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Apple Inc. (AAPL) has allegedly been talking to Hyundai Motor Company (HYMTF) to create electric vehicles with autonomous driving technology. This is after reports that, after scaling back its vehicle R&D in 2019, Apple has restarted them, with a target of beginning production in 2024.

  • Apple may be in discussions with Hyundai to make self-driving electric vehicles.
  • However, the same report shows that both giants are in talks with other possible partners.
  • These reports are very speculative, and production could be many years away.
  • Apple’s EV development has had “many turns.”

Project Titan

Apple has been looking at a possible entry into the EV industry through its Project Titan, which started in 2014 but was cut back in 2019. And recent information shows that Apple has restarted and bolstered this effort, allegedly creating a high-tech battery that will deliver much higher range at a much cheaper cost than current tech in the market. Also, Apple’s plans to add self-driving technology.

Apple-Hyundai Deal

A rep for Hyundai Motor said the company is in discussions with Apple. However, he also said Hyundai has inquiries about possible partnerships from other companies too, while Apple has been in talks with other major automakers.

A report in the Korea IT News gave various pieces of information that were all deleted later on. The initial release said Apple and Hyundai were going to sign a deal before March 2021 and start complete production in the U.S. around 2024.

The report also claimed a “beta version” of the car would be created in 2022 and that later manufacture could happen in a Kia Motors Corporation (KIMTF) location in Georgia. Hyundai has a 34% ownership stake in Kia.

The report went on to say that Hyundai and Apple are considering the possibility of building a new plant in the U.S. that could make 100,000 vehicles every year beginning in 2024, with capacity being increased to 400,000. This detail was deleted in the updated news piece.

Importance for Investors

A big problem for Apple in going into the EV market is not having experience in this very capital-intensive industry. Because of this, an obvious entry point is a partnership with a current leader in vehicle manufacturing.

So, indications show that Apple is doubling down on its plans to enter the EV market. But even if a partnership were to be signed soon, getting a car rolling out of production by 2024, with all the high-tech features Apple wants, and without any bugs, may be a bit difficult even for them.

“Over the past six years we have seen many turns in Apple’s automotive goals,” warn analysts Strecker Backe and Daniel Ives from Wedbush Securities, in their recent memo. They say Project Titan was “greatly decreased from its starting level a few years ago,” possibly showing that we should not be shocked if it they run into some roadblocks ahead.

Exchange platform eToro, who is based in Israel, is struggling to keep up with surging demand for Bitcoin, sending a message to all users warning them of possible trading limits starting this weekend.

“The explosive demand for crypto, combined with limited liquidity, challenges our ability to fulfill buy orders.”

Because of this, the company is warning of “possible limitations” on purchasing crypto and that “spreads on assets may also be bigger than normal.”

EToro has been overcome by success. Yesterday, one of its officials, Brad Michelson, said that in the past 11 days, 380,000 new accounts had been opened and that volumes had went up 25 times higher than the same period last year. As of January 9, eToro claims over 17 million users.

Founder of Quantum Economics, Mati Greenspan — formerly an analyst at eToro — said to Cointelegraph that the warning was “a sign of a potential incoming liquidity squeeze.” He recommended users against trying to remove funds off the trading platform.

Should eToro go through with the new measures, users will be limited on their maximum exposure for each cryptocurrency, and could be unable to put in new buy orders. Greenspan went on to clarify by saying it means some “might have to wait to put a buy order in.”

An eToro official reported to Cointelegraph that “our experience of the 2017 rally helps us to understand the possible problems with extreme volatility in these markets. We want to make sure our clients are also fully aware of the possible risks.”

Last week, the company limited European users from margin trading because of greater market risks and brought their minimum deposits up by 400% to $1,000 as a way to lesson the number of new user registrations.

Other exchanges are also experiencing exploding volumes, with Coinbase’s volume reaching $9.5 billion, which is an increase of 50% from its last all-time high of $6.5 billion. Binance also pushed through its peak of $23.7 billion, reaching over $30 billion on January 12.

