Secret Ingredients
Written by: Angela Akers The Russell 2000 is the quintessential index of the Small Cap market and is up 19.60% year-to-date through November 26, 2024. More than 8% of that gain came during the post-election market run. I ran across an article on Financial Times Monday morning titled “Trump rally carries US small-cap stocks to all-time high.” It began, [...]
Walmart Hits 52-Week High After Earnings Beat and Positive Outlook: Should You Buy WMT Now?
Walmart's (WMT) stellar Q3 performance was driven by growth across all business segments. Net income reached $5.1 billion, or 60 cents per share on an adjusted basis, significantly exceeding the consensus estimate of 53 cents. E-commerce sales jumped 21%, with Sam’s Club seeing a 4.6% increase in sales. The company also saw international sales grow by 12.1%, underscoring the [...]
Rivian Shares Surge Amid Positive Developments: Time to Buy RIVN?
Shares of Rivian Automotive Inc. (RIVN) surged after receiving a major boost from news that California will revive incentives for EV buyers and a settlement was reached with Tesla over a 2020 lawsuit. These positive updates are lifting investor sentiment, but does Rivian have the fundamentals to match the excitement? Key Catalysts for Rivian Rivian’s stock jumped 13% following [...]
MicroStrategy Stock Soars and Dips Amid Bitcoin Frenzy: Is Now the Time to Buy?
Shares of MicroStrategy Inc. (MSTR) have been on a wild ride, experiencing volatility as it continues to be a major player in the cryptocurrency market. The company recently made headlines with its $5.4 billion purchase of 55,000 Bitcoins, bringing its total holdings to approximately 386,700 BTC, valued at roughly $37 billion at current prices. The surge in Bitcoin’s value, [...]
Weekly Market Recap: Earnings Drive Mixed Action, Tech Leads the Way
Monday: Investors kept an eye on upcoming tech earnings, leading to a mixed close. The Dow slipped by 0.1%, while the S&P500 rose 0.4% and the Nasdaq gained 0.6%. The day’s uncertainty stemmed from market anticipation of earnings reports later in the week. Tuesday: The Russian war on Ukraine escalated, adding pressure on the market. The Dow fell by [...]
Win With Crypto
Written by: Angela Akers Crypto has been flying high since the results of the election. The reason should not be a surprise. Throughout his campaign, President re-elect Trump openly supported Bitcoin and touted that he’d like to make the US the “crypto capital of the planet.” This week, it became apparent that the 47th President was going to make [...]