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    Saturday, August 8, 2020

    Stock Market - Most Anticipated Earnings Releases for the week beginning August 10th, 2020

    Stock Market - Most Anticipated Earnings Releases for the week beginning August 10th, 2020


    Most Anticipated Earnings Releases for the week beginning August 10th, 2020

    Posted: 08 Aug 2020 04:26 AM PDT

    How Robinhood App Crashed on the best day in Wall Street history

    Posted: 08 Aug 2020 06:42 AM PDT

    https://www.youtube.com/watch?v=U9kSNzXWku4

    The app suffered a systemwide, all-day outage. The company claimed it was due to an "unprecedented load" on the infrastructure due to volatile market conditions. But then it happened and again. The app crashed three times in one week. A week, mind you, that had multiple days with significant trading.

    Users took to social media to blast the company. A Twitter account called "Robinhood Class Action" had more than 7000 followers in just days. Some even took legal action against Robinhood, which is ironic. You know, the hero being sued? Anyways.

    But let's not forget about the fine print. Robinhood's customer agreement states that it will not be responsible for "temporary interruptions in service due to maintenance, Website or App changes, or failures" beyond its control.

    Always, always read the fine print.

    But this wasn't even close to the worst thing the company faced in this 2020. In June of this year, Alexander Kearns committed suicide after his Robinhood margin trading account displayed a negative $730 000 balance.

    submitted by /u/denis177
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    best advice for beginners

    Posted: 08 Aug 2020 11:48 AM PDT

    I'm a beginner myself but the absolute best piece of advice I can offer new traders can be highlighted via one of my favorite quotes. "sometimes you learn the most by closing your mouth and opening your ears". Especially on this sub, I see a lot of people trying to be like somebody else. ex: "yo I read about someone who got into TSLA at $200 and now they're 21 years old with $100,000. I'm gonna do the same and bet on NIO or some other up-and-comer". I get it, we're all looking for short cuts, it's only human to be looking for the most efficient route. After all, one can argue the only reason we are trading stocks is for a short cut (personally, financially, etc) . I have a roughly $5,000 portfolio and half of that is in REITs and stable low yield dividend stocks. Sure, I have a couple "risky" positions - - but if you put all your eggs into one basket (whether it's a single stock or single market), you're bound to have some rough days. So having ~ $200 a year come from dividends helps me balance out some of those bad trades and for the future ones I may or may not make. And in the grand scheme of things, I am truly just getting started. I like to call it breathing room.

    Edit:

    Long story short:

    Q: a genie asks, would you rather be guaranteed $1,000 a week for the rest of your life, or $1,800 a week at a coin flip every week.

    I'd take the guaranteed $1,000.

    Then the next time a genie, houdini, or even Jesus christ comes to me, I know that I can be a lil risky and maybe roll the dice. (or flip the coin)


    RemindME! 1 year "reply to this thread"

    submitted by /u/ShadeSlayxr
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    Best type of stocks to invest on Monday with the newly renewed stimulus?

    Posted: 08 Aug 2020 03:17 PM PDT

    I'm trying to get a game plan together for Monday. I'm wondering which kinda stocks will do the best during this week.

    Brick and mortars? Tech companies?

    Any guesses?

    submitted by /u/dirtiestofbuttholes
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    Carrier Global (CARR) -- Thank you!

    Posted: 08 Aug 2020 11:40 AM PDT

    A few months back I visited this page and someone made a post about Carrier Global being a super buy after breaking off Raytheon Technologies Corp. I did research and liked what I saw but took it cautiously as the market was super bearish according to almost everyone. I bought shares and calls and I turned 14k into 129k thanks to the calls and shares doubling in price.

    Whoever that was, thank you!! If you can prove to me it was you I will give you a share of my profits. I kept all the shares on my ROTH and will hold until I'm 68 for a tax free ROTH. I'm 28 so still 40 bigs to go.

    submitted by /u/yuniorspam
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    LG Chem suppliers

    Posted: 08 Aug 2020 04:54 PM PDT

    Who in the actual hell provides LG Chem with the necessities to make the Lithium Iron Phosphate batteries? I've been digging for an hour and cannot find anything. I feel this is where the money is with all recent news. Thanks for any help or not. Either way.

    submitted by /u/Brendonk23
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    Deleted Post on Market Psychology

    Posted: 08 Aug 2020 07:58 PM PDT

    More than a month ago there was this market veteran that posted useful information on market psychology, and I found that to be very helpful especially as a beginner of the market. They wrote something along the lines of how prices of bonds, fear & greed index and other indicators would predict a crash, and if I remember correctly, they were 5% off from the bottom of the COVID crash. Unfortunately, they deleted their profile. If anyone has a screenshot of their posts I would greatly appreciate it.

    Here's a link to one of their posts: https://www.reddit.com/r/stocks/comments/hf59fn/market\_psychology/

    submitted by /u/somenen
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    Disney park revenue is down 85%...

    Posted: 08 Aug 2020 07:23 PM PDT

    Disney park revenue is down 85%

    Pressure is hot too keep the stock share price up To maintain investors satisfaction!

    Disney needs pressure on the [Disney +] sales department to continue to keep profits up while covid 19 continues to wear down the parks.

    Watch this this little video edit I made using south park to represent the entire process!

    Watch ep.1

    submitted by /u/Therealmrliquidity
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    Professional Traders: What methods do you use to risk manage your long term positions (not day/swing trades)

    Posted: 08 Aug 2020 11:17 AM PDT

    Hello there,

    I'm not a professional trader so let's get that out of the way first thing. I'm looking for help in risk management on LONG (& long-term) positions, both investment category with very long time horizon (years / decades), and other long positions that are meant for several months or more, but may not be intended to be for many years / decades.

    Additional NOTE: this is for both taxable and Non-taxable accounts.

    Here are the options i've considered / used and was seeking your input on other ways to do this, and/or feedback on which approach to use and when:

    • DON'T TOUCH: leave the long positions open and do not react to market. do not use stops so you don't get punted out of your positions if there is a market correction. just stay put and DO NOT react. if the companies / equity vehicles survive - they will bounce back. do NOT time the market and you may add to these positions in a DCA / lump sum manner as time goes on. (taxable / non-taxable accounts equal application).

    • trailing STOP / trailing STOP market / trailing STOP limits: use to lock in profits and exit positions if there is a correction of some amount from peak, could be anywhere from 10-20% depending on the position. do NOT set up the trailing stop order UNTIL price reaches break even point (so enter the trailing stop order once the stock is 10-20% higher than initial purchase, or average cost-basis when DCA'ing & adding to position) (this method BETTER in tax-free account. In taxable accounts this will create realized gains which will increase your liabilities in years where there are market corrections so this can add to the pain).

    • STOP loss orders combined with BUY STOP LIMIT orders: create a STOP loss order at some defined point in the green or at worst, break even point, and adjust manually as stock moves up - but WITH enough distance to not trigger with normal market / equity fluctuation. The STOP LOSS ORDER triggers a BUY STOP LIMIT order to repurchase the equities when they go back up near the original starting price or previous price that was in the green, to be placed after reversal to established upward trend (in an tax-free account like an IRA without margin, this will be affected by settlement times - so it would be ideal to delay the repurch orders by at ~3days to avoid GFV's).

    • STOP loss orders combined with BUY STOP LIMIT orders, as above BUT with repurchase of the equities at a LOWER price once an upward trend is re-established. This order is an OCO and replaces the BUY STOP LIMIT. So capital freed from original position is used to acquire more shares. This is like above but combined with timing the market and taking advantage of lower price - so it's not the same thing as 'averaging down' as many inexperienced / amateur traders do. (This strategy also creates taxable events if it's in a taxable account, and in a non-margin account the settlement times also need to be taken into account here).

    I'd love feedback on the prior examples, and any other risk management methods professional traders use on long term / investment type positions.

    thanks for your time and help and suggestions!

    submitted by /u/CloudSlydr
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    Fresh investor. Could use a little guidance.

    Posted: 08 Aug 2020 06:37 PM PDT

    I'll keep it short and sweet. I've read all the FAQs and help sections. I'm not starting with much 2k. I've read stuff in WSB, here and r/stocks, r/investing. Family over the years has been illiterate about investment and I want to break that generational problem.

    Now seems like a good time to invest into the market.. I'm not looking to get rich quick but good growth, good return. Maybe once I get ahead a bit, play with some stocks. Where should I even start?

    I appreciate anyone for taking their time out of their day to read this. Thank you.

    submitted by /u/NarixGaming
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    Best platform for watching the US stock market?

    Posted: 08 Aug 2020 07:16 AM PDT

    I'm currently using NASDAQ, Bloomberg, and MarketWatch.
    I'm curious, where do you watch the news, updated, or even predictions of your companies that you invested in stocks? It can be a YouTuber too :) Need some recommendations, cheers!

    submitted by /u/YoungInvestorPH
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    Day trading??

    Posted: 08 Aug 2020 03:30 PM PDT

    I'm trying to learn to day trade and I feel like I understand but at the same time I feel like I don't if someone has any detailed videos for beginners could y'all please send them my way 🙏🏽

    submitted by /u/XPulseO
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    Apple calls

    Posted: 08 Aug 2020 03:23 PM PDT

    Although this isn't WSB I just wanted to let you guys know that I will be putting 10k into Apple calls on Monday testing my luck. The bulls will win next week and I see huge plays. Hopefully I can come back and screenshot my 50k gains.

    submitted by /u/dawood99
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    Good or Bad

    Posted: 08 Aug 2020 03:12 PM PDT

    Trump Bypasses Congress

    The market has been hoping to see some form of stimulus continuation from Congress. This isn't exactly it but is it enough to continue the bull run? S&P and Dow both hit the golden cross.

    submitted by /u/DifficultResponse88
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    Thoughts on Pfizer?

    Posted: 08 Aug 2020 02:17 PM PDT

    I have been looking up many pharmaceutical stocks lately. I believe some of those stocks hold potential. Recently, pfizer signed up a deal with canada goverment to secure million of vaccine after development. These days there is a race between many pharmaceutical company to develop a vaccine. So far from news and the articles i have read pfizer seem one of the best one so far. Their divided pay out is good too. I would appreciate if you guys can share your thoughts or if recommend a different vaccine stock. Thank you

    submitted by /u/heeker8
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    IBEX IPO

    Posted: 08 Aug 2020 06:32 AM PDT

    This customer experience company just IPOd yesterday and the shares were down close to 20%. I went over the company's website and the company is growing at a very rapid pace, does business with Fortune 500 brands and provides great value to its clients. Did anyone have any experience with this company? How does it do compared to its competitors? Good long term play?

    submitted by /u/MaxandmillionB89
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    Effect of Founder CEOs on stock price

    Posted: 08 Aug 2020 09:14 AM PDT

    How could we realistically estimate the effect of Founder/co-founder CEOs on the stock price.

    Let say mysteriously Jeff B or Elon Musk die in a few weeks - what impact would it have on Amazon and Tesla stocks? How quickly would they recover to their original path or would they anytime soon?

    submitted by /u/thenubee
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    Question about stock splits and option contracts

    Posted: 08 Aug 2020 07:31 AM PDT

    Let me preface this by saying I am new to all of this so this question is just out of curiosity. Let's say for example that 2 weeks ago I purchased an options contract for Apple that is set to expire at some point after Apple shares officially split. What effect does that have on an options contract? If you purchased a put, for example, does the strike price get divided by 4? I assume it would have to, but I'm really not too sure. Thanks for any insight!

    submitted by /u/MrBoops
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    Can someone explain Coca Cola for me?

    Posted: 08 Aug 2020 09:35 AM PDT

    I understand their dividends, but in a climate of increasing health awareness I'm concerned about investing in them for the future. How are they going to stay afloat? I know a lot of people still drink it, but how long will they stay relevant. They seem like GE waiting to happen.

    What are other "potentially more stable" good future dividend stocks?

    Edit: I am looking for long term 20-30 year stocks. It is obviously difficult to pick which blue chip stocks will fall off the pedestal but Coke seems like they might over that time period. My goal for this post was to see if others agree with that sentiment or not, and if not maybe I should be investing in them.

    This is my opinion and I'm looking for your views and opinions. I'm not making a prediction and defending it at all costs here.

    Edit2: I have NO money, shares, options, puts or anything on KO. I happen to enjoy their beverages from time to time.

    submitted by /u/Scotching123
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