Stocks - r/Stocks Daily Discussion Monday - May 03, 2021 |
- r/Stocks Daily Discussion Monday - May 03, 2021
- GAMESTOP Completes Voluntary Early Redemption of Senior Notes
- $BRAG $BRGGF Announces Richard Carter as new CEO!
- Palantir hires former IBM Watson Health exec as first US government chief medical officer
- Uranium market update, one of the biggest catalysts to date is about to be in place.
- Thoughts on ARKK?
- Want to know what's happening with APHA & TLRY today? Read this!
- TSMC just announced they expect to catch up with auto chip demand by late June (FORD, etc)
- Iron ore hitting all time highs and continuing this commodity supercycle.
- Historical Post Earnings Moves MEGA Compilation (Week 3) - $AMC, $ROKU, $SQ, $ETSY, $Z, $PTON, $RKT, $CRSR, $MT, and More
- APHA & TLRY Holders - Don’t panic! Here's what happens to stocks when mergers close...
- Here is a Market Recap for today Monday, May 3, 2021
- Doller cost averaging
- How to DD properly?
- DD (Coupang - The Korean e-commerce Giant)
- Portfolio Management Tool / Tracking?
- How many of you day trade as a living? How stressful is it and would you recommend doing it as a way to get by?
- How does an ETF initially get priced?
- First DD TSX:PHO not the Vietnamese noodle, but a semiconductor industry company from Canada
- What's Happening in the Markets: Week of 5/3/2021
- Why is everyone saying there’s going to be hyperinflation?
- Buying “the dip”
- Berkshire Hathaway
- $POWW AMMO Inc. Announces Closing of Acquisition of GunBroker.com
- Best alternative to S&P 500 for long term growth.
| r/Stocks Daily Discussion Monday - May 03, 2021 Posted: 03 May 2021 02:30 AM PDT These daily discussions run from Monday to Friday including during our themed posts. Some helpful links:
If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Please discuss your portfolios in the Rate My Portfolio sticky.. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| GAMESTOP Completes Voluntary Early Redemption of Senior Notes Posted: 03 May 2021 05:19 AM PDT Elimination of Long-Term Debt Further Strengthens Company's Balance Sheet and Supports Transformation GRAPEVINE, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) ("GameStop" or the "Company") today announced that on April 30, 2021 it completed its voluntary early redemption of $216.4 million in principal amount of its 10.0% Senior Notes due 2023. This voluntary early redemption covered the entire amount of the outstanding 10% Senior Notes, which represented all of the Company's long-term debt. [link] [comments]  |
| $BRAG $BRGGF Announces Richard Carter as new CEO! Posted: 03 May 2021 09:19 AM PDT Richard Carter sold his previous company to DraftKings for $3.2B this is huge for an emerging iGaming Company! [link] [comments]  |
| Palantir hires former IBM Watson Health exec as first US government chief medical officer Posted: 03 May 2021 04:07 AM PDT https://www.cnbc.com/2021/05/03/palantir-hires-former-ibm-watson-health-exec.html Palantir has hired its first U.S. government chief medical officer, a former executive from IBM's Watson Health business, as the data analytics company doubles down on its life sciences business. While the company made its name in software used by government defense agencies, sales to health-related agencies in the federal government have doubled over the last year. The company announced Monday its has hired former IBM Watson Health Deputy Chief Health Officer Bill Kassler to lead public health and life sciences teams across Palantir's domestic and global businesses. Kassler said in an exclusive interview with CNBC that he would bring his expertise in clinical care and public health to the role, helping to connect the software to researchers who could benefit from it. "Palantir is just an exciting group of young, talented engineers and data scientists and real, real intelligent, smart people," he said. "But in order to deploy technology, you have to understand the theory and the logic and the practice of healthcare and public health. And I think we see a lot of technology companies that want to get into health but don't know that, make mistakes because they're not intimately familiar. And what I can bring to Palantir is my expertise as a clinician, as a public health doc, as somebody who has been working in this field for years to help with the science and the strategy and the relationships." Investing in tech for the next pandemic In his new role, Kassler said, he wants to help put Palantir's technology in the hands of researchers who can use it to make smart decisions in the next pandemic. He highlighted three areas that he believes can be improved with the help of tech solutions like Palantir's: patching supply chain issues, dealing with localized surges of cases, and tackling racial and ethnic disparities. Palantir's Foundry platform has played a significant role in the U.S. government's response to the Covid-19 pandemic as well as private companies' handling of essential supply chains. Palantir's technology allows researchers to combine and overlay datasets in ways that can make supply chain weaknesses or outbreak hotspots more obvious, allowing them to act