• Breaking News

    Tuesday, December 1, 2020

    Stocks - Rate My Portfolio - r/Stocks Quarterly Thread December 2020

    Stocks - Rate My Portfolio - r/Stocks Quarterly Thread December 2020


    Rate My Portfolio - r/Stocks Quarterly Thread December 2020

    Posted: 01 Dec 2020 04:07 AM PST

    Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.

    Why quarterly? Public companies report earnings quarterly; many investors take this as an opportunity to rebalance their portfolios. We highly recommend you do some reading: A list of relevant posts & book recommendations.

    You can find stocks on your own by using a scanner like your broker's or Finviz. To help further, here's a list of relevant websites.

    If you don't have a broker yet, see our list of brokers or search old posts. If you haven't started investing or trading yet, then setup your paper trading.

    Be aware of Business Cycle Investing which Fidelity issues updates to the state of global business cycles every 1 to 3 months (note: Fidelity changes their links often, so search for it since their take on it is enlightening). Investopedia's take on the Business Cycle and their video.

    If you need help with a falling stock price, check out Investopedia's The Art of Selling A Losing Position and their list of biases.

    Here's a list of all the previous portfolio stickies.

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    r/Stocks Daily Discussion & Technicals Tuesday - Dec 01, 2020

    Posted: 01 Dec 2020 12:08 AM PST

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post.

    Some helpful day to day links, including news:


    Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions.

    The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.

    TA can be useful on any timeframe, both short and long term.

    Intro to technical analysis by Stockcharts chartschool and their article on candlesticks

    If you have questions, please see the following word cloud and click through for the wiki:

    Indicator - Trade Signals - Lagging Indicator - Leading Indicator - Oversold - Overbought - Divergence - Whipsaw - Resistance - Support - Breakout/Breakdown - Alerts - Trend line - Market Participants - Moving average - RSI - VWAP - MACD - ATR - Bollinger Bands - Ichimoku clouds - Methods - Trend Following - Fading - Channels - Patterns - Pivots

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

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    NIO November deliveries hit a new monthly record. Increasing by 109.3% year-over-year

    Posted: 01 Dec 2020 02:33 AM PST

    • NIO delivered 5,291 vehicles in November 2020, increasing by 109.3% year-over-year

    • NIO delivered 36,721 vehicles in 2020 in total, increasing by 111.1% year-over-year

    • Cumulative deliveries of ES8, ES6 and EC6 as of November 30, 2020 reached 68,634

    submitted by /u/itoitoito
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    Nio stock gets upgrade at Goldman Sachs

    Posted: 01 Dec 2020 11:19 AM PST

    'In hindsight, we underestimated' Nio, Goldman Sachs says

    Goldman Sachs analysts flipped their stance on Nio Inc., saying that in hindsight they underestimated the benefits that the Chinese electric-vehicle maker would get from breakthroughs such as its battery-swap idea.

    The analysts, led by Fei Fang, upgraded Nio's NIO stock to the equivalent of hold, from sell, saying in a note Tuesday that when they tacked on their sell rating in July they did so on valuation. They believed that "the share price at the time reflected over-optimism given no substantial changes to volume/profit expectations."

    What's changed? Mostly, Nio unveiled its battery-as-a-service program, expanding its market. Most households in China lack conditions to install private chargers, especially outside of main cities, Goldman said.

    The analysts also upped their 12-month target price on Nio's American depositary receipts to $59.00 from $7.70.

    Nio launched its battery-as-a-service program in August; service users purchase a Nio car without the battery, "making it more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs," the Goldman analysts said.

    Existing public charging stalls are often busy, but within "10 minutes, Nio car owners can swap their depleted battery with a fully charged one, which is much more time efficient than the fast charger stall that requires around 2.5 hours."

    "In addition, (battery-as-a-service) also represents a systematic solution to the long-existing challenges for EV penetration, including battery degradation, battery upgradability, and lower resale value," they said.

