Added more $Visa(V.US)$ today. Will add more of it or some others if they continue to drop. Not interested in Square at these prices on a relative basis.. for the beta I'd rather add $PayPal(PYPL.US)$. $MasterCard(MA.US)$ and Visa will be 20% higher from now in who knows how long, but probably not very long; historically this is the way they've traded and this signifies one of the better buying opportunities ever in Visa if you look at the chart (only the third time it's touched the longer term trend line), and I could add countless reasons as to why. For MA, they have stronger sentiment than Visa at the moment, but it's still down probably 18% from it's high and will have similar price action. Don't like MA as much and the returns are probably less in the short-mid term but probably the same in the long term that's forseeable anyway.

A recent $Amazon(AMZN.US)$ test of a $Rivian Automotive(RIVN.US)$ electric van showed that the battery's performance is below the EV startup's claims.
According to the report, the battery drained 40% faster than usual if the van's heating or cooling was on. Rivian said in its prospectus that the all-electric delivery vans would have a range between 120 miles and 150 miles, depending on size.
Rivian shares fell 8.2% to 118.11 on Monday. RIVN stock rose 67% in the first few days after its IPO, to 129.95. But shares closed down 1% last week after a wild ride.
Among other EV stocks, China-based  $XPeng(XPEV.US)$ edged up 1.1% after briefing reclaiming a buy range intraday.  $NIO Inc(NIO.US)$surged 7.3%, while $Li Auto(LI.US)$ advanced 1.9%.
Among U.S. automakers,  $Lucid Group(LCID.US)$ reversed opening gains and dropped 8.2%,  $General Motors(GM.US)$ rose 3.7% and Ford (F) was up 5.4%. U.S.-traded shares of Germany's $VOLKSWAGEN A G(VWAGY.US)$ dipped 0.4%.
It seems that there are formidable enemies everywhere.
Do you think RIVN is ready to compete in the EV battlefield? 
Source:
Tesla Stock Rises As Musk Teases Model S Plaid In China; Battery Issue Drains Rivian Stock

$Rivian Automotive(RIVN.US)$
😭

$Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US)$ Is not a good time to buy?

$Apple(AAPL.US)$ 165

$GameStop(GME.US)$ Go go

Bernstein analyst Harshita Rawat notes that $Amazon(AMZN.US)$ would stop accepting $Visa(V.US)$  credit cards issued in the U.K. starting on January 19, 2022. At the same time, Amazon offered some affected customers £20 to incentivize them to switch to another payment method.
What Happened: The analyst pointed out that the action does not affect Visa debit cards or Visa credit/debit cards issued outside the U.K.
Rawat believes this is "clearly a show of strength by Amazon" in its likely ongoing negotiations with Visa over the cost of credit card acceptance.
The news follows surcharging announcements on Visa credit cards in Singapore and Australia a few months ago.
The overall financial impact to Visa is negligible, but the analyst does believe that this news will continue to weigh on Visa's multiple until this gets resolved. It will likely further intensify concerns regarding large merchants now potentially having greater power regarding shifting/steering volumes away from cards.
Morgan Stanley analyst James Faucette said he would be a buyer amid Visa's headline weakness related to Amazon headlines.
He thinks the conflict "mirrors" the negotiating process seen with other large merchants in the past that "usually ends in new pricing agreements."
While the process plays out, he sees minimal risk to Visa's forecasted results, added Faucette, who thinks concerns around interchange risk related to Amazon "should pass with time."
He maintains an Overweight rating and $280 price target on Visa, implying a 36.5% upside.
Barclays analyst Ramsey El-Assal said he views the move as "more of a negotiating tactic, rather than a leading indicator of more fundamental changes" to Visa's model. He also sees little P&L impact, if any, from the move.
The size of Visa's credit business in the U.K. will likely be "dwarfed" by the network's debit business, and Amazon customers can still use Visa debit cards. He has an Overweight rating on Visa shares.
Cowen analyst George Mihalos made no change to his Outperform rating on Visa. Mihalos remains constructive on Visa and $MasterCard(MA.US)$ .

$Under Armour-A(UAA.US)$ Under Armour stock is near buy range Tuesday after the athletic wear company reported third-quarter results that beat Wall Street expectations.
Estimates: FactSet analysts saw Under Armour earnings falling to 15 cents per share with sales edging up to $1.48 billion.
Results: Under Armour earnings per share unexpectedly rose 19% to 31 cents as revenue climbed 8% to $1.55 billion. North American revenue increased 8% to $1 billion.  Apparel revenue rose 14% percent to $1.1 billion while footwear sales were up 10% to $330 million.
Outlook: Under Armour sees full-year adjusted EPS of 74 cents, up from an earlier estimate of 50-52 cents. Revenue is seen rising 25%, up from a previous outlook for low twenties increase.
Nike (NKE) $Nike(NKE.US)$ shares edged up 0.9% to 167.83 early Tuesday. NKE stock is forming a cup base with a 174.48 entry.
Foot Locker $Foot Locker(FL.US)$ (FL) rallied 1.1%. FL stock is in a downtrend and pared gains at the 50-day line.

$SNDL Inc(SNDL.US)$ have a feeling this will be the next $GameStop(GME.US)$ and $AMC Entertainment(AMC.US)$  hodl !