Stocks - r/Stocks Daily Thread on Meme Stocks Friday - Mar 05, 2021 |
- r/Stocks Daily Thread on Meme Stocks Friday - Mar 05, 2021
- r/Stocks Daily Discussion & Fundamentals Friday Mar 05, 2021
- Word of advice from someone who was like many of you:
- Motley Fool is bogus!
- Preplanned dip before stimulus
- eToro has flagged my honest review on Trustpilot (after their last outage) as "not genuine"
- Here's a thought for tomorrow
- Oversold Conditions for NIO
- Begun, the Mortgage Wars have
- Bear Market has Begun - Insiders are Unloading
- rigged. Nasdaq turns on a dime today at 12.5% decline from all time highs. like September 2020. How to think like big money?
- Basics for new investors
- Yearly dividends: Norwegian and Danish stocks with 10%, 15%, 30% dividend.
- Berkshire Hathaway
- Where's all the money going?
- What are your underrated/undervalued stock picks next week?
- Here is a Market Recap for today Friday, March 5, 2021.
- What's with today's soul-crushing midday drop?
- A lot of new investors are feeling first time loss
- The past few weeks have taught me how to be an investor rather than a trader.
- What was the subreddit like during March 2020's market crash?
- I believe EV stocks are doomed in the long run.
- Am I Crazy to think ARK funds are mostly still crazy undervalued?
- This downside is all part of investing for exponential growth
- Invest more at current prices?
r/Stocks Daily Thread on Meme Stocks Friday - Mar 05, 2021 Posted: 05 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 & Fundamentals Friday Mar 05, 2021 Posted: 05 Mar 2021 02:30 AM PST This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post. Some helpful day to day links, including news:
Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well. See the following word cloud and click through for the wiki: If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" 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. Useful links:
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments] |
Word of advice from someone who was like many of you: Posted: 05 Mar 2021 08:14 AM PST I know it's annoying. Another one of those, "Don't sell, it's going to be okay" posts. I used to check my stock app every minute and sold because I got nervous and uncomfortable. I would see gains that have made insane money disappear and sell off trying to hopefully get back at a lower price. From personal experience, I would encourage many of you to take one hard look at your stock portfolio right now and ask yourself if this is a company you see being able to exist in the long-term future. If the answer is no, you should cut some of your position or get rid of it. If the answer is yes, sit back, maybe liquidate a few shares, but don't get uneasy about it. It's the stock market - you win some, you lose some. If the company you own isn't going through a fundamental change such as a huge decrease in revenue or an SEC investigation, stop being upset. If I never sold a single share of any company from the day I started investing, I would likely be a millionaire right now with an initial investment of $30,000. Don't make the same mistake I did. Buy companies you trust and can reasonably see being a sustainable business and just ride it. More often than not, you're going to end up green. From what I see now, there are going to be a ton of opportunities to get in on some stocks soon. You should be putting more attention on what you should buy rather than what you should sell right now. [link] [comments] |
Posted: 05 Mar 2021 10:05 AM PST Anytime I ever type a ticker symbol into google, of course Motley Fool comes up in the results. In the beginning, I very quickly learned they are in fact the Fool. The writers are only trying to push their own agenda that will help make themselves money in the stock market. The are not trying to provide solid advice to help you and I. Moral of the story: don't be foolish and follow a fools' advice. [link] [comments] |
Preplanned dip before stimulus Posted: 04 Mar 2021 10:15 PM PST Don't listen to the noise. This dip is not money allocations from tech to other sectors. Before every major spending bill, the markets take a dip, weak hands get shuffled and big fingers make money on the way down selling contracts then they buy the dip and make more on the way up. We have $2T spending bill which will pass soon, that's a lot of digital money being injected into the economy, ton of it will go into the stock market, the markets will climb back up starting mid march all they way to August in my estimation and spy will hit $400 easy. Remember it hasn't hit it yet. Buy at the 370 spy levels. Disclaimer. Not a financial advisor you make your own decisions. [link] [comments] |
