment Development Department, which has been breaking down due to overwhelming demand. Some 26.5 million workers are now claiming unemployment benefits.

    Banks are making record trading profits on the back of the US Treasury market where volume has exploded. Even though there has been little net movement in prices in six months, the two-way bets have been enormous. It helps to have a massive home refi boom, incredible QE, and a government that is printing new debt like there’s no tomorrow.

    When we come out the other side of this, we will be perfectly poised to launch into my new American Golden Age, or the next Roaring Twenties. With interest rates still at zero, oil cheap, there will be no reason not to. The Dow Average will rise by 400% or more in the coming decade. The American coming out the other side of the pandemic will be far more efficient and profitable than the old.

    My Global Trading Dispatch maintained a new all-time high last week by staying 100% in cash. I was just as grateful for having no positions on the up 600-point days as I was on the down 600-point days. Safe to say that I will be an increasingly more aggressive buyer on ever smaller dips.

    That keeps our 2020 year-to-date performance at a blistering +35.46%, versus a gain of 0.5% for the Dow Average. That takes my eleven-year average annualized performance back to +36.14%. My 11-year total return stood at new all-time high of +391.37%. My trailing one-year return dropped to +44.26%.

    The coming week will be a dull one on the data front. The only numbers that really count for the market are the number of US Coronavirus cases and deaths, now at 210,000, which you can find here.

    On Monday, October 12 at 8:30 AM EST, the government is closed for Columbus Day so there will be no data releases, even though the stock market is open.

    On Tuesday, October 13 at 9:00 AM EST, the US Inflation Rate for September is out.
    On Wednesday, October 14, at 8:30 AM EST, The Producer Price Indexfor September is released. At 10:30 AM EST, the EIA Cushing Crude Oil Stocks are out.
    On Thursday, October 15 at 8:30 AM EST, the Weekly Jobless Claimsare announced. We also get the Empire State Manufacturing Index.
    On Friday, October 16, at 8:30 AM EST, US Retail Sales are printed. At 2:00 PM we learn the Baker-Hughes Rig Count.

    As for me, I eventually found the perfect desk on Craigslist Reno. It was from the 1930s and had once occupied the office of the Metropolitan Life Insurance Company of New York, complete with two inkwells.

    The company logo was prominently displayed in its wrought iron legs. When the Metropolitan modernized its offices in the 1950s, it sold off its furniture, which has been in circulation in the antique market ever since.

    I told the seller, who had just moved from the east coast, of my amazing connection with the company. My Uncle Ed spent three years on a Navy destroyer in the Pacific during WWII. Enlistees in the 1940s were required to take out life insurance policies before they went off to war.

    When Ed passed away a few years ago, I went through his papers and what did I find but a life policy from the Metropolitan Life Insurance Company for $1,000.

    Ever the history buff, I called the company to find out if the policy was worth anything 70 years later. It turned out to have a cash value of $100,000, which they paid out immediately. I divided the money among my mom’s 20 grandchildren to pay for their college educations. Several now have PhDs. Got to love that compounding of interest.

    Stay healthy.

    John Thomas
    CEO & Publisher
    The Diary of a Mad Hedge Fund Trader









    Bring on the Roaring Twenties


    Quote of the Day

    “I think we don’t become our most honest and genuine until we are dead, and not until we have become dead for years. People ought to start dead and then they would become honest earlier,” said American writer and humorist Mark Twain.





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  3. #603  
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    Double post
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  4. #604  
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    Quote Originally Posted by Bozzie View Post
    Another round of LLNW earnings coming up..
    The next 10 days should see heavy trading..they are going to surprise the market with a more than positive update.
    Bought a little more last week..this a longish hold IMO.

    Price 6.38 today...This is a +9 dollar company IMO.
    This is huge for LLNW 80% of Disney streaming is through LLNW's network, I see Disney as having take-out potential on LLNW.
    6.42 in the AF market. Disney up big in the AF

    https://www.cnbc.com/2020/10/12/disn...-consumer.html
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  5. #605  
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    So $100,000 paid for 20 college educations?
    I thought school was expensive.
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  6. #606  
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    Quote Originally Posted by Bruins4Life View Post
    So $100,000 paid for 20 college educations?
    I thought school was expensive.

