The Rokslide Stock Traders Thread

[Escalante11]

Chart of the day and not saying NVDA is a bust from here, but this is a fun hypothetical comparison to make... INTC was the NVDA of the "dot com" days. If you bought near the top of the "dot com" days, and held it for 25 years, you just broke even in nomial terms

 

[Escalante11]

For anyone interested, I'm increasingly interested in agriculture and coal as the Straight of Hormuz situation continues to get dicier. Both interesting sectors but you're limited in implementation. He's where I've settled:

• Coal: if you want some diversification to company-level risk, the COAL ETF is probably your best bet. I purchased a first tranche today, and will tranch in accordingly for a full position over the next couple weeks. I think it will hit $24.50 whenver this equity top blows off, so i'm not in a huge rush but also don't want to miss it i'm wrong. I'm putting a larger position however in CNR (Core). I admittingly don't know the company as well as I'd like, but there are some savy fund managers whom I trust that are adament it is the best position coal miner for the current situation.
• Agriculture: I'm pairing two ETFs at a 1/3 (CORN) and 2/3 (DBA) split. DBA gives me diversified ag exposure based on my hypothesis that crop outputs will be reduced this growing season given access concerns to fertilizer as it's help up in the Straight. CORN gives me added upside to the corn commodity, which stands to benefit from a second tailwind being increased ethanol blending in gasoline, as government's try to lesson the strain of oil prices.

There is risk to each of the above; however, it's more of an asymetric upside to risk ratio than many other places in the market in my opinion. Some other positions i'm moving:

• REXC: Sprott just launched a rare earths ETF that carves out the chinese producers. I'm planning to begin tranching in slowly at $21. It's a longer term play, and many of these companies are a bit over extended at the minute so I'm not in a huge rush in
• UROY: I'm in on nuclear energy as y'all know but i've heavily biased my implementation around physicals, holding SRUUF. I am intrigued by UROY though and am friendly with the prior sponsor their. Similar to the above, I'm not rushing in but I slowly tranching in some exposure here
• XPLR: this is NextEra's broken yield-co of renewable power generation assets. These are sound assets, that will be increasingly valuable assuming the power demand thesis continues to take place. More of a value play that a growth story like the two examples above
• SLRC and GBD: private credit spreads have tightened significantly over the past 3 - 4 weeks, and I have begun cutting those positions. They are still yielding in the high single digits / low teens, but the appreciation prospects from their discount to NAV closing have largely been realized. BDCs are the gift that keeps giving, and I will let you know next time I think it's worth entering a position
• Lastly, I've been building exposure to emerging market debt, and will continue to do so on down days.

 

[signing off]

Had 10 shares of AMD set to sell at open. Curious what they went for. Bought at $120 and was just locking in some gains.