• Breaking News

    Tuesday, April 27, 2021

    Stock Market - AMC filed to the SEC...THAT THE VOTE TO APPROVE 500MIL SHARES IS NOT HAPPENING!! 🚀🦍🚀🦍

    Stock Market - AMC filed to the SEC...THAT THE VOTE TO APPROVE 500MIL SHARES IS NOT HAPPENING!! ��������


    AMC filed to the SEC...THAT THE VOTE TO APPROVE 500MIL SHARES IS NOT HAPPENING!! ��������

    Posted: 27 Apr 2021 03:50 PM PDT

    The Psychedelic Renaissance: A Case for $MNMD

    Posted: 27 Apr 2021 06:12 AM PDT

    The name of the company: MindMedicine.

    All of this isn't financial advice. I strongly recommend reading the whole post but if you're lazy there is a TL;DR at the bottom.

    About the company

    The goal of this company (and sector) is to revolutionize mental healthcare. How do they want to do this? MindMed focuses on different psychedelic drugs including Psilocybin, LSD, DMT and the Ibogaine derivative 18-MC (18-MC has huge potential in opioid withdrawal therapy and doesn't have the side effects of Ibogaine). These drugs are currently being tested in numerous trials to ensure that the treatment methods are effective and safe, but everyone that has ever taken any kind of psychedelics knows about the immense potential which these kind of drugs have. The drugs address all kinds of mental health problems including Depression, PTSD, Anxiety and Addiction. And not one of these mental health problems is becoming less common, Corona and shit makes our mental health even worse by the day.

    Are there effective drugs already on the market to treat these diseases? Not really, instead opioid addictions are growing faster than ever and there is no real solution - apart from psychedelics. To make the treatment as individual as possible MNMD has a project called "Albert" where they work with AI/machine learning, this is really a big factor because they are already getting all the data they need from the trials. The CEO himself has said that this is a company equally specialized in technology and in pharma. He called MindMed the „Tesla of Mental Health", I think this describes MindMed best. The company also has a crazy good team, they got ex Google and Pfizer employees.

    Previous Research

    Psychedelics in the mental health sector are not a completely new idea, this topic has been researched a lot in the 1950's and 1960's. There are a lot of studies from that time indicating the positive effects of these drugs in patients with different mental health disorders. But because of the Criminalisation of psychedelics in the western world beginning in the 1960's, this topic was not picked up by researchers until the 1990's. Since then multiple studies have been made and are currently happening.

    Recent studies have shown that low doses of psilocybin are as effective as the industry standard SSRIs!

    Effects of Psilocybin-Assisted Therapy on Major Depressive Disorder

    Trial of Psilocybin versus Escitalopram for Depression

    Effects of psychedelics on the brain

    Ibogaine and MindMed´s derivative 18-MC

    Effects of MDMA-assisted therapy

    Financials

    Okay the drugs are great blabla, what about the financials tho? How can they afford these incredibly expensive trials? The answer: they got a ton of cash from previous offerings, the latest number i could find was $161 Mio USD. This will finance the company in the coming years. Will they have to raise more money eventually? Maybe, but right now they are good. As soon as the first drugs get approved, this company will make a lot of money, not because they are exploitative but because the market for mental health disorders is huge (it's about $20 billion right now and this number is growing rapidly).

    Competition

    Okay all looking beautiful, but what about the competition? What if MNMD just isn't the company that is developing the best product for the market? Let me put it this way; Mind Medicine is the undisputed leader in this emerging sector right now. The second biggest player (looking at MarketCap, trials and cash available) is Compass Pathways. There are many reasons why I personally would not invest in this company; first of all they have much fewer trials going on. If I'm already investing in a very risky company, I want to choose the one that is most likely going to succeed. And in the pharma industry you can lower that risk by investing in a company which is developing many different drugs/treatments (MindMed has over 10 trials going on, CMPS has only one), this way if one trial fails the company won't go bankrupt. Even if they only get one drug approved they will be doing great, we're still talking about a growing market worth Billions. Another thing is Compass´attempt at patenting shit like the color of the walls and other ridiculous stuff, I personally can't invest in them because of my moral standards.

    Celebrities

    Everyone investing in stocks knows that Musk's tweets are more important than fundamentals, that's why I have to mention this. Cathie Wood has heard about this, she didn't directly say she would invest in this company but she knows about the disruptive potential of this company, and is there a more fitting stock for the ARK Innovation ETF out there? Kevin O'Leary aka Mr. Wonderful has been supporting this company since early last year, even if you do not like him you have to admit that he has quite a lot of publicity. The company is also doing a lot of PR, with the CEO JR Rahn giving numerous interviews within the last months.

    NASDAQ

    $MNMD is the ticker.

    https://www.nasdaq.com/market-activity/stocks/mnmd

    Further Information

    There are many catalysts coming up this year, the most important ones are obviously the trial results. The next major catalyst after Today should be the Special Meeting of the company on the 27th of May. The MNMD homepage has a great Investors section where you can find all the press releases and important dates of the company. If you are very interested in MNMD, go join r/MindMedInvestorsClub !

    𝗧𝗟;𝗗𝗥

    The shift to psychedelics in mental healthcare (100B+ industry) will be massive, there are millions of patients out there waiting for a treatment method that works! MindMed, the leader of this sector will uplist on the NASDAQ today.

    I wish all of you best luck this week, may the shroom boom bless us with some nice gains.

    🚀🚀🚀

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

    Nano Dimension Acquires Micro Mechanics 3D-Printing Leader, NanoFabrica Ltd.

    Posted: 27 Apr 2021 01:01 PM PDT

    Many Experts Questioned Why The Tech Giants Like Musk And Dorsey Thinks Bitcoin Is More Environmentally Friendly

    Posted: 27 Apr 2021 10:26 AM PDT

    AMC Theater Chain Yanks Plan to Issue 500 Million New Shares

    Posted: 27 Apr 2021 04:43 PM PDT

    Ireland: Operating A Cryptocurrency Company Without Registration With The Central Bank Is A Crime

    Posted: 27 Apr 2021 06:03 AM PDT

    CCP "Global News" on Tesla - "sales in China are doomed to experience a sharp fall in the second quarter"

    Posted: 27 Apr 2021 09:21 AM PDT

    After hours scanning.

    Posted: 27 Apr 2021 06:00 PM PDT

    After hours scanning.

    I started scanning during the extended hours session trying to prepare for tomorrow and found a few names pretty interesting.

    https://preview.redd.it/mucs3cgdatv61.png?width=1047&format=png&auto=webp&s=9d339d522b0485e325ab3ee3b8ca4be1d810a6c3

    https://preview.redd.it/yiaeybgdatv61.png?width=1047&format=png&auto=webp&s=5c93087da8db834b1b963d5bab49fe876d513673

    These 2 names alongside the rest of them are bouncing from prior areas of support creating a pretty nice opportunity for a possible next leg up and continuation move.

    https://preview.redd.it/oc0cxzz9btv61.png?width=1045&format=png&auto=webp&s=9a42243ea94d659d1dc4414fcf84cdf30715bf0c

    https://preview.redd.it/njanuzz9btv61.png?width=1047&format=png&auto=webp&s=3d45ea02815430d8d046574283f9b709e030940c

    https://preview.redd.it/pd7pezz9btv61.png?width=1046&format=png&auto=webp&s=9e571336e9c12b9c492b2e11f7c13641bb7743c5

    LGHL, MOGO, and M (Macys) have a very nice range for a move up if we can get continuation and the price breaks those prior resistance levels shown on the images.

    I wanted to write this post so I can share the ideas and the stocks found after doing some scanning during extended hours, preparing for the day ahead of time is important so we can come to the market having a plan before executing any trades and not following what could be just a shiny object that might hurt us by not having a plan.

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

    The Plague Haunting Online Financial Communities

    Posted: 27 Apr 2021 01:49 PM PDT

    One of the simplest ways to get rich is to convince others that paying you, will make you rich. It is a tale as old as time, selling the shovel is more profitable than digging for gold.

    The Plague Haunting Online Financial Communities - DecentraNews

    There is nothing wrong with this tactic as it is a valid way to make a living, however, nowadays it is considerably more sinister when enacted. In this day and age of financial gurus and people attempting to sell you a service, there considerable and deliberate attempts to mislead due to the potential monetary gains. It does not matter what platform you are on, you will see the attempts to profit off your small knowledge on the subject and your general naïve.

    Due to the nature of options only having the potential to lose 100% and having unlimited upside potential, the data points are skewed upwards, which as we discussed above, is also skewed higher than it ought to be. The true way in which the data should be calculated is median, which would still be skewed due to options nature of only having -100% downside, however, that is unlikely due to the profitability in misleading the public with the skewed max average return number.

    This nasty problem plaguing the online Financial community is one we have to attempt to eliminate. The true motives of a majority of these people are to sell you a product and it is clear. The only thing that these people care about is making money from selling their service.

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

    Market Open - 4/27

    Posted: 27 Apr 2021 06:43 AM PDT

    Starting to get more data on SwingBot’s performance. Finding that it’s got an ~80% win rate in the first half of the day and ~70% in the second. All of these trades were alerted based on the same set of rules. Stop levels are subjective.

    Posted: 27 Apr 2021 07:15 PM PDT

    Reed's Inc.(R) Expands Distribution With Defense Commissary Agency

    Posted: 27 Apr 2021 01:53 PM PDT

    Taking a step back.

    Posted: 27 Apr 2021 11:15 AM PDT

    Taking a step back.

    https://preview.redd.it/lhfv3wsxbrv61.png?width=1046&format=png&auto=webp&s=edfb5b9f3d9dd3dc4dba3464be1bfe806679d53f

    Today I felt a little bit uneasy during the pre-market session and decided to take a step back and not trade today, one of the reasons why I am sharing this today is to remind everyone that we don't have to trade every day, I understand the action might make us feel pretty nice but knowing when to take a step back and not risk it is very important, remember that capital preservation is very important. Money or capital is the tool we use to take profits from the market and we need to know that when is not necessary we should not risk it just because of the rush we might feel when we are executing trades.

    https://preview.redd.it/d9490o60crv61.png?width=1046&format=png&auto=webp&s=12c7bdbfdad8105279d295404a0c38978309f347

    https://preview.redd.it/f5t6333j9rv61.png?width=1047&format=png&auto=webp&s=11401112208f085a60fc077c5f6e1c153d455157

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

    Here is a Market Recap for today Tuesday, April 27, 2021

    Posted: 27 Apr 2021 01:42 PM PDT

    PsychoMarket Recap - Tuesday, April 27, 2021

    Stocks turned modestly lower Tuesday, as market participants awaited for more corporate earnings results and commentary from members of the Federal Open Market Committee (FOMC), including Federal Reserve Chair Jerome Powell.

    This week, a slew of huge companies are set to report corporate earnings for the first quarter of 2021. Altogether, the market caps of the companies reporting this week comprise nearly half the total market cap of the S&P 500, according to FactSet. So far, the vast majority of companies have vastly exceeded analyst estimates, with effective vaccine distribution in the US helping stoke demand as the economy gradually reopens.

    Eighty-four percent of the S&P 500 companies that have reported first-quarter results to date posted a positive earnings per share surprise, according to data from FactSet. This would mark the highest percentage of companies reporting upside surprises since FactSet began tracking this metric in 2008, assuming this beat rate holds through the end of earnings season.

    Today kicked off the first of the FOMC's two-day rate-setting meeting. The event is extremely unlikely to lead to any major shifts in monetary policy, with officials reiterating their commitment to keeping policy highly accommodative as the economy continues to recover from the pandemic. This includes maintaining interest rates near zero and maintaining an aggressive asset purchasing program at a monthly rate of $120 billion. In an earlier meeting, Powell said the Central Bank would slow the pace of its bond purchase program "well before" raising interest rates. Powell said, "We will taper asset purchases when we've made substantial further progress toward our goals from last December when we announced that guidance. That would in all likelihood be well before the time we consider raising rates."

    In other news, according to a report by the Conference Board, consumer confidence has surged to a 14-month high in April as effective distribution of the vaccine and easing of social distancing guidelines in the US allows for the economy to gradually reopen. The Conference Board's monthly consumer confidence index jumped to a reading of 121.7 in April, or well above the 113.0 expected. Lynn Franco, senior director of economic indicators at the Conference Board, said in a statement, "Consumers' assessment of current conditions improved significantly in April, suggesting the economic recovery strengthened further in early Q2. Consumers' optimism about the short-term outlook held steady this month. Consumers were more upbeat about their income prospects, perhaps due to the improving job market and the recent round of stimulus checks."

    Highlights

    • Home price growth advanced further in February as tight inventory and still-strong demand weighed further on home affordability.
    • The S&P CoreLogic Case-Shiller National Home Price Index accelerated at a 11.97% year-over-year rate in February, according to a new report Tuesday morning. This marked the fastest pace since 2005
    • Shares of Microsoft (MSFT) fell roughly 3% while shares of Alphabet (GOOG, GOOGL) surged more than 4% after both companies reported earnings today.
    • Shares of Tesla (TSLA) fell roughly 4.5% after the company reported earnings, suggesting market participants were expecting more
    • EU antitrust regulators are set to charge iPhone maker Apple this week with blocking rivals on its App Store following a complaint by music streaming service Spotify, a person familiar with the matter said on Tuesday.
    • **Please note that current stock price was written in the premarket and does not reflect intraday movement*\*
    • AutoZone (AZO) raised by Raymond James from $1565 to $1700 at Strong-Buy. Stock currently around $1444
    • Chipotle (CMG) target raised by Royal Bank of Canada from $1730 to $1750 at Outperform. Stock currently around $1470
    • COTY target raised by Royal Bank of Canada from $9 to $12 at Outperform. Stock currently around $10
    • Caesars Entertainment (CZR) target raised by Deutsche Bank from $65 to $120 at Buy. Stock currently around $97
    • DR Horton (DHI) target raised by Barclays from $108 to $114 at Overweight. Stock currently around $100
    • FedEx (FDX) target raised by Berenberg Bank from $340 to $350 at Buy. Stock currently around $276
    • Heico (HEI) target raised by Benchmark from $120 to $160 at Buy. Stock currently around $140
    • LYFT target raised by BTIG Research from $70 to $80 at Buy. Stock currently around $63
    • O'Reilly Automotive (ORLY) target raised by Raymond James from $550 to $575 at Outperform. Stock currently around $526
    • Proofpoint (PFPT) target raised by JPM Securities from $157 to $190 at Market Perform. Stock currently around $172
    • Signature Bank (SBNY) target raised by Deutshce Bank from $165 to $285 at Buy. Stock currently around $252
    • Tesla (TSLA) target raised by Goldman Sachs (GS) from $835 to $860 at Buy. Stock currently around $738
    • Workday (WDAY) target raised by JMP Securities from $296 to $310 at Outperform. Stock currently around $259

    "An investment in knowledge pays the best interest." — Benjamin Franklin

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

    My Watchlist For 4/27/2021 -- Sorry I was on vacation

    Posted: 27 Apr 2021 05:59 AM PDT

    Biden to Omit Estate-Tax Expansion from Coming Economic Plan

    Posted: 27 Apr 2021 04:43 PM PDT

    ETF Heatmap (category/sector/country) - April 27, 2021 at close

    Posted: 27 Apr 2021 01:45 PM PDT

    How to Profit From Unusual Options Activity - Complete Guide

    Posted: 27 Apr 2021 01:33 PM PDT

    $NAOV- Potential Gem Under The Radar

    Posted: 27 Apr 2021 10:43 AM PDT

    NanoVibronix Inc. (NASDAQ: NAOV) is a medical device company headquartered in Elmsford, New York, with research and development in Nesher, Israel, which is focused on developing medical devices utilizing its proprietary and patented low intensity surface acoustic wave (SAW) technology. This technology allows for the creation of low-frequency ultrasound waves that can be utilized for a variety of medical applications, including the disruption of biofilms and bacteria colonization, as well as providing pain relief. The devices can be administered at home without the assistance of medical professionals. The Company's primary products include PainShield®, UroShield™ and WoundShield™.

    They have a special shareholders meeting taking place on May 6th to address the authorization of new shares due to conversion of warrants into shares. Upon first news of this it shot up 300% and has fallen back to retest support levels. Current price $1.06. Huge potential upside if the vote goes through and could easily slide 50%+ after the vote has convened. Analyst put target price at $10.50 with a short term target of $3.

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

    My Watchlist for 4/28/2021 -- Bruce Swingsteen Is In The House

    Posted: 27 Apr 2021 05:18 PM PDT

    How to Use SweepCast & What is Sentiment

    Posted: 27 Apr 2021 01:27 PM PDT

    No comments:

    Post a Comment