• Breaking News

    Thursday, August 9, 2018

    Stock Market - Musk Mystery Enters Day 3 as Pressure to Show the Money Mounts

    Stock Market - Musk Mystery Enters Day 3 as Pressure to Show the Money Mounts


    Musk Mystery Enters Day 3 as Pressure to Show the Money Mounts

    Posted: 09 Aug 2018 06:25 AM PDT

    https://www.bloomberg.com/news/articles/2018-08-08/tesla-take-private-skepticism-grows-after-musk-s-funding-claim

    Wall Street and Washington have the same question for Elon Musk: Where's the money?

    Two days after he vowed on Twitter that he had "funding secured" for a spectacular $82 billion deal to take Tesla Inc. private, he has offered no evidence to back up the statement. No one has stepped forward publicly -- or privately -- to say they're behind the plan. People with or close to 15 financial institutions and technology firms who spoke on the condition of anonymity said they weren't aware of financing having been locked in before Musk's tweet.

    All of which could be problematic as the Securities and Exchange Commission starts investigating the matter. Regulators have asked the company if what Musk tweeted was factual and why such a disclosure was made via social media rather than in a filing, according to the Wall Street Journal, citing unidentified people familiar with the matter. Judith Burns, an SEC spokeswoman, declined to comment. Tesla also declined to comment.

    "When Musk tweeted this, was he saying this was something that was definitely going to happen? Something that might happen?" said Ira Matetsky, a partner at Ganfer & Shore in New York, outlining questions the SEC might ask. "How would a reasonable investor interpret that and was it consistent with the facts as they existed at the time?"

    'I Wish'

    Tesla fell 0.8 percent to $367.50 in trading before U.S. exchanges opened Thursday -- well below the $420 at which Musk said shareholders would be bought out.

    The chief executive officer raised the go-private possibility with the board last week, according to a statement from six of Tesla's nine directors. They said he had "addressed the funding for this to occur," without providing details.

    As for Tesla shareholders, Musk said in one of his Twitter posts that "investor support is confirmed" for his plan. The largest shareholders declined to comment. At the California State Teachers' Retirement System, which as of March owned about 213,000 shares, spokeswoman Michelle Mussuto said there was no advance warning.

    "We have not been contacted by Tesla IR," she said. "They didn't reach out before the tweet either."

    Leaving the public marketplace isn't a new vision for Musk, who told Rolling Stone in an interview published in November, "I wish we could be private with Tesla. It actually makes us less efficient to be a public company."

    In April 2017, when Musk held talks with Masayoshi Son about SoftBank Group Corp. investing in the electric carmaker, they touched on the possibility of fulfilling Musk's wish, according to two people with knowledge of the discussions. The talks failed to progress due to disagreements over ownership and have not started up again.

    submitted by /u/OptionsGeek
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    Your Favorite Free "How to Trade on Stock Market" Ebook

    Posted: 09 Aug 2018 02:21 PM PDT

    I would like to do some research before jumping in the stock market.

    Do you have any Favorite free ebook on the stock market that I can download?

    submitted by /u/nksurfing123
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    Is the Stock Market highly Overvalued now.

    Posted: 09 Aug 2018 09:25 AM PDT

    https://isthestockmarketgoingtocrash.com/

    Based on numbers from this site, it seems the US Total Stock market cap as a ratio of GDP is 125%. For perspective, at the height of 2000 Dot com bubble, this ratio was 128%.

    Do you guys think the current market valuation is reaching insane levels. How different is this time compared to 2000 bubble.

    submitted by /u/peerless2299
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    Price Action Livestream with Scott Phillips

    Posted: 09 Aug 2018 03:38 PM PDT

    Hey everyone, there is a Youtube price action livestream talking about candlesticks and how to read the tape/level 2 from expert trader Scott Phillips. Going live in 30 mins (7pm EST) : https://www.youtube.com/watch?v=Zn8Mm8LTAR8

    submitted by /u/st4yd0wn
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    Asking for a friend

    Posted: 09 Aug 2018 12:56 AM PDT

    I am a novice with interactive brokers

    I am trying to buy 9% Nov15'18 US-T GOVT bond.

    Face value 1,000.0

    Coupon 9%

    Semi-annual payment

    I am buying at ask price $1,019.01

    15/10/18 in 99 days from now I will get face value $1,000.0 + half of a coupon 4.5% =$45=$1045.00

    I paid $1,019.01

    I get $1,045.00

    Difference $25.99 is my income.

    Is it right counting?

    submitted by /u/PeteRoy
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    Alot of people have asked me recently about the danger of options. They have heard that most option traders lose their money and they wanted to know is that true. It absolutely is true! If you can't produce consistent returns trading stocks or ETF'S, then don't trade options.

    Posted: 09 Aug 2018 02:37 PM PDT

    2 Closed Trades Today 8/9/18 12.82% Average Gain per Trade

    5 Closed Trades This Week 8/9/18 +12.10% Average Gain per Trade

    10 Closed Trades in August 12.33% Average Gain per Trade

    Yesterday's Open Positions

    1. Long VIX Calls: Still Open
    2. Long GDX Calls: Closed: +19.25% Gain
    3. Long XOP Calls: Still Open

    Current Short Term Outlook:

    1. Bullish Volatility
    2. Bullish Oil & Gas Co's

    Current Open Positions:

    1. Long VIX Calls August-22nd-12
    2. Long XOP Calls August-17th-41
    submitted by /u/JayFig_The_Trader
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    Why I PERSONALLY Believe stocks to be overvalued.

    Posted: 09 Aug 2018 06:15 AM PDT

    If you plan and to hold a your stocks until you die, invest in individual companies or be a trader, this is not useful. Lets get this clear, this is my opinion and most importantly it does not mean a particularly company is over valued it means I believe the market as a whole is overvalued.

    1. Most basic point it. It has been over 10 years since we have had a real bear market. One is just kinda over due. And it has not like we have had the growth to justify it. The US economy has been slow to come back from 08, in comparison to other crashes. Not to say thats not understandable, 08 was much worse then other crashes, but the stock market has not reflected the lack luster growth.
    2. Unnaturally low interest rates(and other underperforming assets) driving demand for US stocks. As you all know asset classes compete with each other. People only have so much money to invest and if one class is giving good returns it draws capital to itself and away from other classes. US bonds have had low interest rates historically speaking. When 10 years are below 3%( which seems normal now) less investors are willing to buy, driving an increase demand for stocks. Furthermore, other stock markets have not been preforming very well. The ftse has only return 15% in the last 5 years. Shanghai comp is at 35% in 5 years.(not the best indicated as they had a MASSIVE bubble.) Dax and Nikkei have done better at 51 and 65% over 5 years. (S&P returned ~68% which means Nikkei outperformed S&P as yen is deflating while USD is inflating) Gold has not moved almost at all in 5 years. The only large asset class I see that has done pretty well is real estate, in certain areas( in some cities I think it has entered a bubble.) From what it seems to me most people are heavily into US equities as they are returning the best.
    3. Cape ratio or the Cyclicly adjusted p/e ratio is a good way at judging what the average p/e on a stock is (in S&P).

    http://www.multpl.com/shiller-pe/

    As you can see we are at a pretty high evaluation. Your really not getting the bang for your buck currently. This could be explained by amazon using a different model of never earning money and keeping a very high P/E. (I don't think NFLX is the same, I think they are just overvalued) However, I don't think that alone would change it a lot.

    4) Things I do not know but would like to.

    How the massive popularity ETF changes this.

    How stock buybacks changes this. (Is this even new? I have heard more and more companies doing this but I don't know if its a new thing or just something that got popular again.)

    In conclusion: Could the market go to a higher level from here? Yes. However, I think we have a greater chance of going into a bear market from this point.

    submitted by /u/HundredRAWR
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    Prepare for the nosedive: Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $39.9 million of Shares + sheryl sandberg + cpo also selling tons of

    Posted: 09 Aug 2018 07:50 AM PDT

    Full article at:

    https://www.cityfalcon.com/news/stories/6ece6c90-e526-4977-9c97-a498fd637d3d?pk_campaign=lb_r

    If I was an investor I'd be worried:

    COB and CEO of Facebook Inc (NASDAQ:FB) Mark Zuckerberg sold 218,000 shares of FB on 08/06/2018 at an average price of $183.07 a share. The total sale was $39.9 million.

    CEO Recent Trades:

    COB and CEO, 10% Owner Mark Zuckerberg sold 210,000 shares of FB stock on 08/08/2018 at the average price of $185.45. The price of the stock has decreased by 0.15% since.

    COB and CEO, 10% Owner Mark Zuckerberg sold 236,000 shares of FB stock on 08/07/2018 at the average price of $185.04. The price of the stock has increased by 0.08% since.

    COB and CEO, 10% Owner Mark Zuckerberg sold 218,000 shares of FB stock on 08/06/2018 at the average price of $183.07. The price of the stock has increased by 1.15% since.

    COB and CEO, 10% Owner Mark Zuckerberg sold 420,000 shares of FB stock on 08/03/2018 at the average price of $176.12. The price of the stock has increased by 5.14% since.

    COB and CEO, 10% Owner Mark Zuckerberg sold 137,400 shares of FB stock on 08/01/2018 at the average price of $172.93. The price of the stock has increased by 7.08% since.

    Directors and Officers Recent Trades:

    VP and General Counsel Colin Stretch sold 750 shares of FB stock on 08/01/2018 at the average price of $174. The price of the stock has increased by 6.43% since.

    Director Peter Thiel sold 2,256 shares of FB stock on 07/27/2018 at the average price of $175.95. The price of the stock has increased by 5.25% since.

    VP and General Counsel Colin Stretch sold 750 shares of FB stock on 07/25/2018 at the average price of $215.81. The price of the stock has decreased by 14.19% since.

    Chief Product Officer Christopher K Cox sold 10,600 shares of FB stock on 07/23/2018 at the average price of $210.66. The price of the stock has decreased by 12.1% since.

    COO Sheryl Sandberg sold 55,000 shares of FB stock on 07/19/2018 at the average price of $208.53. The price of the stock has decreased by 11.2% since.

    submitted by /u/cidadefalcao
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    Can someone explain how dividends work ?

    Posted: 09 Aug 2018 05:58 AM PDT

    Anyone can tell me how they started up? Or better yet any tutorials ?

    Is this a yearly pay out ?

    Fuck googling it up I want personal experience :) thanks 🙏🏻

    [sorry if wrong sub, I will delete]

    submitted by /u/dagser
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    3 ETFs for 2018 and Beyond

    Posted: 09 Aug 2018 05:31 AM PDT

    https://m.youtube.com/watch?v=RrLoqPgGYjY

    In this video I give you three ETFs and one index fund that you should consider investing in for 2018 and beyond! The three ETFs are heavily focused on technology, but offer safer ways to invest in the respective industries.

    All of these selections carry relatively low expense ratios and give you exposure to investment themes that should be growing in popularity over the next 5-10 years! This is not a suggestion to buy, investors are always encouraged to do their own research!

    submitted by /u/dmwes4
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    Elon your plan is working

    Posted: 09 Aug 2018 09:50 AM PDT

    Keep doing what your doing :-)

    submitted by /u/vasquca1
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