Stocks - r/Stocks Daily Discussion & Technicals Tuesday - Dec 07, 2021 |
- r/Stocks Daily Discussion & Technicals Tuesday - Dec 07, 2021
- Kellogg to permanently replace striking employees as workers reject new contract
- TSMC and Intel Get Into a Rare Public Spat Over U.S. Chipmaking
- Rocket Lab to Launch Three Dedicated Electron Missions for Earth Imaging Company Synspective
- Here is a Market Recap for today Tuesday, December 7, 2021. Please enjoy!
- We are ~2% away from ATH and going up
- And... Welcome to New ATH
- Cathie Wood to Launch a New ETF. It Tracks a Transparency Index
- Recovering from a ~40% loss over one year
- Shopify Stock (SHOP)
- A company where I’m largest majority at 7% went gray or dark. What can I do?
- CHPT Q3 Earning
- Great growth stock(s) that isn’t tech ?
- If you were a gambling man, where would gold go in 2022?
- How are huge stock transactions executed?
- Is it worth getting into stock trading with a low principal amount?
- C3. AI worth buying now?
- As a future social worker what should I do?
- Tax Question On Gain From Sale
- Discussion on semiconductor industry situation
- INTC buy at market today?
- If you're speculating about a market crash, stop. Investing subs have been infested w people who've been in the market less than 5 yrs.
- The greatest wealth transfer in history?
- Thoughts on Altisource Portfolio Solutions? (ASPS) Seems like their stock price would surge if there are more foreclosures in the future?
- Shareholder Yield
- Nvidia's Rebound after the news of US Suing
| r/Stocks Daily Discussion & Technicals Tuesday - Dec 07, 2021 Posted: 07 Dec 2021 02:30 AM PST 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] |
| Kellogg to permanently replace striking employees as workers reject new contract Posted: 07 Dec 2021 07:53 PM PST Kellogg said on Tuesday a majority of its U.S. cereal plant workers have voted against a new five-year contract, forcing it to hire permanent replacements as employees extend a strike that started more than two months ago. Temporary replacements have already been working at the company's cereal plants in Michigan, Nebraska, Pennsylvania and Tennessee where 1,400 union members went on strike on Oct. 5 as their contracts expired and talks over payment and benefits stalled. "Interest in the (permanent replacement) roles has been strong at all four plants, as expected. We expect some of the new hires to start with the company very soon," Kellogg spokesperson Kris Bahner said. Kellogg also said there was no further bargaining scheduled and it had no plans to meet with the union. The company said "unrealistic expectations" created by the union meant none of its six offers, including the latest one that was put to vote, which proposed wage increases and allowed all transitional employees with four or more years of service to move to legacy positions, came to fruition. "They have made a 'clear path' - but while it is clear - it is too long and not fair to many," union member Jeffrey Jens said. Union members have said the proposed two-tier system, in which transitional employees get lesser pay and benefits compared to longer-tenured workers, would take power away from the union by removing the cap on the number of lower-tier employees. Several politicians including Bernie Sanders and Elizabeth Warren have backed the union, while many customers have said they are boycotting Kellogg's products. Kellogg is among several U.S. firms, including Deere, that have faced worker strikes in recent months as the labor market tightens. [link] [comments] |
| TSMC and Intel Get Into a Rare Public Spat Over U.S. Chipmaking Posted: 07 Dec 2021 06:35 AM PST Intel Corp. Chief Executive Officer Pat Gelsinger has been saying that it's risky for the U.S. to rely too heavily on Asian chipmakers. He's argued that the American government should only subsidize domestic players with the new $52 billion CHIPS Act. Gelsinger hammered away at the same point again last Wednesday, saying that China's military threat against Taiwan makes the island "unstable." On Friday, TSMC fired back. It was the first time that I, or any experts I talk with, can recall the Taiwanese giant admonishing a customer. "Not too many people will believe what Intel says," TSMC Chairman Mark Liu told reporters on the sideline of a tech forum in Taipei. He added that TSMC does not attack its "peers." Previously, TSMC executives have almost always described Intel as a "customer" rather than a "peer," as a show of respect. "It will be very negative for the United States to subsidize only American companies," Liu said. "Unlike Intel, TSMC is very positive about non-U.S. chipmakers expanding capacity in America. It is a great thing. This shows our decision two years ago [to build a new fab in Arizona] is correct." [link] [comments] |
| Rocket Lab to Launch Three Dedicated Electron Missions for Earth Imaging Company Synspective Posted: 07 Dec 2021 02:40 PM PST https://finance.yahoo.com/news/rocket-lab-launch-three-dedicated-211500392.html The first two missions are scheduled for lift-off from Rocket Lab Launch Complex 1 in 2022, with a third to follow in 2023. Each mission will deploy a single StriX satellite, growing Synspective's synthetic aperture radar (SAR) constellation developed to deliver imagery that can detect millimetre-level changes to the Earth's surface from space, independent of weather conditions on Earth and at any time of the day or night. These new missions follow on from Rocket Lab's first launch for Synspective in December 2020. The mission, named 'The Owl's Night Begins', saw Rocket Lab's Electron launch vehicle deploy the StriX-α satellite – the first spacecraft in Synspective's planned constellation of more than 30 SAR satellites designed to collate data of metropolitan centers on a daily basis to support urban development planning, construction and infrastructure monitoring, and disaster response. During 'The Owl's Night Begins' mission Rocket Lab performed an advanced mid-mission maneuver with its Kick Stage to shield the StriX satellite from the sun to reduce radiation exposure ahead of payload deployment. The Kick Stage will once again perform the maneuver for the new upcoming missions. Flying as a dedicated mission means the StriX satellites will be the only payload on board Electron, giving Synspective control over launch schedule and enabling specific LTANs1 not achievable when flying as one of many satellites on large rideshare missions. Rocket Lab founder and Chief Executive, Peter Beck, says: "We're honored the Synspective team has once again chosen Electron to grow their StriX constellation. We recognize the importance of dedicated orbits and custom mission parameters for constellations, and we're delighted to deliver a tailored launch and integration service to the Synspective team once again." Synspective founder and CEO, Dr. Motoyuki Arai, says: "It is a great honor to collaborate with Rocket Lab, which is evolving from a rocket venture pioneer to an experienced launch service provider with the successful Strix-α deployment to orbit. We are very grateful for their flexibility in accepting our requests on the satellite's orbit and launch period. Synspective has already begun operating its first satellite and providing solution services, and is now entering a phase of business expansion. StriX-β, the second satellite following StriX-α, will demonstrate Interferometric SAR (InSAR) technology in orbit and deepen satellite-operation know-how, which are strengths in our business expansion. We will accomplish this mission and steadily achieve results to enhance global efficiency and resilience." [link] [comments] |
| Here is a Market Recap for today Tuesday, December 7, 2021. Please enjoy! Posted: 07 Dec 2021 01:52 PM PST PsychoMarket Recap - Tuesday, December 7, 2021 Wrote this on Friday's Recap: "On a personal note, I am taking this opportunity to do some very small dip buying. As usual I believe the market is overreacting (as it tends to do). While it is important to acknowledge the risks present in the market, and be prepared to act if they arise, I personally believe Omicron fears are overblown (I remember we had the same song and dance when Delta was first discovered). More concerning is the Fed's change in attitude towards inflation. That said, the only thing discussed so far has been accelerating the timeline for tapering asset purchases. As I have said for months at this point, I am not worried about tapering. If/when the Fed begins discussing raising interest rates, then I will step back and reassess." My point with highlighting is this: the market loves to overreact. Do your own research, stick to your convictions, never listen to mainstream media, but be prepared to react to anything. The market loves overreacting, both to the upside and downside, reality is always somewhere in the middle. Stocks extend gains from yesterday with a huge bounce today after new Omicron data coming out of South Africa suggests the severity of the variant is less than originally expected and looked ahead towards the monthly Consumer Price Index, set to be released later this week, which will give us more information regarding the pace and potential staying power of inflation. In other news, the People's Bank of China recommitted to accommodative monetary policy in the country in an effort to stimulate growth. This is notable at a time when other Central Banks across the world are tightening policy. Notable Numbers Today
Some encouraging developments about the Omicron variant helped boost risk assets today. During an appearance on CNN today, Fauci said that preliminary data and reports coming out of South Africa, where Omicron was originally discovered November 24, suggest the severity of the virus is not as bad as originally feared. Fauci said, "Clearly, in South Africa, omicron has a transmission advantage. And although it's too early to make any definitive statements about it, thus far it does not look like there's a great degree of severity to it. But we've really got to be careful before we make any determinations that it is less severe, or really doesn't cause any severe illness comparable to delta, but thus far the signals are a bit encouraging regarding the severity." China's Central Bank cut its capital reserve requirement ratio for banks in the region, meaning they could lend out more money and boost growth. This is interesting given most other Central Banks around the world, including the US, have started tightening monetary policy. After a massive 25% spike in the Volatility Index (VIX) last week, the fear index lost all its gains in two trading days, a sign that market participants remain bullish and eager to buy up any dips in the market. Alongside concerns of the Omicron variant, investors have also been ascertaining when and how robustly the Federal Reserve will move to accelerate its asset-purchase tapering program and raise interest rates from their current near-zero levels as inflationary pressures continue to mount. On Friday, the Labor Department is set to release its November Consumer Price Index (CPI), which is expected to show the fastest year-over-year rise in core consumer prices since 1991, at a 4.6% annual gain. Tech and growth stocks are the longest-duration assets, which means they're going to be the most negatively impacted in valuation by any bump up in inflation which would take interest rates up. But on the other hand, what the Fed is doing and is even talking about doing, which is going from accommodative to more restrictive monetary policy, is known." Highlights
"Don't judge each day by the harvest you reap but by the seeds that you plant." -Robert Louis Stevenson [link] [comments] |
| We are ~2% away from ATH and going up Posted: 07 Dec 2021 02:32 AM PST S&P is about 2% away from ATH and futures are up 1.25% Past 2 week have been rough, especially for growth stocks. However it seems like Dec may be another bull run. Even Chinese stocks are trying to rebound. Are you bullish? [link] [comments] |
| Posted: 07 Dec 2021 08:16 AM PST Back October when we had that slight downturn, everyone thought that was the crash. At that time, I predicted VOO to be at $420 by Christmas. We blew past that. Now we had the recent downturn where "this is it". Again, we are hitting all time highs. Stop coming here and stating the doom with the gloom. Dollar-cost average and stop worrying about the market. You're wearing yourself out for nothing. [link] [comments] |
| Cathie Wood to Launch a New ETF. It Tracks a Transparency Index Posted: 07 Dec 2021 10:17 AM PST Cathie Wood's ARK Investment Management is revving up to launch its second new U.S. exchange-traded fund in almost three years this week. The ARK Transparency ETF follows the Transparency Index (TRANSPCY), which tracks the stock price movements of the 100 most transparent companies globally. It is ARK's ninth ETF, and begins trading Wednesday on the Cboe BZX Exchange. "ARK believes transparent companies have less friction which could lead to exponential growth opportunities," the company wrote in an investment factsheet. The Transparency Index's top five holdings as of Oct. 31 include Cloudflare ( NET) , Bloom Energy (BE), Enphase Energy (ENPH) , Tesla ( TSLA) and Spotify ( SPOT) , according to ARK. Wood became a high-profile manager after her innovation-focused portfolios surged in 2020, with the investment firm's flagship ETF, the ARK Innovation ETF (ARKK), delivering a 153% return that year. She became especially well-known for her bullish call on Tesla -- a call she has since reiterated, saying she believed the stock could reach $3,000 by 2025. The investment products have since struggled to outpace last year's gains, trading mostly sideways in 2021. The Innovation ETF is down nearly 25% this year, and the worst performer -- the ARK Genomic Revolution ETF (ARKG) -- down 31%. Only two of ARK's ETFs have risen year-to-date -- the Israel Innovative Technology ETF (IZRL) and the ARK Autonomous Technology and Robotics ETF (ARKQ). Just like most ppl on this sub back in 2020 I was a big ARK bull, but after seeing how they've performing since Feb '21, I've sold off all my ARK funds. I personally won't be investing in this new ETF, what about you? [link] [comments] |
| Recovering from a ~40% loss over one year Posted: 07 Dec 2021 08:16 AM PST Hello, This is just my experience investing for the first time during the last year and a half. Probably all very basic, but it's been such a ride for me and wanted to share today's milestone of finally not being in the red anymore. The start I started investing in July last year. Tried to learn as much as possible before doing so. Started with £600 but quickly kept adding more and more to £10K and beyond. The debacle Some investments were just moving sideways, which is quite boring, especially if you are constantly looking at your account because you are new and learning, so even though I was convinced and had strong evidence that they were going to go up -and they eventually did-, I started trading to make a few bucks every day. It worked for most of of the trades and little by little I could afford one or two additional shares with the same money. Then the big jump up came in and got me out. Missed an about 25% jump (from 80 € to 100 €), then jumped in just to see it collapse. I lost a lot -to me- of money. Only two wrong trades resulted in an overall of over -£5K, out of the ~£12K total investment I had done up until then. Not only that, the process was painful. Sleepless nights making up things in your mind, anxiety and stress because if you don't buy/sell at the right time then you are missing out. And, of course, you cannot time that. So it affected my sleep and health a bit over that time, and more so after losing money that you had before. You cannot undo it and you feel stupid. And to just recover you now need to have even higher percentual gains. The recovery After contending with the idea of just giving up investing entirely, I switched to long term investing. Did some research and moved everything into AAPL when it was at around $130. I kept adding as I could, and never again sold to trade (or sold at all). I could comfortably forget about it and didn't even care if it went up or down in the short term, because I was committed to stay in for years or decades. In fact, sometimes I could sympahtise with people wishing AAPL went down momentarily just to add more to what they already had. It's been a ride and taken a while, but today I can say I am so happy to not be in the red anymore. Feels so rewarding, and definitely a day I thought would take perhaps 5 or more years to arrive, instead of just about one. I know this might seem like a smaller amount of money and time to many of you, but just wanted to share my experience after one year and a half investing. I am glad I didn't give up and was patient. I am well aware of the fact that things can go up or down from here, but I am so glad I recovered from all the losses. Conclusion This is just my experience and I cannot give advice since I am not an expert, but what worked for me is to really focus more on actually investing in a company you trust and think long term, rather than trading and trying to make quick money (you definitely can, but you are also more likely to lose). Thanks also everyone for the discussions in this forum, which were very helpful along the way to understand how things work. Take care and good luck. [link] [comments] |
| Posted: 07 Dec 2021 08:57 PM PST I wanted to get some thoughts on this stock long term. I've researched Shopify and they seem like a solid long term hold, but I am no expert. Recent earnings shows 46% top line growth in Q3. Total e commerce sales is relatively low at like 14% in the US. That Number is steadily growing by a percentage point each year. I think they have a long steady road of growth ahead of them. Shopify is already the second largest e commerce company behind Amazon. Millions of business are using them and would be hard for competitors to make them switch at this point. They have an amazing balance sheet with extremely low debt and high amounts of cash. I can't find anything bad about the company itself and it's growth prospects. The main bear case is that the valuation is too high. PE is like 57 with Market cap of 190 billion. What are you thoughts on this stock using a 5 year Minimum timeline? Disclaimer - I do not own any SHOP shares. It is just an intriguing company I have been watching. [link] [comments] |
| A company where I’m largest majority at 7% went gray or dark. What can I do? Posted: 07 Dec 2021 08:25 PM PST Apparently I own a majority stake in a security bond at 7%. This makes me the largest share holder to date for their security certificate bonds. They are in default. And in bankruptcy They went delinquent yet have over 100M in the Bank accruing interest. What can I do to protect my investment and make this go current? Can I force hostile actions? [link] [comments] |
| Posted: 07 Dec 2021 01:55 PM PST
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| Great growth stock(s) that isn’t tech ? Posted: 07 Dec 2021 11:47 PM PST I'm 22 years old and I started investing during the pandemic. The journey has been great so far (save me the "everyone is a genius in a bull market", I know), but I think my portfolio is a bit too exposed to tech stocks. Now, some people might say that tech is the future and I should keep putting my money into AMD, NVDA, MSFT, etc. The thing is, I've gotten a bit uncomfortable with huge swings so I'm looking for a bit more stability while still aiming for growth. Do you guys have any recommendations ? I know etfs are great so feel free to recommend some as well ! [link] [comments] |
| If you were a gambling man, where would gold go in 2022? Posted: 07 Dec 2021 07:38 PM PST Prices are still near an ATH since the spike in 2020. Where do you see prices going in 2022 beyond? Gold is inverse to REAL interest rate yields (not nominal interest rates). I suspect the feds quicker then normal taper and interest rate increase will spook the markets including gold and the market will drop (including gold). What do you think? [link] [comments] |
| How are huge stock transactions executed? Posted: 07 Dec 2021 10:35 PM PST Say an Institutional Investor placed a SELL Order for $400 million worth of units of a Single Stock. If the order is executed, the stock being sold will take a nosedive. A number of huge transactions take place everyday, but we don't see them nosedives as frequently. How are these mega trades executed? [link] [comments] |
| Is it worth getting into stock trading with a low principal amount? Posted: 07 Dec 2021 04:55 PM PST I just opened my first brokerage account. While I have read into investing in the past, I haven't ever done more than just managing my 401k. I want to start trading a bit more actively, although not quite daytrader status. My plan is to throw $50 from every paycheck into the account and try to build from there. I'll be adding more funds as I'm able to but $50 is kind of the bottom figure I've decided on. I also plan on throwing in some from my anticipated tax refund this year. I know most people will just say "throw it into an index fund/ETF and forget about it" but I like the idea of being a bit more involved. But I'm wondering if it's even worth doing it until I build up a decent capital ($1000+?). Anyone have words of wisdom, advice, or anything really to help me decide if it's worth it to start trading given the above scenario? [link] [comments] |
| Posted: 07 Dec 2021 04:35 PM PST What's your opinion on this stock? I have been watching for a while and I think it's worth buying now. It has got a really good revenue growth (quaterly yoy 40%), beat earnings consistently this year, the amount of shorted stocks reduced this month by roughly 10%. Its price to book is slightly under 3 which is good for todays times. It has a decent price target of 58 next year. Asset to liabilities wise its extremely healthy(Debt to Assets 11%) . The amount of puts has decreased drastically with massive amounts of out of the money calls at 45 and 50 strike added recently. Generally, they provide AI for business, so what's there not to like. Grateful for opinions. Full disclosure, bought some today. Ticker: AI [link] [comments] |
| As a future social worker what should I do? Posted: 07 Dec 2021 09:21 PM PST I've been racking my brain trying to figure out what to do. I have a Roth IRA and I have a taxable account. As a future social worker I won't be making 70,000 a year for the most part at most as of now around 50,000 give or take some. So my question is should I invest in a taxable account for growth? Or just keep adding the ETFs (VTI) into my Roth IRA? I want to have extra income given I won't have a lot do to my career choice. So I think adding to the taxable account is the right move, but I don't know. Any advice would be helpful. And thank you for your time. [link] [comments] |
| Tax Question On Gain From Sale Posted: 07 Dec 2021 06:58 PM PST I understand in a brokerage you pay taxes on capital gains and it varies by your income tax bracket and if it's short term vs longer term. What I'm looking to clarify is if you sell, do the capital gains count as income? So if I'm making $35k per year and sell $10k in capital gains, and if there's a $40k tax bracket, will that bump up my income tax rate? [link] [comments] |
| Discussion on semiconductor industry situation Posted: 08 Dec 2021 12:41 AM PST The chip shortage has been going on for more than a year now, but most of the semiconductor industry has only started reacting very recently as orders and revenue have been growing massively. It looks like the chip shortage might soon be over and that the companies have started to adapt to the massive demand. In my opinion, the market is presenting a lot of investment opportunities and the growth of semiconductor companies all around the world (like Intel, TSM, Qualcomm etc...) has only just started. Any thoughts on this? [link] [comments] |
| Posted: 07 Dec 2021 09:45 AM PST Intel is it a good time to buy or wait for a pullback. Unfortunately last week I was going to buy Intel it $49 per share. Today they announce that they were going to do a spin off of Mobileye. Did I miss that window of opportunity? Or is today's value of $53 a good buy in price. I viewed Intel as a stock that was good to hold for both income/growth. Knowing that they have been making big investments in the chip space. So it probably is still relatively priced cheaply. Buy at the market price right now or put a limit order in for $51 [link] [comments] |
| Posted: 06 Dec 2021 05:34 PM PST It's surprising to see so many people speaking about the market considering they opened their accounts very recently. I'm not saying you can't express your opinion, that's what we're here for, it just gets a little annoying when people freak about the market. Settle down, you're an investor, not a gambler. Take your ass to r/wallstreetbets for that. I'm in it for the long term, decades. (Mid thirties) Been investing since high school, started in 2004 [link] [comments] |
| The greatest wealth transfer in history? Posted: 06 Dec 2021 12:01 PM PST This is in response to a comment earlier about millennial buying the assets boomers are selling. If we are talking about current stocks I would argue the opposite is happening. Stocks are so expensive (both in P/E and nominal pricing). Because housing and stocks weren't truly allowed to collapse during covid millennial are buying assets at high valuations when recessions are normally times for generational wealth transfer. As Boomers are more in wealth preservation they are not at as much risk from a market collapse as younger people are at this point. I think the way millennial will become the wealthiest generation in the world would be through inheritance. This of course will mean that a specific few millennials will be extremely wealthy and the less fortunate will have to deal with the consequences of astronomical debt. We see repeatedly that federal government is inclined to cut taxes on the wealthy and corporations and cut spending on social and infrastructure programs that benefit the many. [link] [comments] |
| Posted: 07 Dec 2021 04:24 PM PST I came across this company's stock over a year ago and I've been watching it ever since. Their stock did very well during the 2008 financial crisis and surged from $14 to $167 or so from 2009 to 2012. But their stock price obviously got crushed in the last decade due to the booming housing market and recent foreclosure moratoriums. The stock price recently has finally started showing some bottoming and bullish moves after the moratoriums were ruled unconstitutional. They seem to be the ones that handle the auction process for foreclosures. Im in a small position and have to admit I don't fully understand the company and thought it's worth entering a small position. I got in really low around $8 and it's already at $11 or so. This is not financial advice and please do your own research. Let me know what you guys think. Thank you for reading. [link] [comments] |
| Posted: 07 Dec 2021 08:34 PM PST Looking for a tool where I can look up shareholder yield for different companies. I have Yahoo Premium and Morningstar but looking up this information is harder than it should be. Upon Googling, I didn't find anything useful. Where do y'all look up this info? [link] [comments] |
| Nvidia's Rebound after the news of US Suing Posted: 07 Dec 2021 11:19 AM PST Yesterday I noticed that Nvidia Slipped to around 300 bucks after news of the Lawsuit. The EU is already investigating; not sure if they are suing, and looks like the investigation is paused. Is the EU in a "Wait and See Mode" for other countries' findings? Or is it some other reason that caused them to back off? With the US lawsuit news Nvidia shed some value, but they seem to have rebounded. Are they accurately valued? Is there a correction to be had? Or was yesterday's dip, just do to nervous investors? With that quick of a turn around; might we see a 20 - 30 percent jump with RTX 4000 series parts? [link] [comments] |
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