I own 150 shares ARKK, and am currently loading up on ARKQ. I own TSLA AAPL SHOP as well, so what am I too as stupid as all you haters say she is? Cathie Wood and her team analyze different high tech stocks to include in Ark funds and they do great job giving away a lot their research for free, she’s smart and beautiful woman and I’ll continue loading up on ARKQ until spring-summer of 2024 when start buying her ARKX fund get exposure to space industries
I like Cybersecurity and with the way the world is going the internet is going going to be more and more relevant/needed so obviously security will be even more important.. NET CRWD ZS are 3 names I like. Other than that I like AAPL TSLA AMZN GOOG UBER SHOP CRM.
Agree to disagree. ABNB is doing fine and I won’t bet against it but there are enough headwinds and downsides that are very visible. I’m not gonna make any plays but if I do I’d bet on it being flat and be theta gang. Unfortunately short term volatility both ways is always possible with em. The already hot stock that may not be done climbing is surely NVDA. I would never bank on it being a tenbagger at this point but another 2-4x is certainly possible if shit just keeps pumping in AI (not the gpt kind, but in general of all things). I’m in it only because I entered in 2018. I pree much never sell winners for better or for worse. I have TSLA from 2018 too. These 2 examples are the ones that’s easy to be OK about but I was also up more than ten bagger on SHOP and SQ and more, those are so far from the peak now… Back to now, I also really like where ADBE is at despite the recent ER reaction. Also DIS, INTC are ones I’m in outside big techs. Yolo.
I stayed away from it for the last 3 years due to overvaluation, but right now seems like one of the best times to buy it. As far as other e-commerce companies, I own SHOP at $27 and AMZN at $80. I’m in SE at $39 Right now SE has an attractive valuation for the level of growth it still maintains and the total addressable market the company has between its segments. SE is unique to me 1) in the sense that I get to invest in an emerging market (“Sea” Limited = South East Asia) 2) good mix of both value and growth 3) very nice segments to the business in - Shopee (Ecom) - Garena (Gaming) - SeaMoney (Fintech) *(this is not financial advice)*
I mean I still have green in my account.. I’m emphasizing my losses over 5 years, so 15k a year on average. I’m still holding some quality names that are in the green.. SHOP +100% RIOT +130% GE +75% AMZN +49% GOOG +40% But gains don’t amount to 75k sadly 🤷♂️
VFS short are dead now. Move on. NVAX short should begin now. Leverage to your tits. SHOP is dying in 2 weeks. SPY is going to moon for 40 pts. AMC somehow is not dead enough to overcome theta. Move on. TSLA is going to moon due to those artificial bearish articles.
I'm ways away. Absolutely hate myself for not selling during the high. It was not the worse investment decision I made, which was selling out of SHOP under 30, but it's going to be a little while before I can get there since I was in Origin before.
Hahah that’s why we’re all here chief. If there’s a stock with a chance right now for something ridiculous it’s Shopify. I’d give it a 20% to get to $78 by 9/15. Translation : buy a call contract for $SHOP at a strike price of $75 expiring 9/15. If everything works out there’s a chance for the contract to 10x.
I roll forward - always with a higher strike AND with a profit. Many moons ago I bought some SHOP for $35 or so. Sold calls, some expired, then SHOP went up. So I push forward like 3 month or so. Current calls are $49 Jan/2024 (that was longer then I typically do). SHOP is at $66 right now. From November I will look how it does and roll on a heavy dip.
People commenting that this is a falling wedge, that’s not so. I’m not able to comment pictures, neither am I able to edit the chart on this post. Extend the trendline to the all time high point. It now becomes a falling wedge from 2022. The rising wedge during recent time got negated from this week’s candle close. Falling wedge play will take SHOP to all time highs.
I take all of your money and put it in a vanguard ETF. It's rare for somebody to be those earnings, long-term. It's 25% of my portfolio. My advice with stock is to you generally never fold a winner. I am a few stocks that seem to be on the upper trajectory so even though it increases my cost basis, the companies I like I keep buying. WFRD is the stock that I love, I'm up about 40%, CRWD, SHOP, BRZE AMAT are a few others, but do your own research. I also have generally sell my stocks if I make 50%, at some point you just have to take the chips off the table, some people just hold stocks forever. I was up over 10 X one time on Tesla because I bought at the absolute bottom during Covid. Still haven't sold, but I'm still up about 3X. I think you should generally have a certain percentage that if you make, sell
They have a huge moat. They are the best underwriter in the industry, have mega platform partnerships through AMZN, SHOP, and Stripe that reach 80% of US e-commerce, and a game-changer DTC product in the Affirm card.
Disclosure: I used to work there. Quit about 2 years ago to pursue a different career path. The narrative around this company went euphoria in the late 2021 bubble to toxic as rates rose, and now it’s finally turning positive again. Most of this was driven by macro factors and how they were expected to impact results (higher rates increasing cost of funding, fears of a recession, etc). Max was spending a lot on growth and they were a bit late in reacting to the new environment, eventually forcing the 19% RIF and shuttering of units that didn’t contribute to top line or margin immediately. But you can see in the latest report that they have cost growth under control with margins improving while continuing to generate impressive growth, thanks to mega-platform partnerships (AMZN, SHOP, Stripe) and direct-to-consumer (Affirm Card, going after the credit cards’ market). This is a massive opportunity as 85% of retail spend is at bricks-and-mortar while BNPL is less than 1% penetrated there. The fundamentals are rock solid - high-yield lending with industry-best default rates. Follow the trends and you will see they will have a free cash flow profit engine behemoth in a few more quarters.
Am trying long $SHOP after [deal struck for Shopify to use Amazon logistics network](https://finance.yahoo.com/news/amazon-shopify-strike-deal-open-232210599.html). Unclear if Bezos requested the deal to be inked in blood
It's because they made an agreement with SHOP. SHOP a couple of years ago: "We're arming the rebels." "We're going into logistics. "Shop Pay is going to be big." SHOP this year: Forget about logistics and you can use Buy with Prime. Oh and rebels? We sold out to the empire. lol. SHOP is up 8% but just another confirmation that for all the "arm the rebels" talk they need/can't compete with the empire.
There's likely no difference. However, it ultimately depends on how your home country treats investment gains/losses for tax purposes. Generally the issue with owning foreign company stock happens if they pay dividends, but in the case of SHOP, since they do not pay dividends, you do not have this concern.
Canada’s economy is significantly dependent on housing, which has their banks holding a large amount of questionable debt as rates rise. Their biggest and basically only growth stock is $SHOP, maybe $BB 😂. Their immigration policy is also way more than is needed, or really feasible to absorb, and amongst the population is not popular. There are large recessionary cracks starting to show in their economic data. Load up on $TSX if you want I’m personally in a very large $USDCAD long position, I expect further cracks out of the Canadian economy to show. I would personally stay overweight US any day over their northern neighbour.
AI, PLTR, EXAS, SHOP, CRWD, MFST, AAPL, META companies that either explicitly operate in that space, or are adopting a lot of AI in their products. Manufacturing is also on the rise so I'm buying a lot of stocks like X, nue, the current administration is investing a lot in infrastructure, so that should help increase demand for companies that provide steel. AMAT is the stock I like in particular
Not saying Apple will be a bad investment but to poke holes in it: 1. You leave valuation complete out of it - great company is one thing but you can overpay for a great company. I would have NVDA, SHOP, TTD etc if they would have a market multiple. 2. AR/VR waaay to soon to call anything. Going by that logic one should own Yahoo, AOL etc. 3. You don’t just win by throwing money at something. Sure having the money increases your chances but so many examples of how that does not work. 4. You have to take into account things like upgrade cycles and how fast technology changes. IPhone 4 to 6 imo made more impact and thus there is more willingness to upgrade. If cycles prolong by one year makes a big impact. 5. Regulatory risks. The largest companies have some practices that will likely face more regulatory headwind the share Apple takes in the AppStore for subscriptions is i.e. one of the things that might continue indefinitely but might as well be way more regulated within a couple of years. Same goes with right to repair etc. 6. I don’t know if you are from the US but IPhones Position is way different in Europe/Asia could be a bonus as there is more potential for IPhone penetration, but just going by smartphone penetration does not really mean anything to the contrary people will not start buying IPhones you would rather profit from people moving up to the middle class etc. 7. Now this is not supposed to be unkind, but there is not a lot of thesis to poke holes into. Your points are valid to varying degrees but that does not make a thesis up in my mind. Do you have an opinion on ASPs and why that would behave that way also on overall Units sold for the IPhone as their biggest product and what type of product would move the needle so everything that is not included. 8. Diversification is extremely powerful in investing I don’t really see a good argument for having high concentration in any single stock as returns turn geometric and your pick would have to outperform massively to beat the simple math of justification and outperform on a risk adjusted basis. Those would be just some aspects. Don’t get me wrong I like Apple, I like the brand, the valuation is not crazy but I is just like buying any other large quality business at an OK price have not seen any reason why AAPL in particular would be a great investment and the reasoning is not really convincing to me at least at all. Hope despite the somewhat negative framing you can find some value in that.
Look up Brad Finn covered call on YouTube. Good explanation. I had never dealt w options before either but TD account only allows me to sell covered calls or cash secured puts …probably because they are simpler and less risk. You basically are collecting a premium selling the calls against your SHOP shares. If the stock doesn’t hit the strike price you sold the calls for by the exp date then you keep the premium. You can do it weekly ect. If the stock does hit the strike price then you have to sell your shares to the contract holder or you can buy the calls back to get out of it.