Here’s a lesson in greed and fear. Early October 2018 was quite painful for the average investor. The major indices fell out of the sky. The tech-heavy NASDAQ fell from 8,100 to 7,300. The S&P 500 dropped from 2,925 to 2,725. And, after hitting an all-time high of 26,951, the Dow Jones Industrials plummeted 1,400 points. Of […]
China Evergrande loses $2 billion in value as trade resumes
wlthempire | August 28, 2023
By Clare Jim HONG KONG (Reuters) – China Evergrande Group lost $2.2 billion, or 79% of its market value, on Monday after its shares resumed trading in a crucial step for the world’s most indebted property firm to restructure its offshore debt. Evergrande is at the centre of a crisis in China’s property sector that […]
With Tesla push, India mulls import tax cut if EV makers build locally
wlthempire | August 25, 2023
By Aditi Shah, Aditya Kalra and Nikunj Ohri NEW DELHI (Reuters) -India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said. The policy being considered could […]
Nasdaq Futures Rally as Nvidia’s Blowout Forecast Boosts AI Stocks
wlthempire | August 24, 2023
(Reuters) – Futures tracking the Nasdaq 100 index jumped on Thursday after a stellar forecast from Nvidia boosted investor confidence in an artificial intelligence (AI) boom and lifted shares of major technology and growth stocks. Shares of Nvidia climbed 7.9% to $508.56 premarket after the chip designer late on Wednesday forecast quarterly revenue that far […]
Unpaid workers, silent sites: China’s property woes hit Country Garden
wlthempire | August 23, 2023
By Laurie Chen TIANJIN, China (Reuters) -At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a dull whirr and a few idle workers roam a near-empty site. “They haven’t paid us since Chinese New Year (in January). We are all worried,” said a […]
THE LIST IS IN: THE OFFICIAL 2023 “DOGS OF THE DOW”
wlthempire | January 5, 2023
The Dogs of the Dow is a stock-picking strategy that involves investing in the 10 highest-yielding Dow Jones Industrial Average (DJIA) stocks. The theory behind this strategy is that these high-yielding stocks are undervalued and therefore likely to provide strong returns over the long term. The DJIA is a stock market index that consists of […]
Best Technical Analysis Methods for Options Trading
wlthempire | November 10, 2022
Unlike traditional assets, options offer traders the flexibility that comes with different calls, puts, strike prices and expiration dates; not to mention the ability to create hundreds of different types of spreads and combinations to take advantage of different types of market conditions, volatility disparity as well as seasonal tendencies. Most options traders anticipate three […]
Day Trading And Swing Trading Tips For Beginners
wlthempire | November 10, 2022
Adjusting Volatility Is One of the Best Day Trading Tips You Will Get Many traders ask me for good day trading and swing trading tips, yesterday I discussed the concept of positive expectancy and how you should always maximize your profits and minimize your risk. I discussed a very important indicator that will help you […]
Global Casino & Gaming Stocks on a Heater
wlthempire | November 2, 2022
Shares of hard-hit casino operators have rebounded sharply after retreating as much as 50% over the past year. Wynn Resorts (WYNN) shares have skyrocketed after it was announced that Texas billionaire Tilman Fertitta, owner of the Houston Rockets has built a 6.1% stake on the company, according to a Form 13-G filing with the SEC. […]
6.89% Interest on Your Savings? Yes, with New U.S. Treasury Series I Savings Bonds
wlthempire | November 1, 2022
If you are looking for a conservative way to earn 6.89% interest on your money over the next 6 months and you have the ability to park funds for one year or more, then U.S Treasury Series I Savings Bonds may be the right solution for you. This is the third highest rate since I […]