Stocks - r/Stocks Daily Discussion & Fundamentals Friday Oct 30, 2020 |
- r/Stocks Daily Discussion & Fundamentals Friday Oct 30, 2020
- Apple now has $191.83 billion in cash on hand — down nearly 7% from a year ago
- Here is a Market Recap for today Friday, October 30, 2020. What a crazy day, hope this helps a bit :)
- Square losing 8% in a day
- If market doesn't care who wins elections, why does it matter?
- Since when was acquiring companies a bad thing?
- What is going on with beyond meat stock?
- Amazon and Tesla valuations
- Today might be a good day to pick up BABA & Chinese EV stocks before the ANT IPO
- How realistic is a big recovery?
- Morning Market Synopsis - Friday, Oct. 30, 2020
- Selling position to lock in profit?
- No Thread About AMZN Yet?
- TWTR
- Jumped in the market today & went in big....
- [SERIOUS] What is the longest time you’ve ever baghold a stock? And how did it turn out?
- Thoughts on NIU?
- Amazon Will Continue Its Hiring Spree
- NIO stocks for a new invester
- Anyone else been buying up BABA in anticipation of the ANT ipo?
- Would you buy AT&T? Has 10B cash, 37B levered free cash flow, and 180B debt.
- NIO vs LI vs XPEV
- Just asked Fastly sales rep on their website on how different Fastly is compared to Akamai or Clouflare.
| r/Stocks Daily Discussion & Fundamentals Friday Oct 30, 2020 Posted: 30 Oct 2020 01:07 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post. Some helpful day to day links, including news:
Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well. See the following word cloud and click through for the wiki: If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" 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. Useful links:
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| Apple now has $191.83 billion in cash on hand — down nearly 7% from a year ago Posted: 30 Oct 2020 05:17 AM PDT https://www.cnbc.com/2020/10/29/apple-q4-cash-hoard-heres-how-much-apple-has-on-hand.html Apple now has $191.83 billion cash on hand, according to the company's fiscal fourth-quarter earnings report released Thursday. Google and Amazon had $121.08 billion and $71.77 billion, respectively, at the end of the second quarter, according to FactSet. Microsoft had $137.98 billion at the end of its fiscal first quarter, according to FactSet. Microsoft's first-quarter 2021 results were released earlier this week. Apple has continued to invest in Apple TV+ original content and new upcoming services such as Fitness+, which will offer fitness classes on iPhones, iPads and the Apple TV to Apple Watch owners. Fitness+ is set to launch by the end of this year. Thanks for the award. [link] [comments]  |
| Posted: 30 Oct 2020 01:08 PM PDT PsychoMarket Recap - Friday, October 30, 2020 The stock market fell sharply today, erasing yesterday's gains to close out one of the worst weeks and worst month since March. Volatility has dominated markets in the last few weeks, with investors spooked by the uncertainty of the US presidential elections, a record number of coronavirus infections in the US and Europe, and a new wave of lockdowns across Europe. The tech-heavy Nasdaq (QQQ) performed the worst, ended the day 2.54% down, the S&P 500 (SPY) ended the day 1% down, and the Dow Jones (DIA) 0.52% down. Yesterday after-hours, heavily-weighted tech companies, like Apple (AAPL), Amazon (AMZN) Alphabet (GOOG, GOOGL), and Facebook (FB) reported their quarterly earnings. Though most reported third-quarter results that exceeded expectations, shares of these companies (except Alphabet) pulled back steeply today. After the strong performance of these stocks compared to the broader market this year, market participants had set their expectations exceptionally high. In other words, traders expected these companies to beat expectations by a much greater margin than they did. The earnings results for all these companies can be found in yesterday's issue of the daily recap. Today, the Federal Reserve announced it lowered the minimum loan size for its Main Street lending program to $100,000 from $250,000 and that "fees have been adjusted to encourage the provision of these smaller loans". Demand for the lending program has been weak thus far, with the Fed having offered just 400 loans totaling $3.7 billion, out of the total $600 billion capacity. As many pundits have pointed out, many small- and mid-sized businesses have stayed on the sidelines from taking on more loans that they would eventually need to pay back during the pandemic. Unfortunately, according to data from Johns Hopkins University, there were 88,521 new coronavirus infections reported in the US yesterday, another record, and 9,540 more cases than were reported Wednesday. The trend this week is worrying, given that only last Friday, the US set its previous record for daily new infections. According to the Washington Post, The total number of infections reported nationwide since February is virtually guaranteed to reach 9 million on Friday, just 15 days after the tally hit 8 million. At least 228,000 deaths have been linked to the coronavirus in the country. Europe is in the thralls of a second surge in coronavirus, with the continent now accounting for 46% of global cases and nearly a third of total deaths. According to World Health Organization (WHO) Spokesperson Dr. Margaret Harris, compared to last week, daily cases in Europe have risen by "about a third" and daily deaths by "close to 40%" this week. This month, both France and Spain have declared states of emergency, imposing more restrictions to try to ease up pressure on hospital ICU departments. In France, the worst-hit country, more than half of ICU beds are occupied by COVID-19 patients, according to the Ministry of Social Affairs and Health. Today is the last Friday before the US presidential election on Tuesday. Regardless of political leanings, the results of this election are sure to have a massive effect on the stock market, it'll be interesting to see how markets react to whatever the US decides. Highlights
"A person who won't read has no advantage over the one who can't read" -Mark Twain [link] [comments]  |
| Posted: 30 Oct 2020 07:35 AM PDT Im sure most of you here know SQ. Its been sliding down for a while like the rest of the market, which doesnt seem too concerning. But i noticed today it lost 8% already which seems pretty extreme. Would this be just because the fast growth of this year or did i miss some news? Thanks [link] [comments]  |
| If market doesn't care who wins elections, why does it matter? Posted: 30 Oct 2020 09:43 AM PDT Why is the market bearish pre elections if assumingly the market doesn't care who wins? If it doesn't mind if its either Biden or Trump, then doesn't the uncertainty not matter? Maybe as a new investor (and non US) I just don't understand the US election's impact on the market [link] [comments]  |
| Since when was acquiring companies a bad thing? Posted: 30 Oct 2020 10:39 AM PDT Both AMD and SQ have been dropping (of course, so has the entire market.) SQ especially higher than the others, and the claim for this is due to their potential acquisition of credit karma. Same with AMD and X company. Wouldn't broadening your market diversity as well as expanding ownership be a positive thing for these companies? Why are these seen negatively? I understand debt, but if it's manageable i don't see that being a problem. [link] [comments]  |
| What is going on with beyond meat stock? Posted: 30 Oct 2020 12:24 PM PDT It has been one roller coaster as a stock. It went from 130 to 200 and then now it dropped back to 144. Earnings report won't be released until November 9th. All I've been hearing so far is they're partnering with various companies- Starbucks, yum, McDonald's in the uk, and expanding the distribution at Walmart. All these actions should drive up the stock price. What am I missing? [link] [comments]  |
| Posted: 30 Oct 2020 02:34 PM PDT So I completely agree these stocks are amazing businesses and can see all the future growth. But with both having P/E valuations well north of 100 I struggle to see how I can make any long term growth in these stocks. Personally like to buy for the long run and get companies with sub 50 P/E and watch them grow [link] [comments]  |
| Today might be a good day to pick up BABA & Chinese EV stocks before the ANT IPO Posted: 30 Oct 2020 05:21 AM PDT Today might be a good day to pick up BABA & Chinese EV stocks before the ANT IPO, because of an alignment in the mainland markets and futures here. There was a pullback last night after multiple days of very strong gains in Chinese stock markets this week and, here locally, US stock futures are down after yesterday's bounce. Predicting moves for Asian ADRs listed on US exchanges is complicated by there being different factors in multiple economies, but when overnight markets in Asia are aligned with US futures, that often indicates a clear direction for the day. This might be a good day for people who think they missed the boat on some EV stocks or BABA. On the other hand, those stocks haven't done that badly in recent pullbacks in the US markets this week. Also, this is my first heads-up that while US retail investors are being fed one line of warnings and dire accusations of worthlessness about Chinese assets in the popular media and from politicians, US institutional and professional investors, including our leading investment banks, have been quietly ramping up their holdings of Chinese stocks and a record amount