eToro has flagged my honest review on Trustpilot (after their last outage) as "not genuine" Posted: 05 Mar 2021 08:00 AM PST Just a small note to anyone looking for a possible broker: looks like eToro are trying to hide the fact that they've massively shat the bed when it comes to service quality. I guess their money goes to ads instead of infrastructure. So I have to provide some proof of service to Trustpilot, or the review disappears. Background: the last few times when the market has dropped significantly within one workday, eToros platform has crashed. The last time it was even down for over 16 hours. [link] [comments] |
Posted: 04 Mar 2021 07:52 PM PST Close your trading app tomorrow. If the market is down, then it is down. Constantly refreshing your app and getting anxious over losses isn't going to do you any good. If anything, you will sell at a loss and the come to Reddit to bitch or whine, seek confirmation bias or ask short sighted questions. Just close your app. Enjoy your weekend. This is a correction and it is healthy. Stocks can't always go up. That would be unhealthy. [link] [comments] |
Posted: 05 Mar 2021 05:05 AM PST https://www.nasdaq.com/articles/oversold-conditions-for-nio-2021-03-04 "Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Thursday, shares of NIO Inc (Symbol: NIO) entered into oversold territory, hitting an RSI reading of 29.7, after changing hands as low as $37.59 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 41.2. A bullish investor could look at NIO's 29.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side." The RSI is still sitting below 30. [link] [comments] |
Posted: 05 Mar 2021 08:16 AM PST Yesterday Matt Ishbia, CEO of United Wholesale Mortgage ($UWMC), declared war on his main competitors Rocket Mortgage ($RKT) and Fairway Independent Mortgage (not publicly traded) in a company update done on Facebook Live. Watch here: https://fb.watch/423ZojMyjC/ Wholesale lending to consumers through a network of independent mortgage brokers is UWMC and FIM entire business and makes up about 25% of RKT's. Ishbia said UWMC will no longer work with mortgage brokers that work with either RKT or FIM claiming that the other two companies use slimy tactics that hurt mortgage brokers. They are requiring that every mortgage broker sign an addendum by March 15 agreeing to not work with RKT or FIM. UWMC said that they had heard from about 580 mortgage brokers by last evening and that 550 had signed the addendum (there are an estimated 40,000 brokers in the US according to the Association of Independent Mortgage Experts) This will be a disaster for someone. If UWMC can successfully prevent brokers from working with anyone but them, it will destroy FIM and put a big hole in RKT's income statement. If it doesn't work and brokers continue to work with RKT and FIM, UWMC will fall apart unless they backtrack on their ultimatum. [link] [comments] |
Bear Market has Begun - Insiders are Unloading Posted: 05 Mar 2021 08:46 AM PST I'm sure this post will be downvoted into oblivion but I think a lot of people are ignoring the warning signs everywhere. I was ridiculed and laughed out of the room when I brought it up a couple weeks ago and mentioned that I had bought SQQQ. I think it's foolish to be advising people to 'just buy more' when every major indicator shows that markets are overvalued and overdue for a major correction. I'm old enough to remember the dot com crash and I learned two things; there's such a thing as 'ahead of its time' and EPS matters. When companies report losses quarter after quarter and their share prices continue to rise, you're living in a house of cards. What we've seen over the last year has been speculation that's not all that far out of line with the dot com boom. Insiders have been unloading and BofA has called the top. Bezos, Zuckerberg, Palihapitiya, and many others have been unloading. I'm no financial advisor but I think that continuing to buy right now is a bad idea. I don't think we're even close to the bottom. [link] [comments] |
Posted: 05 Mar 2021 12:44 PM PST Is this a fake out? Is big money buying back in now that everything looks cheap? The pullback from last september was 14% from all time highs. The one in october was 10.3% Does anyone remember the reasons for those pullbacks? Of course they say don't try to time the market, but surely there must be indicators and gossip that the market is about to take a turn. big money pulls the rug, taking profits, and jumps back in just in time to buy everything that is oversold. Wouldn't you like to do the same? how can we think more like big money? [link] [comments] |
Posted: 05 Mar 2021 07:59 AM PST There have been a lot of new investors who have started out the past few months (or even last year) that are frustrated/concerned/worried with this recent downturn. This is a post of very basic guidelines when it comes to trading and investing, and I think it's important info regardless of the current state of the market. Note - I am not a financial advisor, but these are general rules I think everyone should think about before they buy in.
Conclusion - Decide what you're willing to invest (and possibly lose), what your timeline is, how much risk you're willing to accept, and then find the right investment vehicle to achieve it. Thanks for reading, and best of luck! [link] [comments] |
Yearly dividends: Norwegian and Danish stocks with 10%, 15%, 30% dividend. Posted: 05 Mar 2021 05:50 AM PST I'm quite new to stocks, never even received dividends before. But I noticed that many Norwegian/Danish stocks has dividends of 10-15%. And one even has 30%. Have you ever seen this on NYSE/Nasdaq, or anywhere else? I made a list, for my own use later: Stock name and ticker. Last day to buy it (for dividends). Dividend percentage of share price: ABG Sundal Collier Holding $ABG: (NE). 2021-4/21. 10%. North Energy $NORTH: (NE). 2021-4/15. 13.15%. Byggma $BMA: (NE). 2021-5/28. 30%. SPAREBANKEN SØR $SOR: (NE). 2021-3/26. 10.2%. Surnadal Sparebank $SUSB: (NE). 2021-3/25. 7%. Alm. Brand $ALMB: (DK). 2021-04-27. 10.3%. Treasure $TRE: (NE). 2021-03-19. 7.77%. If I got it correctly, if I put 1 000 000 into Byggma shares, I will get 3787 shares. Which will grant me 302 960 NOK in dividends. Am I missing something here? This sounds too good to be correct. From their Q4 financial report: https://www.byggma.com/media/6800/byggma-asa-4kv-2020.pdf Dividend: (page 8) "The Byggma Group has accumulated a significant excess liquidity. The board proposes to pay out parts of the excess liquidity to the shareholders by proposing to the general meeting to pay out NOK 80:- per share." They're paying high dividends this year due to "excess liquitity".... XD Where's the financial crisis? [link] [comments] |
Posted: 05 Mar 2021 10:05 AM PST This is a time to learn, breathe, watch, and plan. Not a time to act...yet. One suggestion I offer to everyone, and it is something I do myself: I keep about 15% of my portfolio in BRKB at all times. I added tremendously in last year's ~175 range, and have dealt with questioning and at times outright ridicule as to why I would sideline a significant portion of my portfolio when it has under performed the s&p500 for the last 15 years. I also keep 10-20% in VOO. Another 40% is spread out among ETFs, and the remainder home run swings. But I want to focus on precisely why Berkshire Hathaway is such a valuable investment vehicle so that many of you can consider it in the future. Now is not the time to buy. Once all of this blows over and people are back to fetishizing growth, there may be some great entry opportunities. But it should not be looked at as purchasing an individual stock—instead you are buying a mindset toward diversifying amongst value assets. It's insurance giant that diversifies on a time-tested philosophy and acts as insurance for your portfolio. Since I added back last year it's up 40%+ and is carrying my portfolio through the turmoil. You don't even have to own a lot to make it a winner. But when the market acts like this it really makes things easier psychologically. There are concerns, of course. Warren isn't going to live forever, and the company has been hesitant to capitalize on some major opportunities. But I imagine they may make some moves here that we will hear about later on if value presents itself. And the succession plan has been meticulously considered, just as Buffett's investments are. But anyway—plug for a company that is boring and overlooked, but run by guys who get this stuff better than all of us combined. Edit: Oh to add—I also manage my mom's portfolio. About 50% is in BRKB, 25% VOO, and 25% in VGT+VCR. She's unfazed by the dip, may even be up now. [link] [comments] |
Posted: 04 Mar 2021 11:53 PM PST Rates are rising because bonds are selling off. Equities are overall selling off as well. Commodities dropped today too. So where is all the money going? Is everyone just selling everything and sitting on cash? I'm not really seeing much inflows into any other asset type. The money just seems to be.... out of the markets. The whole "there is an alternative" theory doesn't make sense because if people were buying bonds, rates wouldn't be rising. And if inflation is the main fear driving the sell off, why are precious metals selling off? Honestly, I feel like everyone is just trying to find an excuse for the selloff. Everything is tanking, for no discernible reason. Even the stuff that's doing well is just dropping less. The only question I have at the moment is where the money is going. For those of you who sold anything significant, did you do anything with the cash? If not, what are you waiting for? [link] [comments] |
What are your underrated/undervalued stock picks next week? Posted: 05 Mar 2021 11:51 AM PST As this week ends, do you have any stock picks for next week or even the end of today? What do you think would do well in the future and why? It can also be any stock as long as you think it has potential for growth. [link] [comments] |
Here is a Market Recap for today Friday, March 5, 2021. Posted: 05 Mar 2021 01:31 PM PST After falling steeply in the morning, the major indices reversed to finish firmly in the green as market participants digested the Labor Department February Unemployment report, rising Treasury yields, and developments surrounding stimulus. The US added back the most jobs in four months in February, as falling coronavirus cases, an increase in the pace of vaccinations, and easing social distancing guidelines are allowing many businesses to reopen. Non-farm payrolls rose by 379,000 in February, or well above the 200,000 expected. The unemployment rate dipped to 6.2%, unexpectedly improving compared to January's 6.3%. The February jobs report also included a notable upward revision to payroll. January's payroll gain was revised up to 166,000 from the tepid 49,000 previously reported. In response to the positive jobs reports, Treasury yields rose once again to hover near its one-year high. The 10-year Treasury yield hit a high of 1.6% today before dipping to 1.557% at the time of writing. As a reminder, high expectations of economic growth causes Treasury yields to rise as the demand for bonds drops in order to make them more attractive. Rising interest rates hurt high-growth stocks the most because high-growth companies generate most of their cash and earnings years down the road. Future cash decreases in today's dollars as rates increase partly because investors have more opportunity to earn bigger returns from assets paying higher interest and dividends right now. During a public appearance Thursday afternoon, Federal Reserve Chairman Jerome Powell said Thursday that the central bank will be "patient" in keeping interest rates near zero, even if inflationary pressures start to rise. Powell cautioned that as the COVID-19 vaccine rollout continues, the Fed could see signs of rising prices amid surging consumer spending. But the Fed chairman noted that he does not expect higher inflation to turn into anything resembling the double-digit inflation of the 1970s. He said, "If we do see what we believe is likely a transitory increase in inflation, where longer-term inflation expectations are broadly stable at levels consistent with our framework and goals, I expect that we will be patient." Texas said Tuesday that it was lifting its mask requirement and would allow businesses to fully reopen, the most expansive step by any state to remove coronavirus restrictions as Americans across the country are eager to emerge after a year of isolation in the pandemic. Senate Democrats struck a last-minute agreement Friday to set federal unemployment benefits at $300 a week, down from the $400 passed by the House, but extend their duration by more than a month as part of the $1.9 trillion coronavirus relief package, according to a Democratic aide. Democrats hope to pass the bill before the mid-March cliff where enhanced federal unemployment benefits from the previous relief package expire. Highlights
"One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress." - Daniel Kahneman [link] [comments] |
What's with today's soul-crushing midday drop? Posted: 05 Mar 2021 01:10 PM PST Is it just me, or did today's midday have a ridiculous, soul-crushing dip? I had to step away from electronics a while so I missed whatever was happening in the moment. Can anyone fill me in on what caused the bottom to fall out of everything? Or am I just imagining things? [link] [comments] |
A lot of new investors are feeling first time loss Posted: 05 Mar 2021 10:33 AM PST I've been saying it everywhere I see someone depressed from being down huge after first time investing last month. Unless you bought penny stocks, your investments should be fine if you were planning to hold long. If you are down large on a reputable company, dont sell in fear. Look at the 2015-16 stock market selloff. Look at your investments during that period. It likely looks like a small dip followed by further increase in stock price up until March 2020 then more upward movement. This is the cycle. If the stocks/companies you invested in didnt have a huge change in business (leadership change, market impacting legislature, bankruptcy, or anything catastrophic), the prices will come back. Of course do your due diligence. Every retail stock company has expert analysis and opinions regarding most stocks. Make sure you read those as these people are typically very much in the know of the industry and the market. If you think now is the time to buy/sell/short/option trade and are unsure, please. Check out investopedia's simulator games. They are free. Play with fake money to learn what you need to learn about investing. Before you sell at a large loss, check with experts. Dont let fear set you back. You dont lose money until you sell for a loss. [link] [comments] |
The past few weeks have taught me how to be an investor rather than a trader. Posted: 04 Mar 2021 09:09 PM PST Since last summer I'd been doing multiple buys and sells virtually every single trading day. Made a lot of money doing it, but it was always so hard for me to buy something and hold. Buy TSLA at $550? Sell it right after at $600 and throw it all into a random biotech penny stock that would 2x the next day. That was the routine for months. Now? I've been throwing every penny I reasonably can into the market and buying without any plan to sell in the short term due to the consistent red days. I'm buying mostly recovery plays too. It's just funny because this climate has basically turned me into an investor rather than a day trader haha. *nothing here is financial advice. [link] [comments] |
What was the subreddit like during March 2020's market crash? Posted: 05 Mar 2021 01:13 PM PST I got into investing back in April 2020 so I wasn't a part of this subreddit. Seeing the current market downfall and the many posts that try to relieve people of the fear that this is the next market crash, I was wondering what the subreddit's reaction was like when an actual crash happened such as back in March 2020? [link] [comments] |
I believe EV stocks are doomed in the long run. Posted: 05 Mar 2021 01:54 PM PST EV is an appliance feature like cruise control. All current existing car makers will eventually offer EV and it will be a non-event. You don't get a 1000 PE for a car b/c it has cruise control. You think an EV maker will have a 1000 PE ratio a few years from now? Car makers have a PE of 8. Eight. All these Pets.com EV stocks are doomed in the long run. Edit: I am not saying gas cars are the future. I am saying gas car markers are all switching to EV. Every single car manufacturer will also offer EV within a few years. Game over. [link] [comments] |
Am I Crazy to think ARK funds are mostly still crazy undervalued? Posted: 05 Mar 2021 10:36 AM PST Taking ARKK as an example - they have about 28.6 million shares. Let's call it 29 million. Their holdings earlier today were 24 billion but with the hit the market is taking, let's call it 20 billion. That's still a NAV of almost $700! The stock is trading at around $110 right now. Why does it seem like everyone is saying it is a huge bubble that's plummeting? Is it just because of liquidity? Disclaimer I am still very new to trading and am partially looking for someone to tell me why this analysis is invalid or doesn't make sense. Thanks! Edit 1: I think the shares I have noted here are daily shares, not total outstanding (thanks u/reachoutc)- so that throws the valuation way off! If anyone has a good site to see total outstanding shares, I'd really appreciate it! Edit 2: MarketWatch had the real total outstanding shares which is roughly 185 million with gives a NAV of about $110 so the math checks out. Don't worry guys, supply and demand is working lmao. Sorry for the wasted post but appreciate those of you that helped and hope anyone having the same bonehead moment I did can get some help here. Best wishes in your ventures! Proceed with caution on ARK funds (but now is possibly a good time to think about getting in if you were hesitant at peak prices). [link] [comments] |
This downside is all part of investing for exponential growth Posted: 05 Mar 2021 09:17 AM PST No one likes to see red in their portfolio. And no one wants to hear about other investors getting wrecked, however vindicated perma-bears may feel when we get into market correction territory. There are a lot of new investors who recently got into investors because they saw the upside potential, and which weren't expecting to see (relatively) big losses. This post is for them. While I have my "safe" index funds as half my portfolio, together with "satellite" more industry-focused ETFs (genomics, and a more prospective small gap and global markets), I'm in fairly deep to tech and the NASDAQ. Like a lot of you, the last few weeks have put me safely in the red. It's worth considering what you're investing FOR at this point. If, like me, you're relatively young and looking to grow wealth - it's why tech is appealing. It's why potential future growth in smaller and riskier tech stocks is a large part of the portfolio. Ultimately, that upside can be very worth it - you can make exponential gains on relatively small amounts. But with greater upside comes greater risk. The downside. Which we're now starting to experience in potential tech market correction territory. See this as the necessary pain, and the opportunity to get into positions at a discount, and average down on those long term investments you believe in. Continue to consider your investment thesis and DD. If you believe in the stocks long term, these red days don't matter in the grand scheme of things. Don't panic sell just because it isn't green. That said, also use this as a learning opportunity. Make sure you're actually doing DD. That means quantitative, as well as qualitative. As much as posters discussing P/S and P/E ratios have been dismissed as "boomers", market fundamentals remain important, however divorced prices seem to become from them. It's hard to price exponential growth and the chance to dominate industries that barely exist now, but understanding and applying the fundamentals will help you decide which companies to get into in different industry sectors, and a good price to do so at. This will help your confidence in holding, and setting targets on when to enter new positions. Also, don't make the classic gambler's mistake of betting what you can't afford to lose on "a sure thing". There's no such thing in the market. Ultimately, there may have been a renewable energy / EV bubble that may now have burst. There will likely be bag holders. All these stocks could continue to bleed. But, you've missed the window to get out with relatively small losses. Rather than panic selling, continue to take a rational view on what the companies you're in are fundamentally worth - and therefore whether you're happy to baghold for an amount of time to see profits on them, or if cutting your losses makes sense. It's also worth dispelling the idea that "tech" exists as some homogenous thing, or that these companies are all like the dot com bubble - essentially worthless, with no business models, just trying to capitalise on the internet's future potential. Plenty of these companies may be overvalued and significantly oversold, but they aren't worthless. "Tech" sits across so many industry verticals it becomes slightly meaningless as a term. Cloud computing, semiconductors, social media, future technologies such as indoor farming / genomics / space transportation, eCommerce, consumer hardware, data analytics etc may all be "tech", but you can hopefully see they aren't all one and the same. The time to really worry about prospective growth small / med cap stocks carrying a lot of debt as they build towards businesses that may be profitable in future is when debt becomes more expensive. While the markets are never rational, there hasn't been a fundamental change meaning cheap debt is no longer a thing. Fear and panic creates more fear and panic. Keep hold of your head. Take time away from your portfolio. Don't speculate with what you can't afford to lose. Have confidence you'll weather this, make sound investments and see future gains when consistent green days are back on the menu. TL;DR - high growth potential tech is risky, because of the potential massive upside. With that comes downside. You won't get such a wild ride with "safe" NYSE type stocks for the most part, but you're also unlikely to get such high returns. Consider what's important to you. Do proper DD, so you're clear on why you're investing and the value (not price) of a stock. Don't put in what you can't afford to lose, or leave in long enough to weather the storm. [link] [comments] |
Invest more at current prices? Posted: 05 Mar 2021 02:14 AM PST I normally invest 750 dollars a month into various ETS. I'm 28 and can tolerate some risk and hold for long term results. I could probably invest another 1000 right now. Would you put extra in? And what would you buy? [link] [comments] |
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