Trading the stockmarket (NO Referrals)

radderfire · Thursday at 16:08

I just bought into:
- Rigetti Computing (Quantum computers)
- Rocket Lab Corporation (Space manufacturing and services)

Reasoning: Both are in exciting areas, the charts over the past month have had a nice uplift, and in this frothy market I am hoping for more froth.

"Rigetti is priced at more than 1,100 times sales already, with no profits, and no analysts currently predict Rigetti turning profitable ever."

Why Rigetti Computing Stock Popped, Then Dropped | The Motley Fool

An investment in Rigetti stock is not for the faint of heart.

www.fool.com

Wish me luck!

grudas · Thursday at 16:13

radderfire said:
I just bought into:
- Rigetti Computing (Quantum computers)
- Rocket Lab Corporation (Space manufacturing and services)

Reasoning: Both are in exciting areas, the charts over the past month have had a nice uplift, and in this frothy market I am hoping for more froth.

"Rigetti is priced at more than 1,100 times sales already, with no profits, and no analysts currently predict Rigetti turning profitable ever."

Why Rigetti Computing Stock Popped, Then Dropped | The Motley Fool

An investment in Rigetti stock is not for the faint of heart.

www.fool.com

Wish me luck!

it'll be good unless @Diddums davidums buys some..

radderfire · Thursday at 17:04

Can anyone give examples of companies that have had a consistent linear uptrend over the past 5 years? I know this is not OCUK investing style though ...

Nasher · Thursday at 17:13

radderfire said:
Can anyone give examples of companies that have had a consistent linear uptrend over the past 5 years? I know this is not OCUK investing style though ...

Look at most stocks for 5+ years and they go up

There is some to mostly avoid though. Phone networks, car makers. Might be to late to get in to cryto and AI now. I'm avoid UK tech as the government is quite close to killing it.

Trusty · Thursday at 17:16

arknor said:
more people are getting invested int he stockmarket than ever so surely its expected that p/e prices will go insane because theres now more money driving the share prices higher.

it's surely a meaningless ratio by now

Passive investment is through the secondary markets. It doesn't directly contribute to a companies earnings. But indirectly it can for sure, provides a floor under the share price which then means that company has more room to expand, invest or hire which then can lead to revenue increases obvs. No argument with me that passive investment is a monster and makes up most of the flows nowadays.

The earnings part of P/E which i'm alluding to is the fact that wages have been suppressed for the last 15 years, the productivity gains go to capital not labour. Higher earnings but not higher wages, which supports corp margins. This distorts the P/E ratio to the upside.

Every man and his dog are not sharing in the wealth, its a small % that are. K shaped economy, not bubblicious.

Uther · Thursday at 17:17

Not a bad day, nothing exciting. More meme stocks plz.

Minstadave · Thursday at 17:43

Edit not best example.

arknor · Thursday at 17:51

200sols said:
Of course it matters. Right now we're just in an exuberance phase. You think if company earnings fall that stocks won't follow? I think that's wrong at a fundamental level.

that just makes the p/e even higher though.

he Price-to-Earnings (P/E) ratio is a stock valuation metric calculated by dividing a company's current share price by its earnings per share (EPS). It shows how much investors are willing to pay for each pound of a company's earnings

people are prepared to pay a lot these days, there used to be an artificial dam with a high toll blocking money from flooding into the market, it doesn't exist now.

P/e is never going to fall to historic levels ever again it's meaningless.

people are still investing the majority of the money into the same stock market with the same few companies the valuations are always going to go insane.
people don't care it's basically a ponzi scheme for the last few years, get in early, get rich.

I don't see why that would change anytime soon unless the US jobs market collapses

you just need to spot which industry is likely to start trending next.... jump aboard and wait

200sols · Thursday at 18:07

arknor said:
that just makes the p/e even higher though.

he Price-to-Earnings (P/E) ratio is a stock valuation metric calculated by dividing a company's current share price by its earnings per share (EPS). It shows how much investors are willing to pay for each pound of a company's earnings

people are prepared to pay a lot these days, there used to be an artificial dam with a high toll blocking money from flooding into the market, it doesn't exist now.

P/e is never going to fall to historic levels ever again it's meaningless.

people are still investing the majority of the money into the same stock market with the same few companies the valuations are always going to go insane.
people don't care it's basically a ponzi scheme for the last few years, get in early, get rich.

I don't see why that would change anytime soon unless the US jobs market collapses

you just need to spot which industry is likely to start trending next.... jump aboard and wait

It doesn't make it higher, see any recent big dip. Falls are often much faster than the gains.

People think this is a.new normal and recessions are a thing of the past. We shall see..

Diddums · Thursday at 18:14

grudas said:
it'll be good unless @Diddums davidums buys some..

Wanna make money? Short a stock. Post in here that you bought some and it's gonna go up. I also buy some. It tanks. Profit.

slinxy · Thursday at 18:48

T212 are slackers..
I had some Royal Mail shares at the time of the buyout in April.. and it’s taken till today for them to exchange my shares for the cash.

It’s this sort of thing that stops me using them as my main broker.

God knows how much potential gains I’ve lost out on if they gave me the cash in the sort of time period that other brokers have now, and I’ve slapped it into the S&P500

413x · Thursday at 19:10

grudas said:
it'll be good unless @Diddums davidums buys some..

Please don't. It's one of my big 5!

Dis86 · Thursday at 19:15

JP Morgan boss Jamie Dimon sounds warning on US stock market fall

Jamie Dimon said he was "far more worried than others" about the potential for a stock market correction.

www.bbc.co.uk

Thought that was quite an interesting read this morning. Tempted to give it another month, flog what I can and then see if the crash hits!

413x · Thursday at 19:33

I do still think a crash is coming.

I'd say almost everyone is now starting to talk about it. Especially us on here. But we are still riding the memes. Definitely getting twitchy though.

radderfire · Thursday at 19:51

Dis86 said:
JP Morgan boss Jamie Dimon sounds warning on US stock market fall

Jamie Dimon said he was "far more worried than others" about the potential for a stock market correction.

www.bbc.co.uk

Thought that was quite an interesting read this morning. Tempted to give it another month, flog what I can and then see if the crash hits!

Jamie Dimon has been telling people not to buy Bitcoin for the last ten years, which was terrible advice.

From the article:

"People talk about stockpiling things like crypto, I always say we should be stockpiling bullets, guns and bombs."

War is a racket. On the one hand I support defence, but on the other hand the history of the bankers supporting and profiting from wars is lamentable.

When you think an independent Fed is a good thing, what you're actually doing is allowing private bankers to control the economy with NO accountability. The Fed is currently fudging all figures and basically lying about the state of the economy. This is why it is quite risky investing still. Everything is being fudged, and history tells you at some point it ends badly.

booyaka · Thursday at 20:21

radderfire said:
Can anyone give examples of companies that have had a consistent linear uptrend over the past 5 years? I know this is not OCUK investing style though ...

https://uk.finance.yahoo.com/quote/FGP.L/

First Group - I've been in for last 5 years - not that exciting but solid returns / share buy back / decent dividends and I've x4.5 my original investment. Original buy at 45p but just reinvest dividends/buy backs etc. (10th Sept 2020)

413x · Thursday at 20:29

radderfire said:
Jamie Dimon has been telling people not to buy Bitcoin for the last ten years, which was terrible advice.

From the article:

"People talk about stockpiling things like crypto, I always say we should be stockpiling bullets, guns and bombs."

War is a racket. On the one hand I support defence, but on the other hand the history of the bankers supporting and profiting from wars is lamentable.

When you think an independent Fed is a good thing, what you're actually doing is allowing private bankers to control the economy with NO accountability. The Fed is currently fudging all figures and basically lying about the state of the economy. This is why it is quite risky investing still. Everything is being fudged, and history tells you at some point it ends badly.

Probably annoyed they got most of the modern big wins wrong.

413x · Thursday at 20:30

radderfire said:
I just bought into:
- Rigetti Computing (Quantum computers)
- Rocket Lab Corporation (Space manufacturing and services)

Reasoning: Both are in exciting areas, the charts over the past month have had a nice uplift, and in this frothy market I am hoping for more froth.

"Rigetti is priced at more than 1,100 times sales already, with no profits, and no analysts currently predict Rigetti turning profitable ever."

Why Rigetti Computing Stock Popped, Then Dropped | The Motley Fool

An investment in Rigetti stock is not for the faint of heart.

www.fool.com

Wish me luck!

I've been surprised by rigetti beating out the the other 2. I would have put my money on the other 2 being ahead of rigetti.

I'm trying yo figure out why this is.

Begbie · Thursday at 20:43

radderfire said:
I just bought into:
- Rigetti Computing (Quantum computers)
- Rocket Lab Corporation (Space manufacturing and services)

Reasoning: Both are in exciting areas, the charts over the past month have had a nice uplift, and in this frothy market I am hoping for more froth.

"Rigetti is priced at more than 1,100 times sales already, with no profits, and no analysts currently predict Rigetti turning profitable ever."

Why Rigetti Computing Stock Popped, Then Dropped | The Motley Fool

An investment in Rigetti stock is not for the faint of heart.

www.fool.com

Wish me luck!

Im 164% up on Rigetti, regretti not buying more.

413x · Thursday at 21:00

Begbie said:
Im 164% up on Rigetti, regretti not buying more.

For me, I'm up 15x on rigetti, 36x on qbts and 5x on ionq

Also regret not buying more

Edit.
I expected quantum computing to take much longer than this to get to this level of Mkt cap. I expected a slow increase with 1,2 or 3 of my holdings to fall away to bankruptcy.

This is, of course, still very much a possible. Google (for example) could pop out a quatnum solution that leaves others in the dust. But for now I continue to ride the wave.

Sensibly I took some profit at approx half what rigetti price is now, (2/3 of what the other two are roughly).

Although this is sensible. I wish I had held it all.

Still. My quantum computing holding is now over 25 percent of my isa. I hoped for this. But I didn't expect it. Else would have put more in.