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    Monday, October 19, 2020

    Stocks - r/Stocks Daily Discussion Monday - Oct 19, 2020

    Stocks - r/Stocks Daily Discussion Monday - Oct 19, 2020


    r/Stocks Daily Discussion Monday - Oct 19, 2020

    Posted: 19 Oct 2020 01:08 AM PDT

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

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    Apple’s first-day pre-orders for iPhone 12 surpassed the iPhone 11, top analyst says

    Posted: 19 Oct 2020 04:58 AM PDT

    https://www.cnbc.com/2020/10/19/iphone-12-pre-orders-sales-exceed-iphone-11-top-analyst-says.html

    First-day iPhone 12 pre-orders surpassed last year's iPhone 11 pre-orders, according to top Apple analyst Ming-Chi Kuo of TF International Securities.

    Kuo said Apple sold up to 2 million iPhone 12 models in the first 24 hours of pre-orders, up from 800,000 units of the iPhone 11 for the same period last year.

    China has the most demand for the new iPhones since the country's 5G networks are more widely available than they are in other countries, he said.

    submitted by /u/coolcomfort123
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    Here is a Market Recap for today Mon, Oct 19, 2020. Please enjoy!

    Posted: 19 Oct 2020 01:08 PM PDT

    PsychoMarket Recap - Monday, October 19, 2020

    Stocks fell after the sell-off accelerated in the last hour of the market, as market participants closely monitored development for a near-term stimulus package and rising coronavirus cases in Europe and the US.

    The Nasdaq (QQQ) finished the day 1.63% down. The S&P 500 (SPY) finished the day 1.49% down and the Dow Jones (DIA) ended the day 1.34% down. Stocks finished deep in the red after the last hour sell-off.

    Over the weekend, there were several developments regarding a coronavirus-relief package. In comments to reporters in Nevada, Pres. Trump said "I want to do a bigger number than she wants [Pelosi's $2.2 trillion proposal]. That doesn't mean all Republicans agree with me, but I think they will in the end. If she would go along, I think they would too, on stimulus." These comments imply that Pres. Trump is willing to propose a higher number than the $1.8 trillion the White House proposed recently. While Republicans have consistently balked at such a high price-tag, maybe Pres. Trump's endorsement can help move the needle.

    In response, House Speaker Nancy Pelosi set a Tuesday deadline for reaching an agreement with the Trump administration to pass stimulus before the November election. She and Treasury Secretary Steve Mnuchin, another key negotiator, reportedly continued to have discussions over the weekend and are scheduled to meet again today. Drew Hamill, Pelosi's spokesperson said, "While there was some encouraging news on testing, there remains work to do to ensure there is a comprehensive testing plan that includes contact tracing and other measures to address the impact on the virus on different communities."

    According to data from John Hopkins, there were 57,000 and 48,000 new cases recorded on Saturday. While this is a marked improvement from 69,000 cases on Friday (the highest one day total since late-July) the numbers appear to be stagnating around the 50,000 new cases per day. The South and the Midwest have been the most hard-hit regions.

    In Europe, there has been a surge in cases, with health and government officials warning of a second wave and imposing new restrictions throughout the continent. The Republic of Ireland will move into "Level Five" restrictions from midnight on Wednesday, the country's highest COVID alert level, for the next six weeks. Switzerland and Italy are imposing a nationwide mask mandate in all public spaces, even outdoors from Monday. In England a three-tier system remains in place, with varying restrictions imposed depending on whether an area is on "medium," "high" or "very high" alert. London is an area of "high alert" meaning members of different households cannot meet in indoor spaces and restaurants, bars have a 10 p.m. curfew, and a ban on gatherings of more than six people. In France, nine cities, including Paris, have been placed under a 9 p.m. to 6 a.m. curfew.

