- Stocks and Income by Alts
- Posts
- TDOC dumps, FB soars
Swaggy’s Top Stonks. We compile and analyze data from multiple sources bringing you the top trending tickers from around the internet. If you haven’t subscribed already, please do so below.
Swaggy's Top Stonks
Together with... LEX
Welcome newcomers to Swaggy's Top Stonks and thank you for subscribing.
If this email was sent to your spam folder, please do Swaggy a solid and move it to your inbox. It helps more than you know!
Today we'll discuss a tale of two stories between TDOC and FB. Long story short one went up and one went down. Let's go.
Today's Letter
Market Update
Trending Cryptos
Top Meme Stocks
Market Update
Me: Just how bad is it, doc?
Doc: It's pretty FKn bad...
That was a live conversation between TDOC shareholders and Cathie Woods of the ARK ETFs. I typically agree with most, if not all of Cathie Wood's stock picks. Her extremely talented stock-picking excelled in 2020 and early 2021, but has since fallen off a cliff (almost literally).
Unfortunately, this time it was with Teladoc (TDOC) that reported quite a brutal earnings report showing signs of growth coming to a standstill. This was not good for Cathie's ARK ETFs where TDOC was the #2 holding across all her funds, almost par with Tesla. Here's a quick glance at the top 10 holdings list.
TDOC is down a cool 40% in today's post-earnings trading action. It seems this was just another covid/stay-at-home play that ended up biting the dust. A look at the TDOC chart shows the stock is down an incredible 82% in the last 12 months.
On the other hand, Facebook reported somewhat average earnings causing the share price to 'moon' over 20% today. Shareholders were finally rewarded after holding this stock through lower lows being made each week. This is kind of like celebrating going from last place to second last, but I'll take it!
It is speculated that Cramer may have the reverse Midas touch where anything he likes does the opposite. This is funny because it's sometimes true and there are various Twitter accounts tracking all of it.
What's happening in the markets?
For starters, my long-term portfolio is down for the 69th day in a row (nice). The market is still trying to process all the information, including, but not limited to inflation, rising rates, wars with Russia or WW3, money printer go brrr, Elon buying Twitter, etc, etc...
Not an easy time to have your money invested, and also not an easy time if your money is not invested as your purchasing power seems to erode almost on the daily. One factor playing a huge role in all of this is the continued struggle with supply chain issues, which have been going on for over a year. Here's an interesting post I found on Twitter analyzing the lead times of products leaving China and how long it takes them to arrive to the United States. Wait times are currently over 110 days, which is more than double the time from pre-pandemic levels and 2019.
The chart shows a steady rise in ocean freight shipping times. This is definitely one of the major culprits in today's rising costs of consumer goods.
Before we get into the rest of the letter, a message from today's sponsor, LEX.
INFLATION AND INTEREST RATES AND COVID AND WORLD WAR 3!
There are a million headlines making the stock market unpredictable, and you need somewhere to diversify your money.
Commercial real estate is your answer. That’s why we're excited about LEX.
Truth is, the best deals in real estate are hard to find, unless you traded $GME and DOGE all the way to accreditation (you’re my hero) and now you have access. Even then, you’ve got scarce deals, crowdfunding, or REITs to pick from…until LEX.
LEX IPOs buildings so you can get in the game.
By taking buildings public, LEX has created a way for you to invest in marquee commercial real estate. Build a portfolio by picking the buildings you want to invest in. Each building gets a ticker and trades like your other stocks.
The best part?
As a shareholder, you get paid dividends flowing from the rent paid by the tenants. You also earn tax advantaged passive income and trade without lockups.
Check out LEX’s live assets in New York City and upcoming IPO in Seattle.
Trending Cryptos
BTC, ETH, and DOGE are the top dogs (pun intended) in social metrics for cryptocurrencies. Elon's Twitter acquisition has the DOGE community pumped to say the least.
GRIT is going big or going home on the 20% of our “high-risk” portfolio where we know these investments could go to zero…or 10x! Subscribe to our new CRYPTO NEWSLETTER to follow us along this journey and see what we’re buying, why we’re buying it, what we’re paying, and what else is on our radar!
Top Meme Stocks
WSB stocks are mainly revolving around past earnings, upcoming earnings, and today's large movers (also GDP numbers).
Disclaimer: All material presented in this newsletter is not to be regarded as investment advice, but for general informational purposes only. You are solely responsible for making your own investment decisions. Owners of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission or with any securities regulatory authority. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest with or without seeking advice from such an advisor or entity, then any consequences resulting from your investments are your sole responsibility. Reading and using this newsletter or using our content on the web/server, you are indicating your consent and agreement to our disclaimer.