Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Bump!
From $200 to $50. And that’s even the lowest it’s going to get. Can’t deliver trucks and raising prices on imaginary sales.
What a time to be alive.
Facts. I’ve been waiting on Lucid and Rivian to tank even more. I’ll consider each of they drop in half or more from this point.
To me, both companies are trying to be bought the fuck out. If Amazon and Ford would have kept their financial interest I would have been interested, but all the money guys took their money. What’s left?
Im sitting here and wondering when should I jump into LUKOY. It looks like $7.5 is the bottom for this week.
I love your style.
March 2, 2022 02:48 PM ET (BZ Newswire) -- Government
President Joe Biden hosted his first State of the Union Address Tuesday in front of members of Congress. In the speech, Biden discussed several items that he has already helped pass along with more future initiatives.
Here is a look at stocks to watch after the State of the Union address.
Pharmaceutical Companies: In 2016, then- Vice President Biden launched the Cancer Moonshot program the help boost spending on medical research to take on various types of cancer.
In 2022, Biden announced plans to boost spending and reduce the death rate from cancer by 50% over the next 25 years.
The Partnership for Accelerating Cancer Therapies includes 11 companies working to boost treatments for various types of cancers. The companies are AbbVie Inc (NYSE:ABBV), Amgen Inc (NASDAQ:AMGN), Boehringer-Ingelheim Pharma, Bristol-Myers Squibb Co (NYSE:BMY), Celgene (owned by Bristol-Myers Squibb), Genetech (owned by Roche), Gilead Sciences (NASDAQ:GILD), GlaxoSmithKline (NYSE:GSK), Janssen Research (owned by Johnson & Johnson (NYSE: JNJ)), Novartis (NYSE:NVS), Sanofi SA (NASDAQ:SNY) and Pfizer Inc (NYSE
FE).
Biden announced his Unity Agenda, which included ending cancer as we know it as one of four bipartisan issues that can be passed.
Social Media: Biden took aim at social media platforms and the data collected from children.
“It’s time to strengthen privacy protections, ban targeted advertising to children, and demand tech companies stop collecting personal data on our children.”
The comment could be aimed at companies like Meta Platforms (NASDAQ:FB) and Twitter Inc (NYSE:TWTR). A push to change data collection and advertising could hurt advertising revenue down the road for the companies.
Gun Stocks: Biden used the State of the Union address to address gun control. Biden called on Congress to pass universal background checks, ban assault weapons and repeal a law that protects gun manufacturers from being sued.
The comments could be good and bad for gun stocks as any hint of banning weapons could lead to increased sales, while the potential right to sue gun manufacturers could also increase the need for more insurance paid by gun companies and the potential to pay out millions in lawsuit settlements.
Gun stocks include Smith & Wesson Brands (NASDAQ:SWBI), Vista Outdoor (NYSE:VSTO) and Sturm, Ruger & Co (NYSE:RGR). Increased gun sales could also boost retailers that sell them, such as American Outdoor Brands (NASDAQ:AOUT).
Related Link: 5 Things You Might Not Know About Joe Biden
Body Cameras: Biden praised the Justice Department for requiring police body cameras. Body camera companies include Axon Enterprise Inc (NASDAQ:AXON) and Motorola Solutions Inc (NYSE:MSI).
COVID-19 Tests: Following up on a plan to provide free at-home COVID-19 tests, Biden shared plans for Americans to once again receive free tests from the U.S. government.
Companies that make COVID-19 tests include Abbott Laboratories (NYSE:ABT), Quidel Corp (NASDAQ:QDEL) and Orasure Technologies (NASDAQ:OSUR).
Pharmacies: Along with at-home COVID-19 tests, Biden announced the launch of “test to treat,” an initiative that will allow Americans to get tested at a pharmacy. If they test positive they will receive antiviral pills “on the spot at no costs.”
This initiative could provide a traffic and sales boost to pharmacy companies that include CVS Health Corp (NYSE:CVS), Walgreens Boots Alliance (NASDAQ:WBA) and Rite Aid Corp (NYSE:RAD).
Pfizer’s Paxlovid, an antiviral oral treatment for COVID-19, was also singled out during the speech.
Insulin Costs: Biden said he wants to cap the cost of insulin at $35 a month, making it more affordable for consumers. The leading insulin providers are Novo Nordisk (NYSE:NVO), Sanofi and Eli Lilly (NYSE:LLY).
Electric Vehicles: Biden used a portion of the State of the Union to discuss his plan to combat climate change, which includes lowering the price of electric vehicles.
Biden shouted out automotive companies Ford Motor Co (NYSE:F) and General Motors Corp (NYSE:GM) during his speech.
“Ford is investing $11 billion to build electric vehicles — creating 11,000 jobs across the country. General Motors is making the largest investment in its history, $7 billion to build electric vehicles, creating 4,000 jobs in Michigan,” Biden said.
The exclusion of Tesla Inc (NASDAQ:TSLA) from the speech prompted a response from CEO Elon Musk, as Tesla remains the leading producer of electric vehicles in the U.S.
Infrastructure: The Bipartisan Infrastructure Law is on the path to fix over 65,000 miles of highway and help “rebuild America.” Biden highlighted the recent announcement that 1,500 bridges will be repaired across the U.S. this year.
Companies that could benefit from increased infrastructure spending include Caterpillar Inc (NYSE:CAT), Deere & Co (NYSE
E), Vulcan Materials Co (NYSE:VMC), United States Steel (NYSE:X), Nucor Corp (NYSE:NUE) and Jacobs Engineering Group Inc (NYSE:J).
Intel Shoutout: Semiconductor company Intel Corp (NASDAQ:INTC) got a shout out from Biden during the State of the Union speech. Intel is building two factories in Ohio, as part of the largest economic development in Ohio history. Intel CEO Pat Gelsinger was in attendance at the State of Union.
Biden praised the plan as a way to help America from supply disruptions from other countries. The president called on Congress to provide billions of dollars in support for domestic semiconductor production for companies like Intel.
Mental Health: Another pillar of the “Unity Agenda” was to better mental health care. One pure-play company in the mental health space is Talkspace Inc (NASDAQ:TALK), which provides virtual offerings with licensed mental health providers.
President Joe Biden hosted his first State of the Union Address Tuesday in front of members of Congress. In the speech, Biden discussed several items that he has already helped pass along with more future initiatives.
Here is a look at stocks to watch after the State of the Union address.
Pharmaceutical Companies: In 2016, then- Vice President Biden launched the Cancer Moonshot program the help boost spending on medical research to take on various types of cancer.
In 2022, Biden announced plans to boost spending and reduce the death rate from cancer by 50% over the next 25 years.
The Partnership for Accelerating Cancer Therapies includes 11 companies working to boost treatments for various types of cancers. The companies are AbbVie Inc (NYSE:ABBV), Amgen Inc (NASDAQ:AMGN), Boehringer-Ingelheim Pharma, Bristol-Myers Squibb Co (NYSE:BMY), Celgene (owned by Bristol-Myers Squibb), Genetech (owned by Roche), Gilead Sciences (NASDAQ:GILD), GlaxoSmithKline (NYSE:GSK), Janssen Research (owned by Johnson & Johnson (NYSE: JNJ)), Novartis (NYSE:NVS), Sanofi SA (NASDAQ:SNY) and Pfizer Inc (NYSE
FE).Biden announced his Unity Agenda, which included ending cancer as we know it as one of four bipartisan issues that can be passed.
Social Media: Biden took aim at social media platforms and the data collected from children.
“It’s time to strengthen privacy protections, ban targeted advertising to children, and demand tech companies stop collecting personal data on our children.”
The comment could be aimed at companies like Meta Platforms (NASDAQ:FB) and Twitter Inc (NYSE:TWTR). A push to change data collection and advertising could hurt advertising revenue down the road for the companies.
Gun Stocks: Biden used the State of the Union address to address gun control. Biden called on Congress to pass universal background checks, ban assault weapons and repeal a law that protects gun manufacturers from being sued.
The comments could be good and bad for gun stocks as any hint of banning weapons could lead to increased sales, while the potential right to sue gun manufacturers could also increase the need for more insurance paid by gun companies and the potential to pay out millions in lawsuit settlements.
Gun stocks include Smith & Wesson Brands (NASDAQ:SWBI), Vista Outdoor (NYSE:VSTO) and Sturm, Ruger & Co (NYSE:RGR). Increased gun sales could also boost retailers that sell them, such as American Outdoor Brands (NASDAQ:AOUT).
Related Link: 5 Things You Might Not Know About Joe Biden
Body Cameras: Biden praised the Justice Department for requiring police body cameras. Body camera companies include Axon Enterprise Inc (NASDAQ:AXON) and Motorola Solutions Inc (NYSE:MSI).
COVID-19 Tests: Following up on a plan to provide free at-home COVID-19 tests, Biden shared plans for Americans to once again receive free tests from the U.S. government.
Companies that make COVID-19 tests include Abbott Laboratories (NYSE:ABT), Quidel Corp (NASDAQ:QDEL) and Orasure Technologies (NASDAQ:OSUR).
Pharmacies: Along with at-home COVID-19 tests, Biden announced the launch of “test to treat,” an initiative that will allow Americans to get tested at a pharmacy. If they test positive they will receive antiviral pills “on the spot at no costs.”
This initiative could provide a traffic and sales boost to pharmacy companies that include CVS Health Corp (NYSE:CVS), Walgreens Boots Alliance (NASDAQ:WBA) and Rite Aid Corp (NYSE:RAD).
Pfizer’s Paxlovid, an antiviral oral treatment for COVID-19, was also singled out during the speech.
Insulin Costs: Biden said he wants to cap the cost of insulin at $35 a month, making it more affordable for consumers. The leading insulin providers are Novo Nordisk (NYSE:NVO), Sanofi and Eli Lilly (NYSE:LLY).
Electric Vehicles: Biden used a portion of the State of the Union to discuss his plan to combat climate change, which includes lowering the price of electric vehicles.
Biden shouted out automotive companies Ford Motor Co (NYSE:F) and General Motors Corp (NYSE:GM) during his speech.
“Ford is investing $11 billion to build electric vehicles — creating 11,000 jobs across the country. General Motors is making the largest investment in its history, $7 billion to build electric vehicles, creating 4,000 jobs in Michigan,” Biden said.
The exclusion of Tesla Inc (NASDAQ:TSLA) from the speech prompted a response from CEO Elon Musk, as Tesla remains the leading producer of electric vehicles in the U.S.
Infrastructure: The Bipartisan Infrastructure Law is on the path to fix over 65,000 miles of highway and help “rebuild America.” Biden highlighted the recent announcement that 1,500 bridges will be repaired across the U.S. this year.
Companies that could benefit from increased infrastructure spending include Caterpillar Inc (NYSE:CAT), Deere & Co (NYSE
E), Vulcan Materials Co (NYSE:VMC), United States Steel (NYSE:X), Nucor Corp (NYSE:NUE) and Jacobs Engineering Group Inc (NYSE:J).Intel Shoutout: Semiconductor company Intel Corp (NASDAQ:INTC) got a shout out from Biden during the State of the Union speech. Intel is building two factories in Ohio, as part of the largest economic development in Ohio history. Intel CEO Pat Gelsinger was in attendance at the State of Union.
Biden praised the plan as a way to help America from supply disruptions from other countries. The president called on Congress to provide billions of dollars in support for domestic semiconductor production for companies like Intel.
Mental Health: Another pillar of the “Unity Agenda” was to better mental health care. One pure-play company in the mental health space is Talkspace Inc (NASDAQ:TALK), which provides virtual offerings with licensed mental health providers.
- ChargePoint Holdings press release (NYSE:CHPT): Q4 GAAP EPS of -$0.23 misses by $0.05.
- Revenue of $80.7M (+90.3% Y/Y) beats by $4.57M.
- Shares +2.1%.
- FY Guidance: Revenue of $450 million to $500 million (vs. consensus $237.85M). At the midpoint, this represents an anticipated increase of 96% as compared to the prior year; Non-GAAP gross margin of 22% to 26%; Non-GAAP operating expenses of $350 million to $370 million. At the midpoint, this represents an anticipated increase of 50% as compared to the prior year
- Over 174,000 ports were activated as of Jan. 31, with approximately 51,000 in Europe.
yep that was one of mine that triggered... i had already took profit a few months ago.. now I'm out completelyMorgan Stanley lowered LCID price target to $12.
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4 for me.
Set an alert for 52 week low.Morgan Stanley lowered LCID price target to $12.
i wish i knew puts better....i bet there is a play thereMorgan Stanley lowered LCID price target to $12.
Morgan Stanley lowered LCID price target to $12.
Thats a good starting point... get a lot of consolidation there and then move on up..u should be good
A drop that low would take some really bad news IMO for LCID to drop that low.
Damn. I took some profit pre-merger, but this is damn near the NAV of CCIV. I don't currently have a position but I was planing to get back in because this was going to be a long term hold for me. I need to see the reasoning before I get back in.Morgan Stanley lowered LCID price target to $12.
They weren’t meeting orders, cost of materials spiked, and they raised the price of the damn thing by 17k-20k for preordered vehicles and people lost their shit. They have 77k orders with a minimum $1000 deposit so they billion dollars validation doesn’t add up. They’ll barely produce 12k trucks by their 3rd quarter projected release dates. Stock will be half well before summer.
I am trading AMD. Oil stocks have been very choppy. Easy to lose money in with them now IMO.
i wish i didn't buy it in the first placeWill RIVN close under $50 today? I wish I didnt sell my put a month ago.
..........
Wait for Ford keep dropping so I can snatch up a share or two.
I feel like Thanos with the Time Stone on a day like today.
Ford is on my list. I own it and will add likely before the days end.
bought JetBlue because it’s the best discount airline, plus they have direct flights to Canada and Mexico and much of the Caribbean.
i bought 100 shares of Tilray at 5.30
I’m gonna add to my AAL shares and my Carnival shares.
Do yourself a solid and just buy the ETF?
Which ETF?
I hate spell check. Buy JETS.
Airline stocks are about to turn around this quarter. UAL is going to pop in a couple weeks.
...also check out some of the option contract prices if you're into 'em. I bought a few JETS leaps (2023 calls) a month or so ago when prices were reasonable. Hell Im down rn so prices should be even better at this point.
Betting on a/the turnaround if/when travel gets back to a new normal.
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