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Lao Yeh Private ID: 71722979
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    Lao Yeh liked and commented on
    Gapping up
    $Meta Platforms(META.US)$ +19% ( The company posted better-than-expected revenue and announced a $40 billion stock buyback when it reported its quarterly results Wednesday evening. Bank of America upgraded Meta Thursday, saying the company's new efficiency mentality positions stock for more than 40% upside. )
    $Align Technology(ALGN.US)$ +14% (The company's quarterly earnings and revenue beat analyst expectations. Align also...
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    Lao Yeh commented on
    I experienced Futu two weeks ago $Futu Holdings Ltd(FUTU.US)$ The market plummeted. Unfortunately, I bought it before it plummeted. After the sharp drop, I was afraid to increase my positions at the bottom at the time, and I was afraid it would continue to fall. As a result, the Chinese 🇨🇳 government controlled and continued to support the listing of Chinese companies in the US, which ushered in a rebound after a long absence! I also sold most of my bulls Futubull before the big rise, completely missing the good market price of 45! Think back, that was a bummer! A terrible word!
    Transaction record
    I accidentally fell into the trap last night and stepped inside the Futubull again. Today, it dropped -10%, and I threw up all my blood! I have no eyes! @老UncleI just want to ask my brother, should I still have hope for China Securities? My mentality is all broken!
    If I were to be honest and buy some Apples@ $Apple(AAPL.US)$ , Nvidia, he doesn't smell good! $NVIDIA(NVDA.US)$ 
    You still want to ask my master @Mcsnacks H TupackWhich direction should I work in next before I don't eat a big meal! I won't keep walking on the path of breaking the rules! haha 😄
    I sold my Tesla a week ago. I saw that yesterday it reached 1100 again. I missed this big rise again without holding it! @Mcsnacks H TupackMaster, do you think Tesla's price is still worth investing in? Is there still plenty of room to go up? Are the risks greater than the opportunities?
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    Lao Yeh liked and commented on
    Anyone with a clear eye can see that China Securities has completely broken away from fundamentals. One sentence from the United States falls into a dog, and one sentence from China will reverse it for you. It's just a pawn in a game played by the two major powers... it's completely reduced to a political tool... it's better to stay away
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    $Invesco QQQ Trust(QQQ.US)$ I just want to ask, was Ukraine beaten or was America beaten
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    Lao Yeh commented on
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    $DIGITAL WORLD ACQUISITION CORP(DWAC.US)$Don't be impulsive. If this kind of ticket falls, it will be very disastrous; it's better not to make some money
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    Asian stocks set for steady open; Crude oil jumped
    Asian stocks look set for a steady open Thursday after easing concerns about the economic growth outlook and a jump in energy shares bolstered U.S. stocks. Treasury yields advanced.
    Futures rose in Japan and Australia and were steady in Hong Kong, while U.S. contracts edged up. The $S&P 500 Index(.SPX.US)$posted the biggest jump since August, narrowly avoiding a break of its 50-day moving average. The $NASDAQ 100 Index(.NDX.US)$climbed. A dollar gauge slipped.
    TD's U.S. Head sees 'sort of a pause' in the economic recovery
    $The Toronto-Dominion Bank(TD.US)$'s top U.S. executive said the American economic recovery has hit some speed bumps over the past month and a half, with Covid-19's delta variant spreading and businesses finding it difficult to hire qualified workers.
    "We've seen sort of a pause and in some spaces or industries -- a little bit of a tapping on the brakes," Greg Braca, Toronto-Dominion's head of U.S. retail banking, said at a $BARCLAYS PLC(BCLYF.US)$conference Wednesday. "And we're watching how this plays out."
    Fannie-Freddie poised to get less stringent capital requirements
    Fannie Mae and Freddie Mac are poised to get less stringent capital requirements, with their regulator planning a revamp of tough rules approved at the end of the Trump administration.
    In a Wednesday statement, the Federal Housing Finance Agency said it's proposing amendments to the November rules that would specifically target so-called credit risk transfer securities -- assets that transfer the risk of mortgages defaulting to private investors. Under the overhaul, Fannie and Freddie would get more capital relief when issuing such securities.
    Lucid rises on report EPA recognized EV as having longer range
    Shares of electric vehicle maker $Lucid Group(LCID.US)$rose on Wednesday following reports that a version of its debut sedan was recognized by the U.S. Environmental Protection Agency as having the longest range ever for an EV. Lucid shares rose 5.1% to $19.91 on Wednesday.
    The EPA awarded a version of Lucid’s battery-electric Air Dream Edition with an official rating of 520 miles of range on a single charge, Autoweek reported. The reported range of 520 miles would eclipse that of $Tesla(TSLA.US)$'s highest range model -- the S, which has an EPA-estimated range of 405 miles.
    Democratic tax proposal takes aim at ETFs
    Senate Finance Committee Chairman Ron Wyden’s proposal aims to tax ETFs' use of "in-kind" transactions that currently avoids triggering capital-gains taxes. By closing a decades-old tax regulation loophole, the proposal stands to eliminate one of the ETF industry's key selling points: tax efficiency.
    Over the past decade, ETFs have boomed in popularity, with assets of such U.S. registered funds quintupling to $5.4 trillion by the end of 2020, according to the Investment Company Institute. Investors have turned to ETFs because of their low fees, tax benefits, easy trading and broad market exposure.
    Pfizer says Israel data shows third Covid shot restores protection from infection to 95% as it makes case to FDA for boosters
    While the effectiveness of the mRNA vaccine wanes over time, a booster shot was shown to elicit an immune response similar to the protection generated after a second dose, $Pfizer(PFE.US)$ said. The company and its partner on the Covid vaccine, $BioNTech(BNTX.US)$, are seeking the agency's OK to distribute booster doses to people 16 and older across the U.S.
    The FDA released the data as the agency faces pressure from the Biden administration to authorize booster shots for the general population as early as next week.
    Southeast Asia's online marketplace Carousell is now a 'unicorn' valued at $1.1 billion
    Southeast Asia's online classifieds business Carousell on Wednesday said it raised $100 million in fresh funds that valued the company at over a billion dollars. South Korean private equity firm STIC Investments led the investment round.
    The Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia's latest unicorn, or start-ups worth more than a billion dollars.
    Goldman to buy speciality lender GreenSky for $2.2bn
    $Goldman Sachs(GS.US)$has agreed to buy online loans provider $GreenSky Inc(GSKY.US)$for $2.2bn, as the Wall Street investment bank continues to build its presence in consumer lending. GreenSky provides the "buy now pay later" service, typically in the home improvement industry.
    It is Goldman's second multibillion-dollar acquisition in under a month, highlighting the intention of chief executive David Solomon to transform Wall Street's most revered investment bank into a more consumer-focused financial institution.
    Source: Bloomberg, WSJ,CNBC, Financial Times
    Wall Street Today: Democratic tax proposal takes aim at ETFs
    Lao Yeh reacted to
    Weekly market recap
    For the week, the $Nasdaq Composite Index(.IXIC.US)$advanced 0.43%, the $S&P 500 Index(.SPX.US)$gained 0.4%, and the $Dow Jones Industrial Average(.DJI.US)$rose 0.24%.
    The S&P 500, the NASDAQ, and the Dow all posted weekly gains of less than 0.5%, adding slightly to their record highs set in the previous week. Within the major indexes, growth stocks extended their recent run of outperformance versus their value counterparts.
    What to expect in the week ahead (PEP, JPM, GS, TSM)
    What to expect in the week ahead (PEP, JPM, GS, TSM)
    What to expect in the week ahead (PEP, JPM, GS, TSM)
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    Lao Yeh liked and commented on
    Friday, July 9, 2021
    By Chloe
    Top upgrades and downgrades on 7/9
    Top upgrades and downgrades on 7/9
    Top upgrades and downgrades on 7/9
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