Daily Advice Thread - All basic help or advice questions must be posted here. Investing |
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Amazon beats, EPS expected: 1.46. Actual: 10.30.
- Apple crushes Q3 expectations, announces 4-1 stock split
- U.S. second-quarter GDP plunged by a record 32.9%, vs 34.7% expected - CNBC
- Big Tech beats earnings massively. We are headed to new all-time highs
- Titan Tech Thursday: Amazon, Google, Facebook, Apple and EA all smash Q2 expectations
- Apple beats $2.58 vs. $2.04 est., announces 4-1 stock split
- Nokia (NOK) beats Q2 earnings
- U.S. weekly jobless claims rise for a second straight week, total 1.434 million — CNBC
- Why did Microsoft crash when Apple, Amazon Google, and Facebook rise?
- Cloudflare (NET) as a long term hold
- UPS shares jump 13% after earnings come in at $2.13 per share vs $1.07 estimates
- How do you read financial news?
- Poke some holes in this income-oriented investment strategy.
- why is the dollar falling? what are the consequences?
- Worth buying more Apple before the split?
- Who Is Buying AMZN, FB, or AAPL Tomorrow?
- Can retail investors ever get access to secured corporate bonds?
- Many people here not in the green on stocks?
- Why doesn't VIG include KO or T?
- Commercial Real Estate: What Happens when Tenants don't Pay Rent?
- Tesla and Panasonic to boost battery density by 20%
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 30 Jul 2020 05:10 AM PDT If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments]  |
| Amazon beats, EPS expected: 1.46. Actual: 10.30. Posted: 30 Jul 2020 01:19 PM PDT https://www.cnbc.com/2020/07/30/amazon-amzn-earnings-q2-2020.html $88.91 billion expected Q3. This is extremely bullish. They brought on 175k seasonal employees and kept 125k. Good jobs paying a living wage. The friction of shopping in person is just too much. No mask controversy when you use your phone to order stuff. [link] [comments]  |
| Apple crushes Q3 expectations, announces 4-1 stock split Posted: 30 Jul 2020 01:34 PM PDT Apple (AAPL) reported its Q3 2020 earnings on Thursday, providing investors and analysts with a more fuller look at how deeply the coronavirus pandemic has impacted the company's sales over the past several months. These are the most important numbers from the report compared to analysts' expectations as compiled by Bloomberg.
Apple's earnings come just a day after CEO Tim Cook sat before the House Judiciary Committee's Subcommittee on Antitrust, Commercial, and Administrative Law to answer accusations that the company abuses its market power to stifle competition in the Apple App Store. The company's Q3 report, however, hasn't been much of a focus for analysts, as much of the conversation about Apple has revolved around the tech giant's upcoming launch of its iPhone 12. The next-generation iPhone is expected to be Apple's first 5G-capable device and could lead to a so-called "super cycle," during which the company would see a larger than normal uptick in iPhone sales. The idea is that consumers who have held on to their devices for several years will jump at the chance to get a new iPhone with a new form of cellular connectivity that promises dramatically increased data. But with consumer personal consumption spending in Q2 falling a whopping 34.6% due to COVID-19 shutdowns, and more than 50 million Americans out of the workforce, investor hopes of a massive uptick in year-over-year iPhone sales in the coming quarters may not be in the cards. https://finance.yahoo.com/news/apple-q3-earnings-2020-203224360.html [link] [comments]  |
| U.S. second-quarter GDP plunged by a record 32.9%, vs 34.7% expected - CNBC Posted: 30 Jul 2020 05:49 AM PDT
The U.S. economy saw the biggest plunge in activity it has ever known in the second quarter, though it wasn't quite as bad as feared. Gross domestic product from April to June plunged 32.9%, according to the Commerce Department's first reading on the data released Thursday. Economists surveyed by Dow Jones had been looking for a drop of 34.7%. Still, it was the worst drop ever, with the closest previously coming in mid-1921. Sharp contractions in personal consumption, exports, inventories, investment and spending by state and local governments all converged to bring down GDP, which is the combined tally of all goods and services produced during the period. Spending slid in health care and goods such as clothing and footwear. Inventory investment drops were led by motor vehicle dealers, while equipment spending and new family housing took hits when it came to investment. Prices for domestic purchases, a key inflation indicator, fell 1.5% for the period, compared to a 1.4% increase in the first quarter when GDP fell 5%, The personal consumption expenditures price index dropped 1.9% after rising a tepid 1.3% in Q1. Excluding food and energy, the "core" PCE prices were off 1.1%. However, personal income soared, thanks in large part to government transfer payments associated with the coronavorus pandemic. Current-dollar personal income rose more than six-fold to $1.39 trillion, while disposable personal income shot up 42.1% to $1.53 trillion. Despite the rise, personal outlays tumbled by $1.57 trillion, due in large part to a drop in services spending. Not the Great Depression nor the Great Recession nor any of the more than three dozen economic slumps over the past two centuries have ever caused such a sharp drain over so short a period of time. By comparison, the worst quarter during the financial crisis of 2008 was the 8.4% GDP drop in the fourth quarter of that year. The previous low-water mark was a 10% slide in the first quarter of 1958, while the worst in recorded history came in Q2 of 1921. This particular tumble in activity owes to a different source than any of its predecessors: a government-induced shutdown aimed at combating Covid-19. Workers across the country were told to stay home from any job not considered essential, resulting in a crushing halt that saw the unemployment rate peak at 14.7%, a post-Depression high. The National Bureau of Economic Research said the current recession actually started in February, a month before the pandemic declaration. First-quarter GDP fell 5%. [link] [comments]  |
| Big Tech beats earnings massively. We are headed to new all-time highs Posted: 30 Jul 2020 02:02 PM PDT Big Tech just beat earnings massively. Apple, Facebook, Amazon pumped NASDAQ almost +2% after hours, and SPY +1%. This is going to lead us to new all-time highs, mark my words. Big Tech is literally dragging SPY higher and higher despite them making such an overwhelming market share. I am impressed with how these companies have handled the pandemic. I'm even more impressed they managed to turn record profits. Those who were expecting another leg down are now preparing for their funeral pyres. I was bearish before but the massive earnings beat today just seals the deal: it's time to be bullish now. Pandemic just hasn't hit the economy as hard, with the exception of travel/airlines. We will break records in SPY and NASDAQ in the coming weeks if not days. [link] [comments]  |
| Titan Tech Thursday: Amazon, Google, Facebook, Apple and EA all smash Q2 expectations Posted: 30 Jul 2020 01:37 PM PDT Amazon: Net Sales: $88.9B (exp $81.24B), EPS: $10.30 (exp $1.46) Google: Revenue Ex-TAC: $31.60B (exp $30.45B), EPS: $10.13 (exp $8.21) Facebook: Revenue: $18.69B (exp $17.31B), EPS: $1.80 (exp $1.39) Apple: Revenue: $59.69B (exp $52.30B), EPS: $2.58 (exp $2.07) EA: Revenue: $1.46B (exp $1.05), EPS: $1.25 ($0.78) [link] [comments]  |
| Apple beats $2.58 vs. $2.04 est., announces 4-1 stock split Posted: 30 Jul 2020 01:34 PM PDT
https://www.cnbc.com/2020/07/30/apple-aapl-earnings-q3-2020.html [link] [comments]  |
| Posted: 31 Jul 2020 02:07 AM PDT "Nokia Corp. (NOK) reported that its second-quarter profit attributable to equity holders of the parent was 94 million euros or 0.02 euros per share compared to a loss of 193 million euros or 0.03 euros per share in the previous year." As a result, NOK share price is +10% pre market. Nokia's increased income was primarily driven by higher income in mobile access networks, progress in cost cutting initiatives and a move to a net positive income over expenses. COVID-19 had an EUR 300 million negative net impact on its net sales; with the majority of these net sales expected to be shifted to future periods, rather than being lost. Nokia expects a higher than expected EPS at the end of the fiscal year. http://nasdaq.com/articles/nokia-turns-to-profit-in-q2-lifts-2020-non-ifrs-eps-view-2020-07-31 [link] [comments]  |
| U.S. weekly jobless claims rise for a second straight week, total 1.434 million — CNBC Posted: 30 Jul 2020 05:48 AM PDT The number of Americans who filed for unemployment benefits last week was roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. economy. Data released by the Labor Department showed initial weekly jobless claims for the week ending July 25 came in at 1.434 million. Economists polled by Dow Jones expected claims to rise to 1.45 million. This also marks the second consecutive week in which initial claims rise after declining for 15 straight weeks. It is also the 19th straight week in which initial claims total at least 1 million. Continuing claims — which are composed of those receiving unemployment benefits for at least two straight weeks — rose by 867,000 to 17.018 million. Data on continuing claims is delayed by one week. The latest claims numbers come as lawmakers struggle to push forward on a new coronavirus relief package. [link] [comments]  |
| Why did Microsoft crash when Apple, Amazon Google, and Facebook rise? Posted: 30 Jul 2020 03:55 PM PDT Honest question. Microsoft had it's best quarter ever and beat earnings expectations, but fell severely. Other tech giants beat earnings and all grew by over 1% (5% if you exclude Google). I am just so confused as to why the giants who posted earnings today had a polar opposite outcome when we are fairly certain unemployment benefits are going away (at least temporarily), a congressional hearing which seems to suggest that the 4 are getting some sort of antitrust regulation in the future, unemployment rose, and the Q2 GFP report came out. [link] [comments]  |
| Cloudflare (NET) as a long term hold Posted: 30 Jul 2020 06:09 PM PDT Looking to make a large investment in cloudflwre the next time it dips. I'm bullish because of how websites rely on them and their superior free product but I'm bearish because of competition like AWS , Google cloud and azure trying to compete with NET. I want to make a big investment but im not too sure what other bear cases there are. What's everyone take here on Cloudflare as a long term invesmtent [link] [comments]  |
| UPS shares jump 13% after earnings come in at $2.13 per share vs $1.07 estimates Posted: 30 Jul 2020 07:14 AM PDT Strong second quarter demand increased net income by 4.7% to $1.77 billion. The company earned $2.13 per share, beating estimates of $1.07 per share. Revenue rose 13.4% to $20.46 billion, beating estimates of $17.48 billion. https://www.cnbc.com/amp/2020/07/30/united-parcel-service-ups-q2-2020-earnings.html [link] [comments]  |
| How do you read financial news? Posted: 31 Jul 2020 03:29 AM PDT I know that the way the question is phrased makes it sound terribly stupid so I will try to explain myself better. Whenever I try to read financial news it feels really overwhelming: a lot of websites to choose from and for each of them hundreds of articles you have to filter out to find useful information. So, my question to more experienced investors is: do you follow a particular routine when you read financial news? What kind of articles do you think may be more informative (apart from those affecting stocks and bonds you are invested in)? Which websites do you prefer and which ones do you think are to avoid completely? Thank you very much. [link] [comments]  |
| Poke some holes in this income-oriented investment strategy. Posted: 30 Jul 2020 06:45 PM PDT I'm considering this strategy with a portion of my investment funds - intermediate-term money, idea being to eventually generate some passive income. Pieces to the strategy:
To start off, getting 100 shares each in a few companies with decent dividends, and then drop the rest into the bond fund, which is set to reinvest automatically. Sell covered calls against shares to generate option premium; take the stock dividends and the premiums and dump them into the bond fund. When there's enough in the bond fund to buy another lot of 100 shares, sell some of that fund, rinse and repeat. As I'm aware, the risks are :
Don't really care if the value of the dividend-paying stocks goes down, because they're mostly there as cash cows for the dividend and to write calls against. Is there more risk to this strategy that I'm not considering? Is the possible income benefit of writing covered calls overstated? Curious to get some outside perspective. [link] [comments]  |
| why is the dollar falling? what are the consequences? Posted: 30 Jul 2020 03:42 PM PDT The dollar agains other currencies and DXY have been on a steady decline lately. I am very worried what's going to happen? What does that mean when the reserve currency is falling? What would be a not stupid way to diversify if you have a good cash position? I was thinking about gold and silver, but i haven't heard anything good about precious metals ETFs like GLD and SLV. And owning physical metals is such a hassle. Was thinking also diversifying some in EUR, but I don't know enough about this subject to be able to play with large amounts. Crypto? too volatile... I'd love to hear your thoughts? I 've omitted the stock market purposefully, as I think it's a giant bubble right. Seems more like a gamble to me than actual hedging. [link] [comments]  |
| Worth buying more Apple before the split? Posted: 30 Jul 2020 06:14 PM PDT I was never able to touch Apple at 700+ so when they split the first time I only bought a few shares thinking people would initially jump on given the low price and artificially inflate the price... thought I'd wait for it to die down... and it never did. Long story short when corona virus hit I took advantage of several stocks that plummeted, Apple being one of them and got in at 240 with my average buy price being 207. Is it worth buying more now? [link] [comments]  |
| Who Is Buying AMZN, FB, or AAPL Tomorrow? Posted: 30 Jul 2020 06:51 PM PDT Do you think it's too late and missed the boat or do you think the incredibly high after hours prices will go even higher so you'll buy in the morning? I'm tempted to get in all of them tomorrow but Facebook is already at $250, Amazon is over $3200 and Apple $408. Those are crazy high, it almost seems like it's not a good idea to get in now BUT, they just keep going up. What are your thoughts on this for tomorrow? [link] [comments]  |
| Can retail investors ever get access to secured corporate bonds? Posted: 31 Jul 2020 01:10 AM PDT I was studying AAL's 10K and the company is... not looking good. They recently issued senior secure corporate bonds with yields of 11.75% though and that made my eyeballs bulge... but of course... it was only available to institutional investors. Further, I was looking at some corporate bonds they issued 3 years ago that are set to expire in 2022. The yields are quite nice, but with these new bonds being issued with an enormous part of their collateral, that just means there's even less collateral for unsecured bondholders, and their balance sheet already indicates a stockholder's deficit of 3.3b$. Knowing there is so much debt in the company and they are flagrantly offering insane bond deals to institutional investors and all their collateral with it, it makes me wonder if there's ever a chance for normal people to be able to buy such bonds? [link] [comments]  |
| Many people here not in the green on stocks? Posted: 30 Jul 2020 02:05 PM PDT I've been DCA'ing in for the last 3 or 4 months. Been going for BRK.B, BABA and LUV so far, mostly in BRK.B I'm in Europe so currency is killing me. I'm down about 3% so far in total (up around 4% on stock prices) So even though the market has been rallying the last few months I'm still down. Anyone in the same boat? [link] [comments]  |
| Why doesn't VIG include KO or T? Posted: 30 Jul 2020 07:49 PM PDT Both have certainly increased their dividends for at least ten consecutive years. The methodology document for the index (DVG) says that stocks must be in DAA (both KO and T are), and also that "additional proprietary eligibility are applied", but it doesn't say what those additional criteria are. Anyone know? [link] [comments]  |
| Commercial Real Estate: What Happens when Tenants don't Pay Rent? Posted: 30 Jul 2020 02:43 PM PDT Let's say a commercial property tenant (retail store, restaurant, etc.) is unable to pay rent. From what I've read online, many commercial property owners, who hold mortgage debt on these properties, are negotiating rent relief with tenants. In turn, the property owner, who holds the mortgage debt on the property, is able to get relief/deferment from the lender as a result of COVID-19. Question: At some point, some one down the line is getting stiffed. Where do the lenders ("big banks") get their money to loan out? Who is getting stiffed? [link] [comments]  |
| Tesla and Panasonic to boost battery density by 20% Posted: 30 Jul 2020 05:15 AM PDT Panasonic is currently upgrading the gigafactory to provide a 5% energy density boost to Tesla's batteries, with a plan to increase the density by 20% over the next 5 years. This should result in 20% fewer batteries being needed, reducing pack cost, size, and weight. This has huge implications on the pack $/kwh and will result in EV costs reaching cost parity with ICE. [link] [comments]  |
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