• Breaking News

    Tuesday, July 27, 2021

    Stock Market - We are looking for new mods!

    Stock Market - We are looking for new mods!


    We are looking for new mods!

    Posted: 27 Jul 2021 11:18 AM PDT

    Its that time again!

    The sub is growing steadily and with that growth comes a lot of increased activity.

    We are looking to add a few mods to help guide and moderate this sub.

    If you have a good karma, aged account and history of posts on this and other financial subs, please indicate your interest in the comments below and we will contact you!

    You do not need to have a CFA, MBA or years of trading experience, a lot of what we need is simply house keeping and cleaning up spam, but financial knowledge and trading experience is a big bonus.

    Thank you for interest!

    submitted by /u/StockJock-e
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    Apple announces blowout Q3 results; Revenue up 36%

    Posted: 27 Jul 2021 01:43 PM PDT

    When you make $10,000/mo trading in the international forex markets

    Posted: 27 Jul 2021 06:00 PM PDT

    Microsoft announces 4Q results; revenue tops $60 billion

    Posted: 27 Jul 2021 01:57 PM PDT

    Sen. Tommy Tuberville Violated Federal Law With Late Stock Disclosures

    Posted: 27 Jul 2021 08:59 AM PDT

    Some perspective on the Chinese stock market collapse. It looks like a perfect bubble, but companies like Alibaba are attractively priced (if you ignore political risk, which you shouldn't)

    Posted: 27 Jul 2021 06:25 PM PDT

    Being a 2 Standard Deviation guy is challenging!

    Posted: 27 Jul 2021 11:12 AM PDT

    Apple has created History this quarter!

    Posted: 27 Jul 2021 01:54 PM PDT

    Will the unpausing of federal student loan bills and interest in September negatively affect the stock market?

    Posted: 27 Jul 2021 01:51 PM PDT

    This is something that's been on my mind for a bit. I'm not suggesting that borrowers will be less able to pay back student loans than before the pandemic. The real question is 'will money currently invested in equities (and crypto) be redirected by a large portion of retail investors toward student loan payments?' Here are my assumptions, which are unsupported:

    1. Retail investor money makes up a significant percentage of the stock market.

    2. Some retail investors have student debt.

    3. Some retail investors who have student debt do not have the means to be invested in the stock market at their current level AND meet unpaused student loan payments.

    4. The portion of money in the former assumptions is large enough to negatively affect the stock market.

    *I don't know or claim this will happen, but would like to hear other thoughts. Personally, I am holding mostly cash, which I'm dollar cost averaging into the entire market as to not totally miss out on great market opportunity while still allowing for cash if a correction/crash occurs. Thanks for reading!

    submitted by /u/Greedy_Leg_4812
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    Market Map 7/27

    Posted: 27 Jul 2021 08:45 AM PDT

    Here is a Market Recap for today Tuesday, July 27, 2021

    Posted: 27 Jul 2021 02:11 PM PDT

    PsychoMarket Recap - Tuesday, July 27, 2021

    Stocks declined following a record-setting session yesterday as concerns over the coronavirus delta came to a head, with the Center for Disease Control and Prevention (CDC) reversing their indoor mask policy, recommending that fully vaccinated people begin wearing masks indoors again in areas with high coronavirus transmission and in K-12 schools. Dr. Rochelle Walensky, Director of the CDC said, "In areas with substantial and high transmission, CDC recommends fully vaccinated people wear masks in public, indoor settings to help prevent the spread of the delta variant, and protect others. This includes schools". As I have said before and will explain further below, while the surge in cases is unfortunate, it is important to note that the surge is largely concentrated in areas with high vaccine hesitancy. In my humble opinion, as it usually does, the market is overreacting to the news, personally I remain bullish moving forward, though one always has to acknowledge the risks present in the market.

    In other news, Chinese stocks kept plummeting as the regulatory crackdown by the Chinese Communist Party (CCP) intensified. For context, Alibaba (BABA) is down 10% this week, roughly 50% from its previous all-time high and is trading at roughly the same price as in March 2020. In the US, eyes are on earnings, with mega-caps Microsoft (MSFT), Alphabet (GOOGL, GOOG), and Apple (AAPL) all reporting. Chip-maker AMD is also reporting. Combined, these companies have a market cap greater than $6.5 trillion.

    In the US, despite roughly 50% of the population being vaccinated, in the past two weeks, infections across the country have roughly doubled, with new cases jumping from 13,200 on July 4 to 51,939 on July 25, according to data compiled by John Hopkins University.

