got in at $7.69 the day before robinhood stopped supporting the stock, so hopefully its a good week, and hopefully since it wont be OTC anymore RH will add support for it again
YETI IPO next week. Lifestyle brand going public in the middle of all this volatility is a very SEC move. Cant wait for this piece of shit to hit the floor. Buying puts a week before their first earnings call.
Just strengthened my position in ZUO and BLNK by buying some more of each. BLNK is just a bet on the long term future of electric cars and trying to get in on the ground floor of a company that might have a big hand in that. Might not ever turn out to be worth a shit but its cheap so willing to roll the dice on it. ZUO is a service I think will only continue to get bigger and bigger. Like ROKU (imo), just trying to get in as much as I can before it gets to triple digits.
30+% of the S&P has earnings reports this week including Amazon, Google, Microsoft, Twitter, Intel, 3M, Snapchat, McDonalds, Haliburton, Lockheed, Verizon, Harley Davidson, AT&T, Ford, and a shit ton more. Should be a fun week
Feels like every time this fucker tries to Re test a low it blows right through and goes to another re test. So idk
Market fundamentals seem very good, earnings are kicking ass, I think the last report from factset had it at 84% that had reported already beat analysts earning expectations. This just seems like an unsteady market looking for a reason to sell off. They had a reason with interest rates rising, then you add the geopolitical turmoil with Khashoggi, and trade unrest with China, and you’ve got a recipe for shitty headlines rolling through a few weeks and a shit ton of selling. We’ll see what he futures look like, I’d imagine with the earnings reports today we see a decent climb back tomorrow, but who the fuck knows.
Anyone have experience with options? My old CEO just asked if I wanted to sell mine with the new round of financing(d 220m) He's doing me a favor as I've been out of the company for a few years... Sell mine now as opposed to waiting a few more years to be bought out. Sell all now vs a certain 3x in less than 4 years. I'm thinking about selling 20% now to payoff my student loans and be able to put 20% on a house... Thoughts?
More specifics? How old and stable is company? A “certain” 3x in 4 years is worth holding onto. How much of your money is tied up in the company(percentage)? Comparing lost opportunity vs needs and risk
I’m not smart enough to call a bottom but I feel strongly this is a good entry point for some very strong companies that most of us have been begging to get into if the stocks weren’t so expensive. Boeing had a very small climb today despite an incredible earnings report stacked on top of many previous strong earnings reports. Amazon has been a monster until recently and now it’s off 15-20% in a very short amount of time. I might pick up some MIcrosoft and Disney this week as well if the slide continues. Luckily I was 70% cash before this slide hit so I’m ready to buy. Got to have no fear in situations like these. Ease your way in buying a little at a time. Worse case scenario the stocks go up and you make money on what little you put in.
AMZN is up $85/share or 5% BA is up $9/share or 2.5% Torn on whether or not to sell today, especially with AMZN and the big move and earnings after the close. Never intended for these to be a trade, more investment but hard to turn down those 1 day returns.
With how positive earnings have been generally, I would probably wait and see how the numbers come out before selling. That’s said, it’s a two sided risk.
I have thirteen shares across a variety of index funds. Twelve have total negative returns ranging from $1.60 to $20.18 each VNQ is my sole positive fund, $1.18. Retirement here I come.
Hanging onto both. Boeing was an easy decision. Amazon was a struggle. They’re now up 7% or $125/share today alone, their best day in over a year. All common sense says sell but I just can’t do it.
Amazon crushed the top line with a miss on revenue, off 5% after hours which I just think is super short sighted imo.
To be fair a fucking $3 per share beat on earnings is pretty fucking phenomonal, the fall was on their shitty guidance for q4. Which imo is a big reason to buy it, they’ve undersold expectations for the fourth quarter and they’ll knock the cover off the ball.
AMZN’s cloud rev was up 46% holy shit that’s a fucking home run, I’ll be a buyer if it drops like this at open.
I wouldn’t mind taking a flyer on it if it gets any cheaper, I think it’s potentially a target for takeover by a media company.
So, like Yeti is coolers, cups, and stickers. We've seen the market for their products flooded with clones to the point they sue people. They're a lifestyle brand launching an IPO in the middle of whatever this down time is. Their IPO price per share is already down 7% and they've got some $1bn in non-convertible debt securities. IMO its a scam Do this jeff
I would not be buying at open tomorrow. I think we definitely retest the lows of close on Wednesday, and it is hard to guess what happens there. My gut says SPY closes low 260s tomorrow. A lot of major names like $NFLX, $MSFT, $BA, $LMT, $TSLA, etc. all crushed their earnings and it was like the market today just assumed that it was a given that $AMZN and $GOOGL would as well. Now it didn't happen, and I think we may see the mindset revert to the panic mode that we saw on Wednesday afternoon. JMO.
I think we’re down moderately tomorrow, but I don’t think we’re off 600 again, but who knows, very little of this retreat has been logic driven tbh. Intel crushed earnings on the top and bottom line which should help.