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keepingit100 Male ID: 71726171
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    2021 is an unusual year for the stock market. Despite the worry of inflation and pandemic, the US stock market is on its longest bull-run in history. Kicked off with the mania of WSB, the market keeps heading north and ends at nearly all-time highs.
    Event 1: WSB Beat Hedge Funds
    Date: Jan 2021
    At the beginning of this year, a group of millennials revolved around $GameStop (GME.US)$, a retail company that struggled with selling video games, to fight against hedge funds. After WallStreetBets pumped GameStop's stock price to unprecedented heights, some institutional investors who shorted the company's stocks almost bankrupted. Following the rule of "Go big or go home", WSB turned to other "meme stocks" such as $AMC Entertainment (AMC.US)$ , whose stock price soared by 455% in Q2.
    Mooer's takeaways: What makes you profit or lose from the market?
    @GT1982 shared two lingos in particular:
    1) DYODD
    Do your own due diligence as always. To summarise this, it means never copy or act on an investment idea based on hearsay without studying the company first.
    2) FOMO.
    Fear of missing out. Many investors, new and veteran alike, are guilty of this. Very often this leads to a painful loss. In short, do not chase a stock just because many are doing it. Study the company fundamentals first which essentially is related to lingo No. 1.
    View More>>
    Event 2: Global Chip Shortages
    Date: May 2021
    The global shortage of microchips has become a severe problem in 2021. The gap between insufficient supply and surging demand causes dilemmas for companies desperate for chips. Semiconductors are necessary for cars, PCs, smartphones, etc. Manufacturers of these products are facing an unprecedented situation. However, a crisis for one could be an opportunity for another. Since the market crashed in March 2020, the $PHLX Semiconductor Index(.SOX.US)$ has more than doubled.
    Mooer's takeaways: What is the "DNA" of technology
    @HuatLady said:
    In this millennium, our reliance on the use of semiconductor for technological advances is undisputed worldwide. Automobiles, smartphones, home appliances and wireless networks depend heavily on the use of semiconductors. This is what "makes the world goes round", and is the "DNA" of technology.
    The key challenges are:
    1) The inability to meet the market's demands. Since 2019, there is an acute shortage of chips' supply globally. These high demands for chips may stretch into 2023. This will incur a 27% loss if there is a 3 months' delay in manufacturing.
    2) Hence the cost of manufacturing may not meet planned budget. After weighing through both the positive and negative aspects of semiconductor investment, I opt to follow my heart and favours the trading of quality semiconductor shares as a long term investment.
    View More>>
    Event 3: S&P 500 Doubled amid a Pandemic Dip
    Date: Aug2021
    In August 2021, the $S&P 500 Index (.SPX.US)$ rallied 100% from the pandemic dip since March 2020, becoming another milestone for the US stock market.
    Mooer's takeaways: How to invest at a market high?
    @Dadacai said:
    There is a possibility of market correction and funds being stuck when investing during market highs so my approaches are as follows:
    1) Choose stocks I have confidence in and don't mind holding for the long term.
    2) Split the purchases into 3 or more lots at different timings to average out the cost.
    3) For intraday trading, choose stocks which have a high volume of trading and set a stop loss.
    4) Don't invest what I cannot afford to lose.
    View More>>
    Event 4: Metaverse, the Next Generation of the Internet
    Date: Oct 2021
    Metaverse is regarded as the next generation of the Internet by some institutions. It's a can't-miss concept in 2021 that may lead to an investing buzz in the next decade. To attract market attention, tech giants have laid out their versions of the metaverse. On October 28, Facebook $Meta Platforms (FB.US)$ officially changed its corporate name to Meta as part of a major rebrand, shaking off the social media by launching new strategies to go "all in" to the metaverse.
    Mooer's takeaways: Are Metaverse and playing games with VR the same?
    @NANA123 said:
    The reason why people distinguish the virtual world from the real world is because the virtual world generated by the platform-style Internet at this stage cannot carry people's asset rights and social identity. The identity achievements and assets acquired by people in the virtual world are in the hands of platform operators. If the operator chooses to close the platform or close the account forcefully, everything you've gained on the platform goes up in smoke. However, the rapid development of blockchain technology in recent years has derived a decentralized Internet form, which effectively guarantees the transparency and certainty of the virtual world rules generated under this form.
    View More>>
    Event 5: EV Mania
    Date: Nov2021
    On October 21, $Tesla (TSLA.US)$ released the 2021 Q3 earnings that beat the market's expectations. Its stock price increased by 22% in a week. When Tesla's stock price hit a record high of 1243.49 dollars, the shareholders started to buckle up. Meanwhile, other EV stocks were also growing fast. Rivian, a rival of Tesla, saw its price soared by 120% five trading days after it got listed. Lucid also yielded good results.
    Mooer's takeaways: How much risk are you comfortable with?
    @HopeAlways said:
    The stock market appears to be giving incredibly high valuations to EV stocks, whether the companies have proven themselves effective manufacturers or not. As with the EV stocks, there will be winners and losers, and these investments seem to belong to the more speculative portion of a stock portfolio. Understanding individual risk tolerance level is an important step in determining which EV stock is suitable for investors.
    View More>>
    Which event do you like the most? Does any of the events above ring the bell?
    Feel free to leave your comments below!
    Click for More>>
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
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    keepingit100 reacted to
    Elon Musk doesn't think his tweets have the power to move markets.
    In an interview on Monday, Musk discussed his $Twitter (Delisted) (TWTR.US)$ habit, a pastime that makes him easily the most famous CEO on the planet and probably the most adored and most criticized in equal measure.
    Markets move themselves all the time, based on nothing as far as I can tell. So the statements that I make, are they materially different from random movements of the stock that might happen anyway? I don't think so.
    —— Musk told Time.
    However, there are several examples of $Tesla (TSLA.US)$'s stock moving following a Musk tweet.
    In 2018, Musk faced the ire of the SEC over a tweet claiming he had "funding secured" to take Tesla private at $420 per share — the share price being a drug reference and a joke to impress his then-girlfriend, Grimes. The tweet sent Tesla's share price skyrocketing 14%.
    In 2020, Musk tweeted that he thought Tesla's stock price was "too high," shares of the automaker dropped by about 9%.
    Last month, Tesla shares dipped after Musk tweeted that the company hadn't yet signed a deal with Hertz, despite the car-rental firm announcing it had ordered 100,000 Tesla Model 3 sedans, the largest-ever electric vehicle purchase.
    Also last month, Tesla dropped 7% after Musk asked his Twitter followers whether he should sell 10% of his Tesla stock — 3.5 million people voted in the poll in 24 hours.
    Source: businessinsider
    Elon Musk thinks investors should pay less attention to his tweets
    Elon Musk thinks investors should pay less attention to his tweets
    Elon Musk thinks investors should pay less attention to his tweets
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    $Bitcoin (BTC.CC)$ $Dogecoin (DOGE.CC)$ $Ethereum (ETH.CC)$ $Coinbase (COIN.US)$ Cryptocurrency mining has risen in popularity in recent times, given the massive interest from regular folks.
    However, as more people are trooping in to join the crypto mining network, does that make it any easy for someone without prior knowledge in the crypto space?
    What is Crypto Mining?
    In the absence of the jargon terminologies, crypto mining in simple terms refers to the process by which a new digital asset (say Bitcoin, for instance) is being injected into circulation. Likewise, crypto mining could also mean the process by which new crypto transactions are validated within a blockchain by the network nodes or validators.
    How does mining work?
    Mining can be performed using different approaches including cloud mining, CPU mining, GPU mining and ASIC mining. However, while these approaches employ different mechanisms and facilities, they all achieve the same purpose.
    Notably, a miner deploys different computational machines (as listed above) to solve complex mathematical equations using cryptographic hashes.
    How easy is it to mine cryptocurrency?
    Contrary to the general opinion, mining is not rocket science, and it’s not only reserved for developers or people with software development skills alone. On the other hand, anyone can become a miner, provided that you are willing to acquire basic crypto knowledge.
    Part of the content is taken from Yahoo.
    1
    Neuralink, cofounded by Musk in 2016, is developing a chip that would be implanted in people's brains to simultaneously record and stimulate brain activity. It is intended to have medical applications such as treating serious spinal cord injuries and neurological disorders.
    Neuralink hopes to have their first implant devices in humans by 2022, pending FDA approval, Elon Musk said in an interview with the Wall Street Journal, hoping they could restore full-body functionality to quadriplegics.
    On Twitter, the billionaire entrepreneur clarified that "I am definitely not saying that we can for sure do this, but I am increasingly confident that this is possible."
    Neuralink made waves in the spring of 2021 when a video of a monkey implanted with a Neuralink implant was seen playing a video game telepathically.
    Neuralink's working well in monkeys and we're actually doing just a lot of testing and just confirming that it's very safe and reliable and the Neuralink device can be removed safely. We hope to have this in our first humans — which will be people that have severe spinal cord injuries like tetraplegics, quadriplegics — next year, pending FDA approval."
    —— Musk said.
    Mooers, do you think whether the Neuralink's brain chips could be successfully implanted in humans in 2022? Will you accept such brain implants?
    Source: THEJERUSALEM POST, INSIDER
    Musk: Neuralink implants could be in humans by 2022, what do you think?
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    $Palantir (PLTR.US)$
    Is in the green. But will this last?
    As usual, DCA is the best strategy in the long run.
    $ARK Innovation ETF (ARKK.US)$
    Bouncing back strong!