Boiler Room: The Official Stock Market Discussion

[OSUBaneBrowns]

Brought 10 shares of Nike earlier this month. They been good to me and my portfolio .

 

[Domingo Halliburton]

How do these a$$holes bet on fed funds futures?

Just borrow a ton of money and hope it moves a couple basis points?

I get you have to hedge, especially now, but that seems like such an odd market to be in. The spot price doesn't move.

 

[Pyrexcup]

probably been discussed but ill ask anyway anyone here do FX trading? got small amount of change im looking to make profit of doing FX trading, anyone recommend any good books/website where i can learn the basics

 

[OSUBaneBrowns]

After thinking for about a couple of days, I decided not to include oil stocks in my IRA portfolio at this time. I'm just going to get a couple of shares of a large cap ETF and let in grow in my account for a couple of years. I want to have more experience under my belt with dealing with stocks and ETFs before I sacrifice funds from my retirement account.

Also, I was able to open my Robinhood account this pass week and bought 3 shares of a Oil ETN, one REIT ETF and one technology ETF ($100 all together). My account already grew by two dollars within two days. I'm going to keep adding money to my Robinhood account and get the hang on trading from there for the mean time .

 

[Domingo Halliburton]

ECONOMIC REPORTS

Domestic economic reports scheduled for today include:
Chicago Fed national activity index for February at 8:30--consensus 0.10
Existing home sales for February at 10:00--consensus up 2.0% to 4.92M rate

ANALYST RESEARCH

Upgrades

American Homes 4 Rent (AMH) upgraded to Overweight at Morgan Stanley
Callaway Golf (ELY) upgraded to Outperform from In-Line at Imperial Capital
Darden (DRI) upgraded to Outperform from Market Perform at Telsey Advisory
Dynavax (DVAX) upgraded to Overweight from Neutral at JPMorgan
Enterprise Products (EPD) upgraded to Buy from Hold at Jefferies
Lennox (LII) upgraded to Equal Weight from Underweight at Barclays
Navios Maritime Partners (NMM) upgraded to Buy from Hold at Deutsche Bank
Popular (BPOP) upgraded to Neutral from Sell at Goldman
Smith & Nephew (SNN) upgraded to Buy from Neutral at Goldman
Staples (SPLS) upgraded to Buy from Neutral at UBS
Targa Resources Partners (NGLS) upgraded to Buy from Hold at Jefferies
Tyco (TYC) upgraded to Overweight from Equal Weight at Barclays

Downgrades

AK Steel (AKS) downgraded to Neutral from Outperform at Macquarie
ArcelorMittal (MT) downgraded to Hold from Buy at Jefferies
Biogen (BIIB) downgraded to Hold from Buy at Stifel
Carnival (CCL) downgraded to Hold from Buy at Deutsche Bank
Dover (DOV) downgraded to Equal Weight from Overweight at Barclays
EMC (EMC) downgraded to Neutral from Overweight at Piper Jaffray
Grainger (GWW) downgraded to Equal Weight from Overweight at Barclays
IPG Photonics (IPGP) downgraded to Hold from Buy at Stifel
Israel Chemicals (ICL) downgraded to Equal Weight from Overweight at Barclays
MarketAxess (MKTX) downgraded to Market Perform from Outperform at Raymond James
NVIDIA (NVDA) downgraded to Sell from Neutral at Goldman
NetApp (NTAP) downgraded to Neutral from Overweight at Piper Jaffray
Olin Corp. (OLN) downgraded to Sell from Neutral at UBS
Perrigo (PRGO) downgraded to Sector Perform from Outperform at RBC Capital
Ruby Tuesday (RT) downgraded to Neutral from Buy at Longbow
Sherwin-Williams (SHW) downgraded to Sell from Neutral at UBS
WESCO (WCC) downgraded to Equal Weight from Overweight at Barclays
Xylem (XYL) downgraded to Equal Weight from Overweight at Barclays

Initiations

Allied World (AWH) initiated with a Market Perform at Keefe Bruyette
Catamaran (CTRX) initiated with a Buy at Mizuho

COMPANY NEWS

Royal Bank of Scotland (RBS) launched an underwritten public offering to sell Citizens Financial (CFG) common stock expected to equal 115M shares
Effective today, Biogen Idec said it changed its name to Biogen (BIIB)
Tenet (THC), United Surgical Partners and Welsh Carson announced new joint venture. Under the terms of the agreement, Tenet will initially own 50.1% of the joint venture and will consolidate its financial results
Lowe's (LOW) announced new $5B share repurchase program
C&J Energy (CJES) shareholders approved pending merger with Nabors Industries (NBR)

EARNINGS

Companies that beat consensus earnings expectations last night and today include:
Ctrip.com (CTRP)

Sinopec (SNP) reports FY14 net profit RMB46.5B vs.RMB66.13B in FY13

NEWSPAPERS/WEBSITES

Apple (AAPL) working on new version of Apple TV, BuzzFeed reports
Foxconn chairman eyes investment in Sharp (SHCAY), WSJ reports
Wal-Mart (WMT) shareholders allowed to vote for independent chairman, Reuters reports
Lawsky targets Deutsche Bank (DB) in Libor probe, FT reports
WHO says herbicide marketed by Monsanto (MON) likely carcinogenic, WSJ says
Gilead (GILD) warns after hepatitis C patient taking heart drug dies, Bloomberg reports
Biogen (BIIB) has room to run higher, Barron's reports
Michael Kors (KORS) shares look inexpensive, Barron's says
Citi (C) shares could rise faster, Barron's says

SYNDICATE

Aramark (ARMK) files to sell 22.5M shares of common stock for holders
Brixmor (BRX) files to sell 22.5M shares for holders
Cerulean (CERU) files to sell $57.5M of common stock
Credit Suisse (CS) files automatic mixed securities shelf
Gray Television (GTN) files to sell 12M shares of common stock
HCC Insurance (HCC) files $1B mixed securities shelf
Lionsgate (LGF) files to sell 361,229 shares of common stock for holders
ServiceMaster (SERV) files to sell 20M shares of common stock for holders
U.S. Geothermal (HTM) files to sell 684,916 shares of common stock for holders
Valley National (VLY) files automatic mixed securities shelf

 

[Domingo Halliburton]

probably been discussed but ill ask anyway anyone here do FX trading? got small amount of change im looking to make profit of doing FX trading, anyone recommend any good books/website where i can learn the basics

I think FXCM is the largest retail FX trading platform. As for basics I'll have to look for a site. I know inflation, interest rates, trade deficits, debt, supply, how well the economy is doing probably effect it the most. Probably other factors I'm not thinking about.

 

[Domingo Halliburton]

am I reading this right? like 35-40% of the float is sold short in GPRO?

 

[Domingo Halliburton]

Stanley Fischer - says the Fed will probably raise rates before the end of the year. No forward guidance.


edit: look at this shyt. does this clear anything up?

 

[无名的]

New logo for the site

Had the clock hands / parts of the K point from about 9:30 to 4... time of the market... with $ signs instead of dashes at those spots to indicate $$$ time

 

[Pyrexcup]

I think FXCM is the largest retail FX trading platform. As for basics I'll have to look for a site. I know inflation, interest rates, trade deficits, debt, supply, how well the economy is doing probably effect it the most. Probably other factors I'm not thinking about.

oh ok time to start getting serious finally got some change i can afford to utilize

 

[Futuristic Eskimo]

oh ok time to start getting serious finally got some change i can afford to utilize

You've seen the data on how few people actually make money trading fx right? Other than the market being open all day, don't see the attraction at all.

 

[Domingo Halliburton]

2 massive 2.9 million share trades in SPY at 210. That's over $1.2 billion.


too bad we didn't have an algorithm buy SPY at 3% above the NBBO as they're prone to do every once in awhile.

 

[Swagaveli]

UNG trade ate away most of NKE profits, fukk..

Back in on DWTI today in the 139s. Oil fake bouncing is laughable, DWTI back to 160s or more by Wed when IEA reports I think..

 

[Ohene]

yep

am I reading this right? like 35-40% of the float is sold short in GPRO?

i'm telling yall this shyt is gonna fly.

it will hit at least 60 once before the end of the year. Company is in too good of a financial position for it not to imo

 

[brother walt]

how much money i need to start in the stock market