Love the Power of 8!!!!! Looks like it may be the vol day we have been waiting for-- Outlook Therapeutics, Inc. (OTLK) Breaks out(sort of) NasdaqCM - NasdaqCM 1.1700+0.0800 (+7.34%)<-------------
I find this article so stupid. Often we hear about liquidity injections but what really is happening? The Fed aint buying one stock. Not any stock, nor are they investing in any index. Because a central bank re enforces it's balance sheet the individual investor buys Twillio? Stocks Face Hit as $800 Billion Stimulus to Fade, Citi Says 1 / 2 Stocks Face Hit as $800 Billion Stimulus to Fade, Citi Says Richard Henderson Wed, April 19, 2023, 12:21 AM EDT (Bloomberg) -- Equities and other risk assets will take a hit when central banks withdraw as much as $800 billion of stimulus deployed to prop up the global economy, according to Citigroup Inc. The risk rally has been fueled by the injection of over $1 trillion of central bank liquidity, and high-frequency liquidity indicators suggest this is already stalling, Matt King, Citi’s global markets strategist, wrote in a note published late Tuesday in New York. Apart from monetary support deployed by other central banks, the Federal Reserve has also bolstered its balance sheet by $440 billion in the wake of the US banking crisis, he said. Together, this global wave of policy support has “held down real yields, propped up equity multiples, and tightened credit spreads in the face of falling earnings expectations,” King wrote. Now, that support is set to unwind as China’s central bank reins in easy policy settings amid robust growth, while its peers in the US and Europe rekindle quantitative tightening, according to King. He told Bloomberg’s Odd Lots podcast last month that “stealth” quantitative easing from global central banks has fueled the market exuberance. “We now expect almost all of them to stall or go into outright reverse. We think this could subtract $600 billion — 800 billion in global liquidity in coming weeks, undermining risk in the process,” he wrote in the note. “With peak liquidity past, we would not be at all surprised if markets were now to experience a sudden pressure loss,” he said. King’s views come after US stocks climbed 8.2% this year, helped along by a surge in tech stocks that has pushed the NYSE FANG+ Index higher by 36%. Bitcoin, a popular gauge of risk, has almost doubled since end-December. Others have also become skeptical of the risk rally this year. Nick Ferres, chief investment officer for hedge fund Vantage Point Asset Management, said equity market pricing was overly optimistic. “Market breadth supporting the rally has been extremely poor,” Ferres said in a Wednesday note. “Equity investors appear to want all the benefits of rate cuts without enduring the pain that would warrant them.”
Vz SNAP had two big announcements just this mid day user count and a Verizon tie in there was a high vol spurt----- It has to break out today or tomorrow... or I would fade.
I think the bond market is going to blow up & I don't know why. I had someone explain to me why I should buy bonds. In my many years doing this never bought a bond. I'm a 100% stock guy. The pitch is- " You can't lose " Buy bonds now for that yield! More than a bank account. And later in the year enjoy price appreciation. These perfect trades don't work out.
Vz- SNAP SUMMIT: Snap (SNAP) said at its annual partner summit that the company has attracted more than 3M users to its Snapchat+ subscription service, according to Bloomberg. The "growth has exceeded the company's expectations and includes the addition of about a million paying users in the past 11 weeks," Snap said, according to Bloomberg. "We never expected that we could grow to 3 million subscribers," Snap CEO Evan Spiegel is reported to have said in an interview. Snap has announced "new programs that help creators build sustainable businesses and introduced new tools to grow and engage with their audience across Stories and Spotlight." Regarding monetization programs, the company said that, "Now, creators who have at least 50,000 followers, 25 million monthly Snap views, and post at least 10 Stories a month may be eligible to join our Stories revenue share program... Our Spotlight reward program is one of the ways we continue to support our community of aspiring and emerging creators as they turn content creation into a career. We are increasing the total rewards available to reward creators for making the top Spotlight Snaps." On Public Stories, Snap says that starting today, "Snapchatters aged 18 or older will be able to post their own Public Story with a simple tap. Open the camera, create a Snap, and choose to share it with friends or add it to your Public Story, all from the same account... Our new scheduling feature gives creators more control and allows them to post to their Story whenever, wherever. Creators can also save a Snap to their new Public Profile and get access to content performance insights and Story Replies." The company is also expanding creator content on Snapchat, "bringing creator content to new surfaces