Friday, April 19, 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 […]
Dear Investor, It seems we are going through several years of constantly hearing about the latest crisis – such as the pandemic and war – and we must figure out the best course of action. In part because of this most recent crisis, much of the stock market has fallen to correction territory. But there […]
The ride sharing industry has taken a beating over the last couple years due primarily to the pandemic. But is there a rebound is sight? The pandemic may finally be slowing to a crawl. Lyft (LYFT), one of the two ride sharing giants, has seen its stock price trend down since last summer. However, a […]
Chip shortages could last well into 2023, at least according to Intel CEO Pat Gelsinger. In an October interview with CNBC, Gelsinger said: “We’re in the worst of it now, every quarter, next year we’ll get incrementally better, but they’re not going to have supply-demand balance until 2023.” While the shortage continues to be bad […]
Black Friday was a day for the algorithms. Bad news on the Covid front sent a shock wave through the system while many traders were at the dinner table or shopping mall and NOT at their trading desk. Oil was down 13%… that’s a nasty day. Does that mean energy is set to drop? What […]
The movie theater industry has been one of the hardest hit sectors following the COVID-19 pandemic; however, cinemas are showing signs of rebounding in recent months as more and more blockbuster movies are released. That being said, the recovery has been slow and erratic and could continue over the foreseeable future. It is no secret […]
The continued spread of the coronavirus delta variant raises investor concerns that broader restrictions to halt the spread will once again slow economic activity. The delta threat has triggered fears about the prospects for specific market sectors. On the other hand, investors who believe the fears are overblown—as I do—can do well by buying on […]
During the first half of 2021, stocks climbed higher in a very linear fashion. It was a great time to watch your investment account balances, but not so good if you like to “buy the dip,” since there never seemed to be a dip. Now in the waning days of summer, fears of a broader […]
This past week, there was 3x the Carnival (CCL) normal options volume, the cruise line giant. Cruise line stocks have been very active during the pandemic, but CCL got a big boost last week when it announced that it would be ramping up capacity through the end of the year. What’s more, the company is […]
I was failing and didn’t understand why. In 1970, I started my career as an adult educator. My classes were predominantly male. That quickly changed in 1972 with the passage of the Equal Rights Amendment; my clients rightfully complied with the law. My historically excellent course critiques were tanking. The tipping point was when a […]
