Last week’s lightning-round
By Tue, Jan 21, 2020
Hey Scoopers,
We are back with another lightning-round edition of The Daily Scoop. Here are the most important events that shaped the movements of the stock market last week:
- Last week, the stock market investors were mostly in a trade-deal kind of mood. The market started on the high in the anticipation of the trade deal between the U.S. and China. (Read More)
- By the middle of the week, phase one trade deal became real. And as the icing on the cake, the Senate approved the U.S.-Mexico-Canada (aka USMCA) trade deal too. (Read More)
- By the time Friday arrived, we wrapped the first week of the earnings reports season with approximately 2% gain across all three indices — more on that in the “Overall Market” section.
Beyond the overall market, how do you know when the earnings seasons starts? There is an official way to do it, of course. But, there is another way — more on that in the “Water Cooler” section.
But first, here is a recap of what happened in the market on Friday:
Market Recap
- U.S. markets: All three indices wrapped the first week of earnings report season in the green. Scroll to the “Overall Market” section to learn more.
- Cryptocurrency: Bitcoin’s price is hovering near the $9,000 mark, and it seems that it has found a comfortable level to hang around for a while.
Two legendary traders are “front running the world”…
See How Two Legendary Traders Routinely Grab 426%… 780%… and 883% gains with…16 Hour Jump Trades
Last week, we’ve heard from iwbiscuit. First of all, that’s an awesome name. Secondly, he wanted more info on OneMedical IPO. Thank you for taking the time to write to us.
You asked whether investing in OneMedical IPO is considered an angel investment.
What is an Angel Investment?
Angel investing refers to giving see money to very small and new private companies by individual investors. Typically, angel investment only happens in the very early days of a company when it only takes an “angel” to see the good in the future of a young company. OneMedical has long passed that stage. Once any company goes public, investing in it won’t be an angel investment anymore.
What about that deep dive into OneMedical’s IPO documentation?
We are still waiting for another 9 Scoopers to ask for OneMedical’s IPO review. As a general rule, if any 10 Scoopers write us and as for a deep dive into a specific stock or IPO, we will dedicate one full edition to a detailed deep dive and review of that stock.
So, hey fellow Scoopers, help us make iwbiscuit happy by joining him to ask for a special edition Scoop to get a detailed analysis and review of OneMedical IPO documentation. The power is in your hands now …
Our email address is members@tradestocks.com. Or, reply to this email.
The Earnings-apalooza has started
What happened last week?
Every quarter or so, publicly-traded companies release their earnings reports. Things get super exciting for investors and the media. You get to check in with the companies you own or have on your watchlist and make sure they are on track to do what they have promised a quarter ago.
From the looks of it, the first week of the current earnings season was a great success. All three indices gained approximately 2%, give or take.
One company to start it all
What else can move the market?
How do we know when the earnings-apalooza starts each quarter?
Well, of course, you can feel it when the financial media go all crazy. You can also follow the companies on your list via your favorite stock market information website and tool, and get notified when they release their earnings reports.
But, there is one more way. It’s not an official way, but nevertheless, almost everyone in the financial media that we know, use this way.
What is it? Tell us, already …
There is one company to start it all, every quarter. You know the earnings season has started when one specific company releases its report. Alcoa (Ticker: AA) is the name of that company, and it has just released its earnings report on Jan. 14th.
Here we go again, the earnings-apalooza has officially begun.
About the Author
The authors of this Scoop are the editorial team at Stock Card, led by Hoda Mehr. Hoda Mehr is CEO and Co-founder of Stock Card and the host of Renegade Investors podcast. She runs a community of 40,000 stock market investors and manages Stock Card's successful flagship portfolio, Roll with Our CEO, on Stock Card Portfolio Store. Hoda is an Economist with an MBA from Concordia, John Molson School of Business. She applies behavioral economics, data journalism, and storytelling to all aspects of her work. Before starting Stock Card, Hoda worked as a strategy and insights lead at technology companies including Symantec, Aimia and Sony. Create a free account to do your stock market research easily and mistake-free: Stock Card Stock Card
