Amazon is reconsidering NY headquarters site because of local opposition, Washington Post reports Investing |
- Amazon is reconsidering NY headquarters site because of local opposition, Washington Post reports
- The US and China don't even have a trade deal draft yet as deadline approaches
- Tesla's delivery team gutted in recent job cuts - sources
- Hey guys! I started a new Open-Source software project for Technical Analysis and Bot Trading. Any suggestions or help are appreciated. Thank you :)
- An Introduction To The Cannabis Sector
- Trump is reportedly expected to ban Chinese telecommunication equipment from US networks
- What if you invested in top performing stocks of last 3 years?
- EA more than recovers from its 15% earnings call drop
- Private Placement Debt security offering.
- Goodwill and intangibles in the pot sector
- ELI5 German budget surplus in low-debt recession
- What can a high school senior do with $25k?
- 1-Year Treasury: 2.55 APY, 7-year Treausry: 2.54 APY. The inversion slumps further...
- Why SHV is ~1.5% when Short Term Treasurys are 2.4%
- what happened to google's stock quotes?
- So why the hell did EA pump TODAY?
- The US and China don't even have a trade deal draft yet as deadline approaches
- ATVI
- Investing in EA because of current success worth it or nah?
- Interviews and Analysis on VIX blowup
- Covered Call ETFs
Amazon is reconsidering NY headquarters site because of local opposition, Washington Post reports Posted: 08 Feb 2019 08:46 AM PST |
The US and China don't even have a trade deal draft yet as deadline approaches Posted: 08 Feb 2019 06:06 AM PST The Wall Street Journal says the two sides have not even drafted an accord specifying the matters they agree and disagree on. The report comes just a day after White House economic advisor Larry Kudlow said there is a "pretty sizable distance to go" before China and the U.S. reach a deal. President Donald Trump also says that a meeting with Chinese President Xi Jinping will not take place before the crucial March deadline. The market is priced in of a good trade deal, now it is given back the gain everyday. [link] [comments] |
Tesla's delivery team gutted in recent job cuts - sources Posted: 08 Feb 2019 04:51 PM PST
[link] [comments] |
Posted: 08 Feb 2019 04:18 PM PST https://github.com/lcmeyer37/openstock Current Features: - [x] Real-time data for multiple assets: stocks, dividends, indexes, cryptocurrency - [x] Possibility to analyze multiple charts at the same time - [x] Use of Annotations and Indicators for Technical Analysis - [x] Use of Robots to test automatic Algorithmic Trading - [x] To create your own Indicators to use with the software (Bearcode Scripts) - [x] To create your own Trader Bots algorithms to use with the software (Bearcode Scripts) - [x] To test the efficacy of algorithms with the Bots Editor and History Trading Simulator - [x] Save/Load Charts and Offline Transactions - [x] Export .csv files for spreadsheets tracking - [x] OHLC and Separate Indicator charts - [x] Offline Trading - [x] Telegram Bots for private notifications Data and functionality provided for free by: * IEX * Alpha Vantage * CryptoCompare * Telegram API [link] [comments] |
An Introduction To The Cannabis Sector Posted: 08 Feb 2019 07:41 AM PST Hello r/investing I wrote this originally in r/weedstocks (original post here) as we had a now famous "Reddit Gold Guy" millionaire posting who just started giving Reddit gold to a ton of comments and posts because he apparently hit the big seven figures from his investment in cannabis stocks. The post hit r/all and we had an influx of ten's of thousands of rookie investors hitting this sub...so I wrote this for them and thought you guys might like it as well. TLDR: This is essentially an updated write up which delivers a basic rundown of the cannabis industry, cannabis applications and consumption, the current state of affairs, major companies/partnerships, and where the current market is as of writing it. Here is the previous write up but it's not necessary to read as it's a little dated now. Information may not be accurate. Believe it at your own risk and verify it on your own accord.
(1) Quick Summary of the IndustryCannabis is following the trend of what is likely to be (or close to be) global decriminalization/legalization of the marijuana plant and its derivatives. So far, much of the buzz in the industry has been focused on the Canadian space with the US and international buzz picking up as well. (A) Canada - has had federal legalized medical marijuana and marijuana derivatives for years but you needed a prescription in order to obtain any of it. Last summer legislation (Bill C-45) was passed to legalize recreational marijuana on the federal level in Canada. The first recreational sales happened on Oct 17th of this year, which means the doors to retail outlets and online ordering will be open to any adult who wishes to purchase cannabis. There is limitation in availability of products as the ruling bodies dictated that only "flower" or "bud" (traditional dry smokable weed) and oil tinctures/capsules will be allowed for sale to the public for the first year of legalization with other products to be sold after this time (vapes, edibles, beverages, and topicals like lotions, balms, etc.). (B) International - expansion is one of the major focuses of these Canadian companies. International countries are opening the doors one at a time as the "domino's fall" and either decriminalizing cannabis to some degree, legalizing medical programs for patients, or recreational programs for adult use. Most of these Canadian companies are expanding via foreign ownership/investment into companies there or setting up international operations as the doors open up in foreign countries. These Canadian companies are expanding beyond their borders and turning themselves into global companies. (C) United States - is moving quickly in taking steps towards legalization as well. I'm sure many US citizens who aren't familiar with the industry have noticed how many states are opening up in the same way as many of these foreign countries via decriminalizing or outright legalization for medical or recreational usage. The states have their own degree of power so they are doing this despite the federal legalities. I believe we have approximately 30 states that have some degree of decriminalization or legalization or cannabis. The US also recently passed the Farm Bill which legalized hemp on the federal level and allows for interstate shipping (vs cannabis which cannot be shipped between state lines). The US is also proposing a new bill (similar to many shut down before) to open up banking to US cannabis companies, which is a big deal for US operators. Overall, Canada is federally legal and the starting point as many Canadian companies are expanding internationally. The Canadian companies recognize the US as a massive opportunity, but don't fully enter the sector yet so they aren't breaking federal law. There are many US companies operating within US borders (despite federal laws) and building up state by state operations, which has coined the term MSO or multi-state-operator. These MSO's and other US operators cannot expand internationally, so they are held back...at the same time, they are building up big operations in the US and are shielded from their larger and much more well funded Canadian counterparts. FYI I got tired writing this thing so I didn't include as much information in listing the US companies or their operations like I did for the Canadian companies. Maybe I'll get around to it later on...for a great resource on US companies, financials, equity information, state by state break down, etc. Check out this link and it was posted earlier to this sub here. Shout out and acknowledgements to to some mods and other users in r/weedstocks but I didn't want to tag them yet again in the same post. (2) Major Canadian CompaniesThere are some major cannabis companies that have emerged in Canada. The recognized big players are...
Other notable Canadian players...
There are a few other significant, but smaller players as well if you want to research further. Regarding tickers, something to keep in mind is many of these companies have dual listings, which means if you Google them then you might see the Canadian ticker for the TSX (Toronto Stock Exchange) or CSE (Canadian Stock Exchange), but if you are in the United States you must purchase the stock off of their alternative OTC listing; there is no difference here except for being on different exchanges and listed in different currencies, but they are the same stock and perfectly in sync with one another. (A) Quick Rundown There are many "marriages" via partnerships and suspected entrances in this industry from big alcohol, big tobacco, and big pharma. The reason being that cannabis is a big deal and will likely cut into their market share and also the applications and potential of the products (more on this later). Canopy Growth has always been recognized as the market leader and traditionally has operated and executed a step ahead of the competition and so far, continues to do so. Constellations Brands (Makers of Corona, Modelo, etc.) has made two investments in Canopy and thus far has invested near 5 billion dollars into the company, which brought legitimacy to the sector and is by far the largest equity stake/partnership to this date. The other most notable partnership IMO is Altria (major tobacco company) making a similar equity stake/partnership in Cronos Group with a ~2 billion dollar price tag. Other notable involvement and investments
