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Are Markets Overvaluing These 3 Stocks? LULU, NFLX, SQ
Are Markets Overvaluing These 3 Stocks? LULU, NFLX, SQ Two recent events have brought the issue of stock overvaluation into sharp focus. First, Tesla (NASDAQ: TSLA), the original meme stock, hit a trillion-dollar market cap. Second, Rivian Automotive (NASDAQ: RIVN), an electric vehicle newcomer, surpassed the valuation of Ford Motor Company (NYSE: F) following its…
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17 November 2021
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Has The USD Avoided The Dreaded Taper Tantrum?
Has The USD Avoided The Dreaded Taper Tantrum? With the US Federal Reserve under increasing pressure, it has announced plans to begin tapering its asset purchase program. Starting later this month, the Fed will reduce its monthly purchases of US Treasury Securities by US $10 billion and Mortgage-Backed Securities by US $5 billion. The USD’s…
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04 November 2021
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USDARS: The Curious Case of the Argentine Peso
USDARS: The Curious Case of the Argentine Peso The Argentine Peso (ARS) has faced significant devaluation over the past two years, losing 71% of its value against the US Dollar (USD). In September 2019, the USDARS exchange rate was 57.54, but by the end of September 2021, the official rate had risen to approximately 98.5…
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26 September 2021
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Will the NFP Pull the S&P 500 Down This Friday?
Will the NFP Pull the S&P 500 Down This Friday? The S&P 500 has been on an impressive upward trajectory, with no 5%+ drawdowns for over 200 sessions. As the index approaches 4,500 for the first time, concerns are mounting about when this hot streak might end. The market’s rising momentum has left investors wondering…
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30 August 2021
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Inflation: Transitioning from Dovish to Hawkish
Inflation: Transitioning from Dovish to Hawkish Global Inflation Rates: A Snapshot Inflation has become a central topic in global markets, with growing speculation about whether it is transitory or permanent. Major questions are being raised about how supply constraints and the timing of central bank interventions will affect inflation in different economies. Here’s a look…
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21 July 2021
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Is the AUD Still a Short as It Heads to 73 Cents?
Is the AUD Still a Short as It Heads to 73 Cents? Covid Impact on Australia Covid-19 lockdowns remain a key concern, particularly in New South Wales, Australia’s most populous state. The Delta variant continues to spread rapidly, prompting the Australian government to extend lockdown measures. This situation is affecting businesses and daily life across…
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08 July 2021
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Litecoin and the Future of the Crypto Top-Ten
Litecoin and the Future of the Crypto Top-Ten Litecoin’s Place in the Crypto Market Litecoin, one of the original altcoins, has been somewhat overshadowed in recent years by newer cryptocurrencies. However, it once enjoyed a dominant position within the top ten list of digital currencies. Back in 2017, Litecoin was not only one of the…
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08 June 2021
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AMC Soars 95%: Is There a New Way to Evaluate Meme Stocks?
AMC Soars 95%: Is There a New Way to Evaluate Meme Stocks? AMC Entertainment’s Extraordinary Surge AMC Entertainment Holdings Inc. (NYSE: AMC) witnessed an extraordinary surge on Wednesday, closing at $62.55—a 95% increase—with after-hours trading indicating another 5%+ gain. This follows a substantial jump last week, where the price rose from $12.38 to $26.12. The…
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02 June 2021
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Canadian Dollar Strengthens After Central Bank Announcement
Canadian Dollar Strengthens After Central Bank Announcement Central Bank’s Move to Lower Asset Purchases and Impact on the Currency On Wednesday, the Bank of Canada announced it would reduce its weekly asset purchases, reflecting confidence in the economy’s improving recovery. Previously committed to spending C$4 billion weekly, the Bank will cut this to C$3 billion…
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21 April 2021
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Have Stimulus Checks Hampered March Job Creation?
Have Stimulus Checks Hampered March Job Creation? US Non-Farm Payroll: Will Stimulus Checks Stop People from Seeking Jobs? The U.S. Non-Farm Payroll (NFP) report for March, set to be released this Friday at 8:30 am (EDT), is eagerly anticipated by market participants. The Federal Reserve projects an optimistic addition of 680K jobs, while the market…
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30 March 2021
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