Working in my spare time on an equities database and financial data visualizations website:
http://hotstocker.noiseclear.com
Currently, the data is EOD and offers a convienent visual way to look at company financials.
Open to comments, feedbacks, bugs and ideas. Happy holidays!
David’s Bridal
Sears
Mattress Firm
National Stores
Gumps
Brookstone
Rockport
Nine West
Claire’s
The Walking Company
Bon-Ton Stores
Kiko USA
A’gaci
For me, my goals are only indirectly related to the market. I've been trading full time since 2013 but have, over the last 2 years, let trading take a back seat to bigger goals, namely building and growing LazyFA, and honing my fundamental research skills.
In 2019 I'd like to grow the app to at least 20,000 users (currently just under 4,000) and would like to develop a mobile app for it as well. Aside from that I've got a goal to read one new book each month, and will continue to hone my development skills while trading options on the side, mostly selling SPX spreads. If the volatility continues as it has been for the end of 2018, this should be very profitable and fairly low maintenance.
If you're just starting out, sometimes it can help to put your goals out there in public, but regardless of your experience, what are your trading/investing/personal goals for 2019?
Happy new year and best of luck to everyone in whatever your endeavors!
Today, Lawrence Seidman, the activist investor who in the past has been characterized as Mr. Potter from It's a Wonderful Life (see this old Forbes article for some background on Mr. Seidman) has increased his stake in Bankwell Financial Group (NASDAQ: BWFG) to 7.29% in the community bank.
Seidman's first 13D filing in BWFG was made earlier this month on Dec 13, 2018.
Purpose of transaction: "The Reporting Persons originally purchased the Shares based on the Reporting Persons’ belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity."
Siedman also stated that he had been having several conversations and meetings with management. Subsequent to this first 13D filing, on Dec 19th, BWFG announced a 400,000 share buyback program.
The current stock price of ~$28.65 (mid-day) is just slightly above Siedman's average purchase price (based on latest 13D filing) of $28.15.
This is a post from my blog: 13D Filing Blog
This is not a recommendation, just info. See blog for full disclaimer.
The Corporate tax cut has been a huge boon to many companies. Has the increased profit caused P/E’s to be artificially low? If so, will they rise as soon as the tax benefit ends?
So for the last week people have been mostly expecting highly volatile markets during the month of January, but the past 2-3 days we have seen the exact opposite. The daily changes in the market have been very small <1% changes in the market.
Is the fact that we all expect volatility actually causing people to feel more comfortable holding their stocks, actually causing less volatility?
Meanwhile many people see this low spot as a time to buy which could be causing the small increases we are seeing in the market. Is it possible that traders gained some confidence and that this could be when the market starts rising again?
Dollar strength and rising interest rate environment - How it's going to play out - step by step guide - all you can find here:
Will emerging market slowdown affect Dollar's strength in 2019? Or will we just plough through possible recession.
Your opinions are welcomed below
I heard that Shillers PE ratio is not useful as of now, due to greatly elevated PE during 2008-9 due to financial crisis when PE went through the roof due to reduced earnings, and since Shiller PE is usually trailing 10 years, 2019 would have much "better" Shiller PE compared to 2018 due to exclusion of the worst years in financial crisis.
Any truth to that? How useful is Shiller PE for US stock market valuation in your opinion?
Hi guys I’m a junior in college and am looking to start investing using Robinhood. Right now I only have about $300 to start with but I’ve been doing some reading and trying to learn. With these being my first time in the market though I don’t wanna jump in blind. Because of this, I’m asking for your best recommendations for how to spread or put my money in Robinhood with a little bit about why to put it in these stocks well. Thanks again for helping out a 21 year old looking to grow up a little.
A lot of tech stocks are a little over half of what they were at all time highs. Is it not greed and a rather futile attempt to time the market at this point?
Guys interested to know what is the number one trait in your opinion that makes someone a succesful stock market investor? In my opinion that is discipline . If you don’t have discipline you just cannot expect good long-term returns in the stock market, atleast in my opinion. If you fancy you can check out my full reasoning here https://0tofreedom.com/2018/12/23/the-most-important-trait-in-a-stock-market-investor/
Picking a winning stock isn’t that difficult, but people want ridiculous returns sometimes and reach for highly risky stocks instead of proven companies that might deliver 10-20% annually. This video is a Peter Lynch style checklist for picking a winning stock and evaluating a business! Let us know what you think of our video and comment below which topic you’d like us to cover next!
From past readings, I’ve always assumed fiscal year end bonus cycles at big investment firms helped drive an occasional exodus from markets as managers looked to stabilize their performance. These conditions being further exacerbated in times of volatility and uncertainty.
However, from reading here, it seems my assumption has holes (as often happens with assumptions). As an example, holes around human psychology and band-wagon jumping.
Any other thoughts where my assumptions are flawed?
I’m curious on perspectives here. I’m of the mind that because of govt’s intervention after the 08 crash, the market should logically have continued doing well for longer, however I think a lot of fear had built up with economists and institutional investors who are taught that the markets cycle on a schedule and that we were in a “late market cycle”. It seems like a lot of them had their finger over the sell button, more than what’s logical to expect.
So what do you guys think? Does the market have to dip on a regular timeline or should it have continued along this time?
KEY POINTS
----
I did some research and base on his firm’s website. According to the latest data, his funds did not outperform the broader S&P 500 index so far this year.
YTD Performance as of 09/30/2018
LCORX 0.08%
LCRIX 0.21%
S&P 500 10.56%
Lipper Flexible 2.63%
Wonder how his funds perform after the recent market rout.
Leuthold Group https://funds.leutholdgroup.com/funds/48-leuthold-core-investment-fund
Now that the stock market has made a bounced, it is typically followed by a retest, and then a bigger medium term bounce.
What follows the medium term bounce depends on the macro economy
Good price? Currently stands at $18. I’m just really looking to put money that’ll hold value if not go up, and could be something I sell if we hit a repeat of 2008. I hope this doesn’t start political wars either, I’m just worried. Everything went to shit in 08 and if it happens again I’ll probably be without a job. Also, when looking at charts what should I pay attention most to, buys and sells on 1day or 1week 3m, etc. thank you in advance.
Imagine a crash where even the government is unable to pay you back your bonds because that money went into stocks to artificially inflate the stock market. Checkmate.
Through my broker's website, I set my account NOT to reinvest dividends in a certain stock. Yesterday, the cash was there shortly after the market was closed. Today I see that the cash was reinvested into a stock that I did not want. My account was, and still is set up not to reinvest dividends in that stock. I had immediate plans for the cash from that dividend. I could just sell the shares, but then I'm unsure how that will impact my taxes. I emailed my broker (on a weekend, unfortunately) but what else can I do next to get this resolved as quickly and painlessly as possible for everyone?
The only 2 brokerages without fees I'm aware of are Robinhood and WeBull, and I have both. I don't like Robinhood as much because I prefer short selling to being long and they don't allow shorting, but I love WeBull and have had no issues with them (with the exception of so few shortable companies but they've assured me they're increasing the number of shortable companies soon). I've been trading on RH for a few years and WB for a few months with no evidence of any unsavory behavior from either.
I've done my research on both of these companies and found nothing that scared me from any seemingly legitimate scam. A few people here and there seem to think it's a Ponzi scheme or something, but the companies are compliant with all the appropriate government entities as far as I can tell.
Do you have any thoughts on this? Am I just a gullible idiot or are some people just a little too paranoid?
Gray WolfLast Wednesday at 1:42 PM You don't need to get into the Discord chat to use this but we'd like to have you there if you can. Anyone can join this at any point in the year that it is running. Ends the end of Dec 2019 and if it gets used we'll create more.
I have setup a stock market simulator for Discord Live Stock Market Chat (that is the name of the game) This is intended for the Discord Stock Market Live Chat group and can be entered at any time during the year. Because of this it will unfairly reflect leaders that come in late etc. So, no winner will be declared. This is not to boast about prowess or to demean anyone that might be losing because they are testing strategies and not trying to win. 1. You must register for free at Investopedia. 2. Choose a username close to your handle (you may have to add numbers to it to get to min 6 characters) 3. If already registered you can go to edit profile and change your username to match your handle so your real name is not exposed. 4. Once signed into the Simulator go to Games / Join game and search for Discord (you might see 2 games but it is the obvious Live Chat one you want to join 5. Left side menu has a Help option https://www.investopedia.com/simulator/game/gamedetails.aspx?RGID=439416(edited)
Investopedia Login | Investopedia [IMG]
Gray WolfLast Wednesday at 8:19 PM
traders_live_chat can be used as our chat for this. If you have any problems with this use the #ask_any_question from and post and someone will get with you to help. Nothing says we can't us the main #general_live_chat as well but the traders chat will be less noisy. If there is enough chat activity I'll ask to have a room created.
I’m trying to learn strategies and how to read trends and such, but not too many videos are helping, I honestly don’t know what I’m looking for! Any suggestions? (I currently use Robinhood, as it’s convenient while I work during stock market hours)
$4.4 billion for 425 Sears stores = $10.35 million per store
https://www.cnbc.com/2018/12/28/sears-chairman-eddie-lampert-submits-bit-for-company.html
I'm fascinated by what happened this week. However I wish I knew more, what really happened?
You have a stock that is propped up by hype, and we even have a certain date where it will certainly tank beyond that date, and yet it's still 3-4 times more than IPO price.
That's TLRY. Still mind boggling its $70+, it's only about 2 weeks away from IPO lockup expiry, and recently it got pumped 10% and 16% daily by management. You have to wonder what these retail trader idiots are thinking holding it to still $70.
Another thing reminding me was HMNY. That stock, everyone with triple digit IQ would know it's heading to approach 0, and yet it took a year for it from Oct 2017 run to $34 to go to $1, then reverse split and end up $0.1. It was always amazing some bulls kept holding on to that total garbage, even though it was overvalued by a ton.
Now im not saying current market is any similar to TLRY or HMNY, but the underlying psychology is the same. The current stock market is overvalued but as long as there enough delusional fools out there, it wouldn't tank. PPT already pumped the general market and stabilized it, true legal market manipulation. But will it last next week? This is still a long term bear market/recession with some short term relief. And the danger is you never know when Oct and Dec rout gonna strike again but the real danger is there. This is no longer the bull market.
can't find anything on Google
I know this is a stretch to ask because mayhaps not even one person in this whole sub knows who he is, but you can’t win the lotto if you don’t try. He is an avid technical analyst in the industry for years and is now an older gentleman. He provides monthly services but without free trial and I have no reason to believe he will reveal his settings even if subscribed.
What sort of stats make you want to smash that buy button?
Hello guys, I am pretty confident that we are going to continue to see an increase to the numbers of super-rich people. So which companies do you think will benefit the most from this trend ?
I am 24 years old, investing long term for wealth growth and eventually retirement. I currently make ~$60,000 Gross Annually with 7% matched in 401K (TRPLX). I have ~$7,500 in cash. Seeking advice for my Investment portfolio. Looking to reduce from 22 down to 12-15 holdings. Thanks in advance!
$23,678 Current Market Value
VOO (17%) BND (13.5%) BRK.B (13.5%) MSFT (7.5%) V (7.5%) AMZN (6.5%) AAPL (6.5%) SPLV (3.5%) COST (3.5%) LULU (3.5%) DIS (2.5%) ALK (2%) AMGN (2%) SBUX (2%) WMT (1.5%) BA (1.5%) JPM (1.5%) TVIX (1%) NDAQ (1%) ADBE (1%) XLF (1%) PG (1%)
My portfolio is down by whopping 8%. Should i sell them all for tax benefit and buy again next year?
I heard people talk about this but is it worth doing?
Hi, I'm currently a 19 year old college student looking to start learning how to trade. I'm not really looking to invest long term, I already have a small 401k through work, and my parents probably wouldn't like me locking any money into any retirement accounts right now as I'm supposed to pay them back for college. I'm more so looking to learn and possibly make a little money. I was planning on paper trading for a couple months before hopping in, and I still might, but this is still really not the same as real trading with real money (no emotion, different dollar amounts and rules). I have paper traded in the past a few times in middle school and high school and done fairly well.
My plan is to deposit $500 or so into either robinhood or webull. First question, what is the general consensus on which of these 2 brokers is better?
Also when I open an account with either, how will this affect my credit? I believe it will do a soft pull or something just to verify my idenitity right? Will this affect my credit little or not at all?
