Author: pluginever
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Stellantis laying off 2,450 workers, discontinuing Ram ‘Classic’ truck
Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram 1500 pickup truck in Michigan. The truck, which is produced alongside the Jeep Wagoneer and Grand Wagoneer, has been largely used as a low-cost pickup to sell to…
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Why has the stock market risen so much this year?
Hi there, I’m fairly new to stocks and I’m thinking about making my first investments this late September seeing that there’s always a dip in price. However, I was wondering why the market rose so drastically this past year? Is the market bound to correct? I realize shared dropped in price recently but they’re recovering…
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There is huge stock market bubble. But not where you think it is
people think there is huge market bubble, but it doesn't exist where most people think it is. in the last decades, with infinite money printing glitch, there has been enormous level of PE multiple expansion across vast majority of slow growth companies if you look at no growth/slow growth companies, their pe ratio has expanded…
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Trump Media reports $16 million loss for quarter as revenue falls
Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter. Trump Media, which owns the Truth Social app often used by the former president, also reported lower revenue for the quarter that ended June…
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Can someone explian this – after market trading question
Can someone explain the after markt trading on google? when you type in INTC , you'll that , during the after hours trading section , there was a brief moment INTC went up to alomost $40, WHAT does this means? ( if you type in INTC on google, you will see it ) https://postimg.cc/LJgKFvt6 INTC…
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Is short selling indices ethical?
It is generally agreed shorting (at an institutional level) isn’t the greatest thing for the companies who are shorted to oblivion. Does the same apply to shorting indices like ES and NQ? Has the shorting ever caused any sort of financial crisis or caused unreasonable loss to any entities? Was having a debate with a…
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I wanna backtest a strategy that involves owning Vanguard sector funds above their 200-MA & selling below it. Whats the best way to do that?
Vanguard has a super low cost ETF for each sector of the market (Financials, Energy, Utilities, Industrials, Materials, Technology, consumer discretionary, consumer staples and health care). Basically my idea is to own these ETFs only while they are above their 200 day moving average, and then sell them as they dip below the 200 day…
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Europe’s Auto Chipmakers Have a Deepening China Habit
Source: https://www.bloomberg.com/news/articles/2024-08-09/china-s-ev-growth-is-bright-spot-for-chipmakers-infineon-texas-instruments-nxp?leadSource=reddit_wall Full article: Europe’s Auto Chipmakers Have a Deepening China Habit Latest earnings show China’s EV growth as a rare bright spot Beijing’s push for tech independence threatens foreign sales As advanced semiconductor companies in the US and allied countries pull back from China, a less glamorous sector of the chip market is turning…
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Does wash sale apply to individual shares?
I have searched and found no answer to this. Apologies if it's the wrong sub to ask. I know what wash sale rule generally states, but it's not clear if it only applies in a sell event basis or individual share basis. For example, if, over the course of a month, I accumulated 100 shares…
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r/Stocks Daily Discussion Monday – Aug 12, 2024
These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…