Daily General Discussion and spitballin thread - September 03, 2021 Investing |
- Daily General Discussion and spitballin thread - September 03, 2021
- Daily Advice Thread - All basic help or advice questions must be posted here. September 03, 2021
- Why does common stock appreciate more than preferred stock?
- Heavily indebted Chinese developer Evergrande warns of default risk
- Investing in the current ATH market.
- Chewy Announces Second Quarter 2021 Financial Results
- Any recommendations for Cybersecurity stocks that aren't overvalued as sh!t?
- Why do so many people dislike the federal reserve?
- Anybody hedging heavily against a downtown?
- S&P 500 Data listed in Excel
- Zen Graphene with 'Paradigm Changing Applications' in Healthcare, Green Energy, and Materials Science
- Stop-loss priority in the market
- Why is ESG (Environmental, Social and Governance) investing seen as "WOKE" investing and a scam?
- Private Equity: Negotiation or Number Games
- Six attractive stocks IMHO (AAPL AVGO CMCSA CRAI CVS JNJ). What do you think?
- If crypto goes vertical is it best to wait for the price to come back down before buying?
| Daily General Discussion and spitballin thread - September 03, 2021 Posted: 03 Sep 2021 02:02 AM PDT Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here! This thread is for:
Keep in mind that this subreddit, and this thread, is not an appropriate venue for questions that should be directed towards your broker's customer support or google. If you would like to ask a question about your personal situation or if you are asking for advice please keep these posts in the daily advice thread as that thread is more well suited for those questions. Any posts that should be comments in this thread will likely be removed. [link] [comments]  |
| Daily Advice Thread - All basic help or advice questions must be posted here. September 03, 2021 Posted: 03 Sep 2021 02:01 AM PDT If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments]  |
| Why does common stock appreciate more than preferred stock? Posted: 02 Sep 2021 09:26 PM PDT I understand that preferred stock pays out more in dividends, and is preferred in the case of bankruptcy. But why should it not appreciate as much as common stock? If the company is worth $1m, with 100k shares, then a thousand shares of either preferred or common stock would amount to 1% ownership. If the company goes up by 100% to $2m, then I have gained $10k, being that I own 1% of a $2m enterprise with 100k shares. So why does it matter if my ownership is preferred or common? [link] [comments]  |
| Heavily indebted Chinese developer Evergrande warns of default risk Posted: 02 Sep 2021 06:54 AM PDT
For those not aware, Evergrande is the largest real estate developer in the world. And it's arguably the largest real estate developer in the largest real estate bubble in the world. I'm sharing this because if this were to default, it could be a trigger for some much larger market turmoil. Evergrande represents potential systemic risk both in China as well as the global financial markets. IE, this defaulting could be a bit of a Lehman-esque type moment. With that out of the way, I want to be very clear - **this is NOT likely to default*\* since the strong likelihood is that it will get a bailout due to the system wide risk attached to it for China. Edit: and also just to add, China controls a lot of levers in their economy that you would not see in western free markets. This can potentially prevent things from spiraling in a negative manner. With that being said, history has a lot of examples of policy mistakes, or attempts to control asset bubbles that simply end up popping the bubble. I stated this a few months ago, but the current attempt from Chinese policymakers to control debt and reduce economic risk is a tightrope walk, and there are legitimate risks of overtightening. With that said, China has a LOT of control over all the levers in their financial system, so if any country would be able to stop a cascade, it's likely China. The result is that this is more likely to be a bottom for Chinese markets assuming it gets a bailout. But there is a small tail chance that the complete opposite happens and things really fall apart. Since that chance is larger than normal (but still not large) and the magnitude of effects are enormous if it were to occur, it's something that's worth at least being aware of. Note: Please at least try to refrain from making this into an ideological or political debate about China. Given, sometimes these things merge into the financial realm of discussion, but at least try to take a neutral view of this. [link] [comments]  |
| Investing in the current ATH market. Posted: 02 Sep 2021 10:57 AM PDT I'vw been doing monthly investment in sp500 for a few years. That had worked well on the past years when there are up and downs. however, right now the market is at an all time high. There's research that shows that regular investment will likely be better in the long run as I put the money to work earlier. However, psychologically, I'm kind of nervous to continue doing monthly investment. I'm thinking of holidng back day 50% of my money that I would have other wise invest each month, and investing when the market dip. Not sure that make sense. Anyway, I would love to hear your thoughts, and for those who are or are no longer doing monthly investment, whata your main rational? Thanks. [link] [comments]  |
