Discussion ***Official*** 2020 Stock Market Thread

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ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
You sound angry. Why at me? I was just asking a question. Did I boast myself as an "insider/expert" about the company? Nope.

I do know that they used to have a few nice looking cars a few year back but the company was just a small "niche" company IMO.
Sorry man. My reply did sound like ass. I apologize .

I don't have much faith in Fisker because of past history what he did at Tesla and bankrupt Fisker Automotive. Plus any new US EV company have to compete with Elon and Tesla. That's pretty much impossible task.
 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
I'm a big fan of Dave Lee and share lot of his investing belief. Dave was early investor in TSLA and bought the stock back in 2012 when it was like $30 share presplit, or like $6 /shr. That's when TSLA total market cap was around $2 or $3 billion. He didn't just buy little. Dave went all in after he did his deep dive research into TSLA and put pretty much his entire life savings and that of his parents in TSLA at that price. And he's still holding and I think he said he still has like 90% of his net worth in TSLA today.

Dave interviewed Emmet Peppers who's just regular investor like me. Emmet invested in TSLA early like Dave and took his ultra conviction/ diamond hands and combined it with smart timed market trades and stock and leap options to turn $1 million to over $30 million this year. But since this video was filmed on November 1 and we had massive market rally this past week, I bet Emmet's account is now probably $50 million plus since he's holding leaps in Square, Tesla, and other names. I liked this video because I could relate to so many things and investing ideas that were discussed. They think like I do. Not just about Tesla but about investing and life in general. I see what they struggled with and it's the same or similar things I'm struggling with or thinking about.

 
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FelixDeCat

Lifer
Aug 4, 2000
30,933
2,652
126
I mentioned on Friday I day traded some Aurora Cannabis on Friday. I dont know why traders decided to pick that particular weed stock to rally vs. plenty of better names to choose from, but I dont argue, I just trade.

Last week it went from $4.50 on Monday and hit an intraday high of $12.18, before pulling back to close under $10 once people realized what a crappy company it is and how they could not make money if their lives depended on it. I think management was stoned when they created and executed their business plan. :) Motley Fool has chronicled their bungling and for years now.

They are scheduled to release earnings Monday. Never underestimate the markets reaction to whatever news comes out.

In general people are expecting great things from Weed/CBD stocks with a few more states legalizing and the possibility of Joe lifting the federal ban. Im not so sure what will happen and will only trade. Here is my watch list:


Capture.JPG



People also think solar stocks will do well, even though many have rallied to extreme valuations in 2020.....so much so that analysts and brokers are actually issuing SELL recommendations on the biggest names!

Capture.JPG


And of course EV cos which also rallied bigly in 2020:

e.JPG


(sorry for the size but it looks like a hard limit on images is now in effect)
 

FelixDeCat

Lifer
Aug 4, 2000
30,933
2,652
126
I think biotech and drug stocks might do well, and maybe even those trying to discover a way to treat / help those with Alzheimer's:

c.JPG

Biogen's stock was halted on Friday pending an advisory panel's opinion on its candidate to treat Alzheimers. The FDA advisory panel voted late Friday against Biogen's (BIIB) drug to treat Alzheimers. A FDA decision is expected in March 2021 and they may or may not take the panel's reccomendation.
 
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KB

Diamond Member
Nov 8, 1999
5,406
389
126
Looks like the Santa Claus Rally is coming early this year:


When Trump won and the market popped they called it the Trump bump. Now the same things happens, so might as well call this the Biden Bump.

Maybe Pfizer will finally get some love. That stock has languished for years.
 
Nov 8, 2012
20,842
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Looks like the Santa Claus Rally is coming early this year:


I mean, that was well assumed for me the entire time.

lol how good the vaccine is makes stocks jump? Christ, that doesn't give the final approval, massive manufacturing, distribution etc...

Whatever - looks like the pandemic is already long gone magically. I stopped by costco this weekend and it was flooded as shit - including with fucking morons that bring their 4 older kids and entire family of mom, dad, and grandma like it's a family outing. Pathetic.
 
