Stocks - r/Stocks Daily Discussion & Options Trading Thursday - Oct 29, 2020 |
- r/Stocks Daily Discussion & Options Trading Thursday - Oct 29, 2020
- Morgan Stanley says 'NIO is a strong EV leader in the making', raises price target by 61%
- Pinterest ‘more than delivered the goods’ in its blowout quarter, stock soars
- NIO?!?
- AAPL price drops 5% as it beats earnings
- Alphabet revenue up 14%, crushing expectations
- Here is a Market Recap for today Thursday, October 29, 2020. Please enjoy!
- 20 of the Top 100 stocks by market cap report over the next 48 hours!
- Best investing podcasts of 2020
- Sitting back and looking at HYLN around $20 and doing some DD
- ANT IPO's Shanghai shares oversubscribed by 872% (approx. $2.83 trillion)
- For the Bears - Are you generally pessimistic in your every day life?
- Hyliion is crushing me
- Morning Market Synopsis - Thursday, Oct. 29, 2020
- Palantir (PLTR) - What is the market pricing in? - Valuation Analysis
- What are your predictions and strategies on the effects a Biden win would have on clean energy and oil stocks?
- $CRWD
- Can someone explain to me why OSTK is down today after their earnings call?
- Sony gets green light to resume Huawei partnership
- Netflix raises prices, stock leaps 5%
- Big selloff right before earning call?
- FSLY conference call discussion
- Mark Zuckerberg just gave Facebook employees all of Thanksgiving week off
- Can someone explain to me what is happened to Rolls Royce (RR)
- Holding a index fund with QQQ question.
| r/Stocks Daily Discussion & Options Trading Thursday - Oct 29, 2020 Posted: 29 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]  |
| Morgan Stanley says 'NIO is a strong EV leader in the making', raises price target by 61% Posted: 29 Oct 2020 07:24 AM PDT In a report titled "A strong EV leader in the making" published on October 28, Morgan Stanley analyst led by Tim Hsiao revised up forecasts on better-than-expected Q3 deliveries, upside potential to margin and an update of our assumptions behind NIO's vehicle and long-term take rate of NOP. The bank stays Overweight on NIO and raise our price target to $33, up by 61% from $20.5. [link] [comments]  |
| Pinterest ‘more than delivered the goods’ in its blowout quarter, stock soars Posted: 29 Oct 2020 06:15 AM PDT Shares of Pinterest surged more than 31% in premarket trading Thursday. Investors rallied around the company's blowout third quarter earnings that indicated advertising demand revved up after a difficult period due to the Covid-19 pandemic earlier in the year. Pinterest's boost from a rebound in advertising likely signals positive things for its tech peers that also have major advertising businesses. Hopefully google will beats and outperforms as well. Thanks for the awards. [link] [comments]  |
| Posted: 29 Oct 2020 09:18 AM PDT Will someone explain to me why the past few days the Dow has been hurting but Nio manages +5% (around there) yesterday and today as of right now there up +10%, Is this stock gonna keep running up? What's bringing all the investors to keep pumping it up? [link] [comments]  |
| AAPL price drops 5% as it beats earnings Posted: 29 Oct 2020 02:01 PM PDT Apple reported fourth-quarter earnings on Thursday that slightly exceeded Wall Street expectations, but the company did not offer investors any guidance for the quarter ending in December. iPhone sales were down more than 16% year-over-year.
The lack of fiscal first-quarter 2021 guidance from Apple means that investors and analysts don't get a hint at how Apple is projecting the sales performance of the iPhone 12, which went on sale in October. Apple stock dropped over 4% in extended trading. "If you look at the case count, the case counts are climbing in Western Europe. They're climbing in the United States. And so there's still a sufficient level of uncertainty out there… we don't believe that's an environment to guide into," Apple CEO Tim Cook told CNBC's Josh Lipton. Apple hasn't offered guidance for the past two quarters because of uncertainty related to the Covid-19 pandemic. However, Cook said that he was optimistic about iPhone 12 sales for a number of reasons, including 5G support, carrier promotions, and a loyal install base, and said that "initial data points are really quite good." iPhone revenue was down over 16% from the same quarter last year and came up short against Wall street expectations. However, many investors and analysts are more focused on how the iPhone 12 will sell in the coming year. Apple's iPhones went on sale this year in October, and more models are planned for next month, meaning that sales from the new devices aren't counted in this quarter. Revenue for Macs and iPads both exceeded analyst expectations, most likely driven by strong work-from-home trends during the pandemic. Apple drew attention to strong results in those categories last quarter, too. Overall, Mac revenue was up 29% year-over-year and iPad revenue rose 46% from the same quarter last year. Sales in China were a weak point for Apple. Sales in greater China, which includes Hong Kong and Taiwan, dropped to $7.95 billion from $11.13 billion a year before, over a 28% decrease. "A larger percentage of China revenue is made up of new iPhones. And so that's the reason the number for the total quarter started with a minus sign. But given what we see in the early going with the new iPhones, we're confident we'll grow in Q1," Cook told CNBC. Apple released new Apple Watch Series 6 models that went on sale in September. The category that those devices are counted in for sales is called Wearables, Home, and Accessories, which came in slightly higher than expectations. The category also includes sales from headphones such as AirPods and Beats. Sales for the category were up over 20% on a year-over-year basis. Investors are always closely examining Apple's services business, which includes subscriptions like iCloud and Apple Music, fees from the App Store paid by app developers, and licensing revenue. Services revenue exceeded Wall Street expectations and grew 16% over last year. On Friday, Apple will release bundles of its subscription services called Apple One, Reuters reported. The bundles vary by region but include Apple Music, iCloud storage, and Apple TV+ streaming video. [link] [comments]  |
| Alphabet revenue up 14%, crushing expectations Posted: 29 Oct 2020 01:09 PM PDT https://www.cnbc.com/2020/10/29/alphabet-googl-earnings-q3-2020.html Earnings per share: $16.40 vs $11.29 expected, according to Refinitiv estimates Revenue: $46.17 billion vs $42.90 billion expected, according to Refinitiv estimates Google Cloud: $3.44 vs. $3.32 billion estimated according to StreetAccount. YouTube ads: $5.03 vs. $4.39 billion estimates, according to StreetAccount. Traffic acquisition costs (TAC): $8.12 vs. $7.66 billion according to StreetAccount. [link] [comments]  |
| Here is a Market Recap for today Thursday, October 29, 2020. Please enjoy! Posted: 29 Oct 2020 01:41 PM PDT PsychoMarket Recap - Thursday, October 29, 2020 Stocks rose today, reversing course after being deep in the red the last two days. Market participants digested a record increase in third-quarter GDP for the US, a better-than-expected weekly unemployment report, new coronavirus restrictions in the US and Europe and a slew of corporate earnings for massive companies. The Nasdaq (QQQ) rose 1.75% today, the best performing of the major indices. The S&P 500 (SPY) finished 1.05% up and the Dow Jones (DIA) finished 0.44%. After coming off one of the worst quarters in US history, the economy rebounded, growing at its fastest pace ever. Gross domestic product (GDP), a measure of the total goods and services produced from July to September of this year, expanded at a 33.1% annualized pace, according to the report by the Department of Commerce. The gain came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones. The previous record was the post-World War II 16.7% surge in the first quarter of 1950. Today, the US Department of Commerce released its weekly unemployment report, showing that another 751,000 individuals filed initial jobless claims, better than the 770,000 estimated by analysts. Continuing claims, which refer to individuals that are currently receiving unemployment benefits who filed for unemployment benefits at least two weeks ago, was 7.75 million, slightly better than the 7.77 million expected. According to Yahoo Finance, this report represents the ninth-straight week initial unemployment claims have remained below 1 million and continuing claims below 10 million, a key indicator that the economy is recovering, though not as fast as many would like. In Europe, countries are still struggling to contain the recent surge in coronavirus infections. Both France and Germany announced renewed lockdowns spanning for about the next month, though the restrictions stopped short of the draconian measures announced earlier on during the pandemic. In the US, the seven-day average of daily new cases rose to a record 70,000 as of yesterday, according to data compiled by the Washington Post. On the vaccine front, Dr. Anthony Fauci, the nation's top infectious-disease expert, said he believed it would take until at least January for the U.S. Food and Drug Administration to authorize a COVID-19 vaccine. There are five companies (Johnson & Johnson (JNJ), Moderna (MRNA), Pfizer (PFE), Eli Lilly (ELY), and BioNTech (BNTX)) in the final stages of study for a coronavirus vaccine, with Pfizer Inc. and Moderna Inc. having fully enrolled their trials, Fauci said. Some analysts consider the recent pull-back in the stock market a healthy inevitability, given the strong rally that took many stocks to all-time highs earlier in the Month. Brad McMillan, chief investment officer for Commonwealth Financial Network, said in a note to clients, "Markets have been baking in a lot of optimism: that the pandemic was under control, that the economy was healing, and that things would be back to something approaching normal in 2021. Those assumptions were always optimistic, though, and what we are seeing now is a reality-based repricing. As such, this drop is both necessary and healthy. Markets should reflect the most likely future path, not the most optimistic, and that is where we are headed." Highlights
[link] [comments]  |
| 20 of the Top 100 stocks by market cap report over the next 48 hours! Posted: 29 Oct 2020 07:22 AM PDT The biggest 48 hours of the year? 20 of the Top 20 U.S. traded stocks by market cap report earnings over the next 48 hours starting with Apple, Amazon, Google, and Facebook right after the close. Who's winning? Who's losing? [link] [comments]  |
| Best investing podcasts of 2020 Posted: 29 Oct 2020 12:00 PM PDT Personally I have found investing podcasts to be the most effective way of learning about and improving my investing. I came across this link and thought it would be a good share. [link] [comments]  |
| Sitting back and looking at HYLN around $20 and doing some DD Posted: 29 Oct 2020 01:21 PM PDT I get super annoyed by this https://investorplace.com/2020/10/hyln-stock-has-enormous-growth-potential-in-the-next-6-years/ https://investorplace.com/2020/10/hyliion-stock-isnt-your-best-bet-at-the-electric-truck-industry/ Same website, within a day of each other 2 articles mostly contradicting each other. Sometimes doing DD can be frustrating but maybe I am looking for a reason to pump more money into them while they sit at a mostly buy rating from what i've read (as soon as they hit $20ish). I know there are plenty of posts about this company, so I am looking for some more places to research. I also know this company isnt a get rich quick stock like some others have (seriously NIO calm down but also please don't calm down). But being under makes me want to invest more and look at 2022 and beyond with them. [link] [comments]  |
| ANT IPO's Shanghai shares oversubscribed by 872% (approx. $2.83 trillion) Posted: 29 Oct 2020 07:21 AM PDT I think we need a "WTF" flair for this one. Are China's retail investors more crazed than we are? I guess this is what happens when your people have been grimly saving in household accounts for a long time.
[link] [comments]  |
| For the Bears - Are you generally pessimistic in your every day life? Posted: 29 Oct 2020 12:45 PM PDT Just trying to get a better understanding of why investors / traders want to be bears. Totally understand that stocks either go up or go down, so there's $ to be made on the negative side. However, if everyone had a more optimistic view, wouldn't there be more to be made by every one in the long run (new $ coming in to fuel it)? It's like at the craps table at a Casino.. dark side players seem to reveal in the hate they receive, while everyone else looks to knock out the negativity. How does being a bear trader effect your view on every day things? [link] [comments]  |
| Posted: 29 Oct 2020 10:59 AM PDT I have 1,000 shares of Hyliion with a cost basis of $23.47. This stock just keeps on slipping, even when it opens up nice and green, it ends red. I don't get it. Is it a new company? Yes, sure, but they have a working product and not just a bunch of hot air like Nikola, yet Nikola has 2x the market cap... What's the deal? I'm planning to hold a long time but it's getting a bit absurd at this point. [link] [comments]  |
| Morning Market Synopsis - Thursday, Oct. 29, 2020 Posted: 29 Oct 2020 07:33 AM PDT US equities mostly higher: Dow +0.29%, S&P 500 +0.78%, Nasdaq +1.18%, Russell 2000 +0.10%
Notable Gainers:
Notable Decliners:
09:29:17 AM CDT on 29 Oct '20 [link] [comments]  |
| Palantir (PLTR) - What is the market pricing in? - Valuation Analysis Posted: 29 Oct 2020 02:18 PM PDT I've done an analysis of what the market could be pricing in to the stock of Palantir right now. Like a lot of growth/tech stocks, the valuation seems quite aggressive based on the fundamentals. See the full analysis in the link below. https://charioteerinvesting.com/palantir-pltr-some-back-of-the-envelope-math/ [link] [comments]  |
| Posted: 29 Oct 2020 07:24 AM PDT Interested in hearing the likely scenarios a Biden win would have on the energy market, after watching last weeks debate Biden dropped a large bombshell about ramping down the oil industry and increasing investment into clean energy and EV industries. What do you think the short and long term effects this will have on Oil and Energy sectors? What's your strategy to protect your investments ? Personally, I've never traded in oil, so I have limited knowledge in the area. Although my grandfather made decent retirement profit investing in Oil ETF's like USO. A large chunk of my investments are in EV and Solar. I work in the industry and I understand the technology and the growing popularity (not much luck in solar). [link] [comments]  |
| Posted: 29 Oct 2020 07:45 AM PDT Did a DD on $CRWD and am quite convinced on their growth story. There isn't a lot of companies doing what they're doing, which means they will be able to eat up a lot of market share once the network effect gets stronger. Also the growth in cloud computing and remote working will only mean more demand for their cybersecurity solutions. Financials are looking really good, high Gross profit margin with tons of cash and minimal debt. Aside from the insane valuation at the moment, are there any other risks that I should be aware of before investing long term into this company? [link] [comments]  |
| Can someone explain to me why OSTK is down today after their earnings call? Posted: 29 Oct 2020 11:50 AM PDT They are up 100% YOY. I'm a noob when it comes to this stuff but with COVID raging and them being an online pure play, why is the stock price down? https://www.barrons.com/articles/overstock-com-stock-pops-after-online-retailer-reports-surprise-profit-51603977999 [link] [comments]  |
| Sony gets green light to resume Huawei partnership Posted: 29 Oct 2020 09:59 AM PDT Sony stock has boomed in recent months, but being recently cut off by the U.S. from selling camera image sensors to Huawei marked a potential slice into one of its revenue streams. After reportedly getting the go-ahead to resume those sales on Thursday, it can count on a profitable partnership with Huawei for at least Q4. [link] [comments]  |
| Netflix raises prices, stock leaps 5% Posted: 29 Oct 2020 12:41 PM PDT Netflix on Thursday raised the prices of its standard and premium plans to $13.99 and $17.99 per month, respectively. Prior to Thursday, those plans were priced at $12.99 and $15.00, respectively. The entry-level basic plan remains at $7.99 per month, the same price that was introduced last year. It's the first increase since Netflix boosted the cost of its service in January 2019. Prior to then, the basic, standard and premium plans were available for $8, $11 and $14, respectively. On the company's latest earnings call, chief operating officer Greg Peters hinted that a price increase might be coming. He said if Netflix continues to do a great job investing in original content to deliver more value for users, then Netflix feels like "there is that opportunity to occasionally go back and then ask for members, where we've delivered that extra value in those countries, to pay a little bit more." Netflix did not immediately respond to a request for comment on whether the price increases apply to existing customers and, if so, when the changes will go into effect. Netflix's standard plan offers up to 1080p quality and allows people to watch on two screens at the same time. Its premium plan includes support for sharper 4K resolutions and HDR and up to 4 screens at the same time. The basic plan supports 480p, about the quality of a DVD. Shares of Netflix were up more than 4% on the price change. Disney shares were also up more than 3% in late trading, building on gains earlier in the day. [link] [comments]  |
| Big selloff right before earning call? Posted: 29 Oct 2020 02:04 PM PDT So I'm seating there watching apples go up all day, then five minutes before the earning call there is a HUGE drop, is this the rats leaving the ship or is this normal whenever a big ticket has a new earning report. new to stock markets so not entirely sure what it means. [link] [comments]  |
| FSLY conference call discussion Posted: 29 Oct 2020 02:04 AM PDT (note: This isn't an official "earnings" thread, just a discussion of the call transcript here and especially the clarifying questions.) Well, after all the speculation, we now know why they pre-announced and what exactly it was. Everyone knew it was Tiktok, but the speculation was for some partial or future reduction in traffic, perhaps only restricted to TikTok's USA traffic. Turns out it was all of Tiktok, US and non-US. And that Tiktok pulled their traffic off earlier than expected in Q3 and will remain stopped heading into Q4. That traffic amounted to 10.8% of their business. On the one hand, that's the worst it could have been. But on the other hand, they just weathered about the biggest body blow imaginable, and it didn't even put much of a dent in their hull. The Tiktok customer loss may or may not be permanent. They say they're keeping an ongoing dialogue with them and keeping TikTok's capacity on reserve in case they want to come back if things change. That's corporate talk for "if Trump's Tiktok threat goes away". Fastly explained that some customers have a basic commitment of traffic, and then pay for whatever usage is above their commit level. Typically that can be like 50 commit, 50 usage. But Tiktok was apparently very low commit, so that means only low billing for Q3 and only the minimum billing for October of Q4 is in their projections. The other rather mild negative is some new customer add-ons have been delayed a small bit by what they kept calling timing issues. Code, travel, COVID, that sort of thing. But beyond the gut punch of losing your biggest customer due to a presidential tantrum and extortion scheme, everything else sounded extremely promising. They appear to have 42% growth and 58% margin. For cloud/tech stocks, that means FSLY has an impressive 100 score on the rule of 40 gauge. They have just launched their compute-at-edge which should create impressive new abilities that haven't even been fully imagined yet. They also have got their Signal Sciences merger done and booking $8 million revenue is filling the hole that comes from losing Tiktok. They make the point that they have 300 customers so far in a market that has tens of thousands of potential customers, so the potential is immense. They regard their solutions as "high quality" and more intricate, not "commodity". [link] [comments]  |
| Mark Zuckerberg just gave Facebook employees all of Thanksgiving week off Posted: 28 Oct 2020 06:27 PM PDT Facebook CEO Mark Zuckerberg is giving all U.S. employees the entire week of Thanksgiving off, according to an internal message he sent on Wednesday night. The move is meant to reward employees for the work they've done during "unprecedented challenges," and could help bolster morale after the company's moderation policies have come under fire from some employees. The note says that all employees around the world will get an extra three days off — either Monday Nov. 23 through Wed. Nov 25, or other days for particular teams or geographical regions. "The idea here is to give as many people as possible a break. I hope you can disconnect and take the time to rest and recharge before the final push of the year," Zuckerberg wrote. Facebook has faced an unusually tumultuous time internally. All employees have been working remotely since the early days of the coronavirus pandemic, and the company has instituted a wide range of policies around misinformation and political posts over a politically charged summer and in the run-up to the U.S. elections next Tuesday. Facebook reports Q3 earnings on Thursday. [link] [comments]  |
| Can someone explain to me what is happened to Rolls Royce (RR) Posted: 29 Oct 2020 11:48 AM PDT I'm rather new to investing. For some context, I started doing research about a year ago, started investing as the market went down due to covid. RR dropped from 220 to 75 at market open the 28th. I am aware they closed the factories temporalily and announced cutting management costs leading to the drop. Still it seems like a massive drop to me. Is this a large portion of investors pulling out expecting bankruptcy? I also read something about RR offering new shares to their shareholders. What does this mean and how exactly does it work? The situation is very interesting to me, hence the question. It seems like an interesting high risk investment. Let's say the company doesn't go bankrupt the long term gains look massive given where the stock price has historicly been. [link] [comments]  |
| Holding a index fund with QQQ question. Posted: 29 Oct 2020 12:17 PM PDT Hello, I made my Fidelity Roth IRA about a year ago but I'm trying to condense and noticed a possible overlay of holding these two together. I do like the FSKAX index fund because I can invest the amount I want but I also love QQQ... The price of each doesn't really matter to me but I'm just looking for opinions on which one to focus on at age 27. FSKAX Total market index fund: $93.23 (holdings and percentage estimate it holds) AAPL 6% MSFT 4% AMZN 4% FB 2% GOOGL 1% GOOG 1% BRK.B 1% JNJ 1% TSLA 1% V 1%. QQQ: $277.89 (holdings and percentage estimate it holds) AAPL 13% MSFT 10% AMZN 10% FB 4% TSLA 3% GOOGL 3% GOOG 3% NVDA 2% ADBE 2% PYPL 2%. I am aware of the expense ratios of both, I love the holdings in each and even own some individually in my regular account. Just feel one would be better to focus on and looking for opinions. Thanks for the read & input! [link] [comments]  |
| You are subscribed to email updates from Stocks - Investing and trading for all. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment