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    Home Unlabelled Stock Market - Elon Musk 'Blew Away' $22 Billion Dogecoin Market Cap After Appearing On 'Comedy' Saturday Night Live

    Stock Market - Elon Musk 'Blew Away' $22 Billion Dogecoin Market Cap After Appearing On 'Comedy' Saturday Night Live

    May 09, 2021

    Stock Market - Elon Musk 'Blew Away' $22 Billion Dogecoin Market Cap After Appearing On 'Comedy' Saturday Night Live

    Elon Musk 'Blew Away' $22 Billion Dogecoin Market Cap After Appearing On 'Comedy' Saturday Night Live

    Posted: 09 May 2021 04:33 AM PDT

    Elon Musk’s SpaceX to send dogecoin-funded satellite to the moon

    Posted: 09 May 2021 06:46 PM PDT

    Thing I like about this guy Elon Musk is he recognizes there are too many stupidity levels in today’s retail investors. He just toys with them for what is worth. That smile just says it all.

    Posted: 09 May 2021 01:33 PM PDT

    Melinda Gates had discussions with divorce lawyers in October 2019 when Bill’s ties to Jeffrey Epstein became public

    Posted: 09 May 2021 07:07 PM PDT

    Pretty much...

    Posted: 09 May 2021 05:36 PM PDT

    New York Hedge fund founder lands himself in prison for bankruptcy fraud

    Posted: 09 May 2021 01:27 PM PDT

    10 Things You Shouldn’t Care About as an Investor

    Posted: 09 May 2021 07:16 PM PDT

    My DD on $XELB - Bullish with earnings catalyst in May

    Posted: 09 May 2021 05:58 PM PDT

    Looking at the charts on $XELB, I see a bullish uptrend potential especially with the upcoming company earnings catalyst in May. Seems to have some momentum (look at recent and past week's charts). Chart Broke out of the Falling trendline (May 6). Then Retested the breakout (May 7th). It Bounced off the 100 DMA (daily moving average). This Closed on the 50 DMA (daily moving average) but above it After hours. Earnings catalyst may 18 according to marketwatch estimates. With COVID vaccinations and restrictions looking to ease up, this company which is a brand management and media business generating approximately 500 million in retail sales. Market cap: 37.8M , Sales: 29.4M, P/S: 1.29, Gross Margin: %81.5, Float: 7M What say you?

    submitted by /u/elaineamj
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    I built a program that tracks mentions and sentiment of stocks across Reddit and Twitter! This week's most discussed and top growing stocks!

    Posted: 09 May 2021 09:25 AM PDT

    I built a program that tracks mentions and sentiment of stocks across Reddit and Twitter! This week's most discussed and top growing stocks!

    This post is in continuation of a series of posts I made in the previous weeks. The response I received was amazing and a lot of you were asking for continued weekly updates. So here goes!

    Most Discussed Stocks of the Week

    https://preview.redd.it/kactomp8f4y61.png?width=623&format=png&auto=webp&s=0c6c1d86da25f65e45c413ddbda1525e1641f3d4

    GME is back at the top again this week. GME was briefly overtaken by MVIS last week to become the most discussed stocks. The drastic drop in the stock price after its rally muted the discussions. This can be reflected in the sentiment as well. AMC has experienced a continuous decline in discussion volume and now is in the 8th position.

    Top Growing Stocks of the Week

    https://preview.redd.it/uehk0zqbf4y61.png?width=1064&format=png&auto=webp&s=1b72059fbded021f4d9af34cfcf7f8f6076aa419

    Above is the list of stocks that have exploded in the number of mentions throughout social media. Majority of stocks gained in mentions this week following their earnings report. The returns were a mixed bag for the companies even after exhibiting stellar growth.

    Rocket companies($RKT) shares fell 16% on Thursday following their first-quarter results. Even though their revenue increased by 236% and net income by 170%, investors appeared to focus on the guidance provided by Rocket. They said that they expect to close a loan volume of $82-$87 Billion which would represent a significant decline. This along with rising interest rates and inflation concerns caused the stock price to tank.

    Etsy($ETSY) was also trending due to very similar reasons where they reported exceptional first-quarter results but management guidance for the second quarter was mediocre. The stock was down 13% but a lot of users were extremely bullish on the company and were considering the drop as a good entry point for long-term hold which is reflected in the sentiment.

    Sos($SOS) stock experienced a significant rally and then a drop this week after reporting more than 300% revenue growth. The major cause for concern here is that 84% of their revenue came from a single customer.

    Corsair($CRSR) also delivered an exceptional quarter with first-quarter revenue increasing by more than 72% to $529MM. The growth majorly came from their Gamer and Creator peripherals segment which is far more profitable than the regular systems. Even though Reddit and Twitter users are bullish on the stock, the stock still sold off more than 6% from the top after the earnings report.

    Peloton($PTON) had a wild week with the stock dropping 15% on Wednesday following a full recall of their Tread and Tread+ treadmills. The US CPSC had called for a recall months ago but the company had initially resisted the accusations. The recall of more than 130K units is expected to be a logistical nightmare.

    SOME FAQ's:

    How does the program work: The program is built using Python and uses both Twitter and Reddit API to stream comments and tweets and spot tickers that are exhibiting accelerated growth. I added sentiment analysis to the findings so as to check the general sentiment (whether what is being talked about in the stock is positive or negative).

    What is sentiment: It's calculated using natural language processing with a modified version of vadersentiment. You get pre-trained models which classify whether a given statement is positive or negative. I have modified it to analyse financial comments also ( eg. Calls, puts, moon, gain, loss etc). It then classifies the statement between -100% and +100% depending on if it's negative or positive respectively. The numbers you are seeing here is the average across all the comments.

    Thank you for reading!

    Disclaimer: I am not a financial advisor.

    submitted by /u/nobjos
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    Ogilvy named global creative agency for World of Hyatt

    Posted: 09 May 2021 05:57 PM PDT

    Microvision - A Digital Frontier (unofficial tribute)

    Posted: 09 May 2021 08:52 PM PDT

    Weekly Nasdaq Recap | May 3-7, 2021 | 15-Min Candlestick Chart

    Posted: 09 May 2021 08:26 PM PDT

    Thinking about investing 20K in fidelity now, smart choice?

    Posted: 09 May 2021 07:27 PM PDT

    I'm thinking about investing $20k in fidelity zero cost index fund now but not sure if it is a good timing to invest such a big amount, stock market seems so inflated now since US is printing money nonstop, everything raises its price because of that. some stocks went crazy high during pandemic which doesn't make sense.

    I have poor financial knowledge and don't really trust myself. my philosophy is since I invest in portfolio of stocks it diversify the risk, and economy will be better after pandemic. I just don't know if the inflation will cause the stock to drop eventually

    submitted by /u/loneybunnyneedslove
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    Stock picking has a terrible track record, and it’s getting worse

    Posted: 09 May 2021 07:13 PM PDT

    HeWhoSleepsNot random ass market report 5/9 edition

    Posted: 09 May 2021 10:25 AM PDT

    Hello Everybody! [Echo- Hello Doctor Nick!]

    It's me, HewhoSleepsNot, here with another fantastic product for you and I have a question for you all at the end of the post from The infamous TeB!

    So, disclaimer, this is not financial advice, we are not financial advisors, and we are certainly not YOUR financial advisors. This is a labor of love and a thought experiment. I am hoping that you all will push me further in my analysis so that I become better over time! These are just our personal thoughts and views based upon news shared out in the world.

    This information is not groundbreaking but more us gathering from various sources some interesting stories, news, and tickers to share with the community! I will note where I found the material from when I can remember or when my notes include it but some are just from memory and came from places like Twitter, emails, reddit, etc.

    Now lets get into it, shall we?

    From the recent articles of Fortune we have some socially conscious companies and companies that are good to work for. A couple of ETF's mentioned and then one stock I pulled from this set:

    ETFs: ICLN- etf focusing on clean energy, should be seeing benefits from he shift towards environmental focus for at least 2 years of full dem control and 4 years of Biden. TAN- solar ETF, same rationale as above PBW- clean energy ETF, same rational as above.

