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    Sunday, September 12, 2021

    Stock Market - IMPEDING CRASH IMMINENT! maybe...

    Stock Market - IMPEDING CRASH IMMINENT! maybe...


    IMPEDING CRASH IMMINENT! maybe...

    Posted: 12 Sep 2021 10:53 AM PDT

    Most People vs Traders

    Posted: 12 Sep 2021 09:58 AM PDT

    Double Top Pattern. I’m extremely bearish on this chart.

    Posted: 12 Sep 2021 04:46 PM PDT

    GameStop (GME) Recent Stock Float History

    Posted: 12 Sep 2021 01:02 PM PDT

    GameStop (GME) Recent Stock Float History

    I tried posting this on another subreddit but it didn't work. I thought it might be of interest to people here. I went through my archives and put together the attached chart of GME stock float and short interest over the last several months. As everyone has noticed, the float number recently reported by Yahoo Finance looks to be off. I can't explain why, but based on my experience with such data, float does not fluctuate that greatly on a day to day basis. It will be interesting to see what the data bears out over the next several days. I hope this is of interest to followers of GameStop stock (I currently hold no positions in GME).

    https://preview.redd.it/ombohs8wo4n71.png?width=952&format=png&auto=webp&s=5f3ab305bf90e5d3f09471a3c4f0b75a253874dc

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

    Right after the market starts to pullback a bit they show up.

    Posted: 12 Sep 2021 12:17 PM PDT

    Options - Explain It Like I Am A Five Year Old

    Posted: 12 Sep 2021 02:42 PM PDT

    I have been asked by several people to explain the basics of Options Trading (and to do so in a way that is easy to understand).

    Once again this is for those that either do not understand Option trading or need a refresher.

    While I am not sure it is entirely possible to cover the all the complexity inherent in this subject in one post, hopefully this will give you a solid fundamental understanding of Option Trading. I will try to keep it as simple to understand as possible.

    Nevertheless, I still urge you to check out the tutorial videos your broker most likely provides - for example, Ameritrade has an excellent Options training "course".

    Also - please know that reading this does not mean you should start trading Options. Until you have practiced using them with consistent success, I caution against trading them with real money.

    Options:

    The concept/theory of option contracts have been around for a long time, probably since the conception of trading goods/commodities began. In a way, the entire Insurance industry is based on the same principles. For the stock market, Option trading has been open to traders since 1973 (so they are as old as I am). And that is what Options are - a contract.

    Just as with any contract you can either be the person who is writing the contract, or the one that is buying it.

    All contracts are based on two things - the current and the future price of an underlying (in this case, Underlying refers to stocks, commodities, ETF's - like SPY). For the purposes of this post, I will be using stocks as the underlying example.

    The difference between buying an option contract and buying the actual underlying is when you buy a stock, you actually own that stock - it is an asset; however, when you buy an Options contract you own the contract. You are paying for the right to buy (or sell) a 100 shares of a stock. Essentially you have not yet paid for the stock, you have simply paid for the right to act on that stock at a future date.

    Now one might think that only institutions can write (i.e. sell) Option contracts, but actually anyone can sell them - you just need to have the money in your account to back it up.

    Still confusing? Here's an example:

    The housing market is currently going up, a lot. But you are afraid if you buy a house now, the market might crash. You are also afraid that if you don't buy now, it will keep going up. After looking at different properties you finally find one that you love - it is listed for $1 million. You feel that you will know either way what the market will do within the next two months, but you don't want to risk buying the house now.

    So how much would you pay the owner of the house to lock in the price of $1 million for you? So that if in two months the house is now worth $1.5 million, you can still buy it for a million, but if it drops to $800,000 you don't have to buy it at all? Let's say the owner offers you a deal - if you pay them $25,000 now - they will guarantee you the house at $1 million and you can buy it for that at anytime in the next two months. They also tell you that this contract is transferrable, meaning you can sell it to someone else for whatever amount the market will bear. So you pay the owner $25K. And the house goes down to $900K after 1 month. Now you can either wait and hope the price goes back up. You can sell your contract to someone else, but it would be worth much less than 25K now (i.e. why would someone pay $25K for the right to buy a house for $1 million when they can buy it right now for $900K?). The person taking that deal would have to be extremely bullish on housing to agree to pay you for a contract that gives them to right to buy the house for $100K over asking price (if you think this sounds like a bad deal, it is exactly what you are doing when you buy an Out-Of-The-Money Option). Maybe if they are very optimistic on the housing marketing still, and think in the next month that house is going to go to $1.4 million and they have no intention of buying the house but know they can sell that contract again for more than they paid you for it, they might being willing to do a deal, but it is going to be for less than $25,000. Now, if the price of the house goes up to $1.2 million, you just made a lot of money. You can either exercise your contract and buy the house for $1 million - you lose the 25K it cost for the contract, but made $200K on the house. If you wanted you can turn right around and sell the house for $1.2 million and make $175,000. Or you can sell your contract to someone else - the right to buy a $1.2 million house for $1 million, with a month left to go on the contract would be worth more than $200K. Or you can hold the contract and wait to see if the house keeps going up in price (thus, increasing the value of your contract).

    Notice that unless you exercised the contract, you did not buy the house - you just bought the right to lock in a price.

    So now with stocks:

    Stock A - current price is $100.

    If you are bullish on Stock A, you can buy the stock. So you buy 10 shares for $1,000. You now own that stock. If it goes up you can sell it for a profit, if it goes down you can sell it for a loss, or you can hold it. As long as the company is listed on the exchange, you can hold your shares indefinitely.

    If you are bearish on Stock A, you can short the stock. So you borrow 10 shares from the broker for $1,000 and immediately sell them - collecting the $1,000. But you still owe your broker 10 shares of Stock A. If the price goes down to $95, you can buy back the 10 shares for $950 and give those shares back to your broker, keeping the $50 difference. If the price goes up to $105, you now have to buy back those shares for $1,059 and give the shares back to the broker, losing $50.

    However, let's say that you think the amount of profit you can expect off owning (or shorting) 10 shares of Stock A simply isn't worth it. Well options allow you to use leverage.

    There are two types of Options - Calls and Puts. And remember, a single contract of either a Call or Put always refers to 100 shares of the underlying. As such, the price of an option contract is multiplied by 100 - so if it costs $1, that is saying it costs $1 per share, meaning the actual cost is - $100.

    A Call option contract gives the buyer of the contract the right (but not the obligation) to purchase a stock at a set price on a set date.

    A Put option contract gives the buyer of the contract the right (but not the obligation) to sell a stock at a set price on a set date.

    What is important to note here is that you do not need the money in your account to actually buy 100 shares of Stock A ($100 * 100 = $10,000), nor do you need to actually have 100 shares of Stock A to sell to somebody. All you need to have is enough Option Buying Power to pay for the cost of the contract itself. However, if the contract is about to expire you will be warned that you could be in a margin call soon (meaning you might be forced to buy 100 shares of a stock you can't afford or sell 100 shares of a stock you do not have).

    So let's look at four scenarios on the same Stock:

    Scenario 1 - Buying a Call: Stock A is currently going for $100 per share. You think it is going to go much higher in the next couple of weeks. So you buy a contract that say you have the right but not the obligation to purchase 100 shares of Stock A at a price of $95 a share (this is known as the strike price) in two weeks time (known as the expiration date). This is called an In-The-Money Option. Given that the price of the Stock is $100, one would think the person selling you that contract that let's you buy the stock at $95 would charge $5 per share, or $500 per contract for this transaction - as this is the intrinsic value of the option. Options that have intrinsic value are In-the-Money. However, what would be the benefit to the seller of the contract in that case? They are getting no benefit from selling you that contract. Because they would be selling Stock A to you for $95 a share, which is cheaper than the going rate (i.e. they could just sell Stock A themselves for $100 a share), so the $5 charge would just be to make up the difference. Since they want to make a profit, they are going to charge you a premium on top of that intrinsic value to get some benefit. That premium is calculated using various factors and set by the market-makers (explained later); however, you are primarily going to be charged for time (this is called Theta - time decay) and for how volatile the stock is (Vega - volatility). The more time on the contract, and higher the volatility in the stock, the more premium you will pay for it. For this example, let's say in this case to buy a Call for Stock A with a strike price of $95, when Stock A is worth $100 will cost you $6 for this contract, or $600. Obviously, if you bought this option and then immediately exercised it, you would be able to buy 100 shares at $95, and then you could sell it for $100 - thus, making $5 a share - but it cost you $6 a share to have the right to do that, so in the end you have lost $1 a share. Hence, why you are hoping for the price to go up - but now you know the amount you need it to go up to - which is to $101 by expiration. You need Stock A to be at least at $101 at the expiration date to break-even. Anything over $101 and you are in profit. However, this is if you intend to exercise your contract. And here is the other important note about options - Most traders never intend to exercise their contracts.

    Essentially what you are trading are the contracts themselves.

    If after one week since you bought the call option at a strike of $95, for $6 a contract, Stock A was at $102 - an increase of $2 per share, the contract would now have an intrinsic value of $7 ($102 - $95) and then when you add on the remaining time decay and increased volatility (since it just moved 2% in a week, from $100 to $102), the current value would be around $8.50 per share, at 100 shares = $850. Since you paid $6 per share ($600), you could now sell this contract to someone for a profit of $2.50 or $250.

    Scenario 2 - Buying a Put. Now let's say you are bearish on Stock A, and not just bearish, but very bearish. You think it is going to fall a lot. So you buy a Put Option that expires in two weeks, at $97. This means you have the right, but not the obligation, to sell Stock A at $97. However, at the time you bought this Put if it were exercised you would have to buy 100 shares at the current rate ($100) and then turn around and sell it at the contracted rate ($97) - meaning you would lose money. Since the Option is currently in a losing position it is known as an Out-of-the-Money Option. And guess, what? You still have to pay a premium to own something that is currently in a losing position. However, since there is no intrinsic value to add to the price of the Option, you are paying all premium, which is cheaper than an option that does has *intrinsic value (*people are drawn to Out-of-the-Money Options because they are cheap). Let's say you pay .50 cents ($50) for the right to sell Stock A for $97. When you buy the contract, you currently hold a contract that has $50 of value. However, if Stock A stays the same price or goes up, your contract will be worth less and less, eventually down to $0 (meaning you lose the entire $50). However, if Stock A drops and goes to $98 in the first week your contract might be worth .90 ($90), at which point you could either sell it and make $40 profit, or hold it, hoping the stock goes down more. However, as time ticks on, the value of your contract declines based on Theta. With your contract Out-Of-The-Money you are constantly fighting against time, hoping the stock drops in price (with a Put) which raises the value of the contract, faster than Time Decay decreases the value.

    Both of these scenario involve you Buying contracts. As mentioned, you can also sell contracts.

    Scenario 3 - Selling a Put. Selling Puts are considered a bullish strategy (Note: Selling Options requires a higher margin balance). So let's go back to Stock A. You like it and want to buy the stock, but feel it is a bit over-priced at the moment. But you will be happy to buy it at $95. So you sell Puts at the strike of $95 with an expiration date of one month. And let's say you collect, .35 ($35) per contract that you sell.

    If Stock A closes above $95 on expiration day, you keep the $35, and move on to the next trade. However, if Stock A closes below $95, you now have to buy 100 shares of Stock A for the agreed upon price of $95. If the stock falls to $93, clearly you have lost money on the deal, but since you got .35 cents per share, you really only paid $94.65 per share, meaning you are down $1.65 per share on the trade. However, if you had just bought the stock at $100, you would be down $7 per share. So yay for you?

    Just like with contracts you bought, you can also trade the ones you sell. Let's say Stock A dropped to $97 and there is 3 days left. But you are afraid it is going to keep dropping and you do not want to risk it falling below your strike price of $95. You no longer want to own it at $95, and your contract is now worth .15 cents (even though the stock dropped in price, Time Decay lowered the price of the contract faster than the price decreased helped it). You can buy back that contract you sold for .35 cents for .15 cents and make .20 cents ($20) on the deal.

    If you have the money is your account to buy 100 shares of Stock A at $95 ($9,500), this is called a Cash-Secured Put. Your broker will require you to put up a share of that $9,500 in margin to protect themselves.

    As you can see, selling Options can be very dangerous. When you buy options your loss is maxed out at the price your paid for it (i.e. if you paid $4 ($400) for a Put, and the stock didn't go down, and you just let the contract expire, you could only lose $400), but when you sell Options, your loss can be much greater. Selling Puts, your loss is theoretically the price of the stock times 100 - meaning if you sold a $95 Put, and the stock went down to $0 (never happens really), you would still be forced to buy 100 shares at $95 for a stock now worth $0, meaning you lose $9,500 (minus the .35 cents ($35) you received for selling the Put).

    Scenario 4 - Selling a Call . Selling a Call is technically a Bearish strategy. If you sold a call on Stock A (worth $100 per share) with the strike price of $100 (since the strike price is equal to the actual price, this is known as At-The-Money) this means you are agreeing to sell the other person 100 shares of Stock A at the price of $100. Now there are two ways to do this - Covered and Naked.

    Covered Calls means you already own 100 shares of Stock A. Maybe you bought them a long time ago, or perhaps you just bought them now for the purpose of doing a Covered Call. Either way, if the stock goes up to $105 by the expiration date, you must give away your shares at $100 per share. You would have received some premium for selling the call, and since it was At-the-Money the premium you received would be somewhat higher than if it was Out-of-the-Money. Basically, if you are selling a Call on Stock A at the strike price of $105 with an expiration of 2 weeks, while the stock is currently $100, the person buying that call is only going to make money if Stock A goes up by a lot. So let's say they pay .25 cents ($25). You have a high chance of not only keeping that $25 but also keeping Stock A since it would have to go up beyond $105 before anyone could call your shares away (hence the name Call Option). Whereas, an At-the-Money Call would be worth more, perhaps around $1 ($100). Most people use Covered Calls to generate income off stocks they own. For example if I own 500 shares of AAPL, and each week I sell an Out-of-the-Money Covered Call on it, it would go something like this:

    AAPL - currently at $148.97. I sell the call expiring 9/17 with the strike of 160 for .25 cents ($25). Since I have 500 shares, I sell 5 contracts, netting me $125.

    If AAPL goes up to $159.99 by expiration, I not only collected $11.02 from the stocks I own, but all the additional $125 from selling the calls. And I get to keep all my shares.

    If AAPL goes up to $150 by expiration, it is the same thing, except I collected $1.03 from the shares, and $125 from the Call I sold. And I get to keep all my shares.

    If AAPL goes up to $160, I collected $11.03 from the shares and the $125 from selling the Calls, but would have lost the shares for the price of $160.

    If AAPL goes up to $165, I collect $11.03 from the shares and the $125 from selling the Calls, but I lost any gains over $160 as I had to sell the shares to the person who bought the contract.

    If AAPL goes down to $147 by expiration, I lose $1.97 per share (which I would have lost any way since I own the shares), but made .25 per share from selling the Calls, so it cushioned the loss by roughly 13%. However, as I saw AAPL dropping it now became difficult to sell my shares and avoid further loss until I close out the Calls I sold (if I sell my shares, I would be left with a Naked Call which is very dangerous).

    Naked Calls are when you sell Calls on an underlying without owning the required 100 shares per contract to cover it. This is one of the most dangerous trades you can make, and requires the highest level of trading approval from your broker. Why? Because if you sold those $105 strike calls on Stock A and did not own them, and suddenly Stock A announced it is releasing an innovative new product - sending their stock to $175, you now owe $70 per share ($7,000).

    A few other things to take note:

    Greeks - Other than the intrinsic value of an option, there are various components that go into the pricing of the contract. These components are known as the Greeks. Throughout the post I mentioned time-decay and volatility - known as Theta and Vega respectively. There are also two other major Greeks known as Delta and Gamma.

    Delta - Back to good ole' Stock A (price currently - $100) and you bought an In-The-Money Call with a strike price of $98 for $3 ($300). You would expect that as the stock goes up $1, the value of your Option contract would also go up by $1, right? Not exactly. It will go up $1 times Delta. So if Delta is .6, that means, that when the stock goes up by $1, from $100 to $101, your $3 Option would now be worth $3.60 - going up by .60 cents. Delta also tells you the markets belief of the likelihood that Option will be In-The-Money at expiration, and a Delta of .6 is saying that consensus is there is a 60% chance Stock A will be above $98 at expiration.

    Gamma - So let's say Stock A did go up by $1, and your Option value increased by 60 cents. That means your $98 strike Call Option is even deeper In-The-Money now than it was when you bought it. So the Delta should be higher. Another way to think about it is - if the stock went from $100 to $101, the chance that Stock A will finish above $98 by expiration should now be higher than 60%, so the Delta should have increased. How much will the Delta now be worth? How much of an increase in value in the Option should you expect if it goes from $101 to $102? Gamma tells you that. If Gamma was .07 when you bought the Option, than Delta will increase by .60 + .07 =.67 after it went from $100 to $101. Now that it is at $101, Gamma will also change as well.

    Remember, the deeper In-The-Money your Calls/Puts are, the higher the Delta will be and the more leverage you will have. In other words, you want your Option contract to increase in value penny for penny with the underlying. If you have a Call and the underlying goes up 50 cents, you want your Option contract to also increase in value by 50 cents. Deep In-The-Money Calls give you the best 1 to 1 leverage. Whereas far Out-of-the-Money calls might only have a Delta of .1, meaning the underlying could go up $1 and the value of your contract only increases by 10 cents.

    Vega - This Greek reacts to changes in implied volatility. Higher levels of implied volatility tells you that the underlying is subject to larger swings in price. For example, as earnings for a stock approach, implied volatility will be high, as there is an expectation of larger than normal movement in the stock. Vega measure the impact on the price each percentage point change in implied volatility will have - which is why buying Options and holding them over earnings subjects you to an IV Crush (and is generally a bad idea overall). Example:

    Stock A (price of $100 per share) has earnings coming up on 9/14 and the option expires on 9/17 - the Implied Volatility is 145%. An Out-Of-The-Money Call at the strike price of $102 goes for $3.50 ($350). This means that Stock A needs to get above $105.50 for you to be in profit at expiration (if you do not understand why that is, go back an reread this post from the beginning). Let's say Stock A does well on earnings and the next day is at $104, meaning it went up $4 in price, or 4% - which is a pretty big increase. But your Call Options are now worth $2.75 ($275) - with $2 ($200) of it being intrinsic value and only .75 cents ($75) in premium. You actually lost .75 ($75) on the trade even though the stock went up 4% in value. Why? Because implied volatility dropped from 145% down to 30%, since there is no longer an event coming up that could cause a huge swing in the price. The big change that was expected already occurred, and thus the stock is no longer seen as volatile as it was before.

    Theta - Finally you have Time Decay. When you buy an Option, Time Decay is not your friend. The clock starts to tick the moment you buy the stock and it accelerates as you get closer to expiration. Every day you hold that Option (including weekends) the value of your contract is decreasing by Theta. If Theta is .74 cents ($74), you are losing 74 cents ($74) per day in the value of that contract. However, if you sold the Option, then you are on the other side of Theta and you want to see Time Decay tick away at the value. When you sell an Option, you ideally want it to be worth $0 at expiration.

    Options can be used for Day Trading, Swing Trading and even long-term Investments. I have other posts that deal with Option Strategies, but this one is primarily for those that wanted to get a base understanding of the instrument from the beginning.

    These are basics of Option Trading. There are various combinations you can do with these options, which are called spreads and that is for another post. Before you even consider doing spreads, you need to make sure you understand the basics laid out in this post.

    Hopefully this answered some of your questions.

    submitted by /u/HSeldon2020
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    Zen Ape

    Posted: 12 Sep 2021 12:39 PM PDT

    1000+ Stock Market books in PDF format.

    Posted: 11 Sep 2021 09:19 PM PDT

    $ATER DARVAS BOX, VOLUME SHELF AND 15MIN VOLUME PROFILE. SEE "$ATER SHORTS HAVING MOTHER BAR PROBLEMS" PT 1 & 2 FOR IN-DEPTH TECHNICAL ANALYSIS DISCUSSIONS

    Posted: 12 Sep 2021 05:34 PM PDT

    Elon Musk made an interesting point about how often a company innovates is a more important factor than having a moat.

    Posted: 12 Sep 2021 05:12 PM PDT

    "I don't give a damn if a company has a moat. If you have company A that's capable of innovating 20 times a year and company B that only innovates 10 times a year, eventually company A will eclipse company B. Moat or no moat."

    People thought Amazon would be squashed by companies like Barnes And Nobles, Target and Walmart, because they had "moats" and brand value. But now Amazon is far more technologically advanced and valuable than any of those companies.

    Lastly I just saw an interview of Bezos where he talks about the techniques he used to make amazon into as an innovative company as possible, so I guess he had the same idea. Pretty fascinating interview

    https://www.youtube.com/watch?v=F7JMMy-yHSU

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

    S&P 500 dot com bubble parallels leave institutional investors wary | Asia Markets

    Posted: 12 Sep 2021 03:12 PM PDT

    I scanned over 150 charts this weekend. Here are some good setups I found to buy the dip (or sell CSPs): AME, CRM, SQ, DLO

    Posted: 12 Sep 2021 03:55 PM PDT

    I scanned over 150 charts this weekend. Here are some good setups I found to buy the dip (or sell CSPs): AME, CRM, SQ, DLO

    If you've been following Reddit and Twitter from last week, CCJ has been one of the most talked about tickers, and rightfully so as the stock is up 60% in one month and 15% just last week. Interestingly enough, on Friday the stock price closed at the area with the most Gamma Exposure (GEX) at $25 per share.

    Personally, I like Uranium as a long-term hold, but this price action deserves some paying attention to and potentially taking some profits off the table.

    For those of you that don't remember or haven't read some of my other posts. Here's a description of the boxes/zones I've overlaid on the chart.

    • Red Zone = FOMO area and very high-risk, high-reward play.
    • Orange Zone = The stock has normalized back a reasonable level, but is still somewhat volatile. r/R (risk/reward) is already way better than a red zone.
    • Green Zone = The stock is at a much better post-hype entry level. This area is a prime risk-to-reward when looking at a swing trade.

    https://preview.redd.it/mwz91k3tj5n71.png?width=2402&format=png&auto=webp&s=46d2784339171190537fc231271da66977f58f31

    Of course, these zones are very easy to notice after-the-fact. Going into June CCJ would have looked to have been on a steady up-trend and buying any dips earlier this year along the way would have netted some nice returns.

    I'll be keeping an eye on CCJ next week to see what happens with this squeeze or if it reverts back to the mean. Entering a new position here and chasing FOMO is extremely risky. I'll be keeping an eye on this if it goes back into the low $20's to enter another position.

    Let's look at my short-list of "buy the dip" stocks this week.

    The BTFD (Buy The F'n Dip) List

    Ametek (AME)

    https://preview.redd.it/vxu2m9vtj5n71.png?width=2404&format=png&auto=webp&s=76b6eedffa4f173e1d7823cf47d626d7372fa41b

    If you don't know about Ametek then all you need to know is that it is a beast of a company. Strong fundamentals, strong business model, and is nicknamed the "niche acquirer" from their strategic list of acquisitions. AME is typically a very slow moving stock, similar to Microsoft, but if you zoom the chart out over a couple years you'll see this thing only goes up. The very small dip recently might prove to be a good entry point if you've been waiting to get in for some time. Ex-dividend date is also tomorrow. So I would expect this to be slightly green, if the market permits, to make up for the div.

    Salesforce (CRM)

    https://preview.redd.it/3gbqynguj5n71.png?width=2408&format=png&auto=webp&s=ff07c616c63147ba228d85cb40554afc87a63f6b

    Another long-term stock for my portfolio. CRM saw some tailwinds early on during Covid, but over the last 12 months the stock price has stalled. In my opinion last week's dip could be a good entry. The $250 level, which was previously resistance, might also be a good support zone to enter. Keep an eye on the 50 EMA which it was been bouncing off during this recent uptrend since May.

    The MEME List

    The "meme" list isn't necessarily meme stocks, but it's what I refer to when I'm talking about stocks that have potential to trend on social media, or they are generally higher-risk growth-stocks.

    Square (SQ)

    https://preview.redd.it/ac8k3eivj5n71.png?width=2408&format=png&auto=webp&s=4acc054e09790d4fe23db1354c236820e9f75658

    Square, which saw insane growth through Covid, has somewhat lost it's momentum. This 10% dip over the last several weeks gives it a better entry than at $275 when it was a slightly over-extended. RSI hitting over-sold and volume profile sitting right at the shelf where trading volume thins out. IMO this is a quality name to own for the long-term and although the stock is up a lot in the last 6 months, today offers a better entry.

    D-Local (DLO)

    https://preview.redd.it/iyi3bw6vj5n71.png?width=2398&format=png&auto=webp&s=cc147db4aed6820b9733439128a7beaf69f62766

    You don't see this name around Reddit too much, but I think it deserves to get on most people's radar. DLO is a payment processor for Latin America, and 3rd world/emerging markets. The growth they are experiencing is over 100% YoY, which drove the stock price +30% on earnings in August. Since then it's had about a month's worth of consolidation at the $65 level. I think here at $62 provides an "orange box" entry which I am willing to take a risk at. Ideally I would have liked to enter in the $50's, but that's what investing is all about, finding ideal risk-to-reward opportunities.

    submitted by /u/LegendaryHODLer
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    Dividends Plus Growth - BST is a Beast

    Posted: 12 Sep 2021 06:01 PM PDT

    Dividends Plus Growth - BST is a Beast

    Ticker: BST
    Current Price: $54.45
    Dividend Yield: 4.98%
    Dividend Frequency: Paid Monthly
    Assets Under Management: $1.8 Billion
    Expense Ratio: 1%

    Background
    BlackRock started in 1988 and is the largest investment firm in the world with over $9 Trillion in total assets under management. They have a total of over 1,000 Funds and 7,500 employees in the US.

    Objective
    BST (and the newer BSTZ) is BlackRock's Science and Technology trust. It is structured as a perpetual closed-end equity fund (for more info on CEFs see here). The fund was created in October 2014. The fund's goal is to provide current income and also long term capital appreciation. BlackRock's strategy for the fund involves investing 80% of the asset's funds in science and technology companies from any market cap size, selected based on their growth potential, innovation, and income potential through dividend yields. BST also boosts income with premiums through selling covered calls on the underlying assets.

    Holdings
    See images below for BST's Top 10 Holdings, Sector Breakdown, and Geographical Exposure

    Top 10 Holdings

    Sector Breakdown

    Geographical Exposure

    Performance
    See backtesting here with dividends re-invested, compared to the ever popular technology fund QQQ. Since inception, BST has had an average annual return of 26.72% compared to QQQ with 22.59% tracking the Nasdaq 100. It is interesting to note that the worst year for BST was +5.38% while the worst year for QQQ was -0.12%. This is presumably from a period when tech stocks were trading sideways. Due to the dividend yield, BST was still able to generate a 5% return while tech stocks were not in a growth period. Backtesting here shows performance with dividends held as income. Through share price appreciation alone, BST was able to grow 18.61% on average while providing an average of around $1,000/year in income for every $10,000 invested.

    Summary & Opinion
    BST is a science and technology fund with the largest investment firm in the world that aims to generate income and growth for holders. The expense ratio is inflated, but historical returns are also inflated; beating out one of the most popular tech growth funds QQQ. If you saw my last post on DIVO, you will see similarities in the sense that both DIVO & BST provide 5% dividend yields with solid growth over time. DIVO is diversified pretty evenly across the ten sectors of the S&P 500 while BST is specifically a science and technology fund. This explains BST's great returns since its inception in 2014 as we have been in a bull run lead by tech growth. Whether that will continue is anyone's guess. If you are more risk adverse BST probably is not the best choice. However, it is clear that BST has proven itself as a beast for both dividend income and growth in the science and technology space.

    submitted by /u/mike_oc23
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    Beijing to break up Ant’s Alipay and force creation of separate loans app

    Posted: 12 Sep 2021 05:23 PM PDT

    Trading ideas and watch list for the week ahead

    Posted: 12 Sep 2021 05:09 PM PDT

    Trading ideas and watch list for the week ahead

    https://preview.redd.it/xwi0ut7ov5n71.png?width=1047&format=png&auto=webp&s=c63ac8a05dad93e3d988604b3fd896ab7c4c0ee7

    $CRIS is being added to my watch list due to the daily range and pockets of low resistance up ahead, setting up alerts for a possible bullish move into the next trading week.

    https://preview.redd.it/romqadvyv5n71.png?width=1045&format=png&auto=webp&s=3cd36ad55ee1a47abc0f63eb61fde2bcd57dafea

    $GOCO has a pocket of low resistance up ahead, basically the same concept as $CRIS stock that has a good daily range towards the bullish side.

    https://preview.redd.it/ek2vhx8aw5n71.png?width=1046&format=png&auto=webp&s=ee6b0dc46ce5c6d5d0af85d75b85daa0c76b6399

    $ZNGA and other gaming names started moving during the last trading session because of the court ruling against APPLE letting companies use third-party companies for payment processing, I think it is a good idea to keep an eye out for a possible follow-through move towards the upside.

    https://preview.redd.it/0x8m075pw5n71.png?width=1046&format=png&auto=webp&s=2873c41c1c8db0ff5b22eb5eef14adba16fccf89

    $FTI and other energy sector stocks like $IO are picking up since the suppliers are having problems after the IDA storm battered many states and now that the demand is picking up gas prices are going up.

    https://preview.redd.it/0w2bdep4x5n71.png?width=1048&format=png&auto=webp&s=c139859873b8950999a70a2b68c49ba43137fed7

    submitted by /u/DrioMarqui
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    Wk 25 1k portfolio

    Posted: 12 Sep 2021 04:20 AM PDT

    The impending crash.....

    Posted: 12 Sep 2021 12:05 PM PDT

    Most people have between 10-30% of their portfolio in "dead money" stocks. These were purchased for lots of bad reasons and were shifted from a "trade" to and "investment" because "we" were unable to admit we were wrong, and take the loss early. Cutting losses early is one way to remain solvent in the investing game. Last week I sold all of those stocks and a trimmed few others. It hurts, but it had to be done. I'll hold those proceeds as cash in anticipation of a small 5-10% correction between now and the middle of October. Then I'll redeploy that money into quality companies that will actually rise. No one ever tells you of this strategy because they don't want to admit they were EVER wrong. There aren't many geniuses out there so let's get honest and make the hard decisions. Dump every loser and shift the proceeds to cash for at least a month. Watch and see what happens. "Cash is a position."

    submitted by /u/TontineTrader
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    Best way to print bar charts

    Posted: 12 Sep 2021 11:53 AM PDT

    Hi traders

    I've been looking at a way to monitor my trades and investments on paper

    For any of you who like to monitor their trades or investments with paper charts, I am wondering what would be the best path forward to print weekly or daily bar charts… Also - what kind of paper and/or software and/or settings do you like to use, what service, what kind of paper size and printer, etc........

    I've been looking at a few charting services like yfinance, barchart.com, marketsmith etc.. but it seems you cannot remove their grid before printing (that's if you want to use your own grah paper)

    Thank you in advance for your insights or inputs

    submitted by /u/karmicp
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    IMPORTANT ATER STOCK UPDATE! What To LOOK For NEXT WEEK! ATER Stock Analysis + ATER Price Prediction

    Posted: 12 Sep 2021 08:23 PM PDT

    AGTC with upward potential next few weeks onward- HPT is $35-$36 and 100% buy rating

    Posted: 12 Sep 2021 04:29 PM PDT

    AGTC:

    Applied Genetic Technologies Corp. is a clinical stage biotechnology company, which engages in the development of gene therapy platform to develop transformational genetic therapies for patients suffering from rare and debilitating diseases. The company is headquartered in Alachua, Florida and currently employs 83 full-time employees. The company went IPO on 2014-03-27. The firm uses gene therapy platform to develop genetic therapies for patients suffering from rare and debilitating diseases. Its focus is in the field of ophthalmology where it has active clinical programs in X-linked retinitis pigmentosa (XLRP), achromatopsia (ACHM), and optogenetics. The firm has approximately one preclinical program in otology and three preclinical programs targeting central nervous system disorders (CN), including adrenoleukodystrophy (ALD), frontotemporal dementia (FTD) and amyotrophic lateral sclerosis (ALS). The firm's optogenetics program is being developed in collaboration with Bionic Sight, LLC and its otology program is being developed in collaboration with Otonomy, Inc. In addition to its product pipeline, the Company has also developed broad technological and manufacturing capabilities in synthetic promoter development and optimization.

    Bullish for following reasons

    1. Stock is categorized as Momentum stock- with enough volume, it will break $4 resistance

    a. 9/24 Earning calls event could be the much needed catalyst to keep the volume moving giving it needed momentum in upward moment next 1- 2 weeks.

    2. 100% buy rating from 9 analysts

    3. No negative news and firm is aggressively building partnerships and collaborations with industry leaders meanwhile also hiring/expanding their leadership team

    4. High PT of 36.75 and low PT of $8 with average of $16 (https://money.cnn.com/quote/forecast/forecast.html?symb=AGTC)

    5. SI is above 10% and with current market dynamics, this could help move stock up quick given it picks up volume soon.

    6. General market sentiment is bullish on the stock

    7. Options are pretty reasonable priced hence I will be taking long position via options

    P.S: I plan to have my position of 200 calls with realistic hope of it going to $8 in September

    submitted by /u/JellyfishComplete370
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    I'm new at this, will take any advise!

    Posted: 12 Sep 2021 04:11 PM PDT

    Hey guys, i'm kind of a noob at this and only have some stocks to start practicing, i've learnt something just from the months of practice i've had, but I've had no proffesional education about trading either stocks, forex, crypto or anything that can be traded. Actually I probably miss out a lot of "tradable" things because of my lack of knowledge. I'm very interested in this market and how it works though, and I wanted to ask for some basic recommendations or books that I could or should take and read for starting properly in this. Thank you very much!

    (I'll answer questions about my broker or my stocks If you are interested)

    submitted by /u/TuMadreEsCalva
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    Alphabet's future - Ads and beyond

    Posted: 12 Sep 2021 05:34 AM PDT

    Alphabet's future - Ads and beyond

    My analysis about the future of Alphabet's Ads business and its bets.

    ~~~~~~~~~~~~~~~

    There is a pretty high chance you are reading this post on the Chrome browser on your Android phone. In case you didn't know, GOOGL - Alphabet Inc owns both of those 2 products. In fact, Alphabet owns a lot of services and software that we all use everyday, with 8 Alphabet's products that have more than 1 billion users: Search, Google Drive, Google Maps, Youtube, Gmail, Chrome, Android and Google Play.

    For a internet company whose revenue is mainly based on online digital advertisements, a global pandemic where people are required to mostly stay at home and do pretty much everything online is somewhat of a blessing-in-disguise. Alphabet's Q2 of 2021 reflected this as the company reported incredibly strong growths in revenue and the number of users. There is a clear trend among advertisers to shift their advertising focus online where most customers are and Google is in a optimal position to benefit from this trend.

    However, some critics still see Alphabet as a maturing tech firm with little revenue diversification beyond search ads. This is true to some extent but Alphabet has also been investing heavily on other promising bets. Let's dive deeper into how Alphabet can further growth its ads revenue and how potential its bets are.

    Innovations and the shift in the ads industry allow Alphabet to continue expanding its ads business

    Alphabet reported extremely strong Q2 results, beating EPS by $7.99. Its revenue and net income grew by 61.6% and 166.2% YoY respectively. The stock price jumped 3% the day after the earnings call. These strong numbers are largely thanks to the incredible growth across all divisions its digital advertisements in Q2.

    Source: Alphabet

    Among them, Youtube ads is the one which experienced the largest growth. The number of people who watch Youtube regularly exploded due to the stay-at-home orders imposed by most countries around the world, forcing them to spend most of their time online. Furthermore, earlier this year Youtube launched Youtube Shorts whose purpose is to compete with Tiktok. Right now Youtube Shorts has more than 15 billion views daily and I expect it will play a crucial role in bringing more new creators and users to Youtube.

    Another promising source of ads revenue for Alphabet that is rarely talked about is Google Maps ads. Alphabet charges companies to advertise their business on Google Maps platform and to use the Google Maps API. With 1 billion-plus users, Google Maps is a utility-like service (similar to Search) and in our view, is one of the most under-monetized assets that Alphabet owns. Google Maps also acts as a gateway to other Alphabet businesses, such Google Hotels, Google Flights, restaurants and shopping. Morgan Stanley projected that Google Maps will generate $11 billion annually by 2023.

    With the Delta variant of Covid-19 is still raging across the U.S. and many other countries, more and more companies will continue to increase their budget for online digital advertisements to reach their customers. As the world largest digital ads provider with tremendous technological innovations, I believe Alphabet will continue its strong growth the upcoming years. Analysts forecast that revenue and earnings of Alphabet will grow 22.4% and 24.9% respectively on average each year over the next 3 years.

    Source: Analyst Estimates

    Alphabet's biggest bets: Google Cloud and Waymo

    The cloud computing market is an extremely profitable and fast-growing market which is expected to keep growing at 18% CAGR until 2025. Google Cloud is currently in the 3rd place with 10% of market share, behind AWS (32% market share) and Azure (20% market share). However, Google Cloud is catching up quickly with a massive revenue boost in Q2 of 2021

    Source: Alphabet

    In general, Google Cloud offers better pricing than its competitors. IAs more companies continue to use machine learning and big data to improve their operations, Google Cloud will definitely stand out thanks to its world-class product offerings (Big Query for fast querying of big datasets and Tensorflow for building large-scale machine learning models). Not only that, Alphabet also offers its in-house Tensor Processing Units chip, which delivers an order of magnitude better-optimized performance per watt for machine learning, to Google Cloud's customers. Alphabet's executives have repeatedly stated the company's focus and commitment to scale Google Cloud, which explains the incredible growth Google Cloud has been enjoying in recent years.

    Another notable bet of Alphabet is Waymo, its autonomous driving technology subsidiary. Started as Google's self-driving project, Waymo has grown into a $30-billion business according to the latest funding round. Regarded by most as the leader in the self-driving industry's technology, Waymo's technology has almost reached Level 4 autonomy, meaning no human driver is needed in Waymo's defined operational conditions. As a comparison, Tesla's autonomous driving system is not even at Level 3 yet.

    However, to advance the self-driving technology to Level 5, which means no human driver is needed in any condition, and to make the technology available to the mass is still a long way to go. Right now Waymo only offers its service in Arizona and has partnership deals with a handful of automobile companies such as Fiat Chrysler, Volvo and Nissan. Nonetheless, given the huge application of the self-driving technology and the fact that Waymo is the industry leader, I believe Waymo has potentials to become a Alphabet's mega subsidiary.

    submitted by /u/valueinvesting_io
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