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    Stock Market - South African Health Minister says current vaccines seem to be effective against new covid variant

    November 28, 2021

    Stock Market - South African Health Minister says current vaccines seem to be effective against new covid variant

    South African Health Minister says current vaccines seem to be effective against new covid variant

    Posted: 27 Nov 2021 08:07 AM PST

    The Best 7 minute I ever spent!

    Posted: 27 Nov 2021 06:40 PM PST

    S&P EOD Visual Summary: Nov 26

    Posted: 26 Nov 2021 10:32 AM PST

    Is this alarming?

    Posted: 26 Nov 2021 10:04 AM PST

    Travel Stocks Drop As New Variant Shakes The Industry

    Posted: 27 Nov 2021 05:39 PM PST

    Market open - Friday, November 26th, 2021

    Posted: 26 Nov 2021 06:50 AM PST

    Most Anticipated Earnings Releases for the week beginning November 29th, 2021

    Posted: 27 Nov 2021 02:11 AM PST

    Most Anticipated Earnings Releases for the week beginning November 29th, 2021

    Hey, earnings for the next week:

    We are getting to the end of earnings season. What are your takeouts?

    app.fincredible.ai

    MON:

    Before MO: $LI $AH $FRO $YJ
    After MC: $ARCE $NVGS $SNEX

    TUE:

    Before MO: $JKS $MOMO $CHS $CTRN $BNS $BZUN $WDH $UCL $RDHL

    After MC: $CRM $ZS $AMBA $BOX $NTAP $HPE $EMKR

    WED:

    Before MO: $BBW $REX $DOOO $RY $DCI $GIII $PDCO
    After MC: $CRWD $SNOW $AI $OKTA $FICE $SPLK $VEEV $PVH $SNPS $SMTC

    THU:

    Before MO: $DG $EXPR $SIG $VERU $LE $DLTH $GMS $CM $SCWX $MEI
    After MC: $DOCU $MRVL $ULTA $SWBI $SMAR $ASAN $ZUMZ $OLLI $DOMO $TLYS

    FRI:

    Before MO: $BMO $BIG $DOLE $GCO $HIBB $RGCO

    submitted by /u/08u3a1o
    [link] [comments]

    Warren Buffett: Investment advice for Beginners

    Posted: 26 Nov 2021 06:51 PM PST

    Why tho?

    Posted: 27 Nov 2021 07:17 PM PST

    Dow drops 900 points as new Covid variant sparks market sell-off

    Posted: 26 Nov 2021 06:56 AM PST

    Is ($MRK) at serious risk of being rejected by the FDA for its Covid-19 pill or being approved and opening up the market to other drug companies?

    Posted: 26 Nov 2021 07:39 PM PST

    Merck's COVID-19 pill significantly less effective in new analysis. Merck said its pill showed a 30% reduction in hospitalizations and deaths, based on data from 1,433 patients. In October, its data showed a roughly 50% efficacy, based on data from 775 patients.

    The lower efficacy of Merck's drug could have big implications in terms of whether countries continue to buy the pill from the manufacturer.

    If Merck is granted Emergency Use Authorization with these results, does that significantly lower the bar for other COVID pills like Bucillamine & Paxlovid and open up the market to other drug manufacturers in clinical trials ?

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

    Thoughts on Royal Caribbean Cruises (RCL)? Aside from cruise ships being a breeding ground for the virus, the panic sell off should likely recover next week. With no restrictions to the Caribbean, do you think this is a safe buy? Why or why not?

    Posted: 26 Nov 2021 07:48 PM PST

    Wall Street Week Ahead for the trading week beginning November 29th, 2021

    Posted: 26 Nov 2021 01:11 PM PST

    Good Friday afternoon 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 are ready for the new trading week ahead.

    Here is everything you need to know to get you ready for the trading week beginning November 29th, 2021.

    Covid developments to rule the market once again in the week ahead after Friday's rout - (Source)

    Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday's employment report and other data in the week ahead show the economy has been getting stronger.

    Stocks and other risk assets were slammed in the post-Thanksgiving session Friday on reports of a new variant in South Africa, and investors sought safety in Treasurys. Initial reports on the variant show it could be more transmissible than the Delta variant, and scientists are studying how effective vaccines are against it.

    The Dow was down 905 points, or 2.5% Friday in its worse day since October, 2020. The S&P 500 tumbled 2.3% Friday to 4,594, giving it a 2.2% decline for the week.

    "I think that's going to override what else we're going to see," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "It's a heavy data week with the ISMs and certainly payrolls, but I think this new variant is going to freeze behavior until there's more clarity."

    According to Dow Jones, economists expect a strong payroll report Friday, with 581,000 jobs added, after October's 531,000 payrolls. They expect the economy has shaken off the effects of the slowdown linked to the Covid delta variant, and growth in the current quarter could be far stronger than the third quarter.

    The Institute of Supply Management manufacturing survey is released Wednesday, and that should also be strong.

    Scott Redler, partner with T3Live.com, said many traders were caught off sides in the shortened session Friday, usually a positive one for the market, and there are key levels the market must hold in the week ahead in order to stage a yearend Santa rally.

    "Right now, the market lost some momentum, but it's not broken. It could be just fine and refuel if the 50-day moving average on the S&P 500 holds next week. It's all very fluid," he said.

    The 50-day, at 4,527, is a widely-watched momentum indicator, and it is basically the average close of the last 50 sessions.

    The market had already been losing momentum this past Monday with a bearish reversal, he said.

    "On Wednesday, the market absorbed the weakness and gave traders a false sense of security which is normally a nice easy holiday-shortened session Friday," Redler said.

