| TSLA uptick rule Posted: 30 Sep 2018 05:51 AM PDT Just a quick reminder, since Tsla dropped more than 10% on Friday the uptick rule is still in effect Monday meaning shorts can't sell at market. This will make Monday's rally extra spicy. submitted by /u/analyst_84 [link] [comments] |
| Simple P/E ratio question Posted: 30 Sep 2018 06:22 AM PDT Basicly the price earnigns ratio, the earning part is earnings per year , right? So a P/E of 150 = 150 years for that stock to earn what you paid for it at the current earnings rate of last year ? submitted by /u/kirri008 [link] [comments] |
| What are your favorite defensive stocks? Posted: 30 Sep 2018 08:12 AM PDT Looking to add a few defensive stocks and offload some tech stocks, what are your favorite dividend paying stocks that are a bit more on the defensive side? I am considering $BUD as it pays 5% dividend and is in a sector that outperforms in bear markets. submitted by /u/juggyfish [link] [comments] |
| Musk out at Board Chairman, settles with SEC Posted: 29 Sep 2018 02:40 PM PDT https://www.sec.gov/news/press-release/2018-226 Highlights: - Musk will step down as Tesla's Chairman and be replaced by an independent Chairman. Musk will be ineligible to be re-elected Chairman for three years;
- Tesla will appoint a total of two new independent directors to its board;
- Tesla will establish a new committee of independent directors and put in place additional controls and procedures to oversee Musk's communications;
- Musk and Tesla will each pay a separate $20 million penalty. The $40 million in penalties will be distributed to harmed investors under a court-approved process.
submitted by /u/generousone [link] [comments] |
| Stock Market Thread for the trading week beginning October 1st, 2018 Posted: 30 Sep 2018 07:38 AM PDT Hello traders of the r/stocks sub! Here is everything you need to know to get you ready for the new trading week of October 1st - 5th, 2018. S&P 500 posts best quarter since 2013 - (Source) - For the quarter, the S&P 500 rose 7.2 percent, its best quarterly gain since the fourth of quarter 2013.
- Equities rose broadly as investors cheered stronger-than-expected quarterly results.
- The major indexes closed little changed on Friday, however, amid lingering trade fears.
Stocks could be bucking for new highs, even as the market deals with negative cross currents in what historically has been a weak month.
Stocks closed little changed as investors wrapped up a quarter that featured strong gains.
For the quarter, the S&P 500 rose 7.2 percent, its best quarterly gain since the fourth quarter of 2013. The Nasdaq Composite also notched a 7.1 percent quarterly gain, its best since first quarter 2017. The Dow Jones Industrial Average outperformed in the third quarter, rising 9.3 percent.
Health care was the best-performing sector of the third quarter, surging 14.1 percent, its best quarterly gain since the first quarter of 2013. Industrials and tech, meanwhile, rose 9.7 percent and 8.5 percent.
Equities rose broadly as investors cheered stronger-than-expected quarterly results. Calendar second-quarter earnings for the S&P 500 rose 25 percent on a year-over-year basis, with 77.6 percent of companies topping analyst expectations, FactSet data show.
Heading into the fourth quarter, investors will face uncertainty amid a hotly anticipated mid-term election in November. Democrats are expected to gain a majority in the House as well as increase their seat count in the Senate. This could delay, or even thwart, the Trump administration's economic agenda.
Trade concerns, which capped gains on Friday, will also linger heading into year-end. The S&P 500 fell marginally Friday to 2,913.98 while the Nasdaq eked out a small gain to close at 8,046.35. The Dow, meanwhile, climbed 18.38 points to 26,458.31 as Intel and Boeing outperformed.
(Click Here to read the full article!)
This past week saw the following moves in the S&P: Major Indices for this past week: Major Futures Markets as of Friday's close: Economic Calendar for the Week Ahead: Sector Performance WTD, MTD, YTD: Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close: S&P Sectors for the Past Week: Major Indices Pullback/Correction Levels as of Friday's close: Major Indices Rally Levels as of Friday's close: Most Anticipated Earnings Releases for this week: Here are the upcoming IPO's for this week: Friday's Stock Analyst Upgrades & Downgrades:
Is This Really One of the Calmest Markets Ever? As hard as it might be to believe, U.S. equities historically have been calm over the past few months. "If all you listened to was the news, you would think markets were having huge bouts of volatility. Turns out, that isn't true at all, as the past three months have been among the least volatile in history," explained Senior Market Strategist Ryan Detrick. As our LPL Chart of the Day shows, the S&P 500 Index has now gone 64 consecutive days without a 1% change either up or down, barely topping the streak of 62 days seen in 2014. Going back to 1990, only 1993, 1995 and 2017 had longer streaks without a 1% daily change, and those years are widely considered among the least volatile in history. How many people would be aware of this? We are willing to guess not many, as even we were surprised, and we do this each and every day. This reminded us of a recent stat in Barron's, citing a survey from robo-advisory firm Betterment, in which 18% of the 2,000 people surveyed actually thought stocks had been down the past 10 years. Given the S&P 500 Index is poised for a tenth consecutive yearly gain in 2018 (on a total return basis), the perception that stocks have been down the past 10 years seems inconceivable. Let's sum it up like this: When it comes to investing, we need to remove our biases and simply follow the facts.
October's First Trading Day Not So Great over Last 21 years Based upon data in the soon to be available Stock Trader's Almanac for 2018 on page 86, the first trading day of October is DJIA's fourth weakest of all monthly first trading days since September 1997. August, September and December have been weaker. S&P 500 has been down 11 of the last 21 years on the first trading day of October. DJIA's record is slightly better with 10 declines and NASDAQ's performance has been the worst of the group, down 11 times with an average loss of 0.35%. DJIA's current four week streak of declines on Monday (or the first trading day of the week) could easily become five.
STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 28th, 2018 ([CLICK HERE FOR THE YOUTUBE VIDEO!](LINK REMOVED) STOCK MARKET VIDEO: ShadowTrader Video Weekly 9.30.18 ([CLICK HERE FOR THE YOUTUBE VIDEO!](LINK REMOVED)
Here are the most notable companies reporting earnings in this upcoming trading week ahead-
- $COST
- $SFIX
- $PEP
- $STZ
- $SGH
- $PAYX
- $LEN
- $CALM
- $AYI
- $LW
- $SNX
- $RPM
- $PIR
- $ISCA
- $NG
- $LNDC
- $RECN
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
Monday 10.1.18 Before Market Open: Monday 10.1.18 After Market Close:
Tuesday 10.2.18 Before Market Open: Tuesday 10.2.18 After Market Close:
Wednesday 10.3.18 Before Market Open: Wednesday 10.3.18 After Market Close:
Thursday 10.4.18 Before Market Open: Thursday 10.4.18 After Market Close:
Friday 10.5.18 Before Market Open: NONE.
Friday 10.5.18 After Market Close: NONE.
Costco Wholesale Corp. $234.88 Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, October 4, 2018. The consensus earnings estimate is $2.34 per share on revenue of $44.40 billion and the Earnings Whisper ® number is $2.35 per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 12.50% with revenue increasing by 4.96%. Short interest has decreased by 27.4% since the company's last earnings release while the stock has drifted higher by 20.2% from its open following the earnings release to be 14.8% above its 200 day moving average of $204.58. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 14, 2018 there was some notable buying of 787 contracts of the $240.00 call and 689 contracts of the $240.00 put expiring on Friday, October 5, 2018. The stock has averaged a 2.8% move on earnings in recent quarters.
Stitch Fix, Inc. $43.77 Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Monday, October 1, 2018. The consensus earnings estimate is $0.04 per share on revenue of $318.90 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat The company's guidance was for revenue of $310.00 million to $320.00 million. Short interest has increased by 68.3% since the company's last earnings release while the stock has drifted higher by 104.7% from its open following the earnings release to be 63.6% above its 200 day moving average of $26.76. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 14, 2018 there was some notable buying of 14,064 contracts of the $55.00 call expiring on Friday, October 19, 2018. The stock has averaged a 15.1% move on earnings in recent quarters.
PepsiCo, Inc. $111.80 PepsiCo, Inc. (PEP) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, October 2, 2018. The consensus earnings estimate is $1.56 per share on revenue of $16.44 billion and the Earnings Whisper ® number is $1.60 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.41% with revenue increasing by 1.23%. Short interest has decreased by 39.6% since the company's last earnings release while the stock has drifted higher by 1.1% from its open following the earnings release to be 1.5% above its 200 day moving average of $110.14. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 28, 2018 there was some notable buying of 3,027 contracts of the $118.00 call expiring on Friday, October 19, 2018. The stock has averaged a 1.4% move on earnings in recent quarters.
Constellation Brands, Inc. $215.62 Constellation Brands, Inc. (STZ) is confirmed to report earnings at approximately 7:30 AM ET on Thursday, October 4, 2018. The consensus earnings estimate is $2.58 per share on revenue of $2.24 billion and the Earnings Whisper ® number is $2.61 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.45% with revenue decreasing by 2.49%. Short interest has increased by 22.8% since the company's last earnings release while the stock has drifted lower by 2.3% from its open following the earnings release to be 1.4% below its 200 day moving average of $218.78. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 19, 2018 there was some notable buying of 74,325 contracts of the $250.00 call expiring on Friday, January 18, 2019. The stock has averaged a 4.5% move on earnings in recent quarters.
SMART Global Holdings, Inc. $28.74 SMART Global Holdings, Inc. (SGH) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, October 4, 2018. The consensus earnings estimate is $1.66 per share on revenue of $368.23 million and the Earnings Whisper ® number is $1.68 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat The company's guidance was for earnings of $1.62 to $1.71 per share on revenue of $360.00 million to $380.00 million. Consensus estimates are for year-over-year earnings growth of 127.40% with revenue increasing by 65.11%. Short interest has increased by 3.3% since the company's last earnings release while the stock has drifted lower by 28.1% from its open following the earnings release to be 22.5% below its 200 day moving average of $37.06. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 11.7% move on earnings in recent quarters.
Paychex, Inc. $73.65 Paychex, Inc. (PAYX) is confirmed to report earnings at approximately 8:30 AM ET on Tuesday, October 2, 2018. The consensus earnings estimate is $0.65 per share on revenue of $852.28 million and the Earnings Whisper ® number is $0.66 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.84% with revenue increasing by 4.34%. Short interest has decreased by 5.3% since the company's last earnings release while the stock has drifted higher by 6.3% from its open following the earnings release to be 8.7% above its 200 day moving average of $67.79. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 12, 2018 there was some notable buying of 4,000 contracts of the $67.50 put expiring on Friday, December 21, 2018. The stock has averaged a 2.1% move on earnings in recent quarters.
Lennar Corp. $46.69 Lennar Corp. (LEN) is confirmed to report earnings at approximately 6:00 AM ET on Wednesday, October 3, 2018. The consensus earnings estimate is $1.27 per share on revenue of $5.67 billion. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 19.81% with revenue increasing by 73.85%. Short interest has increased by 30.8% since the company's last earnings release while the stock has drifted lower by 11.7% from its open following the earnings release to be 16.9% below its 200 day moving average of $56.19. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 26, 2018 there was some notable buying of 5,537 contracts of the $60.00 call expiring on Friday, January 17, 2020. The stock has averaged a 4.5% move on earnings in recent quarters.
Cal-Maine Foods $48.30 Cal-Maine Foods (CALM) is confirmed to report earnings at approximately 6:30 AM ET on Monday, October 1, 2018. Investor sentiment going into the company's earnings release has 39% expecting an earnings beat. Short interest has increased by 7.8% since the company's last earnings release while the stock has drifted higher by 6.2% from its open following the earnings release to be 4.5% above its 200 day moving average of $46.21. The stock has averaged a 3.0% move on earnings in recent quarters.
Acuity Brands, Inc. $157.20 Acuity Brands, Inc. (AYI) is confirmed to report earnings at approximately 8:30 AM ET on Wednesday, October 3, 2018. The consensus earnings estimate is $2.56 per share on revenue of $1.01 billion and the Earnings Whisper ® number is $2.62 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.79% with revenue increasing by 5.47%. Short interest has decreased by 13.6% since the company's last earnings release while the stock has drifted higher by 21.7% from its open following the earnings release to be 11.6% above its 200 day moving average of $140.82. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, September 11, 2018 there was some notable buying of 804 contracts of the $90.00 call expiring on Friday, November 16, 2018. The stock has averaged a 10.3% move on earnings in recent quarters.
Lamb Weston Holdings, Inc. $66.60 Lamb Weston Holdings, Inc. (LW) is confirmed to report earnings at approximately 8:30 AM ET on Tuesday, October 2, 2018. The consensus earnings estimate is $0.68 per share on revenue of $879.00 million and the Earnings Whisper ® number is $0.71 per share. Investor sentiment going into the company's earnings release has 40% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 19.30% with revenue increasing by 7.52%. Short interest has decreased by 0.1% since the company's last earnings release while the stock has drifted lower by 3.0% from its open following the earnings release to be 6.0% above its 200 day moving average of $62.83. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 2.8% move on earnings in recent quarters.
DISCUSS! What are you all watching for this week? Good trading to everyone in here on this new trading week/month and quarter ahead!
Have a fantastic Sunday r/stocks! :) submitted by /u/bigbear0083 [link] [comments] |
| It seems like technical and fundamental trading involve wholly opposite philosophies but people tell me to use both for the best results. Posted: 30 Sep 2018 09:42 AM PDT I understand fundamental investing fairly well. You look at a company and value it based off of predicted future cash flows. If the price of its stocks falls it becomes a more attractive buy, if stocks goes up it gets less attractive. But technical traders do the opposite. If something goes up and has a bullish trend they are more inclined to buy even though they are now buying at a higher price which is riskier as it imputes higher expectations on the company. Technical trading doesn't seem be rational to me as you just buy stuff because other people are. Seems like this line of thinking has fueled all famous manias throughout history. Can someone resolve this dichotomy for me. submitted by /u/Let_It_Steep [link] [comments] |
| Blockchain ETFs Posted: 30 Sep 2018 11:55 AM PDT Hey guys, does anyone know of some solid ETFs that focus primarily on block chain technology? I believe that blockchain is a big up and coming technology that will take off in the next few years. Anyone have good recommendations of companies/funds that are focusing heavily on the technology? Also what are your thoughts on this new sector? submitted by /u/lilcharliebrown [link] [comments] |
| India globalization company Posted: 30 Sep 2018 11:20 AM PDT |
| How important is the US to the global economy? Posted: 30 Sep 2018 11:01 AM PDT If the US were to take a tumble, which other countries would also take a hit? To what extent? And who would likely benefit? Thanks in advance! submitted by /u/xAkdas [link] [comments] |
| any good investment message boards you guys can recommend? Posted: 30 Sep 2018 01:54 PM PDT I know the ones on Reddit, but are there any other good one with decent activity? Google search didn't really turn up anything interesting for me. submitted by /u/bulbishNYC [link] [comments] |
| When do we expect a FB bounce back? Posted: 30 Sep 2018 11:20 AM PDT Seems to be holding out at ~160. Could definitely drop to previous lows with the recent breach. My question is, for how long will this dry period last for FB, and how important are the November earnings to the near term movements of the stock? I know this is impossible to know, but I thought I'd ask anyway. Thanks in advance! submitted by /u/xAkdas [link] [comments] |
| Best monthly dividend stocks? Posted: 29 Sep 2018 06:39 PM PDT Looking into getting into dividend stocks, currently considering $O, but interested in what everyone else is invested in. submitted by /u/ExqusiteLegacy [link] [comments] |
| What is the general outlook for 2018's bull market? Posted: 29 Sep 2018 06:20 PM PDT Particularily for a US S&P500 heavy portfolio. Is there any particular reason to believe the engine wont keep chuggin' along well into 2019? I know we havent had a crash in a decade, but isnt it a gamblers fallacy to think something is due because it hasnt happened in a while? Which non-US equity would you suggest as insulation from a US bear market? Thank you kindly. submitted by /u/Fueghost [link] [comments] |
| Commission-free trades until November. What stocks can I flip this quarter? Posted: 30 Sep 2018 12:16 AM PDT My brokerage (TD Ameritrade) is giving me commission free trades until November as a sign-on bonus (up to 300 trades, I've maybe used 30 so far). What stocks can I flip this quarter? General advice? submitted by /u/a_abdelaziz22 [link] [comments] |
| Due diligence Posted: 29 Sep 2018 05:19 PM PDT |
| Question about large stock price change right on market open. Posted: 29 Sep 2018 10:37 PM PDT Noob question: Take for example TSLA closes 9/27/2018 at $307 and drops 11% lower the instant the market opens on 9/28/2018. Does this happen because during the off trading hours people hear bad news and decide they want to sell at 'market' price and place orders before market open while at the same time buyers have set their limit orders to around $278 (also before market open). I guess without some sort of bad news over the night have buyers placing limit orders at prices closer to previous days close? Is that more or less what happens when you see these huge drops that basically happens the instant the market opens? I guess the reverse is true for instant jumps. Lots of people placing orders to buy "at market price" while sellers set their limit orders much higher. submitted by /u/tmek [link] [comments] |
| Would buying Tesla stock be a good idea right now? Posted: 29 Sep 2018 10:28 PM PDT |
| First-time DSPP investor Posted: 29 Sep 2018 04:08 PM PDT I'm looking to buy stock for the first time and think my best bet is to go the DSPP route rather than use a broker. I'm not wanting to invest anything large (>$200) for my first time, and wanted to get opinions on the best companies to go with. This is more experimental than anything, as it is my first time ever investing. Just wanting to see how it works and hopefully leave a little richer at the end of the day. Thanks for your help! submitted by /u/klinej16 [link] [comments] |
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