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    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Nov 26, 2021

    November 26, 2021

    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Nov 26, 2021

    r/Stocks Daily Discussion & Fundamentals Friday Nov 26, 2021

    Posted: 26 Nov 2021 02:30 AM PST

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.

    Some helpful day to day links, including news:

    Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.

    See the following word cloud and click through for the wiki:

    Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earnings

    If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Useful links:

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    Be greedy when others are fearful. Be fearful when others are greedy.

    Posted: 26 Nov 2021 04:07 AM PST

    Looks like all of the markets are going to take a shit on the news of the new Covid variant. Funny thing about the news on that, it is simply the new strain is heavily mutated and we don't know if that's bad. We should see this as an opportunity to buy more stocks at a discount. This happened earlier in the year and most stocks have recovered since then. Just like the Warren Buffett quote in the title. Sure everyone's portfolio is red at the moment. Some people see the red and panic, I see a green opportunity on the horizon. Someone else once said, "scared money don't make money".

    submitted by /u/GreenPaperHands
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    Tesla decides against state aid for German battery plant as Musk opposes subsidies

    Posted: 26 Nov 2021 01:38 PM PST

    • Tesla withdraws application for state funding
    • All subsidies should be eliminated, Musk tweets
    • Car plant construction progressing well - economy ministry
    • Regional funding application still underway

    BERLIN, Nov 26 (Reuters) - Tesla (TSLA.O) said on Friday it has withdrawn its application for state aid for its planned battery factory near Berlin as CEO Elon Musk declared the electric vehicle maker opposed all subsidies.

    The European Union in January approved a plan that included giving state aid to Tesla, BMW (BMWG.DE) and others to support production of electric vehicle batteries and help the bloc to reduce imports from industry leader China.

    Tesla was expected to receive 1.14 billion euros ($1.28 billion) in EU funding for its battery plant in Gruenheide, Brandenburg under the plan, with a final decision likely by the end of the year.

    "Tesla has informed the Federal Ministry of Economics and the Brandenburg Ministry of Economics... it is withdrawing its IPCEI application for state funding for the battery factory in Grünheide," a Tesla spokesperson said, referring to European subsidies allocated to so-called 'Important Projects of Common European Interest'.

    Construction plans for the plant would not be affected by the decision, the spokesperson said.

    "It has always been Tesla's view that all subsidies should be eliminated," Musk posted on Twitter in response to a tweet by another user after Tesla said it had withdrawn its funding application.

    "But that must include the massive subsidies for oil & gas. For some reason, governments don't want to do that...," Musk added, deviating from the subject of the factory grant.

    Tesla itself is investing 5 billion euros in the battery plant, according to German economy ministry estimates.

    Meanwhile, construction of a car production site alongside the battery plant, which Tesla has begun building under pre-approval permits while it awaits final approval from the regional government, has made good progress in the last few weeks, a spokesperson for the federal economy ministry said.

    The electric vehicle maker also applied in November 2020 for regional funding from Brandenburg, according to the regional government's website.

    A Brandenburg economy ministry spokesperson said this application had not been withdrawn.

    The amount Tesla applied for is undisclosed, but investments worth over 100 million euros are generally given 6.8% of their value, the website says.

    The latest round of online consultations for the public to express environmental and other concerns about the car factory and battery plant closed last week and Tesla CEO Elon Musk has said he hopes to formally begin production by the end of the year and then ramp up as quickly as possible.

    Musk has made his irritation for German laws and processes known, saying in a letter to authorities in April that the country's complex planning requirements were at odds with the urgency needed to fight climate change.

    Source: https://www.reuters.com/business/autos-transportation/tesla-withdrew-state-funding-application-german-battery-plant-economy-ministry-2021-11-26/

    submitted by /u/Ehralur
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    Anyone DCA-ing into Disney?

    Posted: 26 Nov 2021 08:19 AM PST

    Disney is official well below my average cost of $154. It was at $200 at one point and now has crashed down to $148. I've been steadily buying more shares but don't want to fall into the falling knife thing.

    Anyone else buying more of Disney? Anything I should be aware of or is this just a covid scare?

    submitted by /u/joeroganthumbhead
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    South African scientists detect new coronavirus variant amid spike in cases. Futures down bad at the moment…

    Posted: 25 Nov 2021 08:22 PM PST

    What are your thoughts? I couldn't link any articles due to mods and rules, but do a quick search online.

    Will retails lose their cold blood? I think a lot of people on margin will eat their socks in the next days…

    submitted by /u/doumination
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    What are you buying when the market opens??

    Posted: 26 Nov 2021 12:48 AM PST

    As everyone knows, futures are bloody red right now on fears of a new variant. There are really two things you should do when things open and that is nothing, or buy. Do not sell in these conditions because I guarantee you will regret it.

    With that being said…if you are in the buy group, what are you looking at when the markets open?

    I'm looking at tech: APPLE, AMAZON and MSFT.

    submitted by /u/TheShaneHaley
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    What stocks are strong plays with or without COVID?

    Posted: 26 Nov 2021 09:36 PM PST

    At this point, I just anticipate new variants popping up every few months so airlines and some sectors like cruise liens are just too risky for me to gamble on for very little reward.

    On the other hand, what stocks are good plays to get with or without COVID news? I personally like Costco which is defensive but also a trade that has sailed from earnings even post "delta", Roblox which is another great stock in case of shutdowns but also had phenomenal earnings despite things reopening and kids going back to school.

    What else?

    submitted by /u/BurnerBurnerBurns20
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    Why banks go down heavily on new Covid variant news?

    Posted: 26 Nov 2021 07:42 AM PST

    Title is self-explanatory, but what's the reasoning behind the heavy downtrend of banks and the new covid variant? The way I see it banks will benefit from the most than likely interest hike if inflation persists. Anyone can shed some light on this?

    submitted by /u/apeonjupiter
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    Thoughts on investing in Airlines during this pandemic?

    Posted: 26 Nov 2021 01:09 PM PST

    Hey all, and thanks for reading.
    The world has grown to be a place where so many things are done online, and I've decided to join in by starting with investing in stocks. So, to the main question: What do I invest in, with a starting budget of $100. I am, of course, not looking to make $1000 off of this $100 initial budget, but seeing any profit would motivate oneself to invest more in the future. I was thinking of investing in popular airlines I could get my hands on, as with the new COVID variant, these businesses are likely to be worth much less. So, thoughts on this? And, any other information anyone could share on the matter with how to start off?

    submitted by /u/affabruh
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    Bloody day but added BA,OKE, CVX,UPS,FDX, VZ

    Posted: 26 Nov 2021 10:48 AM PST

    Looking long-term but use today's selloff opportunities to buy some quality companies.

    Boeing. $197.45. (Already has a position at $238 😕)

    Oneok $61.00

    Chevron $112.50

    United parcel system $204.85

    Federal Express. $237.50

    Verizon $51.60

    For better or worse we will see what happens.

    If you purchased some shares today what did you buy?

    What did you want to buy that you did not buy?

    submitted by /u/KCGuy59
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    $PSFE Paysafe down 50% recently. Good opportunity for bounce trade?

    Posted: 26 Nov 2021 08:36 AM PST

    Down so dramatically seemingly because of their adjusted guidance? Seems like an extreme drop and it's below the lower band of analyst price targets. It's putting in a bullish rsi divergence on the daily chart too.

    Can someone fill me in on what's going on with the stock price here? Looks like a good buying opportunity to me but I haven't done much research yet. Hoping one of you has been looking into this and can shed some light. Thanks!

    submitted by /u/HappyGilmore35
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    Wall Street Week Ahead for the trading week beginning November 29th, 2021

    Posted: 26 Nov 2021 01:14 PM PST

    Good Friday afternoon to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and are ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning November 29th, 2021.

    Covid developments to rule the market once again in the week ahead after Friday's rout - (Source)

    Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday's employment report and other data in the week ahead show the economy has been getting stronger.

    Stocks and other risk assets were slammed in the post-Thanksgiving session Friday on reports of a new variant in South Africa, and investors sought safety in Treasurys. Initial reports on the variant show it could be more transmissible than the Delta variant, and scientists are studying how effective vaccines are against it.

    The Dow was down 905 points, or 2.5% Friday in its worse day since October, 2020. The S&P 500 tumbled 2.3% Friday to 4,594, giving it a 2.2% decline for the week.

    "I think that's going to override what else we're going to see," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "It's a heavy data week with the ISMs and certainly payrolls, but I think this new variant is going to freeze behavior until there's more clarity."

    According to Dow Jones, economists expect a strong payroll report Friday, with 581,000 jobs added, after October's 531,000 payrolls. They expect the economy has shaken off the effects of the slowdown linked to the Covid delta variant, and growth in the current quarter could be far stronger than the third quarter.

    The Institute of Supply Management manufacturing survey is released Wednesday, and that should also be strong.

    Scott Redler, partner with T3Live.com, said many traders were caught off sides in the shortened session Friday, usually a positive one for the market, and there are key levels the market must hold in the week ahead in order to stage a yearend Santa rally.

    "Right now, the market lost some momentum, but it's not broken. It could be just fine and refuel if the 50-day moving average on the S&P 500 holds next week. It's all very fluid," he said.

    The 50-day, at 4,527, is a widely-watched momentum indicator, and it is basically the average close of the last 50 sessions.

