$Society Pass (SOPA.US)$
$Tesla (TSLA.US)$
Miracle will happen again
202020
$McDonald's (MCD.US)$
$Disney (DIS.US)$
$NVIDIA (NVDA.US)$
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$Phunware (PHUN.US)$
$Microsoft (MSFT.US)$

Morningstar Ultimate Stock-Picker's Top 10
$Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$ $Comcast (CMCSA.US)$ $Microsoft (MSFT.US)$ $UnitedHealth (UNH.US)$ $Visa (V.US)$

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were lower in early morning trading Monday following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve's easy monetary policy.
- Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history.“For those wondering, I will pay over $11 billion in taxes this year,” the Tesla CEO tweeted on Monday.
Market Snapshot
Stock futures were lower in early morning trading Monday following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve's easy monetary policy.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ dropped 433 points, or 1.29%. $S&P 500 Index (.SPX.US)$ futures dipped 1.38% and $NASDAQ 100 Index (.NDX.US)$ futures declined 1.59%.
Market Temperature
Read more: Market Temperature (12/20)
Top News
Stock futures, oil prices slump on Omicron curbs
U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.
Economy week ahead: housing, consumers, inflation
Data due this week will likely show that core inflation rose at the fastest annual pace in almost four decades in November.
Businesses seek to delay tax rise that funds Biden spending plan
Honeywell, GE, Boeing and other large companies are launching a late lobbying blitz to persuade centrist Democratic senators that implementing a global minimum tax too soon would hurt U.S.-based multinationals.
Inflation adds to cost of clean energy transition
Energy companies have to spend more to build solar and wind farms for the first time in years because of cost inflation and supply-chain problems, adding a financial speed bump to the switch from fossil fuels.
Disney and YouTube reach deal, ending blackout
The agreement ends a brief blackout that began at the stroke of midnight Saturday after the carriage contract between the two companies expired. $Disney (DIS.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$
Nike buys into NFTs
$Nike (NKE.US)$ is the latest brand to jump into the emerging world of nonfungible tokens, betting sneaker collectors will want to invest in virtual footwear.
'Spider-Man: No Way Home' swoops in with a pandemic-record opening
The latest Spider-Man movie opened to $253 million at the box office this weekend, defying industry expectations. $AMC Entertainment (AMC.US)$
Read More
Adidas 'Into the Metaverse' NFT drop sells out, nets $23.5 million
Crypto attracts more money in 2021 than all previous years combined
Coach gives a little festive love with first NFT collection
ARKK is tracking the Dot-com bubble's movement
Elon Musk has an Asian twin?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

Asian stocks set for mixed start after U.S. drop
Asian stocks looked set for a mixed start Friday following a decline in U.S. shares led by the technology sector as tightening monetary policy to fight inflation buffets investor sentiment.
Australian equities edged up, while futures pointed lower for Japan and were little changed for Hong Kong. The tech-heavy $NASDAQ 100 Index (.NDX.US)$ sank the most since September, skidding on reduced appetite for more richly valued investments amid the Fed's pivot toward scaling back outsized stimulus. U.S. equity contracts wavered in early Asian trading.
Apple leads big tech lower as investors reconsider Fed moves
Megacap tech names initially saw a positive reaction to the Fed's statement on Wednesday, with investors buying up shares of $Apple (AAPL.US)$, $Microsoft (MSFT.US)$ and $NVIDIA (NVDA.US)$, among others. But those stocks came under pressure Thursday, erasing most or all of their gains.
Apple shares declined 3.9% on Thursday, with the iPhone maker retreating further from a $3 trillion market valuation as it posted its worst day since March. Among other names, Microsoft fell 2.9%, $Amazon (AMZN.US)$ slid 2.6%, and Nvidia shed 6.8%.
Melania Trump is releasing an NFT that will cost 1 SOL each
Melania Trump has become the latest celebrity to try to cash in on the craze for non-fungible tokens.
The former first lady's first NFT, called Melania's Vision, will include watercolor art that "embodies Mrs. Trump's cobalt blue eyes, providing the collector with an amulet to inspire," according to an emailed statement. It will be available from Dec. 16 to Dec. 31 for one SOL, a cryptocurrency that runs on the Solana blockchain, currently priced at $187.
A pair of teenagers helps launch ETF targeting youngest traders
An exchange-traded fund tracking U.S. companies that adhere to the values of Generation Z starts trading on Thursday.
The $THE GENERATION Z ETF (ZGEN.US)$ tracks a portfolio of "future-focused companies that align with Generation Z," according to a press release. It will trade under the ticker ZGEN and charge a fee of 0.6%, the fund's website says.
Consumer Financial Protection Bureau probing 'buy now, pay later' companies, including Affirm, Klarna
The bureau issued orders seeking information from the firms that would help it examine concerns such as the kind of role these ' buy now, pay later' plans play in increasing consumers' debt and how these companies use consumer data, the agency said.
The CFPB said the ease of getting these plans can mean consumers end up spending more than anticipated. $Affirm Holdings (AFRM.US)$ dopped 10.6% on Thursday.
Rivian shares slide after company cuts 2021 EV production expectations
$Rivian Automotive (RIVN.US)$ said it expects to fall "a few hundred vehicles short" of its 2021 production target of 1,200 vehicles. The company said it faced supply chain issues as well as challenges ramping up production of the complex batteries that power the vehicles.
The updates come alongside Rivian's first quarterly report as a public company and confirmation of plans for a new $5 billion plant in Georgia that's expected to come online in 2024.
Millennial millionaires plan to add more crypto in 2022, CNBC Millionaire Survey finds
Most millennial millionaires have the bulk of their wealth in crypto, and they're planning to add more in 2022 despite the recent price declines, according to the CNBC Millionaire Survey.
Fully 83% of millennial millionaires own cryptocurrencies, according to the survey. The crypto holdings of millennial millionaires stand in stark contrast to older generations of millionaires, and could create a new dilemma for wealth management firms and how they work with clients.
Netflix slashes India prices in battle with Amazon, Disney
$Netflix (NFLX.US)$ this week said in a blog post from India executive Monika Shergill that it is cutting its basic plan in India by 60% to 199 rupees, equivalent to $2.61, a month. Netflix also lowered prices on its least expensive plan and most expensive plan.
Despite the price cuts, Netflix is still more expensive than competitors. Netflix has some 5 million subscribers in India, according to data from consulting firm Media Partners Asia, far fewer than Amazon Prime Video's 19 million and $Disney (DIS.US)$ Disney+ Hotstar's 46 million.
Source: Bloomberg, CNBC, WSJ

Inflation leads to a slowing economy.  Companies with record profits will cut heads and compensation to expand margins, maybe it's companies this time that will drive the next downturn.
$Advanced Micro Devices (AMD.US)$ $Rivian Automotive (RIVN.US)$ $Tesla (TSLA.US)$ $Disney (DIS.US)$ $Netflix (NFLX.US)$

2021 is another year of violent volatility in the stocks markets globally just like 2020. All of us should therefore brace ourselves for a lot more in 2022 if this trend persists. China-theme Stocks are still relatively weak but I expect them to perform better in 2022 alongside US Stocks I wanted to provide some helpful technical charts, but the best chart by far(at least to me) is a chart of psychology, persuasion and perspective combined into one here:
Happy New Year 2022!
$Alibaba (BABA.US)$  $Futu Holdings Ltd (FUTU.US)$  $Futu Holdings Ltd (FUTU.US)$  $UP Fintech (TIGR.US)$  $Apple (AAPL.US)$  $NIO Inc (NIO.US)$  $Qualcomm (QCOM.US)$  $United Microelectronics (UMC.US)$  $Sea (SE.US)$  $Lucid Group (LCID.US)$  $Sono Group (SEV.US)$  $Rivian Automotive (RIVN.US)$  $JPMorgan (JPM.US)$  $Applied Materials (AMAT.US)$  $NVIDIA (NVDA.US)$  $Axon Enterprise (AXON.US)$  $Unity Software (U.US)$  $Grab Holdings (GRAB.US)$  $WeWork (WE.US)$  $Phunware (PHUN.US)$  $Digital World Acquisition Corp (DWAC.US)$  $Tuya Inc (TUYA.US)$  $Hippo Holdings (HIPO.US)$  $GOLDMAN SACHS FUTURE TECH LEADERS EQUITY ETF (GTEK.US)$  $Airbnb (ABNB.US)$  $DocuSign (DOCU.US)$  $MongoDB (MDB.US)$  $Pfizer (PFE.US)$  $Lam Research (LRCX.US)$  $Tencent (TCEHY.US)$  $Bilibili (BILI.US)$  $Snowflake (SNOW.US)$  $Micron Technology (MU.US)$  $Baidu (BIDU.US)$  $Stellantis NV (STLA.US)$  $General Motors (GM.US)$  $Ford Motor (F.US)$  $Robinhood (HOOD.US)$  $Advanced Micro Devices (AMD.US)$  $iShares Silver Trust (SLV.US)$  $ASML Holding (ASML.US)$  $Twitter (Delisted) (TWTR.US)$  $The Wendy's Co (WEN.US)$  $Bank of America (BAC.US)$  $Novavax (NVAX.US)$  $Virgin Galactic (SPCE.US)$  $BlackBerry (BB.US)$  $IBM Corp (IBM.US)$  $GE Aerospace (GE.US)$ $Nokia Oyj (NOK.US)$  $UiPath (PATH.US)$  $Roblox (RBLX.US)$  $XPeng (XPEV.US)$  $DiDi Global (Delisted) (DIDI.US)$  $Kratos Defense & Security Solutions (KTOS.US)$  $Activision Blizzard (ATVI.US)$  $ContextLogic (WISH.US)$  $SoFi Technologies (SOFI.US)$  $Etsy Inc (ETSY.US)$  $Snap Inc (SNAP.US)$  $Block (SQ.US)$  $Shopify (SHOP.US)$  $Cloudflare (NET.US)$  $Palantir (PLTR.US)$  $Taiwan Semiconductor (TSM.US)$  $PDD Holdings (PDD.US)$  $JD.com (JD.US)$  $Coinbase (COIN.US)$  $AMC Entertainment (AMC.US)$  $Disney (DIS.US)$  $Boeing (BA.US)$  $Netflix (NFLX.US)$  $Roku Inc (ROKU.US)$  $Uber Technologies (UBER.US)$  $Alphabet-A (GOOGL.US)$  $Meta Platforms (FB.US)$ 
So, you tell me what is the right way?!

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures rose early Monday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.
- Apple shares have been on a ferocious tear, up 34% year to date, leaving it less than 5% away from a $3 trillion market capitalization, a milestone never hit by any other public company. The rally includes a startling 18% spurt in just the past four weeks, a period in which the S&P 500 has improved less than 2%.
Market Snapshot
Stock futures rose early Monday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.
$Dow Jones Industrial Average (.DJI.US)$ futures traded 76 points higher, or 0.2%. $S&P 500 Index (.SPX.US)$ futures inched up 0.3% and $NASDAQ 100 Index (.NDX.US)$ futures were up 0.35%.
Market Temperature
Read more: Market Temperature (12/13)
Top News
Stock futures edge up after S&P 500 hits record
U.S. stock futures pointed to muted gains for major indexes as investors sat tight ahead of Wednesday's Federal Reserve monetary-policy decision. The Fed is expected to accelerate the paring of its bond-buying program and to signal that it will raise interest rates next year.
Inflation surge pushes U.S. real interest rates deeper into negative territory
By standing still, the Federal Reserve's policy has provided more stimulus to the economy this year.
Economy week ahead: Retail, factories, central banks
The Federal Reserve's two-day policy meeting, which wraps up Wednesday, is the highlight of this week's economic calendar.
Biden aims to win pivotal Democrat's support for $2 trillion spending plan
The backing of West Virginia Sen. Joe Manchin would be crucial for passage of social-policy and climate bill.
Pfizer boosters are effective against Omicron, Israeli study says
The findings also show that those who had their second Pfizer dose five months ago or more had little protection against the variant. $Pfizer (PFE.US)$
Sirius hires top builder of Disney+ streaming service
The satellite radio company is betting on one of streaming tech's key designers to help attract listeners beyond the car. $Sirius XM (SIRI.US)$ $Disney (DIS.US)$
Uber, Lyft drivers want more protection amid rising crime
Ride-sharing drivers are wearing bulletproof vests. Others are avoiding nights, exacerbating the ongoing labor shortage. $Uber Technologies (UBER.US)$ $Lyft Inc (LYFT.US)$
Read More
Do you want a Birkin bag that you could never touch?
PM Modi's Twitter account hacked with announcement India would adopt Bitcoin
ETF inflows top $1 trillion for first time
Will Omicron crash the global stock market?
Apple to bring nudity-detection in messages on iPhone, iPad with new update, says expert
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg, Barron's

$Grab Holdings (GRAB.US)$ 
I was as excited as most Singaporeans on this app when our home-grown brand got listed. But when I deep-dive into the company, I will likely not invest in it, at least for the short term.
Grab’s market in the South East Asia definitely has growth potential i.e. people are getting affluent, there’s an increase in digital growth etc. However, do note that Grab faces intense competition and challenges in all its businesses/services (ride-hailing, food delivery and financial services). At the moment, I don’t see very strong Moat displayed by them yet - similar to $Uber Technologies (UBER.US)$ 
1. Ride hailing - doesn’t seem like they are going to expand to countries outside South East Asia region. And this spells limited growth, at least for the short term. Furthermore, this area of business is badly impacted by the pandemic. Taxi drivers are suffering (it’s a real problem on the ground)
2. Food delivery - sales in this area did “rocket” as everyone started working from home since 2020. But Singapore, and a few other SEA countries, are too small. There is a limit to how much they can earn in this segment. Throw in Foodpanda, Deliveroo etc, their market shares will be further capped. Personally, I don’t think there is brand loyalty when it comes to food deliveries. I used Grab most of the time, but I also used the other two when there are discounts/ vouchers etc.
3. Financial services - there are so many financial institutions around. It’s going to be tough competing against the banks, and even giants like Apple $Apple (AAPL.US)$ and Google $Alphabet-A (GOOGL.US)$ for their payments services. Once again, throw in Favpay, Singtel’s Dash $Singtel (Z74.SG)$  Alipay $Alibaba (BABA.US)$ etc etc. How much pie / market shares can they capture?
Overall, the company’s financial situation isn’t fantastic. Their revenue did grow YOY, but they are not profitable yet. Things may change in 3 to 5 years’ time (expansion by the company, covid has gone etc). But for the short term, I don’t think I would invest my money in them. The dollars can be better invested into other stocks with higher growth. Would suggest to enter only when the coast is clear. Meantime, I will just remain as their consumer using their services.
Not financial advice. DYDD and invest safely.
$Grab Holdings (GRAB.US)$