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    Tuesday, May 4, 2021

    Home Unlabelled Stock Market - At The Age Of 27, The Creator Of Ethereum Became The Youngest Crypto Billionaire In The World

    Stock Market - At The Age Of 27, The Creator Of Ethereum Became The Youngest Crypto Billionaire In The World

    May 04, 2021

    Stock Market - At The Age Of 27, The Creator Of Ethereum Became The Youngest Crypto Billionaire In The World

    At The Age Of 27, The Creator Of Ethereum Became The Youngest Crypto Billionaire In The World

    Posted: 04 May 2021 12:49 AM PDT

    Has anyone else been losing money last couple of months?

    Posted: 04 May 2021 05:38 PM PDT

    I've been losing money non stop the last couple of months. I know growth stocks have been hit the hardest while everything else is going up. Has anyone else been hit hard the last couple of months? And does anyone know when this shit storm end? Man I've been getting pummeled continuously and it's just honestly sad. I'm about to sell everything and just dump my money into VTI or VOO and forget about it for the next 3-4 years at this point. Stocks in holding such as IPOE, XONE, STEM, MP, and FCEL have been continuously getting pummeled and I just feel annoyed at this point. I don't know how much longer this shit storm will last. Even ARK ETFs have been struggling.

    submitted by /u/Public-Flan-1179
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    Market Open - 5/4

    Posted: 04 May 2021 07:20 AM PDT

    AMC: Welcome to Saudi Arabia.

    Posted: 04 May 2021 06:56 PM PDT

    Here is a Market Recap for today, Tuesday, May 4, 2021

    Posted: 04 May 2021 01:10 PM PDT

    PsychoMarket Recap - Tuesday, May 4, 2021

    Stocks fell on Tuesday following a mixed session yesterday, as the selloff in technology stocks accelerated following remarks from Treasury Secretary Janet Yellen. Market participants wait for the next set of corporate earnings reports and economic data, particularly the April Jobs report due to be released May 7.

    Stocks fell after Treasury Secretary Janet Yellen suggested she thought interest rates in the US might need to rise in the near-term in order to prevent an economic overheating as recovery continues. Rising rates would weigh on the valuations of growth companies and could slow down the recent rally to fresh highs. Janet Yellen said, "It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat, even though the additional spending is relatively small relative to the size of the economy. It could cause some very modest increases in interest rates to get that reallocation, but these are investments our economy needs to be competitive and to be productive. I think our economy will grow faster because of them." This somewhat contradicts recent commentary from members of the Federal Reserve, will have to see how this story unfolds.

    Earnings season continues to exceed even the most optimistic expectations, with more than 85% of the companies that have reported exceeding expectations by an average of 22.1%, according to data from FactSet. These strong earnings beat, however, many companies did not see their stocks pop up. Analysts largely chalk this up to the already-elevated expectation Wall Street had coming into this earnings season. Hilary Kramer (no relation) said, "The numbers were good but Wall Street response was neutral at best. When the best earnings growth since 2010 spawns a yawn it's pretty clear that perfection is priced in. While there's no seasonal sell signal flashing, there's no immediate reason to buy either. This is a great opportunity to review your positions, make any adjustments and then retreat to the sidelines for the next few months."

    The Labor Department will release its April jobs report on Friday, which is expected to show a staggering nearly 1 million payrolls came back last month, accelerating March's gain. As a reminder, in March, the Department of Labor reported nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6% (unemployment rate was 14.6% in April 2020). Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.

    Highlights

    • Mega-caps were down sharply today, dragging the broader market down.
    • Big bank stocks outperformed the broader market.
    • Factory orders rose 1.1% in March over February after a 0.5% drop the month prior, according to the Department of Commerce. This was still slightly short of 1.3% estimates.
    • The trade deficit rose to $74.4 billion in March, after coming in at a deficit of $70.5 billion in February, the Department of Commerce said.
    • Shares of SmileDirectClub (SDC) sold off sharply after the company said it was affected by a cybersecurity incident on April 14 that will affect this quarter's revenue. The company reports on May 10
    • Twitter (TWTR) said Tuesday it had bought news technology company Scroll, which it will use as part of an upcoming subscription offering. The company allows users to subscribe to news publishers and read articles without ads.
    • Tesla (TSLA) is facing scrutiny in China over customer service complaints and safety. The company said it was boosting its engagement with regulators and the government in order to assure compliance.
    • **Please note that current stock price was written premarket and does not reflect intraday movement*\*
    • AMD with two target raises. Stock currently around $78.50
      • Mizuho from $105 to $107 at Buy
      • Raymond James from $100 to $110 at Outperform
    • Ameriprise Financial (AMP) target raised by Royal Bank of Canada from $270 to $295 at Outperform. Stock currently around $258
    • Boyd Gaming (BYD) target raised by Morgan Stanley (MS) from $66 to $78 at Overweight. Stock currently around $67
    • Comcast (CMCSA) target raised by Deutsche Bank from $60 to $65 at Buy. Stock currently around $56.50
    • Equifax (EFX) target raised by Barclays from $210 to $270 at Overweight. Stock currently around $234
    • EverQuote (EVER) target raised by Oppenheimer from $55 to $70 at Outperform. Stock currently around $34
    • F5 Networks (FFIV) target raised by Needham & Co from $245 to $255 at Buy. Stock currently around $184
    • Floor & Decor (FND) target raised by Wells Fargo from $120 to $130 at Overweight. Stock currently around $112.5
    • Alphabet (GOOG, $GOOGL) with a host of target raises. Consensus price target $2800 at Buy. Stock currently around $2343
    • Hasbro (HAS) with two target raises. Stock currently around $99
      • Jefferies Financial from $113 to $115 at Buy
      • DA Davidson from $115 to $120 at Buy
    • McDonald's (MCD) target raised by Telsey Advisory Group from $250 to $260 at Outperform
    • Microsoft (MSFT) with a host of target raises. Consesus price target $295 at Buy. Stock currently aroound $252
    • NXP Semiconductors (NXPI) with four price target raises. Stock currently around $191
      • Raymond James from $220 to $230
      • KeyCorp from $225 to $235
      • Jefferies from $208 to $235
      • Mizuho from $192 to $225
    • Raytheon Technology (RTX) target raised by Morgan Stanley (MS) from $89 to $97 at Overweight. Stock currently around $84
    • Shopify (SHOP) target raised by Piper Sandler from $1500 to $1600 at Overweight. Stock currently around $1122
    • Shutterstock (SSTK) target raised by JMP Securities from $100 to $110 at Outperform. Stock currently aorund $88
    • Visa (V) with a host of target raises. Consensus price target $275 at Outperform. Stock currently around $233
    • YETI target raised by Jefferies Financial Group from $100 to $115 at Buy. Stock currently around $87

    "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
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    GME version of Adele’s “Hello”����new ape/ant hype song from gme stonk radio!������HODL ��������

    Posted: 04 May 2021 05:42 PM PDT

    Big tech is so big, pieces of it generate more revenue than other entire companies (Q1 2021 Revenue)

    Posted: 04 May 2021 07:23 PM PDT

    Guys this is why Robinhood crashes. Check out their headquarters. I guess vlad takes all the money and gives the employees a dinky office. Fuck you vlad.

    Posted: 04 May 2021 10:35 AM PDT

    SLSSF.TO Due Diligence. This is my only mining stock and I am quite bullish on it, here's why.

    Posted: 04 May 2021 07:59 AM PDT

    Solaris Inc., a COPPER and GOLD mining company (can't go wrong with these assets!) in the Americas, engages in acquiring, exploring, and evaluating mineral properties. Holds 100% interest in the Warintza copper project located in the South-Eastern Ecuador; and 75% & 80% interest in the ongoing exploration of copper porphyry in Tamarugo and Ricardo(Chilean copper belt) respectively. The company is headquartered in Toronto, Canada.

    According to the company's official press release early this year (link): "Solaris is pleased to announce a significant new discovery in maiden drilling at Warintza West and the first detailed geophysical survey covering its Warintza Project ("Warintza" or "the Project") have revealed a much more extensive porphyry system than previously understood. To meet the increased scope of resource and discovery drilling, the Company is doubling its drill program from six to 12 rigs."
    A report from the geophysical investigation shows that the copper in the ground is worth four or five billion and the market cap is only 1 billion.
    Moreover, Solaris acquisition has significantly been de-risked by being fully funded and availability of drilling resources, so there is no need to worry about capital of the project.

    You may also be concerned about the bottom line of the Warintza project after Ecuador's new president elect; Guillermo Lasso's government has full support of mining projects in the country as will greatly boost the country's economy and not rely on oil alone.

    ​

    Total Assets are valued at $120.93m USD,
    Total Liabilities are valued at $8m USD.
    $115M of insider buying over LTM Leading all issuers in TSX materials sector
    MarketCap is valued at $964m USD
    Primary Exchange is Toronto Exchange
    Capital Structure
    TSX SLS

    Common Shares Outstanding 107M

    Stock Options 8M

    EQX-linked Warrants 4.3M / $25M

    Solaris Warrants 38.9M / $87M

    Restricted Share Units 0.5M

    Fully Diluted Shares Outstanding 159M

    Cash $92M

    TLDR
    Solaris is responsibly and sustainably advancing a portfolio of copper and gold projects in the Americas:
    Focused on Flagship Warintza, Ecuador -High grade open pit resource within 5km x 5km cluster of outcropping copper porphyries; untested gold potential Discovery Potential - Drilling for discoveries at Tamarugo and Ricardo in Chile and Capricho and Paco Orco in Peru. Exploration Programs Designed by David Lowell, World's Greatest Explorer - Assembled portfolio and designed programs led by his protégé, Jorge Fierro, VP, Exploration. Managed by the Augusta Group - Highly-specialized in exploration and development, unrivaled track record of over C$4.5B exits / 10 years

    https://www.solarisresources.com/company/company-profile/

    submitted by /u/FrancoiseBurgos
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    Trading in calls for a stocks that have declined by -10%.

