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SOLD entire NVDA position that was BOT last week for a 20% gain.
Coulda had BOT more shares. Shoulda SOLD last week at a wee bit higher. But hard to feel too bad about a 20% trade.
Gonna miss holding the BIG fella individually, but still hav…
Don't want to rain on this thread but...this thread was started on 2/20. S&P gapped up on 2/22 on NVDA earnings after hours on 2/21, and just broke through some resistance today. Some ports may not have done well since this thread started, but …
@Stillers, are you avoiding BIDU?
BIDU has always been off our radar. Pretty much avoiding China entirely while limiting direct Foreign exposure to ~10%. Only known China exposure is indirect via domestic holdings.
BOT more shares of GOOGL while down slightly in pre-market trading to bring position to intended level. Avg share price just under $138 (a wee bit lower than the $140+ on our first BUY/SELL). Will either be another ST trade. if we get a bounce, or …
Two articles to explain, including past performance data during shutdowns.
https://www.cnn.com/2023/09/28/investing/premarket-stocks-trading-government-shutdown/index.html#:~:text=Stocks have performed flat on,government shutdowns has been 0.04%.
…
GOOGL obliged and hit our target re-entry price (actually hit it yesterday but we were away from the market) so we've rolled the dice a 2nd time on it at $137.76 this AM, lower than our first roll at $140.39. We did not have enough ca$h available t…
Last call for posters to report your Mag 7 allocations.
After which, I hope to discuss those with the posters who were kind enough to share.
And, as an FYI, anyone interested in adding Mag 7 exposure to your port:
ETF: MAGS, all Mag 7, all th…
FWIW, GOOGL is back at and a wee bit below the price at which we BOT it ($140 and change) after its earnings announcement and ~6% drop. That DROP was widely regard as unwarranted and we played it to our advantage and SOLD after it recouped its ~6%.…
Great story @Anna. And we trust you are anything but obsolete!
If I may add one on devices...
Circa Spring 1977, Senior Year UG finals. Of all the challenging accounting major courses I took, there was nothing that compared to Business Statistics…
On Giroux, we are LT holders of PRWCX.
I have tried many times to understand his strategies. I have simply learned to accept and appreciate them.
To wit, we now own only two allocation funds: PRWCX and FBALX. BTW, they make an awesome pairin…
Not to pick on GS here but...
Dateline: Oct 17, 2022
Starship: Goldman Sachs
Headline: The stock market is still too expensive even after its 25% decline, but there are bargains to be had in small caps, Goldman Sachs says
https://markets.busines…
Yep, that is MF's standard statement at the end of their FREE articles, similar to Zack's and many others, made in an attempt to entice reader's to buy their premium services.
Disclaimer: I am NOT promoting AI investing or any of these specific ETFs or stock. Just providing information for discussion while personally trying to identify AI opportunities.
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Here are two pretty comprehensive Invest…
@Roy
Great points on placement of types of investments. FWIW, we are still 97% IRAs so virtually all of our trades/exchanges are in them. And having a Cap on Sector or Explore holdings has definitely worked for us.
Thanks for the kind words! So f…
Uh oh!
URGENT Note to Self: As soon as the missus wakes up today, get her to try to delete the GoFundMe page I started yesterday for legal action against this site! ;)
I for one appreciate your "rambling" as it spurs talk about this topic.
On the history part, per this source, the phrase "AI" was actually coined in 1956.
https://www.sas.com/en_us/insights/analytics/what-is-artificial-intelligence.html#:~:text=Ar…
@WABAC:
Great comments about "stuff" and NVDA's stuff is clearly different and dominant at this point.
AMD is the other company that I note is being widely identified as the one company that may be the first to truly challenge NVDA's top spot. …
@Graust, remind me, where do I send the check?
All kidding aside, it's great to see that somebody gets it and took the time to (at least attempt to - we'll see) clarify! Yep, definitely NO intended bragging, WAY more about the somewhat unique str…
@stillers: IMO, the negativity for and lack of participation in the Mag 7 on this particular forum is astounding! And telling!
So, that's what I stated.
To those who seem to have misinterpreted that statement, please point me directly to exactly…
Or it could be the global market leader doing what it does, and has done for a while now, and will very likely continue to do for the foreseeable future.
And NVDA's P/E is virtually unchanged. So there's that, too.
It's far more about AI than ju…
I remember looking at the Nikkei circa 2010, and noting it had (about) halved from late 1989 to 2000, then (about) halved again by 2010, and thinking of that lost generation of investors there. They had certainly earned all of the funds that ended …
Good news bad news.
Bad News: We watched NVDA drop ~4% after earnings but the move DOWN then back UP was too fast for my aging fingers. (Easily seen on the chart.) So we missed out on the last intended 30% of BUYs as price had run UP too far ab…
Added a coupla more slivers of NVDA pre-earnings, as price appeared to be bottoming out in last hour. Now at 70% of intended position. DCA'd avg cost basis only DOWN a little under 1/2% from current price. In retrospect, appear to have started BUY…
2/21: Watching pre-market action NOW to see if price dips below our 2/20 avg price. So far yesterday's DROP is holding as the interim low.
Just before pre-market action closed we were able to about double our shares while and bringing our avg BUY p…
Thanks Stillers.
Your NVDA trade is already making money for you!...
Whoa, Nellie!
But thanks! Always nice to end the first day in positive territory, BUT there's a LOT more wood to chop before we look at +/- action as this was just our project…
Entered order today for next-to-last sliver of NEAGX per the same reasons as last BUY.
Good trade on GOOG. I hope it works out with NVDA as well.
Just curious, Do you mind sharing what %age of your portfolio you anticipate is your NEAGX positi…
Entered order today for next-to-last sliver of NEAGX per the same reasons as last BUY.
Also, could not resist starting position in NVDA today with first BUY while it was DOWN ~6%, a rare event indeed. Will be monitoring price action closely thru e…
Added to NEAGX on overall, smallish SC weakness and specific, biggish weakness of SMCI. Can't quite bring ourselves to top off this puppy just yet, given its HIGH volatility and uncertainty if we are seeing lasting SC participation or simply anothe…
Well said, @yogibearbull.
On M* classifications, FMILX is surely a funny one. I recently carved into it while researching a possible replacement for an existing LCV holding.
Here are FMILX's Top Holdings as of 01/31/24.
Not quite your classic LCV …
Because it's a HUGE investment company that has been around a LONG time and the funds all have at least a slightly different strategy?
FWIW, from the Fido site, they show 9 LCG OEFs and 4 they refer to as Go anywhere:
Large Growth
Fidelity® Blue C…
Added back more stock exposure again today via the the same suspects. After the 3-day dust settles tonight, this week's uncommon rash of OEF trades effectively resulted in a slight rearrangement of some deck chairs, including jettisoning a LCV fund,…
Well, a reminder of DI's legendary "dancing at the exits" mantra helped push us part way out the door yesterday as previously noted to the tune of reducing our stock exposure by 25%. We had planned to let the proceeds idle for a while, waiting for …
SOLD a bunch of stuff at the close yesterday, shaving off outperformance gains primarily achieved over the past 3 1/2 months. Effectively reduced stock exposure by about 25%. The old DI exit door reference by @Graust had changed from a ringing to a…
M* 1* LG fund
ER over 1%
Consistently ranks 81% - 100% (worst) in its Category 1-10 years
Consistently underperforms S&P in arguably the easiest Category for success
S&P Index fund FXAIX outperforms it by at least their ER difference in ALL…
Fido accounts have at least the following options for your Core (or Settlement) Position. There are likely more than these options, but last I checked, these were the Core Positions we selected based on the respective highest yields of available MM…
What do you consider out performing or how do you determine outperforming. For instance , % above all time high or a certain % of gain over a certain amount of time. Thank you for your time, Derf
Please s…
