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- Reddit IPO, analyzing LULU stock
Reddit IPO, analyzing LULU stock
Apple and Google team up & Feds pause rates
Bilaal Dhalech
March 22, 2024
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⏰ Read time 5 mins
You get the life you deserve. If you want more? DO MORE ! AND BECOME MORE. - BD
Whats Moving the markets
🚀 S&P 500 Reaches New Highs Amidst a Rate Pause & Reddit IPO
Wall st Bets the most popular forum on Reddit
The S&P 500 closed green this week with SPY doing +1.38% best week since December with Google and Nvdia leading the charge.
The Canadian market TSX reached new highs (finally) doing +0.39% this week. The gains were led by CN, BNS & BMO. Good to finally see some strength. 🇨🇦
S&p500 Performance
Canadian TSX performance
🚀 Social media posts you might've missed
🔎 Trending & hidden gems
🚀Apple in talks to let Google's Gemini power iPhone AI features
Apple and Google partnership is legendary. I own both stocks
🇺🇸 Reddit goes public $RDDT closing 48% on first trading day
Reddit CEO at the NYSE, personally i’m not buying this one
🇺🇸 Feds hold interest rates, signals 3 cuts this year
Market predicting a rate cut in June
🚨 Whats happening next week
🚨Insider sales
Sells by executives isn’t always a red flag, people can sell for many reasons. But people only buy for one reason. 👀 I share more insider sales in my discord. Bdinvesting.org
Smart money is buying PayPal for the first time in 3 years
Headlines you need to know 📰
💀 DOJ sues Apple in Antitrust Lawsuit Over iPhone Feature Restrictions
Just some BS news , I wouldn’t lose sleep over it longterm investors
💰 Swiss National Bank kicked off rate cuts on Thursday,
🚨 Magnificent 7 performance YTD
TSLA, AAPL & GOOGL lagging with TSLA doing the worst. I think TSLA will bounce back soon
💪 Planet Fitness stock $PLNT dumps after transgender policy outrage
Go Woke go broke
₿ Crypto Corner
Bitcoin at Extreme greed levels, be cautious
$MSTR MicroStrategy has bought another 9,245 worth of #bitcoin
This totals to around $623 million
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
PMorgan says #Bitcoin is overbought.
Japan's $1.4 Trillion Government Pension Investment fund, is looking into buying #Bitcoin
Oh Canada 🇨🇦
Canada plans to cut temporary residents by 20% over three years
It takes 39 years for an average person in Toronto, Canada to afford a down payment for a home in the area, per Zoocasa.
Home sales in February up nearly 20% compared with year ago
🇨🇦 Canadas stockmarket hits new highs
🏡 Canada announces two-year cap on international student admissions
The cap means a 35% reduction in new study visas this year but some provinces like Ontario will see a 50% reduction or more
Stock I bought 📊
Lululemon Athletica Inc has grown revenue at 23.01% over the past year, which is strong growth. Also, it has seen its diluted average shares outstanding decrease by -0.81% over the past year, which suggests
the company is buying back shares. It has a stockunlock score of 4.25/5.
The gross profit margins exceed its competitors like Nike, Underarmour & Adidas. What’s amazing is its gross profit matches up to a monster company like Google !
Lulu’s revenue growth , gross margins and net margins are what makes this stock so attractive ! It continues to show strong growth and consistent net income. LULU had a revenue of 9.6B in 2023 with a gross margin of 58% and net income of 16.1%.
Meme Spot 🤣
