| Apple and Netflix Discussed Acquiring ‘Bond’ Movie for Streaming Posted: 24 Oct 2020 06:41 AM PDT https://finance.yahoo.com/news/apple-netflix-discussed-acquiring-bond-231130830.html (Bloomberg) -- Metro-Goldwyn-Mayer Inc. held discussions with Apple Inc. and Netflix Inc. about taking its new James Bond film directly to streaming, according to people familiar with the situation, but the studio says it's committed to a theatrical release. The film, "No Time to Die," could fetch hundreds of millions of dollars in a potential streaming sale, said the people, who asked not to be identified because the discussions were private. MGM declined to comment on any talks, but said the film "is not for sale." Nabbing the rights to "No Time to Die," would have been a major coup for a streaming service and could have helped entice subscribers looking to watch the latest Bond movie. The Daniel Craig film, which cost about $250 million to produce, would be the most notable movie to switch to streaming due to the pandemic, though other films have taken a similar route. submitted by /u/coolcomfort123 [link] [comments] |
| Clean Energy ETFs - ICLN vs. QCLN vs. PBW - Investing for future growth - An in-depth comparison. Posted: 23 Oct 2020 05:06 PM PDT Introduction: This post will focus on breaking down the differences between 3 of the largest clean energy ETFs, QCLN, ICLN, and PBW. The focus will be exclusively on these ETFs and not single stocks. Now is an excellent time to invest in clean energy, According to several sources, renewables are set to represent ¾ of the $12T the world invests in new power technology through 2040. For the US alone almost $2 trillion is the investment needed to implement renewable energy targets by 2030. NOTE: It would be wise to keep a long-term investing mindset. Investments that focus on particular segments of the market can see significant short-term fluctuations in price. Additionally, in the past 10 years, clean energy ETFs have had returns that range from low single-digit gains to low single-digit declines. Alrighty let's get into it. ICLN - iShares Global Clean Energy ETF : Between the 3, ICLN currently has the most assets under management at $2.05B and the lowest expense ratio at 0.46%, however, it is also the least diversified, having only 30 current holdings. This ETF tracks the S&P Global Clean Energy Index. ICLN holds a portfolio of 'clean energy' companies, such as biofuels, ethanol, geothermal, hydroelectric, solar and wind industries. Additionally it also holds companies that develop technology and equipment used in the process. It does not have exposure to the Electric Vehicle Market! Of these 3 it has the most Global Exposure. Top 10 sectors (5 in this case since it doesn't even have 10): - Renewable Energy Equipment & Services - 59.31%
- Electric Utilities - 25.80%
- Independent Power Producers - 9.28%
- Multiline Utilities - 3.28%
- Renewable Fuels - 2.32%
Top 10 holdings: SolarEdge Technologies, Inc. 7.50%, Plug Power Inc. 7.21%, Sunrun Inc. 7.16%, Enphase Energy, Inc. 6.97%, Xinyi Solar Holdings Ltd 6.24%, First Solar, Inc 4.88%, Vestas Wind Systems A/S 4.53%, Siemens Gamesa Renewable Energy, S.A. 4.50%, Contact Energy Limited3.48%, Boralex Inc. Class A 3.42%. (NOTE Total Top 10 Weighting - 55.89%) QCLN - First Trust NASDAQ Clean Edge Green Energy ETF: QCLN currently has $756 million assets under management with the middle expense ratio at 0.60%. Additionally, between these 3 ETFs, it is the second-most diversified with 43 current holdings. This ETF tracks the NASDAQ Clean Edge Green Energy Index, which, compared to the previous, includes a mix of U.S. and Canadian clean energy companies. For this ETF companies are from the following four sub-sectors: advanced materials (that enable clean-energy/reduce need for oil products), energy intelligence (smart grid), energy storage and conversion (hybrid batteries), or renewable electricity generation (solar, wind, geothermal, etc). Top 10 sectors: - Renewable Energy Equipment & Services - 32.34%
- Auto & Truck Manufacturers - 23.97%
- Semiconductors - 13.18%
- Electric Utilities - 7.40%
- Electrical Components & Equipment - 6.97%
- Commodity Chemicals - 5.97%
- Independent Power Producers - 3.21%
- Construction Supplies & Fixtures - 2.45%
- Commercial REITs - 1.70%
- Heavy Electrical Equipment - 0.84%
Top 10 Holdings: NIO Inc. Sponsored ADR Class A 10.00%, SolarEdge Technologies, Inc. 7.03%, Enphase Energy, Inc. 6.53%, Tesla Inc 5.94%, Albemarle Corporation 5.06%, ON Semiconductor Corporation 4.21%, Brookfield Renewable Partners LP 4.08%, Cree, Inc. 3.96%, Universal Display Corporation 3.81%, First Solar, Inc. 3.75%. (NOTE: Total Top 10 Weighting - 54.37%) PBW - Invesco WilderHill Clean Energy ETF: PBW currently has $962 million assets under management with the highest expense ratio of 0.70%, however it is also the most diversified with 48 current holdings. PBW is more diverse than just industry pure-plays like wind, solar, and biofuels, it aims to include companies based on their perceived relevance to the renewable energy space as well. Additionally, it follows a tiered, equal-weighting structure and caps any holding to a tax of 4%. Top 10 sectors: - Renewable Energy Equipment & Services - 44.46%
- Auto & Truck Manufacturers - 13.70%
- Semiconductors - 7.36%
- Commodity Chemicals - 6.74%
- Construction & Engineering - 4.47%
- Industrial Machinery & Equipment - 3.97%
- Electric Utilities - 3.40%
- Heavy Electrical Equipment - 3.17%
- Renewable Fuels - 2.76%
- Agricultural Chemicals - 2.17%
Top 10 Holdings: (Remember 4% cap) JinkoSolar Holding Co., Ltd. Sponsored ADR 3.85%, NIO Inc. Sponsored ADR Class A 3.12%, Lithium Americas Corp. 3.06%, Daqo New Energy Corp. Sponsored ADR 3.02%, SunPower Corporation 2.93%, Livent Corporation 2.85%, Enphase Energy, Inc. 2.69%, SolarEdge Technologies, Inc. 2.68%, Kandi Technologies Group, Inc. 2.61%, Sociedad Quimica Y Minera De Chile S.A. Sponsored ADR Pfd Class B 2.49%. Takeaway/Final Thoughts: Clean energy has a very bright future but the industry is still emerging. For this reason, market risk and price volatility may be higher than the broader market, and ETFs may be more favorable compared to individual stocks. For those looking for a Clean Energy ETF that has more Global Exposure and is more diversified than ICLN, I would recommend checking out PBD - Invesco Global Clean Energy ETF. As always thankyou for reading. This is not all inclusive so please do your own research to supplement, and if anyone else has any other great Clean Energy ETFs that they may prefer please comment! Have a good day everyone! Edit: Most sources would say to limit your cap your exposure to a market sector to 5%. This is, of course, up to personal preference, sector knowledge, and risk tolerance. Edit 2: One User reccomended CNRG, it is similar to PBW with slightly different weighting and more expose to Renewable Energy Equipment and Services. Definitely worth a closer look and consideration! Edit 3: To the user that awarded the Platinum, you seriously made my night. I will drink a beer for you, thankyou! submitted by /u/036Gooddaysir036 [link] [comments] |
| Wall Street Week Ahead for the trading week beginning October 26th, 2020 Posted: 24 Oct 2020 06:40 AM PDT Good Saturday morning to all of you here on r/stocks. 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 October 26th, 2020. There's a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations - (Source)
About a third of the S&P 500 companies report earnings, including Apple and Microsoft, but uncertainty around stimulus and the presidential election could loom larger for markets in the week ahead.
There is also important economic data on the calendar, with a first look at third-quarter gross domestic product Thursday. After the second quarter's shocking 31.4% decline following coronavirus shutdowns, the economy bounced back with growth of 32.5% expected in the third quarter, according to Refinitiv.
Nearly 170 companies report earnings in the coming week, with a diverse group of blue chips among them, including Boeing, Caterpillar, Honeywell, and Merck. There is also a big showing from large tech names. Microsoft reports Tuesday, and Apple, Amazon, Alphabet and Facebook all report in a small window just after the market close on Thursday.
"For some of these stocks that have run a long way, the bar for those stock to respond to good earnings is higher," said Julian Emanuel, head of equities and derivative strategy at BTIG.
So far about 85% of S&P companies that have reported earnings beat estimates, about 20 percentage points more than the long term average. Companies have been reporting earnings more than 16% above estimates, and the expectation is that earnings overall will be down about 18%, based on actual results and forecasts, according to I/B/E/S data from Refinitiv.
The Dow Jones Industrial average fell 0.95% for the week, breaking a 3-week win streak as coronavirus fiscal negotiations dragged on and tech shares declined.
"We've offered compromises, the speaker on a number of issues is still dug in," said Treasury Secretary Steven Mnuchin on Friday. "If she wants to compromise, there will be a deal. But we've made lots of progress in lots of areas, but there's still some significant areas that we're working through."
His comments knocked stocks down a bit midday Friday.
"It's been a muted reaction to earnings overall," said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. "So I'm disappointed, in a way, as a fundamentally focused chief investment officer, that the stimulus saga seems to be what it's all about day in and day out, hour by hour. It's the stimulus saga, the election looming and the Covid resurgence. Those three things have sort of made earnings a page four story."
With a week to go before the Nov. 3 election, the market could be a bit more volatile, especially if the outcome looks increasingly less certain.
"The market is going to focus on the state of stimulus. It's going to focus on whether the polls are tightening or widening with regard to the probability of having an unclear outcome, contested outcome or both," said Emanuel.
Former vice president Joe Biden's lead has narrowed slightly but he is still ahead in swing state polls.
"We are experiencing a little bit of the calm before the storm here. I do think we are going to get some 1%, 2% daily moves depending on the news...I think you could see a 3% to 5% down opening the following day [after the election] pretty easily," said Grohowski. "I think the market has grown increasingly comfortable with a cleaner result, even if the cleaner result is an all blue result, which potentially would result in a higher tax regime."
Strategists say the market began to focus more on the possibility of a Democratic sweep, where Democrats take the White House and Congress. That could mean a bigger stimulus package, and some strategists believe tax hikes would be delayed until the economy is on more solid ground.
"As we get closer to the election, we're likely to see more volatility no matter what the outcome," said Grohowski.
Emanuel said investors are not adequately hedged for an uncertain outcome. "Active managers have the most net long positions they've had in a number of years because they're fearful of missing a year-end rally," said Emanuel. "The options market in no way, shape or form is telling you people are hedged right here. The market is discounting a slight volatility, not expected to be persistent into year end."
Emanuel said the options market indicates investors do expect some volatility but not through year end, as some investors began hedging for several months ago.
"What we see by and large is again the bump in volatility. It's really only anticipating a 2% or 3% move in the market either way, after the election, and then the expectation is to likely moderate after that," Emanuel said.
The final trading day of October is on Friday, so there could also be some added volatility as fund managers readjust their portfolios between bonds and stocks. In the past week, Treasury yields broke out of a four-month range. The 10-year yield rose above 0.80% for the first time since June, and while it could move higher, strategists expect its move to be contained.
This past week saw the following moves in the S&P: Major Indices for this past week: Major Futures Markets as of Friday's close: Economic Calendar for the Week Ahead: Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close: S&P Sectors for the Past Week: Major Indices Pullback/Correction Levels as of Friday's close: Major Indices Rally Levels as of Friday's close: Most Anticipated Earnings Releases for this week: Here are the upcoming IPO's for this week: Friday's Stock Analyst Upgrades & Downgrades:
Nasdaq vs. Dow Outperformance You may not realize it, but while the Tech-heavy Nasdaq Composite is up a ridiculous 28% so far in 2020, the Dow Jones Industrial Average is still in the red on the year. Below is a table showing the Dow and Nasdaq's annual percentage change since 1972 when the Nasdaq came into existence. Were the year to end now, the Nasdaq would be outperforming the Dow by 28.65 percentage points. This would be the third strongest outperformance for the Nasdaq on record and the strongest since 1999 when the spread was 60 percentage points! Below are all years since 1972 in which the Nasdaq outperformed the Dow by at least ten percentage points. The Nasdaq has posted an annual gain of 20%+ in seventeen different years, but never in a year when the Dow was in the red. Probably the year that most resembles 2020 in terms of the performance spread is 1979 when the Nasdaq rose 28.11% and the Dow rose just 4.19%. Following that year in 1980, both the Dow and Nasdaq surged again and the Nasdaq outperformed by another 18.9 percentage points. Interestingly, of the twelve years where the Nasdaq outperformed the Dow by more than ten percentage points, the Nasdaq went on to beat the Dow again in the next year eleven out of twelve times. The only time we've seen the Nasdaq crumble versus the Dow in the following year was in 2000 after 1999's outperformance. In 1999, the Nasdaq beat the Dow by a humongous 60 percentage points. After that large gap, though, the Nasdaq ran out of gas in 2000 and underperformed the Dow by 33 percentage points when the Dot Com Bubble finally burst.
Leading Indicators Show Slowing Pace of Economic Recovery The Federal Reserve's (Fed) Beige Book presented qualitative data that suggested the pace of the economic recovery had been tapering, as we discussed in the LPL Research blog, Beige Book Shows Pace of Recovery is Moderating, but now we have quantitative data that is confirming the survey data. The Conference Board's Leading Economic Index (LEI) increased 0.7% month over month in September to beat Bloomberg consensus expectations of 0.6%, but slowed after rising 1.4% in August and 2% in July. As shown in the LPL Chart of the Day, the leading indicators are still growing, but at a slower rate than the blistering pace seen in the initial months after emerging from lockdowns. Growth in the LEI in September was primarily driven by the improvement in jobless claims, as well as continued strength in building permits for new private housing—a trend that matches the behavioral shifts to accommodate work from home conditions during the pandemic. The pullback in stock prices last month and manufacturers' new orders were the lone detractors from the LEI in September. "It comes as no surprise that growth began to level off after the surge over the summer, and the softer LEI print is suggesting the economy could be losing momentum heading into the fourth quarter," said LPL Chief Investment Officer Burt White. "However, despite the slowing momentum, we still expect solid economic growth in Q4, just not quite at the same rate in Q3." The decline in manufacturers' new orders is likely in relation to election uncertainty, which should prove transitory. However, the recent rise in COVID-19 cases in both Europe and the United States may cause business activity to slow, even if no additional lockdowns are mandated. As we head into the fourth quarter, we will continue to monitor real-time data for any additional clues about the pace of the economic recovery.
Halloween Trading Strategy: S&P 500 Up 85% of the Time Next week provides a special short-term seasonal opportunity, one of the most consistent of the year. The last 4 trading days of October and the first 3 trading days of November have a stellar record the last 26 years. From the tables above & below: - Dow up 77% of the time, 20 of last 26 years, average gain 2.05%.
- S&P up 85% of the time, 22 of last 26 years, average gain 2.11%.
- NASDAQ up 85% of the time, 22 of last 26 years, average gain 2.67%.
- Russell 2000 up 77% of the time, 20 of last 26 years, average gain 2.31%.
Many refer to our Best Six Months Tactical Seasonal Switching Strategy as the Halloween Indicator or Halloween Strategy and of course "Sell in May". These catch phrases highlight our discovery that was first published in 1986 in the 1987 Stock Trader's Almanac that most of the market's gains have been made from October 31 to April 30, while the market tends to go sideways to down from May through October. Recent market weakness has held off our Seasonal MACD Buy Signal so far, but it could trigger anytime now. Uncertainty abounds with surging covid-19 cases, a heated presidential election and persistently elevated unemployment. However, each day that passes is one day closer to a covid-19 vaccine. Interest rates are low and ample liquidity is available to support the market and the economy. Additional fiscal stimulus also appears to be coming soon. Debate continues on the amount, but both parties do appear to agree it is needed in one form or another.
"Quitters" Like an old pair of "quitters" that keep falling down because their elasticity is shot, the market has had its own trouble staying up over the last few trading days. Today isn't over yet, but if the S&P 500 finishes around current levels it will mark the fourth straight day of finishing down at least half of one percent from its intraday high. Compared to the three days before, today's pullback from an intraday high has actually been pretty mild up to this point. Following Monday's 2%+ decline from the intraday high shortly after the open, yesterday, the S&P 500 traded down close to 1% from its afternoon high. These two reversals followed Friday's late-day sell-off when the S&P 500 finished the day down 0.75% from its intraday high. While it's disheartening to see the market erasing early gains as the day goes on, it's helpful to put the last four trading days into perspective. Over the last 25 years, it hasn't been uncommon for the S&P 500 to finish the day down at least 0.5% from an intraday high for four days in a row. The current streak, if it holds, would be the 158th such streak of four or more days. That works out to more than six a year. There have also been a number of streaks that were much longer than the current one. In fact, it was only a month ago that the S&P 500 went 11 straight days of finishing the day down at least 0.5% from its intraday high, and besides that streak, there have been five other streaks that spanned ten or more trading days.
October Optimism For Homebuilders Given housing inventories remain historically low thanks to still strong demand, homebuilders have plenty to be optimistic about. The National Association of Home Builders (NAHB) has continued to show this strength as its monthly sentiment survey set a record high for the month of October. Back in August, the index tied the previous record level of 78 from December of 1998. Over the past two months, it has only raised that bar, coming in at 85 this month; 2 points above forecasts and last month's reading of 83. The rise in the index comes on broad strength across each of the sub-indices. Present Sales, Future Sales, and Traffic all matched or made record highs in October. The only sub-index that was not higher was for Traffic, though, it was unchanged at a record high. As for the look across each of the four US regions, the West and Northeast both saw sizeable upticks to new records, but sentiment in the Midwest and South were actually slightly lower. For the Northeast, this is the third record in a row. Meanwhile, the West's record high in October finally surpassed the prior high of 91 from October of 2005. Finally, even though sentiment fell in the Midwest and South, both remain at higher levels now than any month other than September's record highs.
STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending October 23rd, 2020 ([CLICK HERE FOR THE YOUTUBE VIDEO!]()) (VIDEO NOT YET POSTED.) STOCK MARKET VIDEO: ShadowTrader Video Weekly 10.25.20 ([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-
- $AAPL
- $AMZN
- $MSFT
- $AMD
- $UPS
- $FB
- $SHOP
- $BA
- $HAS
- $PFE
- $SMPL
- $MMM
- $TWLO
- $GE
- $FSLY
- $PINS
- $NOK
- $TWTR
- $MRNA
- $CHGG
- $ETSY
- $SAP
- $CAT
- $LGND
- $FVRR
- $SPOT
- $GOOGL
- $LLY
- $GILD
- $RTX
- $TDOC
- $OSTK
- $V
- $ATVI
- $MA
- $XOM
- $ABBV
- $HCA
- $SHW
- $F
- $NVS
- $NRZ
- $MRK
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 10.26.20 Before Market Open: Monday 10.26.20 After Market Close:
Tuesday 10.27.20 Before Market Open: Tuesday 10.27.20 After Market Close:
Wednesday 10.28.20 Before Market Open: Wednesday 10.28.20 After Market Close:
Thursday 10.29.20 Before Market Open: Thursday 10.29.20 After Market Close:
Friday 10.30.20 Before Market Open:
Friday 10.30.20 After Market Close:
Apple, Inc. $115.04 Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Thursday, October 29, 2020. The consensus earnings estimate is $0.69 per share on revenue of $63.72 billion and the Earnings Whisper ® number is $0.80 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 77.23% with revenue decreasing by 0.50%. The stock has drifted lower by 72.0% from its open following the earnings release to be 27.7% above its 200 day moving average of $90.06. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, October 8, 2020 there was some notable buying of 84,327 contracts of the $140.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 6.1% move on earnings and the stock has averaged a 3.9% move in recent quarters.
Amazon.com, Inc. - Amazon.com, Inc. (AMZN) is confirmed to report earnings at approximately 4:10 PM ET on Thursday, October 29, 2020. The consensus earnings estimate is $7.27 per share on revenue of $92.82 billion and the Earnings Whisper ® number is $7.93 per share. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 71.87% with revenue increasing by 32.64%. Short interest has decreased by 24.0% since the company's last earnings release while the stock has drifted lower by 1.2% from its open following the earnings release to be 24.4% above its 200 day moving average of $2,576.07. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 16, 2020 there was some notable buying of 5,419 contracts of the $3,300.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.0% move in recent quarters.
Microsoft Corp. $216.23 Microsoft Corp. (MSFT) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, October 27, 2020. The consensus earnings estimate is $1.53 per share on revenue of $35.67 billion and the Earnings Whisper ® number is $1.62 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 10.87% with revenue increasing by 7.91%. Short interest has decreased by 8.1% since the company's last earnings release while the stock has drifted higher by 4.4% from its open following the earnings release to be 14.1% above its 200 day moving average of $189.52. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 16, 2020 there was some notable buying of 96,053 contracts of the $250.00 call expiring on Friday, December 18, 2020. Option traders are pricing in a 4.5% move on earnings and the stock has averaged a 2.3% move in recent quarters.
Advanced Micro Devices, Inc. $81.96 Advanced Micro Devices, Inc. (AMD) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, October 27, 2020. The consensus earnings estimate is $0.35 per share on revenue of $2.56 billion and the Earnings Whisper ® number is $0.37 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 94.44% with revenue increasing by 42.14%. Short interest has decreased by 43.5% since the company's last earnings release while the stock has drifted higher by 8.6% from its open following the earnings release to be 34.7% above its 200 day moving average of $60.86. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 23, 2020 there was some notable buying of 19,549 contracts of the $90.00 call expiring on Friday, October 30, 2020. Option traders are pricing in a 9.0% move on earnings and the stock has averaged a 5.9% move in recent quarters.
United Parcel Service, Inc. $171.90 United Parcel Service, Inc. (UPS) is confirmed to report earnings at approximately 6:00 AM ET on Wednesday, October 28, 2020. The consensus earnings estimate is $1.82 per share on revenue of $19.95 billion and the Earnings Whisper ® number is $2.01 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 12.08% with revenue increasing by 8.91%. Short interest has decreased by 57.4% since the company's last earnings release while the stock has drifted higher by 24.9% from its open following the earnings release to be 42.1% above its 200 day moving average of $120.99. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, October 8, 2020 there was some notable buying of 5,193 contracts of the $195.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 7.9% move on earnings and the stock has averaged a 7.7% move in recent quarters.
Facebook Inc. $284.79 Facebook Inc. (FB) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, October 29, 2020. The consensus earnings estimate is $1.92 per share on revenue of $19.64 billion and the Earnings Whisper ® number is $2.03 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 9.43% with revenue increasing by 11.26%. Short interest has decreased by 16.8% since the company's last earnings release while the stock has drifted higher by 11.3% from its open following the earnings release to be 26.9% above its 200 day moving average of $224.40. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 23, 2020 there was some notable buying of 22,964 contracts of the $300.00 call expiring on Friday, October 30, 2020. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 4.9% move in recent quarters.
Shopify Inc. - Shopify Inc. (SHOP) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, October 29, 2020. The consensus earnings estimate is $0.53 per share on revenue of $636.31 million and the Earnings Whisper ® number is $0.84 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 178.95% with revenue increasing by 62.93%. Short interest has decreased by 4.8% since the company's last earnings release while the stock has drifted lower by 7.3% from its open following the earnings release to be 36.7% above its 200 day moving average of $750.62. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, October 20, 2020 there was some notable buying of 1,056 contracts of the $950.00 put expiring on Friday, November 20, 2020. Option traders are pricing in a 8.4% move on earnings and the stock has averaged a 6.8% move in recent quarters.
Boeing Co. $167.36 Boeing Co. (BA) is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, October 28, 2020. The consensus estimate is for a loss of $2.23 per share on revenue of $14.56 billion and the Earnings Whisper ® number is ($2.01) per share. Investor sentiment going into the company's earnings release has 20% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 253.79% with revenue decreasing by 27.13%. Short interest has decreased by 12.0% since the company's last earnings release while the stock has drifted lower by 3.2% from its open following the earnings release to be 12.5% below its 200 day moving average of $191.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 16, 2020 there was some notable buying of 24,464 contracts of the $170.00 call and 12,348 contracts of the $170.00 put expiring on Friday, November 20, 2020. Option traders are pricing in a 6.3% move on earnings and the stock has averaged a 2.5% move in recent quarters.
Hasbro, Inc. $92.00 Hasbro, Inc. (HAS) is confirmed to report earnings at approximately 6:30 AM ET on Monday, October 26, 2020. The consensus earnings estimate is $1.67 per share on revenue of $1.78 billion and the Earnings Whisper ® number is $1.72 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 9.24% with revenue increasing by 13.00%. Short interest has decreased by 6.6% since the company's last earnings release while the stock has drifted higher by 22.6% from its open following the earnings release to be 17.6% above its 200 day moving average of $78.24. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 23, 2020 there was some notable buying of 1,315 contracts of the $95.00 call expiring on Friday, October 30, 2020. Option traders are pricing in a 11.1% move on earnings and the stock has averaged a 9.3% move in recent quarters.
Pfizer, Inc. $38.18 Pfizer, Inc. (PFE) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, October 27, 2020. The consensus earnings estimate is $0.70 per share on revenue of $12.27 billion and the Earnings Whisper ® number is $0.77 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 6.67% with revenue decreasing by 3.23%. The stock has drifted lower by 0.9% from its open following the earnings release to be 6.0% above its 200 day moving average of $36.03. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, October 13, 2020 there was some notable buying of 51,244 contracts of the $41.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 6.2% move on earnings and the stock has averaged a 3.2% move in recent quarters.
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/stocks. submitted by /u/bigbear0083 [link] [comments] |
| Where or how can I learn to trade stocks properly? Posted: 24 Oct 2020 04:44 AM PDT I've been a retail trader for about four years now, and I've been trying to learn as much as I can whether it's financials, technicals, options (don't like to mess with these, feels like gambling), and earnings. My only issue is after 4 years, only about 50-60% of my trades are profitable. Granted it was MUCH worse when I started. I need that number to get higher if I want to take stocks even more seriously. Thank you for any replies. Edit: forgot to add that I would like to learn how to form a strategy because mine is basically buying oversold and undervalued assets, but that doesn't work in this crazy market for the past year. submitted by /u/Boring-Marionberry [link] [comments] |
| I am having tough times. Posted: 24 Oct 2020 01:17 PM PDT Hello everyone, I had a feeling that I need to talk someone. I felt this group is the most closest to me, so I decided to write here. Overall I love you guys so much, I know we have not meet each other yet, but still love you guys and wish the best.. submitted by /u/turkuazhole [link] [comments] |
| Canada Nickel Makes Third New Discovery at Crawford Nickel-Cobalt Sulphide Project Posted: 24 Oct 2020 11:55 AM PDT |
| AAPL receives $10B a year from GOOG to make Google’s homepage the default page on Safari. Posted: 24 Oct 2020 01:06 PM PDT Apple receives $10B a year to show Google's homepage by default on Safari. If Apple was to introduce their own search engine, this practice would obviously cease. For almost anyone else, it would be laughable to try and compete with Google's search engine, but we are talking about a company with more cash than any other, ever. They could afford it and if they were successful, the ad revenue would become a significant part of their business. The linked article shows ample evidence that Apple is moving towards launching a search engine offering. Has this been factored into Apple and Google's stock price? Given Apple recently reach ATH of $125 a share and is now at $115 ($116 after hours), it could represent a very good entry point to take advantage of this being introduced in 2021. https://www.coywolf.news/seo/apple-search-engine/ submitted by /u/zipiddydooda [link] [comments] |
| Different way to play the e-commerce game Posted: 24 Oct 2020 09:28 AM PDT I've been ruminating about the cardboard box industry. Amazon, target, etc all use cardboard extensively for their business. They are all obligated to have some sort of shipping container for the last mile delivery. It could be bags for small items but it typically must be cardboard for the bigger boxes. Any thoughts on this as the basis for an investing strategy? submitted by /u/tuxedonyc [link] [comments] |
| Do you use stops to protect yourself? Posted: 24 Oct 2020 08:34 AM PDT I'm a noob to trading. I'm learning to swing trade. Many times I pick a stock and right about the direction it will go but I get stopped out, because I move my stop once the price has increased. Should I leave stop in place and only move it once I made at least 2:1 R? submitted by /u/Human-Wafer-9483 [link] [comments] |
| Request Candlestick pattern wallpaper Posted: 24 Oct 2020 11:11 AM PDT While perusing the variety of Youtube's on stock strategies I saw someone using a desktop wallpaper that contained candlesticks patterns. The patterns were both Bullish and Bearish and included the name of the pattern as well as some nice coloring. I tried hunting for this background for the last few days but i cant seem to find a good one that isnt just some thumbnail or undersized photo. Do any of you happen to have a link or copy of this background that I might apply to my own desktop? submitted by /u/OmniShawn [link] [comments] |
| Long term retirement portfolio allocation help Posted: 24 Oct 2020 10:51 AM PDT Hello everyone. I am currently in the process of putting together a passive long term investment portfolio for my parents. However with so many etfs to choose from, it's proving to be quite difficult. Needless to say I've been researching this for about 3 months and this is the portfolio I have come up with. Please have a look and let me know what you think I should add or remove. Thank you! Portfolio: iShares Core S&P U.S. Total Market Index ETF XUU 0.07 (20%) (gives you access to total US Equity market) iShares Core S&P 500 Index ETF XUS 0.09. (25%) (access to top 500 biggest companies in US Equity Market) iShares Core S&P/TSX Capped Composite Index ETF XIC 0.05. (20%) (gives you access to total CANADIAN Equity market) iShares S&P/TSX Composite High Dividend Index ETF XEI 0.20 (10%) (gives you access to HIGH dividend CANADIAN Equity market) iShares U.S. High Dividend Equity Index ETF XHU 0.30 (10%) (gives you access to HIGH dividend US Equity market) iShares Canadian Government Bond Index ETF XGB 0.35. (10%) (gives you access to government backed Canadian Bonds) iShares Gold Bullion ETF CGL.C 0.50 (5%) (Hedge on equity with gold) submitted by /u/rockieeee [link] [comments] |
| Facebook earnings / content cleanup Posted: 24 Oct 2020 06:56 AM PDT So I had a thought and wanted peoples opinion on it. FB has been focusing on content clean as of the past couple of weeks. Do you think this is so they would have some positive news during earnings, because they might be falling short on some key metrics? EPS User growth Active users Etc submitted by /u/krishan89 [link] [comments] |
| Swing trading SPXL? Posted: 24 Oct 2020 01:35 PM PDT I had a strategy in mind that I am sure has been talked about. Has anyone considered Swing trading SPXL such that you buy at close of day 1 (around 3:59PM) and sell around 9:30 or 10AM the next day depending on the flow and if it opens green. If it opens red, then just hold since it eventually should turn green because the underlying is SPY. It has been seen that SPY has somewhat followed the pattern of opening higher than previous close even if SPY will close red that day due to news that comes out overnight. Any thoughts? On a principal of $20,000, it seems you could make a decent amount of money each day or just hold until break even? submitted by /u/Comfortable-Pin-4921 [link] [comments] |
| Can a 14 year old invest in stocks? Also can someone explain them to me lol. Posted: 24 Oct 2020 01:29 PM PDT Over the past few years I've been obsessed with the thought of always being financially well. So much to the point where I've been wanting to get a job. This started in 5th grade when I noticed how adult I felt doing errands for teachers. It felt really cool; and through my middle school years I had this course named "Staff Aide" which was an upgrade for me. Staff Aide was an upgrade for me because I wasn't just asking for a pen from another teacher unlike 5th grade; I was doing bigger better tasks, all the time! I was assigned staff aide in the library so I was always delivering fees, stamping books, so on. It all felt so cool; and now I want to experience more "grown people" things. Can a minor invest in stocks? Are there any cons? Do you get rich or at least middle class from stocks? submitted by /u/Chantelle_2006 [link] [comments] |