    I think he was saying it paid for part of the education.
    Mostly it was a vehicle to talk bonds.
    LLWN having a nice morning up 7%
    I'm just about done talking to myself In this thread, I have what like and have a few I'm watching on deck..waiting on one IOP.

    Hopefully this has been helpful to some...Not to toot my own horn but I've picked some rockets.

    Good luck fellas.
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  7. #607  
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    I enjoy reading your thoughts. Sorry its feeling like a monologue.
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  8. #608  
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    Quote Originally Posted by Bruins4Life View Post
    I enjoy reading your thoughts. Sorry its feeling like a monologue.

    All good buddy, good luck with that gold and those ponies.
    Biggest move in 15 years in the Chinese currency VS the USD today.
    You're "Golden" as they say.
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  9. #609  
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    Quote Originally Posted by Bozzie View Post
    All good buddy, good luck with that gold and those ponies.
    Biggest move in 15 years in the Chinese currency VS the USD today.
    You're "Golden" as they say.
    Are you saying "Stay golden, Pony Boy"?
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  10. #610  
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    lol.. Nope, but I do like reading some Robert Frost

    Biggest move over the month in the Yuan in the past 15 years that is.

    have good one buddy
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  12. #612  
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    Quote Originally Posted by JuiceMaker View Post

    I looked at it last night..It's a lot of tech I know nothing about and it would take a deep dive to figure this out.
    No numbers (sales) makes this a hard one to gage without being an expert in the tech plus knowing a lot about what the competition is offering.

    Looks super interesting..Right now my head is in Synthetic DNA and data storage with TWST.

    Good luck juicer
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  13. #613  
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    [QUOTE=Bozzie;13282690]I think he was saying it paid for part of the education.
    Mostly it was a vehicle to talk bonds.
    LLWN having a nice morning up 7%
    I'm just about done talking to myself In this thread, I have what like and have a few I'm watching on deck..waiting on one IOP.

    Hopefully this has been helpful to some...Not to toot my own horn but I've picked some rockets.

    Good luck fellas.[/QUOT

    Bozzie I come in here and look at what others are thinking. I think it is a good idea to have an open mind with investments. It is easy to become stale and not look for other opportunities. I havent been in the financial forum for a few weeks because of other things going on in my life. I do appreciate you sharing your ideas and information...even if I don't always respond.

    All best Northern Star
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  14. #614  
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    [QUOTE=Northern Star;13291464]
    Quote Originally Posted by Bozzie View Post
    I think he was saying it paid for part of the education.
    Mostly it was a vehicle to talk bonds.
    LLWN having a nice morning up 7%
    I'm just about done talking to myself In this thread, I have what like and have a few I'm watching on deck..waiting on one IOP.

    Hopefully this has been helpful to some...Not to toot my own horn but I've picked some rockets.

    Good luck fellas.[/QUOT

    Bozzie I come in here and look at what others are thinking. I think it is a good idea to have an open mind with investments. It is easy to become stale and not look for other opportunities. I havent been in the financial forum for a few weeks because of other things going on in my life. I do appreciate you sharing your ideas and information...even if I don't always respond.

    All best Northern Star

    I do too..I've always thought you were sharp in the stock market..
    Hope you're well and I look forward to more of your postings..

    I've been making moves the past week, LLNW ER tomorrow it's been sideways for about a week witch I like up to earnings...I think they beat guidance easily. Link below to LLNW's ER tomorrow if anyone is following 4pm start time..could be very interesting, this companies heads talk a good game.

    BABA more of the same looking for 320.00 soon than 360.00 before EOY if the election falls the Dems way
    TWST Twist consolidating around 90 sold/ half last week at 90... watching.
    AVDL 90 days out.. holding.. jazz will but these guys at a premium
    JD..been buying
    TCHEY .. my election play rocket.

