Stock Market - Here is a Market Recap for today Tuesday, Nov 3, 2020. Please enjoy! |
- Here is a Market Recap for today Tuesday, Nov 3, 2020. Please enjoy!
- Stock market news, updates & predictions, should you Buy or Sell Now? [11-3-2020]
- NIO's Marco Polo project & the implications on its stock price
- Watchlist: 11/3 Election Day Whiplash
- Investing in Adult Industry
- Wanting to learn about the markets? New to trading and no idea where to start? I'm here to help!!
- Does the treasury ever pay interest + face value back to the fed?
- Lordstown (RIDE) MKT CAP valuation from around 450 Million to 2.5 billion. but the price did not change much? what happened?
- TSX share value regulations?
- JPMorgan analyst predict a potential 54% spike in the S and P 500 post elections
- Question on spreads:
- Any subreddits about shorting stocks?
- Delta or Nio ?
- FCEL,MFA,PSEC
- (March.2nd, 2020) Wharton Professor of Finance Predicts ‘Short, Quick Recession’, CNBC
- Advice on the best stocks to invest in for beginners!
- Delta over Nio ?
- Trying to understand why Paypal went down today
- LHV Stock Shark – a stock market game with virtual money
| Here is a Market Recap for today Tuesday, Nov 3, 2020. Please enjoy! Posted: 03 Nov 2020 01:04 PM PST PsychoMarket Recap - Tuesday, November 3, 2020 Stocks added to Monday's gain in the final market session before the US presidential election. Market participants weighed a host of different outcomes for the election against the backdrop of the ongoing coronavirus pandemic, economic strain, and heightened social unrest. The indices traded choppily but ended the day in the green. The tech-heavy Nasdaq (QQQ) finished 1.73% up, the S&P 500 (SPY) finished 2.73% up as well, and the Dow Jones (DIA) performed the best, up 2.02%. Regardless of who wins the presidency, the result is very likely to drive short-term volatility, especially given the political divide and social unrest present in the United States. Any potential outcome from the election is likely to disappoint a large portion of the population, leading to uncertainty and anxiety that could inject volatility into the market. For example, after the 2016 election, the S&P 500 future slumped around 5%. The index went on to recuperate these declines to finish 1% higher by the end of the first post-Election session. Neil Shearing, chief economist for Capital Economics said, "The experience of 2016 suggests that investors should be careful about taking strong positions on political outcomes and, worse, mechanically translating those to market outcomes." Given the coronavirus pandemic, there has been a surge of early and mail-in voters this year. This could potentially mean that the results of the elections may not become until later on in the week, an outcome sure to negatively affect the markets. According to the US Elections Project,as of this morning, more than 100 million Americans cast their votes early, more than ⅔ the total numbers of voters during the 2016 election. According to Yahoo Finance, if turnout like this holds up, this election could have the highest voter turnout in 100 years. According to Quinnipiac's final pre-election poll, Joe Biden has an edge in the national polls. However, when looking at key swing states, Biden's lead is considerably narrower. The US Senate is also holding elections this year. The combination of which party takes control of the White House and Senate is another issue of major concern. According to Blackrock Analysts, "We believe a Democratic sweep could pave the way for a new round of large-scale fiscal stimulus and boost spending on clean energy, transport, and housing. It may also bring higher taxes for companies and the wealthy. A Biden win with a Republican-controlled Senate would likely lead to much less fiscal stimulus, little public investment, and no major tax changes," the analysts said. Fiscal stimulus under a second Trump term may lie somewhere between these two scenarios, we believe, while public investment could be similarly small as under a Biden divided government." Highlights
"Whatever the mind of a person can conceive and believe, it can achieve" -Napoleon Hill [link] [comments]  |
| Stock market news, updates & predictions, should you Buy or Sell Now? [11-3-2020] Posted: 03 Nov 2020 06:09 AM PST Are the industrials back? Is tech going to sink? Why did PayPal drop after good earnings and apple announces new event next week, let's talk about the stock market Hey everyone and Welcome I am going to react to the stock market news on movements from yesterday and what i expect next. So, the stock market has done pretty well this year especially the tech heavy Nasdaq, being up more than 21%, while the broader S&P 500 is barely up and the Dow industrial is down for the year. YEARLY CHART In the last week or so we have seen the VIX testing the 40 level but being rejected every time so it seems that there is enough confidence in the stock market for it not to collapse like back in march.VIX Yesterday we saw the Dow Jones rising 1,6% or 423 points CHART , the S&P rose by 1,22% CHART and the Nasdaq was the laggard only up 0,42% CHART While the strong economic reports that came in helped the stock market to rally, as the stock market was also helped by technical support and finally ended the selloff of October by bouncing of the SMA 200 BOUNCE CHART . As manufacturing PMI rose to 59,3, a number not seen in over 2 years PMI PMI2 The US manufacturing activity accelerate with new orders jumping to the highest level in nearly 17 years, the Chinese and Europeans also saw manufacturing sped up in the last month MANUFACTURING Here is the heat map for the S&P from yesterday, you can see that the big names dragged the market down while most of the smaller companies were in the green to start November S&P HEATMAP big companies in the tech sectors Apple, Amazon Facebook and Microsoft closed in the red yesterday while Alphabet continued to rise on the back of improved earnings and growth guidance. TECH EARNINGS PayPal reported earnings yesterday after the bell as the company beat the estimates of earnings per share by more than 10% and saw a revenue increase of almost 25% year over year. EARNINGS This was the strongest ever quarter for growth in total payments for PayPal. While the earnings jumped more than 121% since last year. QUARTER OVERVIEW The Company also saw a increase more than 15million new active accounts in q3 up to a total of 361 million accounts, up more than 50% year over year while the free cash flow for the company also is up more than 40% year over year Q3 STATS While the operating margin was also up significantly since last year both on a GAAP and Non-GAAP accounting so the company seems to have a great future ahead with growth widely available on an international basis. BALANCE SHEET The company did drop in after market about 5% do to the lack in guidance for next year, but the lack in guidance for next year is very widely spread, as not many companies know what exactly will happen in the near future, but I don't expect anything bad for PayPal to happen, as the company also announced recently that they will accept bitcoin storage and payments within the subsidiary Venmo. Bitcoin on PayPal Apple announced yesterday that next Tuesday they will have an event in which they are expected to showcase the new Macs, the first ones to have internally designed processors, Apple News this Is a move away from Intel provided chips which I believe will further enhance performance and will eventually reduce costs for the company, resulting in a increase in gross margin for the products. Also, Microsoft just confirmed that the new Xbox series will also make Apple TV available on the console, that means that Apple TV is available on all next gen consoles with Sony's PlayStation 5 offering the service also Microsoft - Apple TV This will likely be a boost for the service, apple really seems to be going all out to increase the services revenue which I believe is the right way to go, as the physical products are lasting longer and are not renewed ever year like in the past, this increase in services will make up for that lack of product sales. iphone Revenus Also recurring subscriptions revenue are more profitable for the company and are far more important in the eyes of the analysts. Services REvenue Apple is one of the best, if not the best companies to own in your Portofolio as they are both a growth stock and a value stock since they do give out dividends. The company has given almost half a trillion dollars to shareholders and has many growth drivers like I said, the services, the new iPhone 12 that has the potential to be a super cycle and the company finally launching they're own online sales in India. Apple Shareholders With tech earnings coming in last week all delivered good beats on estimates. Google recovered from a Q2 slump in ad sales, as the biggest growth provider in the company was YouTube. TECH EARNINGS While Facebook revenue increased 22% year over year the company seems to be in a difficult position going forward due to privacy issues both from the US government and from the changes that Apple will make which will impact a large base of users. Twitter was the one that disappointed the analysts the most, as the increase in users was minimal but ad sales did grow. Still the stock plummeted more than 20% after earnings. Pinterest saw a huge jump after the sales rose by 58%, as they become more popular and the customer base in more than 60% woman who decide the household buying they stand to see an increase in ad sales in the future also. PINTEREST I believe that for Google and Facebook the most important thing at this moment is that they continue to grow the revenue from the huge amount of people that already use they're services, while for the smaller companies it is far more important that they grow they're user base, that ultimately will attract more ad revenues. Peloton will report alongside Alibaba on Thursday after the market is very interesting to watch, that stock has dropped from it's all time high about 20% but I can see that bouncing back if the numbers that are reported and guidance for next quarter comes in better than expected. (Full disclosure I am long Peloton) Peloton Meanwhile Walmart, the biggest private company by number of employees in the world announced on Monday that they will stop using robots to keep track of inventory, despite the retailer not saying why the cut of the robots, I believe that for the moment it's more efficient and cheaper that those jobs be done by the workforce. Walmart So I strongly believe we should mostly trust the portofolios that we have build and not make any big changes as markets can seem chaotic. I believe that it's almost impossible to time the market correctly and can hurt our returns if we are to sentiment driven. Thank you for reading, please leave your opinion below, i will try to respond to everyone! Have a great day and use your voting rights! [link] [comments]  |
| NIO's Marco Polo project & the implications on its stock price Posted: 03 Nov 2020 04:00 PM PST NIO is in the process of setting up an overseas division, tentatively named the "Marco Polo Project", to sell its models in Europe. The first overseas NIO House could be in Copenhagen, Denmark. The project may be headed by Chen Chen, who was formerly in charge of sales at BMW MINI East and also served as NIO's senior director of sales and management. NIO's Founder and Chairman Li Bin said in August the company plans to venture into other markets starting in the second half of next year. If NIO can successfully open the market in Europe, we can expect its stock to skyrocket even more than it already has. Source: 3-min intro of the Marco Polo project and how it may affect the stock price. [link] [comments]  |
| Watchlist: 11/3 Election Day Whiplash Posted: 03 Nov 2020 04:06 AM PST Market Notes:Today is the day. Be sure to get out and vote if you haven't already. Election results may or may not be in tonight. The market will likely settle down a bit if we have winners in all the critical races. Failure to produce clear results will likely drive continued volatility. Markets swung dramatically yesterday. I expect more of the same today. Futures are sharply higher at writing. I might stay cash today and wait for calmer waters. There's always another trade. Watchlist:SUP is a lowish float, resistance at $2.10 TROX has support at $10 CYH watching for a continuation above $7 GNW has support at $4 NIO is in play [link] [comments]  |
| Posted: 03 Nov 2020 02:38 PM PST Hello, is there anybody who have some knowledge about investing in Porn overall? I think future is in VR porn or modern sex dolls ? Is there any companies, porn sites stocks that u can buy and if yes, what are the best ? [link] [comments]  |
| Wanting to learn about the markets? New to trading and no idea where to start? I'm here to help!! Posted: 03 Nov 2020 07:34 PM PST Hi! Have you been curious about how the markets work and what to do to get started? I can help! I love helping people get started with investing. I am not a financial advisor, just a guy that cares about people and their financial future. It amazes me how many people I talk too that don't put their money to work for them. Everyone's heard of a 401k, but how many are actively involved in theirs? Sadly, only a small percentage of people know how to manage their retirement and financial future. Let's chat and let me help steer you in the right direction. No charge. Never will I ask any personal information about you. I am only here to answer questions and provide resources. Let's get to learning together! [link] [comments]  |
| Does the treasury ever pay interest + face value back to the fed? Posted: 03 Nov 2020 07:14 PM PST heard all the profit that the fed makes goes into treasury.. does that mean the treasury department make unlimited money? like if they issue bond to people, and the fed purchases them through OMO, then all the treasury bonds that the fed bought would be given to treasury right? When someone buys a Treasury bond, the government must pay them interest. This applies to the Fed as well, but then at year-end the Fed remits the interest back to the Treasury. The federal government paid out $223 billion in interest payments last year This is the article I was reading about [link] [comments]  |
| Posted: 03 Nov 2020 10:17 AM PST |
| Posted: 03 Nov 2020 11:06 AM PST On the TSX is there any regulations as to what the minimum stock price has to be to keep being listed? Is it just like the NYSX that requires it being over $1/share and if it's under they have 6 months to bring it back up? [link] [comments]  |
| JPMorgan analyst predict a potential 54% spike in the S and P 500 post elections Posted: 03 Nov 2020 08:46 AM PST |
| Posted: 03 Nov 2020 03:09 PM PST Is it possible or reasonable to place a call spread and a put spread at the same time? Example for spy place 2 week debit call spread and put spread to where any direction at the end of the contract they both or one or the other are profitable? Seems like if it is doable wouldn't that be a win win every time? [link] [comments]  |
| Any subreddits about shorting stocks? Posted: 03 Nov 2020 07:48 AM PST Any subreddits about shorting stocks? Or are there any subreddits about fraud companies and such? I would really like to check them out. I was googling a lot but cant find any subreddits. I'm spamming this because the bot will remove this post for being too short [link] [comments]  |
| Posted: 03 Nov 2020 12:54 PM PST So I have a small position of 7 shares of delta I bought in at 31.66 about 2-3 months ago and 14 shares of Nio at around 16, for the last 2 weeks I have been second guessing my position with delta. I'm stuck I don't know if I should just hold out or sell it and put my money in to Nio they have been very good to me over the last 3 months. Figured I would reach out to the Reddit community for your opinions [link] [comments]  |
| Posted: 03 Nov 2020 04:33 AM PST I'n in at 2.07 on FCEL and always buying lower if available, Im in at 5.04 with PSEC, & dying to buy more below 4.96. The last one MFA is the newest to my holdings and i may have gotten a bit ahead of myself and paid 2.81 for 50 shares, but ill stop at 500 of the three ideally anyways. My next question would be, if i'm selling put as close as the price will get to 2.50 with FCEL, until I'm exercised and I'm collecting good dividends on the other two, but selling puts for those two isn't much worth it, should i focus on buying FCEL below 2.07 instead of using capital to buy more dividend paying PSEC/MFA? I may also open a position with US steel, below 9 somewhere, as steel concrete and wood never go out of style. [link] [comments]  |
| (March.2nd, 2020) Wharton Professor of Finance Predicts ‘Short, Quick Recession’, CNBC Posted: 03 Nov 2020 11:10 AM PST "Wharton School finance professor Jeremy Siegel said Monday the U.S. could suffer a near-term recession because of the negative economic impact from the fast-spreading coronavirus". Read more [link] [comments]  |
| Advice on the best stocks to invest in for beginners! Posted: 03 Nov 2020 04:13 AM PST This is my first time investing so I don't know much really. I have around $5000. I'm willing to invest $4k in long term stocks and $1k for short term like a year or less. And whenever I get extra money, I'm going to invest them in stocks. Could someone tell me what are the best stocks to invest in right now? Some high risk and some stable. I'd really appreciate it. [link] [comments]  |
| Posted: 03 Nov 2020 12:53 PM PST So I'm new to investing have a small position of 7 shares of delta I bought in at 31.66 about 2-3 months ago and 14 shares of Nio at around 16, for the last 2 weeks I have been second guessing my position with delta. I'm stuck I don't know if I should just hold out or sell it and put my money in to Nio they have been very good to me over the last 3 months. Figured I would reach out to the Reddit community for your opinions [link] [comments]  |
| Trying to understand why Paypal went down today Posted: 03 Nov 2020 12:56 AM PST They grew revenue and EPS, upgraded guidance, etc yet the stock fell 5% after the report. I'm trying to understand why this happens, was the price already overpriced approaching the ER? [link] [comments]  |
| LHV Stock Shark – a stock market game with virtual money Posted: 02 Nov 2020 11:43 PM PST Hello! I would like to introduce you to a game called Stock Shark. LHV, an Estonian bank, is once again organizing a very popular virtual stock market game called Stock Shark. The game runs from 2 November through 20 November 2020.You can register from 19 October, until the end of the game. - Test your investment skills and learn from your own actions and those of others; - We are also welcoming teams from companies, schools, etc; - Additional prizes for school students; - Participants will have the possibility to read the digital edition of Äripäev or Delovõje Vedomosti free of charge. Register and play for free HERE - https://www.lhv.ee/en/shark If you are participating, write a comment down below! It's my second time competing in the Stock Shark game, the last time I played it the year was 2014. IT IS A FREE GAME and the first place wins 3000 EUROS [link] [comments]  |
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