Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Oct 13, 2020 |
- r/Stocks Daily Discussion & Technicals Tuesday - Oct 13, 2020
- I have $213,000 in Apple (AAPL) stock, should I start to diversify?
- Key Investor Takeaways from Apple Event
- Long term hold - Raytheon- 25% upside
- Tesla’s debt close to investment grade after S&P upgrade
- Johnson & Johnson (JNJ) Annouces Third Quarter 2020 Earnings (source: Livesquawk and smp-500.com)
- Big 5 personalities and investment behaviour
- $JPM- JPMorgan beats earnings, $2.92 reported vs $2.23 expected
- NIO
- Disney $DIS becoming attactive. Thoughts?
- Likeliness of AAPL falling below $119
- $HYLN
- Apple going to bring down the market?
- How do companies make money from stock price?
- How to track down who holds a stock
- Is $WKHS a good investment right now?
- Loop Industries plummets 39% after a short-seller report claims its plastic-recycling technology doesn't work
- $$$MicroVision$$$- About to Sky Rocket
- Need help understanding limit sell and stop limit on Wealthsimple
- Is there really any reason not to invest everything into Amazon and Apple?
- Early Investments
- Here is a Market Recap for today Tues, Oct 13. Please enjoy!
- BlackRock (BLK) smashes earnings. $9.22 EPS actual vs $7.15 expected.
- Unity Software showing a nearly perfect cup and handle pattern over the last three weeks
| r/Stocks Daily Discussion & Technicals Tuesday - Oct 13, 2020 Posted: 13 Oct 2020 01:06 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post. Some helpful day to day links, including news:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions. The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price. TA can be useful on any timeframe, both short and long term. Intro to technical analysis by Stockcharts chartschool and their article on candlesticks If you have questions, please see the following word cloud and click through for the wiki: See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| I have $213,000 in Apple (AAPL) stock, should I start to diversify? Posted: 13 Oct 2020 02:19 AM PDT I always tell myself to stop buying Apple, but I always give in because Apple is such a cash machine. Would you start diversifying new money in companies such as Square (SQ), Microsoft (MSFT) and Amazon (AMZN). Or would you keep adding more to Apple (AAPL)? Edit: Apple (AAPL) is my entire portfolio, don't own anything else. Second Edit: Damn this blew up. [link] [comments]  |
| Key Investor Takeaways from Apple Event Posted: 13 Oct 2020 11:28 AM PDT I watched the Apple event in its entirety so that you don't have to. I've written up some of the key takeaways. Tldr: Apple is positioning itself to compete more directly with Amazon's Alexa, improving their services user experience with improved device performance, and using pro models to appeal to an enterprise market rather than just device enthusiasts. There are basically two major offerings: Apple Speakers Apple is fully committing to competing with Amazon's Alexa and other smart speakers by offering a new HomePod Mini and leaning into an offering that only they can, namely the cross device functionality like the intercom feature. It's hard to overstate how much more room to deliver Apple has vs Amazon in this space, especially given their history of super useful cross platform integration. The $99 price tag is in line with Apple's premium pricing strategy which will help "fend off gross margin compression". There's historically been concern that Apple's pricing strategy sacrifices accessibility to consumers. That said, Apple has a long history of reaping the rewards from an initial device offering and offering a commodity priced product some years later. HomePod and the SE line are examples of this strategy at work and I wouldn't be surprised to see the same strategy here in the next year. iPhone 12 There's been a lot of hype surrounding iPhone 12 and while the YouTube reviewers will have their opinions, for investors, this is a home run. Investors ought to expect widespread upgrades and adoption for what is a genuinely impressive leap in performance.. There are a few changes to iPhone that substantially improves device performance and creates a new market for accessories. The most important include: Faster, faster, and Faster: iPhone 12 is going to be leaps and bounds faster than pretty much anything else between 5G functionality, improved LTE performance, and a processor that is just absolute overkill. This will enable better UE for Apple services like gaming and streaming and increases the value proposition for subscription services. 5G integration done right: 5G isn't really ready but Apple has thought through how to make it useful while it ramps up. Their NFL collaboration underscores how they will leverage regional availability into functionality for users. Everything is wireless and magnetic: Apple is finally leaning into MagSafe in a way that makes sense for users and they're creating a whole new line of compatible accessories to boot. Great function but also a great for revenue during the holiday shopping season. Pro Models: Apple has a long history of serving enterprise, in particular the medical community. They've leaned into that market in the new iPhone 12 pro with a pretty explicit pitch. We should expect to see rising adoption in medical enterprise throughout 2021. Pricing: iPhone 12 pricing starts at $699 and as they punctuate in the conclusion, the iPhone line has an entry point for every budget. They've made entry and upgrade as painless as possible with partners like Verizon. My personal take is BUY. As IT recovers from a bit of a correction from recent sugar highs Apple is showing once again that they can see around the corner and react nimbly. [link] [comments]  |
| Long term hold - Raytheon- 25% upside Posted: 13 Oct 2020 09:17 AM PDT Disclaimer - I own $11k of RTX I've been holding for a few months now - the price swings are something to play on if you like to day trade or trend trade; but I'm also in it for the long haul. IMO, while the company does have some macroeconomic headwinds ahead, it's still undervalued by about 25%. Credit Suisse just came out yesterday and said: "...we're relatively less bullish here on a near-term basis compared to other aerospace names, though we see RTX as well positioned on a 2-3 year view, which supports our Outperform rating..." Current price target is $75 from credit suisse, $78 from morning star, Jeffries at $80, etc. I'm essentially buying dips and selling short dated calls. [link] [comments]  |
| Tesla’s debt close to investment grade after S&P upgrade Posted: 13 Oct 2020 05:03 AM PDT S&P Global Ratings on Monday raised its Tesla Inc. debt ratings to BB-, from B+, leaving the Silicon Valley car maker's bonds two notches from investment grade. "Improved execution, increasingly efficient production, and global expansion continue to strengthen the company's competitive position," S&P said. It said it expects Tesla to deliver more than 470,000 in 2020, which would be within the company's goals for the year. Sales could reach more than 800,000 in 2021, S&P said. [link] [comments]  |
| Johnson & Johnson (JNJ) Annouces Third Quarter 2020 Earnings (source: Livesquawk and smp-500.com) Posted: 13 Oct 2020 04:11 AM PDT JNJ | Johnson & Johnson Q3 Earnings -Q3 Adj. EPS $2.20 (est $1.99) -Q3 Revenue $21.08 Bln (est $20.18) -Raises Guidance For FY Reported Sales By $1.0 Bln -2020 Guidance: Revenues: $81.2B-82.0B from $79.9B-81.4B ($80.66B consensus). Non-GAAP EPS: $7.95-8.05 from $7.75-7.95 prior ($7.89 consensus). Johnson & Johnson (JNJ) on Tuesday reported third-quarter earnings and revenue that beat Wall Street's expectations, led by higher sales in its medical-device unit and higher demand for some of its drugs. Source: Livesquawk & smp-500.com [link] [comments]  |
| Big 5 personalities and investment behaviour Posted: 13 Oct 2020 02:53 AM PDT Greetings to all stock market enthusiasts! As part of our academic research project, we are conducting a study on the Relationship between the Personality and Investment Behaviour of Individuals on the Stock Market. In order to do that, we require you to kindly fill the questionnaire below. It won't take more than 5 minutes, pinky promise! https://forms.gle/gxqnpWfNK5qfF41C7 Thank you so much in advance! [link] [comments]  |
| $JPM- JPMorgan beats earnings, $2.92 reported vs $2.23 expected Posted: 13 Oct 2020 04:03 AM PDT JPMorgan Chase reported earnings this morning in premarket to kick off a big week of earnings for banks. Earnings: $2.92 vs $2.32 expected Revenue: $29.94b vs $28.3b expected This is an important catalyst for banks this week as it sets the stage for BAC, BLK, C, GS, USB, MS, SCHW, WFC, and others to report. JPM shares are up $1.53 or 1.49% in premarket trading. https://twitter.com/jpmorgan/status/1315970427630616576?s=20 [link] [comments]  |
| Posted: 13 Oct 2020 09:52 AM PDT Hi guys! Just wondering how much you guys have invested into NIO. I just bought about 67 shares. Wasn't sure if I should keep going lol I have read that it has potential to go up to $40/share Just wanted feedback of what everyone else thinks Appreciate it [link] [comments]  |
| Disney $DIS becoming attactive. Thoughts? Posted: 13 Oct 2020 09:40 AM PDT Well it's not official yet. Disney still needs to let go of the past and accept the future: eg no more theaters first, streaming second. But we want to buy the rumors, if you wait for the news you are too late. Finally the right time to buy DIS, the chart might finally stop looking like a bank savings account. Thoughts? [link] [comments]  |
