That company is still around? The dumbest guy with a Series 7 that I've ever met used to fuck around with Dryships all the time back in 2011/2012.
doesnt look like a smoking gun from comey is coming and so long as the tories hold on tonight the market may be poised to break out a bit just have to...
wonderfully have a bunch of stock in my company that hasn't vested, and the sum that has was given to me at a much higher price ($50+)... watched the stock drop from almost $50 at beginning of year to $31 now... just joyous, holding out Oh it's an energy company btw... no idea when I'll ever be able to sell this for anything worthwhile
I had that at a former employer. 3-yr vest on restricted stock that got cut in half before I could do anything with it. It was a nice amount when granted but once it was cut in half it wasn't much of a retention tool.
ours is 25% over 4 years, but we get some more every year so helps backfill a little bit... recent addition was at least at a much lower stock price so that helps but bulk really got hit hard. Overall vested pot has cost basis of $49.00 and currently trading at $31.53... woof.
Taking profits, rotation and tech had some high profile downgrades/negative research reports come out in the last 1-2 days. For financials the 10-y is hiking upward and the house passed sweeping legislation to roll back Dodd-Frank. Additionally Comey's testimony was a non-event so there's more hope for DF repeal and tax reform to get done.
bloodbath on the Nasdaq today. Interesting that the S&P didnt follow. lechnerd Might be time to buy your vix calls.
What are some decent low cost stocks to invest in? I just sold some company stock. Reinvested about half of it back into some stocks that are looking good for some returns. Just wondering what some smart TMB brethren think. TIA.
Why don't you just use Motif and buy the $ amount of any stocks you want? If a stock is $500 and you only want to invest $100, you can do that using Motif. That's the app I play around with on the side.
Amd has more upside but a lot more risk Cisco is low 30s and pays a dividend. Its a dow stock so less risky but youre gonna get your 5% ish a year
https://www.ft.com/content/f9fef394-4e8d-11e7-bfb8-997009366969 Shock Linwood Spoiler Cost of ‘Black Swan’ bet on falling markets hits pre-crisis low The cost for hedge funds of taking out “Black Swan” insurance against a sharp fall for US equities has fallen to the lowest level since before the financial crisis as stock markets continue to touch all-time highs. Months of low market volatility has forced down the price of options allowing hedge funds to place bets that would make them 25 times on their money if the S&P 500 index fell by 7 per cent over the next month. “The price of constructing hedges against a fall in equity markets are at their lowest levels ever, while equity markets are trading at all-time highs,” said Deepak Gulati, chief investment officer of Argentiere Capital and former head of equity proprietary trading at JPMorgan Chase. “Historically low levels of volatility in options markets are providing the opportunity to construct long volatility positions with completely asymmetric pay-offs.” At a time when equity markets continue to grind higher and most investors are betting that volatility will remain low, the potential for big payouts worth many multiples of their cost is tempting a small number of hedge funds to take the other side of that trade. Options using the so-called one month 97-93 per cent put spread on the S&P 500, which requires the index to fall by between 3 and 7 per cent in a month to be profitable, currently allows a maximum profit of $4 for contracts that cost $0.16, or a 25 times return, according to Bloomberg data. Expectations of market volatility, which make up an important input into how much options bets cost, have been plumbing new lows this year. Earlier this month, the Vix index, which tracks the implied volatility of the S&P 500 over the next 30 days, closed at the lowest level since 1993. Last month the Financial Times reported that Ruffer, a $20bn London investment company, had been buying up large amounts of contracts linked to the Vix index priced at half a dollar as part of a hedging strategy for its portfolio, earning it the moniker “50 Cent” among bemused traders. At the same time, low expected volatility also allows traders to make cheap bets using options on the US stock market also rising in value. The so-called 3 month 105-110 per cent call spread on the S&P 500, which needs the index to rise by 5 to 10 per cent over three months to be profitable, would generate a profit of up to 38.5 times. This compares to an average pay-off ratio for an identical call spread of 5.6 times over the past decade.
Anyone ever hop in on MO? Been mentioning it every now and then for years now Summary Altria is just three raises away from a Dividend King status, having raised its dividend for 47 years in a row. The company keeps chugging along with no apparent hiccup on the horizon. Count on Altria to boost your dividend income once again - probably by as much as 8-9%.
I have owned MO for 15 years or so. When I first started getting into stocks as a teenager my great uncle told me to buy Philip Morris because they pay a good dividend and sell something that people are literally addicted to. He was right.
http://www.marketwatch.com/story/stock-market-risk-is-much-greater-than-we-thought-2017-06-15 I think this article is very interesting. I have been wondering lately if the stock market is overvalued due to all of the money flowing into passive index funds. Interestingly, it says that the Japanese stock market is only at half its value since its 1989 high.
This article talks about long term investing and then outlines that things like World Wars, Climate Change, or any other major disasters could have a negative impact in the long term. Uh...duh? Of course we don't know that the United States will remain the world's economic superpower and political hegemony. But unless we see any actual evidence of it happening there's no reason to assume that 1 year is better than 30 years. Of course there's greater risk in the long term than in 1 year. But if you take actual historical trends and apply them to the future, long term investing is the way to go for most people insofar as it relates to retirement (unless new data indicates it's time to jump ship).
I think the study is challenging this assumption. I am a little busy right now so haven't read about / thought through the whole thing yet. But I do find it interesting to think about. I certainly feel like the market is overvalued right now and i find the flow of money into passive index funds concerning. http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2012.01722.x/full
Thanks for the link. Those guys are way smarter than me so I will have to defer, I suppose. I think the market is overvalued now, as well, but the reason for passive index funds to exist in the first place is to mitigate individual stock risk. What's the alternative? You're still investing in individual companies. It's just through a lower volume spread throughout the market to avoid individual stock blow ups (like ORIG, GM in 2008/2009, or any other major corporate bankruptcy) Most people do not have the time or knowledge to appropriately invest in individual stocks for retirement (this doesn't apply to regular investing, to me). Hire a professional? The same amount of money would still be in the market if they're picking individual stocks. That's the primary way people invest for retirement. That is, unless you're really worried about major events shaking the foundation of our economic system. Then you can buy gold or stuff the cash in your mattress, I suppose.
It's tough to view the market through the eras of history because there are so many differences. I could see passive funds being in a bubble, but think how much money is going into the market every paycheck with someone's 401k/deferred comp plan. Those aggregate contributions buffer the market IMO.
I'm trying to think of what their play is here. I know Amazon is moving into the food space, but it will be interesting to see how this acquisition fits in their strategy.
owning everything. target under 50, walmart getting smashed too. all the grocer distributors will get squeezed from a margin perspective. i posted it in the other thread, but imagine if amazon buys out a self driving car/delivery type service. they would have complete horizontal integration
Yea, I'm thinking this is going to be their entry into the organic market since WF owns those relationships/contracts/etc.
By all the distributors, I think you mean mostly UNFI. Distributors have shit margins to begin with though. 4% EBITDA margin is a goal. There isn't much room to squeeze there.
oh i get that, but if there was ever a massive ass company to squeeze it out of them, it'd be amazon. the target/wal-marts are getting smashed because of what this could mean 5 years from now
I think it's genius. They tap into the upscale market, they get prime real estate and they slide into the grocery space which they have wanted to do. Remember their commercial a few months back for the cashier-less grocery stores? By buying Whole Foods the entire setup is primed, they don't have to start from scratch. The big complaint about Whole Foods are the whole prices and their biggest appeal is the selection of food and updated stores which millenials love. Amazon will figure how to merge these two issues and find a happy medium. The people who should really be concerned are FedEx, UPS and DHL. Amazon hints at what they do before they go big and they've already developed a small delivery service. Now they may decide to buy one of those large delivery services which would change the game. Other sector that should be shitting their pants is pharmacy. CVS and Walgreens are in trouble as well b/c Amazon is coming for them too.
Anyone been following Merck's Keytruda? It's the first agnostic successful cancer treatment, meaning it doesn't care about the type of cancer. It's a clear winner over rival opdivo. There are currently thousands of studies underway for Keytruda, it's obviously hot in the medical community. ~30% quarter over quarter growth (currently at $1/2 billion per qtr) and ~120% yoy. This is going to be a blockbuster.
The rumor had been if the Rite-Aid/Walgreens merger doesn't go through, AMZN would make an offer for RAD.
Lidl is coming to America shortly as well. https://www.usatoday.com/story/money/business/2017/05/17/first-lidl-stores-open-june-15/101777904/ WSJ has been covering Whole Foods as well in recent weeks because they really were getting squeezed. Couple that with margins that are currently at an all time low for the industry and Lidl has been know to completely eliminate margins just to get people into their doors. They literally destroyed grocery markets in many countries throughout Europe. Going to be interesting.