    Highlights

    • Ally Financial (ALLY) had price target raises by Piper Sandler, BMO Capital, and Morgan Stanley from $31 to $34 at OVERWEIGHT, $34 to $36 at OUTPERFORM, and $31 to $38 at OVERWEIGHT, respectively.
    • NextEra Energy Partners (NEP) had price target raised by Credit Suisse from $60 to $69 at OUTPERFORM
    • Snapchat (SNAP) had price target raise by KeyCorp from $29 to $35 at OVERWEIGHT
    • Texas Roadhouse (TXRH) had price target raise by Wedbush from $71 to $82 at OUTPERFORM
    • Bristol-Myers Squibb (BMY) was upgraded by Guggenheim from NEUTRAL to BUY with a target of $70
    • GoodRx (GDRX) had coverage initiated today by a myriad of analysts. mixture of targets ranging from $50 to $70 from Neutral to Buy.
    • ConocoPhillips to buy Concho Resources in an all-stock deal valued at nearly $10 billion
    • AMC announced it is resuming operation in many theaters in state of New York, starting October 23
    • ConocoPhillips to buy Concho Resources in an all-stock deal valued at nearly $10 billion
    • Unions representing over 10,000 Disney theme park workers have told California Governor Gavin Newsom that the Disneyland Resort in Anaheim, California, can safely reopen when its location moves into the state's "orange tier" of COVID-19 test positivity and adjusted case rate.
    • NASA gave Nokia-owned (NOK) Bell Labs a $14.1 million grant to build a 4G network on the moon to help astronauts control lunar rovers, navigate lunar geography in real time, and stream videos. Stock was up 3.44% at the time of writing.
    • Chinese e-commerce giant Alibaba (BABA) said it would pay $3.6 billion to take control of China's largest big-box retailer and a major rival to Walmart (WMT) in the world's most populous nation. The company said it plans to double its stake in Sun Art Retail Group Ltd., which operates more than 480 large supermarket-department stores in China.
    • Influential Taiwan-based analyst Ming-Chi Kuo of TF International Securities writes in a research note that preorder sales of the iPhone 12 and iPhone 12 Pro in the first 24 hours were in the 1.7 million-to-2 million units range, compared with 500,000 to 800,000 units for the iPhone 11,

    "The secret of getting ahead is getting started" - Mark Twain

    submitted by /u/psychotrader00
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    CVS to hire 15,000 workers as it pushes for pharmacy techs to be allowed to administer vaccines

    Posted: 19 Oct 2020 05:36 AM PDT

    "GameStop is offering in select areas a Same-Day Delivery service, allowing customers to have their purchases delivered to their door"

    Posted: 19 Oct 2020 10:36 AM PDT

    October 19, 2020 10:00 ET | Source: GameStop Inc.

    Announces all U.S. stores will be closed Thanksgiving Day

    Commits to bringing more joy to the worlds of gift-givers by hosting more pre-Black Friday sale events than ever before

    GRAPEVINE, Texas, Oct. 19, 2020 (GLOBE NEWSWIRE) -- It's the most wonderful time of the year and GameStop is lending a helping hand to assist gift-givers as they begin their holiday shopping with the release of its 'Ready. Set. Gift.' 2020 Holiday Gift Guide. The 60-page gift guide is filled with the hottest video game and pop culture collectibles merchandise that are sure to be on the wish list of all gamers and collectors.

    With hundreds of video game software, hardware, accessories, pop culture products, board games, apparel and many other gift ideas listed, the 'Ready. Set. Gift.' holiday gift guide is the perfect playbook to help gift-givers navigate through a broad array of merchandise. The holiday gift guide features a complete line of exclusive officially licensed merchandise from many popular franchises, including Star Wars, Pokémon, Marvel, and Fortnite to name a few. Additionally, the gift guide includes a robust list of new video games, including upcoming titles such as Call of Duty: Black Ops Cold War, Cyberpunk 2077, Assassin's Creed Valhalla, Hyrule Warriors: Age of Calamity and many more, as well as gaming hardware from Sony, Xbox and Nintendo, and an expanded lineup of PC hardware and accessories.

    Visit 'Ready. Set. Gift.' 2020 Holiday Gift Guide to see a complete list of products offered this holiday season. Printed editions of the gift guide are now available in stores. Check your local GameStop store for more details.

    ALL GameStop U.S. Stores Closed Thanksgiving Day
    GameStop continues to enhance the way it fulfills orders, from offering more convenient pickup options at its stores to making sure GameStop.com orders arrive at the right time. The company is also going to start offering some its hottest deals of the season earlier than ever before, to make it even easier for customers to complete their holiday shopping.

    With these changes, GameStop also announced today that all U.S. stores will be closed for Thanksgiving Day. For customers looking to do some shopping while relaxing at home during this holiday, www.gamestop.com and the company's new GameStop mobile app will be open and ready to take online orders.

    "While we are passionate about serving our customers, we want both our guests and our associates to have the opportunity to enjoy the Thanksgiving holiday and spend time with family and friends," said George Sherman, chief executive officer for GameStop. "For those customers wanting to do some online shopping, our www.gamestop.com and GameStop mobile app will be open for business all day. We invite our valued customers to take advantage of our omni-channel ecosystem from the convenience and comfort of their homes."

    Customers can select from GameStop's Buy-Online-Pick-Up-in-Store or Ship-From-Store omni-channel platforms to have their purchases ready for in-store pick-up or delivered directly to a certain location. New this year, GameStop is offering in select areas a Same Day Delivery service, allowing customers to have their purchases delivered to their door.

    GameStop is also making it easier for gift-givers to purchase their holiday gifts this year by inviting them to sign up for one of the company's new flexible payment options. Those payment options include the GameStop Credit Card; Buy Now, Pay Later service; and a soon to be offered Rent-to-Own service. To learn more about these new customer services and flexible payment options, visit www.gamestop.com.

    GameStop Black Friday Plans
    GameStop is gearing up for Black Friday. Final details on store hours and Black Friday deals will be revealed soon. This year GameStop is committing to hosting more Pre-Black Friday sale events than ever before to help gift-givers not to worry about finding the video game software, hardware, accessories, or pop culture collectible items on their shopping list. More details on these events to be announced in the coming weeks ahead.

    About GameStop
    GameStop Corp., a Fortune 500 company headquartered in Grapevine, Texas, is the world's largest omni-channel video game retailer, operates over 5,000 stores across 10 countries, and offers the best selection of new and pre-owned video gaming consoles, accessories and video game titles, in both physical and digital formats. GameStop also offers fans a wide variety of POP! vinyl figures, collectibles, board games and more. Through GameStop's unique buy-sell-trade program, gamers can trade in video game consoles, games, and accessories, as well as consumer electronics for cash or in-store credit. The company's consumer product network also includes www.gamestop.com and Game Informer® magazine, the world's leading print and digital video game publication. General information about GameStop Corp. can be obtained at the Company's corporate website. Follow @GameStop and @GameStopCorp on Twitter and Instagram and find GameStop on Facebook at www.facebook.com/GameStop.
    Michael Delgado
    GameStop Public Relations

    submitted by /u/immasebe
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    Morning Market Synopsis - Monday, Oct. 19, 2020

    Posted: 19 Oct 2020 07:58 AM PDT

    US equities mostly lower: Dow (0.07%), S&P 500 (0.14%), Nasdaq (0.21%), Russell 2000 +0.53%

    • US equities mostly lower in Monday morning trading, reversing earlier gains. Communication services and tech among the underperformers with the FAANGs lower. Value groups outperforming, with energy, industrials, and materials the best performers. Treasuries mostly weaker with the curve steepening. Dollar weaker vs euro and sterling while little changed vs yen. Gold up 0.3%. WTI crude up 0.3%, reversing earlier losses.
    • Fiscal stimulus getting most of the headlines on some renewed optimism for a pre-election deal. Mnuchin and Pelosi to speak again this afternoon. McConnell willing to put any bipartisan compromise up for vote in the Senate. However, still myriad stumbling blocks, including Senate Republican opposition. Quiet elsewhere from a headline perspective. China Q3 GDP growth missed but the September activity data surprised to the upside. NAHB housing market index hit another record high in October as housing remains a recovery bright spot in the US.
    • Nothing particularly incremental surrounding the other major topics. On politics, Biden firmly ahead of Trump in the national polls though battleground states closer and much more uncertainty surrounding control of the Senate. In terms of the coronavirus, US and European coronavirus cases and hospitalizations continue to tick higher, but no draconian lockdown measures and vaccine and treatment optimism remains elevated. Earnings beat rate above trend but reaction to early reporters suggests bar is higher.
    • COP-US to acquire CXO-US in an all-stock deal valued at $9.7B. AEL-US rejected $3B takeover proposal from ATH-US and MassMutual and instead announced new partnership with BAM-US , which will acquire a 19.9% stake. ENDP-US to acquire BSTC-US in a deal with an EV of $540M. CREE-US to sell LED products business to SGH-US for up to $300M. LII-US beat and raised on residential strength. HAL-US revenue missed though cost control drove an EBITDA beat. AMC-US up on NY state reopening.

    Notable Gainers:

    • +44.4% BSTC-US (BioSpecifics Tech. Corp): Agreed to be acquired by ENDP-US for $88.50 a share in cash in a deal with an EV of $540M; represents a 45% premium to prior close; deal expected to close in late 2020.
    • +23.5% AMC-US (AMC Entertainment): Announced plans to resume operations at theaters in New York State on 23-Oct; will be operational in 44 of the 45 states in which it has a presence.
    • +9.6% PLAY-US (Dave & Buster's Entertainment): Announced proposed private offering of $500M of senior notes due 2025; funds will be used to repay existing term loan and revolver; estimates that following sale, it will have available liquidity of $299.1M, in excess of a 150M minimum liquidity covenant under the company's revolving credit facility.
    • +6.3% SGH-US (SMART Global Holdings): Agreed to acquire the LED products business from CREE-US for up to $300M; expects deal to be accretive to non-GAAP EPS and FCF; transaction expected to close in Q1 of 2021.
    • +6.1% CREE-US (Cree): Agreed to sell its LED products business to SGH-US for up to $300M; transaction expected to close in Q1 of 2021.
    • +2.6% MCHP-US (Microchip): Upgraded to overweight from equal-weight at Morgan Stanley; cited better margin performance than peers likely to drive stock's multiple higher, also noted underperformance versus peers over the past three years on higher debt and leverage levels.

    Notable Decliners:

    • -16.4% AEL-US (American Equity Investment Life): Rejected $3B takeover proposal from Athene Holding (ATH-US ) and MassMutual, saying it undervalues company; instead announced new partnership with Brookfield Asset Management (BAM-US ) that will see Brookfield acquire a 19.9% stake for ~$37, a 15% premium to Friday's close.
    • -13.8% AERI-US (Aerie Pharmaceuticals): Downgraded to underperform from neutral at BofA; noted consensus estimates look unattainable; also flagged capital overhang and lack of impactful pipeline catalysts.
    • -5.4% MD-US (Mednax): Downgraded to sell from hold at Deutsche Bank; noted benefits from ongoing strategic transformation however sees organic growth targets and operating leverage challenges; Covid has impacted asset sales and restructuring expenses, adding to difficulty in analyzing cost structure.
    • -0.3% SNA-US (Snap-On): Downgraded to underperform from neutral at Longbow Research; said recent end of quarter franchisee check indicated softer growth, increasing product returns, rising account delinquencies; also said recent share price gains on factor rotation, not fundamental improvements.

    09:57:48 AM CDT on 19 Oct '20

    submitted by /u/spacej3di
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    The "buy the dip" conspiracy.

    Posted: 19 Oct 2020 01:12 PM PDT

    Let me preface this by saying that I realize buying the dip is a sound investment strategy.

    However recently I have started to see that idea pushed on commercials for different stock brokerage firms and apps.

    Seems to me that if you could get a giant army of novice investors to buy into that idea, the major players could exit their positions far more profitably. As the stock market is going to inevitably rebound at least somewhat off all the people buying the dip.

    As the market inevitably crashes, all those investors are going to be buying stocks as the market is going down. Leaving millions of bag holders on the other end.

    Just a theory. Thoughts?

    submitted by /u/RobTheProspect
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    Verizon (VZ) awarded contract by Social Security Administration for infrastructure modernization.

    Posted: 19 Oct 2020 07:18 AM PDT

    https://www.verizon.com/about/news/social-security-administration-awards-verizon-contract

    The Social Security Administration (SSA) has chosen Verizon to provide Unified Communication (UC) and Contact Center (CC) services to more than 62,000 SSA employees at 1,300 locations through The Next Generation Telephony Project (NGTP). This project focuses on converging three existing systems to provide an enterprise-wide CC and UC solution upgrade for the SSA.

    I'm long (begrudgingly) on VZ so I'm happy to see some positive news. I'm also not seeing any specifics about the contract yet so I can't tell if this will be a big contract for VZ or just a drop in the bucket.

    submitted by /u/desquibnt
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    Why shouldn't i buy Visa right now?

    Posted: 19 Oct 2020 09:53 AM PDT

    I see that with the advancement of fintech, people will have a lot more options. And that might eat in to their profits. But with the current valuation of the blue chips, Visa seems a "relative" bargain. I have some cash and i am looking to buy some at 198ish levels. Or should i hold onto my cash for now and wait for a drop off?

    submitted by /u/MadPupper
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    It's OK to sell too, you know.

    Posted: 19 Oct 2020 01:46 PM PDT

    It's actually part of the process.

    With the past 2 quarters (Q2 & Q3) having been filled with aggressive, risky progress, this is something I had literally forgotten.

    I sold a good chunk of some of my positions this morning.

    No, I don't think you should too, neither do I believe that a "crash" is coming. In fact my thesis tells me that there's gains left for many equities and sectors this year.

    But you know what, I just wanted to take home profit and reduce my current exposure. I was kinda stressed out with volatility, so I choose to mitigate risk this way.

    If I choose to, I can buy back a few weeks later. It's fine.

    We get bombarded with so much noise that it's very difficult to process that opportunities exist every day, and money can be made in any market.

    Especially when buying takes two clicks and rates are completely real time, I find that it pushes the worst in us from a strategic point of view.

    Manage information responsibly, stick to your theses, and don't forget that selling is just another tool in your arsenal.

    submitted by /u/iBifteki
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    The future is omnichannel: the case for GameStop

    Posted: 19 Oct 2020 01:30 PM PDT

    Why category leading brick and mortar retailers are likely the biggest long term Covid beneficiaries.

    Gavin Baker, in the must read text linked above explains why the future is omnichannel. Here's a quote:

    The future was always going to be omnichannel. Pundits have been prematurely predicting this for many years, but it is finally happening. There is a strange belief in certain circles that the future will be e-commerce only and that brick and mortar stores have no value. This is strange because the worlds largest, most sophisticated e-commerce companies are all opening stores. Lots of stores. Amazon opened dozens of "Amazon Go" stores in 2019 and is reportedly planning on opening up to 3000 of these stores by 2021 in the United States alone. Amazon already has multiple store formats in the United States: Go, Whole Foods, Book Stores and others. In his 2017 letter to shareholders, Jack Ma wrote that "Commerce as we know it is changing in front of our eyes. 'E-commerce' is rapidly evolving into 'New Retail.' The boundary between offline and online commerce disappears as we focus on fulfilling the personalized needs of each customer." Alibaba is rapidly opening several different store formats throughout China. JD is also rapidly opening stores. Wayfair has stores. Led by Warby Parker, most DTC branded startups have stores.

    Here, I'll try to give some glances for what that means for GameStop.

    People will buy more games online

    In spite I believe that physical copies of games will never go away (remember that chaos when Microsoft proposed that in 2013?), I buy that more people will buy their games online.

    So what?

    Didn't you ever entered a bookstore just to buy an e-book from Amazon? Increasingly, game stores will be showroom places.

    And companies will be willing to spend money just as Microsoft as a kind of marketing expense. Companies like Microsoft, Sony, Eletronic Arts, etc don't want to have brick and mortar stores at their balance sheets. In fact, it would destroy their Return on invested capital. But it doesn't mean that it can't be profitable.

    As a comparison, Chinese cloud providers and tech giants such as Alibaba, Tencent and Baidu rent their datacenters from a company named GDS. GDS is a high growing busines (you should take a look at this stock too). Does it mean that Alibaba is being stupid for not doing it inhouse? No. It does only mean that Alibaba has more profitable ways to invest its capital.

    E-commerce won't eat the world. Omnichannel will. And it will be the category leaders who will eat the market.

    If e-commerce only strategies were too good, Amazon largest acquisition wouldn't be Whole Foods, a supermarket.

    Bezos knows that a brick and mortar experience is important. Amazon is opening physical stores.

    Buy online, pickup in store is something that GameStop have been doing for a while. Their e-commerce is now 20% of revenue. And the management is only talking about omnichannel experiences. They know the things I am telling you. And they are doing it.

    Vendors know how important is to have real people at stores talking about your products. Your product at a shelf is a kind of marketing! People are seeing your products. People even trying your products! Even though they happen to buy it online.

    Microsoft's deal is just a glance at this future.

    Of course, it won't be just a revenue share that will sustain the companies. But omnichannel will.

    Don't forget to read the article above.

    All of these dynamics advantage category leading brick and mortar retailers for the simple reason that it requires a significant amount of technology infrastructure to manage an omnichannel experience — i.e. in store returns have complex impacts on the tax nexus. New customers who have formed new habits and repeated multiple times combined with structural semi-permanent advantages from increased online scale and BOPIS are why I am reasonably confident that these e-commerce gains will not be transitory.

    Beyond acquiring millions of new customers, seeing their e-commerce business reach levels in 2020 that most brick and mortar retailers likely did not expect until 2025–2030, experiencing profoundly positive cultural shifts and aggressively resourcing e-commerce for the first time, these brick and mortar retailers will face a significantly less intense competitive environment when consumers do begin shopping online again. Generally speaking, their weakest, most leveraged, most discounting prone competitors have gone bankrupt during Covid. So in addition to a structurally improved e-commerce business that should persist post Covid they will have a stronger offline competitive position post Covid.

    Disclosure: I am long at GME.

    submitted by /u/AstridPeth_
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    MSFT severely underpriced?

    Posted: 19 Oct 2020 02:24 PM PDT

    I am trying to practice better fundamental analysis habits, and have started by estimating intrinsic values of stocks based off of the DCF model, basically following the exact guidelines TDAmeritrades education course suggests.

    After plugging in the right fundamental values, the model is suggesting that with 5 years of projected growth being considered, which I think is reasonable for a company like Microsoft, that the intrinsic value of the company is $500 a share, meaning its being undervalued by nearly 57%.

    I am wondering how accurate others think this might be. If it's an accurate assessment, then it seems like an absolutely amazing value investment into what's already one of the historically strongest stocks ever. Even looking at this estimate more conservatively, we're still talking about a 57% margin of safety which is a lot of wiggle room to work with.

    I used the same approach with AAPL and it suggests AAPL is a bit over priced, putting its intrinsic value at roughly $96. Not as extreme but still interesting to see such big differences in estimated value between two of the biggest blue chip stocks out there.

    Do fundamentals like this mean anything to these highly rated stocks? Should I focus more on company news and/or technicals? Should I take intrinsic value estimations with a handful of salt? Going all in on Microsoft has always been tempting for me, but now that I am actually attempting a formal 'analysis', I feel a new confidence in it. Just not sure how seriously I should take these estimations.

    submitted by /u/frososaggins
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    Open Source Data Set for Price prediction

    Posted: 19 Oct 2020 12:53 PM PDT

    Hey Guys,

    I am a Machine Learning student and I am currently looking for a feature rich data set. It should be freely available, since I am a student and do not have 30k to spend 😅 I will also publish my results and code to be publicly available. I do appreciate any hints and suggestions!

    Thanks in advance!

    submitted by /u/TheBenimeni
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    I knew it was coming

    Posted: 19 Oct 2020 01:54 PM PDT

    Every down day, a new headline comes out saying stimulus talks continue. It's a joke at this point. What the heck are they talking about each day considering they make great progress each time?!

    https://www.cnbc.com/2020/10/19/coronavirus-stimulus-pelosi-and-mnuchin-discuss-relief-bill.html

    submitted by /u/tghood85
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    Is Peleton a good buy right now?

    Posted: 19 Oct 2020 12:35 PM PDT

    Hey, I'm thinking about buying 4 shares of Peleton soon and I was wondering what the general consensus on it was. Is it a good buy? Is there anything that could potentially shake it up and reverse the upwards trend I'm seeing? I feel like there's just some information on it that I'm missing that some of you might already know and I want to know in case it turns out something is happening and in a month Peleton will sink like a boat with a crater in it because of it.

    submitted by /u/btinvest1639
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    Airline shares jump after TSA screenings topped 1 million, a 7-month high

    Posted: 19 Oct 2020 09:32 AM PDT

    Airline stocks jumped Monday after airport screenings over the weekend rose above 1 million for the first time since mid-March, a sign more travelers are getting comfortable flying again despite the pandemic.

    The Transportation Security Administration screened 1.03 million people on Sunday, the most since March 16. That is still 60% lower from a year ago, when 2.6 million people passed through TSA airport checkpoints, showing airlines' pandemic-induced struggles are far from over.

    But the figure still represents improvement. So far this month, daily airport screenings are down 65% compared with the first 18 days of October 2019. In April, screenings were down more than 90% from a year earlier.

    Delta and United executives last week noted encouraging booking trends but warned investors that a full recovery to pre-pandemic levels, particularly for once-lucrative business travel, is likely years away.

    Both carriers posted large losses for the third-quarter. American and Southwest are scheduled to report results before the market opens on Thursday.

    United shares on Monday were up 6.3% in midday trading, while Delta was 1.6% higher. American and Southwest were each up about 2%.

    Source

    submitted by /u/Brothanogood
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    Go ahead. Pitch your best ETF.

    Posted: 19 Oct 2020 10:39 AM PDT

    I'm coming around to the idea that an ETF will get me more of what I want versus choosing one company and hoping my surface level DD and gut feeling beats a team of finance wizards from Hogwarts.

    I'm liking green energy, fintech, and/or EV - so I'm on the fence about QCLN, ARKW, and DRIV.

    Plus, I just read about TQQQ and it looks like a good secondary ETF to grab.

    Thoughts?

    submitted by /u/onemananswerfactory
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    Investing In Clean Energy Index Funds

    Posted: 18 Oct 2020 05:16 PM PDT

    I made a small little post over here a few days ago, this will be more in-depth. I hope this post helps people who are interested in Clean Energy Index Funds. I know there are specific ETFs such as TAN and FAN, but for this post, I will only focus on the main Index Funds.

    One note to address before we go in is that these funds are non-diversified: when you invest in these funds, you are SOLELY investing in Clean Energy. Do not confuse this with global diversification, these funds are very focused investments

    ____________________________________________________________________________________________________________

    The ETFs

    iShares Global Clean Energy ETF (ICLN) - This one seems to be the most popular. It has the lowest ER out of the three standing at 0.46% and it's globally diversified. ICLN contains about 30 holdings, the top 10 holdings account for about 55%. This fund is 40% American and 60% Global. The top 3 countries as of now are the US, China, and New Zealand. Basic preliminary knowledge of each country's economic/political situation can be helpful. This fund contains a ton of CORE Renewable Stock (Biofuels, Ethanol, Geothermal, Hydroelectric, Solar, Wind) but it's devoid of Tech Built On Renewables such as EVs — which seem to be the talk of the town nowadays. This fund follows the S&P Global Clean Energy Index and it's Market-Cap Weighted. Overall, this fund focuses on the CORE components of renewable energy.

    First Trust NASDAQ Clean Edge Green ETF (QCLN) - This one is similar to ICLN. This globally diversified fund has the second-lowest ER out of the three standing at 0.60%. If you are interested in American Renewable concentration, this may be a contender for you as QCLN is 80% US weight. The top 3 countries as of now are the US, China, and Canada. This fund follows the NASDAQ Clean Edge Green Energy Index which holds 44 stocks, of which their top 10 accounts for 54% of the whole fund. This fund is very similar to ICLN though containing a few differences. ICLN focuses on Core Renewable Energy whereas QCLN focuses on Core Renewable Energy + Tech Built On Renewables. Tech Built On Renewables would consist of technologies such as EVs and Light-Emitting Diodes, supported by companies like TSLA, NIO, and OLED.

    ALPS Clean Energy ETF (ACES) - This one is a little different. ACES has the highest ER out of the three standing at 0.65%. This fund is NOT globally diversified, with its only focus on Canada (20%) and the US (80%). This fund follows a unique index known as the NACEX Index (which focuses on US/Canadian Clean Energy) and it is Market-Cap Weighted. The top 10 holdings account for about 50%. This ETF is very similar to QLCN (Core Renewable Energy + Tech Built On Renewables) minus the Global Diversification. Ultimately, this fund is a North American focused Renewable Energy Index Fund.

    ____________________________________________________________________________________________________________

    Fact Sheets

    What I provided is very brief. If you're serious about clean energy, I highly recommend you read each Index Funds fact sheet along with the prospectuses. This will educate you on the field more and provide more crucial data for each fund.

    ICLN - https://www.ishares.com/us/literature/fact-sheet/icln-ishares-global-clean-energy-etf-fund-fact-sheet-en-us.pdf

    QCLN - https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=43c6d0cd-e6ca-4b21-b1b5-c4671b5cacb2

    ACES - https://www.alpsfunds.com/api/resources/77117043443a4093f7a3b3a4fce8989f.pdf

    ____________________________________________________________________________________________________________

    The main difference between each of these funds really comes down to the underlying holdings, sector allocations, and global diversification. Analyze your Risk Tolerance and Circle Of Competence in terms of holding/sector/globality for each fund before making a decision.

    Disclaimer: I am NOT a financial expert. You MUST do your own diligence -- this is ONLY for educational purposes.

    Also sorry for leaving Invesco WilderHill Clean Energy ETF (PBW) out. If anyone wants to comment some information on that Index Fund down below, feel free.

    - Naitor295

    submitted by /u/Naitor295
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    Stock Watchlist / Idea Mon Oct 19, 2020

    Posted: 19 Oct 2020 05:52 AM PDT

    Hey there, Just wanted to share my watchlist of 2 stocks that I am very confident in.

    Stock 1: Zoom (ZM)

    Zoom has been going crazy. No reason to stop now. I performed tests and screens with my algo on this stock in the pasts and the results were pretty good. Zoom also has very strong fundamentals with COVID going on.

    Price Entry: 559

    Price Target: 584

    Hold Time: 1 Week

    Stock 2: Morgan Stanley (MS)

    Morgan Stanley has been doing well the past few weeks. And the algo and screens say that uptrend is not going to reverse. Morgan Stanley and their one-off hedge funds have made crazy returns this year. I would hope that will correlate with the stock price.

    Price Entry: 51.85

    Price Target: 53

    Hold Time: 2 weeks - 1 month

    Please let me know if you have any questions. Or if you would like more ideas from my algo. All you have to do is ask, I can post more ideas tomorrow.

    submitted by /u/d7space
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    Selling stocks for student loans? Or regret. Fomo?

    Posted: 19 Oct 2020 08:36 AM PDT

    Right now I am only holding 3 stocks.. Apple, Tesla, and Nio with a total value of around 11k. I wasn't planning on touching these at all. No adding or subtracting because that's all the money I'm willing to "play with". I know this isn't much money, but I've been contemplating selling all but my gamble (nio), to put a dent in my student loans. I probably wouldn't be able to reinvest this money for 2-3 years. But I feel like 2-3 years.. I will regret having touched this money. I just don't know what to do. Please send advice on how to invest and be debt free. My loans total to 85k and I'm doing it all alone. My current salary is 70k, although I'm expecting at least 90k next year with my position changing to senior level. Goals are to be debt free, purchase a home, and a car.

    submitted by /u/IamSoDramatic
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    Undervalued stock - TherapeuticsMD, Inc.

    Posted: 19 Oct 2020 01:34 AM PDT

    This is a stock I've been watching for a while and I think has a huge potential for upside.

    Current valuation is sitting at $1.64 with 3 strong buys, 5 buys and 1 hold. Average price target is $6.90 with many citing it as an underperform.

    TXMD's flagship drug ANNOVERA has seen an increase in uptake from distributors and they believe this growth will continue into the future.

    Q2 earnings were underwhelming but many investment firms increased their share positions such as the likes of Alliancebernstein L.P., Bank of Montreal and Charles Schwab to name a few.

    Investors are expecting a big play with calls on the stock to hit $2 by 20 November, showing a quick turnaround.

    I think this is a rocket ship ready to take off with a decent upside and a fast play.

    submitted by /u/Bshenron
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    Thoughts on TTCF as long term investment?

    Posted: 19 Oct 2020 01:34 PM PDT

    A lot of long term investors have been talking to me about Tattooed Chef and it's potential to grow. I know that it is planning to increase the amount of its products in Walmart by a large amount in the soon future (approximately by double) and that packaged food is becoming more and more popular. And a greater awareness of being healthy in this generation will draw greater attraction to this company in the future as all its food is organically sourced. The company also predicts increases in future revenue and has recently merged with Forum Merger. However, it is a very small company and has a market cap of 500M making this a riskier investment as it is a small cap stock but I personally see a bright future for this company and wanted to know your thoughts?

    submitted by /u/BronzeSpartan2
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    JinkoSolar to Supply 204 MW of Swan Bifacial Modules to juwi Hellas for the Biggest Bifacial Solar Project Ever Built in Europe

    Posted: 19 Oct 2020 05:13 AM PDT

    Hello!

    First post here, saw this news this AM and felt it was worth sharing for discussion/to buy before a potential raise in price.

    JinkoSolar to Supply 204 MW of Swan Bifacial Modules to juwi Hellas for the Biggest Bifacial Solar Project Ever Built in Europe

    https://www.prnewswire.com/news-releases/jinkosolar-to-supply-204-mw-of-swan-bifacial-modules-to-juwi-hellas-for-the-biggest-bifacial-solar-project-ever-built-in-europe-301154703.html

    submitted by /u/Marco_Monte77
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    NASA and Nokia

    Posted: 19 Oct 2020 11:00 AM PDT

    What are your thoughts on NASA picking Nokia to build a moon mobile network? What does this mean for the future of Nokia? It's really interesting to see NASA picking Nokia of all companies. I thought Nokia was a relic of the past, glad to see them making big moves.

    submitted by /u/Danieldinho7
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    Which stocks might be impacted by the Ernst & Young news related to cooked books at several firms? Article in Marketwatch

    Posted: 18 Oct 2020 11:54 PM PDT

    Source: marketwatch

    "These imploding, scandal-plagued companies shared a Big Four auditor"

    Regulators are scrutinizing whether the accounting giant Ernst & Young — now widely known as EY — missed red flags or failed to pursue them

    This year, $2 billion is missing at a German fintech company, $300 million of sales has been found to be fabricated at a Chinese coffee chain and $5 billion in undisclosed debt has been uncovered at two related companies listed in the U.K. Together, the incidents cost shareholders of the companies roughly $30 billion.

    All had been audited by Ernst & Young. Last year,

    https://www.marketwatch.com/story/these-imploding-scandal-plagued-companies-shared-a-big-four-auditor-11603032508

    submitted by /u/alarmedangelic
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