Stock Market - Investing is a long term game. Whilst we won't become rich overnight if we think in decades it can certainly help us to retire early and achieve time and financial freedom |
- Investing is a long term game. Whilst we won't become rich overnight if we think in decades it can certainly help us to retire early and achieve time and financial freedom
- John Oliver episode I watched tonight(july ep)
- Bitcoin vs Gold vs S&P500
- The Man Who Lost $20 Billion: Bill Hwang from Archegos?
- Jeff Bezos hinted that Amazon was overvalued during the dot com bubble.
- Teetering property developer Evergrande sparks contagion fears for China's economy. Company with $300 billion US debt load poised to miss key interest payment Monday
- No China bailouts and big volatility shock in US markets?
- $ATER TECHNICAL STRATEGY FOR WEEK 9-20
- How to Play the Current Market Drop
- $LIFE is staying on my watchlist after printing this daily flag consolidating, I will keep a close watch tomorrow for a push to 11.50, 12, and 13.
- 'Ghost kitchens' boom in Asia as new lockdowns rise with new wave of infections ($JK)
- BIG Correction INCOMING!?! ��
- Impending Doom?
- Keep it simple
- U.S. Homeland Security Signs $1.36M Contract with Coinbase
- Bitcoin Miners Huge Potential
- TQQQ 3X Leveraged Nasdaq question
- RXRX had prior support turned resistance and now we are coming back to that resistance again 29.50 area, just reclaimed 20 SMA will watch for the follow-through move and push over 29.50 and 37.00
- $SUNL
- $DMAC Oppenheimer Summit Mon-Wed��
- Looking for a solid buy and hold? $ISEE might be the pick for you. Thank me later.
- Calculating EPS on Yahoo Finance - What am I missing?
- What To Ask A Potential Investment Advisor That You MIGHT Hire
- Fam, screenshots from Fintel showing $SDC short sellers stuck in losing positions from the 16th and prior after Friday's run up.���� Huge Retail interest still for the stock meaning more buying pressure which shorts don't like.�� Treat as swing trade. You're welcome.
| Posted: 19 Sep 2021 03:32 AM PDT
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| John Oliver episode I watched tonight(july ep) Posted: 19 Sep 2021 03:02 AM PDT
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| Posted: 19 Sep 2021 11:23 AM PDT
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| The Man Who Lost $20 Billion: Bill Hwang from Archegos? Posted: 19 Sep 2021 05:48 PM PDT The Man Who Lost $20 Billion in Two Days Is Lying Low in New Jersey About 15 miles from midtown Manhattan, the head of Archegos is groping for answers in the wake of one of the biggest debacles in Wall Street history. He sits on the porch in a white plastic chair, a swing set out back, the lawn freshly mowed. Here in suburban Tenafly, 15 miles from midtown Manhattan, few would guess that this unassuming figure is none other than Bill Hwang — the man who just lost more than $20 billion. "Billion with a B?" gasps a neighbor down the block, when told of the epic blowup at Hwang's Archegos Capital Management. Yes, billion, with a B, as shocked lenders can attest. Four months after Archegos rocked global finance, bankers and federal authorities are still sifting through the wreckage. The liquidator who mopped up after Lehman Brothers has now come for Archegos. Some colleagues have turned on Hwang; others hope he'll bankroll hedge funds that might yet rise from the ashes. U.S. prosecutors are asking questions, too, including the big one: Was all of this another spectacle of Wall Street greed and hubris, or was it something worse? Credit Suisse Group AG, staggered by a $5.5 billion blow, says it was likely deceived by Hwang's family office. Hwang is groping for answers of his own. He amassed one of the world's great fortunes in virtual secrecy — and then lost it, very publicly, in a blink. In the easeful heat of this summer morning, he's awaiting a call with a retired U.S. general who, he hopes, might provide some counsel. He's dressed like your average American soccer dad: teal shirt, blue cargo pants, Adidas slides. He has a pad of paper and a pen handy. An 8-ounce plastic bottle of Poland Spring water stands on the white plastic table which, like the chair, could have come from Costco. At hand, too, is a Christian pamphlet — a testament to the faith that's guided Hwang as he made dangerous bets in the markets and was even charged with insider trading in the past. The title is Armor of God, a reference to Ephesians 6:11 — "Put on the full armor of God, so that you can take your stand against the devil's schemes." Hwang is relaxed, self-deprecating and reflective in a brief conversation, but declines to discuss the Archegos fiasco or his next steps. He's been lying low here in New Jersey, in this tidy borough of 15,000, beyond The Palisades cliffs that rise above the Hudson River. He is not exactly a Wall Street Napoleon exiled to Elba: Hwang has lived here for years, in the same house, with cobwebs in the eaves and hedges out front. A Mercedes sits in the driveway. "Black Lives Matter" signs dot neighbors' manicured lawns. Homes on this tree-softened street tend to sell for a few million dollars — a modest price, for a billionaire. It's difficult to square Hwang's mostly unglamorous life here with the portrait of him that has emerged over the past few months. By all accounts he eschews the trappings of extravagant wealth. At the Tenafly Classic Diner, where the "NJ Sandwich" goes for $6.95, the servers say he's been known to stop by, but haven't seen him lately. More recently he's been chauffeuring his family around town, in between coping with one of the biggest debacles in Wall Street history. Credit Suisse provided the first official peek into the flameout. A 172-page autopsy, released publicly on July 29, exposed a litany of management failures at Credit Suisse. But the embattled lender also says "it seems likely that Archegos deceived CS and obfuscated the true extent of its positions, which Archegos amassed in the midst of an unprecedented global pandemic." This account also hints at a shift in Hwang's strategy that has baffled outsiders. Archegos had grown rapidly by making huge bets on established FAANG stocks — blue-chip U.S. technology companies. But by last year, it was plowing money into risker bets like ViacomCBS and several U.S.-listed Chinese stocks, some of which had been targeted by short sellers. When the banks began dumping Hwang's portfolio, these shares tumbled. And a more recent crackdown by the Chinese government has further decimated many of Hwang's favored bets. For Hwang's family office, now comes the inevitable: liquidation. Only months ago, it boasted holdings — built on borrowed money — valued at more than $120 billion. Today, everyone is lining up for the scraps. The person handling the liquidation is David Pauker, the specialist who stepped in after Lehman failed during the 2008 financial crisis. More recently Pauker worked on the restructuring of Steinhoff International Holdings, the South African furniture retailer that nearly collapsed after an accounting scandal in 2017. He declined to comment on pending matters. Across the river from Tenafly, at Hwang's midtown Manhattan office, his landlord is suing Archegos for unpaid rent. Like building owners citywide, real-estate giant Vornado Realty Trust — run by billionaire Steven Roth — has been stung by the pandemic. It's trying to recoup $159,165.55 from Archegos. Hwang's 38th-floor offices in the building across from Carnegie Hall have mostly been emptied, and his Christian charity, the Grace and Mercy Foundation, has decamped to a cheaper 22nd floor in the same building. The foundation had more than $600 million in assets as of 2019, according to its most recent tax filings. It had even more money in early 2021, according to a person familiar with the matter. The size of Bill Hwang's fortune remains uncertain. Former employees have been grousing that while they've been wiped out, Hwang, through private investments and other holdings away from Archegos, could still be a billionaire. One such investment was the seed money he poured into four of Cathie Wood's exchange traded funds that have exploded in popularity thanks to their market-beating returns. Banks are haggling with Hwang's team to figure out the size of his remaining wealth and whether they can claw back any of it. Credit Suisse has said it will seek to recoup money from Archegos and its related entities and individuals. The Swiss bank also flagged in its findings that Hwang's firm took out more than $2 billion in excess margin from its account with the lender in the days before the collapse. The Department of Justice has been moving ahead with a probe into the blowup. At least one line of questioning has revolved around the communication between Hwang's top associate Andy Mills and the lenders, and whether he may have misled them in the week of the crash, according to a person interviewed by prosecutors. "The assertion that Andy Mills or anyone at Archegos misled the banks during the week of March 22 is untrue in every respect," a spokesman for Archegos said. The Archegos debacle has fractured ties between Hwang and some former colleagues, who are fighting to recoup deferred compensation that was tied up with the firm. Part of their annual bonuses — which amounted to about $50 million — was invested alongside Hwang and rocketed in value with his portfolio, people familiar with the matter said. They want Hwang to carve out cash from money he may have set aside elsewhere. One of Archegos's employees has put his home in Manhattan and another on Long Island up for sale, according to real-estate listings. Despite everything, Hwang is