SoFi Technologies: Wait For The Gift To ComeSummary SOFI's initial post-earnings surge has lost its sizzle, plummeting almost 20% from its recent highs. Savvy investors who bought at its late 2022 lows probably capitalized on the late buying frenzy to prudently reduce their exposure. SoFI shines a light on its path to GAAP profitability. Therefore, astute investors still on the sidelines should exploit the pullback and consolidation to accumulate more. I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »Justin Sullivan$SoFi Technologies In
VTEB: Simple Muni Bond Index ETF, But Better Choices Out Therestocklapse/E+ via Getty ImagesThe $Vanguard Tax-Exempt Bond ETF(VTEB)$ is a simple muni bond index ETF. VTEB's holdings have extremely low credit risk, moderate interest rate risk, and its dividends are tax-exempt. On the other hand, dividends are quite low, with the fund sporting a TTM dividend yield of only 2.1%, and an SEC yield / forward yield of 3.0%.In my opinion, although VTEB seems like a reasonable investment for more conservative investors wishing to minimize their tax burdens, the fund's overall value proposition is not very compelling. Several investments offer broadly superior, although not identical, value propositions to VTEB. As such, I would not be investing in the fund at
$Bilibili Inc.(BILI)$ From a technical perspective, Bilibili Inc. Sponsored ADR (BILI) is looking like an interesting pick, as it just reached a key level of support. BILI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts.There are three stages to a golden cross. First, there must be a downtrend in a stock's price that even
$DiDi Global Inc.(DIDIY)$ What a scam and many fall for it, unfortunately. What's clear is that there is a lot of manipulation around DIDI from everywhere, including from money from China, looking to scoop shares at a low price before the sp starts going up.Patience is a virtue. I'm going to ignore all these insanities and wait for high $20s to sell my shares.GLTL!