| Chewy Announces Second Quarter 2021 Financial Results Posted: 02 Sep 2021 05:51 AM PDT Chewy, Inc. (NYSE: CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, has released its financial results for the second quarter of fiscal year 2021 ended August 1, 2021, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com. Fiscal Q2 2021 Highlights: - Net sales of $2.16 billion grew 26.8 percent year over year - Gross margin of 27.5 percent expanded 200 basis points year over year - Net loss of $16.7 million, including share-based compensation expense of $25.6 million - Net margin of (0.8) percent improved 110 basis points year over year - Adjusted EBITDA of $23.3 million, an increase of 50.5 percent year over year - Adjusted EBITDA margin of 1.1 percent improved 20 basis points year over year "We have now crossed the halfway point of 2021, and our results once again demonstrate the strength of our business model and the incredible bond between pets and pet parents," said Sumit Singh, Chief Executive Officer of Chewy. "Our business remains healthy, with second quarter net sales up 27 percent year over year, driven by a 21 percent increase in active customers and a 13 percent increase in net sales per active customer. Customer engagement is growing, and we are confident in our ability to deliver strong results while navigating uncertain market conditions due to the ever-evolving COVID-19 pandemic." [link] [comments]  |
| Any recommendations for Cybersecurity stocks that aren't overvalued as sh!t? Posted: 02 Sep 2021 02:23 PM PDT I've been trying to get into the cybersecurity and data privacy industry because of it's monster growth projected over the next decade (CAGR of 9% and 41.5%, respectively). Sadly, it seems I'm a little late to the party because every company I've seen is ridiculously overvalued imo. I'm not usually a stickler for high valuations, but these guys are on another level. ZS has a P/S of 61.66, DDOG has 54.21 P/S, NET has a whopping P/S of 72, and CRWD has a whopping 53 P/S and 15 PEG. The only one I can see that seems relatively okay is PANW with a forward P/E of 63, a P/S of 10, and a PEG of 2.32. not amazing, but I can see how it could outperform. I know these numbers don't mean everything, and there are other reasons why I believe they are overvalued, but I have never researched an industry that consistently had this high of valuations compared to sales. Yes, some of these guys are growing 100% YoY consistently, but that'll still take years for them to grow into their valuations, assuming their prices stay stagnant until then. Is this just a symptom of the industry right now, or are there some genuinely good buys in Cybersecurity or data protection that have ground-level valuations? And just to get ahead of it, please don't blatantly shill or do any FUD in the comments. [link] [comments]  |
| Why do so many people dislike the federal reserve? Posted: 02 Sep 2021 11:09 AM PDT I know hating the federal reserve is a really big talking point used by the cryptocurrency enthusiasts to get people to buy and not sell cryptocurrencies. If people didn't buy cryptocurrency that whole ecosystem would not work. But given the state of the financial economy and the world (it is based on debt) the fed needs to manage the debt to keep the financial ecosystem from imploding. Why does the world (financial talking heads and others) seem to hate the federal reserve? Has the federal reserve not performed well in its monetary policies? Why do people complain? The fed's job is important and they appear to do it well. [link] [comments]  |
| Anybody hedging heavily against a downtown? Posted: 02 Sep 2021 11:50 AM PDT Pretty self explanatory. You may not believe things will go down, and if so it's not my intention to argue — I'm familiar enough with investing to know value stocks will win if held in the long run and I understand we're in the greatest bill run in history BUT I can't help but see breaks in the dam. I'm looking to make money when things go down. Mostly concerned with:
You may not agree with any of this and believe the bull market will continue forever, but I believe we're back in the pickle faced by Carter and will need to boost interest rates to combat inflation at which point a great majority of small companies will fold — and largely inflated P/E ratios will fall resulting in a catastrophic loss of market cap on Wall Street. If you think this is possible, or heck even if you don't, humor me and let me know how you'd invest. I've got some shares of FAZ, SPXU, and UVIX because they seem to have blown up when interest rates racheted up in fall of 18 and I expect a similar performance when the fed realizes it can't print its way out of the PE bubble it's created. Thoughts? [link] [comments]  |
| Posted: 02 Sep 2021 06:29 AM PDT S&P 500 Stock Data Download - "Invest in Information" (stockstoexcel.com) This website hasn't been updated in a while and it gives top notch information, it is easy to order stocks by EPS, P/E, Market Cap, etc. The only issues is that it is relatively old information. I have tried importing stock information to Excel myself, unfortunately the method I'm using leaves out EPS (a metric I consider to be one of the most valuable measures in determining investment decision). Does anyone know of a location on the internet to acquire big data on the SNP 500 that can be sorted similar to that of a chart in Excel? Go bulls! [link] [comments]  |
