• Breaking News

    Tuesday, May 12, 2020

    Stock Market - Young investors pile into stocks, seeing ‘generational-buying moment’ instead of risk

    Stock Market - Young investors pile into stocks, seeing ‘generational-buying moment’ instead of risk


    Young investors pile into stocks, seeing ‘generational-buying moment’ instead of risk

    Posted: 12 May 2020 07:25 AM PDT

    https://www.cnbc.com/2020/05/12/young-investors-pile-into-stocks-seeing-generational-buying-moment-instead-of-risk.html

    The major online brokers — Charles Schwab, TD Ameritrade, Etrade and Robinhood — saw new accounts spike in the first quarter, when stocks experienced a dismal rout and subsequent rebound.

    The new accounts may represent "new investors who sense a generational-buying moment but do not have much background in the equity space," said Citi chief U.S. equity strategist Tobias Levkovich.

    submitted by /u/coolcomfort123
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    Liquidate for emergency fund?

    Posted: 12 May 2020 03:26 PM PDT

    I'm so torn right now. I'm 28 years old, employed with an OK job but I only have 2k in my checking account. I have no real emergency fund other than ~30k in a Wells Fargo investment portfolio. I don't need the money at this moment, but something can always come up.

    Kind of feeling like I should liquidate it and turn it into my emergency fund...before it goes down down down.

    submitted by /u/Goals_2020
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    Best resources to learn analyst concepts?

    Posted: 12 May 2020 03:31 AM PDT

    An example would be something like: revenue is increasing but units sold are constant which means its ASPs that are increasing. What are the best resources where analysts talk about stuff like that? Or are there books? I mean if there were a book that literally laid out all common analyst concepts that way, I'd buy it in a heartbeat.

    submitted by /u/JPTrader604
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    Stock watch List May 12, 2020

    Posted: 12 May 2020 05:43 AM PDT

    Good Morning, here's the watch list

    Gap ups: CBAY, CDLX, DDOG, GMDA, GWPH, IIVI, LOGI, LPSN, NNVC, NVAX, PRPL, VEDL

    Gap Downs: GNFT

    SPY slowly grinding higher towards the 200 daily moving average. Many stocks gapping are very extended after making some big moves in the past couple days, other than that not much else new. I will be focusing on earnings plays primarily. Business as usual. Good luck trading today

    submitted by /u/Kant_sleep13
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    Double-top at major level + cases spiking as states re-open.. Are we in for a drop?

    Posted: 12 May 2020 01:04 PM PDT

    If you track the high of the stock market to the low of the recent drop with a fibonacci retracement you'll see that it double topped at 61.8% today. On top of that, COVID-19 cases are spiking as states begin to re-open without a vaccine, do you think we're in for another drop? I want to hear all perspectives bullish and bearish.. no confirmation bias.

    submitted by /u/AcrobaticTooth1
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    Anyone use earnings whispers? Can someone please explain the analysts’ net recommendation graph?

    Posted: 12 May 2020 12:40 PM PDT

    This may be a dumb question but can someone please explain the analysts net recommendation graph within a ticker in earnings whispers? For example there is a green bar and a yellowish bar, I'm assuming the green bar correlatetes to the percentage of analysts that feel it will beat expectations and the yellow might be missed expections but please correct me if I'm wrong. Also inside the circle there's a percentage vs. percentage and I'm unsure that that is as well. I've been trying to find an answer online with no luck so any help would be appreciated :)

    submitted by /u/ucsbevan
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    Wealthsimple Trade

    Posted: 12 May 2020 05:11 PM PDT

    I've been looking at wealthsimple trade for stocks since I'm Canadian, but also want to have access to US stocks, does wealthsimple trade have a lot of US stocks available? And besides the exchange rate is there any fees to buy and sell American stocks?

    submitted by /u/J-W-P52
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    Bulls.Bears.Character

    Posted: 12 May 2020 01:42 PM PDT

    As a new investor I love watching my positions fluctuate up and down especially in this volatile time, as a college student 550 USD is a decent chunk of change to put away and not touch. I understand most of you fluctuate the total amount I have invested lol; however, consecutively waking up to red, I can see how that builds character. I've never had this feeling. I'm equally as excited to see what kind of character development I get out this than the returns themselves.

