• Breaking News

    Friday, August 28, 2020

    Stock Market - Wall Street Week Ahead for the trading week beginning August 31st, 2020

    Stock Market - Wall Street Week Ahead for the trading week beginning August 31st, 2020


    Wall Street Week Ahead for the trading week beginning August 31st, 2020

    Posted: 28 Aug 2020 02:18 PM PDT

    Good Friday evening to all of you here on r/StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning August 31st, 2020.

    Stocks head into September in high gear as Apple and Tesla split, and markets await the August jobs report - (Source)


    September is historically challenging for the market, but stocks could start the month on an upswing after what looks to be the best August for the S&P 500 in at least 34 years.


    The week ahead will be busy with Fed speakers and economic reports, including the important August employment count Friday. Fed Vice Chairman Richard Clarida speaks at 9 a.m. ET Monday on monetary policy. He is is one of several officials, who are expected to reiterate Chairman Jerome Powell's Jackson Hole message that the Fed would be willing to let inflation run hot temporarily to help the economy and job market.


    The low volume days of late summer should be a hallmark of the week ahead, but there could also be window dressing trades around the month's end, as investors rebalance holdings.


    On Monday, there could be some excitement around two of the market's favorite stocks. Apple begins trading after a 4-for-1 split. Tesla is also trading on a split-adjusted basis starting Monday, after it split its stock 5-for-1. Apple's split changes its weight in the Dow, so the index is being adjusted and there will be new names in the index Monday as some old ones leave. ExxonMobil, Pfizer and Raytheon will be replaced by Salesforce.com, Amgen and Honeywell.


    The S&P 500 was up 3.2% in the past week, and it could continue to make gains in the week ahead.


    "I think we're still going to be basking in the the glow of an accommodative Fed, combined with the increased accessibility of Apple's share price to retail investors," said Sam Stovall, chief investment strategist at CFRA. Stovall said that after its last split in 2014, Apple gained 36% over the next year, but after its 2000 split as the tech bubble burst, it lost 60%. Apple has risen more than 30% since announcing its stock split on July 30.


    The S&P 500 was on track for a more than 6.9% gain in August, its best performance since 1986 if it holds that level through Monday. The S&P recovered and surpassed its all time high during the month and is now flirting with the psychological 3,500 area.


    The S&P 500 has on average lost 0.5% in September, its worst month of the year going back to World War II, Stovall said. When the S&P 500 has gained more than 5% in August, September gained an average 1.4% and was positive in four of the seven years also back to the 1940s, Stovall said.


    Jobs, jobs, jobs

    Economists are slightly more optimistic about the economic data in the third quarter, but the job market has been an area of concern with unemployment claims still running around 1 million a week. According to Refinitiv, economists expect 1.4 million jobs were created in August, down from 1.76 million in July. The unemployment rate is expected to fall to 9.8% from 10.2%.


    "I'm assuming we just continue the momentum we saw in the prior month," said Aneta Markowska, Jefferies chief economist. Markowska said the monthly number has been difficult to forecast because the lack of correlation with unemployment claims, typically a strong barometer for monthly payrolls data but not as much since the pandemic.


    "What we've seen really in the last two to three months is a sharp snapback in the hiring in the sectors that were most depressed in Covid. You have restaurant workers, leisure workers coming back," Markowska said. "At the same time, you're seeing a much smaller wave of layoffs in other industries. There was a second order knock-on affect, as a result of profit weakness and companies trying to cut costs as a result of that."


    Michael Schumacher, head of rate strategy at Wells Fargo, said there's been a debate in the market for the last several weeks about whether jobs gains are beginning to flatline.


    "It strikes me that if you get a better-than-expected number that probably sends risk assets flying, but a somewhat worse-than-expected number would have less impact," he said.


    Schumacher said the market may pay some attention to so far floundering efforts in Washington for a new stimulus package. But he added the market has been ignoring the issue for now, as Congress appears to be getting further apart.


    "We are worried about the impact on these small businesses if there's no bridge for the next six months," he said.


