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    Tuesday, October 2, 2018

    Stocks - r/Stocks Options Trading Tuesday - Oct 02, 2018

    Stocks - r/Stocks Options Trading Tuesday - Oct 02, 2018


    r/Stocks Options Trading Tuesday - Oct 02, 2018

    Posted: 02 Oct 2018 04:35 AM PDT

    These stock options discussions run every Tuesday & Thursday.

    Feel free to talk about options you have or ask questions on options. But before you ask any question make sure you see the following links:

    If you have a basic question, for example "what is Theta," then google "investopedia theta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    See past & current daily discussions here. And use this link to see past stock options discussions here.

    submitted by /u/AutoModerator
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    Global stocks are declining with the IMF’s warning about slowing growth dampening investor sentiment into 3Q earnings season

    Posted: 02 Oct 2018 04:44 AM PDT

    US Stocks

    • Global stocks are declining this morning following yesterday's positive start to the month as investors shift their focus to a slowing global growth outlook and the start of 3Q earnings season
    • US stocks index futures are pointing to a negative open in NY with the Dow Jones minis -0.27% S&P500 minis –0.21% and Nasdaq 100 minis –0.36%
    • While 3Q earnings season for the S&P500 is expected to be one of the best in recent years, with forecasted growth of +21.5% Y/Y, investors will be focused on company guidance as most of this growth is already priced into valuations
    • IMF Managing Director Christine Lagarde, during a speech in Washington DC yesterday, warned that the organization may lower its global growth forecasts as a result of escalating US-China trade tensions, rising interest rates and a stronger USD$ -- the IMF's updated forecast is expected next week; previously was projecting +3.9% global growth for CY2019
    • Goldman Sachs is reporting that 50 stocks in the S&P 500 with the strongest balance sheets outperformed stocks with the worst balances sheets for 6 straight quarters – Goldman defines a "strong" balance sheet as one which is not highly levered and suggesting rising interest rates are the main driver behind the outperformance of this "factor"
    • The VIX is little changed this morning and is currently at 11.78 after closing at 12 yesterday
    • Fortive Corp (FTV) October 19 OTM Calls & Puts; General Electric (GE) October 05, November 02 & November 16 OTM Puts; and VXX January 2019 OTM Calls are the most heavily traded options contracts in the US pre-market
    • US 10-Year Treasury Bonds are higher with yields down 2.61 basis points to 3.05%
    • The US Treasury 2s-10s Spread has narrowed 0.58 basis points to 0.26%
    • WTI Crude is currently up 2.8% to USD$75.3/bbl with the Brent-WTI spread down USD$-3.32 to USD$9.36/bbl
    • Gold is currently little changed 0.12% to USD$1190.46/oz
    • Citigroup is forecasting that the Brent-WTI spread will widen to CY2013-levels with bottlenecks in domestic US pipelines will prevent new output from reach Gulf Coast refiners and ports, causing US inventories to rise

    Stocks Trending in the News

    • Akzo Nobel NV (AKZN NV) will distribute USD$6.4bn to shareholders from the sale of its specialty chemicals business. The funds will be distributed using a capital consolidation of 2 billion euros, a 1 billion euros dividend will be paid and a 2.5 billion share buyback program will be undertaken. Akzo Nobel is trading 0.25% lower at 79.32 euros. Akzo Nobel is rated 'Neutral' in our European Large-Cap Global Top Picks
    • China Gas Distributors (384 HK) closed 8.8% lower at 20.20 in the wake of reports that the government may cut connection fees. The company may see its profit margin limited for these connections according to a note published by Citi. China Gas Distributors is rated 'Attractive' in our China All-Cap Global Top Picks
    • Fast Retailing (9983 JP) said Uniqlo September same store sales in Japan rose 6% y/y, including online sales. The cooler weather since mid-month has driven the sale of autumn apparel. Fast Retailing fell 0.99% to close at 58,250 yen. Fast Retailing is rated 'Top Buy' in our Japan Large-Cap Global Top Picks
    • Ferguson (FERG LN) shares are falling 4.9% at 6217 pence after reporting slower revenue growth slowed a bit in September. FY2018 growth of 7.6% has been hampered by slower growth in the UK though Ferguson expects "continued growth in the months ahead." Ferguson is rated 'Neutral' in both our European Large-Cap Global Top Picks and our United Kingdom Global Top Picks
    • Pepsi (PEP) saw growth return to it North American beverage unit which powered an estimate beat. Core earnings were $1.59 per share, beating consensus; revenue of USD$16.5bn also beat expectations. Pepsi is rated 'Attractive' in our US Large-Cap Global Top Picks and 'Neutral' in our US Consumer Staples Global Top Picks
    • Royal Dutch Shell (RDSA NA) confirmed the USD$31bn price tag for the project it is leading with partners to build an LNG export facility in western Canada. The project, called LNG Canada, is designed to give LNG exports the shortest route to Asia from Canada. It will be the largest infrastructure project in Canada ever. Royal Dutch Shell is trading 0.23% lower at 29.757 euros. Royal Dutch Shell is rated 'Attractive' in both our European Large-Cap Global Top Picks and our United Kingdom Global Top Picks
    • Royal Mail (RMG LN) is trading down 10.2% at 351.60 pence in the wake of a wave of downgrades since its profit warning Monday. Analysts were surprised by the size of the cut to its outlook with one writing it was "shocking in its scale and timing. Royal Mail has lost most of its post-IPO gains, having come public at 330 pence. Royal Main is rated 'Neutral' in our United Kingdom Global Top Picks
    • Ryanair (RYA ID) reported its slowest monthly growth in September amid labor strife. Ryanair posted 6% y/y growth as it was forced to cancel 400 flights, its slowest growth since 2014. Ryanair is trading 2.2% lower at 11.22 euros. Ryanair is rated 'Top Short' in our United Kingdom Global Top Picks
    • Siemens (SIE GR) was downgraded at HSBC to hold from buy. Its price target was cut to 123 euros from 140. Siemens is falling 2.7%, trading at 107.24 euros. A weaker outlook for growth was cited in the note. Siemens is rated 'Unattractive' in our European Large-Cap Global Top Picks
    • Tencent (700 HK) plans to file for an IPO for Tencent Music today according to press reports. The news was reported by IFR Asia. Tencent closed 1.9% lower at HKD$317. Tencent is rated 'Top Buy' in our China All-Cap Global Top Picks.

    European Stocks

    • European stocks are in the red with Italian deficit politics driving negative investor sentiment again this morning
    • The Euro Stoxx 600 is currently down -0.69%, the FTSE 100 has declined -0.52%, the DAX has fallen -0.72%, and the CAC 40 is lower by -0.96%
    • European investors have been spooked this AM following comments by the head of the Italian lower house budget committee who said that Italy could have solved its fiscal situation if it still had the Lira
    • The Euro continues its weakness with its fifth straight day of declines, currently down 0.44% to 1.1527
    • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.2x
    • Utilities (-0.08%), Food & Beverage (-0.17%), and Automobiles & Parts (-0.17%) stocks are the top performers in the Euro Stoxx 600 today
    • Industrial Goods & Services (-1.48%), Retail (-1.26%), and Technology (-1.14%) stocks are the worst performers in the Euro Stoxx 600 today
    • 83 stocks in the Euro Stoxx 600 are at 4-week highs while 46 stocks are at 4-week lows
    • 33 stocks in the Euro Stoxx 600 are overbought while 28 stocks are oversold according to the 16-day RSI Measure
    • VSTOXX, the European stocks equivalent of the VIX, is little changed this morning and is currently at 14.23 after closing at 14.23 yesterday
    • EUR€ is currently down -0.553% against the USD$ to 1.1514
    • GBP£ is currently down -0.728% against the USD$ to 1.2947
    • CHF is currently little changed against the USD$ at 1.0156
    • German 10-Year Bunds are higher with yields down -4.2 basis points to 0.429%
    • UK 10-Year GILTs are higher with yields down -4.6 basis points to 1.542%

