Stock Market - Wall Street Week Ahead for the trading week beginning September 28th, 2020

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• Wall Street Week Ahead for the trading week beginning September 28th, 2020
• I have a Marvel Stock certificate for 1 share of stock that I was given back in 1993. Is it worth anything?
• Target Hiring 130,000 Holiday Staff; Focus on In-Store Pickup
• Here is a Market Recap for today Friday, Sept 25, 2020. Enjoy!
• About 3,500 U.S. companies sue Trump over Chinese tariffs
• Short sellers are GOOD for the Market
• Top 5 Dividend Stocks to Buy Right Now?
• Must Watch - Stimulate your perspectives with Valuation in Four Lessons
• INTC Move Up Going Into Earnings?
• New to options, I have a question.
• Book value per share
• Slack as a growth stock
• hey atm is td bank worth it, or is it still falling?
• U.S. tells judge it opposes TikTok effort to halt app store ban
• Google gets their hands in the dirty sex business
• Watchlist: 9/25 Dead Cat Bounce, Low Float Craze

Wall Street Week Ahead for the trading week beginning September 28th, 2020 Posted: 25 Sep 2020 02:13 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 28th, 2020. Market volatility expected to continue in the week ahead with Presidential debate and jobs report - (Source) Stock market volatility, with sharp ups, downs and reversals, is likely to be the norm again in the week ahead, as investors await Friday's jobs report and watch headlines from Washington and the presidential debate. Expectations remain low for a stimulus package from Congress, but as economists downgrade their view of fourth quarter growth because of a lack of further federal virus aid, investors are again looking for some guidance from Washington. The election is likely to be a market focus in the week ahead, as the first presidential debate takes place between President Donald Trump and former vice president Joe Biden Tuesday night. Stocks were very volatile in the past week, but the S&P 500 was down less than 1% for the week by Friday afternoon. For the month of September, it is down about 6%. "We're really seeing now a typical September, but under the hood we're seeing what is potentially a rotation from the large tech stocks to a broader pool of stocks," said Don Townswick, director of equities strategy for Conning. He expects tech to remain a favorite after the shakeout, and the market tone could change in October if earnings results are good and company outlooks are positive. "I think that tends to turn things around," he said. Economists expect the much anticipated September employment report, the last before the election, to show a slower pace of job growth than in August. The consensus forecast is for 920,000 nonfarm payrolls, from 1.37 million in August, according to Refinitiv. The unemployment rate is expected to drop to 8.2% from 8.4%. JP Morgan economists said they expect job growth to continue, but they also said the lack of stimulus and aid to the unemployed could slow consumer spending. They reduced their forecast for fourth quarter GDP growth to 2.5% from 3.5% Thursday. Election watch Michael Schumacher, director of rate strategy at Wells Fargo, said the debate may have more potential to move the market than the jobs report. "Most people talk about these things and get all fired up and nothing happens, but this is such a weird year... This seems like the first big shot to see these guy in action. We think it's a big event," he said. Schumacher said if Trump is perceived to win, and his chances rise in prediction markets by several points, there could be a positive move in risk markets and the bond market could sell off, sending yields higher. Trump is perceived as better for stocks and the economy, and Biden is expected to push for higher taxes and more regulation, he said. "We think that pushes the 10-year yield up to 75 or 80 basis points," he said. The 10-year has been locked in a range below 0.70% and was at 0.65% Friday. "If Biden wins, then the debate is risk off. Then Trump's chances of winning probably go to 40%, maybe lower. Then the 10-year yield goes to 0.60%," he said. The market was also expected to be volatile in the coming week because of month-end and quarter-end rebalancing, but Schumacher said the stock market sell-off has taken some of the pressure off of the need to realign portfolios and he expects about $9 billion to move into bonds for rebalancing. Before the earnings period starts in the second week of October, the market is likely to continue to focus on what's worrying it. "What we have... is a lot of uncertainty related to the election, a lot of uncertainty related to stimulus," said Townswick. He does not expect the political back and forth over the appointment of a new Supreme Court justice, following the death of Justice Ruth Bader Ginsburg, to impact the markets. "But the stimulus and election, people can say that's going to directly relate to earnings," he said. Townswick said the sell-off so far is not unusual for September, historically the worst month of the year. Among S&P 500 companies, Townswick said 70% left their forecasts unchanged or revised them higher after second quarter earnings reports, while 30% reduced them. "If third quarter earnings come in relatively strong, then we could see more revisions upward and that would tend to support the market," he said. Many strategists expect the S&P 500 could decline all the way to its 200-day moving average which was 3,107 on Friday. The 200-day is a widely watched momentum indicator, based on the average of the closing prices in the last 200 sessions. If the index falls below it and stays there, it's viewed as negative for the market but it often acts as support. "I don't have a target, but I think if that does happen, I would say that is a normal pullback and I wouldn't expect it to break through and tank. I would say that might be supportive," Townswick said. The coming week is busy in terms of economic data. Besides the jobs report, there is ISM and PMI manufacturing data Thursday. Personal income and spending data is also released Thursday. But it is the employment data, the market is watching most closely. Luke Tilley, chief economist at Wilmington Trust, said the weekly jobless claims data is sending a positive signal for the jobs report, but not all data matches it. The number of unemployed who have come off of state and special pandemic benefits totaled 2 million over the period between mid August and mid September, when the government collected data for Friday's jobs report. Tilley said he will not be so much focused on the non farm payrolls as on the number of people who say their job loss is now permanent. That number rose by 534,000 last month, to a total of 3. million. It was at 1.2 million in February Initially when job losses mounted, many individuals expected their job loss was temporary. "The permanent job loss is an indication of an amount of permanent scarring that's going on in the economy," he said. "The permanent job loss as a share of unemployment has been more rapid than the previous recessions." This past week saw the following moves in the S&P: (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!) Major Indices for this past week: (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!) Major Futures Markets as of Friday's close: (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!) Economic Calendar for the Week Ahead: (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!) Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close: (CLICK HERE FOR THE CHART!) S&P Sectors for the Past Week: (CLICK HERE FOR THE CHART!) Major Indices Pullback/Correction Levels as of Friday's close: (CLICK HERE FOR THE CHART! Major Indices Rally Levels as of Friday's close: (CLICK HERE FOR THE CHART!) Most Anticipated Earnings Releases for this week: ([CLICK HERE FOR THE CHART!]()) (T.B.A. THIS WEEKEND.) Here are the upcoming IPO's for this week: (CLICK HERE FOR THE CHART!) Friday's Stock Analyst Upgrades & Downgrades: (CLICK HERE FOR THE CHART LINK #1!) (CLICK HERE FOR THE CHART LINK #2!) (CLICK HERE FOR THE CHART LINK #3!) September Bears Strike Again The September weakness continued with the S&P 500 Index 9.6% off the all-time high set on September 2 (as of 9/23/20). It is important to remember that after a 60% rally in the S&P 500—and much more in some of the large cap tech stocks—this type of seasonal weakness is normal and expected. We noted in our blog Historic August Opens Door To Worst Month Of The Year that some type of seasonal weakness could be in the cards. Speaking of seasonal weakness, the second half of September historically has been one of the worst periods of the year for stocks, as shown in our chart below. (CLICK HERE FOR THE CHART!) Another angle on this is showing how each day of the year does. Again, we are in the sweet spot for potential rocky seas. (CLICK HERE FOR THE CHART!) "To see some late-September weakness after a record 60% rally shouldn't be too surprising," explained LPL Financial Chief Market Strategist Ryan Detrick. "What might surprise some investors, though, is that after some of the previous best six-month rallies ever, in a lot of cases, the strength continued going out a year." As shown in the LPL Chart of the Day, the recent rally was one of the best six-month rallies ever for the S&P 500. Looking at all the previous rallies that gained at least 30%, returns are somewhat muted near term. But going out a full year, prices have typically moved higher, up seven out of eight times a year later. (CLICK HERE FOR THE CHART!) S&P 500 October Gains Frequently Precede Presidential Incumbent Party Victories An interesting aspect of election-year Octobers is the propensity for S&P 500 gains when the incumbent party ultimately retains the White House. Of the ten incumbent victories since 1944, the S&P 500 has advanced seven times, declined twice, and was unchanged in 1944 with an average October gain of 1.4%. Of the nine occurrences since 1944 when the incumbent was defeated, there were six S&P 500 declines and three advances in October. The average October decline when incumbents were defeated was 2.1%. Even excluding the S&P's 16.9% plunge in 2008, incumbent defeats were still preceded by an average October loss of 0.3%. (CLICK HERE FOR THE CHART!) "Low Energy" Energy US stocks are looking to close out the week on a positive note with the S&P 500 up over 1%. One sector that hasn't been participating in the rally, however, is Energy. While it just moved back into positive territory for the day, the sector remains at the back of the pack in terms of sector performance. If these levels hold for the remainder of the trading day, it will be the 69th time in the last 200 trading days that Energy has been the worst-performing sector. That works out to more than once every three trading days. Talk about a sector that's in liquidation mode! The chart below shows the rolling 200-day total number of days that Energy has been the worst-performing sector in the S&P 500. While the current level of 69 is extremely high, earlier this month the rolling 200-day total was even higher at 71. Over this same period of time, no other sector has even seen close to as many days of ranking at the bottom as Energy. The next closest is Utilities as it has been at the bottom of the pack in terms of performance on 36 of the last 200 trading days. It hasn't just been the last 200 trading days that have been rough for the Energy sector. Over the last five years, the sector has been the worst-performing sector on just over 23% of all trading days. Is this what it felt like for the horse and buggy companies in the early 1900s or the ice-harvesting companies after the invention of electric refrigeration? (CLICK HERE FOR THE CHART!) Election Anxiety Weighs on October Market Performance October often evokes fear on Wall Street as memories are stirred of crashes in 1929, 1987, the 554-point drop on October 27, 1997, back-to-back massacres in 1978 and 1979, Friday the 13th in 1989 and the 733-point drop on October 15, 2008. During the week ending October 10, 2008, Dow lost 1,874.19 points (18.2%), the worst weekly decline in our database going back to 1901, in percentage terms. March 2020 now holds the dubious honor of producing the worst, second and third worst DJIA weekly point declines. The term "Octoberphobia" has been used to describe the phenomenon of major market drops occurring during the month. Market calamities can become a self-fulfilling prophecy, so stay on the lookout and don't get whipsawed if it happens. But October has become a turnaround month—a "bear killer" if you will. Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%). However, eight were midterm bottoms. Over the last 21 years, October's performance has been solid. Average gains over the last 21-years range from 1.3% by Russell 1000 to 2.4% by NASDAQ. Small caps have still struggled though with Russell 2000 gaining a modest 0.5% (CLICK HERE FOR THE CHART!) Election-year Octobers rank dead last for Dow, S&P 500 (since 1952), NASDAQ (since 1972), Russell 1000, and Russell 2000 (since 1980). Eliminating gruesome 2008 from the calculation provides a moderate amount of relief, as rankings climb to mid pack. Should a meaningful decline materialize in October it is likely to be an excellent buying opportunity, especially for any depressed technology and small-cap shares. 5 Real-Time Data Charts To Track the Recovery We check in again today on some of the real-time economic data that LPL Research is monitoring to provide timely and valuable insights into the state of the US economy. Traditional economic data is often reported too slowly to pick up the changes that are occurring in response to the COVID-19 pandemic. The latest data on US COVID-19 cases has shown steady progress since peaking at the end of July. COVID-19 hospitalizations are at the lowest levels since the end of June and are close to the lows of mid-June. The number of positive COVID cases rose over the last week, and while the number of tests performed increased, the positive test rate also increased to near 6% (source: COVID Tracking Project). Further, Labor Day get-togethers may have created the recent bump in transmission, a trend we saw following other holidays over the summer. (CLICK HERE FOR THE CHART!) "Even as much of the real-time data shows a slowing recovery as Americans adjust to the new normal, it's encouraging that new COVID-19 cases and hospitalization rates have improved greatly since mid-summer," explained LPL Financial Chief Market Strategist Ryan Detrick. "Progress on a COVID-19 vaccine and fiscal stimulus could help the economy and markets in the fourth quarter, but as investors struggle with election uncertainty and US-China tensions remain elevated, it's likely to be a bumpy ride." Out of all the indicators we monitor, US retail sales had been showing one of the most robust recoveries toward the end of the summer as it exceeded 2019 levels on a year-over-year basis, but the most recent weekly readings from retailers on same-store sales recently slipped back lower than last year (source: Bloomberg, Johnson Redbook). It's not surprising that consumer confidence levels, as measured by the Bloomberg Weekly Consumer Comfort Index, also dipped on their last reading. (CLICK HERE FOR THE CHART!) Driving map routing requests by the Apple maps app exceeded pre-pandemic levels but have since leveled off and is now declining slightly. This real-time indicator steadily recovered from March and April lows as people returned to work or other economic activity, and it's been continuing at a higher than normal rate as Americans travel by car when they previously may have used public transit or air travel. Public transit usage, as measured by Moovit, is still at only 50% of its baseline level, as working from home has a huge effect on usage numbers in major metropolitan areas. (CLICK HERE FOR THE CHART!) Electricity demand is also showing a bumpy recovery. It had recovered, dipped, and then recovered, only to dip again since the start of September. Demand for electricity dropping again potentially indicates a slowdown in the rate at which businesses are reopening or softening demand for their goods and services. (CLICK HERE FOR THE CHART!) During the midst of the March lockdowns, the number of diners in US restaurants hit extreme lows of -100% compared to the same time last year. The last reading on this indicator was -45%, coming off a recent peak of -30% on September 7 (source: Opentable). Restaurant bookings could be under pressure as cooler weather makes outdoor dining less comfortable in parts of the country. (CLICK HERE FOR THE CHART!) As the seasons change from summer to fall, consumer behavior often changes, too, and the potential for heightened rates of viral transmission grows. We will continue to monitor key high-frequency data and provide updates for clues about the path of the economic recovery as we continue to battle the outbreak of COVID-19 across the globe. STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 25th, 2020 (CLICK HERE FOR THE YOUTUBE VIDEO!) STOCK MARKET VIDEO: ShadowTrader Video Weekly 9.27.20 ([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!) 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 9.28.20 Before Market Open: (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Monday 9.28.20 After Market Close: (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Tuesday 9.29.20 Before Market Open: (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Tuesday 9.29.20 After Market Close: (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 9.30.20 Before Market Open: (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 9.30.20 After Market Close: (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Thursday 10.1.20 Before Market Open: (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Thursday 10.1.20 After Market Close: ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]()) NONE. Friday 10.2.20 Before Market Open: ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]()) (NONE.) Friday 10.2.20 After Market Close: ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]()) (NONE.) (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.) (CLICK HERE FOR THE CHART!) DISCUSS! What are you all watching for in this upcoming trading week? I hope you all have a wonderful weekend and a great trading week ahead r/StockMarket. submitted by /u/bigbear0083 [link] [comments]

I have a Marvel Stock certificate for 1 share of stock that I was given back in 1993. Is it worth anything? Posted: 25 Sep 2020 04:22 PM PDT Here's a pic of it... https://i.imgur.com/6jHszXS.jpg I remember getting a notice that the 1 share split into 2 many years ago. Since then I've moved quite a bit and the address that's listed on the cert is waay old, so I never received any other official notices about the bankruptcy or notices about Disney's acquisition, etc. Candidly I have no idea about anything stock related, so for all I know this certificate is nothing more than fancy wall art at this point. Any ideas? submitted by /u/Rustafo [link] [comments]

Target Hiring 130,000 Holiday Staff; Focus on In-Store Pickup Posted: 25 Sep 2020 07:04 AM PDT https://www.thestreet.com/investing/target-to-hire-130000-holiday-workers-focus-on-instore-pickup The Minneapolis retail giant will hire 130,000 workers for the holiday season. A majority of them will manage in-store pickups for online orders and same-day curbside deliveries. "Certain trends from earlier this year will continue during the holiday season. We continue to see the guests gravitate towards the ease and convenience and contact-free ways to shop through our digital channels," Cornell explained. Due to coronavirus lockdowns, the company reported 10 million new customers among online sales through its website in the first half of the year. submitted by /u/coolcomfort123 [link] [comments]

Here is a Market Recap for today Friday, Sept 25, 2020. Enjoy! Posted: 25 Sep 2020 01:06 PM PDT PsychoMarket Recap - Friday, September 25, 2020 Stocks were higher today, with the major benchmarks finishing the day an average of 1.5% up. This unexpected rally comes amid a surge of coronavirus cases in the United States and Europe and concerns that more fiscal stimulus will not be passed. The SPY finished After a steady decline from summer peaks through the beginning of September, new COVID-19 cases appear to be on the rise again in the United States. According to data from the New York Times, there have been 41,822 new cases per day in the country over the past week, a 14% increase from the previous 2 weeks. Among the states seeing the largest increases in new cases over the past 14 days are Wisconsin, North Dakota, and South Dakota. In recent weeks, Europe has struggled to contain a surge in the number of coronavirus cases, with many countries reporting a record number of infections. In France 16,069 new case of Covid-19 were reported, a record for the country. The U.K., which recently announced plans to lockdown once again, reported a record 6,634. These numbers are worse than in March, at the beginning of the pandemic. In response to the increasingly precarious situation, European leaders decried the failure of countries to work together to collectively defeat the virus and told the U.N. General Assembly today that ``the time has come for countries to reinvent international cooperation." Throughout the pandemic, European nations have fought internally about access to equipment and vaccines, erected barriers among neighbors to keep out virus infections, and struggled to agree on collective solutions to fight COVID. Today's rally in the stock market reflects the heightened volatility equities have experienced this month, as concerns over the presidential elections, a surge in coronavirus cases, the slowing pace of economic recovery, and the lack of fiscal stimulus pile up. House Democrats are reportedly working on a $2.4 trillion stimulus plan, which would be down from the more than $3 trillion they originally pursued, but a sum still well above the closer to $1 trillion proposal Senate Republicans had suggested they might accept. For their part, monetary officials like Powell and Mnuchin have urged time and again for Congress to pass additional fiscal relief, though the window of opportunity continues to shrink as the November election looms. Eric Rosengren, the President of the Federal Reserve Bank of Boston, told Yahoo Finance that while the central bank could increase asset purchases to try and support the economy, he was not sure it would be "nearly as supportive, for example, as fiscal policy." Taken together, the myriad concerns manifested themselves in a surge in volatility this month, with stocks changing direction from one day to the next and even intraday. Matt Orton, Director and Portfolio Manager at Carillon Tower Advisers said, "We've shot up really, really far. We've just [gone] through a little bit of a corrective process, taking out some of the froth from the really high-flying performers in the information technology space. And right now with an absence of many catalysts as we head into earnings season, we're likely going to continue to move sideways." Highlights Costco (COST) shares opened lower Friday despite reporting better-than-expected. The stock finished the day. The stock finished the day 1.27% down EPS of $3.13 vs. $2.85 estimate Revenue of $53.38B v $52.5B estimate Costco (COST) also had target raised by: Telsey Advisory Group $390 OUTPERFORM Deutsche Bank $305 HOLD Raymond James $365 OUTPERFORM BMO CApital MArkets $360 OUTPERFORM Morgan Stanley $360 OVERWEIGHT Carnival (CCL) upgraded by Barclays from equal weight to OVERWEIGHT and raised the price target from $18 to $31. Stock finished the day 9.61% Royal Caribbean (RCL) was upgraded by Barclays EQUAL WEIGHT to OVERWEIGHT $68 price target. Stock finished the day 7.72% up Norwegian Cruise Lines (NCLH) was pup almost 13% for the day Darden Restaurants (DRI) had target raised by. Stock finished 0.11% down Keycorp, Deutsche Bank (DB), Credit Suisse, Raymond James, BTIG Research, Morgan Stanley (MS), JPMorgan (JPM), MKM Partners, BMO Capital Markets and Piper Sandler. most of them over the $105 mark BULLISH eHealth (EHTH) coverage initiated by Goldman Sachs (GS) at $101 BUY. Stock is up almost 7% for the day Baidu (BIDU) had its target raised by Key Corp from $155 to $177 at OVERWEIGHT. Stock is currently $123.47, finished the day 0.02% up. Caesars Entertainment (CZR) had target raised by JPMorgan (JPM) from $55 to $63 OVERWEIGHT. Stock is currently $57.22 and climbed 8.25% DraftKings (DKNG) initiated by Argus at $65 buy. Stock is currently $53.40, up 5.58% on the day. Facebook (FB) said Apple (AAPL) approved a request to give businesses a temporary reprieve from paying a 30% commission on paid online event. FB stock was up 2.12% up, AAPL 3.75% up. A judge is expected to decide by Sunday whether to allow a ban on TikTok from Apple Inc and Alphabet Inc Google app stores after a last-minute filing by the Department of Justice in support of the move. General Mills (GIS) was upgraded by Robert Moskow from Neutral to OUTPERFORM, PT raised to $67. Stock currently $59.67 and climbed 1.66% today. submitted by /u/psychotrader00 [link] [comments]