    Fed message

    After Powell spoke at the Jackson Hole symposium Thursday, Treasury yields moved in a wide range. The 10-year note was as low as 0.65% and as high as 0.78% Friday, before settling in at about 0.74% in afternoon trading Friday.


    Powell said the Fed would be willing to let inflation rise a bit above 2% for awhile, and that it would now target an average without moving to tighten policy.


    "The market reaction to Powell was a little confusing. I suspect the Fed did not want to see this back-up in nominal yields and I suspect they'll push against it," said Markowska.


    Fed watchers said the message from Powell was that the Fed will likely keep rates lower for a longer period. Bond strategists said the market was responding to the idea of higher inflation, and rates were rising, particularly at the long end of the curve.


    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    ([CLICK HERE FOR THE CHART!]())

    (T.B.A. THIS WEEKEND.)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART LINK #1!)
    (CLICK HERE FOR THE CHART LINK #2!)
    (CLICK HERE FOR THE CHART LINK #3!)

    S&P 500 Stocks: Worlds Apart

    If you've been paying attention this year, you know that the S&P 500 has been carried by the performance of the index's largest components, and the chart below illustrates just how wide the disparity has been. It shows the YTD performance of each of the S&P 500's members sorted by their market cap heading into 2020 with the largest stocks on the left side and the smallest stocks on the right. So far this year, the 50 largest stocks in the S&P 500 are up an average of 11.3% YTD, and if we were to take an even narrower look at just the ten largest stocks heading into the year, the average YTD gain is over 27%!

    While the largest stocks are up a lot this year, the next 400 stocks in terms of market cap haven't fared nearly as well, averaging a decline of 2.0%. That's not great, but considering the pandemic this year, even a 2% decline isn't such a bad thing. The same can't be said for the smallest stocks in the S&P, however. As shown below, the 50 smallest stocks are down an average of 15.3% YTD, and more than two-thirds of them are down!

    (CLICK HERE FOR THE CHART!)

    Another way to illustrate the declining fortunes of stocks this year based on their size is by looking at a moving average of YTD stock performance across the market cap spectrum, In the chart below, the first point on the chart represents the performance of the 50 largest stocks in the S&P 500 which have gained an average of 11.3% YTD. The next point to the right represents the average YTD change of the stocks that ranked between number 2 and 51 in terms of market cap at the start of 2020, and we continue that process down the entire list of components to the point where the last point in the series on the right side of the chart represents the average performance of the 50 smallest stocks in the S&P 500 heading into the year. As mentioned above, that group of stocks has averaged a decline of 15.3% YTD. The performance of the 50 largest stocks in the S&P 500 ranks as the fourth-best of 451 different points on the chart, while the basket of the 50 smallest stocks ranks as the 29th worst performing basket. In 2020, the bigger the stock, the better the returns.

    (CLICK HERE FOR THE CHART!)

    Which Bull Will It Be?

    The incredible rally off the March 23 bear market bottom continues, with the S&P 500 Index up more than 50% from those fateful lows. It feels like a lifetime since the longest bull market ever ended. Remember though, although the recent bull market was the longest, it wasn't the greatest, as the 1990s bull gained more on a percentage basis.

    (CLICK HERE FOR THE CHART!)

    We discussed in detail what the new highs in the S&P 500 meant here, so we won't dive into that again. But this time we'll show just how this rally ranks versus others that ended major bear markets. As shown in the LPL Chart of the Day, this new bull market, up to this point of about five months, is stronger than any other major bull market's start going back to World War II.

    (CLICK HERE FOR THE CHART!)

    "Yes, this new bull market is the strongest bull market we've ever seen after five months," explained LPL Chief Market Strategist Ryan Detrick. "But that shouldn't be a source of worry. The previous two strongest rallies up to this point were in 1982 and 2009, and both saw continued strength during the first year of the new bull market."

    Here is a chart showing just this bull market and the '82 and '09 bull markets.

    (CLICK HERE FOR THE CHART!)

    September Almanac: Only Modest Improvement in Election Years

    Start of business year, end of summer vacations, and back to school made September a leading barometer month in first 60 years of 20th century, now portfolio managers back after Labor Day tend to clean house Since 1950, September is the worst performing month of the year for DJIA, S&P 500, NASDAQ (since 1971) and Russell 1000 (since 1979). Sizable gains in September 2009, 2010, 2012, 2013 and 2017 have lifted Russell 2000 to second worst (since 1979). September was creamed four years straight from 1999-2002 after four solid years from 1995-1998 during the dot.com bubble buildup.

    (CLICK HERE FOR THE CHART!)

    Bullish election-year forces do little to improve on September's poor overall performance over the same time frame. September's performance does improve slightly in election years, but it is still negative nearly across the board. Only the Russell 1000 and Russell 2000 have been able to escape negative territory and post modest 0.2% and 0.8% average gains respectively in the last ten election year Septembers.


    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending August 28th, 2020

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 8.31.20

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET POSTED!)


    Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-


    • T.B.A. THIS WEEKEND.

    ([CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!]())

    (T.B.A. THIS WEEKEND.)

    ([CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!]())

    (T.B.A. THIS WEEKEND.)


    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:


    Monday 8.31.20 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 8.31.20 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 9.1.20 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 9.1.20 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 9.2.20 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 9.2.20 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 9.3.20 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 9.3.20 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Friday 9.4.20 Before Market Open:

    ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)


    Friday 9.4.20 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)


    T.B.A THIS WEEKEND.

    T.B.A. THIS WEEKEND. T.B.A. THIS WEEKEND.

    (CLICK HERE FOR THE CHART!)


    DISCUSS!

    What are you all watching for in this upcoming trading week?


    I hope you all have a wonderful weekend and a great trading week ahead r/StockMarket.

    submitted by /u/bigbear0083
    [link] [comments]

    U.S. tech stocks are now worth more than the entire European stock market

    Posted: 28 Aug 2020 09:29 AM PDT

    The dominance of major U.S. tech stocks in recent years has pushed the sector past another milestone as it is now more valuable than the entire European stock market, according to Bank of America Global Research.

    The firm said in a note that this is the first time the market cap of the U.S. tech sector, at $9.1 trillion, exceeds Europe, which including the UK and Switzerland is now at $8.9 trillion. For reference, the firm said that in 2007, Europe was four times the size of U.S. technology stocks.

    https://www.cnbc.com/2020/08/28/us-tech-stocks-are-now-worth-more-than-the-entire-european-stock-market.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

    submitted by /u/MBlaizze
    [link] [comments]

    Amazon buys 1,800 electric Mercedes delivery vans for its EU fleets

    Posted: 28 Aug 2020 03:48 AM PDT

    https://finance.yahoo.com/news/amazon-buys-1800-electric-mercedes-delivery-vans-for-its-eu-fleets-084852178.html

    Amazon (AMZN) announced on Friday it is buying 1,800 electric vans from Mercedes-Benz (DAI.DE) for its European delivery fleets, as part of its goal to be carbon-neutral by 2040.

    The online retail giant said it will put the 1,200 Mercedes e-Sprinters and 600 eVitos into its fleets by the end of the year. Five hundred of the e-vans will go into service in the UK, and 800 of them in Germany.

    In September 2019, Amazon signed a contract to buy 100,000 electric delivery vans from Rivian, a US electric-vehicle startup backed by Amazon and Ford (F), by 2030.

    submitted by /u/coolcomfort123
    [link] [comments]

    LAST DAY!!!

    Posted: 28 Aug 2020 07:18 AM PDT

    I'm so excited! Today is the LAST DAY that people will be posting asking what happens if you buy Tesla/Apple after the record day but before the split!

    It'll be so nice to not see 50 posts about it daily

    submitted by /u/ThatThereCanadian
    [link] [comments]

    NVDA shares at $500

    Posted: 28 Aug 2020 12:30 PM PDT

    Bought a handful of NVDA shares this week at $500. I'm hoping I didn't over spend. It's up today but I'm thinking long term with this and even post pandemic. Currently at $533.50 per share.

    submitted by /u/sturdymurd
    [link] [comments]

    Market recap for Fri Aug 28 2020

    Posted: 28 Aug 2020 01:58 PM PDT

    PsychoMarket Recap - Friday, August 28

    The market continued their bull run today, finishing modestly up. Major indexes are consolidating recent gains in the wake of a decrease in coronavirus cases, COVID testing developments, and a policy shift by the Federal Reserve.

    The NASDAQ closed 0.51% up. The S&P rose to its fifth record close, ending the day 0.65% up. The Dow also rose today, snapping a recent streak of underperformance. It finished 0.58% up and sits just 1000 points away from February highs. An incredible rum overall in the market for this week.

    President Trump announced a $750 million deal with Abbott Laboratories ($ABT) for rapid COVID-19 tests at the Republican National Convention Thursday night. Under the agreement, the administration would purchase 150 million of the tests, which take only 15 minutes to deliver results. The Food and Drug Administration granted Abbott's test emergency use authorization on Wednesday for patients with suspected COVID-19, making it the first rapid coronavirus test that doesn't require any special computer equipment. The test is the size of a credit card and is based on the same technology used to test for the flu, strep throat, and other infections. This new test has been hailed a 'gamechanger' by Yahoo Finance.

    Meanwhile in Japan, its longest running prime minister resigned for health reasons. Europe continues with its fight to reopen the economies in the midst of the health pandemic. And for the meantime it seems like US and China trade talks are developing positively.

    Finally there are very high expectations that we see an official announcement regarding the sale of Tiktok at some point over the weekend.

    Highlights

    • Coca-Cola ($KO) announced on Friday it would nearly halve its operating units and offer voluntary separation to 4,000 workers, as the world's largest beverage maker battles a hit to sales from the pandemic.
    • Precious metals rose today after recently underperforming the market. Gold ($IAU) was up 1.79%, Miners ($GDX) up 3.15%, and Silver ($SLV) up 1.83%.
    • In a closely-watched speech in Jackson Hole, Wyoming, Powell unveiled a new framework of thinking for the central bank that will tolerate inflation "moderately" above its 2% target.
    • Dollar General ($DG) PT raised by Morgan Stanely ($MS) to $240. Stock down 0.5%.
    • Workday PT ($WDAY) raised by Goldman Sachs ($GS) to $240
    submitted by /u/psychotrader00
    [link] [comments]

    Day trading tactics?

    Posted: 28 Aug 2020 03:45 PM PDT

    I am brand new to trading and not really in it for the long run (I have ETFs for that), I have made a small net profit, but have had a bad couple days and lost most of said profit. What are your guys tactics for day trading? I find trends that I buy into reversing all too often.

    Disclaimer I am more or less a complete noob

    Thanks

    submitted by /u/daddytrump12345
    [link] [comments]

    MY FIRST PUT OPTIONS

    Posted: 28 Aug 2020 08:22 PM PDT

    So today I bought my very first put option today it was a GoPro $5 Put option i I bought it at the strike price of 0.35 and the share price is 4.75, as soon as the market hit 1:00pm on Robinhood my put drop down to 2.39 and I tried selling my 1 contract to make a profit of $239.00 because it shows its ITM but then realized I couldn't because it was After hours and the market closed with my Put at 2.39, the Ask is at 0.28 and the Bid is at 4.50 and my put expires Sep 04, basically what I'm trying to figure out is when the Parker opens up will I be able to fill my order to close at 2.39? Or do I have to meet the buyers at the Bid? Incase I can't fill at 2.39 do I have to meet near 0.35? And am I likely to make a profit on this?

    submitted by /u/XPulseO
    [link] [comments]

    How to properly diversify a portfolio?

    Posted: 28 Aug 2020 08:14 PM PDT

    TL;DR: How do I diversify properly? Go wide or focus on a few? HERE is my portfolio. All advice welcome, I am new and lost.

    Looking for advice about portfolio diversification. Specifically, am I trying to be way too diverse with the current size of my portfolio? Just started looking into ETFs and ARKK has a lot of shares I like.

    First some info:

    I am in my mid twenties.

    I first got into the market early July, so I'm super new. I started off trading options and have been until now (gambling is fun lol.)

    I now wish to hold a portfolio over a long period of time (10+years), while only using about 5%-15% of my account to trade options to try and make more gains, which I will then spend to grow my portfolio of stocks. Every month I am now able to deposit $500 which I will spend to increase my portfolio.

    submitted by /u/Onii-chanOnly
    [link] [comments]

    $DKNG NBA playoffs resumes tomorrow - announced today

    Posted: 28 Aug 2020 10:20 AM PDT

    https://twitter.com/nba/status/1299387498708250626?s=21

    "We had a candid, impassioned and productive conversation yesterday between NBA players, coaches and team governors regarding next steps to further our collective efforts and actions in support of social justice and racial equality. Among others, the attendees included player and team representatives of all 13 teams in Orlando. All parties agreed to resume NBA playoff games on Saturday, Aug. 29 with the understanding that the league together with the players will work to enact the following commitments:

    "We look forward to the resumption of the playoffs and continuing to work together – in Orlando and in all NBA team markets – to push for meaningful and sustainable change."

    submitted by /u/giacobbedan
    [link] [comments]

    What is the definition of what I did. Is it bad to do? (And wtf are stocks...)

    Posted: 28 Aug 2020 04:10 PM PDT

    i saw that ulta was having an earnings report on the 27th after close.

    I bought shares expecting their earings to be good and for people to hop on the bandwagon.

    I earned 15%, saw it rise to 15.5%,set a stop market at 15% and let it go. My plan was to keep setting the stop market as it went up. It capped at 17, then fell to like 12. I made 14.5%.

    Is this swing trading? Is this a good strategy if i have long term stuff to make up for losses i may incur? How does this rise and fall of stock value determine what companies can use from investors? Are stock values only determined by what investors think the value is? How does an investor make any money if the stock value is low but they are a truly invested to the point they wont sell the stock? Im so confused about how an investor makes money besides selling stock to eachother.

    submitted by /u/_quick_question__
    [link] [comments]

    Looking for suggestions.

    Posted: 28 Aug 2020 03:28 PM PDT

    Hey guys, I'm new to the stock market and I have 9,000$ to invest.

    I was thinking of splitting between Apple, Microsoft, SKYY, NIO and maybe Tesla.

    Open to any suggestions, thanks in advance!

    submitted by /u/Greendalee
    [link] [comments]

    Beach thoughts: ETSY

    Posted: 28 Aug 2020 08:16 AM PDT

    Heya!

    ETSY is an online retailer selling handcrafted items. Individuals can open shop there and sell their handcrafted items.

    The question is simple: Does ETSY have amazon-like potential?

    Not entirely. I can't see ETSY mass producing items the same way Amazon does. However there are some similarities between the two ( individuals opening shop on ETSY and Amazon FBA, etsy affilliate program and amazon affiliate program to name a few). I don't have the numbers in front of me, being on vacation and all, but I remeber from the latest conference call that the CEO was confident and sounded like he has a clear path on going forward. On top of that, they are testing new search algorythms to improve the user experience.

    I already have a few shares on ETSY but was thinking of buying more since it has dipped to ~120. Any thoughts?

    Cheers!!

    submitted by /u/foufoutos94
    [link] [comments]

    UN urges India to quickly move to clean power

    Posted: 28 Aug 2020 06:08 AM PDT

    Hey guys.

    So, apparently the UN chief has asked India to move to clean power asap using the coronavirus as the catalyst that makes the shift. They have already increased total consumption portion of renewables from 17% to 25% despite the pandemic, so well underway.

    Any potential plays or stocks come to mind? lets discuss..

    https://www.marketbeat.com/articles/un-chief-urges-india-to-quickly-move-to-clean-solar-power-2020-08-28/?utm_source=earlybirdnewsletter&utm_medium=email&utm_campaign=newsletterclick

    submitted by /u/psychotrader00
    [link] [comments]

    Should you sell a stock if you anticipate it’s price dipping below your average cost?

    Posted: 28 Aug 2020 07:36 AM PDT

    I have a few shares of XYZ at $1986. Currently it's trading at $2300. I have made a nice little profit. However it's splitting next week and I anticipate the price dropping below my average cost of $1986.

    Should I sell now and then buy back in once it has dipped next week? For what it's worth, I am LONG on this stock.

    Just trying to see how you all approach this situation. Thanks in advance.

    submitted by /u/cheechuu
    [link] [comments]

    Question about options

    Posted: 28 Aug 2020 01:07 PM PDT

    I have a call for 550 strike Apple till december. The thing is that yesterday while the stock was down like 0.2% it was giving me plus 100 euros and today while the stock was 0.5% up i was losing 40 euros!! Why is that happening? Obviously i am not expecting to tell me why these specific numbers but in General why is this happening. I am kinda New only trading for 2 months. Thank you in advance

    submitted by /u/nb21mr
    [link] [comments]

    Why does the stock market drop when some events happen.

    Posted: 28 Aug 2020 09:15 AM PDT

    For example, today after the Japanese prime minister "Shinzo Abe" announced that he will resign, I saw in the news that Japanese stocks started to fall. Why and how such events influence the stock market

    submitted by /u/arvindmahto
    [link] [comments]

    Price Per Share question

    Posted: 28 Aug 2020 12:28 PM PDT

    Lets say the Price Per Share is $300.00. If I put $1.00, will I be making less money? But if I put $250.00, will I be making a lot more money than $1.00 due to Price Per Share?

    submitted by /u/Linux-user-Kernel
    [link] [comments]

    Yahoo Finance shows incorrect annual performance

    Posted: 28 Aug 2020 11:01 AM PDT

    Take the case of Vanguard S&P fund. Here is the 1 year historical prices history ... (shows a 22% return).

    https://finance.yahoo.com/quote/VFIAX/history?period1=1566950400&period2=1598572800&interval=1d&filter=history&frequency=1d

    But the Performance tab shows a return of 7% https://finance.yahoo.com/quote/VFIAX/performance?p=VFIAX

    How come?

    Strangely this is showing the same error using GoogleFinance function.

    GOOGLEFINANCE(VFIAX,"return52")

    Anyone know what is going on?

    submitted by /u/vulcan_on_earth
    [link] [comments]

    Class action lawsuits

    Posted: 28 Aug 2020 10:56 AM PDT

    What's up with all these class action lawsuits? I saw an article that says they announced a class action lawsuit against fastly today. Because basically alleging manipulation of price during May to early August? I've seen a couple of these lately with stocks I own. Is this common? I mean fastly basically was volatile because tik tok was their biggest customer. Considering the politically climate I can understand why it was so and still is volatile. Hard for investors to predict something like this but hey it's the name of the game right? Is it just all these people are mad when they brought at the top? Or is it more? Just using fastly as an example. I feel there has been quite a few of these lately. Haven't paid attention too much in the past before

    submitted by /u/2girlscrazy
    [link] [comments]

    S&P 500 Volume Question

    Posted: 28 Aug 2020 04:38 AM PDT

    Hi all,

    I'm doing a project on index forecasting, specifically S&P 500 (^GSPC) and I've realised that I'm not exactly sure on the details of how 'Volume' is calculated in this case. I understand the principle were it to be a stock or even an ETF such as SPY etc, but what is the Volume in the case of the market index itself? My thoughts were that it must be some form of weighted sum of the trading volume on each of the underlying 500 assets, but would anyone care to inform me on this?

    submitted by /u/pharm_it
    [link] [comments]

    New to the Market. Any Suggestions?

    Posted: 28 Aug 2020 09:49 AM PDT

    Hello all! I am a 16-year-old in high school, and I am starting to have a great interest in the Stock Market. My father and I are in the process of setting up a Custodial account and a ROTH IRA. Does anyone have any tips for me?

    submitted by /u/ElusiveGhost679
    [link] [comments]

    No comments:

    Post a Comment