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$NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Futu Holdings Ltd (FUTU.US)$ After learning options, you'll lose first, then earn; tuition fees definitely have to be paid first.
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$Futu Holdings Ltd (FUTU.US)$ Those large and extra-large orders cannot stop the downward trend even if they buy again. The crazy surge last week has been driven by large and extra-large orders pushing the stock price up. Now, most of those people are estimated to have left the market.
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$Futu Holdings Ltd (FUTU.US)$
Question: Can Futu management push up the share price by share buying back?
Is current price reflect the value of the company or this share is only wasting of time?
Question: Can Futu management push up the share price by share buying back?
Is current price reflect the value of the company or this share is only wasting of time?
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$Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机,才有商机。
Have fun investing. Cheers!!
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机,才有商机。
Have fun investing. Cheers!!
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Weekly market recap
Stocks have a track record of posting gains in Thanksgiving week, which will potentially set the stage for a year-end Santa rally. One big market-moving event this week will be President Joe Biden's nomination for the next Federal Reserve chief.
$S&P 500 Index (.SPX.US)$ came off a winning week, up 0.3%, on the back of a slew of stellar earnings reports from big retailers and strong U.S. retail data. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ Composite jumped 1.2% last week. The $Dow Jones Industrial Average (.DJI.US)$ fell 1.3% during the period, however.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail's biggest names, including Best Buy, Burlington Stores, Dick's Sporting Goods, Dollar Tree, and Gap.
Non-retail highlights on the earnings calendar next week includeZoom Video Communications on Monday, Autodesk, Dell Technologies, and VMware on Tuesday, and Deere on Wednesday.
The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.
Monday 11/22
$Agilent Technologies (A.US)$, $Keysight Technologies (KEYS.US)$, and $Zoom Communications (ZM.US)$ release quarterly results.
The National Association of Realtors reports existing-home sales for October.The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.
Tueaday 11/23
$Analog Devices (ADI.US)$, $Autodesk (ADSK.US)$, $Best Buy (BBY.US)$, $Burlington Stores (BURL.US)$, $Dell Technologies (DELL.US)$, $Dick's Sporting Goods (DKS.US)$, $Dollar Tree (DLTR.US)$, $Gap Inc (GPS.US)$, $HP Inc (HPQ.US)$, $Nordstrom (JWN.US)$, $Kanzhun (BZ.US)$, $Medtronic (MDT.US)$, and $Vmware (VMW.US)$ report earnings.
IHS Markit releases both the Manufacturing and Services Purchasing Managers' indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.
Wednesday 11/24
The BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA's preliminary estimate of 2% from late October.
$Deere (DE.US)$ reports fiscal fourth-quarter 2021 results.
The Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.
The Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.
The BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September's 0.6% gain.
Thursday 11/25
U.S. bourses and fixed-income markets are closed in observance of Thanksgiving.
Friday 11/26
It's Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.
Source: CNBC, Dow Jones Newswires, jhinvestments
Stocks have a track record of posting gains in Thanksgiving week, which will potentially set the stage for a year-end Santa rally. One big market-moving event this week will be President Joe Biden's nomination for the next Federal Reserve chief.
$S&P 500 Index (.SPX.US)$ came off a winning week, up 0.3%, on the back of a slew of stellar earnings reports from big retailers and strong U.S. retail data. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ Composite jumped 1.2% last week. The $Dow Jones Industrial Average (.DJI.US)$ fell 1.3% during the period, however.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail's biggest names, including Best Buy, Burlington Stores, Dick's Sporting Goods, Dollar Tree, and Gap.
Non-retail highlights on the earnings calendar next week includeZoom Video Communications on Monday, Autodesk, Dell Technologies, and VMware on Tuesday, and Deere on Wednesday.
The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.
Monday 11/22
$Agilent Technologies (A.US)$, $Keysight Technologies (KEYS.US)$, and $Zoom Communications (ZM.US)$ release quarterly results.
The National Association of Realtors reports existing-home sales for October.The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.
Tueaday 11/23
$Analog Devices (ADI.US)$, $Autodesk (ADSK.US)$, $Best Buy (BBY.US)$, $Burlington Stores (BURL.US)$, $Dell Technologies (DELL.US)$, $Dick's Sporting Goods (DKS.US)$, $Dollar Tree (DLTR.US)$, $Gap Inc (GPS.US)$, $HP Inc (HPQ.US)$, $Nordstrom (JWN.US)$, $Kanzhun (BZ.US)$, $Medtronic (MDT.US)$, and $Vmware (VMW.US)$ report earnings.
