$GOOG: Justice Dept. Plans to File Antitrust Charges Against Google in Coming Weeks Investing |
- $GOOG: Justice Dept. Plans to File Antitrust Charges Against Google in Coming Weeks
- Stock market bloodbath: Dow and Nasdaq plummet in the worst day since June
- If you invested 10k in TQQQ 10 years ago, it would be worth 500k today...?
- PSA: ADP's Jobs Report is Not Official
- Is Big Oil an Amazing Value Investing Opportunity Right Now?
- Honest evaluation of The Motley Fool??
- Wall Street has never seen a company like Palantir
- $TSLA - September seen as a "catalyst-rich" month for the stock...CS outlines upcoming events that could help the stock
- How do fractional shares actually work for a broker?
- Value stock trading at 50%+ discount to asset value (GHC)
- Titomic (ASX) To The Moon?
- Investing my Ira in REIT’s
- Trying to find a trading platform that supports international investors from Zimbabwe.
- Are stocks really a buy-hold vehicle?
- Theta decay over the weekend
- Somebody explain
- What are some good sources to get information on stock news at the end of the day?
- REIT Inverse ETFs a Good Opportunity Soon
- Investing in income inequality
- market top > sector rotation into energy XLE ? stock watchlist[HES,HAL,BKR,FTI]
- Learning Valuation
- Any Chinese Online Brokerage that you recommend? Want to bypass US brokers...
- Buying an apartment with potential market crash around the corner
| $GOOG: Justice Dept. Plans to File Antitrust Charges Against Google in Coming Weeks Posted: 03 Sep 2020 12:58 PM PDT Key Excerpts:
TL;DR: Antitrust scrutiny of Big Tech seems to have picked up with Google in the Trump Administrations crosshairs. Despite broad bipartisan support in Congress and amongst 50 state AGs, there seems to be some politicking, or at least the appearance of such, that could slow down the government's case. AG Barr wants to file charge against Google by the end of September. [link] [comments]  |
| Stock market bloodbath: Dow and Nasdaq plummet in the worst day since June Posted: 03 Sep 2020 05:38 PM PDT Thursday was the Nasdaq's largest one-day decline from a record high in its history, according to Bespoke Investment Group. All three major indexes finished the day sharply lower. The Nasdaq closed down nearly 5%, and the S&P fell 3.5%, while the Dow finished 2.8%, or 808 points, lower. So, what happened? For one, the Nasdaq has been outperforming the other two major stock indexes — the Dow (INDU) and the S&P 500 (SPX) — for months. The rally has been going on for long enough that investors are now taking profit. Even so, the Nasdaq remains up nearly 28% in 2020, still far outpacing its counterparts. The Dow, which only recently turned positive for the year, is back in the red. "Although there is no single driver for the weakness, it seems as if investors all of a sudden realized how overbought stocks are and sold. Someone yelled fire in a crowded theater and everyone left at once," said Ryan Detrick, chief market strategist for LPL Financial, in emailed comments. But there are also technical reasons for Thursday's decline: As US-China relations sour, investors are moving money out of tech, which could get hit the hardest from a potential increase in tariffs. "The Nasdaq is getting hit hard with the continued rotation into cyclicals and expectations big-tech will ultimately pay the cost to a further deterioration with US-Chinese relations," said Ed Moya, senior market analyst at Oanda. Stocks in cyclical sectors are expected to perform better as the economy is recovering. The Big Tech companies such as Amazon (AMZN), Google (GOOGL) and Microsoft (MSFT), all of which are part of the Nasdaq, have become the safe-haven investment of the summer. But investors have beginning to wonder when the rally will run out of steam, either because of increased regulation or because the economy as a whole picks up enough to void the need for safety picks altogether. -- https://edition.cnn.com/2020/09/03/investing/nasdaq-selloff-stock-market-today/index.html [link] [comments]  |
| If you invested 10k in TQQQ 10 years ago, it would be worth 500k today...? Posted: 03 Sep 2020 06:32 PM PDT I'm a bit confused about why people hate on TQQQ. Yes it's extremely volatile, but the general trend of indexes like QQQ and VTI is that it is very likely to increase over 10+ years. So if you're planning on holding for more than a decade, why not just hold onto TQQQ and forget that it even exists until retirement? I think QQQ is likely to continue to outperform the S&P 500 for the next 10 years, and so TQQQ will also similarly perform well. I think that QQQ will very likely be much more valuable 10-20 years from now than it will be today. So logically TQQQ would be even more valuable than it is today as well. Just wondering if I'm missing something. [link] [comments]  |
