Stock Market - Wall Street Week Ahead for the trading week beginning November 9th, 2020

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• Wall Street Week Ahead for the trading week beginning November 9th, 2020
• Here is a Market Recap for today Friday, November 6, 2020. Please enjoy!
• Watchlist: 11/6 Cash is Trash
• Anyone has any suggestions? (I'm looking to buy a few more stocks)
• Lets talk travel stonks. Most are still 80% off their previous highs. When do you plan on loading up?
• Opinion on Cloudmd
• Nintendo Climbs After Boosting Forecast by 50% on Gaming Demand, Bloomberg
• Peloton stock plunges, T-Mobile stock jump, stock market news [11-5-2020]
• Explaining intricacies of a stop limit order?
• (Nov.5th, 2020) Double-Dip Moves From Risk to Reality in Major Economies, Bloomberg
• Trying to Diversify
• Making a living out of the stock market

Wall Street Week Ahead for the trading week beginning November 9th, 2020 Posted: 06 Nov 2020 01:48 PM PST Good Friday evening to all of you here on r/StockMarket. 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 November 9th, 2020. After sharp bounce, market may take a 'breather' on lingering election uncertainty, virus outbreak - (Source) After an initially exuberant election reaction, stocks may trade more cautiously in the week ahead, as investors watch election developments unfold and track the course of the coronavirus. The S&P 500 was up more than 7.3% in the past week, at 3,509, and the Nasdaq rose 9%, the best weekly performance since April. Stocks slid Friday, but technology, communications services, health care and discretionary stocks had the biggest gains for the week, after it appeared Democrat Joe Biden could be the next president but with a split Congress. The election was still unresolved heading into the weekend, but even if Biden is declared winner, close votes and lawsuits are likely to result in recounts. The Senate appeared to be in Republican hands, but the margin of control is likely to be tight, and runoff elections are required for two Senate seats in Georgia in early January. "I think the uncertainty is going to catch up the market on a short-term basis," said Leo Grohowski, BNY Mellon's Wealth Management chief investment officer. "Perhaps next week could be a drifting lower kind of week." Ahead of the election, the market had been betting on a "blue wave," where Biden would take the White House and Democrats would get control of the Senate, giving them total control of Congress. But when it appeared the Senate would stay in Republican hands, stocks surged on the idea of gridlock, which would keep Biden from implementing tax increases and lots of new regulations. At the same time, there has been a surge in daily new coronavirus cases to more than 122,000. Economists are concerned that the economic recovery could suffer as some states could restrict activities and consumers may pull back heading into the important holiday season. The Fed, in its post-meeting statement Thursday, repeated that the course of the virus could help determine the path of the economy. There are a few economic reports in the week ahead, including consumer price index inflation data Thursday and the producer price index Friday. More than a dozen Fed officials are on the speaking circuit, including Fed Chairman Jerome Powell, who speaks Thursday on central banking at a European Central Bank forum. The earnings season is beginning to slow down, but there are still dozens of reports, including from McDonald's on Monday and Walt Disney, Applied Materials and Cisco on Thursday. "I think next week is just setting up to be a breather. There's still a lot to figure out here," said Grohowski. "The equity market's reaction has been I think understandable and probably better than many might have expected." Grohowski said there may be uncertainty for awhile. "What I'm thinking about is the Senate races. Part of the market reaction has been relying on this divided government." After the votes are all in or recounted, "a sweep is unlikely but possible." "I think the longer this stays uncertain and messy, the more the post-election bounce comes into question," he said. Different than 2000 It would not be unusual for the stock market to sell off before rallying into year end, according to Sam Stovall, chief investment strategist at CFRA. Stovall does not expect the type of turbulence there was in 2000, when former Vice President Al Gore lost to George W. Bush in a tight race that ultimately went to the Supreme Court. "In 2000, they were not expecting hanging chads. But they do expect a contested election this time. I think in many ways the market anticipated this," said Stovall. But the market, after its election week surge, could pull back. "Historically, the market goes down in the month of November, after a Democratic victory," said Stovall. Since World War II, Democrats won the White House nine times, and the market fell an average of 0.5% in November in those years, compared to the average gain for all Novembers of 1.4%, he said. After those Democratic victories, stocks then rose 1.9% in December on average, more than the normal 1.5% gain for all Decembers. Strategists said they currently do not expect the kind of lockdowns that states ordered when the pandemic started to spread in March. But there could still be some impact that could be negative for stocks. Grohowski said he sees some signs of optimism for the market. Strong data, like third quarter GDP, October's drop in unemployment to 6.9%, and the better-than-expected earnings are all positives for the market. Another is that investors are so skeptical. "What does still exist is a great deal of dry powder. There's $4.3 trillion in money markets alone," he said. "I can tell you, being in touch with investors of all shapes and sizes this week, there's still a lot of skepticism. From a contrarian view, high cash and a lot of skepticism is a contrarian indicator." 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!]()) (T.B.A. THIS WEEKEND.) 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!) (CLICK HERE FOR THE CHART LINK #3!) Presidential Election Anticipation Is Keeping Us Waiting While we all anxiously await the final count and outcome of the U.S. Presidential Election, here are some possible scenarios for 2021. Our analysis here is based on historical market performance during the most likely political alignments for next year. We ran these likely scenarios through the Almanac database software to create this graph. We are either going to have the fifth year of a two-term republican president or a first year of a new democratic presidency. It appears the democrats will hold the house and the republicans will hold the senate, but that is not a forgone conclusion either. So we also examined both presidential outcomes with a democratic, republican and split congress. Our study uses the S&P 500 from 1949 to 2017. We start in 1949 because it is the first full 4-Year Presidential Stock Market Cycle since the end of WWII. The Twenty-Second Amendment that implemented presidential term limits for a max of two terms or eight years was ratified on February 27, 1951. Truman in 1949 was excluded as there was a no change of party in the White House. We gave Bush 41 the same treatment. Admittedly, there are limited data points; four each of fifth year republicans and first year democrats. Here's what we found. A change in party with a new, first year democratic president came with democratic control of Congress and significantly higher performance for the S&P 500, averaging 10.6% with a median gain of 15.1% versus 7.0% for the average post-election year since 1949. (CLICK HERE FOR THE CHART!) Fifth year republican presidents in 1957 (Eisenhower) and 1973 (Nixon) had to work with democratically controlled Congresses and the market suffered significant losses. The market did well in Reagan's fifth year with a split Congress – a testament to how "The Great Communicator" was able to work across the aisle with then Speaker of the House Tip O'Neill. Even with republican control of Congress under Bush 43's fifth year, the market had a tough year with ongoing issues in Iraq, North Korea declaring it's a nuclear power and the most active and second costliest hurricane season on record. Job Growth Continues as COVID-19 Cases Rise The US labor market shrugged off election uncertainty and continued to add jobs in October. Despite the waning effects of fiscal stimulus and rising COVID-19 cases, per the US Bureau of Labor Statistics, the US economy added 638,000 jobs, ahead of Bloomberg survey estimates calling for 580,000. The headline number was depressed by a 268,000 drop in government employment, including 147,000 temporary census workers. Meanwhile, the unemployment rate fell from 7.9% to 6.9% despite a rise in the labor force participation rate, a reversal of the dynamic we saw in September when unemployment fell while the labor force participation also declined. However, a troubling trend remains beneath the surface. As shown in the LPL Chart of the Day, the number of long-term unemployed—those out of work for 27 weeks or longer—continues to rise as a share of the total unemployed: (CLICK HERE FOR THE CHART!) "While the labor market has continued to show improvement, there are still many people out there who are having a hard time getting back to work," noted LPL Chief Market Strategist Ryan Detrick. "With total jobs in the US around 10 million below pre-pandemic levels and rising COVID-19 cases, there's a lot of room for improvement despite the declining unemployment rate." COVID-19 cases in the United States have reached record highs with a weekly trend growth rate above 20%, according to the COVID Tracking Project. As the weather cools and more activity shifts indoors, additional restrictions to limit the spread of the virus could slow the fragile labor market recovery. In particular, much of the private sector gains in this month's jobs report were in the services sector, where previous jobs reports had shown strength in goods-oriented industries. Many countries in Europe have reinstated restrictions or even gone as far as implementing new lockdowns. While we don't expect lockdowns in the United States like we saw in March, restrictions on activity could limit future job gains. One Sentiment Survey Soars While Another Sinks In an earlier post, we discussed how bullish sentiment in the AAII survey has been on the rise, but looking at another weekly sentiment survey from Investors Intelligence, the opposite is true. The percentage of respondents reporting as bullish fell sharply this week, 7 percentage points, down to 53.6%. While a majority are still optimistic and that reading is in the middle of its range, that was the largest weekly decline since a 7.4 percentage point decline to 41.7% in the first week of March. (CLICK HERE FOR THE CHART!) Meanwhile, the percentage of newsletter writers that are "looking for a correction" rose sharply to 25.8% this week following last week's over 5% decline for the S&P 500. (CLICK HERE FOR THE CHART!) The Investors Intelligence survey has a long history dating back to 1963, and in all weeks in that time, only 5% (174 weeks) have seen bullish sentiment fall 5 percentage points or more while the percentage of respondents looking for a correction has risen at least 5 percentage points in the same week. In the chart below, we show the average performance of the S&P 500 following these past occurrences when there has not been another in the prior 3 months. The S&P 500 has frequently been higher over the following weeks and months, but there is a slight underperformance relative to all periods since 1963 when the survey begins. (CLICK HERE FOR THE CHART!) 2 Post-Election Charts You Need to See The election is over, but the questions are mounting. We don't know who will be the next president as of Wednesday morning, but we do know that stocks tend to do well the final two months of an election year. "Once the uncertainty is over, stocks tend to rally in November and December, with November the best month of the year during an election year," explained LPL Financial Chief Market Strategist Ryan Detrick. "Of course, 2020 isn't like any other year, and we still could be a ways away from who the winner will be." The LPL Chart of the Day shows that the S&P 500 Index tends to do very well the final two months of the year, especially during election years. (CLICK HERE FOR THE CHART!) The modern design of the S&P 500 stock index was first launched in 1957. Performance back to 1928 incorporates the performance of predecessor index, the S&P 90 One of the big takeaways so far from Tuesday night is that the Senate likely will stay Republican, meaning we may have a divided Congress. The chances of higher taxes and more regulation likely took a hit under this scenario. This could be a nice tailwind for stocks, as the S&P 500 historically has done quite well under a divided Congress, up more than 17% on average. Additionally, in years with a divided Congress, stocks have been higher the past 10 times, with 2020 potentially being the 11th in a row. (CLICK HERE FOR THE CHART!) This election is far from over, so stay tuned to LPL Research as we continue to monitor things! Emerging Markets Cheering a Potential Biden Win The US equity market has seen a massive rally in reaction to what is looking like a Biden victory over President Trump coupled with the Republican party maintianing its majority in the US Senate. None of these results are official at this point, so they are subject to change, but these are the most likely scenarios as of now. Outside of the US, emerging markets have also rallied. In just the last two days, the MSCI Emerging Market ETF (EEM) has rallied 5% and broken above resistance to new 52-week highs. If for no other reason then Biden's campaign slogan isn't America First, the rationale behind the rally makes some sense. (CLICK HERE FOR THE CHART!) The reaction of EEM in the aftermath of this election is very much different from what happened in 2016. Heading into the 2016 election, EEM had been trending higher, but pulled back in the days leading up to the election and broke its uptrend that had been in place since earlier in the year. Again, Trump's America First approach was understandably viewed as a headwind to emerging market equities. (CLICK HERE FOR THE CHART!) While the initial reaction of EEM to Trump's election was negative, that weakness didn't last long. The chart below shows the performance of EEM in the two months before and one year after the 2016 election. The gray box represents the same period shown in the chart above. Within days after breaking its uptrend after the 2016 election, EEM bounced back, rallied to its 50-DMA, tested its November low, and then in the early days of 2017 it was off to the races as EEM. In fact, even accounting for the post-Election Day declines, one year after the 2016 election, EEM was up 25% which was actually more than the 21% return for the S&P 500! The moral of the story here is that first reactions aren't always the right reactions, and as an investor it's not just imperative to know the environment you are operating in, but also when the tides are turning. (CLICK HERE FOR THE CHART!) Winners and Losers During Trump's Presidency With Election Day upon us, below we take a look at the biggest winners and losers across financial markets during the Trump Presidency from Election Day 2016 through today. First off, below is a chart of the market cap of the Russell 3,000 since Election Day 2000 which George W. Bush eventually won. The Russell 3,000 makes up more than 98% of the total US equity market cap, so it's a good gauge to use for measuring the overall change in market cap levels. The current market cap of the Russell 1000 is just north of $35 trillion, which is up $11.5 trillion since Election Day 2016. President Obama oversaw US market cap growth of $12.3 trillion over his two terms, while President Bush actually saw market cap decline by $4.1 trillion after his two terms. (CLICK HERE FOR THE CHART!) Below is a look at the total return of various asset classes since Election Day 2016 using key ETFs listed on US exchanges. The S&P 500 (SPY) is up 70.6% since Trump was elected, while the Nasdaq 100 (QQQ) more than doubled that at +144.3%. Of the broad index ETFs in the matrix, the Smallcap Value ETF (IJS) is up the least since Election Day 2016 at just +17.2%. Looking at US sector ETFs, the Energy sector (XLE) is a huge outlier with a decline of 48.3% since Trump was elected. Technology (XLK) and Consumer Discretionary (XLY) are up the most with gains of 154% and 97%, respectively. Along with Energy stocks, the oil (USO) and natural gas (UNG) ETFs have been more than cut in half since 11/8/16, while gold (GLD) is up 47% and silver is up 29.5%. (CLICK HERE FOR THE CHART!) Not every country has seen stock market gains since Trump was elected. As shown below, Mexico (EWW) is down 28.5%, Brazil (EWZ) is down 19.4%, Spain (EWP) is down 6.8%, and the UK (EWU) is just slightly in the red. The US (SPY) is up more than any other country with a gain of 70.6%, while China (ASHR) is up the second most at +51%. Whatever happened with the trade war certainly didn't hurt the US and China versus the rest of the world on a relative basis. (CLICK HERE FOR THE CHART!) (CLICK HERE FOR THE CHART!) Within the Russell 1,000 in its current form, there are nine stocks that are up 1,000% or more since Election Day 2016, with Enphase Energy (ENPH) at the top with a gain of 8,590%. Trade Desk (TTD) is up the second most at +2,448%, followed by Novocure (NVCR), SolarEdge Tech (SEDG), and Quidel (QDEL). Square (SQ) ranks sixth with a gain of 1,203%. Other notables on the list of big winners since Trump was elected include Etsy (ETSY), Teladoc (TDOC), Tesla (TSLA), NVIDIA (NVDA), Atlassian (TEAM), Boston Beer (SAM), and Lululemon (LULU). (CLICK HERE FOR THE CHART!) In terms of market cap gains for individual stocks, the numbers below are quite eye-popping. Apple (AAPL) has gained the most in market cap since Trump was elected with an increase of $1.257 trillion! Amazingly, both Amazon (AMZN) and Microsoft (MSFT) have added more than $1 trillion in market cap as well. Prior to the last few years, no company was even close to having a $1 trillion market cap, but at this point, AAPL, AMZN, and MSFT have gained that much in the last four years. (CLICK HERE FOR THE CHART!) STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending November 6th, 2020 (CLICK HERE FOR THE YOUTUBE VIDEO!) STOCK MARKET VIDEO: ShadowTrader Video Weekly 11.8.20 ([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!]