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    Friday, September 10, 2021

    Home Unlabelled Stock Market - Did you buy APPLE right before the news came out today? ME:

    Stock Market - Did you buy APPLE right before the news came out today? ME:

    September 10, 2021

    Stock Market - Did you buy APPLE right before the news came out today? ME:

    Did you buy APPLE right before the news came out today? ME:

    Posted: 10 Sep 2021 02:57 PM PDT

    Remember the other day when I posted my 100% gain from DKNG on my first option trade ever? Well ... it’s gone

    Posted: 10 Sep 2021 07:40 AM PDT

    Which would be worse

    Posted: 10 Sep 2021 12:31 PM PDT

    S&P hits a ~25 year milestone and now Fed presidents are selling due to “ethics concerns”. What do all you make of this?

    Posted: 10 Sep 2021 11:54 AM PDT

    Don’t forget ����

    Posted: 10 Sep 2021 06:17 PM PDT

    Good morning ��

    Posted: 10 Sep 2021 09:00 AM PDT

    What do GME apes see as the endgame?

    Posted: 10 Sep 2021 09:09 AM PDT

    Perhaps a lot of us here hold some GME (myself included) because you believe in it, or just want to hop in on the fun. But I'm having trouble finding logical answers to basic questions regarding the theoretical squeeze. It's a cult over in superstonk and GME subs, can't get straight answers.

    The squeeze theory at it's core hinges on hedge funds needing to cover a massive short that includes millions of synthetic Gamestock shares. When it eventually must reconcile, the share price will moon to 5K, 50K, 500K etc. Per share. Some even believe a single share could reach millions of dollars. (!)

    My question I can't seem to get an answer to is: who actually pays this theoretical megafortune out? If billion or trillions are owed to cover, the hedgefunds go under. The market makers go under, and there's a domino effect. The US economy tanks. Is that the idea? Or the gov steps in for a bailout, which at this scale also would be a catastrophic event. Either way, what would the USD be worth in those scenarios, even if you had millions of it.

    Do apes truly believe the endgame is something like this? Or am I missing something...

    submitted by /u/werdsmther
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    Heatmap for 10SEP2021

    Posted: 10 Sep 2021 01:39 PM PDT

    A bulls-eye view of ATNF

    Posted: 10 Sep 2021 04:07 PM PDT

    A little about me

    I am a LT 180 Life Sciences bull, I enjoy when shorts are in pain, and my dick is bigger than yours. I only post about ATNF and I don't work for the company. If you can't handle my awesomeness, move along. As awesome as I am, it's possible I've unintentionally made some mistakes below, and I am including some speculation. If you find a mistake, let me know and I'll either fix it or tell you to suck a lemon, depending primarily on whether I like your face. Invest at your own risk, do your own DD if you want to know more, and take this for what it is: a bulls-eye view on 180 Life Sciences.

    History

    Marlene Krauss has been in the SPAC game from way-back (the 90's) and has had four SPACs. The fourth one became 180 Life Sciences, which was a very complicated SPAC, because it merged three companies, on three continents, with subsidiaries in a bunch of countries, into one company. Marlene screwed the pooch on this, legal costs ran up, and everybody started suing each other. The end result of this mess was that Marlene had to liquidate some of her shares in the merged company and step down as CEO, the stock price tanked (late 2020), a new CEO came in to right the ship, and the company has had to raise money twice since the merger (both times in a private placement). The company is now in full compliance with Nasdaq (after paying a penalty for not getting their complicated financials sorted out on time), the lawsuits are almost all settled for shares (there is still one outstanding lawsuit related to the merger), and we're sitting on enough cash to fund operations and planned clinical trials into 2023.

    As shitty as this merger went, Marlene is a merger-machine in the world of biotech. She knows a merger-target when she sees one and has been behind many mergers as either a company officer or as an angel investor.

    - 930m merger of Achillion into Alexion

    - 233m merger of Corixa into GSK

    - 200m merger of Lumenos into Wellpoint (she founded this one)

    - 500m merger of Ista into Bosch and Lomb

    - 475m for PneumRx by BTG

    - ??? for Remon into Boston Scientific

    - ??? for Scandius into Covidien

    Management

    ATNF's management is truly exceptional in both their scientific expertise and merger experience. The CEO (Woody) and two of the co-founders (Feldman and Steinman) were key parts of the development of Remicade and the 4.9b merger of Centocor into JNJ. Another co-founder (Rothbard) sold his previous biotech (Amylin) to BMY for 5.4b. Rounding out the luminaries is the "godfather of cannabis" (Mechoulam), who discovered THC, and rising star, Jagdeep Nanchahal, who might be about to "crack-the-code" on organ fibrosis by way of his work on Dupuytren's Disease.

    The pipeline

    The pipeline is composed of three different platforms: 1) Early intervention therapy for fibrotic diseases using Anti-TNF, 2) synthetic cannabinoid analogs (SCA's) for pain and inflammation, and 3) some other shit that very early stage and we don't know much about.

    In the anti-TNF platform, the idea is to take an existing, approved, and well-tolerated drug (Humira) and repurpose it for the treatment of Dupuytren's Disease, Frozen Shoulder, Post-Operative Cognitive Disorder and NASH. All of these treatments are covered by patents, owned by ATNF, long into the future. But that's just the start, because they're also working on a biomarker (Collagen VI) to detect the early onset of fibrotic conditions (such as those effecting the heart, lungs, kidneys, and liver) in order to prevent the onset of disease using Anti-TNF therapy.

    In the SCA platform, the idea is to create bioactive compounds in the lab that attach to cannabinoid receptors in the body, giving you some of the side-effects of smoking dope without getting high. Munchies are good for people with appetite problems, right? But yeah, it' might also be good for pain, inflammation, ADHD, and wet-mouth (it's an epidemic). SCA's are better than trying to isolate natural compounds from dope because they allow for consistent manufacturing without using up a bunch of crop land (it's less wasteful and more targeted).

    Key upcoming catalysts

    - Start of Phase 2 frozen shoulder study in Q3 2021

    - Publication of results for phase 2b/3 Dup study in Q4 2021

    - Patents for Collagen VI biomarkers for organ fibrosis and expansion of platform

    - Patents for the SCA platform (at least one candidate compound has been identified; HUM-217) and more details/expansion of the platform

    - FDA feedback on Dup study

    - Start of Phase 2 POCD study in Q2 2022

    - Selling/licensing the Dup patents to Abbvie (this funds the future and means no capital raises)

    Valuation

    ATNF has a market cap under 200m (184m as I write this), which is a joke. Dupuytren's Disease alone is a 5b addressable market. The valuation should be closer to 1b right now (~5x the current price), but short be shortin'. Down the road, the sky is the limit. A 5b valuation seems more than possible in a couple years (~25x the current price).

    Risks

    This is a speculative biotech play. There are no guarantees that the company will be able to monetize their kick-ass science. With respect to the Dup study, it's the largest clinical study ever conducted on Dup, but it's being done in the UK, not the USA, so the FDA hasn't weighed in on it, we don't know what they're going to think about it, and we might need to do another Dup study in order to get the treatment approved in the USA. We're probably a few years away from any meaningful income, so there's going to be another money-raise at some point, but probably not until at least the second half of 2022. Abbvie might invent their own method of treating Dup and tell us to go cry in a corner.

    Where to find more information

    https://180lifesciences.com/

    https://frugalnorwegian.com/

    r/ATNF

    Stocktwits

    ​

    Edit: I forgot about the warrants as I was writing this. There are warrants, so if the price goes up, and hold those gains, the company can cash in the warrants and avoid a capital raise in 2022 into 2023. Given that we're so undervalued, with lots of catalysts coming, this seems likely.

    submitted by /u/RelationPure306
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    What’s wrong with leveraged funds? The graph speaks for itself

    Posted: 10 Sep 2021 11:30 AM PDT

    $AFRM Affirm and Buy Now Pay Later companies are all major movers. My options have been paying nicely. $30k to $130k+ in two weeks. Many fintechs have just been crushing as well. Anyone playing with Affirm, LC, or SOFI?

    Posted: 10 Sep 2021 07:28 AM PDT

    Wells Fargo Fined $250 Million for Problems in Its Mortgage Business. Two main areas: charging improper fees for rate-lock extensions in mortgage lending and selling unnecessary insurance coverage to auto-loan customers. Overcharges typically over $1,000 a policy, for unnecessary insurance coverage.

    Posted: 10 Sep 2021 01:41 PM PDT

    Semiconductor/Chip Industry- where do you see the major growth in the next 5 years? The “expert investors” seem very divided on this one… would love some help

    Posted: 09 Sep 2021 09:13 PM PDT

    Here is a Market Recap for today Friday, Sept 10, 2021

    Posted: 10 Sep 2021 02:19 PM PDT

    PsychoMarket Recap - Friday, September 10, 2021

    Stocks extended their streak of underperformance, with the three major indexes falling once again for the fifth consecutive day of losses, one of the worst weeks for equities all year. The S&P 500 (SPY) closed the day 0.78% down, closing out the week 1.57% down. The tech-heavy Nasdaq (QQQ) also closed the day 0.78% down, closing the week out 1.3%. The Dow Jones (DIA), which primarily weights financial, industrial, and energy stocks, closed the day 0.75%, closing the week 1.91% lower. The Russell 2000 (IWM), which tracks the performance of small-caps, continued its roughly year-long streak of underperformance, falling 0.97% and closing the week 2.53% lower. All year, IWM has been trading between a range of $210 and $235, unable to break out, compared to the more than 15% year-to-date gain by the SPY. Market participants remain concerned with the surge in the coronavirus Delta variant and the potential negative impact it could cause the economy.

    First off, in geopolitical news, President Biden spoke with Chinese President Xi Jinping for the first time in months. Afterward, Bloomberg reported that the Biden administration was considering investigating Chinese subsidies and their effect on the US economy. Marc Chandler, Chief Market Strategist at Bannockburn Global Forex, said "The Sino-America relationship is in disrepair and today's call does not seem to change this. The US appears to list actions it wants China to take, while China's demands seem minimalist, quit demonizing it and respect its red lines. Yet its red lines strike at the very heart of international order, such as its claims on most of the South China Sea and its aggressive provocative actions in the region." This also comes amid extremely intense regulatory pressures by the CCP on Chinese tech stocks, many of which have an American listing.

    In other news, new economic data showed that prices paid by producers for materials once again rose last month, once again highlighting the strain that stills exists as supply-side pressures and labor market shortages once again push inflationary readings higher. This report shows that, despite the pandemic surging once again, demand by consumers remains red-hot and continues to outstrip manufacturing capacity, causing shortages, which, as basic economics shows, pushes prices higher. The producer price index for final demand rose 0.7% last month after two straight monthly increases of 1.0%, the Labor Department said. The gain was led by a 0.7% advance in services following a 1.1% jump in July. A 1.5% increase in trade services, which measure changes in margins received by wholesalers and retailers, accounted for two-thirds of the broad rise in services. Goods prices jumped 1.0% after climbing 0.6% in July, with food rebounding 2.9%. In the 12 months through August, the PPI accelerated 8.3%, the biggest year-on-year advance since November 2010, though one has to take into account this number is inflated due to easy comparisons to last year, given the absolute collapse of prices during the height of the pandemic before the vaccine existed. Economists had forecast a rise of 0.6% on a monthly basis and 8.2% on a yearly basis, basically in line with reality.

    Mike Loewengart, Managing Director at E-Trade Financial, said of the PPI, "Anyone who has bought pretty much everything recently knows that supply chain issues are widespread and inflation is real, so this won't be too much of a surprise for the market. Keep in mind we're still in the transitory period where the Fed is not inclined to budge of easy money policies."

    Now, this is absolutely massive news and will have huge consequences in the market moving forward, especially for companies who derive a large percentage of their revenue through the Apple Store. Today, a judge in California sided with Epic Games and issued Apple a permanent injunction against their App Store policies. This move opens the door for developers to offer customers third-party payment options that do not force developers to pay Apple's 15-30% commission. Stocks like Roblox (RBLX), Bumble (BMBL), Zynga (ZNGA), and Spotify (SPOT) sharply gapped up after the announcement. I cannot stress how big this is, in 2020 Apple made $73 billion in revenue from the commission on App purchases.

    Unfortunately, a summer that began with plunging coronavirus cases nationwide and real hope that the worst of the pandemic was behind us as the effective vaccination drive began is instead drawing to a close with the US firmly in throes of the pandemic once again, due to the highly contagious Delta variant.

    This weekend, hospitalizations were roughly 300% higher than Labor Day weekend in 2020, according to data from Johns Hopkins University. The surge in patients comes as the highly contagious Delta variant continues to spread across the US, and coincided with a weekend that saw a spike in travel. According to the Transportation Security Administration, more than 3.5 million people traveled across the country on Friday and Saturday for the Labor Day holiday, despite the Centers for Disease Control and Prevention's recommendation for unvaccinated people to refrain from traveling.

    Highlights

    • Peloton (PTON) shares gapped up after the company announced it was launching an apparel brand. It's probably gonna be the same sort of clothes that are sold in Lululemon (LULU).
    • The crackdown in China continues… This time, regulators of video game companies execs to focus less on profits and implement controls to prevent video game addiction. Companies were "urged to break from the solitary focus of pursuing profit or attracting players and fans.
    • Russian Cybersecurity firm Yandex (YNDX) said it successfully repelled the biggest distributed denial-of-service (DDoS) attack in history. This comes just after American company Cloudflare (NET) repelled the previously largest DDoS attack on Aug 19. The Yandex attack was 22 million requests per second, while Cloudflare's was 17.2 million requests per second. Cybersecurity is becoming ever more important as attacks become more complex and powerful.
    • The Italian Data Authority asks Facebook (FB) to provide clarifications on the use and function of the smart glasses to gauge whether the product is compliant with privacy laws. Like I said yesterday, I think the glasses are a bad product, don't see any use for them apart from very niche uses, like live-streaming. Not even to mention FB's absolutely appalling record when it comes to data privacy (remember Cambridge Analytica?)
    • Sales of cars in China fell for the fourth straight month amid the global shortage in semiconductors that have forced automakers across the globe to slash production.
    • Elon Musk sent an email to Tesla employees asking them to "go super hardcore" to make up for production challenges to "ensure a decent Q3 delivery number." The CEO also said, "This is the biggest wave in Tesla history, but we got to get it done." I hope they get it done, still waiting on my Model 3 :(
    • **Please note that current stock price was written during the session and may not reflect closing prices*\*
    • Accenture (ACN) with two target raises. Stock currently around $341
      • Morgan Stanley from $330 to $380 at Overweight
      • Bank of America from $324 to $379 at Buy
    • Shares of Affirm (AFRM) gapped up 34% after the company absolutely demolished earnings and raises guidance. Also received a host of target upgrades, with average price target being $140 at Buy.
    • Caesars Entertainment (CZR) target raised by Cowen from $120 to $125 at Outperform. Stock currently around $104
    • Danaher (DHR) target raised by Bank of America from $340 to $360 at Buy. Stock currently around $330
    • Lululemon (LULU) target raised by Argus from $416 to $500 at Buy. Stock currently around $425
    • Palo Alto Networks (PANW) with two target raises. Stock currently around $470
      • Royal Bank of Canada from $475 to $525 at Outperform
      • BMO Capital Markets from $480 to $525 at Outperform
    • QuantaServices (PWR) target raised by Cowen from $110 to $130 at Outperform. Stock currently around $115
    • Zscaler (ZS) with a host of target raises after beating earnings. Average price target $320 at Buy. Stock currently around $270.

    "To Bear Trials with a Calm Mind Robs Misfortune of its Strength & Burden" - Seneca

    submitted by /u/psychotrader00
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    Bought Google in my Roth IRA initially because it was a cool company and a "verb", then bought two more shares the next month because it dipped. My family and friends thought I was crazy to buy a stock that was over $500 a share. Buy and hold can work wonders.

    Posted: 10 Sep 2021 11:10 AM PDT

    HighTide outperforms the big names in the industry on a daily, weekly and monthly basis.

    Posted: 10 Sep 2021 02:09 PM PDT

    Indian stock market situation right now.

    Posted: 10 Sep 2021 02:42 PM PDT

    $ATER TECHNICAL ANALYSIS NOTES

    Posted: 10 Sep 2021 05:47 PM PDT

    $ATER TECHNICAL ANALYSIS NOTES

    THE RESULT OF EMA10+EMA30 CROSS FROM MY PREVIOUS POST:

    https://preview.redd.it/e1ldngqytrm71.png?width=1680&format=png&auto=webp&s=387110d21a5f43dbb00c7f811aa6ad2d55d1b0f4

    https://www.reddit.com/r/StockMarket/comments/pkjt5i/ater_ta_shorts_have_a_big_problem_no_strength_to/?utm_source=share&utm_medium=web2x&context=3

    +28% IN 2 DAYS !! :

    9.21 --> 11.80

    THERE ARE OTHER INDICATORS I AM STUDYING FOR THE NEXT WRITE UP. KEEP A WATCH FOR "$ATER SHORTS HAVING "MOTHER BAR" PROBLEMS PT2", WHICH MAY BE OUT SUNDAY.

    HAVE A GOOD WEEKEND TO ALL!

    submitted by /u/bctrader06
    [link] [comments]

    Wall Street Week Ahead for the trading week beginning September 13th, 2021

    Posted: 10 Sep 2021 05:33 PM PDT

    Good Friday evening to all of you here on r/StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning September 13th, 2021.

    Markets brace for hot consumer inflation report in the week ahead - (Source)

    Investors are paying close attention to any reading on inflation these days, and the consumer price index will be the big one to watch in the coming week.

    The latest snapshot of the economy comes just a week before the Federal Reserve's important September meeting. At that meeting, the Fed is expected to discuss more details about its plan to taper down its bond buying program, or quantitative easing.

    Market professionals say a hotter inflation reading could speed up the Fed's plans to slow the $120 billion a month in bond purchases. The paring back of its asset purchase program would be the Fed's first major step away from the easy policy it put in place to combat the pandemic.

    The consumer price index is expected Tuesday, and there is retail sales data is released Thursday. They are expected to show consumer prices jumped at a 5.3% annual pace in August, according to the consensus estimate from FactSet, while the consumer continued to pull back from the high spending levels of earlier in the year.

    Hot CPI

    "If the CPI is hotter than expected, it could make the difference between a September announcement for tapering or waiting to November," Bleakley Advisory Group chief investment officer Peter Boockvar said.

    Economists expect CPI to rise at a 0.4% pace month over month. The report comes after August's producer price index — which was released Friday — showed a jump of 8.3% year over year, due in part to supply chain constraints.

    https://i.imgur.com/3ia6fMl.png

    The Fed's formal announcement about tapering its bond-buying program, also called QE, is widely expected in November or December. Many of those who had expected a September announcement pushed back their time frame to later in the year after August's employment report showed just 235,000 jobs added, about 500,000 less than expected.

    "Certainly the trend has been for the inflation number to come in above expectations. I think if that happens again, it will feed the narrative that high inflation is going to stick. Obviously, it's an issue for the bond market if it's viewed at all as accelerating the timing of the QE tapering, and or accelerating the timing of the first rate hike," CIBC Private Wealth U.S. chief investment officer David Donabedian said. That would be a negative for stocks.

    "If markets have an inflation mutiny here and there's volatility as a result, they could move it up to September," Donabedian said of the Fed's taper announcement. "But I think there's kind of a one in four likelihood in my view."

    Stagflation?

    That combination of higher inflation and slower spending, particularly after August's weaker jobs report, has spurred talk about the threat of stagflation. Those worries have also increased as economists ratchet back growth forecasts for the third quarter to a still high level just above 5%, from above 6%.

    "I'm more about the 'flation' side of it than the 'stag.' I think the economy is going to perform fine right through next year," Donabedian said. He said the slowdown in consumer spending after stimulus checks had boosted retail sales earlier in the year is not surprising and may be just a "short-term warning."

    "We had this explosive growth in retail sales early in the year as a direct result of stimulus payments and vaccines coming and a burst of consumer optimism. It's really settled down now," he said. "There was an enormous amount of liquidity and saving and they spent what they spent out of that extra amount of savings and you're going through a bit of a retracement here, which is why you're seeing economists mark down their third quarter estimates. Consumer fundamentals are pretty good."

    Barclays chief U.S. economist Michael Gapen said he expects the CPI report to show that inflation is peaking, just as the Fed has said. But he says the slowing trend is not just an issue for consumer spending. It is also showing up in business spending and housing.

    "With where labor markets are, August was a bit of an egg. But growth in employment has been solid on average, very robust over the course of the year," he said. "Even though employment disappointed in August, hours and and earnings were still pretty good. There's income there for consumers to spend. We're looking at this as a short-term hiccup."

    Gapen said third-quarter economic growth may be somewhat slower than expected. However, he said some of the lost growth could show up in the fourth quarter.

    "It has some characteristics of stagflation, but true stagflation is rising unemployment and rising inflation. We don't have that," he said. "These are bottlenecks that are kind of constraining the pace of the recovery and lead to higher inflation. Demand isn't the problem right now. Supply is. The unemployment rate is still coming down and employment is improving. It has the whiff but I wouldn't call it stagflation."

    https://i.imgur.com/tjC3emB.png

    Donabedian expects higher prices and shortages to continue into next year, as supply chains keep getting disrupted. Some companies, including PPG and General Electric, have already commented on how they see issues with supplies stretching into 2022. Donabedian expects to see more warnings ahead of the third-quarter earnings season.

    Stocks were lower this week, with the S&P 500 losing 1.7% to 4,458. The closely watched 10-year Treasury yield has held above 1.3% and was at 1.33% on Friday.

    A number of strategists expect to see the stock market pullback during the typically choppy September and October period. Some say the Fed's September meeting could be a catalyst, especially if the central bank sounds particularly hawkish.

    https://i.imgur.com/IP5Vq9T.png

    "We're up over 30% in 2019, over 18% last year and over 21% in the first months of this year," Donabedian said. "These are unsustainable rates or return. ...Our takeaway is it's going to get tougher from here. Valuations are somewhat extended and this whole incredibly supportive policy framework is going to get a little less friendly."

    Now watch Congress

    Donabedian said it will be important to watch discussions in Congress as it begins to put details around the infrastructure spending and what type of tax increases will be proposed to pay for it.

    "They're going to start to fill in the blanks on where the money is going to be spent and what taxes and tax rates are going to be written into the legislation," he said. "It's the overall corporate tax rate, it's the tax on foreign earned income, capital gains rates and dividend tax rate. These are big investor related issues."

    He said the market has been ignoring the tax issue. "Those sort of issues went quiet over the summer but it's back full bore over the next two weeks. It will get a lot of attention."

    The tax decisions could have big implications for corporate earnings, which have been a big driver of the stock market's gains. "One very direct way that could go wrong is if you get a large set of tax increases that go into effect in 2022. That's a direct hair cut," he said.

    This past week saw the following moves in the S&P:

    (CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

    S&P Sectors for this past week:

    (CLICK HERE FOR THE S&P SECTORS FOR THE PAST WEEK!)

    Major Indices for this past week:

    (CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

    Major Futures Markets as of Friday's close:

    (CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

    Economic Calendar for the Week Ahead:

    (CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

    Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    S&P Sectors for the Past Week:

    (CLICK HERE FOR THE CHART!)

    Major Indices Pullback/Correction Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Major Indices Rally Levels as of Friday's close:

    (CLICK HERE FOR THE CHART!)

    Most Anticipated Earnings Releases for this week:

    ([CLICK HERE FOR THE CHART!]())

    (T.B.A. THIS WEEKEND.)

    Here are the upcoming IPO's for this week:

    (CLICK HERE FOR THE CHART!)

    Friday's Stock Analyst Upgrades & Downgrades:

    (CLICK HERE FOR THE CHART LINK #1!)
    (CLICK HERE FOR THE CHART LINK #2!)
    (CLICK HERE FOR THE CHART LINK #3!)
    (CLICK HERE FOR THE CHART LINK #4!)

    Beige Book Decelerates As Delta Impact Widens

    Earlier this week, the Federal Reserve updated its twice-quarterly qualitative assessment of the economy based on conversations with business contacts across the twelve regional districts. For each Beige Book release, we apply a natural language processing algorithm to assess the relative frequency of positive versus negative words, giving us a quantitative comparison of Beige Books over time. As shown in the chart below, our index of Beige Book activity has fallen from record levels recorded back in June to elevated but much more modest levels in September. That's consistent with the Fed's description of "moderate" growth thanks to the impact of the Delta variant.

    (CLICK HERE FOR THE CHART!)

    In the second chart below, we show the relationship between GDP growth and our Beige Book Index from above. As shown, the current reading of our index equates to GDP growth of a bit less than 4% YoY. But keep in mind that extreme base effects are still driving wild YoY GDP readings. With that in mind, the Beige Book Index appears to be showing above-trend but decelerating growth, when accounting for base effects of the extremely low GDP reading from Q2 of 2020.

    (CLICK HERE FOR THE CHART!)

    Most Heavily Shorted Stocks

    Over the course of 2021, we have seen some aggressive short squeezes, resulting in turmoil for certain financial institutions and millions in profits for some retail traders. The "reddit army" has gone after multiple stocks, most notably Game Stop (GME) and AMC (AMC). Let's dive into the 25 companies in the Russell 3,000 currently with the highest short interest as a percentage of float. Of these 25 companies, only 8 have experienced positive returns in 2021, and 6 have seen their share price half. Since GameStop peaked in late January, 20 of the companies on this list have lost value, and 9 have seen their equity trade down by 50%. Since AMC's peak in early June, 7 companies have seen price appreciation, and zero have seen their value decrease by 50%.

    (CLICK HERE FOR THE CHART!)

    The average short interest as a percentage of float for the entirety of the Russell 3,000 is 3.46%, but certain sectors have much higher proportional short interest than others. Consumer Discretionary, Health Care, and Real Estate have the highest, while Utilities, Financials, and Consumer Staples have the lowest. High levels of short interest is a sign of negative investor sentiment, but certain sectors will consistently have higher figures due to the riskiness of their business models.

    (CLICK HERE FOR THE CHART!)

    To dive deeper, let's look at the average short interest in each industry. Retail, Pharma & Biotech, and Consumer Services have the highest levels, while Banks, Tech Hardware, and Utilities have the lowest levels. The average short interest in the retailing industry is more than three times higher than that of banks for companies in the Russell 3,000.

    (CLICK HERE FOR THE CHART!)

    Although there are many exceptions to the rule, in 2021 equities with higher short interest have generally underperformed the remainder of the Russell 3,000. The average return for equities with short interest between zero and ten percent were higher than that of equities with 33%+ short interest.

    To support this, let's undergo a decile analysis. The stocks in the top 20% in terms of short interest have significantly underperformed the rest of the Russell 3,000 since GME hit its highs. While the equities in the bottom 20% of short interest have averaged a 22.23% return since January 27th (GameStop's top), the top 20% of most heavily shorted stocks have declined by 1.40% on average.

    (CLICK HERE FOR THE CHART!)

    Largest 25 Stocks in the S&P 500, Now vs 20 Years Ago

    Yesterday, we took a look at the makeup of the S&P 500's largest 25 companies in 2021 and compared it to that of 10 years ago. Today, we will be extending the study to 2001, twenty years ago right before the 9/11 attacks. On the day before 9/11, the sectors with the largest number of components in the top 25 in terms of market cap were Consumer Staples, Health Care, Technology, Financials, and Communication Services. While all of these sectors still hold a spot in the current top 25 list, the makeup has shifted substantially. Energy and Industrials, which each accounted for 8% of the top 25 companies in 2001, now have zero representation in today's list. Consumer Staples also reduced its count from five to two.

    (CLICK HERE FOR THE CHART!)

    Only four companies that made up the list of top 25 names in September 2001 remain on the list today. Those four companies are Microsoft (MSFT), J&J (JNJ), Walmart (WMT), and Pfizer (PFE). The average return of these four equities, excluding dividends, is 221.81% with a median of 129.58%. While the turnover of this list has been high over the last 20 years, every member of this list is still in operation today, but two have been undergone mergers (Time Warner & Royal Dutch Petroleum). Interestingly enough, the members of this list have approximately the same proportionate makeup of the S&P 500, with only a 1.89% increase in the weightings of the top 25 stocks now relative to September 2001.

