There are crowded trades, and then there are really crowded trades. The sentiment surrounding Advanced Micro Devices (NASDAQ:AMD) has been ultra-bullish for a year and a half now. This story could have a very unhappy ending, so now’s not the time to be greedy with AMD stock. Note that I didn’t say AMD is a bad
Daily Trade
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The 2024 presidential election is shaping up to be just as exciting and contentious the 2020 contest. That’s because it looks to be a rematch between President Biden and former President Trump. There’s a wildcard thrown in this time with Robert Kennedy Jr. running an independent campaign that could pull voters from both sides. The
The stock market seems to win even when it loses. Even as a strong jobs market report Friday hints that interest rate cuts are not coming in the next few months, both the Dow Jones Industrial Average and the S&P 500 gained several hundred points or about 1%. After last year’s big comeback, many expected
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Last week I put a spotlight on gold mining company Agnico Eagle Mines (NYSE:AEM). Savvy investors should also consider cashing in on the red-hot rally in silver now. Like gold, silver prices are rising on inflation and geopolitical concerns. I know there’s a ton of hardcore silver bugs out there who have been waiting patiently
All stocks have peaks and valleys. However, it requires a strong stomach, or better yet, proper planning and preparation to successfully invest in Marathon Digital (NASDAQ:MARA) stock. We’re assigning the stock a “B” grade as Marathon Digital is an intriguing, tech-forward cryptocurrency miner with decent financials. Without a doubt, some investors bought MARA stock after
For the most extreme opportunities in the market this side of an options trade, your best bet may be to consider penny stocks to watch in Q2. And by bet, I’m meaning exactly that – this arena should be treated like a casino. That’s no disrespect to the legitimate enterprises on this list. However, much
Did you ever get the feeling you’ve been tricked? I posited that Reddit (NYSE:RDDT) shares could rally like Meta Platforms (NASDAQ:META) stock did. Now, I’m having serious doubts and can’t bring myself to recommend investing in Reddit stock right now. I’m not denying that Reddit’s debut for public trading could still be 2024’s most important initial
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Could meme-stocks revival be underway? Trump Media & Technology Group (NASDAQ:DJT), typically shortened to Trump Media, recently started trading publicly. This long-awaited event occurred in the wake of a special purpose acquisition company merger with Digital World Acquisition. Whether Trump Media stock is a meme stock or a sustainable wealth builder, it’s definitely worth checking out
One of the largest ammunition manufacturers in the U.S. is about to sell its shooting sports business, but the deal isn’t going smoothly. Amid national security concerns and competing bids for the business, Vista Outdoor‘s (NYSE:VSTO) plan to split in two is suddenly very complicated and roiling the market for ammo stocks. Although the industry
China’s e-commerce giant Alibaba (NYSE:BABA) is down 30% over the last 12 months and has lost more than three-quarters of its value since the pandemic high in 2020. China’s slowing economy, rising competition and attempts at entering new verticals haven’t always worked out as expected. Alibaba stock could be in trouble. Trading at such discounted
Gold continues to push higher, silver is starting to play catch-up, and more investors are beginning to pay attention to gold mining stocks. If you prefer to avoid ETFs, it may be worth considering Agnico Eagle Mines (NYSE:AEM) as a core stock in your portfolio. Agnico is a major player in the global gold mining
SoFi Technologies (NASDAQ:SOFI) stock outlook is not looking so great these days. On a year-to-date basis, shares have fallen nearly 20%. The company’s recent $750 million capital raise that includes convertible, which is debt that will convert to equity upon a certain date. This spooked investors who were afraid of possible dilution. While shares are down,
From the depths of despair, the most epic rallies can emerge. Or at least, that’s the going theory for Plug Power’s (NASDAQ:PLUG) brave, steadfast investors in 2024. There are no guarantees whatsoever, but Plug Power stock could stage a comeback in the coming months, as the company has already been through the wringer and is still standing.
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