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.
- After crushing earnings, Salesforce announces layoffs of 1000
- Fed Seen Holding Rates at Zero for Five Years in New Policy
- Any input on how Powell's Jackson Hole will impact the markets moving forward?
- This Feels Very Similar To the 2018 "Top" Before the Vix Blowup
- Fidelity’s Chief Strategist starts Bitcoin Index Fund with $100K minimum buy-in
- CCH/UTZ Merger DD UTZ quality foods
- Big investors bought up lots of MU and CSCO stocks
- Blackberry- Hidden Gem
- Should I hold or sell AC stock?
- Invest in QQQ Now?
- Protecting a massive short term gain (sell now, buy puts, straddle/strangle with options)
- Tradixa - Snap to go up after Tik Tok ban?
- You can buy call options without the money up front? So what happens if the price drops and you cant pay?
- Why hasn't Gamestop experienced a massive short squeeze?
- State of the market: I think we all can see that most of the money since the great dip in March has flowed into "coronavirus" stocks such as big tech, delivery, home improvement, grocery stores/food staples and other non-recovery stocks. At this point they are being valued as quasi-safety stocks.
- Calculating Implied Default Rate For A Bond ETF
- Real Time tracking of Hong Kong Market
- SPG - Simon Property Group
- SEC Expands Accredited Investor Definition
- Current spike in tech/biotech stock prices
- Investing in semiconductor etf? Soxx/smh?
- ACATS transfer question
- Are Uber and Lyft going to be the middle men that cut out of autonomous driving?
- Is there a way to see all upcoming IPOs for "next week" or "tomorrow" ?
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 26 Aug 2020 05:12 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]  |
| After crushing earnings, Salesforce announces layoffs of 1000 Posted: 26 Aug 2020 11:36 AM PDT Here's how the company did:
Stock is up 25% and 60% YTD. https://seekingalpha.com/news/3609085-salesforce-begins-job-cuts-after-record-earnings-wsj [link] [comments]  |
| Fed Seen Holding Rates at Zero for Five Years in New Policy Posted: 26 Aug 2020 01:24 PM PDT
[link] [comments]  |
| Any input on how Powell's Jackson Hole will impact the markets moving forward? Posted: 26 Aug 2020 06:46 PM PDT Wondering what the investing community was thinking about Jackson Hole tomorrow and what, if any, adjustments are being made to your respective portfolios. Powell is scheduled to speak about 30 minutes before markets open tomorrow and the event itself will span two days until Friday I believe. https://www.nytimes.com/2020/08/26/business/economy/fed-meeting-powell.html [link] [comments]  |
| This Feels Very Similar To the 2018 "Top" Before the Vix Blowup Posted: 26 Aug 2020 04:30 PM PDT Nothing huge here, but I just wanted to share a thought that the recent market behavior feels eerily reminiscent of the recent market in January 2018, with the exception that we are not coming out of a low volatility environment like we were back then. We get a lot of discussion of comparisons to 2000, but I wanted to bring up a more recent time that feels quite similar. Just Some Anecdotes & Similarities
Thing is, just like 2018, I can easily see markets continuing to grind higher for at least a little while, and we're clearly not going to see a blowout in a VIX ETN like we did back then. But to say that things feel really stretched right now is a massive understatement. There are a few other items I've been picking up on, but they probably aren't really worth discussing here. [link] [comments]  |
| Fidelity’s Chief Strategist starts Bitcoin Index Fund with $100K minimum buy-in Posted: 26 Aug 2020 10:45 AM PDT https://www.coindesk.com/fidelitys-chief-strategist-starts-bitcoin-index-fund Some key points:
[link] [comments]  |
| CCH/UTZ Merger DD UTZ quality foods Posted: 26 Aug 2020 07:40 PM PDT This post was meant for WSB but they dont let you post spacs i guess, so i hope you guys appreciate UTZ/CCH MERGER Listen up smooth brains, I know youre sick of these crazy premiums, and are looking for the next sleeper pick to jump in on, so here it is. Tomorrow (8/27/20) at 9am a $CCH shareholder vote will be held to merge blank check/spac company Collier Creek Holdings, with Utz Quality Foods snack giant. And im about to tell you why you should put your chips in (no pun intended). If the vote goes through, the ticker will change to $UTZ. This is the same SPAC merger structure that Draftkings (DKNG) and Nikola Motors (NKLA) and Virgin Galactic (SPCE) "Why would I bet on a snack company IPO paulbo? That's not EVs, gambling, or space travel" Well, my friend, semiconductor chips aren't the only kind of chips you can make money on in the stock market, and ill tell you why. But first, for those who aren't aware of UTZ, ill give you a little introduction. Here is the investor Presentation from august 11th for starters: http://www.colliercreekholdings.com/Cache/IRCache/0de3378d-b2e4-a7dc-9aea-98e51998e5c5.PDF?O=PDF&T=&Y=&D=&FID=0de3378d-b2e4-a7dc-9aea-98e51998e5c5&iid=11139662 