• Breaking News

    Monday, August 30, 2021

    Stocks - r/Stocks Daily Discussion Monday - Aug 30, 2021

    Stocks - r/Stocks Daily Discussion Monday - Aug 30, 2021


    r/Stocks Daily Discussion Monday - Aug 30, 2021

    Posted: 30 Aug 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.

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

    More crackdown by the CCP on video games, minors can only play 1 hr on Fridays, weekends and holidays. SOL for Tencent and NetEase holders.

    Posted: 30 Aug 2021 06:13 AM PDT

    https://www.theguardian.com/world/2021/aug/30/china-cuts-amount-of-time-minors-can-spend-playing-video-games

    Chinese regulators on Monday slashed the amount of time players under the age of 18 can spend on online games to an hour of gameplay on Fridays, weekends and holidays, in response to growing concern over gaming addiction, state media reported.

    The rules, published by the National Press and Publication Administration, said users under the age of 18 would be able to play games only from 8pm to 9pm local time on those days, according to the Xinhua news agency.

    Online gaming companies would be barred from providing gaming services to minors in any form outside those hours and would need to ensure they had put real name verification systems in place, said the regulator, which oversees the country's video games market.

    Previously, China limited the total length of time minors could access online games to three hours on holiday or 1.5 hours on other days.

    The new rules come amid a broad crackdown by Beijing on China's tech giants, such as Alibaba Group and Tencent Holdings, which has unnerved investors, hammering Chinese shares traded at home and abroad.

    The National Press and Publication Administration also told Xinhua it would increase the frequency and intensity of inspections for online gaming companies to ensure they were putting in place time limits and anti-addiction systems.

    submitted by /u/Options-n-Hookers
    [link] [comments]

    HOOD drops after SEC's Gensler says "Banning Payment for order flow is on the table"

    Posted: 30 Aug 2021 12:44 PM PDT

    Just reported by CNBC: Robinhood, Charles Schwab, Virtu Financial shares hit session lows after Securities and Exchange Commission chairman Gary Gensler tells Barron's that banning payment for order flow is 'on the table'

    HOOD is trading down, -$4.15 (8.8%) at 42.745

    SCHW is trading down, -$1.93 (-2.54%) at 73.91

    https://twitter.com/CNBCnow/status/1432428167227129857

    submitted by /u/aurora4000
    [link] [comments]

    PayPal is exploring a stock-trading platform for its U.S. customers

    Posted: 30 Aug 2021 09:33 AM PDT

    https://www.cnbc.com/2021/08/30/paypal-is-looking-to-launch-a-stock-trading-platform-for-its-customers.html

    PayPal is exploring ways to let users trade individual stocks, according to two sources familiar with the plan, and public details around a new executive hire.

    As part of that expansion, the payment giant hired a brokerage industry veteran to lead "Invest at PayPal" -- a previously unreported division of the payments giant.

    The move comes amid a retail trading boom that brought millions of new investors into the stock market, and more regulatory scrutiny for some brokerage firms.

    This is a definitely good news for paypal. It is the best fintech play and the customer bases are growing very healthy. By adding the stock trading platform, it can attract more customers assets and able to generate more revenue.

    submitted by /u/coolcomfort123
    [link] [comments]

    Investment firm threatens with legal procedures when my dad refuses to sell his stocks of ICT Group

    Posted: 30 Aug 2021 08:19 AM PDT

    My dad had stock of "ICT Group" (noted on Euronext Amsterdam) for years.

    3 months ago he received a letter from the bank with which he is holding these stocks that an investment firm, NPM Capital, offered him €14.10 each for his stock. At that moment we decided to not take the offer because of the opportunity it had to go up with the offer going on. (€14.35 now at time of writing)

    Now 3 months later he received another letter in which the bank states that if he not agrees to the sale of the stocks before the 6th of September, NPM Capital is seeking for legal procedures to get all stock in their possession. (Yes we confirmed if the letter is legit, and it is)

    Is it even possible for an investment group to disown people of their stocks through legal procedures? And what do you guys suggest to do?

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

    What type of companies/industry do you think will be one of the biggest 20 years from now but doesn’t exist at the moment.

