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Old     (pesos)      Join Date: Oct 2001 Location: Texas       03-09-2020, 8:55 AM Reply   
Same. Although I did pick up a ton of VTI today. Gonna be an interesting week.
Old     (fly135)      Join Date: Jun 2004       03-10-2020, 9:36 AM Reply   
My buddy is day trading even while we are on a snowboard trip.
Old     (buffalow)      Join Date: Apr 2002       03-11-2020, 3:31 AM Reply   
Buy...Buy...Buy..
Old     (95sn)      Join Date: Sep 2005       03-11-2020, 7:13 AM Reply   
I sold everything last week. Completely in cash. Refuse to follow this down (again).
Old     (buffalow)      Join Date: Apr 2002       03-26-2020, 3:18 AM Reply   
Well the market has broke so many records in the last week (good and bad). I personally think next week it drops back down to 18,500-19K. Then we will see the steady increase moving forward. I have talked to a ton of business owners and financal guys over the last 3 weeks and that is the general consensus as well. What are you all thinking?
Old     (pesos)      Join Date: Oct 2001 Location: Texas       03-26-2020, 3:19 AM Reply   
Yeah definitely haven't seen the bottom yet.
Old     (95sn)      Join Date: Sep 2005       03-26-2020, 4:19 AM Reply   
Agree, the unemployment numbers are staggering. I sometimes think these bumps are the big boys just playing with the little guys, sweeping the pot to their side of the table one more time.
Old     (joeshmoe)      Join Date: Jan 2003       04-17-2020, 10:08 AM Reply   
Well, that was fun, DOW back up to 24k, these are the top stocks that bounced back after that last drop, so if it drops back down, these are sure to be winners, VZ, MSFT, PG, PEP, NOC, TMO, AMT, CM, NVDA, PYPL, SHOP, JNJ, LLY, good luck!
Old     (buffalow)      Join Date: Apr 2002       05-18-2020, 10:30 AM Reply   
Another big day today and its time to claw from 24K to 28K.
Old     (95sn)      Join Date: Sep 2005       05-21-2020, 10:15 AM Reply   
How do we go to 28K with 30%+ unemployment?
Not sure how we are at 24K
Old     (buffalow)      Join Date: Apr 2002       05-21-2020, 11:20 AM Reply   
95 - Because the investors know this is all BS and guying when money is very cheap. They also know that business have to return or go out of business and its just a matte of time. There are companies like Best Buy, Home Depot, Walmart, and industries like oil, medical and travel that are set for massive returns. The investors are always looking 6-12 months out. Also when the free unemployment + 600 runs out in 2 months those people will be back to work!
Old     (95sn)      Join Date: Sep 2005       05-21-2020, 12:10 PM Reply   
No doubt some companies are killing it now. Also many wont be back, tho most of the never to return are smaller and not public. I can see 50% or so going back to work soon, like you say. I got a gut feeling telling me there is another big drop remaining. Good luck on your investments!!
Old     (buffalow)      Join Date: Apr 2002       05-27-2020, 2:59 AM Reply   
The stock market it back open and it is on the climb the last two days. Lets hope it stays on course.
Old     (denverd1)      Join Date: May 2004 Location: Tyler       05-27-2020, 5:51 AM Reply   
Quote:
Originally Posted by 95sn View Post
How do we go to 28K with 30%+ unemployment?
Not sure how we are at 24K
agreed
Old     (buffalow)      Join Date: Apr 2002       05-27-2020, 6:23 AM Reply   
25,400 - Let's gooooooo
Old     (buffalow)      Join Date: Apr 2002       06-03-2020, 12:45 PM Reply   
The investors dont believe the media it appears....
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Old     (joeshmoe)      Join Date: Jan 2003       06-04-2020, 1:31 PM Reply   
Quote:
Originally Posted by buffalow View Post
95 - Because the investors know this is all BS and guying when money is very cheap. They also know that business have to return or go out of business and its just a matte of time. There are companies like Best Buy, Home Depot, Walmart, and industries like oil, medical and travel that are set for massive returns. The investors are always looking 6-12 months out. Also when the free unemployment + 600 runs out in 2 months those people will be back to work!
So, this stock market has a Trump win in its forecast? I would like to be out of all stocks come election time.
Old     (buffalow)      Join Date: Apr 2002       06-05-2020, 1:26 AM Reply   
28K very close.....
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Old     (buffalow)      Join Date: Apr 2002       06-05-2020, 3:54 AM Reply   
Come on 28k!!!!!
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Old     (95sn)      Join Date: Sep 2005       06-12-2020, 12:09 PM Reply   
Dude, youre badluck^^
Ok, question.
If US GDP for 2020 is a negative number, say -3, what will the market do? Relation? No relation? Not enough info?
Old     (ralph)      Join Date: Apr 2002       06-14-2020, 7:36 PM Reply   
Quote:
Originally Posted by 95sn View Post
Dude, youre badluck^^
Ok, question.
If US GDP for 2020 is a negative number, say -3, what will the market do? Relation? No relation? Not enough info?
Depends how much air the FED blows in the bubble
Old     (buffalow)      Join Date: Apr 2002       06-15-2020, 5:52 AM Reply   
Yhea - the next 90 days I would expect volatility. As the virus, china, us economy changes. Also July31 the unemployment is supposed to come to and end and this people will have to go back to work. There are still TONS of people that are choosing to stay at home instead of going to work. I woudl expect that will have a significant impact on the unemployment.
Old     (joeshmoe)      Join Date: Jan 2003       06-15-2020, 10:52 PM Reply   
Quote:
Originally Posted by buffalow View Post
Another big day today and its time to claw from 24K to 28K.
Why the obsession with 28k?
All the "experts" have been talking about a second bottom and it does not look likely to happen now, most of the States are in decline with the virus
https://coronavirus.jhu.edu/data/new-cases-50-states
and everyone agrees that it is game, set, match, once they find a vaccine.
Old     (buffalow)      Join Date: Apr 2002       06-16-2020, 3:22 AM Reply   
Not obsessed at all with 28K, just a big number on the way back to 30K. I agree that there will be lots of unknowns and between the political climate and covid in the US, there are alot of variables. That does not even include worldwide happenings. I honestly expected the market to hang around 21K for awhile until things settled down a bit. There is also a real possibility of covid thing combing back wrong around election time which will impact things further.
Old     (denverd1)      Join Date: May 2004 Location: Tyler       06-24-2020, 4:58 AM Reply   
Quote:
Originally Posted by 95sn View Post
Dude, youre badluck^^
Ok, question.
If US GDP for 2020 is a negative number, say -3, what will the market do? Relation? No relation? Not enough info?
This morning, read an estimate of -5% for the year. wouldn't be surprised if it was lower.

