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When it comes to understanding the potential movement of stocks, the relative strength index (RSI) is a valuable tool. It is a momentum indicator measuring price changes, giving valuable insights as it oscillates from 0 to 100. Readings over 70 indicate an asset is overbought and below 30 oversold. Typically, these points mark high and
In 2023, the United States housing market experienced a significant downturn, driven by the Federal Reserve’s hawkish monetary policy. This tightening of financial conditions led to a remarkably inaccessible market, especially for first-time buyers. Hence, the dream of homeownership has been overshadowed by rising housing costs, limited inventory, and competitive bidding processes. The outlook for
Infrastructure stocks already promise to be a big winner in the 2024 election as tensions heat up over America’s current road, bridge, and waterway conditions. While the current administration developed a substantial infrastructure plan, many feel there’s a long road (pun intended) ahead. Talking heads are already bemoaning the poor state of U.S. infrastructure development.
Tesla (NASDAQ:TSLA) has long been the odd duckling of the Magnificent Seven, the group of seven high-performing tech companies that have dominated the S&P 500 over the past year and change. Unlike the other six… Costs. Tesla makes its money from high-cost manufacturing, which depresses gross margins and lowers cash returns on investment. Auto manufacturing
In August 2023, Rolls-Royce unveiled the Droptail, the most expensive production vehicle in the world. According to industry estimates, the four vehicles produced will cost roughly $28 million each. And these superyachts on wheels will feature customizations that test the term “production vehicle.” One will feature a champagne refrigerator built specifically for the owner’s vineyard
As 2023 wrapped up, Russell 2000 stocks, mirroring the dynamics of small-to-mid-cap companies, showed resilience, outperforming their initial stance. The iShares Russell 2000 ETF (NYSEARCA:IWM), a key barometer for these stocks, boasts over $60 billion in assets and a robust daily trading volume surpassing 40 million, setting an impressive stage for these agile market players.
The Dividend Champions have increased their dividends every year for at least 25 years in a row. With their long dividend growth track records, throughout all kinds of crises, including the pandemic, the Great Recession, and so on, the Dividend Champion stocks can make for good income investments for income investors. In this article, we’ll