The overall economy is what’s on the minds of most Americans and definitely on the minds of traders. With 3 rate hikes in the books and the markets in a technical recession everyone wants to know where we stand as Federal Reserve Chairman Jerome Powell reiterated his commitment to combat inflation, while also suggesting the… Continue reading Jerome Powell Speaks
With a technical recession already confirmed and crypto currencies breaking all support levels, Used cars cost more than new ones and home values have soared along with interest rates making it nearly impossible for first time home buyers to buy into the American dream. How will the next few months play out? We have had… Continue reading Has the Market hit bottom?
Stocks have been hammered since the beginning of 2022 with increasing inflation that doesn’t seem to stop. Even after two 50-point base rate hikes, inflation spiked and currently sits at 8.6% up from 8.3% which is the most since 1981. This is very confusing because you have a jobs report that added 390,000 jobs in… Continue reading A Technical Recession
Depending on what side of the Crypto Coin you’re on, Crypto legislation may be good or bad for business. Purists believe it should stay as originally intended… Decentralized. While many others feel that without guaranties from governments and Banks backing it, it may backslide into the abyss. I for one feel that crypto can never… Continue reading Crypto Legislation Begins
Back in August of 2020 Tesla (TSLA) executed its first stock split of its common shares. The 5-1 split came after the stock had its biggest valuation as the stock price screamed passed 2000 dollars a share. When the split was announced it ripped even higher. Apple had also announced their 6-1 split around the… Continue reading Stock-Split Mania
McDonalds (MCD), Starbucks (SBUX) and Netflix (NFLX) are among the list of companies that exited the Russian market after the unprovoked invasion of Ukraine on Feb. 24th. Nearly 1000 companies have left the country, and not only have they kept their reputation, but they are also being rewarded by financial markets, while those who remain… Continue reading The Russian “Exodus”. How companies benefited from pulling out of Russia
Recent interest rate increases have turned small cap stocks into potential money makers. It may be the time to hit the buy button on that little stock you’ve been keeping your eye on. While stocks have taken a beating this year, small caps have taken it on the chin. The chart shows the weighted forward… Continue reading Small-Cap Comeback?
The president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who has made some prescient predictions on crypto (not to mention equities). He said the so-called winter for bitcoin BTCUSD is over for now, with a forecast for the No. 1 cryptocurrency to reach $100,000 by later 2023, in a run higher that could last… Continue reading Analyst says $100,000 Bitcoin by next year
If you’ve never heard the name, then you may have been hiding under the proverbial “Wall Street rock” as the name Cathie Woods seemed to be the Genius of wall street when her ARK ETF fund went ballistic in 2020. The 66-year-old investor had attracted millions of devoted followers with a unique vision that she… Continue reading Cathie Woods and the ARK ETF Rollercoaster
In honor of the brave soldiers who served our country and gave everything for our freedom, we will be giving a donation to the Wounded Warrior Project this Memorial Day. The donation will be equal to the prize amount for our Memorial Day Crypto Contest. The Memorial Day contest will be free to join until… Continue reading Memorial Day Donation