Stock Market - Data: Amazon Prime Day targets $10B in global sales, US memberships close to 143M million |
- Data: Amazon Prime Day targets $10B in global sales, US memberships close to 143M million
- Market Recap - Monday October 12, PLEASE ENJOY!
- I am a speculative Bear �� and im getting slaughtered in this bull run.
- What’s gonna happen if the Fed keeps buying financial assets at that pace? A similar phenomenon takes place in Japan where BoJ has almost 1/3 of the market. Is there any possibility that stock markets turn into a zombie market in the US?
- Bank of America Had Tens of Billions of Dollars of Delinquent Loans Last Quarter That It Successfully Hid In Plain Site, Yet No Analyst or Financial Paper Called Them Out.
- CVS as a Investment
- Is there really any reason not to invest everything into Amazon and Apple?
- Apple
- BlackRock Earnings Tomorrow! (Data I Collected For How It Reacts After Earnings For The Past 3 Years/12 Earnings Reports)
- JP Morgan's Earnings Call is Tomorrow.Remember bad their last quarter REALLY was?
- Solid article on economic indicators and Warren Buffett
- FUTURE OF MEDICINAL PSYCHEDELICS. (( Seelos Therapeutics (SEEL) ))
- Is there any truth to “buy the rumor, sell the news?”
- Thought on Apple Stock?
- It’s Earning Season Again!
- Loss carryover possible with stock and derivative trading?
- Does ToS sell users' data?
- Academy Sports and Outdoors
- The Sticky Of Investing Domestic vs International
- Watchlist: 10/12 Be Fearful When Everyone's Greedy
- Stock Portfolio review
- Analysing stocks/market?
| Data: Amazon Prime Day targets $10B in global sales, US memberships close to 143M million Posted: 12 Oct 2020 06:31 AM PDT The research firm forecasted that the internet giant's fifth annual two-day shopping event could spark worldwide sales just shy of $10 billion, up from the $6.93 billion posted last year. This year's bonanza takes place as the COVID-19 outbreak continues to wallop the global economy, but the event's later timing is also likely to push sales. Traditionally, the event has been a major driver for Prime membership, eMarketer pointed out, creating a virtuous cycle in which new members push Amazon's sales even higher. The firm predicted that U.S. Prime members will reach 142.5 million in 2020 — an increase of 14.9%, representing more than half of the U.S.'s population. [link] [comments]  |
| Market Recap - Monday October 12, PLEASE ENJOY! Posted: 12 Oct 2020 01:29 PM PDT PsychoMarket Recap - Monday, October 12, 2020 Stocks traded higher today as market participants looked ahead to stimulus talks in Washington that appear to be progressing and an upcoming round of quarterly that are expected to be improved relative to earlier in the year. The Nasdaq (QQQ) was on fire today, finishing the day 3.09%, as the rebound in big tech continues from the September lows.. The S&P (SPY) finished 1.59% up and the Dow Jones (DIA) finished 0.87%. Prospects for further fiscal stimulus coming from Congress has been a main point of interest for traders since the CARES Act, the first round of stimulus passed in March, ran out on July 31. Though prospects for additional passage before the November election are slim, recent reports of a $1.8 trillion proposal coming from the White House and renewed talks between Treasury Secretary Mnuchin and House Speaker Nancy Pelosi. Last week's meetings between the pair did not produce an agreement, both parties are optimistic that a deal will be worked out. In an interview with CNN, White House economic advisor Larry Kudlow offered an upbeat assessment of the negotiations, saying that "the bid and offer is narrowing somewhat between the two sides." While there is a large delta between both proposals, the fact that the White House is showing a willingness to negotiate and compromise is a good sign that negotiations are going forward in good faith. Third-quarter earnings begin in earnest this week. A host of big banks, including JP Morgan (JPM) and Citigroup (C), will report earnings tomorrow. Big banks, which have underperformed the broader market since the March bottom, will provide valuable information into the extent of the ongoing strain to the US economy as a result of the coronavirus pandemic. For this earnings season, analysts expect companies to report more year-on-year declines in profits due to business difficulties arising from the pandemic. According to data collected by FactSet, consensus estimates predict a earnings per share decline of 20.5% over the last year for companies in the S&P 500. This earnings season comes at a very interesting time, with the market primed for several market-moving events, including the possibility of vaccine and therapeutic breakthroughs to treat coronavirus and uncertainty surrounding the upcoming presidential election. According to analysts at Goldman Sachs (GS), "New information on the election, vaccines, and upcoming 3Q earnings represent substantial cross-currents for equities during the next two months. However, the vaccine represents a more important factor than the election result for the recovery in S&P 500 fundamentals. In short, the progress of the US economy depends more on developments surrounding the disease rather than political elections or candidate differences in restoring the broken fundamentals of the stock market. Highlights
"Only you can control your future." -Dr. Seuss [link] [comments]  |
| I am a speculative Bear �� and im getting slaughtered in this bull run. Posted: 12 Oct 2020 11:50 AM PDT I was under the impression that the financial markets would come to its senses but that is where I messed up. Are there any other Bears out there? How are you doing? [link] [comments]  |
| Posted: 12 Oct 2020 07:08 PM PDT I'm really concerned that even if I buy high-quality, large cap stocks I can be stuck for decades with stock prices that can't even keep up with inflation. At the same time I ask myself where rich investors will park their money since stock markets have historically delivered the best results in the long run? Can you guys help me with that? [link] [comments]  |
| Posted: 12 Oct 2020 11:35 AM PDT This quarter should be more Than Interesting. Take note of how extreme the mortgage delinquencies are in terms of gross amounts, when simply late payments are taken into consdieration... https://boombustblog.com/?view=article&id=239:forensic-review-of-bank-of-america-s- [link] [comments]  |
| Posted: 12 Oct 2020 02:41 PM PDT CVS Pharmacy is an American retail corporation. They currently have a PE of 9.49 which is very cheap for a company of this stature. The return on Equity is 12.73% meting that their return on capital is quite solid. The total assets of CVS grew from 94,462,000 on 12/30/2016 and it is now at 222,449,000 on 12/30/2019. They have a total Asset - Liability of 133,447,000 billion dollars. They have a total of 17.46B USD. Another good thing is the total debt to equity ratio of 0.93. I can look at this and see a company that has great mangers of money. "CVS Health revenue for the twelve months ending June 30, 2020 was $263.795B, a 16.21% increase year-over-year."(https://www.macrotrends.net/stocks/charts/CVS/cvs-health/revenue). Compared to that of 2017 "CVS Health annual revenue for 2017 was $184.786B, a 4.08% increase from 2016."(https://www.macrotrends.net/stocks/charts/CVS/cvs-health/revenue). The 2010 revenue stands at 2010. $95,778B USD but in 2019 $256,776B USD. CVS has a one year target of 79.44 which is about 15 dollars off its current price of 59.72. They also pay a solid dividend of 2.00 with a yield of (3.37%). When a company pays a dividend you know that some extra cash and is more secure then some growth companies. It dates back to 2001 with a yield of 0.52%. I believe a possible growth Catalyst for CVS could be a minute Clinic which acts an ER but for not so serious problems. The tele medicine market is growing and many will partner with CVS as it acts with base as a pharmacy and Minute Clinic which will continue to grow deliveries of Drugs with also grow and more and more live from home. The Baby Boomers are growing older and as more people grow old tight need more drugs which CVS can supply as they are the number one pharmacy in the USA by revenue. I think that CVS was in a downtrend for the last 5 years but it can rise to around 80 dollars a share and it can also be a good dividend play combined with some growth with this he stock which is very good as it a win win situation. According to Guru Focus they have a Intrinsic value of 111.77 and that shows a lot of upside based on a FCF based model. https://www.gurufocus.com/term/iv_dcf_share/NYSE:CVS/Price-to-Projected-FCF/CVS-Health I believe CVS is a safe stock and has some upside so I think it could be good value play in your portfolio. [link] [comments]  |
| Is there really any reason not to invest everything into Amazon and Apple? Posted: 12 Oct 2020 05:31 PM PDT I mean i could f go or ETFs but is it really a possibility that either apple or amazon wont continue to grow over the next 5 years? I'm not expecting them to double themselves but i just can't see either one of them out of our lives in the next decade.. The way i see it, they're basically ETFs themselves. Can someone wake me up and tell me im wrong because this just seems like such easy money it honestly baffles me.. [link] [comments]  |
| Posted: 12 Oct 2020 07:56 PM PDT I'm so confused as to why people keep saying they're selling today or tomorrow. From my knowledge apple has always risen for the entire week of their unveilments. So why do any of you think it'll drop before/after the event? Sure we know the specs. I don't believe iphones is in any way better than Android's. But they have perfected marketing. And last I remember apple continued to rise until September hit and even then apple is almost back at it's peak. Not sure why it dropped September if someone knows please comment. But again besides y'all being afraid of pullbacks any reason or history from apple specifically you think it'll drop instead of rising this week [link] [comments]  |
| Posted: 12 Oct 2020 02:35 PM PDT I made this data myself based on how BlackRock has traded after it's last 12 earnings reports. You will see that 9/12 earnings reports it BEATS the estimate and then 8/9 times that it BEATS the estimate it goes higher for the day, typically ends higher by 2-4%. ONLY 3/12 times in the last 3 years BlackRock ended up MISSING their earnings. Of these 3 times 2/3 resulted in BlackRock dropping. I hand wrote it all haha. Going to be worth it knowing the probabilities for tomorrow now. (Based on the last 12 reports and last 3 years) I made a video explaining exactly how to utilize this information to profit trading its options tomorrow! If you want to see me breakdown the charts and show the gameplan you can watch here- https://youtu.be/g0d5SDCKtY8 Otherwise here is the data and I hope some people can make use of it and make money tmrw! *Just realized this subreddit doesn't allow images I was going to post all data here but its in my video if you care to trade options on this tmrw Usually if you trade options, based on the charts i went over in my video, if this thing is trading strongly and to the upside tomorrow your best entry as an options trader is buying calls at the open or on a slight dip that you'll notice occurs sometimes. So probably 615C or 620C tmrw if this thing happens to BEAT earnings. On the other hand if it gaps down we would probably do 610P and not hold more than 1 day because the bulk of its move happens the day of earnings and this wouldn't be a continuation play. BTW below I calculate the DTR- daily trading range so I can get a good idea of what is the best strike price to go with tmrw. Hope this helps. [link] [comments]  |
| JP Morgan's Earnings Call is Tomorrow.Remember bad their last quarter REALLY was? Posted: 12 Oct 2020 10:27 AM PDT Most analysts and finance rags through JP Morgan had a slam bang Q2. Unfortunately, it appears no on even tried to look at the fine print. JP Morgan, as well as most other big banks, used the mandatory forbearance programs as a mask to hide the downright nasty deterioration in credit metrics. If you don't know, now you know. See the analysis here and be sure to compare ti to their results tomorrow, but be sure to normalize the numbers to compare to previous periods https://www.youtube.com/watch?v=6YfwUbuuAOI [link] [comments]  |
| Solid article on economic indicators and Warren Buffett Posted: 12 Oct 2020 11:45 AM PDT https://roadworkahead.substack.com/p/economic-indicators Insightful article for the market's current overvaluation on a historic basis. Anyone else waiting to see some market disruptions after the election? [link] [comments]  |
| FUTURE OF MEDICINAL PSYCHEDELICS. (( Seelos Therapeutics (SEEL) )) Posted: 12 Oct 2020 06:33 AM PDT What are some thoughts on the future involving medicinal psychedelics such as psilocybin and ketamine? Although more research needs to be done, it seems that a lot of people are opening their minds (no pun intended) to this type of treatment. Cannabis proved to be quite the game changer, and I feel like adding psychedelics into the medicine cabinet just might be the BEST solution for humanity, going forward. I highly recommend Brian Muraresku's The Immortality Key, for anyone interested in the history of psychedelics found throughout many different cultures/religions. Brian recently appeared on Joe Rogan with Graham Hancock! (Also highly recommended) SEEL[link] [comments]  |
| Is there any truth to “buy the rumor, sell the news?” Posted: 12 Oct 2020 09:25 AM PDT I've heard this phrase several times throughout the various investing subreddits I'm in. Is there any truth to it? For example, Apple has their event tomorrow to announce new iPhones. I would assume, if I trust the phrase, there would be some historical evidence that the stock would rise up until the event, then drop after? Is that a pretty common occurrence, not only for Apple, but other companies as well? Does something similar happen for earnings reports, or does it depend on how their earnings performed? Just seeing what some of the seasoned vets have seen in the past. Thanks. [link] [comments]  |
| Posted: 12 Oct 2020 07:41 AM PDT I'm just curious about the general investor opinion about this stock, is it a good or bad time to buy, are you guys waiting or has time to buy already passed ? Any tips on other good investments? [link] [comments]  |
| Posted: 12 Oct 2020 06:59 AM PDT Since the start of this month, the market has been buoyed by the possibility stimulus deal before the election. While this may likely be a catalyst for market movement, the big wave of earnings call would definitely add more gas for stock momentum this week. 84% of S&P 500 companies reported positive earnings per share (EPS) in the second quarter, surprising Wall Street. Six sectors recorded increases in estimates, including the consumer discretionary, energy, financials and materials sectors. Riding on impressive Q2 results, analysts delivered a rare upward revision to their estimates for Q3 results. However, with the effects of coronavirus still lingering, many companies may disappoint against heightened expectations. This has not escaped the notice of Wall Street as analysts expect a 20.5% drop in the S&P 500 EPS from Q3 2019. If this occurs, this would be the second-largest YTY drop in earnings for the index since Q2 2009. Q3 earnings season kicks off with JPMorgan, Citigroup, Goldman Sachs, Bank of America and Morgan Stanley all releasing their earnings this week starting from Tuesday. The financial sector has been among the worst-performing sectors this year, with a YTD return of -18.04% in the S&P 500. The industry has been bedevilled by a plethora of pressure. Near-zero interest rates (which would continue till 2023) have affected as net interest income of banks. The Federal Reserve also extended its ban on share buybacks at the biggest U.S. banks through at least the end of the year and has maintained a cap on dividend payments through Q4 2020. However, revenue from trading activity presents a glimmer of hope for banks which have profited from the record run-up of the market from march till august. Trading revenues at JPMorgan Chase surged by 79% in the second quarter, and by 93% at Goldman Sachs, with both equity and fixed-income trading booming. [link] [comments]  |
| Loss carryover possible with stock and derivative trading? Posted: 12 Oct 2020 06:08 PM PDT In the US, is it possible to carryover a loss from one tax year to the next before capital gains are calculated? Just like a businesses do with retained earnings (negative retained earnings)? For example, say I lose $30,000 trading stocks and options in 2019 and make $45,000 in 2020 in realized gains. Do I pay capital gains on $15,000 or $45,000? If not on a personal level, what are the requirements to start a wholly owned investment fund and trade in that entity? [link] [comments]  |
| Posted: 12 Oct 2020 05:10 PM PDT A big knock on robinhood is that they sell the data. E-Trade does the same and I think they used to trade against their customers from their MM operations. Does Think Or Swim do anything similar? [link] [comments]  |
| Posted: 12 Oct 2020 06:00 AM PDT I presented some DD on Canadian Solar CSIQ back in July and I'm here again with another value pick. This time it's Academy Sports. Academy just had an IPO recently which was overshadowed by Trump's COVID news that day. If you check out their S-1 you will see that they present an amazing investment opportunity. They were suppose to IPO at $17-19 a share and it ended up being in the $13 range. This company is growing and already has positive cash flows. Academy is more prominent in the southern US states but continually growing. I suspect that once COVID clears and things return to normal sports and sporting good sales will increase massively, especially this spring and summer. I made a comparison to a close competitor DKS Dick's Sporting Goods and Hibbett Sports HIBB. Enjoy! [link] [comments]  |
| The Sticky Of Investing Domestic vs International Posted: 12 Oct 2020 04:28 PM PDT I want to thank FelixYYZ for some of the links/information. One of the things I am always amazed with is how much those that really know are willing to share freely and how impeccable & detailed the resources they share are. On the Personal Finance (US) sub you get a lot of discussion around VTI or VOO/IVV and then VXUS. VTI or VOO/IVV for low expense ratio, re-balancing and the conservative and proven wisdom of not being able to time or generally pick winners and losers long term and broad exposure to the US market or the large cap companies within the US market. VXUS for again the exposure to the international scene incase of stalling or underperformance in the US market. In the Investing/Stocks/Stock Market Sub you will see people talk about individual equities both international and domestic at good buy in rates and the need to understand reality valuations vs bull rallies. Most individuals still recommend Index Funds or at least practice purchasing the major holdings at what they consider good valuations. WSB and Options is more geared to the risky bull/rally timings and daily/weekly option plays. Personal Finance Canada seems to really favor a spread out approach with globally diversified assets allocation etf's. The canadian mentality of common sense wisdom and not putting your eggs all in one basket. They say the VXUS doesn't go far enough in diversification. We all know the US market has been on fire for nearly the last decade but especially in the last 5 years. I like I am sure many have no idea if that will continue or not but I do have some questions that I think many would find valuable to know. My first question is about ETF's based on the international/emerging market scene. I really only know about VXUS. I know that iShares has a really popular list of "international and emerging market" etfs: EEM iShares MSCI Emerging Markets ETF IEMG iShares Core MSCI Emerging Markets ETF IEFA iShares Core MSCI EAFE ETF EWG iShares MSCI Germany ETF EWJ iShares MSCI Japan ETF EWH iShares MSCI Hong Kong ETF EWT iShares MSCI Taiwan ETF EZU iShares MSCI EMU ETF EWY iShares MSCI South Korea ETF INDA iShares MSCI India ETF MCHI iShares MSCI China ETF EWU iShares MSCI United Kingdom ETF RSX VanEck Vectors Russia ETF SCHF Schwab International Equity ETF Most of the above are listed on the NYSEARCA or the BATS. As a Canadian using BMO Investorline do we have access to buy off these? I know we have access to TSX, Nasdaq, DOW, S&P 500 companies but I don't know if a regular account for Canadian Bank Brokerages have access to these? My second question would be how do you practice international/emerging market diversification? Do you purchase those etfs above or do you have different ones? How do you put this in practice and is there a "standard" that is well known like the S&P 500 index funds and total market funds like VTI that are well known, well respected, and well documented/used and what is your mentality and approach when using them. Lastly is there a way to purchase index funds for the international markets? For example when I look at the DOW/S&P 500/Nasdaq I see they are about equal or in the case of the last two greater than before the heights of COVID. I look at Canada TSX, German DAX, India Sensex and I see they are just slightly below the all time highs 2-8%. I look at the UK and FTSE 100 Index and I see it is around 20% down still. If I wanted to buy an index fund of FTSE 100 Index can I do that like I would purchase a VOO? What would be the most respected index fund etfs like VOO/IVV for the various global indexes? In general how do you guys all approach this, I think the question of international doesn't get a lot of detailed discussion like the US based index funds we have a ton of info on and the most respected and utilized ones. We also get a ton of talk on individual equities and the ways to practice technical analysis but not so much when it comes to global and emerging markets. I know it's more foreign and maybe because of that we don't have the same level of discussion because people aren't as exposed but I think maybe this is the time to hear from those that truly know and what they can all share :) Misc resource links: https://warrenstreetwealth.com/wp-content/uploads/2018/04/Performance-Leadership.png https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths [link] [comments]  |
| Watchlist: 10/12 Be Fearful When Everyone's Greedy Posted: 12 Oct 2020 03:47 AM PDT Market Notes: I'm seeing more doom and gloom predictions in my feed this morning. Remember what Buffett says, "Be fearful when everyone's greedy, and greedy when everyone's fearful." This market still appears to be head up. The VIX is dropping lower, a positive sign for the bulls. Markets are not logical or efficient. They move on supply and demand, that's all, Demand appears to be greater than supply. I'm bullish. Watchlist: SOL is a low float on watch ACRS is a lowish float, watching for a setup above $5 PSHG is a lowish float, flying in the premarket, on watch NFIN is a lowish float, support near $11.40 RBAC is in talks to take the Boston Red Sox public, on watch ARAY has resistance at $2.90 ACRX has resistance at $2 PACB watching for a continuation [link] [comments]  |
| Posted: 12 Oct 2020 01:17 AM PDT Hi Folks,
[link] [comments]  |
| Posted: 12 Oct 2020 06:04 AM PDT Hopefully this is not off topic. I'm a beginner investor, mainly invested in ETFs so far, but I believe I can get higher returns by stock picking, I just don't have the skills to do it yet, and whenever I asked for advice in online places they just told me it's bad, and that I should just invest in ETFs.. Hopefully I can get some answers here. So what skills would I need to analys a stock/company/market well? And what are good resources to learn them? Value analysis, technical analysis, looking at earning reports, insider activity, any resources which explain what/how to look for these information, how to analys and value stocks etc? -Long term investing not day trading. Appreciate any answer. [link] [comments]  |
| You are subscribed to email updates from r/StockMarket - Reddit's front page of the stock market, financial news. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment