The Investment Thread (13 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.
 

bclemms

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Me. Nice gains this morning. I'm out of it.
I hopped out at $29 but grabbed some back at $27.50. Ton of option calls at $30 so going to try and get that extra 4%. Soros bought in big this morning so that should get a better floor than past few days. After it hits $30 going to look for a pull back to hold it long term. My favorite business model in the market at the moment.
 

bclemms

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bclemms

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What a day with Draftking and SHRMF.

Made some really good day trades on draftking too. Wanted to hold it overnight but sold all but a small position, short term downside risk outweighs upside right now.

Reapplied a hefty short to LYV at the bell but sitting cash heavy. Hopefully LYV doesn't make me sick in the morning.

The disconnect between the futures market and the stock market is quite unusual this week. It feels like big money is moving out as small money is moving in.
 

superchuck500

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Looks like investors are ready to go risk on. Apparently there is nearly $5T sitting in deposit accounts getting anxious to get back in while there's still marginal gains upward.
 

efil4stnias

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Looks like investors are ready to go risk on. Apparently there is nearly $5T sitting in deposit accounts getting anxious to get back in while there's still marginal gains upward.
Moderna news.

Shoot they are up 40% pre market. Looks like good news on vaccine trail. Now going to phase 3 by July.
 

bclemms

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Boy did I step in it. Shorted Live Nation and Moderna came in with their news this morning. Ouch.
 

UncleTrvlingJim

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yeah, I'm considering taking all my discretionary funds and just paying off my mortgage. I'm generally against that b/c my effective rate on my mortgage is under 3 percent (after tax deduction of mortgage interest), and generally market returns greatly exceed that. However, a guaranteed 3% return doesn't seem so bad to me right now.
Well, glad I haven't done this yet.
 

UncleTrvlingJim

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LOL.

I pulled my money out a few days ago about 5 percentage points and change lower. :covri:

Still trust the decision though. I'm going to hang out on the sidelines regardless.
I think that's probably a safe play. I'm trying to remind myself to not try to time the market or any of that, but I think the S&P 500 is only 10% of it's highs, which seems kind of risky.

I would think if we have a second wave of the virus without a vaccine or good therapeutics, then we're going to retest our lows. I think I'll probably see if we get within 10% of the all time highs and if so, I'll probably bounce out for a bit with my discretionary stuff.
 
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Saint_Ward

Saint_Ward

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HEI gets downgraded from a BUY to HOLD by Canaccord Genuity (who?), with a set price of $90, and HEI then surges up 9%... huh?

I know the market is up as a whole, but interesting how much HEI bounced (still down a LOT since last year).

I guess it makes sense with DAL up 12% and other airlines up a lot on good sentiments for a vaccine.

For the short term, I got in at the wrong time for DAL. I am betting on them long term, but I probably should stick with short term views, or just play the S&P500 long.
 

superchuck500

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The management team looks legit and I think the market is emerging with new FDA status. As we saw with cannabis, when the bigger money wants in on the premise, there can be a run on the companies. The one seems to be positioning for that. I'm tempted to take profits, but gambler is me is feeling like this is something to keep a very close eye on as the market develops.

https://www.thecannabisinvestor.ca/...cine-and-1-company-thats-facing-them-head-on/
 

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