I'm going to have to trade under the pdt rule right? Even if I don't use margin and just use a cash account? This is fine as I probably won't have much time in the middle of the day anyway. Can anyone point me in the right direction to learn strategies trading this way? I've been reading tutorials on investopedia to get a good baseline of investing knowledge, but I think I need to get a little bit more advanced now and learn how to actually make picks and such.
Sorry if any questions are stupid or redundant. Thanks!
Hey guys! I had done a quick search on the sub but didn’t seem too much info about this. Currently using Robinhood but finding myself limited by their resources and I already have a webull account up and running. I would like to start swing trading on webull and keep RH for options and such but would like all of this to be easily viewed somewhere to check P&L
Any suggestions? I trade on mobile with a 9-5 but a desktop app would work fine.
What goes up has to come down at some point. Sometimes, markets go down because they went up - a lot. We were really spoiled by the "Trump bump" of 2017. Did you know that 2017 was the only year ever that the S&P 500 went up each and every month? That's great and mutual funds made a lot of money. But remember, people have very short memories. Investors, in their 2017 exuberance, forgot that market volatility is normal. Now, it goes without saying, that the volatility we've seen in 2018 has been a lot more severe than anything we've seen in recent years. Why is that?
One main reason, above all others, is fear of... Read More...
Just wondering which books made a good contribution to your knowledge of the markets.
Markets are looking to start the day in the green. I wonder what sort of wild swing will happen today. Below are some of my thoughts ...
What’s the best (application) to buy stocks in like Charles Schwab, Robin Hood ?
I am talking about long holding S&P for retirement...should i enter now or wait for the bear market to end?
This will be my future retirement money (my savings)...can i go in now (assuming the bear market will go down another 20-30%) and *not* suffer a loss if i dollar-cost-average an amount each month?
Some iconic retailers have gone bust this year including Toys R Us.
https://www.cnbc.com/2018/12/27/sears-may-need-to-liquidate-if-no-bid-comes-in-by-tomorrow.html
It’s just a question I was discussing with friends. Maybe somebody can enlighten us.
Yesterday was supposed to be a "deadcat bounce" according to the perma bears. Today is yet again apparently, another "deadcat bounce" when will the perma bears face reality that we are heading into new highs in 2019?
GDP Growth Strong. CHECK.
Unemployment rate low. CHECK.
Consumer Spending Expectations in 2019 VERY HIGH. CHECK.
Yield Curve, far from inverting. CHECK
Credit Spread is tightening. CHECK
Debt levels at normal level compared to '08. CHECK
Central Bank Tightening, which means strong economy. CHECK.
Housing market is not as frothy as '08. CHECK.
These are all flashing signs of a new all time high in 2019.
Better not miss the flight to the moon, it won't be my fault when you do.
btw. this is /s
Mnuchin went to meet with the big banks during the weekend to prevent so-called "liquidity problems", except there's none. His real purpose was to pump the stock market, a mini-QE done by private banks instead of the feds.
He threatened them with lawsuits, so big banks had to comply. They first pumped Wednesday, then when today's market began correcting, they jumped in at the last couple hours and pumped it again
Trump must have ordered this. It is said he tracks stock market every day, he must know the bloodshed in December and he doesn't want 2018 end in bear market territory and make headlines, which will make him look bad. He knows it's a confidence/psychology game so he pumped this market, hoping to reverse the bearish trend not just end of year, but maybe prevent a crashing bear market all-together in 2019.
I think what's he's doing is extremely harmful. He's pro-longing the bear market, and adding crazy volatility to it. It's way easier to make money in a constantly bearish or bullish market, then a volatile market. The volatile market will probably lead to illiquidity because people use margins less, due to high risk of margin calls and crazy swings.
I haven't been able to get a gauge on what point gains or losses mean and why I should care. It's not like market share where is a company loses 15% value, those are tangible dollars lost whether realized or not.
I haven't been able to find out what the points represent, so I can't know if, for example, why a 200 point gain or loss is modest (or something else) or why a 1,000 point gain (that the Dow apparently gained today) is good, or "strong".
Hold on to your 🥜
At least on the perspective of volume, today’s berserk rush to the upside has less volume compared to recent days.
December 26, 2018
-S&P 500 up 4.96%
-DJIA up 4.98%
Today’s S&P 500 trading volume of 2.73 billion shares is 16% lower than its average trading volume in the past four trading days. DJIA’s 433 million shares traded is 22% lower.
I picked the just the average of the last four trading days because this is when it felt like the market was on its way to total panic/bear market-like scenarios. I hope we do recover the volume as well so as to have a more solid foundation of this comeback rally to year-end.
Cheers to the remaining trading days of an unforgettable 2018!
TRXC, USAT, VKTX are all things I bought that I am very unhappy with how they are going. I was thinking of dumping most of this in NVDA? It's fallen SO much, and it's bound to bounce up again? or should I ditch the rest of my Micron and put it on that? I dunno.
What is the best way to capitalize on a growing difference between two stock prices? For example if I believe Stock A is inversely correlated with Stock B, I would buy Stock A and short Stock B. I would imagine a short sell of equal value to a buy would result in the safest way to do this. Are options a better way of doing this? I don’t want to worry about IV and theta decay.
Dear investors and traders, may I know which site do you all visit to get the latest news on the financial market, global economy, forex, commodity, etc ? Thanks.
I have coca cola, adobe, footlocker, roku and znga (free stock robinhood gave me). Sold two penny stocks last night and decided to spend it on roku so I have mostly big name stocks
Looking to start buying stocks with a low budget, any recommendations where to start?
One things for sure about tomorrow, it will be interesting to see.
A Peter Lynch style checklist for picking a winning stock and evaluating a business! Let us know what you think of our video and comment below which topic you’d like us to cover next!
I have 600$ and I'm looking to invest in Coke (ko), Ford(f), Att(t) and Gladstone (glad). I'm hoping to put 400$ every month, I'm a dividend investor. What do you guys think?
is it time to buy?
I am an undergrad in Finance and I'm having trouble understanding the stock market. Most of my family doesn't know anything about stocks really but I want to learn more about them.
It’s amazing to see how quickly a stock market can reverse itself. At nearly 5% the Dow Jones index rallied its largest daily point gain in history at 1086 points.
Today private equity firm Silver Lake Partners (and its affiliates) filed a 13D disclosing an increased beneficial ownership in The Madison Square Garden Company (NYSE: MSG).
Silver Lake's first 13D filing disclosing ownership in MSG was made earlier this year in Feb. Based on the SEC filings, Silver Lake's average purchase price has been ~$233 per share.
In the Purpose of Transaction, Silver Lake make reference to MSG's assets being undervalued by the market. Taking a cursory look at MSG's balance sheet looks like there is not too much debt on those hard assets either, if that cursory examination is right this could be an ideal target for a leverage buyout which Silver Lake has experience with.
This is originally a post on my blog: 13D Filing Blog
This is not a recommendation, just info. See blog for full disclaimer.
THIS IS IT BOIZ, THE END OF YEAR RALLY BEGINS
I fundamentally understand the idea of option trading as I have been investing for a long time now. However, I never physically got into doing options themselves - what is a good platform to do this and what are some good guides to follow. I am the type to pick it up very quickly after I get the gist of it.
I have been pointed to an app called Robinhood, and I am not fully aware of how I can legally use it and profit from it since I am a minor. Should I use it under my parents identity? Wire it to my bank acc?
Some big companies are down 30% from 3m highs...Apple, amazon, etc.. is now a good time to buy?
I know bear is coming but will these stocks really drop much Lower?
Have we seen the end of this correction?
All US futures are green right now: https://finviz.com/futures.ashx
U.S. stock markets suffered their steepest Christmas Eve decline in decades Monday, defying the best efforts by the Trump administration to instill confidence, and coming very close to ending a record 10-year upward run.
By the end of Monday’s shortened holiday trading session, the great bull market that began in the lows of March 2009 lay lifeless, capping a three-week, 16 percent sell-off of the S&P 500.
President Trump and administration officials faced intense scrutiny of their unorthodox attempts to steady nervous markets. Treasury Secretary Steven Mnuchin’s phone calls Sunday to major U.S. banks further stoked anxiety among traders, while Trump’s Monday tweet attacking the Federal Reserve for not having “a feel for the Market” appeared to exacerbate the day’s sell-off.
Investors have been shaken by recent economic and political developments, including the abrupt resignation of Defense Secretary Jim Mattis; a partial federal government shutdown; an interest rate hike by the Federal Reserve; speculation that Trump might seek to fire Fed chief Jerome H. Powell; Mnuchin’s unusual calls to U.S. banks; and Trump’s sudden decision to withdraw U.S. troops from Syria against the counsel of his national security team.
Do you think the stock market will continue to tank?
Or have we seen a bottom in this area?
I’m looking to buy more $TSLA because it’s on a nice discount. I don’t have the expertise to predict when it’s a good time to buy. What’s your take?
I am 22 and just opened a Roth IRA with M1 Finance. I have a 401k with my company match as well. I’m looking for suggestions on what to invest in for the longterm in my Roth IRA hoping to contribute the max each year.
Everybody is assigning the market falling to this event or that event; do people realize that we’ve been on an almost 10-year bull run & are long overdue for these type of corrections?
:: cries in Spanish ::
that scenario would truly suck, but at the rate we're declining, who knows
Death cross
-Major indices (DJIA, S&P 500, NASDAQ) have exhibited the dreaded death cross
-By now, FAANG stocks have all succumbed to the death cross
Volatility
-Even went higher from last Friday of 30.11% to Christmas Eve’s 36.07%. More than double the average of 15.3% from 1928 to 2004.
Put-Call ratio
-Recently at its highest in the past five years. A higher figure on this ratio means that investors are buying insurance against further downside.
Yield curve (10y-2y Treasuries)
-An inverted or 2-year Treasuries higher than 10-year Treasures indicate a possible recession ahead. Not yet inverted but at the lowest point since 2007.
AAII Investor Sentiment
-Sentiment of bullish investors is at its lowest since September 2016.
-Sentiment of bearish investors is near January 2016 highs.
Bitcoin
-Bubble just burst. From near $20,000 a year ago to $3,815.09 per cryptocurrency.
Outlook
-S&P revenue and earnings are projected to be lower than 2018's.
You can read the full blog, with charts, here: https://www.brtechnicals.com/time-to-short-the-averages/
The stock market is struggling to find buyers. Slower growth seems inevitable in 2019, but the Federal Reserve continues to tighten monetary policy. I have been warning that monetary policy is one of the biggest risks to stocks since the Fed’s bond rollover program begun.
There is a disconnect between the markets and the Fed. This is because the market is forward looking while the Fed is backwards looking. The primary metrics the Fed looks at measured inflation and measured unemployment. They tighten policy, then look to see if it caused any problems. Inevitably, they will tighten until they see something break.
Our portfolios have been mostly in cash since October, but we have begun to deploy some of that cash into short positions. Rather than outright shorting stocks, we are using inverse ETFs. These ETFs move in the opposite direction of the index they track. We have already purchased RWM and SH.
The Russell 2000 has led the stock market down. It peaked a month before the large cap indices, and was the first to break its February and October lows, which is when we went short. Since, the index has been in a free-fall.
We opened our short in the S&P 500 with SH after the index fell below its February lows. Additionally, the index fell below a key level at 2,500. This was more than just a psychological whole number support. It was also the support from the ten year-old trend line.
The trend line break effectively ends this bull market. Only 6.2% of stocks are above their 50-day moving average while only 15.8% of the index are above their 200-day moving average. The momentum has shifted to the downside, and the index is likely to continue its fall.
We are also looking to short two other indices: the Nasdaq-100 and the Dow Jones Industrial Average. Both of these indices have just broken their February lows and look ready to short. For these we will be looking to buy PSQ and DOG.
Our goal with this newsletter and blog is to find long-term trades that can help us beat the S&P 500. Right now, those trades are coming from the short side as the stock market struggles to find buyers. The combination of the negative economic outlook and bearish technical indicators tells us the bears are out in force.
Without the help of monetary or fiscal stimulus, the market is predicting a recession is coming. Investors are betting lower liquidity and tighter monetary conditions are going to push the economic growth down.
Unfortunately for the U.S. economy, it seems it is going to face some trouble in the near future. There doesn’t seem to be any positive catalysts waiting to help prop up the markets or the economy. A looming trade war, slower growth, and a tightening Fed may be enough to push this aging economic cycle into a recession.
