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    Friday, September 4, 2020

    Stocks - "Down day/selloff/panic/don't panic/what are you buying" megathread

    Stocks - "Down day/selloff/panic/don't panic/what are you buying" megathread


    "Down day/selloff/panic/don't panic/what are you buying" megathread

    Posted: 04 Sep 2020 06:10 AM PDT

    Please post anything related to the down day/selloff here.

    We have literally dozens of people asking the same questions over and over, we don't need posts for simple questions.

    Please continue to use the stickied threads for daily discussion.

    My thumbs are getting sore from deleting comments. I swear to God I'm going to pistol whip the next guy to say Shenanigans.

    submitted by /u/ScottyStellar
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    Bill Gates is too right too often. How do we prepare for enviromental crisis?

    Posted: 04 Sep 2020 02:22 AM PDT

    Long term investor speaking.

    5 years ago in a famous today TED Talk he predicted that we will suffer a world-wide pandemic. Right now he sits while smiling at camera and telling the broad audience that in the next 10 years we will suffer an enviromental crisis. My question is how are you buckling up for that?

    Tech stocks are one thing, large companies like Apple are trying to reduce their carbon footprint, TESLA is another good stake future wise.

    Do we invest into biotech, solar tech or companies like impossible meat? I don't want to sit with my hand in the toilet becase I bought OIL stocks instead of that one small company that tried to turn leafs into drinkable water.

    Cheers

    submitted by /u/RandomPersonJKGITGUD
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    Intel: Recent Struggles Create Attractive Long-Term Buying Opportunity

    Posted: 04 Sep 2020 09:42 AM PDT

    Back in July, Barron's ran a story profiling the rise of Nvidia (NVDA) as the company moved past Intel (INTC) in market cap to become the most valuable US semiconductor company. The article cited Nvidia's favorable exposure to data center, gaming, and AI as major reasons why the company overtook top spot from Intel. Only two months later, Nvidia is now worth $107bn more than Intel. In other words, Nvidia is worth more than an AMD more than its Santa Clara rival. Around the same time, AMD (AMD) also began to see significant out-performance relative to Intel shares. With continued momentum in the PC market on the back of its Ryzen processors and increased success in data center with the EPYC product line, AMD has risen 57% since the start of July. Over that period, Intel declined 15%.

    In contrast to Nvidia and AMD, Intel is disproportionately associated with the PC. Yet even within the PC market, analyst commentary has been overwhelmingly positive on AMD whereas doubts have surfaced over Intel's ability to innovate and remain competitive. In the span of a week at the end of July, Intel announced a major delay with its 7nm chips and AMD beat Q2 earnings, raised guidance, and hit its highest PC market share since 2013. However, the focus on Intel as a struggling PC player has wrongly overlooked several important developments that set the company up for a near-term rebound in PC and long-term revenue opportunities in the same higher growth end markets that have fueled premium valuations for both Nvidia and AMD.

    1. Release of Tiger Lake processor, expanded efforts in graphics via Xe architecture, and development of discrete GPUs for data center and desktop
    2. Continued momentum in company shift to data-centric business first and PC business second
    3. Expanded Total Addressable Market (TAM) associated with edge computing and edge-enabled technologies
    4. Competitive positioning in autonomous vehicle technology

    Intel is currently priced for stagnant to declining revenues, further market share erosion, and lower relative probability of success compared to Nvidia and AMD. Given recent product releases and refreshes, as well as a strong strategic vision to increase share in these higher growth end markets, Intel revenue is more likely to accelerate and lead to significant multiple expansion in the coming years.

    • Assigning Intel CY23 PT of $125 per share
    • FY23 revenue projected at $100bn
    • FY23 net income projected at $34bn delivering 7.55 in EPS
    • Applying 16.55x P/E and 4.55 P/S

    For an in-depth and comprehensive breakdown on Intel's competitive positioning, see below:

    Tiger Lake and Renewed PC Innovation

    Yesterday Intel finally revealed the highly anticipated Tiger Lake 11th generation processors for ultra-thin high-performance laptops. Industry reporting in previous months had speculated that the new system-on-chip (SoC – incorporates different components like graphics and AI into one integrated unit) would offer CPU performance advances and improvements in graphics and AI. Intel even leaked some specs on Monday that seemed to confirm some of the performance metrics. Although independent industry studies are required to run Tiger Lake through its full paces, the event demonstrated that not only can Intel still innovate, it is more than premature to start counting the company out on PCs.

    Tiger Lake clocks up to 20% higher frequencies compared to the 10th generation Ice Lake family and can reach a single core turbo of 4.8 GHz. During the presentation, Intel noted that the integrated Iris Xe graphics perform better than 90% of PCs sold last year, on-board AI is up to 5x more effective, and WiFi connectivity is up to 3x faster. In a like-for-like comparison to AMD, Tiger Lake enabled 4x faster photo upscaling, 2x faster video processing and exporting via Adobe Pro, and 20% faster performance in both Microsoft Word and PowerPoint. For gaming, Intel conducted side-by-side tests using Gears Tactics. Laptops running AMD 4800U with integrated graphics and a Nvidia MX350 discrete graphics card (with Intel 10th Gen i7) performed worse than Tiger Lake. Intel's test showed that Tiger Lake handled the game at up to 66% higher frames per second versus the AMD and Nvidia-powered laptops.

    Barring significant discrepancies found during independent reviews, Intel just delivered performance on 10nm that is equivalent to what is possible on 7nm. With the simultaneous launch of the Evo brand to encompass the new 11th generation-powered ultra-thin high-performance laptop range, Intel can begin building customer brand recognition and altering perceptions that Intel has lost competitive footing in the PC market. With 50 PC designs set to ship with Tiger Lake as soon as this fall, and at least 150 designs anticipated from partner OEMs, Intel may see a very near-term recovery in its PC market share even despite the 7nm delay.

    Transition to Data-Centric Business and Future at the Edge

    More important to Intel's future is the multi-year shift towards higher-growth end markets associated with cloud, edge, and data. Rather than PCs, Intel sees its primary business as the Data-Centric reporting segment that now comprises 52% of revenues. That figure is likely to expand in coming quarters following 34% YoY growth in the most recent earnings report. In FY19 Q2, the Data-Centric segment only accounted for 46% of revenues.

    That Data-Centric segment includes: The Data Center Group (36.3% of total Intel revenues); Non-Volatile Memory Storage Group (8.5%); Internet-of-Things Group (3.4%); Programmable Solutions Group (2.6%); and Mobileye (0.7%). The two largest contributors to the segment are performing extremely well. The Data Center Group grew 43% YoY and saw operating income climb 72%. The second largest business in the segment, Non-Volatile Memory Storage, grew 76% YoY for record revenue on the back of NAND demand growth and higher Average Selling Prices (ASPs).

    By 2024, Intel expects its TAM to reach $300bn. But $230bn of this is attributed to the Data-Centric TAM. And Intel's own calculations may be slightly conservative. In the company's analysis of its various end markets, Intel only mentioned the edge compute market in general terms. Yet that market alone is projected to surpass $100bn by 2030. As much as public cloud adoption drove demand for server-related products over the past five years, the edge could end up being a far more important trend. That is because, in addition to further server demand, the edge will enable billions of IoT devices to finally become widespread after years of hype. With TAM growth associated with edge server CPU, GPU, and storage, plus IoT and edge AI solutions, Intel can achieve growth into the 2030s so long as the company can execute on its strategic vision.

    Edge Server

    An S&P Global study in spring 2020 estimated that Intel has 90-95% share of the data center CPU market despite recent share gains by AMD. While edge server architectures and processes differ versus hyperscale cloud servers, this figure is testament to the strength of Intel's relationships with the leading cloud providers that are also among the early movers in the edge computing space – namely Amazon with its Lambda@Edge platform, Microsoft with Azure Functions, and Google with Google Cloud Functions.

    For smaller edge providers especially, like Fastly, Akamai, or Cloudflare, there will be particular emphasis on price-per-performance for server components. Until recently, that dynamic favored AMD whose EPYC Rome 7742 processor rivals Intel's Xeon Platinum 8280 on performance yet undercuts it on price by about 60%. The cost efficiency of EPYC led to some important edge server design wins for AMD, including Cloudflare's new GenX server that excluded Intel parts for the first time.

    The latest Xeon processors had been on the market for a couple years, though, and Intel refreshed the product line earlier this year in an attempt to greatly reduce cost while maintaining performance. In its 24 February press release, Intel directly addressed the need to become more competitive with AMD on price-per-performance noting that the Xeon refresh: "…[reinforces] Intel's data center leadership by providing greater performance and performance-per-dollar choices for…customers across cloud, network and edge." While Intel compromised on compatibility with certain server designs, the result is 1.42x better price-per-core-performance and a cost of $141 per-core for the Gold 6258R. The price tag puts Xeon in a much stronger position relative to EPYC Rome 7742 which goes for $108 per-core.

    Despite early advantages in cost-per-performance for AMD, Intel still managed to double its edge deployments year-over-year according to Forbes. And its impressive partner list includes Lenovo, Red Hat, Advantech, Caswell, Inventec, Lanner, Nexcom, World Wide Technology, Ericsson, ZTE, Verizon, Vodafone, Nokia, and China Telecom, among others. With drastic improvements in price-per-performance, Intel could very well see additional customer wins in upcoming quarters.

    Beyond CPU, edge applications will see an increase in demand for integrated and hybrid GPUs. Between advancements in Intel Xe graphics and its development of discrete graphics cards, the company will become better positioned to take advantage of the more than 33% CAGR projected for GPUs from 2020 to 2027 – taking the market from just under $20bn in 2019 to over $200bn according to Deloitte. Even if Nvidia and AMD maintain large leads over Intel in GPU market share for edge servers, even a marginal portion of the market could be meaningful to the Data Center Group which measured around $7bn in Q2.

    In addition, edge servers present an unprecedented opportunity for NAND solutions as well – specifically flash storage that utilizes the NVMe (Non-Volatile Memory Express) protocol. Edge servers have strong need for high-performance startup operations and extremely reliable storage. That is because rapid startup times are critical for edge providers to quickly launch computing instances and deliver the lowest possible latency for their customers. Improvements in NVMe NAND greatly shrink the physical storage footprint, reduce power and cooling costs, all the while improving the overall speed, flexibility, and failure rates. And Intel Optane and 3D NAND SSDs are exceptionally reliable for storage and offer performance improvements over legacy storage solutions.

    IoT and AI

    Much like edge servers, edge deployed IoT devices will similarly boost demand for Intel processors. For workload intensive industrial IoT, Intel has its Core processor. And the Intel Atom processor is purpose-built for lower-power or embedded applications. Because IoT devices will collect and process vast amounts of data, these applications will also require significant amounts of flash memory – specifically NAND. On-device NAND SSD can increase data transfer speeds while also integrating module-level security features, remote management, and more flexible power configurations. Collectively, improvements in NAND will lower total cost of ownership for these machines.

    The edge will lead to rapid growth for edge AI chipsets that enable IoT devices to deploy machine learning at the edge without having to send data via internet back to a centralized data center. Deloitte notes that around 300 million edge AI chips were sold in 2017, but this year could see more than 750 million units hit the market. With compounded annual growth in edge AI chipsets anticipated to outpace the broader semiconductor industry by a considerable amount, ABI research predicts that these edge chips will surpass the market for cloud AI chips by 2025 – marking a massive shift.

    Mobileye and Autonomous Driving Technology

    It is interesting the extent to which mainstream conversations in media and financial commentary largely exclude Intel's Mobileye and instead focus on Tesla as the technology leader in autonomous vehicles and Nvidia as the chipmaker best positioned to disrupt. Although Telsa claims to offer autonomous modes for its vehicles, based on the 5-level autonomous capability hierarchy – the industry standard established by the Society of Automotive Engineers – the most advanced cars currently on the market only operate at level 2+. Level 2+ falls between levels 2 (partial automation) and 3 (conditional automation). The hardware to support full level 5 autonomy does exist in 2020, and the software necessary to manage these systems is not too far behind. However, it will likely take 5-7 years before manufacturing volumes reach levels to drive down hardware prices, the necessary regulatory frameworks come into place, and fully autonomous vehicles gain broad consumer acceptance.

    In the intermediary period, the progression towards level 5 autonomy will continue to be gradual and incremental. Higher degrees of autonomy will be achieved by increasingly sophisticated advanced driver assistance systems (ADAS) that prove out the viability of these technologies and underpin the manufacturing, regulatory, and consumer environment that will facilitate the future arrival of self-driving cars. Beyond this, in many cases the same technology at the center of levels 4 and 5 builds on the existing foundations of ADAS capabilities. And the dominant player in the ADAS market is not Tesla, Waymo, or Nvidia. It is Mobileye.

    Mobileye's market share has consistently stayed above 70% for years, even as competition from other players has ramped up – Nvidia in particular. The Mobileye solution is noteworthy, pairing its SoC – the EyeQ family – to support a range of ADAS capabilities using only a single camera sensor. This differs from the LiDAR and radar-based systems favored by Waymo, Uber, GM-owned Cruise, and Nvidia. Tesla – who previously used Mobileye technology until the two parted ways in 2016 – also leverages a camera-based system. However, Tesla deploys ultrasonic sensors and radars in combination with billions of miles of driver data.

    Mobileye's commanding market share in ADAS means that its technology is used by more than 300 models from 25 global automakers, resulting in 60 million vehicles on the road worldwide. In contrast, Tesla currently has fewer than 1 million vehicles on the road equipped with variants of its autopilot technology. And Mobileye is already working with 4 major OEMs to soon provide level 3 autonomous solutions. As part of its arrangements with OEMs, Mobileye receives access to sensor data from customer vehicles. At present, Mobileye is collecting 3.7 million miles per day and growing as another 2 million vehicles from these OEMs are set to join the data-sharing program over the next two years.

    What this translates to is a massive partner network with the world's leading auto OEMs who will all have a vested interest in competing with Tesla both in autonomous but also electric vehicles. This also means that Mobileye has a significant advantage over Nvidia in getting its ADAS and future autonomous solutions on vehicles. As Mobileye further prioritizes its fully autonomous solutions, its leading competitive positioning in ADAS, as well its strong relationships with OEMs, gives the company a strategic advantage over its competitors as higher levels of autonomous technologies go to market. This is evidenced by Mobileye's strategic partnership with Tesla EV rival NIO to offer level 4 consumer vehicles by 2022.

    Even though Mobileye made its name based on its single camera platform, the company is separately developing what is called a full autonomous stack, incorporating the necessary LiDAR, radar, non-camera sensors, GPS, modems, and other hardware components that will run on its 5thgeneration EyeQ processor. In the meantime, Mobileye recently demoed a self-driving vehicle that navigated the congested streets of Jerusalem using only 12 cameras and no LiDAR, radar, or non-camera sensors.

    On the back of the hyperbolic move in Tesla shares YTD, numerous articles have lauded the company's so-called multi-year advantages over rivals in the space. Notably, in July Elon Musk stated that Tesla is "very close" to level 5 autonomy with no updates needed to hardware as the company's Tesla Computer processor currently supports full autonomy. Mobileye's EyeQ 5 also supports level 5 autonomy, however. And although the Tesla Computer exceeds EyeQ 5 on tera operations per second (TOPS), EyeQ 5 offers footprint and power consumption advantages. Moreover, unlike most other players in autonomous systems, Mobileye has opted for an open architecture that enables OEMs to program their own software on top of Mobileye hardware.

    Tesla has a lead in data collected per mile at over 3 billion miles, but Mobileye is catching up and its data repositories also exceed the billion-mile mark on an annual run rate basis. To deepen the data sets available to Mobileye, Intel also bought Israeli mobility-as-a-service company Moovit for $900mn this year. Like Tesla, Mobileye is set to offer its technology in the important robotaxi market that many in the industry view as the precursor to consumer-adopted fully autonomous vehicles down the line. Mobileye is launching pilot robotaxi fleets in Tel Aviv, Paris, and Daegu City in 2022.

    Mobileye still accounts for less than 1% of total Intel revenues despite doubling sales since being acquired by Intel. Given the strength of Mobileye's position in the ADAS market that is expected to grow to more than $80bn by 2030, as well as the prospects in robotaxis and level 4/5 autonomous systems, Mobileye has strong potential to develop into a major growth engine for Intel over the next 4-5 years.

    Conclusion

    Intel shares are roughly flat since early 2018 despite revenues up almost 20% from FY19 Q2 to FY20 Q2. The relative out-performance in Nvidia and AMD shares over that time has furthered perceptions that Intel could fall behind as the former two companies achieve sustained revenue growth tied to more attractive end markets like data center, gaming, AI, and autonomous vehicles.

    However, recent struggles with certain products and lost PC market share to AMD have distracted investors from Intel's ongoing transition to a more data-centric business. With a $230bn TAM projected by 2024 for this operating segment alone, Intel has multiple opportunities to likewise drive revenue growth over the long-term.

    Given the company's recent advancements with its 11th generation Tiger Lake SoC, continued progress in improving price-per-performance for edge server components, and the vastly underrated leadership of Mobileye in the ADAS and autonomous vehicle markets, Intel offers an extremely compelling opportunity for investors seeking exposure to these technology trends at a more reasonable valuation.

    You can find me on Twitter @BlackjacketCo where I write about emerging technologies, industry news, and long-term market trends. Thanks for reading!

    submitted by /u/bumblebear3012
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    Played by SoftBank

    Posted: 04 Sep 2020 11:00 AM PDT

    We were played, but many of us who didn't sell had a feeling something was off....it's SoftBank playing games.

    https://www.cnbc.com/2020/09/04/softbank-reportedly-the-nasdaq-whale-that-bought-billions-in-options.html

    submitted by /u/the-mangolorian
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    Thoughts on APPL

    Posted: 04 Sep 2020 04:29 AM PDT

    I work in the B2B space selling tech at volume. While the market in general still seems abnormally high, every day I see why AAPL is positioning to dominate over the years to come.

    They literally cannot make iPad's fast enough, with back-orders across the board. There's incredible demand for them in healthcare, due to telehealth, remote learning, and remote working, let alone the bored consumer who's already spent their stimulus check. But it isn't about the iPads.

    It's about the ecosystem. And nobody does it like Apple.

    The number of apps and secondary Apple products they'll sell over the next year is going to be off the charts. And with the soon to be released ARM-based MacBook that ecosystem will be stronger than ever, with even more incentive for app development and growth. And don't forget Apple gets that juicy 30% cut.

    I have no idea what will happen with AAPL today, tomorrow, next week, or even next year. But looking through a five year lens, I think they'll be very, very strong.

    Edit: Fixed ticker in post. Title remains for everlasting shame.

    submitted by /u/trysushi
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    Why does everything move similarly?

    Posted: 04 Sep 2020 11:47 AM PDT

    Why does every stock that I'm looking at, mostly tech move so similarly?

    When one pushes up, the same happens to the others. Just take a look at AMD and AAPL today.

    What controls the movement this time?

    submitted by /u/Bali014
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    Best podcasts about LONG TERM investing?

    Posted: 04 Sep 2020 07:23 AM PDT

    I (and probably lots of you guys) am in an interesting position where I am not day trader, I don't try to predict or time the market, I don't want to speculate with penny stocks, and I don't gamble with options (obviously there is a time and a place for options, but I've been over to r/wsb a few times and have no desire to go down that road).

    I keep most of my money in ETF's, but also like to try and pick long term stock winners based off of fundamentals (because, let's be honest, we all know we can't beat the market but it's fun as hell to try)

    So my question is: Do you guys know of any good podcasts that talk about things like this? Things like fundamental analysis of stocks, experts opinions on good stock picks, macro market trends, etc. The kind of stuff Warren Buffet would approve of. All the investing podcasts I find are either for day traders or are so oversimplified that they don't tell you anything new (i.e. "make sure to save 15% of your income and put it in a broad market index fund" --good advice but super boring and I learned that when I was 14).

    I'd love to hear about your favorites and I'm sure others would find it valuable too.

    submitted by /u/welcometotheendguys
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    What is a really good stock skill you have?

    Posted: 04 Sep 2020 02:01 PM PDT

    Dd? Patience? Fundamental? Technical?

    I am very good at waiting on the sidelines, finally having fomo, jumping in, and then watching everything go down.

    submitted by /u/rammerman123
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    Pentagon reaffirms award of JEDI cloud to Microsoft

    Posted: 04 Sep 2020 11:58 AM PDT

    Disruptors PayPal and Square surpass Wall Street giants including Goldman Sachs in market cap

    Posted: 04 Sep 2020 11:10 AM PDT

    https://www.cnbc.com/2020/09/04/disruptors-paypal-and-square-surpass-wall-street-giants-including-goldman-sachs-in-market-cap.html

    This week, the market capitalization of fintech payments firm Square exceeded that of Goldman Sachs, the 151-year-old investment bank, for the first time.

    Almost exactly two months earlier, PayPal surpassed Bank of America, the second biggest bank in the U.S., in market cap. That move made the online payments pioneer worth more than every American bank except for JPMorgan Chase.

    The coronavirus pandemic has accelerated the penetration of digital payments across entire industries, resulting in double-digit revenue growth at PayPal and Square in the second quarter. Meanwhile, banks including JPMorgan and Bank of America have collectively set aside tens of billions of dollars for expected defaults.

    "It's pretty stunning to look at some of these fintech companies and the credit they're getting today," Devin Ryan, analyst at JMP Securities, said in a telephone interview.

    submitted by /u/coolcomfort123
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    PTON Earnings

    Posted: 04 Sep 2020 12:42 PM PDT

    Wondering how people feel about Peloton's earnings announcement next week. Is there much upside left given that it has nearly doubled in this last quarter?

    I feel like a lot of the hype and growth in Peloton had to do with gym closures, but can we continue to count on that? Seems like everyone that ever wanted a Peloton/Peloton equivalent likely has one by now (we're approaching 6 months into gym closures).

    submitted by /u/hrifandi
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    The one frustrating thing about trying to enter into new stocks and/or funds, is a lot of them are still near their 5 year high points

    Posted: 04 Sep 2020 09:36 AM PDT

    Since it's always at least more comforting to enter into a fund when it has somewhere to go, it's a bit nerve wracking looking at funds to invest in, even if its ETFs, etc.. and looking at the 5 year chart only to see its within a few % or even dollars of its ATH. It honestly makes me not want to invest...because if anything with how fast and high the markets have gone, I feel like the market will go down before it goes back up giving me pause and wanting to wait till it comes back down.

    Anyone else running into this mental block as well?

    I have like $3k to invest right now..and feel like today is the day I should because of the continued sell off, but can't pull the damn trigger on anything.

    submitted by /u/majorchamp
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    Softbank is reportedly the "Nasdaq whale" that bought billions in tech stocks

    Posted: 04 Sep 2020 01:16 PM PDT

    SoftBank was the buyer of billions of dollars in technology company options in the past month, according to the Financial Times.

    Analysts said the activity in call options, those that bet on stocks rising, added to market froth as sellers of the options bought stocks.

    The Wall Street Journal said SoftBank bought $4 billion in options on stocks it owned, like Amazon and Microsoft, but also in other names.

    https://www.cnbc.com/2020/09/04/softbank-reportedly-the-nasdaq-whale-that-bought-billions-in-options.html?__source=androidappshare

    submitted by /u/mdirx
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    What present did you buy on black thursday/friday?

    Posted: 04 Sep 2020 01:46 PM PDT

    I got myself 75 ciena at 42.95 and 15 docusign at 210.

    I missed the chance to get into shopify at around 900 and didn't dare to add on tdoc and msft as I already have quite some money on them.

    submitted by /u/futureIsYes
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    Cloud flare

    Posted: 04 Sep 2020 07:23 AM PDT

    I see Cloudflare(NET) talked about over and over on here. Can someone give me a rundown of why it's so great? Price is dropping lately and I'm wondering if it's a good idea to get in

    submitted by /u/BigBallzReddit
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    NO ONE KNOWS ANYTHING PLEASE STOP!

    Posted: 03 Sep 2020 04:07 PM PDT

    Nobody knows anything about what's gonna happen today, tomorrow, or next month! Y'all need to stop with the second crash theories. If you bought today, great (I did), if you didn't today cuz you're waiting for "tomorrow's dip", great. Bottom line is, no one knows anything. Just DCA if it does dip again and then buy again if it goes even further down.

    Relax!!! This is the way.

    submitted by /u/joeroganthumbhead
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    Good Non-Tech ETF's

    Posted: 04 Sep 2020 10:48 AM PDT

    I bought a lot of QQQ and VUG yesterday. Do you guys have any recommendation for non-tech ETF's? I'd like to take advantage of this dip. Thanks!

    submitted by /u/Himaonlinestore
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    The 'ole TQQQ debate -- with a new twist

    Posted: 04 Sep 2020 11:36 AM PDT

    Okay, so I'm young and trying to take more risk. I've seen both sides of the debate and it's pretty clear to me that the main drawback of leveraged indexing is volatility, which doesn't bother me. The other arguments against don't make sense to me really. I don't see a liquidity crisis that shuts down the fund happening, and in a sideways or bear market, I'll just have to wait it out like any other investment. But let's try to hold that debate for a moment.

    I have a new idea--or perhaps it's not so new, which is why I'm posting here to get some advice.

    I want to try taking profits off TQQQ regularly. Basically, I start with a small position, say a thousand dollars. This is just to get my feet wet, but I'm also using my Roth because if I'm going to consistently take profits, I don't want to be taxed.

    I set a goal, and whenever I reach it, I take profits. Let's call that goal 1,500. Let's say I take off $750. Now I'm only liable, in theory, to lose 25% of my investment.

    Next, I set a goal to reach $2,000. Again, take half the profits.

    Repeat this process so that I continue to raise the bar with more and more exposure, and after the first two goals are met, I'm playing with house money.

    Has anyone tried this? If so, what were your results?

    submitted by /u/Pizza_Bagel_
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    Veteran advice

    Posted: 04 Sep 2020 11:34 AM PDT

    I know that nobody knows how the market will look come Tuesday but who has the confidence that we will be seeing green next week? I'm looking to start some new positions today but I don't know very much and fairly new to trading. Maybe some veterans could chime in and give a little bit of advice that could help me understand the market and what is going on with it at the moment and where I should be investing or if I should even be investing today.

    submitted by /u/ThighGaps
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    Anyone else afraid of putting a lot of money at once into a single stock?

    Posted: 04 Sep 2020 02:08 PM PDT

    I have the money to go 5k on a stock but I get afraid. Today I bought 2 shared of msft. I have the money to buy much more but I don't. And I don't mean put 5k in msft and nothing else. I'm just saying dedicating that much to 1 thing even if you have the money....I get scared... So instead I will buy a few k in a day and spread it out over different stocks....I even get scared to buy a lot of apple at once. Maybe that's good? I dunno. But how can I win big if I don't put a lot into 1 company....

    submitted by /u/rammerman123
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    Adding 100 (Yes, just one hundred) Eur to investment profile each month.

    Posted: 04 Sep 2020 12:34 PM PDT

    So I created a spreadsheet for my spendings and started logging every small purchase into categories which have their dedicated allocations. This attitude left me with some extra money each month. So now I decided to add bit by bit something into my slow income cabinet.

    I haven't done any investing before and I'm wondering where should I start if I plan to buy/sell 2 to 3 times a month? Partially for my own enjoyment as a hobby and partially for income.

    What podcasts to listen to? What other advice do you have?

    submitted by /u/LuckyV89
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    Amazon online stores have a quality problem. But does it affect long term valuation?

    Posted: 04 Sep 2020 01:50 PM PDT

    The last two years it has become common knowledge that Amazon has several interconnected quality issues with its online stores:
    -flooded with cheap tat
    -counterfit suppliers piggybacking off legit suppliers
    -fake reviews
    -manipulated Amazon choice selections

    In the UK there has been plenty of attention from journalists, consumer groups, and the govt consumer watchdog. I know in Germany there is a similar situation and just from Reddit it sounds like the US also suffers from this.
    But what I'm interested in is whether it will actually affect their long term valuation? It's still growing rapidly in western markets and even if it did take a hit, I understand that cloud services are the most profitable part of the business now. So perhaps not?

    However, I always evaluate the product when assessing a stock and only invest if k believe it is high quality. If the store is dogshit, shouldn't this be a caution?

    submitted by /u/windupcrow
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    Bought my first apple share today

    Posted: 04 Sep 2020 01:08 PM PDT

    I'm a pretty new investor with a relatively low amount to invest and a set limit on how much I'm allowed to invest per year. I started my portfolio back in the beginning of August where I diversified among most sectors as well at etf's. I had left about 200$ cash in the account just in case a market decline.

    I stayed away from apple bc it was too overpriced and even 1 share (before they split) would cause my account to not be diversified.

    After the split and the sudden decline yesterday, I bought the share this morning at market open for $120

    Was it a good idea to buy it after yesterday's drop of should I have waited longer in the day until it had truly hit its lowest price of the day? What would/did you if you were in a similar position?

    submitted by /u/connorschrank
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