| Posted: 02 Sep 2021 10:18 AM PDT Disclosure: I currently own 26,000 shares of Zen.v at a $2.9 CAD cost-basis, writer of the article also retains a long position on the stock at hand. I have shared write-ups on this specific stock many times on other subreddits, My initial position was taken back in April, with many purchases since then. Edited down from a SeekingAlpha article for brevity's sake. Full article is very detailed and a recommend to read fully. Short term Risks: HC Approval. In the short term, it's all that matters effectively. This company has many opportunities not discussed here, so the long term view is quite bright. In other words, the face mask and PPE market opportunity is a launch pad for the even larger opportunities that will come later. Thus, if HC approval does not come through- (more questions that delay things beyond, let's say a month or 2, or worse, an outright rejection – neither of which is expected, but can't be known with regulators until it becomes public, which is why getting approval is a MAJOR de-risking event for the company) -then expect the stock to have a rough time of it. On the other hand, if they get approval... This company is in what Stan Druckenmiller has described as "Inning 1." If for some reason, HC does not grant approval and bless it as anti-viral and biocidal, but leaves the door open, then the stock steps back and it will be Stan's Inning 0, as long as HC ultimately grants approval. Investment Thesis: ZEN Graphene Solutions Ltd. (OTCPK:ZENYF) (ZEN.V) has a major catalyst ahead of it with the decision of Health Canada as to the safety and efficacy of its game-changing biocidal, anti-viral and anti-microbial AgGO-2 mask coating. Risks are in favor of approval, which would be a major de-risking event, causing a rapid and significant (roughly 100%+) re-rating of the stock. For those less inclined to await approval, the intermediate and longer term upside would remain significant, even from those levels, giving a pre-approval risky investment or a significantly less risky post-approval investment. The business model is extraordinary (discussed below), so if the company executes anywhere near plan, this will be a hyper-growth company that will be a "must own" over the next few years as the Graphene industry develops. An IP Play on an Innovative Nano-Material, Not a Mining Company: ZEN was a mining company. It is now an IP nano materials play ("graphene-enhanced" technology). The company recently announced it is asking shareholders to approve a change to their industry status with the stock market and that it will seek to move to a bigger exchange, hopefully in the US. The company has a graphite deposit which is at the development stage, which costs very little to maintain for now and which won't be mined for many years, if ever. I expect de minimis expenses for the deposit for the foreseeable future. Three Initial Target Markets: Prevention, Detection and Treatment
Personal Protective Equipment (PPE): ZEN's first market will be the application of its formula to surgical and other masks. The effect of their formula is innovative and game-changing: it is to be applied on an additional layer of mask, which essentially grabs the particle (the formula is hydrophilic) when it hits the mask (either coming at the wearer or from the wearer) and then render it harmless. The next PPE application will be for nitrile gloves. Given the tremendous threat posed by MERSA, alone, it seems logical that the company's customers ultimately also will apply ZEN's formula to surgical caps, gowns and booties. Air Filtration, Air Conditioning Filters: This is an enormous market, with various industry reports reporting it in the many billions of dollars. That's when things are "normal" (i.e., pre-COVID). If the mask market is a company-maker, the A/C filtration market is a barn burner. There are millions of office buildings in the US and Canada. There are over 6,000 hospitals. There are over 21,000 nursing homes and elder care facilities. There are airports, airplanes, trains, subways, restaurants, theaters, malls - all are high traffic, often densely packed and require the best quality filters on the market. And all are desperate for solutions to create a safe environment to bring back business. Detection and Sensors: The company's product (separate from the AgO-2 solution) provides next generation rapid, saliva-based antigen detection. In about 8 minutes and at very low cost per test, according to the company, the product uses a patent-pending DNA aptamer that recognizes the SARS-CoV-2 spike protein simply through a saliva test. Imagine going to an indoor concert today with 1000s of other people packed in in close proximity and no masks? What if for something like a $10 ticket surcharge, you could arrive at a pre-assigned time (let's say an extra 10-30 min early, depending on the size of the venue and number of entrances), get tested, have a highly accurate answer in 8 min, and then go in to the concert, free of concerns that the 100s of people anywhere near you and the 1000s in the auditorium have COVID. Please see the company's presentation for more details: ZEN Graphene Solutions. The solution appears to be scalable, accurate (making PCR tests look awful) and has the added benefit that aptamers can be adapted to be used for many diseases, well beyond COVID. It's a tremendous market opportunity for the company that cracks this nut and also a very high margin business. Therapeutics: Down the road, the company is looking to enter the therapeutics market, including both topical and ingested applications. Management believes this market opportunity may be even larger than the aforementioned markets. As these take time to enter and will not drive revenue in the near-term, but also won't cost much to pursue in the short term, I'll address them at a later time. The Model: The company has initiated a pilot line and is producing roughly 1 million masks per day (1M mpd). The company is also building out a 25M mpd facility nearby their offices that is scheduled to begin ramping production in Nov. The same coating should be applied to many different use cases, so the company thinks about sales in "masks equivalent" ("me"). For instance, if a typical industrial air filter is 3m x 3m (my slightly educated guess), that would require roughly 100me. Margins: Assuming GM north of 80%, given that graphite (the underlying commodity) is cheap and plentiful, we're talking about a nano-material, so very small quantities are required relative to output and revenue. OP's Note: They are currently purchasing Graphene-oxide from a third-party to fullfill production, but anticipate a scaling-up of in-house production over the next year. Price of purchase is proprietary according to Exec. Dir. but claim that their studies of the material they are purchasing fit the bill for the mask-coatings. Expenses: Expect the company to be running at about $300K per month in opex, which already allows for running the new facility since most of it is automated machinery. Per interview Aug. 11th, opex was $200K/month, but given what the Chairman recently said on a public investor call, they're hiring at least a few heads. For the sake of conservatism, assume that given the massive ramp in revenue and profitability, they'll end up spending more than that, so double their current opex number to $400K. Capex: Assume capex will be around $5M-ish, a good bit of which already has been spent. Regardless, the number is so low as to be inconsequential if the company is generating the kind of cash flow, it will, given their current cash position of something just over $4M plus a bit more than that amount in warrants, many of which are in the money and some of which have acceleration clauses; roughly $8M-ish+, all in, vs a very low burn rate. Obviously, since they're only beginning to ramp and generate revenue, there is a wide range of profit possibilities. Based on what co has said: Assuming the company makes something toward 4c/mask, based on what would be a conservative assumption, which is using the lower end of the midpoint of the revenue per mask the company mentions in its presentation, which you can review, as noted, above. Let's say that at some point in 1H:2022 they're selling out the 25M mpd. That's: 25M mpd equivalent x .04 = $1M/day in revenue x 80%+ GM = $800K/day GP (all numbers in Canadian Dollars) x 30 days/mo = $24M/mo GP -$400K/mo opex (using low end of what management has said) = $23.6M EBITDA per month x 12 months = $283.2M EBITDA / year -27% tax rate = $206.7M in Net Income /99M shares (fully diluted) = C$2.09 annualized run rate EPS (approx. $1.66 in USD) (the company has a $30M NOL that will reduce this on first earnings) Balance Sheet: With $4M in cash and more than that in in-the-money warrants, some of which have accelerator clauses, the Company doesn't need capital. Assuming they get HC approval, are generating meaningful rev and cash flow and want to improve the company's public profile, I could definitely see this Street-savvy management team raising capital opportunistically. I'm okay with that: a company that doesn't need to raise money won't be forced to do so at unattractive prices, like so many small cap companies. A company growing rapidly with their business accelerating and a long runway will have investors clamoring to get in at scale, so deal terms should be very attractive for all parties involved. Since they don't need money, they can be opportunistic about whether and at what price they might consider a deal. If they continue to hit milestones, any such deal would only be done at multiples of the current price. (Yes, I know that sounds like every other small cap dream, but if you dig into this one, you'll see it's quite rational.) Anticipate that the company will seek uplisting on the US markets later this year if Sep 27th shareholder vote passes through. Misc: Lock-up expiration behind us: There was a deal in the spring. The lock up expiration is now well behind us (early Aug). Insider Buying: The CEO recently bought 50,000 shares (over $100,000) in the open market. He's already the largest shareholder, owning about 4% of the company. I see this as a vote of confidence in ZEN's prospects of winning HC approval. Summary:
[link] [comments]  |
| Stop-loss priority in the market Posted: 02 Sep 2021 06:53 AM PDT Hi. I am wondering how priority in the market works. First, reglamentary apology as English is not my first language. Let's say there is a particular stock worth 100$. Now there are some conditions that lead investors to lose credibility in this stock. First buy order is down to 90$. If an investor with shares have a stop-loss order at 95$ and another one has it at 90$, which one would be executed earlier? Imvestor 1 because he has 'waited longer' for a buy order or investor 2 because he has perfectly matched the price set by the buyer? Thanks. [link] [comments]  |
| Why is ESG (Environmental, Social and Governance) investing seen as "WOKE" investing and a scam? Posted: 02 Sep 2021 11:34 AM PDT ESG Investing is a relatively new (compared to most other types) of investing strategy. Companies that have generated high ESG scores (when analyzed right) have proven to outperform other companies in their sector over the long term. ESG analysis is thorough and when done right is not surface level. The high ESG is essentially a scoring that communicates a company's ability to be more sustainable, environmentally friendly and operate in a more work place friendly culture and so these companies tended to weather economic storms (so to speak) better than their counterparts. Over the long term. Therefore, the financial incentive is that a high ESG score is associated with decreasing cost of capital. Why? They are deemed to be a less riskier asset class. They may not generate absolute return returns but they are stable and steadily increasing. So we have ESG Funds popping up, and Asset management firms are hiring ESG Analysts - Governing bodies and other public entities as well etc. etc. So why do so many consider ESG "a scam" or "woke" investing? Is it because it introduces a class system in the public equity space that they consider themselves to be lesser in? [link] [comments]  |
| Private Equity: Negotiation or Number Games Posted: 02 Sep 2021 07:37 AM PDT What are the skills needed to ace in PE? Most organization pyramid are filled with professionals - managers - strategy level roles; from start - mid - top; respectively. What are Private Equity jobs like? Numbers in the beginning and negotiation as you go up, or is it something else. Also, what are the transferrable skills the Private Equity professionals have? I do know of M&A in an Investment Bank. What else? [link] [comments]  |
| Six attractive stocks IMHO (AAPL AVGO CMCSA CRAI CVS JNJ). What do you think? Posted: 02 Sep 2021 09:21 AM PDT Here is a couple of stocks that might be worth your attention this week. They were selected using a couple of criteria - most of them heavily rely an the company's fundamentals; the analysts recommendations are only provided as a kind of support for the hand-picked names. This is why I'm calling the approach a consensus strategy. The stocks I'm going to present you below are generally believed to outperform the stock market in the coming months, they have a consensus recommendation of Buy, their fundamentals are scored considerably better than most stocks and their average target price by stock analysts is above current market valuation. In order to consider buying the stock's shares, the following criteria need to be satisfied:
Note: Descriptions of those criteria are provided at the end of this post as well as HERE. If you decide to buy any of the below stocks, you might want to consider the following selling conditions (at least one of them should be satisfied):
Let's now take a look at the stocks I've identified with this strategy today. APPLE INC (AAPL)Sector: Electronic Technology Valuation of entry parameters:TheStreet score: A BROADCOM INC (AVGO)Sector: Electronic Technology Valuation of entry parameters:TheStreet score: A COMCAST CORP (CMCSA)Sector: Consumer Services Valuation of entry parameters:TheStreet score: A- CRA INTERNATIONAL INC (CRAI)Sector: Commercial Services Valuation of entry parameters:TheStreet score: A- CVS HEALTH CORP (CVS)Sector: Retail Trade Valuation of entry parameters:TheStreet score: A- JOHNSON & JOHNSON (JNJ)Sector: Health Technology Valuation of entry parameters:TheStreet score: A Now, a few words on the criteria I'm using and sources of data.1. TheStreet score The first filtering step is to get stocks with Buy recommendation at TheStreet stock screener. I'm only keeping stocks with A+, A or A- rating (top ones), although A-, B+, B and B- are Buys as well. From thestreet.com: A (Excellent) – The stock has an excellent track record for maximizing performance while minimizing risk, thus delivering the best possible combination of total return on investment and reduced volatility. It has made the most of the recent economic environment to maximize risk-adjusted returns compared to other stocks. While past performance is just an indication — not a guarantee — we believe this fund is among the most likely to deliver superior performance relative to risk in the future as well. And about the methodology (source: https://www.thestreet.com/r/ratings/reports/detail/T.html): TheStreet Ratings' stock model projects a stock's total return potential over a 12-month period including both price appreciation and dividends. Our Buy, Hold or Sell ratings designate how we expect these stocks to perform against a general benchmark of the equities market and interest rates. While our model is quantitative, it utilizes both subjective and objective elements. For instance, subjective elements include expected equities market returns, future interest rates, implied industry outlook and forecasted company earnings. Objective elements include volatility of past operating revenues, financial strength, and company cash flows. 