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    Monday, December 2, 2019

    Stocks - r/Stocks Daily Discussion Monday - Dec 02, 2019

    Stocks - r/Stocks Daily Discussion Monday - Dec 02, 2019


    r/Stocks Daily Discussion Monday - Dec 02, 2019

    Posted: 02 Dec 2019 12:08 AM PST

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    What prevents China from stealing TSLA IP and production secrets with a factory in their backyard?

    Posted: 02 Dec 2019 02:02 AM PST

    The Chinese are known for ignoring international copyrights on intellectual property and making knockoff products, in same cases nearly identical to the original but sold at cut throat prices. Why would Tesla not be concerned about that so much so that they'd build a factory over there? (sorry for poor wording it's 4:30am)

    Edit: Rather than physical manufacturing of the whole vehicle, I was more thinking about them having access to new battery production techniques (like the Dry process Electrode Fabrication from the Maxwell acquisition), electrical systems, vehicle operation software, AI and related technology.

    submitted by /u/tmek
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    Fitbit stocks

    Posted: 02 Dec 2019 12:35 PM PST

    Fitbit was supposedly purchased by Google at $7.35 per stock, would this be a safe purchase given it current lower price(High $6) or perhaps a waste of time given the unknown timeframe for the payoff?

    L

    submitted by /u/CrimsonFlam3s
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    UBER: We should get to see Kalanick's next batch of insider sales tonight around 8pm EST

    Posted: 02 Dec 2019 10:19 AM PST

    Kalanick has been unloading at blazing speeds since the lock up expired. He has been reporting his sales every 3 business days to conform with insider laws. Tonight we will get to see his report for W and F of last week, along with today.

    I am of the opinion that he is selling more of an 'F U' fashion for being removed from the company he founded, vs a 'he knows something' fashion given the fact that there has been almost no other insider selling since the lockup (very minimal).

    Regardless, he has largely suppressed share price / potential bounce as he has already sold 66 million shares which is an incredible amount for the market to absorb.

    Prior to the holidays he was on track to be completely sold out by December 12th. We will be able to better estimate his final selling date with tonight's #'s.

    Kalanick should finish selling around a similar time to people wrapping up their tax loss selling for the year. This should put Uber in a pretty prime position for a potential very large bounce into the year end and through January.

    submitted by /u/professordurian
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    Any of you had good gains with European stocks?

    Posted: 02 Dec 2019 01:14 PM PST

    I have no evidence but the European stock market seems a bit boring to me. It feels like the most exciting, innovative growth stocks only tend to be found in the US.

    submitted by /u/Stutterer2101
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    12/02/19 MORNING WATCHLIST (Trading)

    Posted: 02 Dec 2019 06:08 AM PST

    GAP UP:

    $ASLN: "ASLAN Pharmaceuticals Reports Positive Preliminary Data From Proof-of-Concept Study for ASLAN004 Targeting Atopic Dermatitis"

    Support: 6.50, 6.00

    Resistance: 7.50, 8.00

    $EVFM: "Evofem Biosciences Reports Positive Top-Line Results from Phase 2b Study of Amphora® for Prevention of Chlamydia and Gonorrhea in Women"

    Support: 7.30, 7.00

    Resistance: 7.75, 8.50, 9.00

    $NBY: "NovaBay Pharmaceuticals Launches NovaWipes Eyelid Wipes on Amazon.com"

    Support: 0.70, 0.67

    Resistance: 0.82, 0.87, 0.93

    $ORMP: "Oramed to Present a Scientific Poster at International Diabetes Federation Congress December 2nd-6th"

    Support: 5.00, 4.40

    Resistance: 5.50, 5.75, 6.50

    Others: $BIMI $XENE

    GAP DOWN:

    $LXRX: "Lexicon Pharmaceuticals Receives Formal Dispute Resolution Request Decision From FDA's Office of New Drugs for Sotagliflozin in Type 1 Diabetes"

    Support: 7.60, 7.00

    Resistance: 8.20, 8.50

    Others: $AQMS $PNRL $ROKU

    PREVIOUS DAY MOVERS:

    $ASLN $CGIX $CANF $SORL

    submitted by /u/mtmtrader
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    Any resource to get past (quarters,years) datapoints of P/FCF ratios of companies in the SPY, without having to do the calculation for every company which makes up the SPY?

    Posted: 02 Dec 2019 01:31 PM PST

    As per the title I am particularly interested in the P/FCF metric for the SPY

    I'd love to be able to go back and see past P/FCF ratios of the index without having to go and find data for every single company which makes up the index and then calculate the total.

    Does anybody know a resource to access such data?

    submitted by /u/AjaxFC1900
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    Best sites for stock price projections and estimates?

    Posted: 02 Dec 2019 12:17 PM PST

    For every stock I invest in, I always check what analysts project the price to be a year from now. I've only been using CNN Money, and I've been happy with it so far. However, I want to find others sites that project stock prices so I can diversify my research. Also, there seems to be a glitch on CNN Money where certain stocks are projected to increase over 600%, which doesn't seem accurate. Take a look at HUYA. Realistically, this stock should be increasing 6-20% within the next year, but on CNN Money it says it will increase 690-1000%. I HOPE that's true, but I highly doubt it is. Anyway, let me hear your guys' best sites for stock projections and estimates.

    submitted by /u/focusrunner79
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    Transferring stock from direct ownership to brokerage

    Posted: 02 Dec 2019 07:50 AM PST

    Hey all,

    My father owns stock given to him by my grandfather a long time ago outside of a brokerage. He gets statements directly from Verizon/AT&T with his shares/dividends and an account number on it. We would like to transfer his directly owned stocks into a schwab brokerage account. What is the best way to go about doing this? Should I be calling my brokerage, the companies, or both?

    submitted by /u/Rageoftheage
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    Morgan Stanley Downgrades Roku

    Posted: 02 Dec 2019 03:51 AM PST

    Morgan Stanley downgrades $ROKU from Equal-Weight to Underweight and announces $110 price target.

    So far down 5.53% pre-market.

    Thoughts on it possibly tanking up?

    submitted by /u/Lewzu
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    What’s happening to Roku?

    Posted: 02 Dec 2019 06:27 AM PST

    $13.00 down on pre-market? Does anyone know as to why that's happening? Is there something maybe I missed about them news wise?

    submitted by /u/DelaRosaX
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    Concern on a proposed US wealth tax.

    Posted: 02 Dec 2019 01:47 PM PST

    I'm generally all for proposals to make billionaires pay a great deal higher taxes. I'm socially far left and fiscally more centre left. Wealth inequality in the United States is absolutely appalling. I don't want anyone to live in a country where people gain hundreds of millions in cash every year whilst median income households and generally common folk have to face the highest dues in student debt in the world and with a lot of these folk not being able to pay for or have the general right to basic health care either.

    I do think that taxing higher income folk via raising the top federal capital gains/dividends (how the vast majority of billionaires and entrepreneurs get cash) tax rates to much, much higher than it is today is great first step into moving towards a sustainable direction into funding fundamental health care and aiding a great deal to students. And I'm very open to many other solutions to make these extremely extravagant folk pay their fair share and to fund many other proposed beneficial programs for the lower and middle class.

    But something does concern me about the wealth taxes proposed by senators like Bernie and Elizabeth who both I admire. The wealth tax taxes an entrepreneur or a billionaire based on the individual's net worth. It sounds absolutely brilliant on paper until I thought about it a little more vividly. So the tech industry is the king industry in America right? And an overwhelming majority of tech companies generally don't distribute dividends (in other words profit) to their shareholders. So the pioneers and founders of these companies result into very slowly and incrementally selling some of their shares in their companies or sell some worth a small percentage once in a while, so that they don't or never lose ownership in the companies they founded.

    But from my understanding of the wealth tax, this would mean tech entrepreneurs or successful entrepreneurs in general who have companies who don't distribute dividends, or whose dividends collectively don't add up to enough to pay those annually due taxes, will have no choice but to eventually at one point sell the entirety of the ownership they have in the successful company they founded. And that does concern me because I think a lot of people like me dream to start a very successful business in the future, and I'd hate having to know that if I ever did all the right things to make my company grow or put my heart and soul into it so it could really thrive. That it ever got really big I'd inevitably lose my ownership in it in about anywhere from 5, to 10, to 15 years. And not to mention the effects of over saturation and massive inflation of many of America's staple companies on the public markets or the general massive exit of capital investment in the country, and all the economically catastrophic effects it would entail.

    Okay, I really hate to sound like I'm pandering to the snobby Bezos's and Zucks of the world. I really do despise a lot of really rich folk because of a lot of the things they generally can get away with. But it's not those individuals my concern is with. My concern lies with people whose ambitions will ultimately be capped by something like this. Or the ceiling it would ultimately put over anyone whose continually ambitious dreams have anything to do with business, entrepreneurship or capitalism in general.

    ————

    Idk guys those are just my thoughts. I really commend anyone whose willing to read into this subject whether it's in regards to fiscal politics or how corporate business works in general. And I'd love to hear your feedback on this subject!

    submitted by /u/youngmoreno
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    Semiconductor Industry Puts?

    Posted: 02 Dec 2019 07:42 AM PST

    Hello - I've been coming across bearish news on semiconductor stocks and thought of buying puts on those ETFs. Thoughts anyone?

    submitted by /u/MotleyCrooi
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    $KOD and $CYCC Dec 2019 bullish run coming soon - Stock God

    Posted: 02 Dec 2019 01:39 PM PST

    $KOD jump today! good chasing it made it to a few profit.
    $CYCC is the next run waiting on a few PR this week and this month.. lts make it happen
    https://www.quora.com/Why-some-people-believe-the-Stock-market-is-run-by-a-God

    submitted by /u/khmerxbxboi
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    What are your guys' intrinsic values for some companies (I'm looking at apple, tesla, microsoft, insight enterprises, and HCA health care)

    Posted: 02 Dec 2019 04:18 AM PST

    Share Prices:

    Apple: $391.64

    Microsoft: $79.41

    Tesla: very high (will have to wait and see)

    Insight: $210.71

    HCA health care: $336.15

    All in USD.

    If you want to the DCF calculations and figures, don't hesitate to ask.

    submitted by /u/KingSingy
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    Gold Price Declines Monday Due to Bullish Factory Reports Out of China

    Posted: 02 Dec 2019 12:47 PM PST

    Gold prices declined Monday with investors turning to other asset classes after reports of an expanding Chinese factory sector and a rising dollar reduced demand.

    Spot gold fell 0.3% at $1,459.94 per ounce at 0645 GMT. Prices had earlier reached highs dating back to Nov. 22. U.S. gold futures declined 0/5% to $1,466.

    An expansion in factory activity during November in China, which ranks as the world's second largest economy and biggest consumer of gold, led investors into equity markets.

    "Positive data from China creates an optimism that the Chinese market is improving, that gives people confidence to invest in riskier assets, and in turn, reduces the safe-haven demand for gold," said Hareesh V, head of commodity research at Geojit Financial Services.

    The rising dollar also placed pressure on gold. In recent months, the United States and China trade dispute had led investors into safe havens such as gold. When the U.S. issued legislation in support of Hong Kong protesters, and China demanded the United States decrease its tariffs, trade talks stalled.

    "Nothing particularly has really changed (on the trade front) from last week, the market remains in the dark about how things will progress. Investor appetite for gold is just waning a little bit on lack of direction," ANZ analyst Daniel Hynes said.

    Gold has increased more than 13% this year mainly due to the trade dispute war driving demand for safe assets.

    "The fundamentals are still quite supportive, this lull is not going to last too much longer. Maybe into year end we will see gold prices recommit the uptrend we saw earlier this year," Hynes said.
    Silver sunk 0.6% to $16.93 per ounce.

    The SPDR Gold Shares exchange-traded fund (Ticker: GLD) generally tracks the price of bullion. It fell 4.1% in the three months preceding Nov. 29.

    to a gain of 7.3% for

    The SPDR S&P 500 (SPY) ETF, tracking the S&P 500 stock index, gained 7.4%, not counting dividends.
    "The specs [speculators] keep increasing longs, not decreasing them," writes Rick Bensignor in his Bensignor Investment Strategies financial newsletter.

    Speculators have six times the amount of bullish bets on gold than bearish bets. "That keeps me bearish [on] gold," he writes.

    source: https://goldsilverbitcoin.com/gold-price-declines-monday-due-to-bullish-factory-reports-out-of-china/

    submitted by /u/LosDodgersDodgers
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    Panic-Selling of TTD

    Posted: 02 Dec 2019 12:21 PM PST

    Selling TTD at $267 is wisely reaping profits. Selling it at $227 after a one-day decline is more like panicking. I would just hold the bag given that its decline is purely based on exogenous factors that directly drive down its profits.

    Anyway, is this becoming a buy or short at its currently 220-ish price?

    submitted by /u/RedditFreeUpOldNames
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    Day trading and Long term

    Posted: 02 Dec 2019 09:43 AM PST

    Is there a type of market you say is for day trading and long term?

    (Not sure if this makes sense, I am new to stocks bare with me lol)

    submitted by /u/Bvlts
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    Shorting $NOW

    Posted: 02 Dec 2019 08:44 AM PST

    What do you guys think about ServiceNow?

    I believe it is super overvalued based on their balance sheet, and I was thinking to short it

    submitted by /u/Biferex
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    20%+ yield: Alliance Resource Partners(ARLP)

    Posted: 02 Dec 2019 08:37 AM PST

    What do you all think, I've been following MLPs for awhile and this one has been crushed to a 5 yr low, but their earnings/profit hasnt been that bad or changed much. What do you all think? Are there any huge red flags?

    submitted by /u/willyvandiver
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    went full retard on $GME... help?...

    Posted: 02 Dec 2019 07:04 AM PST

    so I shorted gamestop stock @6$ and the fucker keeps going up and up

    what should I do keep or sell for a loss or wait for the earnings?

    I have to feed my turtles so please help

    submitted by /u/Bardia10
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    shoud I close my BYND short positions?

    Posted: 01 Dec 2019 07:28 PM PST

    I got some 2021 puts and some 2020 feb puts and some short stocks. im getting killed. that stock kept pumping last week for little reason, 2%, then 5% then 3% every day. its $83 now.

    I was certain it was going to tank to low $70s or even lower following the lockup expiry. im very surprised how its holding the $80 level. I wonder what next? whats the catalyst for it to go down ? I don't see any. anyone share some light? should I cut my heavy losses and give up for now?

    submitted by /u/vntoknt1
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    Why does Charles Schwab not let me place an order below the ask price?

    Posted: 01 Dec 2019 10:47 PM PST

    The market price for a stock is 1.08, and Charles Schwab says the ask price is 1.15. I am able to place an order for 1.08 on other brokers but I can't on Charles Schwab. Can someone explain this to me?

    submitted by /u/MajorasLabia
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