Throughout most of the publicly traded journey of e-commerce platform ContextLogic (NASDAQ:WISH), the route has been treacherous. What started out as an intriguing concept — evidenced by a peak price of more than $30 per share — gradually tumbled into what many analysts regard as a lost cause. Certainly, following the May 3 session when the security closed at $1.76,…
The Fed plans aggressive interest rate hikes to control surging inflation. The Fed aims to prevent consumers and businesses from spending by making borrowing more expensive, cooling demand, and keeping prices under control. Economists are concerned that if the Fed raises the interest rates too quickly and aggressively, it might push the economy into a recession. Amid a recessionary environment,…
The U.S. infrastructure bill and ongoing global economic recovery bode well for producers. Copper and steel are needed for any economic expansion and infrastructure push. On Wall Street, the red metal even has the nickname “Dr. Copper,” as if it had an advanced economics degree, given the correlation between its price moves and the direction of the economy. That’s because…
Selling puts is a neutral to bullish strategy. Traders tend to overcomplicate things. This is especially true with options trading where puts and calls can be bought and sold in seemingly endless combinations with cute names like calendars, diagonals, butterflies, iron condors, ducks, lizards, and so on. While more complicated strategies have their place, are they necessary to be a…
Amid a busy week of earnings reports from big tech names, semiconductor stocks remain relevant in the stock market today. For the most part, this would be because of the crucial role semiconductors play in most of the tech we use. From smartphones and computers to washing machines and televisions, most digital products we use every day rely on semiconductors.…
While the sentiment toward technology stocks is bearish, I feel that there are several aggressive contrarian opportunities. What investors need is patience and the stomach to ride out the volatility. One contrarian opportunity is Stem Inc (NYSE:STEM). Stem stock is an intriguing play on the renewable energy sector. About Stem Stock The post Stem Stock: Time to Look at This…
As the stock market braces for headwinds from geopolitical uncertainty and inflationary pressures, investors could be turning towards defensive sectors. As such, utility stocks could be one to consider as they are usually better equipped to weather market volatility. This is because utility stocks consist of companies that provide essentials such as water, electricity, and gas. On top of that,…
We are now seeing that major economies (US/UK/Japan) are not immune from global deleveraging and inflation. As investors seek safety in the US Dollar, this may eventually trigger a broader and deeper selloff in U.S. stocks and market volatility will begin to pick up as the VIXY moves up. As the USD continues to strengthen, corporate profits for US multinationals…
Analysts recommend these dividend-paying growth stocks. Most high-growth companies reinvest every spare dime into expanding their businesses. However, one of the first things companies do when growth finally starts to level off is to begin returning excess cash to shareholders via dividend payments. Fortunately, there are a handful of companies that generate impressive growth numbers and also pay dividends. Many…
The Dow Jones Industrial Average rose 0.7% on Wednesday, posting a second straight day’s gain. However, the S&P 500 ended flat, and the tech-heavy Nasdaq Composite slipped 1.2%, as the content giant Netflix Inc. (NFLX) declined some 35% in price in intraday trading on concerns over the company’s loss of subscribers. In addition, the Russia-Ukraine war has created a worldwide crisis…