JoeBiden
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Morning mooers, it is Thursday, May 9th. The market is open and mixed, with two out of three indexes climbing. My name is Kevin Travers, and here are stories moving the market today:
ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos!
MOOVERS
$Airbnb (ABNB.US)$ pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos!
MOOVERS
$Airbnb (ABNB.US)$ pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
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JoeBiden
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Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
What a volatile week we had! Inflation jumped by 8.2% in September vers...
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
What a volatile week we had! Inflation jumped by 8.2% in September vers...
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JoeBiden
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JoeBiden
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I recently chatted with a friend, and while chatting, he asked me a question "Why are you trading in stocks?"
Without even thinking about it, I blurted out "Why else? For the money!"
But lying in bed that night and thinking about it slowly, I felt that it was not just for money. This also made me curious about the reasons why everyone chose stocks.
Some people say: Stocks can achieve financial freedom, and you don't need to look at people's faces for money. Relying on passive income can also live nourishment. If you want to work, you can go to work. Just one word, cool!
Some people say: Just to pretend to be B. This answer is also unexpected!
Some people say: In fact, it is pure, just for money! Nothing else matters, money is money! Some people also say: I like the purity of the stock market, and it is easy to verify right and wrong. The important thing is that you don't need to look at the color of the leadership. It seems that this is also an important reason why many people choose stocks. Some people say: The current environment is not good, and assets have shrunk severely every year. Compared with bank wealth management, p2p, etc., stock trading is the best investment choice, but no matter which investment method is used, the mentality is very important.
Others said: At first it was to make money, and then it became a hobby.
Some people also say that it is to exercise themselves.
I personally choose stocks because I want to earn extra income through stocks just like my dad. After all, work is included as illiquid assets. I will use part of the investment stocks as liquid assets.
Without even thinking about it, I blurted out "Why else? For the money!"
But lying in bed that night and thinking about it slowly, I felt that it was not just for money. This also made me curious about the reasons why everyone chose stocks.
Some people say: Stocks can achieve financial freedom, and you don't need to look at people's faces for money. Relying on passive income can also live nourishment. If you want to work, you can go to work. Just one word, cool!
Some people say: Just to pretend to be B. This answer is also unexpected!
Some people say: In fact, it is pure, just for money! Nothing else matters, money is money! Some people also say: I like the purity of the stock market, and it is easy to verify right and wrong. The important thing is that you don't need to look at the color of the leadership. It seems that this is also an important reason why many people choose stocks. Some people say: The current environment is not good, and assets have shrunk severely every year. Compared with bank wealth management, p2p, etc., stock trading is the best investment choice, but no matter which investment method is used, the mentality is very important.
Others said: At first it was to make money, and then it became a hobby.
Some people also say that it is to exercise themselves.
I personally choose stocks because I want to earn extra income through stocks just like my dad. After all, work is included as illiquid assets. I will use part of the investment stocks as liquid assets.
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JoeBiden
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$AMC Entertainment (AMC.US)$ CEO Adam Aron is asking Twitter users if the movie theater chain should add $Dogecoin (DOGE.CC)$ to the list of cryptocurrencies it will accept for online payments. Aron's Twitter poll garnered nearly 10,000 responses within 20 minutes of being posted, with over 70% in favor of the addition of the cryptocurrency inspired by the popular meme of a Shiba Inu dog.
Last week, Aron confirmed that $AMC Entertainment (AMC.US)$ would, by the end of this year, accept $Ethereum (ETH.CC)$ , $Bitcoin Cash (BCH.CC)$ and $Litecoin (LTC.CC)$ in addition to $Bitcoin (BTC.CC)$ for online ticket and concession payments.
Last month, AMC became the first theater chain to greenlight cryptocurrency as a payment option, which will take effect by the end of the year. However, the exclusion of the meme coin doge did not sit well with some of AMC's retail investors.
Only a handful of companies currently accept doge for payments, including Mark Cuban's Dallas Mavericks and car dealer Post Oak Motor Cars.
*Don't forget to join the "Daily Poll" and leave your vote every day. Every single vote makes better understanding, and it may one day help decide something big!
Source:
Should AMC Accept Dogecoin? CEO Adam Aron Takes Poll On Social Media
Last week, Aron confirmed that $AMC Entertainment (AMC.US)$ would, by the end of this year, accept $Ethereum (ETH.CC)$ , $Bitcoin Cash (BCH.CC)$ and $Litecoin (LTC.CC)$ in addition to $Bitcoin (BTC.CC)$ for online ticket and concession payments.
Last month, AMC became the first theater chain to greenlight cryptocurrency as a payment option, which will take effect by the end of the year. However, the exclusion of the meme coin doge did not sit well with some of AMC's retail investors.
Only a handful of companies currently accept doge for payments, including Mark Cuban's Dallas Mavericks and car dealer Post Oak Motor Cars.
*Don't forget to join the "Daily Poll" and leave your vote every day. Every single vote makes better understanding, and it may one day help decide something big!
Source:
Should AMC Accept Dogecoin? CEO Adam Aron Takes Poll On Social Media
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Seeing that many people ask questions like vxx and uvxy that the etp multiples have a smaller increase than the vix index, let me talk a little bit about my understanding.
This is because vix futures are now in a premium state. In the early stage of vix startup, those ETPs have to sell the current month futures (relatively cheap) and then buy the next month futures (relatively expensive), and there is a certain discount. That is, the headwind effect. $CBOE Volatility S&P 500 Index (.VIX.US)$ $iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $VIX Index Futures(FEB5) (VXmain.US)$
This is because vix futures are now in a premium state. In the early stage of vix startup, those ETPs have to sell the current month futures (relatively cheap) and then buy the next month futures (relatively expensive), and there is a certain discount. That is, the headwind effect. $CBOE Volatility S&P 500 Index (.VIX.US)$ $iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $VIX Index Futures(FEB5) (VXmain.US)$
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Operational highlights of the unaudited financial results for the second quarter ended June 30, 2021:
•Total revenues in the second quarter increased by 129.3% year-over-year (“YoY”) to $203.1 million, achieving triple-digit growth for six consecutive quarters.
•Non-GAAP adjusted net income was up 126.7% YoY to $ 70.9 million.
•The number of Futu users reached 15.5 million, an increase of 66.8% YoY; the number of registered clients reached 2.32 million, an increase of 142.5% YoY; the number of Futu's paying clients reached 1 million an increase of 230.2% YoY.
•During Q2, Futu’s total trading volume soared 104.3% YoY to $ 169.4 billion....
•Total revenues in the second quarter increased by 129.3% year-over-year (“YoY”) to $203.1 million, achieving triple-digit growth for six consecutive quarters.
•Non-GAAP adjusted net income was up 126.7% YoY to $ 70.9 million.
•The number of Futu users reached 15.5 million, an increase of 66.8% YoY; the number of registered clients reached 2.32 million, an increase of 142.5% YoY; the number of Futu's paying clients reached 1 million an increase of 230.2% YoY.
•During Q2, Futu’s total trading volume soared 104.3% YoY to $ 169.4 billion....
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