Today is Monday, October 25, 2021.
10 Commandments of Investing You Should Know
Some of the greatest investors practice the same guiding principles, as San Eng and Oia Eng, the father-daughter duo behind the best-selling book “Ten Commandments of Investing,” reveal in the latest episode of the Early Bird Podcast.
Wizards: San and Oia researched the greatest investment wizards of all time. These wizards, who are all around the world, achieved financial freedom through sets of principles that they followed.
Know Thyself: Every investor shouldn’t just rely entirely on a financial advisor, San and Oia found, and it is important for each person to develop investing knowledge.
Diversifying: It is also important to diversify just enough, the researchers found, which really depends on each person’s unique needs.
Final Thoughts: San Eng also explains why he is heavily allocated to real estate and Elon Musk enterprises. Click here to listen to the latest episode of the Early Bird Podcast.
Notable Earnings Today: Facebook (Nasdaq: FB), Logitech (Nasdaq: LOGI), Otis Worldwide (NYSE: OTIS), Travelzoo (Nasdaq: TZOO), Lennox International (NYSE: LII), Calix (NYSE: CALX), Cadence (Nasdaq: CDNS).
Notable IPOs Today: DTRT Health Acquisition Corp. Class A Common Stock (Nasdaq: DTRT), Brooklyn ImmunoTherapeutics, Inc. Common Stock (Nasdaq: BTX), Palo Alto Networks, Inc. Common Stock (Nasdaq: PANW).
Notable Equity Crowdfunding Campaigns Ending Today: Wild Orchard Bakery (MainVest), Mama Gaia (StartEngine), The Tutelare Corporation (NetCapital), Pupster Bakery (MainVest).
Notable Economic Events Today: n/a.
Good Transportation Stocks Amid Supply Chain Troubles
In spite of today’s supply chain challenges, here are a few transportation stocks you might be able to count on.
What Can Brown Do For You: United Parcel Service (NYSE: UPS) has a strong same-day local delivery business that was recently bolstered by the company’s acquisition of tech platform Roadie. The stock is up 9% in the past month. And if physical stories are missing products due to supply chain issues, consumers could shop online more often, which helps UPS.
Locomotive: Union Pacific (NYSE: UNP) and its large railroad network could be a powerful stock to own now. The stock is up 16% in the past 30 days and Barclays upgraded the company from Equal-weight to Overweight a few weeks ago.
Going Euro: Euroseas (Nasdaq: ESEA) stands out among other international container shipping companies because it is European-based and the supply chain challenges are not as bad in Europe. The stock is 459% this year.
Final Thoughts: Experts say that supply chain problems will continue into next year. Hopefully, these 3 stocks thrive.
Shiba Inu Soars Due to Robinhood Rumors
Cryptocurrency Shiba Inu hit a new record high over the weekend as trading volume for the meme coin picked up.
Numbers: Shiba Inu’s price reached $0.000044, which is an increase of 39,000,000% in the past year.
Background: Shiba Inu is known as the Dogecoin killer and is now seen as the dominant meme coin in the market.
Catalyst: The price of Shiba Inu increased Sunday due largely to a tweet that suggested that Robinhood (Nasdaq: HOOD) might list the crypto on its platform soon. There is already a petition with over 300,000 signatures from people asking Robinhood to list the coin.
Bigger Picture: Most other cryptos have also seen their prices increase recently.
Final Thoughts: Shiba Inu is not the safest investment and carries a degree of risk.
Trends to Watch
Front Page: Bitcoin makes the Barron's cover, slides below $60K (Seeking Alpha)
Positive Thinking: Yellen says U.S. is not losing control of inflation (Reuters / Yahoo!)
Setback: Tesla pulls its new Full Self-Driving beta due to software 'issues' (Reuters)
Big Step Forward: What the first bitcoin futures exchange-traded fund means for the cryptocurrency industry (CNBC)
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