Markets have remained bearish over the past week, with the double whammy of lingering inflation and federal interest rate hikes. However, the healthcare sector is expected to continue thriving amid surging healthcare concerns due to an aging population and the resurgence of COVID-19 cases. Furthermore, the demand for the digital healthcare industry is also soaring owing to its convenience and…
The U.S. consumer price index, or CPI, rose by 8.5% in March, its highest inflation reading since 1981. For Americans concerned about falling stock prices and soaring inflation, U.S. I bonds may be an increasingly attractive option. The U.S. Department of the Treasury recently announced that I bonds will pay a 9.62% interest rate through October 2022, their highest yield since…
As investors lookout for the most active stocks in the stock market today, oil and gas stocks continue to shine. Overall, some of the biggest names in the space are on the uptrend now. By and large, this is likely the result of soaring oil prices and dwindling global energy supplies. All of which are mainly stemming from the ongoing…
Throughout most of the publicly traded journey of e-commerce platform ContextLogic (NASDAQ:WISH), the route has been treacherous. What started out as an intriguing concept — evidenced by a peak price of more than $30 per share — gradually tumbled into what many analysts regard as a lost cause. Certainly, following the May 3 session when the security closed at $1.76,…
The Fed plans aggressive interest rate hikes to control surging inflation. The Fed aims to prevent consumers and businesses from spending by making borrowing more expensive, cooling demand, and keeping prices under control. Economists are concerned that if the Fed raises the interest rates too quickly and aggressively, it might push the economy into a recession. Amid a recessionary environment,…
The U.S. infrastructure bill and ongoing global economic recovery bode well for producers. Copper and steel are needed for any economic expansion and infrastructure push. On Wall Street, the red metal even has the nickname “Dr. Copper,” as if it had an advanced economics degree, given the correlation between its price moves and the direction of the economy. That’s because…
Selling puts is a neutral to bullish strategy. Traders tend to overcomplicate things. This is especially true with options trading where puts and calls can be bought and sold in seemingly endless combinations with cute names like calendars, diagonals, butterflies, iron condors, ducks, lizards, and so on. While more complicated strategies have their place, are they necessary to be a…
Amid a busy week of earnings reports from big tech names, semiconductor stocks remain relevant in the stock market today. For the most part, this would be because of the crucial role semiconductors play in most of the tech we use. From smartphones and computers to washing machines and televisions, most digital products we use every day rely on semiconductors.…
While the sentiment toward technology stocks is bearish, I feel that there are several aggressive contrarian opportunities. What investors need is patience and the stomach to ride out the volatility. One contrarian opportunity is Stem Inc (NYSE:STEM). Stem stock is an intriguing play on the renewable energy sector. About Stem Stock The post Stem Stock: Time to Look at This…
As the stock market braces for headwinds from geopolitical uncertainty and inflationary pressures, investors could be turning towards defensive sectors. As such, utility stocks could be one to consider as they are usually better equipped to weather market volatility. This is because utility stocks consist of companies that provide essentials such as water, electricity, and gas. On top of that,…