Reddit Posts
Economic Events and Notable Earnings for the week starting 01-08
2024 Put Options for Financial Stocks
Earning calls of lots of major financial institutions on Jan 12. JPM, BAC, WFC, HDB, BLK, …
10/12/2023 - Put credit spreads to sell with highest return sorted by %OTM (DTE<21)
Morningstar article: 10 Most Undervalued Wide-Moat Stocks to Buy
JPMorgan Chase Analysis and Financial Statements
Wells Fargo (WFC) to pay $1 billion compensation to shareholders, after concealing compliance issues from investors
Wells Fargo ($WFC) Commits to a $1 Billion Shareholder Payout Amid Previously Undisclosed Compliance Controversies
3 cheap Fintech Stocks to buy before the comeback.
What are the best stocks that have less market cap than the 184B that NVDA jumped in one day?
Wells Fargo (WFC) to pay $1 billion compensation to shareholders, after concealing compliance issues from investors
Wells Fargo $WFC is no longer part of the DTCC. Not even Lehmen was kicked from DTCC before collapse.
Wells Fargo (WFC) to pay $1 billion compensation to shareholders, after concealing compliance issues from investors
Will the Cash App be the savior for Block struggling quarter?
Fintech leader Fiserv ($FISV) surges after earnings as the Federal Reserve enters real-time payments with FedNow.
Q1 Adjusting economic adjustment post COVID
JPMorgan Chase: Become an 'enabler' of banking consolidation
Alright nerds, let’s get back to the objective of this sub. “Short squeeze” not small sneeze 🤧. What causes a squeeze, a high short interest and a lot of buying pressure to cause shorts to cover!
2023-04-17 Wrinkle Brain Plays - In the style of Barney Stinson
Is WFC having problems?? No longer offering HELOC loans.
if you hold RKT, UWMC, LDI or WFC, BAC, JPM… food for thought on mortgage debt-to-income
As Interest Rates Rose, Banks Did a Balance-Sheet Switcheroo (Available For Sale -> Held To Maturity)
I needed some time to process everything and I'm ready. Some banks may shut down and stock market may crash by fall.
First Republic Bank Leads Regional Banks in Pre-Market Plummet - Traders Brace for Volatility Amidst Closures of Other Banks
Wells Fargo & Bank of America Derivatives Activity
Fired tech workers finding jobs in non-tech sectors, by the thousands.
U.S. banks to face harsher adverse scenario in Fed's 2023 stress tests (NYSE:WFC)
2023-01-19 Wrinkle-brain Plays (Mathematically derived options plays)
MSM claims RC has bought into companies with 0 proof. Puts on $BABA, $WFC, $NFLX, $C.
Bank of America, Wells Fargo downgraded by Piper Sandler after Q4 earnings (NYSE:WFC)
Big banks set aside $4 billion for a recession. Investors are more optimistic
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
Jim Cramer expects energy stocks to rally if Republicans have a strong showing in the midterms. Do you agree?
$WFC Wedging nicely with steadily increasing volume
2022-10-18 Better Tasting Crayons (Mathematically derived options plays)
Short $UPST to bankruptcy: me a $300k salary FAANG employee with STEM degree at top 10 school, $100k savings, no debt looking to get $30k loan to trade stocks -- only got approved $22.5k loan at 27.5% APR and $2.5k origination cost -- worst product ever!!! (to compare WFC offered me $30k at 14% APR)
WFC puts loss, should I hold until earnings? expecting bad news
no DD, buy puts on wells Fargo for Friday earnings call
Expected moves this week: Dominos, Wells Fargo, JP Morgan, SPY, QQQ and more
It's Earnings Session! My options plays and why
According to Wells Fargo's (WFC) Michael Schumacher, he would seriously consider a 150 basis point hike, and says “Why not just rip off the Band-Aid. Let’s get there in one day." Do you think the Fed should hike the rate that high?
According to Wells Fargo's (WFC) Michael Schumacher, he would seriously consider a 150 basis point hike, and says “Why not just rip off the Band-Aid. Let’s get there in one day." Do you think the Fed should hike the rate that high?
UPDATE if you care, $683k LOSS PORN if you don’t
Last month buys but why $WFC? Mitch McConnel Trades
🌈🐻 loss porn. Everything went wrong today. First, WFC up 7% with crap earnings. What?! Then obvious BS bullish PPT reversal in the morning. I thought energy would pop cause DXY dropped so heavy (BTU - nope). Then I thought when DXY climbing, energy puts…nope. Then a bunch of FOMO faceplants.
$700 in one hour with $WFC call. Straight to the bank 💰
$700 in less than a hour on $WFC calls. Straight to the bank 💰
WFC misses earning and goes up 6%, can’t really even say I’m disappointed in this loss, just amazed
Unemployment is headed up--and a Recession will be declared by the Fourth Quarter
Question on what is a single stock you think will go up 20% or more by end of year?
Question on what is a single stock you think will go up 20% or more by end of year?
Earnings Weeks Trades: Puts on WFC, FAST, DAL, calls on ANGO
$WFC is down almost 10% since Jimmy said this
Mtnmaiden WFC PUT CHALLENGE LETS GO $12,170
As of 12:30 Eastern Time, bank stocks rose collectively, and JMP, BAC, and C rose more than 7%? why?
Financial advice: short $DHI, and $WFC. [ice cold veins in my heart, even when there's less than 3 seconds left and I'm shooting 3 must-make free throws. Queue Rodman turning his back 🥋
Dividend Lineup: $XOM $528, $INTC $82, $WFC $75, $SBUX $50. Great men of the past have always loved DIVIDENDS. “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” ~JD. Rockefeller~ 1839 - 1937. Are you receiving any dividend next month?
Mentions
Here's 3 that I see as worthwhile, long term plays AND they have options which qualifies for inclusion in this forum; GORY = Gold Royalty, UROY = Uranium Royalty, GEVO = Oil I have 2 others for N. America, but not USA. no options, buy stock only. Anyone willing to diversify and buy foreign through regulated foreign brokers where you get the exchange price and not a GS / WFC inflated price, let me know. I have 2 that pay dividends, and a few that are pure growth at this time. FULL DISCLOSURE: I have options or shares in everyone. They are long term holds for me.
Pic of it happened on SPY as well but this was a few weeks ago. Also happened on a some other bank stocks previously. JPM, MS, USB, and WFC have all had these weird trades showing on the tape during off trading hours. https://preview.redd.it/4ccpalgixyjg1.jpeg?width=1290&format=pjpg&auto=webp&s=4fdf2b884e66741e7575cee0b950e6db6752cd0a
USO $70.00 2026-03-20 WFC $80.00 2026-03-20 IBIT $35.00 2026-02-27 EWZ $35.00 2026-03-20 NFLX $68.00 2026-03-20 BAC $48.00 2026-03-20 F $13.00 2026-03-20 ZBH $90.00 2026-03-20 PYPL $35.00 2026-03-20 C $97.50 2026-03-20 IBIT $36.50 2026-02-20 BAC $47.00 2026-03-20 IBIT $34.00 2026-02-27 IBIT $36.00 2026-02-20 XLE $50.50 2026-03-20 Not saying i would take any of these, but this was semi conservative
Turned out to be a bad day to buy WFC
R.I.P banks BAC -2.43% JPM -0.85% WFC -3.78% MS -3.28% C -2.31%
Banks what are you doing? BAC -1.86% JPM -0.27% WFC -3.18% MS -2.81% C -2.21%
21 - MOASS - Diamond Hands 25 - Buy the dip 26 - Short the peak - Smooth Diamond Brains I have shorts on PLTR, TSLA, META, MGM and WFC. But I bow to you King. My shorts are only 10% of my portfolio.
Or a lot of private equity stocks like APO, KKR, etc. Or Investment banking stocks like GS, MS, etc. Or just boring bank stocks like JPM,, WFC. While Mag 7 and tech has been hyped up, a lot of financial stocks have done really well since Covid and outperformed most tech names except NVDA.
BAC, JPM, WFC enter the chat. [https://www.pinatafarm.com/p/356ec6fa-4b7c-43cb-82a2-871d57cc4a93](https://www.pinatafarm.com/p/356ec6fa-4b7c-43cb-82a2-871d57cc4a93)
WMT was last summer and it was literally picking Walmart and getting lucky 🤣. WFC was this week which I bought with BAC, all the bank stocks went down after something about credit cards idek, I thought it was an overreaction and I was right. Both were luck, but Walmart was dumb luck, I genuinely had no reason to take that trade
Bro JPM puts seem like the move. Also WFC puts cuz I hate them lol
Those who played JPM earnings yesterday, are we playing any more bank earnings today? BAC? WFC?
Definitely. Banks that issue credit cards (C, JPM, WFC, etc.) are. Plus, they have been on a tear heading into earnings so some are probably locking in profits.
we are at a breaking point. In 09 when the dow was at 7400 I took all my money and bought BAC @ 2.65. My rational, if BAC fails no one can save them, they are too big, and if they fall then WFC and the rest of the Bigs fall. if any of the Big Banks fell, it was over and money is worthless anyway. Debt is beyond recovery, the dollar is failing, pretty much every stock is beyond over priced.
WFC is your drunk aunt at the holidays compared to other banks. Incompetent, annoying and needs to shut up but nowhere near "least ethical".
AIPO - I like the AI infrastructure story, this is a way to play that theme. I have total faith in Greg Abel, long Berkshire. Financials - C and WFC are my banks and AXP is the best run. I think energy is cheap, likely can't stay cheap forever.
WFC. I don't ever see anyone talking about it and even at $95 it's still a deal to me. They got to ~$80 even with the 2T asset cap and now they're free to expand.
Wells Fargo $WFC. 80% gain since 2023…
Don’t chase hot. Chase consistent. “Past performance isn’t indicative of future results” except it mostly is. KO, CAT, AAPL, AMZN, WMT, WFC. Don’t over complicate it. Research companies that you already know about with products you already buy. Look for companies with consistent returns, decent cash flow, and consistent or increasing dividends.
I am 68 years old and started investing when I was 40. I was hit hard during the internet bubble in 2000, losing approximately $100,000. That experience taught me an important lesson and motivated me to educate myself about investing. So far, I am doing well. My stock holdings do not include real estate or money held in the bank. I have invested in stable companies such as BAC, WFC, DIS, GOOG, COST, AAPL, AMZN, and others. In 2021, I began reading about artificial intelligence, and in 2022 I started investing in PLTR, NVDA, AMD, and the “Magnificent Seven.” I believe AI will be a major driver of growth by 2026 and will eventually take on certain ETFs as well. As always, luck plays a role, so I am bullish.
$WFC with the recent asset cap removal. 10 years of growth coming out of a firehoses
Nothing. I have learned all the wrong lessons. I'm a long term value investor BUT I actively seek out drama, because that drives prices well into my "zone of safety". 2025 - UNH and KVUE. (Donald) 2024 - UBER (robots) 2023 - RTX and WFC.(Bank panic, turbine failures) 2022 - GE (Split) and BASFY (Ukraine) 2021 - LMT (Funding cuts) 2020 - HAL, NCLH, BRK (March madness) I have no crystal balls but when people start screaming is when I get most interested. Catching the bottom is hard but I don't really need to to make money. I just need to correctly assess whether this is a short term solvable problem or a long term unsolvable problem.
something to think about over the weekend... why AXP, BAC, WFC, XLF and more financials make all time highs today?
I was gonna say, because I noticed others like BAC and WFC didn't drop. Good buy opportunity for some calls maybe.
BAC -0.9 GS +0.8 BLK +0.7 WFC -1.19 C -1.1 JPM -4 MS +1.4 Nice cliff bro.
$WFC with the asset cap removal. 5 bagger.
WFC long dated puts till it hits 0
If the market is open that day. Then you need to ACH transfer it over to your bank. Certain brokers and banks will expedite those but plan for 5 business days for the transfer to fully process unless those are in place. I have been operating like this for years now because my bank (WFC) won't pay spit in interest. My money stays where it can make money until I need it.
>Right, but Berkshire's best deals aren't available on the open market. >When everyone 's hair was on fire in 2008, Warren was making deals with GE and Goldman to "help them out" by buying perpetual preferred shares with a 10% coupon along with warrants to buy common stock at fire sale prices that extended out for years. Very true. I also feel many of Berkshire's best deals were done during the GFC with special in person deals like the ones they got with Goldman Sachs or GE. Some of their China investments were either unavailable or difficult for US investors to mirror. For those cases I don't follow because I can't. It's important to not 1:1 mirror things but to know yourself and the one you're copying/inversing. I bought DAL at the lows after Buffett sold his shares. I suspect DAL or the US government might have wanted BRK to foot some investment prior to getting bailouts or handouts. Or maybe BRK themselves feared for that and dump it first because they didn't like airlines anyways due to them being very cyclically sensitive, needing bailouts every downturn, and better being trading vehicles. I had no issues for a shorter term trade 1-5 or 5-10 years rather than "forever", no one will ask me to foot over money first for bailouts, and I don't mind trading nor volatility. I bought BAC after Buffett bought his shares on the open market for a higher price. BRK did a swap into BAC after dumping WFC. A good move IMO since WFC sullied it's name with the fake/fraud accounts. I also didn't like WFC so I didn't buy Buffett's sell. I personally use BAC but never bought into it but Buffett's buy gave me added confidence to go into it quickly because I assumed BRK had done the homework. So I aimed to buy at or under their $24-25 purchase price. >When you buy Berkshire, you're buying a tiny seat at the table for the kind of deals only they can pull off. That's not something I'll try to dispute. I think it's a sound belief. I just choose not to myself.
You can decide if it's highly regard or exceptionally brilliant yourself. But my reason for buying DAL during the pandemic lows: 1. Buffett/BRK already did the vetting and homework on DAL prior to the pandemic collapse. 2. DAL was the best of the airlines and least likely to be bankrupted. If other died or got consolidated then DAL will get their share or take them over. 3. Most of the companies and airlines were asking for bailouts and based on the GFC most of the biggest ones got bailouts. I had no reason to believe otherwise. 4. This leaves WHY Buffett/BRK sold. They sold WFC and moved to BAC because of the WFC scandal probably made them lose trust in WFC. But why did they also sell DAL? I assumed probably 3 main reasons: Reason A being that airlines aren't great long term investments but more like trading vehicles which BRK might not want in their portfolio. Reason B being that the airlines have proven to dump and be very high VOL every time there is a recession which doesn't play well to BRK's portfolio building style. Reason C being that either the government, DAL, or both expected BRK to hand out cash in a double down either as a precursor to getting PPP/EIDL/bailouts or as a requirement for it. Or BRK feared that might be coming so they dumped out. 5. I wondered if it was right FOR ME to buy DAL at that time since I'm young, could hold for a long time, have a higher risk tolerance, don't mind selling out, and won't be asked to fork over a few hundred million before Pelosi & Trump give DAL a big bag of money. Answer was **YES** so I bailed out Buffett's DAL stocks from his paper hands. TL;DR ["Oh no airplanes house is empty but maybe soon airplanes house will be full"](https://www.youtube.com/watch?v=SYc6QmaGnYc)
I use TD, idk what WFC is
Was actually just looking at WFC. Leaps and shares.
I think that’s already a WFC thing
I bought WFC puts yesterday and am very happy. Hoping other “banks” slide too
Eyeing NVO calls (After ER), WFC puts, and LRCX puts
Waiting to see if WFC starts to breakdown sometime later this week. Also waiting for NVO earnings. Might go long after ER
Financials have been sluggish recently overall. WFC has been great tho after its ER. Might be a solid short entry next week. Especially since iv had come down
My buddy just told me his dad got laid off by WFC who’s doing mass layoffs and JPMC dropped his major projects. Banks making big cuts under the radar and in silence right now. Load up puts
I bought a 19, and 15 and rode it down, had no confidence when it was mid singles even though I understand the stock and company are really solid, my fault. Could have made so much more but at least I didn't paperhands it. Hopefully not another strong earnings followed by dump! would love to see some actual conviction and life in this stock. They need like a hostile takeover bid from one of the geriatric big boys, WFC or CITI or BAC
Bro WFC is the epitome of dog shit. Take your money and run
$WFC with the recent asset cap removal
Me thinks back to the WFC worker who spent a few days ded in the cubicle...
>Taking loans and trading equity isn't revenue. Didn't say it was revenue. But you can use it (in place of revenue/profit) to pay for business expenses which is what many companies do. I mean this is business/finance 101. Do you know there are many pre-IPO and public companies that don't have any profit or even revenue? How do they get by? Well they raise capital. Do you know well established public companies raise money all the time selling corporate bonds? Now it's all "differerent/special" case so you can try and support some AI bubble argument? I got notification from Fidelity new corporate bonds are available to purchase from C/WFC/GS/JPM - so it must be a banking bubble brewing?
WFC puts here is something I’d really consider after the ER IV dump. Problem is I don’t trust this market enough to have a sustained sell off.
Under rated and not talked about play of the week is either WFC calls all the way up to $88 and WMT $105-$110 calls. WFC calls are 10x across the board and WMT $110 calls are 15x at the moment.
Been calls all week on WFC, WMT, BAC, AMD and GOOG but I think I want to buy puts now. Problem is SPY IV is fucking 34% right now
Not sure if anyone noticed but WFC earnings play is unusual in that if you bought yesterday or waited until low of today the price would have been damn near the same. Now it's up across the board but I'm not sure I've ever seen it that close.
Sold my WFC calls too early
Financial earnings tomorrow JPM GS BLK C WFC … Calls anyone?
Here’s my logic, bank stocks are going to all come in and say the money is magic and stocks aren’t real. Then JPM, GS, and WFC are all going to say we are trying to bail out America because it’s too big to Fail.., which will spook investors and then they will say. The tariffs are working, but we are getting ass fucked by China still so we need to invest in America we are crumbling. This will then send the rocket into the ocean exploding, creating a tidal wave of massive regarded proportions. This will scare investors and make then run to their bunkers selling everything. Trump will tweet on social truth that he is a major proponent of his tariffs and loves to hit things with things stick, so investors will rally behind this from their bunkers, selling everything because they know it means another 100% tariffs on China is coming and he’s about to give them Taiwan as a peace offering so we can get his Nobel peace prize.
If bubble pops, nothing is safe. Look at dot com bubble, WFC. Deepseek and April dip is nothing.
🍆🍆 *Wells Fargo, $WFC, has raised the 2025 US GDP growth forecast to 2% from 1.3%*
A Quick Look and WFC looks fairly valued to me, but I see your point about NECB. I notice revenues and earnings were flat for 2024. What happened? And is that what’s pushing their price down? Did they get into some crappy loans? 90-day non-performing increasing? REO increasing? High-risk portfolio? I think this weekend I’ll dig into their 10K and find out.
Wow okay lots to address here. Yes I do believe humans emitting co2 is causing global warming and that’s going to cause a lot of problems. Yes “they” are lying to us, but that’s because they’re afraid of losing their control. [Fossil fuel companies fund misinformation.](https://youtu.be/jkhGJUTW3ag) There is no combination of green industries that can or ever have spent what the fossil fuel industry pays every year. Follow the money I don’t think the rich get a jet or a beach house because they secretly know something scientists don’t. They likely just wanted a jet and are rich. If there was starvation in the world, do you think world leaders and the rich would donate their all their money to feed the hungry? Listen to actual scientists instead. Rare earth metals aren’t very rare and [aren’t used much in renewables](https://www.evwind.es/2017/05/31/rare-earths-and-wind-turbines-a-problem-that-doesnt-exist/60018) anyway Excess power from renewables can be stored via hydro. This creates backup for when solar and wind are down. It is already conceivable to reach [near 100% renewable energy](https://www.worldfuturecouncil.org/wp-content/uploads/2016/01/WFC_2014_Policy_Handbook_How_to_achieve_100_Renewable_Energy.pdf). Urban heat islands have a very small overall effect. Scientists have been very careful to ensure that UHI is not influencing the temperature trends. To address this concern, they have compared the data from remote stations or satellites (from space 🛰️) to more urban sites. https://skepticalscience.com/urban-heat-island-effect.htm Climate Change and Global Warming are both valid scientific terms. Climate change better represents the situation. Scientists don’t want less informed people getting confused when cold events happen. [Accelerated warming of the Arctic disturbs the circular pattern of winds known as the polar vortex.](https://www.science.org/doi/10.1126/science.abi9167) Climate change is likely to disrupt the normal rhythm of seasons, like delay winter or spring, and yes cause more extreme weather events. That’s what happens when you put more energy into a system And heat maps are usually just relative bud. There’s no established color per temp, you can find examples of the opposite. This is the bs that climate deniers use to convince gullible people https://youtu.be/-5Ml1fPOgs8 I genuinely think if you took the time to research what the actual says about each one of your concerns separately, you would understand none of them hold to scrutiny. The fossil fuel industry knows this and that is their plan. Overwhelming you with little mistruths that no one would try looking through each one. Out of all my links, I think this one would be the most valuable to you https://youtu.be/jkhGJUTW3ag
WFC is doing 40b this year. The stock isn't undervalued. There are plenty of others but this one I happen to hold.
Hmmm Senator who bought Luminar Technologies $LAZR # Senator's Recent Trading Activity - Mitch Mcconnell, Jr Over the previous three years, A. Mitchell Mcconnell, Jr. conducted 15 trades, totaling more than $78 thousand. The largest of these were in Luminar Technologies and Kroger stock. Some of the most notable transactions the Sen. has executed recently include: * **Luminar Technologies (NASDAQ:**[**LAZR**](https://www.benzinga.com/stock/LAZR#NASDAQ)**):** $15,001 - $50,000 Purchase * **Wells Fargo (NYSE:**[**WFC**](https://www.benzinga.com/stock/WFC#NYSE)**):** $1,001 - $15,000 Purchase Here's a summary of A. Mitchell Mcconnell, Jr.'s most recent trades: || || ||**Company**||**Ticker**||**Stock Type**||**Amount**||**Transaction Type**||**Transaction Date**|| ||Wells Fargo||WFC||STOCK||$1,001 - $15,000||P||2025-09-01|| ||Luminar Technologies||LAZR||STOCK||$15,001 - $50,000||S (Partial)||2025-06-26|| Want to keep up with A. Mitchell Mcconnell, Jr. and other congressional members' stock activities? Check out our [**government trades tool**](https://www.benzinga.com/gov-trades/members/a.-mitchell-mcconnell,-jr.) for real-time updates!
Wells Fargo said TSLA $120 target, TSLA should just borrow from WFC til WFC bankrupts!!!!
-911 fewer jobs created, even if they weren't destroyed, still suggests the economy isn't as robust as everyone seems to think. WFC said balances were lower than *pre-pandemic*, not covid. Smal but important distinction. I'm well aware that banks tend to front-run their statements, and I often trade against them when they say to be bullish something or bearish something else. > No it isn't. You are misinterpreting the data. Last month we had a massive 0.7% MoM print. When combining both July and August it implies an annualized producer inflation rate of 7.4%. Okay, conceded. > Do you have evidence corporations are inflating their numbers on a wide scale? Actual cash flows are increasing. Moreover the incomes I stated are individual incomes, not corporate. I don't have the evidence on hand but if you really want I can go try to dig it back up. NVDA is doing funny stuff with their books reports, iirc it's something like double-charging their expenditures to make their AI spend look even more exciting than it really is. TSLA is completely fraudulent. And literally just now overnight ORCL claimed [they would double their sales revenue annually for the next several years.](https://cdn.geekwire.com/wp-content/uploads/2017/05/800px-Itanium_Sales_Forecasts_edit-630x428.png) I don't think companies like WMT or TGT are inflating their numbers but they've been saying for awhile now that there's only so much they can do to soak the impact of tariffs. They're also a much smaller portion of the market compared to the wildly inflated bubble companies like mentioned in the previous paragraph. What possibly justifies the insane run STX is on? ANF looked similarly invincible in Summer 2024 before an over 50% correction.
Release from conservatorship and uplisting to public exchange (NYSE). Trump summoned BAC, JPM, C, WFC and GS CEOs in August to the White House to hear their plans to underwrite an IPO for Fannie and Freddie. Scott Bessent has said the IPO will likely be worth north of $500 billion, reflecting a significant premium from current prices.
Well, just for one data point, if you'd done this 10 years ago it would have worked. Half the companies stayed in the top 8 and outperformed the market. The S&P 500 is exactly in the middle - 230% increase since September 2015. On the average you would have beaten this. XOM (Exxon) up 52% WFC (Wells Fargo) up 54% JNJ (Johnson & Johnson) up 92% GE (GE) up 126% GOOG (Google) up 662% AAPL (Apple) up 764% AMZN (Amazon) up 795% MSFT (Microsoft) up 1062%
I’m with the other guy sorta, it isn’t risk free but it really isn’t *that* outlandish to beat the market over time. There are some pretty obvious loser companies and weeding just some of those out will put you ahead. For example a quick glance at top 100 by weight (of spy), some companies I wouldn’t touch for long term outperformance: T-Mobile- ranked 29, no revenue growth over 3 years (actual decent margin expansion tbf), low dividend compared to peers, more expensive compared to peers, and a telephone company which just are kinda lame nowadays UNH - ranked 30, may be closer to a value now but historically expensive and shitty company. Highly hated by their customers. Lots of societal pressure against health insurance and their increasing rates, potential legislative issues, rising competition with a shift away from shitty insurance. I think it may be decent over 5 years, but I’d never buy it and for 10+ years I’m not sure I see a future where they can continue raising rates the way they have the last decade. WFC - ranked 33, but has long history of fraud, high debt, no growth over 5 years, expensive compared to peers, lower quality compared to peers, lower dividend compared to peers. I’d never buy this over other banks. T and VZ - 45 and 52, kinda similar to TMUS but cheaper and higher divs. They’ve been struggling and I don’t see their future getting much better. BA - 58, government won’t let the fail but doesn’t mean they’ll be a good investment. Like WFC they have a long history of poor management, quality issues, and financial stress. People may chase falling knives but why would anyone buy this company? Intel - 100, need I say more here? So there we have 7/100 companies that are dogshit, could also argue mag7 is very expensive and overweighted (like 30% of the etf). So could make your own mini etf excluding these crap companies and properly weight the mag7 likely causing you to outperform. Ofc it’s riskier, takes a bit more effort and you can’t just set and forget, ETFs change their holdings and sometimes you should too. I would advise anyone buying individual stocks to track your performance tho and make sure your risk adjusted returns are worth it, maybe check in every 5-10 years. Most people can’t beat the market, they’re too emotional or gamble, and should just buy ETFs. But the benefit of beating by just 1-2% over a lifetime is HUGE for those who can. For reference I just checked my returns for the last 5 years. I had a beta of 1.64, portfolio *risk adjusted* alpha of 151.82% with a sharpe ratio of 1.476. I don’t expect to maintain this rate of returns for my lifetime, but even half of my cagr for the next decade or two and I’ll be doing alright.
I'm a really big fan of Charlie Munger, who was very high conviction and shared this view on diversification. His entire personal portfolio consisted of 2 stocks... WFC and COST. His influence at Berkshire is apparent, especially when you consider that they allowed AAPL to become a 50% position. When Warren decided to sell like 5% of it, Charlie told him it was a mistake. Once Charlie died, they cut the position substantially... like down to 20-25% Some of my favorite quotes of his are... *"The wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time, they don't. It's just that simple."* *"If you can't stomach 50% declines in your investment, you will get the mediocre returns you deserve"* And then Warren had this quote, definitely showing Charlie's influence... *"Diversification may preserve wealth, but concentration builds wealth."* All that said, this philosophy is definitely not for most people... and I certainly wouldn't recommend it to everyone, who mostly want to just want to set it and forget it. For them, index funds are the way to go.
If you’re lost. Check WFC (Wells Fargo)
they save you and then they haunt you... $UPST - save $WFC - haunt
I have PG. My top three are XOM, WFC, T, which pay me USD 17,945 dividend income this year and growing while I sleep. It helps amidst noises.
$WFC - asset cap was just lifted and it’s now a growth stock
I am mainly into dividend growth businesses in various sectors. Some of them that I hold are XOM, WFC, O, T, MMM, … all 11 positions give me USD 39,000 passive income this year while I sleep. My total invested amount is USD 650k, which includes USD 195.5 k dividend received in total since end 2015 (this is after 30% withholding tax as I am not US citizen) that I reinvested in. Original invested amount of USD 650k has grown to USD 1.4 million.
WFC is the dirtiest bank, they need to go bankrupt this weekend
Which banks are you talking about? XLF is near it's all time high. SOFI, WFC, JPM have all done great this year
WHY THE FICK IS WFC THE ONLY RED BANK?! It’s the only one I have any calls left on
I feel that with WFC. Banks are having Day. Wells Fargo? Nah fuck your bruh
Should I buy calls on TSMC and buy puts on UAL? WFC best and still crashed - mad annoying
Yup I even commented on OPs post from yesterday when He/she was asking about WFC and earnings. I never gamble on earnings, but this honestly wasn’t a bad trade idea. They had really good momentum in their CIB based on the deals they were doing, and coupled with the buybacks and removal of deposit caps from the WFC fake account saga last week, it seemed quite bullish. The guidance really screwed them and the trade, as well as the NII miss, I guess. Honestly though, all financials are down though so if I was OP, I wouldn’t feel too bad (though I think he put his full portfolio into this trade).
CALLS on WFC, easy money
To be fair to OP, risk management wouldn’t have done much for this trade. It dropped before market open due to earnings release. Reddit wasn’t (likely) apart of this trade because everyone was focused on JP Morgan. WFC is a very solid large bank, and announced a 40B buyback program which is very bullish. It beat earnings by a clear margin. Missed on one aspect of earnings (NII), and caused a sell the news drop. This was a gamble, but a “smart” gamble. Just didn’t go his way this time.
Sorry about the loss. I also thought WFC calls would hit. Hopefully over the next few weeks you’re able to average down and recover some, if not all, of the loss.
Dana M is engaged and she cheats on her husband with dudes she meets at bars and networking events She fucked around with JPM BAC WFC MS UBS GS dudes
why is WFC down even though it had beaten expectations?
$BLK Q2 '25 Earnings -Adj EPS $12.05, est. $10.87 -Rev. $5.42b, est. $5.45b $JPM Q2 '25 Earnings - EPS $5.24 vs Est. $4.47 - Adj Rev. $45.68B vs Est. $44.05B $WFC Q2 '25 Earnings - EPS $1.60 vs Est $1.41 - Rev. $20.82B, est. $20.75B
Watching tweedle dee(C) and tweedle dum(WFC) report tomorrow. Hope they continue to run.
Alright, I've accepted today's just boring as fuck. What's the bank play for earnings on open, WFC, JPM or STT?
Same up about 30% on C and WFC, JPMG is about break even and UAL down about 20. Going to hold until after earning I think tmr and see from there
I’ve scaled back most of these to more reasonable prices and/or pushed back the expiries: * JPM $310 Calls (expiring July 25th) * WFC $87.5 Calls (expiring July 18th) * WFC $92 Calls (expiring July 25th) * C $90 Calls (expiring July 18th) * C $94 Calls (expiring July 25th) * UAL $83 Puts (expiring July 18th)
Not options, but I bought ANGO, C, WFC, BK, BLK last week. Cross fingers for some very good quarter results!!!
My trades for this week (all expiring July 18th): * JPM $310 Calls (biggest position) * WFC $90 Calls * C $94 Calls * UAL $80 Puts (smallest position) I plan to buy at the open.
I suspect JPM, C, BLK, WFC, BK will be green because of ER before market open Tuesday!
Calls on: TSM, NFLX, ASML, JPM, and WFC. Puts on: UAL.
Bilt, WFC's loss-leader, now worth $10.8B apparently.
I like SoFi long-term, but don’t try to time the market if you need the money sooner. It could go to $25-$30 or back to $15 over the next year. Yes it could go higher obviously, I’m being conservative. If you want a more probable increase in a banking stock do some diligence on WFC. I think this one will rise, but it won’t double in months. Remember, this is investing, not gambling. Big easy hits are rare. When you swing for the fences chances are you’ll strikeout more than you hit home runs. If you really need the best-egg you’re saving then honestly put it in a HYSA for a few months. Lock it in right now, rates will absolutely go down at some time this year. It’s a boring approach with little upside…but 100% security on money you will need.
I’ve said this before, but over the longer term I equate UNH to what WFC went through. Longstanding large company with a legacy (not all good) but simply too big to fail. UNH will rise again, just as WFC did. Doesn’t mean you have to like the company or how they make their money. But from an investment perspective it will be fine. Patience will be the biggest challenge.
What have you seen? I know for WFC, lifting the asset cap should be huge for them.
Did you guys buy Financial’s? MS WFC STT BK. It’s free money through end of year
Good luck! Banks seem like an interesting set up right now, but what drew you to WFC?