Daily Trade

Many portfolio managers are increasingly bullish, even with the stock market trading around all-time peaks, according to Citigroup Inc. “Investors want markets to move higher, underscoring the reality that investment professionals are paid to participate and not to sit back and wait for better entry points,” the Citi analysts said in a research note published
0 Comments
There are different ways to get exposure to precious metals. Sure, you can own physical bullion – but you can also invest in Barrick Gold (NYSE:GOLD) as GOLD stock is strongly correlated with the yellow metal’s price movements. Source: allstars / Shutterstock.com Here’s something you’re probably heard: the Federal Reserve called inflation “transitory.” If you’re a
0 Comments
In early February, InvestorPlace’s Luke Lango suggested that FuboTV (NYSE:FUBO) was headed to $200. In mid-April, Lango reiterated his assertion about FUBO stock. Source: monticello / Shutterstock.com It’s one thing for a bunch of Reddit yahoos to be calling for a $200 share price. But, heck, some of them still believe Castor Maritime (NASDAQ:CTRM) is
0 Comments
A happier title for today’s note is: Three stocks to buy going into the holidays. However I mean to scare readers by sounding more bearish than I really am about these companies. In the long run, these are stocks to buy with confidence but from better vantage. For now they are stocks to avoid. The
0 Comments
Zomedica (NYSEAMERICAN:ZOM) illustrates the expression “buy the rumor: sell the news.” At the beginning of 2021, ZOM stock was trading at 35 cents a share. However, in mid-March, the stock was up 778%. This is because the company was preparing to launch its point-of-care diagnostic tool, Truforma, for dogs and cats. Source: didesign021 / Shutterstock.com    However,
0 Comments
There’s no denying it. Times have been tough lately for investors of mobile commerce company ContextLogic (NASDAQ:WISH). Since the company’s initial public offering (IPO), WISH stock hasn’t held up particularly well. Source: sdx15 / Shutterstock.com I won’t try to paint a rosy picture here. It’s a challenging situation if you’re an early investor. Yet, perhaps it’s
0 Comments
I’ve written about Denver-based software company Palantir Technologies (NYSE:PLTR) at least three times since arriving at InvestorPlace in my puke-green 1975 AMC Pacer. And my feelings about PLTR stock may be pretty similar to yours regarding my shag-carpeted lemon (lime?). Source: Ascannio / Shutterstock.com All I’ve seen is underperformance, unrealized hype and whole lotta rollercoaster.
0 Comments
I am often asked when one should sell stocks and get out of the market. Source: Sergii Gnatiuk/ShutterStock.com Longtime MoneyWire readers already know my answer. But let me remind you … If there is ever a time when you feel like giving up, selling your stocks, and waiting for the “bottom” in order to buy
0 Comments
Despite some warning signs that the market may be stretched, most traders don’t seem to care. In a way, they have justification for their bullishness. Thanks to the power of coordinated trading on social media and the easy access to equities that mobile trading apps like Robinhood provide, it’s never been easier to speculate on
0 Comments
The stock market has bounced around quite a bit this week, up on Monday, and then down on Tuesday, Wednesday and again today. The reality is the market continues to oscillate, which is why stocks will be up one day and then down the next. This is the oscillating market I have referred to several
0 Comments
There are often frequent comparisons between Penn National Gaming (NASDAQ:PENN) and Draftkings (NASDAQ:DKNG). However, the companies couldn’t be more different. Penn National owns or has interests in some 40 gaming properties across 19 states, under well-recognized brands such Hollywood Casino and Boomtown. Draftkings, on the other hand, has an app — and it’s a money-losing
0 Comments
Both Republicans and even Democrats are discovering that President Joe Biden isn’t the apocalyptic threat that many right-leaning conspiracy theories warned about. For instance, the Biden administration has been taking its sweet little time to overhaul his predecessor’s controversial immigration policies. No, the real threat to (and opportunity for some) stocks to buy is Senator
0 Comments
If you don’t mind adding an element of mystery to your portfolio, consider Pershing Square Tontine Holdings (NYSE:PSTH). Just be advised that, by acquiring PSTH stock, you’ll own a stake in a special purpose acquisition company (SPAC) with a yet unspecified merger target. Source: Dmitry Demidovich/ShutterStock.com Back in January of this year, I cautioned prospective investors
0 Comments