NVDA, AMD, CLF (not exactly a blue chip but pretty volatile). Can't think of anymore blue-chips with that high of beta

It may go up. But probably not. CLF was part of meme squeeze and low interest market. Wait a few years and you good!

Steel market needs the car market to come around. Interest rates are still gonna be suck for a while so I'm not expecting anything yuge on the steel side barring a technical squeeze.

Full disclosure: I've been holding $CLF since $3.5 or so. Not loving this one-year additional delay on my fat divvies, but patience is a virtue.

I'm averaged in at 15 but holding until 30.

Here's why the steel market will stay strong even in a recession. Supply positives: Ukraine and Russia were both top 20 steel producing countries, neither will be supplying the market for a long time. Demand positives: the stimulus bills were passed a long time ago but the infrastructure spending will take years to filter through. My state hadn't spent a dollar on roads for 30 years, now they've got some much to spend, they had to stop bidding out jobs because none of the contractors could take out extra work. Plus, all of Europe is going to be re-arming after 30 years of peace. Can't use 3rd world pig iron in tanks/fighter jets.

As far as the company itself, every steel company ever was overleveraged. CLF spent the last 2 years paying off debt. Everyone is pointing to spot prices falling as the reason to bail but so much of CLF's produciton is under contract that they keep RAISING spot prices because they have so little to sell.

Cherry on top: 8% of TOTAL shares (not float) are sold short. Assuming they don't shit the bed on earnings, we should get a sharp move to 30.

Hope CLF doesn’t shit the bed

I suggest you check out Gerdau S.A. (GGB). The Brazilian steel maker has been paying out variable dividends over the last year equal to 19.8% annually. Now the dividends are usually paid quarterly and every dividend is variable based on their quarterly results so past dividend yields are not guaranteed in the future.

You need to do your own DD, however my thought is Gerdau provides products to both the North American and South American markets. This is important as I am more bullish on the South American markets than the North American markets in the near future. If there is a steel product, they manufacture it. And I will take the risk on a foreign stock that pays out a substantial portion of it's profits via dividends rather than stock buybacks. My position has increased over 19% via dividend reimbursements alone since early 2020 when I opened the position. I am lazy tonight so I am copy & pasting their steel products from their Yahoo finance summary.

$GGB provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. The company also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products.

Investing in foreign markets is riskier than just buying $X or $CLF, however due to potential foreign government intervention, however the upside is also much higher IMHO.

Ban Bet Created: /u/Calele17 bet CLF goes from 21.29 to 22.0 before 02-Feb-2023 04:59 PM EST

Their record is 1 wins and 2 losses.

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!banbet CLF 22 1w

Calls on CLF - We're sending TANKS overseas.

1. AAPL is overvalued and will soon drop in price.
2. ALLO is a scam company and I would never invest in them.
3. CLF is a good company, but their stock price is too high right now.

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If CLF falls to $18.49 before Friday, I will do some Catholic shit.

if CLF could just fall to like $18.49 before Friday I would do some Catholic shit, I swears to Gawhd

CLF/MT

Clf has had a nice run the past month. It was popular here for awhile wasnt it?

#Ban Bet Lost

/u/Calele17 made a bet that CLF would go to 22.0 within 1 week when it was 19.94 and it did not, so they were banned for a week.

Their record is now 1 wins and 2 losses

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What are your thoughts on CLF?

Well, the S&P 500 is under 3900, it's time for me to start buying.

I added to $TWI. If Deere & Co is going to run I might as well buy the small cap company making their wheels & tires.

I added $AG. Silver.

I am debating between opening a position in Owens Corning $OC, Louisiana-Pacific $LPX, or just adding to $CLF.

They are both good companies, but I own $CLF over $X since Cliff also owns 5 iron ore mines in Minnesota and Michigan instead of just solely being a steel producer.

Do you like X or CLF more?

$CLF today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $800 per net ton.

Another price increase for Cleveland-Cliff which has quietly become one of my top performing stocks in my port.

It depends on how I feel about the underlying. If I feel there is room to go up, I hang on.

I have an xom leaps with a break even of $97. I'm bullish on xom and oil, so I'm holding onto that one.

Just sold a ge leaps that went non standard after the gehc spinoff. $2k profit on that one. I almost regret selling it and wonder I'd I shoulda held on?

I also have some rig leaps that are up over 100%. I'm hanging on to them also because I'm bullish on the underlying and oil.

