All things STOCKS

[05_never_again]

Absolutely some big rotations going on and not just wholesale selling. MSFT is surprisingly up almost 4% and AAPL is up. Energy names doing well.

I know that gold had that massive run last year that peaked in January, so it can be argued that it was pricing in everything that has occurred since, but how it has behaved since the peak is interesting to me. It can't even catch any short of a short-term bid after that very hot PPI print and Treasury yields at almost 20-year highs. It's also down about 14% since the Iran conflict began. It hasn't been able to rally further on what should be bullish news, which doesn't seem to portend higher prices.

 

[05_never_again]

Looks like indexes have at least moved off the morning lows for now. Fairly heavy in energy…wondering if we see demand destruction as this geopolitical event drags along.

Overseas, yes. I think it is a big reason why oil is around $100 and not $150.

 

[kiddiedoc]

I've been waiting for an "on sale" day with some free cash. What looks ripe?

 

[Thunder Good-Oil]

I've been waiting for an "on sale" day with some free cash. What looks ripe?

UBER
MSTR
RH
HD
UPS

RH and HD are good bets to take off if home construction ever gets moving again.

 

[05_never_again]

I've been waiting for an "on sale" day with some free cash. What looks ripe?

I don't know what your timeframe is (assuming this isn't stuff you're planning to hold onto forever for longer-term), but I'd look for stuff in established uptrends that gets beaten up but with the longer term trend still intact. We really aren't there yet if you want a true "on sale" day. The run since April has gotten so stretched that we could pull back almost 7% in the S&P and still be above the rising 50 DMA.

If you're bottom fishing, one stock that has been fairly constructive after a decline and looks like it is trying to put in some kind of longer-term bottom is MSFT. It's behaving very well today in a down market. IGV (software ETF) also looks interesting; on the daily chart it has put in a higher high and higher low on huge volume, which looks like classic accumulation.

The one from TGO's list that I think looks the best is MSTR. I think it might be time to start getting bullish on bitcoin again.

 

[kiddiedoc]

I don't know what your timeframe is (assuming this isn't stuff you're planning to hold onto forever for longer-term), but I'd look for stuff in established uptrends that gets beaten up but with the longer term trend still intact. We really aren't there yet if you want a true "on sale" day. The run since April has gotten so stretched that we could pull back almost 7% in the S&P and still be above the rising 50 DMA.

If you're bottom fishing, one stock that has been fairly constructive after a decline and looks like it is trying to put in some kind of longer-term bottom is MSFT. It's behaving very well today in a down market. IGV (software ETF) also looks interesting; on the daily chart it has put in a higher high and higher low on huge volume, which looks like classic accumulation.

The one from TGO's list that I think looks the best is MSTR. I think it might be time to start getting bullish on bitcoin again.

I have been buying more and more MSFT. I really can't imagine a scenario where it won't climb, maybe even quite a bit. Very undervalued for the last year or two.

I also have a sizeable position in MSTR. It is slowly recovering but could blast off if BTC goes on one of its traditional runs. As i understand it, MSTR grows (and drops) exponentially relative to BTC. It's a little too uncertain for me to feel comfortable investing much more there, for now.

I picked up a little DRAM, but I'll check that software ETF.

And I'm going to look at RH and HD.

Thanks, y'all.

 

[walkenvol]

I have been buying more and more MSFT. I really can't imagine a scenario where it won't climb, maybe even quite a bit. Very undervalued for the last year or two.

I also have a sizeable position in MSTR. It is slowly recovering but could blast off if BTC goes on one of its traditional runs. As i understand it, MSTR grows (and drops) exponentially relative to BTC. It's a little too uncertain for me to feel comfortable investing much more there, for now.

I picked up a little DRAM, but I'll check that software ETF.

And I'm going to look at RH and HD.

Thanks, y'all.

I’m buying more MSFT today.

HD down 14% over the past 2 years and I’ve owned it for 40 years. I think there’s many more attractive places for new money right now

 

[Vol423]

Damn, I'm depressed.
OTOH, what you mentioned is true.
And then I'm going on a cruise Saturday. Hantavirus. UGH. Hope it doesn't mutate and become another Covid(2020)

I really fail to grasp people's sudden fear of the Hantavirus. Don't go around sniffing rat turds, and you should be fine.

 

[Go aeiou]

I really fail to grasp people's sudden fear of the Hantavirus. Don't go around sniffing rat turds, and you should be fine.

My comment was tongue in cheek. I'm somewhat concerned about norovirus. It aint pretty. Just miserable.

 

[Jax_Vol]

Another vote for MSFT. I think it returns to $500 range

 

[walkenvol]

I really fail to grasp people's sudden fear of the Hantavirus. Don't go around sniffing rat turds, and you should be fine.

Hard to trust the narrative of it being a rat feces virus after the coronavirus fiasco. There’s been rats forever yet this virus just showed up? JMO

 

[Vol423]

Hard to trust the narrative of it being a rat feces virus after the coronavirus fiasco. There’s been rats forever yet this virus just showed up? JMO

No. Hantavirus outbreaks are not new, even in the US. I remember occasional outbreaks on the Navajo reservation in Arizona over the years. They just weren't blown out of proportion by the US press then.