Yesterday, I wrote a piece about the power of long-term investing in the stock market. In the hypothetical case whereby somebody was the unluckiest possible person, and by that I mean they started investing right at the stock market peak on December 29th 2021, I tracked how their portfolio would have done. If they had… Continue reading Will there be a recession? Forecasts shift as banking turmoil subsides but inflation rages on
Stock Research
Charles Schwab receives a rare downgrade as outflows rise
Charles Schwab (NYSE: SCHW), the well-known broker and bank, received a rare downgrade by a Morgan Stanley analyst as concerns about its outflows continued. In a note, Michael Cyprys, warned that the company’s clients were withdrawing money from its low-interest accounts at a faster pace than expected. As a result, he slashed his rating for… Continue reading Charles Schwab receives a rare downgrade as outflows rise
IWG share price analysis: where fundamentals meet technicals
IWG (LON: IWG) share price has sold off in the past few days as technology companies continue their layoffs. The stock was trading at 159.55p on Thursday, which was about 20% below the highest point this year, meaning it has moved to a bear market. It has dropped by ~66% from its highest level in… Continue reading IWG share price analysis: where fundamentals meet technicals
Riot Blockchain, Marathon Digital stocks roar as Bitcoin price soars
Crypto mining stocks roared back as cryptocurrencies continued their comeback. Riot Blockchain (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) jumped by ~13% and ~10%, respectively on Wednesday. Bitcoin price targets $30,000 The crypto industry has had a mixed week. On the one hand, Bitcoin and other altcoins have made a strong comeback. Bitcoin is now… Continue reading Riot Blockchain, Marathon Digital stocks roar as Bitcoin price soars
NASDAQ 100 is on track for more gains as it enters bullish market territory
Only two trading sessions are left from the first quarter, and the stock market is on track to make more gains. NASDAQ 100, in particular, is on a mission after it jumped more than 20% from its December lows. According to the textbook definition, whenever the market does that, it officially leaves the bear market… Continue reading NASDAQ 100 is on track for more gains as it enters bullish market territory
Faraday Future stock price: Lessons from Rivian, Lucid
Faraday Future (NASDAQ: FFIE) stock price retreated this week even as the company made a major announcement on Wednesday. The shares dropped to a low of $0.3544, the lowest level since January 10 of this year. It has plunged by almost 100% from its highest point on record. Uncertain future ahead Faraday Future, an electric… Continue reading Faraday Future stock price: Lessons from Rivian, Lucid
Nasdaq 100 index, QQQ stock are on the cusp of a bullish breakout
The Nasdaq 100 index and Invesco QQQ stock have moved to a bull market as technology companies continue their strong comeback. QQQ, which is the biggest Nasdaq 100 ETF, jumped to a high of $313.71, which is ~20% above the lowest point since December 23rd and ~22% above its November lows. Technology rally continues The… Continue reading Nasdaq 100 index, QQQ stock are on the cusp of a bullish breakout
S&P 500 could hit 4,600 by the end of the year: Ed Yardeni
S&P 500 is currently up more than 5.0% versus the start of the year, which, Ed Yardeni says, is a only a trailer of what’s to come. Yardeni explained his bullish view on CNBC That’s an interesting call since many are still worried about the recent bank failures. On top of that, there’s fear of… Continue reading
S&P 500 could hit 4,600 by the end of the year: Ed Yardeni