• Breaking News

    Tuesday, March 2, 2021

    Stock Market - Good news from NIO; but there are some who want you to think otherwise.

    Stock Market - Good news from NIO; but there are some who want you to think otherwise.


    Good news from NIO; but there are some who want you to think otherwise.

    Posted: 02 Mar 2021 07:06 PM PST

    Hey everyone,

    So we recently got NIO's 2020 Q4 and full year financial results. Some highlights include:

    1. $2.5 billion reached for annual revenue
    2. Gross margins grew to 17.2%
    3. Positive full year operating cash flow
    4. $6.5 billion in the war chest as of 31st of December 2020
    5. Q1 deliveries expected to be above 20,000 EVs

    Overall, NIO has shown amazing improvements; they've definitely come a long way, and to anyone who can look at the results honestly, it's evident that NIO will be much higher in the future. One of the reasons I say this is because of what we're seeing from the media trying to spin this situation negatively; and while it is true that anxiety regarding semiconductors and batteries can limit NIO's production, from the information we have, it doesn't appear it will have much of an effect.

    In the earnings call, NIO's CEO Willie Li Bin (NIOgang's homeboy) said that NIO will be producing 7,500 EVs in the second quarter 2021 until July wherein the production capacity will increase to 12,500--meaning an annual 150,000 EV production; it's also knows that this will potentially double again to 300,000 in 2022--meaning 25,000 NIO EVs produced a month.

    It should also be knows that yes NIO's deliveries were down in February, but this is due to the Lunar new year holiday; literally people were not at work. But interestingly, NIO delivered 5,578 in February, beatings Xpeng's 2,223.

    If you go to some of the forums like Stocktwits or Twitter, there's bears/shorts deliberately trying to scare people to sell--as if what's written above is bad news. Here's the link for the 'bad news' these fearmongers are dragging out.

    Take the supposed EPS miss by NIO: as the analyst Edison Yu points out, the EPS miss is misleading because it was actually due to the FX loss (the weak USD hurting NIO's cash balance). Basically not NIO's fault. Here's the link to his statement.

    The fact that NIO is ramping up production (remember that even at 7,500 this is more than their monthly deliveries in 2020); the fact that NIO has openly said they're entering Europe in H2 (link); the fact they have $6.5 billion now; the fact that production will be 12,500 from July, and 25,000 in 2022--all of these show how much of a winner NIO is, and why NIOgang will stay strong.

    But watching all the negativity, it definitely reminds me of last year around this time, before NIO went up over 1,000%. I think it could happen again. I think about it while I'm at work; and I remember that it was Reddit where I first found NIO, and NIOgang

    We've gotten fantastic news recently; don't let the haters drag us down.

    I like the stock.

    submitted by /u/the_mirror_viewer01
    [link] [comments]

    Simple Rules for the New Day Trader in a Volatile Market

    Posted: 02 Mar 2021 04:43 AM PST

    The market is behaving erratically and the volatility can catch many new traders off guard. If you're actively trading throughout the day and you seem to be losing more than your gains, then step back and follow these basic rules to safely navigate the current market.

    1. Only trade stocks that are above the 200 SMA on all timeframes, and above the 20 and 50 SMA on the 5 minute timeframe.
    2. Only trade stocks that are above the 50 EMA on the 1 Hour timeframe.
    3. Only trade stocks that are above the 40 RSI on all timeframe, and above the 50 RSI on the 1 Day timeframe.
    4. Do not trade before 9:35 AM EST. If you're absolutely new to day trading, then wait until 10:30 AM or later to trade. Use the time to observe the market and feel how it's behaving using the SPY.
    5. Only trade stocks above the VWAP.

    Here are a few rules regarding risk management and position sizing:

    1. Only trade stocks after you determine the stop loss (SL).
    2. Take profit when the price hits X * (ENTRY - SL) + ENTRY, where X is 2 or higher. This is the Reward part of the Risk/Reward.
    3. Do not lose more than your 1% of your trading capital, if the stock hits your stop loss.
    4. Determine the amount of shares you should by based on the 1% rule using the following formula:

    Amount of Shares = 1% (or less) of Capital / (Entry - SL)

    I've created a free, open source risk management script on TradingView to help traders automate the position sizing part of the risk management strategy.