| PSA: ADP's Jobs Report is Not Official Posted: 03 Sep 2020 08:47 AM PDT I'm tired of seeing the ADP data get posted and people taking it as truth. They have a regression model that they use, and unfortunately, it's been way off due to a significance event like Covid. Here's how they've faired since May: ADP May: -2.76m ADP June: +2.37m ADP July: +0.167m ADP August: +0.428m BLS comes out tomorrow at 8:30am. Since May, ADP has us at a net of +205k jobs. BLS has us at a net of +9.01m. Both reports had at roughly -20.3m in April. If ADP was correct, and we were still -20.1m since April, unemployment would be approximately 16%. It was at 10.2% last month. We live in an age of "I choose data that fits my preconceived notions", it's important to use good sources. BLS releases real, live data. ADP has a model with an output, and that model struggles mightily in unprecedented times. [link] [comments]  |
| Is Big Oil an Amazing Value Investing Opportunity Right Now? Posted: 03 Sep 2020 12:09 PM PDT Yes, yes, I know. Tesla exists. Oil is bad. Oil is dying. Covid lockdowns guttered oil demand. So on, so on. But, given that investor sentiment has driven oil supermajors to multi-year lows, is there a case to be made for snapping up shares? Specifically, I refer to Chevron, ExxonMobil, BP, and Shell. P/E and Price/Book ratios are in the single digits. Dividend yields range from 5% to 10%. FCF is monstrous as usual. Oil demand is ramping back up to pre-COVID levels. Oil demand will exist among businesses (industrials, miners, etc) and developing economies even after all the consumers in the world eventually switch to electric cars. European supermajors BP and Shell have already begun incorporating renewable energy into their business models. And honestly what's to stop any of these supermajors from just acquiring the next generation of energy companies (lithium batteries, hydrogen power, wind farms, solar panels, all that)? It's not like they're married to oil. They already have diversified heavily into natural gas, which will continue to have steady demand even in a post-oil world. Not to mention, they're all cash-rich, able to raise absurd capital, and proven financial stewards. I'd trust any of them to allocate capital and prioritize investments to best prepare for the future, while squeezing every last dollar of oil revenue possible. I put my money where my mouth is. I've been buying up $RDS.B with every new paycheck. It's now at about 10% of my portfolio, so I'll probably stop. With the level that tech valuations, and most other valuations honestly, are at right now - I'm hard pressed to find a better bargain than Big Oil. Thoughts? [link] [comments]  |
| Honest evaluation of The Motley Fool?? Posted: 03 Sep 2020 05:59 PM PDT I've seen their ads for years. always ignored them and assumed they were bullshit. But just the other day someone I know who spent years in the field and was successful told me they had some good stuff. That even when they're wrong it's not by much and they're analyses are very reasonable. Has anyone had experience using the service? [link] [comments]  |
| Wall Street has never seen a company like Palantir Posted: 04 Sep 2020 01:51 AM PDT Part software company, part consultancy, with a controversial dependence on US government and military work, Palantir only has 125 customers and remains heavily lossmaking after 17 years in business. To start with, the nature of Palantir's work was always guaranteed to put it under a spotlight. Its surveillance tools, developed in the wake of the 9/11 attacks, were designed to automate the work that intelligence officers previously carried out by hand. The sheer power of the technology, founded on integrating many different data sets, has made it possible to sift entire populations in the hunt for terrorists or other miscreants. Its work has extended beyond national security and intelligence into the commercial world — JPMorgan was using its software eight years ago to try to spot rogue traders. But high on its list of priorities, according to a regulatory filing published last week, is to make itself "the default operating system across the US government". [link] [comments]  |
| Posted: 03 Sep 2020 10:39 AM PDT Credit Suisse believes September will be a month full of potential positive catalysts for Tesla. "We see four drivers responsible for the continued run-up in Tesla stock: 1. Retail: The stock split likely provided another boost to retail interest. Tesla remains one of the 5 most added names on Robinhood, and there is demand outside the US. 2. Quant /momentum: The market remains long momentum; 3. Short covering: Tesla short interest is now at its lowest level since early 2011; 4. Passive: We wonder if some passive investors have been purchasing Tesla in advance of the S&P add." "S&P add may be announced by the end of this week: With rebalance scheduled for the third Friday of Sep (Sep 18), an announcement would occur two weeks prior (Sep 4). Of course, there is no guarantee Tesla will be included in the next add given challenges in adding a company of Tesla's size – there is no precedent for a ~$450bn+ company to be added to the Index; we believe many investors assume an add this month." "Battery Day (Sep 22) will lay out the case for lots of growth ahead; investors setting a high bar: We expect the event to highlight Tesla's tech advancements in batteries, plans for insourcing, and the path for capacity expansion (expanding battery capacity by 20-40x where it stands today). But more broadly, with Tesla likely to demonstrate different levers to reduce cost in battery, we expect it to lay out the case for why it can significantly reduce vehicle cost, ultimately unlocking lower vehicle ASP pricepoints (i.e., perhaps showing how Tesla can sell $25k vehicles), and thus how Tesla can significantly expand unit sales. Yet, note some investors may be treating Battery day as an opportunity to refocus their positions." [link] [comments]  |
| How do fractional shares actually work for a broker? Posted: 03 Sep 2020 12:58 PM PDT How do fractional shares actually work for a broker? Does the broker buy whole shares to cover everyone's fractional shares and then issue those fractions to individual accounts? Does DRIP work in the same way? Are fractional shares ever transferable to other brokerages? [link] [comments]  |
| Value stock trading at 50%+ discount to asset value (GHC) Posted: 03 Sep 2020 07:57 PM PDT I'm a traditional Benjamin Graham (unrelated from this company) and Warren Buffett style value investor. Things I always look for are a competitive advantage, strong management, conservative leverage, strong cash flows, and reasonable valuations. One pick that I've invested a considerable amount of money into is Graham Holdings (GHC). This company was formerly known as the Washington Post Company before the newspaper was sold to Bezos. GHC currently trades at ~$420 a share and I believe it has intrinsic value BASED ON THE CASH FLOWS OF ITS BUSINESSES, NOT BOOK VALUE, between $600-800 (valuation is wider range due to COVID). The company trades on thin volume (low analyst coverage), has very little in ways of investor communication (the chairman is close friends with and learns from Buffett), and is essentially a conglomerate that has two main business lines: education and TV stations. The former is primarily in their business, Kaplan, widely valued at $700 MM - $1 BN. Their TV station business is a cash cow and is valued between $1.5-2.0 BN. They recently spun off their cable TV business, Cable One (CABO) that has quadrupled in value in a few years. This would imply that the value of their current TV business may be even more valuable than my current estimate. Other business lines they have include manufacturing, healthcare, and misc. other businesses (restaurants, etc). In all, their combined asset value equates to $600-800 per share, with $600 being very conservative. Management retains a meaningful stake in the business which helps align investors and management decision making, the company has historically been very shareholder friendly (IE, buybacks), and it has no risk of insolvency, meaning investors can wait long periods for a payback. One thing to note is that GHC is VERY different from Berkshire, despite common comparisons between the two. Berkshire has a major equity portfolio and invests float from its insurance business (it's basically free borrowing); GHC has conservative investment strategies like Berkshire, but has no insurance business and has primarily private businesses (note Berkshire has considerable wholly owned businesses as well). Not the most sexy investment in a tech-driven bull market, but one with low risk and high potential for decent returns. Would recommend selling once it appreciates to the $600-700 range. [link] [comments]  |
| Posted: 04 Sep 2020 02:33 AM PDT Titomic ASX is a 3D printing titanium company. They have partnerships in both the private and government sector (with Boeing, airbus, the US gov and the AU gov to name a few). They 3D print titanium with 94% efficiency (industry standard is 6% efficiency). They seem to have the tech and the connections. Moreover, titanium is important for renewables and aerospace, which are both emerging in a major way. They currently only have a market cap of (approx.) 100M and if they become a major supplier for titanium parts, which they definitely could, they could easily 100x. Take a look at their website it's very compelling. Also, they signed a 25M contract a little while ago and last year their revenue was 430K, that's a significant revenue increase that will be released in their yearly earnings report which is dropping soon. Seems like a crazy good stock pick. [link] [comments]  |
| Posted: 04 Sep 2020 01:31 AM PDT Hi Reddit, I want to invest in REITS But DONT KNOW HOW TO CHOOSE ONE. I found one called Diversity fund from a post on FB and did cursory research and found that it was highly recommended for 2019. Bit I really have no way of knowing how to analyze what makes a good REiIT and what I should look for. Anyone have suggestions? [link] [comments]  |
| Trying to find a trading platform that supports international investors from Zimbabwe. Posted: 04 Sep 2020 01:03 AM PDT Hello everyone, I'm trying to find a platform to use to invest in and manage a stock portfolio of US companies. For context, I'm from Zimbabwe but I'm in the US but I am trying to help my brother establish some financial stability as he's still back home. Any advice at all is welcome. I have tried my luck with the popular platforms: E-Trade, Fidelity but they don't open accounts for international investors. Zimbabwe has had a hairy economy for the last decade or so as you may well know, so banks and most of the international community don't play very nice if you're not from there. I appreciate any help, links, or recommendations you may have. It's just frustrating lol. My brother is 25, Zimbabwean, and he will probably have in the range of $500-$1000 to invest. I am aware this is a very niche question, but I appreciate any help at all that you can give. [link] [comments]  |