    The market had already been losing momentum this past Monday with a bearish reversal, he said.

    "On Wednesday, the market absorbed the weakness and gave traders a false sense of security which is normally a nice easy holiday-shortened session Friday," Redler said.

    Sam Stovall, chief investment strategist at CFRA, said the S&P 500 typically gains 7% between its October low and year-end close, but this year it had already gained more than 9%.

    "We're ahead of the game and due for some sort of digestion," Stovall said on CNBC.

    The Dow dipped more than 1,000 points during Friday trading. Riskier assets were down even more, with the Russell 2000 closing off 3.7% Friday. West Texas Intermediate oil futures plunged more than 12%. Some investors began to reverse bets in the futures market that a strong economic rebound and inflationary pressures would pull the Fed off the sidelines sooner-than-expected.

    The 10-year Treasury yield, which moves opposite price, fell to 1.48% from Wednesday's high of 1.69%.

    Investors will be looking for guidance from Fed Chairman Jerome Powell, who appears before Congress in the week ahead with Treasury Secretary Janet Yellen to discuss the coronavirus and the CARES Act stimulus package. On Tuesday, there is a hearing before the Senate Banking Committee.

    "I think you have to assume the base case is the virus remains endemic, not back to being a pandemic," said Barry Knapp, founder of Ironsides Macroeconomics. The worry is that the variant spreads and slows activity, hitting supply chains even more. That could boost inflation while slowing growth.

    Knapp said there are risks for stocks, and investors need to be cautious buying the market on the decline.

    Knapp said the Fed could end up accelerating the taper of its bond purchases, which would move forward the time frame for potential interest rate hikes.

    "The problem with trying to buy the market overall and buying tech stocks in particular is if you buy now because it is down a couple of percent, it rallies into the end of the year and then the market sells off," he said. For that reason, he favors dipping into cheaper sectors like energy and financials, the worst performing sectors Friday.

    Oil and energy will be in the spotlight in the coming week, as OPEC+ meets Thursday. The U.S. and other governments agreed to release oil from their strategic petroleum reserves in an attempt to drive prices lower. The U.S. plans to release 50 million barrels.

    OPEC+ has said it would continue to increase production by 400,000 barrels monthly, despite calls from the White House to speed up the release.

    Helima Croft, head of global commodities strategy at RBC, said on CNBC there is a chance OPEC could decide to pause its own production increase because of the SPR releases.

    "I think as we head into the OPEC meeting Thursday, the question is not only do they do a pause but potentially will they actually pull back some barrels because of concerns about this new variant alongside the very large SPR release," she said.

    She said the U.S. is releasing a record amount of oil. "We are going to have a lot of barrels hitting this market, as we have these concerns about new Covid lockdown restrictions," she said. "Again, too soon to say whether governments will pull the trigger on such measures, but the market will be concerned."

    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    S&P Sectors for this past week:

    (CLICK HERE FOR THE S&P SECTORS FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    (CLICK HERE FOR THE CHART!)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART!)

    When Stocks Are Up Big YTD Before Thanksgiving

    As the S&P 500 is up rather impressively, 24.9% year-to-date this year through today's close on the Tuesday before Thanksgiving, we ran the numbers on the 33 previous years with double digit year-to-date gains at this juncture since 1950. There are a few blemishes, but in general market gains continued into yearend.

    Most importantly, there are no major selloffs on this list. The big December decline of -9.2% in 2018 came after the S&P 500 was down -1.2% at this point in the year. After double-digit YTD gains the S&P 500 was up 70% of the time from the Tuesday before Thanksgiving to yearend for an average gain of 2.3%.

    Also of note is that the Santa Claus Rally suffered only four losses in these years. But these four down SCRs in 1955, 1968, 1999 and 2014 were followed by flat years in 1956 and 2015 and down years in 1969 and 2000. As Yale's famous line states (2021 Almanac page 116 and 2022 Almanac page 118): "If Santa Claus Should Fail To Call, Bears May Come to Broad and Wall."

    (CLICK HERE FOR THE CHART!)

    How Have Stocks Done Under Jerome Powell?

    The big news this week was Jerome Powell will remain in charge of the Federal Reserve (Fed) for four more years, so we wanted to do a quick blog that looked at how stocks have done while he has been the Fed Chairman.

    "There are many reasons for Jerome Powell to lead the Fed for another four years," explained LPL Financial Chief Market Strategist Ryan Detrick. "But one of the best could very well be that stocks have done quite well under his leadership. Do you really think he'd still be in charge if stocks did poorly under him? Probably not is the answer there."

    As shown in the LPL Chart of the Day, the Dow has gained 40% under his leadership, ranking him 8th (near the middle of the pack) when compared with all 16 Fed Chairpersons. Interestingly, he ranks just beneath both of his predecessors in Ben Bernanke and Janet Yellen. With four more years to go, you'd have to like his chances there, but Alan Greenspan's record of 312% is likely safe for the time being.

