The Global X Dow 30 Covered Call ETF writes covered calls against the Dow 30 stocks. Read more to see why DJIA could be a solid choice during bear market periods.Read full newsRead More
I don't think investing in Cue Health is a very good idea. Click here to see my reasons and the potential headwinds facing the company.Read full newsRead More
2022 was the worst year on record for taxable fixed income funds, and longer-dated investment grade corporate debt bore the brunt of it.Read full newsRead More
Sometimes the market has a flash sale and adding more shares is just too tempting to pass up. I put a much larger amount of cash to work compared to previous months ending 2022.Read full newsRead More
Snowflake's financials remain resilient, with revenue doubling on an annual basis. See why I maintain a Buy on SNOW stock and consider it a good addition.Read full newsRead More
The policy update doesn't contradict the broader goals for Common Prosperity; the priorities have been reset and focuses rebalanced to tilt toward managing risk while reviving growth.Read full newsRead More
We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. Read more here.Read full newsRead More
CIBR ETF has 52% exposure to pure-play cybersecurity stocks. Read more to see why I think the identified cybersecurity names could provide better relative value long term.Read full newsRead More
Scorpio Tankers' profitability and cash flow are very strong. Read more to see its growth catalysts and their strategies for 2023.Read full newsRead More
Wall Street Silver, Released on 1/21/23Rick Rule returns to the show, and this time we dive into how countries are starting to look for other currencies to use for their trades, and Gold stands to be a huge beneficiary. Furthermore, we talk about Iran and Russia, which are looking to issue a new stablecoin backed by Gold. As for Silver, it seems like it has bottomed, and Rick explains how the move...Read More
Wolfstreet, Released on 1/22/23Drunk with Easy Money, companies were hogging office space and workers for a future that did not come.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in T...Read More
Liberty and Finance, Released on 1/21/23While the precious metal retail industry is lowering premiums because of more supply and decreased demand, overall supply remains tight in silver, says expert David Morgan. The retail supply could be wiped out in a couple days, he points out, with a big investor purchasing. If the institutions and/or nation state move into silver, he expects a substantial mo...Read More
Bloomberg, Released on 1/20/23Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the Federal Reserve should raise its benchmark interest rate by 0.50% at it's upcoming policy meeting. "I'd rather get the tightening out of the way now than when the economy weakens - I'd go for 50," he says on "Bloomberg The Open."Mohamed El-Erian is the President of Queens Col...Read More
(IDEX Online) - Indian diamond traders are too worried about volatile currency exchanges to buy Russian diamond in rupee.The welcomed the announcement last July that nine banks were opening "vostro accounts", allowing them to maintain business ties, despite Western sanctions against Moscow.But imports of rough from Russia have fallen by 40 per cent since April 2022 and not a single diamond trader...Read More
(IDEX Online) - Richemont saw jewelry sales rise by 11 per cent in the last three months of 2022, despite a Covid-related slump in China.Buccellati, Cartier and Van Cleef & Arpels drove much of the increase, the company said in an update. Jewelry was its best performing sector.Total revenue across all jewelry brands for the quarter was $4.03bn. Watch sales fell three per cent to $1.04bn...Read More
(IDEX Online) - Eira Thomas, chief executive of Canada-based Lucara Diamonds, says Russian diamonds "should be sanctioned".She told the Financial Times (FT) that, in her personal view, the EU should outlaw its gems when its 27 member countries adopts a new package of sanctions early next month.Belgian imports of Russian diamonds fell to $167m in the three months to the end of September 2022, aroun...Read More
DIVO yields 4.8% based on portfolio dividends and written call premiums. Read why I believe the ETF may appeal to income-oriented investors.Read full newsRead More
Essex Property Trust has a great long-term track record, but its recent performance is a bit lackluster. Read more to see why ESS stock is a Hold.Read full newsRead More
Local Bounti and AppHarvest are both US-based controlled environment agriculture companies. Read more to see why both LOCL and APPH should be avoided for now.Read full newsRead More
While Q3 results were not great, Gilead Sciences could beat expectations. See why the chances are high for GILD stock to continue its bullish upward trend.Read full newsRead More