    Posted: 29 Aug 2021 07:07 PM PDT

    I remember Bill Gates said in one of his books that years from now, the next big companies are probably the ones that don't exist at the moment.

    20 years ago, we didn't know that Social Media, Electric Cars, or Search Engines will be that big. Now, Facebook, Tesla, and Google became one of the largest market cap in the stock market in less than 2 decades. Compared to Apple, Microsoft, Amazon that existed way back before the year 2000. Although, I think we can include Amazon since they leveraged the internet at the time when people found it fad.

    What do you think are the type of companies or industries that we didn't expect that they'll be that big 20 years from now?

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

    The best PLTR bear case I found

    Posted: 30 Aug 2021 01:34 AM PDT

    Update: added paragraphs. Somehow reddit messed them up when copy pasting.

    The following is a comment in the comment section from a Seeking Alpha user "GrowthandValu" posted on an article "Palantir: Explaining The Unexplainable" on (published date Aug. 25, 2021 11:32 AM ET)

    Unfortunately reddit doesn't allow links from SA.

    I think this is the best "bear case" summary of PLTR so far. However, it would be interesting to read some input from other people who have touched Palantir - maybe they will have very different thoughts.

    I hold some PLTR myself so I am interested in both: bull and bear sides. And I am interested in what people will have to say after reading this.

    The comment:

    "This is simple. There is no mystery here. They like to create a mystique about themselves by overstating their role in projects, but there is absolutely no mystery. I will preface this by saying I have known this company for over 10 of their near 20 years. I know former salespeople and engineers, and I know current salespeople and other client facing employees. I have also been directly involved in this industry for 25 years and I sell roughly $15 mil a year on average in professional services for BI/Data/AI initiatives to about a dozen Fortune 1000 companies. I work as an account director for a publicly traded consulting firm, but I began my career in a technical capacity (data warehousing, modeling, coding, BI, analytics) and transitioned here about 11 years ago. That said... Palantir software is a Business Intelligence platform with advanced data integration capabilities. This platform is an enabler of deep analytics and AI. Neither main component is unique in any sense of the word.

    High level, Foundry is essentially a MicroStrategy clone. It has a server that maps data sources into a logical model of objects that makes them easy to use for reporting and analytics. It has a good "in memory" capability in terms of local data storage, but it also can "live query" source data. There is a visualization component for web and mobile with all the basics. (mapping, data grids, charts, graphs, etc.) MicroStrategy is the best comparator, but Cognos, BOBJ, and OBIEE are also enterprise grade peers. Gotham is basically an ETL tool that connects to data. It can bring in multiple streams and relate data sets so that they can be reported on and analyzed in a single view. It has a decent associative engine, but nothing better than anything else, and it requires a lot of human intervention. Foundry leverages the "model" Gotham creates. When you hear Gotham, think Ab Initio, Informatica, Talend, ADF, etc.

    Inside of these components you can write code/algorithms with Python, R, etc. that seek a variety of things. You need to know the use case and where to look, of course. Some seem to feel there is a "magic button" you click and it tells you when the next embassy bombing will take place. (HINT: It doesn't) Data is just data. It can be numeric, text, binary, image, etc., but it has no character, no emotion, no intelligence. Human need to understand what that data represents, then they code for what they want. Facial recognition is an awesome example. The process doesn't compare pictures, it is comparing the numerical expressions behind them, and it associates common expressions as a linked result. Google photos is a great example.

    Palantir is a platform that can do this, BUT -- big BUT -- they didn't invent anything. Let's pretend they are looking for possible terrorists in an airport. They start with a known set of images. Then a camera sends images to a server, the numeric translation is run, the result is compared to the numeric strings that are stored, and if there is a high probability of a match, an alert pops up.

    At the end of the day, this is a query. You are taking in a variable and comparing it to a set of literals. Palantir enables this functionality, they didn't invent it, and it certainly is not unique. Some good coders can make it sing, but it is a human effort.

    That is just one example.

    So, Palantir as a platform is ordinary. Feel free to argue the finer points, but the competition is endless, not to mention cheaper. Most enterprises these days are recreating enterprise BI platforms in the aggregate by using something like Talend and Databricks in between source data and presentation layer, for example. Now, Palantir as a business is a different story entirely. They made a very calculated and firm decision to focus on the federal space, not commercial. They built a platform that was meant to run largely on-prem (or in their cloud) and it required a lot of horsepower. They opted not have a real partner program, so they maintained full control of sales and delivery. They essentially turned themselves into a federal consultancy that catered to government use cases. Their software has been approved, they have a known procurement method, and they know how to work together well with government. Palantir hires smart, expensive, US citizens (no offshore or H1 for gov't) to implement. They call them Forward Deployed Engineers, but they are just developers, business analysts, and PMs. These people are hard to find and hire at scale. The bulk of their work is fixed price, not T&M. They understand federal budgets and how to win these contracts. They primary "fix price" bid, which conceals rates and allows play with license. (Software and consulting are accounted for differently on both sides) Their terms are also fixed, say 3 years. Up front price basically includes maintenance for the term. After 3 years then you start again. I know there is chatter now about different models, but I will believe it when I see it.

    I am generalizing, but this is essentially how they operate. Unfortunately, that model doesn't scale at all, as they have no outside sales channels, no partners, and no delivery scale.

    Software companies rely heavily on partners. When I say partner, think Cognizant, Accenture, etc. These are "scale" partners who are everywhere and can have great influence over commercial spend. They also have the resources to implement. Software companies have SAAS offerings and relationships with the major cloud platforms. They have consulting arms, but they are generally more software focused and technical, not business focused. They install, they guide, but they rarely do large implementations over a long period of time.

    The commercial space doesn't play the game that Palantir wants them to play. It hasn't happened in 20 years and unless PLTR completely changes course, it will never happen. Never.

    I mention Databricks above. They are a software company and their platform is a superior alternative to much of what Palantir is. They have been in existence for 8 years and have over 6,000 clients and growing. Palantir has been around for 2 decades now and has 146 clients total. How many are net new and over $1 mil. in the last 12 months? I bet not many. Why is that? Why is such a "superior" platform lagging so poorly in an industry that keeps exploding? I don't know...

    I won't talk about stock compensation, valuation, or anything else. I am merely pointing out what Palantir is and how they generally operate. It is obvious how misunderstood they are, mostly because of slick marketing (outrageous in many cases) and Cathie Wood.

    In summation: - Business Intelligence and data integration software - Very expensive compared to a multitude of competitors and options - Business model geared to federal, not commercial - Heavy consulting model that doesn't scale well and hurts margins - No real partner program or channels for sales or implementation

    I hope that helps some of you."

    submitted by /u/clint1reid
    [link] [comments]

    Here is a Market Recap for today Monday, August 30, 2021

    Posted: 30 Aug 2021 01:38 PM PDT

    PsychoMarket Recap - Monday, August 30, 2021

    Stocks traded mixed, with the S&P 500 (SPY) and tech-heavy Nasdaq (QQQ) extending gains from last week to reach new intraday record highs. On the other hand, the Dow Jones (DIA) was driven slightly lower due to weakness in financial and energy stocks while the Russell 2000 (IWM), which tracks the performance of small-caps, broke its winning streak to close 0.41% lower. Market participants continue to digest the Federal Reserve's annual Jackson Hole Symposium and a key speech by Chairman Jerome Powell on Friday. Looking ahead, market participants await a busy week for new economic data, with the August Jobs Report due out on Thursday.

    Despite hawkish statements by other Federal Reserve members in the July meeting minus, in his speech Powell remained highly accommodative, suggesting he was more inclined to wait to see further progress in the economy before tapering QE, especially in light of surging infections due to the Delta variant. Powell said, "At the FOMC's recent July meeting, I was of the view, as were most participants, that if the economy evolved broadly as anticipated, it could be appropriate to start reducing the pace of asset purchases this year. The intervening month has brought more progress in the form of a strong employment report for July, but also the further spread of the Delta variant. We will be carefully assessing incoming data and the evolving risks. Even after our asset purchases end, our elevated holdings of longer-term securities will continue."

    Powell once again urged caution since the economic recovery in the market is still undergoing, saying effects from an ill-timed policy shift would "arrive after the need has passed" and "could be particularly harmful. Here is the full quote, "The main influence of monetary policy on inflation can come after a lag of a year or more. If a central bank tightens policy in response to factors that turn out to be temporary, the main policy effects are likely to arrive after the need has passed. The ill-timed policy move unnecessarily slows hiring and other economic activity and pushes inflation lower than desired. Today, with substantial slack remaining in the labor market and the pandemic continuing, such a mistake could be particularly harmful. We know that extended periods of unemployment can mean lasting harm to workers and to the productive capacity of the economy."

    Regarding inflation, Powell once again reiterated the need for caution but suggested he was prepared to act if incoming data deems it appropriate. He said, "Central banks have always faced the problem of distinguishing transitory inflation spikes from more troublesome developments, and it is sometimes difficult to do so with confidence in real time. At such times, there is no substitute for a careful focus on incoming data and evolving risks. If sustained higher inflation were to become a serious concern, the Federal Open Market Committee (FOMC) would certainly respond and use our tools to assure that inflation runs at levels that are consistent with our goal. Incoming data should provide more evidence that some of the supply–demand imbalances are improving, and more evidence of a continued moderation in inflation, particularly in goods and services prices that have been most affected by the pandemic. We also expect to see continued strong job creation. And we will be learning more about the Delta variant's effects."

    Here is the full transcript from the speech, I encourage everyone to read it fully. It's not very long and is extremely insightful to see exactly what the main monetary policy maker thinks of the current state of the economy

    https://www.federalreserve.gov/newsevents/speech/powell20210827a.htm

    Regarding Powell's speech, BTIG Chief Equity and Derivatives Strategist Julian Emanuel said, "Powell "did three things very, very right, and obviously the markets are celebrating that. First was keeping the speech succinct. Second thing he did risht is, he sent the rest of the Fed governors out over the prior four weeks to basically tell us all that the taper was coming. He merely had to reiterate, and reiterate softly, that message, which he did very effectively. The third thing is he really tackled inflation head on. He knew that's been the preoccupation of the markets for these last couple of months. While he didn't give any new real evidence as to why he views inflation as transitory, he did cite the ongoing moderation in commodity prices and the view that past history would indicate that inflation is likely to be temporary."

    Looking ahead, market participants are set to receive more data on the strength of the labor market recovery this week, with the Labor Department's August jobs report due out on Friday. Consensus economists are looking to see that 750,000 payrolls came back during the month, representing an eighth straight month of gains but a slight pullback from July's 943,000.

    Highlights

    • Shares of buy-now-pay-later company Affirm (AFRM) gapped up more than 40% after announcing partnership with Amazon (AMZN) that will let customers buy items of $50 or more in installments.
    • Shares of travel and leisure stocks slid after the European Union issued a new recommendation to restrict nonessential travel from the US due to surging coronavirus Delta cases. Here is the recommendation: https://www.consilium.europa.eu/en/press/press-releases/2021/08/30/covid-19-council-removes-5-countries-and-one-entity-territorial-authority-from-the-list-of-countries-for-which-travel-restrictions-should-be-lifted/
    • July pending home sales unexpectedly dropped, according to data from the National Association of Realtors, likely due to high housing prices. Sales dipped 1.8% in July compared to June, nearly matching June's 2% decline. Economists were looking for a gain of 0.3%
    • McDonald's (MCD) sent a notice to instruct franchisees on steps they should take to re-close indoor dining in areas where the Delta variant is rapidly spreading. Originally, barring any COVID resurgence, McDonald's planned to fully reopen indoor dining by Labor Day (Sept 6)
    • Apple (AAPL) announced changes to its App Store regulations that will allow software developers to tell customers how to pay for services outside of Apple's ecosystem, part of a proposed settlement of a class-action lawsuit. The shift will make it easier for some apps to steer customers toward other forms of payment, rather than using the App Store, where Apple charges a commission of up to 30%.
    • ESPN, which is owned by Disney (DIS), is reportedly seeking to license its brand to major sports-betting companies for at least $3 billions over several years, according to sources familiar with the matter as reported by the Wall Street Journal. On offer is the right for a suitor to use the ESPN name for branding purposes and potentially rename its sportsbook after ESPN. The sports-media giant has held talks with players that own major sportsbooks, including casino operator Caesars Entertainment (CZR) and DraftKings (DKNG) the sources said. ESPN has existing marketing partnerships with both companies already. This is huge for the sports-betting industry, will be closely following this story.
    • Amazon-backed (AMZN) electric vehicle maker Rivian is reportedly seeking a $70-$80 billion valuation in its upcoming IPO. The company has an agreement to produce electric vans for Amazon and a pickup truck for consumers. In my humble opinion, even being backed by Amazon, this valuation is insane.
    • **Please note that current stock price was written during the session and may not reflect closing prices*\*
    • Affirm (AFRM) with a host of target raises following the Amazon news. Average price target $120 at Buy. Stock currently around $99
    • Albemarle (ALB) target raised by Cowen from $180 to $260 at Outperform. Stock currently around $237
    • Asana (ASAN) target raised by Jefferies from $65 to $90 at Buy. Stock currently around $78
    • Crowdstrike (CRWD) with a host of target raises. Average price target $320 at Outperform. Stock currently around $286
    • DocuSign (DOCU) target raised by Wedbush from $290 to $340 at Outperform. Stock currently around $303
    • Fortinet (FTNT) target raised by Wedbush from $310 to $350 at Outperform. Stock currently around $319
    • Eli Lilly (LLY) target raised by Cowen from $250 to $300 at Outperform. Stock currently around $262
    • Workday (WDAY) with two target raises. Stock currently around $270
      • Wolfe Research from $270 to $300 at Outperform
      • Loop Capital from $320 to $340 at Buy
    • Zscaler (ZS) target raised by Wedbush from $240 to $320 at Outperform. Stock currently around $278

    "Without labor nothing prospers." - Sophocles

    submitted by /u/psychotrader00
    [link] [comments]

    When to take profits

    Posted: 30 Aug 2021 12:56 PM PDT

    Hey all - are there any hard/soft rules you use when profit taking?

    I have a MF base of my portfolio of the basic US/international vanguard funds.

    Past that I used the other 80% to allocate across (mainly) growth stocks

    Although I know holding long term would be hard to beat - when I see something like 20-30% gains POST tax short term - I have a hard time not taking that/reallocating/buying more MF base with it.

    Any tips/suggestions on exit strategy?

    Thanks

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

    Why is Salesforce's P/E Ratio so high?

    Posted: 30 Aug 2021 09:38 AM PDT

    It's currently sitting at just over 100 (106 at the time of writing) despite reporting great earnings. Pre-earnings, it was around 55 IIRC. Is it due to them paying or diluting shares for the Slack acquisition or are they investing heavily in something else?

    submitted by /u/cats-with-mittens
    [link] [comments]

    Up 46% since Starting Investing 2020 in VOO

    Posted: 30 Aug 2021 10:02 AM PDT

    This is just wild, starting investing consistently 420 (hehe) a week and the amount I have gotten back is incredible. Currently placing about 60% of my take home into VOO, hoping to start renting out my room for additional income. Currently sitting around $63,000.

    Any input, thoughts, or opinions of what I am doing? Should I make any changes?

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

    Zoom drops 12% on lower than expected guidance

    Posted: 30 Aug 2021 01:56 PM PDT

    Zoom reported fiscal second-quarter net income of $316.9 million, or $1.04 a share, compared with net income of $185.7 million, or 63 cents a share, in the year-ago quarter. The company's adjusted net income was $1.36 a share. Revenue soared 54% to $1.02 billion from $663.5 million a year ago.

    Analysts surveyed by FactSet had expected adjusted net income of $1.16 a share on revenue of $991 million.

    The better-than-expected top- and bottom-line quarterly results were undercut, however, by a tepid forecast for third-quarter earnings. Zoom gave guidance for between $1.07 and $1.08 a share of adjusted earnings, while analysts polled by FactSet anticipated $1.10 a share.

    submitted by /u/thelastsubject123
    [link] [comments]

    How much cash do you keep in the bank?

    Posted: 29 Aug 2021 04:05 PM PDT

    I have way more cash in the bank than what I need between paychecks. I've put some in a brokerage acct, but can't help but think I need to put more rather than let it sit making nothing. This is money I still want to keep relatively accessible.

    submitted by /u/jamesr14
    [link] [comments]

    Is a wash sale bad?

    Posted: 30 Aug 2021 01:12 PM PDT

    I recently sold a position that I regret doing for a loss (panic sold) and now wanted to buy it back at a lower price, but it would be a wash sale. I understand that the loss goes into my cost basis and really buying it back lower would just basically give it back at the same price I originally paid for it. Is this a stupid move? I just want to know what I'm getting involved with before I do it.

    submitted by /u/aguaholic33
    [link] [comments]

    What do you consider in valuing longterm stock picks?

    Posted: 30 Aug 2021 10:41 AM PDT

    The way to wealth is making smart calculated purchases over the course of a lifetime. Very few Warren Buffett got rich by investing in "the next Amazon or Apple" most wealthy successful investors had strong fundamentals.

    There's a chance this thread has existed before, but I really want to develop stronger investing fundamentals including learning how to decide for myself if a stock is overvalued or under valued rather than merely looking at it's 52 week average, revenue growth, and what the experts are saying. Data can easily be manipulated.

    So what are the criteria you personally look for in a good pick? How do you determine if a stock is undervalued and overvalued? And how do you know when to sell. Rather than just guessing.

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

    Tesla, diluted share count, and ARK research.

    Posted: 29 Aug 2021 03:30 PM PDT

    Let's talk about ARK for a moment. ARK is very open with their research, which is more than can be said for most actively managed funds. A few months ago, they released a Tesla valuation model that can be found on their github here. I don't care to comment on the assumptions of their business -- as 2025 hasn't yet come, it would just be my word against ARKs. There is, however, an interesting assumption at the bottom of their Tesla valuation that I do want to talk about. They assume shares outstanding will increase from 960M at the end of Q4 2020 to 964M in 2025. This is integral to their per share price target.

    Let's check how Arkk is doing on that assumption. In terms of financial quarters, we're 10% of the way to the end of 2025, Tesla should be around 960.4M shares. According to Tesla's most recent 10-Q, pg. 1, there are 990M shares outstanding as of July 22. That's 7x the shares ARK assumed in 10% of the time. But Tesla hasn't issued any new shares, so what exactly is going on here?

    The answer lies in the diluted share count. Diluted share count includes all sources of additional shares that could be converted or exercised, e.g. convertible bonds, Employee stock options, warrants, etc. These instruments are exercised over time, and the basic share count will tend towards the diluted count. On pg. 13 of the 10-Q, we can see that including dilutive effects, Tesla's share count is closer to 1.12B.

    The utility of the diluted share count should be obvious. If one is modeling a security five years out, especially if the projected price movement is bullish, it should be assumed that all outstanding stock options, warrants and convertibles will be exercised and added to the share count to create an accurate price target. 20% of Tesla's outstanding dilutive instruments have been exercised in the last six months. Diluted share counts tend to catch up quickly.

    Why would companies dilute their shares like this? Employee stock options can pad cashflow and convertible bonds' optionality can decrease interest coupon rates. These are highly desirable among growth companies with poor cashflow and low/nonexistent credit ratings. Tesla suffered from both of these problems for many years.

    Which brings us back to ARK. ARK largely deals in early stage startups and growth companies. They should see a lot of these instruments being used. They should be intimately familiar with the effects of SBC, convertibles, and warrants. Yet, they didn't consider these effects in their last two models. This leads to three possible conclusions:
    1) No one at ARK realized the model was made using the basic share count.

    2) ARK intentionally used the basic share count to increase their price target.

    3) ARK's security analysts don't know the importance of using a diluted share count in this situation.

    None of these options paint a particularly rosy picture of the firm. If you invest in ARK, this is the quality of research being used to make investing decisions. Caveat Emptor.

    submitted by /u/thri54
    [link] [comments]

    I think this is a catalyst for $RBLX

    Posted: 30 Aug 2021 10:08 AM PDT

    KSI made a sponsored video playing the game. Most of his audience are above 10 so they think the game is weird and childish. But the video is significant because of 2 reasons . (1) roblox is marketing the game where it actually matters(people that don't play it) . (2) There is a decent chance they will sponsor PewDiePie to play it next. He's insanely influential and has made games popular in the past (Minecraft, flappy bird). The more that roblox cynics are exposed to the game, the likely they'd play it. I believe there's a real chance that roblox will turn into the once weird thing that has ironically become popular (just like crocs).

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

    Why aren't sports book stocks going up?

    Posted: 30 Aug 2021 08:55 AM PDT

    With the NFL season just around the corner and deals being signed with companies to allow betting, why aren't sports books going through the roof? It seems like all of them are just sitting in a place and rising or falling within a few dollars randomly. Any thoughts?

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

    SPY shares -vs- calls for medium term to long term gains over time?

    Posted: 30 Aug 2021 11:46 AM PDT

    I have been holding SPY shares since the beginnings of the pandemic, but am wondering about enhancing my returns with calls. I have had luck buying at the money, 30 days til expiration on red days.

    If you're talking about growth over a few years period, I know everyone says don't time the market, but would entering on red days and selling on rips, then waiting for another red day be the answer? Or would it be better to buy 2+ years out til expiration and just hold like you would the shares, selling when you reach a certain price target? How would returns on maximum days til expiration compare to returns on shares??

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

    Thoughts on William O’Neil’s book “How to Make Money in Stocks”

    Posted: 30 Aug 2021 09:32 AM PDT

    I just finished reading Peter Lynch's "One up on Wall Street" and am now reading William O'Neil's book, and I have to say I am not feeling entirely sure of what O'Neil says, especially when comparing his thoughts to Lynch's (one of the best fund managers in history).

    For example O'Neil says things such as "the stock that sells at 20x earnings does that for a reason" and low P/E stocks are often so because that company has a ghastly earnings record (which is often not the case at all).

    From what I've gotten so far, he says it is often completely justifiable to buy stocks selling at (for example) x100 or more future earnings, which as any sensible investor knows is simply not always the case.

    Just curious what other people think about O'Neil's thinking? A lot of what he preaches does seem logical like his CAN-SLIM method but I'm finding myself hesitating with a lot of what he says.

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

    IBKR Price Management Algorithm?

    Posted: 30 Aug 2021 11:20 AM PDT

    When setting buy/sell orders in Interactive Brokers, you have the option of selecting "Price Management Algorithm". Their blurb explaining what that means doesn't make sense to me. Does anyone know the consequences of selecting that option and when it is advised to do so? Thanks!

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

    How to hedge against falling USD

    Posted: 30 Aug 2021 01:51 AM PDT

    Hi All,

    I live in Europe and have all of my stock portfolio in US stocks (AApl,google,MSFT) at a us broker (tastyworks) in USD. I am mostly a long term investor (+5years) but last week I withdraw some cash to my account in EUR and realized 10.000 USD converted to 8400usd (45usd withdraw fees included) so I was shocked as I don't follow the USD/EUR rates and became worried.

    Is there a strategy to hedge against these FX risks? Maybe an ETF or even gold?

    Thank You

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

    What is going on with [the forecasts for] $BIDU?

    Posted: 30 Aug 2021 02:09 PM PDT

    I am a novice trader. I picked up some shares of Baidu many years ago because most forecasts show awesome returns, but the forecast has shown this for a long time, and the stock has honestly only been slowly decreasing while other tech stocks continue to boom.

    Are the forecasts just wrong on this one, or are they anticipating an explosion at some point that just hasn't happened on their projected timeline? I would expect better since my understanding is that Baidu pretty much Google to China... are they somehow screwing with the numbers to not give returns to American investors, or am I overthinking it? A friend told me that the EPS for this stock is unheard of, but I don't know enough about trading to really know any better. Any insight would be appreciated.

    At this point, I'm wondering if I should just cut my losses, or pick up more if a boom is actually anticipated.

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

    Investing 10K in 10 ETF

    Posted: 29 Aug 2021 04:42 PM PDT

    Hello,

    I am 30, and I have 10K to invest in stocks for 10+ years.

    I have a high risk tolerance, and I am looking for growth.

    What do you think ifI Invest $1000 in those 10 ETF :

    1. ARKK
    2. VGT
    3. QQQ
    4. VUG
    5. IWF
    6. VOOG
    7. ARKW
    8. UPRO
    9. SOXX
    10. IWO

    Feel free to tell me if some ETF overlap each other or if you have better ideas.

    Thank you !

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

    No comments:

    Post a Comment