The Rokslide Stock Traders Thread

[eddielasvegas]

All is right with the AI World now that NVDA had a really good quarter.


Eddie

 

[signing off]

All is right with the AI World now that NVDA had a really good quarter.


Eddie

58 BILLION! For a QUARTER!!
Your comment sounds so weird when you put the money to it. Just a huge mountain of dollars.

 

[texag10]

Stock since birth or close to it. My grandad dabbled in the markets and got all of us kids some sort of stocks.
I'm 57
I don't remember him saying he got a cut, just a "small fee" plus gains which I take as a tax.

According to Ed Jones' commission schedule, you'd pay 1.5% + $80 for a 15k transaction, which is robbery.

 

[pirogue]

I do things a little differently than you guys putting your trust in Bitcoin.....though you have probably outperformed my stuff.

I research the industries and companies where I put my money. It's not that hard with the info available from Morningstar and such provided by Schwab and others. Then there are other sources....and I'm not talking the hack Jim Cramer.

My biggest holding is Taiwan Semi. It didn't start that way but has grown into it, so I periodically check their conf calls and industry analysis. I'm not selling...and if it wasn't my largest holding, I would be DCA'ing into it. Heres an example of info on not just the semi industry and TSMC but also what the future holds. As a side note, I'm happy that we have an administration that is promoting these businesses in the US.

Edit; I've owned TSM for a long time but off and on. I sold it during the beginning of the Biden admin as I thought there was some risk of China invading Taiwan- gotta consider risk in these investments. I bought it back right before the election. FWIW, now I think that invasion risk is low- plus TSMC is producing chips in AZ which helps reduce that risk.

I found it odd in that report today, that although TSM is now producing chips in AZ, they have to be sent to Taiwan for packaging. Is that the real scoop?

 

[LFC911]

All is right with the AI World now that NVDA had a really good quarter.


Eddie

I am wondering what kind of bump it will give the stock and the rest of the segment tomorrow? We own about $24k of the stock and have been in the red since we purchased it in Oct.

 

[pirogue]

I found it odd in that report today, that although TSM is now producing chips in AZ, they have to be sent to Taiwan for packaging. Is that the real scoop?

Maybe it was just the Blackwell chips. Here is quote:
“Nvidia last month said it produced its first "Blackwell" AI chips at Taiwan Semiconductor Manufacturing Co's (2330.TW) Arizona factory but before those chips can be sold, they must be shipped to Taiwan for an advanced packaging process.”

 

[eddielasvegas]

I am wondering what kind of bump it will give the stock and the rest of the segment tomorrow? We own about $24k of the stock and have been in the red since we purchased it in Oct.

Probably fairly big given the stock was priced to perfection and it delivered.

Last qtr REV was $47B and this qtr was $58B. Pretty damn good.

Just now, for what it's worth (great song too).


Eddie

 

[2531usmc]

Outside of my 401k, I don't use any financial management, but I would assume that any broker associated with a major institution such as Edward Jones, Charles Schwab, Fidelity etc are doing algorithms rithm trading exclusively with no personal opinions or interjections made by your local broker. Right? My understanding is that's how it works these days; you take a test to determine your risk level and the institutional algorithm takes it from there. Your local broker's job is that of a salesman/account manager. His job is to bring in and retain business, but he's not actually in there buying and selling stocks on your behalf. Am I

Outside of my 401k, I don't use any financial management, but I would assume that any broker associated with a major institution such as Edward Jones, Charles Schwab, Fidelity etc are doing algorithm trading exclusively with no personal opinions or interjections made by your local broker. Right? My understanding is that's how it works these days; you take a test to determine your risk level and the institutional algorithm takes it from there. Your local broker's job is that of a salesman/account manager. His job is to bring in and retain business, but he's not actually in there buying and selling stocks on your behalf. Am I wrong on this?

This is the first time I’ve heard the term “algorithmic trading “ as it applies to brokerage accts with the investment firms. Poser’s understanding seems to be reasonable as he stated it.

Can anybody expand on this? Is my brokerage account simply computer algorithms moving in and out of stocks & bonds based upon my level of risk and daily or hourly data inputs?

 

[bozeman]

@2531usmc in short, the answer is 'yes', computational based algorithm driven trades based on risk and preferences.

 

[signing off]

I had my numbers mixed up a little. NVIDIA earnings were 58 BILLION.
31.9 billion as profit.
Still pretty hard to comprehend the scale.

 

[grfox92]

I posted back in July that I sold $2k worth of VGT because I tore my meniscus and missed a month of work.

I havent logged into my Schwab account t since then. Busy hunting. Well i just logged in and have almost made all that money back between NVDA and VGT in the 3.5 months it's been sitting there. Woohoo!

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[bozeman]

I posted back in July that I sold $2k worth of VGT because I tore my meniscus and missed a month of work.

I havent logged into my Schwab account t since then. Busy hunting. Well i just logged in and have almost made all that money back between NVDA and VGT in the 3.5 months it's been sitting there. Woohoo!

Sent from my SM-S931U using Tapatalk

I have read many times that people who invest in stocks and 'forget about it' often out perform the indexes over time and have lost ZERO sleep on the ups/downs of the market cycle.....

 

[grfox92]

I have read many times that people who invest in stocks and 'forget about it' often out perform the indexes over time and have lost ZERO sleep on the ups/downs of the market cycle.....

I bought $250 of a penny stock in my at the time Scottrade account, on the recomendation of an acquaintance back in 2014. Forgot about it for 3 years, logged back in and it was worth $2400. That $2400 has turned into a 5 figure account just being invested in ETFs and whisper and rumor stocks over the years. Im looking to start being a little more active and aggressive with it now.

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[Beendare]

I bought EGY when it started dipping to around $4 a share, its still sub $4 but it pays a 6% dividend, has a low P/E and a good rating from Schwab. I bought it in my Roth so the dividend was attractive for cash flow if I hold it until retirement (thats gonna be a while). Could be an energy stock that you find interesting.

I appreciate the recommendation...but per the description;
"VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, Cote d'Ivoire, and Canada. It holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.

The company also holds 100% interest in the Eastern Desert, which contains West Gharib, West Bakr, and North West Gharib merged concessions covering as area of approximately 45,067 acres, as well as Western Desert, which contains the South Ghazalat concession covering as area of approximately 7,340 acres located in Egypt. In addition, it holds 27.4% non-operated working interest in CI-40 in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. Further, the company owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets covering as area of 49,100 gross acres of developed land and 28,900 gross acres of undeveloped land located near the north of Calgary, Alberta; and a 60% working interest in an undeveloped portion of block P offshore Equatorial Guinea"
---

I'm going to stay away from the energy companies with a huge % of African continent holdings. Sure they could boom but it's a chit show over there with rogue warlords and such- thus too much risk for me.

I'm thinking there is a demand for the Nat gas power plants but there doesn't seem to be a clear winner besides GEV- which is at a very high valuation right now.
I was in MLPX and sold it. It did OK but it was more of a high dividend hold with lower returns.

 

[Blacktocomm]

I have read many times that people who invest in stocks and 'forget about it' often out perform the indexes over time and have lost ZERO sleep on the ups/downs of the market cycle.....

I work in tech. I have heard hundreds of horror stories of people "actively managing" themselves out of a fortune by selling company stock instead of "rest and vest".

But there is also always the flip side of investing or holding a stock and the investment going bust. It is a tough balance to strike.

 

[grfox92]

I work in tech. I have heard hundreds of horror stories of people "actively managing" themselves out of a fortune by selling company stock instead of "rest and vest".

But there is also always the flip side of investing or holding a stock and the investment going bust. It is a tough balance to strike.

I sold a ton of HD stock because at the time I "needed the money." Real boner move on my part.

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[TX_Diver]

So what changed in the last hour that took everything from green to Red?

 

[Ucsdryder]

So what changed in the last hour that took everything from green to Red?

Jobs reports came out and they were positive.

 

[AK Troutbum]

The stock market always seems to surprise. Just like the other day when government ended the shutdown, and everything tanked the next day.


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[AK Troutbum]

Buyers will be back tomorrow, I suspect.


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