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Showing posts from 2021

Tuesday - Is it a safe time to invest?

  Volatility has always been creeping into the stock market, and when you see the results you think it wasn't bad for the investors after all. If you are a long term investor, you shouldn't be worried about a market that can be choppy sometimes.  Crypto currencies and Bitcoin can be scary to invest in, but you need to be aware of it. These days with the inflations going on, it seems it's the best time to give it a real test. Specially now that the stock market is under pressure, and the employment rates aren't looking good, there is no excuse for Crypto not to rise, unless the sharks aren't buying into it. Coinbaise has pledged to a smooth UI for NFTs, just like they provided one for Crypto. This is while the stock valuation of COIN is down over 27% since the starting point. GitLab announces share sell price of $66 for IPO which is much higher than what was proposed earlier. Let me know what you think. Keep smiling and stay charitable.

Wed - Unemployment rates can become a major problem

U. S. job creation was largely off the pace when fewer people added jobs than expected.  Robinhood markets continued yesterday's rally, climbing as much as 17% in the premarket session on Wednesday. Cathie wood's revealed that it had nearly 4000 shares of this stock as of august 4. About 9 million Robinhood shares with a market value of almost 230 million seem to be boosting traders' confidence in the financial services firm's stock.  The price of precious metals rose on Wed after a report released by ADP national employment report showed that the number of jobs in the private sector of the united states grew by weaker than expected.  For the third day in a row the price of oil fell on wednesday as investors remained concerned over the spread of the coronavirus delta variant particularly in regard to the large oil consumers.  General Motors Co. in the second quarter of fiscal 2021, reported 104% surge from the same timeframe in 2020. Let me know what you think. Kee...

Tuesday - The pandemic of unvaccinated people

Shares on Wall Street ended the session on Tuesday higher on the back of solid earnings, which pushed the Dow Jones Industrial Average over 250 points. Cyclical stocks reaped the benefits of signs of a strong economic recovery from the pandemic, with shares of banks and industrial companies posting gains during today's session. investors are waiting for the Jul jobs report scheduled for Fri. the dow jones was up by 278 points; the top-performing company included IBM. the s&p 500 rose, as shares of Moderna rocketed 11. 51%.  Bitcoin fell below the 38000 mark on Tue after a statement from the sec chairman Gensler criticized the issuance of cryptocurrencies. in a speech given at the aspen security forum Gensler called for more authority for the sec to regulate crypto markets which he called the wild west with widespread rife.  On Tuesday, prices of oil futures extended yesterday's losses sparked by fears over the impact of the Delta coronavirus strain on future econ...

Monday - Is an inverse correction inevitable this year?

 Shares in the major US stock market are trading lower this morning. The main reason is the mixed feeling that Q1 results are posting. On one hand we can see a lot of growth compared to last year, but if we focus on the overall Q1 only, a lot of companies weren't able to continue the momentum they got last year, specially in tech. The divergence between Nasdaq and DOJ has become a norm, which is historically rare, except for the years associated with the internet bubble. Strong economical data is flashing a sell signal because historical data shows that all time highs in manufacturing and Services PMI stalls the market for 3 to 6 months. Another factor is the the fact that the stock market is priced for perfection; S&P's forward price-to-earnings ratio is at its highest since the 90s. Finally seasonal sell effect is around the corner while May is approaching.  Let me know what you think. Keep smiling and stay charitable.

Friday - What is the impact of jobless claim a year from now?

 Shares on the US stock market are pointing to a positive open this morning after moving around the flat line the whole night. This is the continuation of yesterday's record highs in day gain by DOJ based of better than expected jobless claims and consumer's spending. Jobless claims started off with nearly 7 million in Apr 2020, and still about 19 million people are collecting jobless benefits. With these numbers and the terrible economy, it seems 576000 new claims means the situation is in a recovery. However, the long term impacts of such employments is still unknown. Oxford released a research that found that the rate of cerebral venous sinus thrombosis or blood clots in Pfizer and Moderna is similar to AstraZeneca vaccine; 4 in 1 million vs 5 in a million respectively. This is another proof that the global concerns around AstraZeneca was more political than scientific. Read more on this here .

Thursday - Is Bitcoin going to be the most valuable currency?

US Stock market is pointing to a higher open this morning with the earning season having a positive outlook. Business inventories and jobless claims are other points to watch today. Bitcoin is near all time high after Coinbase went public yesterday. A majority of the investors are shamed to remain poor by speculating a bubble in the crypto world, while Bitcoin has become the 5th largest currency, surpassing the British Pound. Let me know what you think. Keep smiling and stay charitable.

Wednesday - How will the Q1 results impact the market?

 Stock market is mostly unchanged today after a negative reaction earlier this week to the Q1 reports which are set to come out. Some sectors are recovering from the last year's dip such as the finance. Morgan Stanley and Goldman Sachs reported impressive Q1 results today. Coinbase, cryptocurrency exchange, is set to join Nasdaq today. Bitcoin reached $63000 USD after this news. Stock market asset managers are mostly not in favor of cryptocurrecies or they think there is a bubble. Let me know what you think. Keep smiling and stay charitable.

Monday - What Does Warren Buffet's DotCom Indicator Predicts' Today?

 Stocks set to fall after record highs on Fri. DOJ is 100 points lower this morning due to Biden's infrastructure discussions later today. Also early earning news are expected to flow in for the first quarter this week. Uber's delivery recovery is faster than expected to a level that they don't have enough drivers. Microsoft announced Nuance acquisition for $19.7 billion, including Nuance's debt. This will increase healthcare provider space by 100%; in addressable market.  Warren Buffet's indicator, regarding the value of the country's publicly traded stocks divide by its gross national products, is alarming. This ratio was very high in the late 90's which predicted the DotCom bubble. Now it's high again making people like Elon Musk giving it a spotlight on twitter. Let me know what you think. Keep smiling and stay charitable.

Friday - How is the promising economical growth impacting the stock market?

 Stock futures are pointing to a mixed open this morning. DOJ is slightly slightly higher and Nasdaq is cautiously lower; around 0.2%. While the airline industry tanked last year due to travel limitation, they have been pushing higher since the 4th quarter. However, the levels are yet to reach pre-pandemic. This suggests a long term investment opportunity. I wrote on Tue about the impact of a fall in the economy on the stock market's prospects. But what will happen when the economy bursts with flying colors? Obviously if you consider the current situation, you can see how the economy is reverting back. Although the stock market didn't stay in the dips like the economy for a long time, the reversal in the economical situation should have an impact. I believe the impact could be negative, but a short term one. Because, when the economy begins to have positive prospects ahead of it, it could be a bull situation for the market too. Consider this, the stimulus checks that the gover...

Tuesday - Is the stock market growth a never ending trend?

 Stocks on Wall Street fell in the pre-market after yesterday's record highs in DOJ and S&P. Investors are awaiting the job report which is due later today. Biden is set to announce a shift in the vaccination deadline by making everyone in the US eligible to be vaccinated by Apr 19th. Although Amazon was on track for growing it's presence in the digital ad market in the US, the pandemic has accelerated that. They increased their share from 7.8% in 2019 to 10.3% in 2020 and predicting 12.8 by 2023. Despite the fact that over 533 million Facebook users were hacked ver the weekend (users phone numbers, names, locations and email addresses were exposed), but the stock price hit record high on Mon. Recently I have noticed the fact that when the economy is not n a good situation it will eventually become a positive effect for the stock market. Because, such situation begs for a bright future and the stock market loves bragging on a positive prospect. The challenge however, is tha...

Monday - Market is going to react positively to the new jobs added

 Stock futures are pointing at a solid positive open this morning. This is the first trading after the news of adding 916k jobs, mostly to the hospitality sections, so it's the first chance investors will have to react to it. Stocks have been expected to have a much bigger correction this but they are still going up, with S&P hitting records highs every once in a while. The reason is  simply because the earnings have been high; not for small businesses obviously but for the giants who have been dictating the direction of the market. Keep smiling and stay charitable. 

Thursday - Elon Musk Keeps Hyping Its Investment On DogeCoin

 Stock futures and NASDAQ are higher this morning based on Biden's $2.3 trillion package aiming at infrastructure and jobs. However, the jobless claims increased unexpectedly to 719000; only for the last week of Mar. Pfizer and BioNTech showed high efficacy against Covid for six month. The vaccines prevented the contagion by 91.3%, and 100% effective in sever cases. Apple has reached a deal with Tesla to power up its Northern California farm with solar panels.  DogeCoin surged 20% after Elon Musk tweeted about SpaceX putting a literal coin on the moon. Keep smiling and stay charitable.

Wednesday - Biden continues Trump's fight with EU through AstraZeneca

 NASDAQ and S&P are headed towards a higher open this morning, ahead of ADP's employment data for Mar. This is while Wall street's earning forecasts were revised down last week due to bing-spending slowing down with public restriction easing. The good news seems to be priced in the market, while the bad is yet to test the waters. While Pfizer continues the good news, such as the 100% efficacy on children younger than 12 and bringing the hope of school opening from Sep, AstraZeneca seems to be disappointing. This is the continuation of Trump's efforts by pressurizing Europe. Trump's method was a fist fight, going after tariffs such as Germany's auto makers or France's wine. However, Biden's method is more difficult to blame because it's hard to evaluate and monetize the impact of such policies compared to the tariff's war. The propaganda on AstraZeneca has put a lot of doubt on recipient's minds that's obviously going to be painful for EU ...

Monday - Promises For Propping Up The Market Are Under Way

 S&P hit records high on Fri and this is the last week of the first quarter with a highly prospect economy recovery, which is the tone set by the Wall Street. Although the Suez canal is unblocked but the damage seems to remain for a while which has pushed the oil price higher. UiPath is a robotic process automation technology that has filed for IPO. ThredUp is online business for used clothing and the stock went up from $14 to $20 on the first day. Keep smiling and stay charitable.

Friday - Stock Market Is Still Looking For A News Catalyst To Get Back On Track

 Stock are still under pressure. While NASDAQ has dropped below its recent flatline, DOW has gained a bit. It seems, the summer and the hope for socializing has kept people away from investing. Crude futures gained due to Suez canal blockage continuing to disrupt the supply. Microsoft is in talks with Discord Inc., a messaging platform, to purchase it for around $10B. Xiaomi's shares surged over 8% based on in-house chip development. WeWork has signed a new deal to go public. Keep smiling and stay charitable.

Thursday - Justification For Propping Up The Stock Market Are In Work

US Stocks are pointing to a lower open this morning, specially S&P. However, better than expected jobless claims and Powell's remark on sustainable debt could be positive for the market in the short term. Suez canal blockage is preventing $9.6B daily traffic. However after a 5% raise in the oil market, it's a bit lower now. Tesla is enabling customers to purchase its cars with Bitcoin. Ford will go all electric by 2026. Keep smiling and stay charitable.

Friday - Who Will Be The Winners Of 2021?

 NASDAQ and S&P500 are hit with another gain in the yield market. Today, equities on Wall Street were higher in the premarket after yesterday's drop in tech. Beijing might be limiting the use of Tesla in China because they are concerned the cameras could send sensitive information to the US along with the owner's personal data. Oil import from Iran to China has surged and there is a chance of sanction for China. this is while Houthis are fighting back Riyadh by attacking oil reserves, due to the saudis oppressions in Yemen. Stocks hit records high on Fed's comments on Wed and then they drop on Thu because investor gave the Fed's statement more thought. It seems the market is in an irrational mode right now and people genuinely don't know where to invest. However, the data shows that the stimulus money won't be gambled on the like of GameStop but rather it will be spent on traveling. Let me know what you think. Keep smiling and stay charitable.

Tuesday - Market Is Adjusting Towards Post-COVID Era

 DOW is lower this morning due to 3% decrease in retail sale. NASDAQ is edging higher this morning.  industrial production was down 2.2% in Feb, compared to previous month. Market is adjusting based on what is needed in 2021 rather than the hyped stocks dues to Covid. Keep smiling and stay charitable.

Monday - 60% of Fund Managers Underperform S&P

The futures are pointing to a higher open on Dow and S&P this morning, with NASDAQ to continue being under pressure.  Bitcoin hit another record high at $61k this weekend but currently lower by 5%. More than 60% of fund managers weren't able to beat S&P's performance last year. Apparently such big number has been happening for nearly a decade, which should make a lot of us proud of beating these levels on yearly basis. Specially we shouldn't get into the feelings of bothering ourselves about not investing more or why we didn't catch a perfect low or a high. A consistent gain is perfect enough. Let me know what you think. Keep smiling and stay charitable.

Friday - NASDAQ's Fall Continues With Hopes Of Restriction Reliefs

NASDAQ futures continues the downwards trend with futures to be lower due to the rise in bond yield. Treasury yield rose after the stimulus package was approved. Also Biden announced tht all adults will get the vaccination by May and outside gathering could get an ease by Jul. US producer prices are on the rise indicating an inflation.  It seems we can safely get back to the investing, however tech related stocks should have direct relation with people starting to go out and perhaps traveling. Smaller business could get a boost. Keep smiling and stay charitable.

Wednesday - Deep Buying Is Not Always Recommended

 DOW and S&P had gains while NASDAQ has been selling off. However, today after the inflation reports of 0.4% it has rebound around 3%, pointing to a higher open this morning. Bitcoin has climbed back to over $55k. it seems the deep buying in tech has been in play, but this could still be a short term gain since the market seems to be in a bubble. Keep smiling and stay charitable.

Monday - The Market Is Trembling As Expected, Now What?

  US indexes are pointing to a lower open this morning with NASDAQ having lost a 100 points. The main focus of the investor was the stimulus package, which was passed. EU on the other hand has opened higher due to better vaccination output and their investor confidence index was higher than expected. Crue oil is 1% higher after drone strike on Saudi's Aramco. Dugecoin is still rising based on Elon's tweets. EU approved the $7.5 billion deal between Microsoft and ZeniMax Media.  As the readers of this blog, you have been waiting for this downward trend like me. I had predicted that, Stimulus package is awaiting the fall  on Dec 8th, and a few other posts related to the current bubble. But now what? I was hoping that this trend would be short-term and we could get into a reversal soon. However, today when I saw oil going higher, with military involvement in the middle east, it made me think that the West is back to old tactics again, maybe due to lack of options (no more st...

Thursday - Job Losses Are Still High, Amid All The Hopes & Promises

 Equities are trading lower in US market this morning. This is mainly die to the jobless claim of 745k Americans. Powell will give an update on the current economical situation today. It seems all the stocks related to the stuff you didn't get to do in 2020 are bullish now. On the other hand companies that you were forced into like Zoom and Netflix are loosing the momentum. Keep smiling and stay charitable.

Wednesday - Unemployment data is not stopping the stock market

US indexes and stock futures are pointing to a higher open this morning. This is because investors are hoping that ADP will release good news on employment data. Also Biden announced that they will have enough vaccine for all adults by May. Gold and silver lost momentum due to the gains in the treasury yield. Keep smiling and stay charitable.

Tuesday - Stimulus Package Is Approved, Now What?

 DOW, along with major indexes, dropped this morning after yesterday's rally. This is because WHO announced that Covid won't be ending in 2021. Oil fell 1% before OPEC's meeting. It's expected that the production will rise, since oil prices have cached up since the pandemic. Warren believes that Bitcoin will implode and will end badly because it's only based on speculations. SoundCloud will launch user-centeric payment system. The stock market doesn't have to be aligned and in the same direction as the economy. But, it cannot totally ignore it or a bubble will shape. The market has only been rising since summer with almost no corrections within itself, leave alone the fundamental economical situation. The Fed has promised to keep things intact, meaning that they will keep printing money to keep the market propped up. The way the latest stimulus package was released proves that they cannot afford to keep printing money anymore, at least the way they did since 201...

Monday - Does lack of positive news equals short-term sell off?

 Stock futures are higher this morning since the focus from the inflation has shifted towards short term gains. This has been entertained by the J&J news on single shot effectiveness. Oil prices rose over 1% after house representatives passed $1.9 trillion as Covid relief.  Accenture acquired British leadership and talent Consultancy Cirrus. Maybe lack of new on short term and long term prospect these days could be market negative. Let me know what you think. Keep smiling and stay charitable. 

Thursday - Bitcoin May Not Be A Momentum Anymore, It's Permanent

 Wall Street's futures are mixed this morning while tech continues to be lower for the 3rd day. GameStop is surging again. CoinBase will announce IPO. Keep smiling and stay charitable.

Wednesday - People Aren't Trusting The Fed!

