• Breaking News

    Wednesday, January 3, 2018

    Stocks - Spotify reportedly filed for its IPO, thoughts?

    Stocks - Spotify reportedly filed for its IPO, thoughts?


    Spotify reportedly filed for its IPO, thoughts?

    Posted: 03 Jan 2018 08:13 AM PST

    Curious to hear some of y'alls thoughts on Spotify

    submitted by /u/MiddC
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    1/3 Wednesday Stock Market Movers & News

    Posted: 03 Jan 2018 05:22 AM PST

    Good morning traders of the r/stocks sub! Welcome to Wednesday! Here are your pre-market stock movers & news this morning-


    Frontrunning: January 3

    • President Trump last night said that his "nuclear button" is "much bigger and more powerful" than the one controlled by North Korea's Kim Jong-Un. Earlier, Kim had said that the North's nuclear weapons can reach anywhere in the U.S. (CNBC)
    • North Korea reopens cross-border talks with South Korea (AP)
    • Trump has escalated tensions with Democratic leaders over the fate of young undocumented immigrants known as "dreamers". He claimed lawmakers were "doing nothing" to protect them from deportation, even though he ended the program. (Washington Post)
    • Homeland chief: Wait and see on citizenship for immigrants (AP)
    • Trump to announce "most dishonest" and "corrupt media awards" next week (USA Today)
    • Former Massachusetts Gov. Mitt Romney changed his Twitter location from Massachusetts to Utah. Romney is reportedly considering a run for the open seat in Utah after Sen. Orrin Hatch announced his retirement. (Axios)
    • A record-shattering freeze kept its grip on much of the eastern U.S. this morning, causing at least eight deaths and closing schools. Forecasters warned of a storm that could slam some areas with blizzard conditions later this week. (AP)
    • Amazon (AMZN) is in talks to let companies promote their products on Alexa, sources tell CNBC. Ads will focus on sponsorship opportunities within skills or use data about a buyer's shopping history to suggest products.
    • Spotify was sued by Wixen Music Publishing last week for allegedly using thousands of songs without a license. Wixen, an exclusive licensee of songs from artists including Tom Petty and Stevie Nicks, is seeking damages worth at least $1.6 billion along with injunctive relief. (Reuters)
    • Vice has suspended two top executives after a New York Times report on sexual misconduct at the digital media company. The company put its president, Andrew Creighton, and Chief Digital Officer Mike Germano on leave. (AP)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET HEAT MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S IPO'S:

    ([CLICK HERE FOR THIS WEEK'S IPO'S!]())

    NONE.


    THIS WEEK'S EARNINGS CALENDAR:

    ($RAD $WBA $STZ $MON $CMC $UNF $NEOG $RPM $LW $ANGO $SONC $CALM $GBX $RECN $LNDC $AEHR $PSMT $FC)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ()

    ([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

    NONE.


    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

    THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

    THIS MORNING'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • AMD
    • INTC
    • NFLX
    • JPM
    • CRSP
    • GE
    • CMC
    • MLNX

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Alibaba – Alibaba's Ant Financial Services affiliate has ended its agreement to buy payment services company MoneyGram, following objections by federal regulators. The companies were unable to garner the approval of the Committee on Foreign Investment in the United States, which reviews acquisitions by foreign entities for possible national security risks.

    STOCK SYMBOL: BABA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    IBM – IBM was upgraded to "outperform" from "sector perform" at RBC Capital Markets, which also raised its price target on the stock to $180 from $160. RBC sees both cyclical and secular drivers that could improve IBM's performance, among them: a new cycle of mainframe purchases, as well as currency tailwinds that haven't been seen for a number of years.

    STOCK SYMBOL: IBM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    American Express – Deutsche Bank began coverage on the financial services giant with a "buy" rating, noting benefits from tax reform and a cutback in federal regulation. The bank cites similar reasons in issuing a "buy" rating on Discover Financial Services.

    STOCK SYMBOL: AXP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Alexion Pharmaceuticals – Alexion will work with activist investor Elliott Management on filling a board seat. Elliott has built a stake in the drugmaker and has been pushing for changes.

    STOCK SYMBOL: ALXN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    American Airlines Group, Southwest Airlines – The airlines both announced that they would give employees a $1,000 bonus due to the new tax law and a lower corporate tax rate. Southwest also announced an increased fleet investment with jetmaker Boeing, as well as a $5 million charitable donation.

    STOCK SYMBOL: AAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: LUV

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Valeant Pharmaceuticals – Valeant and investor Bill Ackman have been asked to appear in court January 16 to discuss a proposed settlement in an insider trading lawsuit involving trading in Allergan shares. The court said it has questions about whether a proposed $290 settlement is reasonable and fair.

    STOCK SYMBOL: VRX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apartment Investment & Management Co. – The apartment REIT had its lawsuit against Airbnb dismissed by a U.S. district court. Aimco had claimed that Airbnb – which specializes in short-term rentals – allowed tenants to break leases through unauthorized sublets.

    STOCK SYMBOL: AIV

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Novartis – The drugmaker received a "breakthrough therapy" designation for its breast cancer treatment Kisqali. The designation grants priority review to drugs with promising results in clinical trials.

    STOCK SYMBOL: NVS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Charter Communications – Guggenheim upgraded the cable operator to "buy" from "neutral," saying Charter not only has an attractive customer footprint but also will benefit from tax perform and lighter regulation.

    STOCK SYMBOL: CHTR

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    General Mills – Piper Jaffray upgraded the food company's stock to "neutral" from "underweight," pointing to higher quality brand launches and benefits from corporate tax reform.

    STOCK SYMBOL: GIS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Oracle – Morgan Stanley upgraded the stock to "overweight" from "equal-weight," saying the stock is undervalued after some disappointing cloud-related results in recent quarters.

    STOCK SYMBOL: ORCL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.


    DISCUSS!

    What is on everyone's radar for today's trading day ahead here at r/stocks?


    I hope you all have an excellent trading day ahead today on this Wednesday, January 3rd, 2018! :)

    submitted by /u/bigbear0083
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    Behind the Scenes Technology Stocks?

    Posted: 03 Jan 2018 07:40 AM PST

    What are your favorite tech companies that make their profits lurking in the shadows of large mega-cap stocks like Apple, Amazon, Netflix, Tesla, Google etc.

    There are the obvious ones, like semiconductor/ chip companies. But what other companies/ technologies can you think of.

    submitted by /u/DoU92
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    What are the best stocks in the financial sector?

    Posted: 03 Jan 2018 07:59 AM PST

    I was looking for some strong buys in the financial sector, but couldn't find anything that was selling at a bargain. What would be the top 5 stocks in the financial sector right now?

    submitted by /u/Birkeshire
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    Canopy Growth Buy or Not?

    Posted: 03 Jan 2018 04:34 AM PST

    At what price if a buy? Just any thoughts?

    submitted by /u/King3391
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    Any book recommendations to learn about stocks and how to invest?

    Posted: 03 Jan 2018 08:45 AM PST

    Hey I'm pretty new to everything and would love to know if there were good books or article to sort a beginner out. Help a fellow future millionaire out !

    submitted by /u/ManLikeThanoj
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    Looking for a more intermediate trading platform! What do you guys use?

    Posted: 03 Jan 2018 08:04 AM PST

    Hi r/stocks,

    I am a long time learner of the markets but a recent investor.

    I have 20k in RH and have done quite well over the last 2 quarters.

    I am looking to put in another 20k to a more robust platform with a computer interface.

    I want to have access to stocks, bonds, options, and foreign markets (need me some of that $weed!)

    I don't want to pay too much per trade nor have any high maintenance fees ETC, plain and simple. Some fees are ok since I do not day trade but I would like to amp up the amount of trades I do, although it will probably be less than 150/year.

    What do you guys recommend?

    I have done some research and I have a few in mind but id like to see what is the most popular.

    thank you for your time

    submitted by /u/swedishplumber
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    How low can AOBC go?

    Posted: 03 Jan 2018 09:03 AM PST

    It's almost impressive in a way how cheap this stock is now. When do you think there will be a rebound?

    submitted by /u/Whitehawk212
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    When did you start investing/stocks?

    Posted: 03 Jan 2018 07:33 AM PST

    And how much did you start with? 18 y/o here just getting started

    submitted by /u/HOU629
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    Tech investors beware: Major Intel security bug

    Posted: 03 Jan 2018 08:01 AM PST

    https://www.theregister.co.uk/2018/01/02/intel_cpu_design_flaw/

    A fundamental design flaw in Intel's processor chips has forced a significant redesign of the Linux and Windows kernels to defang the chip-level security bug.

    The effects are still being benchmarked, however we're looking at a ballpark figure of five to 30 per cent slow down, depending on the task and the processor model.

    Affects pretty much all large companies in tech. The actual details of the vulnerability are currently under embargo, so expect more news to come.

    Edit: Intel has responded, I'm posting all developments over /r/techinvestor/

    submitted by /u/-Mahn
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    ACBFF & Citron

    Posted: 03 Jan 2018 11:21 AM PST

    Wanted to get opinions on ACBFF. Citron just tweeted out that it is overvalued and should be around $6.50 along with ACB. Do you think they start to decline or continue to surge?

    submitted by /u/Kinginthe4th
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    KATFF is a cobalt miner that is making moves currently.

    Posted: 03 Jan 2018 01:54 PM PST

    What are your thoughts on cobalt as an investment as well as the prospect of investing in a mine that operates Africa under probably sketchy conditions?

    submitted by /u/Myakem
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    No movement in after market

    Posted: 03 Jan 2018 01:47 PM PST

    Might be a very stupid question. If a stock with a large volume during the day has no trades during the after market trading session, is this a sign of something or is it simply because there are less trades occurring during after market hours and the stock just wasn't traded.

    submitted by /u/Duri1
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    $MU

    Posted: 03 Jan 2018 01:37 PM PST

    I saw an entire page without a post like this so don't mind me just filling the void

    submitted by /u/TheMahigs
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    Intel

    Posted: 03 Jan 2018 09:42 AM PST

    What do you guys think about Intel after its news today? Will it remain bullish? Is it a good buy with the dip at the moment?

    submitted by /u/moizalam345
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    Cannabis Wheaton Income Corp.

    Posted: 03 Jan 2018 01:14 PM PST

    New to stocks

    CBW.V

    I've read about this company and have followed them for the last couple months. They have doubled there stock value but I'm wondering what there ceiling will be like and very unsure how far they will climb in the next couple months before legalization in Canada. Any thoughts?

    submitted by /u/zja44
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    Shower-thought? When a stock loses value what happens to the money lost?

    Posted: 03 Jan 2018 12:35 PM PST

    I was just thinking about this and thought I'd ask the brain-trust on Reddit.

    Say there's a stock that's selling at $100 per share and Some Dude buys 1 share. A week later the price has dropped to $50 per share and Some Dude sells it.

    Where does the $50 Some Dude lost go? Does the company have it or has it just sort of vanished?

    submitted by /u/Pimanac-Is-Complicit
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    Investing in NIKKEI/HANG SENG? Which Broker?

    Posted: 03 Jan 2018 08:37 AM PST

    I'm under the assumption right now the only US Broker that offers a chance to invest directly in companies listed on the NIKKEI and HANG SENG is Charles Schwab, but is that right?

    Does anyone know a major brokerage that offers direct investments in those markets? I currently use ThinkorSwim (TD) and I know they definitely don't

    submitted by /u/Kane97
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    Good time to buy $INTC?

    Posted: 03 Jan 2018 12:04 PM PST

    $INTC is free falling right now because of their chip major flaws, but we know that they have 80% market share for their chip. Is it a good time to buy in now or maybe next week and hold it for long term?

    submitted by /u/Coldfire5
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    What makes MSFT “the ultimate buy and hold stock?”

    Posted: 02 Jan 2018 07:38 PM PST

    Besides beating earnings and making a profit, what is it within the fundamentals that makes this a forever stock?

    submitted by /u/KidsWifeJob
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    Why did the majority of the stocks went so well today?

    Posted: 02 Jan 2018 04:10 PM PST

    I'm new and was wondering what's going on

    submitted by /u/WalkingOnSunShine12
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    What should I use to buy stocks?

    Posted: 03 Jan 2018 09:07 AM PST

    I have a brokerage account with Vanguard at the moment. I was looking into weedstocks but was told they charge $50.

    This will be my very first investment, should I even get into weedstocks at all?

    What should I use to buy stocks?

    Should I invest in something safe like Microsoft instead?

    Does the amount of stocks I buy matter? I don't have thousand to spend.

    submitted by /u/undergrin
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    UK expertise required

    Posted: 03 Jan 2018 08:33 AM PST

    I'm 23 and from the UK. I've been saving my income since 19 and have amassed a tidy little sum. I've been considering interest rates and savings account recently and decided that I am in no way rewarded for my savings, 1.86% on 10k really doesn't add up to much.

    Having studied Economics and currently on the road to become a chartered account I've decided to venture into the stock market, unfortunately this topic has never been explained throughout my education and my parents have never been in the financial position to use the market so I'm bombarding myself with new information.

    I'm planning to dabble initially with a few hundred here and there but I'm currently struggling to find a broker than I feel I can trust and charge fees which are fair in relation the the amounts I am investing.

    TL;DR Would anyone be able to suggest a broker that I can consider? Also ANY tips which you deem important to a complete beginner would really be appreciated. Thanks in advance.

    submitted by /u/Ifaliacy
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    TD web broker too hard to call in

    Posted: 03 Jan 2018 07:51 AM PST

    It took me more than 1 hour to call into the TD web broker today. Most of time it took me around 30 mins. I found every minute is very important when it comes to stock trading. Taking this long to get call in make me loss so much money that I could have earn... Their trading fee is not cheap. They should provide a better customer service. I would like to know if I am the only one that took this long to get call in. How long does it takes for you guys to call into your broker?

    submitted by /u/wynne8867
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