🚀 Virgin Galactic to the... stratosphere

Virgin Galactic, we have an opportunity | China puts its foot down |

Hi Reader, here's what you need to know for May 25th in 3:12 minutes.

🐕 There are few better people you could hear from in the world of crypto than Ledger’s Chief Experience Officer. As the former Beats CEO, ex-Head of Apple Music, and all-round big dog, he’s used to finding under-the-radar opportunities in crowded markets, and he’ll be giving you his thoughts on crypto this Wednesday. Sign up here

Today's big stories

  1. Virgin Galactic’s shares jumped after the company completed a successful space test flight
  2. Stock picking is important, sure, but you have a much more important decision to make when it comes to your investments – Read Now
  3. Chinese authorities are stepping up the fight against soaring commodity prices

Stars And Hypes

Stars And Hypes

What’s Going On Here?

Virgin Galactic’s successful test spaceflight at the weekend was one small step toward its real ambitions, but it led to one giant leap for the space tourism company’s shares on Monday (tweet this).

What Does This Mean?

After back-to-back delays, investors were starting to have their doubts it’d ever happen. But this long-awaited trip into space – and the company’s first rocket launch in two years – has well and truly put Virgin Galactic back on its flight path toward space tourism.

All the company needs to do now is complete two more test flights and get a license from the US Federal Aviation Administration, both of which it thinks it can do by next year. If it does, it’ll be all set to start offering flights to paying customers. And with that prospect on the horizon, investors initially sent its stock – *resists urge to make “to the moon” joke* – up 20%.

Why Should I Care?

For markets: Expensive thing, space travel. 
Still, the jump in Virgin Galactic’s share price doesn’t make up for the two-thirds of value it’s lost since its peak in February. Some investors might argue the stock’s just a bit too dicey right now: it’ll be years before the company starts to make meaningful profits, despite already having earned $85 million in deposits from tickets starting at $200,000.

For you personally: Space ETFs are stretching the definition. 
The promise of a sci-fi future has got investors giddy with long-abandoned schoolkid fantasies, so it’s a good thing there are now several space-focused exchange-traded funds (ETFs) out there. Then again, there aren’t exactly many firms in the sector to invest in, with other high-profile names – like Jeff Bezos’s Blue Origin and Elon Musk’s SpaceX – still in private hands. So it’s worth being aware that the ETFs have a much broader – and pretty tenuous – scope, tracking everything from robotics to satellite communications firms.

Copy to share story: https://www.finimize.com/wp/news/stars-and-hypes/

🙋 Ask a question

2. Analyst Take

The Single-Most Important Choice You’ll Make As An Investor

What’s Going On Here?

Imagine you’ve bought a stock, and it’s suddenly either soared or collapsed. What do you do next?

The choice you make arguably has a bigger impact than the stock you picked in the first place.

That’s because investment performance is largely dictated by what an investor does after they buy a stock – specifically, how they deal with both winning and losing positions over time.

And one man has a winning formula after analyzing thousands of trades by some of the best investment managers in the world.

So that’s today’s Insight: the smart thing to do after your stock’s soared or collapsed.

Read or listen to the Insight here

SPONSORED BY GRAYSCALE

No more crypto FOMO

Every day it feels like there are more stories about “the future of digital currencies“.

And as you save, invest, and think about your financial future, you might feel like you’re missing out on something.

But you’re not too late, and Grayscale is here to help.

Grayscale is the world’s largest digital currency asset manager, operating 14 different cryptocurrency investment vehicles.

That includes the Grayscale Bitcoin Trust: an easy way to introduce bitcoin into your portfolio using your current brokerage account.

There’s more on that below, or get started straight away.

Learn More

When you support our sponsors, you support us. Thanks for that.

Damp Squib

Damp Squib

What’s Going On Here?

The Chinese government announced over the weekend that they’re doing all they can to make commodities’ recent hot streak fizzle out.

What Does This Mean?

Between strong demand on the back of the global economic recovery and supply issues on the back of that strong demand, commodity prices have hit their highest levels in almost a decade. And that’s not cool with China, which is by far the biggest consumer of raw materials in the world.

