SPYTrading Checklist
Fundamental:
United States
- Recent GDP Report: -8.5
- Inflation Rate: +0.5
- Recent Interest Rate Change: +0.75
Technical:
- Could be at the start of an abc wave. I wonder if it could turn impulsive.
- Stochastic is in an overbought state.
- Bearish doji candle spotted while bullish volume broke down a bit.
- Current and recent candles may be indicating that the 20 HMA may carry us to the 200 HMA where price feels safe from time to time.
Final Notes:
- Set stop loss at wave b top to see if the wave is invalid and will reassess if hit.
- Set three target
o 38% (Risk reward ratio: 1.03)
o 61% (Risk reward ratio: 2.28)
Idead
Altimeter Growth Corp (SPAC w/ merger: Grab Company)Our mission:
Drive Southeast Asia forward by creating economic empowerment for everyone.Every day, we serve millions of consumers, merchants, and drivers on Grab. Consumers look for quality services to ease their everyday lives, while merchants and drivers get access to greater earning opportunities because of our large consumer base. In fact, we are proud that many of our driver-partners got their very first earning opportunities with Grab.
Recent News:
1. Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months.
2. Public listing will reinforce Grab’s strong business momentum including Gross Merchandise Value of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels
3. Investors in the PIPE include funds and accounts managed or advised by BlackRock, Counterpoint Global (Morgan Stanley Investment Management) and T.Rowe Price Associates, Inc., as well as Fidelity International, Fidelity Management and Research LLC, Janus Henderson Investors, Mubadala, Nuveen, Permodalan Nasional Berhad and Temasek
4. Grab’s decision to become a public company was driven by strong financial performance in 2020, despite COVID-19. Grab posted GMV of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels and more than doubling from 2018. The company is also currently the category leader in Southeast Asia for its core verticals , accounting for approximately 72% of total regional GMV for ride-hailing, 50% of total regional GMV for online food delivery and 23% of regional TPV for digital wallet payments in 2020.
SPAC Merger Info:
Leadership: Brad Gerstner (Founder, Altimeter: invested in Facebook, Uber, AirBnB, ByteDance, Twilio, Unity, Snowflake)
Market Cap: $689,000,000
IPO Date: 2020-09-30
Underwriters: Citigroup, Goldman Sachs, Morgan Stanley
Estimated completion date: 2022-09-30
Warrant Price: $5.23
Unit and Warrant Details: U: ; W:
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NintendoWho we are
Nintendo's mission is to put smiles on the faces of everyone we touch. We do so by creating new surprises for people across the world to enjoy together. We've forged our own path since 1889, when we began making hanafuda playing cards in Kyoto, Japan. Today, we’re fortunate to be able to share our characters, ideas and worlds through the medium of video games and the entertainment industry.
Nintendo of America, established in 1980 and based in Redmond, Wash., is a wholly owned subsidiary of Nintendo Co., Ltd. We are committed to delivering best-in-class products and services to our customers and to investing in the well-being of our employees as part of the global Nintendo family.
1. Nice lineup of games releasing this month and the new Switch!
2. Financials are BOOMING!
3. Summer coming up in a COVID summer!
My name is Ski Mask and I've been making bad decisions all my life....
Strike Price: $78
USDCHF Sharp MoveAs see on the USDCHF chart, there is divergence on rsi and rejecting the price from the resistance above it and the blue trendline the price has high chance of sharp drop to the below support level
Caution : be careful about the green trendline and close the trade if things goes wrong in that area