Buy Into the Core of Cryptos With One Blockchain ETF
It’s been the biggest financial news for months. It’s not the S&P 500 … or COVID-19 recovery plays. It’s not even tech stocks. It’s cryptocurrency: Bitcoin. Ethereum. Litecoin. Polkadot. Yes, even dogecoin. All of these digital currencies languished in 2020 only...
White House Says to Ignore Economic Data “Quirks”
Federal Reserve Chair Jerome Powell has acknowledged that inflation will increase in the coming months. In calculating inflation, this year’s prices will be compared to prices a year ago. In 2020, the economy shut down. Now that consumers are returning to stores and...
Citigroup Stock: A Recovery Dividend Buy With Growth to Spare
Earlier this week, I laid out the bullish case for the “vampire squid,” Goldman Sachs Group (NYSE: ), noting that banks are a critical piece of the reopening narrative. America’s entrepreneurs are eager to get back to work, and bank...
Earn 6.6% Without Ever Sweating the Fed Again
The market isn’t doing fixed-income investors any favors right now. But one of my favorite funds — in one of the best cash flow niches in the market — is delivering a gaudy 6.6% yield at today’s prices. And it does that by holding some of Wall Street’s most boring,...
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Invest in the Investors: One BDC With an 8% Yield Bonus
As a smart investor, you look at a range of factors before buying a stock. It all comes down to your ultimate investment goals. From targeting specific sectors to overarching strategies like value or income investing, there are different guidelines to follow. Today,...
Citigroup Stock: A Recovery Dividend Buy With Growth to Spare
Earlier this week, I laid out the bullish case for the “vampire squid,” Goldman Sachs Group (NYSE: ), noting that banks are a critical piece of the reopening narrative. America’s entrepreneurs are eager to get back to work, and bank...
Earn 6.6% Without Ever Sweating the Fed Again
The market isn’t doing fixed-income investors any favors right now. But one of my favorite funds — in one of the best cash flow niches in the market — is delivering a gaudy 6.6% yield at today’s prices. And it does that by holding some of Wall Street’s most boring,...
What to Do With Hyped Coinbase Stock — Part II of II
Editor’s note: Check out the first installment of Adam’s Coinbase analysis here. Yesterday I laid out the rules of the IPO math game I designed. The goal is to figure out what to do about last week’s Coinbase Global Inc. (Nasdaq: )...
What to Do With Hyped Coinbase Stock — Part I of II
You can learn a lot about investment strategies by playing math games. Let’s try one today on Coinbase Global Inc. (Nasdaq: ). See, everyone and their brother is talking about Coinbase. Every analyst has an opinion on whether you should...
Goldman Sachs Stock: The “Vampire Squid” Is Bullish in 2021
Of all the salty phrases used to describe investment banks, Matt Taibbi’s description of The Goldman Sachs Group Inc. (NYSE: ) may be the most memorable. In a 2009 Rolling Stone piece, he referred to Goldman as: A great vampire squid...
Earnings Edge: Airlines Ready for Takeoff? AAL and LUV
When the pandemic landed, airlines were one of the hardest-hit industries. Now that the country is almost opened back up, air travel has picked back up. From March 2020 to the end of the year, TSA checkpoints admitted one million people per day only 14 times. Nine of...
Buy Into the Core of Cryptos With One Blockchain ETF
It’s been the biggest financial news for months. It’s not the S&P 500 … or COVID-19 recovery plays. It’s not even tech stocks. It’s cryptocurrency: Bitcoin. Ethereum. Litecoin. Polkadot. Yes, even dogecoin. All of these digital currencies languished in 2020 only...
This Bull Market Just Gave a Rare Signal
Over the past year, major stock market averages made large moves in the bull market. The Dow Jones Industrial Average is more than 80% above its March 2020 low. In the past 12 months, the Dow is up about 50%. A move of that size is not unprecedented, but it is rare....
Johnson & Johnson Eyes Earnings Beat; Oil Demand Surges
This week, we’ll get a look into the quarterly earnings of Johnson & Johnson (NYSE: ). Investors will also see insight into the crude oil inventory in the U.S. Here’s more of what to look for in the week ahead on Wall Street: On the...
The Fed’s Nonexistent Inflation Policy Isn’t Good for Stocks
Inflation appears to be rising. In the most recent report, the Consumer Price Index jumped 2.6% compared to a year ago. This is higher than the Federal Reserve’s target of 2%, but the Fed believes inflation is high right now because of the math. When comparing prices...
Biden’s Afghanistan Withdrawal: What It Means for Oil Prices
President Joe Biden plans to raise gas prices. That’s not exactly what he said this week, but his Afghanistan withdrawal will lead to higher gas prices. Biden is withdrawing from the country by September 11, and other countries with troops in Afghanistan are expected...
Why a Market Pullback Should Develop This Week
Moving averages (MAs) are a popular technical indicator. They are widely used to define whether we’re in an uptrend or downtrend. A moving average is an average of the closing prices. It moves with the data and always uses the most recent closes. For example, a...
Don’t Tell the Fed, but the Smart Money Expects Inflation
Last week I wrote about how smart money is buying gold. This is based on data from the futures market, where large traders are required to report their positions every week. But it’s not just gold. Smart money is buying other commodities. And, as consumers know,...
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White House Says to Ignore Economic Data “Quirks”
Federal Reserve Chair Jerome Powell has acknowledged that inflation will increase in the coming months. In calculating inflation, this year’s prices will be compared to prices a year ago. In 2020, the economy shut down. Now that consumers are returning to stores and...
Employees Are Happier Than Ever
Recent data from the Federal Reserve Bank of New York shows that employees are happier than ever by some measures. Every four months, the Fed completes a survey about economic expectations. The survey includes questions on retirement plans and employment...
It’s Not Always Wise to Buy During War
Traders like to cite the age-old maxim that “the time to buy is when there’s blood in the streets.” With war drums beating in Ukraine, now could be a good time to review this advice. This phrase has been heard on stock exchanges for more than 200 years. Legend has it...
Housing Isn’t a Bubble: Homebuilders Won’t Meet Demand for Years
Bubbles require two pieces. First, the market must be experiencing rapid price gains. Second, these gains must be irrational. Rapid price gains explain why some analysts are concerned about a bubble in the housing market. Home prices, measured by the...
Vehicle Miles Show if the Economy Can Recover
Vaccinations offer the promise of an economic recovery. When enough people receive their shots, we should know how the new normal looks. For now, it seems safe to assume that the new normal will be different than life before COVID-19. Some people will choose to...
Through Math Magic, Economic Data Looks Great
Jobs are coming back as the economy continues to recover from last year’s economic shutdowns. At least that’s what the data says. But the data might simply be showing recovery because last year was so bad. Help wanted ads have always been a leading indicator of...
Inflation Ebb and Flow a Risk in Emerging Markets
As the global economy grows increasingly connected, the risk of contagion is growing — meaning investors should pay attention to emerging economies. Right now, risks are growing in those markets. Emerging markets are those with globally average incomes. They fall...
The Great Retirement Debate: Roth IRA vs. Traditional IRA
We have about a month until tax returns are due. It’s time to make those last-minute tax moves. Naturally, one of the best (and easiest) moves to make is to top up your IRA or Roth IRA for the year. For tax year 2020, you can contribute up to $6,000 to an IRA or Roth...
Self-Employed Taxes: Legally Shed Thousands Off Your Bill
Last week I shared some of my favorite ways to take an ax to your tax bill. And the good news, of course, is that we have an extra month to do it. The IRS extended the tax filing deadline to May 17. We’re all obligated to pay income taxes. It is, alas, the price we...
Protect Your Nest Egg: 3 Tax Tips for the Extended Season
You might have seen the news that the federal income tax filing deadline was extended to May 17. If you’re like me — it still feels like mid-January, and I’m wondering where the past two months went — that’s good news. It gives us a little more time to do some...
3 Simple Tips to Become a Humble Investor
Once in a while, I read something that I wish I had said myself. https://twitter.com/BrianFeroldi/status/1368664500849635328 To summarize Brian Feroldi’s tweet, the correction we’ve seen in tech and growth stocks might be finished. Or, for all we know, this may be a...
3 Ways to Invest Your Stimulus Check
Chances are good you’ll get a stimulus check in the coming days. Nearly 160 million Americans can expect checks of up to $1,400 after President Joe Biden signed off on the latest $1.9 trillion COVID-19 relief package recently. I don’t know how much sense the stimulus...
Buffett’s Annual Letter: Wise Words for Your Retirement
Warren Buffett recently issued Berkshire Hathaway’s (NYSE: ) annual letter. And as with every edition the Oracle of Omaha has penned over his six decades at the helm, you can bet that millions of investors are picking over every word...
Fear the Bear: The Dangers of a Buy-and-Hold Nest Egg
The market “always” rises 8% to 10% per year over time. You’ve heard that for most of your adult life. You’ve read it in glossy financial planning literature your financial advisor gives you. You’ve seen it in Vanguard mutual fund commercials. The problem with the...