• Breaking News

    Monday, December 30, 2019

    Stock Market - The average family can't afford to buy a home in 71% of the country

    Stock Market - The average family can't afford to buy a home in 71% of the country


    The average family can't afford to buy a home in 71% of the country

    Posted: 29 Dec 2019 08:43 PM PST

    https://www.cbsnews.com/news/2020-real-estate-forecast-still-too-expensive-for-most-people-to-buy-or-rent-a-home/

    As a decade-long economic boom pushes into 2020, affording a home isn't expected to become much easier for the average American, according to recent reports.

    Average wage earners can't afford to buy a home in 344 of 486 counties, or 71% of the U.S., according to a fourth-quarter analysis from real estate research firm Attom Data Solutions. That's just a slight improvement from from 73% in the third quarter and 75% a year earlier, the Attom report found.

    One reason for the glacial pace of improvement? A booming real estate market amid lower mortgage rates.

    submitted by /u/coolcomfort123
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    What's happening this week? Headlines on Tesla, Amazon, Mastercard and Visa

    Posted: 30 Dec 2019 10:36 AM PST

    🚘 Tesla delivers first car made at the Shanghai Gigafactory

    Just one year after the construction of the Gigafactory 3 began in Shanghai, Tesla delivered the first car made at the factory. The first 15 customers who received their Model 3 were Tesla employees.

    Tesla financial scores: * Profitability: 1/10 * Operating Efficiency: 1.2/10 * Liquidity: 2.4/10 * Solvency: 1.9/10

    🎄 Amazon reported a record-breaking holiday season

    Amazon announced that this holiday season was record-breaking thanks to its customers all around the world — billions of items were ordered worldwide and tens of millions of Amazon Devices were purchased worldwide. This holiday season was also record-breaking for Prime subscriptions, more people tried Prime than any previous year — in fact, in one week alone, more than 5 million new customers started Prime free trials or began paid memberships worldwide.

    Amazon financial scores: * Profitability: 5.1/10 * Operating Efficiency: 2.5/10 * Liquidity: 3.7/10 * Solvency: 5.6/10

    💳 Mastercard acquired RiskRecon, a leading provider of AI and data analytics solutions

    Mastercard announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure. With RiskRecon's pioneering scanning and evaluation technologies, organizations can proactively manage cyber risks, better safeguarding critical intellectual property and consumer and payment data. In addition to supporting Mastercard solutions, RiskRecon will continue to provide cyber security solutions across a broader set of industries, including healthcare and manufacturing.

    Mastercard financial scores: * Profitability: 9.8/10 * Operating Efficiency: 9.8/10 * Liquidity: 6.6/10 * Solvency: 6.3/10

    🇨🇦 Visa and TD expand offering to help Canadians move money easily

    Visa and TD Bank announced a new capability to help Canadians move their money between their Canadian and U.S. accounts. Powered by Visa Direct, the new service allows TD's Canadian customers to transfer their funds to Canada from their U.S. accounts at TD Bank with speed, convenience and transparency. The collaboration reinforces Visa's commitment to modernize how payments are made around the world and TD's focus on meeting evolving customer preferences.

    Visa financial scores: * Profitability: 9.8/10 * Operating Efficiency: 9.8/10 * Liquidity: 7.6/10 * Solvency: 3.7/10

    submitted by /u/mytwm
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    The case for British Banks

    Posted: 30 Dec 2019 10:02 AM PST

    Some of my hottest picks of the year have been $RBS and $BCS

    RBS and Barclays have performed well and I bought them at the height of the Brexit drama prior to the election, when Boris lost the no conf vote. Both have performed very well since.

    My personal view is US banking sector is overvalued like the Hulk and the prices don't justify the underlying balance sheets. British Banks are an attractive investment.

    submitted by /u/beyondmeatdick
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    a friend bought a subscription to bonner and partners???

    Posted: 30 Dec 2019 06:31 PM PST

    my friend just bought a $2000 subscription to some investing website called Bonner and partners, hes been telling me to invest in some stock but not really sure what i'm doing. Has any one had experience with these guys? should i tell my buddy hes an idiot and run for the hills? im assuming these subscriptions are all bs but just want some backup

    submitted by /u/Drewboooo
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    How important is current ratio (mrq) to you?

    Posted: 30 Dec 2019 08:51 AM PST

    It's a very important metric I use, even though it is not bullet proof. Since I play in a lot of biotech and pharma sectors which are in development stages of ph1, ph2, NDA etc., this metric has been useful to me to detect if the company has a cash crunch to meet short term debt and they will drop a surprise secondary offering, warrants, gypsy swaps and all kinds of effery to screw retail.

    If they are below 1, I have definitely told myself that offering is on the way soon and 3 out of 5 times it always happened.

    What other metrics do you use? I often find P/E ratio useless in pharma and biotech because many don't have revenue yet because of the development stages.

    For starters: current ratio most recent quarter is a simple division of short terms assets by short term liabilities. If ratio is higher, it means the company have $$$ to meet its obligations and "WILL NOT NEED TO DILUTE" via offerings or lowering warrant prices.

    submitted by /u/beyondmeatdick
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    Best Canadian Platform for Pre-Market Trading?

    Posted: 30 Dec 2019 04:43 AM PST

    I use Questrade, but their pre-market hours don't start until 7:30 am, and I am sick of doing the research and making good picks only to watch the potential gains get eaten up before I am able to buy! Does any Canadian trader use a good pre/post market platform that allows us to trade on the NASDAQ and NYSE similar to Americans?

    submitted by /u/j18cheesman
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    Too Late To Invest In Apple?

    Posted: 29 Dec 2019 09:25 PM PST

    So I just recently started investing and I have 5 shares of Apple and was wondering if it would be dumb to purchase a lot more shares? I'm tempted to do so soon because all signs indicate that 2020 will be a huge year for Apple in terms of their completely brand new iPhone and 5G technology. What do you all think?

    submitted by /u/Marnsy16
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    Loading $STSN today - More filings out, merger and name change. Float only 1.1m, so will run fast when goes.

    Posted: 30 Dec 2019 06:26 AM PST

    This is nuts - It only has a 1.5 million float. Could be a couple dollars with a few trades. Went Pink current. Seems like a big company, if you look at the 12+ filings they submitted in the last 3 weeks.

    On watch for Merger PR.

    Think I am gonna wait till their first press release.

    CEO releases first VIDEO: https://twitter.com/StemsationI/status/1207658823474745344?s=20

    submitted by /u/Hellcat_v8
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    Dec. 30, 2019, East Asia business news

    Posted: 29 Dec 2019 09:43 PM PST

    (Japan) Japan Display Inc. Is mulling the sale of its main smartphone screen factory to Apple Inc. and Sharp Corp. for approximately between $730 million and $820 million.

    (source: JapanToday)

    *Korea

    Fried chicken chains racked up $146,000 on average throughout 2018, the lowest among 12 types of franchises.

    The South Korean government is projected to pump $65.6 million into its artificial intelligence hub program in 2020, more than doubled from $26.8 million spent in 2019.

    Hyundai Motor Co. and Kia Motors Corp.'s SUV sales in Europe are expected to exceed 500,000 units in 2019, hitting a record high.

    (source: The Korea Herald)

    *China

    The number of foreign-funded projects with a minimum investment of $100 million in China has reached 722 in 2019, increased 15.5% year-over-year.

    The number of business incubators in Beijing has hit over 500.

    (source: Xinhua News Agency)

    @dylanyang0930

    theasians.org

    submitted by /u/dylanyang0930
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    Need Advice on a Stock Picking Essay

    Posted: 29 Dec 2019 09:11 PM PST

    Have to answer an essay where I'm picking between two stocks and I have no idea where to start? Any guidelines for what I should research?

    submitted by /u/OneHappyAccident
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