Today's Market September 2021

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I guess you are saying they can maximize profits/ minimize losses.

They can maximize market share by carefully monitoring demand/supply in order to maximize profit / minimize losses. :laughing:

But yes, maximize profits/ minimize losses. :slight_smile:

JC said buy ABNB DASH UBER

China: The PBoC injected more liquidity into the financial system.

Triple bottom and a descending wedge. What does it mean @hanera?

You have no patience to wait for the jump? Cathie said rotation to (pre-revenue + no earning) high growth stocks soon.

$U spiking in after hours. I am in this one big.

Cramer said today most interesting company right now: https://www.cnbc.com/video/2021/09/22/unity-software-ceo-explains-how-the-companys-software-enables-3d-in-industries-beyond-video-games.html

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September is usually the weakest month. Good news is it’s almost over.

:crossed_fingers:

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The Unity CEO actually missed a few other applications. Read an article saying unity is used a lot in films now. Instead of green screens, people now put up giant monitors that render the scenes in real time with Unity taking care of the simulation. This way actors can see the environments the are acting against in real time. Another application I saw is using Unity to generate data to train AI. Say instead of having a self driving cars going on real roads, AI can be trained on simulated road scenes coming from Unity.

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CEO U doesn’t look that great. Is it an accident that U is in the right place right time? He needs to quickly get a visionary and monetization guy.

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I think I’m with @hanera that this is a buy and hold. It’d be difficult for a competitor to build a cross-platform engine with this set of capabilities.

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One day I see green, one day I see red, today I see red.

indecision in market?

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Tapering possibly from Nov till mid 2022 then rate increase is headwind for growth but good for cyclicals like financials and energy (I don’t have any).

Huge RePo means institutions have lots of liquidity should be tailwind for growth.

Mr Market is confused hence indecision.

So can you figure out how Mr Market would resolve the indecision?

I sold all my FNGU, UPRO, etc. I don’t trust Mondays and the charts scare me. It’s in no man’s land imo with much more downside risk. I’ll buy on the way up if market decides to rally which is still very likely but I think it needs to cross a certain threshold for people to fomo back in.

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A few greens in my portfolio: U RBLX UBER FB :slight_smile:

Notice FANGMANT is propping the index. Both QQQ and SPY are green now. Seem like selling the growth and buying defensive like FANGMANT. In a rising rate environment, growth is :-1: FANGMANT is :+1: in addition to cyclicals like financials and energy.

Btw, quickly re-fi before mortgage catches up. Careful not to overpay for any new RE purchases.
Disclosure: One cash re-fi in progress. Grab the cash now, think about what to do later. May be can buy distressed sale from @manch.

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What is a good refi rate currently?

Will prime RE (like RBA SFH) with limited supply melt up in the next 6-9 months as people desperately try to get in before mortgage rates rise?

New cash re-fi rate is 2.75% 30-year fixed. Original one is 3.25% 15-year fixed.

In the past is what have happened :slight_smile: