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    Home Unlabelled Stock Market - Wall Street Week Ahead for the trading week beginning October 7th, 2019

    Stock Market - Wall Street Week Ahead for the trading week beginning October 7th, 2019

    October 05, 2019

    Stock Market - Wall Street Week Ahead for the trading week beginning October 7th, 2019

    Wall Street Week Ahead for the trading week beginning October 7th, 2019

    Posted: 05 Oct 2019 09:57 AM PDT

    Good Saturday morning to all of you here on r/StockMarket. 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 October 7th, 2019.

    Dow and S&P 500 will try to snap a 3-week slide as US-China trade talks kick off in the week ahead - (Source)

    Stocks will try to regain their mojo next week as China and the U.S. hold long-awaited trade negotiations in Washington.

    The Dow Jones Industrial Average dropped 0.9% this week while the S&P 500 slid about 0.3%. Overall, the two averages posted their first three-week losing streak since August.

    Wall Street's poor performance for the week comes after a disappointing U.S. manufacturing data report sparked fears of a recession. The report itself pointed to trade as a key source of weakness for the manufacturing sector, making next week's trade talks the key focus for traders.

    "Trade talks are crucial, not just for the U.S., but globally," said Quincy Krosby, chief market strategist at Prudential Financial. "The conclusion from central bankers, CEOs and CFOs is we're slowing down."

    "They are waiting for something constructive," said Krosby.

    The Institute for Supply Management said Tuesday that U.S. manufacturing activity contracted to its lowest level in more than 10 years. This data sparked a two-day sell-off in which the Dow dropped more than 800 points. ISM Chair Timothy Fiore said trade "remains the most significant issue."

    Trade tensions between China and the U.S. have heightened over the past year, with both countries exchanging tariffs on billions of dollars worth of their products. However, the tone around U.S.-China trade improved recently as China increased last month .

    White House economic advisor Larry Kudlow also said Friday that "positive surprises" could come out of next week's negotiations. Chinese and U.S. negotiators are expected to meet next Thursday and Friday.

    But Peter Berezin, chief global strategist at BCA Research, warned signs of progress are crucial for the market moving forward. "Markets have entered a 'show me' phase," he said in a note to clients.

    Investors will also look ahead to the Federal Reserve releasing the minutes from its September meeting on Wednesday. The Fed cut rates last month by 25 basis points for the second time this year, citing "the implications of global developments for the economic outlook" among other factors.

    "It seems to me Powell is laying the blame or the explanation for the weakness directly at the feet of the administration," said Jason Thomas, chief economist at AssetMark. "It's growth outside of the U.S. It's the parts of the U.S. economy that are exposed to trade that are being affected. Other than that, the economy is doing fine."

    Nonetheless, the probability of a third Fed rate cut increased this week amid weaker-than-forecast services and jobs-growth data. Market expectations for an October rate cut rose to around 80% from about 50% in the previous week, according to the CME Group's FedWatch tool.

    On Thursday, ISM said the U.S. services sector grew at its slowest pace since August 2016. Meanwhile, data released Friday by the Labor Department showed slower-than-expected jobs growth in the U.S.

    Counterintuitively, the stock market got a boost after both data sets were released. The major averages posted solid gains on Thursday and rallied more than 1% on Friday with the Dow jumping more than 350 points.

    "With job growth decent but slowing, a contraction in manufacturing, the ongoing trade war, and low inflation, the Federal Reserve will cut the fed funds rate" later in October, said Gus Faucher, chief economist at PNC, in a note.

    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!)

    Next Week's Economic Indicators - 10/4/19

    All-in-all, it was a pretty mixed week for economic data, specifically manufacturing and labor data. While Markit's gauge on manufacturing was slightly stronger than both expectations and the August print, ISM's version disappointed with little in the way of bright spots among its components. Hard data, on the other hand, is showing a bit of a different picture as Durable Goods appear healthy with the fastest 3m/3m growth rate since last November as we discussed in Thursday's Closer. The Markit Services PMI and ISM's Non-Manufacturing Index were also split with Markit's reading holding steady as ISM disappointed once again. Employment data was the other major focus of the week with similar disappointments, but some silver linings. Ahead of Friday's Nonfarm Payrolls Report, ISM's Employment components for both the Manufacturing and Services sectors further weakened in September while this week's initial jobless claims rose slightly more than expected (although continuing claims fell again). ADP's reading on employment also fell more than expected. The NFP report followed suit showing fewer jobs added in September, but new lows in the unemployment rate and underemployment rate added to the case of continued labor market strength.

    (CLICK HERE FOR THE CHART!)

    Economic data takes a bit of a breather next week with only two-thirds as many releases this week. Consumer credit is first up on the docket and is expected to moderate to $15 billion after a very strong print last time around. On Tuesday, we will get confidence numbers out of the small business world. NFIB's Small Business Optimism is forecasted to fall to 102.5 from 103.1 in August. PPI is also out that morning, although no change is expected for both the headline and core numbers. CPI data is due to be released later in the week on Thursday and likewise, no change is expected. Further in inflation data, on Friday, import and export price indices are also scheduled to be released. In labor data, the Job Openings and Labor Turnover Survey (JOLTS) will come out on Wednesday followed by weekly claims numbers the following day. After rising to 219K this week, claims are expected to improve to 217K. Finally, Friday's preliminary University of Michigan Sentiment for October will round out the week. It is expected to fall to 92.0 after last month's rebound up to 93.2.

    (CLICK HERE FOR THE CHART!)

    Labor Market Chugs Along

    The U.S. labor market keeps chugging along, despite signs of weakness in other pockets of the U.S. economy.

    Nonfarm payrolls rose 136,000 in September, and July and August payrolls growth were revised up by 45,000. The 12-month average payrolls change climbed to 179,000 including Friday's data, still slightly higher than the expansion average.

    Overall, the September jobs report showed hiring has been steady, defying recent worries of economic weakness after surprisingly weak manufacturing and services surveys were released earlier this week. Other labor-market measures also look healthy. The unemployment rate fell to 3.5% in September, a new cycle low, and initial jobless claims are still subdued.

    Wage growth slowed notably last month, though, hinting that inflationary pressures could be moderating. As shown in the LPL Chart of the Day, average hourly earnings growth fell to 2.9% year over year, the slowest pace since July 2018.

    (CLICK HERE FOR THE CHART!)

    Slowing average hourly earnings growth could point to a cooling job market. However, average hourly earnings growth for production and nonsupervisory workers increased 3.5% year over year, indicating there could be temporary influences weighing down the overall wage measure. At any rate, 2.9% wage growth is still enough to buoy personal incomes and consumer spending while keeping interest rates at bay.

    "Even though hiring has slowed slightly this year, it still looks healthy for the 10th year of this economic expansion," said LPL Financial Chief Investment Strategist John Lynch. "Wages are growing near a 3% clip, and we still see evidence that domestic inflation is subdued enough to support an accommodative Federal Reserve."

    October Most Volatile Month of the Year

    Historically speaking, the CBOE Volatility Index (VIX) tends to reach its seasonal high in the month of October. This may be due to the fact that the two worst performing months of the year, August and September (by average performance) precede it. October also has the honor of slaying twelve, post-WWII bear markets. A bear market's low is frequently accompanied by high levels of fear and market volatility. VIX's seasonal pattern can be seen in the following chart. October's peak and July's low are indicated by blue arrows.

    (CLICK HERE FOR THE CHART!)

    October's volatility peak is also visible when actual daily percent changes are analyzed. October has hosted the most daily moves in excess of 1%, 2%, 3%, 5%, 7% and even 10% since 1930. Do not fret over the nine times S&P 500 has moved more than 10% in a single day. Six of the nine occurrences were way back in the 1930's. Only three have occurred more recently and out of those, two were actually positive days (10/13/2008 +11.58% and 10/28/2008 +10.79%). Actually only two of the nine days with moves in excess of 10% were negative days: 3/18/1935 –10.06% and 10/19/1987 –20.47%.

    (CLICK HERE FOR THE CHART!)

    Putting the table data into a bar chart adds a quick confirmation of October's heightened volatility versus all other months.

    (CLICK HERE FOR THE CHART!)

    Some October Weakness Common in Pre-Election Years

    It certainly did not take long for the market to trigger Octoberphobia this year. Tuesday's soft manufacturing report was at least part of the trigger. DJIA, S&P 500 and NASDAQ have already declined over 2.6% and its just the second trading day of the month. Tomorrow's Non-Manufacturing ISM report and Friday's jobs report could sooth some of the current recession fears and warrant close attention. However, market weakness in October, even in pre-election years is common. Our recent post showed October ranking second worst of all month in pre-election years.

    October's tepid history in pre-election years can also be seen in the following seasonal pattern charts. The only real notably difference between this year and past pre-election years is weakness has arrived earlier. Looking at the black line in each chart, the average pre-election year October pullback has been around 3% for DJIA, S&P 500 and NASDAQ. A larger pullback this year would not be out of the question considering trade, growth and political uncertainty. If economic data proves resilient, then the usual end of year rally enjoyed in past pre-election years will likely materialize.

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

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending October 4th, 2019

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 10.6.19

    ([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-

    • $DPZ
    • $DAL
    • $AZZ
    • $LEVI
    • $HELE
    • $FAST
    • $INFY
    • $SAR
    • $EXFO
    (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 10.7.19 Before Market Open:

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

    NONE.

    Monday 10.7.19 After Market Close:

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

    NONE.

    Tuesday 10.8.19 Before Market Open:

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

    Tuesday 10.8.19 After Market Close:

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

    Wednesday 10.9.19 Before Market Open:

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

    NONE.

    Wednesday 10.9.19 After Market Close:

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

    Thursday 10.10.19 Before Market Open:

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

    Thursday 10.10.19 After Market Close:

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

    NONE.

    Friday 10.11.19 Before Market Open:

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

    Friday 10.11.19 After Market Close:

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

    NONE.

    Domino's Pizza, Inc. $242.13

    Domino's Pizza, Inc. (DPZ) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $2.05 per share on revenue of $819.40 million and the Earnings Whisper ® number is $2.12 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.13% with revenue increasing by 4.25%. Short interest has increased by 63.4% since the company's last earnings release while the stock has drifted lower by 4.8% from its open following the earnings release to be 6.2% below its 200 day moving average of $258.01. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, October 1, 2019 there was some notable buying of 1,598 contracts of the $240.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 6.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Delta Air Lines, Inc. $53.81

    Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, October 10, 2019. The consensus earnings estimate is $2.27 per share on revenue of $12.59 billion and the Earnings Whisper ® number is $2.30 per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat The company's guidance was for earnings of $2.10 to $2.40 per share. Consensus estimates are for year-over-year earnings growth of 26.11% with revenue increasing by 5.33%. Short interest has increased by 63.6% since the company's last earnings release while the stock has drifted lower by 10.7% from its open following the earnings release to be 1.4% below its 200 day moving average of $54.59. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 25, 2019 there was some notable buying of 5,260 contracts of the $67.50 call expiring on Friday, January 17, 2020. Option traders are pricing in a 4.3% move on earnings and the stock has averaged a 1.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    AZZ Inc. $42.80

    AZZ Inc. (AZZ) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $0.53 per share on revenue of $233.50 million. 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 23.26% with revenue increasing by 4.81%. Short interest has decreased by 9.3% since the company's last earnings release while the stock has drifted lower by 11.9% from its open following the earnings release to be 2.6% below its 200 day moving average of $43.96. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 9.6% move on earnings and the stock has averaged a 7.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Levi Strauss & Co. $19.29

    Levi Strauss & Co. (LEVI) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $0.27 per share on revenue of $1.43 billion and the Earnings Whisper ® number is $0.29 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat. Short interest has increased by 53.0% since the company's last earnings release while the stock has drifted lower by 11.4% from its open following the earnings release. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 8.0% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Helen of Troy Ltd. $160.00

    Helen of Troy Ltd. (HELE) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $1.76 per share on revenue of $383.90 million. 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 3.30% with revenue decreasing by 2.45%. Short interest has decreased by 6.1% since the company's last earnings release while the stock has drifted higher by 10.4% from its open following the earnings release to be 21.1% above its 200 day moving average of $132.11. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.4% move on earnings and the stock has averaged a 10.5% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Fastenal Co. $31.78

    Fastenal Co. (FAST) is confirmed to report earnings at approximately 6:50 AM ET on Friday, October 11, 2019. The consensus earnings estimate is $0.36 per share on revenue of $1.37 billion and the Earnings Whisper ® number is $0.35 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 47.83% with revenue increasing by 7.05%. Short interest has decreased by 8.6% since the company's last earnings release while the stock has drifted higher by 6.4% from its open following the earnings release to be 1.4% above its 200 day moving average of $31.34. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 18, 2019 there was some notable buying of 2,599 contracts of the $31.20 call expiring on Friday, November 15, 2019. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 6.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Infosys Technologies Ltd. $11.22

    Infosys Technologies Ltd. (INFY) is confirmed to report earnings at approximately 8:30 AM ET on Friday, October 11, 2019. The consensus earnings estimate is $0.14 per share on revenue of $3.20 billion and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.69% with revenue increasing by 9.55%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted lower by 1.1% from its open following the earnings release to be 2.0% above its 200 day moving average of $11.00. Overall earnings estimates have been unchanged since the company's last earnings release. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Saratoga Investment Corp $24.11

    Saratoga Investment Corp (SAR) is confirmed to report earnings at approximately 4:25 PM ET on Wednesday, October 9, 2019. The consensus earnings estimate is $0.60 per share on revenue of $12.38 million and the Earnings Whisper ® number is $0.62 per share. Investor sentiment going into the company's earnings release has 88% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 13.04% with revenue increasing by 8.57%. Short interest has increased by 109.6% since the company's last earnings release while the stock has drifted higher by 0.8% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release.

    (CLICK HERE FOR THE CHART!)

    EXFO Inc. $3.70

    EXFO Inc. (EXFO) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, October 9, 2019. The consensus earnings estimate is $0.05 per share on revenue of $69.05 million. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat The company's guidance was for earnings of $0.02 to $0.06 per share on revenue of $66.00 million to $71.00 million. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue decreasing by 0.24%. Short interest has decreased by 41.5% since the company's last earnings release while the stock has drifted higher by 3.0% from its open following the earnings release. Overall earnings estimates have been revised lower since the company's last earnings release.

    (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/StockMarket.

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

    Even High-Income Millennials Fear They'll Need to Work Forever

    Posted: 05 Oct 2019 12:20 PM PDT

    https://www.bloomberg.com/news/articles/2019-10-05/even-high-income-millennials-fear-they-ll-need-to-work-forever

    Half of high-income millennials ages 30 to 34 fear they'll have to work forever because they won't be able to save enough to retire.

    That's one take-away from a recent study that focused on high-income millennials, those with a minimum annual income of $100,000 for single people or $150,000 for married or partnered millennials.

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

    Any site that gives 10 year company historical financials data and lets you export it for free?

    Posted: 05 Oct 2019 09:49 AM PDT

    I'm tired of bullshit articles

    Posted: 04 Oct 2019 08:13 PM PDT

    It seems that every economic news website will post articles about "staying away" from falling stocks citing a "shift away from growth stocks", but then as they go up again post articles about how, nevermind, Wall Street loves growth stocks, it's a great buy. Like there's no actual content.

    Or have 3 headlines about the IMPENDING DOOM from the job report Friday and how a recession is BOUND to happen, and then post an article Friday how we have the lowest employment ever and that's why the stocks rallied today.

    What news sites have ACTUAL content, analysis, informed predictions about our market? It seems even bigger sites like WSJ and Bloomberg are becoming just garbage clickbait content.

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

    Tariffs have had a small impact on the labor market.

    Posted: 05 Oct 2019 11:18 AM PDT

    Despite the negative employment readings in the PMI reports, in the week of September 28th, jobless claims were only 219,000. As the table below shows, in September job cut announcements fell to 41,557 from 53,480, making this the 2nd lowest number of job cuts in 2019. Year to date job cuts (highest since 2015) were up 27.9% mainly because cuts were high in the first three months of the year.

    Job Cuts September

    Tariffs have caused 2,458 job cuts in 2019 which is just 0.5% of the total. Retail saw a decline in cuts from 85,385 to 65,358, but cuts might increase in October because of Forever 21's bankruptcy. Industries impacted by the global slowdown such as industrial goods, automotive, and technology have seen huge increases in job cuts from last year. The highest ever year for job cuts (since 1989) was 1.957 million in 2001.

    The Market Begins Pricing In More Rate Cuts

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

    Wall Street would rather have Pence than Trump, supports the impeachment and removal of Trump

    Posted: 05 Oct 2019 04:49 PM PDT

    Republican Senators would rather have Pence too, may vote to remove Trump

    submitted by /u/Dems4Prez
    [link] [comments]

    Stock Havens Cost More Than Ever, Right When Investors Need Them

    Posted: 05 Oct 2019 08:16 PM PDT

    https://www.bloomberg.com/news/articles/2019-10-05/stock-havens-cost-more-than-ever-right-when-investors-need-them

    As the S&P 500 Index began October with its third week of losses, utilities ETFs took in $726 million, the most of any industry, data compiled by Bloomberg through Oct. 3 show. Investors had already piled into defensive funds in the three months ended September, with ETFs of real-estate and consumer-staples companies adding more than any other equity sectors, while those focused on avoiding volatile stocks saw record inflows.

    Such unrelenting headaches have sent valuation multiples to records for some safe havens. Take utilities stocks, which ended September trading near 22 times earnings, an all-time high. Real-estate companies are now at their priciest levels in at least three years, and valuations for consumer-staples stocks are scaling altitudes not seen since so-called volmageddon in February 2018.

    Real-estate and utilities stocks -- industries that are more immune to economic downturns -- are up more than 22% over the past 12 months, while the S&P 500 has risen less than 2%.

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

    What stocks are you looking over this weekend?

    Posted: 05 Oct 2019 05:26 AM PDT

    What are public offering of stocks?

    Posted: 05 Oct 2019 05:14 PM PDT

    A company that I own is publicly offering their stocks [TERP]. Their stock value dropped slightly and I have no idea what this concept of "public offering" means. Anyone care to elaborate?

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

    Some more interesting stories in the stock market this week

    Posted: 05 Oct 2019 05:49 AM PDT

    Insider Buying

    On Monday, Scientific Games Corp chairman Ronald Perelman bought a further 50,000 shares of the slot machine and gaming products firm at $20.42. It was his fourth recent purchase and follows the announcement, on September 25th, that the company had won the tender to supply lottery terminals to SISAL in Italy. The company said that it would represent one of the largest lottery terminal point-of-sale networks in the world.

    Scientific Games also recently reported that it had expanded its sports betting partnership with Caesars Entertainment (adding the fast growing Indiana market) and that it had won a 10-year contract to supply the Turkish national lottery Milli Piyango.

    ​

    Value Stocks

    Bed Bath and Beyond had a mixed week with earnings on Wednesday reporting comps down 6.7% (although earnings did beat at 34 cents versus 27 cents expected). However, a number of commentators were making positive observations. Generally they were along the line that shop closures and sales promotions should have a reduced effect going forward, boosting margins as planned, and that the stock looked cheap compared to cash flow and a strong balance sheet.

    In particular, an analyst at Wedbush upgraded the home goods retailer to outperform from neutral on Monday and raised the stock price target to $16 from $14 (current price $10.09) saying that the value of hidden and non core assets (that activist shareholders are pushing to be sold) are worth almost the same as the market cap plus net debt of the company.

    If they are correct then the company could pay off all the debt and return $9.40 to shareholders who would still own the core retail business.

    To be exact the Wedbush analyst said, "our work indicates that the value of the company's real estate and non-core assets are worth $1.7 billion, nearly equivalent to the company's $1.8 billion enterprise value, meaning you almost get the company's core Bed Bath business for free."

    ​

    Cybersecurity

    FireEye has jumped almost 10% since rumours started circulating on Wednesday that it had hired Goldman Sachs to advise on a potential sale. The company returned to profitability in Q4 2017 but since then has been hit by increasing competition and expenses. The stock is down around 80% from its peak of $95.63, reached in March 2014, but on nearly 3x next year revenues and 10x next year earnings it looks expensive.

    ​

    Growth Stocks

    Spotify Technology SA was upgraded this week by analysts at both Evercore ISI and Credit Suisse although neither are yet recommending a buy. The change of heart seems to be the falling valuation. The stock is down over 35% from all time highs and has a capitalization of $20.8 billion which is about 3.5x trailing revenues. Quite reasonable for a stock that is expected to grow annually by almost 30%.

    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. Please note that a number of the above stocks are speculative high risk companies.

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

    r/StockMarket October 2019 Contest as of week ending 10/4/19

    Posted: 05 Oct 2019 06:05 AM PDT

    Are the course on stock market trading for kids? Any recommendations?

    Posted: 05 Oct 2019 11:24 AM PDT

    Any strong buys out there?

    Posted: 05 Oct 2019 06:30 AM PDT

    Report out on $FTXP - Note is done converting. 52 week range is $0.01 to $0.68 (Its at $0.01) and note is done.

    Posted: 05 Oct 2019 09:10 AM PDT

    Was wondering why it was getting so much action late friday towards the close. Main market maker for the first time since the note started vanished. Makes sense now. Check this out.

    http://otcresearcher.com/2019/09/the-closest-thing-to-a-sure-thing-with-investing-in-pot-stocks/

    Take together, this shows a total of 12.5 million of shares traded since the maturity of the note. This translates into $187,000. With a 15% buy indifference, we can see roughly $150,000. The note is $115,000 (the "Note"), before giving effect to certain transactional costs including legal fees. Even with the raise in A/S (not effective), the O/S has stayed the same. The float is likely to stay the same as well. Most interesting is the reason for the note in the first place, and such a small one that appears to be already paid off.
    Look at this graphically, we can see a downward deg ratio from $0.10, which means a return to $0.10 would be expected, without the note.

    submitted by /u/Shelby_Picks
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    When do you think the recession will hit?

    Posted: 05 Oct 2019 06:50 AM PDT

    Watching the news and reading online I've seen tons of different opinions on if and when we hit a recession. So just out of curiosity, when do you personally think it will happen? Also what did you hear or read that makes you believe that?

    submitted by /u/Ackapella
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    Where do you guys get your stock market news?

    Posted: 04 Oct 2019 09:35 PM PDT

    Where can I see up to date US earnings data apart from Bloomberg?

    Posted: 05 Oct 2019 04:49 AM PDT

    Is there any website that shows any realiable and most importantly current earnings data? The websites I found have March2019 as their most current data in earnings charts (and its October now). Cheers

    submitted by /u/AleccioIsland
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    As a retail investor and coming to the end of 2019, is a projected 6% return over one year good enough? What's yours?

    Posted: 04 Oct 2019 11:09 PM PDT

    You are traditionally long and never short. You see a potential market sell off and you could gain via shorting 20%+ for next two sessions. Do you short or wait?

    Posted: 04 Oct 2019 09:27 PM PDT

    Looking at a good week (7 Oct 2019) for gains post sell off.

    Posted: 04 Oct 2019 09:22 PM PDT
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