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    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jun 28, 2019

    June 28, 2019

    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jun 28, 2019

    r/Stocks Daily Discussion & Fundamentals Friday Jun 28, 2019

    Posted: 28 Jun 2019 01:09 AM PDT

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.

    Some helpful day to day links, including news:

    Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.

    See the following word cloud and click through for the wiki:

    Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earnings

    If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Useful links:

    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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    Bank of America ends business with detention center operators

    Posted: 27 Jun 2019 09:56 PM PDT

    https://finance.yahoo.com/news/bank-of-america-ends-private-prison-financing-144158518.html

    Bank of America (BAC) will stop financing companies providing prisoner and immigrant detention services for federal and state governments "as expeditiously as possible," a bank spokesperson told Yahoo Finance.

    CoreCivic (CXW) and The GEO Group (GEO), the two dominant players in the private prison space, have previously borrowed money from Bank of America, JPMorgan Chase, and Wells Fargo.

    submitted by /u/coolcomfort123
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    Those who have jumped onto Rite Aid should remember Kohl's which has dropped 39% since partnering with Amazon

    Posted: 28 Jun 2019 07:40 AM PDT

    Rite Aid has a lot of debt and long standing problems from which the Amazon partnership will probably only provide a moderate reprieve

    This is not a recommendation to buy or sell. Stocks are not suitable for everybody. Please do your own research.

    http://fortune.com/2019/06/27/amazons-counter-pickup-orders-rite-aid/

    submitted by /u/InterestingNews1
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    Airlines are still cancelling thousands of flights because of the Boeing 737 Max grounding

    Posted: 28 Jun 2019 05:01 AM PDT

    https://www.marketwatch.com/story/airlines-are-still-cancelling-thousands-of-flights-because-of-the-boeing-737-max-grounding-2019-06-28

    Southwest Airlines, which has 34 of the aircraft in its fleet, has cancelled flights that were scheduled to be flown on those planes through Oct. 1, the airline announced on Thursday. Previously, Southwest had cancelled planned 737 Max flights through Sept. 2.

    United Airlines, which has 14 Max aircraft in its fleet, announced Wednesday that it is cancelling flights that were set to take place with these planes through Sept. 3. That equates to around 1,290 flights in July (between 40 and 45 flights a day) and 1,900 flights in August (roughly 60 flights a day).

    The 737 Max ordeal could lead to higher travel costs for consumers

    submitted by /u/coolcomfort123
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    Firstrade feedback from first month

    Posted: 28 Jun 2019 10:18 AM PDT

    I set up an account with firstrade about a month and a half ago....theyre ok I guess....trades execute way faster than RH....they have a lot of cluttery bells and whistles on their website that are relatively difficult to navigate. The really really really crappy thing ive notiiced is that they do NOT update your position price like at all. I sell spreads, and Ill check the price of one of my spreads and then check it against their ask/bid in a sell window or on another website and it's never updated. I find this very crappy and unprofessional. Anyone else have experience with this. Also, I have the realtime updates enabled. So it aint that!

    submitted by /u/Fukklebeez
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    So RTN is getting destroyed even though the sector is green because some ashole with less than 0.5% ownership in UTX doesn't like the merger?

    Posted: 28 Jun 2019 11:08 AM PDT

    I mean all the activitists combined have around 1% ownership not even close to having enough voting power and the stock moves down 10% in a week because they don't like the merger ?

    Am i missing something? Shouldn't it actually go up since utx is recovered?

    submitted by /u/PayMe4TradeIdeas
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    NOK or Ericson?

    Posted: 28 Jun 2019 02:18 PM PDT

    Or both? I'm trying to decide if one or both of them would be a good long term hold or not

    submitted by /u/vic-123456789
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    EU, South American countries agree on draft free trade treaty

    Posted: 28 Jun 2019 02:08 PM PDT

    https://www.dw.com/en/eu-south-american-countries-agree-on-draft-free-trade-treaty/a-49406638

    ​

    The European Union and the Mercosur bloc of South American countries have agreed on the draft text of a free-trade deal. Both sides have been negotiating the agreement for almost 20 years.

    The European Union and the Mercosur bloc of four South American countries — Argentina, Brazil, Paraguay, and Uruguay — have agreed to draft wording for a free-trade deal after almost 20 years of talks, European Commission President Jean-Claude Juncker said Friday.

    He said the historic deal was "sending a strong signal," calling it the "largest trade agreement the EU has ever concluded."

    Representatives from both sides have have been putting the final touches on the treaty's wording in Brussels since Wednesday. The announcement comes after 39 rounds of negotiations that began in 2000.

    Talks intensified after Donald Trump was elected president of the United States on a protectionist platform. That forced the EU halt talks with the US and look elsewhere to shore up trade partnerships. The EU has recently signed trade agreements with Canada, Mexico, and Japan.

    ​

    This can be great news for many South American and European companies.

    submitted by /u/mytwm
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    Best Waste Management Stock and Why?

    Posted: 28 Jun 2019 02:01 PM PDT

    I am looking for the best waste management stock to add to my portfolio.(Safest, most potential etc)Thanks for any advice!

    submitted by /u/MoarTarriffs
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    Today's Pre-Market News [Friday, June 28th, 2019]

    Posted: 28 Jun 2019 05:34 AM PDT

    Good morning traders and investors of the r/stocks sub! Happy Friday to all and the final trading day of June and Q2! Here are your pre-market news this AM-

    Today's Top Headlines for Friday, June 28th, 2019

    • U.S. stock futures were pointing higher on hopes for progress between the U.S. and China on trade at the G-20 summit in Japan. That could reverse some recent negative momentum which has put stocks on track for their first losing week of June, which has otherwise been an upbeat month. (CNBC)
    • The Dow and S&P 500 are having their best month since January. The Dow is having its best June performance since 1938. The S&P 500, seeing its largest June gain since 1955, is set to conclude its best first half of a year since 1998. (CNBC)
    • On today's U.S. economic calendar, the government is out with personal income and spending for May at 8:30 a.m. ET. The Chicago purchasing managers index is out at 9:45 a.m. ET. The University of Michigan issues its final June consumer sentiment index at 10 a.m. (CNBC)
    • Constellation Brands (STZ) is out with quarterly earnings this morning, while there are no reports scheduled after today's closing bell. Last night, Dow stock Nike (NKE) reported quarterly earnings that fell short of estimates. Revenue was better than expected. Nike said the China trade war has not yet impactedits business there. (CNBC)
    • President Donald Trump and President Xi Jinping are poised to write the latest chapter in their globe-shaking trade war when they meet tomorrow morning in Japan. Trade will be at the top of the agenda for both leaders as the nations remain locked in a tariff battle, along with the Trump administration's Huawei restrictions. (CNBC)
    • Trump told Russian President Vladimir Putin today not to meddle in the 2020 election, appearing to make light of a scandal. It was the first time the two leaders have had a formal face-to-face meeting since a controversial high-profile summit in Helsinki last July. (CNBC & Reuters)
    • Russia's Vladimir Putin says liberalism has 'outlived its purpose' (CNBC)
    • The first round of presidential primary Democratic debate is complete, and post-debate polls and pundits showed a few clear winners and losers of the two nights of debates in Miami. Among those winning favor were Kamala Harris, Julian Castro and Cory Booker. Beto O'Rourke and Joe Biden, the frontrunner, were seen as losers. (CNBC)
    • The most personal attack of last night's Democratic debate was aimed not at Trump, but at former Vice President Biden. Harris called out Biden on the issue of race, saying the way he recently described his past working relationship with two segregationist lawmakers was "hurtful." (CNBC)
    • Biden urges building on Obamacare instead of adopting Bernie Sanders' 'Medicare for All' (CNBC)
    • 'Racist,' 'liar,' 'horrible': Second Democratic debate kicks off with early attacks on Trump (CNBC)
    • Beto O'Rourke huddles with donors to discuss debate and ways to improve in the next round (CNBC)
    • The House approved the Senate's $4.6 billion emergency border aid bill, following pressure from centrist members to take up the plan. It heads to Trump's desk amid furor about the treatment of migrant children at U.S. detention facilities. (CNBC)
    • The Senate began voting today on a war-authorization measure that would block President Donald Trump from launching a military strike against Iran unless he gets explicit congressional approval. (USA Today) J* ony Ive, Apple's chief design officer, is leaving the company to start his own design business. Ive is considered one of the most important people at Apple (AAPL), responsible for the industrial design and the look and feel of all major Apple products, including the iPhone and the Mac. Apple will be a client of Ive's. (CNBC)
    • Here are some of the most iconic Apple products designed by Jony Ive (CNBC)
    • Boeing (BA) is attempting to have all 737 Max-related fixes done by September, according to sources who spoke to CNBC. That includes a fix for a newly-discovered software issue revealed by the company Wednesday.
    • United Continental (UAL) is changing its name to United Airlines Holdings, effective today. The new name drops all reference to Continental Airlines, one half of the 2010 merger that created the current company. For a time after the merger, the company operated flights under both United and Continental names. (AP)
    • Madame Tussauds owner Merlin Entertainments (MERL) said today it had agreed to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone (BX) in a deal valuing the company and its debt at nearly $7.6 billion. (Reuters)
    • Luxury online reseller the RealReal (REAL) priced its initial public offering at $20 per share last night, above the expected range. Trading is set to begin this morning. On Thursday, shares of experimental health-care company Adaptive Biotechnologies (ADPT) doubled in their trading debut, and they were higher in the premarket. (NY Times & 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!]())

    NONE.

    NEXT MONTH'S EARNINGS CALENDAR:

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

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ()

    ([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

    NONE.

    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.

    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #4!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'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!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

    • STZ
    • NKE
    • JNUG
    • CVM
    • BHVN
    • JKS
    • SGH
    • OSTK
    • SHW

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Constellation Brands – The beer and spirits producer reported adjusted quarterly profit of $2.21 per share, beating the $2.04 a share consensus estimate. Revenue also topped Wall Street forecasts.

    STOCK SYMBOL: STZ

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Nike – Nike reported quarterly earnings of 62 cents per share, 4 cents a share below estimates. The athletic footwear maker's revenue beat Street forecasts, however. Nike's bottom line was impacted by higher spending on marketing and new product launches.

    STOCK SYMBOL: NKE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple – Apple chief design officer Jony Ive is leaving the company to start his own independent design firm. Ive has been with Apple for since 1992 and helped design such key products as the iMac and iPhone.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Boeing – Boeing is attempting to have all 737 MAX-related fixes done by September, according to sources who spoke to CNBC. That includes a fix for a newly discovered software issue revealed by the company Wednesday.

    STOCK SYMBOL: BA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Bank of America, Citigroup, JPMorgan Chase, Wells Fargo – These and other banks could get a boost today on news that they passed the Fed's latest stress tests and did not receive objections to capital distribution plans. Credit Suisse received what's called a "conditional non-objection" to its capital plan, a middle ground between pass and fail based on certain weaknesses. One of the biggest stock winners in early trading was Germany's Deutsche Bank after it passed the Fed's tests.

    STOCK SYMBOL: BAC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Continental – The airline is changing its name to United Airlines Holdings, effective today. That removes the last reference to Continental Airlines, which United bought in 2010.

    STOCK SYMBOL: UAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Procter & Gamble – Procter & Gamble was upgraded to "buy" from "neutral" at Goldman Sachs on expectations of stronger margins and profit growth.

    STOCK SYMBOL: PG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Biogen – Biogen was downgraded to "neutral" from "overweight" at Piper Jaffray, which cites competitive pressures for the drugmaker's multiple sclerosis franchise.

    STOCK SYMBOL: BIIB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Live Nation Entertainment – The live event producer was downgraded to "sell" from "neutral" at Citi, which likes the company's consistent operating performance and growth prospects but feels investors are becoming too willing to pay a premium for growth.

    STOCK SYMBOL: LYV

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Bloomin' Brands – Deutsche Bank initiated coverage of the Outback Steakhouse parent with a "buy" rating, noting that the restaurant operator is cheap relative to its peers and can rise on any improvement in its profit margins.

    STOCK SYMBOL: BLMN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    AutoZone – Oppenheimer upgraded the auto parts retailer to "outperform" from "perform," noting the potential of sustained strong commercial sales expansion.

    STOCK SYMBOL: AZO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Darden Restaurants, Wingstop – Stephens downgraded both restaurant operators to "equal-weight" from "overweight," in a move the firm calls "reluctantly downgrading quality" based on current valuation.

    STOCK SYMBOL: DRI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: WING

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    DISCUSS!

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

    I hope you all have an excellent trading day ahead today on this Friday, June 28th, 2019! :)

    submitted by /u/bigbear0083
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    Ninja Trader simulated training profits?

    Posted: 28 Jun 2019 12:24 PM PDT

    It's my 3rd day simulated day trading since I learned how to get it working. I lost $100,000 the first day but made it up the next 2 days. Then started a 1,000 account and brought it up to $10.000 in a couple hours. I'm using NijnaTraders real time trading data by minute. https://imgur.com/a/NJOFo1w

    Is it really that easy to trade and make that kinda of profit? If so I need to start trading real money ASAP.

    submitted by /u/fo_nem_brave
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    Chardan Capital Gives $10.00 Price Target to American electric car company Arcimoto

    Posted: 28 Jun 2019 12:04 PM PDT

    Arcimoto or $fuv is currently listed at $3 a share. The comapny has $66 Million dollars in back orders, yet its market cap is $50 million.

    Might be something to look into.

    https://sundanceherald.com/2019/06/27/chardan-capital-analysts-give-arcimoto-nasdaqfuv-a-10-00-price-target.html

    submitted by /u/squeeeeenis
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    What are your favorite indicators for fast gains?

    Posted: 28 Jun 2019 07:24 AM PDT

    Hey Y'all,

    ​

    What are you favorite indicators for fast gains?

    And why do you prefer them over others?

