Any reason $GGB(Gerdau SA) is down over 2%?
>Many US companies are still struggling to attract and retain workers due to persistent labor shortages, per Bloomberg.
What could it be? Excess deaths as the covid cover up continues.
Where is the labor supply? What a mystery...
Perhaps we can have child labor like iowa.
>At 4am, Republicans in the Iowa Senate passed a bill allowing 14-year-olds to work nightshifts, 15-year-olds to work assembly lines, and 16-year-olds to serve alcohol.
>They’re trying to use child labor to fix their labor shortage.
This is a clown show cluster fuck. And it's all about to burn the fuck down. 🔥🔥🔥
the fuck is GGB
So... should I sell some shares of $TSLA to then use all those available funds to buy $SOFI, or possibly even $GGB???
Ok and? People have killed themselves jumping off the ggb. Doesn't make the bridge a failure.
I just looked, I don't think I got the cash dividend for 3/23. I was thinking the cash dividend for $GGB was for today. I did get 1 share for every 20 in the dividend split.
Let me know what you get for a dividend after close today/tomorrow. $GGB has been a dividend beast.
Today I got dividends from Gerdau (GGB) but rather than cash, I got paid in stocks it seems. Is there any reason that Gerdau pays in stocks. Last time I got the dividend (in December), it was simply the cash.
My advice is suspect. I was right on buying the $XLE stocks and the Ag stocks in 2020, but wrong on going heavy into Barrick thinking Gold would outperform with high inflation. $FCX has way outperformed $GOLD.
I tend to buy stocks in industries I understand. I understand how agriculture works. So when I see food prices rising, I look at the commodity prices for wheat and corn. And ask myself where would I spend my profits if I was a farmer? I am big into $MOS and $IPI but I have been buying more $TWI and $CNHI stock recently.
If I was looking to buy coal, I would buy $SXC over $BTU. Suncoke mines the coal to make the coke used to make steel. But again u/AP9384629344432 is more into copper and coal than I am. I tend to be more bullish on iron ore and gold. My reasoning is that the electrification of everything is unattainable. Solar is great in California but a piss poor energy source in Germany. So I believe the future demand for copper & silver to make solar panels everywhere won't happen. We will have a diversified renewable energy that is different based on every countries geography. But that means crude oil & natty gas will be used to build the new energy infrastructure.
I am looking for opinions to prove me wrong. I do need to diversify a bit. $KMI, $GOLD, $MOS, $IPI, and $GGB/$CLF are my 5 biggest holdings and I am way way too much commodity heavy in my port.
I'm not sure what to make of this market. However payday was yesterday so I am making my planned bi-monthly stocks purchases. When the market seems expensive to me I prefer to buy dividend stocks.
I'm adding to Kinder Morgan $KMI and Gerdau $GGB (Steel). I'm not as optimistic here as many that a soft landing is in the cards. So I am more bullish on high dividend infrastructure stocks. I am expecting increased government spending to try and stimulate this economy.
GGB and PBR considering buying some zim in the future but well see what happen to the company
I've owned GGB for many years
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.
I usually don't give my own tickers because most of my stocks are microcaps or small caps.
I can give you a midcap stock ticker. GGB is a Brazilian steel company that is highly rated by analysts, pays a > 12% APY dividend on a quarterly basis, and is more than 20% below its target price. However, there are a lot of moving parts to the steel industry right now because a global recession could lower steel demand while China reopening can raise steel demand. Also, when the Fed hikes rates, the dollar strengthens and foreign commodities drop, so if the Fed hikes a lot more there will be some downside. However, when the Fed stops hiking, commodities denominated in foreign currency will jump.
So basically, this is a stock with a possible 20% upside plus a 12% dividends over the next 12 months, and then possible currency move upside if the Fed stops hiking soon. However, you have to follow the steel market, the currency market, China reopening & possibility of recession to stay on top of its market in 2023, so that's a lot of work.
I'm looking to add to OHI first, LND also looks interesting to start a position but need to wait for funds and double check on the valuation. Have also looked at GGB and SID. QSR is a good one for dividends plus growth potential but I'd like to see valuation come down a bit. Finally, VGR is on my watchlist but as I'm overweight in tobacco I'm not totally sure about adding more. They're actually growing because they're in the growing discount segment.
1250 SID, 300 GGB, 109 KGHM, 600 LND, 89 FLXB (ETF).
Started October 2022, now standing at a 10.9% gain
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.
- Brazil is much more stable than the DRC. Although Bolsonaro supporters like to pretend otherwise, their faction has no real power and definitely doesn't have the numbers for a military coup.
- Lula will do lots of big government investments: infra, education, health, ... so there is a huge macro-economic potential
- Brazil does not suffer from the Ukraine war fallout. Commodities (VALE and SID) and base products like steel have become more expensive worldwide so the big steel companies like SID and GGB are making more money already. And because Brazil has no energy crisis, the cost base is much lower.
- has better relations with China so China is shifting its buying of soja to Brazil instead of the USA.
- ABEV is the largest beer producer in the world and has a track record of good investing. They need to reform though but it is a solid company
- VALE: I am not a fan because of the disaster they caused a few years ago but in the commodity boom, they will be a winner.
- PEBR: simply an example of a massive company with an in-demand product. Not much to say about that
- ITUB (I suppose ITAU): a bank, banks are more regulated in Brazil than in the USA so there is no risk of a bankruptcy.
I have been checking out LND. The average yield over the last 5 years has been 9.6% (slightly ratcheted up thanks to this year). Looks like a consistent payer but revenue is spotty as would be expected.
Not sure about SID and GGB. If we are headed into a global recession shares may not be as cheap as they seem. SID looks like a consistent dividend payer though even if this year was an outlier, GGB not so much.
LND looks like one I'd be ready to jump in on right now barring a tad bit of further research into its valuation. Agriculture should have a less elastic demand making returns more consistent. I would need to do a lot more research into steel and the current valuations before pulling the trigger on SID (more interested in SID thanks to consistent dividends, but analysts seem to prefer GGB).
Just my 2 cents, not an expert here.
I recently restarted my portfolio after moving out of the UK. I am bullish on Brazil as I see a massive infrastructure investment wave coming from the government. So I bought into SID and GGB, and now I am eyeing up Brasilagro, an agricultural company that I think will do well with rising food prices. I feel that the prices are very low now as the dividends of these stocks are 10% and in case of Brasilagro even close to 20%.
My only bad bet for now is an ETF that follows Brazil. I think that the share prices will start going up from January on though so I am not too worried about that ETF.
I'm not an expert on Brazilian stocks but do know a thing or two about the politics and economy. I own PBR and also have SID and GGB on my watchlist. Energias de Brasil is also an interesting one though I'm not sure there's an ADR. EDPFY is the parent company. Had also looked into CBD for a time.
Luckily $VALE headquarters is in Brazil. The foreign taxes are way lower than Canadian foreign taxes. I lose over 20% of every dividend from Barrick $GOLD to taxes. $VALE and $GGB foreign taxes are barely noticeable.
Ok, good points. I just own $VALE and $GGB. Great dividends. Iron Ore, Steel, and Copper : )
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.
The Brazilian Reel has done very well I have 2 Brazilian stocks in my port. $GGB and $VALE. I think it is far more likely that EM outperform the USA in the next 12 months. Especially in China abandons their Zero Covid policy which I believe they will be forced to for their economy and civil unrest. China does more trading with EM than the USA due to needing natural resources for production /manufacturing.
I just added to $IPI. I am of the belief that the market is going to soon price in stagflation which is stagnant growth and higher prices. The last time we had stagflation was the 70's and early 80's. The best performing assets then were 1) Gold, 2) Commodities.
