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    Home Unlabelled Stock Market - Wall Street Week Ahead for the trading week beginning September 7th, 2020

    Stock Market - Wall Street Week Ahead for the trading week beginning September 7th, 2020

    September 04, 2020

    Stock Market - Wall Street Week Ahead for the trading week beginning September 7th, 2020

    Wall Street Week Ahead for the trading week beginning September 7th, 2020

    Posted: 04 Sep 2020 02:06 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 September 7th, 2020.

    The stock market shakeout is likely not over yet, even with Friday's comeback - (Source)

    The tech wreck is probably not over, despite Friday's market comeback.

    Analysts expect the shakeout in stocks to continue after the long Labor Day weekend, especially in technology names and the Nasdaq, areas of the market that notched the sharpest gains.

    After August's 7% gain in the S&P 500, stocks started September strong, and then just as quickly rolled over. The Nasdaq lost 5% Thursday and was down sharply Friday but pared losses to decline 1.5%. The S&P 500 was down about 2.3% for the week, even after a 3.5% loss Thursday.

    "I think this is a good wake-up call and a reminder that there are risks out there," said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. "In August, we did take a little bit off the table."

    Analysts expect the week ahead to be busy, with holidays ending and more market pros back at their desks. There is some economic data, most importantly Friday's consumer price index. The reading on consumer inflation is expected to show little change in core inflation with forecasts for a gain of just 0.2% in August, or 1.6% year over year.

    Froth blowing off

    The stock sell-off came as market pros were becoming increasingly wary of froth in the market, particularly in tech and momentum names. On Friday, it was revealed that SoftBank was behind billions in large options bets on individual tech stocks, like Amazon, Microsoft, Apple and Tesla. News reports said the trades were made over the past month, and SoftBank had been building unusually large positions in call options, or those that bet the prices of underlying stocks would rise.

    One analyst said the fact that SoftBank was "gunning the market" makes him worry that there is more selling to come in Nasdaq names. As SoftBank bought call options, the sellers had to buy stocks, conceivably driving up prices in a trading feedback loop.

    "It's just a trip to the casino," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "If they're supposed to be an investment company taking a long-term horizon, then trying to juice your short-term return through options, you've turned into a hedge fund."

    JPMorgan strategists said they expect the market to recover gradually, but there are still presidential election uncertainties looming in the next couple of months.

    "The significant reduction in previously extreme long positions in Nasdaq by momentum traders should allow the equity market to recover over the coming weeks, as happened after the June 11th correction," noted JPMorgan analysts. "But a repeat of the strong gains seen during July and August is less likely over the next two months."

    Grohowski said there could be more selling in the tech and internet companies, or those that were viewed did well as workers stayed home and the economy was shutdown. "It's not the start of a big lasting correction, but a forewarning the next couple of weeks and months are going to be choppy. I think it's going to be a sideways kind of market," Grohowski said. He added the market could be choppy in the week ahead.

    "We're a little more cautious, not to mention the market is trading at 23 times our earnings estimates for 2021," said Grohowski. He said the fact there is about $4.5 trillion in money market funds is a bullish signm since that money could find its way into the stock market.

    Julian Emanuel, head of equities and derivatives strategy at BTIG, said the S&P 500 could dip to its 200-day moving average, or 3,092, before rebounding, which would be about a 15% move in total.

    "I don't think the sell-off is over. Nasdaq is up 83%s since March 23, the S&P is up 63%," said Emanuel.

    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!)

    Small Caps Best Day After Labor Day

    In the last 21 years, only Russell 2000 has registered an average gain of 0.16% on the Tuesday after the long Labor Day weekend. DJIA, S&P 500 and NASDAQ have struggled with negative average performance. NASDAQ and Russell 2000 have been up five of the last eight years, but DJIA, S&P 500, NASDAQ and Russell 2000 all have fallen for the last three years on Tuesday. On Wednesday the market's performance has been varied. DJIA has performed the best, up 76.2% of the time with an average gain of 0.25%. S&P 500 is worst, up only 42.9% of the time with an average gain of 0.13%.

    (CLICK HERE FOR THE CHART!)

    Big August: Bullish or Bearish?

    Big August 2020 logged the 4th biggest August percent gain for the S&P 500 since 1949 and the 6th biggest since 1930. But, is this bullish or bearish for the market in the coming months? Hopefully the table below provides some perspective by comparing the previous Top 20 S&P 500 Augusts since 1949 to July, September, Q4 and the succeeding "Best Six Months" November-April.

    Subsequent Septembers were down 15 of 20 years for an average loss of -1.0% (median loss of -0.7%). Q4 is positive with gains in 13 of the 20 years for an average gain of 1.0% (median gain of 3.0%). The following Best Six Months are more bullish, up 16 of the 20 years with an average gain of 7.6% (median gain of 8.5%).

    Looking at just the 7 years that were preceded by big Julys shows some improvement for September but Q4s are worse, containing the largest Q4 losses. Back-to-back big Julys and big Augusts were followed by improved Best Six Months results, up in all 7 instances with a higher average and median gain and the top gain.

    (CLICK HERE FOR THE CHART!)

    Analyzing the Jobs Report

    The jobs market remains strong, as the August nonfarm payrolls came in at a solid 1.37 million jobs created, right in line with expectations. This was the fourth consecutive month of gains, up 10.6 million over this time frame. In March and April more than 22 million jobs were lost, so we still aren't quite to half of the jobs recovered though.

    This was the second consecutive month there was a very weak ADP private payrolls number ahead of the monthly jobs report, adding to the worries, but the actual nonfarm payroll number was once again quite solid. Don't forget, just yesterday we saw initial jobless claims come in at 881,000, the lowest number since the week ending March 14, another improving employment number.

    The big surprise in today's report though was the unemployment rate fell to 8.4%, from 10.2% last month and an expected 9.8%. This was the lowest unemployment rate since 4.4% in March.

    "This was an impressive report and once again showed the economy remained quite resilient," explained LPL Financial Chief Market Strategist Ryan Detrick. "But 8% unemployment is 8% unemployment, so let's not get too excited, but we'll still take this improving trend in the employment picture."

    As shown in the LPL Chart of the Day, even though more than 10 million jobs have been created in the past four months, the sad truth is we are still quite a long way from recovering all the jobs lost due to the pandemic. In fact, looking at previous cycles, it has taken years for all of the lost jobs to come back and this time doesn't appear any different.

    (CLICK HERE FOR THE CHART!)

    One thing to consider is could this solid number make it harder for Washington to agree on the next stimulus plan? We are watching this closely, but with the two sides still close to a trillion dollars apart, today's report will likely do little to help the two sides come to a quick resolution.

    Last, don't forget that stocks gained more than 60% in less than six months, so some weakness would be perfectly normal. In fact, looking at the two previous strongest starts to a bull market ever ('82 and '09) both saw some weakness right around now.

    (CLICK HERE FOR THE CHART!)

    3 Charts To Watch If You Are Bullish

    The S&P 500 Index just closed the door on its best August since 1986, making new all-time highs along the way, while also closing up five months in a row.

    First things first, make no mistake about it; this is a new bull market. That of course doesn't mean it will last years like previous bull markets, but a nearly 57% gain in 5 months is what we'd classify as a bull market.

    Here are all the bull markets going back to the Great Depression and where this one ranks.

    (CLICK HERE FOR THE CHART!)

    Now let's dig into the 5 month win streak. It is quite rare for stocks to gain from April through August, as the summer months tend to be somewhat tricky. Yet, we found there were six other years that saw these 5 months all close higher and the rest of the year was higher five times, with some solid returns in there. In fact, the only year that was lower the rest of the year was 2018, mainly due to the Fed policy mistake in December 2018.

    (CLICK HERE FOR THE CHART!)

    "What might surprise many investors is 5 month win streaks are actually incredibly bullish going forward," explained LPL Financial Chief Market Strategist Ryan Detrick. "In fact, a year after a 5 month win streak has seen the S&P 500 higher 25 of the past 26 times."