quickly on their findings. On the government side, the National Institutes of Health has recently begun using Palantir's platform to combine datasets from 50 different academic groups that it funds in ways that would have been cumbersome without the software. Palantir's technology helps the groups share data in ways that protects patient identities but allows them to gain more insights by analyzing a much larger dataset than they would have access to in their individual group settings. Julie Bush, who leads Palantir's federal health care work, said the data is now being used to better understand how the Covid-19 has impacted people with different backgrounds and conditions. Bush said that type of broad data-sharing was less common prior to the pandemic, but that she hopes it continues after. "People love to hoard their data," she said. "And the pandemic really forced people to come together and be willing to share information and sort of set the bureaucracy aside. And, of course subject to data use agreements and other things, what we really saw was incredible collaborations happening across the government." Kassler said he wants to see the technology used for more everyday use cases, too. One example he gave is how the Centers for Disease Control has already used the technology to help narrow the possible sources of an outbreak linked to produce. Rather than recalling produce from a large region, Palantir can help the agency trace the supply chain and pinpoint a smaller target. "We don't know what the next pandemic will be," Kassler said. "So we have to be prepared. And in order to do that we have to have invested in the systems that are able to have that situational awareness and to be able to enable organizations to respond quickly." [link] [comments]  |
| Uranium market update, one of the biggest catalysts to date is about to be in place. Posted: 03 May 2021 06:15 AM PDT To say we had an interesting few weeks in the uranium sector would be a massive understatement. We have seen new geopolitical support for nuclear power and a massive new catalyst in the form of the newly formed Sprott Uranium Trust (more on that later). There was also a new version released of the Bear Traps Report, a popular type of newsletter that in the words of John Quakes is "send to thousands of Wall Street money managers". It is also believed that the initial run up was sparked by the sharing of a similar Bear Traps Report article around November/December of last year, sparking the first leg up with institutional capital positioning in the sector. There is *a lot* happening beneath the surface and the coming few months will, in my view, prove to be significant. Here is the first part of the Bear Traps Report with my own added comments as well: In 2020, six nuclear reactors were connected to the gnd. Of these, Belarus and the UAE opened their first nuclear reactors. This, despite the pandemic. We expect this trend to continue over the balance of the century. There are currently 108 planned nuclear reactors globally at various stages of the approval funding process. Different countries get different percentages from nuclear reactors, a sample: China, 4.9%; India, 3.2%, Japan, 7.5%, UK 15.6%, USA, 19.7%. The take away is that between China, the UK and the USA, alone, there is plenty of potential growth in nuclear reactor electricity supply and, of course, these countries have the financial wherewithal to fund the requisite nuclear reactors to go green should consensus so direct. Production from mining (in tonnes U) for 2019 was. 22,808 from Kazakhstan: 6,938 from Canada, 6,613 from Australia, 5,476 from Namibia, estimated 3,500 from Uzbekistan 2,983 from Russia, estimated 1,885 from China, 801 from Ukraine, and 67 from the USA Production in the U.S. has been in steady decline: 2014 = 1,919, 2015 = 1,256, 2016 = 1,125, 2017 = 940, 2018 = 582, 2019 = 67. The main takeaway here is there is a seemingly strong geopolitical risk component to Uranium supply. U.S. production has essentially evaporated, an extremely bullish fact for forward Uranium pricing given Biden's pro-nuclear stance. Production of Uranium concentrate in the U.S. has fallen steeply and steadily (pounds U308): 2,422,789 for 2017, 1,446,496 for 2018, 173,875 for 2019. In the first quarter of 2020-8,989 vs 58,481 in first quarter 2019 vs 226,780 first quarter 2018 and 450,215 first quarter of 2017. Overall, nuclear power provides about 11% of global electricity output. Demand grows alapually in the single digits. Because of low prices, global Uranium supply is down 25%. If prices double, mines will reopen and consolidate. If the U.S. alone decides to go big on nuclear prices will at least double. And assuming prices double, supply will be adequate to power U.S. nuclear ambitions. It goes both ways. The U.S. produces but 7% of its own demand, with 93% dependent on imports. "For strategic issues such as power supply and defense, this is not a healthy situation, and therefore the plan was made for a strategic stockpile, "Gabi Schneider, the executive director of the Namibian Uranium Institute, explains, adding it is ultimately the US's goal to expand uranium production domestically in order to shrink, or halt outright, U.S. imports of Uranium. The U.S. goverment's Uranium strategic stockpile effort passed last December is a key, and telling, first step. At the state level, legislatures have begun passing laws that set up support for nuclear reactors. This represents a big shift from half a century ago. The Biden administration is pro-nuclear power. China's nuclear reactor capacity is set to grow from 46 GWe in 2020 to 108 GWe by 2030. We expect ground to be broken for nuclear reactors over the balance of this decade in Uzbekistan, Kazakhstan and Poland. Projects have begun in Turkey, Bangladesh and Egypt. So it's not just a question of the wealthiest countries jumping in. Consensus thought on Uranium has been remarkably stupid, missing the supply cuts, missing the 5x move in conversion prices (UF6), missing the 40% rise in SWU (enrichment) prices, and missing the recent run up in spot prices (U308). Basically, consensus can't even think one step ahead when it comes to basic economics. It didn't occur to them that money losing mines would be shut down. The US needs to guarantee greater uranium supply. For that it needs U.S. mines to reopen and consolidate. For that Uranium prices have to double. The new U.S. Uranium stockpile could prove a key component to that price shift. Uranium just entered supply deficit Kazakhstan's Uranium production forecast is for its Uranium production to peak next year and to go into serious decline post 2030. All of this comes down to one simple fact, it is that we are running out of time for uranium prices to get going and the longer this doesn't happen, the higher the eventual price overshoot to try and make up for a decade of lost capex investments and exploration. If utilities come to the table within the next 12 months, some form of price control can be asserted and perhaps a slower run up into a price of roughly 60-65 dollars with a small overshoot to around 80 dollars by 2024 might be the most probable scenario. If they don't though, we might be looking at triple digit uranium once more. One massive new catalyst that was brought to the table recently was the fact the coming into existence of the Sprott Uranium Trust. The bear traps report names 9 reasons why this will likely have significant implications for the broad uranium market: Uranium Participation Corp was a company that was buying U and sitting on it, the original yellow cake. The market will now have daily price discovery and a retail / family office / small asset manager speculation vehicle. This is a game changer. Now we have a new team taking over (Sprott). Very bullish for uranium. Why? Here is why:
That marks the end of this uranium market update and I hope you enjoyed the read. With so much happening both in front as well as behind the scenes, hopefully I can be of aid to help you traverse this opaque market in the best way possible. We are at the foot of what will undoubtably prove to be a generational event, but it will be an extremely volatile and wild market all the way up and eventually down as well. If you got any questions or comments, my dm's are always open. As always I wish you all a good and healthy rest of your day and good luck out there in the markets, cheers! [link] [comments]  |
| Posted: 03 May 2021 08:38 AM PDT I'm usually a pretty rational investor but I'll admit I got caught up in the hype earlier this year and bought GME, BB, ARKK, and AMC at just about the peak (except GME). Nothing I wasn't able to lose but still money down the drain. I was able to make 20% off GME but that was canceled out and then some by the losses from all the others. I've sold off everything except ARKK by now because I figured in the time it will take those stocks to break even I can get my money back and then some in VTI and VIOV. So far this has been the case. I was hoping ARKK was different but now I'm wondering if I should just cut bait like the others. Any solid DD suggesting otherwise? Update: Thanks for the suggestions. After thinking things over and reflecting on the points you've made, I've decided to sell ARKK and reinvest into my index portfolio. In the short term, it's not likely I will recoup any loses from the fund. In the long term, it may end up being a great fund but I think I prefer my slow and steady index method. I'm pretty sure I can tax loss harvest to offset some of the loss and hopefully we will see great returns for VTI and VIOV for the rest of the year. [link] [comments]  |
