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**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
06-21-2023, 08:30 AM
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#3721
- Destor
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- Destor
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Originally Posted By RobParks2M⏩
Blinker fluid still needs replacing!What kind if services do electric vehicles need though…
That's the question and would have me concerned about the costs you could expect to see when repairing stuff like collision damage, other random crap that fails (infotainment / electrical / interior parts), etc. They're gonna make the money somewhere, either they'll make it or they won't survive. You can find doomsday articles on Google saying stuff like "Rivian fender bender turns into $42k repair bill" but who knows how much of that is fear mongering.
06-21-2023, 08:35 AM
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#3722
06-21-2023, 08:38 AM
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#3723
- SouthDakotaBrah
- SUPERNOVA
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- SouthDakotaBrah
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Originally Posted By Destor⏩
I don't know man, I think NVIDIA and Tesla could legitimately be $1 trillion companiesThere is still waaaaaay too much money floating around
not srs
this market = wall street bets 2021 all over again
06-21-2023, 08:51 AM
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#3724
- Destor
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- Destor
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Originally Posted By SouthDakotaBrah⏩
Yeah I don’t know who’s buying at these valuations manI don't know man, I think NVIDIA and Tesla could legitimately be $1 trillion companies
not srs
this market = wall street bets 2021 all over again
not srs
this market = wall street bets 2021 all over again
06-21-2023, 09:42 AM
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#3725
- dopamine72
- Endorphin Junkie
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- dopamine72
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Originally Posted By Venom08⏩
The most I've been doing is trimming, still holding decent sized positions in NVDA, MSFT, TSLATSLA is approaching a major resistance TL at $298. If you have longs, definitely exit around there and go short.
Feels like today is pullback and tech rally may continue on?
Thoughts anyone?
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
06-21-2023, 09:58 AM
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#3726
Originally Posted By Destor⏩
I've definitely seen a few of those cost estimates. And the one in particular I looked at, looked like a nightmare to repair labor wise, and so it made sense. If true, that's a huge problem. Anyone that works on cars, knows engineers can be a pain in the ass when it comes to repairs. I guess I'd not be surprised that a startup company would consider that. I'll likely be buying Japanese for the rest of my life, unless I opt for a C8 in the future.Blinker fluid still needs replacing!
That's the question and would have me concerned about the costs you could expect to see when repairing stuff like collision damage, other random crap that fails (infotainment / electrical / interior parts), etc. They're gonna make the money somewhere, either they'll make it or they won't survive. You can find doomsday articles on Google saying stuff like "Rivian fender bender turns into $42k repair bill" but who knows how much of that is fear mongering.
That's the question and would have me concerned about the costs you could expect to see when repairing stuff like collision damage, other random crap that fails (infotainment / electrical / interior parts), etc. They're gonna make the money somewhere, either they'll make it or they won't survive. You can find doomsday articles on Google saying stuff like "Rivian fender bender turns into $42k repair bill" but who knows how much of that is fear mongering.
Originally Posted By dopamine72⏩
I'm long on everything. It sucks that I've made so much money on NVDA, because it's so tempting to exit. Of course I want to pull back, but quite a bit of my portfolio is red, so owell. Best thing I could do is put in stop limits, which expire in 60 days. Does anyone else not do expirations, because that enough reason for me to pick a new broker other than Vanguard.The most I've been doing is trimming, still holding decent sized positions in NVDA, MSFT, TSLA
Feels like today is pullback and tech rally may continue on?
Thoughts anyone?
Feels like today is pullback and tech rally may continue on?
Thoughts anyone?
I don't plan on touching any of that money for at least 20 years, so I see no sense to sell a thing. I just don't plan to buy more at this point.
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06-21-2023, 10:37 AM
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#3727
- thatsnarf
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- thatsnarf
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Originally Posted By dopamine72⏩
i just added AMD @ 114.50 and 112.50. 16 shares only.The most I've been doing is trimming, still holding decent sized positions in NVDA, MSFT, TSLA
Feels like today is pullback and tech rally may continue on?
Thoughts anyone?
Feels like today is pullback and tech rally may continue on?
Thoughts anyone?
06-21-2023, 10:58 AM
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#3728
- SouthDakotaBrah
- SUPERNOVA
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- SouthDakotaBrah
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ASML is still worth buying IMO, I'm frankly surprised they haven't blown up the same way other semiconductor companies have (and ASML is one of the few companies in the world with a true monopoly position in their industry. Actually, I will edit this and more accurately say: ASML is the only mega cap monopoly in the world). Once ASML begins using their shekels to consolidate the semicap industry, its game over (srs)
Also, when China levels Taiwan and the world has to build $500 billion worth of new fabs to replace TSMC, every semiconductor company in the world (even these supposedly $1 trillion ones) will need to rely on ASML for their chips to be made
Also, when China levels Taiwan and the world has to build $500 billion worth of new fabs to replace TSMC, every semiconductor company in the world (even these supposedly $1 trillion ones) will need to rely on ASML for their chips to be made
06-21-2023, 11:42 AM
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#3729
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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second half of year is starting to paint different picture slowly.
seems bottoming of inflation is going to be the story going toward end of 2023.
seems bottoming of inflation is going to be the story going toward end of 2023.
06-21-2023, 11:54 AM
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#3730
- thatsnarf
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- thatsnarf
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[QUOTE=Carbonfibre post_id=1685028023]second half of year is starting to paint different picture slowly.
seems bottoming of inflation is going to be the story going toward end of 2023.
[img][/QUOTE]so what's the move??? how we gonna make money.
seems bottoming of inflation is going to be the story going toward end of 2023.
[img][/QUOTE]so what's the move??? how we gonna make money.
06-21-2023, 12:09 PM
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#3731
- Carbonfibre
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- Carbonfibre
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Originally Posted By thatsnarf⏩
I have no clue haha.so what's the move??? how we gonna make money.
We know that 7 stocks made all the gains this year.
For the market to sell off these names need to sell.
Without these names selling this market isn't going anywhere.
My post above how commodities have started to pick up in price again is that stupid bond market clowns will realize that Fed can't back off inflation fight and will have to keep raising rates to 5.75-6 and than you get credit crunch and they are forced to trim the shiit holding all this up.
https://www.spglobal.com/marketintel...-2023-75823741
^this data is till May 17.
These gains are even bigger now as of today.
like massive more up for all 7 since May 17th.
nvda is 200% up etc
06-22-2023, 12:17 AM
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#3732
- RobParks2M
- mad hatter
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- RobParks2M
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Hope you kept your warrants Tug. Sabs just revoked their shelf registration. Decided they didn’t want to dilute to raise money. You know what that means
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-22-2023, 03:25 PM
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#3733
- imbeingcereal
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- imbeingcereal
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Originally Posted By Carbonfibre⏩
Well, I'm getting killed in opportunity cost yet again by not investing like it's 2021, but I just can't justify these tech stonk valuations. I get that $NVDA ispotentiallythe only game in town for AI GPUs and that GPU demand will increase, but trading at 20-25x FORWARD SALES is absolutely outrageous. I don't even understand wtf is happening with $TSLA and how it's at 52 week highs all over again just because of it's stupid charging network. We already know margins are coming down, they've now potentially given in for something that truly differentiated their EV vs the competition, and who even knows how much extra money this will add. Is it really the hundreds of billions of dollars in market cap that's being implied? I highly doubt that.I have no clue haha.
We know that 7 stocks made all the gains this year.
For the market to sell off these names need to sell.
Without these names selling this market isn't going anywhere.
My post above how commodities have started to pick up in price again is that stupid bond market clowns will realize that Fed can't back off inflation fight and will have to keep raising rates to 5.75-6 and than you get credit crunch and they are forced to trim the shiit holding all this up.
https://www.spglobal.com/marketintel...-2023-75823741
^this data is till May 17.
These gains are even bigger now as of today.
like massive more up for all 7 since May 17th.
nvda is 200% up etc
We know that 7 stocks made all the gains this year.
For the market to sell off these names need to sell.
Without these names selling this market isn't going anywhere.
My post above how commodities have started to pick up in price again is that stupid bond market clowns will realize that Fed can't back off inflation fight and will have to keep raising rates to 5.75-6 and than you get credit crunch and they are forced to trim the shiit holding all this up.
https://www.spglobal.com/marketintel...-2023-75823741
^this data is till May 17.
These gains are even bigger now as of today.
like massive more up for all 7 since May 17th.
nvda is 200% up etc
Idk, I'm starting to underperform everywhere outside of my retirement fund (hence why I always DCA into index funds no matter what), but I just can't justify jumping into valuations at these levels, especially since we're entering a tightening cycle.
06-22-2023, 05:25 PM
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#3734
06-23-2023, 09:34 PM
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#3735
- manmore350
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- manmore350
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what y'all think of my portfolio?
20K DNA
20K Wynn
30K PLTR
20K TDOC
200K Amazon
100K Apple
150k Tesla
20K DNA
20K Wynn
30K PLTR
20K TDOC
200K Amazon
100K Apple
150k Tesla
06-24-2023, 09:25 AM
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#3736
06-24-2023, 02:57 PM
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#3737
- RobParks2M
- mad hatter
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- RobParks2M
- mad hatter
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Originally Posted By manmore350⏩
Depends. What’s your DCA on DNA? Lmaowhat y'all think of my portfolio?
20K DNA
20K Wynn
30K PLTR
20K TDOC
200K Amazon
100K Apple
150k Tesla
20K DNA
20K Wynn
30K PLTR
20K TDOC
200K Amazon
100K Apple
150k Tesla
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-24-2023, 04:24 PM
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#3738
06-26-2023, 09:17 AM
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#3739
- GreatReset1
- Biden's America 🤡
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- GreatReset1
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Just remember.. CarbonCuck supports Joe Biden and Justin Trudeau.
He voted for this. He is a miserable cuckold.
He voted for this. He is a miserable cuckold.
