Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[Slurry Pumper]

I like ALB from this spot the stochastic have a wide gap the trend is up, and money looks like it is going in with room to run until the mid 90's.
Usually the snowballer comes in with a chart to show all of the stats you need, but I like it from a quick lookie for a few seconds.

[Madison]

One other area to keep an eye on is corporate security. The more people work from home the more focus will be on network security. This is an area I have prior knowledge. I own some OKTA but really blew it with PAN (Palo Alto). They dropped somewhere near 180 and are now circa 240.

[homie1975]

I'll look into it, but the only thing I invest in is the NFL and the Stock Market, and craps when I'm at the casino in person. Other than that I could care less about poker even though it is a fascinating skill in person (not sure about online). Then when it comes to charity, I usually like to give my bucks to animal related entities. Mostly because as a true asshole, I could care less about the outcomes of humanity on an individual basis.

As for today, I bet the Trumpenator comes out with some pretty rough statement against china. You can kiss Hong Kong bye bye in terms of being a financial center for the world. I can't believe that the occurrences over there having been having an effect yet on our stock market. He will make his statement after the close of course so that the plunger boys can come up with another vaccine can'tidate. I've been shorting the company the day after the announced trails and doing very good, so don't chase, just short right before the close that day. Check it out for youself, Gilead, Monderna, and the other one which the name escapes me now but it was the latest one from last week. Check all of their charts and you can see what a good short call that is on the day after the announcement. I perdict it happens again next Monday. Partly due to the China fallout, and partly because the market is way ahead of itself and it will need a hype story to keep from going below the magical support that the plunger boys worked so hard to get above. The rotation that is needed is in action although the breath and follow through in volume just aren't there.

very tough to argue your points. i think the third pharma stock you are thinking of is NVAX

they are pushing hard for the vaccine and letting it be known lol

[Madison]

you are absolutely right. i like DOCU but i am holding CRM which has been good for me and of course they have a partnership with DocuSign. i believe there are other esign companies (like Assuresign) that can gain popularity and hurt DOCU a bit hence my trepidation. with CRM you get the best in class most sought after sales enterprise software that is head and shoulders above the next guy. i am just not sure if DOCU is that much higher than the competition. i am all ears if you have something. please let me know if i am out of my mind here

I have had CRM on my watch list and have failed to execute. I'll look a little closer and appreciate your input.

[Madison]

I like ALB from this spot the stochastic have a wide gap the trend is up, and money looks like it is going in with room to run until the mid 90's.
Usually the snowballer comes in with a chart to show all of the stats you need, but I like it from a quick lookie for a few seconds.

Another (Lithium/LIACF) totally speculative I took a small flyer on. I think I got it from MarketBeat. Lithium mining in Nevada. I'm somewhat focused on industries etc being brought back to domestic production. Think we're headed here for a time to come. A large part of ALB is non-domestic.

[Snowball]

I picked up a June 85 put on WSM
just in case anyone wants to take a look at what's going on there.
looks like overblown short covering

[milwaukee mike]

I picked up a June 85 put on WSM
just in case anyone wants to take a look at what's going on there.
looks like overblown short covering

seems like the way to play it, good luck

i'm looking at the august 80s for about 6... not cheap but i think there's a good chance this goes back down to the 60s in the next few months

no idea why someone would want to pay 30x earnings for a retailer who has estimates for 2022 that are below last year's... credit suisse raised their price target to $57 today with the stock at 84

[Slurry Pumper]

I'm getting out of all my long plays and severely cutting back on the short plays before the President shows up to shit all over anything I got going on. I thought for sure he would wait until the end of the day after the close of the markets to announce anything, but I guess not, he is going to stumble out to speak. I gots a bad feeling about this one. Maybe indigestion but I'm still going with it. The Fed didn't make me feel all warm and fuzzy today either, so I'll pause and re-evaluate this weekend.

