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Making Money 2017 Stock Market thread
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BB1 Offline
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Post: #501
RE: 2017 Stock Market thread
(06-12-2019 08:48 AM)uhriginal Wrote:  I like were $ZS is at right now and its growth potential. Would you recommend starting a position at its current price ~$75?

Zscaler (ZS) is a great business with amazing cloud based security solutions. I personally think the current price ($79) is very steep. You could open a partial position here, and wait for some better opportunities to build a full position.
(This post was last modified: 06-14-2019 02:25 AM by BB1.)
06-14-2019 02:21 AM
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BB1 Offline
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Post: #502
RE: 2017 Stock Market thread
Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine
06-18-2019 07:32 AM
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jbkunt2 Offline
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RE: 2017 Stock Market thread
I'm copying you!
06-18-2019 10:02 AM
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BB1 Offline
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Post: #504
RE: 2017 Stock Market thread
Great to see MongoDB continuing to innovate and go after Amazon Web Services Athena offering:

"The highlight of today’s set of announcements is probably the launch of MongoDB Atlas Data Lake. Atlas Data Lake allows users to query data, using the MongoDB Query Language, on AWS S3, no matter their format, including JSON, BSON, CSV, TSV, Parquet and Avro. To get started, users only need to point the service at their existing S3 buckets. They don’t have to manage servers or other infrastructure. Support for Data Lake on Google Cloud Storage and Azure Storage is in the works and will launch in the future."

https://techcrunch.com/2019/06/18/mongod...-and-more/
06-19-2019 09:06 PM
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deneuk Offline
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Post: #505
RE: 2017 Stock Market thread
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

All in with my 237 euro no hesitation, should've done it when you called $mdb thanks. Banana
06-20-2019 12:02 PM
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uhriginal Offline
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Post: #506
RE: 2017 Stock Market thread
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

Got in today at 73

Lets do this Banana
06-26-2019 03:41 PM
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BB1 Offline
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Post: #507
RE: 2017 Stock Market thread
Elastic launches a cybersecurity (SIEM) product.

https://www.elastic.co/blog/introducing-elastic-siem

These guys are not fucking around!!
06-27-2019 02:34 AM
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deneuk Offline
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Post: #508
RE: 2017 Stock Market thread
(06-26-2019 03:41 PM)uhriginal Wrote:  
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

Got in today at 73

Lets do this Banana

Lucky man i fomo'd in on the wick up to 78 something
06-27-2019 05:53 AM
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Deepdiver Offline
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Post: #509
RE: 2017 Stock Market thread
Fascinating USAwatchdog.com interview with EuroPac Peter Schiff:
https://youtu.be/aTaBQFbKTgs




Deepdiver the OG Hunter-Killer ... NBF - Nuke Boats Forever!
"You do not have to be a perfect person to be a perfect PATRIOT!"

Official Whitehouse.gov President Donald John Trump's real achievements: https://www.whitehouse.gov/trump-adminis...lishments/

Communist Freaking Red China's Plan to Undermine the USA and the West:
https://www.whitehouse.gov/wp-content/up...18-PDF.pdf

The Naked Communists 45 Goals for the USA:
http://www.restoring-america.com/Documen...0NOTES.pdf
(This post was last modified: 06-27-2019 03:13 PM by Deepdiver.)
06-27-2019 03:05 PM
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Deepdiver Offline
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Post: #510
RE: 2017 Stock Market thread

Deepdiver the OG Hunter-Killer ... NBF - Nuke Boats Forever!
"You do not have to be a perfect person to be a perfect PATRIOT!"

Official Whitehouse.gov President Donald John Trump's real achievements: https://www.whitehouse.gov/trump-adminis...lishments/

Communist Freaking Red China's Plan to Undermine the USA and the West:
https://www.whitehouse.gov/wp-content/up...18-PDF.pdf

The Naked Communists 45 Goals for the USA:
http://www.restoring-america.com/Documen...0NOTES.pdf
06-27-2019 05:05 PM
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deneuk Offline
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Post: #511
RE: 2017 Stock Market thread
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

What is going on with all the insider selling recently does it not worry you?
07-01-2019 06:30 AM
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BB1 Offline
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Post: #512
RE: 2017 Stock Market thread
(07-01-2019 06:30 AM)deneuk Wrote:  
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

What is going on with all the insider selling recently does it not worry you?

No, the CEO, Shay Banon, sold shares worth about $16 million, but he still holds $600 million worth.

Fun fact - Banon runs a popular blog called The Dude Abides : https://thedudeabides.com/
07-01-2019 07:29 AM
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Post: #513
RE: 2017 Stock Market thread
(07-01-2019 07:29 AM)BB1 Wrote:  
(07-01-2019 06:30 AM)deneuk Wrote:  
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

What is going on with all the insider selling recently does it not worry you?

No, the CEO, Shay Banon, sold shares worth about $16 million, but he still holds $600 million worth.

Fun fact - Banon runs a popular blog called The Dude Abides : https://thedudeabides.com/

Roger, let's see what the market does today less than an hour to go.
07-01-2019 07:38 AM
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white22 Offline
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Post: #514
RE: 2017 Stock Market thread
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

Wow, thanks for the tip-off on these guys. I never even heard of them before today, but they are doing some big things with lots of big names ....Netflix, eBay, Goldman Sachs, NASA, Microsoft, Mayo Clinic, The New York Times, Wikipedia, and Verizon, Adobe, Cisco, Sprint, Uber, Walgreens, Tinder...

I'm in!! Banana
07-01-2019 04:42 PM
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Deepdiver Offline
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RE: 2017 Stock Market thread
Lets see if this upbeat news holds the markets attention...

Volatility Swoons as Risk Assets Rejoice Trump-Xi G20 Meeting
Jul 1, 2019 4:20 pm -04:00
Rich Dvorak

https://www.dailyfx.com/forex/market_ale...eting.html

by Rich Dvorak , Junior Analyst
US CHINA TRADE DEAL HOPES CRUSHES VOLATILITY ACROSS ASSETS

Risk assets like stocks and crude oil soar following news that Trump and Xi agreed to a trade war ceasefire at the G20 Summit in Osaka, Japan over the weekend
Volatility readings for several asset classes crumble in response and continue the downward trend sparked by expectations of looser monetary policy
Traders could be blindsided by the Fed refusing to capitulate or if a US China trade deal fails to materialize as it has in the past

Volatility measures are plummeting for several asset classes such as US and EM equity markets, oil and gold prices, as well as for currencies and US10YR Treasuries. The sharp move lower in volatility comes in response to risk assets rising substantially on the back of positive developments out of the G20 Summit in Osaka, Japan over the weekend. The most prominent headline was US President Trump and Chinese President Xi deciding to scale back an escalating trade war between their two countries which comprise roughly 40 percent of global GDP.

Click link above for detailed charts.

Deepdiver the OG Hunter-Killer ... NBF - Nuke Boats Forever!
"You do not have to be a perfect person to be a perfect PATRIOT!"

Official Whitehouse.gov President Donald John Trump's real achievements: https://www.whitehouse.gov/trump-adminis...lishments/

Communist Freaking Red China's Plan to Undermine the USA and the West:
https://www.whitehouse.gov/wp-content/up...18-PDF.pdf

The Naked Communists 45 Goals for the USA:
http://www.restoring-america.com/Documen...0NOTES.pdf
07-01-2019 04:48 PM
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Kid Twist Offline
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RE: 2017 Stock Market thread
(06-27-2019 03:05 PM)Deepdiver Wrote:  Fascinating USAwatchdog.com interview with EuroPac Peter Schiff:

Now that he's been wrong for 10 years, how many more do we give him?

Get your passport ready!
07-01-2019 08:08 PM
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deneuk Offline
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RE: 2017 Stock Market thread
(07-01-2019 07:38 AM)deneuk Wrote:  
(07-01-2019 07:29 AM)BB1 Wrote:  
(07-01-2019 06:30 AM)deneuk Wrote:  
(06-18-2019 07:32 AM)BB1 Wrote:  Brought a full position in Elastic (ESTC) yesterday at $76 . Disruptive technology, hyper growth, founder led, sticky product. Their business model is very similar to MongoDB.
#1 database search engine by a long shot :

https://db-engines.com/en/ranking/search+engine

What is going on with all the insider selling recently does it not worry you?

No, the CEO, Shay Banon, sold shares worth about $16 million, but he still holds $600 million worth.

Fun fact - Banon runs a popular blog called The Dude Abides : https://thedudeabides.com/

Roger, let's see what the market does today less than an hour to go.

$ESTC absolutely killing it today, my fomo buy almost back on surface.
07-02-2019 09:54 AM
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BB1 Offline
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Post: #518
RE: 2017 Stock Market thread
The Dow, S&P 500 and the Nasdaq all finished at a record high today. Congratulations to all who have stayed strong over the past few years, and not let all the fearmongers scare you out of this market!
07-03-2019 07:27 PM
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Arado Offline
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RE: 2017 Stock Market thread
(07-03-2019 07:27 PM)BB1 Wrote:  The Dow, S&P 500 and the Nasdaq all finished at a record high today. Congratulations to all who have stayed strong over the past few years, and not let all the fearmongers scare you out of this market!

You mean congrats to those who knew that the Fed and ECB would start easing and abandon any hope of monetary normalcy. This market remains overvalued and if the Fed can't raise rates above 2.5% then things are not good in the long term. This entire bull market has been fueled by nonstop money printing from Central Banks.
07-03-2019 08:07 PM
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RE: 2017 Stock Market thread
We're closer, but not close, to the end, Arado. And the money supply hasn't dramatically increased (printing of money hasn't gone on). I expect the market to soar to new heights. People doing buy and hold right now (long term) are indeed foolish, however.

Get your passport ready!
07-05-2019 06:18 PM
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Arado Offline
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RE: 2017 Stock Market thread
(07-05-2019 06:18 PM)Kid Twist Wrote:  We're closer, but not close, to the end, Arado. And the money supply hasn't dramatically increased (printing of money hasn't gone on). I expect the market to soar to new heights. People doing buy and hold right now (long term) are indeed foolish, however.

Yup - at least we're on the same page that going all in at current market prices doesn't make too much sense. I don't want to beat a dead horse but others on this thread may be interested. Even if the money supply isn't expanding this very moment, Central Banks have all reversed plans to tighten, so it is a promise to print in the future. We both know that things aren't right but it's impossible to time when things will revert.

If you look at all the QE cycles and the massive liquidity injection in 2015 from the EBC and BOJ, it has been nonstop printing since 2009. The high from the tax cuts wore off by 2018 and we've been essentially treading water since Jan 2018 - S&P is up just 3% since then, bonds would have done almost as well.

Only reason the market hasn't fallen yet is because the Fed has done a complete 180 in monetary policy - we are 2.5% interest rate and the market is pricing in a July rate cut and more QE. Powell has also promised to stop the balance sheet reduction by September even though when they started QE the Fed said that it was only a temporary measure. Fake markets. It's not about staying strong - it's the Powell Put.
(This post was last modified: 07-05-2019 11:03 PM by Arado.)
07-05-2019 10:42 PM
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RE: 2017 Stock Market thread
(07-05-2019 10:42 PM)Arado Wrote:  Yup - at least we're on the same page that going all in at current market prices doesn't make too much sense. I don't want to beat a dead horse but others on this thread may be interested. Even if the money supply isn't expanding this very moment, Central Banks have all reversed plans to tighten, so it is a promise to print in the future. We both know that things aren't right but it's impossible to time when things will revert.

Like you're saying, people are aware that this is collective insanity, but if you don't participate in it, you greatly underperform the market. The question is how do you position yourself?

The Vanguard "buy and hold" mantra is supposedly the voice of reason, but it's easy to adhere to this philosophy in a bull market. Let's see how disciplined everyone is once things go south. As the majority of investing moves from active to passive, when does passive investing itself become a bubble?

Personally I have a portfolio of cloud stocks, and I have a portfolio of stocks that I'm selling short. The idea is that I'm investing long term in tech companies that I believe in, and then offsetting that risk by shorting "tech" companies that have bad business models or are getting overly generous valuations from the market. If the longs outperform the shorts, I win.

I have been gradually scaling into this strategy, while holding cash looking for new opportunities (mainly new short ideas). Whenever the stock market tanks, tech stocks usually lead on the downside. But I think that long term, quality tech companies will always command a premium. What else is going to grow? We are facing possible long term stagnation.
07-06-2019 12:15 AM
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Arado Offline
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RE: 2017 Stock Market thread
(07-06-2019 12:15 AM)Lampwick Wrote:  
(07-05-2019 10:42 PM)Arado Wrote:  Yup - at least we're on the same page that going all in at current market prices doesn't make too much sense. I don't want to beat a dead horse but others on this thread may be interested. Even if the money supply isn't expanding this very moment, Central Banks have all reversed plans to tighten, so it is a promise to print in the future. We both know that things aren't right but it's impossible to time when things will revert.

Like you're saying, people are aware that this is collective insanity, but if you don't participate in it, you greatly underperform the market. The question is how do you position yourself?

The Vanguard "buy and hold" mantra is supposedly the voice of reason, but it's easy to adhere to this philosophy in a bull market. Let's see how disciplined everyone is once things go south. As the majority of investing moves from active to passive, when does passive investing itself become a bubble?

Personally I have a portfolio of cloud stocks, and I have a portfolio of stocks that I'm selling short. The idea is that I'm investing long term in tech companies that I believe in, and then offsetting that risk by shorting "tech" companies that have bad business models or are getting overly generous valuations from the market. If the longs outperform the shorts, I win.

I have been gradually scaling into this strategy, while holding cash looking for new opportunities (mainly new short ideas). Whenever the stock market tanks, tech stocks usually lead on the downside. But I think that long term, quality tech companies will always command a premium. What else is going to grow? We are facing possible long term stagnation.

Seems like a reasonable strategy. Most typical advice for the layperson is to have them invest everything in a Vanguard Index Fund regardless of how distorted the market has become by Central Banks. I imagine many people who have been living high on easy returns are in for a shock in the next downturn, assuming that Central Banks won't do $10 trillion in QE before the crash.
07-06-2019 07:29 AM
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Kid Twist Offline
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RE: 2017 Stock Market thread
^ Arado, for that reason you should be arguing against long term index fund holding. It is a new era, but the CAPE (Shiller) has shown that if not around 13 or lower (we're now at 30) the 10 year play isn't positive, it's negative. I always say, whatever way you look at it, you have to time the market. More on that later, if you all care.

Two things that most people don't want to hear or are too buried in past performances (I don't blame them, it's usually all the evidence an average person can glean) are precisely what has been mentioned: stagnant growth and eventual disfavor of equities as a result. Why? That's precisely what has rocked and rolled for 50 years +. This is the same group (boomer and older) though that lived through all the easy gains. The same group that thinks America can "come back", when it's been gone for some time now.

The corporate debt crisis will ensure that QE doesn't matter for the next downturn, Arado. In fact, QE is an interesting cause of it.

You know this intuitively too ... the more you decrease the interest rate the more it crushes insurance companies and pensions. They know they can't have it both ways. I do a lot of studying and am more knowledgeable on good plays than average Joe, but I'd recommend to him that he sits with more cash on hand than try to play indexes at this point. THEN buy in when the PE valuations are finally at least somewhat sane.

And this is from a guy who thinks the markets will still go a lot higher. I'm just careful with some trusty indicators of when I'll be in cash, waiting, holding for the blood to hit the streets.

Get your passport ready!
07-06-2019 09:45 AM
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jbkunt2 Offline
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Post: #525
RE: 2017 Stock Market thread
Some of you on here and basically conspiracy theorists.

The idea we need to "bring America back"... What does that even mean?

There is no better place to make money than the US. Have you ever even left the country?
07-06-2019 01:16 PM
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