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    Tuesday, December 31, 2019

    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Dec 31, 2019

    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Dec 31, 2019


    r/Stocks Daily Discussion & Technicals Tuesday - Dec 31, 2019

    Posted: 31 Dec 2019 12:07 AM PST

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post.

    Some helpful day to day links, including news:


    Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions.

    The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.

    TA can be useful on any timeframe, both short and long term.

    Intro to technical analysis by Stockcharts chartschool and their article on candlesticks

    If you have questions, please see the following word cloud and click through for the wiki:

    Indicator - Trade Signals - Lagging Indicator - Leading Indicator - Oversold - Overbought - Divergence - Whipsaw - Resistance - Support - Breakout/Breakdown - Alerts - Trend line - Market Participants - Moving average - RSI - VWAP - MACD - ATR - Bollinger Bands - Ichimoku clouds - Methods - Trend Following - Fading - Channels - Patterns - Pivots

    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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    Weed stocks

    Posted: 31 Dec 2019 08:05 AM PST

    What's up with weed stocks, they are all jumping like crazy today. Think this is finally a positive jump they needed?

    submitted by /u/MickeyMoves
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    Apple Stock Will Repeat as Top FAANG in 2020, Says Bull Who Called 2019

    Posted: 30 Dec 2019 04:42 PM PST

    One year ago, Loup Ventures founder Gene Munster and his colleagues laid out a set of tech predictions for 2019. His top call: "Apple will be the best performing FAANG stock in 2019." He nailed it, and sees five reasons Apple stock will continue rising.

    One year ago, Loup Ventures founder Gene Munster and his colleagues laid out a set of tech predictions for 2019. His top call: "Apple will be the best performing FAANG stock in 2019."

    He nailed it: As we near year-end, Apple stock (ticker: AAPL) has rallied 86% year to date, well ahead of the other FAANGs: Facebook stock (FB) has rallied 59%; Amazon.com stock (AMZN), 24%; Netflix stock (NFLX), 23%; and Alphabet stock (GOOGL) (G as in Google), 30%.

    While he's lately been investing in startups, Munster built his reputation earlier in his career as an equity analyst covering Apple stock, generally bullishly, at Piper Jaffray.

    Munster's call on Apple's big 2019 not only got the stock right—he also correctly called what drove the stock higher: A new focus on services, a better position than rivals on regulatory issues, and investor anticipation of 5G iPhones in 2020 and beyond.

    Yep, Munster nailed it this year, and he's going for it again.

    Last week, Munster and Loup rolled out a set of predictions for 2020. And it starts with this one: "Apple is our pick for top performing FAANG stock in 2020." He thinks fair value for Apple stock is in the $350 to $400 range, which implies a potential gain of more than 30%. On Monday, the stock is down about 1% at $286.79. Munster offers five reasons he thinks the stock will keep rolling in 2020.

    Easy iPhone comparisons: He thinks Apple is likely to meet or exceed analyst expectations in three of the four quarters of 2020 based on easy iPhone comparisons — he notes that iPhone sales were down year-over-year in all four quarters of fiscal 2019. He thinks iPhone will account for 20% of Apple's revenue in fiscal 2020.

    Wearables: Munster says Apple's wearables sales will be larger than those for the Mac in 2020, driven by a new version of the AirPod with better battery life and continued growth for Apple Watch. There's also the launch of a much-anticipated product called Apple Tags, which Munster says will attach to keys, wallets and other things to keep track of their locations. He sees wearables sales up 45% in 2020, driven primarily by AirPods and Apple Watch. "Beyond 2020, Apple Watch has significant room to grow, given that global Apple Watch adoption remains nascent," he writes. "We expect 20%-30% Apple Watch unit growth for the next five years." He thinks that by 2025, Apple Watch sales can reach $48 billion, or about 12% of Apple's overall revenue.

    New iPhone Models: Munster expects five new iPhone models in 2020, versus three new models in each of the last two years. All eyes are on the expected 5G launches in late 2020.

    Investors Await 5G: Munster made this forecast a year ago, and updates it this time. "5G will be the biggest iPhone upgrade cycle since 2015, which benefited from the first full year of the larger-screen iPhone 6," he writes. "Long term, we believe the 5G cycle can deliver two years of 10% iPhone revenue growth, compared to our expectation of iPhone revenue essentially flat in calendar 2020. That said, the iPhone 5G cycle will hit full stride in 2022 and 2023. We expect the product's first full year (2021) to disappoint investors due to lack of 5G coverage from wireless carriers, which will act as a governor on iPhone 5G adoption."

    Multiple Expansion: "We expect AAPL's earnings multiple to increase in 2020," he writes. "Investors will begin to recognize Apple's combination of hardware and services as a high-visibility and sticky business. The prevailing investor view is that shares of AAPL should be undervalued relative to peers based on a belief that the company's risk profile is relatively higher, because 75% of its revenue comes from hardware. Over the past decade, Apple's results have shown that the combination of hardware, software, and services can deliver earnings, the most important measure of financial strength, that exceed other tech companies with higher multiples. Over the next year, we believe investors will gain confidence in applying a more services-like multiple to AAPL given the hardware business (iPhone and wearables) will deliver revenue visibility similar to traditional services businesses."

    Sources: Barron's

    submitted by /u/coolcomfort123
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    WCGW with penny stocks?

    Posted: 31 Dec 2019 09:29 AM PST

    As the title says let's say I have 10 bucks of dead cash to my account that I just use for some sub penny stocks and buy out 1000 stocks at .0001 cents. Is there anything that could negatively impact me other than losing those 10 dollars ?

    submitted by /u/Broskifromdakioski
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    Is there a way to see portfolio overlap between ETFs/mutual funds?

    Posted: 31 Dec 2019 12:25 PM PST

    Just a quick question. Is there a tool/website/app that will compare the portfolio of two etfs, two mutual funds, or even a mix of both to see how much their portfolios overlap with the other? Not just for sectors, but I'm looking to see how much they overlap with individual stocks/companies and at what percentage.

    I am mostly wondering this to see if it's pointless to invest in certain combinations of funds. If two portfolios mostly overlap, I feel like I should just focus on one over both.

    Any insight is appreciated!

    submitted by /u/FrankTheHermit
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    My Story

    Posted: 30 Dec 2019 11:51 PM PST

    My name is Eric, im 19 years old and I was diagnosed with a rare narcoleptic condition called Klein Levin Syndrome. Because of this, my academics failed (2.2 GPA) and I dropped out of high school three times. In my time away from school, I taught myself to trade, amongst other things. I will be graduating this year after a two year long struggle to finish but I took the savings I had, ( roughly 7k ), did quite a bit of research and distributed it into a small portfolio. I bought Apple at 140 ( still own it today ) during its big plummet, Microsoft at 100 right before it took off and once or twice a position in VKTX exploded after word that their TrB agonist is in stage 2 clinical trials for NASH. Not only this but I did some day trading here and there and even shorted a couple stocks. This all started after my reading of "The Intelligent Investor" by Benjamin Graham and a couple other finance books. Ive always been an autodidact in nature, so it came fairly easy to me. In the summer time, I mowed lawns with my buddy and I used the profit to invest more. In college I plan on studying some form of finance and seeing where it takes me. Its crazy how a sleeping disorder changed my life in so many ways. In no ways do I regret dropping out, as it allowed me time to recover from my illness and happened to teach me some of the most valuable knowledge.

    submitted by /u/Harvey_cushing88
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    Should I buy oil ETF and defense stock????

    Posted: 31 Dec 2019 11:13 AM PST

    https://www.bbc.com/news/world-middle-east-50956111

    Uhhh, is something going to happen, and if so what should i invest in?

    submitted by /u/authenticards
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    Is January a good time to buy?

    Posted: 31 Dec 2019 02:05 PM PST

    I keep seeing people talking about selling their stocks in January. Why January? Pretty new to all of this

    submitted by /u/Tankmush
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    What are some good stocks below $20

    Posted: 31 Dec 2019 02:01 PM PST

    I'm looking for some cheaper options, that have room to grow

    submitted by /u/Warlock45
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    How does Alibaba have such high projections?

    Posted: 31 Dec 2019 06:55 AM PST

    Other sources provide a more realistic forecast, but CNN (megalul, I know) has some insane predictions. How does this exist? https://money.cnn.com/quote/forecast/forecast.html?symb=baba

    submitted by /u/Aeriodon
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    Therapeutics & Pharmaceuticals stocks

    Posted: 31 Dec 2019 12:28 PM PST

    theres dozens of them

    i dont know what to choose. every analyst says buy,buy,buy,hold

    are these stocks even long term or are they short term when they sell off their patent/drug

    what Therapeutics & Pharmaceuticals stocks do you have?

    submitted by /u/SpliTTMark
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    Thoughts on ADNT?

    Posted: 31 Dec 2019 11:13 AM PST

    It's a Morningstar Best Idea, and it looks like its turnaround hasn't taken hold yet.

    submitted by /u/the_trout
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    Earning report of SAEX

    Posted: 31 Dec 2019 11:02 AM PST

    A couple of days back I read somewhere that today (12/31/2019) SAEX is presenting their earning report. Can someone confirm?

    submitted by /u/msdanish40
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    Is university education important for trading?

    Posted: 31 Dec 2019 09:42 AM PST

    Is university education is necessary for trading. Will it give background and understanding of the financial sphere.?Trading is not only the knowledge of patterns and something like that, but it is also the ability to analyse market information. Will a Bachelor degree in economics could help you to get a position in a prop-trading company?

    Can I start with reading something about market fundamentals. Pay attention to books written by market veterans, not the Forex "gurus". Most of such books are from XX century but the information mentioned there creates perfect understanding of financial markets.

    submitted by /u/AndrewGPie
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    For analysis financial stats of a company, what is the best accurate website?

    Posted: 31 Dec 2019 09:33 AM PST

    I've tried the MSN Finance but when compared the values in website with values of the report, don't match at all...

    submitted by /u/Sportsman18
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    Listening to quarterly earnings calls?

    Posted: 31 Dec 2019 05:12 AM PST

    I am considering listening to quarterly earnings calls during the January earnings season. Anyone here listen for companies you're invested in or companies you're analyzing?

    If so...is it a valuable use of time? What's the easiest way to listen to a bunch of calls (should I listen live or after the fact, where is the best place to find the dial-ins, etc.)?

    submitted by /u/wahooligan9
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    Some Questions

    Posted: 31 Dec 2019 08:49 AM PST

    ——————————————————————————— I noticed that if I submit an order on Friday after hours,it only goes into effect,on next day's pre hours,which is Monday

    1.Does this happen on Mon-Thru as well or does it go through immediately for Mon-Thru ——————————————————————————— Cash Account, Good Faith Violation, the settlement date is T+2,let say I sold a stock on Monday,settlement date will be Wednesday.

    2.If I buy stocks on Tuesday with the proceedings of the previous sale from Monday, will I be able to sell it on Wednesday since it's the settlement date or do I have to wait for Thursday to avoid a violation. ——————————————————————————— Let say I did incur a good faith violation

    1. Will I get a warning from my broker,if not how do I keep track of violations I have incurred. My broker is TD Ameritrade. ——————————————————————————— Note: I'm not day trader if your wondering, I consider my self a weekly trader, but since I'm new to trading, I tried to place my sell order in Friday after hours since it missed my expectation for the week and found it not going through, so I'm forced to sell on Monday,and now I'm in the situation of my 2nd question.
    submitted by /u/RFenrisulfr
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    What do I buy

    Posted: 31 Dec 2019 08:37 AM PST

    Looking for suggestions as to which stocks to buy? I have $148 available in my account and wanna see what happens. I was thinking about Viking Therapeutics.

    My portfolio is mainly pharmaceuticals and tech. Looking for all suggestions though.

    submitted by /u/regular_guy1
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    Question about the downsides of leveraged ETFs

    Posted: 30 Dec 2019 09:16 PM PST

    If 3x leveraged index funds like TQQQ or SPXL is simply an amplified version of QQQ and SPY respectively, then what's the downside of investing in them long-term? Over long timescales they should perform similarly (if not better) than the non-leveraged version, no?

    I understand that gains and losses are amplified so they're more volatile and can lose value very fast, but if you're holding long-term (ie holding through downturns/recessions), and they follow the same trends as the non-leveraged version then why does it matter?

    If they're losing value, then so is the non-leveraged ones, and they should all come back up (eventually)...

    submitted by /u/Fargraven
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    Source of reports Income Statement, Balance Sheet

    Posted: 31 Dec 2019 03:21 AM PST

    Some time ago https://investorshub.advfn.com/ provided normalized, agregated yearly financial data so I could easly analyse income statements, balance sheets for the last 5 years for a given company.

    It looks it's gone and I'm looking for a service with very similar functionality. Any help welcomed

    submitted by /u/FarBuffalo
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    Are there any promising stocks?

    Posted: 31 Dec 2019 09:20 AM PST

    Do you know of any promising stocks that could go up in the next couple of weeks or even months? Something for a fairly short term investment that could make some money.

    submitted by /u/Not_Flygon
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