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    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Apr 16, 2019

    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Apr 16, 2019


    r/Stocks Daily Discussion & Technicals Tuesday - Apr 16, 2019

    Posted: 16 Apr 2019 01:06 AM PDT

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post.

    Some helpful day to day links, including news:


    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

    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 can be useful on any timeframe, both short and long term.

    Intro to technical analysis by Stockcharts chartschool and their article on candlesticks

    If you have questions, please see the following word cloud and click through for the wiki:

    Indicator - Trade Signals - Lagging Indicator - Leading Indicator - Oversold - Overbought - Divergence - Whipsaw - Resistance - Support - Breakout/Breakdown - Alerts - Trend line - Market Participants - Moving average - RSI - VWAP - MACD - ATR - Bollinger Bands - Ichimoku clouds - Methods - Trend Following - Fading - Channels - Patterns - Pivots

    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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    Beat on the Street! Earnings beats pre-market send global stocks higher as earnings deluge begins

    Posted: 16 Apr 2019 04:53 AM PDT

    US Stocks Preview Ahead of the Open

    • Strong earnings results early are animating investors this morning with global markets rising and front-month Dow Jones minis +0.55%, S&P 500 minis +0.42% and Nasdaq 100 minis +0.38%
    • White House Economic Adviser Larry Kudlow made positive comments on trade negotiations with China, saying talks on predatory technology practices are going very well
    • The CEO of BlackRock (BLK), Larry Fink, said most investors are under-invested in the markets and the risk is of a melt-up, not a melt-down
    • The United States will announce March industrial production data at 9:15 AM today. Economists forecast a 0.2% m/m change in US industrial production ini March compared to a 0.1% change in the prior period.
    • Chicago Fed President Charles Evans, after saying he expects rates to stay stable through 2020, said rates may need to be cut if inflation does not pick up
    • European Central Bank officials have made clear they have little interest in updating their negative interest-rate tool
    • Check out ETFs you need to own: The Top ETF Ideas for the Week You Need: Momentum Stocks and Small-Caps Stand Out
    • Chinese new-home prices edged up 0.61% last month, up from the 0.53% rise in February as credit conditions continue to ease
    • China said sponsors of IPOs on its new tech listing venue must hold a 5% stake in companies being list at least 24 months after listing, a rule unheard of in global markets
    • The VIX is little changed this morning and is currently at 12.95 after closing at 12.32 yesterday
    • SPDR S&P 500 ETF (SPY) April 26 OTM Calls and Coty (COTY) May 17 Calls & Puts are the most actively traded options contracts in US pre-market trading this morning
    • US 10-Year Treasury Bonds are lower with yields up 0.9 basis points to 2.5633%
    • The US Treasury 2s-10s Spread has widened 0.68 basis points to 0.17%
    • WTI Crude is currently down -0.77% to USD$63.4/bbl with the Brent-WTI spread up USD$0.32 to USD$7.2/bbl
    • Gold is currently down -0.32% to USD$1283.84/oz

    Stocks Trending in the News

    Global Consumer Stocks Trending in the News

    • Zalando (DB:ZAL) unexpectedly posted a profit in the first quarter, beating analysts expectations for a loss. Zalando posted a slight profit in the quarter while consensus was for a loss of 10 million euros. Zalando has pledged to vastly increase its size over the next 5 years as it seeks to become a major European retailer, more profitable than the others in Europe. Zalando has risen 84% over the last 12 months with investors seeming to believe they can deliver. Zalando is rated "Unattractive" in our European Large-Cap Global Top Stock Ideas.

    Global Information Technology Stocks Trending in the News

    • YouTube, part of Alphabet's (GOOGL) Google unit, mistakenly labeled live streaming video of the Notre Dame Cathedral fire with a text box as it were footage of the 9/11 attack. YouTube algorithms assign text boxes to some video clips on YouTube and the machines made a mistake with the Cathedral fire. YouTube introduced these text boxes in an effort to dispel conspiracy theories related to many things, including 9/11. Alphabet is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Attractive" in our US Information Technology Global Top Stock Ideas.

    Global Financial Stocks Trending in the News

    • BlackRock (BLK) reported first quarter EPS of $6.61, handily beating consensus of $6.13. BlackRock saw assets under management rose to $6.52 trillion. BlackRock saw inflows in the quarter, reversing the outflow challenges it saw last year among its institutional clients. Institutional inflows were $29.1 billion in the quarter while its iShares ETFs saw $81 billion in inflows. BlackRock is rated "Neutral" in our US Large-Cap Global Top Stock Ideas
    • Charles Schwab (SCHW) reported first quarter EPS of 69 cents beating 66 cents consensus. First quarter revenue of $2.72 billion beat consensus of $2.68 billion. Charles Schwab reported a return on equity in the first quarter of 20%. Charles Schwab has 3.59 trillion client assets in accounts, 11.8 million active brokerage accounts with 418k revenue trades per day. Charles Schwab is rated "Attractive" in our US Large-Cap Global Top Stock Ideas

    Global Industrials Stocks Trending in the News

    • JB Hunt (JBHT) reported first quarter EPS of $1.09 matching consensus. JB Hunt first quarter revenue of $2.09 billion trailing consensus of $2.2 billion. JB Hunt operating income of $169 million was flat year-on-year due to a number of higher costs. JB Hunt is rated "Neutral" in our US Large-Cap Global Top Stock Ideas and "Top Buy" in our US Industrials Global Top Stock Ideas

    Global Health Care Stocks Trending in the News

    • HCA (HCA) could suffer after Jefferies warned on the name. "Investors should be a bit more cautious around HCA from here and through 2020," Jefferies wrote in a note to clients. The comments were made after seeing HCA run 33% over the last 33%, the best performer in the sector. HCA is among the most owned hospital stocks and with the growing talk of a single-payer system they could see weakness near-term. HCA is rated "Neutral" in our US Large-Cap Global Top Stock Ideas
    • Johnson & Johnson (JNJ) reported first quarter adjusted EPS of $2.10 ahead of $2.04 consensus. First quarter revenue of $20.02 billion beat $19.61 billion consensus. Its OptumRx unit saw a 10.6% growth in revenue to $17.6 billion. Johnson & Johnson increased full year EPS guidance to $8.53-$8.63 up from $8.50-$8.65; present consensus is $8.59. Johnson & Johnson is rated "Neutral" in our US Large-Cap Global Top Stock Ideas
    • UnitedHealth Group (UNH) reported first quarter adjusted EPS of $3.73 ahead of $3.60 consensus. First quarter revenue of $60.31 billion beat $59.7 billion consensus. UnitedHealth's medical care ratio was 82% in the first quarter. Its OptumRx unit saw a 10.6% growth in revenue to $17.6 billion. UnitedHealth increased full year EPS guidance to $14.50-$14.75, up from $14.40-$14.65; present consensus is $14.65. UnitedHealth Group is rated "Top Buy" in our US Large-Cap Global Top Stock Ideas

    International Stock Markets Recap

    • The Euro Stoxx 600 is currently up +0.19%, the FTSE 100 is higher by +0.33%, the DAX has risen +0.6%, and the CAC 40 is down -0.07%
    • Telecommunications (+0.2%), Retail (+0.55%), and Insurance (+0.7%) stocks are the top performers in the Euro Stoxx 600 today
    • Basic Resources (-0.09%), Real Estate (+0.54%), and Technology (+0.01%) stocks are the worst performers in the Euro Stoxx 600 today
    • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 1.78x
    • 183 stocks in the Euro Stoxx 600 are at 4-week highs while 24 stocks are at 4-week lows
    • 112 stocks in the Euro Stoxx 600 are overbought while 4 stocks are oversold according to the 16-day RSI Measure
    • The Nikkei 225 finished up +0.24%, the Hang Seng ended up +1.07%, the Hang Seng China Enterprise up +1.63%, and the CSI 300 was +2.77%
    • Investor sentiment for Japanese stocks finished negative with the advance/decline ratio for the Nikkei 225 closing at 0.44x
    • 59 stocks in the Nikkei 225 hit 4-week highs while 9 stocks reached 4-week lows
    • 12 stocks in the Nikkei 225 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
    • Investor sentiment for Hong Kong stocks finished positive with the advance/decline ratio for the Hang Seng closing at 1.5x
    • 7 stocks in the Hang Seng hit 4-week highs while 5 stocks reached 4-week lows
    • 3 stocks in the Hang Seng closed overbought while 0 stocks closed oversold according to the 16-day RSI Measure
    submitted by /u/QuantalyticsResearch
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    Qcom vs Apple is finally over

    Posted: 16 Apr 2019 12:08 PM PDT

    Qcom and Apple finally reached a settlement. Qcom up 16%

    submitted by /u/bob_dobbs507
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    Jumia Feeding Frenzy

    Posted: 16 Apr 2019 10:25 AM PDT

    A fulfillment company serving a part of the world racked with political and military instability and corruption? Sunk about a billion in debt? No real promise for ultimate profitability?

    Stock market's reaction? "It's Africa's Amazon/Alibaba." Nom-nom-nom.

    submitted by /u/steveg700
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    United Airlines is canceling 737 Max flights through early July

    Posted: 15 Apr 2019 04:35 PM PDT

    https://www.cnn.com/2019/04/15/business/united-boeing-737-max-cancellations/index.html

    Washington(CNN) United Airlines says it is canceling flights through "early July" because of the Boeing 737 Max grounding.

    The airline joins other US carriers — American and Southwest — that have canceled 737 Max flights to avoid disruption as people book flights for the upcoming travel season.

    submitted by /u/coolcomfort123
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    Ladybaybee recommended stock picks 2019-04-16: GIS, PCAR, UTX

    Posted: 16 Apr 2019 08:36 AM PDT

    Link to imgur with picks and details of picks (5 images)

    GIS: General Mills has been having a steady upward movement for the past 3 months, and today is getting a slight pushback. Potential for ~2% growth in the next 6 to 10 days.

    PCAR: High growth opportunity stock, has a good Growth Score from Zacks and carries a top Zacks rank. EPS expected to grow 3.1% this year.

    UTX: ROE of15.48%, ROA of 4.56% and profit margin of 8.36% PB ratio:3.03. Seems a bit undervalued.

    What are your thoughts on these picks?

    submitted by /u/ladybaybee
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    Netflix drops on earnings report

    Posted: 16 Apr 2019 01:38 PM PDT

    https://www.cnbc.com/2019/04/16/netflix-earnings-q1-2019.html

    Netflix reported its first quarter 2019 earnings after the bell Tuesday.

    The company reported $4.52 billion, vs. $4.50 billion expected, per Refinitiv consensus estimate.

    Investors and analysts will likely look to how Netflix will respond to the influx of media companies that have decided to enter the streaming space.

    submitted by /u/coolcomfort123
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    Bank of America posts another record quarterly profit on strength of Main Street lending

    Posted: 16 Apr 2019 04:35 AM PDT

    https://www.cnbc.com/2019/04/16/bac-q1-2019-earnings.html

    The bank said first quarter profit rose 6% to $7.3 billion, or 70 cents a share, exceeding analysts' estimate of 66 cents a share.

    Revenue was roughly unchanged from a year earlier at $23 billion, essentially meeting analysts' estimates.

    Shares of the bank were roughly unchanged in premarket trading after earlier dipping about 1%.

    submitted by /u/coolcomfort123
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    What's happening to healthcare stocks? Will they bounce back?

    Posted: 16 Apr 2019 10:17 AM PDT

    I own ANTM and UNH. Both have dipped significantly recently. Is potential future policy affecting healthcare stocks?

    submitted by /u/Beermecaptain21
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    Question about dividends and tax-free account

    Posted: 16 Apr 2019 08:56 AM PDT

    If I have dividends coming in, what's the best type of account to hold them so I'm not taxed as much or at all? I'm hearing from people to put it in a IRA but what type? Traditional or ROTH? And does it matter what type of stock/ETF I put them in? For example if I have a ETF, REIT, and common stock that has dividends, is there a certain account type that's best for each of them? Or is IRA best for any dividends?

    submitted by /u/r3ginald
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    Electronic Arts deep dive. Why?

    Posted: 16 Apr 2019 10:26 AM PDT

    So since the beginning of the week EA took a 10% deep dive. I tried to find any articles about it or why the hell did it happen but to no avail.

    Is it because they announced the new Star wars game without microtransactions and lootboxes?

    submitted by /u/Logiman43
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    Stock Market reactions to Thursdays Muller report.

    Posted: 16 Apr 2019 02:08 PM PDT

    Ok we all know the Muller Report is coming out on Thursday. Its been said this is 300 page report. This is not some kids high school term paper length this is a novels length report. That being said this could be very bad news for the market when the report is released. Anybody know where the traders are putting there money on the dow, nasdaq on calls or put action. This sounds like a classic case of pump and dump. Im thinking the market trades up on wednesday in the last hours then comes crashing down on thursday when the bad news muller report comes out but of course I could be wrong and the muller report is nothing but butterflies and flowers. Thoughts

    submitted by /u/Mouse1701
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    Advice?

    Posted: 16 Apr 2019 01:54 PM PDT

    I'm 14 and i want to learn more about stocks/ invest in them. I don't know what the first step is. I think you have to co-sign with an adult or something like that but i'm still pretty lost. I also want to know if being a day trader is realistic for my age. I've asked some of my family members that know a little about stocks and they said it's better to invest for the long run. I know that you gain more money in the long run but i seems like being a day trader is much more fun. My idea on day trading is getting home from school and buying a lot of really cheap stock and then in a couple hours if it has gone up a tiny bit then i sell them. also, do i need a credit or debt card to put my money on? I think it's fun to look at stocks every once in a while ( i just use the app that comes with iphones) and it's cool to see the stocks raise in value but i'm more interested in smaller stocks. I want to know where i could find stocks to monitor that in interested in. I don't know if it is even a good idea for me to start at such a young age but i guess i just want to know the logistics of stock. I would be very grateful if someone could help me out :)

    submitted by /u/killerkiwi409
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    UnitedHealth beats first-quarter profit estimates and raises its 2019 forecast

    Posted: 16 Apr 2019 04:33 AM PDT

    https://www.cnbc.com/2019/04/16/unitedhealth-q1-earnings.html

    UnitedHealth posted a quarterly profit that beat analysts' estimates and raised its adjusted earnings target for the year.

    The largest U.S. health insurer's results were driven by strength in its Optum unit, as well as a rise in memberships for its health plans.

    UnitedHealth also raised its full-year adjusted earnings forecast to between $14.50 and $14.75 per share from its prior view of $14.40 to $14.70.

    submitted by /u/coolcomfort123
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    Dow % change Chart request

    Posted: 16 Apr 2019 07:02 AM PDT

    Everyday Dow/S&P moves by X%...

    Anyone have a link to a chart tracking THOSE %'s?

    Cheers

    submitted by /u/DogHouseExec
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    Thoughts on Aqua Metals? (AQMS)

    Posted: 15 Apr 2019 07:35 PM PDT

    What do you think about Aqua Metals (AQMS). I just wrote a blog post on my thoughts about it here:
    https://www.microcaprockets.com/2019/04/16/aqua-metals-inc-is-reinventing-the-life-cycle-of-lead/

    Summary:

    • Very high projected revenue and earning growth.
    • Multiple insider buying within the last 3 months.
    • Entered into a partnership with Veolia to begin ramping up production of lead with their patented process .
    • 1 year price target over 200% by strong performing analysts.
    submitted by /u/firestone22
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    [I think] Someone’s trying to scam my Dad

    Posted: 15 Apr 2019 09:15 PM PDT

    Let me start with saying I don't have the FULL details currently but will update tomorrow once I meet with my dad.

    A construction company is trying to get my dad to invest in their company. They basically printed out some paper promising him some stocks. I'm assuming this is pre-IPO, but the "contract" that they gave him my dad described as simply written on a word document printed out with basic wording, no company logo and extremely informal as well the contract said something about the company being pharmaceutical company before it became a construction company(according to him.)

    Besides that, what makes me extremely skeptical is that the company's website says they've been around for 15 years but it's literally just a landing page and the website is not secured.

    Tomorrow I will request for them to send the patent number that they hold that makes their "company worth investing in." I just need to look into what they're promising and not just bs

    Sorry for the scatter brain way of writing this down. Does this sound like a scam to you all?

    submitted by /u/drinkingsharky
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    Getting started with basic analysis

    Posted: 15 Apr 2019 07:46 PM PDT

    What is the most valuable book you've read that helped you learn how to analyze a stocks fundamentals. I don't want to buy on others recommendations without doing my own DD, but I really don't know where to begin. Thanks.

    submitted by /u/somanytickles
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    Is it possible for small investors like me to cheaply invest in the following asset classes: absolute return, venture capital, leveraged buyouts?

    Posted: 15 Apr 2019 03:25 PM PDT

    Is it possible for small investors like me to cheaply invest in the following asset classes: absolute return, venture capital, leveraged buyouts?

    When taking portfolio theory about a decade ago, I recall that these asset classes are available to institutional investors but not small investors because the high expense ratios are high thus making then unattractive investments. I was wondering if that's still the case.

    I ask because for fiscal year ending June 2018, Yale had the following asset allocation and I was wondering if small investors can cheaply buy into absolute return, venture capital, and leveraged buyouts:

    absolute return 26%

    venture capital 18%

    foreign equity 15.5%

    leveraged buyouts 15%

    real estate 9.5%

    bonds and cash 6.5%

    natural resources 6.5%

    domestic equity 3%

    submitted by /u/silly321
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    What happens to stock price when a company liquidates?

    Posted: 15 Apr 2019 09:43 PM PDT

    Does the stock price plummet when a company liquidates?

    submitted by /u/iconvfxyt
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    BAC will Crush the Street tomorrow AND push through Stubborn Technical Resistance

    Posted: 15 Apr 2019 03:14 PM PDT

    I've been long on BAC since $12.18 and think it remains one of the most undersold big bank stocks. No one ever mentions it here. It still has plenty of upside.

    https://investorplace.com/2019/04/bank-of-america-will-likely-beat-on-earnings-expectations/

    submitted by /u/Wakagoshi
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