I think fictitious fed driven rally will come to a screeching halt.
Old     (shawndoggy)      Join Date: Nov 2009       06-25-2020, 5:43 AM Reply   
Quote:
Originally Posted by denverd1 View Post
This morning, read an estimate of -5% for the year. wouldn't be surprised if it was lower.

I think fictitious fed driven rally will come to a screeching halt.
If there's more money in the system (i.e. fed prints money, buys securities), then the valuation of "the market" may be accurate but the value of the money may not. In other words, seems to me the risk is inflation not (necessarily) a market drop ... is we are ONLY looking at the variable of the Fed's buying spree.

equities are really the best hedge in an inflationary market.
Old     (denverd1)      Join Date: May 2004 Location: Tyler       07-08-2020, 6:11 AM Reply   
Quote:
Originally Posted by shawndoggy View Post
If there's more money in the system (i.e. fed prints money, buys securities), then the valuation of "the market" may be accurate but the value of the money may not. In other words, seems to me the risk is inflation not (necessarily) a market drop ... is we are ONLY looking at the variable of the Fed's buying spree.

equities are really the best hedge in an inflationary market.
Agree with all this. They've already committed to buying distressed corporate bonds and continuing to prop things up with stimulus. Big unknowns are inflation and how bad the stimulus makes our "balance sheet" (not fed balance sheet, debt vs GDP) look when all the check have been written and cashed.

Ive been super cautious since all this started and I've missed out on some big moves upward. Just don't understand how 35M unemployed, corporate layoffs announced every day and a drop in GDP is the time to buy more equities. How does TSLA, a company yet to turn a profit, go up 40+% in a week to become the biggest (250B) car maker by market cap??
Old     (joeshmoe)      Join Date: Jan 2003       07-08-2020, 11:19 PM Reply   
Quote:
Originally Posted by denverd1 View Post
Agree with all this. They've already committed to buying distressed corporate bonds and continuing to prop things up with stimulus. Big unknowns are inflation and how bad the stimulus makes our "balance sheet" (not fed balance sheet, debt vs GDP) look when all the check have been written and cashed.

Ive been super cautious since all this started and I've missed out on some big moves upward. Just don't understand how 35M unemployed, corporate layoffs announced every day and a drop in GDP is the time to buy more equities. How does TSLA, a company yet to turn a profit, go up 40+% in a week to become the biggest (250B) car maker by market cap??
TSLA has 10% short sellers, I believe they used to have more, but they have also been hammered.
Everything this guy touches turns to gold, he sold out of his $70 short shorts on his Tesla website.
https://www.foxbusiness.com/markets/...n-short-shorts
Old     (buffalow)      Join Date: Apr 2002       08-11-2020, 2:28 AM Reply   
Crazy what is happening in the financial work - Stock market 28200, S&P 3,400Nas 11000, NYSE 13,000, Apple 450.

If there was not a pandemic I cant imagine what these numbers woudl look like.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       08-20-2020, 9:50 AM Reply   
Tslaaaaaaaaaaa
Old     (pesos)      Join Date: Oct 2001 Location: Texas       08-26-2020, 6:09 AM Reply   
Go tsla go

stooooooooonks
Old     (ord27)      Join Date: Oct 2005       08-26-2020, 10:17 AM Reply   
yaaaaas. my Tsla and NIO stocks are doing great !!

Thinking also about getting involved with Canoo too

waiting with money on the sideline, for Rivian IPO

Last edited by ord27; 08-26-2020 at 10:21 AM.
Old     (ralph)      Join Date: Apr 2002       08-26-2020, 1:05 PM Reply   
Quote:
Originally Posted by denverd1 View Post
How does TSLA, a company yet to turn a profit, go up 40+% in a week to become the biggest (250B) car maker by market cap??
TSLA has been profitable for the last 4 qtrs in a row and 6 out of the last 8. They even made a profit last quarter with Fremont been shut down for 8 weeks.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       08-26-2020, 1:10 PM Reply   
It's more than a car maker.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       09-02-2020, 10:17 AM Reply   
Wow what a wild day.
Old     (shawndoggy)      Join Date: Nov 2009       09-03-2020, 4:24 AM Reply   
I cashed in my 5% off coupon, but it looks like it works for everybody.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       09-03-2020, 4:30 AM Reply   
Bloody day so far!
Old     (joeshmoe)      Join Date: Jan 2003       09-03-2020, 7:18 AM Reply   
Don't worry, the Donald will make a deal with the house and the stocks will go back up.
Old     (buffalow)      Join Date: Apr 2002       09-03-2020, 7:58 AM Reply   
I say 29650 by end of day Monday!
Old     (shawndoggy)      Join Date: Nov 2009       09-04-2020, 5:42 AM Reply   
Quote:
Originally Posted by buffalow View Post
I say 29650 by end of day Monday!
You know Monday isn't a trading day, right?
Old     (buffalow)      Join Date: Apr 2002       09-08-2020, 8:03 AM Reply   
On the slide last few days. Mixed reasons I have read. Still expect it to bounce right back this week. Lets hope.
Old     (BCPMike0663)      Join Date: Apr 2010       09-14-2020, 2:17 AM Reply   
I haven’t invested much in the stock market besides my 401k. Have most my assets in real estate and tangible goods. Anyone bought some Walmart just for fun last week, I like their direction and expect them to steal some of Amazon’s market share long term.
Old     (joeshmoe)      Join Date: Jan 2003       09-21-2020, 3:26 AM Reply   
I don't see anything turning this thing around, except a Trump election and we know that's not going to happen.

https://www.foxbusiness.com/markets/...s-sept-21-2020
Old     (buffalow)      Join Date: Apr 2002       09-24-2020, 2:12 AM Reply   
I expect it to be pretty rocky through the election. With tech bouncing all over and the race to solving the virus continues it will be a weird 5 weeks. If the #s stay low and some of these stats re-open, then the financials should go up. Also most retail vendors will start the massive hiring in about 2 weeks which will help as well. Not saying its goign back to 30K, but I suspect it will bounce from 25-29K till the election.

The real discussion is what happens if Trump wins or what happens if Biden wins? That is really the financial question.
Old     (bass10after)      Join Date: Feb 2010       09-26-2020, 5:16 PM Reply   
Quote:
Originally Posted by buffalow View Post
I expect it to be pretty rocky through the election. With tech bouncing all over and the race to solving the virus continues it will be a weird 5 weeks. If the #s stay low and some of these stats re-open, then the financials should go up. Also most retail vendors will start the massive hiring in about 2 weeks which will help as well. Not saying its goign back to 30K, but I suspect it will bounce from 25-29K till the election.

The real discussion is what happens if Trump wins or what happens if Biden wins? That is really the financial question.
it tanks or it cranks no doubt about it. The market loves DJT. I've heard from some peeps that work at Blackrock that theyll be voting for him despite being very liberal. The last 3.5 years have made a lot of people a lot of money, and nobody wants it to come to a halt from covid or biden...
Old     (pesos)      Join Date: Oct 2001 Location: Texas       10-06-2020, 12:45 PM Reply   
Well the market did love him, but he tanked it today with his stimulus tweet. Strange move for the cheetoh.
Old     (bcd)      Join Date: Jun 2012       10-06-2020, 11:57 PM Reply   
Tanked it? I'm pretty sure the market went red when Pelosi released her news. Premarket is green. We're less than 200 pts from all time high in the S&P. How is that a tanked market?
Old     (pesos)      Join Date: Oct 2001 Location: Texas       10-07-2020, 12:08 AM Reply   
Donít think youíre following closely enough. It dropped on Trumpís tweet. Now he reversed himself on stimulus lol. Heís covid-brain-tweeting the past 24 hours it seems. Go tsla!
Old     (ord27)      Join Date: Oct 2005       10-07-2020, 3:24 AM Reply   
anyone have positions in a spac?
or thoughts about them?
I have positions in : SBE, HCAC, and my most hopeful.....DPHC
Old     (buffalow)      Join Date: Apr 2002       10-12-2020, 7:20 AM Reply   
28,885 + 11,888 + 3,538 - Great day for the markets...
Old     (shawndoggy)      Join Date: Nov 2009       11-16-2020, 9:13 AM Reply   
Been through my share of irrational exuberance cycles, but man. Can someone Ďsplain how the current market is worth more than Januaryís pre-COVID market?
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-16-2020, 10:49 AM Reply   
holy chit TSLA after hours, w00t!!!!!!!!!!!!!

s&p babyyyyyyyy
Old     (buffalow)      Join Date: Apr 2002       11-18-2020, 2:32 AM Reply   
and just like that... back around 30,000! 401K's are awfully happy for the fourth quarter. Goign to be an interesting 60 days until Biden is in office. Then its is anybody's guess what happens. I suppose it will depend if the house and senate remain split.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-18-2020, 3:12 AM Reply   
TSLA up over 8% yesterday and 5% so far today, w00t!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-18-2020, 7:37 AM Reply   
Make that over 10% for the day baby!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-23-2020, 1:52 AM Reply   
TSLA BABYYYYYYYYYYYYYYYYYY another 6% in the last hour
Old     (ord27)      Join Date: Oct 2005       11-23-2020, 1:56 AM Reply   
Increased my position in MMEDF last week. I'm really glad that I did. This thing is on the move! Now that Oregon has approved the use of psychedelics, I'm hoping that this sector takes off.

Rumor is a NASDAQ listing next month. It requires a $3 share price. The fear was a reverse split. Hopefully that won't be needed.
Kevin O'leary from Shark Tank is behind the scenes with them....so maybe it will continue it's climb for a bit
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-24-2020, 10:45 AM Reply   
another 7% for tsla today, nutso!!!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       11-27-2020, 4:38 AM Reply   
TSLA flirted with 600 today (3,000 pre-split!). I think we'll get there Monday. Love it!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       12-08-2020, 12:48 PM Reply   
TSLA briefly hit 650 before the close - and thatís after adding $5bil in new shares. Love it.
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Old     (ord27)      Join Date: Oct 2005       12-11-2020, 7:53 PM Reply   
https://finance.yahoo.com/quote/MMED...JjaGFydCJ9fX19
Old     (pesos)      Join Date: Oct 2001 Location: Texas       12-31-2020, 3:43 AM Reply   
Looks like TSLA may end the year over 700 w00t

Cliff wish I had gotten in early on mindmed!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-07-2021, 5:47 AM Reply   
Lots and lots of green baby. EV and green going nuts!
Old     (buffalow)      Join Date: Apr 2002       01-07-2021, 9:01 AM Reply   
Ok so what does 2021 look like in the financial world?Stocks surge over 31K. Bitcoin and tesla are through the roof. Crazy world we are living in.

Typically the financial world does not like one sided politics.They like split politics to cause stability and balance. This new president and team has already straight up said taxes will go up. he has not said the deficit will go down. I am not looking for political discussion here.

All signs are that between covid slowing down (in spring), unemployment dropping, and stimulus money kicking in, the first two quarters should be strong, but who knows about last two quarters. Rumor has it there is another round of PPP money coming in Feb, which is good.

I am in the commercial construction business and work mostly with big retailers and amazon/telsa/google. We are bidding more than ever and it looks like we will be building heavy in the first quarter at a minimum. We have booked 20+ contracts in the last 15 days and looks to be similar to the first quarter last year which was my best quarter in 30 years.

What are your thoughts? You going to continue to be aggressive investing or back it down?
Old     (shawndoggy)      Join Date: Nov 2009       01-07-2021, 9:24 AM Reply   
PPP isnít a rumor and itís coming before February. It was part of the stimulus package approved last month. There are new restrictions so fewer companies will qualify this time.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-07-2021, 12:20 PM Reply   
Holy hell what a day that was!
Old     (buffalow)      Join Date: Apr 2002       01-08-2021, 6:29 AM Reply   
seriously!
Old     (shawndoggy)      Join Date: Nov 2009       01-08-2021, 8:40 AM Reply   
Wes, nobody gonna fault you for selling a little TSLA. It has the market cap of all other car makers combined? c'mon!
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-08-2021, 3:56 PM Reply   
I know itís crazy, although Tesla is not a car maker any more than Amazon is/was a bookseller. This run has been nuts though.
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Old     (shawndoggy)      Join Date: Nov 2009       01-11-2021, 10:46 AM Reply   
Quote:
Originally Posted by pesos View Post
I know itís crazy, although Tesla is not a car maker any more than Amazon is/was a bookseller. This run has been nuts though.

Amazon has revenues tho.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-11-2021, 1:46 PM Reply   
Quote:
Originally Posted by shawndoggy View Post
Amazon has revenues tho.
Has or had? Everyone wigs out about the PE ratios but Tesla is pumping every dollar back into r&d

some PEs:

Amazon, 3732, late 2012, today 93

Starbucks, 3400, 2013, today 125 (note, it went extremely high in 2013 due to heavy spending but has been in the 20-100 range otherwise)

Cisco, 1975, mid 2018, today 20

Facebook, 1279, early 2013 (IPOíd May 2012), today 31

Salesforce, 4 big spikes, 970 (2007), 723 (2011), 700 (2017), 1215 (Jan 2020), today 100

Tesla, 1120 today. Was 0 until 2020 due to negative EPS
Old     (shawndoggy)      Join Date: Nov 2009       01-11-2021, 2:17 PM Reply   
Being valued at more than Volkswagen, Toyota, Nissan, Hyundai, GM, Ford, Honda, Fiat Chrysler and Peugeot combined while delivering about half as many cars as Ford makes F150s each year puts a lot of pressure on Tesla to actually start making more than 500k cars a year.

I think electrics are the future and Teslaís high flier status attracts money to other industry players too, which is a good thing.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-11-2021, 2:19 PM Reply   
No one thought they'd hit 500k this year - the scale up has been pretty impressive. And again, cars are almost secondary.

Elon's july tweet shows the focus...

Last edited by pesos; 01-11-2021 at 2:27 PM.
Old     (ord27)      Join Date: Oct 2005       01-12-2021, 7:11 PM Reply   
I waiting for Elon's Starlink to IPO.

He mentioned the possibility a couple of months ago.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-12-2021, 7:11 PM Reply   
Hoping he does company X and folds us in!
Old     (joeshmoe)      Join Date: Jan 2003       01-25-2021, 6:24 AM Reply   
Quote:
Originally Posted by pesos View Post
Has or had? Everyone wigs out about the PE ratios but Tesla is pumping every dollar back into r&d

some PEs:

Amazon, 3732, late 2012, today 93

Starbucks, 3400, 2013, today 125 (note, it went extremely high in 2013 due to heavy spending but has been in the 20-100 range otherwise)

Cisco, 1975, mid 2018, today 20

Facebook, 1279, early 2013 (IPOíd May 2012), today 31

Salesforce, 4 big spikes, 970 (2007), 723 (2011), 700 (2017), 1215 (Jan 2020), today 100

Tesla, 1120 today. Was 0 until 2020 due to negative EPS
Why buy any of those when Chipotle PE is 178? I don't get it.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-25-2021, 6:25 AM Reply   
bruuuuuuhhhhhhh tsla pltr gme baby TO THE MOOONNNNN
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-26-2021, 12:44 AM Reply   
Another beastly 6 figure day yesterday. Maybe a bit of red today pre-earnings but moon by eow I imagine.

In a lengthy phone interview with Fortune late Friday, the Tesla CEO and world’s richest man said he was delighted about the change in the White House, given that Joe Biden seems determined to rein in climate change—a jolting break from Donald Trump.

“I’m super fired up that the new administration is focused on climate,” Musk says, adding that he follows Biden on Twitter and is watching his moves carefully.
Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-26-2021, 9:27 AM Reply   
Great breakdown on expected earnings tomorrow plus where things are headed, the (relative unimportance of the current) PE ratio, etc

Old     (pesos)      Join Date: Oct 2001 Location: Texas       01-26-2021, 1:14 PM Reply   
Took a big position in gme yesterday. To the moooon!

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