Very soon, other exchanges will begin hitting liquidity issues Greenspan says, stating it is “very likely” that we will see this happening on other systems in the future.

Worries about the limited Bitcoin supply have arose over the past six months with the giant fund Grayscale grabbing up Bitcoin at a jaw-dropping rate. The company now has $20 billion in its possession as its Bitcoin buying beats out mining production by nearly 3 to 1 in December of last year.

Shares of the company ViaDerma (OTCMKTS:VDRM) skyrocketed almost 1,000% this week after the pharmaceutical maker put out its outlook for 2021. VDRM usually goes unnoticed, so many people may not know the name. So what is important to know about this penny stock right now?

First, investors should understand that ViaDerma is a specialty company that trades over the counter. Add that to its penny-stock status and you will see why it is unfamiliar to most.

With this in mind, here are some important points about ViaDerma and VDRM stock right now:

  • It has been active since 2014, thanks to founder Dr. Christopher Otiko.
  • The company is based in Marina Del Ray, California.
  • ViaDerma creates and markets pharmaceutical products.
  • The company also licenses its technology to other industry players.
  • Its top product is Vitastem.
  • Vitastem is a topical antibiotic based on tetracycline .
  • Patients use Vitastem for acne, cuts, wounds, eczema, burns, infections, psoriasis and a variety of other problems.
  • According to ViaDerma, the product is unique because it treats so many conditions.
  • Plus, Vitastem is available now and registered with the FDA
  • Another key factor in Vitastem is that it lets pharmaceutical companies apply different active drugs in a topical delivery.
  • This gives ViaDerma the power of licensing the delivery method of Vitastem to other big companies in the industry.
  • Investors should know that ViaDerma is going after multiple large markets.
  • For example, the company puts the market for topical antibiotics at $6 billion per year.

The Truth About VDRM Stock

So what is the bottom line about ViaDerma and VDRM? And why are shares skyrocketing?

The move is probably because of the company forecast for 2021. In the report, ViaDerma said 2020 was a great year. It released a new pain product, received more financing and had big clients test its money-making Vitastem.

Looking forward into 2021 then, that could mean it’s possible for ViaDerma to take advantage of its 2020 successes and etch out even more profits. But, as with any penny stock, and especially those in the pharma industry, tread lightly. As quickly as they go up, those gains could vanish.

No stock has more attention than Tesla (NASDAQ:TSLA). Many fans of the company view it as the top innovator in the world. Naysayers claim its stratospheric rise will eventually become a huge bubble.

So far, the fans are winning. The stock had a massive increase in 2020 of almost 750%, taking its price higher than the $700 a share point.

But bulls are not convinced the good numbers are done. Analysts are hopeful about Tesla’s long-term possibilities. The top price target now showing on Yahoo! Finance is $1,083 a share — more than 50% higher than where the stock ended 2020, and 25% higher than its current price tag.

I’ve been a skeptic of Tesla, but I’m going further than other analysts. I believe Tesla can reach $1,500 per share, pushing its market cap above the $1.4 trillion mark. That could even maybe happen before 2021 is over.

In order for investors to see those numbers, a few events need to happen first. These three things are listed below along with explanations of each.

1. A 1 million vehicle year

Investors love growth. For Tesla, the number of cars it sells is the ultimate signal. Very loyal customers have so far guaranteed there’s high demand for Tesla vehicles right as the come off the assembly line. With the biggest problem being production capacity, which Tesla has tried to address by opening new manufacturing locations across the world to roll out vehicles closer to where they’re bought.

Tesla shipped nearly 500,000 vehicles last year. That almost met CEO Elon Musk’s anticipations for 2020. It also showed good growth of higher than 35%. But the pandemic affected both buying interest and production capacity. Most investors expect even greater gains this year.

Hitting the 1 million vehicles mark would be a huge win, hence the possible $1,500 stock price. Plus, Tesla’s ability to build that amount of cars is almost there.

2. Tesla’s expansion needs to be fast

Tesla understands that its cars are must-haves. The company needs to leverage its brand value by tapping into world markets as fast as possible.

The question is how should they do this. For example, India is a huge possible market, and Musk has mentioned plans to enter the market there. And just this week, shares of Indian auto maker Tata Motors (NYSE:TTM) increased on speculation that it may be a contract manufacturer for Tesla’s vehicles for the country.

Taking advantage of a bigger market is inevitable for the company, but Tesla needs to be smart about how it continues. Giving up quality just to sell vehicles could be a disaster for the brand. But a slower expansion runs the risk of letting competitors move into promising markets ahead of Tesla.

3. Tesla investors must hold steady

Tesla shareholders seem to have learned a lesson from the crypto craze. Many investors in bitcoin have bought and held their tokens through all of the chaos of the past 10 years. A typo in a forum gave way to the meme of “HODL” which means to hold on for dear life.

Many shareholders have used this same strategy for Tesla. These investors think the company is not just a wealth producer, but also the best solution to sustainable energy.

I’m certain that this has played a role in Tesla’s huge share-price increase to date. If those foundational shareholders continue holding onto shares regardless of what happens, then another 2x in 2021 is possible. If they choose to cash out, it will be impossible to claim that milestone.

It’s a long struggle and anything is possible

It’s fun to think about how high Tesla’s shares could be in late 2021. But what matters most to long-term shareholders is whether Tesla can keep realizing its full potential from the underlying business of electric vehicles. Even if that doesn’t mean a soaring price this year, it could still mean the price going to $1,500 at some time in the not-so-distant future.

  • The Bitcoin price stayed near $35,000 and analysts predict this number to be an important one.
  • An increase higher than this could bring Bitcoin back to all-time highs of $41,000 or so, but a heavy dip below it could cause a downfall to $30,000.
  • Although the longterm forecast remains slanted to the upside, more losses could come soon,” strategist Daniel Moss said recently.

Bitcoin dropped Wednesday, going for its biggest fall since August, as a stronger dollar and profit-taking went through $172 billion of Bitcoin pricing since the beginning of the week, leaving the number at a vital crossroads. 

Other coins like XRP and Ethereum, and smaller alt-coins Cardano and Litecoin declined after days of greater volatility. 

Trade in cryptos has been increasing for the past five months. Bitcoin has gone up by 230% during this time, breaking a record of $41,000 on the 8th of January, while Ethereum raked in a gain of 217%, causing many top investors to warn about the dangers of a bubble burst. 

Investor Mark Cuban said on Tuesday that cryptos look like the tech bubble of the 90s, but added that any bursting would have some surviving coins, while others would fail.

“The crypto market has been under attack recently, with Ethereum and Bitcoin going lower as an increase of risk aversion takes over the global markets. Although the longterm forecast for crypto is slanted to the upside, more losses look possible in the coming days,” strategist Daniel Moss stated in a memo.

Bitcoin was at $34,580, up near 1.65% on the day on Coinbase’s exchange.

With the dip to $35,000, the price is staying near important technical numbers on the charts, and a significant increase, or significant decrease, could make way for the next skyrocketing toward new highs, or a bitter decline, analysts claim.

“Failing to lock in a strong grasp above last week’s close could allow sellers to push prices back to the psychological foundation of $30,000. Breaking through that could push us towards previous resistance at $19,891, Moss stated.

Bitcoin is still 95% higher than last month, but the charts reveal this latest change in price has created many support levels. 

The price is closing in on important Fibonacci retracement levels. Fibonacci retracements are horizontal lines that reveal where resistance and support are possible based upon the price’s highs and lows and a break of these lines can very often cause a huge shift in the price either lower or higher. 

An analyst for FXEmpire, Chris Svorcik, said the asset must stay higher than $29,762, which is the 50% mark between the high of January 12 and the low of December 11, to avoid dropping near $26,000.

Chris Svorcik-FXEmpire

“If the price stays higher than the 50-61.8% Fibonacci area, there is a good chance of a continuing increase and a new all time high. But a dip beneath the Fibonacci levels will change that,” he stated.

Meanwhile, Ethereum, which was trading up 2.8% on the day at a number of around $1,079, also is at a pivotal point on the charts. The price went to a three-year high on Sunday, hitting $1,350. But its downturn since has given up over half of the gains it earned since 2021 kicked off, leaving it right at the Fibonacci level.

“Ethereum needs to go past the 23.6% FIB and $1,069 to support a push on its major resistance level of $1,131,” Bob Mason, a technical analyst, said. 

“But for Ethereum to go back to $1,100 prices, overall market support is needed, ” he said, going on to add: “In the circumstance of a prolonged cryptocurrency rally, Ethereum may try resistance at the $1,250 marker before any dip occurs.”

Bob Mason-FXEmpire

Senators have promised to create a new coronavirus relief package — including another stimulus payment to many people — one of their top goals when they takeover the chamber.

“Emergency relief is not over, far from it” Chuck Schumer said to lawmakers on Tuesday. “Democrats wanted more in the previous bill. We want to increase payments to a sum of $2,000 — we’ll get that done.”

The DNC now has control of the Senate by the smallest of margins after two wins by Raphael Warnock and Jon Ossoff in Georgia last week. Putting them at an even 50-50 split with Republicans, with VP-elect Kamala Harris as the tie-breaking vote.

The last public arguments in the Georgia races centered around the possibility of $2,000 stimulus checks being sent to Americans dealing with the Covid pandemic. It was and still is a popular issue of both Democrats and President Trump.

“If you send these two to D.C., those $2,000 checks will happen,” Biden told voters about the Georgia elections. “But if you send Loeffler and Perdue, those checks won’t go out. It’s that easy. The power is truly yours.”

Washington has already sent most Americans two direct payments: The first was up to $1,200 for individuals and the second was up to $600 for individuals, which was delivered this month.

On top of raising the payments by $1,400 to make good on the figure of $2,000, the new stimulus would give money for small businesses, vaccine distribution, schools, and state and local governments, Schumer added.

“We will instantly get to work on delivering that goal,” Schumer said. “As our first goal of legislation, we are preparing to discuses more COVID relief.”

But it’s uncertain if Democrats really mean what they say. For example, it’s unknown if they have enough votes to pass any relief bill: This Friday, Democratic Senator from West Virginia, Joe Manchin, said he would “absolutely not” vote to send a $2,000 stimulus check, which puts a cloud of skepticism over the entire thing.

“No, absolutely not. ” Manchin said to The Washington Post this Friday, when asked if he would agree to new stimulus checks. “Our first job is getting people vaccinated.”

“How will that money help us get jobs back or find people a new job to replace the one they lost?” he went on. “Sending another check won’t do that for a person that’s already had a check.”

  • Bitcoin regained territory on Tuesday to claim a price of $36,000 after going to about $30,000 on Monday as volatility continued.

  • The business leader and investor Mark Cuban tweeted a comment that the price explosion of more than 340% was “EXACTLY like the dotcom stock bubble” of the 90s.

  • Cuban claimed Ethereum and Bitcoin could survive the bubble bursting. But other investors, like those at UBS, voiced skepticism.

Bitcoin increased this Tuesday to around $36,000 as the crypto market regained from Monday’s downturn. But volatility is staying high, and the business leader Mark Cuban is claiming the recent rise is a “bubble” that could be disastrous.

Bitcoin catapulted down 20% on Sunday and Monday, to right above $30,000, in a trend of selling after the asset’s amazing rally. Investor anxiety and a strong dollar also damaged confidence.

But its price-tag increased quickly on Monday evening and Tuesday morning, going to around 8% and breaking through $36,000 again. It claimed an intraday number of $36,610.11 before paring gains to $34,154.29.

Bitcoin has gone up by more than 13% in this week, 92% this month, and about 340% this year, after governments and banks have flooded markets with cash during the pandemic.

The incredible rise in cryptos has gained the attention from all kinds of investors. For example, on Monday, Mark Cuban claimed on Twitter that the “cryptos trend” is “EXACTLY like the dotcom bubble” of the 90s, which busted with terrible consequences for wall street and companies in the tech industry.

But he went on to say Ethereum, Bitcoin, and “a few more” could get through it and thrive as Amazon and eBay did through the dotcom bust.

He sent out another tweet to warn investors against trusting crypto fans who “try to explain away whatever the daily price is.”

“All the explanations about fiat are just sales talk. The biggest one is scarcity vs demand.” he said.

But Bitcoin fans say this is a very different situation, claiming that a crash like 2018 – when Bitcoin hit a record of around $19,900 but went down to $5,870 in two months – is not likely to happen.

Cofounder of Nickel Digital Asset Management, Michael Hall, has said that Bitcoin “is going through upside volatility which could sharply reverse but tends to correct somewhat quickly at greater levels as price discovery happens.”

“We don’t see any underlying change in the forecast for Bitcoin which is now being owned at an increasing rate by long term investors, with a slant towards North America and Europe, looking to hold the asset inside larger portfolios,” Hall said.

UBS analysts took a darker view. “Given their great volatility and the numbers of their previous downturns, cryptos might attract speculative investors, but they are not a good alternative to safer assets, nor do they help with portfolio diversification,” they claimed in a memo.

On Monday, the UK’s Financial Conduct Authority stated that “if investors buy in these types of investment, they should be ready to lose all their capital.”

“Significant price changes in cryptos, along with the inherent problems of pricing those assets, puts investors at a high risk of losing,” it added.

Patience is truly a virtue. But unfortunately, it’s not as widespread among investors as it should be. With many people selling a stock way too soon.

Staying with a stock is much easier when its long-term forecast looks good. The great news is that there are many stocks that fit that description. Here are three excellent growth stocks  you should buy and hold for the next decade.

1. MongoDB

Disruption is coming to the database market. And don’t believe for a moment that major database companies don’t see it. There’s one company in particular they’re watching closely: MongoDB (NASDAQ:MDB).

MongoDB’s trailing-12-month revenue growth of 227% over the past few years completely destroys the numbers of industry giants like Microsoft and Oracle. Its price gains have also been amazing during this time, with Mongo’s shares increasing up to 1,170%.

The secret to MongoDB’s jaw-dropping growth is the cloud. The Atlas cloud database system is the largest growth driver for the company. That growth could get even better thanks to their announcement this past October of Atlas’ support for distributed databases spread across many different cloud hosting providers. 

Despite its amazing growth, MongoDB’s market cap is near $22 billion. I believe the company will keep capturing market share from the other players in the database industry. And it’s quite realistic that MongoDB will join those big players within the next 10 years.

3. Teladoc Health

The quick rise of telehealth is, without a doubt, among the most significant long-term results of the coronavirus pandemic. As the top provider of telehealth services, Teladoc Health (NYSE:TDOC) is an an obvious beneficiary of this crisis.

Teladoc had strong growth going into 2020. But the pandemic accelerated the company’s growth to greater heights. Over the pas few years, Teladoc’s trailing-12-month revenue has gone up by more than 300%. In its most recent quarter, the company’s revenue more than doubled year over year. 

Can Teladoc keep its top position in the market with more competition showing up? I believe so. Much of the company’s recent growth has come from acquisitions (although also delivering strong organic growth). My thinking is that Teladoc will keep scooping up other companies to boost its market domination.

The consulting firm McKinsey & Company says that the American virtual care market will be near $250 billion even after the pandemic ends. But even with its rapid increase, Teladoc’s annual revenue is just around $1 billion. I’m certain the company will grow to greater heights over the next decade as revenue continues to grow.

3. Etsy

Things that are truly one of a kind are not easily found. But that’s a really good description of Etsy (NASDAQ:ETSY) and the available products on its platform. No other retailer can match their offerings of unique handmade goods.

Even Etsy’s growth is unique among companies like it. With its stock increasing by a whopping 800% over the past few years. Trailing-12-month revenue nearly 4xed during that period. In Etsy’s most recent quarter, its gross sales went up 2.5 times quicker the Census Bureau’s benchmark for the e-commerce industry.

Can Etsy keep this strength up? I believe so. Actually, I believe its growth will get even better. Due to the pandemic, more people are using Etsy than ever before. Sure, many of them only visit to buy fashionable face masks. But I fully anticipate that initial singn up to Etsy will lead to more purchases.

Etsy’s potential over the next 10 years is terrific. The market size for the types of products on its platform is at least $100 billion annually. Making their real potential market possibly closer to $250 billion. The company is expected to report around $1.6 billion in sales for 2020. I think Etsy will be much bigger 10 years from now.

Last Friday, we mentioned Gold would be in trouble, and even though we were long on the precious metal, we were searching for a signal that it could hold support. We also said a lower close would cause a reversal, and this is exactly what has happened. We are now short on both Gold and Silver, while still being long on Platinum.

Of course the bigger story was in the cryptocurrency markets. With Bitcoin going to $42,000 and being joined in its big rally by the number two cryptocurrency, Ethereum, along with many other “alt coins”. It seems to many that Bitcoin could be replacing Gold as the #1 place to store wealth.

We think nothing will replace Silver, Platinum and Gold. But we also think that Cryptocurrency is real. We have no clue what the future has in store for the investment class, and we are very small players there, but we do believe investors will continue to use Cryptocurrency as a “digital alternative” to Gold.

However, we would not recommend buying at the current levels because we see this latest rally as being triggered by the fear of missing out. Bitcoin right now is in bubble territory and will soon have a significant pullback, which would then create a great buying opportunity. We dont trade Bitcoin, but we do own some. As we continue into this week, we are looking at Gold and Silver in the short term, and Platinum for the long term.

Bitcoin’s incredible rally has concerned many analysts. Those analysts have warned of a large incoming bubble. One of them is Michael Hartnett, chief strategist at Bank of America’s Securities division.

He said recently that the surge in bitcoin’s value could be another example of speculative mania, highlighting the fact that bitcoin appears like “the mother of all bubbles.” The chief strategist says he thinks extreme inflationary prices within the market aided bitcoin’s rally in the past 60 days. Hartnett reminded followers that bitcoin has out-competed other assets with its value surging 1,000% since the start of 2019.

Bitcoin “wins the title when compared to previous bubbles,” he claimed, comparing its performance to other past bubbles. Bubbles which included a takeoff in gold prices of more than 400% in the 1970s, Thailand’s stock market in the 90s and Japanese stocks in the 80s. He went on to compare bitcoin’s bubble to the dot-com bust in the 1990s and housing crash in the 2000s. Hartnett highlighted that those sectors saw triple-digit percentage increases before catapulting down.

markets.Bitcoin.com

He did not directly claim that bitcoin would go into freefall like these other bubbles. But he connected the surging prices of cryptocurrencies as another example of “very speculative” investing.

Others who have recently predicted a bitcoin bubble include the chief economist at Rosenberg Research, David Rosenberg. Who warned about a bitcoin bubble in December, saying that BTC was “a classic, follow-the-herd trade.” Another warning was issued by NYU economist, Nouriel Roubini, also known as “Dr. Doom”. Who said “the value of bitcoin is completely manipulated by whale investors.” “It does not have fundamental value. We are nearing the time when the bubble is going to burst.”

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