THE FED’S FOLLY
Written by: Angela Akers The Federal Reserve had its final meeting of 2022 last week and raised interest rates by 50 basis points, from 4.25% to 4.50%. Fed Chair Jerome Powell set expectations that the Fed funds rate will increase to between 5.00% and 5.25% by early next year and remain at that level throughout 2023. So, the hopes [...]
Why Did AMC Stock Plummet Today? 3 Issues We See Beyond the Capital Raise & Reverse Stock Split
Early this morning AMC stock plummeted 25% in pre-market trading before settling around a 12% loss by 11:30 AM EST. This came after a press release from the entertainment company announcing a $110 million equity capital raise along with a proposed reverse stock split. There are quite a few moving pieces to the equity capital raise deal struck [...]
Nike Stock Jumps 13% After Working Through Inventory Bloat – is it Time to Buy Again?
When we last talked about Nike back in September, the company was experiencing problems with inventory bloat. With $9.6 billion worth of inventory crowding shelves, analysts and investors alike had concerns - and this sentiment manifested itself in a lower price per share of $84. Today, however, Nike appears to have turned a corner. As the end of the [...]
SoFi CEO Buys $5m in Company Stock as it Sits at All-Time Low – Should You Follow Suit?
Recently, SoFi CEO Anthony Noto purchased 1.1 million company shares for a total purchase price of $5 million. Seeing as the stock sits at its lowest point since going public, investors are wondering if he knows something we don’t - or if this is merely a desperate attempt to turn things around. One thing we do know is that [...]
SNAP Drops Another 3% as Analysts Think It’ll Only Get Worse – 3 Things You Need to See
Monday morning saw the negative price trend for SNAP stock continue to strengthen, as shares fell an additional 3.5% by 11 AM EST. This came after Jeffries analyst James Heany joined Yahoo Finance to discuss the future for Snapchat - where he issued a grave warning to investors. We are nowhere near the bottom. While many on Wall Street [...]
Personal Retirement Planning: Your Guide to Getting Started
You know you need to start preparing for retirement, but you aren't sure where to start. How much money do you need to make that initial investment? Where should you put your money? How do you manage your investments over time? Personal retirement planning can feel daunting. But it doesn't have to be. With the right game plan and [...]
