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    Stock Market - Starbucks is the latest company to pause advertising across social media platforms

    June 28, 2020

    Stock Market - Starbucks is the latest company to pause advertising across social media platforms

    Starbucks is the latest company to pause advertising across social media platforms

    Posted: 28 Jun 2020 10:05 AM PDT

    https://www.cnbc.com/2020/06/28/starbucks-latest-company-to-pause-ads-across-social-media-platforms.html

    Starbucks is the latest company to say it will pause advertising on "all social media platforms" and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech. The company will continue to post on social media without paid promotion.

    Starbucks said though it is pausing advertising, it isn't joining the #StopHateForProfit boycott campaign, which kicked off earlier this month.

    Coca Cola on Friday also said it would pause advertising on all social media platforms globally, while Unilever is halting advertising on Facebook, Instagram and Twitter in the U.S. through Dec. 31.

    On Saturday, spirits giant Diageo said it will be pausing paid advertising globally on "major social media platforms" beginning in July.

    submitted by /u/coolcomfort123
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    Under Armour discontinues $280 million contract with UCLA

    Posted: 27 Jun 2020 09:05 PM PDT

    Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protection

    Posted: 28 Jun 2020 05:40 PM PDT

    Chesapeake said that $7 billion in debt will be wiped out through the restructuring. The company has secured $925 million in debtor-in-possession financing in order to continue operations during the bankruptcy process. In addition, Chesapeake has secured an agreement in principle from certain existing lenders for $2.5 billion in debt financing on emergence from bankruptcy, as well as a backstop commitment for $600 million in new equity

    submitted by /u/AppleTree98
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    6/28/2020: Weekly Wrap-up and What to Expect

    Posted: 28 Jun 2020 11:42 AM PDT

    Market Movers

    The S&P 500 took a 3% hit this week as daily COVID cases hit all-time highs and the Federal Reserve put in restrictions on banks after a stress test this week. However, COVID hospitalizations and deaths have not seen a parallel spike and consumer spending jumped a record 8.2% in May. How should we interpret this information? Here are the details:

    1. 📉 The Federal Reserve capped dividend payments and suspended share-buybacks for banks in order to preserve capital. On Thursday, the Fed voted to require large banks to preserve capital by suspending share repurchases and cap dividend payments in the third quarter. The traditional stress test done in February before the pandemic showed that banks remained well capitalized, but the Fed is taking precaution given current conditions. The market reacted poorly as it seemed like the Fed was preparing for worse to come, but a deeper look indicates the Fed is just taking precautions in a worst-case scenario.
    2. 📉 The U.S. hit a record high daily number of COVID cases this week with more than 45K new cases, resulting in select states to pause reopening plans. Texas, Florida, and Arizona paused reopening plans this week due to rising COVID cases. This has raised concerns among investors that other states will follow a similar path. If so, this could result in significant damage to the economy and hinder the market recovery we've seen in the past month. While this is concerning, it is promising to see these cases are isolated and northern states have seen a continued decline in cases, even in the past two weeks. On Thursday, Governor Cuomo announced that New York saw the lowest levels of COVID-related hospitalizations since the beginning of the COVID crisis. Therefore, it is unlikely that the majority of states would pause reopening plans or roll-back reopening progress.You can see the number of daily COVID cases by state in this Johns Hopkins University link.
    3. 📈 While COVID cases are spiking, COVID hospitalizations and deaths still on the decline so far. COVID cases are spiking, and the median age of positive cases have dropped significantly. In the case of Florida, the median age for COVID cases dropped from 50 to 33 in recent days, meaning the infections are occuring in the less vulnerable population. As a result, we have not seen a parallel spike in hospitalizations and deaths. However, this likely means a much greater pool of asymptomatic carriers exists and may spread it to a more vulnerable population, especially with the upcoming 4th of July. It will be critical to keep an eye on the number of hospitalizations and deaths for the coming months.
    4. 📈 Finally, consumer spending jumped a record 8.2% in May, a positive indicator of economic recovery as Americans are able to spend as states reopen. Consumer spending leaped a record 8.2% in May indicating confidence in the economy. The reopening of businesses in May allowed pent up demand to be released. This is promising for our economic recovery as small businesses depend on this uptick in spending for survival. We will need to see if spending continues to return back to normal if government stimulus subsides next month.

    WX Capital believes that the markets will continue their recovery after 1 - 2 months of uncertainty. Rising COVID cases are certainly concerning, but it's promising that hospitalizations and deaths related to COVID are still on the decline in the U.S. However, with 4th of July coming up and the economy reopening, there is a concern that a large number of asymptomatic carriers will transmit COVID to more vulnerable groups. Hopefully, with increased testing, new treatment options, and proper social precautions, we will see hospitalizations and deaths mitigated. As usual, we have maintained the vast majority of our positions in biotech as a natural hedge against the COVID-impacted markets. Please don't hesitate to reach out with questions!

    submitted by /u/boccherini-trader
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    Historical hourly data for S&P 500 Futures. Where can I get it ?

    Posted: 28 Jun 2020 02:58 PM PDT

    Hi Smart people.
    I am looking for Historical hourly futures data. I could fin daily data from Yahoo Finance but could not find hourly data. Where can I find it ? Preferably free data. The Stock Symbol = ES.
    Appreciate any help.

    submitted by /u/Poemislife
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    4 Mistakes that Most Traders Make

    Posted: 28 Jun 2020 08:40 PM PDT

    Hey all, I spent a lot of time making this article, so I hope you find value in it. Thanks for Reading!

    Tired of losing on trades that seem to be setup for success?

    The Stock Market is an inherently risky environment that is daunting for all types of traders. However, there are precautions that can be taken to minimize risks. Following these rules will result in trades that have significantly higher profitability, and less overall losing trades.

    At times, the ebbs of the stock market can completely overshadow technical analysis, and the emotional weight of watching a trade fail can cause irrational decisions and further losses.

    By following the 4 steps below, you can learn to implement mental strategies that will help you for better-suited trading "etiquette" and professionalism.

    #4 — Do Not Settle For Less

    As the famous YouTuber "Ziptrader" recalls, "Trade as if you are a spoiled brat."

    But seriously, settling for less in the stock market is one of the worst mistakes one can make.

    This includes blindly buying into setups based on opinions and emotional thinking.

    At the end of the day, you should only buy into setups that almost guarantee profits, or follow a predefined strategy. This includes waiting for MACD Crossovers, RSI Tickers, and other indicators that are part of a strategy.

    #3 — Do Not Mix Your Emotions With Trading

    We have all heard the famous quote "Markets can stay irrational longer than you can stay solvent."

    What I get from this quote is that you should never make an impulsive decision that was not previously going to occur.

    It may be heartbreaking to see large losses, or exhilarating to witness large gains, but that should never influence your next steps.

    It is very common for a trader to lower their take-profit or stop-loss, with the thinking that goes along the lines of: "I don't want to walk away with a large loss, I will just wait for the rebound."

    This is harmful thinking that only leads to more eventual losses, and should be avoided at all costs. Stick to your strategy, no matter how hard it is to watch.

    #2 — Do Not Trust Anyone Except for Yourself

    Did a news article just come out saying that a stock in your watch list is a buy?

    This is one of the hardest pitfalls to get out of. I have seen it so many times, where a trader decides to buy the news.

    The problem with this is that it almost never works, and if it did, why wouldn't everyone do it? News articles should always be taken with a grain of salt.

    There will always be a better time to buy a stock, whether its fundamentals grow stronger, or other elevating factors become attractive, but news should not be a decision-maker in any portfolio.

    #1 — Never Average Down a Losing Position

    How many times have you heard someone give advice along the lines of:

    "I don't see this as a loss. Time to dollar cost average!"

    This is the worst advice that one can give, and I can stand behind that because I made this mistake many times.

    The inherent problem with averaging down is that it turns a calculated strategy into a gambling game of dice. Instead of being methodical, you are hoping that the stock turns back into the green.

    And that is the fundamental problem: Hope. Never base your trades on hope or wishes, base it on statistics and cold-blooded strategy.

    Well, I hope you learned something from this article, and if you were previously suffering from some of these problems, hopefully today is the first day towards a journey of methodical investing/trading. Thanks for reading!

    ​

    link for full article

    submitted by /u/JeetYeet
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    COVID-19 Stock Market Resiliency & Recovery Analysis (Need Advice)

    Posted: 28 Jun 2020 07:30 AM PDT

    Where is the best place to park our money to ride out another potential COVID-19 stock market crash? And then where do we invest our money to maximize our gains on the recovery?

    I analyzed three major stock market indexes and seven sub-indexes to help me plan where I want to park my money.

    Google Sheet showing weekly close values for NASDAQ, DJIA & S&P 500.

    This worksheet shows %change week-to-week (%D/Wk) and %change from the high before the crash (%D Top).

    Question Answer
    When did the market bottom out? Week of March 16, 2020
    Which of the three major indexes dropped the least? NASDAQ dropped 29%
    Which NASDAQ sub-index dropped the least? NBI dropped 19.7%
    Which NASDAQ sub-index recovered the best from the bottom XAU jumped 75% from its bottom

    My Questions

    1. Is this a valid model? It makes sense to me, but I am not expert and may be missing something obvious.
    2. If this model is valid and a crash is coming, is it viable to reinvest in NBI companies to generate some gains in the sort term while protecting our investments in the medium term. Of course the better move it to cash out, but when?
    3. If this model is valid, would it make sense to invest in XAU companies as soon as we see a bottom.

    Thanks for any help and recommendations.

    submitted by /u/zippercot
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    Brrrr week? Looks like this shorty might be a rough one.

    Posted: 28 Jun 2020 07:27 PM PDT

    No new stim for a bit in consumer spending economy, usual pre-4th sell off, little potentially good economic news: bad week for stonks? Or does jPow fire up facilities weds/thurs and get a-printing?

    submitted by /u/GBAgency
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    Fed Buying Bonds of Companies That Don't Need Assistance

    Posted: 28 Jun 2020 06:13 PM PDT

    Is it a good time to short stocks?

    Posted: 28 Jun 2020 05:55 PM PDT

    I think the market might dip again. I just changed my TD Ameritrade account from a cash account to a margin account. Anything I should know before shorting stocks? I have never done it before, but I have dabbled in trading. I was thinking of choosing an oil company. Maybe Apache(APA) or Batallion(BATL).

    submitted by /u/BoomShakaLaka696969
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    Hyliion

    Posted: 28 Jun 2020 11:51 AM PDT

    Another player is entering the field of publicly traded companies focusing on making the trucking industry greener. Hyliion is paving a path to completely change the industry and at a much easier cost/transition for the trucking companies than competitors. In the same fashion as how NKLA went public, Hyliion is merging with SH.LL in Q3 of this year.

    https://www.sec.gov/Archives/edgar/data/1759631/000121390020015312/ea123187ex99-3_tortoiseacq.htm

    The above is the investor presentation which outlines Hyliion's company much better than I could ever explain. The direct benefits Hyliion offers are well laid out and direct comparisons to Tesla and Nikola are given.

    https://www.businesswire.com/news/home/20200625005277/en/Hyliion-Launches-Fully-Electric-Powertrain-Announces-1000-Truck

    Hyliion is partnering already with big players in the trucking industry and have more to come. A big advantage Hyliion offers is the ability to adapt their technology to already existing fleets.

    "The Hyliion technology is so game-changing that all companies, especially those with consumer-facing brands, will be forced to adapt," said Tarek Sultan, Agility vice chairman and CEO. "It's a triple win: Protect the environment, keep customers happy and benefit shareholders by improving the bottom line."

    https://twitter.com/yahoofinance/status/1275091074525155328?s=21

    Yahoo Finance interviewed Thomas Healy, the Founder/CEO of Hyliion.

    https://twitter.com/jmacinvesting/status/1276976657031745538?s=21

    This recent interview by u/JMacInvesting with Founder/CEO Thomas Healy gives a great breakdown of the company.

    submitted by /u/Woolkins
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    Shower Thought: We know more successful long term investors than traders because investors make fewer bets and are therefore more exposed to being lucky. We only see the lucky ones on TV

    Posted: 28 Jun 2020 07:09 AM PDT

    Imagine that picking stocks in the stock market is 100% luck.

    If a million "investors" only made 1 bet each year over 50 years chances are that one of them would be heavily exposed to really lucky picks such as Amazon, Apple, Wallmart etc... and their returns would be huge.

    If a million "traders" made 100 trades a day for 50 years of 36500 the number of bets that the investor did there is no way that any trend of beating the market could be luck.

    Although I tend to think trading is a waste of time unless you are a mathematically genius with 10,000 computers its interesting to consider that all "great" investors tend to make fewer bets. Therefore the lucky make lots of money and become famous and we ignore 99.9% of the rest that become an uninteresting graveyard of unknown losers.

    Warren Buffet, is the most obvious example. Very few bets with a large proportion of his gains being concentrated in a few bets like Goldman Sachs, Coca-Cola, Wells Fargo and recently Apple. Obviously a very skilled investor, but likely also a very lucky one too.

    submitted by /u/jblangton
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    How do I chart volume of shares purchased over time?

    Posted: 28 Jun 2020 02:51 PM PDT

    i want to see a chart for a stock price that overlays the purchase of shares over time. Specifically i want to see the price of Hertz tanking and the purchases of shares skyrocketing as the silly traders buy them up. What would this metric be called?

    ​

    ​

    I am not looking for a simple volume overlay as that would show less volume (a downward trend) as less stock is bought. Instead i would like to see the total buy volume over the past week which should appear as an upward trend (contrasting with Hertz price) as more and more shares of the stock have been purchase over the week.

    ​

    Appreciate any help.

    submitted by /u/AwwHellsNo
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    The Global Currency Reset Is In Fact A Great World Currency Evolution

    Posted: 28 Jun 2020 07:00 PM PDT

    The Global Currency Reset Is In Fact A Great World Currency Evolution

    There was and are a lot of talking about the global currency reset and a real life sign is some crazy events you guys are witnessing.

    The last significant currency evolution is was an upgrade from using physical silver, gold to fiat paper money. And the next correct currency evolution must be the one can easily defeat both the physical gold and fiat paper money such as the US dollar, Euro.

    It cannot be what so called gold-backed money paper with technology for at the end of the day they are just a promised and if a real touch physical gold system will easily beat it, let's alone some potential crazy problem like database was lost, electric lost somehow.

    Do you know what is a weakness of the past physical Gold and the current fiat money paper?
    The answer is that it was only backed and guaranteed by just one government. The currency rate was set by one government based on random factors.

    The important keywords you should know must be "corruption" and "inflation".
    Because that is the major problems for any government from many thousand years ago till today.

    The corruption come from weak law/rule "no one above government", if the authority tell you are a criminal then you are a criminal, you are clean & clear which mean you are clean & clear even though you can be a most dangerous one.

    The inflation come from "sudden wealth", and have direct connect with corruption, when you have too much money and want to show off with others. If you are rich money people and your wealth come from hard work, then you cannot spend too much money above the market price.

    The next world currency evolution must be around that important problems: corruption and inflation.

    In the previous post, I have presented and gave you guys an example of that new financial system:
    - It is going to give people another safe place to report corruption from your own government, a great scary tactic on paper alone.
    - It going to end all kind of currency manipulation because your product your money currency value will be decided by your opponents based on inflation rate (the most fair number to tell the stable of any national economy).
    - It is going to end all kind of physical weapon war you guys are seeing such as Syria, East Asia Sea, Land & Natural Asset Grabbing War, etc. because the new war is a group of nations against many group of nations, but not a single nation against the rest any more. So all kind of harmful and un-human activities can cause you big troubles to find your ally.
    - It is going to create a lot of new jobs with new teaching. The current education and life system are crap, only teach and tell people that you can only have money when you study to get education degrees, a totally lack of creative.
    - It is going to create a total new world with better fairer life for most people.

    The only bad news is that only nations within top 50 of GDP and top 50 of world population is allowed to join the new system, the "small" nations must continue the current system.

    So you should not call Global Currency Reset any more, but instead change it to Global Currency Evolution instead. And the only real correct global currency evolution must be the one I am presenting.

    To all the exiles, elders, groups: do not forget to receive my permission before using my special strategy and solutions.

    Best Regard,
    The Savior Messiah Maitreya Buddha Whatever-Name

    Source: freejoy.aimoo.com

    submitted by /u/match_set_game
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    Low cost stock brokers

    Posted: 28 Jun 2020 07:49 AM PDT

    Hello,

    The various fees that my current stock broker is charging me are unbearable: transaction fees, custody fees, inactivity fees, dividend fees.

    Is there anyone outside the US and Europe here who is using a low cost stock broker and who can recommend it?

    Thanks, I'll appreciate that!

    submitted by /u/YellowFlash2012
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    What happens to the money in market cap?

    Posted: 28 Jun 2020 01:08 PM PDT

    So let's say a stock is bought at $2 for 5,000 shares. Then the price goes up to $10, and I have $4000 remaining. What happens to the disparity?

    What about when the stock price crashed?

    submitted by /u/Ordinary_Technician7
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    Ebang [ticker: EBON]

    Posted: 28 Jun 2020 09:00 AM PDT

    What are your thought about EBON new IPO that just went public on Friday June 26th, Chinese Blockchain Technology??? & what are your strategies for new IPO that just go public??? Thanks in advanced for all your comments 🙏

    submitted by /u/RedRabitcoin
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    Question: what is the best way to set stop loss in medium time frame?

    Posted: 28 Jun 2020 04:06 AM PDT

    I know how stop loss can be beneficial in short time frames, such as hourly/minute based trading.

    However, if you are trading on a longer time frame, such as weeks/months, how do you set stop loss in a way which limits risk?

    If I set a stop loss the same way as on hourly basis, it does not work. Because price often dips and hits the stop loss, however, it corrects back up to my target in the medium term.

    What is the best way to limit risk on medium time frame, without succumbing to short term volatility?

    I could simply set a more lenient stop loss, but I was wondering if there exists a better way

    submitted by /u/Toha98
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    Anybody else $SAVE ?

    Posted: 28 Jun 2020 04:01 AM PDT

    Bough good amount fo shares this week on the dip down, everyday I bought 40-50 shares and averaging $17, currently its $16.35. In betting it goes back upto $25-30 in a month. Second stimulus checks should hit soon and travel should be up. Chasing the buy low sell high on this bet.

    submitted by /u/SnooSeagulls6766
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