SDI Productions Shares of Western Alliance Bancorporation (NYSE:WAL) have recovered strongly from their banking crisis lows of a year ago, up about 69%. Shares though did fall about 1% on Thursday after-hours in the wake of its Q1 earnings report, likely in part due to some profit taking. Since recommending shares as a buy in…
jhorrocks Introduction LGI Homes (NASDAQ:LGIH) has seen a relatively good amount of share price volatility over the past 12 months going from low-$100/share to over $130/share down to mid-$80/share, back up to over $130/share, and now down to mid-$90/share. I can’t say I’m totally surprised – my casual observations have been that homebuilders are more…
This article was written by Follow Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of “Better Good than Lucky: How Savvy Investors Create Fortune with the…
tum3123/iStock via Getty Images Three things we are thinking about today: China-Signs of a rebound: Purchasing manager indexes in China rebounded in March, with the Caixin/S&P Global index reaching its highest level in over a year. Drivers of the rebound included rising raw material purchases and inventories. Chinese industrial companies may be restocking ahead of…
Sean Zanni Shares of Block, Inc. (NYSE:SQ) have had an interesting run over the last few years. SQ 5Y Price History (Seeking Alpha) Enjoying a huge wave of optimism in the bull market of 2021, those feelings quickly disappeared as the challenges of 2022 entered the fray. Reaching into the $40s last fall, the stock…
Robert Way Introduction Since initiating coverage on CrowdStrike Holdings (NASDAQ:CRWD) with a “Buy” rating in the low $100s during late 2022 with this report – CrowdStrike Is A Falling Knife Worth Catching, I have published multiple positive endorsements for CRWD stock as it has more than tripled in a matter of months: Author’s ratings history…
Michael M. Santiago Macy’s (NYSE:M) shares have been a material underperformer over the past year, losing about 9% of their value. Retailers were overly optimistic about consumer spending in H2 2022, leading to excess inventory and significant margin compression. However, many of these pressures have faded, and since recommending shares as a buy in November,…
martin-dm By Carsten Brzeski One day before the second anniversary of Russia’s invasion of Ukraine, the second estimate of fourth quarter GDP growth has confirmed the shallow German recession in 2023, while the latest Ifo index reading gives very little hope for imminent improvement. In more detail, the GDP components for the fourth quarter of…
stanciuc By Jose A. Pluto, CFA After a difficult period, commercial mortgage-backed securities are benefiting from a more favorable macro backdrop and improved sentiment. Coming into 2024, commercial mortgage-backed securities (CMBS) were among the most dislocated sectors in fixed income, with yields at levels seldom seen outside of extreme environments like the Global Financial Crisis…
This article was written by Follow Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of “Better Good than Lucky: How Savvy Investors Create Fortune with the…
ronniechua After a 25% gain in 2023 the SPDR® S&P 500 ETF Trust (NYSEARCA:SPY) now faces three major near-term headwinds that combine with extreme valuations to create an exceptionally poor risk-reward outlook. These include an array of bearish divergences across US assets, widespread complacency in options markets, and excessive optimism about Fed rate cuts. The…
matejmo/iStock via Getty Images This is the 1,900th consecutive week that the AAII Sentiment Survey has been conducted! Our weekly survey started in late July 1987. To coincide with this milestone, we sent out a separate questionnaire asking AAII members for their year-end 2024 forecasts. First, though, we’ll share this week’s AAII Sentiment Survey results….
designer491 By Ben Barber, CFA, Director, Municipal Bonds, Franklin Templeton Fixed Income | Jennifer Johnston, Director of Municipal Bond Research, Franklin Templeton Fixed Income A year of significant monetary policy tightening is coming to a close In the face of a persistently strong US economy, the US Federal Reserve (Fed) had to continue tightening monetary…
lucky-photographer The NASDAQ 100 tracker fund Invesco QQQ Trust ETF (NASDAQ:QQQ) has had a good 2023. It has raced ahead of the S&P 500 (SP500) index, which hasn’t had a bad year at all itself (see chart below). But can the QQQ retain momentum in 2024 is the question now. Price Returns (Source: Seeking Alpha)…
Olivier Le Moal By William Davies, Global CIO Here’s what uncertainty around interest rates being higher for longer could mean for investments and the markets in 2024. The economic data in 2023 was better than expected: inflation fell, employment remained resilient and we didn’t end up in recession – in fact, growth was impressively resilient….
marrio31 Investors have seemingly accepted the narrative of a soft landing with a face-ripping rally in the SPDR S&P 500 ETF (NYSEARCA:SPY) over the past couple of weeks. As the following chart highlights, SPY has enjoyed a euphoric rise of nearly 10% since October 27th. Data by YCharts This has pushed the year-to-date gains back…
Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting. In a remarkable turn of events, the stock market rallied strongly on Tuesday, adding to their impressive November gains. The surge was fueled by the positive reaction to new…
While Peter Schiff thinks Bitcoin price will crash before the ETF launch in the United States, analysts at AllianceBernstein issued a prediction of $150k in 2025 driven by the halving event and institutional inflows. The recent Bitcoin (BTC) breakout has significantly raised investors’ optimism for a continued bullish trend in the coming weeks toward the…
This article was written by Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of “Better Good than Lucky: How Savvy Investors Create Fortune with the Risk-Reward…
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares. Microsoft Corporation (NASDAQ: MSFT), a global technology powerhouse, witnessed a remarkable surge in its share price, achieving unprecedented heights for the first time since 2021. On November 7, the company’s shares ended the trading session at a…
chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) is set to report Q3 earnings on Wednesday, November 1st, after the market close. Consensus quarterly earnings according to Seeking Alpha are expected to be around $1.23/share with revenues growing 8% YoY to $7.4 billion. On an annualized basis, PayPal trades at a forward price-to-earnings ratio of 10x, which is…
10’000 Hours/DigitalVision via Getty Images When Does Amazon Report Earnings? Amazon (NASDAQ:AMZN) will report Q3 earnings on Thursday, October 26, after the market closes. The earnings call will occur at 5:30 P.M. Eastern, and interested investors can tune in here. Seeking Alpha will also post a transcript of the call here shortly after. Listening to…
Digital transformation is rapidly shaping the global financial landscape, and bitcoin, the pioneering decentralized cryptocurrency, stands tall as a symbol of this revolution. While bitcoin’s global popularity is undeniable, there’s an emerging trend spotlighted in a recent survey conducted by Jack Dorsey‘s Block, Inc., in conjunction with Wakefield Research: developing nations are displaying a burgeoning…
Pgiam/iStock via Getty Images Protagonist Therapeutics, Inc. (NASDAQ:PTGX) is developing JNJ-2113 (PN-235), an oral IL-23 drug targeting psoriasis, however partner Johnson & Johnson (JNJ) says that until the oral drug can show non-inferior efficacy to J&J’s own injectable anti-IL-23 drug Tremfya, there is no point in developing it further. In April, Protagonist went up considerably…
Annabelle Chih Introduction I upgrade my rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from a Buy to a Strong Buy following a number of recent developments, its Q2 financial results, and a decline in the share price. I last covered TSMC two months ago when I rated the shares a buy. I highly recommend…
Circle said that businesses and institutions can access on/off-ramps for $USDC to OP Mainnet and Base through Circle Account. Circle’s native stablecoin USDC has recently launched on two Layer-2 networks – Base and Optimism. this launch will allow the Circle account holders to send USDC from their accounts to either of the networks. Coinbase also…
Smederevac Investment Summary The last earnings report from ITT Inc (NYSE:ITT) showcased the company is capable of growth despite a challenging macroeconomy. The top line saw a 13.7% YoY increase whilst the bottom line grew by over 40% as the management made strong progress on improving margins and the overall operational performance. Operating in the…
PeopleImages/iStock via Getty Images While it might be tempting or even natural to think of companies as organizations that provide goods and services to individual consumers, the fact of the matter is that the B2B, also known as business to business, space is incredibly massive. As companies grow, their needs also expand, creating attractive opportunities…