This is all adding further legitimacy and hype to the industry. There are many rumors of other alcohol, beverage, pharmaceutical, and tobacco companies looking to get involved in the sector. Some have openly acknowledged their interest or "closely monitoring" things, such as Coke, Pepsi, Diageo, and others. (4) Consumption Methods, Medical Application, and Product BreakdownSo far there is the black market marijuana that we all know and love, dry bud, the grass, the dank shit. There is also the notorious edible brownies which hit you like a truck. So we have dry bud and we have volatile edibles...this is the black market world so let's start to take a look at the real white market potential here... (A) A Quick History Lesson Marijuana was initially made illegal in the US during the early 20th century, when hemp based paper (the non hallucinogenic "brother" of marijuana) threatened to compete and undercut traditional paper sales and was lobbied against successfully to make it illegal. Later on in the 60's and 70's, marijuana was used (especially during the Nixon administration) as a means to incarcerate minorities and successfully generated a very strong stigma associated with it through propaganda. This continued through the 80's during the Reagan administration and the later use of programs like DARE (Drug Abuse Resistance Education) that were an attempt to stir up further fear of cannabis as a "gateway drug" leading to further use of harder and more addictive illicit substances. The international community had also largely followed the US in regards to making marijuana illegal. So in turn, this plant has never been researched thoroughly. (B) CBD & THC - are two different products that can be pulled from the plant (so far). THC is what we mostly associate with the effects of marijuana and it's the psychoactive ingredient which delivers "the high". CBD is non-psychoactive and does not intoxicate you in anyway but can bind to receptors via fancy science I don't understand and provides a plethora of benefits and opens the door to a variety of application (we'll cover this later on). You can extract and develop stand alone THC products, CBD products, or products with a combination of the two. This industry is really in the beginning stages of research and more is being discovered about the plant as well as many clinical trials for a variety of issues and new cannabinoids (like THC or CBD). (C) Recreational, Medical, Beauty/Wellness, and Alternative Application On the recreational side, you have a large populace of people who already use cannabis around the globe. Even polls and surveys which show usage could be incorrect in their reports as the previously well established stigma often leads many to lie about the frequency of usage or whether they partake at all (I see this with many people in my own life). Combine this with the likely many people who have never used marijuana or any other products (possibly due to the stigma, legalities, lack of education, and/or inconsistent quality, potency, or cleanliness of "product") and who are likely to experiment as things change...you have a recipe for a massive industry. This is especially applicable to the recreational pleasure from "getting high" from smoking, drinking, eating, or vaping cannabis. Beverages, Edibles, and The Future of Consumption: Many of the leaders of these cannabis companies agree that cannabis edibles and beverages in particular, will be the future of recreational cannabis consumption and make up a significant portion of total sales in time. This is often what Bruce Linton, CEO of Canopy Growth, has been preaching in press releases and in the media for the past year or two. For those who are unfamiliar with cannabis or edibles...edibles can hit you like a truck. Picture drinking a mixed drink and not knowing the exact alcohol content. You don't know how strong the effect is going to be. You don't know if it's going to "hit you" in 30 minutes or 2 hours from now. You don't know if it's going to last for 2 hours or for 12 hours. An important note on the matter of these beverages is that this is not in regards to a "liquid edible" which are already on the markets in some places (such as in California) but rather having a similar on-set to that of alcohol. This would mean something similar to drinking a beverage, having the "buzz" felt with 5-10 minutes, and then completely sobering up within an hour or so. These drinks generally would not be combined with alcohol and would be a set amount of THC and/or CBD and contain zero calories; this factor, combined with the anticipation that cannabis sales are going to disrupt alcohol sales, is likely two of the main reasons many alcohol companies have entered this sector and other beverage companies are eyeing the sector. On the medical side, there many exciting things happening. Like I previously stated, not much research has been done on the plant until now. Many new discoveries are happening such as GW Pharmaceuticals receiving approval from the FDA to bring their drug Epidiolex (a cannabis derived drug that treats a form of epilepsy) to the market. Many alternative products are also being developed to compete with the likes of simple drugs such as Aspirin, through utilization of CBD-based gel capsules to help with pain management or other ailments. Without getting too into the weeds on the subject (pun intended), there are multiple biotech and direct cannabis companies that are researching and currently undergoing clinical trails to get approval of their cannabis based drugs. We are talking about cannabis extracts or creams for targeted pain treatment, general pain treatment, arthritis, sleep aid, rest/relaxation, anxiety, pet anxiety and pain, and more. Even major CEO's like former Yahoo CEO Carol Bartz has spoken to her investment in the sector due to her usage and how much it's benefited her bad knee's. We are even seeing veterans turning to cannabis products for PTSD, trauma, and other issues and using their own cash to purchase them. Their usage of their "free" opioids (covered by the VA) is reduced or completely denied as cannabis works better for them. It was one of the reasons former speaker of the house John Boehner joined the board of one of the larger US cannabis operators, Acreage Holdings. Overall, I've been shocked at what has happened already and even more so the pending approval and potential of some of these cannabis based products for general health and medical application. On the beauty/wellness side, I see this as a sort of continuation from medical application. Every product imaginable is being combined with THC/CBD or other cannabis derivatives. Likely not all, but some of these will become significant in the future. A wide range of lotions, balms, sexual lubricants, libido enhancers, patches, pills/capsules, feminine products, etc have been or are currently being developed. In particular, some of the people in my social circle have been utilizing lotions and balms for arthritis and targeted pain management. In time, I'm sure we will see more development on beauty products as well. Companies like Coke or Pepsi are also eyeballing the sector for the concept of potentially creating products such as a CBD post-workout beverage (think Gatorade). Many former athletes are coming forward to exclaim how cannabis would have been highly beneficial to them during their careers and athletes like Joe Montana have invested in the sector. in It's also important to note that some of these products may come from hemp rather than marijuana. And yes, hemp and marijuana are not the same thing, but are apart of the same family. In regards to Alternative application, I mostly view this as the potential outside of marijuana and closely related to hemp. Hemp has very strong fibers and has a wide range of application across multiple mediums. My knowledge is more limited here and the potential may be limited as well. However, alongside the legalization of marijuana is hemp being fully legalized (Farm Bill just did this) and we could see eco-friendly application for clothing, construction materials, biofuel, plastic alternatives, carpet, insulation, mulch, cardboard, etc. So overall, what we are looking at here is potential application and disruption of the pharmaceutical, alcohol, tobacco, health/beauty/wellness, and other industries. To what degree exactly? No one can be certain yet... (D) Summary If you aren't convinced yet, then get convinced. Many people often have a hard time looking past the stigma of consuming cannabis and view it as a drug while associating it with laziness, hippies, etc (you know the stereotypes). Even people who use/used cannabis have a hard time imagining a future where cannabis is consumed in a non-traditional way such as beverages or balms/creams. Furthermore, even in the investment community has often ridiculed the sector as "weed grows like a weed.", "It's a commodity", "It's a giant bubble and a fad", "These companies are grossly overvalued" etc. In order to understand the potential of this plant alongside the possible global decriminalization of this drug, you need to look past these mental blocks and see the potential. When you have people like Danny Moses (Investor from the movie "The Big Short") investing in this sector, it's probably a good idea to look into what he is doing and why. The United States and Global ExpansionMany of these Canadian companies are grossly "overvalued" meaning that they are trading on the stock market for a much higher price then their current financials can justify. Some of this is due to hype but most of it is due to investors pricing in the potential of the industry. Legalization and implementing new laws and regulation is a slow process. Educating the public and reducing/removing stigma is a slow process. Research and development is a slow process. Construction of these massive grow operation facilities...a slow process. You get the point. This industry is moving very fast but the stock market is moving faster. As of this moment, sales and revenues are not going to stay up to speed with the valuations of these companies but the potential is being priced in as time goes by. This is slowly entering to more dangerous territory in terms of forming a giant bubble. However, if these companies begin to live up to their current valuations then their stock will likely continue to rise as it will likely always be trading significantly above their current financials. You make up your mind on when the best time to invest is (more on this at the end). You might be asking yourself about the United States. The writing is on the wall as far as I am concerned and many states have decriminalized marijuana or approved some form of medical or recreational usage.The main issue with the US cannabis companies as it currently stands is the fact that marijuana is still illegal on the federal level... With so many states having some degree of marijuana decriminalization, it's creating a strange situation. Many US cannabis companies struggle to get a line of credit or access to loans from banks because they are operating against federal law. They also aren't getting all of the potential tax breaks that they could if they were operating legally and often have to pay their taxes in cash. With cannabis becoming such a booming industry, this adds additional growing pains for these companies with little access to traditional capital. Many of these companies have to dilute their stock in order to get ahead (Basically paying for something by issuing more shares and giving up a portion of your company. This hurts shareholders.) This also leads to struggles around distribution and operations in that if a company operates in two neighboring states, then they can't ship product across state lines. If you can't ship state to state, then you definitely aren't shipping anything out of country; the US operators are unable to expand outside the US by any traditional means. How things turn out is a debate in the industry and I don't believe we are far enough along to really place a confident bet on the outcome. There are some factors to consider when it comes to US companies/US expansion as well as expansion into the US. Many Canadian companies had some degree of connection to US cannabis operations; but they disassociated or divested in them likely so they could uplist to a more prestigious exchange (NYSE or NASDAQ). These exchanges won't allow any companies to be doing activities considered illegal by the countries in which they operate. So generally speaking, most Canadian companies are going to be completely removed from the US for the time being. This may serve to some degree of protection in allowing the US operators to seize market share and establish themselves during this unique phase, rather than being gobbled up and acquired by their larger Canadian counterparts right now. However, most recently with the passing of the farm bill and federal hemp legalization, Canopy entered the fray and is now building out hemp operations in New York. In my opinion, the question of who is going to dominate the US is largely dependent upon how quickly these US companies can establish themselves prior to potential federal legalization (in order to make it more expensive to acquire them). The United States is a massive market and not one to be ignored, even on it's own accord. This is also a double edged sword for US companies as the "protection" granted by federal law also holds them back from expanding beyond US borders. So the question evolves when assuming US companies take control of their native soil and hold it upon federal legalization...can they compete internationally with the Canadian companies who have been establishing themselves on a global scale, while the US operators have been developing on their own soil. Currently, my thoughts are more likely major mergers between US and Canadian operators to allow an international established presence as well as a foothold on American soil. The Current State of the Market as it Relates to Cannabis Stocks:So now that you have idea on the current state of affairs, applications and developments, and an idea of the territories...it's about investing right? Do your own due diligence and check sources on any articles, books, podcasts, or other media you consume in your research. Some things you should know about the industry: To say these stocks are volatile is an understatement. If you think of investing as getting a 7 - 10 - 12% return each year, maybe slight 1 - 1.5 - 2% percent increases or decreases on a typical day...this industry may very well be exactly for you or maybe it's not for you at all. Many people invest in this industry with the belief that cannabis is going to be on par, if not bigger, than alcohol. That's big talk and with it comes big expectations and big swings in stock price. Traditionally this industry has been dominated by retail investors (AKA you and me) as well as experienced traders...not big institutions or hedge funds that might bring some balance and stability to these stocks. This means that cannabis companies stocks have traditionally seen frequent and sudden extreme swings, pending the equally volatile emotions of the investors in this sector. What does this look like? Imagine doubling your money in a month only to see it drop all the way back or below where it was three months later. $10,000 can turn to $20,000, only to have it drop just as fast back to $10,000. Buying in with that same $10,000 at the peak of the hype, only to have it sit at $5,000 for months on end until the next big run...this is volatility. Timing is important and perhaps most important is having a game plan. I'm just writing this about the industry and investing in general is another subject, so I'll leave that alone. Be wary of the general state of the sector and the movement of these stocks. There are good times and bad times to buy or sell for different reasons. Understand tax implications and the different investment vehicles. Do your research. Be wary of the garbage companies looking to capitalize on this hot new industry. Some crappy penny stock could just be some BS and it's a great way to lose all of your money. Do your research. Be wary of the biases in the resources you do utilize. Subs like r/weedstocks have notorious "favorites" or companies that a large majority of the sub holds in their portfolio so you see a lot of comments and pumps for those companies. Or (linked below) New Cannabis Ventures in which the news they post and share is from companies who are paying them for exposure (They aren't going to say anything bad about their clients or share good news about their competitors). Do your research. Am I getting my point across? Do your research, educate yourself, and be smart. Lots of people lose money and consider the stock market gambling because they are foolish, uneducated, and/or highly emotional. As I'm writing this, this sector has seen quite the bull run over the past month. Literally gains of 5-15% have happened every day over the past few weeks. Traditionally, this sector has seen the near equivalent pullback after a crazy bull run like this. That said, you never know when some big news is going to hit the sector and send it on another run. Generally speaking, the industry is always floating in a sea of rumors of other big names coming to the sector or big news to be released. We are also on the cusp of recreational sales being reflected in companies financials in the coming weeks, so this is really a matter of your own risk tolerance. These prices could keep climbing for while and you will have wished you had just bit the bullet and bought in or they very well could come crashing back down as they have previously. The decision is yours to make. Helpful Resources and Information On This Industry: https://www.newcannabisventures.com/ https://midasletter.com/cannabis/ https://www.statesidecannabisinvestors.com/ https://www.reddit.com/r/weedstocks/ https://www.reddit.com/r/TheCannalysts/ Solid but Not Absolute List of Most Legitimate Cannabis Companies: https://www.newcannabisventures.com/cannabis-company-revenue-ranking/ Final Thoughts: I'll say it again, do your research. I wrote this as a little starting place to those who might have heard about "Canopy Growth" from Cramer or read an article about the "Big Pot Boom". Just trying to spread the love and give people a starting place if you are new to this sector. If you are new to investing as well as this sector, please read some of the history in this sub, look at the charts, read a book or two on personal finance/wealth management/investing. That's what I did and I'm doing okay for myself. [link] [comments] |
Trump is reportedly expected to ban Chinese telecommunication equipment from US networks Posted: 08 Feb 2019 11:10 AM PST Which companies stand to benefit the most if he follows through with this? [link] [comments] |
What if you invested in top performing stocks of last 3 years? Posted: 08 Feb 2019 06:30 PM PST What if you took the 10 best preforming stocks of 2016, 2017 and 2018 and invest in then today? Is this a bad idea? What would have happened if someone had done the same idea last year or 2 years ago? [link] [comments] |
EA more than recovers from its 15% earnings call drop Posted: 08 Feb 2019 09:47 AM PST From 78 USD on its Wednesday low to 96 dollars now - an impressive almost 23% gain accross two days. Partly oversold compounding with news of Apex Legends downloads I suppose. [link] [comments] |
Private Placement Debt security offering. Posted: 08 Feb 2019 10:11 PM PST I've been looking into this decision by Verizon and can't seem to find if this would be a positive thing for the company or a negative. Basically, what I've found is that it can be good or bad depending on the company and the terms of the exchange. Anyone had experience with this before? [link] [comments] |
Goodwill and intangibles in the pot sector Posted: 08 Feb 2019 06:01 AM PST So I decided to vet the details of this hackjob Aurora short report released yesterday: http://harvestmooncannabis.ca/aurora.pdf. Before I start I just want to say whoever wrote that report needs to work on their grammar. Anyway I took at look at some of the balance sheet items BB was referencing and made the observation that Aurora has a lot of goodwill on their books. About $2.8B. They also have about $600M in intangible assets. This is in addition to other speculative assets like investments in associates and derivatives, which BB covers in their report. All told it's about $3.8B. Wondering how this compared to the rest of the sector, I thought I'd put together a quick and dirty analysis. Here it iis: https://i.imgur.com/jggchhX.png. Aurora - $3.84B = 36.5% of diltuted market cap Aphria - $1.22B = 37.0% of diluted market cap Canopy- $1.56B = 4.95% of diluted market cap Cronos - $18.2M = 0.16% of diluted market cap Tilray - $1.4M = 0.013% of diluted market cap It's pretty eyeopening to see what a large percentage resides with Aphria and Aurora in terms of market cap. It's pretty obvious that the large goodwill/intangibles balances belong to the companies that have done the most/largest acquisitions. There will almost certainly be large writedowns/impairment against these balances come future earnings reports. Ontario's retial fiasco stands out as an obvious trigger for a writedown. HIKU (Canopy) and Alcanna (Aurora) both greatly affected. Basically any retail investments should be affected by the incredibly bad situations in Ontario and Quebec. That's just off the top of my head. Constellations already took a writedown on the Canopy investment. Considering how little revenue these operations are generating vs. their hefty acquisition price tags I wouldn't be surprised to see writedowns in the immediate future. This could be a reason why Aurora is promising profitability in the very short term (to avoid having to impair theae huge balances). I personally don't see it in the timeline they've given. Very ambitious considering all the depressed sales stats we're seeing. Other events I can see would be the revelation that Aurora's MedReleaf acquisition won't be producing in anywhere near the sq footage described as part of the acquisitions. The 100,000kg they attribute to MedReleaf Exeter will likely never be built out. [link] [comments] |
ELI5 German budget surplus in low-debt recession Posted: 08 Feb 2019 12:25 PM PST I've never really had a grasp on why Germany's running a budget surplus while: -they're in a (mild) recession -they have low debt-to-GDP -their low spending has been pulling down the rest of the EU which's shown few signs of life since GFC -Euro remains fragile, ECB unable to climb out of 0% since GFC I'd guess they're seeing the weak Euro rates and weak surrounding economies, not fully confident those surrounding economies will be able to maintain stability should another deep recession hit. -But that doesn't really make sense to me - economic growth compounds, too; cutting growth out of the EU (and Germany) will necessarily lead to a more painful recession. -And if they were planning for a recession and don't believe the rest of the EU is competent, why don't we/I hear much about German EU-skeptics? (Sorry for my ignorance!) [link] [comments] |
What can a high school senior do with $25k? Posted: 08 Feb 2019 04:47 PM PST Hello all, I am currently a high school senior going off to college in September. With school almost over, I've had some time to consider ways of managing and investing my savings, which total up to about $25k give or take. I have no debts, won't have to pay for college, housing, car, or any of that stuff. I want to invest long term and won't really need money until I graduate college. My goal is to build up my net worth to 50k by the time I graduate college. I currently have around 2.5k in stocks and bonds, looking to invest the rest. With the way the markets are going I don't feel safe investing them all in VOO or SPY, I currently own some corporate bond ETFs and they seem like a safe bet. I also bought some tech stocks during the dip and they're doing quite well. What should my portfolio allocation look like? How can I maximize my return while avoiding risk? I'm thinking 30stocks-70 bonds. Would love some advice on this. [link] [comments] |
1-Year Treasury: 2.55 APY, 7-year Treausry: 2.54 APY. The inversion slumps further... Posted: 08 Feb 2019 12:07 PM PST There was some talk a few months ago about the 2-year / 5-year Treasury yield inverting. The main benchmark of note is the 2-year/10-year however, so I think the earlier inversion was discounted as a bad sign, but not necessarily apocalyptic yet. Yesterday, Feb 7th, the Yield Curve for the 1-year and 7-year has inverted as well. I've also noticed that the 3-month and 1-month is inverted. With the 10-year at 2.65, it is still 10 basis points away from inverting with the 1-year. (Note that the 2-year is inverted at 2.48, so the 10-year will invert relative to the 1-year before it inverts with the 2-year...) [link] [comments] |
Why SHV is ~1.5% when Short Term Treasurys are 2.4% Posted: 08 Feb 2019 09:21 PM PST |
what happened to google's stock quotes? Posted: 08 Feb 2019 03:20 PM PST like, i have my spreadsheet linked to google, and now it's all messed up. at&t is quoting as this; https://www.google.com/search?source=hp&ei=lQ5eXILwL4-v5wKCyabwCg&q=at%26t+stock&oq=at&gs_l=psy-ab.1.0.35i39l2j0i20i263j0i67j0i20i263j0i131j0l4.281.492..1675...0.0..0.151.337.1j2......0....1..gws-wiz.....0.stCbFOTgTNk general mills as this; https://www.google.com/search?ei=lw5eXIHBNom15gLevKOQDA&q=general+mills+stock&oq=g&gs_l=psy-ab.1.0.35i39l2j0i67l8.10005.10005..10725...0.0..0.80.80.1......0....1..gws-wiz.......0i71.OaaribwSCvA etc. it's all wrong, or in other currencies, lol. always worked before. anyone else seeing this? [link] [comments] |
So why the hell did EA pump TODAY? Posted: 08 Feb 2019 08:45 PM PST The Apex Legend game was released before earnings, and it was talked about on the earnings call. The stock is 23% over the low post-earnings. Ridiculous. You'd think the stock would be sideways until the next ER. But it jumped so soon and so fast. The question is why? Why today in particular? [link] [comments] |
The US and China don't even have a trade deal draft yet as deadline approaches Posted: 08 Feb 2019 05:47 AM PST |
Posted: 08 Feb 2019 03:53 PM PST I'm thinking about buying a bunch of ATVI. It's at roughly half its 52 week high. It's got a decent P/E ratio. They've got several successful franchises. Am I crazy? [link] [comments] |
Investing in EA because of current success worth it or nah? Posted: 08 Feb 2019 01:10 PM PST Does it make sense investing in EA stocks now that they delivered a battle royale game that's actually good and gained a ton of traction? I can imagine that being the next fortnite tbh but know nothing about stocks Location: Germany Budget: Around 4k + 1k every month? [link] [comments] |
Interviews and Analysis on VIX blowup Posted: 08 Feb 2019 09:44 AM PST https://www.bloomberg.com/news/articles/2019-02-06/the-day-the-vix-doubled-tales-of-volmageddon There's some really good interviews and insights. Some money managers seeing IV way out of wack with prices just before market close, etc. [link] [comments] |
Posted: 08 Feb 2019 05:19 PM PST $QYLD has posted dividends on average of about 11 to 12 percent on some months. I understand that this ETF runs on volatility and options premiums it sells, but can someone explain how exactly this works and why the greater the volatility, the greater the returns? [link] [comments] |
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