    However, it is important to understand that the rising infections are broadly concentrated in areas with higher vaccine hesitancy. According to data from the CDC, 97% of people who have died or been hospitalized with COVID-19 since the vaccine became widely available are unvaccinated. Dr Rochelle Walensky, Director of CDC said of the rising cases, "There is a clear message that is coming through. This is becoming a pandemic of the unvaccinated. Our biggest concern is we are going to continue to see preventable cases, hospitalizations, and sadly deaths among the unvaccinated." Sadly, despite the widespread availability of the vaccine in the US, hesitancy in certain places remains very high.

    David Kostin, US Equity Strategist at Goldman Sachs said, "We [Goldman Sachs] think the Delta variant should pose a minimal risk to the US equity market. From an economic perspective, widespread vaccinations and strategies focused on containment suggest limited medical and economic downside even if infections continue to rise. From a flows perspective, robust household cash balances and corporate buyback authorizations should continue to support inflows for equities, increasing the likelihood that market participants perceive a pullback as a buying opportunity". I agree, given the transmission is largely concentrated in certain areas, I do not expect the re-introduction of lockdown measures that could hamper the current pace of recovery. Of course, that's just my opinion.

    Now onto earnings, Microsoft beat earnings estimates but it seems market participants were hoping for a larger beat of the estimates, with the stock falling 3% after-hours. Here are the numbers.

    • Revenue: $46.15 billion versus $44.25 billion expected
    • Earnings per share: $2.17 versus $1.92 expected
    • Productivity and Business Processes: $14.69 billion versus $13.9 billion expected
    • Intelligent Cloud: $17.38 billion versus $16.4 billion expected
    • More Personal Computing: $14.09 billion versus $13.8 billion expected

    Importantly, Microsoft saw revenues from Azure, its cloud computing platform, rise 51% year-on-year. In total, revenues were up 21% compared to the same quarter last year, great growth for the second largest publicly traded company.

    Alphabet (GOOG, GOOGL) smashed earnings estimates and the stock jumped roughly 2.5% before cooling down somewhat. Here are the numbers

    • Earnings per share (EPS): $27.26 vs $19.34 per share
    • Revenue: $61.88 billion vs $56.16 billion
    • YouTube advertising revenue: $7.00 billion vs $6.37 billion expected
    • Google Cloud revenue: $4.63 billion vs $4.40 billion expected,
    • Traffic acquisition costs (TAC): $10.93 billion vs $9.74 billion expected

    Importantly, Alphabet saw Google ad revenue ballooned to $50.44 billion, a roughly 69% increase year-on-year. Just to put into context how massive Alphabet is, revenue from Youtube was $7 billion, an 83% increase year-on-year and roughly the entire revenue of Netflix ($7.34 billion).

    Apple (AAPL), the largest company in the world, absolutely demolished earnings with some of the most impressive earnings beats I've seen. The stock reaction is largely muted. Here are the numbers

    • EPS: $1.30 vs. $1.01 estimated
    • Revenue: $81.41 billion vs. $73.30 billion estimated, up 36% year-over-year
    • iPhone revenue: $39.57 billion vs. $34.01 billion estimated, up 49.78% year-over-year
    • Services revenue: $17.48 billion vs. $16.33 billion estimated, up 33% year-over-year
    • Other Products revenue: $8.76 billion vs. $7.80 billion estimated, up 40% year-over-year
    • Mac revenue:$8.24 billion vs. $8.07 billion estimated, up 16% year-over-year
    • iPad revenue: $7.37 billion vs. $7.15 billion estimated, up 12% year-over-year
    • Gross margin: 43.3% vs. 41.9% estimated

    Apple also had a strong quarter in its Greater China region, which includes Taiwan and Hong Kong in addition to the mainland. Apple reported $14.76 billion in sales in the region, up 58% year-on-year/. Sales in America were up nearly 33% year-over-year to $39.57 billion.

    In other news, later this week, investors will hear from Federal Reserve officials over the path forward for monetary policy, which will likely be informed by the increased concerns over the Delta variant and peaking economic growth rates. Analysts are predicting that the downside risks still present in the economy will continue to overshadow potential worries over inflation, which means members of the Fed are very unlikely to make any changes in the upcoming meeting. What I am most interested in from these meetings is hearing about a potential timeline to begin tapering quantitative easing (QE). I expect the Fed will make some kind of announcement regarding this before the year ends. The real test for equities is coming in 2023, when the interest rate is expected to begin rising.

    "Success is not final; failure is not fatal: It is the courage to continue that counts." - Winston Churchill

    submitted by /u/psychotrader00
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    Goldman Sachs Files An 'Innovate DeFi And Blockchain' ETF

    Posted: 27 Jul 2021 07:29 PM PDT

    Wall Street giant Goldman Sachs Group Inc (NYSE: GS) plans to launch a new investment product that will give investors exposure to the DeFi and blockchain industry.

    What Happened: According to a recent filing with the U.S. Securities and Exchange Commission, the Goldman Sachs Innovate DeFi and Blockchain Equity ETF will track the performance of the Solactive Decentralized Finance and Blockchain Index.

    "The Index is designed to deliver exposure to companies that are aligned with two key themes, the implementation of Blockchain Technology and the Digitalization of Finance," reads the filing.

    However, based on the composition of Solactive's existing blockchain indices, it is unclear exactly how much actual exposure to the DeFi industry Goldman's proposed ETF will deliver.

    Solative's index methodology requires a publicly-traded company with a market cap of at least $500 million to be listed on a regulated stock exchange and have an average trading volume exceeded $500 million over the past six months.

    Read also: Fireblocks Becomes The Latest Crypto Unicorn Valued At $2B After $300M Funding Round

    As a result, its existing blockchain indices consist of companies with known exposure to cryptocurrency like Coinbase Global Inc (NASDAQ: COIN), MicroStrategy Inc (NASDAQ: MSTR), PayPal Holdings Inc (NASDAQ: PYPL), and a number of publicly-traded Bitcoin (CRYPTO: BTC) mining companies.

    Price Action: Goldman Sachs shares closed 0.23% lower on Tuesday, closing at a price of $374.

    At the time of writing, Bitcoin was trading at $38,235, up by 3.32% over the past 24-hours.

    submitted by /u/__MikeOxmaul__
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    Watchlist For 7/28/2021

    Posted: 27 Jul 2021 05:54 PM PDT

    Google Q2 earnings: Ad revenues, cloud computing drive big Alphabet beat

    Posted: 27 Jul 2021 02:31 PM PDT

    Google Q2 earnings: Ad revenues, cloud computing drive big Alphabet beat

    https://finance.yahoo.com/news/alphabet-google-q-2-2021-earnings-201747036.html

    Javier E. David·Editor focused on markets and the economy
    Tue, July 27, 2021, 3:49 PM

    In this article:

    Alphabet, the parent company of search giant Google (GOOG, GOOGL) blew away Wall Street's second quarter estimates on Tuesday, bolstered by strength in advertising and cloud computing.

    Here were the main results from Alphabet's report, compared to consensus estimates compiled by Bloomberg:

    • Q2 Revenue: $61.88 billion vs. $56.23 billion expected
    • GAAP earnings per share: $27.26 vs. $19.325 expected

    Thanks to the tech giant's linchpin, Google Search, ad revenues skyrocketed by 69% from the comparable year ago quarter. Overall total revenue soared by 62% from Q2 of 2020.

    During the quarter, "there was a rising tide of online activity in many parts of the world, and we're proud that our services helped so many consumers and businesses," said Sundar Pichai, CEO of Google and Alphabet.

    "Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone's digital experience," he added.

    The stock jumped by over 2% after hours, which if those gains hold will propel its market cap closer to 2 trillion in Wednesday's session.

    Source: Yahoo Financ

    In an exclusive sit-down with Yahoo Finance in May, CEO Sundar Pichai called Search his "ultimate moonshot," even in light of the other projects the company is involved with.

    "I see all the limitations. Even today, when people type in a complex query, we're looking at keywords trying to match it," he said.

    "We still have a long way to go to actually understand what the user's intent is, the context, where they are coming from, and giving the best answer. So that is still the moonshot," Pichai added.

    Google, along with other big technology like Facebook (FB), Amazon (AMZN) and Apple (AAPL), have found themselves in the eye of a political storm, as lawmakers in Washington debate whether to tighten regulation on large technology behemoths. Pichai has warned that internet freedom is under threat as governments move to safeguard user privacy and data, and block the dissemination of misinformation.

    submitted by /u/SavannahSmiles_
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    2/7 $GEO… It’s one of the most undervalued stocks on the NYSE. Geo trades at $6.70. But it’s worth $23 based on earnings, $34 on cash flow & $50 based on replacement cost (less liabilities).

    Posted: 27 Jul 2021 06:50 AM PDT

    $SPY $QQQ $IWM $VIX $VXX $UVXY End of Day Flow... GEX charts, risk ranges triggered today! All the flow is sorted by premium. Positioning seems to be all over the place, like players at the roulette wheel in Vegas. Lots to dig into here...

