• Breaking News

    Sunday, May 2, 2021

    Stock Market - Alibaba raised staff salaries instead of leaders

    Stock Market - Alibaba raised staff salaries instead of leaders


    Alibaba raised staff salaries instead of leaders

    Posted: 02 May 2021 01:10 PM PDT

    Make it rain ����

    Posted: 01 May 2021 11:19 PM PDT

    Large Cap Stock Index Traders Last Week on Earnings

    Posted: 02 May 2021 02:55 PM PDT

    Dallas Federal Reserve Bank President Robert Kaplan spoke on Friday: "We are now at a point where I'm observing excesses and imbalances in financial markets,"

    Posted: 02 May 2021 05:42 PM PDT

    Dallas Federal Reserve Bank President Robert Kaplan spoke on Friday:

    "We are now at a point where I'm observing excesses and imbalances in financial markets,"

    Kaplan pointed at:

    historically elevated stock prices tight credit spreads and surging house prices

    And recommends:

    "I do think, at the earliest opportunity, I think it would be appropriate for us to start talking about adjusting ..." purchases os the Fed's $120 billion in monthly bond buys

    Pretty much all of the talking-head Fed officials have been falling into line with Powell on inflation being transitory and there will be no trimming of monetary stimulus any time soon.

    Kaplan and Vice-Chair Calrdia are the only ones, recently, who have stepped out of line. Kapaln said similar last month as well.

    Kaplan's comments are getting some notice across early NZ and Australia, raising a few eyebrows.

    He even went further and said (again) he believes the Fed will have to hike in 2022.

    Of course, he is a lonesome voice right now.

    https://www.forexlive.com/centralbank/!/icymi-feds-kaplan-broker-ranks-wants-to-talk-about-tapering-20210502

    submitted by /u/AndyLee168
    [link] [comments]

    U.S. Sanction Effect: Huawei Technologies Announced A Sharp Drop In Revenue

    Posted: 02 May 2021 06:57 PM PDT

    Strongest electronic payment stock in all of Russia

    Posted: 02 May 2021 06:37 PM PDT

    Strongest electronic payment stock in all of Russia

    When i first come to america, my english cause me problem. In Soviet Russia i was strong teacher, my english i know is best in all of Petropavlovsk. My brother Mikhail, he say to me, "Nikolai, you go to America, they make you rich like czar, take many women as lover, kill many bear". My brother, he is very wise, is greatest toymaker in all of Kamchatka Oblast. So next day i wake up, sell house, say goodbye to wife and children, and go to America to become millionaire. Then in America, I go to job interview with capitalist pig JPMorgan and pitch them strongest electronic payment stock in all of Russia. I tellings to bourgeoisie swine, "you buy many stock of QIWI, make rich and fat like Usmanov. Market cap of $662 million, but $534 million already acccounted in net cash (stronger margin of safety than iron curtain!) and only 0.6x EBITDA and 0.7x FCF meanings generated entire enterprise value in cash every 8 months (deeper value than Samotlor oil field!)" But fat cat interviewers sayings to me "Nikolai, you are not for job here. Your stock weak like woman and english poor like child." I take that man and smash his table, i sayings to him "someday i will be richest man in all of country, your children will wish me their father!" That day i go home and buy many stock of QIWI, but JPMorgan dogs downgrade QIWI to "underweight" like Ukrainian child in Holodomor! But sneaky capitalist is foolings me like village idiot Oleg. When i checkings bloomberg terminal and findings out JPMorgan buy cheap 177,726 QIWI stock! So I write letter to Mikhail and he write back "you will be millionaire soon! all of Petropavlovsk is proud for you! good luck brother! please send letter when you are president or maybe even czar! Hahaha! also, your wife is kill by bear." So i thankings you. Nazdarovie! May our dicks always hard and wallets always full.

    Comparable Company Analysis

    Discounted Cash Flow Analysis

    Leveraged Buyout Analysis

    Football Field

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

    My Watchlist For 5/3/2021 - Anti Hype, Low Risk High Reward Plays

    Posted: 02 May 2021 02:59 PM PDT

    $SPY to the moon

    Posted: 01 May 2021 11:49 PM PDT

    The American Jobs Plan and How it Affects How People Invest in the Stock Market

    Posted: 02 May 2021 11:24 AM PDT

    The American Jobs Plan and How it Affects How People Invest in the Stock Market

    Here's some charts that distribute the allocations of President Biden's $2T Infrastructure Plan or American Jobs Plan. Dollar value is approximate.

    https://preview.redd.it/bgcxr8191rw61.png?width=657&format=png&auto=webp&s=c2a54e70101dff07861af6eb58de5abc002b1f41

    https://preview.redd.it/n9ezy62a1rw61.png?width=993&format=png&auto=webp&s=5df018d3906f782556eb6e34044bde81d871f9bd

    https://preview.redd.it/9zdnsuyb1rw61.png?width=715&format=png&auto=webp&s=e511cce486dbe3002f6ac22d3f5d0400102bf6ad

    https://preview.redd.it/q5v7zsyb1rw61.png?width=1063&format=png&auto=webp&s=855f94ce7ff1b55d61c39becddac35889a21ad00

    https://preview.redd.it/sbmn9tle1rw61.png?width=600&format=png&auto=webp&s=55d14f6204cb1dc4f99527ff4e68ac09d0294f76

    https://preview.redd.it/30avftle1rw61.png?width=863&format=png&auto=webp&s=bd57e1cf38281f2349fde61a9011a935a994f862

    https://preview.redd.it/d94zt2wg1rw61.png?width=958&format=png&auto=webp&s=07e71c79ce1958ccb766e3a53764cb7f60324035

    https://preview.redd.it/6l5zf0wg1rw61.png?width=765&format=png&auto=webp&s=5d007756dcab2d14e5f175a448243d96269b953e

    More details on how the American Jobs Plan...

    Who is going to pay for this?

