I saw on moomoo that   $Amazon(AMZN.US)$ is launching a service called Halo Fitness to rival offerings from $Peloton Interactive(PTON.US)$ and  $Apple(AAPL.US)$.
Why is Amazon entering into the sector? Is it true that many people are really into sports? Will the business make good money?
I'm not sure but I can name a bunch of fitness-related stocks. For example,  $Lululemon Athletica(LULU.US)$ , Peloton and traditional sports brands like $Nike(NKE.US)$ and $Under Armour-C(UA.US)$. Peloton stocks have dropped around 50% from their high, while Lululemon stocks seem to go higher and higher.
Why does these fitness-related companies perform differently? Have you bought any of them and did you make money?
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In January when $Tesla(TSLA.US)$ was trading at around $800, Social Capital founder and CEO Chamath Palihapitiya said that $Tesla(TSLA.US)$ could double or even triple.
BUT!! He revealed yesterday that he has sold all his Tesla stocks during the past year. Although he said it again that he's still bullish on Tesla's future, I no longer believe him. If he really is positive about Tesla, why would he rush to cash out?
What about you? Do you think he's trying to fool us or do you think he's telling the truth? Why?
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The $S&P 500 Index(.SPX.US)$ extended its September selloff, with technology shares underperforming economically sensitive companies. The $NASDAQ 100 Index(.NDX.US)$ tumbled the most since March. The yield on Treasury 30-year bonds climbed more than 10 basis points. The dollar rallied.
Nothing much to say, let's take a look at the indexes:
We all know it's coming, the question is: "is it the day"?
Show the screenshot of your portfolio in the comment section. I guess the more suffering people we know, the more comfortable we will be.

$FTSE China A50 Index Futures(MAY4)(CNmain.SG)$ hi