Tread carefully moving forward. I echo the article's sentiment - feds are not going to be dovish anytime soon. They are fully prepared to spark below curve growth and more unemployment if it means slowing the pace of inflation. What remains elusive is whether this pace of inflation is really tied to decade record growth in economy or more tied to supply side pressures.
Fed Watchers Say Markets Got It All Wrong on Powell "Pivot"
$NIO Inc.(NIO)$Wow lagging below $20 USD. Looks quite attractive now. Is the bottom here? My sensing is we will be range bound in this18-21 range till Q3 or when Feds decide to stop hiking int rates. But again, given this is Chinese equity maybe my analysis is off.
$Coinbase Global, Inc.(COIN)$Is coin base simply a broker? Or is it something more? There are many who view COIN as just another broker; just specialising in crypto. If this is the case, then the insane valuations by some analysts (case in point, one whose TP is 600USD) are just pure fantasy. But is COIN something else?If you do some DD on coinbase you would noticethat beyond brokerage services (buy, sell and store) coinbase also allows usage of crypto (such asBTC) as a token within the cryptocurrency system, or move your owned crypto off the system to say a different wallet. Coinbase has also other nascent (and growing) operations like allowing one to stake their owned crypto, which allows the holders to lend their crypto holding and earn an in
$DBS GROUP HOLDINGS LTD(D05.SI)$Be careful in investing bank stocks in this climate. Inflation can be a double edged sword when stagflationary concerns become real. Check your risks and remember that sometimes stocks trade with upcoming news already priced in. DYODD.
$CapLand China T(AU8U.SI)$ Low P/B and continues to test support lines. Has the market already factored in the risks associated with the Chinese retail/ppty sector [Doubt] ?
$Workhorse(WKHS)$Anyone attended the earnings call earlier?From the statement they put out: “Cost of goods sold increased to $6.2 million from $1.7 million in the same period last year. The increase in cost of goods sold was primarily related to an increase in the volume of trucks shipped as well as an increase in employee costs.Selling, general and administrative (“SG&A”) expenses increased to $6.9 million from $5.6 million in the same period last year. The increase in SG&A expenses was primarily attributable to an increase in employee and consulting costs.”I went to compare the COGS and SG&A for last quarter to this year as they only compared Q120 to Q121COGS for last quarter was 6.99M for net sales of approx. 652k. This time net sales
$Histogenics(OCGN)$from a technical analysis stand point, I think the next peak could be somewhere around 19-20 USD before it goes down and back up to a new peak. This is not financial advice, just my view from looking at the chart of how this stock performs. Any one else have a similar view?
$DBS GROUP HOLDINGS LTD(D05.SI)$Should you continue to hold D05? Personally I think yes IF you are in it for the stable dividends. Despite the tragic year for most cyclical companies last year, DBS has managed to increase its non-interest income with the resultant effect being a marginal growth in total net income. I am not optimistic of phenomenal growth this year considering the low interest rate climate for the foreseeable future. Be that as it may, DBS has showed itself to be resilient and may be worth holding for stable dividend income. If you are thinking to buy into DBS, perhaps waiting for better valuations later this year might be more prudent. But DYODD. Let me know of your thoughts. See for a decent write up: https://fruga