Precious Metals & Trading The Leveraged ETFs

As we see the growing pivoting away from the US dollar globally, my 'Econ 101' brain says that moving to swinging the volatility in precious metals leveraged ETFs such as UGL, GLL, AGQ, ZSL is a solid move right now. Additionally, the unpredictability of equity stocks is not fairing well for me with bad earnings & news reactions.

Thoughts?

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Brokerage advice

I want to switch my daily set and forget investments from Robinhood to a more reputable brokerage.

I already have Schwab

Is there a brokerage that allows automated fractional investing? (5$/day into voo etc)

Thanks

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Thoughts on TCS?

They are at 52 week lows . I guess this a penny stock now. Taking a hit with the industry (bed bath and beyond Tupperware)

The P/E is attractive I made money on it as a swing trade last year thinking of doing the same. I’ve seen it as high as about $17

submitted by /u/Zero_Gravity067
Lithium stocks

So I have gotten into lithium companies over the past few years. I have captured gains a couple times but recently the lithium space has dropped about 20-25% - I have LAC, SQM and ALB. I am curious about SGML but not invested. I want to consolidate in to a single company. So looking for thoughts!

ALB has been around a while and has other revenue sources. But produces many lithium product to serve a number of industries. Also, as a company, it is the large

TAP - Molson Coors Beverage Company

TAP is the symbol for Molson Coors, parent company of beverage brands like Coors, Miller, Blue Moon, etc., largest publically traded American owned brewer. Normally somewhat boring consumer defensive, this company has caught a tailwind with a major competitor's (Budweiser - parent InBev - ticker BUD) recent marketing campaign and the subsequent fallout. TAP reported earnings before the bell today and impressed.

Does Miller Lite get a lasting boost ov

Stocks could soon retest all-time highs as markets react to possible 'thesis-changing' final rate hike from the Fed

Full Article

In a note on Monday, Lee pointed to broad expectations that the Fed will deliver another 25-basis-point rate hike this week, after having raised interest rates 475 basis points in the past

Regional/banks are dropping in value.

Currently shares of Beverly Hills-based PacWest Bancorp (PACW) were down more than 20%, to $7. Western Alliance Bancorporation (WAL), in Phoenix, was down 25%, to $27.50. The small New York-based Metropolitan Bank Holding Corp. (MCB) was off 24% to $20.35. And schw is down 5% as it drops to 49.14 dollars a share. Wfc down 4.2% too under 38 dollars a share. What do you guys think could this spill over again?

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Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

https://www.cnbc.com/2023/05/02/wall-street-layoffs-morgan-stanley.html

  • Morgan Stanley plans to eliminate roughly 3,000 positions by the end of June, according to a person with knowledge of the plans.
  • That equates to roughly 5% of the New York-based bank’s workforce when excluding the financial advisors and support staff who will be spared
Microsoft Q3 Earnings - Room for improvement

Microsoft surpassed everyone’s expectations with their latest Q3’23 earnings, by beating estimates on their top line revenue and bottom-line net income. Although their growth rates for azured has slowed to 27% from 31%, the growth rate was still better than expectation. Nevertheless, the CEO Satya Nadella has whetted investors’ appetite during the earnings call by announcing the phase of growth for azure, which is Azure OpenAI. With the success of ChatGPT around

Chegg drops more than 40% after saying ChatGPT is killing its business

https://www.cnbc.com/2023/05/02/chegg-drops-more-than-40percent-after-saying-chatgpt-is-killing-its-business.html

Chegg shares tumbled after the online education company said ChatGPT is hurting growth, and issued a weak second-quarter revenue outlook. “In the first part of the year, we saw no noticeable impact from ChatGPT on our


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