US stock futures are pointing lower today. Although Powell has promised to support the economy until required, but people are taking that with a lot of sckeptism.  Square bought $170 million in Bitcoin which pushed the crypto above $50k again.  FDA said J&J's one shot is safe. Keep smiling and stay charitable.

Thursday - Economy Rebound Is On A Short Term Horizon

 US stock futures fell today after DOW dropped due to Walmart's decrease of 4.5%.  861k American's filed for unemployment. Due to economical rebound being promised as early as this summer we could see rate hikes sooner. However, the Fed might not want to play as a bottle neck in the recovery process. Let me know what you think. Keep smiling and stay charitable.

Wednesday - Solid Results In Covid Cases Makes The Market Hopeful

US stocks are looking at a positive open this morning. Industrial production in the US along with retail sale rose significantly in Jan. New Covid cases are dropping fast. Bitcoin surpassed $51k USD. Keep smiling and stay charitable.

Tuesday - People Trust Bitcoin More Than Anything

 Major indexes are pointing to a higher open, with a potential to break record highs, this morning.  Bitcoin surpassed $50k USD for the first time. After the limitations posed by trading platforms, including Robinhood and major banks, people are trusting the non regulated world of cryptocurrencies even more. S&P estimated a 10% rebound in India's economy by 2022. This is due to consistent agricultural performance, slowing down the pandemic, and government expenditure.  Tesla will open a new manufacturing plant in India's Karnataka. The senate found Trump, not guilty in the impeachment trial. Keep smiling and stay charitable.

Thursday - Powell Has Unintentionally Encouraged Crypto Investment

 Stocks are pointing to a lower open this morning. Although jobless claims dropped by 19k, but Powell's comments about being far away from full employment and a need for stimulus are keeping the investors put. Elon Musk expanded his crypto investment by purchasing Dogcoings, presumably for his SpaceX project. Microsoft has reached out to Pinterest for a potential acquisition. PIN jumped up 6% in the pre-market. Bumble's IPO is closer to materialize. The hope is to focus on healthy relations. Could this be the next Reddits sweet heart? Keep smiling and stay charitable.

Wednesday - Global Market Is Rising on Q4 Results & Later It Will Depend on Stimulus Package

 Global stocks to continue pushing forward on the positive news of Q4 results, improving Covid situation and stimulus package. It seems the stimulus package timing will be around the time when Q4 results loose momentum. European Central bank announced, a digital Euro could cut costs. Dutch online payment Adyen jumped up by 9% to a record high when its rival PayPal reported 27% increase in earnings. Oil is still going up smoothly. Keep smiling and stay charitable.

Tuesday - Capitol Hill's Riot vs. Freedom Of Speech Will Get Evaluated In Today's Impeachment

Stocks are looking at a flat to near negative open this morning. This is due to no-improvement with the stimulus package and Trump's impeachment trial. Chinese Ministry of Commerce announced plans to facilitate consumption plans for electric vehicles.  Reddit doubled its valuation to $6 billion after hosting the rebelion against the Wall Street through a short squeez.

Monday - Bitcoin's Story To Be Continued..

 Stock futures are pointing higher this morning with stimulus package hopes. Also Yellen said, US could get back to full employment by 2022. Bitcoin is over $55k now. Elon Musk announced buying $1.5 billion Bitcoins to diversify their returns and cash. Going forward they will implement a mechanism to get paid with Bitcoin for their services. Oil is over $60 in London, highest since last year, amid lower stockpiles and improved global vaccine distribution. Joe Biden announced, US will not lift sanctions on Iran to get back to the negotiation table. Keep smiling and stay charitable.

Friday - Wall Street Won the Reddit race. Obviously!

 US added 49k payrolls which dropped the rate by 6.3%. Senate approved stimulus package to move forward without the Republicans. Oil is still rising. Ether reached record high.  Robinhood lifts trading restrictions on all stocks which means Wall Street got back their share and now people can do whatever they want. If you are in the negatives on GameStop and AMC, consider pulling out once the stock goes a bit higher today. Keep smiling and stay charitable. 

Thursday - Tech Stock Are Moving Based Q4 Results!

