We post news, tips, platform tutorials, and other general tidbits regarding our platform, community, the stock market, and cryptos.
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
It’s Independence Week! Let’s knock out this short list and go celebrate the 4th of July! Large-cap Wednesday 07/03/24 STZ Constellation Brands Medium-cap Tuesday 07/02/24 MSM MSC Small-cap Monday 07/01/24 MSS Maison Solutions Inc. Tuesday 07/02/24 SLP Simulations Plus RDUS Radius Recycling, Inc. Wednesday 07/03/24 CDMO Avid Bioservices GMGI Golden Matrix Group, Inc. Thursday 07/04/24… Continue reading Upcoming Quarterly Reports 7/01 – 7/05 2024 (Week 27)
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
Another short list for this week as well. We will make sure to include what few Large-cap companies are reporting this week into the weekly contest, sorry about last week. We’ll start with the Large-cap companies. Please use the jump links to quickly view the medium and small cap lists. Medium-cap Small-cap Large-cap Tuesday… Continue reading Upcoming Quarterly Reports 6/24 – 6/28 2024 (Week 26)
Nvidia’s recent surge to the top of the most valuable companies list is a clear indication of two things: their current strength and the high expectations investors have for their future. This dominance in the graphics chip market is undeniable, and their potential in cutting-edge fields like artificial intelligence and data centers is fueling investor… Continue reading Nvidia Overtakes Microsoft as #1 Stock.