I have a moderate brokerage account I started over the last year and a half. Since I keep hearing that the market is about to tank do you believe I should cash it in. The amount was quite a bit and I am afraid of what the next few months will bring. I am already in the negative of what I put in now. Any advice?
https://www.gurufocus.com/stock-market-valuations.php
Ratio is 120% and is perceived to be SIGNIFICANTLY overvalued as per the buffett indicator.
Scary stuff... stay safe out there ya'll!
That is all.
If anybody is looking for a basic guide to investing in the stock market for newbies check this out: https://financefortheyouth.com/investing-in-stocks-what-why-and-how/
TVPT announced that they would be accepting a buyout offer which has the common shares being bought at 15.75. Since that time the shares briefly traded at that price but have since began a slump down to 15.41. Sure, it’s possible any deal falls through before being finalized but does the market really believe that so much that it isn’t worth buying up shares now that should very likely be worth more in a matter of months? I’m a stock rookie so I was hoping we could have some discussion about what sort of conditions could cause this sort of behavior.
Ok, so this happened to my dad so I apologize if I get some of the details wrong since neither of us know what happened exactly but here’s the story.
Dad had some Amazon stock that he sold at a loss the beginning of December. Then Amazon dropped even lower and he bought it back within 30 days.
He placed it as a market order and for some reason it placed his order for the price he paid for the stock on the 5th resulting in an instant 5k loss.
He called fidelity support and they say he executed a “wash sale.”
Can someone please explain what this is and why the heck anyone would want to buy a stock for considerably MORE than it’s worth????
https://www.youtube.com/watch?v=qxwchX_Z_mg
https://www.youtube.com/watch?v=fkpFJkdURbw
They called for a 5% rally and we got a -5% instead for christmas eve. that's jokes.
As the market seems to be going down, what’s the best way to integrate money into holdings? Basically, how long a period of decay do you think before we begin to recover? I’m not gonna shoot for rock bottom but do the monthly buy $500 style
Say I win the lottery and suddenly have 500 million in the bank. I feel like a WSB autist and decide to just buy the shit out of some small cap with a market cap of 50 million. I just buy every share I can get my hands on.
So two questions. 1. Is a one man pump and dump illegal? 2. I read somewhere if you own more than 5% of a company you must disclose it. Could I, a nut job with 100 million in a RH account, buy more than 5% and get fined without realizing it or would something prevent this?
Just curious. Merry Xmas.
Looking to open a new account to short the market. Any advice on stocks to short?
It's stopped but it should still be going.
Most such investors say that we are oversold and are buying more, but the stock market is down 20% since oct. and we are in a bear market. Why can't they simply agree that themselves are the ones who are selling.
I don’t plan on selling everything, (like a lot of others are), but I would like to get an estimate on whether I should hold out on buying until the market is looking a little stronger.
Many sources are predicting the market is going to continue to plunge as people are selling out. I’d like to hear other people’s opinions; should I continue buying since prices are going down or hold on to my stocks and weather the storm?
Hi,
For the US, I have traditionally paid attention to credit spreads (high yields relative to treasury) for tell-tale signs as to how stocks will fare. What other signals do you use as a pulse for the domestic (US) and foreign markets?
Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging!
Below are my notes from 24 December 2018 as of mid-morning. (This list is limited to companies with market cap >$500 million, and also excludes VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.)
| Today | Today | Company |
|---|---|---|
| 67% | MINDBODY, Inc. (MB) | Mindbody is being acquired by private equity firm Vista Equity for $36/share or $1.9 billion (Fitness studio software) |
| 14% | Aphria Inc (APHA) | Unclear, but short seller Andrew Left has claimed the company is an acquisition target (Cannabis) |
| 12% | Spectrum Pharmaceuticals, Inc. (SPPI) | Jumping back after it fell due to an FDA setback (Pharma, oncology) |
| 10% | CRISPR Therapeutics AG (CRSP) | Unclear, but healthcare and gene editing stocks are rising in general |
| 10% | Sinovac Biotech, Ltd. (SVA) | Unclear, but healthcare and gene editing stocks are rising in general |
| 8% | Editas Medicine, Inc. (EDIT) | Unclear, but healthcare and gene editing stocks are rising in general |
| Today | Today | Company |
|---|---|---|
| -26% | Dell Technologies Inc. (DVMT) | Unclear (IT) |
| -14% | Priority Techno Holdings Inc (PRTH) | Unclear (Blank check holding company) |
| -13% | Rubius Therapeutics Inc (RUBY) | Unclear, but took on $75 million loan facility (Pharma) |
| -12% | DBV Technologies S.A. (DBVT) | Volatile after it withdrew an application for a peanut allergy drug (Pharma) |
Top News * The bruising stock selloff continues for a fourth straight day, as the government enters its third day of a shutdown. * Treasury Secretary Steven Mnuchin tried to reassure financial markets by telling the financial community on Sunday that banks have ample financial stability. Many market participants, however, were unconcerned about banks until Mnuchin's statement.
I’m not a big poster but I put this together in response to someone saying that this time feels different. The source of the information comes from some literature I’ve accumulated. I would also like to say that this is a post on investing and not on trading.
At the bottom of the market in 1987 (Black Monday you dropped 22% 10/19/87) you would’ve lost 29% of your portfolio. By the end of 1989 you would’ve been 25% higher than your peak portfolio value in 1987. Missing the best days in the market (S&P 500) also substantially reduce your returns. For example if you were invested every day from January 1998 through December 2017 (sorry this year isn’t over yet can give you a number) you’d have an average return of 7.2%. If you miss the best 10 best positive days your return is only 3.5%. If you miss the 20 best days your return is just 1.1%. And if you panic and sell when things get bad and miss the 30 best days, just one months worth of the market over the course of 20 years you would have an average return of -0.9%.
That’s the cost of dumping your stocks. And just to be proactive to the criticism let it be known that buy and hold does not mean buy and forget.
Merry Christmas & Happy Holidays to all! Remember with the recent market activity. Stick to your game plan, if you’re a dividend investor continue to buy stocks as they get cheaper. If a position is down 25%, dip your toes into that position and grab some shares. Is the bear here? Nobody knows, but we do know that high quality stocks gets cheaper as the share price falls. Be extremely selective in your purchases though! I hope this video helps!
I got to give the FB page I liked https://m.facebook.com/stocknewsupdate/ “Stock News Update” credit for these two 1,000 percent runners. I made some $$$$
I'm not entirely new to the stock market but I usually just buy index and forget. I entered the workforce around 2013, when things were seemingly getting good again after the recession, so I don't have first hand experience with market falls, only horror stories.
Anyway, the last few months make me want to slow down on buying and keep cash. Not because socks are going down and I'm seeing losses (I know that's normal), but because I'm afraid of layoffs and being unemployed for a while if companies go on hiring freezes.
Is the any logic to this or am I missing out and being dumb? Should I continue my monthly investments as usual? I have about 6 lean months of expenses in cash.
Like others, I’ve been averaging down with the recent lows. I’ve read some comments that suggest waiting until a crash, as they have been profitable in the past. If a crash happens what are good stocks or areas to buy?
looking into putting money in the marijuana market .. yes i know I'm late
I just finished paying off student loans and other debts and I’m now ready to start investing with significant funds. My current 401k (7% + Employer 3% match) is only 11K so I’m wondering if I should wait for the market to bottom out before dumping much higher money in since my 401k has lost money for 4+ months. Any thoughts?
Edit: I know timing the market is impossible but basic logic tells me not to invest on the downturn
I understand that the stock market is full of complex dynamics and relationships that have multiple driving forces. Banks generally benefit from higher interest rates, so why would the recent news not have a positive impact on bank stocks? All of the major banks such as JP Morgan, Wells Fargo, BAO, etc. have seen steep declines since the news broke.
What determines exactly how much I lose or gain when I invest an "x" amount of dollars?
I am curious what FB pages that are reliable with news and stock picks? I liked the FB page “Stock News Update” and they gave me some winners. But curious what everyone else’s thoughts?
A buddy of mine is curious about the level of interest in people getting an idea of numbers and where a stock will go everyday. So I thought I would ask around.
It seems like everybody agrees that a crash is coming, but the advice I read is to not sell and to hold for the long run, Bob-style. Why not sell now and buy it back in a bit and still hold for the long run if everything is pointing towards a huge dip? Yes, I know very little about how this works.
Hi all! I’m going to start investing next month. I’ve been lurking for a while so I know the basics quite well. I’m considering putting around £200 P/M into index funds as they seem a safe bet then going into individual stocks when I feel more comfortable with the system. Would it be a smart idea to invest into around 2 index funds each month or diversify my investments more like one index fund per month? Seen as I expect not to touch the money for around 5 years at the least. Any help appreciated! Thanks
There's a table in the CNBC link that may be useful for historical reference.
These are a few of my daily or weekly reads...
https://files.constantcontact.com/f97a0e9e001/de0105c6-38aa-4ea0-8b6f-e6506a5989ce.pdf
http://jessestine.com/wp-content/uploads/2018/12/2019-FORECAST-2-Google-Docs.pdf
https://stockcharts.com/public/1107832/tenpp/1
As we just suffered great losses last Friday, the standard S&P500 PE ratio is at 19 times earnings (vs. 15.73x average) while Shiller PE is at 27.2 times earnings (vs. 16.59x average). We are still high above the average figures but Shiller indicates way higher.
A death cross pattern occurs when a security's short-term moving average drops below its long-term moving average (Investopedia).
All FAANG stocks are now in Death Crosses, Apple being the last to get there on Friday. Apple was once a trillion dollar company and now valued at $715 billion.
In Markets:
Dow: 22,445.37
The Dow’s 50-day moving average stands at 25,110.27, compared against its 200-day average at 25,075.38.
S&P 500: 2,416.62
The S&P 500 with the 50-day moving average at 2,759.28.02, below the 200-day moving average of 2,762.02.
Links
Currently planning to self-manage mine and my wife’s Roth IRAs and am looking at ETFs head-to-head like SPY vs VOO, VBK vs SLYG, etc.
How to figure out which is best?
Hey everyone! As some here know I've been on a crusade the last few months to build the most awesome equity research tool in the observable universe, and I just wanted to share some of the updates I've made recently and some of the stuff coming in 2019! First here's some screenshots: https://imgur.com/a/TwSESSS
Recent updates:
Coming in 2019:
Oh, and since we're now all poor because the market is tanking and we spent what little money we had buying holiday gifts for our loved ones at Dollar General, it's completely free to use.
As always, let me know if you have any feedback/feature requests/questions, or if you hate it and want it to burn like SPX (hint: you won't)
Happy holidays and here's to a kick ass 2019!
You can find the courses as listed below, this is offered completely free with no pay walls of any type, nothing was created to sell, and there's complete access to everybody publicly. The training course is hosted on YouTube.
Q: Who am I, what am I teaching, and why am I teaching it for free?
A: https://www.youtube.com/watch?time_continue=11&v=JSFGANWcZ2w
🎓 Course Via YOUTUBE: https://www.youtube.com/c/c0tt0nc4ndyta
Beginner's Course: https://www.youtube.com/playlist?list=PLBcrRkQDkijjeXqQirpE9sI6yhCtLie2x
Mental Analysis Course: https://www.youtube.com/playlist?list=PLBcrRkQDkijiJbkyb06asm-ExwmB0HMYV
Advanced Course: https://www.youtube.com/playlist?list=PLBcrRkQDkijic17FYVee1FzYYyZwW1rN2
Or check the discord, it's free as well. Discord Community https://discord.gg/4e2SjZe
Thanks everyone and enjoy!
Hey what's happening r/StockMarket! Happy Saturday to all of you. I hope everyone on this sub made out okay last week amid all of the insane market volatility of late, and are ready for the new trading week, albeit a holiday-shortened trading week ahead! :)
Here is everything you need to know to get you ready for the trading week beginning December 24th, 2018.
Stocks head into the final full trading week of the year on the brink of a bear market.
The Dow Jones Industrial Average plummeted in the past week in its worst performance since before the bull market began, in the very thick of the financial crisis in the fall of 2008.
While the market is seemingly oversold, strategists see little chance for any bounce in the week ahead, and the focus will remain on Washington's fight over a government shutdown. Strategists say it may be too soon for investors to look for bargains among the rubble in what has traditionally been one of the quietest weeks of the year.
The Nasdaq Composite Index, dragged down by tech and biotech, was the first index to close in bear market territory, and is now 22 percent from its high. The Nasdaq lost 8.4 percent to 6,332 in the past week.
The Dow fell 6.9 percent in the past week, to 22,445, and is now just 3 percentage points away from bear market territory, or a 20 percent decline. The S&P 500 was down 7 percent for the week and is just 16 points away from a key support level of 2,400. It is also just about 2 percentage points from a bear market.
"Even if we do [get a Santa rally], it's not going to be meaningful. It's going to be super light volume, with a half trading day," said Michael Arone, chief investment strategist at State Street Global Advisors. "Normally, this has been one of the strongest months of the year, but so far things in 2018 that normally have happened haven't been happening."
In a bad sign on Friday, volume was really heavy. More than 12 billion shares changed hands on U.S. exchanges on Friday, the biggest volume in at least two years.
The stock market closes after a half day on Monday, Christmas Eve, and is closed Tuesday.
Dismal December
December's performance is nearly the worst on record for the month, with the Dow's decline of 12 percent the worst since 1931. December is typically a good time of year for stocks, and this December is on track to be the worst month of the year for the first time ever.
"I would imagine trading activity is going to slow down quite a bit," said Mark Cabana, head of U.S. short rate strategy at Bank of America Merrill Lynch. "Overall, I think the focus is going to be on getting things tied up ahead of year's end. It's possible there could be some outsized moves given reduced liquidity. I think there's going to be a lot of focus on getting a fresh start next year."
Technical analysts say the market continues to look weak, with many stocks in bear market territory already and trading well below their 200-day moving averages.
The S&P 500 had been in a range from 2,600 to 2,800 for four months, but quickly fell out of it all the way to 2,400.
"The measured move was reached faster and more furious than most people thought," said Scott Redler of T3Live.com. "It doesn't seem like anyone wants to step in the way of the headlines that are piling up. And why would they? The next level traders would like to see tested is 2,250 to 2,300."
A negative chart formation that emerged last week, known as a head-and-shoulders formation, points to a level of 2,300 in the S&P 500.
"Buyers are just sitting back and instead of playing an oversold bounce, they're just waiting," he said. "Anybody's that tried to position for a Santa rally has been absolutely run over. The calendar issues have been all off."
Government shutdown
Hanging over the market in the week ahead are the government shutdown fight, which pits the president against Democrats in Congress, over his plan for a border wall. There was a glimmer of hope late on Friday that a deal could be hatched, with Sen. Bob Corker saying a path forward was being discussed.
While traders said there was not much concern about the partial shutdown, a bigger worry was the fighting that could become the norm once Democrats have control of the House in January.
"It does seem like it's weighing on sentiment. It's more a signal about just how difficult things will ultimately be. It enhances expectations for gridlock in the future," said Cabana.
The Fed this past week was viewed as a major catalyst for the sell-off, after it released a forecast for more rate hikes at the same time it sees a slower growing economy.
That sparked concerns that the Fed was heading for a policy mistake, and comments from Fed Chairman Jerome Powell that the Fed's balance sheet rolldown was on "autopilot" really spooked traders.
But on Friday, New York Fed President John Williams kicked off a brief stock market rally when he told CNBC the Fed is willing to reconsider its policy depending on the economy and conditions. His comment was not unlike Powell's, but traders said he sounded more flexible and sensitive to market conditions.
Strategists point to a few big concerns for the markets heading into next year — the most worrisome being trade and the Fed.
Wilmington Trust chief economist Luke Tilley said his base case is there will be a trade agreement with China that avoids the next round of tariffs.
"The tariffs so far don't have much impact on the economy," he said. "If we moved into 2019 and all tariffs were implemented, that would very quickly outweigh all stimulus we have coming into 2019. That would be a weight on GDP growth and bring our numbers down for next year."
Cabana said growth for the beginning of the year looks good, and if sentiment could stabilize that might help markets. Treasury yields fell in the past week, with the 10-year yield at 2.78 percent Friday.
"We think rates could be higher. We think 3 percent is reasonable ... but quite honestly risks appear quite heavily to the downside," he said. "The bigger ones are international and geopolitical in nature — what happens to trade, China's economy, Brexit, European populism and gridlock in the U.S."
Cabana said the low end of the range for the 10-year yield could be 2.5 percent.
NONE.
The S&P 500 may not have reached bear market territory as an index yet, but of the 500 individual stocks in the index, more than 60% are down at least 20% from their 52-week highs. Overall, the average decline from a 52-week high is a staggering 25.7%! The chart below shows the distance each of the individual components is trading from their 52-week highs grouped by 10 percentage point ranges. As of Thursday afternoon, just 72 stocks in the S&P 500 are even trading within 10% of their 52-week highs. Meanwhile, 82 stocks in the index are down 40% or more with 24 of those 82 stocks down by more than half! Have their been uglier periods for the stock market? You bet. But not in a long time.
So which stocks are down the most? There are actually a number of well-known names with stocks like General Electric (GE), Western Digital (WDC), Nvidia (NVDA), Halliburton (HAL), Wynn Resorts (WYNN), Micron (MU), and Applied Materials (AMAT) all having been more than cut in half.
(CLICK HERE FOR THE CHART!)
So far it’s been rough for stocks in December, a month that has historically been bullish. How bad has it been? After 10 trading days, we’re off to the worst start to December since 1980! In fact, the S&P 500 Index is flirting with “worst month of 2018” status, currently held by October (-6.9%). Since 1957, when the S&P 500 started in its current form of roughly 500 stocks, December has never been the worst month of the year.
Is there still time for a Santa Claus rally? “December has been a month to forget for equities so far, but there is a silver lining. Turns out, the majority of December’s gains tend to happen the second half of the month—so we still have time to believe in Santa,” explained LPL Senior Market Strategist Ryan Detrick.
As our LPL Chart of the Day shows, December is historically a strong month that has tended to see the majority of its gains late in the month.
(CLICK HERE FOR THE CHART!)
For decades we have been tracking the market’s performance around holidays in the annual Stock Trader’s Almanac. In the 52nd edition for 2019, data for DJIA, S&P 500, NASDAQ and Russell 2000 can be found on page 88. Of the eight holidays tracked, Christmas has been one of the most consistently bullish with respectable average gains occurring on the day before. Small-caps, measured by the Russell 2000 have been up 74.2% of the time on the day before Christmas with an average gain of 0.37% since 1987. NASDAQ is second best, up 67.7% of the time with an average gain of 0.42%. DJIA and S&P 500 have been softer with gains 61.3% and 58.1% of the time respectively. Volatility also tends to be subdued ahead of Christmas as well as the worst decline recorded by any of the four indexes was 0.69% by NASDAQ in 1997. NASDAQ also had the best day before performance, up a staggering 7.56% in 2000. The market did not get exactly what it was looking for from the Fed, but perhaps a pause in trading, to celebrate Christmas, will have some positive impact.
(CLICK HERE FOR THE CHART!)
(VIDEO NOT YET UP!)
(VIDEO NET YET UP!)
Here are the most notable companies reporting earnings in this upcoming trading month ahead-
- $NFLX
- $BAC
- $BA
- $BBBY
- $KBH
- $SGH
- $STZ
- $MA
- $JPM
- $C
- $GS
- $JNJ
- $UNH
- $WFC
- $AA
- $LRCX
- $CJPRY
- $SLB
- $ABT
- $LEN
- $UNF
- $AKS
- $BMY
- $LW
- $VLO
- RPM
- $AXP
- $SMPL
- $SNX
- $MSM
- $WYI
- $CMC
- $HELE
- $FAST
- $PHM
- $CSX
- $INFO
- $CALM
- $LNN
Amazon.com, Inc. (AMZN) is expected to report earnings at approximately 4:00 PM ET on Thursday, January 24, 2019. The consensus earnings estimate is $5.48 per share on revenue of $73.87 billion. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 153.70% with revenue increasing by 22.19%. Short interest has increased by 9.7% since the company's last earnings release while the stock has drifted lower by 16.5% from its open following the earnings release to be 18.8% below its 200 day moving average of $1,695.41. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 5.3% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Apple, Inc. (AAPL) is expected to report earnings at approximately 4:30 PM ET on Thursday, January 31, 2019. The consensus earnings estimate is $4.66 per share on revenue of $91.94 billion. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat The company's guidance was for earnings of $4.40 to $4.77 per share. Consensus estimates are for year-over-year earnings growth of 19.79% with revenue increasing by 4.13%. Short interest has increased by 11.9% since the company's last earnings release while the stock has drifted lower by 28.1% from its open following the earnings release to be 22.2% below its 200 day moving average of $193.66. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 4.8% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Facebook Inc. (FB) is expected to report earnings at approximately 4:05 PM ET on Tuesday, January 29, 2019. The consensus earnings estimate is $2.17 per share on revenue of $16.42 billion. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.36% with revenue increasing by 26.58%. Short interest has increased by 7.7% since the company's last earnings release while the stock has drifted lower by 19.4% from its open following the earnings release to be 26.2% below its 200 day moving average of $169.23. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 6.7% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Netflix, Inc. (NFLX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, January 17, 2019. The consensus earnings estimate is $0.25 per share on revenue of $4.21 billion. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat The company's guidance was for earnings of approximately $0.23 per share. Consensus estimates are for earnings to decline year-over-year by 39.02% with revenue increasing by 28.13%. Short interest has increased by 4.1% since the company's last earnings release while the stock has drifted lower by 34.9% from its open following the earnings release to be 26.1% below its 200 day moving average of $333.24. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 7.5% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Advanced Micro Devices, Inc. (AMD) is expected to report earnings at approximately 4:30 PM ET on Wednesday, January 23, 2019. The consensus earnings estimate is $0.09 per share on revenue of $1.45 billion and the Earnings Whisper ® number is $0.08 per share. Investor sentiment going into the company's earnings release has 57% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue decreasing by 2.03%. Short interest has decreased by 2.8% since the company's last earnings release while the stock has drifted lower by 5.5% from its open following the earnings release to be 9.1% below its 200 day moving average of $18.62. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 11.4% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Tesla, Inc. (TSLA) is expected to report earnings at approximately 4:30 PM ET on Wednesday, January 23, 2019. The consensus earnings estimate is $2.12 per share on revenue of $6.36 billion and the Earnings Whisper ® number is $2.41 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat The company's guidance was for earnings of at least $0.01 per share. Consensus estimates are for year-over-year earnings growth of 166.46% with revenue increasing by 93.42%. Short interest has decreased by 19.7% since the company's last earnings release while the stock has drifted higher by 0.8% from its open following the earnings release to be 2.7% above its 200 day moving average of $311.28. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 8.8% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Microsoft Corp. (MSFT) is expected to report earnings at approximately 4:10 PM ET on Wednesday, January 23, 2019. The consensus earnings estimate is $1.09 per share on revenue of $32.21 billion. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 13.54% with revenue increasing by 11.38%. Short interest has increased by 7.6% since the company's last earnings release while the stock has drifted lower by 7.8% from its open following the earnings release to be 4.7% below its 200 day moving average of $103.08. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 2.9% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Cleveland-Cliffs Inc (CLF) is expected to report earnings at approximately 8:00 AM ET on Friday, January 18, 2019. The consensus earnings estimate is $0.60 per share on revenue of $781.53 million. Investor sentiment going into the company's earnings release has 91% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 130.77% with revenue increasing by 30.06%. Short interest has increased by 14.5% since the company's last earnings release while the stock has drifted lower by 34.2% from its open following the earnings release to be 16.8% below its 200 day moving average of $9.23. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 7.0% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
General Electric Co. (GE) is expected to report earnings at approximately 6:30 AM ET on Tuesday, January 29, 2019. The consensus earnings estimate is $0.18 per share on revenue of $32.02 billion. Investor sentiment going into the company's earnings release has 41% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 33.33% with revenue increasing by 1.97%. Short interest has increased by 8.8% since the company's last earnings release while the stock has drifted lower by 32.3% from its open following the earnings release to be 42.4% below its 200 day moving average of $12.42. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 4.0% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
Bank of America Corp. (BAC) is confirmed to report earnings at approximately 6:55 AM ET on Wednesday, January 16, 2019. The consensus earnings estimate is $0.64 per share on revenue of $22.43 billion. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 36.17% with revenue decreasing by 6.70%. Short interest has increased by 9.5% since the company's last earnings release while the stock has drifted lower by 18.0% from its open following the earnings release to be 20.7% below its 200 day moving average of $29.46. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 1.5% move on earnings in recent quarters.
(CLICK HERE FOR THE CHART!)
What are you all watching for in this upcoming holiday-shortened trading week ahead?
Have a fantastic weekend and trading week ahead r/StockMarket! :)