    Posted: 27 Jul 2021 06:41 PM PDT

    Jack Bogle: What Can Happen in An Overvalued Market?

    Posted: 27 Jul 2021 12:06 PM PDT

    ETFs with Investments in SP500 Winners of 7/27/2021

    Posted: 27 Jul 2021 05:38 PM PDT

    Three ETF's per winner (when available)

    ETF Ticker | % invested in Winner | ETF Full Name

    Industrials: ETFs investing in Pentair PLC
    PIO-- 5.84% Invesco Global Water ETF
    CGW-- 4.72% Invesco S&P Global Water Index ETF
    FIW-- 4.30% First Trust Water ETF

    Health Care: ETFs investing in Boston Scientific Corporation
    IHI-- 4.09% iShares U.S. Medical Devices ETF
    AGNG-- 3.18% Global X Aging Population ETF
    IEHS-- 2.18% iShares Evolved U.S. Healthcare Staples ETF

    Information Technology: ETFs investing in F5 Networks, Inc.
    IGN-- 8.65% iShares North American Tech-Multimedia Networking ETF
    IYZ-- 3.41% iShares U.S. Telecommunications ETF
    XTL-- 2.99% SPDR S&P Telecom ETF

    Communication Services: ETFs investing in Verizon Communications Inc.
    IYZ-- 22.17% iShares U.S. Telecommunications ETF
    FDL-- 7.03% First Trust Morningstar Dividend Leaders Index Fund
    HDV-- 6.41% iShares Core High Dividend ETF

    Consumer Discretionary: ETFs investing in Yum! Brands, Inc.
    PEJ-- 5.24% Invesco Dynamic Leisure & Entertainment ETF
    DVOL-- 3.08% First Trust Dorsey Wright Momentum & Low Volatility ETF
    XRLV-- 1.15% Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF

    Utilities: ETFs investing in Edison International
    UTES-- 4.03% Virtus Reaves Utilities ETF
    CFCV-- 3.07% ClearBridge Focus Value ESG ETF
    RDIV-- 2.81% Invesco S&P Ultra Dividend Revenue ETF

    Financials: ETFs investing in Aon PLC
    VSDA-- 2.49% VictoryShares Dividend Accelerator ETF

    Materials: ETFs investing in Packaging Corp Of America
    CUT-- 4.56% Invesco MSCI Global Timber ETF
    RTM-- 3.53% Invesco S&P 500® Equal Weight Materials ETF
    PRN-- 2.60% Invesco DWA Industrials Momentum ETF

    Real Estate: ETFs investing in CBRE Group Inc
    XLRE-- 3.01% Real Estate Select Sector SPDR Fund
    FBCV-- 2.38% Fidelity Blue Chip Value ETF
    FPRO-- 2.30% Fidelity Real Estate Investment ETF

    Consumer Staples: ETFs investing in J M Smucker Co
    FTXG-- 8.37% First Trust Nasdaq Food & Beverage ETF
    FXG-- 4.26% First Trust Consumer Staples AlphaDEX Fund
    AMER-- 3.17% Emles Made in America ETF

    Energy: ETFs investing in Phillips 66
    IEO-- 7.31% iShares U.S. Oil & Gas Exploration & Production ETF
    CRAK-- 7.13% VanEck Vectors Oil Refiners ETF
    RDIV-- 5.04% Invesco S&P Ultra Dividend Revenue ETF

    Happy investing!

    submitted by /u/Engineer_Economist
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    SP500 Winners and Losers | 7/27/2021

    Posted: 27 Jul 2021 05:36 PM PDT

    Winners

    Winner of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | Pentair PLC | PNR | 4.64%
    2. Health Care | Boston Scientific Corporation | BSX | 3.48%
    3. Information Technology | F5 Networks, Inc. | FFIV | 6.20%
    4. Communication Services | Verizon Communications Inc. | VZ | 0.75%
    5. Consumer Discretionary | Yum! Brands, Inc. | YUM | 1.64%
    6. Utilities | Edison International | EIX | 2.99%
    7. Financials | Aon PLC | AON | 3.19%
    8. Materials | Packaging Corp Of America | PKG | 2.62%
    9. Real Estate | CBRE Group Inc | CBRE | 2.41%
    10. Consumer Staples | J M Smucker Co | SJM | 1.00%
    11. Energy | Phillips 66 | PSX | 0.30%