    (CLICK HERE FOR THE CHART!)

    The US economy today is far different than it was in 2001. As it has changed, some companies have adapted and experienced massive growth, while others have been left in the dust. Apart from the two companies that are no longer independently publicly traded, the average return of the 25 largest companies from 2001 is 92.94% with a median return of 49.08%. Over that same period, the S&P 500 has returned 310.61%.

    (CLICK HERE FOR THE CHART!)

    September Seasonal Pattern: Weakness After Mid-Month

    September is the final month of the third quarter and historically it is essentially tied with August as worst month of the year. Since 1950, September is ranked last for DJIA, S&P 500, NASDAQ (since 1971) and Russell 1000 (since 1979). Small caps, measured by the Russell 2000, have fared slightly better, but historical average performance is still negative. Over the last 21 years, September has generally opened tepidly with mixed performance depending on index with Russell 2000 often rising the most through mid-month. However after mid-month, any gains have tended to fade quickly and turn into losses by month's end. Sizable losses in 2001, 2002, 2008 and 2011 weigh heavily on average performance.

    (CLICK HERE FOR THE CHART!)

    September quarterly option expiration week: S&P 500 up 13 of last 18

    September's option expiration week is up 59.0% of the time for S&P 500 since 1982. DJIA and NASDAQ have slightly weaker track records with gains 53.8% of the time and 56.4% of the time respectively. However, the week has suffered several sizable losses. The worst loss followed the September 11 terrorist attacks in 2001. In the last eighteen years, S&P 500 and NASDAQ are tied for best record during September's option expiration week, up thirteen times. Friday had been firm with all three indices advancing every year 2004 to 2011, but S&P 500 has been down eight of the last nine since.

    (CLICK HERE FOR THE CHART!)

    What Could Happen The Rest of the Year to Stocks and Bonds?

    This week in the latest LPL Market Signals podcast, Ryan Detrick and Lawrence Gillum discussed global central bank policy, recently weakening economic data, and where stocks and bonds could go the remainder of this year.

    In today's blog we will focus on their discussion on stocks and bonds.

    The S&P 500 Index was up more than 20% by the end of August for the first time since 1997 and it has made a new high every single month this year so far (9 for 9). Incredibly, it made 53 new highs before August was over, the most ever. Any way you slice it, this year is historic for the bulls.

    The catch (and there's always a catch) is the S&P 500 hasn't pulled back 5% all year, with the last 5% pullback last October. Not to mention September is the worst month for stocks the past 10 years, 20 years, and since 1950.

    But history says that great starts to a year tend to see continued strength the final four months. "Looking at the previous top 10 starts to a year ever, the final four months have gained eight times," explained LPL Financial Chief Market Strategist Ryan Detrick. "So should we see any seasonal weakness, we'd use it as an opportunity to buy before likely continued strength."

    As shown in the LPL Chart of the Day, 2021 ranks as the 6th best start to a year ever. The previous top 10 best starts to a year averaged a return of 4.0% the rest of the year, with a very solid median return 5.4%.

    (CLICK HERE FOR THE CHART!)

    Turning to bonds, we continue to expect higher yields due to the growth and inflation outlook, with a target of 1.75% on the 10-year treasury yield by year end. This of course could pressure bonds, as they trade inversely with yields.

    From a portfolio point of view, we would keep overall interest rate sensitivity muted and favor mortgage-backed securities and short- to intermediate-maturity investment grade corporates. As a result of our higher rates call, we suggest being underweight longer maturity high grade corporates or long-term treasuries, which are more sensitive to rising rates. So sum it up, taking a more of a defensive posture as it relates to interest rate sensitivity makes a lot of sense the remainder of 2021.

    Also, the potential this week for a European Central Bank (ECB) announcement on tapering could push European yields higher, which in turn could push U.S. yields higher as well.

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 10th, 2021

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 9.12.21

    ([CLICK HERE FOR THE YOUTUBE VIDEO!]())

    (VIDEO NOT YET POSTED.)

    Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-

    • (T.B.A. THIS WEEKEND.)
    ([CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!]())

    (T.B.A. THIS WEEKEND.)

    ([CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!]())

    (T.B.A. THIS WEEKEND.)

    Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

    Monday 9.13.21 Before Market Open:

    (CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Monday 9.13.21 After Market Close:

    (CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 9.14.21 Before Market Open:

    (CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Tuesday 9.14.21 After Market Close:

    (CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 9.15.21 Before Market Open:

    (CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

    Wednesday 9.15.21 After Market Close:

    ([CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Thursday 9.16.21 Before Market Open:

    ([CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Thursday 9.16.21 After Market Close:

    ([CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Friday 9.17.21 Before Market Open:

    ([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    Friday 9.17.21 After Market Close:

    ([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())

    (NONE.)

    (T.B.A. THIS WEEKEND.)

    (T.B.A. THIS WEEKEND.) (T.B.A. THIS WEEKEND.).

    (CLICK HERE FOR THE CHART!)

    DISCUSS!

    What are you all watching for in this upcoming trading week?

    I hope you all have a wonderful weekend and a great trading week ahead r/StockMarket. :)

    submitted by /u/bigbear0083
    [link] [comments]

    $ATER 09/10 TECHNICAL ANALYSIS QUICK RECAP

    Posted: 10 Sep 2021 02:45 PM PDT

    $ATER 09/10 TECHNICAL ANALYSIS QUICK RECAP

    +55.79 % since my post from 2 days ago !! Check my history.

    Did you read this article before the market open? Did you see where the support levels were and the targets for today? Did you look at the volume? Is there anyone who tried going against this trend? https://www.reddit.com/r/ATERstock/comments/plhy7h/ater_0910_technical_analysis_strategy/?utm_source=share&utm_medium=web2x&context=3

    Well, let's compare pre- and post-market charts:

    Pre-market

    ​

    Post-market

    So, lined up as expected correct? ALSO, LOOK AT THE VOLUME INFLOW !! THAT IS NOT NORMAL!! THE 50DAY AVERAGE LINE SITS WAY BELOW.

    Why fight the trend? MORE IMPORTANTLY, HOW WILL SHORTS FIGHT THIS VOLUME ?

    I will go into more detail in a follow-up post to "$ATER SHORTS HAVING MOTHER BAR PROBLEMS" this weekend. Keep a look out for more analysis.

    submitted by /u/bctrader06
    [link] [comments]

    HITI High Tide inc. Upcoming earnings Sept14th! They grew Rev. 99% Q2 expected to remain strong growth Q3 Q4 to infinity! Flying under Radar! Time is running out before this Gem Flexes! Glta��

    Posted: 10 Sep 2021 11:46 AM PDT

    Help with new investor?

    Posted: 10 Sep 2021 07:06 PM PDT

    Yo, I am very VERY new to any investing. I just turned 18 and I am very eager to get into investing into stocks and crypto. Mainly stocks because that's just more reliable, but still, I'm gonna invest into some crypto. I wanna invest my stocks through Robinhood and I have a few I'm interested in. I'm interested in Apple, Microsoft, and Tesla primarily. For crypto, I'm probably gonna try and stick to Bitcoin for now. I am not interested in trading stock or crypto. I just wanna know when to buy! I need to know because I don't wanna enter at a horrible time and just get screwed lol. Also, I want to know if crypto is good long term. I know stocks are generally reliable long term, but I'd like to invest in both, be able to check on them, but not have to trade and sell constantly. But yeah, any help is incredibly appreciated.

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

    Thinking on giving up

    Posted: 10 Sep 2021 03:02 PM PDT

    First of all english is not my native language so apologise in advance for any mistake.

    I have been trading since around October of 2018. I live in Europe so I started using CFD's (Contract for diference) . I blew up a 6k account on a couple of month betting against theSP500 on December 2018, big error.

    Since then I have read maybe 30 books about the stock market, options, psicology, investing and wharever thing I thought would be usefull to make money and control my emotions. I have tryed many strategys and back tested many things. I have been working really hard to fulfill the dream of making money in the market.

    2.019 was a year of learning and traying a lot of things and basically tried to control my emotions in the market, trying to do a good money management and follow and strategy. 2.019 was basically a flat year for me, neither profit nor lost.

    2.020 was really strange year for me. I was 100% focused on options and following "Unusual Option Activity" I was able to double my account in just 7 month with this strategy but then, because my bad psicology and money management I lost basically all the profits in just one month. I felt totally stupid. I am not trading Unusual Opt. Activity anymore because is very demanding for my poor brain and I don't have much time for that kind of strategy.

    2.021 is beeing okay so far, my account is up 35%, nothing crazy but I am happy with that. I am doing more swing trading, more long term investing and basically no options (some covered call some time). I do a good money management most of the time.

    I love the market but it is driving my crazy. I feel like I am not going anywhere and I am really thinking about giving up. Adding everything I am still losing 2k since I started in 2018. I managed to recover everything and earn some money in a couple of occasions but I lost it again.

    I know 6k or 2k is not money. Nowadays I have a bigger account but I am not talking about that, I think I would be still losing money with a million dollar account.

    So what should I do? Should I keep trying? Maybe I am a real retarded and the best thing I can do is give up and enjoy my life doing other things. Maybe I need a rest? I am a bit lost and a frustrated today. Any help or advice is more than welcome! Thanks.

    submitted by /u/KangarooReady6430
    [link] [comments]

    What do you guys think of charge point right now?

    Posted: 10 Sep 2021 02:57 PM PDT
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