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    Friday, February 1, 2019

    Home Unlabelled Stock Market - February 2019 Community Stock Picking Challenge is now LIVE!

    Stock Market - February 2019 Community Stock Picking Challenge is now LIVE!

    February 01, 2019

    Stock Market - February 2019 Community Stock Picking Challenge is now LIVE!

    February 2019 Community Stock Picking Challenge is now LIVE!

    Posted: 01 Feb 2019 09:28 AM PST

    Most Anticipated Earnings Releases for the week beginning February 4th, 2019

    Posted: 01 Feb 2019 06:02 AM PST

    Is trading really for clowns and is technical analysis more like voodoo than math?

    Posted: 01 Feb 2019 07:18 PM PST

    I keep seeing opinions on how these things are for clowns. I just started my journey into the stock market, I'm not sure who is lying and who isn't but I'm sure someone is.

    If trading is really for clowns, then does that mean algorithmic trading is also for clowns?

    I wanted to apply my programming skills to the stocks, but I realize that this is not my area of expertise and as such I don't want to rush into anything.

    I would like your opinions, however.

    submitted by /u/Tarsonis181
    [link] [comments]

    Just purchased my first stocks ever! Any advice?

    Posted: 01 Feb 2019 11:24 AM PST

    I bought 6 shares of Apple (AAPL) yesterday at $141 each. I was wondering if I should sell them right away for the quick profit because the price is currently around ($166) or hold for the long run. Any advice would be appreciated!

    submitted by /u/BigLetttuce
    [link] [comments]

    Looking for a partner

    Posted: 01 Feb 2019 02:06 PM PST

    I'm looking for someone to bounce ideas off and just get a second opinion from.I like to swing stocks or options(doesn't matter the price) if you'd be down just dm me

    submitted by /u/Zachm512
    [link] [comments]

    Today's Pre-Market News [Friday, Feb. 1st, 2019]

    Posted: 01 Feb 2019 05:45 AM PST

    Good morning traders and investors of the r/StockMarket sub! Welcome to the first trading day of February! Here are your pre-market movers & news this AM-

    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Today's Top Headlines for Friday, February 1st, 2019

    • U.S. stock futures were mixed this morning ahead of the January employment report at 8:30 a.m. ET. Stocks are coming off a bullish January, with the Dow Jones Industrial Average and S&P 500 chalking up their largest monthly percentage gains since October 2015. (CNBC)
    • European markets edge higher amid earnings (CNBC)
    • The employment report is expected to show nonfarm payroll gains of 170,000 with the unemployment rate coming in at 3.9 percent and average hourly earnings rising 0.3 percent. The ISM Manufacturing Index and the University of Michigan's final January consumer sentiment index are out at 10 a.m. ET. (CNBC)
    • Two other reports — delayed by the government shutdown — will also be out at 10 a.m. ET. November construction spending is expected to be higher by 0.2 percent, while wholesale inventories for November should register a 0.5 percent increase according to economists. (CNBC)
    • Amazon (AMZN) was 4 percent lower in premarket after it gave a weaker-than-expected current quarter sales forecast. It reported earnings of $6.04 per share, beating the consensus estimate, while revenue also beat forecasts amid a record holiday quarter. (CNBC)
    • Dow components Exxon Mobil (XOM), Chevron (CVX), and Merck (MRK) will be out with quarterly earnings this morning, along with Honeywell (HON), Illinois Tool Works (ITW), Johnson Controls (JCI), and KKR (KKR). There are no reports due out after today's closing bell. (CNBC)
    • Deutsche Bank swings to first full-year net profit since 2014(CNBC)
    • President Donald Trump said he never spoke to his longtime advisor Roger Stone about WikiLeaks and stolen Democratic emails posted by the site. He also denied directing anyone to talk to Stone about WikiLeaks. (NY Times)
    • Rep. Maxine Waters: It's 'absolutely' clear that things are headed toward Trump's impeachment (CNBC)
    • There are about two weeks until large sections of the government could shut down again, but neither Trump nor House Speaker Nancy Pelosi appear ready to back off their positions on funding for Trump's proposed wall. (CNBC)
    • Trump calls wall talks 'waste of Time' and dismisses investigations(NY Times)
    • Arizona lawmaker pushes porn tax to pay for Trump's border wall(CNBC)
    • Trump, giving an upbeat assessment on the U.S.-China trade dispute, said he expects to meet again with Chinese President Xi Jinping to resolve the conflict that has rattled the global economy. (WSJ)
    • Another number paints a bleak picture of manufacturing in China(CNBC)
    • CVS Health (CVS), Cigna (CI) and other pharmacy benefit managers may come under pressure after the Trump administration proposed a new rule that would end rebates that PBMs receive from drug makers. (CNBC)
    • CNBC has confirmed that former presidential candidate and Godfather's Pizza CEO Herman Cain is under consideration for a Federal Reserve governorship. Cain met with Trump this week at the White House.
    • In an interview with CNBC's Jim Cramer, Democratic Sen. Elizabeth Warren said she wants billionaires like Howard Schultz and Michael Bloomberg to subscribe to the U.S. "social contract" and pay "their fair share" in taxes.
    • Bernie Sanders proposes big estate tax hike, including 77% rate for billionaires (CNBC)
    • A storm swinging into California this weekend will spread a mess of snow and ice from parts of the Midwest into New England next week after one of the coldest Midwest outbreaks in a generation. (The Weather Channel)
    • Polar vortex: Your phone's battery will die if it's too cold out(CNBC)
    • Go away, polar vortex: Record-shattering cold set to give way to 'spring-like temperatures' (USA Today)
    • Facebook (FB) said it removed 783 pages, groups and accounts with ties to Iran as part of the company's continued effort to rid misinformation. The company said the Iranian accounts were used to push Iranian propaganda. (CNBC)
    • Apple and Facebook make peace so Facebook employees can start using internal iOS apps again (CNBC)

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET 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!)

    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!)

    NEXT WEEK'S EARNINGS CALENDAR:

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

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($XOM $CVX $HON $MRK $SNE $WFT $CI $SOGO $TWIN $JCI $D $BAH $IDXX $ITW $KKR $ROP $WY $BERY $HMC $IMO $SPR $MSG $RDY$AON $LYB $SPG $MINI $WETF $OSB $CYOU $ZBH $ZOHU $SBSI $PFS $SF $VRTS)

    (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 TICKERS:

    • AMZN
    • XOM
    • MRK
    • CI
    • SOGO
    • HON
    • GOOGL
    • GOOG
    • MSFT
    • SNE
    • ICPT
    • V
    • AMD
    • DECK
    • COUP
    • AOS
    • DB
    • PEP
    • CY
    • D
    • ALGN
    • QQQ
    • HOLX
    • BOIL
    • NOW
    • SPG
    • IIVI
    • HP
    • CVX
    • SFIX

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Merck – Merck earned an adjusted $1.04 per share for the fourth quarter, beating estimates by a penny a share. Revenue came in very slightly above Wall Street forecasts. Sales of the company's Keytruda cancer drug jumped 66 percent from a year earlier.

    STOCK SYMBOL: MRK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cigna – The health insurer beat estimates by 4 cents a share, with adjusted quarterly profit of $2.46 per share. Revenue also came in above estimates. Cigna issued adjusted 2019 earnings per share guidance of $16 to $16.50 per share, compared to a consensus estimate of $16.74 a share.

    STOCK SYMBOL: CI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Honeywell – The industrial conglomerate reported adjusted fourth quarter profit of $1.91 per share, 2 cents a share above estimates. Revenue also came in above Wall Street forecasts as its commercial aerospace, defense, and warehouse automation businesses performed well. Honeywell also issued a stronger-than-expected full-year earnings outlook.

    STOCK SYMBOL: HON

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Technologies – Goldman Sachs added the stock to its "Conviction Buy" list, noting strength in the aerospace aftermarket and the defense sector as well as other positive factors.

    STOCK SYMBOL: UTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Amazon.com – Amazon reported quarterly earnings of $6.04 per share, beating the consensus estimate of $5.68 a share. Revenue also beat forecasts amid a record holiday quarter, however Amazon gave a weaker-than-expected current-quarter sales forecast.

    STOCK SYMBOL: AMZN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Yum China – Yum China came in 4 cents a share ahead of estimates, with adjusted quarterly profit of 12 cents per share. The restaurant operator's revenue was essentially in line with forecasts. Comparable-store sales rose 2 percent, led by strength at the KFC unit.

    STOCK SYMBOL: YUMC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cypress Semiconductor – Cypress reported adjusted quarterly profit of 35 cents per share, 2 cents a share above estimates. The chipmaker's revenue also beat Wall Street forecasts. Cypress had posted a loss in the year-ago quarter.

    STOCK SYMBOL: CY

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Deckers Outdoor – Deckers earned $6.59 per share for its latest quarter, well above the consensus estimate of $5.30 per share. The footwear maker's revenue was above forecasts and the maker of Ugg boots also raised its full-year forecast.

    STOCK SYMBOL: DECK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Symantec – Symantec beat analysts' forecasts by 5 cents a share, with adjusted quarterly profit of 44 cents per share. The cybersecurity software maker's revenue also came in above forecasts on a strong performance by the company's consumer business. Symantec also announced the departure of Chief Financial Officer Nicholas Noviello.

    STOCK SYMBOL: SYMC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple – Apple blocked Alphabet's Google unit from running its internally built iOS apps, following reports that Google had been running a voluntary app that let it track user activity. Apple had imposed a similar restriction on Facebook earlier this week, but the two sides have settled their dispute.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Sony – Sony reported its highest ever quarterly profit, driven largely by its music content. Sony did see lower profit at its gaming division, however.

    STOCK SYMBOL: SNE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Deutsche Bank – Deutsche Bank returned to profitability in 2018 for the first time in four years, despite a fourth-quarter loss for the German bank.

    STOCK SYMBOL: DB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Anheuser-Busch InBev – The beer brewer will spend more than $50 million on Super Bowl ads this year, according to industry sources who spoke to Reuters. That would be up from $42 million a year ago.

    STOCK SYMBOL: BUD

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    CVS Health – CVS and other pharmacy benefit managers may come under pressure after the White House proposed a rule that would end rebates that PBMs receive from drugmakers.

    STOCK SYMBOL: CVS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?

    I hope you all have an excellent trading day ahead today on this Friday, February 1st, 2019! :)

    submitted by /u/bigbear0083
    [link] [comments]

    Sonasoft Corp (SSFT) Signs Letter of Intent (LOI) to Acquire Artificial Intelligence (AI) Company, Hotify Inc.

    Posted: 01 Feb 2019 12:00 PM PST

    Sonasoft Corp (SSFT) Signs Letter of Intent (LOI) to Acquire Artificial Intelligence (AI) Company, Hotify Inc.Press Release | 01/31/2019

    SAN JOSE, CA, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Sonasoft Corp. (OTCQB: SSFT), a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that it has jointly signed a non-binding letter of intent (LOI) with Hotify Inc. to acquire Hotify along with all its related interests and assets.

    Hotify Inc. is an artificial intelligence (AI) software company and is the developer of NuGene, an AI cloud-based platform that adds intelligence to solve many industry-specific challenges. Hotify's engineering team possesses deep expertise in AI, and its enterprise solution, NuGene, has successfully displaced competing solutions that were developed by well-known names in the tech sector.

    If the tentative merger should progress, then the following value-add will benefit both companies:

    • Sonasoft will be able to seamlessly integrate AI into all its products and solutions from the ground up
    • Hotify will benefit from the sales reach and existing enterprise accounts from Sonasoft and its fully owned subsidiary, Cornerstone Technologies
    • The combined Company will be able to penetrate new verticals and further expand its market reach
    • Investors will benefit from the value added from the combined research and development (R&D), intellectual property (IP), and the combined enterprise sales volume, which is expected to significantly increase shareholder value

    "The acquisition of Hotify perfectly fits our strategy to excel in the enterprise space with AI," said Frank Velasquez, CEO of Sonasoft. "As announced last November, Sonasoft already has successfully entered the market with an AI-based customer service solution for a Fortune 1000 tech company, but this acquisition will put us into a whole new level."

    "We are enthusiastic about the potential that Hotify could bring," said Neil Kumar Khanna, Vice President of Client Services and Operations of Sonasoft. "The value from potential sales, new markets, proprietary IP, a stellar engineering team as well as seasoned leadership in AI and software development will thrust the Company into a new space. We now have the potential to create revenue in line with other enterprise software companies. The possibilities are endless. With the acquisition of Hotify, the Company will be a force to reckon with, and our future looks incredibly bright."

    "Our time to market was perfect," said Ankur Dinesh Garg, CEO of Hotify. "We launched our AI cloud-based platform, at the same time that Gartner recognized AI PaaS as a leading emerging technology. The AI market continues to grow exponentially. IDC forecasts that spending on AI and machine learning will grow to $57.6 billion by 2021. Hotify's AI has positioned itself as a front runner in this explosive industry with AI solutions already successfully installed in several global enterprise-level accounts with a high success rate. Our focus on a customer self-service offering that allows our artificial intelligence to significantly improve the customer experience while lowering costs has positioned us to rapidly grow in the enterprise space. The merger with Sonasoft will enable us to rapidly grow in this key market. Sonasoft has a proven sales team and access to many enterprise accounts, which will be able to accelerate our reach and win a significant share of this rapidly expanding market."

    The Company has a number of exciting initiatives at various stages of progression, including R&D, strategic partnerships, additional acquisition targets, and the continued marketing and sales drive of its artificial intelligence technology.

    Additional updates can be expected in the coming weeks as these initiatives continue to develop.

    For a no-cost consultation and to learn more about more about the power of Sonasoft's Artificial Intelligence (AI) Solutions, visit us here: https://www.sonasoft.com/products/artificial-intelligence-ai/

    To obtain the latest company updates in between press releases, please follow us on Twitter @Sonasoft or visit us here: https://twitter.com/Sonasoft

    About Hotify Inc.

    Hotify is a software company that is focused on the development of artificial intelligence (AI) cloud-based solutions. Hotify creates intelligent enterprise solutions through its artificial intelligence platform as a service (AI PAAS), which has been branded under the name NuGene. NuGene's module cloud computing services allow Hotify's engineers to develop and deploy enterprise AI applications within a 24-hour cycle. Hotify's proprietary development strategy of utilizing granular robotic process automation (RPA) bots allows Hotify to create AI solutions that are faster, more accurate, and more cost-efficient than competing cloud solutions.

    Hotify has world-wide enterprise customers in multiple market segments. Hotify Inc. was founded in 2018 and is headquartered in Santa Clara, California.

    For further information about Hotify Inc., please visit: http://hotify.ai/

    About Sonasoft

    Sonasoft Corporation is a publicly traded corporation and is listed on the OTCQB Markets under the trading symbol SSFT (OTCQB: SSFT). Sonasoft is now an AI-first company. The Company intends to integrate artificial intelligence (AI) into the Company's core business model, which includes enterprise-class archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft's signature products for eDiscovery tools, which include SonaVault 6.1 Email Archiving and eDiscovery Software, as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of large and medium-sized businesses, governments, school districts, organizations, and enterprises. The Company also launched SonaSecure, which protects systems from ransomware and other email-based threats as well as provides email continuity services. In addition, Sonasoft offers data export and migration services for competing email archiving solutions. Sonasoft email archiving and eDiscovery solutions have hundreds of deployments with an exceptionally high degree of customer satisfaction. Founded in 2003, the Company is headquartered in San Jose, California.

    About Cornerstone Technologies (a Sonasoft company)

    Based in the heart of Silicon Valley, Cornerstone Technologies, a wholly-owned subsidiary of Sonasoft Corp., is a leading provider of engineering services focused on the modern data center, data and cloud migrations, data archivals, eDiscovery, and managed services solutions. Cornerstone Technologies plays a pivotal role in the transformation of their clients' IT environments. Cornerstone Technologies is a key partner to Microsoft, Dell/EMC, VMware, and TransVault, and the Company has built an impressive customer list across multiple verticals, which include retail, high tech, healthcare, public transportation, and financial services.

    For further information about Cornerstone Technologies, please visit: https://cornerstonetechnologies.com/

    For more information about Sonasoft's email archiving solutions and business continuity software, contact:

    Mike Khanna
    Sonasoft Corporation
    Phone: (408) 708-4000
    Source: https://www.sonasoft.com

    Forward-looking Statements

    This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

    submitted by /u/MentalTadpole
    [link] [comments]

    What is an inverted yield curve?

    Posted: 01 Feb 2019 11:17 AM PST

    https://youtu.be/lCuiNRgD1A8

    You've heard it a lot in the media lately, "we're seeing an inverted yield curve", but what exactly does that mean and more importantly why does it matter.

    ​

    submitted by /u/Ahowarda
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