The Investment Thread (7 Viewers)

[UncleTrvlingJim]

I'm looking at Nvidia as a long term buy now. It's at a 52 week low, and while the collapse of the crypto market has hurt them, their sales are still pretty strong.

 

[UncleTrvlingJim]

I bought TSLA, F, AAL, APPL, META and other really beaten up tech stocks into my investing account. Also went ahead and maxed out my I-bond investment. If we leg down again I'm going to pour money in.

I still think we see another leg down, perhaps a big leg down but I'm also seeing so many deflationary pressures coming. The FED is going to see these deflationary pressures and reverse course on rate hikes because they have a very long history of deflationary fears. If that happens it will send equities to the moon.

Michael Burry thinks we're halfway through the leg down -- he said we're through the multiple compression and now we're hitting the earnings compression.

 

[Mr. Blue Sky]

I bought TSLA, F, AAL, APPL, META and other really beaten up tech stocks into my investing account. Also went ahead and maxed out my I-bond investment.

If anyone isnt buying, especially TSLA, which is now at < $700 - is going to be really sorry once this market recovers… and it will .

 

[SaintInBucLand]

Michael Burry thinks we're halfway through the leg down -- he said we're through the multiple compression and now we're hitting the earnings compression.

I wont be surprised to see the SP500 hit 3300. I have been quite lucky the last couple days. Exited both my Amazon and Tesla calls today just before they knifed down. Currently have no positions long or short going into the long weekend. Going to see how things shape up. All I have now is just investment port.

 

[bclemms]

I wont be surprised to see the SP500 hit 3300. I have been quite lucky the last couple days. Exited both my Amazon and Tesla calls today just before they knifed down. Currently have no positions long or short going into the long weekend. Going to see how things shape up. All I have now is just investment port.

I'm still holding TSLA and APPL puts. I'm betting that there is a leg down and it is significant.

I'm also holding TSLA and APPL stock but I have a trading account and an investing account and they are very different things.

 

[bclemms]

If anyone isnt buying, especially TSLA, which is now at < $700 - is going to be really sorry once this market recovers… and it will .

TSLA could go much lower. They are still extremely overpriced based on current sales to earnings. They also had some major production issues and cash burn problems that will likely be even more significant on the next earnings report. The longer these issues plaque them the more market share they will lose in the long haul to what is becoming a crowded market space. Elon's twitter rants aren't doing the company any favors either.

There's a situation in my head in which TSLA goes and tests $400 in the next two months.

I do think you are right though, I do believe it will recover and in a year or two we'll see it pushing new highs. Once the supply chain issues sort out, TSLA should be able to maximize production at the new factories and recapture market share it is losing. This will also bring the PE ratio down to normal levels and make the stock soar.

 

[Mr. Blue Sky]

TSLA could go much lower. They are still extremely overpriced based on current sales to earnings. They also had some major production issues and cash burn problems that will likely be even more significant on the next earnings report. The longer these issues plaque them the more market share they will lose in the long haul to what is becoming a crowded market space. Elon's twitter rants aren't doing the company any favors either.

There's a situation in my head in which TSLA goes and tests $400 in the next two months.

I do think you are right though, I do believe it will recover and in a year or two we'll see it pushing new highs. Once the supply chain issues sort out, TSLA should be able to maximize production at the new factories and recapture market share it is losing. This will also bring the PE ratio down to normal levels and make the stock soar.

Yep, i think you and i are in agreement that over the long haul TSLA will get to, as you said, new highs.. also i believe they announced another stock split in the near future which might have some sort of impact short term.. and i also agree that Elon is a complete bumblefrick and i wish he would shut his trap .

 

[DaveXA]

I bought TSLA, F, AAL, APPL, META and other really beaten up tech stocks into my investing account. Also went ahead and maxed out my I-bond investment. If we leg down again I'm going to pour money in.

I still think we see another leg down, perhaps a big leg down but I'm also seeing so many deflationary pressures coming. The FED is going to see these deflationary pressures and reverse course on rate hikes because they have a very long history of deflationary fears. If that happens it will send equities to the moon.

Yeah, I can see that, but just a couple of days ago you had Fed officials talking like they were still considering a 50 or 75 BP hike. I haven't seen any indication that they would reverse course this quickly, although with deflationary pressures starting to become more acute rather quickly, they might switch to a neutral position. The Fed has never been known as a nimble culture, so I suspect they're going to take their time to turn neutral or even go back to lowering rate to previous levels. Curious to see how it pans out.

 

[bclemms]

Yeah, I can see that, but just a couple of days ago you had Fed officials talking like they were still considering a 50 or 75 BP hike. I haven't seen any indication that they would reverse course this quickly, although with deflationary pressures starting to become more acute rather quickly, they might switch to a neutral position. The Fed has never been known as a nimble culture, so I suspect they're going to take their time to turn neutral or even go back to lowering rate to previous levels. Curious to see how it pans out.

I don't think the next rate cut is off the table and at least .5 is still priced in. What isn't priced in are falling corporate earnings, higher inflation, lower inflation or fed pausing hikes after this next rate hike.

I'm looking a couple months out and just beginning to dollar cost average into the most beaten up tech stocks.

 

[NewOrleansFan]

I'm looking at Nvidia as a long term buy now. It's at a 52 week low, and while the collapse of the crypto market has hurt them, their sales are still pretty strong.

I have been accumulated AMD.

 

[Turfie]

75 more BBBY shares. Air conditioning vents be damned.

 

[bclemms]

Yep, i think you and i are in agreement that over the long haul TSLA will get to, as you said, new highs.. also i believe they announced another stock split in the near future which might have some sort of impact short term.. and i also agree that Elon is a complete bumblefrick and i wish he would shut his trap .

I couldn't care less about stock splits. A stock gaining momentum because it has the illusion of appearing cheaper is bubble fuel and bubbles are horrible for investing. Great of trading though.

 

[SaintInBucLand]

75 more BBBY shares. Air conditioning vents be damned.

I know people are having fun with it.. but pretty soon the whole meme stock and ride the squeeze play fun is going to leave a lot of people holding the bag.

 

[Turfie]

I know people are having fun with it.. but pretty soon the whole meme stock and ride the squeeze play fun is going to leave a lot of people holding the bag.

I can see why some people feel this way. I think a lot of people do.

To that degree I think that some meme stocks are starting be “contrarian” plays all over again. Which is I don’t believe this stock (in my case GME and BBBY) is going to zero.

I think those that placed big bets on the opposite side are going to be future buyers. The other side believes I’ll be a future seller.

To use GME’s direct shareholder numbers as an example. 5 million shares registered last fall. 10 million registered in March. And now 15 million. I still think the long long game will be epic.

 

[Saint_Ward]

Today eked out a win.