| Likeliness of AAPL falling below $119 Posted: 13 Oct 2020 09:30 AM PDT I have 38 shares at $119.36, I am up a nice amount at the moment but am considering selling off before the event. I would prefer to buy back shares below my current average (obviously) How big of a sell-off do you think we'll see? [link] [comments]  |
| Posted: 13 Oct 2020 01:15 PM PDT What in the fuck happened to $HYLN? Everyone was seemingly very bullish and then all the sudden shit hit the fan and now we're at $29. Anyone expecting it to go up anytime soon? Anyone bag holding? What do y'all think? edit: $26.49 [link] [comments]  |
| Apple going to bring down the market? Posted: 13 Oct 2020 11:38 AM PDT Hey everyone, So today I just sold a majority of my Apple stock alongside some others. Given that the Apple conference really wasn't all that special and was to be expected do you think this will be a catalyst for the beginning of a large dip? I'm just saying that this can add to the already poor economy, increasing covid numbers, general election. P.S I am not asking you too look into your "crystal balls" just for a meaningful discussion. [link] [comments]  |
| How do companies make money from stock price? Posted: 13 Oct 2020 06:26 AM PDT So I understand companies make money at IPO by selling a big chunk of stocks to a bank. And then the bank sells those shares to the public. But after that, stocks go to secondary market: I buy from you and you make money, the brokerage makes money. How does Apple make money because the stock price goes up? Does that mean companies own their own stock? [link] [comments]  |
| How to track down who holds a stock Posted: 13 Oct 2020 01:09 PM PDT I was not really sure where to ask this, so here I am. My grandfather died recently and left some amgen stock that he purchased back in the day. He didn't give any instructions with regard to any of his assets because he did not want to think about his death. I don't know if he owns this stock through a brokerage account or who that account might be with. Is there any way to track down who is holding onto a stock? Thank you, I know this is a bit of a strange question. [link] [comments]  |
| Is $WKHS a good investment right now? Posted: 13 Oct 2020 11:28 AM PDT I know i'm late to the party, but i've been watching Workhorse for the last couple days and wanted to gather opinions on it. Does anyone think the company will win the USPS contract? If so, what do you forecast the price to be in the coming months? I can't imagine that the recent allegations about their prototype failing will cause a long lasting negative impact on the stock. I also don't think it will affect USPS on making a decision on the 6.3B contract, especially considering this took place nearly 2 years ago but is just now surfacing. $WKHS is almost at the lowest it's been in a month. Is it a good time to buy in? Or should I wait for price to drop further? [link] [comments]  |
| Posted: 13 Oct 2020 12:24 PM PDT The same short-seller that targeted Nikola in September has set his sights on a new name: Loop Industries. In a report released on Tuesday, Hindenburg Research alleged that Loop Industries' technology for recycling plastics didn't work, describing it as "smoke and mirrors." Shares of Loop Industries fell as much as 39% on Tuesday. [link] [comments]  |
| $$$MicroVision$$$- About to Sky Rocket Posted: 13 Oct 2020 12:11 PM PDT Ive been following this stock for awhile and all of the signs point to a $0.50 jump per share closing today or tomorrow. I made a killing shorting apple and want to pay it forward. Thanks guys and dont regret not investing. [link] [comments]  |
| Need help understanding limit sell and stop limit on Wealthsimple Posted: 13 Oct 2020 10:05 AM PDT So I thought I understood limit buys and sells but I'm a little confused now. With a limit buy you basically set a share price at which you want to execute a purchase of that stock for x number of shares right? I thought the same thing applied to limit sell where you set a target price and the number of shares and then just leave it. However, when I try to do that on Wealthsimple for a price that's lower than the current one it just says it will sell it at the current price. I wanted to put a limit sell on AAPL at $121 so if it dropped to that price it would sell my shares but when I would enter that request it would give me a warning saying that the price target is below the current price so it would probably just sell now. I must not understand how it works because that was my assumption and I'm assuming the same applies to limit buys but I feel like I've gotten that one wrong as well. If anyone could shed some light on this that would be greatly appreciated! [link] [comments]  |
| Is there really any reason not to invest everything into Amazon and Apple? Posted: 12 Oct 2020 05:24 PM PDT I mean i could f go or ETFs but is it really a possibility that either apple or amazon wont continue to grow over the next 5 years? I'm not expecting them to double themselves but i just can't see either one of them out of our lives in the next decade.. The way i see it, they're basically ETFs themselves. Can someone wake me up and tell me im wrong because this just seems like such easy money it honestly baffles me.. [link] [comments]  |
| Posted: 13 Oct 2020 01:18 PM PDT I recently turned $18 and I want to get into stocks. I've been doing some research through investopedia and I got some basic knowledge of how stocks work. I am currently unemployed, and have about $500 to invest into stocks right now. Should I invest into an index fund or an ETF? or should I invest into stocks that I believe in such as AAPL or TSLA? Also there are many different types of stock investments such as dividend investors, day traders, growth investors and others. As a beginner I want to dabble in all of them but my gut says I should start with one and improve my skills as an investor. Which investing style would be ideal for a novice as myself? Also are there any other tips or recommendations you guys can give me? Any sources or channels to help me learn and grow are high appreciated as well. Thank you [link] [comments]  |
| Here is a Market Recap for today Tues, Oct 13. Please enjoy! Posted: 13 Oct 2020 01:06 PM PDT PsychoMarket Recap - Tuesday, October 13, 2020 Stocks traded mostly lower today, losing some of yesterday's gains. Market participants are digesting the first batch of corporate earnings, special events from giants Amazon (AMZN) and Apple (AAPL), and as usual, developments in Washington regarding fiscal stimulus. The Nasdaq (QQQ) finished even on the day. The S&P 500 (SPY) 0.64% down and the Dow Jones (DIA) finished 0.58%. Economists and financial analysts expect companies within the S&P 500 to post an aggregate earnings per share decline of 19.4% over this year. This estimate is higher than the 20.5% decline predicted back in the Spring. LPL Research said in a note, "The increase in analysts' earnings estimates reflects increased confidence in the outlook, even with the challenges Covid-19 still presents in terms of social distancing, various safety protocols, and shifting consumer behavior. We have been encouraged by recent data pointing to a continued steady reopening of the economy, and we believe the likelihood that additional lockdowns may meaningfully impair business activity remains very low. Today, in a letter, House Speaker Nancy Pelosi said that the White House's new proposal for coronavirus aid, saying that "in terms of addressing testing, tracing and treatment, what the Trump Administration has offered is wholly insufficient." After a day of promising developments yesterday, it appears stimulus negotiations have stalled once again. Senate Majority Leader Mitch McConnel said his party was preparing a new, targeted package of "roughly $500 billion". However, Pelosi has stated in the past, in response to the airline relief bill, that she will not support targeted stimulus, only a comprehensive package. Over the weekend, the Trump administration called on Congress to pass a smaller $1.8 billion coronavirus relief bill as negotiations on a bigger package continue to run into roadblocks. Highlights
"Faith without action is dead. It is the art of believing by doing, coming as a result of persistent action." Napoleon Hill [link] [comments]  |
| BlackRock (BLK) smashes earnings. $9.22 EPS actual vs $7.15 expected. Posted: 13 Oct 2020 05:34 AM PDT https://finance.yahoo.com/news/blackrock-quarterly-profit-sails-past-110151030.html The New York-based company's net income rose 27% to $1.42 billion, or $9.22 per share, in the third quarter ended Sept. 30, from $1.12 billion, or $7.15 per share, a year earlier. Analysts had expected earnings of $7.80 per share, according to IBES data from Refinitiv. BlackRock's performance fees jumped more than four-fold from a year earlier. Net inflows in the quarter totaled $129 billion, the company said, compared with $100 billion in the prior quarter. More than 50% of the company's long-term inflows were driven by clients in Europe and Asia. The asset manager's fixed-income funds took in $70.36 billion in new money, while its cash-management business attracted $27.8 billion in net inflows in the third quarter. [link] [comments]  |
| Unity Software showing a nearly perfect cup and handle pattern over the last three weeks Posted: 13 Oct 2020 03:22 AM PDT My understanding is that the time frame is too short for it to be a "true" cup and handle pattern, but since it's a recent IPO, it accounts for nearly half its time on the market. In any case, up over 4% in premarket today. Maybe worth a watch. [link] [comments]  |
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