Lots of stuff out there, but like I said earlier, you need to also think outside of SPACs and tech for a while. The majority of stocks that are doing well lately are recovery-type stocks or stocks that had been beaten down for so long. I sold out of SPACs a while back, sold out of a lot of my good tech like CRM, CRWD, MRVL, etc. (still holding all my AAPL!), sold out of my garbage tech, but want to get back into some more speculative stuff. I've been in GM for a few months and decided to pick up some F recently just for giggles. I still own my sadly small position in DE for agriculture, but want to look at other ag stuff maybe. Oil/energy and financials have done well this year (I bought into XOM and CVX), but some are saying the oil/energy trade is getting a little long in the tooth. It was one of the hottest sectors recently but may be cooling off. A lot of the re-open trades have been popping for months, so I'm wary of them, but may buy some. Stuff like steel and concrete stocks, for example, although they can be volatile. I jumped into ULTA last week cuz those ladies will probably need makeup once we re-open. lol. Tech will be back, but I don't know when or if it'll be like the "free money" it's been. Then again, the crazy may come back (I mean, earnings and having a product don't matter, right? lol). I'm looking to get back into stuff like CRM, QS, JMIA, PLUG, etc. -- just not sure when.
Those cruise and airline stocks have been going up almost since COVID first started. A lot of them are right back to where they were back then. So weird. I bought into JETS a few months ago because I didn't want to be stuck with individual airline stocks. I'm afraid they'll start issuing shares or something and tank the stock just as I get in. lol. I think NCLH just did something like that.
Not understanding the recent INVERSE relationship between BTC - MARA/RIOT --- but buying the dips (yet still somehow raising my AVG buy, lulz).
I don't trust the cruise industry at all and I don't trust certain airlines to manage this correctly. Many of them are actually going to have huge capacity issues because they retired so many aircraft recently. So only certain airlines will really be able to grow and capture this correctly. But right now basically every airline is growing. Longer term only certain airlines will grow. Legacy airlines in particular are still going to deal with lagging business travel which will hurt. As low cost carriers start pushing prices down, legacy airlines won't have the business travel cash cow to lean on. But this won't be felt for a while. Right now fares are absurdly high so everyone is just minting money. But over time, supply will start to adjust and the legacies will have to figure out how to deal with that. JETS is a good place to just park your money. They've got a pretty decent mix for the most part (I wish they'd put less into AAL and UAL and more into low cost carriers but overall its fine). The key thing with the airline industry is that there will be winners and losers when this is done. Right now everyone is a winner but there will be fundamental changes to the market that will favor certain airlines over others so some airlines will absolutely blow past the pre-pandemic highs while others will fall back down to earth. But that will take a while so for now, just enjoy the growth.
Eek. That MSFT Exchange Server hack is sounding even worse than originally thought. Hope it doesn't tank the stock. lol.
Another red day for tech. Anyone eyeing any price targets on some of long term holds? I'm thinking of picking up NVDA, QCOM, ASML, TSM as the only major tech holding I have is google.
There are so many bad exploits and hacks that occur it's a bit like the constant changing news cycle where we all just move on after a bit. The Solar Winds exploit seems to be all but forgotten except to those in InfoSec. While not as bad as Solar Winds or this recent MSFT Exchange exploit, Google Chrome had two zero-day vulnerabilities in back-to-back weeks in the last 30 days. Apple's also done some ridiculous, unexplainable self-ownage like the release of an OS with a bug that allowed someone to gain root access to the system with a blank password. And these are just the vendors. If you had insight into some of the InfoSec practices (or lack thereof) at some publicly traded companies that are the customers of these vendors it would take your breath away. Vulnerability patching is inconsistent or non-existent, monitoring and remediation are unheard of. A lot of the hacking and data-siphoning flies under the radar hidden for months or longer until a company is forced to admit they were attacked and oftentimes the attack is entirely preventable by simply keeping software systems and applications up-to-date.
Aren’t those sectors priced in also? How does their fundamentals match up with current prices otherwise?
Thoughts on AMC as a real stock? I’ve had some as a meme stock for a bit but thinking of going in a bit more.
But but GCIH is so hard. Get with the times. Soon it will become an industry standard. These certs will be in high demand as government pours more and more money into cyber security while taking from the military. It very well could get its own branch sooner than later.
I love these companies but sold them last week. Problem was the valuation/multiple. If rates keep going up they could get hit further. Rates were at 2% pre-pandemic and stimulus, I think it's natural they keep rising? I esp want to get back into asml, but don't know whats the right price... Added fpac warrants today at $1.05, flgt at $90, pipp/znte at low $10s. nibbled on googl aapl - compared to stuff like cruises this looks like value to me... I get that inflation results in higher rates and further discount on cash flows when funds do their valuations, but shouldn't we expect inflation to increase the actual cash flows of cash generating companies as well? Another way to capture is fintech/banks, but fintech multiples too high while banks getting disrupted by fintech... I'll stick to adding aapl/googl for now.
I’m unsure what types of InfoSec or Cyber Security degrees are available these days, but a GCIH should be an industry standard or minimum knowledge baseline. And you’re right, these should be in high demand and lucrative as well. InfoSec is a highly fascinating subject. It’s a bit spy thriller mixed with a bit of serving and defending your country or so I like to think. More people should be passionate about it. But to stay on topic, I’m long term bullish on tech defense stocks. Scanning, monitoring, auto-remediation, identity & access mgmt, etc. Microsoft’s Defender product is making strides. Qualys is used heavily, Okta and Ping are out there in the identity space as identity competitors and then there are companies operating on the edge of the web, like CloudFlare. Companies, like Jamf, are serving the Apple device mgmt space, which is growing across the enterprise, and have Vista Partners backing their recent acquisitions that strengthen the security aspect of their core products. The market may be rotating out of tech but the need for security in tech will be a winner over the long term.
Yes, monitoring this. Not sure when to buy, being conservative. Need to factor that they have $1bn cash and no debt at $1.9bn valuation. No meaningful revenue but they have patents and unique product. This is like a $19 pre-merger spac with additional high value patents. Edit: hard to value in this environment. Being conservative and waiting first.
Bought some "value" stuff last week that's doing ok, but don't want to come late to the recovery party and buy high now. Trying to look ahead a bit to the next rotation.
This is similar to what I did with MVIS, aside from the cash and revenue. They have a plethora of patents that MSFT was using in halolens, all while poaching MVIS employees to go work for them. Lidar tech out the wazoo and continue to have and improve it. I made quite a bit off of MVIS by selling a massive chunk around Valentine’s Day that I accumulated for a year. Having said that, I still hold a nice amount of shares in the pennies (still up and always will be as far as I’m concerned.) Anyways, I have been in and out of NNDM for similar, yet different reasons over the past 8 or so months.. but I’m watching closely to jump in the mid/latter part of this month.