What is UTZ Quality Foods? Utz Quality Foods, Inc., more commonly known as Utz, is the largest independent, privately held snack food brand in the United States. Based in Hanover, Pennsylvania, the company produces a wide variety of potato chips, pretzels, and other snacks, with most distribution being limited to the eastern United States. They are a Manufacturer, marketer, and distributor of branded snacks in the U.S., including potato chips, pretzels, cheese snacks, pork skins, pub/party mixes, and veggie snacks Strong portfolio of national and regional brands, including Utz, Good Health, Boulder Canyon, Zapp's, and Golden Flake. If you are familiar with any of these absolutely fire snacks, your probably already buying calls and shares. If not, keep reading. Utz is 99-year-old family company with over 40 years of consecutive Comparable Sales Growth. It's the #1 largest privately owned snack company up until now, Its #2 salty snack company in its Core geographies; #4 nationally. 2020E Pro Forma Net Sales of $932 million and Projected Further Adj. EBITDA of $124 million. Yes, almost a billion dollars in sales. This is no start up, this is a blue chip, established company that you have the chance to get in on the ground floor, pre-merger. It's Undervalued UTZ is being valued at $1.56 billion. They had a billion in sales. Furthermore, If you happened to catch Jim Cramers bit on it, youll have heard him mention how cheap this valuation is. They came to this valuation at an 11.6x multiple of their EBITDA. Competitors like Pepsico (frito lays) are valued at 14.7x. As you can see, this valuation is very conservative. Especially when you realize how much growth opportunity UTZ has in comparison to its competitors. It has by far the most growth potential. As you can see in the investor presentation, the growth in the past 20 years has been flawless. Even in recession, it has grown right on cue. Not only is it a growth stock and undervalued, it is also RECESSION PROOF. And it even has a dividend for those boomers out there. Now you can begin to see why this is such a good play. There is tons of room to grow at an exponential rate. Utz right now is primarily sold in the north east, but they are going public, so that they can go NATIONAL. Imagine buying a future frito lays when it was worth a couple billion. "Okay fine Paulbo, it's a great company, but does it have any real hype driving retail buying?" Surprisingly it does. This is Boomer King Jim Cramers favorite snack company as hes from PA. Hes mentioned this multiple times now on his show. He even had the Executives on in July to talk to him, briefly driving the stock price up to 16$ after hours. Warren Buffet even mentioned that UTZ is his favorite snack company, and thought about buying it back in 2015. https://fortune.com/2015/03/04/warren-buffett-utz/ If Berkshire buys into UTZ, this thing is going to the moon. Don't underestimate boomer hype. They have the most buying power of all of retail, and going into the uncertainty of the current world situation with the virus and election season they are going to be looking for a solid blue chip dividend play. WHALE MONEY IS BUYING THE SPAC ALREADY Institutions like Bamco and Goldman Sachs and cch itslef are currently owning 77% of the public float. That is a higher institutional ownership than any spac ive seen so far. They are making big bets on this company, and most big institutions wont even buy spacs until their mergers are complete. The smart money is going to pile on. On top of all of these great aspects of UTZ, the most important is that their Pretzels are fucking fire. That fact alone makes this play worth it. Final valuation and price targets. At ticker change, according to the investor presentation, there will be 110 million shares outstanding. Half of them will be owned by the founding family. The other half will be public float. Of that 55 million, 77% will be owned by the current CCH insiders, and the institutions. Utz is being valued at 1.5 billion. Undervalued af If Utz is valued at 15x pro forma 2021 Ebitda of 134m, rather than 11.6x, the market cap would be $2 Billion(still even conservative). That would calculate to $18.12 at ticker change As I am writing this, the stock is up to $16 dollars, with a few days before ticker change. This is after trading in the 13.50-14.00 range since they announced the merger earlier this summer. The hype is starting to build, but if youre in under $20 YOU ARE STILL VERY EARLY. This will be fairly valued at $20 within a week maybe two, and itll be at $25 eoy. Positions: Warrants Sept and Oct $15, $17.5, $20 calls Jan $17.5, $20, $25 calls for a longer play. TL:DR Utz Quality foods snack giant is merging with a spac and is undervalued by like 30-50%. This company is one of the largest and fastest growing snack companys in the country. The boomers, jim cramer, warren buffet, dividend ETFS and fat people from the north east are going to be loving this stock. Super low risk and a possible high reward with warrants or calls. Premiums are still low on calls, and there is a ton of upside. The company also makes fire pretzels and cheeseballs. [link] [comments]  |
