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280 | 4 | Does anyone else have own any ZROZ stocks? | null | 2 comments | 2023-07-13 | I got into this treasury index after covid and have been holding since, wondering if there are any follow investors that have/had a position and what they are doing with it. I am personally thinking of selling it and putting the money into a larger bank instead. | 2023-07-24 |
281 | Vote | Hi, Reddit! I’m Master Sergeant Kristopher Tomes. I’m a PJ in the U.S. Air Force Special Warfare and have been a part of numerous lifesaving missions across the world. I’m looking for the best of the best to join our team. I’ll be answering questions on Wed, 7/26 at 12:30 p.m. CT. Ask me anything! | https://alb.reddit.com/cr?za=lMCjhJwEaFKmPc-8i8vMgVM9NfC8N5zIQL6zoaMtHQW_eowlhNLKi6KPGm3iUQmNBmiq2ChnvN0FS3SxJTxq2FAPPS0s9d30mXp8AnonSkG-5JZgCZB23MfBUgOrjnI6TawSR4sl3hYILc9-YlKRMOu2Mbrc44X9L6f846VowP6IuG1lt1ljOlQ39YlUjuYA4INfy7SAtTkDhz6QH4FMDxMvjx6PePNdgGk5Xuty_0VZ2dv_5Y-s8LSHE50kSckFZ5nm6PaKJDnerOpxOVYCPmSl-Q29IJeKQurcwzNTS4RFNG3Axsz7OjPDq2e1Ljm68U6E1mtiIIgrsR_JanoV0sWM4IcJBt-B0RXNwaCVtu1ohoKI82cs7NEj0kwCUy00&zp=487aLIMQksPqwkBFdqXYG1rsuHWIp05boQfh0KQ6BtSk_tCnrWG-7l2sPLAFEyc70nO9VeDSfFX8-AEXIHBKttIj617yWNabeiGBS6gY01JHlHE-s2Cgli9ww7oB_vo6BoVM_-hYshgLopBXQ4qG6ZSaW46XGW_KeWou5S-Ta_i99nwliVm6ZUOq5hqSU0FtqqY2NCQPTOCVmixNgp_yPYV1qCEWSDQsJ1PGFs6p7kiw0zfVB0zOnV87Kau5bYYbr8tQjpar5pXYZxIXA5B9CSy-bVlAP5kgByB3BKvIRfl-OLSD0nkSgh3jG9JdJ-Np9-YOGMrwpYwUXtCEnA | 0 comments | null | null | 2023-07-24 |
282 | 8 | (7/13) Thursday's Pre-Market Stock Movers & News | null | 0 comments | 2023-07-13 | Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Thursday, July the 13th, 2023-Stock futures tick up after S&P 500 notches highest close since April 2022: Live updatesStock futures rose Thursday after the S&P 500 closed at its highest level in over a year. Markets also looked ahead to another key inflation reading.Futures tied to the S&P 500 rose 0.4%, while Nasdaq-100 futures added 0.7%. Futures connected to the Dow Jones Industrial Average gained 75 points, or about 0.2%.Disney shares added more than 1% after the entertainment giant extended CEO Bob Iger’s contract through 2026, two years longer than planned.Stocks surged Wednesday after a cooler-than-expected June consumer price index report eased some worries that the Federal Reserve may tip the economy into a recession as it fights to bring down sticky inflation.The S&P 500 and Nasdaq Composite jumped 0.74% and 1.15%, respectively, to hit their highest closing levels since April 2022. The Dow Jones Industrial Average added 86.01 points, or 0.25%.Fundstrat’s Tom Lee told CNBC’s “Closing Bell: Overtime” on Wednesday that today’s CPI print, future expectations for easing and recent stock activity paint a market that is “behaving more like a soft landing” scenario that many deemed unreachable at the start of 2023.“I think the Fed has to sort of start to accept that this is indeed a breakdown of inflationary pressures, and so, they may potentially then reduce their notion of higher for longer, or the market begins to price it in,” he said. “That’s not a guarantee, but again, we believe that’s the case.”Investor attention turns toward the producer price index, another key inflation gauge due out Thursday. The results could heavily influence future central bank interest rate hikes and decipher the road ahead for inflation.After a pause in June, traders are pricing in a more than 92% chance of that the central bank hikes rates at its policy meeting later this month, according to CME Group’s FedWatch tool.The early innings of second-quarter earnings season continues Thursday with results from PepsiCo, Delta Air Lines and Fastenal before the bell.STOCK FUTURES CURRENTLY:(CLICK HERE FOR STOCK FUTURES CHARTS!)YESTERDAY'S MARKET MAP:(CLICK HERE FOR YESTERDAY'S MARKET MAP!)TODAY'S MARKET MAP:(CLICK HERE FOR TODAY'S MARKET MAP!)YESTERDAY'S S&P SECTORS:(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)TODAY'S S&P SECTORS:(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)TODAY'S ECONOMIC CALENDAR:(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)THIS WEEK'S ECONOMIC CALENDAR:(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)THIS WEEK'S UPCOMING IPO'S:(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)THIS WEEK'S EARNINGS CALENDAR:(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)EARNINGS RELEASES BEFORE THE OPEN TODAY:(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)THIS AFTERNOON'S AFTER-HOURS EARNINGS CALENDAR:(CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!)EARNINGS RELEASES AFTER THE CLOSE TODAY:(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES!)YESTERDAY'S INSIDER TRADING FILINGS:(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)TODAY'S DIVIDEND CALENDAR:(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)(N/A.)THIS MORNING'S STOCK NEWS MOVERS:(source: cnbc.com)(TO BE POSTED LATER THIS MORNING.) — (TO BE POSTED LATER THIS MORNING.).STOCK SYMBOL: SPYCLICK HERE FOR CHART!(CLICK HERE FOR LIVE STOCK QUOTE!)FULL DISCLOSURE:/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.DISCUSS!What's on everyone's radar for today's trading day ahead here at r/stocks?I hope you all have an excellent trading day ahead today on this Thursday, July 13th, 2023! :) | 2023-07-24 |
283 | 4 | Easiest way to compare companies financial statements? | null | 3 comments | 2023-07-13 | Is there a way to compare several companies FS within the one page, or will I always have to manually search for each companies?I like to invest small amounts in a large amount of companies. This can make comparing financial statements a bit of a hassle sometimesThanks for any help | 2023-07-24 |
284 | 0 | Sold a stock for a loss, and bought again(Wash sale) within 30 days, but holding until mid 2024. | null | 6 comments | 2023-07-13 | Hi. If I sold a stock for a loss, and bought again within 30 days, I know it's considered a wash sale. However, would there be any tax complication if I do not sell the position for capital gains or capital loss until mid/late 2024?Would it also affect my profit/captain gains whenever I do sell it?For example, I bought the stock for $300, and sold for a loss of $26. I recently bought it again within 30 days for $1200, and won't be selling it until mid/late 2024. Will there any complication with this tax wise on the 1099 when I file my taxes next year since I initially sold it for a loss of $26?Thank you for helping :) | 2023-07-24 |
285 | 3 | Selling a LTG and then immediately rebuying to balance a LTL | null | 7 comments | 2023-07-13 | I was just curious if this was thought of as a good idea. While I am up on the year overall, I have about 20k in LTL from some things I dumped. I was curious if it's ever deemed as a good idea to balance that by selling 20k in LTG, even if I intend on rebuying that same stock immediately after? I figure it would just remove some of the tax burden in general.Just looking for advice, no idea if this makes sense or if there is something better I should be doing. Thanks! | 2023-07-24 |
286 | 1 | Need some help creating a GENERALIZED portfolio some what new | null | 10 | 2023-07-13 | I would like some cheaper stocks that have potential and more established stocks similar to Apple Amazon etc..
I am also highly interested in EV not only the vehicle manufacturers but the suppliers For lithium ion etc..
I am curious if Ford GM etc will pick up and eventually be able to compete with Tesla and China
Also any and all suggestions would be GRAND!! | 2023-07-24 |
287 | 0 | Put a small position in SNOW today | null | 12 | 2023-07-13 | First reason is that it is trending up. I never buy a stock unless it is trending.
Second is I’m computer programmer and have worked in big data for 20 years. The main issue with big data it is really hard to handle in house. Most places don’t have expertise to manage the hardware, backups, data indices, scaling etc. The IT managers want product that is easy to manage and is scalable. Snowflake seems to be easiest solution from hassle perspective.
Data needs continue to grow. There is no data like more data.
Company is said to be overvalued but seems tech is perpetually over valued. | 2023-07-24 |
288 | 0 | Selling private company shares
Advice Request | null | 6 | 2023-07-13 | Hi, I'm considering cashing out a big block of shares of a private space/internet company run by a well known megalomaniac visionary. How does one typically go about finding a buyer? Does anyone with experience with transactions like this be willing to share how it all goes down? | 2023-07-24 |
289 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=5aaxOmrmGK-ac-ylVPkqeBHEmNA_R17bxNuQzcO0tSD3eWMVc_HCXklmFrWgiq3JLj_ZFbfpUgZGJX_VGSfI7H45hBwhVXTIZQgCMaxpsMAUZzXUd1f2EB75tEOkPAD1Yg-hPW_XsmBM6CA_rKuEVtxJKNWfXaYWbDKKsQNO0ZNvjIK_bE1rpJN0re37Q_3aIiX-vl5_Ja6vewp-iFwJOj_FbdLnHTfMGJfPhbpOJaOSnZQNVggkJQqng_sbLbzEwb_ltK_UNbHgJGx9vz41Ox-muFjN9DGMdCVxwxvgq8ikRqiz39uJvbdvvZ2nchJUQmu76dTWaY-WvlxPekfSrSypf9IIKu4_3fjxcIPZJeDt8njOYBDdBhKJvnhOLzwz8bQ51w&zp=jWffjLm1p1EghQT2MvEbTUOZjN3bjYT7qFwk0k-OYitrjhAjRWzYE0miEHx0ZOQ4ha62vcqX44et_OmaVvvjZ-5aJw6LzpA7fOOobjUf7G_advUhsOP4D0uhhflsAfJLryHPhSXdt8zpnB5E5MqA4_3iqNTAqAz82miiPeDbm_I-LM7BrXSfZ8M3iIGh_pxu | 0 | null | null | 2023-07-24 |
290 | 3 | What’s going on with #AUR Aurora Innovation? | null | 11 | 2023-07-13 | A company mission and CEO (Chris Urmson) that I believe in, but it’s not yet profitable and awaiting to commercialize in 2024. However, their stock has went up 150% in a month. I’m up 100%. Now I’ve always considered it a risky play, obviously, and was okay with that. However, recently I’ve been wondering if I’ve made the wrong decision… Any input or advice? What my thoughts are: -Sell now and take profits, since it might be short-lived. Although I believe in it and was thinking it’s a long term play that might 5x or more. -Wait, since perhaps there is something cooking behind the scenes?
Anyway, new to investing, non American, and financially not doing great (this money i invested is not needed though) | 2023-07-24 |
291 | 0 | Is it possible inflation has its own inflation?
Advice | null | 21 | 2023-07-14 | Basically my question is: is it possible that the rate of inflation suffers from its own rate of inflation such that what is considered “normal” inflation continues to get larger over time?
My understanding is that we shoot for 2% yearly inflation as that is considered healthy but I’m curious if it is arguable that as the economy continues to exponentially expand, maybe the normal rate of inflation increases as well? Hopefully this isn’t a dumb question. Also would prefer this subs perspective cause the economy sub is kinda trash | 2023-07-24 |
292 | 9 | Is there any hope for Paramount?
Company Discussion | null | 26 | 2023-07-13 | (PARA) Do you think it's a lost case or can It be saved? There's a lot of talk about how the only way to be saved is for someone to acquire Paramount. It would make sense for a big media company to potentially acquire, as Paramount has millions of dollars of useful assets*.*
Net income and RE are down as well, YoY. There's no indication of sustainable capital growth. Fundamental margins are slimming.