About 3,500 U.S. companies sue Trump over Chinese tariffs Posted: 25 Sep 2020 01:59 PM PDT Some 3,500 U.S. Companies Sue Over Trump-Imposed Chinese Tariffs SPY, SPX, HD, WBA, TGT, F, TSLA About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp, Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than $300 billion in Chinese-made goods. The suits, filed in the U.S. Court of International Trade, named U.S. Trade Representative Robert Lighthizer and the Customs and Border Protection agency and challenge what they call the unlawful escalation of the U.S. trade war with China through the imposition of a third and fourth round of tariffs. The legal challenges from a wide variety of companies argue the Trump administration failed to impose tariffs within a required 12-month period and did not comply with administrative procedures. The companies challenge the administration's "unbounded and unlimited trade war impacting billions of dollars in goods imported from the People's Republic of China by importers in the United States," according to a suit filed by auto parts manufacturer Dana Corp. The suits challenge tariffs in two separate groups known as List 3 and List 4A." List 3 includes 25% tariffs on about $200 billion in imports, while List 4A included 7.5% tariffs on $120 billion in goods. One suit argues the administration cannot expand tariffs to other Chinese imports "for reasons untethered to the unfair intellectual property policies and practices it originally investigated." Companies filing suit include heavy truck manufacturer Volvo Group North America, U.S. auto parts retailer Pep Boys, clothing company Ralph Lauren, Sysco Corp, guitar manufacturer Gibson Brands, Lenovo's U.S. unit, Dole Packaged Foods, a unit of Itochu Corp and golf equipment manufacturer Callaway Golf Co. Home Depot's suit noted it faces tariffs on bamboo flooring, cordless drills and many other Chinese-made products. Walgreen, a unit of the Walgreen Boots Alliance, said it is paying higher tariffs on products like "seasonal novelties; party, first aid, and office supplies; and household essentials." Lighthizer's office did not immediately respond to requests for comment. On Sept. 15, the World Trade Organization found the United States breached global trading rules by imposing multibillion-dollar tariffs in Trump's trade war with China. The Trump administration says tariffs on Chinese goods were justified because China was stealing intellectual property and forcing U.S. companies to transfer technology for access to China's markets. https://www.usnews.com/news/top-news/articles/2020-09-25/some-3-500-us-companies-sue-over-trump-imposed-chinese-tariffs submitted by /u/BuzzLima [link] [comments]

Short sellers are GOOD for the Market Posted: 25 Sep 2020 05:54 PM PDT Shortsellers are going after our favorite stocks to profit therefore we should despise them right? But are they all really bad? Don't just read articles and blog posts that confirm your view about a company. Right now a lot of $TSLA & $NKLA shareholders are mad about shortsellers going after their stock but in fact you should embrace it. Shortsellers do research that you could never do on your own. In fact I would love it if someone would give me a 50 page report on everything thats wrong with any of my holdings. I know whats right about all the companies I own. What I want to know are the flaws, the accounting issues ( if there are any ) etc. With Luckin Coffee Muddy Waters Research bought thousands of cups of coffee from different branches and kept an eye on the customers. Thats invaluable research and in the end they were right that the numbers don't match up. They probably saved a lot of Luckin Coffee Shareholders from bigger losses ( those who read the report). And of course short sellers should get compensated for this work. There have to be incentives to do this kind of work. Else nobody would do it. Don't count on auditors which are incentivized to look the other way and keep a paying client.When you're an analyst you can just say you think revenue will go up but you don't need to back it up. Thats it. But when you accuse someone of fraud then you better have a lot of evidence to support this view. Short sellers face potential losses & lawsuit. If they are wrong they lose a lot. Thats why they work hard and only release reports when they have enough to back up their claim. Also what do Companies like Nikola have to worry about ? If everything is fine then the Hindenburg report will turn out false and they continue to enjoy a rising share price. But what if the report is right? If you are a Nikola shareholder then you should pay attention to it. Read it and work this into your thesis for owning the stock. Is it worth the risk? Maybe limit your exposure.But don't ridicule the people that release those reports. There is a lot of hard work & money behind it. Short sellers don't do this for the fun of it. And if they are right they should be compensated for their work. I would actually say that many short sellers work much harder on research than a long analyst. After all they have to be right to make money. If they're wrong they won't be able to enjoy market returns. They would literally get wiped out. source : https://welovevalue.com/short-sellers-are-good-for-the-market/ submitted by /u/FloydMCD [link] [comments]

Top 5 Dividend Stocks to Buy Right Now? Posted: 25 Sep 2020 08:00 AM PDT What are your top 5 stocks to buy right now? For me (1) Realty Income (O) - It's down and the monthly dividends keep on increasing (2) AT&T (T) - Way down and totally worth it (3) Aflac (AFL) - Way down and will make a serious comeback (4) Rhyman Hospitality Properties (RHP) - It its a REIT that has the word " hospitality." Of course it's down because of the pandemic. There's a huge opportunity for a strong rebound. (5) Coca Cola (KO) - Increasing the dividneds over time and less than it's rival Pepsi (PEP). ​ -Darth Dividend on Youtube. submitted by /u/DarthDividend_Ytube [link] [comments]

Must Watch - Stimulate your perspectives with Valuation in Four Lessons Posted: 25 Sep 2020 07:36 PM PDT An hour long and you won't lose interest for a second. Well-put and simple principles for company valuations for any level. https://www.youtube.com/watch?v=Z5chrxMuBoo&list=WL&index=1&ab_channel=TalksatGoogle submitted by /u/dozermanblues [link] [comments]

INTC Move Up Going Into Earnings? Posted: 25 Sep 2020 01:20 PM PDT A few tech stocks have beat estimates just recently. Intel beat estimates last time. How is it looking for Intel's upcoming earnings? Seems that if tech is beating earnings Intel should follow that trend. Dell beat estimates and they use Intel products. Am I missing anything? submitted by /u/HustleTrade [link] [comments]

New to options, I have a question. Posted: 25 Sep 2020 12:14 PM PDT So looking at a highly volatile stock (NKLA). I notice that buying a call has a max loss of $73 and unlimited gain, and buying a put has a max loss of like $160 and potential to make $1400 ish. Is it dumb to buy both a put and a call? It seems if the stock explodes it can cover the put, and vice versa. Am I missing something? submitted by /u/ClimbAndMaintain0116 [link] [comments]

Book value per share Posted: 25 Sep 2020 08:53 AM PDT BV/PS So I've been looking at some stocks and I found a couple of banking stocks that have very high book value per share when compared to their low stock price at the moment. I know bank stocks are extremely risky at the moment but wouldn't a bank with a book value per share of say $50 that is currently trading for $20 a share be a good long term play? I say this bc let's say worst case scenario this bank goes bankrupt it would be able to liquidate all of its assets and still generate $50 per share to its investors. Not sure if that's how it works so I would appreciate some clarification regarding this. Thanks everyone 🙏🏻 submitted by /u/david-vongeance [link] [comments]

Slack as a growth stock Posted: 25 Sep 2020 02:11 PM PDT Sack is a company that has benefited from the change from office to working at home. From the Q2 of Slack "Paid Customer growth — which is the single most important driver of the business over the long term — accelerated in Q2, up 30% year-over-year," said Stewart Butterfield, Chief Executive Officer and Co-Founder at Slack. The total revenue for q2 was Total revenue was $215.9 million a 49 % YOY. In 2021 they are expeditor to make $870 million to $876 million in total revenue. Their net loss for July 2020 was around 61 million for the first 6 months of the year. I expect them to turn a profit next year in Q3 or Q4 based on this growth. Slacks opposition is Facebook and Microsoft. I expect as more and more people work from home more people will use slack as it is superior to Microsoft teams and Facebook messenger. According to the analysts at Yahoo Finance slack will grow between 28% and 38% percent per year. Slack also has a great future based on the fact that the internet continuing to grow and more people using internet communication as many tof things are linked together on a simple and a great product(Slack). Slack is number 10 of ARKK portfolios with a 2.92% of ARKK. If ARKK invests in Slack then they must see something that will disrupt and continue to grow very much. submitted by /u/watercat55 [link] [comments]

hey atm is td bank worth it, or is it still falling? Posted: 25 Sep 2020 10:14 AM PDT atm i did the intinsic value. and stuff, and it seems pretty good, cus the company i want to invest in is TD bank, and the in trinsic value is lower the the current value of the stock atm. and i have been with td bank personally for years, and they been around for extreamly long time, thus and the 180 perdictors and stuff on yahoo say that the stock is still going to drop, it appear, but atm, its seems to bee stablelizing, ​ now if the goverment locks the country up, then that provides better oportunity to buy the stocks at that time,. but that is a gamble, and i dont like to wait for wish full thinking. i like RBC but im with td bank , and ik somethings about them already. . as in said in the book , one up on wall street, " doctors buy oils" wich is stupied,best place is right in your own back yard. ​ its 60$ ashare. at this time, feels too a tad too priceing . i could buy 1 share at this time, and the another the next and cost avarage it out little buy little. submitted by /u/zealashton [link] [comments]

U.S. tells judge it opposes TikTok effort to halt app store ban Posted: 25 Sep 2020 11:51 AM PDT WASHINGTON (Reuters) - The U.S. Justice Department said Friday it will oppose a request from TikTok to delay an ban on U.S. app stores Apple Inc and Alphabet Inc Google set for late Sunday. ​ The government faced a 2:30 p.m. Friday deadline to either delay the ban or oppose TikTok's preliminary injunction. The Justice Department asked permission to file their objection under seal because it includes submissions TikTok's Chinese owner ByteDance made that include confidential business information. ​ ByteDance has said it has made a preliminary deal for Walmart Inc and Oracle Corp to take stakes in the short video sharing app, but the exact terms of the agreement remain unclear. ​ ADVERTISEMENT ​ ​ ​ Judge Carl Nichols in Washington is expected to rule before Sunday on TikTok's request. The Commerce Department on Sunday gave the companies an additional week to finalize a deal before an order banning TikTok from U.S. app stores takes effect. ​ On Sunday, a judge in California issued an preliminary injunction that blocked a similar order from taking effect on Tencent Holdings' WeChat app. The Justice Department early Friday asked the judge to allow the ban to take effect pending appeal. ​ On Saturday, ByteDance, Walmart and Oracle said they reached an agreement that would to allow TikTok to continue to operate in the United States after President Donald Trump said he had blessed the deal. ​ ADVERTISEMENT ​ ​ U.S. officials have expressed serious concerns that the personal data of as many as 100 million Americans who use the app was being passed on to China's Communist Party government. ​ ByteDance has said its deal with Oracle and Walmart will see the creation of a standalone U.S. company and does not involve any transfer of technology, though Oracle will be able to inspect TikTok U.S. source code. It has also said the deal needs approval from both China and the United States. ​ https://www.reuters.com/article/us-usa-tiktok-ban/u-s-tells-judge-it-opposes-tiktok-effort-to-halt-app-store-ban-idUSKCN26G2UW submitted by /u/BuzzLima [link] [comments]

Google gets their hands in the dirty sex business Posted: 25 Sep 2020 10:39 AM PDT Alphabet announces changes to workplace policies and practices 12:39 GOOGL GOOG In late 2018, Alphabet's board responded to employee concerns by overseeing a review of policies and practices related to sexual harassment, sexual misconduct, and retaliation, the company said in a blog post. An independent committee of the board also reviewed claims raised by shareholders in early 2019 about past workplace misconduct issues. "Today we're committing to five guiding principles and a list of detailed changes to our workplace policies and practices agreed to by the committee. These principles and improvements incorporate input from both employees and shareholders," it said. "If there are allegations against any executives, a specialist team will be assigned and the results of any case will be reported to the Board's Audit Committee...We'll ensure that $310 million in funding goes toward diversity, equity and inclusion initiatives and programs focused on increasing access to computer science education and careers; continuing to build a more representative workforce; fostering a respectful, equitable and inclusive workplace culture; and helping businesses from underrepresented groups to succeed in the digital economy and tech industry," according to Alphabet. The changes are part of a settlement Alphabet has reached on a shareholder lawsuit that accused the board of allegedly mishandling sexual misconduct by its executives, Jennifer Elias of CNBC reports. https://blog.google/inside-google/company-announcements/building-our-workplace-commitments/ submitted by /u/BuzzLima [link] [comments]

Watchlist: 9/25 Dead Cat Bounce, Low Float Craze Posted: 25 Sep 2020 03:58 AM PDT Market Notes: The market closed higher yesterday after a choppy session. The downtrend is still intact. Yesterday appeared to be an insignificant bounce. Futures are point to a lower open this morning. There are several low floats in play this morning as the green energy craze is heating up. Watchlist: PPSI is a low float, key level $2.50 TATT is a low float, support at $6 KLDO is a low float, resistance at $9 OPTT is a low float, resistance at $1.80 CBAT is a low float, on watch PACB key level at $8.85 BBBY has resistance at $14.25 submitted by /u/tradingforkeeps [link] [comments]

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