For the fourth time in a year, the Federal Reserve hiked its benchmark interest rate to a new range of 1.25% to 1.5% after two consecutive quarters of 3% or higher growth. That’s a 1% total raise in the last year. Judging by such recent and rapid growth, the Fed doesn’t believe the economy needs…
DetailsIn early December 2017, Congress was pushing tax reform that would cut the corporate tax rate from 35% to 21%, creating a great deal of opportunities for the New Year. Some of the stocks that were already benefiting from the news were small caps. That’s because, at the time, small cap companies were paying an…
DetailsThe other day, shares of Spark Therapeutics (ONCE) fell 40% on disappointing drug data. However, we believe the Street is overlooking other opportunities this company has to offer. Also, it’s become aggressively oversold at this point with a good deal of upside potential. For one, the company recently secured a unanimous recommendation from a key…
DetailsTobacco stocks went up in smoke in late July 2017. But that’ll happen after the U.S. FDA announces a new comprehensive plan for tobacco and nicotine regulation that could cut the levels of nicotine in cigarettes to help make them less addictive and easy to quit. Part of the reason for such a push is…
DetailsAmerican’s infrastructure has been failing for quite some time. One look at the countless potholes, congested roads, derailed trains, collapsed bridges and dams is proof enough. Just to fix it all could cost as much as $3.6 trillion by 2020, says the American Society of Civil Engineers (ASCE). What’s worse, the ASCE just gave current…
DetailsSmall cap stocks are still one of the best bets on the market. Even Credit Suisse analysts agree, recommending that investors favor small-cap stocks over large caps over the next six to 12 months based on economic indicators and valuations, as reported by Barron’s. Other fund managers say they expect the small-cap rally to continue…
DetailsIn 2015, global electric vehicle (EV) sales topped a million. In 2016, that figured more than doubled. In 2017, we’re expecting for it to reach new records. Total SA’s chief energy economist believes electric cars could make up 15% to 30% of global new vehicle sales by 2030, as noted by Bloomberg. OPEC just quintupled…
DetailsAmerica’s aged infrastructure has been failing for quite some time. One look at the countless potholes, congested roads, derailed trains, collapsed bridges and weakened dams is proof enough. Just to fix it all could cost as much as $3.6 trillion by 2020, says the American Society of Civil Engineers (ASCE). What’s worse, the ASCE just…
DetailsOver the last few days, I’ve been asked for my technical opinion on Bitcoin. At less than $10, no one ever thought it would get to $100, $1,000, even $10,000. But in early December 2017, the price of a single Bitcoin was up to $17,798 with its sights set on $20,000. At the time, after…
DetailsThe U.S. economy is still chugging along at a healthy pace. After adding a revised 244,000 jobs in October 2017, the U.S. reported 228,000 jobs for November 2017 leaving the unemployment rate at 4.1%. That’s the lowest rate we’ve seen since December 2000. Most impressive, manufacturing added another 31,000 jobs in November. That means more…
DetailsNot long ago, we exited half of the AVAV position for 34%. Now, as AVAV begins to pullback, we’re recommending that you exit the second half at $53.73. We can always buy back in at a later date. As for new trading ideas, after a recent pullback from $37.35 to $36, the stock found support…
DetailsThe other day, we made quick mention of an opportunity with Micron Technology (MU). After a major routing for tech stocks, Micron appears to have bottomed out, finding support and pivoting higher from $40 a share. From here, we’d like to see a potential bearish gap refill around $50. While we’re looking for a double…
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