    As shown in the LPL Chart of the Day, the S&P 500 Index gained more than 35% during this 5 month win streak, the most ever. Yet, the future gains after 5 month win streaks is very impressive, higher 25 out of 26 times a year later. An object in motion tends to stay in motion and this sure seems to be the case here.

    (CLICK HERE FOR THE CHART!)

    Historic August Opens Door To Worst Month Of The Year

    What a month August has been so far, with the S&P 500 Index up more than 7%, for the best August since 1984. Not to be outdone, this is the first time in history August saw two separate 6-day (or more) win streaks. Last, with one day to go, the S&P 500 has gained 16 days so far this month, for the most since 16 in April 2019. Meanwhile, it is the most up days for any August since 2003.

    "Well, 2020 has laughed at many of these things, but be aware September is indeed the worst month of the year on average," explained LPL Financial Chief Market Strategist Ryan Detrick. "But what caught our attention was both September and October have a negative return during election years, with October the worst month of the year. Could investors get election jitters again in 2020?"

    As show in the LPL Chart of the Day, September tends to be a weak month. In fact, it is the weakest month on average since 1950. Additionally, the last two times August was up more than 5% were 1986 and 2000; the S&P 500 fell 8.5% and 5.4% in September those years.

    (CLICK HERE FOR THE CHART!)

    Breaking things down by just an election year shows that August actually tends to be strong. That obviously played out this year, but now will the weakness we usually see in September and October play out?

    (CLICK HERE FOR THE CHART!)

    Finally, after today, the S&P 500 will be up 5 consecutive months. Looking at the other years that saw a similar summer rallies, there tended to be more strength the final 4 months of the year, with only the Federal Reserve policy mistake of December 2018 blemishing this impressive track record.

    (CLICK HERE FOR THE CHART!)

    Yes, this record equity run is extremely stretched, but we would continue to use any pullbacks as an opportunity to add to longer-term core equity holdings, as the economy continues to come back quicker than most expected.

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 4th, 2020

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

    (VIDEO NOT YET POSTED!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 9.6.20

    ([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 9.7.20 Before Market Open:

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

    (NONE. U.S. MARKETS CLOSED IN OBSERVANCE OF LABOR DAY.)

    Monday 9.7.20 After Market Close:

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

    (NONE. U.S. MARKETS CLOSED IN OBSERVANCE OF LABOR DAY.)

    Tuesday 9.8.20 Before Market Open:

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

    Tuesday 9.8.20 After Market Close:

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

    Wednesday 9.9.20 Before Market Open:

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

    Wednesday 9.9.20 After Market Close:

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

    Thursday 9.10.20 Before Market Open:

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

    (NONE.)

    Thursday 9.10.20 After Market Close:

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

    Friday 9.11.20 Before Market Open:

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

    (NONE.)

    Friday 9.11.20 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 holiday-shortened trading week?

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

    submitted by /u/bigbear0083
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    Job cuts come for white-collar workers: 'There are no truly recession-proof' occupations

    Posted: 04 Sep 2020 04:14 AM PDT

    https://finance.yahoo.com/news/these-managers-earning-over-100000-will-lose-their-jobs-next-in-coronavirus-recession-195541040.html

    Recent job cut announcements by companies clearly indicate, however, that more white-collar jobs are on the chopping block.

    "When you see layoffs in management and corporate jobs, it's a pure indicator of the economic impact of the recession, rather than just the lockdown, since many of these jobs can be done from home and they aren't necessarily impacted by the lockdown orders," said Glassdoor senior economist Daniel Zhao. "It's an indicator that there's a traditional recession happening beneath the surface of this public health crisis."

    "The timing [of ongoing layoffs] is demonstrative here. The fact that these layoffs are happening now indicate that companies are revising expectations of how quickly we can return to economic normal," said Zhao. " It's a sign of...some increasing pessimism about the rate of the recovery."

    submitted by /u/coolcomfort123
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    PSYCHO MARKET RECAP for Fri Sept. 4 - PLEASE ENJOY!!

    Posted: 04 Sep 2020 02:49 PM PDT

    Psycho Market Recap - Friday, September 4, 2020

    Stocks continued falling on Friday after a sell-off yesterday led the S&P and the NASDAQ to close their worst session in months. Remarkably, however, benchmarks and big tech companies were able to rebound from deep in the red to finish the day modestly red. However, in context we are amid an incredible rally off the COVID-induced lows in March.

    The S&P finished the day 1.06% down, the Nasdaq 1.97% down, and the Dow 0.74% down.

    At one point, the Nasdaq fell as much as 5% paring losses, as the pullback in tech stocks continued. The index is now firmly below the 12,000, after crossing that threshold for the first time on Wednesday. Interestingly, energy, utilities, and financial sectors outperformed the broader, falling no more than 1.6% each.

    "Thursday's mini-crash left the door open for more selling, and investors have rushed through it today in a hurry to take profits before more downside arrives," said Chris Beauchamp, chief market analyst at IG.

    The market ran out of steam and encountered heavy profit-taking to form a pullback. These pullbacks are healthy and allow the stage for investors to average down or enter new positions.

    Thursday's plunge came in absence of a clear external catalyst, with newly released data on weekly jobless claims topping expectations Thursday morning, hitting single digit unemployment rate of 8.4% vs estimates of 10.2%. Furthermore, developments around a coronavirus vaccine candidate seem to be going well with the CDC announcing to states to prepare for a vaccine distribution by Nov 1. This is in contrast to the WHO making a release today with a new model that projects 1.9M more deaths by end of 2020 due to COVID.

    On other fronts mail-in voting will go ahead as planned. The stimulus talks still seem to be going nowhere with Democrats and Republicans unable to agree on the terms. This morning economic adviser Larry Kudlow, in an interview with Bloomberg, said that "we can absolutely live with it (coronavirus)" and "the economy is on a self-sustaining path to recovery… and will continue along those lines to surprise on the upside". This was in response to a question of what would happen in case Democrats and Republicans could not agree on a package by years end.

    Highlights

    • After beginning the day deeply in the red, big tech stocks were mostly able to recover

      • Apple ($AAPL) went from 8.04% down to finishing 0.7% down
      • Amazon ($AMZN) went from 7% down to 2.15% down
      • Microsoft "($MSFT) went from 5.6% down to finishing 1.4% down.

    • The volatility index (VIX) finished 8.8% down

    • Broadcomm ($AVGO ) reported better than expected results. Today got upgraded by UBS Group from $335 to $425, by JP Morgan Chase from $365 to $420, and Keycorp from $360 to $410. The stock performed healthily clocking a 3% gain.

    • $PVH price target raised by Barclays from $51 to $58 and by Deutsche Bank from $42 to $59. Stock is currently at $61.50

    • Shares of Carnival Corporation ($CCL) rose 5% after the company said it would be resuming some cruise operations under its Costa brand this weekend

    • Rocket Companies ($RKT) Reported earnings 2 days ago, finished 7% down on the day.

    • Camping World ($CWH) saw its CEO buy $100k in its shares, and recently also saw a dividend increase announcement on 8/24/2020 by 12% from $0.08 to $0.09

    Thoughts of a Psycho Trader....

    submitted by /u/psychotrader00
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    Berkshire Hathaway Slashes Stake in Troubled Lender Wells Fargo

    Posted: 04 Sep 2020 05:53 PM PDT

    https://finance.yahoo.com/news/berkshire-hathaway-slashes-stake-troubled-212431667.html

    (Bloomberg) -- Warren Buffett's Berkshire Hathaway Inc., once the biggest holder of Wells Fargo & Co. common stock, slashed its investment by more than 40% as the San Francisco-based lender copes with the aftermath of consumer-abuse scandals.

    Berkshire sold more than 100 million shares, trimming its stake in Wells Fargo common stock to about 3.3%, according to a regulatory filing Friday. A Wells Fargo spokesperson declined to comment.

    Berkshire, a long-time investor in the lender, has been trimming its bet in recent months, down to a stake valued at $3.4 billion based on Friday's closing price. Wells Fargo is grappling with lingering fallout from its sales scandals plus the effects of the pandemic and related shutdowns across the U.S. That's led to a share slump this year of more than 50%.

    submitted by /u/coolcomfort123
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    Tesla not included in S&P 500

    Posted: 04 Sep 2020 03:27 PM PDT

    https://www.nytimes.com/reuters/2020/09/04/business/04reuters-tesla-index.html

    Things are not looking good for the wildly overpriced company lately. They're down another 6.6% in after market trading since the news. They will need to announce something revolutionary on battery day to maintain their current price range.

    submitted by /u/Blackops_21
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    Finding Myself Nostalgic for 1999. Gonna Bring Up Some Blasts From the Past

    Posted: 04 Sep 2020 12:26 PM PDT

    I loved the "dot com" boom/bust. There were so many good stories to come out of it and so few people really seem to remember it. I'm going to post a few of my favorites over the next few days and I hope someone out there finds them interesting.

    Here's a quick blurb on Lernout & Hauspie - worth close to $10B at one time.

    And here's another one about Cisco (there are tons about Cisco from that period, of course) - worth $569B in 2000.

    There are plenty of stories to choose from. Maybe some other folks have some favorites. Commerce One? Ariba, anyone?

    submitted by /u/brintoul
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    Excercising Robinhood Options

    Posted: 04 Sep 2020 03:30 PM PDT

    Im trying to learn about options. Can someone please explain why people say not to excercise an option, but to sell the contract? Would that profit for both be similar? Lets say I buy a Call for $425 TSLA 1/15/2021. Its now 1/7/2021 and TSLA has gone up to $800. If I choose to "excercise it" then sell it, is that fine if I have the funds? Or is it better to sell the contract, and will that profit value be similar if I were to exercise it?

    Also I saw something stating the contract writer can do something to end a contract early, is that true with robinhood? Shit gets so confusing.

    submitted by /u/PressBoy820
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    What’s gonna happen next week?

    Posted: 04 Sep 2020 03:12 PM PDT

    Well, many people racked up yesterday and today with the dip. I stayed out anticipating that this bear run will continue on to next week. My reasoning being : 1. Spike in Covid cases over the weekend 2. Social unrest due to another police brutality case. 3. Overall market is operating in a bubble and it needs a significant correction to come back to reality. 4. Incumbent govt. and feds making sure to keep the market stable until election. Any thoughts? I am not a pundit, but would love to listen to others what they think.

    submitted by /u/manas1786
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    SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally

    Posted: 04 Sep 2020 07:34 AM PDT

    https://www.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2

    They were also the creators of WeWork and many others...

    submitted by /u/daddieVader
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    Swing trading with less then 25k

    Posted: 04 Sep 2020 08:17 PM PDT

    I am a small swing trader currently only 18 learning the ropes and am wondering if I enter a position say August 10th with 100 shares, and on August 22nd my position goes up 15% but I believe it will go up more, so I sell 50 shares to take some profit. Later that day it goes up to 20% I sell 25 shares, and finally it goes up to 25% in the same day and I sell the remaining 25 shares.

    Would that be my three trades for the week(by the way just random dates about two weeks apart) or would that count as one trade.

    submitted by /u/Jackk2124
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    Developing a basic call option strategy and would appreciate feedback

    Posted: 04 Sep 2020 06:32 PM PDT

    Heres my process

    • go to yahoo earnings calander and look at the next 1-4 weeks

    -find a company I recognize and have a general understanding of

    -look at recent EPS and expected eps. If their expected looks like a good jump up, continue. If not keep moving.

    -take into account overall market and any hype on the stock. If it looks mostly positive continue. If it looks neutral, continue with caution

    -look at greeks&IV along with stock trends over the past 3 months & 1 year. If all looks decent proceed to purchase a call.

    -purchase a call option in my price range with the lowest vega and closest to current market price possible that extends beyond earnings date.

    -sell call option between no less than 3 hours before EPS release, night before, or if x% profit has been achieved at any given point

    Anyone have any other things to watch for? Steps to add/remove? Any general advice is appreciated

    submitted by /u/IH8KICKFLIPS
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    Question

    Posted: 04 Sep 2020 05:58 PM PDT

    I'm looking for the ticket to entertainment industries like Crunchyroll. I've been googling and googling, and can't find it does anyone know that Crunchyroll's stock ticket is?

    submitted by /u/T33nB3AR
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    Hotels

    Posted: 04 Sep 2020 05:07 PM PDT

    I'm fairly new to investing so bear with me. Hotels stocks have rebounded slightly from the pandemic however are still quite low and undervalued in my mind. But let's say they rebound to there normal price in 2024. That would be some real money and a good investment. As long as they don't go bankrupt it seems almost like free money??? Any thoughts of particular companies or if it's worth it?

    submitted by /u/DetectiveMobile
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    Plasma stock play - ADMA hype play

    Posted: 04 Sep 2020 04:41 PM PDT

    So I've been charting ADMA for the last two weeks and this last week I watched all the retail paper hands get scooped up now today 09/04 it had a rebound from 2.045$ closing at 2.24$ I took up a small position @8k shares after seeing it also has a 21% short interest, my idea is a rebound play into the end of September/mid October. While watching the daily trading I also noticed some major MM with huge buy walls moving support buys etc so am I crazy to think this is being set up to go semi parabolic I'm also taking into account the Upcoming Investor Conferences CEO/Founder Adam Grossman is supposed to be attending which are the H.C. Wainwright Annual Global Investment Conference on Monday, September 14 - 2020 Cantor Virtual Global Healthcare Conference on Thursday, September 17, and last is the Oppenheimer Fall Healthcare Life Sciences & Medtech Summit on Tuesday, September 22,

    Anyways thanks for you time and please constructive criticism to my hypothesis!

    submitted by /u/Upside-down-tree
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    is TDA a scam?

    Posted: 04 Sep 2020 08:09 AM PDT

    Obviously think or swim is a great platform. But I feel like its literally scamming me. Let me explain. You go to place an order, and it has the lock/unlock button. Doesn't matter if you lock it, its designed for you to send a limit order based on the current market price. Here's where you get screwed. The thing is so laggy that by the time they receive your order, at least 10 seconds has gone by. So your order is either ripe for a crap fill, or doesn't get filled. I can't tell you how many times a the market is moving and I can't get filled because of lag. You can do a market order type, but who knows what you will get filled at..... am I wrong here? it seems like they would make millions off of this every day by getting limit orders that are either in the money or out of the money and rarely at the money.

    submitted by /u/stilloriginal
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    Buying Cruise stocks - I don't get it.

    Posted: 04 Sep 2020 12:38 AM PDT

    Are people buying these as a trade or as a long term investment?

    The way I see it, a vaccine when it comes will be likely to be less than 70% effective. It won't be available to everyone for months. When it is maybe only half the population will want to take it.

    So...in the hope everything is getting back to normal people start to go on cruises, but maybe as many as 7 out of 10 people will still not have immunity to the virus. People will be sharing a relatively small space with hundreds of other people for a week or more. It only takes a couple of people to have covid for it to spread like wildfire.

    Some may say, just test before people board. But tests aren't 100% accurate. People can develop symptoms a couple of days after boarding. Some people will be asymptomatic.

    It will only take one instants of a wide spread infection on a ship to hit the news for cruises to be off people's agenda once again, and as I understand it they need to be at 80%+ capacity to make money.

    I think they are dead long term. Am I being overly pessimistic?

    If someone want's to play devil's advocate..

    submitted by /u/MrDopple68
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    Am I too exposed being this tech-heavy?

    Posted: 04 Sep 2020 05:45 AM PDT

    A 20-something dude here hoping to avoid his future being torn apart by his country's messy economy. I'm getting into the American stock market, DeFi and trying to invest using a global perspective. I decided to invest 1/4 of my monthly income with a buy & hold strategy. The ideia is to sustain growth for like 15 years, and then start to slowly change the portfolio to a more dividend-focused one. Maybe you guys could put some thoughts on this initial distribution, please? Am I too exposed being this tech-heavy?

    • 40% Stocks (evenly distributed): AMZN, CHWY, NKE, WMT, BABA, AAPL, NVDA, AMD, TSLA
    • 20% ETFs (evenly distributed): ARKF, ARKK, ARKG
    • 10% Crypto: 60% BTC, 40% ETH
    • 30% REITs, still doing some research.

    I'm also considering to reallocate tech investments into ETFs, keep the consumer/e-commerce individual stocks and make it 30/30.

    submitted by /u/marcinhoperalta
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    We're looking for pre-seed investors for our tech startup.

    Posted: 04 Sep 2020 04:41 PM PDT

    Name: MindSupply

    What is it? MindSupply is a mindfulness mobile app that brings together music, meditation, artworks, and poetry. Your virtual wellness retreat — anytime, any day, anywhere.

     App Store Link: https://apps.apple.com/us/app/mindsupply/id1525657060

    Commercial Video: https://youtu.be/hBF8mySFtvQ

    Website: https://mindsupply.io

    Location: St. Louis, Missouri, USA (Remote Team)

    Status:

    • We've already established 3 partnerships:
      • Rev. Bibiladeniye Mahanama Thero, renowned Sri Lankan composer, spiritual music producer, and Theravada Buddhist Monk with 20+ years of experience, crafted the exclusive music and meditation content for MindSupply.
      • Rhymer's Block, a top-ranked music app, provides exclusive poetry content for MindSupply, covering a variety of topics.
      • Art Lovers Australia, one of the largest online art galleries in Australia, provides the beautiful exclusive curated artworks for MindSupply, including limited edition works.
    • We recently launched in the iOS App Store and have users in several countries worldwide.

    Looking For: Pre-Seed Investment. More Early Adopters & Beta Testers.

    The best of all? MindSupply is FREE for a limited time! :)

    submitted by /u/mindsupplyapp
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    Online resources to begin understanding stocks?

    Posted: 04 Sep 2020 10:31 AM PDT

    Hey so I've graduated from college and have been working full time for about a year. I have a bit of financial responsibility for family but also have plans to go back to school, so I want to start earning money in stocks / set myself up so that we have some extra $$ always. Looking for both short term and long term investments.

    However I'm not sure where to start when it comes to stocks. I probably know basic ideas, but have no idea how to smartly invest, or certain workflows to investing, or how to research stocks to invest.

    Wondering if anyone has a recommended online (or other) resource for getting started and also for more deeply knowing how to invest?

    Personally, I think I'll just be starting with $1k or $2k to "play" around with. But I'm really interested in investing time to learn how to engage smartly so, please share advice and resources! It's a bit past that "corona" time when all the stocks were low but, now I have the extra cash to start so better late than never.

    submitted by /u/rocklee_pinay
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    What’s that website?

    Posted: 04 Sep 2020 09:19 AM PDT

    I'm looking for the website that shows you an overview of all the stock prices and they are all in boxes on the screen. I see it on insta a lot and it looks like a cool tool

    submitted by /u/Donny1223
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    Hemorrhaging Money / Portfolio Advice

    Posted: 04 Sep 2020 07:42 AM PDT

    I thought yesterday was the Black Friday sale so I went on a spree spent most of my money on buying new stocks. WELP sale is going at least another day now I'm almost down to my original investment money. I'm going long term so it doesn't matter too much. But I do feel a bit idiotic and wish I had stayed a bit cooler for another 24 hrs (couldn't though I'm in Korea and the stock market closes 5 am KST). I'm still waiting on AMD and TSLA to fall more tho!

    Anyways I'm 26 yo have around 35k in investing please give me some feedback. Style is long term. I am not going to sell anything here but add on as time goes by.

    Stock / ETF Percentage
    TLT 7%
    SPY 9.5%
    IAU 6%
    DBC 5%
    QQQ 9.5%
    GOOGL 9%
    INTC 5.75%
    MSFT 6%
    NVDA 12.5%
    XLV 6%
    MRNA 1.75%
    XLP 2.75%
    AMZN 9%
    XLF 6%
    DIS 3.75%
    submitted by /u/Fenrir0214
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