DHUnplugged #586: Merry Happy Millennials

End of free money. One central bank surprises us with a rate hike!

Big news in Turkey. MASSIVE turnaround for the LIRA.

Coming into the home stretch… CTP Cup Standings.

Markets have this weird pattern developing.

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Warm Up
- Panic! World Ending Again
- Worst time for Central Banks to be tightening - major policy mistake (but stuck as inflation could get worse)
- "Something not right" - That's the Horowitz schtich?
- 2020 - year of some records
- Davos Eco confab - POSTPONED
- NFL Games POSTPONED
- NY Radio City Rockets and XMAS shows cancelled

Market Update
- DJIA in freefall. Small-Caps worse, High-flyers - total crash
--- Monthly Pattern May be in PLAY
- Bond yields - falling... Seem to be pricing in a return to deflation
- BBB - DOA (some implications)
- UK first major central bank to do what?
- Turish Lira - WOW Reversal

!! Let's start show with a warm wish for a happy holiday, merry Xmas. Coming up this weekend - Friday, markets are closed.
- What memorable moments or things about this show from last year sticks out??

UK Moves
- First major central bank to raise rates
- Hikes rates by 0.25%

Manchin - Killed BBB
- He is done with the package
- No vote until at least next year
- Much smaller and potentially piecemeal
- $250-$300Enhanced (and other amounts/child) child tax credit - last payment Dec 15
---- Plenty of money that will not be buying things
----- Without BBB, not sure how this will be revived

Davos
- The annual get-together of world leaders, billionaires and executives in the Swiss Alpine town of Davos will be postponed due to health and safety concerns over Covid-19.
- "The World Economic Forum will defer its Annual Meeting in Davos, Switzerland, in the light of continued uncertainty over the Omicron outbreak," the group said in a release Monday. "It is now planned for early summer."

2020 Record Breaking
- Global merger and acquisition (M&A) activity shattered all-time records in 2021
- Broke record set back 15 years ago
- The value of M&A globally topped $5 trillion for the first time ever, with volumes rising 63% to $5.63 trillion by Dec. 16
- Technology and healthcare led
- Overall deal volumes in the United States nearly doubled to $2.61 trillion in 2021, according to Dealogic. Dealmaking in Europe jumped 47% to $1.26 trillion, while Asia Pacific rose 37% to $1.27 trillion.

Hands-Free Baby
- A Philadelphia mother has given birth to what is believed to be the world’s first Tesla baby: an infant delivered in the front seat of an electric smart car while it was driving on autopilot.
- Yiran Sherry’s waters broke while the family was stuck in traffic. With contractions increasing rapidly and traffic barely moving, the couple realized they were not going to make it in time.
- The husband placed the vehicle on autopilot after setting the navigation system to the hospital, 20 minutes away in the western suburb of Paoli.
- He said he laid one hand gently on the car’s steering wheel as he attended to his wife.
- The baby was born just as they arrived at the hospital

Groping in the MetaVerse
- It is starting already
- A woman has said she was groped by a stranger while working as a beta tester on Meta's Horizon Worlds platform.
- "Sexual harassment is no joke on the regular internet, but being in VR adds another layer that makes the event more intense," the woman wrote. She said that incident occurred in the Plaza, one of the main areas that people gather, per The Verge.
- Supposedly she could have activated a "safe-zone blocking"
- Please EXPLAIN

Another North Korea Story - Believable?
- North Koreans have been banned from laughing for 11 days as the totalitarian country commemorates the 10-year anniversary of the death of Kim Jong Un’s father and predecessor, Kim Jong Il.
- “During the mourning period, we must not drink alcohol, laugh or engage in leisure activities,” a resident of the northeastern city of Sinuiju told Radio Free Asia’s Korean Service.
- Even grocery shopping is banned on the exact day of the elder Kim’s death — December 17.
- “In the past many people who were caught drinking or being intoxicated during the mourning period were arrested and treated as ideological criminals. They were taken away and never seen again,” the source told RFA.

Reading Glasses No More
- The first FDA-approved eye drops to treat age-related blurry near vision (presbyopia) has gone on sale in the US, offering a potential alternative to reading glasses for the estimated 128 million Americans affected by this common condition.
- New prescription medication Vuity is administered once daily to the eyes, and its active ingredient pilocarpine is designed to stimulate the eye to reduce its pupil size, an effect which should last most of the day.
- Reducing the size of the pupil, as any photographer who's ventured out of automatic mode will attest, increases the depth of field of an image, meaning that more of it should look sharp wherever the lens is focused.

TREND ALERT
- LifeStyle Renting vs buying a home
- Rent where you want, for as long as you want
- Millennials who are lifestyle renters — defined as renters with above-average incomes who are using their bigger budgets to rent in amenity-rich, fancier apartments rather than buy a place

IPO ALERT
- Reddit is working on IPO
- The social media company is aiming for a valuation of over $15 billion at the time of its flotation
- No, not profitable
- $100 million in ad revenue in 2nd quarter
- 52 million DAU and $100k communities

Turkish Lira
- Erdo?an  presented come measures on Monday after Lira and stock market continued to crash
- Massive turnaround as government going to protect some businesses and talked up their plans... 20% move higher against the USD.
- TUR ETF moved from -5% to +18% on Monday

Country by Country - 2021
- h/t Bespoke
- Showing OB and OS

Country Permanence 2021

Monthly Pattern?

Pattern? 2021

El Salvador
- Buying Bitcoin on the Dips - another 150 coins
- - Now there are some worries that fake bitcoins are being sold/traded in El Salvador
- Scammers and others are preying on those that don't understand and under-educated (which is most)

Cathy Wood making waves
- Out with commentary that her funds should returmn 40% per year over next several years
- Raising a lot of eyebrows as this may be a compliance issue (and 40% per year??)

Pfizer
- Pfizer last week said final analysis of its antiviral Covid-19 pill still showed near 90% efficacy in preventing hospitalizations and deaths in high-risk patients, and recent lab data suggests the drug retains its effectiveness against the fast-spreading omicron variant of the coronavirus.
- Nobody in the trial who received the Pfizer treatment died, compared with 12 deaths among placebo recipients.
- The Pfizer pills are taken with the older antiviral ritonavir every 12 hours for five days beginning shortly after onset of symptoms. If authorized, the treatment will be sold as Paxlovid.

Coin Time - Curated by Dave Ackerman
-A milestone was reached on December 13 as 90% of all Bitcoin had been mined since the first coin was minted in January 2009.  Based on network activity estimates, the remaining Bitcoin will take until February 2140 to be fully mined.
- Social media platform Decentralized Social (DESO) had a rocky start to it’s listing on Coinbase last week, plummeting 50% in price in it’s first few days of trading.
- A Bored Ape Yacht Club NFT was recently sold for 1 hundredth of its value when it was accidentally listed for .75 ETH instead of 75 ETH.
- Crypto gaming ecosystem Vulcan Forged (PYR) lost $140 million of its native token when an attacker stole 96 private keys from the platform. A significant amount has already been sold for ETH but about a third remain on one wallet.

Grinchy
- From Show friend John Stec
- Lumber prices have shot up again in a rise reminiscent of a year ago, when high-climbing wood prices warned of the hinky supply lines and broad inflation to come.
- Futures for January delivery ended Friday at $1,089.10 per thousand board feet, twice the price for a prompt delivery in mid-November.
- Cash prices are way up as well. Pricing service Random Lengths said that its framing composite index, which tracks on-the-spot sales, has jumped 65% since October, to $915. A $129 gain this week was the biggest on record, eclipsing a $124 jump in May, when lumber prices crested at all-time highs.

Christmas Prank?
- McDonald's Forced to Ration Customers' Fries as Supply Shortage Hits Japan
- McDonald’s in Japan will only offer french fries in small sizes from Friday after flooding at a Vancouver port and the coronavirus pandemic have cut off supplies of one of its key offerings.

Best to Jimmy
- CNBC's Jim Cramer said Monday he's tested positive for Covid and isolating at home with a mild case.
- "I have Covid. I came down with Covid on Thursday night," Cramer said on "Squawk on the Street." He added he's been triple vaccinated: two shots of Moderna and a Moderna booster.
- "I know exactly how I got it," he said. "I was at an event where you had to have PCR [tests]."
- "I got it that night from someone who was tested that day," he said. "The problem is it works so fast. You can't stop it.

 


420 Stocks ...

CLICK for list of "Pot Stocks"

Stocks to watch: CGC, STZ, TLRY, CRON, MJ, NBEV

 


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dh_CTPDHUnplugged - CTP CUP 2021

THE FIELD IS SET

*** NEW INTERACTIVE CHARTS ***

Winners will be getting great stuff like the new DHUnplugged Shirts (Designed by Jimbo) -
PLUS a one-of-a-kind DHUnplugged CTP Winner's certificate..

CLICK HERE FOR MORE CHARTS ON TRADING VIEW


UPDATE - NEW ETF - Global X Millennials Thematic ETF Challenge!

The top holdings of Global X Millennials Thematic ETF (MILN) include stocks many investors would expect, such as Facebook, LinkedIn and Amazon, which take advantage of the tech tendencies of millennials. But some names might be more surprising like real estate investment trusts AvalonBay Communities and Equity Residential, and Home Depot, which could benefit from millennials moving out of the home of their parents.

We are creating the DH Old Codger Index Portfolio to compete against this new ETF to see how "old school" stocks do in comparison. Companies in our index will include: (updated names as of 8/29/16)

We have the performance summary running (daily and since inception of 5/6/16) - DHOCI vs. Millennials ETF Battle


Move over NFTs
- A reality-TV star is making waves on social media after letting it rip that she makes more than $50,000 per week by selling her flatulence to strangers.
- Up to $1,000 per jar
- “I want to thank so much the 97 people who have already purchased their jar of farts,”

JCD Score ()

 


See this week’s stock picks HERE


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