Bet_Noire From the Magnificent 7 to the Troubling 3. While the S&P 500 rose this past week to a new all-time high, what became clear was that the leadership in this index has contracted further. Gone are the magnificent seven of Tesla (TSLA), Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL) (GOOG), Microsoft (MSFT), Nvidia (NVDA), and…
Spot Bitcoin ETF applicants have set low fees to attract fund advisors with experts highlighting that custodians will be forced to lower fees to remain competitive in the near future. The race to attract institutional clients to invest in spot Bitcoin Exchange-Traded Funds (ETFs) has trickled down to the specific sponsor fees. With investors having…
roobcio/iStock via Getty Images By now we all know about “up on Monday, down on Tuesday,” but do we really know that it’s still true? Taking advantage of that means that you need to enter on the close of the previous day. However, when I enter a trade it’s usually on the open, so I…
Justin Sullivan Thesis Nvidia Corporation (NASDAQ:NVDA) has seen an impressive 305% increase from its October lows. While some might perceive Nvidia as overvalued and anticipate an imminent collapse, this perception is not substantiated by its intrinsic value. Through the calculation of three discounted cash flow (“DCF”) models, we arrive at an average price of $451.90…
While the BTC and Ether prices try to stabilize, altcoins like XRP, Cardano, Solana, and Polygon continue to extend losses further. Last week, the broader cryptocurrency market entered a sharp correction with the Bitcoin price breaking crucial support levels and falling down to $26,000. Along with Bitcoin, the broader crypto market entered into a steep…
jroballo After a strong year in 2022, sales of electric vehicles (EVs) have accelerated in 2023, and the United States is arguably the fastest-growing market in the world. That new market reality has apparently left an impression on some of the world’s largest companies, particularly Exxon Mobil (XOM). At the end of July, news broke…