Stock Market - Tesla jumps on the bandwagon, announces 5 for 1 split. Let's use this thread to discuss it! |
- Tesla jumps on the bandwagon, announces 5 for 1 split. Let's use this thread to discuss it!
- How to Trade IPO Debuts for Quick Profits
- The market has become a game of pure speculation. I’m convinced all logic has been thrown out the window.
- What is going on?? This is pure lunacy.
- Which public companies are best positioned to take advantage of legalized sports betting?
- Brand new to trading but slowly learning!
- Thoughts on portfolio, New investor
- Searching for ALL the companies that use Wirecard (WDI)
- Is this a good idea?
- any extra input on my agressive longish term ETF investing plan?
- TLT gap down
- Hey guys, new to the stock market game. Looking for some advice.
- Inovio Pharmaceuticals is tanking. I'm wondering if I should sell my positions in $INO.
- Watchlist: 8/11 Bulls, Trucks & Weed
- How do you tell how "Big Money" is trading?
- any extra input on my aggressive mediumish term ETF investing plan?
- ALT - Altimmune release earnings the after hours today but earnings call is tomorrow morning?
- Just dumped a large amount into five robotics ETF’s as a long term investment
- QQQ/ VXF/ VGT pairing for VOO??
- Need advice :)
- Can someone refer me to a good screener filter?
- A young pup in need of a sensei
| Tesla jumps on the bandwagon, announces 5 for 1 split. Let's use this thread to discuss it! Posted: 11 Aug 2020 02:37 PM PDT Ok, to prevent 50 posts about this (there were already five here within 15 min), let's use this thread to discuss the TSLA stock split. Answer common questions as there will be a lot, upvote quality answers and downvote and report misinformation. There are gonna be a lot of people wondering how this affects them so let's try to be friendly and remember that in the end we all seek the same thing: thy holy tendies!
www.marketwatch.com/story/tesla-stock-soars-7-on-5-to-1-stock-split-news-2020-08-11 [link] [comments]  |
| How to Trade IPO Debuts for Quick Profits Posted: 11 Aug 2020 07:44 AM PDT (posted this in /r/stocks but the mods gave me a hard time, and people seemed to appreciate it, so I'm posting here) The main reason I'm writing this, is because during last week's BigCommerce IPO, there were a lot of question on how to play the IPO once the stock hit the market, ranging from "When does the stock start trading", to "How much will it cost when it debuts", to "Why is the debut price so much higher than the stated IPO price?"... I made $20k on a $35 investment on BigCommerce (Turned $35k into $55k), and have now played 7 IPOs without a loss, but this was the first one I really nailed. I'm gonna go in depth on what I've learned over the past 4 years trading IPOs, and share with you a strategy that I really nailed down in the past few months. I'm specifically talking about buying an stock on the day of the IPO once the stock starts trading. For most of us who do not have substantial capital in our accounts, or whose brokers don't get access to many IPOs at the listing price, the best we can do is buy the stock once it is actively trading on the open market (the 'debut'). While it sounds pretty straight forward, buying a stock on the day of its IPO is rather tricky, since you don't know exactly when it will start trading, or at what price it will actually debut on the open market, and since the price often moves very quickly once it starts trading, you want to be able to buy in as soon as possible, especially for a super hot IPO - and there IS a way to get stock the minute it debuts on the market. To give you an idea of what you can accomplish - in the LMND, NCNO, and BIGC IPOs, you could relatively easily made about 50% on your money on each of these within a day of the IPO. IMPORTANT TO UNDERSTAND - not every IPO is going to soar, you need to be selective, you need to take precautions to limit your downside, and the goal here is to make the right moves on a stock that DOES take off once it debuts off it's IPO while not losing money, or at least limiting your losses, when the IPO is a dud. First, some quick background info to get everyone up to speed, since it does help to prepare you for playing the IPO the day a stock debuts trading: An IPO (Initial Public Offering) is the process by which a private company, often a startup, initially lists their company's shares for sale on the public markets. The purpose of this is typically for a company to raise money - they sell shares to the public and use the proceeds from those sold shares to grow their business. Another reason a company will 'go public' is so that employees, investors, and owners of the company can realize a capital gain (make money) from the stock they own/have earned as they founded and grew out the company. Traditionally, a company will hire established Investment Banks to promote their IPO to institutional investors (pension funds, hedge funds, etc), in order to build out a substantial base of buyers who will purchase the shares offered in the IPO. In the weeks leading up to the IPO, the company's executive team will meet with these investors and pitch their business in order to drum up support for the IPO, and these large investors will 'subscribe' to buy a certain number of shares within an expected price range, which is ultimately determined usually the day of the IPO. The day of the IPO.So going into the day of a major IPO, you know the range of the IPO price and you know the company will list that day, but you don't know what the debut price will be or when the stock will start trading, and this is your biggest initial challenge. I'm already assuming the stocks I want to use this strategy for are creating a pretty big buzz in the media and social networks, so my expectation is that they will pop once they start trading. This means that within a few minutes of trading, the stock will already likely have shot up a few dollars or more, so you really want to get in right away. KEY ENTRY STRATEGY: Set a LIMIT ORDER for a couple of dollars above the Ask Price of the stock, so you are ensured to get shares right when the stock debuts. You will need to keep an eye on the movement of the Ask price every 5 minutes or so until you see the price start to stabilize - since you don't know exactly when the stock will start trading, you're going to need to babysit this for as long as a couple hours: adjusting your Limit Order price according to the Ask price (there are apps that can show you this key info in real time). For example, the BIGC IPO price was $24, but the debut price started at $70 and then came down to $55 and bounced around a bit. So when the Ask price shows $55, you set your Limit Order for $57; when it goes up to $60, you adjust your Limit Order to $63. If you're like me, you're throwing all your available funds at this thing, so you need to adjust the amount of shares you want to purchase in relation to the price change. You really have to stay on top of this, because the price can swing pretty fast, and you want to optimize the number of shares you get. For those who don't understand Limit Orders: a Limit Order (BUY) is basically saying that you agree to pay UP TO $X.XX for the stock. At some point, the stock will just start trading. There is no real warning, although you can sort of get a feel for it when the swings in price start getting incrementally smaller. IF you kept your limit price above the Ask price, you SHOULD get bought in almost exactly at the debut price once the stock starts trading. If you managed to do this properly - great, for the type of IPO we're looking for, you got in at the lowest point possible. So that covers the first part - getting INTO your trade at the optimal price - for home run IPO debuts, the price typically goes straight up. +++ Okay, now I'm gonna stop for a minute and talk minimizing your loss potential for when a stock does NOT go right up off the debut. Not every IPO is gonna explode, and in order to be in position to capitalize on the ones that DO explode, you're probably gonna have to play a bunch of them that are duds or just don't rocket right off the launch ramp. For every LMND and NCNO there's a RLAY, QH, BLCT, and BLI. Granted, some of these turned out to be potential wins (BLI and RLAY), but not at the level of LMND/NCNO/BIGC - and a couple of them fell pretty significantly right after they IPOd. Even just last week, RXT did a nosedive which would have garnered a 20% loss or worse. The good news is, that almost all of these stocks experienced a slight bump in the first few minutes after they debuted. If I'm not incredibly confident in a stock, I'm gonna set a Stop Loss either right at my entry point or slightly below it. If it get's triggered, oh well, either no loss or a small loss, and I just accept that even if the stock recovers, at least I haven't lost money. The real winners with huge gains are usually obvious from the start. I'm gonna say this again just to make my point. Set your Stop Loss for whatever amount you feel comfortable losing, and do it right away. It's okay to lose a little. The home run plays don't do a big dip right out the gate - they run off pretty much straight from the starting line. You really don't want to be sweating it out while a stock dittles around the debut price for the day. One mistake I made with the LMND and NCNO IPOs was raising my Stop Loss amount as the stock popped. Had I simply left my Stop Loss at my entry point, it would not have been triggered at all, but raising it incrementally as the stock price shot up caused it to get triggered on a down swing before the stocks ultimately went far beyond the initial spike. The anatomy of the stock charts for the home run plays look very similar, particularly in the first 30 minutes of trading. A big jump off the debut price, with an initial spike. BIGC triggered two circuit breakers on the way from $68 to $93 before coming back down to the low $70s before climbing up to $103 the next day. LMND and NCNO followed similar paths. You might consider just selling out a portion or all of your stock on the initial spike, but for the real home run plays, you'll be leaving money on the table if you sell of the initial spike. HAVING A GAME PLAN Just as it's a good idea to set your Stop Limit to control your acceptable loss, it helps to define your expectations for what you envision as a 'win'. It's not easy to time these things to perfection, so if you have some idea as to how much you would be happy to walk away with, you can exit your position if/when your target is reached, and be happy regardless of what the share price does from there. For BIGC, $100 was my target, and I got out at $100.25. Once it went over $100 I set my stop at $100, and brought it up to $100.50 when it went to $101.00 - I got stopped out as it dropped back down from there. To clarify that strategy: once your target price is met, instead of just selling at Market Price, set a Limit Order and see if it runs a little, while raising your limit behind the price until you get stopped out. You can also sell out in phases to average out your exit point. While I don't normally do this, it is a sensible approach. I find that these stocks typically make a run at the end of the IPO day, and often push higher the next day. While there is no way to predict this for certain, remember that you're looking for the home run IPOs, and will inevitably play some dud IPOs along the way. The point is to NOT LOSE MONEY on the duds, while maximizing the value of the home runs. Knowing how to read candle style charts might help you define your exit point as well, but is by no means necessary. And another note: when you really nail it, you might consider holding onto a few shares of the stock - basically free stock - if you really believe in the company. For example, I bought in for 520 shares of BIGC @$68 and sold 470 shares @$100.25 (+$15,157.50), and kept 50 shares (@$100/share this would be $5,000). Edit: Since first writing this piece, BIGC has come down considerably, so the shares I held onto are worth a bit less: but they were essentially paid for out of the winnings and I expect this company to be valuable long term.Playing RKT the following day would have netted a pretty big win as well, but I was too amped to focus... something for me to work on as well. I'll be trying the same approach with BEKE, XPEV, and CVAC this week, with high hopes for DCT... Feel free to ask me any questions, play along, or give me further pointers on how I can refine my strategy. Best of luck! [link] [comments]  |
| Posted: 11 Aug 2020 01:02 PM PDT Companies beat earnings estimates yet their stock goes down. We have companies going up not based on news or revenue, but rather how many people think that industry/company will grow. I've seen this a lot before; but the stock market truly has become a popularity contest. It's slightly infuriating trying to make picks when it seems like the numbers don't even matter anymore. [link] [comments]  |
| What is going on?? This is pure lunacy. Posted: 11 Aug 2020 09:55 AM PDT So the Fed's buying has slowed to a trickle. The stimulus that everyone was expecting and pricing in all summer is stalled, behind deadline, and likely going to be less than expected if we get it. College football is cancelling their season, Fauci isn't totally confident in a vaccine's effectiveness, and spread risks are rising as schools open up. The China US tension continues with a potential inflection point in their meeting this week. And of course, valuations at are absurd levels by a number of metrics, including an all time high for market capitalization to GDP. All summer Ive heard 3 arguments. The market only cares about the virus. The market only cares about the stimulus. And the only thing that could send this market down is China tensions. Yet it continues to ignore all of it and rally day after day after day on "stimulus hopes." Today people are piling into banks and industrials like we've been given an all clear sign. What am I missing? What the hell is going on? [link] [comments]  |
| Which public companies are best positioned to take advantage of legalized sports betting? Posted: 11 Aug 2020 12:05 PM PDT Hey y'all, So it's becoming clear that states are going bankrupt due to COVID and looking for ways to generate revenue. One of the most talked about ways is to legalize and tax sports betting. Especially after the success of New Jersey, the state has brought in over $60M since legalizing sports betting. It's looking like 2/3 of the US will have some sort of sports betting by the end of 2021. Which public companies are primed to take advantage of sports betting legalization? I'm using this list to find co's in the sector - these look like the top players:
[link] [comments]  |
| Brand new to trading but slowly learning! Posted: 11 Aug 2020 01:13 PM PDT Hey y'all hope everyone's having a successful day of trading! I'm new to the trading community and I'm looking for suggestions on which programs to use when it comes to paper trading, I heard some have delays when it comes to the market (since it's not trading with real money) but besides that what are some paper trading websites/programs you guys would recommend thats similar to a real market, I'm trying get some hands on training :) [link] [comments]  |
