Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Big Tech
#11
(07-01-2020, 03:04 PM)EricL Wrote: I have NVDA, SQ, SHOP, and TTD in my trading account and they are all doing great.

My problem is that I have no idea when to sell them, because they don't trade off valuation, just future growth.

So much different than DGI where you just buy and hold and let dividend compounding work over time.
Since you share your DGI port I think I know enough to state you do a good job managing your port.  I'll spare you from reading my tech bubble woes again, but if I had only prudent enough to gradually take my money off the table I would have made my retirement goals a year or two earlier.  I realize you would have missed some of the ride, but peeling a few shares of profit off and buying something boring makes me happy.  A UTE, pharma or most any Aristocrat will pay you back for the rest of your life.  I consider them free shares when it's pure profit. Those are great companies you own.  You are nervous because they are well past trading off growth prospects.  At this point you know some of the SP is just hopium or we wouldn't be having this thread.  I'm not telling you to cash out and run scared, though that might not be a crazy thought a year from now lol.  I don't know of course.  You were young then but I think you remember the tech bubble well enough.  We aren't really there yet, but it is starting to rhyme.  You'll kick yourself if you give half of it back in a week.
Reply
#12
TSLA up another 13% to $1750.
AAPL up another 3.7% and is just a couple bucks away from $400.
AMZN up nearly 3% and is approaching $3,300.

Weee!
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
Reply
#13
Ha, trying to fight the temptation to sell my QQQ too early.
Reply
#14
(07-13-2020, 11:09 AM)fenders53 Wrote: Ha, trying to fight the temptation to sell my QQQ too early.

I've already trimmed AAPL and MSFT twice. Now trying to decide the price at which I'll trim them again. $450 for AAPL, $250 for MSFT?

I don't mind them running, it's a nice way to build up my other positions with the capital gains. It's all in an IRA, so no worries about taxes.
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
Reply
#15
(07-13-2020, 11:16 AM)EricL Wrote:
(07-13-2020, 11:09 AM)fenders53 Wrote: Ha, trying to fight the temptation to sell my QQQ too early.

I've already trimmed AAPL and MSFT twice. Now trying to decide the price at which I'll trim them again. $450 for AAPL, $250 for MSFT?

I don't mind them running, it's a nice way to build up my other positions with the capital gains. It's all in an IRA, so no worries about taxes.
Going slow whether buying or selling seems to work more often than it doesn't.  I know it's just my personality but I hate to squander all my profits when I know a stock is years ahead of the fundamentals.
Reply
#16
(07-13-2020, 11:09 AM)fenders53 Wrote: Ha, trying to fight the temptation to sell my QQQ too early.

In 2020, it has been a pretty safe bet to short QQQ once the RSI pops above 70, and then go long again after it has a big drop day (like 3-4%). Am not trading it (or anything) at the moment, as we got cashy to buy a new place and pay for moving expenses.
Reply
#17
(07-20-2020, 11:29 AM)Otter Wrote:
(07-13-2020, 11:09 AM)fenders53 Wrote: Ha, trying to fight the temptation to sell my QQQ too early.

In 2020, it has been a pretty safe bet to short QQQ once the RSI pops above 70, and then go long again after it has a big drop day (like 3-4%). Am not trading it (or anything) at the moment, as we got cashy to buy a new place and pay for moving expenses.

I am not doing anything to excess right now.  I keep a little QQQ in the port just to say I am diversified.  When it dips (which has been rare in 2020), I sell a few out of the money puts and grab some quick cash I can use to add DGI shares with.  I've seen this movie before and I am not going to sit on individual tech shares that take 5-20 years to get back to even and pay zero or next to zero dividend.
Reply
#18
AAPL and AMZN both crushed earnings, FB was good too.

All are up 4%+ after hours.

AAPL announced a 4:1 stock split as well.
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
Reply
#19
(07-30-2020, 03:45 PM)EricL Wrote: AAPL and AMZN both crushed earnings, FB was good too.

All are up 4%+ after hours.

AAPL announced a 4:1 stock split as well.

This why MSFT is the better buy...

AAPL now that it’s splitting 4-1 will run as well. You buy today you get in right around $102 after split. Seems cheaper to me lol .. 

For all you longs.. Big T up a penny today Wink
Reply
#20
(07-30-2020, 04:43 PM)divmenow Wrote:
(07-30-2020, 03:45 PM)EricL Wrote: AAPL and AMZN both crushed earnings, FB was good too.

All are up 4%+ after hours.

AAPL announced a 4:1 stock split as well.

This why MSFT is the better buy...

AAPL now that it’s splitting 4-1 will run as well. You buy today you get in right around $102 after split. Seems cheaper to me lol .. 

For all you longs.. Big T up a penny today Wink
Love these old school splits.  I have to buy now because people are real bad at math lol. It does make an option trade more affordable and that very well may be part of the plan.  I  finally made a few ballsy tech trades this week  It's good to be lucky.  My boring UTEs are kicking it too but that's off topic on this thread.

PS. I know that T comment was directed at me.  T not moving much is a win.  We'll do it again next week.  Smile
Reply




Users browsing this thread: 1 Guest(s)