Stocks - r/Stocks Daily Thread on Meme Stocks Thursday - Apr 01, 2021 |
- r/Stocks Daily Thread on Meme Stocks Thursday - Apr 01, 2021
- r/Stocks Daily Discussion & Options Trading Thursday - Apr 01, 2021
- I tried to predict the stock market every day in March. Here's how it went - and what I learned.
- The S&P 500 jumps above 4000 points for the first time in history.
- Here is a Market Recap for today Thursday, April 1, 2021
- Nio Report Big Gains In First-quarter Deliveries
- U.S. Market Recap - Thursday, April 1, 2021
- Not a bull, not a bear. How I see things right now.
- CRSP vs EDIT vs BEAM -- which would you choose for a 5-year high risk investment?
- Apple collaborating with Tesla
- Amazon exploring opening outlets selling home goods, electronics
- What was your biggest investing mistake and what did you learn from it?
- Where should I put $10k?
- AI will eventually figure out how to beat the market, right?
- Found Old Stock Certificates, Are They Worthless?
- Taiwan Semiconductors investing 100 billion to expand capacity. Look at AMAT and ASYS to benefit
- ATT vs Verizon vs T mobile
- POWW Catalyst Machine
- Lordstown motors beta trucks come off assembly line
- A company named Kelly b services mooned today
- How exactly is NYSE Tick calculated/built? What's the logic behind it?
- Amarin got EU approval starting to sell VAZKEPA
- Biden's Infrastructure plan and who benefits?
- What is the difference between GMWKF and GAW.L
- Has BNN gotten really bad lately?
- Reversing the Wash Sale? -- Does it work if I buy at the lower price, and then immediately sell the higher priced stocks that I already own?
r/Stocks Daily Thread on Meme Stocks Thursday - Apr 01, 2021 Posted: 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 & Options Trading Thursday - Apr 01, 2021 Posted: This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post. Some helpful day to day links, including news:
Required info to start understanding options:
See the following word cloud and click through for the wiki: If you have a basic question, for example "what is delta," then google "investopedia delta" 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. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments] |
I tried to predict the stock market every day in March. Here's how it went - and what I learned. Posted: Every single day this month, I tried to do the one thing that everybody says you shouldn't try to do. I tried predict the exact daily movements of the stock market -- specifically, the daily direction, high, and low of the NASDAQ -- and posted my best guess in the daily discussion forum. I had to pay incredibly close attention to the stock market every day to do it. Every single morning, I did technical and market analysis to try to keep from publicly embarrassing myself. I learned more about the stock market this month than I have in my entire time trading. To celebrate one month of predictions, I wanted to take a look back at the month of March and share some of the things I've learned. Here's the first one: I can't predict the stock market. Damn it. I really thought I'd be able to do it. You can see my full scorecard here, but it isn't really anything to brag about. Here's how I did:
I was always more interested in the highs and lows than the direction, but damn is 65% ever a bad score. I've looked into it -- if I'd just predicted whatever the premarket said, I would've been right 74% of the time. Part of the problem was this: When J. Powell talks, there's a 66% chance the market will tank. When J. Powell talked, my prediction was wrong more often than it was right -- and usually by a lot. On average, my prediction for the daily low was off by 1.37% whenever he spoke. I wanted to look into that, so I tested out some of the big narratives we heard this month Click here to see that research visualized. J. Powell used to be able to pump the market -- but since 2020, I learned, the market has turned red on 66% of the days that he has either made a speech or a public testimony, with the market closing, on average, down 1.24%. The NASDAQ is often a better predictor of a stock's price than the company itself. I've seen a lot of posts here lately saying: "Why is everybody talking about indexes? Isn't this supposed to be a stock forum?" One thing this month affirmed for me is that, if you want to know what AAPL or MSFT are going to do today, you have to look at the market itself first. AAPL, MSFT, GOOG, and AMZN were all extremely correlated with the NASDAQ this month, to the point that, statistically speaking, it can be said that 81% of the variations in Apple's price this month can be explained by changes in the NASDAQ. I saw a lot of people in the daily discussion asking: "Why is AAPL tanking? What new is there?" But -- unless there actually is company news -- that's often the wrong question to ask. The market isn't always affected by what CNBC says... One of the biggest stories we heard this month was about the "bond yield". The 10-year bond yield went up today, CNBC would report, and so the NASDAQ was sure to tank. It never really made sense to a lot of investors -- so I looked into whether that story held up. I'll let you draw your own conclusions, but here's what I can say for sure:
... but sometimes it is. That doesn't mean everything CNBC said was a lie this year. Another huge story this month was the rotation out of tech into value stocks -- and then, at the end of the month, the rotation back. This story totally holds up. If you plot a tech stock like AAPL's price against JP Morgan's (which I've done for you here), you'll see that, 61% of the time, these stocks went in the exact opposite direction. People really were rotating out of tech and into value -- and they really are starting to come back. I still think the stock market can be predicted When I started doing this, I got a lot of hate from people who said that only an idiot would try to predict the market. But after a while, those hate messages stopped -- and, instead, people started sending me hate messages saying that they could predict the market better than I can. They probably can. I didn't do as well as I'd like this month, but, when I was right, I knew why I was right. And when I was wrong, I knew why I was wrong -- and had a pretty good idea of how to do better next time. Everything is not priced-in, I've learned this month. Take Biden's speech last night. The market didn't even budge while he was talking. Sure, we were in afterhours, but even Robinhood users were allowed to invest -- and his plan had been laid out weeks in advance. But the Wall Street traders were off work, so the market didn't budge until the morning -- when it absolutely mooned. If you pay close enough attention, you can get ahead of Wall Street. I'm increasingly convinced of that, and I believe that my predictions will get better as time goes on. [link] [comments] |
The S&P 500 jumps above 4000 points for the first time in history. Posted: This is a historic milestone for the S&P 500 and the stock market. The index has gained over 1500 points over the last year and I believe that we can continue to go up in the long term as well. Maybe not with this insane pace, but steadily. Like Buffet has said: "Never bet against America." This has been seen over the decades and would be quite confident that this will continue despite some uncertainties that come along the way. Edit: Added a few of my own thoughts. [link] [comments] |
Here is a Market Recap for today Thursday, April 1, 2021 Posted: PsychoMarket Recap - Thursday, April 1, 2021 Stocks rose today, extending gains in another record-setting session. The S&P 500 (SPY) closed above $400 for the first time ever, starting the new quarter with a bang after President Biden announced a new $2 trillion infrastructure proposal. Today marks the first session of Quarter 2, hopefully putting to rest the volatility that dominated the market last quarter. Historically, the month of April has been good for equity markets, with the SPY gaining an average of 1.51% since 1980. Heading into Q2, we expect cyclical, energy, financial, and reopening stocks, whose performance is strongly tethered to the health of the broader economy, to continue driving the market higher. The last quarter saw the rotation out of tech and growth stocks as the US economy continues to gradually reopen due to the increased pace in vaccinations. Kristina Hooper, chief global market strategist at Invesco agrees, saying " I think we're going to see more of the same in terms of market leadership. This is an environment in which the economy is likely to accelerate. And I think that means that we'll see continued outperformance of areas like energy, like financials, like consumer discretionary, material, industrials — those areas of the stock market that are most sensitive to the economy." On Wednesday, President Biden introduced a new proposal called American Jobs Plan. The proposal includes roughly $2 trillion to help rehabilitate and build out the country's infrastructure, address the crisis around climate change and curb economic inequality. The plan includes spending to repair aging roads and bridges, jump-start transit projects, and rebuild school buildings and hospitals. It would also expand electric vehicles, replace all lead pipes and overhaul the nation's water systems. To pay for the proposal, Biden will propose raising the corporate tax rate to 28% from 21% for 15 years and implementing other policies to disincentivize offshoring. View a complete breakdown of the bill here. Looking ahead, the March jobs report is set to be released Friday. The report is estimated to show the economy created a whopping 630,00 jobs in March — the most since October 2019 before the coronavirus pandemic. As a reminder, US exchanges will be closed tomorrow in observance of Good Friday. Highlights
"To bear trials with a calm mind robs misfortune of its strength and burden." —Seneca [link] [comments] |
Nio Report Big Gains In First-quarter Deliveries Posted: Nio sprang in a surprise for its investors on April Fools' day by reporting deliveries that exceeded the tempered forecast the EV maker issued last week. Nio delivered 7,257 cars for the month of March, the Chinese EV start-up said in a statement released Thursday. This represented a record monthly total and a 373% increase year-over-year. The break-up of the monthly total is as follows: 1,529 ES8s, 3,152 ES6s, both of which are all-electric SUVs, and 2,576 EC6 premium smart electric coupe SUVs. The quarterly number was at a record 20,060 vehicles, up 423% from the first quarter of 2020. Nio has outperformed its domestic rival XPeng Inc. (NYSE: XPEV), which reported earlier Thursday monthly deliveries that could not beat its January total. [link] [comments] |
U.S. Market Recap - Thursday, April 1, 2021 Posted: Dow +0.52%, S&P 500 +1.18%, Nasdaq +1.76%, Russell 2000 +1.50%
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Not a bull, not a bear. How I see things right now. Posted: [This was a response to another commenter that I felt like could generate some good discussion. As I will mention a couple of times below, I'm new to investing, so consider this me working through my ideas and please do not take it as financial advice or the absolute truth of things.] So - I don't really love the bull case "Omg new paradigm, low interest rates, never bet against the USA!", nor the bear case (predicted 20 of the last 5 recessions). TBH to me it just seems like nobody can ever truly know... imperfect information and what not. I'm totally new to investing, but I did get my degree in economics. The market is definitely running hot right now, but then again, we can kind of afford it at the moment with all the easy money - the Fed is printing money precisely so that markets are more liquid. This is expected. We're also not totally detached from the fundamentals like we were with the dot com bubble. I mean, MSFT at 32 P/E ratio makes sense taking into account future earnings. You could say it makes sense for most of the S+P. The problem is that it has to stop at some point. I mean, future earnings could account for the kind of P/Es we have now, but when we start reaching into 40,50, 60... then you're really getting detached from any sort of fundamentals. The other thing to look at is how much leverage is being used. Right now, it's a lot. But again, that's to be expected because borrowing is so cheap right now. This is what the Fed wants. The Fed wants people to borrow, spend, invest, etc. Keep the wheels of the economy spinning. But everything has limits. At some point the Fed has to pump the brakes on this. They say that's what they will do. But as unemployment is still high and inflation is still below target, they're not there yet. That raises a couple of questions for me:
So, what am I doing given all this uncertainty? I'm going for a middle-ground solution. I've got about half of my portfolio in a target retirement fund (various index funds) that I've been adding to for a few years, and I've got the other half in individual stocks that are either good, reliable businesses or very defensive stocks. Some are mining stocks in the event of inflation. I'm also holding some dry powder as well as some inflation protected bonds as another place to dump money that isn't cash. Basically I'm playing the middle ground. If things go well, I will be able to ride the momentum. Not as well as everybody who is 100% in VOO, or 100% in winning tech stocks if they do rally and continue to do so. But I'll still do decently. If things go poorly, I'll lose more than someone who was 100% defensive or purely in cash, obviously. But I'll also do a whole lot better than anyone who was 100% VOO or 100% tech. I'm new to investing so take all of this with a grain of salt. Do your own research. But I think my econ degree, plus all of the research I've been doing the past 2 months or so, has given me some level of understanding of how things tend to work. I think my plan is appropriate given the uncertainty right now as well as my risk tolerance (which is not too high). [link] [comments] |
CRSP vs EDIT vs BEAM -- which would you choose for a 5-year high risk investment? Posted: Would really appreciate any ideas you have about these 3 companies. That's
I currently have 3% of my account in CRSP. Bummed today when it went down while EDIT and BEAM soared. I realize that ETFs might be great but they don't offer the type of high risk / high reward play I'm going for. I just want to try to find the next Amazon -- something that has a ~10% chance at being 100 billion in 5 years. [link] [comments] |
Apple collaborating with Tesla Posted: Apple will begin using Tesla's batteries at their new solar farm. This may lead to a long lasting relationship regarding battery technology. Tesla is more than a car company. It is a mass data collection company, battery innovation company, and lastly a car manufacturer. https://www.theverge.com/2021/3/31/22360839/apple-tesla-megapack-energy-storage-grid-solar-batteries [link] [comments] |
Amazon exploring opening outlets selling home goods, electronics Posted: https://fortune.com/2021/04/01/amazon-outlets-discount-home-goods-electronics/ Amazon.com Inc. has explored opening discount retail stores selling a mix of home goods and electronics, a potentially significant expansion of the company's growing portfolio of brick-and-mortar locations. The outlets would carry unsold inventory sitting in Amazon's warehouses at steep discounts, according to two people familiar with the plans. The company has considered opening permanent stores, as well as pop-up locations in malls or parking lots, said the people. The plans were preliminary and under discussion last year, but the pandemic and new Fresh grocery chain forced many employees to focus on day-to-day operations. This is a very good idea. Unsold inventory occupy the space and will cost company time and money. By opening the discount retail stores, it will be able to sell all the unsold inventory at a fast pace and save more warehouse space for useful inventory. This is also a good reopening strategy trend, which open physical stores to attract more customers to buy amazon products and invite them to become prime member. Many retail stocks are currently near 52 week high, so amazon could this the discount retail stores strategy to compete with them and increase retail market share. Investors will like any idea that amazon could increase revenue and the stock will be more attractive. [link] [comments] |
What was your biggest investing mistake and what did you learn from it? Posted: I recently was well overallocated to and got hit hard in a recent downturn that was much sharper than I imagined. It was painful. Sold low, then the holding popped up hugely the next few days. So then I bought back higher, at half my original allocation, only to see it bleed down once again. On the sale, I made a 20% cap gain, and I'm happy to have an allocation I am comfortable with now. But it was an interesting experience and some valuable lessons learned:
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Posted: For context, I'm 22, make $25/hr but have pretty much no bills since I live with my parents, so my risk tolerance is pretty high. I have about 55 shares of Tesla after "un-diversifying" and selling all my other stock. I'm pretty much all in. I cannot find any other company that i can put my money in where growth is seemingly inevitable. I do own bitcoin but what are some equities that I can purchase over the next few months, or all at once with 10k cash? I have a tiny % of my portfolio in Oracle, Trimble, Crispr, Upstart, Square, Paypal, to give you an idea of what types of stocks I'm attracted to. (data, fintech, autonomy). I'm averse to companies with binary outcomes like bio, pharma, etc. Any interesting leads? :) [link] [comments] |
AI will eventually figure out how to beat the market, right? Posted: Given a long enough timeline I feel like it's inevitable that a well programmed AI will be able to sift through all the infinite complexities of the market and find patterns to help it not just beat the market, but do so handily. Am I wrong in this assumption? And if I'm correct, wtf happens then? Computers figured out how to beat the greatest grand masters at chess a while ago, how far away is this really? [link] [comments] |
Found Old Stock Certificates, Are They Worthless? Posted: My father recently gave me a couple physical stock certificates that my grandfather bought in the 70s-80s. I've tried looking up the two companies listed on the certificates in Google, the NYS Division of Corporations website, and on my brokerage app but I can't seem to locate these companies, or any company that used to be known as these two. The companies are:
EDIT: Thanks to /u/Beholder88
EDIT2:
If anyone could help me discover if these companies are out of business, and conclude that my shares are worthless, it would be much appreciated. From what I can tell, Deep Sea Techniques was incorporated in the state of New York but Applied Management Sciences was incorporated in the state of Oregon. [link] [comments] |
Taiwan Semiconductors investing 100 billion to expand capacity. Look at AMAT and ASYS to benefit Posted: AMAT and ASYS will keep on seeing the orders flow in. This is news from today and capital equipment makers are hot. Applied Materials for a large broad capital equipment maker. Amtech Systems for the nice capital equipment maker. [link] [comments] |
Posted: I have owned ATT for some time and although I am very happy with the dividend, I realize that the company seems to be in a tough spot. Compared to Verizon, it seems that ATT is almost stagnant as a company and is having a hard time investing in future growth. It also did not raise it's dividend recently and I feel as if they face risk of having to cut the dividend In the future if they don't start becoming more profitable. Verizon seems to be in a better overall position especially when it comes to 5G exposure and quality. They pay less of a dividend though, which I am okay with because that frees capital for investments in their business. and while I do like the slight exposure to HBO max through ATT, I feel as if it is a small niche and the overall company isn't going to benefit greatly even if it grows well. I also own disney, so I do have other streaming services in my portfolio. T mobile seems to be the aggressive approach as the share price seems to reflect them doing well already, which worries me. I know they are in the 5G game, but my big gripe with them is the lack of a dividend. I don't think the share valuation with no dividend justifies the valuation, so I almost just included it to see if there's something I'm not really seeing. It probably has better growth prospects than Verizon or ATT, but if I'm cutting ATTs sweet dividends, I think Verizon will be my pick. I'm wondering if anybody here holds shares in any of these companies and can shine some light on why they chose them. I'm obviously leaning towards cutting my entire ATT position and entering into Verizon. T mobile seems to be a bit aggressive and expensive, especially since I'd be losing dividend payments if I were to transition to that stock. Any insight is appreciated. [link] [comments] |
Posted: I'm all in on Ammo Inc. Have been for a while. It seems as though there is a new catalyst every other week. I saw the dip before each event. Someone is playing it smart. I bought at each drop. It would be hard-pressed to not become a Behemoth Stock. With the latest, I see even more upside to sticking with them - AMMO, Inc. Increases Guidance for Fiscal Year 2021 From $58 Million to $62 Million, Reflecting a Projected 319% Year-Over-Year Revenue Growth. [link] [comments] |
Lordstown motors beta trucks come off assembly line Posted: Was happy to see news this morning that Lordstown Motors had the first two beta trucks come off the assembly line yesterday. I know I know -- SEC investigation -- yes I know one of their trucks burned to the ground in January on a test drive. But i like the way they are doing the trucks. They actually look like a truck -- compare it to the Cyber truck, and just looks alone it wins hands down. I also think the hub motors will be the way for EV to go in the future. The space a motor like Tesla uses can be dedicated to storage area or more battery space for longer distances. I'm slowly coming to face reality that EV will be what we drive in the next 10 to 15 years. So I've been watching and reading on different companies. I do have a few shares of Lordstown (38 shares -- please stop laughing at the small amount.) Hopefully the remaining test trucks come off the line without a hitch, the testing of them goes off without a hitch, and production starts this fall. https://electrek.co/2021/03/31/lordstown-motors-reveals-its-first-two-endurance-betas/ [link] [comments] |
A company named Kelly b services mooned today Posted: I noticed that they have an average volume of 2000 and a much higher volume today of several thousand percent does anyone know why in the past this stock has mooned. It seems to be a pattern every few months. [link] [comments] |
How exactly is NYSE Tick calculated/built? What's the logic behind it? Posted: How exactly is (NYSE) tick indicator calculated/built? What is the logic behind it? Tick uses OHLC. Say every second you record the current tick of an index. Numbers of stocks at an uptick minus number of stocks at a downtick. Now there's a list of 60 values after a minute. The open would be the first value, high would be the highest, low the lowest and close the last. I've tested this on the NYSE with live data in a spreadsheet. Resulting OHLC values are much lower and candlesticks are wider and thicker than what I see in available NYSE tick feeds (Tradestation/Sierrachart). OHLC values from them are each like 150+ vs less than 50 I just want to know, if anyone does, how exactly tick is calculated, what's the exact logic used in calculating? Sorry if my English is bad. Thanks for reading [link] [comments] |
Amarin got EU approval starting to sell VAZKEPA Posted: Amarin Corporation got approval to sell in the EU VAZKEPA They just started in Germany growing to other EU countries soon They are using MIAS Pharma to speed up the distribution process in the EU market Plus they are in a study called PREPARE-IT, that looks at a possible COVID drug use. Info on that could be coming out in the next possible months. https://clinicaltrials.gov/ct2/show/NCT04460651 Also check Amarin's reddit [link] [comments] |
Biden's Infrastructure plan and who benefits? Posted: Long post but easily readable. TLDR at the bottom. As of right now, Biden is speaking about the huge infrastructure plan. This plan is spread out over 8 years and will be paid for in new tax hikes. The tax plan is expected to raise the corporate tax rate from 21 percent to 28 percent, end federal subsidies for fossil fuel companies and increase the global minimum tax paid from about 13 percent to 21 percent, as well as other measures aimed at taxing corporations that shelter profits offshore to avoid taxes. More details about this plan are here: https://www.whitehouse.gov/briefing-room/statements-releases/2021/03/31/fact-sheet-the-american-jobs-plan/
IMO, the rare earth elements (REE) space is going to grow at a fast past over the next few years and decades. If you don't know what REE is, it's a group of 17 metals (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, yttrium) that appear in low concentrations in the ground. The popular ones used in mainstream commodities (such as electric vehicles, batteries, and energy storage) are lithium, graphite, cobalt, nickel, and copper. There was a Global Metals & Mining Live Virtual Investor Conference yesterday and today that saw several companies pitch their companies and talked about what they do and the how the mining business will see a lot of growth for the next several years. There's two US based companies that I would recommend and that's MP Materials, ticker symbol, MP and Energy fuels, UUUU. The reason mining rare earth metals is so important for the US is because we have to become independent from other countries to mine, specifically China. China supplied 80% of the rare earth metals to the US from 2014 to 2017 and they supply 75% of the rare earth materials to manufacturers. There is only one US based rare earth mine and that's California's mountain pass mine. Guess who owns it? MP Materials. I made a spreadsheet list of stocks and ETFs that may see some benefit from this plan. Tabs on the bottom so its divided by each category. https://docs.google.com/spreadsheets/d/1AmtSD9Bcg_BwcdOxSwR_li5uL3Omfa1SAFlcAMa7KJQ/edit?usp=sharing If you're still reading here, thanks for taking the time to read this. If you have any suggestions for stocks that will benefit, discuss here! TLDR: Long TSLA, MP, LIT, ARKX, clean energy stocks. Do your own research. Edit: Forgot to mention that this infrastructure plan is just a proposal! I think they will vote on it sometime in August/September AFAIK. [link] [comments] |
What is the difference between GMWKF and GAW.L Posted: I want to invest in Games Workshop, a miniature modeling and tabletop gaming company. I have been playing the game for years and I got into investing over last few months and want to buy some shares. I found that it has different tickers at very different prices and volumes. GAW.L has a much higher colume and price, while GMWKF has very few trades happening. I was just wanting to know what the difference is. I don't currently own any shares of either. I want to figure out which would be better to invest in. [link] [comments] |
Has BNN gotten really bad lately? Posted: Maybe I just never noticed it before, but over the past few months BNN has gotten really bad in terms of the frequency and type of advertisements they run. There's this one where it look like two people talking, In a similar format to how the normal show is, so at first glance it looks like the regular programming but it's actually heavily biased towards the company they are talking about because it's really an ad. I've also just noticed more ads in general. Am I going insane? [link] [comments] |
Posted: Say I have 20 stocks @ $25, and the current price is $15. Can I buy 20 stocks @ $15 and then immediately sell my original 20@$25 for $15? This is essentially the same thing as a wash sale, except I have enough capital to do it the opposite way. Would I be able to claim the loss this way? My broker uses the first-in/first-out method of trading. My first attempt at this post was removed for being too short, so here is my basic elongating ramble. Thanks in advance. Edit: you guys aren't understanding what I'm saying. I paid $25 for a stock that is now $15. I paid $500 for 20 stocks. Now I buy the same stock, 20@15 for $300. Can I immediately sell the original stocks that I paid $25 for for $300 and still claim the $200 loss? [link] [comments] |
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