    Nio's ADRs have gained nearly 1,100% this year, compared with gains around 13% for the S&P 500 index. SPX The average rating on Nio of the 13 analysts polled by FactSet is the equivalent of buy, and the average price target on the ADRs is $42.18, representing an 11% downside from Tuesday's prices.

    Source

    submitted by /u/Brothanogood
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    Living Off Dividends

    Posted: 01 Dec 2020 11:28 AM PST

    As someone getting into stocks at 18, I am curious to how many people on this reddit live purely off their dividends, or have the potential to. Anyone who currently is or is on their way to achieving this level of dividend income, I would love to talk to you about how much money you originally invested to reach this stage, what dividend paying stocks are you invested in, what is your monthly income from said dividends, etc. It is just for myself to gain perspective and have a realistic investing plan to reach this level at some stage.

    submitted by /u/Thin_Cartographer663
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    $BB BLACKBERRY up 47% on Amazon partnership

    Posted: 01 Dec 2020 06:16 AM PST

    I see Blackberry is up a whopping 47% on their announcement of a partnership with Amazon for in vehicle data systems. Blackberry has been quietly strong with in vehicle operating systems, so this can only help.

    Blackberry announces partnership with Amazon on in-vehicle systems

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    Tesla’s stock will be added to the S&P 500 in a single step before the open on Dec. 21

    Posted: 30 Nov 2020 02:52 PM PST

    https://www.cnbc.com/2020/11/30/tesla-to-be-addedto-the-sp-500-in-two-parts-to-account-for-its-size-an-unprecedented-move.html

    The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. Float-adjusted means that only shares available to the public are considered when evaluating a company's weighting. The company that Tesla will replace will be named on Dec. 11, according to a press release.

    "In its decision, S&P DJI considered the wide range of responses it received, as well as, among other factors, the expected liquidity of Tesla and the market's ability to accommodate significant trading volumes on this date," the index provider said. Tesla's addition to the S&P 500 will coincide with the expiration of stock options and stock futures, among other financial instruments, which should help facilitate the addition because of the high trading volume that day.

    Thanks for the awards.

    submitted by /u/coolcomfort123
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    Why are all EV and Similar companies crashing while the S&P keeps rising?

    Posted: 01 Dec 2020 08:48 AM PST

    I'm seeing so much of my watch list in red, NIO, PLUG, BLDP, and a few others in the red today, but why? Nothing really has changed in the past day, and while I've heard that they might delist Chinese companies, analysts say it shouldn't affect NIO

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    Amazon says this year’s holiday shopping period has been the biggest in its history

    Posted: 01 Dec 2020 04:43 AM PST

    https://www.cnbc.com/2020/12/01/amazon-announces-black-friday-cyber-monday-2020-results.html

    Amazon has announced that this year's holiday shopping season has been the biggest in its history.

    More consumers are doing their holiday shopping from their couch this year, due to the pandemic.

    Amazon is widely expected to be one of the biggest winners this holiday season, with one Wall Street firm estimating it could capture 42 cents of every dollar spent during the busy shopping period.

    submitted by /u/coolcomfort123
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    PLTR sell or hold?

    Posted: 01 Dec 2020 07:23 AM PST

    I bought PLTR yesterday at an ACB of 28.80 USD per share. I am in Canada so that is just a rough conversion with the broker I am using.

    Should I sell and take the loss and rebuy then hold long term to recoup losses or just hold long term with the position I am in right now. I can't buy anymore of the stock that is the only limiting factor.

    Any options or ideas welcome.

    Thanks!

    submitted by /u/iamsofuckinggggggsad
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    1/6 of my money is in NIO. Good time to buy more?

    Posted: 01 Dec 2020 12:29 PM PST

    All the EV companies are down - probably partly due to correction. If I'm looking for growth within the next year would buying more NIO be a good idea or diversifying with Li etc. The last week has been pretty bad for EVs so I am unsure

    submitted by /u/theepicone111
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    Are there any people here that actually invest in a stock/stocks for 10-20 years or even more. Is everyone chasing the hype and meme stocks?