    Good luck and be safe in these trying markets.

    submitted by /u/TheDrivenTrader
    [link] [comments]

    They Took Me Down.. Repost...

    Posted: 02 Mar 2021 06:41 PM PST

    Here is a Market Recap for today, Tuesday, March 2, 2021. Please enjoy!

    Posted: 02 Mar 2021 01:45 PM PST

    PsychoMarket Recap - Tuesday, March 2, 2021

    Stocks retreated on Tuesday, pulling back after rallying yesterday, underscoring how volatile the market is right now. Market participants continue to focus on the Treasury yields, a new coronavirus vaccine from Johnson & Johnson (JNJ), and additional stimulus from Washington.

    The yield on the 10-year Treasury yield retreated to hover below 1.45% after spiking to a one-year high of 1.61% last week. The swift rise in interest rates last week spooked equity investors last week, with rates reflecting inflationary fears and impacting both corporate and consumer borrowing costs. Last week, during his testimony to Congress, Chair of the Federal Reserve Jerome Powell tried to temper fears over higher rates and inflationary pressures. He said, rising Treasury yields are a statement of confidence on the part of markets that we'll have a robust and ultimately complete [economic] recovery." Central Bank officials from the United Kingdom and Australia echoed Powell's sentiments and committed to maintaining accommodative fiscal policies.

    Over the weekend, the US Food and Drug Administration (FDA) granted emergency use authorization to Johnson & Johnson's (JNJ) single-dose coronavirus vaccine, making it the third vaccine approved in the US. The company has already begun shipping its COVID-19 vaccine and expects to deliver more than 100 million doses of the single-shot vaccines during the first half of 2021, including more than 20 million by the end of March.

    In Washington D.C., Senate Majority Leader Chuck Schumer said the Senate is scheduled to begin debating the $1.9 trillion stimulus bill that the House of Representatives recently passed this week, though he did not specify when a vote would be held.

    Highlights

    • Rocket Mortgage (RKT) soared over 70% today, sending the stock to record highs and continuing a dizzying rally in the last few days. Shares were even halted at one point today. In a note to clients, S3 Analytics said, "RKT's stock price and short selling activity is reminiscent of another recent high flying meme stock – GameStop Inc (GME). Both stocks saw their share price spike due to high retail buying interest (predominantly due to significant social media activity) and an options based gamma squeeze. Both stocks also had/have relatively high short interest and high stock borrow rates which imply strong short-selling demand and limited stock borrow supply."
    • After posting strong earnings and rising more than 8% after-hours yesterday, Zoom's (ZM) stock price cratered today, with the stock going from 8% up to more than 9% down in today's session.
    • After posting disappointing earnings, NIO's stock also cratered today, falling more than 12% in today's session.
    • After the recent controversies, Alibaba (BABA) co-founder Jack MA is now the fourth richest person in China, falling from first place.
    • In a memo to employees, Ant Group's executive chairman Eric Jing said an IPO was still in the cards.
    • Vizio Holdings, a maker of smart TVs, has filed for an IPO. The company has sold 82.2 million televisions and 11.8 million sound bars since its founding in 2002, the prospectus said.
    • *Please note current stock prices were written in the morning pre-market and do not reflect intraday volatility.
    • C3 AI (AI) target raised by Needham & Co from $193 to $195 at Buy. Stock currently around $121
    • Broadcom (AVGO) target raised by Credit Suisse from $480 to $580 at Outperform. Stock currently around $490
    • Biohaven Pharma (BHVN) target raised by Mizuho from $93 to $103 at Buy. Stock currently around $86
    • Catalent (CTLT) target raised by Argus from $130 to $140 at Buy. Stock currently around $116
    • Intuit (INTU) with a host of target raises. Consensus price target around $450 at Buy. Stock currently around $406
    • Jazz Pharma (JAZZ) target raised by Piper Sandler frm $175 to $205 at Overweight. Stock currently around $169
    • Logitech (LOGI) target raised by Morgan Stanley from $116 to $122 at Overweight. Stock currently around $107.50
    • Oshkosh (OSK) with two target raises. Stock currently around $110.
      • Citigroup from $100 to $130 at Buy
      • Raymond James from $100 to $125 at Outperform
    • Palo Alto Networks (PANW) with two target raises. Stock currently around $367
      • Mizuho from $450 to $475 at Buy
      • Argus from $410 to $440 at Buy
    • Snapchat (SNAP) with a host of target raises. Consensus price target around $80 at Buy. Stock currently around $67
    • Square (SQ) with a host of target raises. Consensus price target around $300 at Buy. Stock currently around $241
    • Sarepta Therapeutics (SRPT) target raised by SVB Leerink from $125 to $126 at Outperform. Stock currently around $87
    • Workday (WDAY) target raised by Jefferies Financial from $280 to $325 at Buy. Stock currently around $252

