lilu_foto/iStock via Getty Images There is a lot of worries about the current market. Oftentimes, the safest stock is one where management goes about its business without the “road shows” that attract institutions. Those institutions will result in a better stock price appreciation. But those same institutions often “head out the door” together causing uncomfortable…
David Gyung Introduction The last quarter showcased a significant beat on the bottom line for Erie Indemnity Company (NASDAQ:ERIE), but the fact of the matter remains that the valuation is too high to justify a buy case. The jump in price greatly increases the downside risk if there is a broader market correction. However, holding…
Damian Lugowski/iStock via Getty Images You’re not just imagining it– corporate spinoffs have markedly increased over the past couple of years. High-profile spinoffs over the past couple of years include WK Kellogg (KLG) from the company formerly known as Kellogg (K), Warner Bros. Media (WBD) from AT&T (T), and Mobileye (MBLY) from Intel (INTC). But…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin Decouples with Gold Bitcoin and gold have similar inflation-hedge narratives. Currently, gold has a lower inflation…
show999 The Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) gives investors value-weighted exposure to Japanese large and mid-caps. We think the case for Japan is strong, especially now, but DBJP is dominated in terms of price performance by other Japan ETFs that accomplish the exact same allocations and currency hedging but at a dramatically lower…
Jag_cz/iStock via Getty Images Introduction I first published on Johnson Outdoors Inc. (NASDAQ:JOUT) almost a year ago, arriving at a Buy rating with the stock then trading at around $55 per share. By early January 2023, JOUT’s share price had increased by ~23% from my Buy recommendation level, and after reviewing the company’s 4Q22 result,…
Fear the wizards. Not those wizards, real wizards. Announced today by developer Robin Linus of ZeroSync, an association founded to help scale Bitcoin by using zero-knowledge proofs, BitVM is a proposal that opens very interesting doors for Bitcoin application development going forward. It can enable pretty much any arbitrary computation, and use that computation to…
Zolak Thesis I have been bullish about Omega Healthcare Investors, Inc. (NYSE:OHI) and published my first bull thesis on it back in early 2022 (see the chart below). My key argument was that the large price correction at that time was a result of market overaction to temporary issues created by the pandemic. And I…
NiseriN This article will compare, from a technical perspective, a few of the crypto mining stocks we follow closely at Crypto Waves. Specifically, we will take a look at (RIOT), (MARA), (CIFR), (CLSK), (HUT), (BITF), (HIVE), and (BTBT). Since the summer highs, stock prices in the above list have lost between 56%-64% of their value…
Nikada Investors received some of the worst possible news they could have expected on Friday, 6 October 2023. The September 2023 jobs report featured employment numbers that were much higher than expected. While that’s something that would be considered good in the real world, in the world of Wall Street, it is bad news because…
Justin Sullivan/Getty Images News Walgreens Boots Alliance Overview: As wide as participation in the stock market has become in the past decades, most Americans are probably more adept at understanding the economics of homeownership instead of being buried in value investing titles like Benjamin Graham’s The Intelligent Investor or Phillip Fisher’s Common Stocks and Uncommon…
halbergman I don’t do drugs, though. Just weed. – Dave Chapelle. Cannabis has been the widow-maker trade over the last couple of years. Despite popular support and ongoing state legalization, investing in the space has been incredibly painful. At some point this will turn, but the timing is incredibly difficult. When the tide turns, there…
Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon…
CloudVisual Note: I have previously covered Seanergy Maritime Holdings (NASDAQ:SHIP), so investors should view this as an update to my earlier articles on the company. Greece-based dry bulk shipper Seanergy Maritime Holdings (“Seanergy” or “Seanergy Maritime”) is likely to be a prime beneficiary of the recent rally in Capesize charter rates due its exclusive focus…
Under the Act, companies building and deploying AI models would need to perform risk assessments and label AI-generated content. European Union (EU) negotiators are reportedly discussing placing additional restrictions on large artificial intelligence (AI) models as part of the upcoming AI Act. According to a Bloomberg report, representatives from the European Commission, European Parliament, and…
jittawit.21 Our wretched species is so made that those who walk on the well-trodden path always throw stones at those who are showing a new road.”― Voltaire. Today, we put Innoviva, Inc. (NASDAQ:INVA) in the spotlight. As can be seen in the chart below, it has been somewhat of a rollercoaster ride for the shareholder…
Doctors will be able to access the information by asking tool-specific questions instead of going through notes and electronic health records. Google Cloud has announced that it has added new AI-powered search capabilities aimed at helping clinicians access accurate information across various types of medical records. While the healthcare industry has a wealth of valuable…
Oat_Phawat Introduction NovaGold Resources Inc. (NYSE:NG) owns 50% of a gold project in Western Alaska called the Donlin Gold Project. The joint venture is shared with Barrick Gold Corporation (GOLD). Here is an excerpt from the company’s filing. The Donlin Gold project is owned and operated by Donlin Gold LLC (“Donlin Gold”), a limited liability…
For those looking to follow and replicate the trading portfolios and strategies of lead traders, Binance’s copy trading can prove to be a game-changer. In a groundbreaking move, Binance, the world’s largest crypto exchange, is set to transform the crypto trading landscape with the introduction of copy trading for its highly liquid futures products in…
Megapixel8 Real estate firm Jones Lang LaSalle’s (NYSE:JLL) near term prospects are likely to remain challenging but medium term prospects are more optimistic. Their prospects however appear baked into the stock. Company Overview Jones Lang LaSalle offers real estate and investment management services covering a variety of property types (including residential, commercial, industrial, retail, infrastructure,…
While early-stage crypto companies may still find willing investors, late-stage tech investors have largely exited the space. The crypto industry, which once thrived on investor exuberance and rapid growth, has recently hit a rough patch as venture funding for crypto startups in the third quarter of this year plunged to its lowest level since 2020….
Prostock-Studio Investment thesis Medifast’s (NYSE:MED) stock hit an all-time high in late May 2021 because the company has been delivering stellar financial performance. But in June 2021, the FDA started approving weight-loss drugs, a big disruption to Medifast. Since then, the stock price declined by more than four times, and the forward dividend yield is…
The firm believes the approval of a spot Bitcoin ETF in the United States will trigger an influx of over $30 billion in subsequent months. The mainstream adoption of Bitcoin (BTC) by institutional investors has put the gold market on notice with a possible decoupling in the coming few years. According to a report by…
Liudmila Chernetska 1. Introduction Japan Tobacco Inc. (OTCPK:JAPAF) is one of the 5 biggest tobacco companies and faces several challenges due to regulations, proposed bans for some of its products and continuously growing awareness of the health risks of smoking. However, the tobacco markets has been growing for years and is expected to grow till…
OPEC strongly criticized the IEA’s forecast of peak fossil fuel demand before the decade’s end, labeling the IEA’s narrative as “extremely risky,” “impractical,” and “ideologically driven”. OPEC has revised its medium- and long-term projections for global oil demand upward. The oil-producing consortium stated that meeting this increased demand would necessitate a substantial $14 trillion investment…
naphtalina/iStock via Getty Images Bond Values and Prices are the same. Equity Values and Prices are not always the same. However, dividend and long bond yield changes explain 97% of the Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) price changes. The yield of the 30-year T-bond has risen above the modified minimum yield of…
Winter is coming, and with that means a shifting of demands for power and a reshuffling of power generation capacity. During the coldest months of the year the northern hemisphere receives less direct sunlight and shorter daylight hours, making winter a literal cold season for solar generation. With marked difficulty on infrastructure that is not…
Gary Yeowell The John Hancock Financial Opportunities Fund (NYSE:BTO) is a closed-end fund that invests primarily in financial services companies such as banks, asset managers, and insurance companies. This is a sector of the economy that has been adversely affected by the rapid rise in interest rates over the past year or so, mostly because…
In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the premier automated inscription service in this niche sector. Through its groundbreaking features, OrdinalsBot is democratizing access to…
Scott Olson It has been a long time since I covered Dollar Tree (NASDAQ:DLTR); in fact, it was January 2019 when I wondered if Starboard was the solution. At the time, the activist investor was pushing for a sale of Family Dollar (among other measures) as Dollar Tree actually bought the business in 2015 in…
Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till…
wildpixel/iStock via Getty Images All the world’s a stage and most of us are desperately unrehearsed.”― Seán O’Casey It seems every time you believe 2023 can’t possibly get more bizarre, some unknown deity says ‘hold my beer‘. Last week, we saw the position of Speaker of the House be vacated for the first time in…
Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX. Metro Bank Shares…
skynesher/E+ via Getty Images Dear readers/followers, Advertising has not been in a good spot for large parts of 2023. This has especially impacted your traditional advertising businesses. I’m talking about companies I’ve covered for a long time, like Omnicom (OMC) as well as Interpublic Group (NYSE:IPG). I cover more than just these, including some European…
According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024….
Koichi Kamoshida/Getty Images News Introduction In this article, I’m going to analyze Microsoft (NASDAQ:MSFT), which has been one of the world’s largest companies for over two decades. I analyze Microsoft’s history, and business lines in addition to incorporating a valuation analysis based on the dividend discount model, discounted cash flow model and valuation multiples derived…
The warning list serves as a clear message from the FCA, indicating that the included companies lack authorization or have failed to meet regulatory requirements for operating within the United Kingdom. On October 8, the UK’s Financial Conduct Authority (FCA) included 143 new entities in its warning list of unauthorized firms. Notably, this list features…
ryasick Today, real estate investment trusts, or REITs (VNQ), are priced at their lowest valuations since the great financial crisis. Their share prices have dropped by nearly 40% since the beginning of 2022 even as their cash flows have risen by 5-10% in most cases: Data by YCharts As a result, valuations are now roughly…
Changpeng Zhao, the CEO of Binance, one of the world’s largest Bitcoin and crypto exchanges, has expressed his belief that the next Bitcoin halving, scheduled for 2024, could usher in a period of renewed price growth. Bitcoin halvings, which occur approximately every four years, are pivotal events in the cryptocurrency’s history. During these events, the rate…
Oil spikes Crude oil and gold futures bumped higher in response to the Hamas attack on Israel, which caused over 700 Israeli deaths so far and the abduction of several Israeli citizens and soldiers. More than 400 Palestinians have been killed in retaliatory Israeli strikes on the Gaza Strip. WTI November crude oil (CL1:COM) rose…
Per Hogan, considering where the case currently stands, only two outcomes are possible going forward. The ongoing SEC vs Ripple case has dragged on for quite a reasonable amount of time (approximately 3 years) now. With so much back and forth and no end in sight for the case, many concerned parties are beginning to…
Panya Riamthaisong/iStock via Getty Images In case you missed it, I recently wrote an article titled Emotions Determine Market Price (In The Short Run) and as I explained, “emotions play a significant role in investing and should not be ignored or downplayed”. Most intelligent investors know that “controlling emotions can lead to better investment decisions…
Oil prices rose today as Hamas and Israel continue their conflict with many injured and several dead on both sides. Oil prices have risen following the conflict between Israel and the Palestinian militant movement Hamas as the fight extends into the third day. Global benchmark Brent hit $88.41 per barrel on Monday after rising by…
Sam Shere Walgreens Boots Alliance (NASDAQ:WBA) is one of the key players in the healthcare industry and one of the world’s largest retail pharmacies, headquartered in Deerfield, serving millions of people each year. The company provides its customers with numerous services and products, including medicines, health and beauty products, and popular brands such as Soap…
This is not the first time Israel’s central bank has intervened in the foreign exchange market to stabilize the shekel. The Bank of Israel has announced its intention to sell up to $30 billion in foreign reserves to support the Israeli shekel as it faces its weakest point in seven years. The decision comes in…
Daria Nipot Whether you love the company or hate it, e-commerce and cloud giant Amazon (NASDAQ:AMZN) is one of the largest companies on the planet with a market capitalization of over $1.3 trillion. Historically speaking, betting against the company has not gone well. In the past decade, for instance, the market value of the company…
hapabapa Just over 12 months ago, I wrote on Dutch Bros (NYSE:BROS) shortly after its IPO, noting that there was no way to justify chasing the stock above $52.00. This is because the stock was trading at over 55x two-year EBITDA, a figure that dwarfed the valuations of even some of the most successful restaurant…
Jira Pliankharom Originally posted on October 7, 2023 In this weekly market report, we look at the various asset classes, sectors, equity categories, and exchange-traded funds (ETFs) that moved the market higher and the market segments that defied the trend by moving lower. Identifying the winners and losers allows us to see the direction of…
The exchange has already received the funds back. The hacker received a 5% white-hat incentive, or a remuneration of 250 ETH for restoring the funds, as well as a job offer to work as a white-hat security adviser. Huobi Global‘s HTX crypto exchange has confirmed a refund of the funds stolen in September. The total sum…
cmannphoto/iStock via Getty Images The US stock market keeps going up despite lots of reasons that it should not, including inflation, border crisis, Ukraine war, Congressional dysfunction, the Israeli war, etc. This is similar to what happened in Venezuela. Their stock market actually skyrocketed in the face of very serious economic problems. Here are the…