… it's just my perspective
The market, in overall, was bullish last week. All the three major indexes closed the week with a gain of over 2% for the week. S&P 500 hit another high and closed the week at 4,129 while 10 year Treasury yield stayed flat at 1.66%. The highlight of last week was growth stocks – specially…
Last week S&P 500 hit the 4,000 point mark first time ever on 4/1. Along with S&P 500, all other major indexes also closed the week on positive territory. Additionally, last week, the president released $2 trillion infrastructure plan which focuses – among others – on improving and expanding transportation infrastructure, broadband access and care…
The fear of rising interest rate was one of the driving forces that had a firm grip on the markets last week. All the three major indexes closed the week in negative territory while 10-yr treasury yield sat pretty at 1.72% as of end of last week. The two key messages – interest rates to…
The market was upbeat last week with all the three major indexes closing the week in green. Moreover, we saw DJIA and S&P 500 hitting all time high on heels of signing of American Rescue Plan (worth $1.9 trillion) on Thursday, 3/11 by the president. The volatility seen in NASDAQ is expected to continue as…
Roblox – an online gaming company where players can play as well as create games – is planning to go public on 3/10 through direct listing. It will be only the fifth company to go public through direct listing with Coinbase following soon. Roblox has been one of the beneficiaries of lock-down. In 2020 alone,…
Coinbase – a company started in 2012 in San Francisco, California – is a leading player in the cryptoeconomy. They started out with a simple idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, they support many crypto assets through their trusted and easy-to-use platform and are available…
U.S. stock markets closed the week on positive territory last week after a volatile trading with tech stocks taking the maximum beating. The fear of rising interest rates and inflation seem to be the driving force behind the current sentiment in the market. However, better employment numbers helped calm nerves of investors as we inch…
As Treasury yields keep moving up, market continues to take breather with NASDAQ shedding around 4.9% followed by S&P 500 and DJIA at 2.4% and 1.8% respectively. The organic growth in interest rates is a good sign of economy trying to get up and get going from the bottom it hit last year. This has…
The fear of rising interest rates got a hold of stock market with all major indexes closing the week relatively flat last week. The DJI was the only major index which closed the week positively while S&P500 and NASDAQ lost few points. The market took a little breather when Janet Yellen, treasury secretary, told CNBC…
Nokia Corporation (NYSE: NOK) is “a global communications company. The Company produces a broad range of technological devices and software, and operates networks, sales ,and communication channels worldwide.” They are based out of Helsinki, Finland and have offices and provide services all around the world. Below is a stock chart of NOK, courtesy of TradingView.com.…
The IPO has been coming thick and fast this year. Based on a report published by Renaissance Capital, there have been 55 IPOs (greater than $50mn in market cap and as of 2/14) priced this year which is a whopping 175% more than the change from the same date last year. In 2020, there were…
The stock market continues to move higher bolstered by some positive news on improving COVID-19 trend, vaccine rollout and expectation that decision on fiscal stimulus will be made sooner than later. These positive sentiments helped all the major indexes close the week in greener pasture. Also, looking at the data published by Investopedia (see below),…
Many a times my friends and family members ask me how to come up with a strategy around investing in stocks or cryptos or ETFs. I am no expert but I tell them what I do and know. It has worked for me so far but it doesn’t mean it will work for you right…
Even though meme stocks performed poorly, the overall market ended the week on a positive note last week. All the major indexes finished higher and calmed the nerves of investors who were expecting meme stocks’ sell-off to impact broader market negatively. We can expect the positive momentum to continue this week buoyed by some good…
QuantumScape Corporation (NYSE: QS) “is a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles. The company’s mission is to revolutionize energy storage to enable a sustainable future.” It was founded in 2010 by Jagdeep Singh and has some marquee investors like Bill Gates, Volkswagen, Khosla Ventures, and Kleiner…
Last week was crazy to say the least. The short squeeze saga of GameStop, Bed Bath & Beyond, Blackberry, AMC, KOSS etc. must have – literally – kept every investor (retail and institutional) on the edge of their chair. It was an uprising of retail investors led by redditors from WallStreetBets forum. The general consensus…
Workhose (NASDAQ: WKHS) is “an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector.” It was founded in 2007 and calls Loveland, OH it’s headquarters. It has a slew of fully electric delivery vans as well as delivery drones that can operate autonomously and also in tandem…
Tattooed Chef, Inc. (NASDAQ: TTCF) is a plant-based “food company offering a broad portfolio of innovative plant-based food products that taste great and are sustainably sourced. Tattooed Chef’s signature products include ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, and cauliflower pizza crusts, which are available in the frozen food sections of leading…
Last week we saw President Joe Biden sworn in as the 46th president of the United States. He swiftly jumped into action by signing few executive orders and reiterated that his administration is all hands on deck to fight COVID-19 and provide another round of stimulus to spur the economy. That seemed to calm the…
Hey there.. I am planning to start analyzing 2-3 stocks every week. Will try to assess a company from fundamental and technical standpoints to see whether it’s a good investing opportunity or not. So please let me know one stock you want to me to cover in the comment section below. Cheers!!
Investopedia says “Main Street is often cited as the opposite of Wall Street. That is, it may be used to describe the individual small investor as opposed to the professional securities trader.” As a regular Main Street investor, we may not have all the tools and sophisticated knowledge of Wall Street. Hence, it is important…
I am glad we escaped last week with less scathes at the stock market. I thought it could have been worse with the news of the President getting impeached and some of the leading banks performing below shareholders’ expectations. Additionally, announcement of new stimulus package (worth ~1.9 tn) – which obviously needs to be passed…
Last week we saw total chaos and cacophony at the Capitol Hill. But despite all that, it was good to see markets closing on the greener territory. I guess that sets us up for an exciting week. With JP Morgan Healthcare Conference, H.C. Wainwright Virtual BioConnect Conference, CES and earnings reports from some of the…
Below is my watch list for this week. I will be keeping an eye on auto/EV space and also checking FOMC minutes along with unemployment rate. Additionally, the recent surge in crypto currencies esp., bitcoin and dogecoin has kept me checking my portfolio on and off. Will be interesting to see where they end by…
2020 was a year that put lot of strain on our health as well as wealth. With many lost jobs, homes and lives, it was a difficult year for everyone worldwide. However, amidst all these, we saw a silver lining as well. The unprecedented pace at which vaccines were developed was never seen in the…