    Posted: 01 Dec 2020 09:50 AM PST

    I feel like that the amount of people who try to time the market with their buys and sells is pretty big in this sub. Don't see that many people with the "boomer" view on this. I think it's kinda weird considering that you'll have a much better chance of succeding if you pick market leaders with good and stable growth, revenue, low debt etc. This made it sound really easy, but you get what I mean.

    Like, I get it why the companies like PLTR, NIO and SE get a lot more attention, since the biggest and the quickest growth and winnings come from the companies that are new and have a lot of potential, but it still bugs me out that people are doing "investing" more and more from a trading stand point rather than the traditional buy and hold strategy. People are lacking patience.

    People can do whatever they want, but if we forward to 10 years in time, how many of us can actually provide solid returns with the constant buying and selling that can perform better than the S&P 500, so about 10% annually. It's gonna be real hard with timing the market consistantly. Even picking the right growth stock can be really hard eben though Reddit and the amount of speculation does help a bit with it. There isn't any guarentees that PLTR can be a blue chip company in 20 years. Sure, there isn't anything sure about AAPL or MSFT either, but at least they've proven they can do it on a solid basis.

    Don't want to be mean or anything, just wondering if it's really worth trying to time the market if you can get steadier profits from the already existing market leaders. I do enjoy reading newsand staying informed, but IMO it'd be safer just to stick with the blue chips. The point of investing is gaining wealth steadily, not gambling with it, right? The biggest bonus with growth stocks is probably the possibility of getting huge profits in a short term which isn't a reality with the blue chips. You can still get tons of profits with MSFT, JNJ or AAPL, it's just that it won't happen overnight. I think you should have a healthy mix of both market leaders and growth stocks.

    I don't know what I'm trying to say with this. Maybe I just wanted to point this out that you shouldn't "gamble" everything when investing amid all this speculation and info you get about any stock here.

    Thanks in advance.

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    NIO Inc. Provides November 2020 Delivery Update-Company Achieved Another New Record-High Monthly Deliveries

    Posted: 01 Dec 2020 03:35 AM PST

    • NIO delivered 5,291 vehicles in November 2020, increasing by 109.3% year-over-year

    • NIO delivered 36,721 vehicles in 2020 in total, increasing by 111.1% year-over-year

    • Cumulative deliveries of ES8, ES6 and EC6 as of November 30, 2020 reached 68,634

    SHANGHAI, China, Dec. 01, 2020 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NYSE: NIO), a pioneer in China's premium smart electric vehicle market, today provided its November 2020 delivery results.

    NIO delivered 5,291 vehicles in November 2020, a new monthly record representing a solid 109.3% year-over-year growth. The deliveries consisted of 1,387 ES8s, the Company's 6-seater and 7-seater flagship premium smart electric SUV, 2,386 ES6s, the Company's 5-seater high-performance premium smart electric SUV, and 1,518 EC6s, the Company's 5-seater premium electric coupe SUV. NIO delivered 36,721 vehicles in 2020 in total, representing an increase of 111.1% year-over-year. As of November 30, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 68,634 vehicles.

    NIO is in the process of accelerating the production capacity expansion in December 2020 to accommodate the increasing order growth.

    source

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    What are your thoughts on Corsair (CRSR)

    Posted: 01 Dec 2020 08:48 AM PST

    Hey everyone,

    I apologize for trying to shortcut but I am bit buried in client work atm and want to see what others have as thoughts on CRSR. It recently hit a high of ~$50/share before pulling back to $37.98. From what I can tell based on reports and some slight digging this weekend this appeared to be more about profit-taking than anything fundamental. In fact, CRSR had just adjusted their 2020 guidance above Wall St. estimates.

    I bought into the stock at $18.87 and had originally planned a sell at around $30/share but am still holding with a plan to sell in February after earnings. Does anyone have thoughts on CRSR in, say, a 6-month timeframe. I am surprised with how well the stock has been doing and wanted to see if other people had insights/thoughts on CRSR going forward

    Thanks =)

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    A Stock Shout-out/Kudos To You All!

    Posted: 01 Dec 2020 10:33 AM PST

    This is one of my first posts, but I read a lot of posts in this subreddit as I am very new to investing!

    I currently hold NIO, DKNG, PLUG, PLTR, ICLN, HSTIX, GE, TSLA (which I bought from selling some NIO before the dip today).

    I wanna say thank you for all of the support and advice you have posted on everyone else's posts, comments, responses. As I mentioned this is one ofy first posts, but I spend hours reading through people's posts, others comments to them, and rebuttals. I have learned so much in a short amount of time it's amazing! You all have helped me learn a lot and you have also helped me beat my anxiety of not selling and holding through tough RED days like today. Hearing people talk about FOMO and holding on or selling to soon has really helped me teach myself patients and diligence before trading.

    I think I lost around $600 today ($10k portfolio) and before reading a lot of your advice I would have sold today. It's reassuring hearing advice from "normal" people instead of a broker or someone who has a benefit to giving you advice.

    This is getting very unorganized now so I'll stop typing but again, thank you thank you thank you for all the great advice!

    submitted by /u/PersonalityDue7038
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    XPEV delivery results for Nov 2020 are out. 342% growth since last Nov ��

    Posted: 01 Dec 2020 02:44 AM PST

    XPEV continues its rapid growth with:

    "Xpeng delivered 4,224 vehicles in November 2020, a 342% increase year-over-year

    Xpeng delivered 21,341 vehicles year-to-date 2020, an 87% increase year-over-year"

    The October delivery results Xpeng reported had 229%~ growth YOY vs Oct 2019 led to analysts buy upgrades and increased price targets taking the stock up 150%+ so we might see similar activity today/this week. Likely not a mammoth 150% gain but wouldn't be surprised if we revisited $70 again soon.

    Just a heads up, sorry to keep flogging the EV dead horse.

    GL!

    Source: Business Wire (Dec 1, 2020)

    submitted by /u/TwoUp22
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    Thoughts on the future of Oil? $UVXY, $SCO, $DDG, $NRGU

    Posted: 01 Dec 2020 01:19 PM PST

    Peak Oil Is Upon Us

    Where do you see oil going in the short term?

    A vaccine will be out soon, but COVID cases are increasing. It seems like a shutdown isn't going to happen. But if cases keep increasing, I'm curious if a shutdown would be completely out of the question. Not to mention all the people who will now be working from home from now on, even if another shut down doesn't happen. And in the longer term for oil, clean energy will certainly make oil nearly obsolete. So I've been thinking of putting more money into stocks shorting oil. Take $SCO, for example.

    $SCO provides -2x the daily return of an index of futures contracts on light sweet oil. It just dipped below $13.00 while it's all time low was around $11.00. I bought a few shares at $13.16 myself. There are others such as $UVXY which provides 1.5x leveraged exposure to an index compromising first- and second- month VIX futures with a weighted average maturity of 1 month. Also $DDG which provides inverse exposure ti a market-cap-weighted index that tracks the performance of large US oil and gas companies.

    Or do you see oil recovering now that a vaccine is coming out?

    In that case, would $NRGU be the best choice? $NRGU tracks three times the performance of an equal-weighted index of US Oil & Gas companies. It was also at it's all time low (around $20 near the end of October, before jumping up to $70 near the end of November) but now currently sits at around $50. The switch to clean energy obviously won't happen overnight. So the fact that a vaccine should help reopen our economy relatively soon would certainly help bring oil back up. Especially that the DOW has reached it's all time high, while oil is still very much recovering.

    Any thoughts or other stock choices would certainly be appreciated.

    submitted by /u/InETIDWeTrust
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    PLTR - UK news

    Posted: 30 Nov 2020 05:36 PM PST

    Immigration: Visa applications open under UK's post-Brexit system

    The software system is produced by the controversial US tech firm Palantir and will pull together information from different government computers to monitor the flow of people and vehicles across the UK border.

    bbc article

    submitted by /u/BitRulez
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    Course suggestion

    Posted: 01 Dec 2020 12:27 PM PST

    Hey everybody, I'm looking for UDEMY or other online courses that you guys might recommend that would help with balance sheet reading and overall analysis of companies. Any suggestions would be amazing thank you!

    submitted by /u/athwomp
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    Am I understanding how to play the TESLA S&P news correctly? thank you

    Posted: 30 Nov 2020 11:11 PM PST

    so tesla is being added to the S&P on 12/21 and the name of the company being taken off will be named on 12/11. I am a newbie and I read the prior post addressing this news but am still unclear about the impact on price and why it will have such impact.

    As a newbie, I do not understand what these firms are exactly obligated to do/how much tesla they need to buy once this switch is made on 12/21, but my basic understanding is that these firms will need to buy a lot of tesla shares on 12/21. Having said that, I want to understand the most likely effect this will have on stock prices and how to profit:

    1. As background information, will new shares of tesla be issued so that these institutional firms can buy them or will these firms just be buying existing shares on the market the way you and I do? (this is important to know for the next question)

    2. Does it mean that the price of tesla will increase from now until 12/21, because people will be buying now knowing that institutions will have to buy a lot of tesla stock starting on 12/21? And that the tesla stock price will probably continue to rise for a few days after 12/21 as these firms continue to buy the shares that they need?

    3. So does this basically mean that the company that is named on 12/11 will experience an immediate price drop on that date since the general public will sell it in anticipation of a sell off coming frominstitutional firms of that stock in order to make room to add tesla instead on 12/21 (an early sell off)?

    thanks all

    So: buy tesla now and sell on 12/21? Buy whatever stock is named on 12/11 after it drops and wait for it to rebound after the bad news?

    submitted by /u/rammerman123
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    TESLA NEWS | NIO SALES | NIKOLA STOCK CRASH | STOCK MARKET NEWS & MORE [12-01]

    Posted: 01 Dec 2020 05:50 AM PST

    Tesla and NIO shares are jumping after good news, while NIKOLA tumbles after GM goes for a much smaller agreement, the stock market loses ground as investors take profits, let's talk about this and much more about the stock market

    Hey everyone and Welcome! So, let's start with the recap of yesterday as we saw the NASDAQ COMPOSITE finish about flat for the day, the SP500 finished about half a percent down for the day and the DOW INDUSTRIAL was the biggest losers down almost 1% thought all 3 of them were down even bigger intraday. So, both the SP and the DOW finished with record monthly gains, the SP finish up 10,9% for the month above the previous record of 10,2% exactly 40 years ago, while the DOW finished up 11,9% and topped the previous record from 1987 with the Nasdaq also having its best month since the middle of the dot-com boom in 2001. The VIX also finished down more than 1% for the day though at one point it almost hit the 23 mark.

    Almost 70% of companies were declining yesterday on above average volume, as I believe investors were taking profits after the big gains from this huge November rally that we had. CHART

    Energy was the biggest loser yesterday as the whole sectors finished down more than 5% while the only 2 sectors in the green were Technology and Health Care as we saw value plays struggling through the day while large cap growth companies were gaining, led by Apple as you can see in this HEAT MAP, which finished the day up over 2% while the whole financial and energy sectors were down big.

    Here are the biggest economic data that we are expecting today, as we will see numbers from the MARKIT PMI and the ISM INDEX with vehicle sales arriving later in the day. Also only one big company is expected to report earnings today, Salesforce, which is also expected to close a deal today to buy Slack in a cash-only deal. Salesforce is expected to maintain its EPS flat year over year with revenues increasing by more than 16%. I fully expect this to be beaten as this company has gone under appreciated in my opinion as smaller cloud companies have seen the bulk of the stock market gains. If they manage to buy Slack that will be a very positive thing for the company's future as they will move on to bring a new challenge to the Microsoft bundle. SLACK NEWS

    Great news came in the early morning today, as the OECD revised it's GDP contraction up 0,3% with a real GDP growth forecasted at over 4% next year and 3,7% in 2022 as China is expected to account for one-third of the world economic growth next year, it might be the time to get more into that part of the stock market as they are expected to have a GDP growth of 8% next year.

    Also, despite dropping more than 3% yesterday, Tesla saw it's shares bounce back after the news that it will be added at full float-adjusted market cap all at once on Dec. 21 due to its ability to accommodate big trades. With other good news coming yesterday also as China finally approved the selling of the Model Y in the country.

    Also relating to the EV world, NIO just announced while writing this post an increase of over 100% in delivery numbers for November to over 5 thousand cars. As they company keeps it over 100% year over year deliveries increase and are expected to continue the accelerations of production capacity to accommodate the bigger order numbers.

    While the hydrogen power Nikola seen it's share drop yesterday after a worse than expected deal with GM, as GM has pulled back from its initial far bigger commitment with Nikola as the 2 companies signed a non-binding memorandum that expires at the end of next year, so things may get even worse for Nikola as they also scrapped plans to build the Nikola Badger electric pickup and will refund order deposits for the truck. This resulted in an over 25% drop in Nikola shares and I expect this to go even lower, as the former CEO Milton will see about 130 million shares unlocked today and a total unlock of 161 million shares, that is more than the current free float shares available for the company at 117 million. If he decides to sell those, that will crush the stock… So, I think a 15-16 $ price in the near future is possible even with Milton selling his shares.

    Good news for 2 of the biggest 3 companies in the world Apple and Amazon announced that they will team up to offer new cloud computing services for AWS users to be able to create and test apps remotely. This will be a big positive for both companies as Amazon will benefit from more cloud services usage while Apple continues to expand the software and services business.

    Other great news came for retailers as Shopify announced that sales were up 75% year over year as the Black Friday to Cyber Monday sales are booming, this bolds well for companies like Lowe's, Home Depot, Amazon and many others.

    While on the vaccine front, Moderna's candidate is expected to be review in mid-December. I believe the stock has gone way over it's head and has passed big players in the pharma industry like Vertex and Regeneron though for Moderna this will be they're first product to be released to the market, I think this stock is well over-hyped at this price, I don't believe it's worth more than 100$ in the long-run as more vaccines will become available with far cheaper prices.

    The only big company that reported earnings yesterday was ZOOM as they beat expectations by 23 cents. The stock did fall more than 5% in after-hours trading as I expected as the total number of paying customers was only up 17% quarter over quarter with far bigger increases in free users that created bigger bills and drove the profit margins lower to 66% way below the 72% analysts expected. I believe the company faces a though 2021 year as they will have very difficult comps to take on, but I believe this will remain a winner in the longer run. So I sold out of my position on Zoom before this earnings but I will keep an eye on them, if the price drops below 400$ I would be willing to buy the stock once again.

    Meanwhile Biden has announced his top picks for economic appointments and nominations and I believe this are very friendly picks for the stock market as he has gone with more central liberal picks and hasn't gone to far to the left.

    So I still believe the stock market is in a bull run for the moment with lot of great catalysts like the PRESIDENTIAL ELECTION being more and more certain, and a very likely split government after the Georgia Senate runoff election. So, with at least 2 vaccines right around the corner and treatments for the illness also getting better by the day, this will lead to a gradual reopening of the economy as less and less industries will suffer and the whole economy will eventually go back to normal. Also, the end of the US-China trade war might be in sight or at least a reduction in the trade tensions between the two biggest economies as Biden is close to taking over the Presidency in the US.

    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
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    Razer (1337) is an impressively fast growing gaming and fintech business. An alternative to Corsair (CRSR).

    Posted: 01 Dec 2020 05:26 AM PST

    This is a company that I am interested in, here is my research but please do your own DD. Let's start with the risk factors and then move on to the exciting bits.

