How Billion Dollar Funds Work

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How Billion Dollar Funds Work

Scott Bennett, the founder of InvestWithRules.com, shares a simple strategy to invest alongside multi-billion dollar fund managers in a new episode of the Early Bird Podcast.

Public: Using public SEC filings that institutional firms must disclose end of the quarter, Bennett said that he discovered a fascinating and ethical way to find out what stocks major fund managers are buying and selling.

Digging Deep: Bennett says that he tries to see the buying and selling patterns of billion-dollar funds, as well as market cap changes for stocks.

Go Big: We have to consider the impact of big money in the market, Bennett says.

Final Thoughts: Bennett shares some examples of stocks to buy in a new episode of the Early Bird podcast.

Notables

Notable Earnings Today: Lucid Group (Nasdsaq: LCID), Lordstown Motors (Nasdaq: RIDE), Zoom Video Communications (Nasdaq: ZM), Viatris (Nasdaq: VTRS), Novavax (Nasdsaq: NVAX), Daqo New Energy (NYSE: DQ), Blink Charging (Nasdaq: BLNK), Party City (NYSE: PRTY), Workday (Nasdaq: WDAY), Aurinia Pharmaceuticals (Nasdaq: AUPH), PubMatic (Nasdasq: PUBM), Butterfly (NYSE: BFLY), HP (NYSE: HPQ), Kosmos Energy (), 3D Systems (NYSE: DDD), SmileDirectClub (Nasdaq: SDC), Dentsply Sirona (Nasdaq: XRAY), Luminar Technologies (Nasdaq: LAZR), AAON (Nasdaq: AAON), ACADIA Pharmaceuticals (Nasdaq: ACAD), Ambarella (Nasdaq: AMBA), Broadmark Realty Capital (NYSE: BRMK), Civitas Resources (NYSE: CIVI), Clearway Energy (NYSE: CWEN), Danimer Scientific (NYSE: DNMR), Dynavax Technologies (Nasdaq: DVAX), Endo International (Nasdaq: ENDP), Freshpet (Nasdaq: FRPT), GoodRx Holdings (Nasdaq: GDRX), Groupon (Nasdaq: GRPN), Kyndryl Holdings (NYSE: KD), MBIA (NYSE: MBI), ONEOK (NYSE: OKE), PDC Energy (Nasdaq: PDCE), SBA Communications (Nasdaq: SBAC).

Notable IPOs Today: Screaming Eagle Acquisition Corp. Class A Ordinary Shares (Nasdaq: SCRM), Viscogliosi Brothers Acquisition Corp Common Stock (Nasdaq: VBOC), Cosmos Holdings Inc. Common Stock (Nasdaq: COSM).

Notable Equity Crowdfunding Campaigns Ending Today: Sizigi (Wefunder), Transparent Path (NetCapital), CertifiedTrue (StartEngine), Edyza (StartEngine), Protein Quick (NetCapital), LiveWell Assisted Living (TruCrowd), Argex Beverages (StartEngine), Aussie Soles Global (Wefunder), KMX Technologies (NetCapital), ViiT Health (Wefunder), Vocana (Wefunder).

Notable Economic Events Today: Goods Trade Balance (8:30 a.m. ET), Retail Inventories Ex Auto (8:30 a.m. ET), Chicago PMI (9:45 a.m. ET).

BP Exits Stake in Russian Oil Company

Oil and gas giant BP (NYSE: BP) announced Sunday that it was exiting its stake in the Russian oil company Rosneft (OTCMKTS: OJSCY) due to Russia’s invasion of Ukraine.

Details: BP gained a 19.75% stake in Rosneft in 2013. BP’s nominated directors are also leaving Rosneft’s board.

Background: Since last week, BP has been facing pressure from the U.K. government to offload its stake in the company due to Rosneft's link to the Kremlin, according to The Wall Street Journal.

Final Thoughts: Shares of BP are up 25% in the past 12 months.

Is Virgin Galactic Set for Liftoff in 2022?

After reporting good earnings last week, is Virgin Galactic (NYSE: SPCE) going up in 2022?

The Bullish Case: Investors ate up last week’s earnings. There wasn’t much revenue, but the fact that Virgin Galactic has a lot of cash on hand sure made the stock seem good.

The Bearish Case: There are a lot of risks involved in Virgin Galactic. The stock is down 75% in the past 12 months.

Final Thoughts: The immediate success or failure of Virgin Galactic depends on the company’s ability to launch its private service in the fourth quarter of 2022.

Trends to Watch

Drop: Russian rouble plunges 28% after US and allies impose tighter sanctions (Financial Times)

Volatility: Ukraine Crisis Upends Investing Playbook for 2022 (The Wall Street Journal)

Buying the Dip: Intel CEO, chairman buy shares as stock sits near 52-week low (Seeking Alpha)

Crowdfunding: Ukraine government raises over $10 million in cryptocurrency donations (CNBC)

Falling Short: Bitcoin fails to beat resistance as $40K stays out of reach into weekly close (Cointelegraph)

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