good luck

Anybody know of any good dividend stocks to look into?

@commonplebe - IN if yield is your focus and you do not care much about capital appreciation i'd look into preferred stock. some quality issues will yield ~6-7%. very few (if any) common equity dividend stocks will yield that. and if they do i'd be highly suspect

I’m thinking more about long term while on a smaller budget right now.

@commonplebe - IN my suggetion is to check out https://seekingalpha.com/dividends

look at VZ, T

there are some utility stocks that have high yields

same with REITs and BDC (business development companies) as well

MLPs too

Thanks. That gives me a good place to start for research.

NVDA heck yeah

Up 11 points today

I've been reading about Nvidia recently when considering a GPU purchase. They seem to be killing it. They even said recently "we're in no rush to launch the next generation of consumer level products, we are already so far beyond our competition, our marketshare has no risk"

That's a bizarre statement to make lol

Is this the news that sent it up 11%?
"Nvidia GeForce EULA change prevents data centers from using consumer GPUs"

"NVIDIA EULA Update Forbids GeForce GPUs In Data Centers To Protect Fat Margins"

Hmm not sure if that's it, but could be. Their main competition, AMD, is also up today.

Looks like their consumer level products have lower margins than their commerical level and they're forcing commercial customers to use the commercial level and the customers just shut up and take it because Nvidia is so far ahead of the competition.

Oh that explains a lot @Tanner - SC

https://www.investors.com/news/technology/why-you-should-watch-nvidia-intel-other-chip-stocks-wednesday/

>Strong November chip sales figures from the Semiconductor Industry Association were a catalyst for Tuesday's gains.

>Nvidia, which has boomed as its chips have expanded from PC gaming to autonomous driving and artificial intelligence

do you think GPUs being used for mining crypto is still giving them a boost?

I've seen some emerging coins that use non-GPU mining systems but nothing that would affect current application too dramatically, if it's impact on sales isn't negligable

but I do recall a pretty big spike in demand and price not too far back

Yes. AMD getting more of a boost from crypto mining than Nvidia due to their hardware architecture being better suited for it, but Nvidia getting a boost too

I see

@ThisIsChris nice call on NVDA. Are you selling or holding the options you currently own?

@Zyzz good question! Now I'm not sure since this is a lot more movement faster than I was expecting, but I will probably sell, maybe roll out or buy back in closer to earnings, not sure yet

@Zyzz I just rolled them out to 220 strike for a credit

Whenever my limit order goes through immediately I wonder if I should have asked more lol

@here just a generic and friendly reminder to not risk money you can't lose. Also that no one here has a crystal ball and unforseen risks can arise.

@Why Tea How do you insulate your investments from crashes?

Well you can't entirely insulate, but you can reduce the risk by diversifying across asset classes that are loosely coupled / correlated with each other.

A bad year in the housing market or for commercial rents isn't tied to a bad year for long term bonds, and isn't connected directly with returns on non-cyclical industries, etc.

"Own lots of different stuff."

I can write/copypasta more about it later and I'm sure our professionals have excellent input to provide.

I'm not a pro just an amateur byt one thing comes to mind about one particular sector: you can protect stock investments with "protective puts" which are just puts on stock you currently own.

We could definitely benefit from someone giving an overview on options and strategies like covered calls and protective puts.

I saw that in here earlier. I've used covered calls with success on some big, slow moving, high-dividend blue chips, etc.

Oh yeah I like covered calls, for that

Here's a nice slideshow from investopedia with 10 common option strategies, I think it's good and concise if you already know what an option is. https://www.investopedia.com/slide-show/options-strategies/

@ThisIsChris Congrats on the awesome NVDA play and thanks for sharing! I've been busy with the kids, but I would have totally jumped on that too.

@Belzec if you still want a rundown on covered calls LMK.

@ThisIsChris @Deleted User https://www.fool.com/investing/2018/01/07/how-nvidia-is-poised-to-profit-from-intels-chip-se.aspx

https://www.zerohedge.com/news/2018-01-08/credit-card-debt-hits-all-time-high-consumers-unleash-historic-shopping-spree

Oh yeah, the recession is coming. We are nearing peak euphoria.

It may be, but ZH is a pretty doomsayer-y site.

https://www.youtube.com/watch?v=p5Ac7ap_MAY This shows some striking examples of how bubbles can be artificially created and deliberately popped, while also alluding to benefits of economic fascism or at least "productive lending."

@Deleted User @Zyzz I sold my NVDA calls yesterday because NVDA covered all the gap I felt I could reasonably expect in the time window I was looking at and I was losing time value. Now I'm thinking of repositioning myself, NVDA has had nothing but good news lately and its competitors are falling behind, yet I don't think some recent news will be reflected in the next earnings report so I'm looking for a new position. I'm expecting trickling upward movements the rest of the month, which are making me think of buying some vertical spreads, but I'm not sure which ones yet. I'm thinking really near term, like this week or next week expiry, though I'm not sure if I want ATM, OTM, or ITM, that would probably depend on expiry date. Nearer term would make me lean towards ITM vertical call spread, longer term makes me think more OTM vertical call spread. Thoughts and opinions?

Hmm, I'm still looking at different expiries. The gorilla in the room is that earnings report is coming out 2/8. One thing I've noticed is that just before earnings the near-expiry spreads tend to approach 50% of their max possible payouts, which theoretically makes sense, and deviations from that reflect market expectations of going up or down. That makes me think the right move may be to look at the 2/9 spreads that are trading < 50% their max payouts, such as the 225/227.5 vertical call spread, which is currently trading around 1.10 and by this theory would approach 1.25 by 2/8.

Let me know if you guys have thoughts. I'm starting to realize I have no theses I feel strongly about on NVDA anymore, so I will probably idle a while until something catches my eye again

@ThisIsChris I’ll get back to you later today

@Zyzz thanks. I keep checking the options chains. Sometimes things look like good opportunities, but then I start overthinking them and step back

@ThisIsChris the only time I play options is when I have high conviction. Otherwise I don’t. I think you may have answered your own question in the last message. Also, I am unfamiliar with the spread strategy so I’m not too qualified to comment.

Also what do you think would cause the stock to go up from where it’s at currently? It seems like the market has made a big move and you have made money. Why not take your profit and move on?

@Zyzz yeah you're right. I still have some mild opinions which is why I have been reluctant to look away, but I agree it's probably a better habit for me to look elsewhere. I've done a lot of research on it comparing with it's competitors AMD and Intel and it has in my opinion good fundamentals, but I don't have any reason to expect sharp increases this quarter, thanks for second opinion.
As for vertical spreads and such, I love talking and thinking about these type of things, I should write something about it sometime. A vertical call spread is buying at a low strike and selling at a higher strike, with the same expiry. It's kind of like a covered call in that it's a limited payoff strategy. For high volatility stocks, at the money spreads are approximately like European binary options. For low volatility stocks they are more like leveraged covered calls.

If the market finishes the day up I believe it will be 9/10 trading days the market has gone up

Of the last trading days *

@Zyzz looks like we're gonna make it

I’m up 7% in my SSO position which is WAYYY more than what I was expecting at this point in time. I am thinking if it keeps ripping like this I will lighten up on my position if it gets to the point where I am up 10%

I am also thinking of completely selling out by May along the old adage “sell in May and go away”

@Zyzz SSO position?

@ThisIsChris yeah thats the 2x S&P index fund i posted about at the end of Dec.

ohh right. Good job man, you were right you called it!

https://seekingalpha.com/article/4137355-fall-usd-just-start-multiyear-downtrend-start-multiyear-uptrend-commodities

^that is an interesting article. Energy stocks have not done well since oil fell in 2014/2015 i believe

the pitch is essentially a swing back to commodities based on dollar weakness

to anyone who may not be aware, commodities are denominated in dollars. All else equal, if the dollar weakens, commodities increase in price

i am assuming they are betting the dollar to weaken on the following: 1) larger debt/deficit and 2) higher expected inflation

@Zyzz That's interesting. I traded stocks and options a lot on USO from early January to early July in 2015. It is an ETF that trades OIL futures.

https://www.kreditopferhilfe.net/docs/S_and_P__Repeat_After_Me_8_14_13.pdf
Paper by Standard and Poor’s about QE and Bank Reserves I found interesting. Academic, not investment advice

OMG the blood across the board. Oh the humanity!

Does anyone have a good review sheet for the Series 66? :)

@SamanthaM no I don't but are you taking it? That would be very cool, my dad wound up taking it, it wasn't his job but trading has always been a passion of his

Anyone here have thoughts on XLK vs SPY?? Right now I have SPY buy I'm thinking of selling it all and getting XLK instead. They move pretty similar except XLK goes up more

@Zyzz ^^

@ThisIsChris I dont have a firm convictions on Tech one way or the other. Generally speaking it is a good sector to get into as I think productivity gains in the economy (something we really havent had much of since pre-recession) are long overdue and lower amounts of immigrants (esp. in low skill occupations) will drive that. Sectors I think will do well are financials, industrials, and energy amongst others

@ThisIsChris I'm taking it on Friday. Feeling ok about it because it's mainly the same info as the 7. Stuck on requirements for registration and termination. Was your father a day trader?

@SamanthaM No, and now that I think of it he may have just taken the 7, I don't remember. It was something he did about 15 years ago just because he's been passionate about the stock market, but he was a school teacher. Idk if it's weird to not be a professional trader and be active in the stock market, but I remember sitting on his knee as a kid and he'd show me the charts and stuff on Ameritrade or something at the time. Ameritrade, TD, not sure now

He's actually retired now and does a little currency trading for a few hours in the morning

@Zyzz >I dont have a firm convictions on Tech one way or the other. Generally speaking it is a good sector to get into as I think productivity gains in the economy are long overdue and lower amounts of immigrants

Also, tech is the least regulated sector by far.

The equity market P/E ratio keeps climbing higher and higher

NVDA hit 230 today. I was reading a bunch of analyst reports on NVDA, the highest prediction I read was 230. I'll have to go back and see if the reasoning looked sound or if it was just dumb luck

@here just a generic and friendly reminder to not risk money you can't lose. Also that no one here has a crystal ball and unforseen risks can arise.

What banks don't echo?

lehman brothers used to be known as the catholic investment bank

Wells Fargo looks safe

@Zyzz are you sure you aren’t talking about Merrill Lynch

@Rogue#0890 join a credit union that’s part of the co-op network

@Rogue#0890

@Deleted User I could be mistaken but I do believe it was Lehman

I do all of my banking online with Fidelity Investments.

Their debit card waives all ATM fees

And I use AmEx BlueBird if I ever need to do cash deposit (rarely)

Fidelity was founded by Edward Johnson and still maintained by the family.

https://youtu.be/PUu3IH_tvt0

Amazon's Intrinsic Value https://seekingalpha.com/article/4138353?source=ansh $AMZN

@Deleted User Could you explain the pros and cons of a Credit Union over a bank?