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    Stocks - PZZA

    June 06, 2020

    Stocks - PZZA

    PZZA

    Posted: 06 Jun 2020 06:07 AM PDT

    Papa Johns is trading at stupid high levels. With a P/E of 2,412 they are the most overvalued company I've ever seen. Not only that, but they also operate at 2% margins and have a dwindling fan base as more flock to dominos.

    At this current valuation, (if earnings remain in roughly the same) Papa Johns would have to generate 978 billion dollars in revenue and over 20.8 billion in income. I personally don't see much growth for Papa Johns going forward.

    If there's anyone that could possibly justify Papa Johns' current valuation, I would be interested to see that.

    submitted by /u/zainjavaid
    [link] [comments]

    Warren Buffett might still be right about the airlines

    Posted: 06 Jun 2020 09:02 AM PDT

    "In the short run, the market is a voting machine, but, in the long run, it is a weighing machine" -Benjamin Graham

    Warren Buffett has taken some heat recently over his decision to sell all of his airline stocks near their lowest point. Amid investor optimism for the return of "normal" travel behavior, airline stock prices took flight, so to speak, as a primary beneficiary of this exuberance. This has every investor with a Pied Piper trading account sitting on his couch thinking he is smarter than perhaps the greatest investor of our time. But is he?

    • Warren Buffett is not a short-term swing trader, he is a long-term, buy-and-hold investor. He looks at the prospects of a company 20 to 30 years down the road, not 2-3 months
    • Airlines represented a significant, but relatively small portion of Berkshire Hathaway's portfolio. Taking a loss on an industry that is in turmoil for the chance to redeploy in another industry with clearer skies ahead is more in line with the investing philosophy that made him a success
    • Armchair investors think to themselves, "Well, people won't stop flying", I'll buy AAL, UAL, and DAL. While that is certainly true in the broad sense, think about the practical sense. Airlines need to squeeze every dollar out of every flight to remain profitable. Under the "new normal", not only might the incredibly important Middle Seat be in jeopardy, but the ridiculously profitable Business Class seat is also going to see massive declines as more and more business is conducted remotely.
    • With cash burn rates in the double-digit millions of dollars PER DAY, many major U.S. airlines are only in business due to federal government bailout money -- one of the conditions of which was that they keep paying their employees that are not doing much flying (or revenue generation) these days.
    • While it is a near certainty that "people won't stop flying", there is no certainty about who will be doing the flying. When the bailout money is gone, the cash is depleted, and the revenues are a fraction of where they need to be, a company goes bankrupt. It is entirely possible that one or even two of the major U.S. airline carriers never get their head above water again. Which ones? (*Casually glances at American and United*) I'm not sure, BUT, what I am sure about, is that Warren Buffett has access to way more information about the companies he invests in than you or me.
    • Last Thursday, while AAL stock was almost doubling, 14 of its top officers VOLUNTARILY took buyouts to leave the company. Now, ask yourself -- why would anyone in their right mind in a leadership role at a prominent U.S. company with a huge salary and comfy corner office voluntarily leave that company and deny themselves the personal glory of being part of a turnaround story?

    My advice: Take your profits now and buy yourself something nice -- like stock in a company that actually has massive future growth and profit potential. And do not think that you are smarter than Warren Buffett.

    Finally, they are a few years old, but these nifty infographics offer a fun insight into what makes the Oracle of Omaha tick:

    Part One: The Early Years

    Part Two: Inside Buffett's Brain

    Part Three: The Warren Buffett Empire

    Part Four: Buffett's Biggest Wins and Fails

    Part Five: Wisdom from The Oracle

    submitted by /u/bestrongbelieve
    [link] [comments]

    DGLY - new bill in house requires ALL police officers to wear body cameras (NYtimes)

    Posted: 06 Jun 2020 10:30 AM PDT

    DGLY (Digital Ally) manufactures law enforcement equipment like body cameras. They pumped 100% a week ago on the riots before falling.

    • Yesterday, the KC police department ordered $2.5million worth of body cameras for their 1,400 police officers, which pumped DGLY 30% this weekend.
    • The United States has 800,000 police officers in total, so the price action on this is about to get hot.
    • The Bill threatens to withhold state funding to ensure criteria is met.

    DGLY pumped to $30 during the Ferguson riots. There was no federal action taken then. Right now, it's at $2.75 and there's a Bill on the way.

    Have fun with this one.

    submitted by /u/dramaticdan
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning June 8th, 2020

    Posted: 06 Jun 2020 09:14 AM PDT

    Good Saturday afternoon to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning June 8th, 2020.

    Look for the S&P 500 to turn positive for the year with a boost from the Fed in the week ahead - (Source)

    Federal Reserve Chairman Jerome Powell is expected to reassure markets next week the central bank will do whatever it takes to help the economy heal. That should be enough to keep investors moving into stocks that benefit from an economic rebound and push the S&P 500 into the green for 2020.

    The Fed's two-day meeting is the big event for markets in the coming week. There are a few economic reports, including inflation data, the consumer price index Wednesday and producer prices Thursday. Weekly jobless claims will be important Thursday to see if there's a drop in continuing clams, after May's employment report showed a surprising record gain of 2.5 million jobs.

    The reopening trade was in full swing in the past week, especially Friday when stocks surged on the jobs report, which was expected to show a loss of 8.3 million jobs. The Nasdaq broke above its record high set on Feb. 19, and the S&P 500 was just 1.1% away from turning positive for 2020.

    Even before the jobs report, investors were loading up on financials, industrials, transports and small caps, which were up more than 8% for the week and 18.4% in the past month. S&P financials were 12.1% higher on the week, S&P industrials were up 10.5, and the NYSE airline index jumped more than 35.4.%.

    "I think next week is dominated by the reopening and it will be for another month," said James Paulsen, chief investment strategist at Leuthold Group. "With cyclicals outperforming, small [caps] outperforming, credit spreads coming in and then the bond yields going up, everybody — all facets of the financial markets — are sort of suggesting the same outcome."

    The S&P 500 ended the week at 3,193, a gain of 4.9%, and now traders are watching to see if it can scale the psychological 3,200 level. The Dow closed Friday at 27,110, up 6.8% for the week, and the Nasdaq Composite was up 3.4%, at 9,814 after reaching an intraday record high of 9,845 Friday.

    Analysts say the market will likely look past the protests that broke out in cities across the U.S. after the death of George Floyd in Minneapolis. Four policemen were charged with murder in his death. Looters joined the protests, some of which turned violent, but they quieted down towards the end of the week.

    Stocks were higher for a third week in a row, but a change this past week has been the abrupt lurch higher in Treasury yields. The 10-year rose to a high of 0.95% Friday, a quarter-point move in just three sessions. The move was already underway but got a lift Wednesday when ADP jobs data was not nearly as bad as expected. Yields ripped even higher after the May employment report showed the unemployment rate actually fell to 13.3%, instead of climbing to 20%, as expected by economists.

    Bond strategists said the Treasury market was now acknowledging the potential for a recovery, but not in the exuberant way the stock market has been. Since March 23, the S&P 500 has risen more than 45%, but it took the 10-year Treasury until this week to get back the yield level it was at when stocks bottomed.

    Paulsen said he believes a new bull market has been launched, but there could be pullbacks and some headwinds for the market coming up.

    "When GDP is minus 30%, other issues don't matter. There's just one issue. But as the economy reopens again, the trade battles will matter again, presidential politics will matter again," said Paulsen, adding the budget deficit could also matter. "I think we'll get removed from a sole focus. That isn't quite there but I think it's coming."

    Fed ahead

    The Fed begins its two-day meeting Tuesday, and will release its statement Wednesday afternoon, followed by a video briefing by Powell.

    "Whey would the Fed want to disrupt this with anything?" Paulsen said. "They're still going to support the economy. They're going to stay away from negative rates or yield curve management. They're not going to do anything to scare the markets. They might certainly reassure people that they are still ready to provide support."

    Ethan Harris, head of global economics at Bank of America, said the Fed may clarify where it stands on some of the extraordinary moves it has taken since it cut rates to zero. The Fed has been supporting the markets with asset purchases and multiple programs for commercial paper, corporate bonds, and municipal bonds, for example.

    "We think right now they're just trying to get this Main Street lending program to work. The question is are they going to do more things around what they do in terms of forward guidance and next steps of macro easing," Harris said.

    There has been speculation that the Fed would do some type of so-called yield curve control, a program to keep interest rates capped at certain levels. "I think it's too early for that," said Harris. He said the Fed would be guaranteeing low rates for a long period of time if it does yield curve control.

    "Yield curve control is basically open-ended quantitative easing," he said. The Fed is currently buying Treasurys but if it wanted to stop yields from rising too much as the economy improves, it could make targeted purchases.

    Barclays chief U.S. economist Michael Gapen said it's possible the Fed could announce the yield curve control. "We've said they could implement yield curve control out to three years," he said. "In my mind that matches the length of the horizon of the economic projections."

    Powell has said the economy needs more fiscal help, and he could reiterate those comments Wednesday. President Donald Trump on Friday said he backs more stimulus. So far, the Democrats have put out a marker with their wish list for further spending, but there have been no negotiations.

    There was concern the strong jobs report could make it harder to get buy in for another big spending package. But some economists say the recovery needs a boost and states need funding to fill the holes in their budgets from coronavirus-related spending and a lack of tax receipts.

    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    (CLICK HERE FOR THE CHART!)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART LINK #1!)
    (CLICK HERE FOR THE CHART LINK #2!)
    (CLICK HERE FOR THE CHART LINK #3!)

    S&P 500 Stocks Outpacing Analyst Price Targets

    This morning's jobs report shocked the financial world -- most notably the economists whose job it is to provide estimates. The consensus estimate among economists for May nonfarm payrolls was projecting a loss of more than 7 million jobs. The actual number that was reported did not just show a smaller than expected job loss, but it actually showed a gain in jobs of more than 2.5 million.

    We're seeing a similar situation play out in the equity analyst community. With the S&P 500 now up 40%+ since its low less than three months ago, the average stock in the index is now trading above its consensus analyst price target that looks 12 months out. Analysts have simply not been able to catch up to the rapid rise we've seen for equity prices.

    It's extremely rare to see share prices move above consensus analyst price targets. We don't have the historical daily data on this, but anecdotally we can't remember a time when the spread has been this wide. As shown below, at the end of 2019 when the S&P finished a massive rally, equity prices were 5.5% below the consensus price target. That was seen as a very tight spread prior to what we're seeing now. At the lows in March, the average share price had dropped all the way to $92.50 compared to an average consensus price target of $143.20. That projected a gain of 54.9% at the time!

    Since March 23rd, the average share price has risen from $92.50 up to $138.40, while the average analyst price target has fallen from $143.20 to $136. Current price targets no longer project a gain for the average S&P 500 stock, but rather a 1.7% drop.

    (CLICK HERE FOR THE CHART!)

    Nasdaq's Historical Run

    At its highs earlier this morning, the Nasdaq Composite was within 2% of its record high from earlier in the year. Besides the steep V-shape of the Nasdaq's pattern over the last four months, the other aspect of the chart that stands out is just how steep the 50-day moving average is trending lately.

    (CLICK HERE FOR THE CHART!)

    To illustrate just how steep the Nasdaq's 50-DMA has become, the chart below shows the daily percentage change of the 50-day going back to 1971. Currently, the Nasdaq 50-DMA is rising at an average of over 0.5% per day. That's an incredible slope and a level that has been exceeded only a handful of times in the Nasdaq's 50-year history.

    (CLICK HERE FOR THE CHART!)

    Big Gains From Smaller Tech

    It's still difficult to fathom the moves in the US equity market over the last four months. The fact that the Nasdaq and more specifically the Technology sector aren't far from record highs is definitely something no one was expecting two months ago. There's an old market saying that equities take the stairs up and the elevator down, but in the latest market cycle, the elevator up was almost as fast as the way down!

    (CLICK HERE FOR THE CHART!)
    (CLICK HERE FOR THE CHART!)

    If you've been following the markets, all you've likely heard up until recently is that large-cap tech, and more specifically, Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), and Facebook (FB), are single-handedly driving the market higher. The reality is not nearly as clear-cut. Given their market caps, the "Big 5" (as they're often referred to) have done a lot of heavy lifting, but in terms of performance, they're hardly the only game in town.

    The table below lists Technology sector stocks in the Russell 3000 with market caps of more than $1 billion that are outperforming all of the 'big 5' tech stocks on a YTD basis. Actually, since Amazon is doing so well relative to the rest of the "big 5" these are all stocks that are outperforming Amazon. If we looked for stocks that were doing better than the average return of the "big 5" the list would be a lot, lot longer (+16.4%).

    Looking through the list of names below, the two top-performing names are Zscaler (ZS) and Twilio (TWLO), which have both more than doubled. Behind these two, DocuSign (DOCU) and Sprout Social (SPT) are both knocking on the door of triple-digits. All 28 of the names listed have market caps of $1 billion, but the average market cap is just over $21 billion, while Nvidia (NVDA) is the largest company on the list with a market cap of $216 billion. For the most part, these aren't names that have been driving the indices, but anyone holding these stocks in their portfolio probably doesn't care!

    (CLICK HERE FOR THE CHART!)

    Best 50-Day Rally Ever

    In many ways, what we've seen so far in 2020 has been both record-breaking and devastating. From the S&P 500 Index peak on February 19 to the bear market lows March 23, stocks lost 33.9%. Now, 50 trading days later, stocks have gained 39.6%, for the largest 50-day rally since the S&P 500 moved to 500 stocks in 1957.

    "There are no rollercoasters that can replicate what stocks have done so far in 2020," exclaimed LPL Financial Senior Market Strategist Ryan Detrick. "Here's the catch though: Big 50-day rallies in the past have taken place near the start of new bull markets, and the returns going out a year were quite bullish."

    As shown in the LPL Chart of the Day, the 39.6% gain in 50 days was the greatest 50-day rally ever, besting the previous best in October 1982. What's important to note here is that many of these rallies took place coming off major market lows, and delivered quite strong returns going out 6 to 12 months.

    (CLICK HERE FOR THE CHART!)

    Although we have near-term worries given this historic run, as some sentiment indicators such as put/call ratios are showing some froth, from a bigger picture perspective, this strong 50-day rally offers a reason to think stock prices may be even higher this time next year.

    2020 In Charts

    2020 is only five months old, but in many ways it is one of the most historic years we've ever seen. "2020 went from moving along nicely, to seeing the worst recession in a generation and the fastest bear market ever," explained LPL Financial Senior Market Strategist Ryan Detrick. "Now stocks are in the midst of one of the best bull runs ever, even though the economy remains extremely weak, thanks to record stimulus and hopes over a vaccine."

    To best sum it all up, here are 10 charts that tell the picture of 2020 so far.

    1.) The 2010s were the first decade in history to go all 10 years without a recession, which of course ended just months into the new decade, as the economy stopped. Stocks gained 13.5% on an annual basis last decade, surprisingly, only the third-best decade over the past four.

    (CLICK HERE FOR THE CHART!)

    2.) This is an election year, and the S&P 500 Index hasn't been lower when a President is up for reelection since FDR in 1940. Although this seemed nearly impossible at the March lows, it is looking like this incredible streak could have a chance in 2020.

    (CLICK HERE FOR THE CHART!)

    3.) One of the first signs something could go wrong in 2020 was stocks fell in January. Historically, this has meant potential trouble for the final 11 months.

    (CLICK HERE FOR THE CHART!)

    4.) As fears over COVID-19 gripped the world, the Dow Jones Industrial Average had its fastest bear market ever, in only 19 days. To put this in perspective, this was the fastest bear market in the 124-year history of the Dow.

    (CLICK HERE FOR THE CHART!)

    5.) Mark Twain said "History doesn't repeat itself, but it often rhymes". Looking at history, every 50 years there has been a terrible pandemic and stocks fell more than 30%. We don't know if the ultimate lows are in this time, but so far, history is rhyming.

    (CLICK HERE FOR THE CHART!)

    6.) More than 20 million people in the US lost their jobs in April, while the unemployment rate soared to near 15%, the highest since the Great Depression. Record drops in manufacturing, industrial production, retail sales, and consumer spending have all taken place in the past two months as well.

    (CLICK HERE FOR THE CHART!)

    7.) A recession is here, ending the streak of 128 months in a row without one. What is unique about the previous expansion was nominal gross domestic product (GDP) grew only 50%, about the average growth seen during the previous expansions, but this expansion was nearly twice as long as the average expansion (10 years versus 5 years).

    (CLICK HERE FOR THE CHART!)

    8.) The bounce off of the March 23 S&P 500 lows has been historic in many ways. In fact, it was one of the best 20-day rallies ever, with previous best rallies seeing strong returns 6 and 12 months later.

    (CLICK HERE FOR THE CHART!)

    9.) As scary as it was on the way down, stocks have come roaring back, gaining more than 35% from the March 23 lows. This would classify as the greatest bear market bounce ever, which opens the question: is this more than a bear market bounce and instead the start of a new bull market?

    (CLICK HERE FOR THE CHART!)

    10.) The number of COVID-19 tests in the US nearly doubled in May versus what was seen in April. Additionally, fewer and fewer tests are coming back positive. Testing is one of the key ways we will beat this and this is a step in the right direction. We've also seen new monthly lows in people on ventilators, in the ICU, and in hospitals.

    (CLICK HERE FOR THE CHART!)

    Hard to believe, but there are still 7 months left in 2020. It hasn't been easy for any of us, and we continue to keep everyone impacted by this pandemic in mind, but we continue to see the glass as half full. The dual benefit of record monetary and fiscal policy should help create a bridge to help those most impacted, while the economy can slowly come back online later this year.

    Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-

    • $ADBE
    • $UNFI
    • $CHWY
    • $TIF
    • $LULU
    • $COUP
    • $SFIX
    • $LOVE
    • $NEPT
    • $GHM
    • $REVG
    • $GME
    • $HDS
    • $FIVE
    • $SIG
    • $CASY
    • $CVGW
    • $AMC
    • $FCEL
    • $QTNT
    • $PLCE
    • $CHS
    • $THO
    • $GCO
    • $BF.B
    • $LMNR
    • $WSG
    • $PRTY
    • $GES
    • $BBCP
    • $CONN
    • $HEXO
    • $PHR
    • $PVH
    • $RRGB
    • $PLAY
    • $TNP
    • $JW.A
    • $SB
    • $GSM
    • $SRT
    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)

    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

    Monday 6.8.20 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 6.8.20 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 6.9.20 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 6.9.20 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 6.10.20 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 6.10.20 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 6.11.20 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 6.11.20 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Friday 6.12.20 Before Market Open:

    ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    NONE.

    Friday 6.12.20 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    NONE.

    Adobe Inc. $392.90

    Adobe Inc. (ADBE) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, June 11, 2020. The consensus earnings estimate is $2.33 per share on revenue of $3.17 billion and the Earnings Whisper ® number is $2.39 per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat The company's guidance was for earnings of approximately $2.35 per share. Consensus estimates are for year-over-year earnings growth of 26.63% with revenue increasing by 15.51%. Short interest has increased by 3.0% since the company's last earnings release while the stock has drifted higher by 25.6% from its open following the earnings release to be 23.1% above its 200 day moving average of $319.27. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 19, 2020 there was some notable buying of 3,194 contracts of the $410.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 4.8% move on earnings and the stock has averaged a 6.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    United Natural Foods, Inc. $20.78

    United Natural Foods, Inc. (UNFI) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, June 10, 2020. The consensus earnings estimate is $1.41 per share on revenue of $6.67 billion and the Earnings Whisper ® number is $1.42 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 131.15% with revenue increasing by 11.86%. Short interest has decreased by 16.0% since the company's last earnings release while the stock has drifted higher by 202.5% from its open following the earnings release to be 96.1% above its 200 day moving average of $10.60. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, June 2, 2020 there was some notable buying of 2,226 contracts of the $22.50 call expiring on Friday, June 19, 2020. Option traders are pricing in a 17.7% move on earnings and the stock has averaged a 15.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Chewy, Inc. $48.44

    Chewy, Inc. (CHWY) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, June 9, 2020. The consensus estimate is for a loss of $0.11 per share on revenue of $1.55 billion and the Earnings Whisper ® number is ($0.09) per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 37.50% with revenue increasing by 39.78%. Short interest has increased by 37.9% since the company's last earnings release while the stock has drifted higher by 37.5% from its open following the earnings release to be 56.4% above its 200 day moving average of $30.97. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 5.8% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Tiffany & Co. $121.99

    Tiffany & Co. (TIF) is confirmed to report earnings at approximately 6:40 AM ET on Tuesday, June 9, 2020. The consensus earnings estimate is $0.21 per share on revenue of $646.40 million. Investor sentiment going into the company's earnings release has 6% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 79.61% with revenue decreasing by 35.56%. Short interest has decreased by 26.5% since the company's last earnings release while the stock has drifted lower by 4.7% from its open following the earnings release to be 1.9% above its 200 day moving average of $119.75. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, June 5, 2020 there was some notable buying of 9,022 contracts of the $110.00 put expiring on Friday, August 21, 2020. Option traders are pricing in a 6.2% move on earnings and the stock has averaged a 3.5% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    lululemon athletica inc. $319.78

    lululemon athletica inc. (LULU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, June 11, 2020. The consensus earnings estimate is $0.28 per share on revenue of $724.78 million and the Earnings Whisper ® number is $0.30 per share. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 62.16% with revenue decreasing by 7.35%. Short interest has increased by 53.3% since the company's last earnings release while the stock has drifted higher by 66.1% from its open following the earnings release to be 46.8% above its 200 day moving average of $217.77. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, June 4, 2020 there was some notable buying of 1,385 contracts of the $350.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 9.4% move on earnings and the stock has averaged a 7.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Coupa Software $216.94

    Coupa Software (COUP) is confirmed to report earnings at approximately 4:05 PM ET on Monday, June 8, 2020. The consensus earnings estimate is $0.07 per share on revenue of $111.83 million and the Earnings Whisper ® number is $0.10 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat The company's guidance was for earnings of $0.06 to $0.08 per share on revenue of $112.00 million to $112.00 million. Consensus estimates are for year-over-year earnings growth of 450.00% with revenue increasing by 37.48%. Short interest has increased by 7.9% since the company's last earnings release while the stock has drifted higher by 94.9% from its open following the earnings release to be 40.3% above its 200 day moving average of $154.59. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, June 4, 2020 there was some notable buying of 1,085 contracts of the $220.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 12.7% move on earnings and the stock has averaged a 9.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Stitch Fix, Inc. $24.96

    Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Monday, June 8, 2020. The consensus estimate is for a loss of $0.17 per share on revenue of $401.40 million and the Earnings Whisper ® number is ($0.13) per share. Investor sentiment going into the company's earnings release has 53% expecting an earnings beat The company's guidance was for revenue of $465.00 million to $475.00 million. Consensus estimates are for earnings to decline year-over-year by 342.86% with revenue decreasing by 1.83%. Short interest has increased by 4.0% since the company's last earnings release while the stock has drifted higher by 66.4% from its open following the earnings release to be 19.1% above its 200 day moving average of $20.96. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, June 2, 2020 there was some notable buying of 5,092 contracts of the $25.00 call expiring on Friday, June 12, 2020. Option traders are pricing in a 21.2% move on earnings and the stock has averaged a 13.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Lovesac Company $17.84

    Lovesac Company (LOVE) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, June 9, 2020. The consensus estimate is for a loss of $0.69 per share on revenue of $48.22 million and the Earnings Whisper ® number is ($0.65) per share. Investor sentiment going into the company's earnings release has 52% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 2.99% with revenue increasing by 17.73%. Short interest has increased by 20.5% since the company's last earnings release while the stock has drifted higher by 109.9% from its open following the earnings release to be 31.5% above its 200 day moving average of $13.57. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 20.1% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Neptune Wellness Solutions Inc. $3.14

    Neptune Wellness Solutions Inc. (NEPT) is confirmed to report earnings after the market closes on Wednesday, June 10, 2020. The consensus estimate is for a loss of $0.08 per share on revenue of $6.32 million and the Earnings Whisper ® number is ($0.10) per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 100.00% with revenue increasing by 48.36%. Short interest has decreased by 4.7% since the company's last earnings release while the stock has drifted higher by 56.2% from its open following the earnings release to be 6.4% above its 200 day moving average of $2.95. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 19, 2020 there was some notable buying of 2,960 contracts of the $3.00 call expiring on Friday, June 19, 2020. The stock has averaged a 8.1% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Graham Corporation $15.58

    Graham Corporation (GHM) is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, June 10, 2020. The consensus earnings estimate is $0.12 per share on revenue of $32.00 million. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 50.00% with revenue increasing by 35.36%. Short interest has increased by 89.8% since the company's last earnings release while the stock has drifted lower by 21.7% from its open following the earnings release. Overall earnings estimates have been revised lower since the company's last earnings release.

    (CLICK HERE FOR THE CHART!)

    DISCUSS!

    What are you all watching for in this upcoming trading week?

    I hope you all have a wonderful weekend and a great trading week ahead r/stocks.

    submitted by /u/bigbear0083
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    How much does having good knowledge about investing, trading and economy/finance really affect what you earn?

    Posted: 06 Jun 2020 06:45 AM PDT

    I'm new to the game and I often hear that trading is so much about luck etc. I feel like that can't be true and would like to hear how much time you guys have used learning this skill and how it has helped you.

    Thank you!

    submitted by /u/sixteengeese
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    OPEC+ agrees to extend production cuts

    Posted: 06 Jun 2020 08:00 AM PDT

    OPEC+ just agreed to extend production cuts today.

    https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-06-06/opec-agrees-to-extend-output-cuts-as-quota-cheats-offer-penance If you're looking for something to buy into this week with a nice surge, look at oil producers. I bought some HAL calls Friday myself.

    submitted by /u/Phenom462
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    What do you guys think about Monday and next week overall after this insane past week?

    Posted: 06 Jun 2020 08:54 AM PDT

    I know nobody know anything thats certain, but do you think stocks will continue to rise or do you think we'll see a bit of a down period? Maybe people will just enjoy their profits in the meanwhile? At the same time things are opening up fast....

    Is Monday likely to be upwards stocks or downwards? Please, looking for a serious discussion

    submitted by /u/NataliesFeetSweat
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    What are your stocks that you think are unknown great businesses.

    Posted: 06 Jun 2020 10:38 AM PDT

    Buffett always said to not think about buying a stock but buying a business. Long term I think this is still relevant and good for psychology. You pay less attention to the stock price and panic less if it goes down as you're in on the business not the number next to the ticker. So what is your number one stock that you think is a great business that you're bullish on but might be a bit more esoteric and specific to your sphere of competence.

    I'll start with two from the uk that I know well living here and having a good understanding of the business.

    Wetherspoons is a chain of value pubs in the UK. It is very well known here and is known for value drinking. In this regard its got a large moat, if people want to go for a cheap drink they're going to a Wetherspoons. Once pubs open up people are going to go wild and if their pockets are a bit light they're going to be going to Wetherspoons. It's still got a 50% upside to ATH as well. It's a great business that has been battered by corona and Brexit but will be back to above ath and continue to grow long term imo.

    Other UK stock I'm particularly bullish on is games workshop. Its got a basically impassable moat due to its ip and its growing with people like Henry Cavill showing they're doing it on social media. It's a very inelastic market as well as when people get hooked GW has a complete monopoly. The models and all the paraphernalia is so expensive but white collar men just don't care and will pay whatever it costs. Only downside is its been on a tear and is basically trading at ATH as its e-commerce business hasn't been affected by corona much and arguably has done better business with people being at home with little to do. So not sure about the short term upside but as a long play it's solid imo.

    What are the businesses that you know really well from your sphere of influence that you think are great long term investing plays.

    submitted by /u/Thenattylimit
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    JC Penney’s check bounced, RIP

    Posted: 05 Jun 2020 03:18 PM PDT

    JC Penney canceled my order and sent me a check which bounced, then the bank charged me a return fee. They will join Mervyn's in retail heaven.

    submitted by /u/joe-foshow
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    Elliot wave update - A side note, for both bears and bulls

    Posted: 06 Jun 2020 12:23 PM PDT

    A bit ago on the last bearish kick, I posted about being in wave 4 into the Elliot wave. As much as the majority of you loved it, here is the update for what happened since then.

    I mentioned that we were in wave four and that we are going to be moving into wave 5, we wont see a skyrocket as we did from march dip but it will be a slow and a steady upward movement. So far I think what we have seen has been a little sloppy with minor pullbacks here and there but it has been pointing upwards. You can see that the next movement is wave A , that is the drop. Now wait no no, I didnt say massive dip incoming, stop typing and read!

    Image here:

    https://editorial.fxstreet.com/miscelaneous/1-637242047880354398.png

    I am a Technical Analysis and Fundamentals guys, I will have to admit, most technical analysis is thrown out the window in a longer term situation, anything more than a couple of days or a week Tech analysis is less accurate. The next stage makes sense, with every sky rocket rally upwards you will see a pullback which is a Wave A, what follows? a bit of a rebound for everyone who is thinking "oh my that is a really nice price, I missed it last time, all in!!" and the price increases.

    What is the next move? I see this still increasing, news is always going to be "vaccine soon" etc etc etec recovery amazing, we just cured cancer etc. Is that bad? not short term, but hold on here and imagine if our financial system implodes due to the historical gap between economy and stocks. That is not the topic rn, its about my analysis. You have to remember that the market has been also moving by new users who just joined the market very recently. News nowadays is what is driving the market, a good PR can send the market flying to an ATH, the rules have changed but still is all about investors psychologist, however, the investors percentages have changed here. Different people, different psychological behaviors.

    Now the next question, What are we seeing? We are seeing an Uptrend, Low highs and High Highs. It is not a bull trap my technical definition but a bull rally. Now I for one get pissed off looking at charts, 9/10 friends I have are laid off, I have been laid off as a Civil Engineer and I know work as an administrator with a fraction of my usual pay but I am labelled as "employed" , if I had a mortgage, I would be having a heart attack. My two cents is fundamentals will catch in the long term with stock prices.

    Disclaimer = I was betting on a massive dip, I question it now, it is still very possible with one wrong move. Not that I am sitting on the sideline with cash, This week I hit a record high 99.93% in the market and as of Friday I am 82% in the market. It is insanely dangerous for me to catch a dip right now but I am being cautious.

    Trade with caution, I am looking to only keep no more than 30% in the market starting next week.

    Now the question, why should you listen to me? You are not obligated to do so, this is my opinion outside of the Bear vs bull galactic wars. This is only my opinion, you dont need to start typing in all caps saying you got rich in the last month etc, I made green too calm down. Everyone is entitled to their own opinion :)

    submitted by /u/TGxRaspiestimpx
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    What are some of your favorite EFTs that cover "life essential" stocks?

    Posted: 06 Jun 2020 10:30 AM PDT

    For example, I am looking for ETFs like PBJ that cover essential industries and will out perform the SP500 during uncertain times.

    submitted by /u/nuclearoyster
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    May Job report errors

    Posted: 06 Jun 2020 07:03 AM PDT

    Zoominfo IPO

    Posted: 06 Jun 2020 11:14 AM PDT

    For anyone looking for a new stock pick, I highly recommend ZoomInfo, which just IPO'd last week.

    Before I explain why, let me clarify one thing. I am by no means a stock or investment expert. That being said, I work in the technology industry, and ZoomInfo is a tool I use every single day. In fact I would not be able to do my job without ZoomInfo. Allow me to further explain.

    ZoomInfo is a database of contacts at all kinds of companies. They have millions of people in their system, from around the world - CEO's and VP's at Fortune 500 companies, and also info on people at smaller companies and everyone in between. They have people's LinkedIn profiles, email addresses, desk phone number and most importantly cell phone number - I'll explain why that's important in a second.

    Within the B2B (business to business ie selling products to other businesses not consumers) industry, there are two main ways to get customers. The first is to do marketing, and get people to come to you. This is quite difficult to pull off. The easier way is to simply to outbound sales - email and call people who you think would be potential buyers. Even though coldcalling is not socially acceptable for consumer products, within B2B sales it is standard practice and acceptable.

    Now here's the thing - in order to do outbound sales at scale required for growth - you need A LOT of people's contact info - you need accurate info - and the best info you can get is their cell phone - rather than their desk phone.

    As a sales professional - I've evaluated probably over 10 services that offer contact information. I can tell you from my own experience that ZoomInfo is BY FAR the best tool out there. There's literally no serious competition. They are far more accurate than other platforms, they have cell phones (hardly any others have cell phones and the ones that do are incredibly inaccurate).

    That's why almost every company that has a serious outbound sales progam NEEDS ZoomInfo. To give you context, on my 4 person sales team, we spend 30k a year on ZoomInfo - approximately 2/3 of our entire technology budget for the sales team.

    Lastly, I've dealt with ZoomInfo sales people before. Their sales team is a machine. They know how to press customers into buying - which to be honest isn't that hard because, after all, they provide a necessity not a luxury.

    So - because the fill a huge need for any company selling to other businesses, and because they have no competitors who are even close to as good as them, and because they have a massive sales team that executes aggressively - I think they're a great stock pick for a long term investment.

    Hope you enjoyed my perspective, thanks for reading.

    submitted by /u/Saturn_High_Five
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    What are the best tools/ratios to evaluate potential stocks?

    Posted: 06 Jun 2020 08:28 AM PDT

    Very new to investing, i'm basically following other people's suggestions on what to buy. It is working alright for me, but aside from looking at published news articles, what are some ratios/things I can look at to start making decisions for myself?

    Also are there any reliable stock alert sites that will notify you if analysts think a stock is about to grow shor term? (Least amount of work I actually have to do, the better.) Or would it be better for me to do my own research to get ahead of the crowd?

    submitted by /u/bdog4133
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    Benefits of buying secondary offering?

    Posted: 06 Jun 2020 07:53 AM PDT

    Lets say a stock is trading at 9 dollars and secondary offering to public is at 10 dollars. Why would anyone want to buy the secondary offering instead of at trading price? What's the benefit of this?

    I see companies announce secondary offerings that drop price right away and price of offering is usually above current stock price. Just trying to understand, thanks!!

    submitted by /u/MrCaptain23
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    How to locate future markets.

    Posted: 06 Jun 2020 09:26 AM PDT

    I had started my stock market journey a few months back when Covid first became a problem. I was able to recognize that most markets are falling and were more than likely going to make a recovery. I've made a fair amount of money since this recovery has started, but my question is concerning the future. I was easily able to find stocks where I see high return potential, but with most market recovery already happening how am I supposed to find new stocks with potential? Is there a set formula you guys have been following? I have heard of scanners but they are expensive and I'm not sure they are worth it. Any suggestions are good! I'm sure I won't need to know everything right this second as it will more than likely not be till years end where my stocks fully recover but it's always good to plan ahead.

    Sorry about formatting I'm on my iPhone :/

    submitted by /u/ThehutchFromKc
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    Do you chase trades or wait for pullbacks? What is your strategy?

    Posted: 06 Jun 2020 01:05 PM PDT

    I tend to be a perfectionist, overthinker, whatever you want to call it. I often do a bunch of research and come up with trades I like, but when it comes time to act I focus too much on the risks and wait for an entry point that never comes. This often results in me watching a stock take off without me. For example, I picked out a couple bank stocks a couple weeks ago that I liked alot and had my finger on the trigger but I kept waiting for a pullback in the broader market and overanalyzing the potential for defaults. Then Jamie Dimon said some bank was a good value and all of the banks took off. Now I suppose some people would have jumped in right there. I think some people actually even wait for a stock to move before jumping in. But what I did is get.. I dont know.. almost resentful- like Im entitled to have the stock wait for me. This lead to me resolving that it would pull back and I would grab it then. But that didnt happen, and as I saw headlines about banks shooting up, I didnt even want to look at the opportunity I missed so I havent even checked those stocks since. I just hate buying a stock after it makes a big move up, especially one I was onto and watching closely. This strategy or tendency towards patience and restraint has worked out alright in the past but recently its done nothing but crush me.

    So here's my question, when you decide you like a stock do you buy it right away or do you target a price and wait? Do you sleep on it and reanalyze before acting? Do you buy stocks on down days, up days, flat days, or do you not care at all? Do you consider the macro or overall market valuation? What is your strategy on entering trades?

    submitted by /u/krazypills
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    What would you do with $50K right now for the long term?

    Posted: 06 Jun 2020 12:49 PM PDT

    I need ideas on some good potential long term stocks to buy with $50K.

    I traded options like a crazy person from about 40K up to $60k. I realize how stupid this was and have decided to just stick 50K of it in to stocks for the longer term. I'm 27 Years old so have a long horizon.

    Stupid to allocate $8k into cruise lines / airlines?

    submitted by /u/rh901294
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    Shorting a stock you believe in

    Posted: 06 Jun 2020 01:21 PM PDT

    If you think a stock is overpriced now and you own 3 of it, would it make sense to short 1 more and excite and buy more to dca?

    Pro: if it does go down, you profit on your short and can use that profit to buy more of said stock at lower value. Con: if it goes up the value of the stock you own outweigh the loss of the short

    This idea seems stupid I know. Please correct me because I can't think of the other cons.

    submitted by /u/everyman1727
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    AMC

    Posted: 06 Jun 2020 01:01 PM PDT

    Is anyone here buying into AMC puts? Curious what people are doing there.

    submitted by /u/arjayinvests
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    How does the TRAILSTOPLIMIT works if it's set above the market price?

    Posted: 06 Jun 2020 08:52 AM PDT

    I am using ThinkOrSwim platform.

    I have a stock trading at let's say $50 and I set Sell order as
    TRAILSTOPLIMIT
    LMT 100
    TR -10%

    Now, let's say the stock reaches $100, it shouldn't be sold right? Unless it drops to 10% immediately so in that case will be sold at $90.

    Also, my assumption is that if it reaches max to 120 and then drops by 10%, it will be sold so 108$ in this case.

    One of my stocks got sold at LMT price (100 in above example) but the stock kept making uptrend. So, I lost the uptrend gains.

    submitted by /u/wofwinter
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