| Are stocks really a buy-hold vehicle? Posted: 04 Sep 2020 12:08 AM PDT Hey /r/investing This is a bit of a meta question. Many of you probably know Aswath. He is the Stern Prof of Finance, dubbed the "Dean of Valuation". I believe compared to Buffett, one might say Aswath is a value investor. One peculiarity I found with Aswath is that he sells when he believes the stock is overvalued (see his recent take on AAPL https://youtu.be/Hr2XfCA3aKk?t=1478) and does not hold for the long term. Buffett on the other hand is the long term buy and hold who will often liquidate a position if there is a better opportunity or as far I know the deal didn't turn up good as he thought. I recall once a video from Shkreli who says that holding stocks as a buy hold was a stupid idea because eventually they all mean revert and the idea of a persistent moat is moot. See GE for example or perhaps Intel now? I hold AAPL at a lower cost basis. I feel it is overvalued but selling now will generate some capital gain tax. How do you guys reason around this? Are you more on the side of Aswath/Shkreli who believe stocks can't sit in a portfolio for too long or more on the Buffett side that believe stocks are businesses to hold for life? [1] Shkreli's video on holding stocks https://www.youtube.com/watch?v=vHgVLqoLkNk [link] [comments]  |
| Posted: 03 Sep 2020 06:14 PM PDT I'm thinking of buying a $78 AMD Put expiration 9/11 but I'm PDT restricted. Will theta decay the value of my option over the weekend, assuming tech plummets again tomorrow like it did today. Anyone think it's even worth buying? This is filller text because of the 250 character limit I hope this is enough characters for you [link] [comments]  |
| Posted: 04 Sep 2020 02:24 AM PDT I have buying power of 90k in my brokerage account.I shorted a postion around 15k dollars.My buying power decreased to 16k.I have closed down the postion since with a profit and my buying power returened to 90k. I had cash of around 7000 dollars at that time in account. [link] [comments]  |
| What are some good sources to get information on stock news at the end of the day? Posted: 03 Sep 2020 02:35 PM PDT I go through the Motley Fool investing news section after the markets have closed to get some information on which stocks moved and why. I'm looking to see if there are any other better sources. The Motley Fool is not bad for this purpose but I have to weed through the different articles to find relevant information. [link] [comments]  |
| REIT Inverse ETFs a Good Opportunity Soon Posted: 04 Sep 2020 01:43 AM PDT I am processing a strategy logically before I take action (weird I know) on how to take advantage of the real estate correction that is inevitable in the next 6-8 months as RE is increasing in value at an absurd rate and the economy seems to point in the opposite direction. Here is what I have put together so far. Looking at the overall real estate sector, we all know residential real estate is being eaten up faster than people can list their houses. Demand has gone from 40% below expectations in 2019 to 40 above expectations in Q3 2020 so far. On the commercial real estate side, REIT stocks have been holding steady at slightly positive YTD returns even though Work from Home has been widely implemented, businesses are backing out of leases, and landlords are struggling to find new commercial tenants. From what I know historically (except for the housing crisis which was caused by fraudulent mortgage lending, not true economic downturn), housing lags the economy by about 6-12 months. We're already seeing mortgage and rent delinquencies explode up hundreds of percents from Q1 2020, foreclosure rates are starting to increase, and commercial vacancies are growing just as fast. I believe the housing markets, both residential and commercial, will take large hits in 2021. This is why I have begun researching REIT Inverse ETFs to capitalize on the housing downturn. My goal date is to enter these ETFs in November when all new SBA programs will have ended and been done for over a month. This means any businesses surviving by paying rent/salaries with PPP and EIDL money will go belly up and break leases. Loan payment forgiveness programs will be ending for people who were early in the CARES Act access whether they were using these loans to purchase real estate, or purchase businesses that operate on leases real estate, they will start to feel the impact of full loan payments again. The residential housing market has been exploding with high demand and high average home values. This demand historically tapers off after the summer, which may cause an over saturation in the market as demand eases and supply does not. Additionally, as businesses and real estate starts to falter, people who have received leniency from either landlords or banks during covid (especially with Trump's new No Eviction Policy about to take effect), banks may be forced to foreclose on homes and businesses when this grace period ends. This will cause numerous foreclosures, and residential real estate will start reeling along with commercial real estate. Due to businesses normalizing and becoming comfortable with employees working from home now and in the future, demand for commercial real estate will not rebound to historical levels for years. This is why I believe there is a great opportunity in REIT Inverse ETFs in the next 2-8 months. There are essentially only 3 real ETFs that inversely track REITs: - REK - ProShares Short Real Estate - SRS - ProShares Ultra Short Real Estate (2x Shares) - DRV - Direxion Daily Real Estate Bear 3x Shares I plan to buy into the ETFs in phases: Phase 1: purchase shares of REK as it is not leveraged and will allow time to hold the ETF until the REITs start to fall without experiencing as great of losses if the downturn takes longer than expected. Phase 2: after a sustained price movement of -2 standard deviations, purchase shares of SRS which is leveraged at 2x shares to increase profitability now that you are more certain the downturn is in its first stages. Phase 3: after another sustained -2 standard deviation price move, purchase shares of DRV which is leveraged at 3x shares to maximize profitability when all signs point to a presently occurring downturn in the RE market. This strategy should allow you to safely monitor REITs for their downward trends while not risking as great of losses, while increasing your leveraged positions and maximize profits when the downswing occurs. Let me know if there are things I'm overlooking or if there are ways to improve this strategy. [link] [comments]  |
| Investing in income inequality Posted: 03 Sep 2020 02:06 PM PDT Is anyone here structuring their portfolio in a way that anticipates increased sales of luxury and durable goods in a post-Covid economy with increased income inequality? Following the Great Recession, we saw a dramatic expansion of economic inequality as those unable to weather the storm took out debt and sold off assets at bargain prices. Here too in 2020 we seem poised for a dramatic increase in economic inequality, particularly as employment seems to be stratified between those who can work from home and those who cannot, a trend that seems poised to continue. I'm looking at luxury stocks, like KORS, RACE, BRBY and they seem like they are potentially at bargain prices, as these companies have not rebounded in the same manner as many of the consumer staple stocks. Increasing income inequality in the long run may spell higher margins on these luxury goods and increased EPS for these companies. Has anyone else added luxury good etfs to their portfolio in anticipation of such a trend. I'm admittedly a total amateur, but I'm thinking of making a play on this theory. [link] [comments]  |
| market top > sector rotation into energy XLE ? stock watchlist[HES,HAL,BKR,FTI] Posted: 04 Sep 2020 12:57 AM PDT with the recent selloff and an inflationary pressure on the horizon , could this be the beginning of the late market cycle ? as in such case the energy sector should perform better and it seems to get confirmed as XLE reacts rather unfazed in the recent market selloff wich is a sign of strength ..... special look at HES, HAL, BKR, FTI [link] [comments]  |
| Posted: 03 Sep 2020 02:39 PM PDT I'm looking for suggestions on types of companies or even specific companies that would be ideal for someone trying to learn about valuation and equity research. As of now I'm deciding between Best Buy, Planet Fitness, Dunkin', Dick's Sporting Goods. Ideally I would love to analyze a publicly traded real estate development company, but I feel like that would be a bit too advanced. What are your thoughts? [link] [comments]  |
| Any Chinese Online Brokerage that you recommend? Want to bypass US brokers... Posted: 03 Sep 2020 03:49 PM PDT Hi everyone. Given the political tensions between China and the US it seems like buying Chinese stocks via a US broker could backfire if the US government delists them. Is there a way to buy Chinese stocks directly from a Chinese broker? -- This has to be 250 words so here I am writing something even though my point has been wholly made. I like chocolate and vanilla ice cream with delicious fruit and a dancing monkey with laser eyes that can see in the darkness and fly but most importantly it farts marshmallows [link] [comments]  |
| Buying an apartment with potential market crash around the corner Posted: 03 Sep 2020 10:36 PM PDT There's a huge undeniable bubble going on in the stock market, it's just a question how about long further it will stretch till it burst. But I'm in a dilemma, I found a nice coming apartment that will be completed in 6-7 months. It's slightly overpriced, but not too bad. How ever, is it a terrible idea to buy an apartment right now? Not sure what market crash will result. Stocks will decline alot, but how about real estate? It's also said that pricing on housing/apartment is all time high in my country. [link] [comments]  |
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