• Breaking News

    Tuesday, June 4, 2019

    Stock Market - Welcome to turnaround Tuesday! S&P logs its 2nd best day of 2019

    Stock Market - Welcome to turnaround Tuesday! S&P logs its 2nd best day of 2019


    Welcome to turnaround Tuesday! S&P logs its 2nd best day of 2019

    Posted: 04 Jun 2019 02:08 PM PDT

    SEC sues messaging app Kik for its $100 million cryptocurrency offering

    Posted: 04 Jun 2019 12:18 PM PDT

    https://www.cnbc.com/2019/06/04/sec-sues-messaging-app-kik-for-its-100-million-cryptocurrency-offering.html

    The Securities and Exchange Commission has filed a $100 million lawsuit against Kik Interactive, which launched a cryptocurrency to be traded within its messaging app, for allegedly conducting an illegal securities offering.

    "Companies do not face a binary choice between innovation and compliance with the federal securities laws," Steven Peikin, Co-Director of the SEC's Division of Enforcement, said in a release.

    "This is the first time that we're finally on a path to getting the clarity we so desperately need as an industry to be able to continue to innovate and build," Kik founder and CEO Ted Livingston said in a statement to CNBC.

    submitted by /u/coolcomfort123
    [link] [comments]

    Crypto founder, who won Buffett lunch, wants to change the billionaire’s hatred of bitcoin

    Posted: 04 Jun 2019 04:57 AM PDT

    https://www.cnbc.com/2019/06/04/crypto-founder-at-lunch-wants-to-change-buffett-hatred-of-bitcoin.html

    Justin Sun says he may not be able to change Warren Buffett's opinion on bitcoin in a three hour lunch.

    However Sun hopes to offer the Berkshire Hathaway chief a different opinion. "I want him to learn what the younger generations are doing."

    Sun says he's a believer and a fan of Buffet and his "long-term value investing strategy," adding he wanted to pay Buffett "back for his inspiration."

    submitted by /u/coolcomfort123
    [link] [comments]

    Warren Buffett’s Nebraska Furniture Mary: How a $500 Investment Grew to Become over $60 million

    Posted: 04 Jun 2019 12:15 PM PDT

    https://www.youtube.com/watch?v=yWYZUCUj0BM

    I was reading the book Buffettology and came across this story of Rose Blumkin (aka Mrs. B). She was the founder of Nebraska Furniture Mart. Warren Buffett and Berkshire Hathaway eventually purchased this company and it's still profiting for them today.

    submitted by /u/dmwes4
    [link] [comments]

    This Indicator Will Help You Identify Uptrend, Downtrend, and Sideways Market

    Posted: 04 Jun 2019 08:09 AM PDT

    Recently found out about an indicator called GRaB Candles. It plots the high, low, and close of the 34 ema on your chart. This type of EMA is fairly popular among day traders.

    I thought it would be interesting to share it here. Above the 34EMAs = bullish. Below the 34EMAs = bearish. In-between the 34EMAs = Choppy

    For ThinkorSwim users, you can get the indicator here: https://usethinkscript.com/d/190-simpler-trading-s-grab-candles-indicator-for-thinkorswim

    Happy to hear any suggestions regarding using this indicator to trade. So far it looks pretty nice on paper but not sure how it'll do when live trading.

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

    Let’s talk about the Diamonds �� (DIA)

    Posted: 04 Jun 2019 06:58 PM PDT

    Hey everyone.

    So I just wanted to get a discussion going about the Dow and it's returns and viability as a core holding of a portfolio because it's an interesting and unique index that I think deserves some love.

    First off I don't count DIA as a real accurate representation of the over all market. Sp500 is the real benchmark.

    Having said that, I do feel however that it has a really good returns for such an archaic style of index weighting....and according to a portfolio back tester (portfoliovizualizer.com)...better returns then the SP over the past 2 decades (dividends reinvested) and a lower beta of 0.92 and an annualized alpha of 1.83.

    How come no one really talks about this? I mean I understand that it's a very concentrated ETF that is hand picked and managed by WSJ which by itself is A LOT riskier then SP500....but the metrics don't lie and neither do the returns.

    Does anyone else hold a good portion of their portfolio in DIA? How has it been for you? Would you rather have held SPY over the same period instead?

    Share some thoughts here folks, I'd love to hear some feedback from people about why or why not you would invest in the Dow for the long term.

    *disclosure I'm long DIA, BRK.B, MSFT, and V.

    submitted by /u/Opeth4Lyfe
    [link] [comments]

    Big Tech is now on feds’ hit list for anti-competitive tactics, but will anything really change?

    Posted: 03 Jun 2019 08:58 PM PDT

    https://www.marketwatch.com/story/big-tech-is-now-on-feds-hit-list-for-anti-competitive-tactics-but-will-anything-really-change-2019-06-03

    If these inquiries or investigations lead to full-blown complaints or lawsuits, one of the biggest punishments is the multibillion dollar fine — the likely result if a company is found guilty of anti-competitive behavior. But Amazon, Apple, Facebook and Google parent Alphabet can all easily afford to pay several billion dollars each in fines, and continue on their merry way. In late April, Alphabet's earnings increase was wiped out by a $1.7 billion fine from the European Union, but investors were more concerned about an apparent revenue growth cool-down.

    submitted by /u/coolcomfort123
    [link] [comments]

    I looked at Boeing. May interest someone.

    Posted: 04 Jun 2019 05:19 PM PDT

    I ran this analysis on Boeing which may prove useful. It is NOT an invitation to subscribe; covering US shares is an occasional thing for us. And as most readers on Reddit are outside the UK, there will be little daily advantage.

    tbh, r/stockmarket is one of the very few internet things (relating to shares) I follow. Some of the guys contributing are worthy of respect.

    http://www.trendsandtargets.com/index.php/2019/06/04/boeing-for-5-06-2019/

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

    Where to start following

    Posted: 04 Jun 2019 05:10 AM PDT

    Hi,

    I have a degree in finance, so I know the fundamentals.

    For the last 3 years I've been binging political news. I'm sick of that, though, and I'm ready to binge on something more interesting and productive.

    What are your favorite sources to read up on the markets? I don't intend to trade, per se. my job makes that quite hard. I'm just interested in watching the market move and reading what the greats have to say about it.

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

    id any of you buy stocks during the 2008 financial crisis? How did it work out for you?

    Posted: 04 Jun 2019 01:45 PM PDT

    Took a bashing on Sales Force Put Options but made it back on GameStop & Hopefully Cloudera

    Posted: 04 Jun 2019 01:12 PM PDT

    6/4/19 - The stock market has rebounded significantly today, supposedly because the fed is signalying they won't raise interest rated. We purchased 3 put options contracts today: Sales Force, Gamestop, and Cloudera. Looks like Sales Force is up strong before the close and post market up another 4+ points (so trade looks like its going to bust 90%+). So we are counting on Cloudera and Gamestop to dissapoint.

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

    Is it a coincidence that in 2012, China’s most-watched Shanghai stock index fell 64.89 points on the anniversary of the June 4, 1989, crackdown on student-led democracy protests centered on Beijing’s Tiananmen Square?

    Posted: 04 Jun 2019 06:26 AM PDT

    Cable TV “tickling time bomb” stock promoted by Motley Fool

    Posted: 04 Jun 2019 02:47 AM PDT

    Anyone here has any idea what's the stock promoted by Motley Fool that is touted as the cable TV "ticking time bomb" ? They stress that it will grow larger than Netflix in the coming years. Any idea ??

    submitted by /u/pinton96
    [link] [comments]

    Stem Holdings, Inc. (STMH) Awarded Cannabis Cultivation Research License in St. Vincent & the Grenadines (SVG)

    Posted: 04 Jun 2019 09:58 AM PDT

    https://www.technical420.com/cannabis-article/stem-holdings-inc-awarded-cannabis-cultivation-research-license-in-st-vincent-the-grenadines-svg/

    Interesting...

    The license permits Stem Holdings, Inc. to cultivate cannabis locally for research and development, prior to the issuance of new licenses under the newly established Medical Cannabis Authority. Under the order, Stem Holdings, Inc. will construct a modern research facility which will house the cultivation of a variety of high cannabidiol (CBD) and low tetrahydrocannabinol (THC) cultivars. SVG and Stem will utilize a variety of agronomic methodologies, including traditional outdoor, greenhouse, and indoor cannabis, to analyze which approach would be most productive for the Caribbean country. The partnership between Stem and SVG is expected to position St. Vincent and the Grenadines to tap into the global industry generating an estimated US$1 billion in earnings.

    submitted by /u/F1_fanz
    [link] [comments]

    Tackle Trading Halftime Report June 4th 2019

    Posted: 04 Jun 2019 09:36 AM PDT

    The market is up on hopes of a FED save via cuts, tech is trying to rebound from yesterday's loses and we talk Delta. Today on the Halftime Report. #HTC #TeamTackle #trading #fed #finance #options #cashflow #stocks #forex #futures

    First 30 minutes: Market Skyline, analyze the indexes, daily news, economic reports, and earnings performances

    Next 15 minutes: stocks on our minds, these are swing trade bullish and bearish setups.

    Next 10 minutes: The strategy of the day, deep dive into a swing trade, a teaching segment

    Last 5 minutes: final thoughts

    https://youtu.be/Tb1HlB7tol0

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

    Did any of you buy stocks during the 2008 financial crisis? How did it work out for you?

    Posted: 04 Jun 2019 09:34 AM PDT

    If so which stocks and what price ?

    submitted by /u/Aroundtheworld771478
    [link] [comments]

    No comments:

    Post a Comment