Boiler Room: The Official Stock Market Discussion

[Serious]

 

[BlaxOps]

TOP STOCKS TO WATCH FOR THE WEEK OF August 15, 2022 | Semiconductor Buzz

This video covers earnings this week, #QQQ, #IWM, #Walmart, #Costco, #Target, #Semiconductors, #Synopsys, #Applied Materials, and #Nvidia.

 

[Mirin4rmfar]

moved some cash over to see if I can get in on this bed bath and beyond squeeze if it happens. lol dont want to miss out. Going to watch my account careful though.

 

[wire28]

I just want to see my shyt grow

 

[Serious]

Stock I've been accumulating over the past couple months heavy is NU...



Its the "Buffett" backed LATam Fintech company based out of Brasil.

Currently expanded to Colombia and Mexico. They're also working on opening up shop in Argentina in the near future.


As a product the best comparison is that they're a cross between (SOFI ,Robinhood(pre game stop fukkery), and Square/Block.

SOFI - in the sense they're a one stop shop for anything finance related, obtaining loans, building credit, invest in stocks or crypto

Robinhood - in the sense that they're a pioneer disrupting shyt in their space, forcing older institutions.

Square / Block - They goal is to go after the unbanked, which has locked out people and historically overcharged clients.

1 Million Crypto users after a month service:

Brazil’s Largest Digital Bank Nubank Reaches 1M Crypto Users After Just a Month

The company reached the milestone in July, 11 months ahead of schedule, and is also exploring asset tokenization.

www.coindesk.com

Largest Brokerage in Brazil:

Nubank emerges as the largest brokerage in Brazil - TyN Magazine

Latin American Digital bank Nubank has emerged as the largest brokerage in Brazil as it tops 5 million investors. According to a blog post, Nubank has the largest number of active investors on a digital brokerage in the country. Nubank facilitated the investing features with the acquisition of...

tynmagazine.com

Nearly 60 million customers:

Buffett-backed Nubank beats revenue estimates on strong client additions

Nubank on Monday posted a surge in revenue that beat expectations, as the Warren Buffett-backed digital bank benefited from a healthy loan book and strong client additions, sending its shares surging nearly 8% in extended trading.

www.reuters.com

NUbank in Mexico:

In a year and a half, Nu Mexico reached 2.1 million customers, equivalent to 2.2% of the country's total adult population. In Brazil, Nubank reached 53.9 million clients, equivalent to 30% of the adult population, after nine years.


Nubank became the largest issuer of new cards in Mexico in 18 months; such a position was only achieved in Brazil after five years, according to the CEO.

Competition in the financial sector is smaller in Mexico than in Brazil, Velez added. Almost 90% of Mexicans don't have access to credit cards, according to a survey by Comision Nacional Bancaria y de Valores.

Buffett-backed Nubank growing faster than expected in Mexico, CEO says

Nubank , Latin America's largest fintech, is growing faster than expected in Mexico, Chief Executive David Velez said in an interview.

www.reuters.com

Believed to be profitable by 2023:

Nu Holdings is bordering on breakeven, according to the 14 American Banks analysts. They expect the company to post a final loss in 2022, before turning a profit of US$116m in 2023.

When Will Nu Holdings Ltd. (NYSE:NU) Become Profitable?

With the business potentially at an important milestone, we thought we'd take a closer look at Nu Holdings Ltd.'s...

www.yahoo.com

Shares are largely held by institutions:

Spoiler

referenced from:

Nu Holdings Ltd 13F Hedge Fund and Asset Management Owners - WhaleWisdom.com

View 13F filing holders of Nu Holdings Ltd. 13F filings are submitted quarterly to the SEC by hedge funds and other investment managers

whalewisdom.com

Number of Complaints:

Spoiler

Charting:
One thing I noticed while charting is that there was heavy buying when it bottom. This stock almost not talked about at all. But institutions are buying super heavy. Even after it dropped by 50%

Spoiler

Forecast for stock:
A lot of analyst recommend this a strong buy, funny enough the only analyst who recommends to sell this stock, is an analyst for a rival bank in brasil

Spoiler

Nu Holdings Stock Forecast & Predictions: 1Y Price Target $12.17 | Buy or Sell NYSE: NU 2024 | WallStreetZen

www.wallstreetzen.com

More DD to come, getting tired....

With said, I'm hype on this stock at least doubling to 10+, if not more....

Good thing is, a lot of institutions with a lot more money, averaged in at much higher prices. They have lot of good catalyst to rise. Also a lot people aren't talking about this stock. There's hardly any youtube videos. And stocktwits is small.

Even when I'm checking popular stock channels their dead. This is a good sign imo.


Their earnings is this monday After hours.

 

[Rickdogg44]

Oh yeah



My new theory is that market holds up until mid terms are completed, but there's a few catalyst that could send the market into a joy or downward.

Actual War or terrorist attack might tank the markets.

Student loans being forgiven to some aspect could send it surging indefinitely.

If the markets like how the mid terms play out, it could end up surging. A

If inflation magically declines exponentially, then it will surge,

However from the metrics I've come across, I don't think inflation has peaked.

Americans are still spending like crazy.

Instead of people spending less, because they're incomes can't keep we're seeing credit usage rise again.

People are taking vacations like never before. I wouldn't be surprised if the airlines and hotels kill it in Q3.

Wells Fargo Study: Credit Card Rewards Used to Offset Inflation Worries - MyChesCo

A new Wells Fargo study has found that a large number of Americans are using their credit card rewards to help offset the costs of everyday purchases amid concerns about …

www.mychesco.com

I'm doing my part being staying hedged, keeping my spending "low", and delaying vacations until 2023.

Idk how people are content paying some of these prices out there. But then again, I make low 6 figures and everyone else is seems to be making 200k+ with stock options.

I'm expecting a drop. Everyone else making 200k with options? I need to step game up



This starting at 5:30 explains how over valued we are

 

[Leavingtheecstasy]

BBBY flying baby

 

[JetFueledThoughts]

I don’t know shyt, but my theory is since a lot of these companies (Home Depot, Lowes, TJX, Ross, Weber, Wal-Mart, Foot Locker etc.) are more prone to feeling the effects of supply chain issues / inflation, I think their guidance will be down and it’ll have a negative effect on the broader market, similar to how big tech’s positive earnings boosted the market.

But who the hell knows, would love to keep seeing positive movement.

 

[NZA]

revlon back at it

 

[Slim]

About to trim some of this QQQ exposure. Finally back to where it was 6 months ago

 

[Chrishaune]

Anybody buying gold and silver now?
I'm talking bars and coins or whatever.

I'm starting to.

 

[Starski]

Micheal MAGA burry (guy who “called” the GFC) sold everything last Q and bought one company ( a private prison)

 

[Leavingtheecstasy]

BBBY flying baby

 

[Leavingtheecstasy]

Micheal MAGA burry (guy who “called” the GFC) sold everything last Q and bought one company ( a private prison)

Makes sense. He's a big conservative and rallies for trump

 

[Regular_P]

fukk it, I bought another 120 shares of BBBY. Bought 89 when it was around 11.