• Breaking News

    Saturday, November 28, 2020

    Home Unlabelled Stocks - Wall Street Week Ahead for the trading week beginning November 30th, 2020

    Stocks - Wall Street Week Ahead for the trading week beginning November 30th, 2020

    November 28, 2020

    Stocks - Wall Street Week Ahead for the trading week beginning November 30th, 2020

    Wall Street Week Ahead for the trading week beginning November 30th, 2020

    Posted: 28 Nov 2020 07:29 AM PST

    Good Saturday morning to all of you here on r/stocks. 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 30th, 2020.

    Stocks on track to close out month of big gains as jobs data looms - (Source)

    Stocks next week will come off one of their best months ever into a busy week of economic data and the ongoing tensions between the spreading virus and positive news on vaccines and treatments.

    Another highlight of the week is expected to be Tuesday's testimony from Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin before the Senate Banking Committee. They will be discussing the emergency measures taken to help the economy after the outbreak of the pandemic.

    The Dow was up nearly 13% for November so far, and if it holds its gains into Monday's close, it will chalk up its best month since January, 1987. The S&P 500 closed at a record 3,638 and was up 11.3% for the month. The gain is its best performance since April's 12.7%, which was the third best month for the S&P 500 since its origin in 1957.

    November was a big month also for market rotation, with investors favoring stocks that would benefit from a rebounding economy and showing less love for long-held favorites among big tech and internet names. Financials were up more than 17% in the past month, and industrials rose nearly 15%, as investors bet vaccines would help the economy return to normal next year.

    Tech notched a single digit gain for the month so far and lagged the broader market. But some strategists expect big tech and internet names, stay-at-home stocks, to fare better in December.

    "The death of big tech has been announced over and over again, and we see that the market doesn't abandon them, but in fact migrates to big tech whenever there are concerns," said Quincy Krosby, chief market strategist at Prudential Financial. "The post-pandemic question is whether big tech can co-exist with the small and mid-cap." Small caps were one of the biggest winners in November, with the Russell 2000, up 20.6%.

    "We did not see major selling in Nasdaq," as investors put funds in cyclicals and value, she said. Nasdaq was up 11.9% for the month so far, slightly better than the S&P 500.

    Experts have warned that there could an even bigger surge in virus cases, following the Thanksgiving holiday which could start to show up in the coming week. There have been more than 12.6 million cases in the U.S.

    Jobs report

    There are some important economic reports in the week ahead, the most important being Friday's November employment report. There is is also ISM manufacturing data Tuesday.

    "My thought here is the data is going to matter because if you listen to the Fed, and if you read through the Fed's minutes, they're in transition here. They're becoming more concerned about the rise in Covid cases, certainly about the lack of fiscal support," said Gregory Faranello, head of U.S. rates at AmeriVet Securities.

    Strategists say another key report will be weekly jobless claims, which showed an increase in each of the last two weeks. "The employment data clearly has been weakening," said Faranello. If it continues, it will keep a lid on Treasury yields, which move opposite prices.

    Jefferies economist Tom Simons expects the elimination of Census Bureau workers to detract from the job gains in November, and he forecasts the economy added just 340,000 jobs.

    "It is hard to envision a particularly strong report coming out on Friday," noted Simons.

    Bank of America economists forecast just 150,000 payrolls were added for November, compared to 638,000 in October. The private sector is expected to add 300,000, but expected government layoffs impacted total payrolls in their forecast.

    Faranello said he expects the bond market to be much more active than normal this December because of the pending change in the White House, as well as the runoff election in Georgia Jan. 5 that will decide whether Republicans keep their Senate majority. The market has also been concerned about the lack of stimulus from Washington.

    "The theme in the market right now is definitely hope and optimism versus the on the ground dynamic with Covid," said Faranello. "The real question is can the vaccine rally hold up if we see the virus rise and we continue to see shutdowns. How does the market perform in light of that?"

    Krosby said she expects the market to watch for vaccine news. "The question I think is now whether or not we see the emergency authorization given to Pfizer and followed by Moderna," she said. "I think that is a catalyst to the market because that is when you will start to see the vaccine distributed." The Food and Drug Administration's vaccine advisory committee has a meeting set for Dec. 10 to discuss emergency authorization for the Pfizer

    Analysts expect investors to continue to gravitate to value and cyclicals, since they could have the biggest gains compared to already high priced big tech. But tech is still attractive.

    "We still see the Nasdaq leading," said Krosby. "Whereas we enjoyed the vaccine related boom in the market, the fact is that investors and and traders are looking for big tech names to give them that growth in earnings and revenues."

    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!)

    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!)

    December Almanac: Small Caps Have Shined

    December is now the number three S&P 500 and Dow Jones Industrials month since 1950, averaging gains of 1.5% on each index. It's the top Russell 2000 (1979) month and third best for NASDAQ (1971) and Russell 1000 (1979). In 2018, DJIA suffered its worst December performance since 1931 and its fourth worst December going all the way back to 1901. However, the market rarely falls precipitously in December and a repeat of 2018 is not highly likely. When December is down it is usually a turning point in the market—near a top or bottom. If the market has experienced fantastic gains leading up to December, stocks can pullback in the first half of the month.

    In the last seventeen election years, December's ranking changed modestly to #2 DJIA, #5 NASDAQ, but S&P 500 remains #3. Small caps, measured by the Russell 2000, have had a field day in election-year Decembers. Since 1980, the Russell 2000 has lost ground just once in ten election years in December. The average small cap gain in all ten years is a solid 3.0%. The Russell 2000's single loss was in 1980 when the Prime Rate was 21.5%.

    (CLICK HERE FOR THE CHART!)

    Sector Weights Rising and Falling

    For most of the past year, one significant trend on a sector by sector basis has been the outperformance of sectors like Technology and Consumer Discretionary. The relative strength lines of these sectors have consistently shown outperformance versus the rest of the S&P 500 as a whole, but since August, other sectors have begun to take the wheel. As we noted in today's Sector Snapshot, just about every sector has had a banner month in November with some of the biggest month to date rallies of the past 30 years, but some sectors have seen much larger returns than others. One of the best examples of this has been Energy which has risen over 35% in November. Similarly, Financials has risen an astounding 19.5% this month compared to more modest but still significant rallies of around 10% from Tech and Consumer Discretionary. Given those large degrees of outperformance, the relative strength lines of Energy and Financials have taken a sharp turn higher in recent weeks. Similarly, they have seen a turnaround in their weightings in the S&P 500 as shown in the charts below.

    Over the past three months, the Financial sector has gained a full percentage point weighting while the Technology sector has lost 1.36 percentage points with a decline in weighting in three straight months. For Financials, that is the largest gain in weighting in a three month span since January 2017. For Tech, outside of the reshuffling in 2018 that saw a large share of its weight change into Communication Services, the last time the sector lost this much or more in weighting in three months was November of 2008. Prior to this recent string of losing weight over the past three months, Tech had seen weight gain in every month from October of last year through August. Even though the weight loss has been significant, it has only put a dent in the increased share of the entirety of the past year as the sector's weight is only back down to where it was in May.

    Similarly, looking at the other sectors, while Financials have added a full percentage point in share over the past few months, that follows nine months of declines running from last December through August. That brings the sector's weighting back above 10% in the S&P 500, but that is only at the highest level since March. Similarly, Materials and Industrials have also seen their weights rise for three and four months in a row, respectively. As for Energy, the 0.44 percentage point gain in November is set to snap six straight months of declines; the longest such streak since at least 1990. As with Financials, that turn around this month has only put a dent in the longer term trend of weight loss as Energy's weighting is now only back to its highest level since July. Opposite of Energy, Consumer Discretionary is on pace to lose weight for the first time since March.

    (CLICK HERE FOR THE CHART!)

    A Month to Be Thankful For

    Heading into today with just three trading days left in November, the average Russell 1,000 stock was up 17.44% month to date. As shown below, not one of the five largest stocks is up even close to 17% on the month. For a market that had recently been driven higher in large part because of the five mega-cap Tech names, November has seen the mega-caps stall a bit while the rest of the market has seen broad participation. This is the type of breadth that market bulls have been waiting and hoping for.

    Of the 35 largest stocks in the Russell 1,000, Tesla (TSLA) is up the most so far this month with a gain of 43%. The other big winners include Chevron (CVX), JP Morgan (JPM), Bank of America (BAC), Disney (DIS), and Comcast (CMCSA). Not one stock in the top 35 is down on the month, but the ones that are up the least are Netflix (NFLX), Procter & Gamble (PG), Amazon (AMZN), and Home Depot (HD).

    (CLICK HERE FOR THE CHART!)

    Looking at sectors, the average Energy stock in the Russell 1,000 is up 46% month-to-date but still down 27% year-to-date. Three other sectors have seen their stocks average MTD gains of more than 20%: Financials, Industrials, and Real Estate. Stocks in the Health Care and Utilities sectors are up the least on an average basis this month, but even these underperformers are still up more than 5%.

    (CLICK HERE FOR THE CHART!)

    There are 37 stocks in the Russell 1,000 up more than 50% so far in November. Below is a list of this month's biggest winners. Coty (COTY) and Nordstrom (JWN) stand out the most with gains of more than 100%, followed by Spirit AeroSystems (SPR), Occidental Petroleum (OXY), Diamondback Energy (FANG), and Empire State Realty (ESRT). The list of biggest winners this month is full of names that got hit hardest by COVID in areas like energy, travel, retail, and real estate. Notably, while these stocks are up an average of 68.5% in November, they're still down an average of 23% on the year. On a median basis, they're down even more year-to-date at -31.55%.

    (CLICK HERE FOR THE CHART!)

    Biden - Best Since Reagan

    The market started off November on a positive note, and even after the election has continued to add to its gains. Through the close today (11/24), the S&P 500 is up 7.90% since the close on Election Day. Relative to every other Presidential election since the beginning of the S&P back in 1928, the three-week performance of the S&P 500 following this Election Day ranks as the second-best of all time. It came down right to the wire, but the only other US President to see a stronger market reaction to their election (or re-election) was Ronald Reagan in 1980 (7.97%). Behind Reagan and Biden, the only other Presidents where the S&P 500 experienced an upside move of 5%+ in reaction to their elections were Hoover in 1928 and Clinton in 1996.

    On the downside, the most negative reaction of the market in the three weeks after Election Day was the 14.75% decline following President Obama's election in 2008. In addition to Obama, the S&P 500's four other three-week downside moves of more than 5% came after the elections of Truman in 1948, the election of George W Bush in 2000 (although at the time it was unknown who was the winner of that election), the election of Franklin D Roosevelt in 1932, and Dwight D Eisenhower's re-election in 1956.

    In aggregate, the S&P 500 hasn't historically responded all that great in the three weeks after a Presidential election. For every one since 1928, the median return of the S&P 500 in the three weeks after Election Day has been a gain of just 0.35%. Breaking out returns by party, in the three weeks after a Democratic candidate is elected, the S&P 500's median performance is a decline of 1.11% compared to a median gain of 3.04% when a Republican is elected.

    (CLICK HERE FOR THE CHART!)

    DJIA 1,000 Point Thresholds

    What a wild year 2020 has been! With the DJIA closing above 30,000 today, it was the second first-time upside break of a 1,000 point threshold this year. While there have only been two new upside crosses of 1,000 point thresholds, due to the sharp pullback in March from the pandemic that briefly took the DJIA below 19,000 on a closing basis, there have actually been 12 different upside 1,000 point thresholds at some point in the year.

    The table below lists the first time that the DJIA closed above each 1,000 point threshold in its history along with the total number of times the index has crossed that level on a closing basis throughout history. The thousand point level that has seen the most crosses on a closing basis was 11,000 (87 crosses) while 10,000 ranks second at 67.

    Obviously, the higher the DJIA goes, the less impactful a move of 1,000 points becomes. At current levels, 1,000 points represents just 3.3%, which is really nothing more than a very bad day in the market. Given the diminishing impact of 1,000 points in the DJIA these days, their significance declines. Even still, the twelve new 1,000-point crosses since the 2016 election has given the President (who has publicly discussed the stock market more than any other President in history) plenty of ammunition to tweet about.

    (CLICK HERE FOR THE CHART!)

    30,000 Reasons To Be Thankful

    As 2020 winds down, it has been an extremely tough year on all of us. Still, there are many reasons to be thankful and today we will share some reasons investors should be thankful.

    Stocks have had one of the largest reversals ever in 2020, something to be thankful for. In fact, this could be the first year ever to see the S&P 500 down more than 30% peak-to-trough and finish higher.

    (CLICK HERE FOR THE CHART!)

    We should also be thankful that Congress was split in 2020, likely marking the 11th consecutive year the S&P 500 gained under a split Congress. Gridlock is good they tell us and that very well could be true yet again.

    Want something else to be thankful for? We likely will have a split Congress for another two years after the two Georgia runoffs are official.

    (CLICK HERE FOR THE CHART!)

    Let's be thankful that it is looking like stocks once again will be higher the year a President is up for re-election. In fact, you have to go back to FDR in the '40s the last time the S&P 500 was lower for the year when a President was up for re-election.

    (CLICK HERE FOR THE CHART!)

    Let's be thankful that the fastest bear market in history (only 16 days) is officially a thing of the past.

    (CLICK HERE FOR THE CHART!)

    We are thankful that we are in a new bull market, which if history plays out once again, could have a lot of life left to it. In fact, the average bull market has lasted more than five years.

    (CLICK HERE FOR THE CHART!)

    "Let's be thankful that the huge move off the March lows was a major clue of more strength," explained LPL Financial Chief Market Strategist Ryan Detrick. "We noted at the time (many different ways) that the enormous move we saw off the March lows likely suggested significantly higher prices, while many ignored the market signals and instead looked for a re-test for months on end."

    The 20-days off the March lows was the second best 20-day rally ever and sure enough, the returns have been very strong.

    (CLICK HERE FOR THE CHART!)

    We are finally seeing many stocks participate in this bull market, another reason to be thankful. In fact, the Value Line Arithmetic Index recently made new all-time highs. This index is a great look at what the 'average' stock is doing and is a sign that this move isn't being led by just a few large cap tech stocks.

    (CLICK HERE FOR THE CHART!)

    Let's be thankful that the NYSE Cumulative Advance/Decline line is at new highs. This looks at how many stocks are going up versus down and new highs are a sign of very healthy participation.

    (CLICK HERE FOR THE CHART!)

    Emerging markets have started to turn higher and we are thankful that this group could be on the verge of a major breakout to new highs, clearing their peak from 2007. As we move into '21, this is one group we think could continue to do quite well for investors.

    (CLICK HERE FOR THE CHART!)

    Global investors should be thankful, as the MSCI Global Index broke out to new highs as well, suggesting this rally isn't only about the US anymore.

    (CLICK HERE FOR THE CHART!)

    We upgraded our view on small caps in September and the Russell 2000 Index is currently on pace to have its best monthly return ever. Investors should be thankful that this group is finally participating, as there are many more small caps than large caps, another sign of improving breadth, while small caps are also more domestic by nature and could be suggesting a strong US economy next year.

    (CLICK HERE FOR THE CHART!)

    Investors should be thankful for the incredible strength around the election, as the S&P 500 gained more than 1% four consecutive days. This is extremely rare, yet, extremely bullish going out a year.

    (CLICK HERE FOR THE CHART!)

    As we showed in Frothy Sentiment Rides Bullish Technicals, the huge number of stocks in the S&P 500 making new monthly highs should make bulls quite thankful.

    (CLICK HERE FOR THE CHART!)

    Earnings are expected to see a major bounce back, as the global economy gets back online next year, making many investors quite thankful.

    (CLICK HERE FOR THE CHART!)

    Economic forecasts may not develop as predicted.

    As shown in the LPL Chart of the Day, the final reason to be thankful? Dow at 30,000!

    (CLICK HERE FOR THE CHART!)
    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (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 11.30.20 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 11.30.20 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK!)

    Tuesday 12.1.20 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 12.1.20 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 12.2.20 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 12.2.20 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 12.3.20 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 12.3.20 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Friday 12.4.20 Before Market Open:

    ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Friday 12.4.20 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Zoom Video Communications, Inc. $471.61

    Zoom Video Communications, Inc. (ZM) is confirmed to report earnings at approximately 4:05 PM ET on Monday, November 30, 2020. The consensus earnings estimate is $0.75 per share on revenue of $694.51 million and the Earnings Whisper ® number is $0.99 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of $0.73 to $0.74 per share on revenue of $685.00 million to $690.00 million. Consensus estimates are for year-over-year earnings growth of 971.43% with revenue increasing by 316.89%. The stock has drifted higher by 7.3% from its open following the earnings release to be 72.1% above its 200 day moving average of $274.11. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, November 18, 2020 there was some notable buying of 4,957 contracts of the $500.00 call expiring on Friday, December 4, 2020. Option traders are pricing in a 15.3% move on earnings and the stock has averaged a 15.3% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Salesforce $247.63

    Salesforce (CRM) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, December 1, 2020. The consensus earnings estimate is $0.75 per share on revenue of $5.25 billion and the Earnings Whisper ® number is $0.83 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of $0.73 to $0.74 per share. Consensus estimates are for year-over-year earnings growth of 25.00% with revenue increasing by 16.33%. Short interest has increased by 47.7% since the company's last earnings release while the stock has drifted lower by 1.7% from its open following the earnings release to be 23.9% above its 200 day moving average of $199.80. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, November 18, 2020 there was some notable buying of 8,759 contracts of the $260.00 call and 8,560 contracts of the $260.00 put expiring on Friday, December 18, 2020. Option traders are pricing in a 8.1% move on earnings and the stock has averaged a 6.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    At Home Group Inc. $19.14

    At Home Group Inc. (HOME) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, December 1, 2020. The consensus earnings estimate is $0.63 per share on revenue of $470.00 million and the Earnings Whisper ® number is $0.67 per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estiamtes are for year-over-year revenue growth of 47.46%. Short interest has increased by 9.6% since the company's last earnings release while the stock has drifted higher by 4.8% from its open following the earnings release to be 93.5% above its 200 day moving average of $9.89. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, November 24, 2020 there was some notable buying of 522 contracts of the $18.00 call expiring on Friday, December 18, 2020. Option traders are pricing in a 13.7% move on earnings and the stock has averaged a 26.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    CrowdStrike, Inc. $150.83

    CrowdStrike, Inc. (CRWD) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, December 2, 2020. The consensus earnings estimate is $0.01 per share on revenue of $213.70 million and the Earnings Whisper ® number is $0.04 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for revenue of $211.00 million to $215.00 million. Consensus estimates are for year-over-year earnings growth of 111.11% with revenue increasing by 70.80%. Short interest has increased by 43.9% since the company's last earnings release while the stock has drifted higher by 15.1% from its open following the earnings release to be 51.8% above its 200 day moving average of $99.38. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, November 12, 2020 there was some notable buying of 3,249 contracts of the $115.00 put expiring on Friday, June 18, 2021. Option traders are pricing in a 11.3% move on earnings and the stock has averaged a 10.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    DocuSign $226.87

    DocuSign (DOCU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, December 3, 2020. The consensus earnings estimate is $0.14 per share on revenue of $360.38 million and the Earnings Whisper ® number is $0.19 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat The company's guidance was for revenue of $358.00 million to $362.00 million. Consensus estimates are for year-over-year earnings growth of 7.69% with revenue increasing by 44.44%. The stock has drifted lower by 3.0% from its open following the earnings release to be 38.6% above its 200 day moving average of $163.71. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, November 13, 2020 there was some notable buying of 6,534 contracts of the $180.00 call expiring on Friday, March 19, 2021. Option traders are pricing in a 10.6% move on earnings and the stock has averaged a 11.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Dollar General Corporation $218.01

    Dollar General Corporation (DG) is confirmed to report earnings at approximately 6:55 AM ET on Thursday, December 3, 2020. The consensus earnings estimate is $1.97 per share on revenue of $8.00 billion and the Earnings Whisper ® number is $2.30 per share. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 38.73% with revenue increasing by 14.43%. Short interest has increased by 8.9% since the company's last earnings release while the stock has drifted higher by 5.8% from its open following the earnings release to be 16.1% above its 200 day moving average of $187.80. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, November 19, 2020 there was some notable buying of 893 contracts of the $220.00 call expiring on Friday, December 4, 2020. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 5.3% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Momo Inc. $15.12

    Momo Inc. (MOMO) is confirmed to report earnings at approximately 4:15 AM ET on Tuesday, December 1, 2020. The consensus earnings estimate is $0.38 per share on revenue of $542.76 million and the Earnings Whisper ® number is $0.42 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat The company's guidance was for revenue of $542.00 million to $557.00 million. Consensus estimates are for earnings to decline year-over-year by 43.28% with revenue decreasing by 12.85%. Short interest has decreased by 25.5% since the company's last earnings release while the stock has drifted lower by 16.7% from its open following the earnings release to be 22.7% below its 200 day moving average of $19.56. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, November 13, 2020 there was some notable buying of 4,128 contracts of the $19.00 call expiring on Friday, December 4, 2020. Option traders are pricing in a 12.4% move on earnings and the stock has averaged a 6.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Marvell Technology Group Ltd. $45.11

    Marvell Technology Group Ltd. (MRVL) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, December 3, 2020. The consensus earnings estimate is $0.25 per share on revenue of $750.38 million and the Earnings Whisper ® number is $0.27 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat The company's guidance was for earnings of $0.22 to $0.28 per share on revenue of $712.00 million to $788.00 million. Consensus estimates are for year-over-year earnings growth of 47.06% with revenue increasing by 13.27%. Short interest has increased by 69.3% since the company's last earnings release while the stock has drifted higher by 22.7% from its open following the earnings release to be 36.9% above its 200 day moving average of $32.94. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, November 24, 2020 there was some notable buying of 13,018 contracts of the $50.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 7.2% move on earnings and the stock has averaged a 5.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Autohome Inc. $105.89

    Autohome Inc. (ATHM) is confirmed to report earnings at approximately 5:30 AM ET on Monday, November 30, 2020. The consensus earnings estimate is $1.08 per share on revenue of $326.75 million and the Earnings Whisper ® number is $1.10 per share. Investor sentiment going into the company's earnings release has 39% expecting an earnings beat The company's guidance was for revenue of $317.00 million to $323.00 million. Consensus estimates are for year-over-year earnings growth of 31.71% with revenue increasing by 7.62%. Short interest has decreased by 12.8% since the company's last earnings release while the stock has drifted higher by 20.5% from its open following the earnings release to be 25.3% above its 200 day moving average of $84.51. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, November 17, 2020 there was some notable buying of 1,382 contracts of the $90.00 put expiring on Friday, December 18, 2020. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 5.4% move in recent quarters.

    (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/stocks.

    submitted by /u/bigbear0083
    [link] [comments]

    Palantir explained

    Posted: 28 Nov 2020 01:52 AM PST

    The recent days PLTR was and is probably the most anticipated but controversial Stock in a lot of financial subs here.

    But what are they actually doing? Here's a recent Blog from them, about them:

    Palantir is not a data company

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

    Preparing for Tesla's inclusion into the S&P 500

    Posted: 28 Nov 2020 01:25 PM PST

    Tesla is slated to be added to the S&P 500 on December 21st.

    At the moment, Tesla would be 6th largest company by market cap in the index.

    • Passive funds with $4.59tn in assets, such as those run by Vanguard and Fidelity, track the S&P 500.
    • Tesla's inclusion on the index would create some $51bn of demand for shares from these investment vehicles.
    • Another $6.7tn in actively managed funds use the S&P 500 as their benchmark.

    Does this surge in fresh money push Tesla into the $800 billion market cap range surpassing Facebook?

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

    House of Representatives to Vote on Delisting Chinese Stocks Over Audit Concerns

    Posted: 28 Nov 2020 03:59 AM PST

    https://www.wsj.com/articles/house-to-vote-on-booting-chinese-stocks-from-u-s-over-audit-rules-11606518590

    ​

    From the article:

    "WASHINGTON—Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules—or leave U.S. markets altogether.

    ​

    House leaders plan to consider a measure on Wednesday that would force Chinese firms such as Alibaba Group Holding Ltd. either to make the transition to getting an annual audit that is reviewed by U.S. regulators, or remove the shares from trading in the U.S. The House plans to vote under rules that limit debate and require a two-thirds..."

    ​

    I know for a fact that a significant portion of the people on this subreddit are invested in Chinese companies such as NIO who are audited by PWC Zhong Tian (China).

    ​

    How is this not bigger news? Am I just overreacting to this?

    ​

    Source for NIO audit: https://pcaobus.org/oversight/international/denied-access-to-inspections

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

    Additional DD on Tattooed Chef

    Posted: 28 Nov 2020 05:32 AM PST

    So, I know you probably saw the title and thought "okay, not this again" or "oh great, another pump post." This is not intended to do such. Full disclosure - I am long TTCF with commons and warrants. I just want to present some information here that many may not know about the company. Had the privilege to view a recent webinar with the company. The webinar is property of the presentor, so you won't able to find it available publicly.

    Sam Galletti, CEO of the Tattooed Chef, has 35 years of experience in the food industry. He had a hand in the rise of the Pop Chips brand and eventually sold that business. The company that is now Tattooed Chef, Inc. began as a vegetable importer. They began producing private label items and had great success in doing so. The company maintains a private label producer for Trader Joe's and Aldi. Many folks are eating Tattooed Chef products and don't know it: cauliflower crust pizza, riced cauliflower, açai bowls to name a few. The company is now the largest producer of riced cauliflower in all of Europe. But I digress.

    Recent critics of the company (and stock) have pointed to low gross margins and a lack of marketing/advertising. Private label items have lower margins, while branded sales bring higher profit margins. The Tattooed Chef brand, created by CEO's daughter Sarah Galletti, was launched in 2017. Aside from a one-time $1.5M CostCo promotion in the summer, they have spent nothing on marketing. All marketing efforts have been grassroots. The company is still projecting to be on track to acheive record $149M revenue for 2020, with a $17.2M EBIDTA.

    Onto the advertising, or currently lack thereof. A 15% off any bundle Black Friday promotion e-mail was blasted to existing Tattooed Chef customers. Not quite mass marketing. However, the company has partnered with the NitroC Group for a marketing "blitsz" that's set to commence in January 2021. According to the CEO, this campaign will penetrate digital/radio and include some television presence. Two billion 6-second impressions will be blasted throughout the first eight months of 2021. As Mr. Gallettii put it, "people will know the Tattooed Chef name."

    The introduction of the Tattooed Chef name will be strategically kicked off ahead of the company's expansion to traditional grocery retailers. The company's plant-based offerings have been thoroughly vetted via the club channels: Sam's Club and CostCo. To sell in club, a company needs to move 40-50 units per week. Tattooed Chef has been able to meet this standard set by club retailers. It was recently announced that the company has SKU's available in 50% of US Walmart. In June of 2020, they only had a 7% presence. Target has added two SKU's from Tattooed Chef, the smoothie bowls, to roughly 25% of their stores. Mr. Galletti has stated sales at Target are doing "super good" and the company is offering additional products to the retail giant.

    The expansion to traditional grocery retailers will be done via a partnership with distributor KeHE, whose network includes 30,000 retailers and is contracted with Sprouts Farmers Markets and Albertsons.

    Let's not forget the products. The company has developed its own plant-based pepperoni and is currently working on products that don't exist in the current market. No more was said of what that may be. However, Galletti has stated plans for ambient products -- shelf-stable snacks, bars, etc. They are expected sometime in 2021. I won't delve into the current offerings, as information and further details about those are already widely available.

    To me, it appears there is much room for growth here. I continue to add to my position. I realize the bearish short-term downtrend. But, like I said, I just wanted to share this information.

    TLDR - Company's gross margins expected to increase as branded sales go up with increase in distribution channels. Brand has not been blasted via mass marketing yet. It will be more than just frozen food. Think Amy's Organic.

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

    Amazon Could Grab 42% Of U.S. Holiday E-Commerce Spending

    Posted: 28 Nov 2020 12:16 PM PST

    Amazon.com (AMZN) could claim 42 cents of every $1 spent on e-commerce in the U.S. this holiday season, a Wall Street analyst estimates. Its sales are likely to get a boost from a resurgence in Covid-19 infections, which is causing many people to avoid brick-and-mortar stores. Amazon stock rose on Black Friday.

    Truist Securities analyst Youssef Squali estimates that Amazon will grab 42% in U.S. e-commerce spending this holiday season. That share, measured in gross merchandise value, is up from 36% last year.

    "We're incrementally positive on AMZN going into what should be a blockbuster holiday season, given the company's outsized growth within U.S. e-commerce," Squali said in a note to clients Wednesday.

    He reiterated his buy rating on Amazon stock with a price target of 3,650. On the stock market today, Amazon stock rose 0.3% to 3,195.34.

    Amazon Seen Outpacing Total E-Commerce Growth

    Squali believes Amazon will grow its e-commerce sales in North America by 42% year over year in the fourth quarter.

    Meanwhile, Adobe (ADBE) projects that total U.S. online holiday-season spending in November and December will reach $189 billion this year, up 33%. That would be a material acceleration from the same period last year, when sales grew 13.1%.

    The Covid-19 pandemic is behind much of the growth, Squali said.

    The health crisis "has forced consumers online and away from brick-and-mortar stores, where high density of traffic fuels the transfer of the virus," he said. "In fact, if the current spike in Covid-19 cases continues, and store capacity is further restricted, we believe it would force even more people to order online."

    Amazon Stock 'Best Way To Play' E-Commerce Trends

    Amazon also is benefiting from near-record retail store closings this year, Squali said. Year to date, there have been 8,325 announced store closures in the U.S. In 2019, the industry saw a record 9,300 store closures, he said.

    Amazon stock is the "best way to play" online holiday shopping trends, he said.

    Meanwhile, Amazon warehouse workers and activist groups staged protests and strikes against the e-commerce giant in countries worldwide on Black Friday. They were protesting the company's handling of everything from sick pay and Covid-19 precautions to user privacy and environmental concerns. The protests were coordinated under the Make Amazon Pay campaign.

    Source

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

    Walmart (NYSE: WMT) - A stock quick review/guide - 2nd Place Winner in the Poll

    Posted: 28 Nov 2020 10:42 AM PST

    Introduction:

    Good morning/evening everyone. The poll closed out (on r/dividends) with Walmart placing 2nd and Honeywell placing last, so these two will get stock reviews, starting today with Wal-Mart.

    Walmart | Save Money - Live Better:

    Sector: Consumer Defensive

    Walmart is America's largest retailer by sales, selling a variety of general merchandise and grocery items. It operates 11,300 stores in the US, which account for approx 76% of sales in fiscal 2019, with Mexico and Central America ~6%, the UK ~6%, and Canada ~4% beings its largest external markets.

    The company operates several e-commerce properties apart from its site, including Flipkart, Jet.com, and shoes.com (it also owns a roughly 10% stake in Chinese online retailer JD.com). As of 2019, e-commerce accounted for only ~5% of fiscal 2019 sales. However the e-sales growth during the pandemic has greatly increased this.

    Walmart has been smart with its acquisitions and partnerships. Walmart has partnerships with Instacard, ThredUp, Shopify, and even Google. The Instacart partnership, together accounts for nearly half of all online grocery sales. The partnership with Thredup allows Walmart to sell cheaper clothes on its online marketplace, and Shopify allows 3rd party sellers to sell their goods on Walmart's marketplace as well. Lastly, the Google partnership provides customers voice-enabled grocery shopping and likely much more in the future. Walmart's partnerships and acquisitions are taken to further complete with and provide a market alternative to Amazon.

    If you want to see more of their partnership/acquisitions please look here on page 2.

    Strengths:

    - Walmart is the largest retailer in the world providing it unequaled power to leverage their vendor's, suppliers, and manufacturers, keeping prices low with national and private brands.

    - Walmart's cost advantage provides significant barrier to entry and is consistently used to disrupt their competitors.

    - The company is aggressively investing in its e-commerce segment and focused on strategic acquisitions to complete with Amazon. (Mentioned in the last paragraph above)

    - The partnership with Google is has the potential to be particularly strong due to Walmart lacking strong tech exposure.

    - Walmart PLUS memberships, 2 hour delivery, and expansion into drone delivery services.

    Risks:

    - Walmart employs millions people and is facing intense pressure to raise wages. This will have an effect on their profit margins.

    - Amazon. Amazon is much much more than just e-commerce.

    - Walmart's profit margins aren't as wide as they could be due to keeping prices lower, this does bring them more sales revenue, but they have to be very wary of any competitors lowering their prices further to undermine Walmart's position and margins.

    Amazon's threat to many of the traditional brick and mortar industries cannot be understated. Amazon's model is nearly the example of a monopsony, the opposite of a monopoly. They aren't interested in dominating one sector, but ingraining themselves into literally everything. This is why Amazon's model is so disruptive.

    In addition to this, Amazon is often the company that raises the conversation of wage increases to undermine it's competitors. The wage increase to 15$ was much more than them "listening to their critics", it was a move to further pressure any of their competitors whose margins cannot effectively absorb this cost burden. This tactic, along with Walmarts cheap pricing tactics, is what allows Amazon to nab up companies very cheap. (See the whole diapers deal).

    Financial History:

    For Walmart we will be looking at the 5 year financials rather than the 10 year due to their push more recently to get into the ecommerce markets.

    Year Revenue EBITDA Debt Debt / Earning
    2016 $478,615 $33,559 $49,994 ~1.5
    2017 $481,371 $32,884 $45,930 ~1.4
    2018 $495,761 $30,966 $46,470 ~1.5
    2019 $514,405 $32,635 $58,033 ~1.8
    2020 $523,964 $31,555 $72,400 ~2.3

    The revenue is honestly just insane and shows how large Walmart is, plus it is something like 80-90% of the US population lives within 15 miles of a Walmart or something? Anyways, $478 Billion to $523 Billion, about an average increase of 2.2% YoY. Not bad, they are continuing to grow, but just ahead of currently inflation rates. When we look at EBITDA though, their margins are shrinking/lumpy. This, based on the company movement, and from what they say in their 10K, this decrease is largely attributed to them moving into e-commerce. These numbers may be significantly different next year since their ecommerce has been growing pretty significantly during the pandemic, they are estimated at 97% annual growth there. However note that ecommerce, despite this increase is still a very small piece of the company right now, it is going to take awhile for it to have a more significant impact, but the growth is absolutely there.

    The debt is increasing due to acquisitions as well as investment into the ecommerce segment as well. The 2.3x debt/earnings is a bit higher than their historic levels, but again, they are investing right now, and it is still lower than a 3x where it starts to be a bit more concerning.

    Year Cash Flow from Operations Capital Expenditures FCF/E Ratio
    2018 $28,337 $10,051 $16,840
    2019 $27,753 $10,344 $29,444
    2020 $25,255 $10,705 $13,479

    Cash flow from operations is definitely in line with the decreasing EBITDA so that makes sense. Their CAPEX been consistent the last few years, nothing to really note there since the e-market stuff has already been mentioned. Now for the Free Cash Flow, in 2019 there is a significant jump, this is because in 2019 they took on ~$12 Billion in debt load, this was added to the FCF/E for whatever reason, we can subtract it and say that is was more likely ~$15/16/17 Billion, which is in line with the decline. In 2018 and 2020 they were making debt payments, appears to be about 1.5 Billion for each of those years, hence the lower FCF/E there.

    Over the years, in addition to the dividend, they do appear to be using some of their capital to buy back shares, those have decreased from approx 3,200 - 2,850 outstanding over the last 5 years or so. Some would say this is the better way to give back to the shareholders rather than dividends, but others say that it is a way for companies to create synthetic earnings. Take what you will from that. Typically healthy (large) companies will do both dividends and share buybacks, so take what you will from that.

    Let's Take a Look at the Dividend and Price/Value, and Growth:

    Walmart (WMT) is a Dividend Aristocrat that has paid and increased its dividend for 46 consecutive years.

    NOTE: Current for November 2020 and very likely to change.

    Stock Price $151.60
    P/E Ratio 21.89
    Current Annual Payout / Share $2.16
    Yield 1.42% (Based on $151.60 Price Nov 2020)
    10 Yr Div Growth Rate 7.2%
    3 Yr Div Growth Rate 2%
    1 Yr Div Growth Rate 1.9%
    Current EPS Payout Ratio 34.45%

    Strictly from a Dividend Growth perspective, the payout is a bit low and the dividend growth has sharply decreased as the company continues to focus on e-market expansion. In addition to this, the yield on cost is of lower value right now, had the stock been purchased earlier when it's price was closer to 100$, it would have been an excellent buy, at the current price and yield though, there are better prospects.

    From a value perspective... well Walmart over the years has traded closer to an 8x multiple, it is currently over 20x. Based on this alone it would be considered overvalued based on its financials, however one also needs to consider that higher multiples are typically paid for companies with stronger growth prospects...which leads us to growth.

    From a growth perspective, Walmart is a market titan, the growth will be gradual over longer periods of time, but there are many factors that need to be considered from this perspective (as well as the others):

    - Will their e-market investments pay off or will they lose market share due to more competitors in the business and pressure from Amazon?

    - Will the decline of brick and mortar stores offset the earnings from the e-market?

    - How much could they expand their margins by automating warehouses amoung other segments?

    - Do their traditional brick and mortar stores provide Walmart a significant distribution advantage over Amazon? (80-90% of Americans within 15 miles of a Walmart mentioned above)

    - How will Wamart continue to nurture their relationships with Google and Microsoft and will it continue to make smart and strategic acquisitions?

    - How will future government policies and labor unions affect both Amazon and Walmart?

    There are so many different unknowns that need to be considered.

    Closing Thoughts:

    Walmart is an absolute titan of a company that is transitioning to have a significant e-market presence. Compared to Amazon, Walmart is currently the underdog that still needs to be very cognizant of it's other competitors, like Target. However, their recent partnerships and acquisitions have enabled the company to expand significantly online during the pandemic, and unlike Amazon, they have a wider physicals presence, stores that can act as distribution centers amoung other things.

    Ultimately, Amazon is very likely to continue to dominate, however, Walmart does have the potential to start edging their way into the different market segments and start taking pieces of the pie for itself. Amazon is certainly aware of this, hence the reason it pushes timely wage-increases and other policies to undermine its competitors. Government policy is a significant factor to both due to their sheer size and presence.

    At the end of it all, you need to ask yourself, do you think Walmart can continue compete, and continue to work its current business model? Or perhaps you'd take more the side of why not both?

    I hope everyone found this post interesting, please supplement this with your own research. There are always more risks that need to be considered, read opposing views, read up on Target and Amazon. Don't just read whatever will validate a preformed opinion.

    As always, thanks for reading, and have a good day/night!

    submitted by /u/036Gooddaysir036
    [link] [comments]

    Best process to minimize capital gains taxes?

    Posted: 28 Nov 2020 12:08 PM PST

    First year for me of buying shares in stock and selling in the first year to take profits. Is there a good rule of thumb for how to minimize taxes/ anything you shouldn't do? (Take the profits from a sold stock and re-invest those winnings etc?) or will everything be taxed as to what I should expect for state + federal level? Thank you!

    submitted by /u/wdm2721
    [link] [comments]

    Top Investment Advisors never recommend the same stock

    Posted: 28 Nov 2020 05:34 AM PST

    Have you ever noticed that?

    After reading through dozens of lists recommending different stocks, made by some of the most recognisable names in the field, I've never seen two list the same stock. Which, I think, is strange isn't it? If those top advisors are going by the numbers, or assessing the future performance of different stocks properly, then shouldn't at least a few of those advisors come to a similar conclusion with their results?

    Shouldn't at least five advisors from, let's say, one hundred suggest RollsRoyce or Microsoft for a great growth stock (Examples of course).

    I was thinking about that because, hypothetically, if more than two Advisors recommended the same stock between the three of them, (taking into account each advisor might use separate means of reaching their answer) then shouldn't that be a bonafide investment strategy for anyone to follow? If three or five or ten "share market geniuses" come to the same answer, then surely that's the closest anyone's gonna get to guaranteed money?

    submitted by /u/gNomad88
    [link] [comments]

    XPEV - First cars delivered to Norwegian customers 14th December. Sales ahead of NIO in China.

    Posted: 28 Nov 2020 01:49 PM PST

    Disclaimer: I own shares in XPEV.

    First batch of 100 cars to be delivered to Norwegian Customers starting 14th December.

    Second batch to be en route in January.

    Still long on XPEV, that said - crazy rallies going on 🚀

    Source: (Use Google Translate on it, Swedish to English). https://www.redeye.se/arena/posts/xpeng-det-kinesiska-tesla

    • Norwegian Xpeng Customer Group
    submitted by /u/israrkhan
    [link] [comments]

    Why SPCE just popped and likely will continue! Virgin Galactic

    Posted: 28 Nov 2020 01:29 PM PST

    https://www.fool.com/investing/2020/11/27/why-virgin-galactic-stock-jumped-before-next-week/

    Everyone expects delays with Virgin Galactic but this delay was different. This time is was caused by the recent New Mexico health directive to restrict and slow the spread of the coronavirus.

    They actively posted updates right up until the New Mexico government issued the lockdown, so unless the company outright lied to everyone (unlikely as it's a public company and management is pretty solid). They were going to fly on the original flight window of November 19-23.

    Now that the COVID19 restrictions in New Mexico are about to be lifted on Monday and the company has recently given us updates that they are ready to start preparing for the new flight window, it seems that we will get a flight window announcement in the coming days. In addition the flight window will likely be in December .

    This test flight will allow them to get a key FAA licence to start commercial operations with Richard Branson being the first one, followed by many Hollywood actors. With Micheal Coliglazer as CEO who was former president of Disney parks international, he plans to scale the business with a fleet of spaceships (currently in development) operating out of multiple spaceports (likely in UAE, Italy and Sweden) on top of the currently space port in Mew Mexico. Each spaceport generating 1 billion in revenue.

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

    Setting up stop limit to activate if stock abruptly drops in Merrill edge

    Posted: 28 Nov 2020 08:04 AM PST

    I am using merill edge.

    Suppose I am investing in stock x and it is $100. It rises 5%, 10%, 4%, and 11% in next four days and becomes $130. On day 5, it rises 10% (now $143) and then abruptly drops due to bad news. How do I set up so that it well sell at 5% drop from whatever price is highest price?

    I think either trailing stop quote % which has stop trail %

    or trailing stop quote limit which has stop trail % and limit trail %

    Not show what is difference between the two.

    ypes of Stocks/ETFs orders include:

    Market Order – An immediate order to be executed at the prevailing market price.

    Limit Order – A conditional order to buy or sell, but only at a certain price, in an attempt to protect a potential profit or minimize a loss. Buy limit orders are entered with instructions to place the trade at or below a certain price. Likewise, sell limit orders contain instructions to execute the trade at or above a specific price.

    Stop Quote Order –Investors generally use a stop quote order to either limit a loss or protect a gain on a security. A sell stop quote order is placed at a stop price below the current market price and will trigger if the national best bid quote is at or lower than the specified stop price. A buy stop quote order is placed at a stop price above the current market price and will trigger if the national best offer quote is at or higher than the specified stop price. Once triggered, a stop quote order becomes a market order (buy or sell, as applicable), and execution prices can deviate significantly from the specified stop price.

    Stop Quote Limit Order – Investors generally use a stop quote limit order to either limit a loss or protect a gain on a security. A stop quote limit order combines the features of a stop quote order and a limit order. A sell stop quote limit order is placed at a stop price below the current market price and will trigger if the national best bid quote is at or lower than the specified stop price. A buy stop quote limit order is placed at a stop price above the current market price and will trigger if the national best offer quote is at or higher than the specified stop price. Once triggered, a stop quote limit order becomes a limit order (buy or sell, as applicable) at a specified limit price, and execution may not occur as the market price can move away from the specified limit price. Go to help layer and viewMoredetails about stop quote limit orders

    Trailing Stop Quote Order – A trailing stop quote order is similar to a traditional stop quote order; however, the stop price will adjust with changes to the national best bid or offer for the security. The trail value can be a fixed dollar amount or a percentage. If the calculated stop price is reached, the order will activate and become a market order. Go to help layer and viewMoredetails about trailing stop quote orders

    Trailing Stop Quote Limit Order – A trailing stop quote limit order is similar to a traditional stop quote limit order; however, the stop and limit prices will adjust with changes to the national best bid or offer for the security. The trail values can be fixed dollar amounts or percentages. If the calculated stop price is reached, the order will activate and become a limit order using the calculated limit price

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

    Max out retirement/tax-advantaged accounts before personal?

    Posted: 28 Nov 2020 11:54 AM PST

    I'm still fairly new to investing and I would like to get a better understanding on the best practice for investing in stocks.

    I understand there are all these tax-advantaged accounts (401K/IRAs/HSA...).

    401K = $19,500

    Roth IRA = $6,000

    HSA = $3,550

    ~ Total Yearly Retirement = $29,050

    When people are investing in stocks, are they maxing out their retirement and tax-advantaged accounts before investing in their taxed/own personal brokerage account? I understand the importance of retirement funds, but I would like an account where I can use the money for like a home down payment or even a car (short term) I can do so without losing everything to tax.

    Is there a best practice?

    submitted by /u/readreceiptson24
    [link] [comments]

    inflation and Japan

    Posted: 28 Nov 2020 02:04 PM PST

    There is no inflation coming. The Fed desperately wants you to believe inflation is coming, so you act like it is, so it actually comes. But if we look at Japan, unlimited QE and NIRP has failed to produce even 1% inflation consistently.

    Why has QE and NIRP has failed to produce even 1% inflation consistently?

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

    US oil rig count is rising

    Posted: 28 Nov 2020 09:30 AM PST

    It's time to revisit oil and gas stocks. Little is said in the news that the US oil rig count is rising. Oil prices are on an uptrend. There's more but I want to keep this post brief. My picks in this space are RES and THR, which could be 2X or higher sometime in 2021.

    submitted by /u/caem123
    [link] [comments]

    What really happened March 18th, massive profit shift or just normal panic selling for world leading management companies?

    Posted: 28 Nov 2020 06:50 AM PST

    Seems like this year people with massive amounts of cash and were tuned into the market could have and maybe did double or triple their last 10 years of earnings, playing with house money.

    Uber is now 40eurs, on the 18th it was 17eur. A 800 million US dollar Gov contract in in the final stages of being complete.

    But overall the bounce back happened fast for that majority of stocks.

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

    Best way to take notes for DD?

    Posted: 28 Nov 2020 12:21 PM PST

    I'm a note taker, but I'm wondering how everyone does long-term DD. It's overwhelming and I easily forget everything after reading so much info. I tried making a Word document to jot down some stuff but it's wildly unorganized. I've also got Notion as that's quicker for snipping online notes. What do most people do in this instance?

    My idea/goal was to have a Word/Excel file for each company I either invest in or plan to, and update it with any new information that's dated but I honestly have no method of structuring this.

    I've searched around and haven't found any solid ideas on DD for a large number of companies. There's a million guides on what to look for while conducting DD, but none or very few discuss how to organize it in an easily palatable manner.

    I look forward to hearing how you keep your notes!

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

    Curve Ball: Name BORING stocks

    Posted: 27 Nov 2020 06:57 PM PST

    Name companies that work in boring industries but are rock solid and can still offer growth to investors.

    This sub has it flaws BUT it can also be great for ideas.

    So talk to me, let's discuss BORING companies that can still offer rewards to an investor.

    I am talking elevators, waste, funeral services level of boring.

    GO!

    submitted by /u/TheBigLT77
    [link] [comments]

    Need some help deciding which Weed stock to punt?

    Posted: 28 Nov 2020 07:34 AM PST

    I have some capital gains this year in my overall portfolio, and I'd like to use them to offset some of my weed stocks/funds that I purchased 2-3 years ago. I still like the Weed industry, and I do think some of these will continue their recent gains - and are still good/decent long term holds for me.

    ​

    I currently have 4 positions. Stocks are Aurora (ACB) and Cronos (CRON). ETFs are EFTMG Alternative Harvest (MJ) and Advisors TR Pure Cannibis (YOLO). I've been doing my own research the past few days to try and consider dividend payouts and overall losses for each one. I think YOLO is the one to punt out of the 4. 1) I think I can do better with my money and 2) looking at the primary holdings of it, I noticed 15% of it is sitting in Treasuries. It's safe and all, but if things do pick up I'd imagine this one would have the slowest price appreciation -- going back to point 1.

    ​

    Am I analyzing this correctly? Is there more info I should be looking at/considering? I'll probably have some more gains left over after this, to consider selling out partially of something else, but as of today I think the two stocks are good holders for long term, and MJ could start showing some good/decent returns as well.

    submitted by /u/Empire48
    [link] [comments]

    What will happen when TSLA joins the S&P?

    Posted: 27 Nov 2020 08:14 PM PST

    I know that Vanguard, Blackrock and others usually don't change their portfolios. But on the day that TSLA joins the S&P, will they have to build a position on a company that is larger than Berkshire Hathaway in just one day? I mean, if it's true they are literally delivering money from VIX, SPX and other investors and giving it to TSLA investors.

    It's too weird to be true.

    Am I missing something here?

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

    HSBC considers exit from U.S. retail banking - FT

    Posted: 28 Nov 2020 02:53 PM PST

    https://finance.yahoo.com/news/hsbc-considers-exit-u-retail-111709788.html

    (Reuters) - HSBC Holdings Plc is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday.

    The bank also said it would also accelerate the transformation of its U.S. business, where it has long struggled to compete with much bigger players.

    Going to be more business for other big banks such as jpm and bac.

    submitted by /u/coolcomfort123
    [link] [comments]

    Looking at copper stocks that have potential... But need help!

    Posted: 28 Nov 2020 06:07 AM PST

    I am a noob when it comes to mining stocks! I'll try my best to give good points.

    With the recent surge in demand for copper to produce electric vehicles, this wouldn't be a bad futures bet, would it? I know that soon after Elon tweeted about the need for copper in EVs, the price of copper jumped to all time highs. Currently it sits at 3.30$ (or so) per pound which is a significant increase. Of course, if you were to look at a chart of the copper price per pound, it is most definitely volatile so there is some risk.

    I'm not really sure about any other promising copper mining companies or stocks that could take off, but there must be, no?

    The one company I do know of is the biggest producer of copper in the world, FCX (Freeport-McMoRan). Their 52 week low came back in March at around 5$/share and since has climbed pretty steadily to where it's at now at 23.50$/share. Another thing that's pretty attractive about FCX is their close-to 1% dividend payout.

    With the new demand for copper and being one of the world's biggest producers of this material, is FCX the best option to put your money into? Are there any others that I should be aware of?

    Sorry if it's a little messy but I'm really intrigued by a futures bet on copper.

    Cheers!

    submitted by /u/thaboom
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment