Someone gifted me $5,000 in silver. I might be receiving some more later. I don't really need to sell it. But what should I do with it.
I am an experienced investor in stocks, IRAs, 401k, real estate, but this is new to me.
My instincts say just hold it for an emergency.
Also, where should I keep it?

I’m still sim trading so of course I’m not saying I’m right or that people should listen to me but..
I’ve noticed a few stocks having short squeezes, being bought up on heavy volume on support levels, and holding their levels well. I check the news - no catalyst (maybe a just sympathy gainer like SPWR today).
I’ve noticed the same thing with heavy float stocks, such as NVAX last week and yesterday. 133M shr float moving like a 5M shr float stock.
My question is, how important do you hold such data in comparison to just being able to understand the language?

Hello there, I'd love a CPA or experts assistance in determining how best to proceed with my startup LLC to C Corp conversion. I founded it in 2022 and am working on filing tax returns for both 2022 and 2023 (extensions). Below are two options presented by my lawyer. Which should I choose if I'm optimizing for tax liability mitigation? I've invested ~72K in personal capital in the biz since 2022. The biz has only yielded ~10K in revenue thus far, with $30K in ARR since its a subscription model. Trying to solidify prelim Cap Table with new members of the Founding Team as well.
From lawyer:
"How have you documented the $73K in the tax returns? Since your co is a single member LLC, owned by you, it’s a pass thru disregarded entity for tax purposes, so it passes through to you.
The cap table is helpful to understand the goal. The main issue now is figuring out the fair market value of the equity, which depends on the financials. There are a couple of options high level – both not easy with their own pros and cons. The numbers are assumptions and used for illustration purposes.

• Option 1: Clean the LLC and then convert to C Corp
  • Assume that you have contributed $7K to the LLC in exchange for 70% of the membership interest; and $3K contributed by new members for 30% of the interests in the LLC. And the remainder of the money you’ve put in – we’ll treat that amount as a loan, treated as convertible debt upon conversion.
    • The interests will be subject to a repurchase option (a different way to get to vesting)
  • The 7K / 3K – these numbers are really dependent on the capital account(s) for the LLC. So we need to know the fair market value of the interests. If we use units, what’s the price per unit?
    • This is a valuation question because the company has been operating and generating value, and there’s not a way to get around this.
  • I know you’ve mentioned sweat equity, but it can be very messy for tax purposes for the company and the members getting sweat equity. Sweat equity has to be valued and that value is ordinary income to the recipient. It’s much simpler if the members can pay for the equity, which is why founder’s stock is usually paid for with cash or other property with a particular value even though it’s construed to be sweat equity.
• Option 2: create a New Company that buys the LLC
  • Create a new company and issue founder’s stock as per the cap table you’ve shared with vesting schedule
  • New Co buys the LLC in exchange for the amount you’ve contributed to the LLC to be treated as a convertible debt
  • Assign all contracts to the new entity. This is a merger so it’ll require going through all of the LLC's current contracts / obligations
  • This is cleaner than Option 1 and clearer…less messy with respect to valuations.

My colleagues and I discussed a few other options such as you selling your interest in the LLC, but if it’s a low price, you’d be selling at a loss and it doesn’t really look good to future investors. This is due to the issue of valuation – the company has been operating and is generating value.
Currently you’re the owner of your LLC, so you hold the decision making power, particularly if you’re fronting the costs of the business. We can use options instead, but the question remains – what’s the value of the interests? That’s determined by the financials of the business, capital accounts, etc.
Is the CPA helping you with figuring out capital accounts? What does the books say?"
What do you suggest in terms of how best to convert from an LLC to a C Corp and treat the personal capital investment? A reimbursable loan? Shares in the new Corp? THANKS in advance for your help, and YES I do need to hire a CPA so it's a good opportunity :)
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sorry long post and once again needs probably a consult from a specific tax legal advisor but not sure what speciality I should be looking at.
Disregarded Entities have very little support documentation with the IRS in general since revenue is rolled into the parent.
In a complex tax scenario would love folks take.
A company (Cat corp)was purchased by a client (stock sale) from a very large publicly traded company (let’s call it Borg corp). Borg corp had previously bought that company alongside a few others in a collective holdings (Let’s call it Anz corp) in 2019. Anz corp bought the original company (cat corp) bought in 2012. So we’re talking lots of mergers, bankruptcy and more between all of them. Messy.
Cat company was a company that made a lot of money (millions) with almost 80 percent profit margins and came crashing in 2014 and sold to a particular young individual as a shell in 2020 for almost nothing. Borg company made billions so it was like letting go of their catering budget. long story short this young individual had convinced Borg corp to allow him to do a management buyout.

1. Anz corp buys Cat corp in 2012
2. Anz corp buys more companies through 2017 and files chapter 11
3. Borg corp comes buys Anz corp and subsidiary and in sells Cat corp remains to the individual
4. Individual was a manager at Cat corp who did a management buy out but had a lot of pressure to do a stock sale
5. Client turns Cat corp to an S corp from a disregarded entity under their holding company Dog corp
6. By 2023 Anz corp is dissolved completely / Borg corp continues to be a massive company public ally traded company

Client knows Cat corp was treated as a disregarded entity since inception in 2012 and was part of the original acquisition and knew all the folks doing the transactions well.
He gets entity records finally from the IRS having had some doubts and could not do it prior to sale. Bad move to not do this prior to sale yes but those were the circumstances offered.
Finds no tax filings 1120 filed ever since revenue was attributed under Anz corp and then under Borg corp.
However he finds in 2014 Anz corp has moved the company Cat corp under a related Anz corp company and sees Payroll 941 payments being made on the entity in a timely manner. So payroll started being paid during 2014-2018 according to fax transcript from the IRS under Cat corp.
2012-2013 simply says requested data not found.
These 941 payments stop in the 2019 acquisition by Borg corp - it’s around 400k / year we are talking . we don’t know why and can’t get an answer from them now but they seem to be good and proper record keepers.
The Problem
long story short - Dog corp wants to think about closing the company Cat corp or sell it in the future and don’t want any future issues with the IRS process. To close an EIN the IRS would have to see all returns filed. Since it’s disregarded but payroll was made in some years under particular ownership be not under another structure - how would the client be able to do anything if the IRS asked them to file. How do you even know there is an issue? On paper it seems maybe there was some reason to have payroll under the entity while it was under particular ownership structure. different corps employ different strategies and the new owners aren’t privey to those details. New owners knows Borg corp exec well enough but as a publically traded company you can imagine how difficult it is to get them to help. What if the IRS say they are missing payroll or even worse should have filed a return for 2012 and 2013 - extremely high revenue years?
How would they be able to provide anything as Anz corp doesn’t exist nor have records that far back. What do people do when it’s impossible to reconstruct tax filing information due to it being decades old from some long gone entity. client has been up to date with filings since acquisition.
I’m talking hypotheticals here since the individuals here are extremely concerned about the EIN closing process.

So why did DFV post now? How did he know gme was going to go ballistic? Remember: Everything in this Post is made up by me and i am highly regarded. Noone should invest based on this. -What did DFV wait on/see?
He saw this trade (credit to the bull): https://www.reddit.com/Superstonk/comments/1cr5z21/redacted_thinks_the_price_action_is_rule_10b18/
So the explanation for a smoothbrain is, that this would mean that this trade can only be done under this rule by the company that issued those shares, so in this case Gamestop.
-So why does Gamestop buying back shares mean anything? Buying back shares is Step 2 of 4 to start a short squeeze and the first part that is visible. If you see step 2, you can assume step one was done.
Story time: remember the "we are here" meme with the graph of the 2008 VW Short Squeeze? Thats what I use as a base for the Short Squeeze Plan. Basicly what happened was: Step 1: Porsche secretly bought a bunch of Call Options for VW. Step 2: Porsche openly bought a bunch of shares for VW. Step 3: Porsche told Short Sellers that they hold 42.6% of all VW shares and enough options to be able to hold 74.1% of all VW shares. Also 20.2% of all VW shares were held by "lower Saxony", which is a county in germany. So 94.3% of all shares were now held tight and short sellers would have to fight for a very small amount of shares. Step 4: Profit
--So how does this story apply to GME? Well, I assume R.C. does not turn around a company for absolutely nothing. If he wanted a short squeeze to start he would need to: 1. Secretly buy a bunch of Call options. 2. Openly buy shares. 3. Let Short Sellers know that he cornered the market with some help. 4. Profit.
Now there were suspiciously many Call options bought over the last 2 Months. But by who? Nobody knows! Now Gamestop buys its own shares! Well if we assume a short squeeze is the goal and that was step 2, then that would mean step 1 has been achieved before. And the numbers of Calls that were bought would fit that assumption. This is what DFV saw, I imagine, and that was why he started tweeting.
--But if the first step was invisible, how could DFV know R.C. was working towards a short squeeze? Well, before the short squeeze Plan could be executed, R.C. would need to do have done some legwork: First he needs gme to be profitable, to have free control over gamestops cash, without debt around the neck. Which he achieved. Then he would need to be able to invest all the cash from gamestop into the stock market. For this he would need stockholder approval. Which he got. That would, I assume, give Gamestop the ability to invest the cash into every instrument of the stock market, crucially: Options of itself. Also He would need to be the CEO or have a CEO he trusts in charge. He let go of the CEO and got himself into that position.
--What does the future hold? But following the VW Playbook, R.C. will at some point within the next Month, probably sooner rather than later, tell the world how many shares of gamestop are held or have been bought by gamestop, including options. Hey, isn't the quaterly report and investor meeting coming up? That would be a good moment to start talking! He will than add those gme-held numbers up with the percentage held by Computershare. (Which was somewhere around 25% if I remember correctly) Together those numbers should add up to a high percentage but the exact percentage is unknowable right now. I would guess with all his known holders it would add up to somewhere north of 90%.
Then the squeeze will start for real.
-Why does line go up right now? Cause DFV is not the only one that sees all this play out. Same as with VW I assume. Shorts are not blind. The Endgame just started and they know it! But they know that we dont 100% know, so they try to get every paperhand-share that they can right now, before the real squeeze starts. All the way lying their asses of as to why line go up now. When Porsche started buying shares, 3 weeks later was the squeeze. But basically R.C. can talk at any point to start the squeeze, just as Porsche could have just talked earlier to start it. Porsche only talked at that moment in time, because they could not continue buying and holding any longer.
-Will line go down before the squeeze, just like with VW? Every Squeeze is different. Back then there was no internet and not that many well informed players. It may not go down ever again. It may also go back down to 1$. This is literally unknowable.
If you lay the chart of VW during the squeeze over the chart of GME right now, you will see: Absolutely nothing! Because they do not align all that much.
-Is this really real? Obviously I am just kidding, all of this is made up bullshit. I don't know how the market works at all and all of this could be magic and fairy dust for all I know. I just had some time and wanted to write some stuff.

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"Festicus…"
Marcus stared down at the felled rat, watching as his great furrowed head lulled and fell to the side.
"Festicus!"
"He issss being gone, Ssssire," Verulex said behind him.
Marcus bent low and tried to rouse the great brute that had saved his life, denying that he was about to let another rat man die for him like Gatskeek had.
"Wake up, Marrow soldier!" he yelped in the creature's vacant eyes. "There's cavalry charges still to be led!"
No response. Sullen and vengeful, Marcus let the head drop.
I hesitated, he thought. I didn't act quick enough. If I had the damn foresight to grab that blade sooner…
"Be letting him be. He isss doing hisss duty to Clan and –"
"Oh, shut up, priest," Marcus spat, turning with fury to look upon the hooded cretin who was still managing to coax his anger even now. "Your Order might consider a single rat's life to be meaningless – something to just throw away in the service of your God, but this warrior deserved more than this."
The High Priest of Glumrot fixed Marcus with his puss-filled eyes. Those eyes spoke of toxic thoughts ruminating beneath them.
"Be turning your thoughtssss to vengeancccce, Sssssire," Verulex wheezed as he shambled over to the Matron's eviscerated body and prodded at it with the staff of his office, making sure the creature's life had finally expired. He then nodded down at the still breathing form of the unconscious Yeeva below Marcus, the soft skin of her belly weeping purple blood from the perforation Marcus had made as she took Festicus's life.
He scoffed at the priest and picked up the Wakisashi that had fallen at his feet, bending low and directing his hatred at the fallen Yokra who was mumbling as though in a dream-state.
Perhaps it was a meditation practice of their kind, Marcus thought. It didn't make any biological sense for a creature to immediately collapse into unconsciousness as she just had in receiving such a near fatal wound.
He leaned closer to her as Verulex amplified his voice and called down to the army still waiting below, telling them to send a detachment and a priest to sanctify the body of one of their dead. The enemy Yokun had fallen, and they would receive some special treatment of their own.
Marcus heard general cheers resound as this proclamation echoed all through the dim streets of the putrid city. But he ignored them. Instead, he craned his neck to hear what the felled serpent was saying. There was a word on her lips that he could swear had the ring of familiarity to it.
"Matriarch…Pale…Pale Lady…"
Loyal to a fault, Marcus thought. Even in death, you sing your leader's praises. If you are a representative of one of her soldiers, I'm sure she's a force to be reckoned with among your people. That's just another reason why you have to die.
He brought the edge of the Yokun's Wakizashi to her scaled, bloody throat, tensing up as he knew that he had to do this. He had to. He wouldn't hesitate anymore.
And just as he held her head in his hand and made to bring the blade across her neck, that's when he heard it:
"…Mari…"
His hand stopped.
His brain froze.
The Wakizashi wavered as though willing him to follow-through with his desire.
But a very different desire now burned in his heart as that word traveled through his entire system and sent shivers running down his spine.
"Matriarch…Lady…Maria…"
The blade clattered against the silo platform.
"What isss happening?" Verulex asked. "Ssssire, isss thissss beasssst resssisssting?"
Marcus shook his head.
"No."
"Then be sssslaying her and let ussss go. I sssshal be honored to be ssssshowing you Clan Glumrot'sssss wayssss of debassssing the dead."
Marcus could barely even hear the words of the priest. He could register nothing in this moment except the croaking of that name – Mari's name – emanating from the slitted lips of the downed serpent.
"Bah!" Verulex howled. "Be giving me the blade. I sssshal do i-"
"No," Marcus said, then turning to the priest as though he had just been transported back to reality. "No. We take her alive."
The priest cocked his vile, hooded head at Marcus.
"Your pity for thesssse foreign hereticssss isssss doing you no favorssss, Sssshai-Alud," he said. "The Koboldssss are bad enough. Now you are even ssssshowing merccccy to the killer of your commander?"
"We…we need to question her," Marcus explained, straightening up and trying to compose himself as best he could. "We have the opportunity here to find out what she knows, where she came from, even Skegga's force composition potentially. We can't afford to lose this opportunity."
He looked into the face of the ratman and saw what he had not quite been able to see in the war-chamber earlier that night. He saw the wrinkled eyes of the holy rat narrow, and the teeth flare in anger.
"Sssssire," the priest began, slowly. "You are not undersssstanding. I am being head priesssst of Glumrot. I am favored voicccce of He-Who-Fessssterssss. The bussssinesss of dealing with dead in battle isssss up to me."
Marcus faced the rat, feeling anger take him once again.
"And I am your Shai-Alud," he said. "You should be speaking to me with more re-"
Now, he saw something else that he hadn't seen before.
He saw the Wakisashi that glimmered in the ratman's right claw.
As the little priest spoke, he watched as the tip of the blade slowly rose to touch Marcus's reverberating heart.
"You are not ssssspeaker for the Unclean," the priest told him in a cold whisper. "You ssssshal never be. A human isssss a human, jusssst assss a Kobold isssss a Kobold and a sssssnake-bitch isssss a sssssnake-bitch. Hereticsssss, all of you. And one day, sssssooon, there ssssshall come a day when you are purged from our gloriousssss empire. And on that day, Ssssshai-Alud, you may sssssee which ratssss in thisssss realm are truly holding the power."
Marcus licked his lips. His eyes now swam to watch the edges of the podium. And he became acutely conscious of just how isolated they were up here, surrounded by the dying and the dead. Like the vicious little creature said, it was his domain.
He maintained his composure. He stalled for time.
"Are you threatening me, Verulex?"
The sly smile that crossed the priest's lips then was more chilling than anything Marcus had seen thus far in the Kingdom of the rats.
"I am but a humble sssservant, Sssshai-Alud," he replied. "We all have our placcce in ratman sssssociety. Even you, Ssssshai-Alud. It issss a beautiful thing, issss it not? He-Who-Festerssss issss a mossst generoussss God. He is even giving sssscum like you a placccce among Hisssss chosen people."
Marcus stepped back as the tip of the knife inched closer to his abdomen. He could swear, still smirking, that the ratman moved with him.
And so when there finally came the rattling of chains from the lip of the silo platform's edge, Marcus was more relieved than ever. And the knife that Verulex once dangled before him simply evaporated into ash.
Magic, it seemed, could hide even the greatest crime.
"Shai-Alud!" the voice of Deekius yelped from the edge of the platform, panting as he and a retinue of soldiers threw themselves over the lip and caught their breath. "You…are you being hurt, Lor-"
"Gloomraava Deekius," Verulex interrupted. "You are coming in good time. I am taking charge of thisssss Yokun bitch. We will be exxxxecuting her publicly tomorrow, after I take sssssome time to – time to –"
The priest collapsed suddenly, coughing up a miasma of his blood in the process.
"Gloomraava Verulex," Deekius said. "You are being maimed. Be coming down, we shall be administering to you."
"Be dealing with Brother Fesssssticusss firsssst, Brother," the old priest coughed as he allowed himself to be helped away. "He issss needing your care more than I."
Marcus watched as the small retinue of rats then took stock of their surroundings, seeing the chaos and carnage that unfolded in such a tiny area over such a short space of time.
"He was being a credit to his Clan," Deekius said. "This is great loss for our people."
Verulex, meanwhile, said nothing at all.
Marcus watched as the Yokun woman was spat on and then trundled off down the silo with the others, thankful that the old priest's wounds at least stopped him from having her slain then and there. Perhaps even he knew he couldn't go against the Shai-Alud's wishes publicly.
But he'd just confirmed something that Marcus had already begun to fear – something that became far too obvious to him now after seeing the hatred burning in the eyes of Redwhiskers and Verulex both.
And, more than that, he needed to speak to that snake. He needed that more than anything. He needed to know…was it chance? Or…was Mari really..?
"Marcus," he heard Deekius say outside himself. "It is being alright now. Yokun are not being known to send more than single assassin team. If they are failing, it is because they are not blessed by their heretic Gods. Defeating them here is great victory for us all, and now, you are having nothing to fear."
The ratman lifted his arm to try and guide Marcus away but the latter rejected the help entirely. He crossed to the edge of the platform and looked down upon the city, seeing the crowds cheer to see him alive, wondering which of them truly did have any real love for him at all.
Then his eyes lighted on the descending form of Verulex, and he felt a very different idea take root within his mind.
"No, Deekius," he said. "I have plenty still to fear. But now I know what to do about it."
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As If It Were Kismet: Prologue
Matt tore through the brush, blind in the dark. He didn’t care where he was going. He only knew he needed to be elsewhere. Far from here.
Behind him a creature howled that shocked his mind. It’s form was cruel and dangerous, though female. Nothing like the young woman she had once been. Nothing but a girl, a small and slight female.
It’s guttural growls and howls only grew closer as Matt tried to pick between seeing where he was going and getting away. The few times he looked he caught sight of the creature behind him. Hopping through the air with a speed that told him he was being toyed with. As if he were a mouse being played with by a cat.
But the reflex in him to run kept him going. His adrenaline going as hard as it could. The tightness and burning in his core tensing and locking up as his legs felt like there were being burned from within while taking on more of a heaviness.
His lungs were starting to betray him as he tried to gulp big breaths of air but only rapid and shallow breaths were all that he could manage. His brain was starting to burn….and then he was falling.
Falling down the side of a hill he saw the creature dart in a spring towards him, imperceivably fast almost. Catching him in mid air it seemed.
Managing to wrap its body around him and cushion his impact against the ground as they rolled. His mind barely took in what was happening during the roll. Only starting to understand what was happening once they were still.
The creature's triple D-cup breasts were unmistakably pressed hard against his back as he laid facing up at the night sky.
For a few seconds the world stilled and the needle light pain hitting the center of his brain took over for the cooking heat his brain had felt. His whole body felt heavy and reluctant to move.
Even if he could have really moved, a dull ache came over his limbs making them feel stilled and trapped as if by immeasurable amounts of sand that had engulfed him.
Slowly the arms holding him started to move. Moving so the creature's hands could start exploring him. Causing Matt to unstoppably let out a pathetic moan that made him go cold inside as hands lifted up his shirt and started to touch his exposed stomach and then his chest.
He would have whimpered so pathetically had he not still been in the depths of terror.
As its hands felt and groped his pecs he tried to situp as if to get away. For his efforts, his reward was a hand around his throat and a collection snarls and growls against his ear. A beastly, guttural voice spat words at him while somehow holding a feminine tone.
“Don’t move….I don’t know if I can calm down…”
Her words were not helped by her moans in his ear and the subsequent kissing of his ear. The flesh of his ear going between her lips as she moaned and seemed to pant. Releasing it and licking the side of his face with a moist warmth. He could feel its spittle, viscous and coating his flesh where the tongue touched. He could smell something in his saliva. Something that subtly entranced him.
Matt went stock still with fear and the confusion of mixed arousal. He barely perceived her right hand traveling lower on his body. A surprised moan and shudder echoed in the night from Matt’s lips as she took ahold of him. Her hand above his pants but still….stimulating him.
A light squeezing and almost probing of her digits kept him aroused and confused within her grasp. Resigning himself to the strange fate, Matt looked up at the stars as his mind tried not to shatter under the strange maelstrom of events and sensation that had started mere minutes ago.
His mind was only more confused as a slight figure, feminine in build, how it seemed to thunk the ground audibly as she landed on her feet out nowhere. Her knees barely bending under the pressure of the landing. Yet dirt was kicked up anyways and some of it onto Matt. Feeling it pepper his shirt and pants as it fell.
The figure, lit only faintly by moonlight, roared some dark tone Matt could only perceive as a demon as her eyes went bright with a crimson light. A light in the darkness that should not have been. “Let him go you bitch.” Was its words following the roar. Spittle escaping its mouth with faint droplets hit Matt's face.
The creature holding him by his throat and crotch seemed to tighten the grasp of both hands as it roared back. “HE IS MINE!”
The figure paused with a moment's hesitation. He was also her quarry. She had felt his fear without him knowing. His confused arousal. His fear. His terror.
And now he laid at the center of a struggle between two monsters. Unsure of who he wanted to win.
As If It Was Kismet Ch. 1
Matthew Berkshire hadn’t seen his mom in two years. Not that he had seen her much over the last six years.
A messy divorce between messy people and mom’s chaotic want for a life in Alaska had been one of the most…upsetting times in life. Setting him up for so much of what had defined his life thus far but then that had really started two years before he ever turned.
His ear buds were basic and simple. A part of cheap five pack, common for his life as he was known to lose little things. Small things. They had a mix of metal and hard rock playing in them. Some classics, some alternative. Whatever made him feel something, anything. Even if it was hate. Anger. Rage. It was better than feeling numb. Not belonging.
The escalator down to his lone bag to go with his lone carry on showed his mom waiting for him. His had a type, that’s for damn sure. Not that it helped him in the genetics department as he was stuck at 5’9” to go along with his mother’s five foot even as his dad stood six foot. Forever leaving him to feel small, to pale, under his dad’s shadow. Did he ever stand a chance?
The guy next to her with the unkempt former seventies porn stache was “Dave.” He’d met him twice when his mother came and visited him in Florida. To his credit the guy didn’t look annoyed. Kind of concerned kind of which made Matthew want to break his frozen look but he was well practiced. Having removed any note of sadness from his face through much…tribulation.
His mother’s look on her face betrayed a hint of worry as the bruises on his face lightly showed up close. Saying his name was his like a distant echo that belonged to someone else.
Dave cut in and pulled out his right headphone. “What the hell bud, they knock you hard enough to hurt hearing? Your mom’s asking how you are doing.”
Matthew pulled out the other bud and grunted an empty “sorry.”
“You still have bruises after two week? What did they do to you?” His mom’s voice was full of worry. Something he hadn’t heard in….too long. Too long to make him feel anything. To ever make him believe there was any sincerity to her words. To not think her voice and mannerisms were an act. An act by someone who…wasn’t really there.
“It’s only fair. I took a nose. Fractured a couple orbital bones. Left one with having to get his jaw wired shut. And one will never walk right again for what I did to his knee cap.” Matthew said it all with a bored and disinterested tone. Perhaps well rehearsed.
“My man, handing out ass kickings, not bothering to take names.” Dave was quick to be the typical man’s man about it. Matthew wasn’t quite done yet. Lifting up his shirt to expose the right side near his kidney. Revealing a nasty scar from a six inch blade. “Luckily they gave me this first so they could rule it all in self-defense. The fuck didn’t get it in more than inch before I ruined his knee cap and then I took the nose of one of the fucks holding me.” Now he chose to smile keeping the well practiced dead look in his eyes.
No retorts. No questions. Just horrified looks on their faces. As he liked. As he preferred. They could hate him. They could be disgusted by him. But by God they would fear him.
“Well the doc did a good job sewing you up.” Dave commented uncomfortably. “Dissolving sutures. Ain’t they grand.” He smiled again and let it abruptly fall off his face and started walking to the carousel for the baggage claim.
Waiting and making small talk with Dave as his mother stood in silence. He was not the little boy she abandoned. The little boy she left with an angry man. While never hitting him. Left him in constant fear till he turned twelve and just didn’t care anymore. Something snapped. Broke. And he didn’t care if he died. Didn’t care if he stole. Didn’t even care if he killed. He just knew not to get caught. Something left over from his grandfather’s wisdom which came to make more and more sense with each passing year of life since that thing inside him broke.
Finally his bag came around and Dave went to try first to grab it but Dave practically leapt ahead of him. “Is that your grandfather’s rucksack bag?” his mother asked in a perplexed voice.
“Figured it’s been around since Viet Nam. So it’d serve me better than any of the worthless stuff they called luggage.” Dave commented after Matthew’s words. “Well hell yeah I still got mine from Desert Storm. You know the first one.” Dave laughed and Matthew eyed him oddly. Be it in the south or whether it was Alaska, country boys are country boys he guessed.
The car ride to the two people’s house, as Matthew thought of them. Was uneventful and full of vistas he imagined metropolitan types wetting themselves over. At most they meant isolation to him. Furtherness from the world as there were no mountains in Florida. And what mountains he had last seen in another state had been when he was eight. Another life, to Matthew it felt like. A life alien to him.
As If It Was Kismet Ch 2
Dave and his mom’s place was some two story type tucked into a tree line far up an elevated point. It was by no means the highest point in the mountain but it certainly felt up there.
Rocks were where the driveway should have been Matthew thought. Grabbing his backpack and rucksack from Dave’s jeep was no hard thing for him. Matthew was in formidable shape for someone his age, maybe even five years older. He had gotten a mix of fairly big shoulders and arms along with the chest to go for it when compared to most kids his age. A side effect of working out at least twice a day. First thing in the morning, some time in the evening, and the school’s gym when had had a good semester in school before he had to leave Florida.
Dave tried to come up and help him but Matthew walked past him towards the house. His mom was not sure what to make of his demeanor. Matthew was not the sweet kind boy he had once been. But she had been gone from his life essentially for a long time.
Ushering him into the house she cracked some joke he did not hear. He was too busy looking about and seeing a mix of old outdated decorating mixed with the strange and odd flair of his mother. Color contrasting against drab and dated. Like brightly painting over an old home that was falling apart he thought.
“Your room is this way Mattie.” His mom brightly intoned.
Without expressing any interest he followed his mother. Still faced and nonplussed. Just going along with the current. Pushed and pulled with its roll like a piece of driftwood.
The room was simple. A single small bed. A set of rubber weights with a curl bar and barbells. “Your dad said you were into weight lifting so we got you a bunch of stuff. Dave says it looks like his department’s gym almost. The woman’s smile felt very alien to him.
“Thank you. I appreciate it. I’ve got most of my stuff from home.” Matthew starting unpacking his rucksack and pulled out cables of repetitive and mixed colors. A single plastic barbell handle. The ruck sack could be filled with water bottles for added weight during pushups he figured. Remembering a Michael Keaton movie he watched with his dad post-Batman movies where he played a convicted killer using plastic bags filled with water for weights.
Matthew caught movement outside his lone fairly large window that could let him step out onto the roof of the house given its layout.
He saw a number of people running together through what he guessed was the backyard of the property, not that it had any fences to mark boundaries
They wore clothes that looked similar yet different from each other at the same time.”Oh those are the Johnston’s. Really nice bunch of people. Been on the mountain for a long time Dave tells me.”
Matthew looked at the group of people running and noticed the lack of resemblance. “They are related?” Matthew quizzically asked. Seeing a black and possibly a hispanic person amongst the bland looking white people.
“Oh well they are all adopted but for one or two of them…besides the parents of course. The family has a long tradition of taking in orphans they say. Real nice of them to do that don’t you think.”
Matthew looked at his mother and the hosier accent made no sense to him as he arched his left eye brow. Her and his dad were both from Florida. Born and raised. Sure her parents were from New York city but…
Matthew shook his lightly without turning to look at his mother as his vision was grabbed by one of the runners in particular. A girl of moderate height. Soft brunette. A plain beauty he figured with a slim build….and lack of remarkable breasts and rear to make any note of but….girls in general were his type at his age.
She was pretty enough. He couldn’t deny that but he found himself transfixed by her visage.
But the way she turned and looked at him, especially at that distance felt very disconcerting to him. Even if she was smiling like…she was a taste of a bright shiny day. Somehow.
Matthew’s mom noticed the exchange and smiled to herself with closed lips. “Oh that’s Vicky. She’s your age I think. Very sweet girl, who does the charity functions. You know bake sales, blood drives, car washes and the like. I think you should get to know her. Might be good for you.”
A truck horn sounded a couple of beeps in rather succession. “Oh that must be Mack, he said he might come by later this evening but he seems early.”
Matthew’s mother turned and left his room. Leaving Matthew to exchange a few looks with the alluring Vicky as she turned her head away from him to talk to the others in her group and look back at him.
Still Matthew’s left eyebrow was arched. In a way that reminded him of Spock from Star Trek that he and his grandpa used to watch on some streaming service or another.
As he heard ambient chatter elsewhere outside the house he figured to check it out as the alluring sight of Vicky would be around he figured. It was dull to stare at artwork. He was a boy who preferred jet skis and the like. Something he could ride and enjoy immensely. Even if at times it got him stabbed.
As If It Was Kismet Ch 3
Matthew sauntered out of the house and down the rockway that stood in for a driveway.
A few new people had come over from what he could first surmise of the situation. As he got closer it was obvious they were indigenous people. A couple of grown men…and a girl?
She was mousey. Maybe five foot. Hiding behind glasses and a big camo jacket that was far too big for her. It looked made for a grown man and the backwards trucker hat on her head kept her long black a beautiful mess of sorts.
She was cute in a way. A little androgynous but she had a cute energy to her. She reminded him of the more tomboyish Puerto Rican girls he had gotten into back in Florida. Given the deer corpses in the back of the truck….probably more dangerous to play with given the men in her family.
Small chatter passed between the adults when the girl noticed but turned away, trying to hide the tiny hint of a smile.
“Oh Mattie, this is Mack. He works with Dave at the sheriff’s department and John, he’s with fish and wildlife.” Matthew nodded at his mom’s words with some blankness as he looked at the deer the in the back of the pickup truck.
“Gale tells us you hunted with your dad some in Florida and Georgia.” Mack offered with a light hearted laugh camouflaged by his big simple and cheery but husky way he spoke.
Looking in the back of the truck he spoke. “We used lever action thirty-thirties and Mosin Nagants in seven-six-two-fifty-four-rimmed.” Mack and John whistled in an exaggerated fashion. Leaving Matthew to wonder if they were mocking him.
Mack spoke. “Well we just used thirty-odd-six in a custom gussied Garand.” That caught Matthew’s attention. “You have a Garand…” Matthew finally demonstrated interest in anything. “My dad has an SVT-40 and a Hakim 8mm but he always wanted a Garand but was too cheap to buy one.”
Gale, his mother, chimed in loudly. “Oh his Dad loved his guns but was such an odd duck about how he bought or why he bought them. Never made sense to me how he wasn’t a collector but he didn’t get the latest and greatest.” Gale laughed uncomfortably. At least it seemed that way to Matthew.
Matthew pointed to the girl with an underhanded pointing hand. “And who is this? A cute little mute mouse or does she have a name?” Dave and the other men laughed.
Mack again spoke. “Well you people call her Rebecca, she’s my adopted daughter.” Matthew was taken aback by what he heard. “You people?”
Rebecca kindly spoke with a soft but almost melodic voice as she struggled to maintain eye contact. “White people or rather not members of our tribe. It’s just easier to appease the colonizer kind of thing. Borrowed from when the Jesuit missionaries chased us up here.”
Mack stepped in. “It’s just easier to have white people names than have them try to say our tribal names. And we don’t want them shortening or Anglicising our names kind of thing.” Rebecca stepped back into the conversation cutting off her adopted father. “It’s an insult to our history basically.”
Matthew cocked his head sideways raising his eyebrows shortly before letting them drop. “Well as soon as I’m eighteen I’m out of here and back to Florida so I’m a sort of involuntary colonizer of sorts. So I won’t be taking any of your land from you. The Seminoles on the other hand are still shit out of luck.”
Rebecca’s smile caused Matthew to reflexively smile. Mack made the moment more awkward. “See Becca, I told you someone off the reservation would like you some. You just have to be creative.” Mack laughed in a chiding manner…Matthew presumed. He sensed that he was the butt of some kind of cultural joke. Like marrying a white guy was some sort of insult or mark of shame. That kind of thing.
Rebecca turning away from him was not something he had been expecting. Her then getting in the truck in a huff left the group in a silence for a moment.
Dave spoke to break the awkward silence. “Well just bring the truck to work on Monday and leave it for me to grab up.” Mack acknowledged Dave and they started to get off as Rebecca looked at Matthew for another instance. Matthew couldn’t look away for some reason as the two seemed to lock eyes for an instance.
Till Vicky and family seemed to come jogging down the road. While Matthew’s eyes diverted from Rebecca’s. Hers did not till she realized he was looking elsewhere. And her vision found Vicky and what had been a hint of smile on her face turned glum and disappointed.
Matthew did not look away from the vision of Vicky but instead of a starry eyed fool looking longingly. It was a baffled look. Well baffled for him, with his eyes drawn narrow and night with a focus.
There was something about her…he couldn’t quite put a name too. The way she appeared to him. One second brunette. The next second blonde or blonde like. As if the color appeared in her air and disappeared in fractions of seconds. Much the same way her body almost seemed to…shift…very subtly…smoothly. A nicer bum. Larger breasts. And then back to a simple and plain form. Feminine no doubt. Attractive. But not so…remarkable.
As If It Was Kismet Ch 4
The next two days passed without incident. Nothing of any real substance or challenge to note.
Matthew got settled somewhat and started working out almost immediately. Exploring around the woods but Dave told him not to go far. Especially without a hunting rifle. Dave had left a simple semi-auto Winchester out for him. His bear gun as Dave referred to it with its four round magazine. But Matt figured till he got some practice with the rifle to leave it alone. He made a hiking stick like his grandpa taught him and treated it over a low fire. He would take some electrical tape for the end his hand would grip around. Plenty enough to ward off anything smaller than a bear he figured.
The ride to school was a pain in the neck but simple enough. Dave would let him use a clunker pickup truck he had laying around. It wasn’t pretty but it would get him to and from. Even if it was from the eighties and still backfired on occasion. But for now Dave and his mom took him on their way to the sheriff’s department.
It wasn’t much of a school. It wanted to be modern but its fifties original construction was very obvious. It serviced the pipeline families and familys’ of fisherman who worked the seasons in between their time at the pipeline.
Matt was to report to the principal for some reason Dave and his mom wouldn’t share. Which annoyed him but he figured it was to read him the law of land. Small towns with their big views of the outside world and like.
Dressed in jeans, a grey sweatshirt under a light jacket with steel toed boots set him more apart then he expected. His buzzed head didn’t help matters. Already he was feeling like a stranger in a strange land but he was quite strange after all. And he liked it that way. Normal people were so pathetically disappointing to him.
A secretary or assistant or some such led him to the principal’s office. Where it reeked of real wood that was old and fabric and upholstery that needed to be updated for the last twenty years, Matt figured.
“This is Matthew Berkshire, Principal Andrews.” The man was turned with his back to the door and he was quick to wave her off as he turned her around.
He was an older man. Fat and large. Tall with a body built like he had once been fit and a demeanour of annoyed and irate already as he fixed Matt with a scowl and look of disgust. Another worthless government whore. Matt thought to himself. His father and his grandfather had bestowed unto him a natural disrespect for government workers and the figures that wore unjustified authority as a shield but pretended the weight of the state was not at their back ready to crush all who resisted. Little figures of valor pretending to be mighty and alone but acting with the tyranny of the state and all the backing.
“Mr. Berkshire, please sit down.” His tone wasn’t unusually hostile, just gruff. As if he had better things to do.
Matt complied and took a seat in the chair while maintaining a friendly facade. Not everyone was an enemy. And not everyone needed to be an enemy. Even if anybody could be any enemy. There was no reason to make enemies you didn’t have to. Another of his grandfather’s bastardised wisdoms.
“Well I looked over you file and you have quite the history Mr. Berkshire.” Matt resisted qiuping back a joke. Instead he waited for Principal Andrews to continue as he remained nonplussed and looking as if he felt no need to respond. A simple head tilt with dead eyes looking back at the principle as if he was not even there would suffice.
Matt’s reaction or lack of a reaction rather made Principal Andrews only narrow his eyes with examination. He was not used to a kid not responding to him. Especially with his gruff and hard act going on.
“Well by all accounts you moved here after some problems at your last school. A fight broke out and you did some real harm to your fellow students it appears.” Of course, he would take the side of the perpetrators. School administrators always did. Especially when they weren’t white. Just a fact of the times. Cowardice and pathetic mediocrity was the way they leaned, like good government workers sucking the dick of Big Daddy government. Worthless whores.
Matt chose to reply. “Oh you mean the criminals that stabbed me. Got arrested at the hospital and then pled to felonies. Yeah Florida, with the American counties are good like that.” Principal Andrews went real still. No shame. No fear. No penitence. He didn’t like that.
“Well be it as it may Mr. Berkshire we don’t tolerate that kind of behaviour here…” Matt cut him off responding with a deadpan tone. “You mean self-defense meant to save one’s own life while the cowardly and pathetic school workers look on with zero interest but to keep their money rolling in and will allow known gang members with records of violent acts and crimes that should have them expelled many times over, where in certain Democrat counties such cowardice and idiocy empowered a couple school shooters?”
Principal Andrews looked at the Matt with a note of disgust. “Look here Mr. Berkshire, your beliefs matter not one bit here. This isn’t Florida. We don’t like our way of life being disrupted by outside agitators who have problems with authority.”
Matt did his best not to roll his eyes and let the older fat man drone own as he dead-stared him. Lifeless and without emotion.
The man came to a finish and Matt spoke up without having listened to him or paid him any attention. “Great now that’s taken care of. Can I please get to class and finish my sentence of two years at your wonderful school?”
Principal Andrews huffed and snorted before calling in Vicky. Vicky stood in the corner after entering with a quiet and seamless presence. Matt felt disturbed and tried not betray his feelings as the young Vicky was perceived and not perceived to be moving.
Principal Andrews made the introductions and Matt nodded back. She was to be his chaperone for the day. They had the same classes and she was to show him the ropes so to speak. The ins and outs of the school. The locations of their classes.
He recognized her. It was hard not to. The way her appearance seemed to shift fluidly almost. The petite and skinny brunette ever so lightly had a big bust and blonde hair with curves added when she seemed to shift before his eyes. Like watching a film but each frame had a different person.
Matt didn’t say anything about it. Even if he did he would only be acknowledging his crazed state, if he had one. If.
Unlike an obedient puppy dog he got up in a slow and awkward fashion and followed behind her as his oddly disproportionate frame allowed. Causing her a note of concern for some reason. As if she was seeing something she shouldn’t have been….Or he was just weird. And Matt could admit to himself he was just weird. Part of his charm, he would jest about it at times. Not that he had many people to jest to now.
As If It Were Kismet Ch. 5
Following Vicky into the hall off to their first class was simple. She exchanged small talk and he slightly smiled as if to obviously suggest he was just being polite.
Inside his head, Matt was trying to figure out if he was having a psychotic break. The way Vicky looked kept changing and he looked at the other people around him and they stayed the same.
He was searching his mind as they were walking. And thus he wasn’t paying attention to where he was looking and so fell to his face forward over his feet seemingly out of nowhere.
A series of laughs erupted as it sunk in that he was obviously tripped. Like in prison this was a challenge to his superiority. If he let this pass he would be mocked and sneered at by this same group of boys. He wouldn’t walk to them like he was going to do nothing like a little bitch.
In a rage he turned and punched the stomach of the first face he saw. Some typical blonde haired wannabe jock. He knew from experience not to aim for the ribs. Instead he needed to aim for where he thought the belly button was.
Yells and screams blindly echoed around him as his after the punch he followed up his elbow of the opposite arm slamming into the face of the jock. Harder than a fist, the elbow struck the jock’s jaw and seemingly dropped him against a locker. Just in time to catch an errant and soft punch to the nose that sure enough hurt but did little to slow him down as his dad had taught him to fight through the pain. Blood and scars happened. They were a natural consequence of life to a man.
Taking the punch and falling further into his red state Matt headbutted the punch thrower before another guy arm bared his throat from behind. Which he managed to get his grip on the arm over a letterman jacked and jerk the unprepared boy to the side with him still latched on.
A few feet away from the lockers Matt knew his only chance was to jump and push off the lockers and knock the boy to the ground and so he did. He heard a thunk of the boy’s skull bouncing off the ground and he turned to pull out of the grapple.
The beatings he had taken from his father, the grapples, being choked unconscious. Had prepared him for fighting little bitches who didn’t know what a fight was. It wasn’t gay porn with rabbit punch fists flying.
Blood was running down his face and the pain started to hit him as the threats had been eliminated. Only then did he remember to breathe. Taking breathes as Vicky came up to him with tissues and took a hold of his nose.
“Owww owww owww what the fuck my nose could be broken.” He said to Vicky as she pulled his head up and back.
“It’s ok Carl. It’s done.” Matt tried to look to see who Vicky was talking to. It was a boy taller than his 5’9” by more than a small margin. The boy eyed him bored and annoyed before speaking. “What happened here?” An unoriginal line but one Matt couldn’t be a smart aleck about. “Well you see there was an outbreak of tripping and we all tripped over my dick. It happens.” Matt was about to laugh when Vicky seemed to pull up while still gripping his nose causing Matt no small amount of pain which he audibly evidenced.
Vicky spoke in a tone he wasn’t expecting. As if she was accustomed to issuing orders. “Keep Iris away from the hall till we sanitize the site. We have blood from at least three people contaminating the site. And have Jake bring me a spare jacket and shirt for this moron.”
Carl seemed to acknowledge her orders and seemed to blink away. Maybe the punch hit harder than he expected. He had no time to wonder as Vick took her hand away from his and pushed him against the lockers. With ease he had not been expecting from her form and stature.
Before he could respond Vicky licked his blood covered chin and then his lips and spoke to him. “Focus on me you little blood bag.” Her tone had an annoyed yet feminine sneer.
“Look into my eyes. Look at me. You belong to me. You are just another food source in a collection of food sources.” Her eyes were a beautiful hazel Matt thought. Almost green. Pretty like jewels in some old treasure collections. The eyes he could get lost in before kissing her. Finally Vicky was just a slight and petite brunette and he thought she was beautiful.
She would make a hell of a girlfriend. Some cute thing he could see laying on the beach in Florida on their sides laughing and smiling before trading light kisses while hands wandered innocently. Before his mind could drift further he felt her lips on his. It took him a second to mentally grasp the kiss but his arms were around her back as her hands were at his sides. His eyes reflexively closed as he saw hers close.
It was ineffable to Matt. Beyond words, what was happening. The kiss, the moments beforehand. The way his brain tickled with electricity and gentle warmth. He had never had a kiss like this and he had traded more than a few kisses with at least a few girls.
The kiss was like a warm bath with his consciousness slipping beneath the surface. Their lips only parted to try new angles and approaches as Matt struggled to take in breath. It was a moment he could have stayed trapped in for….he didn’t know. But a curt throat clearing by another girl pulled them out of the moment.
The girl was taller than Vicky. Blonde. With slight curves. Vicky addressed her bewildered and gobsmacked, and perhaps a bit embarrassed. “Tina?”

Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo" or the "Company"), which is building the leading platform for cell programming and biosecurity, today announced that it received a notice on May 7, 2024 from the New York Stock Exchange ("NYSE") informing the Company that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock was less than $1 per share over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company's Class A common stock from the NYSE.
(PRNewsfoto/Ginkgo Bioworks) (PRNewsfoto/Ginkgo Bioworks) In accordance with applicable NYSE rules, the Company will notify the NYSE of its intent to regain compliance with applicable NYSE continued listing standards within 10 business days of receiving the notification. NYSE rules give Ginkgo a six-month period to regain compliance with the minimum price criteria. The Company intends to regain compliance with NYSE's continued listing standards and is considering all available options to do so.
Receipt of the NYSE notice does not affect Ginkgo's business operations. The Company's Class A common stock will continue to be listed and trade on the NYSE during the six-month cure period under the trading symbol "DNA", but will have an added designation of ".BC" to indicate that the Company is not currently in compliance with the NYSE's continued listing requirements.
About Ginkgo Bioworks Ginkgo Bioworks is the leading horizontal platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to pharmaceuticals to industrial and specialty chemicals. Ginkgo Biosecurity is building and deploying the next-generation infrastructure and technologies that global leaders need to predict, detect, and respond to a wide variety of biological threats. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks) or LinkedIn.
Forward-Looking Statements of Ginkgo Bioworks This press release contains certain forward-looking statements within the meaning of the federal securities laws, including the Company's ability to regain compliance with the continued listing standards of the NYSE within the applicable cure period, the Company's ability to continue to comply with applicable listing standards of the NYSE, and any potential plans of the Company to cure the stock price deficiency. These forward-looking statements generally are identified by the words "believe," "can," "project," "potential," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to regain compliance with the continued listing standards of the NYSE within the applicable cure period, (ii) our ability to continue to comply with applicable listing standards of the NYSE, (iii) volatility in the price of the Company's securities due to a variety of factors, including changes in the competitive and highly regulated industries in which the Company operates and plans to operate, variations in performance across competitors, and changes in laws and regulations affecting the Company's business, (iv) the ability to implement business plans, forecasts, and other expectations, and to identify and realize additional business opportunities, (v) the risk of downturns in demand for products using synthetic biology, (vi) the uncertainty regarding the demand for passive monitoring programs and biosecurity services, (vii) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations, (viii) the outcome of any pending or potential legal proceedings against the Company, (ix) our ability to realize the expected benefits from and the success of our Foundry platform programs, (x) our ability to successfully develop engineered cells, bioprocesses, data packages or other deliverables, and (xi) the product development or commercialization success of our customers. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the Company's annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on February 29, 2024, the Company's most recent quarterly report on Form 10-Q, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations

Okay random but there are some errors with Reddit this morning and it won't let me upload my chart. Spoiler alert, I really don't need to do it in the first place bc the chart is pretty much unchanged. The entire market is pretty much in a holding pattern as it waits for CPI. PPI came out this morning and spoiler alert, it was hot. I think we were expecting that a bit as inflation proves sticky and I think overall a hot inflation report all but kills any hopes you get anything more than 1 rate cut this year.
Some people have been saying that they are still thinking 2-3 cuts and these guys haven't been paying attention if ya ask me. That is overly optimistic. The fed slowing down QT is a BIG BIG deal and that starts next month. That should bring yields on the 10 year start to drop. It's not going to be as dramatic as quantitative easing might be with the buying of treasuries. But it will really take away that upward pressure that has been on the 10 year which should help growth stock markets like us.
Why am I talking about all of this???? Well (may not seem like it at the moment) but we are a great growth stock. We are moving so flat and volume has completely dropped off as the entire market is waiting for CPI and ultimately NVDA's earnings. Seeing the meme stocks return was NOT on my bingo card for 2024 so good god. Massive speculation in the market is something to watch out for. If you see any crazy price spikes as dumb money flows in, I would be cautiously optimistic for sure.
AMD has really lost the narrative. I know this might not be popular to say but I've said it in the comments and discussion multiple times. Market is looking at new ATH and we are still soooo far off after literally DOUBLING our sales guidance. It's not a failure of execution. It is a failure of communication and narrative. Computex is our last really chance in the next 6 months to try to regain control of the microphone. I feel in my bones that Zen 5 is coming but we really need another "one more thing" moment that isn't super super technical. The fact that everyone is all quiet on MI300 chip sales and things makes me wonder if they don't want to sing the praises bc they already have a 2nd gen? They might be wanting to really just make it through initial order deliveries before seeing potential cancellations for 2nd gen. This is allllll just pure speculation here. There is zero data to support this.
I just remember when we were fighting these DC wars with INTC, it felt like there was articles every single day coming out about how Genoa and Epyc were destroying the competition. Now radio silence. And I don't know why???? I hope it is by design for some reason but if is not, then honestly every single person on their marketing team HAS to be fired. There needs to be a shakeup for real.
At the end of the day, This price action is giving us a decent value proposition for AMD where our valuation is starting to catch up to our share price. AMD isn't a value stock. If we were, then where is the dividend lol. I do worry that eventually shareholders are going to start to look for some sort of leadership shakeup and this is going to tarnish what Lisa has accomplished with AMD.
AMD it stuck in this middle ground of nothing and we are riding the bottom trendline of $150 for our channel. Hopefully we can hold on here but without holding support in this area, then we are being set up for a massive potential downturn if NVDA misses somehow. We are going to get crushed and get 3x the pain NVDA and we aren't going to get nearly any of the benefit if they beat. Welcome to the suck!

ANALYSIS:

• FX analysis:
• We see looking at EURUSD that skew is v elevated as IV is elevated on calls vs puts.
• EURUSD is stuck under 1.08 but traders are looking for a break towards 1.09. Note that traders seem to be pricing in softer inflation data. If PPI comes hot and CPI too tomorrow, we can see strong downward move in EURUSD as traders are seemingly complacent from positioning on soft inflation data
• BTC:
• BTC positioning shows traders sell calls. Skew points downward. Can see some pressure for this OPEX as a result, but should push up after that. Hence why price is lower in premarket.
• https://imgur.com/a/mShRPhn
• Oil:
• Range bound as traders waiting for US economic data this week. But skew is still pointing higher. Buyer momentum is higher, so it is positioned for a move higher but I suppose traders hold their breath waiting for the data.
• Silver:
• Looks like can continue higher. Skew is higher, IV change is rising.
• Calls on 28 adn 29 are the main options.
• https://imgur.com/a/q3KxHuN
• USDJPY - gamma wall at 157C. Can get stopped there, before move higher after. Positioning on JPY v bearish.

DATA LEDE:

• Japan PPI:
• YOY came 0.9% vs 0.9% forecast, last month was revised to 0.9% YOY too.
• So is gradually increasing since November.
• German Final inflation revision showed no change to preliminary reading. Confirmed the prelim reading. inflation of 2.2% vs 2.2% last time.
• UK EMPLOYMENT DATA
• 178k people got laid off in the last month, less than the 215k expected.
• More than the 156k last month.
• So labour market is continuing to weaken.
• Unemployment rate rose to 4.3% in line with expectations. Highest reading in over a year.
• Average earnings still came hot though, at 5.7% growth YOY vs 5.3% forecasted. Last month was 5.7% YOY.
• Average earnings growth has come down a lot though in the last year and is now near yearly lows of growth.
• So UK labour market data showed weakening of labour market.
• EURO ZEW Economic Sentiment index:
• Came 47 vs 46.1 expected.
• Highest economic sentiment reading in over a year.
• Economic sentiment in Eurozone continues to improve.
• German economic sentiment index came 47.1 vs 46 expected. Highest in a year.
• US PPI Data
• Fed’s Powell is due to speak at 10am, unlikely to say anything in particular.

MARKETS:

• Markets are flat, waiting for PPI.
• SPX trading flat around the levels it was at yesterday, ahead of PPI. Market waiting for PPI
• Nasdaq: 18,200. Trading flat around these levels.
• DJI flat at 39.5k
• GEr40: Trading flat at the highs, trading at 18,700.
• HKG trading lower by 0.8%. Tested close to 19k and held.
• OIL trading flat the last week or so around 77-79.
• GOLD: trading flat at 2,344.

FX:

• GBP down due to weak employment data, which points to firstly, rate cuts being on the horizon, and weakness in UK economy.
• Also down because BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Recovered somewhat with EURO which headed higher after ZEW Economic survey
• Yen continues weakness after failed intervention
• DXY flat ahead of PPI
• EURUSD trading t the 1.08 resistance
• AUDUSD trading at 0.66. Still stuck under the downtrend trend line.

EARNINGS:
BABA

• EPS of 10.14 vs 10.21 expected. Miss by 0.7%
• Revenue of 221.8B beat by 1%. Up 6% YOY
• Adjusted EBITDA was 30.81B yuan, beat by 1.4%
• Segment revenue:
• Taobao group was 93B, beat estimates by 1%, down 28% QOQ
• Cloud intelligence was down 8% QOQ
• Local services group revenue was 15B Yuan
• Cainiao Smart logistics network was 20.12B yuan
• So mixed segment revenue.
• Approved a $4B dividend for Fy 2024.
• One time extraordinary cash dividend
• Repurchased $12.5B worth of shares in Fy 2024.
• They are focusing on enhancing customer experience and growing AI product capabilities
• Significant investments in strategic business priorities, particularly in ecomm
• CEO comments:
• Returning to growth, our china and international commerce business saw double digit GMV growth
• Accelerated revenue in cloud computing
• NOT GREAT EARNINGS ON THE WHOLE. EPS was dissapoitning, segment revenues were dissapointing.

HD

• Down as they say that delayed spring selling is hurting sales.
• Weak current quarter, comps were down worse than expected. But they maintained the Full year guide, which was better than many expected imo
• Rev $36.4B vs $36.7B est. missed narrowly
• Comps -2.8% vs -2.2% est. worse than expected
• EPS $3.63 vs $3.60 est. slightly better than expected
• Customer transactions were down 1% YOY
• Average ticket down 1.3% YOY
• Sales per retail square foot were down 3.4% YOY
• Maintains FY guide
• FY EPS of $15.26
• FY sales of 154.2B
• The 1Q weakness is in-line with what we highlighted, but FY guide maintained = better than feared by some.
• Delayed start to sprint and softness in larger discretionary projects hurt sales.
• Still seeing challenges
• But are trying to look forward to rest of the fiscal year with robust plans to engage customers.

SONY:

• Announced new leadership structure.
• Is adopting a new dual CEO structure for their video game Unit.
• Net profit was 189B yen , up 34% YOY and beat by 26.8%
• Revenue was 3.48T, up 14% YOY, beat by 14%
• EPS of 153.6, beat by 34%
• Segment performance:
• Game Business revenue was 3.481T, up 14% YOY
• Game business operating profit was 105.9B, more than double YOY
• Moving business operating profit was nearly double YOY
• So strong quarter results
• GUIDANCE FOR FY2025:
• Revenue of 12.31T, down 5.5% YOY
• Net profit of 925B down 4% YOY
• Planning partial spin off of financial unit
• Conducting 5-1 stock split
• Announced buyback of 250B shares
• Seen strong performance in game and movie business, leading to robust quarter.

MAG 7 NEWS:

• MSFT - OPENAI announcements yesterday:
• Releases voice assistant, which acts as a translator in real time.
• OpenAI GPT 4o which is faster, omnimodel and easier. It will launch on desktop version too. Said this model will be available for free.
• Showcased use of AI for tutoring.
• Announced they have over 100m+ users using chatGPT worldwide.
• TSLA - rehires their key Supercharger Team, reversing recent cuts.
• GOOGL, AMZN - Anthropic, which is backed by these companies is launching its GenAI chatbot Claude throughout europe including EU countries Switzerland and Iceland.
• GOOGL - has their own IO developer event today. Is expected to showcase its latest AI tools and AI linked enhancements to products.
• AAPL - Foxconn reported earnings. Whilst their results jumped a lot YOY, they missed estimates. They said they saw strong server demand due to AI, but consumer electronics sales were down 9%, weakness in iPhone in CHina.
• Said they are cautious about near term consumer electronics demand.
• AAPL - preparing o sell Vision Pro device outside of US for first time, plans to expand to CHina, Japan and France.

COMPANY SPECIFIC:

• SPWR up as part of a short squeeze of meme stocks, and other heavily shorted stocks.
• GME - Up 40% in premarket. The squeeze continues.
• AMC up 50% too, BB up 15%
• The meme stocks are seeing momentum continuing on from yesterday, after coming into focus due to Roaring Kitty’s tweet during weekend.
• Chinese EV company, BYD is unveiling Plug in hybrid pickup truck in Mexico. It’s called the shark and will be distributed globally except for US.
• RUM - Rumble sues Google for $1B over anticompetitive ad practices. Files lawsuit
• WMT - to lay off and relocate hundreds of corporate workers. Remote workers have been asked to move to larger corporate hubs. Small office employees in Dallas, Atlanta and Toronto to relocate
• UBER - Willa acquire FoodPanda’s Taiwan business for 950M
• ULTA - maintained at hold by Stifel

OTHER NEWS

• Meme stock rally this morning continues.
• US small business index ahead of expectations, but much below the historically average level. Cost pressures remain the main issue as many small businesses still raise wages to retain workers.Inflation still the main issue for small businesses in US, but less so than before.
• Yesterday’s trading saw the lowest volume day since Thanksgiving 2023. This is as traders await the key economic news coming out this week.
• Yesterday saw inflation expectations rise for next year to 3.3%, highest since November 2023.
• From the data this morning then, we can see that the macro trends are:
• UK labour market continues to weaken
• Euro economic sentiment improves
• Bank of America sees slower growth but still positive spending in the US. People are getting user to higher rate environment.
• US administration increases tariffs on $18B of Chinese imports. Including semiconductors, batteries, solars, EVs etc. Trying to bolster domestic manufacturing.
• Yesterday, Yellen said that China is not really playing by the rules on trade, said it is unacceptable to be dependent on China in key industries.
• B of A fund manager survey shows fund managers are most bullish since 2021. Not seeing signs of big pullback here. Cash allocation decreasing as fund managers INCREASE exposure to the market too. Lowest cash level since 2021.
• BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Said we can cut rates and still have restrictive policy.
• OPEC sees demand for doc crude in 2024 at 43.2M BPD in 2024, and says they will now only forecast demand for doc crude
• OPEC said that despite some downside risks, there is further upside potential for global economic growth in 2024.

ANALYSIS:

• FX analysis:
• We see looking at EURUSD that skew is v elevated as IV is elevated on calls vs puts.
• EURUSD is stuck under 1.08 but traders are looking for a break towards 1.09. Note that traders seem to be pricing in softer inflation data. If PPI comes hot and CPI too tomorrow, we can see strong downward move in EURUSD as traders are seemingly complacent from positioning on soft inflation data
• BTC:
• BTC positioning shows traders sell calls. Skew points downward. Can see some pressure for this OPEX as a result, but should push up after that. Hence why price is lower in premarket.
• https://imgur.com/a/mShRPhn
• Oil:
• Range bound as traders waiting for US economic data this week. But skew is still pointing higher. Buyer momentum is higher, so it is positioned for a move higher but I suppose traders hold their breath waiting for the data.
• Silver:
• Looks like can continue higher. Skew is higher, IV change is rising.
• Calls on 28 adn 29 are the main options.
• https://imgur.com/a/q3KxHuN
• USDJPY - gamma wall at 157C. Can get stopped there, before move higher after. Positioning on JPY v bearish.

DATA LEDE:

• Japan PPI:
• YOY came 0.9% vs 0.9% forecast, last month was revised to 0.9% YOY too.
• So is gradually increasing since November.
• German Final inflation revision showed no change to preliminary reading. Confirmed the prelim reading. inflation of 2.2% vs 2.2% last time.
• UK EMPLOYMENT DATA
• 178k people got laid off in the last month, less than the 215k expected.
• More than the 156k last month.
• So labour market is continuing to weaken.
• Unemployment rate rose to 4.3% in line with expectations. Highest reading in over a year.
• Average earnings still came hot though, at 5.7% growth YOY vs 5.3% forecasted. Last month was 5.7% YOY.
• Average earnings growth has come down a lot though in the last year and is now near yearly lows of growth.
• So UK labour market data showed weakening of labour market.
• EURO ZEW Economic Sentiment index:
• Came 47 vs 46.1 expected.
• Highest economic sentiment reading in over a year.
• Economic sentiment in Eurozone continues to improve.
• German economic sentiment index came 47.1 vs 46 expected. Highest in a year.
• US PPI Data
• Fed’s Powell is due to speak at 10am, unlikely to say anything in particular.

MARKETS:

• Markets are flat, waiting for PPI.
• SPX trading flat around the levels it was at yesterday, ahead of PPI. Market waiting for PPI
• Nasdaq: 18,200. Trading flat around these levels.
• DJI flat at 39.5k
• GEr40: Trading flat at the highs, trading at 18,700.
• HKG trading lower by 0.8%. Tested close to 19k and held.
• OIL trading flat the last week or so around 77-79.
• GOLD: trading flat at 2,344.

FX:

• GBP down due to weak employment data, which points to firstly, rate cuts being on the horizon, and weakness in UK economy.
• Also down because BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Recovered somewhat with EURO which headed higher after ZEW Economic survey
• Yen continues weakness after failed intervention
• DXY flat ahead of PPI
• EURUSD trading t the 1.08 resistance
• AUDUSD trading at 0.66. Still stuck under the downtrend trend line.

EARNINGS:
BABA

• EPS of 10.14 vs 10.21 expected. Miss by 0.7%
• Revenue of 221.8B beat by 1%. Up 6% YOY
• Adjusted EBITDA was 30.81B yuan, beat by 1.4%
• Segment revenue:
• Taobao group was 93B, beat estimates by 1%, down 28% QOQ
• Cloud intelligence was down 8% QOQ
• Local services group revenue was 15B Yuan
• Cainiao Smart logistics network was 20.12B yuan
• So mixed segment revenue.
• Approved a $4B dividend for Fy 2024.
• One time extraordinary cash dividend
• Repurchased $12.5B worth of shares in Fy 2024.
• They are focusing on enhancing customer experience and growing AI product capabilities
• Significant investments in strategic business priorities, particularly in ecomm
• CEO comments:
• Returning to growth, our china and international commerce business saw double digit GMV growth
• Accelerated revenue in cloud computing
• NOT GREAT EARNINGS ON THE WHOLE. EPS was dissapoitning, segment revenues were dissapointing.

HD

• Down as they say that delayed spring selling is hurting sales.
• Weak current quarter, comps were down worse than expected. But they maintained the Full year guide, which was better than many expected imo
• Rev $36.4B vs $36.7B est. missed narrowly
• Comps -2.8% vs -2.2% est. worse than expected
• EPS $3.63 vs $3.60 est. slightly better than expected
• Customer transactions were down 1% YOY
• Average ticket down 1.3% YOY
• Sales per retail square foot were down 3.4% YOY
• Maintains FY guide
• FY EPS of $15.26
• FY sales of 154.2B
• The 1Q weakness is in-line with what we highlighted, but FY guide maintained = better than feared by some.
• Delayed start to sprint and softness in larger discretionary projects hurt sales.
• Still seeing challenges
• But are trying to look forward to rest of the fiscal year with robust plans to engage customers.

SONY:

• Announced new leadership structure.
• Is adopting a new dual CEO structure for their video game Unit.
• Net profit was 189B yen , up 34% YOY and beat by 26.8%
• Revenue was 3.48T, up 14% YOY, beat by 14%
• EPS of 153.6, beat by 34%
• Segment performance:
• Game Business revenue was 3.481T, up 14% YOY
• Game business operating profit was 105.9B, more than double YOY
• Moving business operating profit was nearly double YOY
• So strong quarter results
• GUIDANCE FOR FY2025:
• Revenue of 12.31T, down 5.5% YOY
• Net profit of 925B down 4% YOY
• Planning partial spin off of financial unit
• Conducting 5-1 stock split
• Announced buyback of 250B shares
• Seen strong performance in game and movie business, leading to robust quarter.

MAG 7 NEWS:

• MSFT - OPENAI announcements yesterday:
• Releases voice assistant, which acts as a translator in real time.
• OpenAI GPT 4o which is faster, omnimodel and easier. It will launch on desktop version too. Said this model will be available for free.
• Showcased use of AI for tutoring.
• Announced they have over 100m+ users using chatGPT worldwide.
• TSLA - rehires their key Supercharger Team, reversing recent cuts.
• GOOGL, AMZN - Anthropic, which is backed by these companies is launching its GenAI chatbot Claude throughout europe including EU countries Switzerland and Iceland.
• GOOGL - has their own IO developer event today. Is expected to showcase its latest AI tools and AI linked enhancements to products.
• AAPL - Foxconn reported earnings. Whilst their results jumped a lot YOY, they missed estimates. They said they saw strong server demand due to AI, but consumer electronics sales were down 9%, weakness in iPhone in CHina.
• Said they are cautious about near term consumer electronics demand.
• AAPL - preparing o sell Vision Pro device outside of US for first time, plans to expand to CHina, Japan and France.

COMPANY SPECIFIC:

• SPWR up as part of a short squeeze of meme stocks, and other heavily shorted stocks.
• GME - Up 40% in premarket. The squeeze continues.
• AMC up 50% too, BB up 15%
• The meme stocks are seeing momentum continuing on from yesterday, after coming into focus due to Roaring Kitty’s tweet during weekend.
• Chinese EV company, BYD is unveiling Plug in hybrid pickup truck in Mexico. It’s called the shark and will be distributed globally except for US.
• RUM - Rumble sues Google for $1B over anticompetitive ad practices. Files lawsuit
• WMT - to lay off and relocate hundreds of corporate workers. Remote workers have been asked to move to larger corporate hubs. Small office employees in Dallas, Atlanta and Toronto to relocate
• UBER - Willa acquire FoodPanda’s Taiwan business for 950M
• ULTA - maintained at hold by Stifel

OTHER NEWS

• Meme stock rally this morning continues.
• US small business index ahead of expectations, but much below the historically average level. Cost pressures remain the main issue as many small businesses still raise wages to retain workers.Inflation still the main issue for small businesses in US, but less so than before.
• Yesterday’s trading saw the lowest volume day since Thanksgiving 2023. This is as traders await the key economic news coming out this week.
• Yesterday saw inflation expectations rise for next year to 3.3%, highest since November 2023.
• From the data this morning then, we can see that the macro trends are:
• UK labour market continues to weaken
• Euro economic sentiment improves
• Bank of America sees slower growth but still positive spending in the US. People are getting user to higher rate environment.
• US administration increases tariffs on $18B of Chinese imports. Including semiconductors, batteries, solars, EVs etc. Trying to bolster domestic manufacturing.
• Yesterday, Yellen said that China is not really playing by the rules on trade, said it is unacceptable to be dependent on China in key industries.
• B of A fund manager survey shows fund managers are most bullish since 2021. Not seeing signs of big pullback here. Cash allocation decreasing as fund managers INCREASE exposure to the market too. Lowest cash level since 2021.
• BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Said we can cut rates and still have restrictive policy.
• OPEC sees demand for doc crude in 2024 at 43.2M BPD in 2024, and says they will now only forecast demand for doc crude
• OPEC said that despite some downside risks, there is further upside potential for global economic growth in 2024.

For more of my daily analysis please join Tradingedge
ANALYSIS:

• FX analysis:
• We see looking at EURUSD that skew is v elevated as IV is elevated on calls vs puts.
• EURUSD is stuck under 1.08 but traders are looking for a break towards 1.09. Note that traders seem to be pricing in softer inflation data. If PPI comes hot and CPI too tomorrow, we can see strong downward move in EURUSD as traders are seemingly complacent from positioning on soft inflation data
• BTC:
• BTC positioning shows traders sell calls. Skew points downward. Can see some pressure for this OPEX as a result, but should push up after that. Hence why price is lower in premarket.
• https://imgur.com/a/mShRPhn
• Oil:
• Range bound as traders waiting for US economic data this week. But skew is still pointing higher. Buyer momentum is higher, so it is positioned for a move higher but I suppose traders hold their breath waiting for the data.
• Silver:
• Looks like can continue higher. Skew is higher, IV change is rising.
• Calls on 28 adn 29 are the main options.
• https://imgur.com/a/q3KxHuN
• USDJPY - gamma wall at 157C. Can get stopped there, before move higher after. Positioning on JPY v bearish.

DATA LEDE:

• Japan PPI:
• YOY came 0.9% vs 0.9% forecast, last month was revised to 0.9% YOY too.
• So is gradually increasing since November.
• German Final inflation revision showed no change to preliminary reading. Confirmed the prelim reading. inflation of 2.2% vs 2.2% last time.
• UK EMPLOYMENT DATA
• 178k people got laid off in the last month, less than the 215k expected.
• More than the 156k last month.
• So labour market is continuing to weaken.
• Unemployment rate rose to 4.3% in line with expectations. Highest reading in over a year.
• Average earnings still came hot though, at 5.7% growth YOY vs 5.3% forecasted. Last month was 5.7% YOY.
• Average earnings growth has come down a lot though in the last year and is now near yearly lows of growth.
• So UK labour market data showed weakening of labour market.
• EURO ZEW Economic Sentiment index:
• Came 47 vs 46.1 expected.
• Highest economic sentiment reading in over a year.
• Economic sentiment in Eurozone continues to improve.
• German economic sentiment index came 47.1 vs 46 expected. Highest in a year.
• US PPI Data
• Fed’s Powell is due to speak at 10am, unlikely to say anything in particular.

MARKETS:

• Markets are flat, waiting for PPI.
• SPX trading flat around the levels it was at yesterday, ahead of PPI. Market waiting for PPI
• Nasdaq: 18,200. Trading flat around these levels.
• DJI flat at 39.5k
• GEr40: Trading flat at the highs, trading at 18,700.
• HKG trading lower by 0.8%. Tested close to 19k and held.
• OIL trading flat the last week or so around 77-79.
• GOLD: trading flat at 2,344.

FX:

• GBP down due to weak employment data, which points to firstly, rate cuts being on the horizon, and weakness in UK economy.
• Also down because BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Recovered somewhat with EURO which headed higher after ZEW Economic survey
• Yen continues weakness after failed intervention
• DXY flat ahead of PPI
• EURUSD trading t the 1.08 resistance
• AUDUSD trading at 0.66. Still stuck under the downtrend trend line.

EARNINGS:
BABA

• EPS of 10.14 vs 10.21 expected. Miss by 0.7%
• Revenue of 221.8B beat by 1%. Up 6% YOY
• Adjusted EBITDA was 30.81B yuan, beat by 1.4%
• Segment revenue:
• Taobao group was 93B, beat estimates by 1%, down 28% QOQ
• Cloud intelligence was down 8% QOQ
• Local services group revenue was 15B Yuan
• Cainiao Smart logistics network was 20.12B yuan
• So mixed segment revenue.
• Approved a $4B dividend for Fy 2024.
• One time extraordinary cash dividend
• Repurchased $12.5B worth of shares in Fy 2024.
• They are focusing on enhancing customer experience and growing AI product capabilities
• Significant investments in strategic business priorities, particularly in ecomm
• CEO comments:
• Returning to growth, our china and international commerce business saw double digit GMV growth
• Accelerated revenue in cloud computing
• NOT GREAT EARNINGS ON THE WHOLE. EPS was dissapoitning, segment revenues were dissapointing.

HD

• Down as they say that delayed spring selling is hurting sales.
• Weak current quarter, comps were down worse than expected. But they maintained the Full year guide, which was better than many expected imo
• Rev $36.4B vs $36.7B est. missed narrowly
• Comps -2.8% vs -2.2% est. worse than expected
• EPS $3.63 vs $3.60 est. slightly better than expected
• Customer transactions were down 1% YOY
• Average ticket down 1.3% YOY
• Sales per retail square foot were down 3.4% YOY
• Maintains FY guide
• FY EPS of $15.26
• FY sales of 154.2B
• The 1Q weakness is in-line with what we highlighted, but FY guide maintained = better than feared by some.
• Delayed start to sprint and softness in larger discretionary projects hurt sales.
• Still seeing challenges
• But are trying to look forward to rest of the fiscal year with robust plans to engage customers.

SONY:

• Announced new leadership structure.
• Is adopting a new dual CEO structure for their video game Unit.
• Net profit was 189B yen , up 34% YOY and beat by 26.8%
• Revenue was 3.48T, up 14% YOY, beat by 14%
• EPS of 153.6, beat by 34%
• Segment performance:
• Game Business revenue was 3.481T, up 14% YOY
• Game business operating profit was 105.9B, more than double YOY
• Moving business operating profit was nearly double YOY
• So strong quarter results
• GUIDANCE FOR FY2025:
• Revenue of 12.31T, down 5.5% YOY
• Net profit of 925B down 4% YOY
• Planning partial spin off of financial unit
• Conducting 5-1 stock split
• Announced buyback of 250B shares
• Seen strong performance in game and movie business, leading to robust quarter.

