Why Bitcoin Will Moon
If you’re on the sideline wondering where bitcoin will go, we’re about to demystify it.
Warren Buffett famously described bitcoin as “rat poison squared” and a major reason for that view was the cryptocurrency’s failure to produce cash flows, or anything else really.
Buffett was viewing bitcoin more like an asset than something more elementary, a currency. » Read more about: Why Bitcoin Will Moon »
Read MoreMarket Commentary: The Meteoric Rise of Eli Lilly
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
» Read more about: Market Commentary: The Meteoric Rise of Eli Lilly »
Read MoreMarket Commentary: $25 Billion Stock On Sale 90% Lower?
One of Warren Buffett’s old favorites, Brazil’s StoneCo, has emerged with a strategy that may create a U-turn in it share price. What was once a $25 billion company has crashed to just $3 billion and change in market capitalization.
Yet StoneCo hasn’t been knocked out for the count yet. It surprised investors with an announcement that signaled it was bullish on its own company via a R$300 million (approximately $58.2 million) share repurchase program.
» Read more about: Market Commentary: $25 Billion Stock On Sale 90% Lower? »
Read More1 Odd Stock Set To Skyrocket?
Oddity Technology, a company at the intersection of consumer artificial intelligence, beauty, wellness, and now, even biotechnology, has largely flown under the radar but perhaps not for much longer. That’s because, unlike many AI stocks, Oddity isn’t growing like a weed at the expense of hefty losses.
Instead it’s reported soaring revenues and turning the bottom line positive in the process.
» Read more about: 1 Odd Stock Set To Skyrocket? »
Read MoreWhy Coinbase Could Soar
Among the best business models in the world is the money management one. While fees have come down substantially in recent decades, you can certainly still find examples of financial advisors charging north of 1% on assets under management while another 1% is charged through commissions, 10b-1 fees, and mutual fund costs.
Sum those up and 2% of invested capital is lost each year to these hefty fees.
» Read more about: Why Coinbase Could Soar »
Read MoreThe Ivy
How To Get Rich Trading: Step by Step Guide
Warren Buffett famously commented that he didn’t have to better at stock picking than others, he just had to be more disciplined.
Seems simple to say but look back at your trading and you’ll see why it’s so insightful. How many times did you sell when you got scared or buy when you got greedy?
» Read more about: How To Get Rich Trading: Step by Step Guide »
Read MoreThe Spotlight
Market Precariously Perched at Key Level
As the end of the quarter approaches, how do the markets fare? Zooming out, we can see that the S&P 500 is precariously perched on an uptrending resistance line.
While doomsayers have been lining up to predict the market’s demise for months, it has defied all skeptics and continued its march higher. But now it sits once again at a key threshold level.
» Read more about: Market Precariously Perched at Key Level »
Read MoreThe Daily
£10k in Tesla shares would have returned $100 per day since the US election!
Tesla (NASDAQ: TSLA) shares were having a rough year in 2024 until the US election on 5 November. For the first three quarters, it looked like the world’s most famous electric vehicle (EV) company would end the year down.
Now, the stock is up over 100% since this time last year.
» Read more about: £10k in Tesla shares would have returned $100 per day since the US election! »