My top 7 holdings are now $HAL, $GOLD, $IPI, $KMI, $MOS, $FSM, and $GGB. Halliburton has been my best performing stocks and Barrick has been the worse. Somehow my port is only down 10% for the year. Commodity stocks aren't for everyone; but there are other port holdings that can outperform the market. Some here are big into Financials, Energy, Industrials, and Consumer Staples which have also done well. Just a reminder, Tech stocks aren't the entire market.
I think great dividend companies tend to rise to the top. I give you props for putting the information out there in the first place.
OHI has been questionable for years. BTI has a superior balance sheet to VGR, why not just own BTI?
I generally stay away from restaurants. Even so I like others in the space better i.e. FCPT.
GGB the dividend is all over the road. Why when EPD has 24 years of consecutive dividend increases.
That’s just my take.
GGB is a China reopening play, I believe, as are other emerging market commodity producers.
Everybody loves $10 stocks. GGB $4.83. I made 40% this year. Buying again. Mining industry is not good for holding long term but great for trading and pays good dividends. PBR $14. Buy it under $12 and keep it for crazy dividends (47% yield!). Check KGC $3.64 and BTG $3.40 if you feel like researching gold mining companies.
I've bought $HAL, $MOS, $GGB, and $GOLD today. We can all roll our eyes on this insanity and suits crowing demand destruction. Or we can profit on this insanity. This is what happened in the 70's. Inflation should have lasted maybe 2 years. But those damn politicians extended it to over 10 years with their braindead policies trying to help.
Good idea. I will need my pirate chest to hold all the cash I am making from $HAL, $GGB, $MOS, and $CLF stocks as well. My port is up 3% for the day. How are my fellow techies doing today : P
The dollar is not done. But it is moving lower from 109 down to 100. I am just looking at charts. J-Pow is also very aware that a strong US dollar puts the entire world into a depression. So I am buying stocks that will outperform on a weaker dollar. I just bought more $GGB Brazilian Steel whose profits are in Reals. And also $IPI since fertilizer stocks are moving up with grain futures. Commodities are priced in US dollars. A weaker dollar gives a tight commodity market even more legs.
I could be wrong. But this is what I am seeing. Everyone is on the side of a strong US dollar. Usually that means a trade is developing against the dumb money.
Yep. I made 40% this year on GGB (Gerdau). Terrible stock to keep, great stock to trade. Besides that who doesn't like $5 stocks?
This post has been removed because it does not meet the subreddit submission guidelines (rule 1).
We're not doing posts about luxury products, expensive cars, etc. anymore because (a) they generally just provoke unproductive discussions and (b) most of the time, it is very clear whether the person asking is able to afford the item.
If you are considering buying an expensive car, the vehicles wiki has budgeting advice. We recommend reading it. If you don't meet 100% of the criteria, then no, you cannot afford it and you should not buy it.
In general, if you're not on step 6 in "How to handle $", you should find a less expensive alternative to a luxury product. If you are on step 6, then feel free to spend money on whatever is most important to you.
If you have questions about this removal, please message the moderators.
Last week I bought $GT, $GOLD, and $GGB. I like the letter G. Today I trimmed and sold some $MOS at open and sold out of $MO. I am less bullish on the letter M right now. I am debating buying more $GOLD today even after the 5% pop as no one is talking about Gold. I like to buy what people are bearish on and sell what people are bullish on.
I should have bought $X. I bought into $GGB instead even more than $CLF. Gerdau S.A. pays a divy like $VALE. Plus the Brazilian Real give. s me a hedge against the USD
Added to $GGB which bounced off it's 200 DMA on 2 yr charts. Added to $MOS which bounced off it's 50 DMA on 2 yr charts. Opened a position in $FCX and added to $IPI. Steel, Ag Fertilizer, and Copper. Too much smart money is shorting commodities right now.
If we have demand destruction I am screwed; however I am not seeing demand destruction at the gas pumps. The US durable goods May print today missed to upside of 0.7% act vs 0.1% increase exp.
I am only seeing/hearing demand destruction talk on CNBC & Reddit and not in the real world. The numbers don't lie.
Look at DMA's (daily moving averages). Most commodity stocks are still above their resistance levels. I don't know what stocks you own but there is a real supply/demand issue. The Fed & other central banks are trying to start a depression to lower demand with a shrinking supply. That's their only option. Just like their transitory inflation J-boning 1 yr ago.
The steel stocks I own like $CLF & $GGB are most vulnerable. As Steel is a finished product and not a commodity.
$MOS & $IPI will pick up like all agriculture stocks once food prices spike.
$FCX or $VALE will move up once China starts full time manufacturing.
$GOLD, $KGC, $FSM, $AG, etc are precious metal stocks, They move based on the US 10 Yr.
All oil stocks will rebound after another 10-20% drop.
Everyone quotes Warren Buffet saying be greedy when others are fearful. That's a bs quote from him. His best quote and I'm paraphrasing is the stock market is a transfer of wealth from those that are patient from those that are impatient.
That's why I have been buying mostly small caps and cheaper valuation commodity stocks. Both have been hit very hard this year but I am looking at the long term picture. The commodity stocks (minus Oil) like $CLF, $MOS, $GGB, $IPI, etc could end up being expensive if commodity prices fall off a cliff. So those are a gamble. However, there is still this nasty supply/demand problem.
But look at the Forward P/E's under 7 for $HOG and $GT just as 2 examples off the top of my head. They are priced as if no one is ever going to buy a motorcycle or tires ever again. And there are so many other small caps trading at the same low low forward valuations.
Sure if demand falls and the cost of inputs like Steel, Oil, Copper, etc keep rising those Forward P/E's could double, maybe in a worse case scenario. But then they would still be trading at a Forward P/E under 15. And the bull case is that these stocks could double and still be under priced.
History might show that I bought a whole bunch of value trap stocks at the top. But this market has completely mispriced growth from value that Coca-Cola is trading at a forward P/E 4x that of Harley-Davidson and Coca-Cola is even trading at a slightly higher valuation than Paypal and Apple for christ sakes.
End of Rant.
Most of the stocks I own pay dividends. $T, $KMI, $VZ, $PSX, $GOLD, $GGB, and $INTC are a few. The oil and Gold stocks are volatile thou and not for everyone that doesn't like volatility. AT&T has held up rather well if I add in the dividends I have received and subtract from the loses. Intel dividend yield is getting over 3%. Utilities are another good choice, but research your local utility providers as they are in regional markets.
GGB looks good but 32% insider isn't a good sign IMO. I recommend DELL + HPQ + QRVO all have better value than PYPL
PE, of 2.8 atm, doesnt really tell the whole story when earnings are forecast to decline from here. Revenue jumped from 40 to 80 in one year after staying around 40 for last five.
I bought $GGB with the rest of my cash in my account. Gerdau S.A., Brazilian Steel, with a forward P/E of 0.19 and 9.4% dividend. I need to wait for funds to clear tomorrow to do the rest of my stock buying for the month. I am thinking $KMI, $LNT, $T, and more $GGB & $MOS. All dividend stocks.
I might buy Paypal back as well so I can say I do own some tech stocks : )
GGB might go broke….
Gerdau SA is really a good one to look at
$GGB has done well for me. The Brazilian Real is the best performing currency in 2022. And Brazilian Steel is doing well
Try to view (in your broker like fidelity, schwab for actual dividend) VALE,GGB,SID PBR-A,SBLK and ZIM. Except VALE, GGB,SID, I have not bought any previously. Now, I do not have any stock.
Another selloff for $GT after another earnings beat. I added to $GT and $GGB this morning. These stocks are either going to be value traps or eventually rebound if they keep beating on earnings in future quarters. I might put too much into Forward P/E ratios, but when they get below 7, I see value as long as revenues don't decline.
I 2x my planned purchases in stocks for the month of May early this week. I started a bit early on Monday. I added to $MOS, $HAL, $GT, $WNC, $GGB, $KMI, and $GOLD. I am in team not peak inflation. Sold out of $LEVI, $CNHI, and $SHLX.
I am waiting until after earnings to add to $INTC and open a position in $PYPL. $UMC is a stock I am also considering adding too. Public sentiment is soo negative on semi's. As a commodity investor I consider semi/chips to be the new copper and long term holds.
I just added to $GGB (Brazilian Steel) to go along with adding to $MOS, $HAL, and $GOLD. $MOS forward P/E is 5.2. $GGB forward P/E is 0.16. This peak inflation story is way too early. These companies are printing cash and hiking dividends.
Low PE Growth Stocks: ZIM 1.4; DAC 1.6; BXC 2.2; AOSL 2.7; BNTX 3.2; HIMX 3.5; WIRE 4.0; ONEW 4.0; MATX 4.1; NBN 4.1; GGB 4.1; BCC 4.2; ESEA 4.2; SBLK 4.3; AMRK 4.4; STLD 4.6; THO 4.7; ELP 4.8; CG 4.9; GPI 4.9; AN 4.9; VSTO 4.9; GSL 5.1; HZO 5.3; ITIC 5.3; RM 5.4; USAK 5.5; ASO 5.5; CMC 5.8; NUE 5.8; BKE 6.0; ABG 6.1; EVR 6.3; PAG 6.5; ATKR 6.6; SAFM 6.6 KLIC 6.7;
Low PE Growth Stocks: ZIM 1.4; DAC 1.6; BXC 2.2; AOSL 2.7; BNTX 3.2; HIMX 3.5; WIRE 4.0; ONEW 4.0; MATX 4.1; NBN 4.1; GGB 4.1; BCC 4.2; ESEA 4.2; SBLK 4.3; AMRK 4.4; STLD 4.6; THO 4.7; ELP 4.8; CG 4.9; GPI 4.9; AN 4.9; VSTO 4.9; GSL 5.1; HZO 5.3; ITIC 5.3; RM 5.4; USAK 5.5; ASO 5.5; CMC 5.8; NUE 5.8; BKE 6.0; ABG 6.1; EVR 6.3; PAG 6.5; ATKR 6.6; SAFM 6.6 KLIC 6.7.
So Gerdau ($GGB) up or down? They are multinational with plants in US
Commodities have replaced bonds. If the US 10 yr is only paying 2.83% with 8.5% inflation than you need to invest in what pays a higher rate of return than inflation. That's commodities. The smart money has moved into Crude Oil stocks and Gold miners to a lesser extent, but not the rest of the commodity stocks.
Disclosure - I own $HAL, $GOLD, $PSX, $KMI, $PSX, $VALE, $GGB, $AG, $EXK, $FSM, $MOS, $BP, and $SHLX and I am up on every single position. You buy what works and stocks trading above their support levels.
Is this for real to scale?! I cant fathom it being as tall as the GGB.
One more thing I've tried to cover my leap positions as well and that never really worked for me as leap tends to be so much move valuable you cannot let it be called.
What has worked for me is wheeling selected stocks AKA stuff that is in my portfolio anyway. I have basically a 50/50 value growth mix. I always open selling PUTs against falling stocks. As my portfolio is mixed it tends to be value stocks are going up when growth is going down and vice versa so I sell Puts against the red part. If I get called I just take the shares and sell calls usually also selling more puts to the other side of the portfolio which at this point is red. If you are interested my portfolio is below.
It's a large mix than traditionally recommended consisting of 78 stocks which I yearly generally replace 3-5 with new names. I generally try to keep position size about 20k per ticker except for things like GOOG and ASML due to stock price.
This is feeling like a post-Soundgarden Chris Cornell day in the markets. So I am listening to Audioslave & solo Chris tunes while buying $HAL, $KMI, $GGB, and $GOLD. Those type of stocks did well in 2002-2008. This may NOT be the best technical investment advice thou.
Well If I waited 1 more day I could have sold $MOS for another 6% profit. Bad move on my part. I am done waiting. I just added to $KMI, $GGB, $HAL, and $CX. My purchases are in for the day. Cemex might be a mistake as it has no support.
Brazilian stocks are interesting. I have a small position in $GGB (Brazilian Steel) which is up 16% overall. I am looking for stocks outside of the USA. Good call on Nintendo too. I unfortunately went with $SONY instead.
Wow. OP crushed this. I found this de bc I want to get into GGB now. You saw it 11 months ago. Right on. Hell yea.
Right now my bigger positions in those sections are $T, $INTC, $KMI, $HAL, $GOLD, $LUMN, $MOS, and $GGB. I am trying to add others and not be so concentrated in a dozen or so stocks. I also want more exposure to non USA stocks so I recently opened a small position in $CX and $SONY.
Thank you for your analysis. I should have clarified better that the ETFs that had the 77% drop were; RSX, ERUS, RSXJ, RUSL, and RUSS. https://finviz.com/map.ashx?t=etf&st=w4
My funds didn't settle in time to take long positions, before these funds were banned from trading in us markets. There is a rumour that you can still buy RSX on Robinhood, and a russian pegged index on the london exchange.
I took positions in CEE, EEA, GF, IFN, and will continue to cost avg in.
CEE - was trading 15 - 30, now at 7.5. -50% from the low end
EEA - was trading 9.5 to 10, now at 8.5 -10% from the low end
IFN - was comparing the recent price movement to its 52wk trading range, 20-22 now at 18-19. however i am always open to learn more about how to evaluate stocks.
GGB and GOGL may be undervalued depending on how Russian sanctions impact global trade.
For GGB, I believe their recent down trend correlated with the price drop in BRIC markets. While their price increase comes from; Brazil declaring their neutrality, the Russian sanctions restricting the world supply of metal, and good fundamentals at $6 price point. Will the world turn from Russian to Brazilian steel?
Gogl, is a shipping company with good fundamentals that paid a 20% dividend last year. i believe with oil at $100 a barrel, railroads and shipping will dominate the transportation industry.
I would love to hear what positions your taking or considering.
Yeah $MOS and $HAL are my biggest winners. I need to get back into $VALE. I sold way too early. I bought pretty big in to $GGB, $EXK, and $DNN the last 2 weeks. Brazilian Steel, and small cap silver and small cap uranium.
Of the six you mentioned:
- IFN: -12% YTD, -13% 1Y
- ING: -30% YTD, -16% 1Y
- GGB: +24% YTD, +19% 1Y
- GOGL: +22% YTD, +70% 1Y
- OEC: -11% YTD, -19% 1Y
- VEON: -79% YTD, -80% 1Y
Are we looking at the same data? (3) & (4) are actually doing better than the market.
I think only ING is considered "big dip". It has $5.3billion loans in Russian and $500million loans in Ukraine. $6B war exposure may seem like a lot, but ING's loan book is $600B, so this is only 1% of loan/sales, thus -30% seems excessive.
VEON is an ISP in 10 countries (Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, Armenia and Georgia) and its maximum revenue derives from Russia. So -80% seems normal.
LMAO. $MOS and $HAL have been saving me. Unfortunately I bought more $GT than $MOS over this last year.
I should have gotten into Alcoa. I bought $GOLD and $GGB instead which have done ok.
BM - $VALE or $GGB
Energy $HAL or $FCEL
Utilities - $LUMN
CLF GGB Veon USL
Bought KSS at bottom today hoping to dump tomorrow for a profit.
Added to $EXK, $GLDG, $GGB, $BP, and $RAIL. Sold out of $EBAY. $INTC is the only semi-tech stock left I own.
I sold out of $EBAY for a nice loss. I opened a position in a Uranium stock that can't be named due to low market cap along with $RAIL I added to $BP, $GLDG, $GGB.
My plan for the week.. Buy $HAL, $CLF, $MOS at open. Buy $AG and $GOLD on the dip right after CPI Thursday. Sell all $INTC for a loss on the pump after CPI Thursday. Get out of $BP for a slight gain after it hits it's 50 dma. Sell my 1257 shares of $MOS once wsb actually starts mentioning the stock. Rotate my shares of $CLF into $GGB on every pop in $CLF. And sell 25% of my $GOLD holdings b4 CPI. Buy that 25% back after the dip when people realize J-Pow isn't raising rates more than 025 bsp with 8% inflation and the Russian/Ukraine war will end after $5 gasoline : P
I'm selling all non dividend and all non commodity stocks at market open. I'll put that cash back into more shares of $GOLD, $HAL, $XOM, $AG, $MOS, $FCX, $CLF, $GGB, and a few other commodity stocks.
Good luck everyone.
Finished the day up +0.46%. My portfolio is completely Bi-Polar though. Biggest loser are $GT -7.41%, and $CX -7.06%.
Biggest winners $MOS + 7.48%, $GGB + 3% & $AG + 3%.
I squeezed out a + 0.19% gain solely on $GGB, $MOS, $HAL, and $GOLD gains. $BP and $REV were my biggest loser. $TITN and $LUMN also were up big today, but I am expecting to lose those gains tomorrow. I added to $FSM and $CX today. Silver and Cement, 2 of the most boring assets in the world.
Nice call. Are you in long term cap gains or still short term? Wait until the difference in cap gains tax changes to long term as that is a huge savings on taxes.
The commodity stocks are interesting and should continue to rally thru the summer. I am still kicking myself for selling 10% in $MOS yesterday and my entire $CLF position, although I still have a huge stake in $GOLD, $BP, $HAL, $EXK, $PSX, and $GGB. Alcoa has never fell below any of the DMA's though. If you are in long term cap gains territory maybe sell 10%? Sure you'll be upset like I am with $MOS if it continues to run but you'll still have 90% and you locked in some profits?
The market drives politics and politicians; not the other way around.
Regardless, war = Oil, Steel, Wheat and more. Got a few plays to recommend?
I like GGB, PBR, GORO ( got to have that gold ), and good old future options.
I managed a very small gain for the day thanks to Silver miners $EXK and $FSM both up over 10%. Barrick $GOLD was also up 4%. I sold out of $CLF with a 15% gain. I bought heavily into $HAL and $PSX into the close. I also opened a position in $REV and added to $GT & $GGB. I haven't bought this much in one day in over 6 months.
If you feel like you missed out on $CLF or $X steel train, check out $GGB. Gerdau SA, Brazilian Steel selling for a forward P/E under 1.
I bought $GGB as well. Brazilian Steel. I like $CLF, but $GGB and $CX are way cheaper right now.
Highest EPS and Rev Growth:
SIMO: 4225%, 83.7% AOSL: 2781%, 21.7% TECK: 1273%, 83% HIMX: 1260%, 75.5% MGY: 1240%, 134% PXD: 1042%, 176.5% WLK: 942%, 61% PFE: 933%, 104% TLYS: 843%, 47% SGH: 800%, 61% SBLK: 796%, 107.5% TSLA: 754%, 65% GGB: 650%, 62% R: 600%, 175% TTE: 600%, 71% DDS: 586%, 43.5% SAFM. 554%, 49% NRG: 547%, 135% CMRE: 521%, 100% STLD: 517%, 135% NUE: 513%, 97% DAC: 510%, 65% WIRE: 490.5%, 80.5% DFIN: 481%, 18% GOGL: 461%, 126% CNQ: 431%, 81%
$BP, $KMI, $CVX, $PSX, $VZ, $INTC, $HPE, $GGB, $VIAC. I am removing AT&T as the CEO is an idiot and I am wondering why I am still bullish on the stock.
GGB and CLF are both strong buys imo. Hope they go full retard like they did back in 07’-08’
Commodities are rallying. This won't help inflation. $MOS, $CLF, $FCX, $GGB, are all up 3-4%
Update to my selling-my-condo-to-Zillow saga.
They finally just unloaded it, four months later.
For almost $40k less than they paid us.
I have no idea how their algorithm was so wrong - no wonder they left the home buying/selling business. (after mispricing >7000 homes)
Here are the stocks that will benefit from the Fed's decision:
AMZN, NVDA, GOOGL, AAPL, REGN, FTNT, MRNA, MSFT, ADBE, ARCB, TGT, PFE, GS, DFIN, GSL, ASO, UMC, LRCX, JEF, CVX, COP, TSM, TMO, MEDP, LPX, HRI, UNH, DKS, ALLY, EVR, OPY, MS, TGLS, AMAT, FNF, GPI, NUE, BNTX, KLIC, TPH, PIPR, AMGN, TITN, SBOW, SYF, MYRG, SEM, NBN, WIRE, ACLS, TSN, WLK, INMD, HIMX,GD, HVT, ATH, SBSW, FRHC, A, PAG, TX, VALE, FCX, AMN, ENPH, CMRE, GGB, LMAT, FL.
Your post has been removed because we don't allow political discussions, political baiting, or soapboxing (rule 6). This includes questions or discussions about proposed legislation or government policy changes.
If you have questions about this removal, please message the moderators.
The entire ibovespa market trades like this. Look at GGB, PBR, VALE, BBD, ITUB, SID, ABEV. Everything in Brazil trades incredibly cheap compared to counterparts in "1st world" markets. In my opinion, equally high risk exists in the US, Canada, and Europe. They're just different types of risk, and western investors understand them better than foreign markets. So they take an unnecessarily steep discount. Russia and Africa are similar as well. Just have to be able to withstand the issues associated with area. I personally hold positions in PBR, VALE, and GGB.
TX and GGB (nearly identical metrics) are both struggling because the market overly discounts Latin America off geopolitical risk. Particularly Brazil and Venezuela, the former of which both companies have heavy presence in.
I'm personally of the opinion that the risks associated with the region have been overblown and that companies from the area trade at discounts that are too heavy. Numerous companies there trade near or even below book value. I have said, and will say again, that South America, and in particular Brazil, is my highest conviction emerging market region. You'll need to determine if you're comfortable with the risks of a 2nd world market. Even if you decide its worth it (I have), it's unlikely that bigger money will agree with you anytime soon, so expect depressed valuations for the foreseeable future. But if you're patient and are fine taking on the risk, and just look at it as buying a good business at a fair price, the upside is strong. At least over the next 5-10 years where industrial tailwinds remain favorable.
Update to my selling-my-condo-to-Zillow saga.
Apparently I wasn't the only one who got way overpaid. Ironically, Zillow mispriced tons of houses and is now sitting on an inventory of 7,000 homes they want to unload, with recent analysis showing two thirds are selling for less than Zillow paid for them.
If you aren't afraid of Brazil due to political issues (huge concern, admittedly). Gerdau ($GGB) is similar to SID. I don't know enough to say which one is better, but I'm bagholding GGB since it was over $6 in the summer.
So wierd....I take the week off WSB and make money...love it. Spent the week flipping AAL puts and GGB calls. Up over 130% this week... Cashed out yesterday through out the day...MIGHT jump in near close to play a gap on Monday morning.
I have added RIO, GGB, VALE small amount as a DCA every dip including this dip today.
Last week, I bought AAPL, V, MSFT, MA, ADSK, NKE..etc still negative, but holding fine.
GGB with that sweet 6% gap up this morning is totally helping my long dated 5c's...it ain't over yet!!
I'm still buying. GGB and SXC are my personal holds. It's more of a long term sector, as infrastructure contracts are a multi year process.
Not surprisingly, I suck at this. Today wrecked me....but that's ok. I started off with 500 bucks and grew it to 6600 at the high....now I'm basically back where I started....
Rather than cashing it in and calling it quits, I dropped that last 500 on GGB $6 calls for march. I think they're undervalued. They're doing some pretty neat stuff with graphene and some of the other cool shit they got going on, not just steel anymore. I figured it was a nice place to park my money for a few months. Maybe I get lucky...or maybe I get bored and reload. Lol.
Catch you fellas (and ladies) in a few months:)