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    Stock Market - 67% of Americans believe lawmakers should not own stocks

    November 06, 2021

    Stock Market - 67% of Americans believe lawmakers should not own stocks

    67% of Americans believe lawmakers should not own stocks

    Posted: 06 Nov 2021 04:15 PM PDT

    There are good reason for that "44 members of Congress have violated a law designed to stop insider trading and prevent conflicts-of-interest"

    Insider and several other news organizations have this year identified 44 members of Congress who've failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.

    The penalty was usually small — $200 is the standard amount — or waived by House or Senate ethics officials.

    This is very high contrast to those who are exposed otherwise. Just a couple of examples down below:

    CNBC: "Senior management, newsroom staff, on-air talent and their spouses and dependents are prohibited from owning individual stocks and bonds and have until January 2005 to liquidate their holdings. Other CNBC employees will be subject to a no-trading policy."

    Air Traffic Controllers: Can't own stock in any airline or aerospace company. While they can no affect on any of these companies or any sort of insider knowledge - they are not allowed.

    ​

    What's your view?

    submitted by /u/Delicious_Reporter21
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    How is Tesla worth more than Facebook

    Posted: 06 Nov 2021 11:06 AM PDT

    How are people still bullish on Tesla? Last year they did 31B in revenue and < 1B in earnings. Facebook (Meta) did 86B in revenue and 29B in earnings. Facebooks profits were almost more than Tesla's total revenue. FB profit margins are far better than TSLA, they have much more cash on hand and a far better balance sheet when looking at total assets over liabilities. If you're still buying shares of Tesla or holding please explain why because I just don't understand it. I do think Tesla will be a great company over the next 10 years but I feel all their growth potential is already factored into the stock price and that's best case scenario. And for that reason I think FB stock will far outperform TSLA over the next 10 years. The only justification I can see for TSLA being worth more than FB is… bubble.

    submitted by /u/scooption
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    Is Elon really going to sell lots of TESLA stock, could it be really true?

    Posted: 06 Nov 2021 07:23 PM PDT

    Most Anticipated Earnings Releases for the trading week beginning November 8th, 2021

    Posted: 06 Nov 2021 05:35 AM PDT

    OIL MAKING A COMEBACK

    Posted: 06 Nov 2021 11:38 AM PDT

    Musk asks Twitter followers whether he should sell 10% of his Tesla stock

    Posted: 06 Nov 2021 02:45 PM PDT

    Why you really shouldn't care about market sentiment

    Posted: 06 Nov 2021 01:46 AM PDT

    Earnings next week

    Posted: 06 Nov 2021 08:36 AM PDT

    Thoughts? I am new to this also I still have 576 dollars what else should I buy

    Posted: 06 Nov 2021 04:15 AM PDT

    The continuous semiconductor shortage

    Posted: 06 Nov 2021 04:45 PM PDT

    Dr. Lisa Su, CEO of AMD, said back in September that the situation would improve over the coming year, 2022.
    The CEO of Marvell Technology, Matt Murphy, however, believes the shortage could "extend into 2022 and potentially beyond that".

    I myself am invested in AMD but am currently looking for a semiconductor manufacturer to put some dough in, as well.
    Personally, I believe both Su and Murphy are right, 2022 will certainly ease it up with new factories being built, but we probably won't see any real improvement until 2023, maybe 2024.

    How are your plays looking for the coming years?

    submitted by /u/Conservativeprick
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    I just made my 1st purchase with stock and crypto gains! Brand new laptop! What are some must have websites and aps to bookmark or download. From my phone I was using Etrade, Robinhood, Crypto.com and Coinbase Pro.

    Posted: 06 Nov 2021 06:57 PM PDT

    I Too Like To Live Dangerously

    Posted: 06 Nov 2021 06:17 PM PDT

    Two Potential Swing Trades for Next Week

    Posted: 06 Nov 2021 12:07 PM PDT

    Two Potential Swing Trades for Next Week

    SBUX and PFE both have similar patterns - a negative reaction to earnings dropping them below major SMA's on their daily charts, and then significant gaps up on Friday, with heavy volume.

    So what do we do with each? Before doing anything note what the market is doing. If Monday morning opens with a big gap down for SPY, you need to hold off on bullish trades until you see the market find support on the day.

    Ok - let's first look at the respective charts:

    SBUX:

    ​

    https://preview.redd.it/eu8j91b3x0y71.png?width=1321&format=png&auto=webp&s=834e1fc1d504ec069a6a7e901f560bd15f574bac

    Here you have the rare case of a stock that broke horizontal resistance (on the gap up), and the proceeded to go through the SMA 50 and SMA 100, as well as the downward sloping trendline (aka Algo line), finishing near the high of the day. After bottoming out on 10/29, SBUX has been rebounding with an extremely bullish pattern.

    In this case, I would suggest an Out-of-the-Money Bullish Put Spread (otherwise known as a Put Credit Spread). Specifically, I would sell the 11/26 $113 Puts and Buy the 11/26 $112 Puts for an overall credit of .20 cents. This gives you an ROI of 25% on the trade. If you can't get this credit on 11/26, go to the 12/3 expiration, but do not go farther out than that. If you don't get .20 credit, don't do the trade.

    In order for SBUX to fall below the short strike ($113), it would need to breach the SMA 100, SMA 50, downward trendline, and start to fill the gap. That would take a major technical breakdown in either the market or the stock (or both). If this was just a single day surge I would suggest waiting to see if there is continuation, but Friday's increase was part of a larger overall upward trajectory for the stock.

    If however the stock begins to drop below the short strike ($113) you could buy back those Puts and let the long Puts ($112) ride. For example, on 11/19 SBUX is at $113 - those puts would most likely be worth around $3 and the $112 puts would be worth roughly $2.50 You buy back the $113 for $3, and wait until the $112 strike Puts are worth $3 themselves and then sell them. This would get you full credit for the trade. However, only do this if the stock is relatively weak and the market is bearish.

    PFE

    ​

    https://preview.redd.it/t4tklgv4x0y71.png?width=1293&format=png&auto=webp&s=5f9b2fae29434c9d2cf5ab7c4b4836f34e8d8690

    Here is a slightly different pattern - PFE had a weak reaction to earnings but the SMA 100 seemed to be holding. Despite the negative earnings reaction PFE maintained its Relative Strength to SPY (i.e. the 10SI indicator is above 0). The positive news on Friday about the new COVID pill pushed PFE above the SMA 50, leading to a nice gap up. During the day PFE not only held the gap, but continued to move higher, ending the day with a strong bullish hammer.

    Could you do a Bullish Put Spread here? You could, yes. You wouldn't have that many layers of support above your short strike though. The 46/45 BPS expiring on 12/3 for .20 would probably be your best bet if you wanted to go in that direction. This at least gives you the support created by the gap up to lean on - but that's it.

    However, why limit yourself? This chart is in many ways more bullish than SBUX's. The volume is higher than at any point since November 2020. You are coming off a bullish hammer without many bag-holders above you (nobody was selling on Friday), so there is clear skies ahead.

    Thus, for this stock I would sell the $53 calls expiring 11/12 for roughly .55 cents, and then buy the $55 calls expiring 12/10 for .50 cents, giving you an overall credit of .05 for the trade. What you are looking for here is that PFE tries to challenge the all-time high this week ($51.86) but falls short of $53, thus giving you full credit for your short calls - however, your long $55 calls will have continued to increase in value. You could then sell this entire spread next Friday (I would aim for $1.50 to $2 credit), or just let the $53 calls expire worthless (i.e. giving you full credit) and then riding the $55 calls.

    So there you have two different stocks, both with similar gaps up on Friday, but two very different plays. One conservative, one aggressive. Hopefully, both will be profitable.

    Best, H.S.

    submitted by /u/HSeldon2020
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    Someone figured it out. In-game currency in Chinese MMORPG is being used to exchange for #Tether in #China. To move money out, sell #Tether for #Bitcoin which is sold to Western bagholders. Finally, the money flows to real estate property in the West.

    Posted: 06 Nov 2021 11:11 AM PDT

    House Passes 1.2T Infrastructure Bill - Budget breakdown provided News

    Posted: 05 Nov 2021 09:44 PM PDT

    Just Some of the Key Points related to the macroeconomic impact of the bill. Cheer!

    The House passed a roughly $1 trillion public works bill, sending to President Biden's desk a generational investment in roads, bridges and rail that had languished for several months as Democrats feuded over the terms of its approval.

    Negotiated and approved by a bipartisan group of senators this summer, the bill reauthorizes existing federal infrastructure programs for five years and pours an additional $550 billion into water projects, expanding access to broadband internet and overhauling the electrical grid, among many other measures.

    The public works legislation puts $65 billion toward improving the electrical grid and energy production, $50 billion toward making infrastructure more resilient to cyberattacks and natural disasters and roughly $7.5 billion toward building additional charging stations for electric vehicles.

    While they have applauded those measures, progressives have said they are insufficient without the tax subsidies and other measures in the social-spending bill as they pushed for a simultaneous vote on the broader bill.

    CBO found this summer that the infrastructure bill -- financed by repurposing existing government funds, among other measures -- would contribute $256 billion to the deficit over a decade.

    Once it passes the House, though, the social-spending bill would face changes in the Senate , where Democrats control a bare 50-50 majority. Republicans are expected to unanimously oppose it in both chambers.

    The House's plan to raise the $10,000 cap on the state and local tax deduction to $80,000 for nine years also faces possible revisions in the Senate because of opposition from some lawmakers.

    After the Senate finishes its work on the bill, a process that could take weeks, it would come back to the House for another vote, meaning Democrats could still be working on the legislation until the end of the year.

    submitted by /u/OfficerTruth
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    INTC v NVDA

    Posted: 06 Nov 2021 01:04 PM PDT

    Started investigating INTC and some competitors to form a strategy and in doing so found some conflicting info.

    Looked at some long term stock forecasts from CNN Money on both companies here:

    INTC Forecast

    NVDA Forecast

    Given the current climate surrounding semiconductors I figured NVDA would be a good play mid to long term; however, it seems that analysts expect the stock price to reduce to roughly 235.0 over the next 12 months.

    On the other hand, the opposite is expected for INTC with the price hitting somewhere in the range of 55.0 to 80.0.

    I fully expected NVDA to rise in value and same with INTC for that matter. Is INTC undervalued and NVDA overvalued? Also, is any of CNN Money's analysis valuable?

    submitted by /u/Inner_Perspective320
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    Stock Market going much higher, according to Small Caps $IWM $SPY $SPX Small Caps $IWM Breakout Signals Bull Market for S&P 500

    Posted: 06 Nov 2021 03:50 PM PDT

    Predicting the Stock Market's next move:

    • Russell 2000 $IWM (small-caps) breaks out after a 9-month sideways range.

    • It appears that the most popular small-cap index (Russell 2000) is leading the broader market higher. If it is, in fact, giving us an early signal of what's to come, the S&P500 and much of the stock market is about to follow.

    Signals more new highs coming

    Previous Resistance (upper blue line) now provides strong Support level

    Looking good for the S&P500 $SPY $SPX

    Going up!

    Russel 2000 Breakout chart.

    submitted by /u/waxingeloquence
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    Most Anticipated Earnings Releases for the week beginning November 8th, 2021 - it's a big one again!

    Posted: 06 Nov 2021 03:32 AM PDT

    Most Anticipated Earnings Releases for the week beginning November 8th, 2021 - it's a big one again!

    Hey guys, upcoming earnings! It's a massive one (AMC, Palantir, Wendys, Disney, Fiverr, Energizer and mooore).

    Which ones are you waiting for most? Where do you place your bets?

    https://preview.redd.it/v5tmo8yddyx71.png?width=1772&format=png&auto=webp&s=edf22ab4250017813734c9fc7f9a4164605fbfca

    MON
    Before MO: $TTD $COTY $NSSC $VTRS $TSEM $PSEC $USFD $EHTH $KOS $GTES $NERV $RDNT $MTNB $LINC $EDIT $CECE
    After MO: $AMC $PYPL $RBLX $CLOV $SPCE $DDD $SDC $LMND $TME $ZNGA $NVTA $MTRX $UEPS $REAL $TRIP $LOTZ $JKHY $RCEL

    TUE
    Before MO: $PLTR $WKHS $BNTX $UWMC $DHI $HUYA $PRPL $MSGE $SYY $OCGN $VFF $BHVN
    After MO: $NIO $FUBO $COIN $UPST $ACB $DASH $U $WYNN $ELY $FLGT $INO $VRM

    WED
    Before MO: $AFMD $WEN $FVRR $MCFT $BIOX $PFGC $ENR $EYE $KRNT $MNDY $APPH $WISA
    After MO: $DIS $WISH $SOFI $AFRM $BYND $OPEN $TTCF $GEVO $ROOT $LX $RRGB $MBII

    THU
    Before MO: $GRWG $PSFE $MT $WIX $YETI $TPR $MYTE $SANW $WB $TXMD $BAM $LIQT $UTZ
    After MO: $SNDL $BLNK $RIDE $CPNG $KRUS $ARRY $LTRX $XAIR $GAN $SFT $WATT

    FRI Before MO: $AZN $TH $SPB $SOHO $VERO $SDPI $VIVO $CASI $NYC $MOTS $EFOI

    submitted by /u/08u3a1o
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    Mother fuckin McDonald's

    Posted: 06 Nov 2021 05:52 PM PDT

    Stockstack 0.5.0 - Financial data aggregation made easy

    Posted: 06 Nov 2021 05:43 PM PDT

    My total investment portfolio(Roth IRA) what do you guys think! 3 are mutual funds and 2 are etfs

    Posted: 06 Nov 2021 04:24 PM PDT
    Read more
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