The stock market

[Brock Beauchamp]

 

the only way I like Twitter is if you think someone will buy them

Agreed. They're a flawed platform, the social media equivalent of Yahoo. They'll stick around, they have their niche, but their power will continue to wane over time.

[Brock Beauchamp]

Why did I only buy $2k worth of Facebook stock three years ago? I officially doubled my money after today's earnings report.

 

Argh. Stupid Brock.

[Mike Sixel]

 

Why did I only buy $2k worth of Facebook stock three years ago? I officially doubled my money after today's earnings report.

Argh. Stupid Brock.

 

It was one I thought about gambling on last week, but I hadn't had time to look at it. oh well, opportunity lost.

[Brock Beauchamp]

 

It was one I thought about gambling on last week, but I hadn't had time to look at it. oh well, opportunity lost.

Three years ago, I spent roughly 30 seconds deciding whether to invest in Facebook or Twitter.

 

Facebook won the argument handily, I only wish I had been more confident. I think my reluctance over Twitter carried into my Facebook investment, which never should have happened for obvious reasons.

[Badsmerf]

I wish i didn't have 50k in student loan debt to pay off still. I'd love to be involved in more trading like this. I would have bought Facebook as soon as they went public.

[joethastud]

 

Why did I only buy $2k worth of Facebook stock three years ago? I officially doubled my money after today's earnings report.

Argh. Stupid Brock.

 

I got in at 63 too!  Little more money than you though.  My 401k is invested heavily in tech-fb, amzn...  

 

That ad revenue for fb.....

[Willihammer]

Uh oh Mike.

 

http://www.overclock3d.net/news/gpu_displays/nvidia_has_agreed_to_a_preliminary_settlement_after_gtx_970_3_5gb_memory_fiasco/1

[Mike Sixel]

 

Uh oh Mike.

 

http://www.overclock3d.net/news/gpu_displays/nvidia_has_agreed_to_a_preliminary_settlement_after_gtx_970_3_5gb_memory_fiasco/1

 

Meh. Market doesn't care.....

[Mike Sixel]

I'm trying to get approved to trade options......I really want to bet on Google. All the tech stocks are beating estimates right now.

[Mike Sixel]

Damn......just checked, apparently everyone else agrees on google......that would have been a lot of money in my pocket....

 

edit: 

 

I tried to buy options yesterday, but was not approved. I thought the earnings came out Monday, alas, they came out last night. Stock up 36$ a share.....sigh.

 

50% gain on the ones I was looking at....sigh....

Edited July 29, 2016 by Mike Sixel

[Mike Sixel]

Just bought more activision before their earnings announcement......let's see how this goes.....

 

Nvidia.....just keeps going up.

[gunnarthor]

 

Just bought more activision before their earnings announcement......let's see how this goes.....

 

Nvidia.....just keeps going up.

They own Blizzard, right?  World of Warcraft online games and such?  

[Mike Sixel]

Yup....and the announcement was not great, so my first "bet" is a one day loser so far.....but EVERY other stock I own was up this am, so who cares!

[Mike Sixel]

My goal with the "house money" was to make 1-2% between now and 6-9 months from now, with some "certainty".....so I could have it available to maybe buy a house or condo......and now I've made more than 1%.....but have no desire to sell and lock it in.......still lots of dividends to come, and maybe more gains (or losses).

[Brock Beauchamp]

 

My goal with the "house money" was to make 1-2% between now and 6-9 months from now, with some "certainty".....so I could have it available to maybe buy a house or condo......and now I've made more than 1%.....but have no desire to sell and lock it in.......still lots of dividends to come, and maybe more gains (or losses).

The market has been rolling. I'd let it continue rolling until you see the first dip, then consider bailing.

[joethastud]

The stock I've done the best on since I've started trading is Gilead Sciences - GILD.  I'm going to get back in sometime this week.

 

 

[Brock Beauchamp]

Man, I am so glad I stuck with Amazon. I bought into them somewhere around $340-350 and watched them stagnate for six months or more.

 

Now they're my largest percentage gain stock at 115% gain, followed closely by Facebook (110%) and Netflix (102%). Apple used to be my best stock but they've wilted to about 50% gains (but that's okay because I still get a decent dividend from them).

 

Between Amazon and the hosing I took on Groupon a few years back, that has cemented my feeling that I don't "play" the market unless I'm extremely confident in a short-term stock. If I believe in a company, I invest and stick with them.

[Mike Sixel]

Huh. I bought and sold gilead last year, losing money. They back up?

[joethastud]

 

Huh. I bought and sold gilead last year, losing money. They back up?

 

Nah.  Harvoni isn't doing as well as they thought it would I guess.  They have tons of cash.  I think they might buy a small bio company like Achillion-ACHN.  They're kinda where Apple is, which isn't a bad thing.

[Brock Beauchamp]

 

Damn......just checked, apparently everyone else agrees on google......that would have been a lot of money in my pocket....

 

edit: 

 

I tried to buy options yesterday, but was not approved. I thought the earnings came out Monday, alas, they came out last night. Stock up 36$ a share.....sigh.

 

50% gain on the ones I was looking at....sigh....

I've had a couple grand in Google for the past... two-ish years?... and honestly, they've been disappointing compared to my other tech stocks in Netflix, Apple, and Amazon. 

 

But I see Google being a steady climber for a long, long, loooooong time. They're more well-positioned than any other tech company, in my opinion. I'd rank maybe Amazon second, thanks to their rock-solid Kindle platform and their server infrastructure.

 

Or maybe flip the two. Dunno... But I lean toward Google being the more solid company thanks to their burgeoning diversity (which, to this point, hasn't been as profitable as it probably should be... But it took Amazon over 15 years to turn a profit so there you go).

[Brock Beauchamp]

I think Google's biggest problem might be how it has all these great ideas but isn't equally as great at monetizing them... Yet, anyway.

 

They're doing some amazing stuff with deep learning, autonomous vehicles, virtual reality... The list is as long as my arm.

 

But they still earn the overwhelming majority of their revenue from the core business.

 

I'm hoping the Alphabet restructure is going to pay off in the long run (and I think it will).

[Willihammer]

Any recommendations for market podcasts?

 

I listen to Learning Markets, which is great, but they're only ~15 mins each.

[Mike Sixel]

 

Any recommendations for market podcasts?

I listen to Learning Markets, which is great, but they're only ~15 mins each.

 

Good question, I don't listen to podcasts, other than some TED talks and sometimes Radiolab, but this is probably a good idea.

[Badsmerf]

Great idea for me as well. Once i have the capital and no more student loans (I'll be dead right....) I plan to start investing a little. I'm a straight math major, so i would die for some deep analytical theory on stocks. If i could do it over again, that would be my career choice.

[Mike Sixel]

Golly I hope someone copied me on NVIDIA when I first posted about it.

 

Shopify.....I like shopify.

[Willihammer]

Golly I hope someone copied me on NVIDIA when I first posted about it.

 

Shopify.....I like shopify.

Didn't you also suggest Disney?

No, NVDA has done really well since Jan. Really, really well, good pick.

 

What do you like about Shopify?

[Mike Sixel]

 

Didn't you also suggest Disney?
No, NVDA has done really well since Jan. Really, really well, good pick.

What do you like about Shopify?

 

Disney is a smaller part of the book, but yes, bad timing that.....I certainly don't claim to be some guru...

 

No matter how hard Amazon tries to do what Shopify does, they can't pull it off. I think they have a model and software that seems to really work, and the market is huge and largely not tapped. I could also see Amazon just buying them at some point.....

 

edit: shopfiy is also a tiny part of the portfolio

Edited August 11, 2016 by Mike Sixel

[Brock Beauchamp]

 

Didn't you also suggest Disney?

I'm still in on Disney.

 

Once the market pulls its head out of its ass (much like it's doing with Apple right now), they'll realize that Disney /=/ ESPN.

 

Disney continues to forecast upward profits, the market continues to beat them down because of stupid ESPN.

 

It's as if the market has forgotten Pixar, Lucasfilm, Marvel, and the toy juggernaut of Disney don't exist under the same umbrella.

[Brock Beauchamp]

 

Disney is a smaller part of the book, but yes, bad timing that.....I certainly don't claim to be some guru...

 

No matter how hard Amazon tries to do what Shopify does, they can't pull it off. I think they have a model and software that seems to really work, and the market is huge and largely not tapped. I could also see Amazon just buying them at some point.....

 

edit: shopfiy is also a tiny part of the portfolio

I hadn't put much thought into Shopify but, yeah, you make some good points.

 

Though I'm loathe to invest in more tech... I'm already dangerously tech-heavy (unsurprisingly, as my job is in that industry).

[Willihammer]

I'm still in on Disney.

 

Once the market pulls its head out of its ass (much like it's doing with Apple right now), they'll realize that Disney /=/ ESPN.

 

Disney continues to forecast upward profits, the market continues to beat them down because of stupid ESPN.

 

It's as if the market has forgotten Pixar, Lucasfilm, Marvel, and the toy juggernaut of Disney don't exist under the same umbrella.

Interesting. It has beaten consensus earnings expectations in 3 of last 4 quarters, meanwhile the stock is down 8%.

That's all because people are worried about cord cutters?

Edited August 12, 2016 by Willihammer