Stocks - Wall Street Week Ahead for the trading week beginning October 12th, 2020

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• Wall Street Week Ahead for the trading week beginning October 12th, 2020
• Apple Starts Shipping Devices From Stores to Speed Up Deliveries
• HYLN: Did I fall for the pump and dump?
• 90% of Lemonade customers are millennials and first time insurance purchasers. Which has very positive implications for their growth rate in the next 5-10 years.
• If Apple is not allowed to ban Epic Games, would that be a precedent set for the rest of technology?
• Alibaba (BABA) thoughts on valuation and growth.
• Psychedelic Stocks - Shroom Boom or Bad Trip?
• Analyzing Bank Stocks
• When to close long options? 1-2 years out
• Former Disney executive is leading Virgin Galactic into its final test flights ✈️
• US Defense/military stocks
• Max capital gains tax? Min capital loss deduction?
• Is it possible to view 15min or shorter frequency on 2019 charts?
• Covariance of Historical Data for Warrants and Preferred Stocks
• Need advice on JETS
• IShares Global Clean Energy (ICLN) still worth it?
• starting out
• Tesla due diligence
• How does long term investing work really?
• A M&A question from an aspiring hobby investor
• DKNG
• Whats the connection between Biden and ICLN?
• Looking for new stocks

Wall Street Week Ahead for the trading week beginning October 12th, 2020 Posted: 10 Oct 2020 05:53 AM PDT Good Saturday morning to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead. Here is everything you need to know to get you ready for the trading week beginning October 12th, 2020. Earnings could be a positive force for stocks as Washington continues to wrangle over stimulus - (Source) Stock market optimism for a stimulus package has been rising, but the focus swings to earnings and that could be a positive for stocks in the week ahead. JPMorgan, Citigroup, Goldman Sachs, Bank of America and Morgan Stanley all release earnings in the first big wave of corporate reports. There is also some important data, including CPI inflation data Tuesday and retail sales for September on Friday. "It looks like earnings season might turn out better than expected, based on early reports," said Ed Keon, chief investment strategist at QMA. "The guidance looks pretty good. So, we have earnings season upon us, the stimulus talks go back and forth, and it looks like maybe there's a will to get something done." On Friday afternoon, the White House raised its offer for at stimulus package to $1.8 trillion but was still below the $2.2 trillion sought by Democrats. "It's really hard to read," said Keon. But he said even if there's no agreement on stimulus now, there should be a package after the election, regardless of who wins. "I actually put some money to work in small caps on the belief if we get further stimulus either soon or a few months from now, you do want to own economically sensitive stocks," said Keon."We're reasonably constructive on the market and valuations are not cheap, but compared to the 10-year [Treasury yield] at less than 80 basis points, stocks don't look that bad." Stocks in the past week had their best performance since early July, with the S&P 500 up 3.8% at 3,477. The small cap Russell 2000 was up 6.4%. The 10-year Treasury yield had a big move during the week from about 0.70% to as high as 0.79% Friday. Yields move opposite price, and the 10-year yield has now broken out of a range its been stuck in below 0.70%. Earnings could provide positive momentum for stocks, if companies continue to beat estimates at a healthy pace, like last quarter. "Q2 reporting season saw S&P 500 earnings beat at an unprecedented rate, both in terms of breadth (85%) and size (+20%), prompting historically rare, strong upgrades to forward estimates, especially for the cyclicals, and one of the strongest earnings season rallies on record," wrote Deutsche Bank strategists. The summer earnings rally came before the big September decline, which took the S&P 500 down about 10%. The S&P 500 is up more than 8% since Sept. 24. "While the bottom-up consensus for Q3 is for a sharp rebound in headline earnings, the bulk of it is being driven by reductions in loan loss provisions and Energy sector losses. Excluding these, underlying earnings growth is forecast to barely move up (-15% to -13%), despite rising Q3 GDP growth estimates pointing to a strong macro rebound," they noted. The Deutsche strategists said the question remains, however, whether the market will respond to earnings beats or election uncertainty. Keon said the market has been moving up as former vice president Joe Biden extended his lead in the polls because there's less chance of an uncertain outlook the more one candidate leads. According to RealClearPolitics, he was leading President Donald Trump by 9.7 percentage points, from just about 6 points at the beginning of the prior week. "I think from the market's perspective, it doesn't really matter who wins, as long as we have a clear winner," said Keon. "I think the direction of the polls are suggesting that we're going to have a clear winner either on election night or a few days after that. The risk of a messy contested election is going down, and the market is relieved by that." Tom Block, Washington analyst at Fundstrat, said Trump appears to be hoping for a stimulus bill signing before the election to help his re-election effort. "There are many moving parts here, and they're all moving in different directions," said Block. "It's not impossible a deal comes together but the pathway to a deal is not clear on Friday afternoon because of the mixed signals that have come out over the last seven days from the White House." Senate Majority Leader Mitch McConnell has opposed a large package, and the two sides have been stalemated. "I think the president believes that he will be helped by having a signed ceremony at the White House approving the bill, that the optics of signing the bill that's going to send relief to people is an optic he desperately wants, and it can't hurt," he said. The economic recovery is going on in the background, and some parts of the economy have shown real improvement, like housing. Retail sales on Friday is a good look at how the consumer has been faring, now that enhanced unemployment benefits have been gone for the past two months. Economists expect 0.6% gain in retail sales, the same as August. Keon said it is important to get some more help for the economy through stimulus. There is expected to be one-time payments to individuals and enhanced employment benefits. "That would be good news for the market, if we could get more help where it is needed. We really just need to get a bridge for a more normal circumstances next year," said Keon. This past week saw the following moves in the S&P: (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!) Major Indices for this past week: (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!) Major Futures Markets as of Friday's close: (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!) Economic Calendar for the Week Ahead: (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!) Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close: (CLICK HERE FOR THE CHART!) S&P Sectors for the Past Week: (CLICK HERE FOR THE CHART!) Major Indices Pullback/Correction Levels as of Friday's close: (CLICK HERE FOR THE CHART! Major Indices Rally Levels as of Friday's close: (CLICK HERE FOR THE CHART!) Most Anticipated Earnings Releases for this week: (CLICK HERE FOR THE CHART!) Here are the upcoming IPO's for this week: (CLICK HERE FOR THE CHART!) Friday's Stock Analyst Upgrades & Downgrades: (CLICK HERE FOR THE CHART LINK #1!) (CLICK HERE FOR THE CHART LINK #2!) Ten-Baggers Under Trump In our prior post we looked at the best and worst performing S&P 500 stocks since Election Day 2016. In this post we've broadened our filter and looked at the Russell 3,000, which is an index that covers more than 98% of all publicly traded market cap in the US. Within the Russell 3,000, there are 32 stocks that are up more than 1,000% since Trump was elected. These 32 "ten-baggers" -- as Peter Lynch liked to call them -- are listed in the table below. At the top of the list is Enphase Energy (ENPH), which is up 8,892% since Election Day 2016. While Enphase has "Energy" in its company name, it's actually a Technology sector stock that "manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control." Next up is Zynex (ZYXI) with a gain of 7,211%, followed by Digital Turbine (APPS) up 5,320%. ZYXI markets itself as a "better and safer way to manage pain" than opiods using electrotherapy devices. APPS is an app marketing company that helps app developers get their product on as many devices as possible. Of the 16 best performing Russell 3,000 stocks since Election Day 2016, 15 come from either the Technology or Health Care sectors. XPEL is the only stock in the top ten that's not in either the Tech or Health Care sectors. Up 2,341% since Trump was elected, XPEL is a Consumer Discretionary stock whose main product is to provide auto-paint protection. Along with the names mentioned already, other notables on the list of ten-baggers under Trump include Jack Dorsey's Square (SQ), pet-food maker Freshpet (FRPT), digital health company Teladoc (TDOC), the arts and crafts social media company Etsy (ETSY), and of course, Tesla (TSLA). With a gain of 1,002% since November 8th, 2016, Tesla just barely makes the cut! (CLICK HERE FOR THE CHART!) Best Performing Stocks Since Election Day 2016 On Monday we published our asset class performance matrix showing total returns for key ETFs since Election Day 2016 (11/8/16). Today we wanted to highlight the individual stocks traded on US exchanges that have performed the best and the worst since President Trump surprised the world with a victory over Democratic candidate Hillary Clinton. First off, below is a chart showing the average performance of stocks in each S&P 500 sector since Election Day 2016. (These are based on stocks currently in the index and not as the index stood on 11/8/16.) As shown, the average stock in the broad S&P 500 is up 67.3% since Trump was elected. Four sectors have posted stronger average returns than that -- Technology (+160.4%), Health Care (+100.3%), Consumer Discretionary (+74.6%), and Industrials (+69.9%). The Energy sector stands out like a sore thumb in the chart below. While every other sector has at least averaged double-digit percentage gains, the stocks in the Energy sector are down an average of 52.3% since Trump was elected! Other sectors that have been weaker than the broad market include Real Estate, Consumer Staples, and Financials. If you were to ask most people back in November 2016 which areas of the market should outperform under Trump and which should underperform, you'd likely see results that are the exact opposite of what has actually happened. Sectors like Energy, Real Estate, and Financials would have been expected to benefit from Trump since those are the industries he's most associated with, while Tech is a sector that's usually expected to benefit more when the Democratic party is in control. (CLICK HERE FOR THE CHART!) Looking at individual stocks, below we show the 46 stocks currently in the S&P 500 that are up at least 200% since Election Day 2016. Two stocks -- Etsy (ETSY) and Advanced Micro (AMD) -- have been "10-baggers" with gains of more than 1,000%, while another three -- Paycom (PAYC), NVIDIA (NVDA) and DexCom (DXCM) -- are up more than 500%. Other names on the list are a who's who of the most popular stocks over the past few years, including Adobe (ADBE), Netflix (NFLX), Apple (AAPL), Amazon.com (AMZN), Microsoft (MSFT), salesforce.com (CRM), and PayPal (PYPL). (CLICK HERE FOR THE CHART!) While there are 46 stocks in the S&P 500 up more than 200% since Election Day 2016, there are 32 stocks that are down more than 50% over the same time frame. The Energy sector is the most represented on this list by far with 14 stocks overall and 10 of the worst 11! The only non-Energy stock in the top ten is General Electric (GE), which is down 76% since Trump was elected. Other notable losers include airlines and cruiselines like AAL, CCL, and NCLH, and consumer stocks like TAP, KHC, UAA, WBA, and LB. General Electric (GE) and Exxon Mobil (XOM) are the two names that stand out the most. Each of these stocks were at one point in time the largest company in the world, but they're both now shells of their former selves with huge losses over the last four years. Remember these two examples when you're looking at the largest companies in the world right now. Chances are a few of them will experience similar fates as GE and XOM over the next ten to twenty years. (CLICK HERE FOR THE CHART!) News High for Net New Highs Yesterday, the S&P 500 closed at its highest level since only a few days after the early September high. While the index has yet to reach a new high, many individual stocks in the index have. As shown in the charts below, 11.71% of S&P 500 stocks closed at a new 52-week high yesterday while no stocks closed at a new 52-week low. That makes for the second-highest net new highs reading of the pandemic with the only higher reading (17.62%) occurring just over a month ago at the last all-time high on September 2nd. Before that, the last time net new highs were as high as now was on February 19th: the last all-time high before the bear market began. As for the individual sectors, there has also been a significant pickup in the net percentage of new 52-week highs. Industrials currently has the highest reading of net new highs among the 11 sectors at 26%. Just like the broader S&P 500, that is the highest since September 2nd when the net percentage of new highs rose above 30%. Consumer Discretionary is the runner up in being the sector with the highest percentage of net new highs. One distinguishing factor, though, is whereas every other sector has seen higher readings at some point since the bear market in the spring, Consumer Discretionary's current reading of 18% is tied with the reading from August 24th. On the other end of the spectrum, both Communication Services and the Energy sector have seen no new highs over the past few days. Granted, there have not been any new 52-week lows either. Meanwhile, Financials and Real Estate have both seen an uptick in net new highs, but it has been much more modest than other sectors. (CLICK HERE FOR THE CHART!) Breadth Booming One of the most notable aspects of the rally off the late September lows has been broad participation. As shown below, breadth is very strong as the 10-day advance-decline lines for several sectors are at some of their highest levels of the past year. For the S&P 500, the 10-day advance-decline line is at its highest level since June 8th. The same can be said for Communication Services, Consumer Discretionary, Financials, and Real Estate. For Consumer Staples, the sector's 10-day A/D line is at its highest level since June of 2019 and for Health Care it is at its highest level since May of 2019. In the case of Technology, it has been even longer as that sector's line is at its highest level since last April. While broad participation is healthy for the long-term prospects of a rally, these 10-Day A/D lines have gotten extremely overbought in the near term, suggesting a cool-down period is likely in the days ahead. (CLICK HERE FOR THE CHART!) With short term breadth running very hot, the cumulative A/D lines of several sectors are breaking out to new highs as well. Utilities and Materials are the only sectors to have seen prices reach a new high in the past few days alongside their cumulative A/D lines. As for the other sectors, Consumer Discretionary, Consumer Staples, Health Care, Materials, and Tech have also all seen new highs for cumulative breadth. The same applies to the S&P 500, but again, none of these have yet to see price do the same. (CLICK HERE FOR THE CHART!) Election-Year October Market Performance Volatile since 1950 October's history of volatility was recapped in the October Almanac as well as it being the worst performing month of election years since 1950. In the following chart we have plotted election-year October performance for DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 since 1950 (NASDAQ since 1972 and Russell indexes since 1980) alongside their historical performance excluding gruesome election-year October 2008. With or without October 2008, historical performance has been uninspiring in election years. Excluding 2008, October has generally started off on a positive note, but by around the fourth trading day, strength has tended to fade with weakness persisting until around the eighth trading day. Then a modest rally ensued through mid-month followed by more weakness and finally a rally to end the month. Grey shading highlights the two historical windows of weakness that could setup our Seasonal MACD indicators. (CLICK HERE FOR THE CHART!) STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending October 9th, 2020 ([CLICK HERE FOR THE YOUTUBE VIDEO!]()) (VIDEO NOT YET POSTED.) STOCK MARKET VIDEO: ShadowTrader Video Weekly 10.11.20 ([CLICK HERE FOR THE YOUTUBE VIDEO!]()) (VIDEO NOT YET POSTED.) Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead- (T.B.A. THIS WEEKEND.) (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!) (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!) Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers: Monday 10.12.20 Before Market Open: ([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]()) (NONE.) Monday 10.12.20 After Market Close: ([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]()) (NONE.) Tuesday 10.13.20 Before Market Open: (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Tuesday 10.13.20 After Market Close: (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 10.14.20 Before Market Open: (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 10.14.20 After Market Close: (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Thursday 10.15.20 Before Market Open: (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Thursday 10.15.20 After Market Close: (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Friday 10.16.20 Before Market Open: (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Friday 10.16.20 After Market Close: (CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) JPMorgan Chase & Co. $101.20 JPMorgan Chase & Co. (JPM) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, October 13, 2020. The consensus earnings estimate is $2.35 per share on revenue of $28.25 billion and the Earnings Whisper ® number is $2.47 per share. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 12.31% with revenue decreasing by 22.03%. Short interest has increased by 1.8% since the company's last earnings release while the stock has drifted higher by 2.9% from its open following the earnings release to be 3.4% below its 200 day moving average of $104.75. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 9, 2020 there was some notable buying of 8,290 contracts of the $102.00 call expiring on Friday, October 16, 2020. Option traders are pricing in a 4.2% move on earnings and the stock has averaged a 2.2% move in recent quarters. (CLICK HERE FOR THE CHART!) Johnson & Johnson $150.97 Johnson & Johnson (JNJ) is confirmed to report earnings at approximately 6:40 AM ET on Tuesday, October 13, 2020. The consensus earnings estimate is $1.99 per share on revenue of $20.40 billion and the Earnings Whisper ® number is $2.10 per share. Investor sentiment going into the company's earnings release has 72% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 6.13% with revenue decreasing by 1.59%. Short interest has decreased by 19.5% since the company's last earnings release while the stock has drifted higher by 1.5% from its open following the earnings release to be 4.4% above its 200 day moving average of $144.63. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 23, 2020 there was some notable buying of 5,050 contracts of the $160.00 call expiring on Friday, December 18, 2020. Option traders are pricing in a 2.7% move on earnings and the stock has averaged a 1.7% move in recent quarters. (CLICK HERE FOR THE CHART!) Citigroup, Inc. $44.93 Citigroup, Inc. (C) is confirmed to report earnings at approximately 8:00 AM ET on Tuesday, October 13, 2020. The consensus earnings estimate is $1.01 per share on revenue of $17.12 billion and the Earnings Whisper ® number is $1.02 per share. Investor sentiment going into the company's earnings release has 42% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 48.99% with revenue decreasing by 34.43%. Short interest has decreased by 23.6% since the company's last earnings release while the stock has drifted lower by 12.4% from its open following the earnings release to be 17.9% below its 200 day moving average of $54.74. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 9, 2020 there was some notable buying of 18,737 contracts of the $50.00 call and 18,010 contracts of the $50.00 put expiring on Friday, November 20, 2020. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 2.1% move in recent quarters. (CLICK HERE FOR THE CHART!) Bank of America Corp. $25.36 Bank of America Corp. (BAC) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, October 14, 2020. The consensus earnings estimate is $0.53 per share on revenue of $20.59 billion and the Earnings Whisper ® number is $0.55 per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 29.33% with revenue decreasing by 27.85%. The stock has drifted higher by 6.8% from its open following the earnings release to be 3.1% below its 200 day moving average of $26.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, September 28, 2020 there was some notable buying of 33,467 contracts of the $25.00 call expiring on Friday, October 16, 2020. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 2.2% move in recent quarters. (CLICK HERE FOR THE CHART!) Progressive Corp. $99.88 Progressive Corp. (PGR) is confirmed to report earnings at approximately 8:30 AM ET on Wednesday, October 14, 2020. The consensus earnings estimate is $1.71 per share on revenue of $10.56 billion and the Earnings Whisper ® number is $1.87 per share. Investor sentiment going into the company's earnings release has 51% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 20.42% with revenue increasing by 10.80%. Short interest has increased by 8.5% since the company's last earnings release while the stock has drifted higher by 17.5% from its open following the earnings release to be 22.1% above its 200 day moving average of $81.77. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, October 7, 2020 there was some notable buying of 728 contracts of the $95.00 call and 710 contracts of the $95.00 put expiring on Friday, October 16, 2020. Option traders are pricing in a 4.2% move on earnings and the stock has averaged a 3.9% move in recent quarters. (CLICK HERE FOR THE CHART!) Delta Air Lines, Inc. $32.81 Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, October 13, 2020. The consensus estimate is for a loss of $3.10 per share on revenue of $3.09 billion and the Earnings Whisper ® number is ($3.21) per share. Investor sentiment going into the company's earnings release has 11% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 233.62% with revenue decreasing by 75.40%. Short interest has decreased by 24.5% since the company's last earnings release while the stock has drifted higher by 28.0% from its open following the earnings release to be 5.6% below its 200 day moving average of $34.75. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 9, 2020 there was some notable buying of 4,729 contracts of the $34.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 7.3% move on earnings and the stock has averaged a 2.2% move in recent quarters. (CLICK HERE FOR THE CHART!) BlackRock, Inc. $611.57 BlackRock, Inc. (BLK) is confirmed to report earnings at approximately 6:20 AM ET on Tuesday, October 13, 2020. The consensus earnings estimate is $7.46 per share on revenue of $3.92 billion and the Earnings Whisper ® number is $7.81 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.34% with revenue increasing by 6.18%. Short interest has decreased by 36.4% since the company's last earnings release while the stock has drifted higher by 5.7% from its open following the earnings release to be 17.1% above its 200 day moving average of $522.35. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 6.9% move on earnings and the stock has averaged a 2.6% move in recent quarters. (CLICK HERE FOR THE CHART!) UnitedHealth Group, Inc. $327.84 UnitedHealth Group, Inc. (UNH) is confirmed to report earnings at approximately 5:55 AM ET on Wednesday, October 14, 2020. The consensus earnings estimate is $2.98 per share on revenue of $63.73 billion and the Earnings Whisper ® number is $3.10 per share. Investor sentiment going into the company's earnings release has 69% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 23.20% with revenue increasing by 5.60%. Short interest has decreased by 6.7% since the company's last earnings release while the stock has drifted higher by 8.9% from its open following the earnings release to be 13.3% above its 200 day moving average of $289.47. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, September 21, 2020 there was some notable buying of 2,031 contracts of the $260.00 put expiring on Friday, November 20, 2020. Option traders are pricing in a 4.1% move on earnings and the stock has averaged a 3.8% move in recent quarters. (CLICK HERE FOR THE CHART!) Wells Fargo & Co. $25.30 Wells Fargo & Co. (WFC) is confirmed to report earnings at approximately 7:50 AM ET on Wednesday, October 14, 2020. The consensus earnings estimate is $0.46 per share on revenue of $17.79 billion and the Earnings Whisper ® number is $0.46 per share. Investor sentiment going into the company's earnings release has 34% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 50.00% with revenue decreasing by 33.83%. Short interest has decreased by 15.5% since the company's last earnings release while the stock has drifted higher by 5.8% from its open following the earnings release to be 21.6% below its 200 day moving average of $32.26. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, September 28, 2020 there was some notable buying of 29,138 contracts of the $27.50 call expiring on Friday, December 18, 2020. Option traders are pricing in a 5.3% move on earnings and the stock has averaged a 3.6% move in recent quarters. (CLICK HERE FOR THE CHART!) Goldman Sachs Group, Inc. $207.54 Goldman Sachs Group, Inc. (GS) is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, October 14, 2020. The consensus earnings estimate is $5.37 per share on revenue of $9.20 billion and the Earnings Whisper ® number is $5.81 per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 12.11% with revenue decreasing by 27.98%. Short interest has decreased by 5.4% since the company's last earnings release while the stock has drifted lower by 7.5% from its open following the earnings release to be 3.4% above its 200 day moving average of $200.79. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, September 24, 2020 there was some notable buying of 3,311 contracts of the $200.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 4.6% move on earnings and the stock has averaged a 1.3% move in recent quarters. (CLICK HERE FOR THE CHART!) DISCUSS! What are you all watching for in this upcoming trading week? I hope you all have a wonderful weekend and a great trading week ahead r/stocks. submitted by /u/bigbear0083 [link] [comments]

