The Investment Thread (7 Viewers)

[Saint_Ward]

Maybe my HEI sale was a bit premature. Luckily I still have a lot of shares.

Looks like Berkshire has joined the HEI party. Pre market is looking like a nice pop this AM.

Warren Buffett Bet On Ulta Beauty, Heico in Q2. See How His Portfolio Changed.

Berkshire Hathaway opened new positions in Ulta Beauty and Heico Corp. in the second quarter, while halving its stake in Apple and cutting back on Chevron, according to a regulatory filing.

finance.yahoo.com

 

[Saint_Ward]

It says he made the move in Q2, which is approximately where I circled.

 

[Saint_Ward]

Looks like a quick pop triggered some am sells. I sold off another approx 7-8% of my HEI shares to cash in the high. I'll buy back in later when things settle or I notice a slight drop.

Looks like the main HEI stock dropped $2/share since I sold.

 

[B4YOU]

RKT up 11.5%. Mortgage rates are 1% below highs and a Sept cut will make refi's really attractive. I could see it run to the 20s.

RKT was 17.75 when I posted. It’s sitting at 19.97. Nothing amazing but a 34% gain this month feels really good. First sell order set at 21. Wish I had bought more in the months preceding.

The 800k downward adjustment to the jobs numbers may open the door for a Dec rate cut in addition to the .25 in Sept. Could see more upward pressure.

 

[Saint_Ward]

Looks like a quick pop triggered some am sells. I sold off another approx 7-8% of my HEI shares to cash in the high. I'll buy back in later when things settle or I notice a slight drop.

Looks like the main HEI stock dropped $2/share since I sold.

Yesterday morning HEI dropped like $8-9 a share after their quarterly Financials came out. I don't understand why, but it seems to be a pattern lately. So, I picked up around 40 shares around $236 and more of the class A stock too. HEI rebounded later that day and is up more so far. Currently about $251.60.

 

[Saint_Ward]

So, the Fed went a bit bigger than expected and cut interest rates by 0.50%. So, what does this mean for the markets? Late trading dropped. I'm sure savings account interest will drop.

 

[Saint_Ward]

APPL had a nice pop today.

 

[Turfie]

 

[Turfie]

At the exact same minute GME had a 5 million volume candle.

 

[DaveXA]

Is this real? Did they file for bankruptcy? Geez, lol.

 

[Turfie]

Is this real? Did they file for bankruptcy? Geez, lol.

From what I’ve gathered only a few stock symbol trackers shown this.

 

[superchuck500]

Is this real? Did they file for bankruptcy? Geez, lol.

No

 

[DaveXA]

No

I thought so, lol. I'm so into work right now with FY closing coming up next week, haven't even looked at the TV or news.

 

[superchuck500]

I thought so, lol. I'm so into work right now with FY closing coming up next week, haven't even looked at the TV or news.

That would be massive and set off a panic in the financials. It’s got to be some kind of glitch or something on the tracking side of it - there aren’t even any news stories about it that I could find.

 

[DaveXA]

That would be massive and set off a panic in the financials. It’s got to be some kind of glitch or something on the tracking side of it - there aren’t even any news stories about it that I could find.

Indeed. I'd think a global catastrophe was happening seeing that chart. Glitch would make sense.