Stocks - r/Stocks Daily Thread on Meme Stocks Wednesday - Mar 03, 2021 |
- r/Stocks Daily Thread on Meme Stocks Wednesday - Mar 03, 2021
- r/Stocks Daily Discussion Wednesday - Mar 03, 2021
- If someone finishes their DD with ‘this could be the next GME’, I am instantly put off.
- What stocks do you believe are currently undervalued with strong growth potential?
- MATHEMATICS FOR NEW INVESTORS: Percent increase ≠ Percent decrease
- A message to all the TSLA and NIO and general investors that are selling out and panicking.
- Do Not Panic Sell
- Anyone realize they effed up buying too many stocks and now don't know what dips to buy lol?
- Why the market is not crashing:
- Regaining Control of Your Trading Plan
- What is going on with Chinese ev sector?
- (3/3) Wednesday's Pre-Market Stock Movers & News
- I’ve accepted my portfolio is going to zero.
- Defense and Aerospace stocks are undervalued and are a good opportunity for investment
- Tesla’s competitive advantage in the next decade
- Green energy: correction or bear market?
- Good news from NIO; but there are some who want you to think otherwise.
- My portfolio is tanking, do I just ride it out?
- Wondering if anyone here can offer any insight on the semiconductor sector right now.
- Mazda, Sub, Ford, etc.. why are they so cheap?
- Here is a Market Recap for today Wednesday, March 3, 2021.
- S&P 500 falls as bond yields jump once again
- Y'all worried about a crash?...
- LUMN Going up substantially again the past couple days on no substantial news
- Crispr based companies
| r/Stocks Daily Thread on Meme Stocks Wednesday - Mar 03, 2021 Posted: 03 Mar 2021 02:30 AM PST The familiar "Rate My Portfolio" sticky can be found here. Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:
An important message from our mod u/TCGYT regarding meme stocks. Lastly if you need professional help: [link] [comments]  |
| r/Stocks Daily Discussion Wednesday - Mar 03, 2021 Posted: 03 Mar 2021 02:30 AM PST These daily discussions run from Monday to Friday including during our themed posts. Some helpful links:
If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Please discuss your portfolios in the Rate My Portfolio sticky.. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| If someone finishes their DD with ‘this could be the next GME’, I am instantly put off. Posted: 03 Mar 2021 07:07 AM PST This meme stock explosion has made me even more tight and Scrooge-like with my money. I have most of money sitting in blue chip stocks like DIS & HSBC amongst many others with a small amount for playing, doing my own DD on and hoping for a 3x but settling for a small profit or loss in most cases. I love reading other people's DD, always have, and it's great to have a community that helps you cut down a bit of the work (even though you must follow up with your own reading) in potentially spotting something that could be big. However, there has been a massive spike recently of people that finish they DD with 'this could be the next GME' or something similar and as soon as I read that, I am instantly out off. Everything they have said up to that point gets a little tainted for me. I know this is completely irrational and actually a bit stupid on my part but I equate it to a restaurant that has 'The Best (insert food item)' or 'World Famous blah blah' on their menu. It puts me off instantly. Anyone else feel like this? Or am I just being snooty? [link] [comments]  |
| What stocks do you believe are currently undervalued with strong growth potential? Posted: 03 Mar 2021 04:57 AM PST I understand this market is incredibly unpredictable but what stocks do you believe are currently overlooked or simply undervalued with strong growth potential? If possible don't just list the ticker, try to add some kind of insight as to why. [link] [comments]  |
| MATHEMATICS FOR NEW INVESTORS: Percent increase ≠ Percent decrease Posted: 03 Mar 2021 11:18 AM PST In a volatile market this is important. If a stock increases by 50% one day, and then decreases by 50% the next day, how much do you have? Hint, you lost money. We've all heard this before but it's coming up a lot recently. The thing about this, mathematically, is that the bigger the % change, the more it actually matters. I.e., if you're talking about a stock that goes up 1% one day and then down 1% the next day, you've actually only lost 0.01% of value. However, in the example above at 50% volatility, you've lost 25% of the value ($100 stock goes to $150 then down to $75). At the extreme at 99% up then 99% down, you're stock is now worth $1.99. Here is a graph I made to show what the curve looks like at different % change levels: (https://imgur.com/gallery/dyb1npq) [link] [comments]  |
| A message to all the TSLA and NIO and general investors that are selling out and panicking. Posted: 03 Mar 2021 12:03 PM PST First off. Lmao. Cant tell you how many times I've been called a "boomer" for avoiding TSLA and NIO. For the people that are still holding on, good on you.....but the people panicked and selling at a loss, yikes. It's times like this where we learn the most about ourselves.
When the market goes down or one of my holdings tank. I am often reminded of Peter Lynch. He says that when you buy a company because the returns are good, when the stock goes down people don't know what to do and sell. I feel like this is a lot of y'all. Y'all bought TSLA and NIO in hopes of 7xing your money...but now that TSLA is down 25% from its ATH, and NIO is down 33%; y'all don't know what to do, so you panic and then sell. About a month ago, I found this article by Financial Samurai https://www.financialsamurai.com/risk-tolerance-is-difficult-to-measure/ I think he shares an important lesson/warning about investing. Your perceived risk tolerance is an illusion. The truth is, most of y'all (including myself) have never experienced major crashes. I know a good chunk of y'all probably started in 2020 and only experienced 2020 style returns, let me tell you that isn't normal. It's easy to say "buy and hold forever!!!" And I assume most, if not all of you say that because it's common advice and common sense, however we all have a plan until SHTF as the saying goes. It's important to keep a level head when it comes to investing. Buffett always preaches that investing doesn't take smarts, it takes guts. You can put all your money into VOO and have good returns, but if you can't stomach crashes/corrections and sell, then you won't make money. Personal way of dealing with this: When it comes to volatility, I've experienced some large 20% plus drops in prices and have held on. It's hard but I've held on and bought more during those dips because I believe in what I'm buying and know why I am buying it. I've done my DD over the companies I'm in and that gives me the confidence I need to keep going. What helps me, is not looking. I'll delete the app or turn off my computer and make myself busy. This helped me the most last spring, I used to watch it like a hawk when things would dip and I'd start to panic and think about selling. When I turn it off, that impulse goes away some. What also helped me was, before I buy anything I write down on a Word Doc, why I'm buying it; and before I sell, I write down and explain what factors changed that makes me need to sell the stock, if nothing changed, I know I'm being irrational and I need to buy the dip. So these are just my observations. Not professional financial advice but the tips are what I personally do. [link] [comments]  |
| Posted: 03 Mar 2021 01:22 PM PST Yes the red market is scary because bond yields are up, but who actually doesn't believe that it'll bounce back. You invested where you did because you thought you could make money, if the market is irrational why would you change your opinion on what you saw. I'm personally knee deep on the semiconductor industry and still believe that a giant boom is incoming so I'm staying. Would hate to see people regret selling their stock 6 months - 1 year from now because they saw red. Just some advice, never forget to do your own DD before buying or selling anything [link] [comments]  |
| Anyone realize they effed up buying too many stocks and now don't know what dips to buy lol? Posted: 03 Mar 2021 11:49 AM PST I have around 60ish stock which was doing really well most of the year. Now I don't know what dips to buy lol. I wish I stuck with 15-20 stocks. Anybody else make this same mistake and now just realizing it? [link] [comments]  |
| Why the market is not crashing: Posted: 03 Mar 2021 02:04 PM PST First off, let's go straight to the point. The last few weeks have been a bloodbath for most of the market. To many, especially new traders, this seems like a full blown market crash. Well, it's not... a market crash needs a catalyst. Think back to every single crash, whether it was the dot com bubble, the housing bubble in 08, and even the flash crash on black Monday in 87' they all had a catalyst, if not many catalysts. I keep reading over and over again in the media that the bond yeilds jumping is the reason for this market crash speculation. Let's think about this for a second though - besides the fed trying to hammer home the message to investors that the bond yeilds are absolutely no cause for concern, and actually it's not even close to reaching concerning territory yet, as well as the bond yeilds are actually signaling strength in the economy - how in the world do people come to conclusion that the market is about to crash because of this? Is there any real basis to this? Ask yourself this. Another narrative that i keep seeing the media push is "the economy is overheating". Seriously? What does that even mean? The economy is recovering so fast that the market is going to crash? This has to be the most insane thing I've read yet. I can also note that the same journalists who publish this FUD about overheating, are the same journalists who will also write that the market is crashing when there is BAD economic data (such as the job report this morning). So let's ask ourselves, how can both a booming recovery and a slow, painful recovery BOTH be ingredients for a crash? I cannot comprehend how ridiculous this is becoming. Good news = market crash, bad news = market crash. What do we need for the market not to crash? I can't talk about all of this without mentioning a wild phenomenon. My portfolio. A very well diversified array of etfs which hit almost all sectors of the market. The best thing to happen to it? A global pandemic/ lockdown. The worst thing? Economic strength indicators, covid cases plummeting and vaccines and stimulus getting pumped into the masses. Has the world gone mad? My conclusion is only this. Plain and simple, fear. Fear is what's bringing this bloodbath upon us. Panic selling over irrational news articles. Just compare the VIX (fear gauge) chart with almost every single tech stock or major company's stock chart. It's literally an inverse. A mirror image. If there is anything to take away from this is that I truly believe this is just mass hysteria and it the dust will settle. Stocks will rise again. Invest in what you believe in and avoid the FUD that's being pumped out for click bait by seemingly every news outlet. Tl;dr: there is no crash. This is panic selling on a mass scale. Don't believe the media fud - the pandemic is ending and there is light at the end of this Corona virus tunnel. Buy the dip with money you can afford to potentially lose and all shall be good again on wallstreet. Edit: I almost forgot to mention a big one: Another theory that is floating around is the market being in a bubble. This is probably the most spread rumor. This one is pretty simple to shut down I think. Earnings season was insane. Comoanjes blew estimates out of the water left and right. Banks, big tech, e commerce, etc. These are the sectors that are being targeted heavily by fud in the media. These are also the companies doing the best they ever have. So how is this a bubble? Of course, companies like tesla and gamestop (lol) can be viewed and argued as in a bubble. But these companies are few and far between. Edit#2 as someone here pointed out, the current p/e ratio is at around 40 for the s&p500. Is this really a cause for concern? The all time high for p/e of the s&p is may 2009. Arguably one of the best times in history to buy stocks as we now know. So can someone explain why this is repeatedly cited as a cause for concern? What am I missing? [link] [comments]  |
| Regaining Control of Your Trading Plan Posted: 03 Mar 2021 03:49 AM PST Hi all, I was inspired by the choppy market action to do a write up on losing control when you trade. It's extracted from my blog (no self promote, no links or sneaky sheet), maybe it resonates with you: It's about losing and regaining control on the holy grail of trading YOUR trading plan: What Happens When we Lose Control. I posted this in Daytrading but the exact same applies for investors or long term traders. Many destructive emotions or situations stir up feelings associated with loss of control. Some examples of what's happened to me in the past: You buy a stock, it goes down, you sell it to avoid losing money and it literally goes back up the next second, so you jump back in and it goes down again! Essentially, you are trying to control whether or not you make money. The obvious problem here - you don't control price. This is probably one of the most common root causes of over-trading. And comes down to a few things:
Trading is so full of paradoxes it would make you sick to your stomach, in fact, it does make some people literally sick to their stomach. The very need for control and our primitive brain is basically wired to stop us from making money. Admitting we don't know where a stock will go is the first step to recovery, and a long road it is. Example 2 (Based on the above): Holding onto losses in order to avoid the pain of "loss". There are many terms for this, for more info you can look into the disposition effect. Here we have the metamorphosis of a "trader", someone who always tells you when they are winning to an "investor", someone who holds shit stocks while they tank. Again, this ties into control (and ego) which quite frankly are like peas in a pod and feed from one another. By trying to control the outcome of a trade, we find all sorts of ways to really fuck up our trading strategy in all sorts of creative ways. The very things we try to avoid, which in "normal life can be easy", in the stock market, are impossible. If your wife/husband asks you if you look fat, you can tell a white lie. If a stock goes down and you own it, no lie will bail you out. The stock market doesn't give a shit about how much money we make or lose, it's totally objective. Therefore, saying it's "rigged" or "manipulated" is totally irrelevant because it is rigged for all of us with few exceptions. What we Can't Control The reality of trading in terms of control is simple. It's much better to avoid things we can't control as the energy expended in this way removes focus from what we can control. Very easy to say but the long term impact will be successful trading or mediocre trading. As it turns out, we can't actually control the entire world - who would have thought! Some examples:
Ironically, the things outside of our control are what freak us out of positions, push us into making rash buying or selling decisions and trigger our fight or flight reactions and derail any half-decent trading plan. I will openly admit I spend too much time on what I can't control. When it comes to people, stressful situations and even macro-economics. It is very hard to drown out the inputs from social media, friends, family and others. Even worse still is to avoid holding strong opinions on all of the So What Can we Control All is not lost though. If we could not control any variables in our stock market endeavors it would be pretty damn pointless to trade. The ingredients for success are truly found in the decisions we make in relation to:
The significant difference between what we can and can't control is this little thing called effort. It takes significant effort to find, test, understand and lose money when we start trading, the learning curve really can't be understated. Even worse, those who do well initially end up getting ruined because the precedent is set that "this is easy". That lack of experience always catches up, be it in stocks or any other pursuit. This is the Dunning Kruger effect in action. Having logged my trades for a number of years, many patterns show up and repeat themselves most notably in times of duress. For me personally this included the following - for which I now am 100% accountable.
These are just a few which were underpinned by one major theme: not following my trading plan. Sure, I still have my days and even months where I have lost control of my process and am tired, sick of everything and slip up. Yes of course, it costs me money every time and if you think I have down days because of it - you are absolutely correct. The real difference now is I know where I am going wrong, that I can improve it and make serious money trading stocks in the long run. I know what I can and can not control. It all starts with having a clear plan, a very understandable unambiguous trading system, tons of real trades and a meticulous journal to keep track of where you are winning and losing. Over time, taking these lessons and reshaping habits, patterns and hang-ups to eventually become consistent and eventually have it down to a performance art. The apex of these points is total control over what you do during the trading day, how you can manage your emotion and execute that trading plan. The ability to follow this plan and learn from will either create or destroy potential traders, especially in the long run. Very long post, sorry - I hope it helps! [link] [comments]  |
| What is going on with Chinese ev sector? Posted: 03 Mar 2021 10:17 AM PST The whole sector like NIO, xPEV , BLNK have been extremely volatile and basically tanking this past month with no news. Does anyone know what is going on? I like the companies and their long term prospects but Jesus Christ, they are dropping like 5$ a day at this point. [link] [comments]  |
| (3/3) Wednesday's Pre-Market Stock Movers & News Posted: 03 Mar 2021 05:36 AM PST Good morning traders and investors of the r/stocks sub! Welcome to Wednesday! Here are your pre-market stock movers & news on this Wednesday, March 3rd, 2021-5 things to know before the stock market opens Wednesday
STOCK FUTURES CURRENTLY:(CLICK HERE FOR STOCK FUTURES CHARTS!)YESTERDAY'S MARKET MAP:(CLICK HERE FOR YESTERDAY'S MARKET MAP!)TODAY'S MARKET MAP:(CLICK HERE FOR TODAY'S MARKET MAP!)YESTERDAY'S S&P SECTORS:(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)TODAY'S S&P SECTORS:(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)TODAY'S ECONOMIC CALENDAR:(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #1!)(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #2!)THIS WEEK'S ECONOMIC CALENDAR:(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)THIS WEEK'S UPCOMING IPO'S:(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)THIS WEEK'S EARNINGS CALENDAR:(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)EARNINGS RELEASES BEFORE THE OPEN TODAY:(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)EARNINGS RELEASES AFTER THE CLOSE TODAY:(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK!)YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)YESTERDAY'S INSIDER TRADING FILINGS:(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #1!)(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #2!)TODAY'S DIVIDEND CALENDAR:(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)THIS MORNING'S STOCK NEWS MOVERS:(source: cnbc.com)
DISCUSS!What's on everyone's radar for today's trading day ahead here at r/stocks? I hope you all have an excellent trading day ahead today on this Wednesday, March 3rd, 2021! :)[link] [comments]  |
| I’ve accepted my portfolio is going to zero. Posted: 03 Mar 2021 11:59 AM PST I was heavily invested in tech stocks and EV. I still believe in the companies, but I have zero confidence in my portfolio for the short term. The unfortunate part is that I had an unexpected expense pop up and it would be great to sell some stock and pay for it (I have savings and it's not a big deal, but I'll have to pay extra interest so it's still a bummer). What's funny is that I was just about to sell most of my profits in early Feb. and move into index funds. But I was just a tiny bit below my price targets for pulling out. I just hope the stocks I have are worth money again someday. But I think we are in full value mode now and a slow market. I knew this would happen at some point, but I gambled that it wouldn't be the case for a few more months. No real point to this post. Just venting and I will be fine. I'm just annoyed with the timing. I can't even average down because all my savings are going to this expense. I don't think my portfolio will be green again for years lol. [link] [comments]  |
