Stock Market - Biden wins | nVidia stock |NetFlix stock |Buffet’s stock moves & more [11-8-2020] |
- Biden wins | nVidia stock |NetFlix stock |Buffet’s stock moves & more [11-8-2020]
- Dow futures rise 150 points after Biden wins presidency as post-election rally continues
- Nio pullback
- Why not just invest in the S&P 500?
- Michigan State Wide Solar Power Subsidy
- Withholding tax
- Selling cash covered puts
- Investing Emergency fund
- ANT group
- Who sets the high level current price and direction of stocks and stock markets?
- complete beginner wanting to buy delta airline stock
- Fidelity Freedom Target Date vs FZILX, FNILX
- Chinese eV manufacture had a recall involving half of the cars shipped, stocks prices were lower
- Is Teladoc currently a buy?
- Nio - a stock to be bullish on?
| Biden wins | nVidia stock |NetFlix stock |Buffet’s stock moves & more [11-8-2020] Posted: 08 Nov 2020 09:40 AM PST Biden wins the election, what does this mean for the economy and the stock market, what Buffen's Berkshire has done in the last quarter and more, let's talk about everything Hey everyone and welcome, I am going to react to the latest news from the election, the economy and in the stock market from last week and what to expect next So late Saturday the victory of Biden was announced as networks finally started to predict that he won the election. I have no partisan view as i am not a resident or citizen of the US, but i believe that the results of this election (the Biden win and the Republicans keeping the Senate) is the best the stock market could have hoped for, as many experts were predicting a Blue Sweep. There still will be two important runoff elections in Georgia at the beggining of 2021, where the Democrats could still end up winning the Senate. Biden currently has a projected 290 electoras votes but i believe he will also keep the lead in Georgia and end up with 306 electoral votes, the same number as Trump had 4 years ago VOTE MAP . Important leaders like the German Chancellor, Uk's prime minister, Canada's prime minister, France's president and many more welcomed and congratuled the win of Biden, which seems to be favored internationaly by the world leaders as they were tired of the whipsaw that came with Trump tweeting non-stop. So this probable grid-lock in Congress is loved by the stock market, as there are no iminent tax raises and a stimulus bill is far more likely if not by the end of the Trump mandate surely at the very start of Biden's. So this scenario that is playing out seems to be the most profitable one for wall street as the average annual return since 1933 is about 14% with a Democractic President and a split Congress Historical CHART Yesterday Biden also announced how they will try to combat the illness with Better testing and tracing, a increase in PPE production, National guidance for schools, business and families, Investments of 25 bilion in vaccine development and distribution and mask mandates. While also trying to make the higher risk individuals more safe. P.S. Here's a funny meme that LeBron James posted with a throwback to his big block of an opponent. MEME So all 3 big indices had the best week since early April with the Nasdaq composite being up just over 9% NASDAQ CHART, the SP500 was up 7,32% S&P CHART and the DOW gained almost 7%.DOW CHART The Nasdaq and Sp were flat for the day, pairing loses from the begining of the day while the down fell 0,23% mostly based on profit taking in my opinion. There were more companies that were declining on Friday with over 60% of the companies in the red but with a disproportional number of almost 90% of new highs while the volume fell again way below average MARKET CHART . There weren't any significant leaders in the market on Friday but energy traield again being more than 2% down SECTOR CHART while small caps under-performed the market especialy the value plays. CHART The fear in the market seems to have completly gone away as we have seen another 10% decline in the VIX indicator to drop below 25. VIX CHART Here is a heat map of Friday, you can see this was quite a slow day, not to many green companies but not that big of a red day either. HEAT MAP The US economy added more than 638 thousand jobs NEWS more than 503 thousand that were expected CHART, while the unemployment rate fell to 6,9% way better than the 7,7% expected this is the sixt straight month of jobs recovery.CHART As they seem to be in a big V shape recovery, overall V- SHAPE The market should now turn they're attention to the samshing of the earnings season amid the election with 2 thirds of the SP500 beating the estimates both the top and bottom line, that is almost double the 38% historical average. Bank of American release a chart for q3 earnings and as you can see earnings have increased 6,7% in the SP500 year over year and 21,5% quarter over quarter. EARNINGS CHART And as the fed announced that it will keep the benchmark rate between 0 and 0,25% FED NEWSthis continues to stimulate the economy of the US, with the fed beeing probably more responsible for the recovery in the last months as stimulus has been staled in congress. Also they continue to have a target of a running inflation of 2% and will continue to buy assests worth around 120 billion dollars montly to pump money in the economy FED NEWS. If a stimulus bill will eventualy pass, households will probably continue to use the money the same way as last time with over 70% of the money being used for savings and debt payments. But thay may go down a little as people may tend to spend a little more on essentials and non essentials with a better outlook in the near future than last time. HOUSEHOLD SPENDING Here are some interesting economic events for next weeks as we continue to closely watch how to recovery is going. CALENDAR Nvidia saw a pop in the stock finally as they announced that Fornite will join the GeForce gaming cliud, that could mean a return for the game in ios devices with GeForce currently available on Mac,Windows,Android and Chromebooks. The company has almost reteurn to it all time highs after this weeks strong gains. NVIDIA CHART Buffets Berkshire announced on Saturday that they bought back around 9 billion of the company's stock,bringing the total to around 16 bilion for the year so far.BUYBACK CHART That was around 4 billion more than in the second quarter. the operating earnings also decrease a little since last quarter and are almost 3 billion or 32% less then last year. BUYBACK NEWSThe only segment that improved since last year was Railroad,utilities and enegery, while insurance was the biggest loser. The company has almost the same amount of cash and short term investemtns like the previos quarter at around 146 billion dollars with 70% of the investments concentrated in 4 big companies (Apple , Bank of America, Coca-Cola and American Express) up from the 60% these company represented at the end of 2019. INVESTMENTS The buybacks of the company exced any full year amount in Berkhsire's history and far exeded the analysts expectation of around 3,2 billion in buybacks. As the strategy for Buffet and Charlie Munger is to buyback the company's stock as long as they believe it's undervalued and they will still have ample cash after the buybacks. AS the only other major investments made last quarter were about 6 billion invested in the five big Japenese trading houses and the data storage company Snowflake. I just saw some interesting news as NetFlix announced they will launch a offering named NetFlix Direct in France that will come with a linear feed of content from Netflix's library, so the company that is the biggest reasons for the decline of old TV programming made quite a twist as they seek to expand more and more. NETFLIX NEWS Here is a list with some of the most important earnings next week, some companies that i like that are reporting are: McDonalds, Datadog, Tencent, Corsair, Purple, Lemonade and DraftKings. EARNINGS NEXT WEEKS Thank you everyone for reading! Be sure to leave a comment down below! Have a great day and see you next time! 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| Dow futures rise 150 points after Biden wins presidency as post-election rally continues Posted: 08 Nov 2020 03:30 PM PST https://www.cnbc.com/2020/11/08/election-stock-market-futures-open-to-close-news.html Futures on the Dow Jones Industrial Average rose 362 points, implying an opening gain of about 350 points on Monday. S&P 500 futures climbed 1.5% and Nasdaq 100 futures rose 2%. Stock market futures keep going up. Now uncertainty reduced and investors can anticipate a santa rally until year end. [link] [comments]  |
| Posted: 08 Nov 2020 09:54 AM PST My guess is that with Biden winning and all the hype Nio is going to go up on Monday. When do you think there will be a pull back? If nio is really going up to the hundreds i think $40 isnt a bad price to buy into it [link] [comments]  |
| Why not just invest in the S&P 500? Posted: 08 Nov 2020 02:29 PM PST Hey the question might be stupid, but most traders orientate themselves towards the S&P 500 and try to perform better than the S&P 500 but not all of them make it so why not just invest in the S&P 500? Thank you in advance! [link] [comments]  |
| Michigan State Wide Solar Power Subsidy Posted: 08 Nov 2020 11:25 AM PST Early Saturday I got news that my home state of Michigan passed a solar panel subsidy that pays for solar panels and gives extra $2k cash to residential participants in the state. I did some digging myself and found that of the companies that will supply the installers that are part of this deal, here are the publicy traded ones I found: SEDG Solaredge TSLA Tesla Solar ENPH Enphase PCRFY Panasonic Solar GNRC General Holdings Buy calls. [link] [comments]  |
| Posted: 08 Nov 2020 03:38 AM PST Can anyone clarify it for me? To my understanding those are subjective to USA WHT 1. Stocks that pays dividend 2. Funds and ETFs that are us domiciled As im not a us person id like to know how to avoid those.
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| Posted: 08 Nov 2020 01:18 PM PST I have about $1400 to invest in some puts to generate some income, any recommendations? I'm in college so trying to stretch this money in stocks. I don't mind using wheel strategy either [link] [comments]  |
| Posted: 08 Nov 2020 02:28 PM PST I just checked yesterday my Discover HYA where I parked my e.fund. interest rate fell to a measly 0.55% VS 80% I made from stocks this year. I have only started investing 2 years ago and everyone says keep your e.fund liquid and safe. The thing is I can easily rebuild one if I need that money. It is very unlikely also I can lose my my job because of my skill set. I feel it is such a waste of opportunity to let this money stand still. I transferred a bit less that half of that money in my brokerage account I am thinking of finding a "relatively" safe investment. Any thoughts on some good way to invest my e.fund bit a bit of risk and high reward but no gambling either? [link] [comments]  |
| Posted: 08 Nov 2020 10:38 AM PST Maybe I missed out because this happened during election madness but what is going on with this? All I am reading is that it was delayed. Not seeing the reasons anywhere. Once it actually hits the markets how can I purchase it? Do I need a special account to purchase off Shanghai stock exchange? I already own BABA so I have that built in already, but I would also love to own it directly if possible. [link] [comments]  |
| Who sets the high level current price and direction of stocks and stock markets? Posted: 08 Nov 2020 09:50 AM PST Please don't mention demand and supply blah blah .....I know that very well. What I am trying to find out is who are the people that actually make the big moves which in turn affect price and direction. Lets revert to post election in 2016. As soon as market opened, it started dropping because of the shock that trump won even though he was way behind in poll results. However within few minutes or an hour or so, markets suddenly switched direction and went up like crazy, for next 2-3 days. The reason was that some people figured out that Trump will be better for markets because of less red tape and being business friendly etc. A similar scenario was noticed this time as well when tech took off thinking Trump is about to be re-elected but when reality showed otherwise, the tech and markets continued up. So who are these "people" - Analysts working for big organizations that can deploy huge amounts of capital instantly? Large pension funds? [link] [comments]  |
| complete beginner wanting to buy delta airline stock Posted: 08 Nov 2020 12:43 PM PST Ok so basically I have done a small amount of research, I know that day trading is basically throwing away money, that bonds/money market funds are more secure than stocks, and that long term investments with ETF's like vanguard is way better than short term stuff. However, I was wondering, as a beginner it seems really obvious to me that buying stock in something like delta airlines is a no-brainer. After all, it HAS to go up, right? I obviously know this is a horrible idea since I am a beginner and don't really know what I am doing. Can someone please tell me WHY I don't know what I am doing, and if it is worth a shot? This seems too good to be true and I want to understand why it is, and if I should even get into ETF's like vanguard. [link] [comments]  |
| Fidelity Freedom Target Date vs FZILX, FNILX Posted: 08 Nov 2020 05:09 AM PST |
| Chinese eV manufacture had a recall involving half of the cars shipped, stocks prices were lower Posted: 07 Nov 2020 09:13 PM PST The recent eV stocks especially from China have been actively traded for gains. Friday stocks were not moving up until I learned the RECALL NEWS. [link] [comments]  |
| Posted: 08 Nov 2020 04:04 AM PST Teledoc- an buy? They've managed to do well in the current climate with their virtual health care offering. It's has seen its shares skyrocket 146% this year, soundly beating the S&P 500 and its 8.5% returns. Virtual visits for the three-month period reached 2.8 million, a 206% increase from the prior-year period. For perspective, Teladoc's virtual visits totaled 4.1 million for all of 2019. It's on track to smash that number this year, already reporting 7.6 million visits through the first nine months of 2020. As a result of the strong increase in virtual visits, Teladoc's top line also got a big boost in Q3, climbing 109% to $288.8 million With all this being said it looks very promising and I'm considering going bullish- does anyone have any thoughts against doing so? [link] [comments]  |
| Nio - a stock to be bullish on? Posted: 08 Nov 2020 04:32 AM PST Thoughts on Nio? The electric-vehicle market has plenty of room for growth in China, and Nio seems to be a key player in that market. China definitely is pushing for EV to become the norm, and so Nio seems is good stead to keep on with their growth being as though the market and government backing are proving favourable. NIO announced early in October that it had delivered 4,708 vehicles in September, an increase of 133.2% year over year. NIO has a market capitalization of $26.6 billion and is valued at roughly 12 times this year's expected sales. There's also rumours they're moving into Europe, planning to sell 7,000 of its ES8 and ES6 SUVs on the Continent within two years. However unlike Tesla, NIO doesn't yet have a factory of its own; its vehicles are built under contract by Anhui Jianghuai Automobile Group. Although, as part of its "Battery as a Service" strategy, Nio also runs battery-leasing and battery-swapping services. Essentially, the car and the battery are sold separately. Subscribers to the program can rent the battery for a monthly fee. Having said all that, Ford and voltwagen are also moving towards EVs and have much more capital and factories of their own, so could easily outpace Nio, as could Tesla. Should I be bullish? [link] [comments]  |
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