| Time to pull out of Dodge & Cox Stock Fund? Posted: 24 Oct 2020 05:42 AM PDT Hi guys, this continues to be a learning experience for me and my first post here so bear with me here. This investment was meant as a way to grow my first house down payment fund. I plan to buy a house within the next 2 years. I bought $14,000 shares in March 2018 and dollar cost averaged $150 a month from June 2018 - September 2020. My investment is now ($14,000 + $4,200 dca) is $18,200. I hold about 112 shares, and the current price is $174.11, and so my total investment is now worth about $19,500. I am disappointed in how the fund has performed over the past 6 months. Here is the question (and I know there is no crystal ball) but should I sell now before the election - as this money is very important to me and miss on December dividends (usually $1-1.5k) or ride it out through the election? submitted by /u/DwikeSchrude [link] [comments] |
| Earnings? Posted: 24 Oct 2020 01:08 PM PDT As many earnings coming up; do you guys think solaredge will exceed expectations? It's been growing like crazy, but I feel like earnings will cause a correction for the stock, goin back to the low 200s before rising again before the election. submitted by /u/jeffreytang49 [link] [comments] |
| WSJ: Electric-Vehicle Startups Are Wall Street’s Hot New Thing. No Revenue? No Problem. Posted: 24 Oct 2020 12:54 PM PDT Electric-Vehicle Startups Are Wall Street's Hot New Thing. No Revenue? No Problem. Excerpt: A frenzy has hit the sector. Buoyed by the surge in the stock price of electric-vehicle pioneer Tesla Inc. and a rush of blank-check companies that take startups public, investors are hoping to find the future titans of an auto market transformed by a shift away from the internal-combustion engine. Also: Backers of the electric-vehicle companies say the forthcoming electric era of autos has opened the door for a host of new competitors and brands. Regulations in some countries and California requiring more electric vehicles are creating a whole market, investors say, and they are betting the giant auto makers will be unable to pivot fast enough to compete. And: [Blake Denton] learned about Hyliion, which plans to mass produce electric drivetrains for semi-trucks, while looking through posts on the online message board Reddit. The company announced a deal to go public in June by merging with a [reverse merger company] and buzz began to grow online, with some thinking it could be the next Nikola. "I had invested in Hyliion on pure hype—literally pure hype," Mr. Denton said. "I knew nothing about the company." He said he sold after the price went up and made about $50,000. submitted by /u/Torlek1 [link] [comments] |
| CAD/USD Stock Question Posted: 24 Oct 2020 12:27 PM PDT I live in Canada, and use a Canadian brokerage company, I recently purchased a Tesla stock at $418 USD, the stock is now at $420, but my Canadian stock account says I'm down $15, is this due to the conversion rate? Or why is this happening? submitted by /u/J-W-P52 [link] [comments] |
| Thoughts on $MELI? Posted: 24 Oct 2020 08:39 AM PDT Anybody have big positions in this LaTam e-commerce company? My initial DD shows that they are still in the early stages and can possibly double or triple in the next 5 years. Anything I should take note of before investing in this company? On the side note, I already have $AMZN, $BABA and $JD in my portfolio and I feel like $MELI gives a very good exposure to the LaTam market. submitted by /u/zhexiangxd [link] [comments] |
| ENPH earnings? What is your strategy? Posted: 24 Oct 2020 08:31 AM PDT I'm a fellow ENPH holder. Their run up has been insane over the last two months. Their earnings is this coming week. Obviously one should never play the "earnings game". My thinking is that if their earnings exceed, there maybe another small run but if earnings met or fall short, this thing is going to have a massive pullback. A pullback may occur pre earnings due to it being severely overbought. Fellow ENPH holders, what are you doing this week? submitted by /u/WhiteHoney88 [link] [comments] |
| What stocks should I buy regarding e-mobility Posted: 24 Oct 2020 02:05 AM PDT (Beginner trader here) I see a big future in electric cars and so on, and I was wondering if any of you could give me some advice on what stocks I should buy, individual(sadly I have missed my opportunities for Tesla) or index. Preferably something that is available on the EU market too. Any advice is greatly appreciated! submitted by /u/ShrekYeetedMyJuul [link] [comments] |
| Help: looking for block trade alerts via email Posted: 24 Oct 2020 09:14 AM PDT Hi, I thought it would be very easy to find a service that offers intraday block trade alerts via email, but no luck so far. If anyone knows of a service that offers this, or that may offer it, I would greatly appreciate it! submitted by /u/throwitaway63829 [link] [comments] |
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