1 Little-known Fund Goes All In On Semi Stock
Prospect Capital Advisors isn’t a big name fund but it’s put almost 10% of its fund into a single stock, Silicon Motion Technology.
For a fund overseeing hundreds of millions of dollars, this is quite a bet. Why risk it all on a little-known stock when you can follow the herd into Apple, Tesla, Amazon and Alphabet, » Read more about: 1 Little-known Fund Goes All In On Semi Stock »
Read MoreWarning, Warning: Real Estate Crash Incoming
According to Apollo, the housing slowdown is on pace for the fastest ever decline in history. Relative to past corrections, which appear to meander slowly downward by comparison, the 2022 housing market appears to virtually fall off a cliff.
Within 7 months of Federal Reserve interest rate hikes, the cumulative change in existing single-family home sales eclipsed a record -20%.
» Read more about: Warning, Warning: Real Estate Crash Incoming »
Read MoreBuffett Slashes Stake in Decade-Long Holding
A great investor knows when to pivot and let go of investments that once fit within their portfolios but may no longer suit their current and future goals. That may explain why Buffett cut his holding company’s position in U.S. Bancorp (USB) by more than half.
» Read more about: Buffett Slashes Stake in Decade-Long Holding »
Read MoreIs This Dividend King The MOST Undervalued Of All?
Dividend kings are a rare breed. A company must have increased its dividend consecutively for the past 50 years to qualify for the elite status. The list of companies that make the cut is small, as a result, and includes:
- Johnson & Johnson
- Procter & Gamble
- Coca Cola
- Altria Group
- Target
- Sysco
- Parker Hannafin
- American States Water Company
- Tootsie Roll Industries
The total number of companies that are on the list could hardly be counted on your fingers and toes.
» Read more about: Is This Dividend King The MOST Undervalued Of All? »
Read MoreYou’re About To Spit Out Your Coffee
While the market has generally been trending higher this year with various bumps in the road, Starbucks has had an altogether different journey and remained largely flat over the past 12 months. Worse still, until its recent CEO switchover, it had been decidedly under water.
The fundamentals have been fairly underwhelming for some time as earnings reports have revealed.
» Read more about: You’re About To Spit Out Your Coffee »
Read MoreThe Burst
In 35 Days, The Stock Market Will…
Some forecasters are more famous and some are infamous. Martin Armstrong may well fall more into the latter than the former category. He is the creator of the Economic Confidence Model and has a storied past, including battling the government.
As the narrative goes, Martin built a software that could accurately identify major market trends and turning points,
» Read more about: In 35 Days, The Stock Market Will… »
Read MoreThe Spotlight
Fast Growth Stock To Pop 230%?
» Read more about: Fast Growth Stock To Pop 230%? »
Read MoreThe Daily
XRP Holds Strong at $3.44 Despite 3% Dip as On-Chain Data and RSI Signal Bullish Momentum
XRP’s price recently pulled back to $3.44, registering a 3.2% daily loss. However, analysts argue this decline doesn’t indicate a bearish reversal. Instead, they see it as part of a consolidation phase, backed by solid on-chain activity and technical indicators that suggest bullish momentum remains intact.
Despite the drop,