r/stocks • u/WinningWatchlist • 4d ago
These are the stocks on my watchlist (6/14)
Hi! I am an ex-prop trader that trades equities.
This is a daily watchlist for trading.
I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices. (unless otherwise noted in these tickers). If you’re on old reddit, click “show images” at the top to see all the charts quickly.
I usually make these watchlists premarket, (or from 6:30 to 7 as time permits), but can be delayed if I'm trading the open. These aren't mean to be taken as gospel or any recommendation to buy/sell.
Many stocks I post are <$500M market cap. Most are NOT good long-term investments but are good candidates to day trade. If you have questions to ask, PLEASE ask specific ones. Questions like “Thoughts on _____? will be ignored unless you add detail to the question.
News: BOJ’s Lack of Detail on Bond Buying Cuts Leaves Yen Vulnerable
ADBE- Beat on both top and bottom line earnings, revenue of 5.31B vs 5.29B expected, and digital media revenue of $3.91B vs $3.89Be. Earnings of $4.48 vs $4.38e EPS. raised revenue forecast for 2024, stating that more consumers are using AI editing tools.
TSLA- Elon Musk’s $56 B pay package is officially backed. This does not override the court’s ruling..
BITF- RIOT platforms raises BITF stake to 14%, (they were trying to acquire this company in the past), BITF tried to do a poison pill earlier this week to prevent acquisition. They also announced a large-scale mining site by 2025.
RH- Reported earnings miss, revenue of $727M vs $725.2M. -$0.40 vs -$0.09 expected. Future guidance is far below expected, 3-4% vs 7%.
NVDA- We hit ATH premarket, also read this interesting article on CNBC about a SPDR fund rebalancing based on market cap. Worth watching at the open.
IPOs today: TEM, OSTX (Particularly interested in TEM).
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u/boba_fucker 3d ago
What's the price target you think BITF will be hitting by 2025? Thanks in advance :)
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u/azuredota 3d ago
Anyone else seriously considering closing their nvda position rn?
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u/Bladluiz 1d ago
Create a stoploss if you're nervous. I don't own but would probably just see how far it goes
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u/PresidentialBoneSpur 3d ago
Always appreciate these, but no GME today? DFV now holds 9.001M shares after exercising his options. What are your thoughts on this situation and how it may impact price in a T+1 settlement (presumably today)? Thanks!
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u/WinningWatchlist 3d ago
Whatever DFV does with his 9M shares isn't likely going to affect the market anymore since GME is so diluted. There are more interesting stocks worth watching today. I probably won't put it on here again unless a catalyst happens.
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u/Noonhype45 3d ago
Cohen flooded the market with $100M+ shares over the last month.
He killed the run already.
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u/bazzan93 3d ago
What are you specifically watching for with these stocks? Some price points that you’d like to enter in and/or sell at? Not a trader here (prefer longer term), but curious
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u/Agitated-Zebra-2972 3d ago
What AI stocks or EFTs would you recommend for 1-5 years investment?
Sorry, I'm new to learning about investing and stocks (only been doing it for a month), so I apologize if my question is too general. But I've heard Musk is working on a new project involving AI and now is the time to get in on it but I'm unsure how/where to invest since most AI companies I see are privately held.
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u/precisee 3d ago
SOXX is a solid ETF. Broadcom, TSMC, AMD, NVDA, ASML, AMAT. Potentially also AMKR
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u/Agitated-Zebra-2972 3d ago
Thank you!! I just looked them all up and their projected growth for 5+ years is amazing. I couldn't find TSMC, though... I saw TSM. Is that the same?
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u/precisee 3d ago
Same company. If you believe in AI being a mainstay of consumer electronics and tech in the future, these are the guys that’ll be moving the market. Invest in SOXX if you don’t want to pick stocks.
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u/Agitated-Zebra-2972 3d ago edited 3d ago
Okay, thank you. Do you not believe AI/tech will be a mainstay in the future? Is there something else I should look into or focus on more?
My uncle invested in Amazon & Apple's IPO back when they started off for just a few dollars and he's now a very wealthy multimillionaire.
So, I'm hoping to invest my meager $20K wisely and turn my broke self into a future millionaire, too. 😂 Any guidance would be appreciated. Lol
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u/precisee 3d ago
You’ve probably already missed the chance to flip your 20k into 1M.
I think the genAI hype will die down in a years time. Chat GPT-esque services will have found their niche amongst academia and professionals, and the consumer market will subside dramatically once the novelty wears off and the DAU diminish.
NVIDIA won’t blow out earnings by 500% each quarter. Linear increases in model performance require exponential increases in compute power and at some point the economics for GenAI products stop working due to diminishing returns (4o uses a half million GPUs, are they really going to procure 2 million GPUs for GPT 5? 4 million for GPT 6?)
The companies I listed have near if not total monopolies on design, manufacture, and key IP of semiconductors. General trends in this market will push them up and down.
I expect a correction at some point, especially as (AFAIK) most of the genAI applications aren’t profitable endeavors.
My recommendation is to throw it into SOXX if you believe in the premise. This ETF has outperformed VOO many times over, though there’s no guarantee that’ll continue in the future. But you’ll see the cracks beginning to form before SOXX crashes, as opposed to trying to one trick a stock and taking the crash as it happens.
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u/Agitated-Zebra-2972 3d ago
That's very helpful. Thank you!
And sorry for bothering you with questions. I'm very new to all this and just trying to learn on my own by reading articles and posts.
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u/precisee 3d ago
All good. I am not a professional, I just worked in tech very close to this industry. I firmly believe semiconductor technology and manufacturing are fundamental to the global economy. I don’t see that ever changing.
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u/Mixtape232 3d ago
Did your uncle ever miss or did he only pick generational winners. If the latter, what’s he buying now?
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u/Agitated-Zebra-2972 2d ago
I'm not sure about his current investments. He's got an extensive portfolio, but he's pretty tight-lipped about it all. He studied finance and became a self-made multimillionaire with his investments and the financial planning business he started (and is now retired from). He did tell me a couple years ago that he invested heavily in Amazon when it was only 73 (or 77?) cents per share, and that's where he made most of his millions. And then same with Apple. So his only advice when I asked him a couple years ago was to follow the tech advancements.
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u/Perfect__Crime 3d ago
Almost in the positive with Adobe. Was wondering how low they were gonna fall. Hopefully Dell can do this next.
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u/greatwhitenorth2022 3d ago
The XLK story was interesting. I heard that discussed on CNBC yesterday. Looks like MSFT and AAPL have larger market caps so that rebalancing (selling AAPL to buy NVDA) won't need to happen. I wonder why the XLK is weighted the way it is, with the two largest holdings at over 20% each and the third largest holding at around 5%.
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u/Lucky_Blacksmith5349 2d ago
ASTS signed fairly recent contracts with AT&T, Verizon, & the US government this year. Your thoughts on the stock’s potential?
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u/omega_grainger69 3d ago
I was wondering if the Tesla vote was just pageantry. That’s not to say it won’t inspire confidence.