I found something interesting sniffing around the latest Duquesne Family Office 13F filings. Former Soros protege, Stanley Druckenmiller tripled his stake in Datadog, a SaaS monitoring and analytics platform.
Why would a billionaire be buying a high growth stock in a rising interest rate environment?
The first clue lies in the DDOG share price.
» Read more about: Soros Protege Tripled His Investment In This Stock »
It’s hard to figure out one golden indicator that could accurately point to when the bear market will bottom. Should you look at Buffett’s favorite indicator tracking Total Market Cap/GDP? Or maybe it’s best to look at the S&P vs the Fed Balance Sheet? What about book values or price-to-earnings ratios for the indices? As you can see,
» Read more about: 150 Year Old Indicator Picks Bear Market Bottom »
There is no doubt that Beyond Meat has made a big splash in the food industry since it was founded in 2009. But with recent press releases suggesting that Beyond Meat may face financial difficulties, some people wonder if the company is destined to fail.
Beyond Meat produces plant-based meat products that are designed to taste and look like real meat.
In 2022, Warren Buffett has been all over the headlines. Whether it’s Apple, Occidental Petroleum, or Chevron, the Oracle of Omaha has added millions of shares to his portfolio, which is now worth over $300 billion.
This year’s bear market decline has allowed Buffett to buy shares at a significant discount,
» Read more about: Is Buffett Going All in on His Favorite Stock? »
According to one study, when markets fell by 21%, retail portfolios were down by 32%. It’s been a devastating year for ordinary investors, which means “safe stocks” are back in vogue.
This desire for safer stocks is especially apparent among those who have seen firsthand that the “next big thing” can decline in price as quickly as it rises –
Theme parks are open, cruises are sailing, movie theaters are back in business, and the COVID-19 pandemic is seemingly in the rearview mirror. So, is now the perfect time to buy the battered Disney stock (DIS)?
Walt Disney is one of the most recognizable names in the entertainment industry,
» Read more about: Disney’s 100 Year Plan = Monster Returns? »
When Cathie Wood first bet that Tesla would hit a trillion dollar market capitalization, it was valued at around 6% of that level.
Naysayers said she was crazy.
They cited unequivocal statistics that “proved” Tesla was overvalued, like summing up the market caps of all vehicle manufacturers and pointing to Tesla’s being greater than the combination of them all.
In an ongoing investigation, the New York Times has uncovered shady stock trades by members of Congress. Some congressmen and congresswomen appear to have used information they learned in their positions as legislators to make profitable stock trades.
Ethics experts have raised red flags and say this trading could be a significant conflict of interest.
» Read more about: Bombshell Report: Shady Trades In The Halls of Power »
If you look up the definition of leptokurtic, the dictionary explanation is:
That probably didn’t clarify things a whole lot if you’re not a statistician but in essence leptokurtic refers to a flatter distribution with fatter tails.
» Read more about: Markets Are Going FULL Leptokurtic, What You Need To Know Now »
So far this year, Warren Buffett has made massive energy bets, including his continued investment in Occidental Petroleum (OXY). The billionaire’s relationship with this once-troubled energy company began in 2019 and now looks like a long-term play.
What was once an opportunistic buy has turned into a significant partnership.
» Read more about: 1 Weird Buffett Stock You Won’t Want To Miss »