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Alas Boobylon posted:^Be careful about RSX i made some money on RUSS during the Ukraine crisis but then switched to RUSL earlier this month. profits gone and then some. There's a lot of reasons for Russia's economy to blow up but hopefully the beating Europe is taking right now will make them give up the sanctions before winter strikes. BouncingBuckyBalls posted:Not likely the sanctions will end. They are working quite well and with oil dropping in price this is just what was being hoped for. If anything oil dropping further without Russia's financing sector responding would be a shock to me, outside of their bank already selling foreign currency to prop up the Ruble. The only problem right now is the Russian population is still in a belief that all is well for their economy while inflation is exploding. Yeah I think Russia is a mess right now...sanctions are starting to hurt, and oil plummeting isn't helping. Not sure how they'll get out from under the sanctions without giving up Crimea and lol at Russia doing that anytime soon. On the flip side, sometimes the best buying opportunity is when the future outlook appears the bleakest.
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Oct 9, 2014 23:13
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What do you guys think of coal? Sure, the industry is getting completely squashed right now because of super cheap gas, but I am batting around the idea of investing in Cloud Peak Energy (CLD). It seems to be the best of major coal producers; CLD has low leverage compared to its closest peers, it is a cost leader in the industry (largely because it operates exclusively in the Powder River Basin), and like its peers, it is selling at pretty goddamn low valuations (0.5x sales, 0.6x book, and under 5x EBITDA). Also, CLD is the only coal producer I've seen that isn't hemorrhaging cash like crazy right now. Lastly, and maybe I'm wrong on this, but I think that coal isn't going to disappear as a primary energy source anytime soon. I believe the EPA projects that coal will still account for something like 30% of domestic energy generation in 2035. Can somebody with more insight into the energy sector weigh in on CLD or on the coal industry?
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Oct 10, 2014 04:16
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Oh the markets. The markets are red. So red.
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Oct 10, 2014 10:55
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tentish klown posted:Oh the markets. The markets are red. So red. Dow futures down 2.4% 
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Oct 10, 2014 12:29
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DEMAG posted:Dow futures down 2.4% you're reading something wrong or perhaps you're reading it combined with yesterday's move...they were down at most .7% this morning.
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Oct 10, 2014 12:54
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Re-shorted UVXY @ 33 since VIX hit 22. Keeping a flat stop at 35 in case markets still feel like selling off again.
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Oct 10, 2014 15:39
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tentish klown posted:Oh the markets. The markets are red. So red. Ugh... I know. I really wish I had more un-invested money kicking around so I could take advantage. I know that the markets will re-bound, but it hurts to see stocks going at discount prices while you can't touch them. 
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Oct 10, 2014 15:48
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Picked up American Airlines at 30.06. Had bids in for TAN and options on AAL, but didn't quite drop low enough. Also opened up an Ebay Jan 2015 call spread, bought the 48 at 5.60 and sold the 55 at 1.87. Extremely happy with that trade, considering the stock is/was at ~52.2.
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Oct 10, 2014 16:11
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Picked up some TKMR on the dip, ebola ya'll 
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Oct 10, 2014 16:54
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Don't know why I didn't get TAN. It's up 2.5% off of where I was going to buy it at 35. I really just thought it could go lower  Timing is such a bitch.
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Oct 10, 2014 17:10
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Why didn't anyone tell us to buy hazmat suit makers?!
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Oct 10, 2014 17:17
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Tech sector is getting reamed in the rear end today. Go shopping, goons.
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Oct 10, 2014 17:28
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Storgar posted:Tech sector is getting reamed in the rear end today. Go shopping, goons. Bought some Intel at the dip. I do not think they will have as bad of an earnings report in the coming days as an early report is suggesting to people. Edit: Seems MCHP had its CEO say chip sales were down for them in Sept. and the market bailed any chip stocks. The CEO said that out of the 80,000 customers it served sales were down. Their big buyers most likely went elsewhere as almost 70% of their business comes from just 10% of their customers and they were not able to meet some demands. If this is true and their company was the only one to lose big sales then they just tanked the market as a whole so they would not look incompetent. 