    Posted: 04 May 2021 08:00 PM PDT

    I noticed that stocks that rapidly go down in a trading day (like -10% or more) bounce back up on average the next day. As a matter of fact, it seems this is the case more than 65% of the time.

    So now I'm curious to buy a call option with a strike price just above the new, "depressed" price of the stock, and the next day, the stock will go up (about 65% of the time).

    Does anyone have any pointers on how to make this strategy more effective? I think that the underlying stock has to have a lot of trading volume, have an efficient and liquid options market, and other than that, I really make a judgement.

    submitted by /u/Heinrich-Dinkelacker
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    I finally understand the meaning of hodl. And I will keep holding ETC, because I believe it as much as I believe in Jesus.

    Posted: 04 May 2021 06:22 AM PDT

    Jim Cramer criticizes Warren Buffett's denunciation of Robinhood

    Posted: 04 May 2021 08:00 PM PDT

    Buckle up boys, EV Bus company Proterra is about to print us some money.

    Posted: 04 May 2021 02:02 PM PDT

    The stock just popped 6% after hours after the Senate proposed $73 billion to shift U.S. to EV transit buses

    I bet my options they will be beneficiaries. The stock is undervalued prior to the SPAC IPO. Ultimately, very few companies can compete with the made in America EV mantra.

    Here is a short introductory Bloomberg documentary about this stock:

    The Ex-Tesla Executive Electrifying Mass Transit

    A few weeks ago, the President was given a tour of factory. PROTERRA HOSTS PRESIDENT BIDEN FOR VIRTUAL TOUR OF EV MANUFACTURING FACILITY

    submitted by /u/hhh888hhhh
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    Good movement on Nokia $NOK. Not the meme stock action from last winter. 5% in a day on real news, above average volume. People may be stuck in at at $7-8 from winter, but it will break through with this momentum. It is realtivly cheap, and has accelerating growth. I like the stock ��

    Posted: 04 May 2021 04:44 AM PDT

    $SKLZ Skillz Inc Earnings Headlines and Takeaways

    Posted: 04 May 2021 03:17 PM PDT

    Headlines:
    - $83.7m in Revenue compared to an internal projection of 80m
    - pMAU Growth of 81% and ARPU up to $10.35
    - Adj. EBITDA loss of -41.1m compared to -33.4M est. (due to increased marketing spending and they said this would be their highest quarter for marketing spend)
    - raised rev guidance for 2021 to $375m representing 63% YoY growth
    - android users growing at 2x speed of IOS (increasing penetration)
    - on track to enter India by the end of the year
    - plans to add additional games like first-person shooters and synchronous play.
    - burnt 48m in cash (~240m a year in cash burn) but has 613m on the balance sheet meaning they won't have to dilute shareholders for a while.

    MOST IMPORTANTLY: The guidance does not include new games, Tetris, synchronous play, OR India expansion.

    I think this company was beat up with the rest of the SPACs, but investors really threw the baby out with the bathwater on this one. Shout out to the shareholders on Stocktalk for providing good information! Link if interested--> https://testflight.apple.com/join/J22OgDlP

    submitted by /u/TheNewUsed
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    US companies by number of employees

    Posted: 04 May 2021 02:40 PM PDT

    Pretty much, yeah

    Posted: 04 May 2021 09:29 AM PDT

    Report: South Korean Police Conducted A Raid On Cryptocurrency Exchange, Up To $215 Million Worth Of Cryptocurrency Were Frozen

    Posted: 04 May 2021 11:53 AM PDT

    Australis Impressive Corporate Update

    Posted: 04 May 2021 05:50 PM PDT

    WPP - LVMH OF ADVERTISING

    Posted: 04 May 2021 08:11 PM PDT

    For WPP, it's about we can be a creative company, not just a holding company. I look at a company like Disney, where you have Pixar, Marvel, Disney brands, that all come together when they need to. So we have brands inside WPP, from Ogilvy to AKQA to Grey, and we have fewer than we used to have because we got a bit too complicated. But we're encouraging people to collaborate, many of us share offices, and we've coordinated a lot of the response to COVID-19. And I think it's ultimately brought the company closer together.

    https://www.fastcompany.com/90629015/why-wpp-wants-to-be-the-lvmh-of-post-covid-advertising

    submitted by /u/londontradingcompany
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    Hong Luoxi Becomes The Richest Woman In South Korea After She Inherited 33% Shares Of Her Late Husband Li Jianxi, Former Chairman Of Samsung Electronics

    Posted: 04 May 2021 01:55 PM PDT

    My Watchlist For 5/5/2021 - Anti Hype, Low Risk High Reward Plays

    Posted: 04 May 2021 05:51 PM PDT

    Futurama Taught Me Everything I Know About Compound Interest

    Posted: 04 May 2021 09:18 AM PDT
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