• Breaking News

    Monday, February 24, 2020

    Stock Market - Monday Market Massacre! S&P on pace for its worst one-day plunge since August as COVID-19 fears intensify.

    Stock Market - Monday Market Massacre! S&P on pace for its worst one-day plunge since August as COVID-19 fears intensify.


    Monday Market Massacre! S&P on pace for its worst one-day plunge since August as COVID-19 fears intensify.

    Posted: 24 Feb 2020 09:38 AM PST

    Coronavirus plunge wipes more than $200 billion from Big Tech stocks

    Posted: 24 Feb 2020 08:36 AM PST

    https://www.cnbc.com/2020/02/24/coronavirus-plunge-msft-aapl-googl-amzn-fb-lose-220b-in-value.html

    Shares of Big Tech companies took a hit Monday after a surge in coronavirus cases renewed rears of a global economic slowdown.

    Altogether, Apple, Facebook, Amazon, Microsoft and Google — six of the most valuable U.S. companies — lost over $220 billion.

    submitted by /u/coolcomfort123
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    Why should I be using Robinhood

    Posted: 24 Feb 2020 06:46 PM PST

    I see a lot of people on here using robinhood as opposed to other trading platforms. I'm generally new to all this and started on schwab about 3 years ago because at the time the rates were the lowest. My questing is should I start using robinhood more ? What are the benefits? And in your opinion what is the best platform or what is each platform best for ?

    submitted by /u/queloque11
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    Stocks dropping, buying the "dip"

    Posted: 24 Feb 2020 04:34 AM PST

    So everyone knows the stocks are going down and we gotta buy the "dip". What would be your advice at a % of how low you think it'll go before we start climbing again or should I just wait it out until I see a slight increase then buy and hold until we return to normal

    submitted by /u/boss0252
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    What's happening this week? Headlines on Tesla, Alphabet, Coca-Cola, Microsoft and Lockheed Martin

    Posted: 24 Feb 2020 12:41 PM PST

    📉 Markets are dropping amid coronavirus fears

    Italy, Iran and South Korea reported an increase of coronavirus cases which turned alarms all around the world. US markets are having their worst day since August 2018. At the same time, according to official numbers, the virus outbreak is slowing down in China. Four provinces lowered their alerts level, while only 7 out of 31 reported new cases.

    🏗 Tesla resumes building the Gigafactory in Germany

    Tesla said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation.

    Tesla financial scores: * Profitability: 1.3/10 * Operating Efficiency: 1.4/10 * Liquidity: 3/10 * Solvency: 1.5/10

    🎮 Google Stadia added support for 19 new mobile devices

    Stadia announced that beginning February 20, you can play games on Stadia using a broad new selection of mobile devices. In addition to the Pixel family, Stadia will now support phones from Samsung, ASUS, and Razer. You'll also soon be able to play on the brand new Samsung S20 line. More supported phones means you have even more ways to play games when, where, and how you want with Stadia.

    Alphabet financial scores: * Profitability: 6.5/10 * Liquidity: 9.1/10 * Solvency: 9.9/10

    👌 Coca-Cola reaffirmed full year guidance and provided updates on expected impact from COVID-19

    The Coca-Cola Company is reaffirming its full year guidance in connection with the presentation, along with sharing the expected impact from COVID-19 on first quarter 2020 results. The company currently estimates an approximate 2- to 3-point impact to unit case volume, 1- to 2-point impact to organic revenue and 1- to 2-penny impact to earnings per share for the first quarter. Based on its latest forecasts, the company still expects to achieve its previously provided full year guidance.

    Coca-Cola financial scores: * Profitability: 8.8/10 * Liquidity: 3.1/10 * Solvency: 4.7/10

    📱 Microsoft plans antivirus software for Android and iOS devices

    Microsoft's latest effort to make money on mobile operating systems it doesn't own involves preventing malware and phishing attacks. Microsoft's Defender software will become available for Android and iOS devices later this year.

    Microsoft financial scores: * Profitability: 9.3/10 * Operating Efficiency: 9.5/10 * Liquidity: 8.7/10 * Solvency: 6.8/10

    🛰 Lockheed Martin launched its most advanced Mobile Communications Satellite

    Lockheed Martin's third satellite based on the modernized LM 2100™ bus launched from the Guiana Space Center in French Guiana aboard an Ariane 5 rocket and is traveling to its transfer orbit for a series of in-orbit tests before operations are handed over to Sky Perfect JSAT Corporation. JCSAT-17 will provide flexible mobile communications services to users in Japan and the surrounding region.

    Lockheed Martin financial scores: * Profitability: 8.2/10 * Operating Efficiency: 6.4/10 * Liquidity: 4.1/10 * Solvency: 8/10

    📊 Earning reports for this week

    Monday, February 24

    • Intuit (INTU) (after market close)
    • ONEOK (OKE) (after market close)
    • Hewlett Packard (HPQ) (after market close)
    • Palo Alto Networks (PANW) (after market close)
    • Keysight (KEYS) (after market close)
    • Carter's (CRI) (before market open)
    • Tenet Healthcare (THC) (after market close)
    • Tandem Diabetes Care (TNDM) (after market close)
    • Shake Shack (SHAK) (after market close)
    • Kratos Defense & Security Solutions (KTOS) (after market close)
    • Dillard's (DDS)
    • Hertz (HTZ) (after market close)
    • Axogen (AXGN) (after market close)

    Tuesday, February 25

    • The Home Depot (HD) (before market open)
    • Salesforce.com (CRM) (after market close)
    • American Tower (AMT) (before market open)
    • Public Storage (PSA) (after market close)
    • HEICO (HEI) (after market close)
    • Insulet (PODD) (after market close)
    • Caesars (CZR) (after market close)
    • Jazz Pharmaceuticals (JAZZ) (after market close)
    • Toll Brothers (TOL) (after market close)
    • Macy's (M) (before market open)
    • Darling Ingredients (DAR) (after market close)
    • OUTFRONT Media (OUT) (after market close)
    • Cracker Barrel (CBRL) (before market open)
    • Qurate Retail (QRTEA) (after market close)
    • Intercept Pharmaceuticals (ICPT) (before market open)
    • Delek US (DK) (after market close)
    • Welbilt (WBT) (before market open)
    • Alarm.com (ALRM) (after market close)
    • Realogy (RLGY) (before market open)
    • RR Donnelley (RRD) (after market close)
    • TravelCenters of America (TA) (before market open)
    • Frontier (FTR)

    Wednesday, February 26

    • Lowe's (LOW) (before market open)
    • Booking Holdings (BKNG) (after market close)
    • TJX (TJX) (before market open)
    • Crown Castle (CCI) (after market close)
    • Marriott (MAR) (after market close)
    • PSEG (PEG) (before market open)
    • Square (SQ) (after market close)
    • ANSYS (ANSS) (after market close)
    • Ameren (AEE) (before market open)
    • Carvana (CVNA) (after market close)
    • Continental Resources (CLR) (after market close)
    • Universal Health Services (UHS) (after market close)
    • Smucker's (SJM) (before market open)
    • NiSource (NI) (before market open)
    • TechnipFMC (FTI) (after market close)
    • Apache (APA) (after market close)
    • Sarepta Therapeutics (SRPT) (after market close)
    • Ionis Pharmaceuticals (IONS) (before market open)
    • Nutanix (NTNX) (after market close)
    • Churchill Downs (CHDN) (after market close)
    • Etsy (ETSY) (after market close)
    • Wendy's (WEN) (before market open)
    • Greif (GEF) (after market close)
    • Papa John's (PZZA) (before market open)
    • BioTelemetry (BEAT) (after market close)
    • Editas Medicine (EDIT) (after market close)
    • Office Depot (ODP) (before market open)
    • Chesapeake Energy (CHK) (before market open)
    • 3D Systems (DDD) (after market close)
    • Tutor Perini (TPC) (after market close)
    • Fossil (FOSL) (before market open)
    • ORBCOMM (ORBC) (before market open)

    Thursday, February 27

    • VMware (VMW) (after market close)
    • EOG Resources (EOG) (after market close)
    • Baxter International (BAX)
    • Autodesk (ADSK) (after market close)
    • Sempra Energy (SRE) (before market open)
    • Workday (WDAY) (after market close)
    • Monster Beverage (MNST) (after market close)
    • Occidental Petroleum (OXY) (after market close)
    • Edison (EIX) (after market close)
    • Best Buy (BBY) (before market open)
    • CBRE (CBRE) (before market open)
    • Discovery (DISCA) (before market open)
    • Live Nation Entertainment (LYV) (after market close)
    • CenterPoint Energy (CNP) (before market open)
    • Trade Desk (TTD) (after market close)
    • NRG Energy (NRG) (before market open)
    • Mylan (MYL) (after market close)
    • FLIR (FLIR) (before market open)
    • Nielsen (NLSN) (before market open)
    • Perrigo (PRGO) (before market open)
    • Quanta Services (PWR) (before market open)
    • Stericycle (SRCL) (before market open)
    • ServiceMaster (SERV) (before market open)
    • EMCOR (EME) (before market open)
    • World Fuel (INT) (after market close)
    • NeoGenomics (NEO) (before market open)
    • Main Street Capital (MAIN) (after market close)
    • Patterson Companies (PDCO) (before market open)
    • iRhythm (IRTC) (after market close)
    • Sunrun (RUN) (after market close)
    • Southwestern Energy (SWN) (after market close)
    • Big Lots! (BIG) (after market close)
    • Enviva (EVA) (before market open)
    • Sangamo Therapeutics (SGMO)
    • Whiting Petroleum (WLL) (before market open)
    • NeoPhotonics (NPTN) (after market close)
    • JCPenney (JCP) (before market open)
    • GAIN Capital (GCAP)