Nov 8, 2012
20,842
4,785
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When Trump won and the market popped they called it the Trump bump. Now the same things happens, so might as well call this the Biden Bump.

Maybe Pfizer will finally get some love. That stock has languished for years.

wut? The market dropped when Trump won. Maybe you're referring to the recovery when everyone said "Oh, nevermind - it looks like he will be friendly to business".
 
Nov 8, 2012
20,842
4,785
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Haha, Zoom right now is down 17%.

WebEx, Zoom, etc. are definitely going to go away over time methinks. MS Teams is too integrated with office / outlook for most large companies to not have a desire for.

In all likelihood Teams costs chump change since they have to pay for 365 anyhow.
 
Nov 8, 2012
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lol seeing Peleton dropping from the news on vaccines is pretty funny. So.... wallstreet thinks people will buy less exercise equipment because they can go outside more with a vaccine?
 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
hehe. Stay at home stocks getting crushed and Boomers stocks back in play.

This is why Tesla is so awesome. They're positioned perfectly to grow in the market. Biden presidency combined with world's desire for green future, especially after this coronavirus ravaged the world is going to really fuel Tesla's growth. If you want insane growth, stocks like corona stocks like Zoom and Peloton are no longer in play. And you can only play Boomer recovery plays and bounce for so long. The growth guys need to find other growth stocks. They will come back home to Tesla. All that growth money needs to find new home.

Think long. Think Tesla. :p EV, Solar, Energy, FSD with AI software and hardware with greater than 40-50% a year projected growth over the next 10 years. It's absolutely mind-blowing numbers if you know anything about growth and scale of large numbers when it comes to large company. Not even Amazon grew this fast when it was size big as Tesla. I can't think of single company in recent times that can match Tesla's numbers.
 

echo4747

Golden Member
Jun 22, 2005
1,979
156
106
hehe. Stay at home stocks getting crushed and Boomers stocks back in play.

This is why Tesla is so awesome. They're positioned perfectly to grow in the market. Biden presidency combined with world's desire for green future, especially after this coronavirus ravaged the world is going to really fuel Tesla's growth. If you want insane growth, stocks like corona stocks like Zoom and Peloton are no longer in play. And you can only play Boomer recovery plays and bounce for so long. The growth guys need to find other growth stocks. They will come back home to Tesla. All that growth money needs to find new home.

Think long. Think Tesla. :p EV, Solar, Energy, FSD with AI software and hardware with greater than 40-50% a year projected growth over the next 10 years. It's absolutely mind-blowing numbers if you know anything about growth and scale of large numbers when it comes to large company. Not even Amazon grew this fast when it was size big as Tesla. I can't think of single company in recent times that can match Tesla's numbers.
I do not consider myself a very knowledgeable investor with regard to the stock market but, I do believe electric vehicles and full self driving will be mainstream shortly. If one were to have an 8-10 year horizon and purchased tesla shares at todays current price.. would be far-fetched to assume your investment may double and double once more? I am also very aware that it may also lose a substantial amount as well.

* on an unrelated note I am considering purchasing a model Y and would like to know if the vehicle could sit/unused for a period of roughly 4 months without charging? (dont plan on using it for winter driving and would like to store it in a garage without electric) Would it damage the battery?
 

mohit9206

Golden Member
Jul 2, 2013
1,381
511
136
One thing I've realized especially after what has happened this month is that stock market is the craziest place. No one can predict what will happen next.
 

Red Squirrel

No Lifer
May 24, 2003
70,448
13,746
126
www.anyf.ca
Stockmarket is basically a casino lol. It's part skill and part luck. I have a small amount of money allocated for stocks, I figure my odds are still better than winning the lotto, but I don't put more money into it than I would put into lotto tickets. I have $20 per pay that goes into my Virtual Broker's account. When I see a stock that I have a good feeling about I might go into the account to see if I have enough to buy 100 of it.

Right now I'm mostly banking on a local mine that I have tons of stock in, my other stocks into stuff like lithium are kinda not going anywhere. No sense in cashing them as I'm losing money though so just holding for now. When Tesla started announcing the gigafactory I started buying lot of lithium related stocks in hopes they would go up but they did not really move.
 

ultimatebob

Lifer
Jul 1, 2001
25,134
2,450
126
Why isn't my Datadog stock going up with the rest of the market today? Do analysts suddenly think that servers and applications aren't going to need to be monitored now that Joe Biden is president? Come on, man! :)
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
91
. . . No sense in cashing them as I'm losing money though so just holding for now.
I, too, suffer from this mentality. It is very hard to lock in losses and sell a loser. I've held on to too many dogs.

Anyway, am wondering whether to cash out of financial stocks today to lock in bigly gains.
 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
I do not consider myself a very knowledgeable investor with regard to the stock market but, I do believe electric vehicles and full self driving will be mainstream shortly. If one were to have an 8-10 year horizon and purchased tesla shares at todays current price.. would be far-fetched to assume your investment may double and double once more? I am also very aware that it may also lose a substantial amount as well.

* on an unrelated note I am considering purchasing a model Y and would like to know if the vehicle could sit/unused for a period of roughly 4 months without charging? (dont plan on using it for winter driving and would like to store it in a garage without electric) Would it damage the battery?
At today's $430 share price, TSLA is worth about $408 billion. To be honest, that's pretty rich valuation. When I made my financial model back in 2018 when TSLA was worth about $50 billion, I thought TSLA could grow to about $500 billion company by 2024-2025 and $1 trillion by 2030 if everything went well and Tesla continued to execute at the highest level. We're couple years early on my TSLA prediction. But then I look around at the market today and everything is priced high. So relative to the market's growth rate, I think TLSA is still undervalued right now even at current price and will still go higher near term. I wouldn't have almost everything in TSLA right now if I thought otherwise.

In your 8-10 years scenario, I have very little doubt TSLA will be $1 trillion+ company. How high is anyone's guess but I think TSLA will become world's most valuable company and pass Apple in the next 10-20 years. Maybe $2 to $5 trillion range sometime in the next 10-15 years. Could be more. Predicting the exact pace of exponential growth is tricky and predicting the stock price in the future is even trickier. Lot of things have to go right for Tesla to achieve that multi trillion market valuation. But I'm confident with Elon at the helm, the chances are great Tesla will fulfill its mission and achieve greatness.

As for your question about storing Model Y for months without charging and if that will affect the health of the battery, I don't know. You might want to ask Tesla. I assume it will be fine once you recharge but others might know better.
 

Ken g6

Programming Moderator, Elite Member
Moderator
Dec 11, 1999
16,682
4,633
75
* on an unrelated note I am considering purchasing a model Y and would like to know if the vehicle could sit/unused for a period of roughly 4 months without charging? (dont plan on using it for winter driving and would like to store it in a garage without electric) Would it damage the battery?
I think the better question is, why don't you want to use a Model Y for winter driving? It has (digital!) all-wheel drive and traction control. Low center of gravity also means you're less likely to flip if you ever spin out anyway.

But if you want to know more you should probably start a thread in The Garage forum.
 

echo4747

Golden Member
Jun 22, 2005
1,979
156
106
I think the better question is, why don't you want to use a Model Y for winter driving? It has (digital!) all-wheel drive and traction control. Low center of gravity also means you're less likely to flip if you ever spin out anyway.

But if you want to know more you should probably start a thread in The Garage forum.
I happen to have a 2013 toyota landcrisier also has a very good awd system i plan on driving thru winter.. I live in an area the often gets heavy lake effect snowfall (western NY southtowns) Quite often its not yourself getting stuck its other drivers/vehicles that get stranded and clog the roads for many hours. I just dont feel comfortable with just electric power only should I need to spend the night need to constantly run heater as i think it would probably drain the battery somewhat quickly. With the landcrusier and a full tank of gas I could spend quite a long time in the event I'm stranded