Tuesday, November 19, 2024
Paysafe (PSFE) is a recent special purpose acquisition company (SPAC) that began trading on the New York Stock Exchange at the end of March, following its merger with Foley Trasimene Acquisition II Corporation. The company has made a mark everywhere in the gaming world, with digital wallets and eCash solutions in a sector that is […]
I often refer to covered calls as the third leg of a balanced, income-focused investment approach. (Three legs because it takes at least that many to make any chair or table stable and functional—the others are cash flow with high-yield stocks like in the Dividend Hunter and stocks consistently growing dividends like those in my […]
This past week, we saw an unusually large amount of options action in Advanced Micro Devices (AMD). The chipmaker saw over 1 million options contracts trade, which is 2.6x the normal amount. Almost 80% of the volume was in calls, which tends to be a bullish signal. AMC is up sharply after news that competitor […]
30% of consumers 16+ are using a new technology that also works as a social media opportunity. Right now, stocks aren’t reflecting the massive demand this new technology handles. And, funny enough, my daughter showed me the potential of this technology recently. After doing my own research this one stock — and the sector — […]
Have you thought about dipping your toe in options trading? We’ll explain three basic options trading strategies and who they’re best for.
Byrna Technologies (BYRN) is a company that most investors might not know about and an alternative for people who simply don’t like guns to protect themselves. There are many options for purchasing CO2 air pistols versus traditional firearms and BYRN has some unique products worth mentioning. The company claims to be the best-in-class when it […]
This past week’s big political and economic news came from a long-awaited bipartisan agreement on a physical infrastructure bill. There is still a long way to go before the bill can pass, but it does seem like the groundwork is there. The most recent iteration of the agreement is only focused on physical infrastructure. The […]
The meme stocks have continually been the most active traded options contracts over the last few weeks. However, you never know which meme stock will be in the spotlight from week to week. This past week, Workhorse (WKHS) was one of the big movers, up nearly 10% on one day in particular. On that day, […]
There’s a scene in the movie, “The Big Short”, where Brad Pitt’s character berates his two partners. His partners are parading through a Las Vegas casino celebrating shorting the market. “Don’t dance! You just bet against the American economy. If we’re right, people lose homes, jobs. For every 1% unemployment goes up, 40,000 people die, […]
Well-known cybersecurity company McAfee (MCFE) has been around for decades and trades on the major stock exchanges. However, new investors might not know that more than a decade ago, Intel (INTC) bought the company for $7.7 billion in a surprise deal. In September 2016, Intel decided to sell a majority stake in McAfee to private […]
