• Breaking News

    Saturday, June 8, 2019

    Stocks - U.S., Mexico Reach Deal to Avoid Tariffs

    Stocks - U.S., Mexico Reach Deal to Avoid Tariffs


    U.S., Mexico Reach Deal to Avoid Tariffs

    Posted: 07 Jun 2019 09:01 PM PDT

    President Trump on Friday night dropped his threat of tariffs on billions of dollars of Mexican imports after negotiators reached a deal on measures to stem the flow of migrants pouring into the U.S. from Mexico, averting a potentially devastating trade fight for both countries.

    https://www.wsj.com/articles/trump-says-u-s-has-reached-deal-with-mexico-11559954306?mod=e2fb&fbclid=IwAR3a2d1kTYyaxpdsNxMmZB12Zmn4n2zVIejI7YpmVtE2uFmKMbrHR6bzw2Q

    submitted by /u/Down-the-reddit-hole
    [link] [comments]

    What are you top 3 stocks for the next 5 years? What top 3 stocks do you think are over hyped?

    Posted: 08 Jun 2019 09:40 AM PDT

    My top 3 are Visa (toll booth for money) AT&T (has a great dividend and is like a nice foundation to have in a portfolio also it is most definitely undervalued right now) and it seems as though I am at a tie between Bank Of America and waste management.

    submitted by /u/legitcreed444
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning June 10th, 2019

    Posted: 08 Jun 2019 06:11 AM PDT

    Good morning and happy Saturday to all of you here on r/stocks. I hope everyone on this subreddit made out pretty nicely in the market this past week, and is ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning June 10th, 2019.

    The market week ahead: Mexico tariffs and more data that may clear the way for a rate cut - (Source)


    Stocks have been rallying hard on the idea the Federal Reserve will cut interest rates soon, but at some point the market needs to see progress on the trade wars and economic weakness that are bothering the Fed.


    Friday's surprisingly soft May jobs report showed just 75,000 jobs created, 100,000 less than expected. That immediately raised expectations that the Fed could cut rates as early as July because the long resilient labor market is now seeing the impact of what has already been showing up in manufacturing data.


    The stumble in the labor market raises concerns that trade-related weakness in manufacturing will creep into other sectors of the economy. For that reason, economic data, particularly CPI inflation data Wednesday, could be a key market factor in the week ahead, as investors attempt to game when the Fed could cut rates. There are also retail sales and industrial production on Friday.


    "I think investors will be nervous around trade and tariffs. Those will continue to drive sentiment next week. I think it's interesting that you have this idea that the 'Powell put,' the central banks, come in to save the day," said Michael Arone, chief investment strategist at State Street Global Advisors. "It may feel good for investors, and it may extend the cycle longer, but I do think it compounds the longer term problems...Eventually this is going to catch up with the market in some way or other."


    Mexico tariffs Investors are awaiting any developments in China, U.S. trade relations, and they are also closely watching developments with Mexico. President Donald Trump has threatened tariffs of 25% on all Mexican goods, starting with a 5% tariff on Monday, if Mexico does not show that it is making progress in stopping migrants from reaching the U.S. On Friday, Trump said in a tweet there's a good chance a deal will be made with Mexico.


    "The market was shrugging it off this week. It's been a strong week for the market, so [investors] seems to be taking it in stride," said Arone, noting investors were looking past the Mexican tariffs for now and focused on the Fed rate cuts. "The market seems to be applauding [rate cuts] right now, but I'm not sure accommodative monetary policy in itself is enough of a catalyst for better economic growth and better earnings. We need more than that. This could be a bit of a quick hit or a sugar high."


    Stocks rallied after the jobs report, with Friday's gains capping what was already setting up to be the strongest week for stocks since November. The S&P 500 was up 4.4% for the week, ending Friday at 2,873. Treasury yields fell to the lowest levels since December, 2017 in the past week, with the 10-year touching 2.05% on Friday. Fed funds futures also moved sharply, and were forecasting a 95% chance for a quarter point rate cut in July.


    Jon Hill, rates strategist at BMO, said the markets are now focused on the timing of a possible Fed rate cut and whether the Fed would cut by a quarter point or a half point initially. That makes economic data especially important, as investors watch to see if weakness has spread to consumers, in the upcoming retail sales report Friday, or whether inflation is weakening. Core CPI has been running above the Fed's 2% target.


    "You would think the [fed funds futures] market is gravitating toward one cut in July, one cut in September and another in December. We have 2.9, 25 basis rate cuts priced in for 2019. This really raises the stakes for next week's CPI, given core year over year CPI is over 2%, and also now because we're in the Fed blackout period. There won't be any additional guidance coming out of the Fed this week.," said Hill. Fed officials do not speak publicly just ahead of meetings, and they are scheduled to meet June 18.


    Strategists have said the market is also holding up on the idea that President Donald Trump would not allow the trade conflicts to get so out of hand that they will cause a stock market collapse, since he views the market as a reflection of his success. That's the so-called 'Trump put.'


    Dubravko Lakos-Bujas, J.P. Morgan equity strategist, said if Trump proceeds with his threat to put tariffs on the remaining $300 billion in Chinese goods that could spark a major sell-off in stocks, and the S&P 500 could go as low as 2,500. But he also expects that sell-off would result in both a 'Trump' put and a Fed 'put,' meaning Trump would take some action and the Fed could cut rates to ease financial conditions and help the economy. The strategist said he is maintaining his 3,000 target on the S&P for the year.


    "We believe the next round of tariffs that the Trump administration is threatening—Mexico 5% and China Phase III—could substantially increase the risk of pushing the U.S. business and profit cycle into an outright contraction," he wrote. Lakos-Bujas said he still expects trade agreements to be reached, in part because the Trump administration will not want to risk a market collapse or recession, ahead of an election.


    Lakos-Bujas said there are a wide range of possible outcomes, including a positive scenario where trade peace is achieved, earnings improve and the S&P shoots higher to 3,200.


    In the coming week, investors will also be keeping an eye on China's data. On Monday, China reports balance of trade, imports and exports, first quarter GDP, current account and foreign exchange reserves. Chinese inflation data is released on Wednesday.


    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Sector Performance WTD, MTD, YTD:

    (CLICK HERE FOR FRIDAY'S PERFORMANCE!)
    (CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
    (CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
    (CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
    (CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
    (CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    (CLICK HERE FOR THE CHART!)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART LINK #1!)
    (CLICK HERE FOR THE CHART LINK #2!)

    Not a Triple Top Yet – Support Has Held

    There has been a lot of chatter recently about an imminent "triple top' for the market across the January 2018, September 2018 and recent April 30, 2019 highs. It's not a triple top until it breaks support levels. Traders do need to be watching for support levels to be broken - which we have recently held.

    Holding support was bullish technical action. But remember this is the Worst Six Months and we expect more volatility, more testing of support and more sideways action – backing and filling – over the weaker summer months.

    We talked about these support levels on the blog a month ago as well. Here's an update to the chart from that May 7 blog post. I added some additional support levels. S&P 500 level of 2580 at February/April 2018lows is critical support – a 12.4% correction.

    Breaking that level would bring the December 2018 lows into play, which would be bear market territory of -20% – and likely the low and a great buying opportunity. Good thing we are already in Worst Six Months Defense Mode since we shifted to market neutral after our official Best Six Months MACD Seasonal Sell signal for DJIA and S&P 500 on May 1.

    (CLICK HERE FOR THE CHART!)

    Seasonally, Bonds Have Plenty of Room Left to Run

    Barring some rather abrupt reversal in the current trend in trade, tariffs, tariffs and even higher tariffs, bonds could have even more upside in their near-term futures. Back in the beginning of April we noted the 30-year treasury bond had a seasonal tendency to dip in April and early May (around the time stocks like to make a seasonal high) before moving higher from sometime in May through the end of August. Thus far this year this trade has been a perfect textbook setup.

    In the following chart weekly bars of the 30-year Treasury bond future appear on top with their seasonal trend since August 26, 1977. The 30-year Treasury bond did dip in April and as trade war concerns grew in May, as stocks slipped, bonds ripped higher. The recent rise has been brisk but considering the retreat in tech stocks further gains are not out of the question.

    (CLICK HERE FOR THE CHART!)

    The Bespoke Report -- Negative Void Coefficient

    Equity markets surged despite short term interest rate markets pricing near-certainty of multiple Fed rate cuts this year. How can an economy so bad that the Fed needs to cut mean stocks go up? We take a look around for some answers. We also review just how dovish the Fed has been relative to what markets have been pricing of late. While the domestic economy has definitely slowed down from the torrid pace of 2018, even the disappointing nonfarm payrolls number today paints a different picture than assumptions of multiple cuts from the front end. The global economy is less constructive, but there's a difference between weakness and a recession panic, as we show. Finally, we present an argument for why Fed rate cuts may not be necessary for the economy to stabilize and start to pick up again thanks to negative feedback loops.

    (CLICK HERE FOR THE CHART!)

    STOCK MARKET VIDEO: Stock Market Analysis Video for June 7th, 2019

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET UP!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 06.09.19

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET UP!)


    Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-


    • $LULU
    • $THO
    • $AVGO
    • $UXIN
    • $HRB
    • $RH
    • $PLAY
    • $HDS
    • $FGP
    • $LOVE
    • $CHS
    • $TLRD
    • $SECO
    • $DLTH
    • $SHLO
    • $ASNA
    • $CPST
    • $JW.A
    • $AZRE
    • $ADXS
    • $CASY
    • $LMNR
    • $BBCP
    • $NEPT
    • $OXM
    • $SPCB
    • $DEST
    • $TMDX
    • $CBKC
    • $TUFN
    • $LIVX
    • $RENN
    • $SMMT
    • $CRWS
    • $UROV
    • $CUP
    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)

    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:


    Monday 6.10.19 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 6.10.19 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 6.11.19 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 6.11.19 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 6.12.19 Before Market Open:

    ([CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    NONE.

    Wednesday 6.12.19 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 6.13.19 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 6.13.19 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Friday 6.14.19 Before Market Open:

    ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    NONE.


    Friday 6.14.19 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    NONE.


    lululemon athletica inc. $172.49

    lululemon athletica inc. (LULU) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, June 12, 2019. The consensus earnings estimate is $0.71 per share on revenue of $757.03 million and the Earnings Whisper ® number is $0.77 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat The company's guidance was for earnings of $0.68 to $0.70 per share on revenue of $740.00 million to $750.00 million. Consensus estimates are for year-over-year earnings growth of 29.09% with revenue increasing by 16.52%. Short interest has decreased by 6.5% since the company's last earnings release while the stock has drifted higher by 2.0% from its open following the earnings release to be 16.1% above its 200 day moving average of $148.56. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 31, 2019 there was some notable buying of 2,301 contracts of the $165.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 12.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Thor Industries, Inc. $55.24

    Thor Industries, Inc. (THO) is confirmed to report earnings at approximately 6:45 AM ET on Monday, June 10, 2019. The consensus earnings estimate is $1.74 per share on revenue of $2.67 billion and the Earnings Whisper ® number is $1.52 per share. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 31.23% with revenue increasing by 18.58%. Short interest has increased by 8.4% since the company's last earnings release while the stock has drifted lower by 8.1% from its open following the earnings release to be 19.2% below its 200 day moving average of $68.38. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, May 29, 2019 there was some notable buying of 3,079 contracts of the $60.00 put expiring on Friday, June 21, 2019. Option traders are pricing in a 8.9% move on earnings and the stock has averaged a 6.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Broadcom Limited $274.87

    Broadcom Limited (AVGO) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, June 13, 2019. The consensus earnings estimate is $5.18 per share on revenue of $5.66 billion and the Earnings Whisper ® number is $5.35 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 1.97% with revenue increasing by 12.88%. Short interest has decreased by 13.5% since the company's last earnings release while the stock has drifted lower by 4.0% from its open following the earnings release to be 6.2% above its 200 day moving average of $258.77. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 3, 2019 there was some notable buying of 3,655 contracts of the $300.00 call expiring on Friday, September 20, 2019. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 4.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Uxin Limited $2.11

    Uxin Limited (UXIN) is confirmed to report earnings before the market opens on Monday, June 10, 2019. The consensus estimate is for a loss of $0.19 per share. Investor sentiment going into the company's earnings release has 44% expecting an earnings beat The company's guidance was for revenue of $134.00 million to $141.00 million. Short interest has increased by 11.0% since the company's last earnings release while the stock has drifted lower by 60.6% from its open following the earnings release to be 53.9% below its 200 day moving average of $4.58. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 34.4% move on earnings and the stock has averaged a 11.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    H&R Block Inc. $27.21

    H&R Block Inc. (HRB) is confirmed to report earnings at approximately 8:20 AM ET on Tuesday, June 11, 2019. The consensus earnings estimate is $4.11 per share on revenue of $2.32 billion and the Earnings Whisper ® number is $4.16 per share. Investor sentiment going into the company's earnings release has 30% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 24.31% with revenue decreasing by 3.04%. Short interest has increased by 6.7% since the company's last earnings release while the stock has drifted higher by 15.6% from its open following the earnings release to be 4.1% above its 200 day moving average of $26.14. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, May 24, 2019 there was some notable buying of 769 contracts of the $29.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 5.3% move on earnings and the stock has averaged a 7.3% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    RH $88.95

    RH (RH) is confirmed to report earnings at approximately 4:25 PM ET on Wednesday, June 12, 2019. The consensus earnings estimate is $1.54 per share on revenue of $582.95 million and the Earnings Whisper ® number is $1.61 per share. Investor sentiment going into the company's earnings release has 69% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 15.79% with revenue increasing by 4.58%. Short interest has decreased by 15.5% since the company's last earnings release while the stock has drifted lower by 21.1% from its open following the earnings release to be 27.6% below its 200 day moving average of $122.81. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, June 6, 2019 there was some notable buying of 8,104 contracts of the $80.00 put expiring on Friday, June 14, 2019. Option traders are pricing in a 16.0% move on earnings and the stock has averaged a 16.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Dave & Buster's Entertainment, Inc. $49.22

    Dave & Buster's Entertainment, Inc. (PLAY) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, June 11, 2019. The consensus earnings estimate is $1.14 per share on revenue of $369.47 million and the Earnings Whisper ® number is $1.18 per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 9.62% with revenue increasing by 11.22%. Short interest has increased by 39.1% since the company's last earnings release while the stock has drifted lower by 8.1% from its open following the earnings release to be 8.3% below its 200 day moving average of $53.70. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 10.2% move on earnings and the stock has averaged a 6.3% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    HD Supply Holdings Inc. $42.11

    HD Supply Holdings Inc. (HDS) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, June 11, 2019. The consensus earnings estimate is $0.80 per share on revenue of $1.49 billion and the Earnings Whisper ® number is $0.82 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for earnings of $0.75 to $0.84 per share. Consensus estimates are for year-over-year earnings growth of 14.29% with revenue increasing by 7.27%. Short interest has decreased by 40.5% since the company's last earnings release while the stock has drifted lower by 3.2% from its open following the earnings release to be 2.0% above its 200 day moving average of $41.28. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, June 7, 2019 there was some notable buying of 1,304 contracts of the $42.50 put expiring on Friday, July 19, 2019. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 3.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Ferrellgas Partners, L.P. $1.10

    Ferrellgas Partners, L.P. (FGP) is confirmed to report earnings at approximately 7:00 AM ET on Monday, June 10, 2019. Investor sentiment going into the company's earnings release has 16% expecting an earnings beat. Short interest has decreased by 3.5% since the company's last earnings release while the stock has drifted lower by 32.9% from its open following the earnings release to be 37.7% below its 200 day moving average of $1.77. Overall earnings estimates have been unchanged since the company's last earnings release. The stock has averaged a 20.0% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Lovesac Company $38.16

    Lovesac Company (LOVE) is confirmed to report earnings at approximately 7:00 AM ET on Monday, June 10, 2019. The consensus estimate is for a loss of $0.47 per share on revenue of $40.54 million. Investor sentiment going into the company's earnings release has 28% expecting an earnings beat. Short interest has decreased by 1.5% since the company's last earnings release while the stock has drifted higher by 11.4% from its open following the earnings release to be 42.7% above its 200 day moving average of $26.74. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 13.6% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)


    DISCUSS!

    What are you all watching for in this upcoming week ahead?


    I hope you all have a fantastic weekend and a great trading week ahead r/stocks.

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

    Beyond Meat up $39.15 (39.15%)

    Posted: 07 Jun 2019 05:16 PM PDT

    What do you guys think about Beyond Meat's value going up so much?

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

    Are Visa and MasterCard a safe investment?

    Posted: 08 Jun 2019 07:24 AM PDT

    I invested in both Visa and Mastecard and they have done great so far! I would love to put more money into the two companies because I think that we are most certainly moving towards a cashless economy, slowly but surely. Then on the other hand I'm worried if it's not a smart investment because of companies such as PayPal. I'm not very knowledgeable when it comes to the payment processing/network industry so maybe my fear might be baseless. Is the adoption of payment platforms such as paytm, WeChat pay and alipay in Asia a threat to visa and MasterCard? I'd love to hear what people think about this.

    submitted by /u/abcde123edcba
    [link] [comments]

    Trend Spider Feedback

    Posted: 08 Jun 2019 08:04 AM PDT

    Seen an advertisement on Facebook. Looked into it and seen possible potential. For those that don't know, it's an automated (AI) technical analysis charting platform. Spots trendlines, S/R, pattern formations, etc. I know this can all be done by hand which is what we already do.

    Does anyone have any feedback or a review on it?

    submitted by /u/Jma1087
    [link] [comments]

    Racking my brain on Apple(AAPL) stock draw down. Trying to ultimately get MAR Ratio.

    Posted: 08 Jun 2019 01:03 PM PDT

    I have been trying to figure out the max draw down on Apple stock. I know the formula [peak-low/peak], and have found three different places that are all different max draw downs, one of the places is me using python showing a 71.08% max dip. Like my title says, I want to get to the MAR Ratio.

    submitted by /u/Vote4flipflop
    [link] [comments]

    Thoughts on SLDB

    Posted: 08 Jun 2019 12:00 PM PDT

    I bought it a while back around 10 but recently it dropped 40% .Should I hold on long term or sell and move on?

    submitted by /u/armin2345
    [link] [comments]

    Blockchain on global diamond market

    Posted: 08 Jun 2019 11:48 AM PDT

    The exotic nature of diamonds offers enormous opportunities and advantages for money laundering and tax evasion. Precious gems developed an international supply chain which became a result of billions in losses each year. According to an investigative report of Global Witness, which fights natural resource exploitation, diamonds sales have been noticed on the markets of Facebook and What'sApp.

    The United Nations did their best to stop the flow of diamonds and in 2000 came to the decision "Kimberley Process" which presents a three-step verification to make diamond mining countries provide declarations on each stone. Now the system of export and import control works in 75 countries. Nevertheless, the resolution covers only rough diamonds used by rebel groups to finance wars against legitimate governments what means that jewellery market is not under supervision yet.

    "We see document tampering where one stone has been claimed across similar timelines with multiple insurers," says Leanne Kemp, CEO and founder of Everledger, a company that uses blockchain to track and protect precious stones. They create a unique thumbprint on each stone, and now their blockchain system collects 1.6 mln diamonds providing information about authenticity and provenance of gems. So, the blockchain technology prevents double financing, or lab-grown stones from being falsely identified.
    Though, blockchain is used to make the global diamond market transparent and secure, it makes life easy only for manufactories, not for customers. That's why we are creating Diamond Open Market which will be available to everyone and provide you with fair prices what is unicity on this monopolized market.

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

    China warned Tech Giants

    Posted: 08 Jun 2019 11:19 AM PDT

    Chinese government warns Tech Giants against cooperating with Trump Ban

    It's heading to another escalation.

    https://www.nytimes.com/2019/06/08/business/economy/china-huawei-trump.html

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

    Is $5 commission normal?

    Posted: 08 Jun 2019 10:59 AM PDT

    I already have investments with Fidelity so I considered opening a "Brokerage Account" with them.

    Pros: strong set of tools for research and value tracking. In addition to stocks, I can trade bonds, options, and ETFs. I'm interested in trading ETFs and I have no idea if most brokerage firms offer this.

    Cons: $2500 deposit to start (not a problem for me).
    " $4.95 commission on all online U.S. equity trades". What? $5/trade? Is this preposterous or is this normal? Am I correct to understand that my cost to buy-hold-sell a simple stock purchase is $10?

    I'm not a day trader. I'm a week trader (arguably a weak trader, LOL). I expect to buy/sell a couple positions a week at most. I'm lucky to have enough savings that I feel safe risking a 4-digit number into my own market beliefs.

    TLDR: Is $5 commission normal? Avoidable?

    submitted by /u/SkyHigh27
    [link] [comments]

    GameStop cuts the dividend while the board think up ways to spend the money

    Posted: 08 Jun 2019 04:18 AM PDT

    Its difficult for management to admit they are out of ideas but GameStop is in secular decline and the only good thing about it was a decent dividend.

    The company's shareholders need a new business and its highly unlikely that existing or new GameStop management will be able to deliver this.

    What needs to be done is to wind down the business, return as much cash as possible to creditors and shareholders and let investors seek opportunities in other businesses.

    Honestly if they had come up with a new plan to justify the dividend cut I might have given it the benefit of the doubt. But to just cut the dividend to blue sky their options is the best way to eliminate shareholder value.

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

    submitted by /u/InterestingNews1
    [link] [comments]

    Does anyone know retail investors who have been beating SP500 average returns for over 10 years.

    Posted: 07 Jun 2019 10:35 PM PDT

    I am wondering if non institutional investors, like most of us, can truly beat the market over long term. If you know of someone who has been, I would like to know what general strategy they have used.

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

    Tesla is having its best week since October, but investor says bear case is still strong

    Posted: 07 Jun 2019 05:00 PM PDT

    https://www.cnbc.com/2019/06/07/tesla-is-having-its-best-week-since-october-but-bear-case-is-strong.html

    "If you're buying here today, you're buying it for the long term. You think that Tesla will continue to dominate the electronic market five years from now. Or you think they're going to drown in their own debt and burn through cash and the stock is going to go consistently lower," he said. "We're on the case of the bear side."

    Tesla's high debt load has caused concern among Wall Street firms and investors. Morgan Stanley recently cited Tesla's debt load and access to capital alongside weaker demand as reasons for concern over its stock price. The firm said its worst-case scenario would take the stock down to $10.

    submitted by /u/coolcomfort123
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    Which publicly traded companies specialize in carbon capture?

    Posted: 08 Jun 2019 06:29 AM PDT

    On the front page today, I saw a post about carbon capturing. I knew this was something that is currently in development and I'm wondering if anyone can recommend publicly traded companies who do carbon capture.

    submitted by /u/pkdomo
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    Favorite indicators/chart setups?

    Posted: 07 Jun 2019 06:47 PM PDT

    I have obv on my main screen only along with level 2. Then another screen with 2 charts simplie moving averages sma(20,50,200) ema(8,21,120). Then a 3rd screen with macd, rsi, boilinger bands.. Just set this up tonight and I love it.. I like to use all 3 screens on the one stock so I can see what it is doing, it is easy to switch one screen to a diff stock if need be... I like to view my charts with daily candles..

    Just set up this obv indicator and I really like it!

    submitted by /u/mark_cny
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    Is the recent rally just a "dead cat bounce"?

    Posted: 08 Jun 2019 12:59 AM PDT

    Given the most recent rally in US, Australian, and NZ markets, I can't help but think this is false optimism which will result in a dead cat bounce.

    Powell only has another 2 - 2.25% interest rate to lower before things get to 0 - then what's he going to do? Also, I'm unsure as to how he intends to replace the all the layoffs which has been happening recently e.g.: Ford 7000+, GM 4000+, MGM resorts, 3M, 7200+ retail store closures.

    Furthermore, it's not only USA that's lowering its rates - Australia is at 1.25% and New Zealand is at 1.5% - all levels which haven't been seen since the great recession. Having said this, it seems like this charade still has plenty of room to run, despite there being no clear indication that the two sides are close to resuming trade talks...

    I'm curious to understand: is anyone else long gold? Also, what % of your portfolios are cash vs. equities? Personally I'm long gold at ~7% exposure with the majority of my portfolio sitting in cash - Buffett has about $100bn sitting in cash - I wonder what he's waiting for and what he has on his watch list. Michael Burry recently disclosed his largest holding is JD believe it or not!

    submitted by /u/SensibleInvesting
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    Neptune-Wellness?

    Posted: 07 Jun 2019 10:42 PM PDT

    First timer...yall buying into wellness or nah?

    submitted by /u/iluvdolo
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    Why selling on bad news such as trade wars is a bad idea?

    Posted: 07 Jun 2019 08:47 PM PDT

    I'm just wondering if my logic is completely flawed; Assuming we are talking on total market etfs such as s&p 500, why not sell on bad news? Why hold is the recommended strategy? Trade wars dropped the market for 3 times now over the past year, and it usually lasts for weeks. What if you sell on the first headline and just wait for the storm to pass? Best case, you buy back at cheaper price. Worst case, you buy back more expensive than you sold, but since most people hold their positions for many years, another 1-2 percent won't matter. Now, I get it, you can't time the market, but does holding really is the best advice?

    submitted by /u/thaibasedbutnotthai
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    The unpredictable

    Posted: 07 Jun 2019 02:43 PM PDT

    Beyond meat just shows how unpredictable the stock market can be. No wonder STMP got away with >$200 value for years. Do you guys think BYND will go beyond $200 too? I personally have not invested in it; from a distance the 40% increase looks nice. I was waiting for it to drop from $80s to get in, but it just never dropped.

    submitted by /u/rookiestar007
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