The Ukraine-Russia war, the Fed’s plans for more aggressive interest rate hikes later this year to combat inflation, and deepening supply chain disruptions continue to dampen investors’ sentiment. According to the New York Fed’s survey in March, consumers could witness inflation hitting 6.6% over the next year. However, April is historically the best month of the year for the S&P 500, making it…
Psychedelics—psychotropic drugs that trigger altered states of consciousness—are gaining widespread attention. Over the past two decades, research in the area has increased, with a magic mushroom ingredient—psilocybin—showing promise for treating a range of mental health disorders and addictions. In addition, a CB Insights market research report has shown that psychedelic medicine funding was set to cross $700 million in 2021, which is…
Over the last week, the S&P 500 is down by 4%. Other than gold and oil, nearly every segment of the market is lower, especially over the last 3 days. We often talk about the importance of interest rates and earnings in terms of equities. And, these do matter the most in the long run. But, a third factor is…
Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. Further, in 2021, the American Society of Civil Engineers (ACE) gave America a “C” in terms of infrastructure, which was an improvement from a “D” last year. What’s remarkable is these figures are much improved over the past year and projected to…
It might surprise you to know that on average, Americans spend 5.4 hours every day on their cell phones. We use them as alarm clocks to wake up in the morning, to take pictures and videos, send emails, text friends, play games, and even make phone calls (from time to time). They have become an essential tool in our lives,…
To say the market has started the year off on the wrong foot is an understatement. This is especially true in the high beta NASDAQ growth names. The Nazzy is now off to the worst start to a year since 2008. Nervousness about the markets is evident. Both the VIX and VXN -or VIX of the NASDAQ- are near the…
The metaverse is a virtual universe powered by augmented and virtual reality headsets that will enable users to engage with content, interact with other users, and experience almost anything in a virtual realm. The term ‘metaverse’ has been in the news since Facebook Inc. was renamed Meta Platforms, Inc. (FB). FB CEO Mark Zuckerberg said, “Our overarching goal across all…
If we weren’t already living in the digital age before the coronavirus, we definitely are now. Due to lockdowns and fear of catching COVID-19, people were forced to stay at home, which led to a surge in digital trends such as shopping at home, working from home, and learning from home. As a result, there was a surge in demand…
As I look back over the past year, I see 3 key lessons worth sharing at this time. Fully understanding each should benefit our investing strategies down the road. Lesson 1: Don’t Believe the Hype Fear sells. That is the mantra of all news outlets and for good reason. The more they can scare you, the more you will pay…
First, let’s check out the bullish reversal of the past week: As we can see, the market has climbed higher by 5% since last Monday. Even more impressive, when you consider that there was no trading on Friday. It’s pretty remarkable how the market basically followed its seasonal pattern… but at the same time managed to convince a lot of…