CrowdStrike investors are facing a double whammy. The cybersecurity company’s stock price has been spiraling downwards after a faulty software update triggered a global outage that impacted millions of computers. The incident wasn’t a traditional “crash” but rather a consequence of a bug introduced in a CrowdStrike update designed for Microsoft Windows systems. This bug… Continue reading CrowdStrike Stock Slumps After Software Update Triggers Global Outage
Amazon’s annual Prime Day extravaganza is once again upon us. The two-day shopping bonanza is traditionally a sales behemoth for the e-commerce giant, and this year is no exception. Early reports indicate robust spending, with categories like back-to-school supplies seeing a significant surge. However, despite the anticipated sales frenzy, Amazon’s stock price has been trending… Continue reading Prime Day Paradox: Strong Sales Amidst Stock Decline
The cybersecurity landscape in the US is facing a shakeup following the Department of Commerce’s decision to ban Kaspersky Lab in June 2024. Citing national security concerns due to Kaspersky’s Russian origin, the government worried the company could be compelled by Russian law to hand over user data. Kaspersky has consistently denied these allegations. This… Continue reading Kaspersky Lab Banned: Market and Policy Concerns
Penny stock trading involves buying and selling shares of small companies that trade for less than $5 per share. These companies are often young, in emerging industries, or haven’t quite hit their stride yet. Penny stocks can be attractive to investors for a few reasons. Firstly, the low share price means you can buy a… Continue reading Trading Strategies: Penny Stocks, A Road to Riches?
Nvidia, the undisputed leader in graphics processing units (GPUs), has long been seen as a top holding for investors looking to capitalize on the booming artificial intelligence (AI) market. However, a recent move by some hedge fund billionaires has raised eyebrows. These investors have been trimming their Nvidia holdings while snapping up shares in Palantir… Continue reading Billionaires Betting on New AI Horses: Why They’re Leaving Nvidia Behind
Pyramiding is a trading strategy where you gradually increase your position size in an asset that’s moving in your favor. Imagine a pyramid being built, one level at a time. In this analogy, each level represents adding more to your position as the price goes up (for long positions) or down (for short positions). Here’s… Continue reading Trading Strategies: Pyramiding
Dollar-cost averaging (DCA) is a popular investment strategy that involves investing a fixed amount of money into a particular investment, like a stock or mutual fund, at regular intervals. It’s generally considered a good approach, especially for long-term investors and is the foundation of what the aforementioned Scaling In/Out are based upon. One of the… Continue reading Trading Strategies: Dollar-Cost Averaging & Scaling
Bitcoin has been experiencing a notable decline over the past month, shedding over 18% of its value and dipping from a high of $71,000 to around $58,000. This recent slump can be attributed to a confluence of factors creating a kind of perfect storm in the cryptocurrency market. One significant contributor is the looming return… Continue reading Bitcoin’s Recent Slide: Uncertainty With a Glint of Hope
Caterpillar’s decision to boost its buyback authorization and raise its dividend is a positive sign for investors. It suggests that the company is confident in its future cash flow generation and is committed to returning value to shareholders. Share buyback: A buyback authorization allows Caterpillar to repurchase its own shares, which can increase the stock… Continue reading Caterpillar’s 20 Billion Buyback Increases Dividend
In our original post about seasonal trading we mentioned two adages some investors may abide by. We thought it would be a good idea to talk a little bit more about these as well as how and why they came to be. The adage “Sell in May and Go Away” isn’t concerned with specific sectors… Continue reading Seasonal Trading Adages