OT: Stock trading | Page 58 | The Boneyard

OT: Stock trading

tentoes4rings said:
I was down quite a bit on crypto until recently. Vowed if I got even I’d get out but now that I’m close of course I worry if I sell it will keep running. My thinking is with BTC having made such a huge run, investors are piling into ETH which is still over 30% off its alltime high. I’m pretty new to crypto though so Scot-e and others might have better perspective.
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Yeah crypto is not my thing but I’m also not sure how it fits into society. It is not going to be the currency.

not sure how everything plays out
 
Scud49 or other OCGN day traders,

Again noting OCGN remains solar universes removed from US FDA clearance of Indian private Bharat Biotech's Covaxin, OCGN may pop on Nasdaq Monday AM before shorters potentially slam it back down, repeat ... Why? India's FDA cleared Covaxin for "restricted emergency use" in India.

Incoveniently, it's unclear OCGN's even initiated interaction with the US FDA regarding Covaxin. Currently, just a marketing contract with Bharat for potential US-only distribution should Covaxin ever make it through Phase I, II and III clinical trials and obtain some kind of US FDA clearance.

economictimes.indiatimes.com

A great milestone in India's scientific capability: Bharat Biotech on approval for emergency use of Covaxin

The approval of Covaxin for emergency use is a giant leap for innovation and novel product development in India, Krishna Ella, Chairman and Managing Director of the Hyderabad-based pharmaceutical firm said in a statement.
economictimes.indiatimes.com economictimes.indiatimes.com
 
the Q said:
Yeah crypto is not my thing but I’m also not sure how it fits into society. It is not going to be the currency.

not sure how everything plays out
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nobody that follows it closely believes it will be a currency. i believe that most are treating it as a store of value and hoping it becomes a gold alternative/replacement.

given the fixed supply of bitcoin, i believe that many are using it as a hedge against equity inflation driven by recent global monetary policy.

the most recent run is probably due to a variety of factors (recent halving of the mining reward, global monetary policy, institutional buy-in, and usual FOMO that follows any momentum in the price).

i am a long term hold, to see how this all plays out over the coming years.
 
UCTitleTown said:
I just sold all of my stock in a company that I bought for $60 and sold at all-time high of $190 at year-end. That's my kid's college tuition right there. Finally something good happened in 2020.
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Congrats on the gain. Did you give any thought to selling first trading day of 2021 instead so you don’t have to pay taxes on the gain for another year? Or maybe this will work out better if tax rates go up.
 
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UConnSwag11 said:
Should’ve asked this yesterday: what were the best picks, worst picks, and picks that will be great in 2021? Stocks, ETFs, mutual funds, etc
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I find 2021 like treading on some melting ice. Despite massive losses in March, and some selling, I did well in 2020.

I'm an investor, not a trader. So I tend to look for long term trends. At the moment, I think e-games, solar, continued support of Work From Home (both personal and corporate), EDGE, 5G are set for long term upside. I think commercial REITS are looking at downside. I am wary of financials, transportation. Digital over analog for a simple way to look at it.

I think inflation is going to be a problem. We are essentially stimulating an economy that can't grow or invest as normal because we are restricting it at the same time. My best analogy is that we are in a 1970 Chevelle SS 454, with our foot on the brake and the gas pedal to the floor. Quite the smoke show, but it isn't going anywhere. When we finally release the brakes, will there be enough in the tank?
 
Scud49 said:
Very informative short video on the rapidly changing investment landscape through the lens of ARK Investments:

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I am only 3 minutes in, but yes, this is exactly what I'm talking about. And what our lead strategy SVP at work talks about as well.
 
HuskyHawk said:
I find 2021 like treading on some melting ice. Despite massive losses in March, and some selling, I did well in 2020.

I'm an investor, not a trader. So I tend to look for long term trends. At the moment, I think e-games, solar, continued support of Work From Home (both personal and corporate), EDGE, 5G are set for long term upside. I think commercial REITS are looking at downside. I am wary of financials, transportation. Digital over analog for a simple way to look at it.

I think inflation is going to be a problem. We are essentially stimulating an economy that can't grow or invest as normal because we are restricting it at the same time. My best analogy is that we are in a 1970 Chevelle SS 454, with our foot on the brake and the gas pedal to the floor. Quite the smoke show, but it isn't going anywhere. When we finally release the brakes, will there be enough in the tank?
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Good financials like local banks and insurance companies (ie pru and met) should be fine.

Mortgage reits will be interesting to watch.

Finding decent bargains for buy and hold is tough. I’m seeing a lot of bargains in banks right now, and UNM for insurance.

OHI for reits also seems like a good buy imo.
 
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Caronimo said:
QS is getting REKT! Buy in sub $40 maybe.
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Why’s it crashing so hard? I have to admit I’ve stayed away from news about it because I didn’t take the opportunity to buy in at $12 and have felt lousy ever since.
 
the Q said:
Good financials like local banks and insurance companies (ie pru and met) should be fine.

Mortgage reits will be interesting to watch.

Finding decent bargains for buy and hold is tough. I’m seeing a lot of bargains in banks right now, and UNM for insurance.

OHI for reits also seems like a good buy imo.
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I think they are bargains for a reason. They need to start shedding branches like mad. If I go into financials beyond PayPal, which I own, I will look for those with the best digital assets and fewest real estate assets.

I think housing/mortgage is strong. Commercial, especially retail, is in trouble. Long term. It may take some time.
 
Matrim55 said:
Why’s it crashing so hard? I have to admit I’ve stayed away from news about it because I didn’t take the opportunity to buy in at $12 and have felt lousy ever since.
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They updated their S1 this morning. 300 million shares. 60 million not subject to lockup, so can be sold immediately.
 
HuskyHawk said:
I think they are bargains for a reason. They need to start shedding branches like mad. If I go into financials beyond PayPal, which I own, I will look for those with the best digital assets and fewest real estate assets.

I think housing/mortgage is strong. Commercial, especially retail, is in trouble. Long term. It may take some time.
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unless your commercial is apartments, hospitals/medicals or storage and e-commerce warehouses. Plus data warehouses.
 
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the Q said:
unless your commercial is apartments, hospitals/medicals or storage and e-commerce warehouses. Plus data warehouses.
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Quality Colocation facilities are undervalued in my opinion. But I get the sense that there are people in finance who don't really quite get what is happening. Some certainly do. Data warehouses aren't physical things. Hardly hear that word much anymore since I worked at Red Brick Systems, the original Data Warehousing company.

That ARK video really maps closely to what I hear. But it omits some things. You want to run autonomous electric cars and trucks? Ok. What does that require, aside from improved software and batteries? It requires robust 5G, and it requires distributed (Edge) computing that can bring the latency down to times that won't result in those vehicles killing people. The amount of compute and data storage required for this future is simply staggering. And Amazon shows us just how much warehouse space you need for ecommerce. All those empty K-Mart plazas can become distribution centers.

It's going to be an interesting ride.
 
HuskyHawk said:
Quality Colocation facilities are undervalued in my opinion. But I get the sense that there are people in finance who don't really quite get what is happening. Some certainly do. Data warehouses aren't physical things. Hardly hear that word much anymore since I worked at Red Brick Systems, the original Data Warehousing company.

That ARK video really maps closely to what I hear. But it omits some things. You want to run autonomous electric cars and trucks? Ok. What does that require, aside from improved software and batteries? It requires robust 5G, and it requires distributed (Edge) computing that can bring the latency down to times that won't result in those vehicles killing people. The amount of compute and data storage required for this future is simply staggering. And Amazon shows us just how much warehouse space you need for ecommerce. All those empty K-Mart plazas can become distribution centers.

It's going to be an interesting ride.
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Adaptive reuse is going to be a big part of real estate moving forward. I have been looking into projects like the above for several months now. Banks are currently the problem but that should open up some time this year- or at least I hope so.
 
Damn, this beatdown is sooo summer 2020. Circuit breaker incoming?

Gonna be a wild ride this week.
 
Scot-e said:
Adaptive reuse is going to be a big part of real estate moving forward. I have been looking into projects like the above for several months now. Banks are currently the problem but that should open up some time this year- or at least I hope so.
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Agree. I think the physical landscape of many communities is going to change more than people may currently expect. Unfortunately, I don't know who in the real estate and construction space is actually positioned to capitalize on this. Office space can become residential, some brick and mortar retail can become local distribution/warehousing centers. Amazon hired around 450k people last year.
 
HuskyHawk said:
Agree. I think the physical landscape of many communities is going to change more than people may currently expect. Unfortunately, I don't know who in the real estate and construction space is actually positioned to capitalize on this. Office space can become residential, some brick and mortar retail can become local distribution/warehousing centers. Amazon hired around 450k people last year.
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Monster companies like Brookfield seem to be the best positioned.
 
Scot-e said:
Adaptive reuse is going to be a big part of real estate moving forward. I have been looking into projects like the above for several months now. Banks are currently the problem but that should open up some time this year- or at least I hope so.
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My local mall has said they're looking into turning the empty space (Sears, Macy's, etc) into housing, adding a pharmacy, grocery, etc. basically a self contained community with retail for the general public also.
 
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the Q said:
Yeah. Wondering if it’s not too hot. Thinking I should just cash out all my crypto and buy things like reits for income
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From my limited experience with crypto, I think stable coins like ETH and LTC still have a lot of runway, I’m mostly in just ETH now with a little LINK and LTC. Last night I couldn’t sleep until 2 AM because it was too much fun watching these things run. After a selloff, I’m encouraged by how they rebounded. Speaking of volatile things, I pray the guys on here talking about QS took some profits. I’m so relieved that I took a lot of profits last Thursday. Today is a good reminder that there’s no shame in taking good profits.
 
HuskyHawk said:
I find 2021 like treading on some melting ice. Despite massive losses in March, and some selling, I did well in 2020.

I'm an investor, not a trader. So I tend to look for long term trends. At the moment, I think e-games, solar, continued support of Work From Home (both personal and corporate), EDGE, 5G are set for long term upside. I think commercial REITS are looking at downside. I am wary of financials, transportation. Digital over analog for a simple way to look at it.

I think inflation is going to be a problem. We are essentially stimulating an economy that can't grow or invest as normal because we are restricting it at the same time. My best analogy is that we are in a 1970 Chevelle SS 454, with our foot on the brake and the gas pedal to the floor. Quite the smoke show, but it isn't going anywhere. When we finally release the brakes, will there be enough in the tank?
Expand ...
Wary of financials? Why? Rates have to go up at some point. Bought in 2-3 months ago. I think they are undervalued. Still haven't rebounded to pre March levels.
 
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