    "The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses." - Warren Buffet

    submitted by /u/psychotrader00
    [link] [comments]

    My Watchlist For 3/3/2021

    Posted: 02 Mar 2021 05:11 PM PST

    Help me to understand why my puts have changed in price so drastically despite the underlying returning to roughly the same price, and being only two trading days apart (not time decay, IV?) can the price increase from here? please help

    Posted: 02 Mar 2021 04:01 PM PST

    MRVI afterhours is booming after a earnings conference call with investors

    Posted: 02 Mar 2021 03:13 PM PST

    ONTX and a potential Bull Flag

    Posted: 02 Mar 2021 08:24 PM PST

    VACQ Rocket Lab: Poorman’s SpaceX

    Posted: 02 Mar 2021 01:20 PM PST

    If you didn't read into the news, company deck and analysis out there, here is the TL:DR DD

    TAM - Forecasted to be 1.4T in 2030 - Next frontier, unforeseen TAM expansion (think trying to forecast the internet during the early days)

    Backers - Solid names like Blackrock and Lockeed - High probability ARK will add to multiple ETFs - High demand for SpaceX investing but can't, this is next best thing for private and public investors

    Revenue growth - Easily beat 2021 forecast, already 90% booked - Government (not just US) spending only increasing YoY - Space Startups increasing, private customer base increasing - Satellites as a service as a new business model, unlocking a new customer segment, already picking up traction

    CEO - Does actual rocket engineering like Elon - Guy is a genius, multiple records and awards - Unlike Elon, his only focus on RL - Better accent, bigger belly

    Moat - Vertically integrated entire Rocket and Satellite manufacturing process - Already becoming a supplier for component ingredients
    - Patents build up of 3D printed rocket engine designs, battery integration, etc. - Private, government back launch sites dedicated to RL

    Brand - Proven track record - Multiple government contracts - Recognized by Elon on multiple occasions - Supportive community - Best logo

    Competition - Only 2 companies consistently making it to orbit and launching at a regular cadence: SpaceX and RL - SpaceX dead set focused on Mars colony with Starship, (retired F1, likely F9) leaving Small and eventually midsize launch market to RL to dominate - Everyone else either is showing no results, and/or struggling with failures, delays and change in management

    Short term catalysts - Moon mission is going to make waves - If/when ARK adds shares - Public launch viewership & news (up to 120 launches a year) will now have a publicly traded ticker attached

    submitted by /u/BIGJAYsmalljay
    [link] [comments]

    Housing Market

    Posted: 02 Mar 2021 07:38 PM PST

    Which stocks would one buy if they think the housing market will fail again around 22' - 23'. - - Home valuations are currently extremely high - New homes are being build with materials costing 3-4X and the homes are being mortgages and often sold 10-20% over asking. - Refinancing is a click away. Rocket labs just booked 107 billion in online refi and mortgages. - Drive by appraisals for refi are the norm. - In a few years home values will correct. What happens when you own a home that you are upside down in? Well in 2008 they walked away. Now I'm not saying this will happen. I'm asking if you thought it might, what would you do?

    submitted by /u/Routine_Confusion472
    [link] [comments]

    Planet 13 - The Cannabis Superstore —> Expanding the ‘Experience’ ($PLNHF)

    Posted: 02 Mar 2021 07:31 PM PST

    WORLDS LARGEST CANNABIS DISPENSARY

    In 2018, Planet 13 Holdings (CSE: PLTH) (OTCQB: $PLNHF) was just launching its Nevada superstore. Now, the Las Vegas store has become an entertainment complex, and the company is preparing to bring a superstore to California.

    Planet 13 has approximately 10 percent market share in Nevada with just one store. Its superstore has evolved into an entertainment complex with a dispensary, restaurant, event center and over-the-top special effects. The Planet 13 sign, backed by an 18-foot red sphere, has become one of the most photographed signs in Las Vegas.

    Inside, the superstore's grand hallway takes visitors past a wall of glass where they can see into 3,500 square feet of Planet 13's production facility. To add even more to the entertainment experience, the company is planning to bring two robots that will help load products and engage in a choreographed sword fight.

    The Planet 13 Superstore is more than a destination, it is an unforgettable...

    Experience

    GIANT INTERACTIVE LOTUS FLOWERS

    As guests approach the complex they are greeted by 13, 15-foot-tall LED lotus flowers on the roof of the building. Made of acrylic leaves and metal stems, the lotus flowers can be controlled by visitors, making them an interactive piece of art.

    PLANET WATER FEATURE

    The 18-foot outdoor water feature uses vibrant LED lights with fog to create a glowing effect which can be seen from the 65,000 hotel rooms that look directly onto the Superstore location.

    AERIAL ORB SHOW

    The attractions continue once guests move inside the main portion of the complex where they'll view a recurring, glowing aerial orb show high above the dispensary floor.

    LED INTERACTIVE FLOOR

    As visitors approach the grand hallway, they are greeted by a sensory activated Interactive LED Floor. With many different displays and interactive variants, this creates an experience like no other.

    3D PROJECTION VISUAL

    The 3D Projection Visual Experience mesmerizes guests by projecting 3D visuals onto the ceiling in the dispensary.

    LASER ART

    Visitors get to leave their mark when they interact with the laser graffiti, allowing them to create unique writings and drawings.

    Expansion

    On Feb. 2nd, 2021, Planet 13 Raised C$69 Million Selling Units at C$7 after Selling Units at C$7 to Raise C$50 Million on Jan, 12th 2021.

    The net proceeds from the Offering will be used for potential acquisitions for purposes of retail, cultivation and production expansion outside of Nevada, as well as general corporate and other working capital purposes.

    CALIFORNIA

    Planet 13 offered $6 million in cash and $4 million in stock for the Santa Ana acquisition. After the cancellation and renegotiation, the deal is now for a total of $5 million, with $1 million being in cash.

    The California site is 55,000 square feet with 40,000 square feet already built. It is in close proximity to the largest mall in Southern California, Disneyland and popular beaches. This superstore will also include a dispensary and production space. The dispensary will be approximately 14,000 square feet and include special effects, though geared toward the California community rather than exactly mimicking the Las Vegas superstore. Due to current events, the launch of that superstore will likely be in the first quarter of next year.

    With completion expected near the middle of 2021. Additional pictures of the Orange County SuperStore are available here

    "We are pleased to announce the completion of a major milestone - the receipt of final permits and the start of construction of our first dispensary in the Golden State - the Orange County SuperStore. The combination of our exhaustive design process, attention to detail, and deep focus on customer experience will make it a truly exceptional experiential space for California's discerning cannabis consumers," said Larry Scheffler Co-CEO of Planet 13. "We are excited about embarking on our first out-of-state expansion and look forward to bringing the unique Planet 13 customer experience to California."

    Beyond California, Planet 13 is considering states like Michigan, Illinois, Massachusetts, Arizona and Florida. Whether it will move into additional markets via acquisition or organic means will depend on the situation. The company has found promising locations in Miami and Boston, but it will need licenses there.

    Products/Merchandise

    COVID 19/DELIVERIES

    Curbside Pick-up + Delivery now available from 9:00am-12:00am. In-store shopping now available from 9:00am-1:00am. Our services offers the widest variety of cannabis products in the world.

    In response to COVID-19, Nevada's cannabis market has transitioned to delivery-only. The Strip is closed and eerily empty of tourists. So, Planet 13 has pivoted to target local consumers. Previously, the company's consumer base was only made up of only 14 percent locals–dispensaries further from the heavily trafficked Strip were more accessible. But, delivery has now allowed the company to target the local market.

    Planet 13 had begun transitioning from a third-party delivery partner to in-house delivery in September. Now, it has 29 vehicles and 77 drivers. Over the next 10 or so days, the company will be hiring another 21 additional drivers. It has retrained budtenders to become drivers and moved people from the production facility to help handle the fulfillment of delivery orders.

    Right now, the company is doing 700 to 800 deliveries per day. It has been hitting $80,000 to $100,000 per day, but it expects to achieve $200,000 per day with about 100 drivers and 29 vehicles working around the clock.

    Recent Financials

    HIGHLIGHT - Q3 2020 Revenue of $22.8 million; Adjusted EBITDA of $6.2 million

    Larry Scheffler, Co-CEO of Planet 13 said, "Our performance in the third quarter exceeded expectations – leading to our highest quarter of sales ever. Despite being impacted by the ongoing global pandemic and our Las Vegas SuperStore only at 50% capacity, we achieved 36% higher revenue compared to pre-COVID quarters."

    This is a testament to the strength of Planet 13's business model and the success of the operational improvements they put in place to ensure their ability to serve local customers. As Las Vegas returns to normal and the economy recovers, they will undertake further strategic initiatives to grow revenue at the SuperStore and increase their sales to local customers in Las Vegas.

    Conclusion

    Before the stay-at-home order came down, Planet 13 had added 15 cash registers, taking the total to almost 50, to handle the volume of consumers in its superstore. The company has only been serving about 3 percent of the tourists in Las Vegas, which means there is significant room for growth.

    As the COVID 19 traveling restrictions ease, Planet 13 will benefit tremendously as tourist flock back to sin city. Furthermore, expansion initiatives to bring this cannabis "experience" to other tourist destinations will allow Planet 13 to flourish. (Not to mention, catalysts such as, US legalization of cannabis)

    Initial PT —> 10usd

    VWAP indicating bullish momentum, with impressive bullflag forming on the monthly. In my opinion, there is a close battle going on between bulls & bears, as we sit neutral.. not oversold, not overbought. Strong support ~7.02usd. (anything under 7 is a STRONG buy)

    I strongly encourage everyone everyone to deepdive the management here and come to your own conclusion. In my opinion, Planet 13 sells a cannabis experience that is poised for significant growth, as Americans plan their next vacation.. perhaps Vegas.

    Stay safe & GLTA!

    I am not a Financial Advisor, so please do your own DD

    submitted by /u/seebz69
    [link] [comments]

    Any upside potential?

    Posted: 02 Mar 2021 12:28 PM PST

    $SOS Best crypto mining play in 2021 IMO. ����‍♂️����‍♂️��������

    Posted: 02 Mar 2021 06:01 PM PST

    US companies that make no money have seen their stock prices soar 19% YTD, outperforming those that *are* profitable by 15 points... Bubble?

    Posted: 02 Mar 2021 03:10 PM PST

    https://www.pairagraph.com/dialogue/3b8e49dbdd8946d6a58c61c579c93f8f

    It's a speculative market on steroids. Here's the evidence:

    Valuation: The CAPE smoothed P/E multiple has expanded for six straight months. It bottomed at 24.8 in March at the price index trough, closed December at 33.7, then to 34.5 in January, and now to 34.8 in February. By way of comparison, the multiple was 32.3 in March 2001, as the tech wreck bear market really got going; and 32.6 in September 1929. Investors always think they can get out before the peak is in. History rhymes.

    Leverage: Margin debt has soared 42% from a year ago (+115% at an annual rate over the past three months alone). This is exactly what the trend was in August 2007 and September 2000. Right near the market peaks.

    Positioning: The put-call volume ratio has been below 0.60 with near consistency since the middle of November. It's a stretch we haven't seen in over eight years. The BofA survey shows that global portfolio managers are running with the lowest cash levels in eight years, and have the highest exposures to equities and commodities in a decade.

    Technicals: The fact that the S&P 500 is now 13% above its 200-day moving average is an extreme gap worth noting and monitoring — it was 11% back in February 2000, just ahead of the tech mania bust and 7% in October 2018, ahead of the near-20% drawdown heading into the end of that year.

    submitted by /u/calmeagle11
    [link] [comments]

    Great news for $OPTT and $CWGYF - US Dept of Energy Wave/Ocean/Marine Energy Update - THEY LOVE IT

    Posted: 02 Mar 2021 10:02 AM PST

    The US Department of Energy released this study last week: https://www.energy.gov/sites/prod/files/2021/02/f82/78773_3.pdf

    With in that study they point out that ocean derived energy could support nearly 60% of the US energy needs and showed several ways in which the energy from our rivers and oceans could be harnessed to lower our fossil fuel dependancy. A 48 page study outlining how GREAT these kinds of energy sources are does not get paid for and published by the US Department of Energy unless they find it to be an extremely attractive option. Read it yourself and make your own judgements, but to me this is a very telling study and should be taken as a reason to invest in these kinds of energy conversion. I already own stock in $OPTT and $CWGYF, both of whom are already working with government entities and militaries, but I'm sure there are other companies out there to back as well.

    This kind of energy harnessing has the power to DRASTICALLY change our societies and with the US Department of Energy backing it, I don't see interest in advancing it going away anytime soon.

    submitted by /u/GreenGreenGains
    [link] [comments]

    $CCIV double bottom. If this holds I'll look to add.

    Posted: 02 Mar 2021 04:48 PM PST

    Rumors about CCIV the past days

    Posted: 02 Mar 2021 03:31 PM PST

    10YR bond Market To face Back-Lash Soon!!! Preserve your wealth

    Posted: 02 Mar 2021 09:04 AM PST

    10YR bond Market To face Back-Lash Soon!!! Preserve your wealth

    A 35 year pattern is indicating right now that the 10 yr Yield will be clobbered soon ..

    https://preview.redd.it/x9rrr0126nk61.png?width=1579&format=png&auto=webp&s=b13dadd695cffae62673a89816d1ae9f725a0f80

    Relative strength index is overbought signaling that a move lower is very imminent. How did the stocks perform when the 10 YR Yield moved lower?

    All indexes moved hugely lower whilst having the FED printing trillions of dollars. Be careful !!

    https://preview.redd.it/iqpc69627nk61.png?width=1068&format=png&auto=webp&s=33f1628f6b13eb0415af99babc8f8e6e8ad064db

    How do you cover yourself? While Commodities still experienced some liquidity they tends to outperform long term, all commodities tend to outperform during a crisis as people flee to assets that retain their value during PANIC MODE. All commodities are breaking out of 12 year patterns:

    • TIN
    • Copper
    • Steel
    • COFFEE
    • Sugar
    • Soy Beans
    • Lumber
    • Gold
    • Silver

    I have personally identified a huge opportunity for Y'all to take a look at ... ITs only a matter of Time that SILVER and GOLD break to the upside again especially due to the yields being on the edge. SILVER especially is used in Solar panel, electric vehicles, batteries and much more green friendly objects... The industry is moving forward towards a green economy which mean this Metal will be used highly .

    https://preview.redd.it/v7y40jodank61.png?width=865&format=png&auto=webp&s=a5bade0478c447d2761c30cfc4b6b1f5f0899e86

    Also note that a period of inflation is coming and since SILVER is considered a precious metal people flee to this even at a higher rate... The metal is also way far from the top:

    https://preview.redd.it/004t0m2pank61.png?width=1576&format=png&auto=webp&s=00579b26f81e59f9218e40668c7bbfbcc6b1d521

    How to buy silver? The best way to buy silver is by acquiring the Physical metal but lets be honest its hard to buy and sell physical immediately, This is why purchasing a shares within a reliable and safe trust is very recommended. I am personally invested in $PSLV and they are continuously audited and trustworthy.. important note: STAY AWAY FROM $SLV. THEY HAVE BEEN COUGHT IN FRAUDULENT ACTIONS MULTIPLE TIMES

    Finally, Gold is also a very good option at the moment and buying $PHYS would also be a wise decision.

    For higher leveraged return I am also personally invested in miners and gold royalty companies, my top holdings are the following:

    • $TEUTF -Royalty
    • $ELY-Royalty
    • $VZSLA-Silver Explorer
    • $MTA-Royalty
    • $IAG - Gold Producer and miner
    • $GOLD - Major gold Minor / Producer
    • $EQX - Gold Miner
    • $PSLV -Physical silver trust
    • $PHYS - Physical Gold Trust
    • $AG - Silver miner
    • $HL - Silver miner

    PRESERVE YOUR WEALTH.. BUY SILVER and GOLD.

    This is not recommendation or financial advise!

    submitted by /u/Commodities-squeezer
    [link] [comments]

    All Apple retail stores in U.S. open for first time in almost a year; stock jumps

    Posted: 02 Mar 2021 09:21 AM PST

    For the first time in almost a year, all of Apple Inc.'s U.S. retail stores are open.

    That milestone, along with news over the weekend that Warren Buffett's Berkshire Hathaway BRK.B, +3.62% is still bullish on its 5.4% stake in the tech giant, sent Apple shares AAPL, +5.39% jumping more than 5% on Monday, their biggest gain in more than four months.

    Apple closed all its stores outside China on March 13, 2020, as the COVID-19 pandemic swept the globe. Its stores in China had closed that February.

    Read the article below for more information:
    https://marketbuzz.ca/us-apple-retail-stores-open-stocks...

    submitted by /u/TheMarketBuzz
    [link] [comments]

    Options help

    Posted: 02 Mar 2021 03:15 PM PST

    I'm trying to learn what options are. I think it is where you pay a deposit on a stock so you can get a shitload more and sell them all if it goes up but if it goes down, you can choose not to buy it but lose your deposit. Like if you had $1000 and want to buy a stock that is $10 that you think will go up. Instead of only able to buy 100 shares, you can put that 1000 down and get like 1000 shares. If the stock goes to $20/share, you have $20k and can sell for that. But if it goes to $5, you can choose not to buy and lose your $1000 deposit. Am I close at all? Any help would be greatly appreciated. Thank you

    submitted by /u/sdrewusmc42
    [link] [comments]

    So is Tesla Stock really overvalued?

    Posted: 02 Mar 2021 08:06 PM PST

    Hey guys, new here and please feel free to remove post if not allowed to post such questions.

    So, I am pretty new to trading, and some friends recommended to invest in big companies like Apple, Microsoft, Tesla, Walmart, etc. and speaking of TSLA specifically, a close friend recommended to buy the stock and hold, and when I bought my first few shares, price was at $880-ish, but ever since it's been dropping in price. I know that stock market is kind of unknown / unpredicted but I was hoping to hear some of you out and to share your experiment in the stock market.

    Let me know if you have any questions.

    Thanks!

    submitted by /u/almargahi
    [link] [comments]

    MARA Analysis

    Posted: 02 Mar 2021 04:13 PM PST

    Ticker: MARA
    If it isn't obvious enough, MARA is running parabolic.

    This means volatile, quick movements.. and when a drop comes, it'll be steep.
    SO what do we do from here?

    The market is still indecisive as we found out today, but that may have no impact on MARA. If we take a look at the chart below, notice that the volume is squeezing; yet there are still big moves each day due to volatility. This explains two things:
    1. MARA is volatile
    2. When volume breaks out, it will go ballistic.

    Take a look at the last two bounces off support (circled in green). This should tell you that MARA typically rises FAST and drops slowly, when there is a breakout on volume that is.

    Back to where we stand.. we have bounced off support, but volume has not spiked and we aren't moving like we do in the previous bounces.

    From all of this info, expect to possibly touch that support one last time before we blast off; otherwise, this is a small pullback in the process of taking off. In conclusion: Take an entry when you see the volume spike.. simple as that.

    And always, before entering a trade, be sure to check recent news to give yourself support and a sturdy wall to stand behind.

    Mid-Term Target: 55.00-60.00
    Popular Option Flow: 35c 3/12 exp @ 4.43

    submitted by /u/MoistBands
    [link] [comments]

    Chuck Schumer Says Federal Marijuana Legalization Is A Priority In Democrats’ ‘Big, Bold Agenda’

    Posted: 02 Mar 2021 10:13 AM PST

    "Amazon of cannabis"? Get in early?

    Posted: 02 Mar 2021 06:05 AM PST

    This is my first DD, and I usually eat the crayons, so don't judge me. Looking for discussion in comments.

    Namaste Technologies is a world leading online platform for cannabis products and education. Namaste is seeking to build the first personalized health and wellness marketplace while offering different types of cannabis products. They currently have 24 websites and 5 warehouses operating in 24 countries around the world. Namaste Technologies has 6 main online platforms:

    · Cannmart. Cannmart is a huge retail platform, which offers a bunch of CBD and THC products. It is the first licensed non cultivator in Canada. Their cannabis is available for every class and every type of person (5-25$/gram depending on the THC%), which makes them very attractive for customers. Furthermore, Cannmart offers edibles of every possible taste, various oils, flowers, concentrates ans so on. They are also selling a bunch of accessories, like Glaswares, vaporizers, vaporizers parts etc. It is also important to mention that their delivery is quick af. If you are from Toronto or Ontario, you can expect your purchased products on the same day. For the rest of Canada it takes up to 2 days. Cannmart operates in 17 fucking countries.

    PS. Namaste technologies owns 100% of Cannmart.

    More Info: https://cannmart.com/

    · Everyonedoesit: This platforms focuses on high quality glass pieces and vaporizers. Everyonedoesit is based in UK and in the US, but produces their products in the US and Europe. They have an offer of different types of bongs, like percolator bongs. Ice bongs, acrylic bongs and so on. Overall the rating of their products is 4 out of 5 stars.

    More Info: https://www.everyonedoesit.co.uk/

    · Namaste MD: Namaste MD is a Medical Cannabis Prescription Platform, which provides a safe, simple, and easy way to facilitate medical cannabis prescriptions to eligible patients in Canada via telemedicine. Patients gave this app 4.5 stars, since the support (from what I have heard) is amazing.

    NamasteMD is fully owned by Namaste Technologies.

    · Uppy. Uppy is a new and innovative app for anyone desiring to get the very best from their medical cannabis. Precisely record and monitor anything and everything to do with your medicinal cannabis intake. Doing it, they are trying to optimize your trip. Ratings on app store: 4 out of 5 stars.

    Uppy is fully owned by Namaste Technologies.

    More Info: https://www.uppy.com/

    · Australia Vaporizers: This platform is the largest Australian Vaporizer provider. Their website is offering all imaginable kinds of vaporizers. They focus on high quality vaporizers, and the price is according to the quality. 500USD should not surprise you if you visit their website. Their shipping is very fast and their support should be amazing. Namaste bought Australian Vaporizers for 6 Million back in 2017.

    As you can see this is the fourth company I have mentioned, which was bought by Namaste Technologies. This proves they are willing to expand and take things to another level.

    More Info: https://www.australianvaporizers.com.au/

    · Namaste Vapes: Namaste Vapes used to be a separate platform, which focuses on 25-40 year olds. However, Namaste Technologies decided to combine Namaste Vapes with Cannmart.

    Fundamentals:

    • Market Cap: 96million

    • Float: 320million

    • Quarterly Revenue Growth: 49%

    More Info: https://finance.yahoo.com/quote/NXTTF/key-statistics?p=NXTTF

    Financials:

    • Revenue of Namaste Technologies is steadily increasing (2017: 11million, 2018: 18million, 2019: 19million, 2020: 19million by august 31st)

    • Assets: 30million (13million cash). They are reinvesting all there earnings)

    • Liabilities: 10million by August 31st, last years: 12 million

    More Info: https://finance.yahoo.com/quote/NXTTF?p=NXTTF

    Catalysators

    · Namaste Technologies announced on February 2nd its Expansion into Nutraceuticals Market. How fucking awesome is that? We all know that Mushrooms and shit will be legal and free available in the near future. Namaste Technologies plans to expand their marketplace into Psychedelics.

    Here you can find some more info about it:

    https://www.namastetechnologies.com/namaste-technologies-announces-its-evolution-to-a-wellness-company-with-expansion-into-nutraceuticals-market/

    https://finance.yahoo.com/news/namaste-technologies-announces-evolution-wellness-223400008.html

    Namaste Technologies will definitely announce more news in the next few weeks, so stay tuned. This could lead to a boom of this stock. Definitely long term for me.

    Namaste also announced that it will be collaborating with DankStop and PeakBirch Logic, Inc.

    More Info:

    https://finance.yahoo.com/news/namaste-technologies-advances-usa-expansion-234900911.html

    About DankStop: https://dankstop.com/

    About PeakBirch Logic, Inc.: https://peakbirch.com/

    Namaste Technologies is being heavily shorted. The short volume ratio is around 71%

    More Info: https://fintel.io/ss/us/nxttf

    JUST GOT APPROVED TODAY FOR U.S EXPANSION FOR CANNMART!!!

    Namaste Technologies Inc receives TSX approval for its US expansion plans (proactiveinvestors.com)

    Conclusion: This is a great company with a lof of potential. Especially right now weed stocks are skyrocketing, this one has not skyrocketed yet but it will soon.

    This is not pump and dump!

    I strongly recommend you to do your own dd. I am retarded.

    submitted by /u/ffviiking
    [link] [comments]

    Wrong stock Lmao but I still need those questions answered

    Posted: 02 Mar 2021 01:13 PM PST

    No comments:

    Post a Comment