• Breaking News

    Monday, February 3, 2020

    Home Unlabelled Stock Market - Notable Earnings Releases due out after today's market close (2/3) and before tomorrow's open (2/4)

    Stock Market - Notable Earnings Releases due out after today's market close (2/3) and before tomorrow's open (2/4)

    February 03, 2020

    Stock Market - Notable Earnings Releases due out after today's market close (2/3) and before tomorrow's open (2/4)

    Notable Earnings Releases due out after today's market close (2/3) and before tomorrow's open (2/4)

    Posted: 03 Feb 2020 10:13 AM PST

    Tesla jumps 19.9%, biggest one-day gain in 6 years

    Posted: 03 Feb 2020 01:51 PM PST

    https://www.cnbc.com/2020/02/03/tesla-stock-soars-hitting-700-per-share-for-the-first-time.html

    Shares of Tesla soared 19.9% on Monday after Argus Research raised its price target to $808 from $556.

    Argus also raised its earnings per share estimate to $8.01 from $5.96 and expects that to double by 2021.

    The firm's analysts cited Tesla's strong fourth-quarter financials, which exceeded Wall Street's expectations last week.

    submitted by /u/coolcomfort123
    [link] [comments]

    Coronavirus will ‘shake markets out of their buy-the-dip’ mentality, says El-Erian

    Posted: 03 Feb 2020 07:31 AM PST

    Mohamed El-Erian doesn't appear impressed by the bounce shaping up for U.S. stocks on Monday.

    Investors 'need to decide if they want to opt for more of the same, by continuing to implement an investment playbook that has served them well, or if they want to treat the viral outbreak for what it is — a big economic shock that could derail global growth and shake markets out of their "buy-the-dip" conditioning.'Mohamed El-Erian

    In a guest column in the Financial Times (paywall), the widely followed investor and chief economic adviser to Allianz, urged against buying the dip when it comes to the stock-market reaction to the spreading coronavirus, arguing that the long-running play of dismissing downbeat fundamentals on expectations central banks will ride to the rescue could prove misguided in the current environment.

    https://www.marketwatch.com/story/coronavirus-will-shake-markets-out-of-their-buy-the-dip-mentality-says-el-erian-2020-02-03

    submitted by /u/LightningPlus
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    Today's Pre-Market Movers & News [Monday, February 3rd, 2020]

    Posted: 03 Feb 2020 05:20 AM PST

    Good morning traders and investors of the r/StockMarket sub! Welcome to the new trading month and a fresh start! Here are your pre-market news this AM-

    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Today's Top Headlines for Monday, February 3rd, 2020

    • U.S. stock futures were pointing to a higher open, but not close to erasing a significant portion of Friday's coronavirus-driven sell-off. The Dow had its worst day since August on Friday. The S&P 500 since October. Both were pushed into negative territory for January. The Dow is now at its lowest since Dec. 18, with the S&P 500 finishing at its lowest since Dec. 30. The Nasdaq, however, did manage to finish January with a 2% gain. (CNBC)
    • Chinese markets plunged on their return from the extended Lunar New Year holiday, and maintained steep declines by the close. The Shanghai composite fell 7.72% while the Shenzhen component dropped 8.45%. The moves in Chinese stocks were playing catch up as the coronavirus outbreak continues to widen. (CNBC)
    • On today's U.S. economic calendar, both the ISM manufacturing Index and December construction spending are released at 10 a.m. ET. Food distributor Sysco (SYY) is one of the few companies set to release quarterly earnings this morning, while Google parent Alphabet (GOOGL) grabs the spotlight in today's after-the-bell reports. The pace of earnings reports picks up substantially over the next few days, with 86 S&P 500 companies scheduled to issue numbers. (CNBC)
    • Sen. Bernie Sanders, former Vice President Joe Biden, Sen. Elizabeth Warren and former Mayor Pete Buttigieg all have a good chance to leave today's first-in-the-nation Iowa presidential caucuses with the most delegates. Recent polls show a tight race, and the fluid nature of the caucuses suggest any of the leading candidates could enjoy a surprisingly strong showing in the first nominating contest. (CNBC)
    • Iowa caucus: What it is, how it works and why it's important (CNBC)
    • Big Tech faces high-stakes test with Iowa caucuses (CNBC)
    • 'I will pay more': Bloomberg unveils $5 trillion tax plan targeting wealthy and corporations (CNBC)
    • John Kerry overheard discussing possible 2020 bid (NBC News)
    • Senate leaders have reached a deal to postpone the final vote in President Donald Trump's impeachment trial, whether to convict or acquit him, until Wednesday The arrangement delays the vote until after tonight's Iowa caucus, and the president's State of the Union Address, scheduled for tomorrow. (CNBC)
    • Poll: US is split on Trump's removal from office; top Dems lead him in 2020 race (CNBC)
    • Key dates on the US presidential election calendar (Reuters)
    • Italy's health ministry has confirmed health ministers from the Group of Seven will discuss the coronavirus outbreak in a teleconference call at 8 a.m. ET today.The U.S. reported two more coronavirus cases Sunday, for a total of 11. China's reported a total of 361 deaths and 17,205 confirmed cases. (CNBC)
    • Apple temporarily shuts all stores and offices in mainland China (CNBC)
    • Hong Kong leader Carrie Lam announced today the city would suspend 10 out of a possible 13 border crossings with mainland China in an effort to curb the coronavirus. Thousands of medical workers in Hong Kong went on strike, in hopes of convincing the city's government to a complete shutdown of its borders with the mainland. (CNBC)
    • Bernard Ebbers, a former telecom executive convicted in one of the largest corporate accounting scandals in U.S. history, died yesterday, just over a month after his early release from prison. The Canadian-born Ebbers was convicted in New York in 2005 on securities fraud and other charges and received a 25-year sentence. (AP)
    • WeWork reportedly intends to name Sandeep Mathrani, a veteran in the real estate industry, as its new CEO. Mathrani was previously CEO at Brookfield Properties' retail group, and is on the executive board and board of trustees for the International Council of Shopping Centers and the board of directors of Host Hotels & Resorts. (CNBC)
    • It took 50 years, but the wait is now over for the Kansas City Chiefs after coming back from a 10-point deficit in the third quarter to beat the San Francisco 49ers at Super Bowl LIV at Hard Rock Stadium in Miami. The Chiefs, which last appeared in a Super Bowl in 1970, won their second Vince Lombardi Trophy in three Super Bowl appearances. (CNBC)
    • Watch all the Super Bowl commercials right here (CNBC)
    • Tom Brady's cryptic tweet was just an ad for Hulu (CNBC)

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    LAST WEEK'S MARKET MAP:

    (CLICK HERE FOR LAST WEEK'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    LAST WEEK'S S&P SECTORS:

    (CLICK HERE FOR LAST WEEK'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!)

    THIS WEEK'S ECONOMIC CALENDAR:

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

    THIS WEEK'S UPCOMING IPO'S:

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

    THIS WEEK'S EARNINGS CALENDAR:

    ($DIS $GOOGL $SNAP $TWTR $ABBV $F $QCOM $UBER $SYY $SPOT $ON $PINS $TWLO $BMY $CMG $IRBT $CHKP $MRK $CNC $SNE $SIRI $GM $GILD $PTON $BP $ABG $LITE $WYNN $ATVI $CTLT $NSSC $ACM $GOOS $SAIA $DSPG $RACE $RCL $COP $AMG $RL $PLUS $NXPI $MCK $CI)

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

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($SYY $ON $CHKP $ABG $CTLT $SAIA $ACM $DSPG $NSSC $AMG $PINE $LUB)

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

    THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

    ()

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

    T.B.A.

    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.

    FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #4!)

    FRIDAY'S INSIDER TRADING FILINGS:

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

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

    • AIMT
    • LK
    • GILD
    • CLVS
    • CHKP
    • ON
    • YANG
    • XOM
    • ROKU
    • CNP

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus.

    STOCK SYMBOL: LVS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: WYNN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other airline stocks will also be in the spotlight, as new restrictions on travel to and from China are implemented.

    STOCK SYMBOL: DAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: AAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: UAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple (AAPL) – Apple shut down all its stores and corporate offices in mainland China due to the coronavirus. The closure is scheduled to last until Feb. 9.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Aimmune Therapeutics (AIMT) – The drugmaker received Food and Drug Administration approval for the first-ever treatment for peanut allergies.

    STOCK SYMBOL: AIMT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Check Point Software (CHKP) – Check Point reported quarterly profit of $2.02 per share, 3 cents a share above estimates. The cybersecurity company's revenue also beat Street forecasts, boosted by an increase in subscriptions.

    STOCK SYMBOL: CHKP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Boeing (BA) – Boeing faces a new obstacle in getting the grounded 737 Max back in service, according to The Wall Street Journal. The paper quotes people familiar with the matter as saying that European regulators want what they regard as potentially hazardous wiring relocated to avoid short circuits.

    STOCK SYMBOL: BA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Verizon (VZ) – Verizon was downgraded to "neutral" from "outperform" at Credit Suisse, which said the stock lacks positive near-term catalysts. Credit Suisse feels positive influences for the stock are weighted toward the back half of the year, ahead of the mass market launch of 5G service.

    STOCK SYMBOL: VZ

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Seagate Technology (STX) – Seagate was upgraded to "buy" from "hold" at Stifel Nicolaus, pointing to improving fundamentals for the disk drive maker.

    STOCK SYMBOL: STX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Nike (NKE) – The athletic footwear and apparel maker's stock was added to the "Analyst Focus List" at J.P. Morgan Chase, which sees a recent pullback as a buying opportunity. J.P. Morgan points to Nike's innovation and product pipeline.

    STOCK SYMBOL: NKE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Uber (UBER) – Uber was added to the "Best Ideas" list at Wedbush, which feels the ride-hailing service has laid the groundwork for growth, especially amid the streamlining of the Uber Eats operation.

    STOCK SYMBOL: UBER

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Northrop Grumman (NOC) – The defense contractor's stock received a double downgrade at Goldman Sachs, which pushed its rating to "sell" from "buy." Goldman said the company's organic revenue growth is slower than that of its peers and that profit margins are compressing.

    STOCK SYMBOL: NOC

    (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 is 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 Monday, February 3rd, 2020! :)

    submitted by /u/bigbear0083
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    GOOGL BEATS EARNINGS, MISSES REVENUE ESTIMATES

    Posted: 03 Feb 2020 01:38 PM PST

    • Q4 '19 revenue minus traffic acquisition costs (TAC): $37.57 billion. Wall Street had predicted $38.39 billion in revenue on that basis. In the fourth quarter of 2018, Alphabet posted $31.84 billion.​
    • Q4 '19 earnings per share (EPS): $15.35. Analysts were expecting $12.50 a share. In the year-prior quarter, the company earned $12.77 a share.​
    • Q1 '20 revenue minus TAC (analyst forecast): $35.27 billion. Per usual, the company didn't offer any forecast for the period. In the same period a year ago, Alphabet posted $29.48 billion in sales on this basis.​
    • Q1 '20 EPS (forecast): $12.31. The company didn't offer any earnings-per-share guidance for the upcoming quarter. Alphabet earned $9.50 a share in the first quarter last year, a period in which it recorded a $1.7 billion fine from the European Commission.
    submitted by /u/Baeshun
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    Can someone please tell me why TSLA isn’t a good investment right now ?

    Posted: 03 Feb 2020 12:42 PM PST

    Is it a good idea to invest in Tesla and Amazon right now?

    Posted: 03 Feb 2020 09:51 AM PST

    Both are at all time highs and I don't have positions in either. I'm looking to hold long term and looking to invest $4k in both. Would it make sense to invest now or cost avg over the next couple weeks?

    submitted by /u/overheardreddit
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    China Stocks fell 8-9% but GXC didn't drop? Why??

    Posted: 03 Feb 2020 08:05 PM PST

    Investing beginner here. I see that Chinese stocks dropped by 8-9% yesterday but china etf GXC didn't drop. Can you guys please explain to me why?

    submitted by /u/andy4222
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    What's Going On With Tesla Stock!?

    Posted: 03 Feb 2020 08:01 PM PST

    Hi Everyone,

    As you've probably seen TSLA has been going parabolic and I did some digging to see what happened and what might happen next. I found this yt vid that explained the situation pretty well I think: http://y2u.be/9CKTuZndvkI

    It seems like there's gonna be a lot of volatility to both the upside and downside. Regardless, What are are your thoughts on what's goin on with TSLA and where it might be heading?

    submitted by /u/bitchybonita
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    Feb. 4, 2020, Asia business news

    Posted: 03 Feb 2020 06:52 PM PST

    (South Korea🇰🇷) Hanmi Pharmaceutical's blood pressure treatments contributed to the company's revenue growth of 14% to $129 million in 2019.

    Coupang, a giant South Korean e-commerce retailer, is set to maintain the prices of face masks despite increases in price and demand of the items following the coronavirus outburst.

    (Source: The Korea Herald)

    *Japan 🇯🇵

    Package tours to Japan involving at least 400,000 Chinese tourists are expected to be canceled due to the coronavirus outbreak.

    (Source: Japan Today)

    *China 🇨🇳

    GAC Motor, a Chinese automaker, has begun selling electric cars in Israel.

    (Source: Xinhua News Agency)

    *Vietnam 🇻🇳

    Coffee exports from Vietnam, the world's biggest producer of the robusta bean, fell 30.6% to 140,000 year-over-year in January, mainly on account of the country's post-holiday sentiment.

    (Source: Tuoi Tre News)

    *Indonesia 🇮🇩

    A total of 16.1 million foreign tourists are estimated to have visited Indonesia in 2019, failing to reach the government's target of 20 million.

    (Source: The Jakarta Post)

    *US 🇺🇸

    Apple is closing all of its 42 stores in China until Feb. 9 due to the coronavirus outburst.

    Forever 21 signed a deal to sell off its assets for $81 million. The company filed for Chapter 11 bankruptcy 4 months ago.

    (Source: The Associated Press, CNN Business)

    Instagram: @officialtheasians

    Website: theasians.org

    submitted by /u/dylanyang0930
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    This Stock Pays A 20% Dividend Monthly! Thoughts?

    Posted: 03 Feb 2020 05:32 PM PST

    So I found this video: http://y2u.be/5tr9_4XM7BE

    that talks about a REIT stock (TICKER: MORL) that pays a 20% dividend. It's dividends are paid out monthly as well. I've never seen anything like it and looks like it's somewhat high risk-high reward... Keep in mind it's 2x leveraged!

    What are your thoughts on it?

    submitted by /u/bigboiindawest
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    What's happening this week? Headlines on Tesla, Amazon, Microsoft, Alphabet and Accenture

    Posted: 03 Feb 2020 01:30 PM PST

    📈 ARK Invest, Tesla's biggest bull, set a target price of $7,000 for 2024

    According to a research performed by ARK Invest, Tesla may be worth $7,000 in 2024 and even $15,000 in the bull case. The firm analyzed 3 variables for Tesla: Gross margin, capital efficiency and autonomous driving capabilities. ARK's valuation is based on ten scenarios, each of them probability weighted.

    Tesla financial scores: * Profitability: 1.2/10 * Operating Efficiency: 1.4/10 * Liquidity: 2.5/10 * Solvency: 5/10

    📦 Amazon announced that fourth quarter sales went up 21% to $87.4 billion

    Amazon reported financial results for the quarter ended on December 30, 2019. The company reported earnings per share of $6.48 and a revenue of $87.44B. In the same period last year, Amazon reported earnings per share of $6.04 on revenue of $72.38B.

    Amazon financial scores: * Profitability: 5.4/10 * Operating Efficiency: 2.7/10 * Liquidity: 3.8/10 * Solvency: 6.9/10

    📊 Microsoft reported better than expected earnings and guidance for next quarter

    Microsoft reported financial results for the quarter ended on December 30, 2019. The company reported earnings per share of $1.52 and a revenue of $36.91B. In the same period last year, Microsoft reported earnings per share of $1.08 on revenue of $32.47B. Microsoft expects to earn between $34.1B and $34.9B in the next quarter.

    Microsoft financial scores: * Profitability: 9.2/10 * Operating Efficiency: 9.3/10 * Liquidity: 8.8/10 * Solvency: 7/10

    🤝 Accenture and Google Cloud collaborate to help life sciences companies advance the discovery, development and delivery of innovative therapies

    Accenture and Google Cloud announced that Google Cloud will be the cloud technology provider for Accenture's INTIENT™ life sciences industry platform. The new, multi-year agreement brings Google's cloud and artificial intelligence capabilities together with Accenture's life sciences services and platforms and is intended to help life sciences organizations make their data more accessible, secure and valuable.

    Alphabet financial scores: * Profitability: 7.7/10 * Operating Efficiency: 7.7/10 * Liquidity: 9.3/10 * Solvency: 9.7/10

    📊 Earning reports for this week

    • February 3: Alphabet
    • February 3: American Financial Group
    • February 3: NXP Semiconductors
    • February 3: Check Point
    • February 3: AMG
    • February 3: Asbury Automotive Group
    • February 3: AECOM
    • February 4: Aflac
    • February 4: Chubb
    • February 4: Fiserv
    • February 4: Allstate
    • February 4: Eaton
    • February 4: Ralph Lauren
    • February 4: Cerner
    • February 4: Match Group
    • February 4: Disney
    • February 4: Genworth
    • February 4: Grace
    • February 4: Cummins
    • February 4: Sony
    • February 4: Royal Caribbean
    • February 4: New Relic
    • February 4: Clorox
    • February 4: ConocoPhillips
    • February 4: Allegheny Technologies
    • February 4: Centene
    • February 4: Ferrari
    • February 4: Emerson
    • February 4: Chipotle
    • February 4: Aramark
    • February 4: Ford Motor
    • February 4: Sally Beauty
    • February 4: Atmos Energy
    • February 4: SiriusXM
    • February 4: McKesson
    • February 4: Crown Holdings
    • February 4: Globe Life
    • February 4: Snap Inc.
    • February 4: Anixter
    • February 4: Allergan
    • February 4: Prudential Financial
    • February 5: AMETEK
    • February 5: DTE
    • February 5: GoPro
    • February 5: Twilio
    • February 5: Cubic
    • February 5: MetLife
    • February 5: General Motors
    • February 5: Coty
    • February 5: Cincinnati Financial
    • February 5: EnerSys
    • February 5: Capri Holdings
    • February 5: Merck
    • February 5: Toyota
    • February 5: Suncor Energy
    • February 5: Lincoln Financial Group
    • February 5: Flowers Foods
    • February 5: Peabody Energy
    • February 5: Penske
    • February 5: QUALCOMM
    • February 5: Nuance
    • February 5: UGI
    • February 5: FMC
    • February 5: AvalonBay Communities
    • February 5: Cognizant
    • February 5: Energizer
    • February 5: O'Reilly Auto Parts
    • February 6: Cemex
    • February 6: Manitowoc
    • February 6: Take-Two Interactive Software
    • February 6: FleetCor
    • February 6: Cigna
    • February 6: ESTĒE LAUDER
    • February 6: DXC Technology
    • February 6: AGCO
    • February 6: Zendesk
    • February 6: Yum! Brands
    • February 6: Kellogg's
    • February 6: Fortinet
    • February 6: Cardinal Health
    • February 6: CDW
    • February 6: T-Mobile US
    • February 6: BD
    • February 6: Fortive
    • February 6: Baidu
    • February 6: Ball
    • February 6: Tyson Foods
    • February 6: Twitter
    • February 6: Activision Blizzard
    • February 6: Uber
    • February 6: Pinterest
    • February 6: ABIOMED
    • February 6: Bristol-Myers Squibb
    • February 7: AbbVie

    EDIT: add bullet points

    submitted by /u/mytwm
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    r/StockMarket February 2020 Stock Picking Contest Spreadsheet is now LIVE!

    Posted: 03 Feb 2020 03:52 AM PST

    Crude Oil Support

    Posted: 03 Feb 2020 07:54 AM PST

    Crude oil about to hit multi month support, who is going long?

    submitted by /u/fc1996
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    Tesla is up ONE HUNDRED AND TWELVE DOLLARS!!!!!!!!!!!

    Posted: 03 Feb 2020 12:13 PM PST

    Tesla up 80$. No big deal.

    Posted: 03 Feb 2020 08:07 AM PST

    Lol. TESLA is going to $1000 this week strictly on short covering. Likely 2k by eom.

    Posted: 03 Feb 2020 07:35 AM PST

    Message for Tesla stock holders today 3/2/20

    Posted: 03 Feb 2020 10:36 AM PST

    Hi! My biotech stocks hurt my bank and I am accepting donations. Thank you.

    Venmo: @Ziad-Kedkad PayPal: zkedkad@gmail.com

    Any amount is appreciated

    (For jokes, I'm jealous)

    submitted by /u/ZKitkat
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    $GCGX CEO just posted "$GCGX has just been informed the permit for the vent pipe should be issued very soon. Once Approved, sales of Indulge Oils will officially commence! "

    Posted: 03 Feb 2020 06:32 AM PST

    Gonna be a big day for them again I think. Once that permit goes active, all those revenues officially start.

    $GCGX has just been informed the permit for the vent pipe should be issued very soon. Once Approved, sales of Indulge Oils will officially commence! Please keep watching the following link as it will show the moment the permits are approved.

    https://twitter.com/Global_GCGXOTC/status/1224326051981033474?s=20

    submitted by /u/Hellcat_v8
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    History repeats itself: China

    Posted: 03 Feb 2020 01:55 AM PST

    Recall what Chernobyl did to the USSR

    Soviet bureaucracy and empty pride slowed down response and the fallout was based on lies and lack of admission to coverup the extent of the radiation until it was too late. The Soviets eventually dissolved and Gorbachev pinpointed Chernobyl as the nucleus of the decay. No pun intended.

    I see a lot of parallels with this coronavirus events in China. Don't want to speculate it's a bio-weapon but people in China have been eating all kinds of weird shit since the old dynasties. They as a people are strong and genetically accustomed to weird food. If bats didn't kill you in the 15th century, it isn't magically appearing in 2019.

    Nonetheless, a lot of parallels to Chernobyl. Slow response. Lax mitigation strategy. And now a suspension on futures trading. Suspending any form of market is the surest way to accelerate a selloff.

    I also think the world, esp S&P500 corporate America placed all eggs in one basket with this level of dependency on China for supply line and manufacturing. Hopefully this is a wake up call to diversify and also bring some manufacturing back home.

    There is no long term impact to growth if you make more things at home. Some astronomical executive salaries will have come back to the ground like they used to be in the 70s

    submitted by /u/beyondmeatdick
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