Norway Considers Nationalizing Power, Limiting Exports, Amidst European Price Surge
A jump in power prices in Europe has made the case for Norway’s ruling party to limit power exports, according to a new Bloomberg report. The Labor Party plans to prioritize ending Denmark’s power link in its 2026 renewal in its election manifesto for next September, according to insiders cited in the report.Power prices in Oslo hit their highest […]
Bitcoin Rises To $103,000, But Most Altcoins Drop In The Red
Image Source: Pexels This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of around $3.65 trillion. Bitcoin increased by nearly 3% to trade at around $103,000. Ethereum fell down by almost 2% to trade at around $3,900. XRP moved down by 5%, Cardano by 8%, and Dogecoin by 13%. Almost all […]
How Volatility Impacts Butterfly Trades
Image Source: PexelsIn this short video, I discuss how butterfly strategies perform in low vs. high volatility markets. With this video, you can learn how to adapt your trades for a better risk-reward ratio and how to maximize your profit potential.00:04:27More By This Author:Navigating Market Sentiment With LVN BreachesVolatility’s Impact On Trading DecisionsHow Fly Width Affects Decay And […]
3 Food Industry Stocks To Feast On Before The New Year Rings In
Image: BigstockWith the final weeks of 2024 on the horizon, the food industry finds itself at a pivotal moment. Consumer trends, supply-chain dynamics, and macroeconomic conditions have shaped the year into one of innovation and resilience.While inflation has eased slightly, it continues to influence consumer choices, pushing many to prioritize value-driven purchases. In response, food […]
WEC Energy Group Dividend Increase
Image Source: PixabayOn Dec. 5, 2024, WEC Energy Group, Inc. (WEC) increased its quarterly dividend by 6.87%, from 83.5 cents to 89.25 cents per share. The dividend will be paid on March 1, 2025 to shareholders of record. The ex-dividend date is Feb. 14, 2025.The stock’s contribution to my portfolio’s projected annual dividend income will increase by $69 to $1,071.I own 300 shares of WEC Energy […]
ServiceTitan Jumps 42% In Trading Debut
Image Source: www.gotcredit.com via FlickrShares of ServiceTitan jumped as much as 42% on Thursday when the cloud software vendor made its Nasdaq debut. ServiceTitan is the first significant tech company to go public since Rubrik’s (RBRK) debut back in April and Reddit’s debut (RDDT) a month prior. Latest IPOs and Direct Listings NetClass Technology (NTCL) opened on Dec. 13 at $5.25. The company had priced its initial […]
Weekly Technical Update: S&P 500 – Sunday, Dec. 15
Image Source: PexelsThe S&P 500 has continued to work its way higher, as it appears destined to reach the 6,200 level. In this video, I take a closer look at the market and update the labeling on the charts. Next week’s economic data will shift focus to PMI readings, U.S. Retail Sales, and the Fed decision on Wednesday.00:33:31More By This Author:Nasdaq […]
Is A Santa Claus Rally Into Year End Still Likely?
Image Source: Pixabay Stocks have been choppy over recent weeks, as portfolio manager Lance Roberts predicted due to end-of-year rebalancing by the major Wall Street funds.Once that wave is over, does a Santa Claus rally still look likely to occur?Lance and I discuss the odds of this, as well as the recent inflation data, poor price […]
Revisiting, “This Time Is Different”
Image Source: Pexels Efforts to justify the most recent market melt-up following the election of Donald Trump are difficult to comprehend if you are one of those already skeptical of this market. A read of the 2009 bestselling book titled, “This Time Is Different” did little to convince me that this time is different. It chronicles […]
Buying Alphabet/Google After Reviewing Price Target
Image Source: Pixabay During my routine review of the fair value targets for Watch List stocks, I noticed there was a bug in my spreadsheet for the calculation of Google’s (GOOG, GOOGL) fair value target. For terminal value, I was discounting by the free cash flow margin rate instead of the discount. This led to a quite substantial under-estimation of […]