    Friday, February 28

    • AES (AES) (before market open)
    • Vistra Energy (VST) (before market open)
    • Wayfair (W) (before market open)
    • Spirit AeroSystems (SPR) (before market open)
    • Foot Locker (FL) (before market open)

    EDIT: added earnings

    submitted by /u/mytwm
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    I'm only 19 and a university student, I have enough savings to invest, should I?

    Posted: 24 Feb 2020 04:21 PM PST

    I'm not asking if I should based on current prices, I'm asking purely on if it's smart that someone at a young age start investing now. I feel like I lack the life experience one might need to make smart decisions, but on the other hand I'd like to start earlier to get a head start.

    I've gotten mixed advice from a lot of different people/sources, I'm just looking for more. Thank you smart people.

    submitted by /u/coolfunkDJ
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    What do you think about CRM tomorrow? Earnings coming!

    Posted: 24 Feb 2020 02:08 PM PST

    Analysts polled by FactSet estimate the Marc Benioff-led company will report earnings of 56 cents per share on revenue of $4.755 billion. Salesforce earned 70 cents per share on sales of $3.603 billion a year prior - CNBC

    submitted by /u/dhiral1994
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    MRNA lets see how this goes

    Posted: 24 Feb 2020 04:09 PM PST

    Bought in MRNA aftermarket with the news about testing on humans this is the closest to the breakthrough and if that's the case the distribution of the "cure" will make the stock skyrocket

    submitted by /u/boss0252
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    Billionaire Apple investor Warren Buffett finally trades in his $20 flip phone for an iPhone

    Posted: 24 Feb 2020 07:53 PM PST

    https://www.cnbc.com/2020/02/24/apple-investor-warren-buffett-traded-in-his-flip-phone-for-an-iphone.html

    Warren Buffett has finally upgraded to a smartphone.

    Once a fan of the $20 Samsung SCH-U320, Buffett is now using Apple's latest model, but to make calls.

    Berkshire Hathaway owns roughly 5.5% of Apple.

    submitted by /u/coolcomfort123
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    What's Behind Today's Market Plunge? A Stunned Wall Street Responds

    Posted: 24 Feb 2020 01:02 PM PST

    Feb. 25, 2020, Asia

    Posted: 24 Feb 2020 06:34 PM PST

    (South Korea🇰🇷) Delta Air Lines, the third-largest shareholder of Hanjin KAL which owns Korean Air, bought a 1% additional stake to support current Hanjin Group Chairman Cho Won-tae. Cho is in a feud with his older sister Cho Hyun-ah over taking control of South Korea's giant airline following their father's death. Cho Hyun-ah is well known for the "nut rage incident."

    (Source: The Korea Herald)

    *Japan🇯🇵

    Japan's Toyota Motor restarted its 4th and final assembly plant in China.

    (Source: NewsOnJapan)

    *China🇨🇳

    Shanghai's Pudong New Area unveiled a series of policies such as rent reduction and exemption in an effort to help companies restart production and reduce the damage from the COVID-19 outbreak. The amount of rent reduction and exemption is set to top $142 million.

    (Source: Xinhua News Agency)

    @official_theasians

    submitted by /u/dylanyang0930
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    Episode 9: STOCK MARKET DOWN 1000+ POINTS, Stay Calm Investors

    Posted: 24 Feb 2020 05:45 PM PST

    The Stock Market feel today by over 1000 Points due to the Coronavirus today but as a Dividend Investor this is not a huge worry. On the news though they say otherwise and people are going crazy.

    In this weeks episode I go over why as a Dividend Investor this market drop is not something we should be worried about. It is important to remember that the market only fell by 3.56% today which is not very much in the whole scheme of things.

    In this video I also play a video from CNBC interviewing Warren Buffet as he explains what he plans to do with this sudden decline in the market.

    https://youtu.be/zz3kFfHWCEw

    submitted by /u/dontfaulkup28
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    Swing Watchlist For 2-25-20

    Posted: 24 Feb 2020 04:59 PM PST

    Here's why I think the coronavirus fears are spread far wider than they ought to be.

    Posted: 24 Feb 2020 04:57 PM PST

    By no means am I claiming to be a health or economic expert, however using some common sense and little bit of digging I was able to come up with this:

    The latest report from the WHO shows Hubei province as being the most affected region.

    So what are the majority of factories from Hubei producing? Cars. Which ones? The ones you've never even heard of such as: Hasheng Huazhou, Luba, and Huashi Bus.

    Hubei has a population of 58.5 MILLION people. The amount of infections is already well contained. Yes, sure there are going to be people who continue to spread it to other regions around the world for sometime but it probably won't be at the same scale as Hubei given that other countries are now aware and hyper vigilant with their preparations. Developing countries who might lack adequate medical capabilities on their own are going to be assisted by the WHO.

    Additionally, the people most at risk from dying are the elderly and those with preexisting conditions. Most cases are asymptomatic.

    submitted by /u/quick_pwn
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    Starbucks Due Diligence/Research - I went through a bunch of quarterly reports and aggregated the data and earnings call transcripts quotes.

    Posted: 24 Feb 2020 04:43 PM PST

    Hello everyone,

    Not long ago I released my Disney "Due Diligence" report and received good feedback. As part of my ongoing research for specific tickers I went through the last 12 Starbucks (SBUX) quarterly reports and aggregated some of the data as well as noted some of the important quotes from management throughout the earnings calls.

    Click here for the full Starbucks research report with all the visualized data and quotes.

    As a summary, I've come up with these key points.

    Key Points

    1. From raw earnings data:
    A) US growth is mainly derived from increased ticket prices (approximately 3-5%) and a 3% Q.O.Q store growth and not so much an increase in store traffic (transactions).
    B) Global and US Traffic comps have been mainly flat over the the last 9 quarters with the exception of 2019 where adding variety to their menu has displayed an increase in store traffic and transactions. Executives believe they can continue to achieve at least 1% transactional comp growth while continuing ticket comp growth in the range of 3-4%.
    C) Loyalty members has been steadily increasing at a rate of mid-teens Q.O.Q. Starbucks attributes this to an increase in customer engagement and a better in-store customer experience.

    2. Starbucks, specifically in China, is working on digitizing the industry and making deliveries more accessible. They partnered with Alibaba to make this more feasible as they see steady growth in mobile delivery orders and loyalty program members. The key feature here was to be easily accessible with Alibaba and also make it possible to join the loyalty program with only a couple of clicks.

    3. Expanding in China at approx 150 stores per quarter or 600 per year. Expects 6,000 stores in China by the end of FY 2022. They currently operate 4,292 stores in China or 13.5% of all Starbucks locations. The locations in China generate approximately 11.5% of Starbucks sales.

    4. Management commented about the increase in competition from Luckin Coffee saying it is only natural. There is a large and growing addressable market for coffee in China that has just begun to get penetrated and will attract more competition. Starbucks stated that because China is largely a tea drinking culture, more competitors in the coffee industry will accelerate the overall adoption of coffee by the Chinese consumer. Starbucks argues that what is good for the industry (more competitiveness) is also very good for Starbucks.

    5. Coronavirus will have some impact on revenues. They estimate China accounts for 10% of revenues. They will provide more transparency coming in March and closer to earnings report in April. They estimate that opening new stores contribute to approximately 80% of Starbucks' revenue growth.

    6. Most existing stores are experiencing more revenue growth from increased prices rather than an increase of traffic or transactions. Most of Starbucks revenue growth will come from creating more opportunities and opening more stores. More stores = more growth for Starbucks and China is an opportunity in this sense as they are opening stores at a rate growth rate of 16% compared to opening stores at a rate of 3% in the U.S.

    Feel free to post any comments.

    submitted by /u/swaggymedia
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    Markets ‘powered through’ SARS, but the coronavirus outbreak is different, Cowen says — and here’s why

    Posted: 24 Feb 2020 12:36 PM PST

    U.S. stocks may not be able to "power through" the coronavirus as they did with the SARS outbreak and the travel industry will take longer to recover, analysts at broker Cowen are warning.

    Global stocks tumbled on Monday as the spread of the coronavirus outside China intensified, with Italy and South Korea reporting a spike in new cases. The Dow Jones Industrial Average DJIA, -3.10% lost 760 points shortly after the open, and is now 1% down year-to-date, while the S&P SPX, -2.90% fell 2.5% in early trading and is 0.7% up so far in 2020.

    The S&P 500 posted a gain of more than 20% in the three months after the World Health Organization said it was investigating the SARS outbreak in March 2003, according to Cowen.

    However, that period coincided with the U.S. invasion of Iraq, the early stages of an economic expansion and cheaper stocks, Cowen equity research analysts led by Kevin Kopelman said.

    "We believe SARS was largely overshadowed by the U.S. invasion of Iraq on Mar.19, the fall of Baghdad on Apr.10 and end of major operations on May.1.

    "When the SARS outbreak began, the economy was also in early stages of an expansion phase and the S&P traded at 15 times price to earnings." The S&P 500 currently trades 22 times price to earnings.

    SARS infected more than 8,000 people across 29 countries in an eight-month period, causing 774 deaths. The coronavirus has infected close to 80,000 people, while the death toll has risen above 2,600. Despite the difference, China accounts for 97% of coronavirus, whereas the SARS virus travelled further with just 66% of cases in China.

    Air travel recovered to pre-outbreak levels after six months from the SARS epidemic but Cowen analysts predicted it would take longer this time around.

    "Even if we assume a V-shaped recovery, as occurred in 2003 following SARS, the market is much bigger now. In 2000, 10 million Chinese traveled outbound, in 2018 164 million did - in our view it will take more than just six months to recover that traffic," Cowen analysts said.

    ...

    https://www.marketwatch.com/story/markets-powered-through-sars-but-the-coronavirus-outbreak-is-different-cowen-says-and-heres-why-2020-02-24

    submitted by /u/LightningPlus
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    COVID19 outbreak statistics in Italy: 6 died, all of them elderly or cancer patients.

    Posted: 24 Feb 2020 04:04 PM PST

    COVID19 outbreak statistics in Italy, a country that is both transparent(Not China) and has the capacity for widespread testing, paint an interesting picture. Out of 224 cases so far, 91 have no symptoms. 23 are in ICU.

    6 died, all of them elderly or cancer patients.

    Remaining 104 are non-critical.

    https://www.repubblica.it/cronaca/2020/02/24/news/coronavirus_149_i_casi_confermati_conte_i_contagi_possono_crescere_-249427098/

    submitted by /u/forevalearning
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    What’s next for the US stock market?

    Posted: 24 Feb 2020 02:53 PM PST

    Obviously the market is in the bubbly state, given the hyperbolic upside trend on every technology stock like it's 1999. The thing is, isn't such events like coronavirus outbreak exactly the reasons or in other words starting points for the huge, huge market crash and potentially a global economy crisis? What's your opinion guys?

    submitted by /u/kubamail
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    we’re playin a stock market game in school

    Posted: 24 Feb 2020 07:13 AM PST

    our class was chosen out of 100 teams in the state to play this game, we all have 100k to paper trade w/ and every trade costs 5$ not trading any stock under 2$ allowed. and we are playing until april. any picks??? HElp

    submitted by /u/Ryan0407
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    Most Anticipated Earnings Releases After the Close Today (2/24) and Before the Open Tomorrow (2/25)

    Posted: 24 Feb 2020 09:33 AM PST

    Do we get a Surprise from the Federal Reserve?

    Posted: 24 Feb 2020 11:43 AM PST

    Who thinks the Fed will announce they are considering a rate cut to combat the ill effects of the Corona Virus on the global economy?No answer is a bad answer. I am just surveying fellow traders.

    submitted by /u/Jaxtellertrades
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    Spy Algos Monday Sell Off

    Posted: 24 Feb 2020 11:28 AM PST

    This is the SPY chart for the day so far. They bought the open and then have been continuously selling every top. they have continued to sell into the afternoon session. Lets see if they turn now

    https://imgur.com/HOcAdxp

    submitted by /u/Jaxtellertrades
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    Coronavirus Nudges Investors To Safe Haven Assets, Including Bitcoin

    Posted: 24 Feb 2020 06:24 AM PST

    Since coronavirus emerged, the upbeat performance of global equities financial markets has perplexed investors. The leading indices like Stoxx 600, S&P 500, and the Shanghai SE Composite Index are up on the year.

    Simultaneously, the virus continues to spread rapidly globally with Iran, northern Italy, and South Korea being the most affected. Now, there is a rush to safety with gold surging to a 7-year high of over $1660.00 per troy ounce. Also, bonds are rising while yields are dropping.

    Source: Finbold

    submitted by /u/digiiital
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    What’s your inverse of choice for coronavirus?

    Posted: 24 Feb 2020 05:41 AM PST

    2x and 3x only

    Reason for choice?

    EST holding period?

    Put it up!

    submitted by /u/Twistedshakratree
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