Stocks - r/Stocks Daily Discussion & Options Trading Thursday - Oct 08, 2020 |
- r/Stocks Daily Discussion & Options Trading Thursday - Oct 08, 2020
- Lowe’s gives $100 million more in bonuses to hourly employees
- Kamala Harris mentioning clean energy and other green stuff a lot tonight
- Square buys $50 million in bitcoin; 1% of their total assets
- GameStop Announces Multi-year Strategic Partnership with Microsoft
- Here is a Market Recap for today Thurs, Oct 8. Please enjoy!
- HYLN down 10%, NKLA up 10% ?
- Amazon Shows Off New Rivian Electric Delivery Van Model
- IBM to spin off IT Infrastructure Services business in 2021. New IBM will focus on hybrid cloud and AI
- $ICLN good entry today?
- Google Meet vs Zoom
- Looking to invest in Nvidia and AMD to help pay off college loans
- Possible Energy Correction Day Ahead (Much Needed, Don't Panic)
- (Deloitte) "the US shale industry registered net negative free cash flows of $300 billion, impaired more than $450 billion of invested capital, and saw more than 190 bankruptcies since 2010."
- Anyone buying TSM before its earnings report next week?
- Why is Shopify valued so high?!
- What causes stocks to move?
- What is safe investing options for majority of my portfolio?
- Any websites that provide just as good or better research than TD self direct/Ameritrade?
- Anyone foresee a dip before/shortly after the election?
- Top sleeper picks for Q4 2020
- Who buys high IV options and why?
- Telehealth stocks
- Want to own land? Cost per acre for 4 timber & 2 farm REITs
| r/Stocks Daily Discussion & Options Trading Thursday - Oct 08, 2020 Posted: 08 Oct 2020 01:06 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post. Some helpful day to day links, including news:
Required info to start understanding options:
See the following word cloud and click through for the wiki: If you have a basic question, for example "what is delta," then google "investopedia delta" 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. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| Lowe’s gives $100 million more in bonuses to hourly employees Posted: 08 Oct 2020 06:01 AM PDT https://www.cnbc.com/2020/10/07/lowes-gives-100-million-more-in-bonuses-to-hourly-employees-.html Lowe's said Wednesday it will give $100 million more in bonuses to hourly employees in mid-October, as strong demand for home improvement supplies continues. The retailer has paid more than $675 million in additional pay to employees this year, including the latest round. Lowe's also announced a cash tender offer for up to $3.5 billion of its outstanding debt securities. [link] [comments]  |
| Kamala Harris mentioning clean energy and other green stuff a lot tonight Posted: 07 Oct 2020 06:54 PM PDT Shes mentioned it about 6 times man those stocks are gonna be hottttt tomorrow! Might have to get in and take a chance myself just to see what happens! What are some of the top? VLSR? ICLN or TAN? It does appear to have a good push and has already been going up for the last few weeks, could get a bigger push now. Millions are watching this and seeing her admit they're gonna be pushing green big time. edit: thanks for all the awards and upvotes. I just love a good discussion about stocks and getting money for us all! [link] [comments]  |
| Square buys $50 million in bitcoin; 1% of their total assets Posted: 08 Oct 2020 08:59 AM PDT CNBC article source here. Not sure what to make of it, Square is not a hedge fund and they're not an airline where they have to buy oil to hedge against future gas prices, so what could they possibly do with holding bitcoin as an asset. Their cashapp let's users buy bitcoin, but I don't think they need to hold that much (or any) for the app to work. Square CFO calling the purchase an investment.. heh Square is now the next Berkshire Hathaway. [link] [comments]  |
| GameStop Announces Multi-year Strategic Partnership with Microsoft Posted: 08 Oct 2020 11:49 AM PDT According to Globe News Wire: GRAPEVINE, Texas and REDMOND, Wash., Oct. 08, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) ("The Company") today announced that it has entered into a multi-year strategic partnership agreement with Microsoft Corp., further advancing its strategy to expand its physical and digital video game offerings, as well as enhance the Company's retail technology infrastructure. With over 5,000+ retail stores worldwide and its world-class eCommerce platform, GameStop leverages its vast customer network, PowerUp Rewards, and omni-channel capabilities to deliver enhanced gaming solutions to its customers. Through this partnership, GameStop will standardize the Company's business operations on Microsoft's cloud solutions and hardware products to deliver rich new digital experiences to customers, creating the "ultimate gaming destination" for gamers in its vision to be the premier omni-channel customer access point for video game products. The partnership includes enterprise and commercial elements.
George Sherman, GameStop's Chief Executive Officer, stated: "This is an exciting day at GameStop as we announce the advancement of an important partnership that capitalizes on the power of our operating platform and significant market share in gaming to accelerate our digital transformation; drive incremental revenue streams; and over time, further monetize the digital world of gaming. Since joining the Company last April, we have been on a mission to evolve our strategy to take advantage of our undisputed leadership position in gaming. Clearly, GameStop is a top destination for an entire spectrum of gaming products, and we are excited about the opportunity to leverage our capabilities in support of the launch of the next generation of gaming consoles and expand our reach and connection to the worldwide gamer community through this partnership." "GameStop has become a popular destination for gamers to find their favorite video games, hardware and accessories, socialize with others in the community, try out new games, and get educated on the latest tips and trends," said Matt Renner, President, US Enterprise Commercial, Microsoft. "By harnessing the power of Dynamics 365 and Microsoft 365, GameStop will be able to modernize its technology infrastructure and support store associates and fans in new and exciting ways. This partnership also provides GameStop with advanced retail management technologies that will drive operational efficiencies throughout its omni-channel platform." Phil Spencer, Microsoft, Executive Vice President of Gaming, added: "For many years GameStop has been a strong go-to-market partner for our gaming products, and we are excited about continuing and evolving that relationship for the launch of the Xbox Series X|S. GameStop's extensive store base, focus on digital transformation in an omni-channel environment and expert gamer associates remain an important part of our gaming ecosystem, and we're pleased to elevate our partnership." Jim Bell, GameStop's Chief Financial Officer commented, "We believe Microsoft's integrated retail technology platform will enable the continued development of our frictionless omni-channel digital environment, providing customers with an exceptional cross-channel experience for all things video gaming." Mr. Bell continued, "By standardizing on Microsoft 365 and Dynamics 365, all accessed with Microsoft Surface devices at our fingertips, we will be able to create a better connection with our associates and provide them with powerful new tools to deliver rich engaging experiences to our customers while significantly enhancing our cross-channel view of inventory ensuring the most efficient delivery of products to our customers." [link] [comments]  |
| Here is a Market Recap for today Thurs, Oct 8. Please enjoy! Posted: 08 Oct 2020 01:08 PM PDT PsychoMarket Recap - Thursday, October 8, 2020 Stocks rose again today, extending yesterday's frankly unexpected gains, with the major benchmarks opening at their highest levels in about a month. Market participants digested a new round of jobless claims, dimming hopes of stimulus, even for stand-alone bills, and progress in Covid-19 therapeutics following Pres. Trump's discharge from the hospital. The Nasdaq (QQQ) finished the day 0.54% up. The S&P (SPY) led the day, up 0.85% and the Dow (DIA) finished 0.48% up. Today, the Labor Department released their weekly jobless claims report. There were 840,000 additional first-time jobless claims this week, slightly above the 820,000 prediction of analysts. While 840,000 is the lowest level since March, jobless claims have stagnated the past month, a sign of slowing economic recovery. Continuing claims, which are the number of people who have already filed an initial claim and who have experienced a week of unemployment and then filed a continued claim to claim benefits for that week of unemployment, fell below 11 million, dropping almost 1 million compared to the week before. Ian Shepherdson, chief economist at Pantheon Macroeconomics said, "The decline in continuing claims is welcome, but initial claims offer a better read on the real-time state of the labor market, and the downward trend has stalled, more or less." According to CNBC, there are still 25.5 million workers claiming some form of unemployment benefits, according to totals through Sept. 19. More than half that total, or about 13.4 million, comes from those collecting under pandemic-related programs set up for those who normally wouldn't be eligible, showing the toll the pandemic has put on the labor market. House Speaker Nancy Pelosi further curbed expectations that any form of stimulus will be unleashed before the November election. Today, in response to a bill designed to provide relief to the airline industry, Pelosi said, "There is no stand-alone bill without a bigger bill." In other words, she opposes passing smaller, stand-alone stimulus bills in the absence of more comprehensive measures. Yesterday, after calling for his representatives to stop negotiations for overarching stimulus, Pres. Trump signaled he would support a smaller, targeted bill. In response to Trump's recent tweets about stimulus, Ed Mills, policy analyst at Raymond James said, "It's been the question of the day, as to why we got the tweets we got over the last 24 hours, the market reaction we got into [Tuesday's] close, and then the rally." Needless to say, the current market is hyper-responsive to the comments of Trump and other top officials. Shares of Regeneron (REGN) jumped after the drugmaker said it had submitted a request to the U.S. Food and Drug Administration (FDA) for emergency use authorization of its Covid-19 antibody treatment, which had been taken by President Donald Trump after his Covid-19 diagnosis. In a video on Twitter today, Pres. Trump openly endorsed the move saying "I took this medicine [during his stay at Walter Reed Hospital] and it was incredible." In other nice news, the World Trade Organization (WTO) announced that South Korea's trade minister and the former Nigerian finance minister are the two finalists in the race to become the next director-general. This is the first time a woman will occupy the position of top leader in this organization. Highlights
"Don't judge each day by the harvest you reap but by the seeds that you plant." -Robert Louis Stevenson [link] [comments]  |
| Posted: 07 Oct 2020 02:43 PM PDT October 7, 2020 HYLN is down ~10% today, BUT NKLA is up 10% today. WHY? HYLN is a legit company and NKLA is a company with lies. Someone tell me why the market is acting this way? What is this bee ess? LONG HYLN SHORT NKLA [link] [comments]  |
| Amazon Shows Off New Rivian Electric Delivery Van Model Posted: 08 Oct 2020 02:01 PM PDT Amazon.com Inc. revealed an electric delivery van model being built for the retail giant by Rivian Automotive Inc., an early step toward getting 100,000 similar vehicles on the road in the next decade. The vehicle, which Amazon showed off in a video and blog post on Thursday, is one of three models Rivian is building for Amazon. It comes with exterior cameras capable of providing a 360-degree view, integration of Alexa, Amazon's voice software, and three levels of shelving for packages. [link] [comments]  |
| Posted: 08 Oct 2020 07:36 AM PDT https://www.ibm.com/investor/events/ibm-strategic-update-2020 Hugely positive move to me. It's infrastructure business has been weighing it down and kept it from focusing on the future of cloud and AI. I've been long on IBM since the Red Hat acquisition and was hyped to see Arvind Krishna (who captained the Red Hat deal) promoted to CEO earlier this year. That was a Steve Balmer to Satya Nadella type transition. IBM is the real deal. [link] [comments]  |
| Posted: 08 Oct 2020 11:08 AM PDT ICLN has been rocketing for the last 3 months, I'm huge in clean energy being the future and ready to go all in, I'm a little nervous as in looking for entry before the election... I am a strong believer that biden will win (so it'll rocket even more).. today it had huge pull back, do y'all think today's a good day to buy? [link] [comments]  |
| Posted: 08 Oct 2020 12:25 PM PDT I'm a high school teacher and my district is fully cyber. We use Google Meets instead of Zoom. In general, Zoom has a much better platform but Google is quickly catching up. They've made some really useful updates this week such as breakout rooms and being able to automatically email attendance reports to me. Google also has a ton of great extensions you can download. I know this is obvious but having Google as a competitor isn't exactly ideal. What are your experiences with Google Meet and Zoom? [link] [comments]  |
| Looking to invest in Nvidia and AMD to help pay off college loans Posted: 08 Oct 2020 03:01 PM PDT I just recently got a job in college and I need to pay off 40000 in debt in 4 years, making barely about 10 an hour I need to invest to help make this goal achieve able, as well as some help from my family memebers. I use nvidia and AMD every day while using my computer and I'm very familiar with both companies, but unfamiliar with the stock market. Would they be worth long term investment or is there a better option for me? Thanks! [link] [comments]  |
| Possible Energy Correction Day Ahead (Much Needed, Don't Panic) Posted: 08 Oct 2020 07:25 AM PDT Energy has been really hyped up on reddit, so I wanted to get ahead and make this post for the newer investors. If you bought into energy recently, and you're seeing this dip today (especially for solar), don't panic and don't sell. This was a much needed correction. If you firmly believe in the outlook of the energy industry, then hold on to that. Ride this out and use it as an opportunity to increase your positions. I know it sucks, especially if you bought in yesterday. This is why people emphasize the importance of DCAing and spreading your investments out over a period of time. It's such a stress-free strategy. Best of luck today, everyone. [link] [comments]  |
| Posted: 07 Oct 2020 02:28 PM PDT "The year 2020 marks the 15-year anniversary of the US shale boom, which heralded an era of US energy independence and more than doubled tight shale oil production over the past five to six years. But beneath this phenomenal growth, the reality is that the shale boom peaked without making money for the industry in aggregate. In fact, the US shale industry registered net negative free cash flows of $300 billion, impaired more than $450 billion of invested capital, and saw more than 190 bankruptcies since 2010." [link] [comments]  |
| Anyone buying TSM before its earnings report next week? Posted: 08 Oct 2020 12:44 PM PDT I saw Taiwan Semiconductor Manufacturing Company (TSM) is posting its earnings on October 15th. Given the US-China tech war and US sanctions on Huawei, do people think TSM is going to post strong earnings? Is it a buy right now? Short-term vs. long-term thoughts? [link] [comments]  |
| Why is Shopify valued so high?! Posted: 08 Oct 2020 12:33 PM PDT Could someone help me understand why Shopify is at 130 Billion USD market cap valuation? Looks like they have always had negative yearly earnings. Even their revenue at 1.58 Billion for 2019 wouldn't justify anything close to this market cap, unless I'm missing something? Their 2019 earnings was over -$120M. I'm pretty sure this is the largest Canadian company by Market Cap on the TSX. [link] [comments]  |
| Posted: 08 Oct 2020 06:17 AM PDT I know that fundamentally in the long run, stocks generally move based on how the underlying company is doing. But I'm not sure what causes the actual price to change. When you are looking at a ticker, how do buyers and sellers affect the price all the time? What is the technical explanation? [link] [comments]  |
| What is safe investing options for majority of my portfolio? Posted: 08 Oct 2020 01:18 PM PDT I was looking to putting 80% into something like QQQ or VTSAX (any other Funds you think are great to look at are welcome). It seems QQQ has performed better over the years but VTSAX had .05% expense ratio vs QQQ that has .2%. My other idea was investing in tride and true stock like Coca Cola or AT&T with a 2.5-4% Devident yield. The other 20% will be allocated for a bit riskier investments. [link] [comments]  |
| Any websites that provide just as good or better research than TD self direct/Ameritrade? Posted: 08 Oct 2020 03:27 PM PDT I like how much analyst they have available, what analysts are saying about specific stocks ie whether it's a buy/sell, potential target prices, etc, but I'm not too interested in paying 10$ per trade. Any there any sites that offer the same or better services even if there's a monthly fee? [link] [comments]  |
| Anyone foresee a dip before/shortly after the election? Posted: 08 Oct 2020 12:59 PM PDT I've been Dollar cost averaging into UDOW (3x DOW) since the Covid crash a few months back. I have around 9k already invested and another 6k id like to invest at some point. Part of me wants to throw almost all of the capital I have left in right now while the other part of me is telling me to wait because there will be an election related dip in the market. Thoughts? [link] [comments]  |
| Posted: 08 Oct 2020 07:39 AM PDT Sleeper picks for your portfolio this month. $SPH - Outdoor dining is fueling SPH's growth, winter climates are feeding the need for propane. their rev sheet is amazing. Slowly climbing over the last month. Under $20 rn. $BOXL - they acquired a $90M startup recently to enhance online learning. Penny stock. Under $2 share. $ASAN - an IPO that went under the radar. Asana had been one of the top project management tools for distributed remote teams for 5+ years. It's meant as a top down approach, meaning, catered to reporting to the Top level down. I like it and think managers will find it a valuable tool, helps keep accountability and track remote workers progress seamlessly. $VMW - VMware - cloud based OS software used by programmers and administrators to basically run super computer/server-side apps via the cloud. Been used by huge companies like Raytheon and Lockheed for years now. Undervalued even if it's around $150. [link] [comments]  |
| Who buys high IV options and why? Posted: 08 Oct 2020 02:53 PM PDT Tried posting on r/options but it was IMO wrongly auto deleted as a noob question so hopefully its relevant enough here. After some success selling cash secured puts on high IV options, I can only wonder who is actually buying this stuff and why? Let me lay out my perspective of this and feel free to tell me I'm dead wrong. So as the seller, I profit if the stock goes up, side ways, or even down some. I've locked in gains on puts I've sold all 3 ways so far. The only way I'm in the red is if it plummets all the way to my break even and even then that's just when losses start to happen. Losing your entire investment on a trade as the option seller is as likely as the stock just nose diving to 0, which is pretty unlikely. To the person who paid the high premium for my put, they only make money if the stock drops significantly. If it goes up they lose, if it goes sideways they lose, and if it doesn't go down enough they lose. Also if the IV goes down they get IV crushed and lose. Losing your entire investment on a trade as an option buyer is very likely. It's just lose lose lose. It feels like I am a casino just collecting cash from gamblers. Come buy this shiny PUT, you have a 30% chance to maybe make money, while I have a 70% chance of just keeping all your cash. It says it right there on the option table, the risk isn't even hidden behind fancy colored lights and hypnotic sounds like a real casino would do. I just don't get it. I get that making the fat "F you" type gains only happens as the buyer, but I'd rather play as the house then cling to a lottery ticket and hope that today's the day. [link] [comments]  |
| Posted: 08 Oct 2020 07:50 AM PDT I have been waiting for a dip in Teladoc (I missed the opportunity last month) but now I'm ready to enter. I'm also looking at American Well. Thoughts surrounding telehealth stocks as a long term investment? Some critics suggest that these companies will fail because many doctors will just use Zoom/Teams/in-house products instead of a telehealth platform. [link] [comments]  |
| Want to own land? Cost per acre for 4 timber & 2 farm REITs Posted: 08 Oct 2020 02:23 PM PDT In order from highest to lowest USD per acre as of closing price October 8th. Market cap in parenthesis. LAND = 3535/acre ($0.3B) WY = 2052 ($23B) PCH = 1736 ($3B) RYN = 1431 ($4B) FPI = 1237 ($0.2B) CTT = 453 ($0.4B) Of course, these values are not a direct indicator of whether a stock is a good deal; an acre of vineyard is worth more than an acre of cornfield, and timberlands vary in productivity based on the microclimate, soil condition, & species being grown. LAND is the highest cost per acre because they own land that produces things like pistachios & raspberries. Also, company metrics play a role (e.g. CTT is likely so cheap per acre because it's more highly leveraged than its peers). WY & PCH earn a portion of their revenue from manufacturing wood products, whereas RYN & CTT do not. While all based in the US, WY also leases land in Canada, & RYN also owns land in New Zealand. All of these companies pay a dividend, though interestingly WY was the only one to suspend its dividend (as part of a broader precautionary stance) as the pandemic concerns increased earlier this year. LAND & FPI are the two farmland companies & also the smallest of these 6 listed. Why do I find these stocks interesting? Lumber prices recently hit all-time-highs due to housing demand, & similarly land prices do not yet seem significantly impacted by the pandemic (based mostly on my anecdotal experience watching real estate listings & tax sales). Also large-scale "mass timber" construction using wood products like cross laminated timber could increase in the coming years. Plus there's something appealing about owning land, since it's a real asset that can serve many purposes (these timber REITs also often lease their land for things like mining). Timberland REITs may face downside risk if lumber prices & home starts decline. Also these stocks may face climate change risks due to wildfires, drought, hurricanes, etc., but it's possible timberlands could benefit from carbon credit systems if/when they're implemented. Disclosure: I own all of these except for FPI. I may not have properly or fully accounted for land owned vs. land leased or managed, & changes in that methodology could alter the per acre pricing. The data given is not precise & may have changed since I last checked. Please share any other companies you know of that own large amounts of land. Of course you could try to calculate the land ownership of most REITs (& of your personal holdings), but for things like shopping malls, data centers, apartments, etc., square footage & cost/sq.ft. would be a more interesting/informative metric to track. [link] [comments]  |
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