patrick.net

BayArea says

TSLA

I try to stay away from stocks that I need a firm stop loss ...

That limits though trading opportunities

ya probably smart...

Fitbit is also attractive as you pointed out... shoooooort term though

77% down on the year, ugh.

BayArea says

shoooooort term though

Very small ( this thing can fall to below 5) with one bad report...

Before getting in bigger, need to see a stable area ... even though that might take some time, it prevents falling knife thesis ...

TWTR at 14
GPRO at 9-11
ATEN at 4-6

Takes time and a lot discipline ... but it does prevent from wasting capital.

Obvious long term investment thesis is much different than this above

I'm starring at all the charts and totally undecided between TLSA, FIT, and GPRO at the moment. Hmmmmmm

Market is flirting with historic highs today

10's

Market swing is epic, it's a bit too much on both short term

OK, bought a position of FIT at $9... Will watch this one closely.

Do you think Bonds will continue to rally? Or long term down trend still intakt?

SubOink says

Do you think Bonds will continue to rally? Or long term down trend still intakt?

2015 we had a more aggressive sell off in bonds that what we had in 2016

This last move is headline and event driven, that is a big deviation from trend move

As always I stick to my 10 year channel 1.60% - 3.04%

European crisis takes us below 1.60%

Spain 2012
Brexit 2016

Short lived events

so this is just temporary...

BayArea says

OK, bought a position of FIT at $9... Will watch this one closely.

I've been looking to invest into a IoT company and FIT is one the fore-front. We'll see...

Our president is in real estate, that's where to invest.... Construction companies. There will be contracts to rebuild America

MASI all time high today

I would not buy any of the stocks mentioned in this thread so far. It's almost all based on short term speculation. That and what the fuck does Go Pro or FitBit make that someone else can't rip off and sell for less?

No mention on the tiny rate hike from today?

zzyzzx says

I would not buy any of the stock mentioned in this thread so far.

A valid point here, a lot these stocks needed to be purchased earlier in the year and I am very sure none bought MASI which hit a all time high at the close

Oh well, back to trashing America

Logan Mohtashami says

MASI

That's a good one went up 30%, nice. No dividend but who cares.

indigenous says

That's a good one went up 30%, nice. No dividend but who cares.

They have given special D before, with the lawsuit against Phillips all done none they have some cash to work with and new deals.

I admit, this has done a lot better that I could have ever imagined and many years of not doing much, oddly enough because of that accumulation happened

Kind of torn on the next selling point here, but a good problem to have

HP was the real dollar oil call but 100% out of that

zzyzzx says

I would not buy any of the stocks mentioned in this thread so far. It's almost all based on short term speculation. That and what the fuck does Go Pro or FitBit make that someone else can't rip off and sell for less?

There is nothing they make that won't eventually show up on the iPhone. Just buy Apple stock.

I think Gold and Bonds are a good value right now.

Ironworker says

Gold

You can trade gold as long as you have a stop loss under 1040

Now Bonds have a lot more value now than a few months ago for sure..

At a 2.57% print today

Tomorrow is key, no reversal

The lower lows and lower highs on the 10 year are gone, that officially ended today with a close over 2.50%

time for a 2017 thread

This was a bad call

Logan Mohtashami says

This was a bad call

At least they got the Trump part right.

Need 2017 thread nowadays

2016 is over :)

indigenous says

At least they got the Trump part right.

HMI and NFIB data lines are our first raw look on what business thinks here...

Can't wait for 2017, going to be lots of fun

I am speaking at the CAR conference just on this subject Trump and the U.S. economy

FortWayne says

Need 2017 thread nowadays

Tell BayArea to create one :-)

Logan Mohtashami says

I am speaking at the CAR conference

Did you ever get a video of the conference in Texas?

indigenous says

Did you ever get a video of the conference in Texas?

Not yet and I need to write that article too about the future of home prices in America, there were many panels on that conference and if a member of the panel doesn't want their take to be public they don't allow a video to be created for the public. I believe our panel was ok for that but they said it would take time

I was a big hit and the first person invited to the conference next year in Texas.

If I don't get the video soon I will have to write the article report without it, I have all the charts that the panel members were using

Ironworker says

I think Gold and Bonds are a good value right now.

I think you are being sarcastic.

Strategist says

There is nothing they make that won't eventually show up on the iPhone. Just buy Apple stock.

True, Apple is the only stock mentioned so far that I would even consider, and if you own mutual funds, you probably own it indirectly anyway. At least it pays a not so horrible dividend.

I'm not sarcastic at all. I believe interest rates will resume their decline - bonds will go up. And I believe we will have recession within 2 years - gold will go up.

If MASI goes up another $8.56 ($67 today) before the year, that $37.84 purchase would be another double for the year

Ironworker says

I'm not sarcastic at all. I believe interest rates will resume their decline - bonds will go up. And I believe we will have recession within 2 years - gold will go up.

+1

Millennials went crazy on 3x levered gold ETFs after Trump won. They got totally destroyed. https://www.bloomberg.com/news/articles/2016-12-19/millennials-piled-into-some-horrendous-etf-trades-right-after-the-election …

Just keep a solid stop loss on gold at 1040 and trade it and don't do what the kids did above

Logan Mohtashami says

Lol. Millennials went crazy on 3x levered gold ETFs after Trump won. They got totally destroyed.

Nothing like a good spanking to straighten them out.

Millennials generally need more spankings....:)

Logan Mohtashami says

If MASI goes up another $8.56 ($67 today) before the year, that $37.84 purchase would be another double for the year

What is your prediction for MASI for 2017?

indigenous says

What is your prediction for MASI for 2017?

This is an excellent question

This stock has out done every single thing I could imagine for 2016...

So with all my cards on the table this is what I did for 2016

11/25/2016 11/25/2016 100 $62.2180
11/17/2016 11/17/2016 100 $62.0440
11/07/2016 11/07/2016 100 $59.6000
11/04/2016 11/04/2016 100 $58.0650
09/20/2016 09/20/2016 100 $59.3500
08/26/2016 08/26/2016 100 $59.0450
08/22/2016 08/22/2016 200 $58.1775
08/04/2016 08/04/2016 200 $56.0940
07/14/2016 07/14/2016 200 $53.1160
06/08/2016 06/08/2016 200 $52.1555
06/08/2016 06/08/2016 200 $48.0545
04/25/2016 04/25/2016 200 $43.3010
03/21/2016 03/21/2016 590 40.0150
03/21/2016 03/21/2016 1,000 $40.12 $40.1322
07/22/2015 07/22/2015 1,000 $42.25 $42.2500

I have 4,500 shares left, 2,500 at $37,84 and the rest 19 and 20 dollar level

So, the hard part of a long term investment is letting it ride out, in 10 years this could be $200 and I can look back and say why did I sell so much then.

So, I buy a tiny amount each month but look for a good pull back to get in

Outside of the market dip early in the year, nothing to buy back on

So, this stock has gone from 20-67 ... totally over bought short term... but the company has legs..

So I am always buying small and waiting for a good pull back to get in but I am speaking from a point of a much lower investment purchase

What is left of the bigger lots

800 at 19.90
2,500 at 37.84
1,200 at 21.69

Just perspective

I can't imagine too many companies out there that has gone back to back 70%-100% moves in a 2 year period unless the market is really wild or it's a low stock price stock which both isn't valid for this situation

Take WTW off for 2017 ... remember the theme here is buy at the key levels and sell the rips because the short covering rally will be big

Seeing that today.. taking 80% off the trade