• Breaking News

    Sunday, November 29, 2020

    Stocks - The ACTUAL 15 most mentioned stocks on reddit

    Stocks - The ACTUAL 15 most mentioned stocks on reddit


    The ACTUAL 15 most mentioned stocks on reddit

    Posted: 29 Nov 2020 04:16 AM PST

    The most mentioned tickers in posts (no comments) with more than 7 upvotes on r/stocks in 2020:

    • TSLA (44)
    • AMD (43)
    • MSFT (42)
    • NIO (33)
    • NKLA (25)
    • AAPL (23)
    • AMZN (20)
    • DKNG (19)
    • PLTR (17)
    • BABA (16)
    • FB (14)
    • NET (14)
    • RTX (13)
    • MGM (12)
    • DIS (11)

    source: Posts from this sub, parsed with pushshift. Text-searched for all tickers on american stock exchanges. Manually removed tickers like CEO, DD, AI, UK, EV, PE ... as well as all one-letter tickers.

    submitted by /u/leonderprofi94
    [link] [comments]

    Does anything matter anymore?

    Posted: 29 Nov 2020 08:47 AM PST

    Classically, we get told to diversify, to study a company before investing in it, and to buy companies with good value. My question is: does any of that matter anymore? The largest car company by market cap is TSLA, which is worth over twice as much as Toyota, the second largest car company and the largest one making actual money to justify its capitalization. This isn't isolated, NIO is worth more than Honda, r/WSB has launched PLTR to the moon. So wtf is going on and what does it all mean?

    Disclaimer: I'm not super well versed in the market, just trying to learn what I can before I am thrust into the fray of adulthood

    submitted by /u/corporate_warrior
    [link] [comments]

    China's 2021 new energy vehicle subsidies soar 234% to RMB 37.58 billion ($5 Billion)year on year

    Posted: 29 Nov 2020 09:29 AM PST

    China's Ministry of Finance (MOF) recently issued an early budget for new energy vehicle subsidies in 2021, with the total amount more than tripling that of 2020.

    According to the "Notice on the Advance Issuance of 2021 Energy Conservation and Emission Reduction Subsidy Budget (First Batch)" dated November 20, China will arrange new energy vehicle subsidies totaling RMB 37.585 billion in 2021, an increase of 234% over the 2020 amount of RMB 11.257 billion.

    The amount of subsidies cleared for the 2016-2018 new energy vehicle promotion and application subsidies amounted to RMB 21.896 billion, including RMB 1.162 billion for the 2016 new energy vehicle promotion and application subsidies, RMB 6.363 billion for 2017, and RMB 14.372 billion for 2018. Among them, the subsidy for the operation of new energy buses in 2021 is RMB 15.689 billion, accounting for 41.74% of the total amount.

    In 2020, the Ministry of Finance (MOF) issued the 2015-2018 new energy vehicle subsidies amounting to RMB 11.257 billion, including subsidies for the promotion of high-efficiency motor products and new energy vehicle products that meet the requirements.

    The latest 2021 new energy vehicle subsidies target the operation of energy-saving and new energy bus and promotion of new energy vehicle products, and the 2021 subsidies are equivalent to 3.34 times the 2020 subsidies.

    SOURCE

    submitted by /u/kayaarr
    [link] [comments]

    Why SHOULDN'T I buy PLTR stock??

    Posted: 29 Nov 2020 02:55 AM PST

    PLTR is probably one of the hottest and most discussed stocks right now and has only recently declined slightly because of investor Citron claiming to short it expecting a price dip down to 20 by the end of the year.

    Citron has done this before ,shorting companies like Nio and people are claiming they are purposefully manipulating the market with the intention of buying the sell off. I don't know if any of this is credible.

    My question is, what makes you think PLTR will not continue it's upward trend over the next few months?

    On the flip side, what makes your confident in its success?

    Any potential risks that may tank prices in the coming months?

    Will they be able to commercially expand their market and eventually turn a profit?

    submitted by /u/T-D-R-E-E
    [link] [comments]

    is anyone else kinda startled that their portfolio is doing so well in such a short amount of time?

    Posted: 29 Nov 2020 12:21 PM PST

    so my portfolio is up 37% since i started investing in august.... many of my holdings now have increased 80%+. such as ENPH and NET...I dont have a ton of money invested and now i am kinda at a crossroads because i expected and wanted to keep my money invested for at least 2 years.

    anyone else? advice?

    submitted by /u/Thefishman1
    [link] [comments]

    Could you please explain the GME situation ?

    Posted: 29 Nov 2020 04:15 AM PST

    From my understanding, there is a "short squeeze". Could someone please explain (with reliable sources) what is happening ?

    "A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price."

    "KEY TAKEAWAYS

    • A short squeeze accelerates a stock's price rise as short-sellers bail out to cut their losses.
    • Contrarian investors try to anticipate a short squeeze and buy stocks that demonstrate a strong short interest.
    • Both short-sellers and contrarians are making risky moves. A wise investor has additional reasons for shorting or buying that stock."

    From https://www.investopedia.com/terms/s/shortsqueeze.asp#:~:text=A%20short%20squeeze%20occurs%20when,pressure%20on%20the%20stock's%20price.

    submitted by /u/__Player1__
    [link] [comments]

    Weekly stock market news | Next stocks earnings reports | TSLA , PLTR, DE and more stock news [11-29]

    Posted: 29 Nov 2020 08:03 AM PST

    What happened last week in the stock market? What are the next interesting earnings reports? Let's talk about the stock market!

    Hey everyone and Welcome so let's start with the recap of what has happened in the stock market since Monday.

    Monday the DOW rose by more than 1,12% with the broad stock market SP500 also gaining more than half a percent while the NASDAQ was the laggard barely up 0,2% to finish the day while The VIX had another big drop closing at 22.2. About 70% of the companies were gaining while 80% were trading over 50 and 200-day moving averages. The stock market was lead by the energy sector, which saw a major spike of almost 5% with Financials and Industrials also up more than 1% for the day. The rally was pushed mostly by small and mid-cap value stocks while large-cap growth companies were lagging as you can see in this HEAT MAP with the biggest company in the world, Apple, dragging down the sector, down almost 3% for the day. CHART / SECTORS / CHART

    Reports also came in on Monday that the PS5 and the new xBox have been sold out the moment they are available in stock, as the two gaming consoles are enjoying great demand, this bolds well for the parent companies Sony and Microsoft especially if they can keep up with the demand for this holiday season including Black Friday, holiday RETAIL SALES are forecasted to rise between 3,6 and 5,2%. XBOX & PS5 NEWS

    All this while Europe will start to re-open again after a contraction of the economy due to the latest lockdowns. As they saw the Eurozone PMI falling by almost 4% in October. EUROZONE NEWS

    Some good news came from STORE CAPITAL as the rent collections for November remained at 90% with no new tenants requiring deferrals, this suggests that companies are managing to survive even with the current restrictions in place.

    We also saw reports that Janet Yellen will be the next Treasury pick as she would become the first person to be at the top of the FED the White House Council of Economic Advisers and the Treasury and she will become the first woman to lead the Treasury. TREASURY NEWS

    Moving on, Tuesday we saw the DOW spike more than 1,5%, the SP500 rising 1,6% and the NASDAQ up more than 1,3% in what was a very good day for the stock market with more than 70% of companies advancing and 167 new highs on above average volume. The leaders were once again Energy and Financials, as this 2 sectors, will be two of the fastest benefiting from the end of the pandemic. The rally was continued with value companies leading the way for the 2nd straight day. You can struggle to find red spots in the HEAT MAP from Tuesday but there were a few in healthcare and real estate. This was the first time that the DOW closed over 30k. CHART / SECTORS / CHART

    NIKOLA stock tumbled after the recent rally as the GM deal seems less likely every day, as the deadline for the deal is December 3rd.

    While October HOME SEARCHES surged over 200% as a Redfin report shows, this leads me to believe that the strong housing demand will keep remaining at this levels for a good period of time.

