Stocks - r/Stocks Daily Discussion Wednesday - Feb 16, 2022 |
- r/Stocks Daily Discussion Wednesday - Feb 16, 2022
- RBLX tumbles -15% after earnings miss
- How I made 250% virtual profit and lost 70% of my money. My story of Investing from July 2019 till date
- Can somebody help me understand losing money in the stock market?
- Intel to Acquire Tower Semiconductor for $5.4 Billion
- Four bank have custody of over US$179 Trillion in assets
- Why would someone purchase 3.5 billion in extremely deep ITM SPX calls?
- Wholesale prices rise 1% in January, up 9.7% over the past year
- Airbnb Q4 2021 Earnings Report
- Can someone help me understand inflation, supply chains, and interest rates?
- Facebook/Meta "fair value estimate" at Morningstar is 400/share.
- The keeping strategy
- r/Stocks Daily Thread on Meme Stocks Wednesday - Feb 16, 2022
- What are the best ways to learn the foundational skills of assessing a stock?
- Marriott's stock rallies into record territory after revenue more than doubles to beat expectations
- Is it normal for 1099Bs to show bogus wash sales?
- I'm convinced in Emerging Markets booming in the next decade, but I'm unsure how to invest in individual stocks
- Shopify Announces Fourth-Quarter and Full-Year 2021
- $TSLA Bullish price is 287USD (DD)
- What’s your outlook on VIAC?
- Russia returns some troops to base in areas near Ukraine
- Metaverse stocks with near-term potential, or the industry still too "far out" at this point.
- 12 Rules for Avoiding Misery
- BMY and Senior Notes Offering?
r/Stocks Daily Discussion Wednesday - Feb 16, 2022 Posted: 16 Feb 2022 02:30 AM PST These daily discussions run from Monday to Friday including during our themed posts. Some helpful links:
If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Please discuss your portfolios in the Rate My Portfolio sticky.. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments] |
RBLX tumbles -15% after earnings miss Posted: 15 Feb 2022 01:18 PM PST Q4 GAAP EPS of -$0.25 misses by $0.13. Revenue of $568.8M (+83.5% Y/Y) misses by $212.9M. January 2022 Key Metric Estimates: Revenue was between $203 million - $206 million, up 64% - 66% year over year; DAUs were 54.7 million, up 32% from January 2021; Hours engaged were 4.2 billion, up 26% year over year; Bookings were between $220 million and $223 million, up 2% - 3% year over year; ABPDAU were between $4.02 - $4.08, down 22% - 23% year over year [link] [comments] |
Posted: 16 Feb 2022 02:11 AM PST
[link] [comments] |
Can somebody help me understand losing money in the stock market? Posted: 15 Feb 2022 10:17 PM PST I'm looking to start investing but I would need one of my parents since im a teen, so I got a question. Is it possible to go way into debt by accident? I don't want my parents going into debt because of a mistake I made [link] [comments] |
Intel to Acquire Tower Semiconductor for $5.4 Billion Posted: 16 Feb 2022 04:32 AM PST It looks like Intel is looking to increase their custom foundry capacity through acquisition to compliment their current organic fab build-out efforts. Interestingly, the numerous mentions of Tower's deep customer relationships makes me wonder if they were also working to beef up the customer service aspect of the custom foundry side as well (I have heard some talk that Intel has a relative paucity of experience working as a fab for external customers, but I have no evidence one way or another). From the press release: https://www.intc.com/news-events/press-releases/detail/1527/intel-to-acquire-tower-semiconductor-for-5-4-billion
...
