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    Stock Market - Reddit's Stock Threads Become a Must-Read on Wall Street

    Stock Market - Reddit's Stock Threads Become a Must-Read on Wall Street


    Reddit's Stock Threads Become a Must-Read on Wall Street

    Posted: 11 Oct 2020 12:06 PM PDT

    https://www.bloomberg.com/news/articles/2020-09-15/big-investors-are-dying-to-know-what-the-little-guys-are-doing

    Professional investors turn to Reddit, Twitter to track retail

    Individual traders have become a sizable stock market force

    submitted by /u/coolcomfort123
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    J.P. Morgan Chase is Being Subsidized by the Government. After Booking $14 Billion in Trading Revenue During America's Worst GDP Quarter in its 244 Year History, Is It Finally Time That They Start Sharing Some of These Profits..?

    Posted: 11 Oct 2020 12:48 PM PDT

    In the 2nd quarter of 2020, JPM shocked the market by posting record trading revenue. Yes, record, like never before had the bank ever posted that much revenue from trading in its entire operating history!

    Way to go JP!!

    But in the midst of a global pandemic and an economic shutdown of the likes the world had never seen, how is it even possible for any company, in any sector for that matter, to be breaking performance records? 2nd quarter 2020 was quite literally the worst GDP quarter in American history, and up to 95% of the country was under some form of a lockdown order. At the time, analysts were even going so far as to compare the unemployment rate to what was seen during not just the Great Recession, but the Great Depression itself!

    How is that possible?!

    Well, JPM isn't just your average company. They enjoy a unique, and exclusive relationship with the FRBNY, where, in addition to the right to borrow exorbitant sums of money at bargain level interest rates that practically nobody else has access to, the mega-bank also gets to act as the second largest shareholder of its respective district bank, giving the bank direct influence over who sits on the board of its federal reserve branch, which in the case of JPM, is the FRBNY, the largest CB branch in America, representing 55% of all CB banking assets in the country! Read more

    But here's an even better question, one that most people are probably secretly wondering to themselves, but few usually care enough ask..

    Is this even fair?

    Technically those profits were the direct result of unprecedented central bank stimulus programs, so why should JPM's shareholders be allowed to collect such massive government subsidized profit without being obligated to give any of this money back? $14 billion is a huge sum of money to be making while the rest of the world suffers. Shouldn't there be some kind of cap, or limit put into place for situations just like this? It's not they're doing anything spectacular with these government subsidized profits anyways, evidenced in a recent report from Bloomberg which showed that starting in 2017, the 4 largest banks returned $1.26 to shareholders over a period of 3 years for every $1.00 that they earned in net income — either in the form of share buybacks or dividends.

    The federal reserve act requires that excess profits earned through the collection of interest on loans are to be returned back to the federal government, so maybe it's time that we start applying a similar approach to these mega-banks, and finally begin forcing these TBTF financial institutions to share some of these monstrous profits with the general public.

    Is that really so much to ask at this point?

    On top of all of this, lawsuits have even revealed that in addition to being granted the right to collect such mind-boggling government subsidized profits without having to give any of this money back, these massive corporations are also working together behind closed doors under the guise of front organizations for the purpose of conspiring to block competition. Yes, they will even go so far as to band together to block companies from accessing key financial services — the very same financial services that are technically only available through them..

    Yes, so even if you do — somehow, someway — manage to get your foot in the door at this exclusive, secret club, apparently it doesn't even matter what you have to offer sometimes, because they may just wake up on the wrong side of the bed one day and just decide to block you anyways!!

    Go figure!

    But of course, if it ever comes to the point where one of these massive, gov subsidized multi-national banking organizations believes that it is more profitable to simply rip you off rather than do their jobs and take actual risk, have fun trying to sue them for the damages. Just ask $COOP investors how long they've been waiting on their settlement. Or better yet, the teams of high powered lawyers that allegedly meet in secret on an annualized basis to devise schemes so they can combat all of the pissed off companies and people that are constantly filing lawsuits against them!

    Yes, they get together in secret — their lawyers — so you can rest assured that the chances of you being treated fairly are most likely slim to none, especially if you happen to be unfortunate enough to be one of their customers, because if that's the case, then expect to be automatically stripped of the right to a fair trial, forced into mandatory arbitration, and assessed by FINRA — the self-regulator that they openly admit to owning and controlling.

    You can't make this stuff up!!

    One could even go so far as to argue that it is these very relationships that are providing the foundation for the alarming gap between the rich and the poor in the United States. If a small handful of entrenched financial institutions can just simply, at the wave of a wand, subsidize their margins, and their losses, at what point do they cease to be simply 'private corporations', and more like extensions of government.

    submitted by /u/interestingstuff6
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    Reddit VS The Market

    Posted: 11 Oct 2020 06:27 PM PDT

    Hello everyone,

    How many times have you heard someone on Twitter say that a particular stock will go up? The "guru" might pair their choice with a few good reasons as to why their choice is a sure bet. I don't know about you, but I've gone along with pundits' choice on multiple occasions, and I've paid dearly for listening to their advice. As an investor, I need to be able to determine which "stock gurus" I can trust in gaining a new perspective on a stock. I began wondering if there was a way to judge someone's pick based on his/her previous suggestions.

    I thought it would be interesting to look at how well stocks redditors' had suggested performed since they suggested it. I built a dashboard in Google Data Studio to analyze the processed data. I created a medium article that explains how I went about creating the program, and you can read that here.

    If you'd like to go straight to the dashboard, you can click here.

    submitted by /u/adhamsuliman1993
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    Moving from tech to infrastructure stocks

    Posted: 11 Oct 2020 08:50 AM PDT

    Just want to get people's thoughts and opinions. I have shares in both Apple and Tesla and am concerned they are going to be making the moves I need in the next 2 years.

    Heard that some infrastructure stocks may be the best play for the type of investments in looking for.

    So my question for everyone here. Are you holding Apple and Tesla? Or are you getting out now. If so what stocks/ types of stocks, do you feel will be a better investment?

    submitted by /u/Double_Joseph
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    Why are so many stocks at an all time high?

    Posted: 11 Oct 2020 03:55 PM PDT

    First of all I'll point out that I'm just getting into stocks now, I'm basically clueless but am trying my best to learn and read up on as much as I can. I like looking at stock price history charts and notice that so many seem to have skyrocketed recently. Examples:

    Apple took until 2010 to reach $10 a share, I always assumed it would have been much higher back then. At the start of this year it was about $80 after already rising quickly in previous years, now it's nearly at an all time high at $116.

    Microsoft was around $30 for quite a while, hit $100 a couple of years ago and now is at over $200.

    Telsa is go up very quickly, this year it finally hit $100 and is now $400 and rising.

    A few sports betting stocks I looked up both doubled or even went quadrupled recently.

    I know certain industries have fallen due to certain factors but why have so many, including a lot of cheaper under $20 stocks I'm looking into gone so high so quickly? Again I am a complete beginner to this but how can so many stocks go to all time highs so quickly? Especially with a pandemic going on, can someone explain this?

    submitted by /u/xbonebox
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    Older investors, how do you manage for volatility.

    Posted: 11 Oct 2020 08:24 PM PDT

    Sell before the US election?

    Posted: 10 Oct 2020 09:11 PM PDT

    I have around $50k in Fidelity index funds in my Roth IRA, and have gained about 20% across the board from my initial investments 3+ years ago. I have always been a cautious investor, and learned that going the index fund route for all investments is a safe bet, plus with low fees and expense ratios, it seemed like the most bang for buck. That said, the kangaroo stock market has me interested in throwing a bit of money at stocks to see what happens. I put in some money to AMD stock and already have a 25% return since initially investing a few months back. At 28 years old, I feel like I could be a bit more risky.
    My understanding is that with the ROTH IRA, any money I make in that account, I will not have to pay taxes or capital gains when withdrawing. Would there be any advantage to dumping funds now that the market is quite high, and waiting to see how rocky this election is? Then buying funds again when there is a dip? With the current political climate, I really can't see the election going smoothly, leading to people selling across the board, regardless of who actually wins. Plus if we get into a constitutional crisis, even more reason to be out of the markets.

    Any thoughts on this? Is this a super rookie move, and should I just stick with the bogleheads methods of long term strategy? Can we even have long term strategies in the current day and age?

    submitted by /u/hairbear1234
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    Amzn Stock and it’s future

    Posted: 11 Oct 2020 08:08 PM PDT

    So we all clearly have seen amazons insane growth over the past 5 years, mostly this past year. Do you guys see amazon remaining as a powerhouse in the economy for years to come? I just don't see how Amazon could fall off the map from what we have seen lately. Would love to see all of your perspectives on this!

    submitted by /u/assassssaalllkh
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    Paying estimated taxes and realize profits on a quarterly basis or end of the tax year?

    Posted: 11 Oct 2020 07:57 PM PDT

    Paying estimated taxes and realize profits on a quarterly basis or end of the tax year? Was wondering what is the consensus for most people here? What if one subsequent quarter you have been net loss? Does that notify/reduce your overall tax burden at the end of tax year? Thanks in advance!

    submitted by /u/onhermajestysecret
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    any site to trade stocks and invest for a non us citizen (3er world country) with paypal?

    Posted: 11 Oct 2020 07:11 PM PDT

    thats it, i want to get into trading, to learn and do small investment but i have serious problems getting any webpage that allow people of my country to participate (Chile south america), im interest in stock / investment and crypto

    any help? i have a paypal account, i know the fees of paypal are actually high but is not that i have any other choice

    submitted by /u/dpv20
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    Actively Managed Funds (Your Picks) vs Index Funds?

    Posted: 11 Oct 2020 03:12 PM PDT

    So we all know the conservative mantra of just putting money in the index linked funds and let it work for you.

    Almost everyone says put 70-80% of your money in VTI and the remaining in VXUS incase the US market is stale.

    Others will say VOO/IVV but the reasoning is pretty identical to the above sentiment just a bit more focused on US market and in particular the S&P heavy weights.

    However I am curious if anyone would recommend actively managed funds over those and why? Can you show details of great actively managed ones with the same reputation as the above heavy weights? Can you show the profits or other reasonings on why this is the way to go?

    submitted by /u/Godkingcoconut
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    Anyone have trouble getting over a bad trade?

    Posted: 11 Oct 2020 06:26 PM PDT

    It's not so much the money but the fact I had a great pick and fudged it up with a bad decision and listening to other people's anxieties. If I didn't make that move I'd be up 600%. It's almost unheard of. Everyone told me it was impossible. I just got super lucky but ended up messing it up. No I won't say what stock. If you need one then I guess I'll tell you it was apple.

    submitted by /u/vagueambiguousname
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    Earnings Season Starting! How to make money short term trading them

    Posted: 11 Oct 2020 03:20 PM PDT

    What you need to know going into earnings season this week-

    Obviously we got banks kicking off the season and they are all running up into earnings reports right now. They are all at the top end of their trend ranges AND KRE the banking ETF is hitting 200 day average as resistance right now. If banks miss their earnings there is going to be a lot of downside potential to short especially with put options!

    Next thing i should point out for options traders is that EDU is at its all time highs currently and there can be a lot of potential post earnings there too. DPZ was at its all time highs last week and we called the reversal. If EDU were to miss earnings theres a high probability it could react the same way and tank.

    I have all the important earnings highlighted in my video and things you should know if you want to check it out. Its gonna be an awesome week and I can't wait!

    -https://youtu.be/bTBj0lzS5n0

    submitted by /u/Zabit2
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    Young investor. Debt free. Looking for everyone’s upcoming plays.

    Posted: 11 Oct 2020 01:05 PM PDT

    I am 23 years old and just started my first job a few months ago. Currently I have more money than I have ever had in my life and I aware of the blessing and the curse that comes with increased financial freedom. I have graduated with a BBA (Bachelor in Business Administration) and a MSF (Master of Science in Finance). Luckily, I have no debt due to my college being paid for with my parents college fund. I understand my position financially and want to make the right choices with this money.

    I have witnessed many people who make poor financial choices and have even been victim of them. It is interesting to see the appeal of quick and easy "opportunities" such as r/Wallstreetbets or sports gambling. Many people who take on these risks will also attribute their success to their own greater judgement and their failure to random factors.

    I want to know from this subreddit, are you buying into the stock market now? what stocks are you choosing? Are you looking for long or short term plays? Does the election have any effect on your investing?

    Older investors: Should you be riskier with your money when you are young like me? Your best stock picks of your career? Retirement account strategies?

    Feel free to ask me questions as well!

    submitted by /u/hootmoney0
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    CRISPR ETFs – ARKG vs PBE ... or GNOM?

    Posted: 11 Oct 2020 09:31 AM PDT

    So now that CRISPR pioneers have won a Nobel Prize, seems likely there will be renewed interest in it, and new investments/companies.

    Based on other posts, seems like in general people like ARK-funds, but I was just curious about other ETFs in the same space ... I was interested in PBE, but looks like their holdings a little more tertiary when it comes to CRISPR (i.e. REGN + GILD, which I assume incorporate it into their processes, but it's in no way core business) .

    Anyone been tracking this, have thoughts?

    submitted by /u/hauntedhivezzz
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    Clsk

    Posted: 11 Oct 2020 08:56 AM PDT

    Sabby bought a chunk of clsk and a short interest piece came out all while they were doing a 9 dollar offering. The lowest it got was 9.10. I'm long clsk and like what they're doing but does anybody have experience with sabby? How long does it take for him to start lowering the price? Could it be people know its bullshit or will it start going down tomorrow?

    submitted by /u/poopdeflex
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    Trading before/after ETF rebalancing

    Posted: 10 Oct 2020 11:34 PM PDT

    Would you say this a profitable investing method?

    Like if you were to trade right before a ETF rebalances, and that ETF buys/sells that stock, affecting the stock price.

    e.g. If AAPL stocks skyrocketed in market cap since the last rebalancing, since QQQ would increase AAPL's portion in it's investment, it would buy more stocks at rebalancing day, driving the price higher. So if I were to buy AAPL stocks right before rebalancing and were to sell right after it, would I make money?

    Would you say this is sustainable?

    P.S. sorry english isn't my first language so the sentences might not make sense but I think you'd get the point

    submitted by /u/secrecy_is_a_virtue
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