| Thoughts on portfolio, New investor Posted: 11 Aug 2020 07:10 PM PDT What are your guys thoughts on my portfolio so far, I'm 20 years old and I just started investing 2 months ago. Portfolio value: $2,168 VTI 46.88% QQQ 26.14% V 9.46% WM 8.67% KO 8.94% My plan is to do 50% in VTI, 25% in QQQ and 25% in individual stocks but I want some opinions from people who have more investing experience than me to see if that's a good strategy [link] [comments]  |
| Searching for ALL the companies that use Wirecard (WDI) Posted: 11 Aug 2020 08:48 PM PDT Ok so I'm looking into Wirecard (WDI) and I'm searching for ALL the companies that are using Wirecard but I can't find this information, I did find 1 website that researches this stuff but they want me to pay for it and, to be honest, I rather don't pay for information when I can search for it myself (if possible). Now here's my question, Is it possible to get this information online (on google)? If so, Where do I find this information, Is there a website I can use? Thank you. [link] [comments]  |
| Posted: 11 Aug 2020 08:26 PM PDT Is this a good idea? Ok so i am 18 right now have 500$ portfolio in common stocks what i am thinking is a 7 year goal from now and i need help from ppl for their opinion I have some amount or money saved like an emergency fund and in September i will be starting university and i will also continue workin part time and here is what i am calculating for my long term investment I will invest 200$ in stocks which pay good dividends every month (so like 50$ every paycheck) 200$12 months = 2400$ 2400$7years = 16800$ Every summer of the year i will invest a 1000$ extra so= +7000$ Total=23800$ round up to 25000$ By the age of 25 if u take a average dividend including inflation(which affects both ways) and average stock market growth let's say like 8% dividend income it will be 2250$ per year and 2250/12 roughly 180$/month I will get 180$/ month as dividend income which will eventually pay my student loan for university I need opinions that if this is a good calculation or am i making some mistakes or is this a bad idea? [link] [comments]  |
| any extra input on my agressive longish term ETF investing plan? Posted: 11 Aug 2020 12:00 PM PDT Been building up positions in 50% PBW (Renewable NRG), 25% ESPO (Videogames), 20% BOTZ (automation and robotics), and 15% YOLO (devils lettuce).... i try to avoid the techier companies cause i feel theyre being piled on too much... My reasoning: renewables and marijuana are already making fast progress with a government that hates them. if dems get into office.... moon time? is this a good idea? being diversified in specific growth industries. if not please gimme some extra etfs you know of Thanks to those who read. For those who hate weed: i agree to disagree with you. Its only 15% and im also young so i can outlive you old devils lettuce hating mofos. [link] [comments]  |
| Posted: 11 Aug 2020 12:03 PM PDT Chart is fairly nose-dive-ish, typically this preceeds some bad stock market days, SPY has not had a down day the entire month of august. The "buy the dip" / "crush short sellers" algo is already kicking in to gear to crush a climbing vix and send prices to their daily highs. it is meeting resistance it has not seen all month. Volume still falling off day by day. But we are within throwing distance of the ATH. So whats the verdict - does TLT gap down mean anything? 1 month of gains erased in one overnight session. [link] [comments]  |
| Hey guys, new to the stock market game. Looking for some advice. Posted: 11 Aug 2020 05:51 PM PDT Hey guys, I'm a newbie to the stock market. I have a few stocks that I've bought and made some alright profit but nothing too big. I am looking to invest about 20k now, I am thinking of Apple, PayPal, or Tesla. Just looking for some advice, I want to be smart and invest into companies that I know are only going to go up in value. Any advice would help. [link] [comments]  |
| Inovio Pharmaceuticals is tanking. I'm wondering if I should sell my positions in $INO. Posted: 11 Aug 2020 01:47 PM PDT Inovio pharmaceutical is down 25% today and it's taken a good chunk of my portfolio. Inovio pharmaceuticals ticker, symbol $INO, is a player with the development of the Covid Vaccine. It's all time high was $30+. but it's YTD low was quite remarkable. It currently hovering around $14.50 I'm contemplating whether I should sell or hold my positions. It may go down before it goes up and after missing earnings yesterday, I'm not sure. I can see it go down to closer to $10 or just below that. What plays would you make here? [link] [comments]  |
