Wednesday, November 27, 2024
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 […]
Last week, the Biden Administration announced a massive, long-term (up to six months) plan to release a million barrels of crude oil per day out of the Strategic Petroleum Reserve. On that news, the WTI oil price “tumbled” from $108 to $104 per barrel While I don’t think the move will bring energy prices back […]
In recent years, the epicenter of demand for liquefied natural gas (LNG) has been Asia. The world’s three largest buyers of liquified natural gas are located there: China, Japan, and South Korea. China’s imports of LNG alone are expected to increase by 8.0 to 8.5 million tons year-on-year in 2022, accounting for about 45% of […]
Shares of Beyond Meat (BYND) tested a 52-week low north of $35 in mid-March, but the stock has rebounded along with the overall market in recent weeks as it tries to recover a key level of resistance. However, the stock still has large short bets placed against it by hedge funds. Roughly 40% of BYND’s […]
Nio (NIO) is often considered the Tesla of China. The electric car maker does have $5 billion in sales, which differentiates it from many other new electric vehicle makers whose sales are light. One very interesting block trade from last week was a massive covered call trade on NIO. The trader purchased 750,000 shares of […]
Last week, the financial news media went crazy when the Treasury yield curve inverted. If you listened to the news, you likely thought that the economy was sitting on the verge of a recession. But let’s talk about what the current yield curve really has to tell us. The Treasury yield curve plots current Treasury […]