| Want to know what's happening with APHA & TLRY today? Read this! Posted: 03 May 2021 05:40 AM PDT Today APHA & TLRY announced that the merger is officially closed. Yay! Ok, but what does this mean for my stock?? If you were a holder of APHA shares as of 4/30/21 (Friday), each of your APHA shares will turn into 0.8381 shares of TLRY. This means that if you had 100 APHA shares, you will now have 83.81 shares of TLRY. Keep in mind there are NO fractional shares. This means that if your shares come out to 83.81, you will only receive 83 shares of TLRY. That number is always rounded DOWN, not up and there will be NO CASH to compensate you for your fractional share (so you can lose at most 0.99 shares of TLRY depending on how much APHA you have - which is like ~$18.56 (if TLRY is at $18.75)) If you were a holder of TLRY shares you are STILL a holder of TLRY shares. Nothing changes for you. In the announcement, the company mentions the TSX listing, but this is a DUAL LISTING. TLRY will continue to trade on NASDAQ. TLRY will ALSO trade under the symbol "TLRY" on the Toronto Stock Exchange (TSX) starting May 5th. Really nothing for you to do here, just gives you the ability to trade them on either exchange - it provides extra liquidity. Another thing to keep in mind is the "back office" - this happens at big banks and at big hedge funds too. APHA has HALTED today and will no longer trade. TECHNICALLY you now own TLRY shares that were given to you in the merger. When those show up in your account and you have the ability to freely trade those depends on what broker you use. If you're worried about it - call them. If you want to buy TLRY today, you can. Just go buy more and then the APHA shares that converted to TLRY will be added to your position when everything settles with your broker. [link] [comments]  |
| TSMC just announced they expect to catch up with auto chip demand by late June (FORD, etc) Posted: 02 May 2021 11:39 PM PDT I currently hold Ford (and a couple other pure EVs) as longer-term auto/EV plays. FORD gave up most of its 2021 gains after lowered guidance for the rest of 2021 at earnings on 4/28 (due partly to chip contstraints). Hopefully this news from TSMC today that they may start catching up with minimum orders from automakers within the next two months, has a positive impact on automakers over the next few months. Note, the TSMC CEO says it's obviously not the end of supply constraints, but at least an easing and being able to catch up with current orders. [link] [comments]  |
| Iron ore hitting all time highs and continuing this commodity supercycle. Posted: 03 May 2021 05:06 AM PDT Thats right, iron ore is at all time highs and theres no signe of it stopping. Short term play on this is Lif Labrador iron ore royalties. They have s 15.1% stake in Iron Ore Canada. And have a 7% off the top royalty. Mine life is 24 years long, so you can hold this for a couple years and once iron settles at its new price you can sell. The dividends with the current price of ore are insane though, and people are looking for safe dividend stocks now. I guess the price wont stay 42 forever. [link] [comments]  |
| Posted: 03 May 2021 11:51 AM PDT Historical Post Earnings Moves MEGA Compilation (Week 3) - $AMC, $ROKU, $SQ, $ETSY, $Z, $PTON, $RKT, $CRSR, $MT, and More
What's poppin' bull gang, Flux here with Week 3 of the Historical Post Earnings Moves MEGA Compilation. I hope you all made some good money following the spreadsheet last week, cause it's time to do it all again! This week isn't as spicy as the last, but there's still buckets of money to be made regardless.
I fucking love earnings season. It's an absolute battleground out there. Insane volatility, breaking announcements, and huge moves being made every single day for weeks at a time. What's not to love? Anyone has a chance to pick the correct tickers, roll the dice, and amass a small fortune. That being said, the unpredictable nature of earnings season often makes or breaks traders - many find that they're one bad trade away from a complete blowout, so you always need to think about each trade critically. No shame in sitting it out altogether.
The SpreadsheetTo aid us in planning our trades this week, I've compiled a spreadsheet consisting of all of the Historical Post Earnings Moves of EVERY stock reporting earnings this week. Using this spreadsheet, we can determine which options to buy or sell to minimize risk and maximize probability for ANY given ticker. Obviously, past performance isn't indicative of future success, but we can still use these numbers to gain a general idea of the expected earnings move of a given stock. Gone are the days of getting randomly blown out due to lack of information! If you're struggling to find a given stock, click on the ticker symbol on the index page, it should hyperlink you straight to the table! If the above link isn't working for you, refer to the link below!
Please note that scraping and compiling this data took hours. If the sheet has helped you out in any way, please drop an upvote or a comment and peep my socials! It would mean alot to me. Most websites also require you to pay for this data, which I think is a load of shit.
Interesting Observations and Sample PlaysBelow I've compiled some interesting observations which can further aid us in making trades this week, alongside some sample plays for those who are new to playing earnings and need some guidance. If I missed anything, feel free to bring it to my attention!
Obviously, since I gave data on over 60 fuckin' companies, theres plenty that I've missed. Dive in, have a look around, and have some fun with it! Use the spreadsheet to aid you in picking the safest strikes, and get the best risk-reward possible. Feel free to share your findings too, I'd love to see what you guys come up with.