    (CLICK HERE FOR THE CHART!)

    Here are some more Fed Chair fun facts (using the chart below).

    • On an annualized basis, the Dow has gained 9.3% per annum under Powell, the 7th best out of 16.
    • Interestingly, stocks have dropped under only one Fed Chairperson and that was Eugene Meyer during the Great Depression.
    • Taking another look at Greenspan's 312% return and we realize he was in charge of the Fed for 18.5 years. So his annual return of 8.0% puts things in perspective.
    • The shortest tenure ever was less than a year and a half back in the late 1970s under William Miller. Meanwhile, the longest ever was William Martin at nearly 19 years.
    • Paul Volker had the best annualized return at 15.2% over his 8 years. Not to mention he handed things over to Greenspan right before the 1987 crash, one of the best handoffs we've ever seen in history.
    • Lastly, the Fed has been led by a woman only once and that was Janet Yellen, now in charge of the Treasury. It is worth noting that her four-year run at the Fed produced a very impressive 12.9% annualized return for stocks.
    (CLICK HERE FOR THE CHART!)

    Finally Some Clarity on Fed Leadership

    President Biden officially nominated Chairman Jerome Powell to a second four-year term as Chairman of the Federal Reserve (Fed) and elevated current Fed Governor Lael Brainard to Vice Chair of the Committee. Before the announcement, there was speculation that Brainard could replace Powell as Fed Chair.

    We view these nominations as very market friendly. Powell has done a commendable job supporting markets during the COVID-19 shutdowns and we aren't quite through with the pandemic. We believe stability and leadership continuity is important as we continue to make our way toward the finish line of the COVID-19 pandemic. While Brainard is well qualified to run the Fed, elevating her to Vice Chair recognizes her contributions and potentially puts her in a position to take over the Chair role in four years. Both positions require Congressional approval, and we think both should be confirmed when Congressional hearings conclude sometime over the next few months.

    "As we expected, President Biden chose continuity and familiarity with these Fed appointments," noted LPL Financial Fixed Income Strategist Lawrence Gillum. "Going with Powell over Brainard is what markets were expecting, so we think markets are relieved that Fed leadership uncertainty is now out of the way."

    The knee-jerk reaction in the bond market was interesting in that markets seemingly continue to shift the prospects for interest rate hikes forward. As seen on the LPL Research Chart of the Day, Treasury securities across all maturities sold off with two-year tenors among the most (negatively) impacted. Now, two-year Treasury yields are at the highest level since the pandemic began. Short maturity securities are the most impacted by changes in monetary policy. Moreover, markets are pricing in nearly three rate hikes next year with the first rate hike expected in June, which is much more aggressive than the Fed has indicated.

    (CLICK HERE FOR THE CHART!)

    President Biden still has three open Fed Board of Governor positions to fill, so we're a long way from knowing for sure how Fed policy may change over the next few years. However, we would expect Biden to select governors on the dovish side of the spectrum. That said, the 2022 voting rotation with regional Fed Presidents may impart a hawkish lean to the FOMC overall, offsetting some of the dovish bias from Biden's appointments. The rotation replaces three solidly dovish and one strongly hawkish voting members with two strongly hawkish and two solidly hawkish officials. Monetary policy is managed at the national level, so while the regional presidents will no doubt have influence, we continue to think the Fed will be more accommodative than markets are currently expecting. In addition, with the announcements today, leadership at the top of the Fed should be seen as being supportive to the economy and thus supportive for markets.

    Pandemic and Multi-Decade Low for Claims

    Out of the massive slug of economic data this morning, one major bright spot was jobless claims. It has now been 88 weeks since the March 13, 2020 release; the last one before claims began to print in the millions. In that time, claims have fallen to not only take out pre-pandemic levels and the low prior to that of 203K set in April 2019 but today saw the first sub-200K reading since November 20, 1969. That compares to estimates of a reading of 260K and last week's 2K upward revised number of 270K. On a side note, in 2019 there were three weeks where the initial release of initial claims came in below 200K (1/24, 4/11, and 4/18), but they have been since revised higher.

    (CLICK HERE FOR THE CHART!)

    While that is a significant low in claims, the drop appears to a large degree to be thanks to seasonal adjustment. On a non-seasonally adjusted basis, claims rose to 258.6K which was the highest level in six weeks. It is seasonally normal for claims to head higher during the current week of the year with it having happened over 80% of the time historically. Additionally, that is a bit of catch-up considering claims have been bucking seasonal trends in recent weeks.

    (CLICK HERE FOR THE CHART!)

    Continuing claims were also lower this week falling from 2.109 million to 2.049 million. As with initial jobless claims, that sets a new low for the pandemic that is 265K above the level from March 13, 2020.

    (CLICK HERE FOR THE CHART!)

    Factoring in all other programs creates an additional week of lag to the data meaning the most recent print is through the first week of November. The final week of October's unusual uptick on account of peculiar growth in claims for expired programs has unwound in the most recent week's data. PUA claims were more than cut in half as PEUC claims also fell by 121K. Combined that resulted in a new low of 2.44 million claims.

    (CLICK HERE FOR THE CHART!)

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending November 26th, 2021

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET POSTED.)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 11.28.21

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET POSTED.)

    Here are the most notable companies reporting earnings in this upcoming trading week ahead-

    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR THE MOST NOTABLE EARNINGS RELEASES BEFORE MONDAY'S OPEN!)

    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

    Monday 11.29.21 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 11.29.21 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 11.30.21 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 11.30.21 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 12.1.21 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 12.1.21 After Market Close:

    (CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 12.2.21 Before Market Open:

    (CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Thursday 12.2.21 After Market Close:

    (CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Friday 12.3.21 Before Market Open:

    (CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES LINK!)

    Friday 12.3.21 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    (T.B.A. THIS WEEKEND.)

    (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.).

    (CLICK HERE FOR THE CHART!)

    DISCUSS!

    What are you all watching for in this upcoming trading week?

    I hope you all have a wonderful weekend and a great trading week ahead r/stocks. :)

    submitted by /u/bigbear0083
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    QQQ vs. SPY?

    Posted: 26 Nov 2021 09:43 AM PST

    Considering investing in either QQQ or SPY but can't determine which is the right one. Or should I invest in both?

    My DD shows:

    — QQQ tracks the NASDAQ 100 Index, while SPY tracks the S&P 500 Index — QQQ is 100 stocks in a handful of sectors, largely concentrated in tech. SPY is 500 stocks spread across all sectors — looks like QQQ is already inside SPY while SPY is over 1/4 tech.l — expense fees for QQQ is higher (at 0.20%) meanwhile SPY is cheaper (at 0.09%) — NASDAQ 100 has beaten the S&P 500 over the past 10 years, generating an average annual return of 20.27% vs 14.26% — QQQ assets has $201.39B while SPY has $417.28B

    What is everyone else's thoughts.

    EDIT: leaning towards VOO (due to low expense ratio) and QQQ. Since SPY and VOO are so similar I think lower expense ratio is the deciding factor.

    submitted by /u/RetirementGoals
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    Costco (COST) - Why does it just keep running?

    Posted: 25 Nov 2021 04:22 PM PST

    COST has gone on a ridiculous run this year, breaking out of the 300s and leaping now well into the 500s. I grabbed 10 shares when I started investing in April because I knew it was a profitable company that's well-run with a solid loyal customer base, but never in my wildest dreams did I expect it to go on this kind of run.

    Anyone find any reasons that COST is climbing like this? Seemingly not even the September correction could slow it down (unlike in March).

    submitted by /u/ZhangtheGreat
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    Is the impact of Intel returning to the GPU market on Nvidia being underestimated?

    Posted: 26 Nov 2021 03:37 AM PST

    I have noticed that most people on here are very bullish towards Nvidia even at its current valuation but I haven't seen much talk about how Intel's return to the GPU market will affect Nvidia's valuation and future growth.

    Intel has the money and talent especially with Raja Koduri leading the Graphics department to become highly competitive with Nvidia if not a leader in the market. Intel will also have the advantage of using their new fabs in the future to produce their GPU's whereas Nvidia will be reliant on TSMC/Samsung.

    With AMD also becoming more competitive and both Intel and AMD not being as limited to just the GPU market unlike Nvidia, should people be worried that Nvidia may have to lower profit margins and suffer from lower growth that could make their current price look extremely high?

    For disclosure I do own some INTC and would be interested in NVDA if the valuation was more reasonable.

    submitted by /u/mutdan14
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    Retail Stocks Sink Amid Strong Black Friday Sales. Blame Covid Variant Fears

    Posted: 26 Nov 2021 09:25 AM PST

    Retail stocks, along with the broader market, were down Friday morning as fears of a new Covid-19 variant hammered the market amid potentially strong Black Friday sales. Shares of Dollar Tree (DLTR), which sells the majority of its products—including toys, home decor, kitchenware, and seasonal goods—was down nearly 4% to $140.81. Nordstrom (JWN) was down 7% at $21.04. Macy's (M) was off 7.2%. Retailers that struggled to keep up with supply-chain crunches—as noted in their third-quarter earnings—including Kohls (KSS) and Gap (GPS) were down 2.1% to $54.09, and 3.4% to $17.25, respectively. Shares of Abercrombie & Fitch (ANF) were down 3.3% to $37.98.

    For the most part though, retail stocks have been gaining amid high demand this year. The SPDR S&P Retail exchange-traded fund (XRT) is up 50.05% this year as of Friday morning, still on pace for its best year since 2009, when it rose 74.8%. The ETF is down 2.8% in Friday trading. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) is up nearly 25% this year, a sign that despite the previous Delta variant, shoppers are ready to spend their cash and investors recognize the demand.

    Data from Friday morning showed U.S. consumers are expected to spend $12.9 billion in online sales and have already spent $6.9 billion online during Thanksgiving Day, up 1.1% from last year, according to data from Salesforce. The National Retail Federation estimates 58.1 million people will shop on Small Business Saturday, and 62.8 million will shop online on Cyber Monday. The trade organization projects consumers will spend an average of $997.73, with total spending up as much as 10.5% to $859 billion this season.

    U.S. online sales for the first three weeks of November are up 10% year-over-year, $74 billion already spent, as consumers continue to fit in holiday shopping as early as possible over concerns regarding shipping delays and supply chain issues, according to Salesforce.

    The Dow was on track for its worst Black Friday on record, with the S&P 500 and Nasdaq on pace for their worst Black Friday since 2009.

    https://www.marketwatch.com/articles/retail-stocks-sink-amid-strong-black-friday-sales-blame-covid-variant-fears-51637946074?mod=mw_latestnews

    submitted by /u/mikeyrocksin2021
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    China Asks Didi to Delist From U.S. On Security Fears

    Posted: 25 Nov 2021 06:51 PM PST

    (Bloomberg) -- Chinese regulators have asked Didi Global Inc.'s top executives to devise a plan to delist from U.S. bourses, people familiar with the matter said, an unprecedented request that's likely to revive fears about Beijing's intentions for its giant tech industry.

    The country's tech watchdog wants management to take the company off the New York Stock Exchange because of concerns about leakage of sensitive data, the people said, asking not to be identified discussing a sensitive matter. The Cyberspace Administration of China, the agency responsible for data security in the country, has directed Didi to work out precise details, subject to government approval, they said.

    Proposals under consideration include a straight-up privatization or a share float in Hong Kong followed by a delisting from the U.S., the people added. If the privatization proceeds, the proposal will likely be at least the $14 IPO price since a lower offer so soon after the June initial public offering could prompt lawsuits or shareholder resistance, the people said. If there is a secondary listing in Hong Kong, the IPO price would probably be a discount to the share price in the U.S., $8.11 as of Wednesday's close.

    Shares in SoftBank Group Corp., Didi's biggest minority shareholder, slid more than 5% in Tokyo.

    Deliberations continue and it's possible regulators will backtrack on their request, the people said. Either option would deal a severe blow to a ride-hailing giant that pulled off the largest U.S. IPO by a Chinese firm since Alibaba Group Holding Ltd.'s in 2014. Representatives for Didi and the CAC didn't respond to requests for comment.

    Didi sparked the ire of Beijing when it proceeded with its New York stock offering this summer, despite regulatory requests that it ensure the security of its data before the IPO. Chinese regulators quickly launched multiple investigations into the company and have considered a range of unprecedented penalties, Bloomberg News reported in July.

    It's possible that the delisting would be part of a package of punishments for Didi. Beijing's municipal government has proposed an investment in the company that would give state-run firms effective control, Bloomberg News reported in September. Such an investment could help Didi finance the repurchase of its U.S.-traded shares.

    Didi is currently controlled by the management team of co-founder Cheng Wei and President Jean Liu, which received aggregate voting power of 58% after the company's U.S. initial public offering. SoftBank and Uber Technologies Inc. are Didi's biggest minority shareholders.

    Even if Didi shifts its listing to Hong Kong, it will have to address the data security concerns that have drawn regulatory scrutiny. The company may have to give up control of its data to a third-party -- again undercutting its price tag.

    Regulators have weighed a delisting for Didi since the summer, after the world's largest ride-hailing company infuriated officials by ploughing ahead with its U.S. IPO, Bloomberg News has reported. A withdrawal from U.S. bourses could stoke fears of an exodus of Chinese firms as Washington and Beijing quarrel about access to listed firms' books. On Thursday, a senior Chinese regulatory official said such delistings would be a setback for relations with the U.S., while offering broad support for Hong Kong as an alternative venue.

    Didi -- once feted for defeating Uber in China -- has now become a test case for a broader Chinese government effort to curb the power of internet titans. Xi Jinping's administration, keen to promote his vision of sharing the wealth or "common prosperity," has targeted an internet sector that's accumulated vast wealth by operating on the periphery of the law, minted an unprecedented number of billionaires and enriched local and foreign investors in the process.

    A state-directed privatization would be unprecedented for a private firm of Didi's stature, affirming that the Chinese government remains bent on curtailing the power of the country's internet firms and unlocking the data and wealth hoarded during a decade of heady expansion. It would send a chilling signal to American investors, long accustomed to investing freely in China's largest corporations from Alibaba to Baidu Inc. and JD.com Inc.

    Beijing's moves against Didi have been particularly harsh, even after a crackdown that has penalized giants like Alibaba and Tencent Holdings Ltd. The Cyberspace Administration of China saw Didi's IPO decision as a challenge to the central government's authority, which led to the CAC, the Ministry of Public Security, the Ministry of State Security and several other agencies initiating on-site inspections at Didi's offices in July.

    It's since been ensnared by probes into data security and the way it treats its millions of drivers. Many of the options Beijing is weighing involve re-asserting state control over a company that's traditionally operated in a legal gray zone, Bloomberg News has reported.

    https://www.bnnbloomberg.ca/china-asks-didi-to-delist-from-u-s-on-security-fears-1.1687281

    submitted by /u/rockinoutwith2
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    What accounts for the huge price difference between $VIAC and $NFLX?

    Posted: 26 Nov 2021 10:32 AM PST

    6.6B in revenues for VIAC vs 7.4B for NFLX in q3, PE under 10 for VIAC vs over 60 for NFLX and 10x the market cap.

    Look at IMDB and VIAC has 4 shows in the top 10 vs 3 shows for NFLX.

    This is after a year where VIAC had to delay all their theatre releases to 2022. Top Gun, Transformers, and Mission Impossible are all set to release early in 2022 which can potentially bring in lots of money, along with major Paramount+ releases like Yellowstone:1883, Halo, more Southpark movies, and a new Star Trek series that aims to fix the flaws with Discovery.

    Halo Infinite just released as well and getting extremely popular and Paramount's Halo series release is perfectly set to take advantage of the sudden popularity increase of Halo. Look at what happened with League of Legends and Netflix's release of Arcane. Excellent potential there.

    In addition PlutoTV is quickly cementing its lead as the most watched AVOD service in the world, with AVOD cagr of over 20% by 2025 this segment of streaming is going to be huge internationally which will continue to pull in advertising money. Just take a look at how fast its growing, +30% traffic in 6 months with a positive growth curve

    Paramount+ was one of the fastest growing SVOD services in Q3, adding 4.3 million subscribers and growing faster than even Netflix (which had similar account adds).

    They added over 1 million subscribers in under a week just recently in November, and they have over 48 million subscribers worldwide and undergoing further international expansion. The release of Star Trek internationally (it was previously restricted to US) is guaranteed to accelerate subscriber adds even faster.

    Q4 is going to be a monster quarter for Paramount+ with Yellowstone, Southpark, Star Trek, Dexter, and Mayor of Kingstown all releasing Q4.

    And broadcast? It's NOT dead yet. Yellowstone pulled in over 12 million viewers, higher than Game of Thrones ever did. Adele's special pulled in over 9 million viewers as well. 2 smash hits in a row that both broke records. Also new data revealed that Broadcast pulled even with Streaming in October with 28% share each (while all other forms of viewing shrank).

    Don't get me wrong - I'm not trying to bash NFLX I like the stock too. But the valuation difference between these two is insane when both have so much international growth.

    I see so much turnaround potential and yet this stock seems to get zero interest from buyers. What's the deal? Is everyone just afraid of how much long-term debt they have (that they've been quickly paying down with no issues every quarter)?

    submitted by /u/ankermouse11
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    I got a big book of words from a company I have stocks in what do?

    Posted: 26 Nov 2021 04:42 PM PST

    So I have approx. 100 stocks in a company that are worth around $6. I just got something in the mail from them outlining a plan to have all of the companies shares purchased by another company for $6.50. It sounds like they're expecting everyone to vote for this and the alternative sounds like the company going to shit, but as far as I can tell this means that at some point I'm set to have my stocks forcibly cashed out for a fixed amount. Does that mean I should buy some ASAP until it gets close to that $6.50 mark?

    submitted by /u/elric225
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    Stock “Suggestion”Services

    Posted: 26 Nov 2021 09:22 PM PST

    If this is the wrong forum please delete and suggest another. Have any of you found any of the pay services useful, example being Swing Trader from IBD. I trade options with about 90% of my money. I'll still do my own DD, but would love to have a service that narrows it down to 10-12 maybe. I have a full time job and don't have as much time as I'd like to research.

    submitted by /u/Kas1972
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    Asian markets sink as investors weigh latest global virus concerns

    Posted: 25 Nov 2021 09:57 PM PST

    Asian stock markets sank Friday after some European countries tightened curbs on travel and business following a surge in coronavirus infections and South Africa reported a new variant. Shanghai, Tokyo, Hong Kong and Sydney declined. U.S. markets were closed Thursday for the Thanksgiving holiday. Austria imposed a nationwide 10-day lockdown after its daily virus deaths tripled, while Italy imposed curbs on activity by unvaccinated people. The U.S. government advised Americans to avoid travel to Germany and Denmark. Scientists in South Africa said a new variant was spreading among young people in its most populous province.

    "Investors are likely to shoot first and ask questions later until more is known," Jeffrey Halley of Oanda said in a report.

    The Shanghai Composite Index CN:SHCOMP lost 0.6% to 3,560.15 and the Nikkei 225 JP:NIK NIY00 in Tokyo plunged by an unusually wide 2.8% margin to 28,656.17. The Hang Seng HK:HSI in Hong Kong tumbled 2.3% to 24,161.55. The Kospi KR:180721 in Seoul lost 1.4% to 2,938.09 and Sydney's S&P-ASX 200 AU:XJO fell 1.7% to 7,279. New Zealand and Southeast Asian markets also declined.

    Wall Street's benchmark S&P 500 SPX closed up 0.2% on Wednesday. U.S. markets are due to reopen Friday for a shortened post-Thanksgiving trading session.

    https://www.marketwatch.com/story/asian-markets-sink-as-investors-weigh-latest-global-virus-concerns-01637900804?mod=mw_quote_news

    submitted by /u/Johnblr
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    $NVAX new variant

    Posted: 26 Nov 2021 04:37 AM PST

    So the markets are tanking on new variant news. $NVAX just might save the day with protein based, long lasting, more efficient vax that doesn't require esoteric storage and logistical conditions. So what's next? Well..

    $NVAX EU EMA Presentation 11/25/21 - EMA chief said the Final assessment of the Novavax Rolling review was completed on 11/17/21

    https://ibb.co/r5M9Hr1

    The EU APPROVAL is imminent. The EU EMA Head Marco Calveri presented to the ECDC/EU Commission at 49:40 of the video ".. AND YOU KNOW NOVAVAX .. WE ARE NOW IN THE FINAL PHASE AND WE OUGHT TO CONCLUDE FOR AN AUTHORIZATION AS SOON AS POSSIBLE. "
    https://audiovisual.ec.europa.eu/embed/index.html?ref=I-214515&lg=en

    $NVAX Expecting UK Approval anytime - The Guardian today:

    https://www.theguardian.com/society/2021/nov/24/novavax-expected-to-be-approved-as-fourth-covid-vaccine-in-uk

    WHO certifying vaccine produced by SII.

    https://www.who.int/news/item/15-02-2021-who-lists-two-additional-covid-19-vaccines-for-emergency-use-and-covax-roll-out

    $NVAX Novavax pending approvals:

    Approval news could hit anytime: India UK Australia Canada EU New Zealand WHO Singapore

    APPROVED: Philippines Indonesia

    Moreover, current price $200.07 sits on 200 SMA, rocket is on the launch pad and has begun the count down. Currently 11% of the float is shorted which will proved additional thrust when approvals start flooding in.

    Im Long since August and I have experienced a blizzard of dickslaps from the stepmarket, but the payday has arrived.

    submitted by /u/VonDerBerg
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    Cathie Wood updates price target for ARKK in latest CNBC interview to ~440

    Posted: 25 Nov 2021 10:31 PM PST

    Previous target, ~310, 15% per year for 5 years

    New Target, ~440, 4x in 5 years or 33% per year for 5 years

    Or in table format

    Today 2022 2023 2024 2025 2026
    15% 155 178 205 236 271 312
    33% 108 144 191 254 338 449
    submitted by /u/NexVeridian
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    Latin America Fintech companies STNE vs PAGS?

    Posted: 26 Nov 2021 07:34 AM PST

    Can someone please explain the differences between these two companies? They seem to be extremely similar and I'm trying to figure out which has the better valuation at the current moment. It seems that PAGS has less debt and is more overall diversified than STNE. Would love to hear some insight from folks who are invested in these companies or if you live in Brazil/Latin America and have any experience using their services. Thanks

    submitted by /u/strive4thebest
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    $BGFV (Big 5 Sporting Goods)

    Posted: 26 Nov 2021 09:21 AM PST

    Big 5 Sport Goods ($BGFV) seems to be an undervalued stock.

    In the past 2 weeks, the CEO has sold $8 million worth of shares.

    Why do you think this is happening?

    Is $BGFV a good buy because of the supply chain lines?

    Do you think their stock will perform post pandemic?

    Your input is appreciated.

    submitted by /u/ramsatesh-
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