#stock picking

[mankabrosstudios]

This Date in Manka Bros. History - June 16, 1952

Celebrated script picking chicken, Manken The Great, is fired (and eaten) by studio boss Harry Manka after picking several bombs in a row.

[tradingwalk]

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[moneyvehicle]

Index Funds VS Stock Picking

Index funds and stock picking are two different investment strategies. Index funds are a type of mutual fund that aims to replicate the performance of a specific stock market index. Stock picking involves selecting individual stocks based on various factors, such as company financials and industry trends.

[himanshu1]

Importance of selecting the right stock at the right price

While last year, in March 2020, the Covid situation appeared to be a bottomless pit, this year the magnitude and timeline of damage to the economy seem to be relatively more determinate. There has been no national lockdown and states implemented targeted lockdowns allowing manufacturing and construction activities in most cases. According to the Oxford Stringency Index, which measures the strictness of local responses to the virus, India's stringency was 96-100% in the summer of 2020. In comparison, at the end of May this year, India scored 82% in the Oxford Stringency Index, due to less severe lockdowns. Markets around the world have traded in the range of 30-40 times a current year free cash flow over the past few years, which means current year cash flow is roughly between 2.5% and 3.0% of market value-added. If the impact of the pandemic on cash flows is for a specified period of time of a few months, the resulting impact on the value of the company will be limited. This is why the markets behaved very differently during the second wave of Covid.

While last year, in March 2020, the Covid situation appeared to be a bottomless pit, this year the magnitude and timeline of damage to the economy seem to be relatively more determinate.

[check-balances101]

The market over the last couple of weeks has been stagnating. Leaving investors wondering where to place their money as the market consolidates. Is a pullback upon us? Should you hold cash on the sidelines and let the marketplace figure it out? In my view, four sectors are moving and should work for the rest of the year. We have gotten used to the market always going up. Times like these lead to people making decisions they might not typically make. I know because it happens to me all the time. I rush to judgment and make investment decisions I would not usually make.

[check-balances101]

General Electric is my new stock option pick for this week. I’m trading this stock purely on technicals and market sentiment. GE has an earnings call this week, but next week on August 20th $GE will be doing a 1to 8 stock split. Meaning they will be taking shares out of the market. General Electric currently has 8.78 Billion outstanding shares. The split will bring that number to 1.1 Billion. $GE is trading well above the 200-day moving average, and you see the 200 days moving average moving upwards. On Friday, 7/23/21, in the options market, you saw calls outpace 3/1. Also, if you look at a 1yr standard deviation channel chart, you will see the stock is trading around one standard deviation away from the mean. Usually, we see a bounce in the opposite direction. The market is looking for a big move. Josh Brown, a well-known investor and portfolio manager, has also put his weight behind the stock split, and he sees the stock going higher. When I was looking at the August 20th $14 strike price, I noticed some unusual activity. Volume and open interest are shooting through the roof. This tells me there is a lot of positive sentiment in the market regarding General Electric. The contracts are only selling for $.15 a pop. Is $GE ready to rip upwards? On Friday, we saw 25k contracts still open that expire on August 20th. There are also 10k contracts open at the $15 strike price. So there is still time left; give it a look.

[supermandude]

Breaking down the top 100 stocks to find the best of the best for you! Check out the playlist today!