$Affirm Holdings(AFRM.US)$ shares slip 1.9% in premarket trading after rival $AFTERPAY LTD SPONS ADS ECH REP 1 ORD SHS(AFTPY.US)$ introduces a Buy Now, Pay Later subscription service in the U.S.
Afterpay stock gains 0.9%.
Merchants, including Fabletics, IPSY, BoxyCharm, and Savage X Fenty, will be among the first to offer consumers the option to pay for recurring purchases in installments starting early next year.
The new service allows qualified merchant partners to potentially offer Afterpay for everyday payment needs including gym memberships, entertainment subscriptions, online services and more.
The subscriptions will be available to consumers across online platforms in the U.S. and Australia by early 2022, with plans to extend the feature in-store and to other regions including Canada, New Zealand, the U.K., and Europe.
$PayPal(PYPL.US)$, which also has a BNPL service, drops 0.7% in premarket trading.
In August, $Block(SQ.US)$ agreed to buy Afterpay for ~$29B in stock.

$Lucid Group(LCID.US)$ Lucid Air is a good car, pricey too and Peter Rawlinson is a competent CEO, he is no Elon Musk. And LCID is overvalued, beet of luck to them , the world needs to get off oil, my dough is on $Tesla(TSLA.US)$ all others are pretenders for the next 4 years,

$AbbVie(ABBV.US)$ Upgraded to buy?
Seems a day late and a dollar short if you ask me.
I've held on to my shares of AbbVie ever since it was spun off Abbott Labs on 1/2/13.
I used to think 13 was a bad luck number, but now I'm not so sure.
AbbVie has done nothing but rise in price and raise its dividend ever since it was spun off Abbott Labs.
I received my AbbVie dividend check in the mail a few days ago.
When I saw it, I started to sing: "AbbVie, how I love you, how I love you, my dear old AbbVie."

$Palantir(PLTR.US)$ Too many value investors criticizing SBC. They don't realize that in tech, if you want to hire the best and brightest, you need to pay them in stocks. If you think that SBC is a problem then sell your shares and go buy something else. Pltr to the moon!

Central banks could drive stocks higher all the way through to the middle of 2023, but that would create a serious economic risk when the bubble bursts, according to Stifel.
"We calculate that a bubble driven by current central bank real yield repression may take the $SPDR S&P 500 ETF(SPY.US)$to 5,500 mid-2022 and 6,750 mid-2023, creating a systemic risk when it bursts," Stifel says.
Real rates saw a jump higher yesterday, but are still historically low. The 10-year inflation-protected $iShares TIPS Bond ETF(TIP.US)$is at -0.98%.
There have been just two equity bubbles in Wall Street's history: 1928-1928 and 1998-1999 and "neither ended well for stock or economic conditions," Stifel says.
Now, a third bubble is "percolating," the team adds.
The question is whether the Federal Reserve will lean against the risk of a bubble or just let asset prices rip, "magnifying financial risk when it bursts."
What can the Fed do? Watching the 10-year real yield is key to assessing market risk and the possibility of an S&P correction, Stifel says.
Stifel says that to forestall risk, the Fed may "tilt more hawkish while at the same time the Biden/Yellen duo may support the stronger dollar ( $USD(USDindex.FX)$) that accompanies such a Fed shift (a strong dollar subdues energy & food inflation in a supply-constrained inflation environment and improves the chances that BBB overcomes inflation concerns among Senate moderates, while also affecting the timing of a reconciliation bill to lift the U.S. debt ceiling)."
"This combination of factors may raise U.S. real yields and lower the S&P 500 P/E."
Watch Cyclicals and Defensives. Cyclical stocks have led the market rebound from the pandemic low on an equal-weight basis.
Actions like the above by the Fed and administration would cut into the reflation that favors Cyclicals over Defensives.
Stifel recommends going overweight some defensive stocks in sectors like Utilities ( $Utilities Select Sector SPDR Fund(XLU.US)$), Consumer Staples ( $Consumer Staples Select Sector SPDR Fund(XLP.US)$) and Health Care ( $The Health Care Select Sector SPDR® Fund(XLV.US)$) for the current quarter and Q1 2022.
They underweight some cyclical subsectors in Financials ( $Financial Select Sector SPDR Fund(XLF.US)$), Energy ( $Energy Select Sector SPDR Fund(XLE.US)$) and Materials ( $Materials Select Sector SPDR ETF(XLB.US)$).
BMO says that the still-hot tech sector can outperform next year, even with rising rates.

I am not a $NVIDIA(NVDA.US)$ shareholder.
Nobody's perfect.
But if I did own it, I certainly would never sell it.
NVIDIA has been an outstanding long term investment.

$Alibaba(BABA.US)$ As much as I understand a lot of investors are not always open to listen to arguments from the other lair (Bears Vs Bulls), it is mildly entertaining to see how much the market overreacts every time some news comes out. Bad or positive doesn’t matter. The stocks swing wildly up and down before settling on a market consensus. And never ever have I seen that the market reacts appropriately to some news. One can always earn money on these swings if you see it coming and prepare. Yes there is risk for BABA, but the company is still worth something and a lot less risky that many other companies so what is a fair price? Meanwhile $JD.com(JD.US)$ which is in the same business as BABA only smaller and has a slightly different business model (more similar to $Amazon(AMZN.US)$) is doing great. If the Chinese consumer spending is going down I don’t understand why only BABA should hurt, and if it’s not perhaps the fear of china’s version of state capitalism is blown out of proportions. I doubt anyone (China or the US) want to see BABA fail.

So even in 2023 $Rivian Automotive(RIVN.US)$ would still need help from $Ford Motor(F.US)$ to fill a huge order of 1000 units. And this is 100bn + company. Amazing!

$SoFi Technologies(SOFI.US)$ Buying a financial company that makes no money. Wild.
You have to really be bad at what you are doing to not make money in the financial industry, saying that as someone involved. If you aren't making money it's because you don't know what you're doing.
The excuse people will want to give is that they are investing in technology. Technology for what? They aren't making money, so therefore technology isn't warranted. They need to understand what they actually do before expanding and doing anything else.
Willing to bet their investor base also has absolutely no understanding of what they're investing in.

$Rivian Automotive(RIVN.US)$ and $Ford Motor(F.US)$ are in talks with recreational vehicle rental company Outdoorsy Inc. about potential electric truck and SUV orders over the coming years as the company looks to build out its rental fleet.
Outdoorsy is targeting an order of 1,000 Rivian trucks, according to Chief Executive Officer Jeff Cavins in an interview with Bloomberg. Cavins called the collaboration as a logical and organic alignment due to the company's focus on nature and camping. If a deal is struck, deliveries from Rivian are not anticipated until 2023 and Ford is called likely to fill part of the overall order.
Outdoorsy is a peer-to-peer marketplace for RV consumers and pros. "We’re the most comprehensive platform for outdoor travelers to rent stylish awesome RVs in the nation. Our selection spans vintage Airstreams, toy haulers, fifth wheelers, Class A, B, and C of RVs, as well as garden variety trailers and motorhomes," reads its description of itself. The Austin-based startup was reported earlier this year to be working with Goldman Sachs on an IPO that could value it at more than $1B.
Ford announced on Friday that it will not enter a joint venture with Rivian.