All things STOCKS

[Jax_Vol]

What is the world did Microsoft report? Whatever it was, yay them!

Been a long time since I've seen them pop like this.

Sell or hold? Sell or hold?

 

[mrorange211]

Jobless claims coming in hot, indicative of a Fed Cut happening.

 

[mrorange211]

What is the world did Microsoft report? Whatever it was, yay them!

Been a long time since I've seen them pop like this.

Sell or hold? Sell or hold?

Azure income up big on AI. Rebounded from 2 quarters ago. They are continuing big bets in AI. Both Meta and MSFT reported all hands on deck moving forward in terms of AI aka it's not going away.

 

[mrorange211]

The PLTR calls are soaring. I’m watching the 5/9 135s. Shares are up to almost $121 in the pre-open. $3.3/$3.4 for the call options. $14 appreciation (11.5% in 6 days) plus the $3.3 (14.3%).

I might go for 140s instead ($2.40). $2,140 per option plus any gains at the open. But I don’t like selling calls.

Crazy. Surely the shares won’t blow through $135 or $140 in a week when they’re already trading at the ATH.

"One in the hand"....but this stock is anything but conventional. it could keep going.

 

[Thunder Good-Oil]

"One in the hand"....but this stock is anything but conventional. it could keep going.

That 600x (200x forward) multiple scares me.

I might sell covered calls on half of my long position. Over 17% locked (if it hits $140) in for a 6 day wait. Hogs get slaughtered. But dam. $150? $200?

 

[mrorange211]

That 600x (200x forward) multiple scares me.

I might sell covered calls on half of my long position. Over 17% locked (if it hits $140) in for a 6 day wait. Hogs get slaughtered. But dam. $150? $200?

Stocks like PLTR have runaway potential. Whether we've already seen that is the question. I go back and forth about it which is why I don't trade it. I get why others do though. There is money to be made on the volatility.

 

[BigOrangeMojo]

That 600x (200x forward) multiple scares me.

I might sell covered calls on half of my long position. Over 17% locked (if it hits $140) in for a 6 day wait. Hogs get slaughtered. But dam. $150? $200?

The current administration is going to rapidly increase defense spending which is a huge positive for PLTR.

Thiel and Trump’s rocky relationship gives me a little bit of concern whether PLTR will get an outsized portion of that spending increase...

 

[Jax_Vol]

Stocks like PLTR have runaway potential. Whether we've already seen that is the question. I go back and forth about it which is why I don't trade it. I get why others do though. There is money to be made on the volatility.

They have a fantastic jockey w/Peter

 

[mrorange211]

If AAPL and AMZN are good, we are gonna blow past 5700.

 

[bpalmer28]

Any of you guys trade using market profiles and order flow?

 

[Jax_Vol]

Any of you guys trade using market profiles and order flow?

Not here

 

[mrorange211]

I think imma sell at close and sit out next week.

 

[mrorange211]

If AAPL starts to pair back losses today (china deal), the market will be majorly green.

 

[Jax_Vol]

I think imma sell at close and sit out next week.

Yeah...I can see that line of thought.

Buffett talking tomorrow and can't help but be giddy.

 

[mrorange211]

Berkshire mtg. They did not buy the dip but raised more cash. They now have 368 billion in cash.

 

[Go aeiou]

Berkshire mtg. They did not buy the dip but raised more cash. They now have 368 billion in cash.

Either thinks the mkt is overvalued or has his eye on a company to buy.
Maybe a possible recession?

 

[mrorange211]

.

 

[Thunder Good-Oil]

WB said that they need to be positioned to be ready to use the cash when an opportunity arises. Even if it’s 5 years out.

WB said that he should (plans to) hand over the CEO roles to Greg Abel at year-end.

I thought it was interesting that they use Japan as their source when they need to borrow.

Also interesting that he acknowledged Tim Cook for creating so much value to BRK through their ownership of AAPL shares.

Buffett is showing his age. Repeating a lot of things and forgetting simple stuff. Abel had to remind him to show the financials as WB was trying to end the early session. I hope that he’s already delegated all of his decision making. He’s still good at telling stories from the past, but he doesn’t need to be making significant decisions going forward.

 

[Jax_Vol]

Berkshire mtg. They did not buy the dip but raised more cash. They now have 368 billion in cash.

I can see a case for holding cash until late October.

Or have also read that Warren can no longer pull the trigger in his mid-90's.

Which is it?

 

[mrorange211]

I can see a case for holding cash until late October.

Or have also read that Warren can no longer pull the trigger in his mid-90's.

Which is it?

I tend to think we will see 5000 SP again.

 

[Firebirdparts]

He hasn't beaten the S&P500 for 20 years. The way they like to do things just isn't really interesting anymore. Lot harder to find a bargain and it's getting harder to get people to do things you think they should do.

 

[BigOrangeMojo]

He hasn't beaten the S&P500 for 20 years. The way they like to do things just isn't really interesting anymore. Lot harder to find a bargain and it's getting harder to get people to do things you think they should do.

Are you sure?

 

[Jax_Vol]

Are you sure?

View attachment 739852

That is an interesting chart.

I see the spike where he hit a home run with Apple.

Appears that he somehow lost more at the start of pandemic than the broad market.

But Warren/Charlie played the game very well for long after most people retire.

 

[Firebirdparts]

Are you sure?

Yes, but I don't know that I could explain any of it so that you'd understand it.

any time you look at investment histories of any kind, you have to look at log charts so that you can actually see what is going on. somehow you didn't know that, and I figure you aren't looking to learn anything good from somebody like me.

 

[Jax_Vol]

Yes, but I don't know that I could explain any of it so that you'd understand it.

Snarky...

Yeah, my gut tells me there is something wrong with the message that chart is showing.

Somewhat related topic...

Back in the winter, I tried to read an old book about Sir John Templeton's stock strategy. Value buying of beatdown large companies.

Wait for a Sears or K-Mart to stumble and then snap them up.

Not really seeing it anymore. Guess we could say it is a good time to load boat with NVDA or some such..?