()) (T.B.A. THIS WEEKEND.) (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 11.9.20 Before Market Open: (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Monday 11.9.20 After Market Close: (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!) (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!) Tuesday 11.10.20 Before Market Open: (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Tuesday 11.10.20 After Market Close: (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 11.11.20 Before Market Open: (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Wednesday 11.11.20 After Market Close: (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Thursday 11.12.20 Before Market Open: (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Thursday 11.12.20 After Market Close: (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!) Friday 11.13.20 Before Market Open: (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!) Friday 11.13.20 After Market Close: ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]()) (NONE.) (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.) (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/StockMarket. submitted by /u/bigbear0083 [link] [comments]

Here is a Market Recap for today Friday, November 6, 2020. Please enjoy! Posted: 06 Nov 2020 01:06 PM PST PsychoMarket Recap - Friday, November 6, 2020 Stocks took a breather today, trading slightly lower after a continuous four-day rally. Market participants closely await the results of the US presidential election. The Nasdaq (QQQ) finished 0.07% up, the S&P 500 (SPY) finished 0.02% down, and the Dow Jones (DIA) performed the worst, 0.26% down on the day. Today, the Labor Department released a better-than-expected October jobs report. The report shows that there were 638,000 non-farm jobs added to the economy versus the 580,000 expectation. The unemployment rate was 6.9%, compared to the 7.6% expectation (unemployment rate in September was 7.9%). The job report is surprisingly good, given the recent surge in coronavirus cases across the United States. The US Presidential Election remains the key focal point for market participants and Wall Street. Because of the surge of mail-in ballots, three days after Election Day several key swing states, including Nevada, Georgia and Pennsylvania, have yet to announce results. According to the Associated Press, Joe Biden has 264 electoral votes to President Trump's 214. Candidates need 270 electoral votes to win the election. As of this morning, Joe Biden took a very slim lead in Georgia and Pennsylvania and has increased his lead in Nevada. Below are the states that have been called, according to the Associated Press: States called for Trump: Ky., W. Va., S.C., Ala., Miss., Tenn., Okla., Ark., Ind., N.D., S.D., Wyo., La., Neb. (4 of 5 electoral votes), Kan., Mo., Idaho, Utah, Ohio, Iowa, Mont., Fla., Texas States called for Biden: Vt., Va., Conn., Del., Ill., Md., Mass., N.J., R.I., N.Y., N.M., D.C., Colo., N.H., Calif., Ore., Wash., Hawaii, Minn., Ariz., Maine (3 of 4 electoral votes), Wis., Mich. A win for Biden is looking increasingly likely, given he only needs to win one more of the battleground states in order to take the White House. During a press conference yesterday afternoon he said that he had "no doubt" that once the counting was complete he and Kamala Harris "will be declared winners." Trump, on his part, has doubled down on his calls "stop the count", baselessly alleging widespread fraud during the election. His campaign has already sued multiple battleground states to challenge to ballot-counting process. A vote in Miching denied Trump's efforts. Despite some of the uncertainty still surrounding the election, stocks rallied strongly again in the immediate aftermath of Election Day. According to a number of analysts, traders like a divided government, where no single party would control each of the White House, Senate, and House of Representatives. Under that scenario, major policy changes are unlikely to get advanced. Highlights The US Office of Special Counsel has opened an investigation into allegations the Trump campaign violated federal law by using the White House on Election Day as a command center, according to Reuters. Livent (LTHM) shares set new 52-weeks high after the positive earnings report and news of an expanded partnership with (TSLA) for lithium NIO just unveiled its 100-kilowatt-hour battery and also announced battery upgrade plans at an event in Beijing, per a report by Benzinga. Invesco's (QQQ) ETF of the 100 biggest Nasdaq stocks pulled in nearly $2.7B from investors on Thursday, one of its biggest single-day hauls of the year, according to data from FactSet Shares of luxury e-commerce retailer Farfetch (FTCH) soared more than 11% today after it announced a partnership with Alibaba (BABA), 4.31% and Richemont (CFRUY) that includes an expansion in the Chinese market and a $600 million investment. Tesla (TSLA) has added Tequila as a merchandise offering on its online store. The electric vehicle maker is taking orders for company-branded Tequila in select states in the United States. Chewy (CHWY), the online pet-supply retailer, and brick-and-mortar stores such as PetSmart and PetCo will benefit from the closure of PetValu stores, Wedbush said in a note to clients on Friday. Alibaba (BABA) with target increase by Royal Bank of Canada from $300 to $335 at OUTPERFROM . Stock curren tly at $300 after a monster day today. Avalara (AVLR) had several target raises. Stock currently around $162. Piper Sandler from $138 to $185 OVERWEIGHT Needham from $150 to $190 BUY JMP Securities from $165 to $185 OUTPEFORM Cardinal Health (CAH) with two target increases. Stock currently around $53. Deutsche Bank (DB) at $65 BUY Robert W. Baird at $70 OURPERFORM Dynava (DVAX) target raisewd from $12 to $14. Notable because the stock is currently $4.13 and has money from Bill & Melinda Gates Foundation for Covid research Global Blood Therapeutics (GBT) with massive target increase from $75 to $120 OVERWEIGHT. Stock currently around $60. After reporting positive earnings, (GM) with several target increases. Stock currently around $37. Credit Suisse to $47 OUTPERFORM Royal Bank of Canada to $49 OUTPERFORM Benchmark to $47 BUY Hubspot (HUBS) with two, very bullish target increases. Stock currently around $336. Piper Sandler from $300 to $435 OVERWEIGHT Needham from $325 to $400 BUY. Industrial Innovative Properties (IIPR), a weed REIT, with target increase from $140 to $185 OUTPERFORM. We love this stock at Psycho!. Monster Beverage (MNST) target raise by Deutsche Bank (DB) from $92 to $97 BUY. Stock is currently around $83. Cloudfare (NET) with two target increases. Stock currently around $58. Wells Fargo (WFC) $50 to $70 OVERWEIGHT Needham from $69 to $75 BUY BUY Qualcomm (QCOM) target increase by Argus from $150 to $175 at BUY. Stock rallied after beating earnings recently. Currently around $143. After destroying earnings, (ROKU) with too many target increases to list. Average price target around $280 with BUY rating. Stock currently around $225. Sunrun (RUN) with two target increases. We really like this clean energy stock. Stock price around $58 Square (SQ) with two target increases after beating earnings. Stock currently around $175. Wells Fargo (WFC) to $200 OVERWEIGHT Needham to $230 BUY Take-Two Interactive (TTWO) target raised by Barclays from $196 to $210 at OVERWEIGHT. Stock currently around $168. We really like this one. Zillow Group (Z) target raised by Needham from $125 to $145 at BUY. Stock currently around $104. "Living well is the best revenge" -George Herbert submitted by /u/psychotrader00 [link] [comments]

Watchlist: 11/6 Cash is Trash Posted: 06 Nov 2020 03:55 AM PST Market Notes: We are still awaiting final election results from several states this morning. But all indication still point to a Biden Presidency and a Republican-controlled Senate. The market has been flying the past few days as some certainty in the government is being priced in. We are getting the first dip this morning as futures are down less than 1%. Gold, silver, and Bitcoin are all moving up and have been for a couple of days now. The Fed appears poised for more QE. With all markets bullish it appears cash on the worst thing to hold right now. I'm still bullish and think the current dip will be bought up today or early next week. As always I'm ready for the market to prove me wrong. Virus cases are still on the rise but as long as the Fed is buying the market can still rise. Watchlist: IEA is a low float, key level at $9.50 DXYN is a low float, watching for a setup above $1.30 HEAR is a low float, on watch SMMC is a SPAC, support at $12 SD has resistance at $2.42 WNC has support at $16 AVXL has support at $7.20 MGI has support at $5, resistance at $6 ORBC is on watch EVRI watching for a setup above $10 FOE watching for a setup above $14 NBEV has resistance at $3.05 REZI has support at $15 MGNI has support at $10.75 CYH has support at $8.50 GPRO has support at $7.20 VG has resistance at $13 PLTR has support at $11.50 submitted by /u/tradingforkeeps [link] [comments]

Anyone has any suggestions? (I'm looking to buy a few more stocks) Posted: 06 Nov 2020 12:25 PM PST Here's my current portfolio: NYSE: WM 3% NYSE: BRK.B 12.5% NYSE: T 2 Stocks 25% NASDAQ: AMZN 8% NASDAQ: TSLA 8% NASDAQ: LOGI 6% NASDAQ: PYPL 3% NASDAQ: AAPL 12.5% NYSEARCA: VYM 6.25% NYSEARCA: VNQ 6.25% NYSEARCA: VOO 12.5% (These are approximate values) I'm thinking of buying a few stocks of NIO and Ali Baba, especially if Biden wins. Can anyone suggest anything to add/remove? (I am looking for long term growth) Thanks! submitted by /u/daninassar0 [link] [comments]

Lets talk travel stonks. Most are still 80% off their previous highs. When do you plan on loading up? Posted: 06 Nov 2020 01:16 PM PST The biggest downside to investing in Travel Stocks right now is opportunity cost. When people will start flying and going on cruises again is uncertain, we probably won't see much action until late 2021. I'd like to put a 20% stake from my portfolio in LUV, and CCL, however I don't want my money to just camp there doing nothing while we wait for the world to get over this corona situation. What are you thoughts on all of this? These companies are obviously struggling really hard right now, have you been watching? Do you have a PT / entry plan? I think if you put a solid amount into these stocks they could net you 400% gains within a few years. I'm not an expert by any means, I'm just speculating on the future. I believe people are wanting to go out and travel, and as long as they have money to spend, they will spend it on travel and experiences. I think travel stocks are a better long term bet than Big Box Retail like JWN (also way off of its highs). submitted by /u/banananuttt [link] [comments]

Opinion on Cloudmd Posted: 06 Nov 2020 11:09 AM PST As a first time investor, I try to learn by watching YouTube videos and observing this Reddit. Just want to know what are some of your opinion on cloudmd? Is it going to be another big stock like shopify submitted by /u/brownlaila [link] [comments]

Nintendo Climbs After Boosting Forecast by 50% on Gaming Demand, Bloomberg Posted: 06 Nov 2020 08:02 AM PST Nintendo Co. gained after the Japanese company made an unusual decision to increase financial forecasts midway through the fiscal year, a sign of robust gaming demand from consumers stuck at home during the pandemic. Nintendo's shares rose as much as 4.1%, the most on an intraday basis since August. They're up more than 35% for the year. https://www.bloomberg.com/news/articles/2020-11-05/nintendo-raises-outlook-in-a-sign-that-gaming-boom-has-legs submitted by /u/interestingstuff6 [link] [comments]

Peloton stock plunges, T-Mobile stock jump, stock market news [11-5-2020] Posted: 06 Nov 2020 06:22 AM PST Peloton falls more than 7% after earnings while T-Mobile and others jump, let's talk about the stock market Hey everyone and Welcome I am going to react to the latest news in the stock market and what to expect next So let's start with Peloton, which announced earnings yesterday and reported an EPS of 20 cents beatin the 11 cents expected and also beating the revenue with over 750 million which has more than tripled compared year over year PELOTON The company also did offer better guidance as next quarter they are expected to have a revenue of almost 1 billion. The stock plunged after hours more than 7% after the company announced that the high demand is causing delays, in my opinion this being the only reason the stock fell. Still a lot of great announcemnts have to be taken from the results as subscriptions soared more than 130% year over year to over to 1,3milion with the lower priced treadmill expected to arrive next year which will again boost the adresable market for the company as well as the new Bike+ which boosted sales since launching. PELOTON CHART So yesterday we saw the stock market keeping the gain streak alive, with the Nasdaq 100 CHART leading the way, up more than 2,5 % while the S&P500 CHART and the Dow Jones CHART were almost 2% up each. Almost 80% of the stock market was advancing yesterday with more than 4 thousand companies gaining and almost 200 makeing new highs CHART. The trading volume is still below average mostly but that seems to be picking up. The leaders were Materials, Technology and Financials yesterday, as all sectors were up exept energy which was flat and continues to trail CHART. We did see small and mid-cap lead the way yesterday CHART as the VIX dropped even more, closing at 27,5 but it stay realtively flat after the open CHART . As expected after this week gains the Investors sentiment has gain almost 3% as more people were cathing the FOMO sentiment the fear of missing out. With a decline of almost 4% in bearish investors. FOMO Here is the Heat map from yesterday as you can see the tech sectors continued to gain a lot as did communications and consumer cyclicals. MAP Yesterdat the jobless claims were published and we saw a dip of 7 thousand less than expected but still a decline. While the unemployment rate is expected to inch down to 7,7% NEWS I am looking forward to see the non-farm payrolls number and the prelimanry wholesale inventories as the biggest economic events of today. FRIDAY Pre-Market we have seen a slowdown of the market with all big 3 indices being down between half a percent and 1% at the time of recording this video. As i believe there will be some profit taking to end the week. AS the S&P 500 has had 4 consecutive day's of 1% or more gain, that last happend in 1982 PRE-MARKET T-Mobile posted a huge beat on earnings,revenue and subscriber aditions. The company posted a 1$ EPS vs the 57 cents expected, while also hugely exceeding the subscribers estimates this results in a jump of almost 7% after hours. The revenue also increase more than 70% year over year, the company is doing very well after the aquisition of Sprint. T-MOBILE Despite dropping in the last weeks after the suspention of the Ant Group IPO and after dropping again on Q3 results without any significant reason, Alibaba reported a cloud computing revenue increase of more than 60% year over year, that is faster than some other big players like Amazon web services and Microsoft Azure, and the company expected the divison to be profitable for the first time finally this year, while the company is only the fourth largest player in the domain it seems to be catching up to it's competitors ALIBABA So Roku posted a surprise profit yesterday as the company earned 9 cents per share a big increase from a year ago when they lost 22 cents per share, as the company added almost 3 million active account in the 3rd quarter up to a total of 46milioon users. While de average revenue per user climbed to 27$ from 25$ in the last quarter.This seems to be a good projection for the growth that Netflix is expecting to have to end the year ROKU EPS A new survery showed that consumers tend to chose the higher tier models of the new iPhone 12 lineup with almost 80% of respondend interested to buy one of the new phones. SURVEY Also it seems that Airbnb will finally set the listing prince next month and open it's financials for investors, this is a company to watch, it may be under-valued in an IPO. NEWS Thank you everyone for reading! Leave a comment down below ! Have a great day and see you next time! submitted by /u/0toHeroInvesting [link] [comments]

Explaining intricacies of a stop limit order? Posted: 06 Nov 2020 11:30 AM PST When using a SLO, would you ever have different values for the stop order and the limit order, if so why? Surely if the stop price has been met, you want to sell and so why would you ever have a different price value set for the limit order? Or does the stop price just get the trigger going to be set for a market order? Also, how likely are you to not be filled on low trading volume stocks? submitted by /u/Lovedubai37 [link] [comments]

(Nov.5th, 2020) Double-Dip Moves From Risk to Reality in Major Economies, Bloomberg Posted: 06 Nov 2020 09:53 AM PST "Alternative, high-frequency data show that economic activity in advanced economies weakened in October amid renewed outbreaks of the coronavirus, and the latest readings suggest the downtrend continued at the beginning of November, particularly in major European countries. Activity in France and Italy turned down sharply as lockdown restrictions took effect, according to Bloomberg Economics gauges that integrate data such as mobility, energy consumption and public transport usage. Activity in the U.S., U.K. and Canada also declined." https://www.bloomberg.com/news/articles/2020-11-05/double-dip-moves-from-risk-to-reality-in-major-economies-chart?sref=RJ2RlMrh submitted by /u/interestingstuff6 [link] [comments]

Trying to Diversify Posted: 06 Nov 2020 06:15 AM PST I've been trying to diversify my portfolio some more by adding some utilities companies more specifically water. I wanted to ask what water companies you own I have been trying to find research but I couldn't find anything. submitted by /u/W_thrash [link] [comments]

Making a living out of the stock market Posted: 06 Nov 2020 08:57 AM PST Hey I'm wondering how much does a person need to invest and where , like penny stocks or any other system that from it I could make a monthly income ? (Not talking about working in Wall Street/ Broker ) submitted by /u/davidx41 [link] [comments]

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