r/Stocks Technicals Tuesday - Dec 04, 2018 Posted: 04 Dec 2018 09:06 AM PST Feel free to talk about technical analysis here (not argue against it), but before you ask any question make sure you see the following information: Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions: Measure: Is the security's price trending, has it dipped or is it a falling knife? Interpret: Does the current price mean investors think it's undervalued or overvalued; when did they buy/sell more and why? Predict: If price reaches a certain point, will there be a rally or get rejected? The main benefit to TA is that everything shows up in the price (commonly known as priced in): All news, investor sentiment, and changes to fundamentals are reflected in a security's price. TA is best used for short term trading, but can also be used for long term. Intro to technical analysis by Stockcharts chartschool and their article on candlesticks Terminology - Indicator - a calculation based on price and/or volume, it can be displayed as a line/number on a chart or watch list; some indicators use statistics like standard deviation such as the Bollinger Bands indicator
- trade signals - when an indicator tells you that a buy or sell (short) entry is available (also called buy signal or sell signal)
- lagging indicator - based on past prices, for example the Moving Average indicator
- leading indicator - typically oscillators which fluctuate from 0 to 100 and back, and these typically measure the rate of change; they also generate overbought, oversold, and divergence, all of which help create trade signals
- oversold - a trade signal for when to buy, for example RSI below 30, however it's best to wait when the RSI line points upwards past 30 before buying
- overbought - the opposite of oversold; for RSI it's above 70
- divergence - when an indicator and stock price move inversely which foreshadows a coming change in the price
- whipsaw - when trade signals & price suddenly reverse either stopping you out or making you exit your trade
- resistance - an area on a chart where price can't seem to go higher. The main reason is that no one is willing to buy above that price or there's more sellers than buyers.
- support - an area on a chart where price can't seem to go lower. The main reason is no one is willing to sell below that price or there's more buyers than sellers.
- breakout/breakdown - when price breaks support or resistance
- alerts - a notification for when price hits your desired target, some software allows you to place the alert direction on a chart
- level ii - This shows all bid & ask orders from market makers, usually your broker charges a fee for this, and is only really usual for day trading
- trend line - can be a moving average, previous day's high, an indicator, you can even draw a line connecting all the highs or lows for example
- Market participants - also includes market makers, institutions, and retail & institutional investors. Different markets have different participants such as futures (hedgers & speculators) and forex (banks & speculators).
Useful indicators - Moving average (MA) - lagging indicator that averages previous prices, for example MA 20 will average the previous 20 days; MAs do not predict price movements, they smooth out price changes. Common averages are 10, 20, 50, 100, and 200. Typically you use 2 to 3 per chart.
- RSI - relative strength index, takes the average gain of the stock price divided by the average loss over a number of periods, default 14; starts to reverse when it points down from 70 (sell signal) and reverses agian when it points up from 30 (buy signal)
- VWAP - intraday indicator, takes the average price and weighs it by volume, basically you want to be short below VWAP and go long above VWAP; near the VWAP line (or price) there can be lots of whipsaw
- MACD - combines momentum & trend indicators; gives off many trade signals including ovebought/sold and divergence, see link here note that the histogram in the center shows how wide the MACD & Signal line are from each other
- ATR - Average true range gives a number that tells you how wide price movements are, great for helping set stops. ATR on a daily chart of 5 means average price movement of 5 points, typically you would have a stop loss 2x ATR so in this case it would be 10 point wide stop. If a stop loss of 2x ATR is too high for you, then trade a different stock.
- Bollinger Bands (BB) - takes the standard deviation of price times 2 (default); in statistics, 95% of all values are within 2 standard deviations. BB is typically used for resistance and support, more info here.
- Ichimoku clouds - Combines even more indicators, good for beginners, see here
Methods or Systems - Trend Following - Basically you're buying shares as a stock is going up or shorting as it's going down. Investopedia's intro to trend trading.
- Fading - shorting as price falls from resistance, or buying as price rises from support
- Channels - very much like fading except you find 2 parallel trend lines that price has been bouncing between, see here
- Patterns - Double tops, head & shoulders, and cup & handle are the most watched for, see here for more, don't get too caught up in patterns.
