Dear mooers,
We are coming to the end of a very unusual year full of uncertainty. Whether good or bad, we all witnessed the history.
Before you want to see what you can expect in 2022, let's have a little break and take a guess of the closing price of the S&P 500.
A happy ending or a tragedy? Go big or go home? Place your bet NOW!
Win Reward:
Place your bet on the closing price of the $S&P 500 Index (.SPX.US)$ (i.e.4800.11) on Friday...

Yesterday, The BAD Investment Company announced the launch of the $B.A.D. ETF (BAD.US)$. The indexed large-cap fund is designed to offer investors equally weighted exposure to the "BAD" market segments — betting (casinos, gaming, and online gaming operations), alcohol/cannabis (alcoholic beverage manufacturing and distribution and/or cannabis cultivation and sales), and drugs (pharmaceutical and biotechnology product development and manufacturing) — by providing investment results that closely track the performance, before fees and expenses, of the EQM BAD Index (BADIDX).
With the proliferation of whitewashed ESG products and market sub-segments like sports betting and cannabis becoming more widely accepted socially and legally, we saw an opportunity to fill what we perceived as a gap in the marketplace. We came to that conclusion primarily by listening and watching this newly energized retail crowd over the past year.”
--- said Tommy Mancuso, president and founder of the BAD Investment Company, which owns the EQM BAD Index that BAD will track.
“We believe they want investment products rooted in transparency and quality that they may also be able to understand and relate to as consumers whether that is in health, wellbeing, or entertainment.”
--- Tommy Mancuso added.
The fund's launch comes amid a frenzy of ESG-fund debuts. In December alone, $Goldman Sachs (GS.US)$, $Bank of New York Mellon (BK.US)$, $JPMorgan (JPM.US)$ and Cathie Woods Ark Investment Management have introduced ETFs with sustainable tilts. (ESG ETF: $GOLDMAN SACHS FUTURE PLANET EQUITY ETF (GSFP.US)$, $BNY Mellon Sustainable International Equity ETF (BKIS.US)$ , $JPMORGAN CLIMATE CHANGE SOLUTIONS ETF (TEMP.US)$, $ARK TRANSPARENCY ETF (CTRU.US)$ )
Top 15 Holdings of BAD
Our mission is to position ourselves in a unique manner compared to most fund management companies. It's our opinion that we don't think or dress like the typical 'suit,' but are fully capable of harnessing the expertise and insights of Wall Street to provide strategically designed investment products.”
--- Tommy Mancuso said.
The expense ratio of BAD will be 0.75%.
Do you perfer ESG ETF or this anti-ESG ETF?
Source: The BAD Investment, Businesswire, Bloomberg

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures rose in early Thursday after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022.
- It is the latest sign of how an acceleration and broadening of inflationary pressures, together with signs of an ever-tighter labor market, is reshaping officials' economic outlook and policy planning.
Market Snapshot
U.S. stock futures rose in early Thursday after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ jumped about 179 points. $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ futures added 0.6% each.
Top News
Stock futures rise after Fed decision
U.S. stock futures rose, putting Wall Street on course to extend gains that followed the Federal Reserve's move to speed up its plans to tighten policy.
For the Fed, 2021 was a year for 'recalibrating'
The Federal Reserve has gotten a lot of criticism for equivocating in 2021. But others prefer to see it as being flexible.
SEC floats money-fund, stock rules
Chairman Gary Gensler cited the "dash for cash" that occurred among investors at the beginning of the Covid-19 pandemic last year.
Fed officials project three rate rises next year and accelerate wind-down of stimulus
It is the latest sign of how an acceleration and broadening of inflationary pressures, together with signs of an ever-tighter labor market, is reshaping officials' economic outlook and policy planning.
Reddit files for IPO
The social media company said in a blog post that it has begun the process for listing with the SEC.
Airline CEOs face senators' queries about bumpy travel recovery
Executives from American, Southwest, United and Delta were asked about flight disruptions, refund policies and pilot hiring after receiving billions in federal aid amid the Covid-19 pandemic. $American Airlines (AAL.US)$ $Southwest Airlines (LUV.US)$ $United Airlines (UAL.US)$ $Delta Air Lines (DAL.US)$
Apple delays return to office, closes three stores as Covid cases rise
$Apple (AAPL.US)$ again delayed plans to return to the office as concerns mount about the Omicron variant of the virus that causes Covid-19, and the company temporarily closed three Apple stores after a rise in cases there.
Read More
Sotheby's makes $100M NFT sales with younger audience
Elon Musk says Jeff Bezos takes himself 'too seriously', who do you like more?
6 indicators to gauge if the S&P 500 is peaking
4 top stock trades for Thursday: PFE, ROKU, PG, RBLX
Why do stocks rally after the Fed's decision?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg