Stock Market - Markets cheer as the Federal Reserve cures coronavirus with cheap money

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• Markets cheer as the Federal Reserve cures coronavirus with cheap money
• Trading app Robinhood experiencing ‘major outage’ for a second day amid heavy volume market action
• I have 10k in savings, and I've recently discovered that I'm going to die within the next three years. Where do I dump my money?
• Why stocks are tumbling despite the Fed’s surprise interest rate cut
• Robinhood users lash out on Twitter as outage keeps them on sidelines of market rally
• Suspicious Insider Purchasing Activity at Salarius Pharmaceuticals ($SLRX)
• Today's Stock Market News [Tuesday, March 3rd, 2020]
• Upcoming Week
• Moves on the dip
• Were the rate cuts useful/necessary?
• What are some high caliber stocks you would buy during the dip
• Stocks To Watch Today - Mar 03, 2020 - Top 11 Ideas
• The next gold rush lies within plants. Buy stonks in these startups.
• Am I the only one worried about this?
• Any Point In Investing A Couple Hundred Dollars?
• What stocks do you guys put in your IRA?
• First Ever Publicly Traded Psychedelics Company Soars over 22% on First Day of Trading
• Coincidence?
• Episode 11: How much money do I need to start investing? (Dividend Investing)
• Helpful: Daily percentage price changes in the Dow Jones from 1896 to the present
• Most Anticipated Earnings Releases After the Close Today (3/3) and Before the Open Tomorrow (3/4)
• 2020 IPOs
• what should I do about my retirement fund?
• Pulling the Plug

Markets cheer as the Federal Reserve cures coronavirus with cheap money Posted: 03 Mar 2020 02:57 PM PST https://thestonkmarket.com/2020/03/03/markets-cheer-as-the-federal-reserve-cures-coronavirus-with-cheap-money/ Wall Street – Markets cheered this morning after the Federal Reserve cured the coronavirus by cutting interest rates by 50 basis points. "It is exciting how much medical power the Federal Reserve has just by cutting interest rates," a doctor at Cambridge Medical Center of Incurable Diseases stated. "With just a click of a button the Federal Reserve did the impossible and found the cure to the coronavirus. Who knew the cure to the coronavirus was cheap money?" Communities around the globe applauded as helicopter money was literally dumped from the skies. Many people later took to the social media app Tik Tok and shot up United States Dollars into their veins. "I instantly felt better after shooting up cheap money into my veins," a social media influencer with the coronavirus said. President Trump later made the statement that the Federal Reserve needs to cut rates further so we can solve other incurable diseases like cancer and aids. Despite the rate cut, travel stonks continued to fall deeper into the red. Apparently, no matter how cheap money is, consumers still don't want to be caught dead on a cruise ship. submitted by /u/hermanhugh666 [link] [comments]

Trading app Robinhood experiencing ‘major outage’ for a second day amid heavy volume market action Posted: 03 Mar 2020 08:16 AM PST https://www.cnbc.com/2020/03/03/trading-app-robinhood-experiencing-major-outage-for-a-second-day-amid-heavy-volume-market-action.html Robinhood saw a second day of glitches that kept clients from trading as markets rebounded. "We are experiencing a system-wide outage," a message reads on Robinhood's website. The start-up's technical issues began Monday morning and lasted throughout the trading day, leaving users with their hands tied as the Dow Jones Industrial Average's biggest one-day point gain in history. submitted by /u/coolcomfort123 [link] [comments]

I have 10k in savings, and I've recently discovered that I'm going to die within the next three years. Where do I dump my money? Posted: 03 Mar 2020 10:01 AM PST As the title says, I've got 10k looking pretty in the bank but I'm not going to live through this decade because of a health problem that's been dogging me since I was born; I don't care if I lose it all, what can I do to have the highest chance of making the most over the course of a year or two? There are a lot of things I want to do before I die and 10k isn't enough for half of them. submitted by /u/The_Anchorite [link] [comments]

Why stocks are tumbling despite the Fed’s surprise interest rate cut Posted: 03 Mar 2020 01:28 PM PST Monetary policy has limited ability to counter the supply shock investors fear as coronavirus continues to spread Stock-market investors weren't taking much comfort Tuesday from the Federal Reserve's decision to cut its benchmark interest rate by half a percentage point in a rare, inter-meeting move aimed at cushioning the economy from disruptions from the global spread of COVID-19. "I think the Fed rates cuts backfired in many ways. Instead of soothing the market, it's reignited investors' worst fears," Michael Arone, chief investment strategist for State Street Global Advisors, told MarketWatch in a phone interview. Stocks initially jumped after the announcement, but gains proved short-lived. The Dow Jones Industrial Average DJIA, -2.94% fell nearly 1,000 points at its session low and remains down more than 650 points, or 2.5%, while the S&P 500 SPX, -2.81% and Nasdaq Composite COMP, -2.99% remain down more than 2%. Stocks had bounced back sharply on Monday, taking back a chunk of the previous week's steep losses that were tied to growing fears the spread of the coronavirus would deliver a global economic shock. Meanwhile, investors piled into haven assets, including Treasurys, driving the yield on the benchmark 10-year note TMUBMUSD10Y, -12.56% below 1% for the first time ever. Yields fall as debt prices rise. What gives? Here's what analysts and investors are saying about the Fed decision and the market reaction so far: Things may be worse than they look While an interest rate cut was good for a knee-jerk positive reaction in equity indexes, gains soon faded as the initial euphoria gave way to questions about just how worried policy makers must be to prompt such a rare move. It signals to investors "that policy makers are grasping significant uncertainty and rapidly mounting downside risks," said Lara Rhame, chief U.S. economist at FS Investments, in an interview. Wrong medicine for a supply shock There is also the longstanding question of how effective monetary stimulus, and even some forms of fiscal stimulus, can be in the face of what is likely to be a "supply shock" — the type of economic hit caused by the absence of goods and services as the virus forces factory shutdowns and curtails transportation and travel. Monetary and fiscal stimulus is typically aimed at mitigating demand shocks, which are sharp cutbacks in spending by households, businesses or governments. more... https://www.marketwatch.com/story/why-the-stock-market-isnt-cheering-the-feds-surprise-interest-rate-cut-2020-03-03 submitted by /u/LightningPlus [link] [comments]

Robinhood users lash out on Twitter as outage keeps them on sidelines of market rally Posted: 02 Mar 2020 09:42 PM PST https://www.cnbc.com/2020/03/03/robinhood-users-lash-out-on-twitter-as-outage-keeps-them-on-sidelines.html Hundreds of angry Robinhood users took to Twitter and Reddit to blast the start-up after a technical outage kept users from trading Monday. Some threatened to leave the platform, while others called for a class-action lawsuit. The start-up is likely protected from a legal stand-point. But analysts wonder about the damage to the start-up's reputation, and unwanted attention from regulators. submitted by /u/coolcomfort123 [link] [comments]

Suspicious Insider Purchasing Activity at Salarius Pharmaceuticals ($SLRX) Posted: 03 Mar 2020 10:38 AM PST Salarius Pharmaceuticals, Inc. ($SLRX) is a clinical-stage oncology company targeting cancers caused by dysregulated gene expression (and an unsuccessful one at that, as you can see from their stock price). They recently hitten their all-time low (down more than 90% this year), but a whole bunch of executives and directors just bought stock. Key Points: - SLRX is down almost 90% this year - A bunch of executives and directors just purchased common stock and/or a warrant with a right to buy at a price of $1.15 (current price is $0.98). - They recently raised a public offering at a price of $1.15 (this is why most, but not all, of the directors and executives above purchased - 2 executives didn't buy during the public offering but bought afterward when the stock was under $0.90 *Original article (with images) here submitted by /u/Connorvo [link] [comments]

Today's Stock Market News [Tuesday, March 3rd, 2020] Posted: 03 Mar 2020 06:10 AM PST Good morning traders and investors of the r/StockMarket sub! Welcome to Tuesday. Here is your stock market news this AM- (CLICK HERE TO VIEW THE FULL SOURCE!) Today's Top Headlines for Tuesday, March 3rd, 2020 Dow futures, in another volatile overnight session, were pointing to losses at Tuesday's open on Wall Street after a morning statement from G-7 central bankers and finance leaders contained no specific actions to combat the economic risks of the coronavirus. (CNBC) Trump asks Fed for 'big cut' after Australia slashes rates on coronavirus impact (CNBC) Hopes for action from the Fed and world central banks to mitigate the impact of the coronavirus sparked a powerful rally Monday. The Dow soared nearly 1,300 points or 5% after last week's plunge.(CNBC) 10-year Treasury yield moves higher after hitting a record low Monday (CNBC) Investors will be looking for signs of how the coronavirus may be affecting retailers Target (TGT) and Kohl's (KSS) when they hold conference calls after issuing earnings. Target reported mixed fourth-quarter results before the bell. Kohl's beat on the top and bottom lines and hiked its dividend by 5%. Nordstrom leads Tuesday afternoon's retail earnings reports. (CNBC) Automakers are expected to report February sales throughout the day. There are no U.S. economic reports from the government this morning. Two regional central bank presidents, Chicago Fed President Charles Evans and Cleveland President Loretta Mester speak today. The spread of the coronavirus in China is slowing while new cases in many other countries are accelerating. The vast majority of the more than 91,000 global cases and over 3,100 deaths are still in China. (CNBC) Facebook, Google, Microsoft, Adobe pull out of more conferences as coronavirus spreads (CNBC) Uber acknowledges coronavirus poses material risk to its business (CNBC) Visa flags hit to Q2 revenue due to coronavirus outbreak (Reuters) New cases in South Korea surged by 851 on Tuesday, bringing total infections there to more than 5,100, including 31 deaths. Italy's cases rose to more than 2,000 with 52 deaths. (CNBC) Pope tests negative for coronavirus, Italy report says (Reuters) The U.S. has at least 91 coronavirus cases with at least six deaths. On Capitol Hill, aides said negotiations were nearing completion on an emergency funding bill to develop a vaccine and offer disaster loans to businesses hurt by the crisis. (AP) How grocery stores are trying to prevent 'panic buying' as coronavirus causes stockpiling, emptying shelves (CNBC) Vermont Sen. Bernie Sanders and former Vice President Joe Biden are vying for a victory in Texas, the second biggest delegate haul among the 14 states holding Democratic presidential nominating contests on Super Tuesday. (CNBC) Super Tuesday polls are opening: Here are the states holding 2020 Democratic primaries and what's at stake (CNBC) Billionaire ex-New York City Mayor Mike Bloomberg, on ballots for the first Tuesday, and Massachusetts Sen. Elizabeth Warren could also win delegates as the primary field shrinks. (AP) Tesla and SpaceX CEO Elon Musk jumped to the defense of fellow tech billionaire Jack Dorsey last night, as the latter faces pressure from an activist investor to step down as the CEO of Twitter. (CNBC) JMP upgrades Tesla with highest price target on Wall Street, shares soar (CNBC) Hundreds of angry Robinhood users took to Twitter and Reddit to blast the start-up after a technical outage kept users from trading during * Monday's huge rally. Some threatened to leave the platform, while others called for a class-action lawsuit. (CNBC) A bipartisan group of lawmakers unveiled legislation that would hold e-commerce companies like Amazon or eBay liable for counterfeit products sold on their platforms as U.S firms struggle to combat the sale of fake goods online. (CNBC) 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!) 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: ($TGT $PLUG $JD $ZM $COST $TLRY $AZO $KSS $SPLK $DLTR $VEEV $XRAY $SE $MRVL $FOLD $KR $OKTA $STNE $BLDP $BURL $CIEN $ALBO $MAXR $ANF $ITCI $FNKO $JWN $EPRT $VIPS $GTT $CORE $BNFT $LVGO $EVRG $ROST $EGRX $AOBC $TGLS $ATRS $HPE $NWN $WVE $WSC) (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!) THIS MORNING'S PRE-MARKET EARNINGS CALENDAR: ($TGT $AZO $KSS $SE $ATRS $AUTL $IGT $AFI $INSW $TGTX $STIM $CHFS $MYE $SHLO $FOE $SCM $TDW $ITMR $NCSM $HCM) (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!) 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!) YESTERDAY'S ANALYST UPGRADES/DOWNGRADES: (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!) (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!) (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!) (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!) YESTERDAY'S INSIDER TRADING FILINGS: (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #1!) (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #2!) 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: TGT TLRY TGTX QGEN GILD KSS SE CVX DAL CRON THIS MORNING'S STOCK NEWS MOVERS: (source: cnbc.com) Target — Target shares dipped about 0.8% in the premarket after the retailer reported disappointing revenue figures. The company posted revenue of $23.4 billion for the previous quarter. That's slightly below a Refinitiv estimate of $23.5 billion. Same-store sales — a key metric for retailers — came in line with expectations. STOCK SYMBOL: TGT CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Kohl's — Kohl's rose 4% on the back of quarterly results that easily beat analysts' expectations. The retailer reported earnings per share of $1.99 on $6.537 billion. Analysts polled by Refinitiv expected a profit of $1.88 per share on revenue of $6.523 billion. Same-store sales were flat while analysts expected a decline of 0.1%. STOCK SYMBOL: KSS CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Uber — The ride-sharing company acknowledged in a regulatory filing the coronavirus poses a material risk to its business in a regulatory filing. Uber mentioned the coronavirus five times in the filing, noting it could disrupt operations outside the U.S. Separately, an analyst at Needham put Uber in his "conviction list" as the coronavirus outbreak has "created a very attractive buying opportunity." STOCK SYMBOL: UBER CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) AB InBev — An analyst at Bank of America downgraded the beer-making giant to "neutral" from "buy," citing "near term headwinds" such as lower earnings out of Brazil and the coronavirus outbreak. STOCK SYMBOL: BUD CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Advanced Micro Devices — AMD was upgraded to "overweight" from "neutral" by an analyst at Piper Sandler who noted the broader market's recent pullback "provides an attractive opportunity for long-term investors" who want to buy into the stock. STOCK SYMBOL: AMD CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Tesla — The electric car maker was upgraded to "market outperform" from "market perform" by an analyst at JMP Securities. The analyst also issued a price target of $1,060 per share, which represents a 42.5% upside from Monday's close of $743.62 per share. "Investors may find themselves with additional near-term opportunities to buy the stock as TSLA works through the first half of 2020 and the impact of COVID-19 becomes apparent," the analyst said. STOCK SYMBOL: TSLA CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Tilray — Tilray tumbled more than 13% after the cannabis company reported quarterly revenue numbers that missed analysts' expectations. The company posted sales of $46.9 million in the previous quarter. That's below a Refinitiv estimate of $55.4 million. "We have faced industry challenges, but we remain committed to driving long-term value for our shareholders," CEO Brendan Kennedy said in a statement. STOCK SYMBOL: TLRY CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Visa — The credit card giant warned its second-quarter revenue growth could be about 2.5 to 3.5 percentage points below its previous guidance amid pressure from the coronavirus outbreak. STOCK SYMBOL: V CLICK HERE FOR CHART! (CLICK HERE FOR LIVE STOCK QUOTE!) Microchip Technology — The chipmaker's stock dropped more than 1% after the company warned of flat sales for fiscal fourth quarter. "We see very weak demand in Asia, especially in China, driven by the COVID-19 fears, and customers returning to work at a slower pace than anticipated," Microchip Technology said in a statement. STOCK SYMBOL: MU CLICK HERE FOR CHART! (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 Tuesday, March 3rd, 2020! :) submitted by /u/bigbear0083 [link] [comments]

Upcoming Week Posted: 03 Mar 2020 05:20 PM PST What is everyone's opinion on how the markets are going to behave for the rest of the week? I got into the SPY last Friday thinking things were levelling out but bailed locking in 3% before things really tanked today - I feel the downwards momentum even with the rate cut is an indication that the drawback will continue. Thoughts? submitted by /u/Hammeron35 [link] [comments]

Moves on the dip Posted: 03 Mar 2020 01:08 PM PST Anyone seizing this moment on the dip? Looking at BUD & DK but idk if market will keep getting lower. submitted by /u/bowlercar [link] [comments]

Were the rate cuts useful/necessary? Posted: 03 Mar 2020 07:53 AM PST The Federal Reserve cut rates in response to coronavirus fears. But the Federal Reserve surely can't control this as it isn't an economic issue. Rate cuts would just be a temporary relief and in the long term a waste. Only thing that can help the markets is an announcement for a vaccine or containment of the spread. Views? submitted by /u/LanXlot [link] [comments]

What are some high caliber stocks you would buy during the dip Posted: 03 Mar 2020 07:18 PM PST I'm talking about companies like Microsoft and Visa with fundamentals to back up valuation. Not speculative companies like virgin atlantic. submitted by /u/Tenesmus83 [link] [comments]

Stocks To Watch Today - Mar 03, 2020 - Top 11 Ideas Posted: 03 Mar 2020 04:20 AM PST Hey guys, every day I scan the market to find best opportunities for the next day. Here is the list of stocks I found. If you want to watch why I picked all these stocks let me know there is 7 minute video on youtube. Gl with trading today. ​ Longs LPTX EXTN ANAB NGVT VIRT TXRH CYH KPTI AXSM ​ Shorts NVAX MRNA submitted by /u/DaytradingStars [link] [comments]

The next gold rush lies within plants. Buy stonks in these startups. Posted: 03 Mar 2020 06:55 PM PST https://www.nytimes.com/2020/02/26/science/metal-plants-farm.html submitted by /u/sage6paths [link] [comments]

Am I the only one worried about this? Posted: 03 Mar 2020 06:33 PM PST ‪There's a lot of award winning doctors that are saying that there will be thousands of Americans that will test positive for the corona virus by next week. If that's true the stock market would probably plummet right? Am I crazy for holding 100% in cash waiting this out? ‬ submitted by /u/flappyhok69420 [link] [comments]

Any Point In Investing A Couple Hundred Dollars? Posted: 03 Mar 2020 09:25 AM PST Always been a little FOMO, but haven't got into stocks or investing as of yet. I'm young and broke and going to trade school in the Fall. Seems like it could be a good time to invest but I only have a couple hundred extra sitting around after expenses. submitted by /u/Bigchimah [link] [comments]

What stocks do you guys put in your IRA? Posted: 03 Mar 2020 11:00 AM PST Just curious as to what stocks you guys use for your IRA, I am currently using fidelity. I use the Fidelity Contrafund 500. Was thinking ab buying some aapl and amazon during this inevitable dip (if aapl hits 250 maybe buying 3-4)? Thanks. submitted by /u/bobb000h [link] [comments]

First Ever Publicly Traded Psychedelics Company Soars over 22% on First Day of Trading Posted: 03 Mar 2020 04:47 PM PST submitted by /u/CurtD34 [link] [comments]

Coincidence? Posted: 03 Mar 2020 10:43 AM PST SPY was green in the AM, now that RH is back up, it's on a steady decline currently sitting at -2.3%. Coincidence? submitted by /u/RLaG69 [link] [comments]

Episode 11: How much money do I need to start investing? (Dividend Investing) Posted: 03 Mar 2020 04:29 PM PST Have you ever wondered how much money you need to start investing? Do you have money set aside in an emergency fund? I wanted to finally make a video addressing these questions as well as showing off my two new stocks I have added to my portfolio with Target and Chase. In this episode I also answer a users comment/question and go into detail as to just how much money you need to start investing. Make sure to drop a like and if you are new to the channel to Subscribe if you like the content. I greatly appreciate all of the love so far and look forward to continuing this journey. https://youtu.be/b7bItcC5qs4 submitted by /u/dontfaulkup28 [link] [comments]

Helpful: Daily percentage price changes in the Dow Jones from 1896 to the present Posted: 03 Mar 2020 10:19 AM PST I thought this could be helpful for dd since there aren't many resources that have this data with daily percentage changes already calculated for you. http://www.thedowcast.com/dow-jones-historical-prices--1896---present-.html submitted by /u/thedowcast [link] [comments]

Most Anticipated Earnings Releases After the Close Today (3/3) and Before the Open Tomorrow (3/4) Posted: 03 Mar 2020 10:18 AM PST submitted by /u/bigbear0083 [link] [comments]

2020 IPOs Posted: 03 Mar 2020 04:07 PM PST Are you guys anticipating any good/promising IPOs anytime soon? Is there a good resource you guys use to look these up? submitted by /u/Ocilla [link] [comments]

what should I do about my retirement fund? Posted: 03 Mar 2020 11:50 AM PST Should I reallocate so it's not as many stocks right now? I'm 45. submitted by /u/dondon63 [link] [comments]

Pulling the Plug Posted: 03 Mar 2020 11:24 AM PST I'm not a super experienced investor, mostly just add money every paycheck into a betterment roth and a wealthfront brokerage account. I'm sure the market will eventually recover and historically there are gains 6-12 months after a viral outbreak so in all likelihood Im just gonna keep adding money to my accounts every paycheck. Now, hypothetically when do you guys pull the plug and pull all of your money out of your accounts to avoid total loss? What signs are you all looking for? What's your tipping point for jumping ship? Edit This post is more interested in the average active investor, what are some of the metrics you're using to gauge market health etc submitted by /u/ninjadude93 [link] [comments]

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