Thursday, December 26, 2024
It’s been a long time since Exxon Mobil (XOM) has been in the news. The oil powerhouse used to be the largest company in the world, but now it doesn’t even crack the top 50 companies in terms of market cap. However, the stock was up 5% one day last week after the company made […]
Gold has been around since the beginning of time. It sits in a lump, doesn’t pay interest; yet governments around the world hoard it, and investment pundits recommend we own some. As kids, we watched movies about pirates stealing it, governments fighting over it and women swooning when they receive it as a gift. Warren […]
Amidst all the daily headlines and news right now it is very difficult to see through the next few months for a lot of traders and investors. Quite frankly, it may be confusing to follow along in any logical manner. So we want today to take a little bit of a step back and look […]
There is no doubt there is a conflict brewing between the United States and China. But I don’t expect this fight to play out on the battlefield. Instead, it brings to mind the Cold War between the U.S. and the Soviet Union. This new cold war has one major similarity with the old one: the […]
Shares of Piedmont Lithium (PLL) exploded again to a high of $49.95 after trading at just $8.79 in mid-September 2020. The stock is still running after signing a deal with Tesla to help secure lithium supply. “The deal is for five years of lithium-ore supply with an extension for another five years. Deliveries are expected to start […]
Short selling is a trading strategy to bet that a stock price will fall. However, if many traders all short the same stock and the trade turns against them, they can get caught in a money-losing short squeeze. For high-yield stocks, selling short is often a bet on a dividend cut. When that doesn’t happen, […]
Nio (NIO) has become one of the hottest electric vehicle (EV) stocks on market. Since bottoming out in May 2020 around $3.18, the stock has exploded to $21.18. From here, stock could see higher highs after reporting another record month of deliveries. In September 2020, the company said it delivered 4,708 vehicles – a growth […]
One of the more intriguing current trends in U.S. investing is the growing number of strategic ETFs that have become available to investors. Index investors have typically used ETFs like SPY to capture the action of the broader market. However strategic ETFs represent or emulate an entire trading strategy, rather than just tracking an index […]
Tech remains the most interesting sector when it comes to unusual options activity. Just recently, options traders were very active in Datadog (DDOG) options. DDOG is a software analytics company that just announced a big deal with Microsoft. The stock jumped higher on the news, over 17% on the week of the announcement. So far, […]
No matter which side you favor in the upcoming U.S. Presidential election, once the results are finalized, we will live with the outcome for the next four years, at a minimum. For investors, one change to consider is Joe Biden’s plan to increase the corporate income tax rate significantly. A Biden win should provide a […]
