LiveForTheMoment
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Stocks rocket back to finish higher after deep slump
Major U.S. stock indexes registered a comeback for the ages on Monday, storming to a higher close after the $Dow Jones Industrial Average (.DJI.US)$ were down more than 1,100 points at midday.
Just after noon, the Dow was off 3.25% and the $Nasdaq Composite Index (.IXIC.US)$ had dropped 4.9%. The declines extended the losses that have hammered a once-buoyant market this mont...
Major U.S. stock indexes registered a comeback for the ages on Monday, storming to a higher close after the $Dow Jones Industrial Average (.DJI.US)$ were down more than 1,100 points at midday.
Just after noon, the Dow was off 3.25% and the $Nasdaq Composite Index (.IXIC.US)$ had dropped 4.9%. The declines extended the losses that have hammered a once-buoyant market this mont...
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Share buyback will reduce the company's total number of shares outstanding and the total amount of cash on the company's balance sheet. In general, share buyback tends to increase the price of the stock not only due to the reduced supply of shares but also the buyback will boost earnings per share and drive down the price-to-earnings ratio, a key benchmark investors use to value a company. If the company has strong cashflow and its shares are undervalued, share buyback can be a good way to reward shareholders. With the US market $Dow Jones Industrial Average (.DJI.US)$, $Nasdaq Composite Index (.IXIC.US)$, $S&P 500 Index (.SPX.US)$ hitting record highs this year, share buyback by global giant companies $Alphabet-A (GOOGL.US)$, $Apple (AAPL.US)$, $Bank of America (BAC.US)$ , $Meta Platforms (FB.US)$, $JPMorgan (JPM.US)$, $McDonald's (MCD.US)$, $Microsoft (MSFT.US)$, $Netflix (NFLX.US)$, often cited as a key support for US stocks could lift investor hopes by driving the market even higher. The main drivers of the share buyback are excess cash on balance sheets and positive sentiment on the back of healthy financial performance. While companies buying back their own shares can support higher stock prices , they run the risk of overvaluing stocks. Investors should proceed carefully if the buyback seems to be motivated by the management's desire to improve its valuation metrics rather than returning value to shareholders. Companies that use buyback to give the impression of rapid growth in earnings per share may not be worth investing in. Among the companies participating in share buyback, I am most bullish on $Apple (AAPL.US)$, one of Warren Buffett's all time favourite stocks. Its strong brand and innovative design expertise has allowed $Apple (AAPL.US)$ to build one of the most loyal customer bases in the world and generate earnings that beat its competitors in the mobile computing market. Not only that , $Apple (AAPL.US)$ has used its dominant position in mobile to build a largely profitable software ecosystem. Even better, $Apple (AAPL.US)$ pays consistently higher dividend and shareholders can anticipate a huge payout growth in the long term.
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$SNDL Inc (SNDL.US)$ I really enjoyed our enthusiasm going into yesterday, ready to head into space, thanx
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LiveForTheMoment
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A= $AMC Entertainment (AMC.US)$
B= $Vinco Ventures (BBIG.US)$
C= $Venus Concept (VERO.US)$
D= $DiDi Global (Delisted) (DIDI.US)$
GOGOGO FLY FLY FLY
B= $Vinco Ventures (BBIG.US)$
C= $Venus Concept (VERO.US)$
D= $DiDi Global (Delisted) (DIDI.US)$
GOGOGO FLY FLY FLY
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LiveForTheMoment
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$DiDi Global (Delisted) (DIDI.US)$ hope everyone reloaded when it drop to atl yesterday!
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LiveForTheMoment
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$DiDi Global (Delisted) (DIDI.US)$ they're not letting it go close to 11 if you go to 11 or lower watch out we're going to be buying the dip
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$SNDL Inc (SNDL.US)$ buy more this can hit 1.3 soon
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LiveForTheMoment : Dead cat bounce