Stock Market Today: August 1st - 5th

Discussion in 'Stock Market Today' started by Stockaholic, Jul 29, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Waiting for the set ups!

    Agreed!
     
  2. duck mich

    duck mich Member

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    TSLA the fight is on bullsVSbears.jpg
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    http://www.tntdrama.com/schedule/
    4 hours of "Castle" a night...

    As for CNN, I don't think there's much demand for news re-runs
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    http://www.bloomberg.com/news/artic...e-one-percent-makes-janet-yellen-s-job-harder
    Well, finally. All we've had is monetary policy, The Fat Cats in Washington may have to actually do something eventually.

    And the other side:
     
  5. surfsup

    surfsup Active Member

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    For some reason I haven't been able to quote posts since I went to France. Can someone look into that please?

    Eh, I don't know about that. The data is heavily skewed. I mean, the data is really only for those that bought a fitbit and on top of that, these are people that either are fit, think they are fit, or trying to possibly at some point in the future...be fit. The vast sea majority of humans are simply overweight and really don't care. New study released today suggests the average American is 15 lbs heavier than 20 years ago. In other words, dad is skinnier than his kid. Might be all the steroids and meat consumption though. We're just bigger these days.
     
  6. surfsup

    surfsup Active Member

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    Well to become "rich", your ratio of spending to earning should naturally decrease. Duh... :)

    Personally, I just find myself more interested in a simpler life now. I don't need 25 different cleaning products, or kitchen "appliances" for everything....electric can openers, wine openers that don't fit in a drawer, electric dip warmer, a smores maker??? Really??? I need a specific device to make a smore? The pet rock started it all.
     
  7. Rock Sexton

    Rock Sexton Meat Popsicle

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    ..... now we're venturing into "speculative" territory chalk full of generalities and anecdotal evidence ...... in an industry which neither one of us are qualified to analyze.

    They collect data though, there's no denying it. Hell, their CEO James Park said after Q1's earnings they were looking for a "much wider role in healthcare". This isn't a CEO taking calls out of his garage. For example:

    https://www.mobilestrategies360.com/2016/02/24/fitbit-goes-corporate-its-digital-healthcare-strategy

    How "involved" they end up depends on how much FitBit gear they end up selling now and on into the future. Either way, their story after Q2's earnings matches what I'm seeing in the story of supply/demand of their chart. It's an added bonus.
     
    #87 Rock Sexton, Aug 3, 2016
    Last edited: Aug 3, 2016
  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    yea i agree, i dont see the point in the product either. what makes it so bad is target gave all of us fitbits for free, not even a year has passed and everyone stopped using them, now that is bad, you give it out for free and not a single person in the warehouse still uses it.
     
  9. Stockaholic

    Stockaholic Content Manager

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    8/4/16 Thursday's News Movers: TSLA, TIME, GOGO, CHK, LB, SQ, FOXA, FSLR, JACK, MET, RIG, TRIP, GDDY, HLF, NKE, NOK & more
    source: cnbc.com


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    Check out which companies are making headlines before the bell on Thursday

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    • Viacom — The media company reported adjusted quarterly profit of $1.05 per share, 4 cents a share above estimates. Revenue also beat forecasts. A drop in media networks results was more than countered by growth in the film division.

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    • Tesla — Tesla reported an adjusted quarterly loss of $1.06 per share, wider than the 52 cent a share loss expected by analysts. The automaker's revenue was slightly below Street estimates, but Tesla did say it was on track to deliver 50,000 vehicles during the second half of the year.

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    • Teva Pharmaceuticals — The drugmaker beat estimates by 5 cents a share, with adjusted quarterly profit of $1.25 per share. Revenue also exceeded Street forecasts. The beat comes despite the negative impact of currency fluctuations.

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    • Becton Dickinson — The medical products maker earned an adjusted $2.35 per share, 15 cents a share above estimates. Revenue was essentially in line with expectations. The company cut its full-year revenue growth outlook, but is maintaining its full-year earnings forecast as profit margin growth improves.

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    • Time Inc. — The publisher of Sports Illustrated and other magazines earned 18 cents per share for its latest quarter, 3 cents a share above estimates. Revenue fell below forecasts, however. Time's results were hurt in part by a strong dollar.

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    • Gogo — The provider of in-flight entertainment lost an adjusted 31 cents per share for its latest quarter, smaller than the 41 cent per share loss anticipated by analysts. Revenue exceeded analysts' forecasts, and Gogo is increasing its forecast for system installations.

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    • Chesapeake Energy — The energy producer lost 13 cents per share for its latest quarter, 3 cents a share wider than anticipated. Revenue was below forecasts. Production was above estimates, however, and Chesapeake also raised is production guidance for the full year.

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    • L Brands — The parent of Victoria's Secret reported a 2 percent increase in comparable-store sales for July, much better than the consensus estimate of a 0.4 percent rise. The company also expects to report second-quarter earnings at the high end of its prior forecast.

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    • Square — Square lost 8 cents per share for its latest quarter, 3 cents a share less than analysts had predicted. The mobile payments company's revenue exceeded estimates. Square was helped by an increase in the number of merchants signing on to use its service.

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    • 21st Century Fox — Fox reported adjusted quarterly profit of 45 cents per share, beating estimates by 8 cents a share. The media company's revenue was essentially in line with forecasts. Fox also increased the size of its stock buyback and raised its semi-annual dividend to 18 cents per share from 15 cents. The company's results were helped by strong revenue growth for its cable network operations.

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    • First Solar — First Solar earned an adjusted 87 cents per share for its latest quarter, well above estimates of 54 cents a share. The solar company's revenue was also above Street projections. First Solar was helped by stronger equipment sales, and raised the low end of its full-year profit margin forecast.

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    • Jack In The Box — Jack In The Box came in 20 cents a share above estimates with adjusted quarterly profit of $1.07 per share. The restaurant chain's revenue exceeded analysts' estimates, as well. Its current-quarter earnings guidance is below forecasts, but the company notes that its same-store sales have been climbing and are moving closer to the industry average.

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    • MetLife — MetLife came in well short of the $1.35 per share consensus estimate with adjusted quarterly profit of 83 cents per share, while the insurance company's revenue missed, as well. The shortfall was largely due to higher losses on derivative investments.

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    • Transocean — TransOcean reported a sharp drop in second-quarter profit, but its adjusted earnings of 17 cents per share were well above the consensus forecast for a breakeven quarter. Revenue also topped estimates, even as the oilfield services company dealt with slumping demand amid lower crude prices.

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    • TripAdvisor — TripAdvisor earned an adjusted 38 cents per share for its latest quarter, 4 cents a share below estimates. The travel website operator's revenue also fell short of forecasts. TripAdvisor had rising expenses during the quarter, as well as lower revenue from hotel bookings.

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    • GoDaddy — GoDaddy lost 11 cents per share for the second quarter, 4 cents a share more than anticipated. The web registrar's revenue did beat analyst estimates, however, and the company gave upbeat full-year guidance.

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    • Canadian Pacific — The company no longer has investor Bill Ackman as a shareholder, with his Pershing Square selling its entire 9.8 million share stake in the rail company.

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    • Anheuser-Busch InBev — The beer brewer will have its managers in 18 of 19 key positions following its planned $100 billion takeover of SABMiller.

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    • Toyota — Toyota cut its full-year profit forecast due to a bigger hit from the stronger Japanese yen. The automaker expects operating profit to be down 44 percent from a year ago.

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    • Herbalife — Herbalife earned $1.29 per share for its latest quarter, 8 cents a share above estimates. The nutrition products company's revenue was essentially in line with expectations. It also said it planned to implement changes to its business practices within 10 months, following its agreement with the Federal Trade Commission.

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    • Nike — Nike is exiting its golf club and ball business, narrowing its focus on that sport to apparel and footwear.

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    • Nokia — Nokia said it would cut more costs after reporting a second-quarter loss of about $738 million. The telecom equipment maker's profit was down 45 percent from a year earlier.

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  10. Tiptopptrader

    Tiptopptrader Well-Known Member

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  11. MaximusAnalysis

    MaximusAnalysis Active Member

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    #CL_F $CL_F #Crudeoil levels are 41.49 / / 40.70 / / 39.90
    Same levels as yesterday..look where they paused #ES_F $ES_F #SPY 2162.75 / / 2151 / / 2139.50
     
  12. StockJock-e

    StockJock-e Brew Master
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    Oh man, did guys see that bitcoin heist?

    $60M in btc stolen!
     
  13. Rock Sexton

    Rock Sexton Meat Popsicle

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    Isn't our opinions of the product kind of besides the point though? I don't use it - have felt no need to. But this isn't about our own personal sensibilities.

    The market is forward thinking. This company for the first time in over a year has guided up. They're calling for a Q3 EPS of .17 (Q2 was .12 and Q1 was .10). They're expecting EPS in 2016 to be 1.17. Just do the math for a minute on that.

    ..... and it's coming from the company itself, not some random analyst. Granted they could end up wrong by the EOY, but for now they control the narrative.
     
    #93 Rock Sexton, Aug 4, 2016
    Last edited: Aug 4, 2016
  14. StockJock-e

    StockJock-e Brew Master
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    Haha!

    Yeah, that would probably be a good indication.

    Its a nice novelty item for a while, but I guess people get bored of it telling them they are lazy! lol
     
  15. MaximusAnalysis

    MaximusAnalysis Active Member

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    HES looking great for the long
     
  16. surfsup

    surfsup Active Member

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    Yea it is my opinion, and separate from an opportunity as an investment.

    I personally don't consider a few months of fitbit health data to be marketable.
     
  17. Rock Sexton

    Rock Sexton Meat Popsicle

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    Oh I understand that you don't, so I'm going to return that FitBit I bought for you. LOL

    When I hear statements like yours though - it begs me to ask what makes you qualified to come to a conclusion like that?

    I guess that's why I approach these things a little differently than most. Part of the fun (and addiction) for some is to have speculative conversations about companies and economies based on anecdotal experience or what they read on a website. My personal opinion is it enforces unjustified personal bias.
     
  18. Stockaholic

    Stockaholic Content Manager

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  19. surfsup

    surfsup Active Member

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    My answer is...I work out a lot, I eat right (or try to) when I'm not on vacation or on break from my usual daily routine. I know from experience things don't affect your health overnight - it takes more than a few months to see long-lasting progress. So a few months data is far too short to be useable in any sense - imo.
     
  20. Tiptopptrader

    Tiptopptrader Well-Known Member

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