2024 Stock Picks

PANW has great upside potential. $281. I think most of the sellers are gone. Regardless of their last quarter, this thing, while still pricey, is not going away, and it's best of breed in cyber-security. I could see a 50% return easy in two years. This is a top pick.
 
Moderna had a golden cross last week, the 50 day took out the 200 day. The 100 day is rising nicely. I like the way it finished today. No opinion atm.
 
All fundamentals aside, and we all have our own methods of evaluating a company's chart... one man's gem is another man's dog.... but I really like that Moderna chart. Again... I have no idea about their pipeline or anything else. Strictly looking at the chart.

MRNA ---> $103.90 for a 1 year hold. To start.
 
vanzandt said:
HOLY COW...
What just happened with SNAP?
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TikTok Divest-or-Ban Bill Moving on Fast Track Through Congress
  • Johnson to include measure in aid package for Ukraine, Israel
  • Biden has said he would sign bill forcing ByteDance to divest

The US Capitol Building in Washington, DC.

Photographer: Ting Shen/Bloomberg
By Steven T. Dennis and Sana Pashankar
April 17, 2024 at 1:26 PM EDT

The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.

Johnson intends to include the divest-or-ban bill in a package of fast-moving bills that include aid for Ukraine and Israel. The House is expected to pass the bills on Saturday, and the Senate is expected to quickly consider the legislation.
 
I love that. Personally, I have 4 different portfolios.
Equity beta that is just indexed to the Nasdaq 100 through QQQ
US Bond portfolio
Market timing/trading portfolio
Stock picking/ value investing portfolio.

I hate losing money more than anything. I wish I was more of gambler.

With that said, I held my nose and bought some BABA for my stock picking portfolio today. A 20 year sit on your ass Munger style position. It just stinks and was so hard to actually execute the trade. I suspect though there is all kinds of free optionality being given away here at these prices.

Everything is bid up since the Fed pivot in October besides for Chinese and related equities that have been smashed.

vanzandt said:
100% . And if your timing's right... you beat everyone. I am completely on board from where you speak.
No one cares about the granny picks here.... it's all instant gratification. And color me the #1 fool. BUT.... I'm not playing with next months mortgage payment, luckily, .... I'm only playing for love of the game. And what a game it is. And I hate to lose. That's why I keep on working, and keep on posting.
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vanzandt said:
All fundamentals aside, and we all have our own methods of evaluating a company's chart... one man's gem is another man's dog.... but I really like that Moderna chart. Again... I have no idea about their pipeline or anything else. Strictly looking at the chart.

MRNA ---> $103.90 for a 1 year hold. To start.
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MRNA is a stock I watch also. I just don't see the trade here long.
To me, it is a bid up stock that is especially bid up on rate cut hopes from October.

You can't short because of the embedded implied option of biotech. I don't know what you can be looking at that $103.90 is a good price though.

For me, it probably still seems like a decent short at $103.90. A Jack ten off bet in poker.

The company is not being valued here quite right but the beta is overestimated.
 
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