The Official Stock Market Thread - Page 213

finfangfan · 08-20-2024, 08:22 AM

It is a crazy one for sure. I’m at all time highs two weeks after it appeared the sky was falling.

90sbasketballin · 08-20-2024, 01:09 PM

Disclosure: Not well-versed in the stock market, but from my general understanding, it's been a wild few weeks.

Q for the BO Investors: The Yen has surged significantly against the US dollar in just a few weeks. It seems like Japan's economy has rebounded strongly on consumption boosts, backing the case for more rate hikes. Is the carry trade still a significant market risk?

KhalDrogo · 08-22-2024, 07:09 AM

Quote:

Originally Posted by 90sbasketballin

Disclosure: Not well-versed in the stock market, but from my general understanding, it's been a wild few weeks.

Q for the BO Investors: The Yen has surged significantly against the US dollar in just a few weeks. It seems like Japan's economy has rebounded strongly on consumption boosts, backing the case for more rate hikes. Is the carry trade still a significant market risk?

BOJ caved quickly on rate hikes. I would not worry about that risk any time soon.

S&P is now within 1% of the ATH. Could come before the weekend.

finfangfan · 08-22-2024, 07:22 AM

I trimmed a bit yesterday. Not really anything on my watch list that is screaming buy at the moment. Anyone got a stock they are adding currently?

NYBBFAN · 08-22-2024, 10:23 AM

Buying more 10/22 zero coupon T-bills today. No good deals anywhere right now. My boomer-folio consists of:

10/22 T-bills
VZ
CMG (small position)
KDP (small position)
WMT (small position)
SGOV
AGM preferred shares
Vanguard Stable Value (small position, limited 401k options)
AMZN
Most importantly, cash.

Braswell10 · 08-22-2024, 10:45 AM

Yeah I went majority cash besides some stocks I am holding like INTC.

Waiting for another pull back to get back into most positions. Was a nice little run up this past week.

NYBBFAN · 08-22-2024, 10:55 AM

INTC is certainly cheap. I sold some $20 puts and made some money there, but I am hesitant to dive in and own it right now.

finfangfan · 08-26-2024, 02:49 PM

What’s everyone predicting NVDA will do on Weds after earnings?

carlo16 · 08-26-2024, 04:55 PM

Quote:

Originally Posted by NYBBFAN

INTC is certainly cheap. I sold some $20 puts and made some money there, but I am hesitant to dive in and own it right now.

Possibly the worst run company on earth. And that includes lemonade stands.

KhalDrogo · 08-26-2024, 04:58 PM

Quote:

Originally Posted by finfangfan

What’s everyone predicting NVDA will do on Weds after earnings?

Options market is pricing in an 11% move. I’ve trimmed a little the last week.

patchgenie · 08-27-2024, 03:38 PM

sezzle was doing pretty well. just saw the logo will be on the T'wolves next season.

was looking at FLIC, LFGP, BIRD

KhalDrogo · 09-03-2024, 10:58 AM

Added NVDA at 110 and 112.

finfangfan · 09-03-2024, 10:11 PM

NVDA lost something like $250 billion in market cap today. That’s a staggering number!

KhalDrogo · 09-04-2024, 08:51 AM

Quote:

Originally Posted by finfangfan

NVDA lost something like $250 billion in market cap today. That’s a staggering number!

Working on a nice red dog reversal now. See if it holds.

finfangfan · 09-04-2024, 07:31 PM

I will probably throw a little bit at AI at open tomorrow on the dip.

NYBBFAN · 09-04-2024, 08:35 PM

The yield curve un-inversion is lurking.

finfangfan · 09-05-2024, 09:38 AM

I dumped my TSLA position and added to my NVDA position in my Roth with a chunk of the proceeds.

eastbayak · 09-05-2024, 11:34 AM

Added NVDA in the $106s.

patchgenie · 09-05-2024, 06:18 PM

I picked up some PBHC. I'm debating selling TVST and BGNE to put it into GBFH.

hoping one of these bank stocks get bought out

, so I don't have to sell.

I have PVBC, PBHC, BLFY, ASRV, BAFN

NYBBFAN · 09-05-2024, 06:28 PM

Quote:

Originally Posted by patchgenie

I picked up some PBHC. I'm debating selling TVST and BGNE to put it into GBFH.

hoping one of these bank stocks get bought out

, so I don't have to sell.

I have PVBC, PBHC, BLFY, ASRV, BAFN

Why are you so hot on regional banks?

xbignick · 09-06-2024, 11:21 AM

Sold all my TGT and bought OXY today.

finfangfan · 09-09-2024, 01:16 PM

I trim some of my PLTR this morning after its big jump and bought some TSLA.

U is bouncing between $16-17 every couple of days lately. Not sure what is going on there.

finfangfan · 09-10-2024, 10:48 AM

I added some SOFI this morning.

NYBBFAN · 09-10-2024, 01:22 PM

Quote:

Originally Posted by finfangfan

I added some SOFI this morning.

