The market is a rollercoaster. However, who is controlling the monstrous ride? Is it mum and dad investors, fund managers, COVID-19 vaccine frontrunners, or the government? No single group is controlling the market. Instead, fear and greed have the remote control over the market. Greed controlled the rollercoaster for the past month as a false recovery (opinion not advice) erupted.… Read more
COVID-19 is disrupting the retail industry. Retailers are closing stores, laying off employees, and radically restructuring their business models to suit the digital economy. Starbuck’s (NASDAQ: SBUX) slump in growth during the pandemic gives investors an insight into the suffering retail industry. Starbucks has fought hard to make coffee and SBUX inextricable.… Read more
The sudden surge in the TVIX would suggest the bulls are falling off a cliff edge. While the future direction of the stock market is still in limbo land, negative US futures have set the tone for the week. The Dow, S&P 500, and NASDAQ futures are down 485, 50.5, and 124 points respectively (at the time of writing).… Read more
Management turmoil, risky leverage, and signing acquisitions that could only be sustained with record revenue is a scary picture right? Hertz Global Holdings (NYSE: HTZ) were living through this nightmare for the past few years. However, the car company plummeted when the COVID-19 storm emerged. Creditors were frustrated with the risky leverage, disappointed with insignificant revenue in 2020, and were unsure whether the current management could navigate the current minefield.… Read more
Why did Chesapeake Energy soar by 200%?
Chesapeake Energy Corporation (NYSE: CHK) plummeted because of the nightmarish oil scenario. However, the recent turnaround in the future outlook for oil is causing the Energy Giant to skyrocket. Especially, as OPEC + Russia agree to extend to historic oil cuts to July in an attempt to stabilise the market.… Read more
It feels like only yesterday that travel stocks were crashing. Warren Buffett sold off his airline stocks, and the entire consumer sentiment was down. In retrospect, it seemed logical that Airlines were down because the outlook for the travel industry was grim. However, our appetite for travel is rising.… Read more
Genius Brands International Inc (NASDAQ:GNUS) has skyrocketed since the beginning of 2020 as the company just keeps on giving to Bullish investors. With a tidy market cap of $763m the companys simple game plan has proved an effective business model for exponential growth. The company creates multi-media animations and licenses them to retail channels and firms across the globe.… Read more
Is NYSE: TGT a target for your portfolio?
First Coronavirus and now civil unrest is playing its toll on American businesses. The protests over a police officer killing George Floyd is causing business owners to shut up shop.
Target Corp. (NYSE: TGT) announced yesterday that 170 stores across the United States closed because of looting and protests.… Read more
Written by Sergeo Domtchenko
The Coronavirus pandemic has left the healthcare industry caught up in the middle of a frenzy. The biotech race is heating up. Unsurprisingly, biopharmaceutical companies have seen colossal investor backing over the past few weeks.
Wayfair (NYSE: W), the gigantic e-commerce store that sells a zillion amount of furniture and home goods, is rocking the investment world. Flashback three weeks ago and COVID-19 pulled Wayfair down to the $25 mark. Let me stress the significance of this bearish decline, $25 equated to a 5 year low.… Read more
Carnival Cruise (NYSE: CCL) and Royal Caribbean (NYSE: RCL) experienced extreme turbulence over the past few months. Especially, as the short term future of international travel dims. It seems the cruise line industry, as mentioned by Buffet, will never be the same again. Since our last article on investing in CCL and RCL, both stock prices have risen 5-10%, respectively.… Read more
The Godfather of investing – Warren Buffett announced on Saturday that he had sold $6 Billion in US airline stocks. The news came as Buffett announced to the press that his infamous Berkshire Hathaway fund had decided to cut ties with the US airline industry. Buffett explained that after consideration he had decided buying into the US airline industry was a mistake.… Read more
Written by Sergeo Domtchenko
DraftKings (NASDAQ DKNG), the rising online sports betting platform, turned the heads of NASDAQ investors last week after rising 10.4% on its debut. DraftKings hosts sports contests and provides sports betting services for the world’s biggest sporting leagues. These include the NBA, MLB, NFL, Premier League, UEFA Champions League, Tennis, and NASCAR.… Read more
Boeing Co’s (NYSE:BA) deal with the Brazilian Aircraft maker Embraer SA (BVMF: EMBR3) has fallen out after companies failed to finalise deal by dead-line. After years of discussion, Boeing had planned to acquire a controlling portion of Embraer’s airline manufacturing branch. The deal would see Boeing take control of the single aisle market share that is currently lead by AIRBUS SE (EPA: AIR).… Read more
In these unprecedented times, we are beginning to see a trend forming amongst investors in the international markets. Investor confidence is beginning to decay as Unemployment rates spike and companies begin to double down on liquidity solutions and slimming cost. Warren Buffett’s Berkshire Hathaway had reportedly sold $314 million USD of Delta Airways (NYSE: DAL) stock between the 1st and 2nd of April.… Read more
Luckin Coffee (NASDAQ:LK) is a Chinese coffee house chain that formed in 2017. The company has a $1.75 Billion market cap, making it one of the biggest Coffee Corporations in China. The company was trading around the $30 mark (NASDAQ) through February with investors confident that the Chinese giant would survive.… Read more
The global shutdown of the transportation and tourism industry has lead to some of the biggest Cruise lines across the globe halting operations until further notice. Subsequently, these Cruise line giants have lost almost 2/3 of their share value since February. Royal Caribbean (NYSE: RCL) and Carnival Corporation (NYSE: CCL) both share a market cap north of $5 billion, marking them the biggest contenders in the US.… Read more