Stockideas

SPDR Dow Jones Industrial Average ETF Trust
(:DIA)
SPDR Dow Jones Industrial Average ETF Trust

SPDR Dow Jones Industrial Average ETF Trust is exchange traded fund. Its investment objective is to provide investment results before expenses correspond generally to the price and yield performance. The company is headquartered in New York, NY.
Sector: Miscellaneous
Industry: Investment Trusts/Mutual Funds
Stock price: $344.72 (+0.1%)
History Suggests The S&P 500 Has Much Further To Fall
By: ssmlee04 Community Lead :))   💬 98   
   on Aug 28, 2022

https://seekingalpha.com/article/4537508-history-suggests-sp-500-has-much-further-to-fall

Past bear markets suggest the declines in 2022 are not over.

Althought I wouldn't read into it this is a bit concerning overall. $dia


Reply
The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey
By: ssmlee04 Community Lead :))   💬 98   
   on Jun 09, 2022

https://www.cnbc.com/2022/06/09/recession-will-hit-in-first-half-2023-the-dow-is-headed-lower-cfos.html

Amid high inflation that has become the No. 1 business risk, not a single chief financial officer surveyed by CNBC thinks a recession can be avoided.

$DIA


Reply
Market is crashing
By: ssmlee04 Community Lead :))   💬 98   
   on Jan 05, 2022

buckle up. with 8 rate hikes coming maybe this is it.

https://i.imgur.com/fJTMVEy.png

$DIA $QQQ


Reply
Tom Lee: The markets are in a buyer's strike, so buy the dip
By: ssmlee04 Community Lead :))   💬 98   
   on Dec 01, 2021

https://www.youtube.com/watch?v=K7iCnbkqcmw

https://www.youtube.com/watch?v=K7iCnbkqcmw

$QQQ $DIA


Reply
Market is looking terrible today thanks to Nu variant
By: ssmlee04 Community Lead :))   💬 98   
   on Nov 26, 2021

Market is looking terrible today thanks to Nu variant. $QQQ $DIA https://i.imgur.com/tFm4cC7.png


Reply
Everything You Need To Know About the Chinese Evergrande Crisis
By: ssmlee04 Community Lead :))   💬 98   
   on Sep 20, 2021

https://www.youtube.com/watch?v=vq4n3DXD7z0

https://www.youtube.com/watch?v=vq4n3DXD7z0

For those of you who are not already aware this has the potential to be far more than a run of the mill corporate bankruptcy. Evergrande employs over 200,000 people directly while also providing work for as many as 4 million subcontractors who work to erect thousands of buildings for the company every year.

$DIA $QQQ


Reply
Relaxing Meditation Music For Studying The Stock Market | LoFi Hip Hop Beats For Everyone Doing Research Today
By: pennystocks Penny Stocks [pennystocks.com]    
   on Jul 26, 2021

https://youtu.be/tCWd_gD8kfY

https://youtu.be/tCWd_gD8kfY via #PennyStocks

$SPY $QQQ $DIA


Reply
How To open An E*Trade Account
By: pennystocks Penny Stocks [pennystocks.com]    
   on Jul 12, 2021

https://youtu.be/s9CX7gL2JEw

https://youtu.be/s9CX7gL2JEw If you're just getting started in the stock market today, you're going to need to have a way to trade stocks. Whether we're talking about penny stocks or higher priced ones, a good platform is necessary. Making sure you have a way to track level 2, set up stock charts, and a good stock screener are definitely in the plus column.

ETrade is another one of the trading platforms that many traders use. In this video, we'll show you the steps to take if you're searching for how to open an Etrade account or looking to gain access to platforms like ETrade Pro

After You're Done Watching, You Can Start To Read Top Articles About Hot Penny Stocks To Watch Right on https://pennystocks.com

$SPY $DIA $QQQ $XLK $XLU $XLRE


Reply
Mnuchin/Meadows call for immediate passage of relief bill using PPP leftover funds
By: ssmlee04 Community Lead :))   💬 98   
   on Oct 11, 2020

https://www.forexlive.com/news/!/mnuchinmeadows-call-for-immediate-passage-of-relief-bill-using-ppp-leftover-funds-20201011

Seems like an immediate rally to me. $DIA $QQQ


Reply
Dow closes more than 300 points lower after Trump calls off stimulus, causing sudden drop in stocks
By: ssmlee04 Community Lead :))   💬 98   
   on Oct 07, 2020

https://www.cnbc.com/2020/10/05/stock-market-futures-open-to-close-news.html

Dow retraces around 600 points right after that. It seems the market is quite brittle now.

$DIA


Reply
Signs of the market topping
By: ssmlee04 Community Lead :))   💬 98   
   on Aug 08, 2020

There are signs of the market topping this week. A few signs I am looking at are $GRPN, $CVNA, $JMIA, $STMP, and high growth names $TDOC, $TWLO, $DDOG lead me to believe this market is due for big corrections. So I trimmed my positions greatly this week.

Jumia ($JMIA) rallied 400% in less than a month (July 7, 2020 to Aug 4, 2020) and on Aug 3 alone their price jumped 35%. Bear in mind that their price dropped 95% from high of $48.00 to $2.15 within a year. Generally, for a company with a great future, the share price would not drop 95%. People are saying this company going to be Amazon in Africa and but I can't see that happening to be honest. If there's going to be an Amazon in Africa it's going to be Amazon. Also when you go to forums everywhere even forums in Taiwan you can see people talking about $JMIA. This shows how speculative the market is.

Carvana ($CVNA) is a company that tries to sell you a car in a vending machine. They announced their earnings on Aug 6 and they missed both their revenue and earnings estimate. And then the stock price jumped 28%. If you ask people do you want to buy a car from Tesla or from a vending machine I'm sure the majority of people would choose the first one. So why is the price up significantly on misses? No one knows, not even the investment banks.

https://i.imgur.com/y9iYTB7.jpg

Stamps.com ($STMP) offers you postage solutions. They gave good earnings numbers and on Aug 7 their price went up 18%. They're up now because of the COVID situation that helps many small businesses to facilitate their e-commerce solutions. But this is a company that does not have a good future. Maybe their company is undervalued now but once this COVID thing goes away their stock price would drop greatly because they simply do not have paths forward from here.

Groupon is another service that is getting less and less traction. And on Aug 7, 2020 their price jumped 50%. The same argument with the stamps.com rally I do not think this is sustainable.

Now let's take a look at growth companies. A lot of interesting things happen this week. Companies like $DDOG, $TDOC, and $TWLO announced their earnings or mergers and those are really good news for the company. They beat the consensus estimates and raise their guidance and is going to dominate whatever their do in their space. And their price drops regardless. Teladoc merged with Livongo so in the future you do not need to go to a hospital with minor symptoms. Do they have a good future ahead? The answer is very likely yes. Same for DataDog and Twilio they continue to be the dominant player in their niche so before their crash their price was already up 1000% in a few years. So maybe all the good things is already priced in and now it's time for corrections to happen.

What does it mean when the best things in the market like $TDOC, $DDOG, $TWLO that continues to grow at 40-70% per quarter gets beat and when companies do not have a future to rally? That's a sure sign something is off with the market. I do not see myself as part of the market.

$QQQ $DIA


Reply
Stories in the market simply don't add up
By: ssmlee04 Community Lead :))   💬 98   
   on Apr 26, 2020

Dow Jones index seems to be doing ok lately. It went up almost 35% from the bottom of last month. At the same time, a lot of tech companies are doing really great and is up around 50-100% from the bottom. Amazon ($AMZN) and Netflix ($NFLX), for example, has made new all-time highs. Tesla also went up 100% from the bottom. It's as if nothing happened in the past 2 months.

But if you look closely you will notice the Dow Jones index daily chart is strictly blocked under 50ma. Banks, cruises, and energy stocks are still slowly slipping away. Boeing is slowing heading toward $100 area again. Oil futures plummet to negative closing price. The market is telling you something is off, and you should stay away.

https://i.imgur.com/2nbjESo.jpg

I actually have Amazon since mid-March and was able to gain a quick 30% gain in like 3 weeks. At the same time, Amazon market cap went up around 50% and is now a company sitting at a 1.2T market cap with an astronomical p/e ratio of 104.83. Also, I was looking at Netflix and Tesla. Netflix also went up 50% and is at a p/e ratio of around 100. Tesla went up 100% in the same time and is still not making money just like so many other tech companies.

If you tell me this isn't lunacy then I am not sure what is.

If you ask any elementary school students whether or not p/e ratio of 100-1000 makes sense then I am sure they would tell you it doesn't. Also, if you ask them whether or not Amazon and Netflix reached the top I'd guess maybe 80% of them would say yes. But for investors this is seemingly very hard to tell.

