Chris sits down with Charlotte Mcleod from the Investing News Network to discuss the upcoming big move in gold and the stock market in general. Long story short, looking at the quarterly chart, gold has been in a very strong rally since 2019. Though trading in an overall sideways pattern, the bearish stock market may keep pressure on gold and…
With inflation at a 40-year high, it is not surprising that investors in the stock market may be rotating into more defensive sectors. In detail, they may be searching for companies that have the ability to pass on higher costs to consumers. With that, food stocks could be in focus right now as consumers will always need to eat. As…
Various macroeconomic and geopolitical concerns have roiled the stock market so far this year. Investors and analysts have been worried about a recession as the Federal Reserve maintains its aggressive stance to tame the surging inflation. The Federal Reserve meets today to hike the benchmark interest rates for the fourth time this year, and Street expects the central bank to…
Canoo Stock Could Make Gains of 500%+ Electric vehicle (EV) maker Canoo Inc (NASDAQ:GOEV) has finally given its long-suffering shareholders something to cheer about. The company recently announced a deal to provide Walmart Inc (NYSE:WMT) with thousands of delivery vans. “Canoo is now in a position to issue guidance at a time when many others in the industry are reducing targets…
Sometimes no news is good news, or maybe weary investors are actually rewarding tech stocks that have strong fundamentals. That seems to be the case with Nortech Systems Incorporated (NASDAQ:NSYS). The company hasn’t reported any news of consequence since May 10, when it announced outstanding first-quarter results. The report included double-digit revenue growth, a swing to profitability, and positive adjusted…
High Energy Prices Good for Lucid Group Inc The price of gasoline and diesel continuing to hover near record highs could provide a much-needed catalyst for battered electric vehicle (EV) stocks. When reviewing the prospects of EV stocks, the key is analyzing long-term fundamentals and ignoring short-term factors. The reality is that the. That’s why the legacy automakers have been…
These seven best green penny stocks have the potential to generate superlative returns, but perhaps at a higher risk. Green stocks have been in demand lately. This is because of the need to reduce carbon emissions to curb climate change and follow environmentally friendly practices. Investment in clean technology have been trending upward as governments and societies are becoming aware…
Are These The Best Beverage Stocks To Buy Now? An increasing number of analysts in the stock market have been predicting that a recession would happen sometime this year or next. For this reason, it is no surprise that many investors are cautious about their investments. Hence, it’s natural that we would look for companies with resilient earnings and revenue…
Although electric vehicle (EV) stocks have seen better days, it is undeniable that there is a global push toward the adoption of EVs. Automakers from all over the world are electrifying their offerings, and governments are granting a slew of incentives. Are these stocks worth adding to your watchlist? For EVs to truly take off into the mainstream, there needs…
Look to high-yield ETFs for a hedge against declines. In 2022, the stock market has been incredibly volatile and rising interest rates have created a lot of uncertainty around bonds as well. That means many investors have gone “risk off” as they wait for the dust to settle. However, selling everything and hiding out in cash is not always the best bet. Not only do you have to…