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    Stocks - r/Stocks Daily Discussion Monday - Feb 21, 2022

    Stocks - r/Stocks Daily Discussion Monday - Feb 21, 2022


    r/Stocks Daily Discussion Monday - Feb 21, 2022

    Posted: 21 Feb 2022 02:30 AM PST

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    I bought TSLA in 2021 should I sell and take the L?

    Posted: 20 Feb 2022 04:31 PM PST

    Bought TSLA at it's last spike (1100) - my plan was just to ride the wave a bit and then sell it again. That never happened

    Now I'm in the situation that I have to sit and wait for everything to get better. I would loose a lot of money, especially since I bought some extra shares on a credit base (that's the main reason why I can't just wait a few years for the stock to recover)

    In order to maintain the hold on those stocks I'd need to sell a few stocks again (sold already a few).

    What do you guys say - take the L and sell all TSLA or sell a few and hope that it recovers.

    submitted by /u/FedeAusWien
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    Do you think Cathie Wood is right to say: "the idea of shorting innovation is, in America, ridiculous I think."

    Posted: 20 Feb 2022 06:49 PM PST

    A few days ago, Cathie Wood did an interview with CNBC where she talked about the bear market that technology stocks are currently facing.

    Specifically, Wood responded to the launch of the Short Innovation ETF, an ETF created by Tuttle Capital Management that seeks to produce the inverse daily returns of Ark Invest's flagship Disruptive Innovation ETF.

    Since its launch late last year, the SARK ETF has soared 55% while the ARKK ETF has declined by 42% over the same time period.

    "They're [Tuttle Capital] shorting innovation and that seems to me, over time, that's not going to be a business if you ask me. But they're also not doing any research. They're simply shorting innovation. If they were doing research and could point us to reasons why what we [own] is not going to participate in the new world order, then we might have a conversation about it. But the idea of shorting innovation is, in America, ridiculous I think," Wood said.

    In my view, she does have a legitimate point. Of course, I understand first that many technology stocks that achieved sky-high valuations during the pandemic did so only because of cheap money, low-interest rates, and behavioral and societal changes; and that the high valuations achieved are not sustainable nor are they justified.

    But, looking at the long term, shouldn't technology be in a bull market? The pandemic seems/feels like an inflection point for technology and advancements that those who fail to foresee and capture will be left behind. Things are only ever going to become more digitized, the way we live will change, so shorting innovative technology stocks in the long term seems foolish.

    This is just my two cents. Of course, I understand the idea of waiting out the bear market to get a better entry point for most of these stocks, as the volatility due to the Russian-Ukraine tensions, Inflation, and interest rates make it difficult to enter currently.

    submitted by /u/doubleoh72
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    The Bubble has Already Burst!

    Posted: 20 Feb 2022 04:36 PM PST

    A lot of people here are wondering if the equity bubble is going to burst but you're failing to realize it already has in many aspects of the market. High flier mid-small caps are all down over 50% + from their highs in an extremely short period of time and the only equities left are large caps which will be the last to fall. The only reason we haven't seen this bubble burst in a similar fashion to 2000 is that the large caps which make up the majority of indexes are barely holding up even though they are over valued.

    Here are some example of stocks this sub loved before and they've now gotten obliterated.

    PLTR - 70% from it's highs

    PYPL - 66% from it's highs

    NFLX - 43% from it's highs

    SQ - 65% from it's highs

    NVDA - 28%, MUCH more to come

    And there is a lot more.

    The bubble has already burst in most places just some of the large caps are left.

    Good luck everyone.

    submitted by /u/Miladyboi
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    The Google split

    Posted: 20 Feb 2022 09:44 PM PST

    So here is the quick rundown for Google. It's currently 3 classes of shares. Class A ($GOOG), Class B (preferred) and class C (GOOGL). Both class A and class C should have the same value on the markets however the only difference is the Class C ($GOOGL) has 1x value of voting rights. This however is irrelevant as class B owns 10x the voting rights per share and is a majority ownership by Page and Brin. In short, not important.

    So now the split. It is defined as an owner of any 3 of the class shares owned in July 1st will receive 19 additional shares on july 15th (20:1 split).

    Historically a stock split starts to run 30-60 days prior to stock split (see AAPL or NVDA as recent behemoths to do so). So price action will begin likely in May although this has no physical impact on the company as a whole… or does it?

    Opinion piece: I believe that Google is doing this split for 1 main reason, to get onto the Dow Jones industrial average. At a 20:1 split at current prices Google shares will trade at about $130. An underperforming blue chip company in the Dow right now is IBM, which happens to be at $135, making it a relatively easy transfer.

    Naturally for funds to balance their portfolio they will buy the incoming company causing the stock price to rise as well once announced.

    Given these are hypotheticals, I am also looking at googles growth, and in short their recent earnings has just been a blowout with more to come.

    As a result, I will be entering a position of 20 shares of $GOOGL Tuesday morning and cost averaging on a monthly basis until May to put my money where my mouth is.

    Feel free to add additional commentary

    submitted by /u/always_plan_in_advan
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    Are old stock share certificates still able to be sold?

    Posted: 20 Feb 2022 04:44 PM PST

    Sorry if this isn't allowed, looked at the rules but couldn't find a definitive answer.

    I have a stock certificate of 20 shares for $100 each from the Kentucky trust company of Louisville in 1882. Is it possible to "collect" from it now?

    submitted by /u/jmarket56
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    Updates on New Investors in 2021

    Posted: 20 Feb 2022 10:12 PM PST

    I remember back in August of 2021 posts of people in their 20s sharing their investment journeys and their overwhelming joy about their success in the market

    They would share:

    • how much studying they did on TA in order to succeed
    • how they sacrificed a lot to become a seasoned day trader at the ripe age of 21 and they see things in the market that no one else does to achieve above average returns
    • how they applied the principals of Buffet and followed long term investment strategies to beat the market over a 6 month time frame

    My question is, where are these posts now?

    Why did they all go quiet?

    Where are the updates?

    Where are they now?

    I miss hearing those underdog stories

    submitted by /u/sonacarl
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    How do day traders actually...do things?

    Posted: 20 Feb 2022 12:05 PM PST

    Newbie here, trying to learn about stock trading and practice with non-existent money before I actually try things out. Out of all the YouTube guides and pages I've read, they cover a lot of concepts — candlestick patterns, moving averages, paying attention to the news, etc — but so few of them actually cover the specifics.

    Where do you get your financial news from? How do you incorporate that news into your trading strategies? How do you even find/pick stocks to trade? What do you use for stock trading?

    submitted by /u/TomBomb24_7
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    Can't e-File Taxes for CA State Return (Robinhood user)

    Posted: 21 Feb 2022 01:01 AM PST

    Got this strange message while *filing withp HR Block:

    // Unfortunately, you can't e-file your California return this year.

    This is because: - Pattern constraint failed for the schema element PropertyDescription having value 1 APA 01/15/2021 CA.//

    Now, there's waaayyy more than 1 pattern constraint failure in the whole list, buy what does it mean?

    I also got this message:

    // "You'll have to print and mail your 2021 return instead. Also, the forms for California aren't ready yet, so you won't be able to file your California return until they're finalized. In the meantime, take a break. We'll let you know when the forms are ready." //

    BTW, Federal Return went through without a problem.

    So, does CA Not have the Robinhood documents in their system yet? Is this truly a waiting game at this point or is it worth going in to a brick and mortar HR Block to talk to someone?

    Any clear help from you experienced traders would be greatly appreciated!

    submitted by /u/Muterces
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    Let's talk about overvaluation

    Posted: 20 Feb 2022 03:17 PM PST

    We've been seeing many occurances of stocks with overblown P/E ratios start to return to earth recently, with Roku being the latest example.

    With the current state of macroeconomic factors(inflation, impending raises in interest rates, supply chain issues) coupled with the recent political climate(possible war between Ukraine and Russia, people running out of unemployment and stimulus checks no longer being handed out): the average person is being hit with the realization that we at best are due for a correction and are at worst heading toward a recession.

    There is a lot of money to be made on the way down just as there was on the way up. We are heading into a time where even if a company has a great earnings report, they are still hit with the reality that the growth of the market the last couple years is unsustainable and their share price subsequently will also take a big hit.

    We are going to continue to systematically see companies return to fair value, those with the highest P/E ratios being the biggest victims.

    Which companies and sectors do you guys see being next to fall or continue to fall?

    submitted by /u/tothemooon86
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    Thoughts of Alibaba (BABA) before earnings report on 24th.

    Posted: 20 Feb 2022 12:37 PM PST

    Basically the title. Do you think the price will go up or down following the release? I want to see what the consensus is from my fellow redditors.

    I hold BABA in my portfolio and am planning on holding for years. But I may do a quick leveraged trade depending on the consensus.

    submitted by /u/SomeOneRandomOP
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    Wilshire 5000 or SP500?

    Posted: 20 Feb 2022 07:44 PM PST

    Hello, first time on this sub.

    I'm doing a high school math project for IB where I'm looking at the effects of inflation on the stock market. I researched and narrowed down to Wilshire 5000 and s&p500 as the two indexes that best represent the overall American market. Which one should I choose? I'm thinking of Wilshire because it covers more companies but sp500 is well known and has the larger cap companies. Would it make a major difference as to which one I choose?

    Any insight would be helpful here.

    submitted by /u/Reasonable_Tea_9825
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    What to do in the face of extreme uncertainty?

    Posted: 20 Feb 2022 03:11 PM PST

    I have been investing money for long term now for a year and I saw some nice positive gains (unrealised) late last year until now where everything is dropping.

    I only have about 10-15K USD invested so not much but I am only 23 living in New Zealand. Putting 33% of my income into mostly eCommerce, tech, energy and semiconductor stocks plus some total market stuff like VTI and VXUS.

    My biggest issue right now is uncertainty about what's going to happen next. Will there be war with Russia? What will that to do to the markets? Will China make a move on Taiwan too while the US is distracted? What sort of supply chain shortages could we see and the impact on the market? etc

    For reference I have probably bought one stock (SHOP - Shopify) far too high with a -40% average return right now but most of my other stocks and ETFs are overall down -5% to -10%. My profile is only down -16% overall.

    Just don't know what the best course of action is right now - hold my stocks and DCA or put my money into something more stable? What do you think? I think I should DCA Shopify at the very least.

    submitted by /u/DerWilhelm
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    To DCA or diversify

    Posted: 20 Feb 2022 11:14 PM PST

    So I started investing last December (great timing, I know). Am about 5% down on the portfolio but am not to worried as I am in it for the long haul. At this time I have about €150 euro a month to invest and I'm just thinking about what would be the best move would be for me, to DCA or to diversify. Any advise?

    Positions:

    Stocks PNL: 4% SONO: 7% AGN: 3% TKWY: 11%

    ETF VUSA: 64% IIND: 6% CLWD: 5%

    submitted by /u/mtthplysr
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    What Repetitive Tasks Related to Stock Trading do You Hate Doing?

    Posted: 20 Feb 2022 01:49 PM PST

    I'm a developer, have some free time and want to build some small utilities and tools.

    What are things you do a few times a week or more using an existing website or app that kinda sucks or that you have to do manually?

    I'm thinking maybe tasks where you need to look up stats, pull reports, do calculations or do a boring and manual repetitive task.

    submitted by /u/AviatorPrints
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    Who are the ones the sell/buy stocks on the weekends after closed hours?

    Posted: 20 Feb 2022 04:01 PM PST

    As the title says, I'm wondering about the people/companies that can sell or buy on weekends? I just opened IG and I already see the NASDAQ 100 and S&P 500 down by around 1%. The market isn't even open and it is already falling.

    submitted by /u/Ripped_Guggi
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    Short-Term Use of Cash

    Posted: 20 Feb 2022 03:56 PM PST

    I recently received a windfall of about $50k and I am thinking about the best way or ways to put it to use over the next three to six months before I close on an investment property.

    My first thought was to put it into SPY while it is pulling back.

    My second thought was to divide it up among Apple, John Deere, Coca-Cola, and Lowe's for a bit of diversification.

    My third thought was to leave it as some "dry powder" in case the market pulls back further this month and then make a move.

    What are your thoughts?

    submitted by /u/Taco_Man_1976
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