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    Wednesday, August 19, 2020

    Stock Market - Lowe’s reports blow-out quarter with 30% surge in revenue

    Stock Market - Lowe’s reports blow-out quarter with 30% surge in revenue


    Lowe’s reports blow-out quarter with 30% surge in revenue

    Posted: 19 Aug 2020 03:52 AM PDT

    https://www.cnbc.com/2020/08/19/lowes-low-q2-2020-earnings-top-estimates.html

    Adjusted EPS: $3.75 vs. $2.95 expected

    Revenue: $27.3 billion vs. $24.27 billion expected

    submitted by /u/coolcomfort123
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    "What if it's true?"

    Posted: 19 Aug 2020 12:03 AM PDT

    There's an old story in Panchatantra, a collection of ancient children's stories in India that goes like this:

    The scene is set in a thick forest where greenery is plentiful and animals are chilled. Animals are at peace all doing what they do best.

    The fox is bored with this lovely life. Decides to cook up a story to have some fun.

    Says that there's a feast on the other side of the forest and starts running "towards it" and as he meets more animals, convinces them that they need to join him in the sprint to the feast. Initially hesitant, they join in for the treat, first a few hungry ones and then, as the word gets around, more and more, even the healthy ones.

    A large number of animals are now desperately running "to get to the feast" ... Which they believe to be true since "someone told them about it".

    Having achieved what he set out to, the fox decides to chill, stop running and enjoy the panic. He loves his creation. Laughs at the foolish animals who are headed to the invisible feast. "How clever" he thought of himself as he sat in the comfort of his favourite tree, seeing the huge crowds run.

    Days become weeks and months and an increasing numbers of animals are "rushing to the feast". Continues unabated.

    After a while, when this gets boring, the Fox tries to tell them that it's all a made up story and there is no such feast, and it's all make believe. But none of them will have it. They're only increasing their numbers and pace. Some think the fox is trying to talk them out of the feast for his own selfish gains or that he's too lazy to participate in the feast.

    He can't seem to ignore that the crowds are increasing with days. Finally one day the fox thinks "I know there isn't any real feast, but WHAT IF IT'S TRUE"?!

    The fox decides to join the run too.

    This story has nothing to do with the bull run, since this was set before shares and options were invented. Just saying.

    submitted by /u/SubstantialSquash3
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    Small sell of at end of day?

    Posted: 19 Aug 2020 03:20 PM PDT

    I've always wondered how these sell offs occur. The S&P500, TSX, Dow Jones, and NASDAQ all had a dip starting around 2PM today. Was there any sort of catalyst for this? How do investors all decide at the same time that they should sell across so many sectors?

    submitted by /u/babyydaveyy
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    AirBnB Files to Go Public

    Posted: 19 Aug 2020 04:13 PM PDT

    AirBnB has stated in the past, that it intends to go public, and with today's news we now know it to be true. Why do you think they are doing it? To raise money? To have liquidity? As investors... is it even worth seriously considering.

    submitted by /u/EditorDisastrous
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    Clueless young trader looking for help

    Posted: 19 Aug 2020 11:44 AM PDT

    So, im super clueless of everything on the stock market as the title says. I saw the copytrading mechanic on etoro and i found it super simple and practical, because i don't need to do anything besides choosing the right person to copy from ( or am i wrong). I want your guys help because im pumped to start investing but i need to see the bad part of copytrading, what's something i need to keep my eyes open for? what's the catch? It seems too good to be real!

    submitted by /u/lucksbrasil
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    Beginner Trader looking for thoughts and feedback on strategies.

    Posted: 19 Aug 2020 02:22 PM PDT

    Hey all, I am 18, a retail investor looking to get wealthy and requesting some feedback on my plans and strategies. ( please let me know if you need additional info )

    Currently. I'm working with about 27k invested. I have a taxable and Roth IRA. My holdings are as follows ;

    VTI-VUG-VGT-ARKK-WPC-STWD-MPW-MSFT-AAPL-FB-INTC-CSCO-GOOG-JPM-BRK.B-ATCO-SBUX-T-RKT-PKBK

    -my goals are early retirement, and my current strategy is just value / growth investing.

    -My biggest holdings are VTI, VUG, and VGT. I am invested in a lot of great companies with a good track record, with a few value and growth picks.

    -My timeline is about 30+ years.

    -As for my other strategy, I am trading options, selling cash secured puts, doing spreads, and can guarantee anywhere from 250 - 750 extra cash a month which is all reinvested.

    Any advice going forward would be greatly appreciated from a seasoned investor as I only started during may. Thank you!

    submitted by /u/Harricuc
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    Where to begin with these record highs?

    Posted: 19 Aug 2020 04:55 AM PDT

    Hey everyone,

    I'm 26, running my own restaurant and want to jump into the trading. Started reading the intelligent investor, but just wanted a consensus on some books or strategies that work with the specific climate of today's stock market. I see that the S and P hit a record high yesterday, and wanted to ask from experts how to begin during such a specific bull market. I have $10,000 -$20,000 to start. Any suggestions?

    Thanks!

    submitted by /u/phatphred223
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    WHY DO EMPLOYEES AND INVESTORS SELL THEIR SHARES FOR DIRECT LISTINGS!?!?!?!?

    Posted: 19 Aug 2020 07:13 PM PDT

    WHY DO EMPLOYEES AND INVESTORS SELL THEIR SHARES FOR DIRECT LISTINGS!?!?!?!? hope you're all having a good day because I'm not, typing more because mod bots suck lug nuts.

    submitted by /u/J-dub-suede
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    What does the APPL and TSLA split tell you guys?

    Posted: 19 Aug 2020 05:45 PM PDT

    So as the split day coming close, I see a lot of people keep telling to buy TSLA and APPL. Would TSLA and AAPL increase the price during the split? Or it will go down? Today TSLA went down a lot compared to 5 days rally. It could mean that people are short selling as the option coming close to the expiration day. But does this mean that it would go back up by next monday?

    submitted by /u/nartuo1997
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    Bond ETFs: If the market corrects/crashes before the election, how do bond ETFs do?

    Posted: 18 Aug 2020 09:46 PM PDT

    So if we get a correction in the near future, or even further out, do Bond ETFs go up or down? In March they crashed before the fed came in, what happens this time?

    And if you like Bond ETFs right now, which ones are your favorite? What upside and downside risks do you see for it?

    submitted by /u/krazypills
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    Do Day Traders Prevent companies from appreciating as they should?

    Posted: 19 Aug 2020 09:49 AM PDT

    Quick edit: This is not an attack on Day Trading

    I have a thought. Lately, multiple sources have stated that there has been an influx of new traders. (myself included) A lot of these traders use free platforms through their banks or trading software and I have noticed an increased number of shares being sold at exact dollar amounts. For example $352.00. I assume this is because someone may buy at, for example, $350.12 and set it to sell at $351. I have a few questions for experienced traders who have been trading for at least a decade. If stocks are being sold at these exact amounts because of day traders trying to make fast money, is it preventing the value of the company to increase? Has this always been common or are stocks known to increasing in the past without an influx of traders at exact dollar amounts? The reason I ask is since thinkorswim has been down for the last two days I noticed a decrease in volume of popular stocks like Tesla and watched them appreciate much higher than usual. I am predicting that day traders constantly selling off stock prevents this from happening.

    submitted by /u/ibitesometimes
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    All time high vs all time low

    Posted: 19 Aug 2020 03:37 PM PDT

    Let's compare two categories of stocks that are doing completely differently right now. Let's define 'all time' as 'five years back' so as not to get too historically contextualized.

    Category 1: AAPL, MFST, AMZN, TSLA, AMD

    Category 2: JWN, DENN, NCLH, DDS, RL

    Let's say you have $10,000 to invest and that you will not touch that investment for 2 years. I'm curious to hear why you believe one category is safer than the other?

    submitted by /u/lies_are_comforting
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    Drastic drop and rise?

    Posted: 19 Aug 2020 03:10 PM PDT

    Can anyone explain to me why the stock price drastically dropped and went back up in a few minutes post trading hours for Tesla at 5:35pm today (According to the stock on google)

    submitted by /u/mmpsoccer
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    AAPL

    Posted: 19 Aug 2020 10:13 AM PDT

    So I finally managed to build up to 1 share in Apple today at €390.23. Should I hold this long term considering the split? I still have €300 spread out across other stocks too such as ETFs and such.

    submitted by /u/godofboy
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    Frivolous Lawsuits

    Posted: 19 Aug 2020 04:01 AM PDT

    After couple of significant sell offs of ~25% over the last month, namely: INTC, TDOC, AYX. The lawsuits on behalf of shareholders started to appear.

    Are there any security lawyers here? How come it's even a thing? Individuals who bought the shares at surreal P/S 35+ made a gamble with these companies and were busted for that. And now they're suing on no merits whatsoever.

    submitted by /u/VonDerBerg
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    Furlough scheme shit show predictions

    Posted: 19 Aug 2020 04:05 AM PDT

    So the furlough scheme in the UK will come to an end in the coming months and thousands of job losses will follow. the UK has already entered a recession. So my question to you is which companies do you expect to fail and which will survive in the coming months? Has anyone any solid theories to back up plays they are going to make?

    submitted by /u/masterpudu
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    Buying TRBCX from E-Trade vs Vanguard using Roth?

    Posted: 19 Aug 2020 08:09 AM PDT

    I have a quick question.

    I'm able to buy TRBCX from my Roth E-Trade account at a minimum of $150, but on my wife's Roth Vanguard account, I can only purchase TRBCX at a minimum of $1000.

    Is there a reason for this? I'm doing DCA and wanted to split it across 12 months.

    Thank you!

    submitted by /u/ritz_27
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    UK Car Dealer Selling for 4x FY19 Pre-tax Income

    Posted: 19 Aug 2020 01:37 AM PDT

    Vertu Motors is the 5th largest franchise dealer in the UK (6th largest in terms of pre-tax profit), with £3 billion in revenue. It has 133 outlets (over half owned) and it sold just under 155,000 cars in 2019, with an average selling price of £17,200. The company has grown by acquiring existing dealers using cash generated from operations and has a solid mix of dealerships relative to what car brands actually sell well in the UK.

    The auto dealership industry is one of the most basic industries in the world. The dealerships serve as the manufacturers' parts and services distributor. The OEM's decentralize this part of the 'value chain' to not only simplify their operations but to reduce the amount of capital invested in the business – which is already huge in the manufacturing of cars. There are around 2.5M new cars sold each year, around 8M used cars sold and a car parc of around 35M vehicles.

    The auto dealership industry has been marked by one long-term trend: consolidation. According to Grant Thornton, in 1976 there were around 10,000 dealerships in the UK whereas today there are around 4,600, a decline of 1.7% p.a.. This is despite the fact that since 1976 the market for new cars has doubled in size (at peak year) – 1.28 million new cars sold in 1976 versus 2.6 million in 2018. So, on average, each dealer is doing more business than they were 10, 20 or 30 years ago. According to AM100, the top 100 largest dealerships accounted for 46% of totally industry revenue in 2009 versus 60% today. In terms of revenue, the 10 largest dealerships in the UK account for around £33 billion in revenue, or around 25% of the new and used car industry. In terms of vehicles sales – which are around 2.5M new cars and 8M used cars – the top 10 account for ~15%.

    The rest of the write-up is at: https://netosnotes.blogspot.com/2020/08/vertu-motors-uk-car-dealer.html

    submitted by /u/mnetoo0
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    International equity etfs to recommend

    Posted: 19 Aug 2020 06:03 AM PDT

    While international equity exposure recommended I hesitate to invest in more index extended market funds seeing the long term recovery limited. What etfs or mutual funds are you using for non US equity exposure and are you favoring actively managed or index?

    submitted by /u/Leslieand
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