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    Tuesday, December 14, 2021

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    Stock Market - Priorities

    December 14, 2021

    Stock Market - Priorities

    Priorities

    Posted: 14 Dec 2021 08:23 AM PST

    Evergrande's boss forced to sell an additional 277.8 million shares as China's government says it's not bailing the property giant out

    Posted: 13 Dec 2021 04:21 PM PST

    Pfizer Covid-19 pills final study shows 90% efficacy

    Posted: 14 Dec 2021 06:47 AM PST

    'Roblox' contains a real money stock market aimed at children

    Posted: 14 Dec 2021 06:16 AM PST

    US Market Map December 13th - Big Red after green in pre-market

    Posted: 13 Dec 2021 08:43 AM PST

    Elon Musk’s stock sales could total $18 billion by the end of year

    Posted: 14 Dec 2021 07:32 AM PST

    Bank of England plans to remove interest rate rule for mortgages | Bank of England

    Posted: 14 Dec 2021 02:44 AM PST

    Apple set to hit $3 trillion mark, as stock hits all-time high

    Posted: 13 Dec 2021 12:15 PM PST

    Here's Your Daily Market Brief For December 14th

    Posted: 14 Dec 2021 05:23 AM PST

    📰 Top News

    S&P Futures: -0.19%; DOW Futures: +0.04%; Nasdaq Futures: -0.51%

    US stock futures are mixed in Tuesday morning trading after the major averages started the week in the red as Covid Omicron fears continue.

    We want more oil - OPEC raised its world oil demand forecast for the first quarter of 2022, stating that the Omicron variant would have a mild and brief impact on demand. Note: The oil cartel added that it was sticking to its timeline for a return to pre-pandemic level demand for oil.

    US commits to Central America's economic future - US Vice President Kamala Harris announced yesterday $1.2 billion in commitments from international businesses to support the economy and social infrastructure of Central American nations. Note: Nespresso, Microsoft, and Mastercard are a few of the companies that have committed to spending on initiatives to support the region.

    Gas pains for Russia - The European Union is planning a hard deadline to end long-term contracts to import natural gas from Russia as part of its green shift. Note: The EU's executive arm is seeking to prevent such contracts from being extended beyond 2049 as it overhauls its energy markets.

    ​

    🎯 Price Target Updates

    Piper Sandler upgrades Beyond Meat. BYND upgraded to NEUTRAL from UNDERWEIGHT - $64 (from $61)

    JP Morgan downgrades Adobe. ADBE downgraded to NEUTRAL from OVERWEIGHT - $680

    Daiwa Capital upgrades Ford. F downgraded to UNDERPERFORM from NEUTRAL - $19 (from $16)

    ​

    📻 In Other News

    Musk claims Person of the Year crown - Time magazine named Tesla and SpaceX CEO, Elon Musk, as its Person of the Year, capping off a year of noteworthy achievements for the entrepreneur. Note: Musk's spaceflight company made history in September when it successfully launched 4 private citizens into orbit, on the first mission to space with an all-civilian crew.

    California says mask up! - California will impose a state-wide mask mandate for indoor public spaces regardless of vaccination status, the state's top health official announced. Note: The mask mandate goes into effect on December 15th, and will remain in place until January 15th, 2022.

    New priorities are needed - A survey released by McKinsey and Company said nearly half of all jobless Americans stated that health issues were the main cause of their unemployment. Note: The survey said 30% of workers stated physical health issues were responsible for them leaving their jobs, while 15% said mental health was the main factor.

    ​

    📅 This Week's Key Economic Calendar

    TUESDAY: NFIB Small Business Optimism (Nov)

    WEDNESDAY: Business Inventories (Oct), FOMC Rate Decision, Fed Chairman press conference

    THURSDAY: Initial jobless claims (wk end 11-Dec), Markit US Manufacturing PMI

    FRIDAY: No major economic events

    📔 Snippet of the Day

    Quote of the day: "Life shrinks or expands on the proportion of your willingness to take risks and try new things" -Gary Vaynerchuk

    submitted by /u/hivincentc
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    Remote Work, Job Interviews, Business Meetings And Live Events Will All Be Conducted On The Meterverse In The Near Future

    Posted: 14 Dec 2021 03:21 AM PST

    (12/14) Tuesday's Pre-Market Stock Movers & News

    Posted: 14 Dec 2021 05:15 AM PST

    Good morning traders and investors of the r/StockMarket sub! Welcome to Tuesday! Here are your pre-market stock movers & news on this Tuesday, December 14th, 2021-

    Stock futures slip lower ahead of key inflation data, Fed meeting

    U.S. stock index futures were marginally lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.

    Futures contracts tied to the S&P 500 futures declined 0.13% while and Nasdaq 100 futures were off by nearly 0.5%. Futures for the Dow Jones Industrial Average bounced between gains and losses.

    Tesla shares were among the biggest early droppers on the S&P 500, falling 2.3% premarket after CEO Elon Musk announced that that he has sold another $906.5 million in shares.

    Fellow automaker Ford also fell, down 2.2% following news that by 2030 Toyota would be investing $35 billion into battery-powered electronic vehicles, a space where Ford has sought to establish itself as a leader. Toyota itself declined even more, with shares off 3.4% premarket.

    Pfizer shares rose nearly 1% after final results of tests on its Covid drug showed it reduced hospitalizations and deaths by 89% in high-risk patients.

    The market will get fresh inflation data Tuesday when November's producer price index number is reported. Economists are expecting it to show that prices rose 0.5% for the month, according to estimates from Dow Jones. This would be a slight slowdown from October's 0.6% increase.

    The Federal Reserve also kicks off its two-day meeting on Tuesday. The central bank will release a statement on Wednesday with quarterly projections for the economy, inflation and interest rates. Chairman Jerome Powell will also hold a press conference.

    Morgan Stanley CEO James Gorman told CNBC on Monday that he thinks the central bank should start raising rates soon.

    "The Federal Reserve would be better off storing away some of rate increases, so when the inevitable turn down comes, you've got some ammunition to fight with," he said. "At the moment, at zero interest rates, we have no ammunition."

    Investors will be watching closely for commentary around if the Fed plans to accelerate the end of its bond-buying program. At present, the central bank's asset purchase program will end in June 2022, but several officials have spoken about ending the purchases sooner.

    "So far the bond market has given the Fed a pass on inflation — whether it will continue to do so is in doubt," noted Willie Delwiche, investment strategist at All Star Charts. "The real fireworks coming from the meeting are likely to be around expectations for rate hikes in 2022," he added.

    The latest CNBC Fed Survey showed that investment professionals and economists expect the Fed to wind down its asset purchases by March and begin rate hikes in June.

    During trading Monday, the Dow slid 0.89%, or 320 points, while the S&P 500 dipped 0.9%. The Nasdaq Composite fell 1.39% as investors rotated out of technology stocks with high valuations.

    Shares of airlines and cruise line operators declined amid fears that the omicron variant could slow travel.

    While equities fell broadly on Monday, growth areas of the market underperformed. The iShares Russell 1000 Growth ETF dipped 1.22%, while the iShares Russell 1,000 Value ETF declined 0.45%.

    Despite Monday's decline for equities, the S&P 500 is roughly 1.6% below its Nov. 22 all-time intraday high. The Dow is 2.5% below its record, while the Nasdaq Composite is about 5% under its high-water mark. The Russell 2000 index is down a sharper 11.3% since its Nov. 8 high.

    Looking forward, some strategists, including LPL Financial's Ryan Detrick, believe there's upside ahead for equities.

    "We believe pent-up demand, gradual improvement in supply chain challenges, solid labor force growth, and productivity gains will all contribute to another year of above-trend economic growth in 2022," he wrote in a note to clients. "COVID-19-related risks remain and the potential for a policy mistake may be elevated as the economy moves towards normalization, but we think the overall environment will be supportive of business growth and ultimately equity markets," he added.

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($ADBE $FDX $HEXO $ACN $DRI $TTC $CLSK $JBL $WOR $ABM $LEN $PHX $WGO $NDSN $REGV $TCOM $ASPU $IRNT $REPX $BLZE $SCS $HEI $BLBD $SKIL $JILL $SEAC $MMMB $RICK $NX $TNP $CMTG $JOBS $CSBR $LVLU $EXFY)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($HEXO $PHX $BLZE $REPX $JILL $CSBR $CMTG)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    ([CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!]())

    (N/A.)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

    • DOGE.X
    • AMC
    • GME
    • BYND
    • LAZR
    • KMPH
    • LICY
    • NET
    • NKE

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    GameStop (GME) – The videogame retailer – one of the so-called "meme" stocks – lost another 3.1% in the premarket following a nearly 14% tumble yesterday to its lowest close since March. GameStop had seen its stock slide last week after reporting a wider quarterly loss.

    STOCK SYMBOL: GME

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    AMC Entertainment (AMC) – The movie theater operator's stock slid 6% in premarket trading, after extending a losing streak to 3 days with a more than 15% plummet Monday. Last week, CEO Adam Aron sold all his holdings in AMC while CFO Sean Goodman sold the bulk of his AMC stock.

    STOCK SYMBOL: AMC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Beyond Meat (BYND) – The maker of plant-based meat substitutes saw its stock jump 4.8% in premarket action, putting it in a position to break a 3-day losing streak. Piper Sandler upgraded the stock to "neutral" from "underweight," saying a nationwide launch at McDonald's (MCD) could happen within less than 3 months.

    STOCK SYMBOL: BYND

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Pfizer (PFE) – The drugmaker said a final study of its antiviral Covid-19 pill showed it to be 89% effective in preventing hospitalizations and deaths in high-risk patients, similar to what earlier studies had shown. It added that the drug appears to be effective against the omicron variant.

    STOCK SYMBOL: PFE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Tesla (TSLA) – Tesla shares slid 1.5% in premarket trading after CEO Elon Musk sold more of his holdings to cover tax bills generated by the exercising of stock options. Tesla has dropped more than 20% from its all-time high and its overall market value has fallen back under the $1 trillion mark.

    STOCK SYMBOL: TSLA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Weibo (WB) – Weibo slid 5.3% in the premarket after the China-based social networking company was fined 3 million yuan (about $471,000) by regulators, who said some of Weibo's accounts and content violated various laws and regulations.

    STOCK SYMBOL: WB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Terminix Global (TMX) – The pest control company's shares soared 21.9% in the premarket after it agreed to be acquired by British rival Rentokil for $6.7 billion in cash and stock.

    STOCK SYMBOL: TMX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Alcoa (AA) – The aluminum producer's shares rallied 4.2% in premarket trading following news that the stock will be added to the S&P Midcap 400 Index prior to the opening of trading next Monday. It replaces Hill-Rom Holdings, which is being acquired by Baxter International (BAX).

    STOCK SYMBOL: AA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Dell Technologies (DELL) – The computer maker's stock was downgraded to "in line" from "outperform" at Evercore, which notes Dell's nearly 60% appreciation this year ahead of what it sees as a moderating personal computer market. Dell lost 1.7% in the premarket.

    STOCK SYMBOL: DELL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Ralph Lauren (RL) – The apparel maker slid 3% in the premarket after a Goldman Sachs double downgrade to "sell" from "buy" on the thesis that brand momentum indicators are fading.

    STOCK SYMBOL: RL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Neogen (NEOG) – The food safety company's stock surged 12.1% in premarket trading after it announced a deal to combine itself with the food safety division of 3M (MMM).

    STOCK SYMBOL: NEOG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.

    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?

    I hope you all have an excellent trading day ahead today on this Tuesday, December 14th, 2021! :)

    submitted by /u/bigbear0083
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    Wilmot Kidd uses Buffett-style investing, returns 15% for 47 years

    Posted: 13 Dec 2021 02:31 PM PST

    'Conflicted Congress': Key findings from Insider's five-month investigation into federal lawmakers' personal finances

    Posted: 13 Dec 2021 08:10 PM PST

    Healthcare, Utilities, and REITs are up today while Tech, Finance, and Energy are in the red

    Posted: 13 Dec 2021 02:44 PM PST

    FTSE 100 ends lower on Monday as pre-Christmas central bank meetings, Omicron restrictions eyed

    Posted: 14 Dec 2021 04:59 AM PST

    Best stocks to fight inflation

    Posted: 13 Dec 2021 07:00 PM PST

    We all know inflation is real and it's here to stay for the foreseeable future. As inflation picks up, we already know the FED will have to increase interest rates. The question is - how do we invest with this in mind? I've been questioning this for months now.

    I've heard two theories. The first states that inflation is no real concern for the stock market in general, in fact it states it's actually good for the stock market.

    The second theory states that as inflation rises there tends to be an inverse relationship to stock market growth, and specifically company P/E ratios. Growth stocks tend to lose ground as P/E ratios come back down to earth.

    I tend to believe the second theory as it makes more sense to me. Low interest rates and easy money for the past decade have fueled a magnificent bull run. As rates go up, and money tightens, I believe we'll likely see a pullback or correction in the market. To what extent? I do not know.

    So what do we do with this information? Which stocks or sectors do well during inflationary increases? From my research it's been energy, oil, commodities, and gold. Will this trend prove to be true once again?

    I'm not claiming to have the answers, but I wanted to start the discussion.

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

    8 Financial Tips for Young Adults

    Posted: 14 Dec 2021 12:26 AM PST

    ​

    A class titled "Financial Tips for Adults" usually isn't part of a high school curriculum. This unfortunate lack leaves many young adults clueless about how to manage their money, apply for credit, and get or stay out of debt. States are beginning to remedy this shortcoming—as of 2020, 21 are requiring high school students to take a course in personal finance, and 25 are requiring that they take an economics class.

    That should help at least a segment of the next generation. But for those whose high school days are past, let's take a look at eight of the most important things to understand about money. These financial tips are designed to help you live your best financial life and take advantage of the fact that the younger you are, the more time your savings and investments have to grow.

    KEY TAKEAWAYS

    • Taking the time to learn a few critical financial rules can help you build a healthy financial future.
    • Learning to prepare your annual tax return yourself could save you money.
    • Start an emergency fund and pay into it every month, even if it is a small amount.
    • Saving for retirement is an integral part of any financial plan, and starting young gives you the most time to grow your nest egg.
    1. Learn Self-Control

    If you're lucky, your parents taught you this skill when you were a kid. If not, keep in mind that the sooner you learn the fine art of delaying gratification, the sooner you'll find it easy to keep your personal finances in order. Although you can effortlessly buy an item on credit the minute you want it, it's better to wait until you've actually saved up the money for the purchase. Do you really want to pay interest on a pair of jeans or a box of cereal? A debit card is equally handy and takes the money from your checking account at once, keeping you from racking up an interest-bearing balance.

    If you make a habit of putting all your purchases on credit cards despite not being able to pay your bill in full at the end of the month, then you might still be paying for those items in 10 years. Credit cards are convenient, and paying them off on time helps you build a good credit score. And some offer appealing rewards. Except in rare emergencies, though, make sure to always pay your balance in full when the bill arrives. Also, don't carry more cards than you can keep track of. This financial tip is crucial for creating a healthy credit

    2. Control Your Financial Future

    If you don't learn to manage your money, then other people will find ways to mismanage it for you. Some of these people may be ill-intentioned, like unscrupulous, commission-based financial planners. Others may be well-meaning but may not know what they're doing, like Grandma Betty, who really wants you to own your own house even though you can only afford one by taking on a risky adjustable-rate mortgage.

    Instead of relying on others for advice, take charge and read a few basic books on personal finance. Once you're armed with knowledge, don't let anyone catch you off guard—whether it's a significant other who slowly siphons off your bank account or friends who want you to go out and blow tons of money with them every weekend.

    3. Know Where Your Money Goes

    Once you've gone through a few personal finance books, you'll realize how important it is to make sure that your expenses aren't exceeding your income. The best way to do this is by budgeting. Once you see how the cost of your morning coffee adds up over the course of a month, you'll realize that making small, manageable changes in your everyday expenses can have as big an impact on your financial situation as getting a raise.

    In addition, keeping your recurring monthly expenses as low as possible can save you significant money over time. Even if you can swing an amenity-packed apartment now, picking something plainer could let you afford to own a condominium or house sooner than you otherwise would.

    Understanding how money works is the first step toward making your money work for you.

    4. Start an Emergency Fund

    One of personal finance's most-repeated mantras is "pay yourself first." No matter how much you owe in student loans or credit card debt, and no matter how low your salary may seem, it's wise to find some amount—any amount—of money in your budget to sock away in an emergency fund every month.

    Having money in savings to use for emergencies can keep you out of trouble financially and help you sleep better at night. Also, if you get into the habit of saving money and treating it as a non-negotiable monthly expense, then pretty soon, you'll have more than just emergency money saved up—you'll have retirement money, vacation money, or even money for a down payment on a home.

    It's easy to put your fund into a standard savings account, but this earns almost no interest. Put your fund in a high-yield savings account, short-term certificate of deposit (CD), or money market account. Otherwise, inflation will erode the value of your savings. Just make sure the rules of your savings vehicle permit you to get to your money quickly in an emergency.

    5. Start Saving for Retirement

    Just as your parents probably sent you off to kindergarten with high hopes of preparing you for success in a world that seemed eons away, you need to plan for your retirement well in advance. Because of the way compound interest works, the sooner you start saving, the less principal you'll have to invest to end up with the amount that you need to retire.

    Why start saving for your retirement in your 20s? Here's an Investopedia example: You start investing in the market at $100 a month, averaging a positive return of 1% a month or 12% a year, compounded monthly over 40 years. Your friend, who is the same age, doesn't begin investing until 30 years later and invests $1,000 a month for 10 years, also averaging 1% a month or 12% a year, compounded monthly. After 10 years, your friend will have saved up around $230,000. Your retirement account will be a bit over $1.17 million.

    Company-sponsored retirement plans are a particularly great choice because you get to put in pretax dollars and companies will often match part of your contribution, which is like getting free money. Contribution limits tend to be higher for 401(k)s than for individual retirement accounts (IRAs), but any employer-sponsored plan that you're fortunate enough to be offered is a step closer to financial health.2

    If you don't have access to a company plan, don't despair. Those who are self-employed have a range of options for setting up retirement plans. Others can open their own IRAs, allowing for a set amount of money each month to be withdrawn from their savings account and contributed directly into their IRA. Even if it's only a small sum, it will eventually add up to something helpful.

    6. Get a Grip on Taxes

    It's important to understand how income taxes work even before you get your first paycheck. When a company offers you a starting salary, you need to know how to calculate whether that salary will give you enough money after taxes to meet your financial obligations—and, you hope, meet your goals.

    Fortunately, there are plenty of online calculators that take the dirty work out of determining your payroll taxes, such as PaycheckCity.com.3 These calculators will show you your gross pay, how much goes to taxes, and how much you'll be left with—which is also known as net pay or take-home pay. For example, an annual salary of $35,000 in New York City would leave you with around $27,490 after federal taxes without exemptions for the 2020–2021 filing season—about $2,291 a month. Then you need to consider state and (for New York City) city taxes in addition.

    By the same token, if you're considering leaving one job for another in search of a salary increase, then you'll need to understand how your marginal tax rate will affect your raise. For example, a salary increase from $35,000 a year to $41,000 a year won't give you an extra $6,000 per year ($500 per month)—it will only give you an extra $4,227 (around $352 per month). The amount will vary depending on your state of residence and its potential tax bite, so take that into consideration if you're pondering a move.

    Also Read: Five money matters to consider before flying abroad for higher studies

    Finally, take the time to learn to do your own taxes. Unless you have a complicated financial situation, it's not that hard to do, and you won't have the expense of paying a tax professional for the work. Tax software makes the job much easier than it was when your parents were starting out and ensures that you can file online.

    7. Guard Your Health

    If meeting monthly health insurance premiums seems impossible, what will you do if you have to go to the emergency room—where a single visit for a minor injury like a broken bone can cost thousands of dollars? If you're uninsured, don't wait another day to apply for health insurance. It's easier than you think to wind up in a car accident or trip and fall down a flight of stairs.

    If you're employed, then your employer may offer health insurance, including high-deductible health plans that save on premiums and qualify you for a Health Savings Account (HSA). If you need to buy insurance on your own, investigate the plans offered by the Health Insurance Marketplace of the Affordable Care Act (ACA). There are federal plans, or your state may have its own plan. Look at quotes from different insurance providers to find the lowest rates and see if you qualify for a subsidy based on your income. If you have health issues, know that a more expensive plan could be cost-effective for you. Research all your options.

    If you're under age 26, then your best choice may be to stay on your parents' health insurance if they have it—an option allowed since the 2010 passage of the ACA. If you can manage it, offer to reimburse them for the additional cost of keeping you on their plan.

    It also pays to take daily steps now to keep yourself healthy—such as eating fruits and vegetables, maintaining a healthy weight, exercising, not smoking, avoiding excessive alcohol consumption, and driving defensively. All these behaviors can save you on medical bills down the road.

    Due to the COVID-19 pandemic, President Biden ordered an extra open enrollment period for healthcare coverage under the Affordable Care Act, from Feb. 15, 2021, to Aug. 15, 2021.4 In addition, Biden's American Rescue Plan, signed into law on March 11, 2021, has expanded access to healthcare coverage while lowering its costs.5 The plan also includes increased incentives for the 12 states that have not participated in the ACA's Medicaid expansion to do so, potentially providing healthcare coverage for more than 3 million currently uninsured people.6

    8. Protect Your Wealth

    To make sure that all of your hard-earned money doesn't vanish, you'll need to take steps to protect it. Here are some steps to think about, even if you can't afford them all right now:

    If you rent, get renters insurance to protect the contents of your place from events such as burglary or fire. Read the policy carefully to see what's covered and what isn't.

    Also Read: Foreign education for your child's future ? Invest in US index funds

    Disability insurance protects your greatest asset—the ability to earn an income—by providing you with a steady income if you ever become unable to work for an extended period of time due to illness or injury.

    If you want help managing your money, find a fee-only financial planner to provide unbiased advice that's in your best interest, rather than a commission-based financial advisor, who earns money when you sign up with the investments that their company backs. The latter has a potentially divided loyalty (to their company's bottom line, and to you), while the former has no incentive to guide you down a wrong path.

    You'll also want to protect your money from taxes—which is easy to do with a retirement account—and from inflation, which you can do by making sure that all of your money is earning interest. There are a variety of vehicles in which you can invest your savings, such as high-interest savings accounts, money market funds, CDs, stocks, bonds, and mutual funds. The first three are relatively free of risk, while the remaining three carry greater possibilities for financial setbacks but also greater possibilities for monetary rewards. Learning about investing is an important skill for building up your savings—and, eventually, building wealth.

    The Bottom Line

    Remember, you don't need any fancy degrees or a special background to become an expert at managing your finances. If you use these eight financial rules and financial tips for your life, then you can be as personally prosperous as someone with a hard-earned MBA in finance.

    submitted by /u/Logical_Importance65
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    November gainers - top 5 tickers with the highest insiders *buying* activity

    Posted: 13 Dec 2021 02:12 PM PST

    November gainers - top 5 tickers with the highest insiders *buying* activity

    Hola! Today's research will be based on insiders' buying activity.

    I've collected the data from financial sources like Nasdaq/SEC.gov and then aggregated it for all public US companies (5400 companies). As a result, I discovered top companies where the insiders have been buying shares the most rapidly over November:

    1. Canoo Inc. ($GOEV) - a mobility technology company, designs, engineers, develops and manufactures electric vehicles for commercial and consumer markets in the United States.

    $GOEV

    Canoo's stock gained an astounding 49% in November after exceeding the Q3 report expectations on November 15th:

    $GOEV stock price

    Also, on November 16th, $GOEV announced that they plan to start production of its first EV model (a battery-electric passenger van called the Lifestyle Vehicle) before Q4 2022 which caused lots of discussions on Twitter that day and affected the stock's price as well:

    $GOEV twitter mentions

    2. Outlook Therapeutics, Inc. ($OTLK) - a late clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications.

    $OTLK

    3. Inspired Entertainment, Inc. ($INSE) - a business-to-business gaming technology company, supplies virtual sports and server-based gaming (SBG) products to regulated lottery, betting, and gaming operators worldwide.

    $INSE

    On November 16th, $INSE announced today that it has signed a multi-market contract to launch its best-in-class interactive Virtual Sports content with Novibet, one of the leading online gaming companies operating in several countries across Europe. Also, Inspired Entertainment showed good financial results for Q3 (both in revenue, gross profit, and net income), so this company is worth watching:

    $INSE fundamentals

    4. Sirius XM Holdings Inc. ($SIRI) - headquartered in New York, Sirius XM Holdings Inc. was founded in 1990. The radio broadcasting company creates and broadcasts a variety of content such as commercial-free music, premier sports and live events, news and comedy and exclusive talk and entertainment shows. Sirius XM provides radio services to users in the United States and Canada.

    $SIRI

    $SIRI stock is one of the top value stocks to invest in for the long term according to the hedge-funds and analysts. Also, Sirius has been actively hiring new staff this year which can't be a bad sign for investments:

    $SIRI job openings

    5. Axon Enterprise, Inc. ($AXON) - the company develops, manufactures, and sells conducted energy weapons (CEWs) under the TASER brand in the United States and internationally.

    $AXON

    Axon Enterprises continues to push the limits of its software solutions, expanding into several key areas over the last 10 years. Btw, $AXON has surpassed Q3 earnings and revenues estimates:

    $AXON fundamentals

    What are your thoughts about these tickers?

    submitted by /u/vilnitskiy
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    Why are bond yields dropping today?

    Posted: 13 Dec 2021 09:23 AM PST

    Today all the bond yields are dropping:

    As far as I understand this, when bond yield drop that is because investors are buying bonds. When investors buy bonds (more offer than demand) the price of the bond raises, therefore those bonds give lower yield if you purchase them at this value.

    So why is anyone buying bonds when it is expected that the FED is going to announce a raise of interest rates sooner than expected this Wednesday? Can anyone explain this to me? If you expect a market crash you keep cash not buy bonds if you also expect a raise of interest rates. It makes zero sense.

    submitted by /u/polloponzi
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    Financial crash warning: Top economist suggests 'Next recession sooner than expected | City & Business | Finance

    Posted: 14 Dec 2021 01:54 AM PST

    Anybody else in MSSMX? What happened today?

    Posted: 13 Dec 2021 06:18 PM PST

    Upcoming Earnings Releases by Implied Movement

    Posted: 13 Dec 2021 03:27 PM PST

    (12/13) Monday's Pre-Market Stock Movers & News

    Posted: 13 Dec 2021 05:29 AM PST

    Good Monday morning traders and investors of the r/StockMarket sub! Welcome to the new trading week and a fresh start! Here are your pre-market stock movers & news on this Monday, December 13th, 2021-

    S&P 500 looks set to add to its record close from Friday with futures higher

    S&P 500 futures rose early Monday after the index notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.

    Dow Jones Industrial Average futures traded 40 points higher, or 0.1%. S&P 500 futures inched up 0.2% and Nasdaq 100 futures were up 0.34%.

    Moderna shares were among the strongest gainers premarket Monday, rising 2.4% a day after the White House's top infectious disease expert Dr. Anthony Fauci called Covid booster shots "optimal care," but said the definition of fully vaccinated would not change.

    Elsewhere, Apple moved closer in its quest to become the market's first $3 trillion company, gaining 1% premarket following an upgrade from JP Morgan.

    Also, chipmaker Nvidia, which has become a signature reopening trade, was up 1.7% on optimism that omicron would not be as disruptive as initially thought.

    The early Monday action followed a strong week on Wall Street as investors shrugged off a hot inflation reading. The blue-chip Dow gained 4% last week, breaking a four-week losing streak with its best weekly performance since March. The S&P 500 and the Nasdaq Composite jumped 3.8% and 3.6%, respectively, last week, both posting their best weekly performance since early February.

    Investors digested a jump in headline inflation data, which came in at 6.8% in November year-over-year for the biggest surge since 1982. The print was marginally higher than the 6.7% Dow Jones estimate.

    "The fact is that inflation is likely to remain on the higher side for a while and risks of sticky inflation remain, although we believe that the passing of base effects and the easing of supply chain constraints by the end of the first quarter of next year should slowly bring inflation down to more comfortable levels," Rick Rieder, BlackRock's chief investment officer of global fixed income, said in a note.

    The key inflation reading came ahead of the Federal Reserve's two-day policy meeting this week where the policymakers are expected to discuss speeding up the end of its bond-buying program.

    Fed Chair Jerome Powell, as well as a parade of Fed speakers, all recently suggested the central bank could end the $120 billion monthly bond purchase program sooner than the current timeline of June 2022.

    "We believe markets can continue take a higher inflation reading in their stride, though additional volatility remains a risk. With Fed policy staying relatively accommodative, the backdrop for equities is still positive, and we favor winners from global growth," said Mark Haefele, Chief Investment Officer of UBS Global Wealth Management.

    Stocks bounced back last week as investors bet that the initial worry about the Covid strain is overblown. Many also took solace in the news from Pfizer and BioNTech that a study found three doses of their vaccine provides a high level of protection against the variant.

    As of Sunday, the U.S. was approaching 800,000 coronavirus-related deaths. The new variant has pushed some government officials to reinstate health restrictions to slow the spread.

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    LAST WEEK'S MARKET MAP:

    (CLICK HERE FOR LAST WEEK'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    LAST WEEK'S S&P SECTORS:

    (CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($ADBE $FDX $HEXO $ACN $DRI $TTC $CLSK $JBL $WOR $ABM $LEN $PHX $WGO $NDSN $REGV $TCOM $ASPU $IRNT $REPX $BLZE $SCS $HEI $BLBD $SKIL $JILL $SEAC $MMMB $RICK $NX $TNP $CMTG $JOBS $CSBR $LVLU $EXFY)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

    (N/A.)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    ([CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!]())

    (N/A.)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

    FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #5!)

    FRIDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

    • SGMA
    • BLU3
    • AAPL
    • ARNA
    • IMPX
    • HOOD
    • FHTX
    • ATNM
    • ESSC
    • HOG

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Harley-Davidson (HOG) – The motorcycle maker's stock surged 11.7% in the premarket after it announced that it is merging its "Livewire" electric motorcycle unit with a special purpose acquisition company. Livewire will have an enterprise value of about $1.8 billion and will trade on the New York Stock Exchange under the ticker symbol "LVW."

    STOCK SYMBOL: HOG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Pfizer (PFE), BioNTech (BNTX) – Pfizer rose 1.4% in the premarket while BioNTech jumped 4.4% after a new Israeli study showed that a booster shot from their Covid-19 vaccine provided strong protection against severe illness from the omicron variant. Pfizer's pre-market gains were trimmed following news of its deal to acquire Arena Pharmaceuticals.

    STOCK SYMBOL: PFE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    STOCK SYMBOL: BNTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Arena Pharmaceuticals (ARNA) – The drugmaker agreed to be acquired by Pfizer for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction.

    STOCK SYMBOL: ARNA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Peloton (PTON) – The fitness equipment maker rebounded 2.6% in premarket action after falling 7% over the past three sessions. Peloton released an ad featuring actor Chris Noth promoting the value of the company's equipment, after his character's death in the "Sex and the City" reboot following a Peloton ride.

    STOCK SYMBOL: PTON

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Dollar Tree (DLTR) – The discount retailer's stock fell 1% in premarket trading after activist investor Mantle Ridge announced its intention to try to replace the entire Dollar Tree board. Dollar Tree called the move "unwarrantedly aggressive" and said it had offered to explore a settlement with Mantle Ridge, which owns 5.7% of Dollar Tree.

    STOCK SYMBOL: DLTR

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple (AAPL) – Apple rose 1.1% in the premarket after J.P. Morgan Securities raised its price target for the stock to a Street-high of $210 per share from $180 a share, and reiterated it as a top pick going into 2022.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Nasdaq-100 additions – Stocks being added to the index as of Monday, December 20, rose in premarket trading following news of their inclusion. The stocks include Palo Alto Networks (PANW), up 2.7%; Airbnb (ABNB), up 2.1%; Fortinet (FTNT), up 3.7%; Lucid Group (LCID), up 5.9%; Zscaler (ZS), up 3.4%; and Datadog (DDOG), up 3.1%.

    Nasdaq-100 subtractions – Stocks being replaced in the Nasdaq-100 include CDW (CDW), down 1.8% in the premarket; Fox Corp. (FOXA), down 2.2%; Cerner (CERN), down 1.8%; Check Point Software (CHKP), down 1.1%; Trip.com (TCOM), down 1.2%; and Incyte (INCY), down 0.6%.

    Rivian (RIVN) – The electric vehicle maker's stock rose 1.9% in the premarket following news that its R1T had been named Motor Trend's truck of the year, beating out entries from Ford, GM and Hyundai.

    STOCK SYMBOL: RIVN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.

    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?

    I hope you all have an excellent trading day ahead today on this Monday, December 13th, 2021! :)

    submitted by /u/bigbear0083
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    Here's Your Daily Market Brief For December 13th

    Posted: 13 Dec 2021 05:42 AM PST

    📰 Top News

    S&P Futures: +0.17%; DOW Futures: +0.03%; Nasdaq Futures: +0.35%

    US stock futures inched higher Monday morning after the S&P notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by Omicron variant fears.

    G-7 tells Russia stop or else... - The G7 (an inter-governmental political forum) warned Russia that there will be "massive consequences" and severe costs if President Vladimir Putin attacks Ukraine. Note: At a meeting in England, G-7 delegates said they were united in their condemnation of Russia's military build-up near Ukraine and called on Moscow to de-escalate.

    Sound the alarm in the UK! - The UK raised its Covid alert level due to a rapid increase in the number of Omicron cases across the country. Note: The decision to increase the five-stage public health risk assessment from level 3 to 4 came after a further 1239 cases of the variant were recorded yesterday.

    Pandemic poverty takes a global toll - More than half a billion people were pushed into extreme poverty in 2020 due to healthcare costs associated with Covid-19 according to a report from the World Health Organization Note: Globally, the pandemic made things worse with drops in immunization coverage for the first time in 10 years along with rising malaria and tuberculosis deaths.

    ​

    🎯 Price Target Updates

    Wedbush upgrades GoPro. GPRO upgraded from OUTPERFORM to NEUTRAL - $13.50 (from $11)

    UBS downgrades Merck. MRK downgraded to NEUTRAL from BUY - $76 (from $98)

    UBS upgrades Pfizer. PFE upgraded to BUY from NEUTRAL - $60 (from $52)

    ​

    📻 In Other News

    Short sellers to get a long look - The US Department of Justice has launched a criminal investigation into short selling by hedge funds and research firms, looking for evidence that they improperly coordinated trades. Note: The probe digs into how hedge funds use research and set up trades especially in the run-up to publications that move stocks.

    Peloton rides for its own cause - Peloton came to its own defense after a scene from a reboot of the "Sex and The City" movie implied its products lead to health complications and sent its shares tumbling. Note: Peloton was a huge pandemic beneficiary with its share price rising 440% in 2020 when people were stuck at home.

    Sleeping on the job? - 80% of GenZ workers say they've taken a nap on the job according to a survey conducted by luxury bedding maker Plushbeds. Note: The study found that napping at work was more common than not, with more than 2 in 3 respondents saying that had napped before.

    📅 This Week's Key Economic Calendar

    MONDAY: No major economic events

    TUESDAY: NFIB Small Business Optimism (Nov)

    WEDNESDAY: Business Inventories (Oct), FOMC Rate Decision, Fed Chairman press conference

    THURSDAY: Initial jobless claims (wk end 11-Dec), Markit US Manufacturing PMI

    FRIDAY: No major economic events

    📔 Snippet of the Day

    Quote of the day: "One of the funny things about investing is that for every seller there is a buyer and both think they're right" -William Feather

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

    Morning Update for Monday, 12/13/21

    Posted: 13 Dec 2021 05:40 AM PST

    Good morning everyone, I hope you had a nice weekend. Let's start this week off right.

    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:

    • ABNB
    • NVAX
    • MRNA
    • LCID
    • HOG
    • PTON

    Gapping DOWN:

    • TM
    • BABA
    • SQ
    • RCL
    • UAL
    • IGMS

    Momentum Watchlist:

    • BLU (+33%)
    • PTPI (+22%)
    • BLUE (+9%)
    • ABUS (+6%)
    • APVO (+6%)
    • CCO (+13%)

    Market Outlook:

    Stocks are looking at a somewhat mixed open after ending last week on a strong note. We should be getting a monetary policy decision from the Fed later this week, which could cause some volatility. With inflation continuing to rise, they could be forced to act sooner rather than later. Jerome Powell has stated that the Fed will finish tapering sooner than initially planned, and we should get some clarity regarding this issue later this week. While data on the omicron variant is still limited, it appears to be more transmissible but cause less severe disease than the Delta variant. The only concern is potential lockdowns, but we seem to be in the clear for now.

    SPY is trading a bit under 472. After a strong showing last week, we could see a push to fresh ATH. I'll be watching 470 as a potential support level. DIA is trading a bit over 360. I'll be watching that 360 level as potential support/resistance this morning. If it can hold over that level in today's trading, we could see a push to ATH as well. If we fail to hold over 360 support, we could retrace towards 356 support. QQQ is trading a bit under 400. I'll be watching 400 as a key resistance level. If we can break through and hold up over that level, I'll be watching for a push to fresh ATH. Gold is trading flat this morning, while silver is up a bit. Crude oil is down, but still holding over the $70 level. Bitcoin is currently trading around 48,400. Hovering around support levels, I'll be watching closely today as we could see some more weakness. I'll be watching around 47,000 as potential support. Ethereum is trading a bit under 4,000. I'll be watching the 3,900 level as potential support. Crypto-related stocks are down in premarket trading as a result. Airlines and cruise stocks are down a bit in premarket trading. After failing to break back above previous support levels in last week's trading, we could be in for some more choppiness.

    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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