Stocks to Watch Thread

[KI4MVP]

Also looking at the opposite side of the trade, a comparable open interest for Friday’s puts would be the 300 strike put with 11,890 open interest and a 3 cent bid.

one of those is me. I sold that put about 2 months ago for some free cash. what was the volume on that put today vs the call.

 

[Ob1]

Two Stocks I added in 2020 that I believe everybody should take a look at are:

1) NEE (Next Era Energy)
2) LIN (LINDE PLC)

One Fund:
1) PBD (INVESCO GLOBAL CLEAN ENERGY)


Do some research on them. They are all long term plays in the renewable energy market which I think could boom under a Dem controlled gov't.


Also, make sure to look into any of the Cathie Wood managed funds (ARK funds). All of them have made me a killing in 2020.

 

[BMAN]

Also, WSB are in a war with brokerage firms and its highly entertaining.

 

[Out of the Rafters at the Q]

Also, WSB are in a war with brokerage firms and its highly entertaining.

GAMESTOP TO THE MOON! FUCK SHITRON!

 

[The Wizard of Moz]

Hey, Moz...
Why do you hold a large position in SPY?
Don't you think you can do better than a broad index?
I don't want about 25% of the crap in the S&P500. (financials, oil & gas, some retail, travel & lodging, etc.

My large SPY allocation is confined entirely to retirement accounts

My individual brokerage accounts where I am more stock picker have outperformed, but idk man. Would I have been sucked into AOL in the tech bubble? I mean, people always look back with hindsight as "those people were obviously crazy!" but AOL had top line revenue growth that would make several current high growth darlings drool. Then proceeded (aided by some poor acquisitions) to lose 98.3% of their peak to trough market cap and never recover

Would I have been able to see the writing on the wall for several immensely profitable businesses that were about to be disrupted? I don't know. I think it's almost impossible to keep up with every industry and there are times where I go a month at a time without ample time to dedicate to researching (like now since I am responding a month+ later )

So I am way outperforming now at a time when Gamestop is a 10B company, people are researching "highest short interest stocks" for long ideas, and retail interest has never been higher. While I am disproportionately growth. I've really only ever invested in a bull market (started in 2015) so for me it is more of a, I've done well, but I know I am still a very inexperienced investor. So for my 40 year horizon stuff, I'll just take the market return

 

[The Wizard of Moz]

I'm pretty sure what WSB is doing is illegal. I saw several threads that "hypothetically" said if we all buy X shares on Y date, it will engineer a short squeeze and we all win

like uhhhhhhhh, that isn't allowed lol. You can't coordinate market buying or selling to dictate prices.

This whole market seems like a speculative mess right now. I am about 73% in, but I am kind of bracing for getting a huge blow to my net worth this year (don't care, my holdings are long term and I gave up on trying to time markets after my 90th unsuccessful attempt).

What is especially interesting to me is the stocks that were part of the dotcom bubble that have had extraordinary gains again. Idk. people constantly talk about PLUG and FCEL. I think they're garbage companies ripping off shareholders. Literally their entire, long history they have done only 1 thing consistently: take advantage of shareholders

People betting on them being a turnaround story to the point that PLUG is now a 33B company. I'll bet on them being the same company they have always been.

Narrative investing has been the money maker. But I've seen this before with weed stocks in 2018 and crypto in 2017. Buy at any price is usually not a good recipe.

 

[BMAN]

I may or may not have some stock in Blackberry and got it for $10.48. I may dump it soon.

 

[The Wizard of Moz]

I may or may not have some stock in Blackberry and got it for $10.48. I may dump it soon.

Congrats! Seems like a good candidate for a trailing stop order if you've ever used them

 

[BMAN]

Congrats! Seems like a good candidate for a trailing stop order if you've ever used them

I have not. I’m not too advanced in these sort of things. I basically got lucky, but I also didn’t put too much in because of that.

 

[Cavsfan1985]

I definitely think there is a bubble to a point. I think what is going to pop it is going to depend on what Biden and the Fed do. We have so much extra cash into the system right because of the Fed pumping money into the market. It has to go somewhere and a lot of it is in stocks. With interest rates so low and so much cash in the market it is over inflating a lot of companies right now.
We also have seen unprecedented amount of spending by the government to help the economy with Covid. If Biden is able to get another 2 Trillion to spend it will continue.

