Coastal Financial Stock Forum

Forbes released the Global 2000 List, with Warren Buffett's $Berkshire Hathaway-A(BRK.A.US)$ overtaking $ICBC(01398.HK)$ to claim the top spot. ICBC, after nine consecutive years at the top of the list, dropped back to second place, with Saudi Arabian Oil Company (Saudi Aramco) trailing behind in third.
Companies ranked fourth to tenth in pecking order are as follows: $JPMorgan(JPM.US)$ , $Coastal Financial(CCB.US)$,  $Amazon(AMZN.US)$, ...

Hey mooers
Happy Friday! Weekly Sectors Fund Flow Board is here~
From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs!
^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows.
^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors.
^The board includes the following information: change of rankings, 3-month fund flows, how many ETFs are in the sectors, and the related ETFs.
For this week, I covered the two highest ESG score sector-related ETFs ! Now, let's take a look at the board~You may find something to diversify your porfolio
* Follow me to know what is hot on the market
Sectors Updates:
*Tech
Technology stocks were mostly higher in late trade, with the $The Technology Select Sector SPDR® Fund(XLK.US)$ Thursday rising 1% and the $PHLX Semiconductor Index(.SOX.US)$ was flat, reversing a midday slide.
In company news, $The Glimpse(VRAR.US)$ fell 8%, giving back a small mid-morning gain, after the virtual and augmented reality company announced its planned purchase of marketing agency Sector 5 Digital for $8 million upfront and up to $19 million more over the next three years.
To the upside, $Snowflake(SNOW.US)$ rose more than 15% after the data platform company late Wednesday reported a strong reports. Revenue more than doubled compared with year-ago levels, rising 109% to $334.4 million and also beating the $306.1 million Street view.
$Okta(OKTA.US)$ added almost 13% on Thursday after the cloud-identity company overnight reported above-consensus Q3 results and also narrowed its projected FY22 net loss and raised its revenue forecast for 12 months ending Jan. 31.
*FIN
Financial stocks were ending near the peak of their Thursday advance, with the $Financial Select Sector SPDR Fund(XLF.US)$ was gaining 3%.
Bitcoin was 0.3% lower at $57,116 while the yield for 10-year US Treasuries was 1.4 basis points higher at 1.448%.
In company news, $Coastal Financial(CCB.US)$ rose 4.8% after Thursday announcing a new partnership with financial technology platform LendingPoint in a deal it anticipates will reduce the bank's risk and costs of lending and expand its geographic footprint. Financial terms were not disclosed.
*Real Estates
The Philadelphia Housing Index was climbing 4.3% and the $Real Estate Select Sector Spdr Fund (The)(XLRE.US)$ was up 2.7%.
$Brixmor Property Group Inc(BRX.US)$ rose 6% after Truist Securities raised its price target for the real estate investment trust by $3 to $26 a share and reiterating its hold rating for the stock.
$Medallion Financial(MFIN.US)$ was 11.6% higher after the specialty lender said it closed on the sale of its Richard Petty Motorsports NASCAR race team to Warp Speed for $19.1 million. The company said the deal removes $26 million of intangible assets from its balance sheet and increases its tangible book value by over $1 per share.
*Health Care
Health care stocks were ending off Thursday's pace, with the NYSE Health Care Index rising 0.5% this afternoon while the $The Health Care Select Sector SPDR® Fund(XLV.US)$ also was up 0.5%.
$Biofrontera(BFRI.US)$ soared 21% after the biopharmaceuticals company said it received a US patent for its pain-reducing illumination protocol combining its Ameluz medication with RhodoLED lamp.
$Omeros(OMER.US)$ climbed 7.3% after the biopharmaceuticals company said it was selling its OMIDRIA franchise to Rayner Surgical Group in a deal valued at more than $1 billion.
*Consumer
Consumer stocks were adding to prior gains late in Thursday trading, with the $Consumer Staples Select Sector SPDR Fund(XLP.US)$ climbing 1% while the $Consumer Discretionary Select Sector SPDR Fund(XLY.US)$ was rising 1.5%.
In company news, $Duluth Holdings(DLTH.US)$ sped 18% higher after the clothier reported net income of $0.09 per share for its Q3 ended Oct. 31, triple its $0.03 per share profit last year and topping the single-analyst call expecting a GAAP loss of $0.30 per share. Net sales increased and the company also raised its FY21 earnings forecast.
$The Kroger(KR.US)$ rose over 11% after the grocery chain beat Wall Street estimates with its fiscal Q3 results and raised its FY22 earnings forecast.
*Energy
Energy stocks were racing higher this afternoon, with the NYSE Energy Sector Index climbing 3.2% while the $Energy Select Sector SPDR Fund(XLE.US)$ was up 3%. The $PHLX Oil Service Sector Index(.OSX.US)$ also was posting a 3.4% gain and the $Dow Jones U.S. Utilities Index(.DJUSUT.US)$ was ahead 1.2%.
Front-month West Texas Intermediate crude oil settled $0.93 higher at $66.50 per barrel, reversing a morning decline, while the global benchmark Brent crude contract was advancing $1.49 to $70.36 per barrel.
Source: MT Newswires

I've adjusted the portfolio.$oas(ZH0002007)$The details are as follows:
$Oasis Petroleum Inc(OAS.US.UNKNOWN)$43% -> 10%
$Oasis Midstream Partners LP(OMP.US.UNKNOWN)$9.95% -> 10%
$Coastal Financial(CCB.US)$8.86% -> 1%
$Atlantic Coastal Acquisition Corp.(ACAHU.US)$9.55% -> 10%