Hey everyone, new to investing, looking to get into trading on the stock market.
What charts do you guys an gals use??
What do use to gather information on whether or not to buy?
I'm Canadian if that matters at all.
Thanks!
In 2014 we saw a huge spike in the prices of marijuana related stocks because of sensationalist overbuying (GRNH, CBDS, CNAB). I have a huge suspicion that when marijuana becomes legal in innumerable states at the end of this year we will see another massive hike in cannabis affiliated companies based on the same public hype.
My question to all of you is what stocks do you think will explode after the upcoming legalization of marijuana in more states, namely California?
Today, let’s talk about a tool to use in the market using Technician software. When you have a gap up pending like we have on Alphabet (Google) today and one that we saw on Facebook yesterday you want to know what's that going to do to the indicators. If it gets up there is it going to be overbought? Is it going to be okay to buy? Or should I think about fading the gap or go with it?
Interesting questions! Technician actually can help you with that with its price projection tool. Let’s take a look at that right here in the drawing menu. Click on projection and I have a chart of Google - I can't call it Alphabet - with Bollinger Bands here and RSI below. I want to see what happens when it gaps up today and right now it's in the pre-market trading around 801. What I'm going to do is click the chart. And bring it up to 801. Well, I hit 802 but that’s OK, it’s close enough.
So what we see here is that price is now above the upper Bollinger Band and that's not necessarily bad. With Bollinger Bands, sometimes being above the band its continuation but look what's going on with RSI. RSI jumped from say a regular strong reading to overbought above 80. That's the decision to make. Do you want to jump in on this gap and get in there or do you want to fade that gap and maybe take profits or even short the stock?
I’m not going to tell you what to do there but this tool can help you see what the indicators are going to do next.
Let's take it a step further. We can actually see what happens if the stock plays out to a scenario we have in her head. Check this out.
Okay all I did was see what happens if Google does jump up there and stays there. It doesn't do anything else so what happens to the indicators? You can see it's well back within Bollinger Bands and RSI comes back down significantly - possibly in a bearish divergence.
It's just a tool to help you project your opinion on what the stock might do and what that's going to do the indicators. That can help you decide if you want to buy, sell or hold. https://www.youtube.com/watch?v=VRr48okQEkE
It seems to have a strong bullish trend to finish of the week somewhere 1.25 but I wanted to hear your guys opinions.
I'm new to investing in general and i thought it would be a good idea to invest in the water industry for the long haul. Thinking that water would only increase in demand, i felt this would just be a good idea for my first investment. Any advice would be wonderful
There are courses/programs ranging from $40 - $100's. I am curious if any people would be interested in pooling some funds together to make it cheaper for all of us. These materials can be helpful for people that are looking to create more efficient spreadsheets, learn more shortcuts, get better at your accounting, public filing research, etc.
I'm buying some today. should see 2-5 points upside tomorrow.
Harley-Davidson ($HOG) reported a fall in 2Q16 net income on lower margins and higher costs, but quarterly profit rose on lower share count. The company earned $280.4MM, or $1.55 per share, compared with $299.8MM, or $1.44 per share a year ago. Revenue rose to $1.67Bil.
$HOG cut its full-year guidance for motorcycle shipments to 264,000 to 269,000 motorcycles to dealers worldwide in 2016. This is approx. down 1% to up 1% from 2015, the company said. $HOG forecast full-year 2016 operating margin of approx. 15 to 16% for the Motorcycles segment, compared to prior guidance of 16 to 17%.
For more update check http://ift.tt/2a2a1KW
Example: Tesla offered to buy Solar City. Text from offer is below. So is the ratio of exchange what matters? In other words as Tesla share goes up, so should SCTY if the deal goes through? Or does the offer remain at a value of 26.50 to 28.50.
"We are pleased to submit to you and the SolarCity board of directors a proposal to acquire all of the outstanding shares of common stock of SolarCity in exchange for Tesla common shares. Subject to completing due diligence, we propose an exchange ratio of 0.122x to 0.131x shares of Tesla common stock for each share of SolarCity common stock. This proposal represents a value of $26.50 to $28.50 per share, or a premium of approximately 21% to 30% over the closing price of SolarCity’s shares, based on today’s closing price of SolarCity’s shares and the 5-day volume weighted average price of Tesla shares."
Call Levels - A mobile price monitoring app that gives you a push notification when price levels are hit!
Good day denizens of r/StockMarket.
I'm looking for honest feedback on my startup's free price monitoring app, Call Levels. We're trying to provide a basic service well, by allowing you to track a variety of assets like Equities, indices, bitcoin and Forex. No set up is required but signing up will grant you more Call Levels.
Here are links to ...
Lots of advertising on this, and one of the most downloaded paid financial apps. But I can't find any info from anyone who actually uses it. They want $9.95/mo after a 14 day free trial, and the app gives a percentage breakdown of how a particular stock is supposed to perform the following day. The app also has a rating of 4.1, so I'm assuming some ppl are making $ following the advice from the algorhythms used in the app.
Anyway, sounds too good to be true, but I have that small inkling of curiosity in me to reach out and see what others' experience with this app has been and how accurate it has been for them. Thanks guys.
The Boeing Company (NYSE:BA) reports quarterly loss on charges. The company reported 2Q16 net loss of $0.37 per share, including a $3.23 per share impact. $BA said its 787 cost reclassification resulted in a charge of $1.33 per share while the 747 program generated a charge of $1.28 per share. The KC-46 Tanker program accounted for a charge of $0.62 per share. It delivered 199 commercial airplanes in 2Q16. Commercial airplanes revenue in the quarter increased 3% to $17.5Bil on higher volume and price mix, the company said.
$BA cut its 2016 EPS outlook to $6.40 - 6.60 per share from its prior forecast of $8.45 - 8.65 per share to reflect the 787 R&D reclassification and the 747 and Tanker charges. $BA also reduced its outlook for operating margin from commercial airplanes to 4.5% - 5.0% from about 9%. The company maintained its 2016 revenue outlook of $93.0 - 95.0Bil. During the call, $BA said that on the 747 program, the company decided to reduce future production expectation and revenue assumptions to account for current and anticipated weakness in the air cargo market. Despite the air cargo market challenges, $BA is seeing 747 as a unique value creator for its customers over the long run.
For more updates check http://ift.tt/2aaSxsr
General Dynamics Corp (NYSE:GD) posted higher earnings of 0.8% during 2Q16 due to increased operating margins. Net income was $758MM or $2.44 per diluted share vs. $752MM or $2.27 per diluted share in 2Q15. Revenue fell 2.8% vs. 2Q15, hurt by lower revenues seen in the company's Aerospace and Combat Systems segments.
During 2Q16, $GD repurchased 1.1MM of its outstanding shares and total backlog at the end of the quarter was $63.2Bil. For the full-year 2016, $GD raised its EPS guidance for continuing operations from $9.20 to $9.70
During call, $GD said revenues were $7.67Bil in 2Q16. Revenues were down less than 1% sequentially. EPS from continuing operations was up $28MM sequentially on a 40BP improvement in operating margins and a lower effective tax rate. For 2016, $GD expects Aerospace segment revenue to be $8.5-8.6Bil with margins slightly above 20%. For Combat Systems, revenue is expected to be slightly over $5.7Bil and margins to be 16-16.1%. Marine Systems revenue is expected to be $8.1-8.2Bil and margins around 9.2%. In IS&T, operating margins will be better than 10.5%.
David Strauss of UBS asks for an update on the large cabin market. $GDsaid it has 14 aircraft on the market currently with one pending transaction, and 186 in service. The company saw some impact with customers opting for near-term availability than weight. The G650 market has been active. In terms of orders, about 50% were from North America.
For more updates check http://ift.tt/2aaIlRa
The Coca-Cola Company (NYSE:KO) reported a 11% rise in 2Q16 earnings driven by organic revenue growth, and expanded operating margins as well as lower costs and expenses. Net income rose to $3.46Bil or $0.79 per share from $3.11Bil or $0.71 per share last year. Operating revenues slid 5% to $11.54Bil. $KO's concentrate sales growth was in line with unit case volume growth in 2Q16. Global price/mix grew 3%, reflecting continued effective pricing and packaging initiatives across key markets. The positive price/mix in 2Q16 was driven by solid underlying pricing partially offset by 1 point of geographic mix.
The company now expects full-year comparable EPS to be down 4-7% versus prior year's EPS of $2.00. $KO also sees 2016 underlying effective annual tax rate of 22.5% and net share repurchases of $2-2.5Bil. For 3Q16, $KO sees currency to be a 2 point headwind on comparable net revenues and a 2 to 3 point headwind on comparable income before taxes.
In connection with its North American refranchising initiative, $KO said that it has reached definitive agreements or signed letters of intent for 43 of the 51 cold-fill production facilities in the United States. "While the macroeconomic headwinds we're facing in these emerging and developing markets are cyclical in nature and not secular downturns, we're not expecting a material improvement in the remainder of the year given the continuing volatility in the global economy", said $KO's CEO Muhtar Kent.
For more updates check http://ift.tt/2afwsej
Facebook Inc. (Nasdaq: FB) posted higher 2Q16 results helped by mobile advertising revenue growth. Net income almost tripled to $2.05Bil or $0.71 per share from $719MM or $0.25 per share a year ago. Excluding items, $FB earned $0.97 per share. Mobile advertising revenue represented approx. 84% of ad revenue for 2Q16, up from 76% a year ago. Its daily active users for June grew 17% from last year to 1.13Bil on average. Of these, 1.03Bil used the service on mobile, up 22% YoverY. Monthly active users were up by 15% to 1.71Bil as of June 30, 2016, and of these, mobile monthly active users grew by 20% to 1.57Bil.
During call, $FB said that in 2Q16, the company launched 360 photos. The company is making good progress on core services within the Facebook app like search; now people are doing more than 2Bil searches a day. For the first time, more than 1Bil people are using Messenger every month. Also the company announced the first successful flight of Aquila that will beam Internet to remote places in 2Q16. The company is going to eventually work with telecom operators & governments around the world to connect people on the outskirts. On Oculus, $FB said that it filled all of its pre-orders for Oculus Rift and is seeing increasing demand from retail.
$FB said 2Q16 was its strongest in over three years in terms of absolute YoverY growth of monthly and daily actives on Facebook. In the quarter, $FB said the average price per ad rose 9%, while total ad impressions rose 49%, driven by growth in ad impressions served in Facebook's mobile news feed.
For more updates check http://ift.tt/2afxAhQ
Apple had some big news yesterday with good earnings. iPhone is doing well but let's take a look at the charts so see what the market has to say about all of that.
It is pretty easy to put some lines on this thing. We have the 200-day average here in the teal color and red is the 50-day average. The trend line is from last summer so it’s about a one-year trend line.
You cand see that the little jump up this morning - the gap up - based on the earnings and I shouldn't say a little, it was at 6% jump. However, it just hit the 200-day average and hit the trend line. It did not break through and there was really nothing special about it other than it was a gap.
Now you can argue that here is a resistance level with a jump through that and that, of coursem, is a positive . It did bounce off the 50-day average yesterday and again that was another positive but those are short-term things. The longer-term issues of the 200-day average and the one-year trend line are still holding as resistance.
Take a look down below with the studies. On-balance volume trend is still to the downside for the last year. Below that is price relative or relative strength or relative performance. Again the same thing - the trend is down for about the last year and even the jump today didn't take it back and change that trend.
Just for some perspective let's take a look at the weekly chart. Okay just cleaned up a few of those indicators as they are more of the daily time frame. Also ignore the averages again they are the daily not weekly averages. You can see the trend line from last year.
Put in the horizontal line here . What I did was put the line at the 2012 peak which was obviously a pretty major high and acting now support. You can see it wasn't perfect but it did act as support this year on three occasions. Therefore, some good news there. The major trend in Apple is still to the upside and major support held. The bad news is that this did not break the stock out of its one-year decline so it is still within the pattern and you still have to give the bears some credit here for holding the advance back.
Of course if it does break through with any kind of volume in the next week or so then we have to change our tune but for now no real technical change on Apple based on the earnings. https://www.youtube.com/watch?v=f1o1k58QNiQ
Okada eyes IS to backdoor this 2016 led by a big player japanese and his team, biggest gaming in pagcor philippines. Their group plans to backdoor IS as Duterte's administration focuses more on the development and advancements of technology in the said country.
Bought at 10.25 eur a share and already is up at 10.45 eur, appearing to climb by the second. Promising stock imho. Should I buy more in this now or wait and see if it dips back down before climbing again?
I've always been fascinated about trading/selling stocks. I've done virtual stock simulators but think that the simulator doesn't really justify actually doing it oneself. I'll probably start investing a couple years as I am a college kid. Just wanted to know any tips before and when I start buying/trading/selling. Anything would be helpful. Thanks in advance fellow redditors!
$TWTR posted a narrower loss in 2Q16, helped by 18% growth in advertising revenue and 35% growth in data licensing and other revenue compared to 2Q16. 2Q16 revenue was $602MM, an increase of 20% YoverY. Non-GAAP net income was $93MM or $0.13 per diluted share in 2Q16.
$TWTR said its average monthly active users (MAUs) were 313MM in 2Q16, up 3% year-over-year and compared to 310MM in 1Q16. Average US MAUs were 66MM in 2Q16, up 1% year-over-year and compared to 65MM in 1Q16. Average international MAUs were 247MM in 2Q16, up 4% year-over-year and compared to 245MM in 1Q16.
$TWTR CEO Jack Dorsey said, "We are confident in our product roadmap, and we are seeing the direct benefit of our recent product changes in increased engagement and usage. We remain focused on improving our service to make it fast, simple and easy to use, like the ability to watch live-streaming video events unfold and the commentary around them."
$TWTR expects 3Q16 revenue to be in the range of $590-610MM and adjusted EBITDA to be in the range of $135-150MM. 3Q16 stock-based compensation expense is expected to be in the range of $165-175MM. For 3Q16, the company expects GAAP share count in the range of 705-710MM shares and non-GAAP share count in the range of 715-725MM shares. For more updates check http://ift.tt/2avn0mk
Yayyyyyyy I didn't lose my shirt!
Do we see this stock going to $130 in the near future?
Seems that since after crude reached $50 we have consistently seen a persistent fall in the price of oil despite the higher demand and lower supply. In this regards, what do you think is the fate of oil in remaining part of the year.
United States Steel Corporation (NYSE:X) reported earnings this morning. The stock has soared, making new 52 week highs.
** Where is X heading and what caused the pop?
Earnings were solid but this run higher is more based on short covering than positive results. This tells us the pop in the stock price will run out of steam. The question is, at what price level? The price level to watch is quickly approaching based off a beautiful trend line seen in the chart below. Look for a max move of $23.50 on U.S. Steel before a pull back begins.
Chart: http://ift.tt/2acIk0j
Gareth Soloway
InTheMoneyStocks
News this morning was an earnings problem with McDonald's and a couple of downgrades in the restaurant sector. Let's take a look at the sector.
This is the Dow Jones US restaurant index and its got a lot of names and of course McDonald's is the heavyweight in the group. Before the earnings, as of the close yesterday, you could see that the group heading up towards resistance from the old high in April, above its averages although the averages are trending higher they are not great in my opinion. Indicators are a little on the high side, overbought, but the on-balance line for the group is not terrible. At least its going up for this little phase, of course not as high as it was earlier in the year. So this is a good place for profit-taking before any kind of news
Take a look at McDonald's. This line here is the pre-market trading so you can see it's down quite a bit - a couple of bucks - but overall it's not terrible. Still above the 200-day average. RSI is going to dip but away from the overbought region. The on-balance line looks pretty good down here so so far not really a terrible outcome for McDonald's and possibly even just a buying opportunity or at least something to look at.
Let’s move on to the next one that was in the news Panera Bread. Again here is the the pre-market trading so it’s down a little bit not terrible but again the overall charge is not terrible. Looks pretty good but momentum is slacking off a bit as you can guess because of this trading range. On-balance line not terrible but not great either so right now the thing is trading around its 50-day average in the pre-market. Until this support level break here I would say that there's really not a big problem. I don't want to buy it right here because it's trendline is broken to the downside. But I will keep it on the radar screen because maybe at the support level if it shows some sort of bounce that might be a good place.
Just a couple more to look at El Pollo Loco. This stock is obviously in bad shape even though it's above its averages right now the trend is kind of flat after a bear market. Not a whole lot to say about it down a little bit in the pre-market but really wouldn't want to be looking at this one at all today.
Cheesecake Factory you can see this as an actual trend line breakout to the upside and is pulling back. You can see that’s the pre-market level so this might be just a pullback from overbought condition and again a possible buying opportunity if it shows some bouncing with a little bit of power as it comes back down.
Finally DRI at support. The shorter line in there is the pre-market trading with not a whole lot of movement. To me it looks like it's at the bottom of a trading range or a support level and the only problem is on-balance volume is falling. Because it didn't bounce strong after hitting the support previously I kind of think it's trying to break down or move to the downside. So watch out for the breakdown. I don’t know if I like this on the long side. https://www.youtube.com/watch?v=NtIZO02SFjI
Should we expect to lose our shirts as long-term investors?
Or will this be a neutral, perhaps positive earnings report?
Predictions on how much the stock moves +/-?
The big market or the New York Stock Exchange is one place where the stakes are always high as it is the world’s largest stock exchange in every possible manner.
It discuss about Hang Seng which is a free float stock market index in Honkong, its history and impacts of Brexit on stock market. How Hang Seng started to recover when Nickel has slided and when and how stock ticker show the positive incline on stocks.
This is the first marijuana producer to be listed on a major exchange. Revenue is growing 40-50% quarter over quarter.
Financials and company information can be found here: http://ift.tt/1QFyuCo
Volatility is the amount of daily price movements of an underlying instrument. In most cases volatility is the difference of the high and the low of the day. Of course there are more complex methods of calculating the volatility but in this article we will go with the simplest one. Example: If the gold price varies between $1,200 and $1,224 then the average true range is $24 or 2%. Supposed that you have $100,000 in your trading account and you want to buy gold futures. Let’s say the daily range of gold for the last three days is 2% on average. We will use a 3-day simple moving average of the average true range to measure our volatility. If the daily range is $24 and a point in the futures contract is worth $100 that gives us the daily volatility of $2,400 per gold contract. Let’s say we are going to allow volatility to be a maximum of 5% of our equity. 5% of $100,000 is $5,000. If we divide our $2,400 per contract fluctuation into our tolerable limit of $5,000 we get 2.08 contracts. Therefore our money management model allows us to trade a total of 2 contracts. Take into account if we use the total equity model ( account value + open position value) we increase the amount of units traded compared to our total equity. The position size is then calculated based on our equity and the gains we have in our actual positions. If you use volatility for your risk management you might also limit the amount of your portfolio at risk. Giving a percentage number is talk in large so always evaluate your strategy performance before you choose the final portfolio exposure. Also important is your risk tolerance and the psychological factors that come into play. How would you feel if your $100,000 portfolio went down to $90,000 in a single day ? How much heat can you handle pal ? That’s a question only you can answer. This concept could be further developed and adjusted. To give you some ideas you can include concepts like group risk, average true range based on hourly adjustments (trading during the day or after hours is giving us different levels of ATR, primary market for specific contracts – NIKKEI futures experience the largest swings when the asian markets open ), ATR calculations and counting the number of directional changes during a trading session.
Milton FMR Institute ©
This is from the “not as it seems” department. We have the natural gas ETF and take a look at this a little flag break out Friday and bid up higher in the pre-market this morning. It’s going over the major averages and no it's not a stock using a 200 average up here it's still above its averages which is better than nothing. So natural gas itself doesn't look terrible but let's take a look at some natural gas stocks
This is a natural gas index and look at trading right here at resistance Here is a rising trend line and sitting on a 50 day average so looks like it's having a little issue right here. RSI momentum has a lower high so far so this one looks like it might be having some trouble here.
If we look at some of the stocks in the group EOG here looks like it is possibly breaking down below its 50-day average and trend line right here. We’ve got falling RSI, falling on-balance volumes and that's not a good thing. Is another one APC. Again same sort of format. Rising trend falling indicators and this is a longer-term trend line right above that is resistance.
Moving on, DVN Devon same story with falling RSI, falling on balance volume and resistance here right at that ggap as you can see that in here on the bottom.
Noble energy again all similar stuff somebody might recognize the noble and that's usually it's considered oil services stock and that's the key theme here that a lot of these stocks have big oil interests and oil appears to be breaking down right now. Here’s Cabot. Draw your trend line possibly already broken. Range Resources looks like it's at a short-term support ready to fall with RSI falling and on-balance volume week.
But there is always something looking better in any sector and this is Williams. You can see it above resistance, above that 200 day average. A very different look here are as RSI was rising, on-balance volume rising over the last couple of days.
And one more, the giant in the group Kinder Morgan. Same story. Looks like a break out and maybe possibly coming down to test that break out with rising indicators here. But overall even though all natural gas itself may be looking a little bit better, natural gas stocks - and my thesis is that it's because of their oil component - looking rather weak right now for the most part. https://www.youtube.com/watch?v=-npGgEMLJTQ
After news that Verizon bought Yahoo!, the question remains when Twitter will be bought. Anyone have any timelines?
Teucrium Corn Fund (NYSEARCA:CORN) is the ETF that tracks the commodity CORN. This jumped on my radar on Friday because of the oversold chart put in a reversal signal known as a bottoming tail. Bottoming tails are candles on the chart that are important when they occur at multi month lows. This is the case on CORN. When this occurs, the odds heavily favor a move to the upside.
Note the chart below. Upside is likely to $21.50 in the next month or two.
Chart: http://ift.tt/2a83dXn
The ETF for the commodity CORN put in a bottoming tail, which signals price reversal
Gareth Soloway InTheMoneyStocks
I am thinking about going that route but wanted to understand pros and cons.
Edit: Has* can't change the heading.
Should i keep it or sell it?
Buy buy buy!!
I'm not sure if this is the right place to ask, but I figured I would ask here. I am 18 years old and have always been super interested in the stock market. I've always wanted my own account and was just waiting until I turned 18 to make one. I've played many stock market simulators and read and learned a lot. So now I feel like I could handle owning my own online account now. I would only start by investing a small amount of money (not sure if there are transactions minimums but maybe $100) just to be safe. I was wondering if this is a good idea and if so what online stock market trading accounts are the best for someone like me? Thanks in advance responses!
Facebook (FB) is expected to report their earnings on the 27th of this month after the market closes for the day. According to Zacks Investment Research, based on 8 analysts' forecasts, the consensus EPS forecast for the quarter is $0.62. The reported EPS for the same quarter last year was $0.30
It is my opinion they will outperform much more than expected.
Factoring all of this information together, when would be the best time to sell? And WHY?
FYI - July 27th is a Wednesday
To make the most money possible, would you sell on the 25th or 26th? The 27th before the market closes? The 28th or Friday the 29th? And on those days, the morning or afternoon?
I would love to hear your thoughts & opinions... THANK YOU!!!
IMPORTANT: Extra karma for those who own a time machine, especially any individuals who have in their possession a DeLorean and/or Flux Capacitor. No making out with your mom or you can make like a tree, and get out of here.
I've been reading about the Wall Street Crash in 1929, and noted that after the crash, it was not until about 20 years later for the market to pass 200 points. Currently the Dow is at 18,570, I was just wondering if there was a way to measure the difference in these two points? Given the difference in purchasing power, inflation, etc.
Thanks
I can't download it from the Play Store, it says that my device it's not compatible but it definitly is.Can someone send me the .apk? I'm from Argentina,it's probably related to that.
So, after seeing some interesting threads regarding stocks on /r/AMD today, i was thinking of buying some as well. One thing i do not understand, is what stops people from buying stocks at, let's say 4$ and then waiting and waiting for the inevitable moment where the stocks's worth goes up. What i'm asking is: how do people lose money when trading stocks? why would one sell at a price lower than the price they bought the stock for?
EDIT: thanks /u/breakfree_clp and /u/robchaos and /u/Project_52 for answering my question
I recently LOADED up on shares of $WFC once Warren Buffett said he was ALL-IN on the stock. (about a year ago)
What is the long term outlook for this stock, and can we expect to make a profit/gain if we hold for say 5 years?
There were a couple of big moves in stocks today and let’s start with GE General Electric. It reported an increase in profits and better-than-expected earnings although its results in the industrial sector were probably below expectations and the company warned a little bit about what was coming but take a look at this.
It’s been a very strong performer this year leader on the Dow and it came back into this support area that used to be resistance, now it is support. The thing is it didn’t break below the support area so the uptrend officially still intact. You can see this line here the bottom and possibly want to call it the triangle pattern also still intact so GE with a good performance relative the S&P 500 and certainly good on bound volume. So this one is an example of a stock that might have come back into a buying opportunity. As you can see this morning the open was weaker and it’s trading to the upper end of the range today. It is still down quite a bit but it’s near the upper end of the range so this one looks okay and possibly little cheaper than before.
Let’s take a look at another one – this is Southwest Airlines – with an entirely different chart – just up and down up and down and mostly sideways. Unlike GE, Southwest is below its major moving averages – the 50-day and 200-day – with big decline yesterday even though it had pretty good earnings, the warning for what was coming was pretty bad.
You can see the technicals leading into that – relative to the S&P 500 clearly lagging. On-Bounce volume clearly falling so just based on technicals and forgetting about the actual gaps on these two stocks, basic technicals leading up into them are totally different. Southwest, and probably all the airlines, maybe not something to look at. GE, on the other hand, maybe a buying opportunity. https://www.youtube.com/watch?v=W2KuIDHnneA
Hi, I am starting to invest some money in stock. I posted awhile ago and received some good advice. Like y'all recommended, I have messed around with games and such for almost a year in prep for actually putting some money in. Also, I have been saving up some money, which was another piece of advice. A friend of mine (who is a financial advisor) recommended buying some stocks with dividend returns on your investment. Any advice on what to look for in dividend stocks? Or which ones you would recommend?
edit: Grammar
Not sure if this is the right place for this - but my mom bought shares of stock for me when I was young and I know I want to sell them immediately. I'm not interested in continuing any sort of investing at this time. What is the best method to do this? Do I have to go through a broker, or can I do it on my own?
I'm trying to spend a little time looking at market drops. Are there any websites that would make it easy to figure out the above question, that you can recommend? Thanks!
Good morning traders of the r/StockMarket sub! Here are your pre-market news movers on this Friday morning-
General Electric — The industrial conglomerate earned an adjusted 51 cents per share for the second quarter, five cents a share above estimates. Revenue also scored a beat. Revenue was up 15 percent over a year ago, although GE said the current business environment is being affected by a "volatile and slow growth economy."
TICKER SYMBOL: GE
Honeywell — Honeywell beat estimates by two cents a share, with quarterly profit of $1.66 per share. Revenue missed forecasts, however. Honeywell also raised the lower end of its full-year guidance. Separately, the industrial company announced it would split its automation and control solutions units.
TICKER SYMBOL: HON
Whirlpool — The appliance maker reported adjusted quarterly profit of $3.50 per share, 14 cents a share above estimates. Revenue also came in above forecasts. Whirlpool also raised its full-year earnings forecast, as it benefits from volume growth, cost cuts, and acquisitions.
TICKER SYMBOL: WHR
Stanley Black & Decker — The tool company came in 13 cents a share above estimates, with quarterly profit of $1.84 per share. Revenue was also slightly above estimates. The company raised its full-year forecast as well, as volume growth increases and profit margins expand. Separately, the company announced CEO John Lundgren will retire July 31, to be replaced by current President/COO James Loree.
TICKER SYMBOL: SWK
VF Corp. — The maker of North Face, Nautica, and other apparel brands earned an adjusted 35 cents per share for its latest quarter, one cent a share above estimates. Revenue fell short, however, and VF cut its sales forecasts for a number of key segments.
TICKER SYMBOL: VFC
Starbucks — Shares were are under pressure after adjusted earnings of 49 cents per share merely matched forecasts, and revenue was below Street forecasts. Investors are also focused on a lower-than-expected four percent increase in comparable-store sales in both the U.S. and globally.
TICKER SYMBOL:SBUX
AT&T — AT&T earned an adjusted 72 cents per share for the second quarter, matching estimates, while revenue was slightly below analyst projections. AT&T saw an increase in wireless subscribers, but also experienced a decline in pay-TV customers.
TICKER SYMBOL: T
21st Century Fox — The company announced the resignation of Roger Ailes as chairman and chief executive of the Fox News Channel, a development widely expected over the past few days in the aftermath of a sexual harassment lawsuit by former anchor Gretchen Carlson.
TICKER SYMBOL: FOXA
Chipotle Mexican Grill — Chipotle missed estimates by six cents a share, with quarterly profit of 87 cents per share. The restaurant chain's revenue also posted a miss, as comparable-store sales dropped more than expected. That came despite promotions and increased food safety measures in the aftermath of last year's food illness incidents.
TICKER SYMBOL: CMG
Visa — Visa came in three cents a share above estimates, with adjusted quarterly profit of 69 cents per share. Revenue was very slightly below forecasts. The credit card issuer also announced a $5 billion share repurchase program, as well as a new strategic partnership with PayPal.
TICKER SYMBOL: V
PayPal — PayPal matched forecasts, with adjusted quarterly profit of 36 cents per share. The payment service's revenue beat estimates, thanks to growth in its online payments business.
TICKER SYMBOL: PYPL
Pandora Media — Pandora lost 12 cents per share, narrower than the 16 cents a share analysts had expected. The online radio service's revenue missed forecasts, however, as did its current-quarter revenue guidance, owing to a drop in active listeners.
TICKER SYMBOL: P
Skechers — Skechers reported quarterly profit of 48 cents per share, four cents a share below estimates. Revenue also missed Street forecasts. The shoe maker was hurt by several factors, including currency fluctuations and a fire at a warehouse located in Malaysia.
TICKER SYMBOL: SKX
Boeing — Boeing said it would take a more than $2 billion charge against earnings for the second quarter, related to various aircraft programs, including the KC-46 tanker aircraft and 787 Dreamliner programs. Boeing is scheduled to report second-quarter earnings next Wednesday.
TICKER SYMBOL: BA
ConocoPhillips — ConocoPhillips will cut six percent of its workforce, about 1,000 workers, in the energy giant's U.S. and Canada operations.
TICKER SYMBOL: COP
Valeant Pharmaceuticals — The drugmaker said the Food and Drug Administration has raised issues regarding a Bausch & Lomb eye drop manufactured at a facility in Florida. The eye drop in question treats a certain type of glaucoma, and Valeant said it planned to address and resolve the concerns.
TICKER SYMBOL: VRX
Syngenta — Syngenta said it expected its deal to be bought by ChemChina to be completed by the end of the year. That statement came as the agricultural chemical maker reported lower-than-expected first-half profit.
TICKER SYMBOL: SYT
Amazon.com — Amazon is set to announced new investments in Italy worth at least $500 million, according to Reuters.
TICKER SYMBOL: AMZN
Advanced Micro Devices — AMD posted its first increase in sales in almost two years during the second quarter, thanks to increasing demand for videogame and graphics chips. AMD lost five cents per share for the quarter, compared to the eight cent a share consensus estimate. Revenue was above forecasts.
TICKER SYMBOL: AMD
Good trading day to everyone in here on this Friday! :)
Idea I recently came across $MU. A super liquid tech stock that trades $100+ million per day. I quickly realized that this stock had enough range that if I were to start trading 100 shares I could make $25-100 bucks per day. That's a raise that I don't have to go ask my boss for ;) so I was interested. Around this time I also began closely following the Nasdaq 100 index and noticed the correlation that these two had.
Strategy: If I keep up with all the macro events affecting the global markets which in turn affect the US indices; I should be able to predict the direction of $MU and make a few bucks each day without resorting to trading pennystocks.
Results: It works. While I had two events that took me by surprise it's clear to see that if I pay close attention to news events it's possible to make fairly consistent returns each day by trading a single stock.
Caveat: MU has its own news events that affect its price. Knowing when such events will cause a deviation is definitely an art. There where days when I didn't trade at all because I was unsure of how the market would react the following day. MU also experiences its own levels of support and resistance which keeps the price from going further. Hence why I've had to look elsewhere for similar opportunities that yield "easy money". Lastly, if nothing else I've found tracking the indices to be a very useful skill.
3M Co (NYSE:MMM) is collapsing today, dropping to $180.14 -1.28 (-0.71%). This is following an all-time high yesterday. While most investors marvel at the stock move and want to buy, it is probably one of the freakin' biggest shorts or sells out there in the universe. There are so many negative indicators on all time frames that I literally get excited (in more ways than one) when I look at it. There are 4 key factors on the charts that give confirmation to this theory, all of which indicate that a drop of 25% is in the cards. Let's go over all of them right here so you can make an informed decision on this trade...
Charts: http://ift.tt/2a2Hbtl
There was a bull flag on the daily chart going into yesterday. This normally signals significant further upside. Yesterday, the stock surged early, then gave up 100% of the move to close flat. Technical traders understand this signals a failed breakout. Failed breakouts usually result in a significant sell signal. Coming off all-time highs, this could mean a multi-year high and 20% correction in the next six months.
The weekly chart has a 3 bar surge. Three bar surges on any charge usually signal a pull back is on the horizon. However, a weekly three bar surge, coming at all-time highs can mean a multi-year high pivot is in place.
The monthly chart on 3M has seven green candles higher. This means that for seven months, the stock traded up. For hardcore InTheMoneyStocks PPT Methodology investors, this is insanely significant as it shows a 95% chance of a drop in the stock when matched with all the other signals discussed.
Lastly, on the monthly chart, connect the highs from 2003 to 2014-2015. If you extend the trend line it hits the highs on the chart perfectly. This is just one more epic sell signal for $MMM
Gareth Soloway InTheMoneyStocks
Hey Reddit! I was wondering what software should I use to invest, I use to use the simulator in Plus500, but now I want to invest actual money and I'd like to know your recommendations on software.
Thanks in advance! :)
Hey everyone, I was thinking about LOADING up on some AAPL shares before their earning report.
Is this a smart idea, or I am I playing a gamble that will ultimately result in me lighting my money on fire?
Thanks for all your feedback!
We can look back on this chart and see over here we’ve got oil - the USO ETF - in purple We can see that falling sharply back there last summer; this little line showing that. While stocks moved sideways to slightly higher. And then you could see wasn't good for stocks after that. The black line is the SPY ETF falling hard.
Again, we have oil with the divergence to start making a lower high over here stocks making a higher high and then oil dragging the whole thing down. No divergences down here - they bought them together.
Here we have a fake out with oil falling for maybe a week or so before recovering and stocks dipping a little bit but not breaking down. This stuff doesn't work perfectly and nothing really does in the markets, of course.
But here we have another condition now look at this. Oil has been falling for not quite 2 months . Stocks as we all know with the Brexit dump and then this huge rally over the past couple of weeks but you can see that oil is not not saying anything good about it. If this correlation is still in effect then this fall in oil price is not a good sign for stocks.
There's plenty of other reasons to look at stocks and say well the trend is up and breadth is good and all of the kind of things that would get you to be bullish including the breakout to all-time highs. But I don't think it's as it seems. There's a lot of things that I don't like below the surface and again if the oil correlation still holds then this is just another another reason to be careful. https://www.youtube.com/watch?v=IWX1o0Xi5Kk
I have always known that demand and supply are the determinant of the price of a stock. But this has not been the case for oil. According o the EIA, they show that oil demand has increase from 1.15mil barrel per day, to 1.45mil barrel per day yet, the price of oil is still hovering around 42 -52 usd per barrel. Can anyone please explain to me what is happening or is there any other factor that i failed to consider here?
Thinking about getting into Facebook for a longer term hold. Do you guys think I should get in now, right before, or right after earnings?
I go into my theory of how successful traders after making big money should put those gains back into safety and restart the process. How to Stick to Your Trading Plans https://www.youtube.com/watch?v=iGzXmRqKU1k
I'm currently in on $CHGG at $4.46. Looking around, I've come across quite a few articles expressing the high possibility of Chegg's earnings being +. What do you guys think- Hold until August 1st(Earnings Release Day) / Or cut any possible loss now and get out in the green?
Medallion Financial Corp. (Nasdaq:MFIN), a specialty finance company that originates and services loans in various commercial industries, has taken three initiatives which it believes will benefit its financing and diversified loan structure in the second half of 2016.. • The sale of nearly $100-million in prime-credit consumer loans last week by Medallion Bank, MFIN’s unconsolidated wholly-owned portfolio company, to a large super regional bank at a premium
Medallion Bank’s loan sales will help fund MFIN’s fast-paced pipeline of new consumer loans while eliminating any potential loss exposure. In 2015, MFIN reported record earnings of $29,376,000, an all-time high, 80% of which came from consumer lending. Alex Twerdahl, managing director of Sandler O’Neill + Partners, expects MFIN to continue focusing on growing the consumer business “as a more attractive use of capital relative to other lines of business. Consumer loans grew by over 30% in 2015 and about 4% in 1Q16,” noted Twerdahl in his quarterly report dated May 11, 2016. “We are modeling growth to be about 20% in 2016 with an increase in originations in the warmer months.” (Recreational vehicles and boats comprise a significant portion of the MFIN consumer portfolio.)
• An amendment in June between Taxi Medallion Loan Trust III, an indirect wholly-owned subsidiary of MFIN, and Autobahn Funding Company and DZ Bank, credit facilities of MFIN, to improve the Trust’s flexibility and freeze further advances.
Taxi Medallion Loan Trust III provides most of MFIN’s “revolver debt” funding. The Trust has been structured so that MFIN has no revolver debt exposure.
• Decision to freeze the size of its taxi medallion loan portfolio as MFIN continues to diversify its portfolio and to expand in other areas of lending such as consumer loans which are significantly more profitable.
In his same report, Twerdahl noted “that the company’s medallion portfolio is roughly as large today as it was at the end of 2010…..the fact that MFIN’s book did not grow suggests that the company was not aggressively chasing after paper into the medallion price peak in mid-2013.” MFIN reported earnings of $6,848,000 or $0.28 per diluted common share in the first quarter of this year. Managed assets in the first quarter were $1.698 billion, including $1.01 billion at Medallion Bank, both all-time highs.
Given that VXX loses over time at a fairly drastic rate, why not just buy ATM puts on VXX?
Hey guys,
I was long on Solarcity stock so bought some when it was arout $30 per share. Now Tesla want to take the company and are offering $26.50 - $28.50 per share.
So being fairly new to the stock market I was just wondering, do shareholders such as myself (who don't have voting rights) just have to suck it up and accept a loss when businesses get taken over like this?
Silver is taking a beating in early trading today. The ETF iShares Silver Trust (NYSEARCA:SLV) is dropping by over 2%. Investors are wondering where it will find significant support? The chart below shows it perfectly, with a gap fill and up-sloping trend line meeting perfectly at $17.85. Look for the SLV to head there before it finds major support and bounces.
Chart: http://ift.tt/2aueUJR
Gareth Soloway
InTheMoneyStocks
Let’s take a look at the US dollar today which is breaking out to the upside. This is the US dollar Index and you could see this nice support level that’s been in effect pretty much all year with a temporary violation here. Put some more lines on the chart and see a nice down trend line broken to the upside. We have a consolidation and then a break out to the upside again arguably yesterday following through today. So the US Dollar is on the move higher.
Now let's take this in a different form in the UUP ETF. It's similar in form, of course, but you can see the support lines a little different; actually it's quite different. We do have the broken trendline, the consolidation and the breakout this week. This is just for people who wanted to track something stock related. This is the ETF for the US dollar Index. Now let’s see who's getting who's getting sold at the expense of the US dollar.
Of course, you have to start with the Euro ETF. You can see pretty much the inverse pattern - resistance level, trendline break and now it looks like a new break down here so Euro is still heading down.
Next we'll look at the British pound. This is the British pound ETF FXB and course we can see all of the fun with the BREXIT and the collapse after that. so this thing still looks pretty weak although more volatile than I'd ever care to trade.
Moving on. The Japanese yen ETF FXY. It got up to this resistance area, more or less, and turned around to head south. So this is another reason why the US currency is heading higher because it is paired with Japan, which is the second most heavily weighted currency in the dollar basket.
So the dollar looks pretty good against the world right now. Of course there are going to be some exceptions in some odd places, and we’re not even going to look at the Turkish lira, which is not part of the basket, of course.
But right now, the US dollar is heading higher and that is going to keep the pressure on gold and prevent its rally for now. I do still think gold is in a bull market but for now a little pressure on the metal as the US dollar seems to be heading higher. https://www.youtube.com/watch?v=dymJ1ffLD5c
I've been interested in finance off and on for years, and I'm hitting kind of an on point again, especially with the stock market, where are some good places to go for financial news and research?
Today I want to take a look at interest rate related items and make the case that rates are still in a downward trend, staying low and there is no reason, at least on the charts, that they are going to move higher anytime soon.
Let’s start with the TLT long-bond ETF and you can see the trend without even drawing lines on the chart. The trend is still to the upside. If we add some short-term moving averages, the 10, 20 and a 30-day average - the 20 and 30 are exponential - you can see you can see that price is above these averages, no downside crossovers, no flat averages and still a rising trend in TLT.
Now I'm going to switch to utilities and it's an interest rate sensitive item. Same story. You got a rising trend, it's unbroken with no real breaks of any kind. RSI on the bottom since this is a stock instrument, strong but not overbought.
Let's keep going. Here we have IYR, a real estate ETF. A Real Estate Investment Trust with the same story. Still hovering near new highs, well above the short-term averages, RSI is strong but not overbought.
Let’s change the chart type. This is just a few stock index items on the bottom. On balance volume powering to new highs. And price relative - price versus the S&P 500 - that still rising. So you got the real estate ETF above its major averages. You got the XLU utilities above the average and running higher. You got the bond ETF above its averages and trending higher so nothing on the charts from basic chart reading that suggests anything but a falling in interest rates and a rising market in interest rates sensitive instruments.
https://www.youtube.com/watch?v=IH2MrcRijE4&feature=youtu.be
Did anyone see this coming?
How should we react in the coming months and years?
Had a shower thought last night. Got me wondering on when cash settles on the third day. Is it right at market open, or is it trade+3full 24 hour periods?
I've heard the fact that it doesn't require any transaction fees but does anyone have thoughts on the app as a whole?
Hypothetical here. If slavery had never been abolished throughout much of the world, thus allowing human chattel to continue be traded on open markets, would it be possible to extend to them many of the same financial instruments that we have with other commodities? Futures contracts, exchange traded funds, etc.?
If you think so, lay out an example of how it would work. If you don't, what aspect of a slave's production and trade makes it inherently difficult to represent in financial markets?
I had a question about buyout procedures and what it would look like for shareholders, given this non-straightforward scenario.
We know that Yahoo is in talks to be bought out, seemingly by either Verizon, or AT&T (according to various reports). However Yahoo's structure is odd. They have their core business (ads, search's etc), but they also have a 15% share of Alibaba ($BABA) and 35% of Yahoo Japan. These shares are worth about $30B and $8B respectively. Theoretically Yahoo should have a market cap of at least $38B, assuming the core business is worth $0.
Now if Verizon buys out their core business holding for $X amount, but does not acquire their holdings, how would that acquisition look like from the shareholder end? Would it just be as if Yahoo got an extra $X amount in cash? (assuming cash deal) And then would Yahoo essentially be a "shell stock" that is .15BABA + .35Y!J shares?
Seeing as this is bound to happen in the next few months (if not sooner), I'm curious what the downside would be to owning Yahoo before an acquisition. Thanks for you input
News over the weekend was an attempted and failed coup in Turkey so I thought I’d take a look at some of these Emerging Markets to see if there’s anything of interest there – and I think there is.
Let’s start with turkey and as you can see it had broken down below its averages and made a break out attempt when the rest of the world was rallyng but that ended with the gap down opening this morning. This the Turkey ETF by the way TUR symbol and really not much to like here in terms of indicators and a trend that appears to be down once again.
Let’s keep going and look at the Emerging Markets ETF. Just a general Emerging Markets some coverage on this one and we can see that the trend is still to the downside mostly but take a look over here and I do see an upside break out over the last week or so. I think it looks pretty decent above its 50-day and 200-day moving averages, Price relative is slightly better but still not great but at least it’s on the strong side. Nothing that interesting there but it’s better than what it could have been.
Let’s take a look at one of my favorites This is Vietnam – VNM is the symbol – that looks like an nice breakout from a range that’s been in effect for a couple of months now, through both averages recently the 200 day so it’s pretty good. It’s not really outperforming the US right now but at least it’s matching the pace and RSI again is on the high side which is good not overbought but not week either so I like the Vietnam ETF. Something to check out.
Next, take a look at China or the FXI ETF – a quasi China basket. Same story here even in this part of the world with a breakout above the average and above this recent trading range. I like it but not quite as much as some of the others but it is certainly better than it used to be.
Moving to another part of the world this is Brazil. Lot’s of news there with the Olympics and the zika virus but look at the trend in the stock market. Not too shabby. That is a rising trend, above its averages and beating US a little bit over the last two months. Momentum is decent so on the pullback it is probably a good one.
And finally This is Peru and the reason I like to look at Peru is because it’s almost a proxy on the precious metals. It is very heavily into silver mining and when one does well the other seems to do well. It’s a nice breakout although the RSI is not exactly overbought this looks like it probably is ready for a pull back. You can see the 50 day average clearly above the 200 day so that part of the world not bad. Even though turkey – a big Emerging Market – having its problems the rest of the Emerging Markets world is not too bad. https://www.youtube.com/watch?v=1dsvJ5uXF1w
Hi guys. Im a 21 yr old from UK looking to learn wise investment. Im on track to have a good career and I like the idea of using the stock market to supplement my income/build up a pension (saving in the UK looks bleak).
Im using a virtual trading app which follows the stock market and after getting off to a great start I'm slumping. I'm currently using BBC news and reddit to keep abreast of what's going on but I want a better understanding of concepts. I never studied economics so any help would be great. Any books or sources of market news you guys would recommend?
EDIT: have since read the sidebar and realised I'm an idiot for not looking to see if my question has already been answered.
Flat screen displays are the most admired display technology. They unite high-resolution data display for spiky imagery with excellent video capability for smooth movement. Designed for optimal sleekness, flat screen displays can drape anywhere without interfering with room traffic. Its applications are boundless ranging from learning, presentation, assembly room and collaboration, being used as interactive information kiosks.
Anyone using a stocks and shares ISA instead of or as well as a trading app like getstocks?
I like the usability and features getstocks and lower trading fees but the tax break of Halifax bank ISA seems too good to pass up.
Before and after Pokemon GO
Hi, so let me tell you my situation. I am 17 years old, and I work a summer job(part time) making around €100-€150 a week. As of now, I have €350 from working, and I am wanting to try and invest it into the stock market. I would like to try and invest all of my work money this summer, and hopefully increase it. I am very new to the stock market concept, but I am very interested and keen. I would like to know everything there is to know (all I know is that you have to buy low, and sell high. I have no idea what BEARS, and BULLS are). I don't even know where to go to buy stock shares(is it a website, a physical loaction, etc?). Please, if anyone has any information on how a "noob" can understand the stock market and manage to do his first investment, please share. Not only would it help me, but it will help other fellow "noobs".
Thank You :)
I'm new here and I'm looking forward to buying my first stocks as I just turned 18. As soon as I turned 18 (June the 18th) I told my parents they should help me buy Nintendo stocks becuase they have a new mobile game (Pokemon GO) coming with another company (niantic) and it's most likely going to make them (and niantic) millions! And Nintendo are also making a last effort to get back to the top of the console market with the their "NX" console coming in 2017 probably. But now that I was too afraid to make an investment account and I'm seeing Nintendos stocks raise evey day and Pokemon GO hasn't even seen a world wide release yet! I belive it's going to just get bigger and bigger as buisinesses are going to pay Niantic for pokestops and gyms at their locations to attract customers and all the events coming etc. and I also belive that Nintendo NX will be amazing (but probably still sell less than PS4 etc.) and will definetly sell better than their latest console "Wii U". I should have invested when I first said I would but is it too late now? Or should I study the stockmarket more and get some experience before making a big investment like this?
just giving this a trial run this week here on r/StockMarket
i run this contest at another site and it has become very successful so i thought to try my hand here at the r/StockMarket sub to see how it would work out ... this is just a trial run this week but if i see this thing actually takes off here on this sub i wouldn't mind giving it whirl every once in a while here as well ... we'll see how it goes ... but i just thought i would throw this up now seeing as we are getting into the meat of the earnings season ... this is pretty fun to track during the week on the site i do these on so i'm looking forward to seeing how this does here on r/StockMarket as well ... i think this could be a lot of fun for everyone!
the rules for this stock contest are pretty straight forward & easy to understand:
Pick TWO stocks, either long, short, that trade on the U.S. Stock Exchange.
You cannot duplicate someone's exact play (either of them). For example, if someone picks AAPL - Long, you can only pick AAPL - Short as long as it is not taken yet.
Get your picks in BEFORE the opening bell on Monday, July 18th. I will provide all the opening prices as I have the spreadsheet set to auto look up the opens.
The stock must close at $2 minimum the day before the contest. No Indexes or pinks/OTCBB. The Company must have a market cap of at least 500M.
Once you pick something, that is it, it is yours unless it is not a valid pick. This way someone doesn't pick a stock that others want, then at the last second change it. Please do not edit your posts with your picks. If you pick one at a time, just use two separate posts instead of editing your first.
If you have any questions, feel free to ask, and if anyone sees someone else messing up, please correct them. Also, please look at your positions after I post the spreadsheets. I try to catch mistakes, in and out of my control, but need your help in making sure the information is accurate.
Remember...the contest starts at the opening bell on Monday, July 18th!
GLTA.
Hi everyone,
I've always wanted to have a basic understand on how economics and the stock market works, but I am limited because of the poor internet access here in South Africa,
I'm also looking to improve my mathematical skills for a better understanding, could you fellows give me some resources to get started?
Thank you in advance
What is the buzz about?