MAG 7 NEWS:

• MSFT - OPENAI announcements yesterday:
• Releases voice assistant, which acts as a translator in real time.
• OpenAI GPT 4o which is faster, omnimodel and easier. It will launch on desktop version too. Said this model will be available for free.
• Showcased use of AI for tutoring.
• Announced they have over 100m+ users using chatGPT worldwide.
• TSLA - rehires their key Supercharger Team, reversing recent cuts.
• GOOGL, AMZN - Anthropic, which is backed by these companies is launching its GenAI chatbot Claude throughout europe including EU countries Switzerland and Iceland.
• GOOGL - has their own IO developer event today. Is expected to showcase its latest AI tools and AI linked enhancements to products.
• AAPL - Foxconn reported earnings. Whilst their results jumped a lot YOY, they missed estimates. They said they saw strong server demand due to AI, but consumer electronics sales were down 9%, weakness in iPhone in CHina.
• Said they are cautious about near term consumer electronics demand.
• AAPL - preparing o sell Vision Pro device outside of US for first time, plans to expand to CHina, Japan and France.

COMPANY SPECIFIC:

• SPWR up as part of a short squeeze of meme stocks, and other heavily shorted stocks.
• GME - Up 40% in premarket. The squeeze continues.
• AMC up 50% too, BB up 15%
• The meme stocks are seeing momentum continuing on from yesterday, after coming into focus due to Roaring Kitty’s tweet during weekend.
• Chinese EV company, BYD is unveiling Plug in hybrid pickup truck in Mexico. It’s called the shark and will be distributed globally except for US.
• RUM - Rumble sues Google for $1B over anticompetitive ad practices. Files lawsuit
• WMT - to lay off and relocate hundreds of corporate workers. Remote workers have been asked to move to larger corporate hubs. Small office employees in Dallas, Atlanta and Toronto to relocate
• UBER - Willa acquire FoodPanda’s Taiwan business for 950M
• ULTA - maintained at hold by Stifel

OTHER NEWS

• Meme stock rally this morning continues.
• US small business index ahead of expectations, but much below the historically average level. Cost pressures remain the main issue as many small businesses still raise wages to retain workers.Inflation still the main issue for small businesses in US, but less so than before.
• Yesterday’s trading saw the lowest volume day since Thanksgiving 2023. This is as traders await the key economic news coming out this week.
• Yesterday saw inflation expectations rise for next year to 3.3%, highest since November 2023.
• From the data this morning then, we can see that the macro trends are:
• UK labour market continues to weaken
• Euro economic sentiment improves
• Bank of America sees slower growth but still positive spending in the US. People are getting user to higher rate environment.
• US administration increases tariffs on $18B of Chinese imports. Including semiconductors, batteries, solars, EVs etc. Trying to bolster domestic manufacturing.
• Yesterday, Yellen said that China is not really playing by the rules on trade, said it is unacceptable to be dependent on China in key industries.
• B of A fund manager survey shows fund managers are most bullish since 2021. Not seeing signs of big pullback here. Cash allocation decreasing as fund managers INCREASE exposure to the market too. Lowest cash level since 2021.
• BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Said we can cut rates and still have restrictive policy.
• OPEC sees demand for doc crude in 2024 at 43.2M BPD in 2024, and says they will now only forecast demand for doc crude
• OPEC said that despite some downside risks, there is further upside potential for global economic growth in 2024.

For more of my daily analysis please join Tradingedge
ANALYSIS:

• FX analysis:
• We see looking at EURUSD that skew is v elevated as IV is elevated on calls vs puts.
• EURUSD is stuck under 1.08 but traders are looking for a break towards 1.09. Note that traders seem to be pricing in softer inflation data. If PPI comes hot and CPI too tomorrow, we can see strong downward move in EURUSD as traders are seemingly complacent from positioning on soft inflation data
• BTC:
• BTC positioning shows traders sell calls. Skew points downward. Can see some pressure for this OPEX as a result, but should push up after that. Hence why price is lower in premarket.
• https://imgur.com/a/mShRPhn
• Oil:
• Range bound as traders waiting for US economic data this week. But skew is still pointing higher. Buyer momentum is higher, so it is positioned for a move higher but I suppose traders hold their breath waiting for the data.
• Silver:
• Looks like can continue higher. Skew is higher, IV change is rising.
• Calls on 28 adn 29 are the main options.
• https://imgur.com/a/q3KxHuN
• USDJPY - gamma wall at 157C. Can get stopped there, before move higher after. Positioning on JPY v bearish.

DATA LEDE:

• Japan PPI:
• YOY came 0.9% vs 0.9% forecast, last month was revised to 0.9% YOY too.
• So is gradually increasing since November.
• German Final inflation revision showed no change to preliminary reading. Confirmed the prelim reading. inflation of 2.2% vs 2.2% last time.
• UK EMPLOYMENT DATA
• 178k people got laid off in the last month, less than the 215k expected.
• More than the 156k last month.
• So labour market is continuing to weaken.
• Unemployment rate rose to 4.3% in line with expectations. Highest reading in over a year.
• Average earnings still came hot though, at 5.7% growth YOY vs 5.3% forecasted. Last month was 5.7% YOY.
• Average earnings growth has come down a lot though in the last year and is now near yearly lows of growth.
• So UK labour market data showed weakening of labour market.
• EURO ZEW Economic Sentiment index:
• Came 47 vs 46.1 expected.
• Highest economic sentiment reading in over a year.
• Economic sentiment in Eurozone continues to improve.
• German economic sentiment index came 47.1 vs 46 expected. Highest in a year.
• US PPI Data
• Fed’s Powell is due to speak at 10am, unlikely to say anything in particular.

MARKETS:

• Markets are flat, waiting for PPI.
• SPX trading flat around the levels it was at yesterday, ahead of PPI. Market waiting for PPI
• Nasdaq: 18,200. Trading flat around these levels.
• DJI flat at 39.5k
• GEr40: Trading flat at the highs, trading at 18,700.
• HKG trading lower by 0.8%. Tested close to 19k and held.
• OIL trading flat the last week or so around 77-79.
• GOLD: trading flat at 2,344.

FX:

• GBP down due to weak employment data, which points to firstly, rate cuts being on the horizon, and weakness in UK economy.
• Also down because BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Recovered somewhat with EURO which headed higher after ZEW Economic survey
• Yen continues weakness after failed intervention
• DXY flat ahead of PPI
• EURUSD trading t the 1.08 resistance
• AUDUSD trading at 0.66. Still stuck under the downtrend trend line.

EARNINGS:
BABA

• EPS of 10.14 vs 10.21 expected. Miss by 0.7%
• Revenue of 221.8B beat by 1%. Up 6% YOY
• Adjusted EBITDA was 30.81B yuan, beat by 1.4%
• Segment revenue:
• Taobao group was 93B, beat estimates by 1%, down 28% QOQ
• Cloud intelligence was down 8% QOQ
• Local services group revenue was 15B Yuan
• Cainiao Smart logistics network was 20.12B yuan
• So mixed segment revenue.
• Approved a $4B dividend for Fy 2024.
• One time extraordinary cash dividend
• Repurchased $12.5B worth of shares in Fy 2024.
• They are focusing on enhancing customer experience and growing AI product capabilities
• Significant investments in strategic business priorities, particularly in ecomm
• CEO comments:
• Returning to growth, our china and international commerce business saw double digit GMV growth
• Accelerated revenue in cloud computing
• NOT GREAT EARNINGS ON THE WHOLE. EPS was dissapoitning, segment revenues were dissapointing.

HD

• Down as they say that delayed spring selling is hurting sales.
• Weak current quarter, comps were down worse than expected. But they maintained the Full year guide, which was better than many expected imo
• Rev $36.4B vs $36.7B est. missed narrowly
• Comps -2.8% vs -2.2% est. worse than expected
• EPS $3.63 vs $3.60 est. slightly better than expected
• Customer transactions were down 1% YOY
• Average ticket down 1.3% YOY
• Sales per retail square foot were down 3.4% YOY
• Maintains FY guide
• FY EPS of $15.26
• FY sales of 154.2B
• The 1Q weakness is in-line with what we highlighted, but FY guide maintained = better than feared by some.
• Delayed start to sprint and softness in larger discretionary projects hurt sales.
• Still seeing challenges
• But are trying to look forward to rest of the fiscal year with robust plans to engage customers.

SONY:

• Announced new leadership structure.
• Is adopting a new dual CEO structure for their video game Unit.
• Net profit was 189B yen , up 34% YOY and beat by 26.8%
• Revenue was 3.48T, up 14% YOY, beat by 14%
• EPS of 153.6, beat by 34%
• Segment performance:
• Game Business revenue was 3.481T, up 14% YOY
• Game business operating profit was 105.9B, more than double YOY
• Moving business operating profit was nearly double YOY
• So strong quarter results
• GUIDANCE FOR FY2025:
• Revenue of 12.31T, down 5.5% YOY
• Net profit of 925B down 4% YOY
• Planning partial spin off of financial unit
• Conducting 5-1 stock split
• Announced buyback of 250B shares
• Seen strong performance in game and movie business, leading to robust quarter.

MAG 7 NEWS:

• MSFT - OPENAI announcements yesterday:
• Releases voice assistant, which acts as a translator in real time.
• OpenAI GPT 4o which is faster, omnimodel and easier. It will launch on desktop version too. Said this model will be available for free.
• Showcased use of AI for tutoring.
• Announced they have over 100m+ users using chatGPT worldwide.
• TSLA - rehires their key Supercharger Team, reversing recent cuts.
• GOOGL, AMZN - Anthropic, which is backed by these companies is launching its GenAI chatbot Claude throughout europe including EU countries Switzerland and Iceland.
• GOOGL - has their own IO developer event today. Is expected to showcase its latest AI tools and AI linked enhancements to products.
• AAPL - Foxconn reported earnings. Whilst their results jumped a lot YOY, they missed estimates. They said they saw strong server demand due to AI, but consumer electronics sales were down 9%, weakness in iPhone in CHina.
• Said they are cautious about near term consumer electronics demand.
• AAPL - preparing o sell Vision Pro device outside of US for first time, plans to expand to CHina, Japan and France.

COMPANY SPECIFIC:

• SPWR up as part of a short squeeze of meme stocks, and other heavily shorted stocks.
• GME - Up 40% in premarket. The squeeze continues.
• AMC up 50% too, BB up 15%
• The meme stocks are seeing momentum continuing on from yesterday, after coming into focus due to Roaring Kitty’s tweet during weekend.
• Chinese EV company, BYD is unveiling Plug in hybrid pickup truck in Mexico. It’s called the shark and will be distributed globally except for US.
• RUM - Rumble sues Google for $1B over anticompetitive ad practices. Files lawsuit
• WMT - to lay off and relocate hundreds of corporate workers. Remote workers have been asked to move to larger corporate hubs. Small office employees in Dallas, Atlanta and Toronto to relocate
• UBER - Willa acquire FoodPanda’s Taiwan business for 950M
• ULTA - maintained at hold by Stifel

OTHER NEWS

• Meme stock rally this morning continues.
• US small business index ahead of expectations, but much below the historically average level. Cost pressures remain the main issue as many small businesses still raise wages to retain workers.Inflation still the main issue for small businesses in US, but less so than before.
• Yesterday’s trading saw the lowest volume day since Thanksgiving 2023. This is as traders await the key economic news coming out this week.
• Yesterday saw inflation expectations rise for next year to 3.3%, highest since November 2023.
• From the data this morning then, we can see that the macro trends are:
• UK labour market continues to weaken
• Euro economic sentiment improves
• Bank of America sees slower growth but still positive spending in the US. People are getting user to higher rate environment.
• US administration increases tariffs on $18B of Chinese imports. Including semiconductors, batteries, solars, EVs etc. Trying to bolster domestic manufacturing.
• Yesterday, Yellen said that China is not really playing by the rules on trade, said it is unacceptable to be dependent on China in key industries.
• B of A fund manager survey shows fund managers are most bullish since 2021. Not seeing signs of big pullback here. Cash allocation decreasing as fund managers INCREASE exposure to the market too. Lowest cash level since 2021.
• BOE’s Pill says that Rate cut is likely to come under consideration in Summer, after employment data. Gilts are up in UK as a result. V explicit mention of rate cuts to come.
• Said we can cut rates and still have restrictive policy.
• OPEC sees demand for doc crude in 2024 at 43.2M BPD in 2024, and says they will now only forecast demand for doc crude
• OPEC said that despite some downside risks, there is further upside potential for global economic growth in 2024.

Hello Apes.
Long time holder and sleeper over the last few years, just quietly holding and buying after believing in the DD of previous much more intelligent apes than I, no more so than the absolute chad who kicked this all off, DFV.
Although I should be working right now, I wanted to round up all of the tweets from yesterday and understand the messages behind what was being tweeted. It seems to me that although DFV has to be cryptic with his memes, he has had so long to line this up that there must be intentional messaging behind the tweets too.
This is pure speculation on my part and i've tried to go through the original tweet posts on here and pick up on anything in the comments that others might have picked up on.
11am - https://x.com/TheRoaringKitty/status/1790034263603139012
Description: I'm not a massive Marvel watcher so maybe people can help me expand but the Thanos scene is taken from the ending credits of Scene of Age of Ultron where he has the infinity gauntlet in his hand saying "Fine, Ill do it myself" and the Wolverine scene is taken from X-Men origins where Wolverine is brought back to life and in remembering previous life events, went into a full on rage taking out everybody.
Speculation: The first tweet of the market day and a real statement of intent from DFV. Announcing to the world that he is truly back and he is still in. Lots of speculation about whether he would post a YOLO after hours (he did not) but certainly a statement of intent.
11.30am - https://twitter.com/TheRoaringKitty/status/1790041813379850491
Description: First part is the final scene of Ferris Bueller's Day Off I believe after the credits roll breaking the 3rd wall to ask why you are still here. Next we have Breaking Bad and this is where Saul wants out of the operation as it's becoming high risk but Walter tells him that they are done when he says they are done. Then we have a cat waking from a slumber with the Radiohead song Exit Music (for a film) playing and finally we have the beginning piano music to 'Light of the Seven' from Game of Thrones.
Speculation: I believe the first part is a joke that a lot of people have probably asked you over the years and will certainly ask you over the coming days, "oh are you still holding that GME stock?", "why are you still doing that?" but it could also be directed towards DFV as well from SHFs, why are you still here? (what's an exit strategy huh?). The Breaking Bad reference is an excellent rebuttal to that, "we're done, when i say we're done" (SHF's are fk). The Cat waking slowly can describe DFV slowly waking from his slumber, remember his last tweet to sign off years ago of a Cat going to sleep? The song has some interesting lyrics which i won't post in full but you can see for yourself here Here. Just to pick a few lines out; "Today we escape", "Breathe, keep breathing, Don't lose your nerve", "I can't do this alone". The final part is probably my favorite scene from GoT, Cersei's plan comes to full fruition with sweet revenge when she blows up the temple of a cult that had embarassed her beforehand and threatened her rule. She makes them pay with a giant green explosion so take from that what you will. If you want to check out the scene you can find it here.
12pm - https://twitter.com/TheRoaringKitty/status/1790049362846117942
Description: First we have V for Vendetta with "first the overture". Next we have a person driving in reverse from Ready Player One and then we have another scene from GoT where Daenerys (The Mother of Dragons) is facing confrontation from a murderous clan who are fighting against her claim over their city and her dragon waking up.
Speculation: The overture is an orchestral piece at the beginning of an opera and generally means an introduction to something more substantial, no need to expand further on that. I haven't seen Ready Player One but from looking at comments in other posts: The Ready Player One scene, he wins the race by beating the system. The GoT scene was the waking up Drogon to come to the aid of The Mother of Dragons while a group attempted to assassinate her, all looked lost until Drogon rode in to save the day. I tried to find the episode the check back but I'm pretty sure the actual dragon waking up scene is taken from an episode further into GME where the Dragon originally has blue eyes so I think that clip has been changed to include red eyes (GME red button anyone?)
Edit\* As pointed out in the comments by MrsDuckyJonez, "He did another Ready Player One scene years ago and it was the scene right before this one. It was really important because she tells him that he saw something that no one else saw- that in order to win (beat the system) he had to go backwards instead of racing for the finish line. The speculation back then when he posted it was that going back and looking at puts/calls was evidence that hedgies are fukd".\*
12:30pm - https://twitter.com/TheRoaringKitty/status/1790056912664601031
Description: Firstly, this is taken from Gangs of New York where Amsterdam's father is giving his son a shaving knife and stating "the blood stays on the blade" building up to a confrontation with Bill where he will eventually kill him with it. Then we go to the scene just before that happens but everyone has their faces painted in green. Finally we have the music video for Ludacris - Stand Up.
Speculation: I haven't seen Gangs of New York but from doing some research online about the significance of the hunting blade i came across this:

The shaving knife is symbolic.
"The blood stays on the blade" can be interpreted as "you can't wash away your sins."
One of the major themes of the film is that history repeats itself if we don't learn from its lessons.

Seems like a pretty simple message that SHFs haven't learnt their lessons and history is repeating itself right now, sign of things to come perhaps? Then we have Stand up, DFV having some fun here but the lyrics again have some interesting lines, "Watch out for the medallion, my diamonds are reckless", "What's wrong? The club and the moon is full", "One sure shot way to get 'em outta them pants". You can find the full lyrics Here
1pm - https://twitter.com/TheRoaringKitty/status/1790064464357724451
Description: Some car scenes here: Firstly we have a car driving off into the sunset taken from the Wiz Khalifa - See you Again music video (part of the Furious 7 soundtrack), then we have a car chase with a car pulling off a highway (not sure where this is from or if its a highway (i'm a UK ape) and finally we have another car chase but this one the driver has beaten the police cars and is pulling up.
Speculation: I like the take from u/ tajwriggly here where it could be that DFV is saying everyone thought he was driving off into the sunset for the life of ease... and who could blame him if he was? But no... he's right off the path and in the thick of things with the rest of us. I think all 3 scenes put together tell a short story, DFV seemingly riding off, then DFV giving it the big turn in a big chase and then DFV giving it the slip in his zen like state.
1.30pm - https://twitter.com/TheRoaringKitty/status/1790072011810812231
Description: First scene shows a woman on the verge of being beheaded before being spared at the last minute then we cut to a scene with 'Ain't no mountain high enough' coming in then finally Florence & the Machine with Dog Days Are Over.
Speculation: GME is going to run, there ain't no mountain high enough that's going to stop what this can reach and the DOG days are over, it's the days of the cat now.
2:00pm - https://twitter.com/TheRoaringKitty/status/1790079562866360327
Description: A beautiful cut scene of the avengers initiative charging as a team to save the world. All kinds of superheroes big and small.
Speculation: Whilst we are all individual investors we all do share in one common interest, we love the stock. There could be a case here for basket theory but I won't speculate on that further as I'm personally only interested in one stock but take from that what you will.
2:30pm - https://twitter.com/TheRoaringKitty/status/1790087112282239085
Description: The first scene is taken from the final duel in The Good, The Bad and The Ugly only some crowd cheering has been dubbed into the background. Then we have Thor coming down hard to smash everyone.
Speculation: There is a nervy standoff happening maybe between different short positions, who is going to blink first and close up knowing that making a move means bloodshed only...it doesn't matter because they are all going to get absolutely smashed anyway by the supreme hammer of Thor.
3:00pm - https://twitter.com/TheRoaringKitty/status/1790094668237259040
Description: First scene, "make no mistake it's not revenge he is after it's a reckoning", then we have a shotgun wielding man "you tell him i'm coming, and hells coming with me you hear?" and finally we have Narco with some baddass horse riders taking shots.
Speculation: As u/ strikeeagle points out, the Narco trumpets are synonymous with Mets fans as they bring in Edwin Diaz "Narco" to close up, usually when it's "Game over" for the opposing team. The reckoning is coming! Oh and Steve Cohen owns the Mets of course, trading is a tough game don't ya think?
3:30pm - https://twitter.com/TheRoaringKitty/status/1790102212619669909
Description: Pirates of the Caribbean scene where Captain Barbossa asks what has become of his precious and infamous ship, The Black Pearl. Then we have Men in Black where they press the red button and jet off.
Speculation: The captain is back to take back the ship and he is pressing the red button to send this into the stratosphere.
4:00pm - https://twitter.com/TheRoaringKitty/status/1790109766389477525
Description: Peeky blinders, Tommy Shelby, leader of the Shelby crew is prepping his family to be on their best behaviour just before they fleece a load of the elite at the races then we have another Peeky Blinders scene in which Tommy has another plan up his sleeve but in the end keeps it simple to achieve their goals for revenge.
Speculation: DFV has a plan and all that is required from GME loving people is just to keep your plums in order and enjoy the ride, don't make it more complicated than it needs to be, everything is already happening.
Edit: Sorry i missed one (i was in bed by this time 1am in UK)
8pm: - https://twitter.com/TheRoaringKitty/status/1790170162265460831
Description: The scene from Snatch where the Gypsy takes revenge on the gang that killed his mother after a continuing conflict throughout the film by taking to them with shotguns then we have the music video of BANG! by AJR and finally the Glengarry Glen Ross speech by Alec Baldwin with "oh, have i got your attention now?"
Speculation: Along the common theme here, Snatch is showing a big revenge with lots of shots fired and this is continued with lots more BANGS directed from Roaring Kitty. Finally the most interesting part of the video in my opinion, quoting the Glengarry Glen Ross Speech, I recommend you give it watch here but if you don't have time, ABC (ALWAYS BE CLOSING), YOU CLOSE OR YOU HIT THE BRICKS. Full scene here.
Let me know if you have anything to add below and hope you found this helpful. I really should do some work now.
Buy - Hodl - DRS
Love ya DFV x

I write this post because i feel kind of lost in where to go next. I mean not to brag or show of or anything, i guess i just want other peoples perspective on where to go next:)
I (25M) have grown up in an environment where saving money always have been a focus since i was a child. When i graduated high school the plan was to go to university, however i got the opportunity to work in the military. The plan was still to eventually go to university, therefore i still saved as much as i possibly could with the intention of using it as funds to live off through the university. Therefore I’ve been reluctant to invest due to the fact “i may be needing the money soon and wont risk to tie the money in wrong place”. Although really enjoy where i am right now, i will still work for a few more years before eventually going to university.
To this day, i have by a combination of salary, deployments, a bonus and a small inheritance saved around 300 000 usd. In addition, depending on an insurance claim i might (hopefully) end up with between 3 - 400 000usd. In hindsight i should probably have either invested i real estate or stock marked, but hindsight is a bitch isnt it?
Well i never imagined actually getting to this point this fast, so now i have started to question what to actually do with it. Having it stashed in a savings account is pointless due to inflation. So i have recently realised that instead of spending the money, it could rather be start of an investing journey where i may partly live off investments rather that tapping off all the actual funds, especially with studying in mind when I no longer have my now salary. And maybe thereafter the funds can be a great foundation to built financial independence. My family really insists on putting it in real estate and buy a house. I may rent it out for now and later live in it during university. They argue i could buy with little loan due to my funds, in addition that real estate in my area will probably (according to experts) increase up to 30% next 2-4 years due to supply and demand. So the argument to buy in sooner rather than later sound solid, however i fear tying up all funds in property will end up buying me a liability an expensive responsibilities that can be hard to survive on especially during university when i loose my main income.
I personally feel more attracted to the stock market. Buy in stocks now to hold long term that may compound into a strong financial foundation later, and maybe also pay out regularly dividends. In theory, the return on realestate may beat the stock market (i know we cant predict the future), but it also comes with a lot more exspenses such as maintenance, while stocks i more”passive”. The easiest route may be to just rent for the time and stick to the stocks. Or maybe i can combine the options? Either buy a house with as little down payments as possible and hope the returns in the stock market and the potential increase in real estate outpaces the higher loan? I feel kind of lost in trying to figure out where to go next. Do you have any experience or thoughts that might help out? Or other ideas?
My goal isnt to be rich, or live a fancy lifestyle. I simply want to be financial stable in the future and have time as my greatest asset. I guess I’m not asking for financial advice, i understand that i myself need to assess the risks and take responsibility for myself. But if anyone have any thoughts, perspectives, ideas or anything that will help me see things for other angles it would be much appreciated:) Thanks