    Like all companies in this field, components are made in Taiwan and China. However the company is Singaporean company so this may actually be a good thing for their business as the relationship between China and the west becomes more fraught. Razer also heavily relies on the success of the gaming industry, although they are diversifying.

    Razer is a founder-led company who are developing a strong ecosystem that combines gaming and fintech with impressively fast growth. They also provide banking services specifically tailored for the youth and millennials worldwide.

    Although people are saying that Corsair is going to boom in price, Razer shows more growth potential than Corsair. They have a slightly lower market cap ($3.2B compared to $3.4B) and revenue ($911M and $1.47B) but their revenue is growing significantly faster (32% compared to 14% predicted for 2021). Most importantly, they are quickly becoming a significant player in the fintech arena.

    Razer Fintech was founded in 2018, is headquartered in Singapore and Malaysia, and is primely situated to supply many emerging markets. It is a leader in offline to online digital payments, where they pay users directly for geographical information that they subsequently use for advertising.

    Razer Fintech has submitted its application for the Digital Full Bank License to be issued by the Monetary Authority of Singapore and are considering similar moves in Europe and the US. Razer Fintech will be focusing on the underserved youth and millennials segment for the bid.

    Razer Fintech is planning to extend its current fintech offerings to digital banking services by building the world's first global youth bank, Razer Youth Bank leveraging on the strength of Razer as a lifestyle brand synonymous with the youth and millennials.

    Other key numbers and facts:

    · Founder holds 35% ownership and there is no evidence of any insider selling in the last 12 months.

    · Cash balance of $586M with zero debt.

    · The market leader in gaming peripherals and premium (>$1800) gaming laptops.

    · Monthly active users of their software up over 45% YoY driven by esports and streaming.

    · Their Razer Gold gaming subscription service has seen an increase of 125% YoY in total payment volume.

    · 114% YoY increase in total payment volume of business-to-business and business-to-consumer digital payments in Southeast Asia.

    · Their operating expenses have fallen consistently over the last 3 years, not just as a percentage of their revenue (which they have, 40% to 24%), but also in absolute numbers ($133M to $115M).

    Corsair is up over 150% since it's IPO in September but it looks like people still haven't noticed Razers potential in gaming, esports, and fintech. Now could be the time to jump in on this stock.

    Please be sure to do your own DD and feel free to ask questions.

    submitted by /u/Former-Importance-21
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    Appian is a boring company but crazy rise

    Posted: 01 Dec 2020 10:54 AM PST

    Appian is up 100% over the last 30 days and up 360% since January 1.

    I bought Appian back when it was $25 a share and now it's about $140. It had a huge run in the last 30 days but now it's a bit shaky. As a software company, they are great and in a lot of demand. But I have no idea why it went up so high. Any thoughts on where it's going?

    Also, I think Pegasystems (PEGA) and ServiceNow ($NYE) are going to see big growth soon as well. Very similiar software for the enterprise mid to large sized customers.

    submitted by /u/Sklifosovsky20
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    Tesla CEO Elon Musk says if rival asked for a merger he’d ‘have that conversation’ but wouldn’t do a hostile takeover

    Posted: 01 Dec 2020 01:24 PM PST

    https://www.cnbc.com/2020/12/01/tesla-ceo-elon-musk-says-hed-have-conversation-on-merger-if-asked.html

    "I think we're definitely not going to launch a hostile takeover," Musk told Döpfner during a live event streamed to YouTube.

    Musk said he'd have the conversation with a traditional car maker if it was pitched.

    Tesla needs its capital for other things, like battery development and manufacturing.

    submitted by /u/coolcomfort123
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    Holding SQQQ

    Posted: 01 Dec 2020 11:37 AM PST

    Been holding SQQQ for three weeks in hopes of a pullback but doesn't seem to be happening yet. Average share price 19.80. 140 shares. Can some one convince me not to take the $400 loss? Since Biden won seems to just keep going up and up. I bought more today since it was so low. What are some of your opinions?

    submitted by /u/42790burns
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