| Hey everyone, We're back to our usual early publishing time. ☀️ | Save money on your options trades What if you could save on every options contract traded? With public.com, you can. They give you a rebate of $0.18 per contract traded, but only if you activate your options account by March 31. There are no commission or per-contract fees; you can sign up now and trade later. Sign up at public.com to claim your rebate, even if you don’t plan to trade yet. To sweeten the pot, use the code ALTSCO when you sign up to get $20 in free shares.* |
*past 24-hour performance Bitcoin's value crashed below $62,000 after peaking at a record high last week of $73,794. S&P 500 hit a record high, moving 0.6% up to 5,178. The Dow had its best day in a month. Everyone is watching the Federal Reserve today, but don't expect any big changes.The Fed will release its quarterly "dot plot," which will tell us if there is still consensus on three rate cuts this year. "If anything, the [Fed's] message hasn't really changed," Charles Schwab's Kevin Gordon said. "It's really been the market that's been jumping around in terms of when it expects rate cuts to start and how many you're going to get this year." Wall Street optimism has hit its highest level since early 2022. 🕶️ Market Vibes 🎰 Forecasts and Futures Forecasts via Kalshi, the prediction market. 😱 Fear and Greed Index What do you think? In the next six months, are you more optimistic or pessimistic about the stock market? 📈 Optimistic -- Rates coming down, stocks going up
📉 Pessimistic -- Higher for longer, shares crashing faster than Boeing jets 🎤 What you said last time This is the most evenly distributed poll we've run so far. It's super interesting that nearly half of you are considering moving to Saudi Arabia. I wonder how that's changed over the Last 5 Years. 📈 Trends you need to know I'm usually loathe to share anything from Statista but it's hard to mess up charting survey results. 📊 Stocks Want to invest like Buffet? With Public.com, you can emulate Berkshire Hathaway’s portfolio with just a few clicks. Winners and losers Earnings, upgrades, and acquisitions XPeng stock edged up 0.7% following a smaller-than-expected Q4 loss report and a 143% revenue surge. Tencent Music shares surged 2% following a report indicating a 21% increase in subscribers. Tencent Music Entertainment ADR (which is the US-listed version of the company), saw shares climb 7.03%. Caleres reported Q4 sales of $697.1 million and a flat-to-2% sales growth outlook for 2024. Horizon Bancorp missed 2023 expectations with 25% revenue drop and 70% net income decrease, dropping shares by 6.2%. Market movers Nvidia's unveiled Blackwell AI chips prompted Goldman Sachs to raise the target price to $1,000. [Ed: whenever I see round numbers like this, it feels lazy] Chipotle is planning a 50:1 stock split. Free burritos not included. Nvidia's GB200 chip was announced to ship this year, priced between $30,000 and $40,000. JetBlue announced route cuts from Los Angeles and other locations. Saudi Arabia issued plans to invest $40 billion in artificial intelligence. MicroStrategy's shares dropped sharply this week, emphasizing stocks' volatility as proxies for Bitcoin. Bentley announced plans to delay its all-EV transition as hybrid demand increases. Zillow faces challenges following a settlement that could disrupt traditional real estate commission structures. Unilever began implementing plans to spin off its ice cream unit and cut up to 7,500 jobs. Ideas, trends, and analysis Global energy demand is set to outpace population growth by 2050. The AI boom differs from the dot-com bust in that today's market is supported by broad-based index funds, unlike the individual stock frenzy of 2000. Hedge funds are piling into the euro zone's $10 trillion government bond market. Loop Capital tagged Best Buy as a 'stealth' home improvement stock. Home prices rose 2.4 times faster than inflation since the 1960s. Palantir stock is expected to hit $35 following a US Army contract. 🌍 Global perspectives 🇭🇰 Hong Kong's legislature passed a strict new national security law. 🇵🇸🇺🇸 The entire population of Gaza faces a potential famine. 🇪🇹 Ethiopia's healthcare system has a critical shortage of imported medicine. 🇺🇳 Only 10 countries met the WHO standards for air pollution last year. 🇪🇺 The EU announced plans to buy weapons for Ukraine using frozen Russian assets. 💵 Income Two British dividend stocks that could grow by 13%. Three REITs that are set to hike their dividends in 2024. Yielding over 8%, here are three dividend stocks to watch. ⚡ Crypto MicroStrategy's leveraged buys of Bitcoin contributed to the recent Bull Run. Grayscale's CEO predicted Bitcoin ETF fees will decrease as the market matures. Bloomberg analysts predicted slim chances for Ether ETF approval in May. 🧠 Errata Two white Mississippi sheriff's deputies were sentenced to 20 and 17 years in federal prison for torturing two black men because they lived with a white woman. Australian termites walk in a circle until they die. [Ed: this feels like a metaphor ] The Biden administration wiped out $138 billion in student debt. Nvidia entered into the humanoid robot ring, challenging Tesla'a Optimus. A systems glitch turned Ethiopia's largest bank into a $40 million money printer. FBI data revealed a significant drop in U.S. crime rates in 2023. 📺 What to watch today That’s all for today. Did I miss anything? Smash the reply button to let me know. Cheers,
Wyatt 💙 Share Alts Use this referral link to get free stuff: https://sparklp.co/348f70fb/ |
*Disclosures: Paid for by Public Investing. Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document. If you are enrolled in Public's Options Order Flow Rebate Program, Public Investing will share 50% of our estimated order flow revenue for each completed options trade as a rebate to help reduce your trading costs. Must activate Options Account by March 31 for revenue share. To learn more, see Fee Schedule. US members only. |
|