    We the people. Well more like we the 1%ers. And corporations.

    https://preview.redd.it/z14j0n3o1rw61.jpg?width=2000&format=pjpg&auto=webp&s=e7fe2cd9e9d38e4da56734d217c8c501452239ab

    https://preview.redd.it/p6d21ogo1rw61.jpg?width=2000&format=pjpg&auto=webp&s=a30da1959f47595babacc3650774f989fd15bd51

    https://preview.redd.it/5g4w1vqo1rw61.jpg?width=2000&format=pjpg&auto=webp&s=0ed852635707d9d9d8adbe160aa4dad4d00aa238

    https://preview.redd.it/2hsitf0p1rw61.jpg?width=2000&format=pjpg&auto=webp&s=2f0383487ee018543d3f7a30bb6134e9230e87c8

    https://preview.redd.it/vx91919p1rw61.jpg?width=2000&format=pjpg&auto=webp&s=383b42773f7f293fb9d2f5bf5f10d35f493d4c5b

    https://preview.redd.it/2dtl7lhp1rw61.jpg?width=2000&format=pjpg&auto=webp&s=cb3507e37634e17736b9f98e17b8e17e8a0049d6

    https://preview.redd.it/18vykusp1rw61.jpg?width=2000&format=pjpg&auto=webp&s=bf3d95dae53db941fb03e7482fc967affec7fb1a

    https://preview.redd.it/mayn216q1rw61.jpg?width=2000&format=pjpg&auto=webp&s=e25995d349c8bc226a6ef6eee2128fd9d0197319

    https://preview.redd.it/61cug0yq1rw61.jpg?width=2000&format=pjpg&auto=webp&s=d3e5ea3e071fc572baa1ae42e1468c0b0b546429

    https://preview.redd.it/kgk8in6r1rw61.jpg?width=2000&format=pjpg&auto=webp&s=a7a49f0adc94de30e276eac4dd6f2c7716350196

    https://preview.redd.it/s4xy9uhr1rw61.jpg?width=2000&format=pjpg&auto=webp&s=436800922f33ebebf6e28f504b16f4ff5635e68b

    So unless you're a high earner, this won't affect you (much). I made these charts about a week or two ago but I heard for the American Families Plan, individuals earning more than $452,700 and married couples earning more than $509,300 (meaning each partners could earn less than $400,000) could see a tax increase.

    What do you mean, "won't affect you (much)"?

    If there's tax increases for the rich, what will the rich do? They'll take their stock market gains before the tax increases. 2020 saw huge gains so we may see a correction in the coming months. How much of a correction you ask? I don't know but I would guess 10-15% in the broader market. More if you're into speculative high growth stocks. I say that because I know a lot of you have positions on them. Careful how you invest these next few months.

    And if there's tax increases for corporations, obviously they'll do whatever they can to avoid them. However even a 1% increase in their taxes (note below I mention that many corporations pay very little taxes because of loopholes) will affect their bottom line. This means earnings will be less and therefore lower stock valuations.

    https://preview.redd.it/65swnd332rw61.png?width=1260&format=png&auto=webp&s=228f04d002b432308b558a4583878367e49a559b

    So if the rich sell and corporations are being taxed more, how will that affect the stock market?

    1. Less incentive to invest due to more taxes. People will look to other investments or stay cash. (Seriously though, the tax plan won't make a huge difference unless you're a 1%er.)
    2. Bonds become more favorable. Income from bonds issued by state, city, and local governments (municipal bonds, or munis) is generally free from federal taxes. You will, however, have to report this income when filing your taxes. Examples: MUB, HYD, VOHIX, VWAHX.
    3. ETFs and Mutual funds are more favorable. They both are taxed at the long-term capital gains rate of 0%, 15%, and 20% depending on your earnings. ETFs, however, have an advantage over mutual funds due to three reasons: 1) 2018, 89% of ETFs were passive vs. 4% of mutual funds. Less trading involved with passive. 2) Any high dividend or high interest paying securities will receive more distributions, therefore a high tax bill. 3) ETFs have greater liquidity as they are traded during market hours vs. mutual funds are traded at the beginning and end of market sessions.
      *In 2018, Goldman Sachs did a study that showed 100% of their ETFs did not pay capital gains. Broadly, 90% of ETFs did not pay capital gains compared to 39% of mutual funds.
    4. 4. Tax advantaged accounts like Roth IRA and 401K are more favorable. If you're one of the super rich, take a look at the backdoor Roth IRA. It's a way for super rich people to put money into retirement without the contribution limits. Roth IRA contribution limit is $6,000 per year. BUT if you make more than $140,000 as a single or $206,000 filing jointly as married then you cannot contribute to a Roth IRA. The easiest way to get by this is converting a traditional IRA account to a Roth IRA account.

    What does history say about stock market performance after tax increases?

    "In the 13 previous instances of tax increases just since 1950, the S&P 500, the stock index that tracks most of the major companies in the US, has shown higher average returns, and higher odds of an advance, in times when taxes are increasing, according to Chisholm's research, which analyzed the data in the calendar year of the tax changes, plus the year prior and year after. This pattern holds true even when you drill down into key sectors of the S&P 500." Here's a chart of the S&P500 performance after tax increases. Not too bad eh?

    What's happening now with the current tax law?

    • 91 Fortune 500 companies paid $0 in federal corporate taxes. Amazon, Chevron, Halliburton, and IBM are some of those companies. Corporate tax rate is currently 21%.
    • 56 Fortune 500 companies paid 0-5% on their 2018 income.
    • 2017 tax bill cut the average rate that corporations paid in half from 16 percent to less than 8 percent in 2018. I couldn't find any data on this but its due to loopholes in the tax system.

    The Made in America Tax plan

    • Will raise over $2 trillion over the next 15 years and more than pay for the mostly one-time investments in the American Jobs Plan and then reduce deficits on a permanent basis.
    • Increase corporate tax rate at 28% from 21%
    • Right now, the tax code rewards U.S. multinational corporations that shift profits and jobs overseas with a tax exemption for the first ten percent return on foreign assets, and the rest is taxed at half the domestic tax rate.
    • The proposal will increase the minimum tax on U.S. corporations to 21 percent and calculate it on a country-by-country basis so it hits profits in tax havens. It will also eliminate the rule that allows U.S. companies to pay zero taxes on the first 10 percent of return when they locate investments in foreign countries.
    • The United States is now seeking a global agreement on a strong minimum tax through multilateral negotiations.
    • Invert the current law in which U.S. corporations can acquire or merge with a foreign company to avoid U.S. taxes by claiming to be a foreign company, even though their place of management and operations are in the United States.
    • A proposal that companies can no longer write off expenses that come from offshoring jobs. Instead a tax credit will be proposed to support onshoring jobs.
    • Invert a Trump tax law for "Foreign Derived Intangible Income" (FDII), which gave corporations a tax break for shifting assets abroad and is ineffective at encouraging corporations to invest in R&D. Instead the revenue will be used to expand more effective R&D investment incentives.
    • Enact a minimum tax of 15% on large corporations' book income.
    • Eliminate tax preferences (worth billions of dollars) for fossil fuels and make sure polluting industries pay for environmental clean up.
    • Increase enforcement for tax evasion. Typical workers' wages are reported to the IRS and their employer withholds, so they pay all the taxes they owe. By contrast, large corporations have at their disposal loopholes they exploit to avoid or evade tax liabilities, and an army of high-paid tax advisors and accountants who help them get away with this. At the same time, an under-funded IRS lacks the capacity to scrutinize these suspect tax maneuvers: A decade ago, essentially all large corporations were audited annually by the IRS; today, audit rates are less than 50 percent.

    So what should I do to prepare if this bill passes?

    Nothing different honestly. Keep investing. DCA - dollar cost average if your stocks drop. Stay the course in your high conviction names. De-risk if you have to by investing in safer investments like index funds or ETFs. I know a lot of you are into SPAX (special purpose acquisition companies. I spelled it this way in case this sub banned the real acronym) and other speculative companies. There's almost 500 of them out there. 217 of those were from 2020. To be honest, 1% of those companies will moon. Most of them won't see a return for years. Are you willing to hold them without knowing they will moon in 5-10 years? Some may not even make a return. Make sure you understand market conditions. Stocks really do go up but its only the ones that are backed by strong earnings and potential. Don't get burned. Money is not everything but it's a tool to bring you financial freedom sooner in life. You know what they say, "there's only two things guaranteed in life: death and taxes".

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

    Most discussed stocks of April'21 and their sentiment! What are your moves for May?

    Posted: 02 May 2021 06:01 AM PDT

    Explanation of the 1.8T "American Family Plan" that has been causing fears of inflation and higher corporate taxes throughout the market.

    Posted: 02 May 2021 03:44 PM PDT

    Stocks watchlist ahead of the trading week.

    Posted: 02 May 2021 07:57 PM PDT

    Stocks watchlist ahead of the trading week.

    This weekend was one of those weekends that you feel the time is just not enough to do everything you want to do, this post is being uploaded a bit late in the day because of that and it got to the point of not even being able to send the email watchlist out but I wanted to share these stocks with everyone.

    https://preview.redd.it/7mpm46v3ltw61.png?width=1047&format=png&auto=webp&s=c9a9a1b6b6f52f435a5a9905dc240e7c618ab383

    https://preview.redd.it/07uw89v3ltw61.png?width=1048&format=png&auto=webp&s=e26358b258b1484d2913adf534a709146519e7d0

    https://preview.redd.it/yc9538v3ltw61.png?width=1045&format=png&auto=webp&s=85c2c41e705acdc362300278da9e8b6892545015

    https://preview.redd.it/cpnn49v3ltw61.png?width=1047&format=png&auto=webp&s=399063b8da14babdef3113f91eb272b45706304d

    https://preview.redd.it/kfytq9v3ltw61.png?width=1048&format=png&auto=webp&s=ccb349d015e571b98ddf6e457277f844f47ce9d5

    https://preview.redd.it/9tr71bv3ltw61.png?width=1047&format=png&auto=webp&s=0ffbbe16f534007ffb312f26300b8cfd3f5eaaa9

    https://preview.redd.it/uldozav3ltw61.png?width=1048&format=png&auto=webp&s=95e24076c92e457d01f2d96f6ce5717ed8301c1d

    https://preview.redd.it/dbo8n6v3ltw61.png?width=1047&format=png&auto=webp&s=f7151c09cdcba29d11e1d8c7dab51bcd9e726b8c

    https://preview.redd.it/ibtlo7v3ltw61.png?width=1045&format=png&auto=webp&s=b9b71edc9023d0782edf489717c0e4e7e775f0f2

    https://preview.redd.it/f3chdcv3ltw61.png?width=1047&format=png&auto=webp&s=56d87709677ba4eb527d1075d79a69dad2c3b84b

    There are a few names here that are from last week, the reason for it is because they are worth the watch because of the range they still have, I recently wrote an article about why so many traders fail -> https://traderscolony.com/Publicacion/Blog/74 this article will give you a perspective that you might not think of yet, enjoy the rest of your day and come prepared to the market.

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

    Subscribe for more:

    Posted: 02 May 2021 07:21 PM PDT

    Stock buying strategy?

    Posted: 02 May 2021 06:21 PM PDT

    I'm just curious what everyone's strategy is. I only have about 3k invested. I started by picking 10 or 12 stocks. At first I was picking good dividend stocks then I changed my mind to just strong blue chip stocks that I thought would have steady growth. Every 2 weeks I put 200 into my account and buy some of those I picked. I have no real rhyme or reason. Im up 10% in 3 months buy feel like I got lucky. I don't plan on selling anything anytime soon and then doubt myself because I feel like I should take profits. How do you all decide what to buy? How do you decide to sell? I had no plan when I bought and everyone always answers "follow your original plan". TIA

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

    Back in 2009, I had a police officer wake me up before I had to go to school. He said “you’re getting evicted, wake up”. My step mom had to sit outside while I gathered as much as possible in the 30 minutes we were given. ——————This Skit literally hit home. Thanks WallSt.��

    Posted: 01 May 2021 09:46 PM PDT

    Investing Philosophy V (Fundamental vs Technical Analysis: which works better? Why does the stock price drop after an earnings beat?) - 5/2/2021

    Posted: 02 May 2021 10:55 AM PDT

    Hello investors,

    It's been a while since I last posted a memo and I am still going through a busy transition with the work. I hope everyone is staying safe and riding the markets to the top.

    1) Fundamental vs Technical Analysis

    I wanted to discuss a topic that should probably have been addressed earlier. I didn't realize until recently that many of the folks that are just getting started in trading tend to lean more towards the "technical" analysis of investing and I believe it is critical to understand what the difference is between a technical and fundamental analysis.

    Quick answer to the question of which works better, there is no better or worse. It's a combination of the two that makes an analysis more comprehensive, based on a Mosaic Theory.

    Just for the sake of formality, here are the quick definitions of each.

    Technical analysis: Technical analysis is concerned with price action, which gives clues as to the stock's supply and demand dynamics – which is what ultimately determines the stock price. Patterns often repeat themselves because investors often behave in the same way in the same situation. Technical analysis is concerned with price and volume data alone.

    Fundamental analysis: Fundamental analysis considers the value of the company. This ultimately depends on the value of its assets and the profits it can generate. Fundamental analysts are concerned with the difference between a stock's value, and the price at which it is trading.

    Many people tend to look at the charts and patterns of stock price movements and make quick decisions based purely on the technicals, such as breaking out of a resistance level, forming a consolidation, gapping, ascending vs descending triangles, moving averages, and so on.

    I think what many fail to understand is that these trading strategies are highly specialized, meaning that there are hundreds of thousands of people trying to benefit from this type of analysis and most of them fail to achieve consistent returns.

    And these are industry veterans with years of experience and the resources with computing power to recognize patterns and being able to execute on the trade ideas in a millionth of a second.

    It's not to say that you can't profit consistently from these strategies. I'm saying you cannot simply rely on "this stock price just broke the 200-D moving average and has a potential to move exponentially higher" type of analysis.

    There is a concept called "efficient market hypothesis" ("EMH"), which basically states that share prices reflect all information and consistent alpha generation is impossible.

    Now, I have previously mentioned that it is possible to generate alpha in this memo.

    What I didn't mention is different levels of EMH.

    Weak efficiency: This type of EMH claims that all past prices of a stock are reflected in today's stock price. Therefore, technical analysis cannot be used to predict and beat the market.

    Semi-strong efficiency: This form of EMH implies all public (but not non-public) information is calculated into a stock's current share price. Neither fundamental nor technical analysis can be used to achieve superior gains.

    The point of today's memo is that I believe the market tends to fluctuate between weak and semi-strong efficiency levels of EMH, meaning a combination of fundamental and technical analysis can lead to excess returns and I personally tend to put a heavier weight into the fundamental analysis.

    From a personal standpoint, technical analysis is almost a 50/50 chance game for an average trader. A person who monitors charts at home during the day out of his/her 4 monitors will almost never generate consistent profits over 10-20 year period.

    Don't get me wrong. It is possible to generate alpha for that person.

    All I'm saying is of the 1,000 hours he spent monitoring and trading on those securities, only 10 hours of research actually resulted in any profitable ideas and he just racked up tens of thousands of dollars in trading fees, just to increase his winning odds from 51% of all trades to 52%.

    It's not really an efficient way to use your time and energy if you ask me.

    After all, technical trading yields very thin odds of success, anywhere from 51% to 53% winning probability on any single trade. That's why professional investors diversify their strategies across hundreds of different trades in a single hour using automated trades, which an average investor doesn't have the capacity to do so.

    My suggestion is to approach it from the Warren Buffett style of investing.

    Study the company, understand the business model, and evaluate how the company is priced relative to your view of the intrinsic value.

    One important caution to this approach.

    I have also observed recently that many people tend to buy into this type of analysis: "COVID-19 is almost near the finish line and people will likely to eat out at bars and restaurants and therefore, I will buy the restaurant stocks."

    Or this, "Biden administration is pushing clean energy policy and EV stocks will outperform."

    While these are good ideas to start off of, they're not the end.

    It's almost like saying "US population is increasing and more people will drive cars. Therefore, I will buy auto stocks."

    These are big leaps in assumptions. We need to fill in the gaps.

    My suggestion is to think in more depth, especially in terms of numbers.

    For example, "COVID-19 is almost near the finish line and restaurant visits are increasing as % of 2019 levels. Darden Restaurants is poised to benefit from this trend because it is highly specialized in an indoor dining experience and the demand is picking up, as evidenced by its growing sales numbers that are higher than its competitors. The stock is currently trading at 37x 2021 P/E, which seems to be undervalued given the fact that it is expected to grow its bottom line at more than 40% over the next three years, yielding a PEG ratio of less than 1. Its peers are also trading at 50x 2021 P/E. Therefore, if the company exceeds the profit growth expectations, the stock has a potential to outperform the market."

    This is a more in-depth fundamental analysis, divided into two parts: 1) qualitative factors that prove why the company is better positioned against its competitors and 2) quantitative factors (mainly the valuation, or what the market priced in) that will drive its stock price outperformance.

    The bottom line is, when you are picking stocks, do not make the big leap in assumptions, coupled with preliminary technical analysis. Instead, approach it from a view of an investor: "what is good about this business and why would I buy into this company rather than its competitor who seems to be having more success? Is the company priced at an appropriate valuation? Will its market cap grow from $10B to $50B? And why?"

    Which leads me to the second topic of today's memo.

    2) Why does the stock price drop after an earnings beat?

    The answer is simple: it's because the market has priced in a better outlook than what's reported.

    If the street consensus estimate was $2 EPS for a company and the earnings came out to $3, it doesn't mean the stock price will jump. And it can be for many different reasons.

    Perhaps the company beat on the earnings but fell below the estimates on the topline.

    Or the company's margins shrank dramatically.

    Or the company sold lower volumes of a new line of cars than expected, which was supposed to show an exponential growth. But the higher-priced cars offset the losses and still resulted in an earnings beat. The market was pricing in the growth of the new line of cars but now that growth expectation has disappeared.

    You really need to think at a high level on earnings beat. It's not a 1+1=2 type of problem.

    On top of that, you will never know what the market has priced in its growth expectations until the actual earnings come out.

    This is because we can only know what the market has priced in only after observing the stock price reaction after the earnings. Because the stock price dropped after the earnings, the market was expecting a better outcome than the actual and by definition, it is an after-the-fact analysis.

    Over time, the stock price mean reverts to its earnings potential and any anomalies in the way will be reverted back.

    Thus, a better game to play is to focus on its fundamentals, study the earnings, and determine if this company will outperform not just qualitatively but also from a quantitative perspective. Will it expand its trading multiple? Will the earnings outperform the street expectations?

    Hope this helps and thank you for reading!

    Cheers

    submitted by /u/gohackthat
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    Impending $CAR crash, how long can the fraud continue?

    Posted: 02 May 2021 10:44 AM PDT

    Impending $CAR crash, how long can the fraud continue?

    Avis, aka $CAR, has been on a steady rise to the moon throughout the entire pandemic. Oddly enough, car rentals are down significantly, and the company is deeply in debt.

    Jagdeep Pahwa is on the board of $CAR and currently the Vice President of SRS Capital Management.

    SRS Capital Management as of 2/21/21 owns 26.4% of $CAR.

    Rumor has it the price is being held up to benefit stakeholders during the Hertz bankruptcy, but I'm not that smart and cannot connect those dots.

    I'm simple minded, I look at the price, the product, the lack of a profit, and can't see this holding the trend any longer. I'm calling $CAR crashes by 50% short term... prove me wrong or join my on YOLO Puts 🤞💎🙌💎

    submitted by /u/Artvandalay5
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning May 3rd, 2021

    Posted: 02 May 2021 04:43 AM PDT

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

    Here is everything you need to know to get you ready for the trading week beginning May 3rd, 2021.

    More earnings, April's big jobs report and inflation worries could swing markets in the week ahead - (Source)


    April's jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May.


    Stocks notched solid gains in April, as REITs, consumer discretionary names and communications services companies outpaced the broader market, all more than 7% higher. However, April finished on a sour note, with stocks selling off on Friday.


    "Since November, there's been a 30% rally," said Jimmy Chang, chief investment officer at Rockefeller Global Family Office. He noted that historically the November to April period is historically the strongest for stocks. "There's the adage 'sell in May, go away.' It may be somewhat appropriate this year since we've done so well in the last six months."


    Big jobs report

    April's employment report is released Friday, and the market is expecting a big number.


    Economists say payrolls in April could easily reach 1 million, after 916,000 jobs were added in March. Estimates range from about 700,000 to a forecast of 2.1 million from Jefferies economists.


    According to Dow Jones, there is a consensus forecast of 978,000 among the economists it surveyed and the unemployment rate is expected to fall to 5.8% form 6%.


    Fed speakers will also be important after Fed Chairman Jerome Powell said in the past week that the Fed is still looking for "substantial further progress" in its goals for the economy.


    The chairman emphasized that the Fed is not close to tapering back its bond buying program, a surprise to some investors. Some bond market pros had expected the Fed to start discussing cutting back purchases at its June meeting and begin to reduce its $120 billion monthly bond buying by the end of the year or early next year.


    "Next week is all about the jobs number, because as part of the Fed's path to 'substantial progress' on their two roles, we'll see how much further along that path they are next Friday" said Peter Boockvar, chief investment officer at Bleakley Advisory Group. The Fed's mandate is to pursue full employment and a steady pace of Inflation, which it has targeted at 2%.


    The Fed has expected a temporary period of high inflation which it expects to see subside later in the year though Boockvar and others say inflation could be hotter than the Fed expects. The core personal consumption expenditures price index jumped 0.36% in March, with the year-ago rate rising from 1.4% to 1.8%. It is expected to go even higher in April. Headline inflation in the consumer price index is expected to begin running at 3% or better when it is reported May 12.


    Just days after Powell's comments on tapering, Dallas Fed President Rob Kaplan Friday said the Fed should begin the discussion on paring back bond purchases because imbalances in financial markets and the economy is improving faster than expected.


    The market's focus on the Fed's bond program makes the jobs report even more important. If the Fed starts to taper back those asset purchases, it would then signal it would be on the path toward raising interest rates. Most economists do not expect the Fed to raise interest rates before 2023.


    "If this jobs number comes in super hot, it's going to make people up their estimate on when the Fed might taper," said Michael Schumacher, director rates at Wells Fargo.


    Powell is among Fed speakers in the coming week, but he is not expected to provide any new views when he participates in a National Community Reinvestment Coalition conference Monday afternoon. Kaplan speaks Tuesday and Thursday, and New York Fed President John Williams and Cleveland Fed President Loretta Mester are also among Fed officials speaking in the coming week.


    Earnings soar

    So far, a record 87% of S&P 500 companies have beat earnings estimates, and earnings look to be growing by more than 46%, according to Refinitiv.


    Credit Suisse Chief U.S. Equity Strategist Jonathan Golub upped his forecast Friday for the S&P 500 based on strong earnings. "We are raising our 2021 S&P 500 price target to 4600 from 4300, representing 9.2% upside from current levels, and 22.5% for the year," he wrote.


    Earnings are expected from a diverse group of companies, from General Motors to ViacomCBS. Pharma will be in the spotlight as vaccine makers Pfizer and Moderna both report. Draftkings and Beyond Meat are also on the schedule.


    A host of travel related companies issue results, including Booking Holdings, Hilton Worldwide , Marriott Vacations, and Caesars Entertainment. Consumer brands, like Anheuser Busch Inbev and Estee Lauder also report, as do insurers including AIG, Allstate, and MetLife. (A calendar with some key earnings dates appears below.)


    Chang said the market has discounted a lot of the positive news already.


    "In spite of the really strong reports from the bellwether companies, you're seeing some of the names starting to peter out a little bit," said Chang. "I think it's a sign that so much good news is discounted. I suspect the market is due for a breather. I think in the next couple of months, we're likely to see sideways movement. There's likely to be a pullback which will be healthy."


    The S&P 500 was up 5.2% in April, finishing Friday at 4,181. It is now up 11.2% for the year so far. The Dow rose 2.7% in April, to 33,874, and the Nasdaq gained 5.4% in April, ending Friday at 13,962.


    Chang said he expects some of the "boring" blue chips that haven't participated as much in the rally to do better. Some of those names can be found in pharma, he said.


    Heading into the coming week, investors will be watching for words of wisdom from Warren Buffett at Berkshire Hathaway's annual meeting Saturday.


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

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

    S&P Sectors for this past week:

    (CLICK HERE FOR THE S&P SECTORS FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    (CLICK HERE FOR THE CHART!)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART LINK #1!)
    (CLICK HERE FOR THE CHART LINK #2!)

    S&P 500 and DJIA Up Last 9 Post-Election Year Mays

    May officially marks the beginning of the "Worst Six Months" for the DJIA and S&P. To wit: "Sell in May and go away." Our "Best Six Months Switching Strategy," created in 1986, proves that there is merit to this old trader's tale. A hypothetical $10,000 investment in the DJIA compounded to a gain of $960,943 for November-April in 70 years compared to just $1,656 for May-October. The same hypothetical $10,000 investment in the S&P 500 compounded to $788,997 for November-April in 70 years compared to a gain of just $10,145 for May-October.

    May has been a tricky month over the years, a well-deserved reputation following the May 6, 2010 "flash crash". It used to be part of what we once called the "May/June disaster area." From 1965 to 1984 the S&P 500 was down during May fifteen out of twenty times. Then from 1985 through 1997 May was the best month, gaining ground every single year (13 straight gains) on the S&P, up 3.3% on average with the DJIA falling once and two NASDAQ losses.

    In the years since 1997, May's performance has been erratic; DJIA up twelve times in the past twenty-three years (four of the years had gains in excess of 4%). NASDAQ suffered five May losses in a row from 1998-2001, down – 11.9% in 2000, followed by thirteen sizable gains in excess of 2.5% and five losses, the worst of which was 8.3% in 2010.

    Post-election Year Mays rank near the top, registering average gains on DJIA and S&P 500 of 1.3% and 1.7% respectively. DJIA and S&P 500 have advanced in every post-election year May beginning in 1985. Russell 1000 has been up ten years straight in post-election year Mays.

    (CLICK HERE FOR THE CHART!)

    S&P 500 Up Over 10% First Four Months – Preceded Flat May to late-October

    As of yesterday's close, S&P 500 was up 11.5% year-to-date. Provided these gains hold through the end of April, this year will be just the seventeenth time since 1950 that the S&P 500 has finished the first four months of the year with a gain exceeding 10%. The best January to April span occurred in 1975, up 27.3% (S&P 500 was in the early stages of a new bull market following the bear ending 10/3/1974 in which the S&P 500 declined 48.2%). The next best year was, 1987 (most will remember what happened later that year) and the most recent year was 2019 (a solid year from beginning to end).

    In the above chart we have plotted all 17 previous years in which the S&P 500 was up over 10% January through the end of April. Along side for comparison is "All Years," "Post-Election Years," and 2021 through yesterday. In the previous 17 years, gains tended to fizzle in early-May before gaining some additional ground from around mid-June to mid-July before once again stalling out till late September with more weakness lasting until late-October. On average, by late-October arrived, gains from the previous three months were given back and since the start of May S&P 500 gained around 2.5% on average. You don't have to go away in May but considering the historically modest gains from early-May to late-October, it may not quite be worth sticking around.

    (CLICK HERE FOR THE CHART!)

    Here Comes Sell In May

    "The sun was warm but the wind was chill. You know how it is with an April day. When the sun is out and the wind is still, you're one month on in the middle of May." American Poet Robert Frost

    One of the best known investment axioms is to "sell in May and go away." This is largely because the six months from May through October have historically been some of the weakest months of the year for stocks. As you can see below, the next six months have tended to be on the weak side.

    (CLICK HERE FOR THE CHART!)

    As shown in the LPL Chart of the Day, the next six months have indeed been the worst six months of the year, up only 1.7% on average. To add insult to injury, we are leaving the six most bullish months of the year. In fact, the S&P 500 Index is set to gain close to 30% during these most bullish six months, one of the best six-month gains ever.

    (CLICK HERE FOR THE CHART!)

    "Stocks are up more than 87% from the March lows, suggesting a well-deserved pullback during these troublesome months is quite possible," explained LPL Financial Chief Market Strategist Ryan Detrick. "But with an accommodative Fed, fiscal and monetary policy, along with an economy that is opening faster than nearly anyone expected, we'd use any weakness as an opportunity to add to positions."

    Here's the catch, isn't there always a catch? Stocks have actually been higher during these worst months of the year eight of the past ten years.

    (CLICK HERE FOR THE CHART!)

    U.S. Economy Jumps Out of the Gate in 2021

    In what was initially expected to be one of the slower quarters of the year, the U.S. economy jumped out of the gates in 2021, with gross domestic product (GDP) growing 6.4% quarter over quarter. A faster than expected vaccination program, nearly $3 trillion in fiscal stimulus—including direct payments to consumers—and faster than expected job growth helped fuel a surge in personal consumption—the largest portion of GDP.

    As shown in the LPL Chart of the Day, personal consumption grew 10.7% on an annualized basis in the first quarter, the second highest level since the 1960's:

    (CLICK HERE FOR THE CHART!)

    "The U.S. economy is off to a great start in 2021, and this should set the stage for solid growth in the remainder of the year as pent up demand continues to flow through the economy," added LPL Financial Chief Investment Officer Burt White. "Many areas of the country are still facing restrictions on activity, so we don't think growth will just be limited to the first quarter."

    However, the growth story in the first quarter wasn't solely about direct stimulus payments. While personal consumption has understandably gained a lot of attention, federal non-defense spending added the most to GDP in nearly 60 years, a segment of the economy unaffected by transfer payments like stimulus checks.

    Digging into the numbers even further, spending on services grew a modest 4.6%, which should accelerate in the second and third quarters as remaining restrictions are lifted in response to falling cases and rising vaccinations. As of April 28, the US is averaging around 2.5-3 million vaccines administered per day, which has helped over half the adult population receive at least one dose of the vaccine, while nearly 40% of adults are fully vaccinated, according to the Center for Disease Control and Prevention.

    The U.S. vaccination program has helped pull the economy forward, but net trade was a modest drag on growth in the first quarter, where domestic growth pulled in imports at a faster pace than the recovery outside of the U.S. lifted exports. As the rest of the world gets better control of COVID-19, rebounding economic growth overseas should provide an additional tailwind for U.S. economy.

    We upgraded our forecast for U.S. GDP in our recent Weekly Market Commentary from 5–5.5% to 6.25–6.75%, and we expect to see the economy continue its pace in the second quarter as restrictions are lifted and activity normalizes.


    Where Do President Biden's First 100 Days Stack Up Versus President Trump?

    President Biden's 100th day in office is tomorrow, on April 29. Hard to believe it has been 100 days already, but overall the economy continues to improve and stocks have done very well under our new President.

    We've heard the question many times: Where does the Biden rally rank? That is what we will look at today. The term "hundred days" was first used on July 24, 1933, on the radio by President Franklin D. Roosevelt (FDR). He was discussing the 100-day session of the 73rd U.S. Congress, but over time this term has changed to refer to the first 100 days of a new president.

    Per Ryan Detrick, Chief Market Strategist, "President Biden has been quite kind for stocks, with the Dow up nearly 10%, which is on pace for the best first 100 days in office since FDR in the early 1930s. Then toss in the cherry on top that stocks had one of their greatest rallies ever from Election Day until the inauguration and it is clear that although maybe everyone might not like President Biden, but the stock market doesn't have many issues with him."

    As shown in the LPL Chart of the Day, the Dow has averaged 4.3% the first 100 days of a new President, while it has been higher the first 100 days in office for five of the past six Presidents. In fact, President Biden's return currently ranks as the third best since 1900, with only Taft and Roosevelt better. Lastly, breaking it down by political party and the first 100 days under a Democratic President was much stronger, up 10.3% on average versus down 0.2% for a Republican President.

    (CLICK HERE FOR THE CHART!)

    Here's a chart we shared earlier this year that shows that stocks did amazingly well from Election Day until the inauguration under President Biden.

    (CLICK HERE FOR THE CHART!)

    What can we glean from those first 100 days? Is there any pattern that might suggest how stocks will do during the rest of the time President Biden is in office? You can look for yourself below, but there doesn't appear to be any clue as to what might happen. President Eisenhower had a weak first 100 days, then a big rally over the remainder of his time in office. Conversely, President Taft saw a big rally during the first 100 days, only to have negative returns for the remainder of his time in office. In the end, fundamentals, valuations, and technicals drive long-term equity returns. The good news is only once since the Great Depression did that mean lower returns for the remainder of time in office after the first 100 days.

    (CLICK HERE FOR THE CHART!)

    Wild Data Close To Q1

    Today was quite the day for economic data, with two key releases from the Bureau of Economic Analysis (BEA) and Bureau of Labor Statistics (BLS). We'll start with BEA data on personal income and spending in March.

    First, as shown below, the savings rate surged in the month, with households saving 27.6% of personal income net of taxes. That's a huge number, even by the standards of the elevated savings rates that we've seen over the course of the pandemic.

    (CLICK HERE FOR THE CHART!)

    The reason there was so much saving going on is that transfer payments rose by more than $300bn on the month, driven by the delivery of economic impact payments also known as "stimulus checks" or even shorter: "stimmies."

    (CLICK HERE FOR THE CHART!)

    Incomes also rose thanks to rebounding labor market activity following winter storms in Texas during February and the longer-term trend of reopening across the economy. As shown, the 13.5% annualized growth of wage and salary income in the month was very strong. It was also helped along by wage growth, which we will discuss later on.

    (CLICK HERE FOR THE CHART!)

    With spending surging thanks to stimulus checks and other factors, core personal consumption expenditure prices surged by the most MoM since 2009, over 4% annualized. The 4% move was in no small part due to the swing in activity from February to March, and isn't likely to be sustained, but it is a helpful indicator that prices may be more robust in this recovery than they were during the low inflation post-GFC period.

    (CLICK HERE FOR THE CHART!)

    For broad inflation that will concern the Fed, one factor that will be needed along with steadily rising prices is strong wage growth. The second big report today was Q1 wages in the BLS Employment Cost Index (ECI). The ECI does a better job of measuring wage growth than other series because it accounts for changes in the composition of employment over time. As shown in the chart below, Q3 saw the strongest sequential wage growth on record, with a 4.6% annualized advance in wages versus Q4. Some of that came from incentive-paid occupations, which benefit from bonuses and related payments, skewing the results. As shown in the chart, though, there was very strong wage growth even excluding incentive-paid occupations. Anecdotal reports of very tight labor markets amidst booming reopening demand got support from this release.

    (CLICK HERE FOR THE CHART!)

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending April 30th, 2021

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 5.2.21

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

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


    • $PYPL
    • $PFE
    • $SQ
    • $ROKU
    • $PTON
    • $GM
    • $DKNG
    • $MRNA
    • $CVS
    • $CRSR
    • $RKT
    • $SKLZ
    • $ON
    • $VIAC
    • $ETSY
    • $PENN
    • $UBER
    • $EL
    • $EPD
    • $TWLO
    • $ATVI
    • $TMUS
    • $FSLY
    • $MRO
    • $GOLD
    • $VSTO
    • $SPWR
    • $AMC
    • $AYX
    • $SPCE
    • $FVRR
    • $LPX
    • $CHGG
    • $NET
    • $REGN
    • $BYND
    • $UAA
    • $QRVO
    • $CRNT
    • $COP
    • $RUN

    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR THE MOST ANTICIPATED EARNINGS RELEASES BEFORE MONDAY'S MARKET OPEN!)

    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:


    Monday 5.3.21 Before Market Open:

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

    Monday 5.3.21 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)

    Tuesday 5.4.21 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)

    Tuesday 5.4.21 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!)

    Wednesday 5.5.21 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)

    Wednesday 5.5.21 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #5!)

    Thursday 5.6.21 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #4!)

    Thursday 5.6.21 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #2!)
    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #3!)
    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #4!)
    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES LINK #5!)

    Friday 5.7.21 Before Market Open:

    (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #1!)
    (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK #2!)

    Friday 5.7.21 After Market Close:

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

    DISCUSS!

    What are you all watching for in this upcoming trading week?


    PayPal $262.29

    PayPal (PYPL) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 5, 2021. The consensus earnings estimate is $1.01 per share on revenue of $5.90 billion and the Earnings Whisper ® number is $1.11 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of approximately $0.99 per share. Consensus estimates are for year-over-year earnings growth of 60.32% with revenue increasing by 27.76%. Short interest has increased by 9.6% since the company's last earnings release while the stock has drifted lower by 1.1% from its open following the earnings release to be 18.4% above its 200 day moving average of $221.46. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, April 12, 2021 there was some notable buying of 18,731 contracts of the $270.00 call and 18,431 contracts of the $270.00 put expiring on Friday, June 18, 2021. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 6.5% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Pfizer, Inc. $38.65

    Pfizer, Inc. (PFE) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $0.79 per share on revenue of $13.64 billion and the Earnings Whisper ® number is $0.85 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.25% with revenue increasing by 13.40%. Short interest has decreased by 7.0% since the company's last earnings release while the stock has drifted higher by 8.1% from its open following the earnings release to be 4.8% above its 200 day moving average of $36.88. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, April 26, 2021 there was some notable buying of 21,839 contracts of the $40.00 call expiring on Friday, July 16, 2021. Option traders are pricing in a 4.0% move on earnings and the stock has averaged a 2.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Square, Inc. $244.82

    Square, Inc. (SQ) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 6, 2021. The consensus earnings estimate is $0.17 per share on revenue of $3.31 billion and the Earnings Whisper ® number is $0.23 per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 950.00% with revenue increasing by 139.66%. Short interest has increased by 13.1% since the company's last earnings release while the stock has drifted higher by 0.7% from its open following the earnings release to be 23.5% above its 200 day moving average of $198.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, April 26, 2021 there was some notable buying of 3,357 contracts of the $250.00 put expiring on Friday, June 18, 2021. Option traders are pricing in a 8.3% move on earnings and the stock has averaged a 7.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Roku Inc $342.97

    Roku Inc (ROKU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 6, 2021. The consensus estimate is for a loss of $0.15 per share on revenue of $490.56 million and the Earnings Whisper ® number is $0.04 per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for revenue of $478.00 million to $493.00 million. Consensus estimates are for year-over-year earnings growth of 66.67% with revenue increasing by 52.93%. The stock has drifted lower by 25.8% from its open following the earnings release to be 20.4% above its 200 day moving average of $284.80. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, April 29, 2021 there was some notable buying of 1,875 contracts of the $400.00 call expiring on Friday, May 7, 2021. Option traders are pricing in a 10.2% move on earnings and the stock has averaged a 8.8% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Peloton Interactive $98.35

    Peloton Interactive (PTON) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 6, 2021. The consensus estimate is for a loss of $0.11 per share on revenue of $1.11 billion and the Earnings Whisper ® number is ($0.03) per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 45.00% with revenue increasing by 111.59%. Short interest has increased by 41.3% since the company's last earnings release while the stock has drifted lower by 34.0% from its open following the earnings release to be 11.3% below its 200 day moving average of $110.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 16, 2021 there was some notable buying of 4,629 contracts of the $145.00 call expiring on Friday, June 18, 2021. Option traders are pricing in a 10.4% move on earnings and the stock has averaged a 7.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    General Motors Corp. $57.22

    General Motors Corp. (GM) is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, May 5, 2021. The consensus earnings estimate is $1.01 per share on revenue of $32.67 billion and the Earnings Whisper ® number is $1.35 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 62.90% with revenue decreasing by 0.12%. Short interest has increased by 11.7% since the company's last earnings release while the stock has drifted higher by 2.9% from its open following the earnings release to be 35.2% above its 200 day moving average of $42.33. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, April 21, 2021 there was some notable buying of 14,871 contracts of the $63.00 call expiring on Friday, May 21, 2021. Option traders are pricing in a 5.8% move on earnings and the stock has averaged a 3.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    DraftKings Inc. $56.66

    DraftKings Inc. (DKNG) is confirmed to report earnings at approximately 7:00 AM ET on Friday, May 7, 2021. The consensus estimate is for a loss of $0.41 per share on revenue of $230.08 million and the Earnings Whisper ® number is ($0.44) per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 2,150.00% with revenue increasing by ∞. Short interest has increased by 51.7% since the company's last earnings release while the stock has drifted lower by 5.6% from its open following the earnings release to be 12.5% above its 200 day moving average of $50.37. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 15, 2021 there was some notable buying of 10,709 contracts of the $65.00 call expiring on Friday, May 7, 2021. Option traders are pricing in a 8.8% move on earnings and the stock has averaged a 7.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Moderna, Inc., $178.82

    Moderna, Inc., (MRNA) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, May 6, 2021. The consensus earnings estimate is $2.04 per share on revenue of $2.19 billion. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 682.86% with revenue increasing by 26,005.61%. Short interest has decreased by 19.4% since the company's last earnings release while the stock has drifted higher by 18.6% from its open following the earnings release to be 60.3% above its 200 day moving average of $111.57. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, April 16, 2021 there was some notable buying of 10,955 contracts of the $190.00 call expiring on Friday, July 16, 2021. Option traders are pricing in a 9.2% move on earnings and the stock has averaged a 8.4% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    CVS Health $76.40

    CVS Health (CVS) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $1.72 per share on revenue of $68.38 billion and the Earnings Whisper ® number is $1.77 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 9.95% with revenue increasing by 2.43%. Short interest has decreased by 6.0% since the company's last earnings release while the stock has drifted higher by 1.5% from its open following the earnings release to be 11.5% above its 200 day moving average of $68.50. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, April 21, 2021 there was some notable buying of 20,584 contracts of the $65.00 call expiring on Friday, May 21, 2021. Option traders are pricing in a 4.0% move on earnings and the stock has averaged a 3.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    Corsair Gaming, Inc. $33.18

    Corsair Gaming, Inc. (CRSR) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, May 4, 2021. The consensus earnings estimate is $0.30 per share on revenue of $449.70 million and the Earnings Whisper ® number is $0.38 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Short interest has decreased by 9.4% since the company's last earnings release while the stock has drifted lower by 29.4% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 17.3% move on earnings and the stock has averaged a 4.6% move in recent quarters.

    (CLICK HERE FOR THE CHART!)


    I hope you all have a wonderful Sunday and a great trading week ahead r/StockMarket.

    submitted by /u/bigbear0083
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