2. Zacks Rank It is required that the Zacks Rank is Hold, Buy or Strong Buy (so we're avoiding stocks with Sell and Strong Sell recommendations). The Zacks Rating utilizes a completely different system, based on company earnings-related data, in particular earnings estimate revisions and earnings surprises, to predict profitability of holding the company's shares. More from https://www.zacks.com/education/stock-education/zacks-rank-guide-6: A portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 31 years with an average annual return of +24.3% a year; more than double that of the S&P 500's +10.6% . 3. Weiss Ratings recommendation We're only keeping stocks with Buy (B) or Strong Buy (A) recommendation. Wjat are these scores? This is what I found at their website: "A" Rating: Excellent. The company's stock has an excellent track record for providing strong performance with lower-than-average risk, and it is trading at a price that represents good value relative to the company's earnings prospects. While past performance is no guarantee of future results, our opinion is that this stock is among the most likely to deliver superior performance relative to risk in the future. Of course, even the best stocks can decline in a down market. But our "A" rating can generally be considered the equivalent of a "Strong Buy". "B" rating: Good. The company's stock has a good track record for delivering a balance of performance and risk. While the risk-adjusted performance of any stock is subject to change, our opinion is that this stock is a good value, with good prospects for outperforming the market. Although even good investments can decline in a down market, our "B" rating is considered the equivalent of a "Buy". 4. Yahoo Finance recommendation and target price It is required that the Yahoo Finance stock recommendation is at least mixed Buy/Hold from experts. Additionally, the predicted target price (average, from experts) should be at least 5% higher than the current one. 5. Piotroski F-Score The Piotroski score is a number between 0-9 that reflects nine criteria used to determine the strength of a company's financial situation, including profitability, leverage or operating efficiency. Zero is the worst value and nine is the best. As we can read in Piotroski's paper from 2000: In addition, an investment strategy that buys expected winners and shorts expected losers generates a 23% annual return between 1976 and 1996, and the strategy appears to be robust across time and to controls for alternative investment strategies. It is required that the score is 4 or higher. The values were retrieved from https://www.gurufocus.com. 6. InvestorsObserver Overall Score The rank has a value in between 0 and 100. It takes into account both technical analysis and fundamental stock data. An Overall Rank of N means that a given company is rated above N% of stocks, therefore the higher the number, the better. My requirement is that the company has InvestorsObserver Overall score of at least 50. The Overall Score combines our two technical scores (Short Term and Long Term) with our Fundamental Score into one metric. This makes our overall score a great place to start when evaluating stocks, regardless of your investing style. A low score doesn't necessarily mean a stock is likely to go down, just that our system doesn't think there's much of a bullish case for it. Please note that the company profile data (short description) was taken from tradingview (sometimes I shortened it) and dividend data was retrieved from MarketBeat. I hope you enjoyed the reading. What do you think about this stock selection and the strategy? Feel free to leave a comment below. Michael Disclosures:
[link] [comments]  |
| If crypto goes vertical is it best to wait for the price to come back down before buying? Posted: 02 Sep 2021 11:18 AM PDT I've been watching a few crypto markets over the past three months. Was about to buy, but before I could the prices started shooting up crazy high. Personally, I think I'm seeing a dead cat bounce and the prices will come back to sane levels within a month. The price movement in a ton of these assets has gone vertical, and volume is starting to decrease. I think it's just hype and people diversifying their Bitcoin and Ethereum profits for other assets. I'm not looking for advice on my personal situation as there are other factors that will influence my buying habits in the next month to two. I just want to make sure my general sense of investing when prices go vertical is more or less sound. Basically, if I already hold the asset I should sell some of my position once the chart starts rounding, and if I don't drop a limit order around where I think the price will crash down to within a couple months. Is my thinking more or less right on vertical price movement? [link] [comments]  |
| You are subscribed to email updates from Lose money with friends!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment