It's like quarterbacks in the NFL, teams will pay outrageous amounts for unknowns (with incredible downside and risk) rather than spend reasonable amounts for mediocre (more known) returns.
Sometimes you get Patrick Mahomes (Amazon) sometimes you get Blake Bortles (infinite examples). Or sometimes you keep Matt Shaub (AT&T).
Bro, I have crypto. You don't have to tell me. I just watched ETH go up 40-50% in a day for no reason (or at least I didn't really look too hard for a reason). Crypto analysis -- "moon". Cryptocurrency charts are the most hysterical charts sometimes. Grab about 50 random ones and probably 40 of them will look fairly identical even though they have no relation with one another. Of course in the NFL, they're generally given the chance to throw, kick, run, etc. at a combine before you take a chance on them. In the stock market draft, they just say "I'll be able to throw, kick, run, eventually! Trust me!" and we buy every SPAC or penny stock in sight.
I know nothing about Oatly other than everybody and their mother is drinking stuff like oat milk during the pandemic, and they had issues keeping it in stock. Combine that with Oprah and it's got to be good, right? Oatly, vegan food brand backed by Oprah, is planning to IPO this year, sources say
Lol yea same here, too much uncertainty. Only mistake mi made was not pulling out of ups when it was at 175. Gonna be a wild 2021 if dems pull it off . want to invest that potential 2k stimmy into some ev etfs clean energy
What's your concern/thinking? From what I've read wall street has been supporting grandpa buyden his whole career, markets been up since he got elected, he's installed a dovish treasury sec. The dollar may tank, but next few years could be amazing for the market and crypto?
Something ugly going on with the NASDAQ in the pre-market... looks like the market may start out with one of those rotation trades.
Looks like it. My dutch tech stocks that have been running away for the last year getting hit too, while down futures are up
a tweet I saw this AM regarding the democratic controlled congress - "This scenario is now a higher probability than it's been in years: higher GDP growth (from increased govt spending), higher inflation, higher rates, tech stocks finally underperform, small caps & value stocks outperform, who says no?" I've also seen stuff about more regulation in the tech sector...the buy every dip in big tech trade may be done for a bit.
This is too complex for me to make a call either way, but putting out some counter arguments for tech under the dems: - Weaker dollar is also good for big companies that make money from foreign markets and reporting earnings in USD. - If trade war tones down that would be good for the silicon-related companies that were hit by it; AMAT, KLAC, MRVL etc. - Higher corporate taxes don't really matter much to the smart growth companies, the amazons will report lower income and channel FCF back into growing the biz, just like they've been doing all this while - If it was a Bernie admin I would be more worried about regulation, but this looks like another Obama term. - I've seen first hand the impact of corporate lobbying on international efforts taken on by the US government... the lobby is very powerful, don't think it matters what party is in charge
you have to consider the source of the tweet the convenient/blanket assertions made by that tweet can be easily debunked the higher GDP growth, most probably, is attributable to the weaker $, as US conglomerates (MCD, PG, GM, AAPL, MSFT, NFLX, TSLA) foreign sales would skyrocket higher inflation bodes well for financials and gold/commodities i think the tweet is referring to social media platforms such as fb, twtr, googl and others should this happens, it effectively builds a competitive moat around these companies, which is good for them
one of my Biden play---attributable to the weaker usd---is poised for a pop my 2 cents, while all other EV companies, not named TSLA, may never stop burning cash, GM has been profitable and cash flow positive ever since the early 2000s too, GM has actually mfg/mkt an EV, the Cruise w some success recall that GM had to be bailed out by taxpayers w a large loan near the end of W's tenure. GM was able to pay off the loan, plus interested and a fee, way ahead of schedule. it has been cashflow positive every quarter for over a decade, to where it has been buying back stocks, can afford the large commitment to develop / expand its EV portfolio, as well as to pay dividends (tho it has not happen yet) should this happen, it will be a huge catalyst for another pop in GM's stock price
have you looked at Ford as well? GM looks better? F has been busy filing tons of patents the last few years, i see some stock social media circles pimping it; but haven't really looked into these 2.
