1. Retail Stock Buying 40% Higher than 2020 at this Time.
From Dave Lutz at Jones Trading
2. Energy Bull Run but Natural Gas Nowhere
UNG Natural Gas Fund stuck bouncing along lows
3. Semiconductor ETF -15% from Highs.
Tech Leader Semiconductors close below 50day moving average trade back to Dec. 2020 levels
4. Momentum ETF -16% from Highs.
MTUM closes just above 200 day moving average
5. Biotech -15% from Highs.
Another growth leader biotech trades down to 200 day
6. Tesla -35%+ from Highs ….Put in perspective vs. VW Marketcap
Not even back to 50 day moving average on longer-term chart ….still 100+ points over 2020 highs
7. Zoom Market Cap was Briefly Equal to Exxon….See Latest Shift.
Michael Antonelli, @BullandBaird
https://twitter.com/BullandBaird
8. Just When Investors Quit on Small Cap Value………Since Sept. 1 2020…Russell 2000 Value +55% vs. Nasdaq 100 +4%
Ben Carlson Ritholtz Twitter
https://twitter.com/awealthofcs
9. Coinbase Is Said to Be Valued at $90 Billion in Private Auction
By Crystal Tse and Katie Roof
Cryptocurrency exchange’s shares privately traded at $350 each
Direct listing this month is set to be big first for Nasdaq
Coinbase Global Inc. shares changed hands at a roughly $90 billion value last week, in what could be the final chance for investors to trade its private stock before the cryptocurrency exchange goes public, according to people familiar with the matter.
That valuation is based on $350 a share, the price the stock was trading at on the Nasdaq Private Market auction that ended last Thursday, the people said, asking not to be identified because the information was private.
Thursday’s auction was the last time shares are being sold on the Nasdaq Private Market before Coinbase goes public in late March, the people said.
Some of the shares had traded at $375 earlier in the auction, which would roughly value the company at close to $100 billion, they added.
Private trading is more restrictive and volumes are usually smaller than in the public markets, and not a perfect picture of the company’s value. The Nasdaq private market is a division of Nasdaq devoted to trading shares in companies before they go public.
Ahead of the direct listing, the Nasdaq still needs to set a reference price for investors, which is partly based on private trading activity. These private trades aren’t necessarily indicative of where the stock will actually trade.
Representative for Coinbase and Nasdaq declined to comment.
Nasdaq First
The offering will be the first major direct listing, an alternative to a traditional IPO, to take place on the Nasdaq. All such previous listings were on the New York Stock Exchange, including those by Spotify Technology SA, Slack Technologies Inc., Asana Inc. and Palantir Technologies Inc.
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Online video game company Roblox Corp. has also announced that it’s planning a direct listing, after earlier delaying its IPO and raising capital privately.
Coinbase won’t raise any proceeds in the transaction, according to its filings with the U.S. Securities and Exchange Commission. The company didn’t list an address for its headquarters, saying that instead it became a “remote-first” company in May.
For More: Coinbase Reveals U.S., State Probes as It Seeks to Go Public
The company swung from a loss to a profit of $322 million last year on net revenue that more than doubled to $1.14 billion, according to its filings.
Started in 2012, Coinbase has raised more than $500 million from backers that include Y Combinator and Greylock Partners, Tiger Global Management, Andreessen Horowitz, Ribbit Capital, Union Square Ventures and co-founder Frederick Ernest Ehrsam III among its biggest shareholders, filings showed.
Owners of Coinbase’s Class A common stock will be allowed to sell in the listing and won’t be subject to lock-up agreements. Class A stock carries one vote per share, while Class B has 20, according to the filing.
10. Foods That May Protect Against Dementia
RADICCHIO: SDSTOCKPHOTO; BLUEBERRIES: JULARTE; APRICOTS: FFOLAS; BEET GREENS: MAGPIE3STUDIO; BEANS: RAWF8; iSTOCKPHOTO
Older adults who munched, crunched, and sipped the most flavonols—beneficial compounds in fruit, vegetables, tea, and wine—were 48 percent less likely to develop Alzheimer’s disease than people who consumed the least, according to a January 2019 report in Neurology. “This observational study does not prove cause and effect, but it adds to the idea that food is very important for brain health,” says the study’s lead author, Thomas M. Holland, MD, a researcher at Rush University in Chicago.
Dr. Holland and colleagues tracked 921 women and men for three to nine years, using yearly cognitive and memory tests plus in-person medical exams to diagnose dementia likely caused by Alzheimer’s. Participants—who had no signs of dementia at the start of the study—filled out annual food questionnaires, which the scientists used to estimate daily flavonol intake. Those who consumed at least 15.3 milligrams of flavonols—the amount in a small leafy green salad, one serving of cooked vegetables, or a half-cup of berries—per day had the lowest risk even after researchers adjusted for exercise levels, education, mentally stimulating activities, and the APOE4 gene, which increases the risk of developing Alzheimer’s in late life.
“Flavonols have anti-inflammatory and antioxidant properties,” Dr. Holland explains. “Antioxidants help destroy free radicals, which damage cells. Anti-inflammatories reduce inflammation, a natural process that can damage cells if it is overactive or sustained for too long.” In animal studies, flavonols boosted memory and learning and decreased Alzheimer-like brain changes.
“The study strengthens the argument for a potentially beneficial role of fruits and vegetables in brain function and provides an additional reason to consume them,” says Nikolaos Scarmeas, MD, associate professor of clinical neurology at Columbia University in New York City and the National and Kapodistrian University of Athens, Greece, who was not involved with Dr. Holland’s study.
“Flavonols may hold promise for promoting brain health,” says David Seres, MD, associate professor of medicine at the Institute of Human Nutrition at Columbia University in New York City. “But we need long-term, randomized, controlled studies involving thousands of people willing to follow a diet for several years to show that flavonols affect the human brain and that those benefits reduce the risk for Alzheimer’s.”
One such study is the US Pointer trial, which began earlier this year. During the two-year intervention, which involves 2,000 participants, researchers will investigate the effects of a healthy diet, exercise, brain-stimulating activities, socialization, and controlling cardiovascular conditions (such as high blood pressure) on Alzheimer’s disease and dementia risk. It’s based on the Finnish Geriatric Intervention Study to Prevent Cognitive Impairment and Disability, known as FINGER, in which participants who changed their habits experienced significant improvement in their thinking and memory compared with a control group.
“We estimate results in six or seven years,” says Dr. Holland, assistant trial director and medical advisor for the study’s branch at Rush University.
Until then, experts agree that a healthy diet is important for preventing poor blood circulation in the brain, which increases the risk of stroke, subtly damages small blood vessels, and contributes to vascular dementia, the most common cause of dementia after Alzheimer’s disease. (Often people have both vascular dementia and Alzheimer’s.)
To keep your brain in good shape, the experts recommend these lifestyle shifts:
Adopt healthy habits. “Flavonols are just one component of a healthy diet, and a healthy diet is just one part of prevention,” says Dr. Holland. An easy checklist to follow to lower the risk for cerebrovascular disease is the American Heart Association’s “Simple 7”: Eat healthy, exercise, quit smoking, maintain a healthy weight, prevent or treat high blood pressure, check for and treat high blood sugar, and avoid or treat high cholesterol. Also, remain socially engaged and participate in brain-stimulating activities. In a Mayo Clinic study published in Neurology in August 2019, older adults who played card games, did crossword puzzles, used a computer, or did crafts had a lower risk for developing mild cognitive impairment than those who didn’t.
Modify your meals. A good diet includes more produce and whole grains and less added sugar and saturated fats. “Try having a salad containing raw leafy greens every day or every other day, plus another cooked vegetable you like and some berries every day,” suggests Dr. Holland. “Choose colorful fruits and vegetables, so you get a wide range of vitamins, minerals, and other beneficial bioactives—components such as flavonols that influence physiological and cellular activity in the body.” Cook with seasonings like fresh dill, oregano, parsley, and tarragon; they all have flavonols. Tea, olive oil, oranges, and red wine contain small amounts of flavonols, but they were among the foods that contributed most to participants’ total intake in the study.
Forgo supplements. “Although supplements may be needed for certain medical conditions, they are not a stand-in for healthy foods, which also provide vitamins, minerals, fiber, and healthy fats,” says Dr. Holland.
Flavonol-Rich Foods
In their flavonol study, researchers at Rush University in Chicago found that people who consumed the most flavonols overall had a lower risk for an Alzheimer’s disease diagnosis than those who consumed the least. You won’t find flavonols listed on the nutrition panel of food packages, but according to the US Department of Agriculture, these foods contain them:
· Almonds
· Apples, dried
· Apricots, dried
· Arugula
· Asparagus
· Beet greens
· Black beans
· Blueberries
· Broccoli
· Brussels sprouts
· Chinese cabbage
· Collard greens
· Cowpeas
· Cranberries
· Endive
· Figs, dried
· Golden raisins
· Kale
· Kidney beans
· Kohlrabi
· Mustard greens
· Okra
· Onions
· Pears, dried
· Pink beans
· Pinto beans
· Radicchio
· Red cabbage
· Rutabaga
· Salsa
· Scallions
· Sour cherries
· Spinach
· Sun-dried tomatoes
· Swiss chard
· Tomato paste
· Watercress
· White beans
· Zante currants
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