    Asian Stocks

    • Asian stocks were mixed overnight, with Hong Kong stocks declining after being closed yesterday for the National Day holiday
    • Stocks strategists speculate China's weaker than expected Manufacturing PMI for September (released over the weekend) weighed on investor sentiment in Hong Kong and reinforced investment fears of slowing growth in China
    • Japanese stocks continue to climb, booking another day of gains after making a 27-year high in Monday's trading session
    • The Nikkei 225 finished up +0.1%, the Hang Seng ended down -2.38%, the Hang Seng China Enterprise declined -2.39%, and the CSI 300 was +1.04%
    • Investor sentiment for Japanese stocks finished positive with the advance/decline ratio for the Nikkei 225 closing at 2.21x
    • 62 stocks in the Nikkei 225 hit 4-week highs while 1 stocks reached 4-week lows
    • 62 stocks in the Nikkei 225 closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
    • Investor sentiment for Hong Kong stocks finished negative with the advance/decline ratio for the Hang Seng closing at 0.04x
    • 8 stocks in the Hang Seng hit 4-week highs while 2 stocks reached 4-week lows
    • 1 stock in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
    • Japan 10-Year Government Bonds are higher with yields down -0.6 basis points to 0.13%
    • JGBs 2s-10s Spread has narrowed 0.6 basis points to 0.24%
    • JPY¥ is currently down -0.184% against the USD$ to 113.72
    submitted by /u/QuantalyticsResearch
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    Setting a realtime heat map as screensaver?

    Posted: 02 Oct 2018 12:46 PM PDT

    Im trying to set my screensaver to a heatmap in realtime. No idea how to do this though

    submitted by /u/longinthatsheeit
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    Good time to enter $MU?

    Posted: 02 Oct 2018 09:21 AM PDT

    I've been watching it for 6 months. It's patterns are consistent and repetitive. Now it's at a low, looks good to me.

    Thoughts?

    submitted by /u/AdamCaveRoberts
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    $ABCFF | Aurora Cannabis | Live in Chicago Thursday, October 4, 4:30 pm CST. Register to attend.

    Posted: 02 Oct 2018 10:23 AM PDT

    Aurora Cannabis holds roughly C$700 million in cannabis investments beyond its own pot business. #smallcap #pot #cannabis #investor

    r/https://twitter.com/TheTruthStudio/status/1047174047027666944

    submitted by /u/cmiller1225
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    $AMD vs $NVDA. Which do you hold and why?

    Posted: 02 Oct 2018 02:04 PM PDT

    Keen to enter either. Favouring Nvidia for the fact its - dominant in GPUs - AI angle - Autonomus/datacenter - Fundamentally has a decent P/E 35-40x relatively, net cash position, low short % float

    submitted by /u/dvnielng
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    Goldman Sachs -- Any hope for this stock?

    Posted: 02 Oct 2018 02:02 PM PDT

    Bought it and am losing every day.... Help!

    submitted by /u/chloegreenleaf
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    (X-post from Investing) Value investing vs. Indexing - Conflicting views that coexist.

    Posted: 01 Oct 2018 10:50 PM PDT

    The indexing argument: Note - the below statements are from the perspective of buying individual stocks vs. passive index funds and not between buying passive index funds and actively managed funds. So, I don't mention fees. Markets are either completely or mostly efficient. Searching for inefficiencies are very expensive in terms of time and money. In the aggregate active investors can't outperform the market average return. Investors that hold the index (proxy for the market) benefit off of the hard work of the active investors (esp. the winners). A broad market index is by definition diversified. So it is a very convenient way of getting diversification with very little effort. It is helpful to think about indexing as a momentum strategy since it is market weighted and the stocks with more "momentum" get more of your money. This is in contrast to the value approach to investing. The Value Argument:

    1. The market is not efficient or has a reasonable level of inefficiency to prove an enterprising investor with a bargain opportunity - buying below intrinsic value.

    2. Buying companies below intrinsic value creates a margin of safety and limits downside risk.

    3. The realization of the intrinsic value by the market is what gives an above average return. Once the security is fairly valued then the expected returns are no longer going to be that high. Value investors diverge in their approach at this point.

    4. Early Buffett/Graham/Klarman would discard these companies at this point. Older Buffett/Munger would continue to hold. I don't really want to get into the different approaches to value investing but the crux of the philosophy is exploiting the market inefficiency to find bargain deals.

    5. Buying momentum stocks is risky and should be avoided since the company is overvalued. At the worst you will lose a significant amount of capital. At the least you will get a mediocre return. There is enough literature and data to back both of these approaches. I understand that being a successful value investor is hard and very few possess the skills, intelligence and temperament. So getting the average return by buying the index is the most feasible approach for most people. There is considerable disparity between well known value investors about these 2 approaches. Here are a few: Warren Buffett: Warren is the most famous and the most successful value investor. His view has been that buying the index is a very good strategy for most people: http://www.berkshirehathaway.com/letters/2013ltr.pdf

    "I have good news for these non-professionals: The typical investor doesn't need this skill. In aggregate, American business has done wonderfully over time and will continue to do so (though, most assuredly, in unpredictable fits and starts). In the 20th Century, the Dow Jones Industrials index advanced from 66 to 11,497, paying a rising stream of dividends to boot. The 21st Century will witness further gains, almost certain to be substantial. The goal of the non-professional should not be to pick winners – neither he nor his "helpers" can do that – but should rather be to own a cross-section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal."

    Seth Klarman: Value investor that has been praised by Buffet Himself. Sees indexing as a "horrendous idea": https://www.gurufocus.com/news/610303/seth-klarman-on-passive-investing

    "I still think indexing is a horrendous idea for a number of reasons. That said, the average person who spends a very small amount of time on investing doesn't have a lot of good choices out there. A tremendous disservice is perpetrated by the idea that stocks are for the long run, because you have to make sure you are around for the long run, that when you have unexpected pain, as many people did in 2008, you don't get out and you actually are a buyer. The prevailing view has been that the market will earn a high rate of return if the holding period is long enough, but the entry point is what really matters. Stocks trade up when they are put in an index. So, index buyers are overpaying just because a stock is included in an index. I am much more inclined to buy a stock that has been kicked out of an index because then it may have value characteristics—it has underperformed. A stock is kicked out of an index because its market cap has shrunk below the top 500 or the top 1,000. We all know that the evidence shows that when you enter at a low price, you will have good returns, and when you enter at a high valuation, you will have poor returns. That is why we have had 10–12 years of zero returns in the market. And given the recent run-up, I am worried that we will have another 10 years of, if not zero, at least very low returns from today's valuations. The mentality of "I'll save transaction costs and management fees by indexing" ignores the fact that the underlying still needs to produce for you. Indexing usually refers to equities, but the attractive asset class a year ago, on a risk-adjusted basis, was clearly debt, not equity."

    And from his book Margin of Safety:

    "I believe that indexing will turn out to be just another Wall Street fad. When it passes, the prices of securities included in popular indexes will almost certainly decline relative to those that have been excluded. More significantly, as Barron's has pointed out, "A self-reinforcing feedback loop has been created, where the success of indexing has bolstered the performance of the index itself, which, in turn promotes more indexing."" When the market trend reverses, matching the market will not seem so attractive, the selling will then adversely affect the performance of the indexers and further exacerbate the rush for the exits."

    Aswath Damodaran:

    The dean of valuation looks at indexing favorably. It boils down to a personal choice and he likens active investing to an act of faith: http://aswathdamodaran.blogspot.com/2016/12/active-investing-rest-in-peace-or.html

    "In fact, I have made peace with the possibility that at the end of my investing life, I could look back at the returns that I have made over my active investing lifetime and conclude that I could have done as well or better, investing in index funds. If that happens, I will not view the time that I spend analyzing and picking stocks as wasted since I have gained so much joy from the process. In short, if you don't like markets and don't enjoy the process of investing, my advice is that you put your money in index funds and spend your time on things that you truly enjoy doing!"

    Benjamin Graham: The intellectual father of value investing. It is interesting that although he spent considerable effort writing about value investing for the "defensive" (average) investor he actually was a proponent of index funds. https://blogs.wsj.com/totalreturn/2015/04/03/would-benjamin-graham-have-hated-index-funds/

    "Stockholders as a whole must prosper or suffer with the rise and fall of corporations as a whole....An unabashed cross-section approach appears too simple to be sound, and it reduces the role of security analysis to a minimum. We suggest that the student should not dismiss it too contemptuously. It is by no means certain that the analyst will get better results from the type of selectivity most favored in Wall Street— viz., picking out the industries or individual companies that are likely to make the best comparative showing in the near future.... If we could assume that price of each of the leading issues already reflects the expectable developments of the next year or two, then a random selection should work out as well as one confined to those with the best near-term outlook."

    From The Intelligent Investor chapter 14 - Stock Selection for the defensive investor: "In setting up this diversified list he (the defensive investor) has two approaches, The DJIA-type of portfolio and the quantitatively tested portfolio. In the first he acquires a true crossss-section sample the leading issues, which will include both some favored growth companies, whose shares sell at high multipliers, and also less popular and less expensive enterprises."

    My own views are that indexing is a no-brainer method to benefit from the compounding of the advances of the American/world economy. Value investing although sound in idea is extremely hard to consistently get right. I do pick individual stocks as well but for a lot of the same reasons as Damodaran with the understanding that they have a good chance to be a headwind to my portfolio in the long run.

    submitted by /u/nowrongturns
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    "Companies that pay dividends are a bad investment"

    Posted: 02 Oct 2018 10:47 AM PDT

    I don't understand this statement, as i've seen it plenty of times. I have half my "Pie" so to say in my Roth IRA as long term Dividend Stocks (Mostly blue chip companies that face steady long term growth).

    I even do the same thing on my free m1 brokerage account (Yes I realize I will pay taxes on those dividends, but it isn't the ENTIRE amount obviously, especially on qualified ones)

    Now I do agree companies that pay super high dividends are usually a trap (Outside of solid REIT's that pay 6% or so). I try to look around the 4-5% mark and get suspicious if it's above 6-7 and not an REIT and is facing a downward trend. I reinvest the dividends into my "Pie" of stocks (Im using m1 finance since it's free).

    Why is this such a bad strategy?

    submitted by /u/mercfh85
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    $TRVN

    Posted: 02 Oct 2018 02:06 PM PDT

    Bought 1500 shares at $1.58. Looking good for after hours at $3.10 now. I'm going to keep waiting for their government approval.

    submitted by /u/jlobrist
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    Is NIO a buy?

    Posted: 01 Oct 2018 05:36 PM PDT

    NIO, the Chinese electric car maker, and the "Tesla of China", has fallen greatly from it's IPO. The stock price itself seems to be bottoming out. Is this a good time to buy? I have about $300k on the sidelines I can pour onto this stock.

    I've looked at some of their cars and they seem to be really high quality. Plus, they don't have many other competitors in China, so they can easily score a large percentage of the Chinese EV market.

    submitted by /u/MobileGas
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    What happened to KDP?

    Posted: 02 Oct 2018 09:44 AM PDT

    Looking to buy some shares but I am very confused about why it went from $125 per share to $22 in like a day. Would it be bad to invest in the KDP? I am fairly new to the stock market

    submitted by /u/NICK2936
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    $MOS

    Posted: 02 Oct 2018 12:58 PM PDT

    Is calling MOS as a buy in October smart? 1.3b trade deal with Taiwan for Midwest soybeans. About to open their 6th mine in Brazil. Up 50 percent this last year. Div/yield sitting at 2.34. Thoughts?

    submitted by /u/emoryhotchkiss1
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    AMD down 8% today

    Posted: 02 Oct 2018 12:46 PM PDT

    damn it, i was going to ride this until $40.

    so intel says they sorted out their manufacturing process to compete better with AMD.

    results, intel up 4% amd down 8%.

    like what the actual fuck?

    submitted by /u/NycAlex
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    What hardware do you use?

    Posted: 02 Oct 2018 12:18 PM PDT

    First off, apologies if this is in the wrong sub, please delete.

    I am looking for a laptop that I would keep st worl strictly for trading. Thinkorswim, specifically. I am an avid computer builder, but have only messed with desktops and never a laptop. Is the program very processor intense where I would need 16GB of memory or more? I use my phone for anything else I need at work, so this would be strictly for monitoring my positions, so just trying to get the cheapest laptop I can.

    Have considered a chromebook but idk if those are powerful enough.

    TIA!

    submitted by /u/skewsh
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    Look how awesome amazon is.

    Posted: 02 Oct 2018 05:41 AM PDT

    Amazon to increase minimum wage for its employees to $15 an hour. Keep AMZN on your watchlist, let's see how the markets going to react.

    submitted by /u/TheTradingSoul
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    Thoughts on Brinks?

    Posted: 02 Oct 2018 11:38 AM PDT

    Been watching them for a while, are they set for a bounce back Q4/2019?

    submitted by /u/nexusblast
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    (10/2) - Tuesday's Pre-Market Stock Movers & News

    Posted: 02 Oct 2018 05:33 AM PDT

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


    Frontrunning: October 2nd

    • The full Senate will vote on Supreme Court nominee Brett Kavanaugh's confirmation "this week," according to Senate Majority Leader Mitch McConnell. Republicans are moving quickly to confirm the judge before November's midterm elections. (CNBC)
    • White House agrees to expand Kavanaugh probe slightly (Washington Post)
    • A pro-Trump organization decided to continue backing Kavanaugh's nomination, despite a background investigation by the FBI. America First is spending $300,000 to keep the ad running nationwide on Fox News Channel for the next four days. (CNBC)
    • President Donald Trump took a victory lap Monday after the announcement of a new North American trade deal, heralding the pact as "an extraordinary agreement" and "a new dawn" for the American auto industry. (CNBC)
    • Trump's trade victories mean the White House can now 'focus all its ire on China' (CNBC)
    • Officials said the death toll from the earthquake and tsunami on Indonesia's Sulawesi island surpassed 1,200, as fears grow that many more are dead. Getting aid to affected areas is another challenge after the disaster. (WSJ)
    • Long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress. One bill in particular would change U.S. antitrust law to allow OPEC producers to be sued for collusion. (Reuters)
    • A record number of people registered to vote in the midterm elections on National Voter Registration Day last week, according to Time. The registrations surpassed the previous record set during the 2016 presidential campaign.
    • U.S. aerospace and industrial company United Technologies (UTX) received approval by regulators for its deal to buy aviation systems maker Rockwell Collins (COL), with the condition that it must sell two of Rockwell's businesses. (Reuters)
    • Amazon (AMZN) is raising its minimum wage to $15 for all U.S. employees, effective next month. The new minimum wage will benefit more than 250,000 Amazon employees, including part-time and temporary employees. (CNBC)
    • Alphabet's (GOOGL) Google unit lost a key executive, with Sridhar Ramaswamy stepping down. Ramaswamy has been head of Google's online ad business for the past five years, but is departing to join venture capital firm Greylock Partners. (CNBC)
    • Tesla (TSLA) plans a "family night" screening of Pixar's "Cars 3" at its sprawling battery plant in Sparks, Nevada, this weekend. It's a gesture to thank employees and their loved ones for all their long hours and hard work. (CNBC)

    STOCK FUTURES NOW:

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    YESTERDAY'S MARKET HEAT MAP:

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    YESTERDAY'S S&P SECTORS:

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    THIS WEEK'S ECONOMIC CALENDAR:

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    THIS WEEK'S UPCOMING IPO'S:

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    THIS WEEK'S EARNINGS CALENDAR:

