WELCOME TO RIVER DAVES PLACE

2021 Stock Market

boatnam2

Well-Known Member
Joined
Sep 20, 2007
Messages
11,733
Reaction score
4,590
Another $80 billion for aapl, maybe it will go up 2 bucks this quarter.
 
Last edited:

Yarder

Substantial Member
Joined
Dec 20, 2007
Messages
297
Reaction score
197
AAPL up $6 after hours now settled to + $3.xx up after hours.
 

BHC Vic

cobra performance boats
Joined
May 24, 2014
Messages
23,803
Reaction score
15,599
Rumors flying around about doge and Amazon. Could get interesting
 

HCP3

Well-Known Member
Joined
Sep 5, 2018
Messages
3,015
Reaction score
4,399
Not really a link. Money maker mentioned it in his video today and it’s always being talked about on the Reddit sub forum.

You think Musk is helping $DOGE with his Tweets only for Bezos to capitalize? Their rocket "feud" over the years tells me no way.
 

FishSniper

Well-Known Member
Joined
Apr 8, 2015
Messages
1,471
Reaction score
2,440
CTYX name change to CUBT tommorow should start a nice run from this level.
 

DILLIGAF

Well-Known Member
Joined
Jan 10, 2008
Messages
15,535
Reaction score
18,969
Should be a very good start to the day today. Hopefully it builds into a great end of day as well.

Good luck everybody
 

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,110
Reaction score
5,794
AAPL it is doing what it has lately, nothing!

Amazing Company.
The sticking points for APPL, depending on your strategy, is that it trades at 36 times earnings and the float is now at a monsterous 16.7 Billion shares. The 4 for 1 stock split took a ton of tail wind out of it.
I like the company, just not the shares.
 

Xring01

Well-Known Member
Joined
Feb 25, 2017
Messages
2,322
Reaction score
3,584
No shit. Great earnings and still nothing.

any more rumors about Apple car?

Well thats the problem with alot of stocks now... With the PE Ratios being so high....

If they dont blow away ER and have huge forward looking income generation, then they are flat, and can even drop if they say one negative word on the forecast...

Short term traders have a saying...
Buy on Rumors, sell before ER...
 

DILLIGAF

Well-Known Member
Joined
Jan 10, 2008
Messages
15,535
Reaction score
18,969
Nice start to the day.....again I ask....lets see how it builds or holds onto these early gains.
 

boatnam2

Well-Known Member
Joined
Sep 20, 2007
Messages
11,733
Reaction score
4,590
Amazing Company.
The sticking points for APPL, depending on your strategy, is that it trades at 36 times earnings and the float is now at a monsterous 16.7 Billion shares. The 4 for 1 stock split took a ton of tail wind out of it.
I like the company, just not the shares.
Exactly!
 

Xring01

Well-Known Member
Joined
Feb 25, 2017
Messages
2,322
Reaction score
3,584
Where would you recommend moving Apple money too?

Do you own any AMZN?
If not, then you might want to consider it...
My theory... is the new CEO will do a stock split... if they do, and the cost of AMZN stock drops, it could do what TSLA, AAPL and many others have done.

There last earnings... was huge, They could be ready for a pop... regardless, they will be a steadily rising in my opinion.

If AMZN doesnt interest you, then consider a nice REIT, that has a big dividend... I looked at IRM awhile back... Stock price is a bit volatile, but the dividend it very nice. I think 8% if my memory is correct.
 

bldrinker

Well-Known Member
Joined
Sep 28, 2011
Messages
4,817
Reaction score
8,080
Do you own any AMZN?
If not, then you might want to consider it...
My theory... is the new CEO will do a stock split... if they do, and the cost of AMZN stock drops, it could do what TSLA, AAPL and many others have done.

There last earnings... was huge, They could be ready for a pop... regardless, they will be a steadily rising in my opinion.

If AMZN doesnt interest you, then consider a nice REIT, that has a big dividend... I looked at IRM awhile back... Stock price is a bit volatile, but the dividend it very nice. I think 8% if my memory is correct.
I do not have any Amazon.
I like your think though.
 

HitIt

Well-Known Member
Joined
Apr 29, 2008
Messages
2,194
Reaction score
3,465
Regarding AMZN and other retailers, I realize they are on fire with all of the free money and COVID reopening but I wonder how the chip shortages, price increases, and inventory shortages (due to shipping issues and material shortages) are going to impact them over the next 6 months. Thoughts?
 

Xring01

Well-Known Member
Joined
Feb 25, 2017
Messages
2,322
Reaction score
3,584
Regarding AMZN and other retailers, I realize they are on fire with all of the free money and COVID reopening but I wonder how the chip shortages, price increases, and inventory shortages (due to shipping issues and material shortages) are going to impact them over the next 6 months. Thoughts?

Chip Shortage, I doubt that will impact AMZN very much. Maybe in there Data Storage business unit, but not much from retail sales. There growth rate, will absorb the Chip Shortage like its was nothing. Again, thats my opinion...

To me... The big factors that make AMZN stock go up...
Stock Split...
If they ever get into home delivery of prescription drugs... Not sure if its possible, but if they do... there revenue would go thru the roof... and the stock price would follow. If anyone can figure that out, AMZN can.... partner up with Walgreens, CVS, etc etc .... damn, thats alot of money.
 

LargeOrangeFont

We aren't happy until you aren't happy
Staff member
Joined
Sep 4, 2015
Messages
34,496
Reaction score
48,935
Chip Shortage, I doubt that will impact AMZN very much. Maybe in there Data Storage business unit, but not much from retail sales. There growth rate, will absorb the Chip Shortage like its was nothing. Again, thats my opinion...

To me... The big factors that make AMZN stock go up...
Stock Split...
If they ever get into home delivery of prescription drugs... Not sure if its possible, but if they do... there revenue would go thru the roof... and the stock price would follow. If anyone can figure that out, AMZN can.... partner up with Walgreens, CVS, etc etc .... damn, thats alot of money.

AWS is Amazon's primary profit center. It is 10% of its profit and 52% of its operating income.. and those AWS data centers are full of chips. If it hinders their ability to expand AWS, they won't absorb the chip storage like it was nothing.
 

BHC Vic

cobra performance boats
Joined
May 24, 2014
Messages
23,803
Reaction score
15,599
Mvis halted. Might get interesting. I’m still packed for the moon so that’s good 😂😂
 

DILLIGAF

Well-Known Member
Joined
Jan 10, 2008
Messages
15,535
Reaction score
18,969
WOW.....What the heck happened the last 30 minutes or so. I walked away doing a few things after being down all day and just chalked it up as a loss. When I came back in I had a pretty good green day at the close.

Anybody else notice that?
 

ChumpChange

Commercial Banker
Joined
Dec 19, 2007
Messages
8,264
Reaction score
6,919
WOW.....What the heck happened the last 30 minutes or so. I walked away doing a few things after being down all day and just chalked it up as a loss. When I came back in I had a pretty good green day at the close.

Anybody else notice that?

Yep. Decided to sell my position in ADMP for 0.90 and an hour later it was at $1.07.

Somehow I was in on COCP. Can't even recall why I bought it last year. Too bad I didn't sell it up 160% today.
 

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,110
Reaction score
5,794
Anybody catch that COINBASE selloff early this morning?
The RSI plummeted to 2.65 the first half hour after the market opened which set up a new all-time low for the stock at $275.61
In 24 years of trading I've never seen a RSI hit a level of 2.65. That dump was Bigly....daamn.

Staying with my target of $250.00
 

C08H18

Well-Known Member
Joined
Aug 1, 2018
Messages
581
Reaction score
711
Regarding AMZN and other retailers, I realize they are on fire with all of the free money and COVID reopening but I wonder how the chip shortages, price increases, and inventory shortages (due to shipping issues and material shortages) are going to impact them over the next 6 months. Thoughts?

INTC won't impact AMZN's chip supply (i worked for INTC for 32 yrs, and the big guys always got what they needed. I would assume the supply chain behaves the same). Too much riding on that business.

The Federal Reserve is aligned with Biden to keep interest low even though supply can't keep up with demand. The resulting price inflation will favor Amazon.

I think that the AWS business is hard to beat and the marketplace will be growing because they have their own distribution system. Trucking industry is short 1M driving - Amazon will benefit.

I'm holding a bunch of AMZN i bought at $800 and expecting another 15% run up by Christmas.
 

BHC Vic

cobra performance boats
Joined
May 24, 2014
Messages
23,803
Reaction score
15,599
Anybody catch that COINBASE selloff early this morning?
The RSI plummeted to 2.65 the first half hour after the market opened which set up a new all-time low for the stock at $275.61
In 24 years of trading I've never seen a RSI hit a level of 2.65. That dump was Bigly....daamn.

Staying with my target of $250.00
I was wondering were I saw that target. I was ready to buy this morning and thought about that number.
 

farmo83

Well-Known Member
Joined
Jun 9, 2008
Messages
1,846
Reaction score
1,455
Bought PTON on the bad news. In at 90 bucks, we'll see how it goes.

I like them in the long run as they bought Precor which I'm assuming is there in with Hotels, gym chains, etc.
 

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,110
Reaction score
5,794
If anyone is looking for a hedge or just wants to add a re-opening trade to your mix, check out the XLE.
Recently started to make a move with a lot of room to run.
Open up your technical charts with the 10 MDA and 15 minute frequency to look it over.
Not investment advice...just a JFYI for those looking for some potential steady growth.

Edit: Better trend views at 2Y and 5Y set at Daily frequency.
 
Last edited:

farmo83

Well-Known Member
Joined
Jun 9, 2008
Messages
1,846
Reaction score
1,455
Bought PTON on the bad news. In at 90 bucks, we'll see how it goes.

I like them in the long run as they bought Precor which I'm assuming is there in with Hotels, gym chains, etc.

Update: I left a limit in at 85 which triggered. Good on Peloton for a while.
 

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,110
Reaction score
5,794
Update: I left a limit in at 85 which triggered. Good on Peloton for a while.

It could bounce back today. I have no position, just on a watch list.
Buy Rating maintained 15 minutes ago...

Research Alert: CFRA Maintains Buy Opinion On Shares Of Peloton Interactive, Inc
12:00 PM EDT, 05/05/2021 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:


This morning, U.S. Consumer Product Safety Commission and PTON announced they have come to an agreement where PTON will immediately stop selling and distributing the Peloton Tread+ and Tread in the U.S. and fully refund consumers who wish to return their treadmills. While from a PR perspective we think the voluntary recall is a few weeks late, we don't see it materially impacting PTON's growth story. (A majority of PTON's hardware sales are Bike and we see multiple ways to enhance safety to Tread, like a bar under the machine.) PTON will report Q3 earnings tomorrow after the close, and we maintain Buy with a 12-month price target of $170, 8.8x our FY 22 (Jun.) sales estimate of $5.7B (lifted from $5.4B), above the 3-year average comp of peers, reasonable given significantly higher revenues, appealing unit economics model, improving operating leverage profile, and economic moat due to integration of hardware, software, and content. We keep our FY 21 EPS estimate at $0.46 and lift FY 22's to $0.95 from $0.74.
 

C08H18

Well-Known Member
Joined
Aug 1, 2018
Messages
581
Reaction score
711
If anyone is looking for a hedge or just wants to add a re-opening trade to your mix, check out the XLE.
Recently started to make a move with a lot of room to run.
Open up your technical charts with the 10 MDA and 15 minute frequency to look it over.
Not investment advice...just a JFYI for those looking for some potential steady growth.

Edit: Better trend views at 2Y and 5Y set at Daily frequency.
similar move by IXC today (3%) hoping it rebounds a little this year so i can break even.
 

MSum661

Well-Known Member
Joined
Sep 20, 2014
Messages
4,110
Reaction score
5,794
similar move by IXC today (3%) hoping it rebounds a little this year so i can break even.

You should be good at getting back to break even. Might even cash in the register with some gains. G.L.
 

GRADS

Banned
Joined
Dec 19, 2007
Messages
19,225
Reaction score
22,979
Here are my top 10 holdings in no order. Not saying they're right just throwing them out there.

AAPL, RBLX, CWH, POOL, BLMN, LUV, LEVI, NBEV, AMCR, CZR
 

badgas

Well-Known Member
Joined
Jul 30, 2020
Messages
671
Reaction score
1,154
I Don't see Apple being a bad buy/hold unless you are looking to be a trader or get quick gains. The only place I own apple is in my IRA that I can't touch for 7 years ( not that i'm counting ) so i'm not sweating it.

#getrichslowly
 

DILLIGAF

Well-Known Member
Joined
Jan 10, 2008
Messages
15,535
Reaction score
18,969
Finally checked my portfolio from today and was really surprised to see the gains I had. I was expecting a break even day and somehow scratched out another 1.5 months of retirement :). Its just a game I play to see how I am doing but its been very nice lately for me.

Now if I could get these 3 rolling I would be even happier: PRTS, VTRS and LAZR
 

GRADS

Banned
Joined
Dec 19, 2007
Messages
19,225
Reaction score
22,979
I Don't see Apple being a bad buy/hold unless you are looking to be a trader or get quick gains. The only place I own apple is in my IRA that I can't touch for 7 years ( not that i'm counting ) so i'm not sweating it.

#getrichslowly
Exactly. If you're trying to get rich overnight stay away from AAPL but if you've got a few years from when you retire you can't lose with it.
 

JRS1939

Well-Known Member
Joined
Sep 29, 2013
Messages
3,074
Reaction score
1,502
We'll see how true it is....
 

Attachments

  • Screenshot_20210506-073033_Gallery.jpg
    Screenshot_20210506-073033_Gallery.jpg
    249.6 KB · Views: 45

CobraDave

Well-Known Member
Joined
May 20, 2013
Messages
3,172
Reaction score
2,789
I’m getting hammered. I have AFRM at 40 percent loss. I believe in the company and I’m trying to hold but I’m considering just being done with it.


Sent from my iPhone using Tapatalk
 
Top