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    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Apr 06, 2021

    April 06, 2021

    Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Apr 06, 2021

    r/Stocks Daily Discussion & Technicals Tuesday - Apr 06, 2021

    Posted: 06 Apr 2021 02:30 AM PDT

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

    Some helpful day to day links, including news:

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

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

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

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

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

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

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

    submitted by /u/AutoModerator
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    If you could put your money somewhere when you were 18, where would you put it and why?

    Posted: 06 Apr 2021 10:38 AM PDT

    I am currently in high school and looking to see how I should be handling my money in the coming years. I want to see what this community thinks is the best use of any spare income I have to ensure financial security in the future.

    The question is geared towards like a retrospective mindset, not one where you travel back in time. Obviously going back and investing in apple, Tesla, Bitcoin etc would be the best, but that I know. Thanks for your guys' advice and I'll be sure to consider it in the future.

    submitted by /u/tghosh33
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    After so many green days, Is anyone else still in red or is it just me?

    Posted: 05 Apr 2021 03:58 PM PDT

    Hello!

    Pretty much the title, just wanted to make sure I'm not doing anything stupid with my portfolio. If I'm one of the few still in red I'll re think my portfolio, otherwise I'll just wait.

    Thought of asking this question from you guys since VOO hit their all time high today.

    Thanks!

    submitted by /u/ysharm10
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    Credit Suisse Sells $2.3 Billion of Stocks Tied to Archegos

    Posted: 05 Apr 2021 06:41 PM PDT

    https://finance.yahoo.com/news/credit-suisse-starts-unloading-stocks-221247520.html

    (Bloomberg) -- Credit Suisse Group AG unloaded about $2.3 billion worth of stocks tied to the Archegos Capital blowup more than a week after some rivals dumped their shares and skirted losses.

    The Swiss bank hit the market with block trades tied to ViacomCBS Inc., Vipshop Holdings Ltd. and Farfetch Ltd., a person with knowledge of the matter said. The stocks traded substantially below where they were last month before Bill Hwang's family office imploded.

    WTF I just got in VIAC (ViacomCBS) a few days ago. Yay another loss for me

    submitted by /u/kevinbevindevin
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    Romeo Power stock soars to pace NYSE gainers after battery supply pact for Paccar's EVs

    Posted: 06 Apr 2021 11:40 AM PDT

    Shares of Romeo Power Inc. ran up 40.2% in afternoon trading Tuesday, enough to pace all NYSE gainers, after the energy technology company announced a five-year agreement to supply battery packs and battery management software for Paccar Inc.'s battery electric vehicles (BEVs). Trading volume ballooned to 83.6 million shares, compared with the full-day average of about 6.8 million shares over the past 30 days. Under the agreement, Romeo Power said it will supply batteries for Paccar's Peterbilt 579 and 520 BEVs in the U.S. and Canada through 2025. Paccar shares slipped 0.8% in afternoon trading. Romeo Power's stock is on track to snap a 10-day losing streak in which it plunged 40.2% to Monday's record low close of $8.02. It has shed 50.0% year to date, while Paccar shares have gained 8.1% and the S&P 500 has tacked on 8.6%.

    ​

    https://www.marketwatch.com/story/romeo-power-stock-soars-to-pace-nyse-gainers-after-battery-supply-pact-for-paccars-evs-2021-04-06?mod=mw_quote_news

    submitted by /u/Hard_working247
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    Got ripped off by my broker

    Posted: 05 Apr 2021 07:31 PM PDT

    I own a healthy amount of Brk.B shares and decided to liquidate the account today.

    When I called the broker, they put in a market sell order and told me my confirmation would be sent to my email later.

    They sold my shares for $62.58/share

    Brk.b traded today at $260-263.35

    Does anyone know how this is even possible? I understand market orders won't exercise at the exact price, but a 76% loss, is absolutely crazy.

    Is there no sort of protection against this kind of thing? How does this even happen?

    The broker is closed now for the evening, but will be calling first thing in the morning.

    Looking for some helpful information or thing I can reference when I call in the morning at open.

    EDIT UPDATE:

    Called them this morning. They didn't even answer the phone during their posted business hours. Just adds the the amazing service this company provides.

    After calling the number for the old platform holders, and nearly 25mins on hold, they found a person for me to speak with.

    I described the problem and the representative n the phone seemed like this was normal at first. She then had a light bulb go off and remembered they had an internal email she quickly glossed over that discussed this issue. She asked me to hold so she could review it again.

    Apparently there was an error on the new platform that didn't perform the sell orders correctly. They were suppose to sell at $262.276.

    I asked when, if, they would be correcting this and if they planned to notify the customers. They said that they were in the process of correcting the error but never notified the customers of the issue(wonderful, thanks).

    I guess it also takes 10 days after the sell date, to receive my money. Also, she confirmed they still don't sell fractional shares.

    I plan to no longer use them, but leave the remaining 1.5 shares or so that's left in there, forever.

    2nd update: people wanted to know the firm/broker. It's Global Shares Equity

    I DO NOT recommend them.

    submitted by /u/Volkswagens1
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    Here is a Market Recap for today Tuesday, April 6, 2021

    Posted: 06 Apr 2021 01:20 PM PDT

    PsychoMarket Recap - Tuesday, April 6, 2021

    Stocks traded roughly flat Tuesday, putting a pause on the recent record-breaking rally. Market participants are encouraged by better-than-expected economic data and President Biden's infrastructure plan.

    The March Jobs Report blew past consensus estimates to record the fastest pace of job growth since last summer. Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6% (unemployment rate was 14.6% in April 2020). Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%. Quincy Krosby, chief market strategist at Prudential Financial said, "It [the jobs report] shows that the economy is healing, that those who lost their jobs are coming back into the workforce as the recovery continues and restrictions are lifted."

    As the economy continues to recover, analysts have been expediently raising their estimates for companies' first-quarter earnings results, with earnings season beginning in just a couple weeks. According to FactSet, first-quarter earnings estimates were increased by a record margin of 6% over the past several weeks, as analysts adjusted their forecasts for the much stronger-than-expected economic rebound seen so far. Larry Adam, chief investment officer at Raymond James said, "Not only is the economy doing better, but that's actually leading to earnings revisions going higher, and that's taking the market higher. And I don't think we're done yet. I think people are going to continue to see the strength of this economy during the summer, and you're going to see earnings continue to move up significantly throughout this year."

    The vast majority of US states are on track to open vaccine eligibility to all adults before President Biden's May 1 deadline. An average of more than 3 million individuals are getting vaccinated every day, according to the Center for Disease Control and Prevention (CDC). As vaccine distribution efforts continue, cyclical and reopening stocks have outperformed growth and tech stocks that led the market higher in 2020. We expect this trend to continue moving forward, as more states gradually reopen.

    Looking ahead, this week will be chock full of commentary from Federal Open Market Committee (FOMC) members, who will offer their assessment of the latest batch of economic data and how they will proceed. . Chicago Fed President Charles Evans, Richmond Fed President Thomas Barkin and St. Louis Fed President Jim Bullard are each slated to deliver public remarks later this week, and Fed Chair Jerome Powell will speak at an International Monetary Fund (IMF) panel regarding the global economy Thursday afternoon.

    Highlights

    • US Treasury Secretary Janet Yellen urged the adoption of a minimum global corporate tax rate during virtual meetings with the World Bank and IMF.
    • An index tracking U.S. service sector activity surged to an all-time high in March, the Institute for Supply Management said Monday
    • A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
    • The International Monetary Fund (IMF) upgraded its forecast for global growth this year amid a better-than-expected outlook for the U.S. and other major economies. The institution now sees worldwide growth increasing 6% this year, up from the 5.5% rise seen previously. This follows a historic contraction of 3.3% in 2020.
    • Credit Suisse said Tuesday it expects to take a writedown work 4.4 billion Swiss franc, or $4.7 billion, as of a result of the implosion of Archegos Capital, Bill Hwang's hedgefund that got a massive margin-call recently
    • **Please note that current stock price was written premarket and does not reflect intraday changes.*\*
    • Apple (AAPL) target raised by Morgan Stanley $MS from $156 to $164 at Overweight. Stock currently around $126
    • Aphria (APHA) target raised by Stifel Nicolaus from $15.50 to $22 at Hold. Stock currently around $18
    • Honeywell (HON) target raised by Barclays from $225 to $230 at Overweight. Stock currently around $219
    • Illumina (ILMN) target raised by Canaccord Genuity from $445 to $460 at Buy. Stock currently around $384
    • Lear (LEA) target raised by Jefferies Financial from $186 to $210 at Buy. Stock currently around $182
    • nVent Electric (NVT) target raised by Barclays from $38 to $39 at Overweight. Stock currently around $29
    • Roper Technology (ROP) target raised by Barclays from $400 to $445 at Overweight. Stock currently around $415
    • Retail Value (RVI) target raised by Morgan Stanley (MS) from $17.50 to $22 at Overweight. Stock currently around $19

    "Fortune favors the bold." - Unknown

    submitted by /u/psychotrader00
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    Anyone else bullish on oil?

    Posted: 06 Apr 2021 09:26 AM PDT

    My only stake in the game is $XLE because I like ETFs.

    EVs are going to take a long time to be the main consumer form of transport IMO. Even if that comes faster than I expect our reliance on fossil fuels to literally fuel our economy won't be going away any time soon.

    More states lifting lockdown restrictions and spring/summer on the way likely bringing more travel to our everyday lives is my only hunch on the subject. I know there is a lot more to the subject than that so maybe you guys can provide some thoughts/analysis on the topic.

    I want to double down on the sector but not without doing the proper research first.

    submitted by /u/DipTheChips
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    U.S. Market Recap - Tuesday, April 6, 2021

    Posted: 06 Apr 2021 01:43 PM PDT

    Dow (0.29%), S&P 500 (0.10%), Nasdaq (0.05%), Russell 2000 (0.25%)

    ​

    • Synopsis
      • US equities finished lower in fairly uneventful Tuesday trading, selling off through the afternoon to end a bit off worst levels. Followed a Monday rally that saw the Dow, S&P and Nasdaq all up more than 1%. Sector performance was mixed and fairly bunched. Tech trailed with some weakness in semis and networking. Financials lagged on bank weakness. Consumer sectors outperformed. Utilities led the market. Treasuries were firmer with the curve flattening (10s back below 1.70%). Some discussion about very elevated short position in TLT. Dollar was weaker vs yen and euro. Gold finished up 0.8%. WTI crude ended up 1.2%, though off best levels, after falling more than 4.5% in the prior session.
      • A very quiet day with few notable headlines. Bullish narrative remains underpinned by the same constellation of themes including reopening momentum, accelerating vaccinations, potential for $4T+ in new fiscal stimulus later this year, and Fed's high bar for tapering and liftoff. Some commentary as well about market growing more comfortable with higher rate backdrop. Earnings season shaping up as another potential tailwind for risk sentiment amid upward revision activity. Multiple compression from higher yields, taper tantrum, central bank policy mistake, new coronavirus variants, higher taxes, and margin pressure from higher input costs some of the more widely discussed risks.
      • Major shift on the fiscal policy front was Monday's ruling by the Senate parliamentarian that Democrats can use reconciliation additional times this year to bypass GOP filibuster threats. However, Democrats still facing challenge of crafting a plan to appease its whole caucus (settling on a corporate tax rate an early challenge). Elsewhere, JOLTS job openings for February well ahead of expectations, while reports continue to highlight worker shortages. IMF raised global growth estimate by 50 bp to 6.0%. White House announced accelerated vaccination timeline while US vaccination rate nearly 5x faster than global average. Bloomberg had latest on China tightening credit.
      • BP expects to hit net debt target sooner than expected. ILMN positively preannounced and said most customers at or above pre-COVID levels. LUV latest airline to call pilots back to work. PSX negatively preannounced, partly due to headwinds from winter storm. PAYX down despite slightly better results and positive client retention comments. CS reported $4.7B hit from Archegos Capital saga, along buyback suspension, dividend reduction and management turnover. NCLH announced two-prong plan for returning to cruising outside US. DCT beat but guidance mixed. SIG announced acquisition of Rocksbox. Topps coming public via merger with SP@C MUDS.

    ​

    • Digest
      • Sector performance mixed with healthcare, tech trailing:
        • Tech trailed the market with semis and networking/communication some of the drags. Healthcare underperformed amid weakness in pharma and managed care. Energy was weaker, with integrateds mixed and oil-services names largely lower. Road/rail names lagged in industrials, though airlines were better. Financials lagged the tape with banks generally lower alongside the pullback in Treasury yields. Media, entertainment, telecom were mostly better in communication services, thought the megacap internets were down. Materials was a relative outperformer, helped by precious metals and paper/packaging but seeing some drag from steel names. Consumer discretionary being boosted by retailers, restaurants, and leisure groups. Consumer staples saw strength in beverages and food-products stocks. Utilities led the market.
      • Senate parliamentarian allows Democrats to make another reconciliation push:
        • Democrats scored a key procedural win yesterday when Senate Parliamentarian MacDonough ruled they can pass additional measures for the current fiscal year through reconciliation, the simple-majority method allowing them to bypass an expected GOP filibuster (NY Times, The Hill). Majority Leader Schumer (D-NY) had argued a 1974 law allows budget resolutions to be revised, with which the parliamentarian concurred. Ruling opens key legislative pathway for Biden's expected two-phase infrastructure and stimulus plan but process still likely to be challenging as Democrats need to prevent any defections from their caucus, and more moderate Sens. Manchin and Sinema have argued against using reconciliation again this year. Reconciliation can also eat up large amounts of legislative floor time as both parties can offer multiple amendments. And not all bills can be passed through reconciliation (recall a minimum-wage component was stripped from Biden's $1.9T American Rescue Plan).
      • February job openings higher than expected, companies need workers:
        • Job openings increased by 268K, or 3.8% in February to just under 7.4M, well ahead of the 6.9M consensus. JPMorgan noted that the 615K increase in January and February represented the largest two-month gain for the series going back to 2000, apart from the sharp recovery in the early stages of the pandemic. Job openings rate increased by 0.2pp to 4.9%, and the hiring rate increased by 0.2pp to 4.0%. The quits rate was unchanged at 2.3%. Fits with heightened focus on labor market recovery following blowout March payrolls data last Friday. Bloomberg discussed how airlines are bringing back more pilots as travel demand rebounds. Delta was recently forced to cancel flights due to staffing shortages. Reuters highlighted the struggles the fast-food industry is having in trying to hire enough workers to keep up with a surge in sales. Noted that worker shortfall is hardly limited to hospitality.
      • Credit Suisse discloses $4.7B hit from Archegos fallout:
        • Credit Suisse said today it will take a $4.7B writedown related to the forced liquidations of positions held by Archegos Capital, the ~$10B family office of Bill Hwang, who founded and ran Tiger Asia. The bank said the charge will result in a pretax loss of 900M francs for Q1, cut its dividend by two-thirds and suspended share buybacks to protect its balance sheet. It also announced that the head of its investment bank and chief risk officer are both leaving the firm, though its CEO will stay on. In addition, it unloaded another $2.3B worth of stocks tied to Archegos on Monday. While analysts have been fairly quick to dismiss the systemic risks from the Archegos implosion, there have been concerns that the episode could ultimately lead prime brokers to implement more stringent capital requirements and dial back on credit availability, exacerbating thin liquidity conditions.

    ​

    Afternoon headlines:

    • Economy:
      • Businesses struggling to hire enough workers as economic reopening gains momentum (Reuters, Bloomberg, WSJ)
    • Economic policy/stimulus:
      • FL Rep. Hastings' death leaves Pelosi with a very thin Democratic margin in the House (Politico)
    • Market:
      • Short interest in iShares 20+ Year Treasury Bond ETF hits highest level since early 2017 (Bloomberg)
    • Covid:
      • Youth sports may be driving a surge in coronavirus cases (Washington Post)
    • World:
      • Iran said nuclear talks in Vienna were 'constructive', reiterates it won suspend enrichment push given US sanctions (Reuters)

    ​

    • Notable Gainers:
      • +16.2% MUDS (Mudrick Capital Acquisition Corp. II): Announced merger with Topps; deal implies EV of ~$1.3B, or 12.5x projected 2021 EBITDA; Topps had record sales of $567M in 2020; former Disney Chairman and CEO Michael Eisner will become Chairman of Topps.
      • +14.0% CARA (Cara Therapeutics): Company will be included in the S&P SmallCap 600, effective prior to open on 8-Apr.
      • +12.3% GNOG (Golden Nugget Online Gaming): Initiated buy at Jefferies; cited momentum following last year's New Jersey launch, which should provide framework for buildout through additional markets; also cited breadth of product with more than 870 titles, CRM capabilities.
      • +7.9% ILMN (Illumina): Preliminary Q1 revenue ahead of consensus; highlighted record orders and strong sequencing consumables/instrument growth; said most consumables customers now at or above pre-Covid activity levels; raised FY21 revenue growth guidance.
      • +5.1% SNAP (Snap): Upgraded to overweight from neutral at Atlantic Equities; cited recent pullback and shift toward more monetizable spent on the service.
      • +4.6% NCLH (Norwegian Cruise Line Holdings): Announced two-pronged plan for returning to cruising within and outside US; includes phased resumption of sailings originating in Jamaica, Dominican Republic, Greece beginning in Jul-21; plan also includes restarting Us originations starting 4-Jul.
      • +4.0% MILE (Metromile): Initiated at overweight at Piper Sandler; positive on innovative pay-per-mile insurance offering and AI-infused approach to underwriting and claims management; noted low penetration in an expansive market.
      • +3.9% HBM (HudBay Minerals): Announced preliminary economic assessment of Mason copper project in Nevada with twice the copper resource of its existing deposits; double upgrade to buy from underperform by Bank of America, upgraded at other shops as well; also noted improved life of mine plans for Snow Lake and Constancia sites.

    ​

    • Notable Decliners:
      • -12.9% EBON (Ebang International Holdings): Short-seller Hindenburg Research out with a cautious report; pushed back against company's claims that it is a "leading bitc0in mining machine producer".
      • -4.9% PAYX (Paychex): FQ3 earnings were slightly ahead with revenue down, as expected, though guidance worse; PEO and Insurance Services segment missed on sales while Management Solutions beat; interest earnings were light as well; noted record client retention amidst continued Covid uncertainties; analysts cited underperformance vs peers with a software model.
      • -4.7% GBX (Greenbrier Cos.): FQ2 revenue and GM missed; earnings beat with help from taxes; flagged weak Manufacturing demand environment and winter-weather closures as well as continued decreased Repair volumes.
      • -2.6% ACAD (Acadia Pharmaceuticals): Downgraded to hold from buy at Jefferies following yesterday's FDA decision on its dementia-related psychosis candidate; noted likely additional research means launch may be pushed out to 2024; also downgraded at Canaccord Genuity.
      • -1.5% AB (AllianceBernstein): Downgraded to market perform from outperform at Keefe, Bruyette & Woods; cited valuation as share prices have reached their target after outperforming the market by 14% ytd and 55% over the past year.

    ​

    • S&P 500 Sector Performance
      • Outperformers: Utilities +0.53%, Consumer Spls. +0.33%, Consumer Disc. +0.33%, REITs +0.24%, Materials +0.23%, Communication Svcs. +0.07%
      • Underperformers: Tech (0.38%), Healthcare (0.36%), Industrials (0.26%), Energy (0.26%), Financials (0.11%)

    ​

    • Data
      • DXY: 92.34, (0.28)
      • €-$ +0.0058 or +0.49% to 1.1872
      • £-$ (0.0069) or (0.50%) to 1.3828
      • $-¥ (0.40) or (0.36%) to 109.79
      • €-¥ +0.22 or +0.17% to 130.38
      • 2-year yield (1) bps to 0.16%
      • 10-year yield (5) bps to 1.65%
      • 30-year yield (5) bps to 2.32%
      • WTI Crude (May 21): +$0.73 or +1.24% to $59.38
      • Gold (Jun 21): +$14.10 or +0.82% to $1742.9
      • Breadth on the NYSE is positive 1.55:1; breadth on the Nasdaq is negative 1.09:1
      • Index Performance
        • Month/Quarter-to-date: Dow +1.36%, S&P +2.54%, Nasdaq +3.41%, Russell +1.74%
        • Year-to-date: Dow +9.23%, S&P +8.46%, Nasdaq +6.29%, Russell +14.40%
    submitted by /u/spacej3di
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    Losing Streak

    Posted: 06 Apr 2021 11:39 AM PDT

    Guys I'm on a losing streak here. Last year 80% of my decisions seemed to be right on if I was able to stick by them. Of course 2020 was a bull run for everyone. Lately every pick I make is going red and every pick I decided not to make is going green big time and I have to admit it's got me a bit paralyzed at the moment. I watch the indexes make new highs and I've seen nothing but red since mid-March.

    My next play was going to be semiconductors. Had a limit order for Micron at 86 and missed it only to see it go up into the 90s. Applied Materials same thing.

    It seems like every trade I go to make, either I don't pull the trigger or I'm way late on the rally trying to buy on the back end of overbought. I know this is pretty much textbook bad investing.

    I'm significantly overweight on oil/energy which I am still holding and have some value ETFs but I am afraid to buy anything else. Any tips for me to get out of this rut I'm in? Maybe I am pulling the trigger too quick and need to just buy good companies and not worry so much about the entry price.

    submitted by /u/LionRoars87
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    BlackRock (BLK) holdings look similar to ETFs like QQQ and Vanguard's MGK. Buy BLK instead of these popular ETFs?

    Posted: 06 Apr 2021 10:06 AM PDT

    Top holdings are Apple, Microsoft, Amazon Google Facebook etc. These are almost identical to QQQ and MGK.

    BLK also includes Berkshire Hathaway, JPMorgan and some other non-tech companies so it's probably more diversified sector-wise than QQQ and MGK.

    I'm just wondering if anyone has chosen to put a large chunk of their portfolio into BLK over one of the popular ETFs like QQQ. My thought process is that they are a big money institutional investor. They make money selling their own ETFs etc. I'm just a small retail investor with no special insight or power of my own. I can't beat them, but I can join them.

    submitted by /u/reginaccount
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    r/Stocks Daily Thread on Meme Stocks Tuesday - Apr 06, 2021

    Posted: 06 Apr 2021 04:00 AM PDT

    The meme stock scheduled posts will run Mon to Fri and won't be a sticky; you're probably seeing this because automod sent you here or you woke up early Wall St time; good morning!

    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:
    * Problem Gambling: Call/Text: 1-800-522-4700 or chat online now.
    * Crisis Hotline (24/7): 1-800-273-TALK (8255) (Veterans, press 1) or Text "HOME" to 741-741

    submitted by /u/AutoModerator
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    Buying the Coinbase IPO (COIN)

    Posted: 06 Apr 2021 02:21 AM PDT

    Hi - Coinbase have announced their listing on the Nasdaq (Ticker: COIN) on 14th April. I want to place an order for when they float. Can anybody advise what platforms can I use to buy the stock from the UK on the day they float?

    Thanks

    submitted by /u/facemasker2020
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    SoFi Pending reverse merger

    Posted: 06 Apr 2021 01:59 PM PDT

    All the analysis I can pull up suggests that SoFi is well positioned in the NeoBank space and given it's recent acquisition of Golden Pacific Bank, it will have a bank charter as well. I'm interested to hear what others think. (I'm currently long and considering increasing my position.)

    submitted by /u/Alejandro_Last_Name
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    r/Stocks Discuss Overlooked Stocks Tuesday - Apr 06, 2021

    Posted: 06 Apr 2021 09:00 AM PDT

    It's lunchtime, Wall St time; time to discuss overlooked stocks that no one is talking about: Overlooked & possibly undervalued stocks.

    All the rules of r/Stocks still apply, so please see the sidebar or click here.

    But here's the twist you can't bring up meme stocks that have been hotly discussed in the past several weeks. Those stocks that everyone has been talking about, you can't bring up here or they'll be autoremoved. Why? It's to keep this thread pure & focused.

    The current list of meme stocks can be found here. So don't mention these stocks in this post or your comment will be removed.

    Need ideas on which stocks to discuss, try a screener like this one.

    Important links:
    * Previous discussions on overlooked stocks
    * General discussions
    * Rate my portfolio threads
    * Check out our wiki

    After discussing your stock here, feel free to create a post on r/Stocks with all the information you might have just learned.

    Thanks & enjoy!

    submitted by /u/AutoModerator
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    Your favorite industrials

    Posted: 06 Apr 2021 10:59 AM PDT

    I've worked in Fortune 500 supply chains since the 08 recession and never seen anything like 2020 and the start to 2021. The bull whips have been insane and if reshoring becomes anything more than a flavor of the month in boardrooms, certain industrials could boom on top of what already are "expensive" share prices currently.

    My current industrial holdings are split evenly in shares between ETN, ROK, JCI. I'm fully invested to the extent I'm willing to for this sector. Is there something else you like better, or one among those three you don't like?

    Especially appreciate any input from mfg engineers, procurement professionals, etc.

    Edit: I'm more interested in the infrastructure/robotics/machinery plays than the goods producers themselves that will likely have to invest heavily to restructure supply chains.

    submitted by /u/mikecm11
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    What are your highest conviction picks

    Posted: 06 Apr 2021 06:22 AM PDT

    So it's simple what's your highest conviction stocks

    So to start of my highest conviction stocks has to be Berkshire Hathaway, Facebook, Amazon, Google and Unilever Here's why I like these in short

    So I like Berkshire Hathaway because of warren buffet and Charlie munger but also this is a diversified business and it's growing YoY. Google and Facebook are one of the best in the world the advertising business is growing strong every year and there's no sign this will stop also they are entering other industrys With Amazon it's another beast who's entering other industries all the time there cloud computing is growing strong and there advertising business are also growing. With Unilever I like this because over 2 billion people use their products every day and it's growing in emarging markets.

    I do have some high conviction funds eswell iam from the UK so most of you guys won't recognise these but you can reasherch them. So to start off my high conviction funds and trusts are Smithson investment trust, fundsmith equity, lindsel train global equity, Finsbury growth and income, Scottish mortgage investment trust and baillie gifford us growth trust.

    Here's why I like these funds and why you should reasherch them So with fundsmith equity it's ran by Terry Smith who's a legendary British Investor from 2003 to now he's averaged around 15% returns and what's even more impressive from 2003 to 2013 in the "lost decade" he averaged 14% return every year. He also gets a say in the Smithson investment trust but he doesn't run it everyday and Terry also gets compared to warren buffet. With the lindsell train global equity and Finsbury growth and income they are both ran buy another legendary investor named nick train. He is a expert in the UK markets both his funds are diversified with exposure to Japan UK and USA. Finally to Scottish mortgage investment trust and baillie gifford us growth trust. So these trust are similar to arkk funds and their parent company who controls the fund baillie Gifford were also at one point before the pandemic the second largest shareholder of Tesla just behind Elon musk they have sold some of Their stake after the impressive run up. The main reason I hold these trusts is because of the private company exposure

    Some honourable mentions are visa Mastercard and Adobe and Microsoft. I like them but won't buy them because of their valuations

    So what are your highest conviction stocks and why ?

    submitted by /u/royalshah10
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    Trucking industry outlook and news.

    Posted: 06 Apr 2021 07:49 AM PDT

    Old Dominion:

    Stock has been rising for this company for the last few weeks. As of now they're doing a large expansion, adding drivers and adding more warehouses.

    Old Dominion Freight Line has an ROCE of 23%. In absolute terms that's a great return and it's even better than the Transportation industry average of 10%.

    https://simplywall.st/stocks/us/transportation/nasdaq-odfl/old-dominion-freight-line/news/old-dominion-freight-line-nasdaqodfl-looks-to-prolong-its-im

    https://www.marketwatch.com/story/old-dominion-freight-line-inc-stock-rises-monday-still-underperforms-market-01617657237-99929379db25

    JB Hunt:

    Recently rated number 5 in Top 50 logistics their stock continues to grow as well. With some ups and downs here and there. .

    https://www.ttnews.com/top50/companies/jbh/2021

    https://www.marketwatch.com/story/j-b-hunt-transport-services-inc-stock-rises-monday-still-underperforms-market-01617654639-e4b3f3d89530

    XPO Logistics:

    Their stock was recently rated at slightly overvalued. However their company is still working on a spinoff that just named Sandeep Sakharkar as Chief Information Officer and will keep the same name for their spinoff company.

    http://www.globenewswire.com/news-release/2021/03/31/2202248/0/en/XPO-Logistics-Announces-Sandeep-Sakharkar-as-Chief-Information-Officer-for-GXO-Logistics-Spin-Off.html

    https://finance.yahoo.com/news/xpo-logistics-stock-estimated-significantly-141232720.html

    https://www.freightwaves.com/news/still-xpo-transportation-company-to-retain-name-after-logistics-spinoff

    C.H. Robinson:

    Currently ranked as the number 1 logistics company. Stock has preformed mostly above the rest of the industry but once in awhile under preforms.

    the ROE for C.H. Robinson Worldwide is:

    27% = US$506m ÷ US$1.9b (Based on the trailing twelve months to December 2020).

    The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.27 in profit

    https://www.marketwatch.com/story/c-h-robinson-worldwide-inc-stock-rises-monday-still-underperforms-market-01617655460-e5c3d4ca2acd

    https://finance.yahoo.com/news/financials-role-play-driving-c-085419433.html

    Schneider:

    Has been dropping today but stock is priced at a decent value compared to other. The company just launched a digital app to help shippers with loads.

    The company first announced its Schneider FreightPower digital marketplace last year, rolling out an app for carriers in the fall. The tool's newest update, an online portal launched in March, expanded the platform to shippers in order to help them save money and increase their access to capacity.

    Schneider FreightPower provides shippers with options to manage their businesses from virtually anywhere. The digital marketplace allows shippers – big and small – to instantly quote, book, track and confirm delivery 24 hours a day, seven days a week. Services are available for both brokerage less-than-truckload and brokerage truckload freight, with more options coming later in 2021

    https://www.freightwaves.com/news/schneider-offers-digital-tools-to-help-shippers-compete-in-tight-market

    submitted by /u/thinkB4WeSpeak
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    How to profit from a market crash

    Posted: 05 Apr 2021 03:26 PM PDT

    Hello, first post here.

    Say I think the market is going to drop over the next 4 months. How would you gamble your money to best profit from that? Is there a specific company you would short because they stand to drop the most and the premium on the short is the lowest?

    Any advice is really appreciated.

    EDIT: A big thank you to this community for taking the time to educate me. I think by putting crash in the title, I triggered a lot of people. Saying "short" instead of "puts" also seemed to trigger a lot of people.

    I am sorry to waste your time, I think if I wrote it like this it would have gone over better.

    "Just theoretically, if you were a long term bull investor, but one day you thought there was going to be an event that would cause the market to pull back 20%, and you thought it might happen in the next 5 months. How would you invest that money, so you are risking the least, but stand to make the most from it?"

    The conclusion from the comments, suggest puts on inverse ETFs, but because the period of time is 5 months, then just buy the inverse ETF. But in the end you are stupid for even considering this.

    Thanks r/stocks you are a great

    submitted by /u/RadSix
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    I have about 600$ to invest..thinking about consolidating my portfolio and buying more shares of certain companies, which should I buy more?

    Posted: 06 Apr 2021 01:48 PM PDT

    so my portfolio is heavily weighted towards ICLN, as I have 80 shares of it. (bought in at 16$ a share) my portfolio is worth around 3.5k in total

    AMD ( 4 shares)

    NET ( 6 shares) i have been trying to DCA a bit, have an average cost of 55$.

    PLTR ( 2 shares)

    ENPH ( 1 share)

    Currently have a side gig as an actor and i try to invest when i can.

    I have also been looking at TSM. I haven't done a ton of research so a second opinion would be appreciated. also I am quite young (high school) and wanna invest in individual companies rather then large ETFs for the time being.

    My overall plan is to keep adding to these positions over time, as I have been trying to ride the wave. ( perhaps the titanic rather then a wave, given the past few weeks)

    ​

    out of these companies, which would you put more money into and why? these are long-term.

    submitted by /u/Thefishman1
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    How does selling covered calls before a reverse merger work? APHA/TLRY

    Posted: 06 Apr 2021 06:46 AM PDT

    So I have around 200 shares of Aphria just sitting around and im thinking of selling some covered sells. However I know there's going to be a reverse merger coming with Tilray so how will options work for that? If I sell at strike price of 22 and the merger happens, with Tilray trading around that range would that option exercise or would it be voided ?

    submitted by /u/cardPlayer312
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    $JOAN fabrics gaining traction

    Posted: 06 Apr 2021 02:24 PM PDT

    Did a DD on it awhile back and it has gone from $10 range to currently at 12.25 this week. Based on buy volume it looks like more investors are showing interest. Good 4Q ER came out and was still slow last week. This week traction is there. Company originally was going to set IPO at $15-17 and then lowered it to $12. IPO still in quiet period till April 21st so no talk of management changes or possible business changes. Still a cheap stock at $12-$13 considering its closest competitor Michael's sits at around $23.

    submitted by /u/jedidopedawg
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    What are you guys opinion about camber Energy?

    Posted: 06 Apr 2021 12:55 PM PDT

    Does anyone have any insight on this stock? I've done my due diligence and they merged with Viking owning 61% of the acquisition, they absolved all their debts and they even had a very profitable quarter. I bought in at .88 and so far they have been averaging around 1.02-1.05 for all rhymes or reason they've beaten the odds they used to trade at several thousand a share and even evolved into clean energy as well as crude oil. What are your thoughts? I've heard it was being shorted 28% but how long can that last for a company with such prospects. Is there anything I may have missed in my research of this company?

    submitted by /u/Soft_beauty2019
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    investment of 2021

    Posted: 06 Apr 2021 12:48 PM PDT

    hey this is my ratio of investments of 2021 what are you tough and what is your ratio

    ​

    5% cash (Do i need this or is it just better to invest all the money on my broker?)

    30% ETF (QQQ,ARKK,ARKG) or maybe (QQQ,ARKK,VTI)

    50% Stocks (these are 5 hand picked stocks in a pool of 30 or more these are only the best 5 after the quarterly earnings the stock falls down the money will always go to the best 5)

    and 15% C...

    ​

    i'm a new player so i hope i picking the right ratios

    submitted by /u/Ancalagon02
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    Retail stocks that can flourish post Covid

    Posted: 06 Apr 2021 12:48 PM PDT

    I'm looking for retail/commerce plays that can do well both in store and as we transition to and maintain the online shopping boom.

    Right now I'm only in LULU because I think it's a strong brand with huge loyalty. I considered COST but didn't get in before the recent boom and so I'm waiting to see if I can get a better price or find alternatives.

    I know people are big on Target/Walmart and I was thinking about Chewy as well.

    Thoughts/suggestions?

    submitted by /u/JerichoFN
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