across Snapchat like Snap Map and are making it easier to discover creators across Stories and Spotlight. Creators helping our community discover the next "can't miss" restaurant can expand their reach by simply tagging locations in their Spotlight Snaps. With place tags, their videos will appear on place profiles on the Snap Map, where more than 300 million Snapchatters go each month for great local recommendations." In conjunction with its annual partner summit, Snap said in a blog post: "Our community is full of music fans, and 85% of Snapchatters report using the app to enhance their experience of going to see live music... We're building on our multi-year partnership with Live Nation to enhance live music with augmented reality and bringing custom AR experiences to 16 of the biggest festivals... Our AR Compass and 3D map of the grounds will be available at all of them, helping you make your way to the right stage at the right time and find your friends instead of getting lost in the crowd. With custom AR Lenses to express yourself and enhance Snaps, festival-goers can truly see music differently. Today, we also shared our new integration with Disguise, the industry's leader in live event visualization and virtual production technology, that will bring Snap AR to some of the world's largest venues and tours. During future shows, fans can see AR visuals through the Snapchat camera that interact with the on-stage visual production, via Disguise RenderStream, bringing the artist's creative vision to life like never before. We'll also be teaming up with one of the world's most famous DJs, Kygo, to create AR experiences for some of his concerts this summer so fans can immerse themselves in his music, and we can't wait to work with more artists later this year." Snap introduced a new augmented reality enterprise service called AR Mirrors. "Our AR Mirrors bring the power and creativity of AR to businesses in their own physical spaces and events, so that customers can virtually try on products, play with engaging and fun experiences that encourage them to create and share content, and receive helpful guides and explanations to learn more about the products they see in the store," the company said. "Brands that create innovative experiences, such as virtual try-ons and using AR in-store, are 82% more likely to be recommended to others, making AR Mirrors a must-have addition to stores. Retail brands like Men's Wearhouse and Nike have already used AR Mirrors to enhance the in-store experience, and we currently have our AR Mirror in a Men's Wearhouse store to get shoppers ready for prom and wedding season." Snap added that it is partnering up with Coca-Cola (KO) to transform a vending machine into an "entirely new kind of product experience." "Our first prototype is an AR-enabled Coca-Cola vending machine, which offers a portal to incredible AR experiences, rewards, and more," Snap said. "Shoppers can step up to the machine and use hand gestures to control what comes next. Snap and Coca-Cola share a long-term vision to build an AR ecosystem that evolves the way people engage with the Coke brand across their vending machines, app, and website, and we're thrilled to bring this experience to life." Snap continued that "My AI is rolling out to Snapchatters globally, now with brand new features," including "Personalize My AI," "Bring My AI into Conversations with Friends," "Snapchat Recommendations," "Share Snaps with My AI," and "Watch It Snap You Back." The company added that, "My AI is far from perfect, but we've made a lot of progress. For example, 99.5% percent of My AI responses conform to our community guidelines, and since launch, we've worked to improve by: Programming My AI to adhere to our community guidelines to help protect against responses that could be inappropriate or harmful. Implementing a new age signal using a Snapchatter's birthdate, so the chatbot will consistently take their age into consideration. Adding additional moderation technology, which will allow us to assess the severity of potentially harmful content and temporarily restrict Snapchatters' access to My AI if they misuse the service. Preparing to incorporate My AI into our in-app parental tools, Family Center, which will allow caregivers to see if their teens are chatting with My AI and how often." Verizon (VZ) announced that Snapchat+, Snap's premium subscription service, will be available on +play, "along with an exclusive offer for three months of access, on us." The announcement was made today during Snap's annual Partner Summit. Snapchat+ and the three-month offer will be available on +play starting next month, Verizon stated in a press release.
rev miss but not a bad report-- Tesla Non-GAAP EPS of $0.85 in-line, revenue of $23.3B misses by $60M Apr. 19, 2023 4:05 PM ETTesla, Inc. (TSLA) Tesla (NASDAQ:TSLA): Q1 Non-GAAP EPS of $0.85 in-line. Revenue of $23.3B (+24.2% Y/Y) misses by $60M. Shares -1%. Capex: $2.07B vs. $1.86B in 4Q22. FCF: $441M vs. $1.42B in 4Q22. The company topped deliveries expectations with 422,875 cars moved in Q1