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S&P 500, Nasdaq Log 8th-Straight Daily Win

S&P 500, Nasdaq Log 8th-Straight Daily Win

Wall Street closed Monday higher as investors readied for the Fed’s latest meeting minutes and central bank Chair Jerome Powell’s Jackson Hole speech — both of which are slated for later this week. In addition, traders also eyed the first day of the Democratic National Convention (DNC).The major indexes continued to rebound after a rocky start […]
Is The Stock Market’s Best Week Of 2024 Set To Continue?

Is The Stock Market’s Best Week Of 2024 Set To Continue?

Image Source: Unsplash Last week was the best week for stocks in 2024, as all three major stock market indexes posted their best results of the year.It is a bit unusual, as August is typically a sleepy month for the stock market, but this August has been anything but sleepy. Just two weeks ago, on August […]
Alphabet Turns Twenty

Alphabet Turns Twenty

Image Source: Unsplash Twenty years ago to the day, the company running the world’s largest search engine went public. On August 19th, 2004, Alphabet (GOOGL) shares IPO’d at a split-adjusted price of $2.13. In the 20 years since the stock has been a top performer in many aspects. Simply looking at the top line, revenues have […]
Real Hourly Wages, Median Income, And Aggregate Payrolls: Update For July

Real Hourly Wages, Median Income, And Aggregate Payrolls: Update For July

It’s a slow economic news week, so don’t be surprised if I play hookie tomorrow or Wednesday.In the meantime, now that we have July’s inflation data, we can update some “real” consumer well-being indicators.First, real average hourly wages for nonsupervisory workers rose 0.1% in July to a new all-time high excluding April through June 2020: […]
Will Electric Vehicles Be The Killer App For Silver?

Will Electric Vehicles Be The Killer App For Silver?

Image Source: Pexels Industrial demand for silver has been surging in recent years. Solar panel manufacturers were largely behind the 11% jump in demand for 2023 versus the prior year. Forecasters predict another 9% jump this year.For silver investors, however, the future of demand from manufacturers may be even brighter than the recent past.The solar industry […]
The Growing Threat Of Government Overreach In Digital Spaces

The Growing Threat Of Government Overreach In Digital Spaces

Social media has become the place where many of us spend our time, share our lives and, increasingly, get our news. An estimated 12 billion combined hours are spent every day on these platforms, which now host over 5.3 billion unique “identities” or accounts.With scaling like that, misinformation can spread like wildfire. We’ve all seen the headlines, […]
There Is No AI Without These Mega Cap Tech Giants

There Is No AI Without These Mega Cap Tech Giants

Image Source: Unsplash Introduction The worldwide AI market is expected to grow at a 19% CAGR between now and 2026 reaching $900 billion by then, according to market research firm IDC and that has led to a surge in investments and acquisitions by US-based “Mega-Tech” giants such as Nvidia (NVDA), Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), […]
Mr. Market Sez: “Don’t Worry, Be Happy”

Mr. Market Sez: “Don’t Worry, Be Happy”

Image Source: Unsplash (Today’s musical accompaniment is rather obvious, no?)The question that I’m most often asked lately involves the rapid rise and fall of the Cboe Volatility Index (VIX) over the past two weeks. I was asked it early this morning (at the 8:25 mark of this audio) and on Friday afternoon (at the 39:25 mark of this video). My answers […]
Can ZM Pull A PYPL?

Can ZM Pull A PYPL?

As you can see above, the charts of PayPal (PYPL) and Zoom (ZM) look quite similar. Both stocks surged during the pandemic as their services became necessities when everyone was locked down – but have been destroyed and left for dead since. Both are deep-value stocks by any metric at this point. PYPL got a […]
3 Promising Vaccine Stocks To Watch In The Event Of A Mpox Surge

3 Promising Vaccine Stocks To Watch In The Event Of A Mpox Surge

Image courtesy of 123rf.com On August 14th, Dr Tedros Adhanom Ghebreyesus, director-general of the World Health Organization (WHO), declared the mpox outbreak a public health emergency of international concern (PHEIC). When a disease is designated as PHEIC, such as previously Ebola, Zika, polio, or COVID-19, it typically follows a coordinated international response under the 2005 International Health Regulations (IHR). […]