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I believe CAT is also falsely bloated. It is up under the belief that if Biden gets elected, many construction projects will start. That is a way long long dream. You have to wait at least 2 years till it happens. I guess shorts will be rewarded at this price. CAT easily drop to $150.

In my post, by value, I meant a stock that should weather the storm in the probable imminent market turbulence and should keep riding higher. Thanks for the list. I will take a look at them.

I have noticed that money has been flowing into big retail stocks recently. Stocks such as WMT, TGT, COST, AMZN. I feel this is a money move out of frustration after investors see other sectors are bloated and fear of a market correction has pushed them in to a rather safer sector called retail...

As long as market drops less than 1% (even multiple ones of less than 1%), it will attract greedy buyers as considering that drop as buying opportunity. We need a 4% drop and then another 3% drop and then a flat day. That will scare the S@$T out of the buyers.

Biden and Wallace should have got it too the other night.

Down less than 2%? !!!!! BOOOOOOOOOOO

COST and TSLA will go up !!! :) I am sarcastic.

I compared market cap, dividend rate and P/E of some companies and the results are interesting. Company name MC Dividend rate P/E COST 158B 0.8% 39.8 TGT 79.4B 1.7%...

Definitely my trade will not last a decade. Max of 2 months.

Not that I endorse the article but a good read. A good read does not mean a good prediction. https://www.fool.com/investing/2020/09/30/costco-looks-expensive-is-it-a-buy/

No I don't have any more info than what is publicly out there. I believe TGT, WMT, COST are all overvalued. This is caused by greedy investors who are chasing the market and have nowhere else to invest.

As of today, I started arbitrage trading on WMT/COST pair. Buying WMT and shorting COST. Same dollar amount. COST will have earnings tomorrow. Lower P/E of WMT justifies holding it long vs shorting COST with higher P/E.

Do you want to make money or be right? If you want to make money, I believe stocks such as COST are showing more sings of weakness with ridiculous P/E of over 40 while INT P/E is less than 10.

I know it is burning you but that is OK.

Just one small piece of advice. Buy XLNX now. Sshhhhhh. Don't tell anyone.

Just wanted to say hi :)

I have always challenged anyone who claimed there is a broker which offers similar markets to IB at lower rates. Let's forget about quality of trades. I am fine if that broker executes my market order after one hour !!!!!!. Let's stick to the commission and the margin rate. Just name one broker...

Check out the numbers. Not that it matters in stock future performance.

Here is a report showing the latest price targets of CAT https://www.dailypolitical.com/2017/12/28/caterpillar-cat-downgraded-by-vetr-to-strong-sell.html and check out the P/E of CAT and also last year run up of the stock. From $90 to $158 and then decide whether it is still long or short. I say...