Stock Market - Here is a Market Recap for today Friday, November 27, 2020. Please enjoy! |
- Here is a Market Recap for today Friday, November 27, 2020. Please enjoy!
- Significant Insider Trading (Last 7 Days)
- Swap NIO shares for APXT
- What the fuck is option trading?
- Is MRNA overpriced right now? What will happen after an FDA approval?
- Is Airbnb a stock you should invest in ?
- Significant Activist Investor Activity (Last 7 Days)
- What’s the best trading platform?
- Vaccin (pharma stock) talk !!
- CRSP NTLA & BEAM all having ATH's today
- Absolute Return Podcast #100: Leadership Chat: Trend-following with Meb Faber
- Trying to Understand Stock Warrants - PIC
- 16 Year old with (basically) no experience, very interested but not sure where to start or what basically anything means.
- What apps to Canadians use
- Best .01 and under stocks you have, provide DD or GTFO
- Watchlist: 11/27 Attack of the SPAC
- Four biotech stocks
- Financial Times Digital Subscription
- DD# 4 on $GIX ($UPH) CREDIT TO: u/canadian2020
- NGVC $2 special dividend on $14.60?
| Here is a Market Recap for today Friday, November 27, 2020. Please enjoy! Posted: 27 Nov 2020 11:33 AM PST PsychoMarket Recap - Friday, November 27, 2020 The stock market rose today, with the Nasdaq, S&P 500, and Russell 2000 setting new records in the shortened, post-Thanksgiving trading day. The Dow lagged behind a bit but is the best performing index this month. Optimism that an effective coronavirus vaccine could roll out relatively soon is counterbalancing the surging infection rates, with health officials warning about holiday travel. The positive vaccine news keep coming. After announcing their vaccine candidate was 95% effective in preventing COVID-19, Pfizer (PFE) and BioNTech (BNTX) have filed for an emergency use authorization with the Food and Drug Administration (FDA) in the US. If approved, the vaccine could roll out their vaccine for health workers and the most vulnerable starting in December. Moderna (MRNA) also announced their vaccine candidate is 94.5% effective is expected to file for emergency use authorization very soon. The vaccine candidate from AstraZeneca (AZN) and the University of Oxford has come under harsh scrutiny since the company announced the results, prompting the company to initiate another global trial. Since the vaccine announcement, the stock is around 3.6% down. During Thanksgiving, the US reported more than 100,000 new cases of coronavirus, the 24th day in a row the number is above 100,000. These are shockingly high numbers given around 20 states did not report data yesterday because of the holiday. Dr. Fauci and other top health officials are repeatedly warning Americans to reconsider their Thanksgiving plans and not travel to prevent transmission spread. However, many did not heed the warning, with more than 7 million travelers in the week before Thanksgiving. Highlights
"The greatest glory in living comes not in never falling, but in rising everytime we fall." - Nelson Mandela [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Significant Insider Trading (Last 7 Days) Posted: 27 Nov 2020 02:19 PM PST This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most of them get paid in stock options, it is expected. However, it is illegal for them to trade on inside information that has not been made public. So for example if there are drug trial results that are bad and not public, insiders cannot dump shares. That said, many people have observed that insiders - in general - seem to have a good track record at timing their purchases. All trades that are marked as part of a 10b5 plan are excluded from this report. Largest Insider Buying (Last 7 Days)Largest Insider Selling (Last 7 Days)
Count column is number of transactions. Source: Fintel.io/insiders [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Nov 2020 04:41 PM PST should I sell some NIO shares bought at 20 and lock in my profits and then reinvest that money doubling down on more APXT shares? Feel like they about to explode. Cheers mate 🤝 [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What the fuck is option trading? Posted: 27 Nov 2020 02:49 PM PST I've been getting into the stock market recently and have been attempting to understand the ins and outs of things. Something that has confused me is option trading. I understand that it's much higher risk to do so, and that it maybe is set at a fixed price? Please, explain it to me like I'm five. Thank you for the help! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is MRNA overpriced right now? What will happen after an FDA approval? Posted: 27 Nov 2020 01:56 PM PST So I know that the current price resembles two things:
I also know that in mid-December Moderna will (probably) get the FDA's EUA, and that brings the question: How is the stock market going to respond to these news? Can see new heights? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is Airbnb a stock you should invest in ? Posted: 27 Nov 2020 08:24 AM PST Bullish In this article I will explain why this is a good investment through my own eyes. All the information I express is what I was able to gather from Airbnb's submission to the SEC. The truth is I was waiting for this IPO for a long time, and it is surely the most important IPO of 2020. The IPO is going to take place in December without a clear date being published and will be listed as (NASDAQ:ABNB). I will be covering the following matters: • Company's Overview • The impact of the coronavirus – Financials • Competitors – WHAT DISTINGUISH Airbnb from them • Risk factors to consider • Safeguards to consider Company's overview Airbnb is a vacation rental online business, that allows people worldwide to find places to stay either for travelling purposes, or business purposes. It is used for short-term stays meaning a temporary accommodation. It was founded in 2008 and has its headquarters in San Francisco, California, United States. It has more than 7 million homes listed, and it operates in 100,000 cities. Does Airbnb own the properties listed? No, it doesn't own any of them, in fact people like you and me that have a residential home can list it on Airbnb after successfully complying with its rules. This helps the homeowners to achieve higher occupancy rates since it gives them "automatic advertising" when they appear on the searches without them having to spend money on advertising. Of course, Airbnb doesn't do that for free! It charges them a 14 - 16% whereas in some other cases 20% to those who offer experiences and this fee is deducted from the hosts payout. This fee can vary from country to country. Impressive how such a "simple" idea – two friends renting their house to help them pay their rent, twelve years later turned into a business worth $18 billion. Before the coronavirus pandemic Airbnb was worth $38 billion. Coronavirus pandemic impact on Airbnb - Financials I believe that from now on the Covid-19 impact on any business is very important to be mention for a thoroughly comparison of what it used to be and what may be again. According to Airbnb's reports, in 2019 there was an increase of 32% $4.8 billion in its revenue and a 29% increase in the bookings to $29.4 billion. However, 2020 didn't seem to be a good year considering the virus, revenues faced a decline of 32% to $2.5 billion and its bookings fell by 39% to $18 billion. Needless to say, that the net losses from 2018 to 2019 have seen a huge rise from $17 million in 2018 to $674 million by the end of 2019. Pandemic widened these losses even more for 2020 accumulating at $697 million losses until September 2020. The total deficit was $2.1 billion as of September 30,2020. These numbers are surely causing you to reconsider your investment in Airbnb so to spread your hopes up again Reuters estimates a valuation raise to $30 billion. Not to forget that Airbnb was valued $31 million in 2017 which is nothing to what it is valued now after the pandemic. In general, This IPO hopes to reverse this decline. Competitors Since Airbnb falls under the booking market, I need to highlight the many rivals it has since this is a small barrier business to entry. 1.Unlike Airbnb, Expedia group (EXPE) and Booking Holdings (BKNG) have both reported a steady earning report that shows operating profits increasing year by year. 2.HomeAway (AWAY) does not charge a fee for each booking like Airbnb does, and its only asking for an annually $350 to advertise the property. Meaning leaving the hosts with much more profits than Airbnb. 3. Trip Advisor (TRIP) which is a rival, reported a much smaller revenue compared to Airbnb accumulating $156 million in 2019. What distinguish it from its competitors? The company's advantage over its competitors is surely visible for the following reasons: 1. Airbnb is 3 times bigger than Trip Advisor Trip Advisor might be a competitor, but Airbnb has an advantage over it if you compare the sizes which means Airbnb does not have to worry about it, at least for now. 2. Airbnb has a rapid growth Comparing the percentage changes, Airbnb has proved to be growing almost 10 times faster than Booking Holdings and 5 times fast than Expedia Group. 3. Airbnb is very liquid The term liquidity means that a company holds available funds in the bank. According to Bloomberg it holds $2 billion cash in the bank which means it can help it overcome the losses and the negative events that bother their way. Risk factors to consider: Before the vaccine I would have definitely say third wave of Coronavirus, but after the vaccine news I am personally very positive that all this will be a history soon, but this is a different article. 1. The regulations for short-term rentals are becoming stricter. Airbnb grew because of the non-existing regulations of short-term rentals, but after this rapidly growing business things became more apparent. There have been some incidences from hosts discriminating guests, blaming guests for damages, misleading them from the pictures, even some parties going on causing police engagement. But like Uber, Airbnb it's just a technology platform connecting hosts with guests. Bottom line, it can be very difficult to come up with regulations in all cities and regions which give Airbnb space to breath. 2. The competition becomes bigger. Other online booking services like, Booking Holdings (BNKG) that provides the same service. In addition, Expedia (EXPE) bought Home Away (AWAY) few years ago and raised competition. Likewise, a French hospitality Accor bought short-term rental One Fine Stay and Marriot International (MAR) partnered with home rental platform Hostmaker to provide short-term rentals. As it seems Airbnb changed the game for hotels and pushed them to pursue other strategies which points how strong of a player is. 3. Airbnb does not have a clear path of profitability. In fact, Airbnb has not ever generated profit, and this is something big to consider. All this together seem to shadow Airbnb's future. But, with the IPO going on, and the available cash in the bank there is definitely light at the end of the tunnel. Safeguards to consider: 1. The hotel sector has proved to be far more "destroyed" from Covid-19 than Airbnb which keeps it in a strong IPO position. Did you know that as of December 31, 2019 72% of 327 million Airbnb nights were booked by individual hosts? In other words, 92 million nights were listed under professional hosts by Airbnb. Moreover, Marriot International had 1.38 million rooms meaning almost 67 nights of full occupancy. Would these guests stayed there and keep Marriott's properties full if it wasn't for Airbnb? I don't think so. 2. Recently, Bill Gates expressed his opinion on how the business travel will drop 50%. This can be very bad for hotels, but what about Airbnb? Because of the way everyone travels today, using online bookings and seeking to pay less for the maximum luxury, it makes it harder for hotels to beat the industry and especially Airbnb. My Opinion Investors need to consider all possible factors to form their decision. There is not a final price for the stock going IPO. At the end of the day is all a belief and since people will "value" it on the market I believe they will give it quite a high value at least in the long term. It is on my personal portfolio list, since the world is on track for a coronavirus free world. Disclaimer: It is only an opinion and should not be taken as a financial advice. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Significant Activist Investor Activity (Last 7 Days) Posted: 27 Nov 2020 02:19 PM PST These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed by significant investors with no intention of influencing management (such as Index funds). There is always a lot of interest in insider trades, but what a lot of people probably don't realize is that hedge fund activity is probably more predictive of future returns than insider activity. The reason is that hedge funds (a) have large research budgets, and (b) have a choice where to put their money. In contract, insiders have no choice where to put their money, but only when to time their transactions. New FilingsThis table lists new 13D filings in the last week. A new filing does not necessarily indicate a new position, as investors frequently accumulate in advance before reaching the filing threshold. Amended FilingsThis table lists amended filings in the last week, and is useful for monitoring changes in existing investments or when a fund closes a position. I have eliminated all filings with less than a 5% change in ownership. Source: Fintel.io/activists [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What’s the best trading platform? Posted: 27 Nov 2020 06:24 PM PST I wanted to get some feedback from you to see what platform do you use for trading? I use RH, it's very easy to use and it's user friendly but one thing I don't like about it is that you can't trade during extended hours. I heard that e-trade and Wells Fargo apps have that capability with higher commission percentage?? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Nov 2020 06:50 AM PST Hey folks, lets talk pharma for a minute. There a bunch of company saying they got an COVID vaccin, effective from 70 to 95% percent. Between those company who are claiming to soon be have a vaccin ready for delivery (1st quarter of 2021 for ARCT).....WHICH ONE and WHY would you invest in it ? Moderna (MRNA all time high today) Pfizer (PFE) Astrazeneca (AZN) Arcturus Therpeutics (ARCT ) Its may be a bit late, but better late than never !! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CRSP NTLA & BEAM all having ATH's today Posted: 27 Nov 2020 10:32 AM PST | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Absolute Return Podcast #100: Leadership Chat: Trend-following with Meb Faber Posted: 27 Nov 2020 01:08 PM PST Listen to the Absolute Return Podcast's 100th episode with guest Meb Faber, co-founder and the Chief Investment Officer of Cambria Investment Management and the host of The Meb Faber Show podcast. Today we discuss:
https://open.spotify.com/episode/5u4etEwhDFcrCgkw7kEP4B?si=GlG3bpicRm6F7urZCCPEgg [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trying to Understand Stock Warrants - PIC Posted: 27 Nov 2020 08:50 AM PST Hello, I'm trying to understand how stock warrants work. Let me know if my math or knowledge is incorrect. Here is a scenario that I'm trying to figure out what would happen. This is for the stock PIC and the warrant PIC-WS Today on 11/26 at 9:36 EST I purchased one contract for the 1/15/21 15$ call for PIC at $2.95, at the time of the purchase the PIC-WS warrant was $3.89. Some background on PIC. 1/16/21 they must merge 1 Warrant gives you the right to purchase 1 share of PIC at $11.50 If the average trade price of PIC is over 18$ for 20 days, they can purchase the warrants at 1 cent each (as far as I understand from their Q-10) Now lets get the hypothetical scenario out here: Let's say on 1-15-21 PIC closes at 18$. My option contract should be worth $3. So my profit would be 5$ total. Let's say instead of spending $295 on the 1 option contract, I instead bought 75 warrants at 3.89. The warrants should be worth $6.50 so I would make a profit of $195.75 Do the warrants exercise on 1/16/21 then and if I have enough money in my account I would receive shares of PIC automatically, or do I just get the cash proceeds? Additionally, if the price of PIC is 18$ on 12/25 knowing that if it continues to trade above 18 for 20 days, the warrants basically are worthless. How does this affect the price of the warrant? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Nov 2020 05:55 PM PST My only experience with stocks comes from a "game design" class in middle school where we spent half the time learning a bit about stocks. I was always very interested in this and even though we ran a small simulation, if im being honest a lot of it flew over my head because I was more focused on creating a little game, but that class has always really stuck in my head and i always regretted not paying more attention. One thing I can confidently say im worried about with stocks and the market is (obviously) the risk factor, ending up going broke in the future because i made a bad investment or whatever, and i know its pretty unrealistic to have an entire portfolio be useless but it is still something im worried about especially as a gen z who will woon be entering a very unsure job market. Overall though I know a lot of stuff is very opinionated so i was wondering if there are any solid books or advice you guys could give. I know I probably wont end up being a multimillionare because i made some good investments but I like analyzing stuff and ive always been interested in trends and graphs and stuff no matter what the subject so im wondering if this could be a possible path for me in life, or at least a good fallback. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Nov 2020 11:45 AM PST I've been using wealth simple trade but I find it doesn't have a lot of stocks like LI, and XPEV and I'm wondering where I go to buy those [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Best .01 and under stocks you have, provide DD or GTFO Posted: 27 Nov 2020 06:53 PM PST As the title says, what stock under a penny do you have and why did you invest in these stocks? Provide DD analyst. OPTI was good but don't think it will go any higher. Saw CBDD as well but how big is cbd market? I do not know anyone around me using cbd, many prefer edibles [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Watchlist: 11/27 Attack of the SPAC Posted: 27 Nov 2020 03:14 AM PST Market Notes:Futures are drifting sideways, near flat at writing. The VIX is dropping lower, closing in on its lowest point since the pandemic began. Markets are bullish on all accounts right now as the Presidential transition has entered into a peaceful phase. Speculation is running wild in the markets. We saw it earlier in the week with the low floats, green energy, and electric vehicle plays. Today is no different. SPACs are the hot topic of the day. Some with connections to hot industries, some with very low floats. SPAC stands for Special Purpose Acquisition Company. It's a different way to take a company public. The SPAC sells shares in a traditional IPO without any underlying business. It then uses that money to merge with an existing business. Once the deal closes the newly formed company gets a new ticker and trades like any other stock. SPCE, NKLA, & DKNG all used SPACs to go public in the past year or so. Today is a half-day of trading, markets close at 1 PM eastern. Historically this is a bullish day. Watchlist: (*SPAC)LCA* is a low float, watching for a setup above $19 AMCI* is a low float, support at $10.80 ELYS is a low float, support at $2 SRAC* is a low float, support at $11 SOL is a low float, resistance at $5.67 RMG* is a low float, on watch INAQ* is a lowish float, resistance at $15 BCOV is a lowish float, support at $14 PIC* is a lowish float, resistance at $14 GIK* is a lowish float, watching for a setup above $12 SWIR is a lowish float, support at $14 APTX is a lowish float, on watch IPV* has support at $10.40 NGA* has support at $12 NNDM has resistance at $6 SIEN has resistance at $5.68 VGAC* is on watch PGEN has support at $6.75 CAN has support at $6 TOUR has resistance at $4.50 CLNE has resistance at $5.25 [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Nov 2020 06:41 AM PST Hard to tell which might have a strong pipeline: SYBX — posted about this a few weeks ago, up 45% this week. Worth a second buy at $3? Market cap still under $100 Million. Their partner Ginko got a COVID contract, but the real win here will be small but significant drugs in pipeline. I am impressed with their leadership. ASMB — seems to be in a buy zone under $6. Up this morning. Would you pull the trigger? MRKR — cheap, under $2. Well off the year high, and up slightly from the year low. Last earnings report was weak, and yet a strong-buy recommendation from two analysts. Is this a potential home run? MGEN — a bit pricy at $16.50. Strong buy recommendation from Thompson Reuters analysts. Cash runway through 2023. Recently completed a reverse stock split 1-15. A microRNA (miRNA) play. The big COVID-19 winners are mRNA, obviously. Are the process, pathways and potential similar? Full disclosure. I have small stakes in all in my portfolio. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Times Digital Subscription Posted: 27 Nov 2020 10:23 AM PST FT doesn't deliver to my zip code, wondering if a digital subscription is worth it, and if so, which option (EPaper, Digital, Premium Digital)? Thank you beforehand for your reply! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DD# 4 on $GIX ($UPH) CREDIT TO: u/canadian2020 Posted: 27 Nov 2020 09:38 AM PST
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| NGVC $2 special dividend on $14.60? Posted: 27 Nov 2020 07:31 AM PST So I am confused on a stock NGVC. The company transcript says a special dividend for those who own it at close of business on Monday of $2. It went up 11/25 but is dropped dramatically today like today is an ex-dividend day. And major stock quoters like TD and Yahoo says it's ex dividend is 11/27 but wouldn't you go by the company transcript versus the stock firms? Am I missing something? [link] [comments]  |
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