Stock Market - Mark Cuban says he doesn’t trade the stock market like he used to — but he’s still sticking with these favorites |
- Mark Cuban says he doesn’t trade the stock market like he used to — but he’s still sticking with these favorites
- Here is a market recap for Wed Aug 26, 2020. Check it out!
- My RH account got hacked last week.
- Significant Activist Hedge Fund Activity (Last 7 Days)
- A little secret for trading the Biotech sector. Check it out!!
- BRK-B
- $10,000 to invest
- Got a series 7 or 65? Now you can invest in IPOs pre-launch!
- Watchlist: 8/26 Consequences of The Fed
- Would the Ant IPO be available on Robinhood?
- $DAN: next move for the electric car market?
- Tic-Tock in court??
- Should I have stop losses set for things I plan on holding forever in case of something like another Dot-Com crash?
- Star fund managers era is over
- Significant Insider Trading Activity (Last 7 Days)
- E-Commerce Choices
- View on ALLY
- NFLX today?
- $PAN Share-based compensation-related charges?
- Making a Tradestation Account (19)
- Had a thought about the market. What do you think?
- As an owner of 1087 shares of Camber Energy, Inc. (CEI), what does this mean for me once (if) this merger goes through?
| Posted: 26 Aug 2020 09:07 AM PDT "I stick to the companies I believe in," Cuban explained, adding that he's owned shares of Netflix NFLX since they were trading around $50. At last check, the stock was all the way up at $528, rising almost 8% in Wednesday's session alone. He also said he bought up chunks of Amazon AMZN between $500 and $700, and more recently added more at just under $2,000 a share. The stock's at $3,385 now. [link] [comments]  |
| Here is a market recap for Wed Aug 26, 2020. Check it out! Posted: 26 Aug 2020 02:26 PM PDT PsychoMarket Recap - Wed Aug 26, 2020 Summary Once again today was a day full of records, the major indexes had an incredible run hitting all sort of highs the S&P500 closed up 1% and the NASDAQ up a whopping 1.7% . The Dow Jones lagged behind a little, but still closed 0.3% up, its at its highest point since the March lows. Market pushed by a combination of optimism on China trade talks, vaccine hopes, and liquidity. Interesting to note the Russel 2000 closed down 0.7% today. The big one today is that Hurricane Laura is expected to be devastating when it hits the Gulf of Mexico area and potentially could cause up to $25Billion in damages, according to Bloomberg. Currently its a category 4 out of 5 maximum in the Saffir-Simpson Scale jumping from a category 1 in a day. This will cause even further stress on an already ailing oil industry. Presidential campaigns continue to develop during these unprecedented times. While at the same time stimulus talks seem to have hit a bump in the road. FED Chairman Jerome Powell is set to speak tomorrow on the FED's monetary policiy framework with emphasis on inflation management. They have already declared that interest rates will remain at zero for the foreseeable future. Meanwhile the market seems to be on its own agenda as talks rage on between the experts as to whether we are in bubble territory, whether the market is overvalued, or if the economy is already on its way to a sustainable massive recovery to all time highs. Highlights
Notable Earnings for tomorrow: Burlington Stores Inc ($BURL), Canadian Imperial Bank of Commerce ($CM), China Life Insurance Co Ltd ($LFC), Dell Inc. ($DELL), Dollar General Corp. ($DG), Dollar Tree, Inc. ($DLTR), HP Inc. ($HPQ), Marvell Technology Group Ltd. ($MRVL), Okta Inc ($OKTA), PagSeguro Digital Ltd ($PAGS), Toronto-Dominion Bank ($TD), Ulta Beauty Inc ($ULTA), VMware, Inc. ($VMW), Workday Inc ($WDAY), [link] [comments]  |
| My RH account got hacked last week. Posted: 26 Aug 2020 08:15 AM PDT My RH account got hacked last week. RH has locked my account when I reported this case through email (RH doesn't have a phone support which I think is really irresponsible.) The problem is that RH is not responsive at all. All I got from RH is an auto email reply from RH. They have blocked my account so I can't even access to my account. It's been like this since last Thursday. They are not updating anything and won't allow me to login my account. I am so done with RH. Bad customer service [link] [comments]  |
| Significant Activist Hedge Fund Activity (Last 7 Days) Posted: 26 Aug 2020 02:26 PM PDT These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed by significant investors with no intention of influencing management (such as Index funds). There is always a lot of interest in insider trades, but what a lot of people probably don't realize is that hedge fund activity is probably more predictive of future returns than insider activity. The reason is that hedge funds (a) have large research budgets, and (b) have a choice where to put their money. In contract, insiders have no choice where to put their money, but only when to time their transactions. New FilingsThis table lists new 13D filings in the last week. A new filing does not necessarily indicate a new position, as investors frequently accumulate in advance before reaching the filing threshold. Amended FilingsThis table lists amended filings in the last week, and is useful for monitoring changes in existing investments or when a fund closes a position. I have eliminated all filings with less than a 5% change in ownership. Source: Fintel.io/activists [link] [comments]  |
| A little secret for trading the Biotech sector. Check it out!! Posted: 26 Aug 2020 02:24 PM PDT The Biotech sector is a very luring and intimidating corner of the market. These are companies that develop drugs and therapies for all sorts of conditions. It is a sector where you see stocks that jump 100% or more or even lose 70% of their value in a single day! The reason for this is in a big way thanks to two factors;
On this second point, in order for a company to get a drug to market, they have to pass many stages that are governed by the FDA (Food and Drug Administration) in the US and EMA (European Medicine Agency) in Europe. In order for a company to get a drug to market, they have to undergo a series of trials or stages that are regulated by these agencies before they can sell to the public. Normally there are four phases. Generally speaking;
Other events that can positively influence a Biotech company is a merger, acquisition, or a partnership that can enhance their profit. For example, a manufacturing partner, or a partner to distribute a proprietary drug in a new country and market. Earnings call can also have a big impact on a companies stock price because there's potential for big news like first time profitability and any other update. However, in the same way, that prices can be influenced to skyrocket, they too can be made to plummet by even 50% or 70% in a day if one of these events is negative. Typically there are two main reasons;
For traders, there are two main ways to play the biotech sector. The first is betting on a catalyst event and getting it right. However, with so many moving parts and phases, this can sometimes feel like a gamble, as we cannot realistically predict a consistent basis for the outcomes of these events. The second and best way (in my opinion) is to play the run-ups to the event. Normally when there's data release of an important potential drug or company, there will be a run-up in stock price. Regardless of the direction of the potential price jump in either direction, the anticipation is enough to drive the price. In essence that's the secret to playing the biotech sector profitably and consistently for the long run; Understand that playing through events is a complete gamble and its more reliable to play then 4-6 week runup. Obviously this is an oversimplification, but at least a just of the idea. Thoughts of a Psycho Trader... [link] [comments]  |
| Posted: 26 Aug 2020 04:12 PM PDT I bought Berkshire Hathaway a few years ago to diversify a bit. It has really been pretty blaw. When the market crashes it went down faster than the S&P and when it went up it went up slower than the S&P. It's up a little over 10% of what I bought it at so I can't complain too much, but it just feels like it should be doing better. Is Buffet just holding out waiting to strike? What are you all doing with BRK? [link] [comments]  |
| Posted: 26 Aug 2020 12:22 PM PDT If you were taking 10,000 from savings and moving it to stocks what would you buy? Would you spend all right now? Would you wait a few months until after the election or the chance of a second wave of covid? [link] [comments]  |
| Got a series 7 or 65? Now you can invest in IPOs pre-launch! Posted: 26 Aug 2020 07:08 PM PDT The SEC has modernized the accredited investor definition so it includes more than just high net worth individuals now. This is really good if you're a sophisticated or experienced investor but don't have $1M in liquid assets because it will allow you to do things like invest in IPOs before they launch and participate in private equity. It also includes LLCs if they meet certain criteria as well as some other entities. This is good for small investors but also changes the IPO market significantly IMO. What do you think? [link] [comments]  |
| Watchlist: 8/26 Consequences of The Fed Posted: 26 Aug 2020 05:13 AM PDT Market Notes: Fed Chairman Powell will give a speech on Thursday after the Fed wraps up its annual Jackson Hole conference. Expectations are high for a consequential speech that will likely lead to purposefully increased inflation. Basically the Fed will do more than it's already doing. This will have long term effects on the USD and the economy. Exactly what those effects are is anyone's guess. As the dollar gets weaker stocks, bonds, gold, and bitcoin are all looking more attractive than idle cash. I'm staying bullish until we see a change in the markets. Watchlist: PPSI is a low float, resistance at $2.50 ICLK has resistance at $10 AXTI has resistance at $6 CCH has resistance at $15.20 GOGO key level at $4.60 CARS has support at $9 FLDM is flying in the premarket, I'm watching for a setup above VWAP SPWR watching for a setup above $13.35 PACB has resistance at $6.73 NIO is flying in the premarket, on watch [link] [comments]  |
| Would the Ant IPO be available on Robinhood? Posted: 26 Aug 2020 01:19 PM PDT I see that they are listing it on Shanghai's Star market. Will it be accessible on Robinhood? If not, how would I go about getting a piece once it's released? [link] [comments]  |
| $DAN: next move for the electric car market? Posted: 26 Aug 2020 09:43 AM PDT Hello everyone, I was hoping to get people's thoughts on $DAN. They have been upgrade 2 times in the past week to overweight by Barclays and Keybank but haven't seen much of a move as a result. They are currently a manufacturer in parts of electric cars which is what I believe to be a catalyst for long term growth. With Tesla and NIO blowing up, wouldn't a rational move be to get in on their part manufacturers? Additionally, I'm sure ford and gm will need manufacturing as well. The stock lies just below $14 a share but has seen valuations as high as 25-30 per share. Let me know your thoughts, Thanks!! [link] [comments]  |
| Posted: 26 Aug 2020 07:46 PM PDT So Tic-Tock is taking the U.S to court. What will that mean for investors? Will price go down and is it a good thing? I'm not an investor in any social medical platform, but I'm hearing big things are coming when Microsoft merges with tic-tock. Thoughts? [link] [comments]  |
| Posted: 26 Aug 2020 08:14 AM PDT I guess I'm just spooked at how well the market is doing. I know you should hold things forever and I have been since inception 3 years ago and made bank, but everything is nuts right now and doesnt make sense. The only reason I ask is that the NASDAQ took 20 (Edit: More like 10-15) years to recover from that crash and I plan on retiring in less than 15. Is it a good idea to plant some stop losses for tech stocks (Admittedly feeding the panic that will be bound to happen but im looking out for myself) and if so what do you set them at? I'm thinking about 50% of overall gains in 50% of my portfolio, just to make sure it doesnt sell early and I can survive in one piece and not just retain my gains. [link] [comments]  |
| Star fund managers era is over Posted: 26 Aug 2020 08:55 AM PDT Even the CEO of #FranklinTempleton Jenny Johnson admits officially that "the era of Star fund managers" is over (see below). Constant and mostly unsuccessful chase for outperformance of the market over a long period of time and the rise of cheap passive investing options like #ETFs and #IndexFunds keeps confirming that the times of heros like #PeterLynch or #MarkMobius is not coming back. " (Bloomberg) -- Having a star fund manager is an easy way for an asset management firm to attract client money. But for Franklin Resources Inc.'s chief executive officer, it's not worth the disruption when they leave. "Clients get nervous by a star manager, if you appoint one, because then it becomes a succession issue," Jenny Johnson said in a Bloomberg "Front Row" interview. Franklin should know. The firm's Franklin Templeton fund business was once synonymous with Mark Mobius, the investment guru who introduced emerging markets to a generation of investors. Mobius retired from Templeton in 2018 only to start his own firm a few months later. But, said Johnson, it's rarely about one person making all the investment decisions. "The reality is they were always supported by a large team." [link] [comments]  |
| Significant Insider Trading Activity (Last 7 Days) Posted: 26 Aug 2020 02:26 PM PDT This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most of them get paid in stock options, it is expected. However, it is illegal for them to trade on inside information that has not been made public. So for example if there are drug trial results that are bad and not public, insiders cannot dump shares. That said, many people have observed that insiders - in general - seem to have a good track record at timing their purchases. All trades that are marked as part of a 10b5 plan are excluded from this report. Largest Insider Buying (Last 7 Days)Largest Insider Selling (Last 7 Days)Count column is number of transactions. Source: Fintel.io/insiders [link] [comments]  |
| Posted: 26 Aug 2020 05:50 PM PDT I currently have holdings in V, PYPL, JD, SQ. I'm thinking about adding a 5th e-commerce ticker to my portfolio but i'm not sure which one. There are many like Amazon or MercadoLibre that are great companies but they don't have immense room to grow. Any suggestions? [link] [comments]  |
| Posted: 26 Aug 2020 01:10 PM PDT Hello, I recently did some research on ALLY and decided to go invest in it for a short-term period, the problem is that short-term extended quite significant from like 1month at most that I wanted to keep, is starting to get to 3 months with no significant changes, in any better way. I kinda want to get out of it but I really see some potential in this company, the Q2 earnings were quite good for them, the brokers are putting the price of it around 30%-40% higher than it is right now, but still the company has seen better days, so I am a little indecisive about what to do(considering right now I am on minus by like 2%). The plan was to get out around 24.2 to 25 but I am not sure that thing is coming any time soon, it tried to go up this week but got stuck in the 23.7 resistance and is kinda bouncing back. Thanks [link] [comments]  |
| Posted: 26 Aug 2020 10:42 AM PDT up 12%? I realize there are technical reasons - it was at the bottom of a channel but its going to hit the top in one day? Fundamentally, I figured covid would be terrible for NFLX. Just think about all of their user base doubling or tripling their watching but the membership fee stays the same. You could argue they would get new users, but honestly who didn't already have netflix that was going to get it, and how can that possibly overshadow all the increased costs from existing users watching more? So what am I missing? thanks. [link] [comments]  |
| $PAN Share-based compensation-related charges? Posted: 26 Aug 2020 04:14 PM PDT Hey people. I'm reading about palto alto network's financial results and they would have been profitable if they weren't paying so much to employees in "Share-based compensation-related charges". (I presume this is stock for their executives and higher ups). Why would a company pay out so much that they would actually become unprofitable? I don't get it. (Sorry if this is a newbie question) [link] [comments]  |
| Making a Tradestation Account (19) Posted: 26 Aug 2020 03:34 PM PDT Hi, I am a 19-year-old, and I am trying to make a trade station account, purely to trade stocks, not options, crypto, or futures. I tried making it, but It said I need to be 21. Am I trying to get the wrong account or something? why does this broker restrict the age to 21, not 18? [link] [comments]  |
| Had a thought about the market. What do you think? Posted: 26 Aug 2020 09:54 AM PDT Hey guys, so I wanted to make this post, I feel with the crazy run we've had the last couple of days with NASDAQ and S&P500 hitting new highs, $AAPL hitting the $2Trillion market cap, $CRM, $NFLX, $AMD, $TSLA making all time highs and much more! News for a vaccine are getting hotter each day with governments all over the world already having sealed distribution deals with major pharmaceuticals. It almost seems as if a population we are becoming normalized to the virus. Although we respect it, we also are willing, and wanting to continue with everyday life. Principles for race, equality, fairness and environment wellness are still top of mind, despite virus news constantly being thrown in our face. Seems like we are getting over the whole ordeal. Elections coming up, job recovery top of mind, more stimulus on the horizon and the seeming rift between the stock market and the real economy are all interesting factors that can affect in either direction the stock market. Nevertheless, there is one reality that is undeniable. The markets have never been more skewed with technology and pharmaceuticals at the forefront of the whole thing. The top 5 stocks on the S&P500 now account for more than 20% of its value! In any case, historically strong sectors like energy, Real estate, travel and tourism are still down anywhere from 30% to 70% from their pre-covid levels. Arguably the most important catalyst the stock market waits for right now is the official approval of a vaccine that is "accepted" by the authorities. Once this happens, for sure airlines and tourism will catch a breather, also energy as demands open back up, and simply pent up demand from being in quarantined. I guess my though is the following: Assuming an approval is around the corner anywhere from now to the next 6 or 8 months, once that happens what does the market correction look like? Will it be an overall push higher for the market as a whole? Or will it be a massive redistribution of capital where a lot of what is tied up in tech and stay-at-home stocks goes back to these more traditional asset classes? Thoughts of a Psycho Trader…. [link] [comments]  |
| Posted: 26 Aug 2020 01:40 PM PDT Text from Camber Energy, Inc. and Viking Energy Group, Inc. Provide Update on Continued Process Towards Completing Planned Merger (bolded text is mainly what applies to me):
[link] [comments]  |
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