Stock Market - What stocks are you looking at for next week? |
- What stocks are you looking at for next week?
- US unemployment at 14.7%, worst since the Great Depression. Don’t worry. Nothing to see here.
- The Economist, May 7 2020 edition: A dangerous gap. The market v the real economy
- Stock Market Recap: What Happened This Week and What You Can Do About It.
- PFE | Pfizer and German partner BioNTech SE said Tuesday they've begun delivering doses of their coronavirus vaccine to US candidates with trials in Germany already underway.
- The performance outlook of tech companies.
- The list of market resources pinned to the top of the sub has been updated!
- Stock watch List May 8, 2020
- Financial statement inaccuracy
- Why didn't the Federal Reserve bailout Enron and Bernie Madoff's ponzi scheme?
- Even Turkey is opening up major malls across the country https://www.al-monitor.com/pulse/originals/2020/05/turkey-coronavirus-first-step-to-reopen-economy-malls.html
- Media coverage of rally
- Investing Amid Outbreak
- Revolve Popped 25% Today
- Significant Insider Trading Activity (Last 7 Days)
- Elite College Endowments
- Looking for a good broker for long term investments
- Help required regarding Stock Market Trading
- How to check the prices at which the company bought its shares as stock buyback?
- (MGNX) MacroGenics next week
- Significant Activist Hedge Fund Activity (Last 7 Days)
- Watchlist: 5/8 Jobs Report, Gold, Bitcoin, Market Doing Great - Economy Not
- Barrons and CNBC Pro
- Dividend Cuts and Suspensions - Week of May 3, 2020
| What stocks are you looking at for next week? Posted: 08 May 2020 03:22 AM PDT
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| US unemployment at 14.7%, worst since the Great Depression. Don’t worry. Nothing to see here. Posted: 08 May 2020 10:51 AM PDT Meanwhile, many of my stocks have already recovered. I get that stocks are forward looking. I also get that there's no better place to invest at the moment, but it all still seems to soon and people are too eager for a recovery. Article linked below. Coronavirus: Pandemic sends US jobless rate to 14.7% https://www.bbc.co.uk/news/business-52591262 [link] [comments]  | ||
| The Economist, May 7 2020 edition: A dangerous gap. The market v the real economy Posted: 08 May 2020 12:59 AM PDT I pasted the article, to exempt you from registering an account to read it. What do you think? Financial markets have got out of whack with the economy. Something has to giveSTOCK MARKET HISTORY is packed with drama: the 1929 crash; Black Monday in 1987, when share prices lost 20% in a day; the dotcom mania in 1999. With such precedents, nothing should come as a surprise, but the past eight weeks have been remarkable, nonetheless. A gut-wrenching sell-off in shares has been followed by a delirious rally in America. Between February 19th and March 23rd, the S&P 500 index lost a third of its value. With barely a pause it has since rocketed, recovering more than half its loss. The catalyst was news that the Federal Reserve would buy corporate bonds, helping big firms finance their debts. Investors shifted from panic to optimism without missing a beat. This rosy view from Wall Street should make you uneasy (see article). It contrasts with markets elsewhere. Shares in Britain and continental Europe, for example, have recovered more sluggishly. And it is a world away from life on Main Street. Even as the lockdown eases in America, the blow to jobs has been savage, with unemployment rising from 4% to about 16%, the highest rate since records began in 1948. While big firms' shares soar and they get help from the Fed, small businesses are struggling to get cash from Uncle Sam. Wounds from the financial crisis of 2007-09 are being reopened. "This is the second time we've bailed their asses out," grumbled Joe Biden, the Democratic presidential candidate, last month. The battle over who pays for the fiscal burdens of the pandemic is just beginning. On the present trajectory, a backlash against big business is likely. Start with events in the markets. Much of the improved mood is because of the Fed, which has acted more dramatically than other central banks, buying up assets on an unimagined scale. It is committed to purchasing even more corporate debt, including high-yield "junk" bonds. The market for new issues of corporate bonds, which froze in February, has reopened in spectacular style. Companies have issued $560bn of bonds in the past six weeks, double the normal level. Even beached cruise-line firms have been able to raise cash, albeit at a high price. A cascade of bankruptcies at big firms has been forestalled. The central bank has, in effect, backstopped the cashflow of America Inc. The stockmarket has taken the hint and climbed. The Fed has little choice—a run on the corporate-bond market would worsen a deep recession. Investors have cheered it on by piling into shares. They have nowhere else good to put their cash. Government-bond yields are barely positive in America. They are negative in Japan and much of Europe. You are guaranteed to lose money by holding them to maturity, and if inflation rises the losses would be painful. So stocks are appealing. By late March prices had fallen by enough to tempt the braver sort. They steeled themselves with the observation that much of the stockmarket's value is tied to profits that will be made long after the covid-19 slump has given way to recovery. Tellingly, though, the recent rise in share prices has been uneven. Even before the pandemic the market was lopsided, and it has become more so. Bourses in Britain and continental Europe, chock-full of troubled industries like carmaking, banking and energy, have lagged behind, and there are renewed jitters over the single currency (see article). In America investors have put even more faith in a tiny group of tech darlings—Alphabet, Amazon, Apple, Facebook and Microsoft—which now make up a fifth of the S&P 500 index. There is little euphoria, just a despairing reach for the handful of businesses judged to be all-weather survivors. At one level, this makes good sense. Asset managers have to put money to work as best they can. But there is something wrong with how fast stock prices have moved and where they have got back to. American shares are now higher than they were in August. This would seem to imply that commerce and the broader economy can get back to business as usual. There are countless threats to such a prospect, but three stand out. The first is the risk of an aftershock. It is entirely possible that there will be a second wave of infections. And there are also the consequences of a steep recession to contend with—American GDP is expected to drop by about 10% in the second quarter compared with a year earlier. Many individual bosses hope that ruthless cost-cutting can help protect their margins and pay down the debts accumulated through the furlough. But in aggregate this corporate austerity will depress demand. The likely outcome is a 90% economy, running far below normal levels. A second hazard to reckon with is fraud. Extended booms tend to encourage shifty behaviour, and the expansion before the covid crash was the longest on record. Years of cheap money and financial engineering mean that accounting shenanigans may now be laid bare. Already there have been two notable scandals in Asia in recent weeks, at Luckin Coffee, a Chinese Starbucks wannabe, and Hin Leong, a Singaporean energy trader that has been hiding giant losses (see article). A big fraud or corporate collapse in America could rock the markets' confidence, much as the demise of Enron shredded investors' nerves in 2001 and Lehman Brothers led the stockmarket down in 2008. The most overlooked risk is of a political backlash. The slump will hurt smaller firms and leave the bigger corporate survivors in a stronger position, increasing the concentration of some industries that was already a problem before the pandemic. A crisis demands sacrifice and will leave behind a big bill. The clamour for payback will only grow louder if big business has hogged more than its share of the subsidies on offer. It is easy to imagine windfall taxes on bailed-out industries, or a sharp reversal of the steady drop in the statutory federal corporate-tax rate, which fell to 21% in 2017 after President Donald Trump's tax reforms, from a long-term average of well over 30%. Some Democrats want to limit mergers and stop firms returning cash to their owners. For now, equity investors judge that the Fed has their back. But the mood of the markets can shift suddenly, as an extraordinary couple of months has proved. A one-month bear market scarcely seems enough time to absorb all the possible bad news from the pandemic and the huge uncertainty it has created. This stock market drama has a few more acts yet.■ [link] [comments]  | ||
| Stock Market Recap: What Happened This Week and What You Can Do About It. Posted: 08 May 2020 11:19 AM PDT Hello investors! To recap how this week went in the stock market, here's just the tip of the iceberg:
However, the stock market is still rising, and stocks are even reaching back to their all-time highs. Why, or how can this even happen? The truth of the matter is that nobody knows. Markets can be bipolar sometimes (especially during uncertain times), and it just appears that it's become one of those times again. Yes, usually the stock market fluctuates up or down depending on good or bad news. However, the smart investor knows that it's only a matter of time before things start to collapse. An even smarter investor would not even care if a crash or a recession would occur, simply for the fact that they follow a strict regimen of investing a set amount of money in the stock market per week, allocating to different stocks, bonds, and the like, and slowly building up their portfolio over YEARS, not just for a couple of months. I'd say, the best investor right now is an investor that buys companies that have certain value in a time where value appears to be irrelevant. In my opinion, companies like Disney, Apple, and Tesla have extraordinary potential for several years to come, which is when this pandemic will clear up, and the economy functions back to normal again. The best judgment, and the final piece of advice I will share, is to consistently dollar-cost average your shares on a weekly (or even daily) basis. In situations like these, you should buy in small increments to level out the average price of each stock. This protects you in the event of the stock price dropping further and prevents those huge (50%+) losses that we see on r/wallstreetbets. In uncertain times like these, we have to learn to invest diligently, and without emotion. [link] [comments]  | ||
| Posted: 08 May 2020 08:20 PM PDT Pfizer and German partner BioNTech SE said on Tuesday they have begun delivering doses of their coronavirus vaccine candidates for initial human testing in the United States. Trials in Germany had already begun. If successful, Pfizer said it hopes to receive emergency use authorization from the U.S. Food and Drug Administration as early as October. It could distribute up to 20 million doses by the end of 2020, and potentially hundreds of millions next year, it said. [Source: Reuters found via Beeken io] Definitely one to watch. [link] [comments]  | ||
| The performance outlook of tech companies. Posted: 08 May 2020 08:05 PM PDT In the past three months, after the huge dive on March 20th, most tech giants such as Apple, Microsoft, Facebook has recovered from the hit and recovered to a hundred percent of its prior performance. Moreover, online education or telecommunication companies such as Chegg performed better with a nearly 100 percent return in three months. This leads to the questions for what percentage should our investment portfolio contains each of the tech companies. And the future projections of tech giants and relatively new online education companies. As the shutdown continues in most countries, the curriculum of most schools and universities will most likely continue the online class, e-education, as well as e-commerce, will still play an important part in our daily life. Some companies will have the potential to become new leaders in the industry. The maxim benefits and outcome would be a combination of the tech giants and black sheep, consider a 40-60 for a more aggressive approach, and 60-40 for a safer choice. [link] [comments]  | ||
| The list of market resources pinned to the top of the sub has been updated! Posted: 08 May 2020 09:10 PM PDT Hi all, Just did a quick update to the resources list at the top of the sub to add most of the suggestions I got in the comments. The new additions (mostly in the "GENERAL STOCK MARKET RESEARCH" category, but also added some in the Fundamental Analysis section and the blogs/misc resources section) Here are some of the new additions - thanks for all the suggestions! Bolded ones are ones I have used myself and just missed adding in the first post.
Click here for the full list or just check out the original post at the top of the sub. Have fun tinkering w/ everything all weekend! [link] [comments]  | ||
| Posted: 08 May 2020 05:43 AM PDT Good morning, here's my watch list Gap Ups: CWH, DBX, GH, HLF, IHPI, PSTI, PVAC, QRVO, SPWR, UBER, VIVO, WORK Gap Downs: MSI, ROKU, SHOP, TTD SPY slightly gapping up and continuing the slow grind, Resistance at the 200 day moving average overhead at 300, nearest support around the 50 day moving average at 272. Not many stocks moving pre market and the list is not the greatest. Some stocks gaping down but gapping into support, may have to run some scans intraday to find decent movers. Todays Friday so stay disciplined and only trade the best setups with defined risk to reward calculated before entering into any positions. Good luck, stay safe. [link] [comments]  | ||
| Financial statement inaccuracy Posted: 08 May 2020 08:55 PM PDT I went to the WSJ, yahoo finance, ATOM (app), and macrotrends and some have different numbers for some items on the income statements for Jetblue. I thought that info would be accurate across platforms. [link] [comments]  | ||
| Why didn't the Federal Reserve bailout Enron and Bernie Madoff's ponzi scheme? Posted: 08 May 2020 02:55 PM PDT If the gov gave them 0% interest loans, they could have lasted for decades. Don't tell me cus they were frauds. the entire banking system is frauds and they get bailouts. [link] [comments]  | ||
| Posted: 08 May 2020 03:52 PM PDT Why is Turkey prioritizing shopping malls in reopening plan? Read more: https://www.al-monitor.com/pulse/originals/2020/05/turkey-coronavirus-first-step-to-reopen-economy-malls.html#ixzz6LtTlI1JOThis may have driven his eagerness to reopen shopping malls, which account for nearly a fourth of annual consumer spending, without even consulting the scientific board of the Health Ministry. [link] [comments]  | ||
| Posted: 08 May 2020 06:43 PM PDT I'm not even a beginner investor but I been reading sites like MarketWatch, BusinessInsider lately and I'm curious on the media coverage of this rally. A month ago these sites were full of posts about how the rally was a classic "bull trap" and the lows would be revisited. This coverage dried up and it was all bullish posts. Then last Friday (May 1st) when the DOW closed 622.03 lower at 23,723.69 all of a sudden they were full of posts again about how this was a tipping point and it was about to start falling again. This week which has been 4 days of climbing, these "bear" leaning commentaries seems to have dried up completely. I get that no-one knows what will happen, but I'm curious what the selection process is for the articles on these sites. [link] [comments]  | ||
| Posted: 08 May 2020 06:16 PM PDT I'm a 20 year old college student who knows absolutely nothing about the stock market, and am looking for some advice. I have heard about investing apps such as Robin Hood where I can easily buy and sell stocks. My first question is how do these services work. Are the apps trustworthy, and what does the app creator gain from me trading on their app? Second, I am considering putting a little amount of money into the stock market now. My rationale is that because the economy is crashing as a result of the global pandemic it would be a good time to pick up some stocks that are cheap. Buy low, sell high, right? Would this be a wise investment at the moment? Also what are some companies that might be good to invest in? What businesses will bounce back after the pandemic? Any help is appreciated, thanks! [link] [comments]  | ||
| Posted: 08 May 2020 04:51 PM PDT Video mentions a possible earnings leak.. thoughts? Or what do you think the reasoning behind the jump was? [link] [comments]  | ||
| Significant Insider Trading Activity (Last 7 Days) Posted: 08 May 2020 08:03 AM PDT This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most of them get paid in stock options, it is expected. However, it is illegal for them to trade on inside information that has not been made public. So for example if there are drug trial results that are bad and not public, insiders cannot dump shares. That said, many people have observed that insiders - in general - seem to have a good track record at timing their purchases. All trades that are marked as part of a 10b5 plan are excluded from this report. Largest Insider Buying (Last 7 Days)Largest Insider Selling (Last 7 Days)Count column is number of transactions. Source: Fintel.io/insiders [link] [comments]  | ||
| Posted: 08 May 2020 12:18 PM PDT One day after President Trump criticized them, Harvard University announced that they would not be accepting the $8.6 million in taxpayer money that the university was set to receive as part of an emergency relief package for higher education. Other elite universities, such as Princeton, Stanford and Yale also announced that they would not be taking the money designated to them through a $14 billion federal aid package for higher education. The money was part of a $2 trillion relief package that President Trump signed into law on March 27th. This criticism centred around the endowment size of the elite US universities: Harvard has an Endowment of $40.9 billion, the largest in the world. In 2019, the endowment distributed $1.9 billion to the university, representing 35% of Harvard's total operating revenue. In terms of asset allocation, the largest allocation was to hedge funds, which returned 5.5% Followed by public equity, which returned 5.9% Followed by private equity, which returned 16% Yale, thanks to David Swensen, has an Endowment of $30.3 billion. In 2019, the endowment distributed $1.4 billion to Yale, 33% of Yale's total operating revenue. In terms of asset allocation, Yale is currently targeting a 30% allocation of the endowment to market-insensitive assets (cash, bonds, and absolute return). Absolute return just refers to value-driven and event-driven hedging strategies such as long/short equity, distressed investment and special situation investment. They are designed to have lower volatility over time. It also seeks to target a 53.5% allocation to illiquid assets such as venture capital, leveraged buyouts, real estate, and natural resources. Stanford has an Endowment of $27.7 billion. In 2019, the endowment distributed $1.3 billion to the university, representing 22% of Stanford's total operating revenue. In terms of asset allocation, it is mainly Private Equity, Absolute Return and International Equity. Private Equity refers to investments in private companies, ranging from startups all the way up to leveraged buyouts. Princeton has an Endowment of $26.1 billion. In 2019, the endowment distributed $1.4 billion to the university, a massive 64% of Yale's total operating revenue. In terms of asset allocation, it is mainly Private Equity, Real Assets and Independent Return. Real Assets refers to real estate and natural resources, and Independent Return refers to hedge funds or, in superior Ivy League speak, investment vehicles that seek high absolute returns that are typically independent of broad market trends. According to Henry Hansmann, Professor Emeritus of Law at Yale Law School, "a stranger from Mars who looks at private universities would probably say they are institutions whose business is to run large pools of investment assets and that they run educational institutions on the side that can expand and contract to act as buffers for investment pools." As well as this, many top US universities were implicated in the Paradise Papers for using offshore funds to grow their endowments. 104 US universities and colleges were named in data from the law firm Appleby, with four of the top 10 schools by endowment named in the files: Columbia, Princeton, Stanford and the University of Pennsylvania. Most contentiously, some of the offshore funds invested in carbon-polluting industries, despite leading US universities playing a key role in the fight against climate change... Let's take a look at an example: In July 2016, Northeastern University announced that it would invest $25m of its endowment in clean energy and renewables, boasting that the institution was "a recognised leader in sustainability practices". In April 2017, Northeastern invited Elizabeth Warren to open its new $225m Interdisciplinary Science and Engineering Complex. However, despite the complex's ideals and goals, which include seeking solutions to rising sea levels and pollution, Northeastern was one of 12 prominent US universities and colleges named in the Paradise Papers as investors in a hedge fund based in the Cayman Islands. The fund is a feeder to a subsidiary based in Houston, Texas, of EnCap Investments, a company that, since 1988, has pumped almost $20bn into oil and shale gas exploration and production. Now back to Harvard. With such a massive endowment, some have claimed that the school should use more of the fund to entirely eliminate tuition. Others have argued that Harvard's funds could be better used by recruiting and educating more low-income students, rather than giving free education to their already relatively well-off student body. Harvard clapped back. In their 2018-2019 financial report, they stressed that the endowment does not give the school full financial freedom. "There is a common misconception that endowments, including Harvard's, can be accessed like bank accounts, used for anything at any time as long as funds are available. In reality, Harvard's flexibility in spending from the endowment is limited by the fact that it is designed to last forever, which is crucial for an institution intended to serve generations of students and pursue research on big questions - questions that cannot be answered in one lifetime." The Tax Cuts and Jobs Act of 2017 axed the tax-exempt status of university endowments, imposing a 1.4 percent tax on realised income of universities whose investment assets top $500,000 per student. The IRS anticipates that about 25 to 40 institutions will fall under this definition. Stanford are expected to face a $43 million tax bill, and Harvard are expecting a $50 million bill. What are your thoughts on the endowment situation: are they just asset management firms with schools attached? [link] [comments]  | ||
| Looking for a good broker for long term investments Posted: 08 May 2020 03:15 PM PDT Hello everyone, I'm a beginner in stock exchanges (quarantine free time), and have recently started investing in stocks. I'm doing it through the blocker Admiral Exchange, and just discovered that they are charging me a "swap" fee, increasing exponentially as I keep my positions open. Problem is, I'm mostly interested in long term investments (airlines shares, oil, all those things that are increadibly low now but should come back to normal in 1-2 years). So this blocker obviously doesn't fit my needs. What platform would suit me best ? (I'm from Europe, actually in south America so it must be availlable worldwide). I just created a eToro account, but they lack of diversity in terms of shares for me [link] [comments]  | ||
| Help required regarding Stock Market Trading Posted: 08 May 2020 03:09 PM PDT I am an indian and I just got finished with a course on udemy about stock trading and i am thinking of starting with paper trading at first. I require a little guidance on stock screening and news to follow and just how to get started for real. [link] [comments]  | ||
| How to check the prices at which the company bought its shares as stock buyback? Posted: 08 May 2020 02:29 PM PDT Since ideally company buys its shares when it thinks its below intrinsic value, can we see at what price companies bought its shares? This is obviously assuming that company did stock buybacks for legit reasons and not to just bump up stock price. [link] [comments]  | ||
| Posted: 08 May 2020 02:22 PM PDT This stock has increased exponentially this week (a whopping 200%). Today, it dropped 5% and is sitting at around 20$ a share. Any thoughts on its price movements in the coming week? I think we are going to see another upward trend... [link] [comments]  | ||
| Significant Activist Hedge Fund Activity (Last 7 Days) Posted: 08 May 2020 08:04 AM PDT These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed by significant investors with no intention of influencing management (such as Index funds). There is always a lot of interest in insider trades, but what a lot of people probably don't realize is that hedge fund activity is probably more predictive of future returns than insider activity. The reason is that hedge funds (a) have large research budgets, and (b) have a choice where to put their money. In contract, insiders have no choice where to put their money, but only when to time their transactions. New FilingsThis table lists new 13D filings in the last week. A new filing does not necessarily indicate a new position, as investors frequently accumulate in advance before reaching the filing threshold. Amended FilingsThis table lists amended filings in the last week, and is useful for monitoring changes in existing investments or when a fund closes a position. I have eliminated all filings with less than a 5% change in ownership. Source: Fintel.io/activists [link] [comments]  | ||
| Watchlist: 5/8 Jobs Report, Gold, Bitcoin, Market Doing Great - Economy Not Posted: 08 May 2020 04:14 AM PDT Market Notes: Jobs report due out this morning, expecting to have a double-digit unemployment level for the first time since the great depression. The market is in great shape, it's doesn't seem to be bothered by any of the bad news for main street. The NASDAQ is actually flat for the year right now. The economy which appears to have no correlation to the market is in terrible shape. Record high unemployment, massive closings of small businesses across the country. Long lines at food banks. Gold is ticking up and Bitcoin has been surging the past few days. Famous hedge fund manager Paul Tudor Jones announced a position in Bitcoin yesterday comparing it to gold in the '70s. With halving less than a week away I'm keeping an eye on the key resistance $10,500 level. The VIX is low and futures are up. I'm still bullish for the day. Watchlist: EMKR is a low float earning play, resistance level around $3.50 PRTS is a lowish float earning play, watching for a continuation LIVX is a lowish float moving on news, watching for a setup above $3.60 VUZI is a lowish float that surged on news yesterday, on watch today. FLDM is an earning play on watch [link] [comments]  | ||
| Posted: 08 May 2020 01:54 PM PDT What do you guys/girls think about Barrons and other paid news sources. I personally paid for a month of both and really liked it, the stuff was relevant and there was always something on, but obviously $30 a month for news is kinda ridiculous but whatever. What news sources are you guys using and which ones do you recommend? Thanks in advance [link] [comments]  | ||
| Dividend Cuts and Suspensions - Week of May 3, 2020 Posted: 08 May 2020 01:36 PM PDT |
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