Reddit Buzzing Stocks!

[KingPluto]

I haven’t been updating as much over the last month or so, as I’ve had a hectic couple of days, and investors have been caught up in the crypto buzz, meaning less chatter and interest in stocks.

While I’ll cover some major crypto events when talking about the investment landscape moving forward, I won’t be doing deep crypto research any time soon. I think there are lots of other people out there who cover and understand crypto much better than me, and I would like to stay focussed on stocks, as that is more my area.

The one word of advice i’ll have to people looking to invest in crypto is to have a strategy, and an aim for what you are trying to achieve. Have you researched the token or project you are buying into? do you understand the risks?

Advice you should read if you are at the start of your journey​

I came across a fantastic write-up on reddit the other day, https://email.mg2.substack.com/c/eJwlUUGOwyAMfE05Rjg0KRw47GW_gQiYhk0CETgbdV-_pJUwGo01eBg7S_jM5aX3XIldl6HXjjrhWVckwsKOisVEr3upxp73inl99yAHyWI1oSBuNq6ayoFsP6Y1Oksxp7dC9QCCzdqp4Dx4AWCFs8opG8IDlbAIKgRx_wy2h4-YHGr8xfLKCdmqZ6K93sTXrf9u5zzPrqD3kTqXt0aUVpWyW2oDjdow0QVT-OFcNkBzTM9qojljnc2OeV_RzNYbyqs3G5pzxubVVLKF0DcFi7r9EvjQDyC5ErKDbnRBWOAc7MgHKcD7gIBy6pHbUYG83fn27Lt6TO0dt1zmWNGh2LRQnmK6-vhmW0Lm8nmkSC-DyU4r-k949NnBO07zxISl7cYbSxrGHtQ4ggQ18E9WLV0xPpR4DANrY31uqqTtGpe82L9_VKKf3Q, it’s worth a read to align yourself in terms of mentality.

TL;DR:

• Always do your own due diligence. (I can’t stress this enough)
• Use critical thinking for any single piece of information you read about a company or the market.
• Stay open to criticism. If you have a good idea but someone knows better, it’s not just a learning experience but it can save you from losing your money.
• Dollar cost averaging. It’s better to make several buys into a stock than one giant buy. It’s impossible to perfectly time the market.
• Buy the dip but only if you have a good reason to! Don’t blindly buy every dip.
• Don’t ever hesitate to cut your losses.
• Never stop learning.

Buzzing stocks of the week​

These are the stocks identified as having the biggest shift in chatter, in terms of volume and sentiment over the last week. The algorithm purposely tries to avoid stocks that have seen irregular spikes in chatter, instead only identifying stocks with regularly increasing activity, to reduce the likelihood that pump and dump stocks appear on this list.



A few big movers to talk about:

• Take-two interactive (TTWO) - video game publisher most famous for the Grand Theft Auto, Red dead redemption and 2K series, posted tremendous results for their Q4 results, with earnings boosted by people staying at home and playing video games. I am a massive believer in video games and surrounding products growing further in the future, E-sports for me has gained a new, sticky crowd last year that will likely to stay. Ask yourself how many streamers you know now vs last year. While Take-two could struggle to match this growth as places open up over this year, and GTA5 especially will be hard to replace, expect further long-term upside from them.
• Kohl’s Corp (KSS) - The US department store also posted good results last week, yet saw its stock price tumble. A similar situation happened with CVS earlier this year, where I covered their stock at $69, now at $89, there could be a similar play here, especially as their revenues will only increase with re-opening stores.
• Hargreaves Lansdown (HL) - The UK based investment services provider posted bumper earnings boosted by the retail investor mania of earlier this year. One of the few solid stock trading providers on the other side of the pond, especially towards more traditional and reserved investors.
• Atossa therapeutics (ATOS) - Boy, what a rollercoaster this stock is. I mentioned back in March here: https://email.mg2.substack.com/c/eJxVkMFuwyAQRL8m3BKxYDA-cOilv2FhWDvINliwbpV-fUmiHiqt9jCj1ew87wiXXB72yJXYc430ONAm_K4bEmFhZ8UyxmCFGbTgYmDBdgGMMizWcS6Iu4ubpXIiO85pi95RzOl1MQgAye7Wc9C9UwoEGuO9693cdx1Xqg_ByBnewe4MEZNHi19YHjkh2-yd6KgX-XERn23cFte8up9bPadKzq83n_emH0-Pcr1Wyn69UsEUYlqa2vwdE1UWbfsduBIKDB-kucFN-1k64Byc5spICGFGQDMJ5E4PYC4d3xfxL4sVOxeXVspTTE8fX2rrPT6TzhTpMWJy04bhjYTeZF-QxgUTlkY8jI4saAGD1mBgUPxNoDGTuh9krxRrsSG3q2T_Wv8C4c6Phg. currently undergoing trial approvals, be careful with this one, as it can move by a lot.

Most mentioned stocks of the week​

These are the stocks that has seen the biggest amount of chatter over the last week. It’s worth noting that my algorithm does some filtering to remove bot accounts from consideration, so the number may be lower than what other research houses quote.



I will not go into specific stocks for this chart this week, given that there is nothing massively interesting to note in there. Tesla is unsurprisingly top as Musk has been everywhere with his Doge and Bitcoin talk. GME and AMC are still being talked about in a tremendous way, I don’t think that will go away soon, but I also don’t think much will happen too.

It’s worth noting that while LINK is a stock mentioned in here, I think that’s more referring to the crypto coin Chainlink, rather than the obscure $70 market cap company.

 

[jordan20896]

This is premium studd bro thanks for sharing.

 

[KingPluto]

This is premium studd bro thanks for sharing.

Thanks man!

 

[LocalSeoguy40]

hi bro do you have a reddit group i can join?

 

[CREAMLLC]

Pump n Dump scams are on BHW again?

 

[KingPluto]

Would anyone be interested for an update?
Thanks

 

[telim2]

Would anyone be interested for an update?
Thanks

yeah drop updates bro am following

 

[clamans]

Same for me, love your analyzes

 

[sasukeU]

The analysis are cool. Thanks for sharing

 

[KingPluto]

Great, I'm glad there is still interest. Please see below.

---------------

Tech Earnings bonanza:

This week has been mostly dominated by news of the tech giants destroying earnings, with AAPL, GOOGL, MSFT and TESLA comfortably beating analyst expectations.

AAPL actually saw a drop in its share price after the announcement, due to increasing concerns over the chip shortage that has been affecting manufacturers globally.
AAPL had already warned previously that the chip shortage would affect them, but that was previously more focussed on iMacs and ipads, rather than their flagship iPhone.

Here’s what NBC had to say around the matter:

iPhone shortages won’t doom Apple — it still expects slowing, “double-digit” growth over the $64.7 billion it reported in last year’s September quarter. But the admission shows that even Apple -- with its prodigious supply chain, operations-expert CEO, and purchasing power with suppliers, may have trouble getting parts it needs to meet demand amid a global shortage.

The buzzing take: A drop in share price for AAPL presents a good purchasing opportunity, as I remain massively bullish on the company’s long-term future, especially with increasingly poor showings from their android competitors and AAPL’s ecosystem ethos growing stronger.

Some big earnings announcements are still to come this week:

FB announcing results today, expect bumper earnings again.

ArcelorMittal (MT) will likely also show good results, as commodity prices have been on a rampage recently.

AMZN release their earnings on thursday, again I expect big earnings from extended AWS growth.

I am expecting strong results from Upwork (UPWK), the macro-labor trend of people leaving full-time office work and taking on more remote and freelance roles is growing stronger, and freelance organisation websites like Upwork will benefit from this.

Keep an eye on ExxonMobil (XOM) and Chevron (CVX) also, the rise in oil price will be beneficial for those companies.

What’s next for the markets?

I am seeing more and more warnings and articles around markets being near a ‘top‘. The infamous ‘Buffet Indicator‘, a measure of market health that looks at the ratio of US stock market valuation to GDP, has traditionally been used to call market highs and lows, is at its highest rate ever.

Buzzing stocks of the week

These are the stocks identified as having the biggest shift in chatter, in terms of volume and sentiment over the last week. The algorithm purposely tries to avoid stocks that have seen irregular spikes in chatter, instead only identifying stocks with regularly increasing activity, to reduce the likelihood that pump and dump stocks appear on this list.

A lot of the chinese tutoring stocks are already starting to see some recovery, as investors look for buying opportunities at low prices, how much those stocks will recover remains to be seen.

SOS is one to be wary of, while it is up for the week, it has been on a long down-trend for the last few weeks.

RIOT is an interesting one to look at, the American based crypto-currency mining company offers an interesting exposure point to crypto. While the company has been on a downward trend since February, the current drop in interest in crypto (compared to the chaos a few months ago) could serve as a good purchase time for this stock…

Most mentioned stocks of the week

These are the stocks that has seen the biggest amount of chatter over the last week. It’s worth noting that my algorithm does some filtering to remove bot accounts from consideration, so the number may be lower than what other research houses quote.

A lot of the familiar names are here, with TSLA leading the charge following their bumper earnings announcements.

An interesting note on GME and AMC, social media chatter has been polarised and subdued around the two companies, with many Reddit sites banning mentions of the ‘meme stocks’. I think a lot of new users have also started becoming bored of stocks, either having lost money or not seen the astronomical returns achieved by the lucky few.

AMP is a new addition to this list, I think a lot of the chatter with this has been around the AMP token.

SOFI is another new one to the list, the finance company having seen a big sell off along with SPACs throughout this year, with some seeing this as a good opportunity to enter into the stock at a low price.

Overall, not much massive movement outside of earnings announcements, partly as people focus more on summer holidays and sit tight to see where the pandemic plays out.

 

[blackbeans]

This is an awesome thread.

Thank you so much, King Pluto.

I appreciate it.

This is great for people who want to play the stock market.

After all, many stocks that get a lot of buzz on Reddit eventually make some gains or face spectacular losses depending on how people there are playing the market .

But I am intrigued by your tool.

Would you also be able to track hype on crypto?

Also, given that there's a lot of fake hype for many coins and tokens out there is there a way for your algorithm to "bake that in" spitting out buzz-level calculations?

I'm sure I'm not the only one who would be interested in such a tool because there's a lot of money to be made in crypto.