Stocks With Short Squeeze Potential and High Borrowing Fees
Stocks with short-squeeze potential could be back in play this year. Short sellers had a profitable year in 2022, as the S&P 500 fell by around 19%. Shorted stocks returned 30.8% last year, surpassing the benchmark index by a wide margin, according to S3 Partners. In total, short sellers in the United States earned approximately…
What Covid? Moderna is Ready to Fight in New Biotech Battleground
Moderna was among the stock darlings that led the meteoric rise of the market, following the ‘Great Pandemic Crash’, as one of the first companies to develop a vaccine to fight Covid19 back in 2021. Since then, Moderna lost some of that ‘star’ status, falling by about 75% from its $497 high, down to as…
S&P 500 Still Likely to Have Losses In the Horizon
The S&P 500 could have another bad year, according to Wall Street analysts and bankers, who warn that the benchmark stock index is still not a safe bet for investors in the face of a slew of macro and market challenges. The S&P 500 plummeted 20% in 2022, as inflation rose and the Federal Reserve…
Time to Buy Stocks is Now, No Need to Wait for Good News
Staying on the Sidelines It’s alluring for investors looking to buy stocks who have been stung by the recent bear market to stay on the sidelines, until it’s apparent that the economy will escape recession, or recover from one. Many analysts foresee another turbulent year for equities, at least in the first part of 2023….
Crypto Stocks Poised For More Gains? Here’s 2
Following a turbulent 2022 marked by a series of bad occurrences culminating in the FTX disaster, which drove crypto stocks into deeper catastrophe, 2023 has begun with a bang for the industry. As is customary, bitcoin has led the charge, up 38% since the beginning of the year. As a result, other tokens have followed…
As Price Shoots Higher, is Transocean Still a Buy?
The Investment Thesis Energy has been the greatest-performing industry in recent years, and the offshore component appears to be late to the party, and Transocean is trying to fix it. Transocean’s backlog rose fast in the second half of 2022, as day rates continued to rise. Transocean has a significant amount of debt on its…
Can the Australian Dollar Soar in 2023?
In January 2023, the Australian Dollar (AUD) reached a four-month high versus the US Dollar (USD), as greenback weakness continued into the new year on forecasts of fewer interest rate hikes by the US Federal Reserve. The AUD/USD was around 0.696 at the time of writing on 20 January, its highest level since late August…
Kinder Morgan is Bullish Because of These Reasons
Despite recent turbulence in the energy industry, Kinder Morgan (NYSE: KMI) remains a buy. While the prices of energy producers’ products, especially natural gas producers, have fallen substantially from their post-pandemic highs, demand for natural gas remains high. This position puts Kinder Morgan in command of cash flow and dividends, which is good news for…
This Could Be the Death Knell for Marijuana Stocks
The most recent update from an industry darling may indicate significant financial hurdles for marijuana companies. The stock market has underperformed over the last year, and marijuana stocks have been targeted by bearish investors. The misery has rippled throughout the marijuana business, with the ETFMG Alternative Harvest ETF (MJ) losing more than half its value…
Let’s Have Fun this Week and Take a Look at Meme Stocks!
2023 is off to an explosive start, as meme stocks are skyrocketing, and retail investors are all scrambling to try, and have a go at the action. The thrilling and volatile meme-fueled, retail-focused trading that defined the market in 2021 and 2022, is back with a vengeance. Just take a quick look at this week’s…
