Month: December 2024

India Economy Growth Declined for Three Consequent Quarter, Reaching 5.4% in Jul-Sep Quarter, Lowest Rate in Last Seven Quarters

India economy growth declined for three consequent quarter, reaching 5.4% in Jul-Sep quarter, the lowest rate in last seven quarters since 2023. While services and construction sectors experienced high growth of 7.1% and 7.7%, respectively in one year ended Jul-Sep 2024 quarter, manufacturing, mining, and utilities sectors experienced low growth rate of 2.2%, -0.1%, and 3.3%. https://preview.redd.it/4h7dx58x5z8e1.png?width=900&format=png&auto=webp&s=088588d23609d29b353a949bcd427eb10246203f submitted by /u/Pllover12 [link] [comments]

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Risk appetite is skyrocketing.

There are now a record 48 million options contracts traded per day, on average. This volume has tripled over the last 7 years and has surpassed the 2023 record of 44 million. Furthermore, 0DTE options now reflect ~50% of the total volume. Meanwhile, a record $6.6 trillion worth of equity options expired on Friday, confirming rapidly growing volume. Risk appetite is incredibly strong. https://preview.redd.it/eywb6yaaqz8e1.png?width=848&format=png&auto=webp&s=a75c16a827380101d09e698ead917567f0a3a99f submitted by /u/Pllover12 [link] [comments]

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You don’t have to believe in Father Christmas to know that the Santa Claus rally is real.

Brian Swint, The Barron’s Daily – Gains in this period can be seen as more than a nice year-end bonus. It also sets up the market for the rest of the following year. First observed in the 1970s by Yale Hirsch in his seminal Stock Trader’s Almanac, the Santa Claus rally is usually defined as what happens to the S&P 500 in the last five trading days of December and the first two of January. This year, that means the period from now until Friday, Jan. 3. Just look at the data, which are compelling. Since 1950, the market has risen approximately 80% of the time in the seven-day window. And even though the S&P has already gained more than 25% this year, there’s no reason to think it can’t edge up a little higher now. There are plenty of theories for why this happens. Maybe it’s just good cheer. Maybe it has to do with thin volumes and the fact that institutional investors are taking time off, leaving the trading to retail investors who are more likely to buy than sell. It’s impossible to rule out that there might be a little holiday magic involved, too. Another possibility is the stock market, when left alone, tends to go up. There are very few scheduled events over the next few weeks–weekly jobless figures on both Thursdays and Case-Shiller house prices on New Year’s Eve are the highlights. The Santa rally could just be a reminder of why the stock market isn’t like a casino–when you invest, you’re more likely to win than to lose. There are, of course, still risks. Surprises always have the potential to steal Christmas gains, and an unguarded post from President-elect Donald Trump, or signs of retail gloom in the shopping malls would be all it takes. But as the market settles down for a “long winter’s nap,” investors should have visions of sugar plums dancing in their heads, at least until everyone returns to their desks. submitted by /u/FXgram_ [link] [comments]

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Nike is down 28% to under $77/share this year and even after a great earnings report still trades at a depressed multiple.The stock trades for just 21x earnings now while historically trading at around 35x earnings. Be greedy when others are fearful with Nike? 🤔

Nike is down 28% to under $77/share this year and even after a great earnings report still trades at a depressed multiple.The stock trades for just 21x earnings now while historically trading at around 35x earnings. Be greedy when others are fearful with Nike? 🤔 submitted by /u/glira31 [link] [comments]

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Michael Saylor is going all-in – Great breakdown by TKL. Merry Christmas!

Michael Saylor is going all-in: MicroStrategy (MSTR) just said that they want to raise authorized share count by 10 BILLION. They currently have 330 million shares outstanding, meaning this could increase share count by 3,000%. What does this mean? Let us explain. Here’s the filing MicroStrategy just made with the SEC. Total share could would rise from 330 million to 10.33 BILLION if it is approved. Many are calling this dilutive while others are saying this is the start of a major run for MSTR. https://preview.redd.it/l1m6zmaast8e1.png?width=836&format=png&auto=webp&s=6f83ab200705b20691a1cf0a6da2df4fbe2f72de First, MicroStrategy’s 21/21 plan that was announced in October 2024 is a crucial part of why they are doing this. The plan was to raise $42 billion by 2027 to finance more Bitcoin purchases. It has since achieved that goal, now holding 444,262 BTC worth ~$41.8 billion. https://preview.redd.it/26bhzvsest8e1.png?width=805&format=png&auto=webp&s=a73f9cc9fe759abef409e048f0802c3d257c978c he bullish argument is that this proposal allows MicroStrategy the ability to issue more shares in the future. This proposal will allow 10 billion shares to be issued, but this does NOT mean 10 billion shares are coming at once. They can uses these issuances to buy Bitcoin. Currently, MicroStrategy is capped at 330 million shares of common stock with 225 million outstanding. A 10-1 stock split (non-dilutive) would bring share count to 3.3 billion. This proposal gives MSTR flexibility to do future ATMs, convertible note offerings and stock-splits. https://preview.redd.it/586y9nznst8e1.png?width=526&format=png&auto=webp&s=5a9d7804302ead881e067521e263a669a2c86b2c Why do they need the ability to do this? Because it’s their entire “business model:” Borrow money through 0% convertible notes Buy Bitcoin and drive price higher Sell new shares at premium and buy more bitcoin Repeat Bears will say this is unsustainable. The bearish argument is that issuing more shares will objectively be dilutive to shareholders. In an already levered Bitcoin play, MicroStrategy is adding dilution and the ability for raise much more debt. Bears say the company itself it built on unsustainable debt. https://preview.redd.it/ylyt128vst8e1.png?width=546&format=png&auto=webp&s=2599b4362ba09c3e37a07506013116aec8c860cf After all, the company has negative net income, losing -$340 million during Q3 2024. They also posted negative cash flows from operating activities and the business itself is declining. Bears argue that in the wake of a Bitcoin downturn, MSTR cannot service this debt. https://preview.redd.it/d578a08zst8e1.png?width=509&format=png&auto=webp&s=abc2f36f12035421aea0af568d2ff55da2bb15f0 However, bulls will say that the recent run in MicroStrategy’s stock has NOTHING to do with its underlying business. The underlying business has effectively been in a linear decline for a decade now. MSTR is no longer a business, it is a levered proxy for Bitcoin. https://preview.redd.it/7joxec15tt8e1.png?width=800&format=png&auto=webp&s=8620bc304b077fe845ec66057a902e13ddf68a9b It is worth noting that many large companies have north of 10 billion shares outstanding. Apple has ~15.2 billion shares outstanding. Microsoft and Amazon currently have ~7.5 billion and ~10.5 billion shares outstanding. But, these are fundamentally different companies. https://preview.redd.it/9phwkse8tt8e1.png?width=900&format=png&auto=webp&s=4812bf966ef7d3ee38592a57f22149a6f9ac89f0 For MSTR to continue buying Bitcoin, this proposal would need to pass. Their 330M Class A shares will be tapped out after they finish the current ATM and max out the $21B in convertible bonds. Of course, MicroStrategy’s entire strategy revolves around these issuances. https://preview.redd.it/0tfamlpctt8e1.png?width=580&format=png&auto=webp&s=765478f0c5c8f6002c5a2a3010e4315ab1437144 Now for the million dollar question: will this proposal pass? The answer is that it will VERY LIKELY pass. Why? Because Michael Saylor himself currently holds 46.8% of the voting power. If just ~4% of remaining shareholders approve, then it will pass which is highly likely. https://preview.redd.it/l9pps87gtt8e1.png?width=900&format=png&auto=webp&s=5e47e6c03146bf65214fb9608cdc3856688b8872 In summary, bulls will call this the next big thing for MSTR while bears will call this 97% share dilution. If MSTR wants to continue raising capital, they will need this to pass. Which camp are you in? https://preview.redd.it/h2npg54ktt8e1.png?width=900&format=png&auto=webp&s=f4f599faa5c747ed88a4ab8ff55bde2b7d1690b3 submitted by /u/XGramatik [link] [comments]

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Mexico’s Growing Trade Dependence on the U.S. vs. Minimal U.S. Reliance on Mexico

Mexico’s trade with the U.S. as a share of its GDP grew significantly, from 15.4% in 1993 to 28.5% in 1995, following the establishment of NAFTA in 1994. This ratio continued to rise, reaching 31.6% in 2008 and peaking at 53.0% in 2022. In stark contrast, U.S. trade with Mexico as a share of its GDP increased modestly, from 1.2% in 1993 to 1.4% in 1995, around 2.2% from 2001 to 2005, and approximately 3% between 2011 and 2023. This stark asymmetry underscores Mexico’s heightened economic vulnerability to shifts in U.S. trade policies. https://preview.redd.it/fw3rilgi2t8e1.png?width=900&format=png&auto=webp&s=eb365857fcfaf1295a34fac7479fdfdc5f7ffd38 submitted by /u/Pllover12 [link] [comments]

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Pokémon Cards: the Yakuza’s new favorite asset laundering millions

https://preview.redd.it/spujgk39us8e1.png?width=810&format=png&auto=webp&s=cd1c71b6a65f15f4473cd337432bd33f7180670b Japan’s criminal syndicates have found a wildly creative way to clean dirty money – collectible Pokémon cards. Why Pokémon? Compact 👜 Fly under the radar at customs ✈️ Worth astronomical amounts 💰 Case in point: A rare card recently sold in the U.S. for $5.27 million. The Scheme: The mafia buys rare cards with dirty cash. Smuggles them abroad. Flips them to collectors for clean money. Some cards are so valuable that criminals X-ray sealed packs to find the rarest gems. What seems like child’s play is now an asset of the new era, where a Pikachu card outshines a suitcase of cash. Who knew that Charmander, Bulbasaur, and Slowpoke would end up working for the Yakuza? Source: https://automaton-media.com/en/nongaming-news/pokemon-cards-are-so-valuable-that-criminals-are-using-them-to-launder-dirty-money-japanese-media-reports/ submitted by /u/FXgram_ [link] [comments]

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