European interest rates rising, while the US is geared up for 5 hikes of 25 basis points in 2022. The market has shown extreme volatility lately as the interest rate hikes don’t jive with corporate earnings and future guidance.
Fallen Angels fly again. Facebook changes its name. Investors are happy.
The US home audio market continues to grow. A small, but highly relevant player has multiple lawsuits out against bigger players. Judges rulings have been positive initially, and a main date is coming in Q4 for a final decision.
The world is still far from “normal”, according to the Economist. The UK/EU is waking up after COVID. US investors are bullish. Whiskey cask investment looks like a scam.
Jennison, perhaps unsurprisingly, has had a super year with its tech heavy allocations. Ecommerce, payment systems and cloud computing have led it to its top tier ranking at Citywire.
Markets are near all-time highs across the board. The NASDAQ 100 (QQQ) has outperformed all major indexes as investors flock to quality technology names such as AMZN, AAPL, MSFT, FB and GOOG. These stocks account for a full 50% of the NASDAQ’s gains since the COVID low on March 23, 2020. More COVID Cases Despite Read more ➝
Microsoft (MSFT) reports earinsg on Thursday. In FAANG and related stocks, MSFT continues to be a standout. NFLX has competition and content reduction, AMZN has seen competition from WMT and also cloud spending slowdown, GOOG faces political backlash along with slowing compartive results, FB faces similar issues currently, along with lower usage rates. We’ve seen a high amount of call buying recently, heavily bullish-biased flow as shares Read more ➝