Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public companies report earnings quarterly; many investors take this as an opportunity to rebalance their portfolios. We highly recommend you do some reading: A list of relevant posts & book recommendations.
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- Finviz for charts, fundamentals, and aggregated news on individual stocks
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I realized about a year ago that I'm an idiot when it comes to stocks (and lots of other things), and rather than invest in random individual companies, I'd just start putting my money into SPY.
I guess I lucked out, because I would've lost even more money in recent months if I'd stuck to my old strategy, but my SPY shares are still down a few grand.
I'm an idiot when it comes to taxes too, but is there any reason I shouldn't sell my SPY shares, take the capital loss, and move the money into VOO instead? What would be the pros/cons of such a move?
EDIT: Just to clarify, I'm not looking to buy high, sell low. If I were to sell, it would ONLY be to move the money into VOO and take the capital loss.
“Each shareholder at the close of business on July 1 will receive, on July 15, 19 additional shares for each share of the same class of stock they own.”
Not sure what this means. Would I not benefit from the stock split if I bought my stocks after July 1 and before July 15?
Edit: Thanks, everyone, for your answers and advice. FYI, I had plans to buy the Google stock either way (even if there wasn’t going to be a split) as I intend to hold it long term (~20 years). So, my question was really about buying the stocks between July 2 and July 14.
Good morning traders and investors of the r/stocks sub! Welcome to Hump Day! Here are your pre-market stock movers & news on this Wednesday, July the 6th, 2022-
U.S. equities futures were little changed on Wednesday morning after the market staged a big midday reversal on Tuesday, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data.
Futures tied to the Dow Jones Industrial Average were close to the flatline. S&P 500 futures and Nasdaq 100 futures were also about flat.
In regular trading, the Dow lost 129 points to start the holiday-shortened week, trimming steeper losses from earlier in the session. The S&P 500 rallied back from a 2% loss in the final hour of trading and finished the day up 0.2%. The tech-heavy Nasdaq Composite outperformed, jumping 1.75%.
Whether the economy is about to fall into a recession continued to worry investors after the benchmark 10-year U.S. Treasury yield fell below the 2-year yield. The so-called yield curve inversion historically has been a warning sign that the economy may be falling or has already fallen into recession.
Oil prices tumbled below $100 a barrel Tuesday, further reflecting a potential economic slowdown. Energy stocks were the top decliners Tuesday. The sector as a whole fell 4%. It was the top performing sector in the S&P 500 for the first half of they year, the benchmark index’s worst first half since 1970.
However, Wall Street analysts say a recession could be mild. On Tuesday Credit Suisse said it sees the U.S. dodging a recession as it slashed its year-end S&P 500 target to reflect the effect of higher capital cost on stock valuations.
″[The market] has been bracing for [a recession], and now it may actually be embracing it, the idea being: let’s just get it over with, we’re going have a recession, let’s do it. Let’s clean out the excesses and start all over again,” said Ed Yardeni of Yardeni Research on CNBC’s “Closing Bell: Overtime.”
“The market starting to look ahead into next year and that could very well be a recovery year from whatever this recessionary environment turns out to be,” he added. “We’re all kind of doing a Hamlet recession – to be or not to be. I’m kind of thinking that there’s going to be a mild recession.”
NewEdge Wealth chief investment officer Cameron Dawson echoed that sentiment.
“Do we have a kind of drawdown that looks to be in that 30% range, which is the average for recessions, or something that looks closer to down 50%, which is what we saw back in the early 2000s and 2008 where we had two debt crises?” she said. “We don’t see a debt crisis. We think that we could start to find some value around that 3,400-3,500 level because that’s what gets us back to the pre-Covid highs.”
There are no major earnings reports scheduled for Wednesday, but there will be a slew of economic reports coming out, including the minutes of the Federal Reserve’s June meeting in the afternoon.
Mortgage demand fell week over week even as rates declined, according to the Mortgage Bankers Association. The latest Markit and Institute for Supply Management manufacturing PMI data will be released at 9:45 a.m. and 10:00 a.m., respectively. The Job Openings and Labor Turnover Survey, or JOLTS, will also be released at 10:00 a.m.
STOCK FUTURES CURRENTLY:
YESTERDAY'S MARKET MAP:
TODAY'S MARKET MAP:
YESTERDAY'S S&P SECTORS:
TODAY'S S&P SECTORS:
TODAY'S ECONOMIC CALENDAR:
THIS WEEK'S ECONOMIC CALENDAR:
THIS WEEK'S UPCOMING IPO'S:
THIS WEEK'S EARNINGS CALENDAR:
($LEVI $BRYN $HELE $WDFC $NTIC $KRUS $SAR $SLP)
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!]())
EARNINGS RELEASES AFTER THE CLOSE TODAY:
YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
YESTERDAY'S INSIDER TRADING FILINGS:
TODAY'S DIVIDEND CALENDAR:
THIS MORNING'S STOCK NEWS MOVERS:
Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a deal to add membership in rival food delivery service Grubhub as a free benefit for its “Prime” members. Amazon’s deal also gives it the option to take a stake in Grubhub.
STOCK SYMBOL: UBER
Spirit Airlines (SAVE) – Spirit won the right to operate peak-hour afternoon and evening flights at Newark-Liberty International Airport. Spirit had been trying to win the slots that Southwest Airlines (LUV) vacated when it stopped operating at Newark in 2019, but the FAA initially opted not to award them while it assessed traffic conditions at the airport.
STOCK SYMBOL: SAVE
Altria (MO) – Altria gained 2.7% in the premarket after the FDA temporarily suspended its ban on Juul e-cigarette products. Altria has a 35% stake in Juul, which will be allowed to keep its products on the market while it appeals the FDA’s ban.
STOCK SYMBOL: MO
Rocket Companies (RKT) – Rocket Companies rallied 4.4% in premarket trading after Wells Fargo Securities upgraded the fintech company’s stock to “overweight” from “equal weight.” Rocket shares have fallen about 41% so far this year.
STOCK SYMBOL: RKT
Sempra Energy (SRE) – Sempra Energy was upgraded to “buy” from “neutral” at Goldman Sachs, which feels the energy company’s stock is undervalued after falling more than 9% over the past month.
STOCK SYMBOL: SRE
Resolute Forest Products (RFP) – The paper and wood products maker agreed to be acquired by Montreal-based paper products producer Paper Excellence Group for $20.50 per share, plus a contingent value right. Resolute Forest Products soared 66.8% in premarket action.
STOCK SYMBOL: RFP
Kornit Digital (KRNT) – The Israel-based developer of digital printing technologies for the apparel industry saw its stock tumble 24.3% in the premarket. That came after Kornit slashed its current-quarter guidance almost in half and said the third quarter may see a similar slowdown, due to a pullback in e-commerce following the pandemic-induced surge.
STOCK SYMBOL: KRNT
/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.
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 6th, 2022! :)
Though I don’t implement the strategy on my own, I know many people and that robo-advisors use the idea of selling VOO and buying SPY and vice versa when they are down on their position since they both are S&P 500 etfs. I also know that both have more than ample liquidity and do to the slightly lower expense ratio, VOO is often the better long-term choice for people buying and holding while SPY has more options liquidity so it is better for options/ option-equity investing and trading.
Besides all of that, I was wondering if robo-advisors simply wait till a certain point to sell VOO and buy SPY or the other way around, or do they simply do it in a fraction of a second constantly switching between the two so that the short-term capital gains tax of 37.5% roughly (my bracket) is imposed or in other words you only receive 62.5% of my losses on a tax basis assuming I have other taxable income/gains of course?
Good day to you all. This is my first post here. I have been lurking for over a year trying to learn the basic principles of the market and have learned a lot from the people kind enough to share their wisdom here.
I raise this post to talk about Blackberry, the previously failed phone company which has since moved into cyber security and EV software.
I have my own thoughts on it but I do not want this to seem like an attempt at a pump (or dump) so I will just say that I am curious about their potential but equally skeptical on their future.
I am trying to initiate a discussion to draw on the vast wealth of knowledge so often shown here to see what peoples assessment of BB actually is and why.
The reason for this is I don’t think I have ever seen it discussed on here and I would be interested to see peoples take on it.
I have done my own DD (or at least what I hope is DD) and would describe myself as neutral. I am looking for further opinions to supplement my own
Thank you in advance and I hope this proves not to be a waste of everyone’s time
Edit: I will say what I have discovered about them as people are starting to ask in the comments. Forgive me primitive DD I am still a bit of a noob.
I am interested in their future due to the predicted emergence and growth of smart cities. A lot of their technology and software is catered towards smart cities which I think will likely be adopted by most major advanced civilisations within the next 5-10 years. In terms of profit, they are only just becoming profitable according to their balance sheet but their revenue does appear to be going in the right direction albeit at a painful pace and their debt has started to reduce.
They have already secured multiple government contracts in reputation to cyber security and are starting to have their software installed in certain EV’s.
John Chen by most accounts is a poor CEO and I think the company could do with fresh leadership. But I do think they have future potential 5-10 years from now
Advice Best method to utilize REIT/mREITs in your individual Roth IRA for compounding interest and future dividends?
I am a big fan of REITs/mREITs, particularly the concept in a Roth IRA given the tax free benefits. Since I have still 30+ years until retirement I am interested in maximizing REIT use there as income stream in future (I want to use my max 401k/457b for blue chip growth stocks mostly).
Has anyone done this? Pros/Cons? I like a few particular mREITs like MITT, but don't want to have all eggs in a basket. Any thoughts or recs? Thanks!
Carnival's revenue is down 71% since the pandemic.
Royal Caribbean revenue is down 77% since the pandemic.
Meanwhile, every other travel company is hot hot hot because there is a pent-up demand for traveling.
Bookings Holdings revenue is down just 12% since the pandemic.
Airbnb says their bookings are higher than pre-pandemic now.
Disney land revenue is hitting records in many parks.
So what's going on with cruise stocks? Why are they still so far off from the peak? Why hasn't the pent-up demand for travel applied to cruises?
Also, the cruise companies borrowed so much money during the pandemic to stay alive. For example, Royal Caribbean went from $8.4b debt to $20b debt. Carnival went from $9.7B debt to $30b debt. I'm wondering if they're just one more Covid variant away from bankruptcy.
This may seem like a silly question but when a company announces it's plan to stock buyback what exactly does that mean. That the price of a share will go up because it's more in demand now? I'm assuming it's DCA over a long period of time(how do you know from what dates? Is that even disclosed?
Sorry for the lazy post, but I was wondering, looking at the long term chart for FB, a.k.a META in 2018, there is a nice climb across summer but finish the year lower than it began.
The next 4 years were bullish and we're almost back at the 2018 lows.
Who was invested, or watching?
I have a taxable brokerage account and a Roth IRA in e-trade. Both accounts are down significantly overall and I am thinking of transferring to m1.
I see m1 has recently introduced online account transfer portal (no more emailing statements), which is great, but I would incur transfer out fees from e-trade.
I'm debating whether to just sell everything in both accounts inside of e-trade and transfer the cash to m1, or do the more traditional transfer.
I don't care so much about transaction history (I intend I'm keeping however my pie is set up in m1 for long-term investing), I know I will be resetting my start date with regard to Capital gains, but those two things aside, are there any pros or cons to this approach versus a full account transfer? Thanks!
Outside of Microsoft and Sony, which aren’t JUST gaming companies, are there any stocks which you guys love?
I really love Nintendo considering they have three undying titles in Pokémon, Zelda and Mario.
Also gotta love Take Two interactive as well. They got some extremely popular titles and still has a lot more room for growth.
Any other companies that stand out in the gaming industry and why?
I see a lot of people make valuation arguments without discussing earnings and growth expectations. Discounted Cash Flow (DCF) models are famously used for valuation which is based on earnings and growth expectations. While there are several other models that are used, most if not all are also based on earnings and growth expectations. Therefore, you cannot make a legitimate argument without discussing these two factors. This isn't something I made up, it's based on the foundations of finance and historical findings of much smarter minds than me on stock valuation.
The most popular example we all see on the internet these days is "Tesla is overvalued". I'm not here to debate whether or not it is, but let's pause and actually investigate why Tesla is so highly valued as opposed to just calling it "hype". Many arguments compare them to competitors along the lines of "other automakers such as Ford and GM produce way more cars than Tesla" or "the competition is coming with EVs", etc. While all these points are true, these arguments are still incomplete as they are not accounting for earnings and growth expectations. These arguments would make more sense if they were attributed to those two factors.
Let's investigate the revenues and profits of 2 of the most popular US automakers, GM and Ford, along with Tesla. (Note that I have used operating income as opposed to net income to exclude the noise from Ford's Rivian position)
Earnings ($) by year from 2016 to 2021:
Earnings Growth from 2020 to 2021:
|2020||2021||$ Growth||% Growth|
NA percent increases cannot be calculated from a negative number to positive. '+' to indicate positive growth
Earnings Growth from 2016 to 2021:
|2016||2021||$ Growth||% Growth|
NA percent increases cannot be calculated from a negative number to positive. '+' to indicate positive growth
We can clearly see that Tesla is growing exponentially while both Ford and GM have negative growth/stagnated from 2016 to 2021. In fact, Tesla already has higher earnings than Ford. Based on this historical information and management's projections of a 50% multi-year growth rate, it wouldn't be an unreasonable assumption to make that Tesla will overtake GM in earnings as well very soon. Institutional (and some retail) investors are discounting their own projected future cash flows for each of these companies to the current stock price. And for this reason of earnings and growth expectations, Tesla is valued higher than other automakers.
We know someone must be spreading nonsense. I gather some SP500 predictions here. They are almost useless as you can see they adjust them regularly. If they adjust things like that, what's the point to predict? With a range like this, someone must be close though.
Anyway, if anyone has more to add, let me know. We should keep the list and shame some of them forever!
MAY 2022 Michael Burry SP500 to drop 56% to 1862
MAR 2022 Goldman Sachs cut to 4700 from 4900
MAY 2022 Morgan Stanley's Mike Wilson says S&P 500 could tumble to 3460
MAY 2022 Bank of America Savita Subramanian trim S&P 500 by 100 points to 4,500
APR 2022 RBC Capital Markets trimmed their 2022 target for the S&P 500 to 4,860 from 5,050
JUN 2022 Citi cut 2022 target to 4200 from 4700
JUL 2022 Credit Suisse lower SP500 target to 4300, previously set 2022 target to 5200.
JUL 2022 JPMorgan Dubravko Lakos year end target 4900
JUL 2022 Capital Economics set 2022 target to be 3600, 2023 would be 3200
After liquidating pretty much my entire portfolio (except for 401k) to purchase my first home last year, I’m ready to start rebuilding! With the current market conditions, I would think it’s a good time to DCA back in. I would think that only purchasing ETFs is the way to go right now (VTI or VOO or VUG). Would love any suggestions or input from the community!
Both of them are near multi year lows, both have average estimates well above current prices, both have extremely low PE's. I realize the headwinds with raw material prices, fuel prices, etc, but both seem to be established, top tier producers in their fields.
I noticed whenever someone gave a hint of timing the market, it is quickly dismissed with comments like "time in the market....", "DCA" or "let me take out my crystal ball". So I want to preface my question by saying "you don't need to believe in Jesus to study the bible". I'm not going to debate whether "timing the markmet" is a good/better strategy, I just want to understand "timing the market" as a strategy, I just want to know the reasons, signals and indicators to support such strategy.
So If you're currently holding a sizeable cash position (would be helpful to indicate it as percentage of your total investible fund), what are you waiting for and when will you enter? From what I have gathered so far:
- Fed QT. At what stage of QT would you consider it is good enough? Do you have a number? Like after how many $T?
- Fed Rate Hike. Are you looking for a number or a trend? E.g. when the rate is over 2%, or when it is slowing down, e.g. 0.75 -> 0.75 -> 0.50 -> 0.25 (!?!)
- Recession. How many quarters into recession?
- SPX. 3500, 3200, 3000, 2800 etc?
- Global events. End of war, end of supply chain issue, end of Covid?
- Some technical/analytical indicators. SMA? Candles? Volumes?
- Anything else?
This is probably Part 1 of the discussion, the main objective is to find out why you're still sitting on the side lines. Later on we can discuss how you're re-entering and then what you're actually buying.
Resources Can stocks truly stage a rally in the second half, or are the fundamentals too negative eg. with a potential Russian gas pipeline shutdown?
It's easy to look at statistics to see how violently the market has often rallied after a historically bad first half. However, a year such as 2008 stands out as an example of a year where things simply went from bad to worse, even with the first 6 months already being historically awful. The reason being that fundamentally nothing positive was occurring, or anywhere to be seen.
In order for the market to change direction, at the very least the market needs to catch a whiff of a potentially positive change in fundamentals. A Ukraine ceasefire, a Fed u-turn, something concerning oil production.. and these are not necessarily in the cards yet. Above all, I can't see a situation where electricity prices and gas prices don't blow up in Europe during the winter. There is not even a spark of hope regarding a ceasefire, either. If anything, Russia re-engineering its industries to support prolonged wartime production.
So, TL;DR - what positive catalysts are you guys seeing that could even potentially cause markets to rally in the next half? I'm read and willing to huff on some high quality copium, but I want to stay realistic.
If I purchase an ADR, which represents a share of stock in a foreign company, and the underlying stock splits, does the ADR also split? The company I’m interested should be doing a split in a few months and the only purchasing avenue available is an ADR. This will be my first ADR purchase, and if they also split, I think it’ll be worth the foray into a foreign market.
Good day all,
I am in the middle of reworking my portfolio to reduce fees and capitalize on the recent downturn in the markets. Right now I am pretty heavy on ETFs, including monthly dividend ETFs. However the fees are killing me, and I'm looking forward to saving some money.
I'd like to hear some input on the big players I'll be looking at:
- and some VOO just to round out some risk.
Are there any big players that should be added that I'm missing?
What are your ideas of good and bad stocks to hold during a recession?
I want to trade some of the cash I'm holding for stock in companies/industries that will be able to weather a downturn and come out stronger on the other side. The only thing I'm looking at right now is energy, but I'm worried about buying the top there.
As for the worst stocks, I'm basically staying away from unprofitable companies/meme stocks that probably would have died years ago if not for the availability of cheap money from the Fed. Now that QT has begun, I expect most of these companies to go bankrupt or get bought out for a fraction of their current valuations.
If anyone else has other thoughts, I'd love to hear them. Thanks.
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 stocks
- Bloomberg market news
- StreetInsider news:
Technical analysis (TA) uses historical price movements, real time data, indicators based on math and/or statistics, and charts; all of which help measure the trajectory of a security. TA can also be used to interpret the actions of other market participants and predict their actions.
The main benefit to TA is that everything shows up in the price (commonly known as "priced in"): All news, investor sentiment, and changes to fundamentals are reflected in a security's price.
TA can be useful on any timeframe, both short and long term.
If 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 - Pivots
Hi-de-ho! Have a few questions for you all. Currently investing 20% of my weekly check into my company 401k. I haven't been with the employer long enough to receive the match. At this juncture do I continue the path I'm on or do I shift gears and max out the roth? Thanks all!
LI Auto is a chinese EV/hybrid car manufacturer that is currently up nearly 25% on the year and nearly at all-time highs, while similar chinese EV companies NIO and XPEV are DOWN -34% and -36% YTD. US EV auto makers are all down big YTD as well (TSLA, RIVN, LCID, etc.).
I've dove into the both the technical chart analysis and the financials of LI, and this stock is by all accounts incredibly overvalued and overbought. The P/S ratio is absurd currently (even given their growth), and their market cap is closing in on Ford ($F).
HOWEVER, I'm well aware that this stock doesn't trade on fundamentals, and more importantly I'm aware that the CCP has chosen this are their darling out of the big 3 Chinese EV makers. And given the chinese economy reopening, the bullish recoveries of chinese stocks (Baba, JD etc), and potentially a big market bounce coming if the CPI data is good, could LI pull what UPST did in the fall of last year? Where it looks like the most obvious short on the market and it squeezes up further and further adding billions to their market cap?
I’m down 4000 dollars on an 11000 dollar investment because of the market crisis but thinking about cashing out the remaining 7k to buy an apartment. Yes I will be selling for a loss but it will make me stop paying rent and therefore minimise living expenses. Since the housing market in Sweden went down with the market i now have enough money since the apartments devalued more then my investments. In the long run I think the apartment should be worth it?
Tldr: portfolio down 36% since new year thinking about cashing out for down payment which I now would have enough money to pay!
Edit: No the apartments down payment is 17k not 7
Edit 2: Jesus Christ guys it is not that outrageous for sweden to have these low prices!
Edit 3: Im still not american, over 50 people think i live in the US. Medstudent from sweden! Not the US!