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    Thursday, April 9, 2020

    Stocks - Rate My Portfolio - r/Stocks Quarterly Thread March 2020

    Stocks - Rate My Portfolio - r/Stocks Quarterly Thread March 2020


    Rate My Portfolio - r/Stocks Quarterly Thread March 2020

    Posted: 01 Mar 2020 04:08 AM PST

    Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.

    Why quarterly? Public companies report earnings quarterly; many investors take this as an opportunity to rebalance their portfolios. We highly recommend you do some reading: A list of relevant posts & book recommendations.

    You can find stocks on your own by using a scanner like your broker's or Finviz. To help further, here's a list of relevant websites.

    If you don't have a broker yet, see our list of brokers or search old posts. If you haven't started investing or trading yet, then setup your paper trading.

    Be aware of Business Cycle Investing which Fidelity issues updates to the state of global business cycles every 1 to 3 months (note: Fidelity changes their links often, so search for it since their take on it is enlightening). Investopedia's take on the Business Cycle and their video.

    If you need help with a falling stock price, check out Investopedia's The Art of Selling A Losing Position and their list of biases.

    Here's a list of all the previous portfolio stickies.

    submitted by /u/AutoModerator
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    r/Stocks Daily Discussion & Options Trading Thursday - Apr 09, 2020

    Posted: 09 Apr 2020 01:06 AM PDT

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post.

    Some helpful day to day links, including news:


    Required info to start understanding options:

    • Call option Investopedia video basically a call option allows you to buy 100 shares of a stock at a certain price (strike price), but without the obligation to buy
    • Put option Investopedia video a put option allows you to sell 100 shares of a stock at a certain price (strike price), but without the obligation to sell

    See the following word cloud and click through for the wiki:

    Call option - Put option - Exercising an option - Strike price - ITM - OTM - ATM - Long options - Short options - Combo - Debit - Credit or Premium - Covered call - Naked - Debit call spread - Credit call spread - Strangle - Iron condor - Vertical debit spreads - Iron Fly

    If you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    Everyone all together. Say it with me: "I have never lived through a pandemic and I have no idea what the market is going to do."

    Posted: 09 Apr 2020 05:59 AM PDT

    You don't know what's going to happen. I don't know whats going to happen. Almost anyone's guess is just as good as the other right now.

    Don't indulge in overconfidence. Don't stress yourself out. What happens will happen. Commit to your decisions.

    Take a deep breath.

    EDIT:

    *> Makes a thread reminding people that they don't know whats going to happen

    *> Gets an inbox full of replies telling me whats gonna happen.

    Well done /r/stocks. Another Whoosh

    submitted by /u/stupid_drunk_asshole
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    Stock market is going to take a huge dip next week

    Posted: 09 Apr 2020 11:21 AM PDT

    Because i just invested half of my remaining cash

    submitted by /u/SaplingCub
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    Powell says US economy is deteriorating at an alarming speed AFTER the $2T stimulus announcement

    Posted: 09 Apr 2020 12:37 PM PDT

    https://www.msn.com/en-us/money/markets/fed-chair-powell-says-us-economy-deteriorating-with-alarming-speed/ar-BB12o0Ak

    So Powell believes the U.S. economy is deteriorating at an alarming speed AFTER the feds announced the 2 trillion injection. He also implies this will alleviate some of the pain but clearly it's not going to be enough. He also disagrees with Trump that the economy could be opened up in May. He said it is most likely potentially July.

    To me, Powell's opinion has made the most sense so far. Discuss.

    submitted by /u/GenesisG80
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    Markets rip higher as jobless claims total 6.6 million vs 5 million expected

    Posted: 09 Apr 2020 05:37 AM PDT

    Coronavirus is good for the economy confirmed.

    submitted by /u/taran93
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    Racking up National debt, thousands of business on the verge of bankruptcy, unemployment at record highs, so naturally the market GOES GREEN BABY.

    Posted: 09 Apr 2020 02:54 PM PDT

    This is all happening thanks to that Put I bought yesterday.

    submitted by /u/PunjamonPrince
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    I'm getting annoyed.

    Posted: 09 Apr 2020 02:54 AM PDT

    There's a fake market with Fed pumping unlimited money into it. There's a president selling bullshit every press conference, contradicted by experts every time. US will feel the downside of their failing healthcare system and we won't even see the death peak for weeks.

    Still markets are going up every day? 21% since March 23. Two and a half weeks ago, around the time covid-19 was about to start spreading throughout US.

    Maybe it's because I'm more of a bear investor, but I don't feel comfortable investing in an upwards market. I feel like it's gonna go down hard when I buy some stocks. I guess patience is a thing, but I'm struggling though.

    submitted by /u/CapitalC5
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    Crazy that in this crisis, millions are losing their jobs and savings, while some with capital could essentially double their net worth.

    Posted: 09 Apr 2020 08:15 AM PDT

    50% of population owns no stock. 10% of population owns 90% of all stocks and counting. This is why people want a more even playing field with a more robust safety net. Not complaining as much as pleading with all of you with a conscious to think about this imbalance the next time you vote. We are all in this together, but the worse inequality gets, the worse off the vast majority of us will be.

    submitted by /u/kazillionair
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    INVERSE ETFs

    Posted: 09 Apr 2020 01:13 PM PDT

    I've held $SDOW & $SPXS this whole week with heartbreak after heartbreak each day. I know you're not supposed to hold 3x exposures over multiple days but I'm at the point where I just feel like letting it ride over the long weekend.

    I know what you're thinking, that takes balls cotton (& some stupidity). But when yours are hanging as low as mine and no longer give any f*cks, the only thing left to do is LET IT RIDE!!!

    Misery loves company

    submitted by /u/_LJQ_
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    Oil over the weekend

    Posted: 09 Apr 2020 01:11 PM PDT

    Where do y'all think crude prices are headed for Monday morning?

    submitted by /u/shantzybear
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    Do you think this is a bull trap?

    Posted: 09 Apr 2020 10:19 AM PDT

    This market rally is insane this week. Even hedge fund managers and billionaire investors can't understand it. I understand that the feds are helping but don't investors realized that they're devaluing the dollar and also there's not gonna be a v shaped recovery.

    There has to be a pull back before we go up another rally. Would you agree this is a bull trap?

    submitted by /u/NYCambition21
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    Selling shares before the company is acquired?

    Posted: 09 Apr 2020 04:13 PM PDT

    Hi Everyone,

    I have a general question that the community could hopefully provide some advice on. I currently own positions in Fitbit, and Fitbit was acquired (acquisition pending) for $7.35 a share by Google. The stock is now around the $6.65ish mark and I was wondering if it would make more sense to sell my shares now to try and re-invest that money during this market downturn, or if it would make more sense to wait until the deal goes through. The deal is expected to be completed by November, or else Google has to pay Fitbit a few hundred million dollars. Just under a third of my shares were purchased in June and August of last year, so they would not be considered long-term gains. Additionally, if a company is acquired by another company, are shares purchased within the last year taxed as normal income?

    Thank you very much in advance for your help!

    submitted by /u/witty__username5
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    Do Not FOMO!

    Posted: 09 Apr 2020 08:31 AM PDT

    Just as one would say that most of the negative news was baked in during the steep decline, the opposite is currently happening. Positive news of Covid slowdown, possibility of opening up, Feds printing more money and oil deal is becoming irrationally exuberant. The fact that no definitive treatment, no vaccination, terrible company earnings/guidance and that business will not be able to turn a switch on and immediately and be back to pre-pandemic level will have this economy in a tailspin for may months to come. It may not get to March 23 lows but this rally is definitely getting long in the tooth. Good Luck to all.

    submitted by /u/UltimateRewards
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    Bulls vs. Bears

    Posted: 09 Apr 2020 09:32 AM PDT

    We've all been seeing posts that are constantly bombarding us with bear vs. bull point of views, whether we've already passed the bottom or whether the worst it yet to come, whether this will be a V vs. L vs. U shaped recovery, etc.

    I just wanted to provide my humble POV in the midst of all this chaos. Full disclosure: I am no expert of stock markets nor a chart reader but as the saying goes If it looks like a duck, swims like a duck, and quacks like a duck...

    So let's look at our current situation and ask yourselves this one question. Is it really probable and possible for the market to rebound within a few weeks without any repercussions after the entire world was shut down? Just think about that for a minute, the whole world's economy was essentially shut down. This black swan event was a paradigm shift in our life, an inflection point that will forever change families, businesses, habits, health care, etc. We haven't even begun to comprehend the secondary and tertiary impacts this global event will have and our markets are acting like this was a little cold and it'll be business as usual just weeks/months after we come out of this. Not to mention the fact that we still don't have a vaccine for this bug. There is also a strong possibility for this illness to resurface come fall just like the common flu (except no vaccine for this strain).

    To my BULLS: I say in the long term yes we will surpass this blip and the market will be soaring again. Please practice caution, especially with the Feds artificially propping up the market, there will be consequences later down the road (inflation, stock bubble, etc.). But no doubt I believe in America and in the long run we will prosper.

    To my BEARS: Don't panic and buy into the bull rally or have FOMO of missing the bottom. I refer you back to the duck analogy. Our instincts and logic tells us something is not right, how is it that when the negative data is released about unemployment or the illness that markets behave irrationally. The Feds are doing their best to keep the market artificially inflated. But this is a massive boat called the US economy, with holes forming on a daily basis. Yes the Fed will plug as many holes as they can but they will miss some. That will be your opportunity to get back into the market when that happens.

    Good luck and safe investing!

    submitted by /u/berrybore
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    Want to invest $15k safely for a 4-5 year hold. Are my picks good?

    Posted: 09 Apr 2020 03:30 PM PDT

    I'm thinking to buy the following stocks and ETFs as close as possible to these target prices. Are these good choices? Should I cut down the number of companies I invest in?

    AAPL 230 x 8 =$1840

    GOOG 1150 x 4 =$4600

    BA 120 x 20 =$2400

    Berk B 170 x 10 = $1700

    VOO 220 x 10=$2200

    SPY 250 x 10=$2500

    Of course, this assumes a bearish outlook with red in the future. Are there any I should reconsider or replace?

    I'm looking for safe investments that will have decent value in 4 years or so. Dividends are nice too, although probably not gonna help much at this level. Thanks!

    submitted by /u/debatedood221
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    This is why the market is going up

    Posted: 09 Apr 2020 10:09 AM PDT

    There are a lot of posts with confused people who saw a certain trigger on the news today/this week (unemployment numbers, or deaths in a certain city peaking, etc.) but yet saw their stocks go up. You have to realize that the market is all about predicting. People are starting to see the finish line, whether it's trend lines showing deaths decreasing near the end of the month, or China opening everything up. You'll hear things like "it's already factored in". That means when a company announces in a month or two that they are opening their doors for business, it's too late to invest because a bunch of people predicted that a month ago. That being said, if you're predicting that it's going to get a lot worse than it is right now in 2 months, then short everything and ride your bet out. Your bet is just based off a prediction.

    submitted by /u/funnyman4000
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    The Oil Deal

    Posted: 09 Apr 2020 02:22 PM PDT

    How does this affect oil stocks? Are those who were bullish like with OAS lowered their stakes?

    submitted by /u/insert-cannyusername
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    Question about protecting portfolio value in a downturn or crash

    Posted: 09 Apr 2020 03:38 PM PDT

    If you strongly expect a market crash (like the one we saw mid-March) or a significant downturn/recession, but want to hedge against near-term price gains and avoid having to time the market, which below option is best?

    I ask this question to learn something as I spend time dissecting what opportunities I had, for instance, at the beginning of March. Also to perhaps learn something for the future if world-changing events like these happen again.

    Here's where you tell me to stay put and wait it out because markets recover! I do understand this (it's the position I'm currently in), but I'm trying to learn other strategies to see if these are things I can execute upon in the future.

    Scenario
    - A portfolio comprised only of long equity positions (e.g. AAPL, BA, KO, NFLX, NVDA, WMT, and more)
    - Positions are each valued at $5000+
    - A sizable cash position

    Actions I'm Trying to Understand
    1. sell everything, buy near-the-money calls in each equity with 60-90 day expirations
    2. sell everything, buy near-the-money call LEAPs in each equity
    3. sell everything, buy near-the-money calls in SPY, DVY, IWM
    4. keep everything, buy near-the-money puts in each equity with 60-90 day expirations
    5. keep everything, buy near-the-money put LEAPs in each equity
    6. keep everything, buy near-the-money puts in SPY, DVY, IWM

    Some Additional Questions
    - In any scenario, does selling far out-of-the-money puts at prices I'd be willing to acquire the stocks at make sense?
    - Does it make sense to dollar cost average into an equity and sell puts on it at the same time?
    - Do any of the actions listed above have more advantageous tax/cost basis benefits?
    - Are there strategies I'm missing that are more optimal?

    Thank you thank you!

    submitted by /u/bibnibbler
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    Elementary Thoughts RE: OPEC

    Posted: 09 Apr 2020 10:47 AM PDT

    Global demand for oil down due to everyone staying home. Duh

    OPEC tries to reach an agreement to cut back on oil production since the market is wildly overloaded with inventory. Duh x2

    Saudis and Russians having a squabble as to who is responsible for cutting their production most/ how much each needs to cut

    They (OPEC) agree to cut 10mm barrels/day. We probably needed something closer to 20-30mm/day to meet current supply and demand

    They also do not want the USA to continue to bolster their own fracking while other countries are mandated to cut back production.

    So ... what the FUCK does this mean for all of us, Reddit users who are quarantined and have become day traders.

    I was in on UCO and it's been like a Robert Downey Jr coke binge from the late 90s this morning. It's not even 2pm

    What to buy. What to sell. What's the window. Thanks everyone.

    submitted by /u/Johnk812
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    6.6 million new jobless and 2.3 trillion new loans 04/09/2020

    Posted: 09 Apr 2020 05:53 AM PDT

    Thursday is the last trading day for this week and it will be very interesting, filled with economic data, news and positioning before the extended holiday weekend. US Jobless claims has another record week, 6.6 million new jobless from last week. Continues jobless claims now at 7.5 million, the highest number in history. At the same time the FED announced over 2.3 trillion dollars of main street lending to boost the economy, another unprecedented move. Economic data from Europe was positive, at least for February, as Exports, Industrial production and Manufacturing were positive, higher than expectations. This is good news for Q1 GDP, since March will be highly affected from the outbreak. Markets around the World are neutral to positive. Asian markets were slightly higher with China up 0.5%, South Korea up 1.5%, while Japan was neutral. Europe is still trading at this time, 8 30 AM ET, and all markets are in the green from 0-1%. The British FTSE is leading the way, up 1.0%. US futures were all over the place, up over 1.5% during the night, than down 1% before the unemployment news and now back in positive territory. After the FED announcement at 8 35AT ET they are +0.5%. Oil is up again during the night, trading around 25.80$, up 3.5%. All eyes will be on the OPEC meeting today on the possible 10 million barrel production cut.

    For today's trade, if you did not get in yesterday, oil is still a great way to make money. It jumped 2$ just in the last 12 hours and it will go up even more. Oil under 35$ is not sustainable for most US producers and oil under 50$ is horrible for Russia and Saudi Arabia who's budgets deeply relay on oil money for their economies to function. As for stocks, I will be waiting for the afternoon avoiding the early morning trading. The last hour will be good for Buying and making a quick profits since a lot of short sellers will cover their positions. With the outbreak stabilizing and the FED and Government pumping enormous amounts of money in the economy will drive the market upward and many short sellers today will be wondering whether to cut their losses. Good luck!

    submitted by /u/aleksandarslvk
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    Irrational Exuberance?

    Posted: 09 Apr 2020 11:38 AM PDT

    is the market experiencing irrational exuberance right now? It seems like everyone is acting very greedy. They think the economy is invincible when we are clearly entering a massive recession? Is this the time to be fearful with so much greed out there? How can the market be at the same place it was 6 months ago?

    submitted by /u/BearWIN2020
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    What are your thoughts on beginning to go long on cannabis companies during this time of massive federal, state, and local revenue loss?

    Posted: 09 Apr 2020 11:19 AM PDT

    My theory is that many states -- especially those already on the fence -- will use the upcoming elections to push cannabis referendums and other relevant laws through due to the massive hits everyone is taking to their revenues from COVID. These places need revenue and this is one of the most compelling and convincing cases for fast, new, safe revenue you can pitch to any government in the US.

    I have begun DCA'ing into CGC as they have always been my favorite due to STZ backing. I was fortunate enough to ride the 2018 wave from $25 to $40 and cashed out when their market cap hit that of a medium-sized nation state for no reason. Now I am rebuying about 3-5 shares a day since March. I'm curious what you all think about the potential prospects of legalization perhaps receiving a revitalized push during these trying times and which companies you think may benefit from this?

    submitted by /u/IrregardlessOfFeels
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