edit: added a section from the press release [link] [comments] |
Four bank have custody of over US$179 Trillion in assets Posted: 15 Feb 2022 11:30 PM PST That is not a typo, Trillion. These are a special type of bank called a custodian bank: BNY Mellon, US$45.3 trillion in assets under custody and/or administration as of September 30, 2021 - source State Street, US$43.3 trillion in assets under custody as of September 30, 2021 - source JPMorganChase, $31.3 trillion in assets under custody as of the September 30, 2021 - source Citibank, over $28 trillion in assets under custody as of 2021 - source This is the aggregate of assets(in value) managed by mutual funds like BlackRock and Vanguard who are required to hand over custody of the proxy voting rights of stock held in their ETFs to these banks. In this way these four banks control the boards of every major publicly traded corporation. And they do it by voting the shares you purchase. For the full picture: https://thehotstar.net/theblackstone.html [link] [comments] |
Why would someone purchase 3.5 billion in extremely deep ITM SPX calls? Posted: 15 Feb 2022 09:18 AM PST I was looking through option flows last night and found that 3.5 billion in premiums was paid for SPX calls for 12/16/22. With a strike between 1000 and 1300. I get that normally deep ITM calls are a hedge for the downside, but this seems extreme since SPX is trading around 4400. Link to a screenshot of the options. https://www.reddit.com/user/MordantBengal/comments/st7w2c/unusual_option/?utm_medium=android_app&utm_source=share [link] [comments] |
Wholesale prices rise 1% in January, up 9.7% over the past year Posted: 15 Feb 2022 05:50 AM PST Prices at the wholesale level twice as high than expected. What asset classes survive, thrive, or get waxed? It seems stunning that the smartest guys in the room couldn't see this coming. It's almost as if the FED is managing politics more than rates. [link] [comments] |
Airbnb Q4 2021 Earnings Report Posted: 15 Feb 2022 01:53 PM PST https://money.yahoo.com/airbnb-q4-earnings-2021-211553102.html
[link] [comments] |
Can someone help me understand inflation, supply chains, and interest rates? Posted: 15 Feb 2022 09:55 PM PST Greetings! I am trying to understand what is going on right now regarding inflation. My knowledge is very limited, but here is what I think I understand as of now. When the pandemic started, the Fed lowered the interest rates to stimulate the economy and avoid a recession. During the pandemic, disruption of supply chains coupled with high demand (since we managed to avoid a recession) caused an inflation surge. In order to slow inflation, the Fed should raise interest rates, but that could disrupt the stock markets. This is where it gets mushy in my head. Why would higher interest rates slow inflation, and why could they disrupt the stock markets? How exactly are all these concepts tied together, and how do we move forward? Thank you for your help! [link] [comments] |
Facebook/Meta "fair value estimate" at Morningstar is 400/share. Posted: 15 Feb 2022 07:20 AM PST
FWIW. I'm starting to nibble, personally. Buying initial position in 1/3rds (starting today @ 219/share), then possibly slowly adding more depending on how other individual stocks do, affecting my cash position.
[link] [comments] |
Posted: 16 Feb 2022 01:23 AM PST So i am new to this whole stocks thing. I plan to buy the following stocks and i wanted to hear some more opinions before going in. I am not buying stocks i can trade all day. It is just to invest some of my money so it might throw of some profit instead of keeping it all in a savings account. General Dynamics Lockheed Martin Raytheon Alphabet inc Apple inc Tesla LVMH Hermes I friend told me to not just invest on one sector but to buy different stocks, so that if one goes down, it doesn't hit too hard. I know that i will not be a millionaire in 5 years but i just wanted your opionion on this investment strategy. [link] [comments] |
r/Stocks Daily Thread on Meme Stocks Wednesday - Feb 16, 2022 Posted: 16 Feb 2022 04:00 AM PST The meme stock scheduled posts will run Mon to Fri and won't be a sticky; you're probably seeing this because automod sent you here or you woke up early Wall St time; good morning! Full list of meme stocks here. This will be updated at least once a week. Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:
An important message from our mod u/TCGYT regarding meme stocks. Lastly if you need professional help:
[link] [comments] |
What are the best ways to learn the foundational skills of assessing a stock? Posted: 15 Feb 2022 06:14 PM PST I am trying to find a course or good places to build my foundational understanding of assessing a stock. Some online sources are okay but, a lot of them don't start with the fundamentals they explain the P/E ratio then explain the numbers that are used to calculate it but they don't explain those numbers and etc... I am just trying to find the best place I can learn the abc's (not "always be closing") [link] [comments] |
Marriott's stock rallies into record territory after revenue more than doubles to beat expectations Posted: 15 Feb 2022 05:33 PM PST The stock has rallied 10.1% over the last three months. I'm interested to see what the rest of the year looks like for them. On one hand, they enjoyed success from pent up demand of leisure travel despite Omicron and overall COVID concerns. On the other hand, lucrative business travel will take a while to rebound to pre pandemic levels (if ever) [link] [comments] |
Is it normal for 1099Bs to show bogus wash sales? Posted: 15 Feb 2022 04:49 PM PST Yes, it's a 1099b from Robinhood, yes, I know they suck, yes, I've already transferred to a reputable brokerage. Everything that the 1099b is showing as a "wash sale loss disallowed" doesn't appear to be a wash sale at all. For example, buy 1 share on 1 feb. Buy another share 2 feb. Sell both shares 28 feb for a loss. The loss from the 1 feb purchase is showing as a "wash sale disallowed." But I've exited the position entirely and have not re-entered (or bought anything substantially similar). Not a wash sale, right? Is this normal for 1099Bs, and it leaving it up to us to figure out if it's a true wash sale? I'm planning on figuring all of these bogus wash sales into my total gain/loss for the year, but will this potentially trigger an audit? Or are these specific numbers not reported to the IRS? [link] [comments] |
Posted: 15 Feb 2022 04:02 PM PST I know there are mutual funds/ETF's for emerging markets specifically but I'd rather hold the individual shares in my own name. Does anyone know a transfer agent where a basket of different emerging market stocks could be purchased and held? [link] [comments] |
Shopify Announces Fourth-Quarter and Full-Year 2021 Posted: 16 Feb 2022 04:29 AM PST Fourth-quarter 2021 Merchant Solutions Revenue exceeds $1 billion for the first time Fourth-Quarter Financial Highlights
*SHOP is down around 4.3% in premarket, compare to +3% premarket before ER release. Edit - source https://www.newsfilecorp.com/release/113952/Shopify-Announces-FourthQuarter-and-FullYear-2021-Financial-Results [link] [comments] |
$TSLA Bullish price is 287USD (DD) Posted: 15 Feb 2022 02:49 AM PST No emotions, minimum speculations, just raw impartial numbers. We will answer once and for all what is the fair value of TSLA. Chapter 1. Bull thesis (and other lies I tell myself?) Let's start with the typical bull thesis. The one you have probably encountered many times in the wilderness of reddit or twitter. It goes like this:
Let's start with an automotive sales part:
But careful observer would remind me that we are talking about Tech company and not an Auto company. But before we go there... let's discuss what is wrong with the bull thesis above. Chapter 2. Automotive market. Many analyses that I have read address future volumes only from the perspective of the supply. Analyses argue that the ramp up of the existing factories plus the introduction of new ones can support 50% growth, eventually reaching 20M car sales by 2030. What they often fail to address is the total addressable market (TAM), which is in our case the EV market in 2030. To be clear, below we will include both plug-in hybrids (PHEV) and battery electric vehicles (BEV) as parts of the EV market. The main reasoning is that for a wide target audience PHEV covers 95% of all use-cases (daily trips within a city) with electric power, therefore creates a real alternative to buying BEV (what happened to me and my wife personally). No doubt the EV market will be enormous by 2030. In particular:
2019 automotive sales by region as a percentage of the global are as follows (source): China - 26.5%, EU - 25.3%, US - 18.0%, Rest of the World - 30.2%. By taking into account assumptions on regional EV penetrations rate, we obtain: 0.265 x 0.4 + 0.253 x 1.0 + 0.180 x 0.5 + 0.302 x 0.2 = 0.509 or 50.9% global EV penetration rate. The next step is to evaluate total car sales in 2030. There are various forecasts, however most of them are in the same ballpark. According to ResearchAndMarkets (source) global automotive sales should reach 122.8M units by 2030. Worth noting that global automotive sales did not practically rise since 2016. Yet most of the research firms keep 2030 target by adjusting CAGR, which I personally find as an unlikely scenario. Especially with the recent inflation, chip shortage, supply chain and other issues. Nevertheless, by multiplying forecasted global automotive sales to global EV penetration rate we obtain 62.5M EV cars (PHEV + BEV) to be sold in 2030. It is important to understand that this is a bullish estimate rather than the base. First of all, we applied a very rude global level calculation. To be more accurate we need to apply analysis on the regional levels. In particular, auto sales for the rest of the World and China are expected to grow much faster than in the EU region. Therefore, lower EV penetration rate of the former (20% and 40%) relative to the latter (100%) would result in the lower global EV sales by 2030 than we estimated. Second, it is clear by commentary of the experts and the press that the aforementioned phase-out plans are ambitious and can be taken as a stretch targets. Elon in 2020 himself believed that the global BEV market would only be 30M by 2030 (source). Chapter 3. Tesla's market share. From EV-Volumes.com, we can take the annual global EV sales for the past years. It's easy to estimate Tesla's market share from this graph:
Not to raise an alarm, but it looks like Tesla's market share peaked at 16.2% and already started to decay. Two years is a bit short of a timeframe to make conclusions on the trend. But it is difficult to restrain yourself from making a connection between the loss of Tesla's market share and ramp up of Chinese OEMs, VW (id family), and wide range of PHEV from legacy. For 2030, in my most bullish view Tesla can at most maintain its 13.9% market share. Take into account the combination of increasing aforementioned competition and almost nonexistent roadmap of Tesla. To elaborate, Tesla has in production four models (two original designs from aesthetics perspective - head and tail lamps, bumpers, interior, etc.) - Model S/X and Model 3/Y. Cybertruck is expected to launch soon, however according to Elon himself, the target for CT is a mere 250K annual production. Model S/X is already a 10-years old design (except for the front facelift and an interior update). Model 3/Y's original design is 5-years old with no major updates yet. Given the 4-5 year median time between announcements and production of Tesla, we should not expect any new mass production model(s) before 2026. Especially given an already long pipeline of unfinished projects (Cybertruck, Roadster - niche product, Semi, etc.). By that time Model 3/Y would be 9 year old design (comparable to the current state of Model S/X). We have observed firsthand what such aging without any major updates might mean for the sales. Since 2018 combined sales of Model S/X dropped from 101.5K to 24.4K in 2021 (it was going down consistently for all the previous years as well, so do not attribute overall drop just to a model refresh). It is not difficult to understand why. When someone buys a new car for $100K, that person wants to make sure that people around recognize it as a new car for $100K and not say 10-year old used one for the price of $30K. So in order for Tesla to keep up the market share it needs to step up its game in introducing new models and doing major updates for existing ones. If people will start considering Model 3/Y to be rather outdated, the demand will fall off the cliff as we have seen with Model S/X. The fall of Model S/X can be attributed to the release of Model 3/Y. But unlike in 2017, there are far more alternatives now to the aging Model 3/Y as well. Despite all that, let's consider Tesla will sustain its 13.9% market share through 2030. Recall our estimates on EV global sales of 62.5M in 2030 and we obtain 8.7M Tesla cars to be sold in 2030. This is whopping 56.5% lower than in the original bull thesis, and will respectively lead to a TSLA valuation of 1.12T USD in 2030. An annual return of 2.5% (below inflation) if you invest at current prices. Chapter 4. ASP Perhaps for Teslanaires throwing $50K at a car is no big deal, but for most people said $50K is actually big money. If Tesla wants to sell 8.7M cars it needs to either (or preferably both) reduce the ASP of existing model lines or introduce cheaper ones. Especially given the aforementioned points on increasing competition, poor roadmap and aging line-up. 8.7M correspond to 7.1% of the total projected car sales in 2030. Only two brands (note, not manufacturers) had comparable market shares in 2020, namely Toyota with 8.5% and Volkswagen with 7.8% respectively (source). It is only logical to assume that the price distribution of Tesla cars should follow that of a Toyota or Volkswagen rather than, for example, Mercedez-Benz (3.1%) or BMW (2.7%). Neither Toyota Motor Corporation nor Volkswagen Group do not break down the sales and revenues by brands. We will take Toyota as an example as it only contains 2 major brands (Toyota and Lexus) in contrast to 5 major brands of Volkswagen (Volkswagen, Audi, Skoda, Seat and Porsche). According to the latest Toyota Financial report (Q1-Q3 combined) ASP of Toyota car is 3.8M yen or 33K USD, estimated by dividing automotive revenue of 23.3T yen by car deliveries of 6.1M. In reality these 23.3T yen also included financial services, and 6.1M deliveries also include Lexus, but it's a good enough approximation. Under the assumption that Tesla can dictate $5K premium for the same market share, Tesla's 2030 ASP is $49.5K (38K x 1.03^9) or 25% lower than the original bull thesis assumption of $66K. Deducting these extra 25% results in TSLA valuation by end 2030 of $840B, or -0.7% annual return if you invest today. See the discrepancy between these numbers and 3-10T valuations TSLAnalysts target for as soon as 2025? And they often claim that nothing other than auto sales are included in their models. Margins. One topic I will not touch in this post is net margins, as it deserves its own DD. For now we assumed the same margins in all of the cases. In fact, lower ASP (e.g. cheaper models), increasing number of service centers (to keep up with production), etc. would definitely put a pressure on margins. On the other hand Tesla investments in Gigacasting and structural batteries might (or might not) help to increase margins. Drawbacks of the latter two is lower (to none) repairability that would lead to higher warranties costs. As I said, the topic deserves its own DD. Chapter 5. Share dilution or Twitter polls When we discuss the share price we should also touch such concept as share dilution. Even if Elon personally says enough and stops diluting shareholders via his out-of-this-universe bonus plans. Note that for the last 5 years alone number of outstanding shares increased from 0.8B to 1.12B (source), and to my understanding that might not yet include non-executed options of Elon (experts please weigh in). Due to the expected high-growth, i.e. ramp ups of existing A good comparison would be Amazon, unlike Microsoft or Apple who offer a lot of buybacks. For the last 7 years Amazon experienced an average share dilution of 1.1% (source). Needless to say this is a bullish target for a company in a more infancy stage such as Tesla. Applying average of 1.1% over the course of 9 years (end of 2030) brings total share dilution to 10.3% (1.011^9). On top of that, Elon demonstrated that not only he loves to bonus compensations, he is open to sell them, i.e. increase the float. Which is in short to mid term is even more important for a stock price than outstanding shares as it increases the supply on the open market. But in shouldn't play a role in theory for the long term (again, in theory). The results: If I would want to invest in Tesla now, such that it returns me in average annually 10% (vs 7% average of SPY) and we apply:
Tesla should not be valued more than: 840 / 1.1^9 / (1.103) = 323B USD today Or with the current number of outstanding shares: 323B / 1.123B = 287 USD per share today For Tesla bulls: before you say it's outrageous, note how this model still results in $TSLA current market cap equivalent of Toyota and way bigger than VW group. And all that due to the high expectations of growth alone. However, expectations of high growth over the long timeframe involves a lot of risks, that we didn't even account for. Chapter other product lines of Tesla: As for the other product lines, it's difficult to judge them now as they are in their infancy. Solar installation seems to be dropping since the days of SolarCity (source). Since 2018 solar installations seems to be recovering and the energy storage seems to be increasing (source: latest quarterly report). However, it is clear from the financial statements that both of these businesses lose money already on the gross margin level. In particular, Tesla reported Automotive Gross margins of 29.3% and Total Gross margins of 25.3%. How a company exactly calculates gross expenses might differ, but losing money on the gross margin is rarely a good sign. It often means that the costs of goods sold already exceeds the selling price. Think of it as Tesla spending $100 to buy solar tiles, another $50 for shipping, and $200 for labor to install it, whereas only sells it for $250 to a customer. On top of that there are operational expenses that include general management and accounting, engineers, marketing, their bonuses, office expenses, etc. that affect Operating margins. The TAM of storage and solar by 2030 is debatable. It is clear however, that the biggest solar companies in the world (source) have valuations of just few billions. So adding 100s of billions to Tesla's valuation based on Solar business is unreasonable. I bet the same holds for energy installation business. Chapter Hype: Fraud Self Driving This one is the closest to my heart. Disclaimer, I work for the top automotive semiconductor company and contribute to automotive sensors for high-level autonomy. And by proxy, I also have some understanding of the post-processing side of things, what Silicon Valley folks refer to as Machine Learning, Sensor Fusion, Behavioral Planning, etc. So I could probably write the whole DD just related to this topic, but instead I will try to keep this chapter simple. No discussions on the strategy, sensor suits, architectures. We will only talk about simple concept - disengagements. Since Tesla doesn't share any statistics on disengagements of FSD, we can only rely on the videos coming from the OG Tesla After your careful research you would realize that (anecdotally) average disengagement rate is about 1 disengagement per 1-5 miles. Elon's statements on Tesla being on the path of marching nines is heavily misleading. If you think emotionally, a car driving all by itself for 1 to 5 mile is an impressive feat. And maybe it is, which is not an achievement of Tesla per se, but the whole industry since the days of Darpa's challenges and even before. But if we think practically, we realize that 1-5 miles is too short of a distance. In average US driver drove 14000miles in 2019 (source). For the sake of the argument, let's say that not all FSD disengagements would have led to lethal accidents if not taken. Be it 10%... f**k it, say 1%. That is still 1 lethal accident per 100-500 miles. Or 28 - 140 lethal accidents per year. Would you trust a system to drive you or your loved one home, if you know that the system will try to (or successfully) kill you every second week or even day. If Tesla reduces disengagement rate from there by 100, You still end up with 0.28 - 1.4 dangerous disengagement per year. That's where the big problem starts to appear. Since a car is NOT trying to kill you for 364 days in a year, you start to become complacent and that's where the first accidents will happen. After few lethal accidents people perhaps will become very cautious again. Fast forward, Tesla reduces disengagement rate by another factor of 100. Now it's one lethal accident in 100-300 years! Tesla so far produced 2.5M cars with FSD take rate of 10%, i.e. 250K wild FSDs out there. And that results still in 830 to 2500 lethal accidents per year due to FSD. And that is how marching nines looks like. When Tesla will fight against statistics as people will get more and more complacent. But we are long way from this. Chapter Hype: To be continued... I could also rant about 4680, Gigacasting, vertical integration. Especially on the last topic I have something to say from semiconductor perspectives (given Tesla's ambitions with FSD chip and DoJo). But all of these topics I might include in some other DD later on. Chapter History. A bit of a detour into a history of stock market. I like to compare Tesla to Cisco. Just like Tesla, Cisco was the stonk in 2000. Cisco actually was the World's biggest company by market cap with a valuation of 500B, adjusted to inflation - 800B. But that number makes no justice to what Cisco was. In 2000 the World GDP was about 34B vs 84B now (source: statista), SPY was around 150 vs 470 now. So, Cisco price was equivalent to 1.25 to 1.5T of today's dollars. And yet, market analysts did claim that Cisco still had a lot of room to grow. For instance, this bloomberg article claims Cisco was the safest Net play back then. And another nice fella from Credit Suisse believed Cisco will be valued at 1T in just a few years! 1T of 2000 dollars no less. Does such claims sound familiar? At the time of the article, 37 investment banks rated it buy or strong buy, and NONE sell or even hold! By the way, article was released on 19 March 2000. See how they almost perfectly timed the top? By looking at CSCO all-time chart you can see how the story ended. In 20 years the price haven't recovered to it's ATH. Add to that how much market has grown, inflation, and you will realize that the real returns are much worse than -28%. Nowadays Cisco is the real solid company with a current valuation of 230B and PE ratio of 20. The problem is it was just too overvalued and too overhyped around 2000. Was Cisco a part of the future back in 2000? Absolutely. But sometimes you need to ask yourself how much that future is worth. It doesn't really matter whether Tesla is 1-5-10 years ahead of competition. What matters is how much that lead actually worth? Conclusion My conclusion results that the bullish target for TSLA is 287USD. I am not a financial advisor so only you yourself are responsible for you financial decisions. P.S. Fun fact, $TSLA is valued at approx. $890B / 2.5M = $356K per every car Tesla ever sold (it was $480K per car as late as January 3). When Hertz "announced" 100K order from Tesla, $TSLA jumped around $400K per every car. This creates an interesting philosophical question: didn't we just discover perpetuum mobile? You can buy a Tesla car from a wealth generated by $TSLA which in fact would increase the value of former even more. Could it be that all Tesla buyers are former or current $TSLA holders? khm.... Edit: since many people are so kind to ask me to short Tesla, I just wanted to make clear I already shorted: positions. Main position is 25x 250p Jan'23. [link] [comments] |
Posted: 15 Feb 2022 01:55 PM PST It seems so far that Paramount+ is doing very good, but that earnings miss though, even though their revenue was up…I don't even know what to think anymore. I have money there, and I don't know if it's a nightmare came true or something to be very happy about! [link] [comments] |
Russia returns some troops to base in areas near Ukraine Posted: 15 Feb 2022 12:57 AM PST Source: - https://www.reuters.com/world/europe/russia-returns-some-troops-bases-areas-near-ukraine-report-2022-02-15/ MOSCOW, Feb 15 (Reuters) - Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying on Tuesday, a move that could de-escalate frictions between Moscow and the West. Russia's Interfax news agency cited the ministry as saying that while large-scale drills across the country continued, some units of the Southern and Western military districts have completed their exercises and started returning to base. Russia has amassed over 100,000 troops near Ukraine's borders, prompting fears of an invasion, especially as Moscow's Feb. 10-20 joint drills with Belarus mean that Ukraine is almost encircled by the Russian military. Russian markets reacted positively to the news and the rouble , which has been under pressure due to fears of fresh Western sanctions in the event of a war, gained 1.5% shortly after the defence ministry announcement. Although Moscow has denied ever planning to attack Ukraine, it has demanded legally binding guarantees from the United States and NATO that Kyiv will not be allowed to join the military bloc. Washington and Brussels have so far refused to make such pledges. German Chancellor Olaf Scholz was expected in Moscow later on Tuesday to meet President Vladimir Putin in a high stakes mission to avert war. [link] [comments] |
Metaverse stocks with near-term potential, or the industry still too "far out" at this point. Posted: 15 Feb 2022 06:09 PM PST The "metaverse" seems all the rage lately, the hype making it seem like we're about to be thrust into some bright new science fictiony future. Intrigued, I took a small position in Matterport as my lone metaverse stock, but the performance has been pretty Meh-tterport so far. What do you see as the potential for this industry near term? Will big players such as META or GOOGL simply buy up babies like MTTR, or are can companies such as MTTR or U become big players on their own in the long term? [link] [comments] |
Posted: 15 Feb 2022 02:47 AM PST A young teenager contacted me on Reddit, asking me to tell him how he can predict stocks. He asked a person who, after 2 years, still cannot understand how the stock market works, not to mention predicting, but what I realized is, if I ignore his question, he will ask someone else, and I think I am a tiny bit wiser than others who wouldn't mind selling their future for gambling on the stock market. After long typing I realized that it would make sense to post my thoughts here, perhaps someone else might want to read it. I ended up writing 12 points, even though I didn't plan to write more than 4. Why did I name this post this way? Well if I named it '12 Rules for Success on the Stock Market' I would trick many people, since I am not successful at first place, plus the whole idea about this post is to help people be wiser and avoid losing their investments. Once they figure this out, then they can also make profits. If you focus on profits from the very start you might end up having nothing. Plus if I knew how to be successful I wouldn't be here, would I? So here's what I learned in the last 2 years. FYI: I learned all of that by making mistakes, so this is just my experience and you shouldn't use it as a guide or the ultimate truth!
Good luck! [link] [comments] |
BMY and Senior Notes Offering? Posted: 15 Feb 2022 02:37 PM PST Hey gang, novice here but one lucky enough to have a significant percentage on BMY, and I'm seeing all this news about $6B in senior notes? I'm able to infer what they are, but what might this mean for the future? Thank you much! [link] [comments] |
You are subscribed to email updates from Stocks - Investing and trading for all. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |
No comments:
Post a Comment