dvulikaia The Amplify U.S. Alternative Harvest ETF (NYSEARCA:MJUS) saw increased activity on Thursday amidst the most significant piece of federal reform of cannabis recently, if not ever. President Biden has officially announced that the government will be moving to reschedule cannabis to Schedule III, with the Department of Justice filing their official notice. This comes…
champpixs/iStock via Getty Images Amazon’s (NASDAQ:AMZN) (NEOE:AMZN:CA) Q1 earnings were a breath of fresh air for several reasons. I was relieved to see AWS growth move to 17% year-over-year compared to 12% in Q4, especially after advising for months that Q1 would spark a reacceleration on increased data budgets in 2024. Free cash flow and…
Dzmitry Skazau As the U.S. Presidential election draws nearer, many investors are eyeing the future of the soon-to-expire 2017 Tax Cuts and Jobs Act- a significant individual tax code overhaul that reduced taxes across income levels-and more specifically, its potential impacts on the municipal bond market. Although each possible election outcome will likely result in…
The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to 3.125 BTC, thereby halving the reward that miners receive for their efforts. Such events have historically led to profound shifts in the mining landscape, potentially influencing various…
mi-viri/iStock via Getty Images Thesis Boston Scientific Corporation (NYSE:BSX) delivered good results in their FY2023 report, within its 2024-2026 guidance the company expects 8-10% sales growth which already accounts with the recent FDA approval of FARAPULSE as well as a revenue increase derived from the Axonics’ deal from 2025. Boston Scientific’s share price has observed…
tadamichi From geopolitics, uneven inflation and economic uncertainty, there’s much for investors to consider in the current market landscape. Beata Caranci, Chief Economist at TD, addresses some of the key financial questions being asked with MoneyTalk’s Kim Parlee. Kim Parlee: Every quarter, TD Economics gets barraged with questions about what is happening with the economy….
MarsBars Gold mining stocks represented by VanEck Gold Miners ETF (NYSEARCA:GDX) and VanEck Junior Gold Miners ETF (GDXJ) have been in the doghouse recently, down nearly 20% over the past two months alone: Data by YCharts The main headwinds for the sector seem to be: A growing consensus of higher-for-longer interest rates, which will likely…
DNY59 Investors Breathe a Sigh of Relief Post-Earnings, Look Forward to PHOENIX Data Amylyx Pharmaceuticals (NASDAQ:AMLX) has bounced back recently. Its stock is 50% higher since my rating downgrade (from “Strong Buy” to “Buy”) in November. The rating downgrade reflected increasing caution due to operational challenges, yet it still acknowledged the apparent undervaluation. After disappointing…
champpixs In the context of valuing companies, and sharing those valuations, I do get suggestions from readers on companies that I should value next. While I don’t have the time or the bandwidth to value all of the suggested companies, a reader from Iceland, a couple of weeks ago, made a suggestion on a company…
The Asahi Shimbun/The Asahi Shimbun via Getty Images Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) has recently been making aggressive investments in the energy sector, particularly in Occidental Petroleum (OXY) (of which it now owns more than a third) and Chevron (CVX) along with some notable energy infrastructure investments in recent years, revealing Buffett’s bullishness on energy….
The SEC has been busy, meeting with all of the potential issuers of spot Bitcoin ETFs with active applications in December. These meetings have resulted in the universal adoption of a cash creation methodology by those issuers instead of “in kind” transfers, as is typical for other ETFs. Much has been said about this change,…
pidjoe Co-authored with Philip Mause. This is a follow-up article discussing the macroeconomic forces at play in energy that have influenced our stock selection in the sector. There has been a shift for the U.S. from being a net consumer of energy to a net producer. This means opportunities for income investors like us! Part…
DNY59 It now appears that the economy is set for a soft landing, that is, a reduction in inflation while economic growth remains positive and avoids high unemployment rates or even a recession. Although soft landings resulting from when the Fed raises interest rates to avoid too high inflation are relatively rare, it looks now…
dsmoulton/iStock via Getty Images Yesterday, I made a horribly inaccurate assumption. Considering the Fed’s long-held concern about rising risk asset prices loosening financial conditions, I thought Chairman Powell would surely look to pull the punch bowl away from investors by pushing back on rate cut expectations. I also indicated that it would be difficult to…
nelic/iStock via Getty Images When I looked up “sin stocks meaning” on Google, the first hit was from Robeco, which defines them as: “Shares in companies involved in activities that are considered unethical, such as alcohol, tobacco, gambling, adult entertainment, or weapons. Ethical investors tend to exclude sin stocks, as the companies involved are thought…
On November 19, 2023, Argentine voters elected Javier Gerardo Milei, an Austrian economist known for his candid and unconventional style, as their new president. He ran on a platform promising substantial reforms: cutting spending, reducing government intervention, addressing inflation, and eliminating the central bank. Milei’s path to victory was unexpected. In the general elections, he…
jroballo Considering Robert Friedland Robert Friedland is a legend in the mining industry. He is a member of the Canadian Mining Hall of Fame (2016) and the American Mining Hall of Fame (2021). He was involved in the discovery of the Voisey’s Bay nickel discovery (later purchased by Inco for CAD $4.3 billion and is…
Peach_iStock The conflict between Israel and Hamas has led to increased volatility for several commodities, including oil and gold. Jennifer Nowski, Vice President, Director, and Portfolio Manager for TD Asset Management, speaks with Greg Bonnell about the broader implications for commodity-related stocks. Greg Bonnell: Several key commodities have seen some volatile price action lately amid…
South_agency/E+ via Getty Images The proposed acquisition of iRobot Corporation (NASDAQ:IRBT) by Amazon (AMZN) has garnered significant attention. Thus, I’ll analyze IRBT’s business model, its pioneering role in the consumer robotics niche, and the potential implications of its acquisition by Amazon. Indeed, IRBT has carved a niche with its innovative product line, notably the Roomba…
da-kuk Networking company Cisco Systems, Inc. (CSCO) announced in September the acquisition of software specialist Splunk Inc. (SPLK) in a major and transformative $28B deal. In a push to acquire artificial intelligence (“AI”) capabilities, large, deep-pocketed corporations like Cisco are willing to put billions of dollars on the table: the company offered a generous takeover…
Taking place in Washington, D.C. today, an important policy event is set to delve into the growing geopolitical implications of Bitcoin as a technology for financial freedom, cross-border payments, and wealth protection. A collaboration between the non-profit Bitcoin Policy Institute and the Cornell Brooks Tech Policy Institute, the talk, entitled “Strategic Competition & Digital Currencies,”…
William_Potter The most important outcome of the last week’s flurry of central bank meetings was the median forecast of Fed officials for 50 bp less in cuts next year than it had anticipated in June as it revised up its growth forecasts for this year and next. The prospect for higher rates for pushed equities…
William_Potter/iStock via Getty Images Student debt resumed accruing interest on September 1 and payments will be due in October. This is all over financial media with pundit’s views ranging from a crash in consumer spending to it being a complete non-event and consumption progressing as usual. Each side of the argument can even pull up…
ismagilov In June, I published an article titled “What is The ‘Average Investor Allocation to Equities’ Telling Us?” What follows is a quarterly update to that piece. In the article, I reference my favorite chart, the “Average Investor Allocation to Equities”. Since June, the “Average Investor Allocation to Equities” has increased in value, thus suggesting…
Astrid Stawiarz The SPDR® S&P 500 ETF Trust (NYSEARCA:SPY) is overvalued in our view and likely to underperform its historical performance average in the coming years. Moreover, it faces a plethora of potential negative catalysts that could further hamper total return performance in the near future. In this article, we will compare and contrast our…