forums

Off-Topic Stock Market & Crypto Discussion

Advertisement
Cmuri said:
I plan to buy a very small position. With bigger adds once it dips hard over the next few months. Been burnt by these highly touted IPOs. Coin, Rivian, Abnb.
Click to expand...

The following is a general statement, not a discussion of ARM:

When Congress tightened the IPO rules after the dotcom bust they made them too tough, so a lot of companies are waiting longer and longer to go public.

A whole new industry was born, the pre-ipo private equity fund, though which wealthy individuals invest in private companies, so the result is that rich people are now making the big money from private companies, and there is much less vig to be made at the IPO.

So as a made up example, in pre 2001, MSFT might have gone public in year 5 at $100; in todays world, they would be going public in year 7 at $200, so that extra $100 is going to the wealthy investor and not the IPO investor.

Hopefully I explained that well enough.
 
From today's ML research, read this because its important

Tale of the Tape:

SPX earnings yield 4.6% minus T-bill yield 5.5% = -90bps, lowest since 2000; when EY towers over T-bill yield (Mar’03 = 550bps, Mar’09 = 1000bps,Mar’20 = 700 – Chart 9) max bullish time for stocks & credit; when gap negative (Aug’00= -250bps) or low (Jul’07 = 80bps) not so great for stocks and credit.
 
Advertisement
Cmuri said:
Yep. Due to dojo.
Click to expand...
Ramifications of AI Dojo are huge, not just with Tesla and FSD robo taxis, but with AI services to other companies in and outside of the EV industry.

ARKs Cathy Wood put a price target of over $2,000 ($2,700?) per share in 5 years, and that really didn't account for services like Dojo.
 
GladeCane said:
Ramifications of AI Dojo are huge, not just with Tesla and FSD robo taxis, but with AI services to other companies in and outside of the EV industry.

ARKs Cathy Wood put a price target of over $2,000 ($2,700?) per share in 5 years, and that really didn't account for services like Dojo
Click to expand...
💯
 
GladeCane said:
Ramifications of AI Dojo are huge, not just with Tesla and FSD robo taxis, but with AI services to other companies in and outside of the EV industry.

ARKs Cathy Wood put a price target of over $2,000 ($2,700?) per share in 5 years, and that really didn't account for services like Dojo.
Click to expand...
You think Optimus will come to fruition in our lifetime?
 
Cmuri said:
Multiple? Which were the others? Ah I just saw instacart.
Click to expand...

1694521219706.png


www.reuters.com

For retail investors, jumping on Arm's blockbuster IPO is a risky business

Retail traders should beware: individual investors often get burned when they jump on hot listings.
www.reuters.com www.reuters.com
 
Underwhelming apple event. That being said, I still need to upgrade my iPhone due to non working Face ID and im due. (iPhone 11 pro owner )

The double tap on the watch is cool.
 
Last edited:
Advertisement
08:30USDConsumer Price Index (MoM)(Aug)0.6% 00.6%0.2%
08:30USDConsumer Price Index (YoY)(Aug) TRADE NOW3.7% 2.503.6%3.2%
08:30USDConsumer Price Index Core s.a(Aug)309.7--308.8
08:30USDConsumer Price Index ex Food & Energy (MoM)(Aug) TRADE NOW0.3% 2.500.2%0.2%
08:30USDConsumer Price Index ex Food & Energy (YoY)(Aug) *****4.3% 04.3%4.7%
Core inflation YOY down to 4.3 from 4.7 *****monthly up .1
CPI including Food and Energy are all up fractionally.
IMO it’s mostly because of Oil prices. Other sectors are down.
market is digesting the numbers
 
Breakdown

Economic News Release
PRINT:Print
CPI CPI Program Links


Table 1. Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, by expenditure category​

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, by expenditure category, August 2023[1982-84=100, unless otherwise noted]
Expenditure categoryRelative
importance
Jul.
2023		Unadjusted indexesUnadjusted percent changeSeasonally adjusted percent change
Aug.
2022		Jul.
2023		Aug.
2023		Aug.
2022-
Aug.
2023		Jul.
2023-
Aug.
2023		May
2023-
Jun.
2023		Jun.
2023-
Jul.
2023		Jul.
2023-
Aug.
2023
All items100.000296.171305.691307.0263.70.40.20.20.6
Food13.415310.875323.523324.1004.30.20.10.20.2
Food at home8.598295.007303.455303.7163.00.10.00.30.2
Cereals and bakery products1.168336.399356.377356.5636.00.10.10.00.5
Meats, poultry, fish, and eggs1.777318.867317.445318.9440.00.5-0.40.50.8
Dairy and related products0.788267.461269.143268.2810.3-0.3-0.30.5-0.4
Fruits and vegetables1.479343.221351.646350.4282.1-0.30.80.4-0.2
Nonalcoholic beverages and beverage materials1.036206.693216.056216.6424.80.3-0.10.0-0.2
Other food at home2.350259.976271.276271.6484.50.1-0.20.20.2
Food away from home(1)4.817334.212354.862356.0836.50.30.40.20.3
Energy6.961305.372284.828294.328-3.63.30.60.15.6
Energy commodities3.682358.038323.358342.996-4.26.10.80.310.5
Fuel oil(1)0.115466.755364.304397.444-14.89.1-0.43.09.1
Motor fuel3.509351.315318.891338.207-3.76.10.90.210.7
Gasoline (all types)3.428348.593318.071336.979-3.35.91.00.210.6
Energy services3.280267.564259.766260.448-2.70.30.4-0.10.2
Electricity2.559265.191270.268270.7522.10.20.9-0.70.2
Utility (piped) gas service0.721268.866223.290224.539-16.50.6-1.72.00.1
All items less food and energy79.624297.178309.402310.1034.30.20.20.20.3
Commodities less food and energy commodities21.208167.637168.014168.0290.20.0-0.1-0.3-0.1
Apparel2.496127.328129.172131.2623.11.60.30.00.2
New vehicles4.264174.598179.696179.6912.90.00.0-0.10.3
Used cars and trucks2.766212.895201.624198.768-6.6-1.4-0.5-1.3-1.2
Medical care commodities(1)1.464391.032406.169408.4374.50.60.20.50.6
Alcoholic beverages0.834275.627285.580285.8593.70.10.00.10.0
Tobacco and smoking products(1)0.4981,364.7651,431.3021,440.5745.60.60.10.50.6
Services less energy services58.416376.980398.002399.2195.90.30.30.40.4
Shelter34.810357.264382.226383.2217.30.30.40.40.3
Rent of primary residence7.585373.283400.210402.2477.80.50.50.40.5
Owners' equivalent rent of residences(2)25.616365.993391.131392.7947.30.40.40.50.4
Medical care services6.347605.883591.832592.913-2.10.20.0-0.40.1
Physicians' services(1)1.792412.828413.437413.8770.30.10.70.20.1
Hospital services(1)(3)1.912380.339389.061391.6783.00.70.4-0.40.7
Transportation services5.920362.511396.199400.01610.31.00.10.32.0
Motor vehicle maintenance and repair(1)1.131349.539387.159391.39512.01.11.31.01.1
Motor vehicle insurance2.697615.559717.799733.14119.12.11.72.02.4
Airline fares0.537283.911253.345246.185-13.3-2.8-8.1-8.14.9
 
SpikeUM said:
View attachment 256236

www.reuters.com

For retail investors, jumping on Arm's blockbuster IPO is a risky business

Retail traders should beware: individual investors often get burned when they jump on hot listings.
www.reuters.com www.reuters.com
Click to expand...
I think ARM will do well though. Nvidia was trying to buy them for $30-$40B. I’ve had bad luck on these big blockbuster ipos but not all ipos have been bad. Kura sushi(ipo $15) has done well and BNTX rocketed thanks to the pandemic (ipo $12). Just a couple examples off the top of my head.
 
Back
Top