• Breaking News

    Saturday, July 4, 2020

    Stocks - How is Tesla Stock not in a bubble?

    Stocks - How is Tesla Stock not in a bubble?


    How is Tesla Stock not in a bubble?

    Posted: 04 Jul 2020 03:54 AM PDT

    A 200 billion market cap on a company which has never turned a proper profit. Full of debt and in a cut throat industry where margins are slim and competition is fierce. Tesla is being priced like it will take over the world, that 1/2 cars in the world will be a Tesla. Have people forgotten that Ford, GM, Audi and BMW are all making electric cars now? Have people forgotten the self driving technology being developed by Waymo? Have people forgotten the bottomless pit companies like Microsoft have to dominate in AI and self driving?

    There is virtually zero moat with what Tesla does, once the germans ramp up full self driving electric cars, where will Tesla go?

    As valuations rise, a company has to deliver more and more to justify its price. Eventually it gets to a point where it can't. I want to stress that most great companies were profitable at IPO, Google was profitable, so was Facebook. Companies which don't make money but live on a fairy tale story always end in tears.

    For sure there is a future for Tesla, as electric cars become mainstream, but being priced to take over the car industry is a joke and will not happen. There are many people who drive an Audi and will not drive anything else. Software wise I don't see Tesla having any major lead over Big Tech, Microsoft and Audi can very much work together on a self driving electric car.

    I know Tesla is a cult and has loyal fans, but you can't compare it to Apple. Apple produce a great product (the iphone) with a massive moat (the apple ecosystem) around it, Tesla doesn't have a moat.

    Please explain to me why this valuation is not a bubble? It looks like dot com 2.0 all over again.

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

    Snowflake IPO

    Posted: 04 Jul 2020 10:27 AM PDT

    What do you guys think of this company? Seems like a very good long-term investment. Salesforce is one of the investors, Amazon and Google are some of the clients, new CEO came from ServiceNow, revenues are keep growing at a rapid pace. Sounds like a no-brainer. What am I missing here?

    submitted by /u/MaxandmillionB89
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning July 6th, 2020

    Posted: 04 Jul 2020 06:19 AM PDT

    Good Saturday morning 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 July 6th, 2020.

    For markets in week ahead, investors will gauge the severity of the coronavirus spread - (Source)


    Stocks in the week ahead will focus on the severity of the spread of the coronavirus, during what should be a lull between Thursday's strong jobs report and the upcoming earnings season.


    Stocks had a bang-up week, in the four days ahead of the long July 4 weekend, with all indexes making sharp gains. A surprise record gain of 4.8 million jobs in June lifted stocks on Thursday, boosting sentiment into the weekend. The S&P 500 was up 4%% at 3,130, and the Dow was up 3.2% at 25,827%, in their best week since June 5. The Nasdaq, up 4.6% posted its best week since May 7 and closed at a record 10,207.


    Tom Lee, founder of Fundstrat, said the market has further to go, even with new U.S. coronavirus cases reaching a record daily high above 50,000.


    "There's more weak sellers, and I think the market is in the hands of buyers. I think stocks are going to do pretty well in July," he said. "There's just too much cash on the sidelines, and there's concern about the virus. There's too much concern about the economy. There is just too much of a wall of worry."


    Stocks have been able to shrug off the spreading coronavirus outbreak that has resulted in renewed shutdowns of some economic activity and delays to some anticipated openings. There is concern those economic closings could be a blow the recovery, making it more shallow and less sustainable than expected.


    Earnings season starts mid-month, and there are just a few reports in the coming week. Levi Strauss releases earnings Tuesday, Bed, Bath and Beyond is Wednesday, and Walgreens Boots Alliance reports Thursday.


    According to Refinitiv, second-quarter earnings are expect to be down 43%.


    As earnings start to roll out, Congress may also be a focus for markets as it negotiates the next round of stimulus.


    "We know July is going to be difficult unless we get more fiscal policy," said Art Hogan, chief market strategist at National Alliance. "The labor market is going to run dry or at least slow down because part of it is helped by government assistance."


    Congress has a small window after July 20 to debate the phase 4 Covid stimulus package, which is expected to include a renewal of enhanced unemployment benefits that expire at the end of July. But there's disagreement on what those benefits should be, and how big the package should be. It also is expected to include aid for state and local governments.


    As states shut activity again, there is concern that some data that has shown big improvements may not continue to do so. "Are markets prepared to see sequential data that doesn't improve? At some point the markets may pay more attention to that, but right now we're riding on a wave of better data and positive vaccine news," Hogan said, adding a worrisome wild card is the extent of the outbreak.


    In the week ahead, there are just a few data releases, including jobless claims Thursday. They will again be important, especially after continuing claims actually rose in the past week's release by 59,000 to 19.3 million, despite the surge in rehiring, evident in the June employment report.


    ISM nonmanufacturing data will be released Monday, and it will also get more than the usual attention.


    "The key to next week is going to be the ISM services number, which will be important because of the dependence we have on the service side of the economy," said Peter Boockvar, chief investment strategist at Bleakley Advisory Group.


    But it's virus news that may ultimately decide the course of the market and the economy.


    "I think there's people watching 12 vaccines, but nobody really has an idea on the cadence of the news. If it gets negative, it's negative for markets," said Lee. In the past week, stocks reacted to positive vaccine news from Pfizer.


    Lee said the market has been able to look past the concerning rise in cases because death rates have been lower in the latest outbreak, which is affecting far more younger people.


    "I think it's telling us cases are less important than severity," Lee said, adding the outbreak is still a big risk for markets. "It would be important for Texas , Florida or California to show a local peak."


    In the coming week, the Treasury will auction $46 billion 3-year notes Tuesday, $29 billion reopened 10-year notes Wednesday and $19 billion in reopened 30-year bonds Thursday.


    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 Thursday's close:

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

    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!)

    Thursday's Stock Analyst Upgrades & Downgrades:

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

    July Market Seasonality

    At the start of each month, we send members our seasonality report that highlights the historical performance of the US stock market by month. In our July report published yesterday, we highlighted the chart below which shows the Dow's average change by month over the last 100, 50, and 20 years. One notable trend is that over the last 20 years, the Dow has actually averaged declines in half of all months. The summer months have been particularly negative, but July is the one month that stands out on the bullish side. As shown in the table, July is the only month from May through September that has averaged gains over the last 20 years, and the average gain has been quite strong at 1.32%.

    (CLICK HERE FOR THE CHART!)

    The Best Quarter Since 1998

    What a quarter the second quarter was, with the S&P 500 Index adding 20.0%, for the best quarter since 1998 and the best second quarter since 1938. Of course, stocks fell 20% in the first quarter, so what we really have is a bad case of whiplash in 2020 thus far.

    "A 20% quarterly gain is quite rare, but the catch is previous large quarterly gains have actually led to continued strength," according to LPL Financial Senior Market Strategist Ryan Detrick. "In fact, a quarter later stocks have been higher the past 8 times after gaining at least 15% during the previous quarter."

    As the LPL Chart of the Day shows, future strong returns are quite normal after a big quarter. Although it might not seem likely given the headlines and magnitude of the current bounce, it is important to be aware that extreme strength usually begets more strength.

    (CLICK HERE FOR THE CHART!)

    2020 is halfway over, which means the third quarter is upon us. Historically, the third quarter has been the weakest quarter of the year.

    (CLICK HERE FOR THE CHART!)

    Breaking it down more though shows that July has been actually the strongest month during the summer. August and September have tended to be troublesome and dragged the third quarter down.

    (CLICK HERE FOR THE CHART!)

    Why Stocks Can Predict The Next President

    Although the fight against COVID-19 continues to dominate the headlines and our thoughts are with those affected, this is an election year and as we get closer to November it will begin to garner more attention. Next week in our Weekly Market Commentary, we will discuss the election in more detail, but today we wanted to share a very interesting connection between the stock market and election.

    Turns out, since 1928, the stock market has accurately predicted the winner of the election 87% of the time and every single year since 1984. It is quite simple. When the S&P 500 Index has been higher the three months before the election, the incumbent party usually won, while when stocks were lower, the incumbent party usually lost.

    "Think about it; no one expected Hillary Clinton to lose back in 2016, no one except the stock market that is," explained LPL Financial Senior Market Strategist Ryan Detrick. "The Dow had a 9-day losing streak directly ahead of the election, while copper (more of a President Trump infrastructure play) was up a record 14 days in a row, setting the stage for the change in party leadership in the White House."

    As shown in the LPL Chart of the Day, as we get closer to the election, how stocks are doing could signal who might win in November.

    (CLICK HERE FOR THE CHART!)

    First Half and Q2 2020 Asset Class Performance

    Global pandemics, bear markets, bull markets, countless records in economic data, and widespread protests made for an eventful first half of 2020, to say the least. In the table below we show the total return of various asset classes using key ETFs in June, Q2, and the first half of 2020. As shown, overall the best performing assets in June could be found outside the US as international stocks surged. Hong Kong (EWH) in particular was the best performing asset in June. Oil (USO) similarly saw solid returns of 8.42% during the month but remained the second-worst performing asset in Q2 behind Natural Gas (UNG) which was also the worst-performing asset in June. Additionally, oil was the worst-performing asset in the first half of the year. Meanwhile, although their returns were more muted in Q2 and June, Treasuries (namely at the long end of the curve) were some of the top performers in the first half. Precious metals similarly were strong performers in the first half with particular strength from silver (SLV) in Q2. Silver actually saw returns in line with cyclical equities in Q2.

    In terms of the US equities space, the Tech heavy Nasdaq 100 (QQQ) drastically outperformed closing out June with a 16.91% gain in the first half. In Q2 and June, it was also the best performing major index by a wide margin. On a sector basis, Technology (XLK), Energy (XLE), and Consumer Discretionary (XLY) all rose over 30% in Q2 just like the Nasdaq did, though their first half and June returns were more modest with the exception of the Tech sector whose returns were more in line with that of the Nasdaq.

    Investing based on market cap saw some interesting dynamics as well. Even though small caps are some of the major US indices down the most on the year—S&P 600 Small Caps (IJR) are down 17.89% and the Russell 2000 (IWM) is down 12.96% YTD—there was some catch up in June as these indices were some of the best performers. That applies to both growth and value names though small cap value (IJS) is still one of the most beaten-down groups in the US equities space. On the other hand, large-cap growth (IVW) offered the strongest returns in June, Q2, and the first half when compared to the various other style ETFs.

    Outside of the US, even with big gains in June, countries like Brazil (EWZ), France (EWQ), Italy (EWI), and Spain (EWP) remain down big on the year.

    (CLICK HERE FOR THE CHART!)

    Market Stronger Before Independence Day Holiday than After

    Over the last 21 years, the trading day before Independence Day has been stronger than the day after. DJIA and S&P 500 have advanced 60.9% of the time with average gains of 0.15% and 0.12% respectively on the day before. NASDAQ and Russell 2000 are slightly softer on the day before, but still lean bullish. On the trading day after Independence Day all four indexes have declined more frequently than advanced. DJIA has recorded the fewest number of advances while Russell 2000 has the worst average performance with a 0.14% loss.

    (CLICK HERE FOR THE CHART!)

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


    • $PAYX
    • $ASPU
    • $SMPL
    • $WBA
    • $BBBY
    • $LEVI
    • $SGH
    • $MSM
    • $HELE
    • $AZZ
    • $WDFC
    • $GBX
    • $NTIC
    • $MARK
    • $SAR
    • $SLP
    • $FC
    • $SJR
    • $JMDA
    • $EXFO
    • $CPST

    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR MOST NOTABLE EARNINGS RELEASES FOR THE NEXT 3 WEEKS!)

    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 7.6.20 Before Market Open:

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

    NONE.

    Monday 7.6.20 After Market Close:

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

    NONE.


    Tuesday 7.7.20 Before Market Open:

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

    Tuesday 7.7.20 After Market Close:

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

    Wednesday 7.8.20 Before Market Open:

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

    Wednesday 7.8.20 After Market Close:

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

    Thursday 7.9.20 Before Market Open:

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

    Thursday 7.9.20 After Market Close:

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

    Friday 7.10.20 Before Market Open:

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

    NONE.


    Friday 7.10.20 After Market Close:

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

    Paychex, Inc. $76.59

    Paychex, Inc. (PAYX) is confirmed to report earnings at approximately 8:15 AM ET on Tuesday, July 7, 2020. The consensus earnings estimate is $0.61 per share on revenue of $911.68 million and the Earnings Whisper ® number is $0.63 per share. Investor sentiment going into the company's earnings release has 44% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 3.17% with revenue decreasing by 7.01%. Short interest has increased by 20.3% since the company's last earnings release while the stock has drifted higher by 29.8% from its open following the earnings release to be 1.5% below its 200 day moving average of $77.72. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, June 12, 2020 there was some notable buying of 2,124 contracts of the $75.00 call expiring on Friday, September 18, 2020. Option traders are pricing in a 5.6% move on earnings and the stock has averaged a 1.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Aspen Group, Inc. $8.74

    Aspen Group, Inc. (ASPU) is confirmed to report earnings after the market closes on Tuesday, July 7, 2020. The consensus estimate is for a loss of $0.05 per share on revenue of $13.49 million and the Earnings Whisper ® number is ($0.04) per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 44.44% with revenue increasing by 32.07%. Short interest has increased by 62.3% since the company's last earnings release while the stock has drifted higher by 15.0% from its open following the earnings release to be 14.4% above its 200 day moving average of $7.64. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 11.3% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Simply Good Foods Company $20.20

    Simply Good Foods Company (SMPL) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, July 8, 2020. The consensus earnings estimate is $0.16 per share on revenue of $224.49 million and the Earnings Whisper ® number is $0.17 per share. Investor sentiment going into the company's earnings release has 72% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue increasing by 60.96%. Short interest has increased by 1.7% since the company's last earnings release while the stock has drifted higher by 3.5% from its open following the earnings release to be 9.9% below its 200 day moving average of $22.42. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, June 15, 2020 there was some notable buying of 2,010 contracts of the $17.50 put expiring on Friday, July 17, 2020. Option traders are pricing in a 9.8% move on earnings and the stock has averaged a 4.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Walgreens Boots Alliance Inc $41.98

    Walgreens Boots Alliance Inc (WBA) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, July 9, 2020. The consensus earnings estimate is $1.07 per share on revenue of $34.23 billion and the Earnings Whisper ® number is $1.11 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 27.21% with revenue decreasing by 1.04%. Short interest has decreased by 4.9% since the company's last earnings release while the stock has drifted higher by 4.5% from its open following the earnings release to be 16.7% below its 200 day moving average of $50.37. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, June 24, 2020 there was some notable buying of 3,173 contracts of the $46.00 call expiring on Friday, July 17, 2020. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 5.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Bed Bath & Beyond, Inc. $10.81

    Bed Bath & Beyond, Inc. (BBBY) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, July 8, 2020. The consensus estimate is for a loss of $1.40 per share on revenue of $1.32 billion and the Earnings Whisper ® number is ($1.46) per share. Investor sentiment going into the company's earnings release has 27% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1,266.67% with revenue decreasing by 48.70%. Short interest has increased by 1.2% since the company's last earnings release while the stock has drifted higher by 105.5% from its open following the earnings release to be 0.5% above its 200 day moving average of $10.76. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, July 1, 2020 there was some notable buying of 17,877 contracts of the $11.00 put expiring on Friday, July 17, 2020. Option traders are pricing in a 16.0% move on earnings and the stock has averaged a 11.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Levi Strauss & Co. $13.35

    Levi Strauss & Co. (LEVI) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, July 7, 2020. The consensus estimate is for a loss of $0.42 per share on revenue of $709.62 million and the Earnings Whisper ® number is ($0.40) per share. Investor sentiment going into the company's earnings release has 31% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 347.06% with revenue decreasing by 45.95%. Short interest has increased by 14.2% since the company's last earnings release while the stock has drifted higher by 4.7% from its open following the earnings release to be 17.9% below its 200 day moving average of $16.25. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 6.7% move on earnings in recent quarters.

    (CLICK HERE FOR THE CHART!)


    SMART Global Holdings, Inc. $27.03

    SMART Global Holdings, Inc. (SGH) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, July 7, 2020. The consensus earnings estimate is $0.67 per share on revenue of $280.93 million and the Earnings Whisper ® number is $0.61 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat The company's guidance was for earnings of $0.63 to $0.73 per share on revenue of $270.00 million to $300.00 million. Consensus estimates are for year-over-year earnings growth of 97.06% with revenue increasing by 19.21%. Short interest has decreased by 6.9% since the company's last earnings release while the stock has drifted higher by 5.6% from its open following the earnings release to be 6.9% below its 200 day moving average of $29.04. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 13.4% move on earnings and the stock has averaged a 11.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    MSC Industrial Direct Co. Inc. $73.10

    MSC Industrial Direct Co. Inc. (MSM) is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, July 8, 2020. The consensus earnings estimate is $1.20 per share on revenue of $834.99 million and the Earnings Whisper ® number is $1.23 per share. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 17.24% with revenue decreasing by 3.64%. Short interest has increased by 13.2% since the company's last earnings release while the stock has drifted higher by 20.5% from its open following the earnings release to be 6.4% above its 200 day moving average of $68.68. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 8.5% move on earnings and the stock has averaged a 2.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Helen of Troy Ltd. $185.85

    Helen of Troy Ltd. (HELE) is confirmed to report earnings at approximately 6:45 AM ET on Thursday, July 9, 2020. The consensus earnings estimate is $1.57 per share on revenue of $369.27 million and the Earnings Whisper ® number is $1.63 per share. Investor sentiment going into the company's earnings release has 44% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 11.80% with revenue decreasing by 1.88%. Short interest has increased by 10.9% since the company's last earnings release while the stock has drifted higher by 13.2% from its open following the earnings release to be 13.4% above its 200 day moving average of $163.91. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 5.1% move on earnings and the stock has averaged a 10.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    AZZ Inc. $33.13

    AZZ Inc. (AZZ) is confirmed to report earnings at approximately 6:30 AM ET on Thursday, July 9, 2020. The consensus earnings estimate is $0.76 per share on revenue of $279.10 million. Investor sentiment going into the company's earnings release has 38% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 6.17% with revenue decreasing by 3.47%. Short interest has increased by 32.6% since the company's last earnings release while the stock has drifted higher by 3.6% from its open following the earnings release to be 9.9% below its 200 day moving average of $36.79. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 14.5% move on earnings and the stock has averaged a 6.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    DISCUSS!

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


    I hope you all have a wonderful 4th of July weekend and a great trading week ahead r/stocks.

    submitted by /u/bigbear0083
    [link] [comments]

    WHO predicts Covid-19 could last 3-5 years. Fauci says 100,000 infections a day in US soon. Covid-19 Testing Companies could just be getting started.

    Posted: 04 Jul 2020 02:21 PM PDT

    The WHO announced they think it will take the world 3-5 years to be past Covid-19.

    Fauci this week said we will soon be at 100,000 infections a day in the US. This makes me think that Covid-19 testing companies may have a massive runway ahead of them.

    I am focused on Hologic (HOLX). They are producing 1,000,000 Covid-19 tests a week right now ... while the US has tested 33,000,000 people since the pandemic began. When I do the math it seems like they are producing a huge % of the tests being used daily right now. I'm also always more comfortable with S&P 500 companies as they are less likely to be flash in the pan companies that disappear after a couple years.

    Even though them and other testers have seen huge boosts in stock price, it seems like that party may just be getting started if in fact WHO and Fauci are right.

    What other testing companies are you guys focusing on?

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

    My mom won McDonalds Stock

    Posted: 03 Jul 2020 08:35 PM PDT

    My mom worked as a McDonalds cashier for a few years in the late 70s and won a contest for being their fastest cashier or something like that lol.

    Anyway, she receives a dividend of approx $40 every quarter - I remember it being like $10 when I was little and thats when she told me the story.

    I searched google which said the dividend was $3.04% which $160 a year would be about $5263 in stock value.

    She received this check but how would she go about selling the stocks? She doesnt think she has any paperwork for them but they most know she owns it or they wouldnt send the dividend right?

    Thanks for any help!

    submitted by /u/wdl31986
    [link] [comments]

    Some interesting news in the stock market this week

    Posted: 04 Jul 2020 03:36 AM PDT

    Graf Industrial $GRAF announced its plan to merge with a maker of laser sensors for self-driving vehicles, Velodyne Lidar. The business has good credentials with over 300 customers including Ford and Mercedes. Following the merger Ford, Hyundai and Nikon will hold 80% of the stock. The valuation at 18x revenues is not cheap and reflects 60% annual growth expectations. Velodyne's impressive list of backers and customers gives credibility to those forecasts.

    Micron'$MU reported earnings that beat expectations with sequential improvement and guided to growth next quarter. Revenues were up 13% while adjusted EPS grew 80%. It's the first sequential improvement for six months and a good indicator that the memory chip cycle may be on the turn. Chip manufacturers have been cutting capacity but now the 5G phone cycle is driving a big increase in DRAM and NAND bits per phone and the new Xbox and PlayStation consoles should also provide a boost.

    My Size $MYSZ, is a highly speculative mobile device measurement solutions provider for e-commerce fashion. The company reported this week that two French retail brands, La Pièce and Habillez-moi, are integrating MySizeID into their e-commerce websites in order to increase customer loyalty and reduce returns. My Size offers online retailers innovative measurement and sizing solutions to reduce expensive returns triggered by size errors. It's a high risk nanocap with a market capitalization of just $8 million yet has huge potential with its patent protected MySizeID solution that has been licensed by platforms, including Shopify and Lightspeed.

    Hepion Pharmaceuticals $HEPA (WARNING SPECULATIVE EARLY STUDY NANO CAP) jumped on Tuesday after reporting that it was "exceedingly pleased" that its CRV431 Non-Alcoholic Steatohepatitis (NASH) treatment continues to be very well tolerated throughout the entire Phase 1 program, which well positions Hepion for upcoming Phase 2a clinical trial in NASH patients.

    Dr. Robert Foster, CEO of Hepion Pharmaceuticals has said that the drug candidate "CRV431 offers a novel approach to the treatment of fibrosis caused by NASH and possibly other causes of liver injury,". He went on to add "This is because CRV431 acts, in part, by directly targeting fibrotic scar formation by down-regulating an important regulator of collagen synthesis, cyclophilin B, thereby reducing collagen production. This contrasts with most other NASH drug candidates that target events such as dyslipidemia or diabetes that may lead to fibrosis. Combining the direct antifibrotic actions of CRV431 with the indirect actions of other drug candidates likely represents the best opportunity for rapidly and effectively decreasing liver fibrosis in NASH."

    The global Non-Alcoholic Steatohepatitis (NASH) market is expected to exceed US$20.0 Billion by 2025 growing at a CAGR of more than 10.0% during the period from 2018-2025. Hepion has a long way to go before approval or commercialization of its drug. However, with a market cap of just $26 million, even a small chance of developing a successful treatment for such a large prize makes this an interesting stock.

    This is not a recommendation to buy or sell. Stocks are not suitable for everyone. Some of the stocks mentioned are risky small cap and/or highly speculative. Please do your own research.

    submitted by /u/InterestingNews1
    [link] [comments]

    What’s your favorite semi conductor investment?

    Posted: 04 Jul 2020 08:41 AM PDT

    Do you prefer to invest in one of the main developers such as INTC, AMD, it NVDA?

    Do you prefer to invest in manufacturers like TSM and MU?

    What do you think is the better angle and why?

    I hold shares of Intel, amd, and Qualcomm currently, but I really like the industry as we go in to self drive tech and other industries requiring the technology. Considering doubling down on my current holdings or branching out in to manufacturing more.

    What do you guys think?

    submitted by /u/EithneDraoct
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    Hold TSLA?

    Posted: 04 Jul 2020 01:20 PM PDT

    I normally have diamond hands, but with the recent jump in TSLA, I'm super tempted to sell and buy back if the price ends up decreasing or just take my profits if it ends up increasing since I bought in at ~650 and then buying into something I'm more comfortable with like MSFT. Thoughts?

    submitted by /u/AlucardIsHard
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    What are "E-mini Nasdaq 100 Future June 20"??

    Posted: 04 Jul 2020 02:30 PM PDT

    I'm looking into FSPGX, a growth mutual fund from Fidelity. Their top holding is 8.67% in "E-mini Nasdaq 100 Future June 20".

    Can someone please explain what this is? and how risky this is?

    Part of its summary is "Lending securities to earn income for the fund." Does this have to do with the Futures?

    submitted by /u/peaceful_manlet
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    ARKK vs ARKW

    Posted: 04 Jul 2020 11:19 AM PDT

    Investing for the long term and thinking of putting 10-15% of my Roth into either ARKK or ARKW. Which of the two do you like better?

    submitted by /u/ftstacks
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    Is the American market open on Monday?

    Posted: 04 Jul 2020 03:13 PM PDT

    Or was it just Friday that was the holiday

    submitted by /u/shewenttotalanakin
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    Do defence companies like RTX, LMT and NOC have to report earnings from Top Secret Projects & Contracts?

    Posted: 04 Jul 2020 07:37 AM PDT

    I thought this would be an interesting question that I haven't seen asked on here before. I'm talking about companies like RTX, LMT and NOC. We can assume that they are developing aircraft, weapons systems and tech that we, the public, cannot possibly know about yet for reasons of national security.

    We can also assume that there are already multiple weapons systems that have ALREADY been developed that we have no, or limited knowledge of. We know, for example, that Northrop is developing the B-21 Raider, which will be the new heavy stealth bomber for the USAF. What we know about this aircraft and contract is limited, but NOC will already be earning from this, in the form of funding, before the completion and delivery of said aircraft.

    My question is, do these companies report earnings from confidential government contracts & projects in quarterly statements?

    submitted by /u/AlreadyReReddit
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    Great idea where everyone wins

    Posted: 04 Jul 2020 02:41 PM PDT

    We all collectively choose a date and all buy stocks from the same company! It's a win-win situation! (I'm joking, but wouldn't it be perfect if it were possible?)

    submitted by /u/BlueDragon1813
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    Long term - GAN, DKNG, PENN

    Posted: 03 Jul 2020 10:06 PM PDT

    Now that we are past most of the hype from about a month ago, what are your thoughts on these for the long term (5+ years)?

    Sports will surely come back and it seems like a wise investment to me (but I'm fully aware of all the confirmation bias I have been finding in my research).

    I understand if you feel that there might be better places to put your money, but does anyone actually think these will go down over this time period?

    Appreciate your thoughtful and well verbalized insights and I hope to avoid the "to the moon 🚀🚀" comments.

    Edit: I'm considering buying all 3

    submitted by /u/Scotching123
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    Fund options for 529 and 401k

    Posted: 04 Jul 2020 02:29 PM PDT

    Hi all!

    I need input/feedback on choosing the right funds for my kids' 529 accounts and my 401k.

    529: Using vanguard, started investing ~2yrs ago, currently using their "aggressive age based" fund. I've been considering switching to VOO instead, since I don't care about exposure to non-US stocks. Question: Are there better options? I won't need to withdraw from these accounts for another 12-15 yrs (my kids are 5 & 1).

    401k: Employer sponsored account in vanguard. I've been aggressively contributing for ~7yrs (maxing out pre-tax, and additionally converting post-tax to Roth). I've been using vanguard's "target retirement 2050" fund, but again I'm not happy with the amount of exposure to non-US stocks and bonds (about 38% according to the fund description page). VOO is again an option here, but I'm torn if it's prudent to put so much of my assets into just one fund. Any advice for me?

    In general, what do people think is the right exposure to non-US securities and why?

    Thanks in advance for your time!

    PS: although this is my first post here, I've already benefited and learnt so much from just lurking around. Thank you, y'all rock!

    submitted by /u/vedyval
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    Buy an US Company call or warrant on DEGIRO

    Posted: 04 Jul 2020 02:15 PM PDT

    I am looking to either buy a call or a warrant of TSLA. I would prefer buying a call but it appears DEGIRO only allow to make call on index (for US, in europe you can buy companies call). If you can indicate me if I can actually buy warrant from an US company (I saw one at the frakfurt exchange but would prefer to buy it on NDQ) and also how it work. I know how call work but warrant are a bit different apparently

    Thanks for your help!

    submitted by /u/TechFan_Theo
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    Relatively new to securities, anybody got any stories or wisdom on what markets look like come election week and/or even election day?

    Posted: 04 Jul 2020 02:01 PM PDT

    Is it simply highly volatile? Similar to an anticipated earnings report?

    submitted by /u/the_most_low
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    Investing in ETF

    Posted: 04 Jul 2020 10:15 AM PDT

    I currently have about $5k I want to invest in ETFs. I am looking at ARKW, WCLD, SKYY, VTI, or QQQ.

    I am open to investing into 2 of these and splitting the 5k.

    When is a good time to buy into these? Also should I invest little by little into these or just dump all of the money in right now?

    Thanks!

    submitted by /u/Kash555
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    Stock Trading GC

    Posted: 04 Jul 2020 09:35 AM PDT

    Hey what's up, I'm slightly experienced when it comes to trading, but are there any group chats available for day trading in the community?

    submitted by /u/BoldmanBurgess
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    Stock Market is the Most Overvalued over Last 50 Years Based on P/E Ratio

    Posted: 04 Jul 2020 06:37 AM PDT

    https://thetradable.com/opinions/stock-market-is-the-most-overvalued-over-last-50-years-based-on-pe-ratio

    Analysis of the P/E ratio by Michael Venuto shows that the stock market is now overvalued more than in the past half century.

    submitted by /u/BedGreedy
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    Should I invest in American stocks? Me being Canadian

    Posted: 04 Jul 2020 12:31 PM PDT

    I started with Canadian companies but I see a lot of potential in the American market, should I invest?

    submitted by /u/BlueDragon1813
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    Looking for good renewable energy stockS

    Posted: 04 Jul 2020 12:15 PM PDT

    Hi

    Im looking for good renewable energy stocks or young companies

    Thanks

    submitted by /u/Dassomi
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    New iGaming stock GNOC which is an US online casino

    Posted: 04 Jul 2020 01:31 AM PDT

    Recommendation for resource (blog, blog, youtube channels, reading materials

    Posted: 04 Jul 2020 08:05 AM PDT

    Looking for some resources on unconventional, unknown , notsosexy stocks. Any recommendations? Newsletters, blog etc. Please let me know...

    Thanks in advance.

    submitted by /u/ajaferi
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