- Breakouts/Breakdowns - while patterns can be attractive, breakouts/breakdowns happen all the time; here's one way to take advantage of them
- Pivots - these used to be for pit traders in the exchange, just 5 numbers they needed to navigate the day's price movements, but are still used online and stock prices tend to breakout or reverse off these pivot lines
Strategies: See the TA wiki here as this will be a work in progress, feel free to reply with your own strategy. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. submitted by /u/AutoModerator [link] [comments] |
Trump’s ‘incredible deal’ with China doesn’t appear to exist Posted: 04 Dec 2018 05:44 AM PST |
A stock I had never heard about until this weekend. Posted: 03 Dec 2018 08:51 PM PST Read about it in Barrons. LITE or Lumentum holdings. It reported a down quarter like most semis and it sold off dramatically. Lost all its gains for the year. It's a pretty new company but they make optical hardware and devices that use lazers to map things in 3d. They made the lazers for apple's face recognition software which works really well. Im sure all phones will use iit someday. Probably not just phones, but cars, lots of smart devices could use it. I dont know how big their share is in that but its not even their biggest revenue stream. I think its just 20 percent of their revenue right now so that is a huge opportunity for growth. It trades at 10 times earnings so I'm just wondering why no one talks about this company. It could easy double in a few months. It's a fairly new company too. submitted by /u/digitalradiohead [link] [comments] |
What's an attractive price point to buy Square Stock? Posted: 04 Dec 2018 11:16 AM PST Seems to be trading between $55-$75, but obviously concerned it could drop lower to $30-$40. Say it does drop that low, would you think it's likely just macroeconomic or are there any real threats to their overall business model? submitted by /u/Lavitche [link] [comments] |
MSFT can do $1 trillion even if it's not part of 'FANG' Posted: 04 Dec 2018 10:07 AM PST |
US Stocks PM News Recap You Need to Read: US stocks plunge on trade and yield concerns, closing at lows of session Posted: 04 Dec 2018 02:12 PM PST US Markets End of Day Snapshot - US stocks plunged in today's session, falling across the board, as concerns on US-China tariffs and the flattening yield curve drove profit-taking
- As it appeared there was little progress between the US and China--confirmed by President Trump's economic adviser Larry Kudlow today--risk-off took hold today among US stocks
- US stocks traded with volume 20-25% above the average of the last 30 days
- SPY, the S&P500 ETF, traded over 160 million shares, 74% above average
- The S&P 500 is currently down 3.23%, Nasdaq Composite is down 3.8%, and Russell 2000 is down 4.4%
- US stock futures will trade overnight before Wednesday's suspension of all US stock and fixed income trading during the national day of mouring honoring the death of President George HW Bush
- Utilities (+0.15%), Real Estate (-1.26%), and Consumer Staples (-1.63%) stocks are the top performers in the S&P 500 today
- Consumer Discretionary (-3.91%), Industrials (-4.35%), and Financials (-4.4%) stocks are the worst performers in the S&P 500 today
- Investor sentiment for US stocks is negative with the advance/decline ratio for the S&P 500 currently at 0.07x
- 205 stocks in the S&P500 are at 4-week highs while 8 stocks are at 4-week lows
- 25 stocks in the S&P 500 are overbought while 1 stocks are oversold according to the 16-day RSI Measure
- 100 stocks in the Nasdaq Composite are at 4-week highs while 96 stocks are at 4-week lows
- 497 stocks in the Nasdaq Composite are overbought while 213 stocks are oversold according to the 16-day RSI Measure
- The VIX finished higher at 20.58 after closing at 16.44 yesterday
Stocks Trending in the News Click name for Q-Factor rating and financials data. - Activision (ATVI) was initiated with a buy rating at Gabelli & Co. today. Activision's price target was set at USD$64, indicating a 37% upside. Activision has its annual meeting next week on December 10th. Activision is rated "Unattractive" in our US Large-Cap Global Top Stock Ideas and "Top Buy" in our US Information Technology Global Top Stock Ideas.
- Aphria Inc. (TSX: APHA) shares are tumbling after the company's defense of its deal-making in Latin America failed to appease investors who were spooked by a short-seller report calling the company a "black hole". In a company statement, Aphria said that its takeover of LATAM Holdings Inc., "was a transaction negotiated at arm's length between two publicly traded companies, each of which retained professional financial advisors." Aphria is not rated in our Global Top Stock Ideas.
- Apple (AAPL) is transferring marketing staff from other divisions to its iPhone division to help boost sales, according to a report in Bloomberg today. Apple plans to use more aggressive marketing tactics to drive sales. The articles report that employees describe it as a "fire drill" as Apple scrambles to deliver sales that seem to be trailing expectations. Apple is rated "Top Buy" in both our US Large-Cap and US Information Technology Global Top Stock Ideas.
- AutoZone (AZO) reports FY1Q2019 EPS that beats the highest analyst estimate while surpassing expectations for comparable same-store sales growth. AutoZone generated an EPS of USD$13.47 in FY1Q2018 while analyst expectations ranged between USD$11.97 and USD$12.68. Additionally, AutoZone's comparable same-store sales growth of 2.7% beat the consensus estimate of 1.7%. AutoZone is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas and "Top Buy" in our US Consumer Discretionary Global Top Stock Ideas.
- Avaya Holdings (AVYA) shares are trading higher after reporting adjusted revenue guidance in-line with analysts' consensus. Avaya forecasts full-year revenue of between USD$3.05bn and USD$3.15bn while analysts' forecast USD$3.08bn. Additionally, Avaya reported FY4Q2018 EPS of USD$2.41/share. Avaya is rated "Unattractive" in our US SMID-Cap Global Top Stock Ideas and "Unattractive" in our US Information Technology Global Top Stock Ideas.
- BMW (BMW) is in talks to join peers in a collaboration on self-driving technology. BMW is in talks with at least 2 peers to join them in developing the next generation of the technology. BMW's head of development said last week that companies that have gone it alone have struggled and that BMW would likely speak with other automakers. BMW is rated "Unattractive" in our US Large-Cap Global Top Stock Ideas.
- BPost SA/NV (ENXTBR: BPOST) shares are spiraling after the company announced that 2019 will be a challenging year. BPost issued a profit warning for FY2019, indicating that FY2019 EBIT will likely be cut below 390mm euros. Management cited radial challenges, the structural decline of mail, and rising labor costs as reasons for the profit warnings. BPost is rated "Neutral" in our European SMID-Cap Global Top Stock Ideas.
- Cirrus Logic Inc. (CRUS) is the most recent Apple Inc. (AAPL) supplier to pullback guidance after the Austin, Texas-based chipmaker reduced FY4Q2018 sales forecast from between USD$360mm and USD$400mm to between USD$300mm and USD$340mm. Prior to the guidance adjustment, analysts expected revenue of USD$367mm in FY4Q2018. In the last fiscal year, Apple accounted for 82% of Cirrus Logic's sales. Cirrus Logic is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Information Technology Global Top Stock Ideas.
- Delta Airlines (DAL) updated guidance today and said it sees 4Q top-line growth of ~7.5%, excluding third-party sales. Delta saw November traffic up 4.2% and November capacity up 3.8%. Delta's November load factor was 85.8%. Delta Airlines is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Industrials Global Top Stock Ideas.
- Dollar General (DG) is pulling-back its EPS guidance for the full-year, which misses the average analyst estimate. Dollar General is pulling back full-year EPS forecasts from between USD$5.95/share and USD$6.15/share to between USD$5.85/share and USD$6.05/share while analysts' consensus call for USD$6.11/share. In reporting FY3Q2018 financials today, Dollar General beat analyst comparable sales growth expectations of 2.4% by reporting comparable sales growth of 2.8%. Dollar General is rated "Attractive" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Consumer Discretionary Global Top Stock Ideas.
- Ferguson Plc (FERG) shares are trading lower after reporting FY1Q2019 financials that missed analyst estimates. Ferguson reported EBITA of USD$432mm while analysts expected USD$439mm. FY1Q2019 like-for-like growth of 6.7% implies that like-for-like growth slowed to 5.1% in October after generating 7.5% like-for-like growth in the first 8 weeks of the quarter. Ferguson is rated "Neutral" in our European Large-Cap Global Top Stock Ideas and "Neutral" in our United Kingdom All-Cap Global Top Stock Ideas.
- Iliad SA (ENXTPA: ILD) announced the launch of its "Delta" set-top box subscription plan that will include Netflix at no additional cost, Alexa voice assistant, and Vivendi's myCanal. The cost of the Delta box, which includes a 10-gigabit fiber connection, will be 49.99 euros/month. Iliad is rated "Unattractive" in our European SMID-Cap Global Top Stock Ideas.
- Kroger (KR) plans to sell groceries in Walgreens Boots Alliance (WBA) stores according to the Wall Street Journal. Kroger will set up "Kroger Express" sections in 13 Walgreens stores in 2019 to test the format. Kroger will not sell items that compete with Walgreens branded products in the sections. Kroger is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Consumer Staples Global Top Stock Ideas. Walgreens Boots Alliance is rated "Attractive" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Consumer Staples Global Top Stock Ideas.
- Microsoft (MSFT) is expanding its broadband access initiative in the US. Microsoft will now aim to reach 3 million rural residents with its Airband Initiative which is presently in 25 states. The program expands broadband reach into rural areas and by 2022 Microsoft plans to reach all of the 3 million people it is targeting. Microsoft is rated "Neutral" in both our US Large-Cap and US Information Technology Global Top Stock Ideas.
- Movado (MOV) shares are surged by double-digits after reported FY3Q2018 financials that topped analyst estimates. Movado generated an adjusted EPS of USD$1.18/share in FY3Q2018 while analysts expected USD$1.12/share. Additionally, Movado forecasts full-year EPS to range between USD$2.45/share and USD$2.55/share. Movado is rated "Top Buy" in our US SMID-Cap Global Top Stock Ideas and "Neutral" in our US Consumer Discretionary Global Top Stock Ideas.
- Restoration Hardware (RH) shares are soaring after reporting results on Monday post-market that beat the highest analyst estimates. Restoration Hardware generated an adjusted EPS of USD$1.73 in FY3Q2018 while analyst estimates ranged between USD$1.22 and USD$1.30. Additionally, Restoration Hardware forecasts adjusted EPS of between USD$2.75 and USD$2.90 in FY4Q2018 while analysts' consensus calls for USD$2.51. Restoration Hardware is rated "Attractive" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Consumer Discretionary Global Top Stock Ideas.
- Tencent (700 HK) started the IPO for its Tencent Music Entertainment Group yesterday. The launch of the IPO was positive for Spotify (SPOT) which owns 8.9% of the company. Spotify rose 3.2% yesterday with the launch of the Tencent Music IPO. Tencent is selling 82 million ADRs with a price range of USD$13-15, looking to raise up to USD$1.23 billion. Tencent is rated "Attractive" in our US Large-Cap Global Top Stock Ideas. Spotify is not rated in our Global Top Stock Ideas.
- Toll Brothers (TOL) reported 4Q results that beat the highest estimates. Toll Brothers reported 4Q revenue of USD$2.46 billion while consensus was USD$2.35 billion. Toll Brothers 4Q gross margin came at 24.1% while delivering 2,710 new homes. Toll Brothers backlog rose to USD$5.52 billion. Toll Brothers is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Consumer Discretionary Global Top Stock Ideas.
- Trinity Industries (TRN) was downgraded today by Vertical Group to sell from hold. Trinity Industries was downgraded due to softening railcar demand and an expanded large increase in pipeline capacity adversely affecting its business. Trinity Industries is rated "Top Short" in our US Large-Cap Global Top Stock Ideas and "Unattractive" in our US Industrials Global Top Stock Ideas.
- UPS (UPS) and FedEx (FDX) were downgraded today by Morgan Stanley citing concerns over competition from Amazon's (AMZN) freight service. Amazon Air, as the service is known, could cause UPS and FedEx more headaches than investors realize, according to the report. Morgan Stanley cuts its revenue estimate by 2% for each but indicated it could cut further. UPS is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Industrials Global Top Stock Ideas. FedEx is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Industrials Global Top Stock Ideas. Amazon is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Consumer Discretionary Global Top Stock Ideas.
- Visa (V) and Mastercard (MA) sent a letter to the EU offering to cut the fees they charge on foreign transactions in an effort to end the EU antitrust probe. Visa and Mastercard will reduce the interchange fees charged on debit cards to 0.2% from 0.3% and on credit cards to 1.15% from 1.5%. The EU said it will study the offer as it reviews the industry and have a response within 6 months. Visa is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas and "Neutral" in our US Information Technology Global Top Stock Ideas. Mastercard is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Information Technology Global Top Stock Ideas.
US Treasuries - US 2-Year Treasury Notes are higher with yields down -2.85 basis points to 2.79%
- US 5-Year Treasury Bonds are higher with yields down -3.21 basis points to 2.78%
- US 10-Year Treasury Bonds are higher with yields down -5.97 basis points to 2.91%
- The US Treasury 2s-5s Spread has narrowed 0.35 basis points to -0.01%
- The US Treasury 2s-10s Spread has narrowed 3.12 basis points to 0.12%
- US Treasury 5s-10s Spread has narrowed 2.76 basis points to 0.12%
Currencies - EUR€ is currently little changed against the USD$ at 1.1342
- GBP£ is currently little changed against the USD$ at 1.2716
- CHF is currently little changed against the USD$ at 1.0024
- JPY¥ is currently down 0.792% against the USD$ to 112.76
Commodities - WTI Crude is currently up 0.57% to USD$53.25/bbl with the Brent-WTI spread down USD$-1.09 to USD$7.52/bbl
- Gold is currently up 0.61% to USD$1238.21/oz
submitted by /u/QuantalyticsResearch [link] [comments] |
I want to improve my learning process and I need some advice. Posted: 04 Dec 2018 08:05 AM PST Hey guys! I guess this one came up a lot in this sub but I really need some advice. I was never into trading though I do own a few stocks. Right now I have some free time on my hands and would like to learn a lot more about it. Recently, I started with The trading game and it's definitely a fun way to learn. I get quizzes all the time and they let me know if I am on the right track with my learning process but I don't know if the information it provides is enough to get into the real thing. If it's worth anything, I made a 30% profit on the app using play money. This was all based on my own hunch and the tips I got from the app. Right now I want to get more into the technical stuff like patterns and anything related to that. If there is a similar app that is interactive and fun to use I would gladly check it out! submitted by /u/calderh18 [link] [comments] |
Fedex and UPS Posted: 04 Dec 2018 08:15 AM PST Are Fedex and UPS good buys right now? Both are experiencing pretty big dips right now (around 7%) and this quarter is usually their best with all of the holiday revenue they bring in. Thoughts? Is it a hard pass? submitted by /u/CrusaderThraex [link] [comments] |
Breaking News! OTCQB:CBDY Target Group Inc. Signs LOI Posted: 04 Dec 2018 10:36 AM PST |
Stock Trader Interest Survey Posted: 04 Dec 2018 12:46 PM PST Hello! I'm doing some research on current market interests and areas of focus from stock traders, and I'd love some feedback from any of you. More specifically, I want to understand how and why current stock traders got involved with investing and where there interests are focused. Please let me know if I you'd be willing to answer a small number of questions! submitted by /u/nloffredo17 [link] [comments] |
BMY - Bristol Myers Squibb: 1-2 billion pension expense. Posted: 04 Dec 2018 05:46 AM PST Hello all, I am looking at BMY as they are a large and successful company that is far below its price of a year ago. I noticed that they are going to pay off 1-2billion in pension expenses as they are cutting that specific retirement option. For the future, I see this heavily benefiting the profitability of the company as pensions are way to expensive. However, will the expense hurt the stock in 2019 when it gets paid out or is this type of expense already deducted from the company in 2018? If it is the second option, I can see this stock easily climbing 20-30% in less than 2 years. submitted by /u/Elements-fury [link] [comments] |
Lukoil? Posted: 04 Dec 2018 08:35 AM PST Trades on the pink sheets. Good growth since 1996. Anybody holding it? I might buy some this week. It pays close to a 4.5% dividend. submitted by /u/canadian1987 [link] [comments] |
Covered Call Growth Strategy? Posted: 04 Dec 2018 06:28 AM PST I'm just looking for some feedback here. Seems like generally, it's not difficult to find and sell weekly calls (with a strike just above current price) for about 1-3% premium of the holding value. For example, 100 shares of KMX is worth 6550 with next week's 65.50 call worth 1.25-1.50. That's somewhere around 2%. Selling these every other week, for a 2% gain, would net 52% annually. Seems like a good strategy? What's wrong with it? Of course the upside is limited. I recently sold amzn calls and have lost out on about 10k from share price increase. submitted by /u/pfurdum [link] [comments] |
Thoughts on Etsy? Posted: 04 Dec 2018 07:25 AM PST I have around 3k to invest on one stock. Etsy looks like a good buy. I dont have any commerce stocks. I could grab about 55 stocks at $54 with it today. Thoughts? Any other stocks I should grab instead? submitted by /u/EasyRider64328 [link] [comments] |
$RYPPF Posted: 04 Dec 2018 08:13 AM PST Learned about this stock researching LULU this morning. What do you guys think about this brand and their balance sheet. There's not much info on them but they are growing pretty quick. Thoughts? submitted by /u/25millz [link] [comments] |
r/Stocks Daily Discussion Tuesday - Dec 04, 2018 Posted: 04 Dec 2018 04:06 AM PST |
Your thoughts on $GE ? Posted: 04 Dec 2018 01:13 PM PST I think it will go over $8 till the end of the year cause its heavely over sold. I don't have a postion but I'm considering buying call options on $7.5 strike price. submitted by /u/greenback_litquid [link] [comments] |
Thoughts on Kratos? I am considering.... Posted: 04 Dec 2018 12:15 PM PST I am considering buying but am mostly wrong with my buys these days. So I am wanting to hear what you think. Thank you in advance! submitted by /u/makingdayscount [link] [comments] |
NVDA a good buy now while it’s low? Posted: 03 Dec 2018 02:31 PM PST Nividia stock has taken a sharp downturn but is looking like its on the way up. Currently trading at 170. Good buy right now? Update: thanks all for your helpful advice! I decided to go ahead and purchase a few shares for $167. I plan to hold for a while. submitted by /u/sierra400 [link] [comments] |
Does extended hours trading affect the opening price of a stock the next day? Posted: 04 Dec 2018 07:22 AM PST Recently Workday Inc. (WDAY) reported a higher EPS than expected in its last report. Because of this I decided to purchase a couple of shares in the extended hours as I believed the price would go up in the days to follow, which it has. When I bought the shares I got them at right around $161 a share. However, the next day I believe it opened at around $156. I am wondering to what the advantages/disadvantages of extended hours trading and if extended hours trading affects trading during regular hours. submitted by /u/mikeyw1227 [link] [comments] |
Anyone buying $NTDOY for Friday Smash hype ? Posted: 04 Dec 2018 09:00 AM PST Thinking of swinging this with the positive reviews and sales from the new smash. Smash bros isn't just another game., especially for Nintendo. Think I can swing for 5-10% submitted by /u/AdamCaveRoberts [link] [comments] |
What is your opinion on Canopy Growth Corporation (CGC) stock? Posted: 03 Dec 2018 07:49 PM PST Now that the weed hype is over and the stocks have seemingly corrected, what is your opinion on Canopy Growth Corporation (CGC) as a long term investment? submitted by /u/Big_Bass_Fish [link] [comments] |
Any commodities that were historically similar to cannabis stocks? Posted: 03 Dec 2018 10:41 PM PST Can anyone think of a commodity in the past that entered the market in a manner similar to cannabis? Something that first entered and see-sawed for a while, had all sorts of legalization issues (or something similar to legalization that would make it volatile), and then it eventually worked itself out and stabilized perhaps over the course of 5-15 years? I'm trying to draw parallels between cannabis and something else in the markets. submitted by /u/Tahnka [link] [comments] |
WHATS UP WITH ATVI? Posted: 04 Dec 2018 05:47 AM PST How do i treat this Stock now? And whats the reason behind the drop Yesterday couldn find any information submitted by /u/Cptnkoji [link] [comments] |
Is there a reasoning behind Activision's drop as of late? Posted: 03 Dec 2018 08:30 PM PST Is there a reasoning behind Activision's drop as of late? I realize that there was a fair bit of concern during its earnings report but I'm still not understanding the drop over the past five days. It dropped about 5% on Friday. And another 6% today. And yes, like a fool I've been buying. But is there a bit of news that explains the drop today or even on Friday? Also I wonder whether 45/share will be support for the stock. Yes, I understand the argument that they are losing MAUs, etc. but I'd venture to say the stock is a bit oversold at this point. https://imgur.com/a/LRJ39rj submitted by /u/Dracomies [link] [comments] |
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