MicroStrategy (MSTR), which now owns more than 92,000 Bitcoins, fell $35 a share. All after Bitcoin plunged to less than $40,000. Fueling the pullback, China just “banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading,” says Reuters. Plus, weeks after fueling a Bitcoin rally […]
Finding Stable Investments in an Unstable Market
I find it a bit strange to say this, considering everything that happened last year, but we are in a period of unprecedented uncertainty as far as investing goes. I regularly read and hear commentary covering both sides of where the stock market will go for the rest of 2021. As I went through my […]
Taking a LEAP on Intel To Double Our Money
Shares of Intel (INTC) are down 20% from their early-April 52-week high of $68.49, despite reporting solid first-quarter earnings in late March. The company reported a profit of $1.39 a share on revenue of $19.7 billion versus forecasts of $1.15 and $17.9 billion, respectively. While this was great news, INTC lowered current quarterly numbers to […]
A Possible 456% Winner From This Gambling Stock
The financial markets got something of a shock last week, with a higher-than-expected consumer price index (CPI) print. The CPI is a popular measure of consumer prices, so a spike in CPI suggests inflation. On the day of the CPI print, stocks sold off sharply. Clearly, investors were spooked by the specter of looming inflation. […]
FATE Stock Price Moving on New Phase 1 Data
Just days ago, the company announced encouraging Interim Phase 1 Data for iPSC-derived NK cell programs in relapsed / refractory acute myeloid leukemia. “We are highly encouraged by these Phase 1 data in patients with relapsed / refractory AML, which clearly indicate that off-the-shelf, iPSC-derived NK cells administered as monotherapy in the outpatient setting were […]
Colonial Pipeline Shutdown Puts All Pipelines Back in Vogue
The ransomware attack and subsequent shutdown of the Colonial Pipeline drew a lot of awareness to how much our economy depends on fuels delivered by pipelines. Gas stations from the southeastern U.S. all the way up to New Jersey are out or will soon be out of fuel to sell. Airlines may not be able […]
Is the Tech Sector Cooling Down?
Click the video to watch this weeks Serge Berger Weekly Options Trade
FCX Stock Price Rising on Copper Price Surge
Freeport McMoRan (FCX) could see higher highs on the copper supply-demand fiasco. according to Barron’s, “Supplies, already tight as the global economy recovers, could be further strained by a predicted fivefold rise in green energy demand in the current decade, leading to significant shortages, starting in the mid-2020s, according to a report by Goldman commodity […]
A Guide to Capital Gains Yield and How It’s Calculated
Capital gains yield plus dividend yield determines your total stock return. This guide will help you understand CGY and how it’s calculated.
You Will Need More Income, and Soon: Inflation is Coming
The global coronavirus pandemic disrupted the global “just in time” manufacturing strategy at a level that is just now starting to become clear. Manufacturers now have to live with unforeseen parts shortages, such as the computer chip shortage that have caused companies like Ford Motor Company (F) to cut back severely on its production plans. […]