Last Friday a crack in the markets occurred in the final 30 minutes of trading. Although the session had largely been positive as volatility was crushed early on, selling accelerated into the close. It’s always an ominous sign for the markets when the close heading into the weekend is weak.
A closer look at the long-term trend reveals where the ceiling for the market lies.
Investment Alert: Buy Disney (DIS) Under $90
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Disney has been plagued with controversy recently.
Canopy Growth was at the forefront of the cannabis industry just a few years ago. But the Canadian cannabis producer has faced significant struggles that have reduced its valuation from billions to millions, as revenues have declined and losses have piled up.
In 2018, Canopy stock pushed past $50 per share, but investors have gradually given up on the stock since then.
» Read more about: Spotlight: Will This Weed Stock Get Your Portfolio High? »
Perhaps no greater signal exists that a company has upside potential than when its CEO starts putting his/her own hard-earned capital into it. And yet that’s exactly what happened with SoFi, again, and again, and again.
Here are SoFi CEO Anthony Noto’s transactions over the past 6 months or so. Note these are open-market and unplanned transactions by a key insider.
» Read more about: Market Commentary: CEO Bets The Farm On His Stock »
There is a reason Buffett is regarded as the greatest investor of all time. He’s got all sorts of tricks up his sleeve that most investors know nothing about. From warrants to riskless arbitrage, the gamut of innovative strategies he employs is as creative as it is extensive.
But his latest play might be among his most imaginative and intelligent yet.
» Read more about: Market Commentary: Buffett’s Japanese Play Is Genius »
Investment Alert: Buy Enphase (ENPH) Under $170
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
At one time, solar stocks were in vogue,
» Read more about: Alert: 46% Upside in Forgotten Solar Play »
On June 6, shares of Coinbase plummeted by 16% when it fell on news that the SEC was suing the company for exchange and staking programs. It’s a common enough occurrence to wake up and see a stock plunge, and most investors fall into two buckets by either chasing the move or…
Investment Alert: Buy IONQ (IONQ) Sell Strike 13.50 Calls July 14 Expiration
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Forget AI,
» Read more about: Alert: 17% Monthly Using Safe Strategy? »
CAVA debuted on the New York Stock Exchange on June 16, selling 14.4 million shares and raising a cash hoard of $318 million at a valuation just under $2.5 billion.
Eagle-eyed investors were stunned to see the share price soar by as much as 117%, before ultimately closing at $43.78 per share, slightly above its $42 open.
» Read more about: Spotlight: Should Sweetgreen Be 50% Higher? »
Seth Klarman is an investing icon, though many on Main Street don’t know his name. In 1991, he published a book called Margin of Safety that earned a place in Wall Street’s lore. As popular as the book became – reportedly even Warren Buffett owns a copy – it has been out of print…
