Dividend Growth Forum

(03-30-2021, 08:35 AM)stockguru Wrote: [ -> ]Bought ARKX right out of the gate lol

Cuz why not?    I am going to buy some today as well.  It doesn't really hold many "space" stocks, but it's early.  They will probably launch some SPACS soon for Kathie to buy and hype.

Heck, why not. ARKX.

Guess I will join the club in ARKX as well. Mine as well get info the ground floor levels lol

Also added some more AVGO and CP

I sold some FIVE that I use for the proceeds

Added to NEE.

What netflix and usd doing in arkx?

(03-30-2021, 09:43 AM)divmenow Wrote: [ -> ]Guess I will join the club in ARKX as well. Mine as well get info the ground floor levels lol

Also added some more AVGO and CP

I sold some FIVE that I use for the proceeds

There may be three floors underground short-term but who knows lol.  For the immediate future I have a feeling this is going to migrate towards owning a substantial position in defense stocks LMT-BA etc.  That's probably smart.  I did a little digging and mostly it's a stretch to consider a lot of the initial ARKX holdings as space stocks.  When the high multiple stocks find a bottom this fund will probably evolve quickly into Momo that has a chance to fly in the nearterm.  That's not a bash, just the reality.  She knows how Momo works and spends a lot of her time feeding the narrative.  Just thinking out loud.

(03-30-2021, 10:08 AM)fenders53 Wrote: [ -> ]

(03-30-2021, 09:43 AM)divmenow Wrote: [ -> ]Guess I will join the club in ARKX as well. Mine as well get info the ground floor levels lol

Also added some more AVGO and CP

I sold some FIVE that I use for the proceeds

There may be three floors underground short-term but who knows lol.  For the immediate future I have a feeling this is going to migrate towards owning a substantial position in defense stocks LMT-BA etc.  That's probably smart.  I did a little digging and mostly it's a stretch to consider a lot of the initial ARKX holdings as space stocks.  When the high multiple stocks find a bottom this fund will probably evolve quickly into Momo that has a chance to fly in the nearterm.  That's not a bash, just the reality.  She knows how Momo works and spends a lot of her time feeding the narrative.  Just thinking out loud.

Whenever SpaceX IPOs, the fund will be mostly that. Just a few years ago, ESA's Ariane 5 dominated the launch business. They decided to be lazy and develop their next gen Ariane 6 without making it reusable. It is already obsolete because of what SpaceX has managed to engineer with Falcon 9 and Heavy. 

With the exception of government contracts awarded to key players (like BA) to keep them in the launch business, the entire world's rocket fleet is now obsolete thanks to SpaceX, and every competitor (who spent most of the past three decades doing little to innovate and collecting sweet, stable government money) now finds themselves at least a decade behind the curve. 

Reusability has become a horse/buggy vs. automobile issue, and SpaceX is Ford in the roaring 20s.

(03-30-2021, 09:59 AM)vbin Wrote: [ -> ]What netflix and usd doing in arkx?

Netflix is planning some space movies soon.  Stop whizzing in the lemonade.  

I just bought some of your PLTR Kool-Aid.  We'll sorta, I actually sold a call at strike 20 expires in a few weeks.  I won't be amazed if PLTR visits the high teens so treading lightly for now.  The chart is complete trash.  I'll get in deeper when it finds something vaguely resembling a bottom.

10YR T yield is running again. It's going to cause trouble again some week soon. I am shocked my UTEs aren't pulling back harder.

Sold a MRK put. Looking at WTRG, looks interesting to enter at current levels.

(03-30-2021, 10:45 AM)vbin Wrote: [ -> ]Sold a MRK put. Looking at WTRG, looks interesting to enter at current levels.

I've grown inpatient with my MRK long position but your move is very solid IMO.  All UTEs are overvalued given most likely interest rate future but I am all in.

The Wiki linked below provides a pretty good overview of just how dominant SpaceX has become in the launch market:

https://en.wikipedia.org/wiki/Space_laun...ompetition

Falcon 9 is currently 37% cheaper than its closest competitor on a payload cost per kg basis. Falcon heavy is 68% cheaper. That's technology SpaceX has already deployed successfully. If they get the kinks worked out on Starship, 99% cheaper.

In 2020, by total number of launches, SpaceX had 43% of the global launch market (this includes state-funded competition in Russia and China, which don't open their markets to launch competition). 48% of the global launch market if weighted by payload mass to orbit. Those numbers will only continue to increase in SpaceX's favor. No one can touch them on cost to orbit, and no one has anything remotely close to competing with them in the near-term (3-5 years). China will probably be their primary competitor, as they have the best chance of stealing IP and using state resources to get something built that can be competitive.

(03-30-2021, 09:59 AM)vbin Wrote: [ -> ]What netflix and usd doing in arkx?

NFLX is innovative so hence it's In the fund lol 

The fund doesn't own NOC, GD, HII yet either. But over time it will.

The fund also owns AMZN, TSM, BABA, DE and NVDA as well 

I like the funds 30 holdings.