Posts

Showing posts from January, 2022

Market Recap | U.S. stocks close lower after jobs report

  Markets are off to a rough start in 2022. The  $S&P 500 index(.SPX.US)$  ended the week with a loss of 1.9%, while the  $Dow Jones Industrial Average(.DJI.US)$  has lost 0.3%. The tech-heavy  $Nasdaq Composite Index(.IXIC.US)$  fell 4.5%, its worst week since February. And the turbulence hasn't been limited to the stock market: The yield on the 10-year Treasury note jumped for five consecutive sessions to its highest level since January 2020, before the pandemic started spreading aggressively through the U.S. The week has been marked by big swings across stock and bond markets as investors have fled some of the most popular trades of the past year and parsed signals from the Federal Reserve on the path of rate hikes. As bond prices have fallen and Treasury yields have jumped, investors have ditched shares of technology and growth companies, particularly some of the most speculative bets in those sectors. The S&P 500 kicked off the new year with a fresh record on Monday bu

This Week Highlight - What To Lookout For in Y2022?

Image
  After a rough and volatile year in 2021, we have finally arrived at the January month of Y2022. With the crunching effect of Coronavirus and turning into Omicron now, the world is still wondering how many more folds of mutation will surface before the human reaches the end of this dark tunnel. In Y2022, we foresee there could be more volatility in market and the global economics will face more shortage in liquidity after the pandemic stimuli end in April for both U.S. and Europe. Literally, here are few things we need to look out for this year in order to protect your investment monies safely: 1) Tapering Exercise - The U.S. FED policymakers have made known openly many times in Q4 2021 on their intention to shave the balance sheet of USD8.3 Trillion from Government's budget deficit. This will be done in Y2022 but yet to mention the dates. In our opinion, there will be most probably 2 rate hikes this year in order to trigger a tapering program. Though some traders expect 3 rate hi

Market Recap | Stocks end lower after choppy session

  U.S. stocks fell Thursday in a choppy trading session, dragged down by investor worries about the impact the Federal Reserve would have on markets if it raises interest rates faster than once anticipated. All three major U.S. indexes finished the session lower, erasing intraday gains. The  $S&P 500 index(.SPX.US)$  edged down 4.53 points, or 0.1%, to 4696.05. The  $Nasdaq Composite Index(.IXIC.US)$  declined by 19.31 points, or 0.1%, to 15080.86. The  $Dow Jones Industrial Average(.DJI.US)$  lost 170.64 points, or 0.5%, to 36236.47. Markets have kicked off 2022 with choppy trading. Volatility accelerated Wednesday after minutes of the Fed's most recent meeting showed officials eyeing a faster timetable for raising rates. That sent stocks tumbling, with the technology-heavy Nasdaq posting its biggest one-day percentage loss since February. The choppiness continued on Thursday, with major U.S. indexes whipsawing between gains and losses for portions of the session before ultima

AMC, GameStop Lead Meme Stocks to Lowest Close Since January

Image
  Thu, 6 January 2022, 5:09 am (Bloomberg) -- AMC Entertainment Holdings Inc. and GameStop Corp. led a group of so-called meme stocks sharply lower on Wednesday amid a broad selloff that hit everything, from high-flying technology stocks to companies that went public via mergers with blank-check firms. Most Read from Bloomberg WHO Downplays Threat of Covid-19 Variant Found in France U.S. Logs Record 1 Million Virus Cases With Data Delay Omicron Cases Are Hitting Highs, But New Data Put End in Sight Hawkish Fed Sparks Tech Rout, Treasury Selloff: Markets Wrap Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown AMC closed 11% lower in New York, while GameStop declined 13%, helping send the basket of meme stocks tracked by Bloomberg to its lowest close since Jan. 21 when the market was swept up in the rise of retail trader-driven surges. U.S. equities deepened losses after minutes from the Federal Reserve flagged the chance of earlier and faster interest rate hikes. The S&

Up More Than 200% in December, is Insignia Systems Still a Buy?

Image
  Insignia Systems, Inc. ( ISIG  -  Get Rating ) is an in-store and digital advertising solutions provider. With a $32 million market cap, ISIG is a  small player in the advertising industry. However, the company has been catching meme investors’ attention lately due to its high short interest. ISIG gained 292.5% in 2021 and 155.6% over the past three months. December 2021 marked the best monthly performance of the ISIG since its stock market debut in 1991. However, the stock has lost 15% so far in 2022. Here’s what could shape ISIG’s performance in the near term: High Short Interest Of the 922,100 shares float, 565,000 shares are currently sold short, translating to a 61.27% short interest as a percentage of float . The short interest has increased by 2503.7% over the past month. Over the past two months, 608200 shares have been sold short. Approximately $9.28 million worth of ISIG shares has been sold short as of December 15, 2021. The stock has a   short interest ratio  of 0.2. ISIG

Chrysler Takes Aim at Tesla, Wants All-EV Lineup by 2028 -- Barrons.com

  Al Root   More traditional auto makers are taking aim at Tesla and going after a piece of the growing electric-vehicle pie.  Stellantis (ticker: STLA) brand Chrysler unveiled a self-driving concept EV at the Consumer Electronics Show in Las Vegas. The new car is just the start for the former member of the Detroit-three group of auto makers. Chrysler wants to sell only electric vehicles by 2028.  The Chrysler Airflow is an all-electric sedan that will house Stellantis' most advanced vehicle technologies. An Airflow, for instance, will be equipped with level three autonomous driving capabilities. That means drivers can safely stop paying attention to the road under certain, limited circumstances. Today's autonomous driving features are classified as level two. That means cars can do a lot for drivers such as manage speed and even change lanes, but drivers still need eyes on the road 100% of the time.  In addition to self-driving technologies, an Airflow will include STLA SmartC

Fisker Stock Looks Better in the Long Term After Its Recent Rally

  InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle start-up  Fisker  (NYSE: FSR ) stock rose by more than 6.2% during Monday's trading session as bullish spirits engulfed electric vehicle (EV) stocks during the day. It trades today at about $17.40 up almost $2 this week. Source: T. Schneider / Shutterstock.com Although the Fisker Ocean, the company's first production is still to roll out from a  Magna International  (NYSE: MG ) owned production line by November 2022, FSR stock still surged on an industry leader's production results. Fisker's stock rose as sentiment on EV stock was moved, boosted and lifted by a strong 13.5% rally in  Tesla  (NASDAQ: TSLA ) stock during the trading session. Tesla announced record delivery numbers on Jan. 2. The company delivered 308,600 vehicles during the fourth quarter of 2021, up 71% from a comparable quarter in 2020. Annual deliveries for 2021 increased by 87% year-over-year to 936,172 cars. Actuall