    It's always great to have a hobby that teaches you some form of character. Kinda like team sports and the importance of communication, trust, et cetera. In terms of my investing goals, I'm going for the long term and building a monthly income. So I guess this 550 that is pretty sizable to me will build a "psychological callus," if you will, for larger investments in the future.

    submitted by /u/Trilliboo
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    Am I worrying too much

    Posted: 12 May 2020 12:49 PM PDT

    Just bought quite a bit into the stock market right before it dropped today. Would it be stupid to sell now? After seeing what's happening before close today. What's the consensus?

    submitted by /u/Throwaway181181181
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    A second dip coming

    Posted: 12 May 2020 05:55 PM PDT

    I recently got my 401k cash out from my previous company. I have an extra 3k I want to put into my vanguard S&P 500 (I have less than 15k so I'm not looking to buy individual). However, with all the spikes in states opening back up, the buffet indicator and the P/E ratio being so high I can only assume we're headed for a second dip. Any advice?

    submitted by /u/maamsboy
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    5/12 Weekly Update and Expectations

    Posted: 12 May 2020 05:37 PM PDT

    NOTE: This was supposed to be published on Sunday, but we accidentally had links in the headers. Enjoy!

    ---

    Strong earnings reports, especially from tech companies, drove the markets upwards last week, despite unemployment hitting 14.7%, as the economy shed 20.5M jobs. For context, unemployment reached as high as 25% during the Great Depression. Given the current state of joblessness, why are markets so bullish? Here are the details:

    1. Nearly 30 states have begun to reopen, with another five states with plans to reopen soon. Investors were bullish about the market as the vast majority of states began to reopen facilities ranging from beaches to retail. As money begins to start flowing through the economy again, investors expect a gradual return to market levels before COVID-19.
    2. The Nasdaq is in positive territory year-to-date as tech stocks have continued to outperform despite COVID-19. The Nasdaq, an index weighted towards tech, has entered positive territory since the beginning of 2020 due to positive earnings reports from tech companies, including Facebook (FB), Match.com (MTCH), Uber (UBER), and others. Investors expect the index to reach pre-COVID levels soon enough.
    3. The FDA approved the first antigen test for detecting COVID-19. The FDA approved Quidel Corp's (QDEL) antigen test for quickly screening for COVID-19. QDEL's antigen test can be completed in minutes compared to traditional PCR tests, which can take hours. This test will help the economy reopen by enabling mass testing at the workplace and beyond. We believe this news will drive the markets upward this coming week.
    4. The April unemployment report indicated 14.7% unemployment, with tech companies like Uber contributing with layoffs. The federal government released April's unemployment report last Friday and demonstrated a 14.7% unemployment rate. Unemployment mostly stemmed from the hospitality and travel industry. However, tech companies, including Uber (UBER) have recently contributed to layoffs. Uber is cutting 3,700 workers, while Airbnb and Yelp plan on cutting 1,900 and >1,000 employees respectively. While this is devastating for the employees, investors see this decision by tech companies as a cost-cutting measure needed for these companies to achieve greater profitability.
    5. After COVID containment success, South Korea recorded highest daily infections in a month. South Korea recorded 34 new COVID-19 infections today, the highest one day increase in COVID-19 infections in a month. The U.S. should also expect there to be a second wave of COVID-19 breakouts as the economy opens. However, because countries and people are better prepared for COVID-19, the impact of the second outbreak will not likely result in additional quarantine measures and be dampened in terms of cases and deaths. Furthermore, research is beginning to indicate that even mildly affected COVID-19 cases produce antibodies, suggesting potential for at least partial immunity even from those who had low to no symptoms.

    Overall, I remain optimistic about the U.S. economic recovery. While unemployment is incredibly high, government stimulus have enabled most U.S. citizens to sustain in this difficult situation. The reopening of state economies will hopefully provide the stimulus needed for businesses to start re-hiring those who were laid off, leading to a dramatic decrease in unemployment. The May and June jobs reports will be a strong indicator for our recovery.

    submitted by /u/boccherini-trader
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    Thinkorswim Alternative

    Posted: 12 May 2020 05:25 PM PDT

    Looking for a good scanner option other than thinkorswim, I live in Canada and am looking for something free that similar to thinkorswim, just looking for some suggestions I can use in Canada or what other people use thanks.

    submitted by /u/J-W-P52
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    Amazon just put "Amazon's Choice" award on penny stock $SBFM after hours - And patent got "reinstated"

    Posted: 12 May 2020 03:43 PM PDT

    My strategy - built off of data

    Posted: 12 May 2020 09:40 AM PDT

    PortfolioSummary

    I posted earlier last week about using python to dive into data and build me a portfolio built of 3 layers of filtering (with staggered weighting).

    Wanted to give an update and get some discussion going, or even get any tips or ideas on other stuff I can do.

    The link up top is my current output from the program I made. I am adding to each day so it is definitely still incomplete. I plan to add things like variance, sharpe ratio, etc... (any other ideas would be great to hear too!)

    Currently up about 4%. Highest allocation is in healthcare and tech. You can see more details in the link above!

    Top 5 Holdings: MA AAPL AMAT DAL FB

    submitted by /u/StudCap
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    thoughts on PAYPAL stock?

    Posted: 12 May 2020 12:50 AM PDT

    Currently thinking about selling my shares and investing in a different stock but am wondering if it even has anymore room for growth in the future. a lot of people are saying its overvalued.

    submitted by /u/p0eticfannatic
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    NVAX %77 growth - $388 million received COVID vaccine Funding

    Posted: 12 May 2020 10:33 AM PDT

    https://www.fool.com/investing/2020/05/12/why-novavax-stock-is-skyrocketing-today.aspx

    A huge research grant seems to give huge momentum for NOVAX. Investors seem to now be focusing on NVAX, Gilead and Abbott Labs have dropped.

    I wanted to ask on your opinions, is this usually a good opportunity to jump in? Is this looking like a pump and dump? Does price eventually fall off or is there more growth to be seen? Im inexperienced so I've never met this kind of situation.

    submitted by /u/scorpia3628
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    I am a young investor

    Posted: 12 May 2020 05:32 PM PDT

    I'm 19 i'm looking to get my hands on some good stocks to make profit in. I am from canada. I was wondering if anyone could help give me some good profitable companies to invest in and advice is also helpful. I am 19 so cheaper stocks are a plus

    submitted by /u/hugebigpiece
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    Stock Valuations

    Posted: 12 May 2020 07:33 AM PDT

    I'm learning some entry level finance (taking free course on coursera offered from Rice University). Is using a DCF evaluation of a company useful for stock valuations?

    If so, what exactly do I use as Cash Flow? When I look at financial statements there are a couple that could be used (cash flow from operating activities, free cash flow) so i'm not sure which one makes the most sense to use. Also when calculating the Discount Rate I've read to calculate WACC and use that. If that's the case how can i find the beta value for the past (yahoo finance lists what i think is the current beta calculation but i was trying to use numbers for GOOG from 12/31/2019 as an exercise). Do i just guess at the expected return of the stock to calculate beta or is there some logic to it?

    I just purchased Security Analysis by Benjamin Graham and David Dood this morning but haven't started reading it yet.

    submitted by /u/hidegitsu
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    Looks like FED is no longer a God?

    Posted: 12 May 2020 12:13 PM PDT

    With news like "The Fed Will Buy Bond ETFs Now", all we witness is a lame jump

    Junk Bonds JUMP Across The Board:-

    -- LQD +1.16% VCIT +0.65% HYG +0.56% JNK +0.61% ANGL +0.95% FALN +0.50% IGLB +1.24% SPLB +1.45% IGSB +0.27% SPSB +0.22%

    While,

    -- DJIA -0.46% COMP -0.23% SPX -0.57%

    https://www.bloomberg.com/opinion/articles/2020-05-12/the-fed-will-buy-bond-etfs-now

    submitted by /u/LittaBird
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    Advice about my father who just started trading

    Posted: 12 May 2020 07:42 AM PDT

    My father recently turned 55 and started dabbling in day trading on the Forex market because of the amount of free time he had staying at home due to corona. However, the concerning bit is that he started with $30,000 which is a relatively significant sum because he has not finished paying his home loan and has barely set aside a sum of about 250k for his retirement, which is not much considering that my mother is a dependent as well and only has around 50K in her retirement account. Furthermore, my sibling and I are yet to enter university where a full scholarship is not yet a certainty.

    To compound this problem, he has a layman understanding of the markets and financial markets in general and has barely spent any time practicing on a paper trading account. His main reading consists of articles and bites from Bloomberg and other news outlets. While I have read literature like Graham's Intelligent Investor as well as Phillip Fisher's Common Stocks and Uncommon Profits, I feel that his lack of savvy in comparison also highlights a lack of prudence and financial literacy. (It should be noted that I am 19 and have slowly invested most of my savings in Indexes rather than the Forex)

    How should I tackle this situation and what are your honest opinions given that he is using a significant sum on speculation without any proven trading strategy especially when my parents' nest egg is not secure and he is also at risk of retrenchment due to his age?

    submitted by /u/rtsw0405
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    Short oil now

    Posted: 12 May 2020 11:24 AM PDT

    Hey all,

    I've been pretty successfull trading off the oil market in the past month and would like to give a heads up.

    Considering the oil market hasn't recovered without demand, and that the oil price is too high on hopes of a reopening I think it's best to short oil now for the upcoming contract expiry for WTI on the 21st.

    Once people see that cases are spiking we will see that fear would set in too in the next two weeks. Driving it further down.

    Just my tip, short oil, or tell me why I am wrong

    submitted by /u/howardwolowitz94
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    What happens to my shares of company is bought

    Posted: 12 May 2020 10:29 AM PDT

    I went risky on AMC when it was dirt cheap and announced they could sustain until November. Diversified a lot but wifey and I wanted some risk. If they do get bought by amazon what's gonna happen to my stocks with AMC?

    submitted by /u/jdavis55
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