Jameson C
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Bet Game
Place your Bet on AAPL's percentage change in closing after-hours price (e.g.+3%) of February 2 ET by 7:00 PM, February 2 ET. The mooer with the closest bet will win 300 points!
Lucky Draw
The 10th, 20th, 30th, 40th and so on mooers to comment will get 30 points.
Apple's Q1 FY23 Earnings Conference Call is to be hosted on February 2 ET, after the U.S. markets close! The consensus estimate for re...
Place your Bet on AAPL's percentage change in closing after-hours price (e.g.+3%) of February 2 ET by 7:00 PM, February 2 ET. The mooer with the closest bet will win 300 points!
Lucky Draw
The 10th, 20th, 30th, 40th and so on mooers to comment will get 30 points.
Apple's Q1 FY23 Earnings Conference Call is to be hosted on February 2 ET, after the U.S. markets close! The consensus estimate for re...
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Jameson C
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$Hang Seng Index (800000.HK)$ recorded a 27% increase in November, the largest monthly increase since 1998. The trend continued into early December and was further reinforced by rounds of policy easing of restrictions last week.
As China's epidemic policy is further relaxed, Wall Street's calls to buy Chinese concept stocks are getting louder.
Do you also want to share the benefits brought by emerging Chinese companies?
For ...
As China's epidemic policy is further relaxed, Wall Street's calls to buy Chinese concept stocks are getting louder.
Do you also want to share the benefits brought by emerging Chinese companies?
For ...
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I started playing stocks only in July this year. I used to think the threshold was too high and the account opening process was too troublesome, so I never really got into it. Thanks to Futu, playing stocks has become so accessible.
PS: I have lost thousands of dollars in the past few months, but it's all part of the learning process. The future is promising!
# Christmas wish, collect all the 🐮🐮 #
PS: I have lost thousands of dollars in the past few months, but it's all part of the learning process. The future is promising!
# Christmas wish, collect all the 🐮🐮 #
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Jameson C
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$UNQ HOLDINGS (02177.HK)$ Today's 10 yuan increase
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Due to the Fed's lax monetary policies, 2020 was the year when basically every stock went up. Stocks of pre-revenue companies shot to the moon in 2020, and then crashed back to earth in 2021, as evidenced in the miracle and then debacle of Cathie Wood's ARKK fund.
The Fed has announced yesterday at the FOMC meeting that they will accelerate tapering and consider three interest rate hikes in 2022, from a rate of 0.08% (right now) to about 1.00%.
Due to increasingly less liquidity in the market throughout 2022, would it be wise to start shorting garbage pre-revenue or negative-revenue companies?
Examples: $FuboTV (FUBO.US)$ , $Opendoor Technologies (OPEN.US)$ , $Virgin Galactic (SPCE.US)$ , $FuelCell Energy (FCEL.US)$ , $Uber Technologies (UBER.US)$ , $Nikola (NKLA.US)$ , $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ etc. I know some of these went down a lot already. I'm asking whether there is a high probability that they will decrease in valuations even more.
The Fed has announced yesterday at the FOMC meeting that they will accelerate tapering and consider three interest rate hikes in 2022, from a rate of 0.08% (right now) to about 1.00%.
Due to increasingly less liquidity in the market throughout 2022, would it be wise to start shorting garbage pre-revenue or negative-revenue companies?
Examples: $FuboTV (FUBO.US)$ , $Opendoor Technologies (OPEN.US)$ , $Virgin Galactic (SPCE.US)$ , $FuelCell Energy (FCEL.US)$ , $Uber Technologies (UBER.US)$ , $Nikola (NKLA.US)$ , $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ etc. I know some of these went down a lot already. I'm asking whether there is a high probability that they will decrease in valuations even more.