| Defense and Aerospace stocks are undervalued and are a good opportunity for investment Posted: 03 Mar 2021 04:19 AM PST Since the crash of 2020, many sectors have recovered and are trading at pre-pandemic levels (looking at you Tech). Defense and Aerospace is one of the few sectors that are still trading at a massive discount. Big names such as Raytheon Technologies (RTX), General Electric (GE), and Lockheed Martin (LMT) can be grabbed at a discount. My favorite being Lockheed Martin. Lockheed Martin has had a phenomenal decade with revenues and profits growing about an average of 9.5% YoY. its profit and operating margins are sitting at a healthy 10 and 13% respectively. With deep ties to the US government and a steady increase in military budgets (who represent 70% of sales) as well as any hint of potential conflicts directly benefit the company. Other options to capture the sector exist such as the DFEN ETF (though should be warned it is leverage, hence the very strong price drop) or the more general ITA ETF. Disclaimer. I own all 3 of the stocks mentioned. Picked up GE and Raytheon in December and recently took up Lockheed. They seem like great value and have provided steady returns and are one of the few sectors left that are still trading at undervalued prices. I believe the weak sectors are bound for a rebound due to the great rate of vaccine uptake that will subsequently lead to a new economic cycle starting. Companies that have a solid business as is in this case will profit even more. Thank you for reading. My other top picks include Exxon and BP (Oil and Gas, though they are no longer trading at the same discount but still have some room for growth with essential business and good dividends), Wells Fargo and JP Morgan (Banks and financial services), Kelloggs (undervalued consumer staples, which will benefit from a strong economic recovery) and Simon Property Group and WP Carey (solid dividend-paying REITs which are also undervalued). [link] [comments]  |
| Tesla’s competitive advantage in the next decade Posted: 03 Mar 2021 04:49 AM PST I would like to get some insight from both Tesla bulls and bears on where they think Tesla goes from here. My gut tells me that TSLA is not more valuable than all the world's other car companies combined. They have first-mover advantage in EVs but I feel like other car companies will close this gap quickly. Established manufacturers have the infrastructure in place and after some initial costs and challenges converting to EV I think at least some will emerge as viable contenders. This leads me to question tsla share price over the next decade, as they no longer are the only really impressive EV. This is just a gut feeling I would love to hear better insight either way. [link] [comments]  |
| Green energy: correction or bear market? Posted: 03 Mar 2021 01:26 PM PST Since mid-February, most green energy stocks are down, including the following ETFs: TAN: -21% ICLN: -22% PBW: -23% QCLN: -20% The drop appears to be across the whole sector. Has green energy moved from a correction to a bear market? And if so, why? [link] [comments]  |
| Good news from NIO; but there are some who want you to think otherwise. Posted: 02 Mar 2021 07:01 PM PST Hey everyone, So we recently got NIO's 2020 Q4 and full year financial results. Some highlights include: 1) $2.5 billion reached for annual revenue 2) Gross margins grew to 17.2% 3) Positive full year operating cash flow 4) $6.5 billion in the war chest as of 31st of December 2020 5) Q1 deliveries expected to be above 20,000 EVs Overall, NIO has shown amazing improvements; they've definitely come a long way, and to anyone who can look at the results honestly, it's evident that NIO will be much higher in the future. One of the reasons I say this is because of what we're seeing from the media trying to spin this situation negatively; and while it is true that anxiety regarding semiconductors and batteries can limit NIO's production, from the information we have, it doesn't appear it will have much of an effect. In the earnings call, NIO's CEO Willie Li Bin (NIOgang's homeboy) said that NIO will be producing 7,500 EVs in the second quarter 2021 until July wherein the production capacity will increase to 12,500--meaning an annual 150,000 EV production; it's also knows that this will potentially double again to 300,000 in 2022--meaning 25,000 NIO EVs produced a month. It should also be knows that yes NIO's deliveries were down in February, but this is due to the Lunar new year holiday; literally people were not at work. But interestingly, NIO delivered 5,578 in February, beatings Xpeng's 2,223. If you go to some of the forums like Stocktwits or Twitter, there's bears/shorts deliberately trying to scare people to sell--as if what's written above is bad news. Here's the link for the 'bad news' these fearmongers are dragging out. Take the supposed EPS miss by NIO: as the analyst Edison Yu points out, the EPS miss is misleading because it was actually due to the FX loss (the weak USD hurting NIO's cash balance). Basically not NIO's fault. Here's the link to his statement. The fact that NIO is ramping up production (remember that even at 7,500 this is more than their monthly deliveries in 2020); the fact that NIO has openly said they're entering Europe in H2 (link); the fact they have $6.5 billion now; the fact that production will be 12,500 from July, and 25,000 in 2022--all of these show how much of a winner NIO is, and why NIOgang will stay strong. But watching all the negativity, it definitely reminds me of last year around this time, before NIO went up over 1,000%. I think it could happen again. I think about it while I'm at work; and I remember that it was Reddit where I first found NIO, and NIOgang We've gotten fantastic news recently; don't let the haters drag us down. I like the stock. [link] [comments]  |
| My portfolio is tanking, do I just ride it out? Posted: 03 Mar 2021 01:02 PM PST I am pretty good at being mentally prepared for a loss but sometimes this can be too much. All my stocks are in red, some of them are not even tech stocks and now it's making me scratch my head. I am holding on for dear life at this point. 6K loss on paper. I hand picked these stocks and now I am wondering if I should re think everything. I cant buy the dip anymore because I have no more to give unless I throw emergency funds at it (not going to do that). Should I just wait a month and not look at it? Disney is the only one that is somewhat doing okay, still in red but it's not killing me. AAPL (10.55%) CHGG (13 58%) CRWD (7.85%) DIS (1.25%) PYPL (12.21%) SHOP (12.40%) Other investments non techstocks (8.2%) [link] [comments]  |
| Wondering if anyone here can offer any insight on the semiconductor sector right now. Posted: 03 Mar 2021 11:42 AM PST Like many people, I'm taking a big hit in tech right now, specifically semiconductors. Even MORE specifically, 3x semiconductor (SOXL), so I feel the moves 3 times as hard. I've been able to effectively day trade it and take ~8% profits on upswings, cash out, and rebuy on -7%ish downswings, and that's worked so far. HOWEVER, the week has been brutal, as the downswings are seriously outpacing the ups. Anyone have any thoughts? Am I about to go bearish on Tech? Thanks. [link] [comments]  |
| Mazda, Sub, Ford, etc.. why are they so cheap? Posted: 03 Mar 2021 02:25 PM PST Im a little confused hopefully someone can enlighten me. Why are the car manufacturer stocks so low? Mazda under $5? They have multiple car of the year awards... ford like $10... Tata motors is double everyone else, then you have Tesla through the roof.... Any theory on if these changes or how they would ? With everyone going electric.... Maybe just too much volume? I cant put my finger on it... [link] [comments]  |
| Here is a Market Recap for today Wednesday, March 3, 2021. Posted: 03 Mar 2021 02:06 PM PST PsychoMarket Recap - Wednesday, March 3, 2021 Stocks fell for the second straight day, with technology stocks dropping sharply as the Treasury yield ticked higher once again. The S&P 500 fell 1.3%. The Nasdaq Composite fell 2.7%, the second consecutive decline for the tech-heavy index. The Dow Jones Industrial Average held up better, edging down 0.4%. President Biden said his administration expects to have enough COVID-19 vaccines for any adult that wants it by the end of May, pulling the targets two months closer than the previous government estimate. As a reminder, over the weekend, Johnson & Johnson's (JNJ) single dose vaccine received emergency use authorization from the Food and Drug Administration (FDA), making it the third coronavirus vaccine available in the US, following Pfizer (PFE) and Moderna (MRNA). Drugmaker Merck (MRK) announced it was going to help Johnson & Johnson produce its coronavirus vaccine. In other news, lawmakers in the Senate are set to begin debating President Biden's $1.9 trillion stimulus, which was passed by the House of Representatives recently. Democrats are racing to push the legislation forward before the mid-March expiry of augmented Federal unemployment benefits. Republicans do not support the bill because of