Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Nov 02, 2021 |
- r/Stocks Daily Discussion & Technicals Tuesday - Nov 02, 2021
- Musk says Hertz deal isn’t signed — and questions Tesla rally after the announcement
- Zillow fires 25% of staff, takes $304 million write down, selling roughly 7,000 homes at a loss
- How do you invest to grow quickly after getting your first $100K?
- Best Fintech stock to own at these levels? V, MA, PYPL, SQ, etc.
- I'm a professional solar developer, and I'm bullish on ARRY
- Rocket Lab (RKLB) DD
- China Stocks Delisting From US Puts $1.1 Trillion at Risk
- What’s going on with PayPal (PYPL)?
- Long term stocks for UGMA account
- Where to invest 5k for a year??
- Any Hope for Visa?
- Corsair repords 3rd quarter financial results
- For those investing in all 3: TESLA, PALANTIR, AND UPSTART, please enter!
- advice on non-tech diversification of heavily tech-oriented portofolio?
- looking at metromile before earnings. credentialed actuary here
- $TSLA owners, what are your moves?
- Gaining Visibility on Paysafe (PSFE) Parts 2-4
- DELL and VMWARE separation
- I found my old Walt Disney stock certificate. How do I track down my shares?
- Activison Blizzard Earnings Report!
- Which tools or apps (non broker specific) do you use to track technicals
- Entry level advice for newer traders
- Tax Loss Harvesting - Curiosity
| r/Stocks Daily Discussion & Technicals Tuesday - Nov 02, 2021 Posted: 02 Nov 2021 02:30 AM PDT This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post. Some helpful day to day links, including news:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions. The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price. TA can be useful on any timeframe, both short and long term. Intro to technical analysis by Stockcharts chartschool and their article on candlesticks If you have questions, please see the following word cloud and click through for the wiki: See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments]  |
| Musk says Hertz deal isn’t signed — and questions Tesla rally after the announcement Posted: 02 Nov 2021 03:58 AM PDT It looks like SEC in a deep sleep when it comes to stock price manipulation by Tesla. "You" tweet about huge "order", got $30B+ in capital from stock price growth, and with that amount of money you're almost invincible in any court and can "handle" with any "regulators". [link] [comments]  |
| Zillow fires 25% of staff, takes $304 million write down, selling roughly 7,000 homes at a loss Posted: 02 Nov 2021 01:40 PM PDT Zillow, which will release earnings later on Tuesday, said it would report that its home-flipping business, Zillow Offers, lost $381 million last quarter, resulting in a combined loss of $169 million across all of Zillow. The company said it also plans to cut 25% of its workforce. [link] [comments]  |
| How do you invest to grow quickly after getting your first $100K? Posted: 01 Nov 2021 05:58 PM PDT My friend and I were talking about our portfolios over the weekend. We were both on the threshold of crossing the $100K benchmark in our savings (stock and cash combined). We realized that neither of us really know the best strategy to keep growing it moving forward but we assume 100K is an important benchmark coz you hear that line a lot that "the first 100K is the hardest." So I figure I should come over to ask what is your advice. I'm in my early 30s, working real hard to pay off the debt and saving aggressively. [link] [comments]  |
| Best Fintech stock to own at these levels? V, MA, PYPL, SQ, etc. Posted: 02 Nov 2021 07:25 AM PDT I've been watching V and MA quite closely since their earnings, and they seem to be approaching attractive levels. PYPL is another one that looks to be approaching a buy zone, but before I pull the trigger on any of these 3, I wanted to get your thoughts on which Fintech seems to be the best value at these levels. I've also considered SQ but they are quite richly priced, and I'd like to wait for earnings. Any thoughts on these 4 names? Should I even consider something like AFFRM or SOFI or stick with the big boys? [link] [comments]  |
| I'm a professional solar developer, and I'm bullish on ARRY Posted: 02 Nov 2021 07:43 AM PDT I have never posted in here, but I wanted to share why I think Array Technologies, Inc. ($ARRY) is positioned to surge in the next few weeks and continue climbing for several years. Quick credentials: I am a Director at a nationwide developer of large-scale, ground-mounted solar projects. In simple terms, ARRY makes "single-axis trackers". Solar panels sit on top of the single-axis trackers, which rotate from east to west as the sun rises and sets, maximizing energy production. This style of racking has become the industry standard in recent years, and ARRY is the best one, in my opinion. With a single motor and a single center driveshaft, their technology can rotate over 3,000 solar panels. They are a market leader, based in the US, and the largest factor in their input cost is steel. There are 3 reasons why I'm bullish:
Disclaimers: Most of my company's solar projects use ARRY's solar racking equipment. I am not a financial advisor, and I personally own some ARRY stock. This opinion is the product of public information and my own professional experience - I don't have access to any confidential intel on ARRY. [link] [comments]  |
| Posted: 02 Nov 2021 06:40 AM PDT Rocket Lab is an American aerospace company that went public on the NASDAQ on the 25th August 2021 at $10.43/share. It is currently trading at $14.33/share. They have launched 20 times (18 successful) putting 105 satellites in orbit. https://www.rocketlabusa.com/ Rocket Lab has two main businesses: as a launch provider and satellite manufacturing. Launch Provider: Rocket Lab's current vehicle is called Electron. It is a small-lift vehicle capable of putting 300kg into LEO (Low Earth Orbit) at $7.5 million launch cost. The purpose of a vehicle this small is as a dedicated ride for small satellites, which historically have had to ride as secondary payloads on larger vehicles. A dedicated, small-sat launcher priorities these customers who have had to wait years to hitch a ride on a medium to heavy lift launcher when there was room. The only operational competitor to Electron is Virgin Orbit's Launcher One (500kg to LEO at $12 million). However, there are a multitude of companies promising small sat launchers at a smaller cost such as Astra (630kg to LEO at $2.5 million, although this rocket has failed to reach orbit 4 times it is getting very close), Firefly's Alpha (1000kg to LEO at $15 million, again this vehicle failed to reach orbit the one time it was launched) among many others preparing for their first launch. The launch market is not that elastic and it is clear not all of these vehicles will survive in the market. So, Rocket Lab has begun to embrace reusability to lower launch costs for Electron by catching the first stage out of the air with a helicopter, an unusual approach, but one that negates the need for heavy landing legs on the vehicle. The company's upcoming vehicle is Neutron, a medium lift launcher capable of 8000kg to LEO. Nothing is known about Neutron's design, except that the vehicle will be 'nearly 100% reusable'. Rocket Lab plans to have it operational by 2024. If the rocket lives up to expectations, there will be a duopoly on the medium lift market: Neutron and SpaceX's Falcon 9. This is far more sustainable than the small lift launch market. This rocket is also at the size to be feasible to launch satellite constellations, of which there are many in planning. Rocket Lab has also said that Neutron will be capable of human spaceflight. This is incredibly exciting and presents huge opportunities for government contracts and tourist missions as SpaceX is currently the only American entity capable of putting humans in orbit. Space Systems: Rocket Lab, SpaceX, and every other launch provider have all realized the same thing: there isn't actually that much money in launching satellites for customers. SpaceX has negated this by becoming their own customer by launching hundreds of Starlink satellites to become and internet provider. Rocket Lab has also moved into the place where in the real money is in the industry: satellite manufacturing. Along with acquiring two companies for selling both software and hardware to other companies, they have developed their own 'kickstage' called Photon (starting to see a naming pattern?). Photon is genius as Electron would never be able to send a satellite to the Moon, Mars, or beyond as it is simply to small. Instead they launch a satellite on Photon to LEO. Then, Photon can transport that payload to anywhere in the solar system. It is like a third stage that is launched with the rocket instead of part of it. The important thing here is that it can launched on other vehicles. If Falcon 9 or any other rocket can't get a customer's payload to it's required destination due to any multitude of reasons, Photon can be launched with the payload to complete the mission. This could be a huge revenue driver for Rocket Lab in the future. Financial Results: Rocket Lab did an Investor Presentation for their first half of 2021 which included some impressive numbers. In one year, they have gone from a $5.9 million deficit to $3.9 million gross margin, while increasing R&D spending by 156%. Their space systems revenue have also increased to 18% of total revenue from 3% last year. The gross margins for space systems is a ridiculous 65%, and I only expect their revenue to grow from here. Their net loss has decreased from $31 million to $23 million in the last year. Investor Presentation: https://s28.q4cdn.com/737637457/files/doc_presentations/2021/09/Rocket-Lab_1H-2021-Financial-Results_FINAL.pdf In my opinion this stock is a very strong buy due to huge potential for growth and the company's ability to access multiple parts of the aerospace market which is forecasted to double by 2030. The new space race has begun fellas, and this time it's between companies. I think Rocket Lab has a part to play. Disclaimer: This is not financial advice. I hold 7 shares shares of RKLB because I am a student and I have no money. [link] [comments]  |
| China Stocks Delisting From US Puts $1.1 Trillion at Risk Posted: 02 Nov 2021 04:48 AM PDT Some 248 Chinese companies listed on US exchanges will be forced to delist within three years if they fail to fall into line with US audit norms that Congress has ordered the Securities and Exchange Commission to enforce. The companies have a combined market capitalisation of $2.1 trillion – equal to about 3.7% of US market capitalisation. There's no sign China will bend. On the contrary, it's issued new regulations since July that prohibit Chinese companies from complying with US audit requests. Caught in the middle are American and international investors in Chinese companies. https://www.asiafinancial.com/china-stocks-delisting-from-us-puts-1-1-trillion-at-risk [link] [comments]  |
| What’s going on with PayPal (PYPL)? Posted: 02 Nov 2021 07:29 AM PDT PayPal has been slumping ever since previous highs from earlier this year and has not been following the market lately. I think they've had something like 9 red days in a row. I know they barely missed on Q2 earnings this summer but I didn't expect this much of a drop. It's slowly pushing toward $220s range after eclipsing $300 earlier this year. The FinTech industry has slowed this year, but Square has held much better than PayPal. Thoughts? [link] [comments]  |
| Long term stocks for UGMA account Posted: 02 Nov 2021 12:49 PM PDT Hello all. As the title says I was wondering what suggestions you would have for a long term holds in my daughters UGMA account. She's under a year old so she wont have access for 21 years. Right now, I divide her funds 50% between SWPPX and 50% between various stocks (NVDA, DIS, etc.) Any suggestions would be appreciated! [link] [comments]  |
| Where to invest 5k for a year?? Posted: 02 Nov 2021 07:44 AM PDT Got an extra 5k randomly and curious what are some opinions on where to park it and let is sit. Not worth is to me just having it sit in my savings account doing nothing. Will be used as a piece of a down payment on a future vehicle in early 2023. Have a good mix of safe and risky stocks at the moment but would like to stick closer to the safe side/minimal risk. Thinking about just dumping it in MSFT and adding to what I have and maybe gain 5-10% but let me know what you would do. [link] [comments]  |
| Posted: 02 Nov 2021 09:04 AM PDT So I probably made the worst investment possible a couple months ago purchasing 3k worth of Visa stocks. I bought them when it had a small dip, thinking it would go back up, but instead it went down to extreme numbers. I just don't quite understand why Visa is doing so poorly, I had thought this would've been a trustworthy, small risk stock. I haven't sold them yet, but I'm down several hundreds as of now. I know this is a broad question, but is there faith of Visa going back up? Or will it only get worse from here? Thank you in advance. [link] [comments]  |
| Corsair repords 3rd quarter financial results Posted: 02 Nov 2021 05:33 AM PDT Third Quarter 2021 Highlights Net revenue was $391.1 million, a decrease of 14.4% year-over-year. Gamer and creator peripherals segment net revenue was $139.3 million, a decrease of 13.8% year-over-year. Gaming components and systems segment net revenue was $251.9 million, a decrease of 14.8% year-over-year. Net income was $1.8 million, or $0.02 per diluted share, compared to net income of $36.4 million in the same period last year, or $0.40 per diluted share. Adjusted net income was $16.3 million, or $0.16 per diluted share, compared to adjusted net income of $48.5 million in the same period last year, or $0.54 per diluted share. Adjusted EBITDA was $27.6 million, a decrease of 56.6% year-over-year. [link] [comments]  |
| For those investing in all 3: TESLA, PALANTIR, AND UPSTART, please enter! Posted: 02 Nov 2021 01:37 PM PDT For those investing in all 3: TESLA, PALANTIR, AND UPSTART, what else are you investing in? ------------------------------------- I feel like we might have similar tastes in investing in data/ai/crypto companies that make revenue with having competition 10 years behind, so I am open to knowing what else you are investing in that might be worthwhile.Please let me know! Thanks! [link] [comments]  |
| advice on non-tech diversification of heavily tech-oriented portofolio? Posted: 02 Nov 2021 12:17 PM PDT i have a heavily tech-based portfolio: STOCKS: NVDA - 12.04% NET - 9.73% MRVL - 1.97% AAPL - 1.82% AMD - 1.81% OTHER - 42.47% (FB, MSFT, GOOGL, AMAZN, NFLX, TSLA, NIO, SQ, SHOP, CRSR, DKNG, PLTR and lower percentages for smaller companies in autonomous driving and chip manufacturing) CRYPTO: ETH - 8.76% TRX - 1.4% NEO - 1.28% MIOTA - 1.26% OTHERS - 16.28% (BTC, ETC, ADA, MANA, DASH, XTZ, ZEC and so on) currently makes stable 1.5-2% every day. i am 24 yrs old, i study computer science. i work full time in a tech company and have a few passive income strategies in place. i am very familiar with tech companies, their goals and visions. but the rest of the market is something i am just getting my head around, mostly because it is not my cup of coffee in terms of other markets and their behaviors. i am looking for diversivication outside of tech and crypto. any pointers appreciated. [link] [comments]  |
| looking at metromile before earnings. credentialed actuary here Posted: 02 Nov 2021 12:55 PM PDT I am a credentialed actuary at a top name auto insurer so I know a little bit about this stuff. Metromile is leveraging a few cutting edge things and seeing how far they can go with it. The most significant technique in the last 10 years for auto insurance is telematics. Basically the safe driver discount we see all the commercials for. Progressive was first out of the gate with this and look at their 5 year chart (pretty good return). They are trying to take telematics to a whole new level and do pay as you go insurance. I think this strategy could attract a lot of customers who are dollar savers in expensive states who don't drive a lot and have good credit. The savings could be substantial. But it depends on who they attract. People can switch insurers due to "holes" in models and that insurer will lose a lot of money because they're priced wrong (example look at Kempers recent results - no longer focused on growth and focused on profit or taking rate basically and seeing who stays). The industry term for metromile is "skimming the cream" or taking peoples best customers cause you think you can outprice them and still make a profit. Additionally metromile is working on lowering expenses. This is the magic of GEICO who is #2 in the nation. They have expenses figured out and can keep more of every dollar and outprice so many insurers. So if they figure out how to keep expenses low like using AI automation this could help growth due to good pricing. TLDR - metromile is market disruptor business model at interesting oversold time before earnings. [link] [comments]  |
| $TSLA owners, what are your moves? Posted: 01 Nov 2021 02:20 PM PDT Between Feb & Sept last year, it's clear that the price will come back down after some profit taking and when things calm down. I'm long, in at $343, and TSLA has blown past all my short term expectations. I have more money than I ever thought I would at this stage in my life & I'm not sure whether taking profits at this level is the smart move. I was in at $50, sold way too early in 2019, and I don't want to miss out on future gains again. I also don't want to ride it all the way down like I did in Feb-May. For me things have gotten a bit ouf of hand, it's grown to 45% of my portfolio and I don't feel mentally prepared to managed this much money. What $cb are you guys in and what are your moves? How do you plan on managing your position? Edit: thanks for the all advice everyone. I'm probably going to hold. I need to stop looking at short term gains. I might use a smaller account to buy dips and sell highs like u/Excited4MB suggested Edit 2: Did you guys see Elon's tweet? Hopefully it didn't kill the momentum [link] [comments]  |
| Gaining Visibility on Paysafe (PSFE) Parts 2-4 Posted: 02 Nov 2021 06:25 AM PDT Here are Parts 2 - 4 of an article addressing the main bear arguments on Paysafe. Part 1 covers Paysafe's outlook on growth, and an expected miss for Q3ER. I recommend starting with the introduction in Part 1, and following the links if still interested. 2. DebtPaysafe's recent acquisitions (two of which now completed) have spawned several misleading claims using faulty numbers to generate doubt about the company's ability to manage debt. For example:
After paying down $1.2 billion in debt in Q1, Paysafe used its two notch credit rating upgrade from Moody's and S&P to reorganize remaining debt, extend maturity and significantly lower average interest rates, reducing interest expenses by $70 million. The result, inclusive of new debt from acquisitions: credit upgrades were reaffirmed along with a $305 million revolving credit facility and the company will save around $43 million in annualized interest expense.This means forward debt-related costs are on track to drop by more than half, from an estimated $165 million in 2021 to less than $80 million in 2022. Combined with $84 million in other non-recurring merger-related expenses, that's over $160 million in cost reductions going forward.Strong free cash flow and over $160 million in reduced costs can go a long way to quickly paying down debt. Add in the expected acquisition growth synergies and the company's quoted path to a 35% EBITDA margin, and the picture looks even better. Management noted, "the deal synergies and our growth profile will allow us to de-lever quickly and meaningfully make progress in 2022 towards our target of 3.5 times adjusted EBITDA." The very realistic potential of 17-18% revenue growth could attain that target ratio in short order.All this points to sustainable deleveraging, paving the way for more growth through M&A. (It also doesn't hurt that the company stands to take in more than half a billion cash from outstanding warrants, which will directly benefit enterprise value and inorganic growth potential.)Carrying large debt is extremely common in the Fintech sector and Paysafe is by no means an outlier here. (Square, Repay, Fiserv, Shift4, Affirm, Bill and Paysign all have worse debt/EBITDA ratios and most of them still have negative earnings). In itself, debt leverage is not a bad thing, particularly if it's manageable and generates more growth. That definitely appears to be the case here. 3. ProfitWhen considering how Paysafe is setting itself up for future profit potential, here are some points worth underscoring:
4. FloatThe number of institutional funds owning PSFE has grown from 187 to 300 over the last quarter. At this point, nearly all the major funds hold shares at a cost basis much higher than the current price. These include Wells Fargo, Blackrock, Citigroup, State Street, JP Morgan, Francisco Partners, Naya Capital and noted fund managers like Dan Loeb (Third Point), David Tepper (Appaloosa), Aaron Cohen (Survetta), Seth Rosen (Nitorum) and Leon Cooperman, (who personally owns over a million shares). Notably, most of these investors bought shares before Paysafe's recent history of value creation. Cross-referencing the most up to date record with older filings, some estimate the true available float is between 70-80 million shares. For what has historically been a low beta stock, theoretically, a reduced free float influences the proportionate affect of true short interest and could cause the stock price to move faster. Links to the rest of the article can be found in Part 1 once they are complete. Let me know if you'd prefer a single post of the entire article. [link] [comments]  |
| Posted: 02 Nov 2021 05:51 AM PDT So it seems DELL is shedding its 81% stake in VMWARE and I was wondering what exactly this means for the two companies? I have no positions in either but what exactly happens to shareholders? In premarket DELL is currently down -48.66%, and VMWARE down -17.42%, how come they are down so much? [link] [comments]  |
| I found my old Walt Disney stock certificate. How do I track down my shares? Posted: 02 Nov 2021 02:08 PM PDT It's from 1989. It was a gift from my parents when I was 6. I've tried calling computershare who is the company that deals with this. They couldn't find it. They said try missingmoney dot com. I can't find anything on there. Any other suggestions?? [link] [comments]  |
| Activison Blizzard Earnings Report! Posted: 02 Nov 2021 02:07 PM PDT Activision Blizzard meets expectations in Q3 2021, but stock tanks thanks to two big game delays. Both Diablo 4 and Overwatch 2 have been delayed and won't be released next year. The stock is down 10% after hours.
Activision Blizzard earnings beat expectations on bottom line, but misses on Q4 outlook (yahoo.com) [link] [comments]  |
| Which tools or apps (non broker specific) do you use to track technicals Posted: 02 Nov 2021 11:08 AM PDT Hello everyone, I am wondering which tools or apps are you guys using to track technicals on stocks? I am not interested into broker specific tools as I do not plan to move (currently on questrade and satisfied). I track rsi and bollingers amongst a few others. I use Alphaquery but its not always as fast as I would want, and i would rather have an app than mobile website. Basically curious what others are using, thanks. [link] [comments]  |
| Entry level advice for newer traders Posted: 02 Nov 2021 08:12 AM PDT Hej r/stocks, I have a simply question. As someone recently getting into stocks & trading, i've been trying to find ressources to learn the basics from. Not advice on what to buy - or, atleast not specific advice as such, but more of a basic coverage of stuff like EFTs, dividends, obligations, how to properly diversify (or competing theories on the matter). So, if you could advise someone to either read a specific book, watch a lengthier introduction, or simply on something that really made the difference when you started out, what would that be? (that someone being me, fairly new to the game). And since it's for me i'd like to add that i've got a high ranking uni-degree, so it doesn't necessarily have to be dumbed down or anything, but still entry level. Regards, a new player to the game [link] [comments]  |
| Tax Loss Harvesting - Curiosity Posted: 02 Nov 2021 10:32 AM PDT So I am curious other opinions on this topic. I have such a diversified portfolio and structured it in a way to be advantageous to tax loss harvest. What are some peoples tips or tricks they go for. Right now, I will change tax brackets and owe more than I'd like if I don't tax loss harvest. I plan to wipe out a lot of gains using this strategy for the new year. I guess the question is, are others using this strategy and what are some good tips from veterans. [link] [comments]  |
| You are subscribed to email updates from Stocks - Investing and trading for all. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment