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Hey Nerds: Blockchain

6 month overview, buying today means you didn't miss much of a bounce. It' a lot closer to the bottom than its top. I don't know where all the angst comes from.



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CH1 said:
6 month overview, buying today means you didn't miss much of a bounce. It' a lot closer to the bottom than its top. I don't know where all the angst comes from.



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No angst on this one. Today is the first time I’ve ever mentioned it. I waited for a decent move downward that just didn’t come after three weeks, so I decided to just round out the position. I’m comfortable with it, and like the 5.2% dividend most of all.
 
$DBX beat revs, eps; adds a bit better, ARPU, DRs similar growth to q4 - forward guide on call- actually holding a gain which is change of pace- maybe shorts have given up
 
LeafOfFaith said:
Based on one day?
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I'm just jiving....RY chart is like so many other bank charts...the bounce from March has been very modest compared to tech stocks. If you're a bull, you're hoping money rotates from tech to financials so the banks can play a little catchup. I usually look at XLF (financial etf) for a quick read.

It's at 21.85 right now. 22 is an important level, which it briefly surpassed today before retreating
 
CH1 said:
I'm just jiving....RY chart is like so many other bank charts...the bounce from March has been very modest compared to tech stocks. If you're a bull, you're hoping money rotates from tech to financials so the banks can play a little catchup. I usually look at XLF (financial etf) for a quick read.

It's at 21.85 right now. 22 is an important level, which it briefly surpassed today before retreating
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Yeah, the only modest bounceback is what has me interested. Most everything else worth buying have flown off the shelves. It may take some time, but it is a blue chip with the ability to rise 40%-ish within the next year or two while paying a nice 5% each quarter.
 
Need an explanation here for a novice. So I've been looking at dividend / blue chip stocks as a long term hold and while I've been looking at charts, I've noticed that some of them have dividend payout ratios of 200%+ of earnings. Am I interpreting this wrong or does not seem sustainable?
 
As you know I don't like predicting but you have to think odds favor another test of the recent highs at some point, perhaps next week. If that breaks we continue the steady grind up and look towards 300 - a crucial level.

Fair to assume we continue grinding up after these brief consolidation periods until the bears start showing up. Like I always say, it'll work until it doesn't.

The one thing that feels different about this weeks' action is the serious lack of volume, but that just shows a serious lack of bear interest as well. Can change on a dime but for now bears aren't doing anything for me.
 
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All I know, there is some dude out there with a simple algo that's made a fortune the past two weeks.

Buy SPY calls at 3:59PM, sell them at 9:30AM the next day. Once they sold, they can play video games, stream movies, drink Beaus, get high, eat pizza until 3:59PM.
 
went long TLRY calls, GLD calls. looking at shorting some high flyers in tech with tight stops later this am if I like the r/r
 
MJ and other pieces of shit often get the last blast off as laggards which is usually a telltale sign of a top and consolidation is about to begin. I like the move.
 
got some cheap puts in SHOP, TWLO, TTD. stops are close by at their high of days
 
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