All things STOCKS

[05_never_again]

The Teamsters are responsible for losing 34,000 jobs. You can’t pay drivers $170,000 in pay and benefits.

AMZN had bad growth projections.

Everybody shocked at the AMZN layoffs, talking about it how it makes no sense because they're making a ton of money, etc., I don't think has any idea how many people they've hired since COVID.

 

[Vol423]

Well today was kind of a wet fart after getting hyped up on premarket.

Whatever, it's the start of earnings fest, we have potential macro catalysts RE China, and the government could open up any day now.

I doubt the government is opening any time soon, but I'm fine with that.

 

[05_never_again]

Well today was kind of a wet fart after getting hyped up on premarket.

Whatever, it's the start of earnings fest, we have potential macro catalysts RE China, and the government could open up any day now.

The market seems like it's doing just fine. The S&P is up a little over 3% since it shut down on 10/1.

 

[DinkinFlicka]

The market seems like it's doing just fine. The S&P is up a little over 3% since it shut down on 10/1.

Oh for the historically 2nd worst month of the year we're good.

This is just a cataclysmic next two weeks.

 

[Majors]

NVDA with another announcement with PLTR. Up big today, slightly under $200

 

[Vol423]

NVidia getting ready to take out $200/share and the $5 trillion market cap mark.

 

[kiddiedoc]

Oh for the historically 2nd worst month of the year we're good.

This is just a cataclysmic next two weeks.

I'm really tempted to cash a bunch of positions and wait for the correction. But dang it's hard to sell when everything just keeps going up.

 

[05_never_again]

NVidia getting ready to take out $200/share and the $5 trillion market cap mark.

Watch this be the jinx, but from a technical perspective it looks like it wants to run again. NVDA, in a kind of under the radar fashion, actually hadn't been participating in the broader market rally since August (which isn't a bad thing) and convincingly broke upward out of that consolidation the last couple of sessions. The attempted breakout that failed earlier this month likely shook some people out.

 

[DinkinFlicka]

I'm really tempted to cash a bunch of positions and wait for the correction. But dang it's hard to sell when everything just keeps going up.

We're in the same boat.

Just do some OTM CSPs and wait.

 

[DinkinFlicka]

NVidia getting ready to take out $200/share and the $5 trillion market cap mark.

I got my weekly premium farm up to a 185 CC strike.

I'm happy to roll it for weekly income but I'm torn between allow assignment soon or continuing rolling up.

I just look at short term technicals so if anyone feels a calling to intervene please do because I'm still just a noob swinging wang.

 

[DinkinFlicka]

UPS has cut 34,000 jobs since it has initiated its turn around, up big today (7.66%). AMZN laying off 14,000.

Wish I threw bucks at it back in q4 24.

 

[Vol737]

Wish I threw bucks at it back in q4 24.

I always have more stock ideas than my budget will allow me to purchase. I have been accumulating UPS the past few months. Counting on the turn around and the divy staying in tact.

 

[Vol737]

I'm really tempted to cash a bunch of positions and wait for the correction. But dang it's hard to sell when everything just keeps going up.

Same sentiment here. I have a number in mind where I'll sell half of my positions and get them into fixed income assets and get very boring with the other half. May have to do it sooner depending on how the markets behave.

 

[Thunder Good-Oil]

FOMC interest rate decision at 2pm today (Wednesday 10/29). JP’s press conference is at 2:30.

1/4 point cut is expected. 3.75-4.0 target.

 

[Thunder Good-Oil]

There’s one more meeting in 2025. December 9th/10th.

 

[DinkinFlicka]

I always have more stock ideas than my budget will allow me to purchase. I have been accumulating UPS the past few months. Counting on the turn around and the divy staying in tact.

And here I thought you was a dang billionaire.

 

[kiddiedoc]

Same sentiment here. I have a number in mind where I'll sell half of my positions and get them into fixed income assets and get very boring with the other half. May have to do it sooner depending on how the markets behave.

... but then the FOMO kicks in...

 

[Go aeiou]

I'm really tempted to cash a bunch of positions and wait for the correction. But dang it's hard to sell when everything just keeps going up.

Irrational exuberance. It's a hard thing to know when to fight it.

 

[walkenvol]

Irrational exuberance. It's a hard thing to know when to fight it.

Market timing is tempting but statistically rarely pays off. Maybe some folk’s gut instincts are just way superior than the average investor and can consistently pull out and jump back in at the optimal times?

 

[Vol737]

And here I thought you was a dang billionaire.

Soon?

 

[DinkinFlicka]

Soon?

If I manifest it, are you gonna break me off a piece?

 

[Vol737]

If I manifest it, are you gonna break me off a piece?

 

[05_never_again]

This is a fascinating chart:


Great site and podcast that this came from: Animal Spirits: Never Pay Off Your Mortgage - A Wealth of Common Sense

 

[Jax_Vol]

J-Pow = BOOOOOOOOOO!!!!!

 

[DinkinFlicka]

Anyone in here with exposure in uranium?

I've slowly added to my DNN position in the past year and it's treated me well. It's also poised to pop off in a big way pending Canadian federal approval to mine a massive deposit.