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    Monday, August 31, 2020

    Stocks - r/Stocks Daily Discussion Monday - Aug 31, 2020

    Stocks - r/Stocks Daily Discussion Monday - Aug 31, 2020


    r/Stocks Daily Discussion Monday - Aug 31, 2020

    Posted: 31 Aug 2020 01:08 AM PDT

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    Tesla up 7% and Apple up 3.5% after split

    Posted: 31 Aug 2020 08:01 AM PDT

    What moves are you guys making concerning these two stocks? I see Tesla might go up September for Battery Day, especially if they can deliver with something that would change electric vehicles drastically for the better. As for Apple I could see it sustaining these levels until their next big development.

    submitted by /u/hsi_fibonacci
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    What do you think of buying Airport stocks now?

    Posted: 31 Aug 2020 04:14 AM PDT

    I'm currently looking into the Fraport stock. Fraport is a company which owns airports in europe and south america. The value of their stock has droped 40% due to corona and has not yet recovered. When do you think will people start to travel by plane again?

    submitted by /u/Backblech402
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    TikTok deal to sell U.S. business could be announced as soon as Tuesday

    Posted: 31 Aug 2020 07:30 AM PDT

    https://www.cnbc.com/2020/08/31/tiktok-deal-to-sell-us-business-could-be-announced-as-soon-as-tomorrow.html

    TikTok has chosen a bidder for its U.S., New Zealand and Australian businesses and could announce the deal as soon as Tuesday.

    Microsoft, in partnership with Walmart, and Oracle are the top contenders.

    The sale price is expected to be in the range of $20 billion to $30 billion.

    submitted by /u/coolcomfort123
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    Why is NET stagnant compared to the rest of tech right now?

    Posted: 31 Aug 2020 09:38 AM PDT

    I went in pretty heavily on Cloudfare, I know this is to be long but I don't see any key indicators of why this is lagging behind the rest o tech. Most the tech tickers are up heavily today, while the rest continuously go up each day, but NET is just staying flat or dipping into the red for the last several days.

    submitted by /u/Hash43
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    NVDA product launch tomorrow

    Posted: 31 Aug 2020 09:51 AM PDT

    The main gaming NVDA product lineup is coming tomorrow. Although it's not nvidias main money maker it is it's hype maker for a large crowd. For the 2000 series the stock was down on launch day but up on its surrounding days. For the 1000 series the stock was up every day and was up 18% the week of launch... food for thought. I'm taking calls as the 2000 series hurt the company as it was disappointing. This series is rumored and leaked to be above and beyond expectations which will give hype and pump stock.

    submitted by /u/naturallyfatale
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    Do you prefer buying ETFs like VOO or mimicking their portfolios?

    Posted: 31 Aug 2020 05:12 AM PDT

    Looking into different variations of VOO and was wondering if it would in some cases be more profitable to buy directly into some of the companies like Apple, MSFT, and BRK.B or if VOO being the obviously safer bet would be better for unrealized profit?

    submitted by /u/pretty-zucchini
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    Why the stock market is disconnected from the economy

    Posted: 31 Aug 2020 01:27 PM PDT

    Here's a snippet from a podcast I've listened to (by Peter Schiff) a week or so ago, thought I'd share it here:

    Doesn't the stock market reflect the earnings of the economy? Well, no, it reflects the earnings of the companies that are part of the stock market. The vast majority of businesses in America are not publicly traded. They're not in the Dow 30; they're not even in the S&P 500 or the Wilshire 5000. They're privately held companies, so they're not part of it.

    So, if you look at the makeup of the publicly traded companies especially on a market cap basis, which companies are doing the best? Amazon, Netflix, those type of companies. [...] What's happening today is heavily impacting smaller companies, mom-and-pop type companies. These are the ones that are struggling, and so, since these big companies now have less competition from smaller companies, that benefits the stock market.

    So to say, oh look, the stock market is booming, that means we have a strong economy. We don't. It is the weakness in the economy that is benefiting the stock market, and the weaker the economy gets, the better it's going to be for the stock market. Because what happens when the economy is weak? The Fed prints even more money, we get bigger stimulus. It does nothing for Main Street, it sedates Main Street, but it continues to pump air into the stock market bubble.

    TL;DR Most companies are not listed on any major stock exchange. When you see the S&P 500 up on the year, it's not the economy that's roaring. It's the mega cap FANG stocks, large-cap multinational retailers like Walmart and Target, big pharma, fintech, etc. None of the stock indexes reflect small businesses or even the overall economy. Don't look at the stock market to gauge the health of the economy, look at the economic indexes.

    submitted by /u/marilius12
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    Fed purchasing longer term treasury yields?

    Posted: 31 Aug 2020 05:54 AM PDT

    As Reuters reports today, chances are high that the Fed will purchase 30-year treasury yields. How will that affect bank stocks?

    submitted by /u/theakamu
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    The real reason why CloudFlare ($NET) is down today.

    Posted: 31 Aug 2020 12:11 PM PDT

    This might help some people.

    - Cloudflare has been trading sideways for a while so this is not really surprising to me first of all.

    - Cloudflare went down Sunday so there are a lot of misinformed people selling out not realizing that Centurylink was the root cause for Cloudflare's outage.

    - Stocks like Tesla and Apple are skyrocketing, so people are most likely selling out of the stagnate $NET stock to grab some easy cash.

    That being said, NET is down 3% at 38.30ish which seems to be the bottom for this stock today. Could be an entry point for some people.

    submitted by /u/HeidNuu
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    Wal-Mart & Microsoft looking to buy TikTok are facing issues due to the CCP

    Posted: 31 Aug 2020 03:39 AM PDT

    This news had definitely not gone unnoticed with Investors with wallmart's shares down already 4% in pre-market.
    As expected the CCP is being a bit of an annoyance for American interest in TikTok.
    https://www.reuters.com/article/us-usa-tiktok-china/chinas-new-tech-export-controls-could-give-beijing-a-say-in-tiktok-sale-idUSKBN25Q05Q.

    How will this impact the sale of tiktok? Will they even be sold?

    submitted by /u/StonksArthur
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    Buying at all time high for long term hold

    Posted: 31 Aug 2020 10:04 AM PDT

    Would you buy ETF or stock at ATH for long term hold? I am thinking to start a position in ARKK, but given that it's at its all time high , I am wondering should I wait for a dip or just don't worry about it. Both TSLA and SQ, two of ARKK's main holdings, have exploded in last few months so maybe wait for the dip in the TSLA ? Let me know your thoughts.

    submitted by /u/a77asad
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    AUVI - Applied UV Inc. Up over 100% on IPO day..

    Posted: 31 Aug 2020 12:23 PM PDT

    Anyone heard about this company?

    "Applied UV was formed on February 26, 2019, for the purpose of acquiring all of the equity of SteriLumen and Munn Works. The Company acquired all of the capital stock of SteriLumen in March of 2019. The Company acquired all of the membership interests of Munn Works in July of 2019. The Company conducts all of its operations through SteriLumen and Munn Works. SteriLumen was incorporated on December 8, 2016 in New York for the purpose of developing, designing and manufacturing disinfection systems, that eliminate pathogens that may cause healthcare-acquired infections ("HAIs"), for distribution and sale to facilities that have high customer or patient turnover such as hospitals, assisted living facilities, doctors' offices and walk-in clinics as well as hotels, cruise lines, airplanes, schools, government buildings, commercial offices and other facilities that offer access to the public."

    Looks like they produce UV products for public places, allowing germs to be destroyed. Anyone have more insight on this company? Could be a pump and dump but given what's going on in the world could have some decent long term potential!

    submitted by /u/flamestalker
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    Thoughts on Unity and Corsair IPO?

    Posted: 31 Aug 2020 11:21 AM PDT

    Anyone else watching these companies' IPOs closely? I'm on the edge whether they are good buys due to their S-1s' showing losses in 2019, but great growth in the future.

    submitted by /u/Odd-Somewhere
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    Apple Stocks

    Posted: 31 Aug 2020 12:03 PM PDT

    So I'm relatively new to stocks. I've been studying them somewhat over the course of a few years. Financially speaking I'm in a solid position with very few bills to pay in my early 20's. Would buying say 5-6 Apple stocks right now a bad idea? Or would it pay off in the long run?

    submitted by /u/laflame93
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    What do you guys think of buying all of the ARK etfs?

    Posted: 31 Aug 2020 09:05 AM PDT

    Curious what u guys think about this strategy? maybe dedicating 40% of a total portfolio to ARK etfs, buying equal percentages of each of them? i dont know a ton about stocks and see here how people love ark and cathy wood. thanks for any feedback

    submitted by /u/rammerman123
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    Need another hedge against USD inflation, Rare metals, metals, natural resources, or mining companies?

    Posted: 31 Aug 2020 07:02 AM PDT

    I have some Gold and Silver, looking to diversify into other metals or natural resources.

    Anyone recommend a mining company over a Trust?

    I'm leaning Trust because I'm concerned inflation will hurt mining companies. But I'm open to hear any ideas. Suggestions on a ticker?

    submitted by /u/canIbeMichael
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    Warren Buffett's Berkshire Hathaway buys stakes in Japan's five leading trading companies

    Posted: 31 Aug 2020 09:25 AM PDT

    From r/StockMarket

    https://www.cnbc.com/2020/08/30/warren-buffetts-berkshire-hathaway-buys-stakes-in-japans-five-leading-trading-companies.html

    Warren Buffett's Berkshire Hathaway has acquired a slightly more than 5% stake in each of the five leading Japanese trading companies.

    Berkshire acquired the holdings in Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co., and Sumitomo Corp. over a roughly 12-month period through regular purchases on the Tokyo Stock Exchange.

    Based on Friday's closing prices for the trading houses, a 5% stake in each would be valued at roughly $6.25 billion.

    Berkshire says it intends to hold the investments for the long term, and that it may increase its holdings in any of the companies up to a maximum of 9.9%, depending on price.

    submitted by /u/TemporaryCitron
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    The surge of the lumber

    Posted: 31 Aug 2020 09:55 AM PDT

    Do you have any stocks that are linked to the price of the lumber since it's now at 766.50$ ? The construction industry is still booming and i think the stock in lumber can go even higher. Any recommandation ?

    submitted by /u/hiddan67
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    ZM beats estimate, obviously!

    Posted: 31 Aug 2020 01:30 PM PDT

    Zoom reported Q2 EPS of $0.92, $0.47 better than the analyst estimate of $0.45. Revenue for the quarter came in at $663.5 million versus the consensus estimate of $500.45 million.

    Tbh, i do believe ZM is overpriced and overhype, but man i love riding with ZM to the moon.

    It's 358$ now. 10% increase AH alone. 18% increase in a day

    submitted by /u/Spydy99
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    UTZ the chip is public

    Posted: 31 Aug 2020 10:57 AM PDT

    I dont know if anyone cares or has seen, but a major player in the Chips industry has gone public

    Here is the article https://www.baltimoresun.com/business/bs-bz-utz-brands-public-20200831-ufs7facakrhbjbza23qrxrni2u-story.html

    submitted by /u/Frenchtoastboi
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    TQQQ vs. QQQ

    Posted: 31 Aug 2020 01:53 PM PDT

    Looking to transfer the money that I had in VTI into something a little higher risk/higher reward. I've got most of my money in VOO, VTI, and MSFT, so I'm just looking for a little more short term growth potential and for a little diversification. I'm not too well versed on leveraged ETFs, so any advice on which would be best would be much appreciated.

    submitted by /u/JerryTheElectricFool
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    For long term investors up 100% since March

    Posted: 31 Aug 2020 11:34 AM PDT

    I am a long term investor who trades around a core position. I have 11 (mostly tech) stocks that I sell 10-20% whenever they get too over valued, and I buy more on dips. I am currently up over 100% since March. I am fully aware that this kind of move is almost once in a life time. I have been staying true to my strategy, and have been taking some profits from my winners, and now my portfolio is 11% cash. I am very tempted to take much more profit and build up more cash.

    To all the long term investors that are up big:

    1. How much profit have you taken?
    2. What percentage of your portfolio is cash at the moment?
    3. If you haven't sold anything yet, do you plan to?
    submitted by /u/swim000092
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    Who remembers the NFLX shorts from 10 years ago?

    Posted: 31 Aug 2020 11:32 AM PDT

    I remember YHOO message boards talking about all sorts of debts coming due, and how NFLX was going to lose license to all sorts of programming, and they were calling for NFLX to collapse. The opposite happened. Does anyone remember when this talk was being thrown about? I assume the shorts all went bankrupt long ago.

    submitted by /u/CortexExport
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    Nasdaq crash any time in 2020 / 2021?

    Posted: 31 Aug 2020 11:20 AM PDT

    I was just curious, since the stock market is so disconnected from economic reality now (especially Nasdaq), do you think it'll ever crash again in 2020? Unemployment is accruing every month hitting almost 25% of US which I assume will affect the consumerism sentiment of companies like Apple, Tesla, etc. Or is this just going to go up for the foreseeable future?

    I sold all most stocks after the second big crash in June predicting that the market was going downhill. I'm trying to gauge how to re-enter the market - wait for next big crash or start average dollar cost investing.

    submitted by /u/cylonpower
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