its size, but through a process called reconciliation. Reconciliation is a way for Congress to enact legislation on taxes, spending, and the debt limit with a simple majority (51 votes, or 50 if the vice president breaks a tie) in the Senate, avoiding the threat of a filibuster, which requires a 60 vote supermajority to overcome. Because Democrats have 50 seats in the Senate—plus a Democratic vice president—reconciliation is a way to get a tax-and-spending bill to the president's desk even if all 50 Republicans oppose it The likelihood of more stimulus and widespread business reopenings as the vaccine is distributewd has raised the specter of both speedy growth in the U.S. economy and rising inflationary pressures. Last week's jump in Treasury yields – with the benchmark 10-year yield reaching a one-year high of 1.61% – remains fresh in the minds of investors, who have been eyeing the rise in interest rates as a possible hindrance to the recovery and deviation from last year's ultra-low borrowing costs backdrop. The 10-year Treasury yield currently sits at 1.48% at the time of writing. Highlights
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| S&P 500 falls as bond yields jump once again Posted: 03 Mar 2021 12:09 PM PST https://www.cnbc.com/2021/03/02/stock-futures-flat-in-overnight-trading-after-tuesdays-losses.html The weakness came as the 10-year Treasury yield extended its gains. The benchmark rate climbed more than 8 basis points to 1.49% Wednesday after surging to a high of 1.6% last week in a move that some described as a "flash" spike. The continuous rise in bond yields is raising concerns about equity valuations and a pickup in inflation. People should be expected there will be red days like today. It is always better to set aside some cash and buy stocks in these red days. Msft, aapl, amzn and many other big techs are some of the long term holding stocks that are trading at the attractive level. [link] [comments]  |
| Y'all worried about a crash?... Posted: 03 Mar 2021 11:00 AM PST I mean I can understand thinking that prices are overinflated lately.. but it has already past due to RED February, when most index was down and tech was -10-20% red everywhere. What I don't get is how many bears are predicting a crash.. Vaccines on the horizon as per the president.. more people are getting tested and businesses have already began to adapt to post covid life. PLUS we are about to get a fat stimulus to kick spring into gear.. I have some bear positons.. and some bull positions... But those thinking of a crash need to re-evaluate situational awareness.. Just my 2c... Anyone else? [link] [comments]  |
| LUMN Going up substantially again the past couple days on no substantial news Posted: 03 Mar 2021 07:48 AM PST A little over a month ago the same thing happened, and it ran up to $16 before dropping back down below $12. Does anyone know what's going on? It's up 6.5% already today. Other than them paying a dividend on Friday and attending some tech conference, I don't really know what news they're up on. Short sellers giving up again? Stock is up to $13.69 when it was barely above $12 just a couple days ago [link] [comments]  |
| Posted: 03 Mar 2021 07:03 AM PST Back during the 3rd & 4th quarter of 2020, I sold most of my short positions and, very stupidly, impulsively re-invested heavily in Crispr based companies such as CRSP, EDIT, NTLA, CRIS & ARKG. It was purely speculative and based solely on the belief that this form of medical therapies are/will be the future. For a while I was confident in my belief, seeing each ticker jump and eventually even reach their 52 week highs. Unfortunately currently they've all sunk back. This is my heaviest set back so far, but not one I'm afraid of. I'm just concerned it will take longer than expected to free up my capital to better invest elsewhere and properly apply my lessons better for future investments. My question is: if anyone knows, what can I expect for the short term future? What's the outlook for these companies? A lot of my research is done through Google News, advice and really reading through forums. Although my educational background is in finance, I've never made use of my background to do any real due diligence and definitely have imposter syndrome. I've had an amazing streak since I've began investing but this was the riskiest thing I've done so far, and it's definitely a lesson learned. Any advice would be appreciated [link] [comments]  |
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