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    Stocks - r/Stocks Fundamentals Friday Dec 21, 2018

    December 21, 2018

    Stocks - r/Stocks Fundamentals Friday Dec 21, 2018

    r/Stocks Fundamentals Friday Dec 21, 2018

    Posted: 21 Dec 2018 09:06 AM PST

    Feel free to ask questions or talk about (not argue against) fundamentals such as tools, terms, and other important aspects of the investing world. But before you do see the following:

    Important/Basic Terms:

    • Market Cap - The total market value of a public company's outstanding shares. It can be found by multiplying the total number of outstanding shares by the price of a single share. For example, a company with 1,000 outstanding shares each priced at $5 a share would have a market cap of $5,000. Market cap is extremely important and should be used when valuing/researching a company instead of individual share price. See here for the difference between large, small, and micro cap stocks.

    • Shares Outstanding - The total number of shares held by all shareholders vs shares float which are shares available to trade.

    • Volume - Volume is how active a particular company is over a period of time in terms of trading; in other words, the number of shares that are being traded. Typically, you want to look for companies with high volume to avoid issues with liquidity and other reasons. However, if volume is much higher than the average volume in a given period, you may see wilder swings (good or bad) and volatility.

    • Dividend - A scheduled payout from a company. Dividends are used to reward investors for investing in a company. They can be paid monthly, quarterly, yearly, or on a one-time special basis. Dividends are often issued by mature companies but also companies with limited growth, REITs, and struggling companies trying to attract investors or keep current ones happy. Dividends can be great, especially for income investors, but it's important to note that they can limit growth and aren't tax efficient (you're forced to pay taxes on dividends vs just holding) when held outside a tax advantaged account. Never invest in a company solely for its dividend.

    • EPS - The amount of profit allocated to a share of common stock. This can be found by taking Net Income - Preferred Dividends/Weighted Average of Common Shares. EPS is very important in determining how successful a company is performing and where it stands in terms of profitability.

    • P/E Ratio - Stock price divided by EPS. High P/E typically indicates expectations of high growth. This is why we see companies like Amazon with relatively high P/E's. Low P/E's may indicate a company is pretty mature and that limited growth is expected. There are also formulas for trailing P/E and forward P/E.

    • EPS Q/Q - A way of measuring a company's growth rate by taking this quarter's EPS and comparing it to last years EPS for the same quarter. EPS Q/Q of 20% tells us that the stock is earning 20% more than last year while factoring in their stock price.

    • PEG - PEG ratio is used to determine the value of a stock while taking into account growth of a company's earnings. The formula for PEG ratio is a little more complex than some of the other ones we have here, but click here if you're interested.

    • Sales Q/Q - Sales is another word for revenue and doesn't factor in stock price like EPS, but is an important metric for growth, especially when a new stock is in the early stages of expansion and probably has a net loss. A net loss means a stock won't have a P/E or PEG hence sales q/q's importance.

    • Return on Assets (ROA) - Net Income/Total Assets. This formula provides a clearer picture of how well a company is managing its assets to generate earnings and ultimately profitability. Some companies will have low ROA by the nature of their business such as bank stocks.

    • Return on Equity (ROE) - Net Income/Shareholders Equity. This formula can be used to get a better idea of future growth, how debt is impacting things, and how the company compares to its peers in the industry.

    • BETA - The measure of volatility and risk of a company compared to the market as a whole. A stock with a BETA of 1 means that it will likely act similar and correspond with the market. A stock with a BETA lower than 1 typically means less volatility is expected while a stock with a BETA higher than 1 means it could potentially more volatile. These things aren't set in stone and companies can react and perform quite differently than what their BETA would initially indicate.

    • SMA - The moving average of a company's stock price over a specific period of time. SMA can be used over different periods of time and can help paint a better picture of where a company stands in terms of performance over the past few weeks/months; 50 and 200 days are common periods of time to use with SMA.

