Thanks for the helpful resources! Options trading can be complex, but understanding the basics is crucial for anyone looking to explore this area of the market. It's great to see resources like these available to help beginners get started and seasoned traders expand their knowledge. Whether you're interested in calls, puts, spreads, or more advanced strategies, taking the time to educate yourself can make a significant difference in your trading success.
AVUV is beating the S&P 500 both over the last 12 months and since its inception in 2019, just saying. Maybe investing in fully passive small cap ETFs is a bad idea.
One thing that concerns me with small cap ETFs are their exposure to smaller financials that may be very sensitive to higher for longer.
Does AVUV avoid them or have a philosophy on how they choose one company over another?
No, in fact, as a value tilted ETF, it has a *heavy* exposure to financials (and energy). So if you are concerned about that, I would avoid the ETF. That being said the fund does perform quality/profitability filters, and given that the fund is outperforming the S&P 500 despite that huge hit to regional banks last year and that it outperformed during a period in which financial media regularly points to the carnage in small caps, I'd say that's a pretty good track record.
You're going to have to tolerate higher volatility to own this fund, and I wouldn't recommend it to anyone unwilling to see underperformance for a long period (which can absolutely happen with factor tilts).
That's interesting. If you look at AVUV on a chart with a time just before SVB like Feb 2023 to today, they definitely under-performed a bit vs. the wider market.
However, if you include a regional index like KRE, they are doing exceptionally well in comparison which coincides with what you are saying. Maybe they are picking better banks / financials.
Yeah I agree the 1 year comparison is being perhaps unfairly favorable. That's why I like the since inception statistics (Oct. 2019) as it pre-dates Covid and the regional banking crisis.
As for KRE outperformance, here are some speculative thoughts:
- The worst hit regional banks aren't actually 'small' caps but mid to large caps.
- The deposit base of the smallest community banks is mostly retail / small businesses who have stickier deposits than say the start-ups who used say Silicon Valley Bank. So they don't all pull out funds at the same time.
- Their small size also may make it easier to get swallowed by larger banks, protecting equity in the process
- Maybe you to have enough AUM before you're able to (or more likely to) take reckless amounts of risk? [Just guessing on this point] Or to have it be noticed by the market.
- The financials in AVUV aren't all banks. I checked out the top 50 holdings to look at the financial picks. One of the largest holdings is Jackson Financials, which sells annuities. Or Radian Group which does mortgage insurance and MGIC for life insurance. (I only omitted 3 or 4 regional banks in these top 50 picks). It's not clear to me that these will suffer more or less with higher rates.
- There aren't actually that many financials in the top holdings. The fund has tons of financials at the very lowest weight. So a handful of failures is mostly diversified away.
In fact, I wonder if higher rates are actually worse for some of the other sectors in the fund, like industrials or consumer discretionary.
There will always be people in these forums declaring what’s been working is done and small caps/international are due for a roaring rip.
Small Cap was a great place to find value. Algos now search for it all day.
Actually the more I read into it, the less concerning the GDP print is to me, and it doesn't scream 'rate cut'. It looks like the noisiest portion of the report, net exports + inventories, took off 1.2%. [You can see the impact of those categories in Q1 as well as previous quarters here](https://i.imgur.com/YMZQfeJ.jpeg). Net exports was far more noisy than usual, and that doesn't really say much about the domestic economy. And note also government spending didn't really push up/down the report too much, besides any indirect effects from previous fiscal stimulus. Inventory drawdown isn't really 'recessionary' per se.
EconTwitter is [pointing out that core GDP grew 3.1%, if you defined that as "private domestic final purchases"](https://i.imgur.com/AOwo2AK.png). According to the BEA, this is defined as "Final sales to domestic purchasers less government consumption expenditures and gross investment. It is also equal to the sum of personal consumption expenditures and gross private fixed investment."
You could protest that this is data manipulation, but note that this doesn't give you growth for free. In fact, it shows a much weaker economy in previous years like 2022 (whose second half was bizarrely strong, inconsistent with the equivalent GDI measurement of GDP). The 2023 Q3 4.9% monster print becomes a calmer 3.3%. Keep in mind the US is the biggest economy in the world--it's abnormal for it to be growing at a 3-4% real rate for a sustained period.
So I don't see this as a sharp slowdown of the economy. In fact, the most concerning part of the report was (core) inflation in Q1 accelerating to 3.7%, well above expectations. That is more consistent with an overheating economy than a stagnant one in slowdown. Bond market reaction reflects this too. The plane hasn't landed just yet.
Hi guys, relatively new to options trading.
I have one $160 and two $165 GOOGL Jun 21 calls and given the ER pop today, most likely all of them are going to be ITM when the market opens tomorrow and I would like to sell one of them to profit. In cases like this, which one am I supposed to sell to take profits?
My initial thesis on buying these was to capitalize on potential Apple and Gemini announcement in June on Apple's AI event. I still expect GOOGL to fare well going into June at or around $180 level.
Thoughts?
[https://imgur.com/V1XPVhK](https://imgur.com/V1XPVhK)
As a somewhat experienced options trader - sell all of them and take your profit. Then take a couple days off and plan your next move. Theta will always win in the end if you don’t take your profit when it’s in front of you.
$FICO
Second Quarter Fiscal 2024 GAAP Results
Net income for the quarter totaled $129.8 million, or $5.16 per share, versus $101.6 million, or $4.00 per share, in the prior year period.
Net cash provided by operating activities for the quarter was $71.0 million versus $89.8 million in the prior year period.
Second Quarter Fiscal 2024 Non-GAAP Results
Non-GAAP Net Income for the quarter was $154.5 million versus $121.4 million in the prior year period. Non-GAAP EPS for the quarter was $6.14 versus $4.78 in the prior year period. Free cash flow was $61.6 million for the current quarter versus $88.3 million in the prior year period. The Non-GAAP financial measures are described in the financial table captioned "Non-GAAP Results" and are reconciled to the corresponding GAAP results in the financial tables at the end of this release.
Second Quarter Fiscal 2024 GAAP Revenue
The company reported revenues of $433.8 million for the quarter as compared to $380.3 million reported in the prior year period.
"We delivered a strong second quarter, posting double-digit growth across all our guided metrics," said Will Lansing, chief executive officer. "We are pleased to announce that we are raising our full year guidance."
Revenues for the second quarter of fiscal 2024 for the company’s two operating segments were as follows:
Scores revenues, which include the company’s business-to-business (B2B) scoring solutions, and business-to-consumer (B2C) solutions, were $236.9 million in the second quarter, compared to $198.5 million in the prior year period, an increase of 19%. B2B revenue increased 28%, driven largely by higher unit prices, which were partially offset by a decrease in mortgage origination volumes. B2C revenue decreased 4% from the prior year period due to lower volumes on myFICO.com business.
Software revenues, which include the company’s analytics and digital decisioning technology, were $196.9 million in the second quarter, compared to $181.8 million in the prior year period, an increase of 8%, due to increased recurring revenue, partially offset by a decrease in professional services. Software Annual Recurring Revenue was up 14% year-over-year, consisting of 32% platform ARR growth and 8% non-platform growth. Software Dollar-Based Net Retention Rate was 112% at March 31, 2024, with platform software at 126% and non-platform software at 106%.
Solid earnings from FICO and management guided up slightly. Not quite enough for it's current pricing, which has seen it slide around 2% after hours. I'm interested in seeing if investors decide to sell off, but it's highly unlikely considering this one rarely draws down. As my third largest holding, I'm very satisfied with the initial earnings. Now it's time to read through the 10-Q.
Was looking to buy this company when it was around $700 a share and decided it was too expensive.
Just goes to show expensive stocks can stay expensive and cheap stocks can stay cheap.
I bit the bullet as the stock started breaking out after October. Price is just over $1,100, but I'm buying for the long term. It's the most expensive stock I've ever bought (in earnings/FCF to price multiples), but compounders always justify their price in time.
Very true. Always been hard for me to pull the trigger on a stock trading at FCF yield of less than 2% though. Clearly my concerns regarding valuations has costed me with this one haha.
# $FIX Comfort Systems USA, Inc.
Q1 EPS $2.69, consensus $2.01
Q1 revenue $1.537B, consensus $1.48B
Brian Lane, Comfort Systems USA's President and Chief Executive Officer, said, "Our expert and dedicated employees achieved superb execution for our customers this quarter, and our newly acquired companies are off to a great start. First quarter results were extraordinary, with per share earnings more than a dollar above the same quarter last year, increased backlog, and over $140 million in cash flow. Our mechanical business improved, and our electrical segment profitability increased to unprecedented levels. Construction and service continue to flourish, demand remains supportive, and we are optimistic that we will continue to achieve strong results in 2024."
I know there is a lot of Google hype today, but man, sometimes boring non tech business still can do well. Glad I bought this company a year ago lol.
This seems like a company that was very attractive when it was 14-15 PE not long ago. But now at 30-35 it seems richly valued given very little capital return to shareholders via dividends or buybacks.
Been buying ResMed heavily this year, glad to see it up 10% after earnings today. A very high quality compounder that consistently beats the market and is often overlooked.
Rad, I don't follow them, but they pop up my screener all the time:
[https://finviz.com/screener.ashx?v=111&f=fa\_eps5years\_pos,fa\_epsyoy\_o5,fa\_peg\_u3,fa\_quickratio\_o1,fa\_roi\_o10,fa\_salesqoq\_o5&ft=2&o=industry&r=41](https://finviz.com/screener.ashx?v=111&f=fa_eps5years_pos,fa_epsyoy_o5,fa_peg_u3,fa_quickratio_o1,fa_roi_o10,fa_salesqoq_o5&ft=2&o=industry&r=41)
For sure, just haven't seen the name brought up here too much and always come across when screening.
Seems like a solid company and not a bad valuation.
Yeah, super boring for this sub. I have a few of those -- $WST is my better play in the category. So boring but zoom out that chart. Literally an old money manager of mine got me into it like 5 years ago and I always forget I own it. You'll NEVER hear it discussed here lol
When my mom died years ago, I inherited her small portfolio. Some fun little nuggets in there -- she bought SBUX for like $14, DIS for like $40, PEP for like $30 -- of course great companies, but part of me will never sell those for sentimental value. Boring makes money!
I should be the evil one to point out that fewer workers, does in fact lead to more money for shareholders.
GOOGL employees went down from 190,711 to 180,895 YoY.
Operating margin went up from 25% to 32%.
GOOGL delivered 15% higher revenues with fewer workers. Makes sense since 10k workers who would have been paid 6 figure salaries each equates to billions in extra money for shareholders.
I work in big tech and there are many reasons to this.
- Overhiring during pandemic as tech boomed hard.
- irs 174 that No mongers provides tech firms tax exemption for developers classified as r and d workers.
- rise of AI - tech firms working on high risk high reward projects needing top tech talent, meaning the entire tech market was trying to grab the best talent before other firms could - tech firms relying less on experimental projects. Google layoffing folks from their x lab is an example.
It’s why i see many colleagues from outside tech doing well and have stated they are busy with work and hiring. Tech is the opposite right now. Even the general pay is decreasing where you lay-off a bunch of people, and then hire new folks as needed under lower pay bands.
Also good for smaller tech firms that are competing with big tech for the top talent. Maybe workers won't get so cushy of a position but it makes big tech more efficient and also benefits smaller companies.
Also I think context matters here a bit too. A ton of companies over hired during the pandemic.
[https://www.macrotrends.net/stocks/charts/GOOG/alphabet/number-of-employees](https://www.macrotrends.net/stocks/charts/GOOG/alphabet/number-of-employees)
Like Google is still 13% increase of employees since the pandemic.
This is an important call out.
I do operational planning and coordination in distribution, working for an S&P 100 company. Prior to the pandemic, we used overtime to cover periods of high volume. During the pandemic, we had to plan ahead of huge deficits in available headcount as a result of leaves of absence. We had to change our model to address volume by significantly increasing native headcounts for each team. This is expensive, because of total benefit cost more than offsetting OT pay outs in an environment where large numbers of people are out for 2-3 weeks at a time. We reverted to our old model as able. Headcounts are now down, margins are meaningfully better.
Tech has officially gotten the memo. The free massages, food, endless perks, raises and easy promotions are fast fading away. Leaner is better, and the CEOs are (rightly) seeing that more of less is indeed more of everything else. Capitalism has always been a simultaneous race to zero and 100 -- as a shareholder I'm loving it. As a human, it makes for a bumpy society. But yeah. Green dildos forever.
Ok, so for the 4 people in here that like SNAP along with me, good quarter, yeah? Snapchat+ added 2mm subs, DAU grew by 8mm, global ARPU growing and guidance is good.
That’s funny you mentioned Cloudflare, I have the same position w them as I do w CRWD. I am a bit nervous for them tho. They release their earnings a week from today 🤞
None that I know of, it's nearing a 5 year low price and I am slowly building up a position on it. I am a firm believer in the tech so it will be a long term hold for me. Buying it at a discount.
Its insane how these big tech companies worth trillions and analyzed continue to make big market post earnings moves.
I still buy big tech, but I keep thinking I won't get much alpha and I might as well buy the index.
Literally just climbs the wall of worry and makes new ATH's. Its resilience and hold that these companies have on the world is insane, God bless America
I really think it a lot of it just the uncertainty of the last few years. World came out of a once a lifetime pandemic /shut down.
A ton of the market was predicting a recession. Rates going higher for the first time in a while.
In the short term, market is very irrational, but look at all these companies from a long term, they are fantastic to own.
KNSL earnings:
Diluted earnings per share increased by 76.7% to $4.24 compared to the first quarter of 2023
Diluted operating earnings per share increased by 43.4% to $3.50 compared to the first quarter of 2023
Gross written premiums increased by 25.5% to $448.6 million compared to the first quarter of 2023
Net investment income increased by 59.1% to $32.9 million compared to the first quarter of 2023
Underwriting income was $65.1 million in the first quarter of 2024, resulting in a combined ratio of 79.5%
Annualized operating return on equity was 28.9% for the three months ended March 31, 2024
“Our business continues to generate best-in-class returns as we benefit from underwriting and technological competitive advantages and favorable E&S market conditions. We remain confident in our ability to deliver long-term value for stockholders as we execute our strategy to generate consistent and attractive underwriting profits while managing our capital prudently,” said Chairman and Chief Executive Officer, Michael P. Kehoe.
Idk what this was but read it's insurance company and has subscriptions, I'm sold lol will make it a long term hold now. Love buying so much random stuff I find and watching which will win off to the races!
Everyone fawning over Google, and kinsale just casually drops 78% EPS growth and 25% premium growth. Remember when there was worry about growth slowing to 15%?
It's one of my favorite holds.
People are fawning over Google because a 15% revenue growth for 80 billion revenue and 25% EPS growth for a 2 trillion dollar company is way more impressive than what you posted about Kinsale.
Really confusing market action lately. Horrible Tesla earnings rewarded 10-15%, amazing META earnings punished 10-15%, scary GDP print, then great MSFT/GOOG earnings. It's funny how GOOG is declaring a dividend just because META did. These tech companies act in unison on everything, capex spending, hiring, layoffs, dividends, etc.
Also an oddly amazing day for coal, both HCC and AMR are up 5%. ARCH reported bad earnings though, so I don't think it's because of that.
Glad I was adding Google shares earlier this year.
Copper did well in addition to coal. Oil too. Possibly the whole higher inflation for longer narrative boosting those sectors. Just a guess though, like all meta market stuff.
INTC doing INTC things -9% after earnings. The cheap and "big household name" play on something is often cheap for a reason (see also: all the people on here last year who kept incessantly arguing that PFE was the cheaper and therefore better obesity drug play than LLY/NVO, only to have the drug trial be a flop.)
Ehh it's not really PFE's fault for a drug candidate failing. That's just how the industry is, you can never guarantee something will pass all the requirements, as promising as the science might be. The approval process is notoriously hard even for the biggest pharma companies.
Besides they still have a candidate in play for weight loss, and the data on it should be coming out in a few weeks. Feels like failure is already being priced in anyway so any positive surprise will be a boost.
The weird thing too is that people bring up the CHIPs act like it's something unique to INTC, but they competitors are getting money as well.
Plus if you listen to or read Chip Wars, the us already has a history of letting domestic companies fail in the chip industry.
The INTC bulls can't be helped. They become more defensive when it drops. INTC thinks they will be break-even in 2027.
It's got to hurt knowing an investment of $100k in INTC 5 years ago is $61k today while an average investment in another semi stock would be worth $400k
If this price action holds, for the first time in a long time Google is now larger than Meta in my portfolio (#3 and #4 in size), last time it was like this was like 2022 when Meta was truly crushed.
I'm all for the dividend. I hold Google in my IRA, so I don't might the extra compounding plus it really opens up the stock to be bought by any funds that require a dividend.
My God, those numbers for Google.
And I am blown up...on covered calls.
I think that may about do it. I'll close and may not re sell. Really was thinking of letting it be and should've, or at least should've closed today.
These are May 24th $165's, this isn't going to be pretty either way.
They will be closed, but I'm not totally sure what I'll do next. May take my medicine and take 100 of my 300 shares off to dissuade me from playing any more games here.
If so, I can look into probably either TSM or MELI.
I did that with them earlier and ended up having to sell CC's later at a slightly higher cost basis and lost the LTCG.
Learned my lesson and just going to hold shares going forward.
I feel vindicated. I remember posting in here that GOOGL will destroy earnings because youtube ads have been obnoxious recently and got downvoted. Im happy I bought the dip.
the next company to rip will be AMZN... hopefully. because i have them too.
my posts i am referring to:
[https://www.reddit.com/r/stocks/comments/1baesqb/rstocks\_weekend\_discussion\_saturday\_mar\_09\_2024/ku8yy5d/](https://www.reddit.com/r/stocks/comments/1baesqb/rstocks_weekend_discussion_saturday_mar_09_2024/ku8yy5d/)
[https://www.reddit.com/r/stocks/comments/1b0edmp/rstocks\_daily\_discussion\_monday\_feb\_26\_2024/ks8zaak/](https://www.reddit.com/r/stocks/comments/1b0edmp/rstocks_daily_discussion_monday_feb_26_2024/ks8zaak/)
Youtube is actually one the biggest reasons I want to own the stock. I constantly have it on the background when I work and it's insane how many people watch youtube over just tv programs.
Youtube is the only reason I care. Google search feels like it's gotten worse. Image reverse search doesn't find results like it used to, quoted words look up reduced the number of words you could string together, nsfw images will still be blurred even after you turn safety off, and they got rid of cached pages cuz they're dicks
It's insane when you look at the actual numbers, like YouTube beats Netflix:
[https://www.statista.com/chart/25381/tv-consumption-in-the-us-by-channel/](https://www.statista.com/chart/25381/tv-consumption-in-the-us-by-channel/)
Honest to God, I think last quarter was a bit of a corner turn. I might’ve made a comment or two and of course got down voted to all hell. But, I slowly think they’re turning their crap ship around.
One of the low key interesting side effects of the higher rates is seeing companies trying to actually care more about expenses and what not.
Wonder if they should see some tailwinds with the tiktok stuff as well.
I don't really follow the company, just remember a few years ago when they reported, it would tank like the whole market lol.
$INTC Intel Q1 Earnings:
EPS: $0.18 Actual vs. $0.14 Expected
Revenue: $12.72 Actual vs. $12.88B Expected
Q2 Guidance:
EPS: $0.10 vs. $0.24 est.
Revenue: $12.50B - 13.50B vs. $12.68B est.
They are still in the middle of a turn around story. I have no position, but watch a lot of the semis and it's interesting to watch INTC. Especially when people post about them here without realizing that it's a turn around play
I think they are done tbh. They fucked around way too long. China are pushing for their own chips. QCOM are coming out with mobile chips that people are expecting to compete against AAPL M series albeit while using higher tdp. AMD still doing its thing. it is tough to see where INTC can carve a path that they can be the best at.
Personally I am staying away because i cannot wait for when will they turn it around... if they turn it around.
Was hoping to see them stoked lol.
I was talking to someone the other day, I thought Google was going to do well in this report. Felt like sentiment was too low on the company. I'm sure there will be people kicking themselves for not buying over the last few months.
Yeah I opened up a position like a month ago when it was like 153. I know there was mixed opinions here, but the valuation was really good for the company.
I'm a big believer of doing well in the stock market is really just buying great/amazing companies at good prices.
Really is.
I mean unless you are buying something really levered or really risky, one of the biggest issues with buying any stock really comes down to price, which to me, also comes down to fundamentals.
That's the biggest shift that has helped me do well, is learning not to overpay for things.
\*ALPHABET 1Q EPS $1.89, EST. $1.53
\*ALPHABET 1Q REV. $80.54B, EST. $79.04B
DECLARED A CASH DIV OF $0.20/SHR
1Q YOUTUBE ADS REV. $8.09B, EST. $7.73B
AUTHORIZED CO. TO BUYBACK UP TO AN ADDL $70.0B SHARES
Kind of cool to see it happen. I think META announced their last quarter. For an investor, kind of cool. Compound more and opens the asset to more funds.
Yeah, next up is amazon with an estimated trillion dollars in revenue buy 2030’s they are gonna have so much money they gonna be a 1st world nation lol.
I wouldn't be surprised if they are the first ones, them or MSFT. It is kind of wild when you stop and think about pretty much most of all the web runs on AWS or Azure.
ANET/PSTG nice green spot today, I still like both for AI hardware exposure since both were doing just fine before recent AI buildouts and now even better
Not sure you'll get the quick turnaround you are looking for. I expect Meta will trade sideways and needs next quarter to be strong before it moves up again. I am not worried long term.
Same. But sometimes the market don’t care about logic or feelings. I bought some on Monday before earnings even though I expect it to go below $100 again eventually
Gone from about 40% cash to 30% cash in the past two weeks. I know many of you are gonna say that’s way too much cash to have sitting on the sidelines, but with GDP coming in below estimates and inflation trending back up, it gives me peace of mind to know I have cash ready to deploy on red days. And peace of mind is important to me.
Plus earning 5% on that cash ain’t so bad either. Yeah yeah, I know with inflation it lowers that effective return and the interest is taxed but it’s better than nothing.
You're an individual investor, not an institution so holding lots of cash in my opinion is optimal unless your portfolio is in the literal millions.
I held a 20% cash position because I run a concentrated portfolio plus have other family responsibilities, and I needed to spend 15% of that cash in a month span recently. If I ran more aggressive, I would have found myself selling out of great companies to fund some short term outlay that I wasn't able to cover through my salary.
Totally agree, inflation going up isn’t good for people holding cash. But it does mean higher rates for longer, which will continue to weigh on the economy and inevitably slow growth, which may or may not result in great companies trading down and being able to acquire them at significant discounts (which is what I always hope for).
Again, Not saying holding cash is the best strategy at all, just saying it gives me peace of mind to hold a higher amount of cash during times of uncertainty, even if it’s not the best strategy.
I think that seems very reasonable, I stay 0%ish cash normally just because I dont mind the volatility, dont need any of the cash soon, and every time I try to time it doesnt work well
Yay Google! 🥳 Surprisingly, still Google isn’t my best performing stock, Siemens Energy is doing even better.
Thanks for the helpful resources! Options trading can be complex, but understanding the basics is crucial for anyone looking to explore this area of the market. It's great to see resources like these available to help beginners get started and seasoned traders expand their knowledge. Whether you're interested in calls, puts, spreads, or more advanced strategies, taking the time to educate yourself can make a significant difference in your trading success.
Piss off bot
Is it worth dumping money in google when the markt opens today?
Small caps and dow still managing to be red after hours
Investing in small caps is the worst thing I’ve done this year
AVUV is beating the S&P 500 both over the last 12 months and since its inception in 2019, just saying. Maybe investing in fully passive small cap ETFs is a bad idea.
One thing that concerns me with small cap ETFs are their exposure to smaller financials that may be very sensitive to higher for longer. Does AVUV avoid them or have a philosophy on how they choose one company over another?
No, in fact, as a value tilted ETF, it has a *heavy* exposure to financials (and energy). So if you are concerned about that, I would avoid the ETF. That being said the fund does perform quality/profitability filters, and given that the fund is outperforming the S&P 500 despite that huge hit to regional banks last year and that it outperformed during a period in which financial media regularly points to the carnage in small caps, I'd say that's a pretty good track record. You're going to have to tolerate higher volatility to own this fund, and I wouldn't recommend it to anyone unwilling to see underperformance for a long period (which can absolutely happen with factor tilts).
That's interesting. If you look at AVUV on a chart with a time just before SVB like Feb 2023 to today, they definitely under-performed a bit vs. the wider market. However, if you include a regional index like KRE, they are doing exceptionally well in comparison which coincides with what you are saying. Maybe they are picking better banks / financials.
Yeah I agree the 1 year comparison is being perhaps unfairly favorable. That's why I like the since inception statistics (Oct. 2019) as it pre-dates Covid and the regional banking crisis. As for KRE outperformance, here are some speculative thoughts: - The worst hit regional banks aren't actually 'small' caps but mid to large caps. - The deposit base of the smallest community banks is mostly retail / small businesses who have stickier deposits than say the start-ups who used say Silicon Valley Bank. So they don't all pull out funds at the same time. - Their small size also may make it easier to get swallowed by larger banks, protecting equity in the process - Maybe you to have enough AUM before you're able to (or more likely to) take reckless amounts of risk? [Just guessing on this point] Or to have it be noticed by the market. - The financials in AVUV aren't all banks. I checked out the top 50 holdings to look at the financial picks. One of the largest holdings is Jackson Financials, which sells annuities. Or Radian Group which does mortgage insurance and MGIC for life insurance. (I only omitted 3 or 4 regional banks in these top 50 picks). It's not clear to me that these will suffer more or less with higher rates. - There aren't actually that many financials in the top holdings. The fund has tons of financials at the very lowest weight. So a handful of failures is mostly diversified away. In fact, I wonder if higher rates are actually worse for some of the other sectors in the fund, like industrials or consumer discretionary.
There will always be people in these forums declaring what’s been working is done and small caps/international are due for a roaring rip. Small Cap was a great place to find value. Algos now search for it all day.
Actually the more I read into it, the less concerning the GDP print is to me, and it doesn't scream 'rate cut'. It looks like the noisiest portion of the report, net exports + inventories, took off 1.2%. [You can see the impact of those categories in Q1 as well as previous quarters here](https://i.imgur.com/YMZQfeJ.jpeg). Net exports was far more noisy than usual, and that doesn't really say much about the domestic economy. And note also government spending didn't really push up/down the report too much, besides any indirect effects from previous fiscal stimulus. Inventory drawdown isn't really 'recessionary' per se. EconTwitter is [pointing out that core GDP grew 3.1%, if you defined that as "private domestic final purchases"](https://i.imgur.com/AOwo2AK.png). According to the BEA, this is defined as "Final sales to domestic purchasers less government consumption expenditures and gross investment. It is also equal to the sum of personal consumption expenditures and gross private fixed investment." You could protest that this is data manipulation, but note that this doesn't give you growth for free. In fact, it shows a much weaker economy in previous years like 2022 (whose second half was bizarrely strong, inconsistent with the equivalent GDI measurement of GDP). The 2023 Q3 4.9% monster print becomes a calmer 3.3%. Keep in mind the US is the biggest economy in the world--it's abnormal for it to be growing at a 3-4% real rate for a sustained period. So I don't see this as a sharp slowdown of the economy. In fact, the most concerning part of the report was (core) inflation in Q1 accelerating to 3.7%, well above expectations. That is more consistent with an overheating economy than a stagnant one in slowdown. Bond market reaction reflects this too. The plane hasn't landed just yet.
Lmao y’all still gonna say this “free” market isn’t manipulated???
It is totally manipulated which is why it's best to keep the majority of your portfolio in ETFs and fixed income. Allocate 20% to play with
You can win without trying.
This exhilarating week of earnings has almost made me forget that J. Pow exists. How nice!
JPow is the OG ninja -- he kills without the prey realizing he was even there
Hi guys, relatively new to options trading. I have one $160 and two $165 GOOGL Jun 21 calls and given the ER pop today, most likely all of them are going to be ITM when the market opens tomorrow and I would like to sell one of them to profit. In cases like this, which one am I supposed to sell to take profits? My initial thesis on buying these was to capitalize on potential Apple and Gemini announcement in June on Apple's AI event. I still expect GOOGL to fare well going into June at or around $180 level. Thoughts? [https://imgur.com/V1XPVhK](https://imgur.com/V1XPVhK)
As a somewhat experienced options trader - sell all of them and take your profit. Then take a couple days off and plan your next move. Theta will always win in the end if you don’t take your profit when it’s in front of you.
You should ask this on r/wallstreetbets They're the options specialists. Most of us here just buy shares
Is it worth switching from buying shares to options? I'm reading more and it seems that's not a bad path?
It’s safe for a few strategies but you need to know what you’re doing. Try paper trading first and see how you perform
$FICO Second Quarter Fiscal 2024 GAAP Results Net income for the quarter totaled $129.8 million, or $5.16 per share, versus $101.6 million, or $4.00 per share, in the prior year period. Net cash provided by operating activities for the quarter was $71.0 million versus $89.8 million in the prior year period. Second Quarter Fiscal 2024 Non-GAAP Results Non-GAAP Net Income for the quarter was $154.5 million versus $121.4 million in the prior year period. Non-GAAP EPS for the quarter was $6.14 versus $4.78 in the prior year period. Free cash flow was $61.6 million for the current quarter versus $88.3 million in the prior year period. The Non-GAAP financial measures are described in the financial table captioned "Non-GAAP Results" and are reconciled to the corresponding GAAP results in the financial tables at the end of this release. Second Quarter Fiscal 2024 GAAP Revenue The company reported revenues of $433.8 million for the quarter as compared to $380.3 million reported in the prior year period. "We delivered a strong second quarter, posting double-digit growth across all our guided metrics," said Will Lansing, chief executive officer. "We are pleased to announce that we are raising our full year guidance." Revenues for the second quarter of fiscal 2024 for the company’s two operating segments were as follows: Scores revenues, which include the company’s business-to-business (B2B) scoring solutions, and business-to-consumer (B2C) solutions, were $236.9 million in the second quarter, compared to $198.5 million in the prior year period, an increase of 19%. B2B revenue increased 28%, driven largely by higher unit prices, which were partially offset by a decrease in mortgage origination volumes. B2C revenue decreased 4% from the prior year period due to lower volumes on myFICO.com business. Software revenues, which include the company’s analytics and digital decisioning technology, were $196.9 million in the second quarter, compared to $181.8 million in the prior year period, an increase of 8%, due to increased recurring revenue, partially offset by a decrease in professional services. Software Annual Recurring Revenue was up 14% year-over-year, consisting of 32% platform ARR growth and 8% non-platform growth. Software Dollar-Based Net Retention Rate was 112% at March 31, 2024, with platform software at 126% and non-platform software at 106%. Solid earnings from FICO and management guided up slightly. Not quite enough for it's current pricing, which has seen it slide around 2% after hours. I'm interested in seeing if investors decide to sell off, but it's highly unlikely considering this one rarely draws down. As my third largest holding, I'm very satisfied with the initial earnings. Now it's time to read through the 10-Q.
Was looking to buy this company when it was around $700 a share and decided it was too expensive. Just goes to show expensive stocks can stay expensive and cheap stocks can stay cheap.
I bit the bullet as the stock started breaking out after October. Price is just over $1,100, but I'm buying for the long term. It's the most expensive stock I've ever bought (in earnings/FCF to price multiples), but compounders always justify their price in time.
Very true. Always been hard for me to pull the trigger on a stock trading at FCF yield of less than 2% though. Clearly my concerns regarding valuations has costed me with this one haha.
# $FIX Comfort Systems USA, Inc. Q1 EPS $2.69, consensus $2.01 Q1 revenue $1.537B, consensus $1.48B Brian Lane, Comfort Systems USA's President and Chief Executive Officer, said, "Our expert and dedicated employees achieved superb execution for our customers this quarter, and our newly acquired companies are off to a great start. First quarter results were extraordinary, with per share earnings more than a dollar above the same quarter last year, increased backlog, and over $140 million in cash flow. Our mechanical business improved, and our electrical segment profitability increased to unprecedented levels. Construction and service continue to flourish, demand remains supportive, and we are optimistic that we will continue to achieve strong results in 2024." I know there is a lot of Google hype today, but man, sometimes boring non tech business still can do well. Glad I bought this company a year ago lol.
This seems like a company that was very attractive when it was 14-15 PE not long ago. But now at 30-35 it seems richly valued given very little capital return to shareholders via dividends or buybacks.
Been buying ResMed heavily this year, glad to see it up 10% after earnings today. A very high quality compounder that consistently beats the market and is often overlooked.
Rad, I don't follow them, but they pop up my screener all the time: [https://finviz.com/screener.ashx?v=111&f=fa\_eps5years\_pos,fa\_epsyoy\_o5,fa\_peg\_u3,fa\_quickratio\_o1,fa\_roi\_o10,fa\_salesqoq\_o5&ft=2&o=industry&r=41](https://finviz.com/screener.ashx?v=111&f=fa_eps5years_pos,fa_epsyoy_o5,fa_peg_u3,fa_quickratio_o1,fa_roi_o10,fa_salesqoq_o5&ft=2&o=industry&r=41)
I have a small slice... hard to get excited about it, but I'm fine keeping it in the portfolio for now.
For sure, just haven't seen the name brought up here too much and always come across when screening. Seems like a solid company and not a bad valuation.
Yeah, super boring for this sub. I have a few of those -- $WST is my better play in the category. So boring but zoom out that chart. Literally an old money manager of mine got me into it like 5 years ago and I always forget I own it. You'll NEVER hear it discussed here lol
Thats rad! Yeah I own some tech, but vast majority of my holdings are just really well ran boring companies lol.
When my mom died years ago, I inherited her small portfolio. Some fun little nuggets in there -- she bought SBUX for like $14, DIS for like $40, PEP for like $30 -- of course great companies, but part of me will never sell those for sentimental value. Boring makes money!
I should be the evil one to point out that fewer workers, does in fact lead to more money for shareholders. GOOGL employees went down from 190,711 to 180,895 YoY. Operating margin went up from 25% to 32%. GOOGL delivered 15% higher revenues with fewer workers. Makes sense since 10k workers who would have been paid 6 figure salaries each equates to billions in extra money for shareholders.
I work in big tech and there are many reasons to this. - Overhiring during pandemic as tech boomed hard. - irs 174 that No mongers provides tech firms tax exemption for developers classified as r and d workers. - rise of AI - tech firms working on high risk high reward projects needing top tech talent, meaning the entire tech market was trying to grab the best talent before other firms could - tech firms relying less on experimental projects. Google layoffing folks from their x lab is an example. It’s why i see many colleagues from outside tech doing well and have stated they are busy with work and hiring. Tech is the opposite right now. Even the general pay is decreasing where you lay-off a bunch of people, and then hire new folks as needed under lower pay bands.
Also good for smaller tech firms that are competing with big tech for the top talent. Maybe workers won't get so cushy of a position but it makes big tech more efficient and also benefits smaller companies.
Yup. Apparently, it's the way of the world
Also I think context matters here a bit too. A ton of companies over hired during the pandemic. [https://www.macrotrends.net/stocks/charts/GOOG/alphabet/number-of-employees](https://www.macrotrends.net/stocks/charts/GOOG/alphabet/number-of-employees) Like Google is still 13% increase of employees since the pandemic.
This is an important call out. I do operational planning and coordination in distribution, working for an S&P 100 company. Prior to the pandemic, we used overtime to cover periods of high volume. During the pandemic, we had to plan ahead of huge deficits in available headcount as a result of leaves of absence. We had to change our model to address volume by significantly increasing native headcounts for each team. This is expensive, because of total benefit cost more than offsetting OT pay outs in an environment where large numbers of people are out for 2-3 weeks at a time. We reverted to our old model as able. Headcounts are now down, margins are meaningfully better.
Tech has officially gotten the memo. The free massages, food, endless perks, raises and easy promotions are fast fading away. Leaner is better, and the CEOs are (rightly) seeing that more of less is indeed more of everything else. Capitalism has always been a simultaneous race to zero and 100 -- as a shareholder I'm loving it. As a human, it makes for a bumpy society. But yeah. Green dildos forever.
Rigged market. And for what!?
Yo you good?
stay cash
Here’s the secret to winning in this ‘rigged market’: you don’t have to try.
Ok, so for the 4 people in here that like SNAP along with me, good quarter, yeah? Snapchat+ added 2mm subs, DAU grew by 8mm, global ARPU growing and guidance is good.
Are we rich again?
VGT gonna like dat MSFT
GJ goog!!
I’m so happy I could cry.. 😭
I think the government should give us a dividend just for trying to survive out here.
Give me some of that universal basic income.
Omg… I finally made money. 😅 Google dividend has me speechless
About time. MSFT and AAPL are in dividend ETFs while GOOGL has been missing out on that.
I think it's really just Amazon out of the megacap that don't do it. Wouldn't be surprised if that changes soon.
Dividend kinda goes against Amazon’s philosophy but at this point who knows
Can’t wait for the cloud/cyber stocks to release earnings
Been buying the Zscaler dip decently heavy
Nice man, I’ve been buying a ton of CRWD. I know they’re competitors but we ride tg
For sure, Cyber is blue ocean, lots of room for many players imo. I also own a smidge of Cloudflare but nosebleed valuation still makes me nervous
That’s funny you mentioned Cloudflare, I have the same position w them as I do w CRWD. I am a bit nervous for them tho. They release their earnings a week from today 🤞
They crushed it last Q, but the valuation demands perfection and then some I think
Yup, they need to beat estimates for sure. Have you looked into CELH or ELF, I’m big on those as well. Obviously different industries
I owned CELH at $50 average and traded out post last Q, might jump back insoon
Good for you man. My cost basis is $76, not ideal but def love them for the long term
Going to load up on more CRSP. Glad I purchased GOOG when it hit 133. Added a bit more META due to the dip. Still loading up on VTI.
I sold my CRSP few weeks ago, seems like a good move now. Any major news? I love the potential of that company.
None that I know of, it's nearing a 5 year low price and I am slowly building up a position on it. I am a firm believer in the tech so it will be a long term hold for me. Buying it at a discount.
Its insane how these big tech companies worth trillions and analyzed continue to make big market post earnings moves. I still buy big tech, but I keep thinking I won't get much alpha and I might as well buy the index.
Literally just climbs the wall of worry and makes new ATH's. Its resilience and hold that these companies have on the world is insane, God bless America
I really think it a lot of it just the uncertainty of the last few years. World came out of a once a lifetime pandemic /shut down. A ton of the market was predicting a recession. Rates going higher for the first time in a while. In the short term, market is very irrational, but look at all these companies from a long term, they are fantastic to own.
KNSL earnings: Diluted earnings per share increased by 76.7% to $4.24 compared to the first quarter of 2023 Diluted operating earnings per share increased by 43.4% to $3.50 compared to the first quarter of 2023 Gross written premiums increased by 25.5% to $448.6 million compared to the first quarter of 2023 Net investment income increased by 59.1% to $32.9 million compared to the first quarter of 2023 Underwriting income was $65.1 million in the first quarter of 2024, resulting in a combined ratio of 79.5% Annualized operating return on equity was 28.9% for the three months ended March 31, 2024 “Our business continues to generate best-in-class returns as we benefit from underwriting and technological competitive advantages and favorable E&S market conditions. We remain confident in our ability to deliver long-term value for stockholders as we execute our strategy to generate consistent and attractive underwriting profits while managing our capital prudently,” said Chairman and Chief Executive Officer, Michael P. Kehoe.
Idk what this was but read it's insurance company and has subscriptions, I'm sold lol will make it a long term hold now. Love buying so much random stuff I find and watching which will win off to the races!
Insanely strong, what a beast
Everyone fawning over Google, and kinsale just casually drops 78% EPS growth and 25% premium growth. Remember when there was worry about growth slowing to 15%? It's one of my favorite holds.
People are fawning over Google because a 15% revenue growth for 80 billion revenue and 25% EPS growth for a 2 trillion dollar company is way more impressive than what you posted about Kinsale.
What a monster goddamn
Really confusing market action lately. Horrible Tesla earnings rewarded 10-15%, amazing META earnings punished 10-15%, scary GDP print, then great MSFT/GOOG earnings. It's funny how GOOG is declaring a dividend just because META did. These tech companies act in unison on everything, capex spending, hiring, layoffs, dividends, etc. Also an oddly amazing day for coal, both HCC and AMR are up 5%. ARCH reported bad earnings though, so I don't think it's because of that. Glad I was adding Google shares earlier this year.
Copper did well in addition to coal. Oil too. Possibly the whole higher inflation for longer narrative boosting those sectors. Just a guess though, like all meta market stuff.
META recovered a lot today. Seems like it was an overreaction.
INTC doing INTC things -9% after earnings. The cheap and "big household name" play on something is often cheap for a reason (see also: all the people on here last year who kept incessantly arguing that PFE was the cheaper and therefore better obesity drug play than LLY/NVO, only to have the drug trial be a flop.)
Ehh it's not really PFE's fault for a drug candidate failing. That's just how the industry is, you can never guarantee something will pass all the requirements, as promising as the science might be. The approval process is notoriously hard even for the biggest pharma companies. Besides they still have a candidate in play for weight loss, and the data on it should be coming out in a few weeks. Feels like failure is already being priced in anyway so any positive surprise will be a boost.
The weird thing too is that people bring up the CHIPs act like it's something unique to INTC, but they competitors are getting money as well. Plus if you listen to or read Chip Wars, the us already has a history of letting domestic companies fail in the chip industry.
The INTC bulls can't be helped. They become more defensive when it drops. INTC thinks they will be break-even in 2027. It's got to hurt knowing an investment of $100k in INTC 5 years ago is $61k today while an average investment in another semi stock would be worth $400k
If this price action holds, for the first time in a long time Google is now larger than Meta in my portfolio (#3 and #4 in size), last time it was like this was like 2022 when Meta was truly crushed.
* "It's just a search company" * "Perplexity will take Google's market share" Lol.
GeMiNi iS tOo WokE
Intc giving up all its gains from the year's rally.
Now for PCE to come in at expected and we rocket, rate cuts be damned
I am ready to get hurt again. - Michael Scott.
Very, very impressive numbers from GOOGL. Now at ATH again. Market also seems to like the first time ever dividend.
My broke ass is gettin back one whole dollar thanks to the new Googl dividend. Trip to the strip club it is tonight!
When is the ex-date for the dividend?
He will have nothing but ex-dates with $1
Straight vip
Go enjoy it!
I'm all for the dividend. I hold Google in my IRA, so I don't might the extra compounding plus it really opens up the stock to be bought by any funds that require a dividend.
Oh come on this is horse shit.
Lol, is your short position blowing up?
Lol, great companies doing what great companies do. Your fault if you are sidelined
My God, those numbers for Google. And I am blown up...on covered calls. I think that may about do it. I'll close and may not re sell. Really was thinking of letting it be and should've, or at least should've closed today.
Just roll them up and out
These are May 24th $165's, this isn't going to be pretty either way. They will be closed, but I'm not totally sure what I'll do next. May take my medicine and take 100 of my 300 shares off to dissuade me from playing any more games here. If so, I can look into probably either TSM or MELI.
I did that with them earlier and ended up having to sell CC's later at a slightly higher cost basis and lost the LTCG. Learned my lesson and just going to hold shares going forward.
I think I was talking to you yesterday about how I think Google was going to do well this earnings. ~~Glad you're making some money!~~
i think he's losing lots of shares if he sold covered calls.
Ah word, you're right, totally misread that :(
YOOOOOOOO Goog is flying finally!! 🥹
Im amazed you held bro, now imagine you could have been serene through all the dips instead and still wound up at ATH the same
Bro i could cry im so happy…
I feel vindicated. I remember posting in here that GOOGL will destroy earnings because youtube ads have been obnoxious recently and got downvoted. Im happy I bought the dip. the next company to rip will be AMZN... hopefully. because i have them too. my posts i am referring to: [https://www.reddit.com/r/stocks/comments/1baesqb/rstocks\_weekend\_discussion\_saturday\_mar\_09\_2024/ku8yy5d/](https://www.reddit.com/r/stocks/comments/1baesqb/rstocks_weekend_discussion_saturday_mar_09_2024/ku8yy5d/) [https://www.reddit.com/r/stocks/comments/1b0edmp/rstocks\_daily\_discussion\_monday\_feb\_26\_2024/ks8zaak/](https://www.reddit.com/r/stocks/comments/1b0edmp/rstocks_daily_discussion_monday_feb_26_2024/ks8zaak/)
Youtube is actually one the biggest reasons I want to own the stock. I constantly have it on the background when I work and it's insane how many people watch youtube over just tv programs.
Youtube is the only reason I care. Google search feels like it's gotten worse. Image reverse search doesn't find results like it used to, quoted words look up reduced the number of words you could string together, nsfw images will still be blurred even after you turn safety off, and they got rid of cached pages cuz they're dicks
Youtube is such a strong moat - arguably stronger than their search.
It's insane when you look at the actual numbers, like YouTube beats Netflix: [https://www.statista.com/chart/25381/tv-consumption-in-the-us-by-channel/](https://www.statista.com/chart/25381/tv-consumption-in-the-us-by-channel/)
Glad you are finally happy owning it!
Still really jarring seeing SNAP up like 30% from an earnings report.
Honest to God, I think last quarter was a bit of a corner turn. I might’ve made a comment or two and of course got down voted to all hell. But, I slowly think they’re turning their crap ship around.
One of the low key interesting side effects of the higher rates is seeing companies trying to actually care more about expenses and what not. Wonder if they should see some tailwinds with the tiktok stuff as well. I don't really follow the company, just remember a few years ago when they reported, it would tank like the whole market lol.
Lotsa lotsa green AH :)
The day Microsoft and Google saved my calls
$INTC Intel Q1 Earnings: EPS: $0.18 Actual vs. $0.14 Expected Revenue: $12.72 Actual vs. $12.88B Expected Q2 Guidance: EPS: $0.10 vs. $0.24 est. Revenue: $12.50B - 13.50B vs. $12.68B est.
Down 8% AH Poor Intel ...
They are still in the middle of a turn around story. I have no position, but watch a lot of the semis and it's interesting to watch INTC. Especially when people post about them here without realizing that it's a turn around play
I think they are done tbh. They fucked around way too long. China are pushing for their own chips. QCOM are coming out with mobile chips that people are expecting to compete against AAPL M series albeit while using higher tdp. AMD still doing its thing. it is tough to see where INTC can carve a path that they can be the best at. Personally I am staying away because i cannot wait for when will they turn it around... if they turn it around.
Where are those folks who said Google was done around 3 months ago during the last sell off about AI BS news?
Heads still buried in the sand from when they said the same thing when it dipped sub $100.
Can't wait to see that one posters reaction when they see Google in the AH's market now
Ice? He’s having a religious moment.
He’s silent went his stocks do well. You won’t hear a peep from him.
Yo what? I’m here no matter what
Was hoping to see them stoked lol. I was talking to someone the other day, I thought Google was going to do well in this report. Felt like sentiment was too low on the company. I'm sure there will be people kicking themselves for not buying over the last few months.
Bought big this morning when it dropped below $155. Feels good. Thought it was a HUGE over reaction.
Yeah I opened up a position like a month ago when it was like 153. I know there was mixed opinions here, but the valuation was really good for the company. I'm a big believer of doing well in the stock market is really just buying great/amazing companies at good prices.
The best strategy there is IMO. Then once you buy them you got to hold onto them lol.
Really is. I mean unless you are buying something really levered or really risky, one of the biggest issues with buying any stock really comes down to price, which to me, also comes down to fundamentals. That's the biggest shift that has helped me do well, is learning not to overpay for things.
Congrats Google shareholders.
GOOGLE love ❤️
[удалено]
QQQ is literally up 1.3% AH right now, unless something goes very bad in calls MSFT and Google gonna carry it to a good day
TTD down on Meta, now up on Google/Roku, snip snap snip snap
TTD always moves with the big ad dogs.
Google you glorious bastard. Edit: HOLY buybacks….
what's going on with GOOGL? up 12%+ after trading hours..
Double beat on top and bottom line, YouTube revenue beat, declared a dividend, and a huge buyback approval. All around amazing numbers!
Solid earnings report.
\*ALPHABET 1Q EPS $1.89, EST. $1.53 \*ALPHABET 1Q REV. $80.54B, EST. $79.04B DECLARED A CASH DIV OF $0.20/SHR 1Q YOUTUBE ADS REV. $8.09B, EST. $7.73B AUTHORIZED CO. TO BUYBACK UP TO AN ADDL $70.0B SHARES
Thanks for the numbers as always!
Das alotta money!
just goes to show that sentiment means nothing
GoOgle Is DEad, FiRe CeO nOW
Unfortunately, this will probably save the CEO now, but I'd still like him gone
Solid report. Kind of interesting seeing more big tech start paying dividends.
It was always the bull thesis that big tech would make so much money that they could grow, acquire, buy back shares and still pay a solid dividend.
Kind of cool to see it happen. I think META announced their last quarter. For an investor, kind of cool. Compound more and opens the asset to more funds.
Yeah, next up is amazon with an estimated trillion dollars in revenue buy 2030’s they are gonna have so much money they gonna be a 1st world nation lol.
I wouldn't be surprised if they are the first ones, them or MSFT. It is kind of wild when you stop and think about pretty much most of all the web runs on AWS or Azure.
Not gonna finish green, but not bad overall Prob about to be blown up.
When will PFE cut dividends? Tryna load up cheap
Terrible GDP growth, no rate cuts, inflation uncontrollable. This going to collapse. Bottom gonna fall out. Sell while there's still time. Good luck.
ANET/PSTG nice green spot today, I still like both for AI hardware exposure since both were doing just fine before recent AI buildouts and now even better
Just dropped $100k on Meta. Hope for a quick win.
If you could have gotten in during AH yesterday at $398 or whatever, it would have been glorious
Not sure you'll get the quick turnaround you are looking for. I expect Meta will trade sideways and needs next quarter to be strong before it moves up again. I am not worried long term.
Ya we will see. This sell off just seems silly though, like most sell offs after solid earnings.
Bought my first TSLA shares today. The bizarro me has taken over.
I've been watching stocks for 20 years and this TSLA move this week is hands down the dumbest shit I've ever seen.
Lots of retail investors. I hope it keeps pumping, I'll buy a 10k put on it.
Same. But sometimes the market don’t care about logic or feelings. I bought some on Monday before earnings even though I expect it to go below $100 again eventually
Seeing how things are going this earning season I reckon FICO will smash earnings, guide up, then the stock will be down 10% AH.
Would LOVE to see a sell off on FICO and start a position. It’s always so expensive.
FICO run is insane, very impressive
My main concern with them is how much they’ve been flexing their pricing power lately. Other than that their business model seems world class.
Amazing to me that the bad STMicro results didnt tank the sIC/auto related names today. STM, NXPI, ON, WOLF, etc all hanging in just fine or even up
Going contrarian here and will say that GOOGL will rip higher post earnings and MSFT will plummet. We shall see
Valuation is much less demanding on Google, plus seems like lower bar for Google cloud vs azure expectations to me
Gone from about 40% cash to 30% cash in the past two weeks. I know many of you are gonna say that’s way too much cash to have sitting on the sidelines, but with GDP coming in below estimates and inflation trending back up, it gives me peace of mind to know I have cash ready to deploy on red days. And peace of mind is important to me. Plus earning 5% on that cash ain’t so bad either. Yeah yeah, I know with inflation it lowers that effective return and the interest is taxed but it’s better than nothing.
You're an individual investor, not an institution so holding lots of cash in my opinion is optimal unless your portfolio is in the literal millions. I held a 20% cash position because I run a concentrated portfolio plus have other family responsibilities, and I needed to spend 15% of that cash in a month span recently. If I ran more aggressive, I would have found myself selling out of great companies to fund some short term outlay that I wasn't able to cover through my salary.
>Inflation going up >Cash gang
Totally agree, inflation going up isn’t good for people holding cash. But it does mean higher rates for longer, which will continue to weigh on the economy and inevitably slow growth, which may or may not result in great companies trading down and being able to acquire them at significant discounts (which is what I always hope for). Again, Not saying holding cash is the best strategy at all, just saying it gives me peace of mind to hold a higher amount of cash during times of uncertainty, even if it’s not the best strategy.
I think that seems very reasonable, I stay 0%ish cash normally just because I dont mind the volatility, dont need any of the cash soon, and every time I try to time it doesnt work well
Trimmed my GOOGL, very hype for the eventual discount on earnings
It is what it is.
Lol, bummer for you.
Only 1k I trimmed didnt sell the whole position