Things are looking down... | 2023-07-24 |
293 | 28 | Long term QQQ holders, are you planning to continue hold/add after the rebalancing on July 24? | null | 39 comments | 2023-07-12 | Hey! I am 28 and have about 40% of my Roth in QQQ. Since I am a bit young, I am fine with having a risky-ish portfolio but after the news of QQQ rebalancing, I am wondering if I should look elsewhere.I don’t pay attention to company news as much, just hold VOO and QQQ in my Roth but after this news, I was curious what this community thinks.Thanks! | 2023-07-24 |
294 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=H4H1DHY4fTTI2ra8mDkwRcDGO_5sxyrUaI_-KIRreQULdD0mXswDybVXllxlq9X6KXReApzE9-fr94eN2TCiAoWeUDtszuudn9jIxnNRrwwDRuSsMJWAtYgmkAAoiIhBs4iux6x9jtrEIpSM4hiF73cw_-4hXrnVfqQsETo6eYLtpIu9boMI9BJd6GpX_hBN3B7hEnnMYTUHlqbskxY_ATo846P9AcDfveNqFNsAPUNo7eDYFFCbjHCA49_qbMpHqjjAJcYVBUfCvpHW5cj3FxwKPnhnomDeXVG-Uu6vsIiAjVGu2lv54sdoHFD-NU3f_ll-5BSROPN0hwyINu3IbMklvVl1CmCL2Hw_DL43iiVuR3N9yYWnsFzzYWIsyQ&zp=hMSUBt7-Ikr9wLL8mULrtxX0DrlXJPfPuBM67D5WYno7FUpVmf4ahaR9SxUjSiEI457WnrNmw4YBni_J5DEOpLM4DjNL5lr2V4QfXxS6L8qPH8TnhDuHTCFzSOamwlwZVYyrEQHWRZEPdgWwTE_DyfXKngiO2lwF_3t8872EI5yCcQZCPh_w7YAHw6c | 0 comments | null | null | 2023-07-24 |
295 | 7 | Discussion About What's to Come | null | 20 comments | 2023-07-13 | I'm actutely aware that this is all speculative but I'm interested in a discussion/other people's thoughts on the next couple months/rest of 2023.7 months into the year and we've had 6 green months so far (assuming July doesn't take a turn for the worse here in the latter half). I hardly find that sustainable with the state of how things are currently. What's the catalyst for a change in direction or keeping the status quo?Understanding the past cannot predict the future but also imo it would be foolish to ignore the past....I remembered reading an article a few months back that said (and I'm paraphrasing) that the S&P 500 on averages raises ~10% after the last rate hike. Is this the where we are today? Yes Powell said there are more hikes to come but minds have changed in the past.This made me curious on how the market correlates to rate decreases as that's eventually in our "nearish" (interpret that how you'd like). From what I'm seeing, generally the market decreases as interest rates decrease as well (I'm looking at the fed funds effective rate chart on the St Louis fed website). I don't see this as the market is decreasing because the fed funds rate is but rather there is/are other determintal things happening in the economy (potentially from rates being too high) that's causing the rate to be lowered and also the market.So where do you think we stand in the present? | 2023-07-24 |
296 | 0 | Fed Beige Book: Auto industry is hurt. Short what stocks? | null | 2 comments | 2023-07-13 | District general retailers, auto dealers, and hospitality contacts reported mixed business activity and a slightly negative outlook. A Little Rock auto dealer reported that business activity was down slightly as bank financing continues to tighten.Auto purchases remained subdued in most District states. Credit standards continued to tighten for all loan types, loan spreads narrowed, and deposit rates moved higher. Delinquency rates edged up. Contacts cautioned that the average loan-to-value ratio on outstanding used car loans has risen to about 120 percent, presenting potential risks to the auto finance market.Auto sales remained unchanged across most Districts. Auto inventories rose slightly but remained below pre-pandemic levels, with contacts noting that railcar shortages were slowing deliveries of vehicles to dealers.Beige Book was Released Yesterday: July 12, 2023 | 2023-07-24 |
297 | 0 | Should I sell anytime i’m up 10+%? | null | 31 comments | 2023-07-13 | My portfolio is up 11.14% overall right now. Most of my investments are in ETFs (Under 1 year)(AVUV, QQQ, VTI, VUG, VXUS). I have been dollar cost averaging these ETFs since December 2022 and was planning to end by December 2023. I am up 20% on QQQ and 14% on VUG. I have read and heard that ETFs historically return about 10% every 10 years. With that logic i’m wondering if I should sell what i’m up on right now. I also have some individual companies such as META i have some shares in (over 1 year) that i’m wondering if i should sell. META is up 35%. Thoughts? | 2023-07-24 |
298 | 72 | What is going on with Hershey (HSY)? They are down over 13% since May | null | 113 comments | 2023-07-12 | Is it entirely due to the increase in cocoa prices as a result of the heavy rains in West Africa? It seems strange for a company with great fundamentals to fall this much in 2 months without any news specific to that company | 2023-07-24 |
299 | 14 | Investing podcasts | null | 19 comments | 2023-07-12 | Hi folks, was wondering if anyone had any podcast recommendations for investing, how to read 10k's, stock picking etc. Any way to up skill my current point, which is absolute beginner. Any suggestions welcome, thanks in advance | 2023-07-24 |
300 | 4 | Thoughts on healthcare ETFs | null | 9 comments | 2023-07-13 | Is it a good idea to invest in healthcare companies such as JNJ, ABBV, UNH? Or is it better to invest in healthcare based ETFs, such as VHT. The healthcare sector is down currently, but it will always be around. I’m looking for some advice, thanks! | 2023-07-24 |
301 | 5 | What are some upcoming events you’re looking forward to? | null | 6 comments | 2023-07-12 | Curious if anyone has any events/potential catalysts for a stock/s that they’re looking forward to. I suppose something more than just a standard ER, unless it’s cause for some good +/- movement. Maybe closing a deal, medical trials ect.I’m looking forward to a launch June 14 from RKLB. Also seeing if ZEV has increasing production for their vehicles. Anyone looking at the MSFT ATVI deal? Just got another court appeal in case you missed it. Could use some good pharma info, too.Thanks for the discussion. | 2023-07-24 |
302 | 3 | Trade worldwide with a broker you can trust! Your capital is at risk. | https://alb.reddit.com/cr?za=lvFzkP1CZm1sz7pB2GOBItKA0h3zzOMHbxmJmjBCtFrFnBuSCjgiR3ZqD0jYSe-bBgAEF0EPQWkdX3YkzT8NaLV0XTZKSM4gaeD2M_qgFWMMOG4LYO9k_-RcEvhWmEY7bButOsnDketQReXekaS3xQpLS9QDDyllg8jsR7OaW4HoYWuXrySpExZZLPHiRAUdaCJfzEmygBuxhUWeeWact2-TBqVX0tdX7jjvlYbTn5PV7SL_ZexvhXKjkNMfjJuZ_zD76G3HMm-8zYaUy1dxw9uqH7XkAhWAjcoF7X8OwZ9rZSnEcnlI4cPht82mG62sTW1_OLcenQRqveUTj_yob9j6MYKJHvHDg7KNNu284A9rJMedN3neIzbD7T7v-ycNjLgrp8Ph&zp=ekReGXGrtX5qNx0f8YhHtKlYtGRh0TvMG7x4n7tgGteOkOBxkNnQ3yTA3Hel32MfYx0KTPlihIo2qgQGlbTzLkpSxRK-kFGQruY5ug1EI2xuHNNtDqjv9SW_NK1-u42AnpFjTHAp76hWQOAki6wHjZsAgIP33pmWxQ79duVde5J5akcZPcz3LSx8I9K_OWWn6cz8GvCJ_15JTtU6uxQj-ldNkPdayY_zAnTNWAoqFy3zi8AAoro5-Qo-H2oHxwOtH36YuQ | 0 comments | null | null | 2023-07-24 |
303 | 15 | Healthcare investing: CVS or UNH? | null | 31 comments | 2023-07-12 | Curious to hear which of the two you would choose to hold long term?I’ve been eyeing on HC stocks as they continue to decline, and am looking to enter long term positions. UNH’s earnings Friday can be a good time as it will give us a sense of direction where HC is headed to.While UNH has been a more consistent performer and CVS has been accepting more debt in time of high interest, CVS also has much lower PE and a higher dividend which makes the decision more difficult. Which would you go with? I’d like to pick one instead of buying both as I prefer concentrated investing. | 2023-07-24 |
304 | 7 | Nasdaq is making a big change to its most popular index. Here’s how it might impact your portfolio. | null | 2 comments | 2023-07-12 | Nasdaq announced late last week that the Nasdaq 100 _ will undergo a special rebalancing that will take effect prior to the market open on July 24. It’s only the third time that Nasdaq has announced such an impromptu rejiggering of how much individual stocks contribute to the index. Although Nasdaq can also reconstitute the index regularly every December, and there’s also a mechanism to rebalance every quarter as well. In a statement announcing the move, the exchange alluded to the fact that the largest companies in the technology sector have too much sway over the index’s price. Nasdaq said special rebalancing can be implemented “to address overconcentration in the index by redistributing the weights.” The rebalancing comes at a critical time. The Nasdaq 100 has risen 40% since the start of 2023, largely thanks to the “Magnificent Seven,” a handful of megacap technology names that have powered much of the U.S. stock market’s rally this year. These gains have pushed the index to its highest level since mid-January 2022, meaning that Big Tech has now retraced nearly all of last year’s losses, and might soon be headed for the all-time highs from November 2021. As of Thursday, the Magnificent Seven stocks — Nvidia Corp. _, Apple Inc. _, Microsoft Corp. _, Amazon.com Inc. _, Tesla Inc. _, Meta Platforms Inc. _ and Alphabet Inc.’s Class A _ and Class C _ shares — accounted for 55% of the Nasdaq 100’s market capitalization, while the top five names account for more than 45%. According to Nasdaq’s official methodology, the goal is to keep the aggregate weighting of the biggest stocks below 40%. In fact, it’s possible that Tesla Inc. surpassing 4.5% of the index earlier this month triggered the Nasdaq’s rebalancing announcement, according to analysts from UBS Group AG _. Exactly how it plans to accomplish this isn’t yet known. Nasdaq said the new weighting scheme will be unveiled on Friday, likely after the U.S. market close. But the UBS team has an educated guess. The quarterly reviews would dictate that the aggregate weight to securities exceeding 4.5% be set to 40%. If that’s the approach Nasdaq takes, then we’d expect the weights of Microsoft, Apple, Nvidia, Alphabet, Amazon, and Tesla to be reduced,” the team said in a note shared with MarketWatch | 2023-07-24 |
305 | 1 | tax regime for ADR share dividend | null | 0 comments | 2023-07-13 | hioverseas investor here. i hold shares of HIMX which is traded as an ADRi got dividend on that stock and there is 0 tax deduction?im confused, on regular shares of american companies, i get taxed at 31.81% on dividends?can anyone explain why ADR dividends are tax exempt? | 2023-07-24 |
306 | 1.9k | Bank of America accused of opening fake accounts and charging illegal junk fees | null | 348 comments | 2023-07-11 | https://www.cnn.com/2023/07/11/investing/bank-of-america-fake-accounts/index.htmlFederal regulators accused Bank of America on Tuesday of harming customers by double-dipping on fees, withholding credit card rewards and opening fake accounts. The Consumer Financial Protection Bureau ordered Bank of America (BAC) to pay more than $100 million to customers and $90 million in penalties. The Office of the Comptroller of the Currency also ordered Bank of America (BAC) to pay $60 million in fines.Some of the allegations are reminiscent of the Wells Fargo scandal last decade that involved opening millions of bank accounts without customer authorization. “Bank of America wrongfully withheld credit card rewards, double-dipped on fees, and opened accounts without consent,” CFPB Director Rohit Chopra said in a statement. “These practices are illegal and undermine customer trust. The CFPB will be putting an end to these practices across the banking system.” | 2023-07-24 |
307 | 12 | Inflation data good; FED Speak still hawkish and rate hikes still coming. | null | 6 comments | 2023-07-12 | In June, further strides were made in the ongoing battle against inflation. However, these developments do not necessarily alter the likelihood of a Federal Reserve rate hike later this month. Consumer prices recorded a 0.2% increase in June, falling below the expected consensus of 0.3% and bringing the twelve-month change down to 3.0%. While this might suggest a recent rapid moderation in inflation, a closer analysis reveals that this is primarily attributed to the outsized price jumps witnessed last year.Notably, the inflation rates of 0.9% in May 2022 and 1.2% in June 2022, which are now rolling off the year-on-year comparisons. As history has shown, a surge in inflation is often followed by a period of minimal movement, as observed in July and August 2022. Consequently, it is likely that the twelve-month inflation readings will re-accelerate towards the end of the summer.When combined with the resilience of the US labor market, these factors provide a compelling rationale for Powell and the Federal Reserve to maintain a tight monetary policy in the months ahead. A closer examination of the latest report reveals that energy and food prices both rose in June. After excluding these components, “core” prices mirrored the 0.2% overall increase, while the twelve-month comparison declined to 4.8%. Once again, housing rents emerged as the primary driver within the core categories, rising by 0.5% in June. Although rental inflation has moderated since the rapid pace observed in the second half of 2022, both actual tenant rents and the imputed rental value of owner-occupied homes continue to grow at or above a 6% annualized rate across three-, six-, and twelve-month timeframes. These figures are noteworthy, as they contribute to one-third of the overall index weighting and have been significant contributors to the persistently high inflation experienced over the past two years. Going forward, we anticipate rents continuing to generate inflation as they catch up with the soaring home prices witnessed in 2020-21.Several categories experienced declines in June, exerting downward pressure on core inflation. Airfare (-8.1%), hotels & motels (-2.3%), and used vehicles (-0.5%) were among the contributing factors. Meanwhile, a subset category closely monitored by the Federal Reserve, known as the “Super Core,” which excludes food, energy, other goods, and housing rents, remained unchanged in June, marking its lowest monthly reading in nearly two years. Over the past twelve months, prices within the Super Core category have increased by 3.9%. The moderation in inflation this year can be attributed to the deceleration of money supply growth, which had surged in 2020-21. The M2 measure of money is currently down 4.0% compared to a year ago. Although it remains to be seen whether this trend will persist, if it does, it could eventually bring inflation back in line with the Federal Reserve’s target of 2.0%. At present, the Federal Reserve has made some headway in its fight against inflation, but it is essential to acknowledge that the battle is far from over. | 2023-07-24 |
308 | 11 | Investment Advice Needed | null | 35 comments | 2023-07-12 | I am in my mid 20s and started a “moonshot” portfolio with a 20k principle. The original thesis is a venture capital approach where i invest in 15-20 companies and hold them until i am 40-60 yrs old. Most will go under, but hopefully the homerun picks will greatly outweigh the principle.Problem: 20k is only 2.5% of my total invested capital. I realized i spread myself too thin and the gains i am already getting on some picks (i.e exact sciences up 180%) is not moving the needle with only 1.2k invested in it as principle.Should i consolidate money into top picks and bear more risk? | 2023-07-24 |
309 | 6 | Generating alpha | null | 19 comments | 2023-07-12 | Wouldn’t it be so much easier to beat the market if you held like 95% VOO and then have the remaining 5% be stocks that have historically beat the market? It gives you a much higher chance of outperforming. | 2023-07-24 |
310 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=c34ygfT_1h2qPFyl-tAYwGL3Y4xP2BJSbzaE1lMNvFgIBntERxr0lknxKeiycqNE3ipSAP3nNj0CWN0gUtqy2681NFz5xcdFK9g31-l_QtmdMFeLuJL8WBzow8bE6fLmSW4K_12QWvhGbBpA18wMGCCFzShZneJK7kF5UCBYl6cXZcZBvsNRqm3rkIyCalX1JAyqdDQrG1e_SOULCR6lJNl55iS3F6RiatBMvSm_If4zuHQc3QOoX7PHClz-x5T5iPQpsMAG7Leldd3eaCliELXEAgKML7VinuR91CLTQe7qNoWYLax6BiajVxQOBOAFdt5WoxGP7271hl2qpG0D6l4UqUHdmH5TC-LgwEacIct_aQz59LmodCnYYdty3HaL6Km0ag&zp=E2dm_sFbo9NxwSQLgc2Tt2ISCkURIhaVdByiaCfT9gsjP2Ah4XxAlynETl2deh4QSj16ABMb-2pZJtGLfBJKxbk6Jr4YJTRF__atYRVd8MeTRpYasSc_-n5I1qMM5BHABzkjSwqmUtgziPZWeerZ1E0HJ6UzbouzjlU6cyI7VWRKNX5MxKD1QHg3VNPRXd5A | 0 comments | null | null | 2023-07-24 |
311 | 4 | Sold a stock for loss, bought the same stock and sold for capital gains | null | 10 comments | 2023-07-12 | Hi. I recently sold a stock for a loss last week(it's a wash sale), then I bought it again and sold it for capital gains.Are there any complications to this tax wise besides the initial loss that won't be allowed for writing off as tax loss? | 2023-07-24 |
312 | 5 | Thoughts on RCM Technologies (RCMT)? | null | 2 comments | 2023-07-12 | Staffing company providing services to companies in the US, Canada, Puerto Rico, Serbia; specialist health care, management, information technologies, engineering. Founded in New Jersey 1971. Had a crazy run from spring -22 to summer -22 with an increase around 300 %, benefited from an increased demand due to COVID. Then dropped down gradually until late march -23. Now up around 67 % last 3 months. Current P/E is around 10. | 2023-07-24 |
313 | 41 | Robinhood 24hr trading | null | 61 comments | 2023-07-12 | Can anyone explain this to me? I truly am having trouble understanding how we’re able to trade certain securities 24 hours. Is it only trades inside the brokerage with each other? Or are these securities being traded through the entire NYSE? If it is through just the brokerage, wouldn’t the volume be significantly lower compared to NYSE that the price could potentially be extremely volatile/susceptible to extreme movements until 930 when the market opens and the price is diluted back to the broader market price? Additionally, what would any of these movements overnight trading mean in relation to futures? Especially SPY/QQQ?To clarify: in the terms of service it specifies your order will go through a market center, that may not necessarily have as competitive/same price as other overnight market centers. The terms acknowledge the lower liquidity, higher volatility and specifics of orders placed. But I do not understand how the market center that Robinhood routes your 24 hour order through works. Is the stock exchanging hands over night or limit order for at open. | 2023-07-24 |
314 | 15 | r/Stocks Daily Discussion Wednesday - Jul 12, 2023 | null | 479 comments | 2023-07-12 | These daily discussions run from Monday to Friday including during our themed posts.Some helpful links:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsIf you have a basic question, for example "what is EPS," then google "investopedia EPS" 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.Please discuss your portfolios in the Rate My Portfolio sticky..See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
315 | 3 | Weighted Average Changed - Exchange Rate? | null | 4 comments | 2023-07-12 | Hi all,Very basic question here but I noticed recently my average investment in a stock changed recently. Let’s say it was sat at an average of $100 it is now $102.I deal in the UK so GBP. Is this because the dollar is rising against pound sterling?If the dollar continues to increase against 1GBP then the average will automatically go up and if it goes down so will the average?Thanks. | 2023-07-24 |
316 | 4 | Why do dividends from my mutual fund start out at a loss?
Industry Question | null | 5 | 2023-07-12 | Hey everyone,
Im new to mutual funds and have one through fidelity on FFANX. Yesterday was our dividend day and I have mine to automatically reinvest.
The dividends paid and reinvested were $308.45, and the fund raised $.05 yesterday, but dividend/order says I lost $48.24 and it doesn’t seem like my value went up by $308. It says my average cost basis was $13.81
Can someone tell me a litttle bit about why they started out at a lost, or why they’re all locked in the cost basis when I originally purchased the fund? | 2023-07-24 |
317 | 103 | Started Investing 9/2021 and Finally Break Even | null | 107 | 2023-07-11 | I can't believe that things can turn around so quickly.
I never buy stock prior to September 2021. When inflation was high at that time, I decided to dump all my cash into stock market and thought it would hedge inflation. I paid for a stock pick service and bought all stocks from their recommendations. I bought SHOP at $1500, UPST, SNOW and ZS at $300, CRWD and DOCU at $280, TTD at $100, TSLA at $800, HUBS at $600, ROKU at $120...
Since 11/2021 the Fed started to crash the market. I kept on DCA, but the more money I added the more I lost. On 12/31/2022, my loss was around 65% at $800,000. I was unhappy and mentally stressed the whole time and did not think I can recover the loss one day.
On 2023, my portfolio started to turn around. All the holdings I have through 2021-2022 are 2X to 4X from the bottom. Recently both my realized and unrealized gain/loss are finally positive with a whopping +219% gain TYD. I still cannot believe how quickly it turns around. I feel I am extremely fortunate.
I wrote this post just want to share my feelings with all bag holders. When you feel there is no light at the end of tunnel, don't loss hope and keep adding money to good companies when their prices are down. Your loss will recover one day.
Portfolio and 2-year&YTD charts: https://imgur.com/gallery/kC0YiOk
===============================Update on 7/12/2023 =======================
1) To reply to several comments below about me deserve losing all my money, uneducated, know nothing and is an idiot kid with rich parents, I acknowledge that my initial investment decision and stock selection was very rash and clueless. But such comments and judgements are really not friendly to someone you don't even know in internet . Instead I grew up in a poor family and I am a first generation immigrant here without any relatives in the states. My parents combined are making $1200/month which is highest ever they make.
2) To answer the question about why I hold these stocks:
UPST
Pros: Technology is disruptive. Total addressable market is huge. They had two $300+M revenue quarters with positive net income in 2021 when they only had personal loans. Once interest rate goes down and funding constrain is loosen, with their 2 new products car loan and small loan (as well as future new products), the revenue can be $500M quarterly easily. Stock price should be doubled at least if that happens.
Cons: When funding constrain will be loosened is questionable. CEO has poor vision and is indecisive and not trustworthy.
Comments below questioned my oversized position in UPST. I have large position because I bought it at $300 in 2021, then significantly added shares at $150, $40, $17 and $12 to bring down the average cost. This year my broker paid me 22% interest to borrow all UPST shares from me for short sellers. I was happy to collect the interest thus I did not trim any UPST when price went up from bottom. The interest rate they paid me kept dropping like freefall and reached a lowest point at 5% 2 weeks ago because of less short flow. Last week my broker returned all UPST shares to me because no short sellers borrow it any more. I trimmed my shares by 6% the day before I created this post. I will trim it further if price keeps going up but given it is high potential, it will still be my largest position at 15% to 20%
SOFI
I started to follow SOFI this year and after their last impressive ER stock price dropped surprisingly so I started my position at $5s. The following day analyst downgraded SOFI because "personal loans are risky", I doubled my shares at $4s for a total of $60,000 because I thought the downgrade is nonsense. When price went up from there to $10+, multiple analysts downgraded it again with the same reason and so called good-news-already-priced-in. The price dropped by about 10% one day to below $8 in the morning but recovered all loss in the same day! This shows how resistant the price is so i added shares at $8s.
Pros: They increased their revenue by 50% YoY without their largest 2 sources of revenue - student loan and mortgage, compared with pre-COVID. With the significant increased number of users in past 3 years, once student loan and mortgage are back like pre Covid, their revenue will be 5X to 10X. It is expected to achieve net income profitability by Q4 2023. CEO has very good vision (shift focus to personal loans quickly when their main source of income was gone) and is very decisive (when he answered analysts' doubts about persona loans). CEO heavily loading shares at $4 to $6 boosted my confidence in SOFI.
Cons: Hard to give it a fair multiple because there is no comparable companies. Multiple will be low if it is valued as a bank.
IT Sector: ZS, CRWD, BILL, NET, IOT, GLBE
ZS, CRWD are pretty stable and the least expensive growth stocks among IT sector, given similar margins among companies in this sector but different scales, growth rates, P/S multiples and FCF trending. In comparison:
Companies like SNOW grow faster but P/S and employee stock compensation are way much higher (I sold out SNOW at $170s)
Companies like NET, MDB and DDOG grow slower yet their P/S are higher (I sold out DDOG at $90s)
Companies like S and IONQ grow much faster but their scales are much smaller ($500M quarterly revenue at $40% growth is more impressive then $100M quarterly revenue at 70% growth) and have indefinite timeline of achieving profitability.
That is why ZS and CRWD win out overall in this sector.
I own NET even though it is on the expensive end among IT growth companies because I work for a cyber security company which competes with NET and our management always speak highly of NET
IOT is very expensive but they are also very close to profitability and have a large total addressable market. They are the leader in their industry. What makes them different from other IT companies and deserve higher valuation is that the more a customer spend with them, the more the customer may save on their operating expense so it’s a win-win, thus existing customers will be willing to spend more voluntarily.
BILL is another least expensive growth stock in this sector likewise, though their product is nothing innovative and can be easily replicated.
GLBE is getting expensive with recent 1-month straight up run regardless Nasdaq is up or down. But I don't know any other player in the market that offers the same product as GLBE
Also if valuation multiples are similar, I prefer tech companies whose existing customers can spend more with increasing usage/units/endpoints/etc (e.g. ZS, CRWD, IOT, SNOW, MDB, SHOP) over companies that sell software at a flat annual price (such as project management or human resource management software e.g. TEAM, ASAN, MNDY, HUBS - I can be wrong on these 4 companies because I simply looked at their products without checking their ER). Of course companies with higher recurring revenue deserve higher premium.
Healthcare Sector: TMDX, HIMS
TMDX: product is a game changer - In the past, when a donor donated a live organ, the organ had to be stored in a freezer and is good for only a few hours, thus donor and donee have to be in the same geographical location. TMDX's device mirrors human physiology to connect to the organ to keep it alive for much longer period of time, which allows the organ to be transported to a different geographical location.
Their growth rate and valuation are both very high. Their stock price has highest ceiling in next 1-2 years among all my holdings. It’s the only company that I own will not be impacted by possible incoming economic recession.
HIMS: unbelievably cheap. Major concern is regulation (though it has never happened so far). Stock price fell after the last ER because analysts criticized their sales and marketing spending which is non issue to me. Their recurring revenue is 90% so the money they spend in sales and marketing is a good investment to me.
Healthcare sector did not have a run like IT sector so far this year. It is probably a good time to add holdings in healthcare sector.
MELI
A stable yet fast growing company dominating south America e-commence market. Their AD revenue and fintech are growing at a very fast pace. Valuation is very reasonable. PE is high but P/FCF is low. Stock analyst Brain Stoffel has best ERs' coverages in Youtube and his analysis in twitter about this company.
DIS
I bought it because Disney brought back old CEO in hope of regrowing stock price. The CEO will do whatever to cut cost so I am willing to hold it for 1 to 2 more ERs
OPEN
I bought OPEN after their impressive Q1 2022 ER (the only net income positive quarter so far). It trended down from there because of housing market and is finally on an upward trend this year with higher and higher margin month over month. Stock price is 5X this year. Twitter account "operdoor2" has OPEN's real time sales and margin data.
Other holdings I have are big names that everyone know about what they do so I will not dig into them: TSLA, AMD, ENPH, UNH, AMZN
3) To answer if I do options, day trade, swing trade and what helped my recover.
I do not do options. I rarely swing trade in 2021-2022 because almost all my holdings were red. I started swing trading several transactions per week this year. This helped me quite a bit to recover my loss. Just to give a few examples:
I sold $80,000 ZS (and still has $110,000) 2 days ago on Monday (the day before I created this post on Tuesday) when ZS was up 7% on that day to $155 for no news. In the meantime, MELI was down 15% in 2 days because of an analyst’s downgrade (the reason in the downgrade is really a minor issue). This is a 22% (15+7=22) swing so I trimmed ZS and doubled my MELI shares. As of today Wednesday, all shares I added to MELI on Monday are green.
Today ZS is down by nearly 15% to $130s from $155 just 2 days ago because of the news about Microsoft being close to release a product to compete with ZS, I added 100 shares ZS today while most of my other holdings are green as I don't think it is that easy and quick for MS to have any impact on ZS.
Why I had such large percentage of positions nearly $200,000 in ZS prior to the trimming on Monday? It’s not because I have higher conviction on it over other IT stocks I own, it’s because from 2/15 to 5/1 this year, ZS dropped from $140s to $85 and kept on hitting a new 2-year low over and over again and was significantly underperformed than any other tech growth stocks I own or watch during that 2.5 month span (e.g. CRWD price was $120 in both 2/15 and 5/1). I kept adding shares to ZS on its way down especially heavily at $87 and $85 on around 5/1. My total shares of ZS is more than tripled after that. Fast forward to this week, I trimmed 40% of shares at $150s. So when you own 15 growth sticks, you can compare their weekly, monthly and 3-month charts and choose the worst performed stocks to DCA if there is no major company specific bad news. This turns out well for me.
Yesterday right before I created this post, I sold out my UBER position for profit taking (UBER will be a cash cow BTW so I am looking to add it back when price pulls back) and increased my shares of TSLA and AMD when both of them had 2 red days in a row this Monday and Tuesday while all my other growth stocks performed very well in these 2 days. To answer one of the comment below about my cost basis of AMD and TSLA being high - It is because in the past one month I sold 2/3 of my AMD and TSLA shares at near recent peak at $130s and $270s respectively for 30% profit taking and added them back when their prices had 5% to 15% pull back.
Whenever there is an analyst downgrade, more often than not, I feel it is because institute buyers want to load up their shares so they hammer the stock price as low as possible prior to buying. If the reason for downgrading is nonsense or minor, or are repeat downgrades using the same reasons, I add shares. This works very well for me so far. After UPST was down to $40 last year, analysts used same reasons to repeatedly downgraded it for 9 months all the way down to $12, I loaded up shares at $40, $17 and $12. Fast forward to today it’s $44.
Also post ER overreaction is a good time to add shares. I follow ABNB's last 5 ERs and their price always dropped after ER even though every ER was great (The explanation of the drop is that high valuation stocks' ER need significant beat rather than just moderate beat). ABNB stock price awalys recovered in 1-3 weeks after post ER drop. This happens every single time. I sold out $60,000+ ABNB last week with 20%-25% gain when it reached $130s. Same for CRWD last ER, it was perfect but price dropped 10% post ER, I added shares post ER and price recovered to pre ER level in 2 days. And SOFI last ER too, it recovered the post ER and downgrade price drop to raise from $4s back to $6 within 2-3 weeks (as I mentioned earlier, I opened my position of SOFI for a total of $60,000 at $5s and $4s within 24 hours post ER and downgrade)
So in short, swing trade and rebalancing (from short term winner to looser) helped me so far. Of course it is the microeconomy that drove the recovery primarily, but rebalancing and adding shares after post ER overreaction and nonsense downgrade contribute to probably 20% to 30% of my recovery. | 2023-07-24 |
318 | 169 | Ready to ditch the fax machine and embrace the future of faxing? With eFax, you can send and receive faxes right from your computer, or smartphone. | https://alb.reddit.com/cr?za=rQlQ7OdjTIpl58Ax4KJVZUinmAKKUnx-llZm6NHDvVLcx9_kuBGFmm7_ojcwT6cUF7_JmzB6Rp5oR0nUOQjEXFodF_ZqVHnI7uF-to6xbs-l69CmXtt02nSYv4xqEqPhy2jdmgSW82KC9EUJusI9lju4kn9uq4cqWS1XZLXpP5zlQMXI60iXyHAgPTTKiNS4mOB7aG5yRXQvyfQe3rrMpjxqetGrbFykco8N4IRo1shssTayfOgTbSpDfx2uYDDuj93Lmglr_6J-tG5ZLTHJZooHk_tGFqvgMAQp9kwuw3Z3F4PozJBGKb4UetbvFTSPFsGTtnnKSQz4sJH1xhVlrUREaTKDAkW4QPZpJLybYB4sDyNYpKsEFGznO3c67L7XAtfg9MEg&zp=55kqMbi2kAYwNXZJYJF8UR2EZNTm02GHlcXGQUuAve85sgupiVDbK9yKOmSo2l3BKi3KWzlfmCmflGRVYSVoSovR9YKIwTrqpugRupKn2lxVB1OEBGBJzlgxetyRGOSDx1a3jVQ0tPd7gaWQR3XrtVxGCM9BvJuR4SKodB0usHoRVCHJJax2Td5vgqdIwS-FT7F1X82lfYkxkEYYCsNB4sQkZE10gefWP-krjO862GChA3D9wvRs-cM | 0 | null | null | 2023-07-24 |
319 | 1 | Portfolio construction strategy question
Advice Request | null | 2 | 2023-07-12 | My portfolio is aggressive and heavily loaded with the megacap tech. Meta, TSLA, MSFT, and APPL all are bigger than 5% positions. Each position is stock. I am thinking about reducing my stock positions in each, moving most of that money more cyclicals or interesting funds (COWS, RSP, XLE) and replace part of the position with in the money calls. Example, I am holding $60k in META stock and $6k in META $300 calls. I am trying to keep that ratio in my bigger names. Thoughts on this? Any other strategies that you might use? | 2023-07-24 |
320 | 0 | Generative AI effect on Shutterstock and Getty Survey
Industry Question | null | 2 | 2023-07-12 | I am trying to figure out how people have been reacting to recent changes in generative AI technology and how it will affect the artistic community. It would be greatly appreciated if as many poeple could fill out this survey attached. If you are a photographer or someone who purchases stock photos or likes to make AI images this pertains to you. Or if anyone is interested in a short position on Shutterstock or Getty. Will take one minute. Thanks.
https://forms.gle/NZJaEVZBfQb1uiaM9 | 2023-07-24 |
321 | 5 | (7/12) Wednesday's Pre-Market Stock Movers & News | null | 1 Comment | 2023-07-12 | Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Wednesday, July the 12th, 2023-
Stock futures are little changed as Wall Street awaits major inflation report: Live updates
U.S. stock futures were slightly higher Wednesday morning as investors looked toward the first potentially pivotal inflation report slated for release this week.
Futures tied to the Dow Jones Industrial Average and S&P 500 futures gained 46 points and 0.2%, respectively. Nasdaq-100 futures also climbed 0.2%
Investors are eyeing the June consumer price index reading due before the bell Wednesday. Economists polled by Dow Jones anticipate the closely followed inflation indicator will rise 0.3% from May and 3.1% on an annualized basis. Excluding volatile food and energy prices, the so-called core CPI is forecasted to increase 0.3% on the month and 5% on the year.
June data for the producer price index — another well-watched gauge of inflation — is due Thursday before the bell. Both price indexes are being watched for tea leaves on the path of inflation, which investors see as potential harbingers for how the Federal Reserve will move interest rates going forward. The market is pricing in an approximately 92% chance the Fed raises interest rates at the July meeting, according to CME’s FedWatch Tool.
“Investors are looking ahead to tomorrow’s Consumer Price Index (CPI) numbers, which could show that inflation is continuing to cool,” said Chris Zaccarelli, chief investment officer of the Independent Advisor Alliance. “But if it shows that inflation is remaining persistent, ... that’s likely to force the Fed’s hand.”
Stocks finished higher in Tuesday’s session. The Dow finished more than 300 points higher, equating to a gain of about 0.9%, while the S&P 500 and Nasdaq Composite advanced nearly 0.7% and 0.6%, respectively.
Elsewhere, investors will monitor comments from central bank officials including Richmond Fed President Tom Barkin, Minneapolis Fed President Neel Kashkari, Atlanta Fed President Raphael Bostic and Cleveland Fed President Loretta Mester throughout Wednesday for any insights into the state of U.S. economic policy.
STOCK FUTURES CURRENTLY:
(CLICK HERE FOR STOCK FUTURES CHARTS!)
YESTERDAY'S MARKET MAP:
(CLICK HERE FOR YESTERDAY'S MARKET MAP!)
TODAY'S MARKET MAP:
(CLICK HERE FOR TODAY'S MARKET MAP!)
YESTERDAY'S S&P SECTORS:
(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)
TODAY'S S&P SECTORS:
(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #2!)
THIS WEEK'S ECONOMIC CALENDAR:
(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)
THIS WEEK'S UPCOMING IPO'S:
(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)
THIS WEEK'S EARNINGS CALENDAR:
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)
EARNINGS RELEASES BEFORE THE OPEN TODAY:
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)
THIS AFTERNOON'S AFTER-HOURS EARNINGS CALENDAR:
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
YESTERDAY'S INSIDER TRADING FILINGS:
(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)
TODAY'S DIVIDEND CALENDAR:
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
THIS MORNING'S STOCK NEWS MOVERS:
(source: cnbc.com)
(TO BE POSTED LATER THIS MORNING.) — (TO BE POSTED LATER THIS MORNING.).
TICKER SYMBOL: SPY
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(CLICK HERE FOR LIVE STOCK QUOTE!)
FULL DISCLOSURE:
/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
DISCUSS!
What's on everyone's radar for today's trading day ahead here at r/stocks?
I hope you all have an excellent trading day ahead today on this Wednesday, July 12th, 2023! :) | 2023-07-24 |
322 | 0 | So what is the best one? | null | 16 comments | 2023-07-12 | Not my first rodeo in stocks, but I am making a comeback. I'll be investing 50-70% of my income every check into ETFs and dividends, thinking about high yields (but they can be a trap, Interested in JEPI, SVOL) I want a one stop shop. I was a TDA customer and refuse to shop with Schwab, something about them is meh. I am looking at Fidelty and Etrade or ALLY bank/Invest. I do have a checking and savings with them. Whomever I pick, I want a CMA with them and a savings. I know Etrade has all three of them. Savings, checkings and Brokerage accounts. They have a high yeild too! With Fidelty or Schwab, I will have to buy goverment bonds with a high yeild(which isnt a issue to be honest). Cool thing about ALLY I can send money right away with brokerage account, is that the same if I pick a one stop shop? LIke if I choose Fidelty or Schwab. Also cool thing TDA had was CNBC on TOS appI do like HOOD, but someone will buy them once their business model will fail, give it time.Customer service is important, I am looking to invest by DCA. I dont want to trade, trading is for suckers. Also, do they have life insurances? I am 27 and need to look and get a policy before I turn 35.Any adivce for investing, again I can put away majority of my income away and invest. | 2023-07-24 |
323 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=yl2Be6jR-a2HVvOclkZgaZQ4fxghYvfOeiexosesoCLvThNCzHxQdlT3mT0wgshhy2rXV0g30S_bXSoemO-lRl51Ll4vy1dnv6ZsnbhK0gsAqH38se0eADtbCYwbghSjRPTseCKB_81Ok63lNumy3Gaf6_4Amv3Jo2hE8KNiwjsQTooR1Iucgfdqz3l9R7Bv7D8kXTqHPFicmweRb0zCRYkkJxHMBFXu3pT9VOQqt681ycQeN-WvifFRJNj8O8odsMBVsa1gDVYkcbSkzxYLXROwEz2YbtnHElh-NEMfyWOlX-7OwInZ4cKz7iH_M52_zgmmPbFX4_WkzlgiyhX78i-HFxcEddpl0kr9WREdK82tsTYjBCsNl0W69fdfxw&zp=zrA_eMbb5Oj-0RAbKtiKxcjm1mKSus-BkjxNt1vsidGZP2Ix8iVgookinvKVmgxU9KT1H4N8XhjilWEyZZM7aySuWx6hvMulG-xGSqYTE7QClUAKtNib_9Pfe4WiqZVE7Kzv-FtriGVvgXyJ0IafK5rfsLQOLBJ8SnqhIHr3UUivxQzv_LasTkuPXek | 0 comments | null | null | 2023-07-24 |
324 | 1 | 2023 Q2 Earnings--- How much is actually priced in? | null | 2 comments | 2023-07-12 | Does anyone else feel that volatility from inflation data moving markets has gotten less significant over time and the markets are actually more worried about 2023 Q2 earnings than inflation? I was wondering in your opinion how much earnings estimates are actually priced in to the markets.According to FactSet:- Earnings Decline: For Q2 2023, the estimated earnings decline for the S&P 500 is -7.2%. If -7.2% is the actual decline for the quarter, it will mark the largest earnings decline reported by the index since Q2 2020 (-31.6%).- Valuation: The forward 12-month P/E ratio for the S&P 500 is 18.9. This P/E ratio is above the 5-year average(18.6) and above the 10-year average (17.4).Furthermore:-As of today, 113 S&P 500 companies have issued EPS guidance for the second quarter. This number is above the 5-year average of 96 and above the 10-year average of 98.-Of these companies, 67 have issued negative EPS guidance and 46 have issued positive EPS guidance. The number of companies issuing negative EPS guidance is above the 5-year average of 57 and above the 10-year average of 63. The number of companies issuing positive EPS guidance is also above the 5-year average of 40 and above the 10-year average of 35.-While the number of S&P 500 companies issuing negative EPS guidance for Q2 is consistent with the numbers in three of the past four quarters, the number of S&P 500 companies issuing positive EPS guidance for Q2 is well above the numbers of the past few quarters.Finally:-In fact, the second quarter has seen the highest number of S&P 500 companies issuing positive EPS guidance for a quarter since Q3 2021 (56).-At the sector level, the Information Technology and Industrials sectors have the highest number of companies issuing positive EPS guidance for the second quarter at 20 and 9, respectively. Combined, these two sectors account for more than half (29) of all the companies in the S&P 500 issuing positive EPS guidance for the second quarter (46)Just looking at some of these data points gives me cause for concern, especially with the amount of positive EPS guidance for tech and Sp500 stocks after the big run-up during the past few months. It seems that there seems to be some divergence with this positive guidance and the negative projected earnings decline for Sp500 for Q2 2023. | 2023-07-24 |
325 | 3 | Interested in learning about your market opinions | null | 9 comments | 2023-07-12 | Hey, so hypothetically let's say you had $10,000 to invest today. What market sectors / stocks would you be confident in? What makes you feel bullish or bearish about particular choices?Personally, I thought SPY seems to be on an uptrend and an attractive choice. I also would love to hear some opinions regarding the recent developments in LiDAR stocks.Disclaimer: I am not seeking financial advice. This post is more for discussion purposes on the current state of the market, and general feelings about sectors within it. | 2023-07-24 |
326 | 141 | Microsoft-Activision deal moves closer as judge denies FTC injunction request | null | 125 comments | 2023-07-11 | https://www.cnbc.com/2023/07/11/microsoft-activision-deal-moves-closer-as-judge-denies-ftc-injunction.htmlA federal judge in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard.“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted—perhaps even terminated—pending resolution of the FTC administrative action,” Judge Jacqueline Scott Corley wrote in her decision, published on Tuesday. “For the reasons explained, the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.”The decision comes after five days of court hearings to assess whether Microsoftwould be able to complete the $68.7 billion Activision Blizzardacquisition it announced in 2022. The judge was deciding whether to grant the FTC’s request for an emergency injunction to prevent the deal from closing.The FTC argued Microsoft has shown an interest in making some games exclusive, to prevent them from appearing on Sony’s PlayStation or Nintendo’s Switch, and might do that if the deal were to close, while Microsoft said they would want to make Activision’s title more available, not less, partly to grow from people subscribing to its Game Pass library of games. Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick both testified, as did executives from Alphabet, Nvidia and Sony.In December the Federal Trade Commission filed suit to block the deal and have an administrative law judge at the agency assess it. But in June, before that could happen, the FTC requested a preliminary injunction to prevent Microsoft from completing the acquisition, with an eye toward bringing the case to its administrative law judge on Aug. 2. The two companies were looking to close the deal by July 18.Kotick said during the hearings that the Activision Blizzard board didn’t see how the deal could continue if the judge were to grant the preliminary injunction. | 2023-07-24 |
327 | 1 | Your Dutch Bros ($BROS) experience. | null | 34 comments | 2023-07-12 | I'm curious to hear what people think about Dutch Bros drive-thru coffee.What do you like most about it?What do you dislike?What do you think makes it special?Would you recommend Dutch Bros ($BROS) over other drive-thru coffee places? | 2023-07-24 |
328 | 19 | Why is everything up? | null | 76 comments | 2023-07-11 | Hello, I am new to this. I want to gather some assets and looked into some companies including Duolingo, Nvidia, Apple, Facebook, Microsoft and many more. It feels like nearly all shares I checked have gone up significantly if not 2x’d YTD Does anyone have some insight on this massive upward trend? Or is this just normal? | 2023-07-24 |
329 | 1 | Is there a way to watch those Fed official speech live? | null | 3 comments | 2023-07-12 | I checked Fed official website and also their YouTube channel, but they do not have an option to watch live. You can only watch historical ones, which would be too late. Is there a way to watch those on your computer simultaneously as they speak?Much appreciated. | 2023-07-24 |
330 | 4 | ELI5: Earnings Reports? | null | 10 comments | 2023-07-11 | I’m wanting to finally dive into tech stocks, but I’m starting with mutual funds. Right now I have a bunch of money in a NASDAQ mutual fund with my bank.A friend of mine told me that I should wait for 20July before investing, since stocks often drop near or after a company’s earnings reports and that’s when they are for the big tech companies. Why is that? Is it wise to invest as it drops? I know these are very general questions | 2023-07-24 |
331 | Vote | Hi, Reddit! I’m Master Sergeant Kristopher Tomes. I’m a PJ in the U.S. Air Force Special Warfare and have been a part of numerous lifesaving missions across the world. I’m looking for the best of the best to join our team. I’ll be answering questions on Wed, 7/26 at 12:30 p.m. CT. Ask me anything! | https://alb.reddit.com/cr?za=57pOCIx7NYVInRNGf-J4-B9EFIXhrRkWfG8DhH4VWYeSuJgVzDaiI5qUma3arZWm7lr_JAMkdmfVOLReNsavjl6mP5Kw6-qyB7c3PI5eUU_OwTzjB4zEBxcDgenFFmTdvCu5VVo3T073mxOp9Rxo-0w9UOdkeKSIxGUYFmZ1_Fgqj28rTtyarWouDLbUHq_mPQ5x501wtdE6JOz5mZxjBcLuNV5XALFuaa8py2GPCz9Vp75k8vkEzNDGqhEL12X2u4gu_8G5C1eC_WBzo8GsoLpI6lB5yJGaIxG_eMC1sGafaE-aoE0pRc5ZAyV0Gpx0fAf6ecHIvLT2ympbOO2Sin8401LAUB1KzdazgJ8aHbGRByDebAbD9Ali-G5Fgl9j&zp=ozBOAL9XMCFvCSy_u28re7T7VOO0_mHZIYfc3ZE_npESIdGRfb93yOtXreKCo8aMBGCjDq245OVXjuqDYpLVRNQYJg-aWqArqPzEF69QEX6-bRPztaeNjFyRQFUQJ0WMvMxdGok5_MHe9Aq95vaPeFH6AgaZPh0iim_K3j-xHamJZMgzLF-sYOLQ_pXWqi-sEhwyZUndgytOsT918qYkupMK-GarD3ALiTo56Irmj4GMuKbbX3v2r02N1ZVONj6QDa2IhYVjNBvRZ9w5gXXV18ekFz8xmCxJvX2J5yhn4buEf2zL6d1ZVZLPz5oEl3KRH6vUJhC0isU11Fkr5w | 0 comments | null | null | 2023-07-24 |
332 | 0 | No day trade limits | null | 11 comments | 2023-07-12 | Beginner here, been on Robinhood for a couple years but don’t like the limit of trades you can do in a certain amount of time. Does Webull or any other app allow you to freely day trade? The descriptions for that are kind of vague online. | 2023-07-24 |
333 | 2 | VMware Broadcom | null | 9 comments | 2023-07-12 | Can anyone explain in simple terms how the conversion of VMware to Broadcom stock will work if the acquisition is approved?The way I’m reading it - Broadcom would change existing VMware shares to Broadcom stock at a rate of aprox 4 vmware shares to 1 Broadcom share. Is that accurate?Doesn’t make a ton of sense though when I run the math. VMware is trading over the Broadcom offer price at $152 a share. $152 x 4 = $608. Broadcom’s current share price is $883.Why is there such a large discrepancy there and how do these things typically get addressed? Is the expectation that Broadcoms stock would drop to close the gap a bit once the acquisition closes? Is there any reason someone would take the cash? Hoping someone can explain it a little better for me. Thanks! | 2023-07-24 |
334 | 0 | Elon Musk’s new company xAI | null | 98 comments | 2023-07-12 | https://www.cnbc.com/2023/07/12/elon-musk-launches-his-new-company-xai.html Reading up on all the different people he’s pulling together to work on this project (assuming it’s legit which is probable since he’s always trying to out do others) it would be a fairly promising company to invest in. Are there going to be public shares in the stock market in the near future? | 2023-07-24 |
335 | 727 | India will become the World's 2nd-largest economy by 2075, overtaking the United States (per Goldman Sachs $GS) | null | 566 comments | 2023-07-10 | India will become the World's 2nd-largest economy by 2075, overtaking the United States (per Goldman Sachs $GS)The investment bank said that India's population, which is expected to reach 1.6 billion by 2050, will be a major driver of growth. India's labor force is also expected to grow by 200 million people over the next 50 years, which will provide a large pool of workers to fuel economic growth.In addition, Goldman Sachs said that India's progress in technology and innovation will also be a major driver of growth. The country is already a major player in the IT and software sectors, and Goldman Sachs expects that India will continue to develop its technological capabilities in the coming years.Source: https://www.cnbc.com/2023/07/10/india-to-become-worlds-second-largest-economy-by-2075-goldman-sachs.html | 2023-07-24 |
336 | 7 | Broadcom VMWare deal | null | 3 comments | 2023-07-11 | Broadcom agreed to buy VMWare for $142.50 a share. So how is VMWare trading above that at $152.50 right now? My understanding of these plays was that the price gets closer to the acquisition price as the deal gets closer to closing but its $10 above? | 2023-07-24 |
337 | 16 | Nvidia’s stock could fly to $550 amid ‘robust demand’ across the board in AI, analyst says | null | 39 comments | 2023-07-11 | Nvidia Corp. is benefiting from “robust demand” for artificial-intelligence servers across the board, and that could help extend the stock’s stunning rally, according to KeyBanc Capital Markets.KeyBanc analyst John Vinh upped his price target on shares of Nvidia NVDA, -0.76% to $550 from $500 late Monday, with his new target among the highest on Wall Street: Above Vinh’s $550 target were one $767 target price and two $600 target prices, according to FactSet. C.J. Muse of Evercore ISI matched Vinh at $550.Shares closed Monday at $421.80, and they’re up 189% so far this year.Vinh’s heightened optimism about Nvidia’s prospects comes after he conducted channel checks in Asia. Those indicated strong interest in AI servers that are “not only coming from cloud but also enterprise and from AI startups,” he wrote in a note to clients.Additionally, he said he sees the potential for Nvidia to benefit from delays related to an Advanced Micro Devices Inc. AMD, +0.36% product.“Delays associated with AMD’s MI300 are likely to free up incremental capacity in 2H23, while we believe NVDA has secured enough capacity (CoWoS) to quadruple its datacenter revenues in 2024,” Vinh wrote, referring to chip-on-wafer-on-substrate, a type of packaging.That said, Vinh also boosted his price target on shares of AMD, despite more “mixed” channel checks there, compared with the “positive” ones for Nvidia.“While near-term challenges associated with delays of its MI300 AI server and stability issues with its PC NB Ryzen Phoenix (7040) could result in near-term risk to estimates, AI server wins at HP/El Capitan, MSFT, and Meta give us high conviction that AMD could see well over $2B in AI revenues in 2024,” Vinh wrote, as he lifted his price target on the shares to $160 from $150.Chip companies will begin reporting earnings in the coming weeks, and one trend to watch will be how server demand is playing out more broadly. “AI servers [are] seeing outsized demand but appear to be cannibalizing traditional server,” Vihn wrote in his note to clients.He also flagged overall weakness in China, “with no signs of a recovery, which is limiting the inventory destocking process.”https://www.marketwatch.com/story/nvidias-stock-could-fly-to-550-amid-robust-demand-across-the-board-in-ai-analyst-says-e157f522 | 2023-07-24 |
338 | 4 | Portfolio suggestions | null | 12 comments | 2023-07-11 | So I have an account with 75% split ~evenly between Amazon, Microsoft, Costco, Shopify, Apple, and Coinbase It’s very basic and not very creative I know lol. But it’s performed well enough for meI just closed out activision which I picked up when it felt way oversold, and just sold Tesla cause Elon is getting more and more weird and unhingedWhat would you personally add with the other 25% cash? | 2023-07-24 |
339 | Vote | Verliebt, verkatert, hyped oder entspannt. Das Radio SRF Virus ist live mit dir, für alle deine Moods. Mit unseren fünf Hosts mit fünfmal mehr Charakter. Jetzt reinhören und mitreden. | https://alb.reddit.com/cr?za=_NPbAU_t22y-_igcFuAAvmb1Q9QFkFY4Zm9cM_uCTFWuWeOkfVh5cbF98MviPI9fANpdSvwXc64SqpLxeQ4xSGuKQtF7ocs-m9pShNagVMyyE9bl5xxk-RVq8H4rRY4QlWm_U9vTJqbbWI_uzKIwD38vms5lV1o60OCoUkcMBH0VYr3YdTzOjFOxwLkGQy14ezCVE8XwQtTAlNR9Dz4-eWhKgUEe-ONiDxl1GflYPFPd4iyyPnreArxc1XXK5yTS5sxrJre1FzicKJtq1xJIsZars1-EkDRAbvFGoY9_cKfjappKzZy7sBPc4ivuZs_WxV2ad2E8y5PreFuBWkQ_dTIQ1_rP6doZmW5DSW4d_tEhZfFj1Q6bQPWjJWC9MRJx&zp=DH22I1KgU1uGWdJt9W9YWjcBDIEdn67dsgLBvROZfFgtxOS9pEgHzYcuVK68Zd5G8Ao6yZEvvQ-LpZ-tTVg8JkVGGI-2B1QXv9ARIrxeA2vgsq0bquFENlKNe6pLZ_U3O4fQHDV0kjG1hOmEtGl8MYw8boDBQ_c8yiwQKuAVlGxjgH6aj4AOoy0ylOJ3Cod7wP2QhBgMbQLwjPE1U8Kyzioglaix7IVS-bB2nJwfho4YODed0f94bSR-ow8gGpdnE0yAn9XSHw | 0 comments | null | null | 2023-07-24 |
340 | 0 | Why is SPWR (Sun Power Corp) not valued higher? | null | 12 comments | 2023-07-12 | Hello everyone, rookie investor here. I am interested in investing in clean energy, and I found a stock called SunPower. It seems like it it is a good stock - It has a good P/S ratio (Lower than any other solar stock), and they recently turned profitable. Additionally, analysts have raised the target price to $15 dollars (currently ~$9). However, it seems like the stock has been on a downward trend, and it just hit a 52 week low. I don't have any experience investing, so I am wondering, should I buy it? Or is it a bad stock? I have already invested into several clean energy ETFs. | 2023-07-24 |
341 | 0 | Biggest threat for Google ... Apple. Opinion on the two frenemies | null | 20 comments | 2023-07-12 | Disclaimer, I have a postion in Google and do not hold Apple directly (but I do trough BerkshireB/S&P), so my opinion may be biased.While I think the underlying business of Google is incredibly good, I have the feeling that it moat is getting smaller. I expect growth from its cloud services, YouTube, and maybe some of Google bets might play out (Pixel phones, robotaxies, chromebooks if they stop sucking...) , but we all know that the most profitable part of Google business is its search engine.Know, while Microsoft might try to eat Googles pie and is probably its main competitor over most segments, especially Bing/Chatgpt vs Chrome/Bard, Outlook vs Gmail, M.Teams vs G.meet and so on, I think the biggest treat is actually Apple.Right know Google is paying a big undisclosed amount (probably around 20 bln $ a year ) to be the default search engine on Apple devices, where a lot of Google searches (from the most valuable well off users) come from. The idea that Apple could raise the price of the deal by a lot or start promoting its own search engine is quite terrifing. It would be a risky move for them (losing 10s of blns a year for doing effectively nothing, and coming up with a search engine on their own that gives satisfactory results) but given Apples pivot toward services and its insane customer loyalty it might not be that crazy after all.Android has a biggest market share, but these people have a lower capacity/willingness to spend, so it doesn't really matters that much. If I had to rate Google search traffic, I would say that the one coming from Android users is the safest (and probably the least profitable), the one coming from Windows PC is still relatively safe (despite bing being default and intagrated with Chatgpt), and the one coming from iOS is the one most at risk, and unfortunately for Google the most profitable.This article summarizes some of my concerns quite well.An article I just read put it quite well IMOhttps://macdailynews.com/2023/02/21/google-pays-apple-20-billion-annually-to-be-safaris-default-search-engine/#:~:text=Google%2Dparent%20Alphabet%20pays%20Apple,writes%20for%20The%20Motley%20Fool.Let me know what you think. | 2023-07-24 |
342 | 54 | What percent of your portfolio do you hold in cash? | null | 117 comments | 2023-07-10 | At the beginning of the Bear market in 2022, I was around 20% cash. After some DCA last year and earlier this year, I'm currently around 10% cash in my portfolio.For some additional context, the portfolio is in the low 6 figures, fully tilted towards global equities (no bonds).Part of me wants to be fully invested because I have a long time frame and don't need the money, but the other part of me feels things are a little frothy here, and I don't want to be all out of dry powder if things turn down in the second half of the year. | 2023-07-24 |
343 | 15 | r/Stocks Daily Discussion & Technicals Tuesday - Jul 11, 2023 | null | 322 comments | 2023-07-11 | 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:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsTechnical 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 candlesticksIf you have questions, please see the following word cloud and click through for the wiki:Indicator - Trade Signals - Lagging Indicator - Leading Indicator - Oversold - Overbought - Divergence - Whipsaw - Resistance - Support - Breakout/Breakdown - Alerts - Trend line - Market Participants - Moving average - RSI - VWAP - MACD - ATR - Bollinger Bands - Ichimoku clouds - Methods - Trend Following - Fading - Channels - Patterns - PivotsSee our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
344 | 6 | Reddit recommendations. | null | 40 comments | 2023-07-11 | Just wanted to understand if there is anyone who has ever found a gem of a stock from the reddit recommendations.I see threads that ask for recommendations, but outside the meme stocks that made headlines I haven't seen a lot of other successes. There is also a thread that showed how poor reddit recommendations are (at least for the one I saw for this year). But those threads still come up occasionally in one form or the other.My definition of a Gem stock - something that isn't being discussed publicly at the time but then offered better than market returns. | 2023-07-24 |
345 | 2 | This is probably a basic question but can anyone explain forward P/E increasing if forward EPS is increasing as well?
Company Analysis | null | 8 | 2023-07-11 | I’m a bit confused as to why JXNs forward P/E is higher than it currently is since earnings are expected to increase over 10% next year.
I thought that EPS increasing next year would lower the forward P/E as well? I can’t seem to find an answer to this.
Every thing online says forward p/e should decrease when forward EPS increases.
Is the forward EPS not increasing enough to lower the forward P/E? That’s the only thing I can think of to explain it. Finviz link is below.
To abide by the community rules I do own a few shares but it’s a very small percentage of my portfolio.
Edit: Let me explain better where my confusion is coming in. I see that it says the EPS is decreasing. But it also says EPS next year is increasing by over 12%
Thanks
https://finviz.com/quote.ashx?t=JXN&ty=c&ta=1&p=d
2nd Edit: Adding what I said in a comment since I think this is likely either the answer or going down the right path.
I compared the finviz numbers to TIKR and TIKR has the EPS estimates as decreasing in 2023 but going back to 2022 numbers in 2024.
So I think the 12.66% EPS increase in Finviz (which was causing the confusion) is for 2023 to 24 (increasing next year after a decline in EPS this year.)
And the ttm vs forward EPS from Finviz is 2022 vs 2023. So yes, EPS is declining this year but expected to increase again in 2024.
https://app.tikr.com/stock/estimates?cid=262396878&tid=711212103&ref=8i23vs | 2023-07-24 |
346 | 2 | $PSNYW Warrant Question
Company Question | null | 2 | 2023-07-11 | I like Polestar, and so I bought some shares. I’m an idiot, and accidentally bought shares of $PSNYW which is the warrant contract for Polestar. After realizing this, I went down the Warrant rabbit hole and see that they’re similar to options and therefore risky so I’ll probably just sell my position. Since I do like Polestar, I’m considering keeping some $PSNYW but I’m not sure if I got in at a good price.
-I bought in at .69/share and it’s now at .77/share(11.5% increase). During that time the common stock $PSNY has gone from $3.76/share to $4.8/share(27% increase).
-The strike for the warrant is $11.50/share and expires in June, 2027.
My question is, considering the warrant price compared to the common stock price at the time of purchase, did I get in at a solid price? Is that even how I should be viewing the quality of the price I got in at? Some insight would be much appreciated! | 2023-07-24 |
347 | 7 | Investopedia - “IBKR has more fractional shares available across more markets than anyone else.” Your capital is at risk. | https://alb.reddit.com/cr?za=EdbBXHDg5EWzjVOTWMetrlinFwLBarYs61UbS1UOqaNVQ6bvYH60xEzAqifo8sAqV5Xb0DqUP3z6oC5FKxfOrK8qbpmlu9_Hy6d8ZeraULtaQppWSOfD_Wgn7Xi8UFWbDAcyiUf2eHpUHfRDwB7PFvUfW-LwoTG-6p_evTgjrGNGhWXrt7xwjQty4Obz8GnD0C3ospZPpbNCB4qJz-rrmAE38Z9IPokQ6V013jiiyeW53tuJMtHPKdmU8kycR5eDY9eH0mXCjs5sXF6Z8-nD7W5JGUyTAPdvLS1EXM-W08_v3GosMjvKHeoedvGZq8Ho-KDfKZ04NDcz7jv1dUF3d1M-PZG5utTCdFZwkHjwW3iHuXBFE-WORtMqnLz_exzDMfebxozR&zp=MY_7P6608tKE7SNBWYU9ojeI-Rn5SdIKH4r9TqAWJbdGvwCHlabO4nQC3Uf2Wg9EGmiFVKC8nyc_YqDebQlHQNX0ohtpZPEJSGnERoJBU_VfjC0woxnPjcn4IpZbtr5GdZyCbJrj-f54RgnMwGgTG3I8_8G8AtDeZ2KoyiOfs8NAs0lzWmXCYtiogOe2Y8W36XDFGsm9Zp80tW3SmoZs7HzA-SEFsGHQJBnCckpW23PnUt25sq8FRYRYF8bOJeIxl7Galg | 0 | null | null | 2023-07-24 |
348 | 3 | What happens to stock price if there's a circular purchase? | null | 5 | 2023-07-11 | I'm curious about what happens to stock price movement if 2 stocks contain each other. An example is BRK.B and VOO. BRK.B holds VOO and VOO also holds BRK.B.
Let's say hypothetically, they both own 20% of each other. Say BRK.B goes up by $1, then VOO would go up by $0.2. But then BRK.B has to go up by $0.04, and the loop continues.
Is that what actually happens? | 2023-07-24 |
349 | 7 | (7/11) Tuesday's Pre-Market Stock Movers & News | null | 0 | 2023-07-11 | Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Tuesday, July the 11th, 2023-
Stock futures are little changed as traders look ahead to key inflation data: Live updates
U.S. stock futures were little changed Tuesday, after the major averages snapped a three-day decline, as traders await key inflation data slated for release later in the week.
S&P 500 futures dipped slightly, while Nasdaq-100 futures nudged higher by just 0.05%. Dow Jones Industrial Average futures were down 57 points, or 0.2%.
Investors are coming off a positive session for the major averages. On Monday, the Dow Jones Industrial Average gained 209.52 points, or 0.62%, while the S&P 500 advanced 0.24%. The Nasdaq Composite lagged, rising just 0.18%.
The June consumer price index report set for release Wednesday, as well as the June producer price index due out Thursday, will shed light on whether the decline in inflation has continued, and create the backdrop for future direction of interest rates.
Investors have penciled in another quarter-point increase at the Federal Reserve’s July 25-26 meeting. But they are undecided about what the central bank will do at its September meeting after last week’s continued robust jobs data raised concern that policymakers will revert to raising rates following the June pause.
“The pause, agree or disagree, is to gather more information,” Solus Alternative Asset Management’s Dan Greenhaus said Monday on CNBC’s “Closing Bell.” He added, “One more hike or two more hikes is much less important than when, ultimately, they begin to cut rates on the other side of this. That’s much more consequential for, I think, the risk landscape than one more hike or two more hikes.”
On the economic front, June’s NFIB Small Business Index, a measure of business confidence, is set for release Tuesday before the bell. Economists polled by Dow Jones are anticipating a reading of 90.0, slightly higher than the 89.4 level in May.
Second-quarter earnings season kicks off later this week with results from “systemically important financial institutions” such as JPMorgan Chase, Wells Fargo and Citigroup, plus BlackRock, PepsiCo and Delta Air. Dow component UnitedHealth reports Friday.
STOCK FUTURES CURRENTLY:
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YESTERDAY'S MARKET MAP:
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TODAY'S MARKET MAP:
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YESTERDAY'S S&P SECTORS:
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TODAY'S S&P SECTORS:
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TODAY'S ECONOMIC CALENDAR:
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THIS WEEK'S ECONOMIC CALENDAR:
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THIS WEEK'S UPCOMING IPO'S:
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THIS WEEK'S EARNINGS CALENDAR:
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THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
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EARNINGS RELEASES BEFORE THE OPEN TODAY:
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THIS AFTERNOON'S AFTER-HOURS EARNINGS CALENDAR:
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(NONE.)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
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(NONE.)
YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
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TODAY'S DIVIDEND CALENDAR:
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THIS MORNING'S STOCK NEWS MOVERS:
(source: cnbc.com)
JetBlue Airways — JetBlue Airways lost nearly 2% after Evercore ISI downgraded the airline to underweight, citing the recent sharp rally in shares and balance sheet concerns.
STOCK SYMBOL: JBLU
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Zillow Group — The stock popped 4.7% after being upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday’s close. Product optionality and new initiatives, as well sequential improvements in the housing macro environment were among the reasons for his call.
STOCK SYMBOL: ZG
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JPMorgan Chase — The Wall Street heavyweight added 1.2% in premarket trading after an upgrade from Jefferies to buy from hold on Tuesday. The firm also labeled JPMorgan Chase as “best-in-class.”
STOCK SYMBOL: JPM
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U.S. Bancorp — Shares of the Minnesota-based bank gained 2.2% following an upgrade to buy from neutral by Bank of America. Analyst Ebrahim Poonawala said U.S. Bancorp is among the highest quality franchises in the U.S. banking industry, with its scale, earnings and strong execution expected to drive superior earnings growth and stock outperformance.
STOCK SYMBOL: USB
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Amazon — Shares ticked 0.8% higher as the e-commerce giant kicked off its highly anticipated Prime Day summer sale, which goes through Wednesday. Wells Fargo also added Amazon to its Signature Picks list, citing better expectations for Amazon Web Services, Prime Day revenue growth and a risk-reward that is still favorable.
STOCK SYMBOL: AMZN
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WD-40 — Shares jumped more than 5% after the lubricant and rust-remover maker reported fiscal third-quarter results postmarket Monday. WD-40 posted $141.7 million in total net sales, a 15% increase from the prior year.
STOCK SYMBOL: WDFC
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3M — Shares rose nearly 2% in premarket trading following an upgrade to neutral from underperform by Bank of America. The bank said 3M has positive catalysts ahead related to litigation settlements, restructuring and the planned spin-off for the health care business.
STOCK SYMBOL: MMM
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Zions Bancorp, Truist — The bank stocks were under pressure Tuesday morning after Jefferies downgraded both Zions and Truist to hold from buy, lowering its earnings estimates for the two companies. Shares of Zions fell 1.5% in premarket trading, while Truist’s were down 1%.
STOCK SYMBOL: ZION
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STOCK SYMBOL: TFC
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Iovance Biotherapeutics — Iovance Biotherapeutics fell more than 11%. The biotech company on Monday said the pricing of its underwritten public offering, of 20 million shares of common stock, would be at $7.50 per share. The gross proceeds from the offering are set to be about $150 million.
STOCK SYMBOL: IOVA
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FULL DISCLOSURE:
/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
DISCUSS!
What's on everyone's radar for today's trading day ahead here at r/stocks?
I hope you all have an excellent trading day ahead today on this Tuesday, July 11th, 2023! :) | 2023-07-24 |
350 | 104 | Nasdaq 100 Plans Special Rebalance To Curb Dominance Of 'Magnificent Seven' (apple, meta, google, Microsoft, Tesla..) | null | 53 | 2023-07-10 | From https://www.investors.com/news/nasdaq-100-plans-special-rebalance-to-curb-dominance-of-magnificent-seven/
The Nasdaq 100 index is set to adjust the weighting of its 100 components, with the "magnificent seven" stocks Microsoft (MSFT), Apple, Nvidia (NVDA), Tesla (TSLA), Google parent Alphabet (GOOGL), Meta Platforms (META) and Amazon.com (AMZN) currently accounting for more than half the index's weight.
The magnificent seven stocks largely fell Monday.
The Nasdaq 100 special rebalance will take place before the market open on Monday, July 24, to "address overconcentration in the index by redistributing the weights."
The weighting changes will be announced on Friday, July 14. No stocks will be added or removed.
The Nasdaq 100 includes the 100 largest non-financial Nasdaq components.
How Is the Nasdaq 100 Weighted? The Nasdaq 100 index is a modified market-capitalization index. Market valuation is the largest factor, but with methodology to limit overconcentration.
The seven-largest companies in the Nasdaq 100 account for 55% of the index. It seems likely that this combined weighting will be reduced. It's also likely that there may be notable weighting shifts within these seven giants.
The current weights show that market capitalization is the dominant factor, but it's not the only one.
Microsoft stock has the largest weight, at 12.9%, as of July 7. Apple stock has a 12.5% weight, despite having a $2.999 trillion market cap vs. Microsoft's $2.51 trillion.
Google stock has a 7.4% weighting with the GOOGL and GOOG share classes combined.
Nvidia stock has vaulted to a 7% Nasdaq 100 weighting, thanks to its $1.05 trillion market cap. That's a slightly larger weight than Amazon stock (6.9%), even though the latter has a significantly higher valuation at $1.33 trillion.
Tesla stock and Meta Platforms round out the top-seven members, with weights of 4.5% and 4.3%, respectively.
Just for reference, for the entire Nasdaq composite, Apple stock had an 11.4% weighting as of July 7 while Microsoft was at 9.5%. GOOGL stock is at 5.8% while Amazon and Nvidia are at 5.1% and 4%, respectively. TSLA stock has 3.3% share and META stock is at 2.8%.
How Much Will Nasdaq 100 Megacaps Be Cut? Based on Nasdaq 100 methodology, the combined weight of the five companies with the largest market caps will be set to 38.5%. The five-largest companies, Apple, Microsoft, Google, Amazon and Nvidia had a combined weight of 46.7%. That suggests some notable reduced weightings for these names.
Meanwhile, no component outside the top-five market cap companies can have a Nasdaq 100 exceeding the lesser of 4.4% or the weight of the stock with the fifth-largest market valuation. That points to at least a slight decline in TSLA stock's weight.
The official reweightings should be released on Friday, perhaps after the close. That will also include stocks that will see increased weightings.
Magnificent Seven Soar In 2023 The Invesco QQQ ETF (QQQ), which tracks the big-cap Nasdaq index, was up 37.5% in 2023 through July 7. The First Trust Nasdaq 100 Equal Weighted Index ETF (QQEW), which gives an equal weight to all 100 stocks, is up just 18.8%.
This largely reflects massive moves by megacaps this year. NVDA stock has nearly tripled (191%). META stock has soared 141% while TSLA stock is up 123%. AMZN stock has leapt 54.5%. AAPL stock has run up 47% and MSFT stock nearly 41%. Google stock is up a still-robust 35%.
There is some concern that this handful of names is distorting the health of the overall stock market, which is likely what's spurring the special rebalancing.
Will Nasdaq 100 Special Rebalance Affect Stock Prices? The Nasdaq 100 special rebalance will spur stock allocation shifts among ETFs such as QQQ and mutual funds that track the index. So there could be some one-off gains or losses, perhaps as the planned changes are announced on July 14.
However, the impacts may be modest. For one, the big-cap Nasdaq index is going to adjust weightings, vs. a full addition or deletion. Also, far more money tracks the S&P 500, which is why S&P 500 component changes get a lot more attention than Nasdaq 100 moves.
The S&P 500 index, unlike the Nasdaq 100, is a pure market-cap weighted index.
Most of the "magnificent 7" stocks retreated Monday. Nvidia stock fell just 0.8%, while Apple slipped 1.1%. more than 1% intraday. Microsoft stock retreated 1.6%, TSLA 1.8% and Amazon 2%. GOOGL stock sank 2.5%.
The one exception: META stock climbed 1.2%, as Meta's new Threads app topped 100 million sign-ups in less than a week.
Megacaps weighed on the Nasdaq 100, which fell intraday before eked out a gain. The equal-weight QQEW jumped 1.8%. | 2023-07-24 |
351 | 95 | Small cap and biotech are historically cheap right now | null | 87 comments | 2023-07-10 | Currently, these two sectors look like the best bets for long-term, outsized gains:Small Caps:S&P 600 (small cap) valuations are at their lowest point since 2008 and the COVID-19 sell-off in 2020.The current valuation gap between the S&P 500 and the S&P 600 is the biggest since the dot-com crash in 2001.A year or so after the dot-com crash, the forward earnings multiples of the S&P 500 and S&P 600 returned to being nearly the same.Historically, small caps recover strongly after downturns, with an average return of 25.9% following a negative years.Biotech:Biotech companies, often unprofitable and reliant on funding, have struggled in the current rate environment. A potential slowdown in rate hikes could revive the sector.We’re starting to see M&A activity pick back up, particularly big pharma interest in development-stage biotech. Companies like Merck, Bristol Myers Squibb, and AbbVie face looming patent expirations for their biggest drugs and will need to fill in revenue gaps.Short interest in the SPDR S&P Biotech ETF is very elevated, with 56% of the fund’s shares being shorted. A short squeeze could be on the way.The possibility of a recession is still up in the air, but deeply discounted companies have wider safety buffers. In my view, it's better to consistently dollar cost average into discounted sectors rather than try to time a potential recession and risk missing a recovery.Thoughts on this? Would love any ideas for quality small-cap/ biotech names. | 2023-07-24 |
352 | Vote | Hi, Reddit! I’m Master Sergeant Kristopher Tomes. I’m a PJ in the U.S. Air Force Special Warfare and have been a part of numerous lifesaving missions across the world. I’m looking for the best of the best to join our team. I’ll be answering questions on Wed, 7/26 at 12:30 p.m. CT. Ask me anything! | https://alb.reddit.com/cr?za=Vp_QDiv3sUsVS_kJfXqTDBTcWCN1TlyhREhmjhR73_Qk54nWO3X9tj-VfSq9RNBuj793WtReE72kLyMhCcyJFh8YRAELNT3-DvUPpAsyvQQ0Mb2Xhz7d3-hplH2CFpbW0gwXmtTuVNFTo7T8G9DVm0Wz90cbDU0cv3uAdKxjBuzYhO8aRifxhANBsDKpinfgMeae5QCYkpXySvPm8WIlS20woEUBwfG2yAgllwkjYEytKMycvun4GPCTjtV_kxGOlkTB574cFE_f0sG8lXsVJ0_wIBcAKnIJUnaKyjcwg9OlkUgCTqvNcdoBDGcf-Xi8sD7FrrKrmbnIlqwFzWQv070AG2l_-FoEZvSmUlFqMjXj0eUDuu9HokZ44ysng17Y&zp=l4M2aqFRCfYhTH763KP46wvfa8cCP1lGcNmmVaZYfuWP50ML3wm_yCwdmuut57KpDvj9lZNuDPZVDVpUfUIuB3yhUAjxtUVkD4TwPLxAsphiEDfXZfYRwNxSg3DIor3n1PM8wzOPHbxO6RLna0tRrRdpF1Xd_A1bTU0-mvQMKWPTWTBQrRABV-GTWszshf72ql2LXpLAN7QrEsl6p-5bVw4G2SqeEdngp--CqgNsMYcKeLwB8N0noq4l69y2kQ3hqqXHYndfjoVVv9OTMIo7HKfY3_nEN1BVwql0Zzvd-zUzOMfSJVNZwEyVjuIWsKYqvJ3cT5bgGhAJM94Dxw | 0 comments | null | null | 2023-07-24 |
353 | 106 | Best EV stocks to buy right now? | null | 242 comments | 2023-07-10 | Looking for the best EV manufacturer, infrastructure and charging stocks to buy.Currently have a small position in Lucid as well as exposure to Tesla through a large position in the Nasdaq 100.Looking at ON Semiconductors and Chargepoint as well as various auto manufacturers for a small position but unsure how to go about doing in depth research and analysis and comparisons.Any advice or suggestions would be appreciated. | 2023-07-24 |
354 | 0 | 7 key lessons from Buffett that can help you become a better investor: | null | 11 comments | 2023-07-11 | Warren Buffett is one of the World's most successful investors (with a net worth of over $100 Billion), and has shared his investing wisdom through his annual letters. Here are 7 key lessons from Buffett that can help you become a better investor:MOATs:A moat is an economic advantage that a company has over its competitors. It can be anything from a strong brand name to a patent.Moats are important because they protect companies from competition and allow them to earn higher profits.What you own matters so focus on businesses:Buffett focuses on businesses with great management and economic advantages.He calls himself a "business picker," not a "stock picker."Market pricing is irrelevant in the long term:Buffett says that a stock price shouldn't determine whether you buy or sell.In the short term, people vote with their dollars on which stocks will do well.But in the long term, stocks with the most value tend to do well, regardless of their price.Adopt a patient investment approach:Buffett says that "for investors as a whole, returns decrease as motions increase."This means that the more you trade, the less money you're likely to make. The best investors are the ones who buy and hold for the long term.Time is a friend of great businesses, but an enemy of the mediocre:Great businesses tend to get better over time, while mediocre businesses tend to get worse.This is why it's important to invest in great businesses and hold them for the long term.Be greedy when others are fearful:When the market is down, that's when you should be buying.This is because great businesses are often on sale when everyone else is panicking.Rebalance your portfolio, but don't sell your winners:Rebalancing your portfolio is important, but you don't want to sell your winners just because they've gotten too big.Instead, you should sell your losers and use the proceeds to buy more of your winners. | 2023-07-24 |
355 | 1 | How can i trade/fund my account if my country doesn't allow me to do international transfers? | null | 17 comments | 2023-07-11 | Hello, so i live in a third world country, i had set up a TDameritrade account and got it verified and all and also got optiond enabled. After a couple months of learning and paper trading i felt ready to do some trading on my own, but when everything was ready and my account got verified, i went to my bank to try and wire in money to my brokerage's account, they told me that doing international transfers Is really hard and it's very regulated in here, so i just abandoned the whole project because if I can't wire in money, i can't get money, and to my knowledge brokers only accept wires from actual banks not paypal or virtual banks. If anyone has any tips or any clue about how i can take an alternate path about this matter then be my guest please. | 2023-07-24 |
356 | 0 | How to trade stocks more often | null | 27 comments | 2023-07-11 | I want to learn more about stocks. In particular day trading, I have general knowledge of stocks and I regularly invest in etfs index fund’s individual stocks etc… but I want to get more into the day to day. Identifying stocks to buy one day and a day or two later selling that stock for some amount of profit | 2023-07-24 |
357 | 0 | AI Stock picks and how AI will revolutionize our world | null | 19 comments | 2023-07-12 | How do you feel AI will revolutionize our world in the next ten years? I have been blown away from just how incredible responses have been from ChatGPT.I can foresee many jobs such as financial consultants being lost to AI since the responses pull from vast amounts of data sets available in the training of the AI bots.I am wondering what other people feel may come about from AI companies in the future and what potential early stock picks you may currently have? Most likely the next AmAzon in AI may not have even been birthed yet. | 2023-07-24 |
358 | 1 | Thoughts on gold or $gdx? | null | 14 comments | 2023-07-11 | I’ve been considering running the wheel on gdx. Have about 50 shares pretty much atm right now I’ve had for a bit. Listening to guys like Peter schiff, the floor seems pretty high on gold and commodities at this point.Currently selling puts at strike of $29 for 17dte would yield 1% and slightly lower my cost basis.Wondering if anyone is also in any good positions or am I being persuaded by a guy that could just be advertising his own business (he manages a gold etf). Any thoughts on gold conviction or any other stock/sector to run wheel on would be great. Tia | 2023-07-24 |
359 | 330 | Shell's shift in strategic focus | null | 186 comments | 2023-07-10 | Shell declared its intention to transition towards green technologies and renewable energy sources a few years ago. Oil production was expected to decrease by 1% to 2% annually during the following years as a result of decreased investments in its hydrocarbon portfolio.Wael Sawan, the organization's new CEO, wants to relaunch Shell. While the company will continue to engage in some green business endeavours, it is no longer prepared to see oil output fall in the near future, not even marginally. The business's current management is also only open to pursuing green projects when they provide lucrative returns; despite the fact that this ought to have been the case during the previous administration as well, it appears that it wasn't.The company originally had an emphasis on renewable energy which was not profitable, but the strategic focus has shifted back to oil and gas production with the new CEO taking reins of Shell. The restructuring is expected to happen on 1st July, and the head of the renewable business will be leaving the company after less than 2 years. While it is debatable that the shift back to oil and gas is detrimental to the environment and not aligned with their goal of cutting net emissions to zero by 2050, the pivot back to oil and gas has regained investors confidence, considering it is the most profitable segment of the business.In conclusion, investors were unimpressed by Shell's decision to slash its dividend during the epidemic and had doubts about its investment in green technologies. These investments aren't necessarily terrible, but only makes sense when they're profitable. The new CEO of Shell shares this opinion and has promised to curtail the company's scattershot green initiatives in the future.https://www.reuters.com/business/energy/shell-pivots-back-oil-win-over-investors-sources-2023-06-09/ | 2023-07-24 |
360 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=V8kjHUj5EkxbJl6WVZ1oalNRsIUY6hwRcDSsLYH9TwbMM1kS5QFHwbLes0X_srv6XAIu5dQEiSzVtk1EjTyy0XUhEPFt4hFWb-Fwgxl6tW7Qtn2yPlDAEd_PeyvovdU2alYX0AxqFuw0UdeJFATCN7DiSz3maABYDh8XbKlBitavlZT4AdlO7zwu0YcM6sTL73yoZx36XPt96CuIsShpD5cDUZY5THlwcW0Yh-Dk-XOre0oq4fTPE9TZP80YVwk5cadY5lorP8YautRp6f297jyXJhaznweE4EEY-3bpGBa5ejK7gBuk-qPEIlTCRw_0B-QV6rPvMO3PCtv5LC96lDpq9zcIoKqYGlRmQeBQN-nERtwoS7CYefbNVRyhCg&zp=Df0jcSPwGmKiOQSidbd2HF83rvsEcH-PJvUtsRnw7bVIgxPRrKFXIZQwqJ2XqwIK2t7QohbECKFvO08UEXVBbnrErS98Ehwiz_VfZJFgOrpo6ixwpym1beJkIkksDmPtBvgyuWRR9ez1g_nZH9EoAgzYT108uXl8hagqKQpoGxdKWzzxPQmvWQ9HgAU | 0 comments | null | null | 2023-07-24 |
361 | 56 | Where are you building positions? | null | 172 comments | 2023-07-10 | I have a very small portfolio, about 14k. Over the last few years I lost a very, very substantial amount of money as a % of my portfolio making stupid trades. Mostly trying to be too cute with long dated call options that went terribly in the wrong direction and expired worthless, credit spreads, chasing some WSB tickers. Basically trading like I'm in a literal casino.The last 18 months or so I've mostly gotten back on the right track and have been building positions in the big names that have been traditionally good bets over a long horizon. Google, apple, Amazon, meta, tesla, Microsoft, Nvidia, visa, you get the idea. I recently started a new job and can comfortably put $1000 a month into the market to chase some growth while equally contributing to my savings.Something nearly all of these companies have in common is that they are all hovering at or near 52 week highs and while I'm not entirely deterred by that it gives me some pause.Personally my next thought is to build a bigger position in the s&p and nasdaq indices over the next few months since I'm currently concentrated in individual companies.Beyond that I'm looking into different oil / ng etfs because I don't have any exposure there.Just curious where other people stand with the run up on some of these more popular large caps and where you're currently looking to get exposure | 2023-07-24 |
362 | 39 | Banks kick off Earnings Season with lower expectations: | null | 9 comments | 2023-07-10 | Big banks begin earnings season this week as analysts’ estimates are down 16% in the past six months. Analysts have been concerned about loan volumes and a sluggish environment for deal making that is weighing on revenue. Comments from bank CEOs could ease some of the pessimism.• The SPDR S&P Bank exchange-traded fund is down 19% for the year so far, compared with the 14% gain in the S&P 500 and a 31% gain in the tech-heavy Nasdaq. Bank stocks have been beaten down after three large bank failures in the spring.• JPMorgan Chase is expected to report earnings per share of $3.96 on revenue of $39 billion. Revenue from its consumer division is expected to rise nearly 50% from last year’s second quarter, which could help to offset weakness in investment banking activity.• Citigroup is expected to report earnings per share of $1.37 on revenue of $19 billion, and it is also expected to report a drop in investment banking revenue from the first quarter as the deal slump continued, according to FactSet.• Wells Fargo is expected to report earnings per share of $1.18 on revenue of $20 billion. The San Francisco lender announced plans to raise its dividend by 17% starting in the third quarter, to 35 cents a share.What’s Next: The financial sector is expected to report revenue growth of nearly 8% for the second quarter from last year, the highest growth rate of all 11 S&P sectors, according to FactSet Earnings Insight. Banks are expected to report revenue growth of 14%. | 2023-07-24 |
363 | 151 | Breaking: Nvidia’s Market Volatility Exposed as Graphics Card Price Drops Signal Intense Competition in Semiconductor Industry. | null | 73 comments | 2023-07-10 | Graphics card prices in the semiconductor industry have been on the decline for almost a year, and Nvidia, one of the leading players in the semiconductor industry, has felt the impact. The company’s RTX 4060 and RTX 4080 models have experienced price drops. This development serves as a reminder that even industry giants like Nvidia face intense competition in the semiconductor market, making investments in the company potentially volatile.Today Forbes reported a significant decrease in the prices of Nvidia’s RTX 4060, with the card dropping by as much as six percent within just a week of its launch.Include the tepid reception from reviewers, and this isn’t a good start for Nvidia’s latest launch. This has resulted in customers gravitating towards older graphics cards from both AMD and Nvidia themselves, particularly those not heavily reliant on ray tracing or DLSS technologies.The situation becomes more apparent with the RTX 4080, as the graphics card’s experienced a price drop in Europe, and a 17 percent reduction in the US market from $1,199 to $999 was the most significant change.These price drops and market dynamics highlight the highly competitive nature of the semiconductor industry. Nvidia’s position as a dominant player does not shield it from the pressures of a rapidly evolving market. The recent pricing pressure also suggests potential challenges in terms of demand and competition, which may impact the company’s financial performance and stock value.Investing in Nvidia should be approached with caution, considering the inherent volatility in the semiconductor industry. While Nvidia has demonstrated its ability to adapt and innovate in the past, the market landscape is constantly shifting. The recent price drops serve as a stark reminder that even established players must navigate fierce competition and changing consumer preferences.It is crucial to keep a watchful eye on Nvidia’s future product releases, market trends, and financial performance. These factors will shape the company’s ability to maintain its competitive edge and provide a clearer picture of the investment potential in the semiconductor industry.In conclusion, Nvidia’s recent experience with pricing pressure highlights the competitiveness and volatility of the semiconductor market. As the company continues to navigate these challenges, investors should carefully assess the risks and potential rewards associated with investing in this industry heavyweight. | 2023-07-24 |
364 | 0 | What are the best Small Cap focused Hedge Funds/Investors | null | 5 comments | 2023-07-11 | I am currently in the hunt for some strong small-cap investment ideas and am trying to find some funds that invest in the space for idea generation. Does anyone know any funds or investors that are active in the small cap space that I could look at. Thanks for any input. | 2023-07-24 |
365 | 49 | Analysts upgrade Nintendo & lift operating profit forecast after meeting with management and CEO multiple times | null | 13 comments | 2023-07-10 | Citi analysts upgraded shares of Nintendo (OTC:NTDOY) to Buy from Neutral ahead of its Q1 results, raising the price target on the stock to ¥8,100 from ¥6,200 (¥1 = $0.0069) in a note to clients Thursday.The analysts told investors that they are looking for Nintendo profit growth amid the transition to new hardware."We have had many chances to meet with Nintendo management, including CEO Shuntaro Furukawa. These meetings have prompted changes in our thinking about new hardware, and we lift our OP forecast for the period of transition to the new hardware," they explained.The firm also believes the discount previously typical of a platform company is no longer appropriate."We had thought software sales would be weak in the final phase of the Switch lifespan and that the shares could decline after Q1 results (when we expect a significant OP decline)," the analysts added. "However, we now see a greater chance that any decline after Q1 results will be limited and temporary."Source: https://www.investing.com/news/stock-market-news/citi-looks-for-nintendo-profit-growth-upgrades-to-buy-432SI-3121046 | 2023-07-24 |
366 | 1 | Where can I find a company's bond price/yield data? | null | 0 comments | 2023-07-11 | Corporate bond price/yield charts used to be available in Morningstar's Bond Center but that no longer appears to be the case. Anyone know a free resource where I can find price/yield information related to a company's bonds? Trying to get my hands on this data for company research. Thanks in advance. | 2023-07-24 |
367 | 4 | Williams-Sonoma WSM jumped today | null | 3 comments | 2023-07-11 | I see the dividend was announced and it increased from .79 to .90 ex-date 07/20. Stock was up $5.41 (4.47%) today. I don't see any big news. Does anyone else?I'm not complaining, just wondering what moved it. | 2023-07-24 |
368 | 7 | Investopedia - “IBKR has more fractional shares available across more markets than anyone else.” Your capital is at risk. | https://alb.reddit.com/cr?za=c0sYRnSSKmR7IMEO0VniZwyowqDpaDacqVNNYuF2yZOVHFIqvP7ynZGZQ5yaXKQFov0wIjCDBcbG_HvIRbW8QgpcsEV3pQw1LNSw7C-1mfIbqrfWbffBZ3itFA5nV8S-5LcvTeAwthJRRPdbM00xQBX2YQm_Co2pBFULWjvuJjChGDjcGk2jiLZr8-O4WUnj8c-tL1MQDcHnf578DTffLpStlOQj7hjDyQ2WPW3zW9Cuj_cGsaOY46dS0BAglyUkeOtR2q7EcqZfsMCShSnFO8Vx-g3h1q-vobRb1sFjdlFUWX50LMGwjJktNGJ6Lp0yHVqELL5LLN6RoRWIjJu_Pv5ZYvPNN-F-N44LxjvrQRTgfxCa-vLc8cnR6A5gjzV1pc2ehY-V&zp=1LPUP3QGjI51NKO-_gvxwIiMmqXF55srq6mUKNwo8ofGjqMkSTaCSiT5-IC9GPHZXyFpGHP1iSvqbjA8sQuVgm_5V2WKM8cVS5-6vAr9CTycyg_vIPhLeZVItej7jmWKdMyJmGwvJlmKQ_ebX4do82uTYAZ8BpH7p_pBwg2YOaRVWG-5_aCjR-5szhy5vbBB_u3S3dsDu6FAX4oLLiR592D1TYQmK30qOMPl9mDo_k2lMiVcWIo4YuPGG3LBXtR3Yy2fFQ | 0 comments | null | null | 2023-07-24 |
369 | 4 | Anyone successfully make a claim against a company that went Chapter 11? | null | 3 comments | 2023-07-10 | Schwab sent me a form 410 so I could make a claim against Athenex. My initial investment was about $1200, but it lost all value before they finally filed so it seems pointless to make a claim for the few dollars my stock was last worth before they went under. | 2023-07-24 |
370 | 0 | Value of the SP500 = bank-reserves x leverage ratio | null | 7 comments | 2023-07-11 | Money is based on central bank reserves held by commercial banks (called 'liquidity') and G-sibs have a x14.3 leverage ratio¹, so it makes sense that the maximum value of the SP500 (the US economy) is reserves times this leverage.Currently banks have 3.175T of these reserves², but:•QT cancels some 80bn reserves each month³•Tax income in September usually drains 200bn of reserves temporarily*These two together would remove 460bn by end October, putting bank's reserves at 2.6T. Multiplied by 14.3 this makes 37T which was the current value of the SP500 at the end of June when it stood at 4450**Will stocks trade sideways until this valuation ceiling is hit? When the SP500 hit this ceiling in August 2019, markets ceased to function until Fed intervened with a mini QE.¹ "[G-SIB] CET1 risk-based capital requirements defined as a 4.5% minimum requirement + a 2.5% capital conservation buffer" https://www.bis.org/basel_framework/chapter/LEV/40.htm?inforce=20220101&published=20191215²Reserves held by commercial banks https://fred.stlouisfed.org/series/WLODLL³(SOMA holdings are down 850bn since May '22. https://www.federalreserve.gov/releases/h41/default.htm)*Treasury general account: https://fred.stlouisfed.org/series/WTREGEN**https://ycharts.com/indicators/sp_500_market_cap | 2023-07-24 |
371 | 0 | Where would you invest $1000? | null | 37 comments | 2023-07-11 | I would consider myself less experienced than the average trader. If I were to open a new portfolio I would buy VOO, AAPL, WMT, and LLY. I was wondering if you guys think this is smart or dumb or there’s better things to invest in. | 2023-07-24 |
372 | 18 | Making a case for Pfizer (and other healthcare) | null | 38 comments | 2023-07-10 | Pfizer's own guidance, and its analysts expectations, guide for the company to make about $3.50 earnings this year and moving closer to $4 next year.This estimate takes into account the fact paxlovid and MRNA vaccine income is substantially reduced now.The long term industry average forward PER over 20 years for the healthcare sector in the USA is 15.5x. (That includes deeply indebted and troubled companies, in which regard Pfizer is better than the average). [1]Assuming the company will likely return to around the long-term average of the sector in coming years. That would place Pfizer on a price of say 15.5x$3.50 = $54 to 15.5x$4 = $62, plus any further earnings growth.The price today is just $35. That suggests there should be an opportunity to take a gain of 50-70% plus dividends plus growth, simply by waiting for mean reversion.It's also possible the pendulum of Pfizer or of the healthcare sector can swing to 18x-20x, as it has in the past, and there is some optionality value should a new strain of covid arise which requires urgent mass vaccination with a rapidly adjusted vaccine.Similarly an argument can be made for BMY and a few others, though BMY has higher debt.It's a pretty simple argument, but I think, quite compelling. Be sure to do your own research!I hold PFE, I don't hold BMY.[1] page 14. https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/market-insights/guide-to-the-markets/mi-guide-to-the-markets-us.pdf | 2023-07-24 |
373 | 0 | What are 'safe' high returning stocks to invest in? | null | 31 comments | 2023-07-11 | For example, over the last 10 years - as far as index funds for annual returns:QQQ has returned 15.5% IVV has returned 9.9% VOO has returned 9.8% S&P 500 has returned 9.6% VTI has returned 9.6%And for individual stocks annual returns: PANW has returned 30% AAPL has returned 27% MSFT has returned 25%I know the stocks aren't guaranteed to keep up this pace, but I feel like as they are over fairly consistent over the last 10 years, they're "safer" than others.Just was curious what other stocks might make sense for my portfolio that are higher returning and relatively safe whether individual stocks, or index funds. And or more "up to date" - meaning they're still relevant or will be in the future. Or have historically done well and are expected to continue to for awhile, if that makes sense.Thanks in advance! | 2023-07-24 |
374 | 101 | Should I sell $RIVN before $TSLA earnings call?
Advice Request | null | 72 | 2023-07-09 | Tesla’s next earnings report is slated for July 19th with an estimated 46% earnings increase in their share price. What I’m unsure of is If I should sell my stock in $RIVN before this happens?
The reason I say this is because I feel this would shift much of the recent attention on Rivian back to Tesla if their stock earnings are good as everyone is hoping to see them hit $300 a share.
I feel conflicted because Rivian seems like a promising stock to hold as they are finally starting to get a foothold on the market and turn a profit, plus their truck deal with Amazon. I understand that no one can predict the future of a stock but I’m wondering what the general consensus on this Subreddit is.
I currently own 1200 shares and bought in at $14
Edit: Sold entire position at $25. Going to wait for a dip then buy back | 2023-07-24 |
375 | 28 | r/Stocks Daily Discussion Monday - Jul 10, 2023 | null | 289 | 2023-07-10 | These daily discussions run from Monday to Friday including during our themed posts.
Some helpful links:
Finviz for charts, fundamentals, and aggregated news on individual stocks
Bloomberg market news
StreetInsider news:
Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips
Reuters aggregated - Global news
If you have a basic question, for example "what is EPS," then google "investopedia EPS" 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.
Please discuss your portfolios in the Rate My Portfolio sticky..
See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
376 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=jNfOialg7Je9SueApqKhQYo4o2aorLIlWUTFdEbfnWDRh9hIeLLwCeGhOi372halwitlPGAchPdmYhyqZJrrsP_YHlI7RYho0k5CscREIFuwoV2qZHsbaUE6QYqwlQCltNnpRystB7dGhQoCnt3l6-al3LFRJ3kjluUJHQrnK2vgMobwaksIEkOi3Pfbsh6eufQ5lVjSvgxiTtkesOfDQq9MhY7rR9XLnvTXjP0FtL4BGVfvgVKxrm7ZtSGlUXNw2sQIogIo45dZZFRfRSD285xNmIklQVT7EPx67LUHKsnqxxjfh9OCG1ePGYO-GxHgLNaI1sNx4qX5bYnUIFats5zvB3syuwBi_OVrD9qlIcyrTt5S3YghZVivadRNC1T3LmAxGw&zp=r2aoL5Ktt451tclyQ2fC2Ym1zPPY5JaGgY5XNOhwh8MSLFOuAMG6vkd24Ry5SefV4fO18ucdf8GwuD24EjAGi8hM6VVNjmAKwVHnBO-oZDysPFMgPW4GbQTLTuDeHanVZwWCuHUyi6g0gSz2ZsAOWOaqQG04gXFfl9tYOwzeyN_aeUSstfMT-6F2JOaHw8fk | 0 | null | null | 2023-07-24 |
377 | 4 | AI in stock research | null | 6 | 2023-07-10 | Have you used AI (such as Bard) as a tool in stock research?
According to Bard, it has:
Technical analysis tools, such as moving averages, Bollinger Bands, and —Fibonacci retracements, to identify trends and patterns in stock prices. —Fundamental analysis tools, such as financial statements, analyst ratings, and news articles, to assess a company's financial health and prospects. —Screening tools, such as Finviz and Stock Rover, to identify stocks that meet certain criteria, such as price, sector, or valuation. —Backtesting tools, such as Portfolio123 and TradeStation, to test trading strategies on historical data.
If you have, what have you had the best results with? | 2023-07-24 |
378 | 32 | Would it be worth putting money in my "safe" money in a Money Market ETF?
Advice Request | null | 52 | 2023-07-10 | I am interested in using the interest/dividends from the MM ETF to pay my rent ($1,500/m). In my bank, I'm sitting on 40k liquid capital. It's not gaining any real interest. Would it be wise to move 30k to a MM ETF and keep a minimum of 10k as a reserve in my bank, which would cover 4-5 months of rent + minor expenses?
The ETF I am eyeing is the Vanguard VMFXX ETF. Which on average yields %5.04 compounding interest. | 2023-07-24 |
379 | 4 | Navigating the Disconnect: The Changing Landscape of Monetary Policy and its Implications for Market Expectations and Equities | null | 2 | 2023-07-10 | In the years leading up to the 2008 financial crisis, the US Federal Reserve operated under a “scarce reserve” monetary policy, which fostered an active marketplace where banks engaged in federal funds trading. However, since the introduction of Quantitative Easing following the crisis, the monetary landscape has undergone a significant transformation. The flood of reserves into the system has severed the direct link between interest rates and the money supply. In this article, we examine the implications of this shift and its impact on market expectations and stock valuations.
Previously, the federal funds rate was determined by an active marketplace of lending and borrowing reserves among banks. This system maintained a direct connection between the money supply and interest rates. However, the Federal Reserve’s response to the 2008 financial panic, through Quantitative Easing, led to an abundance of reserves in the system. Consequently, banks no longer borrow or lend these reserves; instead, the Fed pays them to hold them. This change has severed the direct link between interest rates and the money supply.
Under the current system, the Federal Reserve has the sole authority to set interest rates, resulting in market expectations being heavily influenced by speculation about the Fed’s next moves. Every economic data point now carries weight as investors try to anticipate the Fed’s decisions. Earlier this year, the market priced in multiple rate cuts for the second half of 2023. However, after a robust employment report indicating solid job growth, the odds of a July rate hike surged to almost 90%. We believe the market is underestimating the likelihood of the Federal Reserve raising short-term rates beyond July.
The Federal Reserve closely monitors the labor market and average hourly earnings. Recent reports have shown stronger economic performance than anticipated, accompanied by persistently high global inflation rates. Average hourly earnings rose 0.4% in June and are up 4.4% from a year ago. Despite the Fed’s focus on the labor market due to its models, we argue that the central bank should consider actual inflation and the money supply. Given a 2.0% inflation target and slow productivity growth, the Fed would prefer to see average hourly earnings grow closer to a 3% annual rate rather than the current 4.4%.
The low unemployment rate, which currently stands at 3.6%, compared to the Fed’s projection of 4.1% for the fourth quarter, further strengthens the case for an aggressive stance by the central bank. At its June meeting, twelve out of eighteen Fed policymakers believed that rates would increase at least two more times in 2023. This suggests that unless economic and inflation data significantly deviate from expectations, only one rate hike is unlikely for the remainder of the year. This scenario raises concerns about overvalued equities.
If the Federal Reserve ends up raising rates more aggressively than anticipated, long-term interest rates could face upward pressure in the coming months. Our Capitalized Profits model, which evaluates the fair value of the S&P 500 index based on nationwide profits and the 10-year US Treasury yield, suggests that the index is fairly valued at around 3,350 with a 4.00% 10-year yield. A higher yield would drive the measure of fair value even lower.
We have been monitoring the M2 measure of the money supply, which has experienced its most significant decline since the Great Depression. Although the US economy is still absorbing the effects of the massive money printing during the COVID-19 pandemic, this trend is expected to taper off soon. A decline in M2 is likely to push the economy into a recession in the near future.
Investors currently seem unworried about a potential recession, assuming the Federal Reserve will implement rate cuts to counteract any downturn. However, our model suggests that even with a 3.00% 10-year yield, a 15% decline in profits would significantly impact the fair value of the S&P 500, reducing it to just 3,800. The optimism surrounding a “Goldilocks” scenario, where the Fed perfectly manages all factors, may be too idealistic. In light of this, adopting more defensive strategies may be prudent at this juncture, considering the possibility of overvalued stock prices. | 2023-07-24 |
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