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    Home Unlabelled Stock Market - Most Anticipated Earnings Releases for the week beginning March 8th, 2021

    Stock Market - Most Anticipated Earnings Releases for the week beginning March 8th, 2021

    March 06, 2021

    Stock Market - Most Anticipated Earnings Releases for the week beginning March 8th, 2021

    Most Anticipated Earnings Releases for the week beginning March 8th, 2021

    Posted: 06 Mar 2021 04:10 AM PST

    Actions speak louder than words

    Posted: 06 Mar 2021 07:06 PM PST

    Tesla Turn Into A Nightmare: Capitalization Lost More Than $230 Billion In 4 Weeks, Stocks Plunged Causing A Series Of Companies To 'Collapse', ETFs' Price Crashes

    Posted: 06 Mar 2021 07:55 AM PST

    $NOK shareholders against the dips

    Posted: 06 Mar 2021 02:22 PM PST

    Reddit should double check its sponsored ads before going live. In a world where people loses money and gets scammed we, as a community, shouldn’t allow this!

    Posted: 06 Mar 2021 05:53 AM PST

    A word on shame about losing money

    Posted: 06 Mar 2021 02:33 AM PST

    So, as someone who knows a thing or two about shame, I'm alarmed at how much pure shame there is flowing around Reddit financial subs of late.

    I mean, fuck, the only place with a healthy relationship with shame is... WBS. I'm not a frequent visitor or subscriber but I checked in last night and was impressed [by their relative comfort around failure].

    Other subs are inundated with posts from people too ashamed to offload to friends and family, and other posts admonishing new investors for their shameful 'greed' and unrealistic expectations of the market.

    This ain't good.

    In the realm of human emotions like worry, anxiety, doubt, and fear, shame is on another planet.

    Shame plays in the same park as love and goes to the same school a sadness and grief. Clearly, I'm oversimplifying but it's a generalisation that gives some context.

    Shame can last a lifetime and define who you think you are. It's a complete waste of energy and hugely destructive.

    **What breeds shame?**

    Well, we judge our own actions in two ways:

    - I've _DONE_ wrong.

    - I _AM_ wrong.

    Shame is about feeling that, because of a decision you've made, you ARE wrong. So in our stocky, optiony world, you feel shame at BEING a bad/greedy/impulsive investor.

    And on Reddit, you'll read a lot of posts full of savage comments about basic decision making from strangers without knowing their full story or the mistakes they themselves have made, or why they're pouring their scorn onto the interweb late at night... are these really the places you want to validate or seek comfort for your shame?

    Often, vicious comments only cement the shame you feel.

    To be clear: DOING wrong does not mean you ARE wrong. It means you fucked up.

    And that's great because fucking up is part of learning and putting yourself out there. You literally cannot succeed if you are not willing to fail.

    Want proof? Look at any entrepreneur, athlete, artist, musician or actor and try and find one ounce of the fear of failure. Heck, TED talks are basically just amazing people giving their epic stories of failure before success.

    **How do you overcome your shame about losing money?**

    Be fucking vulnerable. That's how. And compassionate when other people are vulnerable.

    Believe me, there is nothing that shouts personal strength like telling someone you fucked up. Tell your wife, your mum, your best mate, or, yes, strangers if you like - although that's a gamble.

    But for Christ's sake, don't bottle it up. We've all made bad decisions. Loads and loads of them.

    Fail big. Tell people. Move on.

    And shoot me a message if you want to offload. Or just to tell me to shove it. I'm easy.

    Edit - clearly I cannot format a Reddit post. I'm not changing it.

    submitted by /u/throwaway8619425
    [link] [comments]

    Keep buying the dip comrades!

    Posted: 06 Mar 2021 07:51 AM PST

    The $1.9 T stimulus should cause the yield to go higher resulting in more stock market volatility

    Posted: 06 Mar 2021 06:19 PM PST

    The US Department of Treasury auctions treasury bills on regular basis. These bonds are bought by sovereign governments, funds, and more importantly by the FED.

    The FED has been buying bonds and mortgage backed securities at the pace of $120 B a month. On the other hand sovereign governments have been slightly less eager to buy the US bonds.

    Now, with the $1.9 T stimulus, the Treasury Department will have to auction even more treasury bills to cover such massive legislation. But the $120 B a month bond buying by the FED will not be sufficient to cope with the oversupply of bonds. Coupled with the fact that sovereign governments have less appetite to buy the US debt, this means less demand for bonds which will result in bond prices going down. And that will cause the yield to go even higher.

    With that, there appears to be only one force that can impact the above flow: the FED.

    If the FED is not willing to buy the excess in bonds, there bonds will continue be cheaper and the yield will continue going higher.

    In consequence, the stock market will continue to be under pressure and has more room to the downside as it has been looking and is pressing for more free money from the FED.

    ​

    Thoughts?

    ​

    P.S. The Treasury department is auctioning $62 B in the week ahead that will test the yield.

    submitted by /u/fm1965
    [link] [comments]

    Apple Q1/2021 Apple announced financial results for its fiscal 2021 first quarter ended December 26, 2020. The Company posted all-time record revenue of $111.4 billion.

    Posted: 06 Mar 2021 06:46 AM PST

    Gonna tell my kids this was Cathie Wood

    Posted: 06 Mar 2021 04:17 PM PST

    Rate my Portfolio 1-10. Literally let me have it

    Posted: 06 Mar 2021 05:03 PM PST

    Senate passes $1.9 trillion stimulus plan

    Posted: 06 Mar 2021 09:34 AM PST

    Ready for this coming week!!! Time to rocket ��

    Posted: 06 Mar 2021 05:56 PM PST

    Anyone has a bear thesis for Corsair Gaming $CRSR?

    Posted: 06 Mar 2021 08:55 AM PST

    I am mulling going heavily into Corsair at an entry point of around $30

    I've been reading many bull thesis online that indicate a price target of $50 but based on many factors including growing revenues, relatively undervalued, industry growth and insiders from the gaming industry suggesting ultra high demand for some of their products.

    However I like to look at the other side of the coin and I would like to see any potential bear thesis out there as most articles like to point out the positives only and not the negatives.

    Anyone with views on this stock are most welcome.

    submitted by /u/CarlosDelgado473
    [link] [comments]

    Reddit appears to be working on going public. Would you buy shares of Reddit?

    Posted: 06 Mar 2021 05:51 PM PST

    With articles like Reddit hires its first chief financial officer as it prepares to go public. It looks like Reddit is going to go public. Would you buy shares of Reddit? Would you try to be part of the IPO? or would you wait and see how it trades?

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

    What's the best indicator for increased option activity?

    Posted: 06 Mar 2021 12:31 AM PST

    Hey y'all,

    I'm working next week on a side project to improve my strategy's stock discovery process using a synthesis of market data, sentiment analysis, and semantic analysis on news sites. For the first step - discovery via market data - I'm intending to use an API to pull in a basket of stocks (probably around 3500 or so) and try to find unusual stock/options activity, which I defined as any statistically significant change from baseline volume/liquidity (compared let's say to a 52 week moving average). I'm wondering though - which would be a better indicator for activity:

    1. Daily volume of the underlying security -- this would be likely the easiest to actually compute, but I'm wondering if that is necessarily predictive of increased options activity (e.g. it seems quite possible that stock volume would be a lagging indicator of what I'm actually interested in)
    2. Options trading volume - I'm thinking for this I would want to segment it based on the actual options contract, since that's fairly useful data as a gauge of general market sentiment
    3. Other that I'm missing

    I'm thinking naively that options trading volume is more useful for indicating potential stocks in my model (it would then be compared with news sources to determine why the activity is occurring). What do you guys think?

    submitted by /u/stumpy101017
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning March 8th, 2021

    Posted: 06 Mar 2021 04:29 AM PST

    Good Saturday morning to all of you here on r/StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning March 8th, 2021.

    Stocks face the crosscurrents of higher interest rates and fiscal stimulus in the week ahead - (Source)

    The Covid-19 aid package is on track for final congressional approval in the week ahead — and it could be a double-edged sword for markets.

    The legislation should be greeted by optimism around the powerful lift it could give the stock market and the economy, but it could also be met with concern about what a historically large stimulus package could do to inflation and interest rates.

    Stocks were mixed in the past week, with the Dow and S&P 500 higher, but the Nasdaq was dragged lower by interest rate-sensitive tech names. The benchmark 10-year Treasury yield has continued to press higher, revisiting its recent high of 1.61% on Friday, before trading at 1.54% in late trading. Yields move opposite price.

    One wild card for stocks could be how interest rates behave around upcoming Treasury auctions.

    There is a $38 billion 10-year auction on Wednesday and a $24 billion 30-year bond auction on Thursday.

    Traders are watching these closely, after a historically weak 7-year Treasury note auction in February sent rates higher, even for the 10-year.

    "We're a little more cautious on them, just given what we saw in the 7-year and some Japanese selling pressure," said Ben Jeffery, strategist on the U.S. rates strategy team at BMO Capital Markets.