    On Wednesday we saw the stock market take a breather, as the DOW lost 0,6%, the SP500 lost 0,16% while the pandemic plays regained some momentum with the NASDAQ being up almost half a percent before the stock market closed for Thanksgiving.

    About 54% of companies were losing ground with below average volume for the day, as Technology and consumer discretionary and staples were the gainers for the day. Value plays did see some normal corrections after the huge gains in the last days as investors were cashing out some money probably before the day off. CHART / SECTORS / CHART

    Here is the HEAT MAP from Wednesday as only a couple of companies Like Amazon, Apple, Nvidia and Shopify were gaining, while the energy sector was the biggest laggard.

    Also the AAII investor sentiment SURVEY from Wednesday showed that people are getting more bearish or bullish as the neutral feeling fell way below the historical average as bullishness remains very high. This is usually a contrarian indicator, as more bullishness gives me reason to take profits and bearishness to invest in the stock market, though I don't have the same confidence in this as in the past, as I expect this market rally to last until the end of next year.

    News came in from Delta Airlines as pilots approved pay cuts and lower guaranteed hours that could avoid more than 1700 pilots getting cut off. This are great news both for the company and the pilots, as air travel will pick up again in the next years. DELTA NEWS

    Also, Deere reported blowout EARNINGS and a beat of more than 1$ per share and a revenue only 0,6% below last year while also issuing strong 2021 forecasts as they see the equipment sales climbing more than 10% compared to 2020 with a strong net income guidance of 3,6 to 4 billion $ compared to the May guidance of 1,6 to 2 billion $. 4Q 2020 / 2021

    We closed the week on a short day on Friday as the NASDAQ led the way up 0,93%, the SP500 up 0,24% and the DOW barely up 0,13%. As we saw about 55% of the companies advancing on way below average volume due to the short day of trading with 85% of companies trading below average volumes. Friday was a pretty divided day as Health Care and Tech lead the way while Utilities and Energy saw a slight pullback after the big gains this week. SECTORS / CHART /

    Here is the HEAT MAP from Friday as we see that the market was dragged higher by the big tech companies and communication services while the rest of the market was pretty much lagging.

    So for the week, the Nasdaq lead the way up 3% and closed at the 45th record of 2020, the SP followed up 2,3% and closed a 26th record of the year with the DOW also rising 2% in this shortened week. While the VIX closed the week just below 21, at the lowest level since February.

    So great signs for the recovery of the economy still popped up almost every day, as the stock market is more forward looking than it is a reflection of the current economic conditions. As November will likely be the 7th straight month of job gains, though they will be the fewest in number since the recovery of jobs has begun. NOVEMBER JOBS

    Also, Bitcoin has seen its price drop from almost all-time highs at 19,5k down more than 3k before bouncing back to around 17k. The cryptocurrency was due for a correction as it had seen a huge rally in since Labor Day and this correction came as news popped of the Treasury attempting to rush out regulation on crypto-wallets. This would be a big negative factor for people who own Bitcoin not for just it's value but for using it also. But we will have to wait and see as the Treasury boss will be replaced when the Presidency changes. BITCOIN NEWS / BITCOIN CHART

    Some company news from Friday were that PALANTIR saw it's stock plunge from all time high of 33,5$ to 27,6$ after Citron tweeted that they are shorting the stock with a 20$ price target. This are common tactics that short sellers use in my opinion to get the fast results they expected. Citron also got into a short position on NIO recently and that news also made the stock take a plunged but that has since recovered and even made new all time highs since.

    Great news came for sports betting companies like DraftKings and Penn national as Canada seems to be going the same way as the US as legalizing sports betting advances more and more. CANADA NEWS

    Also, Tesla has seen a huge spike in the last weeks since the SP500 news, and the stock might see another spike as Musk TWEETED that the full self-driving feature will be released wider in the next weeks as the company finally approaches the end of software development as they collect more and more data. Tesla has surpassed Berkshire and is now the 6th largest company in the US as the stock is up more than 600% year to date making Elon Musk the second richest person in the world behind only Bezos. The company will go into the SP500 index at about 80% of its total market value cap as the index only counts the free-floating shares. I believe we won't see such a big spike in price when the company will be added to the SP in December, just like it happened with the stock split its more of a buy the news sell the event type of thing. As I expected the stock jumped over the previous all time highs and it might see a little correction when the event actually happens, but in the long run this a company that I will continue to own in my portfolio. TESLA CHART / MUSK WEALTH /

    Next week we will have some interesting earnings reports that I expect to beat the estimates from companies like NEXT WEEK EARNINGS

    AUTOHOME which is a company that has great potential as it trades at a low P/E, they offer leads and services for auto consumers in China and they have a very wide consumer base to spread to.

    With ZOOM also expecting to report on Monday after the close, I recently just sold out of my position in Zoom. I think there is too much positive expectations for the company as it trade at almost 200 times earnings per shares.

    Also, Salesforce are expected to announce earnings on Tuesday, as the company saw it's stock tumble after the news of a possible acquiring of Slack. In the long run that will be a very good play for the company as they have continued to buy more and more companies that allows them to keep growing.

    Other companies that are reporting and are very interesting to watch are CrowdStrike and OKTA also on Tuesday with DocuSign , Dollar General, Marvell and Snowflake reporting on Wednesday.

    Good news came this Saturday for online retailers as sales jumped more than 20% on Black Friday and are expected to grow between 15 and 35% tomorrow as Cyber Monday may set a new record for online sales. RETAIL EXPECTATIONS

    Here are the most important economic data that we are looking for in the next week as it will be a week full of numbers that may impact how the stock market reacts in the near future. Hopefully we will see an improvement in PMI and a decrease in jobless claims and many more improvments. NEXT WEEK ECONOMIC DATA

    Thank you everyone for reading! Hope you enjoyed the content! Be sure to leave a comment down below with your opinion and other thoughts on the stock market!

    Have a great and see you next time!

    submitted by /u/0toHeroInvesting
    [link] [comments]

    What do you guys think of CIEN?

    Posted: 29 Nov 2020 04:45 AM PST

    Company has solid financials, solid growth, it can be considered a play on 5G (someone has to provide infrastructure). Considered market leader in optical connectivity. Holding more cash than debt, trading at a bit above 18 P/E, good margins (10% net, roughly 17% ROE/ROIC).

    Took a big dive since they lowered guidance (due to COVID) but they crushed estimates.

    I mean to me it seems they got punished for being reasonable in their statements? Is there anything else I am missing here?

    submitted by /u/justanaccname
    [link] [comments]

    The ultimatum with meme stocks

    Posted: 29 Nov 2020 07:44 AM PST

    'No longer a stock but a full casino': Palantir will lose one-third of its value by year-end after surging more than 300% since going public, short-seller Citron Research says | Markets Insider (businessinsider.com) I see this kind of boomer opinion a lot. It seems these people completely disregard any stock that goes up fast because they do not understand the innovation aspect and compounding growth these companies can experience due to how disruptive they are. Companies like plntr and tesla are not measured using traditional metrics there used to. So basically boomers disregard massive innovation (in my opinion). Kathie wood speaks about this a lot. That being said its hard to measure how valuable these obviously good companies are as there is a lot of meme pumping going on aswell. Is it possible a company like palantir is undervalued considering the massive application big data will have going forward and how they might incorporate there tech into the iot. Are these traditional companies and investors making a mistake measuring them using traditional metrics or do they have a point. Me personally I dont think palantir is overvalued at all but Id be interested to hear your opinions

    submitted by /u/Artistic-Chemical-74
    [link] [comments]

    Recent news regarding PALANTIR:

    Posted: 29 Nov 2020 01:41 PM PST

    PLTR ADDS $17 billion value in their best week since their IPO.

    The COVID-19 vaccine distribution system is going to be operative on PALANTIR software, on top of this we already know that Palantir is developing software for the US Department of Defence.

    This is a very undervalued stock relative to the benefits they can provide for companies. I think their flourishment in the public sector is yet to come. Especially in this age of big data!

    submitted by /u/actualizingtheself
    [link] [comments]

    What are your stock market plays and predictions for the upcoming January 5th Senate runoff elections in Georgia?

    Posted: 29 Nov 2020 08:58 AM PST

    What are the scenarios that you see unfolding in the weeks and days leading up to and following the runoff elections for the two US Senate seats in Georgia on 1/5/21?

    How will you capitalize on the anticipated volatility?

    submitted by /u/StrongBodyStrongMind
    [link] [comments]

    Short Term Capital Gains

    Posted: 29 Nov 2020 11:27 AM PST

    I have little knowledge about the tax implications involved in trading and would like to get some things cleared up. There are two ways I can see taxes being calculated, and I'd like to know which.

    Option 1. Lets say hypothetically I only made two trades this year. Say both of these are realized, so I'm subject to short term capital gains tax (I didn't hold for more than a year)

    1. I lost 10k on my first trade
    2. I made 7k on my second trade

    So I'm net down 3k. As far as I understand, because I'm net down, I wouldn't have to pay any taxes.

    Option 2. However, I'm unsure if I'm misunderstanding and if the tax rate actually applies per trade. That is:

    1. I lost 10k on the first trade so I don't pay taxes
    2. I made 7k on my second trade so I pay taxes. Say I'm in a 30% bracket, so I pay 2.1k in taxes.

    If this is the case, I'm actually net down 5.1k this year.

    Which method is used to calculate taxes?

    submitted by /u/hrifandi
    [link] [comments]

    How are people who have advisors via Fidelity, Vanguard etc doing? vs people who manage their own portfolios here?

    Posted: 29 Nov 2020 02:02 PM PST

    Because this last year has been absolutely crazy, and some people have seen massive differences in their returns I want to know how people feel about managing their own portfolios vs having their portfolios managed for them by a personal advisor

    I've had OK returns this year...about 13%...I've been questioning moving my money into an account managed by Vanguard and if I did I would qualify for a vanguard personal advisor (over 1 million).

    Is worth it? Did people with managed accounts do well this year vs the average person in this crazy market?

    submitted by /u/nocontroll
    [link] [comments]

    Delisting threat and would it be really so bad for baba in the long term?

    Posted: 29 Nov 2020 08:59 AM PST

    The sec and pcaob are in a long fight to get chinese companies to comply with their rules but the chinese government really doesn't want to , i have no doubt that the companies itself would have no problem to submit but the ccp says nono , this could lead us to a delisting in the next month . Final delisting would come after the companies don't obey after 3 years and not opening their books to us audit companies.

    https://www.morningstar.com/news/dow-jones/202011277858/house-to-vote-on-booting-chinese-stocks-from-us-over-audit-rules-update

    I really curious on what to do because i always thought baba was audited enough , but somewhat their hongkonk auditing still isn't enough to stay listed at nyse .

    On the other side you have tencent they are just listed in hongkong and otherwise they trade as a otc stock and flying high they don't even need the nyse and still doing well . If the delisting would take place what do you think of just keeping my adr's of baba even if they get delisted they will get a short term bump but otherwise i don't see why this adr's should be worthless tencent has the same "problem" and still doing exceptionally well. Am i missing something? Is the tencent otc stock even an adr ?

    Please give me additional information.

    submitted by /u/Quirky-Touch7616
    [link] [comments]

    Can big SP500 index funds like Vanguard and Fidelity buy TSLA before 12/21?

    Posted: 29 Nov 2020 11:16 AM PST

    Can they buy TSLA before 12/21 or it must be on that day and after? If they can't buy until 12/21 then it seems a good strategy for us to buy the stock right before that day as it seems guaranteed those big buyers will buy a lot of the shares and the price will go up. Am I missing something?

    submitted by /u/elser1001
    [link] [comments]

    How do you find stocks with building momentum?

    Posted: 29 Nov 2020 09:22 AM PST

    So often you see on charts where they stay flat and then you see this interesting upslope making new 52 week highs. For example, take Tesla

    Do you know of any other stocks with this building momentum? Thanks!

    submitted by /u/Gay_Black_Atheist
    [link] [comments]

    Whats your thoughts on oil companies?

    Posted: 29 Nov 2020 09:06 AM PST

    Everyone is aware that oil companies have had a difficult year and only recently after the great vaccine news have they recovered somewhat. I believe there is still room for recovery. Maybe I am completely in the wrong.

    • World oil rig count have decreased from around 826 to 492.
    • US oil rig count have decreased from around 688 to 266.

    Obviously the lockdowns have decreased the need for oil immensely. But soon when the world opens up oil demands will increase sharply. But since there is less oil rigs and less oil in the market, it should create a competitive market where oil companies could benefit greatly from. That's my theory at least.

    In the short term (1-2 years) I don't see why you shouldn't invest in oil companies. Am I wrong?

    And in less 2 weeks Pfizer might get the green light in US & EU and I think that might also boost the oil market further. This week should be a good buy opportunity. Curious to hear your thoughts.

    submitted by /u/Sablac
    [link] [comments]

    Is Shopify still a good investment?

    Posted: 29 Nov 2020 01:59 PM PST

    Shopify recently announced that they posted record sales number in their stores during this Black Friday. It seems like they are capturing more and more of the E-commerce market and allowing small businesses to become better. However, the stock is up signiticantly YTD. Is it still a good investment? Any thoughts appreciated. Thank you

    submitted by /u/BenDoverR8Now
    [link] [comments]

    Is it legal for me (15 years old) to control my dad’s stock account?

    Posted: 29 Nov 2020 01:24 PM PST

    I've discussed this with my dad. Since I was 12 ish I've bought stocks through my father, where I gave him money and I pick stocks for him to buy with it. We agreed that it was a good idea to let me control a stock account myself, now that I know more about investing. He has a webull account that he wants to let me use to invest. He transferred the stocks from his account into "my account." I know that you need to be 18 to create an account, but is it okay for me to run one in my dad's name?

    submitted by /u/Shoopyman
    [link] [comments]

    What do people use to get their stock news most efficiently?

    Posted: 28 Nov 2020 07:49 PM PST

    RH and Webull have there news sections on them but id like to be able to get the scoop on stock news quicker than that and was curious what other people use. I just hate waiting till my plays go sideways because of some new news that I didn't hear about before or at the same time as everyone else. Any advice would be greatly appreciated!

    submitted by /u/GalaxxyGuy
    [link] [comments]

    pendulum swinging the other way

    Posted: 29 Nov 2020 11:56 AM PST

    Throughout the pandemic I've frequently felt stupid, like I should have better seen some stuff would jump (Zoom, FB, etc.) and some stuff would tank hard (rental cars, travel, fossil fuels, etc.). If we are in a transition time over the next few months, what stocks do you see frantically swinging the other way?

    submitted by /u/Kileni
    [link] [comments]

    How to invest in foreign currency

    Posted: 29 Nov 2020 11:26 AM PST

    I have some cash (usd) in the bank that im not willing to invest in equities (rainy day fund/savings) but i hate knowing that every day more and more of it gets inflated away. Is there a way i can buy some yen or swiss frans for a long term hold? I have a tda cash account. Im not talking about day trading forex and dont want a margin account. And I see that theres an etf for francs but it has an expense ratio of like 0.4.

    Any options here? Any better ideas to resist inflation? Im not hopping on the gld or slv train either :) thanks!!

    submitted by /u/AverageRedditorNum69
    [link] [comments]

    Is eToro any good?

    Posted: 29 Nov 2020 08:39 AM PST

    Suggestions also welcome! Just thought it's free and simple to set up for my phone. I've been using Nordnet now (I live in the Nordics), but it's way too expensive for US market etc. Thank you all and have a wonderful day!

    submitted by /u/tactiman
    [link] [comments]

    No comments:

    Post a Comment