Bitcoin hit 1 Trillion dollars today and Mark Yusko and Preston talk about what this means for the path moving forward.
Bulls: -The stock market is going up -There is positive momentum -The term “bulls” is used because of the way a bull attacks (on an upward pattern) -The phrase “a bull for McDonald’s” means you are long or positive on McDonald’s Bears: -The stock market is going down -There is negative momentum -The term “bears”
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.
In this article XOM CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron reported a second straight quarter of profits Friday as improving demand for petroleum products and a jump in oil prices boosted operations. The
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
Navigating the stock market is never easy, particularly in these times. Although the markets are on fire, value investors are still squeamish on which stocks to buy. After all, this economy is dominated by electric-vehicle (EV) plays and SPACs, or special purpose acquisition companies. Understandably, the whole situation can confuse the best trader. That’s why
With Covid-19 vaccination rates slowing around the world, now is not the time to buy biotechnology company Novavax (NASDAQ:NVAX) stock. Source: Ascannio/Shutterstock.com NVAX stock fell 10% between July 20 and July 27 as hope fades that the company will be able to get its Covid-19 vaccine to market in time to capitalize on demand for
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) just reported stellar second-quarter results, in terms of both revenue and earnings. But even more importantly, its free cash flow (FCF) grew substantially, both in absolute numbers and FCF margins. As a result, I believe that GOOG stock is now worth at least 30% more or $3,554 per share. This article will
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of
In this article CPRI HOOD CAT CVX PG XOM Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing
Electric vehicle (EV) stocks have seen renewed enthusiasm recently. However, this optimism has provided little solace for long-time investors in Workhorse (NASDAQ:WKHS). The stock has more than doubled from its low point in May around $7 to a recent high of $18. WKHS stock closed today trading at $11.46 per share, which is a long
Over the last few weeks, there have been more than enough reasons to be skeptical about the record-breaking run in equities. Recently, I’ve been harping on the ridiculous amount of speculation in the market. But even more problematic is the Covid-19 pandemic. Just when you thought the crisis was fading into the rearview mirror, cases
As SoFi Technologies (NASDAQ:SOFI) stock falls back to around $15 per share, is now the time to buy? Not really. Over a long enough timeframe, entering a position in the fintech company’s shares right now could end up being a highly profitable move. Source: rafapress / Shutterstock.com Assuming of course, that it becomes the next
The investment community and financial media tend to obsess over interest rates and for a good reason. Interest rates refer to the cost someone pays for the use of someone else’s money. When the Federal Open Market Committee (FOMC), which consists of seven governors of the Federal Reserve Board and five Federal Reserve Bank presidents,
In this episode of The Investor’s Podcast, Hari Ramachandra discusses his investment in the Pabrai Funds, managed by the emerging, and newly famous, Mohnish Pabrai. Pabrai has adopted the same principals as Warren Buffett, and Hari discusses the similarities and differences during the episode. Hari also discusses his experience of attending Pabrai’s shareholders meeting. IN
Some people don’t understand that you can actually be a seller of options. They think that you can only buy a put or buy a call, but this is not the case. Just like a car dealer will sell you a car before it’s even in their inventory, you can do the same thing with
Kevin Matras shows how to nearly mimic the underlying stock with half the amount invested.
MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
In this article AMZN TXRH GILD PG PVH HOOD In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell 6.5% after the tech giant’s second-quarter
ContextLogic (NASDAQ:WISH) is well-positioned to benefit from the turbulence that China-based e-commerce companies are facing. Further, after outlining multiple, positive catalysts in my previous column on WISH stock, published on June 28, I have identified several more drivers that are likely to boost the shares over the longer term. Source: sdx15 / Shutterstock.com Among these