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$Moderna (MRNA.US)$ Vaccine maker Moderna said on Monday that its COVID-19 booster shot protected against the fast-spreading omicron strain in laboratory tests. Moderna also said that development of a vaccine for Omicron would continue and that it was expected to enter clinical trials in early 2022. Moderna shares rose more than 6.5% in pre-market trading after the announcement.
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$Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ Let me win some coffee money for 2moro Apes meat dinner.
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With current quest for clean energy and related EV demand , this may help fuel FUEL CELL share price 📈🤔
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U.S. futures rise as traders mull Powell's pivot
U.S. equity futures rose and Asian stocks looked set for a muted start Wednesday as traders weighed Federal Reserve Chair Jerome Powell's comments that officials should consider a faster removal of stimulus.
Australian shares slipped, while contracts for Japan and Hong Kong pointed to a cautious open. The $S&P 500 Index (.SPX.US)$ slumped almost 2% overnight and measures of equity volatility jumped on the prospect of tightening monetary policy. The gap between yields on 5-year and 30-year U.S. Treasuries shrunk to the least since March last year.
Powell says Fed will discuss speeding up bond-buying taper at December meeting
Federal Reserve Chairman Jerome Powell said he expects policymakers in December to discuss accelerating the timetable for the tapering of monthly bond purchases. Speaking before a Senate panel, he said tapering could wrap up "a few months sooner" than anticipated. That would open the door to interest rate hikes thereafter.
Powell also said "it's probably a good time to retire" the word "transitory" to describe inflation.
U.S. may tighten travel rules to fight Omicron, CDC head says
The agency is looking measures such as narrowing the testing window for travelers into the country and adding quarantine requirements in certain cases, CDC Director Rochelle Walensky said Tuesday on a call with reporters. It's also expanding surveillance programs at four major airports to test for Covid from specific international arrivals.
VIX options trader reaps win in 19 hours as stocks resume swoon
A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day.
About $13 million was spent last night on 65,000 December call contracts tied to the Cboe Volatility Index, with a strike price at 26. Similar volume erupted in the series this morning as the VIX jumped above 27, sending the options to as high as $3.55 after trading as low as $1.75 in the prior session.
Apple was the only tech stock that went up on Tuesday
$Apple (AAPL.US)$ stock closed up 3.1% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as a safe haven during market uncertainty. Needham analyst Laura Martin said investors turned to Apple on Tuesday because the company has prodigious cash flow, allowing it to endure any slowdowns in the economy and take advantage of falling prices.
Eco-friendly shoemaker Allbirds posts wider loss despite 33% gain in quarterly sales; shares fall
$Allbirds (BIRD.US)$ reported third-quarter revenue growth 33% from last year, while its losses widened. Co-founder and CEO Joey Zwillinger said the company saw notable strength in its stores in the United States, and shoppers responded well to new product launches. Shares fell around 6% in extended trading on the report
The company ended the quarter with 31 retail locations, including those outside the U.S.
It's not the first time Elon Musk's worried about the demise of SpaceX — he once thought it would be worth '$0'
$Tesla (TSLA.US)$ and SpaceX CEO Elon Musk sent a letter to his employees the day after Thanksgiving, in which he said the rocket company could be at "genuine risk of bankruptcy," unless it can speed up production of the Raptor engines that power its Starship rockets.
It's not SpaceX's first brush with serious financial risk: Musk has often spoken about how risky it was to launch the company in 2002, and how it nearly failed just a few years later. It's always possible that Musk is using the threat of bankruptcy as a motivational tactic for his employees. But the Raptor engines are essential to SpaceX's financial future — because the company will need its Starship rockets to launch its next genneratioon of Starlink satellites into orbit.
Facebook's executive in charge of cryptocurrency is leaving the company
David Marcus, the head of $Meta Platforms (FB.US)$ parent company Meta's cryptocurrency efforts, announced on Tuesday he will be leaving the company at the end of the year. Marcus's departure comes after the company tried and failed to launch a cryptocurrency that could be used by online users to send money to anyone in the world via Facebook products.
Source: Bloomberg, CNBC
U.S. equity futures rose and Asian stocks looked set for a muted start Wednesday as traders weighed Federal Reserve Chair Jerome Powell's comments that officials should consider a faster removal of stimulus.
Australian shares slipped, while contracts for Japan and Hong Kong pointed to a cautious open. The $S&P 500 Index (.SPX.US)$ slumped almost 2% overnight and measures of equity volatility jumped on the prospect of tightening monetary policy. The gap between yields on 5-year and 30-year U.S. Treasuries shrunk to the least since March last year.
Powell says Fed will discuss speeding up bond-buying taper at December meeting
Federal Reserve Chairman Jerome Powell said he expects policymakers in December to discuss accelerating the timetable for the tapering of monthly bond purchases. Speaking before a Senate panel, he said tapering could wrap up "a few months sooner" than anticipated. That would open the door to interest rate hikes thereafter.
Powell also said "it's probably a good time to retire" the word "transitory" to describe inflation.
U.S. may tighten travel rules to fight Omicron, CDC head says
The agency is looking measures such as narrowing the testing window for travelers into the country and adding quarantine requirements in certain cases, CDC Director Rochelle Walensky said Tuesday on a call with reporters. It's also expanding surveillance programs at four major airports to test for Covid from specific international arrivals.
VIX options trader reaps win in 19 hours as stocks resume swoon
A sizable bet that equity market volatility would worsen appears to have turned a tidy profit in less than a day.
About $13 million was spent last night on 65,000 December call contracts tied to the Cboe Volatility Index, with a strike price at 26. Similar volume erupted in the series this morning as the VIX jumped above 27, sending the options to as high as $3.55 after trading as low as $1.75 in the prior session.
Apple was the only tech stock that went up on Tuesday
$Apple (AAPL.US)$ stock closed up 3.1% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as a safe haven during market uncertainty. Needham analyst Laura Martin said investors turned to Apple on Tuesday because the company has prodigious cash flow, allowing it to endure any slowdowns in the economy and take advantage of falling prices.
Eco-friendly shoemaker Allbirds posts wider loss despite 33% gain in quarterly sales; shares fall
$Allbirds (BIRD.US)$ reported third-quarter revenue growth 33% from last year, while its losses widened. Co-founder and CEO Joey Zwillinger said the company saw notable strength in its stores in the United States, and shoppers responded well to new product launches. Shares fell around 6% in extended trading on the report
The company ended the quarter with 31 retail locations, including those outside the U.S.
It's not the first time Elon Musk's worried about the demise of SpaceX — he once thought it would be worth '$0'
$Tesla (TSLA.US)$ and SpaceX CEO Elon Musk sent a letter to his employees the day after Thanksgiving, in which he said the rocket company could be at "genuine risk of bankruptcy," unless it can speed up production of the Raptor engines that power its Starship rockets.
It's not SpaceX's first brush with serious financial risk: Musk has often spoken about how risky it was to launch the company in 2002, and how it nearly failed just a few years later. It's always possible that Musk is using the threat of bankruptcy as a motivational tactic for his employees. But the Raptor engines are essential to SpaceX's financial future — because the company will need its Starship rockets to launch its next genneratioon of Starlink satellites into orbit.
Facebook's executive in charge of cryptocurrency is leaving the company
David Marcus, the head of $Meta Platforms (FB.US)$ parent company Meta's cryptocurrency efforts, announced on Tuesday he will be leaving the company at the end of the year. Marcus's departure comes after the company tried and failed to launch a cryptocurrency that could be used by online users to send money to anyone in the world via Facebook products.
Source: Bloomberg, CNBC
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Jameson C
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$GlobalFoundries (GFS.US)$ This is it. No matter how the post-market financial reports of your GF are, Wall Street doesn't want to bet because you've already risen by 50%. There have been very few IPOs that have risen this much in the past few years.
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Jameson C : +1.8%