trying to push forward. He's investing his remaining money, and occasionally crossing the Hudson to catch dinner at a New York restaurant. He spends spare hours as he has for much of his adult life: praying, reading Christian-themed literature, and listening to recordings of the Bible. He's recently been reading "The Screwtape Letters" by C.S. Lewis, looking for guidance to navigating the current troubles. A satirical epistolary novel, the book features the demon Screwtape writing letters of advice to his nephew, Wormwood, who is trying to win the soul of a young man. Others are trying to move on too. Hwang has promised to throw his weight, if not his money, behind at least three funds being launched by protégés. Hwang named his firm Archegos, an ancient Greek word for leader or author, a reference to Jesus. The names of two of the new funds reflect the cataclysm at Archegos. One is Red Ember Capital and the other is AriseN Partners. [link] [comments]  | ||
| Jeff Bezos hinted that Amazon was overvalued during the dot com bubble. Posted: 19 Sep 2021 03:44 PM PDT
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| Posted: 19 Sep 2021 06:32 PM PDT Property developer China Evergrande Group is teetering on the brink of collapse, weighed down by a giant debt load and billions of dollars in real estate it can't sell as quickly or as profitably as anticipated. While trouble has been brewing for a year, it's coming to a head now, as the conglomerate missed one loan payment in June and more are expected. Evergrande's offices were the site of angry protests this week, and things could get even uglier on Monday when the company is likely to miss another key interest payment to its increasingly concerned financiers. Evergrande's possible collapse is sparking fears that it could take other parts of China's housing market down with it — and impact business interests outside China, too. What is Evergrande?Founded in 1996 in the Chinese city of Shenzhen, across the border from Hong Kong, Evergrande is mostly a property developer whose core business is buying up land and turning it into residential real estate. Company founder Hui Ka Yan is a former steel worker who rode China's 21st-century real estate boom to a fortune that was at one point last year worth $30 billion US, good enough for the title of third-richest man in China. The company has built more than 1,300 housing developments in 280 cities in China, with plans for another 3,000 projects underway in various cities across the country. But like any good conglomerate, it has expanded into all sort of other businesses, including bottled water and food, electric vehicles, theme parks, a Netflix-like streaming service with almost 40 million customers — and even a professional soccer team. Why is it in trouble?
In late 2020, new rules that brought more scrutiny to the company's finances revealed higher-than-expected debt loads. That, coupled with mounting construction delays, spooked buyers, setting up a vicious cycle. The company began its descent to pariah status as lenders and buyers lost their nerve in lockstep with each other. Every attempt by Evergrande since then to distract from its problems only served to draw more attention to them. Lenders became more and more unsettled. Existing owners got upset. New sales slowed, which created a feedback loop that got lenders even more jittery. What could happen?A number of bleak B words are on the table — bankruptcy, breakup, buyout or bailout — and none of them are ideal. Is there an impact outside China?Not much, directly, although Evergrande does have assets in Europe and North America — including the ritzy Château Montebello resort in Quebec — but the company's woes are nonetheless a cautionary tale for people everywhere. Full Article: https://www.cbc.ca/news/business/china-evergrande-explainer-1.6179508 [link] [comments]  | ||
| No China bailouts and big volatility shock in US markets? Posted: 19 Sep 2021 03:15 PM PDT Been reading through some really interesting thoughts on Twitter posted in previous threads about Evergrande. If these guys turn out to have a point, this would all seem to be coming together. First let me disclaimer with I've not fact checked this. I assume these guys know a lot more than me I'm posting it here to let others know, offer my simplified TLDR of the main points and if anyone wants to post counter-arguments to their points you're welcome to. Concept One There'll be no bail outs. What's happening in China is not an "Oops". The Chinese RE market has been subject to all sorts of fuckery going on on it for a long time and has become a large percentage of the GDP. Companies like Evergrande are on the verge of going bust even although they're not reported a single loss, ever. This is because losses have been hidden on balance sheets as assets in the form the properties - but these properties can not be sold, in reality these companies hold nothing but liabilities. The CCP have noticed this and they've set out rules to stop this for becoming an uncontrollable explosion somewhere down the line. Dictated leverage caps and various other things that are going to curb the growth of this industry (Stop the bubble). This is not Lehmen-esk in that a surprise happened and the question becomes what will the response be - this is a result of something the CCP has already done. China can not and will not bail out Evergrande because it has recognised that an uncontrollable bust will come later down the line if they do not engineer a controlled one now. China may backstop housing prices to prevent losses to investors, but they will let the overleveraged and under-capitalised companies fail. Allowing for a strong base to be left of those who succeed. Concept 2 This thing of having on-paper "Assets" of trillions of dollars that are really worthless is not contained to Evergrande. It's a broad issues across the Chinese market. The Chinese market is hugely overleveraged and all of the perceived value of the industry is mainly down to sly tricks and creative accounting - not real growth, and certainly not functional demand. Most of the properties are empty. What we're seeing in Evergrane now is just a glimpse into what we're due to see in other RE companies. Concept 3 An event like this in China can create a volatility shock in US markets. Causing prices to move faster, faster moving prices causing more hedging against deep OTM put options and this having a self-reinforcing effect causing capitulation risk in the US markets. This sequence of events would build up to a Black Swan event. [link] [comments]  | ||
| $ATER TECHNICAL STRATEGY FOR WEEK 9-20 Posted: 19 Sep 2021 06:11 PM PDT
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| How to Play the Current Market Drop Posted: 19 Sep 2021 11:51 AM PDT Several times this year SPY has broken through the lower end of its' upward sloping channel. On 1/29, 3/4, 6/18, 7/19 the price fell below the SMA 50 on the daily chart, and closed below it. Each time SPY bounced back the following day, reestablishing the 50 as a major line of support for the ETF. After the next day closed above support, the market continued on to establish a new ATH. Will that happen on Monday? We will soon find out, but I certainly hope it doesn't. If SPY continues to drop, it will be the first time this year that a break of major support had continuation. At that point, 436 and 431.78 become the next two targets for a major breach. Either way - do not anticipate a move, wait for confirmation before acting on it. In other words, don't start buying calls or going long on /ES futures thinking you can predict a bottom. You can't. It will become clear when SPY has established support and it's ready to rebound. Here's what you should be doing though - making your list of stocks that are gaining strength ahead of SPY. Stocks like UPST, ETSY, and DASH have all been pushing upwards during this market decline. The next list should be of stocks that that are currently holding major support areas (MSFT, FB, and AMZN for example) - these stocks have been dragged down by a bearish market trend, but also have been able to hold support (unlike AAPL which broke through). When SPY finally does finds support, this is your opportunity for some high probability trades. An opportunity you do not want to waste by trying to get ahead of it. This means that the first thing you will need to do is, be patient. This is much harder to do than it sounds of course. You'll see SPY bouncing back up and watching the stocks on your list bounce up with it. At this point you might think, "I am missing it, I need to get in now!". No you don't. Wait. Make sure the market isn't just chopping around, and then getting ready for another leg down. Much like it did from Monday - Thursday of last week. When the market finally begins to reverse it will be clear - and it is at this point you want to start putting on Put Credit Spreads, Call Debit Spreads, Straight Calls, and Long Stock among those tickers you have been watching. For example - let's say the market continues to drop and heads down to 431 (SMA 100), where it stabilizes and then begins to bounce back upwards. At the same point you notice that AMZN is resting on it's SMA 100 around 3400. As the market starts to go back up, so will AMZN, most likely recapturing its SMA 50 (3450). You could do a Put Credit Spread of 3395/3390 for 3 weeks out and probably get a credit of roughly $1.50 for it, which is a 43% ROI. You'll have two major lines of support above your short strike, giving you a lot of cushion on this trade. You could also do a Call Debit Spread ATM of 3455/3460 for a debit under $2.50, as well. Your risk is defined by your debit, which is less than 50% of the distance in the strike prices. Perhaps MSFT dropped down to $292, right on its SMA 50, and is also showing Relative Strength to SPY - if so you can do a one month out ITM calls with a delta of .7 or higher (probably a strike around $270). Make sure you aren't too heavy into any single sector, and you have stocks like MCD and AMAT in your list as well. What you want is to have several bullish plays ready to go across various sectors, and when you see SPY once again push upwards, you should be aggressively pulling the trigger on these trades. Again - not until you have confirmed that SPY has found support. Drops like these provide the best buying opportunities but so often people are either unprepared for them or jump in too early. Last Thursday (9/16), I saw many traders assume that the drop was over given the previous pattern on SPY and as such they started executing a number of bullish swing trades, including Calls on SPY. Needless to say, on Friday their accounts took a serious hit. Why? Because SPY did not confirm a reversal, just consolidation. There are several areas of horizontal support/resistance for SPY, downward sloping trendlines you can draw on the daily chart, and major SMA's to guide you - it should not be unclear to anyone when SPY reverses. On Thursday, the market breached none of these lines - so there was no reason to get bullish on it. Obviously these drops provide excellent Day Trading opportunities - on Friday for example, ZM began to go up around noon (est) as SPY continued to chop around, indicating Relative Strength to the market. At 2pm (est), that strength is confirmed with SPY dropping and ZM holding its' bid. That ticker provided several excellent Day Trading entries and exits throughout the day. UPST and ETSY were similar. In fact, days that SPY is bearish give you the best insight into stocks that are strong against the market and ready to really go once that get a tailwind behind them. Many short-term traders shy away from price action like this on SPY and that would be a mistake. Day Trade these drops with strong stocks, Swing Trade the reversal with high probability option plays. *Obviously you can and should Day Trade the reversal as well, but that is just a matter of looking for RS/RW as SPY is rebounding. **Also note that when I refer to Relative Strength I am not talking about RSI or Beta. There are several posts on RS/RW in r/RealDayTrading and in my post history if you are curious. TL;DR - These market drops provide the best swing and day trading opportunities, don't let them pass you by. [link] [comments]  | ||
| Posted: 19 Sep 2021 05:52 PM PDT
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| 'Ghost kitchens' boom in Asia as new lockdowns rise with new wave of infections ($JK) Posted: 19 Sep 2021 01:24 PM PDT The overwhelming demand for food delivery created by the COVID-19 pandemic has fueled the growth of "ghost kitchens," restaurants without dining rooms that serve food strictly for delivery. The US ghost kitchen industry has grown to at least 1,500 restaurants, according to research firm Euromonitor, and estimates the global market for ghost kitchens could surpass $1 trillion by 2030. Such companies successfully riding this trend include $GRUB $DASH $CMG $DENN $WMT $KR $CHUY $SBUX $DPZ $UBER $EAT $JK I want to talk about one of many ghost kitchen giants in South- East Asia that have been on my radar, which have said to prospectively grow into new territories. Let's talk about JustKitchen. JustKitchen ($JK, $JK.V, $JKHCF) is a Taiwanese based company founded in 2019, successfully listed in the Toronto Venture Exchange (TSXV) and OTC Markets. The company is primarily an operator of ghost kitchens specializing in the development and marketing of proprietary and delivery-only food brands for consumers. JustKitchen uses a hub-and-spoke operating model, combined with online and mobile application based food ordering carried out by third-party delivery companies like DoorDash ($DASH) and GrubHub ($GRUB). Analyst Cooper foresees continued growth for JustKitchen, with an expectation of $12.7 million in revenue for 2021, followed by a 193 per cent potential year-over-year increase to $37.2 million for 2022, followed by a potential 48.4 per cent year-over-year jump to $55.2 million for 2023. Below is a link for more info. https://www.cantechletter.com/2021/09/justkitchen-has-a-recipe-for-success-beacon-says/# Listed are their highlights:
Now, as infection rates are climbing around the world, governments are imposing new restrictions due to the new wave of the delta variant. This means high demand for food delivery, which in turn is a golden opportunity for the ghost kitchen industry to grow exponentially. I'm no financial advisor, but I can assume we'll see a spike in stock value for many of these companies in this sector. Personally I think this is a great investment potential, especially at it's dips. JustKitchen's stock already has a good buy rating, and a TP of 3.40 as shown on MarketScreener. IMO, buying one of the dips around 1.60 and holding till 3.40 looks like a great investment, and who knows how much the value could rise (higher than TP). Hope you all enjoyed my DD, let me know what you guys think. And of course do your own DD. Cheers. [link] [comments]  | ||
| Posted: 19 Sep 2021 07:14 PM PDT
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| Posted: 19 Sep 2021 01:22 PM PDT I have been looking and thinking very hard of a couple of catalysts which I fear could be catastrophic on the markets. It also seems mainstream media is not really digging into it very much and almost treating these two things as a passing storm... Supply Chain shortages The entire global supply chain is pretty much on its knees. Until a couple of weeks ago it was a lot about the container and shipping shortages, but the repercussions of raw materials and the impact on earnings across many industries is inevitable. I think it is hitting retail initially, moving on to manufacturing and other needed commodities, which will eventually hit top line and bottom line very hard in the upcoming few earnings. If you have nothing to sell, there is nothing to buy, means less income and the need to lower costs. The shipping industry is the blood veins of global trade, and with this completely blocked for what i perceive to be indefinitely, is going to be huge issue coming out of Q3 + Q4. Evergrande default in China Many people are wondering how this could affect Europe and North America. Well its simple in terms of the second biggest property developer in china (who have hundreds of assets bought at over inflated prices) will eventually leave most of its investors and creditors out of pocket for billions of dollars. The sub suppliers, employees and many others attached to this company will not be able to sustain the losses and potentially go bankrupt themselves. Many "wealthy" Chinese have investments outside of china and have been paying over inflated prices driving real estate up in many countries around the world (Canada as an example), and how to recoup their losses or pay off debt to avoid bankruptcy? Well maybe one quick way would be to reduce exposure in other countries to get hold of cash out quickly. Am I overthinking this, just want hear others thoughts..... have a nice Sunday! [link] [comments]  | ||
| Posted: 19 Sep 2021 09:04 AM PDT Compound Interest is incredible. I saved my first 10k and started investing 4 years ago, at 25 years old. I speed ran that up to 94k up until about 5 months ago, when it all fell apart. I turned that 94k into 45k in 3 months with highly leveraged bets gone wrong. I was pissed for about a month, all I could think about. But you know what 45k compounded at 30 years at 10% is? 800k That's without a single penny of additional contribution, my monthly income exceeds my monthly spending by about 250, so even investing just half of that back into the market is 1,040,000 with all the rest of the assumptions the same. I'm at 53k now in that account, and back to a cash only account. 27k IRA and 401k funds(not included in post). 31k I'm house principal paid off. Still over 100k in total assets. While by no means am I made for life, At 29 years old I can live a comfortable lifestyle, all because I started early. Though I came to this realization a few months too late, wealth accumulation is very simple. Start early, Make more than you spend, invest it, and enjoy your life. Unfortunately the most important part is that first part, but people often don't realize it until their 30s it seems. [link] [comments]  | ||
| U.S. Homeland Security Signs $1.36M Contract with Coinbase Posted: 18 Sep 2021 09:00 PM PDT
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| Posted: 19 Sep 2021 07:03 PM PDT I believe Marathon Digital Holdings (MARA) and and Hut 8 Mining (HUT) are great long terms buys. The thesis is simple they successfully leverage the capital markets to get low cost capital to get new mining machines, they both have capital to low cost power, and they committed to HODLing their Bitcoin. The companies are very transparent with their monthly operations reports MARA - Mined 469.6 BTC in August as Total Bitcoin Holdings Grow to 6,695 HUT - Mined 326 BTC in August as Total Bitcoin Holdings Grow to 4,450 Both companies have ordered additional bitcoin miners to increase the hash rate and ultimately get more Bitcoin. I also believe the bitcoin price over the next 5-10 years will go up significantly. Cathie Wood has said multiple time she's expects a $500k bitcoin. If this is the case, these companies have a chance to grow more than 50x (higher bitcoin price x more Bitcoin held) within the next 10 years. Long term hold for at least 1 to 2 more halving cycles is what I'm thinking. What do you think of MARA and HUT? Sources: https://youtu.be/BJAyepcRAmU [link] [comments]  | ||
| TQQQ 3X Leveraged Nasdaq question Posted: 19 Sep 2021 07:12 AM PDT Dear fellow investors. A few years ago I stumbled upon TQQQ. Seeing the massive returns it was having, I digged and studied the subject, doing quite a good amount of DD on it. My conclusione were essentally 3: 1) TQQQ returns aren't real as it gets rebalanced daily and doesnt work as long term investment. 2) If the market falls 33%, you get wiped out. This kind of Crash already happened three times in the last 20 years. 3) People on some websites and forum were saying that, cause losses weight much more than gains, it was virtually impossible to make money with TQQQ. Therefor, I decided to do not invest in it. However lately I keep seeing youtubers, people and twitter and Reddit pointing out how amazing this etf is, that it has averaged a 55% return since 2010 and that they do not understand why people do not go all in on it. They say that 1) Returns are real. If you invested 1000 dollars in 2010 they would be worth 86.000 today. 2) You cant get wiped out as market never crashes 33% in a day cause it gets halted, and if it Fall 33% overall you do not get wiped out as loses compound inversely as gains. 3) Invest in TQQQ is much better and profitable than ANY stock picking, etf or strategy on the market. Where is the truth? I do not understand. Anyone invested in it for like 3-5 years and can report their experience? Thank you [link] [comments]  | ||
| Posted: 19 Sep 2021 05:34 PM PDT
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| Posted: 19 Sep 2021 09:38 AM PDT $SUNL - When fundamentals, TA, and short interest all point in 1 direction, up. $SUNL presents a great opportunity for fundamental, momentum, and squeeze investors alike. They finance solar panels, and count Tesla as a customer - yes, the golden child of WSB. I could tell you about what I think about the company, and possible upside - but id rather present the facts and let you guys use this as you will. This is a recent de-spac, and I believe it to be unfairly punished due to the spac deterioration over the last 6 months. Here is some surface level summary via Simply WallSt : https://simplywall.st/stocks/us/diversified-financials/nyse-sunl/sunlight-financial-holdings#about Now lets look at estimates. Per Simply WallST the far value is over 2x todays price. With most PT's ranging from 12$ - $14. https://simplywall.st/stocks/us/diversified-financials/nyse-sunl/sunlight-financial-holdings#about Some interesting info regarding institutional ownership. As you can see, many of the top investors loaded the truck at these discount prices: https://app.tikr.com/stock/ownership?st=shareholders&cid=311552575&tid=1673675405&ref=mb8ph5 https://app.tikr.com/stock/ownership?st=shareholders&cid=311552575&tid=1673675405&ref=mb8ph5 Might as well check on growth estimates, right? Break out the skis, because we have a big-ass slope! They plan to grow exponentially. https://simplywall.st/stocks/us/diversified-financials/nyse-sunl/sunlight-financial-holdings#about Beautiful balance sheet: https://simplywall.st/stocks/us/diversified-financials/nyse-sunl/sunlight-financial-holdings#about Oh yeah, did I mention that execs (CFO, COO, & CEO) bought a combined 170,000 shares in the last few weeks. http://www.openinsider.com/search?q=sunl Sexy gap up to about $7.50, MACD looking good, momentum/volume building. https://stockcharts.com/h-sc/ui?s=SUNL IV (Implied Volatility) shot up last week, with only a small price jump. Yellow bars denote call volume, blue puts. As you can see the volume is almost completely bullish. I believe this bodes well for us. Via Market Chameleon (can't post link). Now we get to the interesting part. Ortex, as well as Finviz (pictured below) shows that it has 40%+ short float, but other sources say its closer to 11. I believe it is 11, but at the end of the day it has little affect. If the short interest is low, price should move up to close gap. If short interest is high, then eventually true fair value will be found. https://finviz.com/quote.ashx?t=SUNL I believe we are moving towards a leg up sooner than later + this is picking up steam on financial - twitter. Bull and Bear opinions welcome, would love some info if you have any! EDIT: Ortex - https://www.reddit.com/r/BreakoutStocks/comments/pqo6vf/sunl_ortex_data/?utm_source=share&utm_medium=ios_app&utm_name=iossmf [link] [comments]  | ||
| $DMAC Oppenheimer Summit Mon-Wed�� Posted: 19 Sep 2021 04:37 PM PDT
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| Looking for a solid buy and hold? $ISEE might be the pick for you. Thank me later. Posted: 19 Sep 2021 03:18 PM PDT
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| Calculating EPS on Yahoo Finance - What am I missing? Posted: 19 Sep 2021 04:32 AM PDT This might be a dumb question or may have already been asked elsewhere but couldn't find it. I'm looking at Yahoo Finance's EPS they listed for their stocks. Let's take Tesla for example. The current ttm EPS they have listed is 1.90. Fair enough. When I take the ttm net income they have listed of 2,150,000,000 and divide it by the shares outstanding they have listed of 1B, this gives me an EPS of 2.15. Is this a rounding error or am I an idiot? I know fornsure both these figures are rounded figures. Even it is a rounding error, would they not calculate the EPS from the very figures they are providing us? Rounded or otherwise? Thanks in advance. [link] [comments]  | ||
| What To Ask A Potential Investment Advisor That You MIGHT Hire Posted: 19 Sep 2021 02:34 PM PDT I know many of you reading this are DIY investors, and that is absolutely great! For some of you, it might make sense now or later down the road to consider pursuing an Investment Advisor/Financial Advisor. I myself, work for a Boutique RIA firm as a portfolio manager, and am in no way soliciting my business, but instead, I put together a list of questions to use as a guide for the "Interview Process". Before I get into it, my recommendation if you choose to hire an Advisor, make sure they are a Fee-Only Fiduciary, this is usually the most transparent type of advisor out there. This can protect you from being sold crappy investment products that put money in your advisors pocket that likely aren't best suited for you. 1. Tell me about your qualifications and experience? You NEED to know how long your advisor has been in the industry and what education and designations they have. The CFP, CFA, and CPA are some of the most prestigious and well-recognized designations that an advisor can have. 2. What problems can you solve and what services do you provide? Financial advisors can perform a multitude of different functions, so finding the one that fits your needs and has the expertise you are looking for. You want an advisor is isn't just one-dimensional (i.e. only selling insurance products) but rather can offer many different types of advice like real estate, equities, alternatives, etc. 3. Who else stands to gain from the services you provide me? You want a clear understanding of any other third parties that aim to benefit off the services your potential advisor is giving you. Advisors that sell a certain product, mutual fund, or policy typically have a pre-arranged relationship that usually comes in the form of compensation when providing these products. 4. Have you ever been professionally disciplined? FINRA, CFA, state agencies, and CFP boards keep records on the disciplinary history of candidates and advisors. You should verify with these entities if your potential advisor has ever been reprimanded or professionally disciplined. 5. How secure are your services? Cybersecurity is a serious issue, so you want to make sure what systems your advising company has in place, how the information is store, what software partners they are working with, and ultimately how is your sensitive data being stored. At the end of the day, the Financial Advisor is going to have a lot of your personal financial data, so you just want to make sure how secure it really is. 6. How much control do I have over decisions made? FAs have different scopes of ability and services. Some have complete discretion and control over the account with no client input, while other FAs serve as more of an educator and the client does have a lot of input. If you are looking for someone to make all the investment-management decisions for you, then find an advisor that can serve in that capacity. If, on the other hand, you are more of a DIY type investor, find an advisor that can serve as a second set of eyes while still giving you the ability to pick what securities or investment vehicles to include in your portfolio. 7. How are you getting paid? For any reputable FA can answer this question. There isn't one right answer for the fee structure that is best for you, but you definitely want one of transparent. There are so many types of fee structures, so try to understand how your FA actually gets paid. 8. Ask him or her to explain a concept to you This allows you an opportunity to see their ability to communicate effectively. A large part of the financial planning process comes in the delivery of the plan itself. Choosing an advisor who can not only develop a comprehensive financial plan but also deliver it in a way that is well understood. Below are five concept-oriented questions to consider asking:
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| Posted: 19 Sep 2021 02:16 PM PDT
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