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    Sunday, August 9, 2020

    Stock Market - New self-driving EV stock which didn't shoot up yet

    Stock Market - New self-driving EV stock which didn't shoot up yet


    New self-driving EV stock which didn't shoot up yet

    Posted: 09 Aug 2020 05:20 AM PDT

    Some facts about Canoo:

    - Founded by prior BMW executives

    - Backed by Hyundai and Kia

    - Will use Nvidia platform for autonomous driving

    - They will create a whole line-up from Sedans to delivery trucks and taxis/vans: pic

    - Hyundai will be using their 'skateboard' drive-train for their EVs.

    - Currently trades at $11 pre-merger ticker is HCAC

    Here is the source: https://www.bloomberg.com/news/articles/2020-08-08/ev-startup-canoo-is-said-to-be-in-talks-for-hennessy-spac-deal

    I can easily see that stock getting to $16 within a few weeks, if it turns into a hype like the truck maker that shall not be named you would be looking at an even bigger upside.

    submitted by /u/Recentmost
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    I'm giving you all my money in hopes you will best manage it. What do you do?

    Posted: 09 Aug 2020 03:21 PM PDT

    I live a very frugal lifestyle where my net income to bills is a 3.5:1 ratio. I feel like in 2021 I can push that to 4:1. I have a lot of cash just collecting dust in a checking account though. I need to put it to work. I don't have kids or a spouse, I just work, exercise, eat, then play video games. I love Tesla and future technology like Neuralink, SpaceX, and AI.

    So what would you do with my large amount of cash wasting away in my checking account today?

    submitted by /u/Freds_Premium
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    40, got fired a few months ago. Struggling to keep up with expenses.

    Posted: 09 Aug 2020 12:49 PM PDT

    Last few months have been pretty rough. The company i worked for wasn't doing too well ever since The lockdown.

    They had to layoff some employees i was one of them. I have been trying to look for a job but haven't been successful in my search so far.

    I am in debt and also have family responsibilities. My wife doesn't work either so it's really hard for us to keep up.

    I am looking to get into investing as a side hustle while i struggle to find a job. I know next to nothing about the stock market though.

    Looking for a source to start from Scratch.

    submitted by /u/Dreamkasper2001
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    America's Social Security crisis is getting worse amid the coronavirus pandemic

    Posted: 09 Aug 2020 06:11 AM PDT

    https://finance.yahoo.com/news/social-security-crisis-pandemic-114848170.html

    Experts are warning that the economic effect of 55 million Americans filing for jobless claims and other issue amid the coronavirus pandemic will make the country's Social Security crisis even worse.

    "The coronavirus lockdown and current engineered artificial depression has made the Social Security system to be impaired as early as 2032," Peter Earle, an economist at the American Institute for Economic Research, a non-profit academic think tank, told Yahoo Money. "Changes are going to have to be made, whether it's lower benefits for recipients or different qualifications, such as a higher age to qualify."

    Today, workers pay 6.2% of their taxable earnings up to $137,700 into the system. But as of 2035 onwards, beneficiaries who've consistently paid this amount are expected to receive only 76% of their scheduled benefits, according to the SSA.

    submitted by /u/coolcomfort123
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    I want to learn Stock Market the proper way.

    Posted: 09 Aug 2020 07:59 PM PDT

    I got a lot of time. I am in no hurry. I don't want quick money, neither lose quickly. I want to make slow progress over the years and become a good investor.

    I want to understand all aspects of stock market (Financial statements, SEC filings etc)

    Please suggest the best books and the order in which I need to read it.

    submitted by /u/tlmgm
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    Options trading noob

    Posted: 09 Aug 2020 05:57 PM PDT

    Hi everyone!

    1st and foremost I would like to acknowledge the fact that I am a trading noob only trading since June. I was recently laid off from work and put a couple grand in the market hoping to make some good profit. I pretty much got kinda lucky and bought 100 shares of Pinterest at $17 before earnings and was pleasantly surprised after earnings to watch it double in price for a nearly 100% gain. I bought some Microsoft and thats going to be my long-term hold, I'm going to continue to try and buy as I like where the company is headed. My current bet is on Nio and I have 100 shares in this company as well. I would like to write options on my positions in Nio and Pinterest since I own 100 shares of both but when I open the options chains, I go in thinking I get it after watching some videos/reading articles... And leave stumped and disappointed as I still feel like a lost puppy and am afraid to make the wrong move. So I guess the question is, since I already own 100 shares of the stock.. Let's take Nio...I am willing to sell me Nio after earnings at $17 considering the call goes well... Is that a call option? And if the earnings are not well then the option just expires right? Sorry that I'm such a noob 😳

    submitted by /u/Poetstylez
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    Is there a brokerage that sells fractional shares and allows limit orders?

    Posted: 09 Aug 2020 05:45 PM PDT

    I'm a freshman majoring in Finance, but I can't wait to get in the classroom to learn about trading. Is there a brokerage that allows me to buy fractional shares and place limit orders? Everywhere I go, it seems like I have to choose from one or the other. I don't have a lot of money (obviously, why else would I ask about fractional shares), but I'm really eager to learn and grow what I have.

    submitted by /u/Graphty
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    How “safe” is the stock market long term?

    Posted: 09 Aug 2020 01:03 PM PDT

    Newbie to anything stock related!

    I know a lot of people refer to the stock market as a gamble, is it safe long term? Why is it so big if it's a gamble or if everyone lost? I figure there has to be a lot that is safe about it?

    Would say $5,000 a year into the S and P 1500 every year for 25 years look pretty good/have a nice return?

    submitted by /u/D76789
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    Technical Analysis alerts question

    Posted: 09 Aug 2020 10:39 AM PDT

    I am going to try to use alerts for the first time. Potential dumb question but do alerts have to be on a particular equity/ETF/Fund? Or is there a way to create criteria for alerts regardless of the stock so I can get a text or email saying these symbols match your criteria?
    Or would that be a "screener"?
    I have accounts in Schwab and Fidelity but am willing to create them on any site.

    submitted by /u/tomlin8
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    Selling calls before exdiv date

    Posted: 09 Aug 2020 10:12 AM PDT

    Assuming i know the week of announcement of exdiv for a company. Is there any downside to selling calls to shield from the stock going down by the dividend amount? Or am i missing something

    submitted by /u/Wilqiu0316
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    Thoughts on Nikola??

    Posted: 09 Aug 2020 04:01 PM PDT

    I've been looking at Nikola (NKLA) and it seems to be very promising to me. The EV truck industry has so much potential and it is a matter of time before an economy pops up around it. NKLA has been all talk so far but I just read that they broke ground on a plant in Arizona ( https://www.forbes.com/sites/alanohnsman/2020/07/23/nikola-building-600-million-plant-in-arizona-desert-to-get-hydrogen-big-rigs-rolling-by-2023/#7c1416f3536e)

    Still though, I'm pretty cautious around this company. Anyone got any good info on them?

    submitted by /u/UniqueConclusion6
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    When to sell

    Posted: 09 Aug 2020 09:33 AM PDT

    Hello everyone.. a newbie here, from your experience what are some of the things I should consider before selling a stock. When should I sell a stock? I often hear from others don't get emotional. Would really appreciate if I can get any advice on selling

    submitted by /u/brownlaila
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    Blink VS WKHS VS Net

    Posted: 09 Aug 2020 09:24 AM PDT

    So I have put money in some tech ETF's and now looking to invest +-€500 each month in shares. After a few days of reading numerous articles and company visions, I came up with the 3 above.

    None of those are included in my ETF's.

    Which of those 3 would you continously invest in and hold for the next 1 to 3 years?

    submitted by /u/Piglet_69
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    Announced ER vs Real ER date

    Posted: 09 Aug 2020 08:36 AM PDT

    Is there a way to find estimated or announced earnings date and real earnings date (for past quarter/quarters) for every company? So that way I could find out which company delays filling earnings report and which ones tend to do release them earlier. Any sources that provide this data?

    submitted by /u/datapim
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    Help this newbie become a decent trader

    Posted: 09 Aug 2020 08:16 AM PDT

    Hi guys I would like some recommendations from people that took online courses to learn more about the financial market and their opinion on the courses. I researched and a lot of people suggests learning from investopedia, udemy, or TDAmeritrade, however there are a lot of courses and information on those platforms and I don't know quite exactly where to start. I would appreciate if someone could send me in the direction. I'm open to other ways of learning too ex. youtube, books, etc.

    submitted by /u/SupremeMcDuck
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    A beginner's question about same ETF on different stock exchange and the index they are tracking

    Posted: 09 Aug 2020 04:23 AM PDT

    Hello everyone!

    Perhaps someone could explain something to a dumb beginner. I'm looking into an ETF that's listed on NYSE, LSE and XETRA among other markets. They all perform quite similar (as they should I think) since they are the same ETF and track the same index.

    My question however is that the performance is similar but there are still some differences in stock price when comparing the dates on different stock markets. For example the best performing seems to be the one on the LSE.

    Sorry for the dumb question, but why is it like that? Shouldn't the prices be relatively the same? I mean sure, the one listed on the NYSE has the highest price but shouldn't the stock price increase or decrease be relatively the same on for example LSE and NYSE when comparing them with prices from a week ago, a month ago etc?

    EDIT: It's an ETF with a ticker ESPO on NYSE and LSE and ESP0 (with a zero in the end) on XETRA.

    submitted by /u/nivoo_boss
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    How I became a day trader making 1500 a month in just 4 months

    Posted: 09 Aug 2020 06:13 PM PDT

    So I wanted to share some tips with you. I started buying and selling stocks 3-4 months ago and I have been largely successful. Here are some tips

    1. Read a lot about what you see in Reddit because they will give you some good ideas. just before I bought fastly 2 months ago, I was reading a lot of posts on Reddit leading me to purchase fastly. I bought it at 70$ and sold it at 90$ making easy money.
    2. Remember to always sell on a peak. buy when it peaks down and just wait for the stock to rise. You can try to gamble and see if it rises really high, but I usually sell when I see it lowering too much
    3. look to buy companies before earnings report. Make sure the company is good and profitable and if you know it will do good on its quarterly earnings report then buy it a few days just before the report at a cheap price. I gained 15% on Square and Disney by doing this.
    4. Make sure to watch the news. Trump just signed a bill that will most likely boost the stock market tomorrow. It would be a good idea to buy a lot of quality stocks tomorrow morning and sell them at a higher price later throughout the week.

    I'll probably make more posts about day trading but for now just know this and you should be good in the stock market and you can also start making money consistently.

    submitted by /u/jtorres65431
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    £200 ($260) And wanting to have a go at a little investing

    Posted: 09 Aug 2020 09:33 AM PDT

    So, I'm 15, I live in the U.K, and want to invest into Stocks, mainly just out of curiosity.

    My family have never traded before, and have no knowledge whatsoever, and so are very weary of the idea, so, I am starting very small. My Father agreed to match the £100 i was willing to put in with another £100, and register for everything in his name/as a custodial.

    Will it be possible for me to start with such a small amount of money, and invest to slowly grow it and keep reinventing what gains I get?

    If so, what is the best way to go about doing this? I have a basic knowledge of how the Stock market works and I am aware that growth, if any, will be slow. I am really looking to start small and grow that amount over time.

    Thanks

    submitted by /u/MaleGentleman
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