What are your winners & losers today?

[ken-do-nim]

Very flat day for the portfolio, which is fine given Friday's big rise.

My Dividend Capture strategy is a disaster already, as LYB really fell since I bought it a couple days ago. Live and learn lol.

[fenders53]

That strategy is very hit or miss. I do like to add a handful of shares right before a Div drops if I am building a position anyway. We all like instant gratification.

Flat port day here too but a few of my industrials cut hit. I'd like to add on a dip but the market rarely gives a 48HR direction.

I intended to add or start some gambling stock positions like DKNG and PENN but they shot up at the open. Market still wants to gamble on the right stocks so I am going to have to make little moves every chance I get. Stocks I wish to hold for a few years anyway.

[divmenow]

WEN is now a meme stock Who would have thought lol. Up $4 PFE-market ?

[fenders53]

(06-08-2021, 06:53 AM)divmenow Wrote: WEN is now a meme stock  Who would have thought lol. Up $4 PFE-market ?

See now that makes a little more sense to me if they insist on doing it.  WEN has some debt but they are solvent.  They don't have to issue 100 million shares to avoid BK.  When it crashes some month you don't have to worry about it going to two bucks.  They can shout it's worth $60 and it won't sound so crazy.  Wish I owned some WEN but I don't right now.

[crimsonghost747]

I think CELH would have been my top pick for this thread for the past week.
I don't know what is up, but it's making huge moves on a daily basis. It's a volatile stock but this is getting a bit crazy even for a volatile stock. The direction is a coin flip, but it's rarely a less than 5% more per day.

[ken-do-nim]

Wow yeah that looks like a fun one.

[fenders53]

Stellar day for GNRC up over 20pts. on an upgrade. I got lucky on some options but unfortunately I don't own enough long shares. It's going to be a good one but I'll need a dip to buy more. My small cap ETF had a decent day. Some of this meme stuff is helping it.

Everything I own healthcare related got hit today except WELL. Fairly flat day for the port.

[ken-do-nim]

Flat day for me too. RETL was the bright spot. I just have so much money in chip stocks that if they are down, it's hard for the rest of my port to counter that.

TSM just can't seem to gain traction; I would have thought with the chip shortage it would have run up huge by now. Of my March purchases that I have held onto, only 3 are less than 1 percent gainers:

ORC, which is actually -2.78% but has the 14% dividend to make up for it
HPQ, which had a huge drop a few weeks back and with a dollar cost average at the low is now up 0.68%
TSM, up 0.82%

WEC has been dropping too; at one point it was a 10%er but now is up just 2.64%.

None of those I have any plans to get rid of though. One that is underperforming VOO that I will probably wait the year to get long term cap gains on and then sell is ACN. As a consulting firm, it doesn't really give me any particular sector coverage, so if it can't beat the S&P 500 index in growth or dividend, then I will move on. But I'll make the final determination next March.

[fenders53]

(06-08-2021, 04:06 PM)ken-do-nim Wrote: Flat day for me too.  RETL was the bright spot.  I just have so much money in chip stocks that if they are down, it's hard for the rest of my port to counter that.

TSM just can't seem to gain traction; I would have thought with the chip shortage it would have run up huge by now.  Of my March purchases that I have held onto, only 3 are less than 1 percent gainers:

ORC, which is actually -2.78% but has the 14% dividend to make up for it
HPQ, which had a huge drop a few weeks back and with a dollar cost average at the low is now up 0.68%
TSM, up 0.82%

WEC has been dropping too; at one point it was a 10%er but now is up just 2.64%.

None of those I have any plans to get rid of though.  One that is underperforming VOO that I will probably wait the year to get long term cap gains on and then sell is ACN.  As a consulting firm, it doesn't really give me any particular sector coverage, so if it can't beat the S&P 500 index in growth or dividend, then I will move on.  But I'll make the final determination next March.

I try to research the chips but it's somewhat outside my wheelhouse.  You probably know this but the shortage is due to a shortage of raw materials and foundry capacity.  It's not like my window manufacturers at work waiting an extra 60 days for China to send over some metal retaining clips.  TSM and INTC among others are expanding capacity.  It's my understanding it takes over a year to set up a new foundry.  This is highly precision manufacturing as high end chip wafers are almost microscopic thin now.  TSM simply can't produce enough to take full advantage of the shortage.  You're a techie, ask around and find a better explanation.  

They will raise prices now and sell all they can make.  The market will see the light at the end of the tunnel and short of a recession I think we will be rewarded.  I'd rather own three times as much SOX as SOXL though.  The option churn chews away at SOXL while we wait.  I will add chips but it will be gradual as I have a fairly decent exposure.  If they run by winter great.  If not I'll add a little more.

Hold on to your WEC.  If it dips much more I will add but it isn't cheap enough for a big reward.  There is nothing wrong with WEC business performance.  Nothing at all.  You just hold a few good UTEs for years.  That has never not worked in my lifetime.

[ken-do-nim]

> You're a techie, ask around and find a better explanation.

Apparently they haven't raised prices despite the increased demand appears to be one of them.

> I'd rather own three times as much SOX as SOXL though.

Interesting. SOXX up 14.51% so far this year, SOXL up 25.04% this year. I'll watch and see if that gap narrows.

> Hold on to your WEC.

Absolutely. The only UTE I dropped was NEE, and I can see it's still going down. You were very prophetic on that one.

Of all the equities I bought in March but dropped by April when I trimmed, I think selling ISRG was the biggest mistake.

[fenders53]

(06-08-2021, 07:26 PM)ken-do-nim Wrote: > You're a techie, ask around and find a better explanation.  

Apparently they haven't raised prices despite the increased demand appears to be one of them.

> I'd rather own three times as much SOX as SOXL though.

Interesting.  SOXX up 14.51% so far this year, SOXL up 25.04% this year.  I'll watch and see if that gap narrows.  

> Hold on to your WEC.

Absolutely.  The only UTE I dropped was NEE, and I can see it's still going down.  You were very prophetic on that one.

Of all the equities I bought in March but dropped by April when I trimmed, I think selling ISRG was the biggest mistake.

SOXX should only be up 8 1/2% if SOXL were giving 3X returns.  As you're well aware option fees take a monthly bite when it churns.  Unfortunately SOXL probably enjoys the full down 3X+ when things go real bad.  (which I don't expect to happen soon). 

NEE is a good UTE and I own plenty only because it is popular, but I trimmed on the big run off the low.  Smaller UTEs with a similar business plan will likely outperform their business results the next few years and it will be noticed eventually.  NEE is like TSLA or a FANG stock.  It's the star of the sector and it will move with the group when QQQ runs whether it deserves to or not (for now).  It has traded with the tech stocks for years now.  I'll keep watching UTE conference calls.  It's not hard to see who is currently executing.

[ken-do-nim]

I will probably return NEE to the fold next year, along with others that I'm interested in but don't feel a rush to get like DIS and HAS.