Economy Stock Market chat. Discuss everything from Musk to iPhone

[JonesBones]

Well you guys know by now that I'm a buy-and-hold guy, and I generally stay away from day or swing trades. When I start a position, I hold it for at least a year or longer.

Here is another potential long term performer: Smartsheet (SMAR)
https://seekingalpha.com/article/4252568-smartsheet-still-smart-long-term-investment

Good revenue flow, and plenty of room to grow. I see future acquisition by bigger players down the road. They're currently in a little dip for the past few weeks, so I might put some money down on it.

On a side note, UnitedHealth Group (UNH) has been a bit of a disappointment in the past few months. Average price consensus is around $310, but it's dipped from $275 to $245.

Looks interesting. Been consolidating for a while. I may jump in.

 

[JonesBones]

Pfizer been stuck in the mud. Just bought some in the money calls.

 

[brackis1]

Getting back in at $12.05 on Bloom Energy.
With Tesla being dogshit I see people looking for other trendy alt-energy. Cramer made it go down off a call-in, but Ron Baron is loading up at $12 seems like consolidation to me

edit: Welp we're at 12.3 already

 

[JonesBones]

I have a riddle for you people. I made a thread on Amazon and Walmart. These are obviously the two biggest retailers. One owns online. One owns brick and mortar. But there is another missing. Which one is it? Hint: It is a company that drove Walmart out of rural areas/small towns. It fits the niche like Walmart or Target does in the suburbs. Towns not big enough for a Walmart or Target, have one of these. Which store am I thinking of?

 

[JonesBones]

I'm going DEEP on Arlo

 

[brackis1]

I'm going DEEP on Arlo

Brave man.

I am mad at myself for not enjoying another 15% down ion Signet. Boot barn keeping my short addiction alive.

 

[brackis1]

flipped and bought Boeing

 

[brackis1]

fucking LOL @ Tesla.
https://electrek.co/2019/04/11/telsa-35000-model-3/
-Pulled their $35,000 model so it no longer exists.
-Can lease a car now, but can't own it because it will be part of a "ridesharing program they're starting"

Sure sure...they can't even produce cars and deliver them at a mass rate, and just recently figured out how to warehouse parts for repairs, but we're supposed to believe they'll have a ridesharing service setup and a fleet of free cars to run a rideshare program to compete with Uber and Lyft and Apple? Absurd fiction to keep suckers excited and buying stock.

 

[brackis1]

Getting back in at $12.05 on Bloom Energy.
With Tesla being dogshit I see people looking for other trendy alt-energy. Cramer made it go down off a call-in, but Ron Baron is loading up at $12 seems like consolidation to me

edit: Welp we're at 12.3 already

Welp this is at 13.1 now

And I swung it and back in at 12.8! Woot

Slaughtered some NFLX shorts off the Disney news. Wishing I'd done the same with Roku lol; opened up 3% now DOWN 3% for 6% swing.

 

[brackis1]

Tesla flat now after opening slightly up off their silly lease announcement thing. This should have made it pop, so I see it as a sign that people are tired of the shit and not willing to buy off hype as much anymore.

 

[JonesBones]

Disney up nice after streaming presentation. Netflix down for same reason. They have had that space largely unchallenged for years.

 

[brackis1]

Disney up nice after streaming presentation. Netflix down for same reason. They have had that space largely unchallenged for years.

Yeah if they can bundle hulu and espn+ and disney thing for under what Netflix has, Netflix is fucked. As-is Netflix is gonna need continued growth to justify its price, so this even slowing them to just a "player" in the industry I think is a drop to at least 300.

To me it seems ludicrous that Roku is down more on the day. If I were Disney I'd buy out Roku and immediately have hardware in millions of household to peddle their shit. Might be anti-trusty if they dont let Netflix on there, but even still.

 

[JonesBones]

Yeah if they can bundle hulu and espn+ and disney thing for under what Netflix has, Netflix is fucked. As-is Netflix is gonna need continued growth to justify its price, so this even slowing them to just a "player" in the industry I think is a drop to at least 300.

To me it seems ludicrous that Roku is down more on the day. If I were Disney I'd buy out Roku and immediately have hardware in millions of household to peddle their shit. Might be anti-trusty if they dont let Netflix on there, but even still.

I have said before that Netflix will end up being a channel like HBO and streamed through something like Roku. The initial appeal of Netflix was like a Blockbuster Online. Could see stuff from everywhere. I have been saying they are going down the wrong road on content. Why? The same reason I love Trader Joe's and Apple. Netflix is burying its customers in content. That doesn't fuckin work. Studies have shown this. The more choices you give people, the less action they take. The less they engage the product. I have seen people on this forum and irl say that Netflix just has too much stuff and they don't know where to start. And it can be good, it doesn't matter. They could all be good shows and you still have the same problem with scattering. Just pumping out more content is not the answer but that is all Netflix really has.

 

[MASShole]

DIS has all the Marvel movies, and I wonder when they'll be removed from Netflix and be solely on DIS's streaming service. Same for Star Wars.

 

[JonesBones]

DIS has all the Marvel movies, and I wonder when they'll be removed from Netflix and be solely on DIS's streaming service. Same for Star Wars.

They were showing a graphic yesterday of Apple vs Disney streaming. Pixar is a big one for Disney which is kind of ironic since Steve Jobs breathed life into the company and was its largest shareholder. His widow is the biggest owner of Disney stock I think. That was right up Jobs' alley. Computers and art together. Animation.

Guy on CNBC said Tim Cook needs to go. They should buy Disney or Netflix he said.

 

[JonesBones]

Chevron down cuz it bought another company. I'm buying a few

• Chevron plans to acquire Anadarko Petroleum in a cash and stock deal the company valued at $33 billion.
• The transaction values Anadarko at $65 per share, a 37% premium to Thursday’s closing price.
• Chevron’s deal represents the 11th biggest ever for an energy and power company, according to Refinitiv.

 

[JonesBones]

Microsoft and Amazon are the finalists on a Pentagon project. Big call option activity in MSFT, which means people are betting on it to go up. I love this stock but it is already at 52 week high. I'll just hold it and add on dips.

IBM and Oracle are out of the running for $10 billion government cloud contract

IBM and Oracle have been ruled out for a U.S. Defense Department contract for cloud computing services that could be worth as much as $10 billion over the course of a decade.

The deal, known as JEDI, would have been a boon to either of those technology companies, which trail Amazon and Microsoft in the public cloud market. Business from the CIA in the United States has helped Amazon Web Services in its effort to get more companies using its services, and the new Defense deal could be more valuable.


AWS and Microsoft are the only companies that meet the minimum requirements for the contract, Defense Department spokesperson Elissa Smith told CNBC in an email on Thursday. The New York Times first reported the decision on Wednesday.

 

[brackis1]

Dumped all my Boeing and went in on PG&E while it was up 8%...made 5% in 10 min

 

[JonesBones]

green as shit. doing some selling today. disney for one. some oil.

 

[brackis1]

green as shit. doing some selling today. disney for one. some oil.

Yeah this about tied for my best all time week. Some pure luck timing the market (eg. ejected Bootbarn) but these high float stocks with huge news events and a quick trigger finger has gotten me at least half the gains. NFLX continuing to shit.

This thread is good for my trading psyche.