Apple Starts Shipping Devices From Stores to Speed Up Deliveries Posted: 10 Oct 2020 08:46 AM PDT https://finance.yahoo.com/news/apple-starts-shipping-devices-stores-203514688.html (Bloomberg) -- Apple Inc. is starting to use its network of retail stores as distribution centers for shipping products to consumers, joining a trend popularized by other retailers. The Cupertino, California-based technology giant has typically shipped devices like iPhones, Macs, iPads, and accessories from warehouses located across a customer's region or directly from China. Now items that are in stock can be shipped directly to consumers from a network of almost 300 retail stores spread across the U.S. and Canada, according to people familiar with the matter. Apple told staff the shift will mean faster delivery times for customers who live further from distribution centers than from stores, according to the people who asked not to be identified discussing internal policies. The products will be shipped through United Parcel Service Inc. in Canada and FedEx Corp. in the U.S. via ground shipping and may be delivered as early as the day after a customer's order, Apple told its staff. The program will apply to customers who live within 100 miles from a store, the people said. submitted by /u/coolcomfort123 [link] [comments]

HYLN: Did I fall for the pump and dump? Posted: 10 Oct 2020 12:26 PM PDT Bought into the hype with HYLN a week ago. Now I'm down 40%. Ouch. Not planning on selling, but I'm wondering what's happening. I though HYLN would boom with clean energy rocketing, NKLA bagholders moving to a new EV startup, and hype around prototypes and sales. Guess I was wrong. submitted by /u/JBriltz [link] [comments]

90% of Lemonade customers are millennials and first time insurance purchasers. Which has very positive implications for their growth rate in the next 5-10 years. Posted: 09 Oct 2020 03:04 PM PDT Essentially this means that lemonade will be able sustain their IFP (in force-premium) growth rate as their customer base are mostly millennials and first time renters. As their customer base ages, the natural progression is from renting to home ownership. This is also reflected in the growth rate of premium per customer. Which has increased 18% every year since the companies founding. Current premium is now at $190 per customer. CEO Daniel Schreiber has brilliantly targeted most of his marketing on trying to capture the millennial population, and on underserved markets such as home owner's, renter's, and pet insurance. Furthermore they're collecting 100x more quality data points per customer than legacy companies. https://www.lemonade.com/blog/precision-underwriting/ I say quality because the data collected at old insurance companies are atrocious. "Yes there mountains of it, but it's hardly in a readily usable form for machine learning. The amount of effort to gather and clean the data is much more than you think (think poorly scanned handwritten documents)." I know I made a few topics on lemonade already. But if they succeed in disrupting the insurance industry then this is easily a 10x investment that legacy insurance companies can't replicate. The legacy insurance companies simply don't have the same organization structure, company DNA, and work culture, to replicate lemonade. Just like how traditional retail companies couldn't easily replicate Amazon.com, or Blockbuster was unable to replicate Netflix in time, or the automobile industry on Tesla, or banking on Square. But when you combine this with a very capable CEO and increasing brand loyalty from their customer I'm convinced this is going to be a successful company. submitted by /u/Okmanl [link] [comments]

