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    Stocks - Some interesting stories in the stock market this week

    September 28, 2019

    Stocks - Some interesting stories in the stock market this week

    Some interesting stories in the stock market this week

    Posted: 28 Sep 2019 05:40 AM PDT

    Value Stocks

    Western Union presented a new three-year financial outlook on Tuesday and detailed plans to grow its core consumer-to-consumer business. Short term, it is targeting low double-digit annual EPS growth over the next three years. Longer term the company aims to win partnerships with e-Commerce businesses expanding into emerging markets. Management expects to generate $3 billion in operating cash flow and to return over $2.5 billion to shareholders from 2020 to 2022. A significant amount for a company with a market cap of $9.3 billion.

    The market did not appear impressed and the stock fell over 2% before regaining those losses and adding a small profit. However, the valuation still looks cheap with a trailing PE of just 8.4. BTIG analyst Mark Palmer's seems to agree. He said that the company is a "resilient 'cash cow' and underappreciated digital platform".

    ​

    Large Caps

    Cintas reported strong Q1 earnings on Tuesday. The latest in a series of earnings beats for the uniform rental company. In fact over the past four years revenues have increased 45% and earnings are up 95%. But the valuation at 4x revenues and 32x earnings does seem to be getting ahead of itself after a 60% increase YTD. Management did increase guidance but they are still only projecting 12% earnings growth this year at the mid point.

    ​

    Speculative Opportunity

    NetSol has given up nearly all its gains after reporting a strong finish to the year on Monday and is now trading on a trailing PE of just 10. That's understandable given, as a software developer for automobile financing and leasing companies, it operates in a fairly cyclical sector and is probably not the top stock choice for all investors.

    However the opportunity presented by NetSol on Monday is much greater than its legacy business. The most important takeaway from the call were management's comments about developing a new car sharing platform called OTOZ.

    OTOZ is a new enabling platform where OEM, auto finance companies, car dealers and car users converge to create supply and demand for cars that are connected, insured, fueled, charged, cleaned, accessible and ready for all types of journeys, an hour, a day, a week, a month or years.

    NetSol, through their existing business, have built up a huge ecosystem of OEM over 100 auto finance companies, over 25 million end customers, over $300 million in auto assets and over 30 million cars. OTOZ plans to leverage these assets to establish it as the largest player in creating an on-demand shared mobility platform. None of the big players globally or any of NetSol's competitors are believed to be able to claim access to such a deep and broad ecosystem.

    OTOZ's development and discussions with partners remain at an early stage. However, the potential of the venture could be transformative for this $60 million stock.

    ​

    Growth Stocks

    There is a big opportunity for Appian, the "low-code" applications developer, as it makes it easier and faster for companies to build applications by removing as much of the hand-coding as possible. More evidence for this was provided on Monday when the company announced a new solution for accelerating the on boarding of financial services institutions while reducing the risks of implementation.

    The company's valuation of $3 billion or 10x revenues is not what you would consider cheap. However Appian's "low-code" software development tools are catching on fast. It helps its customers easily build their own applications, saving them time and money in the process. Companies are flocking to its platform, and existing customers tend to spend more on Appian's services over time, as seen in the torrid growth of Appian's subscription revenue which grew 41% last quarter.

    Appian management believe the total opportunity facing the company is $31 billion. Compared to that the $3 billion valuation looks more reasonable.

    ​

    Insider Buying

    Not much insider buying this week with earnings season approaching but I did notice that GT Gold President and CEO, Paul Harbidge, bought 75,000 shares at C$1.02 per share on September 18th and Charles Greig, VP of Exploration, bought 25,000 shares on September 9th.

    The purchases follow a report that was signed off by both Mr Harbridge and Mr Grieg on September 4th announcing the results from the next eleven drill holes at the 100%-owned Tatogga Project, in northwest British Columbia. The results confirmed "the continuity of excellent and increasing grades between the near-surface mineralization through moderate depths to the deeper and generally highest grade mineralization".

    Mining billionaire Ross Beaty is also a prominent shareholder of GT Gold holding 8% of stock. He apparently is nicknamed the 'broken-slot' machine due to his knack of consistently making his investors rich. I don't think I'd read too much into that name but it is reassuring to see senior executives backing up their comments with purchases. (Stock price at Fridays close was $0.96)

    ​

    Pharmaceuticals

    PolarityTE stock briefly rose 6% on Monday after positive results from a study of its SkinTE skin regeneration product in patients with difficult-to-treat wounds.

    All 15 patients who received a single application of SkinTE achieved complete wound closure. It also appears to be cost effective with a reimbursement of $30 per square centimetre compared to peers Integra (over $60) and MiMedx ($160).

    The CEO has previously quantified the size of the burns market at $5 billion and the larger market, when taking into account the skin regeneration market across all potential applications, at between $50 billion or $60 billion. That compares to the market capitalisation of just $91 million.

    The stock has given up Monday's gains and another 15%. Admittedly, the company still has a long way to go with the approval but the positive results are a step forward and the combination of effectiveness, cost savings and large TAM make the valuation at these levels appealing

    Please feel free to "FOLLOW" me if you would like to see my regular updates during the week.

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

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

    Saturday AMA 6+ Years Daytrading

    Posted: 28 Sep 2019 02:01 PM PDT

    I'm interested in talking about trading.

    AMA

    submitted by /u/21421195211212
    [link] [comments]

    Too many stocks?

    Posted: 28 Sep 2019 09:14 AM PDT

    Is that possible? I have been thinking about putting 1,000 down per stock whenever I invest. They would be companies that are established like 3M, Microsoft, Activision, Iron Mountain, Ford, NNN, Apple, and the list continues. Is there any large downside to owning this many different companies?

    submitted by /u/jamartin92
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning September 30th, 2019

    Posted: 28 Sep 2019 05:57 AM PDT

    Good Saturday morning to all of you here on r/stocks. I hope everyone on this sub 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 September 30th, 2019.

    The third quarter was a dud for stocks, but the fourth quarter could be full of surprises - (Source)

    The third quarter wraps up in the week ahead with stocks just slightly higher for the period, after a summer of zigzag moves.

    The market faces some of the same challenges in the final quarter of the year, including Brexit, the trade war with China, sluggishness in the global economy and the impeachment inquiry into President Donald Trump. By mid-quarter, the U.S. presidential election will be just a year away, and it could become a factor that could start to trigger market volatility.

    Stocks were lower in the past week, with the S&P 500 down 1%, finishing at 2,961.

    For the year to date, the S&P 500 is up 18.1%, but in the third quarter, so far, it added just 0.7%. The S&P started the quarter at 2,752, went as high as 3,028 before falling back. It has chopped in a range down to about 2,860, and has repeatedly struggled to get back to its high.

    "We think you stay within the range — 2,820 to 3,030," said Julian Emanuel, BTIG head equities and derivatives strategist. Emanuel's year-end target has been 3,000.

    "We see new highs, whether they happen in the fourth quarter or in 2020, as a function of geopolitical developments. From our point of view, the developments of the last several weeks, particularly [Sen. Elizabeth] Warren rising in the polls, increases in our mind the probability you get some sort of deal with China," he said.

    Analysts said there could be more volatility because of the efforts by House Democrats to impeach Trump. The investigation into the president has to do with his withholding of aid to Ukraine and whether it was tied to a request to get dirt on front running Democratic presidential candidate former Vice President Joe Biden and his son Hunter.

    Warren, D-Mass., whose tax and other policies are viewed as unfriendly to markets, is catching up with Biden in the polls, and some strategists see her benefiting from any negative news on Hunter Biden's dealings with a Ukraine gas company. Emanuel said if Warren continues to gain, that may encourage China to move forward with a trade deal with Trump, for fear making a deal with Warren would be more difficult.

    Besides political headlines, there is some key data coming out in the week ahead, including Friday's September employment report, and ISM and PMI manufacturing data on Tuesday. The economy is expected to have added 145,000 jobs, above the 130,000 last month, while the unemployment rate is expected to stay steady at 3.7%, according to Refinitiv.

    "We expect another month of census-related hiring to push public sector payrolls higher and, as a result, we forecast only 120k increase in private sector payrolls," notes Michael Gapen, chief U.S. economist at Barclays. "Our forecast for private sector employment gains in September would represent some improvement relative to August, but our forecast overall remains consistent with our outlook for slower employment growth on the heels of deceleration in economic activity."

    There are also a number of Fed speakers scheduled for next week, including New York Fed President John Williams; Cleveland Fed President Loretta Mester, and Boston Fed President Eric Rosengren.

    Trade will remain a major topic for markets, as U.S. and Chinese negotiators get closer to Oct. 10 talks. Headlines Friday that the White House is considering blocking or limiting U.S. investments into China sent stocks lower, after optimism about the talks lifted them early in the day.

    Emanuel said the fourth quarter may have a different tone from that of the third quarter, after the wild move lower in rates during August and early September. He expects bond yields have bottomed, and he favors some of the cyclical names, like financials and energy.

    "The likelihood is long-term yields move higher, and you could see some form of switching out of bond exposure and into stock exposure. That type of embracing of the stock market is typical of final innings," for markets, he said.

    Strategists said the impeachment efforts against Trump may ultimately not have a negative impact on stocks. Even if he is impeached by the House, the Senate would be expected to acquit him. Analysts liken the possible reaction to be more like when President Bill Clinton was impeached and acquitted by the Senate than when President Richard Nixon was facing impeachment proceedings. Nixon resigned before he was impeached.

    Stocks gained 28% in the year after impeachment efforts began against Clinton, but lost 39% in the year after they were begun against Nixon.

    Emanuel said the 2020 presidential election could also come into play this quarter, and Trump may take actions to boost the economy, such as finding a solution to the trade war with China. A resolution could give a boost to stocks.

    "People are very nervous and in general reasonably well-hedged because they remember the fourth quarter of last year so well, and from our point of view, we don't necessarily see this trading range resolve itself any time soon," said Emanuel.

    Markets will also be watching the Fed's repo operation Monday. The Fed has been conducting open market operations to assure there is enough cash in the short-term funding market, which was under stress at the start of last week. The Fed has calmed the market, but market pros are watching to see how much activity there is and whether rates rise. The final day of the month typically sees a surge in cash requirements, and on Monday, investors may require cash for the settlement of $113 billion in Treasury securities.

    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!)
    (CLICK HERE FOR THE CHART LINK #3!)

    October's First Trading Day Mixed Over Last 21 years

    Based upon data in the soon to be available Stock Trader's Almanac for 2020 on page 88, the first trading day of October is DJIA's fourth weakest of all monthly first trading days since September 1997 based upon total DJIA points gained. June, August and September have been weaker. S&P 500 has been down 10 of the last 21 years on the first trading day of October. DJIA's record is slightly softer with 11 declines and NASDAQ's performance has been the worst of the group, down 12 times with an average loss of 0.36%.

    (CLICK HERE FOR THE CHART!)

    Fruitful to Sell Rosh Hashanah

    Happy Jewish New Year to you all! I took the above picture of pomegranates last year in Tel Aviv's Carmel Market during my adventure through Israel with my family in celebration of my eldest son's bar mitzvah.

    As the High Holidays approach you may remember the old saying on the Street, "Sell Rosh Hashanah, Buy Yom Kippur." It gets tossed around every autumn when the "high holidays" are on the minds of traders as many of their Jewish colleagues take off to observe the Jewish New Year and Day of Atonement.

    The basis for this, "Sell Rosh Hashanah, Buy Yom Kippur," pattern is that with many traders and investors busy with religious observance and family, positions are closed out and volume fades creating a buying vacuum. Even in the age of algorithmic, computer, and high frequency trading these seasonal patterns persist as humans still need to turn the machines on and off and feed them money or take it away – and these algorithms and trading programs are written by people so the human influence is still there.

    Holiday seasonality around official market holidays is something we pay close attention to (page 88 Stock Trader's Almanac). Actual stats on the most observed Hebrew holidays have been compiled in the table here. We present the data back to 1971 and when the holiday falls on a weekend the prior market close is used. It's no coincidence that Rosh Hashanah and Yom Kippur fall in September and/or October, two dangerous and sometimes opportune months.

    (CLICK HERE FOR THE CHART!)

    Perhaps it's Talmudic wisdom but, selling stocks before the eight-day span of the high holidays has avoided many declines, especially during uncertain times. While being long Yom Kippur to Passover has produced 59% more advances, half as many losses and average gains of 7.0%.

    This year the high holidays commence on Sunday eve, September 29, and end October 9 with Yom Kippur right in time for Octoberphobia. The current news flow already has folks selling ahead of the Jewish High Holidays, setting up the market for further declines in notoriously volatile October.

    What If September Is Up?

    Well, when the worst month of the year is up, it's not so bad. October is slightly better when September is up. But Q4 and the rest of the year are generally more positive. In the tables below September is ranked by largest gain for DJIA and S&P 500 since 1949 and NASDAQ since 1971. Q4 remains about average, but full year gains are above average. So if September can eke out a gain then watch out for Octoberphobia, but fear not the full year.

    (CLICK HERE FOR THE CHART!)
    (CLICK HERE FOR THE CHART!)
    (CLICK HERE FOR THE CHART!)

    Financials Hold on to Broad Gains in September

    In spite of the relative weakness we have seen in equities over the last week, US stocks are still poised to finish off September and the entirety of Q3 in the black. While overall breadth among industries was more positive several days ago, there are still four sectors where every industry is still in the black on a month to date basis. As shown in the graphic below, all of the industries within the Energy, Financials, Real Estate, and Utilities sectors remain in the black for the month of September. To be fair, Energy and Real Estate each only have two industries in their respective sectors, so for these two sectors, it isn't quite as impressive. Within the Financials sector, though, all five are still up on the month while all three industries in the Utilities sector are also up MTD.

    In the Energy sector, even with this month's gains of over 4%, both industries in the sector are poised to finish Q3 with a decline. Utilities have been big winners so far this quarter, but Electric Utilities have been the clear leader with an eye-popping gain of 10.2% this quarter.

    (CLICK HERE FOR THE CHART!)

    Looking for Action? S&P 1500 Most Volatile Stocks

    For traders with a short-term time horizon who are looking for big moves, we have updated our list of the S&P 1500 stocks trading above $10 that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last 50 days). The stocks are grouped based on whether they have a rising or falling 50-day moving average (DMA).

    While the VIX remains relatively low, in recent months we have started to see some big moves in individual stocks and that can be seen in the fact that a number of stocks in the table below currently have average intraday ranges of more than 5%. The most volatile stock in the S&P 1500 is Lennox International (LII), which has had an average intraday high-low range of 9.5% over the last 50 trading days. Granted, it's only an $11 stock, so the 9.5% average range works out to just about a dollar per day, but it is still volatile nonetheless. Behind LII, there are another three stocks with average daily moves of over 8%, but here again, they are all relatively low priced stocks trading at less than $20 per share. The highest-priced stock on the current list is Innovative Industrial Properties (IIPR). With a share price of $91 and an average daily move of over 5%, IIPR typically sees an intraday swing of over $5. That's a trader's dream if you trade it right, but a nightmare if you get it wrong!

    In terms of sector representation on this month's list, Consumer Discretionary is the most prevalent with 17 different stocks. Behind Discretionary, the next closest sector is Energy at eleven. Finally, with regards to the breakdown between stocks with rising and falling moving averages, there are modestly more stocks with falling moving averages (29) than rising moving averages (21), suggesting some underlying weakness even with the broader S&P 500 trading not far from new highs.

    (CLICK HERE FOR THE CHART!)

    Manufacturing: Doing Okay or In Collapse? It Depends Who You Ask.

    Last night in The Closer, we discussed the huge divergence between regional Fed manufacturing activity indices and the ISM Manufacturing Index. In the chart below, we've created a proxy for the ISM Manufacturing Index by averaging sub-indices from various regional Fed manufacturing surveys. The result is generally well-correlated to ISM, but over the last few months the two have diverged wildly. While the Five Fed indices from the New York, Philadelphia, and Richmond Fed districts would indicate an ISM reading in the mid-50s, the actual readings have been deteriorating dramatically. Of course, these three Fed districts are a relatively small snapshot of the overall national economy, but collectively their sample size is similar to the ISM's. It's hard to say which is "right", but the huge divergence is certainly noteworthy.

    (CLICK HERE FOR THE CHART!)

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 27th, 2019

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

    (VIDEO NOT YET POSTED)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 09.29.19

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

    (VIDEO NOT YET POSTED)

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

    • $COST
    • $SFIX
    • $THO
    • $PEP
    • $PAYX
    • $STZ
    • $MKC
    • $UNFI
    • $RPM
    • $BBBY
    • $LEN
    • $CALM
    • $ASNA
    • $LW
    • $AYI
    • $AMRS
    • $ANGO
    • $SGH
    • $LNDC
    • $RECN
    • $NG
    (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 9.30.19 Before Market Open:

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

    Monday 9.30.19 After Market Close:

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

    NONE.

    Tuesday 10.1.19 Before Market Open:

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

    Tuesday 10.1.19 After Market Close:

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

    Wednesday 10.2.19 Before Market Open:

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

    Wednesday 10.2.19 After Market Close:

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

    Thursday 10.3.19 Before Market Open:

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

    Thursday 10.3.19 After Market Close:

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

    Friday 10.4.19 Before Market Open:

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

    NONE.

    Friday 10.4.19 After Market Close:

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

    NONE.

    Costco Wholesale Corp. $285.95

    Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, October 3, 2019. The consensus earnings estimate is $2.54 per share on revenue of $47.26 billion and the Earnings Whisper ® number is $2.53 per share. Investor sentiment going into the company's earnings release has 86% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.63% with revenue increasing by 6.42%. Short interest has increased by 2.3% since the company's last earnings release while the stock has drifted higher by 19.7% from its open following the earnings release to be 16.3% above its 200 day moving average of $245.88. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, September 26, 2019 there was some notable buying of 2,274 contracts of the $312.50 call expiring on Friday, October 18, 2019. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 3.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Stitch Fix, Inc. $18.34

    Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 1, 2019. The consensus earnings estimate is $0.04 per share on revenue of $432.10 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 87% expecting an earnings beat The company's guidance was for revenue of $425.00 million to $435.00 million. Consensus estimates are for earnings to decline year-over-year by 76.47% with revenue increasing by 35.75%. Short interest has increased by 89.0% since the company's last earnings release while the stock has drifted lower by 37.3% from its open following the earnings release to be 25.8% below its 200 day moving average of $24.72. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 11, 2019 there was some notable buying of 4,187 contracts of the $25.00 call and 4,010 contracts of the $25.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 22.4% move on earnings and the stock has averaged a 17.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Thor Industries, Inc. $48.92

    Thor Industries, Inc. (THO) is confirmed to report earnings at approximately 6:30 AM ET on Monday, September 30, 2019. The consensus earnings estimate is $1.48 per share on revenue of $2.36 billion and the Earnings Whisper ® number is $1.43 per share. Investor sentiment going into the company's earnings release has 51% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 15.43% with revenue increasing by 25.93%. Short interest has increased by 80.4% since the company's last earnings release while the stock has drifted lower by 15.1% from its open following the earnings release to be 15.7% below its 200 day moving average of $58.04. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, September 24, 2019 there was some notable buying of 879 contracts of the $50.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 13.3% move on earnings and the stock has averaged a 5.3% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    PepsiCo, Inc. $135.60

    PepsiCo, Inc. (PEP) is confirmed to report earnings at approximately 6:00 AM ET on Thursday, October 3, 2019. The consensus earnings estimate is $1.50 per share on revenue of $16.97 billion and the Earnings Whisper ® number is $1.53 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 5.66% with revenue increasing by 2.94%. Short interest has decreased by 13.5% 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 9.6% above its 200 day moving average of $123.69. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 11, 2019 there was some notable buying of 897 contracts of the $135.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 2.8% move on earnings and the stock has averaged a 2.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Paychex, Inc. $81.52

    Paychex, Inc. (PAYX) is confirmed to report earnings at approximately 8:30 AM ET on Wednesday, October 2, 2019. The consensus earnings estimate is $0.69 per share on revenue of $990.93 million and the Earnings Whisper ® number is $0.70 per share. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 2.99% with revenue increasing by 14.85%. Short interest has increased by 3.4% since the company's last earnings release while the stock has drifted lower by 3.0% from its open following the earnings release to be 3.1% above its 200 day moving average of $79.07. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 4, 2019 there was some notable buying of 731 contracts of the $87.50 call expiring on Friday, March 20, 2020. Option traders are pricing in a 4.1% move on earnings and the stock has averaged a 1.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Constellation Brands, Inc. $206.00

    Constellation Brands, Inc. (STZ) is confirmed to report earnings at approximately 7:30 AM ET on Thursday, October 3, 2019. The consensus earnings estimate is $2.62 per share on revenue of $2.33 billion and the Earnings Whisper ® number is $2.69 per share. Investor sentiment going into the company's earnings release has 48% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 8.71% with revenue decreasing by 7.75%. Short interest has increased by 10.8% since the company's last earnings release while the stock has drifted higher by 3.7% from its open following the earnings release to be 10.5% above its 200 day moving average of $186.43. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, September 17, 2019 there was some notable buying of 982 contracts of the $227.50 call expiring on Friday, October 4, 2019. Option traders are pricing in a 5.7% move on earnings and the stock has averaged a 6.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    United Natural Foods, Inc. $11.42

    United Natural Foods, Inc. (UNFI) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, October 1, 2019. The consensus earnings estimate is $0.69 per share on revenue of $6.44 billion and the Earnings Whisper ® number is $0.72 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 9.21% with revenue increasing by 148.43%. Short interest has increased by 5.4% since the company's last earnings release while the stock has drifted higher by 14.2% from its open following the earnings release to be 2.0% below its 200 day moving average of $11.65. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, September 19, 2019 there was some notable buying of 5,030 contracts of the $10.00 put expiring on Friday, February 21, 2020. Option traders are pricing in a 20.4% move on earnings and the stock has averaged a 10.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    McCormick & Company, Incorporated $156.80

    McCormick & Company, Incorporated (MKC) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, October 1, 2019. The consensus earnings estimate is $1.29 per share on revenue of $1.34 billion and the Earnings Whisper ® number is $1.31 per share. Investor sentiment going into the company's earnings release has 46% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 0.78% with revenue decreasing by 0.39%. Short interest has decreased by 11.3% since the company's last earnings release while the stock has drifted higher by 7.4% from its open following the earnings release to be 5.3% above its 200 day moving average of $148.93. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 4.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    RPM International Inc. $68.64

    RPM International Inc. (RPM) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, October 2, 2019. The consensus earnings estimate is $0.91 per share on revenue of $1.49 billion and the Earnings Whisper ® number is $0.93 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 19.74% with revenue increasing by 2.06%. Short interest has decreased by 29.2% since the company's last earnings release while the stock has drifted higher by 5.6% from its open following the earnings release to be 12.8% above its 200 day moving average of $60.87. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 4.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Bed Bath & Beyond, Inc. $9.89

    Bed Bath & Beyond, Inc. (BBBY) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, October 2, 2019. The consensus earnings estimate is $0.29 per share on revenue of $2.77 billion and the Earnings Whisper ® number is $0.29 per share. Investor sentiment going into the company's earnings release has 3% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 23.68% with revenue decreasing by 5.62%. Short interest has increased by 1.7% since the company's last earnings release while the stock has drifted lower by 9.6% from its open following the earnings release to be 23.9% below its 200 day moving average of $12.99. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 20, 2019 there was some notable buying of 23,522 contracts of the $9.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 18.4% move on earnings and the stock has averaged a 12.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    DISCUSS!

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

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

    submitted by /u/bigbear0083
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    What are your thoughts on the Ford stock with Rivian

    Posted: 28 Sep 2019 02:08 PM PDT

    I hear alot of good things about these upcoming electric vehicles that Ford is going to produce, should it be a good buy for multiple stocks ?

    submitted by /u/xko92x
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    In hindsight, did anyone predict AWS would be such a cash cow, or was it only after the results started rolling in?

    Posted: 28 Sep 2019 12:43 PM PDT

    One thing crossed my mind today, did anyone predict that amazon stock would takeoff the way it did because of AWS back when amazon first got into the business, or was it more of a situation where the market realized later on that amazon stumbled on a goldmine?

    submitted by /u/TheSultan123
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    Cracking found on some 737-NG planes

    Posted: 27 Sep 2019 10:20 PM PDT

    Cracks have been discovered on some 737-NG aircraft in the component that holds the wings on the body. Boeing found the problem during routine maintenance and reported it to the FAA.

    The FAA is ordering repairs. Boeing is also working to create new maintainance guidance for airlines. No problems in operations had been observed.

    https://www.cnn.com/2019/09/27/business/boeing-737-ng-cracks/index.html

    submitted by /u/leeta0028
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    Do we know what happened with FSLR Friday?

    Posted: 28 Sep 2019 10:53 AM PDT

    I could not find a reason for the stock to tank further (apart from some technical analysis signals). I didn't see any news that would warranty such a severe decline (even further than the previous day). Looks like it could be a good entry point if it's just bearish sentiment from the market as a whole r/t Trump news.

    submitted by /u/Napalm32
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    Oil sector will decline - invest in right now before electric become the norm?

    Posted: 28 Sep 2019 03:31 AM PDT

    What companies and what underlying technologies are worth investing in now to capitalize on the electric revolution (or evolution)?

    I understand that their business model will be severely affected in the coming decade, as we move toward renewable and "green" energy sources. Any thoughts on oil, renewable energy etc?

    submitted by /u/FrankUnderwood268
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    want to learn stocks

    Posted: 28 Sep 2019 09:40 AM PDT

    so i'm 22 years old. I realize I do not want to work all my life. I feel like it's meant for me not to work either. I've always wanted to make money and i've watched videos on the stock market but cannot seem to understand it at all. I need advice on how to get my feet wet. Any book suggestions ? youtube videos ? blogs ? any beginner advice would be appreciated.

    submitted by /u/YourJudgement
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    Should I buy Disney Plus stock?

    Posted: 28 Sep 2019 12:48 PM PDT

    Hey, novice here. I know nothing about stocks, but I figure that Disney's new streaming service is going to BOOM right up to Hulu and Netflix status. I'd love to make some money off of that boom, but is investing a couple hundred dollars into it really going to give me a return? If I could just double the amount of money I put into it, that'd be good enough for me.

    submitted by /u/basilosaurusboy
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    Which Pharma stock are you holding/buying and why?

    Posted: 28 Sep 2019 01:30 AM PDT

    Looking to expand my portfolio and add a pharma stock. It seems that sector is good and contains growth as well as dividend stocks . Would like to gather Some info from what folks in this sub are holding and purchasing . -Long term - 5 plus Years at-least -Approx $400 to invest.

    I am considering BMY, given there recent acquisition and low price taking into account dividend yield.

    submitted by /u/MegaStudent
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    If the green new deal was passed in its entirety.(no changes or compromise) how would the stock market react?

    Posted: 27 Sep 2019 09:29 PM PDT

    This would assume that defense was cut to the point where they still spend the most of any country but barely better than #2.

    submitted by /u/NotThePwner
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    Why buy Disney stock?

    Posted: 28 Sep 2019 03:18 AM PDT

    Why is everyone so bullish on this stock? There are a couple of reasons to at least consider that this stock is not necessarily a long-term stock and there are risks that it could trade flat:

    • Long term annual growth estimate (5Y EPS) is negative. https://finviz.com/quote.ashx?t=DIS
    • Disney has not enough resources to meet its short-term liabilities (current and quick ratio <1). If there would be interest rate hikes or a debt crisis, they would get hit hard
    • Disney has a history of scandals which exposes them to reputational risk that can hit the stock if more future scandals would highlight the news. https://www.grunge.com/147430/the-biggest-scandals-to-ever-hit-disney/
    • Netflix, HBO etc have more different content than Disney. Disney is more focused on children, cartoons and fantasy movies.
    • Disney's revenue stream is mostly based on its parks (Q3 reports decreasing visitors), not on its streaming service or movies.

    What is your opinion?

    submitted by /u/FrankUnderwood268
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    How to invest in American (Or other good economies) stocks from another country

    Posted: 28 Sep 2019 06:57 AM PDT

    I'm from a south Asian country. Investing in our native stocks is risky because there tends to be a lot of market manipulation here. How can I as a foreigner invest in stocks in US, or in a Europian country?

    submitted by /u/bud154
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    2020 Foresight: How to Protect and Profit in a Bear Market (Part 3)

    Posted: 28 Sep 2019 06:21 AM PDT

    Your early warning signal : S&P500 drops 10% in the second week of October 2019.

    Parts [1] [2]

    See original for embedded pics.

    ​

    It is the weekend of the final week of September, 2019. The next trading week will be the trading week of October. The S&P500 has closed the week at 2966 after opening 2998. This might not sound like a big fall, but the bulls have lost a critical fight in the markets this week. In the coming two weeks, it seem likely the bulls will start to quit. Pullbacks will continue to make lower highs, and then bears will continue to drive the market to new lows.

    ​

    What I have explained here is an uptrend failure, and the transition into a downtrend. The downtrend has a dominoes like effect. One trend continuation levels fails and price falls. The next bigger level fails, price falls more. Another price level fails, and there is a bigger still drop. It is this cascade of events that builds up to be these "S&P500 dropped 20% today" news headlines we see in crashes.

    ​

    I showed the first major trend failure in part 2, when I showed how I opened trades to position from the drop with China walking out of a meeting.

    https://imgur.com/JkywbF0

    ​

    Review of Previous Forecasts

    ​

    Last week in part 2 I said after we'd seen the first trend failure level we should look for certain warning signs in price. The candles that would form if there were to be failures of other trend levels were drawn onto the S&P500 chart.

    ​

    And I said these would be the warning signs in the order they would appear.

    https://imgur.com/Nfmgo4U

    ​

    ​

    This is the same chart in the previous picture, and here is the first warning candle I've drawn presenting itself.

    I've also added in the price formation of what the big warning signal will be. A drop of around 10%, close to 2650 low. This will probably happen in a very small period of time, hours or even minutes. Highly likely there will be a news related catalysis.

    https://imgur.com/Nfmgo4U

    ​

    Last week in part two I said we should look for these warning candles along with an escalation in new news events. Something unexpected that could rapidly snowball.

    https://imgur.com/uoQ0i3w

    ​

    I'd say the Trump impeachment thing kinda fits the bill there, wouldn't you agree?

    https://imgur.com/a/yvmIdqT

    ​

    Our huge warning signs in the coming two weeks.

    In the first week of October price ranges in the 2940 - 2970 area. Does not go up a lot, does not go down a lot. Spends a lot of time pretending it will do one of these.

    ​

    This is a terrible sign. It tells us the bull are not coming in. Not the ones that matter, anyway.

    ​

    We close the week quite flat, close to the opening price.

    ​

    In the second week of October, there is a sharp 10% drop in the S&P500. Low in around the 2650 area.

    ​

    If we see this, we should expect things to continue to rapidly deteriorate.

    submitted by /u/whatthefx
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    S&P500 Close 27th September: Bearish Engulfing Pattern

    Posted: 28 Sep 2019 02:13 AM PDT

    September 23rd - 24th- 25th - 26th

    ​

    In the same trading patterns of recent days, the S&P500 rose a bit in the Asia and European sessions, and then started to sell off in the US session. This was apparent within the first hour of the New York open.

    After a first sell off and attempted break of 2970 there was a retrace to 2980. From 2980, price made a big one ,minute candle breaking under 2970, and then in the following momentum down trended through 2960. The low was made around 2945 before the market closed close to the 2960 level.

    ​

    Attempts at breaking recent highs failed, and new lows were made. Although I've been saying this looks like a bear market for over a month now, this was the first time the market has strongly confirmed this.

    ​

    If the pattern is to continue, we should have a sideways week ahead of us. Price should hold a general range of 2940 - 2970 and not do much more in the coming week. We're looking for little holding pattern / consolidation and indecision candles. Things like spinning tops, dojis and the like.

    ​

    For day traders (like me), the following week may be quite a boring one, but it is it it does at least give extra time to allocate to preparing trade plans, and they'll be needed. The week after, the storm begins.

    submitted by /u/whatthefx
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    Trading Options Question

    Posted: 27 Sep 2019 10:07 PM PDT

    I just got into trading options and one of my calls has gone up. I want to sell it and was wondering how I can get the stock sold instantly. Would I just have to put the stock one cent under the value that it is for it to insta sell and cash out profits? For people who are wondering these are call options for the GoPro stock. Thanks in advance!

    submitted by /u/cartoonlandy
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    If I want to buy right at open, what’s limiting me from doing that?

    Posted: 28 Sep 2019 01:29 AM PDT

    Say I wanted some shares of XYZ the very moment the market opens... would I have a better chance of getting them if I placed the order on Friday at close then say 30 minutes before open on the Monday?

    For even further example, take the recent oil jump. Me and a friend did a "this actually can't go tits up" and wanted to buy it at open. The one thing I was uncertain of was how do I get in at the price closest to what it is — at close the day before the news came out.

    Follow up question: what type of trading is that? Ive been trying to diversify beyond just buying a thing or two here and there and I want to set up my portfolio in a way that suits a portion dedicated to this type of trade. The same way you would have X amount allocated for options trading and X For ETF's.

    I've been at it for about 6 months but I lack serious direction from here. Any suggestions would be helpful as I'm sure there's plenty others that experience a similar block at some point.

    submitted by /u/googleyedjack
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    Revolut Launches Mobile Based Stock Trading for Everyone in Europe

    Posted: 27 Sep 2019 02:44 PM PDT

    "Revolut, the popular internet banking application has made commission-free stock trading available to everyone in the European Economic Area."

    https://nullfud.com/revolut-launches-stock-trading-for-everyone

    submitted by /u/DeethzPlays
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