The FRC news under FRBK tho, when all of it happened and then, the next day or few days later, FRBK/media sources releasing official apologies for ,,scaring off'' investors. Can't ask for a better drama.
This Twitter account https://twitter dot com/lookonchain looks at movements in holdings of cryptocurrencies. One recent useful tweet looked at the BTC holdings of the various Bitcoin ETFs. https://twitter dot com/lookonchain/status/1755949137001058379 https://old.reddit dot com/r/Bitcoin/comments/1amrc1n/sell_pressure_from_grayscale_slowing_down_while/
FNMA FMCC FNMAS FMCJK It looks like the warrant to purchase 79.9% of common stock in the two GSEs expires on September 7, 2028. Back in 2008, I assumed the GSEs would be resolved well before that date. But now the date is getting fairly close - and the warrant expires in the next presidential term. Source: FNMA 10-K for the year ended December 2023, page 12 https://www.sec.gov/ixviewer/ix.htm...ta/310522/000031052224000184/fnm-20231231.htm "The warrant may be exercised in whole or in part at any time on or before September 7, 2028"
EV stocks had a bad week, with the quarterly results from RIVN and LCID received poorly. Some possible long-term shorts include VFS RIVN NIO XPEV LCID PSNY NKLA FSR HYLN HYZN GOEV NIU WKHS https://finance.yahoo.com/quotes/vf...psny,nkla,fsr,hyln,hyzn,goev,niu,wkhs/view/v1 LI (Li Auto) seems to be demonstrating relative strength compared to a lot of its competitors that are close to 52-week lows. Longer quote list including TSLA LI and also some smaller cap stocks: https://finance.yahoo.com/quotes/ts...lcn,1211.hk,byddy,byddf,0175.hk,gelyf/view/v1 Here is a list of EV-adjacent stocks: https://finance.yahoo.com/quotes/qs...fcel,plug,bldp,be,naas,kndi,lazr,OUST/view/v1 QS CHPT EVGO BLNK SLDP FREY FCEL PLUG BLDP BE NAAS KNDI LAZR OUST A lot of these EV-adjacent stocks are close to 52-week lows as well.
Coincidentally, Seeking Alpha published an article about auto stocks: https://seekingalpha.com/news/40712...and-ferrari-sitting-at-their-multi-year-highs In addition to noting the poor performance of EV stocks, the article also drew attention to the strong outperformance of Toyota, Ferrari and Stellantis TM RACE STLA https://en.wikipedia.org/wiki/Toyota https://en.wikipedia.org/wiki/Ferrari https://en.wikipedia.org/wiki/Stellantis Background info: Ferrari was spun off from Fiat's successor entity, Fiat Chrysler Automobiles, in 2016 (source = Wikipedia, but no independent source to confirm this) Stellantis has many different brands. Formed in January 2021 as a merger of Fiat Chrysler and PSA (Peugeot and Citroën).
Webull is planning to come public via a SPAC merger. The merger partner is SK Growth Opportunities Corporation (SKGR). https://finance.yahoo.com/quote/SKGR Merger announcement date = February 28, 2024. Webull Corporation, a Leading Digital Investment Platform, to Publicly List Through Business Combination with SK Growth Opportunities Corporation (NASDAQ: SKGR) SEC filing link: https://www.sec.gov/Archives/edgar/data/1912461/000119312524049453/0001193125-24-049453-index.htm Related tickers HOOD SCHW IBKR MS COIN SOFI
Things are heating up in cryptocurrency land https://finance.yahoo.com/quotes/SHIB-USD,DOGE-USD,BONK-USD,WIF-USD/view/v1
Many EV stocks have continued to underperform the overall market since this post one month ago. FSR is now FSRN RIDEQ is now NRDE Some possible long-term shorts include VFS RIVN NIO XPEV LCID PSNY NKLA HYLN GOEV HYZN NIU WKHS https://finance.yahoo.com/quotes/vfs,rivn,nio,xpev,lcid,psny,nkla,hyln,goev,hyzn,niu,wkhs/view/v1 Longer quote list including TSLA LI and also some smaller cap stocks: https://finance.yahoo.com/quotes/ts...lcn,1211.hk,byddy,byddf,0175.hk,gelyf/view/v1