Share Picks 2022

greenfield21

YTD

$SARK 69.09%

$SQQQ 65.08%

$SPXS 37.55%

$SDOW 23.76%

I don't think retail are short...

https://mobile.twitter.com/GerberKawasaki/status/1520439697347993600

Pussyhands

Cathie has Irish parents, her father was in the Irish army.

I just checked her age, she's 66. Older than I thought.

transylman

Quote:patsy167

Teledoc is surely worth a punt at current prices

Based on what valuation model? It hasn't made money in 10 years and doesn't look like it will any time soon.

It's run up in 2020, largely driven by crazy Cathie and her likely soon to be defunct funds, was the abnormal part. Its now back at a level that would be reasonable in a zero interest rate, booming economic period. Problem is we have rising interest rates and slowing economy. I can easily see it dropping another 50% from here, especially if Cathie is forced to start selling.

moon2

I just sold up on OXY, DVN and MRO. I got in at 17.03, 10.58 and 5.52 respectively.

I doubt we're at the peak for anything energy related but I'll take these gains and pay off some of the worse bets. I had a few smaller punts on happy to stop here and see how things pan out over the next while.

Anyone else tracking those three? Of you're still holding, what price do you have in mind to sell at?

patsy_mccabe

Baba gone over $100 again. Crazy world.

littlevillage

https://www.boards.ie/discussion/comment/119006774#Comment_119006774

DVN has been a good stock for me. Still have a small holding. Oil explorers have probably peaked...soo you are correct to get out.

Pussyhands

Fed rising rates 50 basis points. Inflation is transitory they said! Lol

Such opposite views by Fed and ecb.

littlevillage

https://www.boards.ie/discussion/comment/119008364#Comment_119008364

DVN up 5% today. Sanctions on Russian oil driving the price thru the roof.

Shedite27

https://www.boards.ie/discussion/comment/119016179#Comment_119016179

And the Nasdaq goes up 3% after the announcement. There's been a lot of talking heads saying this has all been baked in already, markets hate uncertainty so we could be ona sturdier path now that we know the rate hike

bcklschaps

https://www.boards.ie/discussion/comment/119016512#Comment_119016512

Whole market went gangbusters yesterday 😁 Everything that wasn't a complete turd, put on a 2 - 3%

They had obviously priced in a 75bps rate increase, and this was a relief rally.

Back down to earth tommorow probably.

Thargor

-Back down to earth tommorow probably.

Yep, another brutal day out there.

Pussyhands

Ffs. Down over 3% today. Almost down 10% overall again. Is the market going down because of the interest rate rises or because it thinks a recession is coming?

Mad_maxx

I would not be all that surprised if we touched 3350 this year , that was the pre covid high while Trump was president , certain milestones are often revisited , id almost put money on 3600 being reached which would wipe out all the gains since Biden took office , Id buy like crazy if that happens , important to remember that markets were very richly valued and what we see is not at all surprising when you factor in inflation and the war in Ukraine as two other backdrops

patsy_mccabe

I like the low days, usually buy then.😀

Pussyhands

March 2020 vibes

Pussyhands

Buffett was right all along. Interest rates are to asset prices what gravity is to matter.

Thargor

Amazon is amazing, back to exactly where it was 2 years ago.

TalleyRand83

Wow I'm getting hammered along with most I'm sure, raging I pumped so much funds in end of Jan / Feb thinking I was "buying the dip" as it were.

Practically out of spare investment funds barring a small bit of weekly or monthly inputs and down 40 odd percent!

The mood around podcasts, fintwit has changed spectacularly.....anyone buying Shopify the last few years is now an idiot, didn't hear too many shout that until last couple of months.

Challenging but going to keep the head down and plough on

Pussyhands

https://www.boards.ie/discussion/comment/119024249#Comment_119024249

Down 11% for me. Hard to know where it could end.

IMF are saying inflation here will return to 2.8% next year. I wonder if it dropped to that in the US would they reduce rates again?

Pussyhands

I find it interesting that ARKK is actually only 20% above its covid lows.

Pussyhands

Anyone here own DKNG? I went to check my transaction history to look at when I sold my cloudflare stocks and I can see my DKNG shares were sold and rebought yesterday. I was wondering why the movement in my portfolio wasn't being updated. Anyone know what happened here?

I did not make any orders on this. I'm guessing there was some change of some kind in the shares but what exactly?

banie01

After making a nice % on CHWY late last year albeit missing the absolute peak in December, I've gone back in today at $27.46

At this buy level, I see it as a long hold and resilient enough to no not only weather current market conditions but, to return to pricing in the $50+ range within the year.

patsy_mccabe

Watch the following video from 7:40 . Buffett bought a serious amount of Occidental (14%) in 2 weeks. He explains how this was only possible because of the level of day trading that now exists in the stock market. When you think that all these day traders are all trying to buy low, and then wait and sell high, it has to have a huge tendency to drive up prices. The stock exchange has become a casino.

Warren Buffett Just Sunk $40B into the Stock Market - YouTube

Redjackie

If you were selecting your Share Picks 2022 right now…. Would it be very different in May 2022 rather than Jan 2022?

Will have sale of apartment funds next week & looking for mix of stocks for part of the funds. Some long term, some that have potential to grow over next year.

Shedite27

https://www.boards.ie/discussion/comment/119027284#Comment_119027284

Probably, just because there were a lot of stocks like Docusign and Shopify that I wouldn't have touched at the price 6 months ago but am happy to add to at these levels. I'm in the same boat, have annual bonus coming in the next 2 weeks, won't be plunging it in one lump sum, but will be adding it to the market over the summer months

Jonnyc135

https://www.boards.ie/discussion/comment/119016179#Comment_119016179

Phillip Lane and Lagarde are destroying the Euro at the minute. I wonder if the realise that by the Euro loosing its purchasing power it means there imports for goods and raw materials will cost more and help bake in high inflation.

I'd be extremely confident we are at a stage where we are sailing down the river and niagra falls is at the end of it.

Due to the Federal Reserve tightening and upping rates the dollar is strengthening, this becomes a nightmare for Emerging Economies. If Sri Lanka defaults it could be the spark to light it all up.

The bond markets are absolutely getting crucified at the minute (way worse than the height of 08 crash), you would wonder as consumer sentiments drop over the year with high inflation will we see stock portfolios of big hege funds begin starting to worry as both bonds and stocks will be getting hammered.

Timing belt

https://www.boards.ie/discussion/comment/119029797#Comment_119029797

Most of the bond holders are financial institutions that will benefit from higher rates and will have already hedged there positions via IRD’s or asset swaps.

The funds that are holding bonds or debt are not holding for short term and would be more concerned about the underlying company than rates rising. Biggest impact for them will be that bonds will be unlikely to be redeemed early as they have been used to for the past 10 years as it was a declining interest rate environment.

If the stock market collapses investors will pile into bonds in the flight for safety which will put downward pressure on rates.

The likes of Germany will welcome a lower Euro as it makes their goods cheaper to buy around the world and will correspond with an increase in production as the export more.

The biggest impact will be a reduction in liquidity as higher rates will see an increase in bank deposits at the same time as QE is unwound taking cash out of circulation. This will impact funds that have long positions that are unhedged as they would struggle to convert to cash in the event of a market stress.

Jonnyc135

https://www.boards.ie/discussion/comment/119030489#Comment_119030489

Stock market is in a bear market and taking a hammering, don't see floods of people heading into bonds (yet).

Sri Lanka government have brought in emergency powers which are quite draconian - take possession of property, change and suspend any law. Serious unrest there and due to there foreight currency shortage there cannot get food in. There in a terrible state I think 50 billion being defaulted on.

Look we tend to disagree on most things but I do tend to believe Mohamed El Erain and he quite adiment that a liquidity crisis will be next. What to do then no-one knows probably start QE again and the casino starts again.

dil87

There's no leadership outside of Oil/Gas stocks. Market internals are horrific, only 14% of Nasdaq stocks are above their 50 day moving average. Advance/Decline on both Nasdaq and S&P made a new low this week. The VIX and Put/Call Ratio is not signalling panic yet. Until all this is resolved it's unlikely to see a bottom. Pretty much anything outside of Oil/Gas is a no go right now. Growth stocks such as those that lead 2020 have been in a bear market since early 2021, buying the 'dip' is suicide. But keep your watchlists fresh, the market WILL turn up when the news in the world is still terrible; war, inflation, recession, etc.

theboringfox

Surely buying into oil and gas stocks now is not a great idea? They are likely gone into overvalued territory now. Market may go lower but in between but looking out 5 years I would much prefer to hold stock in microsoft than shell