May’s most shorted stocks include tech, consumers, and the S&P 500
The S&P 500 makes the list of most shorted stocks and ETFs for the second straight month.
In the first quarter, the economy sputtered, with the gross domestic product (GDP) decreasing by 0.3%. Since then, the economy has been hit with higher tariffs and the uncertainty of where Trump’s tariffs go from here.
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Read MoreCryptocurrency Price Today (June 6): Trump-Musk Feud Impacts Prices, BTC Dips Below $103k
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $103,000 mark on Friday, largely driven by the ongoing feud between two major crypto pushers, Donald Trump and Elon Musk. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the red across the board as the overall Market Fear &
Read MoreStock market today: Dow, S&P 500, Nasdaq futures rise as Musk-Trump feud rattles Wall Street
Lululemon (LULU)
Shares in the apparel company plunged 21.7% after the company issued weaker-than-expected guidance for the second quarter and claimed profits are at risk in a “dynamic macro-environment”. The brand expects Q2 earnings per share in the range of $2.85 to $2.90,
Read MoreDollar stores are seeing higher-income shoppers rush in the door. It's a warning sign for the US economy.
Dollar store chains have seen an influx of higher-income shoppers in recent months as economic uncertainty surges and households look to save.
“Higher-income customers have been a meaningful growth driver for us,” Dollar Tree (DLTR) CEO Michael Creedon told investors, specifically noting the chain saw an increase in customers with household incomes of more than $100,000.
The Burst
Extraordinary Buying Opportunity in Market Leader
Happy July 4th to our American readers.
PayPal has faced its fair share of difficulties but with the S&P 500 setting new all-time highs, this beaten down market leader may be on the cusp of returning to former glories.
While PayPal rode the wave of an upsurge during the pandemic lockdowns that drove contactless ordering,
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Read MoreThe Ivy
The ONLY Fund Buffett Recommends (hint, it’s not his own)
As probably the world’s best-regarded stock picker, Warren Buffett isn’t usually associated with ETFs. Nevertheless, the legendary value investor’s portfolio at Berkshire Hathaway contains two ETFs, both of which track the S&P 500 index.
These two funds, namely SPY and VOO, account for a little over $45 billion of Berkshire’s total holdings. Why does Buffett own the S&P 500,
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Read MoreThe Spotlight
Spotlight: Are You About To Lose A Fortune?
The turtle and hare game is so apt in investing. Why chase the fast bucks when slow and steady wins the race? Where investing gets tough is when the tortoise approach turns into a game of switcharoo, where you the investor gets the rug pulled on you. What am I talking about?
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