A bearish call by a sell-side — I’m on the buy-side — analyst has hit semis stocks. He (in this case) didn’t quibble with the near-term positive outlook for the industry — who could with commodity chips in record short supply?
Paul Meeks, CFA, explains in his 2021 first quarter financial commentary on tech and some reasons why it’s not winning. Read the commentary here!
Several Hedge Funds were short the stock to the tune of 140%……It is possible if u use leverage thru options and margin accts
A group of private investors, who collaborate on the Redditt Social media site, have been buying and owning Game Stop because they saw value at the low price and they were gamers who wanted to see them succeed.
The momentum is definitely positive and will be a wind at our back. This is primarily driven by the Federal Reserve monetary policies which are echoed by central banks of other countries around the world. In November and December, the Fed provided us with the same post meeting statement. Inflation has been running below 2% for some time and to achieve and average 2% inflation, they will be accommodative until the inflation rate runs above 2% for a period of time.
In light of the volitility we have seen throughout the course of 2020, Independent Solutions Wealth Management has been monitoring our strategies carefully and focusing on readying our portfolios for our next steps.
Paul Meeks shares his insight on the 2021 market predictions, the IPO landscape, and more.
I’m a tech investor. Most of my sector has crushed it during the pandemic as the world rushes to digitize. Tech’s the beast. Game over. After the “revenge of the nerds” rotation back into cyclical and value names peters out next year, I bet that tech will continue to outperform.
The greatest threat to tech stocks today was the suits filed by the Federal Trade Commission (FTC), state attorneys general that seeks to force Facebook (FB) to unwind its acquisitions of WhatsApp (purchased for $19B in 2014), and Instagram (bought for $1B in 2012, which may be the greatest tech deal ever).
We know why salesforce.com (CRM, $225) wants to buy Slack (WORK, $43). The customer relationship management software titan just posted quarterly bookings growth of only +10% YTY and it promises a 20% revenue CAGR.
The 2020 Presidential Election is just days away, and many things are impacting the markets. John Thur, CFA, Dan Neiman, CIO, and Paul Meeks, CFA are on the Independent Solutions Wealth Management Investment Committee and have put together three big market commentaries. Here is a sneak peek of the articles the investment committee has written.