*Investors Blog*

[Pablo]

Who's to blame

Stop reading Yahoo finance and roll into small caps. Oddly silent here.

Tech is and has been way way way way way way way overbought. You could see it here even. Wait and buy some bargains soon.

My BDCs and bond funds are doing fine, and just keep paying me. Heck even BUI and DNP are up. I sold all my GTY, and VICI in two accounts (still holding in one account, have some long calls sold Sept and even December. My VZ 41 getting called away tomorrow for a healthy gain, plus dividends and the call premium.

Life is good.

 

[JeffKeryk]

Tech is a roller coaster. My portfolio dropped by a BIG number; yesterday but is up by a BIG number YTD. Not to mention over time, which is what matters the most.

 

[Pablo]

OK BOUGHT:

MU
NVDA
AMD
AVGO
FORM

Hold on!

 

[SC Maintenance]

Who's to blame

Anything at my house is my fault.

 

[Warstud]

Tech is a roller coaster. My portfolio dropped by a BIG number; yesterday but is up by a BIG number YTD. Not to mention over time, which is what matters the most.

We haven't made it to the moon

 

[JeffKeryk]

We haven't made it to the moon

I have... Keep punchin' kid! You're doing great!

 

[Warstud]

To The Moon

View attachment 230648

I had a feeling ^^^^ that was a blow -off Top

 

[SC Maintenance]

Stop reading Yahoo finance and roll into small caps. Oddly silent here.

Small caps definitely helped by falling rates but half of them are zombies. I bought a small amount of IWM in January with the powell jawboning. Sold it pretty quickly. Made like 2% and decided it wasn't worth the effort because I am too lazy to buy individual names.

Maybe its finally time to buy utilities - slowing growth, lower rates, etc.?

I am trying to figure out dollar liquidity, but to say that thought is above my pay-grade is a wild understatement.

 

[Pablo]

Small caps definitely helped by falling rates but half of them are zombies. I bought a small amount of IWM in January with the powell jawboning. Sold it pretty quickly. Made like 2% and decided it wasn't worth the effort because I am too lazy to buy individual names.

Maybe its finally time to buy utilities - slowing growth, lower rates, etc.?

I am trying to figure out dollar liquidity, but to say that thought is above my pay-grade is a wild understatement.

I'm not making any recommendations, I am just parroting what all the popular kids are doing.

 

[Owen Lucas]

The market could crash, mainly because it has done so and will again. BUT most of the above is nonsense.

Yes I agree, things go up and down but we are in unprecedented times right now.

Updated predictions:
- We are in for another summer of love due to a body cam video involving a boiling pot of water.
- Hunter's recent post looking like a eulogy and the subsequent change in command will probably cause some interesting stock movements. It was already too late to remove POTUS from the ballot in a few states....

I'm glad to have sold off a little while I could. I just hope things don't get worse.

 

[demarpaint]

Looks like GM did OK. ICE sales seems to be doing just fine.

 

[PWMDMD]

Yes I agree, things go up and down but we are in unprecedented times right now.

Updated predictions:
- We are in for another summer of love due to a body cam video involving a boiling pot of water.
- Hunter's recent post looking like a eulogy and the subsequent change in command will probably cause some interesting stock movements. It was already too late to remove POTUS from the ballot in a few states....

I'm glad to have sold off a little while I could. I just hope things don't get worse.

The warning that past performance does not guarantee future results is based on the fact that we are always in unprecedented times. We are always in a truly unique time.

 

[PWMDMD]

Tech is a roller coaster. My portfolio dropped by a BIG number; yesterday but is up by a BIG number YTD. Not to mention over time, which is what matters the most.

Beta > 1

 

[alarmguy]

Looks like GM did OK. ICE sales seems to be doing just fine.

GM has been crushing it, wish I didnt sell it to buy NVDA AND META or better said, I didnt need to make those trades.
GM sells around 6 times earnings, gets beat up at open today for once again exceeding sales and profits and raising forecasts like it has been doing for a few quarters now.

Meanwhile Tesla loses business into negative territory and profits all year but sells at 66 times earnings. It's why I say dont fight the stock market. You never know the trading ploy that is being set up. But one thing for sure, as proven time and again, there is a huge amount of risk in this company. Still almost 65% off its high years ago. (think about that)

 

[Ronin73]

It was already too late to remove POTUS from the ballot in a few states....

No. Doesn't matter...Biden has not been nominated by the DNC. There is no nominee at this point and hasn't been. Until the DNC convention when the official nomination is cast, nothing is official. That convention and official nomination doesn't take place until next month. Those state laws are mute becasue of that.

 

[demarpaint]

GM has been crushing it, wish I didnt sell it to buy NVDA AND META or better said, I didnt need to make those trades.
GM sells around 6 times earnings, gets beat up at open today for once again exceeding sales and profits and raising forecasts like it has been doing for a few quarters now.

Meanwhile Tesla loses business into negative territory and profits all year but sells at 66 times earnings. It's why I say dont fight the stock market. You never know the trading ploy that is being set up. But one thing for sure, as proven time and again, there is a huge amount of risk in this company. Still almost 65% off its high years ago. (think about that)

Yep, I agree. People seem to want ICE and Pick Up trucks. Average vehicle sales price was $50K I think they said. Looks like they're selling the news.

 

[bovine1]

Which BDC's do you folks like? I have a little PSEC and OBDC. I also nibble at Blue Owl, Prospect, Ares, and Blackstone bonds. I use them to spice the yield on my <5yr bond portfolio of Treasuries(mostly bills), Agencies, and brokered CD's, and Investment grade Corps.. Thanks.

 

[PWMDMD]

It was already too late to remove POTUS from the ballot in a few states....

The nomination does happen for a month...how could it be too late? The other thing I keep reading that has no basis in reality - no, the nomination of Presidential candidates is NOT covered in Article II, Section 1 of the Constitution.

 

[alarmguy]

Yep, I agree. People seem to want ICE and Pick Up trucks. Average vehicle sales price was $50K I think they said. Looks like they're selling the news.

Tesla gets smacked again. Profits down 47% announced after the close, this is after reported weak sales numbers a little while back. At this point I can't feel bad for people who invest in this company and lose money. I do care about people but 1 year now of falling sales and profit and still sells 60+ times earnings ... well, Wed will be an interesting day. Including after hours the stock is 'only" down 10% I have no idea if it will go up or down Wed, it's a trading stock, not an investment grade stock so standard rules dont apply. Just dont lose sight of the fact that it still never got close to the $400 high set a long time ago now with CONSTANTLY falling profits and sales at a time where we the taxpayers give Tesla up top $7,500 per car, like hello?

 

[demarpaint]

Tesla gets smacked again. Profits down 47% announced after the close, this is after reported weak sales numbers a little while back. At this point I can't feel bad for people who invest in this company and lose money. I do care about people but 1 year now of falling sales and profit and still sells 60+ times earnings ... well, Wed will be an interesting day. Including after hours the stock is 'only" down 10% I have no idea if it will go up or down Wed, it's a trading stock, not an investment grade stock so standard rules dont apply. Just dont lose sight of the fact that it still never got close to the $400 high set a long time ago now with CONSTANTLY falling profits and sales at a time where we the taxpayers give Tesla up top $7,500 per car, like hello?

I hear ya. I saw that coming a mile away.