The government, then, is in damage control mode. It summoned the top execs from the country’s metal producers to a meeting on Sunday, and made three demands of them: no colluding with one another to manipulate prices, no spreading misinformation about levels of supply and demand, and no hoarding materials to drive up prices. Investors, at least, got the message loud and clear: prices of commodities including iron ore, aluminium, and steel initially dropped on Monday.

Why Should I Care?

The bigger picture: Who isn’t afraid of inflation?
There’s a reason China’s so nervous. If the prices of commodities climb too high, it’ll push up manufacturers’ costs and, in turn, encourage them to charge customers more for the finished products. That climb in prices – i.e. inflation – could put customers off spending their money, which would be bad news for economic activity and, in the longer term, China’s economic growth.

For markets: Long live the underdog.
Commodity prices might be surging, but they’re still trading at their biggest discount to stocks on record. At the same time, they’re actually well-positioned to close that gap and overtake their higher-profile counterparts. See, if inflation edges up too high, too quickly, the world’s central banks might hike interest rates in a bid to cool down the economy. And since stocks are vulnerable to higher interest rates, investors could ditch them in favor of commodities – and looking at the recent tech sell-off, that might already have started happening.

Copy to share story: https://www.finimize.com/wp/news/damp-squib-2/

🙋 Ask a question

💬 Quote of the day

“If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.”

– Frank Wilczek (an American theoretical physicist, mathematician, and a Nobel laureate)
Tweet this

SPONSORED BY GRAYSCALE

The no-nonsense way to invest in bitcoin

You might think you’ve missed the boat on bitcoin. Not quite.

With Grayscale, you’ll find an efficient way to introduce cryptocurrency into your portfolio: no wallets, no private keys, no separate accounts.

Nope, just the world’s largest bitcoin trust, accessible from your brokerage account like any other stock, bond or exchange-traded fund.

Throw in a dedicated Knowledge Center – where you’ll be able to make sense of bitcoin’s value, how to use bitcoin to hedge, and much more – and you’re all set to start your crypto origin story.

Find out more about the Grayscale Bitcoin Trust today.

Learn More

When you support our sponsors, you support us. Thanks for that.

🌎 Finimize Live

💪 You do you (until the machines arrive)

Is artificial intelligence eventually going to hit us with the abrupt realization that the frail meatsacks we call bodies are just holding us back from true oneness with the universe? Probably. But could you profit before that happens? You sure can: just head down to How To Profit From The AI Industry on Friday.

💪 Investment Opportunities In The Circular Economy: 5pm UK time, May 25th
🌍 Why You Should Invest in Emerging Markets: 6.30pm UK time, May 25th
🎙 How To Become A Community Host: 3pm UK time, May 26th
🚨 How To Keep Your Crypto Safe: 12pm NYC time, May 26th
🛍 How To Protect Yourself From Rising Prices: 2pm UK time, May 27th
🐦 Weekly Community Stocks Chat: 6pm UK time, May 27th
📲 How To Profit From The AI Industry: 6pm UK time, May 28th
🇨🇳 How To Profit From Chinese Innovation: 5pm UK time, June 1st
🚗 How To Buy Coffee And Cars With Crypto: 4pm UK time, June 3rd
🤔 How To Understand Fundamental Analysis: 5pm UK time, June 8th
😎 How To Make Your Own Investing Rules: 5pm UK time, June 9th
🛒 How To Not Get Lost In Supermarket Stocks: 6pm UK time, June 10th
💰 How To Get Yield From Crypto: 12pm NYC time, June 14th
💡 How To Build A Robust Portfolio: 5pm UK time, June 15th
💵 How To Bet On The Rise Of Open Banking Payments: 1pm UK time, June 16th
🤑 How To Earn A Passive Income From Crypto: 12pm NYC time, June 24th
💄 How To Give Your Portfolio A Beauty Makeover: 6pm UK time, June 30th

🎯 On our radar

  1. This is why we can’t have nice things. A public safety app offered $30,000 to hunt down an alleged arsonist in LA. It was the wrong person.
  2. As if growing up wasn’t difficult enough. The seriously popular photo-editing app Facetune is getting in teens’ heads.
  3. New York City’s just approved a new pool. And it’s going to be floating in its East River.
  4. Is there anything pooches can’t do? Sniffer dogs are being trained to detect Covid-19.
  5. Death Valley, eat your heart out. Turns out there are two other places on Earth that are hotter.
❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag.

