What stocks are you buying now? Part 18

Status
Not open for further replies.

WingsMJN2965

Registered User
Oct 13, 2017
18,106
17,699
I'm probably going to kick myself, as usual, but f*** it.

Bought 55 shares of PTON at $99. Not a long play for me, hopefully. Just cashing in on yesterday's $25 drop. (I hope)

Added PTON at 94

1FS3.gif
 

McGarnagle

Yes.
Aug 5, 2017
28,418
37,646
I have to check to see if I have enough cash to comfortably jump in here on the crash. I like to keep a certain amount in my checking account just in case, but I get paid thursday and deals like this don't come along often. Edit: Missed the PTON chance, so maybe NIO or SQ gets my next investment. Possibly TSLA if we go under $400.

What triggered the collapse anyway, was it increasing COVID numbers or the Georgia Senate run-offs? or both
 

BreadManPanarin

Registered User
Mar 15, 2017
4,599
4,237
I have to check to see if I have enough cash to comfortably jump in here on the crash. I like to keep a certain amount in my checking account just in case, but I get paid thursday and deals like this don't come along often. Edit: Missed the PTON chance, so maybe NIO or SQ gets my next investment. Possibly TSLA if we go under $400.

What triggered the collapse anyway, was it increasing COVID numbers or the Georgia Senate run-offs? or both

What collapse?
 

Oneiro

Registered User
Mar 28, 2013
9,438
11,002
It's a factor rotation. From growth to value/cyclicals.

With the vaccine results being so promising, big money is moving into beaten down stuff like cruise and airlines, restaurants, energy, etc. and closing out their massive growth winners. I think it will reverse because the earnings won't be there but COVID has created a set of conditions that move the upside trade towards re-opening plays.
 

Geoist

Registered User
May 1, 2015
4,053
2,411
Decide which stocks you are long on. Buy. Hold. Buy more when you have more money.

I still can’t help playing around a bit with trying to time things, but it probably helps more than it hurts TBH.

For example, bought KNR, BYDDF, LI, NIO and XPEV recently for some dumb reason, although I don’t truly understand and am not truly long on any of them. Ended up realizing my mistake and selling some higher, some lower, and the net effect is that I lost almost $1000. I should just listen to my own simple and smart advice and not screw around trying to buy things I don’t believe in long term for the sake of attempting to make short term gains. That isn’t investing - it is gambling.

Why wouldn't you see Nio as a longterm play? I dont see China allowing an American company like Tesla become the #1 EV seller in their country.
 

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
Patience. My job is going well. I'm grossing a salary of 55k CAD from it (my only source of income), but it is going so well and the future looks so bright, I am going to gross a ton down the road. **** it, I'm going to forward-look and take out a loan to make a downpayment I can't afford, and get this mortgage that I can't justify yet with my gross income.

Update: it's been FOUR WHOLE LONG MONTHS of long term patience, and my boss announced his quarterly private boss-employee meeting where he says how things are going. He said I am doing wonderful, and he even gave me a raise. All the way up to 80k gross!!! That is a massive pay raise, wow! I expected it to be good, but it beat my expectations.

Update: ****, I still can't quite afford my mortgage. Why isn't my mortgage super easy to pay off now that I got a huge raise, even beyond expectation??

Aka: it isn't always "weird" or "surprising" or worth asking "why?" When a stock doesn't rocket, or even has a dip or big drop immediately after or shortly after great earnings that beat expectation. In many cases analyzing short term stock price on stocks that are being driven by individuals viewing it as a long-term spec growth buy is a fool's errand.

Hey, that stock didn't move massively up this month, their earnings were sooo good.
The same stock that grew 4x more in stock price gain than it's (admittedly impressive) revenue gain over the same quarter or two period?
Yeah that one.
Why it didn't grow really higher? What's wrong with it?
Why did it spike +10% on x date without news?
 
Last edited:
  • Like
Reactions: yahhockey

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
Btw: when stocks like amazon make 4-6% moves in a day, I hope people can grasp how many dollars that is at play.
Retail investors have less than 0% to do with those moves.
 
  • Like
Reactions: Oneiro

CRAZY_FAN

Registered User
Aug 26, 2002
1,362
415
Quebec
Since I have a lot of time on my hands I decided to compile the annual return of a lump sum investment of 10k on January 1st on each of the FAANG stocks for the last 5 years (not including 2020 since the year is not over yet). So in short one would not try to time the market, one would simply put 10k in each of the FAANG stocks on January 1st for a total of 50k. Also this analysis does not take into account the compounding effect over many years since the data is only valid for one year. I like that approach in order to be able to gauge the actual return on a one year investment in any of the FAANG stocks from 2015 to 2019. Not sure if this can interest anyone, but I already did all the work so why not share it. Also shows that investing is not always easy.

