Yesterday we talked about the catalysts and technical set up for the extension of this move higher in oil prices. Today, of the top 20 performers in the S&P 500, 11 of the top 20 were oil and gas companies. These stocks were up anywhere from 4% to 8%. And this is not an aberration… More
getty April was certainly a solid month for stocks, but will this month pay homage to the âSell in May and Go Awayâ strategy or will we see a new trend emerge? Of course, many investors would prefer to play the long game and own high quality companies in a diversified basket of stocks via… More
Getty getty When he passed away last week, Bernie Madoff still had 139 years left on his prison sentence. Anyone over the age of 30 remembers the storyâMadoff swindled thousands of investors for billions of dollars, running one of the most elaborate Ponzi schemes in history. In an ideal world, Madoffâs conviction would have been… More
getty The market ticked up somewhat after Thursdayâs violent sell-off due to concerns of tax hikes. The Biden administration has already discussed hiking the corporate tax rate to 28% to fund their $2 trillion infrastructure bill. But on Thursday, news broke that they are considering hiking the capital gains tax rate for all those earning… More
The total value locked in Venus soared to a record $11.1 billion as DeFi users flock to the platform in search of attractive yields. Binance Smart Chain (BSC) has rapidly risen to prominence in 2021 as high transaction costs and congestion on the Ethereum (ETH) network led smaller-size investors to search for cheaper alternatives.One of… More
Early retirement handwritten in a note. getty This âstocks-up, yields-downâ market is clobbering income investors. With stock prices floating higher, yields are crumbling to dust: with the 1.3% payout on the typical S&P 500 stockâa 20-year lowâyouâd need to invest $2.2 million to get just $2,500 a month in dividends! (And letâs not forget that… More
Stock market on target getty It was another good week for the stock market, as many of the market averages made further new highs. After the April 1 surge by the S&P 500 above 4000, this was certainly not surprising. It was also a good week for the European markets, as the German DAX and the… More
Photographer: Patrick T. Fallon/Bloomberg © 2020 Bloomberg Finance LP Here is the short-term market analysis and two long stock recommendations. The S&P cycles have bottomed. From March 26 to April 11, the S&P has risen 66.3% of the time for an average 17.6% gain or an expected return of 11.7%, the second lowest among the… More
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChainâs recent breakout to a new all-time high. Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that… More
Topline Moodyâs Analytics chief economist Mark Zandi said Monday that President Bidenâs massive infrastructure plan could actually slow the economy down in the short termâhereâs why. WASHINGTON, DC – APRIL 2: U.S. President Joe Biden speaks about the March jobs report in the State … [+] Dining Room of the White House on April 2,… More
Getty Confidence was surging this morning with the big jobs report beat from the Good Friday holiday. The Labor Department noted that nonfarm payrolls increased by 916,000 in March, and the unemployment rate fell to 6% – this was far beyond expectations of the 675,000 gains economists were expecting. Given the holiday Friday, pent up… More
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasnât stopped the top DeFi projects from developing and strategizing how to… More
Topline GameStop shares plunged Wednesday after the long-struggling Grapevine, Texas-based gameseller reported earnings that failed to impress analysts, but the firm’s new ecommerce push prompted one expert to release Wall Street’s most bullish price target, marking the first analyst to say that a turnaround could actually justify GameStop’s meteoric valuation. Jefferies just upped its GameStop… More
The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins. In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effectâ. The recent announcement that… More
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero… More
AAPL 
GOOG 
MSFT 
AMZN 
TSLA 
FB TWTR 
DELL 
INTC 
AMD 
NVDA 
WMT