Why Did Trump’s Team Buy This Crypto?
On December 11, 2024 a wallet associated with President-Elect Donald Trump began buying a cryptocurrency, Chainlink (LINK) in spades. Within hours a full million dollars had been invested into the token, so what is it about this under-the-radar play that most investors are not seeing?
There’s a little-known piece of blockchain history that often goes overlooked: back in 2017, » Read more about: Why Did Trump’s Team Buy This Crypto? »
Read MoreMarket Commentary: Will The Fed Lose Control?
From 1982-2023, a massive bull market in share prices took place, creating enormous wealth. But the prior decade or so between 1966-1982 was quite the opposite. Indeed, investors who bought the top in 1966 would have had to wait a full 15 years before seeing their investments turn profitable.
The bull run over the past forty years has been intermittently interrupted by stock market crashes,
» Read more about: Market Commentary: Will The Fed Lose Control? »
Read MoreThe Single Best ETF to Buy for 2024?
By many measures, the stock market is overextended now yet calls for a correction have vanished with the wind in recent weeks.
Within a few weeks, though, we expect the market will find a plateau and turnaround. If it does top as expected and start a new downtrend, one index above all others could be the top performer in 2024.
» Read more about: The Single Best ETF to Buy for 2024? »
Read MoreWhat To Do When It Hits The Fan
When markets fall, they seem to go down in sync. It’s one of the key insights into markets that many ordinary investors fail to spot, the correlation between markets.
Similarly, this year you’ll see the S&P 500 up 25%, and the NASDAQ up closer to 45%, and the Dow Jones Industrial Average up too.
» Read more about: What To Do When It Hits The Fan »
Read MoreWhy Did Billionaire with Perfect Track Record Buy This Stock?
ZoomInfo Technologies Inc. (NASDAQ: ZI) might have won over legendary investor Stan Druckenmiller but the market hasn’t been so kind, punishing the stock to the tune of 37% year-to-date.
When management unveiled earnings last quarter, $303.6 million in top line sales failed to ignite enthusiasm given that it represented a 3.3% year-over-year decline.
» Read more about: Why Did Billionaire with Perfect Track Record Buy This Stock? »
Read MoreThe Burst
Is This Fintech Set To Explode?
Fintech lender and financial services provider SoFi (NASDAQ:SOFI) was among the companies hit hard by the stock crash of 2021. At its peak, the company’s shares traded at over $25. Today, the stock is priced under $10 per share.
Recent developments, however, have given SoFi some renewed momentum and opened up the strong possibility of a turnaround.
» Read more about: Is This Fintech Set To Explode? »
Read MoreThe Spotlight
457 Million Reasons to Buy This Auto Stock
When you find an investment manager overseeing $1.2 billion, it warrants further investigation when they bet one fifth of their entire portfolio on a single stock. Yet that’s exactly the conviction that Impactive Capital demonstrated by betting 20.4% of their portfolio on an automotive retailer.
Amid the universe of thousands of stocks, what is it that Impactive portfolio managers saw in Asbury Automotive that motivated them to allocate $457 million of their fund to it?
» Read more about: 457 Million Reasons to Buy This Auto Stock »
Read MoreThe Daily
Dividend Investing: Is This High-Yield Dividend King a Buy After a Dip?
When it comes to income investing, many investors will turn to Dividend Kings. These stocks have increased their payouts every year for at least 50 years, drawing investors with their decades-long track record of stability.
Of those stocks, Target (TGT 0.58%) has drawn attention for its relatively high yield.
» Read more about: Dividend Investing: Is This High-Yield Dividend King a Buy After a Dip? »