    Each of these formulas/tools are important and unique in their own way. However, no single one can be used to successfully invest alone by just itself. Instead, think of them as only a piece of a big puzzle that make up something bigger. In addition to knowing what these terms mean, it's also important to understand why they look the way they do as they can sometimes be misleading without further understanding. For a example, if dividends are 3 and EPS is a negative number, then a company might need to issue debt to keep up with the dividend payments which is bad for long term growth.

    The importance of quarterly earnings:

    At the end of every quarter, public companies will make sure everything is more or less up to date and correct; they will have their accounting teams put together things like a balance sheet and income statement for shareholders. They will often provide a run down of how things went in the most recent quarter and what kind of outlook/guidance they see moving forward. These run downs are typically under highlights in the earnings release and are always mentioned in the live conference call which investors can listen in.

    Don't be overwhelmed by all the terms here, it's a lot of info to take in and understand. Instead, look them over and take advantage of some of the great websites available out there for learning this stuff. For some great sites/tools you can use to learn about these terms, follow the market or specific companies, and aid in your investing check out the following links:

    If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" 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 our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    S&P closing red for it's 11th straight session

    Posted: 21 Dec 2018 12:24 PM PST

    It's incredible watching this. I've never got to experience such panic and sell off before. How is everyone doing? I know half of you are selling in fear and the other half are saying this is great everything's on sale. Just note that the ladder camp says that every day lol.

    submitted by /u/audihead
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    (12/21) - Friday's Pre-Market Stock Movers & News

    Posted: 21 Dec 2018 05:27 AM PST

    Good morning traders and investors of the r/stocks sub! Welcome to the final trading day of the week! Here are your pre-market stock movers & news this AM-

    Frontrunning: December 21st

    • The House passed a temporary spending bill with money for President Trump's proposed border wall, further muddying the scramble to dodge a partial government shutdown. Senators were to prepare for potential votes today. (CNBC)
    • Defense Secretary James Mattis will step down at the end of February, telling President Trump in an extraordinary letter that he has "a right to have a Secretary of * Defense whose views are better aligned with yours." (CNBC)
    • Read James Mattis' resignation letter to Trump (CNBC)
    • Acting Attorney General Matthew Whitaker will not recuse himselffrom overseeing Robert Mueller's investigations despite a DOJ ethics official recommending that he do so because of his past criticism of Mueller's probes. (CNBC)
    • CNBC has learned Russia has conducted another successful test of its ship-based hypersonic missile, a weapon the United States is currently unable to defend against. The weapon is expected to join Moscow's arsenal by 2022.
    • CNBC has learned Juul's 1,500 employees are getting a $2 billion bonus from Altria, averaging about $1.3 million each, as part of the tobacco giant's investment in the e-cigarette maker. The bonus is being paid out as a special dividend.
    • Apple (AAPL) said John Giannandrea, the company's recently appointed senior vice president of artificial intelligence and machine learning strategy, is now part of the company's executive team. He reports to Apple CEO Tim Cook. (CNBC)
    • Two congressmen are introducing a bill that would exclude digital currencies from the decades-old definition of a security. The definition has become a heated issue for those in the industry who say the law is outdated. (CNBC)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET HEAT MAP:

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

    TODAY'S MARKET HEAT MAP:

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

    YESTERDAY'S S&P SECTORS:

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

    TODAY'S S&P SECTORS:

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

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #2!)

    NEXT WEEK'S ECONOMIC CALENDAR:

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

    NEXT WEEK'S UPCOMING IPO'S:

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

    NONE.

    NEXT WEEK'S EARNINGS CALENDAR:

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

    NONE.

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($NKE $KMX $CTAS $CAMP)

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

    THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

    ([CLICK HERE FOR THIS AFTERNOON'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!]())

    NONE.

    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!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • NKE
    • KMX
    • CAMP
    • HUYA
    • WYNN
    • OCFC
    • UNG
    • CTAS
    • THRM
    • NTES
    • GNL
    • PE
    • GWPH
    • IONS
    • GEF
    • ATSG
    • DJIA
    • CSV
    • SWIR
    • BAND
    • CIM
    • RAMP
    • WES
    • LRCX
    • IMMU
    • DWT
    • SKYW
    • SPX

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    CarMax – The auto retailer reported quarterly profit of $1.09 per share, 9 cents a share above estimates. Revenue was short of forecasts, however, as same-store sales declined by 1.2 percent.

    STOCK SYMBOL: KMX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Nike – Nike reported quarterly profit of 52 cents per share, 6 cents a share above estimates. The athletic apparel and footwear maker's revenue also beating Wall Street forecasts amid strong worldwide demand. CEO Mark Parker told CNBC the ongoing trade dispute with China has not impacted its business in that country.

    STOCK SYMBOL: NKE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Hewlett Packard Enterprise, IBM – The two companies had their computer networks breached by China-backed hackers, according to a Reuters report. The hackers reportedly then went on to gain access to the networks of HPE and IBM clients.

    STOCK SYMBOL: HPE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: IBM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Campbell Soup – Campbell named former Pinnacle Foods CEO Mark Clouse as its new chief executive officer. According to sources quoted by Reuters, Clouse has the support of major Campbell shareholder Third Point, which has been pushing for change and a possible sale of the company.

    STOCK SYMBOL: CPB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Altria – Citi downgraded the tobacco producer to "sell" from "neutral," saying Altria's purchase of a 35 percent stake in Juul signals a lack of confidence in its core business.

    STOCK SYMBOL: MO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Credit Suisse, Deutsche Bank, UBS, Barclays – The four European banks were warned by the Federal Reserve and FDIC of flaws in their "living wills," which plan for a winding down in the event of a financial crisis.

    STOCK SYMBOL: CS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Goldman Sachs — Singapore has expanded its criminal probe over Malaysian investment fund 1MDB to include Goldman, according to Bloomberg. And Malaysia wants Goldman to pay $7.5 billion over its involvement in 1MDB, according to a story in today's Financial Times.

    STOCK SYMBOL: GS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cintas – Cintas reported adjusted quarterly profit of $1.76 per share, 6 cents a share above estimates. The provider of uniforms and business supplies also raised its fiscal 2019 guidance.

    STOCK SYMBOL: CTAS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Zynga – Zynga is buying a majority stake in Finland's Small Giant Games for about $700 million, in a move to bolster its mobile game lineup. The acquisition is Zynga's largest ever.

    STOCK SYMBOL: ZNGA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Raytheon – The defense contractor won a $568 million Pentagon contract for modifications to a Patriot missile defense system it is building as part of a foreign military sale.

    STOCK SYMBOL: RTN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Lockheed Martin – Lockheed was awarded a $997 million Air Force contract for F-16 aircraft upgrades.

    STOCK SYMBOL: LMT

    (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 Friday, December 21st, 2018! :)

    submitted by /u/bigbear0083
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    Apple (#AAPL) now only -31% since Warren Buffett said the iPhone is “enormously underpriced” tweet (@Hipster_Trader)

    Posted: 20 Dec 2018 06:38 PM PST

    I'm an avid follower of Buffett and the recent market rout brings things to a perspective that even the most successful investor in the world can make bad calls and make billions of losses at the same time.

    submitted by /u/markyu007
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    Microsoft a buy?

    Posted: 21 Dec 2018 08:55 AM PST

    Are you guys buying Microsoft? I'm thinking about if it drops below 100 I'm going to buy some but I'm also hesitant to see how far the market is going to go

    submitted by /u/SlyBeanx
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    Can someone put this into perspective?

    Posted: 21 Dec 2018 02:03 PM PST

    I'm a new trader (literally 18) who invested a lot of money that I saved up from working in high school. I've lost about 22% of it, and I'm feeling pretty deflated, but I'm thinking I have time on my side and even if I have to wait to sell at 30, I don't need the money now so I should be fine. How bad is the market right now? Is 20% an average loss right now? Is this the worst since 2008s crash, or is this pretty routine? Thanks in advance

    submitted by /u/thebreadjordan
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    MJ stocks

    Posted: 21 Dec 2018 10:59 AM PST

    I know this is a somewhat frequently asked question but with Canada and Mexico legalizing pot, as well as some states in the U.S, I feel like it's going to become medically legal across the board under this administration. Any ideas on companies or subsidiaries that would be smart to invest in?

    submitted by /u/yrpsjustin
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    Feeling Defeated

    Posted: 21 Dec 2018 10:26 AM PST

    We are undeniably in a bear market now, it has officially beaten the bullishness out of me. I've been catching knives for the last 2 months. I am a first year investor and looking back it's funny how inflated my confidence was before October, to the point where I've been confidently buying these "dips" thinking they'll immediately turn around again. Obviously it has not turned around yet and it's hard not to feel defeated. I keep internally repeating to myself that I'm in the for the long haul but it's hard when my portfolio is down 50% from June. I am going to keep holding and I've been thinking about buying SQQQ with my January contribution but we'll see.

    submitted by /u/taiwansteez
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    Thoughts on AMZN

    Posted: 21 Dec 2018 06:03 AM PST

    I'm holding 100 shares of AMZN and now it's down to 1460 from 2000. I still earning small amount of money. Should I sell before it goes further down? I'd like to see your opinion on AMZN

    submitted by /u/John_cxi
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    Which app is best to check for the performance of stocks across sectors?

    Posted: 21 Dec 2018 08:36 AM PST

    Got a new phone and got sick of using Yahoo Finance. Is there an app that categorizes a stock into the sector or industry they are in and if I click "semi-conductors", companies in that industry are listed? Thanks.

    submitted by /u/KingFlashBolt
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    Selling when high then reinvesting when low?

    Posted: 21 Dec 2018 01:26 AM PST

    I'm currently holding a large amount of a stock that's gone up 15% in the last few months despite the market wide dip. I'm new to stocks (about 7 months now) and was wondering whether selling now and then buying back in if it dips hard would be a good idea?

    submitted by /u/big__man__
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    What was your biggest lost and did you recover?

    Posted: 21 Dec 2018 02:16 PM PST

    Made huge mistake portfolio is butchered half gone? Would love some perspective

    submitted by /u/stocks7779
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    Anyone think NADAQ’s gonna bounce back over the weekend?

    Posted: 21 Dec 2018 01:26 PM PST

    I just shorted the s*** out of NASDAQ this morning via SQQQ. should I hold on till Monday? Or sell now?

    submitted by /u/toniree
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    Anyone know good apps or websites to get more then just charts for stock price

    Posted: 21 Dec 2018 12:54 PM PST

    I'm looking for an app or website that shows things like revenue, p/e, profit ect but charted

    submitted by /u/69glatt
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    Buying Opportunity

    Posted: 21 Dec 2018 08:56 AM PST

    There's a lot of deals out there if you can stomach it, folks. The economic indicators are very well intact so if you're long, I would think twice about selling.

    I left the market around 2,800 as I thought we were a bit inflated. I just bought leap calls yesterday in sectors I think are a little too low.

    AAPL - -40%+- Every time there's a bad quarter, analysts say "it's just a phone company". Meanwhile, their cash reserves are greater than many sovereign nations.

    NFLX - -40%+- This is a bit of a risky play as they were super high to begin with, and with Disney's upcoming service, they may take a hit. Still, I think they'll be around for a while.

    UPRO - -50%+- 3X ETF for SPY. This is self explanatory. Barring a recession which is unlikely, the market should rebound within the next 6-12 months.

    JNUG - -60%+- 3X ETF for gold miners. Relatively safe play if the economy continues to crap itself. And, decent volatility to boot.

    USO- -45%+- Oil. Same as JNUG, relatively safe play.

    JNJ- -15+- This company is just solid for any portfolio.

    GE- A LOT+- This is a fairly risky play but I'm banking on the fact they get their act together in 2019. However, titans fall from time to time. Just look at Sears, though I'd say this is much different than retail.