Until the Fed starts pulling money out of the market, or the government starts to increase taxes on business I could see the bubble just growing.

 

[The Wizard of Moz]

I have not. I’m not too advanced in these sort of things. I basically got lucky, but I also didn’t put too much in because of that.

basic premise behind a trailing stop is to let your runners run. The tradeoff is you will never sell the peak (doesn't seem like much of a trade off for me as I never have once timed a peak lol)

Here is how it works:

for a normal stop order: you can place an order that says "sell when it hits this price". So for you, that might be 15 or something. 50% gain.

So if the stock never goes back down to 15, you never sell. If it goes back to 15 intraday, your brokerage sells your shares for as close to 15 as they can get. The big risk here is a large premarket or after hours gap, but this is the premise.

A trailing stop adjusts that price you will sell for if the stock continues to go up. Easiest way to explain is an example

Let's say you put a 20% trailing stop on a 20 dollar stock.

Initially this means if the stock hits 16 dollars, you sell. But what if the stock rallies 100% up to 40? Then your stop loss is adjusted with it. It ratchets up to 32 (0.8 times 40). Now if it goes down to 35, your stop remains at 32. It will not change until it breaks above 40 again at which time it will ratchet up again

Something to consider for runners!

 

[The Wizard of Moz]

I definitely think there is a bubble to a point. I think what is going to pop it is going to depend on what Biden and the Fed do. We have so much extra cash into the system right because of the Fed pumping money into the market. It has to go somewhere and a lot of it is in stocks. With interest rates so low and so much cash in the market it is over inflating a lot of companies right now.
We also have seen unprecedented amount of spending by the government to help the economy with Covid. If Biden is able to get another 2 Trillion to spend it will continue.

Until the Fed starts pulling money out of the market, or the government starts to increase taxes on business I could see the bubble just growing.

People keep turning over rocks to look for inflation.

Look at capital markets, there's your inflation lol

 

[BMAN]

basic premise behind a trailing stop is to let your runners run. The tradeoff is you will never sell the peak (doesn't seem like much of a trade off for me as I never have once timed a peak lol)

Here is how it works:

for a normal stop order: you can place an order that says "sell when it hits this price". So for you, that might be 15 or something. 50% gain.

So if the stock never goes back down to 15, you never sell. If it goes back to 15 intraday, your brokerage sells your shares for as close to 15 as they can get. The big risk here is a large premarket or after hours gap, but this is the premise.

A trailing stop adjusts that price you will sell for if the stock continues to go up. Easiest way to explain is an example

Let's say you put a 20% trailing stop on a 20 dollar stock.

Initially this means if the stock hits 16 dollars, you sell. But what if the stock rallies 100% up to 40? Then your stop loss is adjusted with it. It ratchets up to 32 (0.8 times 40). Now if it goes down to 35, your stop remains at 32. It will not change until it breaks above 40 again at which time it will ratchet up again

Something to consider for runners!

Appreciate the info, I’ll probably end up using this.

 

[bigking777]

So I am way outperforming now at a time when Gamestop is a 10B company, people are researching "highest short interest stocks" for long ideas, and retail interest has never been higher.

This is an important line an everyone should be aware of this.
This is not investing. Perhaps you could call it speculation, but it looks like gambling to me. It's really looking like March 2000 to me. You can't get reliable option prices on some of these and can't borrow the stock to short it.

This is on my office wall...
"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria."
-Sir John Templeton

I think we are getting close to euphoria.

 

[The Wizard of Moz]

This is an important line an everyone should be aware of this.
This is not investing. Perhaps you could call it speculation, but it looks like gambling to me. It's really looking like March 2000 to me. You can't get reliable option prices on some of these and can't borrow the stock to short it.

This is on my office wall...
"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria."
-Sir John Templeton

I think we are getting close to euphoria.

Very good quote. I do want to clarify that I am not playing the GME action or anything like that. But a lot of the stocks I own to invest in, like ZM, Square, and Roku, are definitely benefitting from some very eager bids. I think I’m just in the cross fires and could see a lot of my paper green become paper red. Which honestly, I hope Zoom goes back to the 100’s. Whenever I have real long term conviction in a stock, I usually want it to go down in the short term lol