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Reed Hastings' Ski Community Plans 🏔️
Ryan Serkes
March 07, 2025
The
Daily Trade
Hey Daily Traders,
Today, U.S. automakers face a mixed bag as President Trump's temporary delay on auto tariffs provides only a fleeting relief. The brief exemption period leaves giants like Ford and GM scrambling to adjust supply chains, with analysts warning of potential price hikes and sales dips.
Meanwhile, Virginia's blockchain ambitions get a boost with a new partnership between the Virginia Blockchain Council and Gentry Locke, aiming to position the state as a leader in blockchain policy. This collaboration highlights Virginia's proactive stance in the digital economy, promising a fertile ground for blockchain innovation and investment.
Here's what's happening today:
- 🚗 Auto tariffs reprieve won't shield U.S. automakers.
- 🌐 Virginia leads blockchain policy with new partnership.
- 🏔️ Netflix co-founder bets big on private ski community.
- 📈 Greenwave CEO to discuss metal tariffs impact on TV.
- 🤼 Silver Lake and hedge funds clash over Endeavor bid.
Question
Would you consider investing in a private ski community like Reed Hastings' Powder Haven for exclusive access and luxury living, or do you prefer the traditional public resort experience?
Reply to this email with your answer
Stock Market  President Donald Trump's temporary reprieve from the 25% tariffs on vehicles and auto parts from Mexico and Canada has been met with mixed reactions from U.S. automakers. While the exemption provides a brief respite, industry experts believe it won't allow enough time for companies like Ford and GM to make necessary adjustments to their supply chains. The automotive industry, which has spent decades expanding globally, faces challenges in quickly relocating production to the U.S. amidst the ongoing trade war. Automakers are concerned about the short timeline and the impact of Trump's tariffs on their operations. With only a monthlong grace period, companies are analyzing their inventory and parts stock to mitigate potential disruptions. The complexity of supply chains and the impending steel and aluminum tariffs add to the uncertainty. Analysts warn that the tariff exemption is not enough to shield automakers from the broader economic impact, which could lead to higher vehicle prices and reduced sales. Key Takeaway
|
Stock Market The Virginia Blockchain Council has announced a strategic partnership with Gentry Locke, a respected law and consulting firm, to advance blockchain policy initiatives in Virginia. This collaboration aims to position Virginia as a leader in blockchain innovation and economic development by providing policymakers with insights and guidance on regulatory clarity. The partnership seeks to create a policy environment that supports blockchain growth while maintaining responsible governance. Gentry Locke brings expertise in emerging technologies and public policy, which will be instrumental in crafting policies that balance innovation with oversight. The collaboration will engage lawmakers, industry leaders, and stakeholders to advocate for legislation that promotes blockchain adoption. This initiative underscores Virginia's commitment to being at the forefront of the digital revolution, attracting blockchain entrepreneurs and investment to the state. Key Takeaway
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Stock Market  Netflix co-founder Reed Hastings is transforming Powder Mountain in Utah into a private ski community called Powder Haven. Hastings aims to attract 650 homeowners with the promise of exclusive skiing access and luxury living at 9,000 feet. The community offers a unique blend of rugged outdoor experiences and high-end amenities, appealing to a niche market of affluent individuals seeking solitude and adventure. Hastings' investment includes significant improvements to the ski area, with plans for new lifts, a private lodge, and enhanced infrastructure. The project represents a shift towards private skiing as a luxury offering, catering to those who value exclusivity and are willing to pay for a premium experience. Powder Haven's development is part of a broader trend of private ski clubs offering an alternative to crowded public resorts. Key Takeaway
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Stock Market Danny Meeks, CEO of Greenwave Technology Solutions, is set to be interviewed on Fox Business Network's Varney & Co. to discuss the impact of President Trump's 25% steel and aluminum tariffs. Greenwave, a major supplier of recycled metals, anticipates increased demand and profit margins as the U.S. shifts towards domestic metal sourcing. The company's strategic position in the Mid-Atlantic region places it at the center of these industry changes. Greenwave's revenue guidance for fiscal year 2025 has been raised to $47-50 million, reflecting optimism about the tariffs' impact on the metal recycling industry. The interview will highlight how Greenwave is poised to benefit from the tariffs, positioning itself as a key player in the U.S. metals market. The company's role in infrastructure projects and national security further underscores its significance in the industry. Key Takeaway
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Stock Market  Silver Lake Management is facing a challenge from hedge funds over its bid to acquire Endeavor Group Holdings Inc., the parent company of WWE and UFC. Silver Lake's offer to buy out minority investors at $27.50 a share has been met with resistance from hedge funds, which believe the deal undervalues Endeavor due to its controlling interest in TKO Group Holdings. The funds are betting on a higher deal payoff, pushing Endeavor's stock price above the buyout offer. Hedge funds are considering legal pathways, such as appraisal rights, to secure a higher valuation for their shares. Silver Lake's firm stance on the current terms has not deterred investors, who remain confident in their strategy. The outcome of this faceoff may have significant implications for Endeavor's valuation and the broader market dynamics in the entertainment and sports sectors. Key Takeaway
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Today's Technical Analysis
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Hold |
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Hold | ULTOSC Buy | STOCH Buy |
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Hold |
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
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