    ​

    Please feel free to post any other details and stories because I'm a super noobie in the learning stage. Appreciate you.

    ​

    Also, yes I'm new, but I realize you shouldn't just bet on fast gains for your portfolio... only "play" money or as they say as "nothing you're willing to lose".

    Thanks kind Reddit friends!

    submitted by /u/TheSunshinesOnUsAll
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    Del Frisco's Stock investigation

    Posted: 28 Jun 2019 06:37 AM PDT

    Does anyone know what this actually means for share holders..?

    ​

    https://finance.yahoo.com/news/investor-alert-bronstein-gewirtz-grossman-145000554.html

    submitted by /u/Ravens0107
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    r/Stocks semiannual arguments against TA, fundamental analysis, etc - June 2019

    Posted: 28 Jun 2019 09:52 AM PDT

    Main purpose of this thread is to facilitate common arguments against technical analysis and fundamental analysis, such as "TA doesn't work" or "learn to read charts."

    Feel free to even argue against quantitative analysis or naked trading. You can even argue against trading stock options and even stocks its self ("zero sum game"); whatever you want as long as you're respectful to each other and follow the rules of r/stocks.

    This post will be linked to other posts and tracked through Reddit search: See past arguments here.

    If you're new to stocks, please see the wiki here.

    submitted by /u/AutoModerator
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    Baby on the way, need to invest now!!

    Posted: 28 Jun 2019 02:30 PM PDT

    Hey,

    As the title suggests my wife and I are about to have our first kid. I have never had any stocks at all and am trying to start building my knowledge base before jumping in. Any tips/recommendations/suggestions/books/advice etc... would be greatly appreciated!!

    submitted by /u/vulcan1829
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    Thoughts on buying stocks during IPO?

    Posted: 27 Jun 2019 06:27 PM PDT

    I'm a beginner when it comes to buying/selling stocks and have been researching companies that I should start investing in. I found a company that just had an IPO and am looking for any insight on other people buying during IPOs

    submitted by /u/Reagorn
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    Constellation Brands Reports First Quarter Fiscal 2020 Results

    Posted: 28 Jun 2019 06:03 AM PDT

    Constellation Brands Inc. STZ, +8.36% shares jumped 7.4% in Friday premarket trading after the beer, wine and spirits producer reported fiscal first-quarter earnings and sales that beat expectations.

    Constellation's portfolio of brands includes Corona and Modelo beers and Svedka vodka. Net loss for the quarter was $245.4 million, or $1.30 per share, after income of $743.8 million, or $3.77 per share, last year.

    Excluding Canopy Growth Corp. CGC, +1.03% EPS was $2.40. Canopy Growth is a Canadian cannabis company that Constellation has a $4 billion investment in. Sales totaled $2.10 billion, up from $2.05 billion in 2018. The FactSet consensus was for EPS of $2.05 and sales of $2.07 billion.

    For fiscal 2020, Constellation expects EPS of $4.95 to $5.25.

    Excluding Canopy Growth, the company is guiding for EPS of $8.65 to $8.95. "The company continues to evaluate the future potential equity earnings impact from the Canopy equity method investment and related activities and, as such, these items have been excluded from the guidance assumptions noted above," the earnings release said.

    Constellation stock is up 17% for the year to date while the S&P 500 index SPX, +0.38% has gained 16.7% for the period.

    submitted by /u/qwertysac
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    IBD Leaderboard - Worth it? Opinions?

    Posted: 28 Jun 2019 05:44 AM PDT

    They had a two week trial for the Investor's Business Daily Leaderboard app that I didn't have much time to check out. Now it's on offer for $29/mo first month and $69/mo after.

    I'm just curious if anybody has experience using this and what their opinions are. The main pricing tier is probably more than I'd want to pay given my relative small stature investment wise but just wondering if others have used and like the service.

    submitted by /u/XplicitIniquity
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    Is edx.org a good website to learn more on trading?

    Posted: 27 Jun 2019 10:11 PM PDT

    I want to get more serious into trading and was wondering if it is worth my time learning. Also what course(s) should I take from edx.

    submitted by /u/bwada10
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    Interesting AAPL down pre-hours on news of Jony Ives moving on

    Posted: 28 Jun 2019 05:38 AM PDT

    Doubt it will last all day. But we will see. So far negative reaction.

    submitted by /u/bartturner
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    Is there a website/program where I can create my own stock for a College Simulation Project?

    Posted: 27 Jun 2019 05:11 PM PDT

    For one of my Finance course this summer I had to simulate a fictional business and I want to get a little creative and try and create their stock based on a bunch of finances that I have. I know it's far fetched and I could be posting on the wrong subreddit but any ideas would help me a lot. Thank you!

    submitted by /u/jggi
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