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[ipukespiders]

I'm pretty sure someone here posted to get on the Ethereum train late last year or early this year. Ouch...I did not listen.

Just imagine if it's worth $34,000 in 5 years from now.
"Why didn't I get on the train at $3,400?"

 

[ManofOne]

 

[ManofOne]

ConocoPhillips in rally mode after Q1 beats, plans for buybacks and Cenovus sale​

• ConocoPhillips (NYSE:COP) +2.3% pre-market after reporting stronger than expected Q1 earnings, announcing plans to resume stock buybacks and saying it expects to start selling off its 10% stake in Cenovus Energy (NYSE:CVE).
• The company swung to Q1 GAAP earnings of $1B, or $0.75/share, from a year-ago loss of $1.7B, or $1.60/share, while revenues more than doubled to $10.56B from $4.81B a year earlier.
• Q1 production excluding Libya rose 16.4% Y/Y to 1.49M boe/day, 30% above the 1.14M boe/day output in Q4 2020.
• Conoco's Q1 total average realized price was $45.36/boe, much higher than the $33.21/boe realized in Q4 2020, reflecting higher marker prices and Winter Storm Uri's impacts on gas realizations.
• The company forecasts Q2 production excluding Libya of 1.5M-1.54M boe/day, reflecting the impact of seasonal turnarounds planned in Europe and Asia Pacific.
• Conoco said it has resumed stock buybacks at an annualized rate of $1.5B, and plans to start selling off its Cenovus Energy stake in the current quarter and complete the sales by year-end 2022, using the proceeds to fund share buybacks.
• Conoco also said it plans to reduce debt by $5B over the next five years.

 

[CrankyJay™]

Everything is barfing again. How much longer can this go on for?

 

[GHG]

Nowhere to hide today.

Let's see how long it lasts for this time.

 

[ManofOne]

Everything is barfing again. How much longer can this go on for?

I think it will continue to next inflation report. However stocks are bullish

 

[ManofOne]

Despite 90% of stocks beating earnings and 67% of them raising guidance. The market is lower.

That's telling about valuation concerns and inflation outlook.

The market is expected to raise forecast 4600 but i'm sticking to my forecast of 4450.

 

[CrankyJay™]

I think it will continue to next inflation report. However stocks are bullish

I guess just not mine. Warran Buffet bitching about SPACs and the revived talk about longer prescription drug prices.

 

[ManofOne]

I guess just not mine. Warran Buffet bitching about SPACs and the revived talk about longer prescription drug prices.

Yah ppl no longer need financing via him. Remember ppl use to go to him with terms of preference shares but PS are a double edge sword to the company b/c dividends are guaranteed.

In this case SPAC don't need all that nonsense.


He's also concern about inflation and federal deficits.

 

[dem]

Do.. not.. like

 

[GHG]

I guess just not mine. Warran Buffet bitching about SPACs and the revived talk about longer prescription drug prices.

Him and Monger bitched about everything under the sun at their shareholder meeting.

Cryptos, day traders, retail traders, SPAC's, share prices, etc.

 

[ManofOne]

Him and Monger botched about everything under the sun at their shareholder meeting.

Cryptos, day traders, retail traders, SPAC's, share prices, etc.

Gotta disagree with you there.

That war chest is waiting and when things go south which i expect they will sometime in the next 15-18 months, WB will be laughing to the bank

 

[Raven117]

Gotta disagree with you there.

That war chest is waiting and when things go south which i expect they will sometime in the next 15-18 months, WB will be laughing to the bank

As always. I don’t know nothing about nothing but it seems we are entering the period of very disciplined trading where if you chase shiny things, you have a real risk of catching the falling knife

 

[GHG]

Gotta disagree with you there.

That war chest is waiting and when things go south which i expect they will sometime in the next 15-18 months, WB will be laughing to the bank

That meant to say "bitched" not botched.

Bloody autocorrect

As always. I don’t know nothing about nothing but it seems we are entering the period of very disciplined trading where if you chase shiny things, you have a real risk of catching the falling knife

I tend to buy on the way down with increasing amounts the further we go down. So I'll probably buy a little today then see what it does for the rest of the week. If it's fallen further I'll buy even more next week, rinse, repeat.

 

[ipukespiders]

Well, this is an interesting day.

 

[DarkestHour]

Thanks, Janet.

 

[ManofOne]

 

[dem]

Scared to log into my account

 

[Raven117]

Medium term inflation is under appreciated......

 

[godhandiscen]

I got r3kt today.

On the positive side, I am happy to be completely desensitized to these swings by now. I remember when I used to feel terrible about these, but now I can ignore it.

Picked more AAPL and NET.

 

[ManofOne]

Yellen says rates may have to rise to prevent ‘overheating’​

US Treasury secretary Janet Yellen warned on Tuesday that interest rates may need to rise to keep the US economy from overheating, comments that exacerbated a sell-off in technology stocks. The former Federal Reserve chair made the remarks in the context of the Biden administration’s plans for $4tn of infrastructure and welfare spending, on top of several rounds of economic stimulus due to the pandemic. “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat, even though the additional spending is relatively small relative to the size of the economy,” she said at an event hosted by The Atlantic magazine. “So it could cause some very modest increases in interest rates to get that reallocation. But these are investments our economy needs to be competitive and to be productive.” Investors and economists have been in heated debate as to whether the trillions of dollars of extra federal spending will cause a jolt of inflation, as well as whether stimulus cheques already sent to consumers are contributing to a market rally that has taken equities to record levels.

Just a month ago everyone was singing leave interest rates alone and inflation was transitory.

NOW everyone is singing a different tune. I told ya'll these people have no fucking clue what their doing. Its basic economics 101, inflation rises, rates have to rise. They''re fueling risk taking and the longer they wait, the worst everything gets.

 

[godhandiscen]

Just a month ago everyone was singing leave interest rates alone and inflation was transitory.

NOW everyone is singing a different tune. I told ya'll these people have no fucking clue what their doing. Its basic economics 101, inflation rises, rates have to rise. They''re fueling risk taking and the longer they wait, the worst everything gets.

Do you see tomorrow being another super red day?

 

[ManofOne]

Do you see tomorrow being another super red day?

Possibly but the market as I said is bullish so it could just shake off these comments turn green

 

[godhandiscen]

Possibly but the market as I said is bullish so it could just shake off these comments turn green

Yeah I figured I better catch this dip. Thank you.

 

[ManofOne]

NVM

 

[AmuroChan]

Brutal day.

 

[TheUsual]

Anyone hold Smile Direct Club like me? SDC.
Terrible news with the market and they let people know of a cyber security issue.

I dropped 17.87% percent today almost wiping out all my gains. So close to over 1 year of holding as well. Guess I'll have to hold on a bit longer.

 

[GHG]

This is killing me.

Think I'm gonna just buy some ITM call options that expire in 2023 then never look at my account again until then.

 

[GHG]

ManofOne

What's your plan with LTHM after earnings yesterday? Personally I sold out of my position during the rally today and kept a single share (@17.37) to act as a tracker share and will buy back in when it cools off.

I think its potentially going to be another couple of years before we see anything significant, it looks like they are banking on increased production from 2023 onwards so it might be a little rocky until then (especially if the market becomes less speculative over the next 12 months).

 

[ManofOne]

ManofOne

What's your plan with LTHM after earnings yesterday? Personally I sold out of my position during the rally today and kept a single share (@17.37) to act as a tracker share and will buy back in when it cools off.

I think its potentially going to be another couple of years before we see anything significant, it looks like they are banking on increased production from 2023 onwards so it might be a little rocky until then (especially if the market becomes less speculative over the next 12 months).

I have 500 shares in it still. No loss of my back. Just a very small position just to keep tabs on it and hopefully recoup some losses.

 

[GHG]

I have 500 shares in it still. No loss of my back. Just a very small position just to keep tabs on it and hopefully recoup some losses.

Yeh I didn't see anything to be alarmed about so I think anyone in at around today's prices will be good in the long run.

At the moment I'm just trying to make an effort to get in at lower prices with my longer term growth positions rather than to simply ride them out and average down. Could bite me of course as anything could be set to rocket on any day but it's the risk I'm willing to take at the moment. There's a long long way to go for some of these companies.

 

[ManofOne]

Yeh I didn't see anything to be alarmed about so I think anyone in at around today's prices will be good in the long run.

At the moment I'm just trying to make an effort to get in at lower prices with my longer term growth positions rather than to simply ride them out and average down. Could bite me of course as anything could be set to rocket on any day but it's the risk I'm willing to take at the moment. There's a long long way to go for some of these companies.

I think it could fall to $16.00 but I lost like $4300 on the stock already. I recouped some losses. Its just a long haul company as I stated when I touted the company. EV is gonna take some time to adjust their tech and it rises and falls in accordance to the wider EV market which is lagging

 

[GHG]

I think it could fall to $16.00 but I lost like $4300 on the stock already. I recouped some losses. Its just a long haul company as I stated when I touted the company. EV is gonna take some time to adjust their tech and it rises and falls in accordance to the wider EV market which is lagging

Holy shit how did that happen? Did you sell some in the feb/march sell-off?

Yeh I'm waiting for low 16's to buy my first portion and then I'll wait to buy a second portion in case it hits 15 or below again at any point. I originally bought much much higher than those numbers but managed to get out of it by averaging down to 17.37 but had to massively oversize my position in order to do it.

Also what are your thoughts on PLL?

 

[ipukespiders]

Holding LAC for the long term.

 

[ManofOne]

Holy shit how did that happen? Did you sell some in the feb/march sell-off?

Yeh I'm waiting for low 16's to buy my first portion and then I'll wait to buy a second portion in case it hits 15 or below again at any point. I originally bought much much higher than those numbers but managed to get out of it by averaging down to 17.37 but had to massively oversize my position in order to do it.

Also what are your thoughts on PLL?

Tbh I never checked out PLL fully. I have to check them out to give an opinion.

 

[longdi]

stonks have made a fast recovery, cant even get my monthly dca in for the dips

you know the SPY will grow 12% p.a, or supposed to. Right now we are at 12%, feels like better to wait for the dips..

 

[AmuroChan]

Anyone interested in the Honest Company IPO?

 

[BigBooper]

XOM's making me proud this week. Not so much MSFT. I've already been lowering my average price on it.

 

[down 2 orth]

ManofOne , if interest rates go up substantially and inflation hits hard, are there any stocks that will be driven higher as a result?

 

[ManofOne]

ManofOne , if interest rates go up substantially and inflation hits hard, are there any stocks that will be driven higher as a result?

Interest Rate sensitive stocks and commodities. Financials, Insurance, Real Estate and commodities.

 

[GHG]

Completely flat today, literally. P&L for the portfolio is -$2 for the day.

 

[infinitys_7th]

Interest Rate sensitive stocks and commodities. Financials, Insurance, Real Estate and commodities.

VAW's being doing pretty well for me over the past few weeks.

 

[ManofOne]

TWO stocks I'm looking at, PTON and ETSY. Both oversold right now.

Fair value of PTON is 105 and fair value of ETSY is 136.

I expect ETSY to hit the lows of 155 and then uptick from there.

 

[ManofOne]

 

[HoodWinked]

Oh look the US subsidizing the world's healthcare as always.

 

[ManofOne]

Oh look the US subsidizing the world's healthcare as always.

They're backing it publicly but not releasing it otherwise. I think its a play to satisfy public opinion but we will see. The stocks look healthy for a buy.

 

[HoodWinked]

Ya PTON tanked cause they are recalling 125k treadmills. The logistics for that seem insanely expensive.

 

[ManofOne]

Ya PTON tanked cause they are recalling 125k treadmills. The logistics for that seem insanely expensive.

yep. Also a great opportunity to buy for a long run.

 

[ManofOne]

FASTLY PUTS BABY!!!!

​

Fastly stock down sharply after downside guidance, CFO transition​

• Fastly (NYSE:FSLY) shares plunge nearly 14% after first quarter results met revenue estimates, reported a wider than expected loss, forecast a downside Q2, and announced a CFO departure.
• For Q1, sales were up 35% to $85M and the loss per share was $0.12, one cent worse than expected.
• "We saw strong demand in the beginning of 2021 as we continued to bolster our edge cloud and security offerings. We delivered revenue of nearly $85 million, up 35% year-over-year, with our total customer count1 (excluding Signal Sciences) increasing to 2,207, up from 2,084 in Q4 2020 and enterprise customers1,2 increasing to 336, up from 324 in Q4 2020. In addition to generating new demand on the platform, we continued to execute on our land-and-expand strategy with average enterprise customer spend1,2 increasing to $800,000, up from $782,000 in the prior quarter, and another strong DBNER of 139%," writes CEO Joshua Bixby.
• CFO transition: Adriel Lares will step down after five years in the job but will remain with Fastly until a replacement is found.
• The Q2 guidance includes $84-87M in revenue (consensus: $91.72M) and a loss per share of $0.16-0.19 (consensus: $0.08 loss).
• The full-year view includes revenue of $380-390M (consensus: $381.56M) and a loss per share of $0.35 to $0.44 vs. the $0.37 loss consensus.

 

[ManofOne]

​

PayPal stock climbs after 2021 guidance boost, better-than-expected Q1 earnings​

• PayPal Holdings (NASDAQ:PYPL) stock jumps 4.1% in after-hours trading after the fintech boosts expected 2021 non-GAAP EPS growth rate to ~21% to ~$4.70, from its previous guidance of 17% growth.
• The per-share figure beats the $4.57 consensus estimate.
• 2021 revenue guidance of $25.75B vs. prior view of $25.5B; consensus estimate $25.7B.
• Sees 2021 total payment volume growth ~30% at current spot rates and on foreign exchange neutral basis, up from its previous guidance of high 20s.
• The guidance boost and its better-than-expected Q1 results show that the company expects the surge in digital payments to continue growing after the pandemic.
• Q1 non-GAAP EPS of $1.22 vs consensus of $1.02; compares with $1.08 in Q4 2020 and $ in the year-ago quarter.
• Q1 net new active accounts of 14.5M vs. 16.0M in Q4; ends Q1 with 392M active accounts, up 21% Y/Y.
• 4.4B payment transactions, unchanged from Q4 and up 34% Y/Y.
• Q1 total payment volume of $285B, up 50% Y/Y vs. Visible Alpha consensus of $235.4B.
• Venmo processed ~$51B in TPV in the quarter vs. $43.5B Visible Alpha estimate and $47B in Q4.
• "Our strong first quarter results demonstrate our business as the world shifts into the digital economy," said President and CEO Dan Schulman.