It was supposed to be an awful Black Friday/Cyber Monday weekend for retailers – but the exact opposite has happened. And that means retail stocks could surge over the next 30 days! No one was supposed to splurge this holiday season. Prices are sky-high. Stocks are in the dump. All those pandemic savings have been
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In line with the overall stock market, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has moved higher in recent weeks. Since hitting a new multi-year low on Nov. 3 ($83.45 per share), GOOG stock has climbed back up to around $95.14 per share. With a company-specific developments (more below) also giving shares a boost, some may believe now that a
Stock picking for 2023 could be overwhelming, especially in a volatile market. After all, with economic factors changing by the minute and macroeconomic conditions becoming increasingly unpredictable, finding a winning stock can seem downright impossible. However, with a thorough research process featuring robust analysis and data-driven insights, it is possible to identify stock picks for
California-based electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) offered a great deal of promise in 2020 and 2021. Since then, however, MULN stock has had steep capital losses. A short-seller tried to warn prospective shareholders earlier this year. As it turns out, the short side of the trade was the right one, and there’s no reason
The stock market took a beating this year, especially tech stocks, with many of them down significantly. Then again, with margins declining and interest rates rising, investors are no longer willing to pay a premium and have retreated to defensive stocks. However, this also means that many companies with solid fundamentals are left undervalued. Contrarian
In this article WYNN BILI JD HSBC Follow your favorite stocksCREATE FREE ACCOUNT Silhouette of a mobile user seen next to a screen projection of the Apple logo in this picture illustration taken March 28, 2018. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Bilibili — Shares surged more
With 2022 representing the worst bear market for growth stocks we’ve seen in at least 15 years, many investors may not be too enticed by hypergrowth stocks right now. Indeed, stocks that could do no wrong last year have been completely abandoned. What was previously a multiple expansion environment has turned into a market where
[embedded content] Quantum computing is reaching a point where it’s becoming useful in the here and now, rather than as a theoretical exercise. And the benefits from using a quantum computer could prove profound, enabling researchers in the EV industry (as just one example) to finally create a “forever battery.” How? Well, just look to
The Fed will continue its aggressive rate hikes into 2023, albeit at a slightly slower pace. Following a fourth-consecutive 75 basis point (0.75%) rate hike on Nov. 2, it now looks like the pace will slacken. Current expectations are that the central bank will increase rates 50 basis points when the Federal Open Market Committee
[embedded content] Here’s my grand proclamation for next year: What worked in 2022 will crash in 2023; and what didn’t work this year will soar next year! I’ve beat this drum all year long, but it’s worth one more drumroll into year-end… That is, all bear markets eventually turn into new bull markets. And an
There may be support for GameStop (NYSE:GME) among the meme-stock crowd, but not everyone’s on the long side of the trade. In fact, a report from Bloomberg indicates that activist investor Carl Icahn has taken a short position against GME stock. Furthermore, due to GameStop’s connections to the rough-and-tumble worlds of cryptocurrency and non-fungible tokens
These top airline stocks to buy are expected to soar, all thanks to a busy holiday season. Over Thanksgiving break, an estimated 55 million people were expected to travel, according to AAA. Then, between, Christmas and New Year’s Day, AAA estimates about 120 million people will travel, with many by air. Thus, unless those millions
The Dow Jones Industrial Average is down more than 6% year-to-date. With slightly more than half of the index in negative territory for the year, it is easier to come up with three of the top Dow stocks for 2023. While there appears to be a recession in the cards, Wells Fargo senior global market
Take a look at some of the biggest movers in the premarket: Hibbett (HIBB) – The sporting goods retailer’s stock slid 5.7% in the premarket after it missed top and bottom line estimates for its latest quarter. Hibbett was hit by higher expenses which cut into its profit margins, although the company reaffirmed its full-year
This year hasn’t been kind to technology businesses like Cisco Systems (NASDAQ:CSCO). However, there’s a value investing opportunity with CSCO stock as the company’s financial stats are adequate, if not jaw-dropping. Besides, as Cisco undergoes a restructuring, shareholders can collect generous dividends quarter after quarter. Workforce reductions are common this year, especially among American tech
Investing in SoFi Technologies (NASDAQ:SOFI) stock has been akin to riding a rollercoaster. Time and time again, SOFI stock has surged on increased hopes, only to sink on yet another round of disappointment. That’s what has played out this month, with this fintech stock reversing course in a big way, after briefly jumping back above
Today I’m going to share with you how to create a 0-DTE butterfly options strategy to grow a small account. I’m going to show you how you can setup this type of trades in a recurring way, so that you can do shorter duration trades, which are riskier but at the same time allow you
Optimists would say that 2023 will indeed be better than 2022. While 2022 has been an exceptionally difficult year for growth stocks, tech stocks, and stock markets in general, there are signs that 2023 could mark a positive turning point. And that would set the stage for the reemergence of growth stocks that have fallen
In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Tom Kaye of Plymouth, Pennsylvania tops off his neighbor’s gas tank for them on at a gas station in Wilkes-Barre, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Oil prices are defying expectations and are barely higher on the year, as the outlook
In this article FSLR WSM PDD BUD Follow your favorite stocksCREATE FREE ACCOUNT A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making the biggest moves midday: Apple — Apple shares fell 2% following a report that iPhone production could take a big hit due to unrest at a Foxconn