    Losers

    Loser of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | United Parcel Service, Inc. | UPS | -6.99%
    2. Health Care | Centene Corp | CNC | -3.03%
    3. Information Technology | IPG Photonics Corporation | IPGP | -5.41%
    4. Communication Services | Activision Blizzard, Inc. | ATVI | -6.76%
    5. Consumer Discretionary | Wynn Resorts, Limited | WYNN | -3.82%
    6. Utilities | No losers | |
    7. Financials | Invesco Ltd. | IVZ | -3.23%
    8. Materials | Albemarle Corporation | ALB | -3.00%
    9. Real Estate | Simon Property Group Inc | SPG | -0.91%
    10. Consumer Staples | Lamb Weston Holdings Inc | LW | -13.53%
    11. Energy | Marathon Oil Corporation | MRO | -3.89%
    submitted by /u/Engineer_Economist
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    There are over 400 SPACs funded with $133 billion still searching for target companies to merge with.

    Posted: 27 Jul 2021 03:53 PM PDT

    Hedge Funds Click Here

    Posted: 27 Jul 2021 03:53 PM PDT

    IPO Edge Editor Jannarone: Robinhood is More of a Casino Than a Brokerage

    Posted: 27 Jul 2021 06:07 AM PDT

    IPO Edge Editor Jannarone: Robinhood is More of a Casino Than a Brokerage

    https://finance.yahoo.com/news/ipo-edge-editor-jannarone-robinhood-120040743.html

    IPO Edge Tue, July 27, 2021, 8:00 AM

    Robinhood IPO Roadshow

    Robinhood Markets, Inc. may have more in common with a casino than a traditional brokerage and investors should view the disruptor with caution ahead of this weeks' planned IPO. That's according to IPO Edge Editor-in-Chief John Jannarone, who spoke to Cheddar's Ken Buffa Monday morning, when he highlighted some of Robinhood's unusual attributes.

    Jannarone pointed out that Robinhood, which is expected to be valued around $35 billion, makes a disproportionate amount of money from "whales" who trade large quantities of options. Such clients, while lucrative, may not be as valuable in the long term as "buy and hold" investors who are typical clients at traditional brokerages. He also pointed out that Robinhood has faced issues with capital adequacy – evidenced by its need to seek a bailout earlier this year during the meme stock craze involving stocks such as AMC Entertainment Holdings, Inc and GameStop Corporation.

    submitted by /u/SavannahSmiles_
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    Averaging down and selling

    Posted: 27 Jul 2021 01:09 AM PDT

    Correct me if I'm wrong but say I wanna get out of a certain stock but don't want to lose money or sell at a loss. Can't I just put a lot of money in to bring my average down really low, and then sell it once the stock hits that average or goes past it?

    For example,

    Say I buy 10 Shares at 4$. So I just put in 40 dollars. My AVG is 4$.

    Then the price goes down to 2$.

    I buy 10 shares at 2$ now. So I just put in 20 dollars. Now my AVG is 3$.

    I got half my shares at 4$ and the other half at 2$. So my average is 3$ a share.

    The stock then goes from 2$ a share to 3$ a share.

    I sell then sell all 20 shares at 3$. Thats 60 dollars. So I made my money back. Is that how it works?

    submitted by /u/TB12GOAT007
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    Apple has created History this quarter!

    Posted: 27 Jul 2021 01:54 PM PDT

    Discerning useful indicator information from Barnum effect

    Posted: 27 Jul 2021 08:40 AM PDT

    What exactly happens on a fundamental level when say the price of asset ABC crosses below a bottom channel line? I don't care if it 'looks' bearish or w.e, but rather if there's actually anything significant and real happening when this event occurs. Same with breakouts, triangles, candlestick patterns, etc.

    From what I understand, a stock with large amount of public interest (and therefore retail trading interest) is a whole lot easier to explain than a stock that's heavily occupied by algorithmic trading and big/smart money. It makes sense to me that if a candlestick shows very high volume, very large highs/lows, but with little total movement, this would theoretically mean that there's a lot of indecisiveness on where the sentiment for the asset lies in the short term. This seems concrete to me. Is there, for example, anything concrete happening when a resistance line is crossed? Is there enough bearish volume putting stops at that resistance line that, when crossed, all the coverage pushes the price further? Or is the whole resistance/support thing totally made up because of our inherent bias towards patterns?

    I hope my question makes sense, my ability to use language isn't the best. Relative volume seems very relevant to me, but stuff like candlestick patterns appear to be a classic example of the barnum effect in action— I'm trying to discern what can be logically explained vs what's just confirmation bias.

    submitted by /u/glow_burn
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