TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth

TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth

Take-Two Interactive Software (TTWO) shot higher after reporting earnings recently. TTWO fiscal first quarter revenue came in at $831.3 million, growing 54% year-over-year, and representing record Q1 revenue for the video game maker. TTWO said “recurrent consumer spending”, which is made up of in-game purchases of items, add-ons, and virtual currency used in its games, […]

Trade of the Week: AAPL

Trade of the Week: AAPL

This past week was characterized by robust action in the big tech names, with companies like Apple (AAPL) and Facebook (FB) posting very strong earnings. AAPL in particular released better than expected earnings, and also announced a 4 for 1 stock split. Since splits tend to have a short-term bullish impact on the stock price, […]

TGT, WMT, DKS To Close on Thanksgiving Day This Year

TGT, WMT, DKS To Close on Thanksgiving Day This Year

Recently, I told you how I thought many people would forego in-person holiday shopping this year, instead making their purchases online. Last week, several large retailers including Target (TGT), Walmart (WMT), and Dick’s Sporting Goods (DKS) announced they would not open on Thanksgiving Day this year, for the first time in many years. The announcement […]

UBS Launches 4 Leveraged ETFs After 12 Collapse in April

UBS Launches 4 Leveraged ETFs After 12 Collapse in April

In March and April, the pandemic-triggered stock market crash hit the high-yield investment sectors, especially hard. Exchange-traded funds and notes (ETFs, ETNs) lost up to 90% of their value in a very short time. UBS to Redeem Two Leveraged Mortgage ETNs After 95% Plunge “Leveraged” is the word to note. Before the COVID crisis, there […]

The U.S. Dollar Halted the Tech Rally

The U.S. Dollar Halted the Tech Rally

How the lower dollar impacts our investment Recently, technology stock shares went down in value. The stocks didn’t drop that much, but they had done so well for so long, even despite the pandemic, that it was a bit of a shock to Wall Street. In particular, a few major tech stocks got hit the […]

Four High-Yield ETFs Returning Value and Dividends to Investors

Four High-Yield ETFs Returning Value and Dividends to Investors

The stock market crash at the start of the so-called “coronacrisis,” was especially devastating to share prices in high yield sectors. I attribute the extra steep declines to what I have labeled a “liquidity event,” in which leveraged funds using the high yield investments were forced to sell, sell, sell, to avoid becoming leveraged into […]