Shares of Tesla Inc. (TSLA) are moving higher, as the company nears Battery Day on Sept. 22. Anticipation is high the company will unveil a new battery that could last for up to a million miles before it gives out on that day. “The million-mile battery could profoundly change the business model of electric vehicle […]
Producing 100% Total Returns From Busted Dividend Stocks
In the early days of the coronavirus pandemic, hundreds of companies slashed common stock dividends. Many saw business operations significantly affected and did not have the cash to pay the previous dividend rate. Others chose to cut dividends as a defense against a suddenly uncertain future. In both cases, income-focused investors were devastated as share […]
Trade of the Week: Workhorse (WKHS)
Investors have been very high on electric vehicle companies so far this year. While Tesla (TSLA) gets the most press as the leader in the industry, there are several smaller players who have seen plenty of action. One of these companies is Workhorse (WKHS), which makes electric delivery vans. WKHS has gotten a lot of […]
LAC Stock Price Surges 16% on Monday
Since March 2020, shares of LAC have run from a low of $1.92 to $7.66 – and could potentially turn higher. All on expectations of higher lithium prices, with demand outweighing supply. And all thanks to electric vehicle (EV) sales that are growing much faster than anyone expected. In fact, according to a new study […]
ARCC, GBDC, ORCC Are All Trading At a Discount and Paying Over 10%
The coronavirus pandemic and resulting financial crisis turned investors either for or against different stock market sectors. Tech, biotech, drug companies, and large-cap retailers landed on the “loved by investors” list. Energy, financials, and even utilities fell out of favor and remain down for the year, even as the major indexes stay at or near […]
Here’s the Trade on SLV For the Next Leg Up
After several weeks of slow and steady climbing, stocks have finally shown vulnerability over the past week. Tech stocks in particular have taken a pretty sizeable beating; however, most of the big-name tech companies are still solidly in the black for the year. Nevertheless, some of the best performers this year are seeing massive selling […]
What Revealing the ‘Nasdaq Whale’ Says About Crowded Trades
I’ve always been a great fan of mysteries. But who needs Agatha Christie to weave a story when we have the U.S. stock market? Everyone has been wondering what’s sent technology stocks (mainly in the Nasdaq) on a parabolic journey. A major institutional buyer, mysteriously nicknamed the “Nasdaq whale” by traders, dominated the never-before-seen massive […]
AZN Stock Price Plunges on News of Adverse Event in COVID-19 Vaccine Trial Volunteer
Shares of AstraZeneca PLC (AZN) pulled back earlier this week after the company paused its COVID-19 vaccine trial. That followed an unexplained illness in one of the trial volunteers. In an emailed statement, AZN said: “As part of the ongoing randomized, controlled global trials of the Oxford coronavirus vaccine, our standard review process was triggered […]
Double Digit Dividend Yields and The Potential For 100% Stock Price Gains
For the broader U.S. stock market, the pandemic-triggered crash has come and gone. In February and March, the S&P 500 stock index experienced a short-term bear market, dropping by over 35% from its early-February peak to the late-March bottom. The S&P 500 steadily recovered the losses and then some, with the index now up 11% […]
Trade of the Week: Volatility
The market finally saw some active selling last week, with volatility climbing quite a bit higher. The iPath VIX Short-term Futures ETN (VXX) is one of the most popular ways to trade volatility. It covers the first two VIX futures contracts and tends to go up sharply when the market sells off. As you may […]