Share your unique link:

https://finimize.com/invite/?kid=177ZWC

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: Linda Moon - Shutterstock | Rynio Productions - Shutterstock

Preferences:

Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails

😴

Crafted by Finimize Ltd. | Third Floor, 1 New Fetter Lane, London, EC4A 1AN, UK.

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021

View Online

Older messages

😨 The economy's too strong

Sunday, May 23, 2021

The West is firing on some cylinders | Well howdy, Deere | TOGETHER WITH Hi Reader, here's what you need to know for May 24th in 3:04 minutes. 💰 Navigating the world of crypto ain't easy, which

📈 Whoa-tly!

Thursday, May 20, 2021

That's some strong oat milk | What does Kohl's want? A medal? | TOGETHER WITH Hi Reader, here's what you need to know for May 21st in 3:15 minutes. ♻️ You're getting a chance to hear

🦇 The hero your portfolio needs

Wednesday, May 19, 2021

DIY just keeps booming | JD.com needs a cup of joe | TOGETHER WITH Hi Reader, here's what you need to know for May 20th in 3:00 minutes. 🐦 Join us live on Twitter Spaces at 6pm BST / 1pm EST on

😎 Walmart appreciates your 2,000 bucks

Tuesday, May 18, 2021

Walmart shoppers gonna shop | The IEA gives up the ghost | Finimize Hi Reader, here's what you need to know for May 19th in 3:12 minutes. ♻️ Green bonds are a lot more colorful an opportunity than

📺 The crossover event of the year

Monday, May 17, 2021

Shark Week, HBO style | We're not in an EM any more, Toto | TOGETHER WITH Hi Reader, here's what you need to know for May 18th in 3:03 minutes. ☕️ Finimized over a mint mocha at Old City Coffee

Longreads + Open Thread

Saturday, July 31, 2021

Precariat, Metaverse, Olympics, Patronage, Warp Speed, Strauss, Oil, Bonds ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Younger and sicker

Saturday, July 31, 2021

Bloomberg Follow Us Get the newsletter The great Return to Office is grinding to a halt. Much of America Inc. had planned to get back to normal come fall, but Covid-19's delta variant had other

Weekly Wrapup: Fox In The Henhouse

Saturday, July 31, 2021

Finshots Weekly Wrapup: Fox In The Henhouse In this week's wrapup we talk about the Chinese ed-tech industry, cigarettes, India's digital currency, chicken prices and Robinhood's much-

Desperate House Hunters Are Making Offers on Homes That Aren’t Even for Sale

Saturday, July 31, 2021

Dream house not for sale? Buyers are making offers anyway. July 30, 2021 MORTGAGES Desperate House Hunters Are Making Offers on Homes That Aren't Even for Sale Dream house not for sale? Buyers are

A lot more contagious

Friday, July 30, 2021

Bloomberg The news around the delta variant in the US keeps getting worse, threatening progress toward any return to some semblance of normalcy. New data released by the Centers for Disease Control and

Is It Time to Sell Your ‘Pandemic Stocks?’

Friday, July 30, 2021

A child tax credit deadline is approaching July 30, 2021 The pandemic forced some abrupt changes, and we're just now figuring out which of those to keep and which to discard. For example, how much

Blackstone's Moment

Friday, July 30, 2021

Plus: Archegos, US Payments, Monzo, Finally ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

FTT Update: This Newsletter Is Not Offsides

Friday, July 30, 2021

​ ​ Hi all, Julie here. Writing this at 6am since WE CLOSE ON OUR HOUSE TODAY! I have to say, the worst part of the mortgage process wasn't all the paperwork, it was getting all of our money into

You And Your Investment Research

Friday, July 30, 2021

Plus! A Successful IPO from Robinhood; Convergence; Underinvestment; Consumer-Friendly Defaults; The Amazon Rollup Boom ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

A look at Robinhood's IPO

Friday, July 30, 2021

Finshots A look at Robinhood's IPO Robinhood is going public after having raised some $2.1 billion on NASDAQ at a $32 billion valuation. So we thought maybe we could look at the company and see