If Tesla shares fall back to $100, investors can buy more, and when the shares are at $150 or $160, investors can hold on to the stock.
After a two-day delay, SpaceX launched the most powerful starship system ever built by man from Texas. The Starship successfully took off from the launch pad, but about four minutes after launch, the booster and the ship failed to separate from each other.
Simple summary: it blew up.
The same "bomb" also overnight $Tesla(TSLA.US)$'s stock p...

Do you know how hard it is to pick market-beating stocks?
A stat shows that only 22% of the stocks in the $S&P 500 Index(.SPX.US)$outperformed the index itself from 2000 to 2020.
Over that measurement period, the S&P 500 gained 322% while the median stock rose by just 63%.
And this year, the ongoing blood-letting in the stock market may make it even harder to catch up with market trends. So will it be an easy job to find stocks that ca...

The financial story of 2021 may be the 445 exchange trade funds that debuted this year as the U.S. ETF industry ballooned to $7 trillion.
The business has never known times like these. A corner of Wall Street already enjoying a reputation for explosive growth has gone supernova, with a record 445 new products in 2021 so far.
--- according to Bloomberg
Behind the rapid expansion is a deluge of new cash as investors chase an economic recovery from the coronavirus, while equity mutual funds fall out of favor. About $900 billion has flowed into the ETF market since the start of the year -- also easily a record. Barely any funds are getting shuttered.
There's a lot of money being transferred from a generational standpoint. The stars are aligning right now for the ETF industry to a) evolve very quickly and b) take in flows.”
--- said Keith Buchanan, portfolio manager at Globalt Investments
All that means the number of ETFs Americans can choose from has jumped 19% since the end of 2020. About a quarter of all trading ETFs are less than two-years old, according to Bloomberg Intelligence -- another sign of industry boom times.
Active ETF is growing
The details of the launches tell a deeper story: From the 445 new arrivals, 75 target fixed income. For the first time, new actively managed ETFs outnumber their passive counterparts with 298 debuts versus 147.
The letters ETF used to spell passive to most investors. Now more and more advisors are realizing that ETFs are no longer just about gaining passive exposure and that active ETFs, particularly within fixed income, make sense because they can gain exposure to experienced bond managers.”
--- said Allison Bonds, head of private wealth management at State Street Global Advisors
At the same time, launches of low-cost, broad equity-index trackers are dwindling. Traditional core or "beta vehicles" made up only 8% of total equity ETF launches from the start of.
--- according to Bloomberg Intelligence
Partly, that's because such core strategies are well represented by big, established and very cheap funds from the major issuers. The popularity of the likes of the $SPDR S&P 500 ETF(SPY.US)$ and the $Vanguard S&P 500 ETF(VOO.US)$ mean they still claim the lion's share of new cash.
Thematic ETF become popular
Thematic ETF target trends like automation or electric vehiclesrather than traditional industry segments. They've proved hugely popular with the retail-investing crowd, which has been a growing force in markets since the pandemic hit. The high-profile success of Cathie Wood's Ark Investment Management $ARK Innovation ETF(ARKK.US)$ $ARK Autonomous Technology & Robotics ETF(ARKQ.US)$ has also helped fuel a wave of copycats $ProShares Bitcoin Strategy ETF(BITO.US)$ $Valkyrie Bitcoin and Ether Strategy ETF(BTF.US)$.
Complex Categories
Aligned with this specialization, funds have been getting more complex. Over 30 ESG ETFs have launched in the U.S. this year. There have been 56 new ETFs this year investing in derivatives to amplify bets, make them inverse or deliver protection. A major driver of this has been the development of defined-outcome ETFs, also know as buffers. They seek to provide capped exposure to gains in exchange for limiting losses.
Source: TheStreet, Bloomberg

Biden’s bipartisan infrastructure package allocated $7.5 billion for EV chargers, but Wall Street had assigned greater significance to the Build Back Better incentives which are now unlikely to pass. Democratic West Virginia Sen. Joe Manchin effectively doomed the bill Sunday, saying he wouldn’t vote in favor in the 50-50 Senate.
Shares of electric vehicle companies soon tumbled on Monday.
The stocks of EV start-ups such as  $Lordstown Motors(RIDE.US)$ ,  $Faraday Future Intelligent Electric Inc.(FFIE.US)$  and  $Nikola(NKLA.US)$  all shed more than 7% Monday.  $Rivian Automotive(RIVN.US)$ , hit a new low Monday of $88.40 a share.
Shares of other automakers such as  $Tesla(TSLA.US)$  and  $General Motors(GM.US)$  – both of which no longer qualify for federal EV tax credits but would have under Build Back Better – also lost ground during the trading session.
The EV incentives under the Build Back Better plan include up to $12,500 per vehicle and are viewed as critical to spur consumer demand in EVs, which are priced far higher than their traditional internal combustion engine counterparts.
Source:
Electric vehicle stocks tumble after Manchin rejects Biden’s climate and social plan

$XIAOMI-W(01810.HK)$ hiccups

keep an eye on ZM DOCU PTON down 70%+ this year off 52 week highs. could see 10-20% bounces into end of year. keep an eye on those names next 2-3 weeks
$DocuSign(DOCU.US)$ 
$Peloton Interactive(PTON.US)$ 
$Zoom Video Communications(ZM.US)$