[Snowball]

unreal I had GMBL and GMBLW on my hot list but didn't buy
it was 3 now over 8.
SLGG up 20%. still thinking about William Hill and MGM
Paddy PDYPY is soon to be ticker changed to Flutter Ent., their buyout of Stars Group is completed.
It will probably get a Nasdaq or NYSE listing, not just an ADR.
Casino openings are going to be very slow as will sports
Cannot help but wonder if the market has moved ahead of facts with some of them.
Remember also traditionally when micro caps rise last it is the signal of a completed cycle
but who knows anymore..

[navyblue81]

I'm getting out of all my long plays and severely cutting back on the short plays before the President shows up to shit all over anything I got going on. I thought for sure he would wait until the end of the day after the close of the markets to announce anything, but I guess not, he is going to stumble out to speak. I gots a bad feeling about this one. Maybe indigestion but I'm still going with it. The Fed didn't make me feel all warm and fuzzy today either, so I'll pause and re-evaluate this weekend.

I’m with ya. Taking a couple week break on my short term investments. Cashed in with Berkshire this week so made some $$$.

[Madison]

unreal I had GMBL and GMBLW on my hot list but didn't buy
it was 3 now over 8.
SLGG up 20%. still thinking about William Hill and MGM
Paddy PDYPY is soon to be ticker changed to Flutter Ent., their buyout of Stars Group is completed.
It will probably get a Nasdaq or NYSE listing, not just an ADR.
Casino openings are going to be very slow as will sports
Cannot help but wonder if the market has moved ahead of facts with some of them.
Remember also traditionally when micro caps rise last it is the signal of a completed cycle
but who knows anymore..

I've been sticking with Draft Kings. (Stay at home)

[CanuckG]

Someone talk me out of $MGM

[Madison]

ZOOM about to report. They've been giving their service away to gain market share. Not sure where thier income stream is coming from. Long term secure web conferencing like Cisco\Webex well entrenched in corporate.

Time to short ZOOM?

[Iona]

Earnings announcements for next week:

[trobin31]

Didn’t see this thread until now...here’s my viewpoints on market...watch for VTIQ this week

https://www.sportsbookreview.com/forum/players-talk/3604924-thoughts-stock-market-post-covid-19-a.html

[JayLA]

ZOOM about to report. They've been giving their service away to gain market share. Not sure where thier income stream is coming from. Long term secure web conferencing like Cisco\Webex well entrenched in corporate.

Time to short ZOOM?

I think Zoom has and will have a huge market share of web conferencing

[Slurry Pumper]

Didn’t see this thread until now...here’s my viewpoints on market...watch for VTIQ this week

https://www.sportsbookreview.com/for...ovid-19-a.html

Plenty of stocks in the portfolio there.
I just went neutral Friday right before the President made his china announcement so I don't have many stocks I am current holding long or short.
The FED needs to rotate into the bank stocks because that is where small businesses get the money to start with, so with out the financials this market will remain sickly. I'm looking for the FANG stocks to continue to roll over and money will try to rotate into the banks so I'll be looking to short the FANG when I get a chance. GS, BAC, JPM are all on my long list, as well as the whole sector etf XLF because those will have to start leading for the economy to come back and the FED isn't gonna let the market collapse just yet during an election year. The healthcare stocks you sited are all in my target sites for short plays if they come out with a vaccine story. Basically, I'll let them run for the day of the vaccine announcement and then short them right before the close. Take a look at the vaccine stocks for the last 3 hype jobs and you'll see what a great play that is. I'll also be looking at the industrial sector etf XLI and names like CAT and BA. Also looking for long plays in energy like XOM and SLB. I'm not in any of these at the moment like I said, but next week I'm be looking for an entry in them.

For the super long term I'm holding SPH because it is a slow mover but has 15% dividend every year. I am also in many utilities due to the low interest rates and these consist of my entire portfolio right now.

[Slurry Pumper]

I think Zoom has and will have a huge market share of web conferencing

You don't think this market has saturation with the Skype and Teams products?

[trobin31]

^
Tend to agree, sectors like Finance, Industrials and Energy are undervalued & poised for buys in June. That’s a pretty sweet dividend on SPH.


^
also agree with Vaccine & pharm day & swing trade hype killing it. I look at the gap up charts and focus on biomedical Incs when I can and if I have time find a good buy at Mid morning & collect a nice paycheck by lunch. I happened to do this with ADAP & Sonoma on friday.

[JayLA]

You don't think this market has saturation with the Skype and Teams products?

Yes, but I think Zoom has positioned itself to have more market share, if not the most. Just my opininion!

[chico2663]

i have actually had to use zoom. easy format

[Goat Milk]

I have 5 grand to spend guys

Please give me 1 stock and 1 stock only

Not looking to make 1k or 2k. Double or triple minimum or no point

[Shafted69]

Jerome better fire up his money printer for Monday morning to counter the chaos & looting news this weekend.

[pavyracer]

I have 5 grand to spend guys

Please give me 1 stock and 1 stock only

Not looking to make 1k or 2k. Double or triple minimum or no point

Maybe buy stock in companies that equip police cars and companies that manufacture tear gas. They are going to need to replace a lot of police cars and buy more tear gas after the riots are over.

[d2bets]

Well at least all these looted businesses that were closed now can file insurance claims.

[homie1975]

Yes, but I think Zoom has positioned itself to have more market share, if not the most. Just my opininion!

Probably. But zoom comp is mainly: Skype, webex and ms teams, but now for personal calls WhatsApp offering 4 ppl on a call at once which will attract users

[trobin31]

Everything in shambles this week. Looking to sell off profit we gained since April.

Bearish vibes...

TVIX: looks like a lotto ticket this week
SPXS: shorts S&P
SDOW: shorts Dow


Alpha pro tech APT: specializing in PPE apparel; I was just in old town Alexandria and everyone walking around in a block party like it’s St. Patrick’s day, second wave is coming!

[Drew Martin]

Do not fight the fed vs rampant unemployment and unrest.. Tough decisions ahead

[Drew Martin]

Well at least all these looted businesses that were closed now can file insurance claims.

Some business insurance has clauses that do not cover looting

[trobin31]

Do not fight the fed vs rampant unemployment and unrest.. Tough decisions ahead

Fed only propped up this economy like a ‘Weekend at Bernie’s’. May unemployment numbers this week. Jobs people had for decades are gone. IRA, 401ks, mutual funds will be liquidated with no penalty thanks to CARES Act. I smell blood.

[Goat Milk]

Maybe buy stock in companies that equip police cars and companies that manufacture tear gas. They are going to need to replace a lot of police cars and buy more tear gas after the riots are over.

That's very interesting.

[Drew Martin]

Fed only propped up this economy like a ‘Weekend at Bernie’s’. May unemployment numbers this week. Jobs people had for decades are gone. IRA, 401ks, mutual funds will be liquidated with no penalty thanks to CARES Act. I smell blood.

What do u mean by liquidated with no penalty? Cant you sell mutual funds at any point?

[navyblue81]

Anyone have stock in the Trade Desk TTD?) Was thinking of you investing some shares in it.

[trobin31]

What do u mean by liquidated with no penalty? Cant you sell mutual funds at any point?

2. Temporary Waiver of Early Withdrawal Penalty for a Coronavirus-Related Distribution from Retirement Accounts

The CARES Act provides qualified individuals affected by the coronavirus with access to retirement savings that typically would be inaccessible or subject to early withdrawal penalties. The new law waives the 10 percent early withdrawal tax penalty (that generally applies to early distributions for individuals under 59 ½ years old) from qualified retirement plans (e.g., 401(k) plans, 403(b) plans and traditional IRAs) for coronavirus-related distributions (CRDs) made between January 1, 2020, and December 31, 2020.

[Slurry Pumper]

2. Temporary Waiver of Early Withdrawal Penalty for a Coronavirus-Related Distribution from Retirement Accounts

The CARES Act provides qualified individuals affected by the coronavirus with access to retirement savings that typically would be inaccessible or subject to early withdrawal penalties. The new law waives the 10 percent early withdrawal tax penalty (that generally applies to early distributions for individuals under 59 ½ years old) from qualified retirement plans (e.g., 401(k) plans, 403(b) plans and traditional IRAs) for coronavirus-related distributions (CRDs) made between January 1, 2020, and December 31, 2020.

You will still have to pay any applicable tax, you only get out of the extra early withdraw penalty.