A small talk on Saudi Aramco secondary listing
Hello Mooers, welcome back! ![]()
Without further ado, let us begin! ![]()
One would never expect that the economic recovery can be so near to us, with crude oil trading at the range of USD 85 to USD 95, which is around USD 50++ away from its ATH (all time high) of USD 147.27 in July 2008 (about 14 years ago). This is also far far away from the price range of USD -38 to USD 18 in April 2020 (about 2 years ago).
As we know that US inflation reached 7% in December 2021 (1 month ago), and the yet-to-be de-escalate Ukraine tensions, follow by the US-Iranian talks in Vienna, plus the never ending supply chain disruption, we might be able to see crude oil price trading much higher in the USD 98 to USD 118 range in H1 2022.
This definitely provide a very marvelous opportunity for Saudi Aramco to have a secondary listing, be it in London, Singapore or any other popular stock exchanges, and, the 50 billion raise in this exercise, will help Saudi Aramco to re-invest in other areas, before world oil run out in around 2050 to 2060.
As for the Q1 underachievers that I mention in my following post 3 days ago, we will be going thru them here to check out their performance. ![]()
First, in our list, we look at some highlighted stocks such as the EV stock $NIO Inc(NIO.US$ and the 50% price gain $Snap Inc(SNAP.US$.
From the stock snapshots below, we can see that $NIO Inc(NIO.US$ and $Snap Inc(SNAP.US$ continue to move upwards, without any serious resistance.
Next, we look at the heavily hitted Metaverse stocks.
As shown in the stocks snapshots, we can see that Metaverse stocks may have seen to stop falling, with $Roblox(RBLX.US$ rising more than 9%, $Unity Software(U.US$ by more than 7% and $NVIDIA(NVDA.US$ by more than 6%.
Next, we look at a few major US airlines and one from Singapore.
As shown in the stocks snapshots, we can see $United Airlines(UAL.US$ leading the rest, as its stock price gain by more than 4%.
Next, we look at our high flyers meme stocks that has a risk level higher than the rest. ![]()
Amazingly, we see meme stocks flying again with $AMC Entertainment(AMC.US$ rising by more than 15%, $SNDL Inc(SNDL.US$ by more than 13%, follow by $ContextLogic(WISH.US$ by more than 8%. This group have the highest gain when compare to the other three mention in here.
However, $Digital World Acquisition Corp(DWAC.US$ was down by less than 1.5% due to the delay of its social platform, Truth Social, which was founded with a mission, that is to give a voice to all. ![]()
Next, we look at the performance of casino stocks.
As shown in the stocks snapshots, we see 3 casino stocks have very similar gains: $Golden Entertainment(GDEN.US$, $Boyd Gaming(BYD.US$ and $Full House Resorts(FLL.US$, all rose by more than 6%.
What a wonderful performance by the 4 groups of stocks! ![]()
Before we end this small talk, please vote the basis point rate hike that you think the Fed will likely to hike in March 2022. Example: If you think the Fed will raise interest rate by 50-basis point or 75-basis point in their meeting on mid-March 2022, choose 50 and 75. ![]()
That’s all for today small talk, and thank you for your support and likes. ![]()
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Mars MoooOP :
RDK79 : Citi economists now expect the Federal Reserve to make a more aggressive 50-basis-point hike in the fed funds target rate in March. I think 25, but only time will tell. Volatility is reality until then.
Mars MoooOP RDK79:
RDK79 : Ref my previous comment. Todays earth shaking news from more experts: The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action.
Mars MoooOP RDK79:
Mars MoooOP RDK79: Why U.S. officials say inflation is no longer ‘transitory’
https://fortune.com/2021/12/03/inflation-no-longer-transitory-higher-prices-fed-chair-powell-treasury-yellen/
总加速师 RDK79: I also think it's 25. After all, Biden's approval rating has fallen to 33%. If raising interest rates too quickly causes the stock market to fluctuate or even enter a bear market, he will face absolute defeat in the mid-term elections.
RDK79 RDK79: Mainstream Media covering all their fear-based tactics today.
Saw this new headline:
Wall Street's go-to recession indicator is starting to get attention.
So now we rely on mainstream media for soon to come big rate increases, interest rates not as high in 42 years, now a recession… Guess they haven’t dug up the national debt catastrophe file yet, maybe that one is closer to mid term elections and by the elevation-fraud-fear file.
RDK79 总加速师: Yep, guess he doesn’t twitter enough lies per day. Wallstreet has always tried to influence the Fed on rate movements. Important I mention the Fed and not POTUS. Especially during Greenspan era where he flatly said it won’t work and the Market can do what ever it wants. Result: US last balanced budget, that will never be seen again, at least not in my lifetime:(
RDK79 RDK79: Most hate to admit or remember, and try to fight, that many things in life are cyclical. Including and especially the economy. Key is managing it as best as possible while encountering unpredictable events and greed.
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