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    Thursday, June 7, 2018

    Home Unlabelled Stock Market - Canada is set to legalise marijuana today. If this bill passes, there could be some excellent long term opportunities.

    Stock Market - Canada is set to legalise marijuana today. If this bill passes, there could be some excellent long term opportunities.

    June 07, 2018

    Stock Market - Canada is set to legalise marijuana today. If this bill passes, there could be some excellent long term opportunities.

    Canada is set to legalise marijuana today. If this bill passes, there could be some excellent long term opportunities.

    Posted: 07 Jun 2018 01:11 AM PDT

    Are the internet stocks in a bubble? Since January 2009 Netflix is up 8,180%. Tencent is up 3,963%. Amazon is up 3,069%. Apple is up 1,629%. Alphabet is up 600%. While US nominal GDP is only up 33%.

    Posted: 06 Jun 2018 08:42 PM PDT

    The tech sector is now the biggest sector in the market as most of the world's largest firms are involved with the mobile internet. The internet is so pervasive that even traditional players heavily utilize the internet to do business. Many large firms have smartphone applications to reach their customers. Many investors criticize redefining traditional firms by calling them tech because that definition often comes with a hefty multiple. While it's fair to question why a traditional firm should get a higher multiple just because it has an app, that doesn't eliminate the point that all firms utilize the internet.

    What Is Driving The Stock Bull Market Higher?

    submitted by /u/AlexPitti
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    Market Update!

    Posted: 07 Jun 2018 06:37 PM PDT

    Market Update June 7, 2018 DIA NDLS DISH OIH DNR DB DOL.TO QQQ L CPG AMD

    Posted: 07 Jun 2018 05:58 PM PDT

    https://youtu.be/tp6YJXydk-4

    Time to make money!!!!!!!!!!!!!!

    submitted by /u/JMBStockMarket
    [link] [comments]

    (6/7) - Thursday's Stock Movers & News

    Posted: 07 Jun 2018 07:30 AM PDT

    Good morning traders of the r/StockMarket sub! Welcome to Thursday! Here are your stock movers & news this morning-

    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Frontrunning: June 7th

    • CNBC has learned that special counsel Robert Mueller's team is requesting that witnesses turn in their personal phones to inspect their encrypted messaging programs and potentially view conversations between associates linked to President Donald Trump.
    • As Mueller looks ever more closely at Trump's foreign business ties, one former associate has remained outside the spotlight despite playing a key role in Trump's quest for real estate deals in former Soviet lands. (CNBC)
    • With his new tariffs increasing U.S. isolation, Trump heads to Canada tomorrow for a meeting of the Group of Seven (G-7) industrialized nations and the president will likely face a chilly reception from some of America's oldest allies. (AP)
    • Trump set to push US trade agenda at tense G-7 meeting (WSJ)
    • Fear of World War III should stop global disputes, Russia's Putin says (CNBC)
    • Tennessee Republican Sen. Bob Corker unveiled legislation to check Trump's ability to impose tariffs despite personal objections from the president. Six Republicans and four Democrats signed on to the bill. (CNBC)
    • As the clock ticks, House GOP leaders scramble to find a compromise on immigration (USA Today)
    • Rising satisfaction with the U.S. economy has lifted Trump, but not the GOP campaign, to hold Congress in November midterm elections, according to a NBC News/Wall Street Journal poll, which measures how sustained economic strength affects both Trump and his party.
    • House primaries results lift Dems' takeover hopes (NY Times)
    • Democrats' interest in midterm elections running ahead of Republicans' (WSJ)
    • The State Department brought a group of diplomats home from China over concern they were suffering from a mysterious illness that resembles a brain injury and has already affected U.S. personnel in Cuba. (Reuters)
    • New aerial before-and-after photos of Hawaii's Big Island are showing the extent of the damage from the Kilauea volcano's latest explosion. Roughly 500 homes were in the path of the lava, and hundreds were destroyed. (ABC News)
    • Investor Carl Icahn has acquired a small stake in Allergan (AGN), according to multiple reports. Icahn didn't comment on his investment, but Allergan told CNBC it welcomes all investments in the company.
    • Johnson & Johnson (JNJ) received a $2.7 billion offer from industrial equipment-maker Fortive (FTV) for its medical equipment sterilization unit. J&J confirmed receiving the offer and said it had four months to accept it. (Reuters)
    • CrossFit, the highly successful gym franchise, came under scrutiny after an Indianapolis-based location's owner canceled an LGBTQ Pride workout and an executive later called the idea a "sin." (CNBC)
    • Despite announcing new features to curb harassment on its platform, such as offering filters for inappropriate content, social media company Twitter (TWTR) is still facing heat for harassment on its platform. (Axios)
    • Former Qualcomm (QCOM) CEO Paul Jacobs is starting a new engineering company, called XCOM, with two former Qualcomm executives that will focus on next-generation, or 5G, wireless technology. (CNBC)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    TODAY'S MARKET HEAT MAP:

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

    TODAY'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!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($YY $PANW $AVGO $DVMT $SIG $THO $OKTA $FIVE $DLTH $CLDR $HDS $AMBA $NAV $HQY $SJM $KNOP $COUP $FCEL $MTN $GWRE$HOME $OLLI $FRAN $GIIi $CPST $GCO $CSWC $VRA $FGP $ASNA $HLNE $NX $ROAD $MDB $SFIX $COO $SCWX $UNFI $SEAC $NCS $ZUMZ)

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

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($OKTA $FIVE $THO $CLDR $SJM $MTN $FCEL $UNFI $MDB $FGP $HLNE $ABM $REVG $ZS $CMTL $GEF $CONN $SEAC $ADX $AMSC $GSHD $STRM)

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

    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 LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #5!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • BABA
    • MDXG
    • AXON
    • UGAZ
    • LRCX
    • FIVE
    • CRON
    • AMD
    • DGAZ
    • T
    • OKTA
    • SJM
    • THO
    • CONN
    • ENDP
    • QCOM
    • NXPI
    • AGN
    • AVGO
    • CLDR
    • MDB
    • ZS
    • VKTX
    • AVHI
    • BCLI
    • JD
    • K
    • SPOT
    • UNFI
    • FSLR

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    J.M. Smucker – The food company missed estimates by 25 cents a share, with adjusted quarterly profit of $1.93 per share. Revenue also missed forecasts on weakness in the oils, peanut butter, and baking categories. Smucker also gave a weaker-than-expected full-year forecast.

    STOCK SYMBOL: SJM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Thor Industries – Thor missed estimates by 5 cents with quarterly profit of $2.53 per share, although the recreational vehicle maker's revenue came in slightly above forecasts. Thor said it is seeing headwinds coming due to U.S. tariffs on steel.

    STOCK SYMBOL: THO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Five Below – Five Below reported adjusted quarterly profit of 35 cents per share, beating estimates by 3 cents a share. The discount retailer's revenue was also above Street forecasts. Comparable-store sales were below forecasts for the first quarter, however, but Five Below issued upbeat revenue guidance for the current quarter.

    STOCK SYMBOL: FIVE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Natural Foods – United Natural earned an adjusted $1.04 per share for its latest quarter, 11 cents a share above estimates. Revenue was also above forecasts, hitting a record high. The food supplier – which counts Amazon's Whole Foods among its customers – also raised its full-year forecast.

    STOCK SYMBOL: UNFI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Zscaler – Zscaler reported a quarterly loss of 2 cents per share, 6 cents a share smaller than forecasts. The cybersecurity company also saw better-than-expected revenue for its latest quarter, and the company gave an upbeat outlook for the current quarter.

    STOCK SYMBOL: ZS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Allergan – Investor Carl Icahn has acquired a small stake in the drugmaker, according to multiple reports. Icahn didn't comment on his investment, but Allergan told CNBC it welcomes all investments in the company.

    STOCK SYMBOL: AGN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Johnson & Johnson – J&J received a $2.7 billion offer from industrial equipment maker Fortive for its medical equipment sterilization unit. J&J confirmed receiving the offer and said it had four months to accept it.

    STOCK SYMBOL: JNJ

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    TrueCar – TrueCar was downgraded to "sell" from "neutral" at Goldman Sachs, which points to increasing competition for the car-buying service.

    STOCK SYMBOL: TRUE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Laboratory Corp. – LabCorp was upgraded to "overweight" from "sector weight" at KeyBanc, which said the medical lab operator would benefit from its contracts with UnitedHealth Group and Aetna.

    STOCK SYMBOL: LH

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cloudera – Cloudera lost 17 cents per share for the first quarter, a penny a share smaller than anticipated. The cloud software company's revenue came in above forecasts.

    STOCK SYMBOL: CLDR

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    MongoDB – MongoDB matched Street forecasts, with a first-quarter loss of 43 cents per share. The database company's revenue topped estimates. MongoDB reported a 48 percent jump in expenses, as it spent more on sales, marketing, and research and development.

    STOCK SYMBOL: MDB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    AT&T – AT&T was cut to "hold" from "buy" at Jefferies, which said convergence and consolidation in pay-TV and telecom will result in slower growth and limited profit margin expansion.

    STOCK SYMBOL: T

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Conn's – The retailer reported adjusted quarterly profit of 40 cents per share, beating the consensus estimate of 27 cents a share. Revenue beat forecasts as well, even though comparable-store sales fell 3.5 percent.

    STOCK SYMBOL: CONN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Vail Resorts – The resort operator reported quarterly earnings of $6.17 per share, 5 cents a share above estimates. Revenue also beat forecasts. Vail Resorts said season pass sales were up 12 percent in units compared to a year ago, and up 19 percent in dollar terms.

    STOCK SYMBOL: MTN

    (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. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

    DISCUSS!

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

    I hope you all have an excellent trading day ahead today on this Thursday, June 7th, 2018! :)

    submitted by /u/bigbear0083
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    This is what public markets need!!! - Dimon, Buffett Urge CEOs to End Quarterly Earnings Forecasts

    Posted: 07 Jun 2018 07:27 AM PDT

    https://www.bloomberg.com/news/articles/2018-06-07/dimon-buffett-urge-companies-to-end-quarterly-earnings-guidance

    Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance.

    Buffett, who runs Berkshire Hathaway Inc., and Dimon, JPMorgan Chase & Co.'s chief executive officer, said in a joint Wall Street Journal editorial that they are encouraging all public companies to consider moving away the practice, arguing that it can stifle long-term investments.

    "Quarterly earnings guidance often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability," they said.

    The two men are among the financial industry's most powerful leaders. They have said the practice of telling Wall Street what to expect from earnings can distort management's priorities. In the latest appeal, they said companies often hesitate to spend on technology, hiring, and research and development to meet quarterly earnings forecasts that can be affected by seasonal factors beyond their control.

    submitted by /u/OptionsGeek
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    Webinar: Reliably find a directional edge and instantly leverage that into an OptionsPlay

    Posted: 07 Jun 2018 02:51 PM PDT

    During today's webinar on Find Your Directional Edge we covered how to gauge a stock's direction in this volatile market. See how you can confidently gauge when to enter and exit a trade within a few seconds using OptionsPlay! A must watch whether you're experienced or just starting out with trading stocks and options. Download the presentation slides to our presentation to follow along!

    Watch Webinar Recording

    submitted by /u/OptionsGeek
    [link] [comments]

    Inspirational Share Market Quotes

    Posted: 07 Jun 2018 06:03 AM PDT

    How do you trade the CIGS reclassification of FB and GOOG into telecommunications by sept 28

    Posted: 07 Jun 2018 10:58 AM PDT

    Asian Equities Over Night

    Posted: 07 Jun 2018 04:30 AM PDT

    Asian stocks rallied overnight with Nikkei 225 +0.87%, Hang Seng +0.81%, ASX 200 +0.53%. Some of our favorite equities from the region: $YY $WB $MOMO $TCEHY $TKPYY $SFTBY $NMR $WFD $QAN $SRX

    submitted by /u/QuantalyticsResearch
    [link] [comments]

    BBD tanked what happened

    Posted: 07 Jun 2018 09:19 AM PDT

    I have a few 8$ calls I don't really see panning out at this point

    submitted by /u/69bingbong69
    [link] [comments]

    LRCX is currently a Screaming Buy here today below $188

    Posted: 07 Jun 2018 07:04 AM PDT

    Five Below Up 15% Pre Market, Too High?

    Posted: 07 Jun 2018 05:47 AM PDT

    Five Below reported a quarterly beat this morning and comparable same-store sales declined. The only thing I can see that might have shed some light is the uptick in revenue guidance. Then again, there could be a large institution taking a large stake driving the price up.

    This to me is a great example of a crazy market move. The fundamentals of the company are not stellar but they are okay, large ROE and little debt. But overall the 15% I think is a bit much and is too high right now.

    What do you think are you buying or selling $FIVE?

    submitted by /u/sisumoney
    [link] [comments]

    What Happened to Volatility?

    Posted: 07 Jun 2018 05:17 AM PDT

    VIX spot is below 12 now. Where did the volatility go? VIX was at 24 at the end of March!

    submitted by /u/QuantalyticsResearch
    [link] [comments]
    Read more
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