BouncingBuckyBalls fucked around with this message at 19:43 on Oct 10, 2014 |
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Oct 10, 2014 18:47
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Yeah, not looking too good. Might be a long correction ahead... http://online.barrons.com/articles/micron-tech-insiders-sell-5-7-million-in-stock-1412804503 You loving bastards!!  http://money.cnn.com/2014/09/25/investing/stock-tech-selloff-apple-wall-street/  e. gently caress tech stocks, maaaaaan Storgar fucked around with this message at 21:04 on Oct 10, 2014 |
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Oct 10, 2014 20:09
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Josh Lyman posted:Why didn't anyone tell us to buy hazmat suit makers?! Holy poo poo.
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Oct 10, 2014 20:28
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Heh, stopped out of UVXY so maybe we get an actual 10% correction! On the plus side, nice to see crude catch some kind of a bid.
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Oct 10, 2014 21:44
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it's about loving time, though i'll be damned if i know the catalyst. maybe just a general sense of 'poo poo is hosed and not getting better.'
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Oct 10, 2014 22:02
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I am the absolute worst with trade timing. Decided to scale out of some of my INTC on Wednesday since I have been riding it up a good ~50% over the past year or so. Set a limit sell order for $34.50 (as I am kind of OCD and always pick round numbers slightly above where it is currently trading). It makes it to like $34.35 on Wednesday and I am like "whelp, the volatility will get it in the coming days". Yeah... INTC then proceeds to plummet 7% in seven days pretty much from that point on. The ironic thing is I wanted to use those proceeds to buy into a correction.... Regardless, my portfolio has been beating the market consistently through all this volatility despite owning Ford (ugh) and Intel. God bless utilities. Regarding Ford, it was getting to the point where it was approaching Tesla in valuation. Tesla being a company which loses money manufacturing and selling a couple tens of thousands of automobiles and whose owner and largest shareholder says is overvalued. Ford being a company which makes billions of dollars selling millions of automobiles. I don't know...
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Oct 10, 2014 22:57
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BouncingBuckyBalls posted:
Do you honestly believe this?
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Oct 11, 2014 03:05
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greasyhands posted:Do you honestly believe this? At this point I'm reading articles I usually don't end up on and some may be written by people who want to make sense out of crazy things, which makes the stories quite interesting. What I posted came from a conspiracy group who invested in MCHP or INTC and got hurt today. I did end up buying some more Intel today as I enjoy their products and see them being able to pull of a great quarter, although I am also thinking that we might go further down Monday if Germany keeps talking about how they are falling into a recession which is why I didn't buy all I could afford.
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Oct 11, 2014 03:38
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Cheesemaster200 posted:Regarding Ford, it was getting to the point where it was approaching Tesla in valuation. Tesla being a company which loses money manufacturing and selling a couple tens of thousands of automobiles and whose owner and largest shareholder says is overvalued. Ford being a company which makes billions of dollars selling millions of automobiles. I don't know... I've owned myself repeatedly this year on the basis of "hey, this company is doing well, so their stock price ought to go up" turning out to not be true at all for companies like FEYE and XONE. Especially XONE. I also managed to buy TSLA shares at $169 and sold them at $180 because it was right when the news started coming out about them catching on fire after minor crashes, and I figured "well, that combined with their obviously lacking overall fundamentals compared to established car manufacturers ought to dampen the momentum", and just recently, when I didn't figure SCTY would start to slump just because another small solar company IPOed.
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Oct 11, 2014 07:25
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Do any of you have experience with http://www.choicetrade.com ? $0.15/contract options commission seems pretty awesome...
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Oct 12, 2014 01:44
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Top Bunk Wanker posted:I've owned myself repeatedly this year on the basis of "hey, this company is doing well, so their stock price ought to go up" turning out to not be true at all for companies like FEYE and XONE. Especially XONE. I also managed to buy TSLA shares at $169 and sold them at $180 because it was right when the news started coming out about them catching on fire after minor crashes, and I figured "well, that combined with their obviously lacking overall fundamentals compared to established car manufacturers ought to dampen the momentum", and just recently, when I didn't figure SCTY would start to slump just because another small solar company IPOed. Ford is still a good long term hold in my opinion, which is why I still have them. I feel their products represent more of a reality of future auto models rather than some sort of trendy eco-fantasy (Tesla). The dividend is also really nice.
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Oct 12, 2014 22:57
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Options expiration: Friday or Sat? Options for most stocks seem to nominally expire the third sat of the month. The more popular ones nominally expire every Friday. The market's closed Sat, so how does this work? It seems like in either case, the latest you could lock in a profit (by buying the stock for a put, or shorting for a call) would occur on market close Friday, and the stocks or short and the money paid/gained for them would be usable in your account the following Monday at market open. For the Friday exps, the stocks/money appear on my account on Sat, but are effectively useless until Mon. Don't recall when the Sat exps appear. Dominoes fucked around with this message at 10:20 on Oct 13, 2014 |
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Oct 13, 2014 10:16
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Dominoes posted:Options expiration: Friday or Sat? Options for most stocks seem to nominally expire the third sat of the month. The more popular ones nominally expire every Friday. My understanding is that options expiring on Saturday can still be exercised on Saturday, despite the markets being closed. What can happen is an after-hours announcement or some event after Friday's close that would affect people's sentiment enough to change which strikes are ITM.
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Oct 13, 2014 10:21
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A market open where traders could only hold a bounce for 10min before selling off instead of the complete opposite? Blasphemous!
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Oct 13, 2014 15:39
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Cheesemaster200 posted:Ford is still a good long term hold in my opinion, which is why I still have them. I feel their products represent more of a reality of future auto models rather than some sort of trendy eco-fantasy (Tesla). The dividend is also really nice.
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Oct 13, 2014 18:00
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Tesla is now selling a car that does 0-60 in 3.2 seconds, for $120k. That's supercar territory in terms of acceleration performance. It's ridiculous and it's going to sell like hotcakes. Tesla may or may not actually make money doing it, and I have no opinion about whether their stock price is justified. But their cars are more than just a fad. edit: my mistake, the P85D costs $120. Still cheaper than similar spec ferarris and lambos, and it's a full-size sedan instead of a two-seater mid-engine sports car. Leperflesh fucked around with this message at 18:19 on Oct 13, 2014 |
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Oct 13, 2014 18:16
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Leperflesh posted:Tesla is now selling a car that does 0-60 in 3.2 seconds, for $120k. That's supercar territory in terms of acceleration performance. It's ridiculous and it's going to sell like hotcakes.
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Oct 13, 2014 18:28
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melon cat posted:I'm really torn about Tesla as a company. One one hand, they're so far beyond the other carmakers in their vehicle technology, and have shown themselves able to adapt to changing market conditions very well. And holy hell, is that Model S amazing. But everything they've been doing lately seems to be catering to the wealthier crowd. I'm not sure how much longer their stock price can justify being as high as it is. Yes, I know that the Model 3 is slated for release in 2017. But what happens between now and 2017 in terms of their stock price? More luxury add-ons to vehicles that are way beyond the affordability of most car buyers? Also, what happens when the real release date is end of 2018, and the price is closer to 50k than 30k? I'm not a Tesla hater at all, but I'm just skeptical of some of their claims and the personality cult around Musk. But I would love to be proven wrong.
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Oct 13, 2014 18:30
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melon cat fucked around with this message at 04:24 on Mar 16, 2019 |
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Oct 13, 2014 18:43
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http://finance.yahoo.com/news/gopro-shares-getting-crushed-report-145653729.html Yikes
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Oct 13, 2014 20:36
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Top Bunk Wanker posted:If I want to profit off of ebola's imminent introduction into Ivory Coast, and I don't have the resources to buy cocoa futures directly, would it make more sense to buy NIB or CHOC, or some of both? What did you decide to do on this one?
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Oct 13, 2014 21:35
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gently caress this poo poo im investing in bonds
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Oct 13, 2014 22:26
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Storgar posted:gently caress this poo poo im investing in bonds Is the bottom in already?
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Oct 13, 2014 22:29
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Baddog posted:Is the bottom in already? probably not. But tech isn't looking so good... I'm out. Maybe I'll come back later. Thank god for utilities.
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Oct 13, 2014 22:34
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melon cat posted:But everything they've been doing lately seems to be catering to the wealthier crowd. I'm not sure how much longer their stock price can justify being as high as it is. Yes, I know that the Model 3 is slated for release in 2017. But what happens between now and 2017 in terms of their stock price? More luxury add-ons to vehicles that are way beyond the affordability of most car buyers? Luxury brands can be highly profitable, but I agree that it will be years before we know for sure that Tesla will be a viable long-term profitable luxury carmaker. This is why I regard Tesla stock as highly speculative (even moreso than any single stock in general). I suspect the speculators who will get rich from Tesla got in ages ago, and that at this point there is little if any upside... but never underestimate the ability of speculators to further inflate a security's price. Aside from that, I assume that between now and 2017, Tesla will sell cars. I see no sign that they will find themselves able to produce enough cars to completely satisfy demand, and that means they'll be under little or no price pressure. They will recoup the development costs of their existing offerings, while plowing all profits and additional borrowed money into the development costs and manufacturing expansion for their future products. At some point perhaps they will find themselves in financial trouble due to overly ambitious growth, etc. but that's just anyone's guess at this point. I think it's funny in a way how obsessed this thread is with Tesla (and Apple). They're nerdy geek products/companies which I guess attract nerdy geek Goons? But as a result they're the focus of far more speculation and hype than I'm comfortable with as investment options. I'd rather invest money in something where I can have at least a little bit of confidence that the stock price is based on some semblance of rational assessment of the company's fundamentals. If such a thing actually exists. The truth is I'm not buying individual stocks these days anyway, I mostly read this thread because I think I might be dabbling in the market in a few years, and I want to be well-educated about it when that time comes.
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Oct 13, 2014 22:37
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Leperflesh posted:I mostly read this thread because I think I might be dabbling in the market in a few years, and I want to be well-educated about it when that time comes. this thread is definitely the place you want to be 
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Oct 13, 2014 23:00
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nebby posted:You might want to be careful there thinking that Tesla is trendy eco-fantasy. I just bought a model S for my wife, she doesn't care about being green, the car is just loving incredible. So is a Ferrari. It isn't that I think the car isn't awesome, I just don't see the whole electric car thing catching on in the way that people expect. $90k is a lot of money, and even if they can bring it down for regular people, there is no guarantee that they will want to deal with an electric car on a day to day basis. Add in $85 oil, and Ford's new 30-35 MPG cars and trucks make much more sense. Besides, if the market changes in this regard maybe I will loot at them later down the right. They are really risky right now in that they aren't really making money and the only thing they are good at is increasing their CAPEX for this mystical future demand. quote:gently caress this poo poo im investing in bonds Cheesemaster200 fucked around with this message at 23:10 on Oct 13, 2014 |
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Oct 13, 2014 23:05
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mindphlux posted:this thread is definitely the place you want to be LOL well... not exclusively this thread, but I've generally gotten very good results when I want to learn more about a thing, by reading the relevant forums/threads about it on SA. See: how to work on my car (AI), how to keep bees (beekeeping thread), how to do my taxes, how to fix my house's wiring, how to play videogames, what lenses to buy for my camera, how to cook a perfect steak, what to feed my cats, etc. So far from this thread I have learned how to make snarky posts about other people's borderline gambling stock market strategies. I'm sure once I am also a rich person this information will serve me in good stead.
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Oct 13, 2014 23:07
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