Friday, April 26, 2024
There are three good reasons the lithium story is probably about to go into overdrive. For one, the bull market is only accelerating. By 2030, tens of millions of electric vehicles could be on the roads, especially with global governments pushing for them. Even major automakers are abandoning internal combustion engines for EVs. Two, there’s […]
With all the world turmoil, high inflation, war in Ukraine, China rattling their saber, gold has gone up in price. Trading Economics tracks gold prices for the last 12 months. Less than a year ago, gold was just under $1,700/oz. It recently hit $2,050/oz. and was knocked down $60/oz. the following day. Remember the old saying, there […]
When choosing a company to invest in, I always like to look for what Warren Buffett called a “moat” protecting it—a competitive advantage that allows the company to maintain pricing power and better than average profit margins. When I’m considering an investment in the technology sector too, particularly in the semiconductor space, I am especially […]
After running above $48,000 earlier this week thanks to key catalysts, Bitcoin (BTC) has turned positive for the year. One catalyst, as noted by CryptoPotato.com, is news that Do Kwon, the founder and CEO of Terraform Labs, intends to buy $10 billion worth of Bitcoin over time. A second catalyst is that as the overall […]
I don’t know if I am amused or appalled by how much a gambling mentality has taken over much of our lives. For example, I recently noticed that NFL football analysts spent as much time on the betting spread as they spent discussing teams’ potential to win or lose. You see and hear gambling terms […]
Russia’s had their hands in the energy sector long enough. I’m looking at a chart that could spell a major blow to their energy exports which many European countries rely on. (40% from Russian to the EU by last count). A new trend is forming at this very moment. One not seen in over a […]
A couple massive options block trades last week could be very bullish indicators that the price of gold is headed much higher. Call spreads in VanEck Vectors Gold Miners ETF (GDX) and SPDR Gold Shares (GLD) could both be pointing towards much more upside in gold. The precious metal is often used as a hedge […]
One of the first things that might draw in investors who are considering an investment in ZIM Integrated Shipping (ZIM) is its sky-high dividend yield. The company paid its recent massive dividend of $17 last week to push its current yield north of 20%. This follows previous quarterly dividend payouts of $2.50 and $2 in […]
Although the meme stocks were grabbing the headlines, there was some interesting options activity last week in VanEck Vectors Semiconductor ETF (SMH). SMH is a popular ETF for tracking the chipmaker industry, with over 30,000 options trading per day on average. On a day last week when options activity was 2x the normal amount, 65% […]
You may think I am crazy to be excited about this stock market. Major market indexes are down for the year, many former high-flying stocks have crashed, and the market volatility is tremendous. From the financial news, it appears that investors are very nervous about the value of their stock portfolios. And yet, I don’t […]
