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Raymond L Male ID: 102356818
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    Not truly understanding penny stocks.
    Got hosed. Got wise and Got to studying about buying volatile stocks.  Hindsight is 20/20  but I Digress. 
    Still Very Important lesson learned...
    Do the DD on Everything and don't fall victim to what people say is a good buy because in the market no one can predict exactly what's going to happen.
    Only trust your DD and if it happens to coincide with your  research you maybe on to something. Trust in your self and know when to take profits over greed.
    Happy Holidays to my fellow MooMoo's!
    3
    $Grab Holdings(GRAB.US)$ Anyone who has lived in SE Asia (a region of 650 million people) will understand the scope, reach and potential of Grab. The no 1 super-app in SE Asia, by a long shot. Furthermore  purchased a supermarket chain in Malaysia this week, obviously to venture into home deliveries of groceries. Very bullish on the medium and longer term prospects.
    4
    Weekly market recap
    Stock futures fluctuated in overnight trading Sunday following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve's easy monetary policy.
    The major averages are coming off a negative week, with the $S&P 500 Index(.SPX.US)$ declining 1.9%. The tech-heavy $Nasdaq Composite Index(.IXIC.US)$ dropped nearly 3% last week as investors dumped high-flying growth stocks on the prospect of higher interest rates, while the $Dow Jones Industrial Average(.DJI.US)$ slipped 1.7%.
    Here's a look at the return of S&P 500 sectors
    The week ahead in focus
    Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break, Nike and Micron Technology report on Monday, BlackBerry and General Mills on Tuesday, and CarMax, Cintas, and Paychex on Wednesday.
    It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.
    On Thursday, the Bureau of Economic Analysis reports personal income and consumption expenditures for November. Consumer earnings are forecast to have risen 0.6% while spending is seen climbing 0.5%. The Federal Reserve's preferred measure of inflation, the core PCE price index, is expected to have spiked 4.5% in November.
    Also Thursday, the Census Bureau releases the durable goods report for November, which will provide a window into investment spending in the economy. New orders are forecast to have risen 2.1%. Housing-market indicators out this week include existing-home sales for November on Wednesday and new-home sales for November on Thursday.
    Monday 12/20
    $Micron Technology(MU.US)$ and $Nike(NKE.US)$ report quarterly results.
    The Conference Board releases its Leading Economic Index for November. Consensus estimate is for a 119 reading, which would be 0.6% more than October's level. The Conference Board currently projects a 5% growth rate for fourth-quarter gross domestic product and a slower but still robust 2.6% for 2022.
    Tuesday 12/21
    $BlackBerry(BB.US)$, $FactSet Research Systems(FDS.US)$, and $General Mills(GIS.US)$ announce earnings.
    Wednesday 12/22
    The NAR reports existing-home sales for November. Economists forecast a seasonally adjusted annual rate of 6.4 million homes sold, slightly more than in October and the highest since the beginning of the year.
    $CarMax(KMX.US)$, $Cintas(CTAS.US)$, and $Paychex(PAYX.US)$ hold conference calls to discuss quarterly results.
    The Bureau of Economic Analysis reports its third and final estimate for third-quarter GDP. Economists forecast a 2.1% seasonally adjusted annual growth rate, unchanged from November's second estimate.
    The Conference Board releases its Consumer Confidence Index for December. Expectations are for a 110 reading, roughly even with the November data. The index is 15% lower than the postpandemic peak reached in June of this year, due to concerns about rising prices and, to a lesser degree, Covid-19 variants.
    Thursday 12/23
    The Department of Labor reports initial jobless claims for the week ending on Dec. 18. Jobless claims have averaged 225,667 a week in November and December, and have finally reached prepandemic levels.
    The Census Bureau reports new-home sales for November. Consensus estimate is for a seasonally adjusted annual rate of 770,000 new single-family houses sold, 25,000 more than in October. The median sales price of new houses sold in October was $407,700, while the average sales price was $477,800 -- both record highs.
    The BEA reports personal income and consumption expenditures for November. Economists forecast a 0.6% monthly increase for income and 0.5% for consumption. This compares with gains for 0.5% and 1.3%, respectively, in October. The Federal Reserve's preferred inflation gauge, the core PCE price index, jumped 4.1% year over year in October, the fastest rate since 1991. Predictions are for it to spike 4.6% in November.
    The Census Bureau releases the durable goods report for November. New orders for durable manufactured goods are expected to increase 2.1%, to $265.6 billion. Excluding transportation, new orders are seen gaining 0.6%, compared with a 0.5% rise in October.
    Friday 12/24
    U.S. equity and fixed-income markets are closed in observance of Christmas.
    Source: CNBC, jhinvestments, Dow Jones Newswires
    What to expect in the week ahead (CCL, MU, NKE, BB)
    What to expect in the week ahead (CCL, MU, NKE, BB)
    What to expect in the week ahead (CCL, MU, NKE, BB)
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    Welcome to the shining moments of the moomoo community. It's time to collect the unforgettable fragments of 2021. In a year of volatility, WallStreetBets stocks are resilient, with $AMC Entertainment(AMC.US)$ regaining its momentum. Trump Concept stocks are on the rise, with $Phunware(PHUN.US)$ leading the way. The pandemic-induced booming of vaccine stocks provides mooers with unique opportunities to make money.
    This post presents some essential trading orders and calls for our dear mooers to compete. It starts with an outstanding one that yielded up to 69900%. We found some mooers highly concentrated. They only invested in one stock but grasped the entry and exit points well and recorded the moves using the trading marking feature of moomoo. Besides, there is a frequent trader who trades 156 times a quarter. It seems that our dear mooers have acquired diverse trading skills and experienced some ups and downs in 2021. Let's review and compete now!
    1. The highest rate of return reaching 69900.00%
    @值得拥有伱  Average Cost down to 0.0019
    Challenging $Camber Energy(CEI.US)$ , my power +69900.00%. The success lies in the accurate grasping of buying and selling points.
    If you have a higher rate of return, please leave your comment to compete with others.
    2. The highest daily return: $220966.73
    @burger1010  Make that money work!
    The gain of $220966.73 belongs to a college kid who works at a grocery store and earns the minimum wage. Two weeks ago, what I had was 10K. However, the profits soared because options were wild.
    If you have a higher daily return, please leave your comment to compete with others.
    3. The worst losses running to 98.43%
    @skytrade  What would you do if you were me?
    Despite that the Trump Concept stock, $PHUN is hot, my losses are down to a record low of 98.43%. I am confused and helpless.
    If you have a lower loss rate, please leave your comment to compete with others.
    4. An unexpected loss of $22909 by investing in $AMC  
    @bentbb  This is a reminder to all mooers
    For one hour, the decline of $AMC made me cry. Please keep in mind that you must band together and hold whatever position you're in. We are only as strong as our weakest link.
    If you've lost more money in a single stock, please leave your comment to compete with others.
    5. Focusing on one stock at a time
    @Machiavellis3rdEye  When will we get off the bus to the crazy town?
    Stop being distracted. I conducted high-frequency trading on $Progenity(PROG.US)$ , hoping to earn huge profits from this stock and become richer!
    If you've traded more frequently of a specific stock than this mooer, please leave your comment to compete with others.
    6. The most diverse high-frequency trading
    @Austin Anderson  What a blast it has been
    In one quarter, I trade 156 times for 58 objects. Please learn from our mistakes and don't get emotionally involved!
    If you've traded more frequently a quarter than this mooer, please leave your comment to compete with others.
    7. Building a diverse but profitable portfolio
    @10664788  Be satisfied with the winning percentage.
    Eight out of eleven stocks in my portfolio are making profits! $New Gold, $Globalstar, and $NIO Inc(NIO.US)$ are all my lucky stocks.
    If the proportion of stocks earning profits in your portfolio is higher than this mooer, please leave your comment to compete with others.
    After seeing the stunning orders above, would you like to share your orders and achievements with us?
    How's your P/L in 2021?
    How frequently did you trade?
    How did you build your portfolio?
    I bet you've had "better" results!
    If you want to challenge the orders above, leave your P/L in the comments. Let's see what you've got. You could be the KING of trading in 2021!
    moomoo annual ceremony is happening right now! Check it out here:  2021 in Review: Grow Together to the Moon!
    Orders of the Year 2021: With Yields Up to 69900%
    Orders of the Year 2021: With Yields Up to 69900%
    Orders of the Year 2021: With Yields Up to 69900%
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    First and foremost, I would like to thank to the 50+ supporters and participants who have voted for an example , and because of your loves and likes, we shall go through an example in today's discussion.
    So here we go!
    Step 1. Identify the number of stocks that we are willingly to trade.
    We will select 8 as the number of stocks that we are willing to trade.
    Step 2. Identify the list of favourite stocks that we can afford to trade with.
    We will select $Apple(AAPL.US)$ , $Bank of America(BAC.US)$ , $Coca-Cola(KO.US)$ and  $Moody's(MCO.US)$ as our favorite stocks. The price is 179.45, 44.52, 56.28 and 397.75 as of 10 Dec 2021 in USD.
    This is 50% of the total number of stocks we have selected in Step 1.
    Step 3. Identify the budget that we going to spend on our portfolio.
    We will be investing USD $12,000 on our SI portfolio.
    Step 4. Look thru the SI we are familiar with in the SI feature.
    We have found the following SI that we are familiar with.
    Berkshire Hathaway Inc.
    Soros Capital Management LLC.
    Dimensional Fund Advisors L.P.
    Temasek Holdings (Private) Limited.
    Also, in the Berkshire Hathaway Inc. top 8 holdings list, it has all the favourite stocks that we want.
    $Apple(AAPL.US)$ *, 179.45, 46.77%
    $Bank of America(BAC.US)$ *, 44.52, 13.21%
    $American Express(AXP.US)$ , 167.03, 7.44%
    $Coca-Cola(KO.US)$ *, 56.28, 6.61%
    $The Kraft Heinz(KHC.US)$ , 34.15, 3.27%
    $Moody's(MCO.US)$ *, 397.75, 2.88%
    $BYD COMPANY(01211.HK)$ , 289.8, 2.45%
    $Verizon(VZ.US)$ , 50.19, 2.34%
    Total: 84.97% of SI portfolio
    Cost: 1219.17
    * favourite stocks as in step 2, and the first number is the stock price as of 10 Dec 2021 while the second number represent the stock weightage in the portfolio.
    Thus, we shall select Berkshire Hathaway Inc portfolio to be cloned.
    Step 5. Check if SI have at least 8 consecutive years of quarterly 13F filings.
    Berkshire Hathaway Inc. (Yes )
    Soros Capital Management LLC. (No)
    Dimensional Fund Advisors L.P. (Yes )
    Temasek Holdings (Private) Limited. (Yes )
    Step 6. Look out for any restatements (for both buys and sells) issued by SI.
    A quick check shows that there is no restatement for the past 5 years from Berkshire Hathaway Inc.
    Step 7. Using our magic formula.
    Using the magic formula:
    [ (Stock weightage in SI portfolio / Total weightage of trimmed SI portfolio) x our budget (Step 3) ] / current Stock price. Each result will be round down to the nearest integer.
    We will buy the following number of stocks
    $Apple(AAPL.US)$ , 36 stocks
    $Bank of America(BAC.US)$ , 41 stocks
    $American Express(AXP.US)$ , 6 stocks
    $Coca-Cola(KO.US)$ , 16 stocks
    $The Kraft Heinz(KHC.US)$ , 13 stocks
    $Moody's(MCO.US)$ , 1 stocks
    $BYD COMPANY(01211.HK)$ , 1 stocks
    $Verizon(VZ.US)$ , 6 stocks
    Step 8. Begin our cloning via trading.
    Now, we shall place our trades in the $Futu Holdings Ltd(FUTU.US)$ MooMoo apps to clone the SI portfolio and turn it to become our SI portfolio.
    $Apple(AAPL.US)$ , 36 stocks @ USD 179.45
    $Bank of America(BAC.US)$ , 41 stocks @ USD 44.52
    $American Express(AXP.US)$ , 6 stocks @ USD 167.03
    $Coca-Cola(KO.US)$ , 16 stocks @ USD 56.28
    $The Kraft Heinz(KHC.US)$ , 13 stocks @ USD 34.15
    $Moody's(MCO.US)$ , 1 stocks @ USD 397.75
    $BYD COMPANY(01211.HK)$ , 1 stocks @ USD 289.8
    $Verizon(VZ.US)$ , 6 stocks @ USD 50.19
    That's all for the example. Please give a like to show your support, and do vote if you will be cloning any SI portfolio in the next 3 months.
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