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Nairaland Forum / YerYer's Profile / YerYer's Posts
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Investment / Re: Us Stocks Pick Alert by YerYer: 7:32pm On May 21, 2020 |
Alexandre7: Wow, I've been in and out of different names but I will list the stocks I held the longest Tech: Amazon (AMZN), Facebook (FB), Google (GOOGL), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Netflix (NFLX), Adobe (ADBE) Healthcare: United health (UNH), Abbott (ABT), CVS Retail: Home Depot (HD), Costco (COST) Financials: PayPal (PYPL), Square (SQ), Citi (C), Visa (V) Utility: American Electric Power (AEP) Auto: Tesla (TSLA) Entertainment: Disney (DIS) Airline: Southwest Airlines (LUV) Most of these companies will profit a long term investor. Check them out and please do your own research. 2 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 7:30pm On May 18, 2020 |
Alaska90: Webull is reputable and safe. 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 7:05pm On May 18, 2020 |
YerYer: Morderna (MRNA) shot up as high as $86 today after announcing positive results for its COVid-19 vaccine. My limit sell order was executed, I'm now out of this position. 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 7:00pm On May 18, 2020 |
Alexandre7: Welcome on board!! You've taken a bold step towarads a path I strongly believe will lead to financial independence if done right. I remember coming across a similar tread like this on nairaland some years ago and that's was how I started investing in the stock market. I like TD Ameritrade, it is a broker for serious investors. I like all four airline stocks and I still believe buying them at these levels is literally free money. As the economy opens up, people will travel once more. And like you said, we still need the airlines, will the govt just let them all go bankrupt? I don't think so. Unlike the cruise lines, the airlines are essential and yes the government will step in to save them (maybe not all) just like they did with the big banks in 2008. You plan to hold these stocks for over 6 months, so I think even with uncertainty and volatility in the travel sector, you will still come out ahead as long term investor. I will urge you to get a general understading of graphs so as to identify potential resistance and floor levels, it may help you trim or add to your position along the way. Marriott and other leisure and entertainment stocks have been beaten to a pulp. The risk reward at these levels are enticing especially for a long term investor. But like Dremanuel said, try not to put all your eggs in one basket. Diversify your portfolio so it can withstand shocks in the market. Being fully invested in the travel and leisure space only can be risky, so if you have capital to buy more stocks, look into the health, consumer discretionary, financials and tech sectors. 3 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 6:32pm On May 18, 2020 |
seyisanya: Kudos to you bro, ACB is up big today. What's your plan now? 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:50am On May 18, 2020 |
Iyamilele: These are companies scheduled to report earnings this week. Investors in these companies want to know how the company did in the last quarter (Jan-March). Companies report revenue, expense, profit, balance sheet and give guidance for the next quarter. Some traders pay close attention to the earnings calendar so they can trade certain stocks while predicting which way the stock price will move right before or after earnings. This is a very dangerous trading system unless you are a very experienced investor with a high risk tolerance. I attached a copy of the earnings calendar for this week, I'm a visual person.