of Chinese corporate bonds and Chinese government bonds, and opening new business leading activity in China this year. This includes Goldman Sachs, Morgan Stanley, Citigroup and J.P. Morgan. Personally, I've seen enormous amounts of steady volume that suggests and strong, steady but quiet institutional buying, in Chinese stocks during this period of volatility. For example, trading in Chinese EV stocks can be routinely in the tens and hundreds of millions of shares a day now, which far outstrips the trading even in US mega cap stocks on volatile days. The information gap between the information that the average retail investor in the US gets from popular media about how bad Chinese investments are, while US professional investors and investment banks are piling into China, according to information that we get from reading international news about that subject, is pretty significant. It seems to me that a lot of US retail investors are being misled into holding the bag for a couple of dozen inflated mega cap stocks in a US stock market bubble while professional, institutional and investment bank majors have been quietly building magnificent stakes in Asian investments in Q2 and Q3, to the point where they're piling in with billions even as retail investors are being constantly warned about how bad the investments are. But this is my personal opinion. On Information Asymmetry: I feel that there is a very significant information disconnect and that it provides US retail investors with political agenda-driven, misleading information about investment risks of Chinese assets and that the negative information about those risks is at odds with international news reporting about what our investment banks and institutional investors are actually doing in China, and that information disconnect is the real risk of investing over there, because of the information asymmetry disadvantage that creates. Information asymmetry and its role in market failures and valuation errors, is a fundamental and well understood economic dynamic. Just saying. [link] [comments]  |
| How realistic is a big recovery? Posted: 30 Oct 2020 12:36 PM PDT Hi, I understand that the market is volatile at the moment and hopefully it will calm down after the election but in the last week or so some of my stocks have declined by over 20%. I haven't been investing for very long so I was wondering how realistic it is to expect a similarly quick recovery in the next few months, are we likely to see a drift back up and those losses reversed or will it be a slow climb compared to the speed of the downward slope? [link] [comments]  |
| Morning Market Synopsis - Friday, Oct. 30, 2020 Posted: 30 Oct 2020 08:11 AM PDT US equities lower: Dow (1.43%), S&P 500 (1.70%), Nasdaq (2.59%), Russell 2000 (1.75%)
Notable Gainers:
Notable Decliners:
10:01:07 AM CDT on 30 Oct '20 [link] [comments]  |
| Selling position to lock in profit? Posted: 30 Oct 2020 12:38 PM PDT For the few past days I have seen people saying that they are selling their stocks to lock in profit. I don't quite understand that mentality. When a stock is sold, the gain is taxed at 15% for more than 1 year, or 22% for less than a year. Basically, they are so afraid of losing hypothetical money that they are willing to lose real money, and a significant chunk at that What? On top of that, if their stocks recovered and they don't time their entry right, they will lose even more money from the rally. I don't understand what their investment strategies are. It doesn't sound smart to sell when this is the opportunity to buy stocks on-sale. [link] [comments]  |
| Posted: 30 Oct 2020 07:36 AM PDT Maybe I missed it but I didn't see any thread about AMZN this morning. Beat earnings, down 4.20% (chuckle chuckle) as of the time of this post. It has been interesting to watch small companies with high chances of long-term failure/obsolescence go bananas after beating earnings and then large companies with almost no chances of being at risk long-term go "Meh" or down after beating earnings. Any thoughts as to what is at play here? I'm still happily holding AMZN long in my portfolio but would love to hear thoughts from others. [link] [comments]  |
| Posted: 30 Oct 2020 09:30 AM PDT People fear Twitter reported 9 million less users for the quarter and could drop more if Trump loses. It still beat revenue expectations with an EPS of 0.19 vs expected EPS of 0.06. What are your thoughts on buying twitter down 20% today? [link] [comments]  |
| Jumped in the market today & went in big.... Posted: 30 Oct 2020 01:45 PM PDT With the market tanking,... I thought it was a good time to jump in.... I went in throughout the day... wish I waited till later in the day to get Amazon or hundred & change cheaper but I got in.... Also went big on Tesla... I intend to stay in 10+years. Think musk & his batteries will be selling to all the major players.... thoughts? [link] [comments]  |
| [SERIOUS] What is the longest time you’ve ever baghold a stock? And how did it turn out? Posted: 30 Oct 2020 07:35 AM PDT We all know that being a bag holder is one of the worst experiences in stock investment. So, have you ever held a stock at a loss for a long time and did you manage to sell at a profit? I wanna hear some good stories with penny stocks. [link] [comments]  |
| Posted: 30 Oct 2020 04:58 AM PDT No, not NIO, but kinda like them. NIU is an electric scooter company in China. They've been making a solid run this year, going from $8 in January to $27. They had 250,000 sales last quarter which is 67% growth year over year. So, what are your thoughts on this stock over the long term? Buy/hold? I'm thinking it's got the upside of NIO without the hype. [link] [comments]  |
| Amazon Will Continue Its Hiring Spree Posted: 29 Oct 2020 07:59 PM PDT Amazon Quarterly Earnings(PDF) 100,000 new permanent jobs at $15 and full benefits in NA. 17,000 corporate and tech jobs in NA. 100,000 seasonal jobs in NA. 10,000 new permanent jobs in UK. More new permanent jobs in Germany bringing the total to 16,000. Around 100,000 seasonal jobs in India. My take: While seasonal jobs are a sign that management may have good sales in their respective seasonal quarters. Permanent jobs indicate that management expects significant growth opportunities and justifications to hire them. Add to that, Amazon's headcount has already jumped 50% year over year. And its growing ad revenue is also going stellar. It's growing close to 50%. To me, Amazon seems to be undervalued. Disclosure: I am long AMZN. [link] [comments]  |
| Posted: 30 Oct 2020 05:32 AM PDT Hello! I'm a brand new investor with basic knowledge of trading. I Have never invested but have being reading about NIO stocks and was planning on buying 500-1000 dolars worth of stocks today or monday...i'm looking for a long term invesment in this company What are your thoughts for a new invester like me? Thank you [link] [comments]  |
| Anyone else been buying up BABA in anticipation of the ANT ipo? Posted: 29 Oct 2020 04:42 PM PDT BABA owns 30% of ANT. The IPO is set to be the largest in history. For many reasons this seems like a no brainer play. Im hoping Baba is +400 by end if year. Anyone else playing this? Any predictions? [link] [comments]  |
| Would you buy AT&T? Has 10B cash, 37B levered free cash flow, and 180B debt. Posted: 30 Oct 2020 01:13 PM PDT Yahoo finance gave them a buy rating. They got a lot of debt but plan to pay off a lot of debt in the next coming years. Are you interested in buying AT&T and them banking on 5g and hbomax? I'm thinking of buying some periodically. I'm not the sell type, whenever I buy a stock I plan to hold it forever even through tanks. What are your guys' thoughts? [link] [comments]  |
| Posted: 30 Oct 2020 10:54 AM PDT Started buying NIO two weeks ago. Clearly like most on this sub I'm bullish on it. But now I'm looking at th other big two Chinese EV manufacturers—LI and XPEV. Their stock is still reasonable. Worth it? Or just stick to NIO? [link] [comments]  |
| Posted: 29 Oct 2020 10:59 PM PDT "Our X-factor is the importance we place on providing real-time capabilities and information. Especially in an era where you need to make quick changes on the fly or see how users are reacting with your service, Fastly is able to not only give you 100% of your logs in near real-time to most endpoints in the market, but we also allow you to update configurations and roll back as quickly as you can. Even from a content perspective, we're able to instantly-purge content on your site to ensure content is fresh and most up to date. Companies also choose Fastly because of how API-friendly we are. We are the market leader in dynamic content delivery whereas legacy players have issues with caching what we call event-driven or dynamic content. This means that we can cache more and effectively outperform the market. DevOps teams love to use Fastly because you can add custom logic to the network edge so that they can either make quick changes without the cost of professional services. Saying this, though, our partners are amazed at the support that Fastly can provide, on top of the extensive documentation on the developers hub that your team has on-hand. Companies also really love the fact that Fastly is a single network, no matter the size of your organisation. We integrate our DDoS, WAF and other security offerings into the edge to improve visibility and performance for everyone." [link] [comments]  |
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