I have some clf leaps that I'll be holding onto. Again bullish on the underlying and steel.

So I have no generic plan for leaps as a whole. Hope this helps and gl on whatever you decide.

Lots answering index funds, bonds ect. The easy steady stuff. I completely agree.

I also have a day trading account.

I found that I make the most consistent profit when I choose a solid stock that I know and trust and sell covered calls.

I currently am waiting to buy 1000 shares of CLF and then will be selling 10, $25 or $30 19 Jan 2024. This will guarantee about 15% profit and more if I get called away next year. If it ends OTM, I sell more covered calls. If I get called away and am forced to sell, cool, more profit. Then I sell cash secured puts on that or another stock until I'm assigned. Rinse and repeat.

TLDR: I run the wheel on stocks I trust and make a minimum of 15% a year.

Women’s education and career growth easily explains reduced and delayed births, but it does not explain no births very well.

Why? This is a backwards way of looking at education, careers, etc. People seek work as a means to an end. Work demands an education today, so people go get an education. Only the truly ambitious would put life goals off to get ahead. You’re basically arguing that women will choose the possibility of promotion or income growth over the birth of a child. That may be possible, but I strongly doubt it.

However, what if parents don’t have the money to take off work for maternity/paternity leave? That may explain a great deal, and it incorporates your data. After all, if women have careers now that are necessary to bring income in, then it stands to reason the couple can’t afford ~6 months of her or him not working.

Great question, the main reason is I’m reasonably hopeful about ASTS and doubled my position when it reached its ATL a month or so ago. However, I’m also married and the totality of the funds represents a significant fraction of our combined assets and really is not to be played with overmuch. So, the juxtaposition is a bit odd I’ll admit.

That said, I’d categorize IJT, INDA, CLF, SCCO, TQQQ, and BAM as growth plays.

26% ASTS 14% VOO 9% VTSAX 7% ASTSW 6% IJT 6% BX 5% VBTLX 2% INDA 2% BRK.B 2% IWN <2% MSFT, BLK, TQQQ, V, CLF each 1% C, RTX, AXP, SCCO, BAM <1% PBR.A Negligible: HOG

Thoughts?

NUE steel same as CLF

To the guy that said I didn’t have the balls to buy those 110$ puts on Tesla you were right. I’d of been down like 90% . Instead I’m down 100% on CLF puts

Options chain is stacked 1/13 and 1/20. It’s a gamma squeeze.

spotgamma shared this in relation to TSLA(3 min vid) but it could be why we’re seeing all these heavily shorted shitcos pop. Cvna, amc, bbby, clf to an extent but commodities are ripping lately. CLVSQ (formerly CLVS) up 200%.

With bbby, if you know that a portion of retail is going to “diamond hand” and lock up some of the float, you have an edge there.

Clf

Ban Bet Created: /u/Calele17 bet CLF goes from 19.94 to 22.0 before 21-Jan-2023 09:31 AM EST

Their record is 1 wins and 1 losses.

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!banbet CLF 22 9d

!bannet CLF 22 1w

#Ban Bet Won

/u/Calele17 made a bet that CLF would go to 20.0 within 1 week when it was 18.61 and it did, congrats fucker.

Their record is now 1 wins and 1 losses

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The news is Carlos Correa was ♫ Looking California, and feeling Minnesota♪

I am going to take this as being long $CLF and short $AMZN. Even baseball players are finding more money in Minnesota than Silicon Valley California : P

Holding CLF puts somebody call the doctor. I’m about to have a stroke.

CLF

Got puts on CLF up 20% not good enough

CLF would rally after I sell it

Any thoughts on clf? Suspect it’s undervalued

Ban Bet Created: /u/Calele17 bet CLF goes from 18.61 to 20.0 before 15-Jan-2023 03:18 PM EST

Their record is 0 wins and 1 losses.

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!banbet CLF 20 1w

That's why you need to diversify into the commodity stocks. As I mentioned above I like $GOLD, $CLF, $FCX, and $MOS over the $XLE stocks right now at current valuations.

Anytime you are looking at any commodity stock/company, whether it is Crude Oil, Coal, or Gold; price matters more than volume. The price of the commodity the company drills/mines/produces will move the stock and company's profitability higher than the quantity of the commodity drilled/mined/or produced.

$FCX makes way more money on the price of copper being up by 10% than their mining production being up 10%. Just look at all the $XLE stocks the last 2 years. Exxon didn't increase it's market cap by increasing production. It was the increase in the price of crude oil.

Now I agree with you on the stocks P/E's looking low after the stocks are coming off ATH's in quarterly/yearly earnings. But you have to look beyond 1-3 years. Where is a company like $IPI or $AG, or $VALE trading at compared to 2, 5, or 10 years ago? Some of these stocks are trading at levels lower than 2017 when the commodity in question was trading at 50% discount to today's commodity futures price.

The $XLE stocks made me a lot of money in 2020-2022. Especially $PSX and $HAL. However they seem expensive to me relative to the current price of oil.

I sold completely out of all my $XLE stocks except $KMI which is a dividend hold and put all that cash into $GDX stocks in October and November.

I agree with you that the price of oil should move higher; but I am looking at other commodities stocks that are trading at a cheaper valuation than the oil stocks right now. I like/own $GOLD, $MOS, $CLF, and $FXC at these prices better than $XOM or $CVX.

Weekly $17 put on CLF. Thank me later.

CLF going on a run 🏃‍♂️

Shorts are bailing out of CLF. $25/sh incoming.

CLF break out and retest

My first trade, I lost $5 betting on CLF. Figured I didn't know what I was doing and needed to school my dumb ass. Been trying to build up my small account since then

BanBet CLF $16.30 1d

I think 2023 maybe the year that investors finally start to do the opposite of 2022. Instead of BTD on stocks that are continuously falling, they maybe considering buying stocks that are showing relative strength and moving higher in this market.

If I go back 3 months, $CLF, $VZ, $KMI and $GOLD are the 4 large stock positions that I own that are trading higher than they were 3 months ago. All but $VZ are close to flat over the last 6 months. I plan on adding to all 4 of those positions tomorrow.

The crazy thing is if I look back at the S&P over the last 3 months, it is also basically flat despite all the doom & gloom in here recently.

Cleveland Cliff CLF up7%

Morning broski, calls on CLF

My stocks by market cap are pretty similar with the exception of Paypal which is a small position I just added today and $VZ for the dividend.

$100B plus - $VZ

$30B - $80B market cap. $PYPL, $VALE, $PBR

$2B-$30B - $KMI, $GOLD, $LNT, $GGB, $CLF, and $MOS.

$300M - $2B market cap - $FSM, $WNC, $TWI, $IPI, $GT, $LEVI

I have a few other positions but they are all under $2k and I haven't decided if I want to add on or not. I need to just open a position in a small cap fund like $AVDV and $AVUV. That is my plan for 2023. 50% into small cap funds and 50% into individual stocks.

It does help me to break my stocks down by market cap to determine if I think they are cheap or not. Do I consider Paypal cheap when it's market cap is larger than Barrick Gold, Mosaic, and Cleveland Cliffs combined? Not necessarily when those 3 other stocks combined earnings are 5x that of Paypal in 2022.

You maybe right. I am just diversifying. I opened a position in $PYPL with the $400 gains I made selling out of a junior silver miner yesterday. I am open to the possibility that Paypal could fall another 50% to get closer to it's spinoff price from the $EBAY split.

I will prolly buy $CLF, $VZ, and $TWI next which are undervalued IMHO.

Against my better judgement I just bought 2 stocks that are falling knives right now. I opened a position in $PYPL and bought 5 shares. I also added another 10 shares to $IPI. Yeah, the fertilizer bubble has popped and so has the fintech bubble.

I am not expecting either of these 2 stocks to move higher anytime soon. These are purchases for 2024 and beyond.

I am looking at maybe opening a position in $MU and $TWI as well as adding to $CLF and $VZ. I do not want to buy stocks all in 1 sector.

Is there a reason for the vol on 23c 7/21 on CLF

Still got puts and calls on CLF. Long puts and. Short calls

https://preview.redd.it/6qhoc60gph8a1.png?width=1284&format=png&auto=webp&s=300f38ed1d151aaf8fd4f2e335247f71f0b84e6f

Looking for a CLF breakout today

Plays: long puts on CLF, and IBM!

CLF looking to breakout 👀

CLF is doing something today. I'd be impressed if they weren't at less than half their year high

I bought a call on nvidia when it was 6% down. Bastard kept falling and I gave up. Made most of it up on pits on Netflix and meta and clf

Where are my CLF boys at?

Alright 33% on CLF puts gained, out of settled funds for the day. Now I just need Anthony Noto to buy another half a mil shares and I’ll be ok…

Sometimes a CEO and company execs earn their pay. Cleveland-Cliff just announced that they expect from its direct carbon steel automotive customers an average selling price of approximately $1,400 per net ton in 2023, compared to an expected full-year 2022 price of approximately $1,300 per net ton.

Way to go to get those contracts signed and prices locked in with your customers in a volatile commodity market.

$CLF shares are up 9% in the early market.

>Cleveland-Cliffs Achieves Price Increases on Fixed-Price Contracts for 2023 $CLF

^*Walter ^Bloomberg ^@DeItaone ^at ^2022-12-22 ^07:00:24 ^EST-0500

$NOK and $CLF are the only 2 meme stocks from that era that may print. It's a bit of a longshot but possible. The rest were like investing in phonebook companies and drive thru movie theatres instead of Google because as a child I bought videogames from brink & mortar stores at 14 with mom's money. And now big daddy gov't is giving me free stimi's.

#Ban Bet Lost

/u/Hythanz made a bet that CLF would go to 18.0 within 2 weeks when it was 16.29 and it did not, so they were banned for a week.

Their record is now 2 wins and 6 losses

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CLF is nice one!

I like CLF.. a great value play

I’m holding TGT, GOOGL, CLF until Q2 2024

Ride or die baby

Agree with your general outlook. I'd suggest creating a bond ladder using short term treasuries (<6months) rather than using a money market - you will get much better rates, and if you really want to exit you can do it with minimal downside.

Also, I think there is a decent chance high quality long duration corporate bonds will outperform equities in 2023, though you might want to wait for a bit for yields to go back up a bit.

Finally - if you really think the market is gonna swing up and most of your $$ is in safe assets, I'd probably try to buy even lower quality stocks. If your view is that QQQ or AAPL is gonna go up 10%, BYND or SNAP will probably go up by 20%. Same for SPY and F or CLF.

how's LMT doing, CLF is mooning

Covered calls exp. June baby - TGT, CLF, GOOGL back half of ‘23 will roar

Looking for commentary from the more seasoned folks of this subreddit for any readjustments to the portfolio going into 2023.

Have a whole assorted alphabet soup of stocks from investing since 2017. Looking for clarity on which positions to get rid of/consolidate or where I should be focusing on instead.

My portfolio:

AAPL 14.36%

AMC 0.19%

AMD 6.94%

AMZN 5.67%

APPH 0.06%

ASTS 0.59%

BA 2.74%

BABA 1.12%

BAC 1.21%

BB 1.74%

CLF 0.99%

CLNE 0.52%

CLOV 0.04%

COIN 0.35%

CRNC 0.31%

CRSR 1.51%

DAL 2.71%

DIS 3.25%

DKNG 0.78%

ERVI 1.28%

INFY 1.04%

IRNT 0.01%

JETS 1.03%

JFBR 0.58%

JPM 3.17%

LUV 0.41%

MGM 1.41%

MSFT 19.4%

MU 3.31%

NET 3.14%

NIO 0.82%

NOK 0.76%

PLTR 1.15%

PYPL 2.60%

RCL 1.68%

RKLB 0.53%

RTX 2.52%

SOFI 0.80%

SPYG 0.35%

TMC 0.02%

TSLA 5.96%

VOO 1.43%

VTI 0.43%

WISH 0.07%

WKHS 0.03%

$EXEL, $CLF

Ban Bet Created: /u/Hythanz bet CLF goes from 16.29 to 18.0 before 21-Dec-2022 10:38 AM EST

Their record is 2 wins and 5 losses.

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!banbet CLF 18 2w

You should be buying $CLF and $GOLD. Both are non wsb stocks and both are above their 20 & 50 DMA's. I invert this place and my port is green for the year.

Adding to $CLF. I was noticing how $CLF went from a $2 stock in 2002 to a $100 stock in 2008 and 2011. If the money starts moving into the same sectors as it has in the past with rising interest rates than even half of that is a 3x from $CLF current price.

There are no guarantees in life, but I like to follow cycles. The low for $CLF in 2009 was $11 between it's 2 bull market tops. In 2020 the low was $3. The high was $33 in 2022.

Money is moving from the new economy (Nasdaq) to the old economy (Dow) type stocks. Higher interest rates for longer will do that. Money is going to flow to companies that can show earnings growth in this environment and their stocks may get a nice premium.

Nice recovery green day so far. $HAL up, $CLF up, $MOS up, $GOLD up. Who knew you could make money in stocks if you just avoid tech stocks?

Gotta be careful with TX. Most US steel is contracted so get significantly better then spot. TX made way more money last winter then American steel but will get smashed by low prices in this down turn. Also management is not investor friendly. r/vitards is big on OG steel and ‘eff Pablo’ is a meme there. As Pablo has screwed their earnings a few times on the call.

TX trades at a massive discount to better companies(CLF NUE and STLD) because of this.

If you want non-US assets, BNS has all the safety of a Canadian bank but huge exposure to LATAM and Caribbean. Because they’re a Canadian bank they will not lose money, but have lots of upside based on their international operations.

I added to $GOLD, $MOS, $IPI, and $CLF. Stagflation, here we go. I do expect a bounce in the DXY and these stocks may pull back short term. But over the next 3-6 months they should all outperform the market.

Coke and UNH and CLF and JNJ ? Shit like that? I don’t know.

Gold & miners are 1/4 of my port. 1/4 in Oil & Gas stocks; 1/4 in commodity stocks like $FCX, $GGB, $CLF, and $MOS. 1/4 in manufacturing such as $DE, $TWI, $TITN, and $GT and the ilk.

I believe we will see a less global economy due to countries & economies becoming less reliant on cheap energy from Russia and cheap goods from China. This will create cost-push inflation vs the demand-pull inflation that everyone is betting on.

EM markets will do well. Especially Brazil. The EU may outperform the US after the war ends due to their more manufacturing economy vs the US tech heavy economy.

I maybe wrong, but this is where I see the highest reward and the lowest risk for the next 3-5 years. We have had 30 plus years of deflationary tailwinds due to a global economy. The last 2 years signal to me that peak globalization is now over. That is not good for tech stocks that are overly reliant on cheap microchips and components from China.

CLF @ 2.54$ a share.

CLF upping prices maybe that was it

$CLF has announced yet again they are raising the prices of all products by $60 per ton. Stock is down on this news.

If apple announced a $1 price increase of all iPhones their stock would be up 50%

GUYs CLF is overvalued..... checks P/E........... <4......... kek op is a dummy

I mean you’d have to get into company specific details also.

Like for example, even though HRC prices have fallen from their high. During that extremely profitable period, what did the company do with the extra cash flow to change their future cash flow/valuation even with a lower HRC? Also, while HRC may be falling, will input costs also fall and therefore profit margin will remain semi stable? Will consumption actually go up as prices fall? If margins can remain stable and consumption goes up thanks to lower HRC, do net profits actually improve?

Like it’s so much more than just plotting HRC against stock price.

I know CLF for example was working hard to pay down debt. With debt gone, what does their bottom line look like with lower HRC? Also, most of CLF is contracts, so prices may be down today but CLF may still be getting higher contract rates.

I would say profitability and volume would be more important than pure HRC prices. But I’m just a regard with no positions. Though I do like to keep an eye on CLF as I think the CEO has done an amazing job.

I have June 120p on NUE, but CLF, X, STLD - just about any steel producer will work.

Why is CLF on a damn ROCKET

Any puts on CLF and IBM? What are you thoughts ?

$CLF is big pimping today (spending cheese)

CLF

GM. F. LCID. FSR. As a car person who follows the industry, everything will be an EV eventually. SEMA show was full of EVs this year. I also am long CLF, they provide steel to make said car's. CLOV because it's an inexpensive Health Care Stock that may or may not pan out (1% position size). HTZ another long, because it's literally a global rental behemoth and the EV renting should be profitable because of reduced maintenance with EV vehicles. Lucky for me I index though a 401k, buy physical gold and silver. So if something doesn't work out. I won't be too devastated. Also have some LPG, DHT and bag holder on some ZIM

TGT and CLF / in the long run I mean 13 more months. Possibly CHPT

As of 11:58 EST one could buy 100 AMC sell the 11/25/22 $7.50 call for $45. AMC at 7.30 RN. Then buy 100 CLF and sell the 11/25/22 $15 call for $47. CLF at $14.90. $2200 capital out lay for what could be about $130 profit including price difference of shares purchase price and premium received. So roughly 6% profit in 8 days time.

Long on $CLF. Lots of free cash on hand.

I have BABA calls, CLF puts, sold SPY calls, Pep puts, VLO puts. I've never in my life had all positions green over the weekend