If Apple is not allowed to ban Epic Games, would that be a precedent set for the rest of technology? Posted: 10 Oct 2020 12:28 PM PDT If Apple is going to be large enough to control the "entire" App Store without the possibility of controlling its content, would this mean they can't control all content? Is this a market issue or a company issue? submitted by /u/Infinityjupiter [link] [comments]

Alibaba (BABA) thoughts on valuation and growth. Posted: 09 Oct 2020 10:20 PM PDT Hey all. Looking for thoughts on BABA and it's current valuation and if anyone is buying at these levels or trying to wait on a pullback. Looking over the fundamentals on Yahoo and Gurufocus and they seem to be fairly valued to almost very slightly undervalued. Have a PEG ratio of 1.04 (Gurufocus), great ROIC, and super low debt to equity at 0.13. The current PE is on the higher side at 37 but with the current growth trajectory compared to Amazon their main competitor, the PE is not too bad for a growth stock. They're moving and expanding their business to cloud, payments and even real estate, and with the booming middle class size in China they seem to have a good long runway for growth. Thoughts? submitted by /u/Opeth4Lyfe [link] [comments]

Psychedelic Stocks - Shroom Boom or Bad Trip? Posted: 09 Oct 2020 04:50 PM PDT Hey r/stocks,   I have been reading about psychedelic assisted therapy and wanted to better understand the commercial marketplace of the industry. Here is what I found.   The total market cap of the industry is $2B as of this writing, consisting of 14 companies, mostly listed in Canada.   Compass Pathways - $1.2B Market Cap (NASDAQ : CMPS) IPO'd 3 Weeks ago - opened at $17, now trading at $34 Largest player in this space (~60% of market) Only psychedelic stock listed on NASDAQ Peter Thiel owns 7% of the business   MindMed, Inc - $250M Market Cap (NEO : MMED) Currently trading on NEO in Canada Applied for NASDAQ up-listing Stock has appreciated 150+% in the past 30 days   Champignon Brands - $150M Market Cap (CSE : SHRM) Trading on the Canadian Stock Exchange One of the first companies to go public Acquired Northern California Ketamine clinic   There were two new public listings this week, Field Trip Health (FTRP) and Pharmather (PHRM). The rest of the companies in this space are small cap (under $50M).   If you want to see all of stock information in one place, I put them in a spreadsheet here.   There is a lot of promise in these therapies but their illegal status makes it hard to gauge it's go-to-market timelines. It would be great to hear what you think about the industry. submitted by /u/antigolfgolf [link] [comments]

Analyzing Bank Stocks Posted: 10 Oct 2020 07:15 AM PDT Trying to figure out the nuance of analyzing bank/financial sector stocks compared to a standard company. What are the specific metrics which are of outsized importance in bank functioning? How would one modify a valuation to account for eccentricities of the banking sector? What can be ignored in looking at banks which shouldn't be ignored elsewhere? I know I shouldn't be looking beyond my circle of competence, and trying to expand ones circle of competence is a fools errand because others will truly excel where you are just trying to catch up. But banks appear so beaten down right there in sure there's opportunities; just trying to distill which of them are worth pursuing. Specifically think I'm looking WFC vs BAC, but want to develop a paradigm which I can apply there as well as more widely. Thanks submitted by /u/ParadoxPath [link] [comments]

When to close long options? 1-2 years out Posted: 10 Oct 2020 08:38 AM PDT Hi guys, semi new. If you have an option out 1-2 years ahead of you but you are currently making money short term, is there ever a time to say hey i'll take the 300-400$ now unsure of the future outcome. AAPL 145 C jun 22 - sept 22 368$ risk 4,006$ max return Any advice or opinions would be appreciated. submitted by /u/DoomTheYandere [link] [comments]

Former Disney executive is leading Virgin Galactic into its final test flights ✈️ Posted: 09 Oct 2020 07:51 PM PDT https://www.cnbc.com/2020/07/20/meet-disneys-michael-colglazier-taking-over-as-virgin-galactic-ceo.html Ticket symbol SPCE Love 'em or hate 'em, but Virgin Galactic was able to attract Disney president of Disney Parks and 30 year veteran of Disney. This validates Virgij Galactic as the real deal. This shows that the company is moving from engineering and development to marketing and commercializing space. With their spaceship nearing the final testing phase to get its full FAA licence from the final two powered test flight (one in October and one in November). This will lead to the company flying Richard Branson and staring their commercial operations. Flights already reserved from famous celebrities such as Ashton Kutcher, Angelina Jolie, Justin Bieber, Tom Hanks and more. They are already working on scaling the business, that means building multiple space ships ( 5 currently planed) and operating out of multiple spaceports around the world. Micheal Coliglazier experience at Disney Parks international will be helpful in achieving this. submitted by /u/i_am_a_virgin_fan [link] [comments]

US Defense/military stocks Posted: 10 Oct 2020 08:24 AM PDT Can someone point me in the direction of some intresting US military stock. I don't know anything about it, and it's hard to find information about it. Its a separate market right? They are not on Nasdaq, ... ? I'm just thinking it would be good to own some before next presidential term as I suspect there will be more ground troops send out and some new conflict will emerge whoever gets elected. But I have no knowledge or entry point to inform myself about this type of stocks. submitted by /u/DanishDelight1 [link] [comments]

Max capital gains tax? Min capital loss deduction? Posted: 10 Oct 2020 01:51 PM PDT So I've been doing really well this year thanks to the rally. Back in 2018, I lost like 40% of my portfolio with the crash, and that year I realized all I can have is only 3k in deductions. This year I've made substantially more, but realizing now I'm going to have to pay up 30% of it, this just seems unfair? Yes tax is necessary and I'm all for it, but I'd like to think as a citizen investing in companies I'd be more confident knowing the govt has my back if I lose my investment and they can give me a relief. I mean wouldn't that encourage people to invest more, buy stocks and grow the economy? This just feels like oh tough luck you lost 100k on the market? Here's a mere 3k in deductions 🤷🏽‍♂️. Oh you made 100k this year? cool we're going take 1/3 of it now or more 🕴️. I'm bored and wanted to hear some opinions and tax critics! :) Maybe deductions should be calculated the same rate as gains tax? Or there shouldn't be a short and long term rate but just one rate? submitted by /u/punkprince182 [link] [comments]

Is it possible to view 15min or shorter frequency on 2019 charts? Posted: 10 Oct 2020 01:40 PM PDT I use Active Trader Pro and when I want to view a stocks performance during some time in its history, the frequency always switches to 'Daily' and it won't let me choose anything shorter like 30 minutes. Is it just that Active Trader Pro sucks or am I missing some setting or is this some universal rule that older charts cannot be viewed in frequencies shorter than 'Daily' ? submitted by /u/AppropriateFile0 [link] [comments]

Covariance of Historical Data for Warrants and Preferred Stocks Posted: 10 Oct 2020 08:17 AM PDT Good morning and good weekend r/stocks, I am doing an analysis on the covariance of the composite symbols on the NASDAQ, NYSE, and the NYSE American. However, when I run a VBA on a spreadsheet that pulls historical data from Yahoo! Finance of the symbols listed on the aforementioned markets, the ones ending in W come back "failed to find historical data". In addition to not finding data for stocks ending in "W" (i.e. Warrants), I think it's not pulling the data for preferred stocks because of the actual name of the preferred stock as listed on Yahoo! Finance is different than the one on my list (for example, my list might say AGO-B as the prefered stock class B for the stock AGO, but on Yahoo! Finance, it's listed as AGO-PB, which explains why it's not finding it). My point is, when researching the covariance of stocks listed on NASDAQ, NYSE, and NYSE American, does it even matter if I include stock warrants and preferred stocks or should I just ignore them? submitted by /u/FluxNinja [link] [comments]

Need advice on JETS Posted: 10 Oct 2020 11:58 AM PDT Hi all. I'm brand new to investing and am building up my portfolio with a few different stocks with differing rationale. My main goal is to learn. One thought is investing into JETS with the thought of buying low under the idea that the airline industry as a whole will recover eventually. Timing isn't important, meaning I'll hold through the pandemic, our search for a vaccine, and the general public/businesses flying again. I can't help but feel like I'm missing something or just making a naive stupid move with this one. Anyone want to tell me about additional factors im missing with this? Or is this sound logic? submitted by /u/demonsoul99 [link] [comments]

IShares Global Clean Energy (ICLN) still worth it? Posted: 09 Oct 2020 06:46 PM PDT Hey guys, I got a quick question.. do you think ICLN is still worth buying? Considering it's almost at its 52-week-high.. I mean I think there will be great things happening to clean energy and everything but is this still a buy for that price or is it maybe better to just buy other stocks instead? submitted by /u/PeekingPotato [link] [comments]

starting out Posted: 10 Oct 2020 10:33 AM PDT ok, so I am 19 years old and am just now starting to realize how important investing and managing my finances is in the long run. I want to be as smart as possible with my money while investing and just wanted to ask you guys and hear what you would have wanted someone to tell you if you were young and just getting into things now. Im not exactly sure how I should balance my portfolio. Im going to be starting out with about 2k to invest and I am able to invest about $500 a month. This will allow me to max out my tfsa for the year. Ive looked a little bit into investing into index funds. but I'm not sure if its something I should put money into all at once and sit on or gradually keep investing into it every month. Im also un sure of how much money I should be putting into etfs over individual stocks. Should I be like 80% index funds to 20% individual stocks or vice versa? what do you have to say about this and if I'm getting anything wrong here or you have something better to say about this let me know please. I obviously still have a lot to learn. submitted by /u/joHnJohntRoller [link] [comments]

Tesla due diligence Posted: 10 Oct 2020 10:22 AM PDT Hey guys, I'm looking at creating an extremely in depth document on Tesla and the future of its stock price among other things. I was wondering if anyone had done any due diligence and gathered it like this before and would be willing to share their findings? If not, I would like to invite everyone to comment some reasons why tesla is either a good/bad company overall. I would almost even appreciate negatives more than positives about Tesla. I feel it is good to be realistic and have a bigger picture view. I would like to keep this professional though, and so I ask if you comment anything controversial to please link to somewhere that backs up your statement/opinion. If I get a big response then I will go ahead and create the document and I may share it in the future, once I have it done. Many thanks! submitted by /u/NathMcLovin [link] [comments]

How does long term investing work really? Posted: 09 Oct 2020 06:10 PM PDT So I know that long term stocks are good because you get taxed less. But what I don't understand is what happens if I buy shares periodically. Say I buy a stock and 6 months later I decide to buy more share of the same stock. Would I have to wait an additional year after buying a second time to trigger a longterm investment? I'm still new to stocks so go easy on me. submitted by /u/Nga_pik [link] [comments]

A M&A question from an aspiring hobby investor Posted: 10 Oct 2020 09:51 AM PDT What happens if I own 9 stocks in a company that's being bought by another company? I've figured out that it can be done in 2 ways. either you get cash, or you get stocks in the aquiring company. Let's say the deal gives you 1 stock for every 10 you owned in the company being bought. What happens if you only had 9? submitted by /u/moneygardener [link] [comments]

DKNG Posted: 10 Oct 2020 04:46 AM PDT I currently own 200 shares of DKNG at 53.00 due to getting assigned on a put. I understand why they are dropping due to the share dilution. I also thought I saw they are doing it again on October 20. Do you think that DKNG can get back up to the 53 range before then? submitted by /u/try-hard_42 [link] [comments]

Whats the connection between Biden and ICLN? Posted: 09 Oct 2020 03:45 PM PDT Can someone explain to me whats the conneciton between ICLN$ and the upcoming elections? I'm not American so I don't always follow polls and I don't really know what Biden says he's gonna do in office incase he wins but what i got from reading here is that if he wins, clean energy stocks/etf's like ICLN$ will soar, and im trying to understand why. Also, do you think that if Trump wins the elections the clean energy sector will continue to rise or will it see a decline? submitted by /u/bioRegiN [link] [comments]

Looking for new stocks Posted: 09 Oct 2020 10:34 PM PDT Hello everyone I've been following this sub for a while now. I'm looking for new stocks to invest in that fluctuate regularly. For instance I have invested in DFEN when it drops to around the $10 mark and sell around a 10%-15% up for a decent profit. I know it's a 3x leveraged stock and I'm looking for other options out there. I'm still pretty new to trading and investing. This is a method I've started to use that works for me. Also what other strategies do you use in trading? submitted by /u/acepilot92 [link] [comments]

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