GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
Stoney!!!!
I hope you marked this post.
Made 8 minutes before the bell and the massive dump of the good stuff.
The Bottom is in for now on "QUALITY" tech Stoney!
Pick wisely though.
TWLO @$84
Van I'm bummed out. I have to go through all my accounts and weed them out. Just found a Charles Schwab I didn't even know I had.. Sloppy..I don't open my statements. Bad.
$3 Reversal-!
Nutrien Ltd. (NTR)
NYSE - Nasdaq Real Time Price.
86.45-0.01 (-0.01%)
As of 01:56PM EDT.
Up on Coke too!
Nutrien Ltd. (NTR)
NYSE - Nasdaq Real Time Price.
86.45-0.01 (-0.01%)
As of 01:56PM EDT.
Up on Coke too!
Van when you have a buyers strike market the bounces are much different. They tend to be prolonged narrow up trends that don't gain very much in total and can be wiped out by any down action in one session.
Eventually they click and you make it a few cycles and then you drag in money kicking and screaming; we have to tempt them and that's going to be real difficult.
Eventually they click and you make it a few cycles and then you drag in money kicking and screaming; we have to tempt them and that's going to be real difficult.
BlackRock lists 3 reasons not to buy the dip
Jun. 13, 2022 1:02 PM ETSPDR S&P 500 Trust ETF (SPY)TLT, TBT, QQQ, NDX, SP500
U.S. stocks have seen the biggest year-to-date losses since the 1960s, but investors should still stick to the sidelines, BlackRock Investment Institute says.
As the S&P (SP500) (NYSEARCA:SPY) and Nasdaq 100 (NDX) (QQQ) fall further today and Treasury yields (TBT) (TLT) surge, BlackRock remains neutral on stocks on a six-to-12-month horizon, chief global strategist Wei Li wrote in a note Monday.
Li outlined three reasons not to buy the dip.
Increasing downside risks for profit margins <--very true
"We expect the energy crunch to hit growth and higher labor costs to eat into profits," Li said. "The problem: Consensus earnings estimates don’t appear to reflect this."
"For example, analysts expect S&P 500 companies to increase profits by 10.5% this year, Refinitiv data show. That’s way too optimistic, in our view. Stocks could slide further if margin pressures increase. Falling costs like labor have fed the multi-decade profit expansion. So far, unit labor costs - the wages a company pays to produce a unit of output relative to its selling price - haven't risen much."
"We see real, or inflation-adjusted, wage hikes to entice people back to work," she said. "That’s good for the economy - but bad for company margins."
Equities aren't much cheaper
"Valuations haven’t really improved after accounting for a lower earnings outlook and a faster expected pace of rate rises," Li said. "The prospect of even higher rates is increasing the expected discount rate. Higher discount rates make future cash flows less attractive."
Growing risk the Fed tightens too much
"Signs of persistent inflation, like last week’s CPI report, may fuel the latter risk," Li said. "That’s all part of why we turned tactically neutral on equities last month. Stocks slumped last week near lows of the year. We don’t see a sustained rally until the Fed explicitly acknowledges the high costs to growth and jobs if it raises rates too high."
"That would be a signal to us to turn positive on equities again tactically," she added. "We see central banks ultimately opting to live with inflation instead of raising policy rates to a level that destroys growth. That means inflation will likely stay higher than pre-Covid levels."
"We also think the Fed will quickly raise rates and then hold off to see the impact. <-- GBA agrees
The question is when this dovish pivot will take place. <-- AUG! This uncertainty is why we’re tactically neutral on s tocks but overweight on a strategic, or longer term, horizon. We think the sum total of rate hikes will be historically low."
For that to be true the economy has to crash. And that's why the fed is front loading now albeit late, so he can then reduce. Last time around with Yellen we never got high enough to enter a real rate reduction cycle to boost growth. I am now open to .50 this week followed by a .75<--- This is a change for us. It is a race now the Fed and the economy losing steam...
Jun. 13, 2022 1:02 PM ETSPDR S&P 500 Trust ETF (SPY)TLT, TBT, QQQ, NDX, SP500
U.S. stocks have seen the biggest year-to-date losses since the 1960s, but investors should still stick to the sidelines, BlackRock Investment Institute says.
As the S&P (SP500) (NYSEARCA:SPY) and Nasdaq 100 (NDX) (QQQ) fall further today and Treasury yields (TBT) (TLT) surge, BlackRock remains neutral on stocks on a six-to-12-month horizon, chief global strategist Wei Li wrote in a note Monday.
Li outlined three reasons not to buy the dip.
Increasing downside risks for profit margins <--very true
"We expect the energy crunch to hit growth and higher labor costs to eat into profits," Li said. "The problem: Consensus earnings estimates don’t appear to reflect this."
"For example, analysts expect S&P 500 companies to increase profits by 10.5% this year, Refinitiv data show. That’s way too optimistic, in our view. Stocks could slide further if margin pressures increase. Falling costs like labor have fed the multi-decade profit expansion. So far, unit labor costs - the wages a company pays to produce a unit of output relative to its selling price - haven't risen much."
"We see real, or inflation-adjusted, wage hikes to entice people back to work," she said. "That’s good for the economy - but bad for company margins."
Equities aren't much cheaper
"Valuations haven’t really improved after accounting for a lower earnings outlook and a faster expected pace of rate rises," Li said. "The prospect of even higher rates is increasing the expected discount rate. Higher discount rates make future cash flows less attractive."
Growing risk the Fed tightens too much
"Signs of persistent inflation, like last week’s CPI report, may fuel the latter risk," Li said. "That’s all part of why we turned tactically neutral on equities last month. Stocks slumped last week near lows of the year. We don’t see a sustained rally until the Fed explicitly acknowledges the high costs to growth and jobs if it raises rates too high."
"That would be a signal to us to turn positive on equities again tactically," she added. "We see central banks ultimately opting to live with inflation instead of raising policy rates to a level that destroys growth. That means inflation will likely stay higher than pre-Covid levels."
"We also think the Fed will quickly raise rates and then hold off to see the impact. <-- GBA agrees
The question is when this dovish pivot will take place. <-- AUG! This uncertainty is why we’re tactically neutral on s tocks but overweight on a strategic, or longer term, horizon. We think the sum total of rate hikes will be historically low."
For that to be true the economy has to crash. And that's why the fed is front loading now albeit late, so he can then reduce. Last time around with Yellen we never got high enough to enter a real rate reduction cycle to boost growth. I am now open to .50 this week followed by a .75<--- This is a change for us. It is a race now the Fed and the economy losing steam...
Update-
Cogent Biosciences, Inc. (COGT)<-- Holding pat
NasdaqGS - NasdaqGS Real Time Price.
8.87+1.00 (+12.75%)
As of 02:13PM EDT.
76,000
126,000
90,000
Big buyers today in tradedesk<--
The Trade Desk, Inc. (TTD) #1 Tech Stock.
NasdaqGM - NasdaqGM Real Time Price.
46.07-3.20 (-6.49%)
As of 02:15PM EDT.
126,000
90,000
Big buyers today in tradedesk<--
The Trade Desk, Inc. (TTD) #1 Tech Stock.
NasdaqGM - NasdaqGM Real Time Price.
46.07-3.20 (-6.49%)
As of 02:15PM EDT.
Van find yourself AUG 50 TTD options.
how much are they?
how much are they?
1. Dropbox
Dropbox (DBX -4.96%) is a well-known file sharing, collaboration, and workflow platform. The company was started a little over a decade ago and after going public in 2018, has matured into a highly profitable software business.
NASDAQ: DBX
Dropbox
Today's Change
(-4.96%) -$1.09
Current Price
$20.98
DBX
Key Data Points
Market Cap
$8B
Day's Range
$20.52 - $21.73
52wk Range
$19.07 - $33.00
P/E (ttm)
22.86
The company now offers a whole suite of products to go along with its cloud storage/sharing business, including digital signatures, document analytics, security features, and remote-working tools. Steady improvement with its product suite has translated into steady growth in paying subscribers. In the first quarter, Dropbox's paying users totaled 17.1 million, up from 9.3 million in the same quarter of 2017. Along with subscriber growth, average revenue per subscriber has inched higher, hitting $134.63 last quarter compared to $110.79 five years ago.
This scaling of the business has brought fantastic operating leverage to Dropbox, and the business now generates solid amounts of cash flow. Over the last three years, trailing 12-month free cash flow is up over 100% to $723 million. At the same time, its stock price is virtually unchanged. At a market cap of $8.7 billion, shares trade at a price-to-free cash flow (P/FCF) ratio of 12, which is well below the market's average. Management is trying to take advantage of this discounted valuation by repurchasing shares. Over the last three years, Dropbox's shares outstanding are down 9%, which will help boost earnings per share over the long term.
Data by YCharts.
If paying subscribers and average revenue per paying subscriber keep ticking upwards, Dropbox stock can be a solid performer in your portfolio when bought at current prices.
Dropbox (DBX -4.96%) is a well-known file sharing, collaboration, and workflow platform. The company was started a little over a decade ago and after going public in 2018, has matured into a highly profitable software business.
NASDAQ: DBX
Dropbox
Today's Change
(-4.96%) -$1.09
Current Price
$20.98
DBX
Key Data Points
Market Cap
$8B
Day's Range
$20.52 - $21.73
52wk Range
$19.07 - $33.00
P/E (ttm)
22.86
The company now offers a whole suite of products to go along with its cloud storage/sharing business, including digital signatures, document analytics, security features, and remote-working tools. Steady improvement with its product suite has translated into steady growth in paying subscribers. In the first quarter, Dropbox's paying users totaled 17.1 million, up from 9.3 million in the same quarter of 2017. Along with subscriber growth, average revenue per subscriber has inched higher, hitting $134.63 last quarter compared to $110.79 five years ago.
This scaling of the business has brought fantastic operating leverage to Dropbox, and the business now generates solid amounts of cash flow. Over the last three years, trailing 12-month free cash flow is up over 100% to $723 million. At the same time, its stock price is virtually unchanged. At a market cap of $8.7 billion, shares trade at a price-to-free cash flow (P/FCF) ratio of 12, which is well below the market's average. Management is trying to take advantage of this discounted valuation by repurchasing shares. Over the last three years, Dropbox's shares outstanding are down 9%, which will help boost earnings per share over the long term.
Data by YCharts.
If paying subscribers and average revenue per paying subscriber keep ticking upwards, Dropbox stock can be a solid performer in your portfolio when bought at current prices.