It's been a week since my request to XTB and eToro support to add shares to their platforms (see my recent post). It was a $RICK+3.3% stock and many of you were interested in the outcome.

Unfortunately, I'm not going to make you happy, but the title was not added on either platform.
eToro only acknowledged my request. Unfortunately, I don't know if I will be informed further, but I am not getting my hopes up, as the liquidity of the stock is the main consideration, which in… read more

Tyson Foods($TSN+2.9%) wants to sell its Chinese poultry business

US meat processing and frozen food company Tyson Foods plans to sell its Chinese poultry business. This was reported by Reuters.

$TSN+2.9% has four research and development centers, several processing plants and dozens of breeding farms in China. It has been operating in the country's entire poultry sector, from breeding and slaughtering to processing and distribution, since 2001.

In June, the company started… read more

I'd like to look into Threads. A platform that was supposed to compete with Twitter and was launched on July 31st of this year.

The unfavourable economic situation in the UK has potentially presented us with fine investment opportunities. Do you have any UK favourites?

Active ExxonMobil($XOM+0.2%) board member Jeffrey W. Ubben made 2 trades earlier this week, buying a total of 650,000 shares of $XOM+0.2% stock. That's an amount worth over $69 million. That's a lot of money, don't you think? 😉

Jeffrey W. Ubben is a respected portfolio manager and co-founder of ValueAct Capital, a hedge fund that has beaten the SP500 index over the long term.
I may yet rethink that $XOM+0.2%.

How much weight do you put on insider trading in your investing?

Some information from today's Bank of England meeting:
Interest rates are expected to rise 25 points from 5.00% to 5.25%.
Further increases are in play if price pressures persist. Some of the inflation risks could start to crystallise. The BOE also raised inflation expectations for 2024 from 2.25% to 2.5% and for 2025 from 1% to 1.5%.
Further, the BoE still expects the UK to avoid recession despite slowing growth.
Traders see a 68% chance of another 25 point rate hike at the next… read more

$SOFI+7.4% was up in pre-market thanks to another great quarter.
They posted a loss of 6 cents per share, which was 1 cent less than expected. Revenues also beat expectations.

What is key, however, is the increase in FY2023 guidance EBITDA to $333-$343 million from the previous $268-$288 million and a 44% year-over-year increase in users. Personal loans also grew in a big way (+51% yoy). Nice numbers.

I came across this nice chart yesterday that shows us that the energy sector is the cheapest sector relative to profitability. It also generates the largest amount of cashe. Healthcare doesn't look bad either.

I have a feeling that somehow the bag of investors in $STLA+1.6% has been ripped open (probably due to very satisfactory results). Beware, it's not Tesla, but Stellantis - the world's fourth largest automaker in 2022.
And if you haven't heard of this holding company, here are some brands you'll be familiar with.

$BTI+0.5% reported results today. There were no negative surprises, which is fine.
Key issues remain: declining US cigarette volume and weaker performance in heated tobacco. In addition, the environment is becoming more complex in the e-cigarette segment. This segment is key to NGP (new growth products) profitability targets in 2024. There is a continuing risk of a menthol cigarette ban in the US!

All these issues have long been known and probably factored into the price as… read more

You may have noticed that the $MMM+0.8% results were satisfactory, we saw more than the 5% jump I was hoping for. In the end, even I, originally a fan of 3M, sold my entire position. Litigation creates a lot of uncertainty and this was an opportunity for me to sell at a profit and accumulate more cash.
SP500 is slowly at 4600 points, so maybe that cash will come in handy. 😉

3M Company

MMM

$99.83 $0.76 +0.77%

Capital Structure

Market Cap

55.1B

Enterpr. Val.

66.2B

Valuation

P/E

-7.5

P/S

1.7

Dividends

Yield

6.0%

Payout

-44.6%

You've probably noticed that stock market growth in 2023 has been very lopsided. Our famous tech seven (Amazon, Meta, Tesla, Apple, Microsoft, Nvidia, Google) are up nearly 60% year-to-date.

The other 493 stocks in the S&P 500 are up just 4%.

That large stocks dominated the stock market in the first half of 2023 is not unusual. In fact, it's quite normal. Optimism and greed are replacing skepticism and caution, which may cause a shift from large-cap to small-cap. Investors are… read more

This chart gives us a nice picture of the behavior of most active stock managers. Simply buy high - sell low. Like a flock of sheep, copying fear & greed sentiment.

I'm prepared for the worst.📉🔴😅

Other reports suggest that Ford $F+3.0% doesn't have a bright tomorrow.
Ford announced Monday that it will cut prices on all versions of its F-150 Lightning electric pickup truck, with the cheapest version coming in at $50,000, about $10,000 less than originally estimated.
Additionally, I came across this chart yesterday that rates interest on car loans in the U.S. In simple terms, these are manufacturer-financed sales subsidies - see those Fords?