In a speech on Aug. 26, 2022, Federal Reserve Board Chair Jerome Powell stated: “The Federal Open Market Committee’s (FOMC) overarching focus right now is to bring inflation back down to our 2% goal.” He added: “Price stability … serves as the bedrock of our economy. Without price stability, the economy does not work for
[embedded content] This week in our Hypergrowth Investing podcast, we’re talking about my Big Three investing themes for the rest of the year (and beyond). You’ve probably heard me talk about each of these at one point or another. But I’m a big fan of repetition. The more we repeat things, the more command we
Penny stocks have a well-deserved reputation for low quality, high risk, and intense volatility. However, by practicing due diligence, you can discover some hidden treasures in the most unexpected places. Below, you’ll find updates on previously discussed penny stocks from this column, followed by a few new intriguing and inexpensive trade ideas that are still
For those unfamiliar with the term, a meme stock is a stock that has seen an increase in price due to attention on social media platforms like Reddit. In recent months, we’ve seen meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) skyrocket in value, much to the surprise of traditional investors. So, who will
In early August, Magic Empire Global (NASDAQ:MEGL) received a lot of attention, and MEGL stock shot up quickly. However, this is most likely due to a Reddit-fueled short squeeze. Regarding the company itself, there isn’t a strong argument to invest in Magic Empire Global. So, it’s wise to stay away from this particular stock even if
At the height of the COVID-19 crisis, the U.S. labor market’s employment losses topped 14% below pre-recession totals—more than eight points higher than the worst month of the Great Recession. Yet despite the unprecedented spike in unemployment, it would only take 29 months to recover the jobs lost, beating the recoveries of both the dot-com
Preston Pysh talks with Bitcoin educators Jimmy Song and CJ Wilson about their new lobbying effort. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:12 – Cj’s Experience in the MLB. 0:11:13 – Why Was Cj in Washington DC Recently? 0:18:30 – What Do Most Staffers Think of Bitcoin? 0:20:09 – What Do Most Politicians
I want to share with you the advantages and disadvantages of being a day trader. If you want to trade stocks and looking to become a day trader, it’s important to understand what you’re getting yourself into and the advantages and the disadvantages. So in case you want to change and become a swing trader,
These ETFs can be used for short-term trading or hedging. ProShares Short S&P500: https://www.zacks.com/funds/etf/SH/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID ProShares UltraShort S&P500: https://www.zacks.com/funds/etf/SDS/profile?cid=CS-YOUTUBE-FT-VID ProShares UltraPro Short S&P500: https://www.zacks.com/funds/etf/SPXU/profile?cid=CS-YOUTUBE-FT-VID Direxion Daily S&P 500 Bear 1X Shares: https://www.zacks.com/funds/etf/SPDN/profile?cid=CS-YOUTUBE-FT-VID Direxion Daily S&P 500 Bear 3X Shares: https://www.zacks.com/funds/etf/SPXS/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like
While no shortage of guidance exists regarding investment opportunities, investors with some funds earmarked for speculation may want to consider stocks to buy that hedge funds are also acquiring. The philosophy here is fairly straightforward: Rather than listen to some internet luminary, retail investors can trade alongside market professionals who have skin in the game.
With consumer prices hitting multi-decade highs, investors should consider avoiding the worst stocks to buy during inflation. True, the inflation rate dipped a bit in July to 8.5%. In the month prior, the metric hit 9.1%. Nevertheless, it’s important to realize that overall, consumers have endured sustained spikes in prices. Over time, that can hurt
A stock buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. When a company repurchases its shares, it can purchase the stock on the open market or from its shareholders directly. In recent decades, share buybacks have overtaken
I’m seeing a lot of artificial influences on the economy right now, including low interest rates and the statements made by Fed officials and various politicians. It can be hard to keep track of all that noise, not to mention the company-specific specific news that may affect the investments in your portfolio. It’s for that
Reuters Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the beleaguered retailer tumbled 19.8% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an undisclosed amount of stock in
Generally speaking (exceptions always exist), it’s not appropriate to label stocks to buy as gambling. Typically, financial advisors guide their individual clients to established investment opportunities for long-term growth and stability. However, the beauty of the capital markets is that they facilitate myriad functions. If you’re looking for quick cash, certain equities may accommodate. To
The Dow Jones Industrial Average (DJIA) is the most well-known stock market barometer in the world. Since its inception in May 1896, the index has changed its components dozens of times. The first change occurred a mere three months after the index was founded. One of the most recent changes took place in June 2018, when
Wall Street has been keeping a close eye on quantum computing stocks at the center of technology that will help solve computationally complex problems that rely on big data. Quantum technology, in a nutshell, can make advanced predictions and simplify challenging business operations. Scientists highlight “the disruptive potential of a quantum computer, beyond anything classical
Rates on 30-year home loans took a big step down Tuesday, but only after taking a much bigger step up on Monday, which had raised the 30-year mortgage average to its highest level in two and half months. Even with Tuesday’s retreat, the average still sits above the 6% mark. Today’s National Mortgage Rate Averages
The Rural Energy for America Program (REAP) encourages the transition to renewable energy sources in rural and agricultural areas. Created by the Agricultural Improvement Act of 2018, REAP offers grants and guaranteed loans for developing clean energy systems and installing energy-efficient infrastructures such as lighting, insulation, cooling, and more. Key Takeways The Rural Energy for
Today’s a really special day for me. That’s because today is the day I get to unveil the best kept secret on Wall Street – a secret that could help you make big money in a bull or bear market. Source: GluckaPixels / Shutterstock The story here is pretty simple. About a year ago, my