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    Thursday, October 24, 2019

    Stock Market - Charles Schwab’s move to sell fractions of shares could be a ‘game-changer’ for investors

    Stock Market - Charles Schwab’s move to sell fractions of shares could be a ‘game-changer’ for investors


    Charles Schwab’s move to sell fractions of shares could be a ‘game-changer’ for investors

    Posted: 24 Oct 2019 07:59 AM PDT

    It could also spell more trouble for traditional mutual funds, some experts say

    Online broker Charles Schwab SCHW, -0.85% is planning to launch "fractional stock" ownership in a bid to woo younger investors, the company's founder and president Charles R. Schwab said in a recent interview with The Wall Street Journal. That could make it possible for individual investors to buy shares in companies, and exchange-traded funds, in smaller, or exact dollar amounts.

    "This could potentially be a 'game-changer,'" says Peter Palion, a certified financial planner at Master Plan Advisory, Inc. in East Meadow, N.Y. "It would be a game changer if you could specify the dollar amount and say, 'I want to buy, say, $100 of the Gold SPDR," GLD, +0.73% he says.

    That would be a win for investors who are handling small amounts of money, and for those who want to invest a certain amount of money each month into retirement accounts, he says. It would allow some investors to buy $25 or $50 at a time of individual stocks or ETFs, he says. It could also allow investors to invest, say, exactly $500 a month in one or more ETFs as part of a regular investment plan.

    https://www.marketwatch.com/story/charles-schwabs-move-to-sell-fractions-of-shares-could-be-a-game-changer-for-investors-2019-10-23

    submitted by /u/LightningPlus
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    StockSight - crowd-sourced stock market open-source software

    Posted: 24 Oct 2019 08:08 PM PDT

    StockSight - crowd-sourced stock market open-source software https://github.com/shirosaidev/stocksight

    submitted by /u/shirosaidev
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    Stock Market project

    Posted: 24 Oct 2019 11:33 AM PDT

    Anyone have any short term stock in invest in? Class project where we invest money into stock as a simulation but the stock data we are running off of is current and is actually stock prices.

    submitted by /u/andrnguy2020
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    $TSLA Don't go chasing TESLA

    Posted: 24 Oct 2019 05:09 AM PDT

    What a move in the afterhours, if your long, best not be greedy, they short sellers will not give up that easily.
    Just like the Bulls the bears are a stubborn bunch and have a single minded opinion on TSLA and Elon Musk , denial could get them in trouble.
    The stock hit the Fibonacci golden pocket after hours and stalled which is also a area of monthly candle resistance.
    We expect a retrace before any advance higher which will not be at the speed of today's move, the chart is stacked above the current level with sellers waiting to get of losing trades.
    Sit back and watch the battle tomorrow between bulls and bears.
    Wait for the sell side analysts to through in the towel, then you know its a buy.

    https://www.tradingview.com/chart/TSLA/bVgRcz3v-TSLA-Don-t-go-chasing-TESLA/

    submitted by /u/TopMarketGainers_com
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    What can you do with $100 in the stock market

    Posted: 24 Oct 2019 05:45 PM PDT

    I was backtesting the stock market in the past 10-20 years and thought would like to share a calculator so you can randomly generate a stock and see how the stock performs since dot.com bubble / financial crisis until today.

    https://www.earningsfly.com/articles/what-can-you-do-with-100-in-the-stock-market

    p.s: please be aware there are survival bias in the calculator.

    p.s2: dividends are not discounted back to the price.

    submitted by /u/ssmlee04
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    What does everyone think of Paypal stock earnings?

    Posted: 24 Oct 2019 08:24 AM PDT

    Are they out of the penalty box? Is this just a fluke?

    submitted by /u/ZhouVicky
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    $SQ Paypal a sign of things to come in Square.

    Posted: 24 Oct 2019 07:22 AM PDT

    Hopefully the blowout earnings from Paypal give us a insight into the upcoming earnings from SQ , obviously cash is not king anymore, it is becoming a inconvenience for many small businesses, card & app transactions are growing and will eventually spell the end for cash. Sq is well down from its highs so maybe a buy and hold rather than a trade.
    Average price target $74 | Overweight.
    short interest high at 10.2%

    Company profile
    Square, Inc. engages in the provision of credit card payment processing solutions. It is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses. Once a seller downloads the Square Point of Sale mobile app, they can quickly and easily take their first payment, typically within minutes. Once on this system, sellers gain access to features such as next-day settlements, digital receipts, payment dispute management, data security, and Payment Card Industry ( PCI ) compliance. The firm offers additional point-of-sale services, financial services, and marketing services. The company was founded by Jack Dorsey and Jim McKelvey in February 2009 and is headquartered in San Francisco, CA.

    https://www.tradingview.com/chart/SQ/vrPTWltR-SQ-Paypal-a-sign-of-things-to-come-in-Square/

    submitted by /u/TopMarketGainers_com
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    New All-Time Highs By Year End - But, It May Not Be What You Expect

    Posted: 24 Oct 2019 09:19 AM PDT

    This market has been difficult for both the longs and the shorts for months now. While it has been unwilling to break down, it has also been equally unwilling to break out.

    What makes me scratch my head even more of late is that the Fed has come to the table with its "not-really-QE-4" of $60 billion a month. For those that remember, QE1 was approximately $100 billion a month on average, QE2 was $75 billion, and QE3 was $85 billion. But, to see the Fed coming forth with this type of liquidity injection when the market is hovering just below its all-time highs is a bit surprising. Yet, the market is still unable to break out.

    I know many of you assume that the Fed is able to control our market. But, I have written articles in the past outlining the facts of history which show this is not really the case. The problem is that the fallacy has become so widely propagated that many now believe this to be truth. Unfortunately, I think it will set many up for a much bigger fall, but that will not likely be seen until the mid to late 2020s. At that time, the market as a whole will likely recognize that the emperor is not really wearing any clothes.

    For now, we are left to deal with a very complex and difficult market environment. In fact, over the last several months, we have seen setups to the downside which have invalidated, as well as setups to the upside which have invalidated. Yet, my near-term expectations remain the same.

    While I have no immediate downside setup in place as I write this article, I do have a topping structure being traced out. Moreover, I am still of the belief that the market is setting up to take us back down to at least the 2820SPX region. But, the potential remains for it to be deeper than that and can take us down into the 2650-2700SPX region (and it can happen much faster than many expect). Much will depend upon the downside structure as we drop.

    Moreover, I have outlined to the members of ElliottWaveTrader in a very detailed update this past week how I view that as a buying opportunity. You see, when both the larger degree bearish and bullish patterns expect this drop to kick off a rally, that often presents us with a high probability buying opportunity. In fact, I think this can lead us to a new all-time high, and I even share with my members what I think will outperform on that rally.

    However, I want to warn you that I also think that rally can set up that larger degree "crash-like" drop, the potential for which the market has been telegraphing for quite some time, yet has amazingly avoided until now. And, much will depend upon the structure of that rally which I expect can take us into the year end of 2019, and potentially into the early part of 2020. I have noted many times how this market seems to be playing out fractally as it did in 2015-2016, and I think this may repeat again.

    At the end of the day, Ralph Nelson Elliott outlined to us 80 years ago how corrective market action frustrates investors and traders alike on both sides of the trade, as much of the action is variable in nature. This is why we have seen as much whipsaw action as we have. But, understanding the market context allows you to place the market into appropriate perspective. And, when you understand the market's greater perspective, you can adjust your positioning accordingly, as I have advised my members.

    Ultimately, I am still of the belief that the long-term structures are pointing us to the 3800-4100SPX region before this bull market off the 2009 lows completes. And, I also think it can last a Fibonacci 13 years from the 2009 lows. However, I also think we can see a much bigger drop in 2020 than most believe at this time, which will set up the next and final multi-year rally before a real bear market returns. Moreover, with the Fed now coming to the table with another $60 billion in liquidity every month, I am quite sure any expectation for bigger downside in 2020 is likely off most people's radar screen. I mean, you can't fight the Fed... right?

    SPX chart here.

    submitted by /u/avigilburt
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