Stock Discussions 2024

[trent]

1 hour ago, Konebhar6 said:

Learn a bit more about it. It's a good stock with good earnings, a PE of 20, and even a dividend of 3%. It has a good portfolio of drugs. 

What did you buy earlier in Pharma?

Infi, Lgmk

[csrcsr]

6 hours ago, trent said:

guys, 

s&p 500 lo ippudu invest cheyocha?

and vanguard etc eco vuntay ga cheppandi.

questrade using nenu for US stocks .

canada nunchi ante Idi better ani 2 yrs back ekkado chusa. Or any other better platforms from Canada?

Sp500 ante symbol SPY e na? 

Yes SPY but its at all time high , again we dont know what is the defination of high bro long term baane untadi , not sure yiu want ro wait for it to correct a little bit

Levels chudu its showing some sign of weakness roday may be koncham dip avutadi emo you can enter (agaij no gurantee market is crazy from 1week)

There wil be earnibgs of nvidea next week if this is bad spy can get little coreected nvidea is around 6% to 7% in  spy etf again if nvidea does well post earnings inka veltadi

Long term ita should not be issue observe and get in bro

[Konebhar6]

1 hour ago, trent said:

Infi, Lgmk

Pls don’t call them pharma companies. Invest in big pharma. 

[psycontr]

Market cool down started

[krishnaaa]

7 hours ago, psycontr said:

Market cool down started

Its just a breather before CPI report tomorrow.

[Allrequal]

2 hours ago, krishnaaa said:

Its just a breather before CPI report tomorrow.

Sorry for my question what is cpi report bro? Does that impact stocks ??

[krishnaaa]

6 minutes ago, Allrequal said:

Sorry for my question what is cpi report bro? Does that impact stocks ??

Consumer Price Index.....Its like an inflation report at consumer level. Comes out tomorrow morning

On Thursday we get PPI (Producer Price Index).

CPI is more important than PPI though.

If it shows inflation going down, Fed would continue with rate cuts.

Inflation spike means No december rate cut which means stocks would go down.

I don't think there would be a spike as Rent report came in showing that Rents haven't been increasing lately.

https://www.marketwatch.com/economy-politics/calendar

[Allrequal]

3 minutes ago, krishnaaa said:

Consumer Price Index.....Its like an inflation report at consumer level. Comes out tomorrow morning

On Thursday we get PPI (Producer Price Index).

CPI is more important than PPI though.

If it shows inflation going down, Fed would continue with rate cuts.

Inflation spike means No december rate cut which means stocks would go down.

I don't think there would be a spike as Rent report came in showing that Rents haven't been increasing lately.

https://www.marketwatch.com/economy-politics/calendar

Thank you so much @krishnaaa bro🙌🏻

[krishnaaa]

11 hours ago, Allrequal said:

Thank you so much @krishnaaa bro🙌🏻

Market should go up

No spike

[Konebhar6]

@krishnaaa What's the news on STNE? It dropped and seems tempting. Is it because of the results, or are there any interest changes in Brazil? What's going on with it?

[lollilolli2020]

55 minutes ago, Konebhar6 said:

@krishnaaa What's the news on STNE? It dropped and seems tempting. Is it because of the results, or are there any interest changes in Brazil? What's going on with it?

https://www.instagram.com/reel/DA-0ybeJnfY/?utm_source=ig_web_button_share_sheet

[krishnaaa]

1 hour ago, Konebhar6 said:

@krishnaaa What's the news on STNE? It dropped and seems tempting. Is it because of the results, or are there any interest changes in Brazil? What's going on with it?

They aren't showing 30% growth like before. They are thinking about how to improve shareholder value though based on the Conference call.

Looks like growth is dead. There might be a temperory bump in case they decide to issue a dividend or something.

I have taken it off my list.  Will hold some more time in case Brazil currency picks up.

 

[krishnaaa]

1 hour ago, Konebhar6 said:

@krishnaaa What's the news on STNE? It dropped and seems tempting. Is it because of the results, or are there any interest changes in Brazil? What's going on with it?

Fyi....I sold 33% of my Hims holdings at 30 and bought RKT.

RKT fell down due to lower refinances volume. I expect this scenario to tun around in 2025 with more rate cuts.

[Konebhar6]

1 hour ago, krishnaaa said:

Fyi....I sold 33% of my Hims holdings at 30 and bought RKT.

RKT fell down due to lower refinances volume. I expect this scenario to tun around in 2025 with more rate cuts.

RKT Makes sense. Volume will increase in 2025. I haven't tracked Fed on rate cuts. Is the plan to continue rate cuts next year as well? Or will they put a pause on it and plan to reduce inflation?

[krishnaaa]

15 minutes ago, Konebhar6 said:

RKT Makes sense. Volume will increase in 2025. I haven't tracked Fed on rate cuts. Is the plan to continue rate cuts next year as well? Or will they put a pause on it and plan to reduce inflation?

Market has December rate cut and 75 basis points cut in 2025 priced in.

My take is that the job market is dismal....the numbers are held up by seasonal hiring,fake numbers and temp govt jobs. Which is the reason why Democrats lost this election.

This should wear off in first half of 2025 which should force Fed to not pause cutting.

Inflation as well is held up by lag in Rent and Shelter data. Home prices aren't increasing like before and Rents are coming down. Fed don't like deflation.

In addition to that we might even get the Elon effect on Govt job cuts.