 Major index futures are higher today, between 0.1% and 0.4% on Dow and Nasdaq respectively. This is due to jobless claims, stimulus package and Q4 results for major tech companies beating expectations. eBay is 9% higher in the pre-market. PayPal is also 5% higher. Both reporting gains in Q4. DogeCoin soared 50% this morning after Elon Musk twitted its name. Keep smiling and stay charitable.

Wednesday - Wall Street Pulls GameStop Back To Earth.

 Tech stock futures are pointing to a higher open with Amazon and Alphabet's promising Q4 results. However, Dow futures are lower, while, private sector rose by 174k in the US. Amazon reported its highest revenue to date, with 44% increase since last year. Meanwhile, they announced that Jeff Bezos will transition to executive chair while Andy Jessy, AWS CEO, will replace him by Q3. Visa is collaborating with First Boulevard bank to help their customers buy/sell Bitcoin via Anchorage. This is the first partnership using Visa's Crypto API. Uber will acquire Drizly, on-demand alcohol marketplace, for 1.1 billion in stock and cash. GameStop stock tanked by 60% and down to $90. Keep smiling and stay charitable.

Tuesday - How Long Will The Rebel Against Wall Street Hold?

 Dow Jones is about 300 points higher this morning which is due to promising stimulus  package negotiations with the republican and also because GameStop and AMC were lower in the pre-market. Sweden is unwilling to recommend AstraZeneca to the elderly as the effectiveness is not documented well by the company. 

Monday - Will The Rebel Against The Wall Street Hold?

 Stock futures are pointing to a higher open this morning; S&P recovering 1% of over 3% losses during last week's sell off. Dow and Nasdaq are following the same trend.  Silver is picking up the pace with 11% increase, the highest since 2013. The major players are SLV, FSM and PAAS. Crude oil is also about 1% higher with more ease on the horizon after Covid. Dogecoing cryptocurrency is also 40% up today.  GME is slightly lower in the premarket but AMC and BB are higher. Nio's delivery results were more than 3 times compared to Jan 2020. Keep smiling and stay charitable.

Friday - Wall Street Played A Criminal Role This Week!

 US equities and European stocks slide due to volatile retail trader speculations and cash squeeze in China. Global stock market is set for the worst weekly slide since Nov. This is partly amid the day trading chaos on the like of GameStop and AMC, and trading platform strains. Some investors think we should by this dip. Robinhood and a large set of trading platforms based off major banks in north America prevented investors to buy GameStop and AMC, since Wed. I personally wasn't able to buy AMC with one of the top five banks; I even tried to purchase it with 15% over asking but it wasn't going through. It seems that Wall Street became so worried about Reddit's rebellion against it's investments that had to block everyone. So much as for Democracy! Prices of precious metals moved higher due to the trading platform restrictions. Bitcoin spiked 20% too, partly because of Musk adding it to his bio on Twitter.  While Robinhood prevented Bitcoin transactions too, CoinBase an...

Thursday - A dangerous portion of the stock market lives in a bubble

Dow Jones and S&P were trading lower, earlier this morning, until American Airlines, Comcast and McDonald's pre-market jumped higher. However, equity markets are ropping lower due to weaker than expected tech earnings. American Airlines surged 80% pre-market due to better than expected Q4 earnings. The main events of the week, fueled by Reddit, seems to have more room to stay in the play. GameStop surged another 40% in the pre-market while AMC is to issue 44.4 million shares as investors have chosen to convert $600 million of convertible debt. 

Wednesday - The big money is not in buying and selling but waiting - Charlie Munger

 Stock futures are trading lower today mainly due to earning reports from big tech companies and the outcome of the first Federal Reserve's policy meeting of the year.  GameStop soared 110% in the pre-market, continuing its mind blowing rally. Although their quarterly results were down but they started the year at $20 and they surpassed $300 this morning. Shares of AMC are following the same path with more than 200% jump in the pre-market. Such rallies are amid heavy sells in the Wall Street. While Regeneron vaccine reported positive outcome on the Covid mutation, AstraZeneca announced that a bomb disposal unit was called at their production spot. Boing revenue continued to be lower on year to year basis, with a 24% drop ($58 billion in revenue) in 2020 compared to 2019. Keep smiling and stay charitable.

Tuesday - The dot-com bubble II is here

 Global stocks are mixed today as the focus is on the Q4 earning, however, the stimulus talks could be postponed to Mar as the senate is more focused on Trump's impeachment.  While Covid cases surpassed 100 million worldwide, AstraZeneca reported ineffective in the elderly. The International Monetary Fund increased its global growth projection with the hope to see lower level of Covid cases by the end of the year. BlackBerry soared nearly 30% yesterday due to its new deal with AWS regarding intra-cloud software program for vehicles and because it won a patent fight with Facebook. Etsy jumped nearly 5% in the premarket because Elon Musk said he loves it, lol. GameStop surpassed $150 on monday, it was $17 on Jan 4th. Keep smiling and stay charitable.

Monday - Stock market's bubble is heating up!

 Stock futures are mixed today with DOW dropping around 100 pints and others earning a small percentage. EU is mostly down due to new travel restrictions. Although Covid cases and jobless claims are still on the rise but it seems the news is trying to keep the market into the bubble with little pieces of news. For instance, vaccine providers are having production challenges but we see news about them being able to handle the new strain. Or, it's been a few month that the market is on steroids  (stimulus package DISCUSSIONS) but the authorized amount is really disappointing. And the major positive news is that, Q4 results are beating expectations while the stock market should grow based on future hope not the past really (otherwise it's still bearish). Shell has invested in electrical charging points by acquiring Ubitricity, to become net zero emission by 2050, lol.  We can agree that there is a bubble at least in a portion of the market. For instance, electric cars or com...

Friday - This will be a correction period, at least for recent highs

 Stock futures are lower across the board in the US and mostly around the globe.  Biden puts freeze on federal fossil fuel leases, as promised. Apple is working on a VR/AR headset that could be hitting the market in 2022; and it will be expensive! The market has been hitting record highs for a while. A correction is required, and when it comes it could sweep all recent gains. So I suggest you to pull your profits now. Let me know what you think. Keep smiling and stay charitable.

Thursday - The Market Does Better Under The Democrats

 On Wed all major indexes hit another record high, a trend that is going to be followed today globally.  Initial weekly jobless claims are slightly better than last week but still on the rise.  Bitcoin lost another 8% from the record high $42k to nearly $33k. However, Bitcoin giants are investing long term in this crypto currency.

Wednesday - The Trumps finally evacuated the White House and investors love it. Who doesn't!

 US equities and futures are higher along with the European stocks due to better than expected Q4 earning and a hope of Biden driven stimulus package. Dow is higher due to the inauguration and Nasdaq is driven up by Netflix. However, dollar and treasuries are a bit lower. Netflix shares are 14% higher in the premarket which could lead to a record high open. Although their earnings had shortcomings but they have beaten the subscriber expectation by a lot in the Q4, specially with the increase in the fees. This shows that their global penetration has more room than it was anticipated. Pfitzer's vaccine was shown to be effective against the British strain, B117. However, Italy is planning to sue them for delays, while other countries like Canada are also anxious about not receiving the expected package next week. Alibab's shares are 8% higher after Jack Ma showed his face in nearly 3 months.  ByteDance launched mobile payment for Douyin, Chinese TikTok.  Today is Biden's ina...

Tuesday - Biden's Competent Administration Brings Hope to the Market

US treasury yeilds and stock futures are positive this morning. The major uplift behind this is around Janet Yellen's hearing who will address the senate about maximizing the stimulus package. Current situation is just postponing the recession.  Another driving factor for the market is the higher than expected Q4 results being published which will be stock market positive, at least for a while. Keep smiling and stay charitable.

Monday - Happy Holiday

 Oil prices are under pressure due to new regulations on Covid from the UK regarding travel bans and also US is adding rigs for 8 consecutive weeks. The administration change in the US has kept Dollar on top of Euro for the past five weeks. There is a hope that the new admin will set the path for lower Covid impacts, while Pfitzer has some setbacks. The daily Covid cases in the US is a bit lower than expected but predicting half a milion death by mid Feb. Tesla started delivering model Y made in China to the Chinese. Big tech companies are aligned to assist the inauguration to go peacefully on the 20th. FB is banning gun sale ads, Amazon has stopped hosting white supremest websites on AWS and Airbnb canceled all rentals in Washington. Keep smiling and stay charitable.