I like the following:
1. MRLDF - Mariana Resources
2. CCJ - Cameco Corp
3. Z - Zillow
4. TUWLF/TUWOY - Tullow Oil
IW
Original Post
quote:Originally posted by winetarelli:
Veal
quote:Originally posted by bomba503:
Wouldn't touch Zillow.
quote:Originally posted by wine+art:
I'm getting nervous.
quote:Originally posted by VinT:
Equifax![]()
quote:Originally posted by Shane T.:quote:Originally posted by bomba503:
Wouldn't touch Zillow.
Agreed. They've recently acknowledged major flaws in their "Zestimate," by eliciting a contest to fix it in the open market.
quote:Originally posted by Shane T.:quote:Originally posted by VinT:
Equifax![]()
The Bigger Short...
quote:Originally posted by VinT:quote:Originally posted by Shane T.:quote:Originally posted by VinT:
Equifax![]()
The Bigger Short...
To quote someone who's been reasonably successful at this stock market thing,
"Be greedy when others are fearful".
quote:Originally posted by g-man:quote:Originally posted by VinT:quote:Originally posted by Shane T.:quote:Originally posted by VinT:
Equifax![]()
The Bigger Short...
To quote someone who's been reasonably successful at this stock market thing,
"Be greedy when others are fearful".
you're acutally going to go long equifax?
quote:Originally posted by Italian Wino:
My stake in Canadian weed company Canopy Growth just got a major surge in the arm with Fortune 500 company Constellation taking a 10% stake in the company. Stock is up 25+ percent in the last 2 days.
IW
quote:Originally posted by WineTrooper:
Why do you guys only give these brilliant recommendations to the rest of us after they go up 35%?
You could have at least shared CJ and WEED when they were worth $5 less per share.![]()
quote:Originally posted by Rob_Sutherland:quote:Originally posted by Italian Wino:
My stake in Canadian weed company Canopy Growth just got a major surge in the arm with Fortune 500 company Constellation taking a 10% stake in the company. Stock is up 25+ percent in the last 2 days.
IW
Our Analyst just went from a $10.50/Buy target to a $13.00/Hold.
quote:Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t own
Bfw
quote:Originally posted by KSC02:quote:Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t own
Bfw
July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)
How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?
quote:Originally posted by KSC02:quote:Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t own
Bfw
July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)
How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?
quote:Originally posted by TPEwinedrinker:
NVDA up to $217 after another monster quarter. Was $67 a year ago.
quote:Originally posted by bates40:quote:Originally posted by KSC02:quote:Originally posted by bfw:
LOL...Weed has been on fire. I made 10 times my money on it the first time around but it has gone past that high now and I don’t own
Bfw
July 29, 2016: $3.15 (chart starts here - IPO date?)
Nov. 2, 2017: $19.37 (new high - no pun intended)
How can you claim 10x return (now or any point in between)? Just looking at the 5 yr chart. What am I missing?
always buying weed (weed.to)
always buying AMZN - they appear to be unstoppable
quote:Originally posted by wine+art:
GE cuts their dividend ( by half) for only the second time since the Great Depression.
The days of GE, IBM and other gold standards are simply no more.
quote:Originally posted by finz:
Have any of you jumped into BTC yet?
quote:Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US
A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.
Tripled last weekbut has a lot more room to run if the flow results continue to impress.
Bfw
quote:Originally posted by VinT:quote:Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US
A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.
Tripled last weekbut has a lot more room to run if the flow results continue to impress.
Bfw
bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.
quote:Originally posted by indybob:quote:Originally posted by finz:
Have any of you jumped into BTC yet?
Nnnnnope. Way too risky for my bones. Fake money that governments have no use for and can't collect taxes from? No thanks.
Good luck if you've picked some up.
quote:Originally posted by ThistlinTom:
How do you value something that has no inherent value?
quote:Originally posted by vinole:
Bitcoin futures start trading on the CBOE at 6PM ET tonight. I think a lot of the run up in the last week is tied to this as a sign of investment legitimacy. You can now trade without actually having a digital wallet. On the flip side, it opens up the ability to bet on downward moves. Some believe the latter will destroy the price. We'll see. Currently at $15,115 as I type this. Many brokers are not allowing retail trades at all or no short positions and 50% margins.
quote:Originally posted by g-man:quote:Originally posted by vinole:
Bitcoin futures start trading on the CBOE at 6PM ET tonight. I think a lot of the run up in the last week is tied to this as a sign of investment legitimacy. You can now trade without actually having a digital wallet. On the flip side, it opens up the ability to bet on downward moves. Some believe the latter will destroy the price. We'll see. Currently at $15,115 as I type this. Many brokers are not allowing retail trades at all or no short positions and 50% margins.
as you can't "borrow" a bit coin,
by definition, all bit coin contracts will technically be "naked shorts" which is a big SEC nono.
Brokers will be very hestitant to hold bitcoins in their own pockets to cover borrowing and shorts for their clients.
as such, you probably need to be an accredited investor to trade bit coin on the CBOE and then find a broker to do the trade with.
quote:Originally posted by g-man:
crypto currencies are the future!!!
everyone buy more!!
heh even more shocking is that folks dont know what the word "fork" means.
quote:Originally posted by spo:quote:Originally posted by g-man:
crypto currencies are the future!!!
everyone buy more!!
heh even more shocking is that folks dont know what the word "fork" means.
What do you like for buying/storing? GDAX?
quote:Originally posted by g-man:
how much money we talking about here? ;-)
.
quote:Originally posted by spo:quote:Originally posted by g-man:
how much money we talking about here? ;-)
.
I just wanted to know where you were putting all those dogecoins
To be honest I am just now starting to think about and look into this and may consider some money I could part with. I'll look at Kraken and Bithumb. Thanks.
quote:Originally posted by g-man:quote:Originally posted by spo:quote:Originally posted by g-man:
how much money we talking about here? ;-)
.
I just wanted to know where you were putting all those dogecoins
To be honest I am just now starting to think about and look into this and may consider some money I could part with. I'll look at Kraken and Bithumb. Thanks.
fool and his gold =)
i dont think the retail player like me has enough money to really make it riskless.
also alot of these exchanges have max withdrawal limits.
quote:Originally posted by VinT:quote:Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US
A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.
Tripled last weekbut has a lot more room to run if the flow results continue to impress.
Bfw
bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.
quote:Originally posted by spo:
Ripple popped!
quote:Originally posted by Italian Wino:
Canopy Growth hit a new high today in the mid US$18s. I am up 260% in 125 days. I think it will be above $30 before Canada legalizes in July 2018.
IW
quote:Originally posted by bfw:quote:Originally posted by VinT:quote:Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US
A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.
Tripled last weekbut has a lot more room to run if the flow results continue to impress.
Bfw
bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.
Why do you think that?
Experienced management partnered with a major oil corp (Statoil).
That sounds like the opposite of a pump and dump.
Anyway, more good news out of them this am and the stock continues to hit new highs!
Bfw
quote:Originally posted by bfw:quote:Originally posted by bfw:quote:Originally posted by VinT:quote:Originally posted by bfw:
VLE.to - Valeura Energy
PNWRF in US
A spec play of mine that is on the cusp of proving up a huge gas find in energy needy Turkey.
Tripled last weekbut has a lot more room to run if the flow results continue to impress.
Bfw
bfw, good for you getting in early, but FWIW, it looks to me like a classic pump n' dump.
Why do you think that?
Experienced management partnered with a major oil corp (Statoil).
That sounds like the opposite of a pump and dump.
Anyway, more good news out of them this am and the stock continues to hit new highs!
Bfw
It continues to print new highs.
I’m sitting on an 8 bagger (800% in a couple months) now with my first purchases at 40 cents.
I’ve added a few more these last 3 weeks as the well results derisked the play.
Looking for $7 by the end of January when everyone finds out how big the resource is (they promise to have the report out by then).
Bfw
quote:Originally posted by Italian Wino:
Canopy continues its trajectory. Now I am up 302% to US$21.13. Also up big on Aphria. 282% gain in 4 months.
IW
quote:Originally posted by sunnylea57:
Bejeebus! Canopy is up over 10% today alone. Now at just shy of $36 CAD.
quote:Originally posted by Italian Wino:
Canopy at US$31 today.
IW
quote:Originally posted by snipes:quote:Originally posted by Italian Wino:
Canopy at US$31 today.
IW
Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.
quote:Originally posted by g-man:quote:Originally posted by snipes:quote:Originally posted by Italian Wino:
Canopy at US$31 today.
IW
Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.
one could argue, that if you were very keen on legalization taht the best bets would be the big boys like RJ Reynolds or Altria.
cuz once the sleeping giant comes around...
quote:Originally posted by snipes:quote:Originally posted by g-man:quote:Originally posted by snipes:quote:Originally posted by Italian Wino:
Canopy at US$31 today.
IW
Crazy huh? Up 17% just today. Makes me wonder how crazy it will continue to get over the next six months if nothing changes with the legalization expectation.
one could argue, that if you were very keen on legalization taht the best bets would be the big boys like RJ Reynolds or Altria.
cuz once the sleeping giant comes around...
I agree with you g-man in a sense. When I saw Constellation brands purchase a 10% position in Canopy that's when I put my $ where my mouth is. No idea what RJ's Canadian tobacco plantations look like and whether they would retool, but American pot investment vs. Canadian are two different animals IMO and Sessions proved that again last week.
quote:Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.
quote:Originally posted by bfw:quote:Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.
Yeah...PNWRF continue up
I agree that both these biotechs look like doubles from here.
I’m playing in some smaller names looking for multi-baggers (with higher risk obviously).
Bfw
quote:Originally posted by WineTrooper:quote:Originally posted by bfw:quote:Originally posted by WineTrooper:
For any biotech people, SGEN and NKTR are ripe for long term holds. I know a guy who works in that space and he feels strongly that SGEN and NKTR are takeout ripened and could be doubles this year or next. Both have impressive products in circulation and some income along with good pipelines.
Yeah...PNWRF continue up
I agree that both these biotechs look like doubles from here.
I’m playing in some smaller names looking for multi-baggers (with higher risk obviously).
Bfw
Which small bios?
quote:Originally posted by g-man:
great call on the nktr btw
quote:Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.
quote:Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.
quote:Originally posted by g-man:quote:Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.
i dont think so
North america just produces soo much damn oil and i dont see it slowing down with mr orange at the head.
that said, hard tangible commodities are always a nice spot to hide some money
quote:Originally posted by bfw:quote:Originally posted by g-man:quote:Originally posted by WineTrooper:
When it happens, I think we see a 15-20% correction with the amount of dumb money in the market now. Maybe Dow 20,000. I’ll be a buyer there and will probably go heavy on oil stocks at that time. We are ripe for a commodity rebound and I suspect that regardless of the market, oil will be a safe play.
i dont think so
North america just produces soo much damn oil and i dont see it slowing down with mr orange at the head.
that said, hard tangible commodities are always a nice spot to hide some money
The US produces just under 50% of its oil needs even after the shale revolution.
Plenty being imported on a daily basis.
Meanwhile, worldwide oil demand grows every year (rapidly lately) and companies have reduced investments globally over the past 3 years.
There is a reason WTI is up from a low of $26 to $65. The Saudis and Russians want it and shale cannot meet worldwide growth alone.
Bfw
quote:Originally posted by ThistlinTom:
I believe that the US is producing 10 MM bbls a day and importing only 2.5 MM bbls a day and overall is a net exporter of energy.
quote:Originally posted by steve8:quote:Originally posted by ThistlinTom:
I believe that the US is producing 10 MM bbls a day and importing only 2.5 MM bbls a day and overall is a net exporter of energy.
Your production number is correct, just recently surpassed the 10 MM bbls per day, but the imports are 8 MM bbls/day. That is the average of the past 4 weeks, which is down about 4% from the same period last year.
You guys need lots of heavy crude, but produce little. Enter Canada, Venezuela and Mexico.
quote:Originally posted by bfw:quote:Originally posted by g-man:quote:Originally posted by steve8:quote:Originally posted by ThistlinTom:
I believe that the US is producing 10 MM bbls a day and importing only 2.5 MM bbls a day and overall is a net exporter of energy.
Your production number is correct, just recently surpassed the 10 MM bbls per day, but the imports are 8 MM bbls/day. That is the average of the past 4 weeks, which is down about 4% from the same period last year.
You guys need lots of heavy crude, but produce little. Enter Canada, Venezuela and Mexico.
Exactly. The Americas make alot more oil than generally given credit for. Oil prices may have been trading up but what's the possible upsidenin putting money in oil? I don't see oil going back to the 100+/barrel range anytime soon esp w markets coming down.
Actually, the US is getting too much credit lately for its rising production.
The world uses about 100 million barrels per day. The US produces about 10 million or 10% of that.
The issue is production is declining in most other nations and OPEC is limiting supplies along with Russia. Venezuela is on the verge of chaos and almost 2 million barrels per day could be lost if they go offline.
The Permian alone (which is where production increases are coming from) will not be able to match world growth alone.
So $100...not this year...but WTI hitting $80 is a significant possibility. This during a time when oil equities are priced for lower levels. In fact, the energy index recently had its lowest level of market cap vs the overall index ever!
So, all oil equities need is for sentiment to change, shorts to cover and move on and they could see significant appreciation.
Bfw
quote:Originally posted by g-man:
Interesting take, that you think the world is acutally going on the up tick where as i think we're entering a softening cycle.
But yes, my rebuttal is simply a reflection of my belief in a down cycle in response to winetrooper, if you think the global economy still has alot of juice left then, my below analysis wouldnt apply.
But!
The Americas, not just the US has a significant amount of Oil supplies, production may only be the numbers you quoted but that clearly doesnt tell the story when oil prices go up. The supply in north america puts a very heavy downward cap on where the
price of oil can rise.
Alot of this has to do with OPEC + Russia agreeing to cut and Venezuela in a shit hole so they cant sell anything.
We're also starting to see that the North Americans ramping up production to the highest in 10 years, OPEC is starting to break @ the 65$ mark and have increased outputs in Jan. Russia has stated that they're going to start pumping more again too.
Add that to a future potential loss of usage when a larger majority of car manufacturers move towards direct electric engines all point to a limited upside to oil in the long run.
I'd say 75$ is the possibility and 80$ is the stretch. but with WTI @ 65$. 80$ only represents a 23% gain. That's a long holding period / risk for so little gain.
vs. the excellent recommendation of NKTR. 14% in 1 week.
quote:Originally posted by bfw:quote:Originally posted by g-man:
you guys are both talking mid-long term projections on oil.
Whereas i'm talking about alternatives to buying stocks if there is a market correction in the immediate short term.
you'll see the price of oil and oil companies are pretty tightly correlated with drops in the market especially with current inventory levels/production levels I gave. so I will restate, it's a very bad buy for so little potential upside in the short term as a hedge against stocks.
A couple thoughts
(1) SPY down about 5% last 5 days. WTI price essentially flat
(2) Total crude inventories in US were up by 56 million barrels in first 3 months last year. The projection for this year is minimal to no build.
So, short term, crude could (and has) definitely outperform the market. What would be really interesting is if at the end of the market correction, some sector rotation occurred and money flowed in to XLE and XOP.
Perhaps Goldman is anticipating this with their recent call for Brent to hit $82.
But, in the interim, if you expect a market correction.....just short the market.
Bfw
quote:Originally posted by wine+art:
I don’t have the energy to jump deep into this thread this morning, but I lost ($37k+) with my oil stocks on Friday.![]()
quote:Originally posted by irwin:quote:Originally posted by wine+art:
I don’t have the energy to jump deep into this thread this morning, but I lost ($37k+) with my oil stocks on Friday.![]()
Yikes.
quote:Originally posted by wine+art:quote:Originally posted by irwin:quote:Originally posted by wine+art:
I don’t have the energy to jump deep into this thread this morning, but I lost ($37k+) with my oil stocks on Friday.![]()
Yikes.
Dividends.... dividends... dividends... I keep telling myself.![]()
quote:Originally posted by g-man:quote:Originally posted by wine+art:quote:Originally posted by irwin:quote:Originally posted by wine+art:
I don’t have the energy to jump deep into this thread this morning, but I lost ($37k+) with my oil stocks on Friday.![]()
Yikes.
Dividends.... dividends... dividends... I keep telling myself.![]()
cash is king ;-)
quote:Originally posted by bfw:
VLE new 52 week high in this horrific tape
Bfw
quote:Originally posted by wine+art:
DAMN!
quote:Originally posted by VinT:
Was that the bottom or just a dead cat bounce?![]()
quote:Originally posted by VinT:
Was that the bottom or just a dead cat bounce?![]()
quote:Originally posted by g-man:quote:Originally posted by bfw:
VLE new 52 week high in this horrific tape
Bfw
heh,
I know literally 0 about canadian stocks and wouldnt even know where to begin looking into anything related to fundamental analysis on these small cap no news but go up 5% stocks =)
but if you got any more tips, let me know![]()
quote:Originally posted by bfw:
Between, you and me...
Bfw
quote:Originally posted by mangiare:quote:Originally posted by bfw:
Between, you and me...
Bfw
love this kind of advice regarding stocks that are up %4-500 in the past month
quote:Originally posted by bfw:quote:Originally posted by g-man:quote:Originally posted by bfw:
VLE new 52 week high in this horrific tape
Bfw
heh,
I know literally 0 about canadian stocks and wouldnt even know where to begin looking into anything related to fundamental analysis on these small cap no news but go up 5% stocks =)
but if you got any more tips, let me know![]()
Well, VLE released the resource estimate last night.
Price targets have been moved close to $10 Canadian.
Between, you and me...this sells for no less than $20 and if not bought this year has a chance for $50-79 per share
Bfw
quote:Originally posted by WineTrooper:
What are the land holdings for VLE in Turkey? They must have bought up/leased tons of it for your valuation to be considered sane?
quote:Originally posted by WineTrooper:quote:Originally posted by WineTrooper:
What are the land holdings for VLE in Turkey? They must have bought up/leased tons of it for your valuation to be considered sane?
Also I note that VLE's unrisked (proven?)estimate of their gas there is over 10 Tcf, with an additional 5 Tcf risked (unproven?).
Pretty impressive because the nat gas production in the entire U.S. in the year 2014 was 13.5 Tcf. Add to this that Turkey has enormous shortages and therefore the price is multiples higher than in the U.S., and I'm a believer in your forecasts.
quote:Originally posted by WineTrooper:
If you read the background it definitely sounds too good to be true. If it was that good it would already be $20 a share.
quote:Originally posted by bfw:quote:Originally posted by WineTrooper:
If you read the background it definitely sounds too good to be true. If it was that good it would already be $20 a share.
I guess that is why Statoil, the 11th biggest publicly traded oil company in the world, has decided to ante up for another well and advance the drilling further in Q3.
There’s clearly risk but “too good to be true” seems intellectually lazy to me.
Anyway, good luck to all in this very choppy market.
Bfw
quote:Originally posted by g-man:
oh and nvda
quote:Originally posted by WineTrooper:quote:Originally posted by g-man:
oh and nvda
Great. If I would have bought it back at 220, it would have reported -11% growth and dropped 40. But no.
Oh well. Maybe it will dip with the market more like AMZN has been doing.
quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
Easy there
Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.
I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...
As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.
Bfw
quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
Easy there
Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.
I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...
As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.
Bfw
oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.
I have 0 reason to trust any rally.
but i refuse to go outright short as i dont trust the downside either.
my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.
anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.
my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.
quote:Originally posted by WineTrooper:quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
Easy there
Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.
I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...
As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.
Bfw
oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.
I have 0 reason to trust any rally.
but i refuse to go outright short as i dont trust the downside either.
my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.
anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.
my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.
NKTR is a very long hold for me. So is SGEN.
As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”
Opportunity will knock soon enough.
I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?
quote:Originally posted by bfw:quote:Originally posted by WineTrooper:quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
Easy there
Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.
I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...
As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.
Bfw
oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.
I have 0 reason to trust any rally.
but i refuse to go outright short as i dont trust the downside either.
my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.
anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.
my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.
NKTR is a very long hold for me. So is SGEN.
As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”
Opportunity will knock soon enough.
I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?
Yes, I think we could see another 10% down in US markets as well.
I also don’t touch long term holdings.
As for sector rotation, the key will be keeping an eye on which sectors come off the bottom (whenever it arrives) better. I think another key will be to see the US dollar index fall.
Interesting times indeed....
Bfw
quote:Originally posted by Shane T.:
Yep...I'll keep increasing my position in VOO. Stay the course, gents.
If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.
quote:Originally posted by g-man:quote:Originally posted by Shane T.:
Yep...I'll keep increasing my position in VOO. Stay the course, gents.
If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.
lol you talking to jack??
quote:Originally posted by Shane T.:quote:Originally posted by g-man:quote:Originally posted by Shane T.:
Yep...I'll keep increasing my position in VOO. Stay the course, gents.
If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.
lol you talking to jack??
Come at me, bro! Lol!!!![]()
If I'm down on VOO by Tahoma 4.0, the Krug is on me. Wanna take that bet?
That is, if VOO is below today's close ($236.79)...
quote:Originally posted by g-man:quote:Originally posted by Shane T.:quote:Originally posted by g-man:quote:Originally posted by Shane T.:
Yep...I'll keep increasing my position in VOO. Stay the course, gents.
If VNQ (REIT ETF) increases their industrial & multifamily shares (especially PLD), I'm long there too.
lol you talking to jack??
Come at me, bro! Lol!!!![]()
If I'm down on VOO by Tahoma 4.0, the Krug is on me. Wanna take that bet?
That is, if VOO is below today's close ($236.79)...
it's not about being up
but by how much, even more so as we get older ;-)
quote:Originally posted by bomba503:
JNUG loaded up near the low on Friday. Could have a bit more to run before I take the profit and go the other way.
All losses recovered from last couple weeks and then some
quote:Originally posted by irwin:
I bought some stock today in Square (SQ).
Don't buy it because I did. It seems like it is on the way up and is supposed to announced good earnings (so the rumor is) shortly. Morgan Stanley has an unfavorable view of it.
It will either go up, go down, or stay the same, unless I am totally wrong about it.
quote:Originally posted by VinT:
Sept 2018 and Jan 2019 GE calls. A small wager that Mr. Buffett will have taken an interest by then.
quote:Originally posted by Captain Cancun:
Anything to do with South Africa and its resource access will be skyrocketing in value with the new political climate that is about to beset it. Precious metals, rare earth minerals, domestic mining companies will all benefit from the imminent disruptions; it's going to be crazy over there!
quote:Originally posted by VinT:
Trade wars are good, and easy to win.
![]()
quote:Originally posted by VinT:
Trade wars are good, and easy to win.
![]()
quote:Originally posted by WineTrooper:quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
Easy there
Perhaps we should discuss the NKTR that you were crowing about lol! $93 to $73 in a few short days. While VLE is up over 10%...hmmm.
I am not directly long oil as I mentioned. I am long some oil equities. They are
mostly down in the correction with everything else. I believe you will see some sector rotation once the S&P and Nasdaq finish their correction. That remains to be seen...
As for Goldman, I am always wary of their calls...I’ve been investing for a long time...but I do fundamental research on the oil markets and I believe you will see them tighter by the end of the year.
Bfw
oh i've been selling every single gain/pop i've got this week. so NKTR was stilla great trade since winetrooper suggested it at 72$ and that was a nice 1 week 10% pick up.
I have 0 reason to trust any rally.
but i refuse to go outright short as i dont trust the downside either.
my goal is to try and close out all positions i enter in the day and exit them first thing in the morning.
anyhow i just found the goldman research amusing. They were harping on tuesday to go fully back in and buy all dips.
my big loser this week, unforutnately is BAC. I was rotating some stuff into financials because i'm hoping raising rates will boost bank profits and dividends in the long run. unfortunately, rotated in too soon. very sad.
NKTR is a very long hold for me. So is SGEN.
As for everything else, I’ve closed out most of it. I am now convinced we see another 10% correction/stagnation for a quarter before rising up. I can’t help but think that the end of the low interest rate party could get messy. That might in itself be the Black Swan, even though it seems “normal” and “expected.”
Opportunity will knock soon enough.
I am however curious about emerging markets and commodities for Bfw’s sector rotation. And yes g-man, the banks....how do they not win?
quote:Originally posted by VinT:
I've been on the SQ roller coaster since August. And now, in typical market fashion, a positive quarterly earnings report has led to a drop in share price. At least after hours - tomorrow is another day.
quote:Originally posted by sunnylea57:
I'm still big on Broadridge (BR). Up 17% since mid-November, despite the market turmoil this past month.
quote:Originally posted by VinT:
Markets tumble after hours as Gary Cohn resigns. *sigh*
quote:Originally posted by Shane T.:
I like Physicians Realty Trust ("DOC") on the dip. Excellent portfolio, lease structures/ tenants, management, and dividend. Long term hold.
quote:Originally posted by g-man:quote:Originally posted by Shane T.:
I like Physicians Realty Trust ("DOC") on the dip. Excellent portfolio, lease structures/ tenants, management, and dividend. Long term hold.
what's interesting about REITs is how much the new tax laws benefit large real estate owners.
interesting space to look at esp if the management is strong.
quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
quote:Originally posted by Shane T.:quote:Originally posted by g-man:quote:Originally posted by Shane T.:
I like Physicians Realty Trust ("DOC") on the dip. Excellent portfolio, lease structures/ tenants, management, and dividend. Long term hold.
what's interesting about REITs is how much the new tax laws benefit large real estate owners.
interesting space to look at esp if the management is strong.
You got it, bro. Great news for my industry.
I also like the cold-storage space right now. Huge space shortage + demand for last-mile deliveries is a great recipe here. Americold ("COLD") just IPO'd this year. That one looks promising.
quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
So, do you still think oil can’t reach $80 this year?
Brent is already at $73 or so.
The energy bull is starting to snort
Bfw
quote:Originally posted by g-man:
I'd say 75$ is the possibility and 80$ is the stretch. but with WTI @ 65$. 80$ only represents a 23% gain. That's a long holding period / risk for so little gain.
quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by g-man:
just like how how oil is going to reach 80$?
reading and blindly believing goldman feels intellectually lazy to me =)
So, do you still think oil can’t reach $80 this year?
Brent is already at $73 or so.
The energy bull is starting to snort
Bfw
we were talking about WTI
not brent.
WTI, last I check is still sitting at 64?
even so, you needed to thank syria to even get at those levels.
personally, I went long BP stock down at 38$ when WTI was sitting at 59.
good long term, good dividends and strongest position out of the big oil co.s
and i'll quote myself back in early febquote:Originally posted by g-man:
I'd say 75$ is the possibility and 80$ is the stretch. but with WTI @ 65$. 80$ only represents a 23% gain. That's a long holding period / risk for so little gain.
i'd say i'm pretty spot on.
quote:Originally posted by WineTrooper:
Give us some names please
quote:Originally posted by bfw:quote:Originally posted by WineTrooper:
Give us some names please
It should be like shooting fish in a barrel.
Here are a few you can research:
CPG, BTE, CVE, DNR, REN
BTW, I don’t mean to sound abrasive or rude but I just hate how the media seems to be misleading us when inventories are crashing.
Bfw
quote:Originally posted by bfw:quote:Originally posted by g-man:quote:Originally posted by bfw:quote:Originally posted by WineTrooper:
Give us some names please
It should be like shooting fish in a barrel.
Here are a few you can research:
CPG, BTE, CVE, DNR, REN
BTW, I don’t mean to sound abrasive or rude but I just hate how the media seems to be misleading us when inventories are crashing.
Bfw
your posts do sound like a Crazy Eddie sales pitch at times =)
I checked some of the stocks you had there.
if you had bought in when we first chatted back in feb 2nd, you would have sat at an average loss of roughly 11% until, literally, yesterday where you broke even.
I won't argue mainstream news vs those in the know news, but it's a little difficult to subscribe to the "commodity markets are so inefficient" that there's is a misprice of a commodity by a significant amount.
but keep the tips coming, always enjoy reading contrarian views to keep my thoughts in check.
I only hold a couple of the ones I listed. I’m still building my positions in them. I hold many others listed such as CJ.to which is still paying me 10% a year in divvies while I wait for more gains in the SP.
Thanks for the tip...however.
Let me know if you can beat my 90% overall portfolio gain from last year
Crazy Eddie over and out....back to studying another new 3 year high for oil despite positive news on Syria :;
As for the commodity being mispriced....I said no such thing...I said it is evidently going higher sooner than most think.
As for the equities being mispriced....yes they are insanely mispriced.
Bfw