w the exception of BA, TA wise, all defense (hardware) stocks (RTX, NOC, LKT) are doing well. isofar as trailing PE; 10 for NOC, 20 for LMt and 34 for RTX. actually, in the defense arena, i like SAIC, a second-tier defense player w expertise in the software/data arena, and trades ~ PE of 18
My XOM/ERX taking a hit right after the Russia news. It's fine. Just curious why? Buy the rumor sell the news situation?
which news? US talk of banning russia oil import? from a TA perspective oil has shot up in such a short amount of time. TA says itll come down a little or trade sideways until it gets closer to the 20 day MA personally im happy with what i got out of my small hold of oil and commodities will look to sell em soon. ready to rotate to something beat down. added to my AMD today. $100 has strong support. AMD has dropped 40% from ATH suspect some downside is still coming. i think we are in the denial stage i still think MSFT/AAPL need to drop before this bear downturn is completely done. MSFT has dropped 22% from ATH another 10% would put it at $250 range. appl has dropped 16% from ATH another 5% would put it at $140 range which shows strong support. AMZN down 30% from ath. google down 18% from ath also waiting on vix to drop
How much longer should I keep wincing? The good news at least is we are sitting on a ton of stock awards from my wife's OG employer.
Amzn 20:1 stock split and $10b buyback. Crwd popped 22% on earnings - growth is accelerating, profit is still small but positive and improving.
buying SFH in O&G town has been a good decision for me so far as prices has not recoverd yet from 08/09
Banks hold $120 billion of Russian debt. I smell a bailout coming soon. Give me calls on BAC and JPM.
sold my oil on friday. 35% profit for a couple month hold. lol. turned around and bought a call on SCO expire 7/15 if im gambing... im gambling
I have lost 10% over last few weeks and I know as soon as I sell world peace will be declared and it’ll jump 20%. So I’ll keep buying through my misery instead.
Good tweet. I think we are going to have a very good rest of the year, but another few weeks of pain and one more leg down. I got caught on the wrong side of the market in January but thankfully softened the blow by shorting rivn, should be headed to $10 eventually but I’ll be covering before then.
The Covid dip + Run = over.. Bunch of overvalued tech with insane multiples + inflation for all sorts of reasons + interest rate hike + WAR.... Valuation has come down to earth for a lot of the tech...inflation will get better..we will see about the last two.. Hopefully the next bull run is here soon than later.
Investor Day is on Tuesday...it should move the stock. Just don't know if it will be a catalyst or sell the news...lol
