Friday, November 15, 2024
Travelers are taking to the skies again, which means it may be time to buy oversold airline stocks. About 6.5 million people passed through TSA checkpoints over the last weekend, Barron’s reports. In addition, airline spending jumped 91% year over year in March. As Bank of America analyst Andrew Didora recently wrote, “We think the […]
With inflation hitting 8.5% in the Tuesday report (a 40-year record)… The Federal Reserve IS NOT going to slow down their plans to raise rates and sell off their bond holdings. So far, we’ve seen many tech stocks down 30%…50% if not more. However the S&P 500, the Nasdaq and Dow are still hanging around […]
Uranium companies, like Cameco Corporation (CCJ), are booming, thanks to a global nuclear revival. European leaders, realizing their countries are too dependent on Russia for natural gas, are looking again into nuclear power generation. French President Emmanuel Macron, for example, called for a “nuclear renaissance.” British Prime Minister Boris Johnson reportedly has a plan that […]
Last week I spent a few days on the road with my travel trailer. On those long driving days, I like to listen to CNBC on Sirius XM. That service is the greatest thing ever for road trips, and listening is especially fun when the market is having a big down day. You would think […]
Russia’s invasion of Ukraine and the resultant sanctions against Russia are creating many profitable opportunities for investors. However, many of these opportunities have been passing by unnoticed because they occur in a sector that Wall Street routinely ignores: commodities. A major piece of news on March 21 has led to one of these under-the-radar opportunities: […]
Gold has been a popular investment with inflation concerns currently a headline topic. The SPDR Gold Shares ETF (GLD) is one of the most popular methods for investing in gold. The heavily traded ETF is backed by physical gold. One thing GLD doesn’t do is pay a dividend. To generate a form of cash flow […]
As we tally up our investment results for the first quarter of 2022, this headline from Bloomberg sums up what happened to many investors: This doesn’t have to be true for you as an individual investor, but first, let’s see how the major market averages did for the quarter. Dow Jones: -4.5% Nasdaq: -9.08% Russell […]
Social media giant Twitter (TWTR) got a massive boost to the share price recently when the news came out that Elon Musk took a 9% stake in the company. He has since been named to the company’s board. Musk has a huge cult-like following, so many investors assume it will be bullish for the stock. […]
Just when you think things can’t get crazier, they do. The US pulls out of Afghanistan, leaving people and weapons behind unnecessarily. Russia invades Ukraine because they are threatened by NATO. China is rattling the saber over Taiwan. The Canadian Prime minister governs against the will of the majority; all because he wants to save […]
There is multi, multi, multi-billions of dollars earmarked by the drug companies. Why? They want to acquire up-and-coming competitors and those with valuable patents they can exploit. For about 7 years, the drug industry has drastically underperformed the S&P 500. However, look over my shoulder and see how this narrative could change very soon. Every […]
