The Investment Thread (16 Viewers)

Saint_Ward

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Rumors that Amazon was looking into offering a live TV package as well, have now been confirmed.

Amazon creating live TV package - Business Insider
The rumor

https://www.amazon.com/gp/help/customer/display.html?nodeId=201975120

https://www.usatoday.com/videos/tech/2017/05/23/amazon-prime-now-let-you-watch-tv-live/102046756/

confirmed.

No details on the pricing or offereings yet.

With Amazon getting into this arena, pushing the boundaries on retail, cloud services, etc. I really do wonder how large they can grow. As long as they keep their laser focus on customer service, speed and cost, I think they can do a lot.

I'm very glad I was able to buy a few shares a while back while it was trading in the $700's... or course, I wish I did this a year or two before when they were in the $400-500 range. Wow.

Today they hit $998/share ad are now hovering around $996.
 

superchuck500

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How much of a drop do you want to see before exercising the put on WYNN?
I took a Feb. 7 expiration, so it's a close watcher. Air Macau has cancelled all flights through February 1. They have already closed the border to Hubei residents and they'll probably go ahead and close for all soon.

I'm going to hang on to it at least until there's some positive news (all the trends are negative now). But unless something changes to the good, I think I'll just have to watch the stock action relative to the put trading price.
 

superchuck500

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WYNN was actually up in after-hours and into the open . . . which I think is just plain idiotic, especially after the Air Macau announcement.

Those gains already coming off.
 

superchuck500

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The China exposure stocks are bouncing today because analysts think the fear is overblown and not likely to have significant impact on valuations.

I think they're failing to understand what a 14-day incubation period means for an outbreak.
 

bclemms

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The China exposure stocks are bouncing today because analysts think the fear is overblown and not likely to have significant impact on valuations.

I think they're failing to understand what a 14-day incubation period means for an outbreak.
Yeah, there's no way it holds up long term for companies THAT exposed to Chinese travel. US market I understand the bounce, almost to 48 hours without any new cases in the USA.
 

superchuck500

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I can't believe that the buyers are keeping WYNN's price level where it is. Traffic to Macau is now down over 90%. The casinos are empty. As long as the virus is still spreading, you can't start counting quarantine days to look for an end. Those casinos are going to be empty for weeks.

I added to my put position, brought my basis down.
 
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Saint_Ward

Saint_Ward

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I'm glad I shed some NVDA while it was $250ish.. but also glad I hung on to some, since they've recovered so fast.

DFS is the one that hurts.. I thought about getting out a while ago, didn't expect such a blood bath.. now I'm hanging on for the eventual rebound.

PBW is still doing well, despite the blip. I think that's a good longer term hold, since clean energy seems to be the way even most power providers are going. Florida has built a pretty substantial solar plant (or do they call them farms?).
 

bclemms

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I can't believe that the buyers are keeping WYNN's price level where it is. Traffic to Macau is now down over 90%. The casinos are empty. As long as the virus is still spreading, you can't start counting quarantine days to look for an end. Those casinos are going to be empty for weeks.

I added to my put position, brought my basis down.
I added to NUGT big yesterday when it it triggered an order at 30.60 and it quickly rebounded. Sold the Abbvie yesterday morning for a quick 3% but not what I was hoping for when I bought it.

I can't possibly agree more with WYNN. No way in hell that price holds, those casinos are going to be empty for weeks at the very least and it's at the busiest time of the year for them. A company can't lose what is equivalent to their shopping season at the very minimum and hold serve. If it gets to that 125.5 range again I'm adding a ton to the short side.

The market is incredibly healthy right now, hard to get down movement with so much optimism but optimism doesn't overcome reality.
 

efil4stnias

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The market is incredibly healthy right now, hard to get down movement with so much optimism but optimism doesn't overcome reality.
its on steroids.

BA posts a HORRIBLE quarterly earning.... - $2.33 a share loss from a year ago of $5.48 share and $17b revenue vs last year 28b revenue.

its up $8 lololol
 

bclemms

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its on steroids.

BA posts a HORRIBLE quarterly earning.... - $2.33 a share loss from a year ago of $5.48 share and $17b revenue vs last year 28b revenue.

its up $8 lololol
I know, was looking to buy because I figured it would test 52 week lows after that report. I would understand if it was horrible but they had a timeline on the Max getting back in the air but they don't and guidance wasn't good.

To top it all off, their customers are under some really intense pressure right now because virus isn't good for the airplane business.
 

efil4stnias

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I know, was looking to buy because I figured it would test 52 week lows after that report. I would understand if it was horrible but they had a timeline on the Max getting back in the air but they don't and guidance wasn't good.

To top it all off, their customers are under some really intense pressure right now because virus isn't good for the airplane business.

Same here. When i saw the 6am alert, my first order of biz was to call my FA to keep eye on and buy if dipped below 309.

By time i got to office, the pre market was up $8.50 im like "huh???"

makes no sense.
 

bclemms

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Noticing a trend in the afternoon sell off the past couple days. Think the market is being cautiously optimistic but when it comes time to close a few hours before China releases it's daily numbers that money heads for the door. I'm leaning very strongly towards WHO issuing international emergency in their meeting tomorrow. Friday could also be tricky. Assuming we keep seeing Wuhan cases accelerate upwards then may see a big sell off Friday with potential for big bounce Monday if we make it through the weekend without any really bad news. Money may be scared to stay in the market over the weekend.

It's also very interesting to see how many negative cases have come back from CDC without any more positive hits, numbers that are disproportionate to the early tests. CDC director has said he has been talking with the president directly multiple times a day and I think we all know how much Trump will pressure anyone that can impact the markets. I'll be watching close to see if new cases in the US are announced just after market close on Friday. If suddenly there are new cases after the market closes then it tells me the CDC is focusing on damage control to the economy instead of transparency. If no new cases by Friday afternoon then I'll start to lean towards the US having it under control.
 

efil4stnias

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AMZN surging up 11ish%. I got out a while ago, after they've been treading water for almost a year.
I didn't 😉 but the after market surge will simmer come opening bell.

And I'm sitting on MSFT that I bought in late 2018 or early 19... Waiting for them to split as they don't like high stock prices.

Both were cloud business plays more than retail stuff.
 

bclemms

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$WYNN on a huge run. China propping it up??
Friend of mine who is technical analyst for a financial firm in Hong Kong said it would run up to $132 before you see any kind of reversal. I told him it makes no sense, he said stocks never make sense to us but makes sense to AI. He was convincing enough I closed my short positions and ran with NUGT and RMD. If it hits that $132 mark then I'm jumping back in hard on the short side of WYNN.

That NUGT play was looking brilliant when I loaded up in the mid $30 range, not looking nearly as brilliant today. Gold has some consolidating to do before pushing through $1600.
 

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