    Sam Stovall, chief investment strategist at CFRA, said the S&P 500 typically gains 7% between its October low and year-end close, but this year it had already gained more than 9%.

    "We're ahead of the game and due for some sort of digestion," Stovall said on CNBC.

    The Dow dipped more than 1,000 points during Friday trading. Riskier assets were down even more, with the Russell 2000 closing off 3.7% Friday. West Texas Intermediate oil futures plunged more than 12%, and bitcoin was down nearly 8%. Some investors began to reverse bets in the futures market that a strong economic rebound and inflationary pressures would pull the Fed off the sidelines sooner-than-expected.

    The 10-year Treasury yield, which moves opposite price, fell to 1.48% from Wednesday's high of 1.69%.

    Investors will be looking for guidance from Fed Chairman Jerome Powell, who appears before Congress in the week ahead with Treasury Secretary Janet Yellen to discuss the coronavirus and the CARES Act stimulus package. On Tuesday, there is a hearing before the Senate Banking Committee.

    "I think you have to assume the base case is the virus remains endemic, not back to being a pandemic," said Barry Knapp, founder of Ironsides Macroeconomics. The worry is that the variant spreads and slows activity, hitting supply chains even more. That could boost inflation while slowing growth.

    Knapp said there are risks for stocks, and investors need to be cautious buying the market on the decline.

    Knapp said the Fed could end up accelerating the taper of its bond purchases, which would move forward the time frame for potential interest rate hikes.

    "The problem with trying to buy the market overall and buying tech stocks in particular is if you buy now because it is down a couple of percent, it rallies into the end of the year and then the market sells off," he said. For that reason, he favors dipping into cheaper sectors like energy and financials, the worst performing sectors Friday.

    Oil and energy will be in the spotlight in the coming week, as OPEC+ meets Thursday. The U.S. and other governments agreed to release oil from their strategic petroleum reserves in an attempt to drive prices lower. The U.S. plans to release 50 million barrels.

    OPEC+ has said it would continue to increase production by 400,000 barrels monthly, despite calls from the White House to speed up the release.

    Helima Croft, head of global commodities strategy at RBC, said on CNBC there is a chance OPEC could decide to pause its own production increase because of the SPR releases.

    "I think as we head into the OPEC meeting Thursday, the question is not only do they do a pause but potentially will they actually pull back some barrels because of concerns about this new variant alongside the very large SPR release," she said.

    She said the U.S. is releasing a record amount of oil. "We are going to have a lot of barrels hitting this market, as we have these concerns about new Covid lockdown restrictions," she said. "Again, too soon to say whether governments will pull the trigger on such measures, but the market will be concerned."

    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!)

    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!)

    When Stocks Are Up Big YTD Before Thanksgiving

    As the S&P 500 is up rather impressively, 24.9% year-to-date this year through today's close on the Tuesday before Thanksgiving, we ran the numbers on the 33 previous years with double digit year-to-date gains at this juncture since 1950. There are a few blemishes, but in general market gains continued into yearend.

    Most importantly, there are no major selloffs on this list. The big December decline of -9.2% in 2018 came after the S&P 500 was down -1.2% at this point in the year. After double-digit YTD gains the S&P 500 was up 70% of the time from the Tuesday before Thanksgiving to yearend for an average gain of 2.3%.

    Also of note is that the Santa Claus Rally suffered only four losses in these years. But these four down SCRs in 1955, 1968, 1999 and 2014 were followed by flat years in 1956 and 2015 and down years in 1969 and 2000. As Yale's famous line states (2021 Almanac page 116 and 2022 Almanac page 118): "If Santa Claus Should Fail To Call, Bears May Come to Broad and Wall."

    (CLICK HERE FOR THE CHART!)

    How Have Stocks Done Under Jerome Powell?

    The big news this week was Jerome Powell will remain in charge of the Federal Reserve (Fed) for four more years, so we wanted to do a quick blog that looked at how stocks have done while he has been the Fed Chairman.

    "There are many reasons for Jerome Powell to lead the Fed for another four years," explained LPL Financial Chief Market Strategist Ryan Detrick. "But one of the best could very well be that stocks have done quite well under his leadership. Do you really think he'd still be in charge if stocks did poorly under him? Probably not is the answer there."

    As shown in the LPL Chart of the Day, the Dow has gained 40% under his leadership, ranking him 8th (near the middle of the pack) when compared with all 16 Fed Chairpersons. Interestingly, he ranks just beneath both of his predecessors in Ben Bernanke and Janet Yellen. With four more years to go, you'd have to like his chances there, but Alan Greenspan's record of 312% is likely safe for the time being.

    (CLICK HERE FOR THE CHART!)

    Here are some more Fed Chair fun facts (using the chart below).

    • On an annualized basis, the Dow has gained 9.3% per annum under Powell, the 7th best out of 16.
    • Interestingly, stocks have dropped under only one Fed Chairperson and that was Eugene Meyer during the Great Depression.
    • Taking another look at Greenspan's 312% return and we realize he was in charge of the Fed for 18.5 years. So his annual return of 8.0% puts things in perspective.
    • The shortest tenure ever was less than a year and a half back in the late 1970s under William Miller. Meanwhile, the longest ever was William Martin at nearly 19 years.
    • Paul Volker had the best annualized return at 15.2% over his 8 years. Not to mention he handed things over to Greenspan right before the 1987 crash, one of the best handoffs we've ever seen in history.
    • Lastly, the Fed has been led by a woman only once and that was Janet Yellen, now in charge of the Treasury. It is worth noting that her four-year run at the Fed produced a very impressive 12.9% annualized return for stocks.
    (CLICK HERE FOR THE CHART!)

    Finally Some Clarity on Fed Leadership

    President Biden officially nominated Chairman Jerome Powell to a second four-year term as Chairman of the Federal Reserve (Fed) and elevated current Fed Governor Lael Brainard to Vice Chair of the Committee. Before the announcement, there was speculation that Brainard could replace Powell as Fed Chair.

    We view these nominations as very market friendly. Powell has done a commendable job supporting markets during the COVID-19 shutdowns and we aren't quite through with the pandemic. We believe stability and leadership continuity is important as we continue to make our way toward the finish line of the COVID-19 pandemic. While Brainard is well qualified to run the Fed, elevating her to Vice Chair recognizes her contributions and potentially puts her in a position to take over the Chair role in four years. Both positions require Congressional approval, and we think both should be confirmed when Congressional hearings conclude sometime over the next few months.

    "As we expected, President Biden chose continuity and familiarity with these Fed appointments," noted LPL Financial Fixed Income Strategist Lawrence Gillum. "Going with Powell over Brainard is what markets were expecting, so we think markets are relieved that Fed leadership uncertainty is now out of the way."

    The knee-jerk reaction in the bond market was interesting in that markets seemingly continue to shift the prospects for interest rate hikes forward. As seen on the LPL Research Chart of the Day, Treasury securities across all maturities sold off with two-year tenors among the most (negatively) impacted. Now, two-year Treasury yields are at the highest level since the pandemic began. Short maturity securities are the most impacted by changes in monetary policy. Moreover, markets are pricing in nearly three rate hikes next year with the first rate hike expected in June, which is much more aggressive than the Fed has indicated.

    (CLICK HERE FOR THE CHART!)

    President Biden still has three open Fed Board of Governor positions to fill, so we're a long way from knowing for sure how Fed policy may change over the next few years. However, we would expect Biden to select governors on the dovish side of the spectrum. That said, the 2022 voting rotation with regional Fed Presidents may impart a hawkish lean to the FOMC overall, offsetting some of the dovish bias from Biden's appointments. The rotation replaces three solidly dovish and one strongly hawkish voting members with two strongly hawkish and two solidly hawkish officials. Monetary policy is managed at the national level, so while the regional presidents will no doubt have influence, we continue to think the Fed will be more accommodative than markets are currently expecting. In addition, with the announcements today, leadership at the top of the Fed should be seen as being supportive to the economy and thus supportive for markets.

    Pandemic and Multi-Decade Low for Claims

    Out of the massive slug of economic data this morning, one major bright spot was jobless claims. It has now been 88 weeks since the March 13, 2020 release; the last one before claims began to print in the millions. In that time, claims have fallen to not only take out pre-pandemic levels and the low prior to that of 203K set in April 2019 but today saw the first sub-200K reading since November 20, 1969. That compares to estimates of a reading of 260K and last week's 2K upward revised number of 270K. On a side note, in 2019 there were three weeks where the initial release of initial claims came in below 200K (1/24, 4/11, and 4/18), but they have been since revised higher.

    (CLICK HERE FOR THE CHART!)

    While that is a significant low in claims, the drop appears to a large degree to be thanks to seasonal adjustment. On a non-seasonally adjusted basis, claims rose to 258.6K which was the highest level in six weeks. It is seasonally normal for claims to head higher during the current week of the year with it having happened over 80% of the time historically. Additionally, that is a bit of catch-up considering claims have been bucking seasonal trends in recent weeks.

    (CLICK HERE FOR THE CHART!)

    Continuing claims were also lower this week falling from 2.109 million to 2.049 million. As with initial jobless claims, that sets a new low for the pandemic that is 265K above the level from March 13, 2020.

    (CLICK HERE FOR THE CHART!)

    Factoring in all other programs creates an additional week of lag to the data meaning the most recent print is through the first week of November. The final week of October's unusual uptick on account of peculiar growth in claims for expired programs has unwound in the most recent week's data. PUA claims were more than cut in half as PEUC claims also fell by 121K. Combined that resulted in a new low of 2.44 million claims.

    (CLICK HERE FOR THE CHART!)

    STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending November 26th, 2021

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

    (VIDEO NOT YET POSTED.)

    STOCK MARKET VIDEO: ShadowTrader Video Weekly 11.28.21

    (CLICK HERE FOR THE YOUTUBE VIDEO!)

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

    • ($LI $CRM $CRWD $DOCU $SNOW $AI $DG $MRVL $ZS $ASAN $OKTA $ULTA $AMBA $NTAP $SIG $EXPR $HPE $BBW $BQ $BNS $JKS $FRO $MOMO $HIBB $SPLK $SWBI $QH $RY $CHS $BZUN $FIVE $BOX $VERU $YJ $KR $CTRN $TD $VEEV $BIG $GMS $DOOO $CM $EMKR $PVH)
    (CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
    (CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
    (CLICK HERE FOR THE MOST NOTABLE EARNINGS RELEASES BEFORE MONDAY'S OPEN!)

    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 11.29.21 Before Market Open:

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

    Monday 11.29.21 After Market Close:

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

    Tuesday 11.30.21 Before Market Open:

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

    Tuesday 11.30.21 After Market Close:

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

    Wednesday 12.1.21 Before Market Open:

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

    Wednesday 12.1.21 After Market Close:

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

    Thursday 12.2.21 Before Market Open:

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

    Thursday 12.2.21 After Market Close:

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

    Friday 12.3.21 Before Market Open:

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

    Friday 12.3.21 After Market Close:

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

    (NONE.)

    Li Auto Inc. $32.40

    Li Auto Inc. (LI) is confirmed to report earnings at approximately 5:00 AM ET on Monday, November 29, 2021. Investor sentiment going into the company's earnings release has 72% expecting an earnings beat. Short interest has decreased by 15.8% since the company's last earnings release while the stock has drifted higher by 8.5% from its open following the earnings release to be 14.5% above its 200 day moving average of $28.30. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, November 12, 2021 there was some notable buying of 4,121 contracts of the $30.00 call expiring on Friday, March 18, 2022. Option traders are pricing in a 11.3% move on earnings and the stock has averaged a 6.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Salesforce $284.21

    Salesforce (CRM) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, November 30, 2021. The consensus earnings estimate is $0.92 per share on revenue of $6.79 billion and the Earnings Whisper ® number is $1.02 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat The company's guidance was for earnings of $0.91 to $0.92 per share. Consensus estimates are for earnings to decline year-over-year by 47.73% with revenue increasing by 25.30%. Short interest has decreased by 3.7% since the company's last earnings release while the stock has drifted higher by 5.3% from its open following the earnings release to be 14.8% above its 200 day moving average of $247.66. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, November 19, 2021 there was some notable buying of 5,521 contracts of the $310.00 put expiring on Friday, January 21, 2022. Option traders are pricing in a 7.4% move on earnings and the stock has averaged a 8.7% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    CrowdStrike, Inc. $232.64

    CrowdStrike, Inc. (CRWD) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, December 1, 2021. The consensus earnings estimate is $0.11 per share on revenue of $363.53 million and the Earnings Whisper ® number is $0.14 per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat The company's guidance was for earnings of $0.08 to $0.10 per share on revenue of $358.00 million to $365.00 million. Consensus estimates are for year-over-year earnings growth of 83.33% with revenue increasing by 56.38%. Short interest has increased by 8.5% since the company's last earnings release while the stock has drifted lower by 14.9% from its open following the earnings release to be 1.5% below its 200 day moving average of $236.15. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, November 15, 2021 there was some notable buying of 4,843 contracts of the $310.00 call and 2,425 contracts of the $240.00 put expiring on Friday, December 17, 2021. Option traders are pricing in a 9.4% move on earnings and the stock has averaged a 7.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    DocuSign $249.63

    DocuSign (DOCU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, December 2, 2021. The consensus earnings estimate is $0.46 per share on revenue of $530.63 million and the Earnings Whisper ® number is $0.52 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat The company's guidance was for revenue of $526.00 million to $532.00 million. Consensus estimates are for year-over-year earnings growth of 187.50% with revenue increasing by 38.57%. Short interest has decreased by 11.9% since the company's last earnings release while the stock has drifted lower by 15.7% from its open following the earnings release to be 0.6% below its 200 day moving average of $251.16. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, November 10, 2021 there was some notable buying of 10,072 contracts of the $250.00 call expiring on Friday, January 21, 2022. Option traders are pricing in a 9.9% move on earnings and the stock has averaged a 8.0% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Snowflake $362.60

    Snowflake (SNOW) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, December 1, 2021. The consensus estimate is for a loss of $0.06 per share on revenue of $305.51 million and the Earnings Whisper ® number is ($0.01) per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat The company's guidance was for revenue of $280.00 million to $285.00 million. Consensus estimates are for year-over-year earnings growth of 93.18% with revenue increasing by 91.39%. Short interest has decreased by 36.6% since the company's last earnings release while the stock has drifted higher by 21.3% from its open following the earnings release to be 32.7% above its 200 day moving average of $273.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, November 23, 2021 there was some notable buying of 2,131 contracts of the $345.00 call expiring on Friday, December 3, 2021. Option traders are pricing in a 9.7% move on earnings and the stock has averaged a 7.2% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    C3.ai, Inc. $38.38

    C3.ai, Inc. (AI) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, December 1, 2021. The consensus estimate is for a loss of $0.28 per share on revenue of $56.90 million and the Earnings Whisper ® number is ($0.31) per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat The company's guidance was for revenue of $56.00 million to $58.00 million. Short interest has increased by 58.6% since the company's last earnings release while the stock has drifted lower by 20.7% from its open following the earnings release to be 36.6% below its 200 day moving average of $60.53. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, November 24, 2021 there was some notable buying of 1,736 contracts of the $35.00 call expiring on Friday, December 17, 2021. Option traders are pricing in a 18.6% move on earnings and the stock has averaged a 13.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Dollar General Corporation $224.42

    Dollar General Corporation (DG) is confirmed to report earnings at approximately 6:55 AM ET on Thursday, December 2, 2021. The consensus earnings estimate is $2.02 per share on revenue of $8.48 billion and the Earnings Whisper ® number is $2.24 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 12.55% with revenue increasing by 3.42%. Short interest has increased by 82.9% since the company's last earnings release while the stock has drifted higher by 1.7% from its open following the earnings release to be 5.1% above its 200 day moving average of $213.44. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, November 2, 2021 there was some notable buying of 600 contracts of the $200.00 put expiring on Friday, December 17, 2021. Option traders are pricing in a 5.7% move on earnings and the stock has averaged a 2.5% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Marvell Technology Group Ltd. $71.99

    Marvell Technology Group Ltd. (MRVL) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, December 2, 2021. The consensus earnings estimate is $0.38 per share on revenue of $1.15 billion and the Earnings Whisper ® number is $0.41 per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for earnings of $0.35 to $0.41 per share. Consensus estimates are for year-over-year earnings growth of 46.15% with revenue increasing by 53.30%. Short interest has increased by 13.6% since the company's last earnings release while the stock has drifted higher by 16.2% from its open following the earnings release to be 28.5% above its 200 day moving average of $56.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, November 15, 2021 there was some notable buying of 3,740 contracts of the $82.50 call expiring on Friday, December 17, 2021. Option traders are pricing in a 8.3% move on earnings and the stock has averaged a 4.1% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Zscaler, Inc. $336.90

    Zscaler, Inc. (ZS) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, November 30, 2021. The consensus earnings estimate is $0.12 per share on revenue of $199.69 million and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat The company's guidance was for earnings of approximately $0.12 per share on revenue of $210.00 million to $212.00 million. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue increasing by 40.06%. Short interest has increased by 17.0% since the company's last earnings release while the stock has drifted higher by 16.6% from its open following the earnings release to be 44.2% above its 200 day moving average of $233.64. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, November 8, 2021 there was some notable buying of 1,604 contracts of the $290.00 put expiring on Thursday, December 23, 2021. Option traders are pricing in a 11.6% move on earnings and the stock has averaged a 12.9% move in recent quarters.

    (CLICK HERE FOR THE CHART!)

    Asana, Inc $106.02

    Asana, Inc (ASAN) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, December 2, 2021. The consensus estimate is for a loss of $0.26 per share on revenue of $93.86 million and the Earnings Whisper ® number is ($0.23) per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat The company's guidance was for a loss of $0.27 to $0.26 per share on revenue of $93.00 million to $94.00 million. Consensus estimates are for year-over-year earnings growth of 38.10% with revenue increasing by 59.34%. Short interest has increased by 4.6% since the company's last earnings release while the stock has drifted higher by 20.6% from its open following the earnings release to be 54.8% above its 200 day moving average of $68.48. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, November 23, 2021 there was some notable buying of 1,456 contracts of the $95.00 put expiring on Friday, December 17, 2021. Option traders are pricing in a 13.0% move on earnings and the stock has averaged a 7.7% move in recent quarters.

    (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
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    Chinese Stocks Delisting From the US: 25 On the Brink

    Posted: 26 Nov 2021 05:58 AM PST

    SLI “ARKANSAS SMACKOVER PROJECT Standard Lithium’s cutting-edge “LiSTR” Direct Lithium Extraction technology is the right tool to unlock this globally significant resource.”

    Posted: 26 Nov 2021 07:30 AM PST

    After reading this report, I am thinking that SLI is solid for several years. What say you?

    Link-(https://www.standardlithium.com/projects/arkansas-smackover)

    Report: SMACKOVER PROJECT SOUTH ARKANSAS The Smackover formation extends roughly 1,000 miles from south Texas to western Florida and consists of organic fossil deposits and concentrated salt-water brine trapped in the porous limestone aquifers. These highly productive aquifers have hosted huge volumes of mineral-rich brines and hydrocarbons deposited millions of years ago during the Jurassic period, when scientists say most of the southern United States was submerged under what is now the Gulf of Mexico.

    For more than 60 years, this mineral rich brine has been pumped from deep below the surface in south Arkansas for the recovery of bromine and other minerals. Currently, the brine pulled from the aquifer is delivered through a network of pipelines to processing plants for extraction. After processing, the tail brine is returned through a network of pipelines to be re-injected back into the formation.

    This same brine that produces nearly half the world's bromine is rich with lithium, but because the geography, climate and brine chemistry are not suited for the conventional process of lithium extraction from brine, large evaporation ponds, used by mining companies in South America it has yet not been commercially developed. Standard Lithium Ltd. Enter Standard Lithium

    Standard Lithium's technology focused approach to sustainable project development differentiates it from traditional lithium mining companies.

    Standard Lithium is a global leader in Direct Lithium Extraction (DLE) technology. The company's cutting edge "LiSTR" DLE process has been developed specifically to unlock the globally significant Smackover resource. Standard Lithium has developed a proprietary process called that uses a solid ceramic adsorbent material with a crystal lattice that is capable of selectively pulling lithium ions from the Smackover brine. The ceramic adsorbent materials are mounted in stirred-tank reactors that contain the tail brine. In the second step, the adsorbent releases the lithium for recovery.

    The Li-extraction process takes advantage of the brine temperature approximately 160° F (70°C). This means that no additional energy is required, and the reaction kinetics for the adsorption are suitable. The process is fast, reducing the time required for Li extraction to hours versus months (with the evaporation ponds), realizes improved recoveries to hours and is capable of producing a consistent high-purity LiCl solution for further processing in the battery industry. Standard Lithium Ltd.

    Standard Lithium Ltd. SMACKOVER PROJECT HIGHLIGHTS:

    The Company's flagship 180,000 acre, 4.335 Million Tonne Lithium Carbonate Equivalent ("LCE") project, (LANXESS 3.14 Million Tonne Indicated, SOUTH-WEST ARKANSAS 1.195 Million Tonne Inferred) is located in a region is home to North America's largest brine production and processing facilities.

    When oil was discovered in south Arkansas in 1921, oil field brines were considered a worthless by-product of oil producers who had problems disposing of the brine. Then, chemists from the Arkansas Geological Commission (now the Arkansas Geological Survey) discovered that the Smackover Formation brines had high bromine content—seventy times greater than that of ocean water. Bromine production followed oil production in Union County in 1957 and has continued ever since. Bromine production in Union and Columbia counties contributes significantly to the local and state economy and employs over 1,000 people. Great Lakes Chemical Corporation built the world's largest bromine plant in south Arkansas in 1961. Great Lakes Chemical Corporation merged with Crompton Corporation in 2005 to create Chemtura Corporation. Chemtura Corporation was acquired by global specialty chemical company Lanxess AG in 2017. Lanxess operates three brine processing plants in south Arkansas.

    Industrial Scale Demonstration Plant located at LANXESS South Plant

    LANXESS PROJECT

    Preliminary Economic Assessment

    A Preliminary Economic Assessment prepared by Advisian, a consulting arm of Worley Parsons, released June 18, 2019 considers the production of battery-quality lithium carbonate through a phased build-out to a total 20,900 tonnes per annum (tpa) from the contemplated joint venture with Lanxess AG at their three-operating bromine-processing plants.

    Link here to LANXESS JV announcement

    Link here to download NI 43-101 Preliminary Economic Assessment Technical Report

    Key Points:

    Annual production: 20,900 tonnes lithium carbonate (1) Plant operation: 25 years (2) Total capital expenditures estimate of US$437 Million (3) Non-optimised reagent cost per tonne lithium carbonate of US$3,107 All-in operating costs, including all direct and indirect costs, reagent, sustaining capital, insurance and mine-closure costs of US$4,319 per tonne of lithium carbonate (4) Average selling price $13,550 USD per tonne battery quality lithium carbonate (5) Pre-tax US$1.3 Billion NPV at 8% discount rate and IRR of 42% Post-tax US$ 989 Million NPV an 8% discount rate and IRR of 36% Resource upgraded to 3,140,000 tonnes Lithium Carbonate Equivalent (LCE) at the Indicated Category Notes: All model outputs are expressed on a 100% project ownership basis** [1] Total production, using existing brine supply rates at the completion of Phase 3 [2] Plant operation commences upon completion of Phase 1 [3] Includes 25% contingency of both direct and indirect capital costs [4] Includes all operating expenditures, including sustaining capital and allowance for mine closure [5] Selling prices ranging between US$10,840-16,260/tonne were modeled as part of sensitivity analysis * See news release Nov 12, 2018 - Subject to proof of concept & positive feasibility study

    SOUTH-WEST ARKANSAS PROJECT

    Standard Lithium has an option agreement with NYSE listed TETRA Technologies Inc. to acquire the rights to conduct exploration, production and lithium extraction activities on brine leases located approximately 25 miles (40KM west) of the LANXESS project (link to news release here). This is in an area where the Smackover Formation is known to be highly productive. This brine resource is in an area where there is localized oil and gas production, and brine is produced as a waste by-product of hydrocarbon extraction. The data used to estimate and model the resource was gathered from active and abandoned oil and gas production wells on or adjacent to the property.

    Standard Lithium has agreements with regional independent oil and gas producers with open, unused Smackover Formation wells in and immediately adjacent to the new lease area to gather new, high-quality lithium brine samples from the key brine production zones.

    Preliminary Economic Assessment

    The development plan for the PEA considers the production of battery-quality lithium hydroxide averaging 30,000 tonnes per annum (tpa) over a 20-year operating timeframe. The project contemplates, in broad terms, the extraction of brine from the southern portion of the project where the brine has a higher lithium grade (approximately 400 mg/L) and better reservoir characteristics, and reinjection of the tailbrine into the northern part of the project where the lithium grade is significantly lower (approximately 160 mg/L; additional details are provided below). The lithium extraction process is based on the Company's proprietary LiSTR technology, and the final conversion to a lithium hydroxide product will use an electrochemical process tailored to lithium hydroxide production. The project is located in an area with significant existing infrastructure such as water, power, gas, road, rail and workforce; plus existing operating oil and gas assets, including wells, collection systems, easements and gas processing facilities. It should be noted that the Company has secured an option to acquire a key parcel of land in the contemplated Project area. This land may be suitable for siting a future brine processing and conversion facility as it is well served by existing infrastructure, utilities and pipeline easements. Development of the project, subject to continuing project definition, due diligence and receipt of future feasibility studies, contemplates production commencing in 2025 from the land package assembled by the Company to date (subject to unitization as described below).

    The PEA and updated lithium resource estimate are based on a unitized area of future potential production resulting in 36,172 gross mineral acres (14,638 gross mineral hectares). The PEA considers the production of battery-quality lithium hydroxide averaging 30,000 tonnes per annum (tpa) over a 20-year operating timeframe. The PEA also updates the existing inferred mineral resource.

    The PEA is preliminary in nature and includes inferred resources that are considered too speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty the estimates presented in the PEA will be realized.

    Link here to download NI 43-101 Preliminary Economic Assessment Technical Report

    Key Points:

    Table 1: PEA Highlights Units Values Average Annual Production (as LiOH•H2O) tpa[1] 30,000[2] Plant Operation years 20 Total Capital Cost (CAPEX) US$ 869,868,000[3] Operating Cost (OPEX) per year US$/yr 77,972,000[4] OPEX per tonne US$/t 2,599 Initial Selling Price US$/t 14,500[5] Average Annual Revenue US$ 570,076,000[6] Discount Rate % 8.0

    Net Present Value (NPV) Pre-Tax US$ 2,830,190,000 Net Present Value (NPV) Post-Tax US$ 1,965,427,000 Internal Rate of Return (IRR) Pre-Tax % 40.5 Internal Rate of Return (IRR) Post-Tax % 32.1 Notes: All model outputs are expressed on a 100% project ownership basis with no adjustments for project financing assumptions [1] Metric tonnes (1,000 kg) per annum [2] Total production for years 1 to 15 is 30,666 tpa LHM and 28,000 tpa LHM for years 16 to 20 [3] AACE Class 5 estimate includes 25% contingency on direct capital costs [4] Includes all operating expenditures, ongoing land costs, established Royalties, sustaining capital and allowance for mine closure. All costs are escalated at 2% per annum [5] Selling price of battery quality lithium hydroxide monohydrate based on an initial price of $14,500/t in 2021, adjusted for inflation at 2% per annum. Sensitivity analysis modelled the starting price between US$12,500-US$16,500/t. [6] Average annual revenue over projected 20-year mine-life. LANXESS operations in south Arkansas cover 150,000+ acres or permitted operation that includes roughly 10,000 brine leases. LANXESS extracts brine from their wells located throughout the area, and the brine is transported through a network of 250 miles of pipelines to three plants where the brine is processed for bromine recovery with the tail brine then re-injected to the aquifer. The three bromine extraction plants currently employ approximately 500 people, have been in production for nearly five decades, and produce roughly 5.3 billion gallons of brine annually.

    ARKANSAS ADVANTAGE

    TWITTER FEED

    Standard Lithium Ltd. Standard Lithium Ltd. 1-604-409-8154 info@standardlithium.com

    Subscribe for Updates

    PRIVACY POLICY DISCLAIMER SITEMAP

    submitted by /u/Bigbandjazzdrummer
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    Why is Zynex (ZYXI) going sideways?

    Posted: 26 Nov 2021 12:15 PM PST

    Zynex is a small-cap company that designs and sells medical devices. The company has had impressive growth over the past five years and has had positive net income for the past few years. From a valuation standpoint, it does look expensive at first glance, which is why it's not a buy at the moment for me. If revenue continues to grow at this rate and margins improve, it could be worth a buy though. Growth estimates lead me to believe that this growth could persist, and after listening to earning call, they are working to expand the product offering and sales force, which could improve sales if all goes well. I am concerned that margins will not improve though. I'm curious why this company has been going sideways for the past year. Most companies with this kind of growth tend to do well in the stock market, but not this one. Is there something going on that I don't see?

    submitted by /u/Revolutionary-Cry-38
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    $GOEV & The Walmart Partnership - As real as Waltonville!

    Posted: 26 Nov 2021 07:37 AM PST

    As you would expect Short sellers of $GOEV increased their bet even higher on Wednesday, so here data from ORTEX:

    Monday 31.5M SI

    Tuesday -32.5M SI

    Wednesday -33.5M SI

    The cost to borrow jumped from 9 to 15 and today Fintell shows a 23% interest rate on the borrowd shares by short sellers. This means higher costs every day the short sellers don't buy back that shares.

    Now, a good part of the recent price spike was due to higher demand from retail investors based on the fact that GOEV will be selling their vehicles with some 6M earlier than anticipated, a good chance that they are connected with Apple Car and, the most recent rumor - a partnership with Walmart.

    Why Canoo and Walmart?

    After Canoo ($GOEV) decided to move HQ and some R&D and production to Bentonville, Arkansas, the rumor of an imminent partnership between Canoo and Walamart spreaded on social media and even some serious financial publications, like business insider:

    https://markets.businessinsider.com/news/stocks/goev-stock-the-walmart-partnership-rumors-driving-interest-in-canoo-1030986033

    So, why moving to Benton Ville is a base for that rumor?

    Bentonville is the home of Walton Family - the founders and key stakeholders in Walmart empire. (Walton + Mart = Walmart ;) ) . That is pretty much old new for Anyone spending some decades in the stock market.

    Walton fundation, by all regards owns the city. It is not me saying that. It is Bloomberg:

    https://www.bloomberg.com/news/articles/2018-06-27/welcome-to-waltonville-where-the-world-s-richest-family-reigns

    Bentonville has been nick named WaltonVille becuase is de facto developed by Walton Family.

    What is not so old news is that Walton Family has been investing for decades there to BentonVille a regional (maybe global) hub of tech& finance.

    The same Bloomberg writes: " It seems to be working. The population is close to 50,000, up from 35,000 in the 2010 census. On a May weeknight, a steady stream of millennials threw back shots in a basement bar that's also part of Tom Walton's Ropeswing Hospitality Group."

    Also CNN is noting that Bentonville has become already a Tech hub but most importantly CNN mention another nick name: VendoorVille :

    "Hundreds of suppliers to Walmart like Procter & Gamble (PG), Campbell Soup (CPB) and Hershey (HSY) have built offices here, earning Bentonville the nickname "Vendorville." These vendors want to be near Walmart, often their biggest customer."

    You can read the full CNN article here:

    https://edition.cnn.com/2019/06/07/business/walmart-shareholders-meeting-bentonville-northwest-arkansas/index.html

    Now, why would an American EV maker making also vans for delivery choose to bid (and find a seller) in Bentonville?

    That is where the Canoo - Walmart partnership rumor has started.

    Looking at the status of Bentonville and the speed Canoo is epxecting up to 100M orders from blue chip customers, I would say there is fire for this smoke we see.

    Walmart has created a startup for robotic delivery cars NURO back 2019 and has placed a target in 2040 for electrifying all its vehicle fleet. That would mean a lot of EV vans.

    What do you think?

    Any opinion is welcome as we're trying to digest this here.

    submitted by /u/invest_opinions
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    TQQQ performance vs QQQ. I know people say TQQQ isn’t a long term investment but sheesh. $10,000 invested 20 years ago would be $1.7 million today. Is there a good way to hedge against TQQQ blowing up?

    Posted: 26 Nov 2021 04:18 AM PST

    Morning Update for Friday, 11/26/21

    Posted: 26 Nov 2021 05:17 AM PST

    Good morning everyone. Hopefully you had a nice Thanksgiving and were able to spend some quality time with loved ones.

    This list is geared towards day trading. With the momentum watchlist especially, I am typically in and out very quickly, only occasionally longer than a couple minutes, usually faster scalps. Always have a plan when you enter a trade (for profit taking and for taking a loss), and use proper risk management for your account. Feel free to message me if you have any questions.

    Main Watchlist:

    Gapping UP:

    • MRNA
    • BNTX
    • ZM
    • PTON
    • TDOC
    • VIR
    • UVXY

    Gapping DOWN:

    • BA
    • PDD
    • UAL
    • DAL
    • RCL
    • BAC
    • MARA
    • NIO

    Momentum Watchlist:

    • ISPC (+68%)
    • AHPI (+62%)
    • APT (+25%)
    • GOVX (+18%)
    • CODX (+6%)
    • IFRX (+7%)

    Market Outlook:

    Stocks are looking to open lower this morning, doing their best to keep with the spirit of Black Friday. Lots of stocks showing weakness, it could get choppy in today's trading. There should be some nice volatility though, which is good for trading. COVID fears are spooking the market, hitting the travel stocks hard in particular. As a result, we are also seeing some strength from stay-at-home plays, as well as some biotech/healthcare stocks. COVID fears could last a few weeks more, given we are now seeing reports of a new variant in South Africa. I'm guessing we'll see some more choppiness leading into next week.

    SPY is trading a bit under 462. Gapping down below both the SMA(9) and SMA(20), we are in for some volatility today. Relevant support levels at 460 and 455, with relevant resistance at 465. If we break down below support levels, we could retrace to the more significant support level around 445. DIA is trading a bit over 350. Currently gapping down beneath both the SMA(50) and SMA (100), I'll be watching the 352 level as potential resistance this morning. QQQ is trading just under 395. Currently hovering around the SMA(20) at ~394.80, I'll be watching price action around that level. If we see weakness, we could retrace towards 390 support. Gold and silver are up this morning. Crude oil is down, seeing considerable weakness with COVID/lockdown fears. Bitcoin is seeing some weakness this morning, currently trading around 54,200. Hovering around support levels from earlier this year, I'll be watching price action closely today. If we see more weakness, we could retrace below the 50k level. Crypto-related stocks are getting hit hard in premarket trading, as a result. Airlines and cruise stocks are seeing considerable weakness this morning, with ongoing COVID fears. Banks are also seeing considerable weakness this morning, worth monitoring today and into next week.

    Remember to use proper risk management, by making sure you size appropriately for your account and have a plan for every trade you enter (both for taking profits and cutting losses). Happy trading everyone :)

    submitted by /u/vanturetrading
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    Just like that 1-2-3 the intermediate up trend is gone. 11/26/21 Premarket outlook Technical Analysis on the SPY.

    Posted: 26 Nov 2021 05:24 AM PST

    Goodmorning trading world, hope you had a Happy and safe thanksgiving. Earlier this week I touched on identifying trend change using an easy 1-2-3 criteria. Just like that the intermediate trend has change. I was already looking for a pullback and selling to begin on the 30th. Because of headlines from new covid variant it has pushed the time line up. Let's go back and look at the 1-2-3 criteria. 1) a break in the trend. 2) a test of a proceeding high or low. 3) breaking of a proceeding minor rally high or minor sell off low. On the 24th when we talked about this, we had a break in trend #1, and we were looking for a retest of high before the trend break #2 now, we clearly see #3 a break of proceeding minor sell off. This tells me we are in store for first a pull back of at least 3to 5% before year end and possible correction. Now as for today I think we have seen most of the worst for the day so we will look at key reaction levels.

    video explanation avail on my direct post or in comments below

    Key support levels will be 460, 458 area and possibly 456 area. Key resistance levels will be 463 premarket, 464 and 466 areas.

    Watch for divergence and convergence in your indicators and internals. we will get some type of rally at some point today not sure if it will carry over into Monday or Tuesday of next week so my advice is to short into rallies using put verticals until next week when we can see confirmed carryover.

    submitted by /u/jmj_daytrader
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    Counterattack to selloff,take a look @ ATHX

    Posted: 26 Nov 2021 08:18 AM PST

    1.They have medicine that reduces icu time 2.Latest earnings beat 3. Ongoing test phase 2&3 4.Only medicine for covid19 icu time reduce 5. R/R is there,240m marketcap

    //

    Investors might want to bet on Athersys, Inc. (ATHX), as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

    A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

    Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

    Therefore, the Zacks rating upgrade for Athersys, Inc. basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

    submitted by /u/Electrical_Fig6675
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    Covestro and $MMAT Officially Partners!

    Posted: 26 Nov 2021 08:00 AM PST

    Growth Account

    Posted: 26 Nov 2021 05:31 AM PST

    Happy Holidays everyone! I hope these holidays being nothing but blessing to you and your family and of course your accounts!!! So I'm opening up a growth account and want it to be strictly only indexes/ETF's. I'm going to be starting off with $6000 and will continue to deposit $1,000 on a weekly basis. This is going to be a very long term account for me as I am currently 26 years old and I just want this account to run for years. I currently have a dividend account as well, but thought why not create an account that I can fill with good index's and ETF's and just let it grow over the years while averaging in on everything. I was thinking of the following

    DIA QQQ SPYD VOO FNILX SWPPX VUG SDY VNQ VTWO SCHE

    Any suggestions on which ones I should start with? And which ones I should focus on more? And which ones I should just leave out

    submitted by /u/DreamK3ng
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