Author: pluginever
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Leveraged ETF question
I have a quick question regarding a trading strategy I have been using recently. I feel that if your betting on the market going up is better to take a short position on inverse leveraged ETFS rather than taking a long position on equally leveraged bull ETFs that track the same positions. I feel this…
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Who cares about the Dow?
On radio and TV they often announce the day's change in the Dow index while skipping the S & P and Nasdaq. Tens of millions of people have S & P 500 funds, many are in the Nasdaq. How many people have Dow funds? I get the Dow's history, but who cares at this point?…
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Where to get news feeds for WSJ/BBG “uncovered” sectors?
Unless it's just tucked away somewhere I can't find, WSJ and BBg seem to randomly lack coverage of a few sectors. For example in BBg under Industries, there is Energy, Entertainment, …, Telecom, Sports, Space. There's not really a reliable page for materials, nor certain utilities. It would also be idea if a news source…
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r/Stocks Daily Discussion & Options Trading Thursday – May 23, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…
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Moving on from AAPL
So, I had an excellent ride on AAPL for a good long bit, but bit a bit Meh on it concerning it's YTD performance , and what I see as a lot of lackluster reviews of it's recent product offerings and choices. Thinner ipad, who cares? New chip, no software yet to take advantage of…
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These are the stocks on my watchlist (5/24)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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Specific Question on Wash Sale
Been reading up on wash sales and i understand you can't sell a stock then rebuy for 30 days. What confuses me is the 30 days “before” part of the rule. Scenario 1. I buy 100 shares of abc stock Jan 1 I sell 50 shares of abc stock Jan 15 for a loss No…
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Do you guys consider big tech stocks risky long term?
I’m curious do you guys consider big tech stocks to be risky investments long term? Right now I’m holding big tech like Google and Apple in my tax free savings account but I was advised not to hold ”risky”investments in a tax free account and they should be mostly for etfs. Well I do agree…
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Snowflake ($SNOW) Q1 Earnings
Overview: – Product revenue of $789.6 million in the first quarter, representing 34% year-over-year growth – Net revenue retention rate of 128% – 485 customers with trailing 12-month product revenue greater than $1 million – 709 Forbes Global 2000 customers – Remaining performance obligations of $5.0 billion, representing 46% year-over-year growth Source: https://investors.snowflake.com/news/news-details/2024/Snowflake-Reports-Financial-Results-for-the-First-Quarter-of-Fiscal-2025/default.aspx
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NVDA earnings
Nvidia said it was splitting its stock 10 to 1. Earnings Per Share: $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates. Revenue: $26.04 billion vs. $24.65 billion expected by LSEG Nvidia said it expected sales of $28 billion in the current quarter Nvidia reports a 262% jump in sales, signals continuing AI boom