Month: May 2021

In my last write-up for Lordstown Motors (NASDAQ:RIDE) stock, I suggested that the company may be overvalued based on economic metrics. Source: Postmodern Studio / Shutterstock.com Specifically, unemployment trends for the construction industry were more negative than the national trend, which suggested that commercial fleet owners would not be willing to open their wallets. Naturally,
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In this article ALKS Hiraman | E+ | Getty Images Company: Alkermes Plc (ALKS) Business: Alkermes is a biopharmaceutical company that researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Its marketed products include ARISTADA (aripiprazole lauroxil), an extended-release intramuscular
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Sign in restaurant window. Elizabeth W. Kearley | Moment Open | Getty Images Workers are getting higher wages, but at some point that could bite into companies’ profits. As the economy reopens, costs are climbing for everything from packaging and raw materials to shipping. In addition to these expenses, companies are also paying more to
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Five of the past eight trading days have ended in the red, driven by fears of inflation. Last week, the market was startled by the news that the Consumer Price Index (CPI) posted its largest month-over-month increase since 2009. Making matters worse was that CPI also had its largest year-over-year rise since 2008. Tech stocks
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In this article FIGS^11-BR The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Robinhood is giving amateur investors access to initial public offering shares in its latest move to democratize retail investing. IPO shares have historically been set aside for Wall Street’s institutional investors or high-net worth individuals. Retail traders typically don’t
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Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Oprah Winfrey is a media proprietor, highly acclaimed talk show host, philanthropist, entrepreneur, and actress. According to Forbes, the “Oprah Empire” is currently worth $2.9 billion. She is widely known for her talk show, “The Oprah Winfrey Show,” which had been hailed as the highest rated
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Interested in trading foreign currency exchange markets but don’t have the time or know-how to trade forex? Forex PAMM accounts may be a good choice for you. What Is a PAMM Account? Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. An investor gets to allocate his or her
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AMC Entertainment (NYSE:AMC) has become famous for its “meme stock” presence. In other words, AMC stock and others have become the go-to short-squeeze names and have become well-known favorites among Reddit traders.  Source: rblfmr/Shutterstock.com Earlier this year, we saw an incredible development. Massive short-squeezes across the board had algos, retail traders and others looking to
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