BaylorSpineGuy said:

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You're very kind, friend!

Pickoff win? I assume you mean Baylor over Tarleton?

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Odd were less than 2:1 when I put my money in. Expanded a bit on gameday.

Any thoughts on loading up on Boeing as a long term play, at $163 right now. Easily half at its ATH, new leadership stepping in. Yay or nay?

cryption said:

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Listen to the American Scandal podcast about Boeing that's going on right now. Really eye opening about the level of rot inside Boeing. Then make a decision.

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Still feels like a decent long term buy.

You're probably right - the govt has too much invested with Boeing to let them fail. So loads of govt money will flood in. I guess I just have a personal block against investing in companies that I distrust. Their management gives me no hope of righting the ship and I wouldn't trust my own money to them. I reckon the astronauts on the ISS watching their Boeing made ride leave without them feel pretty similar

hedge said:

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Any thoughts on loading up on Boeing as a long term play, at $163 right now. Easily half at its ATH, new leadership stepping in. Yay or nay?

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I thought about going in earlier on some calls for Boeing (a couple months ago?) but with the labor strike, 77x issues, starliner, and a dozen other things it's probably not the 'safest' thing to invest in for the rest of this year.

BA is certainly a conundrum, equity-wise.

On one hand, if there ever was a "too big to fail" company, they are it. Given the world's reliance on their planes, the US government's defense and space contracts, and dominance in their markets, we all know they aren't going to be allowed to disappear. Maybe be broken up into several parts (which usually isn't bad, from an investment thesis perspective).

On the other hand, their apparent operational challenges are confounding, to say the least. How does a company with this much expertise, experience, and influence allow some of these lapses to occur? Clearly, from an organizational or managerial standpoint, they're lacking some of the basics.

All that said, I invested in Sept. 25 LEAPS about a month ago, thinking they would get beyond their current issues, and to acknowledge that they operate the safest form of transportation we have today. I have respect for what they've built, and hope for them getting their act together. And, I wanted leverage vs. buying the stock (with no dividend anymore, I don't see it as a long-term hold, as I have in the past).

Clearly, I was early in this thinking (down 46% since purchase), but maybe time will heal? I only have a year to wait - hurry up, management!

Good call on XPEV, Heineken. Been my only consistent green since you noticed it. Thanks for all your input on this board!

Trimmed some of my net free SLV 9/20 $25 calls. Taking some profit here since this has been so choppy

cryption said:

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Listen to the American Scandal podcast about Boeing that's going on right now. Really eye opening about the level of rot inside Boeing. Then make a decision.

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no way in hell would I invest in Boeing right now.

aside from their problem with making planes that crash, this strike is either going to drive them near to bankruptcy-

or more likely the leadership will give in to the demands of the unions and force them to provide 30% pay raises and make them incapable of earning profits for shareholders.

I bleed maroon said:

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BA is certainly a conundrum, equity-wise.

On one hand, if there ever was a "too big to fail" company, they are it. Given the world's reliance on their planes, the US government's defense and space contracts, and dominance in their markets, we all know they aren't going to be allowed to disappear. Maybe be broken up into several parts (which usually isn't bad, from an investment thesis perspective).

On the other hand, their apparent operational challenges are confounding, to say the least. How does a company with this much expertise, experience, and influence allow some of these lapses to occur? Clearly, from an organizational or managerial standpoint, they're lacking some of the basics.

All that said, I invested in Sept. 25 LEAPS about a month ago, thinking they would get beyond their current issues, and to acknowledge that they operate the safest form of transportation we have today. I have respect for what they've built, and hope for them getting their act together. And, I wanted leverage vs. buying the stock (with no dividend anymore, I don't see it as a long-term hold, as I have in the past).

Clearly, I was early in this thinking (down 46% since purchase), but maybe time will heal? I only have a year to wait - hurry up, management!

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Just as Raytheon picked off pieces of legacy United Technologies Corp

to form the new Raytheon Aerospace,

other defense contractors can pick off the defense parts of Boeing.

RIG HPE PUK are a few I'm looking at

Sold out of last tranche Sep 6 $25 calls this morning

I sold a few Sep 13 GDX 39 calls. Concerned it could dip this afternoon/over the weekend.

Still following this potential H&S on POWL. Would the neckline around 130 be support?

fauxstradamus said:

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Still following this potential H&S on POWL. Would the neckline around 130 be support?

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If its a true H&S, support could be as low as under $100. $130 should offer some sort of bounce. But notice the lack of overlap as its moved down from the H&S top. Not good for bulls. Sitting on the 144D EMA right now.

OXY, despite touching just below $54 that I mentioned earlier in the week, doesn't look done. Might be heading to $50.

I'm really surprised we're down this low - it's bounced in the 55.50 area multiple times. I bought some Jan 2025 57.5c yesterday I will average down if we see 50. It hasn't stayed this low for long after building this new range in March/April 22. I know your outlook on crude, but I think Oxy has some other things going for it .... and Warren Buffett is a major shareholder. We'll see how bad a decision I'm making in a couple months. RSI on the daily is getting oversold.

Tracking a potential reversal in XLF. Timed targets are shown. My wave count down is a guess. I bought Nov and Dec $44's looking for 2-4x with minimum target $41.50 and max target$39.50. New high invalidates, though a drop from a new high could still have the plays work out, so as always, premium paid is your risk and I personally will not have stops.

I finally took off my rose colored glasses and got stopped out at $160.

Could've made a lot more and should've dumped my calls when it peaked.

Oh well.

CC09LawAg said:

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I finally took off my rose colored glasses and got stopped out at $160.

Could've made a lot more and should've dumped my calls when it peaked.

Oh well.

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I got stopped on the recent bullish play I initiated. Within a couple days too. It failed to grab the one more high I wanted. I'm 100% sidelines on it until it proves its direction. Will potentially be a big buyer if we get below $100, but the shape it takes to get there will be key.

Yes, I am going to lick my wounds but if it gets to $100 I plan to re-evaluate and find an entry.

interesting that BA was at exact same spot 2 years ago. It sold off into September of '22 to just under 120. As low as sentiment here is though, a rebound soon (before resuming sell off) wouldn't surprise me!

I'm mostly watching FUBO, not in anything else right now.

Xom looking pretty darvas-ey over the last 2 months, even more so than oil

AVGO earnings here AH.

PATH earnings as well. Up 6% AH so I assume they beat

edit: now over 10%. Check those calls in the AM

El_duderino said:

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AVGO earnings here AH.

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I have a $120 price target before I'll buy that one.

Here's a concept.

Elon Musk can purchase them for cheap. Turn them into a winner, and sell it or merge.

Or someone else who has been responsible and has the money to capitalize on this.

Agsrback12 said:

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Here's a concept.

Elon Musk can purchase them for cheap. Turn them into a winner, and sell it or merge.

Or someone else who has been responsible and has the money to capitalize on this.

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I like the enthusiasm and creativity!

However, even at a "cheap" price, it's worth over $100 billion, and Elon already wasted $45 billion or so of his liquid wealth on Twitter. Even he doesn't have the spare change to pick this up as yet another hobby. This is without even considering the anti-trust aspects with SpaceX (it wouldn't get approved). While I have the utmost respect for Elon as an innovator, I don't think he has any real expertise in turnaround situations. And, anyone who calls a product "Full Self Driving" when it's not even remotely that, can hardly be called responsible .

I would like the board's thought on X - US Steel? I know there is a bid to buy from Nippon at about $55/share and today it is closed at $30 and some change. Biden is saying he will block it but I think Japan will keep coming hard at it. If the deal goes through, which I think it will, then take the profits and roll into NUE? If deal doesn't go through, they are threatening of closing mills. Hedge with NUE if that happens, which is also in a target price area for me.

Spoony Love said:

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I would like the board's thought on X - US Steel? I know there is a bid to buy from Nippon at about $55/share and today it is closed at $30 and some change. Biden is saying he will block it but I think Japan will keep coming hard at it. If the deal goes through, which I think it will, then take the profits and roll into NUE? If deal doesn't go through, they are threatening of closing mills. Hedge with NUE if that happens, which is also in a target price area for me.

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Oooooh! Now THAT's a good topic. My thoughts are more at the strategic/political level, so it probably deserves a new thread. Long and short of it as a stock trade, I am sad to say it hardly matters -- a once great American icon of business, now reduced to scrapping for its' life. As a free-marketer, I say let the deal go through, but if it gets rejected by the gov (as I think it will), I wouldn't touch it with a 10-foot pole.

Spoony Love said:

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I would like the board's thought on X - US Steel? I know there is a bid to buy from Nippon at about $55/share and today it is closed at $30 and some change. Biden is saying he will block it but I think Japan will keep coming hard at it. If the deal goes through, which I think it will, then take the profits and roll into NUE? If deal doesn't go through, they are threatening of closing mills. Hedge with NUE if that happens, which is also in a target price area for me.

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I am staying far away from steel. Way too many headwinds.