Hard Pass on Two of Your Favorite Stocks
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Read nowThe price action guides the narrative, and vice versa… Why Tesla’s big gain was too much, too fast… Where your tax dollars are going (it’s…
Read nowWatch Now… Every time you buy a stock, you’re also rejecting thousands of other stocks. It’s important to analyze…
Read nowBy Lucas Downey, Contributing Editor, TradeSmith Daily The hunt for superstar stocks in the making should be the goal of any investor. You know the ones…
Read nowIf you invest in the highest quality stocks to begin with – those with the best fundamentals, strong technicals, and Big Money flowing in – you’re likely to do yourself more harm than good by selling and hiding for six months. I dug into FactSet data and compiled the average returns by month for the Dow, S&P 500, Nasdaq Composite, and Russell 2000 small-cap index (RUT). And yes, there’s some seasonal weakness in there, but the most volatile month is clearly September.
Read nowChecking in on the U.S. government’s debt problem… Biden’s unrealized capital gains tax and the “trickle down” effect… How it’s inspiring the biggest trend in…
Read nowNote from Michael Salvatore, Editor, TradeSmith Daily: Give a man a fish and he’ll eat for a day. Teach a man to fish and he’ll eat for…
Read nowBy Michael Salvatore, Editor, TradeSmith Daily There’s no better word than “anomaly.” It makes no logical sense that a single sector of the market is trading…
Read nowMusic streaming has come a long way since illegal file sharing applications like Napster and LimeWire. Apple introduced its iTunes store and the iPod in 2001, and streaming services like Pandora, Spotify, and YouTube all launched shortly after in the mid-to-late 2000s. Despite not being well-received by the music industry, streaming became the dominant revenue generator for music labels in the mid-2010s. And according to the Recording Industry Association of America (RIAA), music streaming now makes up an incredible 84% of the U.S. music industry revenue – a whopping $43.4 billion in 2022 alone. Global music subscribers surged 26.4% during the pandemic to 523.9 million. The leading platform with the largest number of paid subscribers is Spotify (SPOT), which just reported first-quarter earnings on Tuesday and shot higher as a result.
Read nowGovernment data breaks the “soft landing” scenario… Treasury yields soar… The yen crumbles… But there’s still plenty of money to be made… In earnings trades,…
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