Increasing charge-off rates don't scare you?

finfangfan · 09-11-2024, 11:08 AM

NVDA having a strong day today.

As far as SOFI, I think it will eventually take off. I’ve been adding on the dips when there is nothing else on my watchlist that stands out to me.

08-22-2024, 10:23 AM	#5305
NYBBFAN Member Join Date: Apr 2019 Posts: 4,687	Buying more 10/22 zero coupon T-bills today. No good deals anywhere right now. My boomer-folio consists of: 10/22 T-bills VZ CMG (small position) KDP (small position) WMT (small position) SGOV AGM preferred shares Vanguard Stable Value (small position, limited 401k options) AMZN Most importantly, cash. __________________ https://gallery.us175.com/ https://inv.us175.com/wantlist

08-22-2024, 10:55 AM	#5307
NYBBFAN Member Join Date: Apr 2019 Posts: 4,687	INTC is certainly cheap. I sold some $20 puts and made some money there, but I am hesitant to dive in and own it right now. __________________ https://gallery.us175.com/ https://inv.us175.com/wantlist

09-03-2024, 10:58 AM	#5312
KhalDrogo Member Join Date: Aug 2017 Posts: 41,076	Added NVDA at 110 and 112. __________________ I love PSA!

09-04-2024, 08:35 PM	#5316
NYBBFAN Member Join Date: Apr 2019 Posts: 4,687	The yield curve un-inversion is lurking. __________________ https://gallery.us175.com/ https://inv.us175.com/wantlist

09-05-2024, 06:18 PM	#5319
patchgenie Member Join Date: Aug 2009 Posts: 6,639 americansportscards	I picked up some PBHC. I'm debating selling TVST and BGNE to put it into GBFH. hoping one of these bank stocks get bought out, so I don't have to sell. I have PVBC, PBHC, BLFY, ASRV, BAFN

08-20-2024, 08:22 AM	#5301
finfangfan Member Join Date: Oct 2013 Posts: 10,602	It is a crazy one for sure. I’m at all time highs two weeks after it appeared the sky was falling.

08-20-2024, 01:09 PM	#5302
90sbasketballin Member Join Date: Sep 2015 Location: New York Posts: 2,053	Disclosure: Not well-versed in the stock market, but from my general understanding, it's been a wild few weeks. Q for the BO Investors: The Yen has surged significantly against the US dollar in just a few weeks. It seems like Japan's economy has rebounded strongly on consumption boosts, backing the case for more rate hikes. Is the carry trade still a significant market risk?

08-22-2024, 07:22 AM	#5304
finfangfan Member Join Date: Oct 2013 Posts: 10,602	I trimmed a bit yesterday. Not really anything on my watch list that is screaming buy at the moment. Anyone got a stock they are adding currently?

08-22-2024, 10:45 AM	#5306
Braswell10 Member Join Date: Sep 2013 Location: Florida Posts: 9,471 o7star	Yeah I went majority cash besides some stocks I am holding like INTC. Waiting for another pull back to get back into most positions. Was a nice little run up this past week.

08-26-2024, 02:49 PM	#5308
finfangfan Member Join Date: Oct 2013 Posts: 10,602	What’s everyone predicting NVDA will do on Weds after earnings?

08-27-2024, 03:38 PM	#5311
patchgenie Member Join Date: Aug 2009 Posts: 6,639 americansportscards	sezzle was doing pretty well. just saw the logo will be on the T'wolves next season. was looking at FLIC, LFGP, BIRD

09-03-2024, 10:11 PM	#5313
finfangfan Member Join Date: Oct 2013 Posts: 10,602	NVDA lost something like $250 billion in market cap today. That’s a staggering number!

09-04-2024, 07:31 PM	#5315
finfangfan Member Join Date: Oct 2013 Posts: 10,602	I will probably throw a little bit at AI at open tomorrow on the dip.

09-05-2024, 09:38 AM	#5317
finfangfan Member Join Date: Oct 2013 Posts: 10,602	I dumped my TSLA position and added to my NVDA position in my Roth with a chunk of the proceeds.

09-05-2024, 11:34 AM	#5318
eastbayak Member Join Date: Mar 2014 Posts: 15,394 eastbayak	Added NVDA in the $106s.

09-06-2024, 11:21 AM	#5321
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,304 xxbignick	Sold all my TGT and bought OXY today. __________________ @xxbignick on twitter

09-09-2024, 01:16 PM	#5322
finfangfan Member Join Date: Oct 2013 Posts: 10,602	I trim some of my PLTR this morning after its big jump and bought some TSLA. U is bouncing between $16-17 every couple of days lately. Not sure what is going on there.

09-10-2024, 10:48 AM	#5323
finfangfan Member Join Date: Oct 2013 Posts: 10,602	I added some SOFI this morning.

09-11-2024, 11:08 AM	#5325
finfangfan Member Join Date: Oct 2013 Posts: 10,602	NVDA having a strong day today. As far as SOFI, I think it will eventually take off. I’ve been adding on the dips when there is nothing else on my watchlist that stands out to me.