GBA Presents: RADIO SAVANT-!

I think they were $13's and when I heard them mention that trade on CNBC Tuesday, the skeptic in me said the trade was placed as a ploy just to get some media noise, and it did go up nicely, like $11.25 on strong volume the next day. And it was a small trade really, thats why I was suspicious when CNBC mentioned it. That trade is nothing on a stock like SNAP over earnings.

So I don't think it means anything Ted.
Someone bought 20K of the Nov $7 calls today for $0.92 when it was at $7.52 soooo.... not a lot of premium being priced in.

Dead money unless someone decides to buy them.
Kanye and Elon are out lol... as are the Chinese.
Maybe Comcast or Fox will buy them. Or Disney.
That would make for an interesting merger in the media space.
Give the rest of them something to scratch their heads about.

 

Ok Stoney... pay attention.
You should be doing this.

We closed these short calls below (bought back for $0.45 earlier)
So +$0.76 there

$1.33 (in at 34.50) + $0.76 --->Up $2.09 @ the close today.

BUT!!!

We sold the 10/28 $36 calls for $0.86
So basically we're in the ARK for about $31.50
Kind of a granny play Stoney.
Why doesn't Big Pete do this for you?
-----------------------------------------------------------------

So Biden says we're still gonna buy Uranium from Russia huh?
OoooKay.

Well our CCJ is up 9% on the week.
That was a good find Stoney.

 

CCJ To the MOON! For YELLOW CAKE<----------

Van U-Turn Much... Check this out

 

Our favorite polish news guy (check out he helicopter at the end!)-

 

Why doesn't Big Pete do this for you?- Because he parties?

Van I guess we just sit back and wait for Overnight to apologize for what he did.

 

Oh and I don't think enough is being made of this--> Cramer panicked at the low on National TV. Cramer told his breakfast crew sell sell sell, raise cash batten down the hatches... don't buy don't buy....

S&P 500 gains over 4% for the week amid hopes of Fed easing up on rate-hiking spree

 

Goldman screens for stock bargains for a recession
Oct. 19, 2022 2:16 PM ET




Stocks remain in a bear market, but absolute and relative valuation metrics still show that U.S. equities are expensive compared to history, according to Goldman Sachs.

Goldman's equity strategy team notes that the S&P 500 (SP500) (NYSEARCA:SPY) started the year with a next-twelve-months P/E of 21x, the 91st percentile since 1980. It has dropped to 15.8x, but is still at the 66th percentile.

"Despite elevated recession risk, geopolitical tension, and a generally murky macro outlook, the earnings yield gap - a common proxy for the equity risk premium - trades close to the tightest levels in 15 years," strategist David Kostin wrote. "Relative to both real 10-year Treasury yields and investment-grade corporate bonds, the S&P 500 index valuation ranks above the 75th %-ile since 1980."

MKM strategist Michael Darda said the equity risk premium has actuallyfallen since the market topped in January.

In one strategy to look for cheap stocks, Goldman screened for cyclicals in the Russell 1000 (NYSEARCA:IWB) that are attractive relative to recessionary earnings but also exhibit quality.

"As a stress test, we cut the consensus 2023 EPS of Russell 1000 cyclical stocks by 30% and select those whose P/E on this stress-tested earnings is less than 15x and cheaper than their 10-year median P/E," Kostin said. "We also exclude stocks with weaker than average balance sheets and especially negative EPS revisions over the last month."

Those stocks are:

1. Pulte Home (NYSE:PHM), price to 2023 EPS currrent consensus 4.2x, price to 2023 EPS with 30% cut to consensus 6x
2. Toll Bros. (NYSE:TOL), 4.6, 6.5
3. Mosaic (NYSE:MOS), 4.8, 6.9
4. Arrow Electron (NYSE:ARW), 5.6, 8.0
5. Vontier (NYSE:VNT), 5.7, 8.1
6. PVH (NYSE:PVH), 5.8, 8.2
7. Avnet (NASDAQ:AVT), 5.8, 8.3
8. Capri Holdings (NYSE:CPRI), 5.9, 8.4
9. Hanesbrands (NYSE:HBI), 5.9, 8.5
10. Brunswick (NYSE:BC), 6.3, 9.0
11. Whirlpool (NYSE:WHR), 6.5, 9.3
12. BorgWarner (NYSE:BWA), 6.7, 9.6
13. CF Industries (NYSE:CF), 7.0, 10.0
14. Skyworks Solutions (NASDAQ:SWKS), 7.2, 10.2
15. Mohawk Industries (MHK), 7.2, 10.3
16. Steel Dynamics (STLD), 7.5, 10.8
17. Builders FirstSource (BLDR), 7.6, 10.8
18. Tapestry (TPR), 7.6, 10.9
19. WESCO international (WCC), 7.6, 10.9
20. Owens Corning (OC), 7.7, 11
21. Coherent (COHR), 7.8, 11.2
22. Univar Solutions (UNVR), 7.9, 11.3
23. Qorvo (QRVO), 8.6, 12.2
24. Qualcomm (QCOM), 8.7, 12.4
25. AGCO (AGCO), 8.7, 12.4
26. Tempur Sealy (TPX), 8.8, 12.6
27. XPO Logistics (XPO), 8.8, 12.6
28. Fortune Brands Home & Security (FBHS), 9.0, 12.8
29. Polaris (PII), 9.2, 13.1 <----------------------------------------
    
30. ManpowerGroup (MAN), 9.2, 13.2
31. Carters (CRI), 9.3, 13.3
32. Scotts Miracle-Gro (SMG), 9.4, 13.5
33. Lumentum (LITE), 9.7, 13.8
34. Nucor (NUE), 9.7, 13.9
35. Schneider National (SNDR), 9.8, 14.0
36. Eagle Materials (EXP), 9,9, 14.2
37. Under Armour (UA), 10.1, 14.5
38. Albemarle (ALB), 10.3, 14.7<------------------
39. Skechers (SKX), 10.3, 14.8
40. Mattel (MAT), 10.4, 14.8
41. Sonoco (SON), 10.4, 14.9

The first thing I take from this list is what's wrong with me? I don't own a single name on this large list! I had a big Capri stake but i gave it up (wedding dress play) //

If this is ' quality ' why don't i have?

The only names that appeal to me are Polaris and Albemarle...

 

Earn This Week-
PII- Polaris Inc.
Stock Price & Overview
$92.730.08(+0.09%)12:00 PM 10/21/22
NYSE |$USD |Post-Market:$92.733:00 PM

 

ALB Albemarle Corporation- Yikes up 15% for year????

$270.0114.62 (+5.72%)4:00 PM 10/21/22
NYSE | $USD | Post-Market: $271.01 +1.00 (+0.37%) 7:57 PM

 

Albemarle secures ~$150M DoE grant for U.S.-based lithium facility
Oct. 19, 2022 12:24 PM ET Albemarle Corporation (ALB)