    He said Japanese institutions could be less interested in participating before the end of their fiscal year on March 31.

    Stimulus coming

    The Senate was expected to approve its version of the $1.9 trillion stimulus package and send it to the House for a vote during the week. Otherwise, the market is watching key inflation reports with the consumer price index expected Wednesday and the producer price index, scheduled for Friday.

    "I think the markets will be watching closely the progress on the stimulus package," said Michael Arone, chief investment strategist at State Street Global Advisors. "I think they'll continue to watch the 10-year Treasury move and we're going to get CPI data. That's going to inform on those moves."

    He expects stimulus to remain a factor that could sway markets.

    Inflation has been a worry for markets, since rising inflation could crush margins and corrode earnings power. For bond investors, it would erode value and make interest payments worth less.

    "As long as the rise in Treasury yields matches the pick-up in inflation, I think the market will be able to handle that. I think the challenge is when yields get notably above inflation...I like to see them closely matched," said Arone.

    He said the market is concerned that the next stimulus package could overheat the economy and create inflation, particularly as it comes on the heels of the package approved in December.

    "I think it lends to the conversation, 'do you really need another $1.9 trillion?' Arone said. "We're going to pour more gas on the fire, and with this $1.9 trillion that's what the market is concerned about."

    Consumer inflation is expected to remain somewhat muted for February, after the 1.4% rise year-over-year in core CPI in January. But the pace of inflation is likely to pick up notably in March and April, since the comparisons to last year, when the economy was shut down, will likely look extreme.

    Choppy to continue

    Strategists expect the push-pull between interest rates and stocks to continue.

    On Friday, rates were higher after a strong February jobs report and stocks were also higher. The economy added 379,000 jobs in February, about 160,000 more than expected.

    "I don't think 1.5%, 1.6% on the 10-year is terribly troublesome for the market," said Liz Ann Sonders, chief investment strategist at Charles Schwab. She said the speed of the move was troubling.

    The rotation out of tech and growth into more cyclical names in the financial, energy and industrial sectors continued in the past week.

    Energy was up more than 10% with oil prices, which were at a near two-year high. Financials saw the next strongest move, gaining 4.3% for the week.

    "I think we're in a choppy consolidation phase," said Sonders.

    "You're seeing some extreme historical spreads between what energy and financials are doing recently versus tech and consumer discretionary," she said.

    Sonders added that even if the consolidation phase is close to ending, that suggests there could be more downside for some frothy names. "The good news here is I think it's becoming a better environment for active stock pickers," she said.

    The Nasdaq Composite was down more than 10%, as of Thursday from its Feb. 12 high. But on Friday, the index turned around, gaining about 1.6%. That's a positive sign for the market, particularly since it happened as rates moved higher.

    The S&P 500 was up 0.8% for the week, and the Dow was up 1.8%. The Nasdaq, meanwhile, was down 2%.

    "I think ultimately the higher quality segments that got hit in tech and communications probably did need to see a valuation reweighting," Sonders said. "Arguably, we had some micro bubbles in the market, and they may need to suffer more downside."

    She said investors may want to adjust the allocation of their holdings regularly instead of waiting to adjustments around the calendar

    "If you get a two three week, four five day surge in a particular sector, pare some back," Sonders said, nothing that's the opposite of what most people do.

    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    S&P Sectors for this past week:

    (CLICK HERE FOR THE S&P SECTORS 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 #1!)
    (CLICK HERE FOR THE CHART LINK #2!)

    Jobs Market Gets Reopening Boost

    US payrolls grew at a solid clip month over month in February, as progress in the vaccine distribution process appeared to boost growth by enabling more of the economy to reopen. Our opinion has always been that until we have achieved widespread vaccine distribution, the in-person segments of the labor market will be slow to recover losses from a year ago. We are becoming increasingly bullish on the prospect for a 2021 economic reacceleration, and we are heartened that the hardest hit segments of the jobs market may be beginning to reflect that view.

    The US Bureau of Labor Statistics released its monthly employment report this morning, revealing that the domestic economy added 379,000 jobs in February, exceeding Bloomberg-surveyed economists' forecasts for a 200,000 gain. Large seasonal adjustments to the data did serve to boost the overall number by roughly 140,000, while January's jobs gain was revised significantly higher from 49,000 to 166,000. Colder weather than normal may have also played some role, though the worst of the freeze experienced by middle America occurred just after the report's observation window closed. The unemployment rate fell to 6.2% from 6.3%, and was paired with an unchanged labor force participation rate of 61.4%.

    "Last month on jobs day, we noted our optimism around an improving trajectory for vaccinations and the implications that may have for future jobs reports," explained LPL Financial Chief Market Strategist Ryan Detrick. "This has played out so far, and we expect continued vaccination progress to become more evident in the jobs numbers as the recovery reaccelerates."

    Average hourly earnings rose 0.2% month over month and 5.3% year over year, continuing to signal that lower-wage workers have endured the worst of the pandemic's job losses. Inflation expectations have been in particular focus for the market lately, however inflation risks from a tightening labor market are not of major concern for now in our opinion. We expect overall average hourly earnings to remain steady or even reverse as lower wage workers are rehired in service sector jobs, and we still have lots of slack in the labor market as we hover well below 2020's peak employment.

    The composition of February's report importantly signals a reversal of COVID-19-driven trends seen in recent months. Retail trade gained 41,100 jobs while the leisure and hospitably industry gained 355,000—two segments that have been hardest hit throughout the pandemic. Meanwhile, professional and business services added 63,000 jobs and government jobs fell by 86,000.

    As seen in the LPL Chart of the Day, the jobs recovery in the leisure and hospitality sector has generally plateaued following an initial bounce. This segment of the labor market is highly dependent on in-person interaction, and has understandably suffered in a work-from-home environment. Unsurprisingly, service sector jobs have strongly correlated with broader trends in COVID-19 cases. The leisure and hospitality sector alone still accounts for about 3.5 million of the 9.5 million jobs lost compared to the February 2020 peak. And while we do caution against reading too far into one month's numbers, we are excited to see this decimated sector tick notably higher in February.

    (CLICK HERE FOR THE CHART!)

    We have not had to look hard to find evidence that vaccines are having an impact. Nationally, seven-day averages for new cases have fallen to below early 2020 peaks, significantly below the highs of late 2020. Perhaps most crucially, the portion of the population most vulnerable to severe symptoms has largely already received at least one dose of the vaccination. A third vaccine was granted emergency use authorization in March, and this week President Biden estimated we would have enough supply of vaccinations to cover every adult by the end of May 2021. Once people can become comfortable with the virus trends, we expect widespread hiring in in-person industries to snowball quickly. February may have signaled a start to this trend.

    Anatomy of a Bond Market Sell-off

    Coming into 2021, one of our higher-conviction ideas was that we would see rising long-term interest rates in the United States; it's one of the reasons we recommended suitable investors consider an underweight to interest rate sensitive fixed income. However, we didn't expect interest rates to move this high, this fast. The 10-Year Treasury yield started the year at 0.91% and ended the month of February at 1.41%, down from an intraday high of 1.61%. As such, core fixed income assets are off to one of their worst starts ever (remember that as yields go up, prices go down).

    "Core fixed income assets aren't off to a very good start this year, but we don't think investors should abandon high-quality fixed income assets as they play an important role in a diversified portfolio" says LPL Financial Chief Market Strategist Ryan Detrick.

    So what is driving interest rates higher? Changing expectations

    Inflation and growth expectations are important factors into the fundamental outlook for interest rates. Broadly speaking, what we've seen in the bond market this year is a re-pricing of both higher inflation and higher growth expectations. Inflation expectations have steadily moved higher, and market-based gauges of inflation expectations are the highest they've been since 2011. We don't expect much higher inflation expectations from here, but we are watching how additional fiscal stimulus flows into the economy. Additionally, it seems increasing economic growth expectations have picked up recently as well. An increase in growth expectations may put pressure on the Federal Reserve (Fed) to move away from its low interest rate policy sooner than expected, which has put upward pressure on longer-dated Treasury yields.

    An unfortunate byproduct of those higher expectations is that we've seen an increase in the volatility of the 10-Year Treasury. As shown in the LPL Chart of the Day, daily percentage changes for the 10-Year Treasury yield are above historical norms (each vertical line on the chart represents the one day percentage change in the 10-Year Treasury yield). As shown, over the past several months, yields have regularly moved 10-20% in either direction on any given day. We think this is due to the changing interest rate dynamic and believe that interest rate volatility will subside the further we get into this new interest rate regime.

    (CLICK HERE FOR THE CHART!)

    S&P 500 Seasonal Pattern Suggests Weakness Likely Ending Soon

    In the above chart we have plotted five different S&P 500 seasonal patterns along side 2021 through today's close. "All Years 1949-2020" and "All Years 1988-2020" represent longer-term and mid-term baseline patterns. "All Post-Election Years" includes every year that was a post-presidential-election year regardless of outcome. "1St Year Democratic President" applies to this post-election year and so does "Post-Election Year After Incumbent Party Loss."

    When comparing 2021 to these various past seasonal patterns, this year's performance is above average, and the S&P 500 is currently experiencing some of the weakness present in the other five patterns. Historical weakness (shaded in light blue) is most visible in the three post-election year patterns in February lasting until early to mid-March depending on the post-election year pattern. All three historical post-election year patterns suggest that current weakness could be ending soon.

    (CLICK HERE FOR THE CHART!)

    Historic Surge for the Energy Sector

    The energy sector has certainly been on a wild ride over the course of the past year, perhaps the wildest of all of the S&P 500 sectors. The outbreak of the pandemic in 2020 caused such a demand shock that oil futures traded for a negative value for the first time in history, implying that someone would pay you to take delivery of their oil!

    Well, that's in the rear-view mirror for the energy market now. Year to date, the S&P 500 energy sector is up over 29% as of March 2, according to data from FactSet, more than double the return of the financial sector, the second strongest sector thus far in 2021. As shown in the LPL Chart of the Day, the S&P 500 energy sector is trading at a blistering 30% above its 200-day moving average, the most ever using data back to 1990. While this might seem bearish on the surface, previous surges above 20% have historically bought above average returns over the next year rather than below average.

    (CLICK HERE FOR THE CHART!)

    "The case can be made that energy could be a bit stretched in the near-term, but momentum often breeds more momentum," added LPL Financial Chief Market Strategist Ryan Detrick. "Energy has been unloved for quite some time, but we may be in the early innings of a larger rally for the energy sector as the global economy continues to improve."

    A confluence of events may be spurring the boom in the energy sector. An expanding global economy, a historic winter storm that shut down major oil producing states like Texas and Oklahoma, and an output agreement from members of OPEC+ have sent oil prices soaring to their highest level since early 2019. It's not just oil, either. Copper and lumber have surged past their 2019 highs as well. It's no secret that inflation expectations have been on the rise, and the surge in commodity prices are likely adding further credence to the market's view of higher inflation.

    We have continued to warm up to the energy sector, including upgrading our view on oil in January and then our upgrade from negative to neutral in our February Global Portfolio Strategy publication.

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending March 5th, 2021

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 3.7.21

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (T.B.A. THIS WEEKEND.)

    Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-

    • $AMC
    • $JD
    • $DOCU
    • $XPEV
    • $TTCF
    • $NIU
    • $PRTS
    • $WISH
    • $DKS
    • $SFIX
    • $EXPI
    • $SFT
    • $CLDR
    • $DQ
    • $CELH
    • $ORCL
    • $BLDP
    • $MVIS
    • $RDNT
    • $GDRX
    • $XERS
    • $TUP
    • $NERV
    • $CPB
    • $ULTA
    • $NINE
    • $PRTY
    • $GOGO
    • $WTRH
    • $THO
    • $ZUO
    • $MRNS
    • $STNE
    • $UNFI
    • $SKLZ
    • $MWK
    • $TRVN
    • $BDSI
    • $MDB
    • $WPM
    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR THE MOST ANTICIPATED EARNINGS RELEASES BEFORE MONDAY'S MARKET OPEN!)

    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 3.8.21 Before Market Open:

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

    Monday 3.8.21 After Market Close:

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

    Tuesday 3.9.21 Before Market Open:

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

    Tuesday 3.9.21 After Market Close:

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

    Wednesday 3.10.21 Before Market Open:

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

    Wednesday 3.10.21 After Market Close:

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

    Thursday 3.11.21 Before Market Open:

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

    Thursday 3.11.21 After Market Close:

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

    Friday 3.12.21 Before Market Open:

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

    Friday 3.12.21 After Market Close:

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

    (NONE.)

    AMC Entertainment Holdings, Inc $8.05

    AMC Entertainment Holdings, Inc (AMC) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, March 10, 2021. The consensus estimate is for a loss of $2.89 per share on revenue of $155.19 million and the Earnings Whisper ® number is ($4.23) per share. Investor sentiment going into the company's earnings release has 25% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 925.71% with revenue decreasing by 89.28%. The stock has drifted higher by 244.0% from its open following the earnings release to be 71.3% above its 200 day moving average of $4.70. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, March 3, 2021 there was some notable buying of 108,187 contracts of the $1.00 put expiring on Thursday, April 1, 2021. Option traders are pricing in a 22.3% move on earnings and the stock has averaged a 7.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    JD.com, Inc. $90.62

    JD.com, Inc. (JD) is confirmed to report earnings at approximately 5:50 AM ET on Thursday, March 11, 2021. The consensus earnings estimate is $0.19 per share on revenue of $33.90 billion and the Earnings Whisper ® number is $0.25 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 57.78% with revenue increasing by 38.27%. Short interest has decreased by 18.6% since the company's last earnings release while the stock has drifted higher by 2.4% from its open following the earnings release to be 17.3% above its 200 day moving average of $77.28. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, February 17, 2021 there was some notable buying of 7,146 contracts of the $135.00 call expiring on Friday, March 19, 2021. Option traders are pricing in a 8.2% move on earnings and the stock has averaged a 7.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    DocuSign $204.31

    DocuSign (DOCU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, March 11, 2021. The consensus earnings estimate is $0.22 per share on revenue of $407.65 million and the Earnings Whisper ® number is $0.29 per share. Investor sentiment going into the company's earnings release has 85% expecting an earnings beat The company's guidance was for revenue of $404.00 million to $408.00 million. Consensus estimates are for year-over-year earnings growth of 120.00% with revenue increasing by 48.29%. The stock has drifted lower by 16.6% from its open following the earnings release to be 3.3% below its 200 day moving average of $211.25. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, March 5, 2021 there was some notable buying of 2,182 contracts of the $220.00 call expiring on Friday, April 16, 2021. Option traders are pricing in a 10.7% move on earnings and the stock has averaged a 9.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    XPeng Inc. $28.03

    XPeng Inc. (XPEV) is confirmed to report earnings at approximately 4:00 AM ET on Monday, March 8, 2021. Investor sentiment going into the company's earnings release has 64% expecting an earnings beat. The stock has drifted lower by 23.2% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, February 25, 2021 there was some notable buying of 18,718 contracts of the $25.00 put expiring on Friday, March 19, 2021. Option traders are pricing in a 16.1% move on earnings and the stock has averaged a 33.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Tattooed Chef Inc. $19.12

    Tattooed Chef Inc. (TTCF) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, March 10, 2021. The consensus earnings estimate is $0.03 per share on revenue of $39.05 million and the Earnings Whisper ® number is $0.04 per share. Investor sentiment going into the company's earnings release has 90% expecting an earnings beat. The stock has drifted lower by 0.1% from its open following the earnings release. On Thursday, January 21, 2021 there was some notable buying of 2,046 contracts of the $40.00 call expiring on Friday, January 21, 2022. Option traders are pricing in a 17.1% move on earnings and the stock has averaged a 13.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Niu Technologies $33.55

    Niu Technologies (NIU) is confirmed to report earnings at approximately 2:00 AM ET on Monday, March 8, 2021. The consensus earnings estimate is $0.09 per share on revenue of $95.16 million and the Earnings Whisper ® number is $0.11 per share. Investor sentiment going into the company's earnings release has 70% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 18.18% with revenue increasing by 23.57%. Short interest has increased by 170.9% since the company's last earnings release while the stock has drifted higher by 2.1% from its open following the earnings release to be 27.3% above its 200 day moving average of $26.35. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, February 25, 2021 there was some notable buying of 10,356 contracts of the $35.00 put expiring on Friday, March 19, 2021. Option traders are pricing in a 20.3% move on earnings and the stock has averaged a 4.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    CarParts.com, Inc. $16.16

    CarParts.com, Inc. (PRTS) is confirmed to report earnings at approximately 4:00 PM ET on Monday, March 8, 2021. The consensus estimate is for a loss of $0.10 per share on revenue of $91.97 million and the Earnings Whisper ® number is ($0.07) per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 85.71% with revenue increasing by 46.08%. Short interest has decreased by 5.5% since the company's last earnings release while the stock has drifted higher by 14.9% from its open following the earnings release to be 26.4% above its 200 day moving average of $12.78. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, January 27, 2021 there was some notable buying of 3,469 contracts of the $20.00 call expiring on Friday, March 19, 2021. Option traders are pricing in a 23.1% move on earnings and the stock has averaged a 13.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    DICK'S Sporting Goods, Inc. $71.69

    DICK'S Sporting Goods, Inc. (DKS) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, March 9, 2021. The consensus earnings estimate is $2.21 per share on revenue of $3.05 billion and the Earnings Whisper ® number is $2.98 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 67.42% with revenue increasing by 16.92%. Short interest has decreased by 21.0% since the company's last earnings release while the stock has drifted higher by 21.5% from its open following the earnings release to be 31.9% above its 200 day moving average of $54.34. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, February 1, 2021 there was some notable buying of 522 contracts of the $100.00 call expiring on Friday, June 18, 2021. Option traders are pricing in a 10.3% move on earnings and the stock has averaged a 7.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    ContextLogic Inc. $17.77

    ContextLogic Inc. (WISH) is confirmed to report earnings after the market closes on Monday, March 8, 2021. The consensus estimate is for a loss of $2.13 per share on revenue of $736.10 million and the Earnings Whisper ® number is ($1.89) per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat On Friday, February 26, 2021 there was some notable buying of 5,486 contracts of the $15.00 put expiring on Friday, April 16, 2021.

    (CLICK HERE FOR THE CHART!)

    Stitch Fix, Inc. $73.00

    Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Monday, March 8, 2021. The consensus estimate is for a loss of $0.22 per share on revenue of $512.37 million and the Earnings Whisper ® number is ($0.06) per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat The company's guidance was for revenue of $506.00 million to $515.00 million. Consensus estimates are for earnings to decline year-over-year by 300.00% with revenue increasing by 13.41%. Short interest has decreased by 58.5% since the company's last earnings release while the stock has drifted higher by 43.1% from its open following the earnings release to be 74.0% above its 200 day moving average of $41.96. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, March 1, 2021 there was some notable buying of 708 contracts of the $90.00 call expiring on Friday, April 16, 2021. Option traders are pricing in a 23.7% move on earnings and the stock has averaged a 16.9% 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 week and month ahead r/StockMarket.

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

    Big Trade in Oshkosh Shares Before Postal Award Spurs Questions

    Posted: 06 Mar 2021 04:23 PM PST

    The Reality of Day Trading Stocks In 2021

    Posted: 06 Mar 2021 09:54 AM PST

    2021 has been off to a wild start in the stock market! There's price movement like never before with countless massive runners and massive trading opportunities on a daily basis. Essentially... everythinghas been going up with some serious momentum since the market found its bottom nearly a year ago at the peak of the COVID-19 lockdown. See exhibit A & B below showing the Russell 2000 (small cap index) being up approximately 140% and the S&P 500 (large cap index) being up approximately 80%.

    https://imgur.com/a/zFetDU6

    With everything going up and and some massive pump and dumps everyday, seemingly everyone has been making a killing in this market. However, the purpose of this blog is to view the current market conditions as realistically as possible and cover some important lessons that will hopefully save you some money when the market inevitably slows back down.

    Don't get me wrong, I hope this price action stays for good but that most likely won't be the reality. Eventually the 1,000% runners will "only" be 100% runners and people will be less eager to chase some of these stocks up to new highs. When that time comes it's important to be prepared for it because as nice as the market has been to us traders lately, it's also allowed many new traders to get away with some very bad habits that will prove to be costly when the market is no longer so forgiving. Take $SCKT for example:

    https://imgur.com/a/LDBY1hr

    In a single day we saw this stock run from the low $3.00s to a high of $35.00! That means that there were probably countless inexperienced traders chasing this stock up 100%, 200%, and even 800%+ with no strategy or plan that were still able to make a nice return on their trade. Odds are, if they were to do the same in a more timid market, they end up with a loss on their hands. Plus, it definitely seems like there's no shortage of new traders lately. Everyone and their mother has turned into a day trading fiend since the GameStop short squeeze made it so mainstream. All of this new retail demand along with the fear of missing out on the next crazy runner have played a huge role in these newfound market conditions.

    With all of that being said, here are some important things to keep in mind while still taking advantage of these current market conditions:

    1. Risk Management is key: As funny as some of the memes may be... having "diamond hands" is essentially a guaranteed way to eventually become a bag holder. Managing risk is and always will be a major part of long-term, successful trading. Remember, it only takes one major loss to wipe out days, weeks, months, and even year of consistent gains! A scary thought, but it's not something you have to worry about if you take the precautions by having risk levels and/or stop loss orders.

    A really great and widely-known example of the importance of risk management is the recent spike in GameStop's stock, $GME. The hedge funds heavily short-selling $GME should have been quicker to cut their losses before taking part in the massive squeeze that ultimately costed them billions of dollars. Similarly, the retail traders that were chasing the stock up near the highs, expecting it to run to $1,000+ per share should have been much quicker to cut losses once things started to get ugly. I'm sure "diamond hands" that are still holding their positions from $400 or higher are wishing they would have managed risk and cut losses long ago now that the stock is currently back to trading in the low $100s.

    https://imgur.com/a/wIwaLUk

    2. Penny stocks are penny stocks for a reason: With there being so many penny stocks rocketing "to the moon" lately, it can be easy to buy into some of the hype that's being shared on social media (Twitter, Stocktwits, YouTube, even TikTok). At the end of the day, penny stocks are penny stocks for a reason! They're generally not ultra-successful, profitable companies like blue chip stocks may be and, odds are, they're not going to be the next Apple, Amazon, Facebook, or Tesla.

    Don't get me wrong, they don't need to be any of those things to make them great day or even swing trade opportunities. However, when all the hype and pumping dies down in the stock, remember what kind of company you're actually invested in.

    3. Hope is not a strategy: Trading requires strategy and planning other than blindly buying and hoping because some twitter pumper told you to. Again, the market has been wild lately so that may have worked over the past few weeks, but that doesn't mean it will work nearly as well a few weeks from now. While strategies will always need occasional tweaks to fit current market conditions, learning real strategies is the only way to truly set yourself up for consistency in any market condition.

    Whether you learn strategy relying on technical analysis, fundamental analysis, or a combination of both, it's going to give you some kind edge over some of your completion who may just be using the "buy and hope strategy."

    To summarize... the market moves in cycles and trends. What works well during one trend may not work so well in others. It's important to not lose sight of some of the fundamental trading rules regardless of current market conditions because if you do, it can lead to costly mistakes when the markets shifts!

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

    How can they all have the same trend in a day?

    Posted: 06 Mar 2021 07:26 AM PST

    Most discussed and top growing stocks of the week!

    Posted: 06 Mar 2021 07:43 AM PST

    Most discussed and top growing stocks of the week!

    I track the number of mentions and sentiment of stocks across social media. Here are the most discussed and top growing stocks in the previous week!

    ​

    Newcomers to the list are Rocket Companies and UWM holdings

    ​

    Growth signifies the rise in number of mentions

    How does it work: The program is built using Python and uses both Twitter and Reddit API to stream comments and tweets and spot tickers that are exhibiting accelerated growth. I added sentiment analysis to the findings so as to check the general sentiment (whether what is being talked about the stock is positive or negative). I had posted the previous picks from my program in reeditand the response I received was amazing. I have been working on improving the program and have made the program public in case anyone is intrested in checking out the program or running it by themselves.

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

    Wash sale adjustments: A word of caution

    Posted: 06 Mar 2021 06:15 PM PST

    To all new investors and traders like myself: I recently paid for a valuable lesson that I'd like to share. I'm sure this is common knowledge to many, but for me, this is the type of thing I only learn by diving in.

    ​

    Right up front, here is the TL;DR:

    If you sell at a loss, and purchase back at a similar price, the taxable loss will be rolled back into the cost basis of your shares as a "wash adjustment" and will permanently raise the price per share of the shares you purchased. Be aware of this.

    I recently panic sold some of my long-position shares at the beginning of this downturn. My rationale was this: If the price of these shares is going to drop below my original entry point (cost basis) anyways, I may as well sell for some small profits before it drops below, then I will buy back in at a similar/lower price and not only realize gains, but strengthen my position. I still feel good about my logic.

    However, I did not have all of the education needed to make a good decision. I hope to help others to not make the same mistake.

    My prediction was right. I sold for some small profits (around 1k, after being up much more than that) and the next day the cost dropped almost 20% lower than my original entry point several months earlier.

    So, I bought back in with small increments along the dip (not all at once) and acquired lots of shares slightly above, at, and below my original entry point. I felt quite proud of my decision and trusting my intuition an research / charting.

    I did this to find, however, that after purchasing these lots, the price of my shares was automatically adjusted to a higher cost, displaying a small 'W' icon that read "wash sale adjustment'.

    I now know that due to an IRS regulation, if you sell a company at a loss, and then buy it again within 30 days, the amount of the loss is rolled back in to the cost of the shares when you re-purchase, thereby automatically increasing your cost per share.

    So, in short, I sold thousands of shares between $3.50 and $3.60 for some profits on my original positions, however, some were at a loss. I had lots ranging from $3.11 to $4.00 per share. My total cost average was $3.49/share.

    When I purchased the shares back from $3.60 down to the floor of $3.19, the shares I purchased that were similar to those that I took a loss on were automatically adjusted up to over $4.00 per share. Now I'm holding thousands of shares at over $4.00 when I bought them around $3.50 and lower due to this IRS rule.

    submitted by /u/Less_Education_6809
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    Field Trip Health was mentioned in a Wall Street Journal podcast. This is looking promising!

    Posted: 06 Mar 2021 06:06 PM PST
    Read more
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