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The markets once again had a strong week, with all three indexes posting strong gains last week. This came amid a mixed bag of economic reports. As I mentioned in last Friday’s Market 360, the CPI (Consumer Price Index) report was solid, showing inflation came in below economists’ expectations. The PPI (Producer Price Index) report, ...
Key Points Bitcoin’s popularity stems from its reputation as a store of value and hedge against inflation. While Bitcoin has disrupted the idea of traditional commerce, Ethereum is the leading platform for decentralized finance applications. As decentralized finance use cases evolve, Ethereum is positioned to become the core infrastructure powering a new financial applications. 10 ...
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see ...
Here’s a quick recap of the crypto landscape for Monday (August 18) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$115,446, a 2.5 percent decline in 24 hours. Its lowest valuation ...
Key Points Tesla’s heavy reliance on Elon Musk adds significant leadership risk. Increasing competition from established automakers and Chinese EV makers is pressuring Tesla’s dominance. Investors need to be comfortable with Tesla’s high valuation. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) has long been the front runner in ...
Key Points With the major market indices hitting new highs, some investors are cautious and bracing for a correction, especially with August being a historically weak month for the markets. There are always risks in the stock market, of course. One way to mitigate downside volatility is to allocate some funds to growth stocks that ...
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 18th: CION Investment Corporation CION: This business development company which primarily provides senior secured loans to U.S. middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days. CION ...
Key Points The robotaxi industry could reach hundreds of billions of dollars in revenue. Humanoid robots could lift Tesla’s market cap to $25 trillion. Neither will contribute meaningful revenue in the short term, but each could be transformative over the next decade. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: ...
There hasn’t been a whole lot of change on the daily time frame across indices. The ($INDU/$DJIA/$DIA) has been indicating a possible breakout on the daily time frame, but it’s now looking so on the weekly time frame; this week is as good as any to see this happen. There was a fresh ’buy’ trigger ...
Key Points Warren Buffett and Berkshire Hathaway’s team of investors continued a recent trend in trimming down their positions in Apple and Bank of America. Apple is Berkshire’s top holding, while Bank of America is the large conglomerate’s third-largest holding. Berkshire’s biggest buy in the quarter involved a beaten-down health insurance stock. 10 stocks we ...
The whipping post
The whipping post
The whipping post