FACEBOOK
[TBODY] [/TBODY]
20152016201720182019
Cost open$78.45Cost open$104.66Cost open$115.50Cost open$176.46Cost open$133.20
# of Shares127.47 # of Shares95.55 # of Shares86.58 # of Shares56.67 # of Shares75.08
Cost close$104.66Cost close$115.50Cost close$176.46Cost close$133.20Cost close$204.41
DateAmountDateAmountDateAmountDateAmountDateAmount
01-01-2015$10,000.0001-01-2016$10,000.0001-01-2017$10,000.0001-01-2018$10,000.0001-01-2019$10,000.00
31-12-2015$13,340.9830-12-2016$11,035.7329-12-2017$15,277.9228-12-2018$7,548.4530-12-2018$15,346.10
Gains/loss$3,340.98Gains/loss$1,035.73Gains/loss$5,277.92Gains/loss-$2,451.55Gains/loss$5,346.10
Annual return33.41%Annual return10.36%Annual return52.78%Annual return-24.52%Annual return53.46%
[TBODY] [/TBODY]
APPLE
[TBODY] [/TBODY]
20152016201720182019
Cost open$24.94Cost open$24.89Cost open$27.47Cost open$40.78Cost open$38.21
# of Shares400.97 # of Shares401.77 # of Shares364.03 # of Shares245.22 # of Shares261.71
Cost close$24.89Cost close$27.47Cost close$40.78Cost close$38.21Cost close$72.38
DateAmountDateAmountDateAmountDateAmountDateAmount
01-01-2015$10,000.0001-01-2016$10,000.0001-01-2017$10,000.0001-01-2018$10,000.0001-01-2019$10,000.00
31-12-2015$9,980.1530-12-2016$11,036.5629-12-2017$14,845.2928-12-2018$9,369.7930-12-2018$18,942.69
Gains/loss-$19.85Gains/loss$1,036.56Gains/loss$4,845.29Gains/loss-$630.21Gains/loss$8,942.69
Annual return-0.20%Annual return10.37%Annual return48.45%Annual return-6.30%Annual return89.43%
[TBODY] [/TBODY]
AMAZON
[TBODY] [/TBODY]
20152016201720182019
Cost open$308.52Cost open$693.97Cost open$749.87Cost open$1,169.47Cost open$1,478.02
# of Shares32.41 # of Shares14.41 # of Shares13.34 # of Shares8.55 # of Shares6.77
Cost close$693.97Cost close$749.87Cost close$1,169.47Cost close$1,478.02Cost close$1,846.89
DateAmountDateAmountDateAmountDateAmountDateAmount
01-01-2015$10,000.0001-01-2016$10,000.0001-01-2017$10,000.0001-01-2018$10,000.0001-01-2019$10,000.00
31-12-2015$22,493.5230-12-2016$10,805.5129-12-2017$15,595.6428-12-2018$12,638.3730-12-2018$12,495.70
Gains/loss$12,493.52Gains/loss$805.51Gains/loss$5,595.64Gains/loss$2,638.37Gains/loss$2,495.70
Annual return124.94%Annual return8.06%Annual return55.96%Annual return26.38%Annual return24.96%
[TBODY] [/TBODY]
NETFLIX
[TBODY] [/TBODY]
20152016201720182019
Cost open$49.85Cost open$114.38Cost open$125.33Cost open$192.71Cost open$267.66
# of Shares200.60 # of Shares87.43 # of Shares79.79 # of Shares51.89 # of Shares37.36
Cost close$114.38Cost close$125.33Cost close$192.71Cost close$267.66Cost close$323.31
DateAmountDateAmountDateAmountDateAmountDateAmount
01-01-2015$10,000.0001-01-2016$10,000.0001-01-2017$10,000.0001-01-2018$10,000.0001-01-2019$10,000.00
31-12-2015$22,944.8330-12-2016$10,957.3429-12-2017$15,376.2128-12-2018$13,889.2630-12-2018$12,079.13
Gains/loss$12,944.83Gains/loss$957.34Gains/loss$5,376.21Gains/loss$3,889.26Gains/loss$2,079.13
Annual return129.45%Annual return9.57%Annual return53.76%Annual return38.89%Annual return20.79%
[TBODY] [/TBODY]
GOOGLE
[TBODY] [/TBODY]
20152016201720182019
Cost open$529.55Cost open$778.01Cost open$792.45Cost open$1,053.40Cost open$1,044.96
# of Shares18.88 # of Shares12.85 # of Shares12.62 # of Shares9.49 # of Shares9.57
Cost close$778.01Cost close$792.45Cost close$1,053.40Cost close$1,044.96Cost close$1,339.39
DateAmountDateAmountDateAmountDateAmountDateAmount
01-01-2015$10,000.0001-01-2016$10,000.0001-01-2017$10,000.0001-01-2018$10,000.0001-01-2019$10,000.00
31-12-2015$14,691.9130-12-2016$10,185.6029-12-2017$13,292.9528-12-2018$9,919.8830-12-2018$12,817.62
Gains/loss$4,691.91Gains/loss$185.60Gains/loss$3,292.95Gains/loss-$80.12Gains/loss$2,817.62
Annual return46.92%Annual return1.86%Annual return32.93%Annual return-0.80%Annual return28.18%
[TBODY] [/TBODY]
 
Last edited:

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
define this less than 0% you speak of

Retail traders on average get burned more and lose more of their money, so in a non-scientific sense, when we are talking tens of billions of dollars of movement in 1 day, the amount of those dollars that have arisen from big money ciphoning losses from retail investors overweighs the contribution from retail traders in moving the price. Therefore, if you factor in the loss factor, retail investors contribute a relative minus %, so big money contributes slightly above 100.

Okay lol, I think your question is playful, so is my answer.
 
  • Like
Reactions: Chiarelli

BreadManPanarin

Registered User
Mar 15, 2017
4,599
4,237
Why wouldn't you see Nio as a longterm play? I dont see China allowing an American company like Tesla become the #1 EV seller in their country.

Because I can’t come up with production numbers, margins, software sales, other sources of profit, etc. that adds up to them being worth significantly more any time soon. “China won’t let Tesla win” is not a viable bull case for NIO. Hell, Tesla is the only manufacturer that the Chinese government has allowed to build a fully foreign-owned factory in China. They are clearly big fans of Tesla and want them to succeed. Now, when someone shows me the bull case that has detailed analysis of how they justify their current price and higher, I will quickly become a believer. I absolutely see them as a very viable long term company. It is the stock that I don’t see having huge upside at this point.

To put it simply, I think that TSLA stock has maybe the next 5 years of fantastic execution in auto production already priced in, but they also have many avenues where they could quickly increase their value besides just making more cars (Stationary storage, solar panels, insurance, full self driving, software monetization, licensing their tech to other OEMs, and even robo taxis (golden goose scenario). NIO on the other hand has the next maybe 5+ years of flawless execution in auto production priced in, and I can’t identify many avenues where they could quickly increase their value besides just making more cars. Does that make sense?
 
Last edited:
  • Like
Reactions: TheTechNoir

yahhockey

Registered User
Jan 23, 2013
3,323
1,056
I caved, you win. Bought 109 ARKK. Time for a little more risk and hopefully a little more reward over the long haul.

The TSX portion of my portfolio has more than made up for the USD portion the past two days. Not a trend I would expect to continue for days on end but anytime a stock is green I will happily take it.
 

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
So I was a moron and sold SQ yesterday @ $193, and MMED @ $1.23 (CAD). I would normally never do that, but I had nothing else to sell and wanted to increase my cash position. Today I was dumb and blindly lucky to re-initiate SQ @ $170 even, and MMED @ $1.04(CAD). But I did split that re-buying up, my SQ & MMED positions shrunk, while my cash position slightly increased, and I did do a bit more adding of CHGG, DBX, and MSFT.
 

dortt

Registered User
Sep 21, 2018
5,297
2,656
Houston, TX
major rotation going into value stocks since the vaccine was announced.

NASDAQ has been down, while companies like AT&T are seeing their prices rise
 

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
I caved, you win. Bought 109 ARKK. Time for a little more risk and hopefully a little more reward over the long haul.

The TSX portion of my portfolio has more than made up for the USD portion the past two days. Not a trend I would expect to continue for days on end but anytime a stock is green I will happily take it.

Nothing wrong with being diversified.

I invested in companies like BBBY, FL, and CAKE and focused on them. BBBY especially, but sold out of after more than doubling. FL I plan to hold for at least a few years, and added a lot of. In the last couple months, FL has been one of my better gainers, around 40%. On so called 'red day' in the market where a lot of popular stocks were down a lot, FL would be a tiny bit down or a tiny bit up, it wouldn't make big moves. Occasionally it would make big moves up, regardless of popular stocks, even if they tanked. Over time, it has gained a ridiculous amount for a short-term if you are comparing to normal market conditions. And the risk level was low, imo. So if I don't see an issue with a trend where your popular growth stocks lag for a bit but are propped up by other stocks. I know you're talking about TSX vs USD, and I am talking about a few particular companies vs popular tech stocks, but my point is there is nothing wrong with being invested in a variety of companies and where some are doing poorly, some of yours are doing well or great. Or barely/slowly drop, and then over time continue to grow. Where volatility is small compared to some of the insane volatility of some popular stocks, and are still performing very well. Look @ WYNN being under being less than $70 for a while. With that market cap? With those assets, that real estate value? The state of Macau? What is likely coming, or is likely to be projected to be coming? That's a ****ing steal. And you might have a week where your this and that stock is dropping but your BBBY & WYNN are soaring. Nothing wrong with that. Also nothing wrong with going all in on one sector or market and waiting out the drops for the brighter days. But nothing wrong with those drops being off-set by your side-bets out-performing for days in a row, either.
 

TheTechNoir

fall 2021 bull, probably
Feb 18, 2013
4,647
1,781
major rotation going into value stocks since the vaccine was announced.

NASDAQ has been down, while companies like AT&T are seeing their prices rise

Vaccine aside, rotation is inevitable. I know history only plays a certain role. But never in history has an index outperform not had some catch-up follow. If we see the nasdaq outperform the S&P 500 and Dow for 10 straight years by a margin of like 25-50+% for example, I will be a believer. But that doesn't happen over 10-year spans, so to see it happen over a 1, 2, 3 year span means rotation is in the wings.
 
Status
Not open for further replies.

Ad

Upcoming events

Ad

Ad

-->