    Waiting on Ginko's IPO


    LLNW ER link
    https://services.choruscall.com/links/llnw200722.html
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  15. #615  
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    I have 40,000 in LLNW and its been completely pissing me off this earnings. Nothing but stellar news and the stock goes down time and time again. Moved to buy almost everywhere and still nothing. Fastly's crash didnt help any of them. My entry point is $6.09 for these 40,000 and truly pissed I didnt set a sell at $7 last week but I honestly didnt think it would come back down.
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  16. #616  
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    Quote Originally Posted by gmrcharity View Post
    I have 40,000 in LLNW and its been completely pissing me off this earnings. Nothing but stellar news and the stock goes down time and time again. Moved to buy almost everywhere and still nothing. Fastly's crash didnt help any of them. My entry point is $6.09 for these 40,000 and truly pissed I didnt set a sell at $7 last week but I honestly didnt think it would come back down.
    I got one like that, driving me nuts too buddy can't figure it out. Not as heavily invested as you but that's not the point
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  17. #617  
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    Quote Originally Posted by gmrcharity View Post
    I have 40,000 in LLNW and its been completely pissing me off this earnings. Nothing but stellar news and the stock goes down time and time again. Moved to buy almost everywhere and still nothing. Fastly's crash didnt help any of them. My entry point is $6.09 for these 40,000 and truly pissed I didnt set a sell at $7 last week but I honestly didnt think it would come back down.

    40 K? holly shit...GMR

    Not to be an alarmist but earnings season has been up against unrealistic expectations from the street.
    Unless they kill it you might be disappointed, we could be one quarter early here..
    As I've said this is a long hold for me.
    Look at the earning beats this week and the stock movement( chipotle Last night) ..This isn't the week to announce (stimulus talks) but the next two weeks won't be great either (election spotlight)
    We'll see, i'm not selling today and don't have plans to sell anytime soon either way. I still think this is an attractive take out.

    It's going to take some conviction to sit through this but it's my game.. waiting.
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  18. #618  
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    Quote Originally Posted by Meano View Post
    I got one like that, driving me nuts too buddy can't figure it out. Not as heavily invested as you but that's not the point

    Hello... and let's have good day with this.
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  19. #619  
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    This stimulus ..I'm not for it but if it came today I wouldn't be sad.
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  20. #620  
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    TCHEY.....How do you see the election affecting this particular stock?
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  21. #621  
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    Quote Originally Posted by gmrcharity View Post
    I have 40,000 in LLNW and its been completely pissing me off this earnings. Nothing but stellar news and the stock goes down time and time again. Moved to buy almost everywhere and still nothing. Fastly's crash didnt help any of them. My entry point is $6.09 for these 40,000 and truly pissed I didnt set a sell at $7 last week but I honestly didnt think it would come back down.
    I got a bunch @ 6.05 this week.
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  22. #622  
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    Quote Originally Posted by Bruins4Life View Post
    TCHEY.....How do you see the election affecting this particular stock?
    it's my opinion but others don't see it the way I do...It's pretty complicated I'd call it a rhetoric play.
    Scary thing is the 100 day post election and possible retribution from the administration.
    I'm just looking for a pop..I won't hold they have other issues in China with regulators but clearing the political path up some will be worth something.
    Good read.

    https://www.fool.com/investing/2020/...t-stock-a-buy/
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  23. #623  
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    Anyway you slice it BABA is the play in china at least right now.
    By far my biggest holding.
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  24. #624  
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    I'm guessing Republicans are more likely to clamp down on Chinese stocks?
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  25. #625  
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    Quote Originally Posted by Bruins4Life View Post
    I'm guessing Republicans are more likely to clamp down on Chinese stocks?
    Well..the threats have been issued from the GOP..the move on tiktok WeChat and a little talk about banning ANT BABA's payment arm.

    BABA is insulated somewhat ..delisting is my only worry but it's small main thing with BABA the accounting is legitimate
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