    FB- -45%+- I've always disliked this company based on their subscriber rates being close to full attrition for years now. However, based on the scandals and market correction, they've taken a beating. People forget they print cash.

    AMZN- -30%+- It's amzn, what else needs to be said? The only issue they face is government regulation and that has yet to be acknowledged so they'll continue to be a juggernaut. If you look back to 2016 and bought leap calls in February for a mere $10,000 investment, it could've netted 2.2 million dollars.

    SQQQ- And here's the safety net. Should everything fail before expiry, this etf will provide an equal balance sheet, at least. This is risky as it's affected by interest rates and contango but if you keep an eye on it, you should be fine. Short term only or you'll get eaten alive. For the more risk centric investors, VXX. However, you'll need balls of steel.

    I'm not advising anyone to do anything, I'm just sharing what I started scaling into yesterday. Before you panic, understand that the market always goes up over time because it has to, based on our economic model. YoY we're down roughly 8% and if we hit 2,400, we'll be down 22% from ATHs just a couple of months ago. These type of drops don't happen very often during a spurring economy so do your research and understand the cycles.

    I could be wrong but if I am, we're going into to a recession anyway. And if that's true, I'll just keep averaging down. All of my positions are over 2y expirys (except the 3x-6mo) so there's time.

    Note* the percentages are based of memory, please cut me some slack if I'm a few points off.

    submitted by /u/urfriendosvendo
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    Bottoming out or just getting started?

    Posted: 21 Dec 2018 07:21 AM PST

    What do people think the timeline will be for this recent stock loss to recoup?

    If it turns into a full recession could be as long as 12 months or so.

    submitted by /u/ilovetheinternet1234
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    cana stock

    Posted: 21 Dec 2018 11:06 AM PST

    anybody knows why it took a dive start of this week?
    and now it's up 30 %

    anyway, probably misunderstood relation to farm bill and now it is understood that this stock will actually benefit from farm bill despite coming from outside US

    submitted by /u/meanordljato
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    FB

    Posted: 21 Dec 2018 10:40 AM PST

    Would like some opinions. Bought FB at IPO for $38 and added to my position on it's way up. Highest price I paid was $116 and watched it go up from there I know I probably should have sold 2-3 months ago, but I got greedy. Would you guys sell now (still up around 70%) or ride out the bad news?

    submitted by /u/Louie_eff
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    Explain what investing in silver means

    Posted: 21 Dec 2018 10:23 AM PST

    I know a market correction is about to hit but my question is how do you invest in silver? Is it best to buy physical silver or silver stock or mining company that mines silver? Serious question btw

    submitted by /u/trinzler117
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    PSA: US Investors Don't Forget - Markets Have Restricted Hours December 24th.

    Posted: 21 Dec 2018 08:16 AM PST

    For all you US investors with laser focus on price movements, please don't forget, the Major markets are going to close at 1:00PM on December 24th.

    submitted by /u/james1844
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    r/Stocks Daily Discussion Friday - Dec 21, 2018

    Posted: 21 Dec 2018 04:07 AM PST

    These daily discussions run from Monday to Friday.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" 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.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    Should I even bother with individual reits?

    Posted: 21 Dec 2018 07:31 AM PST

    Are reits ETFs such as VNQ reccommend over individual reits? I am trying to diversify my portfolio with some reit exposure. For individual reits I am looking at DLR and OHI.

    submitted by /u/EmperorKaiju
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    (BAC) vs (JPM): which is a better choice right now?

    Posted: 20 Dec 2018 11:49 PM PST

    In the current market/ situation, which would you choose to invest in? (Given that you would put the same amount of capitol in either- not one share of BAC vs. one share of JPM.)

    Disclosure: I hold positions in both.

    submitted by /u/Zirofax
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    Anyone used Acorns?

    Posted: 21 Dec 2018 10:39 AM PST

    Started using the Acorn app to invest a few months ago and I am liking it. It rounds the change up from your purchases and invest it into the market, essentially a digital change jar. If anyone wants to check it out use my code (https://acorns.com/invite/UZNHY3) and we both get $5. Check it out and comment what you think.

    FYI I'm not shilling for this company as I have no connections, I actually like the product and have been using/trying it out over the past couple months and love it.

    submitted by /u/PidgeySlayer268
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    Your AM Global Stocks Preview and a whole lot more news that you need to read: Global stocks declining as worries about US government shutdown spook traders

    Posted: 21 Dec 2018 05:38 AM PST

    US Stocks

    • The global stock sell-off continues with most Asian markets as well as European markets taking profits overnight, following the weakness in the US yesterday
    • US futures are indicating a lower opening for US stocks with front-month Dow Jones minis –0.28%, S&P 500 minis –0.38% and Nasdaq 100 minis –0.48%
    • Chinese monetary authorities confirmed today that more fiscal and monetary stimulus will be coming in 2019; China will use the same limited, targeted stimulus as was done in 2018
    • Jonathan Krinsky, the chief market technician at Baycrest Partners, suggests the S&P 500 may be reaching a bottom after the number of stocks in the S&P 500 above their 200-day moving average fell below 25% -- this is the first time since February 2016 that this happened and have historically been followed by a rally of +4.3% over the next 3-months (going back to 1990)
    • According, to Lipper data, US-focus mutual funds have seen outflows close to USD$81 billion for the two weeks ending December 19 – if the current trends hold, this would be the largest monthly outflow since 1992
    • President Trump is not budging in the budget showdown, saying he will not sign any funding bill that does not include funding for a border wall; a spending bill must be signed by midnight today to avoid a US government shutdown
    • Volume across European markets' volume is averaging ~70% above average today
    • The VIX is little changed this morning and is currently at 28.37 after closing at 28.38 yesterday
    • US 10-Year Treasury Bonds are higher with yields down -1.27 basis points to 2.7938%
    • The US Treasury 2s-10s Spread has narrowed 0.4 basis points to 0.13%
    • WTI Crude is currently down -3.33% to USD$45.63/bbl with the Brent-WTI spread up USD$0.38 to USD$6.76/bbl
    • Gold is currently little changed -0.03% to USD$1259.54/oz
    • Bloomberg commodity strategists suggest commodities are set to outperform stocks and the US Dollar in CY2019 – their analysis is based on a mean-reversion model and that global markets are currently experiencing peak strength for the US dollar

    Stocks Trending in the News

    Click name for Q-Factor breakdown, latest price details, more financial info and sentiment data.

    • Agenus (AGEN) and Gilead (GILD) announced they will form a partnership to work on immune-oncology therapies. Agenus and Gilead said they will work together on up to 5 novel therapies, focused on the development and commercialization of them. Agenus will receive USD$150mn when the deal closes and there is the potential for up to USD$1.7 billion in future fees. Agenus is rated "Top Short" in our US SMID-Cap Global Top Stock Ideas. Gilead is rated "Unattractive" in our US Large-Cap Global Top Stock Ideas.
    • Boeing (BA) won an order from Saudi Arabian Airlines' low-cost carrier Flyadeal. Flyadeal will acquire 50 narrow-body jets with a value of up to USD$5.9 billion. Flyadeal will acquire 30 737 MAX with options to acquire 20 more. Boeing is rated "Attractive" in our US Large-cap Global Top Stock Ideas and "Neutral" in our US Industrials Global Top Stock Ideas.
    • Campbell Soup (CPB) has names Mark Clouse as CEO effective January 22nd. Mr. Clouse was previously CEO of Pinnacle Foods (PF) until it was acquired recently. He has decades of experience in packaged foods and the chairman of the board said, "We are confident Mark is the right person…". Campbell Soup is rated "Neutral" in our US Large-cap Global Top Stock Ideas and "Neutral" in our US Consumer Staples Global Top Stock Ideas.
    • Danske Bank (CPSE: DANSKE) cut its 2018 earnings forecast, blaming the cut on the recent market slump. Danske sees 2018 profit coming at 15 billion kroner (USD$2.3 billion), down from 16-17 billion kroner. Danske said its revised guidance "remains subject to uncertainty). Danske Bank is rated "Top Short" in our Global Top Stock Ideas.
    • Freeport-McMoRan (FCX) completed a deal with Indonesia giving the Indonesian government's aluminum company majority ownership of the giant Grasberg copper and gold mine. Indonesia will own 51.2% of the mine will Freeport's local unit will hold the balance. Freeport-McMoRan is rated "Attractive" in our US Large-cap Global Top Stock Ideas.
    • Nike (NKE) reported fiscal 2Q earnings that handily beat expectations. Nike 2Q EPS came at 52 cents while average consensus was for 46 cents. Nike 2Q revenue came at USD$9.37 billion while consensus was USD$9.17 billion. Revenue is China came at USD$1.54 billion, while consensus was for USD$1.43 billion. Nike is rated "Unattractive" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Consumer Discretionary Global Top Stock Ideas.
    • Qualcomm (QCOM) has won an injunction against Apple's (AAPL) sales of older iPhones in Germany, very similar to that it was awarded in China. Qualcomm's press release says the German court granted the injunction because Apple is infringing on its intellectual property for power savings in smartphones. Apple is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas and "Top Buy" in our US Information Technology Global Top Stock Ideas. Qualcomm is rated "Unattractive" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Information Technology Global Top Stock Ideas.
    • Tencent Holdings (TCEHY, SEHK: 700) shares rose on the news that China has restarted the new video game approval process. Sina reports that China is working to issue licenses for those games that have already been approved, without saying which games those are. Tencent is rated "Attractive" in our China All-Cap Global Top Stock Ideas.

    European Stocks

    • The Euro Stoxx 600 is currently down -0.51%, the FTSE 100 has declined -0.39%, the DAX has fallen -0.29%, and the CAC 40 is lower by -0.59%
    • Investor sentiment for European stocks is negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.55x
    • Oil & Gas (-0.81%), Telecommunications (-1.4%), and Basic Resources (+0.82%) stocks are the top performers in the Euro Stoxx 600 today
    • Automobiles & Parts (+0.56%), Food & Beverage (-0.53%), and Utilities (-0.57%) stocks are the worst performers in the Euro Stoxx 600 today
    • 9 stocks in the Euro Stoxx 600 are at 4-week highs while 248 stocks are at 4-week lows
    • 5 stocks in the Euro Stoxx 600 are overbought while 94 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 21.64 after closing at 20.73 yesterday
    • EUR€ is currently down -0.201% against the USD$ to 1.1423
    • GBP£ is currently little changed against the USD$ at 1.2661
    • CHF is currently down -0.158% against the USD$ to 1.0105
    • German 10-Year Bunds are lower with yields up 1.9 basis points to 0.247%
    • UK 10-Year GILTs are lower with yields up 4.3 basis points to 1.309%

    Asian Stocks

    • The Nikkei 225 finished down --1.11%, the Hang Seng ended up +0.51%, the Hang Seng China Enterprise up +0.1%, and the CSI 300 was -1.24%
    • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.12x
    • 1 stock in the Nikkei 225 hit 4-week highs while 168 stocks reached 4-week lows
    • 0 stocks in the Nikkei 225 closed overbought while 62 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 0.67x
    • 0 stocks in the Hang Seng hit 4-week highs while 14 stocks reached 4-week lows
    • 0 stocks in the Hang Seng closed overbought while 5 stocks closed oversold according to the 16-day RSI Measure
    • Japan 2-Year Government Bonds are lower with yields up 0.7 basis points to -0.138%
    • Japan 10-Year Government Bonds are lower with yields up 2 basis points to 0.047%
    • JGBs 2s-10s Spread has widened 1.3 basis points to 0.19%
    • JPY¥ is currently little changed against the USD$ at 111.2
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