Author: pluginever

  • How do you hedge against an ETF (VOO) that’s been doing so well

    I have made amazing returns with putting the majority of my money in VOO but I fear that it will take a downfall soon. How would you hedge your position against such a downfall. I have a 40%+ return and it's peaked so much. About 60% of my portfolio is in it. I was curious…

  • Costco hikes membership fee for the first time since 2017

    https://www.cnbc.com/2024/07/10/costco-hikes-membership-fee-for-the-first-time-since-2017.html Costco is hiking annual membership fees in the U.S. and Canada by $5, and raising the cost of its higher-tier membership by $10. It’s the first increase since 2017. Costco said the fee increases would affect around 52 million memberships, a little over half of which are executive memberships.

  • r/Stocks Daily Discussion Wednesday – Jul 10, 2024

    These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…

  • AppLovin: (APP) Growth Has Just Begun, The Stock Is Worth Buying

    I own AppLovin #APP, with an average price of $84, I think its a great buy and hold for the following reasons. AppLovin's AI Ad Mediation platform, AXON is a big winner. APP stock has executed its last 5 quarters extremely well and should continue growing revenues at a CAGR of 20% and earnings over…

  • Benefit from splits?

    So hear me out. I know this would only work for small $ gains and only once per account. But I wonder how much smart traders make off reverse splitting per year? Here is my recent example (that worked). $CYN just did a 100 for 1 reverse split. Stock traded at roughly $0.05 earlier this…

  • Broadcom – A stellar company with a terrific track record and strong presence in AI.

    Broadcom (AVGO) is an excellent opportunity to ride the AI future outside of Nvidia and GPU's. Broadcom #AVGO has a $11Bn annual AI run rate from datacenter ASICs/TPU's and datacenter networking. It is unique in its aggregation of firms – it has a high-value semiconductor business and a sticky SaaS business, with recurring, and sustainable…

  • Where should I put $3000 now?

    I have been considering NVDA (Nvidia), AVGO (Broadcom) and MU (Micron) stock. I have invested about $2000 into Nvidia back in February and have made almost double. I like their products as I find that they revolutionise the AI space. However, a part of me thinks that to an extent, hype is driving their prices…

  • I got questions about day trading, free riding, and other possible violations…

    So, I tried doing some research on Google, and I just need a real person to verify what I learned, and still have questions about. Day trading is doing more than three trades in a “rolling” 5 day period. What exactly does that mean? I assume this means if I make a trade on Monday,…

  • Never invested. Where do I begin?

    I am a complete novice when it comes to anything investments/stock related, could anyone please spare a moment to educate me. I'm looking to learn how to invest, I know my limits as to how much I could invest/willing to lose in stocks. But I am ever so unsure how to get started. Do I…

  • Time to get out of Nvidia?

    I have a lot of Nvidia. Made a lot of dough. If I get out now (held less than a year) I'm gonna have a big tax hit for 2024. But, is it time to get out of Nvidia? Down 10% in the last couple of weeks or so. Will the correction continue? Will it…