Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Oct 20, 2020 |
- r/Stocks Daily Discussion & Technicals Tuesday - Oct 20, 2020
- Microsoft to work with Elon Musk's SpaceX in cloud computing for space customers.
- Here is a Market Recap for today Tues, Oct 20, 2020. Please enjoy!
- HYLIION Red day after Red Day
- Apple Seeing Strong iPhone 12 Pro Orders in All Markets, Analyst Says
- Netflix misses on subscriber additions and EPS
- Selling majority of my stocks
- Procter & Gamble beats estimates as sales jump 9% (Source: smp-500.com and CNBC)
- $RKT is going to CRUSH earnings, and the best part is that it’s not priced into its current share price.
- I am trying to wrap my head around options.. Help!
- What’s the best approach to investing for beginners?
- Does anyone else just trade for fun?
- Morning Market Synopsis - Tuesday, Oct. 20, 2020
- Dangers of options trading
- U.S. to Accuse Google of Protecting Illegal Monopoly
- Albertson's ($ACI) up 4.5% on strong earnings beat
- Hyliion News Recap (10/13 through 10/20)
- $20K to invest - Need advice on stock to buy
- Is the market exhibiting “irrational exuberance”?
- Are you buying NFLX on this dip?
- What is a good entry point for cn?
- TWLO a buy before earnings?
- Sell ZS
- Why is WKHS down 6% today?
r/Stocks Daily Discussion & Technicals Tuesday - Oct 20, 2020 Posted: 20 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] |
Microsoft to work with Elon Musk's SpaceX in cloud computing for space customers. Posted: 20 Oct 2020 03:15 AM PDT
UPDATE: Microsoft partners with SpaceX to connect Azure cloud to Musk's Starlink satellite internet [link] [comments] |
Here is a Market Recap for today Tues, Oct 20, 2020. Please enjoy! Posted: 20 Oct 2020 01:09 PM PDT PsychoMarket Recap - Tuesday, October 20, 2020 Stocks traded higher today, with market participants hoping that lawmakers may succeed in coming to an agreement for more stimulus in the near-term. Stocks lost some momentum in the last hour of market, but still ended the day higher overall. The Nasdaq (QQQ) finished the day 0.21%, the S&P (SPY) finished 0.38% up, and the Dow Jones (DIA) ended the day 0.35% up. Over the weekend, House Speaker Nancy Pelosi set a deadline for today to reach a deal with the Trump administration for an additional round of stimulus before the November election. However, in an interview today, Pelosi downplayed the importance of the deadline she had set, signaling that she is willing to keep talks going. "It isn't that this day was a day that we would have a deal, it was a day that we would have our terms on the table to be able to go to the next step. Hopefully by the end of the day today, we'll know where we stand." In other words, if a bill is to be voted on and passed before the November election, terms need to be agreed and the bill written soon. Sen. Richard Shelby of Alabama responded saying, "You never know what's going to happen around here at the last minute but it's getting to be toward the last minute and the clock keeps ticking away. I'm not optimistic about doing anything." Treasury Secretary Steve Mnuchin and Pelosi are set to continue discussion regarding stimulus today at 3 p.m. easter time, as both officials make a push to come to an agreement very soon. Discussions between the pair have been ongoing for weeks but unfortunately very little progress seems to be made, grappling with disagreements on issues including state and local funding and liability protection, per the Wall Street Journal. Let's hope they are able to come to a decision. Pres. Trump also supported the idea of a large, comprehensive stimulus package saying "I want to do it even bigger than the Democrats. Not every Republican agrees, but they will. I want to do it even bigger, because this is money going to people who did not deserve what happened to them." Highlights
"If you cannot do great things, do small things in a great way" - Napoleon Hill [link] [comments] |
Posted: 20 Oct 2020 07:49 AM PDT Hyliion was getting talked about left and right in this forum a couple weeks ago with everyone & their mothers saying to buy buy buy Keeping an eye on it these last couple weeks, it's been constant red day after red day. Who's bag holding or adding positions? What's the move you think, is this just a correction? It is still up over 100% since IPO [link] [comments] |
Apple Seeing Strong iPhone 12 Pro Orders in All Markets, Analyst Says Posted: 20 Oct 2020 09:56 AM PDT Apple  appears to be seeing strong early demand for the new iPhone 12 Pro, with significant wait times for delivery in all areas. Apple introduced the new 5G-compatible iPhone 12 lineup last week. Credit Suisse analyst Matthew Cabral writes in a research note that as of Monday—four days before consumers can actually get the new Apple (ticker: AAPL) phones—preorders look similar to those at the same point in the iPhone 11 cycle. Wait times are longer for the iPhone 12 Pro than the flagship iPhone 12 in all markets, "fitting the pattern of higher-end users more likely to buy early in the launch cycle," Cabral says. IPhone 12 Pro demand appears highest in Asia, he notes, where wait times exceed three weeks on most models in both Japan and Hong Kong, with waits of two to three weeks in China, one to three weeks in Europe, and less than two weeks in the U.S. He says iPhone 12 base model lead times are less than a week in the U.S., while wait times in Canada, Japan, and Hong Kong are running one to two weeks. Color options to not appear to be impacting wait times, he adds. Cabral's findings are consistent with a report yesterday from Taiwan-based analyst Ming-Chi Kuo of TF International Securities, who noted stronger-than-expected demand for the iPhone 12 Pro, with high levels of demand in China. Apple began taking orders for the iPhone 12 and iPhone 12 Pro last Friday, for delivery starting this Friday. Both have 6.1-inch displays. Buyers can preorder both the 5.4-inch iPhone 12 Mini and the 6.7-inch iPhone 12 Pro Max starting Nov. 6. Source: Barron's [link] [comments] |
Netflix misses on subscriber additions and EPS Posted: 20 Oct 2020 01:13 PM PDT Netflix reported earnings for its third quarter of 2020 after the bell on Tuesday. The company fell short of analyst estimates on earnings per share and global paid net subscriber additions, but exceeded expectations on revenue. Shares fell 6% during after hours trading. Here are the key numbers: Earnings per share (EPS): $1.74 vs $2.14 expected, according to Refinitiv consensus estimate. Revenue: $6.44 billion vs $6.38 billion expected, according to Refinitiv. Global paid net subscriber additions: 2.20 million vs. 3.57 million expected, according to FactSet. https://www.cnbc.com/2020/10/20/netflix-nflx-earnings-q3-2020.html [link] [comments] |
Posted: 19 Oct 2020 04:37 PM PDT I've been investing for a year now and I'm proud of how I've made my portfolio grow. I have two accounts, one is a brokerage and the other I transferred my 401k into (I have a city retirement fund as I work in public safety). Between the two accounts I have $16,000, evenly split between the two, and I've decided I have to sell off most of my brokerage account because I need the money to move out and buy a house. It's just such a cruddy feeling to sell off a bunch of my stocks, even though I've made profits and this is ultimately what I started to invest in for, to make profits and buy myself nice things. But in the last year I've really become invested (pun intended) to researching companies and investing my money in them, it's become a hobby for me. This subreddit has really been awesome in learning how to cope with mistakes and how to stay strong and hold out, especially with Covid screwing up the market as much as it has. Anyways, just needed a little rant because come tomorrow I'll be selling a few thousand in stocks, which is gonna be pretty difficult. But once I buy myself a good home I'm gonna be happy that I got into investing. Best of luck to all of you. [link] [comments] |
Procter & Gamble beats estimates as sales jump 9% (Source: smp-500.com and CNBC) Posted: 20 Oct 2020 04:09 AM PDT Procter & Gamble (PG) Q121 Earnings: -Revenue: $19.3B (est $18.40B) -Adj EPS: $1.63 (est $1.42) -Boosts Year Organic Revenue View To Up 4%-5% -Raises FY21 Stock Buyback View To $7-9B (From $6-8B) The company reported fiscal first-quarter net income of $4.28 billion, or $1.63per share, up from $3.59 billion, or $1.36 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings of $1.42 per share. Net sales rose 9% to $19.32 billion, topping expectations of $18.38 billion. Source: smp-500.com and CNBC [link] [comments] |
Posted: 20 Oct 2020 08:06 AM PDT $RKT Rocket Companies, IE: Quicken Loans announces third quarter earnings date. This company is completely undervalued right now, reaching a peak of $34.42 the price is currently sitting around $21. The housing market is currently BOOMING and home values are higher than ever with interest rates lower than ever. Currently sitting on $10.1 Billion in revenue it has a Gross Profit of $5.3 Billion, a profit margin of 47.46%. I would recommend jumping into this beast. https://finance.yahoo.com/news/rocket-companies-announces-third-quarter-100000117.html "DETROIT, Oct. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto – today announced the Company will issue its third quarter 2020 earnings on November 10, 2020. Management will host a conference call to discuss results at 4:30pm ET on this date, and a press release detailing the Company's results will be issued prior to the call." [link] [comments] |
I am trying to wrap my head around options.. Help! Posted: 20 Oct 2020 11:46 AM PDT I have read about options in past a number of times.. and think I understand. I know a guy has to be very careful with them! That is why I would like to sell a covered call. So just pulling up the first one (expires 10-23). The Strike is $288, bid 2.60, ask 2.63. As I understand it if I place this order I would commit to selling 100 shares at $288 between now and the 23rd. For this commitment I would receive $260 whether they sell or not. And if they sold I would get the $28,800. Is that correct? [link] [comments] |
What’s the best approach to investing for beginners? Posted: 20 Oct 2020 08:50 AM PDT I'm 26, have around £74,000 left to pay on my mortgage on a house worth around £200,000. I have an emergency fund of six months worth of bills. My monthly expenses are 65-70% of my monthly salary and looking to get into investing. I'm very much a beginner and wondering if it's worth pursuing investing on my own, via financial advisors/brokerages etc. I'm looking to pay my mortgage off as soon as possible and to steadily build a portfolio. I have a beginner level knowledge of investing so don't want to just rush in without knowing as much as possible. A few people have told me investing in investment groups like Vanguard is worth looking at. I guess there's advantages and disadvantages to that. Thank you for any help you can provide. [link] [comments] |
Does anyone else just trade for fun? Posted: 19 Oct 2020 05:46 PM PDT i put in 3300 a few months ago...kind of for fun. stocks will probably make me more than a savings account. i'm enjoying checking shit regularly and buying/selling stocks. it isn't my retirement, it isn't long term stuff, it's just for fun and someting different for me. hope i'm not the only one [link] [comments] |
Morning Market Synopsis - Tuesday, Oct. 20, 2020 Posted: 20 Oct 2020 07:30 AM PDT US equities higher: Dow +0.73%, S&P 500 +0.82%, Nasdaq +0.80%, Russell 2000 +0.80%
Notable Gainers:
Notable Decliners:
09:23:37 AM CDT on 20 Oct '20 [link] [comments] |
Posted: 20 Oct 2020 12:05 PM PDT Hello everyone. It seems like daily I'm seeing far more post of guys losing high amounts of money trading options than being successful. I only trade stocks. I have never traded options but watching YouTube tutorials it seems like it should only be to your advantage to do so. It seems like it's simply insurance. What am I missing and what are the dangers that I'm not seeing? Thanks in advance. [link] [comments] |
U.S. to Accuse Google of Protecting Illegal Monopoly Posted: 20 Oct 2020 06:50 AM PDT
[link] [comments] |
Albertson's ($ACI) up 4.5% on strong earnings beat Posted: 20 Oct 2020 12:39 PM PDT Albertson's beat earnings. Adjusted EPS .60 vs estimates of .27. Digital sales up almost 250%. Sales up 1.6bn from previous year (about 10% growth). Saw this stock hyped a bit recently as undervalued and after some DD, I agree it was/is undervalued and a good value play. I went in long before earnings and will hold for at least a year through COVID assuming the crisis leads to less restaurant dining. Stock seems to have settled around $15/share today. Still seems undervalued, revenue is growing and they are adding new stores, announced a dividend which indicates they are not worried about revenue and paying off their debt. [link] [comments] |
Hyliion News Recap (10/13 through 10/20) Posted: 20 Oct 2020 01:44 PM PDT My previous post on Hyliion due-diligence was well received. It seems that many of you are invested in HYLN and could use a news update on what's going on in the world of Hyliion. Here are some articles regarding HYLN that made their way into the news this past week. 10/13: Axioma Ventures Reveals a 10.82% Stake in HYLNAn important distinction; Axioma Ventures did not recently purchase these 16,656,790 shares. This confirms that Axioma already owns these shares. This was previously announced via Hyliion's Twitter on September 20th, 2017, but it was overlooked by many. https://twitter.com/hyliion/status/910509555112488960 10/15: Goldman Sachs Gives HYLN a "Neutral" Rating with a Price Target of $22HYLN is experiencing so much volatility that it's virtually impossible to predict the floor/ceiling of their current share price value. Interestingly enough the $30 put options expired the day prior to this headline hitting the papers and the stock opened pennies shy of $30 on 10/15. Conspiracy theorist? Maybe. Call me whatever you want, but if you think Wall St. isn't run on insider trading and manipulation then you're in for a reality check (case in point: JP Morgan's $41 EOY2021 price target on Nikola announced yesterday). Just another reason to despise price targets on any company. Do your own DD and set the values and targets for yourself. Source: https://investorplace.com/2020/07/goldman-sachs-nio-stock-overvalued-right/ 10/15: Cramer (Host of Mad Money) Provides a Buy-Target at $20Again with the price targets. That information does nothing for me. Let's dig a little deeper into Cramer's points and look for something with substance. Positive Statements:
Negative Statements:
10/15: Hyliion Announces a Partnership with American Natural Gas (ANG)This news came out the day after I released my initial DD post, and it's very important. ANG is an industry-leading alternative fuel provider and not only did ANG pre-order up to 250 Hypertruck ERX vehicles, but they've also agreed to offer Hyliion customers discounted pricing at every ANG renewable natural gas station in the country. For qualifying fleet customers ANG has also agreed to build new fueling stations near Hyliion's customer locations with no upfront capital costs to such customers. This is absolutely massive news. Source: https://www.businesswire.com/news/home/20201015005658/en/ Source: https://twitter.com/ANG_NATURALGAS/status/1317196298198671360 10/16: Shorting Research Agency Releases Skeptical Study on HLYNI read through this hoping that it'd provide me with some good counter-points to investing in HYLN because I believe that finding the shortcomings of a company is more important than knowing the potential it has for the future. I was disappointed to find that the article is riddled with incorrect information, countless grammatical errors and unreliable sources (lots of "he said she said"). The disclaimer at the very end of the report specifically mentions that the entire report "expresses solely our opinions" and that they stand to profit from HYLN stock price dropping (hence, shorting company). I won't be breaking down the entire report as there are several YouTube videos that accomplish just that. I'm happy to provide the links to those videos directly to anyone interested via PM (r/stocks doesn't allow for YouTube links to be posted). Source: https://www.bonitasresearch.com/company/hyliion-nyse-hyln/ 10/17: Motley Fool Publishes a Positive Merger Article, Specifically Mentioning HYLNMotley Fool mentions that Nikola Motor's fall has turned people away from special merger companies as a whole, but specifically mentions HYLN as one of the few merger companies that remain a diamond in the rough. The article features nothing short of positive notions toward HYLN. A key point that they make is Hyliion's ability not to disrupt the current trucking businesses but rather to help shift the current-existing technology and OEMs into the modern day/future of renewable energy with their hybrid conversion technology. I only wish that they spoke about the Hypertruck ERX, which certainly can be argued as disruptive technology. Source: https://www.fool.com/investing/2020/10/17/sp acs-are-in-a-bubble-but-these-3-stocks-will-make/ Source #2: The same article above was listed on nasdaq.com: https://www.nasdaq.com/articles/sp acs-are-in-a-bubble-but-these-3-stocks-will-make-it-through-2020-10-17 10/19: Modern Transportation Begin Test Drive of the Diesel Hybrid TechnologyNot much to say here besides some potentially positive PR. Looking forward to their review. Source: https://twitter.com/Drive4Modern/status/1318213787531489282 10/19: C.A.T Transport Testing HYLN Hybrid Product with Five TrucksC.A.T has approximately 100 trucks in their fleet, they're testing Hyliion's hybrid solution on five trucks to determine if they will fit the rest of their fleet with the same technology. The article states that C.A.T is also interested in Hyliion's Hypertruck ERX, beginning delivery next year. And there you have it. A week's worth of great news and a week's worth of price drops. No, I don't know why it's happening. What I do know is that generally when something is sold so heavily day after day despite positive news, then time to buy is around the corner. Plan one step ahead of the market, and happy trading, everyone. [link] [comments] |
$20K to invest - Need advice on stock to buy Posted: 20 Oct 2020 01:19 PM PDT I'm not sure this is a great time to get in on a lot of stocks. I was thinking of just going with blue chip (AAPL, GOOGL, AMAZON, MSFT). They all seem to be riding high though. I can always wait for a sell off but it seems they just keep running.
[link] [comments] |
Is the market exhibiting “irrational exuberance”? Posted: 20 Oct 2020 10:32 AM PDT I do my best to set aside any notion of being bullish or bearish, and wonder if the global market is reflecting something deeply and fundamentally unrealistic. Of course, there are a myriad of approaches one may take to analyzing this question. My intuition (for what that's worth) tends toward the thought that there is a profound disconnect between the markets and conditions on the ground. Some say that the numbers are the numbers. Some say that the market "prices in" all prospects and sentiments. The real global financial powerhouses make billions of dollars with fantastically complex algorithms, trading millions of shares per second on fractions of a penny. Where does that leave us? [link] [comments] |
Are you buying NFLX on this dip? Posted: 20 Oct 2020 01:19 PM PDT Netflix $NFLX is dipping, sub $500 post earnings down 5%+ as of writing this. some key numbers from earnings: -> Earnings per share (EPS): $1.74 vs $2.14 expected, according to Refinitiv consensus estimate -> Revenue: $6.44 billion vs $6.38 billion expected, according to Refinitiv -> Global paid net subscriber additions: 2.20 million vs. 3.57 million expected, according to FactSet Are you buying this dip, or are we going into bear mode for Netflix? [link] [comments] |
What is a good entry point for cn? Posted: 20 Oct 2020 07:09 AM PDT Been looking at this stock for a while and it just keeps going up. (Canadian National Railway) People were telling me its overvalued at 125, then at 130, now its 145 about to break 150. When is a good point to enter? Those saying its over valued, when do you think itll correct itself? ER is coming up soon, think itll crash after that and its a good time to get in? Ive read they are expecting to beat their estimate, would that mean itll keep going up though? [link] [comments] |
Posted: 20 Oct 2020 12:53 PM PDT I think Twilio has had some pretty good progress during the pandemic. One quarter was profitable, all other quarters are beating expectations, so things look pretty solid for the future. I think the 40% runnup for their profitable earnings was a little too much, but I still don't see this dipping far below. I'm targeting around 340 after earnings, probably around a 10% uptick if better than expect results. It had a crazy runnup though, which is a little concerning, but I do see their customer base only growing than shrinking in the near future. Looks like it was unnecessarily hit today, like WORK or any other WFH stock. Thoughts? [link] [comments] |
Posted: 20 Oct 2020 12:39 PM PDT ARK has removed ZS entirely from ARKW and 48% out of ARKF. I'm up big on ZS and I'm thinking it'd be wise to follow their lead. So my next question is where I should reallocate the funds. Thinking about adding/starting positions in PTON, LMND, OKTA, NVDA. For context im a growth investor with a horizon of 5-10+ years. What do you think? Any other suggestions? [link] [comments] |
Posted: 20 Oct 2020 10:26 AM PDT Although news has been slow, it has been steady and generally positive. I know there was recent news of GM converting a factory to produce electric cars, could this be why WKHS is down? How would that affect the stock price? Tesla is down some, is WKHS down in sympathy? [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