ConclusionWe've got an insane lineup of companies reporting earnings this week, meaning there's a huge variety of plays to be made for traders of all skills and styles! Use the spreadsheet to determine which stocks offer the best risk to reward ratio, and play accordingly! If enough people found these useful, I'll continue making them throughout the earnings season! If the sheet has helped you out in any way, please consider dropping an upvote or a comment, it would mean a lot to me! Happy Trading Everybody! :) [link] [comments]  |
| APHA & TLRY Holders - Don’t panic! Here's what happens to stocks when mergers close... Posted: 03 May 2021 10:39 AM PDT Disclaimer: This is not financial advice, do you own research. TL;DR – Some brokers are taking their sweet time with these shares. MOST companies are down day after a merger and then rebound in the coming weeks. Sit tight! Ok, so we've all figured out what happens to our APHA and TLRY shares now that the merger is closed (Right? Right!). If you're still confused, check out THIS post from earlier. Feedback on my prior post is that SOME brokers have changed your position to reflect your TLRY shares (TD Ameritrade for the win) and some have not (get your shit together, RH). Either way, you will get those shares (hopefully) soon and all will be well with the world. BUT WAIT! TLRY is down $1.20 today… WTF?!? A few things to note - There are a lot of market dynamics at play here:
We can expect a decent amount of choppiness around TLRY the next few days. "But grey_patagonia_vest how do you know?!?" Well kids, I did some good old fashion data analysis. I pulled a list of all mergers with the following criteria:
I then looked at the performance of the acquirer (like TLRY in this case) – after the deal closed. I started with the stock price of the acquirer 30 trading days before the merger closed, then looked at 7 days before, one day before, one day after, one week after, one month after, three months after, six months after and finally a year after. Here is what I found…. Of the 214 deals that fit this criteria… ~56% of acquirer stocks were down the day after a merger closed (as measured from the day before), so TLRY is in good company. Of these 56%, the companies were down an AVERAGE of 3% (TLRY currently down ~6%). Then, of those companies that were down on day one, 19% of them were back up after a week, 38% after a month and 48% after 3M. Those 48% that were up after 3M were up an average of 14% from the day before the merger. If TLRY behaved that way, we'd see TLRY @ $20.90 before long. What does this mean for TLRY? It takes some time. This is no guarantee and this definitely isn't financial advice, but today's trading likely isn't an indicator of future performance. [link] [comments]  |
| Here is a Market Recap for today Monday, May 3, 2021 Posted: 03 May 2021 01:53 PM PDT PsychoMarket Recap - Monday, May 3, 2021 Stocks traded mixed, with the S&P 500 (SPY) and Dow Jones (DIA) ticking higher while the tech-Nasdaq (QQQ) declined. The SPY rose 5% in April, for the best performance since November of last year. Following a rotation into cyclical and reopening stocks at the beginning of the year, April saw the communication services and consumer discretionary sectors lead gains in the SPY, returning to the leadership position. Growth stocks continued underperforming, paring recent gains after Federal Reserve Chair Jerome Powell said some sectors of the market appeared "frothy". Looking ahead, market participants continue to monitor corporate earnings and wait for more economic data, particularly the April jobs report that will be released May 7th. A wave of stronger-than-expected earnings, especially in banks and mega-caps like Apple (AAPL), Amazon (AMZN), Alphabet (GOOG, GOOGL), and Microsoft (MSFT), have fueled the latest rally in the market. In the US, effective distribution of the vaccine and the gradual reopening of the economy have led to a surge in consumer spending, driving corporate profits way past analyst estimates. As of Friday, 86% of S&P 500 companies had beaten first-quarter earnings expectations, according to FactSet data. This would mark the highest proportion since at least 2008, if the current rate holds through the end of first-quarter earnings season. The Labor Department will release its April jobs report on Friday, which is expected to show a staggering nearly 1 million payrolls came back last month, accelerating March's gain. As a reminder, in March, the Department of Labor reported nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6% (unemployment rate was 14.6% in April 2020). Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%. Last week, President Biden addressed a joint session of Congress, during which he said "America was back on the move again" following the coronavirus pandemic.. In his address, President Biden touted his $2 trillion infrastructure plan and unveiled a new $1.8 trillion proposal aimed at supporting children, students, and families. This proposal, called the American Families Plan, would be funded in part with the newly proposed tax increases on the wealthy. Read the details of the proposal here. Highlights
"Patience is bitter, but its fruit is sweet." - Aristotle [link] [comments]  |
| Posted: 03 May 2021 01:18 PM PDT So I started investing in the stock market a few months ago, mainly in an all world ETF (VWRL on DEGIRO) to be precise. As we all know, dca is the way to go, but I'm a bit in doubt om how to go on with this as my personal situation is going to change pretty soon. To clarify, I live on my own at the moment and save quite a lot of my income (€1000 per month , about 50% of my income), which I all invest in the ETF. I am going to buy a house with my significant other which I think will lower my savings to €500 per month tops. I'm planning to move on with investing the same way as I am doing now. Should I change the way I invest now, knowing I will have less to invest in the near future? I think it would be a shame if the market corrects the same time I move in with my significant other or isn't it? I apologize if this is hard to read, english is not my native language. [link] [comments]  |
| Posted: 03 May 2021 11:33 AM PDT I am beginner, made big money last year with all the hype stocks. Now I am looking to do some proper DD to find stocks I want to hold for 1-5 years. Is there some guide you guys can recommend? What is your strategy? I would like to post the company I want to DD, but I am not sure if it qualifies as a penny stock (I think yes, share price is 0,418€ right now), if someone would like to show me an example DD I'd be gratefull for a message. [link] [comments]  |
| DD (Coupang - The Korean e-commerce Giant) Posted: 03 May 2021 10:52 AM PDT This post will be about the DD I did on Coupang at the end of March. Although the stock has dropped slightly since then and have mostly been trading sideways, I thought I would share my thoughts about this company before they report earnings on May 12. - Coupang (Korean: ì¿ íŒ¡) is a South Korean e-commerce company founded in 2010. It is incorporated in Delaware, United States.[2] - Coupang is founded by South Korean businessman Bom Kim who dropped out of Harvard Business School after 6 months. - Currently Coupang is the largest e-commerce company in South Korea Business Model - "We are building the future of commerce" -- Coupang S-1 - A key competitive advantage of Coupang is what they call their "Rocket Delivery Service" - This includes their Dawn and Same-Day Delivery. Arriving before 7am if ordered before midnight or later in the day if ordered in the morning (this makes purchasing perishable items such as produce convenient). - They promise next-day or faster delivery on nearly 100 percent of orders. - Coupang claims that 70 percent of the South Korean population lives within 7 miles of a Coupon Logistics Center Opportunity - Korean Attractive Commerce Market Korea is the fourth largest economy in Asia. In addition, South Korea has the following key traits:
- Coupang has an extremely integrated model. From the technology to the distribution Risk
Financials
- 2020 total net revenue was 12 billion, assuming growth of 100 percent, the 2021 total net revenue would be 24 billion. - Using a forward P/S ratio of 5, we get the valuation of 120 billion dollars. Divided by 1.54 billion outstanding shares I get a 12-month price target of 77.922 dollars. - This represents a 60 percent increase from the closing share price today. Why We Should Invest in Coupang
Source: Coupang S-1 (2021) [link] [comments]  |
| Portfolio Management Tool / Tracking? Posted: 03 May 2021 01:37 PM PDT Hey All! Curious what tools everyone uses to track their portfolio, compare it to benchmarks, get a breakdown of where the returns are etc. Currently on Robinhood and Ameritrade but cant seem to get much insight based on whats available. Any recommendations or tools you're using? I started building out a spreadsheet and a web-app to deal with it but figured someone must have gone through this before! (Happy to send a link over if you're facing the same issues!) [link] [comments]  |
| Posted: 03 May 2021 06:03 AM PDT Before I returned to work back in February after the lay offs I was making pretty decent gains everyday, to the point where I was legitimately making 3-4x what I would make at work per day, I started thinking about how it might be a possibility to turn this side hustle Into something full time until I really figure things out, for the people that actually do day trade as a career what is it like? [link] [comments]  |
| How does an ETF initially get priced? Posted: 03 May 2021 02:01 AM PDT Hi r/stocks, When SPY first came on the scene in 1993, it was priced around $44 (from what I've researched). My question is, how did that number come to be? I've been doing a bit of research into ETF pricing. I understand that ETF prices are determined by their daily NAV (unless I'm mistaken here), but how does the initial figure get decided on? Because an ETF float isn't capped per se, I'm finding it hard to understand versus a regular stock. As a sidebar, I'd also love to know how/if this is different to actively managed ETFs like ARKK, for example. How did they set their initial price of around $20 and how does the price get influenced day to day? Thanks in advance! [link] [comments]  |
