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Stocks

“Billionaires Are Selling Nvidia Stock and Buying an Index Fund That Could Soar 43%, According to a Wall Street Analyst”

“…The hedge fund managers listed below (all of whom are billionaires) sold Nvidia stock in the second quarter while buying shares of the iShares Russell 2000 ETF (NYSEMKT: IWM), an index fund that tracks the small-cap Russell 2000… …Ken Griffin and David Shaw… Continue Reading…

Stocks

“Meta Shares Are Flying High as Zuckerberg Sells His AI Vision”

“The Mark Zuckerberg run company has seen its shares gain 13% this month, far outperforming Big Tech peers despite reporting another jump in capital expenditures and pledging to spend even more going forward. The stock rose 0.3%, inching closer to… Continue Reading…

Stocks

“Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?”

https://finance.yahoo.com/news/intel-crashed-30-stock-sell-091500373.html I’m not going to read this. I don’t think it is. My opinion on long term stocks is unless its energy or commodes in general its better to wait to invest after the market crashes. There are exceptions but… Continue Reading…

Energy

“U.S. crude oil falls to six-month low as market sells off on recession fears”

“U.S. crude oil closed below $73 per barrel, the lowest settlement since Feb. 5…” https://www.cnbc.com/2024/08/05/crude-oil-prices-today.html

Stocks

“Dow tumbles 1,000 points, S&P 500 posts worst day since 2022 in global market sell-off…” [Aug 5 2024]

“Stocks fell sharply on Monday, with the Dow Jones Industrial Average posting its worst day in nearly two years, as worries over the health of the U.S. economy sparked a global market sell-off. The Dow dropped 1,033.99 points, or 2.6%, to end at 38,703.27.… Continue Reading…

Cryptocurrencies, Economy

“Trump proposes strategic national crypto stockpile: ‘Never sell your bitcoin’”

“Former President Donald Trump said that if he were returned to the White House, he would ensure that the federal government never sells off its bitcoin holdings. But he stopped short of proposing a formal federal reserve of digital currency.… Continue Reading…

Stocks

“Nvidia CEO Continues to Sell Shares. Should Investors Follow Suit?”

“Nvidia (NASDAQ: NVDA) CEO Jen-Hsun Huang has been selling shares of his company’s stock over the past two months, including 840,000 shares last week worth $59.3 million. The CEO has taken advantage of the stock’s huge rise in share price, which has… Continue Reading…

Stocks

“AMC buy imbalance 9,831,233 Only fraud and corruption stopping AMC from going to the moon SEC DOJ?”

Had to share this. At this point we have to wonder if the SEC is in on the corruption. This amount of fraud is insane.

Economy

“China Sells Record Sum of US Debt Amid Signs of Diversification”

“…Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s… Continue Reading…

Stocks

“Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says”

“ …” https://www.cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html His sell of stock might not be long term. (over five years) There’s always the possibility of him just wanting to avoid the upcoming stock market crash. It’s going to happen and can’t be avoided. Once the… Continue Reading…