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Monthly Stock Market Thoughts/Plays - June

Posted on 6/8/17 at 12:35 pm
Posted by Old Money
Member since Sep 2012
36359 posts
Posted on 6/8/17 at 12:35 pm
NVDA is a damn money printing machine.

"Citi’s new price target for Nvidia (NASDAQ:NVDA) is $180 but makes a case for $300."

LINK

Sold out of Goldman for a nice gain today. Hoping it dips again so I can repeat the process.
Posted by MSTiger33
Member since Oct 2007
20381 posts
Posted on 6/8/17 at 1:41 pm to
I remain bullish on AUPH. Freeing up some money to buy more
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47130 posts
Posted on 6/8/17 at 5:25 pm to
On the Apple train for a few months.

We will see how it goes.
Posted by bayoubengals88
LA
Member since Sep 2007
18916 posts
Posted on 6/8/17 at 5:33 pm to
quote:

Sold out of Goldman for a nice gain today. Hoping it dips again so I can repeat the process.

options?
Posted by bayoubengals88
LA
Member since Sep 2007
18916 posts
Posted on 6/8/17 at 5:41 pm to
One of my old favorites MRO
quote:

Mike Khouw said on CNBC's "Options Action" that he noticed unusually high options activity in Marathon Oil Corporation.

The stock dropped 5.2 percent on Wednesday, but the call options volume was twice the average daily call options volume. There was one particularly large trade in the name. A traders bought 5,000 contracts of the July 13 calls for $0.30. The trade breaks even at $13.30 or 8.93 percent higher.


If you can be patient for a few weeks for a 5-10% gain...or play the options
This post was edited on 6/8/17 at 5:42 pm
Posted by KamaCausey_LSU
Member since Apr 2013
14510 posts
Posted on 6/8/17 at 7:43 pm to
I've been debating between Nvidia and AMD. NVidia has been killing it and doesn't show signs of stopping. Luckily it seems like they're both rising, and I'm happy with my choice of AMD. Ryzen chip production was too alluring and now they've seemed to have secured an Apple deal. It's a shame the intel partnership didn't happen for AMD.
Posted by Old Money
Member since Sep 2012
36359 posts
Posted on 6/8/17 at 8:29 pm to
I was holding the stock.
Posted by ShlikStyck
Bum F**k Egypt
Member since Jan 2005
3789 posts
Posted on 6/9/17 at 12:38 pm to
this change anybody's ideas on NVDA? It's tumbling today along with all other tech stocks.

Nvidia reverses to decline after Citron Research says it will fall to $130

BY MarketWatch
— 12:15 PM ET 06/09/2017

Nvidia Corp. ( NVDA

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) stock turned lower in Friday's session after short-seller Citron Research predicted (https:// www.citronresearch.com/nvidia-trade-back-130/) shares would drop to $130 and advised investors to target Alphabet Inc. (GOOGL)(GOOGL) instead. after price target increases, but Citron's note suggests that the raised targets could be "an example of analysts chasing stock price." In particular, Citron targets , calling it "irresponsibly bullish." Citron , predicting shares would fall to $90 while they were trading near $120. The stock did drop to almost $95 a share earlier this year, but spiked in May after and led to for Nvidia's ( NVDA

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) artificial-intelligence advances. In midday trading, Nvidia ( NVDA

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) shares were selling for about $155, a daily decline of about 3%.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires
06-09-17 1215ET
Copyright (c) 2017 Dow Jones & Company, Inc



Posted by leoj
Member since Nov 2010
3106 posts
Posted on 6/9/17 at 1:19 pm to
It's down about 13% from the daily high. Other techs all taking it in the pants. Crazy day, trying to decide if anything is worth picking up on the dip, especially if this continues.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47130 posts
Posted on 6/9/17 at 2:12 pm to
The tech market took a dump today..

Facebook, Apple, Amazon, Netflix, Nvidia, Google all down big.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 6/9/17 at 2:18 pm to
They're all coming back up now but I wish it would continue. Have my eye on TXN, more MSFT, maybe AAPL
Posted by TomRollTideRitter
Member since Aug 2016
12618 posts
Posted on 6/9/17 at 2:20 pm to
I've taken decent loss today. Nvidia in particular hurt because I increased my number of shares of it this morning. I'm not selling anything though. Just holding.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 6/9/17 at 2:23 pm to
I grabbed some more AMZN, but am waiting until Monday to grab anything else. Eyes on WYNN and NVDA.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47130 posts
Posted on 6/10/17 at 12:03 pm to
A friend who works as a financial planner says it's short term.

He said he would still buy here.
Posted by HYDRebs
Houston
Member since Sep 2014
1241 posts
Posted on 6/10/17 at 12:50 pm to
quote:

A friend who works as a financial planner says it's short term.


Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47130 posts
Posted on 6/10/17 at 5:17 pm to
He does manage millions of $ worth of accounts so I trust what he says.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47130 posts
Posted on 6/14/17 at 2:15 pm to
I see the rate hike has killed the tech rally this week.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16906 posts
Posted on 6/15/17 at 11:08 am to
this tech dump is starting to look real inviting
Posted by Titan
Member since Apr 2008
2471 posts
Posted on 6/15/17 at 11:12 am to
quote:

A friend who works as a financial planner says it's short term.

He said he would still buy here.


Sounds like your friend has a crystal ball. I trust anyone who thinks they know what is going to happen
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16906 posts
Posted on 6/15/17 at 11:13 am to
im holding some VMW and ready to get out. was hoping to see $90 again. might just cut bait.
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