Saturday, May 10, 2025
Dear Investor, Last week, the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac, reported that the average interest rate for 30-year fixed-rate mortgages jumped to 3.45%, up from slightly more than 3% a month ago, and 2.79% one year ago. Higher rates hurt traditional mortgage companies – refinancing business dries up, and […]
Tech stocks have the started the new year with elevated volatility and quite a bit of selling pressure. The most popular tech index, Invesco QQQ Trust (QQQ), is down 5% for the year and has seen a handful of large percentage moves already. One strategist is looking to take advantage of the volatility by using […]
No matter how much you like a company, or believe in its future, sometimes you have to stay on the sidelines before a major breakout occurs. Shares of Sirius XM Holdings (SIRI) seem to fit that bill, having been rangebound between $5–$7 for the past five years. The company is one of the best-known audio […]
With earnings season coming up, we’re seeing some unusual action in big bank options. The expected rate increases from the Fed in 2022 mean that banks could see greater profitability from their interest rate spreads. This is leading to expectations of strong guidance from banks during earnings season. One strategist is using a covered call […]
Dear Investor, The Fed has said it will finally hike interest rates this year. As rates rise, business development companies (BDCs) are a type of income stock that should perform especially well. However, the uncertainties from inflation, omicron, and a waffling Federal Reserve will likely make for a bumpy ride over the next six-to-nine months. […]
Many tech stocks are still being decimated with many down 50%+ from highs. Logically, you’d think “stay away from all tech.” And that may be true in a general sense. However, I’m looking at one specific sector right now that is still set to boom in 2022 based on the charts (and fundamentals) I’m watching. […]
If you want to spot potential opportunity, pay attention to insider buying. After all, who knows a company better than an insider? In fact, if an executive or board member at a company is buying a sizable number of shares, it’s often a good idea to start looking into why, and perhaps follow them into […]
Apple (AAPL) became a $1 trillion company in August 2018, and two years later—August 19, 2020—became the first company to be valued at $2 trillion. Then, the tech giant started out 2022 with a bang. On Monday, January 3, AAPL shares rose by 3% intraday, taking it past the latest milestone—$3 trillion. Apple had briefly […]
Dear Investor, Last week, the stock markets were shocked to discover from the Federal Reserve that interest rates might actually move higher this year. Too many years at near-zero interest rates have corrupted the investing process. While we should welcome higher interest rates, getting there won’t be painless. Investors should prepare for more stock market […]
The coronavirus pandemic isn’t finished with us just yet, but hopefully it’s nearing its end. On Monday, the U.S. reported 1.08 million new cases of COVID-19, according to the Johns Hopkins University of Medicine’s Coronavirus Research Center. “The new daily tally brings the total number of cases confirmed in the U.S. since the start of […]
