• Breaking News

    Monday, May 10, 2021

    Home Unlabelled Stock Market - I analyzed 9000+ trades made by U.S Senators in the last two years and benchmarked it against S&P500. Here are the results.

    Stock Market - I analyzed 9000+ trades made by U.S Senators in the last two years and benchmarked it against S&P500. Here are the results.

    May 10, 2021

    Stock Market - I analyzed 9000+ trades made by U.S Senators in the last two years and benchmarked it against S&P500. Here are the results.

    I analyzed 9000+ trades made by U.S Senators in the last two years and benchmarked it against S&P500. Here are the results.

    Posted: 10 May 2021 07:06 AM PDT

    I analyzed 9000+ trades made by U.S Senators in the last two years and benchmarked it against S&P500. Here are the results.

    Preamble: The ability of Senators to trade stocks has been controversial from the start. The 2020 congressional insider trading scandal where Senators used insider knowledge to trade large positions in stocks just before the coronavirus pandemic crash was just one example where they used their privileged position for gain. While there is scope for a lot of discussion regarding the legality/ethical aspects of this, what I wanted to know is

    Did Senators beat the market and can I beat the market if I follow their trades after its been made public?

    Where is the data from: senatestockwatcher.com

    Massive shoutout to u/rambat1994 for putting in the efforts to create this site and make the knowledge public. The website has data of Senator trading from 2019. While I could observe that all the trades may not be captured by the site, given that we have more than 9K trades to work with, I feel that we should be good from a statistical significance perspective. Also, please note that the data will contain trades done by senators who are not currently in the senate (Either they were in Senate earlier and now in the house of representative or another position of power which forces them to disclose their trades)

    While senators are supposed to report the transaction within 30 days, the median delay in reporting that I observed for the trades was 28 days and the average delay was 52 days. There were some outliers that pushed the average up and are most likely due to the fact that their broker might not report the trade to them immediately.

    All the trades and my analysis are shared as a google sheet at the end.

    Analysis:

    https://preview.redd.it/ir6jqgjwsay61.png?width=644&format=png&auto=webp&s=d057f55015d8e25479815bfe760d4dde81240de6

    A total of 9,676 trades were made by the senators in the past two years. This analysis would be focusing on the stock purchases made by the senators. (The stock sales and the pandemic controversy can be a standalone analysis by itself). Out of the 4,911 Buy's what I am really interested in is the 1,375 transactions which were over $15K. I decided on this cutoff as I did not want small transactions (<5K) to affect the analysis. The hypothesis being that if someone is putting almost 10% of their annual salary into one trade, they should be very confident about the stock. (I know that some senators are millionaires and this hypothesis would not apply to them, but adding their net worth would again complicate the calculations unnecessarily)

    Results: For all the stock purchases I calculated the stock price change across 3 periods and benchmarked it against S&P500 returns during the same period.

    a. One Month

    b. One Quarter

    c. Till Date (From the date of purchase to Today)

    https://preview.redd.it/mnijwbqwsay61.png?width=948&format=png&auto=webp&s=828da0f685646a73946097f6b0dd86f753de024b

    At this point, it should not come as a surprise, but Senators did beat SP500 across the different time periods. But what I am really interested in is if it's possible to follow their trades after disclosure (after a time lag of 30 days) and still beat the benchmark.

    https://preview.redd.it/95cl91nwsay61.png?width=945&format=png&auto=webp&s=00ffc2fc430e5b7f3157ae4f264872d3ef95a0b2

    If you had invested in the stocks Senators bought, even after adjusting for the lag of disclosure, you would beat SP500 over the long run. My theory for this is that Senators usually play the long game and invest having a time horizon of more than a year as sudden short-term gains can put a spotlight on their trades. This gives the retail investors a window of opportunity where they can follow the trades and make a significant profit.

    Now that our main question is out of the way, we can really deep dive into the data and see some interesting patterns. The next question I wanted to be answered was which were the best trades made by Senators over the last 2 years.

    https://preview.redd.it/75nyoa5ltay61.png?width=624&format=png&auto=webp&s=cb5b27919716360fdbaf31f4548f4d21e0401b49

    Brian Mast seems to be the frontrunner with making almost 100% gain in one month, investing in lesser-known companies. Michael Garcia also seems to have made it rain with his Tesla plays. But not all the trades made by Senators were successful as shown below.

    https://preview.redd.it/xing6reltay61.png?width=624&format=png&auto=webp&s=9c9c3d13abbb8b060fecf8cee7b312bbdfd6efaf

    These are the worst trades made by Senators with Greg losing more than 80% of investment value within the disclosure period.

    But even Warren Buffet can go wrong on a stock pick. So, I wanted to know was who made the most returns over all their investments in the last 2 years. I only considered senators having at least $100K in investments and a minimum of 5 trades

    https://preview.redd.it/k4r34rpusay61.png?width=624&format=png&auto=webp&s=084ac821754d87d42d2f1ac9b822a9015125a443

    John Curtis made a whopping 95% average return on his investments. All the top 10 Senators comfortably beat the market return of 26.4% during the same investment period. The next thing I looked at is the Senators that had the most amount of money invested in stocks during the last 2 years.

    https://preview.redd.it/igyz3jwdvay61.png?width=624&format=png&auto=webp&s=223b91d21b9201211a21ea24ec2daee0627b9166

    The top 3 senators as shown above invested more than $15MM over the last 2 years and were also able to beat the market at the same time.

    Finally, this leads us to the last question of which were the most popular stocks among U.S senators

    https://preview.redd.it/fd66tjagvay61.png?width=624&format=png&auto=webp&s=9e92ab79c5b7316eb95e70dc22bed0b2f8615127

    As expected, big tech dominates the investments but what was surprising was the skew of investment towards Microsoft which had more money invested in it than the rest of the top 9 put together. One important thing to note here is that except for Antero, the rest all the companies have a $100B+ valuation.

    Limitations of analysis: There are multiple limitations to the analysis.

    1. The time period of the analysis is 2 years during which the market experienced a significant bull run. So, the results might change in a market downturn/recession
    2. The data has been sourced from senatestockwatcher.com as parsing the data from the official government site is extremely difficult. All the recorded transactions have a pdf of the disclosure linked to them (you can find it in the google sheet). I have made my best effort to QC the data and make sure there are no false positives. But this might not contain all the transactions made by Senators.
    3. There is no disclosure for the exact amount of money invested by Senators. The disclosure is always in ranges (e.g., $100k – $200k). So, for calculating the investment amount, I have taken the average of the given range.

    Conclusion:

    This analysis proves that Senators indeed get a better return than the overall market. Whether it is due to insider trading or due to their superior stock-picking capability is something that can't be proven from the data and is left to the reader's judgment. I intentionally left out the party affiliation of the Senators as I felt that it would bias the reader and was not the objective of this analysis.

    Whichever side of the political spectrum you lean-to, the above analysis shows that you get to gain by following their trades!

    Link to Google Sheet containing all the analysis and trades: here

    Disclaimer: I am not a financial advisor

    Edit:

    There are two chambers in the legislative branch: Senate and House. Not all of these people are "senators" as you describe.

    I mistakenly classified all of the trades under the broad term of Senators! This is a mixture of trades done by both houses. So please keep this in mind while reading the post. Apologies again as politics is not really my strong suit.

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

    Is this how to trade?

    Posted: 10 May 2021 12:42 PM PDT

    Most Anticipated Earnings For This Week! Are you making any plays?��

    Posted: 10 May 2021 04:44 AM PDT

    S&P 500 visual summary: May 10

    Posted: 10 May 2021 01:01 PM PDT

    I think a lot of folks don't understand what they are talking about when they claim market manipulation.

    Posted: 10 May 2021 12:45 PM PDT

    Prices are by definition, 'manipulated' because traders make money on price action in both directions. A trader's job is to force the highest possible trade before changing direction, hoping to create bagholders and then generate sentiment in the opposite direction to buy back at a lower price. That's what they are paid to do. Algorithms are constantly learning herd behavior so they can trade ahead of it.

    Investment funds exist to aggregate user money to make bets on the collective results of the world's traders, who are now mostly lines of code coded by mathematicians and statisticians. They trade on inside information and they all front-run the herd with misleading information or selective omission. As the investing public, we've all agreed that it's ok for them to cheat because they are cheating on our behalf in the form of investment savings, and pensions. We just ride the whale. For non-institutional traders like myself, we don't trade with a particular ideology. We just follow the whale. The funds are not 'smart' money as the media often claim. They are huge pools of money and their moves create their own gravity which affects the algos they own and benefit from. I apologize. They are 'smart' in the sense that they will always have information ahead of the rest of us.

    I would hope that the few actively traded funds who display their trades each day have demonstrated they are not particularly 'better' at this than you. They just have more money and can keep buying the dips or calling the top until it actually happens. As I said in another post, you're not necessarily worst than someone else, you just don't have a big enough account to offset your mistakes as they do theirs.

    The market will always go up because if it didn't, these folks would not be able to attract investor money. Over the decades, the market has collectively decided 7% - 12% is a good return because it's enough to attract new money into the hands of money managers and yet not high enough to discourage randos to try to beat it on their own - thus maintaining the illusion of a market. The price is the last trade, whether 100 shares or 1,000.

    You will always win in the long term if you just buy the broad market because it's designed to win. That said, if you're all in with the money you need tomorrow and you're riding out a correction, then that's on you.

    Source: Worked as a derivatives trader in the late 90s but computers do the job much better now. I trade with 10% of my account while the other 90% is just stuff I never sell and only add to.

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

    Harley-Davidson launches all-electric motorcycle brand 'LiveWire'

    Posted: 10 May 2021 06:51 PM PDT

    ETF Heatmap (category/sector/country) - May 10, 2021 at close

    Posted: 10 May 2021 01:28 PM PDT

    Today was hell and week isnt looking so well

    Posted: 10 May 2021 04:32 PM PDT

    I was lucky to buy tesla puts(I was just going to day trade them lmao) , but holy crap tdy was a sell off , we are getting close to those march lows again for some stocks lol.

    BUT heres what happened-

    colonial pipeline got cyber attacked so gas prices in the east cost will probably jump up if the pipe line isnt fixed within the next few days. OH BOY INFLATION and guess what , oil is used in trucks yall soo consumer products might have some...wait for it...inflation!

    NOW I want yall to take your economics 101 book and read chapter 4 , yes thats right supply shocks cause TEMPERORY inflation. BUT that doesnt matter because we already have a crap ton of inflation and a bunch of people screaming oh no the economy will crash , now que the sell off real quick. Now i dont know about yall but Im seeing this as a buy the dip ( i think this is dip 7 we are on right now ... correct me if im wrong).

    Then we have biden saying he wont cut the unemployment bonus and the fed stating just like they always have that they wont start tapering bonds any time soon . So for yall who dont get what this means , herehttps://www.youtube.com/watchv=O1hCLBTD5RM&t=5s&ab_channel=TimvanHelsdingen

    Also we have CPI data coming in this wed and so far its not supposed to look good soo if its crappy too ladies and gentlemen , im not a guy from the future but this week could be bloody and maybe part of next week too before we might recover from this dip , or market crash lol.

    TLDR: Its just inflation fears rising again from wallstreet and people panicing , other than that just give it a few weeks.

    Im not a financial advisor and this isnt financial advice

    submitted by /u/Prize_Cancel9331
    [link] [comments]

    VIRGIN GALACTIC CATALYST

    Posted: 10 May 2021 10:45 AM PDT

    Lets start with this...

    94.2% of the shares available to short have been shorted. (Borrowed & sold at market)

    34.2 million shares are estimated to be our shorted shares.

    We know 161 million shares available to trade publicly. We also know 70% of the shares are held by insiders & hedge funds. This leaves 30% of 161 million = 48.3 million shares available for shorts to buy back.

    So the "actual" short interest is 34.2 million / 48.3 million = 71%.

    This will likely get higher as the flight is announced, more shorts will pile up.

    Additionally, as we've seen during GME/AMC, during the squeezes, hedge funds & day traders buy in to hold more shares hostage for quick cash at the expense of shorts.

    This will go very very bad for shorts if a flight is announced and executed properly. Which is a pretty good chance, as the engineers had more then enough time to fix the problem and likely add improvements to SS2 that were implemented on SS3.

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

    What stock do you think you will never sell?

    Posted: 10 May 2021 05:31 PM PDT

    For me I think it's my Xiamo Corp stock. I don't really know why, maybe it's because it's the one that really got me into the stock market. What about you guys?

    I guess most of the time the reason you think you will never sell this one stock is because you are really thinking it's going to be a long term success (more than 20years). But if it is something else please explain the reason behind it.

    What stock do you think your childrens gonna inherit from you?

    Nb: not a shill post just discussion. Damn I really have to post more than 500characters here. It's just a random question I have nothing else more to add lol

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

    Back in the days.

    Posted: 10 May 2021 05:58 PM PDT

    Best Performances Year-to-date in the Real Estate sector

    Posted: 10 May 2021 06:19 PM PDT

    Here is a Market Recap for today Monday, May 10, 2021

    Posted: 10 May 2021 02:07 PM PDT

    PsychoMarket Recap - Monday, May 10, 2021

    Stocks fell sharply on Monday, with technology stocks swiftly reversing from Friday to come under pressure once more as the risk of inflationary pressures and recent suggestions from monetary officials weigh on the mind of market participants. The Nasdaq (QQQ) sank 2.53%, it's worst performance since March. Meanwhile, the Dow Jones (DIA) reached fresh intraday highs before pulling back while the S&P 500 (SPY) retreated from record levels, closing 0.95% down.

    Market participants are spooked that as the economy reopens and comes out of the pandemic, a surge in demand and consumer spending could drive a surge in prices. This, in turn, may prompt the Federal Reserve to raise interest rates sooner-than-expected, pressuring the valuations of technology and growth stocks. However, it is important to note that monetary officials, including Federal Reserve Chair Jerome Powell, have repeatedly said they expect any inflationary pressures to be "transitory". In an April 28 meeting he said, "Amid progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses." Looking ahead, the U.S. Bureau of Labor Statistics' April consumer price index (CPI) is set to be released Wednesday and the producer price index (PPI) on Thursday. These will show the latest change in prices for consumers and suppliers, and are expected to show a significant jump over last year's pandemic-depressed levels as demand resurges as the economy in the US reopens.

    Further spooking the markets is recent commentary from Treasury Secretary Janet Yellen where she suggested interest rates may need to rise to prevent the economy from "overheating". She said, "It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat, even though the additional spending is relatively small relative to the size of the economy. It could cause some very modest increases in interest rates to get that reallocation, but these are investments our economy needs to be competitive and to be productive. I think our economy will grow faster because of them." In later remarks, she seemingly downplayed her remarks, saying that raising rates was not something she was predicting or recommending and that the decision ultimately rests with the Federal Reserve. She said, "Let me be clear, that's not something I'm predicting or recommending. If anybody appreciates the independence of the Fed, I think that person is me."

    While it may seem like doom and gloom, this is the most important piece of the puzzle and why one shouldn't begin to panic about inflation or the economy overheating. Last Friday, the April Job Report reported only 266,000 jobs added in the month of April, missing estimates of more than 1 million and marking a sharp deceleration from the 916,000 jobs added in March. Despite significant progress, the economy remains roughly 8.2 million jobs short compared to pre-pandemic levels, and both the unemployment rate and labor force participation rate remain well below January 2020. The sharp decline in job growth allays fears that the Federal Reserve will be forced to tighten monetary policy anytime soon, with Powell and other monetary officials consistently reiterating the Central Bank wants to see a "string" of strong labor market gains totalling more than 1 million jobs added before any adjustment to the current policy is made. With the April report coming in far below estimates, the labor market remains far below the Central Bank targets, meaning it is extremely unlikely to tighten its accommodative monetary policy anytime soon.

    In short, a transitory rise in inflation is not surprising given the economy is recovering from a severe decline in prices from March 2020, and while substantial progress has been made, economic recovery, particularly in the labor market, remains far from complete.

    Highlights

    • Pfizer (PFE) and BioNTech (BNTX) submitted an application with the US FDA to approve use of their coronavirus vaccine for individuals 16 and older
    • The Bank of England upped their growth estimates for the economy of the UK, anticipating GDP will grow 7.25% in the country, up from its forecast for 5% growth in February. The BOE also now sees inflation averaging 2.5% in 2021, up from its prior forecast for 2%, but said the rise in price pressures will likely be "temporary."
    • The trial between Epic Games vs Apple (AAPL) has commenced. Epic has accused Apple of violating U.S. antitrust law and sued it in August after the tech giant yanked the developer's hit video game "Fortnite" from its App Store. Apple has defended itself by arguing that its app-marketplace policies are fair and that Epic breached a contract applicable to all developers distributing apps on its mobile devices by trying to make their own market place within the app store. Epic Games also sued Alphabet on similar grounds. Apple is facing a similar lawsuit in Europe filed by Spotify (SPOT)
    • U.S. Commerce Secretary Gina Raimondo plans to hold a May 20 meeting with senior U.S. auto industry leaders and other industry officials on a semiconductor shortage that has cut production, two sources briefed on the matter told Reuters.
    • No price targets increases today, technical issue on our end :(
    submitted by /u/psychotrader00
    [link] [comments]

    Interesting chart on P/E and US stock returns. I know most people on here are long term investors but should this affect your portfolio allocations in the short to medium term?

    Posted: 10 May 2021 02:18 AM PDT

    Market Open - 5/10

    Posted: 10 May 2021 06:49 AM PDT

    My Watchlist For 5/11/2021 - Low Risk Plays With A Proper Stop Loss

    Posted: 10 May 2021 06:13 PM PDT

    Big Investor Predicts That Bitcoin Will Rise To $250,000 In 5 Years: The Total Value Is The Same As Gold

    Posted: 10 May 2021 03:49 AM PDT

    ARK is getting scared of SPCE?

    Posted: 10 May 2021 05:59 PM PDT

    Fund Date Direction Ticker CUSIP Company Shares % of ETF
    1 ARKF 05/10/2021 Buy COIN 19260Q107 COINBASE GLOBAL INC 33,300 0.2596
    2 ARKF 05/10/2021 Buy TWLO 90138F102 TWILIO INC 37,705 0.3050
    3 ARKF 05/10/2021 Sell 9923HK G9835C108 YEAHKA LTD 315,600 0.4911
    4 ARKF 05/10/2021 Sell AAPL 037833100 APPLE INC 87,560 0.3057
    5 ARKF 05/10/2021 Sell SI 82837P408 SILVERGATE CAPITAL CORP 45,900 0.1099
    6 ARKG 05/10/2021 Buy PATH 90364P105 UIPATH INC 160,127 0.1279
    7 ARKG 05/10/2021 Buy RPTX 760273102 REPARE THERAPEUTICS INC 26,100 0.0105
    8 ARKG 05/10/2021 Buy SURF 86877M209 SURFACE ONCOLOGY INC 84,328 0.0080
    9 ARKG 05/10/2021 Buy VCYT 92337F107 VERACYTE INC 300,400 0.1582
    10 ARKG 05/10/2021 Buy MASS 65443P102 908 DEVICES INC 93,926 0.0565
    11 ARKG 05/10/2021 Buy IONS 462222100 IONIS PHARMACEUTICALS INC 134,100 0.0605
    12 ARKG 05/10/2021 Buy FATE 31189P102 FATE THERAPEUTICS INC 52,093 0.0483
    13 ARKG 05/10/2021 Buy ADPT 00650F109 ADAPTIVE BIOTECHNOLOGIES CORP 132,238 0.0525
    14 ARKG 05/10/2021 Buy CDNA 14167L103 CAREDX INC 183,588 0.1588
    15 ARKG 05/10/2021 Buy CDXS 192005106 CODEXIS INC 22,600 0.0049
    16 ARKG 05/10/2021 Buy CMIIU 125842203 CM LIFE SCIENCES II INC 28,153 0.0043
    17 ARKG 05/10/2021 Sell RHHBY 771195104 ROCHE HOLDING AG 464,000 0.2407
    18 ARKG 05/10/2021 Sell NSTG 63009R109 NANOSTRING TECHNOLOGIES INC 37,609 0.0289
    19 ARKG 05/10/2021 Sell TAK 874060205 TAKEDA PHARMACEUTICAL CO LTD 260,876 0.0553
    20 ARKG 05/10/2021 Sell SRPT 803607100 SAREPTA THERAPEUTICS INC 198,800 0.1765
    21 ARKG 05/10/2021 Sell PHR 71944F106 PHREESIA INC 59,423 0.0330
    22 ARKK 05/10/2021 Buy PLTR 69608A108 PALANTIR TECHNOLOGIES INC 1,070,331 0.0995
    23 ARKK 05/10/2021 Buy PATH 90364P105 UIPATH INC 112,173 0.0365
    24 ARKK 05/10/2021 Buy TWLO 90138F102 TWILIO INC 107,013 0.1563
    25 ARKK 05/10/2021 Buy FATE 31189P102 FATE THERAPEUTICS INC 204,170 0.0775
    26 ARKK 05/10/2021 Buy DKNG 26142R104 DRAFTKINGS INC 669,101 0.1511
    27 ARKK 05/10/2021 Buy BLI 084310101 BERKELEY LIGHTS INC 189,702 0.0449
    28 ARKK 05/10/2021 Buy TXG 88025U109 10X GENOMICS INC 154,988 0.1058
    29 ARKK 05/10/2021 Buy TSP 90089L108 TUSIMPLE HOLDINGS INC 112,917 0.0210
    30 ARKK 05/10/2021 Buy BEAM 07373V105 BEAM THERAPEUTICS INC 455,388 0.1484
    31 ARKK 05/10/2021 Buy TER 880770102 TERADYNE INC 417,298 0.2612
    32 ARKK 05/10/2021 Sell BEKE 482497104 KE HOLDINGS INC 1,203,800 0.2758
    33 ARKK 05/10/2021 Sell TREE 52603B107 LENDINGTREE INC 52,004 0.0452
    34 ARKK 05/10/2021 Sell SNPS 871607107 SYNOPSYS INC 148,000 0.1750
    35 ARKK 05/10/2021 Sell REGN 75886F107 REGENERON PHARMACEUTICALS INC 40,108 0.1014
    36 ARKK 05/10/2021 Sell NTDOY 654445303 NINTENDO CO LTD 136,400 0.0484
    37 ARKK 05/10/2021 Sell ICE 45866F104 INTERCONTINENTAL EXCHANGE INC 254,712 0.1470
    38 ARKK 05/10/2021 Sell HUYA 44852D108 HUYA INC 261,500 0.0205
    39 ARKK 05/10/2021 Sell BIDU 056752108 BAIDU INC 355,375 0.3281
    40 ARKQ 05/10/2021 Buy KTOS 50077B207 KRATOS DEFENSE & SECURITY SOLUTIONS INC 81,376 0.0719
    41 ARKQ 05/10/2021 Buy IRDM 46269C102 IRIDIUM COMMUNICATIONS INC 255,121 0.3243
    42 ARKQ 05/10/2021 Buy AONE G7000X105 ONE 50,400 0.0172
    43 ARKQ 05/10/2021 Buy PATH 90364P105 UIPATH INC 59,601 0.1295
    44 ARKQ 05/10/2021 Sell TDY 879360105 TELEDYNE TECHNOLOGIES INC 16,857 0.2507
    45 ARKQ 05/10/2021 Sell SPCE 92766K106 VIRGIN GALACTIC HOLDINGS INC 557,955 0.3442
    46 ARKQ 05/10/2021 Sell KMTUY 500458401 KOMATSU LTD 29,405 0.0316
    47 ARKW 05/10/2021 Buy TWLO 90138F102 TWILIO INC 29,955 0.1542
    48 ARKW 05/10/2021 Buy TTD 88339J105 TRADE DESK INC/THE 35,673 0.3337
    49 ARKW 05/10/2021 Buy DKNG 26142R104 DRAFTKINGS INC 182,020 0.1486
    50 ARKW 05/10/2021 Buy NNDM 63008G203 NANO DIMENSION LTD 1,077,701 0.1233
    51 ARKW 05/10/2021 Buy PLTR 69608A108 PALANTIR TECHNOLOGIES INC 294,177 0.0979
    52 ARKW 05/10/2021 Buy PATH 90364P105 UIPATH INC 108,374 0.1213
    53 ARKW 05/10/2021 Buy PDD 722304102 PINDUODUO INC 95,828 0.1995
    54 ARKW 05/10/2021 Sell PSTG 74624M102 PURE STORAGE INC 643,378 0.2061
    55 ARKW 05/10/2021 Sell OPEN 683712103 OPENDOOR TECHNOLOGIES INC 1,617,801 0.4872
    56 ARKW 05/10/2021 Sell BIDU 056752108 BAIDU INC 108,346 0.3546
    57 ARKW 05/10/2021 Sell API 00851L103 AGORA INC 105,162 0.0767
    58 ARKW 05/10/2021 Sell ADYEY 00783V104 ADYEN NV 38,963 0.0307
    59 ARKX 05/10/2021 Buy PRNT 00214Q500 THE 3D PRINTING ETF 28,011 0.1617
    submitted by /u/naptik187
    [link] [comments]

    Amazon just announced a huge partnership with Lion Electric Vehicles $LEV

    Posted: 10 May 2021 04:19 PM PDT

    where can I find quarterly report of Skillz?

    Posted: 10 May 2021 08:03 PM PDT

    After I heard about their earnings, I wanted to look at specific financial statement. I first went to their website and found quarterly reports that I saw online. However, when I went to SEC.gov, their 10-q filings seemed to be a lot different than Skillz quarterly results?

    https://www.sec.gov/edgar/browse/?CIK=1801661&owner=exclude

    Also, their filings were under different name, is this becauee Skillz is a blank check company? I thought all publicly traded companies were supposed to file under SEC.gov

    https://investors.skillz.com/financials/sec-filings/default.aspx

    Lastly, does anyone see 10-q for q1 here? it's their official website but only have 8-k for 2021

    submitted by /u/isaac000316
    [link] [comments]

    Cryptocurrency Trading Platform Binance Suspends Withdrawal Due To High Volume Of Traffic

    Posted: 10 May 2021 01:41 PM PDT

    Some long-term strategies worth remembering in today's speculative and volatile markets

    Posted: 10 May 2021 06:23 AM PDT

    Before we get into the juicy details, think for yourself: What are you shooting for? What is your financial goal? How risk-sensitive are you? Answering these questions will help to set you up for eventual success and develop your individual asset allocation strategy accordingly.

    Let's get to the facts: actively trading stocks, and timing market entries and exits come with inherent risks. Missing the best 10 days in the market between 2010 and 2020 would mean an overall decline of 33% (see Bank of America chart below). Moreover, it is unlikely you sell your assets right before a crash and buy back at the bottom. In most cases, the worst days are followed by the best days which would put you back on square one holding your cash waiting for the crash.

    Strategies to Pick Stocks

    Although stock-picking follows a more active approach, long-term investing means being active 1% of the time while leaving your portfolio alone for the other 99%. It is important to keep in mind that less than 10% of all public companies drive 100% of long-term stock-market returns. Therefore your mission is to find the 10% and patiently ride the wave.

    Some hands-on advice:

    • Limited diversification, as you cannot continuously research each company you are invested in on a regular basis. The range of 10-15 stocks is healthy, otherwise, go back to the previous section and consider passive investing.
    • Flexible & innovative companies can adapt their business model and expand their market potential. The companies with today's highest market caps all have this trait in common.
    • Don't ignore what is familiar, in 1966 Walt Disney was valued at $80 million and they just produced Mary Poppins turning over $30 million alone on that movie. The company was well-known and anyone could have picked up a few shares. $1000 invested back then would average you over $4 million today.
    • Know your strengths and profit from them. If you are mathematically gifted then focus on the fundamentals. If you work in the industry and know the competitive landscape and product lineup, do that. Find your own style of investing.
    • Google is your friend, look up the approval rate of the CEO on Glassdoor, read job reviews, check the company's premises on Google street view and go on the investor relations site of the company. You need to do your own due diligence because nobody physically audits the business you invest in.
    • Leadership and the CEO are decisive for the long-term success of a company. If the leader of a company is also its founder and owns lots of stock in it, the interests are aligned with the other shareholders and hence money is invested more efficiently.
    • Human resource management such as low employee turnover, revenue per employee, diversity, inclusion, and so forth.
    • Deep dive into the company: How does it create revenue? What is its market potential? Market growth versus the overall market potential of S&P500? What are the competitive advantages? Cashflow structure? Insider selling? Check on earnings calls, shareholder letters, and sweat the fundamentals a little bit.
    • Impact: Does this company contribute to a better future?
    • Don't overpay because even great companies can be too expensive when too much of their future earnings potential is already priced in. Microsoft's revenue was 3x higher in 2009 than in 1999 and still, the stock had lost 50% of its value in that timeframe.
    • Avoid owning a stock you can't explain or you lack conviction in.
    • Double down on companies that you are convinced are great investments for the long run even if you already own shares. If the business proves viable and returns are increasing, then it is likely to follow that trajectory in the near future.
    • Hold & wait: trade as little as possible to avoid taxes and to enjoy the runups. The shorter you hold an asset the greater the chance that you have to close the position at a loss. The magic of compound interest will do the rest for you.
    • "Don't lose money" – Warren Buffett & treat every dollar as an investment.

    I believe that beating the market is possible if you are patient and willing to invest time. After all, the business world is like a car race. In the last quarter of the race, it becomes more evident who might win, and your odds can be calculated with minimized risk exposure. Then you invest in the top-performing racers and still reap much of the benefits.

    Keep in mind that most stocks underperform the market. The outsized gains of a few winners are pushing your portfolio higher and make up for any losses on the way.

    Cash

    Oh, sweet cash sitting ducks in my account, what am I going to do with you? At current rates of around 1% (if even) it would take 70 years to double my money. By that time it is more likely that I am buried 6 feet underground. I wouldn't even get to experience my slim gains.

    Yet there is some upside to holding a percentage of your overall portfolio in cash. Besides, you can't pay your expenses off by handing out your stocks. Holding some cash is in both active and passive investing approaches detrimental. I advise holding approximately 5-15% of cash as it allows you to:

    • Leave your portfolio in peace
    • Remain calm during market volatility
    • Jump in when prices are low and be opportunistic in the markets

    Buying stocks in times of recession has historically brought about outsized gains for investors. It is worth remembering, the more it hurts holding some cash in market booms the more likely you will profit from a swift down-market. The best time to hold cash is when it really hurts to do so. Holding cash allows you to be prepared, and you don't have to worry about timing the market.

    ​

    Full article on leofontana.net.

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

    Anyone else seeing red? When do you usually just sell a stock and say it’s not worth holding anymore

    Posted: 10 May 2021 10:43 AM PDT
    Read more
    at

    No comments:

    Post a Comment