Stock Market - Here is a Market Recap for today, Wed, Sept 9. Please enjoy!

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• Here is a Market Recap for today, Wed, Sept 9. Please enjoy!
• Microsoft announces pricing and release date for new Xbox consoles, and you'll be able to finance them starting at $24.99 per month
• 10 stocks for the next 10 years
• SoftBank likely didn't cause the recent rally. Santa Claus is the real "NASDAQ whale"
• 43% of retail investors are trading with leverage: survey
• SQ as an opportunity
• Chill the fuck out people... September historically has been the worst month for stocks
• Urge to Sell
• What are the downsides to Enbridge NYSE:ENB ??
• Premium courses at a discount
• opinions on Nokia? It’s been doing poor recently and might want to jump in.
• Looking for recommendations...
• Stock recession curiosities
• A sloshing bathtub?
• Is there a way to estimate the intrinsic value of a stock market?
• How to analyze markets and individual stocks?
• Where should someone new to investing look for information?
• Baillie Gifford Videos - Maybe of interest to Growth/Tech/Ark investors.
• Dead cat bounce? Is this a short gain before the continuing drop?
• Need overall market graph
• Ark are buying Tesla again..

Here is a Market Recap for today, Wed, Sept 9. Please enjoy! Posted: 09 Sep 2020 01:59 PM PDT PsychoMarket Recap - Wednesday, September 9, 2020 Stocks shot up today and recovered some losses after sharp declines in big tech stocks. After several red days, shares of Amazon (AAPL), Apple (AAPL), Microsoft (MSFT) and other big companies rallied. On a sour note, reopening stocks (travel, cruise lines, airlines, hotels, etc) were down after AstraZeneca (AZN) announced it had its COVID-19 vaccine trial paused. The S&P finished 2.08% up, the Nasdaq was 2.92%, leading the day, and the Dow finished 1.68% up. The volatility index (VIX) was down 4.8%, indicating increased risk appetite in traders. Today, it was announced that AstraZeneca, a forerunner in the development of the COVID vaccine announced a pause of their experimental trial after one patient became more ill, pledging to make safety a priority and take the time necessary to let science prevail. This setback comes in stark contrast to politicians and governments who seem to imply a cure is just around the corner. Shares of AstraZeneca sank 2%, while those of companies competing to develop a Covid-19 vaccine including Moderna (MRNA) and Novavax (NVAX) rose. US oil prices plunged nearly 7% today, after Saudi Aramco, the largest oil producer in the world, announced it would be slashing its selling price to Asia and the United States, per Bloomberg. "Oil demand globally is really sluggish. All of the low hanging fruit from the global oil recovery has already happened," said Michael Tran, managing director of global energy strategy at RBC Capital Markets. Asia-Us cargo rates are at the highest since March lows. For bulls evidence of a rebounding economy, for bears activity is fueled by liquidity and the shoe has yet to drop. Highlights After falling nearly 20% in the week, Tesla (TSLA) stock roared back today, finishing the day 10.9% up. Big Commerce (BIGC) reported earnings today. While estimates were beaten, investors were not impressed. Stock is down 10% today (4% during session (6% after-hour) EPS of -$0.38 v -$0.43 estimate Revenue of 36.3 million v 35.6 million estimate Facebook (FB) underperformed the market, finishing a modest 0.94% up. Precious metals were up today, with gold miners ($GDX) leading, up 4.34%. Silver was up 1.58% and gold was 0.92% up. McConnell announced plans to unveil the new $300B relief bill and took procedural steps needed to set up a vote "as soon as this week." Schumer and Pelosi said "Republicans bill which doesn't come close to addressing the problems and is headed nowhere" Analyst Upgrades: $MSFT Microsoft had a nice boost by Morgan Stanley $MS who raised its price target from $230 to $245 $PTON Peloton had Price Target raised by Wedbush from $66 to $100 $RPD Rapid7 Target raised by $MS Morgan Stanley $55 to $60 (nice stock check it out) $SFIX Stich Fix initiated by Deutsche Bank at BUY with pt $34 $SPCE Virgin Galactic Upgraded by Credit Suisse from $22 to $24 and NEUTRAL to OUTPERFORM. Notable Earnings for Tomorrow Thur Sept 10: FuelCell FCEL (BO), Chewy CHWY (AH), Dave & Busters PLAY (AH), Oracle ORCL (AH), Peloton PTON (AH) Interesting recent CEO purchase transactions: MNLO $100k, CWH $3MM, VST $750k, BKR $1MM, FRG $4.5MM, IVZ $3MM, SDC $10MM, PLAG $1.7MM submitted by /u/psychotrader00 [link] [comments]

Microsoft announces pricing and release date for new Xbox consoles, and you'll be able to finance them starting at $24.99 per month Posted: 09 Sep 2020 06:35 AM PDT https://www.cnbc.com/2020/09/09/microsoft-xbox-series-x-price-release-date.html Microsoft on Wednesday announced that its new Xbox Series X and Xbox Series S gaming consoles will be available on Nov. 10. Pre-orders start on Sept. 22. The high-end Xbox Series X will cost $499 while the entry-level Xbox Series S will cost $299. Microsoft will also offer a financing plan that allows customers to pay for either console over 24 months. The Xbox Series S costs $24.99 per month on that plan while the Xbox Series X will cost $34.99 per month. submitted by /u/coolcomfort123 [link] [comments]

10 stocks for the next 10 years Posted: 09 Sep 2020 02:46 AM PDT Hello fellow traders! I'd like to buy 10 stocks which I'll keep for the next 10 years or more. I'm looking for stocks in industries that will boom. Amazon Google Tesla Apple like stocks. I think important industries in my list will be the following: 5G, Cloud, Software & Services, Health Technology, Healthcare Technology and Biotech. (Important industries missed listing?) I realise that of the 10 maybe 15 stocks I pick some will disappear or will collapse. submitted by /u/barrie39 [link] [comments]

SoftBank likely didn't cause the recent rally. Santa Claus is the real "NASDAQ whale" Posted: 09 Sep 2020 01:56 PM PDT Ok, maybe Santa Claus isn't "the real NASDAQ whale", but he probably impacted the stock market as much as SoftBank. Why is that? Because SoftBank's options bets likely didn't cause the market rally, contrary to popular belief. Probably they didn't even moved the market much. Here is a hedge fund manager explaining why SoftBank likely didn't cause the recent tech stocks melt up, even though everyone is blaming SoftBank. Probably because the story is juicier that way. "The news reports that SoftBank Group's options bets on technology stocks could have been a driving force behind the rally, but does this theory hold water?" https://youtu.be/A3k_v9FIHQ0 This guy's channel is greatly underrated. submitted by /u/bearoftheyearingear [link] [comments]

43% of retail investors are trading with leverage: survey Posted: 09 Sep 2020 04:02 PM PDT https://finance.yahoo.com/news/43-of-retail-investors-are-trading-with-leverage-survey-172744302.html According to a Yahoo Finance-Harris poll published on Sept. 9, 33% of people holding stock indicated they've been trading more since the pandemic began and a similar number said they're trading individual stocks more, as opposed to ETFs and mutual funds. The poll surveyed more than 1,000 Americans, from Sept. 4 to Sept. 6. On a similarly bullish note, 36% indicated they've increased the amount of stock exposure in their portfolio. At the same time, just 16% and 17% own less stock and trade less stock, respectively. Interestingly, respondents with household income less than $50,000 said they traded more frequently since the pandemic and had more stock exposure, even more than the $100,000 or more group. The middle tier of earners, with income between $50,000 and $100,000, were more conservative. submitted by /u/Michael12390 [link] [comments]

SQ as an opportunity Posted: 09 Sep 2020 03:34 PM PDT Their Projected Revenue for 2020 is 7,47B( 34 Analysts at yahoo Finance ).Their projected Revenue is at 9,61B for 2021 a growth of 28,70%. The global fintech market was valued at about $127.66 billion in 2018, and is expected to grow to $309.98 billion at an annual growth rate of 24.8% through 2022. Square has positioned itself very well due to CashApp that will continue to grow. Square is also a large part of the ARKF fund which shows that is a Disrupting Company. 11.37% of ARKF is SQUARE INC with a market value of $64,047,635.10 Morgan Stanley Investment Managem and The Vanguard Group, Inc have a combined 14.84% in SQ. This shows it is backed by Large Investment Groups. As of June 30, 2020 SQ total assets was $7.812B. As of June 30, 2020 SQ total debt was $5.886B. Square is a company that has more assets the liabilities which means that it can manage its money well and has future prospects without worrying about future cash fallouts. A good video explaining SQ is https://www.youtube.com/watch?v=JN-j74EiCpE. This video was published on Dec 15, 2018 and the share price was 62,14 US. And now it at 144,21 and increase of about 123%. A couple Video showing the great opportunity of SQ https://www.youtube.com/watch?v=rpykRV5MgDk https://www.youtube.com/watch?v=BceuTNBQAIo https://www.youtube.com/watch?v=Vaw0dbXZGv8 I believe that SQ will grow to around 200 Dollars in the next 2-3 years meaning around a 40% with a good chance of happening due to the disruptive nature of SQ and the future growth of the Fintech Market. submitted by /u/watercat55 [link] [comments]

Chill the fuck out people... September historically has been the worst month for stocks Posted: 09 Sep 2020 07:41 PM PDT https://www.investopedia.com/ask/answers/06/septworstmonth.asp Since 1950, the Dow Jones Industrial Average (DJIA) has averaged a decline of 0.8%, while the S&P 500 has averaged a 0.5% decline during the month of September. Chill the fuck out and get ready for the market to rip in October submitted by /u/ThenIJizzedInMyPants [link] [comments]

Urge to Sell Posted: 09 Sep 2020 06:30 AM PDT In a falling market, how do you get over the urge to sell now and buy a few days later. I know that timing the market is hard, almost impossible. However, seeing your portfolio lose thousands every day can be crushing. I sold all my portfolio between March 10-23 and suffered huge loss. I was better with this correction. submitted by /u/ask_can [link] [comments]

What are the downsides to Enbridge NYSE:ENB ?? Posted: 09 Sep 2020 03:58 PM PDT A high percentage of my portfolio is Enbridge because it has a solid profit with growth and has one of the best dividends. I'm looking for a stock to invest in and I keep coming back to Enbridge. Is there any reason I shouldn't keep putting more money into Enbridge?? Thanks submitted by /u/supanatral [link] [comments]

Premium courses at a discount Posted: 09 Sep 2020 08:21 PM PDT hello! i'm selling overpriced courses for a cheap rate! here is the list of the courses that i have! PM me for more details https://docs.google.com/spreadsheets/d/1pGHzPW_HkqdDSJMhU9y-YW1PbwFzI2e-t4HYFLLUC_E/edit submitted by /u/Street-Dance168 [link] [comments]

opinions on Nokia? It’s been doing poor recently and might want to jump in. Posted: 09 Sep 2020 04:45 AM PDT What are your thoughts on Nokia Is NOKIA a buy? It's been doing bad recently. I know they are getting into 5g in a good bit of countries. What are your thoughts on Nokia? Appreciate your feedback! Thanks submitted by /u/goahdnagp [link] [comments]

Looking for recommendations... Posted: 09 Sep 2020 03:59 PM PDT If you were to begin a Roth IRA with Vanguard, which fund(s) would you choose for it? I'm new to this and would like some feedback to go along with some research I will do in the future. Thanks in advance submitted by /u/I_like_your_pretzels [link] [comments]

Stock recession curiosities Posted: 09 Sep 2020 11:41 AM PDT As a 24 year old beginner (nearly 3 weeks in the market), I haven't experienced a recession on a personal level yet. I'm curious to know what your opinion on when we will have one, how long the bear market will go on for, and how much percent you're prepared for. (Pure speculation and crystal ball-esk of course) submitted by /u/Nookoonator [link] [comments]

A sloshing bathtub? Posted: 09 Sep 2020 02:47 PM PDT Trying to get my head around the market. I've noticed that when tech is down, many entertainment stocks go up (theme parks, cruise lines, general amusement) and vice versa. Is this a shifting of psychology from more disciplined investments to fuck-all-I'm-having- fun? Do investors typically shift and trade between industrial and social futures? It seems to work like a sloshing bathtub somewhere in a room on a ship in tumultuous seas. The ship leans hard to port, and the money goes into tech. The ship leans hard to starboard and the money moves in to leisure. Is this common across many sectors? Is it rebalancing? Tech vs. leisure seems to be at odds in some instances. Thanks for any insight. submitted by /u/ghostofdreadmon [link] [comments]

Is there a way to estimate the intrinsic value of a stock market? Posted: 09 Sep 2020 02:02 AM PDT Say I want to estimate the intrinsic value of the NASDAQ 100. I am looking at an ETF with the following holdings: APPLE 13.6%, AMAZON 10.9%, MICROSOFT 10.7%, ALPHABET 7.3%, FACEBOOK 4.5%, etc. If I worked out the intrinsic value of APPLE and multiplied it by 0.136, worked out the intrinsic value of AMAZON and multiplied it by 0.109, etc. and then added them all up would this give me a good estimate of the intrinsic value of the NASDAQ 100 or is it more complicated than that? I understand that this calculation will change when the holdings change. submitted by /u/Soggy-Baby [link] [comments]

How to analyze markets and individual stocks? Posted: 09 Sep 2020 09:25 AM PDT Hello. New investor here. Sorry if this has been asked before. If it has, feel free to point me in that direction. What I'm wondering is how you personally analyze whether a stock is worth investing in? (Aside from obvious speculations.) Do you review the company's financial statements? Is looking at the Price to Earnings ratio what is most important? How do you determine that the company has growth potential? What should I be looking for in the past performance of the stock? How do you decide what kind of market segments to invest in? By reading the global news and researching ideas that seem profitable? I'm not currently looking at investing in individual stocks because I'm so new at this, I just have investments in ETF's. I would like to learn how to analyze stocks though, as I would like to invest a small amount for "fun" in the future. I'm trying to avoid taking blind advice from others about where to put my money, and coming to those conclusions on my own through an actual analysis. Thanks for any advice/tips you have! submitted by /u/alexiscorner [link] [comments]

Where should someone new to investing look for information? Posted: 09 Sep 2020 12:59 PM PDT Hello everyone. After hearing talks and talks of investments, today, I finally decided to try to make an effort to look into things. I downloaded Robinhood and got a free stock, so that was neat, even if the stock itself wasn't huge. Anyhow, I was wondering what resources you'd recommended to someone new to investing? Do you have any particular strategy? Any companies you recommended looking at? Thanks in advance and have a great day submitted by /u/lethargic_apathy [link] [comments]

Baillie Gifford Videos - Maybe of interest to Growth/Tech/Ark investors. Posted: 09 Sep 2020 06:56 AM PDT As reported last week this Scottish Firm are one of Tesla's biggest shareholders. They took profits after being investors for years, but like Ark have said they would be happy to get back in at lower levels. They are very much a good alternative to Ark funds for anyone who can't get them. https://www.youtube.com/watch?v=t4Q5TvJi28I&t=4s&ab_channel=interactiveinvestor https://www.youtube.com/watch?v=NpmnZtfQXKk&ab_channel=interactiveinvestor The above videos are of Fund Manager David Bujnowski talking about disruptive tech, amongst other things. BG have lots of funds, but the one's most similar to Ark are: American Fund, U.S Growth Fund, Positive Change Fund and their flagship Scottish Mortgage Trust (run by James Anderson). Hope the videos of some interest, and of some reassurance to those getting weary of all the volatility. submitted by /u/MrDopple68 [link] [comments]

Dead cat bounce? Is this a short gain before the continuing drop? Posted: 09 Sep 2020 10:17 AM PDT Curious what people's thoughts were since the pattern of multiple day drops usually follows with a gain before an even bigger massive drop in the near future during a recession. submitted by /u/cylonpower [link] [comments]

Need overall market graph Posted: 09 Sep 2020 09:26 AM PDT Where can I look at the over all market on a graph? I've googled it and it shows stuff I'm not sure about (I'm a beginner). I want to see it because I'm curious about how the market is performing and it will be good to keep an eye on if we enter a bear etc submitted by /u/Nookoonator [link] [comments]

Ark are buying Tesla again.. Posted: 08 Sep 2020 11:05 PM PDT Ark have always said that they had been selling Tesla on the way up only because of prudent portfolio management. Obviously critics accused them of pump and dump. Well yesterday with Tesla stock at it's lowest levels for some time Ark bought a load. submitted by /u/MrDopple68 [link] [comments]

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