Cryptocurrency markets have almost aligned with the stock market, making the correlation between the two quite strong. It’s safe to say crypto is here to stay. Despite it being alive and well, garbage cryptocurrencies are abundant. The pandemic gave rise to hundreds and thousands of cryptocurrency projects. However, that was a different time. Quantitative easing
Stocks to sell
Investors love blue-chip stocks for their safety and stability. Ideally, they provide strong dividends from well-known firms with strong business models that fare well in market downturns. However, some companies are relying more on past results to hold onto blue-chip status than anything they are doing today. With these blue-chip stocks to avoid or sell,
Following the speculative frenzy of 2020 and 2021, numerous penny stocks have lost their gains. Additionally, many former high-performers have also joined their ranks. While some stocks may be oversold and worth considering, most such stocks are not attractive investments despite their low share prices. Investors should exercise caution when considering penny stocks, as they
Exercise caution amid the electric vehicle (EV) hype, as some battery stocks face intense competition and potential price wars. While many project the global EV market will grow significantly, several companies have struggled and experienced stock declines. The market carries significant uncertainty right now. Fears of an impending recession have not gone away, despite increasing
In early April, prominent Wall St analysts predicted that oil prices could go beyond $100 per barrel as OPEC+ cut output while demand was supposed to surge due to China’s reopening. However, this prediction has failed to come to fruition, as oil prices have barely budged beyond $70 a barrel, down from over $80 in April. This was
The outlook of American bank stocks is generally mixed at this point. On the one hand, the sector should benefit from the overall strength of the U.S. economy, and the increase in interest rates makes it easier for many banks to generate large net interest margins (NIM) by charging high-interest rates on their loans. But on the
A pair of recent headlines with Nio (NYSE:NIO) have resulted in a moderately-sized rally for NIO stock. Climbing back to prices nearing $10 per share, some may think now’s the time to add this China-based EV maker back to their portfolios. Yet despite this latest boost in price, I wouldn’t assume that Nio is next
Knowing when to sell a stock can be as important as knowing when to buy it. This can be especially difficult with dividend stocks. Investors are told to hold onto their dividend stocks to allow the benefit of compounding to work its magic. But in any market, there are dividend stocks to avoid. And in
AI stocks may look as if they’re never slowing down, but that’s not true. OpenAI, the developer of ChatGPT, actively lobbied the European Union to impact upcoming AI regulations. Recent reports reveal that OpenAI’s proposed amendments to the EU AI Act, which were later included in the legislation, were approved by the European Parliament on
It’s been a downhill ride for long-term investors of electric vehicle manufacturer Lucid Group (NASDAQ:LCID). However, LCID stock caught a bid recently because of a much-touted partnership with another automaker. This doesn’t change our “D” rating on the stock, however, as the collaboration isn’t enough to make Lucid Group a high-confidence pick. We’ve warned prospective investors
There are no hard and fast rules for what constitutes a blue-chip stock. You just know them when you see them. They tend to be large, stable, profitable companies with well-known consumer products that have a long track-record of success. Investors tend to view blue-chips stocks as safe havens for when times get tough. But
Defying skeptics, i.e., the bears and the lion’s share of economists, the tech-heavy Nasdaq Composite was up a huge 29% so far in 2023 as of the afternoon of June 27. But this is not the second half of 2020. In other words, the vast majority of tech stocks aren’t soaring. Instead, this is a true “stock-picker’s
Penny stocks are known for their low price, which can make them highly sensitive to any bit of news surrounding the stock. One thing that investors frequently look for when considering which penny stocks to sell is to look at investor sentiment. Specifically, are insiders selling the stock. One motto of Peter Lynch, the
A lot of once high-flying growth stocks have fallen on hard times. Many of the companies that thrived during the pandemic have been left out of the current market recovery and look unlikely to regain their former glory. A lot of these stocks are tied to unprofitable start-ups or companies whose services worked well when
With private equity firms showing interest in the cybersecurity sector through acquisitions, now could be an opportune time to invest in cybersecurity stocks. Despite experiencing dips during market downturns, these stocks have maintained a strong growth trajectory. As the market turns bullish again, these companies should benefit. Investing in cybersecurity stocks is a logical choice
The global shift towards electric vehicles (or EVs) isn’t slowing down. But that’s hardly a reason to roll the dice with overhyped EV stocks. Plenty of companies stand to benefit from the vehicle electrification trend. Others, not so much. If successful in their respective “EV pivots,” incumbent automakers like Ford (NYSE:F) could become more profitable,
2023 has been a great year for the Nasdaq, with the tech-heavy index up 30%. With inflation moderating and the Federal Reserve seemingly set to pivot in its interest rate hike campaign, things are looking up. But it’s not all clear skies. In fact, for some high-risk tech stocks, investors should use the recent rally
Artificial intelligence has been the talk of the town over the past few months, setting AI stocks on fire. Many mega-cap companies have joined the fray, investing billions in advancing the next-generation iterations of AI technology. Thus, whether we’re talking pure-play AI stocks, or companies making strategic pivots into this area, it’s clear that investors
Selling stocks short is a practice that’s once again facing criticism, and a potential ban, following the collapse of multiple regional banks earlier in the year. Short selling is a risky practice where investors borrow shares, sell said shares (expecting their price to fall), then later buying these shares at a discount and pocket the
The party in energy stocks looks to be over. In 2022, oil and natural gas stocks were the only market segment that saw gains, as the price of crude oil surged to $122 per barrel. Now, with oil trading below $70 a barrel, the S&P 500 Energy Index is down 15% since the end of January. The