Could Sam Bankman be the next Ryan Cohen?
Recently, FTX CEO Sam Bankman bought a 7.6% stake in $HOOD. FTX is a crypto brokerage platform similar to $COIN.

Being an expert on how exchanges work, it would be interesting to see what Sam Friedman looks to do with Robinhood. Even if his stake in the company may seem insignificant, it's important to note that FTX and Robinhood are indirect competitors. Both offer a crypto brokerage platform to consumers but at the same time, Robinhood offers fewer cryptos for people to trade and gives people a plethora of stocks and options to buy and sell.

The reaction to Sam Bankman's stake in Robinhood was big. The stock rose more than 20% after hours because of it.

In late March, $GME experienced a similar reaction as Ryan Cohen, co-founder of $CHWY, added to his stake in the videogame retailer. Around the same time, $BBBY shares surged as Ryan Cohen took a stake in that company as well.

Ryan Cohen is investing in those retailers because he wants to help fix the operations of those companies. Sam Friedman could be looking to do something similar with Robinhood.

We have yet to see.
Stocks patterns post Earnings - Week April 11th
The earnings season starts this week! Here are the reports I will look into and how the stocks performed historically, 1 day after the earnings release.

My favorite earning plays this week are $MS and $BLK.

JP Morgan $JPM - April 13th before the open
1-day performance in the past 12 quarters:
  • Average returns = -0.6% 🔴
  • Average price move = + / - 2.4%
  • % of positive returns = 42% 🔴

Blackrock $BLK - April 13th before the open
1-day performance in the past 12 quarters:
  • Average returns = +1.2% 🟢
  • Average price move = + / - 2.9%
  • % of positive returns = 67% 🟢

Delta Air Lines $DAL - Apr 13th before the open
1-day performance in the past 12 quarters:
  • Average returns = -0.8% 🔴
  • Average price move = + / - 2.5%
  • % of positive returns = 42% 🔴

Fastenal $FAST - April 13th before the open
1-day performance in the past 12 quarters:
  • Average returns = +1.4% 🟢
  • Average price move = + / - 4.0%
  • % of positive returns = 42% 🔴

Bed Bath & Beyond $BBBY - Apr 13th before the open
1-day performance in the past 12 quarters:
  • Average returns = -3.0%🔴
  • Average price move = +/- 14%⚠️
  • % of positive returns = 42%🔴

Morgan Stanley $MS - April 14th before the open
1-day performance in the past 12 quarters:
  • Average returns = +1.5% 🟢
  • Average price move = + / - 2.0%
  • % of positive returns = 75% 🟢

Goldman Sachs $GS - April 14th before the open
1-day performance in the past 12 quarters:
  • Average returns = -0.4% 🔴
  • Average price move = + / - 2.0%
  • % of positive returns = 58% 🟢

United Health $UNH - April 14th before the open
1-day performance in the past 12 quarters:
  • Average returns = +1.1% 🟢
  • Average price move = + / - 3.0%
  • % of positive returns = 58% 🟢

Wells Fargo $WFC - April 14th before the open
1-day performance in the past 12 quarters:
  • Average returns = -1.7% 🔴
  • Average price move = + / - 4%
  • % of positive returns = 33% 🔴

Citigroup $C - April 14th before the open
1-day performance in the past 12 quarters:
  • Average returns = -1.6% 🔴
  • Average price move = + / - 2.3%
  • % of positive returns = 25% 🔴
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What to watch for the week of 4/11/22
Are you prepared to take on the markets this week? If not, here is a graphic that I created of some of the most anticipated potential catalysts for the week beginning April 11th. Hopefully this can help you navigate your investing and trading decisions. Feel free to save this post for reference. Let me know what’s on your watchlist in the comments. Follow my page so that you never miss any upcoming scheduled market events. If you find this helpful and would like to view more of my work, consider subscribing to my Patreon. Link in my bio. $SPY $F $WFC $QQQ $ALLY $BBBY $KMX $PGR $C $GS $MS $JPM
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Rod Alzmann's avatar
$5.9m follower assets
Ryan Cohen $BBBY 9.8% Activist Letter to BOD


I love this part: "....we do not place significant emphasis on any one quarter or any one year when evaluating a business...[t]o the contrary, we are maniacally focused on the long-term."

Some great commentary. Similarities to his successful activist campaign in $GME that concluded in Jan. 21, presumably he's had a small stake since the management turnaround began and is now escalating after the ~18 months of viewing there being too many priorities rather than a more focused approach.
Very interesting letter. This does remind me of GME when he wrote, but seems different as he will not join the board. I wonder if he will push point 3 and try to get a sale for a premium.
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Paypal Warns of Weakening Consumer Confidence
Yesterday's Paypal earnings call had a lot of very interesting insights on the company's plans, their new partnerships, and their outlook. However, the quote that stuck with me the most had nothing to do with the company's plans:

$PYPL "We are seeing the impact of global supply chain shortages in our merchant base. Consumer confidence has weakened with the absence of stimulus payments. And with the economy reopening, more people may be likely to do their holiday shopping in-store as confidence in delivery logistics is depressed from last year."

Weak consumer + lost confidence in delivery should have a negative impact on retail sales for the likes of $AMZN $EBAY and $SHOP clients. Brick-and-mortar players like $M $BBY $TGT $BBBY $WSM might benefit from the shift, but it's still overall negative for the economy.
Big drop for Paypal today. Thinking longer term this seems like a buying opportunity. Consumer confidence cycles up and down. Great insight though about the likelihood of in-store shopping this holiday season.

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Eric Pelnik's avatar
$266.4m follower assets
Earnings this week
📞Which calls are you most excited about?

Monday, June 28th
$JEF Jefferies Financial Group
$MLHR Herman Miller

Tuesday, June 29th
$FIZZ National Beverage
$FDS Factset Research

Wednesday, June 30th
$BBBY Bed Bath & Beyond
$STZ Constellation Brands
$GIS General Mills
$MU Micron Technology

Thursday, July 1st
$WBA Walgreens
$MKC McCormick & Company

Friday, July 2nd
None of interest

Sources: Business Insider, Google Finance, and Yahoo Finance!
Eric Pelnik's avatar
$266.4m follower assets
Earnings this week
📞 Which calls are you most excited about?

Monday, April 12th
None of interest

Tuesday, April 13th
$SCHW Charles Schwab (also reported to be on April 15th)

Wednesday, April 14th
$FRC First Republic Bank
$BBBY Bed Bath & Beyond
$JPM JPMorgan
$WFC Wells Fargo
$GS Goldman Sachs

Thursday, April 15th
$UNH UnitedHealth
$DAL Delta Air Lines
$RAD Rite Aid
$BAC Bank of America
$BLK BlackRock
$C Citigroup
$PEP PepsiCo

Friday, April 16th
$ALLY Ally Financial
$MS Morgan Stanley

Sources: Business Insider, Google Finance, and Yahoo Finance
Eric Pelnik's avatar
$266.4m follower assets
Earnings this week
Monday, Sept 28th

none of interest

Tuesday, Sept 29th

$MU Micron Technology

Wednesday, Sept 30th

none of interest

Thursday, Oct 1st

$BBBY Bed Bath & Beyond

$PEP PepsiCo

Friday, Oct 2nd

none of interest

Sources: Google Finance, Business Insider, and Yahoo Finance
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