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    Stock Market - Even this guy knows $1170 is unrealistic

    November 01, 2021

    Stock Market - Even this guy knows $1170 is unrealistic

    Even this guy knows $1170 is unrealistic

    Posted: 01 Nov 2021 09:46 AM PDT

    What do I do with my losing positions? I have a really hard time closing losses.

    Posted: 01 Nov 2021 12:22 PM PDT

    Zillow has listed a staggering 93% of the hundreds of Phoenix homes it owns at a loss

    Posted: 01 Nov 2021 12:38 AM PDT

    $TSLA��$HTZZ

    Posted: 01 Nov 2021 02:55 PM PDT

    Its a long term investment, not a short term play

    Posted: 01 Nov 2021 03:36 PM PDT

    Finally cracked 30k. Stocks only go up, right?

    Posted: 01 Nov 2021 01:39 PM PDT

    Facebook whistleblower Haugen says Fuckerberg should step down as CEO

    Posted: 01 Nov 2021 03:27 PM PDT

    Here is a Market Recap for today Monday, Nov 1, 2021

    Posted: 01 Nov 2021 02:43 PM PDT

    PsychoMarket Recap - Monday, November 1, 2021

    The S&P 500 (SPY) and tech-heavy Nasdaq (QQQ) continued their remarkable rally to once again reach new intraday record highs, with equities carrying on momentum from a record-setting October. Market participants continue to be encouraged by the stronger-than-expected start of the Q3 corporate earnings season, with companies posting robust results despite ongoing supply-side disruptions and labor market imbalances. Looking ahead, market participants are waiting for the Fed's monthly meeting minutes, set to be released later this week, where I expect the Fed to officially start the tapering process, and the October jobs report, which is expected to show a pick-up in hiring after two disappointing months in a row.

    According to a report by LPL Financial, November has been the best month for equities since 1950.

    Though some of the heavily weighted index components from last week had disappointed against consensus estimates — with both Amazon and Apple shares dropping after posting weaker-than-expected results and guidance — other stronger results helped offset these misses, with names including Alphabet and Microsoft rallying to record levels on the heels of their respective reports.

    On Tuesday and Wednesday, the Federal Reserve will meet for its monthly policy-setting meeting, which is followed by a statement and press conference by Fed Chairman Jerome Powell. This meeting is expected to either announce or concretely set the stage to being tapering the pace of quantitative easing which has been running at a clip of $120 billion per month. Last month, the Fed announced that amid improving economic data, the process would begin before the end of the year and would come to an end around mid-2022.

    Given the market has been anticipating the start to tapering for months now, speculation around when the Fed will make a move on interest rates has become a point of particular interest to investors. This week's FOMC statement and press conference are likely to provide some more color to market participants around how committee members are thinking about the timing for interest-rate hikes, especially given the persistent jump in inflation seen in data including last week's core personal consumption expenditures report.

    Highlights

    • Tesla (TSLA) continued its psycho-rally to reach a new all time high and making CEO Elon Musk the first person ever to surpass a $300 billion personal net worth. Absolutely insane.
    • Amazon (AMZN) seeks approval from the Federal Communications Commission to launch two Project Kuiper satellites in 2022. Similar to SpaceX, it intends to be a broad constellation of internet and broadband satellites.
    • Peloton (PTON) and Delta Airlines (DAL) partnered together to make exclusive meditation and stretching content for Delta's in-seat screens. Delta stock rallied more than 3% on the news while PTON traded 1.5% higher
    • Shares of education company Chegg (CHGG) gapped down more than 25% after posting disappointing earnings.ims for $53 billion valuation in upcoming IPO.
    • EV startup Rivian which is backed by Amazon (AMZN) and Ford Motors (F) a
    • Bank of America (BAC) is reportedly planning to file an application to set up a securities firm in China. Back in August, JP Morgan (JPM) got the greenlight to setup the first foreign owned broker in China
    • Tesla (TSLA) said it is opening its fast charging network for other EV's in the Netherlands.
    • **Please note that current stock price was written during the session and may not reflect closing prices*\*
    • AbbVie (ABBV) target raised by Morgan Stanely from $116 to $124 at Overweight. Stock currently around $115
    • Avantor with a host of target raises. Average price target $48 at Outperform. Stock currently around $39.50
    • Chubb (CB) target raised by Credit SUisse from $198 to $225 at Outperform. Stock currently around $192
    • Costco (COST) with three target raises. Stock currently around $492
      • Telsey Advisory from $480 to $535 at Outperform
      • Loop Capital from $515 to $545 at Buy
      • Stifel Nicolaus from $475 to $515 at Buy
    • Salesforce (CRM) target raised by Morgan Stanley from $345 to $360 at Overweight. Stock currently around $303
    • Chevron (CVX) target raised by Raymond James from $134 to $137 at Outperform. Stock currently around 115
    • HubSpot (HUBS) target raised by BMO Capital Markets from $800 to $850 at Outperform. Stock currently around $804
    • Lab Company of America (LH) target raised by Credit Suisse from $336 to $338. Stock currently around $288
    • ServiceNow (NOW) target raised by Needham & Co from $641 to $780 at Buy. Stock currently around $682
    • Exxon Mobil (XOM) target raised by Wells Fargo from $71 to $75 at Overweight. Stock currently around $65

    "Never let the fear of striking out keep you from playing the game." - Babe Ruth

    submitted by /u/psychotrader00
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    Finally broke $50k in RH (primarily use Vanguard so I stopped putting $ into RH last year)

    Posted: 01 Nov 2021 04:45 PM PDT

    Let's go finally green

    Posted: 01 Nov 2021 10:21 AM PDT

    Transatlantic Flights Are Set to Boost Oil Demand by a Quarter Million Barrels a Day

    Posted: 01 Nov 2021 04:01 PM PDT

    The Biden administration's new vaccine-based travel rules are forecast to boost jet fuel consumption as they bring the U.S. more in line with the European Union, helping revive flights across the Atlantic.

    The increased transatlantic travel will probably add at least 250,000 barrels a day of crude demand, according to a senior trader at a top oil-trading firm. Bloomberg Intelligence analyst Fernando Valle also expects more than a quarter million barrels of daily crude consumption coming back, thanks to less restrictions on global vaccinated travelers in the U.S. and Europe.

    "We've picked up a lot on domestic travel and should pick up more than 250,000 barrels a day with easing restrictions on vaccinated travelers," Valle said.

    Air travel remains a weak spot in the oil market's recovery from an unprecedented crash triggered by the pandemic last year, after flights were grounded worldwide and commuters everywhere started working from home. Air routes between the U.S. and Europe have historically been the world's most profitable for business travel.

    Under the new rules taking effect Nov. 8, travelers from countries with low supplies of vaccines who aren't traveling on tourist visas, and those under 18, will be exempt from the vaccine requirement.

    George Dix, an oil analyst at Energy Aspects, sees the boost from the new rules at 200,000 barrels a day of increased oil consumption this quarter.

    "We expect the main boost to be from U.S.-Europe flights as U.S.-Latin America was already operating close to pre-virus levels, and several other countries in other regions are still some way off from opening up for international flights," Dix said.

    For airlines, the recovery is coming with a higher cost for jet fuel, denting their earnings.

    Source.

    submitted by /u/RefinedStrategist
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    TSLA can't stop, won't stop going up

    Posted: 01 Nov 2021 01:40 PM PDT

    Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial public offering, said it is offering 135 million shares priced between $57 and $62, with an option for underwriters to purchase up to 20.25 million additional shares.

    Posted: 01 Nov 2021 03:20 PM PDT

    Sndl update here

    Posted: 01 Nov 2021 05:06 PM PDT

    Feedback welcomed please…not afraid of risk but I am trying to balance with solid long term plays also.

    Posted: 01 Nov 2021 06:24 PM PDT

    Thoughts on what’s been happening with PYPL?

    Posted: 01 Nov 2021 04:10 PM PDT

    In an experience that taught me the limitations of stop limit orders, I am currently holding PayPal stock at a significant loss (bought near the ATH). And some call options that are negative, in a move that will optimistically be "buying the dip" or less optimistically "throwing good money after bad."

    Any insights on what's going on here? Original drop was because of earnings. Then it went down from there. Next was the Pinterest rumor drop. Then a temporary increase when they backed away from that idea (when I stupidly missed an opportunity to profit on an option), only to then drop further. I'm worried about what will happen to the stock when earnings are announced next week.

    submitted by /u/EvangelineRain
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    ETFs with Investments in SP500 Winners of 11/1/2021

    Posted: 01 Nov 2021 05:56 PM PDT

    Three ETF's per winner (when available)

    ETF Ticker | % invested in Winner | ETF Full Name

    Industrials: ETFs investing in Deere & Company
    VEGI-- 19.23% iShares MSCI Global Agriculture Producers ETF
    FTAG-- 8.91% First Trust Indxx Global Agriculture ETF
    MOO-- 7.32% VanEck Agribusiness ETF

    Health Care: ETFs investing in Align Technology, Inc.
    AMOM-- 2.27% QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
    QGRO-- 2.18% American Century STOXX U.S. Quality Growth ETF
    MMLG-- 2.07% First Trust Multi-Manager Large Growth ETF

    Information Technology: ETFs investing in Advanced Micro Devices, Inc.
    ESPO-- 8.09% VanEck Video Gaming and eSports ETF
    FIVG-- 7.44% Defiance Next Gen Connectivity ETF
    IDRV-- 5.56% iShares Self-driving EV & Tech ETF

    Communication Services: ETFs investing in Discovery Inc Series C
    IEME-- 2.31% iShares Evolved U.S. Media and Entertainment ETF

    Consumer Discretionary: ETFs investing in Tesla Inc
    VCAR-- 20.35% Simplify Volt RoboCar Disruption and Tech ETF
    XLY-- 19.72% Consumer Discretionary Select Sector SPDR Fund
    FDIS-- 13.76% Fidelity MSCI Consumer Discretionary Index ETF