IHS Markit releases both the Manufacturing and Services Purchasing Managers' indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.
Wednesday 11/24
The BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA's preliminary estimate of 2% from late October.
$Deere (DE.US)$ reports fiscal fourth-quarter 2021 results.
The Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.
The Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.
The BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September's 0.6% gain.
Thursday 11/25
U.S. bourses and fixed-income markets are closed in observance of Thanksgiving.
Friday 11/26
It's Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.
Source: CNBC, Dow Jones Newswires, jhinvestments
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Several of Wallstreetbets' most popular stocks lost significant ground on Thursday. But Nvidia, soared in the wake of a better-than-expected earnings report.
Shares of $NVIDIA (NVDA.US)$jumped 8.25% on Thursday trading after the tech company issued a quarterly report and forecast that beat Street estimates.
On the downside, $Alibaba (BABA.US)$, saw its shares tumble 11% after its earnings report and outlook fell short of expectations.
Shares of EV makers $Rivian Automotive (RIVN.US)$and $Lucid Group (LCID.US)$fell again after rallying earlier in the week.
The following tickers are the top trending stocks mentioned by the polular sub-reddit, WallStreetBets, over the last 24 hours. Let's check it out!
Source: MT Newswires
Shares of $NVIDIA (NVDA.US)$jumped 8.25% on Thursday trading after the tech company issued a quarterly report and forecast that beat Street estimates.
On the downside, $Alibaba (BABA.US)$, saw its shares tumble 11% after its earnings report and outlook fell short of expectations.
Shares of EV makers $Rivian Automotive (RIVN.US)$and $Lucid Group (LCID.US)$fell again after rallying earlier in the week.
The following tickers are the top trending stocks mentioned by the polular sub-reddit, WallStreetBets, over the last 24 hours. Let's check it out!
Source: MT Newswires
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Sono Group is listed on the Nasdaq on November 18th under the symbol SEV. It soared 154.67% in first day of trading, valued at $2.64 billion. Berenberg acted as sole bookrunner on the deal.
Business Overview
Sono Group, founded in 2016, is a Germany-based developer of solar powered vehicles.
The company is in the process of developing and commercializing a disruptive solar technology and intend to use it to create the solar and battery powered vehicle called the Sion.
Sono creates an advanced polymer for solar cell covering material to enable vehicle solar energy charging capabilities.
It expects that in the right conditions in Germany, solar power can add up to 245 kilometers (152 miles) of additional driving range per week.
The Sion is still in the pre-production phase, having introduced its final prototype in January 2021, with plans to launch in 2023. The company has received 16,000 reservations for the Sion, at a net entry price of €23,900. Sono also aims to license and sell its proprietary solar technology to commercial vehicle manufacturers.
Sono Group is also in the process of starting to license and sell the proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats, in order to accelerate the transition towards sustainable transportation.
Financial Performance
In 2019 and 2020, the company did not generate any revenue from its operations.
For the six months ended June 30, 2021, it had a loss for the period of €25.7 million, compared to a loss for the period of €9.8 million in the six months ended June 30, 2020.
Click to view the prospectus
$Sono Group (SEV.US)$
Business Overview
Sono Group, founded in 2016, is a Germany-based developer of solar powered vehicles.
The company is in the process of developing and commercializing a disruptive solar technology and intend to use it to create the solar and battery powered vehicle called the Sion.
Sono creates an advanced polymer for solar cell covering material to enable vehicle solar energy charging capabilities.
It expects that in the right conditions in Germany, solar power can add up to 245 kilometers (152 miles) of additional driving range per week.
The Sion is still in the pre-production phase, having introduced its final prototype in January 2021, with plans to launch in 2023. The company has received 16,000 reservations for the Sion, at a net entry price of €23,900. Sono also aims to license and sell its proprietary solar technology to commercial vehicle manufacturers.
Sono Group is also in the process of starting to license and sell the proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats, in order to accelerate the transition towards sustainable transportation.
Financial Performance
In 2019 and 2020, the company did not generate any revenue from its operations.
For the six months ended June 30, 2021, it had a loss for the period of €25.7 million, compared to a loss for the period of €9.8 million in the six months ended June 30, 2020.
Click to view the prospectus
$Sono Group (SEV.US)$
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