Jysin
Ahn'Qiraj Raider
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Blazin
Creative Title
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Lots of false cramer stories out there wonder if he actually said that, going into earnings he said it was going lower
Sanrith Descartes
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Sanrith Descartes
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TJT
Mr. Poopybutthole
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fris
Vyemm Raider
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He might be right this time. Hearing that sales in China are taking off.
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I have some concern for all the companies that are buying nvidia AI chips. It has not been determined that this investment will recoup.Hey did you all load up like I told you? 10% jump in share price
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You too can be a financial genius likeSanrith Descartes and me, its very easy.
Here's the handy dandy guide for that
1. Wait until there is a bull market
2. Pick an industry leader like UNH or MSFT
3. Predict that it will eventually go up (real risky bet in a bull market)
4. But also hedge your prediction that it might go down in "near term"
5. Always talk about long term to make risk meaningless because over a long enough time frame, almost everything goes up in some way
6. You'll pretty much be right almost every time. Come here and act like some boomer Warren Buffett.
Want to see me do it again?
I recommend buying META. In a couple months, days, or hours I foresee it going up.
Whatever current price it is at, is a good entry point. It might go down after you buy it but here's why that's a GOOD THING (TM), something something PE.
I think you should all load up.
Nvidia seems the better long term play, until there is some competition.
Borzak
Bronze Baron of the Realm
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Didn't the contra Cramer ETF fold up because I thought they released he was constantly flip flopping one day he was buy the next sell and then back to buy and they didn't know what to do.
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Sanrith Descartes
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CRM getting ass-ravaged on weak revenue and lowered guidance. -18% after hours.
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Rangoth
Blackwing Lair Raider
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I was following this PATH thing a bit(i own about 500 shares). They actually did well on earnings post, but I guess they fired(resigned) the current CEO and removed him from the board…..don’t quote me, just what I read. The first dump of 600k+ shares was at 1600:02. Literally 2 seconds after market close then it just kept dropping like a rock.
did the ex-CEO do a share dump after hours? Is that allowed?
anyway I was up like 8% and selling aggressive(ish) covered calls half expecting to be exercised and happy to take my profit, now I need to decide if I bag hold for a while or take the L /sadpanda. I’ll review the charts and support tomorrow I guess.
did the ex-CEO do a share dump after hours? Is that allowed?
anyway I was up like 8% and selling aggressive(ish) covered calls half expecting to be exercised and happy to take my profit, now I need to decide if I bag hold for a while or take the L /sadpanda. I’ll review the charts and support tomorrow I guess.
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Borzak
Bronze Baron of the Realm
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Conoco Phillips (COP) is buying Marathon oil (MRO) after bidding against another company for a while. Noticed only because there's a Marathon oil refinery right down the road from where I work at times. Hopefully new ownership brings updates and upgrades it's pretty trashy. Their refinery in Garyville, LA is one of the largest in the country last stats I saw which has been a while.
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Asshat Foler
2024 FoH Asshat
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Looking for some insight from others. As you know I started doing my own investing in nov 2023. Previously I’ve had an advisor to my investing for the past decade. Don’t want to get into that, I’m keeping him around for other benefits but not funneling any new money into that account.
My personal brokerage account is primarily made up of FXAIX, QQM and FSMAX. FSMAX makes up about 10% of that, QQQM about 20% and FXAIX 70%.
I really pulled back DCAing into FSMAX a few months ago because I watch the % return compared to FXAIX and it sucks. I think only at one point was it ever briefly above FXAIX. At best it’s lagging 2-3% behind, at the moment it’s lagging 5% behind FXAIX total return.
For context my advisor managed account total investment is maybe 12-14x total what my personal brokerage account is and is heavily diversified. As I’ve discussed in the past maybe too much into international, emerging markets. It seems to capture mid/small cap growth/value/blend stocks (looking at their internal asset allocation tool).
My question is, is there any point in me trying to capture total market via FSMAX in my personal brokerage when I already have another account that’s 12x the value and captures it? I’m almost thinking I should just do FXAIX and QQQM exclusively to offset how much I’m in international and already in mids/smalls in my advisor managed account.
My personal brokerage account is primarily made up of FXAIX, QQM and FSMAX. FSMAX makes up about 10% of that, QQQM about 20% and FXAIX 70%.
I really pulled back DCAing into FSMAX a few months ago because I watch the % return compared to FXAIX and it sucks. I think only at one point was it ever briefly above FXAIX. At best it’s lagging 2-3% behind, at the moment it’s lagging 5% behind FXAIX total return.
For context my advisor managed account total investment is maybe 12-14x total what my personal brokerage account is and is heavily diversified. As I’ve discussed in the past maybe too much into international, emerging markets. It seems to capture mid/small cap growth/value/blend stocks (looking at their internal asset allocation tool).
My question is, is there any point in me trying to capture total market via FSMAX in my personal brokerage when I already have another account that’s 12x the value and captures it? I’m almost thinking I should just do FXAIX and QQQM exclusively to offset how much I’m in international and already in mids/smalls in my advisor managed account.
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Even as a long term investor (not day trader) I dont believe in "capturing the whole market". I think that while individual stocks can be volatile and maaaybe you should diversify there if you're NOT an active capital manager... industry performance and the shift from bad/good or vice versa is measured in years, more than enough time to course correct from industrials, to travel/hospitality, to AI/big tech, to robotics, or whatever the new flavor is every 1-5 years.
There will be market sectors that will perform poorly for years compared to others and you should rotate out of those for those years into sectors that perform well. Right now its semiconductors and related AI companies, 5 years ago it was cannabis stocks, 3 years ago it was Blockchain craze, etc.
These are extreme examples but I just want to illustrate my point. COVID shit lasted for like 3 years, so would you stay in airline and cruise ship stocks for that whole time, or would you rotate out to ecommerce companies like Amazon and Overstock whose share price grew 1000% because everyone was locked up at home?
For the record, I am not advocating chasing extreme fads like Blockchain, Cannabis and by extension "meme stocks". You can examine traditional sectors by performance and see what works well there and take a position in those sectors. Here's YTD so far. Is taking positions in Real Estate companies in 2024 a good idea given what we know about the macro factors with home sales being down, interest rates at 25 year high, people not wanting to move or refinance? Probably a bad sector to be in. Do you really want to "capture the market" with all these losers in it?
If a person wouldn't hold positions in domestic sectors that are in the dumps, why would that person hold positions in "emerging markets", "international markets" and my favorite would be..... treasury bonds from roughly 2001 to 2020?
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Sanrith Descartes
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Just curious how long you were in it? I hadn't heard of it, but I took a look at the 1 and 5 year charts.
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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This is one of my top plays today to look at. I expect a nice reversal because I agree with your assessment of the ER It wasnt terrible, but investors are being retards.
I dont know what your cost basis so I dont know if you should hold, but I expect it to sart going back in next few days (maybe even today)
I wouldnt look at 1 or 5 year charts because they are purely meaningless in this situation. This is a 100% sentiment event. If past performance or fundamentals mattered, this stock wouldnt drop 50% overnight.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Sanrith Descartes
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Shockingly, the GDP for Q1 was revised lower. Funny how this keep happening every single quarter.
US STOCKS-Wall St on track for lower open after economic data
U.S. gross domestic product for the first quarter was lowered to a growth of 1.3%, compared with a previously estimated 1.6% expansion
US STOCKS-Wall St on track for lower open after economic data
U.S. gross domestic product for the first quarter was lowered to a growth of 1.3%, compared with a previously estimated 1.6% expansion
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Rangoth
Blackwing Lair Raider
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I was not in it long, it was one of my short term swing trades. Cost is around 17.80, so before the AH shit I was up over a dollar, selling CC at 20 Which was ok premium. I had been doing that(with some variation on the CC strike) for about 3-4 weeks because it was also around 19/20 at one point.
i will probably seek to exit this as soon as possible and I’m guessing it will be an L for me, should have got out while I was ahead. The company financials are not tota shit so I may let the volatility settle from this earnings report before I bail
i will probably seek to exit this as soon as possible and I’m guessing it will be an L for me, should have got out while I was ahead. The company financials are not tota shit so I may let the volatility settle from this earnings report before I bail
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Gravel
Mr. Poopybutthole
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This is just market timing though. You're saying to rotate in and out of sectors as if you have some magic ball that tells you what future returns will be, or if the sector is about to start lagging.
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