    Utilities: ETFs investing in PPL Corp
    RYU-- 3.56% Invesco S&P 500® Equal Weight Utilities ETF
    SPHD-- 3.12% Invesco S&P 500® High Dividend Low Volatility ETF
    PEY-- 2.64% Invesco High Yield Equity Dividend Achievers™ ETF

    Financials: ETFs investing in Franklin Resources, Inc.
    SDEI-- 3.82% Sound Equity Income ETF
    SDY-- 1.51% SPDR S&P Dividend ETF
    DON-- 1.35% WisdomTree U.S. MidCap Dividend Fund

    Materials: ETFs investing in FMC Corp
    PYZ-- 2.75% Invesco DWA Basic Materials Momentum ETF
    BECO-- 2.34% BlackRock Future Climate and Sustainable Economy ETF
    IVRA-- 2.22% Invesco Real Assets ESG ETF

    Real Estate: ETFs investing in Weyerhaeuser Co
    WOOD-- 8.21% iShares Global Timber & Forestry ETF
    CUT-- 5.49% Invesco MSCI Global Timber ETF
    SPRE-- 4.58% SP Funds S&P Global REIT Sharia ETF

    Consumer Staples: ETFs investing in Brown-Forman Corporation Class B
    N/A--

    Energy: ETFs investing in Devon Energy Corp
    RYE-- 5.55% Invesco S&P 500® Equal Weight Energy ETF
    IEO-- 4.99% iShares U.S. Oil & Gas Exploration & Production ETF
    FCG-- 4.39% First Trust Natural Gas ETF

    Happy investing!

    submitted by /u/Engineer_Economist
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    What do you think of my positions? Manily GPS/COIN/CLNE?

    Posted: 01 Nov 2021 12:48 PM PDT

    No comment

    Posted: 01 Nov 2021 07:35 PM PDT

    Wut doing tesla?

    Posted: 01 Nov 2021 03:13 PM PDT

    SP500 Winners and Losers | 11/1/2021

    Posted: 01 Nov 2021 05:55 PM PDT

    Winners

    Winner of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | Deere & Company | DE | 4.80%
    2. Health Care | Align Technology, Inc. | ALGN | 5.94%
    3. Information Technology | Advanced Micro Devices, Inc. | AMD | 4.16%
    4. Communication Services | Discovery Inc Series C | DISCK | 4.34%
    5. Consumer Discretionary | Tesla Inc | TSLA | 8.49%
    6. Utilities | PPL Corp | PPL | 1.70%
    7. Financials | Franklin Resources, Inc. | BEN | 11.62%
    8. Materials | FMC Corp | FMC | 2.68%
    9. Real Estate | Weyerhaeuser Co | WY | 3.59%
    10. Consumer Staples | Brown-Forman Corporation Class B | BF.B | 4.49%
    11. Energy | Devon Energy Corp | DVN | 4.77%

    Losers

    Loser of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | L3Harris Technologies Inc | LHX | -4.02%
    2. Health Care | Edwards Lifesciences Corp | EW | -3.56%
    3. Information Technology | Fortinet Inc | FTNT | -3.64%
    4. Communication Services | Alphabet Inc Class A | GOOGL | -3.07%
    5. Consumer Discretionary | Etsy Inc | ETSY | -2.82%
    6. Utilities | Dominion Energy Inc | D | -0.68%
    7. Financials | Aon PLC | AON | -4.06%
    8. Materials | International Flavors & Fragrances Inc | IFF | -2.31%
    9. Real Estate | CBRE Group Inc | CBRE | -2.71%
    10. Consumer Staples | Philip Morris International Inc. | PM | -1.18%
    11. Energy | No losers | |
    submitted by /u/Engineer_Economist
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    #premarket #watchlist 11/01 $ABVC - S-3 filings offering shares, $BTTX - no news, $ARTL - no news, $ZSAN - no news... Any trading ideas? Welcome in comments! Also check my app!

    Posted: 01 Nov 2021 05:53 AM PDT

    Rate my Portfolio

    Posted: 01 Nov 2021 01:10 PM PDT

    The metaverse and what the heck is it?

    Posted: 01 Nov 2021 01:03 PM PDT

    Discussions of the metaversion and web2.0 are brewing on much smaller niche subs. As FB comes to market with "Meta" and its products.... we will see the commercialization of the "metaverse" very soon.

    I'd really like to see more discussion of what the metaverse is on bigger subs like this. It all seems very exciting and new, as well as potentially having a huge impact on the public markets with the products it will bring.
    " The metaverse is a network of always-on virtual environments in which many people can interact with one another and digital objects while operating virtual representations – or avatars – of themselves. Think of a combination of immersive virtual reality, a massively multiplayer online role-playing game and the web. "

    A write up on the ELI5 version here.... but really would like to hear what you think it will be and how it will affect your take on the markets.

    submitted by /u/channelchek
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