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    Friday, January 31, 2020

    Stock Market - What stocks are you eyeballing for next week?

    Stock Market - What stocks are you eyeballing for next week?


    What stocks are you eyeballing for next week?

    Posted: 31 Jan 2020 05:06 AM PST

    Congratulations to our r/StockMarket January 2020 Stock Picking Contest WINNER -- ⚜����������´�� ��������������⚜!

    Posted: 31 Jan 2020 02:59 PM PST

    Most Anticipated Earnings Releases for the trading week beginning February 3rd, 2020

    Posted: 31 Jan 2020 04:17 AM PST

    Welcome to month end trading! S&P on pace for its worst week since August; January gains wiped out

    Posted: 31 Jan 2020 07:50 AM PST

    Amazon Value Set to Top $1 Trillion, and Wall Street Says More to Come

    Posted: 31 Jan 2020 06:19 AM PST

    https://www.bloomberg.com/news/articles/2020-01-31/amazon-analysts-hike-targets-with-value-set-to-top-1-trillion

    Amazon.com Inc. was on course to exceed $1 trillion in market value again after results beat expectations, with analysts applauding the popularity of the e-commerce giant's one-day shipping initiative and the performance of its cloud-computing business.

    The shares surged 8.7% in U.S. pre-market trading after reporting what Robert W. Baird & Co. analysts called an "impressive quarter from top to bottom." Goldman Sachs analysts pointed out that it was the first time the company beat the upper end of its revenue guidance since the first quarter of 2018.

    The results sparked a rush on Wall Street to raise price targets for the stock, with RBC Capital Markets analysts giving it a new Street-high target of $2,700, implying 44% upside from Thursday's close.

    submitted by /u/coolcomfort123
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    Apple, Amazon, Microsoft and Alphabet have traveled similar paths on the road to $1 trillion

    Posted: 31 Jan 2020 06:28 PM PST

    https://www.cnbc.com/2020/01/31/apple-amazon-microsoft-and-alphabet-and-the-road-to-1-trillion.html

    There's a familiar theme to each of the four $1 trillion technology giants.

    Apple, Amazon, Microsoft and Google-parent Alphabet have all looked to services and cloud businesses for growth in the past couple of years.

    These four tech companies are dwarfing the rest of the stock market, too, making up 17% of the S&P 500's total market value.

    submitted by /u/coolcomfort123
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    It’s Brexit tonight and I picked up a ton on a red virus day AMA

    Posted: 31 Jan 2020 05:00 PM PST

    10k shares of $BCS is the nucleus of the buy. Also picked up $RBS and looking at Santander as their tier 1 capital ratio has increased since last quarter.

    submitted by /u/beyondmeatdick
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    Buy Disney before ER?

    Posted: 31 Jan 2020 03:24 PM PST

    Should I buy Disney before they report earnings?

    Or should I wait until the coronavirus threat goes away?

    submitted by /u/sandovalomar562
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    When do you decide when to short a stock?

    Posted: 31 Jan 2020 07:11 PM PST

    I know earnings would be a big factor but what other attributes do you look into when debating to short a stock?

    submitted by /u/za01
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    ‘Godfather’ of technical analysis says stock-market downturn is going to get worse: ‘I am looking at a 10% drop maybe a little bit more’

    Posted: 31 Jan 2020 01:33 PM PST

    Acampora says that damage from the coronavirus is 'going to get a lot worse before it's over and that will slow economic growth in China

    It is going to get worse before it gets better for the stock market, says prominent technical analyst Ralph Acampora.

    'I think it's going to be a little deeper. I am looking at 10% maybe a little bit more even.' ~~~ Ralph Acampora

    A pioneer in the field of price chart-based trading, Acampora told MarketWatch during a Friday interview that he thinks that the coronavirus fears are a catalyst for a market that had gotten too pricey and was due for a substantial pullback.

    "The market itself was stretched, which is true, so we were begging for some kind of correction and this is the catalyst," he said. He is expecting that the stock market will face at least a 10% drop from its recent peak, which would meet the criteria for a bona fide correction held by most market technicians.

    Fresh worries grew over an Asian influenza that reportedly originated in Wuhan City, China, has infected 9,500 people, and claimed at least 213 lives, according to reports out of China. The illness, which has drawn comparisons with SARS, severe acute respiratory syndrome that hit Beijing in 2002-03, is being classified as a novel strain of coronavirus, or 2019 nCoV.

    https://www.marketwatch.com/story/godfather-of-technical-analysis-says-stock-market-downturn-is-going-to-get-worse-i-am-looking-at-a-10-drop-maybe-a-little-but-more-2020-01-31?mod=home-page

    submitted by /u/LightningPlus
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    Thoughts about biocept?

    Posted: 31 Jan 2020 04:51 PM PST

    Does anyone think biocept(BIOC) will go up to above $.50 again? Any information or opinions about this company?

    submitted by /u/seththeriot
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    Should I sell Apple stock now? Could it decline more?

    Posted: 31 Jan 2020 04:28 PM PST

    Hi all,

    As the title asks. I own some Apple shares and just wondering if I should sell them now. The recent financial results of Apple bounced the stock up but since then it's still slumped quite a bit.

    submitted by /u/Charrzooka
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    Beer virus

    Posted: 31 Jan 2020 09:55 AM PST

    Can't wait for this beer virus to blow over soon and all the idiots who sold in the past few days are going to seriously regret selling in this unstoppable bull market, where the economy is the best it's been in decades.

    🇺🇸🦅🇺🇸

    submitted by /u/Myack_
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    Buy WWE stock?

    Posted: 31 Jan 2020 08:16 AM PST

    It dropped a lot and I'm brand new to investing would this be a good time to buy?

    submitted by /u/FullChubbAhead
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    One of the many problems of with trying to time the market

    Posted: 31 Jan 2020 02:47 PM PST

    Sometimes you miss out on the upside of good economic news because it's obsorbed by simultaneous bad news. I think it's going on right now with amazing earnings plus fed saying rates won't rise, plus the corvo virus. Trying to wait for the market to drop because of the virus ignores the fact that we might keep getting great earnings so that market remains flat or even goes up slightly

    submitted by /u/travel133
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    Good time to learn how to trade stocks?

    Posted: 31 Jan 2020 01:05 PM PST

    I'd have to say yes it is.

    When I first started trading several years back there was 1 big barrier and that was the fees. I remember having a $500+ day and then $500- day but then $200 in trading fees. Overall it worked but it made the whole experience a bit more discouraging. I've always wanted to get into breakout trading (a bit more aggressive and quick type of trading) and now with the new low fees, I've really decided to jump in it. That's what my focus with the small account challenge.

    What do you guys think?

    Here's a video going into my thoughts a bit more and also recapping today challenge trades if you guys want to see more https://youtu.be/G_kfhxS3vYM

    submitted by /u/mralexwinkler
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    How to take advantage of the coronavirus

    Posted: 30 Jan 2020 11:37 PM PST

    Title says it all. What companies and when should you invest in those affected by the virus for best chance of success.

    submitted by /u/PhotopiaP
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    Amazon Set to Break Record for One-Day Gain in Market Cap

    Posted: 31 Jan 2020 08:08 AM PST

    Best thing to do with Cash.. Bonds

    Posted: 31 Jan 2020 11:28 AM PST

    I just sold off a large chunk of my portfolio. Gonna reinvest once the health scare blows over in a few weeks, months.. What should I do with the cash now? What are the best bonds, bond etfs to buy?

    submitted by /u/UC732
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    What causes gaps like this in stock prices?

    Posted: 31 Jan 2020 11:09 AM PST

    gap

    This is a picture of a chart on AAPL that shows a gap in price between 8:00 PM ET and the following day. Assuming that after market trading ends at 8:00 PM ET, what is causing this price gap? Does it have to do with people going in and out of index funds?

    Edit: I really feel like people aren't understanding my question. I'm well aware of how ECNs work for after and pre market trading sessions. What I don't get is how many stocks open lower at the BEGINNING of the PREMARKET session. Not intraday, not during the premarket session between 4 and 9:30, not during the aftermarket session between 4 and 8, but between the end of the after market session ending at 8 and the beginning of the premarket ending at 4, when the after market hours are supposedly done. I'm not trying to sound rude, but every time I ask this, I always get the same answer that addresses everything but the question I ask. For example, many times I'll notice a stock on the S&P500 has, say for example, closed at $100 at 8:00PM in the end of the aftermarket trading session, but may open $2 down at $98 during the premarket session starting at 4:00 AM with 0 traded volume. Why is it opening significantly lower with no volume, and also assuming that you can't trade after hours past 8:00PM?

    submitted by /u/SocialSuicideInc
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    Stocks dip over any little concern

    Posted: 31 Jan 2020 11:02 AM PST

    I don't understand why this virus would have any effect over the market. Many stocks are sliding over concerns for economic slowdown. I don't understand why people would be worried and selling. Seems silly to me. Is it just a way for shorts to get the stock down.

    submitted by /u/Mtanderson88
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    Do you know people who lost everything during 2008 ?

    Posted: 31 Jan 2020 10:19 AM PST

    Do you know people who lost everything during 2008 ?

    submitted by /u/Greenjuice154
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    Opinion on SIMO?

    Posted: 31 Jan 2020 10:15 AM PST

    Should a buy a few shares or do you guys think it's over hyped?

    submitted by /u/dogshat6969
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    Today's Pre-Market Movers & News [Friday, January 31st, 2020]

    Posted: 31 Jan 2020 05:53 AM PST

    Good morning traders and investors of the r/StockMarket sub! Happy Friday to all! Here are your pre-market mover & news this AM-


    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Today's Top Headlines for Friday, January 31st, 2020

    • A volatile final day of January could be ahead, as headlines surrounding the impact of the coronavirus continue to emerge and U.S. stock futures point to a lower open. Thursday was a prime example, with the Dow falling as many as 244 points and then rallying along with the other major averages to finish higher. The Dow, S&P 500 and Nasdaq remain poised to post their fifth straight month of gains, although they could also post a second straight weekly loss for the first time in four months. (CNBC)
    • US Treasury yields rise after briefly sending a recession signal (CNBC)
    • The World Health Organization said the fast-spreading coronavirus that's now infected more than 9,800 people across the world is a global health emergency, a rare designation that helps the international agency mobilize financial and political support to contain the outbreak. Shortly before, the U.S. confirmed the nation's first person-to-person transmission of the virus. (CNBC)
    • Facebook to remove coronavirus misinformation after WHO declares global emergency (Reuters)
    • State Department issues 'do not travel' advisory for China, asks those in the country to consider leaving (CNBC)
    • Two patients from the same family in England have tested positive for the coronavirus. England's Chief Medical Officer Chris Whitty said today his team was "working rapidly to identify any contacts the patients had," in order to prevent further spread. (CNBC)
    • The week ends with a busy morning of U.S. economic data, beginning with December personal income and spending at 8:30 a.m. ET. The Chicago purchasing managers index is out at 9:45 a.m. ET, and the University of Michigan's final January consumer sentiment index is out at 10 a.m. ET. Dow components Caterpillar (CAT), Exxon Mobil (XOM) and Chevron (CVX) highlight this morning's quarterly earnings report. No reports are scheduled for after the bell. (CNBC)
    • Caterpillar earnings top expectations, but CEO warns about 'global economic uncertainty' (CNBC)
    • Shares of Amazon (AMZN) climbed nearly 9% in premarket trading after smashing earnings expectations for the fourth quarter. The company's market cap surged above $1 trillion. Amazon first hit a $1 trillion market cap in September 2018 but went below that level after the stock market at the time tanked. Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOGL) are all currently above the trillion-dollar threshold. (CNBC)
    • Jeff Bezos' net worth jumps by over $12 billion after Amazon's big quarter (CNBC)
    • IBM shares jumped as much as 5% in the premarket after the company said Arvind Krishna will become its 10th CEO, replacing Ginni Rometty, effective April 6. During Rometty's tenure as CEO, which began in 2012, shares of IBM fell about 26%, compared to the S&P 500′s advance of 160%. (CNBC)
    • Retiring Sen. Lamar Alexander said he'll vote against any proposals for further witnesses in the impeachment trial of President Donald Trump, dealing a blow to Democrats. if the GOP-majority chamber votes, likely today, not to allow that new content, then the trial could quickly proceed to a final vote on whether to acquit Trump or remove him from office. (CNBC)
    • House of Representatives passes two measures limiting Trump's ability to go to war with Iran (CNBC)
    • Sen. Bernie Sanders has jumped into a virtual tie with former Vice President Joe Biden nationally just before the first nominating contests in the 2020 Democratic presidential primary, according to an NBC News/Wall Street Journal poll released today. Sen. Elizabeth Warren is in third, while former Mayor Mike Bloomberg leaped ahead of Mayor Pete Buttigieg for fourth. (CNBC)
    • Sanders backed by 200,000-member postal workers union in 2020 primary (CNBC)
    • After more than three years of tough negotiations between British and European officials, its departure from the EU is finally taking place today at 6 p.m. ET. The departure will mark the start of a "transition period" in which the U.K. remains a member of the single market and customs union, but begins negotiations with the EU in the hope of striking a free trade deal. (CNBC)
    • One Medical parent 1Life Healthcare (ONEM) priced its initial public offering at $14 per share, at the bottom of the expected range of $14-$16 per share. The health care services firm, which is not yet profitable, raised $245 million in gross proceeds through JPMorgan (JPM) and Morgan Stanley (MS).
    • Here's a look at the road to Sunday's Super Bowl by the numbers: After more than 4,000 plays, 1,000 points and 125 touchdowns between them, the San Francisco 49ers and Kansas City Chiefs made it to the big game. The Chiefs have relied on a big-play passing game led by quarterback Patrick Mahomes, while the Niners have had plenty of success on the defensive side. (AP)

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    NEXT WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR NEXT WEEK'S ECONOMIC CALENDAR!)

    NEXT WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR NEXT WEEK'S UPCOMING IPO'S!)

    NEXT WEEK'S EARNINGS CALENDAR:

    (CLICK HERE FOR NEXT WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

    ([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())

    NONE.


    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    ([CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]())

    NONE.


    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #3!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

    • AMZN
    • NNVC
    • XOM
    • V
    • X
    • AIMT
    • WWE
    • EA
    • ESPR

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Caterpillar – The heavy equipment maker reported adjusted quarterly earnings of $2.63 per share, beating the consensus estimate of $2.37. However, revenue came in below forecasts, and Caterpillar also issued a weaker-than-expected full-year outlook. The company said global economic uncertainty would continue to pressure sales this year.

    STOCK SYMBOL: CAT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Navistar – The truck maker received an unsolicited buyout offer from Volkswagen's commercial truck unit Traton for the part of Navistar it doesn't already own. The offer amounts to $35 per share, or $2.9 billion, compared to yesterday's close of $24.07. Volkswagen and Traton currently own about 16.8% of Navistar.

    STOCK SYMBOL: NAV

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Exxon Mobil – The energy giant earned an adjusted 41 cents per share for the fourth quarter, 2 cents below estimates, but revenue did exceed Wall Street forecasts. Exxon said short-term supply issues in its downstream and chemicals businesses impacted its results.

    STOCK SYMBOL: XOM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Honeywell – The industrial conglomerate beat estimates by 2 cents with adjusted quarterly profit of $2.06 per share, but revenue was shy of forecasts. Honeywell also gave a weaker than expected revenue guidance, saying the 737 Max production halt will hurt growth. Honeywell makes a variety of 737 Max components.

    STOCK SYMBOL: HON

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Colgate-Palmolive – The consumer products company matched Street forecasts with adjusted quarterly earnings of 73 cents per share, with revenue beating estimates. Colgate did see a 5% jump in organic sales during the quarter and expects an organic sales growth rate of 3% to 5% this year.

    STOCK SYMBOL: CL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Amazon.com – Amazon earned $6.47 per share for the fourth quarter, well above the consensus estimate of $4.03. Revenue also exceeded analyst forecasts, powered by a robust holiday season as well as strong results for advertising and cloud computing.

    STOCK SYMBOL: AMZN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    IBM – IBM CEO Ginni Rometty will step down in April after eight years on the job. She will be succeeded by Arvind Krishna, head of IBM's cloud computing business. Rometty will remain as executive chairman through the end of the year.

    STOCK SYMBOL: IBM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Amgen – Amgen reported adjusted quarterly profit of $3.64 per share, 17 cents above consensus forecasts, with the biotech company's revenue also beating estimates. However, Amgen gave a weaker-than-expected full-year forecast, due to lower interest income and its recently acquired stake in China's BeiGene, which is currently unprofitable.

    STOCK SYMBOL: AMGN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Electronic Arts – Electronic Arts reported adjusted quarterly profit of $2.52 per share, a penny above estimates, with revenue essentially in line. However, the video game maker gave a weaker-than-expected current-quarter revenue forecast, in part due to a delayed launch for its "NBA Live" game.

    STOCK SYMBOL: EA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Visa – Visa matched Street forecasts with quarterly earnings of $1.46 per share, but the payment network operator's revenue came in below estimates. Visa also saw a 14% increase in operating expenses during the quarter as it spends more on rewards and incentives for cardholders.

    STOCK SYMBOL: V

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Levi Strauss – Levi Strauss reported adjusted quarterly earnings of 26 cents per share, 5 cents above estimates, but the apparel maker's revenue was slightly short of forecasts. The company also gave an upbeat full-year earnings forecast, as well as announcing a $100 million stock buyback and initiating a dividend of 8 cents per share. Levi Strauss also announced it has about half its stores in China due to the coronavirus outbreak and will take a financial hit as a result.

    STOCK SYMBOL: LEVI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Marathon Petroleum – Marathon Petroleum is exploring the sale of its Speedway gasoline station division, according to a Bloomberg report. Marathon said last year it was seeking to spin off Speedway, which has about 4,000 locations in the U.S.

    STOCK SYMBOL: MPC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Johnson & Johnson – J&J was ordered by a California judge to pay a $344 million fine, in a case accusing the company of deceptively marketing its surgical mesh devices. The company said it would appeal the decision, adding that it "responsibly communicated the risks and benefits" of the device.

    STOCK SYMBOL: JNJ

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?


    I hope you all have an excellent trading day ahead today on this Friday, January 31st, 2020! :)

    submitted by /u/bigbear0083
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    r/StockMarket January 2020 Contest update as of market close 1/31/20 (FINAL DAY!)

    Posted: 31 Jan 2020 05:14 AM PST

    Oil and china

    Posted: 31 Jan 2020 08:38 AM PST

    Dumbass oil and China.

    submitted by /u/GaniB
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