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    Thursday, November 4, 2021

    Home Unlabelled Stock Market - Been noticing that Ford's stock is doing better each day. I'm wondering how much longer this going to trend upward?

    Stock Market - Been noticing that Ford's stock is doing better each day. I'm wondering how much longer this going to trend upward?

    November 04, 2021

    Stock Market - Been noticing that Ford's stock is doing better each day. I'm wondering how much longer this going to trend upward?

    Been noticing that Ford's stock is doing better each day. I'm wondering how much longer this going to trend upward?

    Posted: 04 Nov 2021 12:53 PM PDT

    Preliminary data on illegal naked short selling is in: ~7M shares as of October 15th. This is in addition to the 8.1M shares officially short as reported by Nasdaq. We are committed to combating this. Outstanding ATER shares 41.57M

    Posted: 04 Nov 2021 03:37 PM PDT

    Cathie Wood’s Ark Dumps 3.9 Million Zillow Shares

    Posted: 03 Nov 2021 11:49 PM PDT

    Nvidia is up because there will be increased demand for Gpu's and chip companies. INTC is releasing competing GPU's in Q1 2022 and doest have a 110 P/E (only 9.7 P/E). Seems like exposure with less downside risk.

    Posted: 04 Nov 2021 11:04 AM PDT

    Peloton shares fall 24% as company posts wider-than-expected loss and slashes full-year outlook

    Posted: 04 Nov 2021 02:45 PM PDT

    Thoughts on this "ETF"?

    Posted: 04 Nov 2021 07:35 PM PDT

    IRS announces 401(k) limit increases to $20,500

    Posted: 04 Nov 2021 06:32 PM PDT

    BNTX waiting for explosive Q3 earnings on Nov 9th. MRNA missed revenue and earnings, brought BNTX down with it. MRNA had production delays, BNTX took the demand. BNTX delivered in Q3 more doses (840 million) than MRNA will in all of 2021 (700-800 million). Am I crazy or is the market crazy?

    Posted: 04 Nov 2021 12:40 PM PDT

    Here is a Market Recap for today Thursday, Nov 4, 2021

    Posted: 04 Nov 2021 06:07 PM PDT

    PsychoMarket Recap - Thursday, November 4, 2021

    The good times keep on rolling! The remarkable rally in the S&P 500 (SPY) and tech-heavy Nasdaq (QQQ) continued, which each index recording fresh intraday highs the day after the Federal Reserve's decision to being tapering the pace of quantitative easing as the US economy reaches the "substantial progress" benchmark outlined by the Fed back in December 2020.

    As was widely expected and extensively talked about on these recaps, the Fed announced it would begin tapering the pace of quantitative easing this month. As a reminder QE is one of the most powerful tools the fed has to help underpin the economy and financial markets during times of stress or crises (like the pandemic). Since last year, the Fed had been running QE at a clip of $120 billion per month. That pace will now begin to slow.

    The Fed said in a statement, "In light of the substantial further progress the economy has made toward the Committee's goals since last December, the Committee decided to begin reducing the monthly pace of its net asset purchases by $10 billion for Treasury securities and $5 billion for agency mortgage-backed securities.

    Specifically, the Fed said it would begin reducing its asset purchases this month by a total of $15 billion, and then by another $15 billion in December, but said the outlook for the pace of tapering in the future would depend on "changes in the economic outlook." Fed Chair Jerome Powell also reiterated his prior stance that the ultimate end of the tapering process next year would not automatically signal the start to interest rate hikes.

    New weekly jobless claims came at a fresh pandemic-era low, with further improvements in the labor market coming as companies continue to compete to attract and retain workers amid elevated demand. New jobless claims came in at the lowest level since March 2020 at the beginning of the coronavirus pandemic. Here are the numbers:

    • Initial unemployment claims, week ended October 30: 269,000 vs. 275,000 expected and a revised 283,000 during prior week
    • Continuing claims, week ended October 23: 2.105. million vs. 2.147 million expected and a revised 2.239 million during prior week

    Highlights

    • NVIDIA (NVDA), my absolute favorite stock in the market, was on fire today, up double digit gains to cross $300 for the first time and topping $750 billion. This is the next $1 trillion stock IMO. The surge happened due to Wells Fargo raising price target $330, citing the metaverse as a major growth contributor
    • According to a report by the Wall Street Journal, Hertz and Tesla (TSLA) are working out how quickly the rental car company can receive its 100,000 cars delivered

    https://www.wsj.com/articles/hertz-will-have-to-wait-for-teslas-just-like-other-buyers-11636028622?st=pgmbhcmxarriey5&reflink=article_copyURL_share

    • Ford Motor (F) said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for "green" bonds to help it finance new electric vehicles and expand credit to customers with lower scores.
    • Britain could speed up a move to make the executives of big techs firm criminally liable for harmful content on their platforms if they do not take action to tackle the problem, Digital Minister Nadine Dorries told lawmakers on Thursday.
    • Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests.
    • Google said on Thursday it plans to allow third party payment systems in South Korea in order to comply with a new law that bans major app store operators from forcing software developers to use their payments systems.
    • **Please note that current stock price was written during the session and may not reflect closing prices*\*
    • Albemarle (ALB) target raised by Oppenheimer from $296 to $307 at Outperform. Stock currently around $272
    • Booking (BKNG) with a host of target raises. Average price target $2900 at Buy. Stock currently around $2435
    • Costco (COST) with a host of target raises. Average price target $550 at Outperform. Stok currently around $515
    • CVS Health (CVS) with a host of target raises. Average price target $110 at Buy. Stock currently around $95
    • Electronic Arts (EA) with four target raises. Stock currently around $143
      • Robert W Baird from $1170 to $175 at Outperform
      • Credit Suisse from$175 to $177 at Outperform
      • Rayond James from $177 to $185 at Outperform
    • Generac (GNRC) with two target raises. Stock currently around $450
      • Citigroup from $520 to $560 at Buy
      • Argus from $475 to $510
    • Humana (HUM) with a host of target raises. Average price target $500 at Outpeform. Stock currently around $450
    • Nio (NIO) target raised by Deutsche Bank from $60 to $70 at Buy. Stock currently around $43
    • NVIDIA (NVDA) target raised by Wells Fargo from $245 to $320 at Overweight. Stock currently around $305
    • Paycom (PAYC) target raised by KeyCorp from $475 to $575 at Overweight. Stock currently $512
    • Qualcomm (QCOM) with a host of target raises. Average price target $185 at Buy. Stock currently around $156
    • SolarEdge Technologies (SEDG) with two target raises. Stock currently around $350
      • Truist from $340 to $395 at Buy
      • BMO Capital Markets from $357 to $390 at Outperform

    "The greatest glory in living lies not in never falling, but in rising every time we fall". -Nelson Mandela

    submitted by /u/psychotrader00
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    Another green day in the market today

    Posted: 04 Nov 2021 02:00 PM PDT

    I need a reset button...why ocgn ����‍♂️����‍♂️��

    Posted: 04 Nov 2021 03:55 PM PDT

    After Predicting An October Crash, 'Rich Dad Poor Dad' Author Robert Kiyosaki Declares His 'Love' For Bitcoin

    Posted: 04 Nov 2021 08:55 AM PDT

    American Airlines delays employee vaccine mandate deadline until 2022 after Biden postpones deadline

    Posted: 04 Nov 2021 03:14 PM PDT

    New semiconductor manufacturing plant TSM coming to the US. Is this bullish?

    Posted: 04 Nov 2021 04:17 PM PDT

    I've been investing for about a year but has been mostly is cryptos. I have stocks in some EV companies and retail companies and now trying to expand my portfolio. Semiconductor stocks and tech stocks are on a rise and due to the chip shortage currently going on most likely aren't going anywhere. I have a couple shares I bought recently in TSM already and currently sitting on about 1k I want to invest. I'm thinking about buying more due to the company starting a new semiconductor plant being built in March. This would open a whole new market for the company and be competition to other semiconductor plants. What are your opinions on this and does this new semiconductor plant have a promising future?

    submitted by /u/Flat-Summer9054
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    99.9 utilization $PROG can ������ #1 Short squeeze score on #fintel. #ortex data is crazy! https://t.co/4IhHzn0Zse

    Posted: 04 Nov 2021 01:41 PM PDT

    Hydrogen fuel cells

    Posted: 04 Nov 2021 03:26 AM PDT

    Now the EU is pushing to reduce CO2 at heavy vehicles

    • from 2025 onwards: 15% reduction
    • from 2030 onwards: 30% reduction

    I think H2-fuel cell companies are going to boom (5-10 years from now).

    Ballard & Bloom energy are one of the leading but Canada and USA based. What do you guys think of European manufactures like SFC Energy or others?

    [ BLDP ] ; [ BE ] ; [ F3C ]

    Source:

    https://ec.europa.eu/clima/eu-action/transport-emissions/road-transport-reducing-co2-emissions-vehicles/reducing-co2-emissions_en

    https://ec.europa.eu/energy/topics/energy-system-integration/hydrogen_en

    submitted by /u/ps_ftw
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    Fed’s Taper Time Might Fuel End-Of-Year Stock Surge

    Posted: 04 Nov 2021 07:01 AM PDT

    As expected, the Federal Reserve announced Wednesday that it will start tapering bond purchases later in November.

    Background: Since the start of the pandemic, the Fed has been purchasing about $80 billion in treasury and mortgage-backed securities every month. Now that the pandemic-driven economy has changed, there have been calls for the Fed to slowly reduce these monthly purchases.

    Details: The Fed said that it will reduce its monthly purchases by $15 billion in November, another $15 billion in December, and is expected to continue this for the following months. Interest rates will remain unchanged, for now.

    Investment Outlook: Stocks performed well after the announcement on Wednesday. Long-term, investors are bullish that tapering could fuel an end-of-year surge. The tapering might help small-cap stocks, but it might hurt growth tech stocks.

    Final Thoughts: Even with the taper, the Fed still has a big balance sheet.

    Hope you enjoyed this commentary. Please subscribe to Early Bird, a free daily newsletter that helps you identify investment trends: https://earlybird.email/

    submitted by /u/MrComedy325
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    Google’s unsurprisingly surprising $1 billion CME deal

    Posted: 04 Nov 2021 03:55 PM PDT

    When the PE shiller reaches 40, watch out below.

    Posted: 04 Nov 2021 07:47 AM PDT

    NerdWallet shares soar 48% in trading debut

    Posted: 04 Nov 2021 09:14 AM PDT

    Thoughts on $NIO - about to fly?

    Posted: 04 Nov 2021 05:02 AM PDT

    Here's Your Daily Market Brief For November 4th

    Posted: 04 Nov 2021 05:56 AM PDT

    📰 Top News

    • S&P 500 Futures are +.16%; Dow Futures are +.02%; NASDAQ Futures are +.32%
    • US stock futures move higher after the Fed announced it will reduce monthly asset purchases by $15b per month due to progress on inflation and labor markets. Note: Jerome Powell emphasized that tapering doesn't equal higher rates in the near future
    • In the US, the House is expected to vote on an updated version of President Joe Biden's $1.85T spending package and $1T infrastructure bill. After months of discussion, Democrats added back some benefits such as paid family leave, work permits, and updated tax deductions. Note: Democrats wants to announce a "win" in the party after disappointing results from the governor's race in New Jersey and Virginia
    • There appears to be an increase in defense and military interest across the world. China is expanding its nuclear weapons faster than originally expected and intends to have ~1k nuclear warheads by 2030. Separately, the EU wants to create a military task force by 2025 that can be deployed without a unanimous decision across member states
    • The global chip shortage appears to be easing up. Qualcomm, a major semiconductor manufacturer, said it's having an easier time finding enough supply to meet demand. Note: Despite this, it does expect constraints to continue into the 2nd half of 2022

    🎯 Price Target Updates

    • Raymond James raised Costco COST price target from $490 to $540
    • Raymond James raised Electronic Arts EA price target from $177 to $185
    • Deutsche Bank raised NIO NIO price target from $60 to $70

    📻 In Other News

    • Meme stocks such as BBBY, GME, AMC, and BB appear to be rallying again
    • ARK Invest sold over 4M shares of Zillow after they scooped up shares on Tuesday's dip
    • Fisker, an EV startup, is on track to release its first product at the end of 2022
    submitted by /u/hivincentc
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