| Big investors bought up lots of MU and CSCO stocks Posted: 26 Aug 2020 02:30 PM PDT Somebody with deep pocket just bought tons of MU and CSCO stocks. Here are the transactions that I found: Aug 25 9:30AM: Bought 506858 MU shares @ $44.84 => $22.7M Aug 25 4PM: Bought 854395 MU shares @ $45.10 => $38.5M Aug 26 9:30AM: Bought 388952 MU shares @ $45.65 => $17.8M Aug 26 4PM: Bought 679076 MU shares @ $44.96 => $30.5M Aug 26 4PM: Bought 2864778 CSCO shares @ $42.25 => $121M For the past two days, MU stock has shown sign of considerable upward movement. Today CSCO stock also shows a small upward movement. I believe both MU and CSCO will recover very soon from their big dips. So keep an eye on these 2 stocks. [link] [comments]  |
| Posted: 26 Aug 2020 09:31 PM PDT We all used to know blackberry as that phone with the cool keyboard and the hip phone. Ever since Android and the iPhone came along, they took over the smartphone market share and blackberry went downhill from there. Since then and many years of disappointment, Blackberry has been slowly transforming into a leader in the software industry, most notably with their QNX technology. Last year, they had 150 million cars installed with their technology and as of their last earnings report, they increased this number to 175 million which is a growth of 17%. This is around 30% of the market share of modern cars and upper management projects they can gain up to 60-70% of the market share in the next years. The automobile industry is down and this has caused Blackberry to go down a bit. However, Blackberry has recently won bids with Hyundai and Volvo which is something to look forward to. Once the automobile industry goes back up, Blackberry will most likely follow. There is also the promise of 5G coming out soon. As per Blackberry, 5G will lead to more attacks on "mobile endpoints". This is where Blackberry comes in as they also have the "Spark Suites" which solves this problem. Although they just came out with this platform, it has been very well perceived by their customers. lastly, they recently announced that Xpeng P7 will be using the QNX Technology. Xpeng is one of the leading electric vehicles in China. This is great news (which is why it went up 6.28%) as most of their revenues come from North America and this is a great market to expand to. There are other products that have been doing good for Blackberry (Athoc), but these are the main reasons I am bullish on this stock. Currently, Blackberry is not seen as innovative since they have been primarily seen as a phone maker, but now they are well diversified in the software business and have been building their products and focusing a lot on R&D. There is great potential for the coming years for Blackberry. This is not a get rich stock but is a hold for the next upcoming years before we see appreciation. Edit: Spelling Mistakes [link] [comments]  |
| Should I hold or sell AC stock? Posted: 26 Aug 2020 09:13 PM PDT I have a bunch of air canada stocks, and was planning to hold them long term (10+ years). However seeing warren buffet sell his airline stock makes me wonder if some airlines may end up going bankrupt in the next year. What do you guys think about air canada? Will it make it through. [link] [comments]  |
| Posted: 27 Aug 2020 12:49 AM PDT Hi, I have 7k I am considering investing into QQQ and then around 2k monthly from September onwards. The total portfolio of QQQ I want to be eventually around 30k. I am afraid of putting in FAANGM directly since I'd rather track a full index in case one goes up and down. I believe tech is going to be strong this decade but QQQ is at an all time high right now and still increasing, I am wondering if this is a good move if my horizon is 5-10 years? Mainly wondering due to coronavirus, I know no one can predict, but the 2000 dot-com burst took 15 years to turn green, which is going to be painfully depressing to see. So I am in 2 minds, I know I cant time the market either but I am wondering if my luck could be so bad that I invest and immediately the bubble crashes lol. What would you advise? Relevant link: https://finance.yahoo.com/video/sell-big-tech-stocks-now-142918163.html [link] [comments]  |
| Protecting a massive short term gain (sell now, buy puts, straddle/strangle with options) Posted: 26 Aug 2020 05:50 PM PDT I am posting this here instead of the Daily Advice Thread because I believe (hope) it will be relevant to any investor looking into protecting short term gains in this crazy volatile market and am looking to spur a conversation about both tax management strategy and position protection. I am sitting on a 200% gain from a mid March purchase of a covid high flying tech stock. If I sell now, I lock in the profit, but the trade will be taxed as a "short term capital gain (STCG)". If I sell for the same price in March 2021 the trade counts as a "long term capital gain (LTCG)" and my tax bill is significantly smaller. However, the earnings report for the stock is a month away, covid news ranges from promising to dreary daily and there is election on the horizon. The stock could continue to be a high flyer or come crashing down based on any of those factors. For the sake of argument, lets say the difference in the tax bill between STCG and LTCG is $20K. Lets talk about options for protecting this position while maximizing tax savings:
What is your opinion on the above strategies? What am I missing? [link] [comments]  |
| Tradixa - Snap to go up after Tik Tok ban? Posted: 27 Aug 2020 02:15 AM PDT Donald Trump issued two executive orders aimed at banning TikTok and WeChat, saying the US must take "aggressive action" against the China-based social media platforms in the interest of national security. But what does this mean for the competition? Will Snap profit from this? The two companies share the same market, and a lot of the same type of users. The loss of TikTok would give Snapchat the freedom to solidify itself as a strong competitor to Facebook — which incidentally also took some of Snapchat's most popular features such as 'Stories'. What's your opinion? [link] [comments]  |
| Posted: 26 Aug 2020 09:32 PM PDT Pretty much what the title says. I'm a newcomer with 5k to invest. Everything I've read so far says I could go buy 100 call options on any stock and not have the money up front. Let's say I buy 100 calls on TSLA @ 2k and hope it goes to 2.5k. Turns out that it goes to $100 (hah). What happens now? I get arrested? They take money out of my bank account until I pay it back? Everything I've read so far just says I violate regulation T and I might lose my account for X amount of months or years or permanently. Why wouldnt everyone take that risk once if they didnt actually care about investing in their lives? Thanks [link] [comments]  |
| Why hasn't Gamestop experienced a massive short squeeze? Posted: 26 Aug 2020 05:47 PM PDT So I know Gamestop is likely not all that long for this world, and frankly I think that is good for the world. But from an investing standpoint, it looks to me like a massive potential investing opportunity. Volkswagen had 30% of its float shorted when it exploded with the short squeeze in 2008 and went what, 2.5x in value over an extremely short period of time? Gamestop has 101.6% of its float shorted. It looks to me like any noticeable price change would cause a vastly larger short squeeze than the Volkswagen one. I know this isn't totally crazy, as the guy from the big short owns 5% of Gamestop. But evidently the company has been shorted like this for most of the year. Is it that many of the shorter positions caught it on the way down, so it would need to go up a lot more to start triggering margin calls? Or is it something else I'm not understanding. They have an earnings call coming up, I feel like it could be the catalyst if its a good earnings call... [link] [comments]  |
| Posted: 26 Aug 2020 12:07 PM PDT Currently, you still have a bottom in oil, industrials, hospitality/travel, and other stocks that just aren't coming back right now. So my question for discussion is, when is the time to get back into those bottom stocks? There is an argument that in a normal recession, you'd start buying these now to be prepared when they start to do better. This is the same as any recession where there are bears who miss the bottom, except we now have an unusual counter-market like big tech that we can safely invest our money into (which is flying high due to all the stimulus money flowing straight into it). I want to start buying stocks that are still down 30% just like in any other recession but the tech stocks are still tempting as you know you won't lose your hat if coronavirus sticks around, and even if there is a vaccine, there could be a more permanent shift into the stay-at-home, tech focused economy. What is everyone doing in this regard? Stocks like Mattel, GHC, financials etc. are still pretty far down and are pretty tempting. But could SQ, Apple, Zoom, Target, Peleton and others continue to just keep going up up up? [link] [comments]  |
| Calculating Implied Default Rate For A Bond ETF Posted: 26 Aug 2020 11:52 PM PDT Hello, As I understand, you can calculate the probability of default for a single bond like this: Probability of default = Credit Spread/ (1-Recovery Rate) However, I am interested in calculating the implied default rate in an ETF. Would this work or should i adjust the formula? Implied default rate = Credit Spread/ (1-Recovery rate)? Thank you in advance [link] [comments]  |
| Real Time tracking of Hong Kong Market Posted: 26 Aug 2020 08:50 PM PDT I've been looking at tradingView for stocks listed on the hongkong market (xiaomi in particular). But I realised that the quoted price is a few minutes late. Where do people check for real time stock prices for the HK market? [link] [comments]  |
| Posted: 26 Aug 2020 09:31 AM PDT I have quite a large part of my stocks in real estate, most of it, is in SPG. But the last few weeks headlines I started to worry about this large holding of mine. Amazon recently bought some of empty shops and will turn them into distribution centers and perhaps local pick up points. Is it unrealistic to see it go back to pre COVID-19 stock levels, where it was trading above 130? I wouldn't mind holding for a few years, but I do worry a bit on this one.. What do you guys think? [link] [comments]  |
| SEC Expands Accredited Investor Definition Posted: 26 Aug 2020 08:37 AM PDT https://www.sec.gov/news/press-release/2020-191 You can only make certain types of investments if you are an accredited investor (i.e buying private pre-IPO shares). The definition used to be $1m of investible assets or $200K in annual income. Now they have slightly widened the definition so that more people can be considered Accredited investors, which will allow more people to have access to better (different) opportunities. Really good move by the SEC! [link] [comments]  |
| Current spike in tech/biotech stock prices Posted: 27 Aug 2020 01:27 AM PDT I'm very new to investing and trying to find some decent tech stock to invest in, both long and/or short term. Depending on how volatile the stock is. What i'm seeing right now is a huge spike in tech stocks and biotech. NVDA for example is up 150% since the March dip, and that seems fairly average for most equities, with some up almost 400%. Most of these companies have been up 10-50% year on year for the past 3 or 4 years. This is kinda confirmed as a whole by looking at tech based ETFs like SOXX. Now this is of course gonna spark a lot of differing opinions, but what is going on here? It seems to me that a lot of these are inflated, and now is a terrible time to consider buying tech stocks. But at the same I can see the tech sector is growing at an alarming rate and companies like nVidia are expanding, and branching in to new technologies. I know its usually hard to tell, but from a layman perspective all I can see is inflated prices as a result of COVID-19 and I'm kinda thinking it might all come back down soon. Of course, if we knew the answer to this we'd all be rich, but whats the general consensus here? [link] [comments]  |
| Investing in semiconductor etf? Soxx/smh? Posted: 27 Aug 2020 01:08 AM PDT I have about 20% of my portfolio in Soxx and smh. The rest is in other tech etf, mainly internet tech companies. I'm skeptic about the growth rate of semiconductor. Even though I think semiconductor market would grow. But I'm not sure the rate would match other tech companies. There is also a concern that as semiconductor get more advanced, it'll gradually become more expensive that people are unwilling to spend on overpriced CPU and GPU. My question is if it is worthwhile to invest in Soxx/smh over other tech etf. Or should I just invest in the top performer in the semiconductor sector such as Nvidia/Intel/Amd/tsmc etc. [link] [comments]  |
| Posted: 27 Aug 2020 12:58 AM PDT I have tried moving my stocks from Cash App Investing to Charles Schwab but Cash App has yet to approve my transfer. They have no customer service support to assist me on this case. What should I do if CA doesn't respond to me transfer? Any advice will be appreciated! [link] [comments]  |
| Are Uber and Lyft going to be the middle men that cut out of autonomous driving? Posted: 27 Aug 2020 12:50 AM PDT The title basically says it all. We're clearly headed toward a future of autonomous driving. Tesla is already planning on launching their own rideshare service before autonomous cars hit the market. So will other car manufacturers follow suit? Uber and Lyft are both trading at a discount right now, and I'm aware neither company is exactly operating at a profit... yet. So in 20 years will Uber or Lyft be the dominant taxi service that they are now all without having to pay drivers? Or will Millenials and Gen Z be the only ones who remember their names? [link] [comments]  |
| Is there a way to see all upcoming IPOs for "next week" or "tomorrow" ? Posted: 26 Aug 2020 10:17 AM PDT Sorry for the annoyngly-dilettante note of my question. I got my eyes on few companies, they all plan to go public in the next months, presumably on NYSE or NASDAQ. I fear I might miss the moment because of not regularly checking the news (or simply googling "_company_name_ IPO" every day...) So is there any more direct / reliable way to know for sure the IPO date ? Or to check the stock exchange venue directly and see, for example, what goes public next week ? Thanks. [link] [comments]  |
| You are subscribed to email updates from Lose money with friends!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment