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    Thursday, October 28, 2021

    Home Unlabelled Stock Market - Robinhood - A dip I will never buy ~ HOOD

    Stock Market - Robinhood - A dip I will never buy ~ HOOD

    October 28, 2021

    Stock Market - Robinhood - A dip I will never buy ~ HOOD

    Robinhood - A dip I will never buy ~ HOOD

    Posted: 28 Oct 2021 06:36 AM PDT

    Robinhood - A dip I will never buy ~ HOOD

    Yesterday shortly after Robinhood posted its third-quarter results the stock fell only 9%. Yes. I said only 9%. Robinhood's performance was so poor the analysts have real concerns over the company's outlook.

    revenue plunged to $365 million from 565$ a quarter ago, Adjusted EBITDA fell to -$84 million from $90 in Q2.

    ​

    https://preview.redd.it/j1eu9c1t17w71.png?width=859&format=png&auto=webp&s=253cf341f1bf442bde09ff7303e17469120a2bab

    While the basic metrics look bad, I decided to focus on some other interesting spots in the earnings report.

    Few reasons why:

    1. Robinhood is bleeding out users - The number of funded accounts declined from 22.5 million to 22.4 million - only 100,000 users leaving the service, But the real issue is the "Monthly Active Users" metric - this quarter this number reached 18.9 million versus 21. million users last quarter.
    2. Average Revenue Per User declined significantly - The metric ARPU helps investors to realize how much money the company earn from each registered customer. this number is decreasing consistently, from $137 per user in Q1 to $112 in Q2this quarter this number dropped dramatically - only $65 in revenue per user
    3. Robinhood's revenue stream relies heavily on dogecoin - cryptocurrency transactions made up 52% of Robinhood's total transaction-related revenue, and of the number 62% of its revenue came from Dogecoin transaction fees.

    ​

    https://preview.redd.it/6hccihiu17w71.png?width=839&format=png&auto=webp&s=8bc17b06d25acf32f0533d7ddfbf2df8c11384de

    https://preview.redd.it/03c7jvtv17w71.png?width=858&format=png&auto=webp&s=512d2daba8459cd35fb5c7b2cd6c7ea4108c971f

    https://preview.redd.it/ricv0klw17w71.png?width=863&format=png&auto=webp&s=fa1106c51e96e849448ee3ec66623017b23af863

    Few stocks I like better than Robinhood:

    A few days ago I wrote a post comparing SOFI vs LENDINGCLUB vs UPSTART

    SOFI for example operates an online platform that provides financial services. It offers a saving account, investing platform, student loan refinancing, private student loans, personal loans, auto loan refinance, home loans, mortgage loans, and investments, as well as insurance products for renters, homeowners, automobiles, and others.

    submitted by /u/dooovi
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    Another good day to buy some V

    Posted: 28 Oct 2021 04:06 PM PDT

    Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance

    Posted: 28 Oct 2021 05:38 PM PDT

    $PROG on WSB

    Posted: 28 Oct 2021 01:13 PM PDT

    Amazon reports less than expected Q3 earnings; down 4.5% on after hours

    Posted: 28 Oct 2021 01:45 PM PDT

    MVIS is tanking in after hours- rarely have I seen a stock go down 15% AH. What gives?

    Posted: 28 Oct 2021 02:40 PM PDT

    Ford Makes Dividend Comeback

    Posted: 28 Oct 2021 07:05 AM PDT

    Shares of the Ford Motor Company (NYSE: F) jumped 8.7% in after-hours trading on Wednesday after the car giant posted positive quarterly earnings results and brought back its dividend.

    Numbers: Ford achieved an adjusted earnings per share of 51 cents, which was nearly double what analysts projected. Automotive revenue reached $33 billion, which was slightly better than expected.

    Future: Ford also increased its full-year guidance to somewhere between $10.5 billion and $11.5 billion.

    Dividends Are Back: For the first time since the pandemic started, Ford is finally bringing back its regular quarterly dividend. The company declared a Q4 dividend of 10 cents per share.

    Headwinds: The big challenge for Ford is the semiconductor shortage, but the company noted that there was some improvement in this area from the previous quarter.

    Final Thoughts: It was a great quarter for Ford, and the return of the dividend is good for investors.

    Hope you enjoyed this commentary. Please subscribe to Early Bird, a free daily newsletter that helps you identify investment trends: https://earlybird.email/

    submitted by /u/MrComedy325
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    PROG������������

    Posted: 28 Oct 2021 12:56 PM PDT

    Rough day... but GOOGL and MSFT got you covered

    Posted: 27 Oct 2021 02:06 PM PDT

    Nvidia Corporation (Ticker: NVDA) - Brief Breakdown

    Posted: 28 Oct 2021 06:55 PM PDT

    For my full breakdown check the link here.

    ​

    Company Description
    Nvidia Corporation is a visual computing company that designs graphics processing units (GPUs) for gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive markets. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud-based gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, general purpose computing, and much more. NVIDIA sells their products directly to manufacturers and system builders and is one of the leaders in the chip manufacturing industry.

    Quantitative Analysis
    At the time of this writing (10/10/2021), NVDA is trading at $208.31 with a 52 week range of $115.66 - $230.43 and a market cap of $519.11B. In Q2 of their fiscal year 2022, NVDA's revenue was $6.51 billion, up 68% year over year. NVIDIA's gaming revenue grew 85% year over year to $3.06 billion. The data center revenue grew 35% year over year to $2.37 billion. Return of equity (ROE: Net Income / Total Equity *100) of NVDA is 39.25% and net margin (net income / revenue) is 32.33%. The price to earnings (price per share / earnings per share) ratio was 74.61 and the debt to equities ratio (total liabilities / total equity) is 0.83.

    Qualitative Analysis
    Nvidia is a global leader in the growing industry of computer chip manufacturers and supplies major companies such as Amazon, Facebook, and Google. The COVID pandemic brought a massive increase in demand for computer chips and supply simply could not keep up, leading to the ongoing chip shortage around the world. The impact of the chip shortage is particularly evident in the automotive industry, where new car manufacturing has fallen dramatically and prices of both new and used vehicles continue to hit all time highs month after month. Outside of traditional computing usages, Nvidia has a unique opportunity to integrate into the emerging cryptocurrency industry. In order to mine Bitcoin and other cryptocurrencies, computers and mining processors need chips similar to what Nvidia creates. There are countless other uses for chips and potentially other uses of chips that have yet to be discovered. With the increasing need and the backing of a large investment from Nancy Pelosi, there's positive momentum behind one of the global leaders in chip manufacturing.

    Bullish Thesis
    1. Backing of Nancy Pelosi Investment: Nancy Pelosi's investment activity has gained a lot of traction and attention, a Twitter account has even been created that now has over 114k followers to track her investments. As mentioned above, Pelosi has a significant investment of $6.5 million in Nvidia. As outlined in the article, Pelosi has had extreme success and retail traders who have shadowed Pelosi have also seen incredible returns. Although this isn't a bullish point based on the fundamentals of the company, you cannot ignore the success of Pelosi's investments.

    1. Increasing Demand: There are more and more products in need of chips. With increasing artificial intelligence in vehicles and chips being placed in everyday products, the need for Nvidia's products will continue to increase.

    2. Major Suppliers: Nvidia supplies chips to major companies such as Amazon, NIO the automated car manufacturer, Facebook, Google, and Tesla currently use Nvidia's graphics chips. With major companies using their chips, it provides a safety net for sales of Nvidia's products.

    Bearish Thesis
    1. Competition: There are a number of other major chip manufacturing companies that offer NVDA stiff competition. Although Nvidia holds a strong position in chip market share, investors should keep a close eye on several other chip manufacturers. Competitors include: Advanced Micro Devices (AMD), Intel (INTC), Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), and Qualcomm Inc (QCOM).

    1. Short-term supply chain issues for semiconductors: The demand for semiconductor chips skyrocketed during the pandemic, leaving many manufacturers unable to keep up. This has been particularly evident in the automotive market, where the chip shortage is estimated to cost auto makers ~210B dollars. Worse still, some have estimated that the chip shortage could continue into 2022 and even 2023. It's apparent that chip manufacturing companies have had a hard time scaling production, likely due to a number of supply-chain and other COVID-related issues. With demand likely to remain steady, NVDA will be pressured to scale up production and increase supply - time will tell how successful they are in doing so.

    2. Automakers designing their own chips: The chip shortage has caused new car production - and thus supply and sales - to plummet over the last year. Because of the low supply, both new and used car prices have skyrocketed to record highs. Rather than simply wait for chip manufacturing companies to catch up, some automakers have started to consider designing and manufacturing chips internally. For example, Tesla has already begun making their own chips and one of GM's China joint ventures announced in September that they would begin designing their own chips. If chip manufacturing companies are unable to meet demand, expect more large companies with R&D funds to follow Tesla and GM.

    submitted by /u/Fit_Rooster2702
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    Zuckerberg lies. Meta shares spike — but it’s a Canadian materials company, not the rebranded Facebook

    Posted: 28 Oct 2021 06:50 PM PDT

    The day is coming ...

    Posted: 28 Oct 2021 08:34 AM PDT

    Steel is on Fire: And $TMST is Trading Nearly at Book Value with Solid Financials

    Posted: 28 Oct 2021 07:47 PM PDT

    MHUB (massive potential)

    Posted: 28 Oct 2021 10:21 AM PDT

    First Mover Advantage: MineHub is the first company to commercialize an end-to-end digital supply chain solution for the mining and metals industry. The Company has completed a number of successful projects, including the first ever blockchain-based iron ore trade (see press release dated June 29, 2020 at www.minehub.com).

    Industry Partners: MineHub has been working with some of the largest sector participants in the world, including Wheaton Precious Metals, ING Bank, BHP, Vale, Kimura Capital, China Baowu and IBM to develop the commercial version of its platform, which was launched earlier this year and is onboarding both large corporate and SME users across the globe.

    Development Growth Streams: New applications will be available over the coming months to assist the industry with carbon emissions tracking, trade finance and product quality reconciliation (concentrate assay exchanges).

    Expertise: MineHub management, board and advisory board possess decades of resource market and technology industry experience, including founding roles for multiple commodity-based blockchain companies

    Globally Established: MineHub is already present in key locations, with established teams in strategic markets such as Japan, Singapore and China, where more than 50% of metal commodity flows end up or are processed.

    Arnoud Star Busmann, CEO at MineHub, said: "We are very pleased to have completed our over-subscribed $10 million financing and listing on the TSX-V, especially at a time when industries are really starting to understand the transformational power of shared digital infrastructure and transparency in high value supply chains. Transparent governance is a fundamental requirement for adoption of decentralised platforms like MineHub." Vince Sorace, Co-Founder and Chairman at MineHub, said: "Our TSX-V listing represents an important milestone for MineHub. With a strong balance sheet, industry experts, and ample opportunities for growth, we have a solid foundation to execute our strategy to further build and grow MineHub into the preeminent enterprise platform for commodity supply chains. This industry is ripe for technological advancements and we have proven change is possible with a powerful suite of tools to aid in this digital transformation, from real time data to trade finance and ESG attributes such as carbon emissions tracking."

    MineHub becomes the first publicly-traded pure play on an end-to-end digital supply chain solution for the mining and metals industry. MineHub is an open, enterprise-grade platform for digital trade, bringing transparency, resilience and responsibility to mining and metals supply chains. The platform connects the many parties involved in physical commodity transactions in a digitally integrated workflow, operating on the basis of shared information secured by a global enterprise blockchain network. This is much more efficient, secure and transparent than the current paper-based and manual processes that are causing major cost and compliance drags in these supply chains.

    Mkt cap 51M 41.1m Float

    submitted by /u/Judgmentally8
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    20,000 shares if PROG�� 131% BORROW RATE waiting for a squeeze. And yes I hate bears.

    Posted: 28 Oct 2021 02:36 PM PDT

    Am i missing something? $RDBX

    Posted: 28 Oct 2021 03:55 PM PDT

    Am i missing something? $RDBX

    I believe that Redbox is undervalued at current prices. This recently got IPOd on monday. Retails piled on due to the low float from the merger and quickly left.

    https://seaportglobalacquisition.com/ Here is a great source of information

    ​

    Main reason of declining revenue during COVID years is due to few new movies have released. This is expected to recover as movie theaters opens and new movies releases.

    Redbox is a profitable on legacy rental business alone, with almost 40 mil customers. But whats mostly interesting is their digital platform, backed by lionsgate. https://deadline.com/2021/10/redbox-lionsgate-set-multi-year-distribution-deal-1234855796/ They offer free TV and on demand movies supported by ads or subscriptions. To reach their estimated TAM on digital they only need 0.37% market share 2022 and less than 1% for 2023. Assuming legacy performing as expected.

    With 2 decades of customer data they have insight in what to offer its customer. Are planning to release 36 movies a year.

    For reference 2020 Fubu had 200m revenue 500m losses trading at 4B market cap

    2020 Redbox 546m revenue 114M profits. trading at a market cap ~650M at current market price pro forma. including warrants its 886m. 14.2$ share price.

    ​

    45.6m outstanding shares, 2m float

    https://www.thestreet.com/investing/redbox-to-begin-trading-after-completing-spac-merger

    B.Riley securities gave redbox 35$ Price target after IPO

    https://www.benzinga.com/news/21/10/23626225/b-riley-securities-initiates-coverage-on-redbox-entertainment-inc-class-a-common-stock-with-buy-rati

    Recently added to playstation

    https://www.businesswire.com/news/home/20211007005358/en/Redbox-Expands-Distribution-Footprint-of-Its-Streaming-App-to-the-PlayStation-5-Console

    Current promotional with Roku

    https://www.businesswire.com/news/home/20210927005258/en/Redbox-Signs-Promotional-Agreement-with-Roku-to-Further-Attract-Multi-Platform-Users

    Deal with Palomino Media Group announced this week 27th.

    https://finance.yahoo.com/news/redbox-signs-team-whistle-palomino-130000155.html

    In my eyes its undervalued at the moment. What do ya'll think?

    submitted by /u/xXhizorSs
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    PsychoMarket Recap - Thursday, October 28, 2021

    Posted: 28 Oct 2021 01:00 PM PDT

    Stocks continued their remarkable rally, with all three major indexes rising and the tech-heavy Nasdaq (QQQ) reaching a fresh intraday high amid continued strength by mega-cap tech stocks during earnings. This is despite new economic data that showed US GDP slowdown to its slowest expansion rate in over a year and new weekly unemployment claims. The Russell 2000 (IWM), which tracks the performance of small-caps, outperformed the major indexes on the day. Looking ahead, market participants continue to digest the ongoing corporate earning season.

    The GDP report showed the economy decelerated to expand at the slowest rate in over one year for the July through September quarter, with the Delta variant and supply-side constraints capping economic activity. GDP rose at a 2.0% annualized rate, missing estimates for the 2.6% pace consensus economists anticipated. However, despite this report and other recent tepid economic data, market participants have remained remarkably resilient and kept buying up any dips.

    Earlier in the week, the Conference Board, a non-profit business research organization, released their October monthly consumer confidence index, which showed confidence rising as coronavirus cases in the US continued to retreat from the latest spike. Cases in the US retreated from a high in the previous spike of 285,058 to 105,561 in between September 13 and October 25. The Conference Board's consumer confidence index rose to 113.8 in October from 109.8 in September. This came in higher than the 108.0 consensus economists were looking for, according to Bloomberg data. It also marked the first monthly increase in confidence since June.

    The latest batch of earnings results helped affirm to Wall Street that many companies will be able to work through rising price pressures to continue delivering estimates-topping sales and profits. Though the expectation is that inflationary pressures and supply chain disruptions could last for longer than previously anticipated, the impacts will be surmountable to most companies.

    Lori Calvasina, Chief Equity Strategist at RBC Capital Markets, said "What we've got from these supply chain issues is a near-term earnings problem. I think it's something we do have to monitor in the first half of the year. Earnings growth is only tracking at 4% or 6% in the first two quarters of next year. So companies do have to keep managing through for the market to continue to move up. But the reality is that the underlying economic backdrop simply is not stagnant. I really just don't buy into that stagflation argument at all."

    HIGHLIGHTS

    • Teradyne (TER) upgraded UBS Group, Craig Hallum and Cowen to Buy and Outperform
    • Boot Barn (BOOT) had price target raised by multiple analysts on the back of earnings call
    • Chubb (CB) has price target raised by Raymond James, Barclays, & Royal Bank of Canada to over $220
    • Ebay (EBAY) with multiple analyst target price raises
    • Hilton Worldwide (HLT) with multiple analyst price target raises
    • McDonalds (MCD) with multiple price target raises
    • Service Now (NOW) destroyed earnings and received host of price target raises.
    • Spotify (SPOT) with multiple price target raises after earnings
    • Xiliinx (XLNX) with multiple aggressive price target raises

    'The future belongs to those who believe in the beauty of their dreams' Eleanor Roosevelt

    submitted by /u/psychotrader00
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    Facebook rebrands as Meta in major rebranding

    Posted: 28 Oct 2021 01:09 PM PDT

    SP500 Winners and Losers | 10/28/2021

    Posted: 28 Oct 2021 04:29 PM PDT

    Winners

    Winner of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | A O Smith Corp | AOS | 10.50%
    2. Health Care | Merck & Co., Inc. | MRK | 6.14%
    3. Information Technology | Teradyne, Inc. | TER | 11.33%
    4. Communication Services | CBS Corporation Common Stock | VIAC | 3.29%
    5. Consumer Discretionary | Ford Motor Company | F | 8.63%
    6. Utilities | NextEra Energy Inc | NEE | 1.66%
    7. Financials | T Rowe Price Group Inc | TROW | 5.66%
    8. Materials | Albemarle Corporation | ALB | 6.24%
    9. Real Estate | Extra Space Storage, Inc. | EXR | 5.32%
    10. Consumer Staples | Hormel Foods Corp | HRL | 1.47%
    11. Energy | Schlumberger NV | SLB | 2.34%

    Losers

    Loser of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | Northrop Grumman Corporation | NOC | -7.60%
    2. Health Care | Teleflex Incorporated | TFX | -5.16%
    3. Information Technology | FleetCor Technologies, Inc. | FLT | -3.99%
    4. Communication Services | Match Group Inc | MTCH | -1.51%
    5. Consumer Discretionary | eBay Inc | EBAY | -6.76%
    6. Utilities | Pinnacle West Capital Corporation | PNW | -1.35%
    7. Financials | Everest Re Group Ltd | RE | -4.56%
    8. Materials | Newmont Corporation | NEM | -4.55%
    9. Real Estate | Boston Properties, Inc. | BXP | -0.99%
    10. Consumer Staples | Altria Group Inc | MO | -6.15%
    11. Energy | Hess Corp. | HES | -1.26%
    submitted by /u/Engineer_Economist
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    Anyone watching VQS? It’s a transcription company that could gain some traction in a globally connected economy

    Posted: 28 Oct 2021 01:21 PM PDT

    A question about stock settlements and selling

    Posted: 28 Oct 2021 01:18 PM PDT

    On CNBC today, a hedge fund manager touted a particular stock. About two minutes into the interview the stock began to rise and by the time the interview ended, I think it was up over 30% (it ended the day up over 35%). I'm assuming that the traders who jumped in and bought the stock will want to sell it as fast as possible to lock in a quick profit. Do these traders have to wait two business days ("T+2") before selling the stock just like the average investor or do they have some other means to lock in their profits quickly? For example, do they typically short the stock the next day ("T+1") and then close the short and sell the stock itself on T+2? Sorry if this is a stupid question. I'm just trying to learn. Thanks.

    submitted by /u/robertlf
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    McDonald's Partners With IBM To Automate Drive-Thru Lanes - extended hours still open!

    Posted: 27 Oct 2021 04:43 PM PDT

    (10/28) Thursday's Pre-Market Stock Movers & News

    Posted: 28 Oct 2021 05:11 AM PDT

    Good morning traders and investors of the r/StockMarket sub! Welcome to Thursday! Here are your pre-market stock movers & news on this Thursday, October 28th, 2021-

    Stock futures push higher on strong earnings and ahead of big economic news

    Stock futures edged higher in premarket trading Thursday, a day after after the S&P 500 and the Dow Jones Industrial Average slipped from their record highs and as Wall Street looked to more earnings news and an important read on economic growth.

    Dow futures rose 84 points. S&P 500 futures and Nasdaq 100 futures both traded in solidly positive territory.

    Ford saw its shares jump more than 9% on blockbuster earnings while also raising guidance. The automaker said increased availability of semiconductors during the quarter allowed it to ramp up production.

    Shares of Twilio fell around 13% in after-hours trade, despite a beat on both earnings and revenue for the third quarter, after the cloud communications platform projected a fourth-quarter loss. Ebay also fell by about 5% on weak fourth-quarter revenue guidance.

    Pharmaceutical giant and Dow component Merck saw its shares rise nearly 1% premarket after the company posted an earnings beat on the top and bottom lines. Fellow bluechip index company Caterpillar topped profit estimates but fell just shy on revenue, sending its shares up nearly 2%.

    The market will be getting more big earnings news, with tech giants Amazon and Apple reporting after the closing bell. NBC Universal and CNBC.com parent Comcast posted a solid earnings beat before the bell, sending shares up 3.4%.

    Investors awaited the first estimate for third-quarter annualized gross domestic product growth from the Commerce Department. Economists polled by Dow Jones expected an increase of just 2.8% as products remained stranded at normally bustling ports, employers struggled to find workers and consumers battled with inflation.

    On Wednesday, the S&P 500 slipped 0.5% for its first down day in three as the rally on a strong earnings season started to ease. The blue-chip Dow dipped more than 250 points, falling for the first time in four days.

    Major averages have been marching higher on earnings momentum this month. The S&P 500 has gained 5.6% in October, on pace to post its best month since November 2020. The Dow is up 4.9% this month, while the tech-heavy Nasdaq Composite has rallied 5.5%.

    Nearly 40% of S&P 500 companies have reported earnings and more than 80% of them beat Wall Street expectations, according to CNBC calculations. S&P 500 companies are expected to grow profit by about 37.6% in the third quarter.

    "Earnings have helped and a reminder that US reporting so far has been better than the long-term average in terms of beats," Jim Reid, head of thematic research at Deutsche Bank, said in a note. "It has still been healthier relative to some of the stagflationary gloom stories seen through September and early October which has perhaps helped the relief rally."

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($AAPL $AMZN $FB $AMD $MSFT $GOOGL $UPS $BA $SHOP $F $GM $GE $XOM $V $OTIS $TZOO $TWTR $KO $MA $MMM $X $LMT $CAT $ABBV $MCD $KMB $JBLU $BMY $SBUX $TDOC $SPOT $LII $RTX $ENPH $CVX $HOOD $MRK $WM $QSR $HAS $MO $PKG $TXN $LLY $TWLO)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($SHOP $MA $CAT $NOK $MRK $OSTK $MO $DQ $BUD $YUM $CMCSA $SIRI $AMT $RDS.A $NEM $CHKP $RS $FLWS $SWK $HSY $BTU $TAP $TPX $STM $MDC $TREE $AVNT $TROW $ADS $NOC $CNX $CARR $IMAX $SNY $LH $OSK $SAH $CBRE $AEP $AGCO $SNDR)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!)
    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #3!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)
    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #3!)

    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #5!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #5!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

    • DOGE.X
    • IRNT
    • F
    • NOK
    • SHOP
    • FUTU
    • CAT
    • TIGR
    • TDOC

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Comcast (CMCSA) – The parent of NBCUniversal and CNBC reported adjusted quarterly earnings of 87 cents per share, 12 cents above estimates. Revenue also beat forecasts as cable and broadband revenue grew, and the stock jumped 3% in the premarket.

    STOCK SYMBOL: CMCSA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Caterpillar (CAT) – Caterpillar shares rose 2.5% in the premarket after the heavy equipment maker beat bottom-line estimates for the third quarter despite a slight revenue shortfall. Adjusted earnings came to $2.66 per share compared with a consensus estimate of $2.20, amid elevated demand in the construction industry.

    STOCK SYMBOL: CAT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Merck (MRK) – The drugmaker beat estimates by 20 cents with adjusted quarterly earnings of $1.75 per share, with revenue also topping estimates on stronger sales of vaccines and cancer drugs. Merck rose 2.2% in premarket trading.

    STOCK SYMBOL: MRK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Tempur Sealy (TPX) – Shares of the mattress company added 2.5% in the premarket after it reported an adjusted quarterly profit of 88 cents per share, 3 cents above estimates. Revenue was also above analyst forecasts, with a particularly strong sales increase in international markets.

    STOCK SYMBOL: TPX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Ford (F) – Ford surged 9.5% in premarket trading, after it earned an adjusted 51 cents per share for the third quarter, well above the 27-cent consensus estimate. Ford also increased its full-year guidance amid strong demand, despite inventory being crimped by the worldwide chip shortage. The automaker said supply chain constraints should slowly ease this quarter and throughout 2022.

    STOCK SYMBOL: F

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    eBay (EBAY) – eBay beat estimates by 1 cent with an adjusted quarterly profit of 90 cents per share, and the online marketplace operator's revenue also topped forecasts. However, the stock slid 5.1% in premarket action as eBay issued weaker than expected current quarter guidance.

    STOCK SYMBOL: EBAY

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    ServiceNow (NOW) – ServiceNow came in 17 cents ahead of estimates with adjusted quarterly earnings of $1.55 per share and revenue beating analyst projects as well. The provider of human resources services gave guidance that was merely in line with forecasts, contributing to a 2.5% premarket decline in the share price.

    STOCK SYMBOL: NOW

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    WPP Group (WPP) – WPP easily beat forecasts with its third-quarter results, and the advertising agency operator also raised its sales guidance as companies seek to take advantage of strong consumer spending with new ad campaigns. WPP rallied 7.4% in the premarket.

    STOCK SYMBOL: WPP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Anheuser-Busch InBev (BUD) – The company reported a surprise increase in quarterly profit, and the beer brewer also raised its 2021 earnings forecast. AB InBev is getting a boost from stronger beer sales, particularly in Brazil, and its shares soared 10.2% in the premarket.

    STOCK SYMBOL: BUD

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Align Technology (ALGN) – Align surged 8.4% in premarket trading after it beat estimates by 27 cents with adjusted quarterly earnings of $2.87 per share. The maker of the Invisalign invisible dental brace system also reported better-than-expected revenue.

    STOCK SYMBOL: ALGN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Sleep Number (SNBR) – Sleep Number earned $2.22 per share for its latest quarter, well above the $1.44 consensus estimate, with revenue easily beating forecasts. The mattress maker also issued a slightly better than expected full-year earnings outlook, and its shares surged 7.8% in the premarket.

    STOCK SYMBOL: SNBR

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.

    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?

    I hope you all have an excellent trading day ahead today on this Thursday, October 28th, 2021! :)

    submitted by /u/bigbear0083
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    When you make the perfect shot ... with blanks

    Posted: 28 Oct 2021 11:31 AM PDT

    Let's talk about $CRTX (I think it's oversold)

    Posted: 28 Oct 2021 09:56 AM PDT

    So CRTX tanked yesterday to this morning all the way to -80%. Since its IPO this company has pretty much been running at a minimum of $25. It's currently at around $14.

    The company tanked after a failed clinical trial https://www.marketwatch.com/story/cortexymes-stock-tumbles-on-failed-clinical-trial-for-alzheimers-drug-2021-10-27

    So it's almost definitely not worth the $100 it was trading at earlier this year on promising results and hype. But it's looking pretty oversold with strong resistance at this current price. I put in ~$1200 to take advantage of this. Obviously it may stagnate here for a bit but I have a feeling someone else is going to take advantage of this opportunity and cause it to gap up at least 50% sometimes soon.

    submitted by /u/WilliamSaintAndre
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