Share Picks 2021 - Thread banned users post #1

John.burke · 12-05-2021 6:14pm

Down 40% from being up c.15% in late Feb - averaging down throughout April drove much of the swing but feeling okay about the portfolio long term but sitting tight for next few months

bish76 · 12-05-2021 6:21pm

Overall down 3% for this year.

TheFinanceGod · 12-05-2021 6:23pm

cronos wrote: »

What position are people's portfolios at this point? I'm still 6% up but losing about a 1% a day every day for the last couple of weeks.

Overall up 13%.

On my new 2021 Cycle I'm down -25%.
NNDM, IDEX and NIO. Two small cap tech growth stocks and well...NIO.
Very long-term holds so not worrying, eventually small cap tech will take off again.

bish76 · 12-05-2021 6:24pm

Underground wrote: »

We'll all be looking back on this and laughing in a year's time when LMND is a >$100bn market cap juggernaut.

And many of us bought into that hype. I blame Motley fool in my defense.

cronos · 12-05-2021 6:32pm

bish76 wrote: »

And many of us bought into that hype. I blame Motley fool in my defense.

Hmm, time to buy I wonder. Funnily when I started this back in October it was the first stock I was looking to buy. I remember it was at 47 and I was waiting for it to hit 45 but then it just took off like a rocket and I ignored it after that. Might be time to put a 1% portfolio position into it.

Timmaay · 12-05-2021 6:35pm

cronos wrote: »

You mean you are going to sell up? Confused regarding your comment on savings. I would consider my money in stocks savings. Obviously correctly volatile savings.

Well at some stage I'll build a house, not selling up for now, but I am slowly diversify away from mostly growth stocks and crypto, they are like the cocaine and hookers of the investing world, great fun if you get lucky but absolutely not safe or sustainable longterm haha.

theboringfox · 12-05-2021 6:57pm

Up 5% ... was down entering this year after panic sell last March lost me about 30%. Slow grind back up. I am largely in value stocks

neris · 12-05-2021 7:05pm

Small portfolio and pretty much down overall. Most of my American based company's are up. Mainly tyson foods and AT&T. My European ones are keeping me down. Large portion in a uk based russian warehouse owner has me down 40%. Its a microcap that i bought for growth and a long term hold, have Santander which is slowly coming back towards the black.

VertBlue · 12-05-2021 7:32pm

Down 22% after being up a similar amount. While it's hard to look at now I'm still confident with my portfolio in the long run

Layne · 12-05-2021 7:43pm

Down 19% and falling fast.
Lemonade dropping like a stone and others aren't faring much better.
In it for the long haul so not overly concerned. Am worried about how long it will take to claw back the losses of the last few weeks.
Would live to average down on some stocks as there is value out there but not an option at the moment.
I'll keep repeating the 'time in the market' mantra to myself to soothe my battered T212 portfolio value!!

LC134 · 12-05-2021 8:37pm

Pretty much flat / neutral on my initial capital, but technically down about 8% as I took some profits earlier in the year and had small dividends too. First 6 months investing. Was up 48% at one point. Took a beating in March and panic sold positions which cost me about 7%. Not sure what state those panic sold stocks would be in today but they rebounded a lot back then.

Interestingly, if I held all my initial 10 or 15 starting positions (held only 2 or 3 and profited on the rest, then went SPACs, biotech, growth spec...) I’d probably be up 30-40% today. Was a good blend of stocks and all Schwab A rated at the time. May just have been my timing too for those typical steady stocks.

I regret not going more into VFH financials ETF. I tried to build up holding in two Ark ETFs too quickly but will average down periodically.

Shedite27 · 12-05-2021 8:44pm

Yeah Crypto saving me too, still down about 5% YTD, probably 30% off the highs of Feb. To be honest, I don't even consider them real highs, they were far above reality.

For those giving out about lemonade, did any of ye read the shareholder letter? Or review the results?

MikeSoys · 12-05-2021 8:54pm

SmokyMo wrote: »

that can only work so many times until its fully priced in.

Us is printing trillions they need to print more to service the debt. This is a much needed correction.. hopefully we're not going into a period of Stagnation.. SPACS is not a good investment imo. Dow having worst day since jan..
Anyone can make money in a bull Market, look at what would you like to hold in 10 yrs.us Stock still OVERPRICED...

MikeSoys · 12-05-2021 9:00pm

circa DJI - 650 into the close. More selling now. Take a moment to think about Elon he's lost an ugly amount this week.

KO might be good sub $52

Valhallapt · 12-05-2021 9:11pm

This feels like a full on crash. My DEGIRO looks like an ark etf, tech and genomic heavy, really hurting now.

daheff · 12-05-2021 9:17pm

Time to put cash sitting on sidelines into the market now, or wait a little while longer?

MikeSoys · 12-05-2021 9:22pm

Valhallapt wrote: »

This feels like a full on crash. My DEGIRO looks like an ark etf, tech and genomic heavy, really hurting now.

A much needed correction.. I'd put a Google news alert for and word from FED
I think a correction is when market falls 10% from 52w high.. If we down more by Friday then we on the way down big time(which is good)

Would be looking at stock that actually make a profit in the real world, dividend stock, work our your usd/eur exposure though....

the butcher · 12-05-2021 9:27pm

Gone from being up 30% start of March to 8.4% up now but I'm not worried. I've seen this "sell in May" type pattern before. Averaging down what I think I want to hold the longest and has the strongest chance of growth. Crypto wise my IOTA holdings has been staying in the same range for a good while now.

I know it's hard to log off from degiro and the like but consider it if it's panicking you daily. If you are doing this for short term gains it's not really investing at all and you will more than likely get snookered by swings in the market. There's a very good chance of a "vaccine reaching critical mass" type boost end of July/August. Also keeping an eye on this hyper inflation fear + trying to figure out if the central banks will ever try to shut off the money tap that's falling into the bucket of holes

pioneerpro · 12-05-2021 9:30pm

MikeSoys wrote: »

work our your usd/eur exposure though....

That slippage is offset on your CGT is it not?

MikeSoys · 12-05-2021 9:32pm

the butcher wrote: »

Gone from being up 30% start of March to 8.4% up now but I'm not worried. I've seen this "sell in May" type pattern before. Averaging down what I think I want to hold the longest and has the strongest chance of growth. Crypto wise my IOTA holdings has been staying in the same range for a good while now.

I know it's hard to log off from degiro and the like but consider it if it's panicking you daily. If you are doing this for short term gains it's not really investing at all and you will more than likely get snookered by swings in the market. There's a very good chance of a "vaccine reaching critical mass" type boost end of July/August. Also keeping an eye on this hyper inflation fear + trying to figure out if the central banks will ever try to shut off the money tap that's falling into the bucket of holes

I can't see hyperinflation.. Its the USA they will declare war with someone before they allow it going that far Stagnation after the economy cools. Don't forget about the Indian varient!!

MikeSoys · 12-05-2021 9:39pm

pioneerpro wrote: »

That slippage is offset on your CGT is it not?

Yes,

Cpfm · 12-05-2021 9:45pm

-6% on degiro, from +30% in Jan, only a small venture into crypto so it hasn't saved me.

MikeSoys · 12-05-2021 9:48pm

daheff wrote: »

Time to put cash sitting on sidelines into the market now, or wait a little while longer?

I'd consider (my option only) selling anything(taking profit) that's not paying div and more speculation(SPACS)!!!!! .. But those stocks are prob up +20% this Yr so if we go into a crash you will find it hard to find a matching buyer of ur sell.

I'm a long term investor I've usd on sidelines looking to buy into long term stock paying dividends that can beat inflation(not rushing in yet.. Wait and see) ... Israle-gaza news not considered

bfa1509 · 12-05-2021 10:00pm

A colleague of mine at work today was saying about a girl she knows on a J1 internship in the US. She was saying there is a huge gang of them over there and they are all getting Joe Biden's stimulus cheques.

The inflation problem is only beginning and the stock market is a broken sh1tshow! We're running out of places to put our money. It'll be interesting to see if crypto continues to gain from this.

Smee_Again · 12-05-2021 10:06pm

I thought the J1 had been cancelled.

bfa1509 · 12-05-2021 10:11pm

Smee_Again wrote: »

I thought the J1 had been cancelled.

You could be right, I can't imagine plane loads of students going over to the US this year. She may have been talking about last year and Trump's cheques:

https://www.irishtimes.com/news/ireland/irish-news/covid-19-payment-to-former-j1-students-may-affect-ability-to-return-to-us-1.4245643

cc87 · 12-05-2021 11:02pm

Current portfolio:

BT.L, IAG.L, TRR.L & NOK are the main ones keeping me from falling further and crypto (ETH & ADA main gainers).

Made the same mistake as previous posters of reinvesting profits at the wrong time!

cronos · 12-05-2021 11:02pm

bfa1509 wrote: »

A colleague of mine at work today was saying about a girl she knows on a J1 internship in the US. She was saying there is a huge gang of them over there and they are all getting Joe Biden's stimulus cheques.

The inflation problem is only beginning and the stock market is a broken sh1tshow! We're running out of places to put our money. It'll be interesting to see if crypto continues to gain from this.

I'm personally fairly confident that inflation is temporary.

The only real concern I would have would be a COVID 2 situation where a variant came out that the vaccines were not covering. For me the rest is just everything rebalancing to norms after a big shift from one type of stocks to another and now back to half and half like normal. Where that normal is though will impact growth investors allot.

I do think a lot of money was spent during this period that will ultimately need to be repaid. But if COVID is a once in 100 year type of event then that repayment can be spread out over a good bit. However as I say confidence would be hit if there was a COVID 2 situation.

bfa1509 · 12-05-2021 11:13pm

cronos wrote: »

I'm personally fairly confident that inflation is temporary.

The only real concern I would have would be a COVID 2 situation where a variant came out that the vaccines were not covering. For me the rest is just everything rebalancing to norms after a big shift from one type of stocks to another and now back to half and half like normal. Where that normal is though will impact growth investors allot.

I do think a lot of money was spent during this period that will ultimately need to be repaid. But if COVID is a once in 100 year type of event then that repayment can be spread out over a good bit. However as I say confidence would be hit if there was a COVID 2 situation.

Exactly, a covid2 should be an investor's number one concern. Question is where to to have your money in anticipation of this. Gold, tech, bitcoin? Hard to tell.

cc87 · 12-05-2021 11:16pm

The power Elon has to influence crypto prices is scary. BTC price dropped straight away

https://twitter.com/elonmusk/status/1392602041025843203

cronos · 12-05-2021 11:41pm

cc87 wrote: »

The power Elon has to influence crypto prices is scary. BTC price dropped straight away

https://twitter.com/elonmusk/status/1392602041025843203

Amazing they have the nerve to suggest that it's recent. Everyone has known that for years.

cc87 · 12-05-2021 11:55pm

cronos wrote: »

Amazing they have the nerve to suggest that it's recent. Everyone has known that for years.

I feel like BTC is becoming too mainstream for him these days. Probably tweet about buying a different crypto in the next few days and the energy concerns are just a smokescreen.

Just hope it's a coin I hold!

ceekay74 · 13-05-2021 12:31am

This made me laugh quite a few times...

https://youtu.be/sIxtzJVnHNw

Everything moneys take on Stock Moe

Hulk Hands · 13-05-2021 2:47am

cronos wrote: »

I've been buying some DKNG at BEP 43. Seems like a good deal to me.

I understand how IPO's have been crazy in the US, driving interest, but why would anyone over here, where Flutter is headquartered, buy Draftkings? Flutters market cap is only slightly larger despite already being far more successful in the states, and then the extra 1.9BN of revenue from established business in the rest of the world, probably top 2 in the ROW market. Draftkings have little experience of success at anything. Either Flutter is way underpriced (through not being listed in the US) or Draftkings overpriced. I suspect both.

I'd imagine Flutters price will go through the roof once they get over the fox court case and IPO FanDuel in the US

new2tri19 · 13-05-2021 8:36am

cc87 wrote: »

The power Elon has to influence crypto prices is scary. BTC price dropped straight away

https://twitter.com/elonmusk/status/1392602041025843203

It's not good that , I think he should be more responsible he's going to cause alot of people to make or lose lots of money . I think there should be a law against what he's doing .

One More Toy · 13-05-2021 8:52am

Ouch, the bleeding continues...

SmokyMo · 13-05-2021 9:05am

new2tri19 wrote: »

It's not good that , I think he should be more responsible he's going to cause alot of people to make or lose lots of money . I think there should be a law against what he's doing .

I think its the people who should be more responsible. People were cheering him every time he pumped and every time you gain from markets somebody looses.

cc87 · 13-05-2021 9:05am

new2tri19 wrote: »

It's not good that , I think he should be more responsible he's going to cause alot of people to make or lose lots of money . I think there should be a law against what he's doing .

Regulating crypto is a weird one, if the SEC do it, it's likely a lot more investment funds will put money towards it possibly increasing the price.

But could also mean a lot of exchanges currently used will come under the SEC meaning some will probably stop operating in the US leading to a sell-off possibly dropping prices. Only the major exchanges like coinbase, binance could easily absorb the costs of becoming regulated.

cc87 · 13-05-2021 9:12am

I find comfort that red days in the UK market are 4/5% and not 15-20% like the US.

Chuckie_Egg · 13-05-2021 10:19am

cc87 wrote: »

Regulating crypto is a weird one, if the SEC do it, it's likely a lot more investment funds will put money towards it possibly increasing the price.

But could also mean a lot of exchanges currently used will come under the SEC meaning some will probably stop operating in the US leading to a sell-off possibly dropping prices. Only the major exchanges like coinbase, binance could easily absorb the costs of becoming regulated.

Not many investment funds will put money into these. any decent investment fund will not touch them with a barge poll as they have no fundamentals.
Regulation will effect Coinbase, it will probably land itself in trouble in time as the more scrutiny it is under the less it can manipulate or paint trades. That is one reason I would not invest in $Coin

Shedite27 · 13-05-2021 10:24am

Chuckie_Egg wrote: »

Not many investment funds will put money into these. any decent investment fund will not touch them with a barge poll as they have no fundamentals.
Regulation will effect Coinbase, it will probably land itself in trouble in time as the more scrutiny it is under the less it can manipulate or paint trades. That is one reason I would not invest in $Coin

Not multi-asset funds, but there's a few Bitcoin trackers out there that people can avail of. What we're seeing more and more of these days is people putting 2-5% of a portfolio into a Bitcoin tracker ETF

pioneerpro · 13-05-2021 11:09am

https://twitter.com/saxena_puru/status/1392704371217944576?s=21

Some truth in this, although there's no way that growth-tech can't/won't bounce back strongly imo. We're really ramping up for IoT and Web 3.0 atm.

13-05-2021 11:26am

pioneerpro wrote: »

https://twitter.com/saxena_puru/status/1392704371217944576?s=21

Some truth in this, although there's no way that growth-tech can't/won't bounce back strongly imo. We're really ramping up for IoT and Web 3.0 atm.

And yet he ignores the very obvious - Crypto.

MikeSoys · 13-05-2021 11:35am

DOW futures going south.

pioneerpro · 13-05-2021 12:24pm

Deleted User wrote: »

And yet he ignores the very obvious - Crypto.

I don't think he ignores it - it's a separate entity from the other assets being discussed for numerous distinct reasons.

The 401k and Real Estate markets aren't tied up in Crypto, nor are energy /commodity futures. It's an unregulated and decentralised market which cannot should not have a contagion effect on other markets, other than out of sheer ****ing hubris from Institutional Investors (new Goldman Sachs trading desk anyone?)

Simply put, there weren't any people jumping from buildings in 2018 because of the crypto 'crash' or during the height of ICO scams - unlike the other historical crashes he mentions.

Underground · 13-05-2021 12:40pm

pioneerpro wrote: »

https://twitter.com/saxena_puru/status/1392704371217944576?s=21

Some truth in this, although there's no way that growth-tech can't/won't bounce back strongly imo. We're really ramping up for IoT and Web 3.0 atm.

I generally agree with what he said but just as an aside I can't stand that Puru guy.

One of these guys on Fintwit that is long whenever a stock bounces and is either short or "100% hedged" when a stock tanks.

Shedite27 · 13-05-2021 12:42pm

Deleted User wrote: »

And yet he ignores the very obvious - Crypto.

He's awfully anti-crypto. Has been shouting it's a bubble forever. He claims he's not invested in Crypto hence he's independent, but he knows that Crypto is taking funds that would otherwise be going into his Growth stocks.

And yes, agree with the comment that he's "fully invested" when we've had a good day and "hedged" when there's a bad day.

circadian · 13-05-2021 1:00pm

I think the crypto market is very similar to the fiat market at the minute.

LOTS of speculative buys without any actual product then a few currencies that actually have functions on the blockchain that have some value or merit. The amount of biopharm companies running on pipedreams is unreal. Sure some will make it but most will eventually bottom out and probably stay there.

Both markets are open to manipulation via social media, Elon Musk has shown this and I don't doubt for a second the hedge funds have hired people to pump and manipulate on the likes of twitter and reddit. It's definitely going to get messy.

pioneerpro · 13-05-2021 1:13pm

Underground wrote: »

I generally agree with what he said but just as an aside I can't stand that Puru guy.

One of these guys on Fintwit that is long whenever a stock bounces and is either short or "100% hedged" when a stock tanks.

Hadn't even realised it was from one of those bastions of financial mediocrity and after-timing. That stuff couldn't annoy me more. Still, a stopped clock and all that.

cc87 · 13-05-2021 1:30pm

Think someone might have a rough day at work today
https://www.marketbeat.com/instant-alerts/nyse-pltr-a-buy-or-sell-right-now-2021-05-2-3/

$170 PT instead of $17

Share Picks 2021 - Thread banned users post #1

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