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Investment / Re: Us Stocks Pick Alert by YerYer: 2:30am On May 18, 2020 |
Inehmesit: Sir, Aurora Cannabis (ACB) just reported good earnings and investors rewarded the stock with a 68% gain. But keep in mind this used to be a $127 stock back in 2018, so at the current price of $11.20, it is over 1000% off from it's all time high. Now to the question you asked, I know you want to know if you should buy the stock. I don't know your risk tolerance, but generally I will say stay away from this one. If you like the marijuana space there's GrowGeneration (GRWG), one can enter at $5.65. There's Neptune Wellness (NEPT), one can enter at $2.9. But be aware that these are speculative investments for a very short term frame. Since ACB reported an impressive sales growth few days ago, other marijuana stocks have gained nicely. Again this isn't an investment advice, just shedding light on the stock you brought up. One thing I like about this thread and online forums and co is that they give me ideas and most times I find my biggest gainers this way. I will go ahead and add those stock price alerts for GRWG & NEPT so if they cross those prices, I will be alerted and I may buy a few shares. I will also watch ACB of course for possible entries if any. 2 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:05am On May 18, 2020 |
millennium2012: Welcome back bro, we all have lives to live outside the internet; sometimes it's a juggling act. I tried looking up etoro fees but it looks like they have a spread fee for non-europeans, but if you are trading $2000 or more, the fees are little to none. But what I don't like is the fact that they charge $25 withdrawal fee and a $10/month inactivity fee. If I want to withdraw my own money I still have to pay a fee? Then if my account is inactive, they will still charge $10/month for that. I guess one has to consider the total costs and if they still come out ahead, then that's fine. 4 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 9:40pm On May 15, 2020 |
DreManuel: You can short Zoom (ZM) from the Robinhood app by trading options. You can buy puts or sell calls. I know most brokers will ask if you are an experienced investor while opening an account, based on your response they will either allow or deny you access to certain products such as margin and options trading. Try contacting them to grant you access, if they say you don't have much experience, just keep trading stocks on their platform for now. You can now proceed to opening an account with TD Ameritrade, but make sure you don't select you are a new investor. TD Ameritrade charges $0.65 per option contract. But honestly, read and watch instructional videos about options trading. It is very very risky and one of the fastest ways to lose money. TD Ameritrade has a paper account if you want to practice strategies first before actually trading a live account. I know Zoom (ZM) is overvalued, but investors are piling into covid winner stocks so it may go against you. Worst of all, shorting this thing is too damn expensive and if the stock keeps rising, you can lose 100% of your money in a blink of an eye. 3 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 6:53pm On May 14, 2020 |
ChybuzzDD: I think Trove app just saved you from losing money. The stock has been halted today as it is extremely volatile. News coming across now is saying the CFO has a sketchy past with overvalued companies according to the SEC. Stock has fallen over 50% from today's high and will fall some more once the trading halt is removed. 2 Likes
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Investment / Re: Us Stocks Pick Alert by YerYer: 11:41am On May 14, 2020 |
DreManuel: Welcome brother man!! You've come to the right place! |
Investment / Re: Us Stocks Pick Alert by YerYer: 3:50pm On May 13, 2020 |
OakPearl: Fed Chair comments today and the fear of a second wave of the corona virus is spooking the market. I can see why you would buy bearish ETFs. |
Investment / Re: Us Stocks Pick Alert by YerYer: 3:28pm On May 13, 2020 |
Jimmy17: Can't wait until you trade a live account and make real gains! Your picks are really good, abeg I no mind if you fit hint us so we go join lol while you dey save up. 3 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 3:07pm On May 13, 2020 |
Jimmy17: Juicy gains Which broker do you use? |
Investment / Re: Us Stocks Pick Alert by YerYer: 6:38am On May 10, 2020 |
donchris33: Exactly, he has way more insight into companies than anyone else even the analysts, so I wouldn't even attempt to criticise his decision to sell all his shares. But like someone else said, Buffet is more of a buy and hold guy; maybe he has determined in the long run airlines will still suffer. I don't know, but they are due for a bounce maybe not anywhere close to their pre-covid levels. |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:07pm On May 09, 2020 |
thesilentone: Thanks bro, really busy at the moment but I will check those resources out in due time. Appreciate 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:05pm On May 09, 2020 |
OakPearl: Enjoy the trip bro |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:00pm On May 09, 2020 |
donchris33: I wouldn't question Warren Buffet's reasons for selling off all his airline shares; maybe he knows more than the average investor. But just looking at the risk-reward here, those stocks have been beaten so badly and a bounce can be expected. |
Investment / Re: Us Stocks Pick Alert by YerYer: 5:22pm On May 08, 2020 |
sonnie10: Airlines are a great medium term trade here. I tried to get into United Airlines (UAL) today at the $22 level but it never filled. Buying airlines here is an aggressive trade but as more cities slowly open, this trade is such a no brainer its literally free money. Airlines are at their 52wk lows so the risk reward here is really good. An aggressive trader can initiate a position here and even add to it if prices fall. 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 5:07pm On May 08, 2020 |
thesilentone: I checked out their website but I don't see how much they charge. What books do you recommend? |
Investment / Re: Us Stocks Pick Alert by YerYer: 4:53pm On May 08, 2020 |
Got back into Morderna (MRNA) at the $56.75 level. The stock rallied yesterday after announcing their COVID-19 vaccine is moving to phase II testing. But do not expect any magic here, vaccines takes years to refine even in perfect conditions. I will say a stop sell order at $45 to take me out but I plan to ride this stock to $73. 1 Like
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Investment / Re: Us Stocks Pick Alert by YerYer: 4:36pm On May 08, 2020 |
YerYer: Papa John's (PZZA) missed analyst EPS and revenue after reporting earnings, but the CEO said April was their best month ever. Currently up 29%, I still like this company; I will follow it closely and decide what to do next.
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Investment / Re: Us Stocks Pick Alert by YerYer: 4:07pm On May 08, 2020 |
YerYer: ADT reported earnings yesterday. Sales beat but they reported a loss. This is a small position and I'm up 33% but I plan to hold as this stock is still undervalued.
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Investment / Re: Us Stocks Pick Alert by YerYer: 3:36pm On May 08, 2020 |
Square (SQ) the mobile payment processor reported wider loss than expected but revenue exceeded analyst consensus. They are poised to benefit from a contactless world as their Cash app is wildly used by teens and young adults. They should also benefit as more people get their stimulus check. I've been in and out of this name in the past and I plan to add if it dips more. 2 Likes
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Investment / Re: Us Stocks Pick Alert by YerYer: 3:30pm On May 08, 2020 |
lafuria1: Lol, it's kinda sad |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:25pm On May 08, 2020 |
thesilentone: That makes a lot of sense. When I'm chanced my plan is to take a cheap course on TA to better improve my trades. 1 Like |
Investment / Re: Us Stocks Pick Alert by YerYer: 3:20pm On May 07, 2020 |
Jimmy17: Here you go sir YerYer: You might also want to ask oga OakPearl how he spots stocks, he's a better stock picker. 2 Likes 1 Share |
Investment / Re: Us Stocks Pick Alert by YerYer: 2:48pm On May 07, 2020 |
YerYer: Fastly (FSLY) the cloud computing platform reported stellar earnings last night. As the name suggests, they provide edge computing that helps speeds up apps and website performance. They are built to handle excess internet traffic which has been on a rise as more people teleconference, shop, play games and stream online. The stock and options have net me $483 and I will very likely sell here. 5 Likes
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Investment / Re: Us Stocks Pick Alert by YerYer: 2:39pm On May 07, 2020 |
YerYer: I'm up over $3K. I feel like if social distancing is here to stay, how can you social distance in a gym? This company is made for this pandemic. I may set my stop limit order at $43.5 to take me out but I'm really tempted to hold this a little bit longer. 4 Likes
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Investment / Re: Us Stocks Pick Alert by YerYer: 1:24pm On May 07, 2020 |
OakPearl: Wonderful call. Stock is up 21% since this post. |
Investment / Re: Us Stocks Pick Alert by YerYer: 1:23pm On May 07, 2020 |
nna777: Well explained. I'm not too versed in technical analysis but I'm always amazed by how much graphs and patterns can predict price movements. I agree with you, this is a good stock and it does look like it is consolidating before a breakout. I will likely get back in for but for smaller amounts and build slowly. 2 Likes |
Investment / Re: Us Stocks Pick Alert by YerYer: 12:44am On May 07, 2020 |
OakPearl: You are correct bro. If I hold longer, I would've come out ahead tbh. Looking at the 3 months chart, its hitting it's simple moving average and will likely bounce higher. I bought a significant amount of shares and every percentage move is significant, so I just wanted to offload here. Lol after costing me money, I will redeem myself later on this stock 1 Like
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