06-26-2023, 11:32 AM
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#3740
06-26-2023, 12:55 PM
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#3741
- mulletwarrior
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- mulletwarrior
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Originally Posted By GreatReset1⏩
Not to mention he is the material of choice for OceanGate.Just remember.. CarbonCuck supports Joe Biden and Justin Trudeau.
He voted for this. He is a miserable cuckold.
He voted for this. He is a miserable cuckold.
mo e
06-26-2023, 07:33 PM
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#3742
06-26-2023, 08:27 PM
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#3743
Originally Posted By Destor⏩
The market bottom will come with the rate cuts designed to stimulate the economy, not the rate hikes designed to slow it — this is how it has always worked historically.
It’s just taking a long ass time to get there
It’s just taking a long ass time to get there
Originally Posted By NestBrah⏩
This is true and warrants more discussionThis market feels unstoppable - you think the rate hikes will start to pull companies down?
Recently market gains can be attributed to the fed stopping QT and pumping more cash, but it seems like once they actually pivot the market bottoms out
Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
06-26-2023, 09:29 PM
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#3744
- usersignup2
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- usersignup2
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Originally Posted By Azrairc⏩
I think the obvious answer is not knowing where the top of this rally will end. Let's say for arguments sake, SPY continues to rally for another 3 months and puts on another 10% to 475. How will you feel then? A lot of people holding cash will start to feel FOMO. Buy, wait? Capitulation works in both directions.Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
What if the bottom is not a V shaped recovery? What if the bottom is above the price when you sold?
Cash position is viable if you are comfortable with your ability to analyze the market and if you are OK with not catching the bottom.
06-26-2023, 10:59 PM
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#3745
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Azrairc⏩
I'd argue cash is for complete and utter cucks. Interest rates are at worst 50 points from their peak. Cash should be thrown in bonds.This is true and warrants more discussion
Recently market gains can be attributed to the fed stopping QT and pumping more cash, but it seems like once they actually pivot the market bottoms out
Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
Recently market gains can be attributed to the fed stopping QT and pumping more cash, but it seems like once they actually pivot the market bottoms out
Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
06-27-2023, 06:58 AM
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#3746
- Lefticle
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- Lefticle
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Originally Posted By Azrairc⏩
At a bare minimum, put your cash in SWVXX and get 5% in the meantime.This is true and warrants more discussion
Recently market gains can be attributed to the fed stopping QT and pumping more cash, but it seems like once they actually pivot the market bottoms out
Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
Recently market gains can be attributed to the fed stopping QT and pumping more cash, but it seems like once they actually pivot the market bottoms out
Is there any reasonnotto hold in a cash position right now and buy at a 10-20% discount
Always Neg Back Crew.
06-27-2023, 08:56 AM
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#3747
- 2020Wellness
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- 2020Wellness
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Originally Posted By Lefticle⏩
Yep. VMFXX is another option.At a bare minimum, put your cash in SWVXX and get 5% in the meantime.
On another note, for everyone in Vanguard funds, enjoy those quarterly dividends that've been coming out this month.
trainingwithryan.substack.com
06-27-2023, 10:04 AM
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#3748
- mulletwarrior
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- mulletwarrior
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Originally Posted By Lefticle⏩
Why do that when there are CDs paying over 5%?At a bare minimum, put your cash in SWVXX and get 5% in the meantime.
mo e
06-27-2023, 10:28 AM
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#3749
Originally Posted By Azrairc⏩
You may want to re-evaluate. You're 19.5% in Microsoft since VOO is 7% Microsoft. Bitcoin is too high for my taste. I have 1% Bitcoin in my IRA.what do you guys think of my portifolio
75% voo
12.5 % bitcoin
12.5 % Microsoft
75% voo
12.5 % bitcoin
12.5 % Microsoft
Originally Posted By mulletwarrior⏩
Why do that when my checking account pays 4.15%.Why do that when there are CDs paying over 5%?
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06-27-2023, 12:36 PM
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#3750
Originally Posted By usersignup2⏩
Even if the the bottom came in in October, there are still a lot of stocks trading cheaply, there is still opportunity to make money if you have cash and the indices continue to rise.I think the obvious answer is not knowing where the top of this rally will end. Let's say for arguments sake, SPY continues to rally for another 3 months and puts on another 10% to 475. How will you feel then? A lot of people holding cash will start to feel FOMO. Buy, wait? Capitulation works in both directions.
What if the bottom is not a V shaped recovery? What if the bottom is above the price when you sold?
Cash position is viable if you are comfortable with your ability to analyze the market and if you are OK with not catching the bottom.
What if the bottom is not a V shaped recovery? What if the bottom is above the price when you sold?
Cash position is viable if you are comfortable with your ability to analyze the market and if you are OK with not catching the bottom.
If the bottom has not come in yet then you are really going to wish you had some cash when it does lol.
Bottom has not come in, I'll be fine if I'm wrong but I've made $$$ since the low and I have an alt plan.
Originally Posted By Abzu⏩
The bottom should come in for the year somewhere around the 3rd week of October, bottom will very likely above 3,000 and we should sustain a rally going into 2023.
I: Self, Lord and Master.
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"I call you Son not because you Shine but because you Mine."
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