    Then we have $RKT [Rocket Companies, including Rocket Mortgage] Innovation in an old field. Taking care of employees exceptionally well which should pay dividends in loyalty and retention which I think is extremely valuable in the tech field. During the pandemic they gave extra free time off and made it mandatory because had noticed no one was taking PTO to stay at home and twiddle their thumbs. This should help morale and employee satisfaction and avoidance of burnout. All 24,000 employees had shares during to/prior to the IPO so they should as a majority be invested in the companies market performance personally. Yahoo 1 year price target consensus of 24.75 and it was ~22.65 so only a small upside at current prices. I may sell a cash covered put or 3 over the next few weeks to see if can make some premiums and then possibly get a block of stock with strike of 20 or below. Not sure yet. I just had some cash secured puts I sold expire OTM so will be deploying that capital this week and will include my moves in my next report.

    From Swaggy stock reads:

    DKNG! I am long DraftKings and currently very excited to be a hodler. THe analysis in swaggy stated that they are a market leader with 20-40% market share varying by state [or sport- I forget and deleted the email so /shrug, I'm good like that]. Main competitor is FanDuel who has yet to IPO followed by Barstool and BetMGM. Online sports betting legalization is moving forward to help govt generate tax revenues. And my sports ball boy TeB likes it for the Daily Fantasy Sports and knows people who have made line ups for over 180 days straight! That is some dedication [or addiction- and we know addiction is great for reoccurring revenue even if it may not align with personal morals]

    From some MarketBeat emails/website articles we have some interesting news for insider trades:

    CSX director sold 1.4 million shares at an average of 100.93 worth ~142 million and now only owns 12,399 shares worth ~1.2 million. This could be a bad sign of the prospects of the company if directory bailed out of nearly ALL of his shares. Would check other insider trades for this company before taking this to the bank though for sure.

    FDX CEO and MMM VP both sold small blocks of share but hold much bigger blocks so probably just wanted to put some money down on a new Ski Chalet or super car!

    From market sentiment we have some facts:

    RKT fell 16% Thursday following 1Q revenues rising 236% and net income up 170% but the guidance of loan volume was disappointing along with worries of rising interest rates and inflations. May be good entry point if you're bullish long term. Or may want to do what I do and make some cash flow selling cash secured puts waiting to be assigned blocks of stocks in companies you are ultimately fine holding for year+ and either sitting on or selling covered calls on to keep the cash flow coming.

    Etsy was down 13% at some point despite good 1Q results because guidance for 2Q was disappointing.

    Corsair 6% down despite exceptional growth.

    And finally, from pits most foul, the depths of my memory:

    GDRX- discount pharmacy deals, makes decent money there and also making inroads into telemedicine to compete with likes of TDOC, was ~38 a share and Yahoo had a 1 yr target consensus of ~53. Should be fine as long as Pharma system not overhauled, which is certainly a concern right now.

    AAPL- quietly making acquisitions. Instead of large blockbuster billion dollar buys of competitors like we see FB doing, or of new areas to expand in like we see AMZN do, AAPL has largely been buying smaller companies with the main goal seeming to be talent acquisition which is critical in the tech field. I'm sure you've all seen the graphic comparing AirPods revenue to entire companies and man is that intoxicating. The amount of product apple sells is INSANE, but that's why their market cap is also INSANE! I do think they have a fair chance of being the one to make one of the next big technological break throughs given their focus on talent acquisition [think AI, AR, VR]. Currently have 5-7 shares and selling cash secured put for 125 after having a stock secured call getting exercised for 127.

    I am bullish on public storage companies and storage REITs as we have huge housing demand yet not enough supply, so people maybe selling houses to capture the insane mark up but not have a place to go yet or place of same size, so that's some storage business. Then we have the disparity between main and Wall Street and historically public storage does well during down turns and evictions where people are unfortunately removed from their homes and have to find someplace to store their belongings. I am long PSA and SAFE, maybe some others but I have over 200 separate tickers and didn't spend more than a minute quickly scanning trying to find all of my tickers in this space.

    SCI- have about a grand here. Cemetery's and death shit. People always be dying. Just had big quarter so not sure best time to buy in. Yahoo 1 yr price consensus is 56.88 and currently ~56.71, 1.57% dividend, 19.69 P/E ratio]

    AMZN I think is safe bet to keep growing and growing and growing and....growing until government intervention. One of my beta readers questioned why Bezos has been dumping a lot of his stock. My response: Cash burn at Blue Origin [private space company] has to be huge right now, so until the flights become regular and he is actually making money on space tourism this should be the reason behind much of the sales. Then again he also has access to private companies/venture caps so he's investing money in companies that he thinks will be the next big thing that none of us have access too. See: https://www.cnbc.com/2021/05/05/amazon-ceo-bezos-sells-nearly-2-billion-worth-of-amazon-shares.html

    NFLX has incredible amount of IP and reach on hand.

    DG- another recession play. Yahoo 1 yr target consensus is 233.12, 0.78% dividend, currently ~216.

    Defensive stocks like grocery stores, essential suppliers, utility companies, etc with dividends may be safe recession plays if think the future is not as Rosey as it looks when you're 4 corona seltzers deep and just boofed some MDMA after smoking one of them blunts dipped in resin covered in keef or wtf ever the young bloods are doing these days.

    CLX- i have some of this. Clorox. I think people will have germs on the mind for a while. I don't know about you all but my hand washing has gone up at least 2500% since last March, wish my gains matched! Think this focus on cleaning will last at least a couple years post pandemic. Yahoo 1 yr consensus is 191.92 and dividend of 2.46%.

    This weeks question:

    With American birth rates not exceeding death rates, are there any stocks you think will suffer if this trend is not continued and the population of America continues to trend downwards?

    Thanks for tuning in and good luck out there!

    submitted by /u/hewhosleepsnot
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    DraftKings (DKNG) Due Diligence - The "King" of Online Sports Betting

    Posted: 09 May 2021 06:55 AM PDT

    One lucrative industry is going through massive growth caused by the speedy de-regulation and legalization throughout the U.S. This market is… Online Sports Betting (OSB). We will be taking a bird's eye view into the one and only DraftKings.

    Why DraftKings?

    DraftKings is already a market leader with roughly 20-40% market share (this varies by state). Their main competitors are FanDuel who has yet to IPO. Close 2nd and 3rds are Dave Portnoy's Barstool app and BetMGM.

    FanDuel and DraftKings have such a huge lead in front of the market because they've been able to transition their Fantasy Sports apps into OSB. This is all about branding. When you think fantasy sports and the possibility of being able to bet on them it's only natural you think of DraftKings, FanDuel, or now Dave Portnoy who is becoming more relevant with Barstool. DraftKing's branding started years ago with their entry into the fantasy sports market and they are now plastered on all things sports.

    Sports-betting is still a small piece of the pie when it comes to anything Casino or gambling, but the covid lockdowns have started transitioning the legalization of Online Sports Betting at a faster pace. This is the result of massive policy changes that help both DraftKings increase their addressable market and eventually governments who will also take a cut via taxes.

    The way it is:

    Governments taking people's money directly from taxes = BAD.

    Governments legalizing lucrative industries and taxing the crap out of them = GOOD.

    The Online Gambling industry is set to go through hyper-growth over the next 10 years. Here's a forecast done by GrandViewResearch

    What makes DraftKings an alluring investment? For the most part DraftKing's revenues are RECURRING. Remember, although this is "gambling" many people enjoy OSB as a hobby and losing (or winning) money is all part of having "fun". The goal of most online gambling apps/companies right now is all about user acquisition and paying whatever it takes to secure their market share. This is a tactic for those with deep pockets and willing to spend as the cost of acquisition per user racks up FAST. The two ways these companies are acquiring customers are through:

    1. Huge marketing and advertising expenditures. This includes things such as having their brand name displayed in the background during athlete interviews or on the banners at live sports events.
    2. The second and equally expensive route is by offering each user a bonus just for signing up. These are normally along the lines of "play with us today and we'll match your initial deposit up to $50"

    You can see how both these marketing tactics come with high costs, but as long as these companies keep their Customer Acquisition Costs (CAC) lower than a user's Life-Time Value (LTV) they will be laughing all the way to the bank. It's like saying they will spend $100 for a customer that will eventually provide $200 in revenues.

    Closing

    In my opinion DraftKings is the Starbucks or Dunkin Donuts of the online gambling industry. You are investing in THE main brand when it comes to sports betting. Although with expensive costs allocated to marketing they are securing market share in an industry that is going through a massive de-regulation and shift in policy changes. Does their current valuation match the TAM and expected growth? That's for you to decide, but at least know that you are investing in one of the top players in the OSB market with one of the strongest brand names out there.

    submitted by /u/TheStonksHub
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    Ocugen news and charting a big Buy

    Posted: 09 May 2021 12:29 PM PDT

    Did a major shakeup to my Growth Portfolio. Thoughts?

    Posted: 09 May 2021 10:15 AM PDT

    Did a major shakeup to my Growth Portfolio. Thoughts?

    This is my taxable growth portfolio across a couple of brokerages. My goal is to get 18%-20% avg annual returns over 10 years. I have other portfolios that are more conservative and also retirement accounts that I am not factoring in here.

    I used to have several SPACs (VIH, HOL, SFTW, NSTB, CLOV) and other speculative positions (DRRX, PCTI, SKLZZ, RBLX) in this portfolio and as a result, I incurred ~18%+ loss in the last 3 months. Overall I am still in green from the total capital I have invested, but the last 3 months erased a large portion of my gains from last year.

    I aggressively trimmed my speculative positions and added MSFT, AAPL, and doubled down on some of my high conviction names, even though those are still risky (MP, PLTR, COIN).

    The concern I have is confirmation bias, so I would like your perspective on what names I should still consider adding or changing to get this whole portfolio to grow 18-20% annually.

    This portfolio still has IPOD and IPOF and with it being near NAV, I am still thinking to just keep it in case one of them turns out to be a winner.

    I don't have any genome/biotech names here. Should I consider those? Or should I add names like FB, TSLA? Or double down more on some of these?

    Every month I am adding a good amount to this. Not showing the total portfolio value to avoid sending any wrong message.

    ​

    https://preview.redd.it/m144vphil4y61.png?width=1560&format=png&auto=webp&s=27db1cc179eab248ac3577b76b0cd85c003dad8d

    submitted by /u/track100_100
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    How do I find what name a company is traded under if its not available on their website?

    Posted: 09 May 2021 03:20 PM PDT

    Newbie here and Iv had this happen to me several tomes where I couldnt find the name that a company was traded under. For example I see whats on the news now with Colonial pipeline and if I want to see what their stocks doing I typed in Colonial pipeline as well as some other keywords/names on their websites affiliate list etc and nothing comes up. Is there a site that can help with this? I understand I could look it up but I did this before coming here and just news articles come up etc. What do you guys do if you hear about a company and want to look into it but cant find any information on its stock name?

    submitted by /u/VURORA
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    Ray Dalio's Investing Advice for 2021: Ray Dalio talks inflation!

    Posted: 09 May 2021 08:59 PM PDT

    LEV just announced its opening the largest EV facility in the USA in Joliet Illinois! ������

    Posted: 09 May 2021 09:28 AM PDT

    Help with options stop loss and target

    Posted: 09 May 2021 08:24 PM PDT

    So, I'm currently on Robinhood, but I'm switching to TradeStation/Trading View link up. I've practiced for about 5-6 hours on the bar replay feature doing a certain strategy, and I'm wanting to start implementing it. Id like to do it with options, but I need to be able to set a stop loss and target based on the stock price, not the options price. Is there a way to do this on that platform? I'm not going to do optionspricecalculator on both the target and stop loss on different dates. Thats too much. I just need to be able to set a stop loss and target for an option, on the stock price. Thanks so much!

    submitted by /u/bopoff-entirely
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    I should have invested in Chlorine futures last fall. The price has doubled since the chemical plant fire in Louisiana last fall. Guess I will have to suck it up or use bottles of Clorox floating in the pool since the tabs are 2x priced from last season.

    Posted: 09 May 2021 10:36 AM PDT
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