I think Netflix and Amazon probably just topped in the past week. Take Netflix for example, Netflix has 182.8m subscribers as of April 2020. I am also a subscriber of their service but in my case we have 5 people sharing the same account. I'd say it's the same for a lot of people. Let's assume, on average, each subscription would mean 5 times the amount of audiences they have. So that means they already have 1 billion audiences worldwide. And that means you can grow at most 7.5 times more of your user base in the future, given that we have 7.5b people worldwide. But if you take into account that Netflix would never be able to enter China and some countries for political reasons, or there are counties that simply cannot afford the service you'll know the upside for their user growth is limited. If you're fortunate to grow your user base for another 2x and then that would drop the p/e ratio to around 50 at the current price level. I simply can't see any upsides from here.

Same for Amazon. Whoever has prime would already have prime. Also it's biggest business is an e-commerce store. Is it possible for this part of business to grow? I doubt it. China has it. South Africa has it. Brazil has it. So many other countries has it. Can you eventually move your amazon.com store to those countries? Probably not. So I find it hard to justify having p/e 100 with little prospect of growing in the future.

https://www.bloomberg.com/graphics/us-economic-recession-tracker/

Currently, economists are predicting a 100% probability of going into a recession in the next 12 months. People are getting laid off everywhere. Parks and cruises and restaurants are closed. Coronavirus has 2m confirmed and 10% death rate. Also potentially 13% of people in NY are infected but without symptoms and there's no set timelines for the market to reopen. Those stories simply don't add up with the market rally in the past 4 weeks.

https://i.imgur.com/CMoWFAO.jpg

Next week is going to be a big week for company earnings. Let's see if things would go back to reflect the dire reality that people are actually suffering. Maybe infinity QE works but I doubt that it would work indefinitely.

$QQQ $DIA

Disclaimer: I wrote this article myself, and it expresses my own opinions. This is not a stock recommendation but rather just expressing a view. We hope this can help you increase your probability of finding great companies in the stock market. Please do your own due diligence.


Reply
Senate passes $2 trillion coronavirus stimulus package, sending it to the House
By: ssmlee04 Community Lead :))   💬 98   
   on Mar 26, 2020

https://www.cnbc.com/2020/03/25/senate-passes-2-trillion-coronavirus-stimulus-package.html

‘It now heads to the House, which hopes to approve it by Friday. ’

Tomorrow and Friday is going to be volatile trading again. Tomorrow 8:30am is for unemployment claims. Let’s see if we will see some big movements tomorrow.

$DIA #economy


Reply
Impending financial crisis
By: ssmlee04 Community Lead :))   💬 98   
   on Mar 21, 2020

The unemployment rate is going to spike soon. Companies in the service sectors like airlines or tourisms are starting to lay-off their employees. In this situations no one can afford to go out and spend money except for basic basic necessaries like food or water. Also if you're unlucky you'd be infected and have to pay thousand of dollars for the medical expenses and even worse you might not make it through the disease.

Rich people would also cut down their expenses because their well-beings are badly impacted by the stock crash and a looming recession. No one is able to spend and this would cause liquidity problem to the entire economy. So for companies facing cash flow issues they won’t be able to survive in this coming crisis.

So if you're looking at the technicals or trailing fundamentals to trade stocks it might not work for you this time. You can't explain the market crash with historical crashes this time because they're very different problems. In my opinion cash is going to be more expensive in the coming days.

$DIa


Reply
20200318 observations
By: ssmlee04 Community Lead :))   💬 98   
   on Mar 18, 2020

Market is down around 37% from the top. Wondering if we can have a bottom soon.

https://i.imgur.com/Vj9sqgo.jpg

$DIA


Reply
20200308 observations
By: ssmlee04 Community Lead :))   💬 98   
   on Mar 08, 2020

Remember the yield curve cross in late 2018 and a few times in 2019? There were talks about us going into recession, but then the stocks continue to rally to the top. But it’s not until we get multiple all time highs before we consider the possibility of recession again. But this time the problem is very different. The fed can lower the interest rates but it’s not like by doing so you can get people out to restaurants and cruises and stop the economy from falling into a recession. We can see cuties in China and in Europe are under lockdown and no one would visit those places for a while.

This seems like a perfect storm to me. Be prepared for more bad news coming.


Reply