| Watchlist: 8/11 Bulls, Trucks & Weed Posted: 11 Aug 2020 04:18 AM PDT Market Notes: Yesterday was another choppy day in the markets. Mean reversion seems to be the go-to strategy this summer. Bulls seem to come out on top more often than not as the broad uptrend continues. Futures are sharply higher today. I'm watching for selling at the open. Both trucking and weed stocks are in play today as earnings season rolls on. I've got a couple of each on my watchlist this morning. Watchlist: ETON is a low float, on watch KIRK is a low float, watching for above $7.50 AMTX is a low float, resistance at $2.38 RHDL is a lowish float, key level $10 EVOK is a lowish float, resistance at $5 USX is a lowish float, trucking play, resistance at $10.50 AQST is a lowish float, key level is at $7 GRWG is a weed play, resistance at $9.50 YCBD is a weed play, key level $4 LPCN has support at $2 YRCW is a trucking play, resistance at $3.83 PEIX has resistance at $3.50 VTGN has support at $1 CBAY watching for a setup above $7 DSKE is a trucking play, on watch TTOO watching for a setup above $2.15 [link] [comments]  |
| How do you tell how "Big Money" is trading? Posted: 11 Aug 2020 04:14 PM PDT I saw an article on Investopedia today where the author claims to know how the "Big Money", ie the 80% of the market comprised of the biggest traders, is being spent - which stocks, ETFs etc they are buying and selling. Is such information freely available, or is there a subscription service that provides it? Is there evidence that such information truly predicts market movements? [link] [comments]  |
| any extra input on my aggressive mediumish term ETF investing plan? Posted: 11 Aug 2020 02:15 PM PDT Im young and looking for industries that have relatively safe but also big growth prospects. Any further ideas i would appreciate. Im also looking at Space ETFs. I do try to avoid the mainstream techier companies cause i feel theyre being piled on too much. Otherwise please gimme more ideas. My positions are 50% PBW (Renewable NRG), 25% ESPO (Videogames), 20% BOTZ (automation), and 15% YOLO (devils lettuce) My reasoning: Renewables: already making fast progress with a government that hates it. If dems get into office... it will only go up at a faster pace than now. Marijuana: same thing. On top of that states are bankrupt and MJ taxes are looking real tasty to some broke ass states. Videogames: A fucking habit. People dont just stop and corona just fast tracked its growth. Automation and Robotics: This one is obvious. Thanks to those who read. Criticism encouraged besides the weed which is only 15% I'm young so i can outlive you devils lettuce hating mofos. [link] [comments]  |
| ALT - Altimmune release earnings the after hours today but earnings call is tomorrow morning? Posted: 11 Aug 2020 01:59 PM PDT Why would a company release their 10-Q and 8-K filing the night before the actual earnings call? I always thought it was done shortly before the call. Any insight would be helpful. Thanks! [link] [comments]  |
| Just dumped a large amount into five robotics ETF’s as a long term investment Posted: 11 Aug 2020 01:26 PM PDT ROBT, BOTZ, ROBO, IRBO, & ARKQ My hope is that these will give me broad targeted exposure to an industry that is poised to explode over the next 20 years, due to Deep Learning Artificial Intelligence giving robotics an enormous boost in potential capabilities. From what I have read, it looks like the robotics industry could see a CAGR (compound growth rate) of 25-26% over the next decade, and I don't think they are accounting for what future AI will allow, as far as their capabilities are concerned. Then there is the pandemic and all of the social distancing. I have been following the industry for many years, and it seems that now was the time to get in. [link] [comments]  |
| QQQ/ VXF/ VGT pairing for VOO?? Posted: 11 Aug 2020 04:47 AM PDT Hey guys! Having a hard time selecting an ETF to complement my 100% VOO portfolio. I'm keen to take on higher risks as I'm young and would like to add a tech ETF into my portfolio for diversification. ETF suggestions are welcomed. Thanks. [link] [comments]  |
| Posted: 11 Aug 2020 09:26 AM PDT Hello, for those people who don't know anything about stock market, investing, finances, what is the best way to start? An app? An article? Any "for dummies" videos? I literally know nothing about this and it's been 5 months since I started my first full time job and I wanna try it since I have extra money. & I have a 403b from my job and I don't understand any of it. Thank you so much. [link] [comments]  |
| Can someone refer me to a good screener filter? Posted: 11 Aug 2020 09:14 AM PDT I started using trading view as a screener for the stock market. I'm planning to do some swing trading recently but I'm new to the screeners and I'm trying to learn about the filters how to use them and what to look for. [link] [comments]  |
| A young pup in need of a sensei Posted: 11 Aug 2020 01:23 AM PDT I've been wanting to get into stocks but i don't understand the basics of it. My friends and family do try to help me but i don't feel like they give good advices. I'd really appreciate it if you guys, my seniors would bestow upon me how you came to understand and started trading. Do i read books ? If yes which ones? Talk to people involved in stocks ? I am really stuck ! [link] [comments]  |
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