| First DD TSX:PHO not the Vietnamese noodle, but a semiconductor industry company from Canada Posted: 03 May 2021 01:57 PM PDT Hello, this is my first dd. Disclosure, 300 shares at 3 CAD. Looking for constructive feed back, specifically, other tech or semiconductor company of similar market capital, from the US? So this would help me price PHO appropriatly. Photon Control ticker symbols TSE:PHO or on the OTC:POCEF Market Cap: 314 million CAD Share Float: 104 million PE: 23, EPS: 0.13 Current traded 3CAD Current total asset: 65 million CAD Total liability: 15 million CAD Revenue: 65 million CAD Net income: 14 Million CAD Net CFO: 19.8 Million CAD Net CFF: -2.1 Million CAD Net CFI: -2.7 Million CAD Net Cash: 48 Million CAD Sector: Tech, semiconductor Business: manufacturing of fibre optic sensor for extreme temperatures and position, application in semiconductor manufacturing, and healthcare cancer treatment. [link] [comments]  |
| What's Happening in the Markets: Week of 5/3/2021 Posted: 03 May 2021 08:35 AM PDT Hi Everyone! Here is my Monday Newsletter :) Happy trades and please DM me with any questions you may have :) Week of 5/3/21 The S&P500 opened Monday 5/3/21 at 4205.86, above the previous close of 4181.61 on Friday 4/30/21. Manufacturing numbers release early in the week, with the April Markit Manufacturing PMI released Monday, and trade deficit & factory orders numbers for March releasing Tuesday, May 4th. Markit services PMI and ISM services index numbers for April release Wednesday, and productivity & labor costs for Q1 release Thursday. The ADP Employment report for April releases Wednesday, and weekly jobless claims numbers release Thursday, May 6th. April unemployment rates release Friday, as well as nonfarm payrolls, and average hourly earnings. The average cost to build a home skyrocketed by $36,000 according to the National Association of Homebuilders. The rising prices are likely associated with soaring lumber costs. Lumber futures are up 125% on a 6-month basis. REITs reflected the change, rising throughout April. March construction numbers release Monday at 10AM. Verizon has reached an agreement with Apollo Global Management to sell its Verizon Media platform, which consists of internet pioneers Yahoo and AOL. The agreement to sell the tech platforms to the private equity firm will be worth $5 Billion. As a stipulation of the agreement Verizon will maintain a 10% stake in the new company, which Apollo plans to call "Yahoo." Apollo releases earnings on Monday, May 3rd. Chip manufacturers have been inundated with demand following 2020's COVID shutdowns and the, undoubtedly correlated, increase in demand for consumer electronics. Cisco, one of the world's largest chip manufacturers, is struggling to keep up with demand. Cisco revealed several steps it is taking to alleviate the imbalance in supply and demand including a $4.5 billion acquisition of Acacia Communications and a $20 billion plan to build two new manufacturing plants in Arizona. Cisco CEO Chuck Robbins commented extensively on the situation, and estimates it could "...[take] another six months…" for the company to resume normal operation. Around 85% of all internet traffic passes through Cisco hardware. The effects of the shortage can be seen across industries. Among companies affected by the shortage are car manufacturers. Wayne Griffiths, head of VW's Spanish brand, spoke on the issue, stating that the company will, "...need to face considerable challenges in the second quarter…" So far the shortage has prevented the company from building over 100,000 vehicles.GM reports earnings on Wednesday and markets will be curious to see if the chip shortage has affected them. Despite supply chain concerns CNBC's Jim Cramer was optimistic in his recent review of the company, saying "If you want to bet on electric vehicles with much less risk, I say buy some Ford or General Motors… these are huge, established companies with improving balance sheets and real earnings, earnings that happen to be skyrocketing right now..." The United States Government has also expressed concern regarding the chip shortage. United States President Joe Biden held a conference with business leaders in April to address the issue. During the conference the President expressed a desire to move more chip manufacturing into American plants, citing 75% of global manufacturing as being based in East Asia.Meanwhile Taiwan-based chip manufacturing giant TSMC announced a plan worth $100 billion USD to expand their companies manufacturing capacity. The announcement comes in tandem with company founder Morris Chang's plea to the Taiwanese government for increased support, citing a fear that if the Taiwan-based manufacturer fails to meet demand US or Chinese manufacturers will fill the gap. The increase in demand for electronics caused by the pandemic has boded well for Apple, who reported earnings of $1.40 per share on Wednesday, April 28th, exceeding analyst estimates of $0.98 after a strong Q2 for sales. The earnings call comes on the heels of Apple's first product showcase of the year Wednesday April 21st, and the company's announcement that it will be taking steps to increase its footing in the instant messaging market. Apple stated it plans to increase the amount of features provided by it's iMessage app, with the objective being to bring it more in line with popular messengers offered by Facebook, WhatsApp, and Snapchat. Microsoft reported earnings of $1.95 per share Tuesday, April 27th, beating analyst estimates of $1.78 by a small margin. Microsoft, who also saw an increase in demand for its technology as a result of the pandemic, has greatly benefitted from an increased demand for cloud-services. Microsoft's cloud-based service hub, Azure, posted 2020 growth of 43%. The company expects to post great earnings despite the current chip-shortage, having generated much of its growth from the pandemic in the software-as-a-service sector. Some of the Companies with Earnings this Week Monday, May 3rd: Tuesday, May 4th: Friday, May 7th: [link] [comments]  |
| Why is everyone saying there’s going to be hyperinflation? Posted: 02 May 2021 11:05 PM PDT Why is everyone saying there's going to be hyperinflation? Most of the printed money is just going into assets and not consumer goods. Everyone said there would be hyperinflation after 2008 and 3 rounds of QE, but it never materialized and we just had a stock market and housing rally. Why is this time different? [link] [comments]  |
| Posted: 03 May 2021 09:36 AM PDT When does "buy the dip" stop making sense? Is it still just a dip if it has been steadily trending down for months or years? When do you decide that you fucked up and just made a shitty investment in a sinking ship? How do you choose whether to cut your losses and chalk it up and eat the loss? [link] [comments]  |
| Posted: 03 May 2021 01:14 PM PDT Now that you can buy percentages of stocks, why would you buy Berkshire B? Or is there not really any difference anyway? For example if I purchased 400k worth of Berkshire B would it preform the same as owning a single share of Berkshire Hathaway-A? [link] [comments]  |
| $POWW AMMO Inc. Announces Closing of Acquisition of GunBroker.com Posted: 03 May 2021 05:33 AM PDT "AMMO, Inc. (Nasdaq: POWW ) ("AMMO" or the "Company"), a premier American ammunition and munition components manufacturer and technology leader, is pleased to announce today the successful closing of the previously announced acquisition of the GunBroker.com business (GunBroker.com), the world's largest on-line auction marketplace dedicated to firearms, hunting, shooting and related products. The Transaction involved an approximate $240 million merger of reorganized entities resulting in GunBroker.com and certain affiliates becoming a wholly owned subsidiary of AMMO (the "Transaction"). "We couldn't be more excited about bringing the GunBroker.com team into the AMMO family. Everyone worked hard to make this happen - and we will now set about to further expand the GunBroker.com brand as we leverage the amazing IT platform Steve Urvan and his team developed to bring AMMO products and a host of other products and merchandise to the vibrant GunBroker.com marketplace," said Fred Wagenhals, AMMO's Chairman and CEO. Fred further noted that "the AMMO management team viewed the Transaction as accretive to our shareholders when we announced the letter of intent. With the Transaction successfully closed, our team has reached another vertical integration milestone for the Company, representing an opportunity to diversify our revenue base with high profit-margin business offered through a premier brand deploying best-in-class secure transactional technology." Steve Urvan commented: "I am excited we have closed the Transaction so I can take my seat on the Board of this dynamic and growing company. I am confident our newly expanded AMMO team will bring innovative products and solutions for our expanding and loyal customer base. The GunBroker.com marketplace is going to enjoy the new shopping opportunities that serve the firearms, ammunition and accessory outdoor and shooting sports markets as we roll them onto the platform." The Company anticipates issuing post-Transaction updated guidance on Tuesday, May 11, 2021." [link] [comments]  |
| Best alternative to S&P 500 for long term growth. Posted: 03 May 2021 02:20 PM PDT So I have been invested in two schwab mutual funds that mostly track the S/P or top 1000 companies, and theyve done great over a period of 10 years. I dabbled a little bit into QQQ about 9 months ago and its gone up 9%. My goal is long term growth, not fast gains. The mutual funds are historically giving between 9-10% per year. For a little more risk, without touching those, where would you put new deposits for somewhat higher gains? [link] [comments]  |
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