    ($COST $SFIX $PEP $STZ $SGH $PAYX $LEN $CALM $AYI $LW $SNX $RPM $PIR $ISCA $NG $LNDC $RECN)

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    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

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    THIS AFTERNOON'S AFTER-MARKET EARNINGS CALENDAR:

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    EARNINGS RELEASES BEFORE THE OPEN TODAY:

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    EARNINGS RELEASES AFTER THE CLOSE TODAY:

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    THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

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    THIS MORNING'S INSIDER TRADING FILINGS:

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    TODAY'S DIVIDEND CALENDAR:

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    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • NBEV
    • IGC
    • SFIX
    • PEP
    • LULU
    • LEVB
    • AMZN
    • AKRX
    • PAYX
    • BIDU
    • OMER
    • RACE
    • PYPL
    • SQ
    • UGAZ
    • COST
    • DNR
    • EW
    • TRUP
    • ICPT
    • TNDM
    • MSFT
    • GFF
    • MTBC
    • TGT
    • ECPG
    • DGAZ
    • CF
    • WMT
    • HIMX

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    PepsiCo – PepsiCo reported adjusted quarterly profit of $1.59 per share, two cents above estimates, with the beverage and snack giant's revenue also beating forecasts. Organic revenue was up 4.9 percent from a year earlier, and the company increased its full year organic revenue growth target. PepsiCo did cut its full year earnings outlook to $5.65 from $5.70, due to the impact of a stronger dollar, compared to the current consensus estimate of $5.69.

    STOCK SYMBOL: PEP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Amazon.com – Amazon announced an increase in its minimum wage to $15 per hour for all US workers, beginning on November 1.

    STOCK SYMBOL: AMZN

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    Stitch Fix – Stitch Fix reported quarterly profit of 18 cents per share, beating the consensus estimate of four cents. However, the subscription fashion service saw revenue fall short of estimates, with the number of active customers also shy of Street forecasts.

    STOCK SYMBOL: SFIX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Chevron – The energy producer was added to the "Conviction Buy" list at Goldman Sachs, which notes underperformance by Chevron even as oil prices were rising, and also thinks the risks that bearish investors are associating with the stock are overstated.

    STOCK SYMBOL: CVX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Eli Lilly – The drug maker said its experimental diabetes treatment – known as Ultra Rapid Lispro – met its primary goal in two late stage studies.

    STOCK SYMBOL: LLY

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Technologies – United Technologies received approval by US regulators for its deal to buy aviation systems maker Rockwell Collins, with the condition that it must sell two of Rockwell's businesses.

    STOCK SYMBOL: UTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Thomson Reuters – Thomson Reuters closed its deal to sell a 55 percent stake in its Financial & Risk unit to private equity firm Blackstone. The unit is a provider of data and news to financial customers, with the deal valuing the business at about $20 billion.

    STOCK SYMBOL: TRI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    KKR – KKR and fellow private equity firm Bain Capital are starting a $20 million fund to pay former employees of Toys R Us who were left unemployed when the toy retailer went out of business, according to the Wall Street Journal. The two firms – who jointly own the bankrupt company – are not required by bankruptcy law to do so.

    STOCK SYMBOL: KKR

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Alphabet – Alphabet's Google unit lost a key executive, with Sridhar Ramaswamy stepping down. Ramaswamy has been head of Google's online ad business for the past five years, but is departing to join venture capital firm Greylock Partners.

    STOCK SYMBOL: GOOGL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    General Electric – GE was upgraded to "outperform" from "sector perform" at RBC Capital, which cites the hiring of Larry Culp as the new chairman and CEO, with the price target increased to $15 per share from $13. However, widely follows J.P. Morgan Securities analyst Stephen Tusa said the move is no reason to celebrate and may indicate "serious issues at play". Tusa, who will be a guest on CNBC's Halftime Report today, reiterated his "underweight" rating for GE and his $10 per share price target.

    STOCK SYMBOL: GE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    WW – The company formerly known as Weight Watchers was added to the America's Analyst Focus list at J.P. Morgan Securities. The firm said the 30 percent pullback from a late June peak represents a compelling entry point, and that the negative reaction to the latest earnings report for the company was overblown. Separately, the company will switch its stock listing to Nasdaq from the NYSE on October 15.

    STOCK SYMBOL: WTW

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Papa John's - Activist investor Legion Partners and the California State Teachers' Retirement System hold a combined 5.5 percent stake in Papa John's, according to an SEC filing. The two funds have met with board members, and Legion managing director Ted White told the Wall Street Journal that they support steps the pizza chain has taken to boost sales.

    STOCK SYMBOL: PZZA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Skechers – The shoe company's stock was downgraded to "neutral" from "buy" at Citi, which is concerned about domestic sales growth as well as increased expenses.

    STOCK SYMBOL: SKX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    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 Tuesday, October 2nd, 2018! :)

    submitted by /u/bigbear0083
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    $PEP

    Posted: 02 Oct 2018 11:23 AM PDT

    Is now a good time to buy $PEP? They beat expectations but guidance was low so the stock is down slightly. Is there any upside to this stock?

    submitted by /u/DiscombobulatedTears
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    What’s the deal with $IMTE

    Posted: 02 Oct 2018 11:21 AM PDT

    This stock has been performing like spicy garbage the past few months but is up 32% today. I can't find any new articles on instances that would've impacted it like this. Anybody know why?

    submitted by /u/KCETZ
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    Get rid of 1, $SHOP or $SQ

    Posted: 02 Oct 2018 11:18 AM PDT

    Want to get rid of one of these for cash to invest elsewhere.

    Have 26k in shop, 6k in square, and 11k cash.

    I could drop 1/2 the shop as a compromise. Which would you keep long term?

    submitted by /u/FoghornLegporn
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    Thoughts on Fiserv

    Posted: 02 Oct 2018 11:06 AM PDT

    Hello all, new investor here looking for a longer term stock that I can hold onto. Would fiserv be a good fit? I dont have much money to play around with (bought 10 shares of Microsoft) and have about $800 to spend. Where should I go from here? Looking more towards the long term obviously. Thanks

    submitted by /u/hfftjjh6654fyiuu
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    Buy more GE puts?

    Posted: 02 Oct 2018 10:47 AM PDT

    Should I purchase more Ge puts for November this is bound to tank soon

    submitted by /u/adraxium
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    Day 2 of Buying stocks: short term holds.

    Posted: 02 Oct 2018 10:39 AM PDT

    Just bought 50 shares of OGEN at 2.32$ this morning. Its now at 3.10$ Excited to see where this one goes. Looking to make 75$ tomorow. I have my stops set in place to minimize or prevent any losses.

    Also just bought 27 shares of VTV at 1.26$. Its now at 1.74$. This one i'm iffy on but I have my stops set for worst case scenario. Looking to make 30$ tommorow when its all said and done.

    A Total of 150$ spent and I am looking to make 100$ profit tomorow.

    Things will probably change a bit in the last few hours of the day but hopefully the change is in the right direction! I dont have any more day trades left until Next week so ill be stuck at the prices that they each close at until tommorow. Wish me luck!

    Any insights or interest or projections? Any one else checkin these out?

    Yesterday i posted my "first attempt at Day Trading" post and got alot of great feedback! Thanks everybody! Some of you were being a little extreme but I still appreciate the feedback and feel it is productive to have a mixed bag opinions and conversation to learn from. Also, i apologize if you felt disrespected in any way 🙏🏼 im here to share and learn and have productive interactions.

    Remember, this is my second day trading so i acknowledge my ignorance and lack of experience when it comes to stocks. I also acknowledge it takes years to understand the depth of how to become a good investor and that it is not an easy or simple thing to achieve. I have respect and admiration for all of you experienced traders. I am taking the steps to become more educated and well rounded as a trader and investor myself and i appreciate your patience And respect in advance. This is MY process of learning by doing, even if that means taking losses - Which are accounted for and understood as a distinct probability.

    🙏🏼

    submitted by /u/totalstocker
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